Key Terminology

RBT (Rubix Token) The primary utility token in the Rubix Network, capped at ~51.4 million. Used for transaction validation, validator pledging, smart contract deployment and governance.

Tokenchain A dedicated transaction history bound to a single token (fungible or non-fungible). Each chain records state changes.

Proof of Pledge(POP) The Rubix consensus model where validators pledge RBT tokens instead of burning compute (PoW) or locking massive stake (PoS). Validators earn proof credits based on their active contribution.

Quorum or Validator A node that participates in transaction validation by pledging RBT tokens. Quorums earn proof credits and help maintain the integrity, fault tolerance, and consensus of the Rubix network.

Credit A unit of validator contribution in Rubix earned by pledging RBT tokens and validating transactions. Accumulated proof credits can be converted into new RBT tokens via mining.

Decentralized Identity(DID) A self-sovereign, cryptographically verifiable identity generated by each Rubix node. Based on ECDSA-P256, DIDs are used to sign transactions and establish trust without central authorities.