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Rebus is a platform built to host blockchain applications (EVM) and native Vaults usable across multiple sovereign networks.
Why Rebus?
Rebus is a sovereign public blockchain in the Cosmos ecosystem, aiming to provide an environment for the deployment of interoperable smart contracts. The network serves as a decentralized, permissionless & censorship resistant avenue for developers to efficiently and securely launch smart contracts using standard framworks.
Inter Blockchain Communication (IBC) and Interchain Account (ICA)
At the heart of the Cosmos ecosystem is the Inter Blockchain Communication Protocol (IBC) and then the Interchain Account (ICA), which sets the table for an interoperable base layer 0 to now be used to transfer data packets across thousands of independent networks supporting IBC/ICA. This enables Rebus smart contracts and Rebus Vaults to interoperate with all IBC enabled networks.
Cosmos SDK
The Rebus blockchain is built using the Cosmos SDK framework. A generalized framework that simplifies the process of building secure blockchain applications on top of Tendermint BFT. It is based on two major principles: Modularity & capabilities-based security.
Tendermint
Agreement on the network is reached via Tendermint BFT consensus.
Tendermint BFT is a solution that packages the networking and consensus layers of a blockchain into a generic engine, allowing developers to focus on application development as opposed to the complex underlying protocol. As a result, Tendermint saves hundreds of hours of development time.
EVM
Rebus is built on top of Ethermint and bring with it the EVM/Ethereum compatibility.
Native Asset (REBUS)
REBUS, the native coin of the Rebus chain which carries a variety of use cases within the ecosystem, including:
securing the proof of stake network,
on-chain governance, for the Community fund pool and the Ethical fund pool.
used to pay for all the transactions, services and fees from all the dapps hosted on the Rebus chain.
{% hint style="info" %}
The coins reserved for the block reward are: 635,708,034 . The coins are released with a decreasing inflation for the next 15 years after the genesis:
{% endhint %}
Year
Percentage
Coins Released
1
25.00%
158,927,009
2
15.00%
95,356,205
3
10.00%
63,570,803
4
10.00%
63,570,803
5
5.00%
31,785,402
6
5.00%
31,785,402
7
5.00%
31,785,402
8
5.00%
31,785,402
9
5.00%
31,785,402
10
5.00%
31,785,402
11
2.00%
12,714,161
12
2.00%
12,714,161
13
2.00%
12,714,161
14
2.00%
12,714,161
15
2.00%
12,714,161
Coins block reward
100.00%
635,708,034
The block reward is distributed following these rules:
POS Validator/delegators: 72%
Ethical: 8%
Community: 5%
Rebus treasury: 11%
Rebus liquidity program: 4%
Who are the founders of Rebus
To learn more about Rebus founders please review the team page here
The live Rebuschain price today is $0.000997 USD with a 24-hour trading volume of $39,068.04 USD. We update our REBUS to USD price in real-time. Rebuschain is up 38.83% in the last 24 hours. The current CoinMarketCap ranking is #4182, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 REBUS coins.