RISE Network Specifications

The foundation of the RISE blockchain

To be a trusted platform for developers and businesses in the future, it is helpful to understand the basics of how the RISE network operates. The RISE blockchain will be the foundation on which developers and businesses build and create on.

The RISE platform is powered by a Delegated Proof of Stake (DPOS) blockchain and below we have outlined key specifications underpinning the RISE network. You will find all the links you need to either become a Delegate, vote for a Delegate or just gain a deeper understanding into how RISE Delegated Proof of Stake (DPOS) works.

Delegated Proof of Stake (DPOS)

There is a vast amount of content and opinion on different blockchain protocols. For the record, RISE operates a Delegated Proof of Stake (DPOS) blockchain, which is one of the most energy efficient, flexible and decentralised consensus algorithm available. A consensus algorithm determines who will generate the next block in a blockchain.

What is a Node?

To become a Delegate to help secure the network, you must first set up a node. A RISE node is a server or computer that has installed RISE software and connected to the internet. A Delegate is a RISE node that has registered to be a Delegate with a registration fee of 25 RISE.

Set up a Delegate Node : https://forum.rise.vision/topic/12/preface-set-up-your-own-delegate-node Learn more about Delegates: https://forum.rise.vision/topic/17/delegates

What are Delegates and how are the 101 elected?

The RISE network is secured by all nodes, however 101 active Delegates are elected by RISE holders and given the authority to generate blocks. RISE holders are part of the electoral process, by staking their RISE holdings in a wallet and voting for a Delegate or becoming a candidate themselves. The duty of the 101 active Delegates is to secure the main RISE blockchain (a.k.a the mainchain). Transaction fees on the network are distributed equally amongst the 101 active Delegates.

Any RISE account can become a Delegate and all Delegates are ranked. The top 101 Delegates are active and other that fall outside of the 101 list are standby Delegates. Delegates can ‘forge’ which means they have the opportunity to earn RISE rewards for generating new blocks, secure the network and confirm transactions on the RISE blockchain.

RISE Delegate Monitor: https://explorer.rise.vision/delegateMonitor RISE Delegate Vote Ranking: http://rise.delegates.tech/risevotel.php

How does the RISE voting system work?

RISE holders vote for Delegates who maintain the network security through a decentralised voting mechanism. The vote weight of each wallet is in proportion to the amount of RISE it contains. The more RISE you have in your wallet, the more ‘voting power’ you have. Voting has a fee of 1 RISE and you can only vote for 1 Delegate per wallet. So it is each voters responsibility to choose a Delegate wisely, like you would in a real life election.

Some Delegates are public pools with daily or weekly forging rewards. Please use the DPOS Tools link for optimisation metrics on Delegates or join our #delegates channel to learn about public pools on Slack.

New to RISE? Here is a step by step process:

If you still learning about RISE, the below links will help you get started with wallets and voting.

Download either a Web or Desktop RISE wallet:

RISE Web wallet: https://wallet.rise.vision RISE Desktop wallets: https://rise.vision (front page)

2. Watch how to install your wallet and vote for a Delegate on Youtube:

RISE: Desktop Wallet Installation and Walkthrough: https://www.youtube.com/watch?v=xcs7rkI81l8 RISE: How to vote?: https://www.youtube.com/watch?v=0OiO5E2avYI

What are the networks time specifications?

Round Time:

Round time is the duration it takes to generate exactly 101 blocks. In the RISE network it currently takes 50 mins and 30 seconds for 101 blocks to be generated.

Block Time:

Block time is the duration it takes the network to agree on a consensus to the blocks hash, or to verify a transaction.