What is REBL Token (REBL) Crypto Beginner’s Guide
REBL is a blockchain platform for cryptocurrency payments. It is secured via the Proof-of-Stake method. REBL is open-source. REBL designs individual chains for each client. The digital currency for each chain can be given a value through speculation or assigned a fixed value.
REBL designs several tools for the client’s blockchain including:
Dashboard – The client will have a customized dashboard. Users will be able to view the blockchain ledger. It is completely transparent.
Wallets – Clients have the option to add wallets. This includes desktop wallets and mobile wallets. These wallets are secure. The purpose of the wallet is to store REBL tokens.
Modules – There are integrated payment modules in the blockchain. These modules are online and offline. Some of the online modules include WooCommerce, Shopify, Prestashop, Magento, and BigCommerce.
Terminals – Users can make direct mobile payments via payment terminals.
REBL Customized Blockchains for Clients
REBL designs custom blockchains for each client. REBL modifies decentralized, public blockchains to match the requirements of the client. The goal is to create a blockchain that the client can use for their particular products or services. The result is better transaction processing and lower fees.
Another unique feature of this blockchain development platform is branded blockchain tools. Clients can request that their company logo be placed on each blockchain tool including wallets, dashboards, and terminals.
REBL Token Distribution
The REBL token is an ERC20 token. It is based on the Ethereum blockchain. Transfers are conducted via REBL smart contracts. Tokens were distributed according to this list:
165 million – Community
50 million – Rewards
50 million – External costs
26.2 million – Unexpected costs
19.8 million – Reserved for Rebellious team
Trading REBL Tokens
REBL tokens are traded on several exchanges including Bit-Z and EtherDelta. REBL tokens are paired with BTC and ETH tokens. REBL has a market capitalization of 5.15 million USD. Daily trading volume exceeds 972,000 USD. There are 170.7 million REBL tokens in circulation. A total of 326.48 million REBL tokens were created. REBL is ranked 549th by market capitalization.
Facts about the Proof-of-Stake Method
REBL uses the Proof-of-Stake method for mining tokens. This method prevents users from mining a disproportionate amounts of blocks. This method is dependent on the amount of tokens a user holds. They will only be able to mine a certain amount of blocks (verifying transactions). This amount is dependent on the number of tokens they hold. If they hold 2% of available tokens, then they are limited to mining 2% of the blocks on the ledger.
Proof-of-Stake is an energy-efficient method of mining. The alternative verification method, Proof-of-Work, requires a lot of electricity to process a cryptocurrency transaction. This is equivalent to the amount of electricity required to power 1.57 American households for one day.
Proof-of-Stake is a secure mining method as well. Since the user has a stake in the network, it is unlikely that the user would attack the network (51% attack method). Their earnings would decline if that happened.
How to Earn as a Masternode or Staker
Block rewards are awarded to Masternodes and stakers. Their tasks involve securing the blockchain network and verifying transactions. They are given transaction fees as well. Another source of revenue for Masternodes is client fees. Each new client that joins the REBL blockchain will result in the awarding of a Masternode to a user. The more clients there are, the more Masternodes a user can own.