Rtd is a next-generation smart contract platform with high throughput, low latency, and an asset-oriented programming model powered by the Move programming language.
Rtd offers the following benefits and capabilities:
- Unmatched scalability, instant settlement
- A safe smart contract language accessible to mainstream developers
- Ability to define rich and composable on-chain assets
- Better user experience for web3 apps
Rtd is the only blockchain today that can scale with the growth of web3 while achieving industry-leading performance, cost, programmability, and usability. Rtd demonstrates capacity beyond the transaction processing capabilities of established systems – traditional and blockchain alike. Rtd is the first internet-scale programmable blockchain platform, a foundational layer for web3.
flowchart LR
CC(CLI Client) --> ClientService
RC(Rest Client) --> ClientService
RPCC(RPC Client) --> ClientService
ClientService --> AuthorityAggregator
AuthorityAggregator --> AC1[AuthorityClient] & AC2[AuthorityClient]
subgraph Authority1
AS[AuthorityState]
end
subgraph Authority2
AS2[AuthorityState]
end
AC1 <==>|Network TCP| Authority1
AC2 <==>|Network TCP| Authority2
Rtd is a smart contract platform maintained by a permissionless set of authorities that play a role similar to validators or miners in other blockchain systems.
Rtd offers scalability and unprecedented low-latency for common use cases. Rtd makes the vast majority of transactions processable in parallel, which makes better use of processing resources, and offers the option to increase throughput with more resources. Rtd forgoes consensus to instead use simpler and lower-latency primitives for common use cases, such as payment transactions and asset transfers. This is unprecedented in the blockchain world and enables a number of new latency-sensitive distributed applications, ranging from gaming to retail payment at physical points of sale.
Rtd is written in Rust and supports smart contracts written in the Move programming language to define assets that may have an owner. Move programs define operations on these assets including custom rules for their creation, the transfer of these assets to new owners, and operations that mutate assets.
Rtd has a native token called RTD, with a fixed supply. The RTD token is used to pay for gas, and is also used as delegated stake on authorities within an epoch. The voting power of authorities within this epoch is a function of this delegated stake. Authorities are periodically reconfigured according to the stake delegated to them. In any epoch, the set of authorities is Byzantine fault tolerant. At the end of the epoch, fees collected through all transactions processed are distributed to authorities according to their contribution to the operation of the system. Authorities can in turn share some of the fees as rewards to users that delegated stakes to them.
Rtd is supported by several cutting-edge peer-reviewed studies and extensive years of open-source development.
Use the following links to learn more about Rtd and the Rtd ecosystem:
- Learn more about working with Rtd in the Rtd Documentation.
- Join the Rtd community on Rtd Discord.
- Find out more about the Rtd ecosystem on the Rtd Resources page.
- Review information about Rtd governance, decentralization, and Developer Grants Program on the Rtd Foundation site.
See the Contributing Guide for details on how to contribute to Rtd.
See the Code of Conduct for details on our code of conduct.
See the LICENSE file for more details.