What is Ruff?
To make this a possibility, it’s main chain is open source complete with a distributed operating systems that merges peer to peer network, it’s innovative consensus mechanism and the virtual world of IoT by introducing edge computing.
That’s on top of allowing an easy environment for building dAppsmainly facilitated by different kind of nodes for executions. In simple terms, Ruff Chain is a decentralized, blockchain platform for efficient development of the Internet of Things dApps.
The IoT device will be; light node (executor), full node (recorder), representative node (judge) and a control node (SPV Wallet). The consensus algorithm applied by a full node is Proof-of-Work and the token name is RUFF. The RUFF tokens are used for trading and as an incentive for the Ruff Chain community. Producers of the above nodes will have to acquire RUFF tokens in order to contribute to the community. Additionally, RUFF tokens can be used as a settlement coin for data based on Smart Contract of Things.