The Rayls ecosystem at a glance
The goal of Rayls is to create an environment where both the DeFi users & developers and regulated institutions can co-exist and thrive.
For DeFi users & Developers: Most will use the Rayls Public Chain. It works just like any other Ethereum L2, the only difference is that all accounts need to be KYC’d. Dapps can be deployed and used, tokens created and transferred, bridges to other blockchains setup, and so on.
For Institutional Users: Most will start using the Private Subnets but can also use the Public Chain. The advantage for institutional Rayls Public Chain users is that since it requires KYC, there is a much higher level of security and compliance compared to other public chains.
Updated 4 months ago