Rakurai

🥇 We won! 🥇 First prize in the Crypto Infrastructure Track in Colosseum's Renaissance hackathon. Kudos team Rakurai 🏆 🏆 🏆 Get ready for high yield #staking on #solana https://lnkd.in/gmJk-i8r

Happy to share our latest project, Crypto DropCopy! 🚀 Our team worked hard and learned a lot in a short time. You can see our project live at the Colosseum website https://lnkd.in/dTgVa9PJ. It's been a fun and interesting project. I'm glad to have been a part of it and excited to continue contributing to its growth by implementing further improvements and features. Give it a try and let us know what you think! If you have any questions or ideas, feel free to reach out. #rakurai #SolanaRenaissance #DeFi #blockchain #hackathon #web3 #web3development #Solana #colosseum

🚀Exciting News from the Rakurai Team! 🚀 Our Blockchain platforms team at Rakurai is thrilled to introduce the "High TPS Solana Client" submission on Solana Labs Renaissance Hackathon by Colosseum. With proprietary scheduling and pipeline optimizations, our solution significantly enhances transaction per second (TPS) capabilities and up to 30% higher staking yield by sharing block rewards. For a deeper dive into our project and to see our demo, check out the submission here(https://lnkd.in/dC_WUJGj).

Proud of the progress we made as team in such short duration and be able to participate in the Solana hackathon arranged by Colosseum. Our Crypto DropCopy project is up live now for exploration (https://lnkd.in/dkFtCnHw) on the Colosseum website along with demo instructions. Do give it a try and share your thoughts. If you have any questions/suggestions, feel free to dm me or reach out to us at hello@rakurai.io.

Exciting news! At Rakurai, we're thrilled to be participating in the Solana Renaissance Hackathon(https://lnkd.in/e_TcGvqJ), focusing on a crucial gap in the DeFi space. Our project aims to address the need for a Drop Copy solution, facilitating PnL tracking, trading alerts, and rugcheck for SPL tokens; implementation focused to facilitate both institutional clients and retail customers. Details mentioned here: https://lnkd.in/drV8rUbC. Stay tuned for more updates as we progress along! #SolanaRenaissance #DeFi #blockchain #hackathon #web3 #web3development #solana #colosseum

As MEV trader if you are using RPC to send transaction it can be inefficient as it might land your transaction but doesn't guarantee the slot(multiple Hops involved and network congestion(https://lnkd.in/d4_ZeP6s)). To address this, at Rakurai we've developed a solution: lite transaction sender client enabling transactions to be sent directly to the slot leader via QUIC Protocol. This Lite Client ensures not only that transactions land in the required slot but also at the start of the execution queue, optimizing transaction placement. Additionally, our Lite Client offers flexibility to target specific validator sets like Jito validators. Moreover, users can adjust the number of leaders to keep in cache and number of leaders to send transactions starting from current slot, providing further customization. Stay tuned for more updates! #crypto #solana #defi #rakurai

With the boom in Web3 adoption, there is a need to address its security approach. Considering the banking sector (which is highly centralized), its easy to detect an unauthorized transaction since banks use a closed ecosystem and have access to user profiles. Still, there is a high chance of fraud going undetected due to ever evolving fraud methods. If we consider Web3 which is entirely decentralized, detecting an unauthorized payment is a lot difficult due to the permission-less infrastructure of blockchain. While there are some methods being used, they are mostly reactive. There is a need to implement a security architecture with a more proactive approach. This can increase the trust and confidence of non technical people in Web3 applications This article (https://lnkd.in/dVmvq2hf) from crypto.news highlights such security issues faced by blockchain. #web3 #web3security #blockchain #fraudprevention #frauddetection

As promised, here is a detailed blog around the API comparison for Ethereum. Do give it a read and make sure to like if you find it helpful and comment to share if you have any thoughts around it. https://lnkd.in/dygNA67a #ethereum #blockchain #web3 #defi #rakurai #apis #wallets #portfoliotracking  #moralis #syve #etherscan #zerion #jito #crypto

Peer-to-peer communication is an important component of any #blockchain network. How does this work in #solana? Below is a first in a series of explainers that we hope to put out as we continue to build high performance #web3 infra.

75% of retailers gearing up to accept crypto via payment gateways by 2024 according to a survey by Deloitte. TPS (transactions per second) demand is coming! #web3, #stablecoins, #blockchain #infra, #tps, #tokenization