Rubi 💎 Global Channel

RUBI IS DEVELOPING TOO SLOWLY?
(Many people complain in exasperation)

Is RUBI really too slow? Let’s look at how long it takes for other protocols to be completed.

• Bitcoin: (2 years)
The simplest protocol > The author took more than a year to start it; the idea might have existed long before that, with the first mention on a forum around 2008. By 2009, Bitcoin officially launched.

• Ethereum: (3 years)
The founder was one of the developers involved in Bitcoin before 2013. In 2013, due to disagreements about the development direction and after a proposed update was not accepted, a new group of about four people was formed to start developing Ethereum. Although there were announcements about Ethereum and even successful fundraising with $18 million (by exchanging BTC for future ETH) in 2014, Ethereum officially launched in March 2016. So, it can be considered that Ethereum took at least 3 years to develop, not counting the "apprenticeship" time before that.

• Binance Smartchain (2 years)
Initially, BNB was just a token on the Ethereum network, but later Binance realized the need for their own first-layer blockchain. Therefore, the development of BSC began in 2020 – with experience and experts from Ethereum. Hence, Binance Smartchain is almost a twin sibling to Ethereum. By 2022, Binance officially launched Binance Smartchain and gradually transitioned BNB to their own chain.

• Pi Network (5 years)
Until now, Pi has been introduced for 5 years, still operating on the testnet blockchain, with a small part on the mainnet. We know that Pi Network, in terms of technology, inherits research and experiments from Stellar, reducing development risks. Many believe that the Pi developers are blockchain masters with decades of experience. However, Pi has still taken 5 years so far.

• Rubi Network (1-2 years)
Starting in May 2022, Rubi is currently operating on a testnet in SAFE Mode. The time when Rubi positioned its blockchain can be considered the launch of the Rubi wallet in July 2023. Then, in June 2024, the testnet launched. Thus, considering the overall development period or the specific blockchain positioning time, Rubi Network has only gone through about 1 to 2 years, depending on which timeline you consider.

CONCLUSION

Developing a blockchain model, whether starting from scratch or from an existing template, takes years and significant resources.

Today, those with experience usually take only 10 minutes and $0 cost to create a new token on blockchain platforms like Ethereum, Binance, Solana, or Ton that offer token creation services.

Based on the above data, you can see that with a modest team, Rubi Network has worked hard to accomplish significant milestones in building a blockchain.

Please independently verify the figures we mentioned using Google.

Once again! We hope you understand that building a blockchain typically takes years; it is a completely different task from merely creating a new token on existing blockchains.

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11.2K viewsAndy Nguyen, 18:13