Rubix is a layer-1 blockchain protocol for peer-to-peer data transfer & transactions. RubiX has primarily two types of tokens: Utility tokens generated with strong mathematical proofs that are mined by nodes working to secure the network by storing proofs (capped under 50.7 million), and Asset tokens that can represent any underlying asset or contract including NFTs.

Rubix chain is an aggregation of several account chains existing in parallel. Transactions achieve consensus individually, allowing for asynchronous parallelism leading to very high scalability. Account chains are linked through unique tokens & token chain hashes.

Rubix is the only L1 with a decentralized identity built right from the scratch. Rubix also solves the state storage problem seen in other chains - Rubix is highly storage efficient & hence ideal for Web3 applications. RBT is the native utility token, which is a must to perform a peer-to-peer transaction on the chain. Miners are incentivized with RBT rewards.