The REBL token
REBL ERC20 token

Q4-2017-Q2-2018

Currently, the REBL token is an ERC20 token. This means we are a token based on the Ethereum network, hosted by Ethereum addresses, and sent by Ethereum transactions. The distribution and transfer of REBL tokens are handled by the REBL smart contract, which is an application running on the Ethereum network.

Token distribution

ERC20  REBL token

ERC20 token to REBL blockchain coin

Swap Q3 2018

In Q3 2018, all Rebellious token holders will be able to swap their ERC20 REBL tokens to REBL coins on our own blockchain. More information about the token swap process will be communicated in the near future.

REBL token distribution

1. 165.000.000 tokens

have been airdropped to the community

2. 50.000.000 tokens

will be given as rewards to the community

3. 50.000.000 tokens

will be used to pay external costs

4. 26.200.000 tokens

are reserved for unexpected costs

5. 19.800.000 tokens

are reserved for the Rebellious team

ERC20 Contract Address: 0x5F53f7A8075614b699Baad0bC2c899f4bAd8FBBF

The Rebellious ERC20 token is available at:

REBL ERC20
Current market value

Bitcoin

Ƀ 0.00000311

Market Cap

$ 3,379.77 K

$ 0.01965

0.32

Coinmarketcap

ETH

Ξ 0.00006916

Volume 24H

$ 549.41 K

The REBL COIN
REBL Blockchain COIN

Available Q3-2018

The core of the REBL concept is the REBL Blockchain—an open-source blockchain validated and secured by nodes in the network that run on the Rebellious Proof-of-Stake consensus protocol. We prefer the Proof-of-Stake protocol over any other because we want every holder to be engaged with the project. Proof-of-Stake (PoS) is a category of consensus algorithms for public blockchains that depends on a validator’s economic stake in the network. In PoS-based public blockchains, a set of validators take turns proposing and voting on the next block, and the weight of each validator’s vote depends on the size of their deposit (ie. stake).

Proof of Stake

The benefits

Reduced risk of a 51% attack

The Proof-of-Work protocol is sensitive to a 51% attack. This refers to the possibility of a group of miners controlling more than 50% of the network’s mining hashrate. Proof-of-Stake dramatically decreases the chance of the attack, as someone would have to own 51% of all the coins, which is highly unlikely and practically much harder than acquiring 51% of mining power.

Fair rewards

With the Proof-of-Stake protocol, 5 million of coins will get you exactly 5 times higher returns than 1 million of coins. This is without any additional disproportionate gains because in proof-of-work, bigger players would be able to afford more efficient mass-production equipment which increases their reward while relatively spending less.

Increased environmental responsibility

The Proof-of-Stake consensus model is more energy efficient than Proof-of-Work schemes. No need to consume large quantities of electricity in order to secure a blockchain (it’s estimated that both Bitcoin and Ethereum burn over $1 million worth of electricity and hardware costs per day as part of their consensus mechanism).