Founded in October 2016, lbank is an innovative digital asset trading platform for global users. It aims to provide professional asset management solutions. The core team members of lbank are outstanding talents from different fields. Some of them are private investors with rich trading experience, some are blockchain technology researchers, and others are cryptography experts. Lbank team is committed to building it into a professional digital asset integrated service platform, so as to escort the asset security and transaction experience of users.

Riaspace

Riaspace (RIA) is a pioneering public blockchain project designed for a distributed value ecosystem, with a fixed total supply of 210 million RIA tokens. The network utilizes a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, driven by the innovative Ria2xor algorithm. This algorithm dynamically adjusts mining difficulty, eliminating the dominance of ASIC miners and redefining efficient and fair PoW mining. The genesis block will have an initial mintage of 21 million RIA. The block reward is halved monthly, and after four halving cycles, the reward remains permanently stable, balancing decentralization and long-term value preservation.
Its mission is to create a transparent and immutable blockchain-based crowdfunding investment platform for technology projects. Through rigorous team and community vetting, Ria Capital focuses on incubating technology and blockchain ecosystem projects with growth potential that require development funding. A core principle lies in the tokenization of technology assets on public blockchains. By deeply integrating blockchain technology with traditional IT, technology assets are endowed with programmable, composable, and verifiable digital attributes. All technology projects invested in by RIA are converted into divisible, traceable, and verifiable blockchain assets on the blockchain, and their value growth is closely coupled with the development of the RIA public blockchain ecosystem.
The main features of the public chain: the addition of a mining node verification mechanism.
POW consensus mechanism, block time: 30S/block, algorithm: Ria2xor
Node architecture:
1. Block Verification
Masternode: Requires an investment of 350,000 RIA. After the node is created, the funds are automatically locked through a smart contract.
Function: Runs as a P2P server to handle real-time network updates, verify POW generated blocks, and distribute block rewards
2 Anonymous Transactions
The masternode achieves RIA anonymization in the following ways:
Zero-Knowledge Proof (ZKP)
Transaction amount and address confusion
3 Node Security
Executed via smart contracts with anti-cheating safeguards:
To prevent miner collusion, any miner or mining pool attempting to monopolize rewards will trigger an immediate network hard fork, disqualifying the attacker from receiving rewards.
Reward interception defense: Malicious nodes that attempt to intercept rewards will be blacklisted, lose block access rights, and punish the relevant miners.
10.85 million RIAs have been allocated to the foundation and 19 communities around the world to build nodes.

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