#### What is aRIA Currency? aRIA Currency (RIA) is a next-generation [cryptocurrency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) that leverages a proprietary [Proof of Stake](https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake) (PoS) algorithm to facilitate fast, secure, and low-cost transactions. It aims to provide a decentralized, [peer-to-peer](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/peer-to-peer) electronic cash system that allows users to send and receive aRIA instantly. The currency is designed to be user-friendly, scalable, and easily adoptable for existing enterprise, payment, and retail applications. aRIA Currency strives to offer a more efficient and sustainable alternative to traditional cryptocurrencies by significantly reducing energy consumption and facilitating passive income generation through [staking](https://help.coinbase.com/en/coinbase/trading-and-funding/staking-rewards/eth-2-0-staking). The maximum supply of aRIA is capped at 10 million over approximately 50 years, ensuring a balanced and sustainable economic model. #### How does aRIA Currency work? aRIA Currency operates on a proprietary PoS algorithm that aims to eliminate issues associated with short-range and coin-age attacks. This algorithm allows for incredibly fast transactions, secure [validators](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/validator-), and ultra-low fees. Users can send and receive aRIA instantly, making it a practical solution for everyday transactions. aRIA also utilizes a second-layer [protocol](https://www.coinbase.com/learn/crypto-basics/what-is-a-protocol) to further decentralize coins, secure the network, and enable users to earn rewards in the form of additional aRIA coins just for holding them in their [wallet](https://www.coinbase.com/learn/crypto-basics/what-is-a-crypto-wallet). The rewards are based on the amount of holdings, length of holding, and difficulty. aRIA also aims to reduce [Bitcoin](https://www.coinbase.com/learn/crypto-basics/what-is-bitcoin)'s energy consumption by 99%, making it a more sustainable and eco-friendly cryptocurrency. #### What are the potential use cases for aRIA Currency? aRIA Currency aims to serve as a practical and efficient digital currency for everyday transactions. It can be used to pay for groceries, services, and other goods, similar to a bank card. The currency's fast transaction speed and low fees make it a viable alternative to traditional wire transfers. aRIA also offers a passive income generation opportunity through staking, where users can earn rewards just by holding aRIA in their wallet. In the future, aRIA aims to be integrated into existing payment systems, networks, and point-of-sale devices for a seamless transition from cash to crypto. #### What is the history of aRIA Currency? aRIA Currency was developed with the vision of picking up where [Satoshi Nakamoto](https://www.coinbase.com/learn/crypto-basics/who-is-satoshi-nakamoto)'s vision of a bank-less, financially independent, and peer-to-peer electronic cash system left off. It was designed to address the limitations of Bitcoin, particularly its slow transaction speed, high energy consumption, and resistance to scalability. aRIA Currency was built on the integration of cryptocurrency's two foremost [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain) technological achievements — Bitcoin and proof of stake consensus. It aims to combine Bitcoin's strongest assets with a highly efficient, scalable, and flexible proof of stake consensus algorithm, introducing a new paradigm for cryptocurrency utility. aRIA Currency is not a Bitcoin chain [fork](https://www.coinbase.com/learn/crypto-basics/what-is-a-fork), but an original implementation of the Bitcoin codebase with several performance and consensus upgrades.