What is RUcoin?

What is the Blockchain?

The blockchain, is a huge, shared public ledger where the entire Bitcoin network is situated. All verified transactions are added to the blockchain, where everyone can see information pertaining to Bitcoin wallets and verify their balances.

What technology does RUcoin use?

RUcoin uses blockchain technology of distributed data and Proof-of-Stake mining algorithm.

Why does RUcoin use POS?

Proof of work requires burning an external resource (mining hardware) while proof of stake does not. Proof-of-Stake is a more progressive system than Proof-of-Work.

Is It Safe?

Just like most other things online, cryptocurrencies are not 100% safe. However if you protect yourself by having a difficult password you don't use other places, have a good antivirus program and take other safety precautions, then you will not have to worry about anything when you gamble with cryptocurrency online. The sites take all the necessary security measures as well, to ensure that hackers and other bad people will not be able to infiltrate their system and take any funds or data.

Does RUC have a block size limit?

Yes, RUC does have a block size limit of 1MB.

Can you please tell me about RUC developers?

RUC has been developed by a very active community, ranging from enthusiasts and experienced developers from different Sector. For the future growth of RUcoin many real businesses also supported.