Why RUcoin?

OPENNESS

OPENNESS:

The RUcoin network is developed as an open one. It means that anyone who joins it not only uses the currency, but participates in supporting the system as well.

BLOCKCHAIN TECHNOLOGY

BLOCKCHAIN TECHNOLOGY

The RUcoin Network is secured against attacks. The POS System provides the perfect way to secure the RUcoin Network and keep it decentralized.

DECENTRALIZED

DECENTRALIZED

We use decentralized blockchain transaction technology, so no centralized third party to trust. Transactions are performed directly between the users.

TRANSACTIONS

Like Bitcoin and Litecoin, RUcoin functions using public-key cryptography, in which a user generates a pair of cryptographic keys: one public and one private. Only the private key can decode information encrypted with the public key; therefore the keys' owner can distribute the public key openly without fear that anyone will be able to use it to gain access to the encrypted information. All RUcoin addresses are public key hashes. A public key is the RUcoin address to which other users can send RU coins. A private key, however, allows full access to the RUcoin wallet; it must be kept secret and secure.

EXCHANGES

RUcoin can be bought and sold both online and offline. However, the most popular way is to exchange them on crypto currency sites where you can buy, sell or exchange RUcoin for another digital currency or fiat money.

TRADING

Users can buy and sell RUcoin through Exchanger. Users, called traders, create the request for buying and selling with the price they want to offer. Users can find traders buying and selling RUcoin, Bitcoin online.

TRANSACTION FEES

Paying a transaction fee is optional. Miners can choose which transactions to process and prioritize those that pay higher fees. Fees are based on the storage size of the transaction generated, which in turn is dependent on the number of inputs used to create the transaction.