Posts Tagged ‘RBY mining’

Rubycoin (RBY) Scrypt-based alternative cryptocoin

21, Feb 2014

rubycoin-logo

Rubycoin (RBY) is digital money used for secure and instant transfer of value anywhere in the world, with no borders or limits. There is no government, company, or bank in charge. Utilizing blockchain technology, Rubycoin are issued and managed without any central authority. Every user with a Rubycoin wallet plays an important role in processing transactions on the decentralized, peer-to-peer network. Interest is earned by each participant and users stay in full control of their money.

Website:
– https://www.rubycoin.org/

Block Explorer:
– https://chainz.cryptoid.info/rby/

Coin Specifications

  • Scrypt Algorithm PoW + PoS
  • Max Supply: 60 million coins
  • Block Reward: For the first 5 months, rewards step down from 500, 250, 125, 75, 50
  • Block Target: 150 seconds
  • Difficulty Retargetting: Every block
  • Premine: 2%
  • Proof of Stake (PoS) reward: 4 RBY
  • Block Time: 90 seconds
  • Minimum Stake Age: 500 blocks

Wallet:
– Online Staking Wallet
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Mining Pools:
The coin is now PoS only, no mining pools available.

Coin Exchanges:
– Yobit
– Bittrex


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