Hello. Anyone please tell me,why Rubycoin fly too high from nothing? I remember Rubycoin price has been 200-400 satoshi a time ago. Why other altcoins not fly to high from nothing? Sorry l just newbie and l want to know:-) From what is this high price now?
A new website is being worked on and will have more information. We are still small, and there is much room for improvement, but from a development point of view, a few things set us apart:
- Full time development.
- Survived longer than most, well beyond the average lifespan of a cryptocurrency, and thriving.
- Up to date with security patches:
https://github.com/rubycoinorg/rubycoin/commits/master- Proof-of-stake enables holders to earn Rubycoin as a reward for keeping their wallet open. Holders are essentially miners, rather than separating the two like proof-of-work does.
- Up to date with the most modern, fair, and secure version of proof-of-stake.
- Pure proof-of-stake is energy-efficient. Large amounts of electricity are not being used.
- Decentralized / No centralized checkpointing.