Quote from: kyma on November 27, 2015, 05:19:06 PM

Quote from: rby on November 24, 2015, 04:43:50 AM

Quote from: Faradey100 on November 23, 2015, 11:22:18 PM

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.

so does this PoS require stake? OP just says reward 4 rby ....so just an open wallet? can wallet be empty?

Wallet can't be empty. Your balance / network weight x 960 (blocks per day) gives estimation how many 4 rby rewards you should get per day. But remember that blocks mature in 500 blocks which equals to about 12 hours and 30 minutes. That's minimum time to wait before your coins start to stake.