ruby

Rubycoin – A precious gem for the digital age

Rubycoin logo

Recently, mid-february, a new coin has been launched – Rubycoin. As I said before, most people trading coins are not professionals that read charts all day long, study source code and technical specifications. But, this group of people is the one that really makes the price fluctuate, as per their behavior. Although, there are ”professionals” all over the web throwing predictions about the future of some coins that are influencing the outliers (of cryptocurrency business), it is still the personal opinion and feeling of ”amateurs” that decide the future of a coin.

Now, Rubycoin insipres confidence. It has a beautifully designed logo, a Windows and Mac wallet (as well as the source code), a really cool website and some good promo videos. I believe this is enough to get people’s attention and make them interested.

As soon as you get interested you need to find out more about it, how transparent is it, how active is the community and dev team and maybe some technical specs. Well, here it is:

  • The Rubycoin team is extremely active and invested in this project;
  • The community responded real well to this coin and really invested, with already a dozen pools, exchanges, faucets, articles, games etc developed;
  • The cap is exactly 60 000 000;
  • The premine is 1.2 milion (2% of the total amount possible) used for development and marketing purposes;
  • Difficulty retargets every block;
  • Block reward for the first 5 months is going to go down like this – 500, 250, 125, 75, 50.

Although there are some accusations towards the devs for the last few days, just take a minute and check it out:

http://rubycoin.org/

https://bitcointalk.org/index.php?topic=459622.1600