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Cryptocurrency Technologies | Rilcoin.io

Cryptocurrency Technologies <br>1. Bitcoin <br>2. Ripple <br>3. NXT Technology <br>4. Ethereum <br>5. Rilcoin. To know more checkout http://rilcoinblog.com/ & http://www.rilcoinnews.com/

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Cryptocurrency Technologies | Rilcoin.io

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  1. CRYPTOCURRENCY TECHNOLOGIES BY RILCOIN

  2. Bitcoin CRYPTOCURRENCY TECHNOLOGIES Ripple NXT Ethereum Rilcoin

  3. BITCOIN WHAT IS BITCOIN Bitcoin is the first ever cryptocurrency invented in 2009 that followed blockchain and cryptography technique. All the other coins followed the base set by Bitcoin. Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Now it has become more worthy than an ounce of gold. SPECIFICATIONS Using Proof of Work, Halfing reward cycle, blocks: 210240; Difficulty cycle, blocks: 2016; Txs Confirm: 6; Coin maturity confirm, blocks: 120. Provides full security and control over money as well as lower fees. SHA-256d enabled. Block time of Bitcoin is 600 seconds and reward, coins per block: 50. The total number of coins limited is 21000000.

  4. RIPPLE (XRP) Ripple is a fundamental infrastructure that improves the payment process. It was launched in 2011. It is a neutral Internet- based protocol for communicating banks and payment systems. Banks can use it as a general ledger to clear and settle transactions in real-time at the lowest-possible cost. RIPPLE SPECIFICATIONS Total number of coins limited are 100000000000 It follows path finding algorithm. Consensus confirms transactions in an atomic fashion.

  5. NXT was launched in 2013. It is a radically enhanced cryptocurrency built from scratch, to deliver an exclusive and decentralized financial platform. It revealed new ways to use digital cash as well as share transfers. it also points out some drawbacks of other cryptocurrencies and offers improvements through its features. NXT 2% TECHNOLOGY The total number of coins limited are 1000000000. Prefers Proof of Proof-of-Stake (PoS) Fully reliable and protected services. Nxt enables alias system, voting system as well as monetary system. 92%

  6. Ethereum It is a decentralized software platform that allows Smart Contracts and Distributed Applications (ĐApps) to be created and work without any fail, hoax, limitation or interruption coming from a third party. The mining process of Ethereum completely depends up on Geth. ETHEREUM Specifications Using Ethereum, complex applications involving digital assets, are directly controlled by a piece of code implementing arbitrary rules ("smart contracts"). It enables blockchain-based "decentralized autonomous organizations" (DAOs). Uses GHOST blocktrees instead of a traditional blockchain for PoW data propagation.

  7. RILCOIN COMING SOON...

  8. THANK YOU! Contact us: www.rilcoin.io www.facebook.com/rilcoin www.twitter.com/rilcoin www.medium.com/@rilcoin

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