RSCOIN RSC Story:
Rscoin is an innovative payment system and a new kind of cryptocurrency that is founded by B4U Global year 2020. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of RsCoin is carried out collectively by the network.
You can get started with Rscoin without understanding the technical details. Once you have installed a B4U Wallet on your computer or mobile phone (Android, IOs); it will generate your address and you can create more whenever you need. You can disclose your addresses to your friends so that they can pay you or vice versa.
RsCoin is cryptocurrency like Bitcoin, Bitcoin cash, Ethereum, Dash, Bitcoin cash and so many others but very different from other cryptocurrencies as Rscoin allow Private, Instant, Secure and Verified Transactions. Existing currencies like Bitcoin user Proof of work algorithm which is very energy intensive, the tool estimates that Bitcoin is using around seven gigawatts of electricity, equal to 0.21% of the world's supply. More Bitcoin or other cryptocurrencies required Higher Transaction fees, transactions are not secured can be traced easily, transactions take time but Rscoin guaranty privacy all transactions, as Rscoin is using ZeroCoin protocol that provide full privacy to the users. The RsCoin highly customized implementation of the Zerocoin protocol converts publicly view-able RSC into anonymous RSC (dubbed by the Rscoin team as Zerocoin RSC or zRSC for short).
With SwiftX protocol transactions are confirmed and spendRscoinable within seconds with RsCoin. SwiftX transactions are guaranteed by the network of masternodes, with no need to wait for multiple confirmations in order to be confident in the validity of the transaction.
The PoS 3.0 algorithm is version 3 of the Proof of Stake (PoS) algorithm which is implemented in RsCoin, which provides Cold staking that allows a person to delegate his staking power to another wallet. This helps in keeping coins safe and secure in an offline wallet, while an empty wallet stays online 24/7 and earns rewards for his offline wallet. Keeping a wallet running all the time is not ideal for many people, whether it because of a choppy internet connection. Rscoin is making Staking Secure by adding Cold staking so every user can stake their coin to earn coin, Find out more by visiting https://rscoins.io