$ 0.0284 USD
$ 0.0284 USD
$ 8.012 million USD
$ 8.012m USD
$ 1,985.40 USD
$ 1,985.40 USD
$ 6,917.04 USD
$ 6,917.04 USD
0.00 0.00 RBC
Issue Time
2021-12-26
Platform pertained to
--
Current coin price
$0.0284USD
Market Cap
$8.012mUSD
Volume of Transaction
24h
$1,985.40USD
Circulating supply
0.00RBC
Volume of Transaction
7d
$6,917.04USD
Change
24h
0.00%
Number of Markets
6
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
-77.06%
1Y
-99.02%
All
-97.33%
Aspect | Information |
---|---|
Short name | RBC |
Full name | Ruby Currency |
Founded year | 2020 |
Main founders | N/A |
Support exchanges | VinDAX |
Storage wallet | RBC wallet |
Customer Support | Contact form, email: support@rbcy.io, Facebook, YouTube, Twitter, Telegram and Instagram |
Ruby Currency (RBC) is a type of cryptocurrency that utilizes blockchain technology for its operations. It uses a decentralized system to ensure a secure and transparent transaction process. The main objective of Ruby Currency is to give an alternative medium of exchange that is not tied to a particular country's economy or subject to traditional banking systems.
RBC operates in a peer-to-peer network architecture where there is no centralised server, but instead, each user becomes a mini server. The technology also implements cryptographic principles to maintain the integrity and security of transactions.
Like other cryptocurrencies, RBC allows for transactions to be publicly recorded, however, it ensures anonymity of the transacting parties. Users can buy, sell or trade Ruby Currency on various cryptocurrency exchanges. The value of RBC, like other cryptocurrencies, is largely driven by supply and demand in the market. It's also important to note that investing in RBC, like any other cryptocurrency, carries financial risk due to this market volatility.
To mine RBC, miners must solve complex mathematical problems, and in return, they receive a set amount of RBC tokens. This process, known as proof-of-work, helps to maintain the security and validity of Ruby Currency transactions.
Pros | Cons |
---|---|
Decentralization | Market volatility |
Transaction transparency | Financial risk due to unpredictability |
Anonymity of transactions | Risk of digital theft |
Independent from any country's economy | Regulatory and adoption issues |
Potential for high returns |
Over the coming decades, RBC's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.1702 and $7.93.In 2040, our forecast suggests RBC could reach a peak price of $7.62,with a potential minimum around $0.008511.Looking ahead to 2050, technical analysis indicates that RBC's price could range from $0.002243 to $20.81,with an estimated average trading price of about $15.26.
Ruby Currency (RBC) introduces few unique aspects setting it apart from other cryptocurrencies. The key innovative feature of Ruby Currency is its emphasis on anonymity while maintaining the transparency, which is paramount in every blockchain transaction. It ensures that while all transactions are publicly recorded to prevent double-spending or fraud, the transacting parties' identity remains confidential, offering users an additional layer of privacy.
Compared to some other cryptocurrencies, where either transparency or anonymity is emphasized, RBC tries to balance both. This delicate balance of maintaining transaction transparency while ensuring user anonymity makes RBC distinct.
Furthermore, it operates in a Peer-to-Peer (P2P) network, wherein each user acts as a mini server. This decentralizes the control, reducing the reliance on a central authority, and promotes democratization of control, which is common for cryptocurrencies, but the extent to which this is implemented may differ among them.
However, like all cryptocurrencies, the value of RBC is determined by market supply and demand dynamics, it is volatile, and its adoption as a standard medium of exchange is still quite limited. To fully understand and appreciate the utility and potential risks of Ruby Currency, users should consider these factors in addition to its unique features. Please note that while the said innovation gives RBC certain uniqueness, it doesn't imply any superior or inferior status in comparison with other cryptocurrencies. Each cryptocurrency is designed with specific use cases and user requirements in mind.
Ruby Currency (RBC) operates on the underlying technology of blockchain, a type of distributed ledger, which records all transactions across a network of computers. This network is peer-to-peer (P2P), meaning there's no central server. Each user, or 'node', participates in the validation and recording of transactions.
This decentralized system allows for transactions to be completed without the need for a centralized authority or intermediary, such as a bank, to verify the transaction. Instead, the verification process is performed collectively by the nodes or 'mini servers' within the network.
A key principle of RBC, like other cryptocurrencies, is cryptographic security which is used to prevent fraudulent activities and double-spending. Cryptographic hashes are unique codes attributed to each block or transaction. These ensure the data within each block cannot be altered once added to the blockchain; thereby protecting the integrity and security of the blockchain.
VinDAX can buy RBC. It is a cryptocurrency exchange platform that provides a variety of trading services for various digital assets. It offers a wide range of trading pairs and aims to provide a user-friendly and secure trading experience. VinDAX supports spot trading, futures trading, margin trading, and staking.
The RBC Wallet is a digital wallet designed for holding, sending, and receiving the RBC token and possibly other supported cryptocurrencies.
Storage: The wallet allows you to securely store your RBC tokens and other supported cryptocurrencies. It provides a secure environment to protect your private keys, which are necessary for accessing and managing your funds.
Sending and Receiving: The RBC Wallet enables you to send RBC tokens to other wallet addresses. Similarly, you can receive RBC tokens by sharing your wallet address with others.
Security: A reliable wallet should offer robust security measures, such as encryption and two-factor authentication, to protect your funds from unauthorized access and potential breaches.
User-Friendly Interface: Wallets usually provide a user-friendly interface that allows you to easily navigate and manage your cryptocurrency holdings.
Buying Ruby Currency (RBC) or any other cryptocurrency could be suitable for a variety of individuals, depending on their financial goals. Here is a breakdown of who might consider investing:
Tech Enthusiasts: Individuals interested in technology or blockchain could be drawn to cryptocurrencies like RBC due to their underlying tech and decentralized nature.
Investors: Investors who are comfortable with high-risk, potentially high-reward investments may consider adding RBC to their portfolio. It's crucial, however, to only invest money that one can afford to lose, given the known volatility in crypto markets.
Users needing Anonymity: Those who prioritize privacy and anonymity in their transactions might be drawn to RBC considering its privacy features in addition to its public, transparent ledger.
Diversifiers: People who wish to diversify their investment portfolio outside traditional instruments might consider RBC along with other cryptocurrencies. Cryptos can help in portfolio diversification when used in balanced and calculated proportion.
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