RussellCoin

1. Summary

Ranks

Liquidity

-

Developer

-

Social

15

Momentum (beta)

0

Stack Rank™

-

Price

$0.04 0.0%

Market Cap

$0.00 (#8553)

Supply

/

Tags

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Price
52W High price	$0.14
52W High date	5th Jan 2022 (2 years ago)
All Time High (ATH) Date	24th Jul 2024 (4 months ago)
All Time Low (ATL) Date	24th Jul 2024 (4 months ago)

Supply & Trading Volume

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Description

Russellcoin

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Russellcoin

Russellcoin (RC) is a cryptocurrency created on November 21, 2017, with a total supply of 21 million coins. The project adopts a hybrid mining mechanism that combines Proof-of-Work (PoW) and Master Node (MN) systems. This hybrid mechanism ensures network security and fast transactions. The PoW mining rewards 50% of coins in each block, while the Master Node rewards the remaining 50% of coins.

Key Features:

• Hybrid Mining: Combines PoW and MN to achieve both network security and quick transactions.
• Master Node System: Anyone holding more than 1000 coins can create a Master Node to participate in mining rewards.
• Tokenomics: 50% of block rewards go to PoW mining and 50% to Master Node rewards.
• Total Supply: 21 million coins, with only 6.4 million mined so far.
• Target Block Spacing: 120 seconds, with a block reward of 0.625 RC.

Community and Team:

• Founder: JD Russell, who has a background in engineering and development at major companies like Intel and Google.
• Community Management: Support team available on Telegram for inquiries and marketing.

Security:

• Independent Public Chain Technology: Ensures transaction security and anonymity.
• SHA-256 Cryptographic Hash Function: Used to validate transactions and maintain network security.

Potential:

• Limited Supply: Only 6.4 million out of 21 million coins have been mined, indicating potential for appreciation.
• Node Participation: Low barriers to entry for node establishment encourage more nodes to participate and enhance security.

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