StakeCoin is an inexpensive and decentralized ledger to be used by businesses for raising funds, tracking share ownership and distributing dividends in an automated fashion. Each business using StakeCoins has its own blockchain that is independent of all others and secured cheaply and easily using StakeCoin’s proof-of-stake.
StakeCoin is digital money used for secure and instant transfer of value anywhere in the world, with no borders or limits. There is no government, company, or bank in charge. Utilizing blockchain technology, Rubycoin are issued and managed without any central authority.
Every user with a StakeCoin wallet plays an important role in processing transactions on the decentralized, peer-to-peer network. Interest is earned by each participant and users stay in full control of their money.
StakeCoin is a decentralized, open source math-based digital asset (cryptocurrency). It performs transactions peer-to-peer cryptographically without the need for a central issuing authority. StakeCoin is block chain protocol that delivered a working algorithm that equally rewards and cryptographically proves solving Berkely Open Infrastructure for Network Computing hosted work, which can be virtually any kind of distributed computing process.
A blockchain is essentially just a record, or ledger — one that’s distributed, or shared between many different parties. The StakeCoin blockchain contains a verifiable record of every transaction ever made. It can only be updated through consensus of a majority of the participants in the system. Once entered, information can never be erased. It creates a true record of events, past and present.
Every user that has StakeCoin is eligible for occasional stake rewards from the network, as compensation for their participation. StakeCoin is a truly democratic form of money. It represents an alternative way of thinking about saving, economic freedom, and privacy in financial transactions. Anyone can save and exchange value in a completely transparent way — without having to trust each other or any central authority.