cryptocurrency Technologies

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Cryptocurrency Technologies 1. Bitcoin 2. Ripple 3. NXT Technology 4. Ethereum 5. Rilcoin

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BY RILCOIN C R Y P T O C U R R E N C Y T E C H N O L O G I E S

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C R Y P T O C U R R E N C Y T E C H N O L O G I E S Bitcoin Ripple NXT Ethereum Rilcoin

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B I T C O I N SPECIFICATIONS SHA-256d enabled. Block time of Bitcoin is 600 seconds and reward coins per block: 50. The total number of coins limited is 21000000. 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. 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. WHAT IS BITCOIN

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R I P P L E 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 XRP Total number of coins limited are 100000000000 It follows path finding algorithm. Consensus confirms transactions in an atomic fashion. SPECIFICATIONS

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2 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. T h e t o t a l n u m b e r o f c o i n s l i m i t e d a r e 1 0 0 0 0 0 0 0 0 0 . P r e f e r s P r o o f o f P r o o f - o f - S t a k e P o S F u l l y r e l i a b l e a n d p r o t e c t e d s e r v i c e s . N x t e n a b l e s a l i a s s y s t e m v o t i n g s y s t e m a s w e l l a s m o n e t a r y s y s t e m . 92 N X T T E C H N O L O G Y

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Ethereum Specifications 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. 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. E T H E R E U M

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RILCOIN COMING SOON...

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

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