ReeCoin is a peer-to-peer decentralized digital currency for ordinary people, easy to use and acquire. ReeCoin summarizes the best characteristics of digital currencies, which were issued earlier (Bitcoin,Peercoin), such as: increased security, fast consensus mechanism, and increased decentralization achieved by requiring miners to prove the knowledge of the transaction data.
ReeCoin exchanges and ATMs provide a considerable range of services and serve multiple purposes:
as depositaries to store ReeCoin’s as a wallet service to enable users to convert their fiat currency into ReeCoin’s as an advanced trading exchange, in which users can trade between multiple digital currencies and fiat currencies.
Block generation time 90sec
7 Billion total amount of ReeCoin’s
6.650 million pre-mined
350 Million PoW/PoS
Almost instant transactions
Fast consensus mechanism
Low future inflation rate 1% (interest value)
Efficient data retention
High transaction confirmation frequency
Hybrid POW/POS simultaneously phases.
Stake’s minimum age is 12 hours.
Maturity of blocks takes 350 blocks
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