{"id":32513,"date":"2017-07-12T10:46:01","date_gmt":"2017-07-12T14:46:01","guid":{"rendered":"http:\/\/www.opensource.im\/uncategorized\/recoin-is-a-new-ethereum-based-cryptocurrency.php"},"modified":"2017-07-12T10:46:01","modified_gmt":"2017-07-12T14:46:01","slug":"recoin-is-a-new-ethereum-based-cryptocurrency","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/recoin-is-a-new-ethereum-based-cryptocurrency.php","title":{"rendered":"REcoin  is a new Ethereum-based cryptocurrency"},"content":{"rendered":"<p><p>    Ethereum cryptocurrency code is used, which means the following    options:  <\/p>\n<p>    The technology of blockchain proved itself as perhaps the    safest way of keeping records of transactions performed within    a certain society, each member of which owns a copy of the    database distributed among members of the given society.  <\/p>\n<p>    Blockchain - a chain built from the formed blocks with records    of all transactions. A copy of the Blockchain chain or its part    is simultaneously stored on multiple computers and synchronized    according to the formal rules for constructing the chain of    blocks. The information in the blocks is not encrypted and is    available in clear form, but is protected from cryptographic    changes through hash chains. Thus, the Blockchain database is    distributed (decentralized) and cryptographically protected    (<a href=\"https:\/\/en.m.wikipedia.org\/wiki\/Blockchain\" rel=\"nofollow\">https:\/\/en.m.wikipedia.org\/wiki\/Blockchain<\/a>).  <\/p>\n<p>    The possibility of mining, which gives the use of the    methodology of protection against false data and fraud PoW, is    by far the most widespread and reliable crypto currency in the    environment.  <\/p>\n<p>    A proof of work is a piece of data which is difficult (costly,    time-consuming) to produce but easy for others to verify and    which satisfies certain requirements. Producing a proof of work    can be a random process with low probability so that a lot of    trial and error is required on average before a valid proof of    work is generated (<a href=\"https:\/\/en.bitcoin.it\/wiki\/Proof_of_work\" rel=\"nofollow\">https:\/\/en.bitcoin.it\/wiki\/Proof_of_work<\/a>).  <\/p>\n<p>    The minimum unit is 10^-4,  0,0001 RCN.  <\/p>\n<p>    The conclusion of the block will occur every 20.5s (Similar to    the Ethereum software environment, <a href=\"https:\/\/bitinfocharts.com\/ru\/ethereum\/\" rel=\"nofollow\">https:\/\/bitinfocharts.com\/ru\/ethereum\/<\/a> ). The    block volume limit is 12 KBytes.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the original post here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/101recoin.com\/\" title=\"REcoin  is a new Ethereum-based cryptocurrency\">REcoin  is a new Ethereum-based cryptocurrency<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Ethereum cryptocurrency code is used, which means the following options: The technology of blockchain proved itself as perhaps the safest way of keeping records of transactions performed within a certain society, each member of which owns a copy of the database distributed among members of the given society. Blockchain - a chain built from the formed blocks with records of all transactions. A copy of the Blockchain chain or its part is simultaneously stored on multiple computers and synchronized according to the formal rules for constructing the chain of blocks<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-32513","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/32513"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=32513"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/32513\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=32513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=32513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=32513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}