Binance and Cloud minning

This logo is the cause of the MARK MUSK war

This is the official RUBI CHANEL - Thanks for following us.

Some miners asked us about when to release wallets, when to KYC and what to expect in the near future

Here is the summary answer:

"The wallet functionality will be released soon (user wallet creation: no KYC required).

After the wallet is released, there will be the following updates:

• The system will automatically return mana-F, event rewards, from a functional wallet (similar to a simple contract) - to prepare for payment.

• Enhancements will be made and the transaction explorer function (referred to as blockchain explorer) will be introduced.

• A simple feature will be launched, allowing users to use the wallet to test campaign functions - this will generate mana-A.

• The testing of the personal journal function will continue (a simple feature that enables users to share articles from trusted sources on social media).

• The second round of KYC verification will be implemented, with a fee mechanism and fee sharing for participants who register for and undergo KYC verification."

Dont say, just know!

something is going on - the system is under abnormal load, the technicians are checking the cause.  Operations that need data control are implemented, protected with copies. 

We will notify you after the conclusion. 

Happy weekend miners.  Consider this a rare day off for miners.

OTP has been resumed!

Title: The Distinction Between Coin and Token in the World of Cryptocurrencies

Introduction:
The world of cryptocurrencies is rapidly evolving and attracting public attention. In the underlying infrastructure of the blockchain system, two essential and often mentioned concepts are "Coin" and "Token." While they may appear similar, in reality, they have significant differences. In this essay, we will differentiate Coin and Token based on critical factors such as supply, consensus, distribution, decentralization, underlying technology, and application.

I. Supply:
Coin:
- Coins are usually mined, requiring substantial resources and time-consuming processes.
- The supply of Coins is relatively limited due to the resource-intensive nature and difficulty of mining.

Token:
- Tokens can be easily created and issued by the issuer.
- The supply of Tokens can reach astronomical numbers within a short period, thanks to the ease of issuance by the issuer.

II. Consensus:
Coin:
- Coins are typically consensus-driven, issued by miners or participants in the mining process.
- Consensus is used to determine the fairness and transparency of Coin issuance.

Token:
- Tokens are usually consensus-driven but issued by the issuer.
- This allows the issuer to retain control and set rules for Token distribution.

III. Distribution:
Coin:
- The distribution of Coins is often based on the contributions of miners or participants in the mining process.
- Entities contributing computing power receive rewards in the form of Coins.

Token:
- Token distribution is decided by the issuer.
- The issuer may hold a significant portion of Tokens and have the freedom to determine their distribution.

IV. Decentralization:
Coin:
- Coins tend to be highly decentralized due to the mining process being dominated by a few powerful mining pools.

Token:
- Tokens may have lower levels of centralization due to easier management and distribution by the issuer.

V. Underlying Technology:
Coin:
- Coins usually have their own independent blockchain and technology designed for specific purposes, e.g., Bitcoin with Proof-of-Work.

Token:
- Tokens can be built on existing blockchain networks like Ethereum, Binance Smart Chain, etc., utilizing smart contracts for customization.

VI. Application:
Coin:
- Coins can be used in specific applications or serve as speculative assets.
- For example, Bitcoin is used as a store of value and a medium of exchange.

Token:
- Tokens can be created for specific purposes and may not require real-world applications.
- Some Tokens may be created solely for fraudulent purposes ("rug pull") or pump-and-dump schemes.

Conclusion:
In conclusion, distinguishing Coin and Token is based on critical factors such as supply, consensus, distribution, decentralization, underlying technology, and application. Understanding these differences enables us to comprehend the diversity and unique characteristics of both within the cryptocurrency and blockchain infrastructure. A clear understanding of these distinctions will help us consider and apply them effectively and sustainably in the ever-evolving cryptocurrency market.

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