Rupee team is still working hard to deliver everything on time. A couple of months they switched from POW (lyraRev2) to POS with Master nodes (based upon Dash coin code, but with modification to make it POS instead of POW), it has optional privacy and InstantSend features. This switch was needed to make the network more stable and get rid of the asic miners.
Mobile wallets will be released this month, check the release vid: https://www.youtube.com/watch?v=9GCEtaqmOro
coin review can be found on --> https://youtu.be/LTbukqSEuD4
Topic: Rupee Blockchain Leading the South Asian Blockchain Revolution! (Read 80 times)
Rupee blockchain leading on the South Asian market is because of the unique challenges. The Rupee team wants to keep transactions fee as low as possible, while safeguarding the network to provide cheaper transactions. They also want to keep Rupee truly decentralised and ensure that the Rupee code will always cater to the needs of the common people of South Asia.
The 18 percent GST on all crypto transactions has essentially short-circuited the Cryptocurrency scene in India.
The exchanges can set the lowest maker fees, say Rs.2/- for a Rs.1000/- transaction (at 0.2 percent maker fee taken by the exchange). But, the person making that transaction will have to pay Rs.180/- GST!
REMEMBER the GST is on the transaction amount, not on the exchange fee. So, it is 18% of Rs.1000/-, not 18% of Rs.2/-.
This is going to drive all Cryptocurrency underground in India!
As for the prospects of this 'Rupee blockchain' I can only wish you luck, whether at the GST office, or the Trademark Office.
Rupee blockchain leading on the South Asian market is because of the unique challenges. The Rupee team wants to keep transactions fee as low as possible, while safeguarding the network to provide cheaper transactions. They also want to keep Rupee truly decentralised and ensure that the Rupee code will always cater to the needs of the common people of South Asia.
January 16, 2018, 04:15:22 AM
One more indian name Rupee in blockchain field when i first saw rupee i thought RBI owned cryptocurrency
January 15, 2018, 09:04:22 AM
team of rupee coin look newbie and they used rupee it is india official currency may be they get objections from indian govt
January 15, 2018, 09:00:41 AM
Rupee Blockchain Leading the South Asian Blockchain Revolution!
https://yourstory.com/2018/01/new-player-cryptocurrency-rupee/
https://rupeeblockchain.org/
https://yourstory.com/2018/01/new-player-cryptocurrency-rupee/
https://rupeeblockchain.org/
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