RSCOIN is an innovative digital payment system and a new kind of cryptocurrency that works globally just like Bitcoin and other cryptocurrencies. RSCOIN uses the principles of cryptography and peer-to-peer technology to operate with no central authorities or banks. So the digital currency is totally decentralized. Issuing of RSCOIN is carried out collectively by the blockchain network. Different from other cryptocurrencies the RSCOIN allows Private, Instant, Secure and privacy protected Transactions. RSCOIN is using ZeroCoin protocol that provides full privacy to the users. RSCOIN is a permissioned blockchain offering the advantages of other digital currencies � faster and cheap transactions are recorded in a shared distributed ledger without harming the Bitcoin (BTC) network where you or anyone can be an anonymous node on the network.
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