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 is a global and decentralized cryptocurrency: it has no universal authority or government controlling it, and no boundaries compared to traditional state currencies. ReeCoin is simple in use and open-source, that is anyone can start using it by downloading its software for free.
Blockchain, the database of all ReeCoin transactions, is capable of handling higher number of transactions than the Bitcoin’s network due to its more simple technology setting.
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