Rover Coin (ROE), is an open-source, peer-to-peer, digital currency, designed and engineered for maximizing decentralization, opportunities for earnings, diversified network and hybrid systems. Rover Coin is a PoS/Masternode based cryptocurrency that provides a secure purchase experience in gaming industry. It’s a hybrid coin that provides reward for Proof of staking, Masternodes and for Proof of Work as well. Proof of work helped to give birth to Nakamoto’s major breakthrough, however the nature of proof of work means that the cryptocurrency is dependent on energy consumption, thus introducing significant cost overhead in the operation of such networks, which is borne by the users via a combination of inflation and transaction fees. As the mint rate slows in Bitcoin network, eventually it could put pressure on raising transaction fees to sustain a preferred level of security. One naturally asks whether we must maintain energy consumption in order to have a decentralized cryptocurrency? Thus it is an important milestone both theoretically and technologically, to demonstrate that the security of peer-to-peer cryptocurrencies does not have to depend on energy consumption. All coins and confirmations are verified through Proof of work or Mining. They you layer on the proof of stake chain. Where blocks are generated from the coins you store in your wallet. Simply by storing them for 4 hours then keeping your wallet open and unlocked you receive a fixed rewards of these coins in the block as a reward while the coins used are staked and unavailable until the block matures. These 2 chains work so well together they can confirm transactions across the two and speed up the network as a whole. This also adds another layer of security. One cannot attack just the Proof of work chain you need to attack or control both chains simultaneously. Which means You are still required to have 51% of the network hashrate as well as a minimum of 20% stake power requires one to invest in a substantial amount of the currency they are trying to devalue. The RoverCoin PoS method of work based on BlackCoin 2.0 PoS protocol with fixed PoS rewards per block. With the PoS 2.0 protocol possible attack vectors are reduced to a minimum and the incentive to support the network by having a full node running continuously is clearly increased. This will allow RoverCoin and PoS to continue to scale for mass adoption while plugging and mitigating potential risks. A Cryptocurrency is a digital asset which is designed to work as a medium of exchange that utilizes cryptography to secure its transactions, in order to control the creation of additional units, and to verify the transfer of assets. Crypto currency uses a decentralized structure as opposed to conventional money transfers and banking systems in which centralized control is owned by a single party. The control of each cryptocurrency works through a blockchain, which is a public transaction database. The blockchain functions as a distributed ledger, making counterfeit cryptocurrency impossible. Bitcoin, which was first created in 2009, was the first decentralized cryptocurrency. Since then, numerous other cryptocurrencies have been created. These are frequently called “altcoins”, a portmanteau of “alternative” and “coin”. The altcoin market is particularly exciting because there is still so much room for innovation and undiscovered uses for cryptocurrency. Rover Coin is an altcoin introduced to give unique instant payment Solution for Payments related to Gaming Sector. Rover Coin will also help you the Gamers to be Anonymous.
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