Ruff Chain Biweekly Update | January 28 -February 11, 2018
Current project status
At present, Ruff Chain has landed Huobi, COINEGG, Gate.io, CEX.com, OTCBTC and Shuzibi, the 6 largest Exchanges.
Contains RUFF/BTC, RUFF/ETH, RUFF/USD trading pairs.
Turnover totaled 28414.64 ETH.
About the coin price
At 00:00 on January 28, RUFF went online at Gate.io and the price soared immediately to 0.0003813 ETH, about six times higher than the initial offering price (0.0000625 ETH). At 13:00 on February 6, when the ETH over-the-counter price dropped to 3602 RMB, the RUFF price was 0.0001201 ETH, or about 1.92 times of the initial offering price. Thereafter, RUFF/USD prices tend to be stable.
Media coverage
“Ruff Chain: Blockchain will have influence on Internet of Things”
Source: Website; Cointime, 2018/01/28
Summary: Ruff Chain is a structure that combines IoT and blockchain; it contains a distributed operating system and open mainframe, using information flow to create influence. Ruff Chain extends peer-to-peer networking and consensus mechanisms from the virtual world to the offline world, helping blockchain technology to be better realized in the IoT world. Integrated products and mature technology support Ruff Chain at the back end, leaving no doubt as to its capability to offer solutions on credible and non-gratuitous interoperability across different IoT systems. In the future, the IoT world will be truly decentralized; all the real real-rights transactions will be achieved by Ruff Chain.
“4.3 million to build a position with Ruff, dare to follow?”
Source: Official WeChat account — Laoqin tells you all about the coins; 2018/01/28
Summary: Firstly, Ruff has been continuously increasing in popularity from the moment it first arose to its official release. After all, in the overall digital money market last year, the Internet of Things (IoT) has been the strongest player. Secondly, Ruff is a technology that closely combines the blockchain with the Internet of Things, and therefore has easily attracted attention from these two industries. Indeed, many people firmly believe that the Internet of Things may be the best application for blockchain technology. Lastly, Ruff team members are all from Nokia, Alipay, Intel and other well-known technology companies. The reason that Lao Qin is so well acquainted with the strength of the Ruff team is that his friend is a core member of the Ruff team.
“JUST THE FACTS from the Onions: What happens to OIOST and RUFF?”
Source: Official WeChat account: JUST THE FACTS from the Onions, 2018/01/30
Summary: For the year 2018, we must closely observe both the various public blockchains and the basic blockchains. Find all blockchains that have been launched in the secondary market, and acquire the ones we can understand and of which we can take control. In 2018, if the market encounters a major whipsaw, only the basic and the public blockchains will remain dominant.
RUFF’s decline also greatly exceeded my expectations, but I would like to express my opinion: RUFF project itself has no problem; the cost of private equity is about 0.6 to 1RMB; even though it dropped to less than 1RMB, I still recommend to hold on to it. The above is only for your reference.
“Project Evaluation 丨 Ruff Chain Project Rating”
Source: Official WeChat account: Ostrich blockchain
Summary: Overall rating — 81
According to incomplete statistics, other media includes Cupid Finance, Alcoin, Chain World, Bitcointalk, Dr. Q, Coin Leek, Currency Finance, Sweeping Technology, Daily Headlines, etc…
Learn more:
“Application of blockchain in the IoT ”
Source: Official WeChat account — RuffChain
The Internet of Things may be the best application for blockchain technology.
The revolution brought by the Internet of Things refers to the change to the applications for PV power stations, upgrading a functional product similar to power generation equipment to an asset-backed securitization product.
Why do we choose Ruff Chain technology to achieve the goal?
How to come to a consensus on an algorithm?
It is based on the Internet of Things platform; what do you think?
“What is the relationship between Ruff.io and Ruffchain.com? What is the relationship between Ruff and INT?”
Source: Official WeChat account — Virtual machine
Ruff.io and Ruff Chain are two products sharing the same name, and both are created by Roy Li. Ruff.io is about Ruff OS. The first version of this product was developed in 2014 and has undergone various updates. After more than 3 years of effort, it now is being used in enterprise applications.
Roy is an adviser and investor of INT, but does not participate in the development of INT public blockchain. INT is more about practical applications for the Internet of Things and its plan is to conduct data transaction and value settlement in the field of the Internet of Things. Ruff Chain is a project that is designed and led by Roy and his team; it is a basic technical blockchain; it is an infrastructure that technically empowers other IoT applications.
“Video Interview|RUFF CEO Roy Li: Be the person who designs the layout for Blockchain + IoT Industry and discover the valuable network in IoT” — Explaining “Blockchain” in plain language
Source: official WeChat account — Explanation “Blockchain” in plain language
Video summary
• Current development and obstacles of the Internet of Things?
• What are Ruff’s solutions for overcoming these obstacles?
• What are Ruff Chain’s application scenarios?
• What are Ruff’s roles in the Internet of Things and the blockchain?
• What makes Ruff unique compared to the other IoT projects?
• What inspired you to create Ruff?
• What is the Ruff team like?
• What is the plan for 2018?
- Who are Ruff’s existing partners?
Website: http://ruffchain.com/
Twitter: https://twitter.com/Ruff_Chain
Facebook: https://www.facebook.com/RuffChainProject/
Telegram：https://t.me/ruffchain
Medium https://medium.com/@ruffchain
Reddit https://www.reddit.com/r/ruffchain/
Quora https://ruffchain.quora.com/
Steemit https://steemit.com/@ruffchain
