10,000,000 RBL Onchain

❛❛ The total circulating supply of RBL in the Rubi Network has just reached 10 million units ❛❛

I believe that many miners currently mining RUBI are surprised by this comment! If you're accustomed to tokens that are typically released all at once in hundreds of billions of units within minutes, then hearing that RUBI's supply has only reached 10 million units in over two years might leave you feeling a bit puzzled and skeptical.

You may wonder how long it's been since you last heard of a digital asset circulating with a supply measured only in tens of millions of units. You might be curious and ask how much Bitcoin is currently circulating? The answer is that the current supply of Bitcoin on the Bitcoin Network is approximately ~19.8 million units.

One of the main factors determining Bitcoin's market price is the incredible scarcity of this asset. So, with around 10 million units of RBL now in existence, does it suggest any potential expectations for you?

Once again, you're reminded of the significance of scarcity, and if you hold 1,000 RBL, I want to congratulate you on your significant position. Pay attention to this position, as Rubi Block (RBL) is a decentralized asset based on a private blockchain..

Rubi Network Reaches 10 Million RBL Onchain

After more than 2 years of mining action, today, August 19, 2024, marks a significant milestone in the development of the Rubi Network, as it records 10 million units of RBL moved onchain by miners for the first time. This is the total available circulating supply of this asset.

The first 10 million units of RBL are the result of the labor of hundreds of thousands of miners over 842 days since April 30, 2022, when the application first allowed mining. All the Rubi Blocks were discovered by the diligent miners who are proud members of the network. This asset is entirely decentralized; it wasn't printed by the developers, and 100% of the RBL was mined by miners and pushed onto the network by the miners' free will.

As of 8:56 AM on August 19, the total number of miners in the network has reached 996,301, a number that many other blockchain network would envy. The seed miners in the Rubimily miner family come from 190 countries around the globe. Here, they experience progress together in a completely equal and free environment.

Once again, let's look at the values that the entire Rubimily mining community is proud of, and let's review the important numbers and milestones of the network as of today, August 19.

The Network Metrics

• RBL Supply: ~ 10,000,000
• Distribution Ratio: 100% distributed to miners
• Number of Miners: 996,301 miners (190 countries)
• Number of Active Wallets: 429,912 wallet

Millions of people from all over, together in an equal environment and transparent blockchain technology, this is a truly meaningful foundation that allows all miners to continue to see optimism ahead.

Important Milestones

• 842 days - since the first day of mining (April 30, 2022)
• 404 days - since the first day of wallet release: (July 12, 2023)
• 59 days - since the introduction of #Pandora Testnet: (June 21, 2024)

Looking at this timeline, we see that Rubi Network is still in the early development stages of a network. If Bitcoin is currently considered a nearly mature network after 16 years, then with about 2 years, Rubi Network is like a young child just starting its long journey ahead.

The Incredible Scarcity of Rubi Block!

~ 10 million RBL recorded at 10:30 AM on August 19

With the figure of around 10 million units of RBL recorded yesterday, Rubi Block demonstrates the incredible scarcity of this asset after more than 2 years of being sought and mined by hundreds of thousands of miners.

All these figures are officially published and can always be observed on the #Pandora block explorer or in the Rubi app. The blockchain ensures that there is no fraud, and no units of the asset are illegally created.

One of the points that make the Bitcoin Network valuable is the trustworthiness over time of this network over the past 16 years. Bitcoin has always ensured transparency in data and absolute ownership for its holders.

Rubimily miners, let's share a similar perspective on transparency, let's follow Rubi Network on #Pandora and observe the network's data. Ultimately, with enough passed time, we believe you'll witness results that you will satisfy with Rubi.

How much % do the developers hold?

The percentage of supply held by developers, and how they obtained it, what they will do with what they own, are always among the questions that the digital asset market is particularly concerned with. Typically, developers will allow themselves the right to own a large portion of the network's assets, setting up a distribution rule that benefits them, ensuring they always receive a substantial share of the total supply. It could be 10%, 20%, or even 70% printed in advance for the developers and their partners.

But RUBI developers initially hold 0%. The developers of Rubi has put their interests with any other miner on the Rubi Network. They also mine like any other miner, adhering to the rules of miners. No units of the asset are specially printed as rewards for them. The RBL that developers have is based on their mining efforts or purchased from other miners. The #Pandora block explorer will once again be an effective tool to ensure this truth.

Once again, this equality perspective reminds us of the legend Nakamoto Satoshi, the father of the Bitcoin network, all the Bitcoin he earned came from his role as a miner like any other miner on the bitcoin network.

Asset with the Potential to Change Your Financial position!

We want you to ponder this slowly! This is a piece of advice with all kindness and no risk to you!

Bitcoin was born 16 years ago, and now BTC is recognized as a globally trusted and decentralized asset. Each BTC unit has reached up to $74,000. Everyone dreams of having a few BTC at this time. But the truth is, 14 years ago, bitcoin had a very low price, and anyone could trade a $20 meal for thousands of BTC. Those who did so and if hold onto that BTC for 14 years received returns multiplied tens of millions of times. With $20 for Bitcoin in 2010, you could buy up to 5,000 BTC, worth an estimated $300 million in 2024.

Today, when the whole world is overwhelmed by the price of bitcoin, you no longer have the opportunity to invest $20 in Bitcoin and expect it to increase by millions of times again. The opportunity with BTC has truly passed.

Usually, we find it very difficult to recognize when a great opportunity is in front of us, often only realize it when it's passed us!

What Matters is What You Learned When Opportunities Are Missed! Now is not the time to regret the past, but to find ways to recognize new opportunities correctly. Rubi is offering you most of the characteristics of Bitcoin in 2014. With all kindness, I hope you take the time to seriously recognize the opportunity before you

RUBI is safe, free, and a separate blockchain asset with great potential, so I truly want to meet you in the future, where we all gather to celebrate success.

Conclusion

In a world where scarcity, transparency, freedom, and supreme ownership are celebrated, Rubi Block (RBL) emerges as a digital asset full of potential, strongly reminiscent of the early days of the Bitcoin network. With more than two years of development, with the unity of nearly one million miners from all over the world, Rubi Network has proven that sustainable values and community trust can create a solid foundation for the future.

Rubi is not just a digital asset, but also a symbol of equality, decentralized ownership, and the tireless efforts of the mining community. RBL circulating supply is not only represents material value but also the result of hundreds of thousands of hours miner spent, patience, and their belief that will ensure a freer and more transparent financial future.

In a market where great opportunities that can change your financial destiny often come and go in the blink of an eye, before you even realize it. The Rubi team reminds you of the valuable lesson of persistence and the importance of recognizing the true value of what we have. Take hold and belief of what belongs to you, your opportunity.

Like any other potential digital asset, holding RBL requires understanding and patience from the holders. The scarcity of RBL mentioned in the article is not only a key factor in its potential value but also an opportunity for those with foresight and determination.

Let Rubi be the second chance for those who missed Bitcoin, and if the persistence and unity are strong enough, this will surely be a reliable foundation for the journey of exploring and changing the financial future of each miner.

The Rubi miners in the Rubimily family have been, are, and will continue to be the guides on this journey, where equality, transparency, and unlimited potential are placed at the forefront.

ANDY and TEAM!

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