Bitcoin Forum

Bitcoin Ruthenium

Make Bitcoin Ruth Again

DECENTRALIZATION

Bitcoin Ruthenium implements a new PoX algorithm, GigaEquihash, that makes mining possible from any IoT device or older desktop computer. Special computer hardware designed for BTC mining (ASICs) is obsolete for mining BTR, giving ordinary users a chance to mine with their own devices.

FAIR DISTRUBUTION

A hard fork of Bitcoin is the most fair and efficient method of creating and distributing a new digital asset. Coins that are created from a new genesis block always have ownership concentrated among a smaller group of people.


REPLAY PROTECTION

In order to ensure the safety of the Bitcoin ecosystem, Bitcoin Ruthenium has implemented full replay protection, an essential feature that protects users coins from being spent accidentally.


TRANSPARENCY

Bitcoin Ruthenium is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts that stretches across the globe.


Comparison

Supply : 314 Million
PoW algorithm : GigaEquihash
Mining Hardware : Android
Block Interval : 45 Seconds
Block size (actual) : 8M (16-32M)
Difficulty adjustment : Every block
Segwit : Yes
Replay protection : Yes
Unique address format : Yes
Premine: No
Satoshi's vision: Yes

FAQ

What is Bitcoin Ruthenium ?
Bitcoin Ruthenium is a fork of the Bitcoin blockchain that will occur in early December 2017. At the predetermined block height, Bitcoin Ruthenium miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency will be born.


What is the purpose of Bitcoin Ruthenium ?
The purpose of Bitcoin Platinum is to make Bitcoin mining available to everyone with old and/or limited access to high-end computers. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole. By changing Bitcoin’s proof-of-work algorithm from SHA256 to GigaEquihash, all of the specialized SHA256 mining equipment will be obsolete for mining the Bitcoin Ruthenium blockchain. Thus, Bitcoin Ruthenium will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision.


How can I get Bitcoin Ruthenium ?
The Bitcoin Platinum (BTR) initial coin distribution method is exactly the same as that used by Bitcoin Cash (BCH). All Bitcoin holders who possess BTC private keys in December (block still to be decided) will receive Bitcoin Ruthenium on the rate of 1 BTC = 31 BTR (If you have 10 BTC you will receive 310 BTP). You need to control BTR private keys in order to make Bitcoin Ruthenium transactions.



Exchangers

Wallets


Pools

Media

Website

Any external links ?

Also, it would be nice if you would find an exchange which could handle the conversion for us. Like Bitcoingold.

sound great
waiting for update

Yes

Please include them in main post.

https://goo.gl/4uQ991

looks great, Im waiting for update. looks good for android mining!

sound great dev... so may you share more information again..
i want to know more.. lets learn together..
so you have the website or telegram grub that discuss about ruthenium??

Anyone able to help with promoting this on reddit? can provide up to 100.000 BTR for the help

pool?

is there any confirmation of this information or is it some kind of joke

Has been confirmed on slack

Well, you've learned the announcements! It remains to learn how to make a website, a road map, whitepaper, crypto currency, start groups in media communities and so on. Good luck on your long journey.  ;)

Supply : 314 Million, Block Interval : 45 Seconds, 1 BTC = 31 BTR
well, 15 times the total supply of btc, how about the block reword and the btr price?

block reward 750 btr with btr initially at .4BTC

New algo?

yes

Nice idea, when can we expect to be able to mine this coin?

As from Monday

I'll give it a go ;)

Hi dev,this coin only mine on android device ?. How about gpu or cpu
Thanks

Will work on most IoT devices, including routes and webcams

The presentation is very simple that there are no links to any possibility of getting information, where is github? Location on the internet? Wallets? Nowadays people are very lazy.

Can I ask when would be the exchange?

Did the fork actually happen  ???

Yes - it is now a very stable coin

Where the exchange now?i have 100 rth but doesnt know how to claim?

Does this project have anything to do with this?


https://www.rutheneum.com/Content/images/logo.png (https://www.rutheneum.com/register?referral=NemesisZAUK)

Ps: The above project gave me 50 free tokens when i signed up.