Bitcoin Forum

---
After the previous failure that was RCoin-v1, I have rewritten the code. Now we do not have any of the previous bugs.
We do not need transactions in order to mine.
---

RCoin is a decentralized peer-to-peer currency building upon the ideas of Bitcoin. In comparison with other cryptocurrencies, RCoin does not eliminate transaction fees, nor keep them at ridiculously high rates even for small transactions. Transaction fees are determined as a fixed 1.5% of a transaction’s amount. RCoin is designed to be ASIC resistant by requiring relatively large amounts of memory per hash (6-12MB).

Latest Version

The current version is RCoinPlus-v1

Information

* RCoin uses the Scrypt hashing algorithm.
* RCoin DOES NOT USE A BLOCKCHAIN, but simply keeps track of every transaction (this means no transaction fees, and near instant transactions)
* You can mine a block every 5 minutes.
* Solo-mining is feasible.
* No more coins after 7 years. (You will earn negative coins if you try to mine after then.)
* Estimated total supply: 25540000 RCN.

http://tinyrcoin.github.io (http://tinyrcoin.github.io)

My address: ivabm6gktvhygk4ztz2ijittk5jv4jg4hizqnirqqkyfzt2axzda

how many coins receive for a block?

No instructions at all?
Is this even usable right now?

Have you thought of getting more devs on for a development team for Rcoin?

How to mine?

hi dev, what is your coin, links to purse, roadmap, whitepaper  ???

What are your long-term plans, you can tell us to know ???

Yes, but I have not found any yet.
Mining is enabled by default. You can start/stop mining in the wallet. Current reward is ~254 coins.

I'm not sure on how ipfs works, could you explain possibly?

i already mined 7615.8 rcn

i like ipfs idea, i searched google for information.

Steps I took to get this working.

Open your command line and cd to the directory.

Run the following commands.

1. ipfs init
2. ipfs daemon --enable-pubsub-experiment

---Wait until you see Daemon is ready ---

Open another command/terminal

3. rcoind
4. open tkwallet

Once I did it in that sequence it seems to run.  After doing these initial steps if you need to close it start at step 2.

rcoind -cli create  (Creates a new address)
rcoind -cli "Wallet Name" (Loads cli interface)


If anyone wants to test my address is vms6isqmrrsihuxme67c46ijcojtmr2nmmtuoa3mj2p5hgwrvnbq

Reserved for https://bulwarkpool.com

Sent 10 RCN to vms6isqmrrsihuxme67c46ijcojtmr2nmmtuoa3mj2p5hgwrvnbq

tell me if you get it

*just set another 10*

Got it. just sent 20 back.

Yea I got it

Yes, launching this without that means that you want this coin only for trading. Nothing more than that. No website and other things to market your coin.

To get it working all I did was launch rcoind, then ipfs, then the wallet(I'm using windows 10 by the way)

reserved yiimp.Masterhash.us

This version is so much better than the first one haven't crashed and its mining nicely. But what is the mandatory cool down is that the time between blocks?

It seems so. I checked and there's a 299 seconds (Basically 5 minute) wait time between when each block is mined

Pretty sure this version is bugged like mad also.

1) block reward vs total supply do not match AT ALL
2) the mandatory cooldown is client enforced

Any news Dev? Maybe Exchange?

selling coins pm me

okay something is wrong here


i run wallet for almost 20 hours ...fine ... i got almost 10k coins


now after i shutdown my computer and reopen ... the wallet won't start .... so i backed up the ( default wallet )  deleted the data and resync


so ... after doing that ... somehow it seem that im with 0 balance and starting to mine coins from scratch ???


is there a way to know what is the actual balance of my wallet ... like block explorer 

There seems to be a flaw in the design of this coin, which is that there is no blockchain.  When you startup and request to sync you will only receive the oldest transaction that that node responding has and there is nothing to validate against.  I had 53k coins, deleted and reopened and was only able to sync to 10k coins I assume because the node I am syncing from doesn't have the history prior to when they first started up.

WTF? ???

https://b.radikal.ru/b18/1712/9a/64c1945bb2b2.png (https://radikal.ru)

same here but i see balance increase.

I send 5000 + 45000 to another address

Received immediately with no problems, but in gui wallet the balance only show the -5000, but the real balance its correct (i couldn't send de 45000 again because have no funds)

Dev, are you one man team? Why did you create this coin? If you want to start a coin, you should do proper planning and roadmap and so on. Good luck to you and hope that I will look back and regret in 10 years time.  :(

 ;D ;D ;D ;D ;D ;D ;D ;D

Great! Maybe this coin must live...

what happened ?  all bad transactions ???

how can you mine 10K+ coins for hours ???

I run on 2 computers and they stop mining for several times, then I restart it got all bad transactions...


and sent some coins between 2 wallets, and never received them...the coin lost!

I sent 500 coins from one address to the other no problems, and both address have the correct balance

Dev, any news?

1.It seems that every client can get a reward every 5 min.
2.I successed sending coins from A to B. But B to A failed.

Still lots of bugs.

I think dev should run a test before release. Like semux did.

I can only send coins from my pc to VM on it. =..=

yeah i think chain will reset on this rate ... i lost all my mined coins because i did a resync lol

How run rcoin on ubuntu server ? can I mine w/o tkwallet ?

Is that mining ?
https://i.imgur.com/8azp2hl.png

1 block per exactly 5 minutes does not look like mining to me. Just look like a scam where after every 5 minute some coins are made to be displayed on wallet. I even tried sending it to a different wallet transaction was never completed. When you search for transaction using the address, it only displays transactions done on that wallet. You can also type address whatever you wish like it does not even check for minimum or max characters required for address length. Any explanation dev?

yes there is no chain ... if u delete the files without the wallet file ... like every another coin ... and resync ... BOOOOTHHH .. Your coins are gone

parody of YENTEN  ;D ;D ;D
 

spoof of the coin YENTEN  ;D ;D ;D

Scam coin. No news, no roadmap, no exchange.
Block every 5 min (pentium 2 found block every 5 min and ryzen 9 found block every 5 min too....).
Fake

lmao ... is this a bot ?

For sure are some bugs, but i could see the transactions of other people like dev and other users of this thread. Maybe the people that take block every 5 min are in own testnet.

How to verify if it's testnet or not? If it is testnet how to fix it?

You could search in the guiwallet the payments made by dev and other users that post theirs adress in this topic.

You are right, it's testnet. Now can you tell me how to mine?

Is there any airdrop for this coin ?

I think is you coin Dev?! ;D

https://bittrex.com/Market/Index?MarketName=BTC-RCN

I was following the same thing.

how's going with Rcoin, mined 10K coins now...

is the dev still here, any plan for this project ???

I seriously doubt rcoin is on bittrex. Coins dead already dev does not tell anyone anything and there is no point in mining it. He was probably testing to see if he could make a coin and then abandoned it this was his second try.

this project looks very interesting, but dev leaved for a while . I have mined 300K coins, consider stop mining now!

dead coin?

actually every pc can mine a blcok per 5 minutes...

but totaly supply is 20+M

its like picking up shells at the beach, its will probably never have value, but its kinda fun. At least the dev proved something to himself.

Very good scam and fake coin))))

so this coin is dead???

a very interesting project, but dev is gone... is there anyone can pick it up??

i get it was an experimental coin with no real intended use, but how the fuck is this a scam.