solo only
I'm working on a p2pool, but it won't be ready for launch

It's ok, I understand I lost credibility regarding deadlines... but the reason I didn't commit a launch date before is that I wanted to be sure that I could deliver. I take the launch seriously and I believe that a failed launch can pretty much kill a coin before it even begins. I have everything needed so unless something really bad happens then it should launch on time.

That is a good point indeed. However I expect Joe Blow to notice the differences in price. And I expect Joe Miner to notice how mining Riecoin is a better experience. I hope to address the problems that Primecoin suffers every time the difficulty crosses the integer barrier.

Ultimately, my goal is to harness all the computing power of cryptocurrencies to something "better" than hashing. My ideal is a true decentralized "curecoin/foldcoin" with scientific calculations embedded as part of the protocol and the blockchain. And this is just one small step forward.

I find some problems with this...
First, it means that the devs and early adopters get an unfair share of coins while the difficulty is still low: instamine!
And worst, I'm encouraged to do block withholding!
If I had a super mining rig I'd put it to mine full speed, and if I found a block with 0 reward, it's best for me to delete it instead of publishing it. In this way I can mine without affecting the difficulty, keeping it low and having more chances of finding an "anomaly". Of course there's tx fees, but in the first days those won't be much...

This question will be better explained in a few days when I release the details of how the PoW works.
But yes, we'll be searching for large primes, and as the difficulty increases the size of the primes will grow larger. In fact that's how the retarget works: every 288 blocks a new size for the required primes is calculated in order to have 1 block every approx 2.5 minutes.

In contrast, Primecoin puts an upper bound on the size of the primes in its chain.

Lanza el martes 11 de Feb de 2014 a las 20:00 UTC

Parámetros generales:

• PoW: nueva idea, números primos, no cadenas de Cunningham
• Bloques cada 2.5 minutos
• 50 RICs por bloque, se reduce a la mitad cada 4 años
• Cap: 84 millones de RIC
• RPC port 28332, o 38332 para testnet
• P2P port 28333, o 38333 para testnet

Website: http://riecoin.org/

La página aún se encuentra únicamente en inglés, pero el cliente podrá configurarse en castellano.

Les dejo el link al anuncio en inglés con más información: https://bitcointalk.org/index.php?topic=446703.0
Cuando disponga de más tiempo traduciré más. Gracias!

follow us on twitter: @riecoin

Details of how the PoW algorithm works will be released this week, but the source code will be provided at launch time.

Just wanted to let you know we are launching next week: https://bitcointalk.org/index.php?topic=446703.0

aaand... here we go: https://bitcointalk.org/index.php?topic=446703.0

let's make some noise!

riecoin

Launched between 20:00 and 23:59 UTC on Tuesday, Feb 11th, 2014

Want something added to riecoin.org? request it here: https://docs.google.com/spreadsheet/ccc?key=0As6q17G29AHxdENBMzNIT3NSSWlic0Y4TnJKZTlSUEE&usp=sharing

New client v0.10.2 Mandatory update: hard-forked at block 160704
Hard fork was successful! It allowed us to break the world record for the largest prime sextuplet with 654 digits
Sources are in github (github.com/riecoin/riecoin) and binaries in sourceforge (https://sourceforge.net/projects/riecoin/files/riecoin%200.10.2/).
More details here: https://bitcointalk.org/index.php?topic=446703.msg9396060#msg9396060

Download optimized solo cpu miner v3.1.1:https://sourceforge.net/projects/riecoin/files/cpuminer%20rminerd%203.1.1/

General parameters:

• PoW: new idea, prime numbers, not Cunningham chains
• Blocks every 2.5 minutes
• Block reward of 50RIC, halving every 840000 (about 4 years)
• Cap: about 84 million RIC
• Difficulty adjustments every 576 blocks (24hs) 288 blocks (12hs)
• RPC port 28332, or 38332 for testnet
• P2P port 28333, or 38333 for testnet

Website: http://riecoin.org/ (currently down beacuse of DDos)

The process of money creation in Bitcoin - referred to as mining - involves executing software that utilizes your hardware running sha256 hashes until a certain criterion is met. This part of the mining process is called generating a "Proof of work". The whole mining process also has a critical role in processing transactions and providing security to the network. It is estimated that all the processing power devoted to Bitcoin mining represents more computing power than several of the largest supercomputers in the world combined. Wouldn't it be great to be able to use all that massive power for something else?

Even special purpose hardware was designed for Bitcoin mining. Some consider this a waste of resources, while others argue that supporting a decentralized currency is hardly a waste. We believe that the mining process required for currency to work does not need to include hashing functions as a Proof of Work, and that a "more useful" calculation can be done instead.

That's the point of Riecoin: the mining process, besides fulfilling its function to the operation of the network, generates series of prime numbers as a by-product. This prime numbers are of interest to mathematicians and the scientific community. Riecoin is proof that it is possible to effectively harness all that massive computing power to something useful other than hashing functions.

Fair launch:

Since this is a new PoW, it is very hard to define a starting difficulty that avoids instamining. To overcome this and contribute to a fair launch, the first 576 blocks will have no reward and the next 576 will linearly increase and reach the full reward at block 1152, after 4 difficulty adjustments were performed. Besides avoiding instamining, this should allow time for those who want to compile their own clients.
Expect the starting difficulty to be hard.
Source code will be provided a few days before launch, but the PoW functions will be replaced by stubs. The idea is that everyone would be able to examine the code and confirm that there's nothing strange and it is indeed pretty similar to bitcoin's. Everyone would be able to compile it, see if they have the correct dependencies, etc, but it won't run. At launch time, when the final code is released, everyone could easily check that the only thing that changed is the PoW code, so you'd only have to check the diff of a few lines of code and recompile.

Mining

A basic miner is embedded in the client (use "setgenerate true"), but a fork of cpu-miner that is much more optimized will be released too. Optimized mining requires a sieve, which in general create a RAM access bottleneck, so it's hard to predict how much improvement would you get by using the GPU. I'd bet someone will find a way to implement an efficient GPU miner. Same thing with ASICs. But if they make an ASIC for this, they would be making an ASIC that could be used to find interesting prime number structures.


LINKS

Cool intro video: http://vimeo.com/87464754

Forums:
- http://www.riecointalk.com/
- https://cryptocointalk.com/forum/875-riecoin-ric/

Facebook: https://www.facebook.com/TheRiecoinCommunity

Twitter: @riecoin

Android apps/widgets: new!
- Paper wallet (in Play store)
- Riecoin widget (in Play store)
- Riecoin shooter (in Play store)


Subreddit: http://www.reddit.com/r/riecoin

There was an article on NewScientist! http://www.newscientist.com/article/dn25123-virtual-currency-riecoin-tackles-prime-number-enigma.html#.Uw-hrfmSzcA
And slashdot: http://science.slashdot.org/story/14/02/22/1938218/riecoin-a-cryptocurrency-with-a-scientific-proof-of-work

Listed at:
- http://www.worldcoinindex.com/
- http://coinmarketcap.com/
- http://www.cryptocoinrank.com/Riecoin

Exchanges:
- CryptoDAO:
                BTC/RIC:https://cryptodao.com/site/index/RIC/BTC
                LTC/RIC:https://cryptodao.com/site/index/RIC/LTC
                ETH/RIC:https://cryptodao.com/site/index/RIC/ETH
                USD/RIC:https://cryptodao.com/site/index/RIC/USD
- POLONIEX
- btc38.com

Pools:
- uBlock.it new!
- ric.nonce-pool.com (stratum)
- RiePool (stratum)
- xpoolx (stratum)
- http://ypool.net/ (xpt) they also have an online wallet and a faucet
- ric.upcpu.com (xpt)
- gpupool (not technically pooled mining, research before using)

Stratum miner:
- https://github.com/gatra/fastrie

Stratum pool server backend:
- https://github.com/gatra/stratum-mining

Block crawlers/explorers:
- https://chainz.cryptoid.info/ric/
- https://bchain.info/RIC/
- http://darmstadt.goxadidi.dk/cgi-bin/block/block_crawler.py/ seems offline

Tools:
- Paper wallets
  - https://cryptap.us/ric/paperwallet.html
http://www.lotwin.com/lottery/downloads.aspx accepts Riecoin!
There's a wiki here: http://www.reddit.com/r/RieCoin/wiki/index

Faucet and other services by cryptap.us: New!
- Faucet
- copay for RIC
- Online wallet
- Dice game


And there's a miner for the parallela board! https://github.com/MichaelBell/fastrie/tree/master/xptMiner

More links and info at riecoin.org

+1
I know what smells fishy to me: it's centralized

Sí sigo!

Escribí acá: https://bitcointalk.org/index.php?topic=288065.msg4591664#msg4591664
y actualicé la web: riecoin.org

Saludos y gracias por el interés!

Please don't give up! I admit it's been a lot longer than I (and everyone) expected, I could have launched sooner but I wanted to dedicate to this the time it deserves.

Good news:
I updated riecoin.org with some data.
I'm testing 4 versions (win/linux, 32/64 bit) of the miner and have to make sure all are capable of finding valid blocks. So far 3 of 4 have found blocks.
Launch will be by the end of Jan or beginning of Feb. I can promise this: the launch date will be announced before the end of January.

Thanks!

NO
1% is too much.
1% of BTC is currently... about 100 million USD!
Consider this: lots of coins get dumped in the first month. 1% of all coins ever is usually about 50% of all coins mined in the first month.
So: premine 1% and after 1 month you have 50% of the market cap!

That's so cute...

but that's not fair... fat cats still make more: they have more to burn, so they would get all the coins

bumpity

and how do you control that only one block is created every 10 (or whatever) minutes?

Hi!
what are the other general alt coin forums out there?

I know of these:
cryptocointalk.com/
www.altcointalk.co.uk/
www.coinboards.org/
www.bitcoinforum.com   (has an alt section)

any others?

please specify: what is "replace source"?

you want me to do all the job of cloning a new coin?

0.75 btc
but it will be the best coin that you could get
win and linux qt
most win qt wallets hang when you use the console window. Mine won't