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Riecoin will be the only winner.
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Riecoin. Exclusive Prime Mining
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New feature to the explorer: Largest Wallets! It's a rich list with addresses aggregated by guesstimated wallets. Any idea who is the exchange with the #1 wallet? (if you spot your deposit address in there, you'll know) Probably either poloniex or yPool Those are tagged and MintPal as well (though the tagging could be incomplete) Could be btc38... I can't read Chinese to confirm, are they large enough to be #1 RIC exchange? Also whoever they are, the RIC richest address seems to be their cold wallet, meaning they control more than 45% of all RIC. A double edged sword. On one hand, whoever they are, they are confident enough to hold that much RIC. THere will always be massive holders in any coin so that is normal. On the other, it is troubling to think what they can do with it once RIC prices rise. |
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What could be nice (not sure if possible) if maybe thinking of cloud mining perhaps in addition to CPU mining?
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the longer numbers and block time are a great idea, not sure i would favor a riecoin 2 , I am still trying to research methods to mine riecoin Also I am unconvinced that features of anon tx will hold water Most that claim it are false now. Obviously a good area for future research.... would be better to make your choice if you could check out that gpu miner on testnet of primecoin vs. see a demo i do agree future technology will continue to increase what are the present limits of hardware ect... if so then please write it like Ric²  +1 ...and add RAM requirements (shinycoin) to make it a truly a CPU-only coin. I like Ric² But right know I don't know how to make it more RAM demanding... (that is, without radically changing the PoW). After seeing the alleged speed of primecoin's gpu miner, I think that a Ric gpu miner will eventually be unavoidable. Newer GPUs will keep getting more and faster RAM anyway. I was thinking of making the nonce (offset in the block's header) be 512 bits long instead of 256. This would allow for more efficient mining putting us closer to the elusive world record. Also 5 mins per block: the wallet would sync faster and each block would have more difficulty, getting us closer to that record.... Yea. I agree. Why make a new coin when a perfectly good coin already exist and needs improvement? |
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Hi! I've been a little sick (just a flu) and I didn't touch a keyboard in like 4 days (!) that's weird for me... anyway, I'm still working but I didn't make much progress lately.
One idea I've been fantasizing about: we could make Riecoin2, based on the new ring signature anonymous coins (Monero/Bytecoin). It would be a fork of their code but using out PoW. There should be a way to transition from RIC to RIC2. Maybe we could have a burn period where we would burn RIC to transform them into RIC2, or I could just premine a lot of RIC2, sell them for at 1 RIC on an exchange and after a while just burn the unsold ones. The latter would be easier than monitoring both chains.
What do you think? those who don't like it would be allowed to continue in the current RIC, and the fact that you would be able to use it to buy RIC2 at a fixed price (for a while) would make the price (of RIC) go up. Or would it hold RIC2 down? who knows....
Hm..What about all the current RIC holders? How would transitioning it work? 1RIC=1RIC2? |
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Smartcoin needs something to separate itself from this sea of endless trash cryptocoins...and currently it is one of them.
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Any update this week Gatra?
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New feature to the explorer: Largest Wallets! It's a rich list with addresses aggregated by guesstimated wallets. Any idea who is the exchange with the #1 wallet? (if you spot your deposit address in there, you'll know) Probably either poloniex or yPool |
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I will never abandon this coin. I chose this coin because of its potential. Good news is that I will be finish with work by the end of next week and can focus mostly on Riecoin
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Interesting. Hoping the changes I mentioned will be added too so I can work on an Android wallet (or try to) for SMC
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Any update this Thursday Gatra?
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Should that be our next move Gatra? Would be nice to implement stratum compatibility directly into the wallet..
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Take RIC for what it is, a very valuable experiment.
Crypto as a whole is moving forward.
RIC is still valuable. Any crypto with improvements and active dev. is a good crypto. I agree, but this truly has no chance of being adopted by the public (like 99% of alts) but nonetheless has provided a few unique concepts that can help us move along as a community. I would contest with this. Many argued that Darkcoin would not be adopted by the public but its in the top 10 right now. Dogecoin was a shocker but it is also top 10 right now. |
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BTW Gatra, any news after you release 0.9.2? update Thursday here once again!
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Take RIC for what it is, a very valuable experiment.
Crypto as a whole is moving forward.
RIC is still valuable. Any crypto with improvements and active dev. is a good crypto. |
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Difficulty drops to 1477 Time to mine Agreed!  |
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Will v0.9.2 be released today?
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Hey Gatra,
When is v0.9.2 expected to be released?
hopefully tomorrow! sorry, almost there still have to add a new checkpoint, check to see if it syncs and recompile everything will release on Friday or during the weekend Ah I see. Thank you so much for your one-man team at the moment. I promise to help after mid-July. |
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