[ANN] [REE] REECoin: People’s Coin *****REVIVAL*****

[ReeCoin]

****************************
ATTENTION

Due to the misuse of REECoin over the past few years, an Official REECoin Contribution Team has been formed to responsibly progress this cryptocurrency.
Livecoin.net has been notified of the situation and please look for an official statement from them https://www.livecoin.net/en/news/list.
We appreciate your patience during this transition.

You can join us on Telegram at https://t.me/reecoin_official

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UPDATE

As per Livecoin's request, here is their message they have asked us to post.

14.06.2018 16:09Support (chief):
Hello.
We tried to contact with initial developer of REE for a long time, no response for over year or so. If he would have anything to say, he could contact us anytime. Moreover, he didn't take any actions when official REE website, explorer, etc., has been replaced on Coinmarketcap by the new developer. We don't know who you are, we don't negotiate with the third parties. As far as REE project was dead for over a year, we have responsed to the new developers after they changed all the data on Coinmarketcap. If you are the initial developer, send us an official request from official e-mail of original REE website, please also place the same request on official REE website, please also place this request in official REE thread on bitcointalk from the topicstarter's name. In this case we will have a deal with this developer.

We have satisfied Livecoin's requirements and we will be getting in touch with Livecoin to clear up this mess as well as post a full statement on reecoin.com explaining REECoin's history, what is happening today, and what is to come in the future.

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About ReeCoin:
ReeCoin is a peer-to-peer decentralized digital currency for ordinary people, easy to use and acquire. ReeCoin summarizes the best characteristics of digital currencies, which were issued earlier (Bitcoin, Peercoin), such as: increased security, fast consensus mechanism, and increased decentralization achieved by requiring miners to prove the knowledge of the transaction data.

Mining:
ReeCoin mining involves verifying transactions around the system by encrypting and decrypting transfers, carried out by other users. This process is deliberately made highly complex and time-consuming to reduce ReeCoin inflation. The complexity of each transfer's encryption increases proportionately to the number of people working on the transaction. It requires an extremely high-end computing setup, dedicated to the encryption and decryption process. These requirements have so far been sufficient to keep ReeCoin inflation in check. To control ReeCoin inflation further, the permission of a maximum of 7 Billion ReeCoin’s was implemented into the system. This also steadily reduces ReeCoin’s generation as the total number of ReeCoin’s in circulation increases. Based on the current generation rate, it is estimated that the total number of ReeCoin’s will be created and mined in 2100.

Obtaining ReeCoin’s

There are several ways to acquire ReeCoin’s:
1. by purchasing directly from other users at whatever prices they propose
2. by purchasing from ReeCoin exchanges and ATMs
3. by earning new ReeCoin’s via ReeCoin mining - carrying out tasks from the ReeCoin network

ATMs and Exchanges
ReeCoin exchanges and ATMs provide a considerable range of services and serve multiple purposes:
as depositaries to store ReeCoin’s as a wallet service to enable users to convert their fiat currency into ReeCoin’s
as an advanced trading exchange, in which users can trade between multiple digital currencies and fiat currencies.

Users are required to verify their identity in order to access these exchange services.

• Scrypt algorithm
• block generation time 90sec
• 7 Billion total amount of ReeCoin’s
• 6.650 million pre-mined
• 350 Million PoW/PoS
• Almost instant transactions
• Fast consensus mechanism
• Extreme security
• Low future inflation rate 1% (interest value)
• Efficient data retention
• High transaction confirmation frequency
• Energy efficiency
• P2P
• Hybrid POW/POS simultaneously phases.
• Stake’s minimum age is 12 hours.
• Maturity of blocks takes 350 blocks

Proof-of-Work & Proof-of-Stake Stages
      

• 1st year   - 2 coin’s - block
• 2nd year  - 4 coin’s - block
• 3rd year   - 8 coin’s - block
• 4th year - 10 coin’s - block

   

Website: www.ReeCoin.com
GitHub: https://github.com/Reecoin/Reecoin-Project
Block Explorer: http://reecoinexplorer.com/
Windows wallet: https://github.com/Reecoin/Windows-Wallet
Mac wallet: https://github.com/Reecoin/Mac-Wallet
Linux wallet: https://github.com/Reecoin/Linux-Wallet
Android wallet: https://github.com/Reecoin/Android-Wallet
Exchanges: Coming soon

[1714188529]

1714188529

[WhyMe]

Probably you want to say Scrypt algo, not script ...

[Olegcho]

lol

Code:

int64_t GetProofOfWorkReward(int64_t nFees, unsigned int nHeight)
{
    int64_t nSubsidy = 0;

if (nHeight == 1)
{
    nSubsidy = 6650000000 * COIN;
}
else if (nHeight < 350400)  // 1 Year
{
    nSubsidy = 2 * COIN;
}
else if (nHeight < 700800)  // 2 Year
{
    nSubsidy = 4 * COIN;
}

else if (nHeight < 1051200)  // 3 Year
{
    nSubsidy = 8 * COIN;
}
else if (nHeight < 1401600)  // 4 Year
{
    nSubsidy = 10 * COIN;
}

else
{
    nSubsidy = 10 * COIN;
}


    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}

for dev    nSubsidy = 6650000000 * COIN;
for idiots   nSubsidy = 2 * COIN;

[Jerry S]

maybe it will be another 80+BTC volume at one of the exchanges

[ocminer]

maybe it will be another 80+BTC volume at one of the exchanges

Where the dev is buying and selling to himself

[WhyMe]

pool

http://mineblocks.no-ip.org:2627/pool/REE/

Seriously ? With that premine ?
I think you lost your time :/

[loutchano]

pool

http://mineblocks.no-ip.org:2627/pool/REE/

Seriously ? With that premine ?
I think you lost your time :/

true

[d.mas]

maybe it will be another 80+BTC volume at one of the exchanges

Where the dev is buying and selling to himself

Yeah! hope this coin never hit any exchanges.

[Woody20285]

How much for 6 Trillion coins?

[Mario241077]

dead.. scamer

[TrueAnon]

RRRRRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

There's already MEME coin, thanks, bye.

[ybelevi]

any nodes?

[EuroLine]

Added to my pool
http://91.240.86.243/
0.5% pool fee
Payouts every hour

P.S. It is trading on YoBit https://yobit.net/ru/trade/REE/BTC

[EuroLine]

any nodes?

addnode=192.155.106.33:11300
addnode=188.166.225.92:11300
addnode=46.101.202.84:11300
addnode=159.203.9.117:11300
addnode=198.199.74.132:11300
addnode=115.28.108.205:11300

[ybelevi]

Hello EuroLine

thanks for the answer but nodes not working.
i want to ask a question. how can u find this nodes. i look the block explorer i cant see any show nodes botton.how can you find them?

regards

any nodes?

addnode=192.155.106.33:11300
addnode=188.166.225.92:11300
addnode=46.101.202.84:11300
addnode=159.203.9.117:11300
addnode=198.199.74.132:11300
addnode=115.28.108.205:11300

[EuroLine]

Hello EuroLine

thanks for the answer but nodes not working.
i want to ask a question. how can u find this nodes. i look the block explorer i cant see any show nodes botton.how can you find them?

regards

any nodes?

addnode=192.155.106.33:11300
addnode=188.166.225.92:11300
addnode=46.101.202.84:11300
addnode=159.203.9.117:11300
addnode=198.199.74.132:11300
addnode=115.28.108.205:11300

My pool daemon found them just after i launced it. I launched Win version and it didn't find any nodes, so i specified this(from daemon) and now my wallet synced. I think u just need to wait. Look what does the debug.log says

[RidgyDidge]

So what is this coin all about ? I know it is Scrypt algorithm and not script that's for sure

But seems like another premined garbage coin.

[EuroLine]

So what is this coin all about ? I know it is Scrypt algorithm and not script that's for sure

But seems like another premined garbage coin.

Yeap a peace of shit)

[rindo]

So what is this coin all about ? I know it is Scrypt algorithm and not script that's for sure

But seems like another premined garbage coin.

you're right,ReeCoin just think that is the cool name :'(does not mean anything at all

[Posum578]

Wow already list on yobit
and dev buying his own coin 

Seriously idiot