[ANN] [RCN] RCoin Plus (a fixed version of RCoin) - PoW - Scrypt - CPU mining

[Ronsor]

RCoin

---
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

My address: ivabm6gktvhygk4ztz2ijittk5jv4jg4hizqnirqqkyfzt2axzda

[sorinslv]

how many coins receive for a block?

[bspus]

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

[RealJoshuar]

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

[Dlugina23]

How to mine?

[bennie4]

RCoin

---
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

My address: ivabm6gktvhygk4ztz2ijittk5jv4jg4hizqnirqqkyfzt2axzda

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

[beverly788113]

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

[Ronsor]

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

Yes, but I have not found any yet.

How to mine?

Mining is enabled by default. You can start/stop mining in the wallet. Current reward is ~254 coins.

[RealJoshuar]

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

[sorinslv]

i already mined 7615.8 rcn

i like ipfs idea, i searched google for information.

[leeant1]

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

[bulwarkpool]

Reserved for https://bulwarkpool.com

[RealJoshuar]

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

Sent 10 RCN to vms6isqmrrsihuxme67c46ijcojtmr2nmmtuoa3mj2p5hgwrvnbq

tell me if you get it

*just set another 10*

[leeant1]

Got it. just sent 20 back.

[RealJoshuar]

Got it. just sent 20 back.

Yea I got it

[tippytoes]

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

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.

[RealJoshuar]

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

[MasterHash]

reserved yiimp.Masterhash.us

[bigdgc]

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?

[RealJoshuar]

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