[ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record

[guytp]

Awesome Guytp, thank you! I am going to sign up and trade there as soon as people are sharing some good feedbacks! (bonus if price increases) And I wish you success for your exchange! Please never ever freeze any wallet or account without reason, and keep being in contact with the Riecoin community  

And with the XPoolX one, there will be 2 available ways to trade Riecoin, nice!

Edit: What are the minimum trades and withdrawal amounts and their fees?

Deposit Fee: 0
Taker Fee: 0.2%
Maker Fee: 0.1%
Withdrawal Fee: 0.01 RIC
Minimum Deposit: 0.01
Minimum Withdrawal: 0.01
Minimum Order: 0.00000001

[1713560684]

1713560684

[dga]

Awesome Guytp, thank you! I am going to sign up and trade there as soon as people are sharing some good feedbacks! (bonus if price increases) And I wish you success for your exchange! Please never ever freeze any wallet or account without reason, and keep being in contact with the Riecoin community  

And with the XPoolX one, there will be 2 available ways to trade Riecoin, nice!

Edit: What are the minimum trades and withdrawal amounts and their fees?

Deposit Fee: 0
Taker Fee: 0.2%
Maker Fee: 0.1%
Withdrawal Fee: 0.01 RIC
Minimum Deposit: 0.01
Minimum Withdrawal: 0.01
Minimum Order: 0.00000001

Fantastic, guytp!  Thank you!

I've put a small amount of RIC up for sale at a discount relative to the last price on Polo (about $7 worth), if someone wants to grab it, and we can independently confirm that withdrawing works.  The deposit worked.  The BTC withdraw fee is 0.00050, which I'll happily spend to confirm the site works.

[hopguide]

Very nices fees for Riecoin, and I like that there is virtually no minimum trade amount.

But 0.0005 BTC withdrawal fee is really much, can you not lower this? Check this, the current recommended fee is 10 satoshis/byte, which is equivalent to a 0.0000225 BTC fee for most transactions. And if you batch the withdrawals, it would cost you even less! Not mentioning the upcoming Lightining Network. Please do not be as greedy as most exchanges, and this will help you to get even more interest.

I suppose that 0.0005 BTC is also the minimum deposit amount, it would be nice if we could deposit smaller BTC amouts.

[guytp]

But 0.0005 BTC withdrawal fee is really much, can you not lower this? Check this, the current recommended fee is 10 satoshis/byte, which is equivalent to a 0.0000225 BTC fee for most transactions. And if you batch the withdrawals, it would cost you even less! Not mentioning the upcoming Lightining Network. Please do not be as greedy as most exchanges, and this will help you to get even more interest.

We currently do not calculate the quote price for BTC withdrawals dynamically (we do with ETH).  The plan is to make it dynamic based on live price in July.  We currently pass 20 satoshis/byte across for faster confirms and to cope with slightly higher prices that occur every now and then as a short-term solution.  We also cannot guarnatee which coins are used at the point of quoting for a withdrawal so we take a pesimistic view of 0.002 as a cost price (1kb transaction and 20 satoshi/byte).  This has then been set at 0.005 to be competitive with other exchanges.  The plan is for this to be fully dynamic with smarter coin selectors in July.

We're happy to lower this to 0.002 in the short-term.

I suppose that 0.0005 BTC is also the minimum deposit amount, it would be nice if we could deposit smaller BTC amouts.

BTC minimum deposit was 0.005.  We've happy to lower this down to 0.001.

These fee changes should be applied in the next 24 hours.

[hopguide]

OK, thank you. 0.0002 BTC withdrawal fee is reasonable (if you actually forgot a 0 in the first paragraph). I am sure that you are doing your best to find the optimal fees after all. Keep the good work up.

DGA, was your order filled and is BTC withdrawal working well?

[dga]

OK, thank you. 0.0002 BTC withdrawal fee is reasonable (if you actually forgot a 0 in the first paragraph). I am sure that you are doing your best to find the optimal fees after all. Keep the good work up.

DGA, was your order filled and is BTC withdrawal working well?

It was filled, but it turns out I didn't have enough BTC to meet the minimum withdrawal.  I'll go sell some more in a bit and report back!

[dga]

OK, thank you. 0.0002 BTC withdrawal fee is reasonable (if you actually forgot a 0 in the first paragraph). I am sure that you are doing your best to find the optimal fees after all. Keep the good work up.

DGA, was your order filled and is BTC withdrawal working well?

It was filled, but it turns out I didn't have enough BTC to meet the minimum withdrawal.  I'll go sell some more in a bit and report back!

I've successfully withdrawn $9 worth of BTC.  It's not confirmed, but the TX shows in the BTC block explorers.

(Note that people shouldn't construe this as an endorsement of the exchange, just confirmation that my test withdrawal worked.  I always urge caution when dealing with cryptocurrencies and newer exchanges!)

guytp, interface nit:  When I went to withdraw BTC, it says "must be less than your balance" -- shouldn't it be "less than or equal" and allow me to withdraw my full balance?  I had to leave a few cents behind.

  -Dave

[gatra]

Hi dear community!

First, kudos and thank you guytp for supporting RIC.

I can't promise anything at the moment but I'm working with getting other exchanges to support RIC.

Now, I have received some justified complains that I'm not active on Riecoin anymore. When I started this amazing project, I had little money to invest but I did have some time I decided to devote to its development. Now things have changed, and while I'm very short on time, I'm lucky enough to be able to commit some money on the project.
So, I'm offering a 0.5 BTC bounty to the person or team that can merge the Bitcoin Core 0.16.0 codebase with RIC and make an updated client that can work with RIC's current protocol and network.
Rules:
- I will review the code and make it the new official Riecoin client
- I decide if the code is ok and worthy of the bounty
- It has to support deterministic builds
- It's not necessary to update all unit tests, but it would be nice
- I decide when the bounty is over

I wish you luck and I'll be available for help with specific questions regarding the code.

Thank you all and let's keep RIC'ing!

Gatra

[MasterQ]

Glad to see you post here again Gatra. I will help spread word of the bounty and suggest everyone else does too so we can find that coder 

[dga]

Hi dear community!

First, kudos and thank you guytp for supporting RIC.

I can't promise anything at the moment but I'm working with getting other exchanges to support RIC.

Now, I have received some justified complains that I'm not active on Riecoin anymore. When I started this amazing project, I had little money to invest but I did have some time I decided to devote to its development. Now things have changed, and while I'm very short on time, I'm lucky enough to be able to commit some money on the project.
So, I'm offering a 0.5 BTC bounty to the person or team that can merge the Bitcoin Core 0.16.0 codebase with RIC and make an updated client that can work with RIC's current protocol and network.
Rules:
- I will review the code and make it the new official Riecoin client
- I decide if the code is ok and worthy of the bounty
- It has to support deterministic builds
- It's not necessary to update all unit tests, but it would be nice
- I decide when the bounty is over

I wish you luck and I'll be available for help with specific questions regarding the code.

Thank you all and let's keep RIC'ing!

Gatra

On the assumption that I have no time to try to do this either, I'll add in an extra 0.1 BTC to Gatra's bounty to sweeten the deal.  This offer is good through the end of 2018.

I'm happy to provide (flaky, i-get-too-busy-for-crypto-all-the-time, you've been warned) help understanding the PoW code or other parts of the codebase I've played with if whomever picks this up wants help.

[hopguide]

Great, thank you for your post Gatra!

If someone has any relevant experience, it should not be difficult, just long, it is basically just take the Bitcoin-QT 16.0 code and replace the protocal constants (port, nodes...), address generation and management (to use R... addresses instead of 1...), and replace the proof of work tester (replace the "check if hash is small enough" by "if the number is a prime constellation". And of course replace all occurences of "Bitcoin" to "Riecoin". I am sure that it could be done in a few weeks or less.

Would be great too if such dev integrates the latest optimized miner, such that it could both mine solo or connect to a pool. Any future optimization of the miner should be directly included in the wallet, no need to have XPTMiner anymore.

[guytp]

guytp, interface nit:  When I went to withdraw BTC, it says "must be less than your balance" -- shouldn't it be "less than or equal" and allow me to withdraw my full balance?  I had to leave a few cents behind.

Thanks for raising this.  I'll get this looked into on Monday.  If you want to empty out remaining balance raise a support message on Zapple and I'll get the transaction processed manually with us absorbing the fee.


With regards to BTC fees minimum deposit is now 0.001 and withdrawal fee is 0.0002.

[dga]

guytp, interface nit:  When I went to withdraw BTC, it says "must be less than your balance" -- shouldn't it be "less than or equal" and allow me to withdraw my full balance?  I had to leave a few cents behind.

Thanks for raising this.  I'll get this looked into on Monday.  If you want to empty out remaining balance raise a support message on Zapple and I'll get the transaction processed manually with us absorbing the fee.


With regards to BTC fees minimum deposit is now 0.001 and withdrawal fee is 0.0002.

Thanks!  Wasn't a big deal - I left something like .00001 or so behind, and I'm happy leaving some money there as buy and sell orders to help with liquidity while you get established.

Do you have an API available?

[hopguide]

With regards to BTC fees minimum deposit is now 0.001 and withdrawal fee is 0.0002.

Thanks! I signed up on your exchange. Glad to be able to cash out my RIC since so long. Some succesfull trades seem to have been done, this is nice. Unless if most were just from a single dude who was buying/selling his own RIC for testing. I hope that there will be more volume and more buyers so price can return to the 2-4 k range and more as the halvening mades RIC scarcer.

Small request, could you show all the digits up to satoshi (8 decimal digits) for all coins and not just KALI/RIC/RUP? In particular for Bitcoin? I feel weird that only 5 digits show for others. And maybe put more lines in the order book, or make it scrollable instead of having pages.

[guytp]

Do you have an API available?

Yes.  There is no formal how-to documentation but a fairly basic test UI detailing calls.

API itself is self-described at https://zapple.io/exchange/1/_md/index

To call any authenticated call you need to first login by making a call to our authentication API:

PUT https://lts-api.com/auth/1/

Body:
{
  "Username": "XXX",
  "Password": "YYY",
  "TwoFactorAuthenticationCode": null
}

If you have 2FA enabled replace null with your current 2FA code.

In your response will be something like this:

{
"JsonWebToken":"XXXXX",
... other fields
}

Capture the "JsonWebToken" value (XXXXX here) and then in authenticated calls pass it in as authorization header

BEARER XXXXX

Tokens have a validity once issued, you can call a renew endpoint or log back in upon expiry.  You must renew prior to expiry.

What we don't have yet is a single API token that is long-life - so if you have 2FA you'll need to supply the 2FA code when you first start your application and then renew the token every 15 minutes or so.  Dedicated API tokens with long-life are planned.

[Odogwux3]

Riecoin is soaring higher by the day. Solid team.

[guytp]

Small request, could you show all the digits up to satoshi (8 decimal digits) for all coins and not just KALI/RIC/RUP? In particular for Bitcoin? I feel weird that only 5 digits show for others. And maybe put more lines in the order book, or make it scrollable instead of having pages.

8DP I'll get sorted this evening.

Order Book will stay as is for now, we're going to be updating it with visualisations on the roadmap probably July/Aug.

Guy

[dga]

Do you have an API available?

Yes.  There is no formal how-to documentation but a fairly basic test UI detailing calls.

API itself is self-described at https://zapple.io/exchange/1/_md/index

To call any authenticated call you need to first login by making a call to our authentication API:

PUT https://lts-api.com/auth/1/

Body:
{
  "Username": "XXX",
  "Password": "YYY",
  "TwoFactorAuthenticationCode": null
}

If you have 2FA enabled replace null with your current 2FA code.

In your response will be something like this:

{
"JsonWebToken":"XXXXX",
... other fields
}

Capture the "JsonWebToken" value (XXXXX here) and then in authenticated calls pass it in as authorization header

BEARER XXXXX

Tokens have a validity once issued, you can call a renew endpoint or log back in upon expiry.  You must renew prior to expiry.

What we don't have yet is a single API token that is long-life - so if you have 2FA you'll need to supply the 2FA code when you first start your application and then renew the token every 15 minutes or so.  Dedicated API tokens with long-life are planned.

Cool.  I assume this is in the long-term plan, but just in case, I do suggest making a way to use the API without sending one's password (or even having to have it stored);  it's advantageous to be able to have the API have access to some functions, but the password gives you god mode access to your account.   I like how Bittrex lets the account owner specify some limits on the power of individual API keys, for example.

(I'll wait - I was thinking of making a very simple market-maker bot to try to improve liquidity for RIC)

[hopguide]

8DP I'll get sorted this evening.

Order Book will stay as is for now, we're going to be updating it with visualisations on the roadmap probably July/Aug.

Guy

Awesome, thank you!

Thanks to Poloniex, hundreds of thousands of RIC are waiting to be dumped... But once it is done, price should recover to normal ranges. And if someone codes the 0.16.0 Riecoin wallet, then Poloniex will likely unfreeze their wallets.

[guytp]

Cool.  I assume this is in the long-term plan, but just in case, I do suggest making a way to use the API without sending one's password (or even having to have it stored);  it's advantageous to be able to have the API have access to some functions, but the password gives you god mode access to your account.   I like how Bittrex lets the account owner specify some limits on the power of individual API keys, for example.

This is absolutely in the short-term (this summer) roadmap.