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gatra (OP)
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February 26, 2014, 12:21:43 AM |
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But you will then pay a hefty penalty in mining performance for checking all six candidates instead of an early abort strategy when checking a chain of four candidates. Modular exponentiation is a very expensive operation for the size of numbers that we are dealing with.
Yes, that's why I suggest requiring the first number to be prime. This will filter out lots of cases, so if the effectivity of the sieve is good, the overhead of not doing the early abort wouldn't be that much. Maybe require first 2 numbers to be prime... this should be enough to discourage biasing towards 4-tuples without much overhead. |
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steban
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February 26, 2014, 03:38:01 AM |
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Wondering why is it listed as RIC, instead of RIE?
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Supercomputing
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February 26, 2014, 06:00:38 AM |
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Five (5) orphan blocks within the last 24 hours - so one-quarter of my solo mined blocks end up as orphans  @gatra Have you started to work on a GPU miner? If not, how long from now until you begin to work on a prototype? |
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dr_chen
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February 26, 2014, 02:16:35 PM |
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Is this coin dead?
too difficult to mine
too low the price
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steban
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February 26, 2014, 02:36:28 PM |
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Is this coin dead?
too difficult to mine
too low the price
As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium. I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground. |
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anonuser777
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February 26, 2014, 02:54:08 PM |
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Is this coin dead?
too difficult to mine
too low the price
As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium. I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground. Out of all the cryptos I've invested in, this is the one that I've got most wrong. It's a great idea, but it seems like some entity (botnet / GPU miner) is constantly dumping the price lower. I hope they move on soon. This chart is not pretty viewing:  |
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steban
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February 26, 2014, 03:04:17 PM
Last edit: February 26, 2014, 03:18:42 PM by steban |
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Is this coin dead?
too difficult to mine
too low the price
As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium. I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground. Out of all the cryptos I've invested in, this is the one that I've got most wrong. It's a great idea, but it seems like some entity (botnet / GPU miner) is constantly dumping the price lower. I hope they move on soon. This chart is not pretty viewing: At some point the price/work will reach equilibrium. Still I think the developer could improve the code so that it requires a lot more memory, which will make things a lot more difficult for Botnets, as the infected users will notice the slowdown and find the botnet software. Thus prompting the botnet to move to a new coin. |
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remistevens
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February 26, 2014, 05:58:40 PM |
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Please use this version of the Riecoin video for promotions. I opened an account just for Riecoin. Also, when I can figure out how to associate the channel to riecoin.com, It will eventually have clickable links right in the vid that take you to the official website. So please direct all traffic here. http://www.youtube.com/watch?v=8zzwimv5VQg |
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northranger79510
Sr. Member
 Offline
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
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February 26, 2014, 06:00:57 PM |
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Is this coin dead?
too difficult to mine
too low the price
As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium. I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground. Out of all the cryptos I've invested in, this is the one that I've got most wrong. It's a great idea, but it seems like some entity (botnet / GPU miner) is constantly dumping the price lower. I hope they move on soon. This chart is not pretty viewing: At some point the price/work will reach equilibrium. Still I think the developer could improve the code so that it requires a lot more memory, which will make things a lot more difficult for Botnets, as the infected users will notice the slowdown and find the botnet software. Thus prompting the botnet to move to a new coin. You know what I say to this low price? Buy more! That is exactly what I am going to do when I can today. And that is a very good point. Dev, can you consider implementing this? |
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cryptonewbie
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February 26, 2014, 06:17:56 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
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remistevens
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February 26, 2014, 06:32:58 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. |
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northranger79510
Sr. Member
Offline
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
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February 26, 2014, 06:33:30 PM |
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Hey Dev,
Can you contact Gliss to post Riecoin on coinmarketcap.com?
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cryptonewbie
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February 26, 2014, 06:43:27 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. Mostly agree. I think marketing is essential. Look at Dogecoin. Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. Focusing purely on development is a lethal mistake. There are now over 120 coins on marketcap, and Riecoin isn't one of them. |
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remistevens
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February 26, 2014, 06:58:24 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. Mostly agree. I think marketing is essential. Look at Dogecoin. Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. Focusing purely on development is a lethal mistake. There are now over 120 coins on marketcap, and Riecoin isn't one of them. Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!). |
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cryptonewbie
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February 26, 2014, 07:06:10 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. Mostly agree. I think marketing is essential. Look at Dogecoin. Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. Focusing purely on development is a lethal mistake. There are now over 120 coins on marketcap, and Riecoin isn't one of them. Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!). I hope you are right. We can agree to disagree. I actually think the community and marketing is far more important. Do you really think Nike shoes function that much better than 10th placed shoe in the market, or does the marketing of Jordan, Lebron, Tiger set itself apart? |
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trny
Newbie
Offline
Activity: 48
Merit: 0
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February 26, 2014, 07:11:05 PM |
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Hey Dev,
Can you contact Gliss to post Riecoin on coinmarketcap.com?
Riecoin needs a static site that displays total supply first. This will come when a block explorer comes on, which I and another user are still working on |
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remistevens
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February 26, 2014, 07:42:05 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. Mostly agree. I think marketing is essential. Look at Dogecoin. Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. Focusing purely on development is a lethal mistake. There are now over 120 coins on marketcap, and Riecoin isn't one of them. Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!). I hope you are right. We can agree to disagree. I actually think the community and marketing is far more important. Do you really think Nike shoes function that much better than 10th placed shoe in the market, or does the marketing of Jordan, Lebron, Tiger set itself apart? HA, I hope I'm right too! . . .Ah but with Nike you're looking at brilliant marketing - brilliant marketing is hard to come by and/or very expensive. You can sell anything no matter how crappy with brilliant marketing - and Nike succeeds on its brand for sure. What I'm saying is good products don't need brilliant marketing, sure it would help, but its not necessary (good marketing is necessary, but not brilliance). For every 1 Nike, there are 10 other lesser known shoe companies also profiting because they have OK marketing and a good product. . . . |
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remistevens
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February 26, 2014, 07:48:35 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. hmmm, I guess marketing and community are parts of the product themselves though in the case of cryptos. Ultimately its the community that makes it secure and valuable. I just fear, and avoid, coins that don't take decentralization and security at their core. I only got into bitcoin because its P2P, if a coin lacks that I have little to no interest irregardless of the marketing. I just don't see the point. I'd rather promote my nation's own currency (yuck) than something an anonymous stranger has control of. Mostly agree. I think marketing is essential. Look at Dogecoin. Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. Focusing purely on development is a lethal mistake. There are now over 120 coins on marketcap, and Riecoin isn't one of them. Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!). I hope you are right. We can agree to disagree. I actually think the community and marketing is far more important. Do you really think Nike shoes function that much better than 10th placed shoe in the market, or does the marketing of Jordan, Lebron, Tiger set itself apart? HA, I hope I'm right too! . . .Ah but with Nike you're looking at brilliant marketing - brilliant marketing is hard to come by and/or very expensive. You can sell anything no matter how crappy with brilliant marketing - and Nike succeeds on its brand for sure. What I'm saying is good products don't need brilliant marketing, sure it would help, but its not necessary (good marketing is necessary, but not brilliance). For every 1 Nike, there are 10 other lesser known shoe companies also profiting because they have OK marketing and a good product. . . . |
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maxsolnc
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February 26, 2014, 07:49:59 PM |
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I love the premise of the coin. Lots of potential! Way too many coins released without the developer giving constant updates and having interaction with the community.
Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.
If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix. In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing. Mostly agree. I think marketing is essential. Look at Dogecoin. Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. Focusing purely on development is a lethal mistake. There are now over 120 coins on marketcap, and Riecoin isn't one of them. Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!). I hope you are right. We can agree to disagree. I actually think the community and marketing is far more important. Do you really think Nike shoes function that much better than 10th placed shoe in the market, or does the marketing of Jordan, Lebron, Tiger set itself apart? HA, I hope I'm right too! . . .Ah but with Nike you're looking at brilliant marketing - brilliant marketing is hard to come by and/or very expensive. You can sell anything no matter how crappy with brilliant marketing - and Nike succeeds on its brand for sure. What I'm saying is good products don't need brilliant marketing, sure it would help, but its not necessary (good marketing is necessary, but not brilliance). For every 1 Nike, there are 10 other lesser known shoe companies also profiting because they have OK marketing and a good product. . . . This. I know that Riecoin is a great coin\product, but no marketing around it at all. |
DTC: DMcKNp47fNtgM7sritK9GfJEQ1DzME5nwk
BTC: 1FgUGra685ZwkrX5VnRvfaYp4bHJhC7x4H
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gatra (OP)
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February 26, 2014, 08:50:43 PM |
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Hey Dev,
Can you contact Gliss to post Riecoin on coinmarketcap.com?
Riecoin needs a static site that displays total supply first. This will come when a block explorer comes on, which I and another user are still working on It's great that you are working on the block explorer: we really need that, and it would be cool to have a friendly way to display the prime numbers. In the meantime, I made the site that displays total supply in real time. Now WorldCoinIndex and CoinMarketCap.com are ready to add Riecoin. I didn't have contact with anyone from CoinMarketCap.com yet, but I just filled their new coin request form. Thanks and regards, Gatra |
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