[ANN] RNG Coin (RNG) - Hybrid PoW, Pos mineable crypto currency.

[kreatoralex]

This is a dead project, but someone has a coin mining, fast synchronization wallet. Someone interested in the coin.

[rngcoin]

Dear users, developing of new hybrid algorithm is almost done. Tomorrow we are going to make a first private tests.
Here is tech description:

Max Supply: 840 000 000 RNG
Premine: 84 000 000 RNG
Block Time: 50 seconds
PoW Reward: 90 RNG
PoS Reward: 90 RNG
Premine: 84 000 000 RNG
Reward decreasing by 5% each year.

Mining out in 8 years.

Min POS Age - 30 days
Max POS Age - 90 Days

[kreatoralex]

Dear users, developing of new hybrid algorithm is almost done. Tomorrow we are going to make a first private tests.
Here is tech description:

Max Supply: 840 000 000 RNG
Premine: 84 000 000 RNG
Block Time: 50 seconds
PoW Reward: 90 RNG
PoS Reward: 90 RNG
Premine: 84 000 000 RNG
Reward decreasing by 5% each year.

Mining out in 8 years.

Min POS Age - 30 days
Max POS Age - 90 Days

Will it be a swap or a blockchain snapshot and a hard fork? Or just be a new wallet?

[rngcoin]

New specifications:

PoW Reward: 90 RNG
PoS Reward: 90 RNG
Required confirmations: 6
Timestamping scheme: Proof-of-work, Proof-of-stake

Reward decreasing by 5% each year.

Mining out in 8 years.

Min POS Age - 30 days
Max POS Age - 90 Days

[rngcoin]

Currently we've negotiations with a few exchanges, soon we will make an announce. Hopefully we will listed at least into the one exchange this year.

[rngcoin]

Dear users,
due to integration of hybrid algorithm and saving the comment functions in the RNG Coin, developers changed the algorithm to SHA-256 for the technical reasons.

[rngcoin]

Min POS Age - 30 days
Max POS Age - 90 Days

Can you explain more about the min and max PoS age, please.

It's similar to Emercoin Proof-of-Stake block generation. The process of generating blocks with Proof-of-Stake is loosely referred to as minting. RNG Coin age maturity is 30 days. This means, the UTXO (Unspent Transaction Output) that added the RNG to your balance must sit unspent for 30 days before it becomes eligible to generate a PoS block. Read more

[Ethereal2]

New wallet does not see old coins. How old coins will be transferred to new blockchain ?

[TheMiningPool.mine]

theminingpool.online

RNG Coin [RNG] SHA256 Added to TheMiningPool.online!



RNG Coin [RNG] SHA256
stratum+tcp://theminingpoolstratum.selfip.com:3118 MED DIFF PORT (Deafult)
stratum+tcp://theminingpoolstratum.selfip.com:4118 HIGH DIFF PORT (for MRR and NH)


             

[nhathongkehoc]

It's similar to Emercoin Proof-of-Stake block generation. The process of generating blocks with Proof-of-Stake is loosely referred to as minting. RNG Coin age maturity is 30 days. This means, the UTXO (Unspent Transaction Output) that added the RNG to your balance must sit unspent for 30 days before it becomes eligible to generate a PoS block. Read more

Eventually, I have had better understanding on the block-rewards and PoS age of the RNG coin.
Thank you so much for the meaningful clarification.

[Zynaps]

Hi. My wallet shows this warning today:

"WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue."

Transactions and balance are correct. I've deleted all data (except wallet.dat) and resynced with the blockchain, but warning persist

[rngcoin]

Hi. My wallet shows this warning today:

"WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue."

Transactions and balance are correct. I've deleted all data (except wallet.dat) and resynced with the blockchain, but warning persist

Dear users, issue with wallets has been resolved. We've uploaded fixed wallets, please download it and install, but before this please make a backup of "wallet.dat" file. Thanks.

[kreatoralex]

New wallet does not see old coins. How old coins will be transferred to new blockchain ?

And what about old coins or are they lost?

[rngcoin]

New wallet does not see old coins. How old coins will be transferred to new blockchain ?

And what about old coins or are they lost?

Unfortunately it's not supporting anymore.

[rngcoin]

Dear users,
after the negotiations with the few exchanges we are happy to announce that STEX cryptotrading platform is accepted RNG Coin's listing. Currently we are working under the integration. Listing pairs is RNG-BTC, RNG-USDT. We hope that integration will be done before the new year. Congratiulations for everyone, it's very mportant step for the RNG Coin.

Find out more about STEX - https://coinmarketcap.com/exchanges/stex/

[VladimirN]

New wallet does not see old coins. How old coins will be transferred to new blockchain ?

And what about old coins or are they lost?

Unfortunately it's not supporting anymore.

You SCAM dev, and and all your actions are fraudulent!

[kreatoralex]

New wallet does not see old coins. How old coins will be transferred to new blockchain ?

And what about old coins or are they lost?

Unfortunately it's not supporting anymore.

You SCAM dev, and and all your actions are fraudulent!

I agree, I'm mining a coin on a scrypt algorithm. You changed the algorithm, but all mined coins should remain with the miners. It has always been like this

[ultron79]

Hey guys. Merry xmas.

Just started mining this coin few days ago with my pool. Was directed over here to post a few questions but after reading these threads have to say its kinda concerning.

My first question is price; Ive searched high n low cant find anything anywhere on value. If search the ticker (RNG) comes up as a different company. Is there no exchanges, not recognized, never been traded, ect.  Dnt understand the pre-mine requirements if some of the coins werent going to set the price.

2nd question is POS/Minting/Staking. I understand concept; use coins to mint blocks. What dont understand is what needs to be done to Mint. Is it automatic? Or do you have to setup something for it. This is all been unclear.

3rd is trying to understand prior history; what is with the bad feedback about dev's and say coins were lost?

Thanks
Keep up good work.

[WolfTronCoin]

exchange??

[Monster Jaday]

exchange??

There will be no exchange! There will be a transition to a new algorithm - maybe X11, or Lira2, or Cryptonote... Dev has not decided yet...