[ANN] Ritocoin [RITO] PoW GPU Mining | Assets | Masternodes | No Pre-Mine/ICO

[Ritocoin]

I am pleased to announce that the Ritocoin Core wallet version 2.2.0.2 has been released.



This release includes the chain split security update as well as numerous other important bug fixes and improvements.

If you have been having trouble getting your Ritocoin to sync to the network, this release should solve all problems.

If your local chain has trouble syncing with this new update, please start it with -reindex and then it is sure to work.



Download the source code or binaries for your favourite operating systems at

https://github.com/RitoProject/Ritocoin/releases/tag/v2.2.0.2

Join our discord
https://discord.gg/UMA6ScT

A new exchange just list us : https://wadax.io/trade/RITOBTC
We do not know much about this exchange, so as always, please use this exchange with caution.

For more information about the exchange you can follow them on:

Twitter: https://twitter.com/WadaxExchange
Telegram: https://t.me/WadaxExchange
Discord: https://discord.gg/ZKYwjTK

https://wadax.zendesk.com/hc/en-us/articles/360023223651



This is a total of 3 exchanges

• Safe Trade exchange: https://safe.trade/trading/ritobtc
• Cratex exchange: https://cratex.io/index.php?pair=RITO/BTC
• Wadax.io: https://wadax.io/trade/RITOBTC

[Ritocoin]

Safetrade have the highest volume and we had no issues with them.

They are good people.

The latest Ritocoin v2.2.0.3 wallet has been released.

This is an important release and contains the new consensus rules that change the block reward emission schedule.

We have prepared a page that explains what the new reward schedule will be and have included some nice graphs courtesy of @dr-algo who did all the math and coding for this new schedule.

You can see those graphs at https://ritocoin.org/docs/rewards.php



Please update your wallet at your convenience. You have until around March 19th before the new reward reductions begin.

Download the wallet at https://github.com/RitoProject/Ritocoin/releases

I posted this tool that can be used to compute future and past block rewards for Ritocoin

https://github.com/traysi/rito_emissions

[mondeo.96]

block 157,081 - When it will be?
I wonder how long it will take 5,000 coins

[Nvid]

Learn more on what are current talks and changes in the community and overview of the Ritocoin project updates in the following Medium article:

https://medium.com/@ritocoincommunity/who-am-i-eb57d0fc8ad2

Below is the start of of the article:

Who are we?
We are trying to build a truly community driven project. It is not ours to give every voice a chance to be heard because it is the most basic yet essential of human rights and it resides within us all. We are building the playground of the mind. We are the dreamers, the builders of tomorrow and the misfits of today.

What are we?
Bitcoin continues to inspire, empower and enable people around the globe. Ten years later, just as it seemed Bitcoin was being defined by commercial agents and regulated governance, that same free and independent spirit imbued the Ravencoin community. In ten short months, 30% of the Ravencoin project’s net hash comes from Nicehash and the looming impact of the imminent FPGA mining cards and bit streams certainly promises to shake up the dream of this GPU miner’s darling.

...

[mymerlia]

CMC is soon ?

[Quangcrypto1]

That is not even the official ANN.  It was the first announcement but it was created by a community member named Ritocoin.
 
Please read here what has transpired: https://ritocoin.org/docs/whitepaper.pdf

Basically, Ritocoin is not suited to run the Discord channel and therefore the key members of the community have migrated servers to avoid having Kai at the helm of the server. 

Here is the link to our new discord server https://discordapp.com/invite/5c9wHmy

Dropped by and gave us a lot of insights into the future of Ritocoin.  I've added a lot of the tidbits into the summary above but I know I missed a bit.  Come on into the server to get it all.

I'll be keeping this post updated for the future. 

Thanks for your support !!!

[Huucrypto1]

That is not even the official ANN.  It was the first announcement but it was created by a community member named Ritocoin.
 
Please read here what has transpired: https://ritocoin.org/docs/whitepaper.pdf

Basically, Ritocoin is not suited to run the Discord channel and therefore the key members of the community have migrated servers to avoid having Kai at the helm of the server. 

Here is the link to our new discord server https://discordapp.com/invite/5c9wHmy

Dropped by and gave us a lot of insights into the future of Ritocoin.  I've added a lot of the tidbits into the summary above but I know I missed a bit.  Come on into the server to get it all.

I'll be keeping this post updated for the future. 

Thanks for your support !!!

Thanks you, more infornation !!

[Nvid]

This is the official announcement thread of Ritocoin!

Our latest discussions regarding masternodes:

"If you are already familiar with our website, discord or whitepaper, you are probably aware that masternodes had been proposed as a feature of the network from the beginning. This opened the door to ongoing discussions in the Ritocoin community regarding

● A masternode’s true purpose

● What benefit they provide to the project

● How the benefit is realized

● The collateral

This discussion, governed entirely by stakeholders across the extended network yielded a defining moment for our vision of flexibility. We have not yet found the potential utility of masternodes, however, the conversation has not reached an extent to where we could abandon the idea. To quote one of our developers during this discussion on our Discord":

“Just want to give a reminder here that even though masternodes are on the roadmap, it is not set in stone. This coin belongs to the community and we will do what we as a community want to do. If we conclude that we want to take this coin a different direction than masternodes, then that is what we’ll do.”

Ritocoin Covers Your Assetssets

The Ritocoin asset layer went live at block 50,000. Once activated, this feature gives anyone with at least 500 RITO the ability to issue a unique token to the Ritocoin blockchain.

Use cases for assets are limitless. With mobile wallets supporting assets in the future, coupled with the eventual activation of the token-holder messaging feature, new horizons for development are ready to be explored.

With the powers of decentralization and an open distributed ledger, a fair distribution of resources, and the trustless, transparent nature of Ritocoin, assets could manifest new ways of benefiting from cryptographic technologies such as cryptocurrencies and tokenized assets.

Here is a short, and far-from-exhaustive list of ideas where assets could be seen in the future.

· Commodities

· Property

· Sport cards

· Games

· Fiat

· Agriculture

· Audit

· Software

· Energy

· STO

· Contracts

Read more in the following article: https://medium.com/@ritocoincommunity/ritocoin-covers-your-assets-c972ad32c63a

[Ritocoin]

Join the Ritocoin AMA at reddit's r/gpumining community.


https://www.reddit.com/r/gpumining/comments/at8uqb/ritocoin_a_100_community_driven_project_based_on/

[NDX-AKA]

So this is about the mining projects? good enough see some active community helped to provide information to the other, by the way I don't see your road map on the site, I want to review more about plan what you will do in the future.

[Nvid]

So this is about the mining projects? good enough see some active community helped to provide information to the other, by the way I don't see your road map on the site, I want to review more about plan what you will do in the future.

You can find a graphic of the road-map of Ritocoin on previous posted here<page 8> comment #149.

CMC is soon ?

There is a reliable exchange where you can trade Ritocoin: https://safe.trade/trading/ritobtc
Main dev of SafeTrade is active on Rito Discord and always ready to provide answers to your needs: https://discord.gg/aPj2Fyh

block 157,081 - When it will be?
I wonder how long it will take 5,000 coins

You will notice that the block reward is scheduled to start curving down at height 157081. That is about ~35,000 blocks from now which will occur around March 19th.
You can read more on this topic in: https://ritocoin.org/docs/rewards.php


Ask us anything in the Reddit ongoing AMA:
https://www.reddit.com/r/gpumining/comments/at8uqb/ritocoin_a_100_community_driven_project_based_on/



Official community fund wallet address:

jdRbWCgeJ6hJXbPLLvABkydaBWkS73rX8J

https://insight.ritocoin.org/address/jdRbWCgeJ6hJXbPLLvABkydaBWkS73rX8J (QRcode and link to RITOCOIN Explorer)

More infos about it next week!

Ritocoin community meeting 1st March 2019

Dear new comers, miners, members, all of you Ritocoin supporters!

Let's organize a small meeting where you can ask any questions on #ritodev channel in our Discord: https://discord.gg/PUqkDYr.
It is as well an opportunity for team Rito to check the ongoing tasks all together.

We try to please most timezone, @traysi the lead dev will be there @2am and 2 pm GMT.

Have a nice crypto week!

https://cdn.discordapp.com/attachments/514541076527185950/549518922744070144/unknown.png


The Ritocoin dev team is pleased to announce the release of version 2.2.2.0 of the Ritocoin wallet. This release brings us up to date with Ravencoin's latest release, and also contains numerous improvements contributed by the Ritocoin team.  This new release has substantial improvements to the chain syncing performance, and also uses much less memory. Asset indexing is now disabled by default so if you want to run explorer type services for assets, you will need to enable that index. Regular users will not need to change anything in their settings. Download the latest version at https://github.com/RitoProject/Ritocoin/releases/tag/v2.2.2.0

[Ritocoin]

The 2.2.2.0 wallet was released a couple days ago.

It incorporates a gigantic number of achievements courtesy of Ravencoin and in collaboration with Traysi.

We keep finding issues and improvements to RVN and we work with them via Traysi to get them fixed and resolved.

Those improvements get put into the main Ravencoin codebase and then we bring them on over into Ritocoin.

Our plan has been to fork Ravencoin and not stop there, but continue to collaborate with them to improve that chain, and then continue to follow Ravencoin code at Ritocoin.

We have a really good process here for incorporating all new Ravencoin improvements into our own codebase.


I feel very positive for the future.

Messaging will be added to the asset codebase very soon, maybe within a month.
You will be able to send messages to the holders of your assets. That is going to open the doors to surprising and innovative ways of using assets.

2.2.2.0 also significantly improved performance and memory utilization. Traysi led the charge on that one, helping track down why Ravencoin/Ritocoin was using more memory than it should. The asset layer underwent substantial changes to improve this.




Following our community meeting please found below a quick sum up.
Full conversation is on discord #ritodev

https://discord.gg/PE8dZUZ

What are team next move


The next big milestone is the pi/2 day when the block reward reduction starts. We are just over a fortnight away from that event and it is going to be a big event. I will be spending a lot of time leading up to that continuing to test and scrutinize our code to make sure it will work flawlessly. Once we get past that and all the pools hang in there without problems, I will be relieved and ready to move on to further developments.

The block reduction has been tested on the RITO testnet.  No issues observed.



Then future development

    messaging in assets layer

    android wallet for ritocoin

    asset explorer made.

    Ledger support
 



Interesting ideas that came

    Time lock, somthing to investigate

    Masternode, the channel #masternodes has the ongoing conversation. Other than the conversation we have been having, we are not currently developing the masternodes. It is something we like and want to do but the details are still off into the future.
   
    During asset creation let people decide if they want to donate to dev fund (or community fund)

    Asset exchange



Community

    The community fund should be used for community purposes and let's use the dev fund for developments.
   
    We would love to see some people work on the wiki, We could really benefit by having lots of tutorials and FAQs on that wiki
    This is a huge opportunity for us to make Ritocoin accessible to people who want to learn but need a tutorial

    Youtube tutorials on how to make assets, send them, generate manual addresses and sign transactions and all that
   

[Ritocoin]

Please find below the new asset explorer thanks to Scotty

https://ritocoin.asset-explorer.net/

[microg]

Ritocoin Pool

https://nosuchpool.cloud

Code:

 -a x21s -o stratum+tcp://nosuchpool.cloud:3223 -u <WALLET_ADDRESS> -p c=RITO 

fee : 0,3%

No registration required

Payouts: every 1 hour

Dedicated port

NiceHash compatible

[willy35]

Hard to resist to buy new gpu, those RTX are so sexy, any recommandation for RITO, what new GPU you guys are using ?

[Ritocoin]

Hello the wallet is stuck for me at block 64101 left. I tried already downloading blockchain a few time, with no luck.

https://ibb.co/31fgyQM.

Image in link. Didn't know how to add it to post.

Hi,

You can try to solve your issue by reading our wiki https://wiki.ritocoin.org/wiki/Common_Sync_Problems

or

You can join our discord, we will be more than happy to help you !

[CryptoInformant]

Hard to resist to buy new gpu, those RTX are so sexy, any recommandation for RITO, what new GPU you guys are using ?

Im using a gtx 1070 atm and have been able to mine a decent amount of RITO over the last month or 2, block reward halving is happening in about a week

[willy35]

Have a look to Vidulum web wallet new features and layout, supporting RITO.

Point of Sale system started with RITO supported !





https://vidulum.app/

[Ritocoin]

Our Android wallet for Ritocoin has been released.

This is a fork of the Breadwallet code that was used in numerous other coin project wallets, including Ravencoin.

It is fully functional, supports 12 word seed wallets, sends and receives funds, etc.

Asset support is NOT supported in this wallet but will come in future releases.

You can download the wallet for your Android phones and tablets at https://play.google.com/store/apps/details?id=org.ritocoin.aw

Hi everyone,

Regarding the block reward change, it is currently due to change on Tuesday, March 19th at about 12:30pm UTC (8:30am EDT, 5:30am PDT)

[willy35]

Check this guys, icemining.ca ❄ the cool pool RITOCoin 0% fees all weekend 

Hi everyone,

Regarding the block reward change, it is currently due to change on Tuesday, March 19th at about 12:30pm UTC (8:30am EDT, 5:30am PDT)

We are so so close now, eager to see it happening !