[ANN] RhomBit [RHOM] Great APR% *FREE* Bitcointalk Member Initial Distribution

[Almako]

RhomBit Digital Currency

Run by a public ledger known as a blockchain, all transactions must be reviewed and fully approved by equal-level nodes to be considered valid, any transactions deemed malicious, invalid, or otherwise not acceptable, are automatically rejected by peers who are constantly verifying the accuracy and legitimacy of the ledger in real-time through active running nodes.
The rules can not be broken, Any node found behaving poorly is banned from connecting for a short time in case it is a valid reason for invalid blocks.

Initial RhomBit Distribution
Want "Free" RHOM ? Rewarding Long-Term Bitcointalk Members !

Do not post this information
Send it in a Private Message
Click here to send to AlMako

Legendary Member:
75 Claims available
80 RHOM (Per User)

Hero Member
75 Claims available
40 RHOM (Per User)

Sr. Member
75 Claims available
20 RHOM (Per User)

How To Claim RhomBit:

*Eligible Users* Need to send a Private Message in this layout to Claim:
Bitcointalk Username =
Bitcointalk Position/Rank =
Bitcointalk Profile Link =
RHOM Address =

*Please include your RHOM address when sending the PM*


Distribution Spreadsheet for Current Claims: https://docs.google.com/spreadsheets/d/19rO67zaP7v_4Rmf__a9w2903CIqfpK5WsBeYz5QzFxQ

Source + Wallets
Source: https://github.com/Almako/RhomBit
Windows: https://github.com/Almako/RhomBit/releases/tag/v1.0.0.1WIN
Mac OSX: https://github.com/Almako/RhomBit/releases/tag/v1.0.0.1OSX

Coin Specs
All information for RhomBit is freely available by reviewing the source code, The standard specs are as follows:

Algorithm: SHA-256
Total Coins = Continuous
PoW:
0.1 coin - Until Block 10080
0.5 coin - Until Block 20160
1 coin - Until Block 30240
1.5 coin - Until Block 40320
2 coin - Until Block 50400
1.5 coin - Until Block 60480
1 coin - Until Block 70560
0.5 coin - Until Block 80640
0.1 coin - Block 80641+

PoS:
10,000% APR - Until Block 10080
5,000% APR - Until Block 20160
2,500% APR - Until Block 30240
1,250% APR - Until Block 40320
625% APR - Until Block 50400
312.5% APR - Until Block 60480
156% APR - Until Block 70560
124% APR - Until Block 80640
100% APR - Block 80641+




Proof-of-Stake
New coins are generated by holding them in the wallet, Users are paid for the amount of stake they have claimed in the network.




Proof-of-Work
PoW rewards Hardware Miners a specific amount of coins to secure the network while in a percentage with the staking rewards emissions.




60 Block Maturity
Newly generated coins via Mining + Minting will be available after 60 blocks have passed since the new transaction was created.




2 Hours for Deposit -> Stake Eligible
Users must wait 2 Hours without moving an input to be eligible to start earning stake and increasing balance naturally.




Unique Stake Reward System
RhomBit uses an uncommon staking system compared to the majority of other Altcoins.




Stake Rate Decreasing Weekly 10,000% APR to a Fixed 100%
The Minting rate is decided by the emissions schedule, Each input will receive a unique stake rate calculated at the time of coin generation.

Staking Parameters
RhomBit uses a custom emission system, By having both PoW + PoS working concurrently, RHOM supports a very attractive inflation model for both early and late investors.

Minimum Coin Age Required
This is the coin age required to stake, If you have held a balance in your wallet for a minimum of 2 Hours you start gaining coin weight, after Minting it is recommended to recombine inputs to have the Highest Priority for the next stake.
To lock wallet from staking, there are several options: reservebalance, Rhombit.conf use staking=0, encrypt and lock with a password or as a last resort, close the wallet.




Maximum Coin Age
The maximum coin age to stake increases indefinitely since its value is set to infinite.




Inflation Model
The high APR reward halves every 1 week (.estimated) finalization at Block 80,541, the Yearly Stake APR will reduce to a fixed 100% to help curb inflation.




Exchanges
"Coming Soon" Allows trading of RHOM.




Block Explorers
Verify transactions, view graphs and charts for network information.
http://www.findblocks.wales/explorer/RHOM
http://www.nodepow.com/explorer/RHOM




Interactive Games
"Coming Soon" Hopefully with community involvement there will be a few functioning games that allows users to bet with RHOM as currency.




MultiPool
"Coming Soon" MultiPools are a great way to increase your Altcoin holdings, Most currently offer ports for SHA256, Scrypt, x11 + Select CPU/GPU Algorithms, MultiPools scan active market prices, difficulty, and hashrate of popular altcoins and mines the most profitable coin at the moment, By using the Bitcoin gained by mining and selling these coins, users are paid out solely in their selected Altcoin (RHOM If Enabled), which are bought off the open market and aim to increase long-term upward buying pressure.




Mining Pools
www.findblocks.wales
http://www.nodepow.com
https://farm.cryptocrop.net

Twitter

Discord

[1714137806]

1714137806

[1714137806]

1714137806

[findblocks.com]

Rhombit Have Been Added to findblocks.wales We Have Moved to a new domain Name !!

www.findblocks.wales

Happy Mining

Code:

 stratum+tcp://findblocks.wales:5555 -u <WALLET ADDRESS > -p  c=RHOM

Twitter - @Findblocks - Skype - mark1@findblocks.com - Email - Mark1@findblocks.com -

Discord  - https://discord.gg/ejcBxkZ

[Nthused]

The interest rate rewards for staking do look good, usually I would have a bark but because I meet what's needed I shall be nice

[Kiosk Keith]

Any chance of getting coins for lower ranking members without mining ?

Maybe through Twitter or Discord rains ?

[notsofast]

Sure I'll stake these. People, compile your own wallet or use a VM. Just in case.

[olkah]

DEV Exchanges  

[pinoycash]

No engines detected this URL

Code:

https://github.com/Almako/RhomBit/releases/download/v1.0.0.1WIN/RhomBit-Windows-Qt.zip

https://www.virustotal.com/gui/url/b22e618094d024ed275479644533ca3e42bad7e6ee5b2b0a2d4585a9bf4af506/detection

One engine detected this file

Code:

RhomBit-qt.exe - b7aae3b57705e7866c0fb25a8884e9c4b73d81ef4f6ea23f8374362149204f6d

https://www.virustotal.com/gui/file/b7aae3b57705e7866c0fb25a8884e9c4b73d81ef4f6ea23f8374362149204f6d/detection

Looks interesting..

10,000 APR with Unlimited supply

What exchange are you planning to get listed?

[Almako]

No engines detected this URL

Code:

https://github.com/Almako/RhomBit/releases/download/v1.0.0.1WIN/RhomBit-Windows-Qt.zip

https://www.virustotal.com/gui/url/b22e618094d024ed275479644533ca3e42bad7e6ee5b2b0a2d4585a9bf4af506/detection

Looks interesting..

10,000 APR with Unlimited supply

What exchange are you planning to get listed?

Here is an excerpt of the code for Proof of Work + Proof of Stake Rewards Emissions

Ideally we will be looking at getting onto a single exchange at the start for trading RHOM, though most likely after the Initial Distribution for Bitcointalk Members has occurred, after that we shall commence our endeavors for future listings on alternative exchanges.

Code:

// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 0 * COIN;
 
    if(pindexBest->nHeight+1 <= 1)
    {
        nSubsidy = 12500 * COIN;
    }
        else if(pindexBest->nHeight+1 >= 2  && pindexBest->nHeight+1 <= 10080)
    {
        nSubsidy = 0.1 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 10081  && pindexBest->nHeight+1 <= 20160)
    {
        nSubsidy = 0.5 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 20161  && pindexBest->nHeight+1 <= 30240)
    {
        nSubsidy = 1 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 30241  && pindexBest->nHeight+1 <= 40320)
    {
        nSubsidy = 1.5 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 40321  && pindexBest->nHeight+1 <= 50400)
    {
        nSubsidy = 2 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 50401  && pindexBest->nHeight+1 <= 60480)
    {
        nSubsidy = 1.5 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 60481  && pindexBest->nHeight+1 <= 70560)
    {
        nSubsidy = 1 * COIN;
    }
	    else if(pindexBest->nHeight+1 >= 70561  && pindexBest->nHeight+1 <= 80640)
    {
        nSubsidy = 0.5 * COIN;
    }
        else if(pindexBest->nHeight+1 >= 80641)
    {
        nSubsidy = 0.1 * COIN;
    }  
      
    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}

// miner's coin stake reward based on coin age spent (coin-days)
int64_t GetProofOfStakeReward(int64_t nCoinAge, int64_t nFees)
{
    
    // proof of stake rewards. POS begins at block 20
    
    int64_t nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8);  //default 100% APR

        if(pindexBest->nHeight+1 >= 20 && pindexBest->nHeight+1 <= 10080)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 100;  // 10,000% APR
    }
        else if(pindexBest->nHeight+1 >= 10081 && pindexBest->nHeight+1 <= 20160)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 50;  // 5,000% APR
    }
        else if(pindexBest->nHeight+1 >= 20161 && pindexBest->nHeight+1 <= 30240)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 25;  // 2,500% APR
    }
	    else if(pindexBest->nHeight+1 >= 30241 && pindexBest->nHeight+1 <= 40320)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 12.5;  // 1,250% APR
	}
	    else if(pindexBest->nHeight+1 >= 40321 && pindexBest->nHeight+1 <= 50400)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 6.25;  // 625% APR
    }
	    else if(pindexBest->nHeight+1 >= 50401 && pindexBest->nHeight+1 <= 60480)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 3.125;  // 312.5% APR
	}
	    else if(pindexBest->nHeight+1 >= 60481 && pindexBest->nHeight+1 <= 70560)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 1.56;  // 156% APR
	}
	    else if(pindexBest->nHeight+1 >= 70561 && pindexBest->nHeight+1 <= 80640)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 1.24;  // 124% APR
	}
        else if(pindexBest->nHeight+1 >= 80641)
    {
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8);  //default 100% APR
    }       
   

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nCoinAge);

    return nSubsidy + nFees;
}

[olkah]

What exchanges are planning??

[grseed]

pool: http://www.nodepow.com/
explorer: http://www.nodepow.com/explorer/RHOM
Mining RHOM example
-a sha256 -o stratum+tcp://nodepow.com:3333 -u  *********************** <your wallet address> -p c=RHOM  D=** (DIFF if You use nicehash)
60 minutes payment，1% fees
OP please~
thank you~

[SweetStevia]

I guess I'll mine and hopefully stake a bit because that's the only way I can get these coins for now, attractive APR though which has tickled my fancy.

[pinoycash]

@admin what's the link to blockexplorer the 2 explorer provided can't check address balance.

[Almako]

@admin what's the link to blockexplorer the 2 explorer provided can't check address balance.

A block explorer where you can search addresses, see the Top 100 list + visual distribution graphs is in the works, it shouldn't be too long before it is up and usable.

[CjMapope]

SHA256 + 10,000% PoS
plus newbie account - no liability to dump coins and leave after first chain problem
i think any experienced altcoiner can tell whats gonna happen here....  

have fun with your forks lol

[SETTA]

Is there any other way to get coins other than being a Legendary, Hero, Senior Member ?

[UsuallyHappens]

Interesting distribution method, I must admit I haven't seen it done this way for a while.

[WolfTronCoin]

what is the launch price in the market?

[WolfTronCoin]

anyone who creates a new coin has to keep one thing in mind:
it is good that you answer the direct questions or else you should be quiet.
 you start to make coins without knowing how to present a project so better stop because the electricity of today is too expensive to play ....

[Belligerent Fool]

Why not.... if it's free then it can't hurt

[Almako]

SHA256 + 10,000% PoS
plus newbie account - no liability to dump coins and leave after first chain problem
i think any experienced altcoiner can tell whats gonna happen here....  

have fun with your forks lol

You can see how it plays out although I have high confidence that there will be no forks of any sort due to the APR.

There is still many Legendary, Hero + Sr. Member *FREE* claim positions left.

Also in regards to staking, if you are mining and have many 0.1 coin reward inputs you must recombine them to a single input so you have a higher chance of staking otherwise you will be waiting a very long time for a mint, initial distribution claims shouldn't have that problem due to having whole number balances.