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Author Topic: [RIC] Riecoin status update 2014/03/27  (Read 696 times)
gatra (OP)
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March 28, 2014, 04:07:44 AM
 #1

This week, time flyed by. But it's Thursday again (at least in some time zone it still should be) and we have some news for Riecoin:

- Our website riecoin.org was updated a couple of times
- A Mac OSX xpt miner was released https://bitcointalk.org/index.php?topic=446703.msg5931299#msg5931299
- Riecoin Foundation is growing. Site will be up soon.
- Difficulty peaked at 1712. Remember that 1857 is required in order to break the world record. As it was mentioned on the ANN thread, there are reasons to believe that Riecoin's network computing power is enough to easily break the record, but the limits imposed in order to make RIC practical as a currency as well are holding us back. This however doesn't make Riecoin less useful: we have created a repository of more than 27000 prime sextuples.
- Stratum pools are still low on hashrate (or "scanrate" as I like to put it) because the most optimized miners use the XPT protocol. Ypool works fine but it's not the only pool: upcpu has already found many blocks.

My current priorities:
- Optimized miners for stratum protocol - work still in progress
- XPT / Stratum proxy in order to use xpt miners with stratum pools - work still in progress
- then comes the updated "Riecoin Core" 0.9.0

New ideas to explore:
- Chebyshev's bias: is it large enough to use it for miner optimization? at first sight, it doesn't look that way, but it's effect may be amplified by the fact that we use prime 6tuples, not just primes... needs more research. Optimized miners use a hardcoded value for the remainder (or "offset") of their primorial, but is it the best value?
- If we'll be hardforking to include constant difficulty adjustments, maybe we could use the opportunity to include searching for 7 or 8tuples along with 6 tuples.

Best regards to all!
gatra


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refer_2_me
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March 28, 2014, 01:29:29 PM
 #2

Thanks for the update gatra.

Vote for Riecoin on comkort here: https://comkort.com/vote#RIC
It's currently in 4th place, lets bump it up!

BTC: 1reFerkRnftob5YvbB112bbuwepC9XYLj
XPM: APQpPZCfEz3kejrYTfyACY1J9HrjnRf34Y
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March 28, 2014, 04:12:58 PM
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good job

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