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Author Topic: [ANN][XRM] RieMoney: classic riecoins for you  (Read 39434 times)
LZ
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November 09, 2014, 11:00:30 AM
 #1

Hello community,

Riecoin is going to switch some blockchain parts of a protocol to incompatible with original Riecoin.
This is a mandatory update because of a hard fork required for the new superblock feature.
Please update to v0.10.2 before Nov 8th.
It's news even for me as Gatra gave users just only about a week to think what is happening here.

The creator of the project says that he expects that a hard-fork will happen since the block 156672.
Block 156672 will be the first one that breaks the old protocol, and 156816 will be the first superblock.
The current blockheight you may know on chainz.cryptoid.info/ric/. It's 155996 now. 676 blocks left.

There, on the Network tab, you can see that many users have not updated their wallets to v0.10.2.
Of course, the majority decides. But it's a bad thing if these users will be just left out as superfluous.
Thus I present to your attention a project RieMoney which supports and maintains the original client.


   
RieMoney Cryptocurrency
 
   
    Downloads:
      Node lists:
        Source code:
          Website:
           
          Technical specifications (port numbers may be changed in the future and the currency code is XRM):
          • PoW: new idea, prime numbers, not Cunningham chains
          • Blocks every 2.5 minutes
          • Block reward of 50RIC, halving every 840000 (about 4 years)
          • Cap: about 84 million RIC
          • Difficulty adjustments every 576 blocks (24hs) 288 blocks (12hs)
          • RPC port 28332, or 38332 for testnet
          • P2P port 28333, or 38333 for testnet

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          LZ
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          November 09, 2014, 11:00:45 AM
           #2

          Current list of nodes:
          Code:
          addnode=168.63.60.240
          addnode=104.40.133.65
          addnode=208.117.34.215
          addnode=67.225.172.77
          addnode=192.95.24.114
          addnode=2a01:4f8:161:230f::2
          addnode=5.9.39.9
          addnode=54.186.107.237
          addnode=97.85.150.56
          addnode=188.226.148.83
          addnode=81.27.169.82
          addnode=91.156.101.119
          addnode=107.170.207.147
          addnode=115.28.221.78
          addnode=171.96.240.7
          addnode=173.203.115.192
          addnode=207.255.141.10
          addnode=209.73.138.3
          addnode=217.79.67.246
          addnode=24.11.187.100
          addnode=67.86.53.106
          addnode=76.196.74.227
          addnode=79.143.165.193
          addnode=84.241.76.41

          Mining software:
          Pool list:
          • If you are a pool operator and use Riecoin v0.9.2 or less - you are already operating RieMoney.
            Contact me.

          Exchange list:
          • If you are an exchange and use Riecoin v0.9.2 or less - you are also on the RieMoney network.
            Contact me.

          primer-
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          November 09, 2014, 12:33:41 PM
           #3

          Is this a joke ? Why would anyone mine your branch when a new improved branch is only one update away ?
          LZ
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          November 09, 2014, 12:50:30 PM
           #4

          According to cryptoid.info 28,8% of users still use classic Riecoin.
          It's not a joke. It's not my branch. It's the original Riecoin branch.
          I'm not sure Riecoin is improved. But I'm sure that it's hardforked.

          fairglu
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          November 09, 2014, 02:07:28 PM
           #5

          According to cryptoid.info 28,8% of users still use classic Riecoin.

          Keep in mind that of those 28.8%, almost 3/4th are on 0.8.x versions which have security issues that have been fixed since, so a fair share is likely made of people who just forgot to update.
          (new version has a built-in update alert, I'm not sure about the older ones)

          dcct
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          November 09, 2014, 03:06:55 PM
           #6

          So .. what has changed? Why do we need this?

          If its just

          Code:
          Difficulty adjustments every 576 blocks (24hs) 288 blocks (12hs)

          This, then I'm out.
          LZ
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          November 09, 2014, 06:15:21 PM
           #7

          Why do we need this?
          Riecoin implements a scientific computing proof-of-work system based on prime numbers.
          It tries to prove or disprove the Riemann Hypothesis, one of the Millennium Prize Problems.

          So .. what has changed?
          Scientific Computing is great, but above all it's a cryptocurrency. The holiest part of any
          cryptocurrency is its protocol. A protocol defines trust and stability in the eyes of users.
          Gatra changed "the difficulty and the reward (subsidy) calculations" in Riecoin v0.10.2.

          If its just
          Code:
          Difficulty adjustments every 576 blocks (24hs) 288 blocks (12hs)
          This, then I'm out.
          No. 576 was in the announchment, but it was changed to 288 before the launch phase.

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          November 09, 2014, 06:25:25 PM
           #8

          Good news! It seems that now we have a logo. Cheesy

          I'd try a non-round shape to avoid confusion with zetacoin.
          Also a vague reminder of how the zeta function may look like.



          Anyone is welcome to improve on this and submit as theirs.

          junkskin
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          November 09, 2014, 09:17:37 PM
           #9

          So .. what has changed? Why do we need this?

          If its just

          Code:
          Difficulty adjustments every 576 blocks (24hs) 288 blocks (12hs)

          This, then I'm out.
          good shoot
          LZ
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          November 10, 2014, 01:50:20 AM
           #10

          good shoot
          He missed. It's something like: we have Bitcoin, but it gives us just 25 BTC, okay, let's do it 30 BTC. Shocked
          This is to let everyone know that we are doing a hard fork. Everyone should update your wallets to v0.10.2 before Nov 8th.
          We are implementing superblocks: once per week, there will be a block that will have more difficulty and accordingly more reward.

          gatra
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          November 10, 2014, 02:32:09 AM
           #11


          Nah, the total supply didn't change. The average supply per day hasn't changed. Difficulty adjustments were and will still be every 288 blocks.
          The only change is that, once a week, one block will have more difficulty (will take more time be found) and will have a larger reward. And to compensate for this, the 287 blocks that surround it will have a little less difficulty (will come every 2min16sec instead of 2:30) and have a slightly smaller reward. So everything is kept fair and balanced. To point of this is that the block that is more difficult and takes a few more minutes will have larges primes, thus breaking the world record. This won't benefit anyone in particular: expected return for miners will not change. The objective of this is breaking the world record for the largest prime 6tuple.

          Just wanted to make this clear, I'll try to stay away from this thread from now on.

          Cheers!
          Gatra

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          LZ
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          November 17, 2014, 09:00:30 PM
           #12

          Now that I think of it, there may be some interest on people who hold RIC to
          keep the old fork alive and have it accepted on an exchange: they would be
          allowed to dump their coins from the old fork without affecting their holdings
          on the new fork.
          Yes, it's possible. So I'm going to implement a blockchain catch-up technique.
          (Or I'll ask someone of my old bitcoin friends, because I'm stuck on the v0.3
          Bitcoin code base and I'm not very good at the current Bitcoin source code.)

          Here's how it will work.

          1. The client sees the existence of a long blockchain, which it can not accept.
          2. It starts to play Tag with two players trying to "tag" the longer blockchain.
          3. It collects only those transactions which inputs are stored in its new blocks
          (starting from the fork block) and all transactions with old inputs are ignored.
          4. It gets a block from the long blockchain and imports all transactions which
          are compatible with its blockchain (generation transactions aren't compatible).
          5. It tries to mine a block with imported transactions. If there's enough space
          in the block (1 MB max) to include its collected transactions - it includes them.
          6. The game is repeated as long as there is a longer incompatible blockchain.
          7. If its compatible blockchain reaches a large enough height and a sufficient
          difficulty that victory is obvious - the old blockchain is "tagged" and the game
          is over. From this moment the incompatible blockchain may also start to play.

          Hopefully, I came up with something reliable. Please, check it for pitfalls.

          FAQ

          Q: Can I mix my old coins with new coins from the incompatible blockchain to
          sell them as coins of the compatible blockchain?
          A: No, you can't. Your transaction will contain inputs of new coins which were
          created in the incompatible blockchain. There're no such coins in the new one.

          Q: Can I mix my old coins with new coins from the compatible blockchain to
          sell them as coins of the incompatible blockchain?
          A: Same here. Your transaction will not be accepted.

          Q: Can I just sell my old coins as coins of the compatible blockchain?
          A: You can sell these coins just as coins of the incompatible blockchain. Such
          coins are compatible and your transaction will be imported to the compatible
          blockchain (if it contains only compatible old inputs).

          Q: So I can't double-sell my old coins, right?
          A: Yes, that's correct.

          Q: But I can sell my new coins. Yes?
          A: Yes, you can sell your new coins from the incompatible blockchain as coins
          of the incompatible blockchain and you can sell your coins from the compatible
          blockchain as coins of compatible blockchain. It's really simple as you can see.

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