[ANN][XRM] RieMoney: classic riecoins for you

[LZ]

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: RieMoney files (will be soon) Riecoin v0.9.2 files Riecoin v0.9.1 files Riecoin v0.8.7 files Riecoin v0.8.6 files Node lists: https://chainz.cryptoid.info/ric/#!network Source code: https://github.com/riemoney/riemoney Website: http://riemoney.org/

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]

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:

• xptMiner by dga (github) (pool)
• cpuminer rminerd v3.1.1 (solo)
• cpuminer rminerd v3.0.0 (solo)

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-]

Is this a joke ? Why would anyone mine your branch when a new improved branch is only one update away ?

[LZ]

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]

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]

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]

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.

[LZ]

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

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]

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]

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.

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]

Gatra changed "the difficulty and the reward (subsidy) calculations" in Riecoin v0.10.2.

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

[LZ]

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.