Ritocoin latest announcements during Q2

- Bounty for Website redesign
- Ritocoin has been launched on CryptoBridge
- Multi-currency SafePay wallet that supports Ritocoin - iOS/Android versions
- Successfully transitions to exponential block reward reduction
- Android wallet for Ritocoin has been released

4,746 RITO in latest block hit by MinerMore

Less than a week left till big day pi/2

Ritocoin Android mobile wallet was released yesterday - https://play.google.com/store/apps/details?id=org.ritocoin.aw

Around 11 days left to halving.

Asset explorer is particularly created for checking transactions on assets layer. If you would like to learn more what are assets, here is a good read for you created by the community of Ritocoin - https://medium.com/datadriveninvestor/ritocoin-covers-your-assets-c972ad32c63a

Asset explorer features:

Total assets
Search bar — search by asset name or holding address
Assets list
Recent activity — transfer, create, reissue and etc
Assets overview
Asset balances
Asset transactions

Let us know if you need more help on the topic.

There is now an asset explorer available for Ritocoin. You can access the explorer at https://ritocoin.asset-explorer.net/ and read creator recent interview in the link below.

https://medium.com/@ritocoincommunity/ritocoin-asset-explorer-99e1d36523f1

Ritocoin - https://ritocoin.org/

How to mine Ritocoin - Easy short guide: https://minermore.com/docs/help/ritocoin/

How to start on minermore pool:

Here is how to mine Ritocoin using an nvidia GPU or rig of GPUs

You can mine using either Windows or Linux. Personally, I prefer Linux and I use Ubuntu 16.04 on all my rigs. Windows works fine, too.

First, you need to make sure you have the right drivers. Download those at this page on nvidia.com. There is a library called CUDA that mining software is built against, and your driver must match the CUDA version of the miner you download. If you are using the very latest nvidia driver, then you will want to use the CUDA 10 version of the miner. If you try a miner and get a CUDA error, try using the 9.2, 9.1 or 9.0 version of the miner.

Once your drivers are running, you can now download and run your mining program.

The open source miner is ccminer/x21s. Be aware that it does not get anywhere near the same performance as the closed source ones shown below.

Most people use either t-rex or z-enemy. Tests done by the MinerMore sysop in mid November showed t-rex was the fastest x21s miner available. Later versions since then have been published and we plan to continue to do periodic tests. For now, we recommend you use the latest t-rex miner.

download t-rex here.
Download z-enemy here

Note that both of these closed source miners have a dev fee. They will mine for a certain percentage of time for the people who released those programs. Currently, the increased hashrate that they provide more than compensates for the dev fee.

Now that you have installed your miner, you can start to mine. If you already have a Ritocoin address, you can use it as your username in the miner. If you don't want to setup a Ritocoin address yet, you can create a username on the MinerMore website and then use that username as your mining address. If you go that route, see our earnings page that explains how to do withdrawals.

Now that you have your mining address and your miner downloaded, run it like this:

t-rex -a x21s -o stratum+tcp://pool.minermore.com:4545 -u username.worker -p x

Replace username with your wallet address or website username. You can replace "worker" with the name of your rig. This way you can track the performance of each rig separately on the website.

Within a couple minutes you will start seeing reports appear on the website. To find your report, enter your username in the top-left search box and press enter, and it'll come right up. Be aware that you need to mine for several minutes before you start seeing realistic performance data. It takes time for the pool to start collecting your shares so it can figure out how fast you're mining.

A better way: config file with auto-failovers

We have prepared a ritocoin.conf file that you can use with t-rex. Download this ritocoin.conf file, open it in notepad to change your username in all the pool lines, and then start t-rex like:

t-rex -c ritocoin.conf

This config file will mine to the main MinerMore pool and will failover to the other stratum servers on our pool if the first one ever fails for whatever reason.

Alternative batfile approach: If you're on Windows, you can make a bat file that will start the miner and fall back on different stratums if one fails. Create your bat file like this:

@echo off
cls
:start
t-rex -r 0 -a x21s -o stratum+tcp://pool.minermore.com:4545 -u .worker -p x
t-rex -r 0 -a x21s -o stratum+tcp://eu.minermore.com:4545 -u .worker -p x
goto start


Just run that it'll loop through all the stratums if any should fall off. Speaking of stratums, we have a number of different servers you can connect to for mining here. They all report the shares back to the same place, and the block reward is shared among all the MinerMore pool servers, so it doesn't matter which one you mine to. Pick the one closest to your location.

If you're running Linux, you can just run the miner from the shell, or make a shell script that starts the miner. A good shell script might look like:

#!/bin/bash

while [ true ] ; do
./t-rex -r 0 -a x21s -o stratum+tcp://pool.minermore.com:4545 -u .worker -p x
./t-rex -r 0 -a x21s -o stratum+tcp://eu.minermore.com:4545 -u .worker -p x
done


Once you're all setup and mining, you can tweak your settings. Generally you can save money without sacrificing much hash rate by running your cards at 60% power. So for a 1080ti card that runs at 250W, you can run it at 150W. You can change the power usage on Linux with the command:

sudo nvidia-smi -pm 1 ; sudo nvidia-smi -pl 150

Change the 150 above to whatever watts you want your card running at. If you're on Windows, download Afterburner and use it to control the settings. You can also play around with changing your clock and memory speeds if you're feeling adventurous. x21s is the algorithm that Ritocoin uses for hashing, and it can be... interesting. It rotates through different algorithms for each block, so some blocks you get a higher hashrate than others. It can also be very stressful to your power usage, so be sure you have plenty of power available to your system.

Hey all. Check out git hub there is a new wallet release of Ritocoin.

https://github.com/RitoProject/Ritocoin/releases/tag/v2.2.2.0

You are not late project is at its starting phase of releasing its true potential. New features by the community and development are on their way. As I said community is very alive and proactive. Visit our Discord to become part of it.

Hello all,

This is probably one of the best times to mine and support Ritocoin. Due to reducing block rewards in a month and no any active marketing campaign this coin(very low difficulty) and the same time very active community and development is a very attractive project to be mined and invest.

Check more about the project and ask development team anything at the ongoing AMA in Reddit:

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

If you love GPU mining join our RIOT in RITO!!!

Discord for support/ideas: https://discord.gg/5whPyP4

HAPPY MINING RITO!

How to mine Ritocoin - Easy short guide: https://minermore.com/docs/help/ritocoin/

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

---

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


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!

---

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

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.”

---

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

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.

...

Cratex will list Ritocoin next week. - https://cratex.io/

Stay tuned as more and more exciting news are coming for Ritocoin in 2019!

Asset layer is working as expected. Did you have fun already making one?

Please add the new t-rex-v0.8.3

Please why you ignore this!

When we will see Z-ENEMY VER 1.22 with Cuda 10.0 version on SMOS?