1. Introduction
How Redstone can solve sharding. Hi, I’m Toni Dumančić, lead developer of Redstone. For my implementation of sharding, the transaction will be sent from the main wallet chain, and it will be transferred to the chain with the least amount of transactions present. The miner will be able to choose what chain to mine, and most will choose the chain with most transactions, since they get paid for it. But people who choose the chain with the least transactions will get paid better (eg. if is 30% less load, 30% better paid). We want three chains because transactions will go through quicker and smoother, therefore we reduce transaction times.

2. How will work in short terms
I have written about how sharding will work Redstone will have 3–50 blockchains at the same time. Now let's look at Ethereum ethereum will divide blockchain into 64 shards, Redstone will do the same thing but with more blockchains so that means Redstone will achieve better scalability and security of the network. The network will be divided into 50 blockchains that will be divided into 64 shards every node will sync only the blockchain they need but masternodes will sync the whole network to ensure data will not be lost. Redstone will use proof of stake protocol. This is our system of achieving scalability of blockchain and cryptocurrency. This is still under development and it will take a long time to make it we have just a few devs that are working part-time on this project if you will like to invest in this project and support the development. https://commerce.coinbase.com/checkout/cd955503-66ac-490c-a4d7-c908a672582a With this we can expect 5m tx/s

3. Why Will Redstone Have smart contracts
If we succeed wtih funding and developing Redstone we will implement a smart contract because we think with this kind of space for Redstone Network we can easy get 10x better scalability and security of the whole network then ethereum, because network is big smart contracts can be built on top of Redstone

4. Funding
Until Redstone Network get funded for development Redstone will be Ethereum Token, not an ICO so people can trade it and it will get value when we launch the Redstone network.
Why we need funding?
We are just a few part-time devs that are maintaining Redstone project funding will help with hiring developers.

5. Fees and Premine

Redstone will not have premine except swap, For fees Redstone will have small fees for dpos os pos algorithm but we will not have high fees and always we will try to get as small fees as possible.

6. Specs for multiblockchain (not done)
Name: Redstone
Ticker: RS
Block time: 3-15 sec per blockchain
Blockchain: 3-50 and more if needed

7. Documentation
Website https://redstone.crypto.ba/
White Paper: https://docs.google.com/document/d/1Lw0xZAfFFx6nv8ep60ct65uhdLd4oBX-h3lUtTF6OlY/edit?usp=sharing
Discord Community:https://discord.com/invite/mRNyCskUjp
Twitter:https://twitter.com/redstonecrypto1

How Redstone can solve sharding. Hi, I’m Toni Dumančić, lead developer of Redstone. For my implementation of sharding, the transaction will be sent from the main wallet chain, and it will be transferred to the chain with the least amount of transactions present. The miner will be able to choose what chain to mine, and most will choose the chain with most transactions, since they get paid for it. But people who choose the chain with the least transactions will get paid better (eg. if is 30% less load, 30% better paid). We want three chains because transactions will go through quicker and smoother, therefore we reduce transaction times.

I have written about how sharding will work Redstone will have 3–50 blockchains at the same time. Now let's look at Ethereum ethereum will divide blockchain into 64 shards, Redstone will do the same thing but with more blockchains so that means Redstone will achieve better scalability and security of the network. The network will be divided into 50 blockchains that will be divided into 64 shards every node will sync only the blockchain they need but masternodes will sync the whole network to ensure data will not be lost. Redstone will use proof of stake protocol. This is our system of achieving scalability of blockchain and cryptocurrency. This is still under development and it will take a long time to make it we have just a few devs that are working part-time on this project if you will like to invest in this project and support the development. https://commerce.coinbase.com/checkout/cd955503-66ac-490c-a4d7-c908a672582a With this we can expect 5m tx/s


-Toni Dumancic Lead Redstone Developer
http://redstone.crypto.ba/

[ANN] [CPU ONLY] RedStone [SHARDING]
How Redstone can solve sharding. Hi, I’m Toni Dumančić, lead developer of Redstone. For my implementation of sharding, the transaction will be sent from the main wallet chain, and it will be transferred to the chain with the least amount of transactions present. The miner will be able to choose what chain to mine, and most will choose the chain with most transactions, since they get paid for it. But people who choose the chain with the least transactions will get paid better (eg. if is 30% less load, 30% better paid). We want three chains because transactions will go through quicker and smoother, therefore we reduce transaction times. This just a theory for sharding. Redstone is for the time being a normal coin, but I will try to implement this.Also network can decide if there is overload to open new chain with same concept with formula:.i = [(t/(nkc))/c]^

Where is the amount of new chains, t is the current network transactions per second, n the number of nodes, k is the tps increase of each node and c is the current nodes

Gui wallet https://github.com/RedStoneCoin/Redstone-wallet-shell/
All coins from this cryptonight network will then be swiched over to the new codebases network after developemnt has finished.
RedStone
(Cryptonight based Network)
Name: RedStone,
Ticker rs,
Block Time: 20 ces,
Block reward: 0.5 rs,
Mining Algo: CN TRTL/PICO,
Decimal Places: 6,
Minimum Fee:0.000025 rs
Target Value:1 GBP

Links[/u]
Website: http://redstone.crypto.ba/
Whitepaper:http://redstone.crypto.ba/W.pdf
MultiBlockchain Whitepaper: https://docs.google.com/document/d/1Lw0xZAfFFx6nv8ep60ct65uhdLd4oBX-h3lUtTF6OlY/
Discord: https://discord.gg/xbUMRUuh4D

Github: https://github.com/RedStoneCoin/

Block Explorer: http://redstone.crypto.ba/explorer/index.html

Thanks, I'm 13

If you really want to see my face look me on instegram

[ANN] [CPU ONLY] Avrio - Tomorows money today! [SHARDING] [PoN]
How Redstone can solve sharding. Hi, I’m Toni Dumančić, lead developer of Redstone. For my implementation of sharding, the transaction will be sent from the main wallet chain, and it will be transferred to the chain with the least amount of transactions present. The miner will be able to choose what chain to mine, and most will choose the chain with most transactions, since they get paid for it. But people who choose the chain with the least transactions will get paid better (eg. if is 30% less load, 30% better paid). We want three chains because transactions will go through quicker and smoother, therefore we reduce transaction times. This just a theory for sharding. Redstone is for the time being a normal coin, but I will try to implement this.Also network can decide if there is overload to open new chain with same concept with formula:.i = [(t/(nkc))/c]^

Where is the amount of new chains, t is the current network transactions per second, n the number of nodes, k is the tps increase of each node and c is the current nodes


All coins from this cryptonight network will then be swiched over to the new codebases network after developemnt has finished.
RedStone
(Cryptonight based Network)
Name: RedStone,
Ticker rs,
Block Time: 20 ces,
Block reward: 0.5 rs,
Mining Algo: CN TRTL/PICO,
Decimal Places: 6,
Minimum Fee:0.000025 rs
Target Value:1 GBP

Links[/u]
Website: http://redstone.crypto.ba/
Whitepaper:http://redstone.crypto.ba/W.pdf
MultiBlockchain Whitepaper: https://docs.google.com/document/d/1Lw0xZAfFFx6nv8ep60ct65uhdLd4oBX-h3lUtTF6OlY/
Discord: https://discord.gg/xbUMRUuh4D

Github: https://github.com/RedStoneCoin/

Block Explorer: http://redstone.crypto.ba/explorer/index.html

RuxCrypto cryptocurrency with the power of community. This is a coin that gives power back to its users!
rxc.crypto.ba

How it will work?
How Redstone achives scalablity via a sharded setup. For our implementation of sharding, a transaction will be sentby a user, to the chain with the least amount of pending transactions. As miners can choose what chain to mine and so would neglect the smaller chains (less txns = less reward) we will require merge mining, meaning the miners use the same resorces but mine on all the chains at once. There will be three chains because transactions will go through smoother and faster than with one, therefore reducing transaction times. Please note this is currently still a thesis and NOT a tested system, if you have any ideas or concerns please open an issue.

Meet RedStoone, the decentrilised scalable cryptocurrency that acts like real money! RedStone is being writen from the ground up to integrate an all new Proof of Node sharding based system, alowing true scalability. Pairing this with super low but adaptive emmision RedStone aims to become a stable, valuable coin. This brandnew code base is still being written and in order to build up the userbase a cryptonight based fork is being launched. This cryptonight fork will the cn trtl algo to ensure cpus are still a profitable mining tool while not blocking out gpus and pools! All coins from this cryptonight.Good Coin check it out
Avrio
(Cryptonight based Network)
Name: RedStone,
Ticker Rs,
Block reward: 0.5, rs
Mining Algo: CN TRTL/PICO,
Decimal Places: 6,
Minimum Fee:0.00005 rs
Target Value:1 GBP

Links[/u]
Website: https://www.red-stone.me/
Whitepaper: https://www.red-stone.me/whitepaper.pdf
Discord: https://discord.com/invite/eZbfT96
Twitter: https://twitter.com/RedStoneCrypto1
Github: https://github.com/RedStoneCoin/redstone/releases/tag/1.2.1
Gui wallet: soon
Block Explorer: http://explorer.red-stone.me/