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Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 08/03/2014, 16:51:00 UTC
I sold my coins, no pools = no future  Sad
I'm setting up a pool once stratum-mining is implemented... and that's being worked on...   Smiley

Also: Does anyone have 8k coins they want to dump? If not, we are staying above 0.0006 for a while!  Smiley

Apparently setting up a pool for Rie is extremely difficult. Also I wish the developer was more active here, so that is why I decided to just sell and move on.

I wish the best luck for everyone!  I will be joining the Heavycoin train.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 08/03/2014, 15:53:42 UTC
I sold my coins, no pools = no future  Sad
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 23:56:01 UTC
Cryptsy is next, hopefully they will remove the coin voting system.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 21:27:08 UTC
This coin have nothing new
I dunnot undestand


you are wrong, actually is one of the few coins with new code in it and a good developer behind.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 20:56:55 UTC
the coin is a lot more valuable now, this will bring the attention of a lot of pools
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 14:16:21 UTC
Probably lots of people on here today, so I'll ask again. . . Pumps are fun, but lets create lasting value for Riecoin - help out with anything below and we'll gladly add you to the list with thanks!

Things You Could Help With Right Now

- get more pools operating
- create open source stratum-mining (Guru Gatra working on)
- finish block explorer (3v1l working on)   
- create p2pool mining  (ThePeePs working on)

- help get listed on cryptsy (vote and share the link to tell everyone!)
- help get listed on BTER (vote and share the link to tell everyone!)   
- have the website redesigned (northranger79510 working on)
- post details about Riecoin in math focused forums
- post details about Riecoin in crypto focused forums
- create an Android wallet
- create a Mac wallet
- create GPU miner
- create a way for people to view the resultant data from Riecoin
- create a live stat "speedometer" that redlines at world record breaking primes and explodes
- contact notable mathematicians/departments worldwide and see if they'd be interested in endorsing or commenting on Riecoin
- make a press release about RIC to be sent to math/science based publications
- compile email list of math and science publication email addresses for press release submission
- create press release for potential merchants
- compile email list of potential merchants (math and science focus first)
- create a faucet (percentage by donation so its always running)
- think of a fun giveaway and ask for donors to make it happen
- create Tor pages and presence
- blog about Riecoin
- finish Wikipedia entry
- start a foundation for bounties and contests
- create paper wallet generator (surfer43 working on)
- create and maintain a list of what needs to be done (remi stevens working on)



That was not a pump!

http://www.btc38.com/general/916.html

translates to:

Dear Customer Hello everyone: the long-awaited era finally planned new currency trading on the line. This time we bring you a three-currency transaction, the transaction will be opened at around 21:00 pm , they are: 1, Riemann currency RIC RIC stands for riecoin, Chinese coins called Riemann, released on February 11 Day, is a fully-fledged quality new currency. Currently, the number of miners in foreign currency-known mineral pool ypool more than 20,000, has the line in foreign mintpal and Poloniex and other trading platforms. RIC very little promotion in the country, but in foreign countries are still relatively popular, RIC and XPM somewhat similar, is performed by calculating the scientific mining primes way, thus avoiding wasted mining operator force, however, RIC's algorithm XPM carried out on the basis of certain improvements, said to be more efficient than xpm find prime numbers. RIC is the total amount of 84 million, one block every 2.5 minutes outputs, each block contains 50 RIC as a bonus, this figure will be halved every four years (equivalent to the basic parameters LTC), which also led to the pre-mining difficulty RIC is very large, less production. Currently, the price of each RIC on the foreign exchange market is about 1.9 yuan RMB. Bit era Riemann establish a dedicated investment currency exchange group: 376 123 691 Welcome to 2, Billy currency BIL this currency for all of us, may be more familiar with some, Billy coins released in December 2013, can be considered a second new currency . Billy currency English called BillionCoin, meaning that ten billion dollars, as the name suggests, its output is 10 billion, and Billy currency initially blocks, each block randomly generated from 1 to 100,000 BIL, production will be about 69 days halved, block production the other day, BIL's just down to the 1 to 50000 BIL. At present, BIL has a trading platform in support of domestic and foreign trade, the current price of each BIL approximately 0.0006 yuan. Billy bit era to establish a dedicated investment currency exchange group: 246 052 868 Welcome to 3, gold coins YBC gold coins are the first domestic cottage currency in the true sense, if only to compare and domestic currency, which has the largest number of miners, the highest market turnover, while, YBC is the first export trading platform for foreign currency-made cottage (if not already demise of CNC words). Currently, gold coins YBC in the country has developed a long ecological chain, including ingot chess game platform, gold bullions coins Stock Exchange as well as a lot of businesses to accept. Gold coins without a clear production ceiling, but according to the algorithm, gold coins yield about four years in four million or so, the 10-year yield of about 10 million or so, at present, YBC in C network, gold exchange, BTCTRADE other domestic can be traded outside the platform, each YBC cost about 15 yuan. Bit era gold coins to establish a dedicated investment exchange group: 370124137 welcome to join us on this currency long overdue, partly because the cottage currency market is chaotic, on the other hand, we also spent a lot of time in the currency consideration the screening. In addition to the three currencies of our on-line, and other popular emerging currencies such as particle coins, coins molecules, Aurora coins, mint coins, the Federal Reserve currency, QQ coins, black coins, currency, and so dark, and ultimately, we believe that these three combination of a currency, more in line with our distribution has always been a reasonable price, the combination of the old and new currency coins habits. I hope you will like it. Finally, we must remind everyone that the virtual currency investment risk is great, please participate, as appropriate. Due to relatively thin market funds, and the times they deliberately released simultaneously three currencies, aimed at weakening the hype fluctuations on the line at the beginning of the new currency, please be sure to maintain peace of mind to participate, thank you.


Ah, . . .Well that is good news then! . . .But still, would love to see my list filled out some more.

patience, the coin is very new, and so far doing great.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 14:11:59 UTC
Probably lots of people on here today, so I'll ask again. . . Pumps are fun, but lets create lasting value for Riecoin - help out with anything below and we'll gladly add you to the list with thanks!

Things You Could Help With Right Now

- get more pools operating
- create open source stratum-mining (Guru Gatra working on)
- finish block explorer (3v1l working on)   
- create p2pool mining  (ThePeePs working on)

- help get listed on cryptsy (vote and share the link to tell everyone!)
- help get listed on BTER (vote and share the link to tell everyone!)   
- have the website redesigned (northranger79510 working on)
- post details about Riecoin in math focused forums
- post details about Riecoin in crypto focused forums
- create an Android wallet
- create a Mac wallet
- create GPU miner
- create a way for people to view the resultant data from Riecoin
- create a live stat "speedometer" that redlines at world record breaking primes and explodes
- contact notable mathematicians/departments worldwide and see if they'd be interested in endorsing or commenting on Riecoin
- make a press release about RIC to be sent to math/science based publications
- compile email list of math and science publication email addresses for press release submission
- create press release for potential merchants
- compile email list of potential merchants (math and science focus first)
- create a faucet (percentage by donation so its always running)
- think of a fun giveaway and ask for donors to make it happen
- create Tor pages and presence
- blog about Riecoin
- finish Wikipedia entry
- start a foundation for bounties and contests
- create paper wallet generator (surfer43 working on)
- create and maintain a list of what needs to be done (remi stevens working on)



That was not a pump!

http://www.btc38.com/general/916.html

translates to:

Dear Customer Hello everyone: the long-awaited era finally planned new currency trading on the line. This time we bring you a three-currency transaction, the transaction will be opened at around 21:00 pm , they are: 1, Riemann currency RIC RIC stands for riecoin, Chinese coins called Riemann, released on February 11 Day, is a fully-fledged quality new currency. Currently, the number of miners in foreign currency-known mineral pool ypool more than 20,000, has the line in foreign mintpal and Poloniex and other trading platforms. RIC very little promotion in the country, but in foreign countries are still relatively popular, RIC and XPM somewhat similar, is performed by calculating the scientific mining primes way, thus avoiding wasted mining operator force, however, RIC's algorithm XPM carried out on the basis of certain improvements, said to be more efficient than xpm find prime numbers. RIC is the total amount of 84 million, one block every 2.5 minutes outputs, each block contains 50 RIC as a bonus, this figure will be halved every four years (equivalent to the basic parameters LTC), which also led to the pre-mining difficulty RIC is very large, less production. Currently, the price of each RIC on the foreign exchange market is about 1.9 yuan RMB. Bit era Riemann establish a dedicated investment currency exchange group: 376 123 691 Welcome to 2, Billy currency BIL this currency for all of us, may be more familiar with some, Billy coins released in December 2013, can be considered a second new currency . Billy currency English called BillionCoin, meaning that ten billion dollars, as the name suggests, its output is 10 billion, and Billy currency initially blocks, each block randomly generated from 1 to 100,000 BIL, production will be about 69 days halved, block production the other day, BIL's just down to the 1 to 50000 BIL. At present, BIL has a trading platform in support of domestic and foreign trade, the current price of each BIL approximately 0.0006 yuan. Billy bit era to establish a dedicated investment currency exchange group: 246 052 868 Welcome to 3, gold coins YBC gold coins are the first domestic cottage currency in the true sense, if only to compare and domestic currency, which has the largest number of miners, the highest market turnover, while, YBC is the first export trading platform for foreign currency-made cottage (if not already demise of CNC words). Currently, gold coins YBC in the country has developed a long ecological chain, including ingot chess game platform, gold bullions coins Stock Exchange as well as a lot of businesses to accept. Gold coins without a clear production ceiling, but according to the algorithm, gold coins yield about four years in four million or so, the 10-year yield of about 10 million or so, at present, YBC in C network, gold exchange, BTCTRADE other domestic can be traded outside the platform, each YBC cost about 15 yuan. Bit era gold coins to establish a dedicated investment exchange group: 370124137 welcome to join us on this currency long overdue, partly because the cottage currency market is chaotic, on the other hand, we also spent a lot of time in the currency consideration the screening. In addition to the three currencies of our on-line, and other popular emerging currencies such as particle coins, coins molecules, Aurora coins, mint coins, the Federal Reserve currency, QQ coins, black coins, currency, and so dark, and ultimately, we believe that these three combination of a currency, more in line with our distribution has always been a reasonable price, the combination of the old and new currency coins habits. I hope you will like it. Finally, we must remind everyone that the virtual currency investment risk is great, please participate, as appropriate. Due to relatively thin market funds, and the times they deliberately released simultaneously three currencies, aimed at weakening the hype fluctuations on the line at the beginning of the new currency, please be sure to maintain peace of mind to participate, thank you.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 13:50:14 UTC
I think Cryptsy wont wait to long to add Riecoin, the volume is increasing dramatically.   Shocked
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 13:42:36 UTC
Here is a google translation:


Dear Customer Hello everyone: the long-awaited era finally planned new currency trading on the line. This time we bring you a three-currency transaction, the transaction will be opened at around 21:00 pm , they are: 1, Riemann currency RIC RIC stands for riecoin, Chinese coins called Riemann, released on February 11 Day, is a fully-fledged quality new currency. Currently, the number of miners in foreign currency-known mineral pool ypool more than 20,000, has the line in foreign mintpal and Poloniex and other trading platforms. RIC very little promotion in the country, but in foreign countries are still relatively popular, RIC and XPM somewhat similar, is performed by calculating the scientific mining primes way, thus avoiding wasted mining operator force, however, RIC's algorithm XPM carried out on the basis of certain improvements, said to be more efficient than xpm find prime numbers. RIC is the total amount of 84 million, one block every 2.5 minutes outputs, each block contains 50 RIC as a bonus, this figure will be halved every four years (equivalent to the basic parameters LTC), which also led to the pre-mining difficulty RIC is very large, less production. Currently, the price of each RIC on the foreign exchange market is about 1.9 yuan RMB. Bit era Riemann establish a dedicated investment currency exchange group: 376 123 691 Welcome to 2, Billy currency BIL this currency for all of us, may be more familiar with some, Billy coins released in December 2013, can be considered a second new currency . Billy currency English called BillionCoin, meaning that ten billion dollars, as the name suggests, its output is 10 billion, and Billy currency initially blocks, each block randomly generated from 1 to 100,000 BIL, production will be about 69 days halved, block production the other day, BIL's just down to the 1 to 50000 BIL. At present, BIL has a trading platform in support of domestic and foreign trade, the current price of each BIL approximately 0.0006 yuan. Billy bit era to establish a dedicated investment currency exchange group: 246 052 868 Welcome to 3, gold coins YBC gold coins are the first domestic cottage currency in the true sense, if only to compare and domestic currency, which has the largest number of miners, the highest market turnover, while, YBC is the first export trading platform for foreign currency-made cottage (if not already demise of CNC words). Currently, gold coins YBC in the country has developed a long ecological chain, including ingot chess game platform, gold bullions coins Stock Exchange as well as a lot of businesses to accept. Gold coins without a clear production ceiling, but according to the algorithm, gold coins yield about four years in four million or so, the 10-year yield of about 10 million or so, at present, YBC in C network, gold exchange, BTCTRADE other domestic can be traded outside the platform, each YBC cost about 15 yuan. Bit era gold coins to establish a dedicated investment exchange group: 370124137 welcome to join us on this currency long overdue, partly because the cottage currency market is chaotic, on the other hand, we also spent a lot of time in the currency consideration the screening. In addition to the three currencies of our on-line, and other popular emerging currencies such as particle coins, coins molecules, Aurora coins, mint coins, the Federal Reserve currency, QQ coins, black coins, currency, and so dark, and ultimately, we believe that these three combination of a currency, more in line with our distribution has always been a reasonable price, the combination of the old and new currency coins habits. I hope you will like it. Finally, we must remind everyone that the virtual currency investment risk is great, please participate, as appropriate. Due to relatively thin market funds, and the times they deliberately released simultaneously three currencies, aimed at weakening the hype fluctuations on the line at the beginning of the new currency, please be sure to maintain peace of mind to participate, thank you.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 07/03/2014, 13:21:33 UTC
Here it is: http://www.btc38.com/trade.html?btc38_trade_coin_name=ric

Guys!! BTC38 is going to list Riecoin tonight!

See their notice: http://www.btc38.com/general/916.html

Edit: stop selling now.
can RIC reach 20+ CNY fast? Smiley

It may actually overtake Peercoin.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 06/03/2014, 16:02:56 UTC
I was hopping to buy more before this, but I guess I'm too late now. Is going up, and hopefully will overtake Primecoin!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 06/03/2014, 15:00:26 UTC
the coin is doing extremely well even been so new.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 05/03/2014, 14:55:34 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 05/03/2014, 04:48:30 UTC
will it be possible to have a miner that already includes the ypool function in it?
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting
by
steban
on 05/03/2014, 04:14:02 UTC
hi

dev team

i like your heavycoin!

i has promoted heavycoin on three biggest chinese  bitcoin forum and register the account also post ANN chinese thread!


also i posted the chinese ANN thread on biggest china “reddit”  baidu tieba

i post the ANN link on three biggest chinese bitcoin forum

1 coin38 forum

http://www.coin38.org/thread-3677-1-1.html

2 btcbbs forum
http://www.btcbbs.com/forum.php?mod=viewthread&tid=10784

3  8btc forum
http://8btc.com/forum.php?mod=viewthread&tid=3667&fromuid=1971

also china reddit

4 tieba chinese reddit

http://tieba.baidu.com/p/2901992994

you can check my promotion work, also i will do more promotion in china!

hope that can help heavycoin development!
hope a little heavycoin bonus, much appreciate!

thanks!

 Smiley

smiley does deserve a tip!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 05/03/2014, 02:57:09 UTC
http://riecoin.org/: ..

How is Riecoin different from Primecoin?
Primecoin is good and I'm not against it, but since its PoW might at first glance look similar to Riecoin's, I feel the need to differentiate from it. Here I go:

Primecoin uses the Fermat primality test, which has some flaws. Carmichael numbers are not prime and still pass Fermat's test for all bases, however those are relatively rare. Secondly, in general, if Fermat's test says a number is prime, it has at least a 50% probability of being prime. Primecoin uses only one Fermat test with base 2. While base 2 may provide more confidence than the general bound of 50%, still many composites will pass as primes. What's worst, is that Euler-Lagrange-Lifchitz test used for the other primes in the chain assumes the previous number in the chain is prime. So if the chain starts with a number that is not prime, then the Euler-Lagrange-Lifchitz test is not guaranteed to work, and all numbers in the chain may be composite.

short version: Primecoin numbers are not guarranteed to be prime, they may be Fermat pseudoprimes to the base 2. There is an infinite list of Fermat pseudoprimes to the base 2 (oeis.org/A001567). Riecoin uses enough Rabin-Miller tests with random bases, so the probability of a number that is not prime being accepted by the majority of the Riecoin network is negligible.

We propose the n/s "range explored (numbers) per second" metric instead of pps (primes per second) or shorter-chains per second. This is the quantity of numbers tested (whether by sieve of explicit primality test) and discarded as not constituting a valid PoW per second. While it is still difficult to compare this number for different difficulties, it is a much better metric: it can be used to meaningfully compare different algorithms, hardware speed, etc as long as you have the same diff. More n/s always means more blocks. For example a mining rig would be advertised as having X n/s@minimum diff. Something similar like "multipliers per second" might be possible for Primecoin, but it wouldn't scale as well when difficulty grows. In Primecoin, PPS is "just for fun" and shorter chains per second may not be accurate to compare the performance of algorithms for full-length chains per second.
Assuming the Riemann Hypothesis and the Hardy-Littlewood k-tuple conjectures are true, by using Hardy-Littlewood constants a miner can estimate the average time before a block is found, allowing profit calculations and to estimate the computing power of the network.
In Primecoin there is no practical way of estimating the time before finding a block, moreover difficulty 10.1 is easier than 9.9 making it impossible to estimate how secure the network is.
A centralized checkpoint system is implemented inside Primecoin. While it is disabled by default, if FUD about attacks start to spread, I believe some people will panic and enable it. A centralized checkpoint allows its controllers to perform double spends without any need for any % of hash rate. Can we be sure it will not be hacked and/or abused?
Riecoin is capped to a fixed amount of coins (84M), but Primecoin has no limit. While it is arguable, we believe our deflationary model - similar to Bitcoin's - is better.
1min block speed would bloat the blockchain and create more orphans, stales. We have 2.5min which was tested for years in LTC. I don't know of any 1min coin that has years of testing. I think it's not true that 1min is fast enough for waiting in a line when you buy a coffee: with blocks targeted each minute, you have a 1 in 150 chance of having to wait more than 5 minutes for a block, this would still be unacceptable for some coffee stores. Also, with 2.5 each block requires more work, meaning we will have larger prime numbers sooner.


Summary:

- Primecoin uses the Fermat primality test, which has some flaws.
-  Primecoin numbers are not guarranteed to be prime
- A centralized checkpoint system is implemented inside Primecoin.
- Riecoin is capped to a fixed amount of coins (84M), but Primecoin has no limit.
- With Primecoin it impossible to estimate how secure the network is.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 05/03/2014, 02:24:24 UTC
Could some one please make a technical analysis of how Riecoin is an improvement over Primecoin or otherwise.
Sure, here you go:

Riecoin ≠ Primecoin

 Grin

care to elaborate!  Shocked
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 05/03/2014, 00:18:02 UTC
Could some one please make a technical analysis of how Riecoin is an improvement over Primecoin or otherwise.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 04/03/2014, 21:46:54 UTC
FYI: Riecoin exchange poloniex had 12% of its customers' BTC stolen and they are working out how to refund them: https://bitcointalk.org/index.php?topic=499580

Riecoin is ONE of the coins traded at Poloniex, an actually only people holding BTC are affected. Go spread FUD somewhere else.




I would like to add that actually Poloniex is taking full responsibility of the hack and reimbursing from their pocket the lost BTC.  Most exchanges just disappear after something like this, I can see Poloniex becoming a major player in little time.

As I Wrote before, Poloniex is one of the Exchanges where RIE is traded. Riecoin is also now listed on MintPal, and will soon appear on Cryptsy, as there was no premine, and is got new code on it..
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
steban
on 04/03/2014, 19:54:55 UTC
FYI: Riecoin exchange poloniex had 12% of its customers' BTC stolen and they are working out how to refund them: https://bitcointalk.org/index.php?topic=499580

Riecoin is ONE of the coins traded at Poloniex, an actually only people holding BTC are affected. Go spread FUD somewhere else.