[ANN] [RCN] RCoin Plus (a fixed version of RCoin) - PoW - Scrypt - CPU mining - page 2.

bair73

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Merit: 103

parody of YENTEN Grin

spoof of the coin YENTEN Grin

OXUS

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Merit: 101

KEK

Quote from: BilPreAlpha on December 28, 2017, 02:48:51 PM

Quote from: Ronsor on December 26, 2017, 12:53:07 PM

RCoin

---
After the previous failure that was RCoin-v1, I have rewritten the code. Now we do not have any of the previous bugs.
We do not need transactions in order to mine.
---

RCoin is a decentralized peer-to-peer currency building upon the ideas of Bitcoin. In comparison with other cryptocurrencies, RCoin does not eliminate transaction fees, nor keep them at ridiculously high rates even for small transactions. Transaction fees are determined as a fixed 1.5% of a transaction’s amount. RCoin is designed to be ASIC resistant by requiring relatively large amounts of memory per hash (6-12MB).

Latest Version

The current version is RCoinPlus-v1

Information

* RCoin uses the Scrypt hashing algorithm.
* RCoin DOES NOT USE A BLOCKCHAIN, but simply keeps track of every transaction (this means no transaction fees, and near instant transactions)
* You can mine a block every 5 minutes.
* Solo-mining is feasible.
* No more coins after 7 years. (You will earn negative coins if you try to mine after then.)
* Estimated total supply: 25540000 RCN.

http://tinyrcoin.github.io

My address: ivabm6gktvhygk4ztz2ijittk5jv4jg4hizqnirqqkyfzt2axzda

1 block per exactly 5 minutes does not look like mining to me. Just look like a scam where after every 5 minute some coins are made to be displayed on wallet. I even tried sending it to a different wallet transaction was never completed. When you search for transaction using the address, it only displays transactions done on that wallet. You can also type address whatever you wish like it does not even check for minimum or max characters required for address length. Any explanation dev?

yes there is no chain ... if u delete the files without the wallet file ... like every another coin ... and resync ... BOOOOTHHH .. Your coins are gone

BilPreAlpha

newbie

Activity: 14

Merit: 0

Quote from: Ronsor on December 26, 2017, 12:53:07 PM

RCoin

---
After the previous failure that was RCoin-v1, I have rewritten the code. Now we do not have any of the previous bugs.
We do not need transactions in order to mine.
---

RCoin is a decentralized peer-to-peer currency building upon the ideas of Bitcoin. In comparison with other cryptocurrencies, RCoin does not eliminate transaction fees, nor keep them at ridiculously high rates even for small transactions. Transaction fees are determined as a fixed 1.5% of a transaction’s amount. RCoin is designed to be ASIC resistant by requiring relatively large amounts of memory per hash (6-12MB).

Latest Version

The current version is RCoinPlus-v1

Information

* RCoin uses the Scrypt hashing algorithm.
* RCoin DOES NOT USE A BLOCKCHAIN, but simply keeps track of every transaction (this means no transaction fees, and near instant transactions)
* You can mine a block every 5 minutes.
* Solo-mining is feasible.
* No more coins after 7 years. (You will earn negative coins if you try to mine after then.)
* Estimated total supply: 25540000 RCN.

http://tinyrcoin.github.io

My address: ivabm6gktvhygk4ztz2ijittk5jv4jg4hizqnirqqkyfzt2axzda

1 block per exactly 5 minutes does not look like mining to me. Just look like a scam where after every 5 minute some coins are made to be displayed on wallet. I even tried sending it to a different wallet transaction was never completed. When you search for transaction using the address, it only displays transactions done on that wallet. You can also type address whatever you wish like it does not even check for minimum or max characters required for address length. Any explanation dev?

alexcrownjr

member

Activity: 63

Merit: 10

How run rcoin on ubuntu server ? can I mine w/o tkwallet ?

Is that mining ?

OXUS

full member

Activity: 253

Merit: 101

KEK

yeah i think chain will reset on this rate ... i lost all my mined coins because i did a resync lol

crimealone

sr. member

Activity: 644

Merit: 251

Quote from: crimealone on December 28, 2017, 06:34:51 AM

1.It seems that every client can get a reward every 5 min.
2.I successed sending coins from A to B. But B to A failed.

Still lots of bugs.

I think dev should run a test before release. Like semux did.

I can only send coins from my pc to VM on it. =..=

crimealone

sr. member

Activity: 644

Merit: 251

1.It seems that every client can get a reward every 5 min.
2.I successed sending coins from A to B. But B to A failed.

Still lots of bugs.

I think dev should run a test before release. Like semux did.

wmmail07

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Activity: 194

Merit: 100

Dev, any news?

RealJoshuar

member

Activity: 70

Merit: 10

I sent 500 coins from one address to the other no problems, and both address have the correct balance

cryptogbumper

member

Activity: 126

Merit: 10

what happened ? all bad transactions Huh

how can you mine 10K+ coins for hours Huh

I run on 2 computers and they stop mining for several times, then I restart it got all bad transactions...

and sent some coins between 2 wallets, and never received them...the coin lost!

wmmail07

full member

Activity: 194

Merit: 100

Quote from: dominguero on December 27, 2017, 02:51:49 PM

Received immediately with no problems

Great! Maybe this coin must live...

wmmail07

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Activity: 194

Merit: 100

fanten

full member

Activity: 266

Merit: 101

The Future of Global Copyright Registration

Dev, are you one man team? Why did you create this coin? If you want to start a coin, you should do proper planning and roadmap and so on. Good luck to you and hope that I will look back and regret in 10 years time. Sad

dominguero

full member

Activity: 430

Merit: 228

I send 5000 + 45000 to another address

Received immediately with no problems, but in gui wallet the balance only show the -5000, but the real balance its correct (i couldn't send de 45000 again because have no funds)

sorinslv

member

Activity: 280

Merit: 10

Quote from: wmmail07 on December 27, 2017, 02:46:41 PM

WTF?

same here but i see balance increase.

wmmail07

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Activity: 194

Merit: 100

WTF?

leeant1

newbie

Activity: 4

Merit: 0

Quote from: OXUS on December 27, 2017, 12:39:56 PM

okay something is wrong here

i run wallet for almost 20 hours ...fine ... i got almost 10k coins

now after i shutdown my computer and reopen ... the wallet won't start .... so i backed up the ( default wallet ) deleted the data and resync

so ... after doing that ... somehow it seem that im with 0 balance and starting to mine coins from scratch Huh

is there a way to know what is the actual balance of my wallet ... like block explorer

There seems to be a flaw in the design of this coin, which is that there is no blockchain. When you startup and request to sync you will only receive the oldest transaction that that node responding has and there is nothing to validate against. I had 53k coins, deleted and reopened and was only able to sync to 10k coins I assume because the node I am syncing from doesn't have the history prior to when they first started up.

OXUS

full member

Activity: 253

Merit: 101

KEK

okay something is wrong here

i run wallet for almost 20 hours ...fine ... i got almost 10k coins

now after i shutdown my computer and reopen ... the wallet won't start .... so i backed up the ( default wallet ) deleted the data and resync

so ... after doing that ... somehow it seem that im with 0 balance and starting to mine coins from scratch Huh

is there a way to know what is the actual balance of my wallet ... like block explorer

x314.network

newbie

Activity: 28

Merit: 0

selling coins pm me

wmmail07

full member

Activity: 194

Merit: 100

Any news Dev? Maybe Exchange?

Topic: [ANN] [RCN] RCoin Plus (a fixed version of RCoin) - PoW - Scrypt - CPU mining - page 2. (Read 1571 times)