Seriously ? With that premine ?
I think you lost your time :/
Topic: [ANN] [REE] REECoin: People’s Coin *****REVIVAL***** - page 37. (Read 39830 times)
maybe it will be another 80+BTC volume at one of the exchanges
Where the dev is buying and selling to himself
maybe it will be another 80+BTC volume at one of the exchanges
lol
for dev nSubsidy = 6650000000 * COIN;
for idiots nSubsidy = 2 * COIN;
Code:
int64_t GetProofOfWorkReward(int64_t nFees, unsigned int nHeight)
{
int64_t nSubsidy = 0;
if (nHeight == 1)
{
nSubsidy = 6650000000 * COIN;
}
else if (nHeight < 350400) // 1 Year
{
nSubsidy = 2 * COIN;
}
else if (nHeight < 700800) // 2 Year
{
nSubsidy = 4 * COIN;
}
else if (nHeight < 1051200) // 3 Year
{
nSubsidy = 8 * COIN;
}
else if (nHeight < 1401600) // 4 Year
{
nSubsidy = 10 * COIN;
}
else
{
nSubsidy = 10 * COIN;
}
if (fDebug && GetBoolArg("-printcreation"))
printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);
return nSubsidy + nFees;
}
for dev nSubsidy = 6650000000 * COIN;
for idiots nSubsidy = 2 * COIN;
Probably you want to say Scrypt algo, not script ...
****************************
ATTENTION
Due to the misuse of REECoin over the past few years, an Official REECoin Contribution Team has been formed to responsibly progress this cryptocurrency.
Livecoin.net has been notified of the situation and please look for an official statement from them https://www.livecoin.net/en/news/list.
We appreciate your patience during this transition.
You can join us on Telegram at https://t.me/reecoin_official
***************************
UPDATE
As per Livecoin's request, here is their message they have asked us to post.
14.06.2018 16:09Support (chief):
Hello.
We tried to contact with initial developer of REE for a long time, no response for over year or so. If he would have anything to say, he could contact us anytime. Moreover, he didn't take any actions when official REE website, explorer, etc., has been replaced on Coinmarketcap by the new developer. We don't know who you are, we don't negotiate with the third parties. As far as REE project was dead for over a year, we have responsed to the new developers after they changed all the data on Coinmarketcap. If you are the initial developer, send us an official request from official e-mail of original REE website, please also place the same request on official REE website, please also place this request in official REE thread on bitcointalk from the topicstarter's name. In this case we will have a deal with this developer.
We have satisfied Livecoin's requirements and we will be getting in touch with Livecoin to clear up this mess as well as post a full statement on reecoin.com explaining REECoin's history, what is happening today, and what is to come in the future.
****************************
About ReeCoin:
ReeCoin is a peer-to-peer decentralized digital currency for ordinary people, easy to use and acquire. ReeCoin summarizes the best characteristics of digital currencies, which were issued earlier (Bitcoin, Peercoin), such as: increased security, fast consensus mechanism, and increased decentralization achieved by requiring miners to prove the knowledge of the transaction data.
Mining:
ReeCoin mining involves verifying transactions around the system by encrypting and decrypting transfers, carried out by other users. This process is deliberately made highly complex and time-consuming to reduce ReeCoin inflation. The complexity of each transfer's encryption increases proportionately to the number of people working on the transaction. It requires an extremely high-end computing setup, dedicated to the encryption and decryption process. These requirements have so far been sufficient to keep ReeCoin inflation in check. To control ReeCoin inflation further, the permission of a maximum of 7 Billion ReeCoin’s was implemented into the system. This also steadily reduces ReeCoin’s generation as the total number of ReeCoin’s in circulation increases. Based on the current generation rate, it is estimated that the total number of ReeCoin’s will be created and mined in 2100.
Obtaining ReeCoin’s
There are several ways to acquire ReeCoin’s:
1. by purchasing directly from other users at whatever prices they propose
2. by purchasing from ReeCoin exchanges and ATMs
3. by earning new ReeCoin’s via ReeCoin mining - carrying out tasks from the ReeCoin network
ATMs and Exchanges
ReeCoin exchanges and ATMs provide a considerable range of services and serve multiple purposes:
as depositaries to store ReeCoin’s as a wallet service to enable users to convert their fiat currency into ReeCoin’s
as an advanced trading exchange, in which users can trade between multiple digital currencies and fiat currencies.
Users are required to verify their identity in order to access these exchange services.
Proof-of-Work & Proof-of-Stake Stages
Website: www.ReeCoin.com
GitHub: https://github.com/Reecoin/Reecoin-Project
Block Explorer: http://reecoinexplorer.com/
Windows wallet: https://github.com/Reecoin/Windows-Wallet
Mac wallet: https://github.com/Reecoin/Mac-Wallet
Linux wallet: https://github.com/Reecoin/Linux-Wallet
Android wallet: https://github.com/Reecoin/Android-Wallet
Exchanges: Coming soon
ATTENTION
Due to the misuse of REECoin over the past few years, an Official REECoin Contribution Team has been formed to responsibly progress this cryptocurrency.
Livecoin.net has been notified of the situation and please look for an official statement from them https://www.livecoin.net/en/news/list.
We appreciate your patience during this transition.
You can join us on Telegram at https://t.me/reecoin_official
***************************
UPDATE
As per Livecoin's request, here is their message they have asked us to post.
14.06.2018 16:09Support (chief):
Hello.
We tried to contact with initial developer of REE for a long time, no response for over year or so. If he would have anything to say, he could contact us anytime. Moreover, he didn't take any actions when official REE website, explorer, etc., has been replaced on Coinmarketcap by the new developer. We don't know who you are, we don't negotiate with the third parties. As far as REE project was dead for over a year, we have responsed to the new developers after they changed all the data on Coinmarketcap. If you are the initial developer, send us an official request from official e-mail of original REE website, please also place the same request on official REE website, please also place this request in official REE thread on bitcointalk from the topicstarter's name. In this case we will have a deal with this developer.
We have satisfied Livecoin's requirements and we will be getting in touch with Livecoin to clear up this mess as well as post a full statement on reecoin.com explaining REECoin's history, what is happening today, and what is to come in the future.
****************************
About ReeCoin:
ReeCoin is a peer-to-peer decentralized digital currency for ordinary people, easy to use and acquire. ReeCoin summarizes the best characteristics of digital currencies, which were issued earlier (Bitcoin, Peercoin), such as: increased security, fast consensus mechanism, and increased decentralization achieved by requiring miners to prove the knowledge of the transaction data.
Mining:
ReeCoin mining involves verifying transactions around the system by encrypting and decrypting transfers, carried out by other users. This process is deliberately made highly complex and time-consuming to reduce ReeCoin inflation. The complexity of each transfer's encryption increases proportionately to the number of people working on the transaction. It requires an extremely high-end computing setup, dedicated to the encryption and decryption process. These requirements have so far been sufficient to keep ReeCoin inflation in check. To control ReeCoin inflation further, the permission of a maximum of 7 Billion ReeCoin’s was implemented into the system. This also steadily reduces ReeCoin’s generation as the total number of ReeCoin’s in circulation increases. Based on the current generation rate, it is estimated that the total number of ReeCoin’s will be created and mined in 2100.
Obtaining ReeCoin’s
There are several ways to acquire ReeCoin’s:
1. by purchasing directly from other users at whatever prices they propose
2. by purchasing from ReeCoin exchanges and ATMs
3. by earning new ReeCoin’s via ReeCoin mining - carrying out tasks from the ReeCoin network
ATMs and Exchanges
ReeCoin exchanges and ATMs provide a considerable range of services and serve multiple purposes:
as depositaries to store ReeCoin’s as a wallet service to enable users to convert their fiat currency into ReeCoin’s
as an advanced trading exchange, in which users can trade between multiple digital currencies and fiat currencies.
Users are required to verify their identity in order to access these exchange services.
- Scrypt algorithm
- block generation time 90sec
- 7 Billion total amount of ReeCoin’s
- 6.650 million pre-mined
- 350 Million PoW/PoS
- Almost instant transactions
- Fast consensus mechanism
- Extreme security
- Low future inflation rate 1% (interest value)
- Efficient data retention
- High transaction confirmation frequency
- Energy efficiency
- P2P
- Hybrid POW/POS simultaneously phases.
- Stake’s minimum age is 12 hours.
- Maturity of blocks takes 350 blocks
Proof-of-Work & Proof-of-Stake Stages
- 1st year - 2 coin’s - block
- 2nd year - 4 coin’s - block
- 3rd year - 8 coin’s - block
- 4th year - 10 coin’s - block
Website: www.ReeCoin.com
GitHub: https://github.com/Reecoin/Reecoin-Project
Block Explorer: http://reecoinexplorer.com/
Windows wallet: https://github.com/Reecoin/Windows-Wallet
Mac wallet: https://github.com/Reecoin/Mac-Wallet
Linux wallet: https://github.com/Reecoin/Linux-Wallet
Android wallet: https://github.com/Reecoin/Android-Wallet
Exchanges: Coming soon
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