[ANN] Rethereum - The ethereum restart project. [PoW] [Blake3]

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

Quote from: DrWhat on August 03, 2023, 02:23:50 PM

Theres no premine, other then the first few blocks at the start when people still starting their nodes.

Centrlization is an issue ATM, there a few whale miners and we are trying to get pools to add the coin.

Thanks. I'm still considering it, but will observe if centralization issues improve, and if it gets added to any exchange.

Quote from: MMOStars on August 03, 2023, 02:06:39 PM

This has no decentralization at all, everyone bailed the ship on 2nd/first day, the explorer has that data.

There have been much worse instamines in coins which today are considered decentralized, like Monero, Dash or even Litecoin. As the coin is only 15 days old or so, even if now 90% are owned by team members (of course I don't know who the GPU miner is, but experience tells it's someone from the team Wink

) distribution can become still better than these. If it's nobody from the team, then they took the work to code the GPU client, which can be done by everybody with programming skills as long as the algorithm of the coin is open source (and it seems so -- if it has closed source elements then you're right and the coin has serious centralization issues.)

DrWhat

newbie

Activity: 75

Merit: 0

Quote from: d5000 on August 03, 2023, 01:18:24 PM

Was there any explicit genesis block premine, like in the original ETH?

I'm observing Ethereum clones to know if there are any really decentralized ones (there was Ellaism before, but it seems dead or delisted everywhere). If there was "only" an instamine (like some claim in this thread), it's nevertheless an improvement over Ethereum's "straight premine"/ICO, because at least the instaminers had to provide some electric power.

(I just happened to stumble upon this thread, and as I'm creating a list of decentralized altcoins, it may be interesting. If someone knows other ETH clones without premine -- you can answer in this thread or even send a PM if you like Wink

).

Theres no premine, other then the first few blocks at the start when people still starting their nodes.

Centrlization is an issue ATM, there a few whale miners and we are trying to get pools to add the coin.

MMOStars

member

Activity: 251

Merit: 13

Quote from: d5000 on August 03, 2023, 01:18:24 PM

Was there any explicit genesis block premine, like in the original ETH?

I'm observing Ethereum clones to know if there are any really decentralized ones (there was Ellaism before, but it seems dead or delisted everywhere). If there was "only" an instamine (like some claim in this thread), it's nevertheless an improvement over Ethereum's "straight premine"/ICO, because at least the instaminers had to provide some electric power.

(I just happened to stumble upon this thread, and as I'm creating a list of decentralized altcoins, it may be interesting. If someone knows other ETH clones without premine -- you can answer in this thread or even send a PM if you like Wink

).

This has no decentralization at all, everyone bailed the ship on 2nd/first day, the explorer has that data.

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

Was there any explicit genesis block premine, like in the original ETH?

I'm observing Ethereum clones to know if there are any really decentralized ones (there was Ellaism before, but it seems dead or delisted everywhere). If there was "only" an instamine (like some claim in this thread), it's nevertheless an improvement over Ethereum's "straight premine"/ICO, because at least the instaminers had to provide some electric power.

(I just happened to stumble upon this thread, and as I'm creating a list of decentralized altcoins, it may be interesting. If someone knows other ETH clones without premine -- you can answer in this thread or even send a PM if you like Wink

).

DrWhat

newbie

Activity: 75

Merit: 0

We have released our C and Go libraries for Ethash-B3.

This should allow the majority of pools to add our algo to their mining pool.

You can find the library here: https://github.com/Rethereum-blockchain/ethashb3

MMOStars

member

Activity: 251

Merit: 13

It's dead, seeing what the dev is of this project this is a big fat 0. And people buying the coins are getting scammed thinking this is the next thing when all they are just exit liquidity.

wam_fr

newbie

Activity: 5

Merit: 2

Quote from: andrewkat on August 01, 2023, 07:45:22 AM

If thats the case then reset the chain and start over when everything is ready. You will do that if you want a fair start and you will also prove that this is not a scam coin. I say that because the miner that mined all the coins could be you.

restart the chain was already proposed (by myself) to the admins, check the discord.
But admins want to let the things go, bc restart means death of the project,
Gpu-miner will be released very soon. And coin distribution will be back to normal in a couple of weeks.

The miner is a well known A**hole in the crypto community, I wont tell more about him, dyor.

andrewkat

newbie

Activity: 18

Merit: 0

If thats the case then reset the chain and start over when everything is ready. You will do that if you want a fair start and you will also prove that this is not a scam coin. I say that because the miner that mined all the coins could be you.

wam_fr

newbie

Activity: 5

Merit: 2

Quote from: MMOStars on July 29, 2023, 06:16:45 PM

It is a scam and people can go to any explorer and see your scam in action.

How do you call a POW project that has 99% of supply controlled by 10 wallets? Exactly a pure scam.

Not a scam,
but there is an a**hole that coded a private gpu miner, and mined during days getting all the blocks during this period.
We asked him to lower his hashpower to let other cpu miner participate while we are waiting for an official GPU miner, but he didnt want ...

The result is than he own most of the rewards now ...
I have no word to qualify this a**holistic attitude, but do not blame the founders, or qualify their project as a scam. It's not their fault.

official GPU miner is incoming, and situation is going to normalize soon.

DrWhat

newbie

Activity: 75

Merit: 0

We have released a JS implimentation of our algorithm.

If there are any pools that are interested into adding our algo and your backend is Javascript, you can use our library here: https://www.npmjs.com/package/ethash-b3js

If you need any help contact us on discord.
https://discord.gg/xCB4AJDEFb

MMOStars

member

Activity: 251

Merit: 13

Quote from: DrWhat on July 29, 2023, 06:57:26 AM

Our miner is open source on our github since day 1, even posted in this thread.

And by your post history you post on every announcement saying that it is a scam.

Stop being a FUD mongerer.

It is a scam and people can go to any explorer and see your scam in action.

How do you call a POW project that has 99% of supply controlled by 10 wallets? Exactly a pure scam.

coin790

jr. member

Activity: 47

Merit: 1

I want to mine but the node never synchronizes. It wouldn't be easier to create an official pool to connect and only extract coins!

DrWhat

newbie

Activity: 75

Merit: 0

Our miner is open source on our github since day 1, even posted in this thread.

And by your post history you post on every announcement saying that it is a scam.

Stop being a FUD mongerer.

MMOStars

member

Activity: 251

Merit: 13

Reminder this coordinated scam, dev already had the private miners ready on release and gave/sold them out. Result now is only friends of the devs are mining and selling everything mined to any existing liquidity that fools are offering.
Stop falling for such scams if you are a person with $ and you don't know how to check the distribution of supply on explorer. 95% of all supply is residing in 10 wallets.

DrWhat

newbie

Activity: 75

Merit: 0

SafeTrade has officially announced our listing on their exchange.

https://twitter.com/safetradeex/status/1684975408737857557

leeroy.coindeal

newbie

Activity: 76

Merit: 0

Quote from: DrWhat on July 27, 2023, 11:50:40 AM

Quote from: leeroy.coindeal on July 27, 2023, 07:51:37 AM

Quote from: DrWhat on July 27, 2023, 06:58:41 AM

Our explorer is now live!

You can browse the explorer here: https://explorer.rethereum.org/

Also we released an update to our CPUMiner to fix bug with found blocks.

Nice GG, when public RPC will be available?

Public RPC is already avalible, a add to metamask button is on the bottom of the explorer.

For the record:
https://rpc.rethereum.org/

Ok, I found! When website will be ready?

DrWhat

newbie

Activity: 75

Merit: 0

Quote from: leeroy.coindeal on July 27, 2023, 07:51:37 AM

Quote from: DrWhat on July 27, 2023, 06:58:41 AM

Our explorer is now live!

You can browse the explorer here: https://explorer.rethereum.org/

Also we released an update to our CPUMiner to fix bug with found blocks.

Nice GG, when public RPC will be available?

Public RPC is already avalible, a add to metamask button is on the bottom of the explorer.

leeroy.coindeal

newbie

Activity: 76

Merit: 0

Quote from: DrWhat on July 27, 2023, 06:58:41 AM

Our explorer is now live!

You can browse the explorer here: https://explorer.rethereum.org/

Also we released an update to our CPUMiner to fix bug with found blocks.

Nice GG, when public RPC will be available?

DrWhat

newbie

Activity: 75

Merit: 0

Our explorer is now live!

You can browse the explorer here: https://explorer.rethereum.org/

Also we released an update to our CPUMiner to fix bug with found blocks.

MMOStars

member

Activity: 251

Merit: 13

Quote from: SwampSwagga on July 27, 2023, 02:08:51 AM

Quote from: MMOStars on July 26, 2023, 03:51:19 PM

Highly recommend not getting involved in this trash, https://explorer.rethereum.org/accounts 20 accounts account for 99% of coin supply. 0 decentralization, no pools were offered on release and solo mining was absolute (5600x secured only a single block in 2 days). Currently someone is running a private gpu or fpga miner and is hitting every single block on the network. Right now he can just 51% attack the chain and just reorganize the chain at his will. The launch was a failure with no exact date announce, dude just said we are live in a middle of a night and the start was from there.

u mad?

Stop giving any money to this project, you are literally giving away your cash to 3 clowns with private miners. Nobody else is mining at this point.

https://cdn.discordapp.com/attachments/418132519142031362/1134040250545610855/image.png

Main clown collecting your exit liquidity - https://cdn.discordapp.com/attachments/418132519142031362/1134042587624374292/image.png

Dude just scammed someone for 375usdt and trying to get me banned for pointing out that he 1/3 scammers that are only mining the chain.

https://cdn.discordapp.com/attachments/418132519142031362/1134059742076076113/image.png

Topic: [ANN] Rethereum - The ethereum restart project. [PoW] [Blake3] (Read 1441 times)