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Topic: [ANN] Ritocoin [RITO] PoW GPU Mining | Assets | Masternodes | No Pre-Mine/ICO - page 4. (Read 36603 times)

jr. member
Activity: 163
Merit: 4
The curve is exponential not linear.  Grin
newbie
Activity: 8
Merit: 0
is it me or the reward per block is reduced too quickly , as I remember the way from 5000 to 1000 should have been passed 2 months and we have a little more than 24 hours fell from 5000 to 4600?
newbie
Activity: 39
Merit: 0
4,746 RITO in latest block hit by MinerMore
jr. member
Activity: 35
Merit: 2


Ritocoin successfully transitions to exponential block reward reduction

Today at block 157,081 the Ritocoin project successfully implemented its planned reward reduction.  The block reward is being reduced on schedule, and will slowly move from 5,000 to 1,000 RITO per block.  At block 184,024 the reward will be 2,500 and so on...

This success is yet another step forward in our fluid project and now we can head into the future with exciting confidence. Ritocoin's main emphasis is to be a playground for blockchain enthusiasts and hackers.
We have a highly active community of people from all walks of life, and we encourage ourselves to be bold with fresh ideas for our project.

The Ritocoin project developers hold monthly community meetings, and the next one will be scheduled soon.

Look for further enhancements in the weeks and months ahead. Happy mining and happy trading !!
member
Activity: 714
Merit: 11

( https://www.coingecko.com/ru/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B/rito?utm_content=rito&utm_medium=search_coin&utm_source=coingecko )

I see a stable and good price increase for this coin.
I think that with a decrease in unit remuneration, the price will sharply increase!
jr. member
Activity: 163
Merit: 4


Check this guys, icemining.ca ❄ the cool pool RITOCoin 0% fees all weekend  Grin




Hi everyone,

Regarding the block reward change, it is currently due to change on Tuesday, March 19th at about 12:30pm UTC (8:30am EDT, 5:30am PDT)



We are so so close now, eager to see it happening !





jr. member
Activity: 35
Merit: 2







Our Android wallet for Ritocoin has been released.

This is a fork of the Breadwallet code that was used in numerous other coin project wallets, including Ravencoin.

It is fully functional, supports 12 word seed wallets, sends and receives funds, etc.

Asset support is NOT supported in this wallet but will come in future releases.

You can download the wallet for your Android phones and tablets at https://play.google.com/store/apps/details?id=org.ritocoin.aw









Hi everyone,

Regarding the block reward change, it is currently due to change on Tuesday, March 19th at about 12:30pm UTC (8:30am EDT, 5:30am PDT)
jr. member
Activity: 163
Merit: 4


Have a look to Vidulum web wallet new features and layout, supporting RITO.

Point of Sale system started with RITO supported !





https://vidulum.app/
newbie
Activity: 46
Merit: 0
Hard to resist to buy new gpu, those RTX are so sexy, any recommandation for RITO, what new GPU you guys are using ?
Im using a gtx 1070 atm and have been able to mine a decent amount of RITO over the last month or 2, block reward halving is happening in about a week
jr. member
Activity: 35
Merit: 2
Hello the wallet is stuck for me at block 64101 left. I tried already downloading blockchain a few time, with no luck.

https://ibb.co/31fgyQM.

Image in link. Didn't know how to add it to post.

Hi,

You can try to solve your issue by reading our wiki https://wiki.ritocoin.org/wiki/Common_Sync_Problems

or

You can join our discord, we will be more than happy to help you !
jr. member
Activity: 163
Merit: 4
Hard to resist to buy new gpu, those RTX are so sexy, any recommandation for RITO, what new GPU you guys are using ?
newbie
Activity: 89
Merit: 0

Ritocoin Pool

https://nosuchpool.cloud

Code:
 -a x21s -o stratum+tcp://nosuchpool.cloud:3223 -u  -p c=RITO 

fee : 0,3%

No registration required

Payouts: every 1 hour

Dedicated port

NiceHash compatible

jr. member
Activity: 35
Merit: 2
Please find below the new asset explorer thanks to Scotty

https://ritocoin.asset-explorer.net/
jr. member
Activity: 35
Merit: 2
The 2.2.2.0 wallet was released a couple days ago.

It incorporates a gigantic number of achievements courtesy of Ravencoin and in collaboration with Traysi.

We keep finding issues and improvements to RVN and we work with them via Traysi to get them fixed and resolved.

Those improvements get put into the main Ravencoin codebase and then we bring them on over into Ritocoin.

Our plan has been to fork Ravencoin and not stop there, but continue to collaborate with them to improve that chain, and then continue to follow Ravencoin code at Ritocoin.

We have a really good process here for incorporating all new Ravencoin improvements into our own codebase.


I feel very positive for the future.

Messaging will be added to the asset codebase very soon, maybe within a month.
You will be able to send messages to the holders of your assets. That is going to open the doors to surprising and innovative ways of using assets.

2.2.2.0 also significantly improved performance and memory utilization. Traysi led the charge on that one, helping track down why Ravencoin/Ritocoin was using more memory than it should. The asset layer underwent substantial changes to improve this.





Following our community meeting please found below a quick sum up.
Full conversation is on discord #ritodev

https://discord.gg/PE8dZUZ

What are team next move


The next big milestone is the pi/2 day when the block reward reduction starts. We are just over a fortnight away from that event and it is going to be a big event. I will be spending a lot of time leading up to that continuing to test and scrutinize our code to make sure it will work flawlessly. Once we get past that and all the pools hang in there without problems, I will be relieved and ready to move on to further developments.

The block reduction has been tested on the RITO testnet.  No issues observed.



Then future development

    messaging in assets layer

    android wallet for ritocoin

    asset explorer made.

    Ledger support
 



Interesting ideas that came

    Time lock, somthing to investigate

    Masternode, the channel #masternodes has the ongoing conversation. Other than the conversation we have been having, we are not currently developing the masternodes. It is something we like and want to do but the details are still off into the future.
   
    During asset creation let people decide if they want to donate to dev fund (or community fund)

    Asset exchange



Community

    The community fund should be used for community purposes and let's use the dev fund for developments.
   
    We would love to see some people work on the wiki, We could really benefit by having lots of tutorials and FAQs on that wiki
    This is a huge opportunity for us to make Ritocoin accessible to people who want to learn but need a tutorial

    Youtube tutorials on how to make assets, send them, generate manual addresses and sign transactions and all that
   
newbie
Activity: 39
Merit: 0
So this is about the mining projects? good enough see some active community helped to provide information to the other, by the way I don't see your road map on the site, I want to review more about plan what you will do in the future.

You can find a graphic of the road-map of Ritocoin on previous posted here comment #149.



CMC is soon ?

There is a reliable exchange where you can trade Ritocoin: https://safe.trade/trading/ritobtc
Main dev of SafeTrade is active on Rito Discord and always ready to provide answers to your needs: https://discord.gg/aPj2Fyh

block 157,081 - When it will be?
I wonder how long it will take 5,000 coins Huh

You will notice that the block reward is scheduled to start curving down at height 157081. That is about ~35,000 blocks from now which will occur around March 19th.
You can read more on this topic in: https://ritocoin.org/docs/rewards.php


Ask us anything in the Reddit ongoing AMA:
https://www.reddit.com/r/gpumining/comments/at8uqb/ritocoin_a_100_community_driven_project_based_on/




Official community fund wallet address:

jdRbWCgeJ6hJXbPLLvABkydaBWkS73rX8J

https://insight.ritocoin.org/address/jdRbWCgeJ6hJXbPLLvABkydaBWkS73rX8J (QRcode and link to RITOCOIN Explorer)

More infos about it next week!



Ritocoin community meeting 1st March 2019

Dear new comers, miners, members, all of you Ritocoin supporters!

Let's organize a small meeting where you can ask any questions on #ritodev channel in our Discord: https://discord.gg/PUqkDYr.
It is as well an opportunity for team Rito to check the ongoing tasks all together.

We try to please most timezone, @traysi the lead dev will be there @2am and 2 pm GMT.

Have a nice crypto week!

https://cdn.discordapp.com/attachments/514541076527185950/549518922744070144/unknown.png



The Ritocoin dev team is pleased to announce the release of version 2.2.2.0 of the Ritocoin wallet. This release brings us up to date with Ravencoin's latest release, and also contains numerous improvements contributed by the Ritocoin team.  This new release has substantial improvements to the chain syncing performance, and also uses much less memory. Asset indexing is now disabled by default so if you want to run explorer type services for assets, you will need to enable that index. Regular users will not need to change anything in their settings. Download the latest version at https://github.com/RitoProject/Ritocoin/releases/tag/v2.2.2.0
member
Activity: 476
Merit: 10
So this is about the mining projects? good enough see some active community helped to provide information to the other, by the way I don't see your road map on the site, I want to review more about plan what you will do in the future.
newbie
Activity: 39
Merit: 0
This is the official announcement thread of Ritocoin!

Our latest discussions regarding masternodes:

"If you are already familiar with our website, discord or whitepaper, you are probably aware that masternodes had been proposed as a feature of the network from the beginning. This opened the door to ongoing discussions in the Ritocoin community regarding

● A masternode’s true purpose

● What benefit they provide to the project

● How the benefit is realized

● The collateral

This discussion, governed entirely by stakeholders across the extended network yielded a defining moment for our vision of flexibility. We have not yet found the potential utility of masternodes, however, the conversation has not reached an extent to where we could abandon the idea. To quote one of our developers during this discussion on our Discord":

“Just want to give a reminder here that even though masternodes are on the roadmap, it is not set in stone. This coin belongs to the community and we will do what we as a community want to do. If we conclude that we want to take this coin a different direction than masternodes, then that is what we’ll do.”



Ritocoin Covers Your Assetssets

The Ritocoin asset layer went live at block 50,000. Once activated, this feature gives anyone with at least 500 RITO the ability to issue a unique token to the Ritocoin blockchain.

Use cases for assets are limitless. With mobile wallets supporting assets in the future, coupled with the eventual activation of the token-holder messaging feature, new horizons for development are ready to be explored.

With the powers of decentralization and an open distributed ledger, a fair distribution of resources, and the trustless, transparent nature of Ritocoin, assets could manifest new ways of benefiting from cryptographic technologies such as cryptocurrencies and tokenized assets.

Here is a short, and far-from-exhaustive list of ideas where assets could be seen in the future.

· Commodities

· Property

· Sport cards

· Games

· Fiat

· Agriculture

· Audit

· Software

· Energy

· STO

· Contracts


Read more in the following article: https://medium.com/@ritocoincommunity/ritocoin-covers-your-assets-c972ad32c63a
newbie
Activity: 23
Merit: 0
That is not even the official ANN.  It was the first announcement but it was created by a community member named Ritocoin.
 
Please read here what has transpired: https://ritocoin.org/docs/whitepaper.pdf

Basically, Ritocoin is not suited to run the Discord channel and therefore the key members of the community have migrated servers to avoid having Kai at the helm of the server. 

Here is the link to our new discord server https://discordapp.com/invite/5c9wHmy

Dropped by and gave us a lot of insights into the future of Ritocoin.  I've added a lot of the tidbits into the summary above but I know I missed a bit.  Come on into the server to get it all.

I'll be keeping this post updated for the future. 

Thanks for your support !!!
Thanks you, more infornation !!
newbie
Activity: 28
Merit: 0
That is not even the official ANN.  It was the first announcement but it was created by a community member named Ritocoin.
 
Please read here what has transpired: https://ritocoin.org/docs/whitepaper.pdf

Basically, Ritocoin is not suited to run the Discord channel and therefore the key members of the community have migrated servers to avoid having Kai at the helm of the server. 

Here is the link to our new discord server https://discordapp.com/invite/5c9wHmy

Dropped by and gave us a lot of insights into the future of Ritocoin.  I've added a lot of the tidbits into the summary above but I know I missed a bit.  Come on into the server to get it all.

I'll be keeping this post updated for the future. 

Thanks for your support !!!
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