Topic: [ANN] [XRX] RCoinX - The final and fixed generation of RCoin - page 9. (Read 3688 times)

Why you keep start a new thread? You should stick to one. Only in this way can you build up a strong comunity. The community will help you to test it before its final launch. But why.... This is your 3rd project.

Each coin is supposed to have a lower value. I do not want one coin to be worth $100 or $1000. Preferably, one coin would be worth $0.10, which is the reason for the higher block rewards.

I couldn't get the GUI Wallet working, however managed to set up the daemon, the simple wallet and the miner from command line (windows 10, 64 Bit)

I'm getting a few blocks here and there running a Ryzen 1700.

However I'm suspecting the scale/economics of the coin might be out of alignment (broken) due to the massive coin distribution of 1844674407 coins

I've grabbed block height 582, 597,603,619,636,643,644,672,689,690 and 728 in the last 30 minutes or so.

Obviously this is early days and I'm one of the few miners who have this working. I'm using a Ryzen 1700, but only devoted 6 threads to the mining, so I'm not exactly a mining powerhouse (plus I'm not going to burn my CPU with all coins at 100% for such a speculative endeavour).

So I've got 2198 coins in the simple wallet now, which sounds fantastic in theory for 30 minutes of mining.

But, thats in theory...

The problem is, the coin supply is 1.8 Billion Coins.
And, the coin is Cryptonight.
As soon as someone sets up a pool (and gets GPU mining up), anything I mine now is going to be a tiny drop in the ocean and a complete waste of time and energy. I suspect people will be pulling millions with a GPU.

So, whilst I love the "no-premine" and the opportunity to grab a few blocks early, the reward for doing so is just not enough for me to be crushing my CPU on my desktop PC. Especially when you consider even a 1 sat price on an exchange seems very fanciful based on the massive distribution.

Dev : I applaud your tenacity and efforts to get your coin off the ground, but I'm not sure the massive distribution is a good idea. Having said that I'd welcome your input and thoughts into why you might think otherwise





 
 

Excuse me, why don't you put more info about the project here, instead of redirecting to your website.
I think it's easier to get the information than we have to go back and forth to another link.

I'm starting to feel rich  

I have many active peers and several miners. I'll have to see more why it doesn't work for some. I test on my PC and in a VM, but that doesn't cover every configuration so it's hard to tell.

10 second block time... why??

No, it doesn't work.

It does work. Also on the password bit: I am working on that and if you recall, previous RCoin did not have password support for wallets.

I didn't recompile, I wrote out a config file with the options I wanted. That's supported. My main selling point is the anonymous messaging which I've written from scratch.

Seriously, you didn't even change the coin name from "forknote" in CryptoNoteConfig.h, left all the seed nodes as bytecoin nodes, didn't set a proper base_58_prefix etc etc. If you're going to do a copy/paste coin, at least bother to change the things that need changing.

What is the advantage of your coin over, for example, Zerocoin? There is anon tech and fast transactions and it seems that you are not offering much more than that at this point in time?

I actually have a roadmap this time. My next project will be improving the messaging feature, which is currently still very basic (but working! I encourage you to try it).

He should at least show some progress with this new one. Huge supply so this one might end up at 1 sat or no value at all. That is if there's no significant development here.

No more go blockchain? Oh well.

seems it';s not working !  dev please stop your testing ~~~ you'v released 3 test projects till now

and now it's just a Forknote coin.....even no place to set password for wallet  

what's different ? any special than the past 2 version ?

the old RCOIN has a very new idea, it's so different with other altcoins, why not keep developing on that

waiting for demon to load like 20 minutes

OOPS! I have a mistake on my coin's site then. I'm going to fix that.

You need to specify rpc port for wallet to communicate with the daemon. In downloaded it is --daemon-rpc-port option. For me it was like this:
miner.exe --address FATwJq4RF61WdwRq59E16vV2S5ZBV6MN58Axt5BYYV1ySRTk1SprjKbUYsiQ93uZ3sHjjDp6NYdyDeJ 1ZJy471AAUBo8WET --threads 2 --daemon-rpc-port 12991 --log-level 4

the --log-level 4 is for additional output of the miner