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Topic: [ANN][RescueCoin][RSCC] Think Different! Help People! ~ Now on C-CEX ! ~ - page 13. (Read 26731 times)

jr. member
Activity: 58
Merit: 10
full member
Activity: 196
Merit: 100
CryptoLTD...  Can you provide any more details on "exploits & is flawed".  The large premie and scrypt may make it not worth it anyway, but would be great to have all the information possible to help everyone make informed decisions.

Thanks...

A while back, there were exploits with KGW's  code ( probabaly 4 months or so ), where durring a fork ( intentional change to the block chain for w/e reason ie. hot fixes sort of thing ), the block chain could be attacked. Altho not fond of the person, I believe BCX ( a known person in the alt coin world ), did this when AUR coin did their fork. From that time forward, I dont believe many have been using the KGW code , in its origional form, I have seen coins refer to 'their' version of KGW as somthing to the effect of 'updated' or 'revised' or some way of explaining that it is not the original code.

Considering you can never be too cautious , one should anticipate that down the road, there is the possibility of forking the chain , to update, change, alter, improve. Not considering this would be an unwise , and highly unlikely scenario unless the con dev(s) only plan to make yet, another coin to 'have their way with'.

If I could point you to an exact example I would, however, perhaps a forum search or google search , will provide more indepth information.
newbie
Activity: 51
Merit: 0
CryptoLTD...  Can you provide any more details on "exploits & is flawed".  The large premie and scrypt may make it not worth it anyway, but would be great to have all the information possible to help everyone make informed decisions.

Thanks...
hero member
Activity: 574
Merit: 500
newbie
Activity: 3
Merit: 0
Good idea, first coin for people in need  Roll Eyes
I give RescueCoin a big Chance !!!!!
full member
Activity: 196
Merit: 100
KGW has exploits & is flawed. I'll pass.
newbie
Activity: 52
Merit: 0


Updates
08/31/2014 : 55,555 Pre-Mined Coins will be sold for the September Donation. You can find a detailed description here.

Social:

Official website : http://rescuecoin.org
Facebook: https://www.facebook.com/rescuecoin
Reddit: http://www.reddit.com/r/Rescuecoin/
Twitter: https://twitter.com/rescuecoin
2nd Forum: https://cryptocointalk.com/forum/1961-rescuecoin-rscc/

Faucet:

http://cryptoarrow.com/faucets/rescuecoin/


What is RescueCoin?

RescueCoin is a cryptographic currency, similar to Bitcoin and Litecoin, with one major difference which was launched on the 15.07.2014 06:00 P.M. UTC/GMT


What is different?

RescueCoin was found by people who want to help people.
We, the team RescueCoin have made it to our mission to help people in need. Out of this idea RescueCoin was developed.
With RescueCoin we give you the opportunity to actively support people in need and/or to finance medical research projetcs.
There will be a fundraiser every first Saturday of the month and furthermore we will add some Pre-Mined Coins.
The collected coins will be passed to organisations which you (the community) vote for on our website the week before.
Whether if you vote for conflict areas or for research – the money will arrive!


Technical Details:

Algorithm: Scrypt
Symbol :  RSCC
Max Coins: 100 million RescueCoins (after we reach 100 million the block reward will be 5)
Block time: 2 minutes
Difficulty Re-Target Time:  Every block with Digishield algorithm
Block Rewards: 150 coins per block at the beginning

Number of confirmations needed for transaction = 4
Number of confirmations needed for block to mature = 10

Source Code: https://github.com/RescueCoin/RescueCoin

Premine

3% - We know that is a lot! But we will explain how it works:

1% will be for the development, giveaways, promotions, etc.
2% will be in an “trust account”. These coins will be added to the monthly fundraiser.


Giveaways: Facebook&Twitter

 For 250 #rescuecoin tweet us @rescuecoin what charity you think does the most good and why. Bonus given to the best tweet! Plus another 250 #rescuecoin for doing the same on Facebook!


Explorer

http://cryptobe.com/chain/RescueCoin


How to Mine
    
1)  GPU mine using CGminer
 
2)  GPU mine using CUDAminer
        
3)  CPU mine using CGminer or CPUminer
    
4)  CPU mine with wallet (currently slowest method):  
   1. Open RescueCoin Wallet
   2. Choose Help
   3. Select Debug window
   4. Select Console
   5. Type “setgenerate true
   6.  type  "getmininginfo" to see hashrate


List of Pools

http://rsc.hashlink.eu/



Exchanges

C-Cex
CoinExd


Wallet

You can find Windows, Linux and Mac wallet on our website: http://rescuecoin.org/wallet/

For those who cannot sync please add nodes, check out this fix:

1. Download the Wallet from http://rescuecoin.org/wallet/ depending on your O.S (Windows, Linux, Mac)
2. unpack the file and run rescuecoin-qt and then close it (exit).
3. Like in any other Wallet software the Rescuecoin folder will be created and is hidden by default.
You have to enable viewing hidden files on your system to be able to see the folder.
The data of Rescuecoin and the wallet will be in this folder. The path of this folder is:

on Windows:
C:\Users\\AppData\Roaming\Rescuecoin\

on Linux:
/home//rescuecoin/

on Mac:
/Users//Library/Application Support/Rescuecoin/

to see this folder on Mac: hit shift + command + G which will GO to a folder,
then type in this location: ~/Library/Application Support/Rescuecoin

4. Create the rescuecoin.conf file (configuration file) in the Rescuecoin folder with the following contents:

server=1
rpcuser=[username]
rpcpassword=[password]
addnode=85.214.93.10
# Listen for RPC connections on this TCP port:
# rpcport=46442

Notice: rescuecoin p2p port is 46443 and rpcport is 46442.

5. run rescuecoin-qt again and the wallet should synchronize automatically.


EDIT
Hello community,

after the consideration of a lot of possibilities we would like to inform everyone that we are sticking to our concept.
But we will change the Premining! Our Premining will be reduced to 3%. (2% for monthly fundraiser, 1% for promotion, costs, development, etc.)

The reason for this is a great response by email and users from the forum that such a huge Premining won’t have any future.

The explanation why we stick to 3% is the following:
As you can see from our concept, RescueCoin was created to support people in need.
We will cover a period of 36 months where we have every first Saturday a donation day.
So every month we will donate 55,555 RSC (2,000,000 RSC / 36months) to a charity which you vote for.

Furthermore, we will also install a donation address on our website so that you can donate for people in need at any time.

We continue to hope for your support and your trust.

Thank you very much
Your RescueCoin Team



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