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Topic: [ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record - page 225. (Read 685214 times)

newbie
Activity: 48
Merit: 0
Hey Dev,

Can you contact Gliss to post Riecoin on coinmarketcap.com?

Riecoin needs a static site that displays total supply first. This will come when a block explorer comes on, which I and another user are still working on
full member
Activity: 434
Merit: 100
I love the premise of the coin.  Lots of potential!  Way too many coins released without the developer giving constant updates and having interaction with the community.

Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.

If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.

Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix.

In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing.

Mostly agree.  I think marketing is essential.  Look at Dogecoin.  Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. 

Focusing purely on development is a lethal mistake.  There are now over 120 coins on marketcap, and Riecoin isn't one of them. 

Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!).

I hope you are right.  We can agree to disagree.  I actually think the community and marketing is far more important.  Do you really think Nike shoes function that much better than 10th placed shoe in the market, or does the marketing of Jordan, Lebron, Tiger set itself apart?
hero member
Activity: 630
Merit: 501
I love the premise of the coin.  Lots of potential!  Way too many coins released without the developer giving constant updates and having interaction with the community.

Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.

If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.

Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix.

In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing.

Mostly agree.  I think marketing is essential.  Look at Dogecoin.  Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. 

Focusing purely on development is a lethal mistake.  There are now over 120 coins on marketcap, and Riecoin isn't one of them. 

Absolutely, Doge's marketing efforts have been brilliant, and marketing itself is definitely of value without anything else. The reason I keep buying more RIC is because I feel like the harder part (development) is very solid. RIC doesn't need marketing brilliance to succeed, it just needs good marketing - which in my opinion will only take a matter of time. As mentioned above, the coin won't die from low prices, that will just make it easier to mine and buy draw in more newcomers (hopefully a good marketer too!).
full member
Activity: 434
Merit: 100
I love the premise of the coin.  Lots of potential!  Way too many coins released without the developer giving constant updates and having interaction with the community.

Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.

If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.

Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix.

In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing.

Mostly agree.  I think marketing is essential.  Look at Dogecoin.  Nothing special about the coin from a development standpoint, but the community and marketing sets it apart. 

Focusing purely on development is a lethal mistake.  There are now over 120 coins on marketcap, and Riecoin isn't one of them. 
sr. member
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
Hey Dev,

Can you contact Gliss to post Riecoin on coinmarketcap.com?
hero member
Activity: 630
Merit: 501
I love the premise of the coin.  Lots of potential!  Way too many coins released without the developer giving constant updates and having interaction with the community.

Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.

If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.

Gatra stops in to say things every couple days at least. You'll also see him frequently on Riecointalk.com. Also, he's the first dev I know of who updated with the new Bitcoin transaction malleability fix.

In the end, marketers are a dime a dozen, but someone who can write something like Riecoin is a great rarity. That said though, I agree RIC is desperately in need of better marketing.
full member
Activity: 434
Merit: 100
I love the premise of the coin.  Lots of potential!  Way too many coins released without the developer giving constant updates and having interaction with the community.

Maybe most of these guys don't have a marketing background, but at the very least you should visit your own thread to re-store consumer confidence.

If you want to succeed with this coin you will need to be more active, or this coin will fall by the wayside.
sr. member
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
Is this coin dead?

too difficult to mine

too low the price

As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium.

I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground.

Out of all the cryptos I've invested in, this is the one that I've got most wrong. It's a great idea, but it seems like some entity (botnet / GPU miner) is constantly dumping the price lower. I hope they move on soon. This chart is not pretty viewing:



At some point the price/work will reach equilibrium.  Still I think the developer could improve the code so that it requires a lot more memory, which will make things a lot more difficult for Botnets, as the infected users will notice the slowdown and find the botnet software. Thus prompting the botnet to move to a new coin.

You know what I say to this low price? Buy more! That is exactly what I am going to do when I can today. And that is a very good point. Dev, can you consider implementing this?
hero member
Activity: 630
Merit: 501
Please use this version of the Riecoin video for promotions. I opened an account just for Riecoin. Also, when I can figure out how to associate the channel to riecoin.com, It will eventually have clickable links right in the vid that take you to the official website. So please direct all traffic here.
http://www.youtube.com/watch?v=8zzwimv5VQg
full member
Activity: 168
Merit: 100
Is this coin dead?

too difficult to mine

too low the price

As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium.

I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground.

Out of all the cryptos I've invested in, this is the one that I've got most wrong. It's a great idea, but it seems like some entity (botnet / GPU miner) is constantly dumping the price lower. I hope they move on soon. This chart is not pretty viewing:



At some point the price/work will reach equilibrium.  Still I think the developer could improve the code so that it requires a lot more memory, which will make things a lot more difficult for Botnets, as the infected users will notice the slowdown and find the botnet software. Thus prompting the botnet to move to a new coin.
full member
Activity: 140
Merit: 100
Is this coin dead?

too difficult to mine

too low the price

As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium.

I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground.

Out of all the cryptos I've invested in, this is the one that I've got most wrong. It's a great idea, but it seems like some entity (botnet / GPU miner) is constantly dumping the price lower. I hope they move on soon. This chart is not pretty viewing:

full member
Activity: 168
Merit: 100
Is this coin dead?

too difficult to mine

too low the price

As price goes down, miner stop mining the coin, which makes it easier to mine for others. So at some point it reaches an equilibrium.

I wish the developer was a bit more active, but understand is probably A LOT of work to get things off the ground.
sr. member
Activity: 494
Merit: 250
Is this coin dead?

too difficult to mine

too low the price
sr. member
Activity: 278
Merit: 250
Five (5) orphan blocks within the last 24 hours - so one-quarter of my solo mined blocks end up as orphans Tongue

@gatra

Have you started to work on a GPU miner? If not, how long from now until you begin to work on a prototype?
full member
Activity: 168
Merit: 100
Wondering why is it listed as RIC, instead of RIE?
hero member
Activity: 583
Merit: 505
CTO @ Flixxo, Riecoin dev
But you will then pay a hefty penalty in mining performance for checking all six candidates instead of an early abort strategy when checking a chain of four candidates. Modular exponentiation is a very expensive operation for the size of numbers that we are dealing with.

Yes, that's why I suggest requiring the first number to be prime. This will filter out lots of cases, so if the effectivity of the sieve is good, the overhead of not doing the early abort wouldn't be that much. Maybe require first 2 numbers to be prime... this should be enough to discourage biasing towards 4-tuples without much overhead.
sr. member
Activity: 278
Merit: 250
Thinking about the pooling issue a bit more, I have a suggestion for how to refine it:

A key danger already identified by the Riecoin creators in using 4-chains as the PoW for pooled mining is the possibility of creating a miner tailored to finding 4 chains.

This isn't theoretical - I've played with a proof-of-concept, and it's both easy and gives a share advantage over a "correct" miner.  I've also run into it on the other side, where by too-aggressively screening out all six candidates, I created mining code that almost never generated a pool share unless it also found a block.  

I don't think it's possible to avoid all bias in this, but a few possibilities make it easier to make a more-correct pooled miner.  The first suggestion also has the advantage of providing a form of variable-difficulty pooled mining that is independently controllable from the Riecoin difficulty itself:

(a)  Minimum divisor requirement for *all* numbers:

   Accept PoW only if:
    (a)  The first four numbers are (MR) prime; and
    (b)  None of the six numbers has a divisor <= N for N=some reasonable size prime.

As an example, the optimized miner jh00 released sieves all six possibilities up to 50,000  (https://github.com/jh000/xptMiner/blob/master/xptMiner/riecoinMiner.cpp ).  A minimum PoW of 50,000 would then exclude any share that has more of a bias towards four-chains than the default ypool miner.

(b)  Generator polynomial matches only

The pattern of primes chosen for Riecoin (p, p+4, p+6, p+10, p+12, p+16) can only occur at certain values.  The simplest polynomial for these is n*210 + 7 and n*210 + 97.  Any miner searching at locations *other* than these is clearly doing something weird, because no valid 6-chain can occur at other locations.  Any non-matching share should be rejected.

  -Dave


Another way around the bias towards 4-tuples, is that the pool should accept any sextuplet of the required form as long as at least ANY 4 of the numbers are prime (instead of the first 4). This way, if you bias towards the first 4 you loose the other combinations. If you bias towards all the combinations, you are at the same time biasing towards the full sextuplets. This would discourage searching for shares instead of actually searching for blocks.
In order to optimize both the miner and the server side checking, I would require only the first p to be prime, as long as at least 3 of the other 5 numbers  (p+4, p+6, p+10, p+12, p+16) are prime too.

But you will then pay a hefty penalty in mining performance for checking all six candidates instead of an early abort strategy when checking a chain of four candidates. Modular exponentiation is a very expensive operation for the size of numbers that we are dealing with.
hero member
Activity: 583
Merit: 505
CTO @ Flixxo, Riecoin dev
Thinking about the pooling issue a bit more, I have a suggestion for how to refine it:

A key danger already identified by the Riecoin creators in using 4-chains as the PoW for pooled mining is the possibility of creating a miner tailored to finding 4 chains.

This isn't theoretical - I've played with a proof-of-concept, and it's both easy and gives a share advantage over a "correct" miner.  I've also run into it on the other side, where by too-aggressively screening out all six candidates, I created mining code that almost never generated a pool share unless it also found a block.  

I don't think it's possible to avoid all bias in this, but a few possibilities make it easier to make a more-correct pooled miner.  The first suggestion also has the advantage of providing a form of variable-difficulty pooled mining that is independently controllable from the Riecoin difficulty itself:

(a)  Minimum divisor requirement for *all* numbers:

   Accept PoW only if:
    (a)  The first four numbers are (MR) prime; and
    (b)  None of the six numbers has a divisor <= N for N=some reasonable size prime.

As an example, the optimized miner jh00 released sieves all six possibilities up to 50,000  (https://github.com/jh000/xptMiner/blob/master/xptMiner/riecoinMiner.cpp ).  A minimum PoW of 50,000 would then exclude any share that has more of a bias towards four-chains than the default ypool miner.

(b)  Generator polynomial matches only

The pattern of primes chosen for Riecoin (p, p+4, p+6, p+10, p+12, p+16) can only occur at certain values.  The simplest polynomial for these is n*210 + 7 and n*210 + 97.  Any miner searching at locations *other* than these is clearly doing something weird, because no valid 6-chain can occur at other locations.  Any non-matching share should be rejected.

  -Dave


Another way around the bias towards 4-tuples, is that the pool should accept any sextuplet of the required form as long as at least ANY 4 of the numbers are prime (instead of the first 4). This way, if you bias towards the first 4 you loose the other combinations. If you bias towards all the combinations, you are at the same time biasing towards the full sextuplets. This would discourage searching for shares instead of actually searching for blocks.
In order to optimize both the miner and the server side checking, I would require only the first p to be prime, as long as at least 3 of the other 5 numbers  (p+4, p+6, p+10, p+12, p+16) are prime too.
member
Activity: 100
Merit: 10
Some test made me feel very dangerous, I like the sense of adventure, also like to challenge new things
hero member
Activity: 630
Merit: 501
Hey guys...check out a great introduction video to Riecoin one of Riecoin's community member made!
https://vimeo.com/87464754
You did a great job with that video! You should reupload it on youtube so more people see it.

Agreed, YouTube format would allow easier website embedding, and might just get some hits from people browsing related videos

Makes sense, I'll get it up there today and give it a nice set of tags and CC keywords.
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