Topic: [ANN][RNG] Ring: Widest ever initial distro | Proof of Play | CPU Mining | Hive - page 7. (Read 7610 times)

I hope my machine is also compatible later. It should be a promising coin, since people so crazy to talk about this and can't wait anymore to see the wallet release. 1 btc = 1 rng, happy for rich people that become more rich than before.

I'm on their telegram channel and this is probably one of the busiest telegram I'm in now, I'm also waiting for the release of their wallet and the miners so I'll know if my machine is compatible to mine this coin, which is going to be a promising coin in the market, I hope the hype and the wait are all worth it for those believers like me.

According to their telegram group, they will give a statement soon they will first posted the updates on their discord channel: https://discordapp.com/invite/Awy5ajZ and after posting on their discord they will spread it in mediums and telegram.

Let's hope that they will release it soon, just join on their discord or telegram group for updates.

When the announcement will come for the launch of their wallet.

- Yes, "a few" days. As ever, watch our Discord for latest news -- including at least several hours of advance notice when we are able to release.

We're launching two entirely new mining methods at once (and custom difficulty adjustments for them), and doing the widest ever initial distro. Trust us, you don't want us to rush this.

It's taken us a few days to both validate our chainstate snapshots, and to address some protocol and wallet issues identified on our private testnet. We're now happy with where we are at, but there is one last thing preventing us launching.

As the max sustainable population of Hive agents varies between the two chains (20 million bees on LCC, 1 million dwarves on RNG), we need to calibrate the chainwork scaling algorithm which works to enable the different types of mining to work together symbiotically (see Hive 1.1 WP for more info).

This means we must wait for the testnet hive difficulty to start to float correctly, which could take another couple of days.

While it's frustrating for us all to wait, getting this correct now will help to ensure a positive experience for users, minimise reorgs, and save the coin from an early UASF to repair the calibration.

This extra delay also has given us extra time to make sure that when we launch, we have all the infrastructure in place to make rollout, initial sync and user on-boarding as smooth as possible.

So I cannot send the coins yet? But I am expected to send my BTC to another address. Then use my private key to see if I got the coins, that I can do nothing with? I would have thought that at the moment of the snapshot. Mining would start. And miners would start verifying each transaction? What is the ETA? It seems to me you should have waited longer! Got your ducks more in a row! I have now way of knowing if I even got coins, and the only information I got is the wallet/miner with be ready in a "FEW" days?

Wallet is still being tested.

Not ready yet?

Quick update folks; also crossposted to Ring and LCC Discords. The team's been crunching for hours to get our Ring chainstate snapshots so that they are absolutely correct; due to some chainstate database format strangeness in Dogecoin, we're not quite there yet, though very close to having that resolved. The chainstate snapshots are the first items on an extensive pre-flight checklist. We want to be sure that when we release, not only the wallets but the supporting infrastructure are as solid as can be.

I'm not going to give any release time estimate other than to say that a release within the next 24 hours is, at this point, pretty unlikely.

Once we do have a final release, we will hold for at least a couple of hours and announce the release time across all mediums.

However, when it comes time to finally drop the links, while we'll try to drop them on all mediums as simultaneously as we can, Ring Discord #general chan will be the first on the paste list.

Proof-of-play blocks will not be available until there are Hive-mined blocks (which will take at least 2880 blocks, since the first dwarves need to mature), and Minotaur pow blocks begin on a slow-start, ramping up from zero to their final block reward of 0.2 RNG over 2000 blocks. This is to prevent early miners having an unfair advantage before everyone's had a chance to get synced, as well as to allow mining difficulty a chance to adjust to the network's collective hashrate. So, don't worry if you're not there from minute zero, you won't necessarily get left behind.

Furthermore, as with the LCC launch, it will be provable that no mining has occurred between the Initial Distribution blocks and publicly mined blocks.

Snap shot will be the first to come, later they will make an announcement and they will update the announcement thread if they launch their wallet, I'm also curious on their mining and if it is compatible with my machine and will it be profitable in my location if I will mine this coin.

mining already started?

Hi, our cpuminer-multi fork supporting the new algo is already publically available: https://github.com/litecoincash-project/cpuminer-multi/

Is CPU opt-miner compatible with this algorithm or is there another dedicated miner?

Should be very soon after snapshot, dev said a few days after...

Dev, when will be source code and win wallet awailibe?

DRUM ROLL 

I'll be waiting the CPU miner I'm interested in how to mine this new coin, last time I mine was 3 years ago and this is the best time to stumble a new coin to mine when the market is going to the bull run so how many days before we can download the wallet and the miner.

Thank you (and all others) for your kind words

STAY TUNED...we are almost there
797 blocks till snapshot

797 blocks equals about 17.39 hours.

So snapshot in about 17 hours 20 min  from now.

Not possible right now, the wallet will be available a few days after snapshot. More info will be on https://ringcoin.tech

Wallet on internal tests.