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Topic: RuCoin - alternative new crypto currency - page 2. (Read 4515 times)

legendary
Activity: 1512
Merit: 1036
October 28, 2011, 04:20:21 PM
#2
I don't know that I would be downloading Russian EXEs from newbie posters...
newbie
Activity: 14
Merit: 0
October 28, 2011, 04:15:15 PM
#1
you know? alternative new crypto currency  is now starting !!!

new alternative new crypto currency  - RuCoin

How to Start

Step 1
Get a RuCoin Wallet

The official RuCoin client is a program you can install on every Windows computer. Simply download and install it. Client allows you to receive, send and store your RuCoin coins.
It will automatically create a wallet for you and start downloading the transaction history.

Once your wallet is set up, you'll get your first RuCoin address, which means you're ready to receive, send and store RuCoin coins!

Download official RuCoin client - https://www.rucoin.org/rucoin-setup.exe
Download page  - https://www.rucoin.org/download/
RuCoin official site -  https://www.rucoin.org/

Step 2
Get a software for mining

Download Guiminer a programm for mining use GPU and CPU (poclbm, ufasoft, phoenix)

Guiminer official site: https://bitcointalksearch.org/topic/gui-mining-updated-dec-3-with-7970-bugfix-also-supports-stratum-3878
Download guiminer: guiminer-20110824.exe https://github.com/downloads/Kiv/poclbm/guiminer-20110824.exe

Step 3
Go to pool and set up miner

Mining Pool 

#1 - http://focalway.com/
Once you have your client set up and you have registered with a pool, the next step is to set up the actual miner.

Set up Guiminer:
host - focalway.com
port - 8344
username - worker username  (not account username)
password -  worker password  (not account password )

Pool runs on host IP focalway.com, port 8344.

An example for the command line options to run poclbm and phoenix are included below:

Windows examples:
poclbm.exe -d1 --host=focalway.com--port=8344 --user=worker_name --pass=XXXX
phoenix.exe -u http://worker_name:focalway.com:8344/ -k poclbm DEVICE=0

#2 - http://rucoin.itzod.ru/
Once you have your client set up and you have registered with a pool, the next step is to set up the actual miner.

Set up Guiminer:
host - rucoin.itzod.ru
port - 8844
username - worker username  (not account username)
password -  worker password  (not account password )

Pool runs on host IP rucoin.itzod.ru, port 8844.

An example for the command line options to run poclbm and phoenix are included below:

Windows examples:
poclbm.exe -d1 --host=rucoin.itzod.ru--port=8844 --user=worker_name --pass=XXXX
phoenix.exe -u http://worker_name:rucoin.itzod.ru:8844/ -k poclbm DEVICE=0

Step 4
Go to trade

go to https://btc-e.com where you can trade ( sell, buy or exchange) RuCoin

trading pairs - RUC / BTC  and  RUC / USD   - now available


What is RuCoin?
RuCoin - a crypto-currency and payment and financial system based on algorithms Bitcoin.

The fact that RuCoin started after 2 and a half years after Bitcoin, a big difference. Already there are new technical solutions, has accumulated a wealth of experience - all this can be used. Passed stage of development with experiments and the "children's sores." Left behind while all kept the faith, and was accompanied by enthusiastic burst of ridicule skeptics predicted crypto currencies complete futility and imminent oblivion.

Today, the crypto-currency - this is the real financial mechanism, which works in the evidence does not need. Now it's time to practically apply the capabilities of this tool for financial transactions.

Why do I need RuCoin, when there is Bitcoin?
This is a question about the same kind as, "Why do you need a bus, when there are trucks?". The answer is obvious - a class of "transport" includes categories: light vehicles, trucks and buses. Each category has its own specifics and different problems. The existence of some cars do not exclude the needs of others. Admittedly, stupid, carry bricks to the construction site passenger bus?
Class of "crypto-currency" does not necessarily imply the existence of a single currency, but on the contrary - understanding and learning to use a crypto-currency, you can use a variety of other parallel.

And what is the specific RuCoin?
In short - a more stable course.
In the world of crypto-currency, Bitcoin - a worldwide battering ram, whose main task - with a roar penetrate the walls, creating a moment of reflection and debate among supporters and opponents of anonymous financial instruments. It is difficult to talk about stability when the system is at the forefront of the struggle of interests, when there are many who want to destroy this system, but there are many, and those who want this system to develop and strengthen. Constant fierce struggle of interests course causes instability, which creates a number of disadvantages for practical use of such currency.
Another thing - RuCoin.
This project was not born on the battlefields. At the heart of RuCoin - ready, proven solutions and lessons learned. All the best that has been developed for Bitcoin, it is easy to apply and to RuCoin.
Conceptually, RuCoin - this is a layer of stability and security, when, instead of blind hope for "the invisible hand of market" principles are used strict currency regulations. Instead, to give the exchange rate at the games speculators, who for the sake of their earnings will be his most unpredictable chatter in the system RuCoin provides some tools to functionally similar central bank and the stabilization fund, whose main task - to make the course of crypto-currency as a stable, predictable and guaranteed .

RuCoin, unlike Bitcoin, totally unsuitable for currency speculators, but it is very suitable for the conservation and savings to ensure a stable and reliable infrastructure of payment systems new generation.

In addition, RuCoin towards Bitcoin may well serve as a reserve currency crypto, which can be translated part of the funds for the insurance of all kinds of surprises.
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