Technical aspects of
The main and
decisive difference in the code, which helps to distinguish rekoin from the
general “crowd” of cryptocurrencies, is a completely different mining
algorithm. It is called CPU mining and is actively working. It is noted for its
significant resistance to chips of the ASIC system. Recently, ASIC miners have
become the main problem of Bitcoins. This conclusion was
reached by representatives of the Bitcoin team. The main problem of ASIC is
that crypto coins accumulate in the hands of a certain number of miners and do
not spread further. Because resistance to their chips can be key to the creator
The new cryptocurrency differs from other
electronic currencies not only in its unique algorithm of work. It can bring
additional benefits by solving a complex mathematical problem. Users of this
cryptocurrency do not just mine virtual RIC coins – they also look for a
sequence of primes. This allows the creators of RIC to fuel interest in new
This decision directly confirms the hypothesis
that primes are related. Previously, the hypothesis was recognized as one of
the most difficult tasks of the 21st century. A private institution located in
the United States offers one million US dollars for this task. Interestingly,
Riecoin’s virtual money is not going to find confirmation, but a refutation of
Currency has a real value in the market, and the
calculations that a computer makes while mining crypto coins are scientifically
valuable. At the same time, miners, as usual, do their job of earning coins. At
the same time, the Riecoin exchange rate always remains stable. The system
guarantees that the production rate will not change, remaining at the level of
one block in ten minutes.
RIC mining features
The share of the pair for mining Riecoin in the
cryptocurrency markets reflects which percentage of the total number of
transactions the transactions in each specific pair will occupy. In fact, you
can see which pair has the most transactions with Riecoin virtual currency. The
volume of trade transactions for Riecoin over the past day is calculated at the
rate of one Bitcoin to the US dollar. The trading volume in rubles for 24 hours
is also calculated relative to the dollar. The course update time can be seen
on sites where tables with the most relevant useful information are presented.
Now for mining, the proofreading algorithm is
used. After this algorithm is replaced, mining on devices using ASICs will
fail. This solution has the support of many developers.
The updated formula allows you to mine Rekoins
from virtually any computer. This is possible when redistributing the load on
many different packages. As a result, we get much more efficient mining. The
list of free pools is constantly growing, and among them, there are many well-known
pools. The requirements for Rekoin wallets are also somewhat simplified along
with the software. Now they have become like this:
- PC with Windows7 and higher;
- 4 gigabytes of memory;
- a small amount of memory;
- properly installed device drivers.
The future prospects of the
The new project was announced in 2014. Then there
were some doubts about the good start of the RIC cryptocurrency, but now it is
clear that it has good prospects. The creators were not mistaken in their calculations
and their future plans. Now the RIC rate has stabilized noticeably.
Reicoin Current Dollar Rate:
Its advantages in solving a difficult
mathematical problem are visible to everyone. They can help many users. This is
its main difference from Bitcoin, which has a backup in the form of Bitcoin
Gold and the previously reviewed Bitcoin Cash. Now they do not exclude the
possibility that new crypto coins will soon be able to join the main Bitcoin.
It remains to solve the problems that have arisen due to the ASIC monopoly.
Recall that Riecoin coins absorbed all the main advantages of cryptocurrencies:
the anonymity of payments, decentralization, independence from the regulatory
authority and the state.
Next year, pools and Rekoin wallets will be
updated. Analysts believe that it will be possible to talk completely about the
prospects for mining Riecoin no earlier than February 2018. Now cryptocurrency
continues to seek investments for its main projects. We must not miss this
moment, because the favor of the retail space is very changeable.
Thus, the prospect of virtual currency will
develop simultaneously in two directions: an investment and payment tool for
miners and a solution to the mathematical riddle of the century. If this
happens, the Riecoin cryptocurrency will become known throughout the world and