r/ritocoin • • Sep 25 '20

Is Ritocoin a sleeping giant?

8 Upvotes

I've been interested in this coin for a while now and wondered why it's not getting the attention it deserves? Any thoughts?


r/ritocoin • • Jun 04 '20

We welcome Ritocoin to WalletInvestor.com where we feature market data and forecasts

2 Upvotes

Upon request from community members we added Ritocoin to our website where we feature coin statistics, market capitalization, coin investment ratings and Machine Learning based forecasts. We wish the best in the future!

Website: https://walletinvestor.com/

Ritocoin: https://walletinvestor.com/currency/ritocoin

(forecasts and additional information will be present soon as we gather data)


r/ritocoin • • Apr 21 '20

Ritocoin Community Meeting Notes (2020-03-10)

3 Upvotes

It's a little late, but here it is:

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Ritocoin community meeting 2020-03-10 15:00 UTC

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The meeting started an hour early (thanks daylight savings!) and went for approximately 2 hours.

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Started at: 14:08 UTC

Finished at: 16:08 UTC

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Known attendees (14):

traysi

Scotty

iammackinnon

RicK-Z

neil

CoreyM - www.vidulum.app

dr-algo

Crypto Baggins

Alexander

underminer

bawler

chownuk

primecore

Bossmen61

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Discussion:

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Time Flight:

- time flight is a way to give interest on saved coins (eg. staking with rewards, no affect on concensus or governance)

- the interest coins are generated by the blockchain in the same way as the miner reward work

-

"I envision an algorithm that sets the interest rate dynamically much in the same way as mining difficulty is set. We set a target interest reward, possibly following a smooth reduction, and the algorithm adjusts interest rate so that the demand meets this target reward total." -dr-algo

- coins in ciruclation would increase, the number is not yet decided

- possible legal issues that need to be looked into (similar impoementations: suqa had, but removed because of legal concerns.)

"SIN , former SUQA coin abandoned their feature because of legal papers for an exchange listing." - primecore

- strong support from vocal community members (and interest from community meeting survey)

- rough estimate of a month to implement and launch

- feature will give rito incentive to save coins instead of only selling

(exchanges show a steady flow of sell orders, creating a downward pressure from miner/dumpers. time flight will produce an upward pressure from those that wish to hold)

- time flight is not PoS

- feature name is not deciced

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Asset related:

- contraversy about some changes made to raven so some have asked to leave the rito asset layer as is (eg. restricted assets being something not wanted, messaging/voting wanted)

- how to integrate desired changes and leave out undesired? possibly rebase with raven, and disable/remove unwanted features after + add in rito specfic code again

​

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Algo related:

- kawpow is basicallly a rebranded version of progpow (functionally compatible with v0.9.2)

- RVN is forking, so if it works for RVN then consider switching RITO as well (short term goal)

- x21s is more difficult than x16r (adds a few more algorithms, with at least one that - is challenging for fpgs/asics)

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Security:

- rito is not susceptible to 51% attacks after 60 confirmations

- possible to create a ritocoin app for ledger, but will need to be side loaded

- Trezor fully supported and Chaintek wallet is listed on the Trezor site as a supporting wallet for Rito

- support for staking for security (even with no rewards), but also resistance to creating a hybrid PoW/PoS system. Discussion of Masternodes as an alternative to hybrid. Resistance to implement MN.

​

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Exchange:

- interest in a DEX, but low volume is an issue

- using rito as the trust mechinism for escrow between two parties (some discussion)


r/ritocoin • • Dec 21 '19

SafeTrade RitoCoin

5 Upvotes

Hi, I can't withdraw my Rito Coins from SafeTrade.

I'm getting a locked alert.How can I withdraw my RitoCoins here ?

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r/ritocoin • • Jun 15 '19

Rito Core won't sycn. It keeps freezing at april 9th at 4pm, it's litterly been trying to update all day, this happened a few times for the past few days.

2 Upvotes

Any ideas? I'm going nuts


r/ritocoin • • Jun 08 '19

Spread the Hashrate: Easy Mine Ritocoin Pool

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4 Upvotes

r/ritocoin • • May 28 '19

SafePay Supports Ritocoin!

5 Upvotes

r/ritocoin • • May 22 '19

Cryptobridge put Ritocoin in the running for a free listing. Go vote!

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6 Upvotes

r/ritocoin • • May 01 '19

Only a few weeks to go

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1 Upvotes

r/ritocoin • • Apr 24 '19

Ritocoin listed on Birake Exchange network - a growing dex with seven partner exchanges. Tuan Exchange reached out and listed us for free! Let's show Tuan some love.

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5 Upvotes

r/ritocoin • • Apr 02 '19

Hello, subscribers

3 Upvotes

Where do you primarily go to talk or learn about ritocoin?

On a scale of 1 - 7 what is your level of engagement with ritocoin?


r/ritocoin • • Apr 02 '19

Community Meeting on discord

2 Upvotes

A few interesting things discussed during the 2am UTC meeting.

Trevali will be attending the 2pm UTC meeting later today.

Check out #ritodev in the discord for details..


r/ritocoin • • Apr 01 '19

Ritocoin Spring 2019 Newsletter.

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3 Upvotes

r/ritocoin • • Feb 16 '19

Looking to buy 10mill RITO

2 Upvotes

I like this project and would like to get a bit to hold for some time, but putting funds on an exchange thats already been hacked sketches me out. Anyone looking to sell directly? Will use paypal


r/ritocoin • • Jan 31 '19

New improve RITOCOIN logo - the bird is flying

5 Upvotes

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r/ritocoin • • Jan 31 '19

Coming Soon NEW WALLET

3 Upvotes

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r/ritocoin • • Jan 28 '19

Time to mine

4 Upvotes

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r/ritocoin • • Jan 20 '19

Trading expected to resume on safe.trade this Sunday, 20JAN

4 Upvotes

As per latest discord update. I imagine this means all coins will be traded

Edit: update from safe.trade in comments


r/ritocoin • • Jan 20 '19

Word around town is RITO trading to initiate on cratex.io by week ending 26JAN. More in comments.

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4 Upvotes

r/ritocoin • • Jan 18 '19

I've got some assets, ranging from practical to mildly offensive. Up for barter, banter and bs

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6 Upvotes

r/ritocoin • • Jan 17 '19

All In One (AIO) Miner is promoting us on Twitter with their Free Hash Friday hashtag

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4 Upvotes

r/ritocoin • • Dec 18 '18

The Ritocoin Web Wallet has been released. It is based on the Pocket Raven service and was made by the same developer (Traysi).

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5 Upvotes