36
My regards;
As you can see in my articles, there is an interest in showing great projects that are forgotten due to the great mobility and fluctuation of the market, that is, at every moment there is a new launch, a new technology, a new concept or a new idea and with that the newly created technologies become obsolete due to the lack of commitment or testing in relation to the day to day and its functioning as a whole. Unfortunately, Riecoin is no different, launched in 2014 to change the concept of payment. We are in 2022 and this project will be 8 years old and there is still mining on the network and tests on its technology and this means that the developers have not given up on the project and aim for great success for the project and spread the concept and word of Riecoin. With this introduction I'm here to motivate you to know the project and its development and it's worth mentioning that the project is community and is still in early stages and still has a lot to evolve and still has its energy value and market value. As a coin with scientific inspirations, its creation and development was in honor of Bernhard Riemann, one of the greatest mathematicians of all time and who made great contributions to humanity.
What is Riecoin and what is its proposal?
Riecoin is a fork of Bitcoin, P2P, decentralized and with open source, launched in 2014. The project is based on Proof of Work (PoW) ie it's mineable solidifying the network. Despite being an old project and having found many types of bull and bear markets Riecoin is still under development, as mentioned in the introduction. Lately I've been mentioning a lot about the tokenization process where big projects hide in the fog of new projects being released every day. So the question remains, even in the current market, how can Riecoin be different?
We know that its basic concept is a tribute to the great mathematician Bernhard Riemann, so science is its main objective where the community tests and helps the development of the project. So that's why Riecoin is a community project with unpaid developers looking for science and its development as a whole. In technical terms Riecoin miners are looking for definitive hashes i.e. main constellations with accurate calculations and this is the complete opposite of Bitcoin which has useless hashes and requires large computational calculation and large amounts of energy. The energy discussion is one of the great topics today and this divides great thoughts and criticisms of Bitcoin. However, it's worth mentioning that in addition to the tribute to Bernhard Riemann Riecoin also pays tribute to Bitcoin as it's the fork of it in search of improvements and development.
Benefits of mining and for the scientific community...
Riecoin mining is done using a CPU, that's right my friends you can mine with relatively low cost compared to GPU and ASIC or higher variations. That way everyone can participate and mine, supporting the network and earning coins in return without having to buy specialized hardware that demands a lot and tends to become obsolete as technology advances.
Riecoin mining calculations are of mathematical and scientific interest, what do you mean? The Riecoin project not only provides a secure, stable payment network but also valuable research data, making smart use of computing power that would otherwise be wasted. Isn't that magnificent? Science thanks you (Laughter) generating the eventual possibility of theoretical discoveries as developers and mathematicians improve it, finding new algorithms for mining software. In short, all this can be done and found on your computer.
Coin Specifications:
Name: Riecoin
Symbol: RIC
Algorithm: Prime Constellations/ PoW
Circulating Supply: 62,332,060 RIC
Total Supply: 84,000,000
For technical information visit
Explorer:
Miningpoolstats
Coin Rank:
coingecko
coinpaprika
Exchange:
Freiexchange
SouthXchange
Conclusion...
Although Riecoin has a goal of itself to become a borderless and widely accepted world currency, there are many barriers to be overcome such as the adoption barrier but for that to happen the word and the concept must be spread and that is exactly what I'm doing spreading the word. word for you and encouraging research and diving into the Riecoin project. We must be realistic and that it only takes a large investment to definitively change the form in which Riecoin finds itself. A few million and big disclosures solves the situation.
A very important detail is that the information found in this article can be found in the access links below.
Blockchain's power is infinite and Riecoin holds infinity in its hands.
Don't forget that, thanks...
