Riecoin needs support! We are offering a 1,000,000 RIC bounty, which was worth more than $500,000 during the Riecoin ATH, to whoever makes a fruitful partnership with us, and significantly contributes to the Riecoin adoption. Note that the supply is capped to about 84,000,000 RIC!
Riecoin makes use of PoW to do scientific number crunching in addition to securing the network, which provides a concrete solution to the PoW power consumption issue and makes the existence of any hash PoW altcoin an aberration and hundreds of mining algorithms useless. Yet it remains overlooked by major medias and actors. So if you have the resources to give Riecoin the attention it deserves, don't miss this interesting opportunity!
Riecoin was launched on 11 February 2014.
Currently, the versions match the Bitcoin's one on which the code is based.
0.10.2 and older
They were developed by the creator of Riecoin, Gatra, and hosted in riecoin/riecoin. Version before 0.10.2 implemented the original Riecoin protocol.
The 0.10.2 version was released on 30 October 2014 and added superblocks with a hard fork at Block 160704. Until 0.16.3, there were no new version.
The 0.16.3 version was mainly developed by clo1 and released on 25 January 2019. The main improvements were the implementation and activation of SegWit and the more recent code base, allowing easier listings to exchanges and easier use with other existing cryptocurrency software and recent operating systems.
Since this version, Riecoin is hosted in the riecointeam/riecoin repository rather than the riecoin/riecoin one, due to Gatra abandoning the project.
The 0.20 version was developed by Pttn and released on March 1 2021. This version brought an important PoW update, a new Difficulty Adjustment Algorithm, fixed several design issues and removed the superblocks with a second Hard Fork that successfully occurred on March 29.
This version notably brings the highly anticipated Taproot/Schnorr Signatures Soft Fork.
This version ports the Bitcoin 22.0 improvements and adds a code generator, which can be used for passwordless or 2-factor authentication. It also includes the Bitcoin's Pull Requests 21500 (for exporting Descriptors) and 24058 (for initial Bip 322 message signing support). New wallets can only be Descriptor Wallets, though old Legacy Wallets are still supported.
The versioning is now based on the release date.