Market cap
$994.78K
0.21 %
Volume (24h)
$0.01
0.21 %
Circulating supply
72,005,938 RIC
Total supply
72,005,938 RIC
Max. supply
84,000,000 RIC
Riecoin (RIC)
$ 0.01
0.21 %
Main info
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Comments
Markets
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Key data
updated $0Market cap$994.78K
Volume 24h$0.01
Circulating supply72.01M86% of max 84M
All-time high$0.57-98% from peak · 2018-01-12
Riecoin (RIC) is a mineable cryptocurrency that runs on a Proof-of-Work blockchain. Its distinctive feature is that its mining process is based on finding prime number constellations, so the network does useful mathematical work instead of just hashing. In short, it's a decentralized digital currency that doubles as a distributed prime-hunting machine.
Frequently asked questions
What is Riecoin and how is it different from Bitcoin?
Riecoin (RIC) is a Proof-of-Work cryptocurrency, but unlike Bitcoin, its mining puzzles require finding prime constellations — clusters of prime numbers close together. So the same energy spent securing the network also contributes to mathematics research. Otherwise, it works like a typical decentralized digital currency for transfers and payments.
How does Riecoin's consensus mechanism work?
Riecoin uses Proof-of-Work, meaning miners compete to solve computational puzzles to add new blocks and secure the network. The twist is that the puzzle solution itself must contain a prime constellation, making the mining process scientifically meaningful. This design keeps the blockchain secure while producing verifiable mathematical discoveries.
How is RIC issued?
New RIC coins are created through mining: each successfully mined block rewards the miner with newly issued coins. The supply is capped, and the reward decreases over time according to the protocol's schedule, similar to Bitcoin's halving model. No central authority can print extra coins.
How can you store and use Riecoin?
RIC can be stored in the official Riecoin Core wallet, available from the project's website at riecoin.org. As a mineable coin, it can also be obtained through mining or on exchanges that list it. Once you hold it, you can send and receive it like any other cryptocurrency, with transactions recorded on the Riecoin blockchain.