#bitcoin #ring #blockchain
BREAKING NEWS! Another special announcement.
Join us on Discord for *Saturday Night Hive* direct from LCC (LitecoinCash / Ring) towers.
08-Feb-20 from 20:00 UTC!
Live music stream hosted by our very own Tanner and Loxley and where our beloved Tipsy will be in full party mood raining LCC.
Meet the team, register with tipsy and hang out with our growing communities at the LCC and Ring Discord channels. Always someone there for a chat or to help with any questions!
We are announcing RIALTO, an encrypted messaging service built right in the wallet.
Can you really trust the companies offering supposedly fully encrypted chat? They may say the encryption is end to end. They may say they have no mandated backdoor.
We believe people have a higher level of trust in the encryption protecting their cryptocurrencies than in the offerings from any of these companies.
In a future season, Ring will introduce The Rialto. Shakespeare’s Rialto was a street in Venice where merchants would meet and discretely conduct their business. Ours is a completely decentralised chat platform with an integrated low-friction payment system, all powered by the same encryption you trust every day to protect your coins.
Introducing the Ring (RNG) blockchain, where block hashing has finally been made consumer-friendly! We have created new Agent-Based and Proof-of-Play mining methods and are rewarding the holders of four (4) major cryptocurrencies with initial RNG claims! Details below.
RING FEATURES 3 BUILT-IN MINING OPTIONS:
– Minotaur: ASIC-Resistant CPU Mining
– Hive Mining: Agent-Based Mining
– Proof of Play (PoP): Mining Through Gameplay
RING INFORMATION & RESOURCES:
Twitter: https://twitter.com/ringcointech
FB: https://www.facebook.com/ringcointech/
Reddit: https://www.reddit.com/r/RingCoin/
Medium: https://medium.com/@ringcointech
https://medium.com/litecoincash/ring-a-first-uniting-communities-279fe48feec7
https://medium.com/@davecube.com/ring-f%C3%BChrt-die-kryptogemeinschaft-zusammen-d72545858a59
FORKED COINS & CLAIM RATIOS:
Litecoin Cash (LCC) will receive a 5000:1 RNG reward
Bitcoin (BTC) will receive a 1:1 RNG reward
Dashpay (DASH) will receive a ratio based on its 1:1 BTC market value at the time of the snapshot
DOGEcoin the final coin will mirror Dash’s reward structure
HOW TO SAFELY CLAIM RNG USING PRIVATE KEYS:
1) (Optional) Collect all of your coins into a single address or as few as possible. You can import multiple keys and leave funds separate but this just makes the import step much easier!
2) Leave them in these addresses until the balance snapshot happens. Once that is captured it doesn’t matter what happens to the original funds from there on out.
3) Now you will want to move the coins OUT of that address into a new address. This leaves the original address empty so when you import it there is ZERO risks of losing coins!
4) Obtain the private keys of the original snapshotted address(es) and import them into the new coin’s wallet to claim your rewards.
https://medium.com/@davecube.com/how-to-extract-the-private-key-from-your-magnum-wallet-95453dccacd4
*** Importing private keys is the ONLY way to prove ownership of a crypto address so this is unavoidable if you want to claim new coins. The steps above allow you to both prove ownership of a certain balance at a certain time while protecting your original funds in a brand new address with a brand new private key — that you should keep private! By emptying the address before you import it’s the private key you eliminate the risk of theft entirely. One cannot take from an already empty jar. It should also be noted you should NEVER use the imported address again as an added safety precaution!
Always practice #SafeForking
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