RISE Core Mainnet Released

TypeScript Core 1.0.0 is now available for download
11 April 2018   401

RISE is one of the first blockchain projects to have its core code base written in TypeScript. RISE aims to offer developers Software Development Kits to enable the creation of Decentralized Distributed Applications.

On April 11 RISE TypeScript developer Andrea Baccega has published an announcement on Medium reporting that TypeScript Core 1.0.0 is now available for download. The RISE Core was reportedly written so that the inner-code dependencies were easier to both manage and test. The developer reported that the team did their best to write less and more maintainable code, also updating all third party dependencies.

The development team of the project has already started working on 1.1.0 version, where they will try to push the boundaries and achieve a fair amount of theoretical transactions processed per second without giving up on security. Moreover, they plan to renew and improve RISE wallet.

It is also worth noting that the RISE blockchain was integrated into Ledger Nano S hardware wallet.

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   95

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.