i hope that zero gravity doesn't mean KGW at launch
+1, kgw is a way to screw up a launchJust in case we haven't already cleared this up, we are not using KGW.
Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 214. (Read 297728 times)
March 08, 2014, 02:00:39 AM
Just in case we haven't already cleared this up, we are not using KGW.
March 08, 2014, 01:39:14 AM
i hope that zero gravity doesn't mean KGW at launch
+1, kgw is a way to screw up a launch March 08, 2014, 01:01:21 AM
What part of the world are the developers from?
The majority of us are located in the US. In addition to the core team, we have investors from Austin, TX and Macau. We all came together last year at SXSW 2013 and discussed teaming up for a crypto-related project to launch at SXSW 2014 - we are mere hours away from achieving that goal. The OctoCoin theme is the brainchild of our Macau investor and it's significance will be apparent throughout our suite of cryptocurrency services.
The capital we have raised is going toward the various crypto services we are developing for OctoCoin - however, many of them may not remain exclusive to OctoCoin once proved successful. The ones that are will be labeled, quite simply, "OctoCoin Exclusive"
March 08, 2014, 12:09:10 AM
What part of the world are the developers from?
March 07, 2014, 09:20:11 PM
I can assure you this crack whore is in no way related to the project.
March 07, 2014, 08:54:25 PM
Is octocoin in any way associated with Octagon and The Passion Shift?
http://www.wnct.com/story/24916288/octagon-launches-the-passion-shift-at-sxsw
Good or bad? http://www.wnct.com/story/24916288/octagon-launches-the-passion-shift-at-sxsw
March 07, 2014, 08:38:37 PM
Is octocoin in any way associated with Octagon and The Passion Shift?
http://www.wnct.com/story/24916288/octagon-launches-the-passion-shift-at-sxsw
http://www.wnct.com/story/24916288/octagon-launches-the-passion-shift-at-sxsw
Maybe
http://www.tmz.com/person/octomom/
March 07, 2014, 08:22:54 PM
Is octocoin in any way associated with Octagon and The Passion Shift?
http://www.wnct.com/story/24916288/octagon-launches-the-passion-shift-at-sxsw
http://www.wnct.com/story/24916288/octagon-launches-the-passion-shift-at-sxsw
March 07, 2014, 08:00:50 PM
Nearly our full team has arrived in Austin, TX but we're scattered across 3 different hotels - SXSW is insanity. We have a team meeting in about 10 hours and will post updates shortly after that. If you want your pool to be included in the main post, please contact me via private message. edric's pool is locked in at #2 on the list.
During the first 8 days, each block will contain 888 OctoCoins - these represent the largest OctoCoin blocks there will ever be. As a result, we expect a lot of miners will be hitting OctoCoin early and we will make sure we are prepared. While the difficulty will start out low, it will ramp up quickly - we expect the 888 blocks to last very close to the full 8 days.
During the first 8 days, each block will contain 888 OctoCoins - these represent the largest OctoCoin blocks there will ever be. As a result, we expect a lot of miners will be hitting OctoCoin early and we will make sure we are prepared. While the difficulty will start out low, it will ramp up quickly - we expect the 888 blocks to last very close to the full 8 days.
How could 888 blocks last 8 days if the target time for blocks is 88 seconds? It should be 21 hours, and likely less than that because earlier, low diff blocks will go fast.
Each block will contain 888 blocks until block #7855 - based on an 88 second target, that comes out to ~982 blocks/day, or 8 days of 888 OctoCoin blocks. A lot of 8s in there and perhaps my choice wording wasn't flawless - octocoin.org is the best reference for technical specifications at this point. We aren't as crazy as we look - the math is sound. Obviously once the source is released, it will be much easier for everybody to answer their own questions. I would imagine it's frustrating not having access to the source code while attempting to analyze a new cryptocurrency.
March 07, 2014, 07:50:28 PM
Nearly our full team has arrived in Austin, TX but we're scattered across 3 different hotels - SXSW is insanity. We have a team meeting in about 10 hours and will post updates shortly after that. If you want your pool to be included in the main post, please contact me via private message. edric's pool is locked in at #2 on the list.
During the first 8 days, each block will contain 888 OctoCoins - these represent the largest OctoCoin blocks there will ever be. As a result, we expect a lot of miners will be hitting OctoCoin early and we will make sure we are prepared. While the difficulty will start out low, it will ramp up quickly - we expect the 888 blocks to last very close to the full 8 days.
During the first 8 days, each block will contain 888 OctoCoins - these represent the largest OctoCoin blocks there will ever be. As a result, we expect a lot of miners will be hitting OctoCoin early and we will make sure we are prepared. While the difficulty will start out low, it will ramp up quickly - we expect the 888 blocks to last very close to the full 8 days.
How could 888 blocks last 8 days if the target time for blocks is 88 seconds? It should be 21 hours, and likely less than that because earlier, low diff blocks will go fast.
March 07, 2014, 07:43:38 PM
Config info so we can be ready? PW protected pre-release wallet?
Why would you ever want to be ready? That's insane. Putting up .conf info with ports, exact .conf filename, and nodes before launch is the absolute whackiest concept ever!Main post will be updated with launch pools (all will be accepting pre-registrations) as well as port information, etc hours before launch and nodes shortly before launch. The pools that have already contacted us will all receive private, password-protected links to the source code containing identifying information ~30 minutes before launch. The remaining pools will have to download the source after launch time either via our Akamai CDN or GitHub and, assuming they are around for the launch, should all be online within minutes since all other required info will have already been provided.
All wallets will be hosted on our Akamai CDN and mirrored all over the world with unlimited bandwidth - there will be no issues downloading the wallets post-launch. We will not be distributing password protected pre-release wallets - the difference in time between coming here, retrieving and entering the password, and extracting the ZIP vs just downloading the wallet at launch from our CDN would be negligible unless you are on a dial-up connection. Even if you are on dial-up, or if you want to solo-mine, you are still covered: your best bet is to register at one of the pre-launch pools when we update the main post with the info and mine there while you are downloading and configuring your wallet for solo-mining.
March 07, 2014, 07:36:01 PM
Config info so we can be ready? PW protected pre-release wallet?
Why would you ever want to be ready? That's insane. Putting up .conf info with ports, exact .conf filename, and nodes before launch is the absolute whackiest concept ever!The nodes should be put up at the same time as the password for the zip/rar. Most launches have their nodes ddosed when they post them beforehand.
March 07, 2014, 07:09:02 PM
Config info so we can be ready? PW protected pre-release wallet?
Why would you ever want to be ready? That's insane. Putting up .conf info with ports, exact .conf filename, and nodes before launch is the absolute whackiest concept ever! 
March 07, 2014, 06:21:27 PM
Config info so we can be ready? PW protected pre-release wallet?
March 07, 2014, 02:02:00 PM
No kgw at launch otherwise you get a rubycoin drama.
What happened may I asked?
March 07, 2014, 01:50:25 PM
No kgw at launch otherwise you get a rubycoin drama.
OctoCoin does not use the KGW.
88 second block targets, re-targeting every 888 seconds, calculated using a 40 block sample / .25 damping.
88 second block targets, re-targeting every 888 seconds, calculated using a 40 block sample / .25 damping.
no kgw. launching in zero g! from site: "Zero G Corporation parabolic flight"
March 07, 2014, 10:08:53 AM
Ok guys, we are opening up our pool for registrations. The url is http://octocoinpool.tk. When we're fully up and running the pool will be DDOS protected and will have a stratum in New York, and one in Singapore.
The pool will be1% 0.5% fee for the first 8 days, PPLNS, and we're going to be doing a WEEKLY giveaway of 25% of our earnings! This pool will be one of the official launch pools so we are doing our best to make sure that the miners have zero problems!
Edit: Lowered first week fees.
The pool will be
Edit: Lowered first week fees.
March 07, 2014, 09:58:12 AM
March 07, 2014, 09:38:53 AM
March 07, 2014, 09:04:44 AM
No kgw at launch otherwise you get a rubycoin drama.
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