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Topic: ANN - Octane BLAKE2s | Headers 1st | Nodes | Open Assets | XOR^2 | LETS - page 2. (Read 12327 times)

legendary
Activity: 910
Merit: 1000
will sell 7500 octanes, pm for offers

500sats/octn best now, pm if you do better
600sats/octn best now, pm if you do better
will wait untill tomorrow


sold
hero member
Activity: 770
Merit: 500
PoS blocks are creating for me again now...

Yeah they are coming in regularly now. Strange coincidence though, it's brought up after days of some of us not getting any blocks and right there and then it starts working.

I think it is all about the coin age, that's why after the initial buzz when there are less coins and it is easier to stake, i am usually waiting 1 week to build up enough age again and be able to get Pos blocks
With POS 2.0 you don't build up age, you are better off running the wallet continuously.

Well sorry then it's something that missed my attention, but why is then that after a few days period i have more chance to get a block?
newbie
Activity: 20
Merit: 0
PoS blocks are creating for me again now...

Yeah they are coming in regularly now. Strange coincidence though, it's brought up after days of some of us not getting any blocks and right there and then it starts working.

I think it is all about the coin age, that's why after the initial buzz when there are less coins and it is easier to stake, i am usually waiting 1 week to build up enough age again and be able to get Pos blocks
With POS 2.0 you don't build up age, you are better off running the wallet continuously.
hero member
Activity: 770
Merit: 500
PoS blocks are creating for me again now...

Yeah they are coming in regularly now. Strange coincidence though, it's brought up after days of some of us not getting any blocks and right there and then it starts working.

I think it is all about the coin age, that's why after the initial buzz when there are less coins and it is easier to stake, i am usually waiting 1 week to build up enough age again and be able to get Pos blocks
legendary
Activity: 1246
Merit: 1005
PoS blocks are creating for me again now...

Yeah they are coming in regularly now. Strange coincidence though, it's brought up after days of some of us not getting any blocks and right there and then it starts working.
legendary
Activity: 1302
Merit: 1004
PoS blocks are creating for me again now...
hero member
Activity: 770
Merit: 500
So i just got a POS block too i guess that your weight was too low to get a block. I prefer to run POS wallets only once every week so my coin-age is building up meanwhile
legendary
Activity: 1246
Merit: 1005

anyone else not getting any stakes? I stopped receiving them like 3 days ago.

Also, the block explorer is behind on the latest tx list but it is up to date on total blocks on the bottom right.



In the block explorer POS blocks are appearing continuously also the blockchain is moving so i guess that POS blocks are solved, but i am syncing up now to see if i can get any POS block

yes, the chain is moving smoothly with pos blocks being found, I just found it strange that i have not received any in the last three days. See mammix2 comment below.



anyone else not getting any stakes? I stopped receiving them like 3 days ago.

Also, the block explorer is behind on the latest tx list but it is up to date on total blocks on the bottom right.



Last PoS block i received were on the 10th

yeah me too, on the 10th.


***EDIT*** good coincidence, I just got one. Maybe I'm not used to the whole supply being staked.
 
legendary
Activity: 1302
Merit: 1004

anyone else not getting any stakes? I stopped receiving them like 3 days ago.

Also, the block explorer is behind on the latest tx list but it is up to date on total blocks on the bottom right.



Last PoS block i received were on the 10th
hero member
Activity: 770
Merit: 500

anyone else not getting any stakes? I stopped receiving them like 3 days ago.

Also, the block explorer is behind on the latest tx list but it is up to date on total blocks on the bottom right.



In the block explorer POS blocks are appearing continuously also the blockchain is moving so i guess that POS blocks are solved, but i am syncing up now to see if i can get any POS block
legendary
Activity: 1246
Merit: 1005

anyone else not getting any stakes? I stopped receiving them like 3 days ago.

Also, the block explorer is behind on the latest tx list but it is up to date on total blocks on the bottom right.

legendary
Activity: 1568
Merit: 1003
🚀🚀 ATHERO.IO 🚀🚀
buying coins if anyone selling PM me
newbie
Activity: 20
Merit: 0
newbie
Activity: 1
Merit: 0
Why no exchange yet? This coin is bringing more work than many  Roll Eyes

Exchanges, please add Octane I want to ttrade!!
legendary
Activity: 1302
Merit: 1004
I'm invested here, so want this to do well. Let's keep this momentum going with more new stuff!

Here is the Mac wallet for you all, compiled form the latest source code.  Grin

https://mega.nz/#!MQIy0T4Z!sZ3E1l6-aLGj-LsbDssuI5lsxWcuQ6SVum_dRsvqtk8


https://www.virustotal.com/sv/file/6d0a9829f32cf3cef7be1bc2b798ef958d56bbf8bdcf17be8ac1cc6c42843b62/analysis/1436458066/

If you feel like donating here is my Octane address Smiley
8e3NwLGZ7iMyXPGVQjKZCX34S1BC93rcYi


Thanks
Thx Mammix!  Added.


No worries,
And thanks to whoever sent me the tip Smiley
newbie
Activity: 20
Merit: 0
I'm invested here, so want this to do well. Let's keep this momentum going with more new stuff!

Here is the Mac wallet for you all, compiled form the latest source code.  Grin

https://mega.nz/#!MQIy0T4Z!sZ3E1l6-aLGj-LsbDssuI5lsxWcuQ6SVum_dRsvqtk8


https://www.virustotal.com/sv/file/6d0a9829f32cf3cef7be1bc2b798ef958d56bbf8bdcf17be8ac1cc6c42843b62/analysis/1436458066/

If you feel like donating here is my Octane address Smiley
8e3NwLGZ7iMyXPGVQjKZCX34S1BC93rcYi


Thanks
Thx Mammix!  Added.
legendary
Activity: 1302
Merit: 1004
I'm invested here, so want this to do well. Let's keep this momentum going with more new stuff!

Here is the Mac wallet for you all, compiled form the latest source code.  Grin

https://mega.nz/#!MQIy0T4Z!sZ3E1l6-aLGj-LsbDssuI5lsxWcuQ6SVum_dRsvqtk8


https://www.virustotal.com/sv/file/6d0a9829f32cf3cef7be1bc2b798ef958d56bbf8bdcf17be8ac1cc6c42843b62/analysis/1436458066/

If you feel like donating here is my Octane address Smiley
8e3NwLGZ7iMyXPGVQjKZCX34S1BC93rcYi


Thanks
hero member
Activity: 770
Merit: 500
I think a longer proof of work time frame personally would have been a better choice however any developer has the right to operate their own project as they see fit......

Just curious why in the source code the blake2.h was left out....?  If i may ask.

I had the same oppinion but if dev will keep improving the coin maybe adding some new features, services etc it can be succesfull on it's own
legendary
Activity: 1302
Merit: 1004
newbie
Activity: 20
Merit: 0
The Octane Currency Movement

Digital Complementary Currency, High Performance Modern Solution

Octane is a high performance proof-of-stake cryptocurrency based on the Bitcoin protocol combined with the Proof-of-Stake protocol.  Octane differs from Bitcoin and coins like Litecoin in that it has a fast block time of 30 seconds, which translates into a fast network with fast transaction confirmations, and it uses proof-of-stake as the consensus mechanism which is environmentally friendly and incentivizes users.  The Octane codebase is continually optimized for speed and silky smooth wallet operation.

There are many cryptocurrencies which have emerged since the release of Bitcoin.  Many are abandoned or highly volatile, making it hard to discern levels of quality and longevity.  Octane has been devised to solve many of the problems seen in existing cryptocurrency codebases and to foster an ecosystem through better positioning, marketing, and economic design.


http://i.imgur.com/lVchtuz.jpg

Global Systemic Risks

"In the absence of the gold standard there is no way to protect savings from confiscation through inflation." - Alan Greenspan

"Real monetary reform will only come after a major currency crisis hits." - Ron Paul

The financial collapse of 2008 in traditional markets was a shocking wake up call.  But in many ways severe global systemic risk still exists in the traditional financial markets.  Worldwide economies are intertwined and interdependent in ways that connect seemingly minute issues in one part of the world to larger reactions in other parts of the world.  It is inevitable that a more severe global economic reset is coming within our lifetime.  What will you do in the face of capital controls, bank holidays, depositor "haircuts", and the plethora of other levers that will be pulled to attempt to provide stabilization.  We very well could see the re-emergence of "depression scrips" to fill in the gaps left by a shortage of cash.  Looking at current events, it is clear that the state of the entire world is in a very precarious position.  What can you do?  You can diversify into metals like gold and silver, and attempt to get physical delivery fulfilled.  But metals are not easily tradeable and require physical storage and security.  You can stockpile cash, which requires physical storage and security, but this may have its own issues with capital controls, governments clearly on a track to practically ban the use of physical cash, not to mention the risks of devaluation and hyperinflation.

Cryptocurrency As A Complementary Currency Hedge

Cryptocurrencies have emerged as experimental digital cash that is centrally controlled by no one.  Decentralization, with no central bank arbitrarily inflating money supply at will, puts you the user in control.  Cryptocurrencies and digital tokens represent a potential hedge against global risks.  Cryptocurrencies are easily tradeable electronically over the internet, and can be made easily tradeable locally through mobile devices, terminals, and even physical solutions like paper wallets.  "Complementary currencies" are currencies that typically emerge locally or regionally as a way to facilitate local bartering and trade of goods and services, filling in gaps left by cash shortages.  They are most common in emerging markets but also exist in some first world countries, generally going unnoticed.  Cryptocurrency is an ideal mechanism to act as a complementary currency.  Defined in software, digital currencies can be extended, integrated with payment systems and other software, and easily verified by anyone through the blockchain protocol.  Because cryptocurrency and the design of the Bitcoin protocol is trustless, the blockchain provides some level of insulation from the potentially unpredictable activities of central banks and world economies.

Bitcoin Vs. Alternatives

The Bitcoin protocol was a paradigm shift, one that will change the future of money forever.  But, Bitcoin may not be suitable for all purposes.  Politics, block sizes, confirmation times, speed, development direction, centralization of mining...there are many variables that are moving Bitcoin in a direction that leaves room for alternatives with differing specifications and operating parameters to fill in gaps or enable some use cases more efficiently.  Like biological evolution, alternative cryptocurrencies emerge, some with better innovations then others, some die off, others survive and thrive given a nurturing environment.  It is clear that enabling the potential for success is dependent on both providing the right tools for users and capturing network effects over time.

Octane Evolution

The initial development roadmap to build out and evolve the Octane network consists of both internal protocol enhancements to optimize the network as well as external construction to jumpstart the ecosystem.  In addition to software, the evolution of Octane will be as much about spreading the word and awareness, and aligning products and services with the needs of the market.

Headers First
Octane will be the first proof-of-stake coin to support headers first, the optimized block syncing mechanism developed in Bitcoin Core.

Octane Nodes
An optimized masternode implementation in Octane that allows users to put up coins as collateral and acts as a sort of savings bond, entitling the users to a piece of the network stake reward.  The savings bond effect acts as a stabilizing force in the cryptoeconomy and has proven to be a popular incentive for users.

Open Assets Protocol
Octane will implement the Open Assets protocol for the creation and transfer of colored coins on the blockchain.  The beauty of Open Assets is in its simplicity, and it will open the door for Octane to pursue things that other coins like Via have tried but stalled on.

XOR^2
More details on what the exciting XOR^2 is and how it works will be revealed in the future.

LETS Local Exchange Trading System
The development roadmap of Octane leads up to the implementation of a cryptocurrency equivalent of the traditional LETS system (Local Exchange Trading System) used by non-crypto complementary currencies.  LETS was invented in the early 1980's and has been digitized by a few products that essentially act as a database.  Octane will build out a cryptocurrency equivalent of the LETS concept, further cementing its position as a digital complementary currency.

http://i.imgur.com/O1DtsS1.jpg
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