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Topic: [ANN] ODUWACoin - Oduwa PoS Mining - page 4. (Read 20594 times)

jr. member
Activity: 162
Merit: 1
February 18, 2019, 02:34:13 PM
#49
It's become too common to see platforms like these turning scam, it's very hard to trust! Anyhow, how exactly this will help earning digital dividends???


We are digital cash that uses peer to peer technology to settle all its transactions on a consortium blockchain network. We value privacy, efficiency and security due to the asset protection the block provides for our users, which the initiative of its community has made so popular.

We stand tall among our competitors in terms of offering digital dividends to its users. When you earn dividends on our platform, it is paid out to account holders based on a pre-defined structure. We are also mobile-compliant. You can view your earnings directly from your mobile phone. We hope we’ve been able to help?
jr. member
Activity: 162
Merit: 1
February 18, 2019, 01:55:33 PM
#48
I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.


You can find complete details on website only, but anyhow. Oduwa Coin is a decentralized cryptocurrency payment system that leverages on the smart contract in order to provide users with a seamless trading and payment environment. The aim is to solve one of the biggest problems in the cryptocurrency industry – volatility. Traders on our platforms are encouraged to verify their identities but it is not a requirement for payment, trading, and deposit. The platform trades in several coins compared to other platforms which started operation the same time with it. Hope this is enough to explain. Thanks


And how in concrete terms are you planning to reduce volatility in the market with your platform? This is way easier said then done. I would like to hear a few suggestions from your side. Thank you

We are Generation digital payment system. We use the peer to peer technology to settle all the transactions on a consortium blockchain network. We base our structure on well consolidated classic IT methods, practices and values, which despite being used in years are still not well known to cryptocurrency world. Furthermore, from time to time, we organize a “Hacker- Contests” with conspicuous prizes to whoever will manage to crack the system, thereby helping us recognize our weaknesses. So, hope this can help you understand about us better. Thanks

This says nothing about the question that I asked. With all due respect, but you don't plan to change the universe with your coin or do you?

Hello, We have Oduwa Dev coming soon, which will integrate asset protection option on Oduwa Blockchain ecosystem. A process that will protect all OWC holders asset against volatility for a contractual period of time, giving users the opportunity to be a gainer in short period of time and not worrying about losing value in their portfolio due to cryptocurrency volatility. This move will bring confidence and peace of mind in the crypto space. Hope this answers the question you have. IF you are still not convinced, please feel free to ask anything else. Thank you
jr. member
Activity: 162
Merit: 1
February 18, 2019, 01:51:28 PM
#47
It's become too common to see platforms like these turning scam, it's very hard to trust! Anyhow, how exactly this will help earning digital dividends???


It's not worth the time and effort to ask demanding questions here as you are on the right track with calling this a scam.

Dear mv1986, please be kind enough to understand the "DIFFERENCE" between Not seen and Ignoring.

The question you asked was "REPLIED", you asked that again, as you felt it was not what you asked. I am replying that now, as I have JUST seen that.

So, be kind enough to reserve your views a bit. You are VERY precious for us, as you are our potential FUTURE client! Any question asked by you or anyone is our HIGHEST priority, but sometimes allow us time, as often we get stuck in several other stuff, which leads to SOME delay in answering your question.

Anyhow, thank you so much for considering us WORTHY to even ask these important questions. Please don't hesitate in letting us know your views in Future as well! Thank you!
legendary
Activity: 2058
Merit: 1166
February 18, 2019, 11:57:10 AM
#46
It's become too common to see platforms like these turning scam, it's very hard to trust! Anyhow, how exactly this will help earning digital dividends???


It's not worth the time and effort to ask demanding questions here as you are on the right track with calling this a scam.
member
Activity: 258
Merit: 13
I am from Forex world.
February 17, 2019, 03:05:20 PM
#45
It's become too common to see platforms like these turning scam, it's very hard to trust! Anyhow, how exactly this will help earning digital dividends???
legendary
Activity: 2058
Merit: 1166
February 17, 2019, 05:51:31 AM
#44
I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.


You can find complete details on website only, but anyhow. Oduwa Coin is a decentralized cryptocurrency payment system that leverages on the smart contract in order to provide users with a seamless trading and payment environment. The aim is to solve one of the biggest problems in the cryptocurrency industry – volatility. Traders on our platforms are encouraged to verify their identities but it is not a requirement for payment, trading, and deposit. The platform trades in several coins compared to other platforms which started operation the same time with it. Hope this is enough to explain. Thanks


And how in concrete terms are you planning to reduce volatility in the market with your platform? This is way easier said then done. I would like to hear a few suggestions from your side. Thank you

We are Generation digital payment system. We use the peer to peer technology to settle all the transactions on a consortium blockchain network. We base our structure on well consolidated classic IT methods, practices and values, which despite being used in years are still not well known to cryptocurrency world. Furthermore, from time to time, we organize a “Hacker- Contests” with conspicuous prizes to whoever will manage to crack the system, thereby helping us recognize our weaknesses. So, hope this can help you understand about us better. Thanks

This says nothing about the question that I asked. With all due respect, but you don't plan to change the universe with your coin or do you?
jr. member
Activity: 162
Merit: 1
February 16, 2019, 05:44:30 AM
#43
I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.


You can find complete details on website only, but anyhow. Oduwa Coin is a decentralized cryptocurrency payment system that leverages on the smart contract in order to provide users with a seamless trading and payment environment. The aim is to solve one of the biggest problems in the cryptocurrency industry – volatility. Traders on our platforms are encouraged to verify their identities but it is not a requirement for payment, trading, and deposit. The platform trades in several coins compared to other platforms which started operation the same time with it. Hope this is enough to explain. Thanks


And how in concrete terms are you planning to reduce volatility in the market with your platform? This is way easier said then done. I would like to hear a few suggestions from your side. Thank you

We are Generation digital payment system. We use the peer to peer technology to settle all the transactions on a consortium blockchain network. We base our structure on well consolidated classic IT methods, practices and values, which despite being used in years are still not well known to cryptocurrency world. Furthermore, from time to time, we organize a “Hacker- Contests” with conspicuous prizes to whoever will manage to crack the system, thereby helping us recognize our weaknesses. So, hope this can help you understand about us better. Thanks
jr. member
Activity: 162
Merit: 1
February 16, 2019, 05:40:11 AM
#42
I like thisr project. It's a nice concept compared to other crypto platforms. BTW, How to buy it (Oduwa Coin) ?


See, As a crypto investor, it should be understood that sometimes it can be difficult finding a platform which hosts major coins in real-time. This problem has been there since the advent of Bitcoin. But, if you are currently seeking a platform where you can buy the Oduwa Coin in realtime, you can look at Crex24, P2P B2B, Coin Payment, and STEX. These are the major platforms where you can buy the coin. It is imperative to mention here that we would roll out innovative products or projects in a few months’ time. Thank you
legendary
Activity: 2058
Merit: 1166
February 15, 2019, 04:08:51 PM
#41
I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.


You can find complete details on website only, but anyhow. Oduwa Coin is a decentralized cryptocurrency payment system that leverages on the smart contract in order to provide users with a seamless trading and payment environment. The aim is to solve one of the biggest problems in the cryptocurrency industry – volatility. Traders on our platforms are encouraged to verify their identities but it is not a requirement for payment, trading, and deposit. The platform trades in several coins compared to other platforms which started operation the same time with it. Hope this is enough to explain. Thanks


And how in concrete terms are you planning to reduce volatility in the market with your platform? This is way easier said then done. I would like to hear a few suggestions from your side. Thank you
jr. member
Activity: 391
Merit: 1
February 15, 2019, 03:08:47 PM
#40
I like thisr project. It's a nice concept compared to other crypto platforms. BTW, How to buy it (Oduwa Coin) ?
jr. member
Activity: 162
Merit: 1
February 14, 2019, 01:56:22 PM
#39
I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.


You can find complete details on website only, but anyhow. Oduwa Coin is a decentralized cryptocurrency payment system that leverages on the smart contract in order to provide users with a seamless trading and payment environment. The aim is to solve one of the biggest problems in the cryptocurrency industry – volatility. Traders on our platforms are encouraged to verify their identities but it is not a requirement for payment, trading, and deposit. The platform trades in several coins compared to other platforms which started operation the same time with it. Hope this is enough to explain. Thanks
jr. member
Activity: 61
Merit: 1
February 13, 2019, 10:43:20 PM
#38
I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.
jr. member
Activity: 162
Merit: 1
February 13, 2019, 10:39:46 PM
#37
The project looks quite good, I will also commend your team. I want to find out what the Oduwa Coin Platform is all about and how your platform handles the issue of transparency, safety, and especially privacy.

Well, the Oduwa coin is the next Generation digital payment system. Oduwa coin is digital cash that uses peer to peer technology to settle all its transactions on a consortium blockchain network. We are a hybrid blockchain technology that values privacy, efficiency and security due to the asset protection the block provides for our users, popularized by the initiative of its community. Oduwa coin is the best cryptocurrency, coin and token resource on the internet.

In addition, we empower a community of crypto traders and investors and also have suitable tools for investigating, monitoring and making decisions regarding cryptocurrencies. Whether you are an amateur or a professional, we can help you grow your investment. Thank you
full member
Activity: 449
Merit: 100
February 12, 2019, 12:41:02 PM
#36
The project looks quite good, I will also commend your team. I want to find out what the Oduwa Coin Platform is all about and how your platform handles the issue of transparency, safety, and especially privacy.
jr. member
Activity: 162
Merit: 1
February 12, 2019, 12:33:23 PM
#35
Pls how many Oduwa coins will be mine able every 8hrs

It's impossible to say like that, as there are several factors that are required to be considered. So, without knowing all that, it will not be possible to tell you how many ODUWA Coins you will be able to mine after 8 hours! Thank you.
jr. member
Activity: 162
Merit: 1
February 11, 2019, 08:26:43 AM
#34
Hi anyone,

   To give a picture of mining, on a small scale, I'll tell what I did.  POS is 'proof of stake.'  So, an amount of my OWC is 'staked,' or placed in a limbo status, while a portion of the mining process does it's thing.  This is the stake the backs up the proof of the coin.  Proof of Work uses that puzzle solving, with the winner getting the reward, and concluding the consensus, which finishes off that one block; or the proof.  Since time and energy {computer, time, electricity, effort} is the "work" behind POW, it is not energy efficient on a large scale.  In fact, POW mining has become so world wide extensive, it has become less profitable for miners.   POS is one alternative, which allows for a greater increase in number of miners - in a more efficient way.  Anyone can mine POS with a laptop.

  After downloading from oduwacoin.io  ; I just transferred one OWC coin, to test the address {that long receiving hash Alpha-Numeric code}, and waited.   You will have a receiving address per wallet.  Coins from the Oduwa MainNet, oduwa.io, took longer because that is the original, private platform.   An Oduwa Administrator will oversee, approve, and send your coin out by hand transaction; sometimes after they had their coffee.  Once you coins are out of the MainNet, they do not return there.  Out there, the mining wallets, or web wallets, or mobile wallets {with the option of offline, paper wallet} are the holding places for your coin.

     As per instructions on oduwacoin.io, there is a minimum number of coins, to stake, for mining.  One can have a free mining wallet and store OWC coin, and transfer to, and from it; with any amount of OWC.  However, one needs [ 2,000 OWC ], two thousand Oduwa coin, in the wallet; in order for the wallet to mine. 

    Next, encrypt your wallet and Write Down your Password!   It protects security of your wallet, and is needed for mining.

    2,000, or more, coin in wallet?  Encrypted with password?  Just go to 'file' and UNLOCK the wallet [password].    Wait.    First time, half a day, so do whatever.

    As a big tip, I think my 'sleep mode' on my laptop, might turn off wallet.   So, I just went to my laptop setting and turned all the sleep settings to "never,"  and then I picked a nifty screen saver.

   Leave laptop running and you'll see "incoming transaction"  once and awhile.  Maybe the notification chime along with it.

   Your wallet, as mine does, mines various amounts of stake.   Example:  It will take 700 of my 2,000 and "stake" it.    When done, it returns that to the "spendable" amount, the 2,000. 

   If you choose to place more coin in  you mining wallet, it will "weigh" it greater on the grand scale and be used more often with greater amounts.

Since Oduwa is still beginning, 2-3$ levels,  it seems like [with all those little micro transactions ] someone is paying me a dollar to leave my computer on all day. 
Yet, it is helping the Oduwa progression, and that is something I want to do.   Also, later, when OWC is bigger, that 0.012 coin, gets bigger also.  Think HODL and long term of a year.

    So, I'm not worried about fluctuations now in OWC, it is so early, and tons of little sell offs are happening.  Natural, but so much on the small scale.   Pretty soon it will be only 3$,  next it will
only go up.

   So, a small laptop, off to the side, doing its own thing.   I do my other computer work on my other machine.
PS --  sorry for length, but DO back up on your wallet.    I use a thumbdrive, and just keep on re-writing over the same file.   back up, once and a while


thanks, mongoozemax


That is really lovely to read!! We don't know what price it will be in future but we are certainly ensuring that it's amongst the top opportunities for users to benefit from!

Thank you!
newbie
Activity: 27
Merit: 0
January 31, 2019, 12:34:15 AM
#33
"Re: [ANN] ODUWACoin - Oduwa PoS Mining
January 30, 2019, 10:11:35 PM
 #34
Pls how many Oduwa coins will be mine able every 8hr"

Last Monday, Jan 28th, I logged 21 reward transactions in 24 hours, at various amounts.
It totaled: 0.5420964 OWC.   [the amounts always show 8 places past the decimal point]

Taking the average, it figures at [0.18 OWC ] for 8 hours.

I heard the rumor from an Oduwa Team member who talks with the Dev[eloper].
In the future they are considering upping the 1% reward for mining, as it is consistent to
make it worth it for miners.  Don't know a "when" on that one.

PS - I think the real profitability for OWC will be HODL until it gathers traction with the
African Decentralized Currency this year.   Part of the main purpose of OWC is to become
a frequently used digital currency with a largely scaleable number of transactions.
    It will be an actual digital cash coin used in six African nations, as well as anywhere else
using OWC.  It is already paired to BTC and others on exchanges, so that's already possible.

Hope this helps out,     -mongoozemax
newbie
Activity: 11
Merit: 0
January 30, 2019, 05:11:35 PM
#32
Pls how many Oduwa coins will be mine able every 8hrs
newbie
Activity: 27
Merit: 0
January 29, 2019, 09:25:39 PM
#31
Hi anyone,

   To give a picture of mining, on a small scale, I'll tell what I did.  POS is 'proof of stake.'  So, an amount of my OWC is 'staked,' or placed in a limbo status, while a portion of the mining process does it's thing.  This is the stake the backs up the proof of the coin.  Proof of Work uses that puzzle solving, with the winner getting the reward, and concluding the consensus, which finishes off that one block; or the proof.  Since time and energy {computer, time, electricity, effort} is the "work" behind POW, it is not energy efficient on a large scale.  In fact, POW mining has become so world wide extensive, it has become less profitable for miners.   POS is one alternative, which allows for a greater increase in number of miners - in a more efficient way.  Anyone can mine POS with a laptop.

  After downloading from oduwacoin.io  ; I just transferred one OWC coin, to test the address {that long receiving hash Alpha-Numeric code}, and waited.   You will have a receiving address per wallet.  Coins from the Oduwa MainNet, oduwa.io, took longer because that is the original, private platform.   An Oduwa Administrator will oversee, approve, and send your coin out by hand transaction; sometimes after they had their coffee.  Once you coins are out of the MainNet, they do not return there.  Out there, the mining wallets, or web wallets, or mobile wallets {with the option of offline, paper wallet} are the holding places for your coin.

     As per instructions on oduwacoin.io, there is a minimum number of coins, to stake, for mining.  One can have a free mining wallet and store OWC coin, and transfer to, and from it; with any amount of OWC.  However, one needs [ 2,000 OWC ], two thousand Oduwa coin, in the wallet; in order for the wallet to mine. 

    Next, encrypt your wallet and Write Down your Password!   It protects security of your wallet, and is needed for mining.

    2,000, or more, coin in wallet?  Encrypted with password?  Just go to 'file' and UNLOCK the wallet [password].    Wait.    First time, half a day, so do whatever.

    As a big tip, I think my 'sleep mode' on my laptop, might turn off wallet.   So, I just went to my laptop setting and turned all the sleep settings to "never,"  and then I picked a nifty screen saver.

   Leave laptop running and you'll see "incoming transaction"  once and awhile.  Maybe the notification chime along with it.

   Your wallet, as mine does, mines various amounts of stake.   Example:  It will take 700 of my 2,000 and "stake" it.    When done, it returns that to the "spendable" amount, the 2,000. 

   If you choose to place more coin in  you mining wallet, it will "weigh" it greater on the grand scale and be used more often with greater amounts.

Since Oduwa is still beginning, 2-3$ levels,  it seems like [with all those little micro transactions ] someone is paying me a dollar to leave my computer on all day. 
Yet, it is helping the Oduwa progression, and that is something I want to do.   Also, later, when OWC is bigger, that 0.012 coin, gets bigger also.  Think HODL and long term of a year.

    So, I'm not worried about fluctuations now in OWC, it is so early, and tons of little sell offs are happening.  Natural, but so much on the small scale.   Pretty soon it will be only 3$,  next it will
only go up.

   So, a small laptop, off to the side, doing its own thing.   I do my other computer work on my other machine.
PS --  sorry for length, but DO back up on your wallet.    I use a thumbdrive, and just keep on re-writing over the same file.   back up, once and a while


thanks, mongoozemax
jr. member
Activity: 162
Merit: 1
January 29, 2019, 07:50:33 AM
#30
Hi There. Having gone through your project and personally used your platform to make payment, I must confess, Oduwa Coin is one of the best digital payment platforms on the ecosystem. A friend introduced me to your platform.

Initially, I developed cold feet thinking that the payment process would not be swift. However, to my surprise, the process was not only swift but was also seamless. I commend your team. You guys rock!


Thanks for your kind words. We don't want to claim about best or greatest, but we definitely have created something that's worthy! Thanks
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