dualcore
netmhashps : 0.03495203
Topic: [ANN][OC] ONECOIN | NO PREMINE | FAIR LAUNCH | SHA256 TRIPLE - page 36. (Read 44149 times)
with no amount in wallet we can stake if there is a transaction on the network, i'm i right?
You are wrong. You still need to have a positive balance to stake, if you could stake with 0 balance there would be no way for the protocol to function, adjusting the difficulty and picking the nodes that meet the diff target to stake.
There is just no reward to stake, except the fees.
why use onecoin? the name similar with ponzi onecoin.
It's written on the top. I like this idea 
... annoying ponzi scammers ... and a wish to just confuse people a bit.
Why the name?there's already an mlm coin named Onecoin,although I like the specs and the algos but people might mistke your coin to the mlm coin Onecoin,could have been better if we choose a unique name for your coin,but anyway goodluck
The name was picked intentionaly to make the scamers realize what a real cryptocurrency looks like, you can also consider it a marketing approach for this coin, I do not consider the ponzi OneCoin a cryptocurrency so it is a different product.
I never said this is a nice thing to do, but what they are doing with their ponzi is also not nice.
But like it is mentioned in the ANN, it is strongly encouraged that someone forks the coin. The name can be anything you want.
And also, like already mentioned, from my side this is only a social experiment, it is up to the community if this coin lives, changes its name, or whatever else...
I personaly do not care if it dies before the mainnet even starts.
why use onecoin? the name similar with ponzi onecoin.
I saw startup on crackle too. This could be worse... at least its not an ICO.
Will be checking for that hidden premine when network goes live.
GL
Will be checking for that hidden premine when network goes live.
GL
No hidden premine mate. Why wait for the network to go live if you can check the source now?
https://github.com/theone-and-not-only-coin/onecoin/blob/master/src/main.cpp#L983
Code:
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees, int nHeight)
{
int64_t nSubsidy = 0;
if (!TestNet())
{
if (nHeight <= 499)
nSubsidy = 0;
else
nSubsidy = 50 * COIN;
}
else
{
if (nHeight <= 20)
nSubsidy = 0;
else
nSubsidy = 50 * COIN;
}
if (!TestNet())
nSubsidy >>= (pindexBest->nHeight / 420480);
else
nSubsidy >>= (pindexBest->nHeight / 1000);
LogPrint("creation", "GetProofOfWorkReward() : create=%s nSubsidy=%d\n", FormatMoney(nSubsidy), nSubsidy);
return nSubsidy + nFees;
}
onecoin is old coin and ponzy coin, same the billion coin or e-dinar coin
addnode=?
?
? 
with no amount in wallet we can stake if there is a transaction on the network, i'm i right?
any node ?
Why the name?there's already an mlm coin named Onecoin,although I like the specs and the algos but people might mistke your coin to the mlm coin Onecoin,could have been better if we choose a unique name for your coin,but anyway goodluck
onecoin , unocoin , swiscoin 
I saw startup on crackle too. This could be worse... at least its not an ICO.
Will be checking for that hidden premine when network goes live.
GL
Will be checking for that hidden premine when network goes live.
GL
sounds *LEGIT*
Onecoin
Reward scheme:
Proof of Work:
- NO PREMINE
- 0 REWARD until height 500 (approx 3 days, to avoid lowdiff instamine and to allow everyone to get ready)
- After block 499, reward is 50 COINS.
- Halving every 4-8 years (every 420480 blocks, see below for explantion why it is not exact when the halving happens)
(from github)Reward scheme:
Proof of Work:
- NO PREMINE
- 0 REWARD until height 500 (approx 3 days, to avoid lowdiff instamine and to allow everyone to get ready)
- After block 499, reward is 50 COINS.
- Halving every 4-8 years (every 420480 blocks, see below for explantion why it is not exact when the halving happens)
Reward scheme:
Proof of Work:
NO PREMINE
NO REWARD until height 1000 (to avoid lowdiff instamine)
After block 1000, reward is 50 COINS.
Halving every 4 years (every 420480 blocks)
This is a cryptocurrency (social) experiment with a brave controversial name inspired by the miracle of open source cryptocurrencies, annoying ponzi scammers, a big dose of curiosity about what will happen next and a wish to just confuse people a bit.
There is NO bussines plan, no roadmap, no hidden plan.
The developer will only be involved in providing the initial source code for a working coin (and compiling the windows wallet), everything else is left to the community: updating the code, developing other services like mining pools, faucets, translations, setting up slack (or similar chanels), getting the coin on an exchange, advertising, leaving the coin to die...etc
Specs:
- Name: OneCoin Ticker: OC
- Fork of latest Blackcoin (added miner (setgenerate), removed alert function, cleaned up the forks, other details below)
- Block time: 10 minutes (effectively 5 minutes, since pow and pos blocks are targeted at 10min)
- PoW mining algorithm: SHA256T (Triple Sha256, yes triple, not double)
- Maturity: 250 blocks
- Max coins: 21 - 42 milion (approximate, see below for explanation)
- Addresses start with 1
- P2P Port: 8881 RPC Port: 8882
- Check other details in the source code
Reward scheme:
Proof of Work:
- NO PREMINE
- 0 REWARD until height 500 (approx 3 days, to avoid lowdiff instamine and to allow everyone to get ready)
- After block 499, reward is 50 COINS.
- Halving every 4-8 years (every 420480 blocks, see below for explantion why it is not exact when the halving happens)
Proof of Stake:
- NO REWARD, ONLY TRANSACTION FEES
- A Stake will occur ONLY IF there is a transaction in the mempool that is paying the fee
Because of unique reward structure - "no reward pos blocks", the total amount is not exact:
Case A: Nobody makes a single transaction in the entire liftime of the network, meaning all the blocks were PoW, creating rewards along the way, making the total supply 42 milion.
Case B: There is always a transaction in the mempool, keeping the average block time at 5 minutes, blocks are distributed 50:50 between PoW:PoS, totaling the supply at around 21 milion.
Case C: Things balance somewhere in between, the total supply is still predictable in the medium term <<<--- Most likely scenario
The idea behind the reward structure:
- PoW miners get payed by the network for spending energy and securing the network
- PoS miners (stakers) get payed by people using the network (paying transactions fees) in the begining that is practically zero, but the expenses of running a full node while the network is young is also close to zero (incentive to run a full node grows as the network grows or more accurately, when transaction volume grows)
- Long term competition develops in the fee market between the miners and stakers, pushing the price of fees downwards for the users.
That is all in theory, it is all an experiment. We will see how it goes,
Source: https://github.com/theone-and-not-only-coin/onecoin
Win wallet: https://github.com/theone-and-not-only-coin/onecoin/releases/tag/v1.0_newlogo
Paper wallet: Use the same as bitcoin, same address, same prikey import format.
My suggestions to the community for the first steps:
Code:
addnode=103.240.126.40
addnode=109.241.110.205
addnode=110.55.67.96
addnode=113.61.250.27
addnode=130.83.137.28
addnode=136.243.50.159
addnode=149.202.78.181
addnode=162.254.5.190
addnode=172.106.75.17
addnode=174.100.183.67
addnode=174.88.94.62
addnode=176.50.140.91
addnode=176.79.119.88
addnode=178.150.3.240
addnode=178.234.21.218
addnode=178.39.79.114
addnode=180.150.226.50
addnode=185.52.142.245
addnode=193.164.140.162
addnode=193.83.12.118
addnode=194.96.162.189
addnode=195.114.243.47
addnode=209.177.86.34
addnode=220.245.124.169
addnode=24.246.84.132
addnode=37.218.160.171
addnode=37.6.43.199
addnode=5.137.199.152
addnode=58.243.226.71
addnode=62.141.153.198
addnode=62.182.202.249
addnode=75.135.250.212
addnode=76.68.249.232
addnode=77.111.163.71
addnode=77.250.7.129
addnode=78.141.104.67
addnode=78.205.33.15
addnode=78.46.192.126
addnode=78.94.32.194
addnode=82.160.16.10
addnode=89.142.75.86
addnode=92.81.74.69
addnode=93.103.159.8
addnode=93.103.41.29
addnode=94.23.102.99
addnode=95.53.247.188
- Someone should probably fork the code and add some seednodes and recompile the wallets (line 88-91, chainparams.cpp, currently commented out)
Logo updated, tnx to user @osmiumcoin
- Have fun and enjoy your own fair, not premined to hell, no founder reward, open source, ICO free, clean, (no)shit coin cryptocurrency
EXCHANGE
#1
#2
OC/BTC market added to CoinExchange.io:
https://www.coinexchange.io/market/OC/BTC
Peer explorer:
https://www.coinexchange.io/network/peers/OC
https://www.coinexchange.io/market/OC/BTC
Peer explorer:
https://www.coinexchange.io/network/peers/OC
BLOCK EXPLORER
#1
Blockexplorer: http://onecoin.acc-pool.pw/
#2
With compliments from @fairglu a CryptoID blockexplorer.
First 2 months are on the house and a 10% off on the regular $10 in BTC per month price.
https://chainz.cryptoid.info/oc/
Hosting can be extended by a donation to
BTC 1F4VXcWtiQmm8BVhruLrhdbXSEAM6FA2FY
Hosting rate for this blockhain is currently $8.9 per month
First 2 months are on the house and a 10% off on the regular $10 in BTC per month price.
https://chainz.cryptoid.info/oc/
Hosting can be extended by a donation to
BTC 1F4VXcWtiQmm8BVhruLrhdbXSEAM6FA2FY
Hosting rate for this blockhain is currently $8.9 per month
(Community spirit) 1 : 0 (Greed)
POOL
#1
#2
cpuminer-opt v 3.5.12 is released with support for sha256t, 29% faster than ocminer version.
Source code and Windows binaries available, link below.
https://bitcointalksearch.org/topic/ann-cpuminer-opt-v3881-open-source-optimized-multi-algo-cpu-miner-1326803
Source code and Windows binaries available, link below.
https://bitcointalksearch.org/topic/ann-cpuminer-opt-v3881-open-source-optimized-multi-algo-cpu-miner-1326803
GPU
AMD
GPU Miner is here:
https://github.com/bitbandi/sgminer-oc
I've added Port 8588 for GPU mining (higher diff)
https://github.com/bitbandi/sgminer-oc
I've added Port 8588 for GPU mining (higher diff)
Funded by ocminer, developed by elbandi:
Crownfounding opencl (amd) cpu miner
Here is my deal: a soon as there are 0.25 btc sent to this address, i start to make a public opensource gpu miner:
13dw6aBybHmAHFsy1ndUwWembGNzzPSE9s
(all the same, if only someone send the above value, or more ppl)
So, the communinty has the choice if they want now a gpu miner, or wait for someone else makes it later.
Okay, sent. Here is my deal: a soon as there are 0.25 btc sent to this address, i start to make a public opensource gpu miner:
13dw6aBybHmAHFsy1ndUwWembGNzzPSE9s
(all the same, if only someone send the above value, or more ppl)
So, the communinty has the choice if they want now a gpu miner, or wait for someone else makes it later.
Please use phatk kernel so I can see what I missed.
Thanks
NVIDIA
Nicehash cosed source
https://bitcointalksearch.org/topic/m.18092240
Open source ccminer
https://github.com/tpruvot/ccminer
SLACK
TELEGRAM
https://web.telegram.org/#/im?p=s1109268057_1911767768566602972
@OneCoin11
https://twitter.com/OneCoin11
https://www.facebook.com/TheGenuineOneCoinCryptoCurrency/
WEBSITE
https://onecoinnetwork.github.io/web/
Donations to Kim (bitcoin/onecoin): 1FpegEt3ax7wkYzGB5GVSpKixb4VHWSJ4X
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