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Topic: [ANN][ONC] Onecoin - CPU only - Pools opened! - page 25. (Read 74935 times)

sr. member
Activity: 280
Merit: 250
Could you watch how the Elacoin launch goes and learn from that, this could give you much better chances to succeed in here.
legendary
Activity: 882
Merit: 1000
give us a solid launch date.
newbie
Activity: 56
Merit: 0
ok, what's different about this coin ?

same crap as many others.


aa
hero member
Activity: 544
Merit: 500
Litecoin is right coin
As long as you realize that no exchange will take your coin. BTC-e won't take it just for the fact that it doesn't support that low a number for transactions.
member
Activity: 100
Merit: 10
When is the release?
Is this launched now?  To be successful, you need to make the official launch clear somehow and give some advanced notice.
I will make an announcement 24 hours before it.

So, what's unique about your coin anyway, other than the position of the decimal place?
The reward will gradually increase during first 25000 blocks (or maybe less, since it cannot be GPU mined anymore) to prevent early adopters from gaining unfair advantage.
legendary
Activity: 1232
Merit: 1001
I have just finished porting scrypt-jane implementation from Yacoin. So enjoy the new CPU-only cryptocurrency.

Is this launched now?  To be successful, you need to make the official launch clear somehow and give some advanced notice.

So, what's unique about your coin anyway, other than the position of the decimal place?
hero member
Activity: 518
Merit: 500
When is the release?
member
Activity: 100
Merit: 10
I have just finished porting scrypt-jane implementation from Yacoin. So enjoy the new CPU-only cryptocurrency.
sr. member
Activity: 308
Merit: 250
Just a noob question:

I've compiled the source into a onecoin-qt. Will I have to compile it again when it releases?
Yes. But that re-compile should be quicker since make only re-does changed files

ty, turtle!
legendary
Activity: 1274
Merit: 1050
vinne81, TheSwede75, you guys made me laugh. Thanks!
BTW you can compare our registration dates.

Oh my goodness ! Satoshi.... is that YOU ?!
sr. member
Activity: 322
Merit: 250
Supersonic
Just a noob question:

I've compiled the source into a onecoin-qt. Will I have to compile it again when it releases?
Yes. But that re-compile should be quicker since make only re-does changed files
sr. member
Activity: 308
Merit: 250
Just a noob question:

I've compiled the source into a onecoin-qt. Will I have to compile it again when it releases?
hero member
Activity: 714
Merit: 510

I don't consider PPCoin or LTC a scam. I think you have to separate SCAM coins from simply Poorly designed coins. Any coin can have a poor implementation, diff, block reward etc. What makes a SCAM coin (Bitbar, Mincoin etc.) is that they are designed with the sole purpose of making the developers and their 'friends' rich.
I see, any store of value coin or coin which can make people "rich" is a scam.

Bitbar I can agree on because you can't even mine it now that the difficulty is so high, but nothing stops you from mining Mincoin. What you're saying is you don't agree with the early reward structure but that doesn't make it a scam because in the case of Mincoin anyone was free to mine them in the first 3 days and you chose not to. The developer and his friends mining it in advance is premining. Instamining is when it's mined up in one day. 3 days is early bird mining and I suppose you could say it's a case of instamining and I can understand that sentiment but it doesn't make it a scam unless you can't mine and get significant coins still.

You can get 2000 coins a month mining Mincoin. I'm mining Mincoin right now. Some people had a lot of Mincoin early on but most of those people sold them, have a look at the network and you'll see that while it started out unbalanced, a lot has changed as most of the early miners have cashed out and are cashing out as we speak.

The difficulty in my opinion is the issue that matters. A coin can be intended not to be instamined and use SHA256 and one ASIC can ruin the difficulty. Mincoin at least used scrypt and has something like 1 minute block rewards, the difficulty adjusts something like twice a day, what more do you want?

It's a good coin to mine over the long term, and most complaining are just mad that didn't start mining the first 3 days. Some people didn't get a chance to mine BTC in the first 3 years and now there are ASICS, the same argument is being used against BTC making the early adopters rich or making Satoshi rich thus Bitcoin is a ponzi scheme?
sr. member
Activity: 266
Merit: 251
Guys, just take a look at the source code. This is a straight up litecoin clone. Not even the readme has been altered.

They didn't even bother to change it from litecoin to "onecoin".
 Roll Eyes
member
Activity: 84
Merit: 10
Onecoin will be released to public in few days. I will make an announcement of release date and time in this thread for at least 24 hours before it. The genesis block will include the URL of my latest post in the thread to prove that there is no premine.

Can't wait until release.

legendary
Activity: 882
Merit: 1000
if you are serious, here's a small to do list, it wont guarantee success but the differences willl garner some attention from the big boys of alt coins.


1, chuck the old algos, the scrypt-jane idea is ok due to the standing block on GPU mining.
2, starting difficulty must neither be too low, or too high, if ppl mine too quickly, you'll fade by nightfall. if its too slow, ppl will either accuse you of premine, scam , or a useless algo.
3, do a fair start, give a specific date and time of launch and ensure all source code and binary functions  properly.
4, when you edit the client(i'm assuming u'll be using a modified version of the btc or ltc one) make sure it all says ONC coz if ppl start seeing other names of previous coins, they wont take this seriously.
5, stay in contact, dont abandon it just after releasing it.
hero member
Activity: 756
Merit: 501
I'd like this coin to adopt the scrypt-jane algo implemented in yacoin. With proper Windows binaries please.  Smiley
legendary
Activity: 1118
Merit: 1004
Interesting idea.

If it could be as successful as YAC, then I'd be interested... however, I think you need something more to add incentive to mining this coin.

Your bar for "success" is very low.
legendary
Activity: 1232
Merit: 1001
Interesting idea.

If it could be as successful as YAC, then I'd be interested... however, I think you need something more to add incentive to mining this coin.
sr. member
Activity: 476
Merit: 251
COINECT
Give the only coin away in the first block and then you'll have something unique.
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