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Topic: [ORLY] Orlycoin | X15 | it's PoS now - page 30. (Read 50291 times)

legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
February 21, 2016, 02:41:06 PM
#4
At least it's not ICO/premine/X11.

Any ballpark ETA on the launch time?

I guess 2 - 4 days.
There's no need to rush in, block reward is very low at the start and will grow over time, so this time the early owl won't catch the mouse Wink

Even if diff goes sky high, I expect it will still be worthwhile to mine until the last day (day ~200) of PoW phase, because the blockreward will be ~400 times higher by then.

Doge will be watching ORLY!

legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
February 21, 2016, 02:39:43 PM
#3
At least it's not ICO/premine/X11.

Any ballpark ETA on the launch time?
legendary
Activity: 2688
Merit: 1240
February 21, 2016, 02:37:48 PM
#2
lol.. another meme.. nice.. Smiley
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
February 21, 2016, 02:37:16 PM
#1





Orlycoin [ORLY] | Hoo-hoo-hoo!

Orlycoin [ORLY] launches as a hybrid PoW & PoS coin with incremental block reward

Total coins in hybrid PoW & PoS phase: expected ~30-35 million ORLY 36 Million ORLY
(this is an estimate: both PoW and PoS blocks are found during this phase)

Block time: ~60 seconds
Algorithm: X15

Is there a premine? No, there is no premine. How do you pay for hosting and development? Out of my owl own pocket.
Will there be an exchange soon? If the coin runs smooth and there's enough support from you guys, I'll contact exchanges. Listed!

Increasing block reward for fair coin distribution? O RLY?
Blockreward will start at 64 coins per block and increase with 32 coins, every 10,080 blocks:

Phase 1
block           0 - 10,080 ->  rewards 64 Orlycoins

Phase 2
block    10,081 - 20,161 ->  rewards 96 Orlycoins

Phase 3
block    20,162 - 30,242 -> rewards 128 Orlycoins

[..]

Phase ~20
block 191,539 - 201,600 -> rewards 672 Orlycoins

After the hybrid PoW & PoS phase Orlycoin moves over to full-PoS with an annual 4% PoS mining interest for anyone supporting the network by running the wallet.


Orly flight plan:

Orly has no roadmap, owls need no roads: owls have a flight plan!






Pools:

The PoW phase ended at block 201600.
Orlycoin is now full PoS.
You can stake your coins in the Orlycoin wallet!


Exchanges:









Want to host Orly @ your exchange? Send me a message and I'll add your exchange to the list!



Wallets:




Miscellaneous:







Orly @ Social Media:






The history of O'RLY:






Configuration file: orlycoin.conf

Code:
server=1
daemon=1
listen=1
maxconnections=1024
rpcuser=user
rpcpassword=pass
rpcport=23451
addnode=85.214.137.118
addnode=158.69.159.45


Orly art! O RLY?




If you rly like Orlycoin, show your support by donating a few Satoshi!

Orlycoin: oQ79NCahbQ3roJQJTiHfbfWYhv2L8k7TV9
Bitcoin: 193CZmxB2Zi31txvitVinQYUAM2cqEEn2T

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