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Topic: [OSC]OpenSourcecoin Mandatory Update 7/1/14 - page 18. (Read 153340 times)

newbie
Activity: 5
Merit: 0
Hello

Since today my net hash rate on my pool for OSC is same as my pool hash rate.
I have updated the Ocoin daemon.

All my blocks found are not validated.

Does someone have changed on the OSC ?
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
New logo is very clean, congratulations. Wallet is good.

Waiting for your innovations.

Hey Community, lets talk bout new ideas and projects for ocoin!!!

semiorganized talk about new ideas and projects for ocoin
https://bitcointalksearch.org/topic/m.6611668

links to subthreads OR just post in here in the main thread if you need

PROJECT :: research/ideas/brainstorm area 
>> https://bitcointalksearch.org/topic/m.6891176
hero member
Activity: 686
Merit: 504
always the student, never the master.
Mandatory upgrade to latest source. some light internal changes, just to be safe you should upgrade. see OP
hero member
Activity: 798
Merit: 1000
Nice guy.

Website is necessary. A blockexplorer would be nice. How about a richlist?
I think the direction is the right one!!!!

New logo is very clean, congratulations. Wallet is good.

Waiting for your innovations.

Hey Community, lets talk bout new ideas and projects for ocoin!!!
hero member
Activity: 686
Merit: 504
always the student, never the master.
6/25/2014 Ocoin-2.0.1-clean windows release
**This isn't mandatory, but fixes the problems with the gui. New Icon Set and Logo are included.
https://drive.google.com/file/d/0B5V5vln-sS3EWEFseFhPVVR1elE/edit?usp=sharing


Changes will be pushed to github in the morning, with the linux release to follow shortly thereafter.

i'm working on a revamp and relaunch of the opensourcecoin website with a block explorer and realtime transaction view.
hero member
Activity: 686
Merit: 504
always the student, never the master.
Anyone know of a working block explorer?
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
open source Wallet Security http://www.bitcointrezor.com/

example of what OSC could help fund


open source banking
http://www.agescota.com/linux/


open source GLD
https://www.coaex.com/custom-gold-bars/

open source LEGAL

open source ROBOT

open source ENGINEERED SYSTEMS

open source WEB
hero member
Activity: 686
Merit: 504
always the student, never the master.
Sounds about right to me.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics

   {0000000}xxx if (nHeight > 0 && nHeight < 7) {nSubsidy = 0 * COIN;}                                                   // zero
   {0177777}else if (nHeight == 7) {nSubsidy = 177777 * COIN;}                                                             // Premine BLoCK=177777
   {0002483}else if (nHeight > 7 && nHeight < 1000) {nSubsidy = 2.5 * COIN;}                                        // IRC Launch
   {0000026}else if (nHeight > 1000 && nHeight < 1337) {nSubsidy = 0.0777 * COIN;}                            // low instamine official launch
   {0001337}else if (nHeight == 1337) {nSubsidy = 1337 * COIN;}                                                        // bonus BLOCK= 1337 coins
   {0002663}else if (nHeight > 1337 && nHeight < 4000) {nSubsidy = 1 * COIN;}                                  //01 coins final launch period

TOTAL =00.18 million (approx.)

   {0090000}else if (nHeight > 4000 && nHeight < 8000) {nSubsidy = 22.5 * COIN;}                                // 22.5 coin per block
   {0120000}else if (nHeight > 8000 && nHeight < 16000) {nSubsidy = 15 * COIN;}                               // 15 coins per block
   {0120000}else if (nHeight > 16000 && nHeight < 32000) {nSubsidy = 7.5 * COIN;}                            // 7.5 coins per block
   {0192000}else if (nHeight > 32000 && nHeight < 64000) {nSubsidy = 6 * COIN;}                               // 6 coins per block
   {0055108}else if (nHeight > 64000 && nHeight < 77777) {nSubsidy = 4 * COIN;}                               // 4 coins per block
   {0010000}else if (nHeight == 77777) {nSubsidy = 10000 * COIN;}                                                    // bonus BLOCK= 10000
   {0200892}else if (nHeight > 77777 && nHeight < 128000) {nSubsidy = 4 * COIN;}                             // 4 coins per block

TOTAL =05.25 million (approx.)

{2560000}else if (nHeight > 128000 && nHeight < 256000) {nSubsidy = 20 * COIN;}                            R// 20 coins per block
{3600000}else if (nHeight > 0256000&& nHeight < 0400000) {nSubsidy = 25.0 * COIN;}                       R// 25.00    coins per block <{5000000}else if (nHeight > 0400001&& nHeight < 0800000) {nSubsidy = 12.5 * COIN;}                       R// 12.5      coins per block << soon
{2500000}else if (nHeight > 0800001&& nHeight < 1200000) {nSubsidy = 06.25 * COIN;}                     R// 06.25    coins per block
{6000000}else if (nHeight > 1200001&& nHeight < 2400000) {nSubsidy = 5 * COIN;}                            R// 05.00    coins per block

TOTAL =20.5 million (approx.)

   {0000000}else {nSubsidy = 1 * COIN;}                             R// 01 coins per block == 175200/yr



commentary NOT actual code

this is probably way wrong, if so, please comment



can you guess the coin?
usde ... deposit (cache) on demand
wow such reward inflation
hero member
Activity: 686
Merit: 504
always the student, never the master.


   Then the at  block 400,000.  The coin values will eventually go up in price right  if I'm understanding correctly  because harder to mine them from 25 to 12.5 per block .
   
       Kevin

I won't speculate on the price, but it certainly could slow the rate of dumping on exchanges.
hero member
Activity: 546
Merit: 500


   Then the at  block 400,000.  The coin values will eventually go up in price right  if I'm understanding correctly  because harder to mine them from 25 to 12.5 per block .
   
       Kevin
hero member
Activity: 686
Merit: 504
always the student, never the master.


  I need help understanding something
This coin says it will go to half at 400,000 block number so if I'm understanding correctly it go from 25 coins to 12.5 coins per block.  is that correct???
 
     
 
      SPECIFICATIONS

    Algorithm: Sha256 POW/POS**
    TX Message Feature
    PPCoin Checkpointing System
    Total Coins: 21 million
    19.8 million coins by Year 8
    Subsidy: .0777 - 25 coins
    Halving: 400,000 blocks
    Minimum Subsidy: .0777
    Block Times: 1 minute
    Symmetrically Scaling Difficulty Retarget Algorithm(SSDRA) without Rollback
    UPNP


main.cpp line 946-982 https://github.com/bryceweiner/OSC/blob/master/src/main.cpp

Code:
// miner's coin base reward based on nBits
int64 GetProofOfWorkReward(int nHeight, int64 nFees, uint256 prevHash)
{

static const int64 nMinimumCoin = 0.0777 * COIN;

int64 nSubsidy = 0.0777 * COIN;                                                                         //genesis

if (nHeight > 0 && nHeight < 7) {nSubsidy = 0 * COIN;}                                                // zero
else if (nHeight == 7) {nSubsidy = 177777 * COIN;}                                                   // Premine
else if (nHeight > 7 && nHeight < 1000) {nSubsidy = 2.5 * COIN;}                                   // IRC Launch
else if (nHeight > 1000 && nHeight < 1337) {nSubsidy = 0.0777 * COIN;}                            // low instamine official launch
else if (nHeight == 1337) {nSubsidy = 1337 * COIN;}                                               //L33T
else if (nHeight > 1337 && nHeight < 4000) {nSubsidy = 1 * COIN;}                                //final launch period
else if (nHeight > 4000 && nHeight < 8000) {nSubsidy = 22.5 * COIN;}                         // 22.5 coin
else if (nHeight > 8000 && nHeight < 16000) {nSubsidy = 15 * COIN;}                            // 15 coins per block
else if (nHeight > 16000 && nHeight < 32000) {nSubsidy = 7.5 * COIN;}                         // 7.5 coins per block
else if (nHeight > 32000 && nHeight < 64000) {nSubsidy = 6 * COIN;}                          // 6 coins per block
else if (nHeight > 64000 && nHeight < 77777) {nSubsidy = 4 * COIN;}                         // 4 coins
else if (nHeight == 77777) {nSubsidy = 10000 * COIN;}                                      // bonus reward
else if (nHeight > 77777 && nHeight < 128000) {nSubsidy = 4 * COIN;}                      // 4 coins
else if (nHeight > 128000 && nHeight < 256000) {nSubsidy = 20 * COIN;}                    // 20 coins
else if (nHeight > 256000) {nSubsidy = 25 * COIN;}                 // 25 coins
else if (nHeight > 2400000) {nSubsidy = 5 * COIN;}
else {nSubsidy = 1 * COIN;}             

    // Subsidy is cut in half every 400 thousand blocks
    nSubsidy >>= (nHeight / 400000);

// Minimum subsidy
    if (nSubsidy < nMinimumCoin)
    {
        nSubsidy = nMinimumCoin;
    }

    return nSubsidy + nFees;
}

So to answer your question, yes unless i made some error in this code it will drop to 12.5 @ 400k blocks and will continue to half until block 2,400,000 where the reward will bump back up to 5 and continue halfing until it reaches the minimum subsidy. any block that doesn't fall into the rules above will fall back to a reward of 1 coin.
legendary
Activity: 3556
Merit: 1126
Hey ya'll, I've added OSC to my new Multipool. Would love to have some miners stop by and mine!

xpool - BTC Multipool

 
PROP reward system
BTC Payouts
Scrypt & SHA256 Algo's
DDoS Protected
High Performance Backend
Simple setup and usage
0% Fees while in BETA
To mine:
Cheers and Happy Hashing!
hero member
Activity: 546
Merit: 500


  I need help understanding something
This coin says it will go to half at 400,000 block number so if I'm understanding correctly it go from 25 coins to 12.5 coins per block.  is that correct???
 
     
 
      SPECIFICATIONS

    Algorithm: Sha256 POW/POS**
    TX Message Feature
    PPCoin Checkpointing System
    Total Coins: 21 million
    19.8 million coins by Year 8
    Subsidy: .0777 - 25 coins
    Halving: 400,000 blocks
    Minimum Subsidy: .0777
    Block Times: 1 minute
    Symmetrically Scaling Difficulty Retarget Algorithm(SSDRA) without Rollback
    UPNP
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
ѺРЭИ ЅѲЦЯҪШ                                          ש Ϙ ϟ // koppa  ๑ ۞
I'm still supporting OSC guys, but Bryce can take this coin to new heights and give it a future and a purpose that i never managed to do. I'll still be around to help if needed and will still be a big advocate of the coin.





Code Developers
     Bryce Weiner, Lead Developer
     r3wt, Developer

Founder
     r3wt

Advocates/Media Spokespersons
     r3wt
     Bryce

Webmasters
     r3wt >>>> www.opensourcecoin.org
    
eg
Member L0 - Founder, skilled cryptocurrency engineers, serious investors

Member L1 - Full time C++ programmer, skilled with QT and cryptocurrency development.

Member L2 - Python, Ruby, and PHP programmesr, with a focus on web application development and API integrations.

Member L3 - Well rounded, full time graphic designers specializing in usability and interface development.

Member L4 - Community relations and PR managers, will be maintaining our website, twitter, other social media, and press releases.
  
newbie
Activity: 19
Merit: 0
Hi all!
new stratum  multicoin pool:
http://xguild.net/osc/
fee: 1%
please try!
Thanks!
hero member
Activity: 546
Merit: 500


  There is a new Talking Forum on Zello ( http://zello.com ) it works with iPhone , Android , Blackberry and pc . The forum was created to help the Cryptocurrency community on new and old coins and more. The forum name is cryptocurrency 2014   so come and check it out . it is English-speaking  forum  only..
member
Activity: 176
Merit: 10
The World’s First Blockchain Core
I'm happy to announce that I've opened OSC to my website as Online Wallet, Trading Platform and Mining Pool

www.virtualcoin.biz

Any suggestion are welcome
hero member
Activity: 686
Merit: 504
always the student, never the master.
I'm still supporting OSC guys, but Bryce can take this coin to new heights and give it a future and a purpose that i never managed to do. I'll still be around to help if needed and will still be a big advocate of the coin.
full member
Activity: 154
Merit: 100
OpenSourceCoin now has it's own page on http://coinwik.org a wikipedia listing all the alt coins to help you quickly find facts and links about your favorite coin.

http://coinwik.org/OpenSourceCoin
If you know of other facts and links that can be added to the page, please feel free to update the page.
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