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Topic: [OSC]OpenSourcecoin Mandatory Update 7/1/14 - page 28. (Read 153340 times)

newbie
Activity: 16
Merit: 0
November 30, 2013, 10:00:20 AM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.

PhatJ - t2ZdUKDs3DEteMZSti1244i9SCwk6j2jz
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 29, 2013, 11:28:19 PM
overtime, the value, steady production, and features will make this coin a winner. ask bcx he threw 3 th/s at it and couldn't even budge the block targets. like bitcoin, the stringent difficulty rules can sometimes lead to longer block times and a stranding effect, but in an electronic environment, OpenSourcecoin is proof that fast block times don't always mean less security, and give Sunny King credit for his thoughtfulness in designing Peercoin, which OSC is ultimately derived from.
Yeah, I noticed how the difficulty shifts with network hash rate rather than being stuck high when the power drops off. I've had transactions with some coins get stuck for hours or days when this happens. For applications where getting that first confirmation quickly is important it's a good feature.

BTW, I tried to get a p2pool set up. It connects to Ocoin and cgminer connects to it and finds blocks but they aren't propagated or recorded by the network, plus the payout is wrong. I'll do more hacking when I get time.

there are several pools already, such as osc.dsync.net which was the first functional pool, and is arguably the best. i think most people mine at coinex, but the dsync pools are known for finding more blocks per gh/s than any other. that could be just seen as my opinion, but coinex has had 150 ghs, but we'd be hitting a block every 5 minutes with less than 10
newbie
Activity: 21
Merit: 0
November 29, 2013, 08:14:41 PM
overtime, the value, steady production, and features will make this coin a winner. ask bcx he threw 3 th/s at it and couldn't even budge the block targets. like bitcoin, the stringent difficulty rules can sometimes lead to longer block times and a stranding effect, but in an electronic environment, OpenSourcecoin is proof that fast block times don't always mean less security, and give Sunny King credit for his thoughtfulness in designing Peercoin, which OSC is ultimately derived from.
Yeah, I noticed how the difficulty shifts with network hash rate rather than being stuck high when the power drops off. I've had transactions with some coins get stuck for hours or days when this happens. For applications where getting that first confirmation quickly is important it's a good feature.

BTW, I tried to get a p2pool set up. It connects to Ocoin and cgminer connects to it and finds blocks but they aren't propagated or recorded by the network, plus the payout is wrong. I'll do more hacking when I get time.
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 29, 2013, 05:22:19 PM
how many OSC have been minted so far?

almost 1 million were almost into phase two of production. starting at block 128,000 20 coins per block until block 256,000. i posted the exact calculations back on page 4 or 5 of this thread, but around 5 million coins will be produced in this time period. this period will be followed by a 144,000 block period at 25 coins per block, leaving just over 12 million coins in production at the first block halving, where the reward will drop to 12.5 coins per block. overtime, the value, steady production, and features will make this coin a winner. ask bcx he threw 3 th/s at it and couldn't even budge the block targets. like bitcoin, the stringent difficulty rules can sometimes lead to longer block times and a stranding effect, but in an electronic environment, OpenSourcecoin is proof that fast block times don't always mean less security, and give Sunny King credit for his thoughtfulness in designing Peercoin, which OSC is ultimately derived from.
newbie
Activity: 20
Merit: 0
November 29, 2013, 05:20:16 PM
xisi / y5mdnXt3zSdm6Fa2tDuk9WDNHLjgVAqSe

Really love the site design, minimalist, clean and very responsive.
member
Activity: 83
Merit: 10
November 29, 2013, 02:58:52 PM
yay coinbit.pw !

drduck xAQFioxLaS78TdCAm5eukSR42hesazHy

thank you!
newbie
Activity: 21
Merit: 0
November 29, 2013, 02:30:17 PM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.
waveydave 23ZxSUM53tAwk9s3RMWHe3QadJDWAeHuZ7
hero member
Activity: 535
Merit: 500
November 29, 2013, 12:01:03 PM
how many OSC have been minted so far?
member
Activity: 66
Merit: 10
November 29, 2013, 11:43:05 AM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.

myconta / 26QEaD3VjjUFb7zZHv426Lc5UbfqqjWaAT
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
November 29, 2013, 11:18:06 AM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.

Here to support..  OSCcapitalgroup : 29GctWMXR3U2EpVurTRWfoEovQotxjPbx8

Thank you very much & i appreciate you r3wt
legendary
Activity: 2128
Merit: 1002
November 29, 2013, 01:34:05 AM
Noticed the volume on coinex and hash rate going up as well congrats!

Subreddit r/opensourcecoin

My friend from Pakistan told me about opensourcecoin today....will start mining tonight...
newbie
Activity: 13
Merit: 0
November 27, 2013, 11:30:15 PM
Noticed the volume on coinex and hash rate going up as well congrats!

Subreddit r/opensourcecoin
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 25, 2013, 07:49:12 AM
zelles has just completed an api function for Coinbit! woot! users will have the option of withdrawing OSC directly to/from openex. paying all the coinbit users now.
full member
Activity: 156
Merit: 100
1EDsaw9rmMPZ5nMgUe9t2P8tE8Put2VR4a
November 23, 2013, 07:20:21 AM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.

jubjub / 24wNb83uN2VSHZCUBdMVv8kVDzq2VjUc9S
Thanks.
sr. member
Activity: 258
Merit: 250
Breizh Atao
November 23, 2013, 05:57:25 AM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.

Markov 24Rvspa41piFnZcyDSLv9mt6cRTXCHwhvV
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 23, 2013, 04:20:56 AM
joesmoe / 21Z38fu3m8JZ75u1c5zQCbUisq6Hcu94r6




sent. thanks for trying coinbit.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
November 23, 2013, 04:01:48 AM
joesmoe / 21Z38fu3m8JZ75u1c5zQCbUisq6Hcu94r6


hero member
Activity: 686
Merit: 504
always the student, never the master.
November 23, 2013, 03:18:09 AM
OSC online wallet now live @ http://coinbit.pw

first 10 to post their account name and address get 100 osc apiece.
hero member
Activity: 725
Merit: 500
November 21, 2013, 04:57:41 PM
OSC - Open Source Coin added to the iSpace Mining Pools - http://osc.ispace.co.uk
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 20, 2013, 10:03:44 PM
New screenshots of OSC online wallet service, coinbit.pw

its almost ready to go peoples!

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