Topic: [OSC]OpenSourcecoin Mandatory Update 7/1/14 - page 41. (Read 153348 times)

2.2 million block premine? care to elaborate on your math? here, i've updated the OP with the block reward structure. that should help you calculate it 

Hmmmmm. I still like the idea of more SHA coins. Not sure I like the idea of the equivalent of 2.2 Million block premine, though...
Either way, might do a p2pool for this fella.

r3wt, why are you releasing so many coins? Do you really think you're doing any good or going to make any money this way?

can mine this with ASICs?

can you tell me the extract time to release it ?

Ladies and Gentlemen, this is my final coin release and as such will be my masterpiece.

What is Ocoin?

Ocoin stands for OpenSourceCoin, and as such the source will be provided in an open, free to copy format, free of copyrights and licensing.

What are the specifications of Ocoin

Ocoin is built on the core of Bitcoin 0.7, using the Sha256 algorithm as its Base

. Ocoin uses notable features from other coins, such as the ArtForz timetravel patch and the ppcoin getnetworkghps command. Despite the vairety of innovations available in various coins, Ocoin refrains from including bloating features such as txmessages, i2p, and proof of stake.

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 && nHeight < 400000) {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;
}