[Pre-Ann] [oo] Shock Coin (O_O) Launching this week! [X11] POW + POS - page 5.

btcshiner

full member

Activity: 478

Merit: 125

Quote from: notsofast on January 27, 2015, 09:49:16 PM

Quote from: (O_O) on January 27, 2015, 09:38:29 PM

Quote from: notsofast on January 27, 2015, 09:21:47 PM

I guess if it's a coin for miners I can't help but be into it.

x11 that shit, make it short PoW with high block reward/low total supply, and keep a great featurelist tightly under wraps, to be revealed only in the final blocks of PoW.

I can understand X11 it's very available and efficient. But why short PoW?

Short PoW creates excitement around those late to the party. It does risk early miners dumping but if you can get a fun involvement engine going (like WTF or NOPE did) you can create enough post-PoW buy support to smooth out distribution from miners to those wanting to hold.

UTIL did this really well. (though it was also pumped by a group)

Don't make the pow to short. It doesn't have to be years and years but make it more than a week. Otherwise how could it truly be for miners?

(O_O)

newbie

Activity: 26

Merit: 0

How do people feel about a 120 second block timer?

Odd Thomas

sr. member

Activity: 272

Merit: 310

What about going with 120 second block interval instead and keeping the same block reward? You should not go with big POS inflation either.

(O_O)

newbie

Activity: 26

Merit: 0

Filled in some specs. I'd love your opinions.

Also added ocminer pool.

(O_O)

newbie

Activity: 26

Merit: 0

Quote from: lifeforcepools on January 27, 2015, 09:46:07 PM

lifeforce pools in

Added you. Thank you.

notsofast

legendary

Activity: 1517

Merit: 1042

@notsofast

Your coin is conducive to being secretive in a funny way.

Like, someone comes to thread all WAT IS BLOKC REWRAD

And you could tell them but instead just reply with

O_O

(O_O)

newbie

Activity: 26

Merit: 0

Quote from: notsofast on January 27, 2015, 09:49:16 PM

Short PoW creates excitement around those late to the party. It does risk early miners dumping but if you can get a fun involvement engine going (like WTF or NOPE did) you can create enough post-PoW buy support to smooth out distribution from miners to those wanting to hold.

UTIL did this really well. (though it was also pumped by a group)

Ok I understand. What sort of involvement activities do you suggest?

notsofast

legendary

Activity: 1517

Merit: 1042

@notsofast

Quote from: (O_O) on January 27, 2015, 09:38:29 PM

Quote from: notsofast on January 27, 2015, 09:21:47 PM

I guess if it's a coin for miners I can't help but be into it.

x11 that shit, make it short PoW with high block reward/low total supply, and keep a great featurelist tightly under wraps, to be revealed only in the final blocks of PoW.

I can understand X11 it's very available and efficient. But why short PoW?

Short PoW creates excitement around those late to the party. It does risk early miners dumping but if you can get a fun involvement engine going (like WTF or NOPE did) you can create enough post-PoW buy support to smooth out distribution from miners to those wanting to hold.

UTIL did this really well. (though it was also pumped by a group)

lifeforcepools

sr. member

Activity: 616

Merit: 253

lifeforce pools in

(O_O)

newbie

Activity: 26

Merit: 0

Quote from: notsofast on January 27, 2015, 09:21:47 PM

I guess if it's a coin for miners I can't help but be into it.

x11 that shit, make it short PoW with high block reward/low total supply, and keep a great featurelist tightly under wraps, to be revealed only in the final blocks of PoW.

I can understand X11 it's very available and efficient. But why short PoW?

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: (O_O) on January 27, 2015, 09:29:35 PM

Quote from: ocminer on January 27, 2015, 09:22:48 PM

at this time ? 0.o

Not right now, but soon. Do you have any input ocminer? I would appreciate it.

Oh i'm just waiting for the rest of the details, looking forward

(O_O)

newbie

Activity: 26

Merit: 0

Quote from: ocminer on January 27, 2015, 09:22:48 PM

at this time ? 0.o

Not right now, but soon. Do you have any input ocminer? I would appreciate it.

CowboyKiller

sr. member

Activity: 463

Merit: 250

I think you should make it something rental friendly. Coins that purposely avoid rentals never do well.

Odd Thomas

sr. member

Activity: 272

Merit: 310

You should pick another algorithm besides scrypt. Consider something that isn't easily rentable so the little guy gets a fair shake.

ocminer

legendary

Activity: 2688

Merit: 1240

at this time ? 0.o

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

errmegerd o_0

notsofast

legendary

Activity: 1517

Merit: 1042

@notsofast

I guess if it's a coin for miners I can't help but be into it.

x11 that shit, make it short PoW with high block reward/low total supply, and keep a great featurelist tightly under wraps, to be revealed only in the final blocks of PoW.

(O_O)

newbie

Activity: 26

Merit: 0

http://i.imgur.com/tG0prwp.png

http://i.imgur.com/nhIqLMT.png

http://i.imgur.com/GsNsGYF.png

Windows -
Linux -
Mac -
Source -

http://i.imgur.com/SKsigm8.png

https://oo.suprnova.cc
https://oo.coin-miners.info

Pool ops if you want to be added to the list please PM me or post on the thread.

http://i.imgur.com/bpjREfz.png

This is a work in progress. I want to make a coin for miners. There will be no empty blocks. There will be no insta-mine. There will be a 1% premine. I want you to post suggestions and critique. This thread will not be moderated or censored. I will adjust the specs and thread based on your input. When I am ready to launch I will post at least 24 hours in advance. There will be no surprises.

There will be a 1% premine to pay for the coin's creation, graphics, wallets, and nodes. I will also be accepting donations for service acquisition and bounties after the coin has successfully launched. This address will be made public and transparent. It will be added at the top of this post. Expenditures from it will be documented. It will be in this original post and in my signature after launch.

http://i.imgur.com/9Zj5EnD.png

Ticker: oo
Algorithm: X11
Total PoW coins: 3,600,000
Block spacing: 60 seconds
Block reward: 500
Total PoW blocks: 7200
PoS starts block: 6500
PoS rate: 5% yearly
Premine: 1% (72 blocks)

This is now pretty much set in stone. I am still open to last minute suggestions, but be very fast. It's going to source this week.

http://i.imgur.com/16eCnYq.png

These are not necessarily in any sort of chronological order. They are a merely a guideline of features and services I will actively work on or acquire for the coin. This is a miners coin. I welcome the communities input on further features and services that everyone would like to see implemented. The most popular choices will be added to the roadmap and actively worked on or acquired. Please post your thoughts and suggestions on what else you would like to see for the coin going forward. Your input is appreciated.

In wallet chat-
In wallet block explorer-
Marketing-
Exchange-
In wallet market data-
Nicknames (Alias)-
Gambling games-
Point of sale-
Stores-

http://i.imgur.com/zjdWhe2.png

Block Explorer - http://cryptobe.com/

http://i.imgur.com/sat0QmD.png

Coming soon.

http://i.imgur.com/KLziFf8.png

Coming soon.

Thank you for taking the time to read. I'd value your input if you have time to post below.[/b]

Topic: [Pre-Ann] [oo] Shock Coin (O_O) Launching this week! [X11] POW + POS - page 5. (Read 5582 times)