Ozziecoin - Australia's first widely distributed digital coin
Equitable distribution | Simplified online accounts | Send ozziecoins via email | Introducing the Blockchain to Australians
Website: ozziecoin.comLaunch date: ANZAC Day 12:00 EST
25 April 2014 - postponed to 8 PM EST 27 April 2014. Claims are now open:
ClaimsIntroduction:Bitcoin and altcoins are becoming more complex due to technological improvements. We've taken the deliberate step of making ozziecoins more accessible to the general public by introducing key features such as: equitable widespread distribution, simple online ozziecoin accounts, a mobile web app and sending ozziecoins via email. We believe it's critical that more Australians use Blockchain technology and realise the technology's potential to decentralise almost anything.
We've built an ozziecoin distribution zone to distribute ozziecoins widely and in an equitable manner. Registration on the site will be available at launch.
For those interested in the technical side of the protocol, the usual tools and functions remain available. Ozziecoin has been developed with important important safeguards in place including ASIC resistance, a cool hashing algorithm, time warp limitation, fast block difficulty retargeting and automatic checkpointing.
Ozziecoins are for micro transactions and research. We leave the investment side to the more well established currencies such as bitcoin and Australian dollars. Our primary objective is to get Blockchain technology out into the wider Australian community. We would prefer if people did not speculate on ozziecoins.
We had a lot of help from Hiro, the developer of Hirocoin. He is a genius with the protocol. We also would like to mention the developers of darkcoin and auroracoin because we've learnt many lessons from their experiences (though we have not had direct contact with them). And of course we need to thank Satoshi Nakamoto for inventing the Blockchain, a truly remarkable piece of technology.
Key features:- Very widespread distribution to Australian residents: 500 ozziecoins per person
- Valid Australian mobile required per claim
- Nominal registration fee per claim
- Intended for micro-transactions and research
- Objective: to introduce blockchain technology to the wider Australian public
- Simplified ozziecoin online accounts via the ozziecoin panel
- Send ozziecoins to email addresses!
- Send ozziecoins to facebook friends!
- Basic Android web app for mobile phones
- iPhones, we'll provide a link soon.
- Structured distribution to manage volatility
Specifications: - Coin symbol: OZC
- X11 hashing algorithm (lower power consumption and cooler GPUs)
- Block time: 2.5 minutes
- 625 ozziecoins per block
- 23 Billion ozziecoins over 88 years
- 11.5 Billion ozziecoins pre-allocated for distribution to Australian residents
- Notional maximum of 1,000 ozziecoins per Australian resident
- Addresses of pre-allocated ozziecoins to be published
- Total claims to be independently verified
- Min transaction fee: 0.0001 OZC
- Difficulty retarget: DGW2
- Automatic checkpointing
- Client port: 39042, RPC port: 39052
Downloads: Forums:http://ozziecoin.com/?post_type=forumArticles:http://bitscan.com/articles/exclusive-the-new-digital-coin-sent-via-emailPools:http://ozziecoin.com/?topic=mining-poolsExplorer:http://explorer.ozziecoin.com/chain/OzziecoinPre-allocated coin addressesoV5ctFnNZw8JZc6Xw8MSPVAbY8j4sghJR1
oJuEvpBVnweWSRoHeRMzy1S8conadX6iUH
oZF28qd4LpZtfQhDwyN6NzmahrKQfZ8P7W
oaH4nKihobaBRFwnxLaJMBVv3T2QfmfegN
ofeoUq1zJ9y3yLC7ouSEGiLTEfXqmiqctN
oPo45cBNivyRyxurRDntKzrS1srSWyD8M1
Exchanges:https://yobit.net/en/trade/OZC/BTChttps://www.cryptopia.co.nz/Exchangehttp://coinmarketcap.com/currencies/ozziecoin/Note: Non helpful comments will be deleted so users don't have to read through pages of trolling. Useful inputs even if negative will be preserved. This is a thread for people who want to see Ozziecoin and Blockchain technology become widespread in the Australian community.
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I signed on to Yobit to buy this coin, I forgot how absurd an altcoin trollbox is
But got me looking over some random odd small alts to buy up nice and low and wait a few months.
A few things stuck out to me about OZC (which knowing it's been taken over is one of the more positive coins on there)
But
23 billion coins is waayyy to many...
And 11 billion
premined to be given out in 1k lots to Aussies
of which the uptake might be 50-100 people ?!?
What happened with rest of coins? will the parameters be changed if the Algo is? maybe a big coin burn to take it back to say 24 million? as in 1 for every Aussie?
Be interested to hear what your intention is for the coin, could be an uphill battle to break it above a single satoshi digit coin.
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