OXUS (OP)
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April 30, 2016, 06:35:07 AM Last edit: May 10, 2016, 08:12:12 PM by OXUS |
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There have been several attempts since bitcoin began without significant change, recently we started working on OXUS believing we can make a difference. OXUS's Main purpose is to provide much stronger privacy for both the senders and receivers of a transaction fast and easy and becoming the leading currency in its field. OXUS is focusing to utilize the power of blockchain to create the most efficient method for an Anonymous currency. OXUS use Zorkel-265 as POW Requiring 4 GB RAM as minimum.
Implementing of POS is not done yet and we would like your opinion on it as (14%) .
What to Expect :-
-OXUS site / forum -First 6 weeks of POW will be using in-wallet miner that simulate max 1 of the Cpu cores ( like XVC at beginning ) for simple and more friendly mining experience to bring more people in and a max of 2 computers per IP. -Gui interface within the first 2 months. -OXUS’s own Side chain Crypto currency. -Merge mining enabled with side chain. -OXUS slack group / Telegram -Windows build wallet / Gui -Whitepaper
CPU Finger Print : Oxus will use CPU fingerprint as a username for a miner on the blockchain with Zorkel that will make it more harder to open multiple instances of a miner on same CPU .
Example:-
(7erat1x3g) CPU fingerprint (wallet address) ( IP ) (RvrztJxLT) CPU fingerprint (wallet address) ( IP )
<project stopped>
I have been discussing project with the another 2 team members working with me on OXUS since sometime, and there seem to be more obstacles ahead, Oxus started as a project focusing mainly on doing anonymous transaction in a new way and an easy end user platform that is easy to use by non-experienced people .
As of this point i'm afraid that Project maybe canceled duo to lack of funds, and honestly speaking here i don't want to see my project suffocate and die as most currencies also i'm aware of the Altcoins-trading environment the moment i say there will be initial fund raise Oxus will be called ponzi non-stop and that's not what i'm trying to accomplish, the original plan was including 6% of each POW block reward goes to us, i have been contacting design services web developers to know the total cost of what is ahead.
as a result i highly doubt Oxus will start anywhere soon and there might be a chance we try sell the code on readit or another places for another investor/coder that could take care of it, i would like you guys to share with me what your opinions on the current situation.
sorry for my bad English grammar .
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Satochi is dead
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gambino
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April 30, 2016, 06:52:27 AM |
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When the launch is expected? After day, week, month? What is "Zorkel-265" and where can we see more about it?
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BigBoom3599
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April 30, 2016, 07:34:51 AM |
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Looks really interesting, I like the algo with fair distribution
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samspaces
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Activity: 1453
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April 30, 2016, 07:45:52 AM |
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Implementing of POS is not done yet and we would like your opinion on it as (14%) .
Depends on the total number of coins. More info to be added stay tuned .
Will do.
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Nthused
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Activity: 1554
Merit: 1001
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April 30, 2016, 09:02:11 AM |
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Looks ok for now only because of the new CPU Algorithm, per IP doesn't work as people can set up many VPS/Dedicated servers
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rajeshgarnaik
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April 30, 2016, 09:24:41 AM |
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Looking. when is the launch.
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Quartx
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April 30, 2016, 09:28:31 AM |
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Im pretty sure your limits of 1 core and 2 max computers per ip would be reverse engineered within an hour of wallet being posted if interest is as large as I guess it would be
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tbearhere
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Activity: 3164
Merit: 1003
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April 30, 2016, 10:05:25 AM |
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max of 2 computers per IP .... won't work. But watching.
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SockPuppetAccount
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April 30, 2016, 10:38:58 AM |
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-First 6 weeks of POW will be using in-wallet miner that simulate max 1 of the Cpu cores ( like XVC at beginning ) for simple and more friendly mining experience to bring more people in and a max of 2 computers per IP.
No. How do we know you won't be using an unlocked version of the miner while we are all using the gimped version? Plus, the more savvy users among us will have no problem getting around the IP address restrictions and will compile their own version of the miner to allow unlimited cores. My guess is that both of the these things will happen so I predict the coin's entire life-cycle will look like this : Coin launches, you rake in 90% of them for the first 12 hours, savvy miners fire up their own versions of the miner and unleash their botnets and VPS machines upon the coin, difficulty goes sky high, the coins stop flooding into your wallet so you say fuck it and walk, coin abandoned and dead without even a yobit listing. Save us the trouble and don't bother.
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Quartx
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April 30, 2016, 10:54:16 AM |
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-First 6 weeks of POW will be using in-wallet miner that simulate max 1 of the Cpu cores ( like XVC at beginning ) for simple and more friendly mining experience to bring more people in and a max of 2 computers per IP.
No. How do we know you won't be using an unlocked version of the miner while we are all using the gimped version? Plus, the more savvy users among us will have no problem getting around the IP address restrictions and will compile their own version of the miner to allow unlimited cores. My guess is that both of the these things will happen so I predict the coin's entire life-cycle will look like this : Coin launches, you rake in 90% of them for the first 12 hours, savvy miners fire up their own versions of the miner and unleash their botnets and VPS machines upon the coin, difficulty goes sky high, the coins stop flooding into your wallet so you say fuck it and walk, coin abandoned and dead without even a yobit listing. Save us the trouble and don't bother. Nah im pretty sure the wallet would be announced with the Yobit listing for $$$ for the dev you know
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notsofast
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@notsofast
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April 30, 2016, 11:35:55 AM |
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I agree with the above. Botnets, VPSnets and tweaked miners will destroy the intended fair distribution of this coin. Unless you plan on releasing a LOT more information on how you've already solved that problem with this new PoW algo, this is DOA.
For a grand claim of improving on Bitcoin, your hasty language and lack of info is unimpressive to the extreme.
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twitter.com/notsofast
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Anoona
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April 30, 2016, 12:29:39 PM |
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OXUS use Zorkel-265 as POW Requiring 4 GB RAM as minimum. Zorkel-265? Never heard of that algo, watching this
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nagatraju
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April 30, 2016, 12:43:01 PM |
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Very interesting project and watching it. When will be the launching date? Is wallet have inbuilt miner?
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lin0sspice
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May 02, 2016, 04:02:32 AM |
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Sound like old school software register with HDD ID or serial # CPU ID is new, will watch it close.
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healtheworld
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May 02, 2016, 04:20:27 AM |
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sounds very interesting, i will watch it , when will launch?
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rajeshgarnaik
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May 02, 2016, 04:53:24 AM |
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Zorkel-265 never heard this algo, when is the launch. i hope that you can declare.
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OXUS (OP)
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May 02, 2016, 05:52:03 AM |
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Zorkel-265 never heard this algo, when is the launch. i hope that you can declare.
launch could come up within 2-3 weeks, more info on coin numbers block size and timing to be added today .
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Satochi is dead
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Quartx
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May 02, 2016, 06:46:08 AM |
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Can you explain the so called Zorkel 265 algo? If you simply made it up, there is no point launching the coin. There is no hashing related algo called Zorkel 265. for that matter, it will always be 256 bits, why is yours so unique 265?
CPU Fingerprint? You mean CPU SERIAL ID? That can be faked too.
Do you have a white paper? If no, I pretty much call bullshit on this
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davide72
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May 02, 2016, 08:37:35 AM |
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sound interesting any future bounty dev? thanks
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OXUS (OP)
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May 03, 2016, 12:56:06 AM |
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Zorkel is a modified X5 (Qubit) and the name is entirely up to us , yes there will be bounties and signature giveaway .
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Satochi is dead
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