[ANN][OC] ONECOIN | NO PREMINE | FAIR LAUNCH | SHA256 TRIPLE

[Vultron]

Onecoin

Launch 1st of March 2017. LAUNCHED Unix time: 1488326400

This is a cryptocurrency (social) experiment with a brave controversial name inspired by the miracle of open source cryptocurrencies, annoying ponzi scammers, a big dose of curiosity about what will happen next and a wish to just confuse people a bit.

There is NO bussines plan, no roadmap, no hidden plan.

The developer will only be involved in providing the initial source code for a working coin (and compiling the windows wallet), everything else is left to the community: updating the code, developing other services like mining pools, faucets, translations, setting up slack (or similar chanels), getting the coin on an exchange, advertising, leaving the coin to die...etc

Specs:

- Name: OneCoin Ticker: OC
- Fork of latest Blackcoin (added miner (setgenerate), removed alert function, cleaned up the forks, other details below)
- Block time: 10 minutes (effectively 5 minutes, since pow and pos blocks are targeted at 10min)
- PoW mining algorithm: SHA256T (Triple Sha256, yes triple, not double)
- Maturity: 250 blocks
- Max coins: 21 - 42 milion (approximate, see below for explanation)
- Addresses start with 1
- P2P Port: 8881 RPC Port: 8882
- Check other details in the source code

Reward scheme:

Proof of Work:
- NO PREMINE
- 0 REWARD until height 500 (approx 3 days, to avoid lowdiff instamine and to allow everyone to get ready)
- After block 499, reward is 50 COINS.
- Halving every 4-8 years (every 420480 blocks, see below for explantion why it is not exact when the halving happens)

Proof of Stake:
- NO REWARD, ONLY TRANSACTION FEES
- A Stake will occur ONLY IF there is a transaction in the mempool that is paying the fee

Because of unique reward structure - "no reward pos blocks", the total amount is not exact:
Case A: Nobody makes a single transaction in the entire liftime of the network, meaning all the blocks were PoW, creating rewards along the way, making the total supply 42 milion.
Case B: There is always a transaction in the mempool, keeping the average block time at 5 minutes, blocks are distributed 50:50 between PoW:PoS, totaling the supply at around 21 milion.
Case C: Things balance somewhere in between, the total supply is still predictable in the medium term <<<--- Most likely scenario

The idea behind the reward structure:
- PoW miners get payed by the network for spending energy and securing the network
- PoS miners (stakers) get payed by people using the network (paying transactions fees) in the begining that is practically zero, but the expenses of running a full node while the network is young is also close to zero (incentive to run a full node grows as the network grows or more accurately, when transaction volume grows)
- Long term competition develops in the fee market between the miners and stakers, pushing the price of fees downwards for the users.

That is all in theory, it is all an experiment. We will see how it goes, if it even starts it started

Source: https://github.com/theone-and-not-only-coin/onecoin
Win wallet: https://github.com/theone-and-not-only-coin/onecoin/releases/tag/v1.0_newlogo

Paper wallet: Use the same as bitcoin, same address, same prikey import format.

My suggestions to the community for the first steps:
- Try out testnet while waiting the offical launch. P2P port: 18881 RPC port: 18882 (On testnet the reward kicks in at block 20, halving every 1000 blocks, maturity 10 blocks) -- network is live
- Start telling each other some IP addresses for bootstraping (To add in onecoin.conf, e.g. addnode=x.x.x.x)

Code:

addnode=103.240.126.40
addnode=109.241.110.205
addnode=110.55.67.96
addnode=113.61.250.27
addnode=130.83.137.28
addnode=136.243.50.159
addnode=149.202.78.181
addnode=162.254.5.190
addnode=172.106.75.17
addnode=174.100.183.67
addnode=174.88.94.62
addnode=176.50.140.91
addnode=176.79.119.88
addnode=178.150.3.240
addnode=178.234.21.218
addnode=178.39.79.114
addnode=180.150.226.50
addnode=185.52.142.245
addnode=193.164.140.162
addnode=193.83.12.118
addnode=194.96.162.189
addnode=195.114.243.47
addnode=209.177.86.34
addnode=220.245.124.169
addnode=24.246.84.132
addnode=37.218.160.171
addnode=37.6.43.199
addnode=5.137.199.152
addnode=58.243.226.71
addnode=62.141.153.198
addnode=62.182.202.249
addnode=75.135.250.212
addnode=76.68.249.232
addnode=77.111.163.71
addnode=77.250.7.129
addnode=78.141.104.67
addnode=78.205.33.15
addnode=78.46.192.126
addnode=78.94.32.194
addnode=82.160.16.10
addnode=89.142.75.86
addnode=92.81.74.69
addnode=93.103.159.8
addnode=93.103.41.29
addnode=94.23.102.99
addnode=95.53.247.188

- Someone should probably fork the code and add some seednodes and recompile the wallets (line 88-91, chainparams.cpp, currently commented out)
- Change the logo, I did not put much effort into it
Logo updated, tnx to user @osmiumcoin
- Have fun and enjoy your own fair, not premined to hell, no founder reward, open source, ICO free, clean, (no)shit coin cryptocurrency

EXCHANGE
#1

Added to Tradesatoshi

https://www.tradesatoshi.com/Exchange/?market=OC_BTC  

#2

OC/BTC market added to CoinExchange.io:

https://www.coinexchange.io/market/OC/BTC

Peer explorer:

https://www.coinexchange.io/network/peers/OC

BLOCK EXPLORER

#1

Blockexplorer: http://onecoin.acc-pool.pw/

#2

With compliments from @fairglu a CryptoID blockexplorer.
First 2 months are on the house and a 10% off on the regular $10 in BTC per month price.

https://chainz.cryptoid.info/oc/

Hosting can be extended by a donation to
BTC 1F4VXcWtiQmm8BVhruLrhdbXSEAM6FA2FY

Hosting rate for this blockhain is currently $8.9 per month

(Community spirit) 1 : 0 (Greed)

POOL

#1

Pool:

https://oc.suprnova.cc

#2

please add to op:

https://pool.mn/oc

MINER

CPU

cpuminer-opt v 3.5.12 is released with support for sha256t, 29% faster than ocminer version.
Source code and Windows binaries available, link below.

https://bitcointalk.org/index.php?topic=1326803.0

GPU

AMD

GPU Miner is here:
https://github.com/bitbandi/sgminer-oc

I've added Port 8588 for GPU mining (higher diff)

Funded by ocminer, developed by elbandi:

Crownfounding opencl (amd) cpu miner

Here is my deal: a soon as there are 0.25 btc sent to this address, i start to make a public opensource gpu miner:
13dw6aBybHmAHFsy1ndUwWembGNzzPSE9s

(all the same, if only someone send the above value, or more ppl)

So, the communinty has the choice if they want now a gpu miner, or wait for someone else makes it later.

Okay, sent.

Please use phatk kernel so I can see what I missed.

Thanks

NVIDIA

Nicehash cosed source
https://bitcointalk.org/index.php?topic=1777827.msg18092240#msg18092240

Open source ccminer
https://github.com/tpruvot/ccminer

SLACK

https://opensourceonecoin.slack.com/shared_invite/MTUxMjg4Mjk5NTM4LTE0ODg5NjIxODQtOWMzNTJhMjJlYg

TWITTER

@OneCoin11

https://twitter.com/OneCoin11

Donations to Kim (bitcoin/onecoin): 1FpegEt3ax7wkYzGB5GVSpKixb4VHWSJ4X

Just want to remind everyone what this thread is really about!

[bendani]

it just even worse, now people can use the fake onecoin wallet to sell the fake onecoin claiming its onecoin.eu and when real onecoin.eu comes out they will realize they lost all their money

why have it the same name is good thing ? its the worst...

why do the developers of this onecoin want to bring confusion into world of crypto ?

wow....just wow....

i can't believe someone is that much of an idiot to be defending this ridiculous scam.

 

I'm saying why are they copying the name of real OneCoin if it's not a scam....
this coin should change their name to other name and not copy from onecoin.eu if they are real

.
You didn't understand what this coin is all about. Read the op again

[Looarn]

Like every corporation or a bank, if you don't follow terms you can't use the services anymore

This is exactly what is annoying me.

Cryptocurrency provide a way to give the power to the users. Meaning all peers are equals.
And now you have a corporation taking all the power and making the users not peers, but sheeps.

My point is not to tell you if it's a scam or not, I don't care about that.
My point is to point-out the fact that you have no power, expect the one of following. If tomorrow OneCoin.eu decide that There is a crash one OneCoin value, then what ?
And it's very easy for them to do it as you have no other choice expect trust them, no checking tools (independant I mean).

[ocminer]

it just even worse, now people can use the fake onecoin wallet to sell the fake onecoin claiming its onecoin.eu and when real onecoin.eu comes out they will realize they lost all their money

why have it the same name is good thing ? its the worst...

why do the developers of this onecoin want to bring confusion into world of crypto ?

wow....just wow....

i can't believe someone is that much of an idiot to be defending this ridiculous scam.

 

I'm saying why are they copying the name of real OneCoin if it's not a scam....
this coin should change their name to other name and not copy from onecoin.eu if they are real

.
You didn't understand what this coin is all about. Read the op again

The answer is in the OP

[krile]

It's really short-sighted to have this coin named onecoin.

don't you think that people will search for the scammy one and come across this thread?

This will induce confusion and there are idiots out there who will associate all cryptos with this ridiculous scam.

am surprised to see so many respected bitcointalk members encouraging this.

Without the name it would not gain so much attention

But it could be renamed down the road, maybe OpenCoin?

[bendani]

Like every corporation or a bank, if you don't follow terms you can't use the services anymore

This is exactly what is annoying me.

Cryptocurrency provide a way to give the power to the users. Meaning all peers are equals.
And now you have a corporation taking all the power and making the users not peers, but sheeps.

My point is not to tell you if it's a scam or not, I don't care about that.
My point is to point-out the fact that you have no power, expect the one of following. If tomorrow OneCoin.eu decide that There is a crash one OneCoin value, then what ?
And it's very easy for them to do it as you have no other choice expect trust them, no checking tools (independant I mean).

if you understand whats going there you will know it will not an option, but im tired of explaining , going to have fun , enjoy my life and waste my time on unbelievers

[krile]

Like every corporation or a bank, if you don't follow terms you can't use the services anymore

This is exactly what is annoying me.

Cryptocurrency provide a way to give the power to the users. Meaning all peers are equals.
And now you have a corporation taking all the power and making the users not peers, but sheeps.

My point is not to tell you if it's a scam or not, I don't care about that.
My point is to point-out the fact that you have no power, expect the one of following. If tomorrow OneCoin.eu decide that There is a crash one OneCoin value, then what ?
And it's very easy for them to do it as you have no other choice expect trust them, no checking tools (independant I mean).

if you understand whats going there you will know it will not an option, but im tired of explaining , going to have fun , enjoy my life and waste my time on unbelievers

Unbelievers lol, like we are some cult here

@bendani Check this, very educational, what happens to "believers": https://www.youtube.com/watch?v=CsGYh8AacgY

[bendani]

thank you for the funny movie its awesome I liked it

Like every corporation or a bank, if you don't follow terms you can't use the services anymore

This is exactly what is annoying me.

Cryptocurrency provide a way to give the power to the users. Meaning all peers are equals.
And now you have a corporation taking all the power and making the users not peers, but sheeps.

My point is not to tell you if it's a scam or not, I don't care about that.
My point is to point-out the fact that you have no power, expect the one of following. If tomorrow OneCoin.eu decide that There is a crash one OneCoin value, then what ?
And it's very easy for them to do it as you have no other choice expect trust them, no checking tools (independant I mean).

if you understand whats going there you will know it will not an option, but im tired of explaining , going to have fun , enjoy my life and waste my time on unbelievers

Unbelievers lol, like we are some cult here

@bendani Check this, very educational, what happens to "believers": https://www.youtube.com/watch?v=CsGYh8AacgY

[staysecure]

He's seriously tryna shill us onecoin, Right now, guys, Im laughing so fuckin hard this morning thanks for that, bendani.

Hey I'm not trying to sell anything, I tell you my views, if you are not accepting them this is cool by me.
but to bash me without going into details and have serious discussion on why you think the REAL OneCoin.Eu is not good ?


Thanks,

Yes yes not trying to sell nothing. Yes yes .....

[staysecure]

Yes yes private blockchain from Shutterstock yes yes indeeed yes yes.

"Dr Ruja 'NEW BLOCKCHAIN LAUNCH' #OneCoin"

https://youtu.be/m7_yWFjGvg8

I guess blockchain costs 59€ these days if you want your chain in HD. If you settle for standard resolution (SD)  its only 39€.

https://www.shutterstock.com/fi/video/clip-1089709-stock-footage-computer-program.html?src=search/5ZPKdzQrAiS-XDfNB9KsAA:1:90/3p 

[sugarbaby]

The price is falling    ... let's hope it rises soon and increase the volume

No worries. "Price discovering".. .  
Also not enough coins yet. Give it time  


People dont trust yet on https://www.coinexchange.io/market/OC/BTC, but till now, i must say no worries, no issues. Withdrawals are super fast, support is friendly and very fast. Each day earns more users, wich is nice for trust and some volume

[staysecure]

Onecoin





Launch 1st of March 2017. LAUNCHED Unix time: 1488326400

This is a cryptocurrency (social) experiment with a brave controversial name inspired by the miracle of open source cryptocurrencies, annoying ponzi scammers, a big dose of curiosity about what will happen next and a wish to just confuse people a bit.

There is NO bussines plan, no roadmap, no hidden plan.

The developer will only be involved in providing the initial source code for a working coin (and compiling the windows wallet), everything else is left to the community: updating the code, developing other services like mining pools, faucets, translations, setting up slack (or similar chanels), getting the coin on an exchange, advertising, leaving the coin to die...etc

Specs:

- Name: OneCoin Ticker: OC
- Fork of latest Blackcoin (added miner (setgenerate), removed alert function, cleaned up the forks, other details below)
- Block time: 10 minutes (effectively 5 minutes, since pow and pos blocks are targeted at 10min)
- PoW mining algorithm: SHA256T (Triple Sha256, yes triple, not double)
- Maturity: 250 blocks
- Max coins: 21 - 42 milion (approximate, see below for explanation)
- Addresses start with 1
- P2P Port: 8881 RPC Port: 8882
- Check other details in the source code

Reward scheme:

Proof of Work:
- NO PREMINE
- 0 REWARD until height 500 (approx 3 days, to avoid lowdiff instamine and to allow everyone to get ready)
- After block 499, reward is 50 COINS.
- Halving every 4-8 years (every 420480 blocks, see below for explantion why it is not exact when the halving happens)

Proof of Stake:
- NO REWARD, ONLY TRANSACTION FEES
- A Stake will occur ONLY IF there is a transaction in the mempool that is paying the fee

Because of unique reward structure - "no reward pos blocks", the total amount is not exact:
Case A: Nobody makes a single transaction in the entire liftime of the network, meaning all the blocks were PoW, creating rewards along the way, making the total supply 42 milion.
Case B: There is always a transaction in the mempool, keeping the average block time at 5 minutes, blocks are distributed 50:50 between PoW:PoS, totaling the supply at around 21 milion.
Case C: Things balance somewhere in between, the total supply is still predictable in the medium term <<<--- Most likely scenario

The idea behind the reward structure:
- PoW miners get payed by the network for spending energy and securing the network
- PoS miners (stakers) get payed by people using the network (paying transactions fees) in the begining that is practically zero, but the expenses of running a full node while the network is young is also close to zero (incentive to run a full node grows as the network grows or more accurately, when transaction volume grows)
- Long term competition develops in the fee market between the miners and stakers, pushing the price of fees downwards for the users.

That is all in theory, it is all an experiment. We will see how it goes, if it even starts it started

Source: https://github.com/theone-and-not-only-coin/onecoin
Win wallet: https://github.com/theone-and-not-only-coin/onecoin/releases/tag/v1.0_newlogo

Paper wallet: Use the same as bitcoin, same address, same prikey import format.

My suggestions to the community for the first steps:
- Try out testnet while waiting the offical launch. P2P port: 18881 RPC port: 18882 (On testnet the reward kicks in at block 20, halving every 1000 blocks, maturity 10 blocks) -- network is live
- Start telling each other some IP addresses for bootstraping (To add in onecoin.conf, e.g. addnode=x.x.x.x)

Code:

addnode=103.240.126.40
addnode=109.241.110.205
addnode=110.55.67.96
addnode=113.61.250.27
addnode=130.83.137.28
addnode=136.243.50.159
addnode=149.202.78.181
addnode=162.254.5.190
addnode=172.106.75.17
addnode=174.100.183.67
addnode=174.88.94.62
addnode=176.50.140.91
addnode=176.79.119.88
addnode=178.150.3.240
addnode=178.234.21.218
addnode=178.39.79.114
addnode=180.150.226.50
addnode=185.52.142.245
addnode=193.164.140.162
addnode=193.83.12.118
addnode=194.96.162.189
addnode=195.114.243.47
addnode=209.177.86.34
addnode=220.245.124.169
addnode=24.246.84.132
addnode=37.218.160.171
addnode=37.6.43.199
addnode=5.137.199.152
addnode=58.243.226.71
addnode=62.141.153.198
addnode=62.182.202.249
addnode=75.135.250.212
addnode=76.68.249.232
addnode=77.111.163.71
addnode=77.250.7.129
addnode=78.141.104.67
addnode=78.205.33.15
addnode=78.46.192.126
addnode=78.94.32.194
addnode=82.160.16.10
addnode=89.142.75.86
addnode=92.81.74.69
addnode=93.103.159.8
addnode=93.103.41.29
addnode=94.23.102.99
addnode=95.53.247.188

- Someone should probably fork the code and add some seednodes and recompile the wallets (line 88-91, chainparams.cpp, currently commented out)
- Change the logo, I did not put much effort into it
Logo updated, tnx to user @osmiumcoin
- Have fun and enjoy your own fair, not premined to hell, no founder reward, open source, ICO free, clean, (no)shit coin cryptocurrency

EXCHANGE
#1

Added to Tradesatoshi

https://www.tradesatoshi.com/Exchange/?market=OC_BTC  

#2

OC/BTC market added to CoinExchange.io:

https://www.coinexchange.io/market/OC/BTC

Peer explorer:

https://www.coinexchange.io/network/peers/OC

BLOCK EXPLORER

#1

Blockexplorer: http://onecoin.acc-pool.pw/

#2

With compliments from @fairglu a CryptoID blockexplorer.
First 2 months are on the house and a 10% off on the regular $10 in BTC per month price.

https://chainz.cryptoid.info/oc/

Hosting can be extended by a donation to
BTC 1F4VXcWtiQmm8BVhruLrhdbXSEAM6FA2FY

Hosting rate for this blockhain is currently $8.9 per month

(Community spirit) 1 : 0 (Greed)

POOL

#1

Pool:

https://oc.suprnova.cc

#2

please add to op:

https://pool.mn/oc

MINER

CPU

cpuminer-opt v 3.5.12 is released with support for sha256t, 29% faster than ocminer version.
Source code and Windows binaries available, link below.

https://bitcointalk.org/index.php?topic=1326803.0

GPU

AMD

GPU Miner is here:
https://github.com/bitbandi/sgminer-oc

I've added Port 8588 for GPU mining (higher diff)

Funded by ocminer, developed by elbandi:

Crownfounding opencl (amd) cpu miner

Here is my deal: a soon as there are 0.25 btc sent to this address, i start to make a public opensource gpu miner:
13dw6aBybHmAHFsy1ndUwWembGNzzPSE9s

(all the same, if only someone send the above value, or more ppl)

So, the communinty has the choice if they want now a gpu miner, or wait for someone else makes it later.

Okay, sent.

Please use phatk kernel so I can see what I missed.

Thanks

NVIDIA

Nicehash cosed source
https://bitcointalk.org/index.php?topic=1777827.msg18092240#msg18092240

Open source ccminer
https://github.com/tpruvot/ccminer

SLACK

https://opensourceonecoin.slack.com/shared_invite/MTUxMjg4Mjk5NTM4LTE0ODg5NjIxODQtOWMzNTJhMjJlYg

TWITTER

@OneCoin11

https://twitter.com/OneCoin11

TELEGRAM

https://web.telegram.org/#/im?p=s1109268057_1911767768566602972

FACEBOOK

https://www.facebook.com/TheGenuineOneCoinCryptoCurrency/


Donations to Kim (bitcoin/onecoin): 1FpegEt3ax7wkYzGB5GVSpKixb4VHWSJ4X

[kalimen]

The price is falling    ... let's hope it rises soon and increase the volume

No worries. "Price discovering".. .  
Also not enough coins yet. Give it time  


People dont trust yet on https://www.coinexchange.io/market/OC/BTC, but till now, i must say no worries, no issues. Withdrawals are super fast, support is friendly and very fast. Each day earns more users, wich is nice for trust and some volume

I have lots of specs and I think it can work ,

[olib]

The price is falling    ... let's hope it rises soon and increase the volume

No worries. "Price discovering".. .  
Also not enough coins yet. Give it time  


People dont trust yet on https://www.coinexchange.io/market/OC/BTC, but till now, i must say no worries, no issues. Withdrawals are super fast, support is friendly and very fast. Each day earns more users, wich is nice for trust and some volume

I've also done a number of transactions, and I am very happy. I can recommend.

[AmdMining]

Interesting coin, will try to mine some 

[krile]

Woohooo got my first stake!

Staked with 50 OC, caught one transaction, 0.00001000 OC

Gotta catch them all! 

[HerMajor]

what is wrong?

sgminer.exe -k sha256t -o stratum+tcp://oc.suprnova.cc:8588 -u user.worker -p x -I 21 -w 64 -g 2
Invalid parameter to set_kernel

[olib]

Will Bittrex.com? Have you tried contacting them?

[Vultron]

what is wrong?

sgminer.exe -k sha256t -o stratum+tcp://oc.suprnova.cc:8588 -u user.worker -p x -I 21 -w 64 -g 2
Invalid parameter to set_kernel

Are you using the sgminer that was coded specifically for (oc) onecoin?
Because it sounds like your miner doesn't support sha256t.

[Joffer]

Woohooo got my first stake!

Staked with 50 OC, caught one transaction, 0.00001000 OC

Gotta catch them all!  

Ohh is that what happened in my wallet too? 0.00002000 OC