[ANN][ONC] Onecoin - CPU only - Pools opened!

[Ghepetto]

wtb 100k 

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[lemfuture]

keep em coming

[sixteendigits]

Yeah was a very fair release with a very good dev.  However the decimal places proved to be an issue. 

The One Coin is a very nice concept though and most people would like a bit for their crypto portfolio.   I didn't know you  could still mine it.

I asked the dev why it need to have 18 decimal places, since 42 does not. However it seems 42 will need to have 18 in the future.

i could modify the code to fix that, remove tx fees. and make it rounder but who will support it?

The block reward is still 0.0000005 and won't halve for another 3 years, could survive just fine with no transaction fees for now.

And unless the network gets uber-fuckhuge, most miners shouldn't have an issue with accumulating at least 0.00000001 quickly enough to be able to transfer it to market.

Only issue I could see is past miners who happen to have an odd amount of onecoin not being happy with you rounding away the last 10 decimal places worth of their coins.  Seeing as this coin was never traded much and never hit an exchange, that has to be a relatively low amount of miners though.  I don't know coding, but perhaps can you modify the client so you can only send and receive coins with a precision of 8 decimal places for now, but be sure the scraps in the last 10 decimal places simply remain locked up until a later date when it is feasible to switch back to 18 decimal places?

[sameev29]

This coin is dead

[barwizi]

GPU mining doesn't seem to work, all my blocks end up rejected.  Anyone else tried it yet?  I left out -Nfmin -Nfmax and -StartT because I don't know what they stand for or how to find out and could never find an explanation!  Also, whilst googling for an answer, I found a post somewhere saying Onecoin uses different mix and hash functions than YAC and other scrypt-janes so possibly this is why it isn't working?  Assuming the standard scrypt-jane GPU miner needs to be tweaked specifically for Onecoin, as a dozen blocks all ending up as rejects in a hour doesn't seem right.

NFactor 11, kynda obvious GPU wont work.

Can still mine GPU mine YAC just fine with N factor 14, play around with settings enough and all scrypt-jane coins yet released are still GPU mineable.

Profitably mine @ Nfactor+ 10? nah hard to believe

[barwizi]

This coin is dead

lol the network says otherwise

[barwizi]

Yeah was a very fair release with a very good dev.  However the decimal places proved to be an issue. 

The One Coin is a very nice concept though and most people would like a bit for their crypto portfolio.   I didn't know you  could still mine it.

I asked the dev why it need to have 18 decimal places, since 42 does not. However it seems 42 will need to have 18 in the future.

i could modify the code to fix that, remove tx fees. and make it rounder but who will support it?

The block reward is still 0.0000005 and won't halve for another 3 years, could survive just fine with no transaction fees for now.

And unless the network gets uber-fuckhuge, most miners shouldn't have an issue with accumulating at least 0.00000001 quickly enough to be able to transfer it to market.

Only issue I could see is past miners who happen to have an odd amount of onecoin not being happy with you rounding away the last 10 decimal places worth of their coins.  Seeing as this coin was never traded much and never hit an exchange, that has to be a relatively low amount of miners though.  I don't know coding, but perhaps can you modify the client so you can only send and receive coins with a precision of 8 decimal places for now, but be sure the scraps in the last 10 decimal places simply remain locked up until a later date when it is feasible to switch back to 18 decimal places?

i'll think on it, but someone else will have to support, my plate is full.

[sixteendigits]

GPU mining doesn't seem to work, all my blocks end up rejected.  Anyone else tried it yet?  I left out -Nfmin -Nfmax and -StartT because I don't know what they stand for or how to find out and could never find an explanation!  Also, whilst googling for an answer, I found a post somewhere saying Onecoin uses different mix and hash functions than YAC and other scrypt-janes so possibly this is why it isn't working?  Assuming the standard scrypt-jane GPU miner needs to be tweaked specifically for Onecoin, as a dozen blocks all ending up as rejects in a hour doesn't seem right.

NFactor 11, kynda obvious GPU wont work.

Can still mine GPU mine YAC just fine with N factor 14, play around with settings enough and all scrypt-jane coins yet released are still GPU mineable.

Profitably mine @ Nfactor+ 10? nah hard to believe

Well it isn't so profitable now, but thats not because you can't GPU mine it, crank up the thread conncurrency and lookup gap and it'll work.  Trust me, scrypt-janes were my bread and butter for a long time while everyone was staring at coinchoose and coinwarz.  In any event, I suppose it doesn't matter much at the moment as my i5 is still finding blocks right now.

I'm gonna mine it for a bit and see what happens.  I always liked onecoin and was sad to see it go away, hope there is still life in the old girl yet!

[cryptohunter]

I think yeah round it down so it has the same decimal places as 42.

I seem to have lost my old wallet for this which is upsetting since i mined it for ages. However if it is brought back to life with less decimals for now so that it has a hope of exchage i would like to mine it again.  The one coin...the concept was never going to die. I have seen 2 new projects calling themselves onecoin  already. After 42 it was obviously going to kick off again.

[barwizi]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

[emfox]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

How could you make sure no bad man to spam the whole network, by mean of no fees?

[digitalindustry]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

add and EQ reward and call it 1+1 coin.

no but seriously add an EQ - it would make sense considering you are changing the decimal places -

[barwizi]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

How could you make sure no bad man to spam the whole network, by mean of no fees?

lol, he'd have to be incredibly stupid, by removing the decimals i have already assured that the limit is 0.00000001...so to spam people he'll be sending quite a chunk of his coin considering how rare they are.

[barwizi]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

add and EQ reward and call it 1+1 coin.

no but seriously add an EQ - it would make sense considering you are changing the decimal places -

send me a pm with more dats, if it's feasible i'll try it out, but if it's revolutionary, i'll put it into one of the 5th gen alts i'm working on.

[emfox]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

How could you make sure no bad man to spam the whole network, by mean of no fees?

lol, he'd have to be incredibly stupid, by removing the decimals i have already assured that the limit is 0.00000001...so to spam people he'll be sending quite a chunk of his coin considering how rare they are.

could he send coins between his own two addresses, back and forth for millions of times?

[barwizi]

ok, i'm doing it now. I'll also be removing the tx fee, the reward is low already, no need for fees.

How could you make sure no bad man to spam the whole network, by mean of no fees?

lol, he'd have to be incredibly stupid, by removing the decimals i have already assured that the limit is 0.00000001...so to spam people he'll be sending quite a chunk of his coin considering how rare they are.

could he send coins between his own two addresses, back and forth for millions of times?

he would still be limited by the rarity of this coin.

[cryptohunter]

We could do with a far nicer logo too, that one on the OP is okay but for the ONECOIN it should be more impressive. The OP is actually a pretty cool guy and would probably change it for us if any graphics person could create something a little more glam.

[barwizi]

https://github.com/Nameshar/onecoin


Changes made and pushed to my git. as for the graphics, i'm no good, but if you find good ones, i'll add them. Anyone that can build for windows, please do so. i'm done.

[pr9me]

I will see what I can come up with on the logo. Let's get someone back one this coin. Is there still a dev? A ONC revival would be epic.

[digitalindustry]

hmm that's fine I like what you proposed -