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Author Topic: [ANN] [OCP] OC Protocol | NO PREMINE | NO ICO | SHA256 TRIPLE | HYBRID POW/POS  (Read 4166 times)
staysecure
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October 26, 2017, 08:53:14 AM
 #21

I added it to my pool  Wink

It's based on YiiMP, no registration is needed :

Stratum  : pool.nosekefik.com:3339
User     : YOUR_ADDRESS
Password : c=OC

Website  : https://pool.nosekefik.com/
Payout   : Every 20min
Fee      : 1 %

Example:
Code:
ccminer -o stratum+tcp://pool.nosekefik.com:3339 -a sha256t -u 12afnKpQfH4SMC2hYMkvo4gtACDNX9NdP7 -p c=OC 

Happy Mining =)

Great

Added to OP and Gitpages

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1638004858
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staysecure
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October 26, 2017, 04:57:39 PM
 #22

@Fairglu was busy  Wink

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


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staysecure
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October 26, 2017, 05:15:14 PM
 #23

CoinMarketCap request sent.


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hirokazu
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October 26, 2017, 06:03:51 PM
 #24

CoinMarketCap request sent.


So you're just want to make Onecoin alive again and not forgotten. It would be nice if you put this new thread link in to coinexchange. If anyone in trouble they will come to this new thread.
staysecure
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October 26, 2017, 06:25:42 PM
 #25

CoinMarketCap request sent.


So you're just want to make Onecoin alive again and not forgotten. It would be nice if you put this new thread link in to coinexchange. If anyone in trouble they will come to this new thread.

This aint onecoin now. Its just OC.  If i have to associate it to something it will be @ocminer the owner of SuprNova pools.
Essentially its just keeping my promise https://bitcointalk.org/index.php?topic=1801129.msg19253235#msg19253235

It aint my coins, codebase was not chaanged, no consensus changes, only cosmetic work on logo and replacment of onecoin to oc.

So to say it again it aint my coin, it will be community driven or it will die. Regarding the exchanges, i was not the one that arranged listing on TradeSatoshi or CoinExchange so i really dont see a reson why is should be the one handling it all.  Anyone still mining or staking this can open a support ticket to these two exchanges and inform them of the nee thread and rebranding. @hirokazu  you can do that as well.

Cheers.

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lowkey9898
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October 26, 2017, 06:28:24 PM
 #26

By having 0 reward on POS , it will discourage people to hold the coin. Then it will be dumped in the market and the price will spiral downward.
staysecure
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October 26, 2017, 06:31:19 PM
 #27

By having 0 reward on POS , it will discourage people to hold the coin. Then it will be dumped in the market and the price will spiral downward.

From the original thread
Quote
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.

Since this type of PoS reward sheme i never saw before this coin cought my eye i guess it needs to pass the test of time first before we jump to conclusions.

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staysecure
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October 26, 2017, 06:34:15 PM
 #28

By having 0 reward on POS , it will discourage people to hold the coin. Then it will be dumped in the market and the price will spiral downward.

It will disscourage them to stake it. Hodl you can do on offline wallet or exchange.

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pallas
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October 26, 2017, 07:01:10 PM
 #29

By having 0 reward on POS , it will discourage people to hold the coin. Then it will be dumped in the market and the price will spiral downward.

So that applies to all pow coins, including bitcoin :-)

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October 27, 2017, 07:00:17 PM
 #30

This is how proof of stake rewards looks like in OC.

Block reward are the fees in the mem pool.



For example i took the PoS block that rewarded 0.00012 OC.

https://chainz.cryptoid.info/oc/tx.dws?85428332278f204fa1fe70302372813576eb8f4e8bc94af2c923863112e8dcc0.htm


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kohonez
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November 07, 2017, 03:20:09 AM
 #31

Masternode for OC would be great, any thoughts?

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November 24, 2017, 05:01:47 AM
 #32

N-Engine Multi Pool Server

OC is added to our pool!

http://pool.n-engine.com

- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)

Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.

No more fee, more coin for YOU!

Happy FREE mining !

Main Pool url : http://pool.n-engine.com

You can follow us @Twitter : https://twitter.com/NeCrypto

Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com



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░  .:: Free Pool @ http://pool.n-engine.com ::.  ░ << *FREE* AS FREE BEER
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Galapagos
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November 24, 2017, 09:26:32 AM
 #33

Hi, I'm trying to mine with an AMD gpu on windows. I'm not able to compile the sgminer miner, so the link offered in the ann post is not an option. I googled around but I couldn't find a compiled miner for the sha256t algo. Can somebody help?
b-synthestech
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November 27, 2017, 11:35:27 AM
 #34

need to know more details about this coin Roll Eyes Huh Huh Huh Huh
pinball_wizard
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November 29, 2017, 07:26:51 AM
 #35

Nice project, will give a look after to the state and eventually mine it...

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December 18, 2017, 01:14:10 AM
Last edit: October 21, 2020, 12:03:58 PM by hurr1cane
 #36

hi, some RUS SHIT, tried to login on to my account on exchange

Authorization failed from IP: 136.169.198.53
 If it was not You then just ignore this message and make sure your password strong enough and not compromised. We also strongly recommend to turn two-factor authorization on (2FA) if You haven't it by now.


you can trace the ip Geolocation  , with google 'where is ip'
adorid
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December 20, 2017, 01:38:17 PM
 #37

Coin added to pool:

http://hashpool.eu

jbmustaq
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January 11, 2018, 05:48:49 PM
 #38

Hi guys,

My wallet is not syncing. when I am adding the nodes I am getting error :-


09:47:11

Method not found (code -32601)
pallas
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January 11, 2018, 06:19:36 PM
 #39

Hi guys,

My wallet is not syncing. when I am adding the nodes I am getting error :-


09:47:11

Method not found (code -32601)


How do you add nodes? By cli?

jbmustaq
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January 11, 2018, 06:40:19 PM
 #40

Hi,

Yes but is it possible if you can let me know how to add node as It's not working for me.
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