[ANN] [OCP] OC Protocol | NO PREMINE | NO ICO | SHA256 TRIPLE | HYBRID POW/POS

[staysecure]

I added it to my pool  

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

[staysecure]

@Fairglu was busy 

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

[staysecure]

CoinMarketCap request sent.

[hirokazu]

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]

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.

[lowkey9898]

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]

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

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.

[staysecure]

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.

[pallas]

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 :-)

[staysecure]

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

[kohonez]

Masternode for OC would be great, any thoughts?

[naskel]

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

[Galapagos]

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]

need to know more details about this coin

[pinball_wizard]

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

[hurr1cane]

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]

Coin added to pool:

http://hashpool.eu

[jbmustaq]

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]

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]

Hi,

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