[OSC]OpenSourcecoin Mandatory Update 7/1/14

[r3wt]

Windows Installer
6/25/2014 Ocoin-2.0.1-clean windows release
https://drive.google.com/file/d/0B5V5vln-sS3EWEFseFhPVVR1elE/edit?usp=sharing

github:

https://github.com/bryceweiner/OSC

--testnet
https://github.com/bryceweiner/OSC/tree/testnet

Buy/Sell/Trade OSC
https://www.cryptsy.com/markets/view/144
https://comkort.com/market/trade/osc_btc

Official Forum
https://cryptocointalk.com/forum/413-ocoin-osc/

Block Explorer
https://andarazoroflove.org/explorer/opensourcecoin/block_crawler.php
There are currently no working block explorers

MINE OSC
http://osc.dsync.net/
https://coinex.pw/mining/pools/OSC
http://ctompo.dyndns.org:8083/Tompool
http://osc.ispace.co.uk
http://osc.crypto-expert.com/
http://www.xpool.ca/

Giveaways/Faucet
http://www.majesti.co/ocoinfaucet/
http://osc.hostpile.info
Bitcointalk giveaway thread https://bitcointalk.org/index.php?topic=291374.msg3119152#msg3119152
Cryptocointalk giveaway thread https://cryptocointalk.com/topic/1182-ocoin-giveaway/
Lotto Scratch Off**Coming Soon!

Rewawrd Structure

int64 GetProofOfWorkReward(int nHeight, int64 nFees, uint256 prevHash)
{

static const int64 nMinimumCoin = 0.0777 * COIN;

   int64 nSubsidy = 0.0777 * COIN;                                                                         //genesis

   if (nHeight > 0 && nHeight < 7) {nSubsidy = 0 * COIN;}                                                // zero
   else if (nHeight == 7) {nSubsidy = 177777 * COIN;}                                                   // Premine
   else if (nHeight > 7 && nHeight < 1000) {nSubsidy = (2.5 * COIN;}                                   // IRC Launch
   else if (nHeight > 1000 && nHeight < 1337) {nSubsidy = (0.0777 * COIN;}                            // low instamine official launch
   else if (nHeight == 1337) {nSubsidy = 1337 * COIN;}                                               //L33T
   else if (nHeight > 1337 && nHeight < 4000) {nSubsidy = 1 * COIN;}                                //final launch period
   else if (nHeight > 4000 && nHeight < 8000) {nSubsidy = 22.5 * COIN;}                           // 22.5 coin
   else if (nHeight > 8000 && nHeight < 16000) {nSubsidy = 15 * COIN;}                            // 15 coins per block
   else if (nHeight > 16000 && nHeight < 32000) {nSubsidy = 7.5 * COIN;}                         // 7.5 coins per block
   else if (nHeight > 32000 && nHeight < 64000) {nSubsidy = 6 * COIN;}                          // 6 coins per block
   else if (nHeight > 64000 && nHeight < 77777) {nSubsidy = 4 * COIN;}                         // 4 coins
   else if (nHeight == 77777) {nSubsidy = 10000 * COIN;}                                      // bonus reward
   else if (nHeight > 77777 && nHeight < 128000) {nSubsidy = 4 * COIN;}                      // 4 coins
   else if (nHeight > 128000 && nHeight < 256000) {nSubsidy = 20 * COIN;}                    // 20 coins
   else if (nHeight > 256000 && nHeight < 400000) {nSubsidy = 25 * COIN;}                 // 25 coins
        else if (nHeight > 2400000) {nSubsidy = 5 * COIN;}
   else {nSubsidy = 1 * COIN;}              

    // Subsidy is cut in half every 400 thousand blocks
    nSubsidy >>= (nHeight / 400000);
   
   // Minimum subsidy
    if (nSubsidy < nMinimumCoin)
    {
        nSubsidy = nMinimumCoin;
    }

    return nSubsidy + nFees;
}

Unclaimed Bounties-

First Merchant

2000

**Using Api with online wallet service http://coinbit.pw

Fix/Launch Testnet

2000

** appears to be something amiss with the testnet code. find and fix the bug for the bounty.

ADDITIONAL BOUNTIES TBA

Premine Ledger:
Premine: ~177,779 coins
block 0-6: .0777 coins
block 7: 177,777 coins
block 8: 2.5 coins(i accidentally mined an extra block)


paid out so far:
shakezula 16,777 coins (compiling, block explorer, support)
pr9me 7,777 (logo, splash screen)
pr9me 3,777 (first faucet http://www.majesti.co/ocoinfaucet/)
x3maniac 7,777 (first pool)
ahmed_bodi 5,777 (second pool)
zelles 11,539 (online wallet, web development, penetration testing.)

Remaining Balance
source credits: Bitcoin 0.7.3(Base Code), PPCOIN 8.2(Proof Of Stake), BountyCoin(GUI & Genesis Block/Merkle Root creation), Florincoin(Tx Messages), J-coin(Diff Retarget)

[1713595845]

1713595845

[1713595845]

1713595845

[twobits]

Ladies and Gentlemen, this is my final coin release and as such will be my masterpiece.

What is Ocoin?

Ocoin stands for OpenSourceCoin, and as such the source will be provided in an open, free to copy format, free of copyrights and licensing.

What are the specifications of Ocoin

Ocoin is built on the core of Bitcoin 0.7, using the Sha256 algorithm as its Base

Is r3wt one of the defective droids in the junkyard on Tatooine?   Seems the logic circuit here is broken. How can it be based on the copyrighted Bitcoin code, that is not out of copyright and yet claim to be free of copyrights and licensing?   Did you also remove the library dependencies that have copyright and licensing requirements as well?

. Ocoin uses notable features from other coins, such as the ArtForz timetravel patch and the ppcoin getnetworkghps command. Despite the vairety of innovations available in various coins, Ocoin refrains from including bloating features such as txmessages, i2p, and proof of stake.

Now the time warp patch is feature?

[shazbits]

Why talking about launching a new coin a few days after launching j-coin which still doesn't compile?
Why not focusing on one coin?

[r3wt]

bump for release day! 

[dellstreakone]

can you tell me the extract time to release it ?

[r3wt]

can you tell me the extract time to release it ?

well i just mined the gb so it will definitely be today. trying to get ahold of Ahmed_Bohdi so a pool will be available on launch. just a couple more things to do. i'll go ahead and set a deadline of no later than 10 pm CST (Central Standard Time, Chicago, USA)

[millsdmb]

A brief Overview on Ocoin

• Algorithm: Sha256

can mine this with ASICs?

[r3wt]

A brief Overview on Ocoin

• Algorithm: Sha256

can mine this with ASICs?

yes

[paulthetafy]

r3wt, why are you releasing so many coins? Do you really think you're doing any good or going to make any money this way?

[r3wt]

r3wt, why are you releasing so many coins? Do you really think you're doing any good or going to make any money this way?

it's not about the money. besides, its only my 3rd coin. the first one was a piece of crap, the second one is pretty good. this one should be much better. plus i can mine it with my Asics and i like that

[TheSpiral]

Hmmmmm. I still like the idea of more SHA coins. Not sure I like the idea of the equivalent of 2.2 Million block premine, though...
Either way, might do a p2pool for this fella.

[r3wt]

Hmmmmm. I still like the idea of more SHA coins. Not sure I like the idea of the equivalent of 2.2 Million block premine, though...
Either way, might do a p2pool for this fella.

2.2 million block premine? care to elaborate on your math? here, i've updated the OP with the block reward structure. that should help you calculate it 

[TheSpiral]

Hmmmmm. I still like the idea of more SHA coins. Not sure I like the idea of the equivalent of 2.2 Million block premine, though...
Either way, might do a p2pool for this fella.

2.2 million block premine? care to elaborate on your math? here, i've updated the OP with the block reward structure. that should help you calculate it 

That was before the "code" was posted. Was going by 177777 coins at 0.0777 per block = 2287992 blocks. But the code is posted now, so disregard.

[r3wt]

Hmmmmm. I still like the idea of more SHA coins. Not sure I like the idea of the equivalent of 2.2 Million block premine, though...
Either way, might do a p2pool for this fella.

2.2 million block premine? care to elaborate on your math? here, i've updated the OP with the block reward structure. that should help you calculate it 

That was before the "code" was posted. Was going by 177777 coins at 0.0777 per block = 2287992 blocks. But the code is posted now, so disregard.

ok, my bad for the assholish response then. thought you were just being a troll. carry on.

[cryptocoinsnews]

www.cryptocoinsnews.com/2013/08/15/opn-ocoin-will-be-released-today-ccn/

[r3wt]

www.cryptocoinsnews.com/2013/08/15/opn-ocoin-will-be-released-today-ccn/

thx, and added to the OP +1

[Jude Austin]

Oh R3wt, what's next?

r3wtcoin?

Giggity.

[Joerii]

Sha256. With a static retarget, no less !

That's begging to be raped by ASICS.

Not trolling, just stating the obvious here.

[krusin]

The real question should be why are you trying to figure out how to solo mine GLDcoin?

[shakezula]

Its the second tab in your web-browser, might fix that screenie...