[OSC]OpenSourcecoin Mandatory Update 7/1/14

[r3wt]

So any update on the wallet changes?

yeah its finalized just have to compile it. there's over 80 days until block 120k, so its not {immediately} pressing, however i do intend to have it available for download by tomorrow. right now, i'm spending my time trying to fix nanotokens. gonna see if i can get the network ready by this evening then, it will be onto compiling the patched Ocoin wallet and i get to take a break after that maybe. still not sure about these linux issues. i know there are some really experienced linux people here, i'm surprised no one has figured it out yet. tbh i'm out of my element when it comes to compiling on linux. i find the overall hassle of using linux out weigh the benefits in most cases. i still like to play around in the shell and dick off though. something about a black screen with green text....


a brief status update on Ocoin:

Its good to see that the blocks are meeting target, and money supply is actually showing correct amounts. as you can see i still have a great deal of these coins(over 75%). waiting for someone to step up and claim some bounties. obviously i need to get the linux compiling problem fixed so that can happen.

09:11:20

getinfo


09:11:20

{
"version" : "v0.1.0.0-g99999-OSS",
"protocolversion" : 60006,
"walletversion" : 60000,
"balance" : 158335.95410000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 4488,
"moneysupply" : 195264.57340000,
"connections" : 20,
"proxy" : "",
"ip" : "173.216.107.57",
"difficulty" : 685.01273642,
"testnet" : false,
"keypoololdest" : 1378805139,
"keypoolsize" : 103,
"paytxfee" : 0.00000000,
"unlocked_until" : 0,
"errors" : "Info: Minting suspended due to locked wallet."
}


09:11:28

getmininginfo


09:11:28

{
"blocks" : 4488,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 685.01273642,
"errors" : "Info: Minting suspended due to locked wallet.",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 50106851551,
"pooledtx" : 0,
"testnet" : false
}

[Vakhen]

been awhile since I dinked around in C, hell I don't even have a linux box running atm, but if I get a bit of spare time I'll poke around.

[FinShaggy]

Are there ways to earn this coin without mining, maybe by writing?

[FinShaggy]

I am also willing to share links and make YouTube videos or anything else.

[rammy2k2]

it wasnt advertised pretty well

[r3wt]

Changes in Ocoin v0.1.1.0-g99999-OSS

Subsidy

in blocks
128000-256000

before update
3coin/block

after update
20/block

in blocks
256000-400000

before update
2.5coin/block

after update
25/block

additionally, in block 2,400,000(approximately 4.7 years from now) and above subsidy bumps up to 5 coins per block.

this puts Proof Of Work coin output at just under 21 million in 7 years. 1 year stake periods will allow the coin to continue once Max Proof Of Work minting is finished.

calculation of previous proof of work structure put total coin output around 1.7 million in 1 year, making premine massive at >17.7 percent. this should even the playing field by introducing more than 7 million coins in the first year, respectively.

[r3wt]

bump for new binaries and fixed file permissions. 100 percent confirmed, this is compiling on linux. if you have issues, seek the guidance of a professional.

[Hazard]

In contrast to what... All the closed source coins out there? 

[r3wt]

In contrast to what... All the closed source coins out there? 

LoL, no they are all open source. this coin attempts to combine some of the most popular and useful features. as new technologies emerge and features, they will be implemented.

[japino123]

I updated the windows client from the OcoinInstaller1.1.exe binary but its still showing as v0.1.0.0.

Here is a screenshot of my debug window.
http://grab.by/qgVe

[r3wt]

I updated the windows client from the OcoinInstaller1.1.exe binary but its still showing as v0.1.0.0.

Here is a screenshot of my debug window.
http://grab.by/qgVe

no worries, you have the new client. slight over sight on my part. forgot to bump up version number. i checked my client and it still says 1.0 too.


   I might check into a custom versioning next time changes are made. i'm investigating PoS to see what changes need to be made. mullick has informed me that my 1:1 ratio of PoS to PoW blocks will lead to high orphans in PoW.
   
   I'm thinking that removing the Trust score from ProofOfStake blocks will solve the issue, because without the superior trust score i think the PoS blocks will be all orphaned.

Obviously the major supporters of PoS think this is an absurd idea, because they believe PoS to be superior to PoW, which i adamantly disagree with. since this is supposed to be a community coin, i would like the community to be more vocal in ideas they want to see in the coin, as well as what the remedy should be for Proof Of Stake.  right now, stake minimum age is 1 year and full weight 2 years, but of course i'm open to discussion on what to finally do with it.

[x3maniac]

i have a working pool i'm trying to test, if anyone is brave enought. osc.dsync.net

you can find me on irc.freenode.net #dsync-pool

-x3

edit: found my first block on the pool

[x3maniac]

x3maniac : I have a lot of rejects...almost 65 %...

yea it's running getwork right now... until i finish building stratum it might have more rejects. i'll keep you posted

[ahmed_bodi]

i have a pool almost ready stratum up too just working on the frontend. no blocks found yet tho

[ahmed_bodi]

New OSC Pool with stratum, working out the hashrate bugs, http://osc.crypto-expert.com/
ignore any error messages you get

[x3maniac]

hey we have a chat room over at @irc.freenode.net #coingenesis

come to my pool osc.dsync.net

goto support/chat

or use your own IRC client

1st 10 people to message there wallet address gets 100 OSC

come now!

-x3

[r3wt]

hey we have a chat room over at @irc.freenode.net #coingenesis

come to my pool osc.dsync.net

goto support/chat

or use your own IRC client

1st 10 people to message there wallet address gets 100 OSC

come now!

-x3

woo, that sounds exciting! the users will be psyched

[x3maniac]

STRATUM IS WORKING

osc.dsync.net:5555

found blocks on it

yay me lol

-x3

[r3wt]

STRATUM IS WORKING

osc.dsync.net:5555

found blocks on it

yay me lol

-x3

so the stratum link would be what?

[ryanb]

i am getting getwork on osc.dsync pool