[ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink

[trafficolaa]

octo will be the next star, nice and wonderful coin,
i am in

[frameLAlife]

Wow, the winner of the latest mintpal vote sure is something. XXLcoin Max Coins: 700,000,000,000. Price 0.00000001 LTC, Sell orders at 0.00000002. Cannot understand how the coin even won, probably voting with a botnet or something like that. I want to buy octos, not coins like that.

you are correct

[djslick]

we're about to overtake another coin on mintpal! i have my mintpal account auto-logout every 24 hours instead of the default every 45 minutes, (in profile settings) so it's alot easier to just keep a tab on the vote page and whenever i think of it, add +1 for victory ^_^

[frameLAlife]

we're about to overtake another coin on mintpal! i have my mintpal account auto-logout every 24 hours instead of the default every 45 minutes, (in profile settings) so it's alot easier to just keep a tab on the vote page and whenever i think of it, add +1 for victory ^_^

yeah because if you don't logging in constantly is annoying... great share.

[joshycoin]

we're about to overtake another coin on mintpal! i have my mintpal account auto-logout every 24 hours instead of the default every 45 minutes, (in profile settings) so it's alot easier to just keep a tab on the vote page and whenever i think of it, add +1 for victory ^_^

PawnCoin... You're next bitch!

[Stonerboy]

Wow, the winner of the latest mintpal vote sure is something. XXLcoin Max Coins: 700,000,000,000. Price 0.00000001 LTC, Sell orders at 0.00000002. Cannot understand how the coin even won, probably voting with a botnet or something like that. I want to buy octos, not coins like that.

There's nothing more to say about coins like this...
It's time for the gamechanger. (After the bonusblocks are over  )

[edric]

Can someone please shoot me a PM when it's time to update to the new wallet? Just in case I'm not paying attention. So much going on!

[shellbunner]

Wow, the winner of the latest mintpal vote sure is something. XXLcoin Max Coins: 700,000,000,000. Price 0.00000001 LTC, Sell orders at 0.00000002. Cannot understand how the coin even won, probably voting with a botnet or something like that. I want to buy octos, not coins like that.

There's nothing more to say about coins like this...
It's time for the gamechanger. (After the bonusblocks are over  )

+888

[niceman]

You can mine OctoCoin at www.CoinMine.pw - the best place to park your workers!

Happy mining!

• 40 coins to mine from one account!
• Scrypt, Scrypt-N and X11 pools
• Unique functions
• Easy switch worker from web interface without reconnects and stales!
• Almost 0% reject rate !
• Switch and monitor workers with API !
• Check balances and withdraw funds with API !
• 6 Stratum nodes around the world!
• Auto switch workers with personal Coin Sets and Coin's Difficulty range for every Worker
• USD, LTC, BTC rates for all mined coins!
• Profitability calculator for LTC, USD for all coins!
• Really FAST and clean interface.
• Self-written server software optimized for maximum performance!
• Cool and impressive functions adds almost every day!

And off course standard:

• Several Dedicated Xeon Servers
• SSL support
• SSD HDD RAID
• DDOS Protection
• 99.9% Uptime since launch
• IRC and E-mail support!
• Stratum
• VARDIFF
• PPL(10MIN)S Payout
• Manual payouts without minimum
• Auto Payouts every 5 minutes

[whiteali]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

[frameLAlife]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

lmao! so that's where all the bonus blocks went! it's not just the last... the majority are bonus blocks compared to the normal 88.

[thenotfatguy]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

lmao! so that's where all the bonus blocks went! it's not just the last... the majority are bonus blocks compared to the normal 88.

While I am not certain, I do have my doubts that they are actually exploiting the bonus blocks.

Since the probability of getting the bonus block is 1/8 it should mean that it is not guaranteed to occur every 8 blocks.
This is similar to what occurs when flipping a coin, flip it 100 times and it will not land 50 on one side and 50 on the other.

They may have been lucky and landed several bonus blocks... consecutively

[Jean Manansalaqoo]

nice coin to mine, when mintpal will list it?

[niceman]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

Where is no any bug. In cryptocurrencies not exist such thing as random blocks. How your wallet will accept blocks if it will be random?
Every wallet match block reward it have calculated locally and compare with block reward accepted from network and accept block possible only if this numbers absolutely match.

[Winky]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

Where is no any bug. In cryptocurrencies not exist such thing as random blocks. How your wallet will accept blocks if it will be random?
Every wallet match block reward it have calculated locally and compare with block reward accepted from network and accept block possible only if this numbers absolutely match.

Why do i get less reward when we find bigger blocks?

[djslick]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

Where is no any bug. In cryptocurrencies not exist such thing as random blocks. How your wallet will accept blocks if it will be random?
Every wallet match block reward it have calculated locally and compare with block reward accepted from network and accept block possible only if this numbers absolutely match.

Why do i get less reward when we find bigger blocks?

i tried this too lastnight, i found a normal 88 block on there (after finding nothing for an hour) and when i did i was the only one on their network, so i got all 88 coins in the block.

they're a profit-switching pool, so when they decide to mine OCTO on their "auto" setting, they move like 200MH from other users over to try and get that one 888 block, so the rewards are alot smaller for everyone who gets them. then they divert those 200MH away for the next normal block. and they aren't even finding every bonus block this way, i'd say less than half actually.

this is why it's more profitable for me at least to get in on ALL the blocks if i'm going to be using my time anywhere. their PPLNS is only for 10 minutes, so if it takes 40 minutes to find a block (cause they only add extra mining power to the pool for the bonus blocks) then you're only getting credited for the last 10 minutes of your work.

imo there's better pools out there for octo at the moment, but it's still a really cool site, will look into it for real profit auto-switching (and not converting to BTC) for when i've had my fill of octo.

[djslick]

nice coin to mine, when mintpal will list it?

probably in 1-2 months. the devs have said they'll pitch in BTC for votes as we get closer to the top. keep voting guys! i voted at least 12 times yesterday. as i mentioned earlier, if you set your auto logout to 24 hours instead of 45 minutes, it's ALOT EASIER! just keep a tab open and check it whenever you think about it btw that's in profile settings. cheers!

[frameLAlife]

@niceman Seems like CoinMine is one of the multipool exploiting the 888 block reward random bug ...

see the last block found, almost only 888 one !

Great publicity man ...

lmao! so that's where all the bonus blocks went! it's not just the last... the majority are bonus blocks compared to the normal 88.

While I am not certain, I do have my doubts that they are actually exploiting the bonus blocks.

Since the probability of getting the bonus block is 1/8 it should mean that it is not guaranteed to occur every 8 blocks.
This is similar to what occurs when flipping a coin, flip it 100 times and it will not land 50 on one side and 50 on the other.

They may have been lucky and landed several bonus blocks... consecutively

true and i have no idea if it's an exploit or not... but that is still a ridiculous number of payouts with 888... and that's all i could screen shot. when you kept scrolling down it was still 888 blocks. i know when i check my transactions from fusionhash, there are no where near that many 888 blocks... i'm usually splitting 88 blocks and extremely "lucky" to split an 888 block.

nonetheless, i have checked it before and was curious why it seemed hard to get an 888 block but this was the first time i've even clicked on a multipool and saw that many 888 blocks.

even if it's luck or some accidental exploit caused by the way multipools switch, the perception when you see that is that they are def gaining 888 blocks by some advantage.

honestly with the fix coming it doesn't matter anymore. i was just surprised to see it when i clicked over. i expected to see a few more 888 blocks... not the whole page. i should've counted how many 888 over  88 blocks to show the %.

[djslick]

they are definitely trying to snipe every 888 block, it's not really a secret, that's exactly what they're doing. just 2 things to keep in mind:

1) they do not get every 888 block, they try, but only get about half the network bonus blocks

2) those bonus blocks are split between many miners, they aren't all going to one person. again, not a secret, i made an account and tried it for myself, it's just lonely me on the network and then BAM +400MH out of nowhere for one block that they *might get...

if you

A) want more octo profit for your mining time (assuming constant mining)

and

B) you want to stop this pool from attempting to snipe the 888 blocks, then you just have to put more hash on the OTHER pools which are NOT exploiting. it's simple. the more we have elsewhere the harder it is for them to get any, and they waste their time, their miners time, and will soon not deem it "profitable" to switch.

i for one do not support this block sniping tactic, so i'm not mining there. i do like the pool however, even though the coins that i did mine there last night are still stuck in a "pending" transaction which is odd... won't even give me a tx ID, says "pending" 7 hours old.

[niceman]

I have same strange problem with wallet. Never seen this before.
We have only one address now 8Ury6fDpYnVRi97z7tXXnWKzuoWihwsJJn. This address accept all mined blocks.
http://explorer.octocoin.org/address/8Ury6fDpYnVRi97z7tXXnWKzuoWihwsJJn

I make
./octocoind -salvagewallet
and I have

Code:

{
    "version" : 1000008,
    "protocolversion" : 60003,
    "walletversion" : 60000,
    "balance" : 23344.20000000,
    "blocks" : 65625,
    "timeoffset" : 0,
    "connections" : 12,
    "proxy" : "",
    "difficulty" : 5.70556209,
    "testnet" : false,
    "keypoololdest" : 1400170451,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

But, if I try to send any transaction, I get error:
./octocoind sendtoaddress 8VJobMZHpm2Nw4CvqgW7aNXeThvyd17Ece 5.26846316

Code:

error: {"code":-4,"message":"Error: The transaction was rejected! This might happen if some of the coins in your wallet were already spent, such as if you used a copy of wallet.dat and coins were spent in the copy but not marked as spent here."}

I don't have any another wallet instances, and in block explorer all transactions unspend.

In debug.log I have :

Code:

ThreadRPCServer method=sendtoaddress
keypool reserve 2
CommitTransaction:
CTransaction(hash=854ada947accf77945ea03c90cc2c5d936d27deb823410428234cc4d74e36dec, ver=1, vin.size=1, vout.size=2, nLockTime=0)
    CTxIn(COutPoint(a9aabfe78a5ee5fb9777039bbbc570cfbc0062f32193a093067a1366f25eeeae, 0), scriptSig=3045022100a630a959194921)
    CTxOut(nValue=5.26846316, scriptPubKey=OP_DUP OP_HASH160 9c048e088e79)
    CTxOut(nValue=82.73153684, scriptPubKey=OP_DUP OP_HASH160 6f8830201ccf)
keypool keep 2
AddToWallet 854ada947accf77945ea03c90cc2c5d936d27deb823410428234cc4d74e36dec  new
WalletUpdateSpent found spent coin 0.00888 a9aabfe78a5ee5fb9777039bbbc570cfbc0062f32193a093067a1366f25eeeae
ERROR: CheckInputs() : tried to spend coinbase at depth 19
ERROR: CTxMemPool::accept() : ConnectInputs failed 854ada947accf77945ea03c90cc2c5d936d27deb823410428234cc4d74e36dec
CommitTransaction() : Error: Transaction not validFlushing wallet.dat
Flushed wallet.dat 3ms

That happened, why I can't payout coins?