[ANN] ODUWACoin - Oduwa PoS Mining

[VEIAG]

Hi There. Having gone through your project and personally used your platform to make payment, I must confess, Oduwa Coin is one of the best digital payment platforms on the ecosystem. A friend introduced me to your platform.

Initially, I developed cold feet thinking that the payment process would not be swift. However, to my surprise, the process was not only swift but was also seamless. I commend your team. You guys rock!

[Hung Yu So]

I'm a newbie in the crypto world. I heard the ecosystem is highly profitable. Now, I want to know; how can I back up my wallet?

Thank you for your question. Due to the problem of volatility, we have improved our wallets to better secure the coins of our users. It is actually pretty easy to backup your wallet on our platform. All you have to do is to follow the command below:1. Open Run command in a window2. Then type “%APPdata%,” and press ‘enter’3. On Oduwacoin folder, you have to copy the .bat file or all file to secure backup. Once again, thank you for your time.

[Vazan25]

Only one percent POS?Looked at the exchange price-too big spread.As a variant of the contribution can be considered-no more-as for percent hardly.

[Entei]

All right, ODUWACoin has common specs on countless cryptocurrency projects, how will it guarantee the people's financial values? Will ODUWACoin be more than StableCoin? How will this coin reach the ears of needy people? Usually these people do not have any interaction with cryptos and many of them have never heard of, just how will that work?

[Joseph R. Cord]

One thing I observed when registering on the Oduwa Coin platform is the simplicity and seamlessness. Unlike other crypto platforms where I have an account, the Oduwa platform is not only user-friendly but does not demand unnecessary documents just to set up an account. Right now, I am thinking of closing my other accounts and pitching tent with Oduwa Coin. I commend your team's effort. You have a nice project which is bound to succeed.

[24Kt]

One thing I observed when registering on the Oduwa Coin platform is the simplicity and seamlessness. Unlike other crypto platforms where I have an account, the Oduwa platform is not only user-friendly but does not demand unnecessary documents just to set up an account. Right now, I am thinking of closing my other accounts and pitching tent with Oduwa Coin. I commend your team's effort. You have a nice project which is bound to succeed.

That is a nice feedback from a potential user. But if they are going to be a payment system, what are the establishments connected with this platform? They need to collaborate with as much as commercial shops to make this platform usable for many crypto users.

[Mehr Sher]

I have gone through your website and also studied the features therein. The project is laudable if only what it claims to solve is practicable. Nevertheless, I would give it a trial and come back here to update my comment. Thank you.

[Pook-sapot]

There are several blockchain projects on the market. Sometimes, it becomes difficult to identify the uniqueness of some projects. A digital payment platform is a great way to send and receive coins in an e-wallet. That said, I just hope your project would be as outstanding as I read on your website. I will give it a trial. I am heading to your website now to register an account. Thank you.

[aidit45@gmail.com]

Oduwa has the same supply as Bitcoin, and I see it has the same concept for peer-to-peer. Can Oduwa be adopted as a peer-to-peer payment by one of the payment methods?

[Hung Yu So]

Hi There. Having gone through your project and personally used your platform to make payment, I must confess, Oduwa Coin is one of the best digital payment platforms on the ecosystem. A friend introduced me to your platform.

Initially, I developed cold feet thinking that the payment process would not be swift. However, to my surprise, the process was not only swift but was also seamless. I commend your team. You guys rock!

Thanks for your kind words. We don't want to claim about best or greatest, but we definitely have created something that's worthy! Thanks

[MongoozeMax]

Hi anyone,

   To give a picture of mining, on a small scale, I'll tell what I did.  POS is 'proof of stake.'  So, an amount of my OWC is 'staked,' or placed in a limbo status, while a portion of the mining process does it's thing.  This is the stake the backs up the proof of the coin.  Proof of Work uses that puzzle solving, with the winner getting the reward, and concluding the consensus, which finishes off that one block; or the proof.  Since time and energy {computer, time, electricity, effort} is the "work" behind POW, it is not energy efficient on a large scale.  In fact, POW mining has become so world wide extensive, it has become less profitable for miners.   POS is one alternative, which allows for a greater increase in number of miners - in a more efficient way.  Anyone can mine POS with a laptop.

  After downloading from oduwacoin.io  ; I just transferred one OWC coin, to test the address {that long receiving hash Alpha-Numeric code}, and waited.   You will have a receiving address per wallet.  Coins from the Oduwa MainNet, oduwa.io, took longer because that is the original, private platform.   An Oduwa Administrator will oversee, approve, and send your coin out by hand transaction; sometimes after they had their coffee.  Once you coins are out of the MainNet, they do not return there.  Out there, the mining wallets, or web wallets, or mobile wallets {with the option of offline, paper wallet} are the holding places for your coin.

     As per instructions on oduwacoin.io, there is a minimum number of coins, to stake, for mining.  One can have a free mining wallet and store OWC coin, and transfer to, and from it; with any amount of OWC.  However, one needs [ 2,000 OWC ], two thousand Oduwa coin, in the wallet; in order for the wallet to mine. 

    Next, encrypt your wallet and Write Down your Password!   It protects security of your wallet, and is needed for mining.

    2,000, or more, coin in wallet?  Encrypted with password?  Just go to 'file' and UNLOCK the wallet [password].    Wait.    First time, half a day, so do whatever.

    As a big tip, I think my 'sleep mode' on my laptop, might turn off wallet.   So, I just went to my laptop setting and turned all the sleep settings to "never,"  and then I picked a nifty screen saver.

   Leave laptop running and you'll see "incoming transaction"  once and awhile.  Maybe the notification chime along with it.

   Your wallet, as mine does, mines various amounts of stake.   Example:  It will take 700 of my 2,000 and "stake" it.    When done, it returns that to the "spendable" amount, the 2,000. 

   If you choose to place more coin in  you mining wallet, it will "weigh" it greater on the grand scale and be used more often with greater amounts.

Since Oduwa is still beginning, 2-3$ levels,  it seems like [with all those little micro transactions ] someone is paying me a dollar to leave my computer on all day. 
Yet, it is helping the Oduwa progression, and that is something I want to do.   Also, later, when OWC is bigger, that 0.012 coin, gets bigger also.  Think HODL and long term of a year.

    So, I'm not worried about fluctuations now in OWC, it is so early, and tons of little sell offs are happening.  Natural, but so much on the small scale.   Pretty soon it will be only 3$,  next it will
only go up.

   So, a small laptop, off to the side, doing its own thing.   I do my other computer work on my other machine.
PS --  sorry for length, but DO back up on your wallet.    I use a thumbdrive, and just keep on re-writing over the same file.   back up, once and a while


thanks, mongoozemax

[loveyking]

Pls how many Oduwa coins will be mine able every 8hrs

[MongoozeMax]

"Re: [ANN] ODUWACoin - Oduwa PoS Mining
January 30, 2019, 10:11:35 PM
 #34
Pls how many Oduwa coins will be mine able every 8hr"

Last Monday, Jan 28th, I logged 21 reward transactions in 24 hours, at various amounts.
It totaled: 0.5420964 OWC.   [the amounts always show 8 places past the decimal point]

Taking the average, it figures at [0.18 OWC ] for 8 hours.

I heard the rumor from an Oduwa Team member who talks with the Dev[eloper].
In the future they are considering upping the 1% reward for mining, as it is consistent to
make it worth it for miners.  Don't know a "when" on that one.

PS - I think the real profitability for OWC will be HODL until it gathers traction with the
African Decentralized Currency this year.   Part of the main purpose of OWC is to become
a frequently used digital currency with a largely scaleable number of transactions.
    It will be an actual digital cash coin used in six African nations, as well as anywhere else
using OWC.  It is already paired to BTC and others on exchanges, so that's already possible.

Hope this helps out,     -mongoozemax

[Hung Yu So]

Hi anyone,

   To give a picture of mining, on a small scale, I'll tell what I did.  POS is 'proof of stake.'  So, an amount of my OWC is 'staked,' or placed in a limbo status, while a portion of the mining process does it's thing.  This is the stake the backs up the proof of the coin.  Proof of Work uses that puzzle solving, with the winner getting the reward, and concluding the consensus, which finishes off that one block; or the proof.  Since time and energy {computer, time, electricity, effort} is the "work" behind POW, it is not energy efficient on a large scale.  In fact, POW mining has become so world wide extensive, it has become less profitable for miners.   POS is one alternative, which allows for a greater increase in number of miners - in a more efficient way.  Anyone can mine POS with a laptop.

  After downloading from oduwacoin.io  ; I just transferred one OWC coin, to test the address {that long receiving hash Alpha-Numeric code}, and waited.   You will have a receiving address per wallet.  Coins from the Oduwa MainNet, oduwa.io, took longer because that is the original, private platform.   An Oduwa Administrator will oversee, approve, and send your coin out by hand transaction; sometimes after they had their coffee.  Once you coins are out of the MainNet, they do not return there.  Out there, the mining wallets, or web wallets, or mobile wallets {with the option of offline, paper wallet} are the holding places for your coin.

     As per instructions on oduwacoin.io, there is a minimum number of coins, to stake, for mining.  One can have a free mining wallet and store OWC coin, and transfer to, and from it; with any amount of OWC.  However, one needs [ 2,000 OWC ], two thousand Oduwa coin, in the wallet; in order for the wallet to mine. 

    Next, encrypt your wallet and Write Down your Password!   It protects security of your wallet, and is needed for mining.

    2,000, or more, coin in wallet?  Encrypted with password?  Just go to 'file' and UNLOCK the wallet [password].    Wait.    First time, half a day, so do whatever.

    As a big tip, I think my 'sleep mode' on my laptop, might turn off wallet.   So, I just went to my laptop setting and turned all the sleep settings to "never,"  and then I picked a nifty screen saver.

   Leave laptop running and you'll see "incoming transaction"  once and awhile.  Maybe the notification chime along with it.

   Your wallet, as mine does, mines various amounts of stake.   Example:  It will take 700 of my 2,000 and "stake" it.    When done, it returns that to the "spendable" amount, the 2,000. 

   If you choose to place more coin in  you mining wallet, it will "weigh" it greater on the grand scale and be used more often with greater amounts.

Since Oduwa is still beginning, 2-3$ levels,  it seems like [with all those little micro transactions ] someone is paying me a dollar to leave my computer on all day. 
Yet, it is helping the Oduwa progression, and that is something I want to do.   Also, later, when OWC is bigger, that 0.012 coin, gets bigger also.  Think HODL and long term of a year.

    So, I'm not worried about fluctuations now in OWC, it is so early, and tons of little sell offs are happening.  Natural, but so much on the small scale.   Pretty soon it will be only 3$,  next it will
only go up.

   So, a small laptop, off to the side, doing its own thing.   I do my other computer work on my other machine.
PS --  sorry for length, but DO back up on your wallet.    I use a thumbdrive, and just keep on re-writing over the same file.   back up, once and a while


thanks, mongoozemax

That is really lovely to read!! We don't know what price it will be in future but we are certainly ensuring that it's amongst the top opportunities for users to benefit from!

Thank you!

[Hung Yu So]

Pls how many Oduwa coins will be mine able every 8hrs

It's impossible to say like that, as there are several factors that are required to be considered. So, without knowing all that, it will not be possible to tell you how many ODUWA Coins you will be able to mine after 8 hours! Thank you.

[FutureICOs]

The project looks quite good, I will also commend your team. I want to find out what the Oduwa Coin Platform is all about and how your platform handles the issue of transparency, safety, and especially privacy.

[Hung Yu So]

The project looks quite good, I will also commend your team. I want to find out what the Oduwa Coin Platform is all about and how your platform handles the issue of transparency, safety, and especially privacy.

Well, the Oduwa coin is the next Generation digital payment system. Oduwa coin is digital cash that uses peer to peer technology to settle all its transactions on a consortium blockchain network. We are a hybrid blockchain technology that values privacy, efficiency and security due to the asset protection the block provides for our users, popularized by the initiative of its community. Oduwa coin is the best cryptocurrency, coin and token resource on the internet.

In addition, we empower a community of crypto traders and investors and also have suitable tools for investigating, monitoring and making decisions regarding cryptocurrencies. Whether you are an amateur or a professional, we can help you grow your investment. Thank you

[joirgetinmim]

I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.

[Hung Yu So]

I have just checked Oduwa Coin website, I have a lot of questions that I want to ask, but the simple point I like to understand is the problems your project is trying to solve.

You can find complete details on website only, but anyhow. Oduwa Coin is a decentralized cryptocurrency payment system that leverages on the smart contract in order to provide users with a seamless trading and payment environment. The aim is to solve one of the biggest problems in the cryptocurrency industry – volatility. Traders on our platforms are encouraged to verify their identities but it is not a requirement for payment, trading, and deposit. The platform trades in several coins compared to other platforms which started operation the same time with it. Hope this is enough to explain. Thanks

[Freddy11]

I like thisr project. It's a nice concept compared to other crypto platforms. BTW, How to buy it (Oduwa Coin) ?