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Author Topic: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net  (Read 940 times)
junyuanshao
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February 10, 2019, 03:43:00 PM
Last edit: March 02, 2019, 09:40:53 PM by junyuanshao
 #1

http://forum.originchain.net/data/attachment/forum/201902/10/123858em1uh1m51qf18nsn.png

Test network


Intro

ORIGINCHAIN, short for orc, is a PHP-based block chain that provides resource docking for web applications, such as text, numbers, pictures, urls, even accounts, graphic validation codes, resource index, torrent, Magnet URI scheme......

PHP is more conducive to the docking of web programs, especially for web dev. This will be a perfect combination.

Direction
We will devote ourselves to the development of decentralized data storage systems. Unlike network sharing, which takes up a lot of hard disks. It will face Web-level storage, field-based storage and indexing, such as pictures, text, even search engines, website directories.

It will be divided into two stages:

Phase 1: Perfecting the basic main network is also our task at this stage.
Phase 2: Implementing Functions

Specifications

Name:Orignchain
Symbol:Orc
Blocktime: ~ 4 minutes
Fee: 0.5%
Theoretical maximum:110,800,001
Miningreward: Dynamic reward, initial 1-100,decrease by 1% each 10800 blocks (approx 1 month)
BlockHash: sha512
Miningalgorithm: Argon2i + SHA512(two)
SignatureAlgorithm: ECDSA's secp256k1 curve
DBBackend: MySQL / MariaDB
Destruction mode: Beginning with block 10, each block will be destroyed up to 95% and at least 5%, calculated according to difficulty.

Phase 1: Roadmap:  http://forum.originchain.net/forum.php?mod=viewthread&tid=2
  • Test network
  • Block Explorer
  • Pool
  • Windows php bundle
  • Windows GUI Wallet
  • Windows GUI Miner
  • API
  • JSON-RPC API
  • Add to exchanges
  • Web Wallet
  • Alias system
  • Masternodes
  • Linux GUI Wallet
  • Mac GUI Wallet
  • Open blocks DB interface for user and dev



Download
Nodesource code:  https://github.com/originchainio/test
Poolsource code:  https://github.com/originchainio/pool
Light Miner For PHP:  https://github.com/originchainio/php-light-miner


Links
Officialwebsite: http://www.originchain.net
Blockexplorer: http://n1.originchain.net/explorer.php
Forum: http://forum.originchain.net

It
Twitter:  https://twitter.com/originchainio
Telegram: http://t.me/originchain

Pools
OfficialPool:  http://pool.originchain.net/

Guides
HowTo Setup (and Secure) an OrcMasternode [Ubuntu Guide]:
https://github.com/originchainio/test/blob/master/INSTALL_README.md

Exchanges
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junyuanshao
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February 10, 2019, 04:05:08 PM
 #2

Not very good at this forum procedure, it seems that the picture can not be uploaded.So the format doesn't have too many edits.
The infrastructure of the project is also under construction. Of course, we would like to devote more energy to solving the technical problems of the project, rather than spend time beautifying the interface.
Pyramusx
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February 10, 2019, 04:37:04 PM
 #3



Test network
Introduction

Orignchain provides a secure and fast block system, using PHP development to facilitate the docking of existing web applications.

The main advantage of ORC is the use of PHP language for development, so that it can be easily docked and used. Secondly, our reward system uses floating rewards, which will dynamically adjust POW rewards according to the power of the whole network. We will also adopt the upos system, which allows users to combine donate with development results.

Specifications

Name:Orignchain
Symbol:Orc
Blocktime: ~ 4 minutes
Miningreward: Dynamic reward, initial 1-100,decrease by 1% each 10800 blocks (approx 1 month)

Transactionfee: 0.25%
BlockHash: sha512
Miningalgorithm: Argon2i + SHA512
SignatureAlgorithm: ECDSA's secp256k1 curve
DBBackend: MySQL / MariaDB
Whitepaper:Comingsoon

Roadmap:  http://forum.originchain.io/forum.php?mod=viewthread&tid=2
  • Test network
  • Block Explorer
  • Pool
  • Windows php bundle
  • Windows GUI Wallet
  • First  Side Chain
  • Windows GUI Miner
  • Full API
  • Bitcoin-like JSON-RPC API (for easier integration by exchanges)
  • Add to exchanges
  • Web Wallet
  • Alias system
  • Masternodes
  • Linux GUI Wallet
  • Mac GUI Wallet
  • Directory of sites accepting Orc
  • upos system



Downloadlinks
Nodesource code:  https://github.com/originchainio/test
Poolsource code:
JSON-RPCAPI:

CoinMarketCap: comingsoon

Officiallinks
Officialwebsite: http://www.originchain.io
Blockexplorer: http://t1.originchain.io/explorer.php
Forum: http://forum.originchain.io
FAQ:

Socialnetworking
Twitter:
Telegram: http://t.me/originchain

Pools
OfficialPool:

Guides
HowTo Setup (and Secure) an OrcMasternode [Ubuntu Guide]:
https://github.com/originchainio/test/blob/master/INSTALL_README.md

Exchanges


DevelopmentFund
BTC: 3PPxCfvtve9NGrmeuwLVe9NYdkFyNpbwfu

Ifyou'd like to support the Origin development, you can donate to the addresses listed above.

If you are interested in our upos, or donate to us, or want to share our results, you can visit:http://forum.originchain.io/forum.php?mod=viewthread&tid=3


Pyramusx
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February 10, 2019, 04:38:36 PM
 #4

Quoted it for you, it's that your account is too new so pictures won't show up. What's the total supply?


junyuanshao
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February 10, 2019, 04:50:40 PM
 #5

Quoted it for you, it's that your account is too new so pictures won't show up. What's the total supply?



Total theoretical amount: 108 000 000

In theory, it can not be achieved, because it is a floating reward, and the number of rewards will be adjusted according to the difficulty, so the total amount should not reach 70% of the maximum total amount.

Code for total testing:
Code:
$total_all_number=0;
$x=100;  //start reward
echo '1Month    Coin Number:'.(360*$x*30).'    Maximum theoretical reward:'.$x."\n";
$i=2;
$total_all_number=(360*$x*30);
while (true) {
$x=$x*0.99;
$total_all_number=$total_all_number+(360*$x*30);
echo $i.'Month    Coin Number:'.(360*$x*30).'    Maximum theoretical reward:'.$x."\n";

if ($x<=0.00000001) {
break;
}
$i=$i+1;
}
echo 'total_all_number: '.$total_all_number;

// result
// 2293Month   ≈ 191 year
// total_all_number: 107999999.98941
junyuanshao
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February 10, 2019, 07:40:16 PM
 #6

The current plan is to test the network and launch the main network in the next few months. Documentation will then be completed.
ZolexEcosystem
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February 10, 2019, 08:09:16 PM
 #7

If interested we will list your coin on Zolex for free when you make it to mainnet!
junyuanshao
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February 10, 2019, 09:23:26 PM
 #8

If interested we will list your coin on Zolex for free when you make it to mainnet!

That's a good.
notsofast
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February 11, 2019, 01:58:34 AM
 #9

Watching. I like to see that Pyramus got here first.

twitter.com/notsofast
fonship
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February 11, 2019, 02:31:24 AM
Last edit: February 11, 2019, 02:41:28 AM by fonship
 #10

Watching. I like to see that Pyramus got here first.

I think you did not realize this is copy of Arionum(ARO)?
Check their GitHub code and there are many reference left in code, which they might have forgot to delete....lol
also, every techincal aspects are same as ARO. Economics including block reward structure, fee are same as ARO.
Not sure why they are not open to accept they are forking ARO?

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February 11, 2019, 02:44:23 AM
 #11

Watching. I like to see that Pyramus got here first.

I think you did not realize this is copy of Arionum(ARO)?
Check their GitHub code and there are many reference left in code, which they might have forgot to delete....lol
also, every techincal aspects are same as ARO. Economics including block reward structure, fee are same as ARO.
Not sure why they are not open to accept they are forking ARO?

Could still be worth mining if enough is done differently with it, but good catch.

twitter.com/notsofast
bogdanadnan
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February 11, 2019, 05:04:42 AM
 #12

For the moment there is nothing done different than on ARO. The code is almost copy paste, the ideas are the same. They could at least try to improve some stuff in there if they want to use ARO as a base, and also to give credit to project they are using as reference. Otherwise this looks more as a cheap copy paste stuff than an "origin"al chain.
junyuanshao
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February 11, 2019, 06:24:45 AM
 #13

First of all, aro is a great coin and idea. We have referred to the implementation principle.

We and ARO are totally different currencies, in which the synchronization principle and data structure are referred to ARO, and the class library is basically rewritten, just the same as the file name.

Light-miner.php is fork and has changed something, which is explained in the source code.

About the algorithm: It's also different, aro has done five hash calculations, we have two.

For miners, we are floating reward, that is, we will dynamically adjust the block reward according to the difficulty.

The future direction of development is also completely different, aro's description is to do the circulation of money in the direction of the web. What we want to do, however, is the side chain of the resource class.

This is the difference that I can think of at present. If you really compare the code completely instead of the file name, you will know that there is no copy and paste, because initially we wanted to use threads extension to achieve synchronization, and finally abandoned it because of poor versatility.
lovesmayfamilis
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February 11, 2019, 06:38:07 AM
 #14

what happened to the site? Huh Huh Huh

junyuanshao
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February 11, 2019, 06:43:32 AM
 #15


The website is still under construction. At present, only
http://forum.originchain.io
projectOne
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February 11, 2019, 11:04:44 AM
 #16

http://t1.originchain.io/explorer.php?q=address&data=2j7bgeD9vZDsgG5z9vJEZ3qRFqaVCb3MizMgS3RF7b7Ynw2v3ZvUGRkm2LiAQZGptYJ1NNrcrn9TGzCwjM1kiHyi

what about pre-mined 55 milion coins here? more that 50% of theoretical max supply? ouch. and I can't see it mentioned anywhere, only blockexplorer says so
konstant111
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my only address Eth: 0xa3beBBea49563A6D6D....


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February 11, 2019, 11:42:32 AM
 #17

when the site and additional information on the project will be ready, when at least one pool will be ready, thank you

STOP ERC20 SCAMS
xberg
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February 11, 2019, 01:13:43 PM
 #18

Copy and paste of open source ARO. No credits given. No explanation of why a fork was made.
My recommendation: don't touch this coin with a long pole. If interested, look at ARO.
junyuanshao
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February 11, 2019, 01:34:33 PM
 #19

http://t1.originchain.io/explorer.php?q=address&data=2j7bgeD9vZDsgG5z9vJEZ3qRFqaVCb3MizMgS3RF7b7Ynw2v3ZvUGRkm2LiAQZGptYJ1NNrcrn9TGzCwjM1kiHyi

what about pre-mined 55 milion coins here? more that 50% of theoretical max supply? ouch. and I can't see it mentioned anywhere, only blockexplorer says so

At this stage, it's testing the network. It's testing money. The main line will be empty.
JungleOnion
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February 11, 2019, 02:32:41 PM
 #20

what would make a miner even consider mining this coin? Don't get me wrong, it's nothing personal with the project. Is just that, mining is not profitable right now, and if you are going to be paying for costs just to be able to support a coin, you would double check this is the right way you're getting your money into crypto. Being a new coin, is really hard to convince people to invest in the coin. How is ORC different than any other mineable coin out there?
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