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kazumi_opow
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March 18, 2021, 10:45:14 PM
Last edit: May 20, 2021, 01:37:25 PM by kazumi_opow
 #1

What is oBTC?

Optical Bitcoin [oBTC] is an experimental Bitcoin fork using oPoW, proof of work algorithm for optical computers developed by PoWx (www.powx.org).

What has been changed in the Bitcoin codebase?

The Proof of Work has been swapped for oPoW and the halving period has been doubled.

What is oPoW?

Optical Proof of Work, a hashcash derivative that is compatible with existing optical computers developed for AI.

Who is Behind PoWx?

The founders of PoWx are Michael Dubrovsky and Bogdan Penkovsky, however, there are many contributors. More details are available on Github: https://github.com/PoWx-Org/obtc-core/blob/master/README.md

Technology

See https://powx.org/opow

oBTC Codebase

https://www.powx.org/obtc

Individual Github links:
https://github.com/PoWx-Org/obtc-core/
https://github.com/PoWx-Org/obtc-pool
https://github.com/PoWx-Org/obtc-miner
https://github.com/PoWx-Org/obtc-bluewallet (Also available on Google Play https://play.google.com/store/apps/details?id=io.bluewallet.obtcwallet)
https://github.com/PoWx-Org/obtc-esplora
https://github.com/PoWx-Org/obtc-electrs

Current State of the Blockchain

As we are publishing this, the chain is at block height ~10 and is in the process of adjusting to the correct 10-min block time. The genesis block was empty (i.e. there was no pre-mine and the BTC transaction history was not preserved).

Project Goals

We outlined the value proposition of oPoW in our paper, blog posts, etc. over the last several years. The long-term goal is to shift the PoW ecosystem to low-energy computing, making the hashrate more resilient and enabling a much broader geographic distribution of mining. Please see www.PoWx.org

Disclaimer

This is an experimental network. We’re hoping that it’s usable and stable as is based on our testing, however, if you mine it, note that you are doing so at your own risk. We may have to relaunch the network in the future and coin balances may be lost. We will be posting updates on the state of development and critical upcoming milestones.

Update (May 2021): Although we did end up having to reset the network once shorty after publishing due to low initial difficulty, it has been stable for some months and will not be reset again without conserving balances.

Contact us

Please fill out the contact form on https://www.powx.org/

Contribute

https://www.powx.org/join-us

Donate to the project

BTC donations address: bc1qw2ktw8j2h5zat83fsx2mwjee6red8wl358ytnf6srg4lm65t98eqcdpzxk

oBTC donations address: bc1qgwsxekczx5qjua3guunp8d2ep0p3thas46ktvc

Questions?

We are all volunteers, so have limited time to field questions but here is a form you can fill out:

https://forms.gle/mbqxUjFaSypjenez7

We will check on this from time to time and do our best to answer. In the meantime, there are a lot of great resources on our website to review.

Mine oBTC on the official (beta):

http://pool.obtc.me/

Includes NVIDIA windows miner and cpu miner

4.5% fee to support dev team

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ENGLAND$RUSSIA
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March 18, 2021, 11:39:42 PM
 #2

Windows wallet Huh
rplant8
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March 19, 2021, 01:54:37 AM
 #3

2021-03-19T01:52:54Z New outbound peer connected: version: 70015, blocks=168, peer=0 (full-relay)
2021-03-19T01:53:05Z Synchronizing blockheaders, height: 168 (~100.00%)
2021-03-19T01:53:05Z Disconnecting outbound peer 0 -- headers chain has insufficient work
2021-03-19T01:53:05Z New outbound peer connected: version: 70015, blocks=169, peer=1 (full-relay)
2021-03-19T01:53:05Z Synchronizing blockheaders, height: 169 (~100.00%)
2021-03-19T01:53:05Z Disconnecting outbound peer 1 -- headers chain has insufficient work
2021-03-19T01:53:06Z New outbound peer connected: version: 70015, blocks=169, peer=2 (full-relay)

...
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March 19, 2021, 10:38:42 AM
 #4

will the complexity ever increase? block time is about a second
Butterflyman
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March 19, 2021, 11:24:11 AM
 #5

This is an odd coin to mine Cool Shocked Is there a max supply?
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March 19, 2021, 11:38:45 AM
Last edit: March 19, 2021, 02:24:56 PM by matusik484
 #6

EVERYONE!
I made unofficial (or) official oBTC Discord, where people can talk about all stuff (problems, mining etc..) releated to Optical Bitcoin.

I"m also asking devs to join Smiley @kazumi_opow

You can join here : https://discord.gg/JvPep78Ysa

LetsHash.it (https://letshash.it/)
Exbitron (http://exbitron.com)
kazumi_opow
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March 19, 2021, 02:33:16 PM
 #7

As I was saying in Discord (the one that Matusik484 posted https://discord.gg/JvPep78Ysa), it looks like we set the difficulty too low. We didn't expect so many people to start mining. (thanks for the interest!). Of course, we can't go to prod with the chain running 1-second blocks so we will have to reset with a higher diff genesis block after we do some more testing. We launched with 1 min blocks and thought it would adjust to ten over time Smiley.

We're figuring out where to get the hashpower to mine a high diff genesis and will post here when we are ready to relaunch.

wanganxiu
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March 19, 2021, 08:18:58 PM
 #8

Scam, be careful, if you want to restart, why not shut down the network. Many people are still mining. . Waste everyone's power, a team with no reputation. . . . Garbage items. He died in just one day after he came out
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March 19, 2021, 09:43:28 PM
 #9

exchange Huh
EL MAOGO
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March 19, 2021, 10:17:12 PM
 #10

As I was saying in Discord (the one that Matusik484 posted https://discord.gg/JvPep78Ysa), it looks like we set the difficulty too low. We didn't expect so many people to start mining. (thanks for the interest!). Of course, we can't go to prod with the chain running 1-second blocks so we will have to reset with a higher diff genesis block after we do some more testing. We launched with 1 min blocks and thought it would adjust to ten over time Smiley.

We're figuring out where to get the hashpower to mine a high diff genesis and will post here when we are ready to relaunch.


you are going to do a reboot ,,,,, if not, do not reboot
wanganxiu
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March 19, 2021, 10:25:00 PM
 #11

As I was saying in Discord (the one that Matusik484 posted https://discord.gg/JvPep78Ysa), it looks like we set the difficulty too low. We didn't expect so many people to start mining. (thanks for the interest!). Of course, we can't go to prod with the chain running 1-second blocks so we will have to reset with a higher diff genesis block after we do some more testing. We launched with 1 min blocks and thought it would adjust to ten over time Smiley.

We're figuring out where to get the hashpower to mine a high diff genesis and will post here when we are ready to relaunch.


you are going to do a reboot ,,,,, if not, do not reboot

At the beginning, the difficulty was very low, and then I entered a strong computing ability. Therefore, the block is produced quickly, and the difficulty gradually rises. It is normal. . . . I feel that the developers do not understand. . .
wanganxiu
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March 19, 2021, 10:27:45 PM
 #12

If the setting difference is very big, the difficulty is very high. . . So once a lot of miners leave. If you don’t make a block for several hours or even half a day, you can’t transfer money out. . .
wanganxiu
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March 19, 2021, 10:29:15 PM
 #13

Many coins are very difficult to set up. . Finally died...
kazumi_opow
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March 20, 2021, 01:36:14 AM
 #14

Please stop mining unless you just want to help us do testing. We will post here when we relaunch. We will make sure the diff is high enough right away at relaunch. If you're frustrated with us experimenting, please read the disclaimer in the original post... Thanks for all the interest again, we really didn't expect it!
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March 20, 2021, 05:20:16 AM
 #15

You should not restart anything as everything works very well , the only thing you need is more pools and decent exchanges
wanganxiu
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March 20, 2021, 10:30:51 AM
 #16

You should not restart anything as everything works very well , the only thing you need is more pools and decent exchanges

Developers have the right to speak. . . Restart whenever he wants
hubertzou
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March 20, 2021, 05:17:48 PM
 #17

You should not restart anything as everything works very well , the only thing you need is more pools and decent exchanges

restart is make sense, nobady should pay for ur mining cost when u stiill mining.
kazumi_opow
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March 20, 2021, 09:39:51 PM
 #18

Quick update:

We are fixing a few cosmetic things as well as working on relaunch with higher diff. It may be done earlier but we are targeting end of the month to relaunch. We will post here once we launch and in the discord.
vanhongan
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March 21, 2021, 04:25:54 AM
 #19

If you restart, why dont stop mining pool?
wanganxiu
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March 21, 2021, 03:17:33 PM
 #20

The team decision is too persistent. . . Yesterday the project just started and the block was produced very quickly. That was because a lot of miners were suddenly joined and the difficulty has not risen yet. . . . Many coins have low difficulty at the beginning, and blocks are produced very quickly. . . Including the early BTC is like this. . . Now stable

Now it’s stable. If the team insists on restarting, then this team is not worthy of trust.


14137   14 minutes ago   16   50 OBTC   193%   1 of 100
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