Bitcoin Forum
March 29, 2024, 02:30:53 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 »  All
  Print  
Author Topic: [ANN] oBTC  (Read 3873 times)
kazumi_opow (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
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

1711679453
Hero Member
*
Offline Offline

Posts: 1711679453

View Profile Personal Message (Offline)

Ignore
1711679453
Reply with quote  #2

1711679453
Report to moderator
1711679453
Hero Member
*
Offline Offline

Posts: 1711679453

View Profile Personal Message (Offline)

Ignore
1711679453
Reply with quote  #2

1711679453
Report to moderator
1711679453
Hero Member
*
Offline Offline

Posts: 1711679453

View Profile Personal Message (Offline)

Ignore
1711679453
Reply with quote  #2

1711679453
Report to moderator
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
ENGLAND$RUSSIA
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
March 18, 2021, 11:39:42 PM
 #2

Windows wallet Huh
rplant8
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
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)

...
rplant8
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
March 19, 2021, 10:38:42 AM
 #4

will the complexity ever increase? block time is about a second
Butterflyman
Newbie
*
Offline Offline

Activity: 58
Merit: 0


View Profile
March 19, 2021, 11:24:11 AM
 #5

This is an odd coin to mine Cool Shocked Is there a max supply?
matusik484
Jr. Member
*
Offline Offline

Activity: 101
Merit: 2


View Profile WWW
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

Exbitron (http://exbitron.com)
kazumi_opow (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
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
Jr. Member
*
Offline Offline

Activity: 211
Merit: 2


View Profile
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
ENGLAND$RUSSIA
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
March 19, 2021, 09:43:28 PM
 #9

exchange Huh
EL MAOGO
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
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
Jr. Member
*
Offline Offline

Activity: 211
Merit: 2


View Profile
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
Jr. Member
*
Offline Offline

Activity: 211
Merit: 2


View Profile
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
Jr. Member
*
Offline Offline

Activity: 211
Merit: 2


View Profile
March 19, 2021, 10:29:15 PM
 #13

Many coins are very difficult to set up. . Finally died...
kazumi_opow (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
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!
ENGLAND$RUSSIA
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
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
Jr. Member
*
Offline Offline

Activity: 211
Merit: 2


View Profile
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
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
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 (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
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
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 21, 2021, 04:25:54 AM
 #19

If you restart, why dont stop mining pool?
wanganxiu
Jr. Member
*
Offline Offline

Activity: 211
Merit: 2


View Profile
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
14136   28 minutes ago   16   50 OBTC   41%   2 of 100
14135   31 minutes ago   16   50 OBTC   158%   3 of 100
14134   42 minutes ago   16   50.000797 OBTC   61%   4 of 100
14133   about an hour ago   16   50 OBTC   180%   5 of 100
14132   about an hour ago   16   50 OBTC   16%   6 of 100
14131   about an hour ago   16   50.001316 OBTC   411%   7 of 100
14130   about an hour ago   16   50 OBTC   78%   8 of 100
14129   about 2 hours ago   16   50 OBTC   81%   9 of 100
14128   about 2 hours ago   16   50 OBTC   183%   10 of 100
14127   about 2 hours ago   16   50 OBTC   18%   11 of 100
14126   about 2 hours ago   16   50.001156 OBTC   22%   12 of 100
14125   about 2 hours ago   16   50 OBTC   78%   13 of 100
14124   about 2 hours ago   16   50 OBTC   118%   14 of 100
14123   about 2 hours ago   16   50.000989 OBTC   149%   15 of 100
14122   about 2 hours ago   16   50 OBTC   191%   16 of 100
14121   about 3 hours ago   16   50 OBTC   244%   17 of 100
14120   about 3 hours ago   16   50.001187 OBTC   51%   18 of 100
14119   about 3 hours ago   16   50 OBTC   62%   19 of 100
14118   about 3 hours ago   16   50 OBTC   25%   20 of 100
14117   about 3 hours ago   16   50 OBTC   41%   21 of 100
14116   about 3 hours ago   16   50 OBTC   119%   22 of 100
14115   about 3 hours ago   16   50.002096 OBTC   220%   23 of 100
14114   about 3 hours ago   16   50 OBTC   43%   24 of 100
14113   about 4 hours ago   16   50 OBTC   33%   25 of 100
14112   about 4 hours ago   16   50 OBTC   63%   26 of 100
14111   about 4 hours ago   4   50 OBTC   170%   27 of 100
14110   about 4 hours ago   4   50 OBTC   22%   28 of 100
14109   about 4 hours ago   4   50 OBTC   135%   29 of 100
14108   about 4 hours ago   4   50 OBTC   22%   30 of 100
14107   about 4 hours ago   4   50 OBTC   32%   31 of 100
14106   about 4 hours ago   4   50 OBTC   32%   32 of 100
14105   about 4 hours ago   4   50 OBTC   255%   33 of 100
14104   about 4 hours ago   4   50 OBTC   78%   34 of 100
14103   about 4 hours ago   4   50 OBTC   70%   35 of 100
14102   about 4 hours ago   4   50 OBTC   20%   36 of 100
14101   about 4 hours ago   4   50 OBTC   159%   37 of 100
14100   about 4 hours ago   4   50 OBTC   197%   38 of 100
14099   about 4 hours ago   4   50 OBTC   5%   39 of 100
14098   about 4 hours ago   4   50 OBTC   53%   40 of 100
14097   about 4 hours ago   4   50.002573 OBTC   2%   41 of 100
14096   about 4 hours ago   4   50 OBTC   108%   42 of 100
14095   about 4 hours ago   4   50 OBTC   120%   43 of 100
14094   about 4 hours ago   4   50 OBTC   29%   44 of 100
14093   about 4 hours ago   4   50 OBTC   311%   45 of 100
14092   about 4 hours ago   4   50 OBTC   64%   46 of 100
14091   about 4 hours ago   4   50 OBTC   38%   47 of 100
14090   about 4 hours ago   4   50 OBTC   32%   48 of 100
14089   about 4 hours ago   4   50 OBTC   17%   49 of 100
14088   about 4 hours ago   4   50 OBTC   60%   50 of 100
14087   about 4 hours ago   4   50 OBTC   221%   51 of 100
14086   about 4 hours ago   4   50 OBTC   35%   52 of 100
14085   about 4 hours ago   4   50 OBTC   46%   53 of 100
14084   about 4 hours ago   4   50 OBTC   292%   54 of 100
14083   about 4 hours ago   4   50 OBTC   59%   55 of 100
14082   about 4 hours ago   4   50 OBTC   6%   56 of 100
14081   about 4 hours ago   4   50 OBTC   12%   57 of 100
14080   about 4 hours ago   4   50 OBTC   23%   58 of 100
14079   about 4 hours ago   4   50 OBTC   106%   59 of 100
14078   about 4 hours ago   4   50.00163 OBTC   96%   60 of 100
14077   about 4 hours ago   4   50 OBTC   83%   61 of 100
14076   about 5 hours ago   4   50 OBTC   144%   62 of 100
14075   about 5 hours ago   4   50 OBTC   60%   63 of 100
14073   about 5 hours ago   4   50 OBTC   12%   65 of 100
14072   about 5 hours ago   4   50 OBTC   260%   66 of 100
14071   about 5 hours ago   4   50 OBTC   131%   67 of 100
14070   about 5 hours ago   4   50 OBTC   20%   68 of 100
14069   about 5 hours ago   4   50 OBTC   10%   69 of 100
14068   about 5 hours ago   4   50.00001312 OBTC   173%   70 of 100
14067   about 5 hours ago   4   50.001458 OBTC   457%   71 of 100
14066   about 5 hours ago   4   50 OBTC   182%   72 of 100
14065   about 5 hours ago   4   50 OBTC   165%   73 of 100
14064   about 5 hours ago   4   50 OBTC   7%   74 of 100
14063   about 5 hours ago   4   50 OBTC   173%   75 of 100
14062   about 5 hours ago   4   50 OBTC   35%   76 of 100
14061   about 5 hours ago   4   50 OBTC   135%   77 of 100
14060   about 5 hours ago   4   50 OBTC   339%   78 of 100
14059   about 5 hours ago   4   50.001692 OBTC   217%   79 of 100
14058   about 6 hours ago   4   50 OBTC   108%   80 of 100
14057   about 6 hours ago   4   50 OBTC   43%   81 of 100
14056   about 6 hours ago   4   50 OBTC   193%   82 of 100
14055   about 6 hours ago   4   50 OBTC   38%   83 of 100
14054   about 6 hours ago   4   50 OBTC   248%   84 of 100
14053   about 6 hours ago   4   50 OBTC   167%   85 of 100
14052   about 6 hours ago   4   50 OBTC   173%   86 of 100
14051   about 6 hours ago   4   50 OBTC   15%   87 of 100
14050   about 6 hours ago   4   50 OBTC   44%   88 of 100
14049   about 6 hours ago   4   50 OBTC   77%   89 of 100
14048   about 6 hours ago   4   50 OBTC   29%   90 of 100
14047   about 6 hours ago   4   50 OBTC   91%   91 of 100
14046   about 6 hours ago   4   50 OBTC   20%   92 of 100
14045   about 6 hours ago   4   50.001624 OBTC   93%   93 of 100
14044   about 6 hours ago   4   50 OBTC   512%   94 of 100
14043   about 6 hours ago   4   50 OBTC   3%   95 of 100
14042   about 6 hours ago   4   50 OBTC   19%   96 of 100
14041   about 6 hours ago   4   50 OBTC   5%   97 of 100
14040   about 6 hours ago   4   50 OBTC   53%   98 of 100
14039   about 6 hours ago   4   50 OBTC   81%   99 of 100
14038   about 6 hours ago   4   50 OBTC   16%   100 of 100
14037   about 6 hours ago   4   50 OBTC   154%   PAID
14036   about 6 hours ago   4   50 OBTC   81%   PAID
14035   about 6 hours ago   4   50 OBTC   239%   PAID
14034   about 7 hours ago   4   50 OBTC   122%   PAID
14033   about 7 hours ago   4   50.001729 OBTC   32%   PAID
14032   about 7 hours ago   4   50 OBTC   10%   PAID
14031   about 7 hours ago   4   50 OBTC   86%   PAID
14030   about 7 hours ago   4   50 OBTC   70%   PAID
Pages: [1] 2 3 4 5 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!