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Author Topic: [CENTER][B][SIZE=18pt]OCTCOIN (OCT) — SHA-512 Proof-of-Work]  (Read 93 times)
AshataNakaawa26 (OP)
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March 28, 2026, 08:30:13 PM
Last edit: March 30, 2026, 07:38:23 AM by AshataNakaawa26
 #1

"[Ashata Nakaawa] The Times 29/Mar/2026 — Digital currency challenges traditional banks"



What is Octcoin?
Octcoin is a new proof-of-work cryptocurrency based on Bitcoin Core, secured by the SHA-512 double hashing algorithm (SHA512d). It is designed for fair mining and decentralized distribution from day one.



Genesis Block
Code:

# ./genesis_miner.exe -t 1774724992 -b 0x1d03fffc
================================================================
  OCTCOIN GENESIS MINER SHA512 (Pure C++)
================================================================
  timestamp : [Ashata Nakaawa] The Times 29/Mar/2026 Digital currency challenges traditional
  pubkey    : 0417e50200999353e798931f...
  time      : 1774724992
  bits      : 0x1d03fffc
  value     : 5000000000 ata
  threads   : 8
  merkle    : aac7c47dc2b4069937aac1a4c25508be950caab9ba71ad7db0a849d401eaea34
================================================================

  Target    : 00000003fffc0000000000000000000000000000000000000000000000000000

[8 CPUs] [####..........................] 56.81M H/s | total: 672.82M | elapsed: 36s | ETA:

================================================================
  GENESIS FOUND !
================================================================
  nonce        : 659482044
  genesis hash : 00000000653efce6cafb0038c31d2ebe9c053af4c6c94cc2e4a8f311b3473969
  merkle root  : aac7c47dc2b4069937aac1a4c25508be950caab9ba71ad7db0a849d401eaea34
  time         : 1774724992
  bits         : 0x1d03fffc
  elapsed      : 36.9 sec
================================================================

  Copy into src/kernel/chainparams.cpp :

  genesis = CreateGenesisBlock(1774724992, 659482044, 0x1d03fffc, 1, 50 * COIN);
  assert(consensus.hashGenesisBlock == uint256{"00000000653efce6cafb0038c31d2ebe9c053af4c6c9
  assert(genesis.hashMerkleRoot == uint256{"aac7c47dc2b4069937aac1a4c25508be950caab9ba71ad7d



Network Parameters
  • P2P Port: 8555
  • RPC Port: 8554
  • Algorithm: SHA-512
  • Block Reward: 5000000000 ata


I reduced the difficulty to 0.25 (0x1d003fff) compared to Bitcoin 1. Initially, blocks will be found in less than 2 minutes, but as the difficulty adjusts, the block time will be adapted accordingly.



Telegram Community
[https://t.me/OctcoinCommunity]
[https://t.me/OctcoinCommunityChat]

Discord Community
[https://discord.gg/33G9XmeD4]

I am available here ashata.nakaawa@gmail.com for any questions and construction.

Mining starts now. Join the network.
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unnamed0simple
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March 28, 2026, 10:04:03 PM
 #2

block time?
scorpio18
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March 30, 2026, 11:17:45 AM
Last edit: March 30, 2026, 01:02:07 PM by scorpio18
 #3

Be careful with this guys, he is the same dev as this coin https://bitcointalk.org/index.php?topic=5578051.0 same algo, and he is using the same free domain as seed node jo3.org https://github.com/octcoins/octcoin/blob/34bbf843411dc79befe6c8841f4aeb13fee4e40e/src/kernel/chainparams.cpp#L148 , and on the seed node he advertised 78.138.17.61:8555 the port 8555 is not even open you can check for yourself here Open Port Checker

P.S: i even got banned from discord when i mentioned that is the same dev as basecoin

AshataNakaawa26 (OP)
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Today at 01:02:09 AM
 #4

You can check again whether port 8555 is closed on 78.138.17.61 or not.
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