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Author Topic: [ANN][OC] Orangecoin ★★ POS ★★ Anon Transactions ★★ Masternodes  (Read 209471 times)
strawie
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April 29, 2014, 04:37:50 PM
 #301

haha I called it...well not exactly 100 satoshi but 150-200 is a steal. Volume to buy isnt there yet :/
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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April 29, 2014, 05:08:30 PM
Last edit: April 29, 2014, 05:48:51 PM by Philll90
 #302

haha I called it...well not exactly 100 satoshi but 150-200 is a steal. Volume to buy isnt there yet :/

Yeah I thought that too (150sat for a coin with only 50mil POWcoins) and bought some at such low prices. If it rise to an appropriate level of about 1000+sat I'll make some nice profits Smiley
Orangecoin (OP)
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April 29, 2014, 05:36:37 PM
 #303

Thanks for information about the mac wallet- very important- much mac users outside.

What is with the POS stage?

 Do you Devs have everything under control or do we all get Yellow coin problems?

Thanks for information

MAC Wallet https://mega.co.nz/#!pVYhiKjS!B9pqrkT2hy1lwkJ_oUCLHpg5ApI-nU_HOyFTHfxsoZ8

Ok. Firstly Yellow coin has a POS height too high meaning stake will take up to 3 years. Not a wise investment.
Code:
unsigned int nStakeMinAge = 60 * 60 * 24 * 1;	// minimum age for coin age: 1d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 1000;

Whitecoin had a broken unlimited time of POS.
Code:
unsigned int nStakeMinAge = 60 * 60 * 24 * 2;	// minimum age for coin age: 2d
unsigned int nStakeMaxAge = -1;

We chose a rational and realistic approach
Code:
unsigned int nStakeMinAge = 60 * 60 * 24 * 14;	// minimum age for coin age: 20d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 28;

In 14 days the network will start to generate pos blocks like crazy. We will produce no more POW blocks after block 10,000. Whitecoin is looking at implementing this and yellow coin hasnt.
Code:
static const int CUTOFF_POW_BLOCK = 10000;
if (IsProofOfWork() && nHeight > CUTOFF_POW_BLOCK)
return DoS(100, error("AcceptBlock() : No proof-of-work allowed anymore (height = %d)", nHeight));

With 10K block at 2 minutes will take 13.9 days at perfect timing, expect that to increase slightly and POW/POS network will be an an almost instantaneous switch.

We addressed both issues pre launch.
Orangecoin (OP)
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April 29, 2014, 05:44:10 PM
 #304

We also have coin control unlike yellowcoin and whitecoin for even control of coins to maintain a good POS rate.
Orangecoin (OP)
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April 29, 2014, 06:23:14 PM
 #305

When I try try to send coins from my wallet it says transaction creation failed....

Wallet sounds funny. Do you have a back-up?
barbmc193
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April 29, 2014, 06:34:33 PM
 #306

Problem solved DEV

Ty for help.

I really think this coin will go up, and I still have 100k that will not sell
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April 29, 2014, 06:36:27 PM
 #307

happy mined, just think it is a good coins
OC,go go ggo!!
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April 29, 2014, 06:39:51 PM
 #308

When I try try to send coins from my wallet it says transaction creation failed....

Wallet sounds funny. Do you have a back-up?

I've had similar issues with other wallets if I tried to send the entire contents and the amount display was more than the actual contents of the wallet ( possibly due to rounding errors? ). In my case, sending whole coin amounts, 5 instead of 5.12345678 for example, worked.

Hope this is helpful.
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April 29, 2014, 06:48:05 PM
 #309

Thanks for information about the mac wallet- very important- much mac users outside.

What is with the POS stage?

 Do you Devs have everything under control or do we all get Yellow coin problems?

Thanks for information

MAC Wallet https://mega.co.nz/#!pVYhiKjS!B9pqrkT2hy1lwkJ_oUCLHpg5ApI-nU_HOyFTHfxsoZ8

Ok. Firstly Yellow coin has a POS height too high meaning stake will take up to 3 years. Not a wise investment.
Code:
unsigned int nStakeMinAge = 60 * 60 * 24 * 1;	// minimum age for coin age: 1d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 1000;

Whitecoin had a broken unlimited time of POS.
Code:
unsigned int nStakeMinAge = 60 * 60 * 24 * 2;	// minimum age for coin age: 2d
unsigned int nStakeMaxAge = -1;

We chose a rational and realistic approach
Code:
unsigned int nStakeMinAge = 60 * 60 * 24 * 14;	// minimum age for coin age: 20d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 28;

In 14 days the network will start to generate pos blocks like crazy. We will produce no more POW blocks after block 10,000. Whitecoin is looking at implementing this and yellow coin hasnt.
Code:
static const int CUTOFF_POW_BLOCK = 10000;
if (IsProofOfWork() && nHeight > CUTOFF_POW_BLOCK)
return DoS(100, error("AcceptBlock() : No proof-of-work allowed anymore (height = %d)", nHeight));

With 10K block at 2 minutes will take 13.9 days at perfect timing, expect that to increase slightly and POW/POS network will be an an almost instantaneous switch.

We addressed both issues pre launch.


Very encouraging to find a dev who actually reviews the code and understands the logic! Too many simply copy/paste, change a few values and hope it works  Smiley
Orangecoin (OP)
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April 29, 2014, 07:07:54 PM
 #310

Yes, Yellow and White now have a hard battle.
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April 29, 2014, 07:09:40 PM
 #311

Respect- good communication, very fast- up to date.

For the technical side my knowledge is to less but thank you for such a transparency.

I am in all Colour- Coins- and I knew it from the beginn the Orange will be the winner of this game.

If everything works this will get a big investors coin. With the POS- system here, they will let money in like hell.

But only if nobody screws anything.


Big Respect when you will manage this- Everybody which has 100 k will be rich in 3-4 months.

Blessings on this beautiful Orange Coin.

THX from Berlin Grin

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April 29, 2014, 07:10:55 PM
 #312

Yes, Yellow and White now have a hard battle.

sorry so how long until POS coins start to generate? 20D until they show up in the wallet? sry for noobiness...
Specialkey
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April 29, 2014, 07:11:44 PM
 #313

And a perfect Mac Wallet. Thanks. Wink

It is a really pretty one.
qunity3d
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April 29, 2014, 07:12:01 PM
 #314

Contact admin Poloniex, he added to the coin and admin Mintpal, to coin added to a vote!
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April 29, 2014, 07:15:48 PM
 #315

And a perfect Mac Wallet. Thanks. Wink

It is a really pretty one.

You're welcome  Wink

1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
romeshomey
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April 29, 2014, 07:21:35 PM
 #316

patiently waiting for grapefruit coin.....

me too!
dleader
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April 29, 2014, 07:43:54 PM
 #317

patiently waiting for grapefruit coin.....

me too!

too bitter.
dleader
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April 29, 2014, 08:15:08 PM
 #318

decent buy support on bittrex ATM.



SUM (BTC)   TOTAL (BTC)   SIZE (OC)   BID (BTC)
0.4011   0.4011   160454.74429595   0.00000250
0.8803   0.4791   199642.49860500   0.00000240
1.3403   0.4600   200000.00000000   0.00000230
2.2574   0.9171   416869.86941900   0.00000220
2.3985   0.1411   70560.83263447   0.00000200
2.4103   0.0118   7812.91588300   0.00000151
2.5229   0.1126   75040.56238630   0.00000150
emrcan
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April 29, 2014, 08:29:40 PM
 #319

should rise
DKdance
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April 30, 2014, 02:01:33 AM
 #320

premine - as expected the geeks freak out over any premine, this premine is modest and the freak out is overplayed

my analysis:

1 % is MODEST
2-3 % is fair
5 % is limit.

When you consider it is a POS coin 5 % -> Yummy !

Only reason we die is because we accept the death I can tr. into French, seriously < 1-12 hours
[PHS] PhilosopherStone | PoS | No Premine | 50% annual
And if we should die tonight then we should all die together.
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