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Author Topic: (c ͡|Q ͜ʖ ͡o) [ANN][OPC] OPEC Coin POS stage, 2% per month. TipBot here!  (Read 110771 times)
luya518
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June 02, 2014, 09:50:09 AM
 #121

[OPC] OPEC Coin launches: 2 June 2014, 15:00 GMT
(moved 3 hours earlier)
https://www.altcoincalendar.info/coins/515-OPC - countdown!





Website   |   Twitter   |   Github   |   Windows wallet   |   Reddit   |   Email

OPEC (Organization of the Petroleum Exporting Countries) is an international organization and economic cartel whose mission is to coordinate the policies of the oil-producing countries.

OPEC Coin goal is to provide petroleum exporting countries an alternative way to receive payments for oil that they export. We believe that this ambitious goal is quite achievable and OPEC Coin dev team along with OPEC Coin community will do our best in order to get there.

The ultimate goal for OPEC Coin is to be backed by the total dollar amount of oil produced in OPEC countries per day, i.e. 1 OPEC Coin will be equivalent to 1 barrel of oil produced from OPEC countries per day. Therefore, trading in OPEC coins will be equivalent to trading in the price of oil and total OPEC countries oil production in barrels per day. OPEC Coin goal:

 1 OPC = 1 BARREL OF OIL  


OPEC Coin Specs

Name: OPEC Coin [OPC]
Algo: X13 (ASIC resitant!)
Block time: 45sec
Block reward:
Blocks1:
Premine
       (Premine block)
Blocks2-100:
1
OPC (No istamine blocks)
Blocks101-1100:
220
OPC (Libyan blocks)
Blocks1101-2100:
3340
OPC (Iraqi blocks)
Blocks2101-3100:
2830
OPC (Iranian blocks)
Blocks3101-4100:
2690
OPC (UAE blocks)
Blocks4101-5100:
2550
OPC (Kuwaiti blocks)
Blocks5101-6100:
2460
OPC (Venezuelan blocks)
Blocks6101-7100:
1920
OPC (Nigerian blocks)
Blocks7101-8100:
1600
OPC (Angolan blocks)
Blocks8101-9100:
1120
OPC (Algerian blocks)
Blocks9101-10100:
700
OPC (Qatari blocks)
Blocks10101-11100:
550
OPC (Ecuadoran blocks)
Blocks11101-12100:
9400
OPC (Saudi blocks)

Last POW block 12,100  (6 days 6 hours of mining)
Total POW coins: 30,360,610 OPC
Block retarget: 20 blocks
POS interest: 2% per month during the first 10 years, 5%/year thereafter
Coins stake after 10 hours
Confirmations per transaction 4
Coins mature after 50 blocks
Total coins (POW + 10 years of POS) 316,280,490 OPC
Premine: 0.3% Will be used for further OPEC Coin development, promotions and negotiations with OPEC Country representatives.


During the POW stage block reward will change 12 times as there are 12 OPEC member countries. There will be 12.5 hours of mining for each POW block reward stage in honor of every one of these 12 countries. Blocks will reward coins according to each country's oil production quota

Nodes and Ports

p2pport=soon
rpcport=soon
addnode=soon
addnode=soon

Block Explorer

Block Explorer - bounty 2,500 OPC (PM me)

Wallets

Windows wallet - coming soon...
Linux wallet - coming soon...
Mac wallet - bounty 2,500 OPC (PM me)

Pools

Pool operators: Please contact us via PM or just post in this topic

http://opc.pool.mn
http://opc.hashhot.com
http://opc.0feepool.com
http://opc.suvpool.com/
http://www.zpool.co
http://opec.minerpools.com/

For pool operators : python stratum x13 hash submodule
https://github.com/OPEC-Coin/x13_hash

Exchanges

Coming soon...
Vote for OPEC Coin! https://sharexcoin.com/votings?coin=OPC
Exchange #1 (2000 OPC Bounty)
Exchange #2 (2000 OPC Bounty)
Exchange #3 (2000 OPC Bounty)
Exchange #4 (2000 OPC Bounty)
Exchange #5 (2000 OPC Bounty)

How to mine X13

Read this post
https://bitcointalk.org/index.php?topic=623409.0

Tranlstions

Russian translation (translated by invisiblem11. Bounty of 200 OPC will be sent when OPEC Coin launches.)
French translation (tranlated by cedre. Bounty of 200 OPC will be sent when OPEC Coin launches)
Chinese Translatioin (tranlated by hero18688. Bounty of 200 OPC will be sent when OPEC Coin launches)
Persian translation 1 (translated by Sinohe88. Bounty of 200 OPC will be sent when OPEC Coin launches.)
Persian translation 2 (translated by oktay50000. Bounty of 200 OPC will be sent when OPEC Coin launches.)
coming soon...
coming soon...
Spanish translation (translated by Wolf Rainer. Bounty of 200 OPC will be sent when OPEC Coin launches.)
coming soon...
German translation (translated by LivingDeath. Bounty of 200 OPC will be sent when OPEC Coin launches.)
coming soon...
Dutch translation (translated by BlackB. Bounty of 200 OPC will be sent when OPEC Coin launches.)
coming soon...

Faucets

http://cryptoarrow.com/faucets/opec/index.php - will be working when OPEC Coin launches

Bounties

Every1 who's eligible to receive a bounty please PM OPEC Coin Dev your OPC wallet address when you'll get one (Countdown till launch)

Block explorer = 2,500 OPC
Mac wallet = 2,500 OPC

Video 1 = 2,000 OPC
Video 2 = 2,000 OPC
Video 3 = 2,000 OPC
Games 1 = 1,000 OPC
Games 2 = 1,000 OPC
Games 3 = 1,000 OPC
Exchange 1 = 2000 OPC
Exchange 2 = 2000 OPC
Exchange 3 = 2000 OPC
Exchange 4 = 2000 OPC
Exchange 5 = 2000 OPC
Merchants = 2,000 OPC
Faucet 1 = 1,000 OPC (reserved for animalroam)
Faucet 2 = 1,000 OPC
Faucet 3 = 1,000 OPC
Blog Posts & Articles = 200 OPC Each
Translations = 200 OPC Each
OPEC Coin Strategy = 5,000 OPC
Chinese (completed by hero18688. Bounty of 200 OPC will be sent when OPEC Coin launches.)
Russian (completed by invisiblem11. Bounty of 200 OPC will be sent when OPEC Coin launches.)
Persian 1 (completed by Sinohe88. Bounty of 200 OPC will be sent when OPEC Coin launches.)
Persian 2 (completed by oktay50000. Bounty of 200 OPC will be sent when OPEC Coin launches.)
Vietnamese (reserved for deathchuck2)
Polish
Spanish (completed by Wolf Rainer. Bounty of 200 OPC will be sent when OPEC Coin launches.)
German (completed by LivingDeath. Bounty of 200 OPC will be sent when OPEC Coin launches.)
Greek
Italian (reserved for Wolf Rainer)
Dutch (completed by BlackB. Bounty of 200 OPC will be sent when OPEC Coin launches.)
French (completed by cedre. Bounty of 200 OPC will be sent when OPEC Coin launches)
Korean
Other Things - Please contact us if you think we've missed something very useful for the OPEC Coin
Oil Industry Education = 10 x 100 OPC for most informative/fun posts/links here in this thread that are related to Oil Industry.

Places to spend OPEC Coin

Coming soon...

OPEC Coin strategy

We need comunity help in order to achieve our main goal:
1 OPC = 1 Barrel of Oil
Please post your thoughts here in this thread. There is a bounty of 5,000 OPC for the best strategy! Together we can do it!

Oil Industry Education

Interesting/fun links related to Oil Industry
OPEC Basket Price
The Largest Oil Rig in The World (Youtube Video)

People say about OPEC Coin on other websites and forums

OPEC Coin thread translated to Russian at Btcsec.ru forum - (thanks to invisiblem11. Bounty of 100 OPC will be sent when OPEC Coin launches.)
Added OPEC Coin information and lauch time (thanks to CryptoLaunch. Bounty of 200 OPC will be sent when OPEC Coin launches.)
OPEC COIN LAUNCHING TODAY, THE FIRST CRYPTOCURRENCY BASED ON A CARTEL The Cryptocurrency Times

OPEC Coin FanArt



By DoctorG


By DoctorG


By DoctorG
Chinese forumhttp://www.btclt.cn/thread-3385-1-1.html
BlackB
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June 02, 2014, 09:51:12 AM
 #122


Thanks for your hard work, BlackB! Added your translation to the original post. PM me your wallet when OPEC Coin launches!

You have only put the wrong flag before it Smiley
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June 02, 2014, 09:51:44 AM
 #123

how do i mine this, can i use the same miner i use to mine x11 coins.  Huh

here's a good guide on how to mine OPEC Coin with pools
https://bitcointalk.org/index.php?topic=633593.msg7062014#msg7062014

thanks got it now. Wink

OPEC oc2E9cQ4StgaMW2a18pKuZGe5h9RZdLL9c

Non nobis solum, sed omnibus! - Franko

Ɖ ~ DSNJ49NdZM4KjLHfPSYEGWKRn7wSC4bWqi
OPEC Coin Dev (OP)
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June 02, 2014, 09:55:53 AM
 #124


Thanks for your hard work, BlackB! Added your translation to the original post. PM me your wallet when OPEC Coin launches!

You have only put the wrong flag before it Smiley

oops sorry..
Fixed!
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June 02, 2014, 10:11:14 AM
 #125


I will do my best!  Cheesy
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June 02, 2014, 10:31:34 AM
 #126


I also wish a smooth launch! And after launch devs stick around! Wink
cheers
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June 02, 2014, 10:43:57 AM
 #127


I also wish a smooth launch! And after launch devs stick around! Wink
cheers

I am not goint anywhere untill 1 OPC = 1 barrel of oil!
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June 02, 2014, 10:50:39 AM
 #128

Quote from: OPEC Coin Dev
I am not goint anywhere untill 1 OPC = 1 barrel of oil!
Brent or WTI Crude? Wink
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June 02, 2014, 10:56:12 AM
 #129

Quote from: OPEC Coin Dev
I am not goint anywhere untill 1 OPC = 1 barrel of oil!
Brent or WTI Crude? Wink

OPEC Basket
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June 02, 2014, 11:09:36 AM
 #130

Opec will be launched in less than 4 hours, Zpool will be ready !

Simple and effective. It just works.

No registration, use your wallet as username, and whatever as password
You can already point you miner to : stratum+tcp://stratum.zpool.co:3039
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June 02, 2014, 11:20:20 AM
 #131

new bs story to the same old scam  Roll Eyes
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June 02, 2014, 11:23:09 AM
 #132

Please try to get dedicated or suprnova for the launch, thank you Smiley

                ▐▒▄
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BEXAM
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OPEC Coin Dev (OP)
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June 02, 2014, 11:29:30 AM
 #133

Please try to get dedicated or suprnova for the launch, thank you Smiley

Can you please contact them? I did PM them dedicated and suprnova owners but they didn't respond
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June 02, 2014, 11:31:39 AM
 #134

I'm on pool.mn , im hoping that they have their shit together at launch.

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June 02, 2014, 11:31:56 AM
 #135

What is the IRC channel?
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June 02, 2014, 11:35:48 AM
 #136

I'm on pool.mn , im hoping that they have their shit together at launch.
Blocks just at 1 at start, so not so hugh deal..
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June 02, 2014, 11:37:15 AM
 #137

new bs story to the same old scam  Roll Eyes

Many oil producing countries have been trying to split from the Petrodollar for a long time now (i won't go into details but many will know that generally oil is only bought/sold in USD and why) so best of luck in getting cryptocurrency acceptance Tongue

Reguardless a fool is easily parted with their money etc etc
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June 02, 2014, 11:40:59 AM
 #138

If the first block contains 1 coin and they mature after 50 blocks...that would mean it would take 2250 seconds or about 37 minutes before the block reward goes up, correct?

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June 02, 2014, 11:51:58 AM
 #139

Dear Dev.

Is the 0.3% premine based on the total number of PoW coins, or is it 0.3% of the total amount of PoW+PoS?

Used a little bigger font so you cant miss the question this time.

hi!
sorry for missing your posts there
yes we've got a premine of 0.3% of the total amount coins produced. PoW+PoS
All premined coins will be stored in transparent wallets so every1 will see where these coins are spent

Hi dev, any idea at what date the premined coins will be stored in a transparant wallet?



Just to be clear. If you have a percentage of premine. It can be both. But if dev holds coin indef then of course pos will add up.

Sometimes with coin launches u get high premine but in this case its a Fraction


Premine shouldn't be a concern foranyone in this case.

Sent from phone!

Okay, so this is the devs second account or what? Stop talking BS that this premine is small and doesn't matter. This premine is HUGE and really matters. After 1 week there will be around 30,000,000 coins and the premine is around 1,000,000. We are talking about 3% here.
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June 02, 2014, 12:00:08 PM
 #140

I'm on pool.mn , im hoping that they have their shit together at launch.

Ive been on six launches this past 7 days. Pool.MN have been on all of them to start and tackled early problems such as forked block chain really quick.

You need to watch the pool dash fairly often on the first day. That's how they notify you of any issues.

Pool.MN had the problem of a fork on recent purecoin.

No problems,  they put a new port on the dashboard as soon as possible for you to change miner settings.

I missed it, but when I logged on 2 hours later it was there and I had lost 2 hours mining.

First thoughts - Whats going on RubberPool Huh (The Dev of Pool.MN)

Checked the thread first, and sure enough, Early forks due to release of source code to early (Coin Dev's Fault)


---
Suprnova good too. don't know if they are on this launch.

Smiley


Cool, I have faith in them! Got my bat and conf all setup...waiting on launch!

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