[Pre-Ann] [oo] Shock Coin (O_O) Launching this week! [X11] POW + POS

[btcshiner]

I guess if it's a coin for miners I can't help but be into it.

x11 that shit, make it short PoW with high block reward/low total supply, and keep a great featurelist tightly under wraps, to be revealed only in the final blocks of PoW.

I can understand X11 it's very available and efficient. But why short PoW?

Short PoW creates excitement around those late to the party. It does risk early miners dumping but if you can get a fun involvement engine going (like WTF or NOPE did) you can create enough post-PoW buy support to smooth out distribution from miners to those wanting to hold.

UTIL did this really well. (though it was also pumped by a group)

Don't make the pow to short.  It doesn't have to be years and years but make it more than a week.  Otherwise how could it truly be for miners?

At least a month but more like 6 months to a year or 2.  Maybe you can incorporate a balance between what he said UTIL did and what Doge did.  Seems like mining for a week or a couple of days will only produce a limited amount of coins to either be pumped and dumped or held and staked.  Not sure if merchants will really want to onboard and accept it.  And miners will be gone once pow is over.
What kind of timeframe were you thinking of?

[(O_O)]

how long the POW mining phase will run? and what are POS rates
could you please post more details about O_O


Edit:
your Suprnova.cc pool seems mining
https://oo.suprnova.cc/index.php?page=statistics&action=pool
looks like its mining EMC2

Still to be determined how long the POW phase will be and the POS rates. I am leaning towards shortish POW and low to moderate POS. Nothing crazy like.

[Odd Thomas]

You know what is it entirely necessary to do POS at all?

[CryptoTrout]

how do i pronounce this coin? i need to ask my mom for some money to buy it

[(O_O)]

I don't know. POS is popular and helps secure network. I think it's a must do.

You pronounce this coin: "oh oh"

[CryptoTrout]

thanks dev

[jeffersonairplane]

would mine it if it were x11 or similar, something more GPU friendly please  

[(O_O)]

I believe X11 will be the algo now. I welcome suggestions on how to handle the POS.

[(O_O)]

Edited in a bit more on first post. Going to sleep now. Please post more opinions and ideas. Thanks.

 

[kondiomir]

Scrypt was good choice. Why you change it  

Its fair to put on vote algo change.

[(O_O)]

I woke up thinking about a couple things. What do you all think of doing a small pre-mine to pay for things like getting added to an exchange or other service? What do you think of doing a ninja launch instead? I am just looking for opinions here. Thanks.

edit - I am open to more discussion on algo.

[1echo]

scam 100% - quit this

[public_key]

fuck off ,X11 crap 

[lifeforcepools]

Please remove lifeforce - we currently only do scrypt coins.

[(O_O)]

Please remove lifeforce - we currently only do scrypt coins.

Did not know that my apologies. Specifications are still not set in stone and launch is not yet set. Are you still in if it ends up being scrypt in the end?

[james42]

I'd like scrypt too, give my ASICs something to do

[unusualfacts30]

Can we have a logo competition for this?

 

[(O_O)]

scam 100% - quit this

This coin is in the formative stages and I have asked the community for their opinions and suggestions. This is not a moderated thread and I am not into censorship. I am curious as to your reasoning on why this is a scam.

edit- yes we can have a logo contest.

[lifeforcepools]

Please remove lifeforce - we currently only do scrypt coins.

Did not know that my apologies. Specifications are still not set in stone and launch is not yet set. Are you still in if it ends up being scrypt in the end?

perhaps - although I prefer to work with people who have a clear direction - but all long as your OP says X11 - please remove lifecorce.

[123sss]

when starting?