Post
Topic
Board Announcements (Altcoins)
Re: [OSC]OpenSourcecoin-- Online wallet launched @ http://coinbit.pw
by
r3wt
on 30/11/2013, 04:28:19 UTC
overtime, the value, steady production, and features will make this coin a winner. ask bcx he threw 3 th/s at it and couldn't even budge the block targets. like bitcoin, the stringent difficulty rules can sometimes lead to longer block times and a stranding effect, but in an electronic environment, OpenSourcecoin is proof that fast block times don't always mean less security, and give Sunny King credit for his thoughtfulness in designing Peercoin, which OSC is ultimately derived from.
Yeah, I noticed how the difficulty shifts with network hash rate rather than being stuck high when the power drops off. I've had transactions with some coins get stuck for hours or days when this happens. For applications where getting that first confirmation quickly is important it's a good feature.

BTW, I tried to get a p2pool set up. It connects to Ocoin and cgminer connects to it and finds blocks but they aren't propagated or recorded by the network, plus the payout is wrong. I'll do more hacking when I get time.

there are several pools already, such as osc.dsync.net which was the first functional pool, and is arguably the best. i think most people mine at coinex, but the dsync pools are known for finding more blocks per gh/s than any other. that could be just seen as my opinion, but coinex has had 150 ghs, but we'd be hitting a block every 5 minutes with less than 10