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Board Announcements (Altcoins)
Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 11/02/2019, 13:34:33 UTC
http://t1.originchain.io/explorer.php?q=address&data=2j7bgeD9vZDsgG5z9vJEZ3qRFqaVCb3MizMgS3RF7b7Ynw2v3ZvUGRkm2LiAQZGptYJ1NNrcrn9TGzCwjM1kiHyi

what about pre-mined 55 milion coins here? more that 50% of theoretical max supply? ouch. and I can't see it mentioned anywhere, only blockexplorer says so

At this stage, it's testing the network. It's testing money. The main line will be empty.
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Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 11/02/2019, 06:43:32 UTC
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Board Announcements (Altcoins)
Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 11/02/2019, 06:24:45 UTC
First of all, aro is a great coin and idea. We have referred to the implementation principle.

We and ARO are totally different currencies, in which the synchronization principle and data structure are referred to ARO, and the class library is basically rewritten, just the same as the file name.

Light-miner.php is fork and has changed something, which is explained in the source code.

About the algorithm: It's also different, aro has done five hash calculations, we have two.

For miners, we are floating reward, that is, we will dynamically adjust the block reward according to the difficulty.

The future direction of development is also completely different, aro's description is to do the circulation of money in the direction of the web. What we want to do, however, is the side chain of the resource class.

This is the difference that I can think of at present. If you really compare the code completely instead of the file name, you will know that there is no copy and paste, because initially we wanted to use threads extension to achieve synchronization, and finally abandoned it because of poor versatility.
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Board Announcements (Altcoins)
Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 10/02/2019, 21:23:26 UTC
If interested we will list your coin on Zolex for free when you make it to mainnet!

That's a good.
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Board Announcements (Altcoins)
Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 10/02/2019, 19:40:16 UTC
The current plan is to test the network and launch the main network in the next few months. Documentation will then be completed.
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Board Announcements (Altcoins)
Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 10/02/2019, 16:50:40 UTC
Quoted it for you, it's that your account is too new so pictures won't show up. What's the total supply?



Total theoretical amount: 108 000 000

In theory, it can not be achieved, because it is a floating reward, and the number of rewards will be adjusted according to the difficulty, so the total amount should not reach 70% of the maximum total amount.

Code for total testing:
Code:
$total_all_number=0;
$x=100;  //start reward
echo '1Month    Coin Number:'.(360*$x*30).'    Maximum theoretical reward:'.$x."\n";
$i=2;
$total_all_number=(360*$x*30);
while (true) {
$x=$x*0.99;
$total_all_number=$total_all_number+(360*$x*30);
echo $i.'Month    Coin Number:'.(360*$x*30).'    Maximum theoretical reward:'.$x."\n";

if ($x<=0.00000001) {
break;
}
$i=$i+1;
}
echo 'total_all_number: '.$total_all_number;

// result
// 2293Month   ≈ 191 year
// total_all_number: 107999999.98941
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Topic
Board Announcements (Altcoins)
Re: [ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 10/02/2019, 16:05:08 UTC
Not very good at this forum procedure, it seems that the picture can not be uploaded.So the format doesn't have too many edits.
The infrastructure of the project is also under construction. Of course, we would like to devote more energy to solving the technical problems of the project, rather than spend time beautifying the interface.
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Topic OP
[ANN] [ORC] | originchain | GPU+Masternode | PHP Based |Floating reward|Test Net
by
junyuanshao
on 10/02/2019, 15:43:00 UTC
http://forum.originchain.net/data/attachment/forum/201902/10/123858em1uh1m51qf18nsn.png

Test network


Intro

ORIGINCHAIN, short for orc, is a PHP-based block chain that provides resource docking for web applications, such as text, numbers, pictures, urls, even accounts, graphic validation codes, resource index, torrent, Magnet URI scheme......

PHP is more conducive to the docking of web programs, especially for web dev. This will be a perfect combination.

Direction
We will devote ourselves to the development of decentralized data storage systems. Unlike network sharing, which takes up a lot of hard disks. It will face Web-level storage, field-based storage and indexing, such as pictures, text, even search engines, website directories.

It will be divided into two stages:

Phase 1: Perfecting the basic main network is also our task at this stage.
Phase 2: Implementing Functions

Specifications

Name:Orignchain
Symbol:Orc
Blocktime: ~ 4 minutes
Fee: 0.5%
Theoretical maximum:110,800,001
Miningreward: Dynamic reward, initial 1-100,decrease by 1% each 10800 blocks (approx 1 month)
BlockHash: sha512
Miningalgorithm: Argon2i + SHA512(two)
SignatureAlgorithm: ECDSA's secp256k1 curve
DBBackend: MySQL / MariaDB
Destruction mode: Beginning with block 10, each block will be destroyed up to 95% and at least 5%, calculated according to difficulty.

Phase 1: Roadmap:  http://forum.originchain.net/forum.php?mod=viewthread&tid=2
  • Test network
  • Block Explorer
  • Pool
  • Windows php bundle
  • Windows GUI Wallet
  • Windows GUI Miner
  • API
  • JSON-RPC API
  • Add to exchanges
  • Web Wallet
  • Alias system
  • Masternodes
  • Linux GUI Wallet
  • Mac GUI Wallet
  • Open blocks DB interface for user and dev



Download
Nodesource code:  https://github.com/originchainio/test
Poolsource code:  https://github.com/originchainio/pool
Light Miner For PHP:  https://github.com/originchainio/php-light-miner


Links
Officialwebsite: http://www.originchain.net
Blockexplorer: http://n1.originchain.net/explorer.php
Forum: http://forum.originchain.net

It
Twitter:  https://twitter.com/originchainio
Telegram: http://t.me/originchain

Pools
OfficialPool:  http://pool.originchain.net/

Guides
HowTo Setup (and Secure) an OrcMasternode [Ubuntu Guide]:
https://github.com/originchainio/test/blob/master/INSTALL_README.md

Exchanges