Orz

ORZ is the decentralized version of ORE with same code.

1 orz per minute, capped at 21 million.
Never close (Orz v2 is in progress).

[Orz @OrzSupply]

Since ORE v2 is such a shit, it's time meet Orz again.

The admin has been dropped, now it belongs to everyone.

@ore @HardhatChad

[Orz @OrzSupply]

3. Add "buffer-time" param for separating the mining and submission time.
4. By default, unclaimed ORE is calculated as staking

The above changes are under testing, and more data is needed for the improvement of Orz v2.

\end

[Orz @OrzSupply]

Since Ore v2 has been deployed on devnet, the Orz v2 is in progress too.

Major changes for Ore v2 (🫡@ore @HardhatChad):

1. Add drillx hash algorithm for anti GPU.
2. The higher difficulty of mining hash, the higher reward.

\1

[Orz @OrzSupply]

@XWL1013613 The Orz program can be updated, but the Orz token can not be modified.

[Orz @OrzSupply]

[About the admin]
Both Ore/Orz consist of two key components:
1. The Ore/Orz is a program, like EVM/Bitcoin Core
2. The ORE/ORZ is a token, like ETH/BTC

Both EVM & Bitcoin Core can be updated without affecting its security.
Neither ETH nor BTC can be destroyed.

[Orz @OrzSupply]

1/0 admin are not good choices, multi-signing is the better way to go. But only if there are trusted community developers.

OIP can help make Orz more fun, fair and engaging for more people to join it.

Ore v2 is very interesting but it's destined for commercialization.

[Orz @OrzSupply]

I may not be a good leader, but I keep my mind.

Polling on X isn't a good choice. Ore&Orz are both new competitive token models. Earlier miners have an advantage, but not absolute.
If you stop digging, you'll be caught up soon.
That why many early miners imported bots to the X.

[Orz @OrzSupply]

I highly recommend that people first try to understand Solana's PDA mechanism in detail, the admin can't control Orz token.

The reason I propose OIP is that it keeps Orz alive, it could get more fun, and if Ore has V2, then Orz could be upgraded too.

Orz - A community based Ore

[Orz @OrzSupply]

Now, Orz is 6th on solana contract leaderboard.

Through recent communications at X, I realize that a lot of people actually don't know enough about how Ore/Orz works.

First, the key to PoW is cost, and value is increased by two things - higher cost and more users.

[Orz @OrzSupply]

The reason I started Orz was not for the money and I am not seeking for a personal reputation, just simply because it's a very fair model of Token distribution that has never been done before, it's very cool and a lot of people want to ruin it, but it never close.

[Orz @OrzSupply]

@Guangzhang02 @hustwk @Souging_guagua @yghack Increased difficulty require admin sir.

[Orz @OrzSupply]

Thanks @yghack for setting up the ORZ's dashboard on dune.
https://t.co/NatbXnDZtM

[Orz @OrzSupply]

@Guangzhang02 @hustwk @Souging_guagua @yghack Orz is a competitive model, where those who leave are quickly overtaken by those who remain.

[Orz @OrzSupply]

@Guangzhang02 @hustwk @Souging_guagua @yghack People will probably come back as soon as it gets interesting again.