so this is option 3 what BN is suggesting, correct?



this could also make sense

(sorry in case the graphics hurt anyones eyes. Was quickly made in two minutes.)

so you say: 'wait a little and do nothing' , right?

could turn out to be an option especially if we can raise the marketcap a decent bit in the meantime.

would love to hear the devs optionions on all this  

option 3 would be: auxpow other coins with uno in which case uno remains unchanged. I  think that's what you're suggesting, BN, correct?

Maybe that option 3 is a good way for now.

 
which is good to keep in mind. So we can merge with btc and still be the faster coin.


i've made tow graphics for the ideas (I'm really bad with paint   )

Does any of this make sense?

option 1 -uno auxpow with btc and other coins auxpow with uno


option 2: uno auxpow with everyone


does option two bring security concerns?
Is this even possible?


In my mind the best option would be a 5 times higher marketcap and not change at all but in case it can't be reached within months we'd probably consider some of this.

if we implement auxpow with btc we wouldn't have to sacrifice the 3-minute-blocks or would we?
Chains would still be seperate and in case bitcoin looses steam we can still go with option "a" and invite other coins to auxpow with uno, right?

Before we can really challenge bitcoin we'd need a sustained value of 20$ to 100$ a coin at least me thinks.

Would be merging with btc seen as admitting defeat? I don't think so. It would only show uno cares about being secure.
So if we can't reach a much higher price for a coin soon we should actually really consider the merging with btc. It could be looked at as temporary too as uno could adapt to a changing environment in case bitcoin fails, right?

----------

what about the idea of implementing auxpow with btc and inviting other smaller coins to auxpow with uno? Is it possible? Because if it would be i could imagine some miners with weaker hardware would mine directly on uno and mine the smaller coins too which would be merged with uno, while the stronger miners mine bitcoin and uno, nmc, ixc ...
Is it an option this way?

so it's two ideas:
-implement auxpow in uno for btc, zet and many others at the same time
-implement auxpow with btc only and keep looking for smaller coins which on their side would implement auxpow with uno to accomodate the smaller miners

is this in the realm of possible?
Also: is there ways to merge with scypt coins or needs to be sha under any circumstances?

guys, we can have both, can't we?
We can implement auxpow with bitcoin and other coins can implement auxpow with uno still.
In case bitcoin doesn't make it uno is still a seperate chain and wouldn't suffer from any negative effects on the btc network, would it?

So why not have it all?

I think every sustainable and longterm increase in hashrate will give it even more value. So let's aim for the hash, right?

I think if we merge with btc and that would turn out to loose steam nothing is lost for uno or is it?

I'd recommend we go that way and see from there. Zeta isn't obviously ready to implement auxpow, they ask uno to do it which won't happen for zetacoin since they are the weaker network.
Zeta needs to implement auxpow for uno not the other way around. Merging with uno needs a change on zeta side which they don't want obviously so i don't think the zeta-option is even that hot right now (would only be hot if uno was weaker which it isn't).

Merge mining zeta and uno is a topic for zeta. As far i understand it uno doesn't even need to care about it. Either they decide to to it or they don't and do other things. It's not even in our realm to decide since a merge with zetacoin doesn't need uno to implement changes as far as i understand it.

What we can do:
a) we can continue invite other sha-coins to implement auxpow with uno on their side for wich uno doesn't need to change
or
b) we implement auxpow with bitcoin and be done with it in which case uno needs to fork

i hope i understand everything right. Are there other options or do i miss something?


idea:
Is there the option to implement auxpow with bitcoin and zetacoin aswell as with numerous other coins at the same time?
To say: implement auxpow for bitcoin and when we're at it we can implement auxpow for every other coin which we think makes it longterm. Is this a possibility? Will there security issues with that?


Implementing auxpow with a weaker chain only is a stupid move most likely.
Weaker networks implement auxpow with stronger ones generally - can this be said in that way?

(I'm no pro with this by any means)

i have an idea to drastically increase security but i can't code and nobody wants to buy it from me. I was even told by coders i can not have that idea because i am not a coder.
But i am also not willing to give it away for free so someone else get rich off my idea without giving me a slice of the pie. Here you go with the dilemma.

I decided to not release it at all and let people choke on this problem instead because not even these milionaires have spare coins to buy virgin ideas which could be groundbreaking.
Maybe get a patent later and sell that in case others can't improve on it.

Solutions are there but the programmers think they know it all and are lazy too.
It's not my problem in the end of the day.

Just spreading the word as there are solutions to every problem. The coin is around since 2013 and has great things coming. There is no reason to sell it right now or in the near future. If you're scared, don't buy it.


Got to wonder what your problem is with it in case there would be one.

And yes, we are doing amazing.

it's constant good news in here. I like that  


vote for uno here:
https://bitcointalk.org/index.php?topic=913172.0

+100

That's open source spirit.
Also important to have everyone on board with it.

Waiting for word from the devs.

ok, so we don't even need to wait for the bottom as it would still make sense to merge if btc would fall to double digits and as was told uno could still be mined solo.
You run with it, FK  - i trust your judgement with the matter.

i tweeted the overstock-CEO yesterday about uno  

@FK need to make sure we get pools supporting it - and a few of course so not to be at the whim of a single poolowner! We'd actually need to make sure as many pools as possible would add it. So we'd probably first have to make sure it's working out before even implementing anything.

I could even imagine a miracle at this point in case bitcoin takes another dive.

Maybe this time next year bitcoin implements auxpow for uno, who knows?
All we need is a longterm investor with deep pockets (not a pumper)

I'd expect a drop in hashrate for bitcoin soon tbh. That's the next story coming possibly in case the bearmarket continues.

As we have been reading there's the remote possibility it could even end bitcoin (https://bitcointalk.org/index.php?topic=912190.0)
especially since a drop in hashrate presents an opportunity for an attacker.

(scenario: Attacker gives additional hash before the drop causing a spike in difficulty for btc, then when the natural drop-out of miners happens due to low price the attacker would withdraw his hash from bitcoin too causing a massive drop in hash and causing bitcoin to get stuck on high difficulty with blocks solving taking hours, that situation would lead to further selloff and further drop in hash - in the event of this kind of attack bitcoin would need to hardfork or just be abandoned)

so there's quite some risks in bitcoin right now because the slow difficulty adjustment and the present opportuninty to attack it with fatal consequences. If that would happen you'd be pretty rich over night even without auxpow. 

Unobtanium adresses the problem bitcoin has with the constant sellpressure.

https://bitcointalk.org/index.php?topic=527500.0


and it's trustless and without premine - not like ripple a gamble on what the central authority decides to do next.

Uno is on a longterm uptrend since last July.

merchant adoption isn't even such an important thing for a commodity. Does your local supermarkt accept goldbars for payment? Does gold have no value because walmart doesn't take it as payment?

#justsayin'

one-time forking for that benefit shouldn't be too much hassle hopefully.
So it is like it says in this article the only ones being unhappy would be some of the current miners.

http://digiconomist.net/how-auxpow-affected-dogecoin-mining/


I think as it is presented now the benefits should far outweigh the downsides.
I personally think it's a good idea.

then it's a no-brainer, is it?  

any downsides to it?

then that's pretty cool.


Does it need a change in blocktime for uno? (hope not as that would be much slower)

thanks for clarification.

my last question would be:
Could Uno still be mined solo (without mining btc at the same time) after implementing auxpow in case of a fatal event with bitcoin (continued slow death)?  

i have been reading up on auxpow

It appears the parent chain doesn't need to be changed or updated. Only the weaker childcoin (example doge) would need implement auxpow.

so i think it's correct we face two options:

1) make uno a sheltercoin for many weaker alts which all would implement auxpow when they feel they need it - uno doesn't need to change for that (correct?)
2) merge mining with bitcoin - uno needs implement auxpow

can't have both, or can we?

Right now i'm not 100% convinced Btc network will survive on the long, long run.
What if it dumps pretty much to zero? What happens to uno then if it had auxpow with it?
In the event of bitcoin going down the toilet we would be better off to be a seperate, wouldn't we?
Can someone educate me on those questions?


(maybe wait for bitcoin to show it can hold the drink before auxpowing with it?)

transparency is coming!

https://beta.bittrex.com/Market/?MarketName=BTC-UNO

https://twitter.com/BittrexExchange/status/551878012220633089

i wish cryptsy had it too  

so who's the guy with the 687 Uno on bittex?  

Please don't store coins at exchange, thank you very much!

great new tool. Cryptsy needs that too!

whales be like:

pussyland is everywhere  

someone from sparta just bought 100

you get both in the market


okcoin sub 1900 now

waiting for bitcoin apocalypse - breaking super-longterm trend from since 2009 as we speak. Next panic can end bitcoin imo. (not saying it does)

interestings and rollercoasters ahead.