Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined

[BARR_Official]

RE: coin supply, probably worth to deduct burned ones on the info page. More then 7M burned already, making UIS even more rare.

Am I counting right, this is 20% of total coins?

That is correct, one fifth of all Unitus.

We will probably be over a third soon, about 12 million.

[1715283540]

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[1715283540]

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[1715283540]

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[nzsquirrell]

RE: coin supply, probably worth to deduct burned ones on the info page. More then 7M burned already, making UIS even more rare.

Am I counting right, this is 20% of total coins?

That is correct, one fifth of all Unitus.

We will probably be over a third soon, about 12 million.

Network info page (http://unitus.nutty.one/network) now showing mined, burnt and remaining supply values. Market value also updated to reflect burnt value.

[nzsquirrell]

New Reddit tipbot for Unitus is alive - https://redd.it/4001zy

[flound1129]

Multipool.us is now offering merged mining of Unitus with all X11 coins.  Please update OP.

Thanks.

[BARR_Official]

We've now burned 13 Million UIS, so the total coin supply has been reduced by over 37%.

Since these coins are now 37% more rare, maybe people will stop dumping them so cheap.

[HarryPorter]

We've now burned 13 Million UIS, so the total coin supply has been reduced by over 37%.

Since these coins are now 37% more rare, maybe people will stop dumping them so cheap.

     thats a lots...

See no reason, why people dumping coin while UIS turn into up trend - that's not to cleaver I think, unless they want less profits then could get it.

[nzsquirrell]

Coinmarketcap.com now showing the correct supply, taking into account the burnt coins. See http://coinmarketcap.com/currencies/unitus

Unitus 0.9.6 Released

See http://unitus.nutty.one/wallets for more details + downloads, but essentially we are hardforking @ block 450,000 onwards until finally at 455,000 when Lyra2re2 goes live.

[WhyMe]

Blocks import in progress on the new wallet

EDIT : hop, first block mined on the new wallet, just few minutes after launched it

EDIT2 : seriously, can we keep blake algo ?

[nzsquirrell]

EDIT2 : seriously, can we keep blake algo ?

let me guess... your solo mining blake and are mining every blake block? quite profitable that

but also insecure, as one miner can easily claim 20% of the coin's network strength. hence the change to something that's likely to see a far greater spread of hashrate

[pallas]

EDIT2 : seriously, can we keep blake algo ?

let me guess... your solo mining blake and are mining every blake block? quite profitable that

but also insecure, as one miner can easily claim 20% of the coin's network strength. hence the change to something that's likely to see a far greater spread of hashrate

miners quickly adapt to what's profitable.
in general, you can eventually find some profitable chains, but it will be a small coin with low volume.
that is, unless you have a much faster miner, which can happen much more easily on less used algos than on the more common ones.

[WhyMe]

EDIT2 : seriously, can we keep blake algo ?

let me guess... your solo mining blake and are mining every blake block? quite profitable that

but also insecure, as one miner can easily claim 20% of the coin's network strength. hence the change to something that's likely to see a far greater spread of hashrate

Exactly, my 6950 represents ~100% of the blake hashrate since 1 or 2 days, so all last blake blocs are mine
What's the future for UIS ?

[jwinterm]

EDIT2 : seriously, can we keep blake algo ?

let me guess... your solo mining blake and are mining every blake block? quite profitable that

but also insecure, as one miner can easily claim 20% of the coin's network strength. hence the change to something that's likely to see a far greater spread of hashrate

Exactly, my 6950 represents ~100% of the blake hashrate since 1 or 2 days, so all last blake blocs are mine
What's the future for UIS ?

No more blake

I guess there really is nothing to merge mine with there. I tried to mine some Unitus on qubit with Myriad the other day, and I got no blocks on Unitus after like a day using two cards cause diff is so much higher than Myriad, so I guess there's some other coins using qubit (Digibyte I guess).

[nzsquirrell]

I guess there really is nothing to merge mine with there. I tried to mine some Unitus on qubit with Myriad the other day, and I got no blocks on Unitus after like a day using two cards cause diff is so much higher than Myriad, so I guess there's some other coins using qubit (Digibyte I guess).

Solo mining anything other than Blake or Skein right now is going to be like that, massive variability in block time. Best to jump on a pool, or run one yourself 

What's the future for UIS ?

What do you want the future to be? Remember the idea behind Unitus was it was meant to be a community coin. Apart from one or two people who have contributed, there's been very little community support or ideas .... apart from the usual moaning and groaning that people in crypto seem to do. If you have an idea - make it reality or find people who you can work with to make it a reality.

[rentodev]

Few questions:

 - Is there any coin out there which has 5 PoW algos and plus it is also PoS??? What would be benefits of such a coin?
 - What could UIS adapt from projects like Ethereum or MaidSafe? What would it take to implement those functionalities?

[myriadcoin]

Why not add sha and scrypt and have 7 algorithms?

[BARR_Official]

Why not add sha and scrypt and have 7 algorithms?

There are so many sha and scrypt asics that people could get Unitus "for free" and constantly dump it.  Part of the problem is that Bitcoin and Litecoin are worth so much more than Unitus.  If people are already paying for electricity with their "main" coins, then they can still profit by selling their merged coins at any price.  SHA and Scrypt might be the biggest drain on Myriad's price, and X11 is already a smaller version of that problem for Unitus.

The best scenario for merged mining is 2 coins with similar overall hashrate and market price, so that people don't consider the smaller coin an extra that they can throw away for nothing.

[rentodev]

Poloniex

On 2/8/2016, the following markets will be delisted: CMNT, HIRO, NXTI, XAI, CHA, OPAL, CYC, URO, UIS, HUGE, PRC, JLH.
Posted by MobyDick at 2016-01-25 06:29:00

I think this is the last place where UIS can be traded. Any ideas of an exchange who could support UIS?

[HarryPorter]

I think this is the last place where UIS can be traded. Any ideas of an exchange who could support UIS?

... you mean to miners could keep dumping their stash?

[diks]

Poloniex

On 2/8/2016, the following markets will be delisted: CMNT, HIRO, NXTI, XAI, CHA, OPAL, CYC, URO, UIS, HUGE, PRC, JLH.
Posted by MobyDick at 2016-01-25 06:29:00

I think this is the last place where UIS can be traded. Any ideas of an exchange who could support UIS?

may be
https://yobit.net/en/addcoin/
https://safecex.com/

[WhyMe]

May be the fork will change interest for the coin !
Or not ...

From 0.00000039 to 0.00000024 in less than 24h