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Author Topic: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World  (Read 305488 times)
guarani
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October 12, 2017, 07:03:16 AM
 #2441

I see some relation to the Ethereum price, when Ethereum goes up, Ubiq goes down.
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October 12, 2017, 11:26:55 PM
 #2442

Finally this coin is re-testing the 20 - 25k range. Maybe after this we can get a real rise instead of that janky pump crap like late August.

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October 13, 2017, 01:25:25 PM
 #2443

I see some relation to the Ethereum price, when Ethereum goes up, Ubiq goes down.
I have been watching this market for months now.  Typically Ubiq has a delayed correlation to Eth.  Whatever Eth does Ubiq does shortly afterwards. 
Zer0Sum
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October 13, 2017, 05:43:46 PM
 #2444

Ubiq is THE project i believe in crypto, i'm here since my beginning in crypto and i will hold untill the moon, best project

WHY do you think is the best project, WHY do you like UBQ?

It doesn't matter what I think, but serious Devs are moving their tokens to UBQ.

For example, Cryptopia Devs moved DOT... and today GEO Devs announced swap...
Get ready for a deluge of swaps because standalone chains are vulnerable to attack.

Also, easy to swap... both Bittrex and Cryptopia have automated UBQ swaps  Cool
stumpper98
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October 13, 2017, 08:35:37 PM
 #2445


Getting close to dropping out of the top 100 Tongue

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October 13, 2017, 08:51:25 PM
 #2446


Where can I get more info on "swaps"?  What does a swaps do for UBQ?

Does "swap" = moving from current chain to UBQ chain?

CryptoProfy
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October 13, 2017, 09:10:07 PM
 #2447

The project looks interesting, but a little bit complicated.

Can't get what the main killer feature is?
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October 13, 2017, 09:35:13 PM
 #2448

Ubiq (UBQ) is a basically enterprise ready Ethereum. It uses versions/code that have already been tested by Ethereum network and this way creates a foolproof Dapp platform. Stable, tested products are really important to large corporations and since Ethereum is still in Beta phase, Ubiq has a nice proposition.
We already have Ubiq in our longterm portfolio but seeing as it's currently at a bargain price it doens't hurt to add a lot these days! Also, when Ethereum gains more and more attraction the coming days, Ubiq should be a good candidate to benefit from that. In our opinion a 2x trade opportunity within a month.
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October 14, 2017, 05:56:45 AM
 #2449

Ubiq (UBQ) is a basically enterprise ready Ethereum. It uses versions/code that have already been tested by Ethereum network and this way creates a foolproof Dapp platform. Stable, tested products are really important to large corporations and since Ethereum is still in Beta phase, Ubiq has a nice proposition.
We already have Ubiq in our longterm portfolio but seeing as it's currently at a bargain price it doens't hurt to add a lot these days! Also, when Ethereum gains more and more attraction the coming days, Ubiq should be a good candidate to benefit from that. In our opinion a 2x trade opportunity within a month.

that is what i thought when i bought it for 0.00043600. now the price is 0.00021273. hell yes, buy it now and you will make a lot of profit before i will.

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October 15, 2017, 12:41:09 AM
 #2450

more profit now 0.00018 , will be 0000001 soon  Grin
asusx
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October 15, 2017, 12:51:33 AM
 #2451

ubq will go larger...



good thing takes time...keep calm buddy
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October 15, 2017, 01:19:13 AM
 #2452

ubq will go larger...



good thing takes time...keep calm buddy

Let's hope so. I'm still mining UBQ.

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October 15, 2017, 12:58:36 PM
 #2453

Ubiq is THE project i believe in crypto, i'm here since my beginning in crypto and i will hold untill the moon, best project

WHY do you think is the best project, WHY do you like UBQ?

Maybe because its the same as Ethereum? It is established, stable and in the future smart contract block chains will be more valuable.
Ethereum is the king now, but smart contract is still not that popular although it is gaining speed. I imagine when it becomes widely accepted that similar to Ethereum projects will be valued much.

Banks are interested in the smart contacts technology and some are testing it right now to see how they can integrate it into their current financial services.

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asusx
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October 16, 2017, 12:00:31 AM
 #2454

soon world will know UBQ.. currently dev is doin some "job"... lets wait... <3
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October 16, 2017, 06:40:42 AM
 #2455

soon world will know UBQ.. currently dev is doin some "job"... lets wait... <3

I'd love to know it. I have just bought some UBIQ coins and believe it will shoot to the moon soon!  Smiley Smiley Smiley
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October 16, 2017, 06:53:05 AM
 #2456

Im currently mining Both DUBAICOIN and UBIQ.

what are the advantages (in terms of creating smart contracts / security etc...) that UBIQ have that DUBAICOIN doesn't?
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October 16, 2017, 03:25:17 PM
 #2457

Ubiq is THE project i believe in crypto, i'm here since my beginning in crypto and i will hold untill the moon, best project

WHY do you think is the best project, WHY do you like UBQ?

Maybe because its the same as Ethereum? It is established, stable and in the future smart contract block chains will be more valuable.
Ethereum is the king now, but smart contract is still not that popular although it is gaining speed. I imagine when it becomes widely accepted that similar to Ethereum projects will be valued much.

UBQ is simply a cut/paste of EXP !!!  Roll Eyes   #no brainer ===>

https://poloniex.com/exchange#btc_exp

That's exactly what it is but worse.
coolkudos
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October 16, 2017, 03:35:01 PM
 #2458


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This is almost correct, gubiq is on 1.5.12 which is 3 months old now. This is a core value of UBQ to not implement new upgrades unless they are security related, or they have been in-the-wild on Ethereums chain for a long enough period of time to get vetted/tested in a real world system. This is part of the "UBQ is designed to be a stable platform" goal.

"not implement new upgrades unless they are security related" yea right.

Quote
If the OP had read the latest quarterly report, they would have seen that upgrades are being made to bring gubiq in line with the latest geth release. This should be done within a month or so if I had to guess, as somewhat recently one of the devs posted the longggg list of merge conflicts which need to be reconciled to complete the upgrade.

Development work is done inside either a development branch or in a private repo, and then changes are merged with the working branch. That's why it can appear as though work isn't being done on the core node software.

So then where is it?

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The swap from Ethereum's difficulty re-adjustment algo was originally to Digibyte's Digishield algo. This was never hidden, they were given full credit for it. However, during launch week the Digishield algo was having a very difficult time keeping block times consistent with the 88 second block time specification. It was leading to very long or very short blocks, and massive swings in difficulty which were causing problems for the miners and the network overall.

Digishield was modified to include a difficulty retargeting "window" type mechanism. This modified algorithm is called Flux.

so they upgraded a couple variables and gave it a new name.

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  • I'll correct my monetary policy critique they added some if/elses based on block height truly revolutionary stuff

I'm happy to see they tried walking their original statement back here. Ethereum uses a constant 5 ETH reward for every block until the end of eternity, or until they switch to PoS. That's fine but it results in a lot of inflation forever. I haven't seen any info on proposed PoS rewards, so they may be addressing this. This isn't a "bad" thing per-se, but UBQ decided to implement a more traditional inflation schedule which is defined up front. So it starts at 8 UBQ per block and reduces down to 1 UBQ per block, lowering by 1 UBQ per block per year. In about 5 months it will reduce from 8 to 7 per block, for example.

Well that is very revolutionary indeed.

Quote


The post linked even says this was just a low volume day. It was not uncommon for coins during this time period to have low volume. We were coming out of the tail end of a multi-year bear market almost across the board. Conditions have changed now and volume across the board for legitimate projects has come up nicely.


It was always a low volume day because it was a dead coin that they cornered.

Quote

I guess it depends on people's definitions of "premine". Premine is typically defined as coins which are mined/allocated up-front and given to the developers or to a "foundation" depending on how it's set up. In this case the coins were pre-allocated to users who signed up using a google form and signed a message with their old JBS private keys. These signatures combined with a snapshot of the blockchain were used to pre-allocate coins to users based on how much they held at the time of swap. This is all explained in the nucleus transparency report for those interested in learning more about the process:

https://medium.com/the-ubiq-report/nucleus-transparency-report-6496e444bd85


You are trying to move the goalpost. A premine is and has always been coins allocated up front.
Quote
Also explained in the transparency report, these funds are NOT for the devs. The funds are locked in a multisig wallet and the only transfers made out of that wallet are for folks who find older JBS wallets and submit a new claim for the swap. This was done to prevent users from getting left out of the swap in the event they were hospitalized, on vacation, or otherwise didn't pay attention to or forgot about the swap.

 Do you honestly think they didnt own the majority of the jumbucks they traded in? You would be a damn fool if you believed that.


Quote
Other stuff:

"...and the only ubiq dev works for bittrex fulltime."

Yep, one of the developers works for Bittrex. I don't see why this is considered a negative. The work they do for Bittrex in no way benefits UBQ, and considering Bittrex is as legally compliant as they are with the SEC and other regulators, would you expect them to allow a conflict of interest to form and expose them to legal liability? If anything it means that one of the Ubiq developers is of high enough caliber that Bittrex deemed them a worthy hire.

There are 2 primary developers who work on UBQ full time. There are 2 other developers who work on other projects related to UBQ (such as the Signum hardware), but these two developers don't get too involved with the wallet software. Then there are other members who help out with community, moderation, public outreach, marketing, etc...

As with any open source software project such as Ubiq, any developer can choose to create issues and/or pull requests and supplement development. There have been multiple, smaller, contributions from community members.


So no actual devs got it.

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Hopefully that helps to clear it up!
yea sure did.
Victorio
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October 16, 2017, 07:08:33 PM
 #2459

coolkudos,
Every day I check a couple of threads, including Expanse and Ubiq announcement threads - I have tokens on both chains. And I trust neither of them.
Recently, I have asked Expanse representatives questions that matter to me - PoW specifications, developer team structure, proof of membership in Ethereum Enterprise Alliance. All I got were accusations of being a troll and an Ubiq loyalist, neither of which are true.
My attention was caught by your comments, 90% of them are either in strong support of Expanse or in stronger despise of Ubiq.

Could you answer my questions regarding Ubiq:
1. What tokens are Ubiq based?
2. Which developer of Ubiq is/was an employee of Bittrex?
3. Why is there such hate between Ubiq and Expanse communities?

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October 17, 2017, 02:16:11 AM
 #2460

I dont think this garbage is ever going up again Cry Cry Cry
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