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Author Topic: UltraPoint Currency - Real Money for A Real World  (Read 7947 times)
fhsk45 (OP)
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January 01, 2018, 10:42:49 PM
Last edit: August 22, 2018, 10:31:14 PM by fhsk45
 #1

ULTRAPOINT: ( http://www.ultrapoint.org) is a new CryptoAsset based on Cryptonote/Monero technology.

http://www.ultrapoint.org/images/symbol-ultrapoint-square-450.png




INTRODUCCION

ULTRAPOINT (UPX) is a new CryptoAsset that uses Monero/Cryptonote technology to provide a high level of privacy and transaction security.

It is an open source project but with a large private team to promote its development and acceptance.
The objective of the ULTRAPOINT PROJECT  is not only to present a new asset, but to turn this asset into the most used on the planet.


FEATURES

High level of privacy
Unlinkable transactions
Untraceable payments
Blockchain analysis resistance
Adaptive parameters





SPECS

Coin Trading Symbol: UPX

POW ALGORITHM: CRYPTONIGHT

CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates.

MAX SUPPLY: 264 * 10-9

The initial number of atomic units is M = 18 * 109.

BLOCK BASE REWARD: SMOOTHLY VARYING

Uses a recurrence relation. Block base reward = (M - A) * 2-19 * 10-9, where A = number of atomic units that is on current circulation. The current money in circulation will be then: A * 10-9. That said, after the money supply emission, the block base reward is static to 7 UPX per minute and is treated as the minimum subsidy. It will be valuated to 0 UPX, when the total supply will be reached(The limit will be reached after more than 120 years!!!.). This means that Ultrapoint's total emission will forever increase by ~3679200 UPX annually, up to total supply.

BLOCK TIME: 60 SECONDS

PREMINE: UP TO 32 BLOCKS



ACADEMIC STUDY AND THEORY

ULTRAPOINT is a fork of Monero, which in turn was based on the CrytoNote protocol. ULTRAPOINT is backed by this previous academic research:

The CryptoNote Whitepaper
Initial Review of the CryptoNote Whitepaper
MRL-0001: A Note on Chain Reactions in Traceability in CryptoNote 2.0
MRL-0002: Counterfeiting via Merkle Tree Exploits within Virtual Currencies Employing the CryptoNote Protocol
MRL-0003: Monero is Not That Mysterious
MRL-0004: Improving Obfuscation in the CryptoNote Protocol
MRL-0005: Ring Signature Confidential Transactions



DOWNLOADS

Downloads for: Windows, Mac, Linux, Android, etc.

ULTRAPOINT DOWNLOADS: http://www.ultrapoint.org/downloads.html

GITHUB  https://github.com/ultrapoint



WALLET GENERATOR

Online (Paper Wallet) Generator: http://wallet.ultrapoint.org/

Online Wallet: http://web.ultrapoint.org


ANDROID APP: INSTALL HERE


ULTRAPOINT is virus free, you can see the scan in VirusTotal:
https://www.virustotal.com/#/file/671d3ed928c0a465882ab3311697fd3117ce504b88d1f83a050de943ddc1d36b/detection

SHA-256   671d3ed928c0a465882ab3311697fd3117ce504b88d1f83a050de943ddc1d36b




FAQs

For more details, see the FAQs general page: http://www.ultrapoint.org/faqs.html

Is it possible to do ULTRAPOINT mining??

YES. Everyone can start mining ULTRAPOINT with almost any modern computer.
On the DOWNLOADS PAGE you can download the software to start mining.
Available for Windows, Linux and Mac.

IMPORTANT: The total number of coins to be mined will take more than 120 years to complete.
pranazzs
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January 01, 2018, 11:19:36 PM
 #2


Sorry, Symbol UP has been used by UProject Token erc20.
Why do not you use other symbols ??
for example, XUP / ULP / UPoint etc.
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January 03, 2018, 02:47:08 AM
 #3

Is this functioning?  It doesn't appear to be.
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January 03, 2018, 02:55:21 AM
 #4



Here is the logo.
cryptobaboon
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January 03, 2018, 03:24:46 AM
 #5

ULTRAPOINT: ( http://www.ultrapoint.org) is a new CryptoAsset based on Cryptonote/Monero technology.






INTRODUCCION

ULTRAPOINT (UP) is a new CryptoAsset that uses Monero/Cryptonote technology to provide a high level of privacy and transaction security.

It is an open source project but with a large private team to promote its development and acceptance.
The objective of the ULTRACOIN PROJECT  is not only to present a new asset, but to turn this asset into the most used on the planet.


FEATURES

High level of privacy
Unlinkable transactions
Untraceable payments
Blockchain analysis resistance
Adaptive parameters





SPECS

Coin Trading Symbol: UP

POW ALGORITHM: CRYPTONIGHT

CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates.

MAX SUPPLY: 264 * 10-9

The initial number of atomic units is M = 18 * 109.

BLOCK BASE REWARD: SMOOTHLY VARYING

Uses a recurrence relation. Block base reward = (M - A) * 2-19 * 10-9, where A = number of atomic units that is on current circulation. The current money in circulation will be then: A * 10-9. That said, after the money supply emission, the block base reward is static to 7 UP per minute and is treated as the minimum subsidy. It will be valuated to 0 UP, when the total supply will be reached(The limit will be reached after more than 120 years!!!.). This means that Ultrapoint's total emission will forever increase by ~3679200 UP annually, up to total supply.

BLOCK TIME: 60 SECONDS

PREMINE: UP TO 32 BLOCKS



ACADEMIC STUDY AND THEORY

ULTRAPOINT is a fork of Monero, which in turn was based on the CrytoNote protocol. ULTRAPOINT is backed by this previous academic research:

The CryptoNote Whitepaper
Initial Review of the CryptoNote Whitepaper
MRL-0001: A Note on Chain Reactions in Traceability in CryptoNote 2.0
MRL-0002: Counterfeiting via Merkle Tree Exploits within Virtual Currencies Employing the CryptoNote Protocol
MRL-0003: Monero is Not That Mysterious
MRL-0004: Improving Obfuscation in the CryptoNote Protocol
MRL-0005: Ring Signature Confidential Transactions



DOWNLOADS

Downloads for: Windows, Mac, Linux, Android, etc.

ULTRAPOINT DOWNLOADS: http://www.ultrapoint.org/downloads.html

GITHUB  https://github.com/ultrapoint


WALLET GENERATOR

Online (Paper Wallet) Generator: http://wallet.ultrapoint.org/

Online Wallet: http://web.ultrapoint.org



FAQs

For more details, see the FAQs general page: http://www.ultrapoint.org/faqs.html

Can ULTRAPOINT be mined?

YES. Everyone can start mining ULTRAPOINT with almost any modern computer.
On the DOWNLOADS PAGE you can download the software to start mining.
Available for Windows, Linux and Mac.

IMPORTANT: The total number of coins to be mined will take more than 120 years to complete.

A lil bit of help with the images. Good luck with the project!
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January 03, 2018, 04:46:07 AM
 #6

The time when this one reaches its limit is not sensible. Maybe at that time, crypto is already obsolete and the crypto world already evolves into something magical.  Tongue
GraBitCoin
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January 03, 2018, 05:03:50 AM
 #7

The time when this one reaches its limit is not sensible. Maybe at that time, crypto is already obsolete and the crypto world already evolves into something magical.  Tongue

Is it possible to call reasonable the use of crypto currency, which is not provided with any tangible assets?)))
fhsk45 (OP)
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January 03, 2018, 05:46:45 AM
Last edit: May 27, 2018, 06:11:59 AM by fhsk45
 #8

Yeah, the project is fully operational, running at 100%.
Just install the applications for Windows, Linux or Mac and start mining.  You can also receive or send points/coins.

Or install the Android App (We will soon have a version for tablet mining.).

More downloads:
http://www.ultrapoint.org/downloads.html

***************************************************

Is this functioning?  It doesn't appear to be.
fhsk45 (OP)
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January 03, 2018, 06:02:00 AM
Last edit: May 27, 2018, 06:05:18 AM by fhsk45
 #9

Regarding the time period we want to express that:
1- It is a long-term project
2. You can do mining all your life, because there are enough coins for everyone (for years).

We know that everything evolves.  Just as the computer became obsolete to make way for smartphones and tablets, we know that cryptos will evolve. In fact, we want and are changing the course of cryptocoins.

We are working with current coins, but we will go much further, ULTRAPOINT will be used in the corner shop to buy a coffee because we are already working on launching the debit card.

And in some months we will release new versions.

The time when this one reaches its limit is not sensible. Maybe at that time, crypto is already obsolete and the crypto world already evolves into something magical.  Tongue
fhsk45 (OP)
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January 03, 2018, 06:09:46 AM
 #10

Before, the dollar was backed by a physical asset: gold.
Nixon changed that and now the dollar is not backed by gold.

Bitcoin is not backed by any physical assets.
Ether either.

ULTRAPOINT however is already being supported in some countries by physical products because it was created as a dual asset, in which people from various countries of the world decided to join together to create an asset that is usable for real-world transactions.




The time when this one reaches its limit is not sensible. Maybe at that time, crypto is already obsolete and the crypto world already evolves into something magical.  Tongue

Is it possible to call reasonable the use of crypto currency, which is not provided with any tangible assets?)))
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January 27, 2018, 10:55:12 PM
 #11

From the beginning, the purpose of this project developer was to offer a complete service for his project token, because in this market dev has no limitations on the capital and losses
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February 27, 2018, 09:56:16 PM
 #12

Hello.  Is this project still in development?

I would like to know more from the developer about the real uses.
jlaranjeiro
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February 27, 2018, 09:57:31 PM
 #13

Is this project alive?
fhsk45 (OP)
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February 28, 2018, 04:17:00 AM
 #14

Yes, the project is fully operational, You can see the explorer and you can also do mining.

http://www.ultrapoint.org/downloads.html.

You can install the android app to send and receive UPXs:

http://www.ultrapoint.org/download-android-app-playstore.html



Is this project alive?

eliastt
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February 28, 2018, 04:21:32 AM
 #15

Yes, the project is fully operational, You can see the explorer and you can also do mining.

http://www.ultrapoint.org/downloads.html.

You can install the android app to send and receive UPXs:

http://www.ultrapoint.org/download-android-app-playstore.html



Is this project alive?


Good to see that it is still active.

What are the future plans?

Any next steps?
fhsk45 (OP)
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February 28, 2018, 04:29:53 AM
 #16

The project is already operational, 100% functional. You can start mining with software for Windows, Linux and Mac.

An Android version is also available(http://www.ultrapoint.org/download-android-app-playstore.html). There is a web version http://web.ultrapoint.org/and a creator of paper wallets (cold storage) http://wallet.ultrapoint.org/.

Actual uses:
At the moment it is being distributed as bonus, gift points, etc.

It is being used to pay for goods and services on certain pages, and offline businesses (see the "ecosystem" page on the project site).

It is being bought and sold online, and face-to-face (UltraPoint is intended to be used as a daily currency).

The ecosystem continues to grow, currently the registration process is under way in several Exchanges.



Hello.  Is this project still in development?

I would like to know more from the developer about the real uses.
fhsk45 (OP)
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February 28, 2018, 04:38:56 AM
 #17


See roadmap (of the project):

http://www.ultrapoint.org/roadmap.html

You can also see private enterprises.

http://www.ultrapoint.cash



Yes, the project is fully operational, You can see the explorer and you can also do mining.

http://www.ultrapoint.org/downloads.html.

You can install the android app to send and receive UPXs:

http://www.ultrapoint.org/download-android-app-playstore.html



Is this project alive?


Good to see that it is still active.

What are the future plans?

Any next steps?

jlaranjeiro
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February 28, 2018, 10:58:18 AM
 #18

The project is already operational, 100% functional. You can start mining with software for Windows, Linux and Mac.

An Android version is also available(http://www.ultrapoint.org/download-android-app-playstore.html). There is a web version http://web.ultrapoint.org/and a creator of paper wallets (cold storage) http://wallet.ultrapoint.org/.

Actual uses:
At the moment it is being distributed as bonus, gift points, etc.

It is being used to pay for goods and services on certain pages, and offline businesses (see the "ecosystem" page on the project site).

It is being bought and sold online, and face-to-face (UltraPoint is intended to be used as a daily currency).

The ecosystem continues to grow, currently the registration process is under way in several Exchanges.



Hello.  Is this project still in development?

I would like to know more from the developer about the real uses.

Can you show proof of some of your statements?

Which exchanges (proof, please)
I don´t see any merchants accepting this crypto, your site states some companies, but they do not exist...
The roadmap is quite vague, can you explain more in detail what is the plan for this year.
Where is the coin being distributed?
Who are the team members?
fhsk45 (OP)
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March 03, 2018, 05:01:31 AM
 #19

Go straight to the site for more information, the forum is not something that is updated daily.
About the exchange sites it has already been written previously that this is in the process of registration. Check the answer above.

Examples of sites:
About sites that accept, here you have one (mentioned in the ecosystem)
http://www.corentt.info

sites that distribute coins:
https://www.ultrapoint.cash

There are more.

As mentioned earlier, in this first stage ULTRAPOINT  is distributed mostly face-to-face, because it is intended to be a daily coin, for shopping in the corner store.


We are working on several stages of the project, but we advise you to do so:

 * Start mining (Windows, linux, server)
 * Enter the github repository
 * Download the Playstore app

To sell your coins write to info@ultrapoint.org and there we give you a list of buyers/sellers according to your country.


If you want more information, check out the project site that is being updated.

fhsk45 (OP)
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March 03, 2018, 05:05:12 AM
 #20

Go straight to the site for more information, the forum is not something that is updated daily.
About the exchange sites it has already been written previously that this is in the process of registration. Check the answer above.

Examples of sites:
About sites that accept, here you have one (mentioned in the ecosystem)
http://www.corentt.info

sites that distribute coins:
https://www.ultrapoint.cash

There are more.

As mentioned earlier, in this first stage ULTRAPOINT  is distributed mostly face-to-face, because it is intended to be a daily coin, for shopping in the corner store.


We are working on several stages of the project, but we advise you to do so:

 * Start mining (Windows, linux, server)
 * Join to team (Enter the github repository)
 * Download the Playstore app

To sell your coins write to info@ultrapoint.org and there we give you a list of buyers/sellers according to your country.


If you want more information, check out the project site that is being updated.


The project is already operational, 100% functional. You can start mining with software for Windows, Linux and Mac.

An Android version is also available(http://www.ultrapoint.org/download-android-app-playstore.html). There is a web version http://web.ultrapoint.org/and a creator of paper wallets (cold storage) http://wallet.ultrapoint.org/.

Actual uses:
At the moment it is being distributed as bonus, gift points, etc.

It is being used to pay for goods and services on certain pages, and offline businesses (see the "ecosystem" page on the project site).

It is being bought and sold online, and face-to-face (UltraPoint is intended to be used as a daily currency).

The ecosystem continues to grow, currently the registration process is under way in several Exchanges.



Hello.  Is this project still in development?

I would like to know more from the developer about the real uses.

Can you show proof of some of your statements?

Which exchanges (proof, please)
I don´t see any merchants accepting this crypto, your site states some companies, but they do not exist...
The roadmap is quite vague, can you explain more in detail what is the plan for this year.
Where is the coin being distributed?
Who are the team members?
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