[ANN][USC] First merged minable scryptcoin UnitedScryptCoin, exchange available!

[#R#a#u#t#e#]

I like the litecoinpool! Mining there since early 2013.

They recently had a list of the mayor LTC Pools on there site including infos on hashrates. I checked most of them for the given LTC adress from OP. Result: negative, none of them is the big bad Mergeminer.

The only big one i did not check is "LiteGuardian" ...  This does not proof anything by the way!!
But maybe someone could check if the reward for blocks mined by them are sent to the given adress?

[KingGoon]

Est. Avg. Time per Round   6251 hours 30 minutes 38 seconds 

[united-scrypt-coin]

Status update:

Of the latest 557 blocks, 557 blocks are made by our mysterious merged miner. He/she seems adjust his/her mining power to ease our difficulty down (Thanks for that  ; you are probably reading this, please feel free to speak up!). A step down by a factor of four takes at least 4*3.5 days = 2 weeks.

Once our mysterious merged miner has < 50% of the blocks, normal growth of USC can begin.

[barwizi]

Instead of worrying too much about that, focus should be on creating a fix. i would introduce a this fix :- add a condition that if a block is not solved in a set given amount of time, difficulty returns to previous level or reduces by a certain amount. Regardless of which pool raped your coin, if you do not fix your own difficulty algo, any pool or individual with a farm can upset the diificulty with ease.

[mattle74]

Status update:

Of the latest 557 blocks, 557 blocks are made by our mysterious merged miner. He/she seems adjust his/her mining power to ease our difficulty down (Thanks for that  ; you are probably reading this, please feel free to speak up!). A step down by a factor of four takes at least 4*3.5 days = 2 weeks.

Once our mysterious merged miner has < 50% of the blocks, normal growth of USC can begin.

If someone could actually setup a working litecoin/scryptcoin merged mine with USC pool then it would probably help. Unfortunately, there isn't an out of the box solution available. p2pool is fine, but you would need to setup a custom backend to calculate shares submitted to distribute the USC evenly and a custom frontend to get user's USC wallet address. Have you thought about reaching out to some of the existing bitcoin merge mine enabled pools? They've obviously already set this system up before. Like Eligius or Bitparking?

[ahmed_bodi]

backend i could do easily its frontend which wouldnt be possible atm for me

[aa]

I didn't bother reading the thread so you may already know this: Litecoin is on 0.8.6.1, please update.

p2pool.lurkmore.com:9327 has merged mining going but I don't know how it'll end up paying out USC.

[united-scrypt-coin]

USC block with hash 58149cf0201c09a13acda604540f0d7d936b8004fd5fd497835449bdaf34faba was mined using WDC as a parent. I mined it.

Nice. I've added your proof to the announcement. Where shall I send the USC 100 bounty?

[united-scrypt-coin]

Instead of worrying too much about that, focus should be on creating a fix. i would introduce a this fix :- add a condition that if a block is not solved in a set given amount of time, difficulty returns to previous level or reduces by a certain amount. Regardless of which pool raped your coin, if you do not fix your own difficulty algo, any pool or individual with a farm can upset the diificulty with ease.

We can't battle a 51% with anything else than more hashpower.  Asymmetric difficulty adjustments will decrease security of the coin further. Our benevolent merged miner is currently the largest holder of USC, and therefore has an incentive to keep this coin alive.

[united-scrypt-coin]

I didn't bother reading the thread so you may already know this: Litecoin is on 0.8.6.1, please update.

p2pool.lurkmore.com:9327 has merged mining going but I don't know how it'll end up paying out USC.

New version expected this weekend.

[crazy72]

Hi

Just a doubt.
I configured p2pool under windows.
It created automatically a destination address in the litecoin wallet, but not in the Unitedscryptcoin wallett. Is it correct ?
At the moment I can see litecoin grow up but USC is still 0.
I used the --merged http://user@pass:unitedserveraddress port option.
But I don't see any gain on USC.

In the miner client I use my litecoin wallet as username.

What's wrong ?


thanks
Crazy

[barwizi]

whoever sets up a pool that merge mines every confirmed coin here is set to get rich

[united-scrypt-coin]

Hi

Just a doubt.
I configured p2pool under windows.
It created automatically a destination address in the litecoin wallet, but not in the Unitedscryptcoin wallett. Is it correct ?
At the moment I can see litecoin grow up but USC is still 0.
I used the --merged http://user@pass:unitedserveraddress port option.
But I don't see any gain on USC.

In the miner client I use my litecoin wallet as username.

What's wrong ?


thanks
Crazy

The difficulty of USC is crazy high. If you'd have 1 MH/s of hashing power, generating an USC block will take 11 days on average. Just have patience.  I expect difficulty to decrease in about 1.5 weeks.

Edit: merged mining in p2pool is merged solo mining. So LTC is mined in the pool, but USC is mined solo. If you find a USC block, it is entirely for you.

[theprofileth]

I again suggest that the retarget algo be something shorter like every 512 blocks instead of 2016 that way it adjusts about every day or so rather than every week.

[fcmatt]

whoever sets up a pool that merge mines every confirmed coin here is set to get rich

or the coin dies and it would be considered pre mined.

I have a user on my pool that brought this coin to my attention. If i read correctly this coin has source to integrate with p2pool but that is it. It seems the next step to get ltc pools on board is a patch to stratum and pushpool. Is this correct assumption?

[united-scrypt-coin]

I have a user on my pool that brought this coin to my attention. If i read correctly this coin has source to integrate with p2pool but that is it. It seems the next step to get ltc pools on board is a patch to stratum and pushpool. Is this correct assumption?

Stratum doesn't need to change, but the supplied coinb1 needs to contain the merged mining header and the hash returned by getauxblock.

pushpool needs to be modified to ask USC for the hash, submit solutions to USC and distribute generated coins among users. (will also look into this myself, pushpool looks promising)
 
It would be great if you'd add support for USC in your pool.

[peer2peer360]

After reading through this thread im very much interested in USC.

Im aware this altcoin isnt on any exchange... With that being the case
Where can i buy USC or who's selling??

Anyone who is willin to help spread awareness about this promising project
& would like to offer some USC for sale let me know.

best regards
Peer2peer360

[aa]

I hope someone is working on P2Pool merged mining edits. There's a P2Pool version with many of the altcoins added here: https://github.com/blixnood/p2pool

[mikeyfinn]

Any news about being able to mine at one of the pools instead of p2pool?

[fcmatt]

I have a user on my pool that brought this coin to my attention. If i read correctly this coin has source to integrate with p2pool but that is it. It seems the next step to get ltc pools on board is a patch to stratum and pushpool. Is this correct assumption?

Stratum doesn't need to change, but the supplied coinb1 needs to contain the merged mining header and the hash returned by getauxblock.

pushpool needs to be modified to ask USC for the hash, submit solutions to USC and distribute generated coins among users. (will also look into this myself, pushpool looks promising)
 
It would be great if you'd add support for USC in your pool.

I would be willing to give this a try if someone can assist me with it.
Pushpool would be a fine start if someone wants to give me a patch. If the coins show up in the wallet i can handle the rest. As in distribution to users.

I will freely admit i have never setup a merged mining pool.