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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946563 times)
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Ruckster2010
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June 26, 2014, 11:53:50 AM
 #15981

Hello Everyone!

After a meeting between the Developers, the multipool will remain open.

I'm hoping that people will try and utilise it more, as it's in their best intentions to drive the price of UTC up!

Cheers,
CT

To all,

It is very simple to understand, the multipool can only have a right to exist if more miners go mine at the multipool !!!



Richards on the money there,

Essentially the Multipool almost closed today, It is currently costing more money to have the pool hosted than what it would make in fees. Essentially, with the current hashrate and the fees on, the pool cannot even pay for itself.

After a discussion with the UTC Management Team. We have come to a resolution that ensures the future of the Multipool being present Cheesy

Lets try and get the Multipool more traffic! That way we can help drive UTC's price up and help me not go broke paying for it Tongue!

What is your minimum hashpower required for the pool to pay for itself? Or maybe a better question is how many coins does the multipool need to be purchasing a day?

http://UltracoinTalk.org/ - Ultracoin Forum   http://Ultracoin.net/ - Ultracoin Website http://CryptoTrain.net/ - Multipool   http://UltracoinPool.info/ - Pool
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 26, 2014, 12:11:12 PM
Last edit: June 26, 2014, 12:42:50 PM by mdtspain
 #15982

Why doesn't cryptotrain create a mandatory donation percentage? 5% I'll gladly pay if it keeps the pool up. How much does hosting cost anyway? Maybe we can crowd fund it? It's nice to have.

Hey Rapture,

The problem is that the hosting costs 150$ a month to have the server running, it then takes up close to 6 hours a day of my time to keep it running Sad


Have a look overhere, maybe this will help.

http://www.livechains.net/mpos.html

Cheers!!!
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June 26, 2014, 12:57:10 PM
 #15983

Hello Everyone!

After a meeting between the Developers, the multipool will remain open.

I'm hoping that people will try and utilise it more, as it's in their best intentions to drive the price of UTC up!

Cheers,
CT

GREAT! Thanks to CT and the Developers/management team!

WARNING HIGH SPEED - UTC - Ultracoin
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June 26, 2014, 01:05:10 PM
 #15984

Not had a read on here since I left due to inactivity from the owners. I come on to see there are new people in charge (Great news!) now and have to question a few things.

firstly - who is Ming Changi ll-Suang and how has he been given ownership status. In the 2 weeks since it was announced he hasn't even introduced himself from reading through the thread. Why is he a joint owner. How did you guys become the owners? Have you paid Bumface for the privilege and why hasn't there been any of them posting on the thread.

People like myself left due to the owners inactivity and it seems its exactly the same. I know its early days but from reading the mission statement from Paul I would have expected the "investors" to invest into UTC. I've been told in the past that Paul has a huge amount of UTC and I respect him for that but what about Ming Changi ll-Suang. What does he bring to the table?

I'm not FUD'ing or spamming these are genuine questions I have and looking to invest again, but these are questions from reading through that have jumped to the front of my mind and others looking to invest will probably have also.

Also great to see there's a Mulitpool up and running, the task is now to get miners to pick you guys over the rest!

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June 26, 2014, 02:24:50 PM
Last edit: June 28, 2014, 04:28:40 PM by PaulR1
 #15985

firstly - who is Ming Changi ll-Suang and how has he been given ownership status. In the 2 weeks since it was announced he hasn't even introduced himself from reading through the thread. Why is he a joint owner.
Maybe you did dent read back through the tread enough  Wink and next to that remember that their is at this tread, in the right upper corner, a search button  Roll Eyes  But i like to help you, please look at this former reaction which is clear enough I think...

..... Who is Ming Changi ll-Suang actually? Is he around on this forum with some nick? Can't find something on his name.  (btw; is he dutch too?)
Hello tsjaar,
Ming is Chinese and indeed he has the Dutch nationality also, he is a investor in several kind of businesses.
As investors mostly do he will stay in to the background. When needed he will come forward.




..... How did you guys become the owners? Have you paid Bumface for the privilege.....
Sorry but this is inside information. About payments or privilege, that's only concerning to Bumface and the management team. Most important thing is : Edit ... We are the new management team who leading the developments !  




.... People like myself left due to the owners inactivity and it seems its exactly the same. I know its early days ....
Indeed, as you say it yourself  "...it is early days", much to early to say things like that ! ..... please reed back our announcement and mission statement again and you know exactly what is our future plan and our mission we are working at.... https://bitcointalk.org/index.php?topic=413978.16160




I'm not FUD'ing or spamming ....
I know you did spread doubt and fud before, but now I want to believe you don't  Wink




....I have and looking to invest again....
You are more then welcome back, join us if you have miners at the Multipool or otherwise invest if you want/can thru buying UTC




Also great to see there's a Mulitpool up and running, the task is now to get miners to pick you guys over the rest!
All for Ultracoins future. The Multipool is very important to bring the price to the place where it belongs. But it takes time... and it needs a lot of hash rate so please to all : Join mining at the Ultracoin Multipool.


http://ultracoin.net/ ~ Ultracoin Website         http://ultracointalk.org/ ~ UltracoinTalk Forum
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June 26, 2014, 05:10:46 PM
 #15986

Everybody join multipool and use miner from this thread: https://bitcointalk.org/index.php?topic=658411.0 You can gain 40% more hashrate mining x11 algo Smiley

My hashrate increased from 1.9 to 2.6 MHs Cheesy (R9 270)

UTC address: UMzy2N8oTFmcQ2bfZoqLnmXsWzvfA8miRy
http://ultracoin.net/    -- Ultracoin Website        http://ultracointalk.org/  -- UltracoinTalk Forum
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Welcome to the future !


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June 26, 2014, 07:06:23 PM
Last edit: June 26, 2014, 07:17:17 PM by Official Ultracoin Team
 #15987










MANDATORY WALLET UPDATE



UPDATE NOW THE MANDATORY WALLET UPDATE V.1.0.4.0




Dear UTC Community Members,


PLEASE DOWNLOAD ONE OF THESE FILES FOR THE WALLET UPDATE :  

> Ultracoin Windows Wallet V1.0.4.0 Download here
> Ultracoin MAC Wallet V1.0.4.0 ( Untested ) Download here


HOW TO UPDATE THE WALLET ? :

Step 1 : Type %appdata% in the windows search box (You see it when you click the start button)

Step 2 : Find the Ultracoin folder

Step 3 : Copy the wallet.dat securely into a backup folder you choose (DO NOT DELETE OR CUT YOUR WALLET.DAT FILE)

Step 4 : Delete everything in the appdata/ultracoin folder (BUT DO NOT DELETE THE WALLET.DAT FILE !!)

Step 5 : Download the wallet of your choice (Windows or MAC)

Step 6 : Extract the folder from the download somewhere, now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks "do you want to replace the file"

Step 8 : Start the wallet. It will now download the entire blockchain again (this will take some time)



The update V1.0.4.0 addresses the following content:
> POS 5,2% p/year – 0,1% p/week (starting as from block 450000)
> Some small new futures and new pop up warning screens
> Using the new UTC 2.0 logo

Remember; for Stake Minting at V1.0.4.0 you will have to keep your wallet open for 24/7 and Enable Stake Minting with your password !


Welcome to the future of Ultracoin - now upgrading to Ultracoin 3.0
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June 26, 2014, 07:41:20 PM
 #15988

im noticing that the multipool hashrate is dropping significantly, whats going on? are people still upset over the fork?  Huh

theres still no fees, what more do people want?
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June 26, 2014, 07:50:05 PM
 #15989

Hello,
why can't i register in this pool http://ultracoinpool.info Huh

PaulR1
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June 26, 2014, 08:40:49 PM
 #15990

Hello,
why can't i register in this pool http://ultracoinpool.info Huh

It is open now.

Please consider also using one of the other official pools;

> new DEV pool http://www.ultracoins.info/ 
> Multipool at http://www.cryptotrain.net/ 

http://ultracoin.net/ ~ Ultracoin Website         http://ultracointalk.org/ ~ UltracoinTalk Forum
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June 26, 2014, 09:04:18 PM
 #15991










MANDATORY WALLET UPDATE



UPDATE NOW THE MANDATORY WALLET UPDATE V.1.0.4.0




Dear UTC Community Members,


PLEASE DOWNLOAD ONE OF THESE FILES FOR THE WALLET UPDATE :  

> Ultracoin Windows Wallet V1.0.4.0 Download here
> Ultracoin MAC Wallet V1.0.4.0 ( Untested ) Download here


HOW TO UPDATE THE WALLET ? :

Step 1 : Type %appdata% in the windows search box (You see it when you click the start button)

Step 2 : Find the Ultracoin folder

Step 3 : Copy the wallet.dat securely into a backup folder you choose (DO NOT DELETE OR CUT YOUR WALLET.DAT FILE)

Step 4 : Delete everything in the appdata/ultracoin folder (BUT DO NOT DELETE THE WALLET.DAT FILE !!)

Step 5 : Download the wallet of your choice (Windows or MAC)

Step 6 : Extract the folder from the download somewhere, now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks "do you want to replace the file"

Step 8 : Start the wallet. It will now download the entire blockchain again (this will take some time)



The update V1.0.4.0 addresses the following content:
> POS 5,2% p/year – 0,1% p/week (starting as from block 450000)
> Some small new futures and new pop up warning screens
> Using the new UTC 2.0 logo

Remember; for Stake Minting at V1.0.4.0 you will have to keep your wallet open for 24/7 and Enable Stake Minting with your password !



Are you going to post the source?  It has not been updated and honestly, the last guys added some code that completely disabled POS (the change wasn't ever activated as the coin age wasn't changed).  I'd like to know if you rolled it back or that at least your developers are competent by seeing what they changed.  Blind wallet downloads are never a good idea these days. 

bumface (OP)
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June 26, 2014, 10:14:02 PM
 #15992










MANDATORY WALLET UPDATE



UPDATE NOW THE MANDATORY WALLET UPDATE V.1.0.4.0




Dear UTC Community Members,


PLEASE DOWNLOAD ONE OF THESE FILES FOR THE WALLET UPDATE :  

> Ultracoin Windows Wallet V1.0.4.0 Download here
> Ultracoin MAC Wallet V1.0.4.0 ( Untested ) Download here


HOW TO UPDATE THE WALLET ? :

Step 1 : Type %appdata% in the windows search box (You see it when you click the start button)

Step 2 : Find the Ultracoin folder

Step 3 : Copy the wallet.dat securely into a backup folder you choose (DO NOT DELETE OR CUT YOUR WALLET.DAT FILE)

Step 4 : Delete everything in the appdata/ultracoin folder (BUT DO NOT DELETE THE WALLET.DAT FILE !!)

Step 5 : Download the wallet of your choice (Windows or MAC)

Step 6 : Extract the folder from the download somewhere, now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks "do you want to replace the file"

Step 8 : Start the wallet. It will now download the entire blockchain again (this will take some time)



The update V1.0.4.0 addresses the following content:
> POS 5,2% p/year – 0,1% p/week (starting as from block 450000)
> Some small new futures and new pop up warning screens
> Using the new UTC 2.0 logo

Remember; for Stake Minting at V1.0.4.0 you will have to keep your wallet open for 24/7 and Enable Stake Minting with your password !



Are you going to post the source?  It has not been updated and honestly, the last guys added some code that completely disabled POS (the change wasn't ever activated as the coin age wasn't changed).  I'd like to know if you rolled it back or that at least your developers are competent by seeing what they changed.  Blind wallet downloads are never a good idea these days. 



https://github.com/dx11/ultracoin-2/tree/dev

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June 26, 2014, 10:48:27 PM
 #15993



Thanks, make sure you update the website link as well. 
utcminer
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June 27, 2014, 01:18:27 AM
 #15994










MANDATORY WALLET UPDATE



UPDATE NOW THE MANDATORY WALLET UPDATE V.1.0.4.0




Dear UTC Community Members,


PLEASE DOWNLOAD ONE OF THESE FILES FOR THE WALLET UPDATE :  

> Ultracoin Windows Wallet V1.0.4.0 Download here
> Ultracoin MAC Wallet V1.0.4.0 ( Untested ) Download here


HOW TO UPDATE THE WALLET ? :

Step 1 : Type %appdata% in the windows search box (You see it when you click the start button)

Step 2 : Find the Ultracoin folder

Step 3 : Copy the wallet.dat securely into a backup folder you choose (DO NOT DELETE OR CUT YOUR WALLET.DAT FILE)

Step 4 : Delete everything in the appdata/ultracoin folder (BUT DO NOT DELETE THE WALLET.DAT FILE !!)

Step 5 : Download the wallet of your choice (Windows or MAC)

Step 6 : Extract the folder from the download somewhere, now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks "do you want to replace the file"

Step 8 : Start the wallet. It will now download the entire blockchain again (this will take some time)



The update V1.0.4.0 addresses the following content:
> POS 5,2% p/year – 0,1% p/week (starting as from block 450000)
> Some small new futures and new pop up warning screens
> Using the new UTC 2.0 logo

Remember; for Stake Minting at V1.0.4.0 you will have to keep your wallet open for 24/7 and Enable Stake Minting with your password !



i can not download that from the website you give to me, have you any mirror address?

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool
PaulR1
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June 27, 2014, 01:47:13 AM
 #15995










MANDATORY WALLET UPDATE



UPDATE NOW THE MANDATORY WALLET UPDATE V.1.0.4.0




Dear UTC Community Members,


PLEASE DOWNLOAD ONE OF THESE FILES FOR THE WALLET UPDATE :  

> Ultracoin Windows Wallet V1.0.4.0 Download here
> Ultracoin MAC Wallet V1.0.4.0 ( Untested ) Download here


HOW TO UPDATE THE WALLET ? :

Step 1 : Type %appdata% in the windows search box (You see it when you click the start button)

Step 2 : Find the Ultracoin folder

Step 3 : Copy the wallet.dat securely into a backup folder you choose (DO NOT DELETE OR CUT YOUR WALLET.DAT FILE)

Step 4 : Delete everything in the appdata/ultracoin folder (BUT DO NOT DELETE THE WALLET.DAT FILE !!)

Step 5 : Download the wallet of your choice (Windows or MAC)

Step 6 : Extract the folder from the download somewhere, now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks "do you want to replace the file"

Step 8 : Start the wallet. It will now download the entire blockchain again (this will take some time)



The update V1.0.4.0 addresses the following content:
> POS 5,2% p/year – 0,1% p/week (starting as from block 450000)
> Some small new futures and new pop up warning screens
> Using the new UTC 2.0 logo

Remember; for Stake Minting at V1.0.4.0 you will have to keep your wallet open for 24/7 and Enable Stake Minting with your password !



i can not download that from the website you give to me, have you any mirror address?

Already many have downloaded from the website successfully. Also myself on two different laptops. Please explain your problem more detailed ?

http://ultracoin.net/ ~ Ultracoin Website         http://ultracointalk.org/ ~ UltracoinTalk Forum
cryptotrain-net
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June 27, 2014, 02:25:37 AM
 #15996

Why doesn't cryptotrain create a mandatory donation percentage? 5% I'll gladly pay if it keeps the pool up. How much does hosting cost anyway? Maybe we can crowd fund it? It's nice to have.

Hey Rapture,

The problem is that the hosting costs 150$ a month to have the server running, it then takes up close to 6 hours a day of my time to keep it running Sad


Have a look overhere, maybe this will help.

http://www.livechains.net/mpos.html

Cheers!!!

Hi mdtspain,

that is only a simple MPOS pool. That hosting provider does not at all provide anything that is remotely comparable to my setup.

Cheers,
CT
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June 27, 2014, 03:21:55 AM
 #15997










MANDATORY WALLET UPDATE



UPDATE NOW THE MANDATORY WALLET UPDATE V.1.0.4.0




Dear UTC Community Members,


PLEASE DOWNLOAD ONE OF THESE FILES FOR THE WALLET UPDATE :  

> Ultracoin Windows Wallet V1.0.4.0 Download here
> Ultracoin MAC Wallet V1.0.4.0 ( Untested ) Download here


HOW TO UPDATE THE WALLET ? :

Step 1 : Type %appdata% in the windows search box (You see it when you click the start button)

Step 2 : Find the Ultracoin folder

Step 3 : Copy the wallet.dat securely into a backup folder you choose (DO NOT DELETE OR CUT YOUR WALLET.DAT FILE)

Step 4 : Delete everything in the appdata/ultracoin folder (BUT DO NOT DELETE THE WALLET.DAT FILE !!)

Step 5 : Download the wallet of your choice (Windows or MAC)

Step 6 : Extract the folder from the download somewhere, now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks "do you want to replace the file"

Step 8 : Start the wallet. It will now download the entire blockchain again (this will take some time)



The update V1.0.4.0 addresses the following content:
> POS 5,2% p/year – 0,1% p/week (starting as from block 450000)
> Some small new futures and new pop up warning screens
> Using the new UTC 2.0 logo

Remember; for Stake Minting at V1.0.4.0 you will have to keep your wallet open for 24/7 and Enable Stake Minting with your password !



i can not download that from the website you give to me, have you any mirror address?

Already many have downloaded from the website successfully. Also myself on two different laptops. Please explain your problem more detailed ?
i have no problems now.
downloaded

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool
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June 27, 2014, 03:29:50 AM
 #15998

PaulR1 -- did you get my PM?
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June 27, 2014, 04:17:50 AM
 #15999

bumface, or someone else who understands.
Please write about the points (1,2,3 ...) that needs to be done that would enable extraction POS coins.
The fact that my automatic translator translates badly (what - I did not use) and I do not quite understand how to make the POS of texts written above.
Advance all grateful.

"Coздaть ceнcopнyю ceть гopoдa - этo нe дopoгo, нe cлoжнo и пo cooтнoшeнию зaтpaты / эффeкт для гopoдa - нeoцeнимo! He нyжнo ждaть пoкa кopпopaции и гocyдapcтвa cдeлaют тaкиe ceнcopныe ceти и бyдyт иx oбcлyживaть - этo бyдeт дopoгo и бyдeт coбиpaть бoльшe дaнныx o нac c вaми, чeм мы бы этoгo xoтeли!" (c)Aira.life
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June 27, 2014, 04:36:12 AM
 #16000

bumface, or someone else who understands.
Please write about the points (1,2,3 ...) that needs to be done that would enable extraction POS coins.
The fact that my automatic translator translates badly (what - I did not use) and I do not quite understand how to make the POS of texts written above.
Advance all grateful.
enable stake minting =>enable POS

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool
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