bathrobehero
Legendary
 Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
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January 18, 2014, 12:36:23 PM |
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Scrypt-jane coin and N factor is not even mentioned?
Will this coin launch at N 4 and being raped by ATI/AMD in the beginning or will it start at a reasonable, higher N? |
Not your keys, not your coins!
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dawj20
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January 18, 2014, 02:15:10 PM |
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a scrypt-jane capable cgminer fork, with binaries, will be available on launch day.
That's good to hear. I hope you release it a few hours before launch so everyone has a chance to get setup. |
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ziggy909
Newbie
Offline
Activity: 46
Merit: 0
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January 19, 2014, 03:26:25 PM |
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Scrypt-jane coin and N factor is not even mentioned?
Will this coin launch at N 4 and being raped by ATI/AMD in the beginning or will it start at a reasonable, higher N? we don't want to be too gpu unfriendly in the beginning. |
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bumface (OP)
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January 19, 2014, 04:25:48 PM |
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LOOKING FOR ANDROID CODER AND MAC CODER!
-android wallet 3000UTC
-mac wallet 3000UTC
-mac gpu miner 3000UTC
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bathrobehero
Legendary
Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
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January 19, 2014, 04:53:46 PM |
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we don't want to be too gpu unfriendly in the beginning.
I'd say with N 4 you're being GPU exclusive in the beginning. |
Not your keys, not your coins!
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bumface (OP)
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January 19, 2014, 04:56:52 PM |
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that other ultracoin is unrelated to us,we have agreed to co exist |
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bathrobehero
Legendary
Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
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January 19, 2014, 05:03:14 PM |
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That is going to cause confusion which will end up hurting both coins.
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Not your keys, not your coins!
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bumface (OP)
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January 19, 2014, 05:17:41 PM |
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That is going to cause confusion which will end up hurting both coins.
This is a crypto currency, the other is software that provides a service |
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bathrobehero
Legendary
Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
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January 19, 2014, 05:19:31 PM |
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Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.
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Not your keys, not your coins!
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miracle.max
Newbie
Offline
Activity: 22
Merit: 0
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January 19, 2014, 05:25:53 PM |
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Scrypt-jane coin and N factor is not even mentioned?
Will this coin launch at N 4 and being raped by ATI/AMD in the beginning or will it start at a reasonable, higher N? we don't want to be too gpu unfriendly in the beginning. So N will be updated in the future? What's the mechanism/schedule for that--does it increase regularly in the same way block reward changes? |
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bumface (OP)
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January 19, 2014, 05:27:19 PM |
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Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.
yes i see your point ,but i cant change it now,that would mean recompiling code, changing wallets,logo, changing the website and so on.... I have spoken to the gentleman in question and we are both too invested in this name,so rather then follow the path of certain smartphone companys we have agree to peacefully coexist. |
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atomicchaos
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January 19, 2014, 05:28:33 PM |
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Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.
I'm going to make a pizza place called McDonalds, is that a good idea if they agree to coexist with me?  |
BTC:113mFe2e3oRkZQ5GeqKhoHbGtVw16unnw2
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bumface (OP)
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January 19, 2014, 05:35:24 PM |
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Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.
I'm going to make a pizza place called McDonalds, is that a good idea if they agree to coexist with me? i dont think so  |
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traiz
Newbie
Offline
Activity: 40
Merit: 0
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January 19, 2014, 06:55:20 PM |
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Just saw this and wanted clarification on the following quote
Please note that every partner gets 0.1% of the total number of coins, we feel this is not unreasonable as a compensation for our time and investment.
If the total pre-mined is 2000 with
1600 for bid
100 to partner 1:Ziggy (dev)
100 to partner 2:bumface (founder)
100 to professional consultant
100 to rewards to developer
So 100/2000 = 5% of the initial coins
So where is the 0.1% from? Are you saying that the partners get 0.1% of all future coins (both mined and staked) as well?
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bumface (OP)
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January 19, 2014, 07:24:09 PM |
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Just saw this and wanted clarification on the following quote
Please note that every partner gets 0.1% of the total number of coins, we feel this is not unreasonable as a compensation for our time and investment.
If the total pre-mined is 2000 with
1600 for bid
100 to partner 1:Ziggy (dev)
100 to partner 2:bumface (founder)
100 to professional consultant
100 to rewards to developer
So 100/2000 = 5% of the initial coins
So where is the 0.1% from? Are you saying that the partners get 0.1% of all future coins (both mined and staked) as well?
"Please note that every partner gets 0.1% of the total number of coins, " quote from the announcement total 100 million UTC, partner gets 100.000 UTC = 0.1 % of the total number of coins |
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MasterCATZ
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January 20, 2014, 02:46:21 AM |
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That is going to cause confusion which will end up hurting both coins.
This is a crypto currency, the other is software that provides a service shame about that, well I guess free advertising  I'll have to watch that video clip now |
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Ganger631
Newbie
Offline
Activity: 49
Merit: 0
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January 20, 2014, 03:03:01 AM |
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If this coin does get on crytpsy. What do you guys think the price is going to be? I think it will be 10-25 cents.
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Bfljosh
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January 20, 2014, 03:33:06 AM |
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what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.
+1 |
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Evilish
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January 20, 2014, 08:13:59 AM |
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what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.
+1 If something like that were to happen, all the current bidders would accuse him for being greedy. What's done is done, it was our fault that we weren't fast enough to bid. Now let's move.. |
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