[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!

[imginy]

please anyone have any instructions on how I turn on the POS?

instructions from the first page:

Proof of Stake explanation

20% interest per year if you

1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
    - Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' TRUE

I have seen this post like 10x it doesn't help.

I need instructions on how I unlock the wallet for minting not an explanation of POS.

Step 4 from above:  In your QT wallet on the top right;  there is a "Debug" button.  A window will pop up where you can now click "Console".   This will give you a command prompt window where you can enter commands (help, gethashespersec, etc).  Now, in the command prompt enter ------  walletpassphrase reallytoughpassword 99999999 True  .
Above, walletpassphrase should be followed (after a space) by your wallet password (passphrase).   The number you enter (9999999) is the amount of seconds that the wallet will be unlocked;  if you close the wallet this will be reset. 

While your wallet is online (3.) and unlocked (4.) and you have unspet / moved coins (2);  you are ready for POS rewards. 

Thanks so much,

Please post your wallet address if you would like a few UTC sent over

[imginy]

please anyone have any instructions on how I turn on the POS?

instructions from the first page:

Proof of Stake explanation

20% interest per year if you

1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
    - Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' TRUE

I have seen this post like 10x it doesn't help.

I need instructions on how I unlock the wallet for minting not an explanation of POS.

 

A few things, if you get a JSON error like I do when you type "TRUE", it's because it's in capitals.  Mine only works when you type in "true".  Next, if you look at the help file under the walletpassphrase line, you will see that the "true" that you type at the end of that phrase supposedly unlocks your wallet for minting only, which is what POS is.  Hope that helps.  If you leave off the "true", you've just unlocked your wallet, I think. 

Yes TRUE wasn't working thanks.

[kingscrown]

PROBLEM WITH MINING

guys i have AMD 6970

with cgminer i get 350-400 khs on usual scrypt coins.

now running cgminer for UTC i got... 20khs.

anythign to tweak ??

[dcgirl]

please anyone have any instructions on how I turn on the POS?

instructions from the first page:

Proof of Stake explanation

20% interest per year if you

1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
    - Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' true

I have seen this post like 10x it doesn't help.

I need instructions on how I unlock the wallet for minting not an explanation of POS.

Step 4 from above:  In your QT wallet on the top right;  there is a "Debug" button.  A window will pop up where you can now click "Console".   This will give you a command prompt window where you can enter commands (help, gethashespersec, etc).  Now, in the command prompt enter ------  walletpassphrase reallytoughpassword 99999999 True  .
Above, walletpassphrase should be followed (after a space) by your wallet password (passphrase).   The number you enter (9999999) is the amount of seconds that the wallet will be unlocked;  if you close the wallet this will be reset.  

While your wallet is online (3.) and unlocked (4.) and you have unspet / moved coins (2);  you are ready for POS rewards.  

This is very, very helpful and should go on the first page of this thread.

[imginy]

please anyone have any instructions on how I turn on the POS?

instructions from the first page:

Proof of Stake explanation

20% interest per year if you

1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
    - Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' true

I have seen this post like 10x it doesn't help.

I need instructions on how I unlock the wallet for minting not an explanation of POS.

Step 4 from above:  In your QT wallet on the top right;  there is a "Debug" button.  A window will pop up where you can now click "Console".   This will give you a command prompt window where you can enter commands (help, gethashespersec, etc).  Now, in the command prompt enter ------  walletpassphrase reallytoughpassword 99999999 True  .
Above, walletpassphrase should be followed (after a space) by your wallet password (passphrase).   The number you enter (9999999) is the amount of seconds that the wallet will be unlocked;  if you close the wallet this will be reset.  

While your wallet is online (3.) and unlocked (4.) and you have unspet / moved coins (2);  you are ready for POS rewards.  

This is very, very helpful and should go on the first page of this thread.

+1

[stewart2012]

how much block reward in current time ?

and when halved it ?

[pieterjanvh]

PROBLEM WITH MINING

guys i have AMD 6970

with cgminer i get 350-400 khs on usual scrypt coins.

now running cgminer for UTC i got... 20khs.

anythign to tweak ??

Are u using Ultracoin Miner?
Did u run it with the correct scrypt-jane settings?
Did u have ur 6970 undervolted? Might want to add about 0.015 VDDC then.

[pieterjanvh]

how much block reward in current time ?

50 coins per block

[Protagonus]

PROBLEM WITH MINING

guys i have AMD 6970

with cgminer i get 350-400 khs on usual scrypt coins.

now running cgminer for UTC i got... 20khs.

anythign to tweak ??

be sure you have replaced --scrypt in your .Bat or .Conf with:  --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600

with a 6970;  maybe also start with  -tc 8192 -g 2 -w 256 --scan-time 0 --queue 0 --expiry 5.  

You can play around with settings more if you like;  see if that helps.   Note Jane is appx 25% lower hash than normal scrypt.

Edit: also make sure you have the modified CGminer listed in the OP. Or modify an existing CGminer with Jane patch.

[stewart2012]

how much block reward in current time ?

50 coins per block

thank you bro ... when halved it ?

[dooman13]

PROBLEM WITH MINING

guys i have AMD 6970

with cgminer i get 350-400 khs on usual scrypt coins.

now running cgminer for UTC i got... 20khs.

anythign to tweak ??

ive got two 6950s. your rates with scrypt-jane will be about 60-75% of scrypt hash. here are my settings if youd like to use as a starting point..

ultracoinminer -o stratum+tcp://ultra.coinsnipers.com:3339 -u name -p pw --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 1 --temp-overheat 85 --thread-concurrency 9500,9500 --intensity 18,16--gpu-fan 100,100 --gpu-engine 800,800 --gpu-memclock 1325,1325

on one card, intensity is lower to keep my temp down. im using a tower and not necessarily a super cool unit.

im sure i can go more, but i get 225kh from one and 217kh on the other. seems to be ok at this point.
 

[pieterjanvh]

how much block reward in current time ?

50 coins per block

thank you bro ... when halved it ?

Every 990 000 blocks

[kingscrown]

PROBLEM WITH MINING

guys i have AMD 6970

with cgminer i get 350-400 khs on usual scrypt coins.

now running cgminer for UTC i got... 20khs.

anythign to tweak ??

Are u using Ultracoin Miner?
Did u run it with the correct scrypt-jane settings?
Did u have ur 6970 undervolted? Might want to add about 0.015 VDDC then.

im using proper miner from the thread yes.
here is my setup:
ultracoinminer -o stratum+tcp://pickaxe.pool.pm:3306 -u NAME -p x --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600



yes i do have it underclocked a bit [not undervolted tho].

[imginy]

how much block reward in current time ?

50 coins per block

thank you bro ... when halved it ?

Every 990 000 blocks

how long will that take in months?

[stewart2012]

how much block reward in current time ?

50 coins per block

thank you bro ... when halved it ?

Every 990 000 blocks

how many block remain to halving reward ?

[Protagonus]

@ Imginy and dcgirl

I will Edit this to my explanation above to help:

A final way to check that you have successfully unlocked the wallet correctly;   Hover your mouse pointer over the "locked" icon (at the bottom right) of your wallet.  If you entered correctly;  it should say "Encrypted and Unlocked".

[conf]

nitro users, please switch pool as it has too much hash power

http://bitgo.pw/utc/

[Protagonus]

Every 990 000 blocks

how long will that take in months?

how many block remain to halving reward ?

990,000 x.5 (30sec) =495,000 (min) / 60 (hour) = 8250 / 24 (day) = 343.75 days to halving (appx. 1yr)

[imginy]

@ Imginy and dcgirl

I will Edit this to my explanation above to help:

A final way to check that you have successfully unlocked the wallet correctly;   Hover your mouse pointer over the "locked" icon (at the bottom right) of your wallet.  If you entered correctly;  it should say "Encrypted and Unlocked".

Thanks so much,

My wallet is now encrypted and unlocked.

Hopefully I will see some interest building up soon

[bumface]

https://docs.google.com/spreadsheet/ccc?key=0AoC6LdHeQr-6dDAxZFlIRXhzTVdQcEtYeWJxYnRudmc#gid=0


MINERS PLEASE SEND ME A SPREADSHEET WITH YOUR WORKING VALUES AS CAN BE SEEN IN THIS DOCUMENT,ULTRACOIN@OUTLOOK.COM