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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946566 times)
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tabnk
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February 10, 2014, 05:15:46 AM
 #3261

0.000108 BTC NOW !!!  Cheesy
antonio8
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February 10, 2014, 05:23:28 AM
 #3262

0.000108 BTC NOW !!!  Cheesy

Is that a mistype?

CoinMarket.io has it as 0.00106

If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks Wink
tabnk
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February 10, 2014, 05:47:45 AM
 #3263

Diff 33. FIRST TIME EVER !!!   
tabnk
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February 10, 2014, 05:48:50 AM
 #3264

It is at https://crypto-trade.com Cheesy

0.000108 BTC NOW !!!  Cheesy

Is that a mistype?

CoinMarket.io has it as 0.00106
tabnk
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February 10, 2014, 06:06:23 AM
 #3265

It is 0.0011 BTC NOW !!!
tabnk
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February 10, 2014, 06:08:55 AM
 #3266

NET HASH @ 6.X GH/s NOW !!! Diff @ 38.

AMAZING !!!
Ruckster2010
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February 10, 2014, 06:10:05 AM
 #3267

Could the crons be stuck?

What are crons? Do they affect what is being mined?

http://UltracoinTalk.org/ - Ultracoin Forum   http://Ultracoin.net/ - Ultracoin Website http://CryptoTrain.net/ - Multipool   http://UltracoinPool.info/ - Pool
busoni
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February 10, 2014, 06:11:06 AM
 #3268

BTC/UTC trading pair now live on Poloniex.

https://poloniex.com/exchange/btc_utc

Poloniex.com - Fast crypto exchange with margin trading, advanced charts, and stop-limit orders
tanalith
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February 10, 2014, 06:11:53 AM
 #3269

Is there any benefit to mining on a more populated server? Do you get more coins mining on the higher hash sites?

The larger the pools hashrate that faster coins are found, but the smaller the payouts.

Conversely, a pool with smaller hashrates, are going to find blocks a little less quicker, but your payouts will be larger. It is up to you which pool you like. Its a matter of preference Smiley

Thanks, it just seemed that when Leetpool went down and i switched to nitropool i found more coins in  shorter period of time. I should have timed it but i didn't think it would make  difference.

ofc nitro found more blocks and you got higher payouts when over 1/3 from the network hashrate goes down along with network diff
Ruckster2010
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February 10, 2014, 06:16:24 AM
 #3270

Is there any benefit to mining on a more populated server? Do you get more coins mining on the higher hash sites?

The larger the pools hashrate that faster coins are found, but the smaller the payouts.

Conversely, a pool with smaller hashrates, are going to find blocks a little less quicker, but your payouts will be larger. It is up to you which pool you like. Its a matter of preference Smiley

Thanks, it just seemed that when Leetpool went down and i switched to nitropool i found more coins in  shorter period of time. I should have timed it but i didn't think it would make  difference.

ofc nitro found more blocks and you got higher payouts when over 1/3 from the network hashrate goes down along with network diff

four hours and no block solved on utc.pool.pm.  I think we need more miners over here.

http://UltracoinTalk.org/ - Ultracoin Forum   http://Ultracoin.net/ - Ultracoin Website http://CryptoTrain.net/ - Multipool   http://UltracoinPool.info/ - Pool
eeaweeaws
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February 10, 2014, 07:08:13 AM
 #3271

It is 0.0011 BTC NOW !!!
two days ago,it almost hit 0.0014 Grin
tabnk
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February 10, 2014, 07:15:04 AM
 #3272

Missed the boat !!!!!!  Wink

It is 0.0011 BTC NOW !!!
two days ago,it almost hit 0.0014 Grin
eeaweeaws
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February 10, 2014, 07:22:34 AM
 #3273

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?
wing_hk
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February 10, 2014, 08:06:56 AM
 #3274

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?

(1) You will still get stake when wallet connect to internet. Stake will be calculated from aged coins. However a 24/7 online wallet will give max stake

(2) Based on my experience from another POS coin, a transactionless wallet generate  max stake. Because if new and old coins belong to same block the aging counter of that block will be reset. Not sure if it's the same for UTC.

(3) walletpassphrase command is just for encrypt wallet. If you have not encrypt it, just skip this step.
eeaweeaws
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February 10, 2014, 08:16:32 AM
 #3275

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?

(1) You will still get stake when wallet connect to internet. Stake will be calculated from aged coins. However a 24/7 online wallet will give max stake

(2) Based on my experience from another POS coin, a transactionless wallet generate  max stake. Because if new and old coins belong to same block the aging counter of that block will be reset. Not sure if it's the same for UTC.

(3) walletpassphrase command is just for encrypt wallet. If you have not encrypt it, just skip this step.
so what i need to do is just put my coin on my wallet and dont spend it,also don't put any new coins into the wallet Shocked  Huh
am i required to keep the coin at least 30 days to get the POS start Huh
wing_hk
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February 10, 2014, 08:21:18 AM
 #3276

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?

(1) You will still get stake when wallet connect to internet. Stake will be calculated from aged coins. However a 24/7 online wallet will give max stake

(2) Based on my experience from another POS coin, a transactionless wallet generate  max stake. Because if new and old coins belong to same block the aging counter of that block will be reset. Not sure if it's the same for UTC.

(3) walletpassphrase command is just for encrypt wallet. If you have not encrypt it, just skip this step.
so what i need to do is just put my coin on my wallet and dont spend it,also don't put any new coins into the wallet Shocked  Huh
am i required to keep the coin at least 30 days to get the POS start Huh

Right. Always remember to backup your wallet first.

I am not sure. Someone said it takes 20 days for coin to age. Also hope there's official explanation about this.
eeaweeaws
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February 10, 2014, 08:39:25 AM
 #3277

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?

(1) You will still get stake when wallet connect to internet. Stake will be calculated from aged coins. However a 24/7 online wallet will give max stake

(2) Based on my experience from another POS coin, a transactionless wallet generate  max stake. Because if new and old coins belong to same block the aging counter of that block will be reset. Not sure if it's the same for UTC.

(3) walletpassphrase command is just for encrypt wallet. If you have not encrypt it, just skip this step.
so what i need to do is just put my coin on my wallet and dont spend it,also don't put any new coins into the wallet Shocked  Huh
am i required to keep the coin at least 30 days to get the POS start Huh

Right. Always remember to backup your wallet first.

I am not sure. Someone said it takes 20 days for coin to age. Also hope there's official explanation about this.

one of my friends just tell me i can put new coins into the wallet
so who is correct  Undecided
wing_hk
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February 10, 2014, 08:46:24 AM
 #3278

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?

(1) You will still get stake when wallet connect to internet. Stake will be calculated from aged coins. However a 24/7 online wallet will give max stake

(2) Based on my experience from another POS coin, a transactionless wallet generate  max stake. Because if new and old coins belong to same block the aging counter of that block will be reset. Not sure if it's the same for UTC.

(3) walletpassphrase command is just for encrypt wallet. If you have not encrypt it, just skip this step.
so what i need to do is just put my coin on my wallet and dont spend it,also don't put any new coins into the wallet Shocked  Huh
am i required to keep the coin at least 30 days to get the POS start Huh

Right. Always remember to backup your wallet first.

I am not sure. Someone said it takes 20 days for coin to age. Also hope there's official explanation about this.

one of my friends just tell me i can put new coins into the wallet
so who is correct  Undecided

As I said it's what I learnt from another POS coin.
You can always have transaction but there's chance lowering stake a little bit.
Maybe you can wait for official comment.
ph111
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February 10, 2014, 08:49:55 AM
 #3279

Ultracoin is now listed at place #23 on http://coinmarketcap.com actual market cap and volume are even higher as they're using coinmarket.io and not crypto-trade.com for data.

23rd  Grin


Vert hère we come  Grin
kelvinliong
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February 10, 2014, 09:24:07 AM
 #3280

sorry guys i got a problem with POS
what i know is to keep the coins in your wallet
dont move them,and type something in debug,and you will received 20% coins during the year

what i dont understand:
do i need to keep my wallet online for a year non-stop?
if i got more coins into the wallet,will it be matters?
if i didnt set anypassword and i got 550 coins,what should i type?

(1) You will still get stake when wallet connect to internet. Stake will be calculated from aged coins. However a 24/7 online wallet will give max stake

(2) Based on my experience from another POS coin, a transactionless wallet generate  max stake. Because if new and old coins belong to same block the aging counter of that block will be reset. Not sure if it's the same for UTC.

(3) walletpassphrase command is just for encrypt wallet. If you have not encrypt it, just skip this step.
so what i need to do is just put my coin on my wallet and dont spend it,also don't put any new coins into the wallet Shocked  Huh
am i required to keep the coin at least 30 days to get the POS start Huh

Right. Always remember to backup your wallet first.

I am not sure. Someone said it takes 20 days for coin to age. Also hope there's official explanation about this.

one of my friends just tell me i can put new coins into the wallet
so who is correct  Undecided

As I said it's what I learnt from another POS coin.
You can always have transaction but there's chance lowering stake a little bit.
Maybe you can wait for official comment.
It just shows "Wallet is encrypted and currently unlocked".
Is it minting?

Let's color the MOON: YENui1eF9LuVpZiTdp8Vf4G77cgnnkDDTD
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