@devs
On first page there is a list item:
- Current Nfactor Configs: NFactor Configs for the April 5th Change are being Optimized as we Speak. Stay Tuned!
Should just put there:
- Current Nfactor Config:
https://bitcointalk.org/index.php?topic=413978.msg6101155#msg6101155 , for more configs stay tuned!
- CONFIG GENERATOR, Raw version:
http://www.ultracoin.net/configgen_raw.html----
My thoughts about the coin.
It has a great spec! I like PoW and i like PoS. PoS only coins have the energy advantage, but it lacks mostly the fun of PoW!
UTC has a meaning, be a fast coin, ultrafast. It should focus on differetiating itself in that meaning.
So efforts should focus on positioning and promoting the coin, which I think the devs are doing, and doing fine atm.
Nothing beats the power of work, hype goes away with next new hype.
Also the whole crypto-currency is going through a difficult moment, the ones which keep evolving may go out very strenghtened.
Scrypt-Jane is fine also imo, it is not so heavy like X11 and not so light as Scrypt... so a secure and load balanced algorithm.
I personally would even like to see a newer N increase! I feel GPUs should beat CPUs always, but a well balanced coin imo should have a GPU making not so many times a CPU. So a GPU rig miner would be making perhaps some ~25-100 times what a half-cores CPU, or idle CPU miner would, making it some atractive to both. There I think N should park... because memory will be high enough that an ASIC would be basically a modified GPU but costing way more than a comercial available GPU. Maybe switching to the N-Adaptative Scrypt would be an option.
Decreasing PoW reward may scare miners to other coins until it is more profitable, so an alternative should be given, like a multipool Scrypt paying in UTC. Which I think is a great idea for many reasons.
Also switching some of the PoW reward to PoS rewards would be a good option... and decreasing PoS time to few hours (yep, I said hours) may encourage wallet to stay up always, using a fraction of the lowered PoW reward into the PoS reward.
Besides that, keep trying to make the coin be used. By tiping, by arbitrage, by selling virtual itens (simple non priceable things)... all these are what i think can boost the coin.
Regards,
