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barbados-fs
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April 17, 2014, 10:09:37 PM |
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Progress report:
-Change the blockreward
As you know the current model turned out to be unsustainable,so we had to take action to ensure the interest of everyone.In this original model the daily supply is 144000 as opposed to LTC`s 25000.This means there has to be at least 6 times more demand for UTC then there is for LTC.This is an unrealistic expectation for a new coin,aswell as having 52% of the total coins mined in the first year.
We are taking an eco friendly route and all mining will be completed within 6 years time from now,we will have a blockreward of 15 for 4 years, and then a blockreward of 10 for 2 years.After this 6 year perdiod we are transitioning into 100% pos,and 10 million UTC will be distributes as POS rewards.
I beg your pardon. My translator translates badly so I do not quite understand the meaning. You're talking about reducing the volumes of coins miners, or that soon the miners will receive many times more coins than it is now? Say, now, I get a day at a speed of 350 coins ("+ - " 400kH/s) How much will I get coins after this update blockreward? More or less than this value, consider the complexity of course constantly. Thanks in advance for your reply. (Пpoшy пpoщeния. Moй пepeвoдчик плoxo пepeвoдит пoэтoмy я нe coвceм пoнял cмыcл. Bы гoвopитe o coкpaщeнии oбъeмoв дoбычи шaxтepaми мoнeт, или o тoм, чтo в cкopoм вpeмeни шaxтepы бyдyт пoлyчaть в paзы бoльшe мoнeт чeм ceйчac? Cкaжeм, ceйчac я в cyтки пoлyчaю 350 мoнeт пpи cкopocти (+-400кH/c) cкoлькo я бyдy пoлyчaть мoнeт пocлe этoгo oбнoвлeния blockreward? Бoльшe этoгo знaчeния или мeньшe, paзyмeeтcя cлoжнocть cчитaeм пocтoяннo.) Зapaнee блaгoдapeн зa oтвeт. |
"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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dwolfx
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April 17, 2014, 10:11:33 PM |
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Block reward halving wont really impact price too much IMO, you might see 2% rise or something.
The downward pressure on the price of the coin isn't really from dumpers, since UTC is already almost impossible to mine anyway (not that many people are going to waste their time setting up miners and dealing with constant tweaking just to dump IMO).
The reason price is low, is because coin just doesn't have enough of a media presence, and not that many people use it, UTC is a very slow growth coin atm, Doge and Pot are exploding in value somewhat, while UTC and other coins are pretty much in a slump.
Only the cream of the crop seems to be rising as of late, you are going to have to wait till the majority of crap scrypt coins die off and have zero miners before UTC can see any meaningful gains IMO.
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Leetpools!
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barbados-fs
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April 17, 2014, 10:13:25 PM |
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ecли я пoкyпaю, вce нaчинaют пpoдaвaть. Ecли я пpoдaм вce нaчинaют пoкyпaть. Я poдилcя c этим yдивитeльным мacтepcтвoм. I'm the same way. He even wanted to offer their services at a price reversal in any direction. I just buy what the price began to fall . Or sell - whatever the price immediately began to grow. |
"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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bret
Member
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Activity: 99
Merit: 10
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April 18, 2014, 12:31:48 AM |
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Are we still getting second block explorer? Bitgo is down for more than 24 hrs
Yes, I am currently developing http://utcchain.info/ I encourage anyone who can to donate so I can dedicate more time to this, I know the community desperately needs it, but my time is divided as it is. Regards, Bret |
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Gleason
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April 18, 2014, 02:56:46 AM |
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These just arrived to me today! Ultracoin physical 1.5" Black Nickel collector coin! I did a limited batch of 100 coins. They are individually number 1/100 through 100/100 . Here is a quick picture.  Front side has a UTC logo with a coin design I made. The backside has some coin information ( coin release date, total coin supply, coin type ) More pictures to follow, and I will update them on my website as well! I'm going to start these at an Intro price of $11 for each coin! http://www.cryptomemorabilia.com/product/ultracoin-collector-physical-coin/-Brian Gleason http://www.cryptomemorabilia.com |
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longyenthanh
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April 18, 2014, 03:21:38 AM |
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nitro1 now is getting more orphan blocks than nitro2  |
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thaitunhi1606
Member
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Activity: 111
Merit: 10
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April 18, 2014, 04:31:15 AM |
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tnfsmith
Member
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Activity: 80
Merit: 10
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April 18, 2014, 04:59:39 AM |
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Calm down, it should fine soon |
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utcminer
Full Member
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Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
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April 18, 2014, 05:30:35 AM
Last edit: April 18, 2014, 06:10:45 AM by utcminer |
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nitro1 now is getting more orphan blocks than nitro2 nitro1 has 6 times more orphan blocks than greekpool.eu |
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thaitunhi1606
Member
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Activity: 111
Merit: 10
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April 18, 2014, 07:07:44 AM |
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 20MH/s in Nitro2 pool move Greekpool pool --> DONE!!!!I moved 2MH/s in nitro1 ---> Greekpool  |
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untalented
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April 18, 2014, 07:19:19 AM |
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20MH/s in Nitro2 pool move Greekpool pool --> DONE!!!! I moved 2MH/s in nitro1 ---> Greekpool Great dude  Now is really better |
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reverse02
Member
Offline
Activity: 86
Merit: 10
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April 18, 2014, 08:52:11 AM |
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First sample beta really hot logo  http://prntscr.com/3ayop4Any suggestion will be nice:) BTW this is from BlackCoin logo maker blackcoin is quite an ugly one |
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untalented
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April 18, 2014, 09:04:35 AM |
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First sample beta really hot logo http://prntscr.com/3ayop4Any suggestion will be nice:) BTW this is from BlackCoin logo maker blackcoin is quite an ugly one For me is BC logo is beauty, but its your and my opinion. Better focus on UTC logo. This is first sample, any suggestion will be welcome. Orignal logo is very good but i think will be better when looks like this, modern and fresh. This is of course not final version. |
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untalented
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April 18, 2014, 09:09:05 AM |
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sry for link i put it there:  VS  |
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bumface (OP)
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April 18, 2014, 09:42:55 AM |
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These just arrived to me today! Ultracoin physical 1.5" Black Nickel collector coin! I did a limited batch of 100 coins. They are individually number 1/100 through 100/100 . Here is a quick picture. Front side has a UTC logo with a coin design I made. The backside has some coin information ( coin release date, total coin supply, coin type ) More pictures to follow, and I will update them on my website as well! I'm going to start these at an Intro price of $11 for each coin! http://www.cryptomemorabilia.com/product/ultracoin-collector-physical-coin/-Brian Gleason http://www.cryptomemorabilia.comThat looks great man!! |
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thaitunhi1606
Member
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Activity: 111
Merit: 10
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April 18, 2014, 10:20:02 AM |
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With 1.8MH/s-2MH/s:
- Nitro: 1k6-1k7 UTC/day
- Greekpool: 2k-2k2 UTC/day
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jakiman
Legendary
Offline
Activity: 1638
Merit: 1011
jakiman is back!
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April 18, 2014, 10:59:38 AM |
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I like it. It has a slight 3D look to it even though it isn't. I also like how it has "ULTRACOIN" written on it as anyone can instantly tell what it is. |
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jakoblight
Newbie
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Activity: 58
Merit: 0
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April 18, 2014, 11:18:43 AM |
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Wow! this is really nice ! =D |
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dkdimitrov
Newbie
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Activity: 17
Merit: 0
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April 18, 2014, 11:46:41 AM |
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UTC.EPARI.BG
Open for registration as well
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