ULTIMATECOIN (ULT)

[BillTech]

coins in transition wallet are safe right

[CoinExpert]

Yes they are as safe as before.

[CoinExpert]

I have been looking into the algorithm called blowfish, it looks very interesting. I had to try to break some salted hashes with it a few days ago and it was so slow, I could only get around 40hash/s with my i5 and even less with my GPU. I doubt I could break in any time a 5 character password with it, it is very secure. From my understanding blowfish only works well on CPU's. That would be a good algo to use, I wonder if any other coins use it.

 

[invisiblem11]

any exchange? bittrex? poloniex? mintpal?

[lexusivan888]

I have been looking into the algorithm called blowfish, it looks very interesting. I had to try to break some salted hashes with it a few days ago and it was so slow, I could only get around 40hash/s with my i5 and even less with my GPU. I doubt I could break in any time a 5 character password with it, it is very secure. From my understanding blowfish only works well on CPU's. That would be a good algo to use, I wonder if any other coins use it.

 

should consider an algo , which is more widely applied.
so far as i know, CPU coins are not very popular, not so many people mine it.
i dont mind scrypt, RZR is one of scrypt coins which is doing well recently..
we should think up some more creative ideas,, algo is not really matters.

[waldistons]

Go with CryptoNight algo

[meccoin4me]

Still watching your tread , something tell's me that this is going to be a great coin . can't wait which algo you choose coinexpert

[Nixss]

Website, ultimatebank and web wallet are down, no access, no coins. Very nice dev!

[meccoin4me]

Website, ultimatebank and web wallet are down, no access, no coins. Very nice dev!

Dev is busy with changing the coin's algo , give him some time , he has already done a lot for his coin so he will be back

[Nixss]

Website, ultimatebank and web wallet are down, no access, no coins. Very nice dev!

Dev is busy with changing the coin's algo , give him some time , he has already done a lot for his coin so he will be back

I have a certain amount of coins in web wallet (now unreachable), but I'am glad that at least dev's PR is active

[icecube45]

Website, ultimatebank and web wallet are down, no access, no coins. Very nice dev!

Dev is busy with changing the coin's algo , give him some time , he has already done a lot for his coin so he will be back

I have a certain amount of coins in web wallet (now unreachable), but I'am glad that at least dev's PR is active

I've talked to him on irc, he's trying to get it back, some DNS stuff is happening

[lexusivan888]

any updates ?

[meccoin4me]

what to do with my ultimatecoins??

[BillTech]

web wallets workin

[meccoin4me]

too bad think this coin is dead

[Stinky_Pete]

Anything happening?

[highlandknight]

come on get this coin working again please and ty

[CoinExpert]

Hi, I can fix the coin up and get it going again, I was mining the transition coin and last week I noticed my miner died, the wallet on the pool is reporting an error, havn't bothered to do anything about it yet.

The way digital currencies are going, I doubt it is worth it except for fun.

[Stinky_Pete]

Hooray, lets get going again. What algo have you changed to? Perhaps a merger with another small coin would be advantageous.

[CoinExpert]

I was going to implement X11 then I started looking at alternatives, I didn't see how it would increase the price of the coin so I didn't bother with it.

Main reason I put it on maintenance was that not many people were mining it and those that were I thought were making too much ULT.

So for the last 4 or 5 months, there has been no block rewards, so when I reinstate the rewards, there will be plenty of ULT left to mine and it will be a mature coin and everyone will still have their coins too.

I will keep people updated what will happen, but before I put it on maintenance, the price was so low that even my seigniorage coins were only worth a couple of dollars.