[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5

[cragv]

@BN, please excuse my ignorance, but is the point of merged coins simply to make it advantageous for mining? If so, wouldn't you need an identical blockchain for it to work? (To put it another way, doesn't different blockchains mean different calculations are required?)

Love to understand more on this point though. Any and all explanations appreciated! Thanks

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[prominerone]

[prominerone]

[prominerone]

[prominerone]

[BitcoinNational]

@BN, please excuse my ignorance, but is the point of merged coins simply to make it advantageous for mining? If so, wouldn't you need an identical blockchain for it to work? (To put it another way, doesn't different blockchains mean different calculations are required?)

Love to understand more on this point though. Any and all explanations appreciated! Thanks

No merged HASH utilization but separate chains.  The chains get co-mined.  I'm no expert on the tech details.  Now would be a great time for a lead dev to explain the finer points.

Yes makes it advantageous for mining.  UNO is geared to have very low rewards.  If we can also offer some side chains with high rewards then UNO has other attractive bonus points.  

(Because we may be more profitable to mine than BTC but that will be countered quickly by miners switching in-then-out instantaneously ... and this price/hashrate/profitability DANCE repeats ... but could take days/weeks to oscillate up then down )

Having a good blend of merged coins smooths out the mining hash participation.  Because as UNO profitability drops one of the sidechains maybe in the profitability range, so miners just decide to permanently go to the UNO pool.  

Plus if we have something like a counterparty or mastercoin attached to the network, they can add their 'clutter' to one of the sidechains and not the UNO chain.

---
Got to tweet Pro's artwork
Un needs an atomic number^{if I recall chemistry class correctly the number under the big letters}
I'm thinking kilograms produced per second or minute.

[prominerone]

 Damn man... V500 got arrested in North Korea because he own Un   

[prominerone]

[Benefactor]

RE: merged mining

scorecard
999 UNO has a growing collection of merged coins
011 the merged coins have a cool brand name / help create a naming theme
001 the prehistory of said coin

Have you heard the expression, "There is no 11th marble."?  1011 is your total.  

...But seriously, you sound empassioned.  I like that.  How much BIG have you bought so far?  I actually totally agree with you.  BIG is a great long-term name for a crypto.  It really is.  I also assume people want that merge-mining thing ASAP.  I have to defer my opinion to real miners, now, as I don't mine, anymore.  Mining is TOUGH!

I haven't looked at the BIG webpages, though.  I like UNO.  

FWIW, my opinion now goes with BN that BIG would be a good acquisition, if we took it over/merge-mined it in a fair, organized, and intelligent way.

I also think January is an EXCELLENT month to accomplish this.

Full Disclosure:  I still don't own any BIG at all.  May look into it, if more agree.

[Benefactor]

This situation would definitely give me one BIG UNO!!!

[prominerone]

 what we going to hold in our portfolio . accumulating btc never make  sense for me -at least not anymore ! why not ? Exit this inflated bullshiiiiiit!





 did you remember this posts guys? - yea it's from our dear friend V500. and most likely he is going to be right!

[balu2]

BIG thread says there is no network at all - we can fair launch a coin with ticker BIG any day.

There is also no limit for coins to merge, am i right? So why not just merge everything which can be merged?

Getting DUO back at exchange is maybe not  a bad idea  too. Let's have it all. Best would be to try to draw in fair coins as much as we can. Let's not bother with instamined, premined stuff.

[rojan]

So basically, UNO miners get BIG bonus and BIG miners get UNO bonus as by-product.  Better a BIG bonus for UNO miners than something like WTF.   

[IMZ]

Gonna flat-out vote against Big (Great name but) Massive chunk of the currency is in 3 wallets.

And: Crypto Prices in 2015? Suppose we add a 30-word synopsis, and copy and paste?

Ian and Mark: just can't figure it out -- but it will go hard one way or the other.

[gustav]

let's have only the best with uno. Did bittrex kill duo? Can we have a relaunch or revival?

and if we can get it back let's explicitly tell trex they won't be allowed to list it.  

A new coin needs an exchange that  keeps the market up even with small volume. Markets need to mature over time. Pump and dumps aren't interesting. Real markets need some time to grow.
Delisting like trex is BS - killed DUO, which was a good coin. Let's revive with bleutrade, cryptsy and so on and merge that maybe? We need a fair coin with uno - no premine, no bad surprises.

Look at aurum-coin for example. Such a nice brand - Big is nice brand too - but wasted to greed!!!
Finding shitcoins with nice logo is no problem but we should offer Uno-miners no shitcoin!

Lets get back to DUO - it can be easily traded at 10% - 20% of UNO price - in fact we can peg UNO to DUO with good trading - 5 to 10 DUO for 1 UNO ?

Or just buy more UNO and raise price and hash rises with it  

Let's bring on DUO for real. What's Blazr2 saying about it?

[balu2]

merge with joulecoin?

[IMZ]

I am not a miner -- half a vote me.
I am not a miner -- half a vote me.
I am not a miner -- half a vote me.
I am not a miner -- half a vote me.
I am not a miner -- half a vote me.
I am not a miner -- half a vote me.
I am not a miner -- half a vote me.

Ian and I were talking about merge-mining Joule less than three hours ago

"Or just buy more UNO and raise price and hash rises with it"

But "
Having a good blend of merged coins smooths out the mining hash participation."

[SgtMoth]

...zetacoin???

[balu2]

zet is good too. I have nothing against that.

I'd suggest if zet and/or joule want to fork to be able to merge they should do that. These are good enough coins.

getting DUO into the mix would be nice too. The market will decide its value.

There's no limit to merged coins, is there? Miners could theoretically mine 5 coins at once, couldn't they?
If we get a bunch of good longterm coins merged with uno it's going to really shine


need a word from Blazr2 i think... 

[BitcoinNational]

@PRO

http://imgur.com/gallery/3wkhb
nice space art for backgrounds

===========
V500 para phrased (this is the perfect ad and the only pitch we ever need really give):

Bitcoin will decline until it halves in late summer 2016.  By then nobody will happy with it.  Uno provides a real solution to the (3600 new coins a day) 8% inflationary problem of bitcoin.  Fast halvings, low inflation, built on the same solid SHA256 network as bitcoin.  UNO is bitcoin on steroids and will take its place once the "Masses See" this shortsighted error in the bitcoin fundamentals. 

You want a fair distributed coin with no inflation and market tested ... UNO is that coin ... UNO is what an internet population needs. 

You will only need ONE. 

In 2020 bitcoin will still produce #1800 coins per day, 2024 #900/day, 2032 #225 day, 2040 #56 day, 2052 #15 day. 

UNO is already there, the year 2052, today. 



short and sweet

Why wait 50 years?
UNO puts you in the bitcoin future, TODAY.