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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5  (Read 1047010 times)
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IMZ
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February 05, 2015, 07:54:02 AM
 #5861

Lucky newcomer. Okay -- that's 2 Uno in the pot.

P.S.: your analyses are really good, B.N. 'Traditionally that's been called "enterprise" '

Yaaaaaaaaaaaaaaaah!
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February 05, 2015, 07:19:35 PM
 #5862





Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
gustav
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February 05, 2015, 07:47:40 PM
Last edit: February 05, 2015, 08:26:13 PM by gustav
 #5863






I don't think we have a consensus on bloating the chain and introducing complexity right now - especially not with an untested tech. I hope someone can get that message across to Bryce.
I thought bloating the chain was a Bitcoin-thing...
I hope it's not like Bryce can just decides that without anyone having to agree on it. After all it means a hardfork and i'm not clear on the benefits it provides in regard of UNOs' usecase (store of value).
I see quite some disadvantages it can bring. Screwing up is more a bitcoin thing. They should implement it in btc first - that's dying anyways.
I hope it's just his hype-twitter and he doesn't actually want to implement it - especially not over our heads.
I'd strongly argue for it to be implemented in let's say Diraq first. It should at least be tested for several months in the wild (on another coin) imo.
Why not let Bitcoin fail with it first?

Don't know. Would like to hear others' opinions too.

BN? Charlie? Prominer? Blazr2? Bene? The others?

-----

I don't like this approach of tweeting it before even coming on the thread and proposing it. Can't he even come in here and discuss it?
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February 05, 2015, 08:27:18 PM
 #5864






I don't think we have a consensus on bloating the chain and introducing complexity right now

....

Don't know. Would like to hear others' opinions too.

BN? Charlie? Prominer? Blazr2? Bene? The others?
Yeah, I've been pretty underspoken on this one, cautious.

In this very thread, Fallingknife did get a difficult consensus to merge-mine with BTC, got Bryce's opinion, and communicated back to Bryce that we've ultimately consented to this.  I know all this from only reading this thread.

The sidechains~?  Definitely has to be a part of his twitter self-promotion.  I guess his business model is as a Cryptocurrency Consultant.  I imagine he's raking in the dough with that.

Did we agree on the sidechains?  I'm pretty sure I have not, nor do I explicitly consent to it.

I don't adequately understand sidechains to have a worthy opinion on the subject!

-

Well, Bryce is busy, and we are undoubtedly privileged to have his skills on board.  If he's working on merge-mining with BTC, as he should, which has to be a fork, then why not add value to UNO with the sidechains, too?  That's cutting-edge.  My gut tells me this is a positive development, and may prove to be another privilege.  I think the rockchain can handle it.

My bias remains BTC positive, which many of you disagree with.  The information I have that forms this opinion isn't easily communicated.  It's powerful, but also it is questionable.  Like the casino game voice says, "Anything can happen; anyone can win!"   Grin

-All just in my goofy, underqualified opinion.


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gustav
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February 05, 2015, 08:33:43 PM
Last edit: February 05, 2015, 08:46:33 PM by gustav
 #5865






I don't think we have a consensus on bloating the chain and introducing complexity right now

....

Don't know. Would like to hear others' opinions too.

BN? Charlie? Prominer? Blazr2? Bene? The others?
Yeah, I've been pretty underspoken on this one, cautious.

In this very thread, Fallingknife did get a difficult consensus to merge-mine with BTC, got Bryce's opinion, and communicated back to Bryce that we've ultimately consented to this.  I know all this from only reading this thread.

The sidechains~?  Definitely has to be a part of his twitter self-promotion.  I guess his business model is as a Cryptocurrency Consultant.  I imagine he's raking in the dough with that.

Did we agree on the sidechains?  I'm pretty sure I have not, nor do I explicitly consent to it.

I don't adequately understand sidechains to have a worthy opinion on the subject!

-

Well, Bryce is busy, and we are undoubtedly privileged to have his skills on board.  If he's working on merge-mining with BTC, as he should, which has to be a fork, then why not add value to UNO with the sidechains, too?  That's cutting-edge.  My gut tells me this is a positive development, and may prove to be another privilege.  I think the rockchain can handle it.

My bias remains BTC positive, which many of you disagree with.  The information I have that forms this opinion isn't easily communicated.  It's powerful, but also it is questionable.  Like the casino game voice says, "Anything can happen; anyone can win!"   Grin

-All just in my goofy opinion.

We didn't even fully consent on merged mining. BN wasn't fully convinced and right now as things stand with btc hardfork (that could very well sink the titanic) and UNO rising price i wouldn't want to see it soon. If Uno can stand on its own and bitcoin goes to the dogs with a fork into two chains - why would we want it? I don't see a need to hurry with it right now as bitcoins' future is in no way a sure thing currently.

Do we merge mine against Mpcoin or Gavincoin? ... because 'bitcoin' is definately over with the hardfork (either way - it engaged in an act of canibalism with a hardfork without consensus on it ... bitcoin is on shaky terrain right now).
I only know: i am not a user of Gavincoin or Mpcoin
Would be sad to see UNO loose that very important autonomy right now.
Things change fast in crypto as we all know.

Get yourself a status update on bitcoin-fork aswell as sidechains please to be able to have an opinion on it.

Bitcoin is disintegrating pretty badly right now. People ask for Bitcoin 2.0 and the bitcoin killer right now. Man, everyone is on different planets. Please do not introduce any changes to UNO during this time of a very weak Bitcoin. THANK YOU!
Later it's maybe a different story.
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February 05, 2015, 08:48:09 PM
 #5866

I'm thinking by "fully consent" you mean 100% agreement in the final plan.  I don't think this is even reasonable.  The argument for corruptible centralization has been that you cannot act quickly enough by committee.  I'm ok with 70% agreement or othewise silent consent on this one.  (Because I'm BTC-positive.)

-

Think about it - BTC is less-demonized by the powers that be these days.  Huge corps and entities are buying BTC up.  That they are depressing the price is almost an homage to cryptocurrency philosophy.  ...So is there really no $1M/day to pay for BTC's inflation???  I think the money actually is there.  (There's a whole lot to my BTC-positive bias that isn't discussed, here.)

What about UNO?  Fact is that it's largely ignored.

I'm thinking add the merge-mining and sidechains with BTC, and the price of this scarce, top-shelf investment cryptocommodity is 0.10 BTC's and goes up from there.

-

Maybe some of you aren't interested in a huge, sustainable price gain in UNO?  Still 'accummulating'?  The whales on here have enough, and the health of Unobtanium long-term is in wider distribution.  Even a whaleshare is worth more with less in this case.  It's counter-intuitive.

Try positive-thinking....Say this very meaningfully to yourself very slowly a number of emotion-consenting times:

"Goood things, are coming your way."  "It is ok for me to be successful."  "I am ready for success."


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February 05, 2015, 08:50:53 PM
 #5867

It is risky to do major changes.
UNO's price is going up constantly which is an indication of trust by the community.
It is important not to screw things up, as being said, sidechains need to be tested and I don't want UNO be the tester. We are more like a turtle that covers us with the shelter than being on the edge of new (read: untested) tech.
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February 05, 2015, 08:52:16 PM
 #5868

bitcoin hardfork discussion:

thread1:
https://bitcointalk.org/index.php?topic=919629.0

thread 2:
https://bitcointalk.org/index.php?topic=941331.0

thread 3:
https://bitcointalk.org/index.php?topic=946236.0


there's currently an epic show going down
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February 05, 2015, 08:53:54 PM
 #5869

It is risky to do major changes.
UNO's price is going up constantly which is an indication of trust by the community.
It is important not to screw things up, as being said, sidechains need to be tested and I don't want UNO be the tester. We are more like a turtle that covers us with the shelter than being on the edge of new (read: untested) tech.

correct - and we are the only coin that is positioned in this relative conservative way which is a big trust-factor and unique in crypto-space.
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February 05, 2015, 08:55:51 PM
 #5870

Please do not introduce any changes to UNO during this time of a very weak Bitcoin. THANK YOU!
Later it's maybe a different story.

I would strongly argue the opposite.  This IS the time to act, and there may only be weeks left to accomplish this.  Perhaps Bryce knows this, too, and thus the quasi-urgency.

It is clear to me that BTC's power is grossly underestimated, here.

Think about it, what will a tremendous gain in BTC do to Unobtanium's price?  The $USD is about to massive fail.  This is very serious stuff.  Do we even know who hold the whale's share of UNO?  No.  ...And we don't know how they will respond.  This is more risky than adding sidechains for sure.

Add great value to Unobtanium, and the uncertainty is significantly mitigated.


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February 05, 2015, 08:57:30 PM
 #5871

Please do not introduce any changes to UNO during this time of a very weak Bitcoin. THANK YOU!
Later it's maybe a different story.

I would strongly argue the opposite.  This IS the time to act, and there may only be weeks left to accomplish this.  Perhaps Bryce knows this, too, and thus the quasi-urgency.

It is clear to me that BTC's power is grossly underestimated, here.

will you be using Gavincoin or Mpcoin later?
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February 05, 2015, 09:00:23 PM
 #5872

Please do not introduce any changes to UNO during this time of a very weak Bitcoin. THANK YOU!
Later it's maybe a different story.

I would strongly argue the opposite.  This IS the time to act, and there may only be weeks left to accomplish this.  Perhaps Bryce knows this, too, and thus the quasi-urgency.

It is clear to me that BTC's power is grossly underestimated, here.

will you be using Gavincoin or Mpcoin later?
I don't know what that is, and I don't think I'm interested.


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gustav
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February 05, 2015, 09:03:14 PM
 #5873

Please do not introduce any changes to UNO during this time of a very weak Bitcoin. THANK YOU!
Later it's maybe a different story.

I would strongly argue the opposite.  This IS the time to act, and there may only be weeks left to accomplish this.  Perhaps Bryce knows this, too, and thus the quasi-urgency.

It is clear to me that BTC's power is grossly underestimated, here.

will you be using Gavincoin or Mpcoin later?
I don't know what that is, and I don't think I'm interested.

Well, you should have a quick look into the threads i just posted maybe. (only if you want of course)
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February 05, 2015, 09:06:17 PM
 #5874

Sink or swim:  These changes under discussion bring great stability to Unobtanium in terms of network.

How can you argue with this point?  (I don't need to be explicit with what this really means, given current circumstances in mining and government coersion.)


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February 05, 2015, 09:13:28 PM
 #5875

In considering any major change, I have always found it very helpful to list the pros and cons. Does anyone have a link to what side chains are? What has been explained here briefly, seems to be a typical bell or whistle that really does nothing to add value. However, I want to learn more.

One thing to remember, these types of discussions are highly stressful. Let's all remember the greater community and remain respectful at all times.

In my opinion, one of UNO's greatest strengths is that it is not like everything else. I believe people are beginning to see that and interest is growing organically.

I also agree with a previous post, in which someone suggested Mr Weiner come into the forum and explain what the benefits and detriments of the side chain are, in his opinion.

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
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February 05, 2015, 09:15:46 PM
 #5876

Sink or swim:  These changes under discussion bring great stability to Unobtanium in terms of network.

How can you argue with this point?  (I don't need to be explicit with what this really means, given current circumstances in mining and government coersion.)

Let's say sidechains become a standard feature in many coins. How do we benefit from it?
Let's say contrary to that: sidechains are a failure because they have a  fatal flaw (not yet discovered) which will be revealed later. How do we benefit from that?

Can you show how exactly are they bringing in more hashpower? What are the benefits they provide for us?


In considering any major change, I have always found it very helpful to list the pros and cons. Does anyone have a link to what side chains are? What has been explained here briefly, seems to be a typical bell or whistle that really does nothing to add value. However, I want to learn more.

One thing to remember, these types of discussions are highly stressful. Let's all remember the greater community and remain respectful at all times.

In my opinion, one of UNO's greatest strengths is that it is not like everything else. I believe people are beginning to see that and interest is growing organically.

I also agree with a previous post, in which someone suggested Mr Weiner come into the forum and explain what the benefits and detriments of the side chain are, in his opinion.

Correct these  discussions tend to be very stressful.

here for sidechains info:
https://bitcointalk.org/index.php?topic=831527.0

(still very controversal, the press is hyping it though. Only few actually understand it)
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February 05, 2015, 09:20:21 PM
 #5877

This year: 10$ a coin
Next year 50$ a coin
what do you think ?
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February 05, 2015, 09:22:44 PM
 #5878

This year: 10$ a coin
Next year 50$ a coin
what do you think ?

this is possible, even probable (if no unforseen problems occure on the way of course) imo
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February 05, 2015, 09:24:49 PM
 #5879

In considering any major change, I have always found it very helpful to list the pros and cons. Does anyone have a link to what side chains are? What has been explained here briefly, seems to be a typical bell or whistle that really does nothing to add value. However, I want to learn more.

One thing to remember, these types of discussions are highly stressful. Let's all remember the greater community and remain respectful at all times.

In my opinion, one of UNO's greatest strengths is that it is not like everything else. I believe people are beginning to see that and interest is growing organically.

I also agree with a previous post, in which someone suggested Mr Weiner come into the forum and explain what the benefits and detriments of the side chain are, in his opinion.
Yes, I want to have a much better estimate of rockchain bloat from the changes asserted by Bryce.

One thing I can see, though, is the advantage of becoming THE positive example of sidechains.  Seriously, 0.10 BTC's in March, then up.  Without the change, hit 0.05 for a millisecond in October, then bear market for 5 months.  (Ok, possible, but this is bad FUD to support a vain bit of devil's advocate in an argument I don't understand.  Honestly, I'd say most people on here do not understand what is under discussion.  We really do need Bryce to go into intimate detail as to what sidechains are and what changes and advantages and disadvantages they present, and then we can actually de-facto complete our discussion and finalize our approach as a community.)


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February 05, 2015, 09:26:47 PM
 #5880

i'm leaning towards a vote for NO action, side chains or merged mining.  at least no action for 5 months.  i don't see any threat of dropping hash and with rising price the hash will also rise.  why dilute the pure chain we have here for a threat that isn't really there?

sounds like bryce has got his head in the clouds again and maybe thinking a little too much like its "his coin."  can we gently reel him in, back down to earth for a few?  what would it take to get him to have a brief conversation with us here?  I really don't like that there's a bit of a disconnect between him and the community

but for real, though, the guy i REALLY want to hear from, and who's opinion would hold the most weight with me would be Blazr2.  that guy is the real deal.
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