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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5  (Read 1046621 times)
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ethought
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June 11, 2015, 12:48:18 PM
 #8781

Let's leave it at 'maybe later'. And if it's coming later after proof of concept on another coin in the wild it should be done by Maxwell. But right now we're still busy with ironing out the last update and i feel the community desires a good coin that's not a constant building site, at least for a while.
In 'under construction' conditions the cap won't grow.

I tell you: there will be no longterm demand from it beyond a pump and dump. It's really not that interesting and even too risky for that possible reward.
There is a whole lot of stuff to get right before we can even talk about another hardfork. Right now it's uncalled for. Maybe later.

I think the cap will grow a whole lot more if we can make the last update 100% and say "we're good for a little while" so the community can recover a little from the last very stressfull fork which in the end of the day caused selling instead of buying because it was delivered badly. I don't think we're interested in more screwjobs right now.

I tend to agree with you.

UNO has proven to be greatly reliable in price terms (even if very undervalued (in my opinion)). I think the tech needs to match this - just make it work and work really well. Reliable / Solid / Safe UNO!

While I think MM was a great move, I don't think sidechains etc are really called for at this stage.

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June 11, 2015, 12:48:35 PM
 #8782

I need an updated list of nodes and the clients they are running, for data purposes. If no one has one already I'll throw it up a gist and make it auto update.
You can find that here.

https://chainz.cryptoid.info/uno/#!network


Also here: http://www.blocktree.io/peers/UNO/
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June 11, 2015, 01:49:10 PM
 #8783

I need an updated list of nodes and the clients they are running, for data purposes. If no one has one already I'll throw it up a gist and make it auto update.
You can find that here.

https://chainz.cryptoid.info/uno/#!network


Also here: http://www.blocktree.io/peers/UNO/


Very nice link, thank you for the share. It fixed a json problem I was having with other services.


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F A I R
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gustav
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June 11, 2015, 05:06:44 PM
Last edit: June 11, 2015, 05:30:45 PM by gustav
 #8784

Higher cap = better dev support, better hash, better pool support  Wink

We're at a point where higher price means also higher value (at least for a notch).

----

Been calculating costs per txs (last 24h to 48h):

Cost for a Bitcoin tx: approx 8$ (and that's a low for btc)
Cost for a LTC tx approx: 13,20$
Cost for a VTC tx: approx 12,26$ (at yesterdays' cap)
Cost for a DASH tx approx: 8,37$
Costs for a PPC tx approx: 1,82$
Costs for a FTC tx approx: 1,53$
Cost for a UNO tx aprox: 0,40$

It's calculated: "costs daily inflation devided by number of tx occured".
The more txs occure the lower the price for a individual tx. Inflation and price are the other factors in that metric. So costs per tx actually is a real good metric to show use vs inflation vs marketcap. I think it's a helpful metric to decide if i coin is over or undervalued.
 
Uno has a lot room for txs growth so in the future the cost per tx in Uno will likely be minimal compared to other coins even on higher cap. So it's highly competitive in that very important area and will be a very interesting coin in case btc blocksize increase goes wrong or doesn't happen at all (odds are 90% of these two possibilities imo).

Really a smart coin, that Unobtanium.

When looking at above tx costs it appears that Uno isn't even overly speculated on as txs are in a very sane range. Tx costs will drop in half with the next halving in case use stays the same. If actual use goes up in the future tx costs will be reduced further.

Thought i'd share some numbers and theory with you.   Wink

Getting users up means getting the theoretical tx costs down for the individual tx.
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June 11, 2015, 05:44:54 PM
 #8785

China  update:



1. Translator is paid.

2. Translations in hands of FK, and Pnoch.

3.  Translation of website needs to go to Learminer, for Chinese tab on website.

4.  Op of this thread needs to be posted as OP to Chinese bitcoin thread, who?

I am the project manager.

Touch no money, no product, I just make request for cooperation.

Who the f is doing what the f with what we have now?

I am both clueless and toothless.

Report.  Please.  Thanks.  Now.  Dammit.  Sound off.

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June 11, 2015, 07:10:09 PM
 #8786

Using the translated content, I opened a Uno Chinese thread at https://bitcointalk.org/index.php?topic=1087424.msg11594343#msg11594343 .

If someone could keep an eye on it for replies. It really should be moderated by someone who speaks Chinese.  Also linked from the OP here.
The images in the thread are not translated. They are puled from the imgur files.


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June 11, 2015, 08:06:12 PM
 #8787

I have a fairy dumb question...

Does anyone know the default file location of the Unobtanium wallet.dat file in Windows Vista? I am updating to the new wallet and have used the "Backup Vault" feature to create a backup wallet file but I'd like to make double sure I've backed things up correctly before upgrading, and I'll also need to know where to paste the wallet backup in the new wallet folder.

Sorry about the dumb q... just don't want to mess up and lose all my precious UNOs.
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June 11, 2015, 08:27:26 PM
 #8788

Unobtanium is hard to get, and like a rare elemental
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June 11, 2015, 08:28:01 PM
 #8789

Higher cap = better dev support, better hash, better pool support  Wink

We're at a point where higher price means also higher value (at least for a notch).

----

Been calculating costs per txs (last 24h to 48h):

Cost for a Bitcoin tx: approx 8$ (and that's a low for btc)
Cost for a LTC tx approx: 13,20$
Cost for a VTC tx: approx 12,26$ (at yesterdays' cap)
Cost for a DASH tx approx: 8,37$
Costs for a PPC tx approx: 1,82$
Costs for a FTC tx approx: 1,53$
Cost for a UNO tx aprox: 0,40$

It's calculated: "costs daily inflation devided by number of tx occured".
The more txs occure the lower the price for a individual tx. Inflation and price are the other factors in that metric. So costs per tx actually is a real good metric to show use vs inflation vs marketcap. I think it's a helpful metric to decide if i coin is over or undervalued.
 
Uno has a lot room for txs growth so in the future the cost per tx in Uno will likely be minimal compared to other coins even on higher cap. So it's highly competitive in that very important area and will be a very interesting coin in case btc blocksize increase goes wrong or doesn't happen at all (odds are 90% of these two possibilities imo).

Really a smart coin, that Unobtanium.

When looking at above tx costs it appears that Uno isn't even overly speculated on as txs are in a very sane range. Tx costs will drop in half with the next halving in case use stays the same. If actual use goes up in the future tx costs will be reduced further.

Thought i'd share some numbers and theory with you.   Wink

Getting users up means getting the theoretical tx costs down for the individual tx.

Interesting - what are the underlying values involved?

However, I'm not really convinced those "costs" are directly comparable.

They are borne the whole ecosystem and so I think you really need to allow for the relative sizes of the ecosystems involved.  Not sure what the right metric would be though - perhaps dividing by the total number of non-zero addresses would be one way?
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June 11, 2015, 08:44:39 PM
Last edit: June 11, 2015, 10:03:59 PM by gustav
 #8790



Interesting - what are the underlying values involved?

However, I'm not really convinced those "costs" are directly comparable.

They are borne the whole ecosystem and so I think you really need to allow for the relative sizes of the ecosystems involved.  Not sure what the right metric would be though - perhaps dividing by the total number of non-zero addresses would be one way?

It is calculated this way:
Daily inflation costs (for bitcoin example 3600 coins times price 230$ = 828k$ global network costs).
This  number is then devided by the total number of transactions that occured in the same 24h.

The number you get out is the overall costs per every individual tx on that day (inflation costs spread out over all txs).

As the total number of transactions is included in the formula the size of the ecosystem is taken into account imo.

I do think you can compare coins directly this way as long as we're talking about similar secure networks. But can also imagine other people would think different.

https://bitinfocharts.com
gives you for a lot of alts the needed info to quickly do that calculation.

For Bitcoin you can get the info ready available here: https://blockchain.info/en/charts/cost-per-transaction

The metric is volatile of course as it depends on price, halvings aswell as on amount of txs that occure. So today a btc tx is only around 7$ while it was 8$ yesterday.

If you look at Uno there aren't a whole lot of txs happening yet (it's also not a tipping coin for micro txs) but as the inflation costs are extremely low the relatively small amount of txs doesn't matter a lot. If txs were to go up from increased userbase it would be really cheap txs and extremely hard to compete with for most other coins.

If altcoin txs were to be demanded more in the future Uno would be first consumers choice (besides maybe doge if it doesn't loose its luster) to even more efficiently and almost as secure transact with crypto while using not Bitcoin. At least that's how i would interpret the numbers. Btc and Ltc txs are really expensive at this point in time imo.
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June 11, 2015, 08:44:43 PM
 #8791

looks like spartans are storming the gates today!

time to BUY!

 Grin

The rarest and fairest...Unobtanium
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June 11, 2015, 10:50:49 PM
 #8792

I have a fairy dumb question...

Does anyone know the default file location of the Unobtanium wallet.dat file in Windows Vista? I am updating to the new wallet and have used the "Backup Vault" feature to create a backup wallet file but I'd like to make double sure I've backed things up correctly before upgrading, and I'll also need to know where to paste the wallet backup in the new wallet folder.

Sorry about the dumb q... just don't want to mess up and lose all my precious UNOs.

Start>Run> %APPDATA%\Unobtanium I believe


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DICE GAME
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PROVABLY
F A I R
▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
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June 11, 2015, 10:57:47 PM
 #8793

I have a fairy dumb question...

Does anyone know the default file location of the Unobtanium wallet.dat file in Windows Vista? I am updating to the new wallet and have used the "Backup Vault" feature to create a backup wallet file but I'd like to make double sure I've backed things up correctly before upgrading, and I'll also need to know where to paste the wallet backup in the new wallet folder.

Sorry about the dumb q... just don't want to mess up and lose all my precious UNOs.

Start>Run> %APPDATA%\Unobtanium I believe

That should do it. If you need more instructions on how to do find the wallet.dat, check this post. https://bitcointalk.org/index.php?topic=527500.msg11422814#msg11422814

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June 11, 2015, 11:30:49 PM
 #8794

Is there wallet on Chinese?

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June 11, 2015, 11:55:35 PM
 #8795

Is there wallet on Chinese?
We don't have a wallet yet with a Chinese installer that defaults to Chinese language.

But there is Chinese menu support in the wallet.



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June 12, 2015, 12:58:13 AM
 #8796

At least for starters there should be wallets and info besides English on Chinese, Russian, Spanish, Portugese if we plan to conquer those markets as well.

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June 12, 2015, 03:03:02 AM
Last edit: June 12, 2015, 03:16:43 AM by balu2
 #8797

I'm missing the unique 9th digit of the Uno. It has only 8 now and that sucks. Where is Blazr2?! We need someone with a plan!
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June 12, 2015, 03:37:29 AM
 #8798

I'm missing the unique 9th digit of the Uno. It has only 8 now and that sucks. Where is Blazr2?! We need someone with a plan!
Sorry, ur missing huh?

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June 12, 2015, 04:00:30 AM
Last edit: June 12, 2015, 04:39:31 AM by IMZ
 #8799

At least for starters there should be wallets and info besides English on Chinese, Russian, Spanish, Portugese if we plan to conquer those markets as well.

Welcome, dimke_yu. Yaaaaah, we should. We will. And shall. And other modal verbs.

Got our first paper wallet on my desk. Details to follow: a whole Security Protocol ('trust-alliance model') under development.

1.0 wallet running.

IMZ Mark
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June 12, 2015, 04:53:11 AM
 #8800

At least for starters there should be wallets and info besides English on Chinese, Russian, Spanish, Portugese if we plan to conquer those markets as well.

Well, we pay for this.

I notice you didn't contribute.

Once we find someone to promote the Chinese site and take care of a Chinese Weibo feed, we will see if we can successfully mount a campaign to have UNO listed on Chinese exchanges.

Then, we will have to see if that moves the price up.

Because if all the effort to list in China doesn't pay off, why would we bother doing Portugese?

The point of "Conquering China" is not to make Uno polylingual.  The point is to get it listed on Chinese exchanges because the Chinese do the bulk of all the trading.

If you would like to translate or provide finance and project manage a translation into another language, nobody will stop you.

Finding a Chinese person to rise to this challenge is proving difficult.

What do you bring to the table?
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