[Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions!

[usukan]

yeah that was a bummer (but look how cheap they are now! - good chance to buy 40k back for less than 0.2 BTC) - keep them off exchanges and under your control at all times - except for a quick trade - in and out fast

even Cryptsy has a few issues at present changing over to KYC requirements but should come right (big problems with withdrawals and withdrawal limits for their retrospectively applied tiers)

Damn mintpal stole my 40k coins I hope they choke on it.

[pugman]

Many exchanges are starting to get rid of coins with hardly any volume, if this isn't marketed soon we will be delisted for every exchange within 6months, and before u all say I should do more I invested lots of money in UTC & have never sold.

[reb0rn21]

Many exchanges are starting to get rid of coins with hardly any volume, if this isn't marketed soon we will be delisted for every exchange within 6months, and before u all say I should do more I invested lots of money in UTC & have never sold.

compared with rest UTC even with low price is mostly in top 10 volume coin @cryptsy!

this is time to acomulate for the brave

[funsponge]

There will be a resurgence of crypto soon or later. When there is we need to make UTC attractive to potential investors. Make them believe in Ultracoin over other coins. What can we offer that no other coin can, what is different about our 'product'.
.
Confidence is everything for the cryptoworld. If confidence is shown and a community spirit others will join in and the community will grow. Its all about community. Crypto is still very young. Many coins in the next 2 years will die. FORGET PRICE & MARKETCAP, this will come over time. The main priority is gaining trust in new investors and growing a community. I'm aware if marketcap is low people become uninterested and moral becomes low and tend not to visit here that much or visit the twitter and facebook pages, but if we all group together in these hard times when the next 'wave' of investors come it will be worth it. They will see an active community all pushing in the same direction wanting a crypto to succeed.

Note to management;

The community leader on here seems to have disappeared. We need weekly goals and challenges please to get involved with, facebook giveaways etc etc . Meet up on Cryptsy chat every Thursday for 30 minutes to discuss with new investors why UTC is a good idea for example. If this was done every week for the last 20 month imagine! the size of the community!!

When Bumface left we were told communication was a huge problem with him and he didnt do enough of it. Well we are in the same boat now. You promised a lot of things at the start of the year and if we shown you are not trying to achieve these goals naturally people will lose confidence and leave/sell. Crypto is new, and takes longer to achieve things than anticipated, so even if some goals are unrealistic after trying to pursue them tell us so we can we an effort is been made. We don't except perfection, we just like to see things are been done. Keep us all in the circle of trust and share with us your findings/successes/failures. This sharing of information is vital.

[BorisWCR]

Stevan, is there a bug in the new wallet ?

... i did the download of the update v7418 a view days ago and tested it.

The wallet seems working ok with deposits and witdrawals.

But i think i see a bug, can you (all) check this please if i am right  ?

The problem i think is with staking.

If i start the wallet it gives the info "there are mature coins for staking"

But when i enable stake minting and keep the wallet open for many hours there are zero staked coins transactions ?

I did this during a view days, so zero staked coin transactions came in ?
 
I geuss something is wrong or do i miss something ?

Thanks for everbodys help...

[Vita1ico]

There is a link to database synchronization ? Very long sync block ..

[usukan]

I am trying to stake with a new wallet just over a week old.  Coin age is not much.

But it says "you have mature coins for staking" Expected time to reward is 5mins.

Been staking it for 8hrs but no stake as yet.

I expect its because the coin age is not competitive in the staking pool.

I would not worry just yet

Stevan, is there a bug in the new wallet ?

... i did the download of the update v7418 a view days ago and tested it.

The wallet seems working ok with deposits and witdrawals.

But i think i see a bug, can you (all) check this please if i am right  ?

The problem i think is with staking.

If i start the wallet it gives the info "there are mature coins for staking"

But when i enable stake minting and keep the wallet open for many hours there are zero staked coins transactions ?

I did this during a view days, so zero staked coin transactions came in ?
 
I geuss something is wrong or do i miss something ?

Thanks for everbodys help...

[usukan]

good idea - it took 3 days to sync for me

There is a link to database synchronization ? Very long sync block ..

[lpedretti]

Any quote on this? Thanx!

When does the NF change takes effect?

[usukan]

should go into effect sometime around November 1st

Any quote on this? Thanx!

When does the NF change takes effect?

[lpedretti]

Awesome!
Right in time for me to add another gpu to my rig
NF14 rocks. the best balance between mem usage and gpu stress

should go into effect sometime around November 1st

Any quote on this? Thanx!

When does the NF change takes effect?

[usukan]

just don't sell em for a while or you will lose out

Awesome!
Right in time for me to add another gpu to my rig
NF14 rocks. the best balance between mem usage and gpu stress

should go into effect sometime around November 1st

Any quote on this? Thanx!

When does the NF change takes effect?

[alenevaa]

I just took a look at the source code and I found out that:

should go into effect sometime around November 1st

When does the NF change takes effect?

NF changes exactly Sun, 01 Nov 2015 00:00:00 GMT (UNIX TimeStamp 1446336000)

The PoW reward for block will be reduced to 10 coins sometime around November 1st (or more precisely from block height 1500000).

So NF14 and reward=10 will be as two independent events (but close in time to each other)
---

Block reward reducing really differs from what has been declared:

Change notes:

Change to 10 UTC per block pending new update
10 UTC per block - 4,000,000
5 UTC per block - 6,000,000
2.5 UTC per block - 8,000,000
1.25 UTC per block - 20,000,000
1 UTC per block - 25,000,000
.5 UTC per block - 30,000,000
.25 UTC per block - 40,000,000
.125 UTC per block - 50,000,000
.01 UTC per block - 208,145,600

Change to 2% pending new update
1.5% per year at block 4,000,000
1% per year at block 8,000,000

GitHub Diff:

https://github.com/Kracko/ultracoin-2/compare/6135192516147ae7d478fd850b085165289558a1...Kracko:master

Steven, do you know about this!?

[usukan]

staked for over 24hrs now with a new wallet

Expected time to stake 5mins

no stakes at all

will try when coins a month old - unless I hear there is an issue which has been solved

I am trying to stake with a new wallet just over a week old.  Coin age is not much.

But it says "you have mature coins for staking" Expected time to reward is 5mins.

Been staking it for 8hrs but no stake as yet.

I expect its because the coin age is not competitive in the staking pool.

I would not worry just yet

Stevan, is there a bug in the new wallet ?

... i did the download of the update v7418 a view days ago and tested it.

The wallet seems working ok with deposits and witdrawals.

But i think i see a bug, can you (all) check this please if i am right  ?

The problem i think is with staking.

If i start the wallet it gives the info "there are mature coins for staking"

But when i enable stake minting and keep the wallet open for many hours there are zero staked coins transactions ?

I did this during a view days, so zero staked coin transactions came in ?
 
I geuss something is wrong or do i miss something ?

Thanks for everbodys help...

[sorryforthat]

Would someone mind helping me create a solid configuration for a Nvidia 860M on CUDA miner? Its much appreciated.

[alenevaa]

Would someone mind helping me create a solid configuration for a Nvidia 860M on CUDA miner? Its much appreciated.

in short:

Code:

cudaminer.exe --algo=scrypt-jane:UTC -L 3 -l t23x1 -o stratum+tcp://yacoin.club:3443 -O YourUserName.WorkerName:WorkerPassword

See more detailed answer in the Pool support thread..

[lpedretti]

I'm still holding a big bag
After the change utc should easily go up to 5k-10k, as reducing the botnets coin abusing and the block reward should have an interesting impact on dumping.

just don't sell em for a while or you will lose out

Awesome!
Right in time for me to add another gpu to my rig
NF14 rocks. the best balance between mem usage and gpu stress

should go into effect sometime around November 1st

Any quote on this? Thanx!

When does the NF change takes effect?

[lpedretti]

The retarget block is set at block 1500000 and the reward at 10 utc from that block on.
It's not changed for the following retargets after that one, but the next one is already in place

See line 980 in src/main.cpp

int64 nRetargetUpdateStartV4 = 1500000; // fix #3  Nov 01 2015 @ 12am +/- 3 days UT target

and later on same file line 1042

else if (nHeight < nRetargetUpdateStartV4)
    {
        nSubsidy = 30 * COIN;
    }
    else if (nHeight < 6000000)
    {
        nSubsidy = 10 * COIN;
    }

Before block 1500000 the subsidy is 30 coins, from block 1500000 on and before block 6000000 the subsidy is currently 10 coins. That should be ok for now i think.
I mean, block 4000000 is several years from now, there's plenty of time to make adjustments until that time.

I just took a look at the source code and I found out that:

should go into effect sometime around November 1st

When does the NF change takes effect?

NF changes exactly Sun, 01 Nov 2015 00:00:00 GMT (UNIX TimeStamp 1446336000)

The PoW reward for block will be reduced to 10 coins sometime around November 1st (or more precisely from block height 1500000).

So NF14 and reward=10 will be as two independent events (but close in time to each other)
---

Block reward reducing really differs from what has been declared:

Change notes:

Change to 10 UTC per block pending new update
10 UTC per block - 4,000,000
5 UTC per block - 6,000,000
2.5 UTC per block - 8,000,000
1.25 UTC per block - 20,000,000
1 UTC per block - 25,000,000
.5 UTC per block - 30,000,000
.25 UTC per block - 40,000,000
.125 UTC per block - 50,000,000
.01 UTC per block - 208,145,600

Change to 2% pending new update
1.5% per year at block 4,000,000
1% per year at block 8,000,000

GitHub Diff:

https://github.com/Kracko/ultracoin-2/compare/6135192516147ae7d478fd850b085165289558a1...Kracko:master

Steven, do you know about this!?

[usukan]

@Boris WCR

the staking is working just fine now

Just connected and got a nice stake from new wallet within a few mins

my staking time reports 1 min

UPDATE - Feck its fair humming - stakes backing up one after another.

Not getting any orphans like I used to with the old wallet.

Must need 10-14 days to get adequate coin age

staked for over 24hrs now with a new wallet

Expected time to stake 5mins

no stakes at all

will try when coins a month old - unless I hear there is an issue which has been solved

I am trying to stake with a new wallet just over a week old.  Coin age is not much.

But it says "you have mature coins for staking" Expected time to reward is 5mins.

Been staking it for 8hrs but no stake as yet.

I expect its because the coin age is not competitive in the staking pool.

I would not worry just yet

Stevan, is there a bug in the new wallet ?

... i did the download of the update v7418 a view days ago and tested it.

The wallet seems working ok with deposits and witdrawals.

But i think i see a bug, can you (all) check this please if i am right  ?

The problem i think is with staking.

If i start the wallet it gives the info "there are mature coins for staking"

But when i enable stake minting and keep the wallet open for many hours there are zero staked coins transactions ?

I did this during a view days, so zero staked coin transactions came in ?
 
I geuss something is wrong or do i miss something ?

Thanks for everbodys help...

[alt19]

estimated UTC supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks