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

[Roister01]

Hi folks,

Probably stupid questions for you clever folk, but here goes:

Why do I need to withdraw coins from the Ultracoin pool before midnight tonight...what if I dont?

What is the difference between the two pools? Why is there two?

How can I be sure that my qt has upgraded? How can I check?Thanks in advance for the advice.

Cheers,

Roister01

 

[Roister01]

Sorry folks, also meant to ask:

Do I need to adjust any settings in my miner, to connect it to the new pool, or will it know to do that on its own?

Cheers,

Roister01

[alenevaa]

Probably stupid questions for you clever folk, but here goes:

Why do I need to withdraw coins from the Ultracoin pool before midnight tonight...what if I dont?

Very clever questions indeed! 

As you can read earlier, official Ultracoin goes to mandatory update with NF14 and block reward reducing.

This changes of the Ultracoin protocol are not backwards-compatible; i.e., older client versions would not accept blocks created by the updated client, considering them invalid. Obviously, this can create a blockchain fork when nodes running the new version create a separate blockchain incompatible with the older software.

If you withdraw coins before fork point (01 Nov 2015 00:00:00 GMT), you'll be able to use them in both blockchains.

[alenevaa]

What is the difference between the two pools? Why is there two?

utc.yacoin.club will stay on the same wallet.
utc14.yacoin.club will use NF14 wallet.

I have requests from the miners to save original pool. That's the answer!

Beside that, it's not well known will Cryptsy upgrade their wallet? How it goes?
Official site has no actual information about upgrading process and even about important changes.

So I simply added another pool. Miners are free to choose what they will do.

[usukan]

If anybody buys UTC on Cryptsy - advice is get them off that exchange by changeover time.

Otherwise they will get stuck on Cryptsy till they upgrade their wallet.  That could take 2 weeks - or possibly a LOT longer (I have DEM trapped for 5-6 months now).  They are run off their feet at present time.

Despite all the griping about withdrawals not working on Cryptsy - they certainly do work fine for UTC but make sure you upgrade to Tier 1 (supply name and address).

[alenevaa]

Sorry folks, also meant to ask:

Do I need to adjust any settings in my miner, to connect it to the new pool, or will it know to do that on its own?

Cheers,

Roister01

Yes, you need to change settings (see detailed answer in the pool support thread)..

[Roister01]

Thanks for your help as ever Alenevaa...

I think I understand...but what I don't understand is, will there then be two different 'types' of utc? Which will be incompatible with each other?
What will then be the best coin? Could there in theory be two different prices for utc?

Cheers,

Roister01

[lpedretti]

well it's past gmt 1:00 am and utc14.yacoin.club still working on nf 16

[maxim000]

now 4:40 gmt - NF still 16

[alenevaa]

now 4:40 gmt - NF still 16

Just checked - 7:30 GMT - utc14.yacoin.club is working on NF14. The pool is finding blocks successfully.

[usukan]

Thanks alenevaa - your support greatly appreciated

Cheers - usukan

now 4:40 gmt - NF still 16

Just checked - 7:30 GMT - utc14.yacoin.club is working on NF14. The pool is finding blocks successfully.

[srkili]

Earlier I used, yacminer 3.5.0-yac2, now not working on n14
Do I need to change  another miner, and where I can find it?

[maxim000]

now 4:40 gmt - NF still 16

Just checked - 7:30 GMT - utc14.yacoin.club is working on NF14. The pool is finding blocks successfully.

now Nf14 , but what mininig http://utc.yacoin.club/ ?

[alenevaa]

Earlier I used, yacminer 3.5.0-yac2, now not working on n14
Do I need to change  another miner, and where I can find it?

You can use the same yacminer 3.5.0-yac2.

Just remove original Ultracoin starttime option:

Code:

--starttime=1388361600

And set fixed NFactor 14 with the options:

Code:

--nfmin=14
--nfmax=14 

[alenevaa]

now Nf14 , but what mininig http://utc.yacoin.club/ ?

Please read the previous page.

In short:
utc.yacoin.club uses original Ultracoin wallet (currently NF16)
utc14.yacoin.club uses hard-forked NF14 wallet.

[kiffner]

Can you set vardiff port on utc14.yacoin.club pool with 1 to 3, or another static with higher diff.

Do I need to rescan my wallet or resync blockchain?

[maxim000]

now Nf14 , but what mininig http://utc.yacoin.club/ ?

Please read the previous page.

In short:
utc.yacoin.club uses original Ultracoin wallet (currently NF16)
utc14.yacoin.club uses hard-forked NF14 wallet.

ok, so it means that ultracoin have two different legals chains ? - now current blocks 1489564 on nf14 and 1489699 on nf16

[entroxseven]

Why keep the old chain still going, makes no sense.
Somewhere I read someone complaining about cryptsy taking forever for a wallet-update (which is true). Now you even give them incentives to not upgrade at all...

[lpedretti]

Bittrex successfully working from newest wallet, sent 20 utc to my bittrex account from the new wallet and it worked ok.

[Kracko]

Why keep the old chain still going, makes no sense.
Somewhere I read someone complaining about cryptsy taking forever for a wallet-update (which is true). Now you even give them incentives to not upgrade at all...

This is true.  It's a waste of time and resources- an unnecessary hedge against the fork.  Those still on the pre-fork chain will lose everything gained after the NF14 part (block 1488826) of the fork as they will not be able to spend it.  Bittrex is already on the new chain.  Cryptsy will follow soon.