updated Tues 13th November 2018 - usukanPlease note that the Main UltraCoin Website (ultracoin.io) is currently being upgraded - some links to this site and others may be down periodically while we work through these changes. Thank you for your patience.
LATEST NEWS -
Ultracoin is also listed on
Altilly -
https://www.altilly.com/market/UTC_BTCUltraCoin is listed on
Cryptopia -
https://www.cryptopia.co.nz/Exchange/?market=UTC_BTC
WALLET UPDATE REQUIRED:Ultracoin has hardforked to a new and much improved wallet. This new wallet addresses many issues including the diff re-targeting causing trouble for miners and includes more efficient staking plus increased staking rewards (new wallet after fork - 5.6% PA).
The fork occurred without any issues after several months of exhaustive testing, November 13th , 2016 (block number 1,824,237).
You MUST download, install and run the new wallet. The old wallet will not function correctly after the fork.
The new wallet files can be downloaded from here:
Official Download Mirror Download This link has downloads for both 32x and 64x Windows installations.
The simplest installation of the new wallet is via running the appropriate setup.exe for your Windows operating system - either 32x or 64x i.e. "UltraCoin-v1.0.0.0-Win64-Setup.exe" or "UltraCoin-v1.0.0.0-Win32-Setup.exe"
This applies if you want to install a NEW Ultracoin wallet - OR if you want to update and old installation.
So - if you have a Win64 operating system - just download and run "UltraCoin-v1.0.0.0-Win64-Setup.exe"
Once the installation has completed - you need to be sure to run the correct ultracoin-qt.exe so the NEW wallet opens (i.e. don't use your old desktop shortcut).
Best create a new desktop shortcut - as follows
- Navigate to C/Program Files/Ultracoin folder
- Find the file ultracoin-qt.exe
- Create a shortcut to this file - and put it on your desktop.
Use this new shortcut to run the new wallet (and best to delete your old desktop shortcut)
As always - be sure to back up and save your wallet files (wallet.dat) to several other storage devices.
If you know what you are doing - you can use the .zip files shown in the MEGA download link (i.e. ultracoin-qt-v1.0.0.0-Win64.zip) to manually configure your own wallet installation.
Ultracoin is ultrafast with an transaction speed of 6 seconds and it needs only 60 seconds for confirmation ! Ultracoin is a hybrid proof-of-work / proof-of-stake coin, whereby active nodes are involved in the mining of blocks if they hold Ultracoin.
With Ultracoin you can send and receive currency worldwide to friends, family or business partners.
You may even exchange it for other currencies or simply use it to buy goods.
Miners are currently awarded with 10 new Ultracoins per block, an amount which gets halved at 4,000,000 blocks, and then again at 6,000,000.
The Ultracoin network is therefore scheduled to produce 100 million Ultracoins, which is almost 4.5 times as many currency units as Bitcoin.
Ultracoin can be mined with both CPU's and GPU's.
Furthermore, with an ASIC resistant Scrypt ChaCha base, you can feel at ease.
This will ensure that you won't be surprised by new hardware technologies.
UTC is a hybrid proof-of-work/proof-of-stake coin, whereby active nodes are involved in the mining of blocks if they hold UTC.
The Ultracoin MissionTo create a première, accepted, easy to use, decentralized and supported crypto-currency with enough mass appeal to become seriously disruptive to the current economic system. To remain competitive in an unforgiving and ruthless free market in competing currencies, and never become a commodity. To become a powerful alternative to debt backed fiat, and never lose sight of that purpose. To take economics seriously, with disregard to gimmicks and manipulation. To provide stable releases that can serve users without fail. To garner a community united by a common purpose, mutual self-interest, and passion for crypto-currency. To take our communities investment, time, talent, and effort to the future, instead of "to the moon". To create a currency worthy of voluntary acceptance, without "legal tender" laws. To create money that will last years beyond generations, and not money that will be losing its value, starting wars, manipulated by political agendas, controlled by banks, printed to infinity, forced upon the people, squandering savings accounts, propping up the financial sector, or controlled by the few. To create a currency that will be recognized beyond political affiliations, geographical boarders, or nationalities. To change the face of currency and the way commerce is performed as we know it.
- Total coins: 100,000,000
- Premine: 2% (1.6% IPO / 0.3% DEV / 0.1% REWARDS)
- Block time target: 60 seconds
- Block reward: 10, halving at 4,000,000 blocks
- Difficulty retarget over 10 blocks (Max 8% Up, 16% Down)
- Mined block confirmation: 50
- Transaction confirmation: 5
- NFactor Integration - Currently NF14
- Port: 44100
- Rpc port: 44101
Proof of Work Reward Rate & Schedule- 10 UTC per block - 4,000,000 (Current)
- 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
Proof of Stake Reward Rate & Schedule- 5.6% per year (Current)
- 3% per year at block 3,000,000
- 1.5% per year at block 4,000,000
- 1% per year at block 8,000,000
UltraCoin WAVES TokenRecently - The UltraCoin Community was issued a token (UltraCoin Asset ID DxG3PLganyNzajHGzvWLjc4P3T2CpkBGxY4J9eJAAUPw) on the WAVES platform by members of the WAVES Community as a promotion and demonstration of the synergies possible between different Cryptocurrencies. This token was distributed to UltraCoin Community members based on current UltraCoin holdings and support for UltraCoin irrespective of their current UltraCoin holdings - on a voluntary basis. This was not an official UltraCoin project but it now presents UltraCoin with some new opportunities.
First - we can consider the UltraCoin WAVES token as an ''extension" of Ultracoin itself. The UltraCoin Token will be tradeable on the WAVES decentralised exchange (DEX) in the future and convertible to BTC, other cryptos/assets/tokens and convertible to FIAT currencies through WAVES gateways.
- WAVES has provided wallets in Win/Apple/iOS/Android for this token - allowing the UltraCoin Community members a wide range of use and development options.
The UltraCoin WAVES token can be stored on the WAVES Lite Client - available here.
https://wavesplatform.comhttps://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogmAndroid -
https://play.google.com/store/apps/details?id=com.wavesplatform.walletGithub -
https://github.com/wavesplatform/WavesGUI/releasesThe UltraCoin WAVES tokens are now traded DIRECTLY on the WAVES DEX (decentralised) exchange against many other digital currencies including BTC WAVES etc - trading is done directly from your own WAVES wallet. Its a very impressive technology.
- The Waves platform will also release "multigateway'' templates in Scala allowing direct conversions of UTC to UTC Tokens - and back to UTC - further adding seamless utility to this UltraCoin extension provided by the token.
- The UltraCoin WAVES token may also be listed on Cryptopia allowing many, simple and diverse trading opportunities in the near future.
The WAVES issuer of these tokens (Team @Cripto) will also issue Tokens as REWARDS to any UltraCoin Community Member who contributes to the UltraCoin Development Fund. They have stated that they will issue rewards at the rate of 1,000,000 UltraCoin tokens minimum per 1 BTC contribution until the reserve runs out - and this system has already been used by one member. (Contact usukan or Rapture333 if you wish to make any contributions).
Further to this Team @Cripto has made a generous gift of UltraCoin WAVES tokens to the Official UltraCoin WAVES wallet to fund future development of UltraCoin. Additionally two community members have also made very significant contributions to this same fund. In the future we hope to be able to use this fund for specific UltraCoin development projects.
This is an experiment in the making using cutting edge crypto functionalities - we have no idea how it will evolve - but follow the progress - only on UltraCoin.
No other Crypto currency currently has a token like this - as an extension on another blockchain.
Please Note :
This thread is self moderated.
Trolling and baseless accusations will be removed without consent.
Please mind your manners and report incidences of malice accordingly.
Thank you and enjoy!
- As N-factor increases over time, hashrates will become more dependent on memory resources. So settings in your .bat and .conf files like thread-concurrency and gpu mem clock as well as total system memory will become more important. Also, for most people, lowering intensity has been required after N-factor increases to avoid HW errors.
- Current Nfactor Configs: NFactor 14
- Ultracoin Configuration Generator Mining has never been easier, our mining configurator makes N-Factor changes a breeze, and as time goes on, power consumption goes down, and CPU's, become the go to choice for mining, letting early miners take advantage of their high end GPU's, but ensuring decentralization down the road.
WALLET: ~ MANDATORY UPDATE
SOURCE CODE (Developers Only): Download |
Latest Versions of Ultraon Code https://github.com/presstab/ultracoin-2
Linux GPU Miner Source (Developers Only): Download
BLOCK EXPLORER - THE ULTRACOIN DASHBOARD
www.presstab.pw/phpexplorer/UTC/index.php
MINERS :
HELPFUL LINKS :
BLOCKCHAIN BOOTSTRAP
Ultracoin is one of the oldest altcoins out there - as such the blockchain is indeed quite large.
There is a bootstrap here of the blockchain to allow a faster sync of newly installed walets - just follow the CryptoChainer instructions on how to run.
http://cryptochainer.com/dir/?page_id=365
https://mega.nz/#!vpQ3iASC!TjrtD1ud3mNNbyaoErW_IDh9O3csgS1TvfJ8EhELb4A
NEW BOOTSTRAP 13 Sept 2018
http://www.mediafire.com/file/93g09n62dn5542c/bootstrap.dat/file
here is a mirror if anyone has problems with mediafire
https://mega.nz/#!yVxmAIgS!9hlYftuTNj8yuqeieEAakMdOxmNIdiIgWgA6ISJTLnc
Ultracoin is now listed on Altilly - https://www.altilly.com/market/UTC_BTC
UltraCoin was listed on Cryptopia - Sun 19 Feb 2017
https://www.cryptopia.co.nz/
Markets:
https://www.cryptopia.co.nz/Exchange/?market=UTC_BTC
https://www.cryptopia.co.nz/Exchange/?market=UTC_LTC
https://www.cryptopia.co.nz/Exchange/?market=UTC_DOGE
https://www.cryptopia.co.nz/Exchange/?market=UTC_UNO
Coin Info:
https://www.cryptopia.co.nz/CoinInfo/?coin=UTC
Market Place:
https://www.cryptopia.co.nz/MarketPlace
Arbitrage:
https://www.cryptopia.co.nz/Arbitrage
Forums:
https://www.cryptopia.co.nz/Forum
HOW DO I SOLO MINE ?
Create an ultracoin.conf within your %APPDATA% folder and add these lines:
rpcuser=youruser
rpcpassword=yourpassword
rpcallowip=127.0.0.1
daemon=1
server=1
listen=1
Start the ultracoin client, edit solo_mining.bat with the specified user and password, and run the .bat. Enjoy mining!
NOTE: Please set expiry = 1, scan time = 1, and queue = 0 in cgminer to receive lower rejects. Thanks!
5.60% interest per year if you:
1. Have UTC in wallet
2. Don't spend it
3. Have wallet online as much as possible - you can update your stakes every 2-3 weeks
4. Have wallet unlocked for minting, do this like so:
- Just "click" the Staking box on the wallet Overview and enter your password
In Depth Explanation of POS: https://en.bitcoin.it/wiki/Proof_of_Stake
Please visit our site
HERE to browse the most up-to-date list of UTC Services.
Please visit our site
HERE to browse the most up-to-date list of UTC Marketplaces.
So, you now have UTC? What else can you do with it besides sell/hold it? How about buy stuff. After all, that is the purpose of a currency - to exchange it for goods and services. Below you will find the available (these will be reinstated when UTC lists on Cryptopia.co.nz) shops whom accept UTC!
Original Post:[/list][/list][/list]
Hello,
I would like to take this opportunity to announce the release of our coin called :[b]Ultracoin (UTC)[/b] on [u]February 1st[/u].
[b]which is asic-resistant[/b]
We have been working hard to finalize our coin, and I have been fortunate enough to work with a team consisting of a good dev and a professional external consultant to help guide the entire process. We have also commissioned custom pool software with real time API data to our website to track various statistics, such as users, hashrates and current difficulty.
You may know me (bumface) as a chat moderator on btc-e, however i would like to emphasize the fact that this coin is [u]not[/u] an affiliate of btc-e, but a personal endeavour with a proper team.
Through our common love for crypto we got together as equal partners to make this coin a reality. We have offered rewards in BTC and UTC for many jobs, and some jobs are still open (Please view the 'Rewards and Bounties' section.)
We are currently in negotiations with multiple exchanges
Announcement : 13 jan.
Launch and : February 1st.
Mining start : X
We have this logo as a temperary logo, we have commissioned a logo by a real graphic designer, if this does not work out, we will organise a competition with a reward.
[size=10pt][size=10pt][size=10pt]Launching time:7:00PM UTC
[url=http://www.timeanddate.com/countdown/generic?iso=20140201T20&p0=16]http://www.timeanddate.com/countdown/generic?iso=20140201T20&p0=16[/url]
Website:http://www.ultracoin.net/
#ultracoin on [url=http://webchat.freenode.net/]http://webchat.freenode.net/[/url]
[i]Please view the technical specifications and information below: [/i]
-2 equal partners (ziggy and bumface)
-Scrypt-ChaCha
-Pow/Pos
ultracoin is a hybrid proof-of-work/proof-of-stake coin, whereby active nodes are involved in the mining of blocks if they hold utc.
this will give a strong incentive to a. hold coins and b. be an active node (e.g. have wallet open/running) on the network.
this means that, under certain circumstances, you may accrue 20% proof-of-stake interest per year on the coins you own.
a good source for more information is https://en.bitcoin.it/wiki/Proof_of_Stake
-Total coins: 100,000,000
-Premine: 2% (2 million UTC, please view public premine distribution ledger below.)
-Block time target: 30 seconds
-Block reward: 50, halving every 990,000 blocks
-Difficulty retarget:max 200% per 30mins
-Mined block confirmation: 50
-Transaction confirmation: 5
-Port: 44100
-Rpc port: 44101
[u]Windows-qt client:[/u]
[url=https://mega.co.nz/#!M9cCAaCZ!PUnxoWI8GfUgDTkwRK9NsPLrjsFQxvsMreFND6FXV_Q]https://mega.co.nz/#!M9cCAaCZ!PUnxoWI8GfUgDTkwRK9NsPLrjsFQxvsMreFND6FXV_Q[/url]
[color=red]OFFICIAL POOL 1: [/color][url=http://www.ultracoinpool.com]www.ultracoinpool.com[/url] NOT open yet for registration
[u]CPU Mining:[/u] Open the console and type setgenerate true to start mining.
[color=red][u]GPU Miner:[/u] [/color]
[url=https://mega.co.nz/#!AwkFGQRR!LYwU5DXzLeVKyTXpVsNgNifre8ANFxHUVHwgt0Q-rZs]https://mega.co.nz/#!AwkFGQRR!LYwU5DXzLeVKyTXpVsNgNifre8ANFxHUVHwgt0Q-rZs[/url]
Open ultracoin.conf and add these lines:
rpcuser=youruser
rpcpassword=yourpassword
rpcallowip=127.0.0.1
daemon=1
server=1
listen=1
Start ultracoin client, edit solo_mining.bat with user and password, run the .bat, done.
please set expiry = 1, scan time = 1, and queue = 0 in cgminer to lower rejects.
[u]logos:[/u]
[url=http://nl.tinypic.com/view.php?pic=hu5dzq&s=5#.UtRZGPTuLkJ]http://nl.tinypic.com/view.php?pic=hu5dzq&s=5#.UtRZGPTuLkJ[/url]
[u]Source:[/u]
[url=https://github.com/dx11/ultracoin-2]https://github.com/dx11/ultracoin-2[/url]
[u]Twitter:[/u] [url=https://twitter.com/official_utc]https://twitter.com/official_utc[/url]
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[i]-Why is there a premine?[/i]
You will probably have noticed a 2% premine, allow me to explain why we did this. We wish to be open about every single coin in existence, so you may see where it went and why.
[b]Public premine distribution ledger:[/b]
[u]-1.600.000 UTC[/u] are available to purchase by any potential stakeholder (Please view stakeholders proposition below.) in an open bidding system with a minimum bid of 0.00005[btc]
[u]-100.000 UTC[/u] go to partner 1:[u]Ziggy[/u] (dev)
[u]-100.000 UTC[/u] go to partner 2:[u]bumface[/u] (founder)
[u]-100.000 UTC[/u] go to our professional external consultant. (as well as 5 btc)
[u]-100.000 UTC[/u] go to rewards for jobs done by any capable developer, for example: making an android wallet, or making a working
mining pool with real-time API data link to our main website. (also btc rewards)
Please note that every partner gets [u]0.1%[/u] of the total number of coins, we feel this is not unreasonable as a compensation for our time and investment.
We will have the balance of our wallets visible on our homepage so everybody can see when we sell coins from our personal wallet. The reason we do this is because we feel there are too many coins where the premine is left unexplained and there are vague wallets with unidentified coins and owners.
We hope that this will foster a good relationship with the community.
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[b]What is different about Ultracoin??[/b]
Let be honest, the code is not the most difficult part of an endeavour like this,although scrypt ChaCha is not the easyest thing to do because of enhanced asic resistance.
So what is left then? ......the team.The people behind it. What is their intention? what is their vision?
Ultracoin has employed many influential people for ammounts like 5 btc, 10 btc and 15 btc per person as well as UTC rewards.Every person brings a different skillset to the table and is hard at work to make things happen for UTC.
It is not yet super evident to the public how this will unfold into actual results, but if you keep an eye on us you will see many fast and wonderfull developements.
Without this kind of support a coin is just a coin, and has no real future.We wish to stand out from a legion of altcoins and with the building of this community we will achieve that.
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[b]Stakeholders proposition[/b]
BIDDING IS CLOSED<EXPECT A REPLY TODAY< WE MIGHT BE ABLE TO ACCEPT (ALMOST) ALL BIDS>STAY TUNED
ALL OFFERS ACCEPTED, NOBODY REJECTED
The reason we want to sell of coins during the launch is because not everybody has an ability to mine coins, this would give an unfair advantage to early miners.
They would get a fairly large amount of coins due to low difficulty, giving a great advantage over traders who have to wait until our coin is accepted on exchanges.
[i]Stakeholders rights:[/i]
Stakeholder have a right to be anonymous for as long as they please (including in perpetuity).
[u]A total of 1,600,000 UTC will be available to purchase[/u] right after the UTC launch by anybody who desires to do so. These 1.600,000 UTC will come out of the 2% premine, [u]not[/u] on top of it. This means 98% (98 million UTC) of all coins can be mined by anyone with a GPU or CPU.
We will accept open offers with a coin amount and price of your choice (with a minimum bid of 0.00005 btc per unit of UTC), and will select people until all 1,600,000 UTC is sold.
We will launch as on February 1st, however you may make an offer to us now as of [u]now[/u].
Please send your offer to [b]X[/b]. Offers will be entertained and replied between 13-1-2014 and 27-1-2014
this offer must include:
- your (nick) name this name will be on our website along with your UTC adress to offer total transparancy, if you wish to remain anonymous put an X here.
-The ammount of UTC you wish to purchase
-Your UTC unit price (with a minimum of 0.00005[btc]) and the totals in UTC and BTC.
[i]Example message:[/i]
name : billy
UTC amount : 10.000 (ten thousand)
unit price : 0.00005
total : 0,5[btc]
you may copy & paste this
name :
UTC amount :
unit price :
total : [btc]
If your offer is accepted you will recieve an adress to send [btc] to, and as soon as we have received and verified your [btc], you will receive an e mail confirming your payment.We will destribute all the wallets to stakeholders on the same day as the wallet link goes up, and then you will recieve your coins( this is to prevent early mining and also reduce chance of 51% attack
please note that verification will not be optimal in the beginning since we need the miners to act as nodes (Custom pool software is being built).
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[i]-What will happen with the [btc] that comes in?[/i]
A portion of this amount will be used for rewards and bounties to further the development of Ultracoin (please view the rewards and bounties section below), as well.
The remainder of the BTC will be divided under the 2 equal partners to recoup the investment in this coin, and yes, we will also earn [btc] with this endeavour.
Also note that we are in this thing for the long haul and we are thinking long term, so because we might sell our coins years from now, the 2 partners will take some BTC at the start from the stakes that are sold.
We have no intention of dumping our coins when it reaches a certain value and then abandon this project. We would also like to state that we have no intention of becoming the next hype coin, with a massive rise in the first week and then a downwards slope without recovery. If this is what you desire there are many hypecoins to choose from, but that`s not us.
Bitcoin took 5 years to get to this level, so we have all the time in the world. We would rather have slow growth towards a truly stable coin than the next hype coin.
[i]Please note that we would also like to ask larger stakeholders to sell responsibly right after launch, so that a healthy market may form.[/i]
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[b]Rewards and Bounties [/b]
We will be giving rewards/bounties for certain jobs paid in BTC and/or UTC.
Our dev will review your work, and if it is selected we will launch it for a 2 week evaluation period in which the community can use it so we may test it for flaws and bugs.
After the work has passed the quality norm,you will receive your reward, and it will be visible on our homepage.
such jobs include:
-Blockchain explorer - 7500 UTC
-Android wallet - 3000 UTC
-Mac wallet - 3000 UTC
-mac os gpu miner - 3000 UTC
-Linux wallet - 3000 UTC
-Linux gpu miner - 3000 UTC
If you feel you are a capable developer, you may start one of these jobs at once, please announce that you are working on it on this thread.
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We hope to have informed you properly and openly about our project and we know that we are nothing without acceptance from the community. Crypto is an open market and we hope we can provide a stable coin with a proper and dedicated team behind it, however the community will decide our success or failure so please join us and make ultracoin a success.
Thank you :D
