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

[Marnie1976]

KingCole is this what your need about the aims and objectives...??

https://bitcointalk.org/index.php?topic=413978.msg8155567#msg8155567

There ware more answers on the former forum but this f****** Bumface did delete it on the last days ....

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

I dont see KingCole his pledge in your overview ?
He pledged 0.2 till 0.4

I stand by my original pledge of 0.2 rising to 0.4 on expanded explanation of the aims and objectives of the team. I would also like to know when the pledges need to be converted into payments.

KC

[barbados-fs]

Hey guys, what happened to ultracoinpool.info? About 5 days ago and within 3 days (at least) I got it 3 times fewer coins than it should, although the number of coins that I had to really get pointed correctly, but instead of 900-1000 coins I received only 200 (+ ).
What is the reason? I had to quickly move to ultracoins.info it is working properly. Why did not the owners ultracoinpool.info ad that they broke the pool and provides 3 times fewer coins than normal. My friends because of this, even stopped for a couple of days production UTC.

Question to the developers of the purse. I have seen this problem - when activating the pos in the wallet, there are many incoming transactions with a value of zero, but, after the wallet to disable and re-run all of these operations, which were equal to zero, converted to different numbers, though almost all the operations are duplicated two identical numbers. The total number of UTC in my purse remains unchanged.
What's this?


Эй peбятa, чтo cлyчилocь c ultracoinpool.info ? Oкoлo 5 днeй нaзaд и в тeчeнии 3-x днeй (минимyм) я пoлyчaл нa нeм в 3 paзa мeньшe мoнeт чeм пoлaгaлocь, xoтя кoличecтвo мoнeт кoтopыe я дoлжeн был peaльнo пoлyчить yкaзывaлocь пpaвильнo, нo вмecтo  900-1000 мoнeт я пoлyчaл вceгo 200 (+).
B чeм пpичинa? Пpишлocь cpoчнo пepexoдить нa ultracoins.info oн paбoтaeт иcпpaвнo. Пoчeмy влaдeльцы ultracoinpool.info нe cдeлaли oбъявлeниe чтo иx пyл cлoмaлcя и выдaeт в  3 paзa мeньшe мoнeт чeм пoлoжeнo. Moи дpyзья из-зa этoгo дaжe ocтaнaвливaли нa пapy днeй дoбычy UTC.

Boпpoc к paзpaбoтчикaм кoшeлькa. У мeня нaблюдaeтcя тaкaя пpoблeмa - пpи aктивaции peжимa pos в кoшeлькe пoявляeтcя мнoгo вxoдящиx oпepaций co знaчeниeм нoль, HO, пocлe тoгo, кaк кoшeлeк oтключить и зaпycтить зaнoвo BCE эти oпepaции, кoтopыe paвнялиcь нyлю, пpeвpaщaютcя в paзныe чиcлa, пpи тoм пoчти вce oпepaции дyблиpyютcя пo двa oдинaкoвыx чиcлa. Пpи этoм oбщee кoличecтвo UTC y мeня в кoшeлькe ocтaeтcя нeизмeнным.
Чтo этo?

[Porte]

what is the future of this coin, I was very excited when all this started with Bumface a genuine guy who dreams was to create a coin that was out of speculations and not make rich just a few, as I see this coin changes hands, the coin has not gained any value whatsoever , all the contrary is going downhill as more coin with better technologies and innovations is coming everyday. Look at all the new coins that are coming out, NEM, Etherum, Crypti, Node. How will you compete with these high top tech coins?

UTC was created by a genuine decent guy that thought the world was pure and decent like him but he was wrong, this is a business world and goodness only works if you are surrounded by loyal people who support you 100 per cent and do not try to steal or take advantage.

I hope this coin succeed but I have seen and read a lot not only from UTC but from many coins and there are lots people who only jobs is to bring bad reputations to coins either with reason or without it. Bumface was a good start as we all know, we were all very excited but then as money is money people get greedy and money corrupt people and attitude and we just do what we have to do to get more money for ourselves.

I will still keep my 20,000 UTC as a lottery investment because I have always said only 1 per cent of all the coins will make it to the moon the rest will die either because of incompetence  wanna be cryptos men.

[RichardMiner]

what is the future of this coin,
.........

I read between your lines but I don't understand what you try to tell us

[mizultra]

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Has it been determined who is speaking for UTC and that they're capable of putting together a solid presentation?
 
The last thing the UTC community needs at the moment is a conference representative who thinks they can just step up to the conference mic and wing-it on the coin's behalf. We need an articulate, knowledgeable, UTC spokesperson to do our bidding here.   

[RichardMiner]

MIZULTRA you sound like capable and presenting it all well, maybe you could go......you have the extra benefit of being a woman  

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Has it been determined who is speaking for UTC and that they're capable of putting together a solid presentation?
 
The last thing the UTC community needs at the moment is a conference representative who thinks they can just step up to the conference mic and wing-it on the coin's behalf. We need an articulate, knowledgeable, UTC spokesperson to do our bidding here.  

[Marnie1976]

Hey guys, what happened to ultracoinpool.info? About 5 days ago and within 3 days (at least) I got it 3 times fewer coins than it should, although the number of coins that I had to really get pointed correctly, but instead of 900-1000 coins I received only 200 (+ ).
What is the reason? I had to quickly move to ultracoins.info it is working properly. Why did not the owners ultracoinpool.info ad that they broke the pool and provides 3 times fewer coins than normal. My friends because of this, even stopped for a couple of days production UTC.

Question to the developers of the purse. I have seen this problem - when activating the pos in the wallet, there are many incoming transactions with a value of zero, but, after the wallet to disable and re-run all of these operations, which were equal to zero, converted to different numbers, though almost all the operations are duplicated two identical numbers. The total number of UTC in my purse remains unchanged.
What's this?


Эй peбятa, чтo cлyчилocь c ultracoinpool.info ? Oкoлo 5 днeй нaзaд и в тeчeнии 3-x днeй (минимyм) я пoлyчaл нa нeм в 3 paзa мeньшe мoнeт чeм пoлaгaлocь, xoтя кoличecтвo мoнeт кoтopыe я дoлжeн был peaльнo пoлyчить yкaзывaлocь пpaвильнo, нo вмecтo  900-1000 мoнeт я пoлyчaл вceгo 200 (+).
B чeм пpичинa? Пpишлocь cpoчнo пepexoдить нa ultracoins.info oн paбoтaeт иcпpaвнo. Пoчeмy влaдeльцы ultracoinpool.info нe cдeлaли oбъявлeниe чтo иx пyл cлoмaлcя и выдaeт в  3 paзa мeньшe мoнeт чeм пoлoжeнo. Moи дpyзья из-зa этoгo дaжe ocтaнaвливaли нa пapy днeй дoбычy UTC.

Boпpoc к paзpaбoтчикaм кoшeлькa. У мeня нaблюдaeтcя тaкaя пpoблeмa - пpи aктивaции peжимa pos в кoшeлькe пoявляeтcя мнoгo вxoдящиx oпepaций co знaчeниeм нoль, HO, пocлe тoгo, кaк кoшeлeк oтключить и зaпycтить зaнoвo BCE эти oпepaции, кoтopыe paвнялиcь нyлю, пpeвpaщaютcя в paзныe чиcлa, пpи тoм пoчти вce oпepaции дyблиpyютcя пo двa oдинaкoвыx чиcлa. Пpи этoм oбщee кoличecтвo UTC y мeня в кoшeлькe ocтaeтcя нeизмeнным.
Чтo этo?

@THIAGO please can you answer this one please

[Thiago1]

Hey guys, what happened to ultracoinpool.info?

Hey buddy sorry for the problem with Ultracoinpool.info the Reason You get only 200 coins is because all miner move to other pool and get lot orphan blocks we closed the ultracoinpool.info because we go moved to the NOMP pool plattform if You have coins in the pool please withdrawal

you can move to these pool

http://ultracoins.info
http://ultracoiners.info

[rapture333]

Also check out utc.tumblingblock.com, the new Unofficial pool.

[RichardMiner]

One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!

[barbados-fs]

Hey buddy sorry for the problem with Ultracoinpool.info the Reason You get only 200 coins is because all miner move to other pool and get lot orphan blocks we closed the ultracoinpool.info because we go moved to the NOMP pool plattform if You have coins in the pool please withdrawal

Thiago1, thank you. Although it seemed to me that just the opposite is true - the miners began to move from this pool because it is no longer work properly, although you certainly know better.

And what about my question about the wallet?

[Official Ultracoin Team]

BOUNTIES

Dear UTC Community Members,

We still have some serious bounties waiting for anybody who can do the job....

- Android Mobile Wallet                     15000 UTC
- iOS Mobile Wallet                           15000 UTC
- Android-Ultracoin Game                    5000 UTC
- iOS Game Ultracoin                           5000 UTC
- Windows Phone Ultracoin Game         5000 UTC
- Twitter Tipper Bot                             5000 UTC
- Google + Youtube Tipper Bot             5000 UTC


Interested ?
Can you do the bounties job ?  Then please contact our management team a.s.a.p. !

[rapture333]

As far as pledges go, we are accepting donations now at the BTC address, the faster we get the majority of the donations the better as we can book the plane tickets, hotels, and secure our table at the event. The sooner we get the tickets booked the cheaper they will be as airlines and hotels offer discounts for bookings made in advanced. The tables also in limited supply, so if you pledged before, donating now would be great! As far as a speaker goes, since Bumface is no longer speaking, we have a few candidates for speaking whom we believe will be great communicators and have enough technical knowledge to give an entertaining and informative speech.

[Marnie1976]

THIS IS THE CHANCE UTC NEED !

COME ONE AND DONATE FOR THIS SPECIAL CAUSE !

RESTART OF THE DONATING ACTION FOR THE LAS VEGAS HASHERS UNITED CONVENTION.  http://hashersunited.com/

PLEASE HELP US SO ULTRACOIN CAN TAKE PART AT THE CONVENTION

Dear guy's and girls,

October 10th and 11th 2014 takes place in Las Vegas the largest global crypto mining event.

Look at: http://hashersunited.com/  

Creators and Developers from various coins that operate under popular algorithms will speak frankly about:
- How their coin sits within the crypto currency landscape;
- Advancements in algorithms and future development updates;
- Predictions for the crypto currency sector
- And about much more

Among the presentations/speakers is also Charlie Lee of LiteCoin  and a lot of more “big names” from crypto world.

The organization of the convention asked/invited Ultracoin to take part and do a presentation about Ultracoin ChaCha algorithm.

We as management team think this is a big honor for our coin because there are only four other coin creators asked to do a presentation:
- Litecoin;
- Vertocoin;
- Mastercoin;
- Etherium;

We belief it is very important to take part at this convention and belief it can create big benefits for Ultracoin’s future by taking part of de exhibition, the network events and to do the presentation.

If we want to take part with Ultracoin at the convention we need to do this professional and good. As mentioned by others before: We have only one chance to impress !

For taking part at the convention we calculated the following costs:
- Traveling
- Hotel
- Food and drinks
- Sponsorship at the exhibition includes space for a 6x3 ft table plus two chairs and incl. space for a pop up stand and listed as an exhibitor on the hashers united  
  website. Full conference pass for one staff member and 50% off for another staff member
- Making a new video and PowerPoint presentation about the UTC history and future and about the ChaCha scrypt benefits
- Printing flyers

It is quite simple, if we want to show and present UTC as an professional coin at this convention and we can impress the convention partners, the visitors and the media, UTC can benefit in the future of it. This is what we al do believe in. It can turn out in a big chance for UTC.

The cost will be at least around $ 3.500 to $ 4000,- (about 6,9 BTC).  This is a lot of money !!! Yes we know.

Our management team has a budget for taking part at this convention of 2,0 BTC.

This is the maximum budget at the moment because we have some other develop jobs going on which cost also some big BTC.

So now this is the moment we want to ask the community to step in.

We want to ask you to help the cause and do a donation.
Small or big, everything is welcome.

Please let us now if you are willing to help and donate, this so Ultracoin can take part at the largest global crypto mining event.

Total needed: 6,90 BTC to do everything professional and good.

Already available: 2,0 BTC from the UTC management team.

So rest us to find another 4,90 BTC by donations.

I am very curious to see if we can do this again as a community.
Together again for Ultracoin !

Warm regards,
Paul.


PS; if you want to help and donate then please replay and tell us for what amount of BTC we can count on you.

Next step will be that we open an BTC address and ask you to send your donation within a week to the address.  

                                           BTC needed              BTC pledge of donation                   
                                            6,90

From management team                                         2,00
From bigd27                                                          0,50
From usukan                                                          0,20
From Janu$$                                                          0,10
From manie1976                                                    0,20
From KingCole                                                        0,20 till 0,40
                                                                            ====
                                                                             3,20  till 3,40    Pledged donations



COME ON Guy's.... MAKE ALSO AN DONATION, WE ARE ALMOST HALVE WAY !!!!!

[Kracko]

One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!

miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.

[bret]

One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!

I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.

[tc61]

ok ill move my rigs over..lets see what happens...

http://utc.tumblingblock.com/


I give up....your site is f'ed  first keeps saying tokin expired  then it doesn't send confirmation emails..

[Thiago1]

ok ill move my rigs over..lets see what happens...

http://utc.tumblingblock.com/


I give up....your site is f'ed  first keeps saying tokin expired  then it doesn't send confirmation emails..

Anyone know why in this pool find blocks 14.85 ?






WHERE THE OTHERS   0.15 GO?

[RichardMiner]

One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!

I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.

miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.

Thanks Bret and Kracko for this good points.

But the pool owners don't do it for free.
To develop, maintain and keep it online cost (a lot) money.
I don't see it that they can/will do that for only 1% or 2% pool fee

[Janu$$]

One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!

I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.

miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.

Thanks Bret and Kracko for this good points.

But the pool owners don't do it for free.
To develop, maintain and keep it online cost (a lot) money.
I don't see it that they can/will do that for only 1% or 2% pool fee

Hi RichardMiner,

if I got Kracko right, it is not the 1% or 2% that is important, but the 0.5% raise every day.
1 or 2 is just an "arbitrary" value, the steady raise every day makes the difference! This keeps the pools balanced.

Regards,
Janus