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

[Etern4l]

Humongous farms + optimised kernel == magic.

[1714813368]

1714813368

[Kracko]

is there a pool where i can sign up without an address i'de like to see the full pool status but i dont want to download the wallet if i wont mine ...

Use a paper wallet.

http://www.tumblingblock.com/generate-wallet.html

[rapture333]

Social media followers have really shot up this week, with the new website set to launch soon, as well as the media exposure from Yacuna and some other great marketing projects down the pipeline, Ultracoin's media exposure is sure to raise even farther.

Like us on Twitter and Facebook:

https://twitter.com/official_utc/

https://www.facebook.com/ultracoinnet

[Kracko]

You need to redo the whole wallet SOON if we are to go any ware.
On an 8 core PC the wallet is running like my grandma, it is constantly not responding, and etc.
Is there anyone on the new team that actually understands Code not Restaurant Recepies, but Crypto Code???

I've been developing for over 20 years and would like to think I've progressed beyond restaurant recipes.  

On the development front I have:

• Modified bitcoin-seeder to work with Ultracoin.  We'll finally have DNS seeders which will pass out active nodes on request
• LevelDB
• Zeitgeist (Timewarp) attack protection
• Updated Checkpoints
• Upgraded to use QT 5.3.2
• Added the created DNS seeders to the wallet

The new wallet will be static linked, and will be one large executable rather than a folder of DLLs.  It will also have the new logos and art.

I'm making it a priority to speed up the wallet as much as possible.  Part of the problem is that we're fighting the algorithm which takes a significant amount of CPU time just to validate the headers.

I am using a version of the leveldb currently on UTC2 for its outward facing UTC wallets.  The performance boost with slower IO is significant.

As a work-around until the update, if you have a second computer, copy your wallet.dat to that second computer and run minting on it and then do not stake with the first one.  Alternatively, I could make stand-alone Windows binaries available without the GUI.

Made some good progress today.  Fixed a few things that people have commented on.

The staking lag has been fixed.  Before it was lagging 4-8 seconds every time a new block was accepted with Stake Minting enabled as it pulled transactions for every one of the wallet's coin groups.  Now it caches those coin groups and only renews the cache when a block relating to your wallet comes in.  It will still lag for 4-8 seconds (or more if you have a huge amount of small coin groups) when you receive a block that has transactions relating to your wallet, but now the wallet is actually usable while staking.

Staking transactions will be classified as "Mining" and will actually show amounts instead of 0.0.

I have a vacation coming up next week and a lot of free time, so if you have any other issues to fix in or a wishlist of features to add to the wallet, do share.

[wtfc360]

Great work Kracko!
If you are as good in cooking as in coding I'll eat at your restaurant anytime 

Is it possible to have 2FA in the wallet?
And also is it possible to have one offline wallet, send UTC to an usb and confirm the transaction from an online wallet?

[Beave162]

Great work Kracko!
If you are as good in cooking as in coding I'll eat at your restaurant anytime 

Is it possible to have 2FA in the wallet?
And also is it possible to have one offline wallet, send UTC to an usb and confirm the transaction from an online wallet?

2FA? A password to your computer makes it 2FA. It isn't an online account, and I don't recommend storing significant coins on an exchange for obvious reasons.

You should look into using NFC to store private and public keys. I think it is pretty neat because you can buy physical coins with an NFC chip inside. Perhaps Steven can design an NFC UltraCoin. Of course, you will lose out on PoS minting if you go that route.

[wtfc360]

Yes, like you said, if you have your wallet online for stake minting its like having your coins stored online so you would need the pswd for the wallet and also 2FA (ex google auth). Of course, if you don't want the stake minting it's not a problem, you can have it on cold storage. Just a thought, extra protection or maybe I'm just paranoid...?

[funsponge]

is it possible to work on the esthetics of the wallet - such as make the backgound white (not grey) so the logo blends in rather than it looking like its just been stuck-on to the wallet. Just an idea but think it will make it look more professional? Also can we have a desktop shortcut like other wallets so we dont have to go into the ultracoin folder to open the wallet?

[pieterjanvh]

is it possible to work on the esthetics of the wallet - such as make the backgound white (not grey) so the logo blends in rather than it looking like its just been stuck-on to the wallet. Just an idea but think it will make it look more professional? Also can we have a desktop shortcut like other wallets so we dont have to go into the ultracoin folder to open the wallet?

There's a lot you can do on the UI of the wallet, look at the CAIx wallet for example.
But I don't think that that's a pressing matter for UTC. Getting all bugs fixed and improving the performance is much more important.
I am not aware of what Kracko has already done to the code, but the UTC source code used to be a mess.
I'm confident he can clean it up and deliver a nice update soon. I have been waiting for this since the launch of UTC.

[fabietech]

You need to redo the whole wallet SOON if we are to go any ware.
On an 8 core PC the wallet is running like my grandma, it is constantly not responding, and etc.
Is there anyone on the new team that actually understands Code not Restaurant Recepies, but Crypto Code???

I've been developing for over 20 years and would like to think I've progressed beyond restaurant recipes.  

On the development front I have:

• Modified bitcoin-seeder to work with Ultracoin.  We'll finally have DNS seeders which will pass out active nodes on request
• LevelDB
• Zeitgeist (Timewarp) attack protection
• Updated Checkpoints
• Upgraded to use QT 5.3.2
• Added the created DNS seeders to the wallet

The new wallet will be static linked, and will be one large executable rather than a folder of DLLs.  It will also have the new logos and art.

I'm making it a priority to speed up the wallet as much as possible.  Part of the problem is that we're fighting the algorithm which takes a significant amount of CPU time just to validate the headers.

I am using a version of the leveldb currently on UTC2 for its outward facing UTC wallets.  The performance boost with slower IO is significant.

As a work-around until the update, if you have a second computer, copy your wallet.dat to that second computer and run minting on it and then do not stake with the first one.  Alternatively, I could make stand-alone Windows binaries available without the GUI.

Made some good progress today.  Fixed a few things that people have commented on.

The staking lag has been fixed.  Before it was lagging 4-8 seconds every time a new block was accepted with Stake Minting enabled as it pulled transactions for every one of the wallet's coin groups.  Now it caches those coin groups and only renews the cache when a block relating to your wallet comes in.  It will still lag for 4-8 seconds (or more if you have a huge amount of small coin groups) when you receive a block that has transactions relating to your wallet, but now the wallet is actually usable while staking.

Staking transactions will be classified as "Mining" and will actually show amounts instead of 0.0.

I have a vacation coming up next week and a lot of free time, so if you have any other issues to fix in or a wishlist of features to add to the wallet, do share.

+1 !!! to the community please give your insight to kracko!! this is the moment!!!

[Kracko]

is it possible to work on the esthetics of the wallet - such as make the backgound white (not grey) so the logo blends in rather than it looking like its just been stuck-on to the wallet. Just an idea but think it will make it look more professional? Also can we have a desktop shortcut like other wallets so we dont have to go into the ultracoin folder to open the wallet?

There's a lot you can do on the UI of the wallet, look at the CAIx wallet for example.
But I don't think that that's a pressing matter for UTC. Getting all bugs fixed and improving the performance is much more important.
I am not aware of what Kracko has already done to the code, but the UTC source code used to be a mess.
I'm confident he can clean it up and deliver a nice update soon. I have been waiting for this since the launch of UTC.

The wallet is definitely out of date and needs some love.  Lots of advances in features and fixes which have been demonstrated by others that are begging to be integrated.  Aesthetics will come, but I agree, solving the biggest issues comes first.   I think you'll be happy with the prototype.  It now idles at 0-2% while staking instead of pegging out one of my cores.  Caching those coin groups really helped the staking issue.  Preserving that cache until it needed to be rebuilt helped even more.   It doesn't appear to eat memory like it used to either.  Once I get it compiling with Visual Studio I'll have access to some better tools for profiling and debugging to find more areas to improve.
 
There will be an installer for it- at least for Windows, that will include a few other packages like cpuminer that will leverage the already included pool mining feature.  The focus is on making the new user experience as painless as possible, from getting those first nodes to start downloading the blockchain to firing up a miner.  Having a desktop shortcut and a start menu entry is a good step in that direction.

[tc61]

Too bad the UTC is not breaking even anymore, sad weekend I will have to shut down all my rigs..I let it go a extra week in the negative to support the coin, but cant keep doing this.. I hope it will come back up.. glta

[Uggle]

I think we will bounce up in a few days or even sooner, I think someone with big pockets jumped on the train and are accumulating 

[pugman]

I think we will bounce up in a few days or even sooner, I think someone with big pockets jumped on the train and are accumulating  

What makes you think this? I think Mermaids will jump out the water at Copacabana Beech. . . .

Without substance stop telling us what you think will happen, like all the other teenagers in threads. Be factual and helpful rather than creating your own gossip

[Valpe]

I think we will bounce up in a few days or even sooner, I think someone with big pockets jumped on the train and are accumulating  

What makes you think this? I think Mermaids will jump out the water at Copacabana Beech. . . .

Without substance stop telling us what you think will happen, like all the other teenagers in threads. Be factual and helpful rather than creating your own gossip

Up Up 

 Buy Orders
Price (BTC)   UTC   Total (BTC)
0.00008200   16392.28871960   1.34416768
0.00008100   14912.68692466   1.20792764
0.00008050   27985.60344480   2.25284108
0.00008035   40.00000000   0.00321400
0.00008010   45.19761769   0.00362033
0.00008000   100498.01881985   8.03984151

[Uggle]

I think we will bounce up in a few days or even sooner, I think someone with big pockets jumped on the train and are accumulating  

What makes you think this? I think Mermaids will jump out the water at Copacabana Beech. . . .

Without substance stop telling us what you think will happen, like all the other teenagers in threads. Be factual and helpful rather than creating your own gossip

I am purely empirical and believes in that history will repeat itself like history often likes to do. 



When we hit 0.00008, 160k will have been bought up. futhermore when looking at the month history of the price.



See that zigzag pattern in the price? When we reach a price around 0.000075 - 0.00008 we have seen huge spikes in price. I think it is a cycle about to repeat itself.

Yeeeesh! No need to make mermaid references

[mitache365]

http://www.ultrablockparty.com/ is working with less rejected shares than http://utc.tumblingblock.com/ but I cant see a static diff port. someone mining there?

[wtfc360]

http://www.ultrablockparty.com/ is working with less rejected shares than http://utc.tumblingblock.com/ but I cant see a static diff port. someone mining there?

Ultrablockparty: Static Diff 1 on port 5555
Tumblingblock:YacMiners use port 5555 which has a static diff of 1 or port 3339 which is vardiff, with a minimum of 1.

[funsponge]

I think we will bounce up in a few days or even sooner, I think someone with big pockets jumped on the train and are accumulating  

What makes you think this? I think Mermaids will jump out the water at Copacabana Beech. . . .

Without substance stop telling us what you think will happen, like all the other teenagers in threads. Be factual and helpful rather than creating your own gossip

I am purely empirical and believes in that history will repeat itself like history often likes to do.  





See that zigzag pattern in the price? When we reach a price around 0.000075 - 0.00008 we have seen huge spikes in price. I think it is a cycle about to repeat itself.

Yeeeesh! No need to make mermaid references

where did you get this graphs please?

[funsponge]

Like to say great work been done by Steven and the devs. Many other coins devs/creators seem to be abandoning their coins by the looks of it and not doing anything proactive or development work (such as Maxcoin going by what I read in their thread) leading to these dropping down the ranks. It's great and refreshing coming on here seeing our management still fully behind and involved in Ultracoin and what it stands for. Please keep up the great work as without you guys in sure many investors would have abandoned ship and watched Ultracoin drown.

I'm greatly looking forward observing what will happen here over the next 24 months adoption wise and development wise, and I hope you will still be here leading the way.  Maybe Microsoft may have approached UTC to be their crypto payment solution? Or we would have been adopted as a means of payment by ebay? Maybe UTC will be close to $1 leading to us been able to employ a whole dev team? The possibilities are endless. I do know is we have to stay with 'the pack' and can't afford to slip in the ranks. so guys please tell all your friends about UTC when crypto is mentioned in conversation (and it will be in the coming years that's for sure!) Like all the facebook posts and retweet all their tweets. Its a community effort that we HAVE to all participate in if we want to be regarded as genuine choice for investors.