Re: [ANN][UTIL] UtilityCoin - x13 POS - Large Update - 10/30 - Advancing Privacy

[philipvdlinde]

dev, Do you have any plan for util?

Did you read the OP?

He was probably too lazy to do his research on this coin.

[adoress]

dev, Do you have any plan for util?

Did you read the OP?

you call that is "plan"?

[Edraket31]

dev, Do you have any plan for util?

Did you read the OP?

you call that is "plan"?

At first: dev announced that he will have updates this week, so it might be very possible that he will explain more about his info in OP. Maybe you wait for that, if the OP didn't convince you.

At second: I see enough "plans" in the OP to buy this coin at these prices. I sold it last week and bought back at 52% discount. That was too tempting to let go. So, for the short/mid term, I see enough reasons to buy and I really dont care about long term plans. I am a swingtrader and it might be that I already forgot Util by the time you have an answer to your questions about plans.

[utilitycoin]

http://cryptoasian.com/wp-content/uploads/2014/10/ratingUTIL.jpg

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

[Epimetheus]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

Nice

[philipvdlinde]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

Great work, I have high hopes for this one.

[ffmad]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started 

Great, this is a promising pump & die 

the "developer" is really from Key & Hal pump&die when you see his posts https://bitcointalk.org/index.php?action=profile;u=198765;sa=showPosts

[utilitycoin]

http://cryptoasian.com/wp-content/uploads/2014/10/ratingUTIL.jpg

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started 

Great, this is a promising pump & die 

the "developer" is really from Key & Hal pump&die when you see his posts https://bitcointalk.org/index.php?action=profile;u=198765;sa=showPosts

I assisted those projects but they weren't mine, this is my first launched coin. In my opinion Hal and Key are still good coins with very good anon technology but the altcoin market has the attention span of a 3 year old after too many sugar donuts.

I'm building UtilityCoin for a longer vision, by involving developers from other successful projects. Our technology is well under development and ideas are flowing.

[devega]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

At last

[Spartan10]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

Good news, but could you better inform us what's going on and what's plan have you got. It will be good for community, coin and everyone.

[Epimetheus]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started 

Great, this is a promising pump & die 

the "developer" is really from Key & Hal pump&die when you see his posts https://bitcointalk.org/index.php?action=profile;u=198765;sa=showPosts

I assisted those projects but they weren't mine, this is my first launched coin. In my opinion Hal and Key are still good coins with very good anon technology but the altcoin market has the attention span of a 3 year old after too many sugar donuts.

I'm building UtilityCoin for a longer vision, by involving developers from other successful projects. Our technology is well under development and ideas are flowing.

Will you give us a roadmap today?

[zhonghao110]

I  cant   see    this   coin   is    geat.havet    roadmap

[utilitycoin]

http://cryptoasian.com/wp-content/uploads/2014/10/ratingUTIL.jpg

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

Good news, but could you better inform us what's going on and what's plan have you got. It will be good for community, coin and everyone.

A press release is being written up now, to be released today as soon as its completed.

[philipvdlinde]

UtilityCoin is proud to have 5/5 Proof of Developer from CryptoAsian.

http://cryptoasian.com/util-utilitycoin/


I'll be updating today regarding the inter-wallet VPN/proxy technology in development, and other devs and investors have contacted me and I'll be listing their expected roles in the UtilityCoin project.

We are just getting started  

Good news, but could you better inform us what's going on and what's plan have you got. It will be good for community, coin and everyone.

A press release is being written up now, to be released today as soon as its completed.

I am looking forward to your release.

[anarchyx914]

Nice! Great job!

[btcparent67]

Proof of Dev does not guarantee your safety guys!

[loges]

Proof of Dev does not guarantee your safety guys!

It's crypto. Nothing is guaranteed.

[utilitycoin]

http://utilitycoin.net/ann/utillogo_text.png


As promised here is the first press release. We'll have a roadmap coming soon.

https://twitter.com/UtilityCoinTeam/status/520218744904089600

View PDF:

http://utilitycoin.net/UtilityCoinPressReleaseOctober9th2014.pdf



Plaintext:

UtilityCoin

PRESS RELEASE
October 9th, 2014


Utility Coin (UTIL: Bittrex, C-Cex) is a new Cryptocurrency(1) released on September 26th, 2014 with a fiercely competitive Proof of Work (PoW) phase lasting 2 days.  Less coins were mined than anticipated, due to the hybrid Proof of Stake (PoS) implementation, which the blockchain transitioned to flawlessly.   The end result was approximately 3,700,000 minted coins, paying 10% annual interest due to the PoS network.

Shortly after the PoW phase completed, exchanges were available for trading to take place, with volumes as high as $50,000 USD per day(2).  UTIL is definitely punching above its weight class, with volume higher than established currencies worth up to 40 times more market capitalization.  Anticipation can be seen throughout social media networks, as investors rush to become early adopters before core functionality is released.

The development team released plans that aimed to: “Apply value to money through innovation”(3).  Many examples were given, most notably the ability to develop real world business applications and submit them to the UTIL repository.  This will allow businesses and organizations seeking technology solutions, to ‘unlock’ portions of the UTIL Operating System over the blockchain, by purchasing coins.  This will not only secure the investments of the entity that purchased coins, but will pay developers, bringing value to the project.  This will allow early adopters of UTIL to benefit from outside investments, which will provide a constant influx of capital into the currency.

According to lead developer Mike C(4):  “I’ve always believed in the core values of Cryptocurrency, being economic freedom and innovation, and wanted to merge them into real world business applications.”  Which lines up perfectly with some of the notable names in the industry who are considering joining the team so far, such as:  Dan Metcalf. Brad F.  Patrick W. Jim V. Walen.  Darren V.  This knowledge base brings experience from projects that have made it to the pinnacle of digital currencies, but none so far have been branched into real world applications such as UTIL.

UTIL plans to bring value to the project through outside innovation, but the plans internally have only been vaguely referenced.  Focusing on anonymity, a cornerstone of Cryptocurrency, UTIL is developing a decentralized peer-to-peer network layer that will exist in the wallet framework.  This will be comparable to the Tor network, where each node (wallet) can choose to participate in a sub-network that allows users to conduct business online as someone else.  This will be followed up with anonymous send technology, allowing individuals to send coins without a trace on the block chain.

Sustainability is a major theme for UTIL development, this project aims to be the industry’s reserve currency.  With outside investments, an all-star team, and bleeding edge technology imminent, there could not be a better time to get involved.  UTIL can and will change how the world looks at Cryptocurrencies, most likely due to its use in a business environment.  Innovation has always been the best path to prosperity, especially when it empowers freedom for societies and individuals.  UTIL is not built on promises, the core functionality is built and will be released shortly.  Developers are now in the process of testing the OS to build third party applications.  Unlike other projects, which constantly bleed value, and lately plummet during major releases, UTIL serves a purpose.  It will finally end the cycle of hype based speculation, and allow investors to be paid interest to make money.  

A development roadmap is being accurately planned and the UtilityCoin development website is underway.

PRESS CONTACT:  utilitycoin@gmail.com
WEBSITE:  www.utilitycoin.net
TWITTER:  https://twitter.com/UtilityCoinTeam
BITCOINTALK:  https://bitcointalk.org/index.php?topic=797900.0


References:
1: http://en.wikipedia.org/wiki/Cryptocurrency
2: https://bittrex.com/Market/Index?MarketName=BTC-UTIL
3: http://utilitycoin.net/ann/UtilityCoin-Introduction.pdf  
4: http://cryptoasian.com/util-utilitycoin/

View PDF:

http://utilitycoin.net/UtilityCoinPressReleaseOctober9th2014.pdf

[zwiggel]

Amazing! I am hearing alot of positivity around this one now!
Its quite here because all are waiting for the nwes to drop..

[evok3d]

¨The Utility repository system ¨

Are there any samples, screenshots, plans, whitepapers for this aspect.

Do you have a timeframe in which this will be completed?

Cheers