In order to keep the thread up to date and actually help bushstar focus on what he does, that is back end development, we decided to start a new one. Effectively, it is a continuation of
and will be the final one
To grow the coins adoption we have reached out beyond our friends in the crypto coin world to include team members from ufology, science, broadcasting and entertainment.These liaisons will help fuel adoption by introducing groups, industries and entire communities to the merits of joining the UFO ecosystem.
We are actively seeking partners with opportunities that further decentralization, promote open source technologies and broaden an individual’s accessibility to free market commerce world wide. The UFOCoin Team will start posting developer bounties for new features, rewards for signing up merchants, social media campaigns and targeted airdrop promotions. whole article
Technical Road Map and the Neoscrypt
UFO Coin has now hard forked to use the NeoScrypt hashing algorithm in an effort to remain within the realm of GPU mining and keep away from ASIC production in the near future. NeoScrypt uses very strong elements compared to the current version of Scrypt which has already been broken by differential analysis. This affords better protection than blending different hashing solutions together. Our philosophy is that decentralization should be the main drive for the crypto protocol and thus everyone should be able the join the network and be part of it, not just the owners of expensive hardware.
Together with the great community built around Feathercoin, we pledge to do everything within our range to advance the underlying technology and make it more secure, accessible and fun overall. There are many ideas and plans on the drawing board and they are coming soon. Neoscrypt was just the first step. Hats off to all the people who kept involved in this and made it possible!"
Bushstar's outstanding job brought the code up to date and secured it from vulnerabilities.
- The newest hashing algorithm uses blended Salsa 20/20 and Chacha 20/20, Blake2s for hashing and FastKDF. Read Whitepaper.Nite’s Gravity Well
- This allows for rapid response to hash rate changes and recovery from high difficultyTime Warp Manipulability
- Will be reduced to the point where its effect is negligibleAutomatic Checkpointing
- This vital feature for any coin prevents transaction roll back via 51% attacks
Proof of Work (PoW)
Neoscrypt hashing algorithm. CPU and GPU mining allowed. NVIDIA cards are usable too.
90 sec block time
1250 coins reward per block
4 billion coins total
6 confirmations per transaction
Coin created on 2nd of January 2014Sample config file
UFO Coin Wallets v0.8.8.1
The clients made available for PC and Mac have features expected in a new release like Coin Control and the ability to run the client without a wallet attached to reduce the memory requirement. There is the normal elements found in the better made wallets, QR code generation for addresses in the wallet, UPNP and IPv6. The expected network infrastructure is in place with dedicated DNS seeders for clients to use to find others on the network and nodes dedicated for network connectivity
Example config for R9 280X:
nsgminer --neoscrypt -g 1 -w 128 -I 16 --gpu-engine 1000 --gpu-memclock 1500 -o stratum+tcp://some_pool:some_port -O some_user:some_password
--thread-concurrency, --shaders, --vectors are not used for NeoScrypt. --intensity or -I is the primary performance optimiser. May be set between 8 and 20 according to your video card's memory size. For example, -I 16 means (2 ^ 16) GPU threads each of 32768 bytes = 2,147,483,648 bytes or 2Gb. There are some configuration tweaks available in neoscrypt.cl which might deliver a little bit of additional performance.
Block ExplorersBLOCK EXPLORER