Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 177. (Read 946654 times)

I got my payment on the 2nd too. I'm waiting for the next payment. I think it is a good time to sell DarkCoin we've been mining for the last few days because it's gone up for 40% whereas UTC went down 30-40%!!

Understood. Thanks for the info. I love the concept. It wasn't as hard as I thought it would be.
But I'm still curious and please forgive me if this is a dumb question, but...
...Let's say I send someone a coin that has 360 days stake in it. It would be dumb on my part to do such because now that total amount of coin on that block, that has only 5 days to mature before reward, would revert back to 0 days proof of stake.
However, does that time frame of stake stay with the coin sent to the receiver?
In other words would the receiver addressee now has a coin in their wallet (that is also unlocked for minting) receive a coin that has a maturity of 360 days proof of stake? Or does that coin received also reset to 0 days proof of stake and require 365 days to mature?

And forgive me...
But one more question. Let's say a set amount of coins are on a block (tracked via use of coin control) in ones wallet (that is unlocked for minting) for proof of stake reward (after 365 days).
Does that set amount of coin (again tracked via using coin control) reset back to 0 days proof of stake after maturity? For example, I have 6 blocks with a set amount of coins on them gaining proof of stake maturity. Each level of maturity for each of the blocks are around 2 month intervals apart (2, 4, 6, 8, 10, 12/0 month intervals). If I were to need to take money out of one of those blocks, would I want to take it out of the youngest block that has almost 2 months maturity on it or (if I had the time before I need to pay someone) wait and use the block that is about to mature 100% and reset to 0? I guess what I'm asking is, does a coin gain any extra incentive to keep maturing untouched after it receives a reward for 365 days minting?

Thanks again,
Craig Claussen

i'm with you my UTC friend...this price is ridiculous...i have little BTC for buying (im all in UTC) 

Please join me on cryptsy this evening in about 4 hours i will be promoting UTC again and also buying allot to let the people see the coin!!!

if you dont have BTC to buy please support me by talking in the tollbox about it!!

thanx! i will start pump around 21:00 ( 9 a clock evening ) european time!

thanx already we can do this as community!! just as 1 week ago we went to 0,00020.

Thanks for the tip Craig. I will match it and pay it forward to someone.

When coins go into your wallet they will not be rewarded until that transaction sits in wallet for 365 days. The priority of any coins are based on how many confirmations that transaction has in the blockchain. Such as "medium", "high", and "highest" priority. The longer a coin sits in your wallet the higher the priority it has for stake. That is how coin control works. It allows you to select the young coins for moving around or spending and keep the old coins for stake. Also there is something about the size of the individual transaction that can determine its efficiency for stake.

For all who use utcmultipool.com question:
When you get the last payment, and are those numbers matched with the amount you are supposed to get ?
My last payment was two days ago. 

Glad to have you on board, longthu!

Could you try to explain better what issues you are having?
You are saying your wallet won't sync?

And about the rest of your question, does this help?
http://ultracoin.net/nfactor.html

Thanks Wirly!!

Just sent you some coin that I had mined and staked. So I had a total of about 39.5 coins worth that I mined on what I'm guessing was on 2 separate blocks. I clicked on those blocks by using the coin control option  in the send tab to pay you with it. I sent you a little less that the total amount because I didn't want the transaction fee to roll over into another staked block, thus hurting it's days staked value.
Does that sound like I did the transaction correct, based off the links provided by Bumface and from Hobonickels? So now I lost one complete block with my staked coin value, and I have one block that has the small remainder of coin left in it to cover the transaction fee. Does that sound like I'm doing it alright?

The coin I sent you was staked at "medium" priority. Do you mint your coin? I am curious because if you are minting wouldn't that coin come in as staked already in your system and wouldn't it show up also as "medium" priority in your coin control send tab? Sound right to you?

Again, thanks for the help!!
Cheers,
Craig Claussen

fucking bots, only in momentum they are working then they dont sell!! but of volume go's down bots are selling
we need someone with 5 btc to buy the bots up!! and keep a buy wall with 2 btc or something..

bots on crapsty drop the price each time it goes up

we are at this price because people refuse to realise utc is worth 1,5 dollar at this point in time.
I could name coins with 10x our value and 10x less innovation and dedication, but i wont ^_^

I really dont get it where at 0,00008 again??? which idiots are selling for this price.
At this price your making a great loss on your mining?!!!!

Can anyone explain how this is possible

Sure  

On zazzle.com applicable embroidery conversion logo fee is 3 times higher than the price hat
not kidding this is not acceptable for me, and hats don't look better like on http://custom-hats.lids.com/.
I'm on http://www.customink.com/ now.

where there is a will...... http://www.pettenbedrukken.net/

The block reward reduced to 30% and hashrate reduced to 30%.The most important work right now is to let more people know the coin.The market capitalization of UTC is determined by the number of people using it.

hit the "send ultracoins" button and it will be different, then click the "inputs" tab. from there you can select what coin transactions you wish to use for sending

Guys - I SO need an ultracoin baseball hat. Figure this one out for me, please...

Thanks Bumface!!
And a big thanks and shout out to Hobonickels!!

I can see our current wallet has the option in the settings tab to active this feature...
Yet if I click on that option and apply it, I don't see a change in the wallet features.
Any chance you can forecast a possible date that this will be truly active in the wallet?
Will it come out in version 3 update?

Or is the feature already active and I'm simply doing something wrong?

I sent you the link to the source code in a pm earlier today. please let me know if you have any trouble finding it.

50 BTC worth at 2200 from April 21st that I could have exited with on the 30th
if I was not being greedy

God I hope AC2 does happen :S


on another note

Bumbface

where is ultracoins source code ... I could not find the UPDATED code thats been currently used on github .. everything their is 3 months old where is the current dev hiding their work