I need some $$
WTS 1000 UTC for 30ltc
PM me if interested, one time offer, have good rep so no worry
Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 720. (Read 946654 times)
February 05, 2014, 07:00:56 PM
February 05, 2014, 06:49:41 PM
this coin is going to go places. that's all i have to say about this coin.
February 05, 2014, 06:30:24 PM
is it normal that with this "scrypt-jane" my graphic card just does 25-30% less hashpower than with normal "scrypt" coins? I got intensity 20 and same settings than always. Also the graphicscards takes less power - but I find no tweak to get more hash without crashing the graphics driver!?
Yes, this is correct. Scrypt-jane will yield a lower hashrate relative to scrypt.
so one more question: can I use the remaining power of my graphic card? I did not try yet, but since power consumption is also 25% less, where is the power? Makes no sense that there is power left, I could just start a second instance, but I guess it would crash...?
The algorithm takes less energy to process, but the bandwith available for your given GPU or CPU is maxed out. You can't stuff any more information down the pipeline even if the information isn't as computationally intensive for your processor.
February 05, 2014, 06:26:37 PM
Proof of Stake explanation
20% interest per year if you
3. have wallet online all year
20% interest per year if you
3. have wallet online all year
Lol wut?
Ya have wallet online all year? You must be kidding!
this is if you want pos rewards guys, if you dont then dont have it on all year
Just goes to show dev has no freaking idea how POS should be implemented...talk to CASH dev...try to get real
i am not the dev and did you click the link for detailed explanation??
Proof of Stake explanation
20% interest per year if you
1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
- Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' TRUE
Detailed PoS explanation
https://en.bitcoin.it/wiki/Proof_of_Stake
The link explains the theory of PoS, but you haven't explained how it's implemented on this coin. Just saying you could get 20% interest if it's left on all year doesn't really address how often PoS blocks are generated for your coin, if they are implemented from launch or at some later date, and I'm still not sure whether the "walletpassphrase" is implemented only for minting or if it fully unlocks my wallet for the specified time on your coin.
PoS is always poorly understood (myself included) and it is one of the two things that differentiates this coin from a lot of the other scrypt based coins. You'd be doing yourself a favor if you could explain it better and why you added it with such a relatively large interest payout.
February 05, 2014, 06:18:31 PM
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February 05, 2014, 06:07:52 PM
ye we all wish it was worth $10 but end of the day we looking more @ 20cents per UTC
February 05, 2014, 06:07:31 PM
One last day to mine freely before Feb 6. So exciting but can't mine much than 
. Final Warning !!!
. Final Warning !!! February 05, 2014, 06:02:19 PM
Whats the price of 1 utc ?
No exchanges working?
No exchanges working?
The last price was 0.014 LTC
Lol at 0.014 LTC what planet you on its worth approx 0.5ltc to 1utc
February 05, 2014, 05:57:38 PM
Agree !!! Right price .
$10 per UTC so approx 0.013 BTC
.Whats the price of 1 utc ?
No exchanges working?
No exchanges working?
$10 per UTC so approx 0.013 BTC
February 05, 2014, 05:53:56 PM
Whats the price of 1 utc ?
No exchanges working?
No exchanges working?
The last price was 0.014 LTC
February 05, 2014, 05:41:55 PM
Whats the price of 1 utc ?
No exchanges working?
No exchanges working?
$10 per UTC so approx 0.013 BTC
February 05, 2014, 05:38:21 PM
Proof of Stake explanation
20% interest per year if you
3. have wallet online all year
20% interest per year if you
3. have wallet online all year
Lol wut?
Ya have wallet online all year? You must be kidding!
this is if you want pos rewards guys, if you dont then dont have it on all year
Just goes to show dev has no freaking idea how POS should be implemented...talk to CASH dev...try to get real
to be more exact, if you run an active node for a year with 0% downtime, you get 20%, otherwise you get less than that.
February 05, 2014, 05:37:13 PM
Whats the price of 1 utc ?
No exchanges working?
No exchanges working?
February 05, 2014, 05:13:28 PM
Proof of Stake explanation
20% interest per year if you
3. have wallet online all year
20% interest per year if you
3. have wallet online all year
Lol wut?
Ya have wallet online all year? You must be kidding!
this is if you want pos rewards guys, if you dont then dont have it on all year
Just goes to show dev has no freaking idea how POS should be implemented...talk to CASH dev...try to get real
i am not the dev and did you click the link for detailed explanation??
Proof of Stake explanation
20% interest per year if you
1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
- Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' TRUE
Detailed PoS explanation
https://en.bitcoin.it/wiki/Proof_of_Stake
February 05, 2014, 04:48:04 PM
Is there any chance you will be getting this on btc-e?
Maybe it will go on there one day who know's,and Bumface will prolly keep it under wraps until he know's for sure
Does he have the power to get it on there?
no idea but they must speak with the people in charge and im sure they could push it if they wanted and get it on
Btc-e already have it's own "2.5 millions coins pack" and it is called FTC"
UTC remember me FTC and CNC, same amount in the beginning ..same price .... same ....Touch.
I was dumping UTC on freshcoin ! WTF ! ! like i dumped FTC , CNC , etc During IPO .
Your only chance is to dump immediatly. Long time miner confession ^^
Or, maybe just hold it for a couple weeks , and wait for the value to go up a little. Im always confused why people have to sell immediately
February 05, 2014, 04:43:51 PM
Proof of Stake explanation
20% interest per year if you
3. have wallet online all year
20% interest per year if you
3. have wallet online all year
Lol wut?
Ya have wallet online all year? You must be kidding!
this is if you want pos rewards guys, if you dont then dont have it on all year
Just goes to show dev has no freaking idea how POS should be implemented...talk to CASH dev...try to get real
February 05, 2014, 04:29:05 PM
crypto-trade.com looks like they will be trading utc tomorrow the 6th.
February 05, 2014, 04:08:49 PM
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February 05, 2014, 04:03:27 PM
is it normal that with this "scrypt-jane" my graphic card just does 25-30% less hashpower than with normal "scrypt" coins? I got intensity 20 and same settings than always. Also the graphicscards takes less power - but I find no tweak to get more hash without crashing the graphics driver!?
Yes, this is correct. Scrypt-jane will yield a lower hashrate relative to scrypt.
February 05, 2014, 03:54:59 PM
At what time exactly, tomorrow, will crypto-trade add utc?
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