[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 829.

dolphinss

member

Activity: 70

Merit: 10

Quote from: dolphinss on January 31, 2014, 08:05:57 AM

"ultracoin is a hybrid proof-of-work/proof-of-stake coin, whereby active nodes are involved in the mining of blocks if they hold utc.
this will give a strong incentive to a. hold coins and b. be an active node (e.g. have wallet open/running) on the network.

this means that, under certain circumstances, you may accrue 20% proof-of-stake interest per year on the coins you own.

a good source for more information is https://en.bitcoin.it/wiki/Proof_of_Stake"

Can we have some clarification on how POS is implemented for Ultra coin? Under what circumstances will we get 20% proof-of-stake interest? Please provide some clarity. Thanks.

Still hoping for some answers on how POS is expected to work...

Also will this version of CGMiner work?
https://sites.google.com/site/rmdavidson/

hadi

full member

Activity: 210

Merit: 100

how much is first difficulty start with it ?

lager

member

Activity: 98

Merit: 10

https://twitter.com/brajon/lists/crypto-list

SxC

sr. member

Activity: 336

Merit: 250

Quote from: paukan on January 31, 2014, 12:49:38 PM

What time is this coin start?

Launching time:
http://www.webcountdown.net/?c=1391284800

paukan

newbie

Activity: 10

Merit: 0

What time is this coin start?

pipikiki

newbie

Activity: 3

Merit: 0

Hello.So i will be able to mine this coin using windows platform right? I don't need linux to use that new scrypt jane miner?

bumface

hero member

Activity: 728

Merit: 501

Quote from: Mordillo on January 31, 2014, 11:47:51 AM

If you don't want this coin to be listed on exchanges means, you don't trust this coin.

I call this market manipulation.

We welcome any exchange that wants to accept UTC.

Mordillo

member

Activity: 70

Merit: 10

If you don't want this coin to be listed on exchanges means, you don't trust this coin.

I call this market manipulation.

CycleSurfer

member

Activity: 189

Merit: 10

Quote from: miramare on January 31, 2014, 10:41:25 AM

Question about mining:

Do we need specific miner for CPU mining ?
Is Minerd suitable for mining? Huh

+1
I asked this as well. Waiting for response. I assume they will clarify this detail when the pool registration begins.

miramare

hero member

Activity: 1162

Merit: 568

Question about mining:

Do we need specific miner for CPU mining ?
Is Minerd suitable for mining? Huh

miramare

hero member

Activity: 1162

Merit: 568

We are waiting for the pool registration........................... Shocked

michaela_elise

newbie

Activity: 39

Merit: 0

ETA for pool registration???

dolphinss

member

Activity: 70

Merit: 10

"ultracoin is a hybrid proof-of-work/proof-of-stake coin, whereby active nodes are involved in the mining of blocks if they hold utc.
this will give a strong incentive to a. hold coins and b. be an active node (e.g. have wallet open/running) on the network.

this means that, under certain circumstances, you may accrue 20% proof-of-stake interest per year on the coins you own.

a good source for more information is https://en.bitcoin.it/wiki/Proof_of_Stake"

Can we have some clarification on how POS is implemented for Ultra coin? Under what circumstances will we get 20% proof-of-stake interest? Please provide some clarity. Thanks.

dolphinss

member

Activity: 70

Merit: 10

Any plans for Android wallet?

miramare

hero member

Activity: 1162

Merit: 568

Very interested in.
But I don't know how many UTC can be mined by my cpu.
Oh, I missed the pre-sale...Sad.. Angry

kokes

member

Activity: 66

Merit: 10

Quote from: bumface on January 31, 2014, 06:06:22 AM

pool registration will be up shortly

Nice! Will miner be released before the big launch (set-up time)?

tabnk

full member

Activity: 140

Merit: 100

24 hours to go Cheesy

bumface

hero member

Activity: 728

Merit: 501

pool registration will be up shortly

tabnk

full member

Activity: 140

Merit: 100

They can choose not to release source code until week later than no one can list except crypto trade site Cheesy

Cloudpost

hero member

Activity: 742

Merit: 500

Quote from: coinmarket.io on January 31, 2014, 02:54:57 AM

We wonder what would happen if CoinMarket.io lists this coin on day 1...

Guys, you have got an exellent exchange (I enjoy it more than cryptsy tbh). BUT the coin shouldn't be listed on day 1. I'd say it is ok to list it on day 3-4 or better after a week.

I'd love to hear a word from devs Bumface and Ziggy about listing on coinmarket.

Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 829. (Read 946656 times)