Topic: [ANN] Unbreakablecoin (UNB) | SHA256 - Over 3x Bigger then Bitcoin | No Premine - page 38. (Read 134933 times)

I'm happy to talk about anything and everything at the convention. Especially UNB

Welcome to UNB's forum. I appreciate your input and overview, and I to believe in time UNB will grow in usage, acceptance, and in mining. I recognize with so many other coins to choose from it's takes longer to really stand out from the crowd, but UnbreakableCoin's awareness is growing.

Hey Blasko,

I notice you're a speaker at the above event, can you tell us if you plan to discuss Unbreakable coin?

Hopefully this 4 months sell-off is done with so we can start our move back up.

Thanks!

Jesus what a pain in the ass...if my coins ever confirm I'm out.  This block time is absurd.

as an outsider suddenly more interested in UNB.

1.  I like a coin community that is ULTRA conservative on code changes.  Release and never fork.
2.  This slow block release is still a big problem.
http://www.unbmining.com:8008/chain/Unbreakablecoin?limit=100&offset=45041
20 days to mine 100 blocks?

Suggestion, stick to your guns, UNB is likely to not gain major acceptance in the next 300 days.  The market might appreciate the 'never fork' later.  But UNB will suffer severe ridicule in that period.

That said, forking in a gravity well, it is no major sin.

---

http://insidebitcoins.com/chicago/2015/speakers#jimblasko

interesting group of BTC "insiders",
same Corp. hive of mba/lawyer/banker/advisors found in the actual Corp. hive

Oooohhhhh.   No you didn't.  Why does $100,000 seem so extreme to people?  Haha, seriously though, next year any such domains are gonna demand crazy high prices.

Nice domains though, I wasn't a techie in 2013 (and I'm not one now) so a lot of great domains slipped my mind completely.   Great catch, don't sell it cheap!

lol nice domain

Contact me if you want altexplorer.info I have owned if for close to 2 years now.

I also have @altexplorer on twitter

I wont charge you vlad2vlad prices either

As a miner, as I said above (as well as much previously), electricity is too expensive to mine a seriously over-difficult coin (I'm not a dumper).  The current Diff algorithm was perfect for the relatively primitive mining hardware available in BTC's early days, only reason it's OK for BTC today is the quantity of mining hash is huge (block solution speed is more than maintained) -- totally not the case for UNB.

Bought some coins a couple days ago and transferred them to my wallet at ~5pm Wednesday.  They arrived at about 9pm (twenty-two network connections) and now I'm awaiting the confirmations.  That's a problem whether you admit it or not.  No, the blockchain isn't frozen, however, instead of running, it's crawling.  The five minute block spec is currently meaningless and has been that way for months.  Hopefully, the next Diff change will alleviate the mining problem, but appears that won't happen for many more months.  And when it finally happens, there's a good likelihood an ensuing jump in mining (like during the earlier P&D) will again blow the Diff into the stratosphere.  The PR looks good, but not so the blockchain!

UNB is not a five minute coin, not even vaguely close -- we're talking about multiple hours!  If you want it to be a five minute coin, you need to move to a Diff algorithm that is capable of enabling a five minute coin in an ASIC world.  Otherwise, it'll remain prohibitively expensive to mine and hence hyper-slow for transactions!

PS.  As of Thursday 10pm, there are still only four of the minimum six confirmations.

PPS. As of Friday morning 1:15am, six confirmations have been acknowledged!  The coins are now available for use!

Hash rate you mean?  No idea.  I estimated 300 days simply by looking at blocks made over the last 30 days - between 4 and 5 per day on average.  It was just a rough and ready calculation.

whats the current network rate?

That's an eternity for me.

hello, i stopped by since someone i know who spends a lot of time and research investing in alt coins suggested to me that I should look at this coin.   


a few thoughts not in any particular order or even any value but some considerations....


1) normally when i see proof of developer it is a pass for me on a coin but since not everyone feels as I do....  i looked a bit more

2) i agree that when a coin is launched there should not be major changes to the coin production schedule nor the money supply since (i won't name names here) often people release coins with 50 million supply ect...., then 3 hard forks later the supply is 5 million.... large swings like this are not healthy for a coin  and tend to create 'pyramid scheme' scenarios.  Nice to see that there are some people running coins who have enough integrity to keep thier code intact to what was originally stated.

3) I could not find a link to the source code on github in the op only on the coins website is this source https://github.com/jimblasko/UnbreakableCoin-master on github available by link

4) I certainly respect developers who keep promises and do not fork the code of the coin every few weeks or continue to discuss 'proposals to change the coin' ...ect.....  This aside since your difficulty retarget is every two weeks when blocks are being produced at a 10 minute clip. With higher difficulty a lot of mining hash power is necessary to continue to solve blocks so coins can be slowly moved about your network right now. Still since it is moving quite slowly now you may want to reconsider for the future (thinking long term) of lowering this to every 50-100 blocks.  I have never been a fan of the kimoto gravity well or other quick retarget methods but to help people move coins around and encourage people to mine the coin... I would consider it if it were my coin. (in theory the current slower than normal movement of the blockchain could allow someone with enough hash power to start building their own little chain more easily than if it was moving at normal speed)  (no i have no plans to attack your coin lol)

5)  May i suggest you read this research paper from a few years ago (you may have read it before but never hurts to re read this every so often)

Analysis of hashrate-based double-spending  https://bitcoil.co.il/Doublespend.pdf#page=1&zoom=auto,-93,798  Normally higher difficulty is certainly a good thing to have since the higher the difficulty the more resources someone needs to mount any attack.  I believe in theory at least that when a block chain is moving much slower than normal the points/methods/data in this research is something to consider.
Some believe that 6 confirmations is some type of 'constant' or 'magic number' when actually it was probably chosen as a balance point just as you need not control 51% of a coins hash power to double spend or attack a network.  Smaller amounts of hash power can actually attack a network although with less chance of success. 

This all aside i did not post these opinions of mine and other information to 'troll' your coin thread. 

Your development team as the people running the project should have control over how it is run.

My purpose in posting here was to just kick a few ideas around .......

I hope you find the data in the paper I referenced in number 5 above useful (assuming you have never read the paper) 

As bitcoin mining grows and faster and larger quantities of miners become availabe to more people it is still hard to predict what impact this will have on alt coins using sha 2.

Regards and best wishes --

At the current rate, about 300 days.

UNB is rare, hard to get, and there is only 2,243,750 out there right now.
It will take 35-40 years for all 80 Million UNB to be mined out.
In the first year we seen about 2,000,000 UNB mined.

There is no heavy inflation on a yearly scale, and the max supply is set for UNB to be minable for a very long time.

Thanks

Any plans to cut the inflation and max supply?  I still think there's no need to have 3x the supply. 

Cheers!

New UNB block explorer will up soon.
From my donation 

How much longer till the next diff change?

http://www.unbmining.com:8008/chain/Unbreakablecoin <---- working block explorer

If anyone is planning to come to Chicago for the 2015 Inside Bitcoins Convention, I will be speaking on July 10th at 11:30am – 12:15pm.
Come by and say hello !

Here are some links:

http://insidebitcoins.com/chicago/2015/speakers#jimblasko

http://insidebitcoins.com/chicago/2015/agenda#t1dat1130

Please be aware of people saying our block chain is frozen.

In 15 months since release, UNB has never frozen once.

It's hard to decipher sometimes if these comments come from miners wanting faster profits, day traders who want to sell to the buy side, or simply competitor coins who want to see UNB fail.
If these were day traders who were being affected by block confirmations, they can simply leave the coins on Cryptsy, or C-CEX and trade at will anytime. Block Speeds would never matter.
If security is their issue with leaving coins on an Exchange, note that Cryptsy has a nifty lock box feature where you can lock your coins in cold storage.

Please keep in mind that most of these requests to change UNB comes on stronger when the price is rising, and buy support is there. So I tend to think it's the miners.
I do understand that many miners want UNB to be easier to mine. They don't admit why, but I assume it's so they can quickly sell onto the buy walls.
They've always ask me to change the difficulty readjustment, add gravity wells, and some have said convert to POS....(Seriously)
Every time I've watched coins do this, they lost their value, made more changes later, and essentially destroyed the "decentralized" aspect of itself.
A few people have said the only thing wrong with UNB is it's name. To that I feel, UnbreakableCoin has proven itself, and has earned the right to the use such an awesome name.

I would hate to think it's just haters and competitors who want to see UNB fail.  However I must admit, I know some of these people are out there. Considering that UNBAuctions.com is the only place some alt coins have any real world usage, I would think even competitors would back UNB.  As a matter of fact many other groups have openly supported UNB and been very friendly with out team, some of those coins would include LTC, UTC, UNO, VTC, ZRC, HTML5, MZC, MINT, DOGED, BITB, MTR, I could go one for awhile. 

So I say again, UNB has never frozen. We find blocks everyday. Even when UNB is slow, it has never frozen!
These questions about making UNB faster have always been answered with, just hash it and I can assure you, it does go faster. This is the correct answer.

Rest assured - There will be no changes to UNB.
UNB will always be Unbreakably Decentralized, and Unchanged!