PoW Stage is now ended.
I guess hitting bigger exchange the price will raise.
Topic: [ANN][UVC] UniversityCoin | UniversityCoin.Org - Pure PoS | 9M coins mined - page 34. (Read 135374 times)
May 06, 2014, 06:02:15 AM
May 06, 2014, 05:58:20 AM
I like how the ANN post listed 20M coins during POW, and described a POW period followed by POS.. when in fact the coin was POW+POS from the beginning and there's only actually ~9.6M POW coins due to the POS blocks contributing ~50% of blocks between 0-20160...
The dev's "confusion" cost us 5+ BTC because we had to buy UVC to cover overpayments of POS blocks to miners during the POW period... thanks UniversityCoin devs!
The dev's "confusion" cost us 5+ BTC because we had to buy UVC to cover overpayments of POS blocks to miners during the POW period... thanks UniversityCoin devs!
Why can't people read...
https://bitcointalksearch.org/topic/m.6502710
https://bitcointalksearch.org/topic/m.6531709
btw your email to miners said 'We were mistakenly crediting POS blocks as mined blocks for UVC because it launched as POW+POS, which resulted in overpayments to miners.'
and now look at what you said
It's not cool man
Edit: hmmmm... Maybe that's what exactly dev wanted to do - to punish multipools! lol jk
If miners generate POW coins, and that coin BEFORE is delivered to miner from pool make POS coins on pool wallet, that coins belong to miner. pool take 1 - 3 %
May 06, 2014, 05:55:42 AM
mined all yesterday on poolerino and got 20 coins?
did the diff go to a billion or something?
mined with what hash rate?did the diff go to a billion or something?
May 06, 2014, 05:40:18 AM
It seems like due to POS blocks starting during POW that total coins during POW stage is much less than first advertised. Instead of 20m there are now 9.5m.
so coin value should double soon I guess just on this news alone
so coin value should double soon I guess just on this news alone
unfortunately, this is not so simple. We have to create interest to this coin if we want big players to give this coin a proper coin market cap.
May 06, 2014, 05:13:37 AM
mined all yesterday on poolerino and got 20 coins?
did the diff go to a billion or something?
mined with what hash rate? did the diff go to a billion or something?
May 06, 2014, 05:12:00 AM
It seems like due to POS blocks starting during POW that total coins during POW stage is much less than first advertised. Instead of 20m there are now 9.5m.
so coin value should double soon I guess just on this news alone
so coin value should double soon I guess just on this news alone
May 06, 2014, 03:51:45 AM
dont forget:
vote in Mintpal
vote in Mintpal
May 06, 2014, 03:43:17 AM
Wow, that`s fast.
Can someone help to unlock the wallet? How to do it?
If you didn't lock your wallet, then your wallet is already unlocked. Can someone help to unlock the wallet? How to do it?
May 06, 2014, 03:41:42 AM
mined all yesterday on poolerino and got 20 coins?
did the diff go to a billion or something?
did the diff go to a billion or something?
May 06, 2014, 03:09:20 AM
Wow, that`s fast.
Can someone help to unlock the wallet? How to do it?
Can someone help to unlock the wallet? How to do it?
May 06, 2014, 02:53:19 AM
May 06, 2014, 02:52:43 AM
What is wrong with dedicated pool? Why I can`t connect to?
heavy ddos attacks yesterday maybe in the last hours too.
May 06, 2014, 02:45:13 AM
POW stage is already over?
May 06, 2014, 02:41:05 AM
It seems like it is down.
May 06, 2014, 02:38:32 AM
What is wrong with dedicated pool? Why I can`t connect to?
May 06, 2014, 02:32:04 AM
Pools pay POS blocks to miner, that blocks generete form miner also, that meen all this coins belong to miners, and pool take 1 to 3 %..
What is problem ?
What is problem ?
May 06, 2014, 02:15:10 AM
ipoMiner pays out the mined coins directly to miners, not BTC. Multipools that pay out in BTC may or may not have had the same issue in terms of calculation, but its irrelevant to them because they are exchanging the coins they actually hold for BTC.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
The fact that POS was working since the beginning has been well knowed since a long time. I understand it was confusing if you read only the OP post and i understand that you are pissed to loose 5 BTC. But from what i understand so far, it s your fault not the dev fault.
You just had to check the generate coin reward to avoid this mistake.
Alright, let it go. I am sorry for your loss ipominer, your pool was great, i mined there before. Sad things happen, let's just move on and try not let it happen again
Of course, just wanting to clarify thing.
And let s put in the OP that ipominer is a multipool with UVC payout. It will help getting some BTC backs.
May 06, 2014, 02:11:37 AM
ipoMiner pays out the mined coins directly to miners, not BTC. Multipools that pay out in BTC may or may not have had the same issue in terms of calculation, but its irrelevant to them because they are exchanging the coins they actually hold for BTC.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
The fact that POS was working since the beginning has been well knowed since a long time. I understand it was confusing if you read only the OP post and i understand that you are pissed to loose 5 BTC. But from what i understand so far, it s your fault not the dev fault.
You just had to check the generate coin reward to avoid this mistake.
Alright, let it go. I am sorry for your loss ipominer, your pool was great, i mined there before. Sad things happen, let's just move on and try not let it happen again
May 06, 2014, 02:00:43 AM
ipoMiner pays out the mined coins directly to miners, not BTC. Multipools that pay out in BTC may or may not have had the same issue in terms of calculation, but its irrelevant to them because they are exchanging the coins they actually hold for BTC.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
The fact that POS was working since the beginning has been well knowed since a long time. I understand it was confusing if you read only the OP post and i understand that you are pissed to loose 5 BTC. But from what i understand so far, it s your fault not the dev fault.
You just had to check the generate coin reward to avoid this mistake.
May 06, 2014, 01:53:17 AM
ipoMiner pays out the mined coins directly to miners, not BTC. Multipools that pay out in BTC may or may not have had the same issue in terms of calculation, but its irrelevant to them because they are exchanging the coins they actually hold for BTC.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
It isn't a matter of not paying attention, rudius -- the ANN post was incorrect, and the way that POS blocks occur in the wallet makes them indistinguishable from POW blocks. It wasn't an assumption at all, it was what the ANN post listed when the coin was launched.
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