Topic: [PRE-ANN] ↑ Up Coin ↑ Always going up! Ever changing algorithm ↑ JOIN HERE! - page 4. (Read 5020 times)
April 01, 2014, 01:55:42 PM
UUUUUUP!! Cool, looks interesting. I guess I do not understand how you can predict value like that? Does not make sense.
April 01, 2014, 01:51:58 PM
SOCIAL
Official Site
Twitter @UpCoin
Facebook
Official Site
Twitter @UpCoin
ABOUT UP COIN
Up coin is the latest cryptocurrency developed by a team of hardcore miners, traders, developers and social media managers. Upcoin will reward all traders and miners that hold their coins by increasing it’s value over time. We solved this problem by making unique algorithms that change over time, instead of having fixed time and block rewards with the same difficulty overall.
The algorithm changes happen from every few hours till one week time. There will be no more than 7 days without the code adjusting itself. All this to ensure UP as a safe investment for you.
http://i.cubeupload.com/Xojis9.png
“Up Coin uses unique mathematical algorithm to reward miners and traders over time. It’s what crypto community needs right now!”
WALLETS
http://upcoin.co/wp-content/uploads/2014/03/windows-icon.png
Windows Coming Soon!
http://upcoin.co/wp-content/uploads/2014/03/osx-icon.png
Mac OSX Coming Soon!
http://i.cubeupload.com/cxEW81.png
Linux Coming Soon!
http://upcoin.co/wp-content/uploads/2014/03/github-icon.png
Source Code Coming Soon!
DETAILS
POW ALGORITHM
Scrypt-N. More ASIC resistant algorithm.
COIN SUPPLY
Rare coin. 300000 Total Coins.
BLOCK TIME
Ever changing. From 20 seconds to 10 minutes time, the block time is constantly changing and going up! This is done via steps in code so it’s not a drastic move.
We want to ensure that your investment always goes up with the coin.
BLOCK REWARD
Many coins use a drastic way of block halving.
It is proven that is not the solution.
Instead we used a mathematical solution to change the block rewards according to the block number, block time and the sum of all hours mined. Doing a range from 4.1 to 0.1 coins per block. Early blocks are 0.001 UP to prevent instamine.
MATHEMATICAL ALGORITHM
Unique mathematical equations were done to ensure the coin gets increasing value over time. Invest and let us do the rest.
DIFFICULTY ADJUSTMENT
We use our own algorithm for retargeting the difficulty. Also the adjustment it’s being fixed over time to ensure to you have a steady and good diff as a investor and as a miner.
CONNECTED
We have dedicated servers for max connections of the coin. Always making sure that you can connect to the network.
SUPPORT & PROMOTION
You can have the support from the developer’s team. Our dedicated team is also constantly working on promotion for the coin.
UNIT
UP
http://i.cubeupload.com/ooUqpx.png
SERVICES
See all the services around UP Coin. Pools, exchanges to buy UP, block explorers, games to make it more fun and mining calculators for the hardcore miners.
POOLS
http://up.talesfromthescrypt.org
More Soon!
BLOCK EXPLORER
Soon!
EXCHANGES
Soon!
GAMES
Soon!
CALCULATORS
Soon!
CHARTS
This graphs are done with a stable and low net hashrate, it doesn't include increasing in hash rate that will increase the price even more and quicker.
http://i.cubeupload.com/kI0Agl.jpg
FAQ
How did you get the concept for this coin?
We have been many years following the crypto community and have seen all kind of trends. In the team we have long time miners and traders that understand the needs of the community and what a coin must do to be profitable for everyone.
Why no UP giveaways or bounties?
We have studied altcoin markets for months. And every coin that has given too many giveaways or large bounties are doing badly. Sadly people don’t understand that coins have value and they dump them for nothing causing the people that paid good money for the coins and mined hard to be angry.
What about promotion?
We have a dedicated team working for promotion. As you can see we have professional developers working on our site. We have community managers doing all sorts of social media: Facebook, Twitter, Reddit you name it. We are also promoting in blogs, forums, crypto press sites, IRCs, and other languages.
What happens when more ASICs enter the market?
We welcome them; our code is written so it uses scrypt-n and it’s ASIC resistant.
What is scrypt-n?
It’s a better scrypt algorithm that works in favor of miners, traders and investors so everyone can have a fair mining experience and will help the prices in the future. Scrypt-N it’s more ASIC resistant type. Just a reminder that when mining scrypt-n you will see lower hashrates maybe half the normal you are getting before, but this will happen to everyone so it doesn’t have any real effect.
What if I don’t have a mining rig, how can I get UP coins?
While we recommend for all holders to buy and mine your coins. You can buy when exchanges accept UP coins.
FINAL NOTE: While we can't guarantee that the prices will increase each month steadily we and all the community will work upon that goal. This will be a good experiment and something fresh in this crypto community. Thanks for your support and believing in this great idea.
Up coin is the latest cryptocurrency developed by a team of hardcore miners, traders, developers and social media managers. Upcoin will reward all traders and miners that hold their coins by increasing it’s value over time. We solved this problem by making unique algorithms that change over time, instead of having fixed time and block rewards with the same difficulty overall.
The algorithm changes happen from every few hours till one week time. There will be no more than 7 days without the code adjusting itself. All this to ensure UP as a safe investment for you.
http://i.cubeupload.com/Xojis9.png
“Up Coin uses unique mathematical algorithm to reward miners and traders over time. It’s what crypto community needs right now!”
WALLETS
http://upcoin.co/wp-content/uploads/2014/03/windows-icon.png
Windows Coming Soon!
http://upcoin.co/wp-content/uploads/2014/03/osx-icon.png
Mac OSX Coming Soon!
http://i.cubeupload.com/cxEW81.png
Linux Coming Soon!
http://upcoin.co/wp-content/uploads/2014/03/github-icon.png
Source Code Coming Soon!
DETAILS
POW ALGORITHM
Scrypt-N. More ASIC resistant algorithm.
COIN SUPPLY
Rare coin. 300000 Total Coins.
BLOCK TIME
Ever changing. From 20 seconds to 10 minutes time, the block time is constantly changing and going up! This is done via steps in code so it’s not a drastic move.
We want to ensure that your investment always goes up with the coin.
BLOCK REWARD
Many coins use a drastic way of block halving.
It is proven that is not the solution.
Instead we used a mathematical solution to change the block rewards according to the block number, block time and the sum of all hours mined. Doing a range from 4.1 to 0.1 coins per block. Early blocks are 0.001 UP to prevent instamine.
MATHEMATICAL ALGORITHM
Unique mathematical equations were done to ensure the coin gets increasing value over time. Invest and let us do the rest.
DIFFICULTY ADJUSTMENT
We use our own algorithm for retargeting the difficulty. Also the adjustment it’s being fixed over time to ensure to you have a steady and good diff as a investor and as a miner.
CONNECTED
We have dedicated servers for max connections of the coin. Always making sure that you can connect to the network.
SUPPORT & PROMOTION
You can have the support from the developer’s team. Our dedicated team is also constantly working on promotion for the coin.
UNIT
UP
http://i.cubeupload.com/ooUqpx.png
SERVICES
See all the services around UP Coin. Pools, exchanges to buy UP, block explorers, games to make it more fun and mining calculators for the hardcore miners.
POOLS
http://up.talesfromthescrypt.org
More Soon!
BLOCK EXPLORER
Soon!
EXCHANGES
Soon!
GAMES
Soon!
CALCULATORS
Soon!
CHARTS
This graphs are done with a stable and low net hashrate, it doesn't include increasing in hash rate that will increase the price even more and quicker.
http://i.cubeupload.com/kI0Agl.jpg
FAQ
How did you get the concept for this coin?
We have been many years following the crypto community and have seen all kind of trends. In the team we have long time miners and traders that understand the needs of the community and what a coin must do to be profitable for everyone.
Why no UP giveaways or bounties?
We have studied altcoin markets for months. And every coin that has given too many giveaways or large bounties are doing badly. Sadly people don’t understand that coins have value and they dump them for nothing causing the people that paid good money for the coins and mined hard to be angry.
What about promotion?
We have a dedicated team working for promotion. As you can see we have professional developers working on our site. We have community managers doing all sorts of social media: Facebook, Twitter, Reddit you name it. We are also promoting in blogs, forums, crypto press sites, IRCs, and other languages.
What happens when more ASICs enter the market?
We welcome them; our code is written so it uses scrypt-n and it’s ASIC resistant.
What is scrypt-n?
It’s a better scrypt algorithm that works in favor of miners, traders and investors so everyone can have a fair mining experience and will help the prices in the future. Scrypt-N it’s more ASIC resistant type. Just a reminder that when mining scrypt-n you will see lower hashrates maybe half the normal you are getting before, but this will happen to everyone so it doesn’t have any real effect.
What if I don’t have a mining rig, how can I get UP coins?
While we recommend for all holders to buy and mine your coins. You can buy when exchanges accept UP coins.
FINAL NOTE: While we can't guarantee that the prices will increase each month steadily we and all the community will work upon that goal. This will be a good experiment and something fresh in this crypto community. Thanks for your support and believing in this great idea.
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