Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 111. (Read 381018 times)

Seems to be about 7 days behind - don't think its been re-synced since the latest fork

Here is my address FrickChick:
UWfFi3boXJek6qZbAJ1qUBhxGGUXTwfN8C

Yes - same here

Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

I also noticed that orphans are less in stake minting than before.

Yes I had noticed that just recently too - first few days it was coming down but then word got round of the UTC fest when difficulty went thru the low period.  The hash has been spiking during the lows and blocks are flowing every 3-4  seconds.  It stays low (0.0002) for a considerable time during which many many blocks are found.  Of course you would need the diff to rise quite high to even this out to 60 sec averages over an extended time frame.

Lately maybe cos the miners who jump in when its low bounce it up higher again.  Need more stable mining hash or it will keep over correcting to adjust for this aberration.

Its just started to drop again - watch your hash go from 50KH/s to several hundred. The "fast up" "slow down" would discourage opportunistic mining - but at the end of the day it only really matters that the longer term average is 60 sec blocks. Of course something more stable would encourage more dedicated mining.

If I am reading the stats from your site correctly for 24 hrs

You should have 14,400 UTC over 24 hrs (1 block per 60 seconds - 1,440 per 24 hrs @ 10 UTC/block)
"Amount" on your site reports 5,690 UTC? for 24 hrs.
So the reward is coming up way short in a 24 hr timeframe if this is correct.

If the diff is calculated over 7 days (going back to the 3 days where blocks were being found every 2-3 seconds) then the current daily average might be on track.  When we move off diff calcs on those fast n furious 3 days things might change drastically.  I have no idea how the diff is calculated though - just random thoughts on what may be driving things at present. Anybody know from the code what timeframe diff is calculated from?

I also noted that orphans seem to be practically non existent now - which is a major improvement.

Not exactly. The difficulty for the last peak is more than previous one..

1601987   5,487
1601662   4,376
1601324   5,507
1601000   5,892
1600642   8,405

when its low - its usually a good time to buy

Check Cryptsy 2-3 Nov - about 2,000,000 UTC bought (up to 637) - probably for a good reason?

https://www.cryptsy.com/markets/view/163

considering the supply will be reduced now, because mining pays only 10 utc x block, the price should go up ?

I second this, i just can't buy utc anymore as everytime i buy some, the price drops again, and again, so... i think that utc value should be improved somehow...

So strange to see as bagholder,  i have arround 997.000 UTC in my wallet and it has now no more value as arround 4,2 BTC  

Does have the UTC management team or some serious community members a vision for 2016 about the potential development of value of UTC ?

Thanks FrickChick

Status: 21 confirmations, broadcast through 1 node
Date: 16/11/2015 07:42
To: UWfFi3boXJek6qZbAJ1qUBhxGGUXTwfN8C
Debit: -1000.00 UTC
Transaction fee: -0.01 UTC
Net amount: -1000.01 UTC
Transaction ID: c31074191cd31bb42ba458defe6f987fdcf36ff52c42d6ec1c1528538fa0fdd6

fast again now!

the difficulty oscillations are getting smaller and smaller - I could be wrong - but this may work!

Nevertheles - if a lot of opportunistic miners hammer it when the diff is down - don't puzzle on why it shoots back up so high again after every low diff.

The diff needs to be fast up - slow down

Well transactions and stakes are working

Status: 12 confirmations, broadcast through 2 nodes
Date: 15/11/2015 08:52
To: UaudboCoV45anf7uXXDyBdh8etw8e7V7vu
Debit: -1000.00 UTC
Transaction fee: -0.01 UTC
Net amount: -1000.01 UTC
Transaction ID: 6366d5e36ed4b5aaa55104060c8fe6f525b817a14597551cc11072d1eebcfa91

The difficulty oscillations are still large - but the peaks and troughs are getting smaller so it looks like it will settle into a stable rate over the next day or so.

It's pending, but the net is being slow at the moment.

It's really bouncing too much, the amplitude goes from very low (and exploitable by opportunists) to very high (and discouraging the normal miners)

I think the adjustment should be faster if the difference between the needed block time and the real block time is way too high, and slow if the different is minor.

Not yet, but the hour difference is way too high, let's see how the net works on this situation (really a nice net test )
1k thanx, i'm gathering a small utc fortune bit by bit, let's see if the waiting pays off

Best regards!

@ alenevaa

not sure if this is possible - but can you tell FrickChick and meebo (through your pool) - that if they post their deposit address here - they will get a few 1000 UTC deposited to their account.

Thanks - ususkan

Thanks and here is my token of appreciation:

Status: 0/unconfirmed, broadcast through 2 nodes
Date: 15/11/2015 08:52
To: UaudboCoV45anf7uXXDyBdh8etw8e7V7vu
Debit: -1000.00 UTC
Transaction fee: -0.01 UTC
Net amount: -1000.01 UTC
Transaction ID: 6366d5e36ed4b5aaa55104060c8fe6f525b817a14597551cc11072d1eebcfa91

Sent from the future.............15 Nov 2015

Hope it gets through to you

Well, as it seems, the diff bounces with too much amplitude.

Strange, the coins that went to auto-stake went back to normal balance now,and added up with the amount that was there.
Is this because the coins still had to blend in the new fork?

"blocks" : 1600658,
"difficulty" : 0.03911764,

Things are progressing further, the chain advanced 21 blocks, and difficulty dropped with a whopping 0.04827646 in about 4h 20m

edit:
"blocks" : 1600669,
"difficulty" : 0.01605555,

And this happened in roughly 45 minutes!