BTC and all other coins are a chain - blockchain - 1 dimension. A simple straight line of transactions. Each one waiting for the next to build the line. Its a dinosaur and scaling especially comes back to this fact. 2nd layer required - yes of course - but why not a lot more layers all talking and improving each other - yes learning.
2 dimensions are being considered and tried elsewhere.
3 dimensions are all that our human brains can comprehend - easily.
The new Ultracoin will be 5 dimensions - think about that.
Its a very fast almost living, thinking being. Compare to brain neurophysiology and how the brain works (thats a lot of my background)....3 dimensions but more from other complex relationships...... and then extend further.
Please everyone here - understand that when Steven (Rapture333) left - I only stepped in here as a "caretaker" to hold UTC together until someone else stepped up. No-one else has stepped into any seat here so far. I really don't give a fig as to what anyone might have said about UTC in the past. Yes Beave this is for you. You need to understand - what I am here for is nothing related to the old Ultracoin anymore. It did well and still performs better than BTC - but its had its day and needs a complete make-over. I'm certainly NOT here to con anyone - just deliver the info I can and as stated many previous times before - Deliver the good, bad.... and any......plainly ugly news. Thats what I will continue to do - without any censorship.
Everybody here is free to continue with the current UTC. Anybody here is welcome to step in and take over management and dev work on Ultracoin (and please set up a pool). Go for it. For myself I choose to follow a different path - that is the transformation of UTC. Please be clear - its not a simple fork - its a TOTAL TRANSFORMATION that we are working towards.
I was very lucky to be involved with a very talented group of devs from around the world through my involvement with Ethereum since its inception. They set off to develop the ETH killer and set the stage for Crypto 3 and beyond...... The platform that solved all the issues and more for crypto and would be the new standard going forward. No - its not based on Ethereum or anything else in existence yet in the crypto tech scene.
Well - the tech they are developing will be (according to all our discussions so far) implemented in Ultracoin FIRST. Nothing has changed.
UTC will be the first 3rd Plus gen crypto - and I will keep everyone updated as I can
Believe me or not - up to you.
Cheers - usukan
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Thanks for the update Usukan, more light on the release of new UTC.
Because lying is immoral and should be punished, or at least brought to light. Do you disagree?
I am not lying, I never said the 6 seconds were true. And everyone can read my posts.
And everyone who have been folowed the first ANN and this one knows that the 6 seconds transaction wasn't feasible.
Usukan has already made the arrangements on the first post to correct the data.
So if this is why all the biterness, then:
EACH BLOCK OF UTC HAS AN AVERAGE TIME OF CALCULATION BETWEEN 40 - 60 SECONDS, IN A NORMAL NETWORK SCENARIO AT TIME OF POST.
THE TARGET TIME FOR A BLOCK IS 60 SECONDS AS STATED ON THE FIRST POST OF THIS ANNOUNCMENT
THIS INFORMATION CAN'T BE CHANGED RIGHT NOW FROM THE TITLE OF THIS ANNOUNCEMT, SO PLEASE TAKE THIS IN MIND WHILE USING UTC.Ready.
