Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 39. (Read 381003 times)

Alenevaa is a GEM - this community owes him a lot

I want to thanks Alenevaa for the great work he is doing with the pool.

Keep the good work.

Cheers.  

https://bitcointalksearch.org/topic/m.21816033

Is this coin still kicking? Anything new on the front?

Nice, that was fast fix.
Thanks Alenevaa

Valpe

Its all fixed

THANKS ALENEVAA

Cheers - usukan

Yes - noticed that too.

I have contacted Alenevaa - he will fix things up.

Cheers - usukan

Whats happened our pool?

 This Domain Name Has Expired - Renewal Instructions.

Why would they want to change the name of a genuine long term healthy coin?

Thanks for the info usukan!

Hi Wh1teKn1ght

The current staking reward is 5.6% PA.

To stake you need to have a reasonable "weight".  Weight is determined by age (since deposit in your wallet or since last stake) AND by the amount of coins you have in each address.  Each address stakes on its own weight - not the whole wallet at once with many addresses.

So from my observations - if you have less than 50k coins (in an address) you would need to wait up to a month to have a good chance of getting some stakes.
With 100-200k plus you need to wait a min of 2 weeks to get good staking.
Staking monthly or every 2 months works very well.  You don't need to stake all the time (although it does strengthen the network if you a an altruistic kind of guy). I just connect up every month or two and the stakes come thru like machine gun fire then slowly dwindle to zero over 6-12 hrs.

Yes - theoretically you can stake after 7 days but it seems your weight is not high enough to ensure a timely stake.  
Depends also how many others are staking and what their weight is.  You can check your weight against others at bottom right of wallet by hovering mouse over.  If your "expected time to stake" (this seems to be an absolute min rather than "expected") is much over 10-20 mins then you will be waiting a long time (maybe a day) to get a stake unless you just get lucky.


Cheers - usukan

Can someone please explain the staking schedule? Is it ~5% per year? After staking, how long until coins mature and can be staked again, 7 days?

Thanks!

Why Ultracoin should do this?

You should change the name to "Onecoin" I heard that's available now. Seems like a good fit.

anyone got here any latest bootstrap? im syncing from the last bootstrap but after 2 days its still on 78%

That would be great.
Thanks in advance!

Hi genopark

Rapture333 (Steven) had an app for paper wallet generation.

I'll ask him if he can supply.

Cheers - usukan

can we get paper wallet feature for this coin plz?

Haha - yes me too!

Thats why I'm still around here.

Stay tuned aelpop.  Thats my best advice for now.

Cheers - usukan

Welcome back! There will be some interesting times up ahead for this coin, more announcement will come from Usukan when there is more info! Stay tuned...