Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 60. (Read 381063 times)

this is not official UltraCoin business

Seems that some of our colleagues over on the WAVES platform have created the "UltraCoin" asset.  Its a token on the WAVES platform.
https://wavesplatform.com/

I have been approached anon to deliver this to the UltraCoin Community for your individual consideration.

It's obviously a WAVES promotion - but read on.


(MOVED TO Ultracointalk.org - since it it may transgress BCT rules??  Seriously?)
 

http://ultracointalk.org/b1/atcripto-ultracoin-waves-asset-distributions/274/msg496#msg496


Cheers - usukan

Hi Beave162 - good to hear from you.

Yes its been fixed.

Cheers - usukan

Has this broken coin been fixed yet???

I say yes, yes and yes, good luck

Pros sound good!
Ok, are there any drawbacks doing that?
Is there anyone in the community that can do something like this? Or do we need to hire someone again?
Will it require a new fork?

My suggestions are

1. Update the codebase to more recent bitcoin codebase. This will be huge task and will take time but it will improve wallet resuorce usage and speed significantly.
2. Optimize wallet staking code so that it creates less UTXO and consolidates more. This will reduce wallet RAM usage while keeping staking income stable.

I think those two will be more than enough for time being, especially updating to most recent bitcoin codebase as it will touch almost all parts of the code.

Nice to see you back Steven.
Good to get the website updated.
Regarding coinpayments I will help you with the cost 50 % if you go forward with that, although I think there will still be low volume regarding the price of UTC being low thus requiring you have to sell a lot of UTC to buy things, but maybe it is just me thinking like that.
I'm still positive to Coinomi, but I think it was a steep price and I don't think we have sufficient funds for that if we don't get more contribution from the community, I'm still willing to take 10 % of that cost if we choose to introduce UTC there.
About the North American Bitcoin Conference, positive to get re-invited but I think it depends of the price and ROI.

like sambiohazard wrote about the active development/improvement of the protocol and wallet; what inputs do we have at the moment from the community, what is it we want to change or implement in the next stage, do we have any suggestions at the moment?
 

Nice to hear from you steven, all your proposals sound great but all of them are related to community outreach and social networking. I am worried that there has been no "roadmap" regarding the technical development. IMHO all of the social/business interactions are futile if there is no active development/improvement of the protocol and wallet. I think we should first decide on how we are going to improve on technical side so that we have an answer for potential investors & community members when they ask "WHY UTC".

Hello everyone,

I am sorry for my absence this past week, I have been moving and my computer and modem have been in multiple boxes the past few days. I just wanted to give an update on what we are working on now in the short term and will be giving a long-term game plan soon thereafter. Currently, the main areas of opportunity are the website, coinomi and coinpayments. The website needs to be moved on to the new server and updated which is what I am currently working on now, I will be able to update the sub-domains and edit the website content once this is done. The old curator of the website is long gone and the passwords need to be changed from the inside. As for coinomi it is obvious that this would be a great exposure for Ultracoin and a huge solution for those whom run multiple wallets and like the idea of a single client solution on their PC! Communication with Coinomi is currently underway and I will update the community as things progress. Coinpayments.net has agreed to feature Ultracoin once again, however it will require a $250 fee for 90 days and continuation based on volume, which I am willing to absorb personally as long as there is community interest in using the platform. In the past Coinpayments had little to no Ultracoin, but the service has grown substantially and the number of vendors has skyrocketed, now is the season to buy gifts and using your Ultracoin to do it will be outstanding! Lastly, as Ultracoin was previously showcased at the North American Bitcoin Conference back in 2015 we have been invited back for the 2017 conference in Miami, FL, USA. I am debating the potential ROI of participating again with a table, while the exposure and name recognition is great, it may be more worthwhile to attend for networking purposes instead and to explore new and upcoming technology while forging partnerships and potential business deals. This is very exciting as events like these have always historically put Ultracoin at the forefront with out participation. As 2016 comes to a close I foresee a very bright 2017 ahead for Ultracoin, enjoy the holidays with your friends & family this season and let's prepare to grow together.

Sincerely,

Steven "Rapture" Nekhaila
Chair of the Ultracoin Committee
[email protected]
Ultracoin

P.S. Ultracoin t-shirts are still available for sale, all donations go towards the development fund

this is just a "heads up" to the UltraCoin Community

Please be aware that Steven (Rapture333) has now taken over the leadership role in Ultracoin. As previously announced I would step down and into the background once the new wallet and fork was completed.  This is now the case.

https://bitcointalksearch.org/topic/m.16899452

Steven will be back with an update shortly.


Cheers - usukan

I agree 100%. The only reason I reported this in the first place was to make the team aware of the issue so they could catalog it and decide if/when it needs to be fixed. It's hardly a critical issue, but it is a bug and I wanted to let the team know about it. Sounds like others have noticed too, but since it's not really a critical issue most of us just work around it.

Thanks wtfc360

PressTab says that he did not touch that part of the code - so he's not sure what the issue is.

It seems that if you do not run the "clear orphan" function - you don't get the glitch and your wallet stakes on with no problems.
If you don't get orphans and you run clear orphans - you don't have any problems (its only the rare case when you do get orphans - and I have not had ANY since the fork).
If you do get lots of orphans - check your computing environment out.  Perhaps try a wallet consolidation if you have an old wallet with lots of small transactions and stakes.  

If you do run clear orphans - just restart your wallet.
Don't forget that you should get 0.0 for an orphan anyway (the 0.0 is only reporting that the stake was a null value) - the main concern (@bret) is that sometimes the wallet freezes after clearing orphans - so if you do want to clear orphans (and its not required its just an aesthetics thing) just restart the wallet to update the ledger and get syncing and staking again.  

We can look into this next time we do a wallet upgrade.  Its not a serious issue and certainly does not require a fork or anything.

To put it in perspective - if thats the only glitch we have after a new wallet and hard fork - its damn good IMO.

Thanks all for reporting and investigating.


Cheers - usukan

Now my wallet have been staking for little more than an hour after "clear orphans" (did it 5 times during this period), still no orphans, no 0.0.
Approx 45+ incoming confirmed stakes of various amounts.
Wallet up to date, block 1845038, 5 active connections

Perhaps the glitch only occur IF you do get a rare orphan and then you "clear orphans"?

So now I have been staking for approx 9 hours and got approx 250 incoming stakes of various amounts, no orphans, no 0.0 in the overview window.
Wallet "Up to date" block 1844944, 5 active connections.
Tried to "clear orphans" now (the non-existing) and let's se what happens...

This is exactly what happens to me. I don't see any more stakes (or possibly any transactions at all) when I use the "Clear Orphans" function. I haven't really looked too much into it but I can tell I stop staking and appear to stop syncing entirely after I run "Clear Orphans". Again, a wallet restart appears to fix everything, but it's kind of a habit for me to clear orphans every once in a while.

i have the same issue as bret regarding "Clear Orphans" function. Exactly same as bret described it, although only other effect is i dont seem to get another stake until i restart the wallet. Restarting the wallet fixes it all. Also my wallet is not at all starved of resources except for bandwidth maybe.

EDIT: orphans are rare but they do happen for me.

Hi Usukan, I'm not sure what happens if I don't "clear orphans" I usually do that after a few hours staking even if I don't get any orphans, don't know why I do it really. So that means I'm not sure what happens with just the staking, will try that out now and see if I get the 0.0 in the overview window, will report back later in a couple of hours of pure staking (my guess is that I won't see the bug then).
When I do get the 0.0 they seem to build up so in the overview window and it will just report 0.0, next transaction 0.0 and so on until all the 4 latest transaction that are showing in the overview window will be 0.0.
It's like the transactions "hangs itself" and get stuck on reporting just 0.0.
I'm only stake minting and not CPU mining with the wallet or so.
I'm not sure if this happens whether I get orphans or not, like I said I find it very rare to get any orphans at all now, if I get any at all. I think it may have something to to with the "clear orphan" command in the transaction window.

When I write this I have 3 active connections and synced the wallet to block 1844374
All green ticks in transaction window (6/6 confirmations) on all transaction, no orphans.
Ultracoin version 1.0.0.0

Hi wtfc360 - are you saying you get 0.0 in the Overview and you are NOT running the "clear orphans" function?

Like they just build up - and you are doing nothing apart from staking?

AND - you are getting this 0.0 building up - even when you are not even getting orphans?


Cheers - usukan

I have also noted the same glitch, so I don't think it's about cpu ram or resources or internet connection.
Staking is fine almost all the time, yes I do have seen rarely one orphan but very unusual, but after a few hours of staking I will also get the 0.0 in the overview and them building up so there will be 0.0 and then 0.0 and so on. It's enough if I close down the wallet and restart just the wallet and enable stake and it will work just fine again.
I don't stake 24/7, sometimes I just open the wallet to support the network without staking, I will have between 2 and 6 connection to the network at average.

Thanks for following up on this, appreciated.

My wallet is very old. But since I deleted the debug log a few weeks back, the log has only grown to 192KB, which is a good sign. I've had my wallet running almost continuously for years, not always staking, but always running. Lately I have been continuously staking just to see what happens. In the past I wouldn't stake as much.

My wallet probably does need consolidating. I suppose I could setup another virtual machine with a fresh wallet, split the coins evenly over an appropriate number of addresses. But how does that effect my staking, won't I be starting over? Is it really impacting the network that bad if I continuously stake and don't consolidate?

If that is the case, then at some point wouldn't it be a good idea to put a feature in the wallet to clean itself up? There could be people out there who are staking constantly and don't read the forums.