Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 90. (Read 381063 times)

Yay...the block Explorer is on Presstab!

Good to see all the progress

@usukan maybe UTC can look into "pay as you use"/SaaS kind of services to target a market. Such services also require quick confs, maybe we can later in the year put up some kind of proof of concept service to show interested parties.

Good work with the explorer! Also presstab fixed the timewarp for MINT and Fuzzbawls is currently working on updating the "ancient" code for MINT. So we can maybe ask them to get UTC up and running when they are free or help the dev we hire.

My prediction for UTC price of 2000 satoshi is 26th May 2016 1500 UTC

update on the UTC Dashboard/explorer.

press is finding a few quirks in our beloved UTC.  Hes still having troubles but getting closer step by step.  I would say its a cheap price we got for the work considering the extra mile he is going on this with UTC.

I have told him to take his time and make sure he's all happy and he gets it right.

An extra day or two is not going to make much difference in the end - as long as we get a shiny new one in the end.

Cheers - usukan

bugger

Facebook would be handy - and it would save a lot of work if we can get the website files/access from Steven

Fingers crossed.

Cheers - usukan

Hi nanoprobe

Yes I have been on Reddit observing the squabbles over Core vs Classic - there are plenty of posts there and links to articles supporting my statements.  Of course I hope they get it all sorted soon with the blocksize issues because I agree that if its sorted the BTC fundamentals are good.

The Polo chat box (yes full of trolls) has also been discussing these issues.

Despite this - there has been a mass migration to ETH from BTC and that is born out by the rise in ETH price which I am sure you will appreciate has been quite startling over the last couple of weeks.

Some of the other ALTS are pumping - and some of this maybe concern over BTC.

As always - do your own research and form your own opinions.  I did - and these were my conclusions.


Cheers - usukan

You need to be VERY CAREFUL when you make broad statements like that. Who are the "many" that think it's best to be out of BTC for a while because its likely to drop significantly? Who are the "people" looking for places to go to get out of BTC? Any articles or anything to support those statements? Will BTC drop significantly is anyone's guess but the fundamentals do not support either of your statements ATM.

Thanks for ideas Roister01,

To make some more clear....(also as extra info for Usukan).

We are the administrators of the UTC Bitcoin forum and the UTC Twitter account.
Usukan has the codes for acces to that accounts.

Also we have the administaror rights to www.ultracoin.net .
But it seems we have not the acces to the layout and content of to the website as it is on the web shown this moment.
This is still at property and under control by Stevan.
But if we found a webdevelopper who want to take this job we can change the website layout/content soon (if needed).

About the UTC facebook account, we lost the administor control.
We just noticed this the last week.
Fabietech is trying to contact Steven and asked him to give the administrators rights and codes, but unfurthunatly Steven still did dent answer til know...

10 btc buy up will give us a marketcap of $1m. This will make me more active for sure. The higher the marketcap the more people are interested in their investment! The higher the marketcap the more people are willing to donate also. I had written my UTC off but now i see green roots Im reading this thread again. Great work buy the new guys! We need to get on a Chinese exchange! their volumes are insane!

Nice one Paul...

Could I just check, do we still have access to the Facebook account? I have just posted on there, but realize that very few people read or comment on non official postings. They might however read a post actually posted by someone official...perhaps it would  be useful to post on there from the Ultracoin team, regarding current situation, progress made, plans for the future etc, with a shout out for help - there are a few thousand folk signed up to this site, some of whom may be able to help.

Just a thought?

Roister01

Dear all,

Maybe I'll tell my opinion too quickly now, if that is so I like to hear everybody’s thoughts …

UTC is getting back on track (or it looks like it).
UTC is on his revival.
The Phoenix is arisen and alive again !

But, In my honest opinion, the largest “callers” from the past are very quiet at this moment ...

Only a very select few community members are very active at this moment, they  give a lot positive input of ideas and plans and donate also financial contributions.
So this select group gives 100% help and input of ideas for the whole community.

UTC is there for and by its members and the community. We have to do it together. Onley then UTC can get big "again".

What I try to say to everybody, with all due respect, please give more input, ideas and help to the “interim” Dev-team where ever you can.

They need everybody’s help and enthusiasm to go on strong for UTC !  

Warm greetings,
Paul


…The more often we see the things around us - even the beautiful and wonderful things - the more they become invisible to us. That is why we have to open our eyes and don’t take this beautiful and wonderful things for granted in the beauty of this world….

Hi Roister

what I take from this is:

http://bitcoinist.net/interview-presstab-pos-vulnerabilities/

That if the UTC staking/timedrift parameter makes us vulnerable to a timewarp attack - we should get that code fixed by PressTab.  He is an expert in this area so it should be quite straightforward.

Other comments from tech community members please.

Thanks - usukan

Roister and Bob

To fix - I just contact coinmarket cap and advise them to change their link to the PressTab block explorer

This will fix their link and they will need to use updated data from PressTab API for their stats in the future - esp Available Supply which will affect market cap since I think coinmarket cap is under-reporting coin supply from the unsynced Ultrabex.

Cheers - usukan

Hi Usukan,

Nice one, looking forward to seeing how the 'dashboard' looks, tomorrow!

Just been looking over Presstab info...seems a clever sort! As you say, hope costs are reasonable, but would save so much aggro/hassle if we could afford to use him. Did make me wonder though, with his take on the 'timedrift parameter'...rather concerning. I wondered, would it be worth asking anyone on here who understands the technical issues, to discuss issues on here that need to be addressed BEFORE we ask Presstab to sort it out, so we have a consensus before we start. Think it will help to maintain unity further down the line if everyone has their say now...

Cheers,

Roister01

Good point there Bob...

Usukan, does the presstab deal sort that out, or is it something we need to do?
How would this be done?

Cheers,

Roister01

Hi Roister

some details on PressTab range of skills and specialities.

https://angel.co/presstab_crypto

http://bitcoinist.net/interview-presstab-pos-vulnerabilities/

Seems there are many coins that he has worked on successfully in a range of areas. Comes up on many coins and discussions on Google Search.  Fixing up the UTC wallet and re-targeting is directly within his key skill set areas - and hes a tried, tested and proven capability.  Trusted by many coins.

When I think back to all the time we have spent mucking around with devs learning on the job - when we could have just done things properly the first time - think were we could be now (usukan breaks out in cold sweat and shakes)

No going back on things - just we need to move forward one SOLID step at a time from this new starting point only a week ago.

I sure hope PressTabs costs are acceptable.

press also advises that the block explorer - rather the "Ultracoin Dashboard" should be up tomorrow.

Cheers - usukan

You would be rightfully annoyed if you had sold off from 300-600 recently

and I think the situation may become even more anguishing over the next few weeks and months for impatient sellers.....

But who knows (no doubt we will have a few problems along the way) - we need to deliver the goods and thats our undivided focus for now.

Of course the other thing that may propel UTC and other ALTs over the next few months are the troubles with BTC - many are thinking its best to be out of BTC for a while because its likely to drop significantly.  People are looking for places to go to get out of BTC.  Its a good time to present UTC as a viable alternative investment.                                                     

Cheers - usukan

Well, 0.001$ with a big amount of coins does change the market cap a lot

Nice one Usukan...

Obviously depends on cost, but option 2 sounds good going forward...fingers crossed it is within a reasonable price range...😃
Cheers,
Roister01

Update - diff re-target/wallet fixes

Progress towards wallet/re-target fix.

"press" at PressTab has advised that he can definitely assist us with this.  He is busy for the next week - but after that we can discuss options and costs in detail - and maybe start work if we can get the needed contributions from the community.

We may need somebody from the UTC community to answer any tech questions that press may have.

There are two scenarios that we need to consider:

1 - just fix the retarget for now OR
2 - Update the full wallet (UTC is fairly old code (read: ancient) and many optimizations and fixes that were implemented in BTC have never been ported over comment Fuzzbawls) and fix the retargetting.

Of course cost will be important - so I have asked press for costs on scenarios 1 & 2 so I can go back to the community for consensus and raise funds.

So by the end of the month we hope to have some solid progress on these fixes for UTC.

Cheers - usukan

Just to advise that I have moved the UTC Development funds to a more secure wallet (I don't trust phone wallets for more than $100 and never expected to have a surplus on this project funding)

The new BTC address for the UTC Dev Fund is:
1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ
https://blockchain.info/address/1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ

This address holds 0.3708192 BTC - which is the surplus mainly from Paul's donation and wtfc360 whose contribution was slightly over 0.089 BTC

I have refunded myself the value of the other contributions made to the project of approx 3 x 0.089 BTC ea equalling 75% of the project cost (since I paid the full cost of 0.356728 BTC to PressTab upfront). I have factored my contribution at 25%.
1Muph59SPMP61b5tyyLyK5W8Rnb6WNFrH7
https://blockchain.info/address/1Muph59SPMP61b5tyyLyK5W8Rnb6WNFrH7

Cheers - usukan


this is the accounting if you are interested:

UTC Dev Pot (BTC)   Transactions   note
      
Block Explorer cost   0.3567280   Paid by usukan 100% initially
      
PaulR1 contribution   0.4500000   from deposit
Roister01 contribution   0.0888000   from deposit
wtfc360 contribution   0.0997472   from deposit
usukan contribution   0.0890000   from initial PressTab purchase transaction
      
Total contributions   0.7275472   
      
Less costs - block explorer   0.3567280   
      
UTC Pot Surplus   0.3708192   sent to 1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ
      
Previous Balance in UTC Pot address   0.6385472   1GkVDYMvSoEEnG6NnM1KkLmdiy3aF9P44E
      
Less Pot Surplus   0.3708192   
      
usukan reimbursed 75%   0.2677280   1Muph59SPMP61b5tyyLyK5W8Rnb6WNFrH7
usukan contribution 25%   0.0890000   from initial purchase transaction
= Block Explorer cost 100%   0.3567280   cross check = correct