Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 97. (Read 381003 times)

Thanks Paul - yes things are starting to fire up - but its early days yet.

Probably the two immediate needs are to update the website and the lead page on this forum.  We seem to have the available community skills to handle this.

How do you want to handle passing over the access User/PW for these resources?  Do you want to send via PM to me?

Cheers - usukan

Interesting - thank you Google Translate

Might be worth a try - but think its best we get our foundations sorted and vol on Bittrex up before we dilute to any other exhanges.

I find the Chinese language personally challenging but its not a market that we can ignore.  We will need a Chinese member perhaps if we try and list on this exchange in the future.

I have a watching brief on Yuanbaohui.com

Thanks funsponge - how did you find this?  Are you Chinese?

Cheers - usukan

Thanks Uggle - time is coming to shine that miner up!

Hi whortonda - thanks for this heads up

I think it follows from your offer that we should welcome you as a UTC Co-developer.

If you had a stab at the code we could get it reviewed perhaps by another community member/s and a few are available I think for testing. 

Alternatively if someone steps up with the target skills here we might have them make the changes. 

In the present absence of other confirmed dev or devs - I would ask if you could have a stab at it and then come back to the community for comment.

We will get the access details from Paul - the UTC website needs a serious update.  This may be more in your expertise?  Emerge has also offered assistance here.
At some stage I will go through and list the edits required on the site.

I think we have a comeback in progress - its just a matter of patience and community effort.

Thanks for your support and the community is right behind you

Cheers - usukan

thank you kindly bitmaster1x

Cheers - usukan

Hi Emerge

Its a given now I think that you have community support in this.

Please go ahead and lead the development of these Ultracoin based apps.

If you have tech questions - bring them back to the community and we will try and solve or get somebody to discuss with you directly.

As I understand - the Android app is first off the rank.  This will be a great advance.

Yes - this blockchain bloat has been a problem that has cropped up a few times in the past.  Its hard to have speed without frequent and many blocks.  The fixes as far as I understand are quite complex and we dont have time or resources for that now.

At the end of the day - we have to live with a big and fast growing blockchain.  This will make Qt wallet syncing slow (but we have a bootstrap - http://cryptochainer.com/dir/) and memory hungry - but its actually not much worse than many other coins with fast blocks. For your apps it will be a drain on your hosting resources - but the end users of the lite apps won't suffer anything from what I understand.

I think we need to focus on small steps otherwise we will get bogged down.  We need to have realistic projects that get completed - then move on - one step at a time.
I don't want UTC to get back to chasing big picture dreams while not having the proper foundations in place.  Last year practically no progress was made on the list that was put up.

Slowly but surely mostly wins the game.

Again thanks for your support and offer to take on this role.

I know I speak from the whole community in welcoming you on board the UTC ship - we look forward to some great works together.

Sincere thanks from everyone here.

Cheers - usukan

Well - I leave for a few hours and come back to this!

So many positive developments in the community.

If I had to pick one thing to measure our progress and community support - it has to be the market support.  It has returned in strength.

Sure its early days - hell we have only been on this resurrection drive for a couple of days - but things are taking shape nicely.

To summarise the market situation:

6 weeks ago UTC was trading down at 166-250
1 week ago we were in the 350 range
Today we are in the 600 range

The % increase in prices is quite astounding!

The community deserves strong praise for the courage and risk taken to support UTC.

Shout out to all supporters and especially that large order at 566 which must have started at over 140k.

Dont let us get put off by some large sells - there are a lot of big bags out there held by some with minimal patience or genuine immediate needs. There will be some dumps (and it looks like there was just one for just over 60k UTC).

You might be saying to yourself that its already too expensive to buy UTC.  Yeah thats what the guy thought when he was buying at 350 and it had been 166-250 a few weeks before.  Whats he thinking now at 600?  Somebody bought up about 150k at 450 - that must have taken a bit of courage when the bids were probably 300-350?  I know what hes thinking now.

Supporting UTC by investing is high risk thats for sure - but with risk comes potential for quite handsome reward - OR loss.  Only invest what you can afford to lose but celebrate your gain when UTC pushes up.

If we all do our jobs well - there is a very good chance that 600 and even 1000 will be peanuts in the medium to long term.

I will restate some goals on price - this is really the only benchmark we have for overall progress (these are only arbitrary - but you will get the idea).

Target 1 - 0.00001/1000 (coin has been resuscitated)
Target 2 - 0.00005/5000 (UTC is back in business and we need to set in stone our vision and start work towards tailoring UTC to this)
Target 3 - 0.0001/10,000 (Time for some serious development and roll out UTC into our chosen real world use areas)
Target 4 - 0.001/100,000 (Its working - take your rewards for all your work and risk - then get ready for a new vision that we apply to expand)

We are sailing well towards the first mark of 1000

Over the next few days we will put some projects in place and with continued community support we will crack that 1000.

Put your drinks in the cooler.

The journey has begun.

EDIT - I see we have a few rats coming out of the woodwork and jumping ship on Bittrex - we'll sail faster without them.  Besides - where are the trolls - when they arrive here we know we are doing well.

And please dont forget this, becous UTC needs also professional marketing after the homework job and the coding job is done  :

WOW... Wow... and wow !!!

Do you all see what is happening

ULTRACOIN FOR THE COMMUNITY  =  ULTRACOIN FROM THE COMMUNITY !

I am so happy to see what is going on .....

The UTC community wakes up and starts working together as (dev) partners.

This is very special to see.....a very first altcoin for the community and from the community !

I want to thank everybody.

Please don’t stop working and discussing together !

UTC can get back in the top 50 on CoinMarketCap if we keep working together.

Special thanks (at this moment) to.....

> Usukan (very special thanks for his outstanding coordinating and "leading" role)
> Alenevaa
> Beave162
> Uggle
> Valpe
> Whortonda
> Marnie1976
> Emerge
> Thispanda
> Bathrobehero
> Funsponge
> Roister01
> Grim
> Sambiohazard
> Bobdoergas
> Bret

If i forget someone to mention here please be not offended.

Warm greetings to all,
Paul.

Miner here ready to put that HW to good use when the time comes! Let's push this coin out of the dust!

@usukan --

I'm a web developer, so I'm accustomed to markup and scripting languages that don't compile.  I'm not really experienced with the build process, and I don't have experience with C++.  I can read the source and get an idea of what it's doing, but writing it is a different story.

For that reason, I don't really feel that I'm qualified to be in a full developer role, but I would be happy to help in any way I can.  I do feel like reverting the retargeting to V3 should be pretty trivial-- all the old code is still in the source, and it should just be a matter of reviewing and updating references.  I could even take a stab at it, but compiling and testing would be a learning process for me.  I would also be happy to take a look at the updated source once changes are made.

I mined UTC when it was Nf15 and Nf16 as well, and I don't remember any major retargeting issues.  Would love to see this coin make a comeback!

What about this exchange https://www.yuanbaohui.com/ ?

Not many western coins and large volumes on all coins?

No, the bloating can't be fixed. Due to fast transactions, Ultracoin is very prone to bloating
Might either be a problem now, or a problem sooner or later. Not sure if there is a fix, but I think it will take a while for it
to be an actual big problem. For now we can still work with it.

Great to see some activity!
Did Steven have a "pot of UTC" for marketing etc that we all donated to him? I can't remember . . .

Emerge - u r my new favourite person!

Is this 'bloating' a huge problem? Can it be fixed? Is this why the old team left maybe? As a none technical person I don't know

I'm willing to head a project with a few volunteer developers including myself to ease development of UltraCoin based Apps...

I'll just need support of a few devs and the community

There's one big problem that makes this very hard, the bloating of the blockchain..

Great - thanks for helping us narrow down this problem.

Looks like back to V3 diff

Cheers - usukan

I was mining UTC from Nov-Dec 2014 to Aug 2015 and never had any trouble with diff or pools back then. I stopped after the official pool started having trouble with payout & showing blocks mined. After than everything went downhill. I mined on NF14, NF15 & for sometime NF16. Everything worked very well back then until Steven & Kracko got greedy and thought reverting cutting block reward will pump the coin & give them a smooth exit while they leave everyone holding the bag. They must have seen the problems coming. Instead they should have asked the community to take over and leave gracefully.

I would also say that price will be hard to control until diff is fixed as miners exploiting this bug will keep dumping on each price rise. Good to see community effort here

Sure, always glad to help. We can bring UTC back up to it's feet in time, don't worry

@ Emerge

actually Bleutrade looks good - its small exchange but growing strongly.

https://cryptocointalk.com/topic/9341-bleutrade-cryptocurrency-exchange-official-thread/
interesting analysis of the bots


The Bleutrade Share is very interesting.
https://bleutrade.com/help/bleutrade-share
https://bleutrade.com/exchange/BLEU/BTC

I have a watching brief on Bleutrade - thanks for the tip.

Cheers - usukan

Thanks Emerge - have heard about Bleutrade but never really checked it out.  I will have a closer look.

Please do not misunderstand me - I would only suggest we add another exchange after we have our foundations sorted - and we have a lot more volume to spread.

Your contributions greatly appreciated.

Cheers - usukan