Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 694. (Read 1047042 times)

Hi sirsmokesalot,

Yes, I love a good blockchain mystery. It all seems to fit together pretty well.

Cryptsy used to store Uno in individual wallets, so when you did a withdrawal you would sometimes get multiple inputs from many small wallets.
Now they have changed things by putting most of their Uno holdings into a huge cold storage wallet, and having smaller hot wallet that that moves every transaction. When you withdraw, now the only input is from that hot wallet (which changes its address with every withdrawal).

I'm not 100% comfortable with having nearly 30% of uno stashed in one big wallet. We saw how that went down at Coinex. Cryptsy is no Coinex, but now there's only one private key to be stolen or lost instead of many. Maybe this is crypto-security best practice now-- I don't know.

I updated my original post to include a new observation: no network fees are being paid for processing these large transactions which include moving the hotwallet each time. I don't know how that works, exactly. I think the size of the transaction is made up of many inputs; if you move  2k uno but it is comprised of 500 small transactions, the "cost" of moving that 2k uno is high, but the next time that 2k is moved the cost is less, since now it's just one 2k Uno input.  So maybe how this works is when cryptsy moves 2k uno there is no network fee because of this.  Maybe Blazr or someone more versed can shed light on how those network fees are determined.

You're most welcome, thats a nice stash of Un too! If you feel like sending ol'Blazr2 a couple for the effort, my addy's in my signature

Yeah, my detective work points to the fact that there are a ton of people storing UNO on Cryptsy, or they have a ton for some reason...

Thanks for the detective work! I have tried to poke around but didn't understand what they were doing. What you put forth makes a lot of sense.

Thanks for pushing it forward. It's been a long time coming. BW mentioned confirmed he is working with a Blocktech programmer who is building Mac wallets for all blocktech.com supported coins including Uno.  They are going to be certified (is that the right term?) with Apple so that it's easier to install as a Mac app, but there has been a delay in finishing them.

Added Blazr's new Mac wallet to the OP. Here's the Virus Total report's clean bill of health:
https://www.virustotal.com/en/url/a8627dd105631750eed2b511630a76024a197e7970bd9e808463ec791cd91936/analysis/1408737576/

It's been a sore spot for the community for a long time.  Much appreciated!

Awesome, got it, and thank you so much!

Also, thank you so much for creating Un/UNO, and then staying on top of it to bootl!

I've now got a little over 1300 UNOs, and have been mining as well (may give up in October, LOL), it's the only "alt-coin" that has excited me to date.

Jelks

Here's an updated Mac-Qt build, compiled on Mavericks:

https://www.dropbox.com/s/xdzoy3gpxpff9vh/Unobtanium-0.9.5.9-Mac.dmg

Please let us know how it works--its based on the 0.9.5.9 pull we've sent off to BW that may or may never happen, ha.

These are all great ideas for the private exchange!

One thing that I had thought of, once we establish someone within the trust network, would those involved in the exchange be open to possibly accepting various methods of payment aside from other crypto:

-Gift Cards
-Green dot cards
-Precious metals
-Skrill
-PayPal
-Amazon Pay
-etc.

I know it gets away from the anonymity factor to some degree on some of the methods of payment, however, it may be of interest for some people?

welcome to all the new Un'rs  

--p2p

IMZ ... ‘packets’ of 25 or 50 or 100 UNO ... Can we have 1,10,25,50,100 packets?

Also the price independence from BTC, it may take a while to get there, but YES we need to act on this idea!

Uno already has a friendly NAUT pairing, my suggestion, that we try to pair up with other rare/fair/strongcommunity coins.

We don't need a lot of action on these pairings, just so that we all can make trades without having to go BTC.

--auctions

Unbreakable coin has an auction service on their website, maza, and dev do also.  We also should look to this idea.  We can use their auction/ebay platform first to see.  Can do 50,100 packets.  The rare/fair/strongcommunity coins can have joint promotion bimonthly big packets only auctions.  If it works then maybe UNO can build up a 'Southerby's' auction house service on one of our main sites.  

--exchanges

With the recent Cryptsy & Mintpal problems, gave me an idea.  It seems that you all favor bittrex as the main ex.  I think we might find better 'service' with coinbroker or allcrypt as we could easily become their 'main' coin.  But time will tell us which and why so no rush to make a hard rule.  Just a 'soft' rule.  

May I suggest the following:

cryptsy is for 1gram trading (let the bots run that show)
mint is for 10gram trading
coinbroker for 100gram trading
bittrex is for +1kg trading  
P2P will be for the big stuff

We'll build a new version for you with the testnet and alerts fixes we pushed to Weener's github. Seems he's lost interest in Un, but we're still in for client updates. Watch for an updated Mac-Qt shortly.

I am with confident holding my nearly 1K UNO  

This is one of the very few coins that is worth holding. I have lost probably 3 to 5 btc due to shitty scamcoins this year. It sucks.

I like the atmosphere here, it's so friendly, a lot helpful people here ready to help.

Cheers.  

so i was mailing to bittrex for the slot. They want 3 btc for a week on the dashboard, also depending on demand.
I think quite a high price. But could be had if people wanted it and would donate to it. Up to you, i guess.

Rebuilt an old PC last night, downloaded the 0.9.5 Unobtanium client for Windows, switched off the internet to buy myself time, launched the client, used importprivkey in console and closed client. Switched on internet and relaunched client which pulled down the Unobtanium blockchain in about 90mins and.. KERCHING... my absent 20 UNO transaction has appeared (3.1/2  weeks later). 

Interestingly the client recognised my computer clock was wrong which I reset and the client appeared to start again with the blockchain.


So, thank you to everyone for their support. 


I'd still like to sort my Mac Unobtanium client out as all my other clients (6) I are fine on Mac. Maybe need to wait for a new version?

Just note that most QT wallets will make a new address (and matching private key) to send change back to if an unspent output it uses for a transaction is larger than the amount being sent. So it is a good idea to take a snapshot of your wallet.dat occasionally. As a good practice it might be a good idea to store most of your funds in a single wallet.dat, back it up and remove it, then have a second "hot" wallet.dat that you use for day-to-day transactions that wouldn't be a disaster if lost...

I've noticed that there has been a large amount of Uno moving through the blockchain, so I decided to test the idea that the uRAN wallet is Cryptsy's.
Remember a week ago or so they split off about 5k UNO from the main wallet into what was (for awhile) the #2 wallet in size.   And then a couple of days ago, the Uno from that #2 wallet began moving through the block chain.

I was messing around today with Cryptsy and here's a transaction where I withdrew 11.111111 Uno:

http://cryptexplorer.com/block/0000000000001601e68308ade07753101fbb22372f60781ec63ef2f349ca5035

You can follow the inputs and outputs quite easily on CryptExplorer.

What does this all mean?  It shows that every time someone does a withdrawal, Cryptsy will not send just the withdrawn amount. Instead, they create at least 2 transactions in each block: the first transaction moves their entire Hot wallet (less the withdrawn amount) to a new address, and the second transaction in the amount of the withdrawn Uno is sent to the person who initiated the withdrawal.

In the link above, you can watch this happen; I can confirm that the 11.11111 Uno in that transaction was my withdrawal from Cryptsy.

I don't know why Cryptsy wants to move the entire hot wallet in the blockchain for each transaction. I guess Big Vern has his reasons, and maybe the fees will help the miners [update: just noticed that there are never any fees paid to miner for processing these large transactions, even though a network fee is charged by Cryptsy to the person requesting the withdrawal].

You can watch their hot wallet move through the blockchain, getting smaller and smaller, and each time the remainder of the hotwalelt is moved to a fresh address.

Block         Uno
476557     2,059
476597     2,038
476602     2,003   and so on.

I assume that when this hot wallet is depleted, then Cryptsy will split off another chunk of the cold wallet and the process will continue.

3 UNO sent. This is not a giveaway. This is the first step of a project to make Unobtanium's community unique.

"Both investors and foreign governments have begun to lose confidence in the dollar’s future… and so has Amagi Metals. Thus, Amagi has planned that, by the end of 2016, the company will no longer accept US dollars or other ‘fiat’ currencies. Instead, Amagi plans to be trading exclusively in cryptocurrencies like bitcoin.” Coindesk today: aritcle on Amagi Metals.

Advice, please: which BTC price index should we use? (I use BTCE, but only as a habit).

M.

No, they are stored on the blockchain. Think of the wallet as the key to your vault, the .dat file has your private keys in it and can move around with you. The blockchain keeps track of all your tx's, not the wallet. So when the network synchs up, it simply assigns all tx's in the blockchain that match your keys to you. You can easily export the private key from your wallet, memorize it, come back in 50 years, punch it in to an Un vault and poof all your coins and transactions will be there!

I could use some UNO. I recently lost my job and had to move in with my sister. My son just graduated from high school and im struggling to pay for his first year in college.  

uKXcp1SxWHUCDoC5jVcABxWg8zaUdVHMpJ

Un-Ex is in soft opening.

http://indiamikezulu.com.au/420/unobtainium-in-house-exchange

3 UNO to the first person to post their wallet address.

Please help me hammer this project into shape. There is a very great deal I need to learn. Physical bullion should be available to Australians within six weeks.

Mark (IndiaMikeZulu)

Welcome, Jelks, and keep asking: I am at exactly this stage, learning to back up wallets to a USB.

Mark (IndiaMikeZulu), Australia