Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 735. (Read 1047035 times)

Re: [UNO] Unobtanium physicals

_{Small Clarification}

There are two parts at play.  And should be considered separated.

Part One : funding the design and first run ($cash sponsorship/investment/backing)  = the pre-buy project

This means a designer, minting production, and retail platform.  

Calling ... bigtimespaghetti ... Anarcoins

Part Two : underwriting (UNO backing)  = the insurance project

This means that the Un preloaded is solidly backed.  Think 'insured'.  This requires transparency of the production plus other parties acting to refund in case of breach of the contract implied in the physical kgs of UNO.

part 3 ... Casascius Bitcoin Analyzer (some useful tool like that) ... reports opened/claimed and active coins
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Casascius Bitcoins are backed by just the 'full faith and credit' in Casascius the person.  One point of failure.

I am suggesting going to an even more strong standing, backed by faith and credentials of both the producers and another party the insurers.  So 1kg UNO physical can be verified by checking the address on it, plus the another address of the underwriter.  So it is basically double backed.  And if it is minted in silver, triple backed.

A true premier asset.

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I also am interested in exploring multi-sigs as another layer of security.

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Small steps first.  I am thinking the big picture / long term goal.  If we can just get a 1st run of UNO physical done, all is good.  But we should aim to evolve into having super secure UNO physical, so to offer the best possible product on every level.

We're game to help, have no spare Un to donate but whatever we can assist with, we're in.

how many kg of Un do you think should be preloaded onto each silver bar?

Hmm, what happened to bigtimespaghetti's physical UNO project?

So we use startjoin.com as the escrow to kickstart this?
Or just do an internal escrow?  
Some group (not someone) needs to act as guarantor that the coin private keys are secured.

My suggestion is that that group is us here.  Blaze, Knife, Coinweaver you game for this concept?  I am willing to pledge UNOs to underwrite UN physicals if the production is lead/reviewed/endorsed by a collective of BCT members.

other things
crypto 'bank' notes >> https://coldcrypto.com/
commodity backed >> https://www.coinaaa.com/what-is-coinaaa-and-how-does-it-work/

ps .. I like a square verses a round

alts are sooo cheap right now. Un didn't loose as much as other alts did during last months. Un is holding incredibly strong. We have really strong hands here. This coin is so going to the moon once altcoin-markets recover from the shock of new coins. Un will be one of the few really outstanding coins.

I like trading on MP, too.  A big chasm has opened up there.  Buyers & sellers have to cross over a long way to get what they want. Buyers sit back and wait for sellers to dump, and sellers sit back and wait for buyers.   It's a standoff at Mintyland right now.

Ok... i see now, learnerminer had mentioned a double-spend precautionary...
I had never sent UNO to Mintpal before, only BTC... so I wasn't sure if this was normal or not haha
Protecting our Un is most important, I guess I expect more from these exchanges as far as informing people of...things. When I go t bed I don't like to have coins not confirmed. 
 
Anyways, I do really like trading UNO on Mintpal and as soon as they get their act together I will resume trading their.

Yes, they told me it is because of the fork. It looked like a double spend attack to their admins, who take no chances. I'll try to educate them (again) on what's going on. I'm glad they move to protect UNO when they sense anything out of the ordinary. Hopefully it will be cleared up soon.

Thats ridiculous. is it because of the recent fork? I was trying to get coins out of cryptsy to mintpal and it took all night. I will not be sending anymore to mintpal for now because of this.  I wish I would have known before I sent them I hate how exchanges don't tell us anything. Cryptsy didn't even tweet about UNO going down when they had that issue last week. Didn't even give us an update or anything. For days. They just leave us hanging. It is really starting to piss me off.

Did you see this startjoin project for physical maxcoin on silver bullion?  
UNO was made for this.  I'd love to own some of these denominated in Unobtanium.

https://www.startjoin.com/maxcoinsilver

Good low risk way to do this, letting people pre-buy.

Wonder if bigtimespaghetti is still working on this?

reddcoin takes 1000confirms at cryptsy and bittrex and a staggering 2000 confirms at poloniex - that is 2 days for a deposit in reddcoin. Can only shake my head.

I've seen that for several coins lately. A precautionary measure against double-spend attacks I guess.

Does it really take 200 confirmations to deposit Un onto Mintpal? 

Since KGW was implemented at block 450k, nearly 1 ton less Uno was generated and sold on the markets.

Yes, the forking has been painful. Despite efforts to reach as many people as we could, we were unable to reach everyone with the message to upgrade to 0.9.5. Lots of reasons for that... some pools we didn't know about, some were sent messages but didn't get them,  web forms were broken, emails bounced, support chatrooms were unmanned... etc. I even hired a clown to deliver the message, but still... not everyone got it in time. I regret that, because we didn't want anyone to have problems.  But many people did get the message, and 0.9.5 firmly powers the network now.

I wanted to test the network today, so I removed all maxconnections and addnodes limitations. I'm taking connections from anyone, on any wallet.  The majority of my peers are solidly 0.9.5 but probably 20-25% are still old wallets.  You can check this yourself by going to your UNO Wallet Console and typing "getpeerinfo". That will return a list of everyone you're connected to. You can also see the version of the wallet they are running and their "height," or the block that they are on.  Here's a shot of my getpeerinfo against Cryptexplorer's Uno block explorer.



Old clients on the network have galloped off into the sunset.  This poor guy is already out to block 470357. Do the math, and you'll see that since the return to 3 minute blocks, there is nearly 1 ton less of UNO on the market:  941.005 less Un, to be precise.

Some of these old wallets may never update.  I've even tried visiting some of these IP addresses directly. I've discovered a ghosttown of old abandoned mining pools, even an abandoned crypto exchange in Germany, still running their old UNO wallets.  Coinex probably is still running one.  An upcoming wallet update will automatically drop connections from these old non-Kgw wallets, squeezing them out entirely, according to BW. Blazr's already coded it and an update service to alert wallet users.

I hope everything is as stable for you now as it is for me.  If your 0.9.5 wallet seems to have trouble syncing, try closing it and then re-open.  That will usually correct the issue without re-downloading the entire blockchain.  If you wonder which block your wallet is on, go to UNO's Console>Information and you can find it there. Check against Cyptexplorer for agreement if you think you should, but for those of us on 0.9.5, there shouldn't be many problems going forward.

Thanks for hanging in there. As a result of KGW and returning to 3 minute blocks, UNO is stronger, and even more rare.  We can use these old wallets as a barometer to see how much less height the blockchain has, and how much less Un is available today than would be if the rapid blocks had continued.  

The Coinex dumping is over, and already less uno on the market, making me optimistic that Uno will soon be headed in the right direction.

I restarted the daemon and everything seems to be back to normal..

Weird..

Excuse me if this doesn't help you, I haven't run the daemon independently yet. But isn't the wallet just a UI built on top of the daemon? Anyway, for what its worth: the Windows 0.9.5 wallet uses 0.0% of CPU pretty much all the time. The only spikes are during startup and when I make a transaction, but it always quickly settles back down to 0.0%.

I guess you run your own linux build? Anyone else here can confirm this?

Anyone else notice the unobtanium daemon has become quite cpu hungry lately?

On one of my servers I just noticed CPU usage for unobtaniumd does not go below 50% (actually runs between 50% - 80% all the time), most other coins on the same server sitting at a couple of percent maximum most of the time (POS coins tend to spike in CPU usage for a few seconds but otherwise also sit very low usually).

Hi,

I moved my pool (https://www2.coinmine.pl/un/) to shorter chain and now its in sync with block explorer.

Unfortunately due to the fork all recent blocks are orphaned so I had to delete them completely from DB (otherwise new blocks will fail to be inserted) and also reduced user balance by half - otherwise pool would loose 500 UNOs. I also donated 80% of my private coins to the pool to fill in the gap.

Lets hope there will be no more forks here

feeleep

https://www.miningpool.co currently on block 455331

I take it that is the correct chain?