Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 753. (Read 1047035 times)

I agree, with one exception, do not merge with any existing coins, create new ones. IMO, blending UNO with existing coins only dilutes its value. UNO may not seem unique on the service but, it is, and it should always maintain its "personality". Remember, people tend to label things according to their peer relationships. If UNO is merged wit, lets say "XCOIN" then if the public sentiment turns against XCOIN, it also turns against UNO. This can also work the other way but, in reality, how many times does that happen? If we created a new coin to merge mine with UNO we would retain control of both and help protect their reputation and value.

It's a shame that everyone (almost) wants a quick return and doesn't have the patience for the long haul. It seems that if there is no new news in a 24hr period, people go dump their coins for a stupid low price and then complain about how the coin was a loss and no one supported it and don't buy it, etc, etc...

I know this comes from the "me, me, me" generation and total loss of self control in today's society but, I would hope that serious investors, and I know your here, would speak up and help calm the waters when needed as I hope I'm doing now. I hold UNO for the long term, mine occasionally and buy when price dips. I continue to do so and urge others to as well.

As far as bumping the price up, time will do that if we all keep UNO in the public eye. Mention the coin in conversation, on other forums (carefully!) introduce it to your friends, put in a "plug" to merchants, and so on. I don't believe we need a "full court press" as such things are short lived and not very useful. As already mentioned, work behind the scenes to get UNO accepted by mainstream entities, merchants, payment services and traded funds. This is where the money is...

RJF
 

I think implementing UNO merged mining is an attractive idea.

I'm glad you like the idea. I am continuing work on this, but work is very hectic for me right now.

If I chose to I could have these manufactured within a few days, but I know the project deserves more care and time in terms of the design than just reeling off a bunch of half-assed ingots. I have been mulling over ideas for the finish and there will likely be two different types of finish to choose from.

I don't think I would require crowd funding, the initial strikes would only total probably 100 and I imagine that the community would be happy to purchase most, if not all of these.

But, if the community would want more/cheaper strikes of the hard wallet or very specific requests, preordering or pre-specifying preferences would be helpful.

agree.


Yes.  This seems to be the consensus.  I would still not throw out the idea of a POS feature for security purposes only, but this would have to be a new feature not like the conventional POS and can not change the fundamentals of UNO.  Something that would allow a wide network of wallets to add an additional security layer, but there is a problem of giving rewards without change the fundamentals.  POS is something we should consider last-ly?  
 
Merged mining does not require altering UNO.  It requires altering existing coins to attach (add value) to the UNO network.  Or the creation of new coins designed to merge with the UNO network.  On terms of public education we should highlight the fact that the SHA256 asic backed network is in FACT more secure (more Hashes) than any other network and that the UNO network itself is among the top10 most secure.




STAGE ONE :: a great community, dedicated devs, solid coin algo, and a vision ^check
STAGE TWO:: create services ^{open issue}

services?  What is UNO?  

1.0.0  A store of value coin on a very secure network ^{(not a currency webmoney see Litecoin/Blackcoin/doge)}
1.0.1  A digital wealth management product [DWMP]
1.1.0  The second strongest SHA256 network ^{not the case right now but is the GOAL}
2.  A part of the digital asset economy traded with other SoV pairs (like NAUT/Deric)^{note each are on a different network}
3.  The 'hard' wallet idea is cool and will be a great way for non-techie people to buy UNO  
4.  ??

I would lay out:  informative website(s), blockchain website(s), stabilization fund(s),  ecosystem of coins, multiple non-exchange coin retailers, multiple DAC projects / crowd funding (starting with the above mentioned projects).

Should we look at forming LLC like Karma?

well guess I've just stated the obvious too  

If you love UNO, be sure to tip this motivated guy:

http://bitcoinmegaphone.com/13nenVsFW2KYBR5CoNPrmZNkUCskN57892/

One of the first posts ever on the soon to be world famous truly anonymous http://bitcoinmegaphone.com/ website!

Unobtanium is now available for mining on Multipool.us port 3353.

Here are the current pool stats:
https://www.multipool.us/stats.php?curr=uno

I don't think anyone is even considering that, don't worry! AFAIK the only changes that are coming anytime soon are consmetic and/or security related, as announced by Bryce and Blazr2.
Nobody here is a fan of PoS and merged mining is only a thought experiment at this point. There's no reason to rush anything, the rumors of the death of PoW coins have been greatly exaggerated.

Just look at KARM, a straight scrypt litecoin clone with too high initial inflation. Was dumped almost to death, has no "special features" or anything, but a great community, dedicated devs and a vision. Up 1000% over the past 2 months, not a pump and dump. And you know what? The coin is still dirt cheap! Why? They're creating an ecosystem around their coin. Instead of spending their time following trends and building useless anonymous chat clients and other bling bling into their wallet, they create services that have the potential to *really* bring their coin to the masses. They're quietly and almost unnoticed going to blow the doors wide open for anyone to get and use their coin. That is really the holy grail for any crypto IMO. If people have to use an exchange to get and/or use your coin you're doing it wrong. That means we're all doing it wrong right now.

I have no single shred of inside information, but Bryce often talks about creating an economy in the context of NAUT, Dirac and the Blake256 coins. An ecosystem of coins that can each fill specific economic needs. Maybe UNO can/will be a part of this ecosystem of coins. That could give UNO a long-term purpose and add lots of value.

That is the easy way out though, waiting for others to add to UNO's value for us. What we really need to do is create value ourselves. How? If I had the answer I wouldn't be playing Mr. Smarty Pants here. I'm just stating the obvious and hoping one of you smart ladies and gentlemen has a suggestion.

Exactly! Please, don't destroy this coin by changing it simply because others are doing it. I hold UNO in my "long term" column and mine/buy on a regular but not constant basis. There's a very old and time tested, and right to the point saying, I was taught as a child:

"Good things come to those who wait"

So, keep and eye on the hash rate, keep some miner time devoted to UNO, seek out projects to place UNO in the public eye, and wait...

Miners: Just rotate in and out of UNO pools, its easy. I keep one rig doing this for 6 coins I plan to hold, 4 hours each for each 24h period. This keeps a steady flow of coins and helps the hash rate. If you choose well, it will pay off in the future. My second rig goes to the more instantly profitable coins but even some of those are long term holds.

So, please, any changes made should be to public relations, advertising, awareness and other means of getting UNO noticed, not the coin itself...

Just my opinion, your mileage may vary... 

haha. ask me again when 1 uno is 500$
I'll probably do it then with no bounty

I'll give 30 UNO to the first person who gets a real UNO tatoo so I can live vicariously through you.  I wanted to, but my wife wouldn't let me ("If you're going to get a tatoo, why wouldn't you tatoo my name, instead of a stupid invisible coin! (I dozed off right about then)."  

Don't fake it! I can tell, probably.

 

 

   

Yes, that was good. It wasn't much UNO, however (seems to be only a couple of hundred uno).   But if someone wants to give it away, you may as well take it.

You guys are just being mean, though.  Look at those spreads! You're just letting the weaklings die.
It's funny to watch, but bad PR.

This is UNO Darwinism.

It's as though you know something the dumper's don't....

well that guy will have problems rebuying lower.

Thanks for clearing that up. That makes more sense that the numbers I remember from the old website.

Please don't let my comments get in the way of progress.  Consider them all JIMHO.

Same goes for the UNO funding of charities.  Just know it needs to happen when there is BUY SUPPORT.

Time to turn on the crazy:  

Yeah, let's have a ridiculously rare coin called UU for UltraUnobtanium or URU for UltraRefinedUnobtanium or UltraRoyalUnobtanium, to go with the "Zin-URU" phrase that scares the Reptilians away.  It will have a total of ONE coin, and it will be used for community voting for all UNO decisions.  Control URU and you control UNO.

/the silly

Hmm,...maybe a new coin could be purely for donations generation, either for UNO projects or better for charity purposes.  What isn't used is cancelled in some way, so it can't be used for profit other than for the charity.

A built-in Jubilee! (Debt forgiveness/money cancellation)  Once a year on the winter solstice, (for the end of the Northern Hemisphere growing season.)

I like the idea of a charity that supports local organic farmers.  It's free money for them, and would be distributed as widely as there is interest in qualified farms per criteria that would be set up for it.  =/<3% would be allowed for administration of the program, with =/>1% (of the 3%) for advertising and other public outreach.  All criteria, submissions, and awards will be public for this full disclosure project.

We could even do a crowdfunding to get started and buy at least 7 distributed mining contracts.    Think big and beneficient~!


(No, this is not a complete proposal.  Just a new, silly, creative idea I just had, and it doesn't make sense in it's current proposal form.)

Does only the charity admin mine the coin?  Then, there is nothing in it for UNO miners.

How is speculation profit avoided on the open market?  Because 'donors', (URU investors) want all of their donation value to go to the farmers, of course.

How do you get an exchange to add this one?

Is using a crypto superfluous to the charity effort?  (Since it adds 'friction', value losses.)

Is it traded for UNO, BTC, or directly to fiat?

It doesn't make sense at all.  Feel free to complete the idea or drop it.    

-------

Seriously, I don't think we need a new crypto.  Let's focus on Buy-and-hold for UNO, and adding real commerce to it, like precious metals (PM's).  If each of us asks a few PM dealers to accept UNO, eventually we will spurn commerce and very positive UNO traffic in both volume and value!!!

Coinpayments.net is probably the easiest way for a business to set it up.  PM's will rise by the end of this year, so get started now!

QRK was always a scam, one of Max Keiser's most dubious involvements in recent times, IMHO.  Thankfully, I'm pretty sure the processing algorithms won't mix.

Bingo.  The other 3-minute-coins are rather slim pickens.

Goat :: greatest of all time 6million coins, low rewards (alive?)
mea :: middle earth ... I like lord of the Rings but not with my UNO (mining is fair around 1TH)
orobit :: gold bit, 21million (btc clone?)

I think orobit is a good the better of the candidates, not sure if the dev is active.  Can to ask them to program the merge on their side?

Hence the thought that it is best to just create (copy known good working algos).  And let them float.

Yes, Miners will come given a strong value of UNO

But if the network is north of 20 TH/s most still won't be bothered because 0.001 coins split over 20 TH/s is not worth it.  And we need to aim for being the second strongest SHA256 network.  So the reality will be 0.001 coins split over 2000 TH/s

On these merged coins: "It doesn't need to directly relate to uno." Bingo again.  

It is just bonus feature, a plus for mining on the UNO network.  But   ... I think we have enough smarts among us that we can whip up some rather intelligent algos, that just might provide a good supporting cast to make UNOs star light shine even brighter.  

What is important is that the UNO network takes the lead in allowing merged mining.  Even if these are just clones, as a miner I'll take the launch bonus periods just to see if the coin matures into something of value.  If I already get UNO then it's a perk/bonus.


Ok. That works too.  But again the UNO network needs to take the lead in merged mining.  If we do I think new SHA coins will independently code themselves to be 3min and mergable. All SHA coins, even the lead dogs like Terra, are faced with a very big problem, the score is 90000 to 30, and new TH/s coming daily by the box, it means merge/pos or die.  

If we take the lead I think we will stay in the lead. Strong network plus a very valuable coin, causes a network/looping effect.    

The UNO community can accept/acknowledge them as we choose.


I like this.  Most SHA256s are in trouble and can FORK to 3mins if they want to live, but also many listed/traded SCRYPTS are in big trouble due to asics.  cpu-coins jump ship and come to the dark side  


In trouble, low reward and many coins = problem.  UNO at least in the short term can attract some TH/s given a slight price rise.  But zeta is stuck at 30sec cuz that's their thing.  

if we can show them that it works first, but that they are cpu and we'll have to prove that transition works on a smaller cpu community first.

They are quark, plus the dev team includes Digital and Argent-um.  So they'll lose face going SHA.  


I like this.  I really like this.  Both have strong market and mining support given NO dev.  Both are well time tested and cryptsy listed.  The communities may hold strong to their 45sec block speed BUT is that more important than survival?


I don't know.  Someone of a higher technical power needs to address this specifically.  From what I understand the mining pool is the key factor.  The coins just are coded to allow merged mining.  Example.  the pool hashes UNO first and foremost and then any extra juice can be granted to mining other blockchains in a programmed order.  You could mine in a pool that mines UNO only, or you could mine in a pool that mines UNO and 6 other coins.  

  

strong/secure network  

My 2bits.  Yes my hope is that price alone brings mining power.  But there is also safety in numbers.  In this case the more the merrier.

do we need a new coin for merged mining (duo-idea)? I think possibly not, but if there are no good enough 3-minute-coins out there one could launch such a new 3-minute-coin as a test. If it can stand on its own we could merged mine it later. If it fails, no problem and we forget it again. It doesn't need to directly relate to uno. It only needs to be good and fill real demand.

Our problem could be to find a good enough coin to put to the side of uno. Goat, mea, orobit are all dead and abandoned coins. Good idea to bring them back with the merged mining? Who wants those? Ideally we should have another coin that is actively traded and stands on its own to merge it.

to put it short:
-if merged with an existing coin: don't let it be a dead/anbandoned/shitcoin with no community
-if new coin because we can't find a good enough existing coin: let the new coin live on its own for a few months and see if it can stand before merging it. It needs to be good and fill real demand

Another idea could be to hardfork a coin with good perspectives out there with active community to make it fit for merging with uno. How is quark doing these days? I thought i read something they wanted to change a couple of things to get more hashrate. I have no idea about coding though. Is it possible to merge with cpu-coins like qrk?
How's Zetacoin doing?
what about netcoin? maybe they want fork to 3-minutes sha to secure their network? Securecoin possible? Maybe joulecoin wants to change blocktime to 3 minutes?  Tigercoin could be made to fit if dev is still around?  Is that something or will it result in clusterfuck? If i understand right there is no limit for coins to be merged, right? We could invite active coins to adjust themselves to fit uno? Can be more than only one coin?
Merged mining doesn't mean by necessity to have that other coin strongly associated with uno, right?

just some random ideas. Let's not rush things and do the best possible. I am basically on the same page with benefactor and FK.  

if prices for uno rise a lot over next few months and can be sustained we possibly don't even need to care so much about it. Let's see how much money the next altcoin-bullmarket flushes in maybe the topic becomes obsolete if that is a lot. That could also happen.

Anyway: good to be ahead of the curve.

happy miners = strong/secure network = happy longterm investors

probably best just to stop selling it under value
Let's build some more buysupport.
I am personally looking to exit a few other coins over next few weeks/months so there will be some of my btc free to support uno some more later on.