Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC!
Having offered my services to the UNO community for some time, I will leave these parting thoughts as I think it's almost my duty to warn new folks thinking of entering the UNO market. Please examine the "Orphans" chart on this site carefully:
https://chainz.cryptoid.info/uno/#!extraction
You can't have an exchange accept coins with ~20 confirmations and then have a >3000 block reorg. The exchange is going to remove your coin very quickly because if their deposits are reorged out of the chain they are left holding the bag.
Please don't use disinformation to claim that UNO is somehow not at fault, the writing was on the wall. It had been under >51% mining control for some time.
Best of luck everyone!
https://chainz.cryptoid.info/uno/#!extraction
You can't have an exchange accept coins with ~20 confirmations and then have a >3000 block reorg. The exchange is going to remove your coin very quickly because if their deposits are reorged out of the chain they are left holding the bag.
Please don't use disinformation to claim that UNO is somehow not at fault, the writing was on the wall. It had been under >51% mining control for some time.
Best of luck everyone!
"Orphans" & pool_Monopolies & laser_powered_hash_on_off
Are a systematic issue for all asic POW chains.
BTC and BCH and the like will suffer the same in time.
under >51% mining control
is the trend for all on the field
Nearly ever asic POW chain under the majors has hash difficulty lockups, regularly.
What follows are "Orphan" rapid minting once difficulty drops low.
It's a big issue. But for all asic POW chains.
An intelligent highend exchange would monitor difficulty, blocktimes, and adjust deposit/withdraw #confirms accordingly.
Best of luck everyone!
Word to the wise. When an exchange restricts and/or imposes withdraw limitations. Big redflag!
ps ... Rex has my account limited to 0.025 btc/day
system of control by aantonop
https://www.youtube.com/watch?v=FyK4P7ZdOK8
EXIT
Bittrex seems to be hating UNO. For all of the reasons aforementioned. Who knows the real reason. We may never know. The biggest thing now is moving ahead. Your analysis seems spot on.
Hopefully alt.market will remedy this for all POW blockchains. Time will tell.
0.025 btc/day is absolutely OUTRAGEOUS! I hope Bittrex crash and burns.