Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched
by
LHM
on 01/03/2014, 09:56:57 UTC
Bumface, as I'm no longer sure you technically know your coin, please bring Ziggy to answer these questions:

1) What is the idea behind so quick changes of nfactor. We do not have asics yes, this makes only confusion. Is it possible to change it? Are you willing to do that?
2) If I understand PoS well, it will fire after year. Again, what is the reason? Wouldn't it be more attractive to have monthly PoS? Is it possible to change it? Are you willing to do that?

If anything from above is part of the strategy of this coin, I'm ok with it. But please confirm it. Btw I'm not troll, I'm mining from the beginning and I'm bagholder from 90, 70, 50 and 25.

I can help a bit with the N-Factor, it is the "standard" timing for scrypt-jane coins that have been made. It could be changed, however a custom miner and or custom patch for cgminer, cudaminer, and any cpu miner from other coins that happen to work because their start time is close enough to ours. As for how the original timing for scrypt-jane N-factor changes was done, nobody knows other than the person that did it. The following blog post describes this fairly well http://www.holynerdvana.com/2014/02/everything-you-wanted-to-know-about.html