Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched
by
CryptoCthulhu
on 01/03/2014, 11:28:00 UTC
1) What is the idea behind so quick changes of nfactor. We do not have asics yet, 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?

1) Scrypt-Jane unlike regular Scrypt has a changing NFactor over time .  This basically means you get a lower hash rate and require more RAM over time.  It can't really be changed as it is part of the coins initial design.  When you design an Scrypt-Jane coin you define Start time and the initial NFactor.  The schedule is now on the first page of this thread.

With UTC it started with nFactor 4.  From the code:

Code:
minNfactor = 4
nChainStartTime = 1388361600 // This is Mon, 30 Dec 2013 00:00:00 GMT

2) Again this is by design.

From the code:

Code:
nStakeMinAge = 60 * 60 * 24 * 365; // This is 1 year is seconds for minimum PoS

NOW, to make any changes to initial settings is quite difficult.  It requires forking the code.  This is difficult as it requires coordination amongst parties so that every has an up to date UTC client PRIOR to any changes kicking off.

Did this information help?

Tip me: UWFtWk8caVDei8vCdMVuknFuTwsvn34Vex


Thanks for your explanation. Now I understand that change of this parameters is probably not going to happen. So I'll continue to mine and hope that everything will pay off at the end.
Small tip sent.