Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
derBruchpilotPro
on 01/07/2014, 08:01:51 UTC
Hi all!

Long time since my last post here... but I had always an eye on UTC and I have now more UTC than ever (unfortunately cause its cheap now).

Things are moving much faster than it was predictable at UTC start, sooo much shitcoins out there and we see the BTC floating from one coin to another, I think there are not much (not enough) new BTC flowing into the Altcoin scene to keep a coin-value UP.
Rat4 leaned this lesson and started Blackcoin as a full POS coin, but now ALL other new coins doing the same...

IMHO (almost) all mineable coins got milked for buying PoS coins, one big advantage of UTC is here that it uses Scrypt-Jane/Chacha which prevents the coin being raped by multipools, but this also make it harder to find new miners. (low diff, low price)

We're at a selection stage in the coin evolution, I don't know how long PoW coins can survive without a MAJOR-super-feature or whatever gimmick.

Too much has happened since January, I think UTC has to move to full PoS, better sooner than later.
I don't know if its possible to use the full PoS with 6s Blocktime but this should be tested.