We have two UTC pools.
This pools have pool fee to help the dev team to pay for some costs.
So always good to mine at one of them.

But it is also good to mine at Nitro2... we want and need everybody to spread the hash ...

Is this for real?!?!? I mean, seriously...... complete GARBAGE. No wonder UTC gets such a bad rep. Myself, and everyone else, had better be getting payouts for nearly a week of 100% hashing at the multipool, or I see little reason not to propagate the horrible rep that UTC so appropriately deserves. I give UTC a chance, and this is the result..... pitiful.

IMHO ebay prices are drastically over priced. Shop around.

Dude dont start to be agressive, I was in utc way before(at least I dont remember you back from february). Notice the question mark at the end of the statement?

If the asics are not here mining utc or multipool or helping the coin in any way then he took off in my eyes.
Also where are the new devs, no communication from them since friday?

From what I understnd bumface took off with ipo money and now everything is in disarray?

Ok, here is what I did

Had 1 utc sent from cryptsy to my wallet..and it went through, shows in the chain and works flawlessly. So I must be in the right chain..otherwise that would not have worked.
After that I sent the same 1 utc back to cryptsy..and guess what? The transaction is nowhere to be found in the chain and the coin is simply lost.

http://ultracha.in/tx/ae28de5be88917f8cd7e9e2c183047a500f7bc3351bb95daf54904914104a2fb

This is the tx id after sending it back..it wont show in the chain and of course, will not be credited on cryptsy.

c0d16bb8458afe9d2ebd1e31c9fe7fc2eec242d07a617d4a8008bc28497eaa09

Simply put: I am synced with the correct blockchain, can get utc sent to my wallet with no issues whatsoever...but sending them seems to be the problem. I guess one cannot "partially fork" so I am at a loss here. I even erased the wallet and re downloaded everything to no avail.

Update from MintPal

As it stands at the moment the following applies:
1) blah blah blah about Vericoin

2) We are currently processing withdrawals for all other coins.

As I'm sure you will appreciate, our support channels will most likely be very busy over the coming hours/days so please bear with us.

I strongly believe that we as a community should stick together, one way of doing this is following each other on social media my Twitter is @Myththegod please follow me if you have anything to do with Ultracoin I will follow back. No negative people only people who believe in this coin as I still do.

Note that your wallet is not encrypted - that's usually a good idea so you dont lose your coins

Staked coins must wait 520 blocks before they can return to balance and be spent. When you generated this proof-of-stake block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, it will change to "not accepted" and not be a valid stake. This may occasionally happen if another node generates a proof-of-stake block within a few seconds of yours.

when the minecraft thing is made is there a minecraft website/forum where we can tell the users about it? create a bit of a storm? Hopefully this will make UTC attractive to buyers again and make people want to buy some. Currently this week we are only getting £300 per day in volume. So body wants to buy UTC so we need to be "sexy" again.

If we make a huge fuzz about it hopefully we can get $100k in volumes again

http://ultra2.nitro.org/
Is working perfectly!!!
I've maxed out and I'm hardly reaching 1,4MH/s! All my other rigs are rented.  

btw no need to thank me, I am trying to support the coin, in the face of some bumfaces that called me a troll and etc, but I won't do it forever...  


P.S. Can't someone launch a DDOS attack to ultracoinpool!!!

I think UTC forked.

EDIT: Yes, it's forked. The whole network is not working properly.

Given today's dump, I think this is an attack.

The Minecraft plugin is a very specific project.
Our Devs are just started building at it but it is a project that needs time.
So yes. Minecraft is still in the pipeline and one of our major projects.

Dear UTC Community Members,

We still have some serious bountys waiting for anybody who can do the job....

- Android Mobile Wallet                     15000 UTC
- iOS Mobile Wallet                           15000 UTC
- Android-Ultracoin Game                    5000 UTC
- iOS Game Ultracoin                           5000 UTC
- Windows Phone Ultracoin Game         5000 UTC
- Twitter Tipper Bot                             5000 UTC
- Google + Youtube Tipper Bot             5000 UTC

About full PoS; We listen to our community!

What we wanted was successful.
Start an open “discussion” on the forum and see the pros and cons.
Our plan was to look in the background what happened and what was the general opinion.

We want to thank everyone for their input, their ideas and their opinions and want to thank also especially some members of their very professional input about full PoS.

Of course, there were also the frequent and useless trollers that where trying to sell complete garbage, fud, lies and even false accusations.
Members who wanted to impose their views on to others with accusations like we only wanted to produce a pump and dump so we could sell big and many other false accusations. 
We will not even mention them all here because we don’t want to answers to such low and false accusations. 

Just to be clear to everyone in our respected community, we are here for the long term and we believe in UTC 100%. UTC is a coin that will remain and will be a real used currency.

So after having read all the opinions and idea’s we will consult first some valued members/coin-devs furthermore by pm to see if there is a better way that will benefit UTC in the long-term.

Bottom-line: We listen to our UTC community and postpone until further notice our plan to go full PoS !

Sit tight in the mean time and please work as a community to get UTC going!

Regards ,
UTC Management

+100

Scrypt-Jane was a specific implementation of Scrypt-Chacha with pre-programmed N-Factor changes, and fundamentally my problem is that they were poorly chosen. Now we're at the point where things are slowing down, but it's also "too difficult" to get miners up and running, so only those that got in early are still worried about mining UTC. Really, can you imagine anyone new to the cryptocurrency scene saying, "Oh, look at UTC -- I wonder how I can get set up to mine at NF-13?" They can do Scrypt, X11, X13, etc. and mine any of a couple hundred coins, whereas Scrypt-Jane requires tweaking parameters for just one coin (or at least on N-Factor). It's a major pain in the butt! Scrypt-N is practically the same algorithm but with NF changes more widely spaced; in January the first Scrypt-N coin will move to NF-11, and most of the difficulties with that N-Factor are now known; the next change will be in another year or more, so SJ gets to pave the way with little reward for doing so.

The ironic thing is that all of this was done to "protect us from the evil ASICs", and yet I'm not even convinced ASICs are the real enemy here. This has become a big business, and that means the small fries (you, me, and anyone else that can't invest millions of dollars) are probably just lucky to have gotten in early enough to have made some good earnings. I don't think we'll actually see a fully functional Scrypt-N ASIC in a time frame that will be profitable for the buyers, but the manufacturers of the ASIC will still make money -- or just scam people and disappear with the coins they're paid. But how do you stop that from happening? Government oversight, laws, regulations, etc. are all things that BTC was trying to avoid early on, yet now we're trending more and more towards having all of them. Oops.

As far as PoS goes, it was basically designed as a way to reduce power requirements while keeping the network secure from a 51% attack, and it does well in that regard. The problem is that it doesn't encourage use of a coin, and there are all sorts of weird things that go on with PoS coins like scaling of the interest rates, or poor coding (cloning of a poorly coded implementation), etc. The rewards are also terribly stingy on many coins (Blackcoin), so if the idea is to have people leave the wallet running 24/7 to support the network, there needs to be a real incentive to do so. This fad that started with BC where it's somehow better to distribute all of the coins in a one week period and then shift to PoS strikes me as a huge money grab as well. At least UTC would have been around for a long time before making the switch, but of course it's going to require a hard fork again and people will get upset about fundamental changes to the design of UTC.

Really, in retrospect (yes, I know: hindsight is always 20/20), UTC was not designed properly. I can say the same of many coins, including BTC and LTC, but what's done is done. Block reward halving is convenient in terms of knowing the block reward for long periods of time, and it doesn't necessarily reward the first miners with the most coins, but slowly scaling down (e.g. sort of like DRK, though it could still be improved) seems better. Fast NF adjustments -- ever -- is just chaotic. As someone that mined a bunch of the SJ coins when they were new, almost every NF change would cause issues on every mining PC I have. The power efficiency issue is also real -- I have given up on Scrypt-N and anything else above NF-10 for that reason, and of course vanilla Scrypt is now in the domain of the Scrypt ASICs. And as for the block times... they're just too short, as I noted already.

So given all of the above, what's the "ideal" new coin? First and foremost, it has to bring something new. If you clone an existing coin and just tweak the parameters a bit and create a new image and name, you've created a coin that's basically just a money grab from the developers (and to an extent the whole cryptocurrency community). You need at least some sort of major new feature. For example, stuff like a built-in exchange system in the wallet would be useful, or at least a way to check the current prices; Stealth Transaction type features are also useful. Most other "additions" are just fooling around trying to pretend to be different. I don't think in-wallet games are useful, as that's just a time sink and people have lives they need to live (e.g. you can't have five different wallets with games running and expect a person to play/mine/whatever all of them at the same time).

If UTC is going to hard fork to PoS, they ought to look at some other fundamental changes. The coin went from what -- 6 seconds to 20 seconds to 30 seconds for the block times? 30 seconds might be okay now, but one minute still seems more reasonable to me, especially given PoS will be more consistent. Now add in something like Stealth Transactions (similar to the new VTC), and a built-in ABE-style block explorer, and the ability to do a VeriSend type of transaction (send BTC via UTC) and we're looking at something useful. At that point, if you can make all of those additions, is it better to fork from UTC or would it be best to just make a new coin? Or does the market really just want some of these features for an existing coin that is already well regarded (BTC, LTC, etc.)?

The coming alt-coin apocalypse is going to be messy, and I'd guess that less than 10% of alt-coins will really be doing anything worthwhile in another year -- and maybe even 5%. It's like a business that expands too rapidly and suddenly has 3000 retail locations, and then they realize they're not getting enough customers at each location and so a few years later they file for bankruptcy and close most of the stores. Cryptocurrencies have done basically that right now, and while not all of the coins were created in such a way as to be deemed "junk copies", there will be some "good" coins that die along with the "bad".

Price going down as we haven't been on coinmarketcap for 2 days. Why haven't you sorted this, surly you look on there 2-3 times a day to see what's going on in crypto land.

As one of the biggest 'bag holders' I have to say this isn't the coin I invested over $25k  into and I'm against making it full POS. I thought this was a long term coin focused on development and not too concerned about its price as the price will go up naturally as it became more accepted in marketplaces. I'm also against this decision been made to completely make it a different coin without consultation with the community.

I have to question the mine craft idea also. If you are so confident it will attract lots of interest why not wait until the mine craft idea is complete and availble.
I'm not getting into an argument and don't really want people to reply. I just wanted to have my say as I read this thread 2 times a day and haven't spoken up about my views