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Ultracoin ! Soon to be voted to Cryptsy ! take a look spread the word !

post #1 of 5
Thread Starter 
Raising some awareness for this coin spread the word.

I've been mining this coin since early adoption its Getting good attention it has a large community with dedication - its asic resistant which is hope for gpu miners. and should have expected growth soon.

Here is all the info you need to get started. lots of info on the main forum post or on the utlracoin website.

Ultracoin
UTC Main Forum post

Main Exchanges include
Mintpal
Crypto-Rush
Coinmarket.io
Coming back in v2.0 is Crypto-Trade

And Soon Expected to be on
Cryptsy Infact perhaps today or tommorow

Facebook
Twitter
Quote:
"SCRYPT JANE BACKBONE

The code uses a modular (compile, not runtime) layout to allow new mixing & hash functions to be added easily. The base components (HMAC, PBKDF2, and scrypt) are static and will immediately work with any conforming mix or hash function.

NFACTOR INTEGRATION

Scrypt-Jane uses an N-Factor (which is a number), and that number determines the amount of memory required to solve a share. This N-Factor number will go up at certain intervals, usually when a certain block number has been found in the blockchain. Whenever this N-Factor number increases, the mining efficiency will lower, because more memory is required to complete the same task performed before. Consequently, CPUs will become the go to choice for mining over time.

PROOF OF STAKE

Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency. It is different from proof-of-work systems that run hashing algorithms to validate electronic transactions.

MINER REWARDS

Miners are currently awarded with 50 new Ultracoins per block, an amount which gets halved roughly every 990.000 blocks. The Ultracoin network is therefore scheduled to produce 100 million Ultracoins, which is almost 4.5 times as many currency units as Bitcoin.
"
post #2 of 5
Well, I believe this was created by the owners of BTC-e, yet it's not even trading on BTC-e yet.

Besides, it had tons of issues at launch...


Isn't it already on more than 10 trading web sites?
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post #3 of 5
The hype for it getting on cryptsy did more than when it actually got there, bummer.
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post #4 of 5
Thread Starter 
its always like that from my experience it bumps then drops abit then slowly the volume on these larger exchanges usuallly take over if their is any demand which lately has been fairly good.

the whole mtgox thing was quite a setback for all cryptos tho unfortunately.
post #5 of 5
Quote:
Originally Posted by sf101 View Post

its always like that from my experience it bumps then drops abit then slowly the volume on these larger exchanges usuallly take over if their is any demand which lately has been fairly good.

the whole mtgox thing was quite a setback for all cryptos tho unfortunately.
Well I'm hoping that it does something more because I am looking to sell but was hoping for more!!!
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