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    Author Topic: New Ixcoin fork -> I0coin  (Read 217220 times)

    • BitVapes
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    August 16, 2011, 09:51:58 AM
     #161
    Quote from: nmat on August 13, 2011, 07:18:40 AM
    Well, the differences from the original code aren't many. I bet we could make a little program to create currencies. You choose:
    - Name
    - BTC per block
    - Difficulty increase
    (...)

    Then click a button and that's it. You have another currency  Cool

    I could try to do it, but I don't have the time at the moment...

    any progress on this?

    I actually think this is a good idea, local communities can create their own cryptocurrency, etc.   I've downloaded the latest bitcoin source and the latest ixcoin source, and ran a linux diff on it and there are many changes, not just 'rename all instances of bitcoin to ixcoin and change 1 number'

    so anyway I want to start a local crpytocurrency blockchain but I am not sure if I can do it.  some kind of cookie cutter cryptocurrency creator app would be nice, lol.  how much would it cost me to get one of you genius coders to make me a new bitcoin fork?  Cool
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  • doublec
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    August 16, 2011, 09:53:43 AM
     #162
    i0coind has been locking up on me. The exchange, which has no i0coind transactions yet but is running a client has hung twice. The pool has hung once. This is using commit 364742d79411518ef3ee123d3d1fd653b4674354.

  • Chris Acheson
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    August 16, 2011, 09:59:01 AM
     #163
    Quote from: BitVapes on August 16, 2011, 09:51:58 AM
    how much would it cost me to get one of you genius coders to make me a new bitcoin fork?  Cool

    I'll do it if you're actually willing to pay for the project.  PM'ing you.

  • d.james
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    August 16, 2011, 10:13:28 AM
     #164
    So any official words on what the starting difficulty is going to be at?

    I hope it's not "1" , because that would be silly for obvious reasons.
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  • payb.tc
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    August 16, 2011, 10:14:03 AM
     #165
    Quote from: doublec on August 16, 2011, 07:36:43 AM
    I have an exchange up: https://i0exchange.bitparking.com/main

    Deposit and withdrawal of i0coins are disabled until the chain is active. You can create an account and deposit btc in the meantime.

    someone is apparently willing to spend 99999999.99999998 BTC on i0coins... how is an order like this allowed to be in the system, given that noone owns or will ever own 100 million BTC? nevermind, it's just the 'rate' not the amount.

    still, the top 3 buy orders appear to be erroneous.

  • jtimon
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    August 16, 2011, 10:32:41 AM
     #166
    Quote from: Chris Acheson on August 16, 2011, 09:59:01 AM
    Quote from: BitVapes on August 16, 2011, 09:51:58 AM
    how much would it cost me to get one of you genius coders to make me a new bitcoin fork?  Cool

    I'll do it if you're actually willing to pay for the project.  PM'ing you.

    Hi, anyone wiling to be paid for developing an alternative chain may be interest in this thread:

    https://bt.irlbtc.com/view/36190.0

    You can make another offer there.
    More "gesellians" have contacted me, and maybe they want to participate in the bounty.
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  • Oldminer
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    August 16, 2011, 10:35:58 AM
     #167
    Just be careful atm about developing too many currencies. For the currency to have (or develop) a value, you need 'demand'. We already have 4 currencies...
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  • doublec
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    August 16, 2011, 10:41:25 AM
     #168
    Quote from: payb.tc on August 16, 2011, 10:14:03 AM
    still, the top 3 buy orders appear to be erroneous.
    They're real  buys  by people. The won't actually go through at that price since no one will sell at that price. They'll go through at the lower price of any sell that appears.

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    August 16, 2011, 10:41:56 AM
     #169
    I am also offering 1 bitcoin for 10,000 i0coins
    BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2

  • jtimon
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    August 16, 2011, 10:44:37 AM
     #170
    Quote from: Oldminer on August 16, 2011, 10:35:58 AM
    Just be careful atm about developing too many currencies. For the currency to have (or develop a value), you need 'demand'. We already have 4 currencies...

    I'm not in a hurry to release it, we will probably prefer to wait until ixcoin is forgotten. Also freicoin will have merged mining, so it's going to be mined even if its price is 1 satoshi (and that's the absolute minimum because I would buy all generated coins at that price if no one else wants them).
    But as said, I'm not in a hurry and some parameters need to be discussed. Just want to have it developed the earlier the better.
    2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)

  • Oldminer
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    August 16, 2011, 10:58:09 AM
    Last edit: August 16, 2011, 12:03:10 PM by Oldminer
     #171
    Quote from: jtimon on August 16, 2011, 10:44:37 AM

    I'm not in a hurry to release it, we will probably prefer to wait until ixcoin is forgotten. Also freicoin will have merged mining, so it's going to be mined even if its price is 1 satoshi (and that's the absolute minimum because I would buy all generated coins at that price if no one else wants them).
    But as said, I'm not in a hurry and some parameters need to be discussed. Just want to have it developed the earlier the better.


    Dont get me wrong. I think theres a LOT of room to move in the near future in the digital currency market. The problem atm is theres only so many miners and so many users. And of course the infrastructure that supports these new currencies is still in development. However, things are moving fast. You could release a new currency now but I wont mine it. Why should I? It might be worth something one day so I might mine it initially to create a stockpile but so will a lot of other people and all we will do is hoard & up the difficulty for 6 months. With no buyers in the market the currency will stagnate (and be forgotten?) and you miss your entry point. Enter with a new currency when the other currencies are over-priced and theres more interest from people that are looking to diversify (to maximise its potential), and make your effort in developing the new currency worthwhile.
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  • payb.tc
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    August 16, 2011, 10:59:52 AM
     #172
    Quote from: doublec on August 16, 2011, 10:41:25 AM
    Quote from: payb.tc on August 16, 2011, 10:14:03 AM
    still, the top 3 buy orders appear to be erroneous.
    They're real  buys  by people. The won't actually go through at that price since no one will sell at that price. They'll go through at the lower price of any sell that appears.

    why wouldn't anyone sell at that price? it's really high, but i take back what i said about them being erroneous.

    take the top one for example:

    Quote
    buy   99999999.99999998   0.00000003

    that means as soon as you mine 30 nano i0c you can sell it for 2.99999999 btc (100 million * 0.00000003)

    (as long as no-one puts in a lower-rate sell order)

  • m3ta
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    August 16, 2011, 11:06:05 AM
     #173
    Quote from: Trini8ed on August 14, 2011, 08:10:20 AM

    Wow did you really just say that go take your dirty mouth and take it off this forum... Bitcoins are competently legal there is nothing wrong with them people like you keep giving our community a bad name just like silk road when there is just 1 site selling drugs everyone thinks bitcoins is bad but then meanwhile back in America people buy all sorts of drugs with real money there is not just 1 place its fucking everywhere so take your shit elsewhere!

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  • jtimon
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    August 16, 2011, 11:50:50 AM
     #174
    Quote from: Oldminer on August 16, 2011, 10:58:09 AM
    Quote from: jtimon on August 16, 2011, 10:44:37 AM

    I'm not in a hurry to release it, we will probably prefer to wait until ixcoin is forgotten. Also freicoin will have merged mining, so it's going to be mined even if its price is 1 satoshi (and that's the absolute minimum because I would buy all generated coins at that price if no one else wants them).
    But as said, I'm not in a hurry and some parameters need to be discussed. Just want to have it developed the earlier the better.


    Dont get me wrong. I think theres a LOT of room to move in the near future in the digital currency market. The problem atm is theres only so many miners and so many users. And of course the infrastructure that supports these new currencies is still in development. However, things are moving fast. You could release a new currency now but I wont mine it. Why should I? It might be worth something one day so I might mine it initially to create a stockpile but so will a lot of other people and all we will do is hoard. With no buyers in the market the currency will stagnate (and be forgotten?) and you miss your entry point. Enter with a new currency when the other currencies are over-priced and theres more interest from people that are looking to diversify (to maximise its potential), and make your effort in developing the new currency worthwhile.

    I agree. There's no point in starting freicoin without merged mining and without any merchant accepting it.
    I want it to be used for trade not just for speculation like ixcoin.

    By the way, why IOcoin doesn't have merged mining?
    It would have been as easy as forking namecoin instead of bitcoin and remove all the DNS stuff.
    2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)

  • peterpiper
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    August 16, 2011, 11:56:18 AM
     #175
    Ok, get your bets in on how much mining power is going to drop from BTC in the first 30 minutes of i0coin being online?

    Pity the difficulty only just clicked over, because this may have had a rather nice reversing effect on it. It might still have, just that it won't kick in for another 1950 or so BTC blocks. Im betting at least 2 THASH is going to drop almost immediately.

  • Oldminer
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    August 16, 2011, 12:04:34 PM
    Last edit: August 16, 2011, 02:20:32 PM by Oldminer
     #176
    Quote from: peterpiper on August 16, 2011, 11:56:18 AM
    Ok, get your bets in on how much mining power is going to drop from BTC in the first 30 minutes of i0coin being online?


    A shitload. Its already dropped because of IXCoin. And you do know whats going to happen to Bitcoin value because of this dont you?
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  • peterpiper
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    August 16, 2011, 12:17:21 PM
     #177
    If the IXcoin trial is anything to go by, it looked to me like supply for BTC dried up a little (X THASH of the suppliers dropped from the BTC network) and the price just went up.

    But hey, I really have no idea..

  • jtimon
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    August 16, 2011, 12:30:39 PM
     #178
    A simple question here:

    IOcoin and ixcoin have now similar generation curves or ixcoin is going to generate 40M with a curve similar to bitcoin's (but greater and later)?
    2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)

  • joulesbeef
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    August 16, 2011, 02:19:11 PM
     #179
    Quote from: fastandfurious on August 16, 2011, 06:39:43 AM
    What about changing the name to FairCoin or PureCoin ? Or even just iCoin?


    you want to rename it moments from launch?

     Huh
    mooo for rent

  • gtrrkicw
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    August 16, 2011, 02:45:07 PM
     #180
    I compiled the git source under Ubuntu and when I run i0coind I get this error message

    Code:
    i0coind: main.cpp:1566: bool LoadBlockIndex(bool): Assertion `block.hashMerkleRoot == uint256("0x01f79e95511e638325c288818ed10d95cdfb30bb775c8f024f380a4c9bcd8d4e")' failed.

    Is this an error in compilation or is it trying to use the real genesis block but it doesn't exist yet?
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