[ANN] INFINITECOIN - UPDATE TO 1.8.8 visit INFINITECOIN.COM - page 139.

msy2008

copper member

Activity: 763

Merit: 110

Quote from: almightyruler on December 25, 2017, 12:32:38 AM

Quote from: ruptan on December 25, 2017, 12:01:16 AM

Seems like Infinitecoin had a 51% attack. The market is closed at Cryptopia

https://www.cryptopia.co.nz/Exchange?market=IFC_DOGE

Market Closing

Investigating 51% attack.

That's why I've been explaining (repeatedly) that we need to get people to mine the coin. There's no point adding new nodes if the security of the blockchain is poor. Read back a few pages and you'll see I've pointed out that the entire network could be attacked with a single GPU, maybe even a CPU.

I also mentioned a possible solution a while back, and have recently implemented it: an auto-faucet, which will pay out 100 IFC per 2 minutes to miners. Hopefully that will be some incentive for people to start mining the coin again.

It does rely on funding since it is using existing funds, not actual "mined" (created) coins. If you or anyone have any funds to spare please donate: i86R5mEaP7SFGfuGhzvzguuRH4c98AefzQ

Hello almightyruler our idea does not conflict with distributed nodes is the first step out of the second step mining is also necessary to develop distributed mining machine necessary we need investors

almightyruler

legendary

Activity: 2268

Merit: 1092

Quote from: ruptan on December 25, 2017, 12:01:16 AM

Seems like Infinitecoin had a 51% attack. The market is closed at Cryptopia

https://www.cryptopia.co.nz/Exchange?market=IFC_DOGE

Market Closing

Investigating 51% attack.

That's why I've been explaining (repeatedly) that we need to get people to mine the coin. There's no point adding new nodes if the security of the blockchain is poor. Read back a few pages and you'll see I've pointed out that the entire network could be attacked with a single GPU, maybe even a CPU.

I also mentioned a possible solution a while back, and have recently implemented it: an auto-faucet, which will pay out 100 IFC per 2 minutes to miners. Hopefully that will be some incentive for people to start mining the coin again.

It does rely on funding since it is using existing funds, not actual "mined" (created) coins. If you or anyone have any funds to spare please donate: i86R5mEaP7SFGfuGhzvzguuRH4c98AefzQ

ruptan

sr. member

Activity: 491

Merit: 250

Seems like Infinitecoin had a 51% attack. The market is closed at Cryptopia

https://www.cryptopia.co.nz/Exchange?market=IFC_DOGE

Market Closing

Investigating 51% attack.

oilreg

newbie

Activity: 9

Merit: 0

Quote from: nyeko_12 on December 23, 2017, 08:12:24 PM

anyone want to ask John Mcafee to shill IFC(infinitecoin)?
How is it going with adding more exchanges to CMC(coinmarketcap)?

its a money thing i would guess, in a Telegram Group i am am, somebody posted this, dont know if its Authentic thou
but i would absolutly believe this, cause i heard from some Devs (reliable source) that lots of exchanges as for a similar amount just to list the coin

https://gyazo.com/58bb8226d70e95891fe88716df450ac0

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

should we group fund a big bunch of ifc and try to attract some developement team who can coinswap us to a realistic code base that has some chance of survival?

nyeko_12

newbie

Activity: 33

Merit: 0

anyone want to ask John Mcafee to shill IFC(infinitecoin)?
How is it going with adding more exchanges to CMC(coinmarketcap)?

almightyruler

legendary

Activity: 2268

Merit: 1092

Quote from: bluesmelly on December 19, 2017, 01:41:40 PM

Quote from: almightyruler on December 17, 2017, 10:53:15 PM

Quote from: Haoyear on December 17, 2017, 10:53:08 AM

I have sent you 50000 coins, which is my personal action, worth 75 CNY, and we work together for the infinitecoin.

Thank you for that, I just noticed that my script was reporting a higher balance, so I came here to find out who donated.

I have to do some more testing and tidying up of the script, but I think it should be possible to run this on multiple servers. With enough diversity it will be just like the network itself is rewarding 100 IFC every block.

Who else is running an IFC daemon on a unix server?

This is an example of how the auto-faucet works:

https://prohashing.com/explorer/Infinitecoin/e601a4a74393085c9ab4332ead24532515fa2694ebdb6d267d952bcde52e9694/

#1 (faucet transaction)
- 10,000 IFC sent back to own address (plus 100 IFC fee)
- 0.01963149 IFC change

#2 (coinbase reward)
- 0.00000011 IFC native block reward (dust)
- 100 IFC faucet fee

Total miner reward: 100.00000011 IFC

I'm not clear on how this works. My understanding is we'd want one faucet transaction per block, so I'm not sure how running the script on multiple servers will help. I'm planning to spin up a VPS and run the IFC daemon on it, just let me know how I can help

The script only kicks into action when the mempool is empty, so in theory only one dummy transaction should make it through each time - because now the mempool has a transaction in it - regardless of how many servers are running it. I need to add some randomness so that each server waits a slightly different period between checks, so we don't get 10 servers all seeing an empty mempool at the same time.

I had a power failure the other day and so it was a couple of days before I had the script going again. This is one reason there needs to be multiple faucets running concurrently.

Funds on my faucet are now depleted so we're back to dust for block rewards.

oilreg

newbie

Activity: 9

Merit: 0

is there any paperwallet i could put my IFC on due its gets delisted on Cryptopia soon?

xbdgg

newbie

Activity: 98

Merit: 0

你们，我来至中国，中国有很多ifc的爱好者，在中国已经建立ifc的社区，基金会，共同搭建了很多节点等等！你对ifc的有什么意见些建议？谢谢你

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

should just coin swap this to better codebase

decred would be nice

xbdgg

newbie

Activity: 98

Merit: 0

http://mp.weixin.qq.com/s?__biz=MzAxNzIxODk2Mw==&mid=2648914939&idx=1&sn=911be178e352e0640c5bab17da4227be&chksm=83ff7707b488fe112fac8736fdb5f81194d53a2bb23f52fd2369d7706ded68fd294cc2df4cd0&mpshare=1&scene=23&srcid=1221SfHidlMZgA1X8m9L6Zfy#rd

xbdgg

newbie

Activity: 98

Merit: 0

你好，家伙，在中国我们已经建立了ifc社区和基金会，中国区的ifC的爱好者们，希望你能振作起来，为ifc做些什么？我们也希望你能来中国推广一下ifC，无限币的发展一定更加辉煌！

Tara11

sr. member

Activity: 728

Merit: 251

Quote from: adz4life on December 17, 2017, 06:22:26 PM

Does the wallet work?

I always had problems syncing the wallet.

And do you think this coin can reach $0.01?

I think it will reach one yuan.

msy2008

copper member

Activity: 763

Merit: 110

No.1 Overview Weekly 12/18/17
The number of subsidies for this week is 56 per IFC node award 1000IFC

I'm sorry I didn't update it in time

IFC infinity (China) Foundation
Endowment address of the foundation (pay attention to only IFC unlimited money donation)
I7AiysGcT5ZAYVY3Q8inBFVmkPe4Yn3FMy
The account manager: Haoyear
Block browser https://prohashing.com/explorer/Infinitecoin/
Anyone can query the use of the foundation account by a block browser

xbdgg

newbie

Activity: 98

Merit: 0

iFC一定会成为勇者，

ifcxuerui

newbie

Activity: 18

Merit: 0

IFC is a 13 year old currency, and hope that foreign friends and Chinese friends to maintain IFC, so that it can become one of the mainstream currency.

bluesmelly

newbie

Activity: 5

Merit: 0

Quote from: explosivo on December 17, 2017, 06:01:43 AM

We also need to update CMC with the circulating supply information. It is equal to total supply, I know, but CMC will require a live link to the current supply. Where can I get this info to update CMC?

How are things going with this? If needed, I can create a live endpoint for the total supply once I've got a node running.

Quote from: almightyruler on December 17, 2017, 10:53:15 PM

Quote from: Haoyear on December 17, 2017, 10:53:08 AM

I have sent you 50000 coins, which is my personal action, worth 75 CNY, and we work together for the infinitecoin.

Thank you for that, I just noticed that my script was reporting a higher balance, so I came here to find out who donated.

I have to do some more testing and tidying up of the script, but I think it should be possible to run this on multiple servers. With enough diversity it will be just like the network itself is rewarding 100 IFC every block.

Who else is running an IFC daemon on a unix server?

This is an example of how the auto-faucet works:

https://prohashing.com/explorer/Infinitecoin/e601a4a74393085c9ab4332ead24532515fa2694ebdb6d267d952bcde52e9694/

#1 (faucet transaction)
- 10,000 IFC sent back to own address (plus 100 IFC fee)
- 0.01963149 IFC change

#2 (coinbase reward)
- 0.00000011 IFC native block reward (dust)
- 100 IFC faucet fee

Total miner reward: 100.00000011 IFC

I'm not clear on how this works. My understanding is we'd want one faucet transaction per block, so I'm not sure how running the script on multiple servers will help. I'm planning to spin up a VPS and run the IFC daemon on it, just let me know how I can help

explosivo

member

Activity: 88

Merit: 10

Quote from: coinits on December 18, 2017, 08:17:22 PM

Quote from: adlsdk on December 18, 2017, 07:07:43 PM

Hi guys I don't want to hijack the thread but I had some questions and wondering if I can get some answers here.
- I mined some IFC 4 years ago and now trying to restore my wallet. I have the .dat file backed up. I downloaded the new wallet in mac and now syncing. I am not sure how to restore the old wallet in mac though? Anyone can help me in this matter? I would like to start mining or contribute to the network. I've a good amount of IFC sitting in my old wallet.
- What is the current status (plans/roadmap etc) of the project? It seems like we are trying to bring IFC back again.

Start at the beginning and work your way through this Op and you will find the answers that you seek.

Short answer - There is no roadmap because IFC ran out of road. This coin has no Dev team in place and there wont be one any time soon. Blame the community for that. It was always want want want. Take take take. The main Dev got tired of footing the bill himself. Read and learn because no one else does. When people get serious about this coin and not consider it some sort of pump 'n dump coin then maybe things can happen. Serious = money.

BTW, the Chinese exchanges should be ignored as they gamed investors. Whether they scammed or were incompetent is debatable; but either one is cause for concern. Again, it's all in this Op.

Optimism is at an all time low and is an example of how a greedy community killed a coin.

Quality post. But, I thought the Chinese exchanges were just being muscled by the Chinese state. I think now the Chinese exchanges have moved offshore now.

justhere56

newbie

Activity: 1

Merit: 0

Quote from: adlsdk on December 18, 2017, 07:07:43 PM

Hi guys I don't want to hijack the thread but I had some questions and wondering if I can get some answers here.
- I mined some IFC 4 years ago and now trying to restore my wallet. I have the .dat file backed up. I downloaded the new wallet in mac and now syncing. I am not sure how to restore the old wallet in mac though? Anyone can help me in this matter? I would like to start mining or contribute to the network. I've a good amount of IFC sitting in my old wallet.
- What is the current status (plans/roadmap etc) of the project? It seems like we are trying to bring IFC back again.

in mac finder
shift+command+G

enter path

~/library/applicationsupport/infinitecoin

that will get you into the new infinitecoin app folder - I THINK - verify this with other searches on how to do this - that you would replace the wallet.dat file in that folder with your backup and rename it wallet.dat

pls pls pls double check this

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: adlsdk on December 18, 2017, 07:07:43 PM

Hi guys I don't want to hijack the thread but I had some questions and wondering if I can get some answers here.
- I mined some IFC 4 years ago and now trying to restore my wallet. I have the .dat file backed up. I downloaded the new wallet in mac and now syncing. I am not sure how to restore the old wallet in mac though? Anyone can help me in this matter? I would like to start mining or contribute to the network. I've a good amount of IFC sitting in my old wallet.
- What is the current status (plans/roadmap etc) of the project? It seems like we are trying to bring IFC back again.

Start at the beginning and work your way through this Op and you will find the answers that you seek.

Short answer - There is no roadmap because IFC ran out of road. This coin has no Dev team in place and there wont be one any time soon. Blame the community for that. It was always want want want. Take take take. The main Dev got tired of footing the bill himself. Read and learn because no one else does. When people get serious about this coin and not consider it some sort of pump 'n dump coin then maybe things can happen. Serious = money.

BTW, the Chinese exchanges should be ignored as they gamed investors. Whether they scammed or were incompetent is debatable; but either one is cause for concern. Again, it's all in this Op.

Optimism is at an all time low and is an example of how a greedy community killed a coin.

Topic: [ANN] INFINITECOIN - UPDATE TO 1.8.8 visit INFINITECOIN.COM - page 139. (Read 155194 times)