I heard from the Developer. He said he does not have the time to dedicate to this coin. If it was just a tweak or two he would but can not commit long-term.
How much BTC are we talking to reboot this coin?
I don't think IFC needs rebooting.
You know, guys, there are people spending litterally millions US$ (see NeuCoin, Ripple, etc...) trying to create a "smarter" coin. Trying to create a coin with the best possible specs, the best possible PoS ot PoW combination in infinite variations. If you look at just this technical aspect, BTC doesn't shine that much; yet it is the most valuable coin by far.
We just cannot beat these guys at this game, and
I do not think energies spent at changing the IFC fundamentals will be spent in the most valuable manner.IFC can still win, however, because at the end of the day, the coin that will win is the
coin people like; not necessarily the smartest or with the best specs. Only two criteria apply: it has to work (be secure), and people have to endorse it.
Of course I would like to see IFC go to .01$, this would be a game changer for me... and many of us reading this I am sure!
So what I suggest is we spend some daily efforts spreading IFC knowledge, and actually using it.
Technically IFC is functional, it is a fast transaction coin which is nice; the web site is also nice and professional.
1) I think our efforts would be best spent on marketing it, and spreading the good word about it. Put some for sale on craigslist, on Ebay, in a nice and professional manner.
2) Also buying some IFC regularly helps- this is important. Actually using it, tipping with it is also important; pay people with IFC when you have the chance. I have started buying a small amount of IFC everyday.
3)
http://infinitecointalk.org/ which is linked from the main infinitecoin web page is down - this does not show a stable and trustworthy image. So I would put the IFC forum back online ASAP.
Unfortunately it DOES need rebooting, only not like you are thinking. In order to bring it up to current Bitcoin protocol security and other update standards we will need to completely rewrite the code and likely do a burn and exchange. I have NO plans to change the number of coins, or otherwise make other drastic fundamental changes to the protocol beyond implementing standard protocols for security. IFC has done well but it can do much better if we can find a dedicated, trustworthy developer, and funding to keep him around. I see the path to Infinitecoins success, but I can't (and won't) keep dragging this ship by myself.
I need the community to step forward and help make this happen. I know some of you are making a lot of money right now. Do you want to make a whole lot more? Set some aside and reserve it for helping move development of this coin forward, and I believe we can go way past even the tops we had before at #8 market cap. The IFC fundamentals are strong, I don't want to fix something that isn't broken. I do however know we have room for improvement, and should focus on the infrastructure of the IFC network first as always. I know everyone wants the quick shot in the arm of marketing because it sends the price up, but what goes up must come down. If the system is not secure enough or robust enough to support the traffic that marketing brings, what happens to your price then along with the entire Infinitecoin name? After all this is supposed to be a MEANS OF EXCHANGE, not a stock. In order for it to be a means of exchange it needs to function efficiently and securely.