Community went into limbo. My guess is that a lot of people lost interest once all of the blocks were mined. I do believe that only transaction fees can be mined now. I think coins with a short mining period will hit this wall. No one seems to be ready for life after mining.
Maybe someone could pick up the pieces and start a new version? This coin did show a lot of promise back in the day. It was a top 10 with over $7 million cap. I am a bag holder and would love to see it make a comeback. Could a hard fork be used to create version 2 with, say, a 20+ year window to mine? Maybe bag holders could exchange old for new in some kind of 5 old for 1 new kind of deal?
This is pretty much correct. The money faded away, and so did support for development. Right now there is me, and about 3 others who are still willing to actively participate in moving this coin forward. The issue is not shortage of ideas. I can reboot this coin and again make it a contender, I know HOW to get there. The problem is we do not have a dedicated developer to help us get there. Our current developer has health issues and can't be in front of the PC for long periods of time, therefore I can only really call on him to help in emergencies. If you know one please have them contact me.
To restate: our main roadblock is the lack of a qualified and dedicated developer (as well as funds to pay them). Even if I knew one, they generally don't work for free, and I have already lost the vast majority of my holdings trying to keep this coin afloat just to have the "community" completely abandon me. Now that the coin is making people money once more, suddenly everyone wants me to do things for them again. This time nothing is happening without the community taking the lead. This coin has taken more from me than anyone would believe, and if you people really care about it YOU will do the work to move it forward instead of just listing off things I should be doing for you, completely free of charge.
For those not in the know, IFC's real dev is and always was, muddafudda. He, zackclark and the rest of his cryptsy buds staged everything from the very expensive client update to the IFC vs IFCv2/COL drama queen parade.
And they are STILL at it with CON vs PYC, COLv2.. ect..
I have talked with Hippie Tech personally for an extended period of time. I believe him to be a paranoid schizophrenic (not kidding).
Some Developer here who can
transition IFC to
a PoS only coin
!!
POW has ended, and IFC is now unsecure
Difficulty: 0.007
Value Out: 0.25 IFC
This is why we implemented checkpointing. If the coin were to be 51% attacked a message would instantly go over the network warning people and halting traffic of coins, thus preventing any 51% attack theft from being very profitable. If you want to help secure IFC, leave your client open to run, or set up your own nodes. One way you can do this is by helping to crowdfund nodes here:
What can be done to revive this coin from a technology perspective?
I have plenty of strategies to do this, what I lack is a dedicated developer (and his paychecks).
So how do we make this happen? We need to revise and revitalize this coin. I wonder if Tecshare would be interested in this again? Can't put it all on him to do all or most of the work though.
I am willing to facilitate users in revitalizing this coin. I am however not going to be participating if all I get is the usual list of things I should be doing for this coin, while they sit back and do nothing but complain and make more demands as they scoop up their profits.
Coin is up 10 times and here are still people complaining? Get the cheerleaders out you amateurs! :p
There is ALWAYS some one complaining, trust me.