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Topic: [ANNOUNCE] Ixcoin - a new Bitcoin fork (Read 128404 times)

legendary
Activity: 2940
Merit: 1090
September 24, 2024, 09:49:41 AM
I didn't realise IXC was still around - I thought it had died along with Cryptsy when it was its last exchange. Didn't realise that it was on yobit, cryptopia and coinexchange. I just bought a few. It feels almost like I'm holding some Denarius.

If you like the idea of holding some Denarius, maybe it will interest you to know that Caesar and Tartacus, despite possible ideological differences (Tartacus is a wordplay upon the name Spartacus) have for years now been collaborating to launch a Roman civilisation in the Galactic Milieu's FreeCiv scale of play.

A civilisation whose currency is to be the New Roman Denarius (NRD), which currency has already for a long time now been implemented.

Because of course Proof of Work blockchains are ridiculously expensive media with which to implement a currency (all those third party minters, how is the civilisation expected to "back" IOUs issued by foreigners / aliens?) the base layer is the HORIZON platform, where 21 million NRD were issued.

The more convenient layer for non-players or players whose guild, party, clan or whatever (generically "group" hopefully eventually in some way to relate to GRouPcoin) has not deployed for their use a HORIZON node, and who choose not to deploy a personal one, is Stellar.

As usual, what is deployed on Stellar exists first on HORIZON, so that by looking at the "Stellar Holdings" account on HORIZON one can see how much of what has been tokenised onto the Stellar platform.

That is why the NRD token on Stellar has not minted a full 21 million yet; only such NRD as have actually been moved into the Stellar Holdings account need Stellar tokens to represent them so rather than minting the full 21 million then locking minting capability of the issuing account the Milieu takes the approach of using the size of the issued-to account's trustline to serve as indicator of how many in total were minted thus far.

The HORIZON platform however remains the canonical ledger, so for example when we start adding the DMDv4 platform a "DMD4 Holdings" account will be created on HORIZON and any assets minted onto DMDv4 will be moved into the DMD4 Holdings account just like currently assets minted onto the Stellar platform are first moved into the Stellar Holdings account on HORIZON.

HORIZON will thus continue to be where to go to find the total number of each asset that has been tokenised onto some additional platform(s).

The New Roman Denarius is a "treasury based" asset, eligible for use in the "official treasuries" of other civilisations, Corps etc; the game can thus compute for it a value per token simply by adding up the total of the values of all the things in its "official treasury", thus avoiding dependence upon "price discovery" in "spot markets", which of course is extremely important given the current and expected dearth of players devoted full-time to arbitraging and market-making and so on thus the expected and expectable inefficiency of such markets which almost certainly almost inevitably makes them unsuitable for the purpose.

-MarkM-
legendary
Activity: 2940
Merit: 1090
September 23, 2024, 11:11:25 PM


Sorry for your loss, but I can't help but point out the ridiculousness of 'early adopters' being the people who bought into this shit in it's first 24 hours. It's gotta be one of the most rapid pump and dumps ever, and people bought in hook, line and sinker. I started calling him out the second I saw it, but no one listens to poor ole' randy.


Yes, it's entirely my fault. I saw a mix of people calling it out and some getting excited. I had gone out to meet friends thinking I needed a break from this shit then 3 hours or so after I got home noticed this thread. I eagerly transferred my bitcoins from mtgox to this exchange having been familiar with how it works after much nmc trading. I work nights mostly on weekends so I don't get much social life. If only I had of noticed it that morning I probably should have mined it for all its worth but never actually bought any just sold them. But then of course that means that some other poor smuck would be where I am now.

Well you did at least get them out of MtGox, so silver lining in retrospect? Cheesy

-MarkM-
legendary
Activity: 2940
Merit: 1090
September 23, 2024, 10:56:20 PM
Is it "icks-coin" or "9-coin"?

I always figured it is eye-ex-coin.

And its sibling thus eye-zero-coin.

-MarkM-
legendary
Activity: 2940
Merit: 1090
September 23, 2024, 09:31:31 PM
We offer listing on our exchange, where you will get:
[snip]
Who can I contact to discuss listing?

Maybe its because I'm a DMDer, but I am gonna say like we say there:

You don't need our permission, you are free to list it or not, as you choose.

Are you another chat-gpt et al marketbot like we say that to in the chat channels, by any chance?

-MarkM-
legendary
Activity: 2940
Merit: 1090
September 23, 2024, 09:22:57 PM
So how much are they worth currently anyway? 0.0001 BTC each? How much is that in NMC? In GRP? In DVC? In MBC? Etc.

Will be good when there are more exchanges that ignore stupid fiat crap in favour of exchanging actual bitcoin-type currencies.

-MarkM-


I agree, we need more coin-for-coin exchanges. I started working on an exchange once upon a time but had too many problems with Dwolla and C# not playing nicely... Perhaps I could modify what I've already got to serve as a BTC/NMC/IXC/GRP/DVC/MBC/etc exchange...

As for current value... While I see no reason to tie USD values to difficulty, I think difficulty could be a great tool for estimating the worth of coin-to-coin exchanges... IXC diff is currently 4, BTC diff is currently 1888786.70535 so it seems to me that 1 IXC should be valued somewhere in the neighborhood of 4/1888786.70535=0.00000212 BTC (rounded to the nearest satoshi). Do the math the other way to find that 1 BTC ~= 472,196.67633750 IXC.

Of course difficulty 4 won't last for long, even with a measly 2 GH/s for the whole pool, so it may be too early to attempt such a valuation.

Of course, we have namecoin to base our math on too... Already-existing resources have shown that historically NMC is valued at about 2/3 (67.9%) of what this ratio says it should be (on average). The argument that namecoins have intrinsic value because of the service offered by the network might be slightly true, but the bitparking exchange has a volume much higher than the actual NMC spent on registrations, so they're likely being traded by speculators much the same as BTC. If we apply this fractional value to IXC we get the following:

1 BTC ~= 320,621.54323316 IXC
1 IXC ~= 0.00000144 BTC

Yeah let's redo the math after a few weeks worth of difficulty updates Tongue

Well lets see... http://galaxies.mygamesonline.org/inbtc.html ...

That table of historical values from the Latest Rates include-file shows value of IXC, expressed in BTC, as .00000817 ...

...Close enough? Smiley

Of course if you check some spot markets, they do differ.

Usually they differ from one-another too, such that typically buying cheap on FreiXchange to sell on Stellar platform is an arbitrage opportunity.

We cannot really check the HORIZON platform right now because quite some time ago some HZ whale came along and totally trashed the value of HZ, and HORIZON shoehorns HZ into every trade by making all pairs be "[token] versus HZ"; that rapidly led to an urgent scramble to delete one's sell offers until such time as some guess as to what HZ might end up being worth has been come up with.

That "dumper" whale is still a whale so folks are also naturally hesitant to grow HZ's buy-side on Stellar (for example XLM/HZ) upward though there are still occasional buys of it; folks using the proceeds of such buys to strengthen the buy-side probably tend more toward making the offers at any given price larger than toward trying to ratchet upward in price yet.

-MarkM-
newbie
Activity: 14
Merit: 0
December 18, 2023, 12:45:27 PM
Hi! I am writing on behalf of slex.io a global Crypto and commodity CEX  with AI Algorithms. Our platform is the brainchild of a team of professional blockchain developers with a rich background in the industry, having contributed to renowned projects and exchanges like Binance, OKX, Latoken, Emirex.

We offer listing on our exchange, where you will get:

Listing 2 pairs for choice.
NO KYC before $15K.
NO KYC for purchasing with VISA/Mastercard.
instant buy with VISA\Mastercard for your currency.
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Integration on Slavi Wallet (https://slavi.io/)  (150 000 users).
Comprehensive market-making.
Increasing rating at CMC and Coingecko.

Who can I contact to discuss listing?
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
September 22, 2020, 12:29:03 PM


At the moment the mining  funds left are:

"miningfund": 490922 IXC

At 1 ixc/block, 300 blocks a day, it's probably 4 years and a half left. It means the minting will continue till 2025.

Future donations will prolong the date of completion of minting of the 21 million ixc.

Nice, heads up, IXcoin being delisted from coinomi tomorrow.  The 23.  I never got an email or anything.  Looks like they’re planning another quiet theft.  Move your coins now. 
member
Activity: 89
Merit: 61
September 22, 2020, 08:30:03 AM


At the moment the mining  funds left are:

"miningfund": 490922 IXC

At 1 ixc/block, 300 blocks a day, it's probably 4 years and a half left. It means the minting will continue till 2025.

Future donations will prolong the date of completion of minting of the 21 million ixc.
member
Activity: 89
Merit: 61
September 21, 2020, 04:14:42 PM
Excellent!

To those questioning the point....well this is kinda the whole point! A free market of blockchains, each with different purposes. Ixcoin will allow us to see how inflation affects blockchain based currency systems, and as BTC is the original, won't really have an effect on it's value. Way I see it, BTC is the base measure for all that will follow, as long as the original remains intact and uncorrupted it will serve as a measure of value.

Good work Thomas, this will only add further to the knowledge we are pioneering.

Thanks for the support. Now get your miner onto the Ixcoin blockchain before difficulty skyrockets Wink

Interesting
You mention different purposes. What is ixcoin’s exactly?
All the early followers, loaded with ixc; why are they hodling?
I am missing the point
member
Activity: 89
Merit: 61
September 21, 2020, 04:08:01 PM


"... there are currently ~580K Ixcoins (as of 10th August 2011)..."


Who, as a matter of interest, has these 580k ixcoins?

"Early adopters! Its not fair! They should make sure all miners know about the proposed new blockchain and set a start date in the future for the date its genesis block is to be created so miners can be ready to start mining it the moment its genesis block is created!" - Anon

-MarkM-


This premine issue is history. All the premine is in miners fund, right?
member
Activity: 89
Merit: 61
September 21, 2020, 02:24:14 PM

Why did you close a thread that is not yours?
Why did you open a new one and abandon it?



legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
September 20, 2020, 05:09:01 PM

You know who else likes doing everything backwards and inverted?  Wink
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
September 20, 2020, 05:06:56 PM
EFIL4CXI

I didn’t catch this back then.  Why backwards?  And why are we posting on an abandoned thread? 
 
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
September 20, 2020, 04:52:31 PM

I see no activity on ixcoin

  I mean nice project but no use or participation

It’s our secret recipe.   Grin
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
September 20, 2020, 04:50:16 PM
I didn't realise IXC was still around - I thought it had died along with Cryptsy when it was its last exchange. Didn't realise that it was on yobit, cryptopia and coinexchange. I just bought a few. It feels almost like I'm holding some Denarius.

Cryptopia will start giving back coins from dec 2020 onward. Good news for you, innit ?

How many soons were there with Gox?  Or maybe this is the first non-inside job.  :/
member
Activity: 89
Merit: 61
September 20, 2020, 03:41:32 PM
I didn't realise IXC was still around - I thought it had died along with Cryptsy when it was its last exchange. Didn't realise that it was on yobit, cryptopia and coinexchange. I just bought a few. It feels almost like I'm holding some Denarius.

Cryptopia will start giving back coins from dec 2020 onward. Good news for you, innit ?
member
Activity: 89
Merit: 61
September 20, 2020, 03:39:17 PM
member
Activity: 89
Merit: 61
September 20, 2020, 03:38:08 PM

I see no activity on ixcoin

  I mean nice project but no use or participation
newbie
Activity: 28
Merit: 2
Hello Ixcoin believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Ixcoin at: https://cointopper.com/coin/ixcoin

Constructive criticisms are always welcome at CoinTopper.  Thank you!!
newbie
Activity: 112
Merit: 0
April 30, 2018, 06:12:34 AM
 So if you make a really good post, nobody will read it because 5 seconds after there are ten new spam post. So the only way to geht those merits is starting new threads with usefully advice and new information. The first post of the topic will almost everybody read, all the following answers nobody!
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