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Topic: [ANNOUNCE] Ixcoin - a new Bitcoin fork - page 11. (Read 128457 times)

legendary
Activity: 2940
Merit: 1090
April 22, 2013, 04:29:51 AM
I thought Ixcoin is one of the merged-mined coins the merged mining pool at BitParking mines?

Also, it is traded on Vircurex as well as on the Digitalis Open Transactions server.

-MarkM-
member
Activity: 99
Merit: 10
MMM EXTRA - THE RIGHT STEP TOWARDS THE GOAL
April 22, 2013, 04:26:55 AM
i have 0 connections 0 block 0 transaction in windows 7 anyone please help !
legendary
Activity: 2912
Merit: 1060
April 21, 2013, 01:23:38 PM
Are you sure these are the correct btc ports? They looked switched..

Bitcoin's operating port 8332 is now 8337 with Ixcoin.
Bitcoin's RPC server port 8333 is now 8338 with Ixcoin.
legendary
Activity: 966
Merit: 1004
Keep it real
April 16, 2013, 07:25:59 PM
Is this ever coming back guys? What do you think?

Pretty sure it's dead.
legendary
Activity: 1030
Merit: 1000
April 16, 2013, 07:06:14 PM
Is this ever coming back guys? What do you think?
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
April 04, 2013, 09:26:16 PM
I just installed the latest win32 client and seeing 0 connections as well, looks like it's dead.

hold on, if it's dead, how are they still mining/trading it ?

***using linux client, I'm able to connect to the network, it's not dead
legendary
Activity: 966
Merit: 1004
Keep it real
April 04, 2013, 02:18:02 PM
I'm looking into the ixc thing. http://www.ixcoin.org/ is so shady, yet has OSX client which does not exist on the pp and terra thing, nice !

However, I'm seeing 0 connections, 0 blocks, 0 transactions, forever. Looks like the network bootstrap is broken, or my client is outdated ??

**crap, noticed that the osx version is behind other versions (Mac OS X unverified 0.3.24.2 only) is that the problem ??

Because it's dead.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
April 04, 2013, 01:29:57 PM
I'm looking into the ixc thing. http://www.ixcoin.org/ is so shady, yet has OSX client which does not exist on the pp and terra thing, nice !

However, I'm seeing 0 connections, 0 blocks, 0 transactions, forever. Looks like the network bootstrap is broken, or my client is outdated ??

**crap, noticed that the osx version is behind other versions (Mac OS X unverified 0.3.24.2 only) is that the problem ??
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
April 02, 2013, 12:51:32 PM
Rumors that more altcoins (at least the merge-mined coins because they are safe from 51% attacks) will be added to MtGox if LTC and NMC are a success.

That could / would be good news for Ixcoin Smiley
Too bad I sold my 10k IXC at 0.00000000000000000000001 BTC or something close to that  Cry
Just 800 of them left by mining at mmpool...

i0coin is really dead now, I guess? Client crashes at 2GB block size / memory limit.
legendary
Activity: 1078
Merit: 1005
March 20, 2013, 11:02:36 PM
BTW, bitparking has temporarily stopped merge mining ixcoin to fix issues with merge mining and version 1/2 blocks. I hope to resume in a couple of days but in the meantime hashrate of ixcoin and transaction speeds is likely to be low unless someone else joins in.
Bitparking merge mining has resumed.
legendary
Activity: 2940
Merit: 1090
March 20, 2013, 08:52:24 PM
Merged mining doesn't really take a heck of a lot of resources and so far there aren't even really enough merged mined coin types to even start to really see what the limit would be of how many chains can practically be mined at once. Though a few chains have shown that being massive resource-hogs compared to others can make some chains less attractive than others.

A lot of the problem too is lack of consumer ASIC devices, a whole lot of chains have basically been waiting waiting waiting for a day to come when they can secure themselves, but ASIC being supposedly just around the corner kind of stifled the urge to build more GPU rigs to support one's coins of choice.

Hopefully once ASICs are common and easy to use the people will be able to get around the monolithic pools that marginalise the merged mined chains.

-MarkM-
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
March 20, 2013, 06:35:10 PM
Problem with ixcoin is the subsidy is supposed to stop in less than 2 years. Then it's dead in the water unless there is enough transaction activity to continue mining support, which looks rather unlikely at the current rate, as I think merge miners would drop it without enough income.

Of course at that point it would be easy for someone to take it over and turn the subsidy back on. But then it's not a serious cryptocurrency as its money supply can be changed by a whim.

Maybe Nasakioto just wanted to demonstrate what could happen to bitcoin in the remote future if transaction fees couldn't support enough mining interest  Wink
No ... he just wanted to create something with temporary value so he could sell his solo pre-mine and make (people give him) money.

The coin has no value - just the usual people thinking it has for no reason and throwing BTC at it - or those who mined it before hoping it will go up in value so they can cash out.
legendary
Activity: 1078
Merit: 1005
March 20, 2013, 06:34:21 PM
Maybe Nasakioto just wanted to demonstrate what could happen to bitcoin in the remote future if transaction fees couldn't support enough mining interest  Wink
IIRC, having this happen early was part of the experiment to see what would result. BTW, bitparking has temporarily stopped merge mining ixcoin to fix issues with merge mining and version 1/2 blocks. I hope to resume in a couple of days but in the meantime hashrate of ixcoin and transaction speeds is likely to be low unless someone else joins in.
legendary
Activity: 1205
Merit: 1010
March 20, 2013, 06:21:14 PM
Problem with ixcoin is the subsidy is supposed to stop in less than 2 years. Then it's dead in the water unless there is enough transaction activity to continue mining support, which looks rather unlikely at the current rate, as I think merge miners would drop it without enough income.

Of course at that point it would be easy for someone to take it over and turn the subsidy back on. But then it's not a serious cryptocurrency as its money supply can be changed by a whim.

Maybe Nasakioto just wanted to demonstrate what could happen to bitcoin in the remote future if transaction fees couldn't support enough mining interest  Wink

Edit: It does have 21M limit and 0 subsidy afterwards (looked at wrong branch earlier):
Quote
int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 96 * COIN; //ixcoin

    // Subsidy is cut in half every 4 years
    nSubsidy >>= (nHeight / 210000);

//Hard limit to 21M Ixcoins
if (nHeight >= 227499)
nSubsidy = 0;

    return nSubsidy + nFees;
}
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
March 20, 2013, 05:03:15 PM
Price is low, I'm hoarding  Grin
legendary
Activity: 2940
Merit: 1090
March 15, 2013, 02:22:49 AM
No one wanted to mine at a Massively Merged Mining pool that mined lots and lots of types of coins all at once, so the Massively Merged Mining project was put on back burner pending its ability to start deploying more and more ASICs to secure as many of the meged mine able coins as it reasonably can.

Ixcoin is reasonable to merged mine so it will benefit come that time.

-MarkM-
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
March 15, 2013, 02:05:35 AM
As soon as the ASICS come in action, Ixcoin will be revived  Grin

Why is that?

Also is IXCoin dead? Can you trade it?

Yes, just found out you can trade them at VirCurEx.

Just bought me 5,000 of them for 0.7 BTC Smiley
hero member
Activity: 812
Merit: 502
March 13, 2013, 12:52:50 PM
As soon as the ASICS come in action, Ixcoin will be revived  Grin

Why is that?

Also is IXCoin dead? Can you trade it?
sr. member
Activity: 462
Merit: 250
February 07, 2013, 02:59:26 PM
Not without someone to take over/continue developing it..
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
February 07, 2013, 01:43:40 PM
As soon as the ASICS come in action, Ixcoin will be revived  Grin
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