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Topic: [ANNOUNCE] Ixcoin - a new Bitcoin fork - page 39. (Read 128605 times)

sr. member
Activity: 448
Merit: 250
August 10, 2011, 08:25:55 PM
difficulty was 16, it is now 64


Difficulty 69!!!!!!!!!!!!
full member
Activity: 123
Merit: 100
August 10, 2011, 08:25:32 PM
Difficulty must have soared as i mined 864 within 14 minutes and now haven't mined anything at all for more than half an hour.

member
Activity: 81
Merit: 10
August 10, 2011, 08:23:39 PM
difficulty was 16, it is now 64
legendary
Activity: 2940
Merit: 1090
August 10, 2011, 08:22:52 PM
I point 1.4 GH at it earlier today for 30 minutes and generated 2000 IXC.

I think it' a waste of time personally. I'm still waiting for the reason why this is a good idea.
I don't see the valued added by this fork and believe me I'm trying....

Will you sell those 2000 IXC? If so, for how many DeVCoin? Or, how many GRouPcoin?

Or, if you can come up with a worthwhile quantity of them, I might even consider buying with BiTCoin. Though I dunno, the fees are scary high with Bitcoin because it is such a vastly valuable precious high powered currency more suitable for international balances of payments than having fun. Do you have any +3 or better magic swords? If so, in which server of which game? I might be interested in those too if they are P2P (I can take them to some other server of some other game)...

-MarkM-
full member
Activity: 224
Merit: 100
August 10, 2011, 08:22:23 PM
I have no idea , it was at about 3PM EST that I mined them. I think it was at 4. I don' know how to figure out the difficulty.
legendary
Activity: 1386
Merit: 1004
August 10, 2011, 08:17:31 PM
I point 1.4 GH at it earlier today for 30 minutes and generated 2000 IXC.

I think it' a waste of time personally. I'm still waiting for the reason why this is a good idea.
I don't see the valued added by this fork and believe me I'm trying....
So where is difficulty at now? 
full member
Activity: 224
Merit: 100
August 10, 2011, 08:15:53 PM
I point 1.4 GH at it earlier today for 30 minutes and generated 2000 IXC.

I think it' a waste of time personally. I'm still waiting for the reason why this is a good idea.
I don't see the valued added by this fork and believe me I'm trying....
legendary
Activity: 1099
Merit: 1000
August 10, 2011, 08:15:27 PM
Quote
Seriously though, if A LOT of new chains were to start with the variables tweaked a bit wouldn't that just make Bitcoin stronger? You would have hundreds of tiny ones but only one big one. It would be hard for any of the small ones to really steal the market as they would be competing with so many others. Bitcoin has the advantage of being way ahead of the rest.

agreed
hero member
Activity: 672
Merit: 500
BitLotto - best odds + best payouts + cheat-proof
August 10, 2011, 08:13:11 PM

I think it would be interesting if someone tried a fork of bitcoin with the same speed-of-generating-new-bitcoins-graph, but with no cap at 21 million btc. Instead, when the 21 million is reached, there will be an inflation of 0.7 % per year. That would mean that the money supply would double once every 100 years. That is an acceptable loss from a currency user's perspective, and would add any benefit(s) an inflationary currency arguably has. I could totally live with my savings halving in value once every 100 years, if that sacrifice boosts the usage of the currency, prevents hoarding etc.

Very cool idea!

I don't know. If that came out I'd probably wait or have someone make another for 0.4% inflation. Smiley We can all be early adopters of our own currencies!

Seriously though, if A LOT of new chains were to start with the variables tweaked a bit wouldn't that just make Bitcoin stronger? You would have hundreds of tiny ones but only one big one. It would be hard for any of the small ones to really steal the market as they would be competing with so many others. Bitcoin has the advantage of being way ahead of the rest.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 10, 2011, 08:11:31 PM
I been running 4.1 GH/s on it for the last 3 hours and 15 minutes.
hero member
Activity: 602
Merit: 502
August 10, 2011, 08:11:08 PM
There are many weaknesses in bitcoin. One thing that specially bothers me are the scalability issues. I would gladly welcome an alternative e-currency that improves on these weakness. Ixcoin certainly doesn't do that.
legendary
Activity: 1099
Merit: 1000
August 10, 2011, 08:10:24 PM
New digital currencies spring up everywhere, I don't like that. Detracts bitcoins and is not a benefit for Internet and the people. Although, the creator's name is suspicious.

I think the opposite, this new competing currencies will only make bitcoin stronger


Why? Really. I need to read why, without bias.

in brief, by killing the "bitcoin is hard to make, but easy to copy" argument
https://bitcointalksearch.org/topic/m.446402


But I don't see advantages it's easy to copy but... (unless you mean that bitcoin it's hard to destroy but it's all)

bitcoin must pass this challenge, the proof of concept of being replicated in many new, competing blockchains
that may kill bitcoin (which I do not believe) or make it stronger, as that naysayer argument will be demystified
hero member
Activity: 812
Merit: 1000
August 10, 2011, 08:08:54 PM

I think it would be interesting if someone tried a fork of bitcoin with the same speed-of-generating-new-bitcoins-graph, but with no cap at 21 million btc. Instead, when the 21 million is reached, there will be an inflation of 0.7 % per year. That would mean that the money supply would double once every 100 years. That is an acceptable loss from a currency user's perspective, and would add any benefit(s) an inflationary currency arguably has. I could totally live with my savings halving in value once every 100 years, if that sacrifice boosts the usage of the currency, prevents hoarding etc.

Very cool idea!


slight flaw in that logic is that with bitcoin, 21 million will never be reached.
full member
Activity: 196
Merit: 100
August 10, 2011, 08:01:29 PM

I think it would be interesting if someone tried a fork of bitcoin with the same speed-of-generating-new-bitcoins-graph, but with no cap at 21 million btc. Instead, when the 21 million is reached, there will be an inflation of 0.7 % per year. That would mean that the money supply would double once every 100 years. That is an acceptable loss from a currency user's perspective, and would add any benefit(s) an inflationary currency arguably has. I could totally live with my savings halving in value once every 100 years, if that sacrifice boosts the usage of the currency, prevents hoarding etc.

Very cool idea!
full member
Activity: 126
Merit: 100
August 10, 2011, 07:59:16 PM
I have 2.7Ghash/s running on it. will probably switch back to bitcoin in a day or 2.
member
Activity: 70
Merit: 10
Only a curious passer-by / FirstBits: 13zsc1
August 10, 2011, 07:58:26 PM
New digital currencies spring up everywhere, I don't like that. Detracts bitcoins and is not a benefit for Internet and the people. Although, the creator's name is suspicious.

I think the opposite, this new competing currencies will only make bitcoin stronger


Why? Really. I need to read why, without bias.

in brief, by killing the "bitcoin is hard to make, but easy to copy" argument
https://bitcointalksearch.org/topic/m.446402


But I don't see advantages it's easy to copy but... (unless you mean that bitcoin it's hard to destroy but it's all)
full member
Activity: 196
Merit: 100
August 10, 2011, 07:54:48 PM
Point made.

Has anyone got a calculation of the GH/s in Ixcoin now?

I'm pointing just under 1Gh/s at it for a while until i get my 2.4Gh/s rig up and running, then i'll probably go 80% Bitcoin and 20% Ixcoin if this seems to be doing well Tongue
full member
Activity: 123
Merit: 100
August 10, 2011, 07:53:40 PM
Has anyone got a calculation of the GH/s in Ixcoin now?

I'm pointing just under 1Gh/s at it for a while until i get my 2.4Gh/s rig up and running, then i'll probably go 80% Bitcoin and 20% Ixcoin if this seems to be doing well Tongue
legendary
Activity: 1099
Merit: 1000
August 10, 2011, 07:52:58 PM
New digital currencies spring up everywhere, I don't like that. Detracts bitcoins and is not a benefit for Internet and the people. Although, the creator's name is suspicious.

I think the opposite, this new competing currencies will only make bitcoin stronger


Why? Really. I need to read why, without bias.

in brief, by killing the "bitcoin is hard to make, but easy to copy" argument
https://bitcointalksearch.org/topic/m.446402
legendary
Activity: 2940
Merit: 1090
August 10, 2011, 07:50:29 PM
Someone should just pay Vladamir for one day to overtake and split their chain. Their network's gotta be pretty paltry. I wonder what the cost would be.

Someone should pay some goons to kick over kids sandcastles at the beach, and rip up their monopoly boards and burn their monopoly money.

-MarkM- (Oh and lemonade stands are right out...)
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