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Topic: [I0C] I0coin - The Best Choice In Digital Currency - page 54. (Read 82730 times)

member
Activity: 104
Merit: 60
I've been thinking about item 2. on the i0coin client upgrade bounty.

2. OP_RETURN must be set to 80 bytes (to allow financial platform development)

I think it may be best to keep OP_RETURN at 40 bytes like Bitcoin.  There are a few reasons for my change of mind.  First, financial platforms are working fine on Bitcoin using 40 bytes.  Second, it reduces the number of differences, even if minor, between i0coin and Bitcoin so there are less chances for bugs.  Third, i0coin has a 90 second block time compared to Bitcoin's 10 minutes, so i0coin's block chain is growing faster.  I0coin's block chain is already over 11 GB even with small numbers of transactions.  I'm worried that a larger OP_RETURN could balloon the block chain even more.  Of course, if and when Bitcoin updates the OP_RETURN byte size, so will i0coin.

Feedback is welcome.


Bitcoin 0.11.0 has enabled block chain pruning.  If we upgrade i0coin to 0.11.0 then we could use larger OP_RETURN byte sizes.

Read about block file pruning here.
https://bitcoin.org/en/release/v0.11.0
full member
Activity: 286
Merit: 100

izerocoin.org is down temporarily.  I accidentally let the domain expire so I'm working to get it renewed.  It should only be a few days.


izerocoin.org is back up.  I still need to renew the SSL cert.  So you may get an untrusted connection warning until I do.
full member
Activity: 286
Merit: 100
I've been thinking about item 2. on the i0coin client upgrade bounty.

2. OP_RETURN must be set to 80 bytes (to allow financial platform development)

I think it may be best to keep OP_RETURN at 40 bytes like Bitcoin.  There are a few reasons for my change of mind.  First, financial platforms are working fine on Bitcoin using 40 bytes.  Second, it reduces the number of differences, even if minor, between i0coin and Bitcoin so there are less chances for bugs.  Third, i0coin has a 90 second block time compared to Bitcoin's 10 minutes, so i0coin's block chain is growing faster.  I0coin's block chain is already over 11 GB even with small numbers of transactions.  I'm worried that a larger OP_RETURN could balloon the block chain even more.  Of course, if and when Bitcoin updates the OP_RETURN byte size, so will i0coin.

Feedback is welcome.

full member
Activity: 286
Merit: 100


izerocoin.org is down temporarily.  I accidentally let the domain expire so I'm working to get it renewed.  It should only be a few days.

full member
Activity: 286
Merit: 100
Has a big pool stopped mining i0coin? I notice my pool has started picking up most of the blocks recently.

Yes, network hash rate has dropped over the last 4-6 weeks.  It appears to be F2Pool that has reduced its hash rate for i0coin.
sr. member
Activity: 375
Merit: 250
Has a big pool stopped mining i0coin? I notice my pool has started picking up most of the blocks recently.
full member
Activity: 286
Merit: 100
I think bitcoin should be thought of as a sha256d hardware network instead of one chain. It makes sense for me to envision a multiwallet that helps to act as a transaction router that puts your transaction on the appropriate chain for what your use is.

Regardless I want to push for more interaction of bitcoin, ixcoin, and i0coin. It could also be possible that the omnicore guys copy their system and run it on ixcoin and i0coin in addition to bitcoin. Omni could act as the bridge for these chains to interact together.

We welcome more cooperation.  I've always thought those three would make a great trifecta.  Bitcoin is the original.  ixcoin the clone, which makes it supremely compatible with any tools developed for Bitcoin.  Then there's i0coin, just as compatible, but with the transaction speed advantage when that's needed.  Let us know how we can help.

full member
Activity: 286
Merit: 100
Fast block times make for a great platform for financial extensions like Colored Coins, Counterparty, and Mastercoin.  I0coin's lower price means it can support smart contracts and smart assets for a much lower cost than Bitcoin.

^from the op


Does the current i0coin codebase support these types of transactions?

IE: from what I understand ixcoin 9.x can support the op_return being used to run a Colored Coins, Counterparty, and Mastercoin type of system however the bulk of the hashrate from cex and the other main pool are still running on 3.x something so this feature cant be used.

I noticed i0coin is at 8.x, which I believe means that you also can't run counterparty on this.

Am I correct?

You are correct mate.  We need to upgrade to at least 9.x on the client and get pools to upgrade as well.  These are some goals we wanted to advertise so the public knows where we're headed.

hero member
Activity: 882
Merit: 1000
I think bitcoin should be thought of as a sha256d hardware network instead of one chain. It makes sense for me to envision a multiwallet that helps to act as a transaction router that puts your transaction on the appropriate chain for what your use is.

Regardless I want to push for more interaction of bitcoin, ixcoin, and i0coin. It could also be possible that the omnicore guys copy their system and run it on ixcoin and i0coin in addition to bitcoin. Omni could act as the bridge for these chains to interact together.
hero member
Activity: 882
Merit: 1000
Fast block times make for a great platform for financial extensions like Colored Coins, Counterparty, and Mastercoin.  I0coin's lower price means it can support smart contracts and smart assets for a much lower cost than Bitcoin.

^from the op


Does the current i0coin codebase support these types of transactions?

IE: from what I understand ixcoin 9.x can support the op_return being used to run a Colored Coins, Counterparty, and Mastercoin type of system however the bulk of the hashrate from cex and the other main pool are still running on 3.x something so this feature cant be used.

I noticed i0coin is at 8.x, which I believe means that you also can't run counterparty on this.

Am I correct?
newbie
Activity: 37
Merit: 0

I submitted a request to Bittrex to add i0coin to their exchange. 

they don't have voting, so it would be very beneficial the more i0coin supporters who will also request that i0coin be added. 

please contact them at [email protected]

additional info can be found here
https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex-Updated-02-28-15


newbie
Activity: 33
Merit: 0

Bummer man
Comkort is closing  https://comkort.com/
i0coin lost another exchange
member
Activity: 98
Merit: 10
programming never gets boring...
can someone help me ?

don't know if I'm doing something wrong

Code:
C:\dev\coins\i0coin\0.8.6-1\win32\daemon>i0coind.exe importprivkey thesuperextendstringkey "djswallet-address" true
error: couldn't connect to server

C:\dev\coins\i0coin\0.8.6-1\win32\daemon>

i haven't used djswallet 
looks like site is down

the question is if keys are stored locally on you computer or on server
if on server you probably can't recover them


I have a filed named i0coin-djswallet-keys.private, it is a ascii file with the following inside
BIP32 Public Key:
thelongstringhere

BIP32 Private Key:
theotherlongstringhere

member
Activity: 91
Merit: 10
Maybe we need a new exchange

yes!
an asian exchange would be great
its a big market



i0coin has 99 votes already at https://bter.com/voting

Needs a lot more to get listed.


newbie
Activity: 37
Merit: 0
Maybe we need a new exchange

yes!
an asian exchange would be great
its a big market

newbie
Activity: 37
Merit: 0
can someone help me ?

don't know if I'm doing something wrong

Code:
C:\dev\coins\i0coin\0.8.6-1\win32\daemon>i0coind.exe importprivkey thesuperextendstringkey "djswallet-address" true
error: couldn't connect to server

C:\dev\coins\i0coin\0.8.6-1\win32\daemon>

i haven't used djswallet 
looks like site is down

the question is if keys are stored locally on you computer or on server
if on server you probably can't recover them
member
Activity: 98
Merit: 10
programming never gets boring...
can someone help me ?

don't know if I'm doing something wrong

Code:
C:\dev\coins\i0coin\0.8.6-1\win32\daemon>i0coind.exe importprivkey thesuperextendstringkey "djswallet-address" true
error: couldn't connect to server

C:\dev\coins\i0coin\0.8.6-1\win32\daemon>
member
Activity: 112
Merit: 10
Maybe we need a new exchange
member
Activity: 98
Merit: 10
programming never gets boring...
any plans from someone to have web wallet ?

almost 8 GB !!

Have you tried the djswallet?  I'm not sure if it stores the block chain locally or online.

https://djswallet.com/wallet.php



The i0coin block chain folder is now 11.4 GB, but Bitcoin is 32.5 GB.  Not too big yet.  Disk space is cheap.



well, this jdswallet.com result a fraud, after sometime the site went down, the guy says 'store your private keys' but they are invalid :S

--edited
or maybe I'm doing it wrong
Quote
C:\dev\coins\i0coin\0.8.6-1\win32\daemon>i0coind.exe importprivkey thesuperextendstringkey "djswallet-address" true
error: couldn't connect to server

C:\dev\coins\i0coin\0.8.6-1\win32\daemon>
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