You must be asking if I0coin (I 'zero' coin) is disguised as I/O coin. I don't see how considering I0coin existed three YEARS before I/O coin. I don't know why the I/O coin dev chose a name so close to ours. It confuses a lot of people.
Look at block 1 for I0coin. It's dated Aug 16, 2011.
https://chainz.cryptoid.info/i0c/block.dws?000000003bd07007793dfc435377b7b01d5072233e186fc214b78cd4d1960901.htm
yeh, if anything I/Ocoin is trying to take on i0coin's identity
Makes you wonder doesn't it.
I0coin's network hash rate is about 100,000 times that of I/O coin. That's five orders of magnitude higher. They have different algorithms and may not be directly comparable, but I0coin so out paces I/O coin that it's clear which one is more secure.
don't forget to mention that i0coin has 3-4 times the market cap of I/O coin