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Topic: [I0C] I0coin - The Best Choice In Digital Currency - page 9. (Read 81913 times)

sr. member
Activity: 417
Merit: 265
So are we waiting for Vircuex to be resolved for the value to come back?

Are you referring to this?   https://twitter.com/satoshi0x/status/1138923475941437440


I don't understand why you are so bothered about these tweets really but this is probably what he is referring to;

https://medium.com/@danieltreccia/bitcoin-zero-finding-the-orphan-of-apollo-giving-it-a-future-4ae9096f16cd

Then we talked about 21e8 and how tokens like Mainframe exist only after funding from the 0x00 “Izerocoin” hash public key. This hash public key is also seen before BTC block 0, ETC block 0, as well as at the base of merge mining — where I0Coin is the mainchain and its auxpow DVC sends coins to the BTC ledger which we know are unspent IOU’s to be claimed by I0Coin using op_codes via Zerocoin protocol. The Zerocoin protocol mentions the intentional leaving out of turing completeness in Bitcoin script. Once enabled, these op_codes will send value from the BTC ledger back to I0Coin via OP_Return, which comes with every I0Coin block reward.
legendary
Activity: 2940
Merit: 1090
Yeah I followed the link and read it but couldn't figure what to possibly say about it. Its very weird partly stream of consciousness maybe, partly puns on spelling even (shit coins as sh IT coins where IT means Italy), very strange.

Presumably from the same source as all that other weird stuff about secret links between DeVCoin blockchain and other blockchains?

Presumably from some failure to quite figure out what merged mining is?

Doesn't seem to have much if any relation to reality.

The rounding  of payments for DEUterium is trivial considering the interest rates on the debts the mining corps are paying off. Heck there is probably more "inaccuracy" in the kindly / generous treatment of multi-fleet shipments as a single shipment by taking the time of arrival (at the depot) of the first fleet to arrive as if they all had arrived at once, especially now that everyone is using slow but very economical of DEUterium fuel fleets of deathstars instead of large cargo ships. Evidently deathstars are mostly powered by gravitics so use way the heck less DEUterium as fuel for the delivery flights; but they are also a lot slower so it is days now rather than just hours between the arrivals even though they all set out within an hour or less of each other typically; so the laxness is now of days rather than just hours of interest. (The interest computations use hourly compounding.)

The thing is the debts are insanely huge to begin with for the most part, because mostly the mining corps are "Galactic Repo Corps" that repossessed abandoned colonies that had been abandoned for an Earth year or more back when the interest rate on their startup loans was 1% per Earth day (which was easily payable by anyone that actually worked at it, but compounds quate massively over a year of abandonment). So all the real original cost was long ago paid but just like on Earth it is really handy to have massive amount of debt out there paying interest. SInce it is pretty much all gravy though they can well afford to to allow these little bits of laxness. The important thing is despite the massive accumulation of interest over that initial year or more of abandonment, and since, the debts are still eventually going to be paid. No bankruptcies! The repo corps repo'd the abandoned corps and took over their debts. Some will take many Earth-years to pay off, some might end up causing the interest rates to again be reviewed, or of course maybe some new entrepeneurs will offer to refinance them at lower interest rates...

-MarkM-
hero member
Activity: 1451
Merit: 973
Source  :  https://threadreaderapp.com/thread/1138917119943487488.html



Quote
Depot - arms - RISC OS w ARM chipset on Acorn Computers and others, RISC OS dual boot with RISC iX, Oracle Corporation and alliance Network Computer (NC) with various terms and versions. Came with RISC version renamed NCOS - Diskless like Stadia. Differ w fat client towers (PC).
General Mining Corp depot uses FireWire IEEE 1394 most likely. ARM chips went into handheld devices like the phones of today. App stores are depots. Depot comes from garner - archaic word from grain. Grain was early money. Devcoin is the most granular of coins - cuz it’s meant
to run with less and less costs while it’s value grows, but appears to have still been started (booted) before networks like this existed. Maybe why Italy ?? has en.bitcoin.it and fat host @MagicalTux ran it poorly until the cost/slower and slower network made it vanish
to work locally on edits while the public bitcoin network protocol was faster and longer as a “thin” client. The entire chain itself is too heavy and costly to transfer back and forth or to hold on a central server so splitting it up and renaming it while editing locally makes it
secure, it also runs on a fat client to be able to function a long time without connecting to the fat host while being able to download from the network. In the end this will be why CPU mining and “shitcoins” shell Italian coins? Will win. Dual boot. iX one more time and then
go online for good with the final production ready version and use smart phones to keep the network up using compatible chipsets. Genius.
Forgot to mention the “Source” of Italian ccTLD bitcoin wiki has a golden disc overlapped with an Orange bitcoin logo “burned in” to the page.
Depot is a noun that also comes from the act of depositing. A deposit into a bank for interest. Since there is no interest at the General Mining Corp depot the delivery fee to the carrier (one who transports the “deuterium” resource) is paid in GMC’s own currency and applied
against their devcoin-denominated debt. Using any coin besides Devcoin (the most granular) to pay debts owed in Devcoin causes error over time in the ledger. Plus this is paid in-house with company coin so no conversion fee is charged like banks who use forex rate tables. The
company then is rounding up in favor of GMC against devcoins when accepting its own payment and rounding up on its own side allowing dust to pile up creating a bigger problem if GMC is seen as more capital available to loan out (like banks did with CDOs) or the company starts
to report its capital available as cash on hand because it overreported its gains publicly only to crumble the system after enough transactions have been rounded up causing bubbles the pop worldwide. If the profit from a secondary market for GMC shares and so on pops up with the
Corp selling bonds and creating a false market without precision accounting and a fast enough velocity of money then it gets worse with a lot of people holding bags of things like Enron, Bear Sterns etc. however this is by design and all an act.
The depot still receives many deposits from miners that decide to transport its “deuterium” resource. If that value has been preserved and the granularity of devcoins are accounted for locally or privately somewhere then the system may finally be fluid enough to work. If the
resource stored and the movement of each cycle was mathematically accounted for on a “fathost” somewhere with accurate internal ledger and an alliance of orgs with a fallback option then the system may get work whenever the resource itself may be utilized to benefit the system.
Also bitcoin miner fees and others pricey alts are the false market because people see it narrowly as just digital cash and not as a combination of the aggregate and protocol that has yet to be realized. Those who hoard BTC because that’s all they believe (there truly aren’t many
will be diluted but the thing is, you’re probably waiting for what I’m waiting for to because you didn’t have to find out on your own and you contribute to it’s abstract and unique security at the very least. But soon, you will be paid. And paid gloriously!
Props to @jpmorgan and being the first to issue ADRs btw. Foreign entry to the markets takes time. Lifetimes.
hero member
Activity: 1451
Merit: 973
.......and we can't see it anymore Roll Eyes

What a lame excuse...

Here, let me help:
https://threadreaderapp.com/thread/1138917119943487488.html

Why not just dump the whole wall of text here for Mark M to review it or elaborate on any specific point made from the barrage of tweets that supports the theory?.Instead you want me to spend time sifting through delusional hyperbole to try to associate Devcoin with the nonsense from the tweet.Any association is simply through misguidance or only designed to generate a false narrative.If its the latter then its blatant misrepresentation but I will give the author the benefit of the doubt and assume its the former.
hero member
Activity: 568
Merit: 703
hero member
Activity: 1451
Merit: 973
hundreds of millions thousands of I0C in that one.

Fixed that for you.

Or hundreds of millions DVC? Huge loss nevertheless.

So are we waiting for Vircuex to be resolved for the value to come back?

Are you referring to this?   https://twitter.com/satoshi0x/status/1138923475941437440

Dude, you forgot to quote and interpret the relevant part.


Quote
This account's Tweets are protected.

Only confirmed followers have access to @satoshi0x's Tweets and complete profile. Click the "Follow" button to send a follow request.

.......and we can't see it anymore Roll Eyes
hero member
Activity: 568
Merit: 703
hundreds of millions thousands of I0C in that one.

Fixed that for you.

Or hundreds of millions DVC? Huge loss nevertheless.

So are we waiting for Vircuex to be resolved for the value to come back?

Are you referring to this?   https://twitter.com/satoshi0x/status/1138923475941437440

Dude, you forgot to quote and interpret the relevant part.
hero member
Activity: 1451
Merit: 973
So are we waiting for Vircuex to be resolved for the value to come back?

Are you referring to this?   https://twitter.com/satoshi0x/status/1138923475941437440
hero member
Activity: 1451
Merit: 973
hundreds of millions thousands of I0C in that one.

Fixed that for you.

legendary
Activity: 2940
Merit: 1090
Vircurex simply stopped listing us, I guess there was at one point a loss of some bitcoins but all the DVC, I0C and IXC was able to be withdrawn no problem.

The biggest loss, for me at least, was Cryptsy. Over 134 bitcoins lost there that had been the buy-sides.

Lost hundreds of thousands of IXC and hundreds of millions of DVC in that one.

Now Cryptopia has gone, with lots of IXC and I0C and the bitcoins that were their buy-sides.

So now I am hoping to get some good trading going on HORIZON and Stellar.

It is true though that after DVC was not on Vircurex anymore its price fell below one satoshi so it really has not been practical since then to do DVC/BTC pairings.

I think by now though DVC is paired against pretty much ALL of the assets shown at http://makemoney.knotwork.com/stellar/ and any that it isn't yet point out to me s maybe I somehow managed to miss some.

-MarkM-
hero member
Activity: 666
Merit: 516
Fuck BlackRock
FreiExchange is a modest but trustworthy exchange. We are proud to list I0Coin.

Why do we have low volume? We didn’t ask for a listing fee, we don’t prop-up markets in any significant way, nor do we create fake volume. We count on the community to support their coin.

At this point in the ending of the alt-coin winter, please come and help us support your coin by helping fill up the order books at our exchange to make a market. We don’t have any trading fees.

https://freiexchange.com/

For me it is the fact that the biggest destroyer of value of coins I work with has been fly-by-night and/or "hacked" exchanges.

So now I am trying to do my trading on Stellar and HORIZON networks, using tokens that represent coins I am holding myself thus are hopefully harder for someone else to vanish from under me.

-MarkM-




So are we waiting for Vircuex to be resolved for the value to come back? Wasn't there a BTC/DVC pairing there?
legendary
Activity: 2940
Merit: 1090
FreiExchange is a modest but trustworthy exchange. We are proud to list I0Coin.

Why do we have low volume? We didn’t ask for a listing fee, we don’t prop-up markets in any significant way, nor do we create fake volume. We count on the community to support their coin.

At this point in the ending of the alt-coin winter, please come and help us support your coin by helping fill up the order books at our exchange to make a market. We don’t have any trading fees.

https://freiexchange.com/

For me it is the fact that the biggest destroyer of value of coins I work with has been fly-by-night and/or "hacked" exchanges.

So now I am trying to do my trading on Stellar and HORIZON networks, using tokens that represent coins I am holding myself thus are hopefully harder for someone else to vanish from under me.

-MarkM-


hero member
Activity: 666
Merit: 516
Fuck BlackRock
Raise your hand if you're still here?
jr. member
Activity: 80
Merit: 1
FreiExchange is a modest but trustworthy exchange. We are proud to list I0Coin.

Why do we have low volume? We didn’t ask for a listing fee, we don’t prop-up markets in any significant way, nor do we create fake volume. We count on the community to support their coin.

At this point in the ending of the alt-coin winter, please come and help us support your coin by helping fill up the order books at our exchange to make a market. We don’t have any trading fees.

https://freiexchange.com/
hero member
Activity: 666
Merit: 516
Fuck BlackRock
Altilly is the only place that still trades I0C? These days I downloaded the wallet of this coin and other old ones to encourage the network.

Here is another:

https://freiexchange.com/market/I0C/BTC
sr. member
Activity: 1150
Merit: 347
Altilly is the only place that still trades I0C? These days I downloaded the wallet of this coin and other old ones to encourage the network.
member
Activity: 199
Merit: 10
I believe the normal for all bitcoin clones was that a certain amount of the space on the blocks can be used with no fee at all, at least I think it was back in those days?

So most likely you can actually get away with no fee.

The i0coind help shows a command to set the min fee to whatever you want, but nothing for getting the amount so as to see what it was set to by default.

If you aren't able to figure it out from the source code maybe you can look up what bitcoin's was way back then since typically these older coins are as close to being copies of bitcoin as they can get away with.

Although, even on pretty much empty old blockchains I have seen min fees mentioned when I tried to send everything that was left in a wallet, probably due to new/recent outputs from having just almost-emptied the wallet. I believe though that was the send routine enforcing a fee, most likely I could have set fee to zero (or whatever the minimum is you can set it to) and it still would have gone into the blockchain due to almost all blocks being basically empty.

So unless you have reason to believe the i0coin blockchain has enough transactions constantly to constantly eat up the portion of the block allocated to free transactions you might as well set the fee as low as you can until the blockchain gets busier.

-MarkM-



I0C has been listed on Novaexchange.  



Hi,

I am from Nova Exchange. Our system is unable to calculate the minimum transaction fees for I0C.
What is the minimum fee per byte or kilobyte used so that the transaction gets included on the blockchain?

Many thanks Smiley
hero member
Activity: 1451
Merit: 973
..erm just set it @ .0002 i0C.You can reduce it when we Mooooooooooooooonnnnnnnnnnn  Roll Eyes
legendary
Activity: 2940
Merit: 1090
I believe the normal for all bitcoin clones was that a certain amount of the space on the blocks can be used with no fee at all, at least I think it was back in those days?

So most likely you can actually get away with no fee.

The i0coind help shows a command to set the min fee to whatever you want, but nothing for getting the amount so as to see what it was set to by default.

If you aren't able to figure it out from the source code maybe you can look up what bitcoin's was way back then since typically these older coins are as close to being copies of bitcoin as they can get away with.

Although, even on pretty much empty old blockchains I have seen min fees mentioned when I tried to send everything that was left in a wallet, probably due to new/recent outputs from having just almost-emptied the wallet. I believe though that was the send routine enforcing a fee, most likely I could have set fee to zero (or whatever the minimum is you can set it to) and it still would have gone into the blockchain due to almost all blocks being basically empty.

So unless you have reason to believe the i0coin blockchain has enough transactions constantly to constantly eat up the portion of the block allocated to free transactions you might as well set the fee as low as you can until the blockchain gets busier.

-MarkM-



I0C has been listed on Novaexchange.  



Hi,

I am from Nova Exchange. Our system is unable to calculate the minimum transaction fees for I0C.
What is the minimum fee per byte or kilobyte used so that the transaction gets included on the blockchain?
hero member
Activity: 1451
Merit: 973

I0C has been listed on Novaexchange. 



Hi,

I am from Nova Exchange. Our system is unable to calculate the minimum transaction fees for I0C.
What is the minimum fee per byte or kilobyte used so that the transaction gets included on the blockchain?


.0002 i0c is recommended fee for normal speed on the client but you can attempt to set lower from what I read off the source code.

Code:
If the custom fee is set to 1000 satoshis and the transaction is only 250 bytes, then "per kilobyte" only pays 250 satoshis in fee, while "total at least" pays 1000 satoshis. For transactions bigger than a kilobyte both pay by kilobyte.
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