Topic: Ixcoin TODO - page 152. (Read 631747 times)

i think its cool they mentioned his IXC activity.

can somone tell me where i can look up the ixcoin Net Hasrate?

to the price: i think the 'old' coins will profit more than most new 2.0 coins. There are so many scams now, after some time, people will head for something more solid without insta-/premine whatever.

do you guys think anything will happen to the price once we reach block 210000? Up? Down? 1 Satoshi? 

thanks

Dear community,

If you think Jeffrey Smith is just a name in substitution of John Doe, well here it is, our board member:

http://www.coinsumm.it

Jeffrey is very busy at the moment

 

Jeffrey is a co-owner of CEX.IO, a multi-functional Bitcoin crypto exchange and cloud mining service. Jeffrey is also a member of the Board of Directors at iXcoin an open source digital currency.

Bitcoin has been popping for a month and it hasn't been taking all the alts with it, particularly the first wave of alts. Look at PPC, XPM, FTC, LTC, NMC, DOGE, etc. All trending down. Some with a couple weak attempts upward and then immediate reversal down.

http://www.devtome.com/doku.php?id=the_first_wave_of_alt_coins_are_dying

It could be the Bitcoin effect:  people selling alts to get into Bitcoin as it prepares to take off.  The same thing happened last year.  It looked immune this year, thus far, but now it's looking like it's gonna take a hit.

I too wish I had the money to buy this low.  

Bitcoin should pop very soon and that should take all the alts with it.

What was up today on cryptsy? crazy patterns and a lot of volume..was somone here?

It seems the halving of iXcoin reward, the code update, and maybe iXcoin on Mintpal are going to happen all close to the end of June. It looks like this summer is gonna be a lot of fun for this community.

whats up with the price? who are those people selling below 10k? miners? people holding the coin since the last low ? panic people selling at a loss from the cex.io launch?

i think this will soon be over, as we could see in the past, not a lot of people are willing to sell at this low prices.

cryptsy orderbook to 14k is still pretty empty, only on cex.io people sell lower.
wish i had the money to take this bite on cex, maybe 50k coins up to 14k satoshi

anyway, its hard to see us leave our solid price floor we stayed for long time now, but i am confident it will go up again soon enough.

We should have some rules for how foundation funds are handled, which will reduce conflicts of interest.  The only thing worse than not having funds is misusing them in the public eye.  Here are some of my thoughts. I know some have already been discussed.

1.  Incoming revenue and outgoing payments are documented publicly.
2.  Outgoing payments are signed by 3 foundation members.
3.  Recipients of payments can't be one of the 3 signers.

We really need some regular income coming into the foundation so we can make steady progress rather than waiting for donations.  This is only a modest amount but as CP is used more and IXC prices increase the revenue stream will increase.

Other suggestions for the development of IXCoin:

1) I think there should be centralized (the official) place for all IXCoin related source codes in the GitHub where the developemnt would take place.
2) When the IXC client is now updated (this is urgent to get the OP_RETURN (and thereby CP) working), I think we should also make the miners fee mandatory as in the bitcoin client.

I like it.  The fees you propose aren't excessive so they shouldn't be a turn off to users.  We really need some regular income coming into the foundation so we can make steady progress rather than waiting for donations.  This is only a modest amount but as CP is used more and IXC prices increase the revenue stream will increase.

This is also the place (I think) Friction has planned the new fee I talked earlier. Instead of having these "self escrows" or whatever, it would be required that an amout of IXCs needs to be transfered to a certain address (this is the "Mastercoin way"), i.e. "the Foundation fee". IMO, that's a good idea, but I wish he would discuss the fee amounts etc here instead of just putting whatever pleases him. IMO, the fees should be rather small (to encourage the use of IXC CP) and also rather simple (to prevent complications in the long term). My preferered way would be to have the amount send to Foundation to be exactly the same amount as paid to miners regardless of the CP action. This would be very easy to check from the implementation point of view (so easy that it could be easily implemented as native if needed) needing no adjustments in the future, and IMO it is also fair ("half to miners, half to the Foundation"). Also from the users's perspective, it would not be too expensive (double of making a normal IXC transfer).

During initial development various community members were stepping up to make suggestions on how to build mastercoin. Jr willit made it clear he did not have time for development so others took over. From what i now know of pierce, he is a control freak and a shrewd business person. He immediately latched on to mastercoin and put himself at the top. Rbdrbd, aka robby, came up with mastercoind as a possible implementation. This was suggested to the now newly formed board. His ideas were rejected in favor of other implementations. Mastercoind then became counterpartyd and counterparty was born.

Whereas i initially thought it was some dispute that caused counterparty, now im not that sure. Given brocks past as told through the eyes of phinneus gage, it is entirely possible that pierce had a hand in the creation of counterparty as it kinda felt underhanded. Look at how brock ran den as an example, him and yantis were competitors initaly. For it is far better to be and be in control of your competitor then not be.

The bitcoin core devs  never liked and or wanted 80 byte op return to function in the manner which counterparty and mastercoin proposed to use it. They most likely restricted its use, not pierce.

And finally, man i wouldn't touch pierce with a 10 foot pole even if someone was holding that pole. That pedo stuff is fucked up. Way way way to much info for it to be just circumstantial.

The Master Protocol was originally specified to embed data in the block chain using fake bitcoin addresses (Class A), but we've since come up with a more blockchain friendly method which embeds data in a bitcoin multi-signature transaction (Class B). Once bitcoin miners start supporting the new OP_RETURN opcode as part of version 0.9 of the Bitcoin reference client, Master Protocol will be able to use that opcode to make the Master Protocol data completely prune-able (Class C)

When you are using CP, you have the bitcoin daemon (client) running in the background. So CP client just creates the bitcoin transaction to be sent by the bitcoin client, so everything is working through the bitcoin client. But there is no manual "fee sending process" for the user if that's what you are wondering.