I sent you doublec 1000 ioc. However, if you read my post, the 5 btc and rewards were if you lowered the reward from 48 to 1 within the near future. The reason to make a coin different than btc or nmc with merged mining. I can't seem to mine with the new client, it crashes when I find a block.
Nasakioto wants someone to convert ixcoin into merged mining and has also offered a bounty for someone to do so. I have a bounty for ixc too. However, I would be extremely happy if one of these coins became a true low inflation cryptocurrency with a 1 block reward.
But I offer to you 15 BTC if you change the reward such that on or before block 300,000 for ioc or block 100,000 for ixc the reward drops to 1 permanently. I would also prefer a mandatory automatic transaction fee to prevent attacks and control size. Also there must be a pool that exists to merge mine btc, nmc, ixc, and ioc all at once before reward is paid and be pretty sure everyone switched and on the new block.
The ixc offered in my ixc reward will still exists, but the 5 BTC is now the new 15 BTC reward.
So either (96 to 1 for ixc) or (48 to 1 for ioc) with merged mining and a pool for 15 BTC.
Dilution is not the solution to pollution.
I sent you doublec 1000 ioc. However, if you read my post, the 5 btc and rewards were if you lowered the reward from 48 to 1 within the near future. The reason to make a coin different than btc or nmc with merged mining. I can't seem to mine with the new client, it crashes when I find a block.
Yes, I saw your request for a drop to the reward. I won't be changing i0coin since this changes the value of existing held coins. It would mean i0coin would effectively be a new coin with a large 'premine' given to people who mined previously. My plan was to fix i0coin bugs, implement merged mining, but leave the generation rate, transaction fees, and values as they are since they are what gives a coin variant its identity. Plus I'd like to avoid the claims of arbitrary changing of values by a 'coin dictator'.
For ixcoin you should contact the coin creator with your idea of dropping the rate. If they agree I'd be willing to provide the patches, a pool, etc. I'd be interested in seeing what a slower generation coin does. Current coins seem to have more coins available than people need to use since their is very little non-trading usage of them. Since ixcoin already has a premine and a 'controller' it may not be so bad to change things.
Now that merge mining exists a possibly better approach for these "lets change a coin's features" requests is to create a new chain starting with no premine with the new features. Merge mine it with existing coins. Provide an exchange to trade between new coin and old coin, and see how they go.
1. The value of existing coins should increase. The owners of existing coins should be upset at all future mining as it dilutes the value of their coins. I don't think you would be changing value, other than increasing the value to existing owners. The only purpose of mining is to protect the network and possibly advertise it.
2. I now own 50K IXC, so I am a little selfish here. As I would like to see my coin go up in value and everyone had and has the chance to mine ixc. There is even a pool at coinotron. Nasakioto would have to make the decision, and in an earlier post he claimed the reward was hardwired into the code.
3. I noticed ixcoin.org is now up after a month down with many spam posts. Maybe Nasakioto is taking your code and fixing it already for ixcoin.
4. If nasakioto says no, I would be game to starting a new coin. Where there is zero premine. Maybe a 100 reward for the first 10,000 blocks, 1000 reward for the next 45,000 blocks, then a 1 reward forever. With 1 block every 2 minutes. Thus all coins out in about 2.54 months. Difficulty change every 120 blocks with a 1 permanent transaction fee. Maybe call the coin goldcoin - where inflation is less than gold. The inflation rate would be 0.57% after 2 months. Maybe IXC should be renamed?
. It will be the 1st true digital currency.
