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Topic: New Ixcoin fork -> I0coin - page 35. (Read 217119 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 02, 2011, 08:52:07 AM
What's happening with i0coin bitcoin exchange right now seems to be an exact copy of what's going on on mtgox  Cheesy
hero member
Activity: 686
Merit: 564
September 02, 2011, 07:36:50 AM
Unless I missed something, the new and old clients won't talk to each other, and therefore won't share blocks.  Mining on one side of the chain fork isn't going to affect the other.
Won't share blocks, but some transactions that are valid on one side are also valid on the other.

Edit: In particular, if there are exchanges or other deposit-holding institutions on both sides of the fork, someone could try sending the same coins to a different one on each side, then withdraw their money and hope to get coins that a valid on both sides of the fork each time. The transactions wouldn't naturally propagate across but...
sr. member
Activity: 435
Merit: 260
September 02, 2011, 06:20:00 AM
there is a link with fixed windows client?
mrb
legendary
Activity: 1512
Merit: 1028
member
Activity: 112
Merit: 10
September 02, 2011, 02:46:10 AM
Oh, case in point. Exchanges switched to ix.2, so if there was activity on ix.1 and people tried sending coins to an exchange ... they'd be lost.

Well, they'd be lost on the old chain.  If they upgrade to the new client, they'd get those coins back because the new chain never saw the transaction.

True, but if the old chain doesn't rapidly die the way Thomas expects then he does indeed have a problem. After all, the choice to switch is up to the users. The new chain doesn't work and won't for a while because the blocks are coming stupidly slowly. If the old chain doesn't have a problem any more then a lot of the unawares people will just never switch. And the coins may not be "truly" lost but users have a tendency to blame the author of a system for every problem. Like how many people get pissed at the makers of strong encryption when they lose their data.

"HEY THIS PGP STUFF SUCKS I LOST ALL MY DATA"
sr. member
Activity: 266
Merit: 251
September 02, 2011, 02:42:18 AM
Oh, case in point. Exchanges switched to ix.2, so if there was activity on ix.1 and people tried sending coins to an exchange ... they'd be lost.

Well, they'd be lost on the old chain.  If they upgrade to the new client, they'd get those coins back because the new chain never saw the transaction.
member
Activity: 112
Merit: 10
September 02, 2011, 02:34:49 AM
Oh, case in point. Exchanges switched to ix.2, so if there was activity on ix.1 and people tried sending coins to an exchange ... they'd be lost. Unless the exchange switched back. An exchange pretty much -must- pick one post-fork chain and can't just change later... pretty massive risk. If it's proven to be this easy for a couple jackasses with graphics cards to make such a major issue for the currency then *BOOM* goes its value, and Thomas's 1,160,000 pre-mined coins (remember, the block chain forked and won't coalesce!!) won't be worth the crap I'm gonna be taking before bed.
member
Activity: 112
Merit: 10
September 02, 2011, 02:32:20 AM
iX 0.002XX
i0 0.001XX Huh

i0coin needs more promotion, twitter, facebook, forums... or... create a thread on speculation section and profit Grin

i0coin needs more people to mine on the ORIGINAL ixcoin chain. Thomas fucked up his "fix" big time and a little creativity (and a fair bit of hashing power) could pretty much permanently kill ixcoin.

Unless I missed something, the new and old clients won't talk to each other, and therefore won't share blocks.  Mining on one side of the chain fork isn't going to affect the other.

Except a lot of people haven't upgraded. And if you have half the users suddenly able to do transactions on the old chain again ... well, it'd be really funny to see how many ditch ixcoin.2 for ixcoin.1 when ixcoin.1 lets you send coins and ixcoin.2 doesn't because it's not publishing blocks at a useful rate... It'd be really funny to see how many people realize ixcoin is just a complete joke when they find such a major change with such potential catastrophe had to be made so early in the client's lifetime: and only because Thomas couldn't keep people mining after it became obvious to most people that this was a giant scam to start with.
sr. member
Activity: 266
Merit: 251
September 02, 2011, 02:26:14 AM
iX 0.002XX
i0 0.001XX Huh

i0coin needs more promotion, twitter, facebook, forums... or... create a thread on speculation section and profit Grin

i0coin needs more people to mine on the ORIGINAL ixcoin chain. Thomas fucked up his "fix" big time and a little creativity (and a fair bit of hashing power) could pretty much permanently kill ixcoin.

Unless I missed something, the new and old clients won't talk to each other, and therefore won't share blocks.  Mining on one side of the chain fork isn't going to affect the other.
member
Activity: 112
Merit: 10
September 02, 2011, 02:17:27 AM
iX 0.002XX
i0 0.001XX Huh

i0coin needs more promotion, twitter, facebook, forums... or... create a thread on speculation section and profit Grin

i0coin needs more people to mine on the ORIGINAL ixcoin chain. Thomas fucked up his "fix" big time and a little creativity (and a fair bit of hashing power) could pretty much permanently kill ixcoin.
legendary
Activity: 1694
Merit: 1002
September 02, 2011, 01:18:01 AM
New Exchanger  IXC/BTC https://btc-e.com/ixc_exchanger
member
Activity: 72
Merit: 10
September 01, 2011, 11:22:40 PM
iX 0.002XX
i0 0.001XX Huh

i0coin needs more promotion, twitter, facebook, forums... or... create a thread on speculation section and profit Grin
newbie
Activity: 61
Merit: 0
September 01, 2011, 03:49:07 PM
Is anyone else having trouble signing in here?

https://i0exchange.bitparking.com/main

EDIT:

nevermind, I created a new account, and it is working for me now.
hero member
Activity: 532
Merit: 500
August 31, 2011, 08:38:13 PM
Lumpy is a stand up guy.. i'll vouch for you in the future if you ever need it for sales or whatever.

thanks for quite a bit more than the bounty
Lol,I guess I'm Lumpy. Grin
sr. member
Activity: 476
Merit: 250
moOo
August 31, 2011, 07:49:00 PM
Lumpy is a stand up guy.. i'll vouch for you in the future if you ever need it for sales or whatever.

thanks for quite a bit more than the bounty
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 31, 2011, 04:44:08 PM
lol
full member
Activity: 135
Merit: 100
August 31, 2011, 10:42:33 AM
Guess digbtc is just massively unlucky. Estimated network hashrate is ~95Gh/s and the last 60 blocks were ~120s/block average -> another 30% or so diff decrease at block 19200 (= in about 2h or so at current hashrate).

Phew! Zombieround is over, after 90 minutes. I can relax again.
sr. member
Activity: 406
Merit: 257
August 31, 2011, 10:19:49 AM
Guess digbtc is just massively unlucky. Estimated network hashrate is ~95Gh/s and the last 60 blocks were ~120s/block average -> another 30% or so diff decrease at block 19200 (= in about 2h or so at current hashrate).
full member
Activity: 135
Merit: 100
August 31, 2011, 10:12:07 AM
Does anybody knows, is existed anywhere some kind of blockexplorer for i0coins ?

I also want to know! Current round at i0.digbtc.net is over 60 minutes. Difficulty adjustment at this pace is going to take some time.
member
Activity: 80
Merit: 10
August 31, 2011, 09:43:03 AM
Does anybody knows, is existed anywhere some kind of blockexplorer for i0coins ?
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