So what is the purpose of this new chain? Or is it really just like Ixcoin in that it's an exchange-only currency?
Pretty much the same I would say.
Topic: New Ixcoin fork -> I0coin - page 86. (Read 217126 times)
Pretty much the same I would say.
I'm currently mining the i0.btcguild.com test pool, and there's an unusually high number of rejected shares (like 50%!). Anybody else seeing this?
So what is the purpose of this new chain? Or is it really just like Ixcoin in that it's an exchange-only currency?
so how do you go about getting an address for i0coin? I guess there is a new client?
in the initial stages if you just want to accept i0coin but don't want to fiddle with a client, just wait for doublec's i0coin exchange to launch and get an address there.
that's still the only place i've ever held ixcoins
so how do you go about getting an address for i0coin? I guess there is a new client?
Why would anyone complain about extra coins at absurdly low difficulty? It will go in minutes so whats the problem?>
huge number of orphan blocks and chain splits due to blocks going by every few seconds. it'll make the currency unusable for anything without a large confirmation count until it settles down. 
Can you provide a summary of the differences? Number of coins you've decided to generate, how often, etc?
- 48 coins per block- One block each 5 min
- Difficulty changes every 7 days or 2016 blocks
Guys, you're free to inspect the latest commits and try to find flaws on the recent changes
Why not 50 coins per block like bitcoins? Will be easier for people trying to use mining calculators... they would just have to double what they get from a standard bitcoin mining calculator. Plus it will be simpler for everyone. There's no need to follow ixcoins 96 coins, right?
That's the only reason I can see
Can you provide a summary of the differences? Number of coins you've decided to generate, how often, etc?
- 48 coins per block- One block each 5 min
- Difficulty changes every 7 days or 2016 blocks
Guys, you're free to inspect the latest commits and try to find flaws on the recent changes
Why not 50 coins per block like bitcoins? Will be easier for people trying to use mining calculators... they would just have to double what they get from a standard bitcoin mining calculator. Plus it will be simpler for everyone. There's no need to follow ixcoins 96 coins, right?
any precompiled exes available yet?
+1, I have already tested i0.btcguild.com, but want to test out some solo mining prior to launch!
any precompiled exes available yet?
Can you provide a summary of the differences? Number of coins you've decided to generate, how often, etc?
- 48 coins per block- One block each 5 min
- Difficulty changes every 7 days or 2016 blocks
Guys, you're free to inspect the latest commits and try to find flaws on the recent changes
I would highly recommend starting at least difficulty 128 - 512. Difficulty = 1 will be absolute chaos when I'm guessing 50~100 GH/s coming just from I0 Guild. Miners are hundreds of times faster than when Bitcoin began at Difficulty=1.
Why would anyone complain about extra coins at absurdly low difficulty? It will go in minutes so whats the problem?>
I would highly recommend starting at least difficulty 128 - 512. Difficulty = 1 will be absolute chaos when I'm guessing 50~100 GH/s coming just from I0 Guild. Miners are hundreds of times faster than when Bitcoin began at Difficulty=1.
Why not change the difficulty at 1/4 the blocks? Like 504 or even less than that like every 126 blocks? Then you don't have to do the minutes, or if you did, the difficulty could change every couple of days and be much more fluid.
I posted this on btcguilds thread:
Start the difficulty out at even 64 or 128 and the blocks will still fly fast but at 1 a pool will be fighting over their own shares for which one is first.
I posted this on btcguilds thread:
Quote
Invalid blocks are crazy and each block is mined in seconds.
I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.
I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.
Start the difficulty out at even 64 or 128 and the blocks will still fly fast but at 1 a pool will be fighting over their own shares for which one is first.
My vote is for difficulty 1. I wanna know what it is like to mine at the easiest difficulty possible just like Satoshi did!
Why not change the difficulty at 1/4 the blocks? Like 504 or even less than that like every 126 blocks? Then you don't have to do the minutes, or if you did, the difficulty could change every couple of days and be much more fluid.
I posted this on btcguilds thread:
Start the difficulty out at even 64 or 128 and the blocks will still fly fast but at 1 a pool will be fighting over their own shares for which one is first.
I posted this on btcguilds thread:
Quote
Invalid blocks are crazy and each block is mined in seconds.
I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.
I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.
Start the difficulty out at even 64 or 128 and the blocks will still fly fast but at 1 a pool will be fighting over their own shares for which one is first.
48 coins, every 5 minutes, 2016 blocks for difficulty change, each week.. max round of 2 weeks before diff change
I believe the max round length is going to be 7 days now (please confirm) which is the same as 5*2016 minutes. I'm not sure whether it's a good thing or not but I think this'll mean that the time limit will occur 50% if mining capacity doesn't increase during a new block
heheheheheh on the i0coin website it says "secs" heheheheheh 
mine just says NOW
Quote
Can you provide a summary of the differences? Number of coins you've decided to generate, how often, etc? Putting this on the i0coin page would be good.
48 coins, every 5 minutes, 2016 blocks for difficulty change, each week.. max round of 2 weeks before diff change, so none of those problems namecoin has, i believe their are limits to how much diff can change, but not sure.
wallet encryption
address checks
no pre-mined coins
everyone gets in on day one.
You can mine at I0Guild with the same miner you already use. Just signup for an account, setup your worker, and mine away. You can test your setup now (we're using the "testnet" i0coind right now). The rewards/shares from the test pool will be wiped clean once the OFFICIAL i0coind is released.
If someone is mining against the IOcoin testnet via i0.btcguild.com when the test is concluded and the live block chain starts, will they seamlessly start mining against the live block chain?
In other words, if I point a miner at i0.btcguild.com 30ish minutes before the switch from test to live, will it "just work", no interaction required on my part?
Thanks,
Kx
Correct. When the switch happens your miner will stop working for a minute or so, then pick up again on the live i0coin network.
You can mine at I0Guild with the same miner you already use. Just signup for an account, setup your worker, and mine away. You can test your setup now (we're using the "testnet" i0coind right now). The rewards/shares from the test pool will be wiped clean once the OFFICIAL i0coind is released.
If someone is mining against the IOcoin testnet via i0.btcguild.com when the test is concluded and the live block chain starts, will they seamlessly start mining against the live block chain?
In other words, if I point a miner at i0.btcguild.com 30ish minutes before the switch from test to live, will it "just work", no interaction required on my part?
Thanks,
Kx
Can you provide a summary of the differences? Number of coins you've decided to generate, how often, etc? Putting this on the i0coin page would be good.
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