Pages:
Author

Topic: Restart your Ixcoin client (Read 2685 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 02, 2011, 09:24:24 PM
#33
What would be _PERFECT_ is if ixcoin's original block speed target was at least mostly met for a while. Then (especially uninformed) people would never upgrade. And many ixcoin.2 people would switch back. Then throw as much has as we absolutely can get (Hey, Artforz, want in?) for a couple weeks... get difficulty _WAY_ up, then all abandon simultaneously one block after a difficulty adjustment.

The two block chains would be nearly impossible to reconcile because Thomas made them two different p2p networks and protocol versions. And ixcoin.2 would be mostly abandoned and ixcoin.1 would be retargeting in 2150. Smiley

The old .1 blockchain is useless, wasted resources if you hash on it. You can't stop the new chain to reach block 20055, then the new retargeting gets active. It all depends on the new chain, if exchanges and pools are switching... Mining on the orphan chain won't have any effect on the new one. The people who support the new chain will switch, and this new support will define the value of the new chain...

What defines the value of the chain is the people who mine on it and use it to transact in. Otherwise it is rubbish.
full member
Activity: 168
Merit: 100
September 02, 2011, 04:00:30 AM
#32
What would be _PERFECT_ is if ixcoin's original block speed target was at least mostly met for a while. Then (especially uninformed) people would never upgrade. And many ixcoin.2 people would switch back. Then throw as much has as we absolutely can get (Hey, Artforz, want in?) for a couple weeks... get difficulty _WAY_ up, then all abandon simultaneously one block after a difficulty adjustment.

The two block chains would be nearly impossible to reconcile because Thomas made them two different p2p networks and protocol versions. And ixcoin.2 would be mostly abandoned and ixcoin.1 would be retargeting in 2150. Smiley

The old .1 blockchain is useless, wasted resources if you hash on it. You can't stop the new chain to reach block 20055, then the new retargeting gets active. It all depends on the new chain, if exchanges and pools are switching... Mining on the orphan chain won't have any effect on the new one. The people who support the new chain will switch, and this new support will define the value of the new chain...
member
Activity: 112
Merit: 10
September 02, 2011, 03:20:02 AM
#31
i've downloaded it and started it on my computer just to annoy thomas :-P

Everyone who thinks ixcoin is a scam should do that, and mine on it.
Done
How much hash?

What would be _PERFECT_ is if ixcoin's original block speed target was at least mostly met for a while. Then (especially uninformed) people would never upgrade. And many ixcoin.2 people would switch back. Then throw as much has as we absolutely can get (Hey, Artforz, want in?) for a couple weeks... get difficulty _WAY_ up, then all abandon simultaneously one block after a difficulty adjustment.

The two block chains would be nearly impossible to reconcile because Thomas made them two different p2p networks and protocol versions. And ixcoin.2 would be mostly abandoned and ixcoin.1 would be retargeting in 2150. Smiley
full member
Activity: 172
Merit: 283
Thomas Nasakioto
September 01, 2011, 07:47:16 PM
#30
So my question is, come block 20055, will we see an immediate difficulty drop?  Or will we have to wait 24hrs for the new algorithm to evaluate block velocity first?

Quote
A new difficulty adjustment algorithm will activate on block 20055. The current block count is 19968 so we should hit this count in about ~2 weeks. After that, difficulty retargets every 144 blocks (i.e. every 24 hours) with max increments of 10% and max decrements at 400% (like Solidcoin). The aim is to achieve a much more consistent block rate. (commit)  (commit2)

You will have to wait until 144 blocks occur, so ~3weeks give or take.

I thought it's using the same difficulty algo as Solidcoin though, where if there weren't 144 block solves by the 24hr mark, difficulty would retarget automatically.

The new difficulty algo will reduce the speed at block 20130 by 4x. After that, it'll continue readjusting every 144 blocks. If it does take longer than 24 hours to mine the next 144 blocks, it'll decrease the difficulty (and vice versa).

By the way, block 20027 on 0.3.24.2 is now propagating.

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 01, 2011, 06:31:16 PM
#29
i've downloaded it and started it on my computer just to annoy thomas :-P

Everyone who thinks ixcoin is a scam should do that, and mine on it.
Done
How much hash?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 01, 2011, 06:26:23 PM
#28
I'll donate my spillover hashes to the effort, I wish I could do more but I haven't enough to toy with  Smiley
legendary
Activity: 1176
Merit: 1233
May Bitcoin be touched by his Noodly Appendage
September 01, 2011, 06:24:23 PM
#27
i've downloaded it and started it on my computer just to annoy thomas :-P

Everyone who thinks ixcoin is a scam should do that, and mine on it.
Done
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
September 01, 2011, 05:37:47 PM
#26
So my question is, come block 20055, will we see an immediate difficulty drop?  Or will we have to wait 24hrs for the new algorithm to evaluate block velocity first?

Quote
A new difficulty adjustment algorithm will activate on block 20055. The current block count is 19968 so we should hit this count in about ~2 weeks. After that, difficulty retargets every 144 blocks (i.e. every 24 hours) with max increments of 10% and max decrements at 400% (like Solidcoin). The aim is to achieve a much more consistent block rate. (commit)  (commit2)

You will have to wait until 144 blocks occur, so ~3weeks give or take.

I thought it's using the same difficulty algo as Solidcoin though, where if there weren't 144 block solves by the 24hr mark, difficulty would retarget automatically.
member
Activity: 112
Merit: 10
September 01, 2011, 04:05:06 PM
#25
i've downloaded it and started it on my computer just to annoy thomas :-P

Everyone who thinks ixcoin is a scam should do that, and mine on it.
newbie
Activity: 18
Merit: 0
September 01, 2011, 03:20:48 PM
#24
how about no?  Grin
Anybody has a old IXcoin client for download?

http://sourceforge.net/projects/ixcoin/files/ixcoin-0.3.24/ixcoin-0.3.24-win32.zip/download

this link is from the original ixcoin announcement....apparently there are still links to the old clients:

https://bitcointalksearch.org/topic/announce-ixcoin-a-new-bitcoin-fork-36218


i've downloaded it and started it on my computer just to annoy thomas :-P
hero member
Activity: 602
Merit: 500
September 01, 2011, 02:02:52 PM
#23
So my question is, come block 20055, will we see an immediate difficulty drop?  Or will we have to wait 24hrs for the new algorithm to evaluate block velocity first?

Quote
A new difficulty adjustment algorithm will activate on block 20055. The current block count is 19968 so we should hit this count in about ~2 weeks. After that, difficulty retargets every 144 blocks (i.e. every 24 hours) with max increments of 10% and max decrements at 400% (like Solidcoin). The aim is to achieve a much more consistent block rate. (commit)  (commit2)

You will have to wait until 144 blocks occur, so ~3weeks give or take.
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
September 01, 2011, 01:17:53 PM
#22
So my question is, come block 20055, will we see an immediate difficulty drop?  Or will we have to wait 24hrs for the new algorithm to evaluate block velocity first?
hero member
Activity: 602
Merit: 500
September 01, 2011, 12:47:56 PM
#21
Use http://bitcoinx.com/ixcoin/

Block count 20027
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
September 01, 2011, 12:38:53 PM
#20
wow simon.. well I still havent seen a single block.
I sent the ixcoins i had left over yesterday and they are still sitting at 0 confirms.

can we verify that the new ixcoin client works? cause at the rate it is going here it will be a month or longer before the diff change.
This weekend it was at block 19996 or so.  Last night before I went to bed it as at 20026.  I'm at work now, so I can't see the current block number but I'm curious to see what it's at now.
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
September 01, 2011, 12:37:25 PM
#19
Yes it needs to die. It gives a bad name to all the serious forks currently under development.

I dunno, I kind of like Ixcoin.  I was able to buy a shiny new 5970 from my first day of mining Pumping&Dumping IxC Smiley
Fixed  Grin
Shh! You're going to give away my secret!  Tongue
sr. member
Activity: 476
Merit: 250
moOo
September 01, 2011, 12:08:30 PM
#18
wow simon.. well I still havent seen a single block.
I sent the ixcoins i had left over yesterday and they are still sitting at 0 confirms.

can we verify that the new ixcoin client works? cause at the rate it is going here it will be a month or longer before the diff change.
donator
Activity: 668
Merit: 500
September 01, 2011, 10:13:35 AM
#17
When the new retargetting algorithm goes live at block 20055, will Ixcoin reset the difficulty back to 1 like I0coin did?  Or is it just going to ratchet down organically?

it will probably so the same thing as the client he copied it from.

ctoon6 - You're assuming he can cut 'n paste without fscking it up.  He's already proven he's not even capable of that.

Quite why anyone would get involved in this farce is beyond me.  Oh wait, they're not, and that's the current problem....
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 01, 2011, 05:49:39 AM
#16
Yes it needs to die. It gives a bad name to all the serious forks currently under development.

I dunno, I kind of like Ixcoin.  I was able to buy a shiny new 5970 from my first day of mining Pumping&Dumping IxC Smiley
Fixed  Grin

+1 lol
legendary
Activity: 1764
Merit: 1015
September 01, 2011, 02:51:47 AM
#15
Yes it needs to die. It gives a bad name to all the serious forks currently under development.

I dunno, I kind of like Ixcoin.  I was able to buy a shiny new 5970 from my first day of mining Pumping&Dumping IxC Smiley
Fixed  Grin
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
September 01, 2011, 02:46:21 AM
#14
Yes it needs to die. It gives a bad name to all the serious forks currently under development.

I dunno, I kind of like Ixcoin.  I was able to buy a shiny new 5970 from my first day of mining IxC Smiley
Pages:
Jump to: