Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: steelhouse on December 20, 2013, 03:36:42 AM



Title: Why IOC is better than IXC, BTC, NMC, LTC
Post by: steelhouse on December 20, 2013, 03:36:42 AM
Seems they have lowest inflation of them all, no more major payouts to about 100 top miners.  note I made the table about 1 year and half ago.

Date   Block   Coins   Inflation   Reward   Coins per day      
=====================================================                     
I0C - 90 sec per block, retarget every 120 blocks or every 3 hours, 960 a day                     
12/11/11   150639   7230672   233%   48   46080      
2/20/12   218799   10500000   80%   24   23040      
9/30/12   437339   15750000   27%   12   11520      
5/12/13   656859   18375000   11%   6   5760      
12/21/13   875399   19687500   5%   3   2880      
8/1/14   1093939   20343750   3%   1.5   1440       
3/12/15   1312479   20671875   1%   0.75   720      
=====================================================                     
IXC - 10 minutes per block, retarget every 144 blocks or every day                     
12/18/11   42360   4066560   124%   96   13824       
2/25/15   210120   20171520   13%   48   6912      
6/26/15   227544   20996402   0%   0   0      
=====================================================                     
BTC - 10 minute blocks, retarget every 2016 blocks, 2 weeks                     
1/3/12   160370   8018500   33%   50   7200      
12/13/2012   210050   10500000   13%   25   3600      
12/13/2016   420434   15750000   4%   12.5   1800      
12/13/2020   630818   15960012.5   2%   6.25   900      
=====================================================                     
NMC - 10 minute blocks, retarget every 2016 blocks, 2 weeks                     
1/3/12   36202   1810100   145%   50   7200      
4/24/2015   210010   10500000   13%   25   3600      
4/24/2019   420394   15750000   4%   12.5   1800      
4/24/2023   630778   15960012.5   2%   6.25   900      
=====================================================                     
LTC - 2.5 minute blocks, retarget every 2016 blocks,  3.5 days                      
1/3/2012   60679   3033950   346%   50   28800      
9/17/2015   840007   42000000   13%   25   14400


Current Block 12-19-2013
Bitcoin 275,978
Namecoin 152,378
I0coin 989,274
Ixcoin 178,905
Litecoin 482,145
      


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 20, 2013, 05:45:28 AM
I0coin definitely has lowest inflation of those listed, and the lowest of about 99% of other crypto-coins too.  In a few years the "0" in I0coin will mean "zero inflation".



Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: Anonylz on December 20, 2013, 06:57:42 AM
Is I0 traded somewhere else as vircurex?


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 20, 2013, 07:06:06 AM
Is I0 traded somewhere else as vircurex?

Only on vircurex at the moment.  Once the new website is launched we hope to get support from other exchanges.


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: homerzhu on December 20, 2013, 07:08:12 AM
which site can by IOC?


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 20, 2013, 07:16:27 AM
which site can by IOC?

www.vircurex.com


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 20, 2013, 07:19:44 AM
On a side note, I0coin has one of the highest network hash rates of any crypto-coin.  So it is also one of the most secure against all the various network attacks.


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: Anonylz on December 20, 2013, 07:56:10 AM
when will the website be out? I dont understand the ixcoin rise and i0 staying behind, should be 1:1


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 20, 2013, 08:06:58 AM
when will the website be out?

The holiday season has slowed us a bit, but hopefully next week for a first look at the website. 


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 20, 2013, 08:11:19 AM
Speaking of holiday season, what better present could you get a loved one than a wallet full of i0coins!!!


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: Anonylz on December 20, 2013, 10:36:35 AM
besides sexcoins, you are right:)


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: uberCoiner on December 20, 2013, 08:00:50 PM
I'm going to get some i0coin for Christmas.  How do you turn it into a stocking stuffer?   :-)



Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 21, 2013, 07:06:28 AM
I'm going to get some i0coin for Christmas.  How do you turn it into a stocking stuffer?   :-)


Well, the wallet fits just fine on a USB flash drive. 


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: %ooo:ooo% on December 21, 2013, 09:25:36 AM
I'm going to get some i0coin for Christmas.  How do you turn it into a stocking stuffer?   :-)


+1


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: Jambi on December 23, 2013, 07:37:05 AM
Low inflation means i0coin should hold its value better long term.  Is that the idea?


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: Anonylz on December 23, 2013, 09:36:50 AM
Low inflation means i0coin should hold its value better long term.  Is that the idea?


it's about i0 coin being one of the oldest alts around and so far one of the only coins of which all coins have been mined (allmost).


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: brooksby on December 24, 2013, 03:28:56 AM
Low inflation means i0coin should hold its value better long term.  Is that the idea?


Inflation can sometimes be ignored short term, under five years, but long term it has a dramatic affect on savings, spending power, and overall wealth.  Almost all government backed currencies loose somewhere around 1% of their value per year due to inflation (continued printing of the currency).  That's around 99% of their value lost every 100 years.  I0coin is comitted to a low inflation strategy to prevent value loss in this way.  The price will still fluctuate up and down, but not due to inflation.


Title: Re: Why IOC is better than IXC, BTC, NMC, LTC
Post by: khabaro on December 25, 2013, 08:41:25 AM
yes low inflation sound like way to go