Bitcoin Forum

Are you ready?

Okay, I'll Take the bait. Ready for what?

A SWEET NEW CRYPTOCURRENCY THAT IS GOING TO BLOW BITCOIN OUT OF THE WATER!!!!

But really it's probably just a copy of something with a name change so the creator can make some quick money.  Look at the poster's name real hard and you'll see what I mean.

Oh no not another anagram :-P

Ready for???????

No, it won't be 'yet another'

Then generally what is "it" that we are talking about?

What to explain what will make it different?

The pre mined coins are claimed to belong to a different alternate account of Oldminer. :)

A lot of Ixcoin holders are gonna be real mad when he releases another blockchain.

not yet another alternate crypto currency? is that the name?

where's the defacto asian actor pic?

His fake japanese name isn't really that appealing, I don't think this coin is going anywhere. Maybe you should consider renaming your character.

I'm surprised he didn't release one weeks ago when the difficulty was a real big problem for his get rich quick scam, and SolidCoins hadn't yet been released so he didn't have a solution he could steal.

Oh, wait. I forgot, he needs time to premine a half million coins because he doesn't know enough about forking the code to have it just give him a half million coins in block 1.

Jackie Chan is Chinese...

Cheers,
Kermee

Point taken

but are you ready for november 5th

I had to make some differences with the other name thief.

TBH Pbj sammich just talked about asian actor and I didn't even think about the nationality. I just laughed and looked for one

Isn't that when Dead Island comes out?  If so, hell yeah I'm ready!!!

What is this heresy? The Emperor commands you to play Warhammer 40k: Space Marine on that day.

OMG you totally hyped me up, I can't wait for it!!!!!

Anything comes out on Sep 7th I'll buy buy buy!!!

Hey, Disney, hit him with your worst! :)

1. Zero pre-mined blocks

Aaaah. A completely broken, non-functional block chain. :)

(No, not trolling, correcting. Blockchain requires a genesis block. So at least one block is pre-mined...)

2. 1 million coins per block. WE will mine all the coins in 6 hours, the first 20 people to find a block will be insanely rich.
Why arent you mining these already? well it isnt out yet, but you should be replacing your keyboard right now due to all the drool on it.

see ya on the 7th


really awful anagram but i cant decide if you are old miner poking fun at yourself or smoothie making fun of oldminer or someone who found an anagram maker and put thomas nakaa aa aa-doesnt-matter-he-isnt-real-anyways name into it

Another week, another cryptocurrency.

At this rate BTCguild's gonna have to buy half their host's servers. :)

Lol! Well done! ;)
Only the genesis block will be generated
Bounties are in BTC because if the money doesn't succeed the bounties will be worth nothing whereas the guys did make the work

Btw, only 50 coins/blk. Chosing another number is just to say 'hey look at meh i'm different better and all'...

i0coin 2.0  ?
So, whats new  ?
just another blockchain to pump & dump & and drop like a hot potato  ?

oh crap you are serious? lolz... we need a new alternative coin creation difficulty factor. we created 3 in the past 2 weeks. i think the difficulty is now way high and we shouldnt see another for a good month.

Actually you can tell the genesis block to generate 0 coins.

Exactly a Genesis block with zero coins in it.

What will be the starting difficulty Jackie Chan?

did someone just say my name?

the new block chain Tibscoin.
or..
icon bits

inco bits

ibit scon

in bits co

i cot nibs

stici nobs

who gives a fuck!

Planned to be 512

You forgot a shitload of possibilities
Anyway what was your point?

there was no point. what was yours?

It was understanding your point, wasn't that clear enough?

Why do you post here then? Free raging?

You do know that Japan and China are different countries? Right?

Yes. I do know.

Cheers,
Kermee

That is as relevant as saying that Brasil was discovered by Portuguese.
Most people with IQ over shoe size know it, and it still isn't important for anything.

Also, 1+1=2.

the fuck.
i thought i was drunk and posted that, just glancing at the avatar.



....apparently different username, with similar avatar.

Actually, I was inspired by your avatar to make this one.  ;D

2. 4 minutes blocks

Why 4 minutes? Because I wanted more than the sc shit, and less than 5 minutes

To avoid the security (doublespend) problem, I found a system that we made 5 weeks to imagine, code and test
Everything finally runs ok, and 4 longer blockchains were refused by the clients so we can even say that ?coin is more safe against doublespend attacks

is your release going to be as stated?

Tbh it's not sure
Our GUI guy seems to be incredibly late. If he doesn't finish on tuesday either I'll use the Bitcoin gui or I'll have to release it later
I'd prefer using the Bitcoin gui

Oh and the client will be and remain open-source

I prefer a totally new gui, e ven one I havent seen yet

If many agree with you I'll delay the release
The problem is that there is an exchange site that may not like the delay

How would it hurt having the gui added in a later update release?

I prefer releasing a "big" first version and add only little changed afterwards but yeah it looks like to be the less bad solution

seems kinda quiet for a day before the release

You're just used to seeing all the hype put up by solidscam chains.  If there is a new chain being launched tomorrow, I'm glad the guy is spending more time working on it rather than building propaganda machines.

Hmm, another currency?
How much room do you think is left in my sign?

Must have been a mispost by your part, can you please link me to one single word about solidcoin that predates it's release? Just one will do.
and dont think the fake japanese name is a bit of propaganda?

Say what you want about solidcoins, buy hyping up the release of solidcoin just did not happen. SO if anything this RESEMBLES solidcoin in that aspect, except solidcoin was even more quiet.

and yeah magnet i got no room either

Maybe a smaller font, or next to each other, seperated by pipes?

If new alternate cryptocurrencies keep popping up like this, I'll need to rent some space from other users.
I hope they accept one of the coins in my sig.

yeah i didnt even have enough room for my entire ixcoin addy, but didnt see much problem with only posting part of the addy for now. WEll except the whole, I wont actually receive any ixcoin donations, but like i said, it isnt much of a problem right now.

What's so good about this new coin? Is it just another BitCoin or is there something more?

Is coinotron going to be in on this new coin from the start?

Some news from the project
Clearly we will be late, the changes we made in the gui [ the first one, from Bitcoin ] broke everything

It seems far simpler to release the new gui so the release is delayed
I don't want Instacoin launch to be even more pathetic so I won't give you any ETA, instead I'll wait until the software is completely finished [ should be less than a week ] and post a 24h countdown here

What is your gui based on? Will you use some genesis block data which proves us you didn't premine blocks (like adding some lottery numbers of the day)?

GUI's are for wimps, the faithful keep it command line. What new features have you got?

I thought it was obvious. BitCoin has a fake Japanese name theme going on, Using a picture of a Chinese ( If pre-China Hong Kong counts ) actor breaks the theme.

WIDcoins...
(WhenItzDone)

In a week I'll start calling them DukeCoins.

++

Better late than on time and needing all sorts of patching while it's in use.

I'm hoping this time buys us more than a pretty GUI.

I'll hope it doesn't include CoinHunter's ego as a "bonus feature" to materialize two weeks after release whether we've installed the upgrades or not. :)

better late than broken I always say

Now that's some humility and practicality right there.
Exactly the sort of thing we would never get from the originator of SC.

While you could argue that this is a case of not eating ones own dogfood...  I think it's just sensible bootstrapping.

I've no idea if this chain will be worth any attention (I'm a little wary of the claims re some new double-spending algorithm)
but at least the attitude seems to be reasonable so far!

Assuming this is to be a departure from recent history and all... Would it also make sense to let the open source sit out in the open for review for a period of time prior to launch too?

Announce will be in this topic? or where? ::)

He said "post a 24h countdown here" so I guess it will.

hopefully it's not i0coin all over again and has a decent launch.

Watch it just be a hoax.

super kungfu troll attack :)

In before GOXXED

Don't forget to let it have a cool name like "shadowcoin" 
- actually I kinda hope that one gets used for some chain with even more anonymity and underground appeal - even if just to take the heat off bitcoin ;)

ix, i0 were too boring
solidcoin was too wanky even before we knew it was run by a wanker.


ok.. in seriousness I don't know what makes a great name, but I'm guessing it won't be 'kungfucoin'.
So does this one even have a name yet?

all the cool names are taken: https://bitcointalk.org/index.php?topic=39696.0

In that case, name it "Ohforf'SakeCoin".
Why? This: http://thenoobcomic.com/index.php?pos=3

Is it confirmed that it will be called Instacoin?

I bet he will go for 7 sec/blocks just to top my fork ;)

Any updates on development?

Goxxed

Is that all you ever say?

Given the name "Instacoin", I predict a brave attempt to make 2 second blocks :)

Or zero seconds. You imagine it and voila its real.

So it is kinda solipsist coin ?

Yes, out of my 313 posts it's all I've ever said.

http://i1110.photobucket.com/albums/h451/silvercent/goxed.png

U mad bro?

Another favorite saying of yours. Good job!

You must love Mark that much to make a banner with his face.

lol

could someone enlighten me as to what the fuck is this ?

A troll thread.

Hello everybody

After a small delay, our coin will finally come to life.

All the more recent Bitcoin improvements are of course there, but there are things we are the only ones to have coded successfully. This includes some tools I will tell about later. What I can say is that M-to-N transactions and blockchain shrinking are present.
Both are working absolutely fine on the 2 test blockchains. Yes we are testing things for now several months, and more importantly, we're doing so with "regular" people. Sure they are not grandmas, but aren't tech guys neither. This was possible thanks to a completely different GUI.



Now the bowww part.
We thought we would have to stop development because our GUI guy basically told us to fuck off after he learnt how to trade and my "lieutenant" just disappeared in the night. The demotivated us a lot and the development became more and more late. Then encrypted wallets, BIPs, scams, plenty of new coins, etc made us think we would never be able to make it happen.
And yet, we finally pulled ourselves together and coded that giant piece of collective work.



I'm coming back now just because we just reached the point where we KNOW we will release it. Much work has been involved, many new features are implemented and the testings demonstrated that we made a rather good crypto-currency.
One thing worth noting: it's an own work since the beginning, ie not a single line of code from Bitcoin client since september 2011 has been used, so, while it's technically true to say it's bitcoin based, it's a while that practically this is not the case.


Are you people still interested? Do you have any questions about anything?
About the ETA... Let's keep it September 7th. I never wrote which year after all.

Honestly at this point I would mine anything that isn't an altcoin fork or rename.

I'm reading this right, it's 2 years later???

apparently. I'm interested in something that's been carefully developed over such a long period :P

Yes

Its GUI is totally different from the one of Bitcoin so we're not sure Bitcoin users will like it. We're a bit afraid about that to be honest.
We are sure you will like all the inner features though.

Pff. bitcoin users won't like it regardless of what the gui looks like, because it's not bitcoin.

Mind explaining first what this coin offers? You came back at a period in which altcoins flourish and die within a week. From what I read your coin is different from BTC in that it isn't a fork, is that correct?

What does this coin offer?

lmfao

this thread is full of win

It is a fork, but not a blatant copy. The deep core is the same: there's a blockchain, a genesis block, blocks and transactions are close to the ones in Bitcoin.
On the other hand GUI is totally different, useful opcodes are added, big scale forks are impossible, asics and fgpa can't mine, addresses are 100% auto-correctable up to 3 characters, deterministic wallets are standard, an ingenious system that allows you to recover a wallet from different things (using procedural memory, I can't be more precise as it's not enough tested for now but if the results keep being that good that'll be something huge), meaningful text is forbidden in the blockchain, and others
If you have more questions about specific things please ask

Did you have any proposed numbers for total number of coins, coins per block, and hashing algorithm?(I'm assuming sha since it's a fork of the old bitcoin code, but I'm comfortable with being wrong, especially given the Asics out there and how hard they are to get in any sort of reasonable amount of time)

Nothing decided yet.
We are indeed testing with old Bitcoin values but we will definitely modify that. Hashing algorithm being the first.

We would like to have some opinions on these subjects.

Kinmasa Hota Soto

Anagram of Satoshi Nakamoto lulz

I was so happy that I wanted to share the info with the forum but I'm a bit disappointed that nobody seem interested at all.

Ok here's the thing. My local library might be interested in a ditto of our coin. The plan would be to use it with several local shops and that would be " kind of " backed by the mayor as it wants to make the place more touristic. Well I have nearly 0 additional info because that's pretty sensible to allow a town-wide new currency according to them. Looks like they asked an economic pro to study this project. I fear his highly possible refutation of it being any useful/ok to use.
Anyways, that won't affect the our real coin as it would only be a copy of it. Ok it may affect the release date.

Back to our business : once again, do you any special need you want one coin to solve?

edit
Bad news about the mental wallet recovery, it seems it's not really reliable. We're still working on it and will contact more specialists though because we think it's a damn good feature

-BUSTED-\

June 7th - 9am UTC 2028

Are you READY?

Why all the hate?
Can't you support your favorite coin and help a new innovative coin at the same time?

Option to set a vote to a transaction, the vote can be changed anytime allowing a reputation system. (you can discover the cheat days, months, later, or just change your opinion (he can changes too))

If you cheat a bit to many, you will have a horrible reputation.
If you dont cheat, your reputation should keep positive.

Vote can be only positive-negative. And the calculation is proportional to the fee paid. So cheating is having a cost.

Reputation can be explored.


I am a Qt developer, so if you like and need free dev time, i can offer a bit (if you use boost at the same time of using Qt, then i can not help, i hate boost)

That's really an interesting idea IMO
I would like some precisions about what you have in mind:
* What do you call cheating? Something precisely and officially chosen by the devs (like being a scammer, or being a bad person, or spamming the blockchain for example), or anything that the user chooses?
* We can't give one reputation point per address for obvious reasons. How should we balance things? 10^-8 coin = 1 vote and sum everything? Creating 'trust' coins (bad idea I think)?

Thank you very much for your offer. We are indeed using lot of boost, and the gui part seems to be quite alright. I'll contact you if something goes bad though.

I saw the PM


Well, my idea is that in the moment you make a transaction, you can give a vote, positive or negative (positive default)
Who receive the transaction should be able to vote too, making a "trust connection"
This vote will be stored related to transaction, and should be possible to change later (this is the hard thing in dev time), the value of the vote is the fee paid (i would change fees to work in %)

I call cheating not just in economical way, in moral and ethical. If the company/person X with the one i am dealing starts to do things i dont like, i can change my vote of all my transactions i did with him, he can do the same with me. But, if in general i am a nice person, my punctuation should keep positive. In the other hand, if more people thinks like me, and they change his vote to this company/person X, X will have a horrible reputation.

The reputation can be explored, and you can locally count the reputation of 2º order transactions.

I will add to the negative votes, the option to add a very small text so people can link or explain why (and some way so people can choose the text of others linking reasons, being able to make statistics)



Imagine what nice would be to check our politicians/bankers reputation, or that "friend" is never returning the dvds, others can know about it :P

It is not thought so everybody can be bastard with others, it is thought so people can check what they are doing wrong, and what they can do to solve it, making the money having an extra value. You can be born with lot of dirty money, but as everybody can explore the transactions and check the reputation from where it is coming from, you should work on having a nice reputation.


It is giving the power to the mass over the ones laughing at us.

http://img01.lavanguardia.com/2013/02/18/Luis-Barcenas-a-su-llegada-a-B_54366849986_51347059679_342_226.jpg
(One of the most famous politicians in my country that stole millions of euros and is not scare cause he knows politicians are controlling the legal system) Make deals with them and maybe after someone doesnt wanna fix your car, the pipes, etc... we will know from what dirty place money is coming.



I hate boost, but if you like my idea and you start to develop, i would like to be part on it, even if i need to download boost and i cant use my QObjects.

I like the idea
I'll think about that and post a little paragraph soon about how I see it and we can discuss it

i keep waiting.

I dont know, i guess it is possible to develop using the merge mining system as namecoin is using.
- Each account own an amount of votes (last valid ones) positive  + negative
- The amount to transfer is fix to the amount of fees paid in transactions between 2 accounts until then, when a new "revote"(transfer) is done, it is using the merge mining system. As each client is only counting the last applied votes, it is "updating" the value (Past votes will remain forever in the chain)
 - To avoid abuse of revoting system, you need to pay a small fee in coins(from the normal chain) . This fee is fix in amount, not %. Voting is having a cost in space.


To make everything look nice, it could be easy to draw a pie chart showing the main reasons for negative votes.

its like a  good wine now - or maybe a dog turd , that went white in the front garden ?

lets mine !

see you in 2015 !

something like that is going to take time - I'd push back the release date !

Problems are:
We don't want this to need paying fees.
Lightweight clients won't be able to use it.
Specifically about a merge mining like system ; it's too heavy.


Actually we planned not to put it in the protocol but in the client instead. This way it's easy to implement it so testing will begin soon.
That's damaging IMHO but the team can't reach a consensus on this. That may be considered later. Note that we will make the 1.0 protocol so that the future trust system wouldn't require a hard fork though.
Thanks once again for your idea, bnogal.


We will soon freeze the guidelines for 1.0. If someone has some wishes he or she wants to share, please hurry. We are really open, everything will be discussed as necessary.

I just received a PM asking me to name the unit coin 'DNF'.
Sorry but this will not likely be discussed ;D

I am still here around... if you need any help in the development. I would love to be part.

As you didnt answer (and i stopped using this forum after a while) i started to develop it by my own. So i started with a simple version (Qt+QML), from zero, trying to make it as clear as possible and portable to android and iphone.
But i am still implementing solutions to bypass p2p problems, unfortunately my last war is with the mutilevel NAT on mobile devices and i dont find any solution except using nodes between....



Lightweight clients can request to multiple other clients for the data needed.
Fees are necessary... or we will have reputations attacks.

most likely abandoned, did you just necro a topic?