What about ufasoft?
This is a port of MultiBit. What is your point about ufasoft? Maybe it will give you some guidance. Seems like you have a closed mind. Like I said, this is a port of MultiBit for Namecoin. You have a problem with that? |
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What about ufasoft?
This is a port of MultiBit. What is your point about ufasoft? |
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www.ixcoin.co is the new site. I am the new developer. Not sure what happened 2 1/2 years ago. All I know was the founder supposedly pre-mined like 500k coins. Who knows how much he kept since then, but if you look at the cryptometer.org charts for iXcoin, the mining has been pretty fair.
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Not even the owners of more then 17 million coins care about it (no donations), why should all the others care about it?
What's real strange is that I don't see those 17 million coins in the order book. Just trying to buy 1% of the coins (i.e. 170,000 coins) will move the market by 50% or more. It's crazy! Vlad was saying the same thing months ago. That he was trying really hard to find ixCoins for sale and it was nearly impossible to accumulate in large numbers and that's why he dumped like 5 Bitcoins at the ask one day (as an experiment) to see if there were any sellers and there were very few, which proved his theory that someone was holding lots of ixCoins and refused to sell at an even 5 fold increase which was a massive gain a few months ago. Very strange indeed for a coin supposedly nobody wants. That made me buy some 50,000 ixCoins so now we sit and wait to see if Vlad's ETF or xCoin theory pans out - I believe he said ~$10 within 90 days some 40 days ago so he's running out of time. lol, I'm holding out since the nutjob has been right about some crazy stuff. It is just surprising how everyone here is such a miser. iXcoin has gone up like 300%, meanwhile you folks do absolutely nothing... no promotion , no funding... nada!! I got funding from... let's see.... 2 people... total! That's after I built up the new site and ported the new client. I mean iXcoin holders don't even have the balls to trade on a daily basis. This is exactly what is holding me back from purchasing Ixcoin. Here there are people probably owning 2, 3, 4 % or more of this coin. They prefer this coin dead then to give something away to support development. The full maturity is so close (18 months?) and the coin is still barely known, not yet accepted by any shop, traded on two platforms only. Yesterday I have seen someone on Vircurex selling 230.000 iXcoin for just 0.000183 BTC each. People do not believe in this coin yet. Freecoinless, I do not understand what makes you so determined about this Ixcoin. Is there any piece of info you are withdrawing from us? I have no idea why these iXcoin holders are so stupid, just no idea at all. I've been doing all that I can to prop up the coin, meanwhile everyone (founder included) seems to be out on some vacation. Why am I working on iXcoin? Because the potential is huge. It has #3 in hash-rate, 80% of all coins, have already been mined, it is dirt cheap, what is not to like? Well, the only thing I dislike are the idiots who hold this coin and do nothing. To be honest, Namecoin is in a much better position, more exchanges trade it, more volume, #2 in hash rate however it is not that cheap ($4.5). However, one thing to remember, crypto-currencies are going international, so I don't worry too much about accepted in shops. What is key is that it is accepted in exchanges. The only thing I can think of about the apathy of the coin holders is that, nobody owns a lot of coins! Folks may have sold out years ago prior to the merge mine. Once the merge mine happened the coins were re-distributed among many bitcoin miners. So everyone appears to keep silent because everyone is hoping to accumulate, but are realizing they can't at these levels. That's the other explanation I have. |
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"The thing to understand about the pow is that its just a contrivance for creating a never ending string of varafiable unpredictable numbers that can be used as a means to reach consensus in the network. What you would do as a miner is hash the genesis block + the address you wanted your reward to be payed to + a series of random nonces. the first person to come up with a hash that it below a certain threshold wins the competition, everyone starts trying to hash his block plus the address they want to be payed too. Its just like bitcoin, except the blocks contain no transactions, only the address you want to be payed out too. "
So, if the hashes do not include the transactions, then how do we verify that the block chain we are looking at it the legit one?
Any system can create very quickly another block chain that is longer than the current one and we can't verify if it is the legit one.
just ignore this thread and go check out NextCoin (NXT). Its basically the same idea i was trying to outline here only better. There aren't any spec for NXT.... so I can't tell if it even is legit. There are specs you just have to dig around for them. For starters check out my conversation with come-from-beyond https://bitcointalk.org/index.php?topic=345773.msg4063478#msg4063478Yeah right... a conversation is very far from a spec. |
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Here's an example of how it looks like now: Dusis5Fcme7fDa@moi5hNSCMRFpAgALXGGmVwqqeremPHvgfL
Dusis5Fcme7fDa is a hash of color descriptor, moi5hNSCMRFpAgALXGGmVwqqeremPHvgfL is a normal testnet address.
We'll probably use a different format later, but the idea will be the same.
Hash of color descriptor?  ! Where is the color descriptor? Is it on the block chain or on some external file somewhere. C'mon guys!!! You have to step up your execution! |
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Next stuff coming up is a SPV based client (no need to download entire block chain) + chromawallet.
So the new 'angle' will be similar to mastercoin and we'll be targeting also international markets at the same time.
Please also donate to the fundraising.
We got a press release coming out in January. Expect a lot of upside.
The entire marketing strategy is to promote the technlogy to the real serious investor. None of this 'Doge', 'Feather', 'Mega', 'Quark' garbage.
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great to see the discussion of IXCoin continue. this coin has really caught my attention. I stop dumping my IXCoin merge mining revenue & started holding it. Actually starting buying it daily and looking forward to further discussion on it.
<3IXCoin<3
Next stuff coming up is a SPV based client (no need to download entire block chain) + chromawallet. So the new 'angle' will be similar to mastercoin and we'll be targeting also international markets at the same time. Please also donate to the fundraising. We got a press release coming out in January. Expect a lot of upside. |
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Not even the owners of more then 17 million coins care about it (no donations), why should all the others care about it?
What's real strange is that I don't see those 17 million coins in the order book. Just trying to buy 1% of the coins (i.e. 170,000 coins) will move the market by 50% or more. It's crazy! Vlad was saying the same thing months ago. That he was trying really hard to find ixCoins for sale and it was nearly impossible to accumulate in large numbers and that's why he dumped like 5 Bitcoins at the ask one day (as an experiment) to see if there were any sellers and there were very few, which proved his theory that someone was holding lots of ixCoins and refused to sell at an even 5 fold increase which was a massive gain a few months ago. Very strange indeed for a coin supposedly nobody wants. That made me buy some 50,000 ixCoins so now we sit and wait to see if Vlad's ETF or xCoin theory pans out - I believe he said ~$10 within 90 days some 40 days ago so he's running out of time. lol, I'm holding out since the nutjob has been right about some crazy stuff. It is just surprising how everyone here is such a miser. iXcoin has gone up like 300%, meanwhile you folks do absolutely nothing... no promotion , no funding... nada!! I got funding from... let's see.... 2 people... total! That's after I built up the new site and ported the new client. I mean iXcoin holders don't even have the balls to trade on a daily basis. Further, they run idiotic trades, like crashing the market when it hit .0004 BTC. Folks it serves nobody with stealth marketing and stealth trading. If you want to get rich, accumulate on the way up and stop trying to push the price down! Meanwhile, where in the world is that Vlad character? My guess, he's one of the idiot traders pushing the price down so he can get more! What a jerk... a real jerk. Notice, he goes silent when we make a major push! |
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"The thing to understand about the pow is that its just a contrivance for creating a never ending string of varafiable unpredictable numbers that can be used as a means to reach consensus in the network. What you would do as a miner is hash the genesis block + the address you wanted your reward to be payed to + a series of random nonces. the first person to come up with a hash that it below a certain threshold wins the competition, everyone starts trying to hash his block plus the address they want to be payed too. Its just like bitcoin, except the blocks contain no transactions, only the address you want to be payed out too. "
So, if the hashes do not include the transactions, then how do we verify that the block chain we are looking at it the legit one?
Any system can create very quickly another block chain that is longer than the current one and we can't verify if it is the legit one.
just ignore this thread and go check out NextCoin (NXT). Its basically the same idea i was trying to outline here only better. There aren't any spec for NXT.... so I can't tell if it even is legit. |
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So are you saying that this new address form is placed inside the script?
No, this is entirely an user-interface feature: user interface doesn't allow one to send to a "wrong" address. But on the script level it is same as normal Bitcoin transactions. The coin id, is that a 5 letter symbol in ASCII? |
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Bitcoin
Litecoin
Megacoin
Worldcoin
Quarkcoin
rest will die 2014
What about Dogecoin? Back to the moon! Dogecoin has a higher hash rate than Megacoin and Worldcoin combined!!! |
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No, it's just a different format of addresses. Like <color_id>@<bitcoin_address>. I did not see this in the specification.
The specification is incomplete. If you mean the one written by Vitalik Buterin, it is pretty much completely unrelated to how it is actually implemented. So are you saying that this new address form is placed inside the script? |
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"The thing to understand about the pow is that its just a contrivance for creating a never ending string of varafiable unpredictable numbers that can be used as a means to reach consensus in the network. What you would do as a miner is hash the genesis block + the address you wanted your reward to be payed to + a series of random nonces. the first person to come up with a hash that it below a certain threshold wins the competition, everyone starts trying to hash his block plus the address they want to be payed too. Its just like bitcoin, except the blocks contain no transactions, only the address you want to be payed out too. "
So, if the hashes do not include the transactions, then how do we verify that the block chain we are looking at it the legit one?
Any system can create very quickly another block chain that is longer than the current one and we can't verify if it is the legit one.
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Look at the hashing power and difficulty. If less than half of the hardware in the world that is capable of mining it is mining it then it is way too vulnerable, so basically for each type of non merged mined hashing (SHA, scrypt, prime numbers etc) check out the one that has more than half of the hashing power, for starters.
For example primecoin and protoshares both use CPU mining, so which of them has more than half of the world's CPU power mining them?
Ooops, neither. CPU is a really crappy choice because it is unlikely that as much as half of the world's CPU power is even mining at all, let alone all mining the same coin.
So forget all the ones that are CPU-mined, until they come up with ASICs to do their mining they are trainwrecks waiting to happen.
(Waiting to become valuable enough to be worth wrecking, so I guess if you are only looking for crappy little penny-stock type toys they are fine, but if you are interested in coins worth $300,000 or more per coin forget all the CPU and GPU mining crap, get ASICs deployed as soon as possible or just assume the great chain robbery will happen as soon as it is profitable for the robbers to make it happen.)
So hmm I guess we are down to bitcoin and maybe a few of the coins merged mined with bitcoin (those that have more than half as much hashpower/difficulty as bitcoin)...
Oh proof of stake? Last I heard is still doesn't work without proof of work, plus, the actual proof of stake itself has a man-in-the-middle, much like Solidcoin, it seems. A gang is already sitting there with their hands on the wreck-switch just waiting for the right time to pull a heist...
-MarkM-
I really can't think of how a pure 'proof of stake' system can secure its block chain. The calculations of a 'proof of stake' system can always be easily replicated. So how does such a system ensure that it has the 'longest block chain'? |
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All back orders are also sold out. Want to mine scrypt? now its like ASICS, you simply can not buy the hardware. New miners are going to have to settle for low end cards.
I guess like the asic folks settling for USB erupters! |
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I guess this confirms the use of "Coincraft A1" chips...
Now all they need to do is sell the assembled miner boards, and they will have a massive market ready to buy them in bulk!
From what I understand the "Close-out", is how they are saying, "End of this batch". The next batch should have new delivery dates, and may or may-not have a new price... It already went up from $5,599.00 to $5,999.00... Might go up again, or back down, or get an upgrade to design for a new model. We won't know until after Friday.
I think we lost our chance of getting real direct answers due to the senseless troll-posts and accusations of being fake, to being part of a secret organization, to being in a whole other country, to having impossible specs on hardware. Not as funny to them, as it is to us. But equally as frustrating to deal with.
You know, Michael Dell used to assembly his PCs from his dorm room. These folks are essentially assembly systems source from Bitfury and Bitmine (both in Europe), into stand alone units. I don't expect them to really have top notch technical talent. I do however expect them to deliver the goods when their sources start shipping. |
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not only are they sold out, all prices are now $150 more than they used to be!
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