Hello, I might not check the thread that frequent, but I'm always on IRC   you can buzz me if you need something. I would like Indocoin to stabilize a bit before I move my feet and start my campaign. I will wait 1-2 weeks, hopefully its stabilize by then, and I also need time to prepare myself.

And to those who asking, yes we are 2 man team. We have no background/past experience with crypto currencies before, I myself just an indie game developer who took interest in crypto currency.

First you despise the coin because of this is a regional coin, now you are offering a save hand. I'm really confused of you   if you have something in mind, feel free to pm me.


I might not the brightest programmer around here, in fact I might be slow paced person, but I love IDC as much as I love my rice. I live by "alon-alon asal kelakon", a magical proverb yet proven to be effective. Back on the topic, if there's anyone have anything on their mind, please shoot me a message planned updates are coming on June, there's something I need to discuss, will make a poll on it after im satisfied with experimenting.

No scam, only 60 blocks premined, which I wont be using them at all (you can read the first post for more info).


edit: June campaign will be delayed a bit, my mining rig is broken. Unless there's big idc whale out there willing to help with fundings.

Wah keren nih gan, boleh saya culik buat saya masukin poll? Nanti yg terpilih saya masukkan untuk logo pada klien versi baru 

edit:

after staying overnight trying to get this working, finally found out the cause. works ok now. 

^ Ready nih dah email sana sini, kurang beberapa  semoga bisa ada yg kena,

Eh posting wallet itu dilarang di subforum mana aja? 

ready up http://indocoin.info/index.php (English version: http://indocoin.info/en/index.php ) try clear your cache

Check the first post -> FAQ for reason why indocoin has big coin cap

10:30 AM now,
Join IRC for wallet download, the thread will be updated a bit late since there's additional info I need to add.
You can start mining now


Selamat hari reformasi Indonesia
Happy Reformation Day

ty, 4 Hours to go. Probably my last post here till tomorrow

Hello, since launch is less than 6 hours I wont be around for a while, for the latest news drop by the IRC Chat http://indocoin.org/pages/indocoin-irc-chat/ if everything works perfect it possible that it's released a bit earlier on irc. Thank you

After several midnight prayers and discussion with others, the cap has been adjusted. the rewards has been updated accordingly. Thank you for bearing with us   

added on first post


1 more pool will be announced upon launch, 

Thanks!

numpang share ilmu nih Kriptografi untuk orang Awam, semoga bisa berguna artikelnya http://indocoin.org/threads/kriptografi-untuk-orang-awam.168/

Bagi suhu-suhu yg ada disini, boleh dong minta bimbingannya barangkali ada yg salah

I don't know if every country need their own crypto coin, but so far most of country has their own fiat money, don't you think we all need to switch and use usd?  
Joking aside, the answer is up to you. My 10,000 rupiah might worth nothing to you, but to other Indonesian, it could get me a lunch. Same with Indocoin, might be just another country coin for you, but as long as people here are willing to accept them, then there's a need for that coin.

You will understand if you take a look how $1 worth in rupiah (1$ currently Rp 11,412). Over these years Indonesian already used to big digits numbers. A serving of Bakso cost me Rp. 5000, A computer Rp 3,5 millions. And so on, might be weird for you but not for them since they already used to it. That's why it has ridiculous amount of digits. Also if you consider Indonesian population now, that total number isn't that bad.

I've been in a slump on which algorithm to choose. X11, Scrypt-N, or just go with scrypt. Heck and now there's even X13. After I read a bit on warren post here, and take a look back on Indocoin goal that I wrote, I couldn't find any text on combatting ASIC. Then I ended up with scrypt, since combatting asic is not part of our goal.

Thank you, updated the first post with pools

Numpang nitip lapak ya  [PRE-ANN] IndoCoin - Indonesian Crypto Currency | 21 May 2014 m(_ _)m monggo dilihat, kalau ada yg kurang biar saya benahi lagi  

Lapak di Kaskus : http://www.kaskus.co.id/thread/53709915a907e7e2718b4855/indocoin---indonesian-crypto-currency-launching-21-mei-2014/ 

Indonesia, or known as Republic of Indonesia is one of country in South East Asia. A big archipelagic country compromising 18,307 islands. With over 238 million people, Indonesia is the world’s fourth most populous country. There are around 300 distinct native ethnic groups in Indonesia, with more than 700 living languages are spoken here. The country has abundant natural resources, yet poverty remains widespread.




As the name suggest, IndoCoin is aimed towards Indonesians. IndoCoin will be launched on 21 May 2014, it is a special day for Indonesian known as Indonesian Reformation Day, I hope that Indocoin would reform Indonesia in payment system. As you know, Indonesia is still underdeveloped in terms of technology compared towards other South East Asian countries. Indonesia is a very big country, yet is small at the same time. Bitcoins, or crypto currencies technology are still not widely known here, this is due to the lack of internet penetration (though, 70 millions new internet users will come by next year in 2015),  lack of resources, and as you know informations regarding crypto currencies, how they works, and such are mostly written in English. This is one of big barriers that prevent Indonesians from knowing more about crypto currencies. If I remembered correctly, bitcoin was almost banned here, but thanks to another Indonesian fellows here, it was solved now. Bitcoin still being seen as a very scary stuffs here, I’m sure that’s because of the lack of understanding on how the crypto currency works.

I strongly believe that crypto currencies, are the most democratic form of money. It’s open source, everyone can take a peek on the codes, and everyone can contribute. I believe that, crypto currencies would be beneficial to Indonesia and should not be seen as a threat. Today, most of Indonesian here still use bank as a form of payment for their online purchases. Such as Kaskus, Indonesian biggest forum boards, most of people here buying and selling stuffs via Bank. And there are many banks here, and you are lucky if the seller have the same bank as you are using, if the banks are in different network, be prepared for additional fee. Even though Internet Banking here is pretty widely used, it is not that reliable. They don’t open 24/7. If I’m not wrong, Bank Mandiri (the bank I’m using) Internet Banking is closed everyday from 11PM-3AM, so if you want to send money during this time, guess what? You’re out of luck. People here still relies heavily to the bank. Oh and I almost forgot, you ever heard about Bank Century?  Whose fault? Who knows, all I know, people lost their money, some went crazy and some committed suicide. Big mess.

Crypto currencies would solve most of these problems. It’s fast, with a very low transaction fees, available 24/7 whenever you need, transparent, and it’s decentralized. And I believe, crypto currency would give a benefit to Indonesia.




To widely introduce crypto currencies to Indonesian people. To let them know what exactly is crypto currencies? How do they work? What’s the benefit of this compared to other payment methods? And let them taste it.
To let them know that crypto currencies is not some kind of scary monster, it’s not a threat. But it’s just a different kind of currency. That’s the goal of IndoCoin. The rest, whether to embrace it or not, I will leave it up to them.

What are you going to do to accomplish that?
Personal support is the best approach. Wallet Qt will be localized to Bahasa Indonesia (Yes I know, Bitcoin v0.9 already has Indonesian translation there, but I personally think it needs rework here and there, it feels too stiff, therefore for Indocoin I translated it from stratch) to help those who are lacking in English skill. I will also provide a site dedicated for Indonesians that is new in crypto currency world, to guide them to get things started, and place for them to hang around. At first, I will personally provide the guides, but I hope I will meet another fellows along the way that are willing to help me on this endeavours.

Support will not only be given on there. I will active stroll on Indonesian major forums, boards, or any place I could think of to spread the words, mail the media, let them know, give them support, and hopefully they are interested in this. Too ambitious? Well, Ralph said, without ambition one starts nothing. Seems hard, but one step at a time, and one day we will realize that we’ve already reached Rome.

• Proof of Work Algorithm: Scrypt
• Premine: 60 Blocks
• Total Coins: 19,450,000,000 (Soft cap)
• Block Time: 60 Seconds
• Reward Change: Every 500,000 Blocks
• Difficulty Retargetting: Every Block (DigiShield)

RPC Port: 19451
P2P Port: 19457
-Testnet RPC: 19458
-Testnet P2P: 19459




Rewards are soft capped at 19,450,000,000. After that every block generate 500 IDC.

• 1-500,000 = 20,000 IDC
• 500,001-1,000,000 = 10,000 IDC
• 1,000,001-1,500,000 = 5,000 IDC
• 1,500,001-2,000,000 = 2,500 IDC
• 2,000,001-2,500,000 = 1,400 IDC
• 2,500,000+ = 500 IDC

Windows: http://www.mediafire.com/download/bstascu6slp48ak/indocoin.zip | Mirror
Linux: http://www.mediafire.com/download/7997a752e79ir86/indocoin.zip | Mirror
Mac OS: Available for bounty
Source Code: https://github.com/indocoinproject/indocoin




Official Site: http://indocoin.net
Forums: http://indocoin.org/forums
IRC Channel: server: irc.freenode.net channel: #indocoin or WebChat
Block Explorer: http://indocoin.info
Faucet: http://indocoin.info/faucet/



1 Mining Pool will be provided upon launch. If you are pool operator and would like to mine Indocoin, please inform me by posting your pool info on this thread. I will update the mining pools list accordingly.

• http://idhash.com
• http://idc.72f.com/
• http://idc.okaypool.com/
• http://idc.hashhot.com
• http://idc.mikupool.com
• http://indo.minerstation.com/
• http://idc.pool.mn/
• http://www.thecryptopool.com
• http://www.bpool.cc
• rejectmining
• http://idc.pool666.com/
• http://www.minerstation.com:9834/static/ P2Pool

Currently none. If you are crypto-coin exchange owner and would like to put Indocoin on your exchange site, please inform me by posting your exchange site on this thread. I will update the exchanges list accordingly.

• AllCrypt https://www.allcrypt.com/market?id=775
• CoinNext https://coinnext.com/trade/IDC/BTC *I keep hearing bad things on them, better not to use this one atm

- http://finance.detik.com/read/2014/06/11/131744/2605060/5/saingi-bitcoin-indonesia-punya-indocoin
- http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/indocoin-a-cryptocurrency-for-indonesia/



Is this coin premined?
After the final compile, 60 blocks were mined for testing purpose, to make sure it is working as intended. After that, mining operation will be stopped until the launching where everyone can start mining. The premined coins will be used to pay bounty, my coffes, initial setup of Indocoin, some of them will be dumped to faucet or will be used as giveaway. All premined blocks can be seen on block explorer after launching. Also, no IPO.

This is another country-coin, is there airdrop?
No, unlike other country-coins that have airdrop to  give to their citizens, Indocoin does not have any airdrop planned.  Indonesia currently doesn’t have any form of online ID verification system. There is eKTP (Electronic Citizenship Card, or something) but it is nowhere near finish. In short, we cannot execute airdrop. We could simply use a scan of citizenship card (with personal info blurred ofc) but that is no good, people could send fake ID still. I believe, things such as Airdrop isn’t really essential and isn’t really needed to introduce a crypto currency to a country. It certainly nice to have free coins, but with a words of mouths, proper supports, localization, and the power of internet, should works wonder.

I don't know if every country need their own crypto coin, but so far most of country has their own fiat money, don't you think we all need to switch and use usd?  
Joking aside, the answer is up to you. My 10,000 rupiah might worth nothing to you, but to other Indonesian, it could get me a lunch. Same with Indocoin, might be just another country coin for you, but as long as people here are willing to accept them, then there's a need for that coin.

You will understand if you take a look how $1 worth in rupiah (1$ currently Rp 11,412). Over these years Indonesian already used to big digits numbers. A serving of Bakso cost me Rp. 5000, A computer Rp 3,5 millions. And so on, might be weird for you but not for them since they already used to it. That's why it has ridiculous amount of digits. Also if you consider Indonesian population now, that total number isn't that bad.

I've been in a slump on which algorithm to choose. X11, Scrypt-N, or just go with scrypt. Heck and now there's even X13. After I read a bit on warren post here, and take a look back on Indocoin goal that I wrote, I couldn't find any text on combatting ASIC. Then I ended up with scrypt, since combatting asic is not part of our goal.


Another questions, please post it on this thread, I will try to answer it my best.

Protokol crypto currency itu dibagi dua umumnya, pos dan pow. Pow itu protokol yg dipakai bitcoin dkk, dibacking oleh proof of work (bukti kerja) alias hashing power. Pos itu protokol alternatif pow yg dipakai peercoin dkk, lebih hemat energy dari pow, coin generationnya berdasarkan interest dari koin yang dimiliki.

hyip - high yield investment program, aka program investasi yang menawarkan penghasilan yang tinggi. biasanya berujung ke ponzi scheme, gali lubang tutup lubang, hasil investasi investor lama dibayarkan dari investasi investor baru, hasil investasi investor baru dibayarkan dari investasi investor yang baru lagi, diulang2 sampai kabur si penyelenggaranya.

escrow itu pihak perantara dalam transaksi. Kalo sering jual beli di kaskus, sering denger Rekber, nah rekber ini bisa dibilang escrow

Nggak kuat ane bitcoin-qt besar ukurannya. Suka pakai blockchain online wallet sisanya bertebaran di exchange.



Wah yang detect av apa?? dah dicoba diupload ke virustotal? ane belum pernah coba chakra coin sih,

Setelah pertimbangan yang matang, saya akhirnya memutuskan membuat Indocoin sebagai Proof of Work coin. Setuju sekali bahwa PoW membutuhkan resources yang lebih dibandingkan dengan PoS yang lebih hemat. Saya juga paham dengan semangat membara dalam memberi reward para early adopter. PoS juga unggul dalam mengatasi 51% attack yang menjadi momok dari koin PoW. Kalau PoS sebagai investasi sih bagus, tapi sebagai currency? Jika hanya menguntungkan bagi mereka yang menimbun koin mereka. Hal ini akan menciptakan sebuah lingkungan buatan dimana harga naik karena kelangkaan semu (Asumsi kebanyakan orang menimbun mata uang nya). Currency adalah media penukaran, semakin difungsikannya currency sebagai alat tukar semakin bagus,. Saya pribadi sih menilai, koin2 PoS disini kurang bagus difungsikan sebagai currency, tapi bagus difungsikan sebagai sebuah Investasi, seperti saham misalnya. Namanya juga proof of stake, stake kan saham ya  Sedangkan Proof of Work adalah Bukti kerja, apa sih artinya 1 BTC? Artinya adalah kita telah melakukan komputasi hash sha256 yang bernilai 1 bitcoin, meskipun bitcoin tersebut adalah hasil kita beli lewat rupiah, toh rupiah juga dapat dari mana, Dari kerja juga kan


Kira-kira begitu deh pendapat saya, saya bukan orang ekonomi sih    ni yang saya posting bener ato salah nggak tahu juga.