This is exactly what the colored coin, smart money etc.  functionality is for.

Have you seen coingen.io  service?  It creates alt-coins by just sending a couple of BTC.   What is the problem with it?   The coins it creates are in-secure.  You need hash rate to secure it.

When iXcoin supports native colored coins,  you can create an alt-coin on top of IXC.   So if you want say, 1 million coins then you will need to acquire something like 10,000 IXC.   The hash rate is secure by going on top of IXC.   It would look for the purpose of any other user like any other ALT-COIN.   You can define any kind of mining to create distribute coins,  PoS, PoW, Proof of Burn, Lottery, Random, BOINC,  prime generation etc.... but mining does not secure the coin,  it just functions as distribution.   The coin is already secure!

What this does is it makes IXC the 'mother of all coins'.  Just like Namecoin creates domain names.   IXC creates coins!

Really cool don't you think?

Thanks iampingu. I miss Vlad too. Even FrictionlessCoin... miss Vlad's... bounty.   

Yes, 3,000 alt coins... and very few of them secure.

However, iXcoin is going even one step further... we'll make 3,000 alt coins secure.... all of them feeding into the iXcoin infrastructure! 

Is there any chance to have this for IXCoin?
http://zerocoin.org
Or the CoinJoin extension?
https://bitcointalk.org/index.php?topic=279249.0

(This is the only reason Anoncoin is famous: they just promised to add these feature for complete anonymous transactions)

Here's some very interesting news:

http://thesovereignexchange.com/content/greenbank-acquires-20-sovereign-exchange-international

the reason that it is interesting of iXcoin, is that iXcoin will be able to issue users defined currency (which potentially could be backed by precious metals). 

Nobody in his right mind will use an insecure cryptocurrency network to back precious metals.

Absolutely ridiculous,  some guy pre-mines 2% of a coin 2 1/2 years ago and its called a scam.    Now 2 organization release coins a couple months ago that are 100% premined and it is now all kosher?

People are going to see through all the B.S. eventually.      Anyway, that is why among the advance coins... iXcoin will look the most fair among them (i.e. Mastercoin, NXT, Protoshares etc).

No response yet.

That is why, iXcoin has to market itself to appeal to the Wall Street players.   

Playing this game of trying to be the next DOGE is not the right game to play.

The game I am trying to preach is one of (1) Internationalsm  (2)  Security  (3) Maturity and (4) Innovative Technology

Nice and boring!

We are now considered just another "DOGE" . Damn!

https://bitcointalk.org/index.php?topic=134179.0

Please consult the charts found here:  http://www.ixcoin.co/?page_id=80  

Click on them to get a better view.

The most telling is the IXC BTC chart... it is virtually constant for a long time.  What that means is that as BTC goes up IXC also goes up.  So all the gains since April 2011 by BTC are also gained by IXC in terms of USD.   People who sold IXC years ago sold in about the same in BTC as it is today.   People who bought, also bought in about the same in BTC.

The problem is that people are secretly accumulating the coin.  Vlad is one of those folks.  This is one reason you never hear from him.  

It is a very DUMB STRATEGY in fact, simply ruined my original pump that drove the price up to the .0004 range.   What kind of idiot massively dumps the coin in seconds after a run up from .0002 to .0004?   Some greedy idiot trader.

That's why I have little respect for the Vlad character... besides... he owes me some bounty!

IXCoin became merged mined very early in its history, on mmpool at Bitparking, so it is possible hardly anyone has a huge stash of them except maybe owners of large popular merged mining pools and, of course, visionaries such as VladVlad the Impeller.

Everyone has had years to quietly pile up a small hoard though. I used to think small and figure 20 grand or so IXCoin and I0Coin would be plenty assuming I had no intention of digging them up until I heard they were worth at least a buck apiece.

Nowadays though I am much more blase (with an accent on the e, I don't know unicode) about a few grand here and there and figure oh heck if that only adds up to some 20 grand I might as well forget about them another while until they are worth at least $10 each...

-MarkM-

The problem is this is an scrypt coin isn't it?

Even if ASICs for scrypt come out do you think over half of the ASICs will devote their hashing power to securing NUGs?

It is extremely unlikely that more than one scrypt coin will end up with even half the scrypt mining power let alone more than half, unless they do get into merged mining.

Even if they do, ASIC for scrypt is likely to be expensive compared to ASIC for SHA256, and likely less manufacturers will even make them.

People already pretend that SHA256 ASICs are out of the reach of the masses despite block eruptors having dropped to prices lower than those of GPUs so imagine how out of the reach of the masses scrypt ASICs are going to be claimed to be, then throw in the likelihood of less manufacturers.

Maybe, just maybe, a merged mined family of scrypt coins might emerge and survive; all the rest are train wrecks waiting to happen.

So I still think some of the best under the radar opportunities right now are the merged mined SHA256 coinsw, especially CoiLedCoin and the lightning fast GeistGeld. (The crapcoin folks are always going on about how awesome fast blocks are, GeistGeld has lightning fast blocks but also has the potential for good solid security (high hash rate) like NaMeCoin, DeVCoin, IXCoin, I0Coin and the rest...

If you must go for scrypt coins at all, look for the two with the highest hash rate. The rest are toys / garbage / scams. Even number two is just an "also ran" unless it is merged mined alongside number one.

-MarkM-