Ixcoin TODO

[markm]

I guess you haven't been following the merged mining news.

All merged mined coins all need the same thing as a base from which they can then each make the minor modifications that make each of them different.

They all need a copy of boitcoin with the merged mining patches applied. ONLY the merged mining patches applied.

That is, not start toward making it a different coin yet than bitcoin; just bitcoin plus the ability to be a secondary chain in a merge.

Once that common base exists, then each merged mined coin can fork it and put in the minor mods that differentiate them, such as their magic handshake bytes, IRC channel, default ports, icon, name of coin and three letter symbol for coin, merged chain identifier and so on.

All the merged mined coins are all waiting for this common base. Once it is ready it will be almost trivial per coin to update all the merged mined coins.

Thus I have created a github repo at https://github.com/knotwork/Mergecoin

"Mergecoin" is to be that common base. It is a fork of recent bitcoin, the merged mining patches were applied but of course a lot of chunks of them failed to apply because bitcoin has changed so much, especially it now does not use BDB database.

So, there are still rejected chunks, the .rej files.

I made a CHANGES file or somesuch detailing which rejected pieces I have managed to manually apply so far.

If anyone can manage to manually apply any of the rest that would be great, submit a pull request when you get it right.

Once all the patches are applied it should, if it actually works, be ready for one of the merged mined coins to try actually using it to make a new updated version of itself and see if it really works. If it does all the other merged mined coins can easily also be updated.

So basically merged miners everywhere are waiting on this "Mergecoin", I just haven't been able to get back to it for some days now. The easy part was easy, the rejected chunks left to apply now could be harder as applying them correctly is likely to require an understanding of the old BDB database and the new type of database.

Hopefully someone out there will not find this hard at all and whip up some good pulls for us. But if not oh well the longer it takes to update the merged mined coins the less new miners are likely to flood into them so the more coins for those who are already merged mining.

-MarkM-

[tazman]

Thus I have created a github repo at https://github.com/knotwork/Mergecoin

"Mergecoin" is to be that common base. It is a fork of recent bitcoin, the merged mining patches were applied but of course a lot of chunks of them failed to apply because bitcoin has changed so much, especially it now does not use BDB database.

-MarkM-

Sounds like a good plan.  Did you use Bitcoin 0.8.2 as the baseline?

[emfox]

The source in the git is more than 18 months old... ok, I'll check it out and try to set the block explorer up.

Yes, I believe that's the latest.

So it's up, visit it at http://block.al.tcoin.info/chain/Ixcoin.

[tazman]

So it's up, visit it at http://block.al.tcoin.info/chain/Ixcoin.

It works!  Thanks.

[ssateneth]

Howabout switch up Ixcoin to Scrypt?

No. Terrible idea.

[tazman]

Howabout switch up Ixcoin to Scrypt?

No. Terrible idea.

I agree.  We need to keep some SHA-256's.  Too much scrypt is just as bad as too much SHA-256.  Besides you can't merge mine with scrypt... yet.

[K1773R]

How about a block explorer?

http://darkgamex.ch:2751/

[ayayay]

Also trades on  Cryptsy.com


https://www.cryptsy.com/markets/view/38

[Nasakioto]

So it's up, visit it at http://block.al.tcoin.info/chain/Ixcoin.

http://darkgamex.ch:2751/

Looks great guys. Good to have a couple of Ixcoin block explorers online. Shall we split the bounty between you two? Are you ok with that?

I like the merged mining.  I'll add 10,000 IXC to the bounty for the Ixcoin client upgrade.

Ok thanks. Let's see if someone is interested in pursuing dev on the updated client.


By the way, there also a bunch of nice Ixcoin stats up at http://cryptometer.org

[Nasakioto]

I'm looking for Ixcoin nodes to add on the Ixcoin website. Someone mentioned 198.154.60.183. Anybody got more?

[doublec]

I'm looking for Ixcoin nodes to add on the Ixcoin website. Someone mentioned 198.154.60.183. Anybody got more?

50.116.37.18 is a long running node I run.

[TheSwede75]

Howabout switch up Ixcoin to Scrypt?

What? Oh dear..

[Nasakioto]

50.116.37.18 is a long running node I run.

Thanks. I've added it to the main Ixcoin.org page.

[Nasakioto]

I've updated http://www.ixcoin.org but including the defunct FAQ from the wiki and modifying/pruning some of the links. I'm hoping to update it as we get Ixcoin back on track.

I'm trying to update the blockchain on the one of my Ixcoin clients and it seems to accept a 100+ new block then it stops. I get this error:

Code:

ProcessBlock: ACCEPTED
6/23/2013 20:11:00 received: block (215 bytes)
received block 00000000007d8592b9b6
SetBestChain: new best=00000000007d8592b9b6  height=32909  work=2831870114916795
78
ProcessBlock: ACCEPTED
6/23/2013 20:11:00 received: block (472 bytes)
received block 0000000000c45a47e5a7
SetBestChain: new best=0000000000c45a47e5a7  height=32910  work=2831878210820850
37
ProcessBlock: ACCEPTED
6/23/2013 20:11:00 received: inv (37 bytes)
  got inventory: block 7e8f31b9ea7e2fc9f983  new
askfor block 7e8f31b9ea7e2fc9f983   0
6/23/2013 20:11:00 received: addr (781 bytes)
sending getdata: block 7e8f31b9ea7e2fc9f983
6/23/2013 20:11:00 sending: getdata (37 bytes)
6/23/2013 20:11:00 received: addr (871 bytes)
6/23/2013 20:11:00 received: addr (751 bytes)
6/23/2013 20:11:00 received: addr (931 bytes)
6/23/2013 20:11:01 sending: addr (31 bytes)
6/23/2013 20:11:01 received: block (946 bytes)
received block 7e8f31b9ea7e2fc9f983
ERROR: CheckProofOfWork() : hash doesn't match nBits
ERROR: CheckBlock() : proof of work failed
ERROR: ProcessBlock() : CheckBlock FAILED
6/23/2013 20:11:01 received: addr (631 bytes)
AddAddress(188.115.157.82:8337)
6/23/2013 20:11:02 sending: addr (31 bytes)
6/23/2013 20:11:02 received: addr (451 bytes)
6/23/2013 20:11:18 received: addr (721 bytes)
terminate called after throwing an instance of 'DbException'
  what():  DbEnv::close: Invalid argument

If I restart it, it updates another 100+ blocks, then I get the same error. Any idea?

[Vlad2Vlad]

Man, I'm so glad to see the founder is back at the wheel of this coin.

ixCoin impressed me when it got abandoned yet it was still alive and well so I bought over 40,000 coins about 6 weeks ago.

That's not much but it would take me 2 years to mine that many coins.

ixCoin is one of the top alt coins in my opinion and when people realize that and get tired of bitcoin they will start looking for alternatives. 

[jackjack]

ixCoin is one of the top alt coins in my opinion

Are you serious?
Could you tell me what features it has? (except you having 40k coins of it)

[Vlad2Vlad]

ixCoin is one of the top alt coins in my opinion

Are you serious?
Could you tell me what features it has? (except you having 40k coins of it)

You're thinking like a computer guy.

Think like a consumer.  A dumb consumer.  A dumb consumer in a huge herd looking to make millions overnight just like your neighbor John, cause if he did it I know I can too.  Think like that idiot cause there's over 100 million hamburger eating, diet choke drinking sheep just like that and they have no idea what bitcoin is but they're soon gonna find out and in a big way.

For example, Bitcoin has the least features compared to the newer coins, and the reason is simple, it was the first, a prototype - while all the rest built on Bitcoin's weaknesses.

So let me ask:  why is bitcoin $100 while PPcoin is worth pennies when Bitcoin drains the energy of a nuclear powerplant while PPcoin is as green as you can get?

The reason is people don't care about features.  This isn't a convertible car versus one with AC.  People aren't looking for utility, this is digital and that much they know - it's not real, so they look for what they can understand and right now 98% of the alt coin market participants are the best and most computer literate guys.

So what happens in 6-12 months when bitcoin really takes off and the average joe wants in on the riches of bitcoin and he's willing to speculate and risk by investing say $3,000?

You think Joe is gonna buy bitcoin at $200 or he's gonna look for the closest thing to what he sees as an expensive coin - something just like that valuable bitcoin?  You think the average person is going to do massive research to find the one with power breaks and ABS?

No, cause they all understand it's not real so most won't even think about features.  What most will look for is a clone - a coin just like bitcoin, or close to it, cause if it's just like bitcoin then it has to go up cause look, bitcoin went up.

And let me tell you, it's gonna be hard to find a coin which resembles bitcoin that is better and has been around longer than ixCoin.  Cause that's another thing people look at, how long has this coin been around.  Cause most will worry a new coin may be a scam so as far as I'm concerned - looking at it from the point of view of marketing, mass media, and herd mentality - ixCoin is up there in the top 5 coin one should risk some money accumulating.

Cause the hype is coming - count on it.  Bitcoin was started by the state and the banks and they want it to succeed badly so get ready for some mad hype and we're gonna go from a 1% participation rate now to some crazy 50%+ market participants and for about a year there will not be enough coins to go around and these lemmings will buy anything which they see as the next bitcoin and ixCoin has a lot of that DNA.  

Decion is another one of those that has the potential to really take off for reasons other than what a computer guy would ever think about. I've accumulating devcoin at a much higher clip than any other coin.

And man, I think a CatholicCoin would take off like crazy but nobody seems to get it, but I can't program and i have little cash to hire anyone, so I'm stuck waiting on that one.

Buy and hold as many coins as you can cause the mad media hype is coming.  

Good luck.

[jackjack]

Looks like you answered to the wrong question.

I was asking why is Ixcoin better than another altcoin?
The only thing about this in your post is that it's older than others.

I don't think a 'dumb consumer' would value this as he'd prefer being an early adopter but ok.
Assuming you're right, why Ixcoin would be better than Namecoin? Or Devcoin? Moreover when both of them have active developpers who didn't disappear for more than a year?

[Vlad2Vlad]

Looks like you answered to the wrong question.

I was asking why is Ixcoin better than another altcoin?
The only thing about this in your post is that it's older than others.

I don't think a 'dumb consumer' would value this as he'd prefer being an early adopter but ok.
Assuming you're right, why Ixcoin would be better than Namecoin? Or Devcoin? Moreover when both of them have active developpers who didn't disappear for more than a year?

I did answer your question.  My answer revolves around money and value.  You want an answer based on technical terms, block chains, software and energy efficiencies and the truth is none of that matters cause if the current market participants don't put any real value on that stuff now and you guys actually understand it, then why would you think the masses which don't understand most of that stuff will care.  

The value of a coin is all this matters and since bitcoin has the least features then that proves features don't matter much at all.

Now if you're the state and you want to pick just one coin and kill off the rest which is what will happen then sure, features will come into play but by then all the money will be made by the early adopters and the masses will get shafted by the biggest global Ponzi scheme the world has ever seen.

And finally, the mass consumer is never an early adopter.  Early adopters are usually fringe types like programmers, usually educated, risk takers and usually affluent.  The masses may posses one or two of those characteristics.

If you want to be in on this scheme the govt is running just buy the cheap coins like ixCoin and devcoin and mine the rest.  Soon there will be 300 alt coins but some of these older ones will get a lot of attention and they will also have a big following due to name recognition and the time these older coins had to build a base.

If you can accumulate just 10 coins and you have maybe 1 more year at most to do it, and you don't sell for a quick quadruple which is what most people will do then you stand a very good chance to make a million dollars or more.  

Most will not become millionaires cause most will sell out the second they see 5 figures in their screen. And that's part of why this Ponzi scheme will work for a few years - lots of early sellers creates buying opportunities for the next batch and so forth until there's not enough buyers to support the masses and since there's ZERO real intrinsic value in these coins then most will crash.

I say most cause some will have the brains like devcoin to start an actual business so those few smart ones will becomes something totally new:  CryptoStocks.  Half currency and half real company or a stock you can value.  That will be amazing to watch happen and devcoin is the first to attempt it.  

The fact bitcoin is worth over $1 billion and is not even thinking of starting a real business adds value to the idea that it's a coin started by the state and there's no long term plan so why start a business.  Bitcoin is simply the bait which brings in the developers, new better coins, and soon - the masses, that's the only purpose for bitcoin which makes sense when you add it all up.  

I would have sold bitcoins and started a real company by now - given the founders were brilliant and educated yet none have started a real business is mind boggling.  Devcoin ain't worth anything and they're at least trying - which is why it's my top pick.  Lots of stock speculators will look for a coin which has a business Plan and devcoin is the only one.  This a stock speculators dream.

[jackjack]

You cited Ixcoin only once: "If you want to be in on this scheme the govt is running just buy the cheap coins like ixCoin and devcoin and mine the rest." This doesn't answer my question.

All the rest is completely off-topic.

Let's try again: why is Ixcoin better than another altcoin like Namecoin? Or Devcoin? Moreover when both of them have active developpers who didn't disappear for more than a year?