Ixcoin TODO

[Vlad2Vlad]

Also, doesn't PeerCoin have a limitless printing press compared to only 21 million for iXcoin?  That alone would be a deal breaker for me but it seems people simply don't know or don't care.  Or was it Primecoin with infinite coins?  Either way - they're way overpriced compared to iXcoin.

[FrictionlessCoin]

This is a very interesting application for colored coins:

https://github.com/wetube/bitcloud/blob/master/Bitcloud%20Nontechnical%20White%20Paper.md

In this application you define a coin that represents bandwidth.

Then you create a P2P algortihm that distributed coins based on bandwidth made available.  

These coins then may be traded by nodes in the network to gain bandwith access.

Very useful for mobile applications!!!

Cool!

The reason this requires colored coins and not say bitcoins is that the price of bitcoin relative to bandwidth is not constant,  you want a currency that is pegged to bandwidth.   In fact, this notion of trading commodities in a competely decentralized manner is extremely powerful and can be applied to many industries.

Can you folks think of more examples?

Man... I should start talking to a VC to gobble up all these cheap IXC coins!

[iampingu]

Also, doesn't PeerCoin have a limitless printing press compared to only 21 million for iXcoin?  That alone would be a deal breaker for me but it seems people simply don't know or don't care.  Or was it Primecoin with infinite coins?  Either way - they're way overpriced compared to iXcoin.

XPM has unlimited coins. It's also garbage.

[Vlad2Vlad]

Does anyone know if there's anyway to look up like the largest wallets on the blockchain?  I'd like to know if there's are any wallets (and the number of wallets) with a large number of coins.  Cause I have a hard time believing out of 17 million coins there are never any large sellers, not now at 12 cents and not when it was half a cent.

I've seen articles on Bitcoin talking about how large wallets were found in the chain but I don't know how to do that.

There's an idea for a great site.  You just need a program which searches any blockchain using various criteria, like from largest wallet to smallest.

TIA.

[iampingu]

Does anyone know if there's anyway to look up like the largest wallets on the blockchain?  I'd like to know if there's are any wallets (and the number of wallets) with a large number of coins.  Cause I have a hard time believing out of 17 million coins there are never any large sellers, not now at 12 cents and not when it was half a cent.

I've seen articles on Bitcoin talking about how large wallets were found in the chain but I don't know how to do that.

There's an idea for a great site.  You just need a program which searches any blockchain using various criteria, like from largest wallet to smallest.

TIA.

I don't see how tweaking/using znorts parser wouldn't work. I'll have a mess around with it. Since it's relatively similar it shouldn't be too hard.

[Vlad2Vlad]

Does anyone know if there's anyway to look up like the largest wallets on the blockchain?  I'd like to know if there's are any wallets (and the number of wallets) with a large number of coins.  Cause I have a hard time believing out of 17 million coins there are never any large sellers, not now at 12 cents and not when it was half a cent.

I've seen articles on Bitcoin talking about how large wallets were found in the chain but I don't know how to do that.

There's an idea for a great site.  You just need a program which searches any blockchain using various criteria, like from largest wallet to smallest.

TIA.

I don't see how tweaking/using znorts parser wouldn't work. I'll have a mess around with it. Since it's relatively similar it shouldn't be too hard.

Znorts Parser?  What?  That sounds like a new way of doing hard drugs.  lol.

I'll google it as I'm interesting in what it is and how it works.

And granted, someone could have millions of coins in many smaller wallets but I'm thinking of a pool is hoarding them then they'll probably have then in one or 2 wallets.

[iampingu]

Does anyone know if there's anyway to look up like the largest wallets on the blockchain?  I'd like to know if there's are any wallets (and the number of wallets) with a large number of coins.  Cause I have a hard time believing out of 17 million coins there are never any large sellers, not now at 12 cents and not when it was half a cent.

I've seen articles on Bitcoin talking about how large wallets were found in the chain but I don't know how to do that.

There's an idea for a great site.  You just need a program which searches any blockchain using various criteria, like from largest wallet to smallest.

TIA.

I don't see how tweaking/using znorts parser wouldn't work. I'll have a mess around with it. Since it's relatively similar it shouldn't be too hard.

Znorts Parser?  What?  That sounds like a new way of doing hard drugs.  lol.

I'll google it as I'm interesting in what it is and how it works.

And granted, someone could have millions of coins in many smaller wallets but I'm thinking of a pool is hoarding them then they'll probably have then in one or 2 wallets.

https://github.com/znort987/blockparser

There you go fella, that's the basic source of the BTC one, used to compile http://bitcoinrichlist.com/top100.

It wouldn't be held in one wallet as you say

[Vlad2Vlad]

This is a very interesting application for colored coins:

https://github.com/wetube/bitcloud/blob/master/Bitcloud%20Nontechnical%20White%20Paper.md

In this application you define a coin that represents bandwidth.

Then you create a P2P algortihm that distributed coins based on bandwidth made available.  

These coins then may be traded by nodes in the network to gain bandwith access.

Very useful for mobile applications!!!

Cool!

The reason this requires colored coins and not say bitcoins is that the price of bitcoin relative to bandwidth is not constant,  you want a currency that is pegged to bandwidth.   In fact, this notion of trading commodities in a competely decentralized manner is extremely powerful and can be applied to many industries.

Can you folks think of more examples?

Man... I should start talking to a VC to gobble up all these cheap IXC coins!

Do you know any VC or are you using a hyperbole?

I was convinced 6 months ago that either bankers or VC's would take over iXcoin so we will see what happens.  This entire colored coin premise gets more and more interesting and limitless in scope.

LFP - Limitless Features Protocol. 

Or....

LAP - Limitless Applications Protocol.

Can iXcoin become the first LAP coin?

Either one defines the nature and near infinite possibilities of this colored coins scheme.

[RoadTrain]

All the infrastructure is in place to make it a major coin.   Peercoin for example has a 100+ million market cap, but only 550 tera hash to secure its network.  Compare that with iXcoin with 10,200 tera hash.    Also, I don't see any new PeerCoin innovation,  their client is still back on version 0.6 or something.

PeerCoin doesn't really need hashes to secure the network, it's secured by other means.

You are entirely mistaken.  PPC proof of work secures the network,   PPC proof of stake keeps the network moving when there aren't enough miners to secure the network.  You can see how it works by just looking at the block explorer.   When miners can't keep up with the difficulty, PoS kicks in.

Sorry to say, but the one who's mistaken is you.
In PPC PoS secures the network while PoW is supplementary and helps distribute coins.
PoW blocks are granted score of 1 while for PoS score is computed as

Code:

(CBigNum(1)<<256) / (bnTarget+1)

It means that any PoW block can be overwritten by a PoS one. So PoW doesn't contribute to chain security.
You can check GetBlockTrust method in main.h.

[Vlad2Vlad]

https://github.com/znort987/blockparser

There you go fella, that's the basic source of the BTC one, used to compile http://bitcoinrichlist.com/top100.

It wouldn't be held in one wallet as you say

Thanks.  It figures there's nothing as simple as a search engine.  That would be a top website - with search features for any blockchain out there.

Thanks again.

[Vlad2Vlad]

All the infrastructure is in place to make it a major coin.   Peercoin for example has a 100+ million market cap, but only 550 tera hash to secure its network.  Compare that with iXcoin with 10,200 tera hash.    Also, I don't see any new PeerCoin innovation,  their client is still back on version 0.6 or something.

PeerCoin doesn't really need hashes to secure the network, it's secured by other means.

You are entirely mistaken.  PPC proof of work secures the network,   PPC proof of stake keeps the network moving when there aren't enough miners to secure the network.  You can see how it works by just looking at the block explorer.   When miners can't keep up with the difficulty, PoS kicks in.

Sorry to say, but the one who's mistaken is you.
In PPC PoS secures the network while PoW is supplementary and helps distribute coins.
PoW blocks are granted score of 1 while for PoS score is computed as

Code:

(CBigNum(1)<<256) / (bnTarget+1)

It means that any PoW block can be overwritten by a PoS one. So PoW doesn't contribute to chain security.
You can check GetBlockTrust method in main.h.

MarkM would be the perfect tie-breaker here.

[iampingu]

All the infrastructure is in place to make it a major coin.   Peercoin for example has a 100+ million market cap, but only 550 tera hash to secure its network.  Compare that with iXcoin with 10,200 tera hash.    Also, I don't see any new PeerCoin innovation,  their client is still back on version 0.6 or something.

PeerCoin doesn't really need hashes to secure the network, it's secured by other means.

You are entirely mistaken.  PPC proof of work secures the network,   PPC proof of stake keeps the network moving when there aren't enough miners to secure the network.  You can see how it works by just looking at the block explorer.   When miners can't keep up with the difficulty, PoS kicks in.

Sorry to say, but the one who's mistaken is you.
In PPC PoS secures the network while PoW is supplementary and helps distribute coins.
PoW blocks are granted score of 1 while for PoS score is computed as

Code:

(CBigNum(1)<<256) / (bnTarget+1)

It means that any PoW block can be overwritten by a PoS one. So PoW doesn't contribute to chain security.
You can check GetBlockTrust method in main.h.

MarkM would be the perfect tie-breaker here.

Sing the song, and do the dance, maybe we can summon the great one himself

[Vlad2Vlad]

All the infrastructure is in place to make it a major coin.   Peercoin for example has a 100+ million market cap, but only 550 tera hash to secure its network.  Compare that with iXcoin with 10,200 tera hash.    Also, I don't see any new PeerCoin innovation,  their client is still back on version 0.6 or something.

PeerCoin doesn't really need hashes to secure the network, it's secured by other means.

You are entirely mistaken.  PPC proof of work secures the network,   PPC proof of stake keeps the network moving when there aren't enough miners to secure the network.  You can see how it works by just looking at the block explorer.   When miners can't keep up with the difficulty, PoS kicks in.

Sorry to say, but the one who's mistaken is you.
In PPC PoS secures the network while PoW is supplementary and helps distribute coins.
PoW blocks are granted score of 1 while for PoS score is computed as

Code:

(CBigNum(1)<<256) / (bnTarget+1)

It means that any PoW block can be overwritten by a PoS one. So PoW doesn't contribute to chain security.
You can check GetBlockTrust method in main.h.

MarkM would be the perfect tie-breaker here.

Sing the song, and do the dance, maybe we can summon the great one himself

lol.


Mark, Mark, Mark.....I forget the rest of the words.

[FrictionlessCoin]

Sorry to say, but the one who's mistaken is you.
In PPC PoS secures the network while PoW is supplementary and helps distribute coins.
PoW blocks are granted score of 1 while for PoS score is computed as

Code:

(CBigNum(1)<<256) / (bnTarget+1)

It means that any PoW block can be overwritten by a PoS one. So PoW doesn't contribute to chain security.
You can check GetBlockTrust method in main.h.

That formula that you show has got nothing to do with security.

High Hash Rate equates to higher security... that is just plain fundamentals.

Claiming PoS secures a network is like saying that NXT with its 100% PoS is the most secure coin ever devised.

So don't give me this B.S. that PoS secures the network.  All it does is it secures the profits of the current stake holders.  Kind of like a Ponzi scheme.

[FrictionlessCoin]

I am having trouble with Vircurex.

It seems to have a bug.  The panels for buy and sell of the coin isn't displaying?

Anyone else see this problem.

Please confirm... note:  the weekend it coming up!

[Vlad2Vlad]

I am having trouble with Vircurex.

It seems to have a bug.  The panels for buy and sell of the coin isn't displaying?

Anyone else see this problem.

Please confirm... note:  the weekend it coming up!

You're probably using an iPad. Scroll All the way down.  That's where they're at.  First click on IXC/BTC pair of course.

And don't forget to release the order after you placed it.  That's at the far bottom as well.

[FrictionlessCoin]

I am having trouble with Vircurex.

It seems to have a bug.  The panels for buy and sell of the coin isn't displaying?

Anyone else see this problem.

Please confirm... note:  the weekend it coming up!

You're probably using an iPad. Scroll All the way down.  That's where they're at.  First click on IXC/BTC pair of course.

And don't forget to release the order after you placed it.  That's at the far bottom as well.

I'm using a mac.  Both the chrome and safari browsers are not rendering the page correctly. 

Can you confirm that its just my system that has this issue?

[markm]

Are you sure you are still logged in?

-MarkM-

[FrictionlessCoin]

Are you sure you are still logged in?

-MarkM-

Can you confirm that it is just my system?

[markm]

Nope.

But it is not my system.

I have been using Vircurex to post offers all day without problem.

(Firefox on Fedora 17.)

-MarkM-