[ANN] IXCoin [IXC] The Original Bitcoin Sidechain

[madawg]

Ma dawg knows the homeless shelter's menu   

You and hornetnest and the rest of ixcoiners will get to know it soon enough at this rate. In the meantime I recommend a large pot of it for ixcoin to help with constipation due to it getting it so hard to shit a block.

[1714198467]

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[1714198467]

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[madawg]

Why is IXCoin called "The Original Bitcoin Sidechain"?

[moderator's note: consecutive posts merged]

1st Bitcoin
(not considering tenebrix, solidcoin, etc)
(2nd) Namecoin  was not born to be a coin, but a free domain system
2nd Ixcoin: it is mined with Bitcoin (merge mining), using almost zero added energy, with potential high security.  580800 ixc premined, later frozen / burned and now all 580800 ixc under re-mining


[/quote]


Whay would that make it a sidechain or any different from any other turdcoin though. Any turdcoin can instamine 580800 coins and throw them at miners after the instamine which should not have been instamined in the first place. Ixcoin is a 1 cent instafail. Nobody gives a ratscat about any of the techno babble and only the bottom line. Shiw me the money is all that works in crypto. Everything else is mumbo jumbo geek circlejerky.

[cornhodlr]

Ok everyone we seem to have some form of consensus about what to replace with miningfund so will relay this to Fairglu and hopefully they will change it for us. @sandboxsand ,not sure if that can be done but will mention it.

[cornhodlr]

It could be nice to have an estimated "real" number of circulating/not burned ixc. Not easy actually. Two ways:

- simple estimate: 21M - (580800 + burned donations)
- super precise: 21M -  [(all ixc held/sent to the first 6050 addresses which are not redeemable, something more than 580800) + (burned donations)]

What do you say?

Not understanding this exactly....

"miningfund": 225263.55100000

Is miningfund the burned donations ? Also what is the 580800 ?

If there is a specific burn address because can also have it tracked.

[kickback]

https://www.grantthornton.co.nz/globalassets/1.-member-firms/new-zealand/pdfs/f20240301-sealed-orders-for-distribution-of-cryptocurrencies.pdf

point 20

the bigger ixc address you can see in the explorer and other smaller ones are in the hands of these lawyers
and maybe they will not even bother to distribute them, having not enough value

if anyone has any interest and means to revive this coin, he/she should knock on the door of these gentlemen

2M+ ixc on the table

If cryptopia had 2 million ixcoins there are probably a good few claims in by whoever owns them. Not sure anyone can claim them except their rightful owners due to the ruling that all held assets are the property of their rightful owners but they may have the right to sell unclaimed holdings after the deadline cut off period and distribute whatever they are sold for among everyone on the platform who made a claim. All ixcoins claimed for through the portal are legally owned by the claimant who proves that they bought them.

[kickback]

Not understanding this exactly....

"miningfund": 225263.55100000

Is miningfund the burned donations ? Also what is the 580800 ?

If there is a specific burn address because can also have it tracked.

Great! You can see your donations here:
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

the "nulldata" address (https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm) stopped tracking them for some reason.

Maybe that post above can be helpful until sandboxsand or iraf gets back to you.

[iRaf]

Not understanding this exactly....

"miningfund": 225263.55100000

Is miningfund the burned donations ? Also what is the 580800 ?

If there is a specific burn address because can also have it tracked.

The 580800 coins were the premine. That amount comes from the first 6050 blocks (6050 x 96 ixc block reward).

On the last wallet update, those coins were locked and added to the mining fund so they could be mined again. The miningfund command shows what's left of said premine + donations.

You can track the donations with the block explorer links I posted before.

[cornhodlr]

Not understanding this exactly....

"miningfund": 225263.55100000

Is miningfund the burned donations ? Also what is the 580800 ?

If there is a specific burn address because can also have it tracked.

The 580800 coins were the premine. That amount comes from the first 6050 blocks (6050 x 96 ixc block reward).

On the last wallet update, those coins were locked and added to the mining fund so they could be mined again. The miningfund command shows what's left of said premine + donations.

You can track the donations with the block explorer links I posted before.

Thanks,I will relay this to Fairglu who runs the blockexplorer.

[iRaf]

Thanks,I will relay this to Fairglu who runs the blockexplorer.

https://chainz.cryptoid.info/ixc/
Also, the block explorer shows 21,405,082 IXC outstanding, which is wrong. We can get an approximate of that number by doing: 21,000,000(IXC max supply) + 580,800(premine) + 50,446(donations) - 225,244(miningfund).
As you can see, it is counting the premine and donations twice, because the max supply is already counting them. To fix this, just do: ixc max supply - miningfund.

Total donations = ~50,446
https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

Premine = ~580,800

Mining fund left = ~225,244

I'm bad at math. If I did something wrong, let me know.

[cornhodlr]

Thanks,I will relay this to Fairglu who runs the blockexplorer.

https://chainz.cryptoid.info/ixc/
Also, the block explorer shows 21,405,082 IXC outstanding, which is wrong. We can get an approximate of that number by doing: 21,000,000(IXC max supply) + 580,800(premine) + 50,446(donations) - 225,244(miningfund).
As you can see, it is counting the premine and donations twice, because the max supply is already counting them. To fix this, just do: ixc max supply - miningfund.

Total donations = ~50,446
https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

Premine = ~580,800

Mining fund left = ~225,244

I'm bad at math. If I did something wrong, let me know.

Updated locked (and effectively subtracted) the premine from the supply,but also made those coins available again through mining, and mininfund tracks how many of those former premine are left for miners.

The part he is less sure is that donations are also made available for miner rewards ?

The change from nulldata to op_return is when the explorer started tracking op_return separately from other "nulldata" output (this nulldata is how some outputs are/were qualified/named in the RPC API).

He will do a full resynch of the explorer.So this should merge all nulldata that are actually op_return together?

[sandboxsand]

great

btw

Grand Total today  -  [580,800(premine) + 50,446(donations) ]

[iRaf]

Updated locked (and effectively subtracted) the premine from the supply,but also made those coins available again through mining, and mininfund tracks how many of those former premine are left for miners.

The part he is less sure is that donations are also made available for miner rewards ?

The change from nulldata to op_return is when the explorer started tracking op_return separately from other "nulldata" output (this nulldata is how some outputs are/were qualified/named in the RPC API).

He will do a full resynch of the explorer.So this should merge all nulldata that are actually op_return together?

Hmm, I thought donations were supposed to get mined. Maybe they have a different purpose? What are OP_RETURN scripts used for?

Looks like the nulldata and op_return addresses are now one single address(op_return).

[cornhodlr]

 Can any of you guys contact fairglu at contact@cryptoid.info to get any outstanding issues with the explorer sorted?He will make whatever ammendments you want.

[IXcoinMADEmePOOR]

Can any of you guys contact fairglu at contact@cryptoid.info to get any outstanding issues with the explorer sorted?He will make whatever ammendments you want.

I don't see the mining fund tab on the block explorer?

[IXcoinMADEmePOOR]

Thanks,I will relay this to Fairglu who runs the blockexplorer.

https://chainz.cryptoid.info/ixc/
Also, the block explorer shows 21,405,082 IXC outstanding, which is wrong. We can get an approximate of that number by doing: 21,000,000(IXC max supply) + 580,800(premine) + 50,446(donations) - 225,244(miningfund).
As you can see, it is counting the premine and donations twice, because the max supply is already counting them. To fix this, just do: ixc max supply - miningfund.

Total donations = ~50,446
https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

Premine = ~580,800

Mining fund left = ~225,244

I'm bad at math. If I did something wrong, let me know.

It now says Outstanding 21,356,772 IXC and here https://chainz.cryptoid.info/ixc/address.dws?op_return.htm now says 73,476.671 IXC Burned

https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm just says INVALID ADDRESS

[madawg]

Thanks,I will relay this to Fairglu who runs the blockexplorer.

https://chainz.cryptoid.info/ixc/
Also, the block explorer shows 21,405,082 IXC outstanding, which is wrong. We can get an approximate of that number by doing: 21,000,000(IXC max supply) + 580,800(premine) + 50,446(donations) - 225,244(miningfund).
As you can see, it is counting the premine and donations twice, because the max supply is already counting them. To fix this, just do: ixc max supply - miningfund.

Total donations = ~50,446
https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

Premine = ~580,800

Mining fund left = ~225,244

I'm bad at math. If I did something wrong, let me know.

It now says Outstanding 21,356,772 IXC and here https://chainz.cryptoid.info/ixc/address.dws?op_return.htm now says 73,476.671 IXC Burned

https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm just says INVALID ADDRESS

Your point being?

[hornetsnest]

Thanks,I will relay this to Fairglu who runs the blockexplorer.

https://chainz.cryptoid.info/ixc/
Also, the block explorer shows 21,405,082 IXC outstanding, which is wrong. We can get an approximate of that number by doing: 21,000,000(IXC max supply) + 580,800(premine) + 50,446(donations) - 225,244(miningfund).
As you can see, it is counting the premine and donations twice, because the max supply is already counting them. To fix this, just do: ixc max supply - miningfund.

Total donations = ~50,446
https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

Premine = ~580,800

Mining fund left = ~225,244

I'm bad at math. If I did something wrong, let me know.

It now says Outstanding 21,356,772 IXC and here https://chainz.cryptoid.info/ixc/address.dws?op_return.htm now says 73,476.671 IXC Burned

https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm just says INVALID ADDRESS

Your point being?

[IXcoinMADEmePOOR]

Why was there approximately 10 hours between block 882547 and 882546 ?

[madawg]

Thanks,I will relay this to Fairglu who runs the blockexplorer.

https://chainz.cryptoid.info/ixc/
Also, the block explorer shows 21,405,082 IXC outstanding, which is wrong. We can get an approximate of that number by doing: 21,000,000(IXC max supply) + 580,800(premine) + 50,446(donations) - 225,244(miningfund).
As you can see, it is counting the premine and donations twice, because the max supply is already counting them. To fix this, just do: ixc max supply - miningfund.

Total donations = ~50,446
https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm
https://chainz.cryptoid.info/ixc/address.dws?op_return.htm

Premine = ~580,800

Mining fund left = ~225,244

I'm bad at math. If I did something wrong, let me know.

It now says Outstanding 21,356,772 IXC and here https://chainz.cryptoid.info/ixc/address.dws?op_return.htm now says 73,476.671 IXC Burned

https://chainz.cryptoid.info/ixc/address.dws?nulldata.htm just says INVALID ADDRESS

Your point being?

If you keep telling yourself that over and over enough times it will become real for you much like all those other fantasies about ixcoin being of any actual use to anyone these days.

[madawg]

Why was there approximately 10 hours between block 882547 and 882546 ?

Constipation?