First of all I would like to thank all of you INFINITECOIN supporters out there. The last few months we have seen amazing growth, and HELD IT. I never imagined IFC would turn the corner so fast and gather so much support in such a small period of time. Beyond everyone here working hard to develop, support the community, and run the forum, we largely have the Chinese user base to thank for showing INFINITECOIN so much support. I want you to know we hear you cheering for IFC, and once the client is brought up to grade, I will be working very hard to build bridges between our US development team, and our massive Chinese user base.
One thing I would like to do to show my commitment to this is to bring a Chinese resident on board the client development team. We are mostly looking for a party experienced with cryptocurrency development, networking, trading systems, C++, and Python. Due to our limited language skills we would require this person has basic English speaking and typing skills for the sake of efficiency working in projects. All development work will be paid for in IFC. Please join up at
www.infinitecointalk.org and send me a message there if you are interested.
A lot of people have been asking for information on what is in store for 1.8.6. Let me give you a preview:
1. Advanced check pointing system to protect against a 51% attack. This will be a temporary measure until the full rebuild of 2.0 is completed. The block chain will be regularly monitored by the developers and regular checkpoints will be issued. This limits the effect of 51% attacks and makes recovery much faster and simpler. This will also include a warning message displayed in the client if issues are detected warning users to postpone transactions until the network is secured.
2. Transactions with large amounts of small outputs, also known as dust which slow the network and bloat the block chain size will now have a mandatory fee. Additionally there will be a fee for transactions over 1kb. This will not only make the network more efficient but will increase the incentive for miners to mine, raising the difficulty, and therefore making a 51% attack more difficult and costly to execute.
3. An optional default fee of 10 IFC will be set in the client for all transactions. This can be easily changed. I encourage you to pay this fee because it will strengthen the network. You will still have the option of setting it lower or even to zero in the client GUI if you must.
4. This version will include an installer which will support a web browser API which will automatically fill in the transaction information in the client with a click of a button. Simply click, sign in the client, and send. This will make setting up a cart system much simpler for merchants big and small.
There are a lot of other developments in store for INFINITECOIN and we are right on track to keep growing in the future. Support has materialized from many different places and we are in the right place at the right time to ride these harsh economic trends most of the world has been dealing with. Get some REAL money today and protect your wealth while supporting your community. Get INFINITECOIN!
