[ANNOUNCE] Ixcoin - a new Bitcoin fork

[Littleshop]

This is a great way to launder your bitcoins....

If you have to buy btc using usd you are linked to the coins you buy but if you then buy ixcoins which is a different blockchain youve effectively gone off the grid.

 

And so has your money. 

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[Littleshop]

As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship.  It is quite on the topic of bitcoin. 

[nmat]

As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship.  It is quite on the topic of bitcoin.  

That is arguable. This is Bitcoin forum and there is a Bitcoin discussion section. The topic is about Ixcoin, which has its own forums,  so it doesn't seem totally unappropriated to consider it offtopic here...

[payb.tc]

As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship.  It is quite on the topic of bitcoin.  

That is arguable. This is Bitcoin forum and there is a Bitcoin discussion section. The topic is about Ixcoin, which has its own forums,  so it doesn't seem totally unappropriated to consider it offtopic here...

here's a test: is namecoin offtopic?

[Nasakioto]

here's a test: is namecoin offtopic?

Touché...

[nmat]

here's a test: is namecoin offtopic?

Oh... Of course. I didn't remember that  You are right then. They are technically similar.

The only difference is that namecoins were created with a purpose

[anty]

http://s2.postimage.org/wi0897tw/ixcoinlol.jpg

[dancupid]

I for one am happy that this exists. We need more of these experiments.
I'd like to see a cloneCoin client that accepts the current blockchain and then forks. That would be a useful experiment (becasue one day that will have to happen with bitcoin)

[JohnDoe]

So people are actually buying these huh? Intriguing.

Btw, the max amount of bitcoins will be reached around year 2140, not 2033.

[nmat]

inb4 this


00011000
00188100
00188100
00188100
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01810181
01110111

 

[dancupid]

So people are actually buying these huh? Intriguing.

Btw, the max amount of bitcoins will be reached around year 2140, not 2033.

I bought some (28 Ixcoins) just to see how it worked.  The fact that within a day we already have an independent exchange is pretty spectacular. It proves the power of decentralized digital currency. (and it's adds to the anonymity - shift your coins from one currency and back to another and no one can trace you). It's trivial for any established exchange to add a new digital currency.

[JohnDoe]

I bought some (28 Ixcoins) just to see how it worked.  The fact that within a day we already have an independent exchange is pretty spectacular. It proves the power of decentralized digital currency. (and it's adds to the anonymity - shift your coins from one currency and back to another and no one can trace you). It's trivial for any established exchange to add a new digital currency.

Agreed, but I don't see any advantages to Ixcoin. Actually I see it as completely doomed if the max amount is really to be reached on 2015 because it probably won't have enough value for miners to continue mining solely on transaction fees.

[makomk]

If someone starts a new chain and gives me a pool to connect to, I'll throw 0.5 GH/s at it to help invalidate this idiot's 1/3 share of the coins, then maybe this idea could be worth something.

Not possible. He's using the block chain checkpointing feature to make his Ixcoin client reject any blockchain in which the first 6050 blocks aren't the ones he generated.

[dancupid]

Agreed, but I don't see any advantages to Ixcoin. Actually I see it as completely doomed if the max amount is really to be reached on 2015 because it probably won't have enough value for miners to continue mining solely on transaction fees.

OMG the price is tanking - I've lost nearly 0.04 bitcoins! I'm too emotional right now to give you a dollar price.

[symbian]

Why don't use namecoin to exchange it for BTC and back to improve anonymity.

[mike85123]

is there anything like bitcoincharts for these?

[Mousepotato]

Errbody go mine Ixcoins now!  Get off the Bitcoin network!  Do it!

[bansal]

There's a higher volume on the ixcoin exchange than the namecoin exchange lol

[Raoul Duke]

There's a higher volume on the ixcoin exchange than the namecoin exchange lol

Namecoin, devcoin and groupcoin are more fail than the failwhale from twitter 

[Bimmerhead]

When I'm bitcoin pooled mining, I'm running at about 180,000 khash, but on ixcoin mining with the same miner (poclbm) I'm getting about 800 khash/second.

Any ideas why that would be?