New Ixcoin fork -> I0coin

[borgfish]

i agree its pretty interesting.
managed to get 23.5 ioc confirmed at btcguild with 300mh/s

its so funny to watch how it works out

[toasty]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

[Xephan]

Uh.. WTF just happened?  ALL of my blcoks just disappeared along with my entire balance.

I think what I mentioned a few posts above yours. Before your block was fully confirmed (>100-120 confirmations), an alternate block chain (probably BTCguild's own view of the winners) managed to get more confirms than the chain your block was in.

And for those of you wondering why a single pool getting >50% of the network's hash rate, consider this an example of what they could do.

I'm not 100% certain but I don't think the protocol cares how many confirmations you've got. It will always take the longest chain.

[Roland68]

mined  12 iocoin ...so what?

[hawks5999]

I predict there are several blockchains all more than 120 blocks apart, bitcoin doesn't know how to 'orphan' block chains with so much difference, this will create a clusterfuck of seperate blockchains that cannot be reconciled. This was an abortion, it should have had difficulty 10000 to start.

This actually good. It answers the question: "Well, why can't somebody just make another coin that makes bitcoin useless?"

[Fletch]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

Exactly. Their block count is about a 1000 back from what my client is telling me.

[deepceleron]

I predict there are several blockchains all more than 120 blocks apart, bitcoin doesn't know how to 'orphan' block chains with so much difference, this will create a clusterfuck of seperate blockchains that cannot be reconciled. This was an abortion, it should have had difficulty 10000 to start.

no, this is great, i got a bunch of blocks

You will lose them, I had 480 confirmed coinz go poof, and then 400 different blocks start downloading.

[tacotime]

btcguild is not showing any new shares either but my miners are getting them

[Xephan]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

The site is probably not keeping up with the block generation. It is updated on a 1 minute interval and with multiple new blocks every second, that's a 120 blocks lag at least.

[MelMan2002]

Whoever got i0c balance, go start opening ask offers on i0exchange

I can't find an i0exchange that is taking i0 deposits yet - but I'm willing to sell a few to anyone interested.

[phelix]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

maybe they disconnected and will reconnect at higher difficulty when they have overtaken the solos

[Spacy]

I am at block # 3240 now.

[hawks5999]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

Exactly. Their block count is about a 1000 back from what my client is telling me.

can't. catch. up. to. blockchain! gah!!!

[Nesetalis]

its going to be atleast a day before i0coin stabilizes in to anything resembling sanity I think

[tacotime]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

maybe they disconnected and will reconnect at higher difficulty when they have overtaken the solos

okay, but where the fuck are my shares going to then?

i have like 40 new shares and btcguild is reporting none of them

[toasty]

Either btcguild is lagging really far behind, or the chain has already been forked going considerably far back. They're still showing themselves as winning every block, which I can see isn't the case. Their block count from their pool server is also lower than what my client is showing.

The site is probably not keeping up with the block generation. It is updated on a 1 minute interval and with multiple new blocks every second, that's a 120 blocks lag at least.

True, but if you go far enough back they're showing full confirmations on blocks that don't match what my client sees. I think they've forked off into their own world entirely.

[noobboon]

BTC guild said I have 106 IOC now. I found that using CGminer will have more share than GUIminer with Phoenix miner.

one of my card running  CGminer and got 7 share since difficult 1 till now.
two of others running GUIminer with Phoenix got none. All stale.


Donate some IOC to me if you think it's working. jWYbNEwWJ1mqFKb5sut781auW6343AhK8Z

[tacotime]

okay it's reporting the shares are received but not showing them, i don't know what's going on

[Tx2000]

A bit of a disaster but I think this is a lesson that needed to be learned.

[Mousepotato]

This is disappointing.  Oh hey look, you have a balance of 1000+ I0coins.  SIKE!  Just kidding!