dadj (OP)
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August 16, 2011, 05:30:53 PM |
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Hi,
I was reading up on i0coin thread here and couldn't find anywhere how many i0coins would be generated in total. Is it the same as bitcoin in this regard, 21mil?
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Whoever mines the block which ends up containing your transaction will get its fee.
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dree12
Legendary
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Merit: 1077
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August 16, 2011, 06:25:43 PM |
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Yes. AFAIK, I0coins are generated 48 coins per block, maturing by 2015 like IXcoin but with a shorter block time of 5 minutes.
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garton
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August 16, 2011, 06:40:59 PM |
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You should ask yourself; what's the point with a new blockchain just like bitcoin? Ixcoin and i0coin (or iOcoin or whatever...) are completely pointless, if they have no improvements over the original bitcoin concept. But by all means, point your miner to those blockchains instead, decreasing the difficulty for me...
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dree12
Legendary
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August 16, 2011, 06:50:20 PM |
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Why exactly are alternate block-chains worthless? That's like saying Mac and Linux are no improvement over Windows (false, firstly, they may not be an improvement but they have different featuresets), so everyone should just use Windows. Competition makes the bitcoin devs work faster (wallet encryption is in I0coin!), producing better blockchains for all.
A similar question might be why you use bitcoin when it's a subset of namecoin: namecoin does everything it does and more, so why do you still mine bitcoins?
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garton
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August 16, 2011, 06:59:18 PM |
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I said that they are worthless if they are just another blockchain with no new features, or just different in some relevant way. Ixcoin wasn't. I did now know about the encrypted wallet in i0coin. That may be worth a new blockchain, but I doubt it. Too small improvement.
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worldinacoin
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September 09, 2011, 06:30:15 PM |
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I wonder if anyone can direct me to an iocoin client software that is working? I wanted to try it as it seems to be the easiest to mine
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Seraphim401
Full Member
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Live Long and Prosper
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September 11, 2011, 04:20:39 PM |
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I wonder if anyone can direct me to an iocoin client software that is working? I wanted to try it as it seems to be the easiest to mine
http://forum.i0coin.org/index.php?topic=2.0
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worldinacoin
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September 12, 2011, 02:36:56 PM |
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Thanks, trying it now, it sure is easy to mine compared to the others.
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Cosbycoin
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September 12, 2011, 09:40:17 PM |
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Currently there are like 1.4 million of them or so.
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