★Italo Network★ - Proof OF Stake | Service Nodes | BLINK | Low Supply

[italocoin]

NEW ANNOUNCEMENT THREAD https://bitcointalk.org/index.php?topic=5389536

[italocoin]

reserved...

[HardKano]

Nice job for the announcement thread. Pretty nice new website ! Keep it up!

[zulistt]

hii dev..!! i think you need better exchanges rather than tradeogre and i hope you have plan this.Because i see in tradeogre volume low

[HardKano]

That's normal. Wallet is under maintenance on the exchange. As done they update it and the put it back online volume will increase.

[italocoin]

Wallet is under maintenance due to upcoming hardfork, which is scheduled for block height 165,000, approximate date is December 5th. Please make sure to download and update new wallet until that date  https://italo.network/#downloads

[monkeydimi]

pool reserved

[Asimmo]

New website looks amazing, for just 25K market capped coin..
Roadmap is really cool and somehow unique as well..

[annapotpot]

Very nice. Lots of updates on the roadmap for next year.

[Bitcoinsummoner]

You have been listed on 2 exchanges but your team is on still under construction. How long it will stay on under construction?

[italocoin]

You have been listed on 2 exchanges but your team is on still under construction. How long it will stay on under construction?

The team can expand because is a Open Project, anyone that's willing to help can join and help out, thats why is Under Construction! A Open Project will never have a fixed Team as per anyone can join and help out.

Regards,
DEV

[ZVenera]

dev, can you tell me when XTA will be in more exchanges?
also, what is XTA max supply?

[Cra5t]

Very good idea. Good luck! 

[italocoin]

dev, can you tell me when XTA will be in more exchanges?
also, what is XTA max supply?

We are in talks with some exchanges, nothing official yet.

The supply is 18M but after the max supply ends we have tail emission, its 0.3 per minute.

Very good idea. Good luck!  

Thank you

[columbiamining]

I downloaded the new 64-bit CLI wallet today (0.13.0.4). I'm very impressed with the sync speed. For whatever reason the new italo daemon deleted my old blockchain db that was around 150,000 blocks. I didn't mind when I saw how fast it was syncing. It synced the whole chain from 0 to 169K blocks in about 12 minutes. Normally I only see these kinds of speeds by downloading raw blockchains or checkpoint/bootstrap files. I assume this was part of the Monero codebase but regardless this is a huge improvement! Will you be merging Monero's future patches to your codebase going forward?

One more thing, I had a question about re-using old wallets from before the rebranding. I got the following warning from the new wallet:

https://i.imgur.com/80xc6Tc.png

WARNING: Do not reuse your Italo keys on another fork, UNLESS this fork has key reuse mitigations built in. Doing so will harm your privacy.

Does this warning apply to this fork? Should I create a new wallet and send the old coins to the new wallet?

[columbiamining]

One more thing, I received this warning on the daemon earlier:

https://i.imgur.com/hjkreAG.png

Isn't 51 blocks within 90 minutes within the normal range? With 120 second block times, on average we should see 45 blocks every 90 minutes. Maybe you should reconsider the threshold for this warning?

[italocoin]

Hello,

I downloaded the new 64-bit CLI wallet today (0.13.0.4). I'm very impressed with the sync speed. For whatever reason the new italo daemon deleted my old blockchain db that was around 150,000 blocks. I didn't mind when I saw how fast it was syncing. It synced the whole chain from 0 to 169K blocks in about 12 minutes. Normally I only see these kinds of speeds by downloading raw blockchains or checkpoint/bootstrap files. I assume this was part of the Monero codebase but regardless this is a huge improvement! Will you be merging Monero's future patches to your codebase going forward?

The sync is really fast, is due to checkpoints and bulletproofs checks are way faster then Borromean.

Yes, i plan to keep the code verry close to Moneros codebase because its the best out there in privacy, security etc, my plan from the begining was to make a coin with lower fees and most importantly to remove the waste of electricity and decentralization, i will try to do that with the project "Crowd Hashing" please visit the website for more details about it, a Whitepapper is comming up!

One more thing, I had a question about re-using old wallets from before the rebranding. I got the following warning from the new wallet:



WARNING: Do not reuse your Italo keys on another fork, UNLESS this fork has key reuse mitigations built in. Doing so will harm your privacy.

Does this warning apply to this fork? Should I create a new wallet and send the old coins to the new wallet?

Yes, this warning is for other forks, like if someone wants to clone italo's reppo and make its own coin, you can use the same keys but if the coder of that new coin added some malicious code in the codebase your privacy or keys may be compromised.

One more thing, I received this warning on the daemon earlier:

https://i.imgur.com/hjkreAG.png

Isn't 51 blocks within 90 minutes within the normal range? With 120 second block times, on average we should see 45 blocks every 90 minutes. Maybe you should reconsider the threshold for this warning?

Its normal, is because the calculus expects more or less blocks mined in that time, yes i can review the threshold but it all depends on the hashrate changes to.

Regards,
Dev

[toogoody]

List of Italo mining pools with live stats & hashrate distribution

https://miningpoolstats.stream/italocoin

[Asimmo]

Seems we have debuted on coinmarketcap: https://coinmarketcap.com/currencies/italo/#charts
Great news and market also reacted on it, instantly, with almost 250% jump.

[linqer]

why pending balance is 0 after 1 hour of mining with 12kh/s ?