Infinitecoin (IFC) Public Blueprint 2014
Coin Design Makabress, bounty paid 1M IFC, coins are in production in Silver!
Infinitecoin’s vision
At Infinitecoin we are not just looking to provide solid initial short term gains for members, we are looking to create the long term reach necessary for global adaptation. Infinitecoin (IFC) has the potential to be widely adopted as a global peer-to-peer digital currency, it has the capacity to ease the distress caused by a retracting global economy starving for a money supply which is restricted to hard limits, without theft via inflation.
Overview
To achieve success Infinitecoin’s new management team is taking IFC in a completely new direction with a new business model to encourage rapid expansion and development.
We have the ability and strategy to take Infinitecoin to the average consumer. This is something not done effectively in the past for crypto coin users. Cryptocurrency, in the past has been solely the realm of the tech savvy and we believe we can use this overall weakness in the cryptocurrency community as our own strength at Infinitecoin.
We are the crypto-currency for the masses!
Global Strategy
China - Our predominant distribution is currently in China and we intend to continue to work with China to further expand this market, we have now put in place an official IFC China manager and representatives to overcome the language barrier and to develop further initiatives and growth in the region.
USA - We will take on a more aggressive approach in the US to penetrate this market; we will develop new consumer goods people would use at home on a pc, android phone, tablet and services which consumers would normally do at a bank. Merchant services are difficult and expensive to setup and run. We want to make these systems as inexpensive as possible for maximum global saturation for Infinitecoin.
Europe and United Kingdom – This is also an integral part of the counterbalance strategy with many forward thinking countries in this region and highly tech savvy consumers. An aggressive approach will also be adopted in this region. We will be looking to this region with it willingness to be innovators and adopters of green technologies to help drive development which we will access and distribute globally for the benefit of the planet.
South America - Primarily Brazil, but Spanish translations in addition to Portuguese for our services as well as a carefully planned strategic push there would be beneficial. A more aggressive marketing campaign and investment focus should be focused to these areas. South America has many countries with financial instabilities which could be eased by having a system like Infinitecoin available to fill the gap where the banks fail.
India - This is already a largely technologically proficient area with a large population and large technology industry. I believe our plans for IFC will be widely accepted by the Indian people because of its ability to empower small business in addition to India's large appetite for stores of wealth like precious metals.
Africa - This will be our keystone. The mobile banking industry in Africa is exploding with more than two thirds of adults, in Kenya alone, utilizing mobile devices to make monetary transactions. Infinitecoin’s ease of use and the development of our mobile services will allow us to compliment this already established industry. The cultural and lingual diversity will create challenges. As we continue to develop and implement our strategies the Infinitecoin team will prioritize the recruitment of team members to help bridge the language and cultural barriers.
In each region we will look to drive rapid innovative development with our new expansion strategy.We will penetrate industries such as gaming, trade services, media and consumer markets with online stores offering all kinds of goods. One key strategy will be our focus on the mobile phone application market, including financial and trading tools, point of sale systems, and gaming. We also plan to offer support for e-tail cart plugins to support IFC so it is as simple to setup and use as any other cart system. We will also look to penetrate the resource markets and enable seamless currency transfers to lower costs of raw materials and encourage more diversity in global manufacturing.
STAGE 1:The first priorities for IFC development involve basic infrastructure restructuring and development. The previous developer missed some chances for improving the client which are considered standards for current wallet systems. The client will be brought in line with these standards before additional client development can begin. Strengthening this infrastructure before we create our media push is integral. Possible errors from user load increases should be solved before they happen rather than resulting in a bad first impression for new IFC users. The following stage 1 projects are listed below by priority.
Advanced Check-pointing (1.8.6)
As the block rewards drop for miners, this produces an environment where the hash rate for IFC may be left at levels which might be exploited with a 51% attack from an entity with a sufficiently strong network. In the short term an advanced checkpointing system will be utilized to manually ensure that the block chain has not been compromised and automatically remove bad blocks by excluding them from the checkpoints disabling a 51% attack. Long term we hope to possibly integrate a proof of stake (POS) system to help automatically secure the network multifold by requiring attackers to need a minimum 51% of all coins in addition to 51% of all the hash rate of the network.
CompletedNew More Reliable Block Explorer
Development of a brand new more stable INFINITECOIN block explorer is nearly complete and will not only allow IFC users to more readily check transactions, it will provide 3rd party services which use block explorers to calculate meta data for IFC a more reliable place to parse data from. Additionally there will be other services making the IFC block explorer more useful in addition to increasing dependability.
Client Update 2.0
For this client update we plan to fix a few things never addressed by the original development team. The method of node connection will be updated to be in line with the latest updated Bitcoin and Litecoin builds increasing security, speed, and reliability. Transaction fees will be increased to a default voluntary fee of 10 IFC. This will be the default setting in the client, but can be changed if need be. It is recommended to pay this fee as it helps secure the IFC network, and paying it can ensure you faster transaction confirmation times. There are no plans to integrate proof of stake (POS) systems for this release.
STAGE 2:In stage two we will begin constructing some of the project management systems which will enable the IFC community to organize their own projects independently, but with the assistance of the IFC community, and while providing funds back to the community for further project development and the betterment of all involved.
Asset Control System
This system will allow investors to assign team leaders to issue asset shares. It will be decentralized and p2p with 3rd party centralized organizational structures added to support GUI's and make web based interfaces possible. Each project team member will be assigned an agreed-upon amount of shares by the team leader who controls the asset creation. The budget will be controlled by the team leader and used according to the investors interests. Upon completion of the project ROI will be manifested for the main investor as well as project members holding shares. This system will enable a decentralized cellular like organizational structure for projects and simplify reimbursement for team leaders and investors while maintaining proper control over funds for all involved. A certain percentage of revenue will be expected to be donated to IFC project development for maintaining the client, forums, and asset control systems. After a reasonable ROI is reached asset holders may have the option of selling their services to the IFC community for the use of generating profits for development, while also providing vital service structures for the public at reasonable prices in addition to more available jobs which are paid in IFC.
Infinite Advantages
* Super fast transactions, send and spend almost instantly
* You can still get IFC for a good price, currently the cheapest of the top cryptos
* Infinitecoin will soon be mined out so the price will be pushed up as there won’t be miners mining then selling
* The first true crypto to solely operate on transaction fees to maintain the network
* IFC/USD platform is available now at C-CEX but our new IFC/USD site will offer much more
* Infinitecoin has shown and inherent stability over a long period of time
* Infinitecoin has the volume to be globally adopted as a real world currency without having to go into multiple breakdowns and decimal places
* Exchanges are listing IFC and seeing it as a respected crypto
* Infinitecoin has a dedicated team who are distributed globally working together and regionally
* Infinitecoin is here to stay and has the strategies and team needed to make Infinitecoin useful in everyday transactions for non-technical users
* Accept Infinitecoin payments at your business today
Coin: Infinitecoin (IFC)
Launched: June 3rd, 2013.
First working example of a network to be based mostly on transaction fees
Pre-Mining: No Premium Mining (Not Pre Mined)
Block Targets: 30 second block targets
Initially 524,288 (2^19) coins per block, halves every 86,400 blocks. Currently 4,096 Coins per block
Difficulty re-targets every block, with accelerated re-targets at the beginning.
Confirmations: 3 confirms per transaction.
Circulation: Total ~90,600 millions coins (90.6+ billion coins)
Ports / RPC: Connection port is 9321, RPC-port 9322
Coin Policies: Currently uses LTC Scrypt Proof-of-Work / PoW
Website: Infinitecoin.com
Wallet / Client Downloads
1.8.6
WIN32:http://www.mediafire.com/download/ftwazg641d3z226/infinitecoin-1.8.6-win32.zipinfinitecoin-1.8.6-win32.zip
SHA1: 1E5D04950668AAA634EB6DA10F10FD595BF43387
Mirrors:https://www.dropbox.com/s/8v1lnnoz0upi65d/infinitecoin-1.8.6-win32.ziphttp://www71.zippyshare.com/v/35794298/file.html
OSX:http://www.mediafire.com/download/ovcs2hot8hcjiw7/infinitecoin-1.8.6-osx.dmginfinitecoin-1.8.6-osx.dmg
SHA1: 8DC16D519B20BC1F3C4FEE301318EC1720869AD1
Mirrors:https://www.dropbox.com/s/l1zyw2vkt9bab3k/infinitecoin-1.8.6-osx.dmghttp://www71.zippyshare.com/v/28417292/file.html
Linux:http://www.mediafire.com/download/gns15ht8qdg7owx/infinitecoin-1.8.6-linux.tar.gzinfinitecoin-1.8.6-linux.tar.gz
SHA1: DA9CD3D59E19C62F7C0D48ECDA95DA7DA0B44CD1
Mirrors:https://www.dropbox.com/s/qhjwqh7n0m37gmf/infinitecoin-1.8.6-linux.tar.gzhttp://www71.zippyshare.com/v/81441655/file.htmlSource @ GITHUB:https://github.com/infinitecoin/infinitecoin1. Start up infinitecoin-qt, wait for it to load, then exit.
2. Put infinitecoin.conf (see sample file above) in your c:/users/**yourcomputername**/appdata/roaming/Infinitecoin
3. restart infinitecoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or whatever mining program you like and begin mining.
cgminer example
: cgminer.exe --scrypt -o localhost:9322 -u **yourusername** -p **password** (without **)
Sample infinitecoin.conf:
listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcallowip=10.1.1.*
rpcport=9322
rpcconnect=127.0.0.1
addnode=xx.xx.xx.xx
Mining Pools
TreasureSeeker’s P2Pool: http://treasurequarry.com:9844Coinex Infinitecoin Pool: https://coinex.pw/mining/pools/IFCInfinitecoin to P2Pool.org:
http://204.10.105.89:20775/static/Infinitecoin Pool: https://ifc.coin.lu/
Scryptmining.com ifc Pool: http://ifc.scryptmining.comProportional pool: http://infinite.netcoin.pl/INFINITEpool: http://coin-base.net/infinite/Live chains: http://ifc.livechains.netMpool: http://mpool.biz/IFC/public/ Latest Release
New logo + Physical coin
The new website @ Infinitecoin.com
Infinite Social Media
@infinitecoinIFC @Infinitecoin_US @Infinitecoin_Ch
Instagram
Youku (Chinese Youtube)：
Forums
