[I0C] I0coin - The Best Choice In Digital Currency

[kr105]

You should not need to signup, the link is open to anyone

Synced up now. PM your izerocoin address and will send you some coins

Sent 

[kr105]

Thanks! It will be very helpful.

Here is the block explorer, please let me know if you have any issues or suggestions: https://i0coin.network/

Regarding what I'm working on, it will be a hard fork, currently targeted at block 4,704,000 (might change).

In short, the big changes will be moving to BLAKE3 across all hashing layers, AuxPoW/merged mining dropped, header expanded to carry UTXO commitment (fast sync without trust), history root (O(log n) header proofs for light clients), and filter root (BIP-157/158 style private SPV).

Mining retargeted with ASERT (90s blocks). Halvings replaced by 5 I0C perpetual emission.

This will be a complete modernization of the oldest altcoin still running (2011).

Same chain, new rules.

[kickback]

Thanks! It will be very helpful.

Here is the block explorer, please let me know if you have any issues or suggestions: https://i0coin.network/

Regarding what I'm working on, it will be a hard fork, currently targeted at block 4,704,000 (might change).

In short, the big changes will be moving to BLAKE3 across all hashing layers, AuxPoW/merged mining dropped, header expanded to carry UTXO commitment (fast sync without trust), history root (O(log n) header proofs for light clients), and filter root (BIP-157/158 style private SPV).

Mining retargeted with ASERT (90s blocks). Halvings replaced by 5 I0C perpetual emission.

This will be a complete modernization of the oldest altcoin still running (2011).

Same chain, new rules.

Are you getting rid of merged mining? That would be a big change if so and does I0COIN not kinda depend on the merged mining for security especially with all this quantum stuff being talked about?

Will the name and logo stay the same although the name can be confusing with the zero instead of letter o as someone already mentioned? I think iocoin with a letter o is already taken and of course zerocoin is taken also. Nothing wrong with the name but can be hard for noobs to the coin to find on an exchange not understanding the that the o is a number zero.

[kr105]

On merged mining:

Yes, AuxPoW is removed. The v2 fork switches from SHA-256d to BLAKE3 for all hashing (PoW, Merkle trees, addresses, sighash), which makes merged mining with Bitcoin/Litecoin technically impossible.

The security concern is valid, but merged mining was always a double-edged sword. It gave us hashrate we did not earn, from miners who did not care about the chain. A single pool deciding to drop i0coin from their merge-mine list could wipe out most of our hashrate overnight. That already happened several times on the i0coin life. That is basically fake hashrate.

Post-fork security comes from: ASERT difficulty adjustment (reacts to hashrate changes in hours, not weeks), 90-second blocks (faster confirmation, as always), and perpetual tail emission (5 I0C/block forever, miners always have incentive to mine, no relying on fees alone that today are essentially 0).

On quantum:

Merged mining does not protect against quantum attacks. Quantum resistance is about signature schemes and hash functions, not where the hashrate comes from. BLAKE3 is not quantum-proof either, but neither is SHA-256d. When quantum becomes a real threat, the answer is post-quantum signatures. That is a future fork for every chain, not just us. We are just not there yet.

On name and logo:

Staying the same. i0coin is i0coin: same chain since 2011, same identity, same ticker

The fork modernizes the internals, it does not change who we are. Rebranding would erase 15 years of history and confuse everyone who already knows the coin.

The zero-vs-O thing is part of the identity at this point. Anyone who found us has figured it out. We are not optimizing for exchange search UX at the cost of losing what makes i0coin recognizable.

[cornhodlr]

On merged mining:

Yes, AuxPoW is removed. The v2 fork switches from SHA-256d to BLAKE3 for all hashing (PoW, Merkle trees, addresses, sighash), which makes merged mining with Bitcoin/Litecoin technically impossible.

The security concern is valid, but merged mining was always a double-edged sword. It gave us hashrate we did not earn, from miners who did not care about the chain. A single pool deciding to drop i0coin from their merge-mine list could wipe out most of our hashrate overnight. That already happened several times on the i0coin life. That is basically fake hashrate.

Post-fork security comes from: ASERT difficulty adjustment (reacts to hashrate changes in hours, not weeks), 90-second blocks (faster confirmation, as always), and perpetual tail emission (5 I0C/block forever, miners always have incentive to mine, no relying on fees alone that today are essentially 0).

On quantum:

Merged mining does not protect against quantum attacks. Quantum resistance is about signature schemes and hash functions, not where the hashrate comes from. BLAKE3 is not quantum-proof either, but neither is SHA-256d. When quantum becomes a real threat, the answer is post-quantum signatures. That is a future fork for every chain, not just us. We are just not there yet.

On name and logo:

Staying the same. i0coin is i0coin: same chain since 2011, same identity, same ticker

The fork modernizes the internals, it does not change who we are. Rebranding would erase 15 years of history and confuse everyone who already knows the coin.

The zero-vs-O thing is part of the identity at this point. Anyone who found us has figured it out. We are not optimizing for exchange search UX at the cost of losing what makes i0coin recognizable.

Will miners have enough incentive to actually keep mining versus the cost of electricity considering the price and liquidity is so low on freiexchange which is our only exchange and even that could delist us or the exchange itself might close overnight like cryptopia?It's okay while the developer is back and understandable people may be very enthusiastic to see development right now but what happens if you disappear again for another decade or more and there is nobody able to step in.Not comparing with what happened to Markm but things happen unfortunately and we can see this after Markm situation where the whole Galactic Mileu and stellar token trading has just stopped and the ironic thing was Markm was always talking about fly by night exchanges disappearing overninght leading to these type situations yet it was his own passing that has led to that particular one.

Is there any plan apart from technical development to get some type of community growth behind the coin so there will be more buyers so miners can sell their mining rewards to incentivise mining and money can be raised for further development because at the end of the day if theres no funding behind something there is no incentive even for a developer to hang around long term and if that happens the coin is certainly going to linger on life support at best for another decade.

I am just trying to be realistic here so we don't end up like ixcoin permanently hovering around the sinkhole and yes it would be a shame to let these old coins die considering the rubbish scams that have been created after them getting hyped everywhere.Not sure if iocoin or ixcoin is the oldest but they have been around the same length of time approximately.Both are actually brilliant coins once you get the wallets synced up and in fact iocoin is as fast as lightning.60 confirmation block time is a bit much on freiexchange though although if you withdraw from there it is pretty quick.