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Author Topic: [IOC][ I/O Digital ] I/O Coin - Blockchain Ecosystem - DIONS - CHAMELEON  (Read 579785 times)
IO Dev Team
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September 20, 2014, 04:06:33 AM
 #961


I/O Coin

The New POS I/O Protocol V 3.0

Introduction
whitepaper

Abstract

Make time required for generation of new blocks dependent on the number of transactions. Implement deflation mechanism to mitigate market volume volatility.

Motivation

Several problems that are observed in I/Ocoin and other digital currencies (including Bitcoin) could be solved, by using awaited transactions dependent on block time:

1. Abruptly decreasing mint-rates.
2. Occasional block time lag.
3. inflationary money supply that is independent of market demand.
4. Impossibility of early taking money from the minting deposit.

Specification

1. Difficulty target of minting block depends on transactions fee for this block exponentially with a minimal limit.
2. Transactions fee eliminated from rewards.
3. New type of blocks starts at block height 100 000.

Backward compatibility

Older clients need mandatory update.

Discussions

The mechanism of mitigating the difficulty barrier has both pros and cons. The primary advantage is the ability of the network to speed up desirable transactions. The primary disadvantage is the dangers of double spend attacks. Another possible attack is an attempt of a selfish node attempting to gain an unfair advantage in minting. The here proposed mechanism retains all the advantages and eliminates the disadvantages. In this system users can speed up their transactions not only by increasing the fee by promotion in order, but also by decreasing block time. A double spend attack in this system becomes too expensive. In addition an attempt to get unfair advantage becomes also increasingly expensive. This is an advantage: now any node can speed up PoS-minting by destruction fee (and loss of profit) in a private (not sent to network, until stacked into the block) transaction. Currently PoS-coins are inflationary. The proposed improvement allows a market-based mechanism of volume control.

In this new system we have two concurrent processes: inflation of coin volume by minting and deflation of coin volume by destruction of fees. When the volume becomes insufficient to ensure the demands on the market, each coin and accordingly each transaction fee become more expensive. Transactions rates and eventually coin destruction rates decrease, and full volume increases. In the opposite circumstance transaction rates and eventually coin destruction rates increase and full volume deflates further.

Proposed Implementation

Block height 100k

POS I/O Code Vetting by

Rat4 (BlackCoin Lead Dev, Creator of POS 2.0)


Remember to follow us on twitter: https://twitter.com/IO_Coin
and Facebook: https://www.facebook.com/iocoindigitalcurrency

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iodigital.io & iocoin.io

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IO Dev Team
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September 20, 2014, 11:44:23 PM
 #962

Official Announcement

We are releasing POS I/O with Protocol V.3 and our HTML5 Wallet This Week.

There will be a surprise with it.

Stay tuned

Remember to follow us on twitter: https://twitter.com/IO_Coin
and Facebook: https://www.facebook.com/iocoindigitalcurrency

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iodigital.io & iocoin.io

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surestrike
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September 21, 2014, 10:27:11 AM
 #963

Official Announcement

We are releasing POS I/O with Protocol V.3 and our HTML5 Wallet This Week.

There will be a surprise with it.

Stay tuned


Hopefully people will have some sort of understanding of the big leap forward V.3 is for POS and I/Ocoin.  Not only that, people should be very happy with the new HTML5 wallet.  It clearly shows the top class skills of the developers behind this coin.

Also, i am still utterly shocked we only have 93 users of IONS.    It seems people like to be able to send and receive coins the old way, having long and very hard to remember addresses, made up of Lower-case, Upper-case letter and numbers.

#IONS is one of the very best features ever made in #crypto !  We need more people to use it, then they would see for themselves.

Also, please remember to stake your #iocoin wallets!   Its very easy to do. See this video showing exactly how easy it is and showing exactly how easy it is to pay someone who has a IONS username.

I/Ocoin is the best #investment a #trader can make right now. 

https://www.youtube.com/watch?v=ZS7scMgQXhI
davidar
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September 21, 2014, 12:38:30 PM
 #964

I know this coin from grub fb my fb name david agus Rahmanto and I davidar-io io I may be a lucky man and get a prize every day thanks io io
surestrike
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September 21, 2014, 08:16:44 PM
 #965

New Posters.  Say a little something about yourself.

Name (Facebook & twitter if you like):
Where you live:
What languages you speak:
Why you like I/Ocoin:


EG.  

S Gale, surestrike  (forums and twitter), I/Ocoin community manager
I live in Slovakia , in Eastern Europe.
I speak English and a little Slovak.

I like I/Ocoin because of the fantastic developments being made and the fact it is staying non Anon, which means real world business will be able to use it. Plus the fact is has the hardest working people in crypto behind it , with some of the best Developers in the world!
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September 22, 2014, 12:14:40 AM
 #966

I just saw you guys post a screenshot of the new HTML5 wallet, and I must say -- it looks awesome!

IO Dev Team
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September 22, 2014, 08:53:06 AM
 #967

For all our friends from Indonesia, there is now a Indonesian translation for this announcement.

https://bitcointalk.org/index.php?topic=791993.0

I am sure it will be a very active forum with lots of great people.

Thank you to Bagus-io for creating the translation.

Remember to follow us on twitter: https://twitter.com/IO_Coin
and Facebook: https://www.facebook.com/iocoindigitalcurrency

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I/O DIGITAL
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iodigital.io & iocoin.io

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September 22, 2014, 09:21:51 AM
 #968

I just saw you guys post a screenshot of the new HTML5 wallet, and I must say -- it looks awesome!



HTML5 Crypto Wallets have never been done before because of the high skill required in taking hte old QT client and creating a new, never seen before HTML 5 wallet for a crypto coin.

#iocoin is the first to have a fully working HTML 5 wallet that also looks good and will have some fantastic features added to it, in the near future.

Many people still think this coin was created by a Pump group, there was a group who bought the coin at the start, then dumped in our faces at 13k causing #iocoin to be at the price it is today.  But that is long gone now.

I/Ocoin has the hardest working people in crypto behind it and the most genuine people also.  No other coins, apart from maybe #vericoin can say the same.

Crypto investors need to think about what they are putting their hard earned money into.  With I/Ocoin you can go to sleep holding these coins knowing the devs will not run off in the middle of the night with all your btc!

Do not fall for any more vapor ware, that's promises of fantastic features from other crypto coins that will NEVER get made. The only good things these other coins know how to do is make threads with vapor ware posters. People cna buying these coins and they are going to be broke!


I/Ocoin keeps delivering!  PoS v3 soon to be released, HTML5 Wallet, IONS!   Show me another coin that has created crypto history?
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September 22, 2014, 09:44:37 AM
 #969

When will be the HTML5 wallet gona release? Any date yet Huh But anyways I sure will be watching this thread. Smiley
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September 22, 2014, 10:02:09 AM
 #970

When will be the HTML5 wallet gona release? Any date yet Huh But anyways I sure will be watching this thread. Smiley

That's the question on everyone's mind. The screenshots look great, and I'm excited to be able to use the new wallet too.
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September 22, 2014, 01:38:56 PM
 #971

Official Announcement

We are releasing POS I/O with Protocol V.3 and our HTML5 Wallet This Week.

There will be a surprise with it.

Stay tuned


Exciting Cheesy

Change...is in the air.
You know why
mctaino
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September 22, 2014, 02:00:08 PM
 #972

Project Manager/Developer Announcement


We are scheduled to release the wallet This Week! Our goal is to release the wallet before Block 100k and we are on block 94k. 1k per day so we are working almost 24hrs a day to have it out in the next 4-5 days

We have contacted both crypto asian and coin source to begin our proof of dev. Im sure we will meet all the requirements.


I want to introduce myself on this thread.



My name is Joel Bosh, the Project Manager and one of the Developers of I/O Coin. Im the owner of Mac Wizard Service, BoshMusic Publishing & JBosch Clothing line. As the owner of an Apple tech support company i've been in the IT business for little over 15 years. Im certified Apple , I've also managed stores like the GAP, Structure, Bath & Body Works and Banana Republic. I also did very well in the music industry and I currently hold a publishing contract with Universal Music Publishing and my own music label BoschMusic.

I got started in crypto December of last year. I started mining bitcoin with a butterfly labs 60 gh/s and moved quickly to buying bitcoins after learning my way around. One of my first investments in the altcoin world was Panda Coin. Panda was a rude awakening to the bad intentions developers in crypto have when making alt coins. I lost all my bitcoins to that and had to start all over. I then started to  buy bitcoins again and bought some BlackCoin at 1k Sat. I was able to help Blackcoin community promote and start a the first crypto dev show BlackCast. I then invested in a few other coins cinni, xc and vericoin. Due to my desire to advance crypto I invested heavy on the Vericoin devs and community to also help them get off the ground. Still to this day I'm a Vericoin believer, but due to my limitations I decided to venture and invest in my own coin.

I basically rounded up a dream team of devs and started I/O Coin. To this day we have 9 devs including myself working on I/O Coin. Some of the devs are private some are public. The private devs want to stay private because of the crypto currency laws in their respective country.

So today I've decided to step forward an address a few doubters of our work. If anyone or anybody wants to know who is in charge of I/O Coin well that is me.


Joel Bosh
[on the left of the picture]
iocoindev@gmail.com
https://onename.io/wizfarm
https://twitter.com/wizrig
I/O Digital Dev Main Phone Line: (305) 254-8484

Some people may say things about me, but one thing is for sure, to this day I still support all communities I've been involved with.
If anyone wants to know me you may ask the vericoin devs, blackcoin dev, ipominer and many more. I've left my business phone so if anybody has any questions you may feel free to contact us. I've been in business for many years with a TOP notch reputation and i'm not about to throw it down the drain for some scam stuff, Not happening. I also have contacted crypto asian and coinsource to make sure we have proof of dev, but i've left my info here and i will be giving my personal data if asked to them, like licence and anything else they may require

I/O Coin was created to enable ease of use and merchant integration. That's the future of our coin and the future of crypto. We are fully committed to this. I knew something was missing from most of the coins and that was ease of use. A lot of the coins are very technical, with long hex addresses and or anon. I knew a coin was needed to meet the real world expectations. To gain Mass adoption  the coin payment and receive experience had to be simplified. The currency had to be more broad but also more secure. This is why from the beginning we had POS2 in mind and for ease of use IONS (I/Ocoin Name Server).  We were also able to add variable interest to ensure good staking rewards for investors who keep their coins in the I/Ocoin desktop wallet. Anon may serve a purpose, but it could hinge mass adoption and liquidity due to its close association to illicit activities.

Today we are on a mission of creating a more secure, stable and faster blockchain and that is POS 3. We are also currently working on a HTML5 wallet with integrated IONS that also matches our mobile experience. You can download the I/Ocoin android wallet from the google play store here: https://play.google.com/store/apps/details?id=org.coinlabs.iocoin

We are scheduled to release the wallet This Week! Our goal is to release the wallet before Block 100k when POS I/O protocol V.3 kicks in.

Soon we will have a full rebrand with a updated dev roadmap that will show our long term commitment to our final goal, Mass, real world, business adoption. Im sure that with our approach will see IO Coin find mass adoption and corporate success, with user friendly businesses features, around the clock support and by following all digital currency laws & regulations.

You could always find me on irc #i/ocoin

Thanks

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iodigital.io & iocoin.io

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richiela
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September 22, 2014, 08:20:25 PM
 #973

Can someone find me on irc or PM me here?  We upgraded to the latest and greatest wallet but now we're stuck at 98040...

thanks
richie@bittrex

Looking for the best exchange? -> https://bittrex.com
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September 22, 2014, 10:00:29 PM
 #974

Can someone find me on irc or PM me here?  We upgraded to the latest and greatest wallet but now we're stuck at 98040...

thanks
richie@bittrex

Update
 
We are already talking to richie, thanks

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iodigital.io & iocoin.io

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September 22, 2014, 11:08:38 PM
 #975

Can someone find me on irc or PM me here?  We upgraded to the latest and greatest wallet but now we're stuck at 98040...

thanks
richie@bittrex

Update
 
We are already talking to richie, thanks

And all is well again... thanks for the super quick response!


Looking for the best exchange? -> https://bittrex.com
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September 23, 2014, 01:36:07 AM
 #976

hey indonesian people
don't forget to see the announcement in bahasa indonesia
here https://bitcointalk.org/index.php?topic=791993.msg8922797#msg8922797 Cool Cool Cool
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September 23, 2014, 10:18:48 AM
 #977

POS I/O V.3
Announcement


We are transitioning to POS I/O Protocol V.3. Wallets may be disabled in exchanges while they re-synch blockchain.  
We will push an alert to all the wallets when its time to download new wallets. Make sure to backup your wallet file
and make 2 backups for extra safety.

Stay tune to our wallet alert

Remember to follow us on twitter: https://twitter.com/IO_Coin
and Facebook: https://www.facebook.com/iocoindigitalcurrency

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iodigital.io & iocoin.io

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September 23, 2014, 10:44:11 PM
 #978

When are the new releases coming? Im thinking to invest in this coin. Can somebody tell me shortly some more about the future etc. thanks
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September 24, 2014, 12:07:52 AM
 #979

When are the new releases coming? Im thinking to invest in this coin. Can somebody tell me shortly some more about the future etc. thanks

We are working to get our html5 wallet before Block 100k. Updated road map will release with it.

Thanks

Remember to follow us on twitter: https://twitter.com/IO_Coin
and Facebook: https://www.facebook.com/iocoindigitalcurrency

██
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iodigital.io & iocoin.io

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surestrike
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September 24, 2014, 04:37:03 AM
 #980

When are the new releases coming? Im thinking to invest in this coin. Can somebody tell me shortly some more about the future etc. thanks

The team has been working 'around the clock' to make sure the new wallets will be perfect for launch, lots of testing, here at i/ocoin, we always make sure new updates/features have full testing before going live.

Also, i can honestly say, investing in this coin is a  very smart move and a solid investment. #iocoin has some of the best developers around and has got the hardest working people, working and supporting this fantastic #crypto coin, that's pushing new boundaries with PoS I/O (v3), the html5 wallet and as already seen with the 'easy to use' IONS user names.

It is just a shame some people just do not realize how hard the whole I/Ocoin team is working, it is clear to see from the developments we have made so far, that we are building a solid platform, for not just now, but also for the long term.

When you have talented and eager developers, there will be always be nice surprises with this coin.

One last thing, all we ask is that people who invest, withdraw i/ocoin's from the exchanges into the desktop wallets and Stake them. The more we stake coins, the stronger our network.

If anyone has any questions please do not hesitate to contact me here, #twitter ( surestrike@Pixelperfecti0n),
facebook  ( https://www.facebook.com/iocoindigitalcurrency ) or iocointeam@gmail.com

Thank you.



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