⭐ Merited by Vlad2Vlad (3)
I have emailed all the top exchanges on coinmarketcap with full specs of IXC and its recent developments.Hoping one or two of these take notice of recent develpments.
On another note I talked about IXC a while back with peeps about how good IXC was and it being merge mined and suitable as sidechain and one had interesting response but maybe somewhat negative
On another note I talked about IXC a while back with peeps about how good IXC was and it being merge mined and suitable as sidechain and one had interesting response but maybe somewhat negative
Quote
Sidechains and merge mining have their own intractable problems, and in particular they do not mix together very well (merge mining makes the sidechain problems worse, and vice versa). If freicoin were to be sidechain to another chain, it would have to either (1) be a separate proof of work, or (2) have all full nodes of both chains validate each other, an idea more commonly known as extension blocks. Setting freicoin up as a separately mined chain with a different proof of work (and therefore different hardware distribution) prepares for the first possibility while not excluding the second. But in reality I expect that freicoin will remain different from bitcoin and other coins, and not an active sidechain, except perhaps via strong federations or higher level protocols using cross-chain payment channels.
There is at least one person I know who has made a recent ASIC purchase for freicoin mining, and I would hate to invalidate that investment. But the transition period also serves the purpose of having incentive for securing the sha256 portion of the network for some time to come, which helps protect other full nodes. In fact, current full nodes will be able to sync indefinitely into the future, even after the transition is complete, as the difficulty will have transitioned back down to diff-1, and all cuckoo cycle blocks will require a follow-up diff-1 sha256 block in order for the cuckoo cycle miners to actually collect their payment -- the trick which makes the soft-fork deployment possible.
There is at least one person I know who has made a recent ASIC purchase for freicoin mining, and I would hate to invalidate that investment. But the transition period also serves the purpose of having incentive for securing the sha256 portion of the network for some time to come, which helps protect other full nodes. In fact, current full nodes will be able to sync indefinitely into the future, even after the transition is complete, as the difficulty will have transitioned back down to diff-1, and all cuckoo cycle blocks will require a follow-up diff-1 sha256 block in order for the cuckoo cycle miners to actually collect their payment -- the trick which makes the soft-fork deployment possible.