Post
Topic
Board Altcoin Discussion
Re: [ANNOUNCE] Mining on Ixcoin, a new Bitcoin fork
by
AngelusWebDesign
on 12/08/2011, 15:53:19 UTC
Frankly, there's nothing wrong with Bitcoin. No, I'm not talking about the economy that's sprung up around Bitcoin, I'm talking about Bitcoin itself.

Can anyone tell me what's wrong with Bitcoin?

Hmm, it doesn't scale at all. Mining is flawed because it favors pooled mining (not really good for the decentralized part of the network). Also, the code of the client is pretty horrible as well. Also, the wallet.dat is stored unencrypted on the disk. Finally, we lack a wallet protocol and per-address signing.


Now, to address the point of my post, Which of these flaws has been fixed by IXcoin?