Quote from: Nasakioto on August 12, 2011, 05:22:38 PM

Quote from: enmaku on August 12, 2011, 05:11:34 PM

Quote from: nmat on August 12, 2011, 04:09:33 PM

There's a guy here saying the code will break once it reaches 21 million coins
https://bitcointalk.org/index.php?topic=36701.msg451411#new

Which makes it no different than a couple old versions of the bitcoin client. An oversight in the code doesn't make it a scam, though I am keeping a close eye on how quickly this one gets fixed...

Indeed. We're working on a updates to the Ixcoin client such as integrating 0.3.25 changes. The above issue won't come into play for a few years so we still have time but we'll address it in the next version.

I think that most miners will abandon mining ixcoin as soon as it stops being more profitable than mining btc. Do you think this will happen? Why / why not?

What do you think will happen if and when the majority of miners abandon ixcoin for mining bitcoin? How long will it take before the next difficulty decrease will come into effect? How many blocks per hour will be generated with a sudden drop of miners, and how will that affect the ixcoin network? Have you done these and similar calculations, or is starting the ixcoin chain more of an experiment for you?

Also, why do you think a faster generation of new coins is advantageous enough to merit starting a new blockchain? How do you respond to the idea that you started this new blockchain with the primary purpose being to make you an early adopter so you can get rich quick, especially considering you made 250'000 ixcoins for your personal use (not bounties) before even announcing your project? Many people on this forum including me think just that.

Edit1: Added ", especially considering you made 250'000 ixcoins for your personal use (not bounties) before even announcing your project?".