Post
Topic
Board Altcoin Discussion
Re: I0Coin is a SCAM
by
twobits
on 17/08/2011, 14:59:24 UTC

I think it shows that the way ixcoin launched , with coins in reserve for bounties and infrastructure may not have been as bad as people thought after all.


The only reason ixcoin didn't suffer from the same problem is because it wasn't announced in advance, and secondly the experience caused certain actions to be taken in anticipation for i0coin.

If i0coin had gone first, we wouldn't likely see a major pool readying up to unleash more than 400GH/s worth of hashrate onto it at diff 1. So the crazy block grab wouldn't had been this crazy Cheesy



Right, so are you agreeing or disagreeing with the quoted statement somehow?  Or did you just quote it and add other thoughts?


Agreeing somewhat on the first part but not on the second. i.e. I think having 580K worth of coins in reserve is not really reasonable, but not pre-announcing the launch was probably a good idea.


Fair enough.   I do think that without the bounties, the services made for ixcoin and also  i0coin would not have been made so quickly though.  

It will be interesting to see how much interest either of these chains has in  another month or two.