Post
Topic
Board Bitcoin Discussion
Re: Forks and alt blockchain etiquette
by
Explodicle
on 17/08/2011, 23:17:46 UTC
I liked how I0coin had a countdown, that felt "fair" and probably helps smooth out the original distribution.

It didn't seem fair to me.  It was (and is still) quite broken.  It was a countdown till most people could mine.  "Come back after we mine 5000 blocks."  Um, that is not exactly what I call fair.  I bet the first 40k coins went to one or two people.  Yeah, kinda like ixcoin.

Then again, I still sold my i0coins for BTC, so I am not complaining.

Oh, look.  i0coin.exe just crashed again.

I stand corrected. I was under the mistaken impression that the countdown was for ALL mining, and that the starting difficulty would be close to the current Bitcoin difficulty.