Post
Topic
Board Altcoin Discussion
Re: Ixcoin TODO
by
kraizi
on 18/05/2014, 17:31:42 UTC
the competitive advantage of a well, fair and evenly distributed coin is rare, crucial and takes a long time to accomplish![/b][/i]
This is why I was (still am, but I doubt F is ready to implement it) proposing the CP implementation such that the metacoin (IXCP) is created with the "spin-off" mechanism. Every owner of IXC would get their share. Nobody could claim that's not fair. Other altcoins can not copy the mechanism as their coins are either immature (too young) or suffer from initial IPO (POS coins) in that respect. And if the "distribution block" would be announced well in advance, anyone wishing to get on board with CP-IXC would still have time to buy IXCs from an exchange. That would benefit IXCoiners with no interest in CP even before IXC-CP is launched!

My concern with a one time distribution of IXCP is much of it may go unused, but I guess IXCP will be exchangeable within our CP environment?  Right?  So five years from now if someone wants to start a new asset or vending service they should still be able to get IXCP?  Right?

I'm also still concerned about IXCP diluting IXC value, or diverting users to IXCP instead of IXC.