Abstract. Ixcoin is a peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double spending. Like in in the case of Bitcoin, we propose a solution to the double-spending problem using a peer-to-peer network.
If this translation is acceptable, I can translate more content afterwards.
May I ask a few question about this: What is the benefit for development team so the developer can continue to add more features on it? -> We are using donations to help the development team. Don't expect great rewards right now. What is the minimum size of network required for this? It's only merge mined at the moment, we are looking for a feasible way to implement the features progressively. What is the time required for a single transaction? 8-10 minutes