Ixcoin (IXC) - Abandoned or No Volume | Coinopsy
Ixcoin (IXC) - Dead Coins

Ixcoin (IXC)

Ixcoin was founded in 2013, it is trading on limited exchanges. Ixcoin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2013, Ended 2014.
  • Social media ended 2014.
  • Trading ticker (IXC).
  • 21,000,000 Coins total.
  • Available to trade on limited exchanges.
  • Was built on standalone blockchain.
  • Website is still up.
  • The Founder/SEO is Unknown.

Further Details

Notes

Abandoned coin.

Links

https://web.archive.org/web/20131226071620/http://www.ixcoin.co/ https://twitter.com/Ixcoin http://www.ixcoin.co/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

What is iXcoin?

iXcoin is an open source digital currency, based on the cryptocurrency Bitcoin,
which is distributed over a peer-to-peer network to offer irreversible,
low-cost, anonymous and decentralized monetary transactions. iXcoin is the first Bitcoin clone or Alternative chain, created in May 2011 just a few weeks after the distributed DNS Namecoin. Today, there exists many Bitcoin clones.

iXcoins are the unit of currency of the iXcoin system. Similarly
to Bitcoin’s BTC, a commonly used shorthand for this is “IXC” to refer
to a price or amount (eg: “100 IXC”).
An iXcoin isn’t tangible. It is just a number associated with a iXcoin Address, which is a string of 33 numbers and letters which begin with the letter x such as xa9jpgHugb2pTCpzoZcDdiHKepy8mjpddX. See also an easy intro to bitcoin.

How does iXcoin differ from Bitcoin?

  • Shorter maturity period

There are currently ~11M (as of June 2013) in existence and it is
expected that all 21 million Bitcoins will have been generated by 2033.
Whereas there are currently ~13M iXcoins (as of June 2013) in
existence and it is expected that all 21 million iXcoins will have been
generated by 2015. This is because 16*6=96 IXC are created per new
block, instead of 50 BTC in Bitcoin.

iXcoin maturity will be reached ~18 years before Bitcoin’s. By
mid-2013, the number of IXC and BTC will reach parity (for a brief
moment).

  • New blockchain

Although Bitcoin’s blockchain is in the same format as iXcoin’s, they
use different genesis blocks and have a different reward scheme. So
Bitcoins will not be valid in the iXcoin blockchain and vice-versa.

  • Merged Mining

iXcoin switch to merge mined with Bitcoin in 2012. Merge mining allows a Bitcoin miner to mine for more than one block chain at the same time. The benefit is that every hash the miner does contributes to the total hash rate of both (all) currencies, and as a result they are all more secure.

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