All the darkcoin investors are seeing their chance to get into the real deal
Darkcoin is myspace. XC is facebook. |
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Has there been any more thought about lowering the daily amount of MRO produced?
Seemed that there was a number of people for that idea and only a couple against it.
Im all for it Am i the only one who sees no problem with the current block reward? LTC creates 28800 LTC per day and that for YEARS before it goes down. Their price is way above ours - and holding "stable". We are currently at 23.904 coins per Day, and it gets less and less every day... You simply cant change the total amount of coins after a coin is launched, thats simply cheating in favour of the early adopters and not fair at all, every coin who does that i would consider as a scam. Well XC is 100% mined now and they also reduced the total from 33 million to 5.5 million. And the developer has a premine. No-one seems bothered about it. We also know about DRK's coin distribution. I actually think LTC's coin production is excessive and puts unnecessary downward pressure on price. I wouldn't call their price stable either, it's been downtrending for months both relative to btc and usd. Am i the only one who sees no problem with the current block reward?
No and every one of the devs agree with you. It won't be changed. The way to make the coin go up in value is to make it more useful, not tinkering with parameters. Create services using it. So basically the devs control the coin despite what people say. Sounds good. I bought in cheap so I'm not hugely bothered. Just trying to determine whether to stay in this for the long haul or exit. |
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I bought 56000 darkcoin at $0.70. Yhe price may have fallen 50% to $7, I'm still up 10 times my investment.
I'm sure that reassures all the people who bought DRK at $10+ |
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WTF its 0.012  ?? Fuck this bullshit - I'm taking my coins and putting them in my flashdrive wallet and leaving them till this is over. FUCK YOU WHALE MANIPULATORS! YOU ARE DAMAGING THE COIN IN PURSUIT OF A BUCK!  |
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The distribution in that coin is sick. There are bagholders with 200-300k bragging in the forum. What are people expecting when buying? At market cap of >10mn has to top at some point. Some of the fundamentals are there (dev seems qualified) and some seem lacking and that's not good because it'll attract attention that it doesn't want to. "oh, so what? you are just a centralized mixer... that's not very anonymous". The only thing that exists is a basic mixer like DarkSend pre-alpha status - and even this is controlled with cmd, not gui. The rest are "in development" for 3weeks / a month ahead+. It's not decentralized btw. Decentralization is a future plan (rev 2.0) as is strong anonymity (aiming NSA-proof levels). Of course, even the current implementation is closed-source for obvious reasons (=>avoiding copycats). The "sugar" in the implementation is the network expertise of the dev to add encrypted communication - something that DarkSend has plans for. The application platform through the network and its supernodes are stuff like encrypted messaging systems built-in with the wallet - which might even extend to mobile devices. Essentially the dev is giving a vote of confidence to the DRK model by adopting a lot of its aspects (on paper at least - because in implementation its not done) but doing the POS spinoff to be "first POS anon" and spicing it up with network encryption. Competition is good because it allows better focus on the job at hand. The anonymous / private market will have a good marketcap, so there is plenty of room for clones, imitators, spinoffs, new entrants, second/third generation coins with anonymity etc. If even 10% of the transactions go private/anonymous, we are talking about a market of 700mn marketcap shared between anon coins. We are running close to 1% of the transparent market right now (all anon coins combined) and that with problems (BCN & clones) and projects in development (DRK, X11coin etc). There's much more to come I believe for the whole market, but every single solution must mature. lmao@ Darkcoin shills getting mad their instamined shitcoin dies. I'm hoping every single coin on the market does great. I have all of them but I'm not pretending any of them is perfect. The price is running ahead of the fundamentals. Not really. DRK is tanking, XC is rising. It's quite obvious that the market is dumping their DRK for XC as they recognise it's a superior protocol with greater future prospects. |
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This is exactly what happened to Blackcoin and WHitecoin. XC is the new Whitecoin - a complete and utter rip off, a shameful clone to snag the greedy - Look where Whitecoin is now....
XC offers encrypted transactions. And the coming xnodes will be clustered and completely decentralised... no master node type structure. I collated these points from the XC developer of things to look forward to in the future, to build upon our already solid foundation: The mixer technology will be multi-path across a cluster of xnodes which runs over the encrypted protocol, so it won't be a central server, it would be similar to a distributed cluster, and the data is encapsulated inside that encrypted tunnel to prevent off-the wire sniffing (or off-the-air* for the mobile platform)... DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform This is why the multi-path paradigm network I built back in 2005 still functions to do this day and scaled up to meet the demands of 2014... think back to 2005, granted we had the internet, but not the mobile technology - and that is a key part of my background is mobility that will be leveraged in the android anonymous POS wallet ( http://eprint.iacr.org/2009/385.pdfhttp://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf) (The principles for this concept come from a design that I originally leveraged back in 2005,[multi-path paradigm] the system still runs to do this day handling 50k to 100k users per day ) If your waiting for NSA proof anonymity - well that is the goal of our REV 2 release.. No, mixing is only part of it, XC now contains a completely new transaction protocol layer that is encrypted and will be leveraged as a platform for all sorts of concepts.... and it will leverage multi-path paradigm topology (which again is a custom developed concept based on dual-path paradigm)So mixing is just the first application to run on top of this new protocol........ Don't want this key point to get lost --- mixing is just the first application, the list is long and the potential is huge, and since the foundation has been built and deployed, it is now time to build on that foundation.... with some revolutionary concepts and idea's..... Also the infrastructure for this will support numerous other applications, such as encrypted messaging, P2P exchange..etc granted we can only develop new features so fast, but we are putting the foundation for a multi-use, multi-purpose platform You seem to be promoting XC, but your signature is promoting Monero. What one of the two do you prefer? Should i invest in both? I think that they are both good coins and want to expand into these. Monero is the cryptonote coin with the biggest community and their ring signature approach offers greater anonymity baked into their protocol rather DRK's way of bolting it onto the existing Bitcoin protocol. Indeed Evan himself initially wanted to adopt Monero's rings and said this would offer substantially improved privacy. But last I read he had realised the scale of this task (someone who supports DRK will scream about Monero blockchain bloat but really that's not much different that DRK sending transactions through 10 nodes to gain similar levels of privacy). Monero's main problem is it lacks a user friendly wallet GUI and the community infrastructure is obviously behind that of a bitcoin clone which is why Mintpal and Cryptsy haven't taken it on board. XC, I've spoken about already. Economically it offers a great investment because very few new coins are produced via mining now the PoW phase is over. Unlike most coins which face tons of newly mined coins being dumped on the market each day for profit, XC won't suffer from this downward price pressure. Additionally, I see XC blast past the $60 million market cap barrier if things go well in the next 3 weeks. DRK has good qualities and I have a lot of respect for the DRK community. I believe all privacy centric coins will fare well in the coming months. |
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This is exactly what happened to Blackcoin and WHitecoin. XC is the new Whitecoin - a complete and utter rip off, a shameful clone to snag the greedy - Look where Whitecoin is now....
So, essentially you're saying XC is a copy/clone of Darkcoin. It's ok bro, I can already see that from it's name, X11Coin.... Not at all. XC uses the multi path paradigm as an extension of the dual path paradigm, similar to the TOR onion routing protocol. As well as offering encryption and far greater decentralisation of it's autonomous xnodes. And that's just the start. XC will blow DRK out of the water. Read some of the tech here: http://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdfhttp://eprint.iacr.org/2009/385.pdfOther things coming: Blockchain v2.0 with encrypted messaging and peer-to-peer marketplace Payment cards: "Yes, Debit/ATM/VISA. More details to follow." See the developer's background here: http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82/ |
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This is exactly what happened to Blackcoin and WHitecoin. XC is the new Whitecoin - a complete and utter rip off, a shameful clone to snag the greedy - Look where Whitecoin is now....
XC offers encrypted transactions. And the coming xnodes will be clustered and completely decentralised... no master node type structure. I collated these points from the XC developer of things to look forward to in the future, to build upon our already solid foundation: The mixer technology will be multi-path across a cluster of xnodes which runs over the encrypted protocol, so it won't be a central server, it would be similar to a distributed cluster, and the data is encapsulated inside that encrypted tunnel to prevent off-the wire sniffing (or off-the-air* for the mobile platform)... DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform This is why the multi-path paradigm network I built back in 2005 still functions to do this day and scaled up to meet the demands of 2014... think back to 2005, granted we had the internet, but not the mobile technology - and that is a key part of my background is mobility that will be leveraged in the android anonymous POS wallet ( http://eprint.iacr.org/2009/385.pdfhttp://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf) (The principles for this concept come from a design that I originally leveraged back in 2005,[multi-path paradigm] the system still runs to do this day handling 50k to 100k users per day ) If your waiting for NSA proof anonymity - well that is the goal of our REV 2 release.. No, mixing is only part of it, XC now contains a completely new transaction protocol layer that is encrypted and will be leveraged as a platform for all sorts of concepts.... and it will leverage multi-path paradigm topology (which again is a custom developed concept based on dual-path paradigm)So mixing is just the first application to run on top of this new protocol........ Don't want this key point to get lost --- mixing is just the first application, the list is long and the potential is huge, and since the foundation has been built and deployed, it is now time to build on that foundation.... with some revolutionary concepts and idea's..... Also the infrastructure for this will support numerous other applications, such as encrypted messaging, P2P exchange..etc granted we can only develop new features so fast, but we are putting the foundation for a multi-use, multi-purpose platform |
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I collated these points from the developer of things to look forward to in the future, to build upon our already solid foundation: The mixer technology will be multi-path across a cluster of xnodes which runs over the encrypted protocol, so it won't be a central server, it would be similar to a distributed cluster, and the data is encapsulated inside that encrypted tunnel to prevent off-the wire sniffing (or off-the-air* for the mobile platform)... DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform This is why the multi-path paradigm network I built back in 2005 still functions to do this day and scaled up to meet the demands of 2014... think back to 2005, granted we had the internet, but not the mobile technology - and that is a key part of my background is mobility that will be leveraged in the android anonymous POS wallet( http://eprint.iacr.org/2009/385.pdfhttp://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf) (The principles for this concept come from a design that I originally leveraged back in 2005,[multi-path paradigm] the system still runs to do this day handling 50k to 100k users per day ) If your waiting for NSA proof anonymity - well that is the goal of our REV 2 release..No, mixing is only part of it, XC now contains a completely new transaction protocol layer that is encrypted and will be leveraged as a platform for all sorts of concepts.... and it will leverage multi-path paradigm topology (which again is a custom developed concept based on dual-path paradigm)So mixing is just the first application to run on top of this new protocol........ Don't want this key point to get lost --- mixing is just the first application, the list is long and the potential is huge, and since the foundation has been built and deployed, it is now time to build on that foundation.... with some revolutionary concepts and idea's..... Also the infrastructure for this will support numerous other applications, such as encrypted messaging, P2P exchange..etc granted we can only develop new features so fast, but we are putting the foundation for a multi-use, multi-purpose platform |
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Has there been any more thought about lowering the daily amount of MRO produced?
Seemed that there was a number of people for that idea and only a couple against it.
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No masternode or supernode required to communicate Xnodes to clients
^ It's beautiful. DRK could learn from that. Don't forget also that the multi path paradigm of XCoin is based on the onion routing similar to TOR. What has been accomplished in such a small time frame for XC is simply staggering and what lies ahead is going to be a game changer. Why else do you see DRK tanking badly and XC rising up magnificently. |
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How is the MINT android app coming along? I would be interested in reading how it was implemented as a lightweight wallet due to the pos difficulties.
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people are hoping onto XC from DRK. its basically a complete RIP OFF, but the traders don't care.
when they come to realise it needs some substance behind it, the sheep and the traders will have lost their money.
XC is not a ripoff. Please lets not spread misinformation and work together. There is a simple reason why XC is rising fast and DRK is being heavily dumped. XC already offers improvements over DRK with it's encrypted traffic and is built on an entirely different protocol using the multipath paradigm. The next step is the completely decentralised xnode clusters for handling mixing. When that happens all bets are off.  |
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The only reason its down so much is because the hardfork didnt work out and word spread. Now theyre jumping on a certain other crap coin that promises to be the next big anon coin. But I say there will be interest as soon as this next hardfork works out and dark takes another step.
XC already offers improvements over DRK with it's encrypted traffic. XC is built on an entirely different protocol using the multipath paradigm. The next step is the completely decentralised xnode clusters for handling mixing. It's a revolution. Competition is good though in an economic market, it benefits the consumer and promotes innovation. |
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It is so sad, truly.
Agreed and understood! I think Libertycoin devs, even with all their inexperience about managing a coin and investment vehicle of this proportion , are trying to do some damage control and getting the faith back of the community. Its probably wise to be a bit more patient, wait and watch. On hindsight its important to understand the price rise. The price rose because Christopher Bouzy used his friends and followers to pump the price up, based on purely promotional activities but not on the back of actual product development. Vericoin with its super efficient devs is still trading under 1K because there is no erroneous pump going on. So in hindsight, this might be correct price and from here on, is upto the community to build REAL infrastructure and drive demand (hence prices) up in a genuine way. Actually the price of XLB was exactly 8k when Christoper Bouzy announced he was officially promoting Libertycoin. |
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Just wanted to provide an update, I expect another wallet release on Sunday night, with the updated GUI for the anonymizer technology - only 1 click. Also some other new's will be coming before then - that I'm sure everybody will appreciate...
The block times on the explorer seem to be spaced out way too much - http://cryptexplorer.com/chain/X11CoinCan you confirm the transition to PoS has gone smoothly? If not, rat4 the developer of BlackCoin may offer help. He is a PoS expert who has helped other PoS coins and is working on PoS 2.0 |
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Here are the key points I have collated from the developer over numerous posts so far: The mixer technology will be multi-path across a cluster of xnodes which runs over the encrypted protocol, so it won't be a central server, it would be similar to a distributed cluster, and the data is encapsulated inside that encrypted tunnel to prevent off-the wire sniffing (or off-the-air* for the mobile platform)... DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform This is why the multi-path paradigm network I built back in 2005 still functions to do this day and scaled up to meet the demands of 2014... think back to 2005, granted we had the internet, but not the mobile technology - and that is a key part of my background is mobility that will be leveraged in the android anonymous POS wallet( http://eprint.iacr.org/2009/385.pdfhttp://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf) (The principles for this concept come from a design that I originally leveraged back in 2005,[multi-path paradigm] the system still runs to do this day handling 50k to 100k users per day ) If your waiting for NSA proof anonymity - well that is the goal of our REV 2 release..No, mixing is only part of it, XC now contains a completely new transaction protocol layer that is encrypted and will be leveraged as a platform for all sorts of concepts.... and it will leverage multi-path paradigm topology (which again is a custom developed concept based on dual-path paradigm)So mixing is just the first application to run on top of this new protocol........ Don't want this key point to get lost --- mixing is just the first application, the list is long and the potential is huge, and since the foundation has been built and deployed, it is now time to build on that foundation.... with some revolutionary concepts and idea's..... Also the infrastructure for this will support numerous other applications, such as encrypted messaging, P2P exchange..etc granted we can only develop new features so fast, but we are putting the foundation for a multi-use, multi-purpose platform |
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Emilio-You are a disgrace to crypto and any community
Since you're so keen to disclose people's personal information, why don't you put yours up?
LOL. Christopher Bouzy posted the XLB dev's personal information, full name and educational instituation and smearing accusations without any proof. He posted my private messages on here the other week. He threatened to post my real name and address on here (like I give a shit). Christopher Bouzy 's information is available from his company information which is publicly available. Whereas the information HE leaks is private. He deserves for everything to be out in the open. You know what, I can't even argue that you're entirely wrong here and since we want to justify the actions of some kids, who have now created their destiny, I will ask you this, if you happened to get into a conflict of interest on any community forum, an argument that was silly and it was blown out of proportion, would you be ok if someone disclosed your personal information and photo's? I talked to you in XLB from very early on and understand your frustration, but the question above is pretty rhetorical. If I sold products through a company and via this forum then obviously my name and information would be accessible to everyone. Therefore I would act professionally at all times, for very obvious reasons. That is how the world of business works. As I said: Christopher Bouzy posted the XLB dev's personal information, full name and educational institution and smearing accusations without any proof. He posted my private messages on here the other week. He threatened to post my real name and address on here (like I give a shit). Christopher Bouzy 's information is available from his company information which is publicly available. Whereas the information HE leaks is private. As far as I am concerned, the guy is complete scum. Btw I actually sent this man $100 of my own money for free! (public btc donation on here). I used to defend him in the forums! It should tell you something that I have changed my opinion of him. |
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Emilio-You are a disgrace to crypto and any community
Since you're so keen to disclose people's personal information, why don't you put yours up?
LOL. Christopher Bouzy posted the XLB dev's personal information, full name and educational instituation and smearing accusations without any proof. He posted my private messages on here the other week. He threatened to post my real name and address on here (like I give a shit). Christopher Bouzy 's information is available from his company information which is publicly available. Whereas the information HE leaks is private. He deserves for everything to be out in the open. |
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