maybe this (my favorite is XProtocoll)
XProtocoll
XChip
XCode
XCloud
XClient
XGlobe
XCrypt
XCrypto
XCurrency
XCurr
XCell
I'm in favor anything that keeps "XC" but that is not set it stone, I just think that it has a footing already... |
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My vote: Just X. X Coin. > XC
X Coin is already taken |
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On the name front, I'm thinking at this point XC is recognized - and from that we have xcode, xchange... etc... personally I like xcode  Not such a good idea, Xcode is so popular, and these are techy people too. Try XCoin  maybe that just leaves XChange I really don't like XChange. :p  |
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On the name front, I'm thinking at this point XC is recognized - and from that we have xcode, xchange... etc... personally I like xcode Not such a good idea, Xcode is so popular, and these are techy people too. Try XCoin Maybe that just leaves XChange I think timing is critical on this change... my vote is for XChange atm, but if a marketing genius can come up with something incredible I'm open to ideas!! |
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On the name front, I'm thinking at this point XC is recognized - and from that we have xcode, xchange... etc... personally I like xcode Not such a good idea, Xcode is so popular, and these are techy people too. Try XCoin maybe that just leaves XChange |
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On the name front, I'm thinking at this point XC is recognized - and from that we have xcode, xchange... etc... personally I like xcode although XChange has a nice ring that resonates with the concepts and ideas |
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Is it safe to move coins?
No chance of a fork with people upgrading to this new wallet?
Have the exchanges updated yet?
move coins through mixer? yes but there is still risk until we come out of beta on that code but - I wouldn't go more than 10 XC's per tx and spread them out I am awaiting confirmation on the exchanges and if there is a situation it will be dealt with promptly and correctly |
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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..... |
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Just to organize some info for everyone: Link to NEW Wallet (updated TODAY 5/26): https://mega.co.nz/#!8Fs0GCqC!R5EorsUF2rkdqEwR65DEmhdDVP3X4MH_FzxDlUNAOJADistribution changes: PoW blocks reduced. Now 22,500 blocks @ 333 per block. (Max) Total Supply: 7.492 million XC Estimated Total Supply (factoring in PoS blocks): 6.2 million XC Estimated PoW Days Remaining: 2 days Visio on how the anonymous transfers work:  Additional information given by atcsecure:For those looking for some more details... check out the link, our design incorporates some of the features from dual path paradigm concepts, although we are advancing this concept to be multi-path paradigm, and we will implement on top of tor to provide a high level of anonymity http://eprint.iacr.org/2009/385.pdfhttp://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdfThe 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 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 one the of the details we are still working out is the autonomous "supernode" function and best methods to prevent bad-actors.. We have implemented PKI and will leverage that as part of entire solution so basically all XC does is coin mixing, 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........ |
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So this wallet set max POW to 22500 blocks and has the same anon as the one posted last night? Thanks for all your work by the way. YES reduced POW and same anon as last night, the GUI will be updated in a release and should be out on tuesday/wednesday |
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Updated windows wallet is compiling, github has been updated and I've contact the 3 exchanges to update their wallets
Any plans to change the name and the branding perhaps? I don't see X11 being a very strong brand going forward. someone suggested XCHAIN and XC is perfect so... A new name would be great. You have to image xc some days on TV or newspaper. X11coin isn't a great name for that. But Dark or Black or Pot coin is worse too. And I think, the name should be media-friendly and not suggerate any bad, or dark, or stealth. Something, a name, you can use in business and not mafia^^ To enter the next level, we need a better logo and a better website. (this is not meant unkindly to the actual web designers work) I agree.. open to input, as branding is key |
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I didn't call anybody a scam before on fora, but if XC is pulling a DRK I will!!!
At the start of the PoW phase price was based on +-17M PoW coins. After 6M coins mined suddenly there is a "surprising" fpga threat which was unforeseen so the dev will end PoW asap.
At 1/3 of planned PoW coins mined the price suddenly rockets of course.
IF this was orchestrated beforehand then it is a huge scandal as the people in on this skeem are profiting enormously.
You do understand that having hundreds of gigahash take half the money distribution would kill a PoS coin and render it DOA, don't you? I don't want to accuse because this is impossible to proof or disproof but imo this decision smells fishy.
The hashrate is there, no matter the origin, so from that perspective there is proof. It could be NSA trying to control the coin using the POS vector. Who knows? great points!! nothing would surprise me with the NSA sneaky bastards some things make ya go hmmm...... and I wouldn't put it past any 3 letter group..lol |
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no don't stop POW...
POS is over-rated...
keep it hybrid pow+pos
just reduce the reward when difficulty rises... (a formula like darkcoin)
DRK isn't POS, reducing rewards on POS/POW increase's security risks.... and the #'s don't play out.. .as a miner, I wanted to keep POW going but the logistics indicate that it isn't the best solution |
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It's kind of a mess trying to balance these out to find the optimum economic parameters without creating criticism of some kind, either from holders, outsiders, miners, investors etc.
yes and combine that with maintaining network security and it becomes a very complex formula I have been vocal about my thoughts on reducing PoW reward. I suppose it is easy for me to be an idealist on the issue, considering I have nothing but a bit of mining time and a few BTC invested in this coin. I am here because I have been skeptical about you and your claims from the get go, but you consistently deliver. I can doubt for only so long. This is your coin, it is your choice what to do with it. I'll trust you know what is best. If there is to be a major reduction in PoW blocks though, the premine issue needs to be addressed eventually. If we are looking at just over 6 million PoW coins, the once small premine has now ballooned into over a 2% premine. You may have a lot of your plate right now, but best to fight off the FUD before it hits. Premine issue? really? how much do think the development of the code cost? and the future development? So far I've been funding this out of my own pocket and there is still a ton of work left to do... DRK has 1.5Million premine coins... thats almost 40% premine |
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I didn't call anybody a scam before on fora, but if XC is pulling a DRK I will!!!
At the start of the PoW phase price was based on +-17M PoW coins. After 6M coins mined suddenly there is a "surprising" fpga threat which was unforeseen so the dev will end PoW asap.
At 1/3 of planned PoW coins mined the price suddenly rockets of course.
IF this was orchestrated beforehand then it is a huge scandal as the people in on this skeem are profiting enormously.
I don't want to accuse because this is impossible to proof or disproof but imo this decision smells fishy.
If you are worried about fpga's why don't you implement another algo, they are around!
Thanks for listening to my complaints, I bought some XC myself and hope everything works out for the best but I wish people were less gullible and be more critical!
Good trading and investing to all!
have you seen the hashrate? there are numerous reasons why the change is being made and the fact that there is a large unknown source of hash power taking all the coins from the everyday miners is part of that and that was a key part of my vision in the beginning as I was unaware of the fpga x11 code, I wanted a fair "gpu/cpu" coin that didn't require high-end asic's... I have been mining since 2010 and the entire ASIC movement left a bad taste in my mouth, with what Avalon did ( check my history, I purchased 30BTC worth of CHIPS which were never shipped except for batch #3 which I received way to late) I wanted to even the game for the every day miner and now the the tables are turned and thats NOT fair |
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I'm going to be enjoying the holiday to spend with the family... and thinking about the "business" side more.... enjoy the day everybody! its been a great ride getting to this point
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also the branding is a huge issue in my mind as once that ship has sailed (and it is about to) ... you can't go back and change it
Does the proof of stake in XC work yet? its been POW since day 1, POS is working you can see http://cryptexplorer.com/chain/X11Cointhe blocks with 0 diff are POS |
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also the branding is a huge issue in my mind as once that ship has sailed (and it is about to) ... you can't go back and change it.... and I think XC has reached some level of branding so its a tricky decision tree to digest
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It's kind of a mess trying to balance these out to find the optimum economic parameters without creating criticism of some kind, either from holders, outsiders, miners, investors etc.
yes and combine that with maintaining network security and it becomes a very complex formula |
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