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1981  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:56:25 PM
Is there a complete guide for newbs including how to open your port, how to initiate a private transaction etc?

Any plans to switch to DPOS? What is ETA for the mobile app with staking and mesh networking implemented?

Great job so far. A review from Vitalik would be nice Cheesy since bitcoinmagazine is aware of us. Or any other crypto big shot.

Not yet. There'll be a readme shortly that'll help, and general website documentation, how-tos, etc in due course.

No ETA on the mobile app yet, but it'll be fully featured.

Stay tuned for news coverage. It's gonna be sweet.

1982  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:49:55 PM
Synechist...since you are here... any Idea when we will be able to set up a mixer through tor stick?

You can expect versions of the Xmixer to proliferate in the coming days. The TOR Stick will probably come after the Linux one.

1983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:48:45 PM
When is mintpal 2.0 launching mate?

Tomorrow at 6pm GMT

https://twitter.com/moolah_io/status/509859027913031680
1984  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:29:47 PM
Wanna welcome all the new members of the community and thank them for all the positive comments. Its great to see all the constructive discussion in here.

+1. I love a probing question.

1985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:21:19 PM
Synechist what about the press releases that were supposed to be out yesterday with the launches are they going to be today?

Can you share which big media will cover it?

ehehehe


Hehe...

That'll stay a mystery until the news site releases it. ;-)

As for the paid PR (generously funded by Pratico), it's going out to coincide with the Mintpal 2.0 launch.

http://xctalk.com/index.php?/topic/194-finalised-rev-2-privacy-technology/#entry1217

1986  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:12:38 PM



Something to retweet/share:

https://twitter.com/XCurrency/status/511864297589575680

https://www.facebook.com/XCurrency?fref=ts


1987  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:10:54 PM
I am wondering if this is a way to tell if you have -distmix-autonode working? Minting weight is 1.





Nope don't think so.. You will need to have the wallet fully unlocked as well.

You'll know it's working when your balance starts going up. :-)

On a more serious note though, we'll build in confirmation of this soon. The UI is next on our timeline...

You may still need to have your wallet fully unlocked. If so, this won't be the case for long. I'm awaiting confirmation on this btw.
1988  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:47:33 PM
Adrressing Gumpty and TingCoin questions:

from this link:

http://xc-official.com/introducing-the-xmixer-earn-revenue-with-xcurrency%E2%80%99s-trustless-mixing.html

Expanding XC’s capacity

The trustless multipath mixing of Rev 2 was successfully implemented on 7 July, but in order for it to scale to handle mainstream adoption, decentralised exchange, and a host of blockchain 2.0 apps, it will require massive capacity. However, since mixing can only be between nodes that are currently making private payments, this gives rise to two underlying scenarios that could limit this capacity:

1.      There might not be enough nodes making private payments at a given time, causing transactions to wait or be cancelled.

2.      Even though there may be enough nodes making private payments, their combined balances might not be sufficient to support forwarding all the fragments of a very large transaction.

To remove this limitation, henceforth XC apps will have a new feature, the Xmixer, which has the capacity to forward transactions even when their users aren’t making payments. Xmixers will make use of the same protocol as Privacy Mode, except that they will collect portions of transaction fees as remuneration. In order to take advantage of this, a user would simply create a dedicated wallet from which to run an Xmixer. Then, to ensure that Xmixers contain enough coins to reliably sustain sufficient transaction volume, a minimum of 1000 XC must be paid into it.

Look at the bolded part.

For what I understand all wallet are potentially nodes that mix transactions. when one node/wallet is attempting a private transaction it will connect with all the nodes that are online currently making private payments creating a mesh mixer that will mix that transaction.

For this reason in order to scale and manage large volume of transactions there is the need for Nodes/wallet that will need to stay ALWAYS on line to be available as mixers for private transactions. Those nodes are on top of the first layer and will be rewarded.

I think that I got it correctly Sinechist correctly if I am wrong.

Spot on Cryptico.

Congrats on becoming a full member btw. :-)

1989  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:43:52 PM

Hey Tingcoin

Thanks for wrestling with the details. I appreciate your giving XC this kind of critical attention.

Apologies for the confusion. Ignore the website - it's currently out of date. We've just released this software and some stuff is still playing catch-up.

For now, the press release on the Xmixer contains correct information: http://bit.ly/xmixerintro

If, after reading it, you're still confused as to the role of Xmixers vs regular nodes, post us your thoughts here. I'd be more than happy to talk it through.




Quote
Instead, every XCurrency node – whether an Xmixer or a regular app – participates equally in private transactions and trustlessly forwards fragments. In other words, all XC nodes mix, but only Xmixers participate automatically in private transactions even when their users are not transacting.

Hello Smiley

Been following XC since halfway through the first thread (so quite a while) and would like to add a few questions of my own to really drill into the details.

Does this mean that an XNode, which is not an XMixer, will only participate in mixing when the user of the wallet manually initiates a private transaction by sending some coins?  It therefore does not interfere with the coins staking in the wallet until the user manually initiates a new private transaction?

In this case will the XNode be acting as a full XMixer, forwarding coins for other user's transactions, as well as it's own private transaction?  If I have an XNode with a balance of 100XC and I send you 5XC do I still have 95XC capable of staking, or will I need to wait for the coin age of my whole balance to reset again? Perhaps this depends on how my coins are arranged into addresses within my wallet?

Apologies for the barrage of questions, just curious as to the details of how the terms "forward" and "mix" apply to "XNodes" and "XMixers" and under which circumstances there may be a difference and what that difference may be. Smiley

Hey Gumpty

Barrages of questions are most welcome. :-)

You're correct that Xnodes (regular XC apps) only participate in mixing when their users manually initiate private transactions.

You're also correct that this leaves the coins peacefully in your wallet to stake.

When an Xnode user manually initiates a transaction, the Xnode acts as a full Xmixer and trustlessly forwards coins on behalf of others.

Like any POS coin, whenever you make a payment from a given address, it'll send any change to another address and so their age will reset. If you use coin control to specify that the change address will be the same address that coins were at before, this still resets the coins' age, so staking will begin again.

For good staking with XC, it's best to send a payment of 50 - 500 coins to each address you want to stake from. That'll ensure good staking. It'll also ensure that when you use some coins to make a payment, the age of the other addresses won't be affected.


So basically you were spot on there. Nice one.

1990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:35:43 PM
Hi guys,

I've just discovered XC and it looks pretty amazing.

If you have technical documents / articles on how exactly it works (I want to go deep), it'll be a pleasure for me to read them. Thanks.

Also, regarding the price of XC, it looks amazingly stable and strong.

It's definitely on my radar. I started to buy some today and I'll keep accumulating.



Hey Cloakko

Welcome! Here's some info on XC's tech:

- XChat: http://xc-official.com/introducing-xchat-more-private-than-bittorrent-bleep-and-more-secure-than-protonmail.html

- Web 3.0 (distributed content delivery service): http://xc-official.com/xc-pioneers-web-3.0-with-blockchain-based-content-delivery.html

- Xmixer: http://bit.ly/xmixerintro

- Trustless multipath meshnet: http://xctalk.com/index.php?/topic/194-finalised-rev-2-privacy-technology/#entry1215

- General overview and timeline: this thread's OP.


Any questions, don't hesitate to post them here.

1991  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 11:47:27 AM


For anyone wondering what the buzz is about, here's all XC's news yesterday:

http://xctalk.com/index.php?/topic/194-finalised-rev-2-privacy-technology/



Oh and this happened:

Awwww sheeeiiittt. Bitcoin Magazine just tweeted this-

"I thought I had quit altcoins for a bit until I used the decentralized encrypted chat embedded in the XC client. Pretty slick! @XCurrency"

that just went out to 29,000 followers. If the team hasn't already, time to get them to do a write up for us....or maybe that's happening on Wednesday Shocked

https://twitter.com/BitcoinMagazine/status/511698895647551489


1992  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 11:46:22 AM


For anyone wondering what the buzz is about, here's all XC's news yesterday:

http://xctalk.com/index.php?/topic/194-finalised-rev-2-privacy-technology/



1993  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 11:31:17 AM
Ok wait a minute...

On the OP it says every XC client is a node (giving the impression that EVERY client forwards these fragments). Then on the FAQ on your site it says that an XNode is what processes the transactions and you need 550XC to run one (giving me the impression that only XNodes that people setup forward the fragments). Then, on your site there's news of "XMixer"...

Ok so, when you send an anon transaction what happens? How many fragments does it split into (or does that just depend on the size)? Who is involved in forwarding these fragments, all online clients? Just the XNodes? The XMixers? Through how many clients/nodes/mixers does each fragment pass through before it gets to its destination? So many questions. I could go on.

At first glance I was lead into thinking that each transaction is split in to fragments of random amounts, which are each passed through a random amount of online wallets (normal users, anyone and everyone on the network) before each fragment reaches its destination (the person receiving the funds) at different times. Which would be really awesome. But after digging deeper it seems only XNodes handle this? Where does the mixer come in?

I'm not sure if I'm being mislead or if I'm just an idiot who doesn't understand, would love an explanation of how this actually works. I like to invest in innovative technology not hype and PR. Sorry if I'm coming across as an asshole Tongue. This seems interesting but I either don't have a clue how it works, or the explanations are misleading.

Cheers!

EDIT: For now I'm going to assume "XNodes" don't exist and have been replaced by "XMixers", and that fragments are forwarded through ALL online wallets, and the reason for these "XMixers" is because a fragment can't pass through a wallet if the wallet doesn't have at least as many coins to cover the fragment? Is this correct? In that case do all wallet clients (which I'm assuming fragments are forwarded through) also mix their funds with the fragments?
If not, why in that case does a wallet have to cover a fragment for it to pass through (I'm assuming it does have to, otherwise why the mixers?) ARGH these are all blind assumptions!! Hahaha

Someone help me out?

website is still not updated compleately

everything is explained here in Expanding XC's capacity:

https://bitcointalk.org/index.php?topic=630547.msg8806414#msg8806414
The bold part in my quote, I now understand you can't forward a bigger fragment through a wallet than the amount stored in the wallet because then it's obvious that it's not a normal payment, duuh. (conversing with myself here wtf)

Yeah I read that, and it all started to make sense until hoooold on! "There might not be enough nodes making private payments at a given time, causing transactions to wait or be canceled." - I was under the impression fragments can be forwarded through ANY online wallet as long as the wallet balance covers the balance of the fragment... That sentence just threw me right off!

You have two sending options, Private and open. Open is just like every other coin.
A Private XC transaction is handled uniquely to other coins protected by being opensource on a delayed timeline.
In short plain English here is my interpretation of how XC handles anon transactions:
Person A wants to send 50 XC to Person B anonymously.
Leaving Person A's wallet the transaction passes other wallets and gets scrambled with other transactions. Visually think about the transaction getting fragmented at every wallet, the fragments then hit other wallets where they are fragmented again. The fragments are being mixed with other transactions fragments. The fragments knows where they are going, so they stop at the wallet B, but because there are fragments going all the time it is hard to tell the pieces from the whole.
Every wallet is called a node, there is no lower limits on a node.

With the above picture you can tell that if only one transaction is being fragmented at a given time you could datamine where it came from and where it was going. This is where XCMixers comes in. The mixers are at all time loaded with 1000 XC and these coins are used to cause additional "explotions" ensuring that the fragments are always concealed. The number has to be big to ensure that large transactions can be concealed.

Anyway this is how I understand XC, but I'm sure the team can describe it better than I, I hope it helps until they get online.
Yeah, if it worked like this that would be even more awesome than what I originally assumed... But you see if it worked how you said then surely there'd be no reason for the mixers? Unless the mixers are PURELY there to cover BIG ass transactions so they can then send tons of tiny fragments small enough for the nodes (any online wallet client???) to handle...

But then again... Read that sentence I quoted from that news post... That makes it sound like only nodes making private payments at a given time are used to forward transactions  Huh Huh Huh

Fact of the matter is, the explanations we've been given can be interpreted however the hell we like, I think a dev needs to come n put an end to this dilemma.

Hey Tingcoin

Thanks for wrestling with the details. I appreciate your giving XC this kind of critical attention.

Apologies for the confusion. Ignore the website - it's currently out of date. We've just released this software and some stuff is still playing catch-up.

For now, the press release on the Xmixer contains correct information: http://bit.ly/xmixerintro

If, after reading it, you're still confused as to the role of Xmixers vs regular nodes, post us your thoughts here. I'd be more than happy to talk it through.


1994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 01:09:31 AM
Goodnight all.

Thanks for your patience and support.

Please PM me with any issues you encounter using the Xmixer. I'll forward them on to the devs.


1995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:35:57 AM
So Dan, does this mean Web 3.0 is up next? Smiley

I think Dan's gone to sleep.

I reckon a top-notch UI is next on the cards, followed by a handy little distributed content delivery service.

Web 3.0? Easy.


1996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:31:33 AM


A mixer transaction for your perusal:

https://chainz.cryptoid.info/xc/block.dws?123884.htm


1997  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:18:13 AM
and I wanted to go to bed ......

THE XC MIXER IS WORKING GUYS ALREADY RECEIVED FIRST REWARD OF 0.00099 XCs

How do I post a desktop image in here?



Upload to http://imgur.com/

thanks I received another one now 0.001

Time to set up a ton of XMixer's and let the XC's flow in...


Im sry, for the mixer to "mix", dont there need be private transactions? Which means that people are already using them? And wouldnt that mean that the fees will become proportionally larger ?

Yes, if more people transact privately, that should mean more revenue for Xmixer owners.


1998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 16, 2014, 12:01:06 AM
5


And the software!



Updated Release now available for download

http://downloads.xc-official.com/testing/XCurrency_2.49c_RC1.exe

* Includes fee for dynamic auto-nodes [still in beta]
* Faster transaction times


Dan




Some info on today's release, just for clarity:


- We will release the "coinjoin killer", with which we finalise XC's privacy tech, on schedule.

- As with all prior releases of new tech, you can expect updates after the release as we get feedback from you all. Testing in the wild is integral to any successful software. If you encounter an issue, let us know.

- This release is of our privacy tech, which is a "backend" thing. XC's new UI and general user-friendliness is a Rev 2.5 feature, so don't expect mainstream-friendliness yet.

- There'll be paid PR going out, which no doubt will continue to attract the sort of quality investor interest that the XC community is becoming a home for.



Oh, another thing to clarify:

The news site will have the scoop on the "CoinJoin killer", but they won't publish today.

That actually puts us in a good position for the launch of Mintpal 2.0.

We'll have the exclusive, plus the paid PR, all going out in time for the launch.

Nice.




Social media posts:

Twitter: https://twitter.com/XCurrency/status/511665384614023168

Facebook: https://www.facebook.com/XCurrency?fref=ts


Let's spread this one far and wide folks.



1999  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 15, 2014, 11:53:56 PM
5


And the software!



Updated Release now available for download

http://downloads.xc-official.com/testing/XCurrency_2.49c_RC1.exe

* Includes fee for dynamic auto-nodes [still in beta]
* Faster transaction times


Dan




Some info on today's release, just for clarity:


- We will release the "coinjoin killer", with which we finalise XC's privacy tech, on schedule.

- As with all prior releases of new tech, you can expect updates after the release as we get feedback from you all. Testing in the wild is integral to any successful software. If you encounter an issue, let us know.

- This release is of our privacy tech, which is a "backend" thing. XC's new UI and general user-friendliness is a Rev 2.5 feature, so don't expect mainstream-friendliness yet.

- There'll be paid PR going out, which no doubt will continue to attract the sort of quality investor interest that the XC community is becoming a home for.



Oh, another thing to clarify:

The news site will have the scoop on the "CoinJoin killer", but they won't publish today.

That actually puts us in a good position for the launch of Mintpal 2.0.

We'll have the exclusive, plus the paid PR, all going out in time for the launch.

Nice.

2000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 15, 2014, 11:49:36 PM

but its not the final rev 2.0 release in this update.

I hope I've explained clearly enough above.

Trustless multipath mesh networks are the final Rev 2 feature we're releasing.

It's here now.


Woohoo!

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