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Oh, and there'll be some big news about Rev 2 a little later today...
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I'm struggling to understand the Transaction process described in the OP with the reintroduction to the 550 XC minimum limit for mixers. More specifically step 7) "Nodes mix and forward fragments from different addresses to the ones they receive fragments on.", but I thought that Mixers and Nodes were two different things? All wallets are nodes but only wallets/addresses with 550+ XC can be mixers and you have to enable a setting for this? Somewhat like a Darkcoin Masternode?
I would love some clarification on the difference between a Darkcoin Masternode and a XC mixer, also why dedicated mixers and their limits are even needed as opposed to all wallets with XC in it could function as mixers?
Does XChat run through Mixers?
Just to clarify I'm not trying to cause FUD, I still hold and stake my over-exposed position in XC. I just wan't to understand the more technical aspect of how XC is anon compared to our friendly alternatives.
,Thanks
Bump, Anyone? We'll explain how XC mixers work pretty shortly, but here's a brief synopsis for now. - They're not like masternodes. - They're pretty much a way to ensure XC apps are present to forward/mix transactions even when there aren't enough nodes actually making payments at a given point in time. - So it's still the case that all XC nodes forward/mix transactions. - That is, any node will participate in forwarding/mixing when its user makes a payment. - But in addition, nodes with an appropriate balance lend a hand to transactions to bolster privacy (say, whenever lots of fragments are required, or for some other situations). - Nodes that do this earn a transaction fee. Oh, XChat uses XC's equivalent of Bitcoin's broadcasting system (i.e. is true P2P and is encrypted). It does not use the blockchain. Therefore mixing/forwarding is not necessary, since no addresses are stored publicly and since only the receiving node can decrypt the message. |
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XC collaborates in a charitable ventureToday, we are pleased to announce the 'Sponsor a Keepod Kid Campaign ' kick off. XC has partnered with the Keepod, Bitcoin, Mintcoin, Viacoin and W2coin teams and communities for a charity campaign to raise $5275 with the intent on bringing both technology and crypto-currency to the lives of students who otherwise, would not have the opportunity on their own. We will accomplish this goal by recycling old computers and help to bring internet access to communities that would otherwise, not have the same opportunities that we take for granted. For more information on how you can get involved and contribute, please follow the link below. http://mintcoinfund.org/projects/sponsor-keepod-kid/Thank you for the time, and together, we can help change the lives for those less fortunate. - The XC team Status: 1/unconfirmed, broadcast through 7 nodes Date: 9/1/2014 23:13 To: XXkc4jMGMcVF3Jt65ip9QKg6bAqmkb6JUX Debit: -10.00 XC Transaction fee: -0.00001 XC Net amount: -10.00001 XC Transaction ID: afa5be81a3d5607cefe9454e1be09714afcba4c3a96718819942cdff27c466b4 Here I thought I'd be the first one to donate so quickly!  I know 10 XC is gonna be a lot of money someday but community's little efforts is what's gonna take us there. Please be generous and contribute whatever you can! Good work sir! |
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Is cointelegraph big as coindesk? never saw it before i keep tabs on coindesk and cointelegraph for all my news. coindesk is certainly larger and has more readers though So after much hard work XC has moved from pumpcoin, to dumpcoin, to a coin with credibility, to a coin that gets original articles on major crypto news sites. Next: more original articles on major crypto sites... and then some on major tech blogs. Onwards and upwards! P.S. Now you know where I've been lately. That, and having general gadget breakdown. |
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XC collaborates in a charitable ventureToday, we are pleased to announce the 'Sponsor a Keepod Kid Campaign ' kick off. XC has partnered with the Keepod, Bitcoin, Mintcoin, Viacoin and W2coin teams and communities for a charity campaign to raise $5275 with the intent on bringing both technology and crypto-currency to the lives of students who otherwise, would not have the opportunity on their own. We will accomplish this goal by recycling old computers and help to bring internet access to communities that would otherwise, not have the same opportunities that we take for granted. For more information on how you can get involved and contribute, please follow the link below. http://mintcoinfund.org/projects/sponsor-keepod-kid/Thank you for the time, and together, we can help change the lives for those less fortunate. - The XC team
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Why is named this coin x11coin in cryptsy? Why them didn't name it Xcurrency?
They got the request but name changes are processed by the same department that handles withdraws Hahahaha Let spam them with requests again then: @cryptsy Please change the name of x11coin to xcurrency. Thanks the XC Community & Team. Tweeted. Will retweet now mate, QQ - can we expect any updates this week? Yup ;-) |
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Why is named this coin x11coin in cryptsy? Why them didn't name it Xcurrency?
They got the request but name changes are processed by the same department that handles withdraws Hahahaha Let spam them with requests again then: @cryptsy Please change the name of x11coin to xcurrency. Thanks the XC Community & Team. Tweeted. |
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NP man is the article lacking Of web 3.0 implementation ? As my phone was not visualizing correctly Yeah I commented on that below the article. Added a link to the press release. :-) |
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Whoaaaaaa synechist is back!
Sorry for the silence. My computer's getting replaced (faulty digitiser) and I'm moving house. Been focusing on the media liaison part of my job for the time being. |
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So I'm out eating dinner with the kids and I look over and see a Nike advertisement. Why would they want to use this technology or other Nike type companies? I'm not a techie, just trying to understand this announcement.
I think it is more realistic to assume companies like cryptocurrency news sites, cloud mining sites, mining gear companies, exchanges etc. would be the ones advertising. Maybe in a few years when crypto is "mainstream", and potentially thousands and thousands of people are using their XC app throughout the day, then larger brands would start displaying ads. If you're wondering which companies will buy in-wallet advertising, yeah, probably the above. If you're asking who'll buy XC content services for serving normal websites, well, everyone, since it'll be cheaper than Google. |
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Ok interesting.
So here's another tech questions:
If nodes are on a mix slow/unreliable internet connections and fast/reliable internet --
1) Will this tech be able to weed out the slow connections and bypass them for a more reliable connection
2) Will this tech somehow compensate for the slow connections?
I guess so. Multiple nodes store a given piece of content; whichever node serves the content first gets paid. So if you're slow, you don't even feature. |
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I hope everyone is happy with this announcement. We hope that our collaboration will endure long into the Future. . Did I just witness an XC price hike? The announcement is definitely another game changer. But personally, I really hope the collaboration with qibuck is not longterm. The more association your coin has with XC, the more you stand to gain, and the more we stand to lose. I don't see it that way. XC has the tech (Xnode or better known to companies today as cloud service). QBK is just using our tech (client that uses our Xnode/cloud service) to earn revenues that will also benefit XC. XC can sell their tech service to any one.... So as XC coin holders, do we benefit by the added QBK nodes? Do we get interest from them as well? I would hope that the more "clients" we get to use our XNodes, the more fees we will collect. I am sure Dan and team have all this in their mind. I would hope so. Xnodes get paid when they serve content. The remuneration plan may well be: first node to serve the content gets the fee. Will there be a minimum number of coins needed for this? I'm not sure, but on the face of it I don't see a need for it. XC will benefit from as many nodes as possible serving content, and from each node serving it as fast as possible. Therefore a reward for serving the content first is, as far as I can tell, what makes sense here. But I'm not a developer... So I'm out eating dinner with the kids and I look over and see a Nike advertisement. Why would they want to use this technology or companies like this? Because your phone could serve uncrashable content to another phone connected to the same base station as yours, thus providing it faster, and with bitcoin-level security, for less cost to Nike. P.S. Maybe not the same base station. Anyone know about how this sort of stuff would be routed on an HSDPA network? P.P.S. Yes, "uncrashable" is not really a word. ;-) |
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I hope everyone is happy with this announcement. We hope that our collaboration will endure long into the Future. . Did I just witness an XC price hike? The announcement is definitely another game changer. But personally, I really hope the collaboration with qibuck is not longterm. The more association your coin has with XC, the more you stand to gain, and the more we stand to lose. I don't see it that way. XC has the tech (Xnode or better known to companies today as cloud service). QBK is just using our tech (client that uses our Xnode/cloud service) to earn revenues that will also benefit XC. XC can sell their tech service to any one.... So as XC coin holders, do we benefit by the added QBK nodes? Do we get interest from them as well? I would hope that the more "clients" we get to use our XNodes, the more fees we will collect. I am sure Dan and team have all this in their mind. I would hope so. Xnodes get paid when they serve content. The remuneration plan may well be: first node to serve the content gets the fee. Will there be a minimum number of coins needed for this? I'm not sure, but on the face of it I don't see a need for it. XC will benefit from as many nodes as possible serving content, and from each node serving it as fast as possible. Therefore a reward for serving the content first is, as far as I can tell, what makes sense here. But I'm not a developer... |
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I hope everyone is happy with this announcement. We hope that our collaboration will endure long into the Future. . Did I just witness an XC price hike? The announcement is definitely another game changer. But personally, I really hope the collaboration with qibuck is not longterm. The more association your coin has with XC, the more you stand to gain, and the more we stand to lose. I don't see it that way. XC has the tech (Xnode or better known to companies today as cloud service). QBK is just using our tech (client that uses our Xnode/cloud service) to earn revenues that will also benefit XC. XC can sell their tech service to any one.... So as XC coin holders, do we benefit by the added QBK nodes? Do we get interest from them as well? I would hope that the more "clients" we get to use our XNodes, the more fees we will collect. I am sure Dan and team have all this in their mind. I would hope so. Xnodes get paid when they serve content. The remuneration plan may well be: first node to serve the content gets the fee. |
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Oh WAIT so XC is doing what ethereum is TRYING to do - and without the IPO. Oh, and XC already has the product to show for it.
Feel bad if you bought Ether IPO.
No. XC is not trying to do what Ethereum is trying to do. And Ethereum has already delivered a development language, dev tools, browser, and touring blockchain all pre-launch. https://www.youtube.com/watch?v=NVupNB_uFwkI'm happy you guys are proving blockchain advertising or whatever. But it's not the same as a touring complete blockchain that Eth's trying to build. Why does everybody in crypto turn into chearleaders with pom poms and have no clue what's going on? *Grunt* And no. Before I get accused of shilldom - I don't own any Ethers. Sorry - but this seems a lot more than just "advertising". The bit of eth about being able to write your own marriage contract in python is probably far less important to the average joe than being able to deliver and store content in a distributed way. For example micro-pay-per-view content would be presumably a piece of piss to arrange if the x-nodes are extracting a fee to deliver it. Unless I'm missing something - this is a lot different than building a programmable blockchain. Storing content inside the blockchain really isn't what Ethereum is trying to do. It's a relational contract programming language. Yes I don't think I'm disagreeing with you on that at all - the goals of ethereum are different to this. The content won't be stored on the blockchain, since that'll cause some crazy bloat. If I'm not mistaken it'll be indexed on the blockchain, retrieved through accessing the blockchain, and stored (encrypted) in local storage available to Xnodes. |
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