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2341  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 18, 2014, 12:56:22 PM
What happened to BTC Dump to 309?? Bitstamp haked rumor on btc-e trollbox... I hope it goes down more I will buy 2000 Euro more in 10 days and then will buy XC gnam gnam

Now that was a ridiculous dump. My goodness.

9000 BTC if trollbox is correct

The volume on the 15min candle on Bitcoinwisdom for that dump is 7351 BTC.

Question is: on what information would a dump like that be rational?

2342  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 18, 2014, 12:47:12 PM
What happened to BTC Dump to 309?? Bitstamp haked rumor on btc-e trollbox... I hope it goes down more I will buy 2000 Euro more in 10 days and then will buy XC gnam gnam

Now that was a ridiculous dump. My goodness.
2343  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 18, 2014, 09:19:29 AM
Embarrassed  buy it on the exchanges like everybody else

The community had been tossing around the idea of proposing buy orders off exchange first so as to help maintain market stability and offer transparency with regards to large sells/buys.

He is free to ask this here IMHO.
[buying it from the exchanges will only help the market because it creates buying support and price can go up]
I suggested people post sell offers, not buy offers.

(After all, lots of people want to buy but not so many want to sell.)

Once an agreement on price and order size is reached it can be executed on-exchange.

2344  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 18, 2014, 09:16:52 AM
we should name XC's multisig..Multisig-NTDM which is the abbreviation of "Not Timerlands Definition of Multisig" what you recon guys? Has a nice ring too it.  Tongue

Ha ha! Awesome.
2345  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 18, 2014, 08:08:43 AM
Quick, view this post before it gets deleted:

https://bitcointalk.org/index.php?topic=742025.msg8411849#msg8411849

2346  Alternate cryptocurrencies / Altcoin Discussion / Re: XC uses multisig address and transaction? The answer is NO!! Look at facts here! on: August 18, 2014, 08:05:48 AM
I appreciate some good discussions there. However, let us focus on our original questions. That is, does XC uses multisig technology? The answer is a clear no. They clearly took something else as the multisig, and they did not even see an XC multisig address before (which some138 first created 2 of them).

This said, I don't conclude that they don't have an anonymous system. XC may have a good anonymous system but this is not the investigation here. As I said before, multisig and anonymous system are two different things. Although multisig can be used to create an anonymous system like what Supercoin/mammothcoin did. Multisig can also be used for other things like open p2p marketplace created by Open Bazaar, in this case there's nothing to do with anonymous system. So let's be clear what is the problem we are investigating here, and don't boil the ocean by citing unrelated things. I am not here to judge the whole technologies used by XC. I merely try to understand their claim on the multisig, for that me and many others have got a clear answer and conclusion.

So investigation closed. No more fuds please, especially no need from people who understands nothing about the subject and multisig. Thank you all.



Thank you for the investigation, that clarified which coin in the alt coin world actually implemented multisig.

**Timerland wins an argument about a terminological nicety by deleting comments that disagree with his terminological preference.

You don't win an argument (or even establish a point) by deciding that any views contrary to your own are off-topic. I've made a clear case for my view, only to have had it repeated to me that Timerland's terminological preference rules and thus that (a) I do not understand multisig and (b) my comments are irrelevant and worthy of deletion.

Secondly you don't establish a point by removing other parties from the debate. Timerland's having a party all on his own.

Timerland you silly totalitarian. Better delete this quick before anyone sees.

Respect for Timerland's ethics: zero.


2347  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 18, 2014, 07:22:40 AM
So the q&a is on the XC forum....  So people like those idiots in the fud thread wouldn't be able to ask any questions,   just us lot,  who already pretty much know what's going on.

Would have thought reddit cryptocurrency forum would have been perfect to get a heap more exposure.  Oh well.

I agree with this.  They should open the Q&A up on reddit as well.  Hopefully they will do this.

I think the intention is to have another Q&A at the end of the week after everyone's had some time to reflect on the first Q&A.

I reckon we should do it on Reddit.



2348  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 17, 2014, 11:05:24 PM
Those interested in how XC works might take an interest in this:

Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.


Hi all

The Q&A has begun! Please feel free to submit any questions on trustless mixing to the topic on the official forum.

Dan will wait until a bunch of questions have accumulated and then answer them in one go.



Alright, first question.

Why does XC have a premine?

To fund some very intensive development.

I believe this has been discussed at some length in this thread already.

There was a lot of talk about the relative ethicality of IPOs, instamines, premines, and venture capital.

For what it's worth, a small premine is the most ethical option in my opinion.



2nd question

Why did XC's dev sell the premine for Bitcoin? Doesn't that mean he's just in it for the money, and that's been reflected on XC's constant fall in price?

You know.....just wonderin.

He's paying salaries on a regular basis. Not so many people want to get paid in XC at this point.

He's using his personal funds for salaries as well.

About 50% of the premine has been spent at this point.
2349  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 17, 2014, 10:53:01 PM
Those interested in how XC works might take an interest in this:

Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.


Hi all

The Q&A has begun! Please feel free to submit any questions on trustless mixing to the topic on the official forum.

Dan will wait until a bunch of questions have accumulated and then answer them in one go.



Alright, first question.

Why does XC have a premine?

To fund some very intensive development.

I believe this has been discussed at some length in this thread already.

There was a lot of talk about the relative ethicality of IPOs, instamines, premines, and venture capital.

For what it's worth, a small premine is the most ethical option in my opinion.

2350  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 17, 2014, 10:42:25 PM
Those interested in how XC works might take an interest in this:

Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.


Hi all

The Q&A has begun! Please feel free to submit any questions on trustless mixing to the topic on the official forum.

Dan will wait until a bunch of questions have accumulated and then answer them in one go.

2351  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 10:41:35 PM
Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.


Hi all

The Q&A has begun! Please feel free to submit any questions on trustless mixing to the topic on the official forum.

Dan will wait until a bunch of questions have accumulated and then answer them in one go.

2352  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 10:33:49 PM
Antopolous is writing a chapter on the alt-currencies and XC is not mentionned in either the POS nor the anon sub chapter. Can any of you pm him to add a summary of XC

How can someone write about something if they don't know what's out there?!?!  It's not like XC is an unknown coin....   

Tweeted at him since it's more public

- https://twitter.com/DrasticRaven/status/501130305580060674


I was trying to look for a list of all the PR that we have and was also published by major sites, but I can't find a list of them all.   Do we have a list of these great PR?    Maybe we should have it on both our OP and our website.   I think that is so important.

Hmm... yes I've been considering that. It would fit into the timeline on the OP pretty well actually.

2353  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 10:09:53 PM
Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.


Let's add in the link as a regular linked text so people don't get confused:

http://downloads.xc-official.com/XCurrency/xc-rev2_rc1_summary.pdf


Anyone who hasn't read the CoinShuffle whitepaper yet might want to take a look at the following summary: http://crypsys.mmci.uni-saarland.de/projects/CoinShuffle/



Of course XC is way beyond this coinshuffle algo by adding major security through multipath tech!

Dan also created multipath (including something similar to CoinShuffle) before CoinShuffle was published.

2354  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 10:03:46 PM
Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.


Let's add in the link as a regular linked text so people don't get confused:

http://downloads.xc-official.com/XCurrency/xc-rev2_rc1_summary.pdf


Anyone who hasn't read the CoinShuffle whitepaper yet might want to take a look at the following summary: http://crypsys.mmci.uni-saarland.de/projects/CoinShuffle/

2355  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 05:35:13 PM



I just wanted to clarify that XC's REV2 Mixing solution isn't based on coinshuffle but is similar enough that I thought it would be a good starting point to help get a basic understanding how XC's trust-less technology works.





could arlyn adjust his post then (just not to confuse)
"similar to" instead of "based on"

Adjusted. My apologies.
2356  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 17, 2014, 05:19:33 PM
Those interested in how XC works might take an interest in this:

Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.

2357  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 05:12:58 PM
Hello all

"Whitepaper," a term in cryptoland ostensively used to describe anything from a diagram to a full scholarly presentation, now pertains to this, Dan's diagrammatic summary of Rev 2 RC 1's trustless mixing process.


Some details attendant upon this:

- We anticipate you'll have a lot of questions about this, so Dan will host a Q&A session this evening here. The intention is to use Dan's summary to build up a public record of shared understanding about XC's technology.

- Trustless mixing is highly similar to, though predates, "coinshuffle", a paper for which is accessible here.

- For clarity, XC's trustless mixing is, in a nutshell, a randomised multipath version of coinshuffle on top of the encrypted P2P Xnode communication protocol.


See you later.
2358  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 03:15:21 PM
Hey Arlyn, someone has access to your twitter account. Time for a password change. Unless of course ur a single mom making money from her computer at home.

Argh. Thanks.
2359  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 09:46:46 AM
Hi all,
yesterday i was a bit nervous to read all that fud, you guys handled it !
It is difficult to resist "technical" fud when u don`t understand the tech yourself.
For now i`m a little more confident .

Some actions i made
withdrew most of my coins to the wallet, here u see how long it took to be transferred:
cryptsy   28 hours
mintpal only some minutes
bittrex 30 seconds
poloniex 3 seconds

also since the coins arrived and i backuped the wallet a new record in connections appeared!



Man, you should see the posts they deleted. A lot were genuinely helpful.

I resent those totalitarian bastards.

2360  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 17, 2014, 09:45:48 AM
Hello Everyone !!! Grin Grin

Sorry for not posting for so long but I was in Italy on holidays for two weeks and needed a break from everything..

I was anyway following the thread time to time and saw the amazing pase of XC development. Anyone has a link to download the TOR STICK ISO? I did not find it in the website.

Thx

Welcome back!

Here it is: http://downloads.xc-official.com/release/



Thank you Synechist ! Will I use the version 2.47h.iso or the ver 2.47h.old.iso?

THX  Cheesy Cheesy



Sure.

Use the new one.
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