Since when is selling the xc-tor-stick copying another coin? If you're going to start some FUD at least get your FUD facts straight

Personally I don't care what other coins do and may the best coin win but people like you should just be permanently ignored

Well potentially it will evolve into a decentralized ebay - available directly in the wallet so that is part of the reasoning

For buying the xc-tor-stick we will be setting up an online marketplace which takes XC[only] for payment, hopefully the prototype will be online next week


Thoughts on only accepting XC for payment?

Dan

Dear KeyCoin Community,


I have always been a strong advocate for advancements in technology, dating back throughout my career and I support anything that can have a positive effect on the path to greater freedom and I regard crypto-currency as key part  of the solution to a decentralized and free society.  You can see my extensive list of accomplishments at http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

The KEY code:

KEY is 100% Proof-of-Stake, with checkpoints, active POS checkpointing server, and a POS Maximum Age of 120 days to prevent long term accumulation attacks. The code has been well audited by both members of the community and exchange operators.

Key’s anonymous solution is an unique hybrid which leverages on-demand encryption and clustered pools to randomize mixing.  To prevent leakage the transaction is passed through the clustered mixing pools twice, thus rendering the transaction untraceable on the blockchain and also prevents even the sender from tracing the transaction on the block chain. While the anonymous system is indeed based on XC, it is a highly modified and unique version.

The KEY team and invite for review:

At first when the KEY team reached out, my initial response was to say no due to my workload and commitment with XC, but since I am always open to new innovation, I finally decided to accept the request.  I was invited to a private channel with an extremely organized and eager development team. There are over 20 guys in here with skill sets ranging from proficiencies in various computing languages, graphic designers, web developers, 2 3D rendering studios, Linux system admins, they even have guys with 3D printers exchanging custom designs for the KEYos and merchandise.
I also noted a great deal of cross collaboration, with many prominent developers from the community contributing to the success of the coin and the quality of the code.

They have their ears open and they are open to acting on not only my suggestions, but those that emanate from the community itself. Since innovation is what drives cryptocurrency, I decided to accept the opportunity to review the code and the team.
 
Peer Review:

In reviewing the code, I did a basic review of the entire code base and a more in-depth analysis of the anonymous related portions.
The additional clustering abilities within the protocol itself provide an ideal solution in preventing block analysis, and to take it even 1 step further, the developers have implemented a ring layer on the protocol allowing the transaction to take multiple pass’s through the cluster, further anonymizing the transaction.
Since the entire protocol including the enhancements are encrypted it is impossible to gain any information by sniffing the network.
The protocol enhancements have been integrated correctly and based on my own testing perform as expected and haven’t created any security vulnerabilities.


As my time very limited, I will leave it up to the Key Dev's to handle any questions

Sincerely,

Dan Metcalf

So the multipool is offline due to some issues with the code[note: I am not the developer of that code nor have I looked at it].  At this time I'm looking at all options for getting a multipool back online asap

Also EM_RC4 should be completed soon and released for wider testing.


As most of you are aware, the Key Coin team has worked up an anonymous solution based on the XC rev1 code and asked me to take a look at the code.  Which in of itself is a rock solid testament to what XC has done and continues to do moving forward and just as ground breaking as that tech was, XC will continue to bring new ground breaking game changing technology to crypto and the mass's.


An updated image for the tor stick will be available for download as soon as the EM testing wrap's up....  Fully anonymous encrypted messaging over TOR :-)


Dan

I have seen that certain ISP's or content filters can impact the privacy feature, we are working on an update to resolve this type of issue

Dan

XC has decentralized trustless mixing today and the source code will be open sourced in the future

I will be releasing an updated roadmap this weekend and also an updated wallet with improvements to the private transactions feature


Somethings are ahead of schedule (EM, Website, branding, etc) and other items need additional improvement (private transactions) for usability

Thanks,

Dan

In response to the attack that was carried out today on navajocoin.


While I am still reviewing the limited amount of information, based on my review of both the code and the available data, the attack was successful partly due to the 30 second block time.  

XC use's a 90 second block time.

I am reviewing the additional variables & Proof of Stake code involved in this attacked for any potential issues



2nd


The current REV2 test-release will be updated, additional data collected and then the final rev2 will be released


Dan

the address I provided was for testnet use only, you launched the wallet in normal mode

Not yet but its coming!

I have been living on coffee for weeks!!!!

Its hard to sleep when your developing something amazing like this, although I will be enjoying some family time today :-)

yes I did receive!!!

it is P2P, so this will happen, if you let it run it will download

Okay


downloads.xc-official.com/testing/




rev 1.1 -  updated batch file with new testnet node - I will leave this node open all week.


Just to highlight - This release is decentralized ENCRYPTED messaging..  use the included batch file to launch the client

Step #1 - go to receive coins, click on NEW Address - call it "chat"

Step #2 - Goto address book, click new address

- add user's XC Wallet
- press enter
- right click and hit messages

- from field - click the address book - select the entry you created in step #1 above
- to field - click on address book select entry from step #2
- key field - enter remote users pubkey

PUBKEY - to copy your pubkey and provide to users - go to the address you created in step #1, right click and hit copy pubkey


My Test XC Address: mgpkXSAbfmZ1tkqSVnSeMJXwJx77HyZ2up
My PUBKEY: nCmoh5bt7ogWujBBQVT7NkpKGPGwLw35uqWCLKBNouL7


Happy testing!!!


Dan

EM TEST RELEASE

Now available at

http://downloads.xc-official.com/testing/

Windows only for now, The UI for this feature will be completely revamped but I need to test out the core of this feature.


The PDF has a quick walk through on how to use

You will need to generate a new address, which also creates a PUBKEY just for that address, which is used for encryption.  You will need the remote users XC Address and also the PUBKEY.

I need to setup the testnet node, then some testing can take place - due to the hour[and I'm away from my main pc], it may not be until tomorrow morning for the actual test itself.



thanks,

Dan

and this isn't our last layer, we have 1 more layer of blockchain privacy coming out as well with REV3, and at that stage it will be 100% anonymous & bullet-proof when combined with all the layers we have built

Yes, it will be deployed to testnet and the test parameters put together for users to start testing, This will happen tonight

I don't believe your setup correctly, so it is not going to work

the best to validate to is to go to ipchicken.com, get your ipaddress and then port check it for 32348