[ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth!

[Pytbo]

If the whales contribute enough to allow the dev to work fulltime, it would be amazing for the project. How close are we to making the goal?

I am happy to announce that the fundraising goal has been reached!   Big thanks to ontopicplease and all other investors who donated (mainly original ICO investors). We now have a professional full-time dev, JBG, who will be bringing this project forward with higher intensity than ever before. We have a lot of goals, and JBG is very open for all kinds of suggestions the community carries to him. He will soon confirm it here personally.

Congratulations.
I will wait with interest for the results of your work.

[1714952199]

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[bzyzny]

Congrats on raising dev funds, am excited to see where this will lead. I agree xspec has much potential

I have one suggestion that I think would make a huge difference even though its fairly simple. As gandolf pointed out on the last page, spectre supports public and private transactions. However, wouldn't it make sense to have private transactions be the default? Especially since you are pitching it as privacy coin? Some noobs may not realize they have to choose to make it private. Also, the more tx that are done using private ring signatures will increase the overall anonymity set that new txs can use for their ring signatures. In other words, for best results privacy tx should be the default and public tx should be optional, requiring the user to explicitly choose to make it a public tx. Also if we want exchanges to use private tx (which they should IMO), making it the default tx type is probably the only way to get them to do so. Any thoughts?

[Gandalf86]

Congrats on raising dev funds, am excited to see where this will lead. I agree xspec has much potential

I have one suggestion that I think would make a huge difference even though its fairly simple. As gandolf pointed out on the last page, spectre supports public and private transactions. However, wouldn't it make sense to have private transactions be the default? Especially since you are pitching it as privacy coin? Some noobs may not realize they have to choose to make it private. Also, the more tx that are done using private ring signatures will increase the overall anonymity set that new txs can use for their ring signatures. In other words, for best results privacy tx should be the default and public tx should be optional, requiring the user to explicitly choose to make it a public tx. Also if we want exchanges to use private tx (which they should IMO), making it the default tx type is probably the only way to get them to do so. Any thoughts?

Totally agree! But it's not "simple".  Actually, I have proposed the same thing to jbg a few days ago. One thing that we would need to make sure is that staking works with ring signatures, which is an interesting novel concept as far as I can see it. Jbg said spontaneously, it should be possible but requires some work (obviously). We're totally aware of this problem and I hope it will be added to the roadmap.

[Bitman86]

Here is a test version of 1.3 for Mac OSX

https://drive.google.com/open?id=0B5j8d4FSc7drVGtrckQxTFRiRlE

I am testing it at the moment. If someone else could test that would be useful before uploading to GitHub.

 

Please collaborate with Mandica and the Spectreproject. If you read this and agree, then just do it now.
Thank you.  

[pilvlp]

New website is beautiful.

[bzyzny]

Thanks for the quick replay gandalf, glad to hear its already under consideration. I wasn't thinking about staking with ring signatures, that would be awesome! Maybe to start, jbg could leave staking as it is, but make ring sig the default tx mode. That would cause ppl to have to move their coins to their public address before being able to stake, so not ideal but a first step. Just an idea, I'm not fluent in c++ but know enough to realise "simple" things are rarely actually simple.

[DiCE1904]

Here is a test version of 1.3 for Mac OSX

https://drive.google.com/open?id=0B5j8d4FSc7drVGtrckQxTFRiRlE

I am testing it at the moment. If someone else could test that would be useful before uploading to GitHub.

 

Tried it out....now all my coins are gone.

Edit: went back to v1.2.0.0-g and they are there again

[Beachguy]

Tried it out....now all my coins are gone.
Edit: went back to v1.2.0.0-g and they are there again

Just stay on v1.2 until @jbg announces the official v1.3 for mac.....its a disconnect between the front end and the data folder. Your xspec was never gone.....the ui just couldn't see them. it's all ok.
Stay calm and keep on staking.

[srqrebel]

Congrats on raising dev funds, am excited to see where this will lead. I agree xspec has much potential

I have one suggestion that I think would make a huge difference even though its fairly simple. As gandolf pointed out on the last page, spectre supports public and private transactions. However, wouldn't it make sense to have private transactions be the default? Especially since you are pitching it as privacy coin? Some noobs may not realize they have to choose to make it private. Also, the more tx that are done using private ring signatures will increase the overall anonymity set that new txs can use for their ring signatures. In other words, for best results privacy tx should be the default and public tx should be optional, requiring the user to explicitly choose to make it a public tx. Also if we want exchanges to use private tx (which they should IMO), making it the default tx type is probably the only way to get them to do so. Any thoughts?

Totally agree! But it's not "simple".  Actually, I have proposed the same thing to jbg a few days ago. One thing that we would need to make sure is that staking works with ring signatures, which is an interesting novel concept as far as I can see it. Jbg said spontaneously, it should be possible but requires some work (obviously). We're totally aware of this problem and I hope it will be added to the roadmap.

If this is truly possible, I would like to see it added to the roadmap and given priority.

[adsadsx]

where is the bounty thread?
I want to join ..

[Donron]

I did some “dream” calculation If you do not have dreams it means you are dead.

Let’s say you have today 400K of Spectre with today’s price 50 cents,  because of PoS  you have about
 I think 1666 of Spectre each month EXTRA ( increase monthly amount not counted ) it is giving you about 833 dollars passive income per month

From 50 cents to 10 dollars is short way with our hard work as community and developers

833doll x 20 = 16660  dollars per month  I think you can retired and have monthly  Lamborghini  payments with this small retirement , IF THIS IS YOUR DREAM

WHAT INVESTORS ARE WAITING FOR ?

Can somebody check math if am I right? Maybe one glass of wine was to strong ha ha

400K of spectre is about 50 BTC today
and ROI next year can be 200 000 doll yearly

THIS IS NOT GUARANTEED it is speculation only ( keep this in mind )

but dreams are dreams

[puremage111]

I did some “dream” calculation If you do not have dreams it means you are dead.

Let’s say you have today 400K of Spectre with today’s price 50 cents,  because of PoS  you have about
 I think 1666 of Spectre each month EXTRA ( increase monthly amount not counted ) it is giving you about 833 dollars passive income per month

From 50 cents to 10 dollars is short way with our hard work as community and developers

833doll x 20 = 16660  dollars per month  I think you can retired and have monthly  Lamborghini  payments with this small retirement , IF THIS IS YOUR DREAM

WHAT INVESTORS ARE WAITING FOR ?

Can somebody check math if am I right? Maybe one glass of wine was to strong ha ha

400K of spectre is about 50 BTC today
and ROI next year can be 200 000 doll yearly

THIS IS NOT GUARANTEED it is speculation only ( keep this in mind )

but dreams are dreams

Great dream and i certainly believe on the dream

But theres a 14 btc sell wall at 14.4K

Then another 15 BTC sell wall at 15.4K

Lets see

[harvw]

Large sell walls are deliberate. Old school trading tactics used to drive down the price in order to accumulate more coins cheaply...

[nonokeci]

new ANN, anything new devs?

[Welds1977]

what's driving the price up?

[HippiePyro]

XSpec has the 3rd highest BTC/volume on cryptopia. This is news to me  and very exciting! Those sell walls crumbled for a short while last night, the price rose to 16k.
I'm so addicted to following this coin. It makes no sense lol. Well maybe. I too have a dream and xspec is shaping up to be a big part of it. Sadly I don't even have a 1000 xspec, yet.

Btw, does jbg have an account here on bitcoin talk? Just so we know it him if he ever has time to join us

[mandica]

XSpec has the 3rd highest BTC/volume on cryptopia. This is news to me  and very exciting! Those sell walls crumbled for a short while last night, the price rose to 16k.
I'm so addicted to following this coin. It makes no sense lol. Well maybe. I too have a dream and xspec is shaping up to be a big part of it. Sadly I don't even have a 1000 xspec, yet.

Btw, does jbg have an account here on bitcoin talk? Just so we know it him if he ever has time to join us

I think the price is rising as people are starting to see that we are serious about making this a top anonymous coin and that there is development happening. @jbg does not have an account here and we are working together, beachguy, jbg, me and others. This is just a new thread as beachguy as taken on the role of community manager.

[Gandalf86]

XSpec has the 3rd highest BTC/volume on cryptopia. This is news to me  and very exciting! Those sell walls crumbled for a short while last night, the price rose to 16k.
I'm so addicted to following this coin. It makes no sense lol. Well maybe. I too have a dream and xspec is shaping up to be a big part of it. Sadly I don't even have a 1000 xspec, yet.

Btw, does jbg have an account here on bitcoin talk? Just so we know it him if he ever has time to join us

I think the price is rising as people are starting to see that we are serious about making this a top anonymous coin and that there is development happening. @jbg does not have an account here and we are working together, beachguy, jbg, me and others. This is just a new thread as beachguy as taken on the role of community manager.

JBG's account here is spectre_jbg as listed in this beautiful Wiki article.   http://coinwiki.info/en/SpectreCoin#Official_team

[Donron]

I did some “dream” calculation If you do not have dreams it means you are dead.

Let’s say you have today 400K of Spectre with today’s price 50 cents,  because of PoS  you have about
 I think 1666 of Spectre each month EXTRA ( increase monthly amount not counted ) it is giving you about 833 dollars passive income per month

From 50 cents to 10 dollars is short way with our hard work as community and developers

833doll x 20 = 16660  dollars per month  I think you can retired and have monthly  Lamborghini  payments with this small retirement , IF THIS IS YOUR DREAM

WHAT INVESTORS ARE WAITING FOR ?

Can somebody check math if am I right? Maybe one glass of wine was to strong ha ha

400K of spectre is about 50 BTC today
and ROI next year can be 200 000 doll yearly

THIS IS NOT GUARANTEED it is speculation only ( keep this in mind )

but dreams are dreams

Great dream and i certainly believe on the dream

But theres a 14 btc sell wall at 14.4K

Then another 15 BTC sell wall at 15.4K

Lets see

Spectre is stronger and stronger every minute
The walls were gone in seconds

Hey teacher live us kids alone !!!!!! , we are working hard and the wall is gone  !!!!!   something like Pink Floyd ha ha

[harvw]

I did some “dream” calculation If you do not have dreams it means you are dead.

Let’s say you have today 400K of Spectre with today’s price 50 cents,  because of PoS  you have about
 I think 1666 of Spectre each month EXTRA ( increase monthly amount not counted ) it is giving you about 833 dollars passive income per month

From 50 cents to 10 dollars is short way with our hard work as community and developers

833doll x 20 = 16660  dollars per month  I think you can retired and have monthly  Lamborghini  payments with this small retirement , IF THIS IS YOUR DREAM

WHAT INVESTORS ARE WAITING FOR ?

Can somebody check math if am I right? Maybe one glass of wine was to strong ha ha

400K of spectre is about 50 BTC today
and ROI next year can be 200 000 doll yearly

THIS IS NOT GUARANTEED it is speculation only ( keep this in mind )

but dreams are dreams

The math is slightly off but the overall estimate is fairly accurate and certainly not impossible.