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

[faxxer]

I think it can hit 5usd in end of the year.

[1713887525]

1713887525

[nekohachicoin]

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

[HippiePyro]

What do you mean "not pear"

[nekohachicoin]

What do you mean "not pear"

Sorry,,,
I wanted to know is supply cap of This coin.
(I could not find Describe supply cap anywhare)

[HippiePyro]

20M were created in the genesis transaction. 19M were sold in the ICO at a steal of a price. The other 1M was kept by devs for development of the coin. The total amount is increased by 5% each year, that 5% is paid to those who stake their coins, which somehow processes the transactions. Roughly. I'll find the wiki for you it's a good read.

Edit- http://coinwiki.info/en/SpectreCoin#Official_team

[Gandalf86]

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

There is no max. Each year, 5% will be added. A max supply doesn't really make sense with a POS-only coin.

See: http://coinwiki.info/en/SpectreCoin#Specifications

[mandica]

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

There is no max. Each year, 5% will be added. A max supply doesn't really make sense with a POS-only coin.

See: http://coinwiki.info/en/SpectreCoin#Specifications

I wouldn't worry about the max supply at this time. 5% is not as much as it sounds like and it will take years before there is a significant increase / inflation and by that time the user base will be larger, fiat currency inflation will increase etc. If at some point it seems inflation is an issue or threat to the network there is always the possibility of adjusting the PoS to a reducing scheme. This would require a sufficient number of transactions to provide enough fees to satisfy node owners. At this time I would not worry about the max supply. We need to get all the core features running perfectly and then expand on that. Privacy is the key and the supply is in reality quite low. There are only a few hundred thousand in circulation being traded.

[Smashman]

Sounds good to me. The POS reward is quite good right now.

[jpatz100]

There was a bit of FUD on some forums that I was reading today considering the Ring Signature code used by XSPEC. Is the Ring Signature code updated so that it works properly and isn't prone to breaches? Is the dev team working on fixing this problem?

[grex]

is there any chance we will see it on bittrex anytime soon? dont want to register on another exchange for this coin

I'll say it once again....bittrex, poloniex and many other exchanges list what THEY want to. There are over 800 different coins and currencies.
It's your choice whether to register with one of our five exchages but, you'll miss out  Spectrecoin .

Afaik you have to apply to get listed on bittrex. There is a link to the application form somewhere on their website. If this wasn't already done, I hope that the devs will apply soon to get listed.

Has XSPEC already applied to get listed on bittrex?

[mandica]

There was a bit of FUD on some forums that I was reading today considering the Ring Signature code used by XSPEC. Is the Ring Signature code updated so that it works properly and isn't prone to breaches? Is the dev team working on fixing this problem?

This is old news and have been dealt with on numerous occasions. The math has been fixed a long time ago and is a non-issue. There will be some updates around the anonymous tokens in v1.4.

[Bitman86]

There was a bit of FUD on some forums that I was reading today considering the Ring Signature code used by XSPEC. Is the Ring Signature code updated so that it works properly and isn't prone to breaches? Is the dev team working on fixing this problem?

It is only FUD, (and of poor quality) you can see in this link that this was answered well, 7 months ago:

https://bitcointalk.org/index.php?topic=1704473.msg17636592#msg17636592

[Learning2Fly]

How are you different from XMR beyond just the tor intergration?  I am interested in investing.

[VEEGOLD]

How are you different from XMR beyond just the tor intergration?  I am interested in investing.

  apart from tor XMR uses alot of energy to confirm transactions (pow) while XSPEC uses less energy (posv3)

[Bitman86]

How are you different from XMR beyond just the tor intergration?  I am interested in investing.

Well it's a very special question, I can tell you one of the reasons why I sold my xmr last year and buy xspec.
There was a big party when the new xmr wallet came out, I tried it and it reminded me of the old days of MSDOS,
 yes, command line, in times when Windows reached its final and definitive version. Disappointed me.
The wallett of SpectreCoin, is simply being on Mars when the others try to reach the Moon.
By the way I almost forgot, before and now also, the SpectreCoin value growth expectation is higher. 

[Fara Chan]

I think it can hit 5usd in end of the year.

I think it might happen for a good coin like this ..
Let's join invest for making this project more successful, hopefully more and more investors are joining

[vrap.pm]

Im also investing in this coin because i think anom coins will be very important in rhe future.

[VEEGOLD]

Hopefully in no distant future XSPEC should be to the anon coins what bitcoin is to cryptocoin

[TalRasha]

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

There is no max. Each year, 5% will be added. A max supply doesn't really make sense with a POS-only coin.

See: http://coinwiki.info/en/SpectreCoin#Specifications

5% is looking a bit too much compared to this https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/ I am not 100% positive if the numbers are absolutely correct here, but anyways, Looks like 1 - 2% is going to be better.

Since the PoS is future in my opinion, especialy because the speed and the scalabitliy is the future. If we want to get mass adoption, to not get into the point where the bitcoin is today. I would like a system of staking that is incentivizing stakers to use - sell - throw their or part of their "5%" back to the market. Something like PoS - PoI (proof of importance) that is using NEM. Its a PoS that is incentivizing stakers to use their coins (not just sending to another wallet of yours ) What do you think guys.

Another thing, what do you think about governments cracking on the anonymity coins. I guess anonymity coins are going to be first ones attacked by govs, Have you any ideas how to avoid that, or some vision into the future in case its going to happen. You know anonymity coins wont have to pay taxes  , thats going to be a problem and an advantage   .

[Gandalf86]

5% is looking a bit too much compared to this https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/ I am not 100% positive if the numbers are absolutely correct here, but anyways, Looks like 1 - 2% is going to be better.

Since the PoS is future in my opinion, especialy because the speed and the scalabitliy is the future. If we want to get mass adoption, to not get into the point where the bitcoin is today. I would like a system of staking that is incentivizing stakers to use - sell - throw their or part of their "5%" back to the market. Something like PoS - PoI (proof of importance) that is using NEM. Its a PoS that is incentivizing stakers to use their coins (not just sending to another wallet of yours ) What do you think guys.

5% is not too much. It works as an incentive to support the network. I don't see how using or spending coins would have any benefit for the security of the network.

Another thing, what do you think about governments cracking on the anonymity coins. I guess anonymity coins are going to be first ones attacked by govs, Have you any ideas how to avoid that, or some vision into the future in case its going to happen. You know anonymity coins wont have to pay taxes  , thats going to be a problem and an advantage   .

Yes, that would be great for Spectre!   Because Spectre is extremely difficult to take down, as everything is running between Tor nodes. In order to take down Spectre, they would need to take down Tor!   And as Tor (with OBFS4, which we are using!) even works in extremely restrictive countries like China or Iran - good luck with that.