[ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet

[wevus]

withdraw 100XC in wallet, testing minting

Can someone explain this newbie (me, not ottobene) how this minting works? I got 3k XC in my wallet. It says " Minting, Your weight is 647. Networkweight is 3563. Expected time to earn rewards is 8 minutes." But this has been the case for the last few hours and noting happens.

From my understanding, the minting POS will actually kick in tomorrow night when the new wallet is released

[1714692438]

1714692438

[1714692438]

1714692438

[1714692438]

1714692438

[jdebunt]

Congratz guys :

http://www.cryptoarticles.com/crypto-news/2014/5/25/x11coin-wins-the-anonymous-wallet-race-with-an-asterisk#

Will keep a close eye on the situation

[guolong9988]

http://xc.nmgpool.com/




Reward System: Full Stratum/Vardiff system with PROP
Server Location: China/America
Pro Hardware: Connections: 10 gigabit network hypervisor/storage. Direct connection to AIMX, MSX
Storage: Fast ZFS based environment with SSD cache and 32 disks.
CPU: Xeon 64bit / 16 powerful CPU cores
Ram: 128 GB RAM.

Security:
Two different geo-locations Hot wallets (primary and instant back-up).
Offline secured cold Wallet.
Automated back-ups and warning system for operators.
Ddos protecion.


Welcome friends to join our team！

[heartastack]

Distribution list?

[elviselvis101]

Excellent! Thank you for your hard work!
In my opinion, XC is earlier than DRK in implementing the annomous feature,
that is very impressive

This is not so much a matter of opinion... rather a matter of historic facts: DarkSend was/is live since Feb (testnet) / March (mainnet).

I am confused, I think DRK is still in the testing (i know they started in Feb, but i think they are still testing and they are trying to implement masternode soon), but XC is almost ready for implement. Please point it out if I am wrong.

DRK is implementing masternode payments in a few hours. That's part of RC2. DarkSends work ok but, up to now, masternodes weren't getting paid 10% of mining output. RC3 will bring more in terms of anonymity and a lift of the 10 DRK limit per transaction (as it has implemented denomination pools of same sizes for improving anonymity).

Basic mixing was achieved within days back in February. For 99% of the cases a mixer is private enough for most uses. However governments can still catch you if they can monitor the nodes. That's the 1% extra effort that DRK is trying to do in the last months in the form of negative incentives to run multiple nodes from "bad actors" (that's why masternode payment protocol / 1000 DRK requirement was put into place). RC3 will try to improve anonymity further - always that last 1%.

Many thanks for the tech briefing, one question; lets say 10-20 years from now, whats preventing gov or what we have at that time, to buy there way in and hold the masternodes, there by canceling the anon feature ?

[jly77]

Seems somebody dumped quite a lot LOL

[SpringfieldM1A]

[Quantumbud]

Seems somebody dumped quite a lot LOL

They will be kicking themselves later

[CryptoGretzky]

Seems somebody dumped quite a lot LOL

This is why long POW with high reward will kill the coin.   I bet this is from the multipool dumping and converting to btc....

[provenceday]

Seems somebody dumped quite a lot LOL

This is why long POW with high reward will kill the coin.   I bet this is from the multipool dumping and converting to btc....

do not worry about this,we will back soon

[HardwarePal]

Just some day traders taking profit and the same thing that happend to XLB pre-mintpal.
Its totally normal.

[tat123]

Seems somebody dumped quite a lot LOL

This is why long POW with high reward will kill the coin.   I bet this is from the multipool dumping and converting to btc....

 Oh well... back to 100k.

[studio1one]

anyone know the most stable pool for this coin? I have around 100 mhash I want to point at it for a while

[nathalie20]

anyone know the most stable pool for this coin? I have around 100 mhash I want to point at it for a while

xc.suprnova.cc

[Alisho]

Guys have can I make a cold storage of this coin?

[wevus]

Seems somebody dumped quite a lot LOL

This is why long POW with high reward will kill the coin.   I bet this is from the multipool dumping and converting to btc....

I have a hard time believing the miners at multipools have no idea or lack of foresight to understand what RC is. I use multipools, but I keep the coins that I feel have a long term payoff. Actually, if it is ignorant miners operating at multiple: their loss is our gain, Im buying.

I am definitely thinking it is a few whales driving price down to to buy more back at a better rate. There are alot of fragile hands out there,

Just my 2 cents.

[CryptoGretzky]

Seems somebody dumped quite a lot LOL

This is why long POW with high reward will kill the coin.   I bet this is from the multipool dumping and converting to btc....

I have a hard time believing the miners at multipools have no idea or lack of foresight to understand what RC is. I use multipools, but I keep the coins that I feel have a long term payoff. Actually, if it is ignorant miners operating at multiple: their loss is our gain, Im buying.

I am definitely thinking it is a few whales driving price down to to buy more back at a better rate. There are alot of fragile hands out there,

Just my 2 cents.

I actually didn't mind that shake out... I actually bought 20k more XC during that time... so it's all good.  But multipool man... never good for any coin.

[AlexGR]

Excellent! Thank you for your hard work!
In my opinion, XC is earlier than DRK in implementing the annomous feature,
that is very impressive

This is not so much a matter of opinion... rather a matter of historic facts: DarkSend was/is live since Feb (testnet) / March (mainnet).

I am confused, I think DRK is still in the testing (i know they started in Feb, but i think they are still testing and they are trying to implement masternode soon), but XC is almost ready for implement. Please point it out if I am wrong.

DRK is implementing masternode payments in a few hours. That's part of RC2. DarkSends work ok but, up to now, masternodes weren't getting paid 10% of mining output. RC3 will bring more in terms of anonymity and a lift of the 10 DRK limit per transaction (as it has implemented denomination pools of same sizes for improving anonymity).

Basic mixing was achieved within days back in February. For 99% of the cases a mixer is private enough for most uses. However governments can still catch you if they can monitor the nodes. That's the 1% extra effort that DRK is trying to do in the last months in the form of negative incentives to run multiple nodes from "bad actors" (that's why masternode payment protocol / 1000 DRK requirement was put into place). RC3 will try to improve anonymity further - always that last 1%.

Many thanks for the tech briefing, one question; lets say 10-20 years from now, whats preventing gov or what we have at that time, to buy there way in and hold the masternodes, there by canceling the anon feature ?

The escalating cost of buying all market liquidity. It's extremely costly to do so as the more you buy, the more the price goes up - so it's not like "ah DRK costs 0.025, so I can buy every node for 0.025 x number of nodes". You'll buy a few at 0.025, then it goes to 0.03, 0.05, 0.1, 0.5 btc etc etc - as all market liquidity is sucked.

But there is also the issue of technological advancement. Now nodes do know what they are transacting, but improvements are on the way, so buying the nodes might prove futile, not in 20 years, but in 2 months.

[ellen.yan]

i see your crazy today!!!

[nathalie20]

guys from the DRK probably jealous


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