drawingthesun
Legendary
 Offline
Activity: 1176
Merit: 1015
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May 25, 2014, 09:25:15 AM |
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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.
These improvements would perhaps be major Computer Science breakthroughs, as far as I can tell the lead developer is a programmer without expert abilities with regards to Mathematics or Cryptography. I'm not sure what improvements he could be developing. This is one possible solution: http://en.wikipedia.org/wiki/Homomorphic_encryption#Toward_fully_secure_Internet_applicationsHowever it's cutting edge research and the mathematics are rather complex. |
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hellyeahent
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May 25, 2014, 09:28:37 AM |
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nothing new in this coin + only dev stage dunno why ppl like it  |
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nathalie20
Legendary
Offline
Activity: 952
Merit: 1001
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May 25, 2014, 09:30:30 AM |
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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.
These improvements would perhaps be major Computer Science breakthroughs, as far as I can the lead developer is a programmer without expert abilities with regards to Mathematics or Cryptography. I'm not sure what improvements he could be developing. This is one possible solution: http://en.wikipedia.org/wiki/Homomorphic_encryption#Toward_fully_secure_Internet_applicationsHowever it's cutting edge research and the mathematics is rather complex. |
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Teka
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May 25, 2014, 09:31:36 AM |
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I just woke up and saw the price, thanks dev.  |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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May 25, 2014, 09:32:19 AM |
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nothing new in this coin + only dev stage dunno why ppl like it The community believe that the developer has created an anonymous wallet and it's likely to dwarf Darkcoin's capabilities. Although I doubt anyone here cares actually about anonymity, if they did they would already be using MRO, people know the keyword for pump these days is "anonymous wallet." Therefore XC needs an anonymous wallet. |
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studio1one
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May 25, 2014, 09:34:30 AM |
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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 thanks, good pool. Low rejects for me. |
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wevus
Member
Offline
Activity: 70
Merit: 10
Long Term Investor with Short Term Memory Loss
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May 25, 2014, 09:36:03 AM |
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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. Agreed multipool serves a great niche by destroying scam coins. IMO.. Overall I agree with you, but multipools can be used to your advantage, Now that the POW will be changed with the new wallet release, the multipools should be a concern for the other coins coming out. RC will be joining Drk status tomorrow night if not greater. Regardless we are sitting fat ATM, Cheers my brothers |
XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY
Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap
BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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Trezi
Member
Offline
Activity: 118
Merit: 10
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May 25, 2014, 09:40:50 AM |
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Congratz to all of us! Faith in this coin has paid of. BTC Vol 269.68683064 BTC on bittrex 24-hour Volume: 508.93025905 BTC on Polo This is nothing.  Furthermore we have a really competent and dedicated dev. The party is just starting. |
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jasinlee
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May 25, 2014, 09:47:33 AM |
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Someone told me XC had a GUI now and anon ? Any link to these developments ?
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rubberpool
Full Member
Offline
Activity: 140
Merit: 100
POOL.MN - we mine the hottest coins!
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May 25, 2014, 09:52:15 AM |
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http://xc.pool.mn offers: • 0% fees • Powerful dedicated server • DDOS Protection • Friendly support via email, jabber or support forums • Skilled admin Please, join us
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najzenmajsen
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May 25, 2014, 09:53:25 AM |
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fk i should've invested in this yesterday
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cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
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May 25, 2014, 09:54:53 AM |
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any report here???
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alwa1
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May 25, 2014, 09:56:25 AM |
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is the coin still in pow phase?
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jasinlee
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May 25, 2014, 09:57:42 AM |
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Thanks for the link, so its a fully anon coin now.....wow the implications....good bye DRK  |
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CryptoGretzky
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May 25, 2014, 10:07:39 AM |
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Thanks for the link, so its a fully anon coin now.....wow the implications....good bye DRK That's what happens with a competent dev, no instamine, no ridiculous premine and the the dev actually sticks around with the coin to develop it further. Who would have thunk it...? |
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jly77
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May 25, 2014, 10:14:04 AM |
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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.... It's good news they dump so early. |
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bigblind
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May 25, 2014, 10:22:25 AM |
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so what does this coin make so special?
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provenceday
Legendary
Offline
Activity: 1148
Merit: 1000
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May 25, 2014, 10:23:10 AM |
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hope we can hit 0.01btc after the wallet come out!
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