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

[atcsecure]

Just to organize some info for everyone:

Link to NEW Wallet (updated TODAY 5/26): https://mega.co.nz/#!8Fs0GCqC!R5EorsUF2rkdqEwR65DEmhdDVP3X4MH_FzxDlUNAOJA

Distribution changes: PoW blocks reduced.  Now 22,500 blocks @ 333 per block.  
(Max) Total Supply: 7.492 million XC
Estimated Total Supply (factoring in PoS blocks): 6.2 million XC
Estimated PoW Days Remaining: 2 days  

Visio on how the anonymous transfers work:  



Additional information given by atcsecure:

For those looking for some more details... check out the link, our design incorporates some of the features from dual path paradigm concepts, although we are advancing this concept to be multi-path paradigm, and we will implement on top of tor to provide a high level of anonymity

http://eprint.iacr.org/2009/385.pdf
http://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf

The principles for this concept come from a design that I originally leveraged back in 2005,[multi-path paradigm] the system still runs to do this day handling 50k to 100k users per day

also the infrastructure for this will support numerous other applications, such as encrypted messaging, P2P exchange..etc granted we can only develop new features so fast, but we are putting the foundation for a multi-use, multi-purpose platform

one the of the details we are still working out is the autonomous "supernode" function and best methods to prevent bad-actors.. We have implemented PKI and will leverage that as part of entire solution

so basically all XC does is coin mixing,

No, mixing is only part of it, XC now contains a completely new transaction protocol layer that is encrypted and will be leveraged as a platform for all sorts of concepts.... and it will leverage multi-path paradigm topology (which again is a custom developed concept based on dual-path paradigm)

So mixing is just the first application to run on top of this new protocol........

[1714659865]

1714659865

[dadon]

Honestly, I don't think a the premine is really an issue, as the only reason its worth so much is due to dev, so I think he deserves it, as long as he doesn't dump it I am happy with him keeping the premine.

I'm just saying that if he destroys an equal proportion it's an epic win in terms of "fairness perception". No claim can come, ever, from stuff like "ohhh you little greedy dev, wanted more coins, etc". I've seen fud vectors with DRK so he could leverage that knowledge to his advantage and avoid anything that can be used against him.

Besides, the dev of coins which are evolving always has an unfair advantage over everyone else.

The second most prized quality in finance is knowing the future. The first is CONTROLLING the future.

A dev controls a coins future regarding its development and as such can make money out of it. He knows when he will make an announcement that will make the price spike so he can buy before and sell after the announcement, making gains. He doesn't even need 0.00001% premine. Anyone thinking like that apparently doesn't have a clue. Shitcoins need premine more than developing coins.

If the dev thinks of it, he can then destroy the premine to equal proportion and avoid criticism. Although now that I've wrote about how devs have an unfair advantage anyway, less will appreciate the move. Seems ironic, doesn't it?

Most crap coins dev are in it to sell their premine for a few K...  I don't think XC dev is here for the few K, but the MILLIONS....   so, he can keep his premine.   Cause, I will make way more than he will from his premine.  It's his hard work that allows us to ride this wave.   Why should he destroy his premine?   Will everyone destroy part of their coins?!?!  Doesn't make sense.

how many u got bro i want to compare lol mate if u have more then 100k congratulations you are retiring early this coin will be between $30-$60 each(12-24months time frame) when its done you saw it early you deserve it, good on ya

Let's just say... I think my retirement will be really really great.    I was mining on launch...  ALL IN from the beginning.

lol me 2   good on u brother

[fearcoka]

I have over 80btc to spare. I want to know 5 facts about this coin without reading the 100 + pages.

I was an early investor for DRK and i see the same future here. Why should i invest?

Ty

[dadon]

Honestly, I don't think a the premine is really an issue, as the only reason its worth so much is due to dev, so I think he deserves it, as long as he doesn't dump it I am happy with him keeping the premine.

I'm just saying that if he destroys an equal proportion it's an epic win in terms of "fairness perception". No claim can come, ever, from stuff like "ohhh you little greedy dev, wanted more coins, etc". I've seen fud vectors with DRK so he could leverage that knowledge to his advantage and avoid anything that can be used against him.

Besides, the dev of coins which are evolving always has an unfair advantage over everyone else.

The second most prized quality in finance is knowing the future. The first is CONTROLLING the future.

A dev controls a coins future regarding its development and as such can make money out of it. He knows when he will make an announcement that will make the price spike so he can buy before and sell after the announcement, making gains. He doesn't even need 0.00001% premine. Anyone thinking like that apparently doesn't have a clue. Shitcoins need premine more than developing coins.

If the dev thinks of it, he can then destroy the premine to equal proportion and avoid criticism. Although now that I've wrote about how devs have an unfair advantage anyway, less will appreciate the move. Seems ironic, doesn't it?

Most crap coins dev are in it to sell their premine for a few K...  I don't think XC dev is here for the few K, but the MILLIONS....   so, he can keep his premine.   Cause, I will make way more than he will from his premine.  It's his hard work that allows us to ride this wave.   Why should he destroy his premine?   Will everyone destroy part of their coins?!?!  Doesn't make sense.

how many u got bro i want to compare lol mate if u have more then 100k congratulations you are retiring early this coin will be between $30-$60 each(12-24months time frame) when its done you saw it early you deserve it, good on ya

Let's just say... I think my retirement will be really really great.    I was mining on launch...  ALL IN from the beginning.

just tell me do u have 500k lol if u do wooow! so happy 4 u

[CryptoGretzky]

Honestly, I don't think a the premine is really an issue, as the only reason its worth so much is due to dev, so I think he deserves it, as long as he doesn't dump it I am happy with him keeping the premine.

I'm just saying that if he destroys an equal proportion it's an epic win in terms of "fairness perception". No claim can come, ever, from stuff like "ohhh you little greedy dev, wanted more coins, etc". I've seen fud vectors with DRK so he could leverage that knowledge to his advantage and avoid anything that can be used against him.

Besides, the dev of coins which are evolving always has an unfair advantage over everyone else.

The second most prized quality in finance is knowing the future. The first is CONTROLLING the future.

A dev controls a coins future regarding its development and as such can make money out of it. He knows when he will make an announcement that will make the price spike so he can buy before and sell after the announcement, making gains. He doesn't even need 0.00001% premine. Anyone thinking like that apparently doesn't have a clue. Shitcoins need premine more than developing coins.

If the dev thinks of it, he can then destroy the premine to equal proportion and avoid criticism. Although now that I've wrote about how devs have an unfair advantage anyway, less will appreciate the move. Seems ironic, doesn't it?

Most crap coins dev are in it to sell their premine for a few K...  I don't think XC dev is here for the few K, but the MILLIONS....   so, he can keep his premine.   Cause, I will make way more than he will from his premine.  It's his hard work that allows us to ride this wave.   Why should he destroy his premine?   Will everyone destroy part of their coins?!?!  Doesn't make sense.

how many u got bro i want to compare lol mate if u have more then 100k congratulations you are retiring early this coin will be between $30-$60 each(12-24months time frame) when its done you saw it early you deserve it, good on ya

Let's just say... I think my retirement will be really really great.    I was mining on launch...  ALL IN from the beginning.

just tell me do u have 500k lol if u do wooow! so happy 4 u

No... not that much... let's say it's between 200-500K hahah

[biggernugs]

excellent work, this coin has nowhere to go but up

[Taner]

I have over 80btc to spare. I want to know 5 facts about this coin without reading the 100 + pages.

I was an early investor for DRK and i see the same future here. Why should i invest?

Ty

Just because Dev. You need to read all 100+ page

[saberu]

Cause, I will make way more than he will from his premine.

So you have at least 400-500k coins to claim you have way more than 185k. You can post in my `declare your XC stake` thread  

You are definitely going to end up being in the top 10 holders in the word, nice going.

There is a declare your XC stake thread?  My minting weight is only around 9xx K.

With that minting weight you have at least 400k coins. When the price hits Darkcoins 0.02 you are going to have over $5 million. I am not jealous, I would be happy with $300k   Congratulations.

[dida]

I have over 80btc to spare. I want to know 5 facts about this coin without reading the 100 + pages.

I was an early investor for DRK and i see the same future here. Why should i invest?

Ty

Just go 6 pages back and you will get the picture ...  

[atcsecure]

No, mixing is only part of it, XC now contains a completely new transaction protocol layer that is encrypted and will be leveraged as a platform for all sorts of concepts.... and it will leverage multi-path paradigm topology (which again is a custom developed concept based on dual-path paradigm)

So mixing is just the first application to run on top of this new protocol........

Don't want this key point to get lost --- mixing is just the first application, the list is long and the potential is huge, and since the foundation has been built and deployed, it is now time to build on that foundation.... with some revolutionary concepts and idea's.....

[Brilliantrocket]

For anyone interested, POS is flawed as it can never remain decentralized. Refer to https://bitcointalk.org/index.php?topic=558316.msg6501774#msg6501774

[dadon]

I have over 80btc to spare. I want to know 5 facts about this coin without reading the 100 + pages.

I was an early investor for DRK and i see the same future here. Why should i invest?

Ty

we go pos tommorow so roughly 7 million coins 33 all up after many years
dev with over 25 years experience in coding and tech field in general, also former ceo of major company
anon features sort of like drk but not fully disclosed yet, others may be able to explain more, but dev has spoken of  idea of rings without the blockchain bloat
first anon pos coin
anon android wallet with working pos coming
dev has deliverd on time every time
there are lots of things but im drunk anybody else??

[cryptohunter]

Is it safe to move coins?

No chance of a fork with people upgrading to this new wallet?

Have the exchanges updated yet?

[ifightformerkel]

I have over 80btc to spare. I want to know 5 facts about this coin without reading the 100 + pages.

I was an early investor for DRK and i see the same future here. Why should i invest?

Ty

the dev is building a 100% anonymous coin, when anyone will send coins anoym then they must buy XC.  
The price now is just so cheap, and the pow ends in not even 2 days.   , then the first price explosion will start.

[fearcoka]

ok im pumping this! lets rock and roll fellas

im at 70k so far

[tianfuzi]

My XC wallet has add node, but still out of sync. Who can help me? Thanks very much

[nish2011]

stop with the pump, i am trying to get some

[ifightformerkel]

i have a feeling panic buys startet @ mintpal

big buy walls building

and the price is now over 0.001125

[dadon]

Honestly, I don't think a the premine is really an issue, as the only reason its worth so much is due to dev, so I think he deserves it, as long as he doesn't dump it I am happy with him keeping the premine.

I'm just saying that if he destroys an equal proportion it's an epic win in terms of "fairness perception". No claim can come, ever, from stuff like "ohhh you little greedy dev, wanted more coins, etc". I've seen fud vectors with DRK so he could leverage that knowledge to his advantage and avoid anything that can be used against him.

Besides, the dev of coins which are evolving always has an unfair advantage over everyone else.

The second most prized quality in finance is knowing the future. The first is CONTROLLING the future.

A dev controls a coins future regarding its development and as such can make money out of it. He knows when he will make an announcement that will make the price spike so he can buy before and sell after the announcement, making gains. He doesn't even need 0.00001% premine. Anyone thinking like that apparently doesn't have a clue. Shitcoins need premine more than developing coins.

If the dev thinks of it, he can then destroy the premine to equal proportion and avoid criticism. Although now that I've wrote about how devs have an unfair advantage anyway, less will appreciate the move. Seems ironic, doesn't it?

Most crap coins dev are in it to sell their premine for a few K...  I don't think XC dev is here for the few K, but the MILLIONS....   so, he can keep his premine.   Cause, I will make way more than he will from his premine.  It's his hard work that allows us to ride this wave.   Why should he destroy his premine?   Will everyone destroy part of their coins?!?!  Doesn't make sense.

how many u got bro i want to compare lol mate if u have more then 100k congratulations you are retiring early this coin will be between $30-$60 each(12-24months time frame) when its done you saw it early you deserve it, good on ya

Let's just say... I think my retirement will be really really great.    I was mining on launch...  ALL IN from the beginning.

just tell me do u have 500k lol if u do wooow! so happy 4 u

No... not that much... let's say it's between 200-500K hahah

i have 50k now if other investments flourish before price explosion i'm going for another 100-200k but we will see, anyways great to hear

[atcsecure]

Is it safe to move coins?

No chance of a fork with people upgrading to this new wallet?

Have the exchanges updated yet?

move coins through mixer? yes but there is still risk until we come out of beta on that code but - I wouldn't go more than 10 XC's per tx and spread them out


I am awaiting confirmation on the exchanges and if there is a situation it will be dealt with promptly and correctly