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battbot
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May 28, 2014, 01:26:52 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
xnodes which will provide a decentralized network will be out in a couple weeks or less, ETA |
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Whoever mines the block which ends up containing your transaction will get its fee.
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parker928
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May 28, 2014, 01:27:01 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
yeah man this is a better way to phrase my question but i dont want to seem like a troll so i phrased it differently but really ^ this is what I want to know |
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JesstersDead
Full Member
 Offline
Activity: 154
Merit: 100
I forgot where I put my wallet.dat
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May 28, 2014, 01:28:00 PM |
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is there a windows wallet i can download to try it out?
Hey mate, current windows build from OP has anon feature built in and working. It has to be done through the console however as the GUI feature was not added yet. |
Cryptsy.com - USD markets coming soon. Go validate your account now!
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wevus
Member
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Activity: 70
Merit: 10
Long Term Investor with Short Term Memory Loss
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May 28, 2014, 01:28:07 PM |
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what price expected to reach xc?
Not sure, but A friend of mine traded me a Toshiba satellite L775D-S7340 Laptop for 5 XC. Amazon has them lasted around $600. your friend is a fucking idiot NO, I consider him a really good friend. |
XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY
Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap
BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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Teka
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May 28, 2014, 01:28:17 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
yeah man this is a better way to phrase my question but i dont want to seem like a troll so i phrased it differently but really ^ this is what I want to know look at my reply above. |
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JesstersDead
Full Member
Offline
Activity: 154
Merit: 100
I forgot where I put my wallet.dat
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May 28, 2014, 01:29:13 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
yeah man this is a better way to phrase my question but i dont want to seem like a troll so i phrased it differently but really ^ this is what I want to know Also, any wallet will be able to act as an xnode. Though I am not sure about android as of yet. Hence "decentralized" |
Cryptsy.com - USD markets coming soon. Go validate your account now!
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ThomasYauoes
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Activity: 32
Merit: 0
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May 28, 2014, 01:31:02 PM |
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JesstersDead
Full Member
Offline
Activity: 154
Merit: 100
I forgot where I put my wallet.dat
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May 28, 2014, 01:31:46 PM |
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PoW stage is over. Mining can be done through the multipools which can be found on the OP |
Cryptsy.com - USD markets coming soon. Go validate your account now!
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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May 28, 2014, 01:33:59 PM |
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 Without even factoring in anonymity and other features, XC is guaranteed to push above Blackcoin. The 1% stake of Blackcoin isn't high enough incentive to keep network secure. The 3.3% XC interest combined with fees for running a supernode allow you to have a pretty nice virtual checking account. For anyone wondering just how proof of stake works, here is my explanation below: Since almost everyone I see doesn't understand the economic implications of stake reward, let me explain it for you:
Looking at proof of stake in a vacuum, the stake reward creates decentralized inflation, meaning if everyone stakes, you stay at equilibrium. What PoS is in a nutshell, is a tax on people who don't stake to support the network. Everyone who does stake is unaffected, anyone that doesn't stake is punished. It's not a comparable process to Bernanke throwing money out of a helicopter or anything like that.
Now that the implications of proof of stake in a vacuum are defined, you have to examine it's effects when placed in the real world. Some people argue for a large stake reward, but if the coin is to actually be used as a currency, it's extremely inconvenient for vendors to have to deal with a monetary supply that has enormous percent changes each year. If you used a number like 10%, well, the vendor now has to alter his prices by a large amount on a constant basis.
When you consider the percent of coins destroyed through transaction fees (probably around 1%), and the amount of coins that people will lose per year through accident or death (conservative 1% low ball figure), a stake reward of 2-5% can mostly be ignored by vendors without having to alter prices on a constant basis due to the money supply. This coin in particular chose a "magic number" right in the middle of what I consider the safe zone, where 2% is a little low, and 5% is a little high.
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parker928
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May 28, 2014, 01:34:32 PM |
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what price expected to reach xc?
Not sure, but A friend of mine traded me a Toshiba satellite L775D-S7340 Laptop for 5 XC. Amazon has them lasted around $600. your friend is a fucking idiot NO, I consider him a really good friend. well then you are a shitty person for ripping him off like that...ten dollars worth of coins for a 600 dollar laptop? Glad you're not MY friend lmao... |
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deepcoreotc
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May 28, 2014, 01:34:49 PM |
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hi all, love all the activity, what an exciting coin. If you like Jerky and believe in supporting crypto only merchants, then stop by http://bit.ly/XCJERKY and get a bag of jerky with XC, today. YAY. btw, I will be accepting XC at a $2 value!!! thats pretty kewl Teka, Thanks for the support  |
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Teka
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May 28, 2014, 01:35:50 PM |
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what price expected to reach xc?
Not sure, but A friend of mine traded me a Toshiba satellite L775D-S7340 Laptop for 5 XC. Amazon has them lasted around $600. snip NO, I consider him a really good friend. snip Hi parker, Can we please keep the fighting to a minimum? I understand you have an opinion but please fight it out in PMs. |
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niceman
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May 28, 2014, 01:35:57 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
Sorry about FUD, but it's just BUY hysteria because price changed from 0.0001 to 0.0033 in 1 week. Where is no any revolution usual mixer with several nodes controlled by developer. Also we have low supply, because mining was just turned off in the moment, when all bagholders buy enough coins. But where is no any real value in this coin, even official website not finished. |
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BADASS
Newbie
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Activity: 28
Merit: 0
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May 28, 2014, 01:36:01 PM |
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What a good days trading!
I knew it would break 180 yesterday, but I sure didn't expect it to be at 320 today.
Still only 1/15 of were we will be in a fortnight.
Bargains galore!
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Teka
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May 28, 2014, 01:36:09 PM |
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hi all, love all the activity, what an exciting coin. If you like Jerky and believe in supporting crypto only merchants, then stop by http://bit.ly/XCJERKY and get a bag of jerky with XC, today. YAY. btw, I will be accepting XC at a $2 value!!! thats pretty kewl Teka, Thanks for the support kind of my job now. |
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R4v37
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May 28, 2014, 01:42:24 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
Sorry about FUD, but it's just BUY hysteria because price changed from 0.0001 to 0.0033 in 1 week. Where is no any revolution usual mixer with several nodes controlled by developer. Also we have low supply, because mining was just turned off in the moment, when all bagholders buy enough coins. But where is no any real value in this coin, even official website not finished. it'll be sir |
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battbot
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May 28, 2014, 01:42:56 PM |
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So just to confirm, at this point the anonymity is accomplished through centralized nodes? How does the dev plan to make them decentralized, and how long will it take?
Sorry about FUD, but it's just BUY hysteria because price changed from 0.0001 to 0.0033 in 1 week. Where is no any revolution usual mixer with several nodes controlled by developer. Also we have low supply, because mining was just turned off in the moment, when all bagholders buy enough coins. But where is no any real value in this coin, even official website not finished. Half the reason the price is rocketing is not only because of the current anon feature in the wallet, but because of what the dev has said to do with decentralized xnode system + blockchain 2.0 in combination with his amazing credentials. atcsecure was CEO of tech security firm and is a legendary coder known back from the 1990's <--- this is being valued into the price right now. atcsecure is currently the most (known) qualified developer in the entire altcoin world. |
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Trivelius
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May 28, 2014, 01:44:13 PM |
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Do you have price prediction  |
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deepcoreotc
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May 28, 2014, 01:44:23 PM |
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hi all, love all the activity, what an exciting coin. If you like Jerky and believe in supporting crypto only merchants, then stop by http://bit.ly/XCJERKY and get a bag of jerky with XC, today. YAY. btw, I will be accepting XC at a $2 value!!! thats pretty kewl Teka, Thanks for the support kind of my job now. Well then, you are on it, great job watching post! |
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DRobert
Member
Offline
Activity: 98
Merit: 10
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May 28, 2014, 01:45:03 PM |
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What a good days trading!
I knew it would break 180 yesterday, but I sure didn't expect it to be at 320 today.
Still only 1/15 of were we will be in a fortnight.
Bargains galore!
Some people are trying to prevent the rise further on MintPal it seems. Hopefully they get left behind. |
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