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

[BEECoinfan]

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


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

Insanely good work Dev. !

+1  Bye bye haters!

[1713541328]

1713541328

[1713541328]

1713541328

[AlexGR]

I like Dark but come on, the whole thing is nothing but a slick marketing and product launch.

There is no marketing associated with Darkcoin. No sponsorships, giveaways, promo events, etc. There was a conscious decision to wait, get the job done and then market. How can you market a product which is beta and not final?

However, coinmarketcap caught up, whales caught up and the pressure escalated. Then global media caught up, then LTC and BTC holders started hedging with DRK and the whole thing blew enormously in terms of coin value and attention.

then spring this whole masternodes concept that encourages hoarding of the coins to keep the network alive which gets everyone in a buying spree, neverminding the fact the system is setup to further more enrich all those early miners who have the lion's share of the loot.

There must be negative incentives to prevent bad actors from mapping the network. No dis-incentive => someone launches 10.000 nodes and has 99.9% chance to map all transactions. If you make it "costly" to own the nodes you prevent the bad actor attack to a sufficient degree.

XC will "suffer" criticism on this regard for a while until it comes up with another or similar solution.

And then it'll be a POS Darkcoin clone.

If you write your own code, you are generally not considered a clone but the distinction can be elusive for non-coders. The key will be to maximize the technology and make it as anonymous as it can get.

[veebee]

lol i love this dev, leaves everyone in suspense and then uppercuts all the haters


i bet all those dumpers hitting themselves in the balls with a hammer

+1

[interupted]

lol wtg dev

[rfcdejong]

i bought over 500 XCoin here -> https://www.europex.eu/#!coin/btc/x

Thinking it was XC (X11 Coin)

Now i learned the HARD way that i lost 0.54 BTC !!!

Withdrew it and now "it's gone" destroyed i believe

I withdrew XCoin to my X11 address   XWB4AHRwgQnhGToasRbqgfUXGHrw8bBXZR           (if someone rich is willing to donate feel free )  (i normally never bribe!)

At least someone on europex is happy that i bought his expensive XCoin then

PS: I never bribe, just feeling bad at the moment and it is the thruth i made this mistake!  CRY

The transaction id from XCoin =>  ded4a451e575a5d15f2bdd634c64d9c494e3a60f23d0b13c57ae5d3ea4ed88f6

Look my post history and see i'm active on several coins, now i dived into X11 Coin and didn't notice XCoin is another coin.

Let people know... plz plz plz
Let this be a warning for others not to get mistaken or confused

I won't go in XC11 now since i will stop trading for a while..  Destroyed 0.54 BTC in total just because the name is almost the same

wait XCoin = X11 coin i think

I don't believe that is X11Coin or XC -

did you receive your coins?


If your coins are lost, contact me and I'll see what I can do

Sad news from the ticket i created on europex, he cannot do anything about it because the seller of those XCoin's withdrew the BTC i payed him. Maybe i can get 500 XCoin's back if i'm 'lucky'.. what are 500 XCoins really worth? lol...

Anyway it seems europex is trustfull, maybe a new exchange to trade on (not that i'm going to trade again any time soon, anywhere...)

[Brilliantrocket]

I like Dark but come on, the whole thing is nothing but a slick marketing and product launch.

There is no marketing associated with Darkcoin. No sponsorships, giveaways, promo events, etc. There was a conscious decision to wait, get the job done and then market. How can you market a product which is beta and not final?

However, coinmarketcap caught up, whales caught up and the pressure escalated. Then global media caught up, then LTC and BTC holders started hedging with DRK and the whole thing blew enormously in terms of coin value and attention.

then spring this whole masternodes concept that encourages hoarding of the coins to keep the network alive which gets everyone in a buying spree, neverminding the fact the system is setup to further more enrich all those early miners who have the lion's share of the loot.

There must be negative incentives to prevent bad actors from mapping the network. No dis-incentive => someone launches 10.000 nodes and has 99.9% chance to map all transactions. If you make it "costly" to own the nodes you prevent the bad actor attack to a sufficient degree.

XC will "suffer" criticism on this regard for a while until it comes up with another or similar solution.

And then it'll be a POS Darkcoin clone.

If you write your own code, you are generally not considered a clone but the distinction can be elusive for non-coders. The key will be to maximize the technology and make it as anonymous as it can get.

Maybe not a direct clone, but supernodes sound familiar. Special nodes that do mixing, where have we seen that before?

[atcsecure]

I like Dark but come on, the whole thing is nothing but a slick marketing and product launch.

There is no marketing associated with Darkcoin. No sponsorships, giveaways, promo events, etc. There was a conscious decision to wait, get the job done and then market. How can you market a product which is beta and not final?

However, coinmarketcap caught up, whales caught up and the pressure escalated. Then global media caught up, then LTC and BTC holders started hedging with DRK and the whole thing blew enormously in terms of coin value and attention.

then spring this whole masternodes concept that encourages hoarding of the coins to keep the network alive which gets everyone in a buying spree, neverminding the fact the system is setup to further more enrich all those early miners who have the lion's share of the loot.

There must be negative incentives to prevent bad actors from mapping the network. No dis-incentive => someone launches 10.000 nodes and has 99.9% chance to map all transactions. If you make it "costly" to own the nodes you prevent the bad actor attack to a sufficient degree.

XC will "suffer" criticism on this regard for a while until it comes up with another or similar solution.

And then it'll be a POS Darkcoin clone.

If you write your own code, you are generally not considered a clone but the distinction can be elusive for non-coders. The key will be to maximize the technology and make it as anonymous as it can get.

Maybe not a direct clone, but supernodes sound familiar. Special nodes that do mixing, where have we seen that before?

DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform


This is why the multi-path paradigm network I built back in 2005 still functions to do this day and scaled up to meet the demands of 2014... think back to 2005, granted we had the internet, but not the mobile technology - and that is a key part of my background is mobility that will be leveraged in the android anonymous POS wallet

[AlexGR]

I like Dark but come on, the whole thing is nothing but a slick marketing and product launch.

There is no marketing associated with Darkcoin. No sponsorships, giveaways, promo events, etc. There was a conscious decision to wait, get the job done and then market. How can you market a product which is beta and not final?

However, coinmarketcap caught up, whales caught up and the pressure escalated. Then global media caught up, then LTC and BTC holders started hedging with DRK and the whole thing blew enormously in terms of coin value and attention.

then spring this whole masternodes concept that encourages hoarding of the coins to keep the network alive which gets everyone in a buying spree, neverminding the fact the system is setup to further more enrich all those early miners who have the lion's share of the loot.

There must be negative incentives to prevent bad actors from mapping the network. No dis-incentive => someone launches 10.000 nodes and has 99.9% chance to map all transactions. If you make it "costly" to own the nodes you prevent the bad actor attack to a sufficient degree.

XC will "suffer" criticism on this regard for a while until it comes up with another or similar solution.

And then it'll be a POS Darkcoin clone.

If you write your own code, you are generally not considered a clone but the distinction can be elusive for non-coders. The key will be to maximize the technology and make it as anonymous as it can get.

Maybe not a direct clone, but supernodes sound familiar. Special nodes that do mixing, where have we seen that before?

DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform

I think the potential for masternode application is being considered for DRK too (extra services through the masternodes etc) although the scope of services may vary. Altcoins are certainly evolving...

Will you also implement a mining reward schedule or fee-based-payment for x11coin supernodes?

[dida]

I like Dark but come on, the whole thing is nothing but a slick marketing and product launch.

There is no marketing associated with Darkcoin. No sponsorships, giveaways, promo events, etc. There was a conscious decision to wait, get the job done and then market. How can you market a product which is beta and not final?

However, coinmarketcap caught up, whales caught up and the pressure escalated. Then global media caught up, then LTC and BTC holders started hedging with DRK and the whole thing blew enormously in terms of coin value and attention.

then spring this whole masternodes concept that encourages hoarding of the coins to keep the network alive which gets everyone in a buying spree, neverminding the fact the system is setup to further more enrich all those early miners who have the lion's share of the loot.

There must be negative incentives to prevent bad actors from mapping the network. No dis-incentive => someone launches 10.000 nodes and has 99.9% chance to map all transactions. If you make it "costly" to own the nodes you prevent the bad actor attack to a sufficient degree.

XC will "suffer" criticism on this regard for a while until it comes up with another or similar solution.

And then it'll be a POS Darkcoin clone.

If you write your own code, you are generally not considered a clone but the distinction can be elusive for non-coders. The key will be to maximize the technology and make it as anonymous as it can get.

Maybe not a direct clone, but supernodes sound familiar. Special nodes that do mixing, where have we seen that before?

You are complete moron...did you read this .pdf What is behind supernodes that is the key ...you illiterate idiot  

[atcsecure]

I like Dark but come on, the whole thing is nothing but a slick marketing and product launch.

There is no marketing associated with Darkcoin. No sponsorships, giveaways, promo events, etc. There was a conscious decision to wait, get the job done and then market. How can you market a product which is beta and not final?

However, coinmarketcap caught up, whales caught up and the pressure escalated. Then global media caught up, then LTC and BTC holders started hedging with DRK and the whole thing blew enormously in terms of coin value and attention.

then spring this whole masternodes concept that encourages hoarding of the coins to keep the network alive which gets everyone in a buying spree, neverminding the fact the system is setup to further more enrich all those early miners who have the lion's share of the loot.

There must be negative incentives to prevent bad actors from mapping the network. No dis-incentive => someone launches 10.000 nodes and has 99.9% chance to map all transactions. If you make it "costly" to own the nodes you prevent the bad actor attack to a sufficient degree.

XC will "suffer" criticism on this regard for a while until it comes up with another or similar solution.

And then it'll be a POS Darkcoin clone.

If you write your own code, you are generally not considered a clone but the distinction can be elusive for non-coders. The key will be to maximize the technology and make it as anonymous as it can get.

Maybe not a direct clone, but supernodes sound familiar. Special nodes that do mixing, where have we seen that before?

DRK didn't "invent" supernodes or the concept, and while some of concepts are similar and/or overlap, we are on a different path than DRK and as we refine the platform, it will be clear why our design, implementation and infrastructure is superior as we will have autonomous supernodes using PKI that can scale up and out to become a distributed anonymous application platform

I think the potential for masternode application is being considered for DRK too (extra services through the masternodes etc) although the scope of services may vary. Altcoins are certainly evolving...

Will you also implement a mining reward schedule or fee-based-payment for x11coin supernodes?

it would be fee-based and it would go the node that processed the transaction

[atcsecure]

I forgot the other PDF that also reflects some key concepts in our design, take note of the dual-path communications, XC will use multi-path



http://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf



These are shown as reference material purposes only

[evtrmm]

I forgot the other PDF that also reflects some key concepts in our design, take note of the dual-path communications, XC will use multi-path



http://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf

And the crowd comes to a HUSH.  Hope you get to enjoy a bit of the weekend.

[silverkinguk]

Buy xc now will be even mooning on way up.
Wow great research papers,Dev got it solid.

[Ezravdb]

I forgot the other PDF that also reflects some key concepts in our design, take note of the dual-path communications, XC will use multi-path



http://arxiv.org/ftp/arxiv/papers/1208/1208.3022.pdf



These are shown as reference material purposes only

suppernodes

sounds tasty

[mctaino]

From the research I've done and people Im speaking this team is solid  and will be a force to be recon with

[Pajkho]

Which pool is the most stable?

[interupted]

is the wallet still on for today?

[atcsecure]

is the wallet still on for today?

yes tonight

[veebee]

atcsecure,


any idea on a time frame and what timezone lol


i want to make sure i am home

[hikky22]

So, was the coin count reduced?