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

[elviselvis101]

Children DRK cry with envy?    I ♥  XC !!

I believe DRK is one coin we should respect and not mock. If not for DRK we would not be where we are today. XC could still be the Facebook to DRK's Myspace lol

Could we make that facebook - google+  ? 

[dadon]

I have to say, I was skeptical about this at first, mainly because everything seemed to be very rushed. I asked quite a few questions of the dev and he seems legit. He has delivered an anon wallet and seems to know his stuff re created decentralised nodes. I bought in today, for a higher price than I could have two days ago but it's important to do research about these things.

One suggestion - don't start a war with other anonymous solutions in this thread. It doesn't need to be so emotional. I don't understand why anyone would only back one horse in this race.

+ 1 i have QCN MRO DISTRO and a lot of others all good all different all worth $$$

[dadon]

Intreresting read:

http://www.cityam.com/blog/1401188238/darkcoin-crashes-23pc-after-blockchain-forks

...

Cryptocurrency Times reports that Darkcoin had to alter its code in order to use the masternodes, with a controlled fork being used for this purpose. After a few hours of smooth sailing, the Darkcoin blockchain split up into several forks.

The problem was attributed to a handful of "bad" masternodes. The world's largest cryptocurrency Bitcoin experienced similar problem in March 2013, when the blockchain split into two, with one half adding blocks to one version of the chain, and the other half adding blocks to a different version.

Reports of Darkcoin going missing from mining pools over the past 24 hours are widespread, thanks to pools having been mining the wrong fork, according to Cryptocurrency Times.

The Darkcoin team are temporarily removing masternode payments from the network to restore stability. Cryptocurrency exchanges Mintpal and Cryptsy have halted Darkcoin deposits and withdrawals until the fork is resolved.

...

that explains a lot, know all we have to do is NOT do that and we have a winner

[evtrmm]

Children DRK cry with envy?    I ♥  XC !!

I believe DRK is one coin we should respect and not mock. If not for DRK we would not be where we are today. XC could still be the Facebook to DRK's Myspace lol

Could we make that facebook - google+  ? 

Will G+ ever overtake FB for the masses?

[maxsinner]

I have to say, I was skeptical about this at first, mainly because everything seemed to be very rushed. I asked quite a few questions of the dev and he seems legit. He has delivered an anon wallet and seems to know his stuff re created decentralised nodes. I bought in today, for a higher price than I could have two days ago but it's important to do research about these things.

One suggestion - don't start a war with other anonymous solutions in this thread. It doesn't need to be so emotional. I don't understand why anyone would only back one horse in this race.

It's all to spice up the conversation and keep us motivated, bro. We respect all coins where the devs put in the hard work.

[evtrmm]

Intreresting read:

http://www.cityam.com/blog/1401188238/darkcoin-crashes-23pc-after-blockchain-forks

...

Cryptocurrency Times reports that Darkcoin had to alter its code in order to use the masternodes, with a controlled fork being used for this purpose. After a few hours of smooth sailing, the Darkcoin blockchain split up into several forks.

The problem was attributed to a handful of "bad" masternodes. The world's largest cryptocurrency Bitcoin experienced similar problem in March 2013, when the blockchain split into two, with one half adding blocks to one version of the chain, and the other half adding blocks to a different version.

Reports of Darkcoin going missing from mining pools over the past 24 hours are widespread, thanks to pools having been mining the wrong fork, according to Cryptocurrency Times.

The Darkcoin team are temporarily removing masternode payments from the network to restore stability. Cryptocurrency exchanges Mintpal and Cryptsy have halted Darkcoin deposits and withdrawals until the fork is resolved.

...

that explains a lot, know all we have to do is NOT do that and we have a winner

I am surprised that we didn't fork harder considering the amount of hash and the constant wallet revisions.

[provenceday]

Quick Start on how XC Anon feature works

Just to organize some info for everyone:



Visio on how the anonymous transfers work:  

Don't forget these!

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

[deepcoreotc]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that. 

[elviselvis101]

Children DRK cry with envy?    I ♥  XC !!

I believe DRK is one coin we should respect and not mock. If not for DRK we would not be where we are today. XC could still be the Facebook to DRK's Myspace lol

Could we make that facebook - google+  ? 

Will G+ ever overtake FB for the masses?

I believe there is a good chance, some years form now.

[520Bit]

Quick Start on how XC Anon feature works

Just to organize some info for everyone:



Visio on how the anonymous transfers work:  

Don't forget these!

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

Reverse this, I like the diagram, very clear.

[maxsinner]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that. 

I am at work atm and don't have the wallet here, but are people really still mining this with 130G after PoW is already over?

[coine_smithe]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that. 

I am at work atm and don't have the wallet here, but are people really still mining this with 130G after PoW is already over?

Maybe he means the multipool?

[provenceday]

Quick Start on how XC Anon feature works

Just to organize some info for everyone:



Visio on how the anonymous transfers work:  

Don't forget these!

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

Reverse this, I like the diagram, very clear.

wait for the next update from dev, hope more Details on Blockchin2.0 will be revealed.

then we will take off again, still early stage for XC coin.

[deepcoreotc]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that. 

I am at work atm and don't have the wallet here, but are people really still mining this with 130G after PoW is already over?

Maybe he means the multipool?

Yeah, must be multipool hash

[maxsinner]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that. 

I am at work atm and don't have the wallet here, but are people really still mining this with 130G after PoW is already over?

Maybe he means the multipool?

Yeah, must be multipool hash

Can somebody go to the console and write getinfo and tell what is the network hash that comes up?

[provenceday]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that. 

I am at work atm and don't have the wallet here, but are people really still mining this with 130G after PoW is already over?

Maybe he means the multipool?

Yeah, must be multipool hash

Can somebody go to the console and write getinfo and tell what is the network hash that comes up?

Professional XC Multipool Launched,
For X11 and Scrypt | Mine XC after POW ends

Edit：we are a team from china, so i am not a native English speaker, so if i make some mistake on this thread, hope you can understand this.


1   who we are?
We are a team from china, and we runned the two biggest chinese multipool more than 1 year.
X11 Multipool:  http://x11.ltc1btc.com/  which has more than 80G X11 hash rate.
Scrypt Multipool：http://www.ltc1btc.com/ which has more than 25G Scrypt hash rate.

Pool payout 4000~5000 LTC everyday
http://block-explorer.com/search?search=LKcfFfGko4VPz9okSWKSxHDqPETKz6bw5a
So we are Professional on Multipool running.


2 how to mine at your pool?
Just as you mined on normal pool.
http://x11.ltc1btc.com/ For X11
http://www.ltc1btc.com/ For Scrypt
Just register the website, then start mine.
If you can not read the page, pls see the image tutorials in the last, or use translate.google.com , i will update the English version soon.

For X11:  x11bj.ltc1btc.com:8888   (Beijing Located server)
        or  x11gz.ltc1btc.com:8888  (Guangzhou Located server)
You can also use port:3333 or 7777
For Scrypt： bj.ltc1btc.com:8888
                 gz.ltc1btc.com:8888  
We will add American and European located Server soon


3 how to get my XC coin if i mined at your Multipool?
Now we still do not have the XC payment, will add this in 6 hours,
when you register our website, you can just leave your BTC Address now, and afte we add the XC payment, change your BTC address into XC address.


4 when will you pay me my mined XC?

We will pay your XC coin everday at GMT 0-4am We will pay you once per 24 hours.


5 Future development

We will have a independent website for Multipool in this week, but now the time is limited, you can mine at each of the two multipools. And we will add American and European Server in 2-3 days.

Everything is simple, just get some XC now

how to start mine, a simple English mining instruction:

[insanedumps]

So , i have heard PoS is impossible on android actually .

If this coin bring android wallet with working PoS its a revolution .

I need explanation on this topic .

[520Bit]

WOW , are we really pulling 130.68 GH/s network hash rate in POS stage, if so, how freaking awesome is that.  

I am at work atm and don't have the wallet here, but are people really still mining this with 130G after PoW is already over?

Maybe he means the multipool?

Yeah, must be multipool hash

Can somebody go to the console and write getinfo and tell what is the network hash that comes up?

Here you go, but which one is the network hash?

Code:

{
"version" : "v0.9.1.4x11-coin-1.0",
"protocolversion" : 71002,
"walletversion" : 60000,
"balance" :xxxxxxx,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 21280,
"moneysupply" : 5511164.41154500,
"connections" : 12,
"proxy" : "",
"ip" : "",
"difficulty" : 5205.79639598,
"testnet" : false,
"keypoololdest" : 1401086871,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"unlocked_until" : 0,
"errors" : ""
}

[flipboxx]

Glad that some bigger stashs are getting dumped. Only makes the way up easier.

[provenceday]

more technical details on XC coin,just organize the dev's post:


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

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

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


Compiling the last build of the night... I will be uploading shortly.  The good news is that the features outlined in the visio are fully implemented and 100% functional as designed.  The bad news is I'm exhausted and was not able to update the QT side so you will need to use the console via the debug option on this windows release.

the command is

sendfrommixer <account> <X11address> <# of XC>


so example


sendfrommixer "" <X11Address> 1



if you have multiple accounts with labels, put the label inside ""

Limit your transactions to 1 XC or less for this current phase

This is beta software, please exercise caution

stupid question.....what is <account> ?


so when you create a new address in your wallet, you can give a label, by default the first account has no label so you would use ""

but if you make a separate account just for this, you can enter a label during creation and then use "my_label"   (quotes needed) with the command

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........


I wanted to provide some more answers about the decentralized anonymous solution and how it will work


- 100XC to 1000XC's Required (#'s still being vetted)

- Any client having the required XC's can enable xnode option (windows, mac & linux wallets)

- xnodes will charge a fee which will be deducted from the transaction and kept in the local wallet << incentive based >>

- no masternode or supernode required to communicate xnodes to clients

- fully decentralized


Hope that answers all the questions, the majority of the code is already in the wallet and I expect a release supporting these features as outlined above to be available for testing in 3 weeks or less