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

[fedmahnkassad]

May not answer all your questions, but from what I have gathered, the current implementation is mixer based off a masternode. Revision 2 will utilize decentralized nodes in the sense that any wallet can act as an xnode and will utilize a separate protocal which can be run over TOR. Would be cool if android wallets supported xnode functionality, though just being able to stake will be nice.

Thanks.. so from this q&A it seems the current implementation is basically a centralized mixer server/node implementation.  Which means sense to me..  and how i can see this being closed source.  

Basically somewhat like what you can already do with any coin by sending coins to exchanges, and then sending it from exchanges -> another address.

I think decentralization may be quite the challenge to implement... I'll look back if this actually achieves implementation and code posted for it.. that would be interesting to see.

Code:

Anonymity

1. Q) What does 'Xnode' mean? Any details?*

        - Xnode is the s/w that runs the anonimizer.

         - Xnode talks with client and provides TX details.

2. Q) What is next? Do you have a set schedule?

          - Next is to continue development on the decentralized anonymous solution. Current schedule is 3-4 weeks.

3. Q) Why v0.9.1.4x11-coin-1.0 is an anonymous wallet even if the 'Anonymous Transactions' are under development?

           - You can use the feature now but is not multi-path paradigm technology that is what is being developed.

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

[Teka]

Here are the key points I have collated from the developer over numerous posts so far:

The mixer technology will be multi-path across a cluster of xnodes which runs over the encrypted protocol, so it won't be a central server, it would be similar to a distributed cluster, and the data is encapsulated inside that encrypted tunnel to prevent off-the wire sniffing (or off-the-air* for the mobile platform)...  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

(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 )

If your waiting for NSA proof anonymity - well that is the goal of our REV 2 release..

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.....

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

[micryon]

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

Thanks for your suggestion.

But you are incorrect to assume that i'm trying to discredit anyone.  I have nothing to gain from doing so.

I'm just asking questions out of technical interest.

[fedmahnkassad]

Please read 243 pages

Doing a random sampling of those 243 pages reveals that it's mostly posts on P&D... not much useful technical information.  If I'm missing it please link to the posts.

Otherwise it would be very helpful to have some credible whitepaper published, especially if you are going closed source route... just my opinion.

Ah, mate. It must suck recently being the lead developer of AsiaCoin.

It doesn't suck or not suck.. I'm just asking questions to help the community here.. just like i helped the AC community.  take it or leave it.. shrug..

You mean, you helped AC bagholders to dump on other people who believed in your false promises and empty words? This community does not need such help.

[Teka]

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

Thanks for your suggestion.

But you are incorrect to assume that i'm trying to discredit anyone.  I have nothing to gain from doing so.

I'm just asking questions out of technical interest.

Please keep it peaceful, take this out between in you in pm.

[fedmahnkassad]

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

Thanks for your suggestion.

But you are incorrect to assume that i'm trying to discredit anyone.  I have nothing to gain from doing so.

I'm just asking questions out of technical interest.

You can PM the developer I am sure he will reply to you.

[fedmahnkassad]

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

Thanks for your suggestion.

But you are incorrect to assume that i'm trying to discredit anyone.  I have nothing to gain from doing so.

I'm just asking questions out of technical interest.

Please keep it peaceful, take this out between in you in pm.

Nevermind, I am out.

[SpringfieldM1A]

I want to buy a steam key for watchdogs! I will only pay in XC .

Watchdogs is a cool game

[Teka]

I want to buy a steam key for watchdogs! I will only pay in XC .

Watchdogs is a cool game

Yes, I would love to buy it for XC

[micryon]

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

This is the part that is confusing me personally wrt to what i looked at on github..

I assume that a transaction protocol layer would have to coded into the core coin code..

That is.. if i built XC src from github directly.. I wouldn't be able to take part in this transaction protocol layer, because there is no code for such a layer in the code on github.

So is the only transaction protocol layer available in the windows binary.. and if so how could that work across all the people that built from src.. (which doesn't have the code).

[ReRunRod]

I want to buy a steam key for watchdogs! I will only pay in XC .

Watchdogs is a cool game

Yes, I would love to buy it for XC

Bought it on day one! XBOX ONE.

[BEECoinfan]

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

This is the part that is confusing me personally wrt to what i looked at on github..

I assume that a transaction protocol layer would have to coded into the core coin code..

That is.. if i built XC src from github directly.. I wouldn't be able to take part in this transaction protocol layer, because there is no code for such a layer in the code on github.

So is the only transaction protocol layer available in the windows binary.. and if so how could that work across all the people that built from src.. (which doesn't have the code).

Did you read my post on the last page? (Including the links)

Should help answer a lot of your questions!

[Teka]

I want to buy a steam key for watchdogs! I will only pay in XC .

Watchdogs is a cool game

Yes, I would love to buy it for XC

Bought it on day one! XBOX ONE.

Pc Master RACE!   Jokes

[illodin]

May not answer all your questions, but from what I have gathered, the current implementation is mixer based off a masternode. Revision 2 will utilize decentralized nodes in the sense that any wallet can act as an xnode and will utilize a separate protocal which can be run over TOR. Would be cool if android wallets supported xnode functionality, though just being able to stake will be nice.

Thanks.. so from this q&A it seems the current implementation is basically a centralized mixer server/node implementation.  Which means sense to me..  and how i can see this being closed source.  

Basically somewhat like what you can already do with any coin by sending coins to exchanges, and then sending it from exchanges -> another address.

I think decentralization may be quite the challenge to implement... I'll look back if this actually achieves implementation and code posted for it.. that would be interesting to see.

Code:

Anonymity

1. Q) What does 'Xnode' mean? Any details?*

        - Xnode is the s/w that runs the anonimizer.

         - Xnode talks with client and provides TX details.

2. Q) What is next? Do you have a set schedule?

          - Next is to continue development on the decentralized anonymous solution. Current schedule is 3-4 weeks.

3. Q) Why v0.9.1.4x11-coin-1.0 is an anonymous wallet even if the 'Anonymous Transactions' are under development?

           - You can use the feature now but is not multi-path paradigm technology that is what is being developed.

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

I don't see it as discredit. It's a centralized mixer at this point. It's good to have a plan, but as we all know all kinds of issues can come up when actually developing and going live with it. And when it's done, someone qualified should surely review the code and architecture.

Calling it discredit makes you seem too emotionally vested in the market price.

[ReRunRod]

I want to buy a steam key for watchdogs! I will only pay in XC .

Watchdogs is a cool game

Yes, I would love to buy it for XC

Bought it on day one! XBOX ONE.

Pc Master RACE!   Jokes

I always sucked at PC GAMES! HAHAHAH

[illodin]

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

This is the part that is confusing me personally wrt to what i looked at on github..

I assume that a transaction protocol layer would have to coded into the core coin code..

That is.. if i built XC src from github directly.. I wouldn't be able to take part in this transaction protocol layer, because there is no code for such a layer in the code on github.

So is the only transaction protocol layer available in the windows binary.. and if so how could that work across all the people that built from src.. (which doesn't have the code).

Don't worry about it, it just sounds so cool and will make the price go to m000n. I also suggested they rename the Blockchain2.0 to Blockchain3.0 because 3 is always better and one step ahead of 2.

[Teka]

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

Thanks for your suggestion.

But you are incorrect to assume that i'm trying to discredit anyone.  I have nothing to gain from doing so.

I'm just asking questions out of technical interest.

In a roundabout way he seems to be making a valid point, that I can see.

We have spent some time looking for good anonymity projects to invest in. We have several investments.

The name of this project gives the suggestion that you have copied Darkcoin with the main intention of profiting from the rise in value of darkcoin. That gives no immediate confidence to the technical anonymity side.

you would need to demonstrate that anyone who uses xc to keep their spending secure would be able to trust it with their lives and liberty. so far I am not that convinced.

As we've said before, nothing has been copied from darkcoin. Apple didn't come out with the idea of the tablet? However they made it better and changed the industry.

Work is being done behind the scenes to make it more decentralized and anonymous.

[ReRunRod]

I suggest you spend your precious time developing features for AsiaCoin instead of sneaking on other coins' threads attempting to discredit them.

Thanks for your suggestion.

But you are incorrect to assume that i'm trying to discredit anyone.  I have nothing to gain from doing so.

I'm just asking questions out of technical interest.

In a roundabout way he seems to be making a valid point, that I can see.

We have spent some time looking for good anonymity projects to invest in. We have several investments.

The name of this project gives the suggestion that you have copied Darkcoin with the main intention of profiting from the rise in value of darkcoin. That gives no immediate confidence to the technical anonymity side.

you would need to demonstrate that anyone who uses xc to keep their spending secure would be able to trust it with their lives and liberty. so far I am not that convinced.

As we've said before, nothing has been copied from darkcoin. Apple didn't come out with the idea of the tablet? However they made it better and changed the industry.

Work is being done behind the scenes to make it more decentralized and anonymous.

Linux started it all
The PENGUIN!

[fedmahnkassad]

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

This is the part that is confusing me personally wrt to what i looked at on github..

I assume that a transaction protocol layer would have to coded into the core coin code..

That is.. if i built XC src from github directly.. I wouldn't be able to take part in this transaction protocol layer, because there is no code for such a layer in the code on github.

So is the only transaction protocol layer available in the windows binary.. and if so how could that work across all the people that built from src.. (which doesn't have the code).

Don't worry about it, it just sounds so cool and will make the price go to m000n. I also suggested they rename the Blockchain2.0 to Blockchain3.0 because 3 is always better and one step ahead of 2.

I would think that the people throwing thousands of BTC in this have done their own research and reached the conclusion that the dev and the project are legit.

[jaayruu]

Is there a X11coin price ticker for the android?

I highly suggest it! that is an awesome app