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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1481785 times)
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madmanbts
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July 10, 2014, 03:47:33 PM
 #15161



I just have a question: It there any talk about creating a decentralized market for xc, any plans for that whatsoever? I just think xc needs a way to make it spendable for eCommerce right away

this is the only thing cloak has planned that we dont, as far as i can tell.
I was hoping that a market is in the works...damn I like xc a lot but without a market we will be trailing cloak. I mean they also have some anon implementation that might work just as well as xc's implementation so then the only thing that would make a big difference is the market. Even if we get xc on the currency cards and ATMs there is nothing to spend it on except on the crowdfunding...Just my 2 pennies, what do you guys think?

XC plans on full POS integration, so you'll be able to spend it anywhere.

Also, by "market" I'm not sure whether you mean a place to exchange XC with other currencies or a place to buy various products with Cloak/XC, but the latter will be unnecessary if you can spend XC anywhere, and the former is a standard Blockchain 2.0 implementation that is on the cards for XC.

Secondly, stealth addresses are a pragmatic but weak form of anonymity.

I understand that introducing xc on the currency cards and ATMs will make it possible to spend it anywhere or exchange it for fiat but we can do this just as well with bitcoin. For xc there needs to be a different application, specific for anon coins, like an online market.

By market I refer to a completely decentralized online market that would use xc. For such a market to have success a true anon coin is necessary and xc is perfect for that. Otherwise there are little applications that would require the use of an anon coin. I mean using it to sponsor political parties is great but still...not enough. Also what point is there to keep the records of a online company private (using xc) if the actual business can not be conducted also in a private way (using a decentralized anon market based on xc). Do you get my point?

One thing is certain in my opinion: First anon coin that also gets a decentralized market will have a great advantage over the other anon coins simply for the fact that the currency velocity (the speed at which it circulates) will increase and will drive price higher, creating more stability, creating more demand and so on.
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ChooseUse
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July 10, 2014, 03:49:05 PM
 #15162

How much XC is 1 Xnode projected to generate?
Teka
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July 10, 2014, 03:50:55 PM
 #15163

If you're posts were just deleted then it's not your fault but MR Ricarodo's . He has a new account that started of with the first posts being attacks on cloak and then then attacking xc to advertise his URO.

Most people agreed that his posts should be deleted so they were.
flashbit
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July 10, 2014, 03:52:27 PM
 #15164

Best thing to do right now is accumulate, accumulate, accumulate as much XC as possible. We will be launching to the moon very soon and many are seeing the writing on the wall.. Hard to miss Wink
madmanbts
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July 10, 2014, 03:55:20 PM
 #15165

I know some people may not agree with this use case, but if darknet markets start accepting XC I would think we would get a huge boost. I mean with the Tor stick implentation it seems like a perfect fit. No need for mixers anymore for those that care about such things. Demand would skyrocket. Just my thoughts on the matter.
Thats what I was thinking, demand would skyrocket. But what if xc could have it's own decentralized market that would work on xc, that would be great.

It wouldnt look very good to the rest of the world if we had an inbuilt market selling drugs etc though would it.

I agree it wouldn't look very good for some people, but then what is the purpose to have an anon coin? You can use bitcoin or any other coin for regular stuff, especially bitcoin since it's very stable compared to all the other alts.
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July 10, 2014, 03:55:47 PM
 #15166

...- Let XC stake in cold storage and ignore the price.

Your coins won't stake if they are in cold storage.  They have to be in a live wallet.
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July 10, 2014, 03:56:11 PM
 #15167

Mr. fudster (not going to give him the repect of using his alias) makes me want to buy more and I am buying more. Remember the more fud the more bullish we get. They will start showing up in droves soon. Too funny.
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July 10, 2014, 03:58:07 PM
 #15168

Mr. fudster (not going to give him the repect of using his alias) makes me want to buy more and I am buying more. Remember the more fud the more bullish we get. They will start showing up in droves soon. Too funny.

Yeah but now the fud is terrible at least last time technical people were saying stuff that kind of made sense. This time, it's either old fud or just nonsense. I think that says something about how desprate they are.
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July 10, 2014, 03:58:21 PM
 #15169



Sorry guys for feeding the troll.  I think we have all seen his true intentions now.


For something more worthy of discussion, how about we celebrate the fact that after yesterday's announcements, we now have arguably the most competent team in crypto.

Read up on the team here: http://xc-official.com/the-xc-team/

Not just 1, not just 2, not just 3, but ELEVEN Competent and Motivated Official Team Members.


This is worthy of being excited about.


http://i.imgur.com/ye878gG.jpg?1?2689
ChooseUse
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July 10, 2014, 04:01:19 PM
 #15170

...- Let XC stake in cold storage and ignore the price.

Your coins won't stake if they are in cold storage.  They have to be in a live wallet.

Whatchu talkin' bout, Willis?

I only open up my wallet about once a week and mine seem to be staking fine.
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July 10, 2014, 04:02:42 PM
 #15171

Mr. fudster (not going to give him the repect of using his alias) makes me want to buy more and I am buying more. Remember the more fud the more bullish we get. They will start showing up in droves soon. Too funny.
Funny is your trying to spread FUD here. Instead of me, honest Mr Ricardo who are the warrior for the giveaways rights here. I am God of chart analysis, you can't cope with me. Just to make things clear, mare.

Last reply, You were advertising URO and I have left some posts to prove your behaviour.
laredo7mm
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July 10, 2014, 04:10:29 PM
 #15172

...- Let XC stake in cold storage and ignore the price.

Your coins won't stake if they are in cold storage.  They have to be in a live wallet.

Whatchu talkin' bout, Willis?

I only open up my wallet about once a week and mine seem to be staking fine.

Cold storage is a paper wallet or having your wallet.dat file stored offline (i.e., on a USB stick).

By opening your wallet once a week, you have a live (hot) wallet and they will stake.
DeepBlue
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July 10, 2014, 04:12:21 PM
 #15173

I believe in this coin! Everything about it, from code to ppl, seems advanced.

Thank you for striving for a more evolved system of commerce than slavery, somebody's gotta Smiley
Nuttynut1987
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July 10, 2014, 04:18:28 PM
 #15174

did you try to close and relunch the wallet each time the sync is blocked?

you can also delete all files (just keep wallet.dat and save it somewhere else to be safe (usb stick + hdd files crypted...) in c:users/appdata/roaming/x11coin  then you reinstall xcapp from xc download website (version 1.15):

http://www.xc-official.com/xc-downloads/

And try again to resync relunching each time it is blocked.


Don't worry if you haven't lost your wallet.dat file you are safe.

I did this, and now it did finish syncing.
At the right (transaction) I see my 5 transactions ever made; if you calculate this I should have +2000XC (and a wee bit).
BUT its finished syncing apparently, but i sill have 0 coins in my wallet Sad.
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July 10, 2014, 04:24:36 PM
 #15175



I just have a question: It there any talk about creating a decentralized market for xc, any plans for that whatsoever? I just think xc needs a way to make it spendable for eCommerce right away

this is the only thing cloak has planned that we dont, as far as i can tell.
I was hoping that a market is in the works...damn I like xc a lot but without a market we will be trailing cloak. I mean they also have some anon implementation that might work just as well as xc's implementation so then the only thing that would make a big difference is the market. Even if we get xc on the currency cards and ATMs there is nothing to spend it on except on the crowdfunding...Just my 2 pennies, what do you guys think?

XC plans on full POS integration, so you'll be able to spend it anywhere.

Also, by "market" I'm not sure whether you mean a place to exchange XC with other currencies or a place to buy various products with Cloak/XC, but the latter will be unnecessary if you can spend XC anywhere, and the former is a standard Blockchain 2.0 implementation that is on the cards for XC.

Secondly, stealth addresses are a pragmatic but weak form of anonymity.

I understand that introducing xc on the currency cards and ATMs will make it possible to spend it anywhere or exchange it for fiat but we can do this just as well with bitcoin. For xc there needs to be a different application, specific for anon coins, like an online market.

By market I refer to a completely decentralized online market that would use xc. For such a market to have success a true anon coin is necessary and xc is perfect for that. Otherwise there are little applications that would require the use of an anon coin. I mean using it to sponsor political parties is great but still...not enough. Also what point is there to keep the records of a online company private (using xc) if the actual business can not be conducted also in a private way (using a decentralized anon market based on xc). Do you get my point?

One thing is certain in my opinion: First anon coin that also gets a decentralized market will have a great advantage over the other anon coins simply for the fact that the currency velocity (the speed at which it circulates) will increase and will drive price higher, creating more stability, creating more demand and so on.



You have a good point there. Having a decentralised XC marketplace creates an environment where an anoncoin can flourish.

However there would be drawbacks:

- Getting real-world retailers onto the marketplace wouldn't be easy.

- Developing the marketplace would take time and a lot of capital.

- Focusing on a specific marketplace is at the expense of all the other marketplaces in the world. We want them all.

- There are ways to do real-world point-of-sale transactions where you ostensively pay in XC, the receiver gets fiat, and you don't disclose your identity. I've designed a system like this for Bitcoin actually. You'd directly pay another node that has an agreement with the retailer/POS provider. They'd exchange the funds for fiat and settle the amount with the retailer at end-of-day. Since normal retailers always trust mediators (banks, POS providers etc. etc.) this is no less trustworthy for them than normal. On the other hand the node doesn't need your personal details because it provably receives payment. So the retailer actually only transacts with the node; you're left safely out of the loop. The retailer trusts the node will pay at end-of-day and so is happy to let you walk out with the goods. The retailer/POS provider keeps track by matching your payment to the node's settlement via txID from the node when the node receives payment from you. Something like that... still have to figure it out for an anoncoin.



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July 10, 2014, 04:36:45 PM
 #15176



I just have a question: It there any talk about creating a decentralized market for xc, any plans for that whatsoever? I just think xc needs a way to make it spendable for eCommerce right away

this is the only thing cloak has planned that we dont, as far as i can tell.
I was hoping that a market is in the works...damn I like xc a lot but without a market we will be trailing cloak. I mean they also have some anon implementation that might work just as well as xc's implementation so then the only thing that would make a big difference is the market. Even if we get xc on the currency cards and ATMs there is nothing to spend it on except on the crowdfunding...Just my 2 pennies, what do you guys think?

XC plans on full POS integration, so you'll be able to spend it anywhere.

Also, by "market" I'm not sure whether you mean a place to exchange XC with other currencies or a place to buy various products with Cloak/XC, but the latter will be unnecessary if you can spend XC anywhere, and the former is a standard Blockchain 2.0 implementation that is on the cards for XC.

Secondly, stealth addresses are a pragmatic but weak form of anonymity.

I understand that introducing xc on the currency cards and ATMs will make it possible to spend it anywhere or exchange it for fiat but we can do this just as well with bitcoin. For xc there needs to be a different application, specific for anon coins, like an online market.

By market I refer to a completely decentralized online market that would use xc. For such a market to have success a true anon coin is necessary and xc is perfect for that. Otherwise there are little applications that would require the use of an anon coin. I mean using it to sponsor political parties is great but still...not enough. Also what point is there to keep the records of a online company private (using xc) if the actual business can not be conducted also in a private way (using a decentralized anon market based on xc). Do you get my point?

One thing is certain in my opinion: First anon coin that also gets a decentralized market will have a great advantage over the other anon coins simply for the fact that the currency velocity (the speed at which it circulates) will increase and will drive price higher, creating more stability, creating more demand and so on.



You have a good point there. Having a decentralised XC marketplace creates an environment where an anoncoin can flourish.

However there would be drawbacks:

- Getting real-world retailers onto the marketplace wouldn't be easy.

- Developing the marketplace would take time and a lot of capital.

- Focusing on a specific marketplace is at the expense of all the other marketplaces in the world. We want them all.

- There are ways to do real-world point-of-sale transactions where you ostensively pay in XC, the receiver gets fiat, and you don't disclose your identity. I've designed a system like this for Bitcoin actually. You'd directly pay another node that has an agreement with the retailer/POS provider. They'd exchange the funds for fiat and settle the amount with the retailer at end-of-day. Since normal retailers always trust mediators (banks, POS providers etc. etc.) this is no less trustworthy for them than normal. On the other hand the node doesn't need your personal details because it provably receives payment. So the retailer actually only transacts with the node; you're left safely out of the loop. The retailer trusts the node will pay at end-of-day and so is happy to let you walk out with the goods. The retailer/POS provider keeps track by matching your payment to the node's settlement via txID from the node when the node receives payment from you. Something like that... still have to figure it out for an anoncoin.




BTW I'm not even the dev. No doubt he's got ideas about this that operate on a more fundamental level. I'm just the PR guy here.

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July 10, 2014, 04:40:42 PM
 #15177

when is the EM news today? or is there EM news today? any idea ?
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July 10, 2014, 04:41:59 PM
 #15178

Mr. fudster (not going to give him the repect of using his alias) makes me want to buy more and I am buying more. Remember the more fud the more bullish we get. They will start showing up in droves soon. Too funny.
Quote from Mr. Ricardo (AKA FUDdy Duddy) removed.......

Mr Wolong.....is that you?
pookielax31
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July 10, 2014, 04:42:05 PM
 #15179

Is EM still coming this Friday?
bitcad4u
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July 10, 2014, 04:45:43 PM
 #15180

Is EM still coming this Friday?

Smiley this is what I need to know
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