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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1481728 times)
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bitcad4u
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July 12, 2014, 01:15:30 PM
 #15601

All i'm gonna say is if a completed version of REV2 in not released this weekend then expect everyone to start dumping.

well speak for yourself.. cause I wont be dumping.  Actually i will be buying your cheap coins. 
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July 12, 2014, 01:17:08 PM
 #15602



I haven't seen an announcement from Dan saying here is REV2 complete. There is no anon UI.

Again, there is no reason for you to be expecting an anon UI at this point. It was never promised to be delivered with rev2, in fact on the roadmap it clearly says that rev2.5 will include an updated wallet UI. If dan brings the anonymity features into the UI before rev2.5, then he is over-delivering.

Correct: the UI update comes with Rev 2.5 as per the roadmap. However we'd like to avoid people having to use command lines to send XC because it's unnecessarily complicated, and so a nice little "anon" button could come in handy...

We're aware that there was a general perception that 7 July would bring a "completed" Rev 2. Perhaps this was a reasonable enough assumption given that the roadmap didn't specify grades of completion, but just said "Rev 2". However these "rev" things are milestones upon a continuous development path, and the entire project is under development up to and beyond Rev 3. If you recall, when Rev 1.5 came out there were several updates after the initial one; you can expect the same thing around every milestone. Basically the idea of a milestone is simply to have implemented a certain type or layer of technology at that point. But this doesn't imply that there'll be no refinements after the milestone. In fact, after Rev 3 there'll be the big bounty to provably break XC's anonymity. So the process of development is a continuous one, and "revs" are just markers to designate the stage we're at.

On the other hand it's still in our interest to reach a milestone with a stable and user-friendly app rather than a confusing one. We'll always aim at this - if not more. However it's not considered a failure to deliver a new technology at a milestone that isn't entirely finished; in fact, "revs" are by nature unfinished.

So there's a distinction between a rev and an official public launch, at which point everything will need to be stable and ready for bulletproofing tests.

Anyway, expect updates on a regular basis, and - if Dan's past progress is anything to go by - the occasional surprise.





Let's just put this in perspective:

We delivered a world-first this week. Until now, no-one's been able to use a mediator to pass on information without having to trust the mediator. Henceforth XC has trustless mediators. It's pretty incredible.

When Satoshi invented Bitcoin, he succeeded in solving the Byzantine Generals' problem for the first time. However, Bitcoin doesn't provide anonymity of a sort suitable for several common use-cases. So several anoncoins introduced supernodes that mix and forward transactions in order to provide the necessary anonymity. But when you introduce transaction-forwarding for the sake of privacy, you introduce the Byzantine Generals' problem all over again in a new way.

So Dan comes along and solves the Byzantine Generals' problem, in 6 weeks, through multipath.

If any of you are feeling some sense of disappointment about this, I'm at a loss as to why.





Everyone should really read this twice then let it sink in. If you still have doubts about the XC team and their abilities then it might be best to just move on to another coin as no amount of additional explanation will change your lack of comprehension.
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July 12, 2014, 01:17:29 PM
 #15603

All i'm gonna say is if a completed version of REV2 in not released this weekend then expect everyone to start dumping.

Really? every single holder is w8ing like VULTURES to get their hands on frustrated 5 year olds' dumped coins. Please, PLZ do dump. Dump in the thousands if you can. I will go convert freaking FIAT to purchase your dump.

I can see XC easily going under 90k again. It can be wiser to dump now and rebuy sub 90k. People are losing patience, they've been holding for 1.5 months, some bought in for 300k sat.

dump then and go away.  we want long term investors not pump no dump whiners.  I hope you dump and then train leaves without you.
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July 12, 2014, 01:19:29 PM
 #15604



Let's not forget PoBC, NFL players, and Android wallets.



i bored to read this chat rumors who is those players, give me links to their twitters, where did you get this information? where they learned about xc? who did initially spread this gossip?

You are very fresh to XC!!!
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July 12, 2014, 01:26:38 PM
 #15605



I haven't seen an announcement from Dan saying here is REV2 complete. There is no anon UI.

Again, there is no reason for you to be expecting an anon UI at this point. It was never promised to be delivered with rev2, in fact on the roadmap it clearly says that rev2.5 will include an updated wallet UI. If dan brings the anonymity features into the UI before rev2.5, then he is over-delivering.

Correct: the UI update comes with Rev 2.5 as per the roadmap. However we'd like to avoid people having to use command lines to send XC because it's unnecessarily complicated, and so a nice little "anon" button could come in handy...

We're aware that there was a general perception that 7 July would bring a "completed" Rev 2. Perhaps this was a reasonable enough assumption given that the roadmap didn't specify grades of completion, but just said "Rev 2". However these "rev" things are milestones upon a continuous development path, and the entire project is under development up to and beyond Rev 3. If you recall, when Rev 1.5 came out there were several updates after the initial one; you can expect the same thing around every milestone. Basically the idea of a milestone is simply to have implemented a certain type or layer of technology at that point. But this doesn't imply that there'll be no refinements after the milestone. In fact, after Rev 3 there'll be the big bounty to provably break XC's anonymity. So the process of development is a continuous one, and "revs" are just markers to designate the stage we're at.

On the other hand it's still in our interest to reach a milestone with a stable and user-friendly app rather than a confusing one. We'll always aim at this - if not more. However it's not considered a failure to deliver a new technology at a milestone that isn't entirely finished; in fact, "revs" are by nature unfinished.

So there's a distinction between a rev and an official public launch, at which point everything will need to be stable and ready for bulletproofing tests.

Anyway, expect updates on a regular basis, and - if Dan's past progress is anything to go by - the occasional surprise.





Let's just put this in perspective:

We delivered a world-first this week. Until now, no-one's been able to use a mediator to pass on information without having to trust the mediator. Henceforth XC has trustless mediators. It's pretty incredible.

When Satoshi invented Bitcoin, he succeeded in solving the Byzantine Generals' problem for the first time. However, Bitcoin doesn't provide anonymity of a sort suitable for several common use-cases. So several anoncoins introduced supernodes that mix and forward transactions in order to provide the necessary anonymity. But when you introduce transaction-forwarding for the sake of privacy, you introduce the Byzantine Generals' problem all over again in a new way.

So Dan comes along and solves the Byzantine Generals' problem, in 6 weeks, through multipath.

If any of you are feeling some sense of disappointment about this, I'm at a loss as to why.





its  not understanding how big of a revolution this really is and fear of beeing outperformend by yet another short term pump somewhere cause they only see the short term. don't get discouraged

I've been looking at altcoins and trading them for a year now, i've since than been waiting for a coin to really bring something new improving upon bitcoin taking it to the next level, some had new algos , distribution models , more transaction speed, and so on. All important.
I expect  the perfect crypto to be to digital transactions, what gold/silver is to paper. The one thing bitcoin was missing was Privacy for your holdings and transactions. some did this before XC but where no option to me because of their centralized approach which stands against the whole point of crypto.

So with the latest beta release THIS IS IT!! And it came about in Lightspeed so far. And its no coincidence that this coin has such a high profile team already. Its a result of this fundamental evolutionary step in development . the talent is naturally attracted to the good projects.


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July 12, 2014, 01:46:54 PM
 #15606



Let's not forget PoBC, NFL players, and Android wallets.



i bored to read this chat rumors who is those players, give me links to their twitters, where did you get this information? where they learned about xc? who did initially spread this gossip?

You are very fresh to XC!!!

when you said "You are very fresh to XC!!!" you tried to say: "hajlhafjdahgfh", right? ok, thanks, logical point, i remind: i asked for info leading to those "huge nfl players" where is prove?



Let's not forget PoBC, NFL players, and Android wallets.



i bored to read this chat rumors who is those players, give me links to their twitters, where did you get this information? where they learned about xc? who did initially spread this gossip?

I did, and I'm from XC.

 Grin

  โ  NIMBUSCOIN DEVELOPER   
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July 12, 2014, 02:22:40 PM
 #15607

never thought we are coming through so far, and in this thread, still there are kids whining for some ridiculous non-existing issues.

either they have some understanding problem and or they just show their malicious intention. i don't know.

those kids never bother following some daily progress?

and they wasted great resources and time from some team members. and wasted a lot of space.

please every body, if you reply them, do not quote their stupid "opinion". those discussions are pure waste of space.
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July 12, 2014, 02:23:00 PM
 #15608

All i'm gonna say is if a completed version of REV2 in not released this weekend then expect everyone to start dumping.

Really? every single holder is w8ing like VULTURES to get their hands on frustrated 5 year olds' dumped coins. Please, PLZ do dump. Dump in the thousands if you can. I will go convert freaking FIAT to purchase your dump.

I can see XC easily going under 90k again. It can be wiser to dump now and rebuy sub 90k. People are losing patience, they've been holding for 1.5 months, some bought in for 300k sat.

Losing patience for what though? XC has delivered trustless decentralised mixing. I mean, what more could you possibly want?

I'm also unaware of anything that could've led people to believe that some sort of Rev 2 milestone was happening this weekend. Where are you getting your expectations from?


To my mind the price will just continue to raise its floor gradually until Rev 2.5. All's well in XC land, and is just getting better.

The development is going from strength to strength at astonishing speed. Countless encouraging announcements and things to look forward to in the future (exceeding my expectations greatly). And you of course, do a great job eloquently explaining XC to the masses.

However, the one thing I would like to see more focus on is advertising. If you have something great, advertising works. IMO we shouldn't just hope to "go viral". I believe Practico donated towards a press release and there have been other donations collected. Do we have a strategy in place for marketing and what time line will that be adhering to? If not, I think it's as important as the technical developments that we work on a robust marketing strategy.

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July 12, 2014, 02:26:41 PM
 #15609

54540 XC would buy up the entire order book on mintpal right now and knock the price down to .00070000.

Any of the top 20 XC addresses has the ability to manipulate the XC price, especially when the trading volume is low:

http://chainz.cryptoid.info/xc/#!rich
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July 12, 2014, 02:33:21 PM
 #15610

54540 XC would buy up the entire order book on mintpal right now and knock the price down to .00070000.

Any of the top 20 XC addresses has the ability to manipulate the XC price, especially when the trading volume is low:

http://chainz.cryptoid.info/xc/#!rich

unfortunately enough, none of current big holders is stupid enough to dump 70 or 60 or even 50% of his XC to the other big holders, cause that is exactly what will happen. Price might drop a lot after that yeah, but it doesn't matter when you know where we are landing the following months.
hint: cheese

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
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July 12, 2014, 02:45:05 PM
 #15611

54540 XC would buy up the entire order book on mintpal right now and knock the price down to .00070000.

Any of the top 20 XC addresses has the ability to manipulate the XC price, especially when the trading volume is low:

http://chainz.cryptoid.info/xc/#!rich

unfortunately enough, none of current big holders is stupid enough to dump 70 or 60 or even 50% of his XC to the other big holders, cause that is exactly what will happen. Price might drop a lot after that yeah, but it doesn't matter when you know where we are landing the following months.
hint: cheese

Agreed.  I'm ignoring short term price and buying as much as possible.
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July 12, 2014, 02:45:49 PM
Last edit: July 12, 2014, 02:58:08 PM by flashbit
 #15612

Buy into my sell wall please - c'mon cyberhack - cough cough please buy it! Ok maybe I'll raise it.. Sale price will be over soon.
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July 12, 2014, 03:00:50 PM
 #15613

Buy into my sell wall please - c'mon cyberhack - cough cough please buy it! Ok maybe I'll raise it.. Sale price will be over soon.

Oh shit, I didn't even notice that giant wall. If that's yours...nice one. It allowed me to arbitrage another few dozen XC today.  Grin

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G O V E R N A N C E  2.0


  Android app available now
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July 12, 2014, 03:01:39 PM
 #15614

Buy into my sell wall please - c'mon cyberhack - cough cough please buy it! Ok maybe I'll raise it.. Sale price will be over soon.

Oh shit, I didn't even notice that giant wall. If that's yours...nice one. It allowed me to arbitrage another few dozen XC today.  Grin

Glad i could help
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July 12, 2014, 03:04:46 PM
 #15615

Sale price over sorry guys.
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July 12, 2014, 03:15:49 PM
 #15616

Buy into my sell wall please - c'mon cyberhack - cough cough please buy it! Ok maybe I'll raise it.. Sale price will be over soon.

do you want to see my holdings? kid


Edit: sorry to quote this nonsense. this is shame to this great community.

this is the last time.

i will only speak to guys mature and knowledgable. 
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July 12, 2014, 03:16:58 PM
 #15617

omg top holders fighting, DAN SAVE US RELEASE REV4

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
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July 12, 2014, 03:18:06 PM
 #15618

Buy into my sell wall please - c'mon cyberhack - cough cough please buy it! Ok maybe I'll raise it.. Sale price will be over soon.

do you want to see my holdings? kid



Whip it out, let's see who has the biggest?

























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July 12, 2014, 03:21:08 PM
 #15619

Buy into my sell wall please - c'mon cyberhack - cough cough please buy it! Ok maybe I'll raise it.. Sale price will be over soon.

do you want to see my holdings? kid



Whip it out, let's see who has the biggest?

i am not the biggest one. unfortunately i do feed whales a lot.  but even after that i am still among top 15 i bet.

it is meaningless to show off here, but i am sick of ppl shouting his pitiful loss or gain.   
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July 12, 2014, 03:21:50 PM
 #15620

So... shall we change the subject to something a little more realistic?


A wrap-up of the week's progress:


- invented trustless decentralised mixing


- added our first two XC Foundation members, who'll be deploying two-way XC/Bitcoin ATMs, an XC crowdfunding platform, and of course attracting investors.


- added Rob Kremers (Microsoft, Adidas) on the marketing front



This weekend: test-release of secure private messaging. Cheers WhatsApp!



To the moon? To the stars.

Co-Founder, the Blocknet
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