FAQReal world applicationIn an age where you can never be sure who is listening or watching, XC offers a solution to this for money transfer and storage.
By using XC, you can protect your identity and send and recieve money anonomously. XC's core values are protecting its user's privacy and can use XC with confidence.
There is a wide demographic of people, world wide that have been looking for a solution to an out-dated money system.
XC's primary goals are to protect its user's privacy and anonymity. With its secure, lightning fast network, you cannsfer system, XC provides provides this solution.
With a transparent, honest development team who are commited to the continual development of new, revolutionary technology and deployment, XC is here to stay and grow.
Whats in development?XC is constantly improving on its own technology. The digital world is always changing. To survive, you must adapt and innovate.
Real world adoption is a driving force behind development. In regards to this, improved wallet interface and features will be added, mobile anonymous wallets, and payment cards. These cards will be similar to a debit or credit card, but have our technology supporting it.
In ordinance with continuing our pillar of transparency, the source code will be open sourced and released at a later date. We have a number of tech releases that pertain to the following: Block chain 2.0, 'Xnodes', a completely decentralized secure network to name a few.
Any product release is never truly finished, we are working hard to improve and expand everything that is released.
Proof of StakeHow does the PoS work for XC? What is the different between XC and PPC(Peercoin) PoS?It is very similar as the code is based on the PPC code.
8 Hour minimum stake age.
30 day max stake age.
The chance of getting a coin stake is proportional to the amount of coin age one owns.
What does the mint weight mean?PoS is similar to a lottery.
The higher the weight, the better the odds.
AnonymityWhat does 'Xnode' mean? Any details?Xnode is the software that runs the anonimizer
Xnode talks with client and provides transaction details
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
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 the multi-path paradigm technology that is being developed.
WalletsIs there a plan to make a more user friendly wallet?Yes, post rev2 release.
If I open my Wallet.dat in two different computers, and unlock to mint, will the POS efficient be double?No.
Will XC get an anonymous Android wallet?Yes.
Will XC get a web wallet that is mobile friendly? *This will tap into the Apple market*Yes.
What are the plans for mobile wallets?Mobile/PoS integration.
Why is the mint weight different on my two computers with opening the same wallet.dat (same balances in it)? (For example, my first computer shows that the weight is A, the second one shows that the weight is B, and A is not equal to B, why?)To be determined.
NetworkHow will the network function with anonymous technology implemented?There will be a separate button to leverage the technology.
Network will have 3 parts:
Existing block chain.
A new protocol (Already developed in existing client).
A new protocol provides a multi-path paradigm to provide additional protection on non-likeable transactions.
Technical DetailsWhat helps set this coin aside from all the others in crypto-currency?DEV's 20+ Years experience and commitment to project.
Proven anonymous technology already in place - as stated in the announcement thread on BitcoinTalk.
Growing Community.
Future Plans.Do you have a roll-out schedule laid out for the long term and short term?Currently we have a short term goal of 3-4 weeks for the next release.
Long term plan is being mapped.
Right now, the total XC coin supply"is 5511165.53930000and the PoW was ended after block 21000. Will all the rest of the XC coins be minted by PoS?Yes.
What does block chain v2.0 mean? Any details?To be announced at a later date.
What is the plan of payment cards? Will the payment cards look like the credit card? Any details?Yes - Debit/ATM/VISA - More details to follow.
Is your client fully open source? If not, are there any plans to go down this path?Yes, the code will be open sourced. Still working on details.
Are you going to be releasing more translations of pages into other languages? If so, which ones?Yes, we already have a Greek and Chinese translation, and more will be added soon. Watch for bounty announcements.
Any background about the developer of XC?Yes!
http://seclists.org/interesting-people/2002/Feb/107 (more to come)
What are the plans in an event an offer of any kind is made by an interested venture capital or investment firm group?To be announced at a later date.
