[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[maxsinner]

I think the rate should be raised to around 5%-7% so that more people take their coins off exchanges and stake them. This will lead to:

1. Reduced sell pressure.
2. Faster and more secure network.

Could possibly lead to:

1. People having more incentive to buy the coin.

[creamynebula]

Thank you and the other two who replied

Is staking working fine? I'm using v0.9.1.5x11-coin-1.0 (05-28-2014rc1), wallet unlocked and saying I am minting, always with expect time to reward between a few hours or some minutes, yet I never received any stake in these nearly 2 days

Here is the latest wallet, please see the first page:

http://xc-official.com/release/xc-release.rar

[Grifftech]

https://i.imgur.com/7uNNAAH.png

Definitely like the design of the XC, maybe the colors are too aquatic. I like the idea of more metallic, industrial related colors. Gives it a sense of strength and stability. But still a great design

[520Bit]

Is staking working fine? I'm using v0.9.1.5x11-coin-1.0 (05-28-2014rc1), wallet unlocked and saying I am minting, always with expect time to reward between a few hours or some minutes, yet I never received any stake in these nearly 2 days

Same here I have been staking 8 hours a day for the past week and still no coins, staking with almost 15k coins (over half my coins).

Someone said it can take some people up to two weeks to start staking, I am going to just leave it staking 24 hourse day and if nothing happens in three days I will just put the coins in Cryptsy. I can make more shorting the market than from staking at the moment.

It's working for sure:

With your amount of coins, no surprise People need to understand that having a few coins at 3.3% yearly reward, will not be bringing in XC rewards fast.

Wondering how long did you hold your XCs? More than 8 days?

[myelbow4]

Ascent back to .005 has begun.

[JakeThePanda]

I think the rate should be raised to around 5%-7% so that more people take their coins off exchanges and stake them. This will lead to:

1. Reduced sell pressure.
2. Faster and more secure network.

Could possibly lead to:

1. People having more incentive to buy the coin.

There is no extra incentive to buy a coin because PoS is higher.  If this was true, then the price of coins with 10%+ PoS would be skyrocketing. And that's not happening. Also, higher PoS increases sell pressure because supply increases.

[fearcoka]

Can I make a request? FUD-trolls at Poloniex keep claiming that user "loljosh" is the XC-dev. Can we get a solid response on that from the XC dev that we can quote/cite to squash them as needed?

yes, here:

No more FUD Please guys
XC dev,


XC approachInside XC Coin
When we researched XC further we came to see that the technology used allows for anonymous POS wallet and its minting technology was something well worth mentioning.

Crowds vs Dual Path

Crowds


Imagine if you will that you had a message and you wanted to send it to a friend. Delivering this message is the highest priority of your life and no other person can find out where this message came from.
The standard method used by most coins would require that there are web servers (see above image), “judges” if you will that will be the point of contact between you and your friend. They may pass the message among themselves and or with other individuals until they finally transmit the message to its destination, which will be your friend.
Dual Path

The alternative approach to the crowds method is the dual path method. X11 coin has implemented this within its wallet POS feature. This method benefits from the lack of need for a node as each individual is treated independently (see above image). It is fully decentralized and anonymous.
If we were to render the same situation of needing to send a message to a friend using this method instead we would get a completely different scenario.
In this case the request is bounced around independent individuals at random intervals until it has reached you. You would then send your message using the same method although in this case it will follow a completely different path. This means that there is no way of actually telling who the requester or the sender was. There are no nodes or “judges” and each individual will only need to decide the next movement. A complete free form of requesting and sending data.

XC – The future of e-currency anonymity coin

After looking at this coin we can see that there are a great deal of benefits that surround this coin. Its approach to a complete anonymous POS wallet that not only is private but at the same time: its much faster at dealing with network changes, node drops and overall handling of data compared to the crowds approach mentioned above. XC has proven to be something special, and is to shine above other fading other normal x11 coins.

 

Bumping this.

[CryptoBull]

hi there guys can you help me my wallet isnt sync from 2 days
is there an update sorry for the question but im working day and night shifts and i can't keep in track sometimes  

[insanedumps]

DRK hammered 0.022 to 0.016

manipulation everywhere

[mr_random]

DRK approach vs XC approach

DRK


Imagine if you will that you had a message and you wanted to send it to a friend. Delivering this message is the highest priority of your life and no other person can find out where this message came from.
The standard method used by most coins would require that there are web servers (see above image), “judges” if you will that will be the point of contact between you and your friend. They may pass the message among themselves and or with other individuals until they finally transmit the message to its destination, which will be your friend.


XC approach



The alternative approach to the crowds method is the dual path method. XC has implemented this within its wallet POS feature. This method benefits from the lack of need for a node as each individual is treated independently (see above image). It is fully decentralized and anonymous.

If we were to render the same situation of needing to send a message to a friend using this method instead we would get a completely different scenario.
In this case the request is bounced around independent individuals at random intervals until it has reached you. You would then send your message using the same method although in this case it will follow a completely different path. This means that there is no way of actually telling who the requester or the sender was. There are no nodes or “judges” and each individual will only need to decide the next movement. A complete free form of requesting and sending data.

Its approach to a complete anonymous POS wallet that not only is private but at the same time: its much faster at dealing with network changes, node drops and overall handling of data compared to the crowds approach mentioned above.

XC is also encrypted. And the dev is also working on blockchain v 2.0 later on with encrypted messaging, peer to peer exchange. And to the people spreading lies, the developer is here on linkedin and mentions XC on his page: http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

[CatKiwi]

Put my orders in at 0.0016xxx, fingers crossed!

[battbot]

I think the rate should be raised to around 5%-7% so that more people take their coins off exchanges and stake them. This will lead to:

1. Reduced sell pressure.
2. Faster and more secure network.

Could possibly lead to:

1. People having more incentive to buy the coin.

Trust me.  5-7% will hurt more than it helps anything and will just increase inflation and suppress the value.  The best incentive is for xnodes with a higher # of coins required for each node, to keep coins off the market.

[Teka]

Put my orders in at 0.016xxx, fingers crossed!

Fixed that for you.

[battbot]

DRK approach vs XC approach

DRK


Imagine if you will that you had a message and you wanted to send it to a friend. Delivering this message is the highest priority of your life and no other person can find out where this message came from.
The standard method used by most coins would require that there are web servers (see above image), “judges” if you will that will be the point of contact between you and your friend. They may pass the message among themselves and or with other individuals until they finally transmit the message to its destination, which will be your friend.


XC approach



The alternative approach to the crowds method is the dual path method. XC has implemented this within its wallet POS feature. This method benefits from the lack of need for a node as each individual is treated independently (see above image). It is fully decentralized and anonymous.

If we were to render the same situation of needing to send a message to a friend using this method instead we would get a completely different scenario.
In this case the request is bounced around independent individuals at random intervals until it has reached you. You would then send your message using the same method although in this case it will follow a completely different path. This means that there is no way of actually telling who the requester or the sender was. There are no nodes or “judges” and each individual will only need to decide the next movement. A complete free form of requesting and sending data.

Its approach to a complete anonymous POS wallet that not only is private but at the same time: its much faster at dealing with network changes, node drops and overall handling of data compared to the crowds approach mentioned above.

XC is also encrypted. And the dev is also working on blockchain v 2.0 later on with encrypted messaging, peer to peer exchange. And to the people spreading lies, the developer is here on linkedin and mentions XC on his page: http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

Yep.  XC's planned method much more efficient and effective.

[damiano]

Ok guys brace yourselves.


Dark getting owned and were going up.  Incoming FUD brigade

[maxsinner]

DRK hammered 0.022 to 0.016

manipulation everywhere

It coincided with XC rise and Bitfinex saying it's all rumors about DRK being added.

But it's really amazing what influence XC has on DRK price.

[Artoodeetoo]

Ok guys brace yourselves.


Dark getting owned and were going up.  Incoming FUD brigade

Lol, not posted but they are not happy campers again on the DRK thread.. shame...

[maxsinner]

Ok guys brace yourselves.


Dark getting owned and were going up.  Incoming FUD brigade

True, prepare the anti-troll sprays.

[insanedumps]

True, prepare the anti-troll sprays.

Karcher engaged

[maxsinner]

I think the rate should be raised to around 5%-7% so that more people take their coins off exchanges and stake them. This will lead to:

1. Reduced sell pressure.
2. Faster and more secure network.

Could possibly lead to:

1. People having more incentive to buy the coin.

Trust me.  5-7% will hurt more than it helps anything and will just increase inflation and suppress the value.  The best incentive is for xnodes with a higher # of coins required for each node, to keep coins off the market.

Ok, I trust you