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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1217444 times)
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cyberhacker
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June 17, 2014, 04:44:28 PM
 #8601

sorry. i don't think we should talk a person here.

Technology and development matter most.

BTC12.COM  all about ICO insides
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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June 17, 2014, 04:54:33 PM
 #8602

I mined at this https://xc.suprnova.cc/ pool and I wasn't paying attention to it for awhile, only to find that the pool has closed, and I never got any email notification from it, rather than a silly message in the homepage to withdraw all balances, which happened to have come to my notice after the date for the closure of the pool. From now on I am going to avoid coins with dodgy pools, specially coins that lists pools as officials, but the listed pools won't allow people to sign up saying their quotas are full.
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June 17, 2014, 05:01:13 PM
 #8603

I mined at this https://xc.suprnova.cc/ pool and I wasn't paying attention to it for awhile, only to find that the pool has closed, and I never got any email notification from it, rather than a silly message in the homepage to withdraw all balances, which happened to have come to my notice after the date for the closure of the pool. From now on I am going to avoid coins with dodgy pools, specially coins that lists pools as officials, but the listed pools won't allow people to sign up saying their quotas are full.

It's never a good idea to leave coins in a pool... especially one that has staking.    Did you actually have coins at the pool?? 

You should try to pm ocminer and see if you can still get it somehow...
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June 17, 2014, 05:01:34 PM
 #8604


Some members of the XC Team[myself included] will be at the "Bitcoin in the Beltway: 2014" conference this weekend in Washington, DC.

http://www.bitcoinbeltway.com/


We will have a booth as well.


ATCSECURE


Best thing so far I have heard on this forum -to have a physical booth at such an event is SERIOUS.  The fact that dev is going on his time to promote   XC platform is fucking amazing!

CASH to BTC since 2013-OTC WoT ratings available!
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June 17, 2014, 05:09:13 PM
 #8605


Some members of the XC Team[myself included] will be at the "Bitcoin in the Beltway: 2014" conference this weekend in Washington, DC.

http://www.bitcoinbeltway.com/


We will have a booth as well.


ATCSECURE


Best thing so far I have heard on this forum -to have a physical booth at such an event is SERIOUS.  The fact that dev is going on his time to promote   XC platform is fucking amazing!

Sweet!

Very few alt coins do things like this, I'm greatly encouraged with the amount of team effort which is going into this coin.

It reminds me of the activity I saw in NXT's early days.
AlexGR
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June 17, 2014, 05:20:41 PM
 #8606

Exactly that was my point. Immagine if he change his mind and start promoting XC because he recognizes the superior tek behind it. However if he is honest I don't really see why he should not do it. The fact is is he Honest?

The question is: Can you handle Honesty?

Honestly the solution of trusted parties to conduct transactions would not be considered as "superior tech" but rather as a joke by those who are "tech experts". It goes against what Satoshi did when he invented trustless transactions.

If Dan has found a solution to make it trustless, that's a win right there. Otherwise you'd better keep silent until this is fixed. Trust me when I say you don't want people ripping you apart in a convention for presenting problematic tech as superior.
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June 17, 2014, 05:27:09 PM
 #8607

Exactly that was my point. Immagine if he change his mind and start promoting XC because he recognizes the superior tek behind it. However if he is honest I don't really see why he should not do it. The fact is is he Honest?

The question is: Can you handle Honesty?

Honestly the solution of trusted parties to conduct transactions would not be considered as "superior tech" but rather as a joke by those who are "tech experts". It goes against what Satoshi did when he invented trustless transactions.

If Dan has found a solution to make it trustless, that's a win right there. Otherwise you'd better keep silent until this is fixed. Trust me when I say you don't want people ripping you apart in a convention for presenting problematic tech as superior.

Guess that's why DRK don't dare to have a booth there with all the forking issue and non 100% anon tech....
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June 17, 2014, 05:32:00 PM
 #8608

I mined at this https://xc.suprnova.cc/ pool and I wasn't paying attention to it for awhile, only to find that the pool has closed, and I never got any email notification from it, rather than a silly message in the homepage to withdraw all balances, which happened to have come to my notice after the date for the closure of the pool. From now on I am going to avoid coins with dodgy pools, specially coins that lists pools as officials, but the listed pools won't allow people to sign up saying their quotas are full.
Code:
I never got any email notification from it

that would be a first... Smiley



mining is done for weeks now...
always know what coin you mine.
follow the topic on bitcointalk (or official forum), then you know when mining is over.

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June 17, 2014, 05:36:12 PM
 #8609

Exactly that was my point. Immagine if he change his mind and start promoting XC because he recognizes the superior tek behind it. However if he is honest I don't really see why he should not do it. The fact is is he Honest?

The question is: Can you handle Honesty?

Honestly the solution of trusted parties to conduct transactions would not be considered as "superior tech" but rather as a joke by those who are "tech experts". It goes against what Satoshi did when he invented trustless transactions.

If Dan has found a solution to make it trustless, that's a win right there. Otherwise you'd better keep silent until this is fixed. Trust me when I say you don't want people ripping you apart in a convention for presenting problematic tech as superior.

Guess that's why DRK don't dare to have a booth there with all the forking issue and non 100% anon tech....

There is no 100% anon tech. At least not one that I am aware of. Zerocoin could do it but it is breakable by Quantum Computers + it has a trusted accumulator.

Back in March we had a discussion on the DRK thread to do some kind of "fund Snowden" campaign with DRK. This is what I said:

Yep... and that's why you can't have a "fund-Snowden"campaign, because if you don't have an NSA-proof anonymous solution, Snowden will laugh and decline your offer.

It's the necessary reality check.

If you don't have an NSA-proof coin => you are not 100% anonymous.

To raise the bar even further: If you don't have a coin that can resist NSA analysis that will come online in the next 5-20 years => you are not 100% anonymous. This, btw, would require hardening against future pattern-recognition software with suprahuman intelligence.

Quote
I assume you don't like Bitshares either?

I rarely buy coins that the vast majority of people can't relate to - because, fundamentally, at this stage of adoption, cryptocurrencies are a pyramid scheme where you expect the next buyer to pump you. So if the majority of buyers don't even understand your features, the pump is doomed. It's a problem of mass-marketing to a "base" that can't evaluate the features and hence stay away from the coins.

I've explained this phenomenon here:

https://bitcointalk.org/index.php?topic=637645.msg7114149#msg7114149
and here:
https://bitcointalk.org/index.php?topic=637645.msg7116563#msg7116563
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June 17, 2014, 05:38:58 PM
 #8610

Exactly that was my point. Immagine if he change his mind and start promoting XC because he recognizes the superior tek behind it. However if he is honest I don't really see why he should not do it. The fact is is he Honest?

The question is: Can you handle Honesty?

Honestly the solution of trusted parties to conduct transactions would not be considered as "superior tech" but rather as a joke by those who are "tech experts". It goes against what Satoshi did when he invented trustless transactions.

If Dan has found a solution to make it trustless, that's a win right there. Otherwise you'd better keep silent until this is fixed. Trust me when I say you don't want people ripping you apart in a convention for presenting problematic tech as superior.

Every anon currency has holes at the moment.

DRK is currently vulnerable to the pattern matching that Chaeplin used on earlier versions of XC. XC has upgraded to multipath technology in version 1.5 and has now resisted cracking attempts.

MRO suffers from blockchain bloating.

The current version of XC is not 100% trustless yet but that is coming in version 2.0. If that also incorporates the trust learning algorithm that was previously mentioned that would make XC > than DRK in another aspect. To remind you, DRK transactions though "trustless" due to multisig are still vulnerable to bad nodes which will block the transaction. XC's trust learning algorithm will learn the bad nodes and lead to a stronger, more efficient network.

Don't forget as well that XC nodes can be run in ANY wallet. You don't need to setup a server to run an XC node like you do with DRK. Just open your wallet and away you go.

With encrypted messages on the way and other "blockchain 2.0" coming, XC stands to be the ultimate Privacy Platform and I know a lot of people will welcome the opportunity to "get in early" before more people learn about it.  Wink
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June 17, 2014, 05:44:35 PM
 #8611


Don't forget as well that XC nodes can be run in ANY wallet. You don't need to setup a server to run an XC node like you do with DRK. Just open your wallet and away you go.

This +1000....  The DRK thread now is talking about opening this port and that port when running a masternode and debating if linux or windows is more vunerable to hacking....   

No thank you....
cyberhacker
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June 17, 2014, 05:54:48 PM
 #8612

Exactly that was my point. Immagine if he change his mind and start promoting XC because he recognizes the superior tek behind it. However if he is honest I don't really see why he should not do it. The fact is is he Honest?

The question is: Can you handle Honesty?

Honestly the solution of trusted parties to conduct transactions would not be considered as "superior tech" but rather as a joke by those who are "tech experts". It goes against what Satoshi did when he invented trustless transactions.

If Dan has found a solution to make it trustless, that's a win right there. Otherwise you'd better keep silent until this is fixed. Trust me when I say you don't want people ripping you apart in a convention for presenting problematic tech as superior.

Guess that's why DRK don't dare to have a booth there with all the forking issue and non 100% anon tech....

+1. and their fancy boy expert keep promoting problematic tech.

BTC12.COM  all about ICO insides
AlexGR
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June 17, 2014, 05:57:16 PM
 #8613

Every anon currency has holes at the moment.

True.

Quote
DRK is currently vulnerable to the pattern matching that Chaeplin used on earlier versions of XC. XC has upgraded to multipath technology in version 1.5 and has now resisted cracking attempts.

As far as I am aware, Chaeplin didn't even try to crack it due to what he perceived as a non-acknowledgement of the hard link that he provided when the common wallet spent the dust, betraying its identity. Anyway it's not an issue I want to go into.

DRK challenge is to improve / fix

a) nodes knowing what they are transacting
b) change addresses linking ownership
c) removal of 10 DRK limit but preserving identical inputs in some form as to prevent coinjoin analysis through different types of inputs.

Quote
MRO suffers from blockchain bloating.

Worse yet, if the blockchain is too big it can't even be loaded into the client. A few BTCs worth of tx fees just to spam the blockchain, can render it unusable for many users.

Quote
The current version of XC is not 100% trustless yet but that is coming in version 2.0. If that also incorporates the trust learning algorithm that was previously mentioned that would make XC > than DRK in another aspect. To remind you, DRK transactions though "trustless" due to multisig are still vulnerable to bad nodes which will block the transaction. XC's trust learning algorithm will learn the bad nodes and lead to a stronger, more efficient network.

If a trust algorithm is in place = it's still a trusted transaction. Coin forwarding = trust. Signatures = trustless.

The bad node in DRK can monitor the transaction but it cannot really block it. At most it can delay it (at a cost, as the node would lose collateral) since the implementation is fault-tolerant.

Quote
Don't forget as well that XC nodes can be run in ANY wallet. You don't need to setup a server to run an XC node like you do with DRK. Just open your wallet and away you go.

It doesn't really make a difference to me. I can run a node from my PC as well. Instead of opening the wallet I can run the node, whether in my PC or laptop - even my tablet. It's just better to have a nice internet connection and DDOS protection.

Quote
With encrypted messages on the way and other "blockchain 2.0" coming, XC stands to be the ultimate Privacy Platform and I know a lot of people will welcome the opportunity to "get in early" before more people learn about it.  Wink

Some of that stuff with blockchain 2.0 sounds like snake oil, so for the time being let's stick to making the anonymity work....
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June 17, 2014, 05:59:14 PM
 #8614

How is crypt worth more than XC? They have double the total supply and ONLY a white paper... Lol?

XCurrency www.xc-official.com #xcofficial
XChat: XFCe4ue7yCeSvn22gisLXdfd9HhdVfr5uJ / 28VjdNMZMyF6UiHRqkSCi63UikfcdHXj8nRzhkb9GmHip
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June 17, 2014, 06:04:34 PM
 #8615

How is crypt worth more than XC? They have double the total supply and ONLY a white paper... Lol?

Mindfox as dev. Circulating supply is far lower btw - only 2mn coins.

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June 17, 2014, 06:07:54 PM
 #8616

Some of that stuff with blockchain 2.0 sounds like snake oil, so for the time being let's stick to making the anonymity work....

i do believe it is stuff with blockchain 2.0 that makes Dev attend the conference.

their is no reason for alt coins with no real application to attend such conference. even with anonymity feature.

BTC12.COM  all about ICO insides
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June 17, 2014, 06:21:14 PM
 #8617

How is crypt worth more than XC? They have double the total supply and ONLY a white paper... Lol?

XC already has the P2P anonymous feature in the wallet code now.. It will be enabled for user to user anonymous transactions (no masternode required) in an upcoming release


Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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June 17, 2014, 06:23:55 PM
 #8618

How is crypt worth more than XC? They have double the total supply and ONLY a white paper... Lol?

Mindfox as dev. Circulating supply is far lower btw - only 2mn coins.



Crypt is in a bubble. XC isn't. the next XC bubble will take us near if not beyond DRK.

DRK is centralised, this isn't. all these other scam coins just have whitepapers, while we will be the first P2P decentralised currency. DRK will fall, XC will rise.
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June 17, 2014, 06:25:23 PM
 #8619

How is crypt worth more than XC? They have double the total supply and ONLY a white paper... Lol?

XC already has the P2P anonymous feature in the wallet code now.. It will be enabled for user to user anonymous transactions (no masternode required) in an upcoming release



do you have an updated ETA for REV 2?
atcsecure
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June 17, 2014, 06:26:24 PM
 #8620

How is crypt worth more than XC? They have double the total supply and ONLY a white paper... Lol?

XC already has the P2P anonymous feature in the wallet code now.. It will be enabled for user to user anonymous transactions (no masternode required) in an upcoming release




Also the user will have an option of which solution they want to use - they can go direct P2P or route through the mixer.  

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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