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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 841224 times)
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braxx
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June 17, 2014, 05:32:00 PM
 #8661

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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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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AlexGR
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June 17, 2014, 05:36:12 PM
 #8662

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

DRK: Xdyd5rkq5ZgYtbWU4eJYbQ6Nys5Rgi12jr
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mr_random
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June 17, 2014, 05:38:58 PM
 #8663

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
 #8664


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....

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June 17, 2014, 05:54:48 PM
 #8665

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.

XTC  bitcoin alipay. https://bter.com/trade/xtc_btc
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June 17, 2014, 05:57:16 PM
 #8666

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....

DRK: Xdyd5rkq5ZgYtbWU4eJYbQ6Nys5Rgi12jr
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June 17, 2014, 05:59:14 PM
 #8667

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
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June 17, 2014, 06:04:34 PM
 #8668

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
 #8669

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.

XTC  bitcoin alipay. https://bter.com/trade/xtc_btc
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June 17, 2014, 06:21:14 PM
 #8670

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 -XChat - Decentralized Trustless Mixing - https://bitcointalk.org/index.php?topic=630547.new#new :: XChat ::ATC Addresss & PUB Key::: XX1TJjA5949KrKoHh7aCTkqBwCmFfGo9uw / tfo9MEYxJJefSVjHo6iAYT1XHr4tjyAAZh4bMBWaBUDB  Fingerprint::5974678CFC1AA9902C4C2704A133B0461356792A
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June 17, 2014, 06:23:55 PM
 #8671

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
 #8672

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?
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June 17, 2014, 06:26:24 PM
 #8673

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 -XChat - Decentralized Trustless Mixing - https://bitcointalk.org/index.php?topic=630547.new#new :: XChat ::ATC Addresss & PUB Key::: XX1TJjA5949KrKoHh7aCTkqBwCmFfGo9uw / tfo9MEYxJJefSVjHo6iAYT1XHr4tjyAAZh4bMBWaBUDB  Fingerprint::5974678CFC1AA9902C4C2704A133B0461356792A
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June 17, 2014, 06:27:39 PM
 #8674

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?


Not at this time, but the development schedule will be posted when is it finalized (this week)


Join the revolution -XChat - Decentralized Trustless Mixing - https://bitcointalk.org/index.php?topic=630547.new#new :: XChat ::ATC Addresss & PUB Key::: XX1TJjA5949KrKoHh7aCTkqBwCmFfGo9uw / tfo9MEYxJJefSVjHo6iAYT1XHr4tjyAAZh4bMBWaBUDB  Fingerprint::5974678CFC1AA9902C4C2704A133B0461356792A
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June 17, 2014, 06:29:42 PM
 #8675


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.

Of course you don't want to go into it, because Chaeplin admitted DRK wasn't patching against his pattern matching technique until RC 4.

Whereas Chaeplin couldn't crack XC once it upgraded to the mulitpath protocol, just like the XC dev said. Of course, Chaeplin will give various excuses but the fact he FUDs XC persistently shows his true colours. We both know Chaeplin would have wet himself in excitement if he could quickly crack the challenge and spam his result all over the forum.

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.


And also to patch against the pattern matching analysis which links any addresses  Wink

DRK has lots still to do, like every anon currency. The number 1 being, not having a repeat of the fork that caused chaos a couple of weeks back.


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.


Well it's not too big yet and there are solutions that can be implemented in the future. MRO needs a lot of development though, that much is obvious.

In my opinion MRO is the "most" anon of any coins right now, but that comes at a trade off. MRO can't slot easily into the existing BTC/clones infrastructure, everything is being built from the ground up. But as we can see from NXT, when the work is 90% complete the end result of staggering.

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

No you don't understand. I said signatures + the algorithm. The signatures would make the XC nodes trustless, to prevent stealing. The trust learning algorithm would efficiently learn the bad nodes, to prevent blocking.

So XC would have the trustless transactions AND a more efficient network.

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.

NO a bad node in DRK can block a transaction. Of course the transaction can be broadcasted again at cost, but that first transaction attempt has failed.

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.


Again you are missing the point. You are one person. XC approach means anyone can run a node easily. It's truly decentralised as I explained.
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....

Snake oil? What? Talk about a baseless remark. Now you are clutching at straws. The XC dev has delivered everything he has promised so far and even better, ahead of schedule.

You should really read about the past projects this guy has architected. It's no wonder he is sprinting through the deadlines so quickly, this guy is the real deal.

What is staggering is that in 1 month XC dev has done what took the DRK dev 4 months. And arguably the end product is going to be far superior.
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June 17, 2014, 06:33:46 PM
 #8676


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



This is fucking huge!!

Anonymous transactions which are directly person to person with no masternode required!

Best decision I ever made, backing this coin + dev.
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June 17, 2014, 06:35:40 PM
 #8677

Thank you Alex en Random, for this civilized discussion. Nice read!
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June 17, 2014, 06:39:48 PM
 #8678


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



This is fucking huge!!

Anonymous transactions which are directly person to person with no masternode required!

Best decision I ever made, backing this coin + dev.


Basically this feature creates a new set of keys[one-time use] for the receiver --- which the sender users for this specific transaction, all handled by the client's themselves

Join the revolution -XChat - Decentralized Trustless Mixing - https://bitcointalk.org/index.php?topic=630547.new#new :: XChat ::ATC Addresss & PUB Key::: XX1TJjA5949KrKoHh7aCTkqBwCmFfGo9uw / tfo9MEYxJJefSVjHo6iAYT1XHr4tjyAAZh4bMBWaBUDB  Fingerprint::5974678CFC1AA9902C4C2704A133B0461356792A
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June 17, 2014, 06:40:44 PM
 #8679

What is staggering is that in 1 month XC dev has done what took the DRK dev 4 months. And arguably the end product is going to be far superior.

i would really like to see the arguably bit of this. i can't fathom how the finished project of DRK is going to be anywhere near as good as XC. i'm infact struggling to come up with even one feature
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June 17, 2014, 06:46:06 PM
 #8680

What is staggering is that in 1 month XC dev has done what took the DRK dev 4 months.

I've seen this claim since the first centralized mixer came out and the "we are ahead of DRK" claims etc etc. I mean ok, it's good pump material to proclaim superiority but the cold reality of the matter is that DRK wasn't building a central mixer for 4 months.

Same applies right now. DRK dev wasn't working on trusted transactions either. Trusted transaction = going backwards and undoing Satoshi's work = a joke solution as far as cryptocurrency experts are concerned.

Remember to respect the criticism because it is the criticism that will end up giving you the best bang for your buck, if it's used as the fuel to do things correctly in the future. If a dev hears his solution sucks what do you think will do? Apparently he will try to review the code and see how he can make it better. Praises of awesomeness won't get you far in this business. DRKs evolution has passed multiple stages of criticism, "this is flawed" etc etc. These stuff are to be embraced because they ultimately make you better.

Thank you Alex en Random, for this civilized discussion. Nice read!

Cool

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BTC: 1GzzYMkyowmVY7cye8vKaZGTKgocan2hrJ
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