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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483644 times)
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illodin
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July 06, 2014, 11:59:10 PM
 #12521

What is "semi-centralisation" ?

Semi-centralisation refers to a scenario where a small number of nodes are used to forward transactions. See the OP for how this causes a "security bottleneck", as bitcoin core developer Gregory Maxwell states.

What's the number of nodes in XC now?

every wallet with 550 coins can become a Xnode! we have 5.5m coins in circulation.. So possible 10k nodes max, but this will never be reached. Also the team stated the amount of coins needed can be reduced when it becomes to centralized and needs more diversity

What do you think is a good number until it's not semi-centralized anymore?
SushiChef
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July 07, 2014, 12:01:06 AM
 #12522

What is "semi-centralisation" ?

Semi-centralisation refers to a scenario where a small number of nodes are used to forward transactions. See the OP for how this causes a "security bottleneck", as bitcoin core developer Gregory Maxwell states.

What's the number of nodes in XC now?

every wallet with 550 coins can become a Xnode! we have 5.5m coins in circulation.. So possible 10k nodes max, but this will never be reached. Also the team stated the amount of coins needed can be reduced when it becomes to centralized and needs more diversity

What do you think is a good number until it's not semi-centralized anymore?


It should be a determined user/xnode ratio in my opinion. To give you numbers is a little premature i guess. This all depends on adoption

Or was the question more about another coin? because we are not semi-centralized
bitcad4u
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July 07, 2014, 12:19:42 AM
 #12523

ItsNotMe
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July 07, 2014, 12:23:45 AM
 #12524

Very surprised people are selling at this price...why?
shfc
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July 07, 2014, 12:24:56 AM
 #12525

nice
XC to the moon
qawzsx
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July 07, 2014, 12:25:34 AM
 #12526

Very surprised people are selling at this price...why?

Those are bots trading, not people selling...
shfc
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July 07, 2014, 12:26:03 AM
 #12527

Very surprised people are selling at this price...why?

hold you xc
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July 07, 2014, 12:27:05 AM
 #12528

Very surprised people are selling at this price...why?

It's natural price action, since there's been no news to cause the change in price.

It's called a pullback/retracement/correction: price goes up; at some point people start to wonder whether they're not getting a good deal when they buy; volume falls; more people sell; price falls, and then fluctuates until consensus is reach as to what a good price to pay for XC is. Then, since we're on a bull run, the price carries on going up again.

Co-Founder, the Blocknet
BrewCrewFan
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July 07, 2014, 12:27:32 AM
 #12529

Very surprised people are selling at this price...why?

Because the coin sucks, might as well donate the coins you hold to the devs.

Free SIGNs giving everyday. Be part, do not miss!.
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bitcad4u
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July 07, 2014, 12:28:37 AM
 #12530

here we go .... rocket time now... to 10 dollars. by tommorow night.  see yas then... anyone want to have beers. they are on me. 
flashbit
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July 07, 2014, 12:35:22 AM
 #12531

here we go .... rocket time now... to 10 dollars. by tommorow night.  see yas then... anyone want to have beers. they are on me. 

I'll take a Guinness, please and thank you!
suppersz
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July 07, 2014, 12:36:16 AM
 #12532

THREE announcements on Monday, Tuesday, and Wednesday.

nice work


I'm pretty certain arlyn meant one on monday another on tuesday and another on wednesday.
Can't wait!!!

Teka (OP)
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July 07, 2014, 12:40:31 AM
 #12533

here we go .... rocket time now... to 10 dollars. by tommorow night.  see yas then... anyone want to have beers. they are on me. 

Can I have coca cola instead? I don't drink  Wink
SushiChef
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July 07, 2014, 12:43:16 AM
 #12534


Can I have coca cola instead? I don't drink  Wink

BORING!!  Kiss Hertog Jan for me please
BrewCrewFan
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July 07, 2014, 12:44:07 AM
 #12535

here we go .... rocket time now... to 10 dollars. by tommorow night.  see yas then... anyone want to have beers. they are on me. 

Can I have coca cola instead? I don't drink  Wink

Pft you can make an exception... if nothing else you would make a cheap date due to being a lightweight.

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flashbit
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July 07, 2014, 12:45:35 AM
 #12536

here we go .... rocket time now... to 10 dollars. by tommorow night.  see yas then... anyone want to have beers. they are on me. 

Can I have coca cola instead? I don't drink  Wink

Teka what about a root beer? hehe
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July 07, 2014, 12:45:41 AM
 #12537

here we go .... rocket time now... to 10 dollars. by tommorow night.  see yas then... anyone want to have beers. they are on me. 
I havent drank in 2 years, but when the price hits $10 I will gladly drink a few beers with any XC member

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Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap
BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
Tree Fiddy
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July 07, 2014, 12:47:00 AM
 #12538

lol @ thinking this will 10x price in a day. It's more realistic to believe it would take a few weeks. In other words, there is plenty of room on this train for stragglers.

ceo 10 μbtc/day
shfc
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July 07, 2014, 12:50:18 AM
 #12539

86BTC sell wall at 0.00292
 Shocked
qqNxt
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July 07, 2014, 12:57:42 AM
 #12540

86BTC sell wall at 0.00292
 Shocked
fake wall.. already gone..
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