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

[thensa]

Morning all

After staying awake for 23 hours I've now got a few hours' sleep and would like to do my best to field questions about Rev 2.


First off, I am sincerely sorry for having let you all down. I appreciate how a late, testnet-only release has injured your faith in XC, in the team, and in ATCsecure. We're very sorry for both what happened and for how we handled it. Down to the last 30 minutes we all believed, as most of you did, that the release would come out in time. If we had not thought this, then we would have informed you as early as possible about a delay and taken the hit. But we did believe it would be released. Unfortunately there was a single issue with the mainnet compile, that Dan identified and understood, yet that would take too long to resolve.

The broader reason for not having released on time are circumstances over the weekend that have nothing to do with development, severe in nature, and private to the affected person, which unavoidably took up the majority of this person's time. It's frustrating, but in a small team these sorts of events have a large effect. Nonetheless we were confident that the release would be out in time, but some minor details (and our complete unwillingness to risk your funds) prevented it.

But what we have achieved is nonetheless a world first. Until today, there has never been a decentralised trustless mixer. And now there is, in the app you downloaded today.

I've been saying for a while that XC is not semi-centralised, therefore no "security bottleneck" in the form of supernodes.

Well, with Rev 2 every singe wallet is automatically an Xnode. It's completely decentralised.

This should address people's questions about how to set up an Xnode in Rev 2. It's set up already. Just start testing it, and track what it does in the blockchain.


Updates will be very frequent and the app will go onto the mainnet in due course.

We're also unveiling the promised announcements today and tomorrow, and they're no less positive.

Enjoy what's good about the situation: a world-first that in fact surpasses the Xnode/normal node distinction, which is better than what we stated we'd release. This, plus the fact that XC's fundamentals are the same, plus the news we have to share with you later today, paints a very optimistic picture.


Ask me as many question as you like. I can't promise to be able to answer all of them, since I'm not the dev, but I'll try.


Humbly,


Arlyn

From what I gather you are a self-proclaimed PR "manager" that has no clue and idea what is going on and just push the hype train as far as you can. How can there be a compile issue that prevents releasing a wallet. If you are working on a software project, in a unnmanaged language like C++ which the wallet is made in you write code, compile, test and repeat which means there must have been intermediate versions all along or THERE HAS NEVER BEEN ANY WORKING MAINNET IMPLEMENTATION EVER, AT ALL which is the most plausible situation given that ridiciolous and stupid explaination you've made.

I won't even go and touch the issue of "announcements of annoucements" which is nothing but pure market manipulation and not done in any good faith.

[synechist]

[snip]

No worries mate, we all fuck up just need to learn lessons from it. I have been in games development for 20 year. I know what it is like around milestones.

The main issue I think was the lack of documentation that came with it. Some kind of release notes and change log would have gone a really long way o mitigating the worry that this caused.

Onwards and upwards. I'm not unhappy. I sold all my XC, rebought them all and have 5BTC in my pocket

Thank you. Documentation will be out ASAP. Normally the software is ready long before a deadline and I have time to write out some helpful stuff. As you might imagine, this wasn't the case.

So for now, I'll tell you all I can here. Ask me.

[Limpuls]

I'm so regret that I didn't sell xc then the price was .0028, now it's so cheap that I could buy almost 2x more. Also could buy now, but problem is that I don't have any btc

[adhitthana]

Who should I trust... Dan Metcalf a rising young star in the Cryptoworld, on the precibus of launching the FIRST & ONLY coin to have 100% truly decentralized & trustless mixing.
Or a bunch of newbie accounts who have minor issues with the release?
Seriously?

The dev & teams actions speak for themselves..or rather not speak.
They have probably gone to bed whilst making a fortune from you suckers....

Yup sure not because I was up for 20 something hours... answering question, cssing reddit, reading emails etc. Same goes for the entire team, Arlyn was up for probably an entire day.

Don't worry about him Teka. I mean, six posts. Who seriously has six posts, then comes and says stuff like that?

[studio1one]

[snip]

No worries mate, we all fuck up just need to learn lessons from it. I have been in games development for 20 year. I know what it is like around milestones.

The main issue I think was the lack of documentation that came with it. Some kind of release notes and change log would have gone a really long way o mitigating the worry that this caused.

Onwards and upwards. I'm not unhappy. I sold all my XC, rebought them all and have 5BTC in my pocket

Thank you. Documentation will be out ASAP. Normally the software is ready long before a deadline and I have time to write out some helpful stuff. As you might imagine, this wasn't the case.

So for now, I'll tell you all I can here. Ask me.

I can picture exactly how it was. You delay the launch, confidence falls, you release it in a state your not happy with, confidence falls. Lose, lose.

I'm sure it will recover when full documentation of what has been implemented and how it works is released. My advice, which you are free to take or totally ignore is, just make sure it is really clear and really well presented with good technical info. A small wait will do less damage to price than a half assed document

[synechist]

[snip]

From what I gather you are a self-proclaimed PR "manager" that has no clue and idea what is going on and just push the hype train as far as you can. How can there be a compile issue that prevents releasing a wallet. If you are working on a software project, in a unnmanaged language like C++ which the wallet is made in you write code, compile, test and repeat which means there must have been intermediate versions all along or THERE HAS NEVER BEEN ANY WORKING MAINNET IMPLEMENTATION EVER, AT ALL which is the most plausible situation given that ridiciolous and stupid explaination you've made.

I won't even go and touch the issue of "announcements of annoucements" which is nothing but pure market manipulation and not done in any good faith.

You have reason to be frustrated, so I won't begrudge you that.

self-proclaimed PR "manager" -

No. I'm not a manager. My job title is "PR and media liaison".

has no clue and idea what is going on and just push the hype train as far as you can

I will let you judge my work as you wish, and I'll respect those judgements. However I disagree.

[GameStarter]

So, now that people start to calm down.
Could we start to think objectively?

>>>>>  the FIRST fully 100% decentralized trustless mixer <<<<<<   have been delivered 2 hours late. Our team probably couldn't warn us before because they was very close to deliver it before the timeline.

If some people want to convince me to loose my  faith for an annoncement coming 2 hours late it's not working at all because it's not logical.

As everybody i would love to have a perfect finished product working directly on mainet but if it induce to take a risk of fork or huge bugs  i prefer to take the safe road and test progressively the  release on testnet.  I think our team is acting wisely and professionally here, can we blame them?

Some people think it's a fail because anon button and state of stacking haven't been implemented yet. Do you think it is the most difficult thing to program ? it sound like when the first airplane have been invented you complain about the fact it's not already confortable. => Our team focus on groundbreaking technollogy and don't try to deceive us with some functionality that aren't really essential at the actual state of devellopment.
Would you prefer to have some nice buttons and indicators or the best technollogy available on the market?

Now, we have some news coming today and tomorrow, our new 100% decentralized trustless mixer will be tested and wallet updated progressively to have a perfect working product on mainet next few days.

Investing in XC during the development will always be an adventure, our team create the furtur, thing that  have never been possible before, it could change the world. If you don't want to take some risk, if you don't want to be patient then just wait the perfect final product before you invest your money, the price will be 100 or 1k time higher but you will be safe and you have nothing to complain about.

I believe XC could change our society, give back the financial power from bank to citizen. I'm looking at  the big picture and i don't care at all about 2hours late release or some missing button to click on, i just want to see the technollogy improve to the point where we will have the opportunity for the first time in modern history to live in a world with annonimity and financial freedom.

[numisma]

So, now that people start to calm down.
Could we start to think objectively?

>>>>>  the FIRST fully 100% decentralized trustless mixer <<<<<<   have been delivered 2 hours late. Our team probably couldn't warn us before because they was very close to deliver it before the timeline.

If some people want to convince me to loose my  faith for an annoncement coming 2 hours late it's not working at all because it's not logical.

As everybody i would love to have a perfect finished product working directly on mainet but if it induce to take a risk of fork or huge bugs  i prefer to take the safe road and test progressively the  release on testnet.  I think our team is acting wisely and professionally here, can we blame them?

Some people think it's a fail because anon button and state of stacking haven't been implemented yet. Do you think it is the most difficult thing to program ? it sound like when the first airplane have been invented you complain about the fact it's not already confortable. => Our team focus on groundbreaking technollogy and don't try to deceive us with some functionality that aren't really essential at the actual state of devellopment.
Would you prefer to have some nice buttons and indicators or the best technollogy available on the market?

Now, we have some news coming today and tomorrow, our new 100% decentralized trustless mixer will be tested and wallet updated progressively to have a perfect working product on mainet next few days.

Investing in XC during the development will always be an adventure, our team create the furtur, thing that  have never been possible before, it could change the world. If you don't want to take some risk, if you don't want to be patient then just wait the perfect final product before you invest your money, the price will be 100 or 1k time higher but you will be safe and you have nothing to complain about.

I believe XC could change our society, give back the financial power from bank to citizen. I'm looking at  the big picture and i don't care at all about 2hours late release or some missing button to click on, i just want to see the technollogy improve to the point where we will have the opportunity for the first time in modern history to live in a world with annonimity and financial freedom.

Couldn't have said it better!

-N

[synechist]

Just to make everyone aware -- Dan is working on a PDF that clearly explains the tech behind this REV2 release, and why it is such a significant release in terms of privacy/anonymity.  

And to reiterate -- REV2 also introduces the first-ever fully decentralized mixer... there are no masternodes involved with this new code... it was a complete rewrite over the previous rev's

Yes, REV2 is a huge deal.  And yes, REV2 puts XC ahead of all other available anon solutions as far as I am aware.

+1

[takramltc]

Hello all.

I don't post much on these forums, am a bit of a quiet man. But this is the first time I feel an urge to write and say something to a few of you on the internet. I have been around XC from the beginning, I am not a big/rich investor in cryptoworld, I only hold a few coins. I have seen and felt the pump to 0,005 and the dump after. I haven't sold any of my coins and I still haven't bought any new ones till this moment. Why? Let me tell you why.

I realise there are a lot of traders in this cryptoworld who are going to the advantages of these hypes before releases by pumping and dumping. I don't mind that, they're actually good from time to time so other people notice us. What I don't get are the people who are acting like little children when there is a minor and unclear obstacle on the road. By reading some of the comments on the past pages it feels like there was a catastrophic event. But there wasn't. The announcements we're maybe to much, but still.. Are we not making progress? Aren't we closer to our goal (XC goal) each day? People should stick together and take a breath.

NONE of us is going to get rich over night. You believe in something, buy it and hold it. There is a million coins out there, but is there truly a coin developed in such a short time with a better potential than XC? Developer, a public figure with clear intentions for the future? Maybe there is, but I ain't seeing it. If you can't believe the XC team (specially the dev), I don't know who you can in this cryptoworld. There are huge things coming up in the future with this coin/platform, and I want to be a part of it. Don't you?

My intentions with this little writing are not to pump/dump the price, I just had to clear my mind and I had to say a few words to ease people. I do believe the XC team are going to clear things up, but they are human beings and they can't be online 24/7 to answer all the questions and clear the situation. Let them be and let them do their work! If there was anything else I could do to help them out, I would but I am not a computer guy, I am an industrial engineer with a little love for tech inovations. But this writing is my best help.

Peace! -N

Thank you someone with some common sense and a cool head.

[mav137]

Long term supporter here; good work guys.
I havent read up the entire rev2 debate, but my confidence is great with the team and how everything is dealt with.

Xnode support in all clients? Wow! Very nice! Again releasing something better then promised.

People should realize that rev 3 is the real release and will have a nice GUI interface and working mainnet.
Thus far we could only send 10xc max anon, but everyone was exited to see it worked!

Still exited, and still confident.. In for the long haul!

Keep it up, and take it easy, there is massive and confident support for your work!

[btcsql]

Synechist and XC team, please, for the love of god, do not push any more releases without a PGP key signing off on them from atcsecure, as well as corresponding checksums. This is a community of generally tech-savvy individuals, and that kind of release scheme is never going to pass muster for people really into the technology.

Who thought it was a good idea to push an executable file for the big launch, on an obscure IP address? (well, obscure to anyone randomly looking -- although it appears to be the old web server for xc official)

[SushiChef]

there is massive and confident support for your work!

Yeah! all the way to the XCurrency bank (sorry for the lame joke)

[synechist]

Synechist and XC team, please, for the love of god, do not push any more releases without a PGP key signing off on them from atcsecure, as well as corresponding checksums. This is a community of generally tech-savvy individuals, and that kind of release scheme is never going to pass muster for people really into the technology.

Who thought it was a good idea to push an executable file for the big launch, on an obscure IP address? (well, obscure to anyone randomly looking -- although it appears to be the old web server for xc official)

Agreed. This was an exceptional circumstance; Dan hadn't slept in about 3 days and we just wanted to prove that trustless mixing is real.

The current release will very soon be replaced by an update. Checksums and PGP are no problem in future.

[cyberhacker]

Just to make everyone aware -- Dan is working on a PDF that clearly explains the tech behind this REV2 release, and why it is such a significant release in terms of privacy/anonymity.  

And to reiterate -- REV2 also introduces the first-ever fully decentralized mixer... there are no masternodes involved with this new code... it was a complete rewrite over the previous rev's

Yes, REV2 is a huge deal.  And yes, REV2 puts XC ahead of all other available anon solutions as far as I am aware.

+1

no offend. some EQ problem with DAN.

REV 2 is huge deal if every wallet is XNODE. and you guys did not make it clear.

ppl get panic.

[btcsql]

Synechist and XC team, please, for the love of god, do not push any more releases without a PGP key signing off on them from atcsecure, as well as corresponding checksums. This is a community of generally tech-savvy individuals, and that kind of release scheme is never going to pass muster for people really into the technology.

Who thought it was a good idea to push an executable file for the big launch, on an obscure IP address? (well, obscure to anyone randomly looking -- although it appears to be the old web server for xc official)

Agreed. This was an exceptional circumstance; Dan hadn't slept in about 3 days and we just wanted to prove that trustless mixing is real.

The current release will very soon be replaced by an update. Checksums and PGP are no problem in future.

I understand the crunch-time circumstances, and my curiosity is certainly piqued by what Dan and you all are working on here. I wish you all well, and hope you take the PGP/checksum request to heart, as it will instill quite a bit more confidence in downloading the wallet client for more technically-oriented users.

[Hermann1337]

I have a question Guys

I bought many XC this morning and now i consider to stake them. But i am also not sure what will happen with xc price. So i would like to let em on exchange.

Somebody can tell me how much Xc profit u make for staking 2010XC in a day?
Haven t found a formula to calculate or some experiences

[Boyer]

I'm glad that things are getting sorted out. I guess that we will make a slow recovery from now on. Thank you all for the updates. I will probably invest more below 200k sat now. I understand that you will considerate all things that have been said here, to avoid future mistakes like this. Happy trading folks!

[Limpuls]

Wow, downloaded wallet, extracted to new folder, opened app and there already was all my coins. How could that happened? I thought I would need to copy my dll. files to new directory or something.

[Artoodeetoo]

Im not going to go into the rights and wrongs, there probably were a few things that could have been done differently, that is water under the bridge now...

The facts are though, as far as I see them

1. We are leading the crypto revolution, we have ground breaking tech and a team capable of handling it.
2. We have a support and dev team who are 100% committed, they are burning the midnight hours and putting everything into this.

On that basis im happy to cut slack here and there, you get this when you are managing a project like this, nothing ever quite fits neatly in the box first time round, but the point is the team are trying so hard to do it and they will do it...

Keep up the good work guys.