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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1481785 times)
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EUoIo
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July 08, 2014, 10:30:30 PM
 #14281

So, IRS can track, but not DEA?  hmm.

DEA can too. I just not from DEA. It was a metaphor...

I wanna focus you why Bitcoin itself is not sufficient? What brand new feature of X11coin? Decentralized mixer? It is like an one-eyed person , not an anonymous one.

Stop the fud idiot and go buy some monero!
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July 08, 2014, 10:34:31 PM
 #14282

So, IRS can track, but not DEA?  hmm.

DEA can too. I just not from DEA. It was a metaphor...

I wanna focus you why Bitcoin itself is not sufficient? What brand new feature of X11coin? Decentralized mixer? It is like an one-eyed person , not an anonymous one.


you're grasping at straws here and doing a terrible job. I dont even think I will waste my time responding to you with an in depth description. If you dont understand what XC has done, you're either a plain moron or someone coming to create FUD.


I think its the latter.
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July 08, 2014, 10:35:10 PM
 #14283

Guys I sincerely recommend you read the wikipedia:

"The Cryptonote technology uses ring signatures."

http://en.wikipedia.org/wiki/Ring_signature

http://en.wikipedia.org/wiki/Ron_Rivest

http://en.wikipedia.org/wiki/Adi_Shamir



 Grin  Grin  Grin
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July 08, 2014, 10:35:15 PM
 #14284

So, IRS can track, but not DEA?  hmm.

DEA can too. I just not from DEA. It was a metaphor...

I wanna focus you why Bitcoin itself is not sufficient? What brand new feature of X11coin? Decentralized mixer? It is like an one-eyed person , not an anonymous one.

Stop the fud idiot and go buy some monero!

Dear newbie, learn X11 manuals first. The main brand new feature of X11 coin is NOT anonymity, but Android/iOS wallet THAT CAN STAKE coins just inside a gadget! It is not just a PoS, it is real REVOLUTION!

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July 08, 2014, 10:35:29 PM
 #14285

I think it would be good against bloating of this thread(pun intended) if everybody who has basic questions about  blockchain technology and the various methods that are being developed for anonimous cryptotechnologies read up on those subjects before posting here. Sometimes it's difficult to discern honest ignorance from fud.
thx!
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July 08, 2014, 10:36:58 PM
 #14286

I think it would be good against bloating of this thread(pun intended) if everybody who has basic questions about  blockchain technology and the various methods that are being developed for anonimous cryptotechnologies read up on those subjects before posting here. Sometimes it's difficult to decern honest ignorance from fud.
thx!

It's clear that btell is a XMR troll here to fud.   He was fudding all night last night during the flash crash.  FFS... he's still call XC the X11coin.   Do you think he really cares about XC?

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July 08, 2014, 10:42:00 PM
 #14287

It's clear that btell is a XMR troll here to fud.   He was fudding all night last night during the flash crash.  FFS... he's still call XC the X11coin.   Do you think he really cares about XC?

I bought some XC, not large amount, but not tiny. So I have real interest in XC now. Sorry for X11 coin. I am somewhat old-fashioned...

Do you agree that Android/iOS wallet that can stake inside a mobile device is revolution, because explodes number of XC adopters?
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July 08, 2014, 10:42:20 PM
 #14288

Notice the way the website design matches the look of the video.

That's the kind of branding you get when you have real professionals on board.



the web site is shitty, it do look AWESOME though.
click FUNDAMENTALS then try to click HOW-TO without everything jump all over the places. professional site wouldn't make this so confused.
my suggestion moves those drop-down to the right and keeping  FUNDAMENTALS and HOW-TO etc.. in places. it don't need to move up and down, jumping all over the places.
also if there is no wallet for linux or MAC, yet, just say coming soon instead of redirect to main page as people would think there computer messed up.

http://forum.xctalk.com have no logo, http://xctalk.com is still a godaddy and http://xc-official.com is broken. i take these kind of small things seriously as it would only take less then 5 minutes to fix all these. you wouldn't want to put your hard earn money into some kids playground which should take about 5 minutes to fix but too lazy to do it.

I think I know your type...  Just like the one not happy with the background in the video...   If I gave you a bag of gold,  you would say it was too heavy...  If you work up or come in from the side on the website menu it works fine, and I'm sure they are working on the making this one minor issue better.  On a seperate note, you are more than welcome to become part of the solution and make a donation to the marketing/promotions fund to help move this project forward.  
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July 08, 2014, 10:43:43 PM
 #14289

I just woke up from last nights firefight. I was there with financial support, and support for the Development team, but it really felt like some members were running out their foxholes a little prematurely.

Bitcad4u... I am the Houdini of Cryptos. I always know when to pull the plug. XC is young child with endless possibilities... not an old geezer on life support. I respect your decision, but next time if you feel the urge to pull out... please don't lob a grenade into the trench. Just head for the treeline and keep your head down until the dust settles. Dan and the other members of the development team have earned a little leeway.

synechist... you are one classy individual. Absolutely love having you here!
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July 08, 2014, 10:47:06 PM
 #14290

I should also note this was not a test of the anon but of the trust less transferring to and from mixers.

Woof,,, You saved my mind! Special thanks!

Can you figure out whether test of anonymity itself were made or being scheduled to? Some links?

Being tax officer, I heatedly interested in persons receiveing any income of any origin. Can I throw them in a jail by the way very similar to Bitcoin?

P.s. As for drugs, it's not my fucking business, let it be Drug Enforcement Administration's headache.


You dont go to jail for not paying taxes you idiot. If that was the case thousands of federal workers themselves would be in jail right now for they owe billions in back taxes themselves.

Edit: One more thing while you got me going, no where does it say from XC to do illegal activities including not paying taxes.

u can go to jail for tax evasion man trust me man. 

Ask Wesley Snipes about not paying taxes.

Or Al Capone for that matter
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July 08, 2014, 11:03:13 PM
 #14291

As you mentioned correctly, I being idiot, has medical reasons to collect taxes at large. So I throw you to jail ))
Joking apart, where is X11coin's superior anonymity compared with Bitcoin's one? All the offer I see is just decetalized mixing feature, that may save from Drug Enforcement Administration, but can not defend from Internal Revenue Service.
Where I misunderstood? Why Bitcoin is not sufficient?
I don't think anyone is advocating not paying taxes or hiding stuff from the taxman. The problem with Bitcoin is that if someone knows your address then they can see an awful lot about your financial situation.
A lot of people don't want their finances to be that open to (potentially) anyone, but that doesn't mean they want to avoid legitimate taxation.
So Bitcoin is good, but it's potentially a bit too open for a lot of people.
XC is a coin that can deal with this. And it may be the best one, we can't say for sure yet as there is alot going on in this space, but a lot of things about it and the team deserve IMHO serious consideration,.
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July 08, 2014, 11:07:35 PM
 #14292

As you mentioned correctly, I being idiot, has medical reasons to collect taxes at large. So I throw you to jail ))
Joking apart, where is X11coin's superior anonymity compared with Bitcoin's one? All the offer I see is just decetalized mixing feature, that may save from Drug Enforcement Administration, but can not defend from Internal Revenue Service.
Where I misunderstood? Why Bitcoin is not sufficient?
I don't think anyone is advocating not paying taxes or hiding stuff from the taxman. The problem with Bitcoin is that if someone knows your address then they can see an awful lot about your financial situation.
A lot of people don't want their finances to be that open to (potentially) anyone, but that doesn't mean they want to avoid legitimate taxation.
So Bitcoin is good, but it's potentially a bit too open for a lot of people.

Thank you , for you put it in normal words for people to understand Smiley
Plus I just get a little pissed when people think that folks in cryptos are only in it to do ill deeds. To me that is a personal attack on my character, I dont take such things lightly. Ive tried to live a honest life for the most part, with a few bumps in the road, but over all like to think of myself as a good person.... and crap like that comes up.

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July 08, 2014, 11:08:11 PM
 #14293

TRUSTLESS MIXER SUCCESS!!! Tested with the main man ATC himself on the main network.

http://cryptexplorer.com/tx/3a8446b55996c253cf35c19b7de29bce3351a55bf10eb03506e659815ba4870b#o0


May be I misunderstood... I can not distinguish who payed whom, because there are 3 inputs and 6 outputs in a single transaction. But if I consider that 6 outputs alone, I can see what amount of coins has been received by every address:

Index   Redeemed at input   Amount   To address   ScriptPubKey
0    Not yet redeemed    1    XKNypbESp4cUGAKEJPMUhUFJPA8trns7Dp    DUP HASH160 20:5815...8aa4 EQUALVERIFY CHECKSIG
1    Not yet redeemed    220.379627    XTgfrwqtBPcbP61ZJ6YhD6iKmTDzWLBUua    DUP HASH160 20:b32e...4eff EQUALVERIFY CHECKSIG
and so on.

Given me to be a tax officer, I say to the adress XKNypbESp4cUGAKEJPMUhUFJPA8trns7Dp: "pay tax 10% or 0.1", XTgfrwqtBPcbP61ZJ6YhD6iKmTDzWLBUua: pay tax 10% or 22.0379627 and so on..

What is wrong with me? Where I mistake?

You also tax the change

btw: See absolute no way to trace where that payment wend, it's just not on the bc Smiley
Can't wait for the wallet to finalize so we can start collecting for a big bounty to track this

Being tax officer, I am quite short-sighted creature, I just wanna get as more taxes as I could.

Agree, I can not tax decentralized mixer, so I throw this rotten idea. Also I throw address XKNypbESp4cUGAKEJPMUhUFJPA8trns7Dp - tax too low to be profitable to take.

Instead, just like at Bitcoin blockchain, I focus upon address XTgfrwqtBPcbP61ZJ6YhD6iKmTDzWLBUua, and shake out all the 22.0379627 money from it.

Does upcoming Rev.3 fixes this issue?

P.s. I mentioned Income tax (not Profit tax). Income tax is widely common in the world.


The US Gov't has determined that cryptocurrency is property.  Therefore you have a cost basis and this is not taxed until the dollars are transferred to Fiat.  It is only then taxed if your transfer amount is higher than your cost basis.  This is then taxed at capital gain rates of  0- 20%  if property held for a year or more, and ordinary income if less than a year.   If you would barter said property for goods and services the seller would need to estimate the value of the property exchanges as their cost basis on the said transaction.
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July 08, 2014, 11:10:39 PM
 #14294

Ya, what's the difference between your beloved XMR and bitcoin (besides XMR bloating the blockchain that is)?  

Hmm. Almost nothing... Source codes were opened from the very beginning as for BTC & for XMR. It's not a difference...

Two independend teams (Cryptonote & XMR) did academical work on prove strict anonimity by design.

G. Maxwell, core Bitcoin dev, did not hide his interest in Cryptonote technology and wrote scepticism about coinbase-like mixing approaches, used in DRK & XC.

Cryptonote team made challenge to all, by not just open the source code, but by make forked Cryptonote coins easy in few step-by-step instructions.

P.S. Bloating is not so terrible, 1.3 to 1.5 Gb in a month, note exchange volume of XMR is greater than other coins. 1Tb HDD are cheaper and cheaper every single day.

Disadvantage, XMR can not stake coins in Android/iOS wallet, as XC can. Also it's PoW, CryptoNight is very hard for ASICs, a lot harder than X11 algo.

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July 08, 2014, 11:13:56 PM
 #14295



P.S. Bloating is not so terrible, 1.3 to 1.5 Gb in a month, note exchange volume of XMR is greater than other coins. 1Tb HDD are cheaper and cheaper every single day.





Actually that is very terrible
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July 08, 2014, 11:15:08 PM
 #14296

Price swings always brings the trolls posts.

When the price rises it's jealously or fear from competing coins. When the price falls it's from people who have sold who hope their trolls will lower the price further.

Fact is, anyone can do their research and the XC platform is looking v solid.

I would rather things were done at a slower pace, with TESTING, than botched releases put out there.

 
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July 08, 2014, 11:18:51 PM
 #14297

Price swings always brings the trolls posts.

When the price rises it's jealously or fear from competing coins. When the price falls it's from people who have sold who hope their trolls will lower the price further.

Fact is, anyone can do their research and the XC platform is looking v solid.

I would rather things were done at a slower pace, with TESTING, than botched releases put out there.

Yea and then we can just fork after fork after fork!

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July 08, 2014, 11:22:44 PM
 #14298


(XMR advertising removed)


Then, go invest in your XMR and stay in that thread...   We don't need XMR 1.3-1.5 GB blockchain EVERY MONTH...   If you want to download that every month, then feel free.  This is the XC forum. 

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July 08, 2014, 11:24:12 PM
 #14299


(XMR advertising removed)


Then, go invest in your XMR and stay in that thread...   We don't need XMR 1.3-1.5 GB blockchain EVERY MONTH...   If you want to download that every month, then feel free.  This is the XC forum.  

Yes, please stop advertising other coins. Vote with your wallet and so far more people are voting for XC.
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July 08, 2014, 11:24:12 PM
 #14300

As you mentioned correctly, I being idiot, has medical reasons to collect taxes at large. So I throw you to jail ))
Joking apart, where is X11coin's superior anonymity compared with Bitcoin's one? All the offer I see is just decetalized mixing feature, that may save from Drug Enforcement Administration, but can not defend from Internal Revenue Service.
Where I misunderstood? Why Bitcoin is not sufficient?
I don't think anyone is advocating not paying taxes or hiding stuff from the taxman. The problem with Bitcoin is that if someone knows your address then they can see an awful lot about your financial situation.
A lot of people don't want their finances to be that open to (potentially) anyone, but that doesn't mean they want to avoid legitimate taxation.
So Bitcoin is good, but it's potentially a bit too open for a lot of people.

Thank you , for you put it in normal words for people to understand Smiley
Plus I just get a little pissed when people think that folks in cryptos are only in it to do ill deeds. To me that is a personal attack on my character, I dont take such things lightly. Ive tried to live a honest life for the most part, with a few bumps in the road, but over all like to think of myself as a good person.... and crap like that comes up.
The technology of BTC and other crypto's has tremendous benefits for humanity. Smiley
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