synechist
Legendary
 Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 17, 2014, 02:01:01 PM |
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Does this mean no router settings are necessary to send private transactions anymore?
Routers still need to be properly configured. However only a very small minority of people will have routers that'll cause problems. Just go ahead and use the app, and if you have routing problems, let us know. |
Co-Founder, the Blocknet
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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merk475
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July 17, 2014, 02:04:38 PM |
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Announcing the latest version of the XC App: Rev 2.45! Private transactions now only take 4 minutes (instead of 30). This software is beta. Private transaction features are still under testing. However you cannot lose coins on a private transaction. Please back up your wallet.dat before installing, and maintain a backup of your private keys at all times. For help on this, visit the how-to. These updates are just minor "tweeks" right? So if I'm perfectly happy with the latest wallet, but not the latest update (I'm on the one that was updated on 7/12....I think that was 2.42), that's perfectly fine right? I just personally like to update when there are major upgrades....and if it's working fine for me, why mess with it (is how I look at it). |
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cryptico
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July 17, 2014, 02:06:07 PM |
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Does this mean no router settings are necessary to send private transactions anymore?
Routers still need to be properly configured. However only a very small minority of people will have routers that'll cause problems. Just go ahead and use the app, and if you have routing problems, let us know. I have already tried with the previous versions and did not work, Unfortunately I have those problems |
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SushiChef
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July 17, 2014, 02:06:29 PM |
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Announcing the latest version of the XC App: Rev 2.45! Private transactions now only take 4 minutes (instead of 30). This software is beta. Private transaction features are still under testing. However you cannot lose coins on a private transaction. Please back up your wallet.dat before installing, and maintain a backup of your private keys at all times. For help on this, visit the how-to. Could the loading screen and the programbar also be updated with the word App instead of Wallet  or is this something for the new UI |
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maxsinner
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July 17, 2014, 02:10:27 PM |
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Hi, I am considering buying some XC but have not followed the coin in quite a while. Could somebody please brief me what is the benefit of owning an xnode? Thanks a lot!
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 17, 2014, 02:12:18 PM |
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Hi, I am considering buying some XC but have not followed the coin in quite a while. Could somebody please brief me what is the benefit of owning an xnode? Thanks a lot!
Hey hey. XC is the leading technology for private transactions. Testing has shown no link on the blockchain between sender and receiver on XC's Rev. 1.5 app: https://bitcointalk.org/index.php?topic=630547.msg7310485#msg7310485The Rev 2.0 app incorporates a world-first: trustless decentralised mixing. Henceforth, transactions can be forwarded by a node without needing to trust the node. There will be substantial bounties offered in the near future for anyone who can provably break XC's anonymity. XC recently added some world-class people to its team, and these people are using their real names and putting their reputations on the line: http://www.xc-official.com/the-xc-team/XC is completely decentralised and not semi-centralised like some competing anon projects. XC makes its code available to the public on a delayed timeline. More info: http://www.xc-official.com/ http://uk.reuters.com/article/2014/07/02/idUKnGNXbb8nSq+1c2+GNW20140702 |
Co-Founder, the Blocknet
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maxsinner
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July 17, 2014, 02:13:57 PM |
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Hi, I am considering buying some XC but have not followed the coin in quite a while. Could somebody please brief me what is the benefit of owning an xnode? Thanks a lot!
Hey hey. XC is the leading technology for private transactions. Testing has shown no link on the blockchain between sender and receiver on XC's Rev. 1.5 app: https://bitcointalk.org/index.php?topic=630547.msg7310485#msg7310485The Rev 2.0 app incorporates a world-first: trustless decentralised mixing. Henceforth, transactions can be forwarded by a node without needing to trust the node. There will be substantial bounties offered in the near future for anyone who can provably break XC's anonymity. XC recently added some world-class people to its team, and these people are using their real names and putting their reputations on the line: http://www.xc-official.com/the-xc-team/XC is completely decentralised and not semi-centralised like some competing anon projects. XC makes its code available to the public on a delayed timeline. More info: http://www.xc-official.com/ http://uk.reuters.com/article/2014/07/02/idUKnGNXbb8nSq+1c2+GNW20140702Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? |
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rockstahh
Member
Offline
Activity: 70
Merit: 10
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July 17, 2014, 02:25:13 PM |
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Announcing the latest version of the XC App: Rev 2.45! Private transactions now only take 4 minutes (instead of 30). This software is beta. Private transaction features are still under testing. However you cannot lose coins on a private transaction. Please back up your wallet.dat before installing, and maintain a backup of your private keys at all times. For help on this, visit the how-to. I would think this would evoke a bigger reaction. |
1MKvsb5ULZrJqX9UjBpgESvfn5ftSg85qH
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conradjohnson
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July 17, 2014, 02:27:18 PM |
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Hi, I am considering buying some XC but have not followed the coin in quite a while. Could somebody please brief me what is the benefit of owning an xnode? Thanks a lot!
Hey hey. XC is the leading technology for private transactions. Testing has shown no link on the blockchain between sender and receiver on XC's Rev. 1.5 app: https://bitcointalk.org/index.php?topic=630547.msg7310485#msg7310485The Rev 2.0 app incorporates a world-first: trustless decentralised mixing. Henceforth, transactions can be forwarded by a node without needing to trust the node. There will be substantial bounties offered in the near future for anyone who can provably break XC's anonymity. XC recently added some world-class people to its team, and these people are using their real names and putting their reputations on the line: http://www.xc-official.com/the-xc-team/XC is completely decentralised and not semi-centralised like some competing anon projects. XC makes its code available to the public on a delayed timeline. More info: http://www.xc-official.com/ http://uk.reuters.com/article/2014/07/02/idUKnGNXbb8nSq+1c2+GNW20140702Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes. |
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JakeThePanda
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July 17, 2014, 02:28:25 PM |
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Announcing the latest version of the XC App: Rev 2.45! Private transactions now only take 4 minutes (instead of 30). This software is beta. Private transaction features are still under testing. However you cannot lose coins on a private transaction. Please back up your wallet.dat before installing, and maintain a backup of your private keys at all times. For help on this, visit the how-to. I would think this would evoke a bigger reaction. Why? Most people following this thread are already in XC. Once XC is officially released with all the features, 100% of the marketing attention should be focused on outside the BitcoinTalk forum. Someone needs to reach out to high profile tech celebs like Ashton Kutcher, venture capitalists, and other industry leaders in technology. |
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G-Bert
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July 17, 2014, 02:29:28 PM |
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Hi, I am considering buying some XC but have not followed the coin in quite a while. Could somebody please brief me what is the benefit of owning an xnode? Thanks a lot!
Hey hey. XC is the leading technology for private transactions. Testing has shown no link on the blockchain between sender and receiver on XC's Rev. 1.5 app: https://bitcointalk.org/index.php?topic=630547.msg7310485#msg7310485The Rev 2.0 app incorporates a world-first: trustless decentralised mixing. Henceforth, transactions can be forwarded by a node without needing to trust the node. There will be substantial bounties offered in the near future for anyone who can provably break XC's anonymity. XC recently added some world-class people to its team, and these people are using their real names and putting their reputations on the line: http://www.xc-official.com/the-xc-team/XC is completely decentralised and not semi-centralised like some competing anon projects. XC makes its code available to the public on a delayed timeline. More info: http://www.xc-official.com/ http://uk.reuters.com/article/2014/07/02/idUKnGNXbb8nSq+1c2+GNW20140702Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes you get transaction fees for running a node. the smount depends on the amount of anon transactions. |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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maxsinner
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July 17, 2014, 02:30:02 PM |
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Hi, I am considering buying some XC but have not followed the coin in quite a while. Could somebody please brief me what is the benefit of owning an xnode? Thanks a lot!
Hey hey. XC is the leading technology for private transactions. Testing has shown no link on the blockchain between sender and receiver on XC's Rev. 1.5 app: https://bitcointalk.org/index.php?topic=630547.msg7310485#msg7310485The Rev 2.0 app incorporates a world-first: trustless decentralised mixing. Henceforth, transactions can be forwarded by a node without needing to trust the node. There will be substantial bounties offered in the near future for anyone who can provably break XC's anonymity. XC recently added some world-class people to its team, and these people are using their real names and putting their reputations on the line: http://www.xc-official.com/the-xc-team/XC is completely decentralised and not semi-centralised like some competing anon projects. XC makes its code available to the public on a delayed timeline. More info: http://www.xc-official.com/ http://uk.reuters.com/article/2014/07/02/idUKnGNXbb8nSq+1c2+GNW20140702Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes. Thanks. Is the exact formula of payments for the xnodes already known or it's still up for discussion? |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 17, 2014, 02:32:23 PM |
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Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way?
Yes you get transaction fees for running a node. the amount depends on the amount of anon transactions. Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes. Thanks. Is the exact formula of payments for the xnodes already known or it's still up for discussion? We're still considering options for tx fees. Higher fees incentivises node owners; lower fees incentivises user adoption of the network and makes it more competitive. We'll start discussing this stuff later though. For now we're getting private transactions nailed down. |
Co-Founder, the Blocknet
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maxsinner
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July 17, 2014, 02:35:18 PM |
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Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way?
Yes you get transaction fees for running a node. the amount depends on the amount of anon transactions. Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes. Thanks. Is the exact formula of payments for the xnodes already known or it's still up for discussion? We're still considering options for tx fees. Higher fees incentivises node owners; lower fees incentivises user adoption of the network and makes it more competitive. We'll start discussing this stuff later though. For now we're getting private transactions nailed down. Lower fees will be beneficial for everybody. Xnodes will be getting paid more with higher turnover. Anyway, thanks a lot for all the replies. I will secure a couple of nodes worth of XC. |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 17, 2014, 02:46:04 PM |
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Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way?
Yes you get transaction fees for running a node. the amount depends on the amount of anon transactions. Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes. Thanks. Is the exact formula of payments for the xnodes already known or it's still up for discussion? We're still considering options for tx fees. Higher fees incentivises node owners; lower fees incentivises user adoption of the network and makes it more competitive. We'll start discussing this stuff later though. For now we're getting private transactions nailed down. Lower fees will be beneficial for everybody. Xnodes will be getting paid more with higher turnover. Anyway, thanks a lot for all the replies. I will secure a couple of nodes worth of XC. +1 |
Co-Founder, the Blocknet
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Driv3n
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July 17, 2014, 02:49:08 PM |
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Announcing the latest version of the XC App: Rev 2.45! Private transactions now only take 4 minutes (instead of 30). This software is beta. Private transaction features are still under testing. However you cannot lose coins on a private transaction. Please back up your wallet.dat before installing, and maintain a backup of your private keys at all times. For help on this, visit the how-to. Badass, I love the progress thats being made. Having transaction times down to 4 minutes is a big step, I'm looking forward to see how further testing goes. Thanks for the updates. |
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FoldingTime
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July 17, 2014, 02:50:10 PM |
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Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way?
Yes you get transaction fees for running a node. the amount depends on the amount of anon transactions. Hi, mate. Thanks for that information but it does not really answer my question. What I wanted to know was if the xnodes were getting paid for processing transactions in any way? Yes. Thanks. Is the exact formula of payments for the xnodes already known or it's still up for discussion? We're still considering options for tx fees. Higher fees incentivises node owners; lower fees incentivises user adoption of the network and makes it more competitive. We'll start discussing this stuff later though. For now we're getting private transactions nailed down. Lower fees will be beneficial for everybody. Xnodes will be getting paid more with higher turnover. Anyway, thanks a lot for all the replies. I will secure a couple of nodes worth of XC. I agree, very low fees to encourage mass user adoption are the first steps. Xnode revenue to come from high turnover. |
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Queeq
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July 17, 2014, 03:01:04 PM |
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Have anyone calculated what is the overhead of anonymous transaction compared to non-anonymous, in percentage terms? I'm interested how scalable this would be.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 17, 2014, 03:07:04 PM |
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Have anyone calculated what is the overhead of anonymous transaction compared to non-anonymous, in percentage terms? I'm interested how scalable this would be.
Not that I'm aware. Probably best to wait until Rev 2 is completed though. :-) |
Co-Founder, the Blocknet
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demgains
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July 17, 2014, 03:17:09 PM |
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Have anyone calculated what is the overhead of anonymous transaction compared to non-anonymous, in percentage terms? I'm interested how scalable this would be.
Not that I'm aware. Probably best to wait until Rev 2 is completed though. :-) what is the current status on Rev2? I know its close to being complete but can you give a rough estimate? |
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