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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483649 times)
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tat123
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July 23, 2014, 11:31:36 PM
 #17721

Im a little off put here.  We had Mindfox review our code as he is a somewhat respected member of the BTCtalk community.

 Now he has his own shit clone which is presenting falsified information about the source we recently opened up.  He is claiming he has bettered our rev1 technology... not by actually doing anything with it but by lying and stating there were all sorts of issues that he and his PnD shit team have fixed. And now how they are moving ahead of our progression.  

 So why again are we opening source?  I get all the high and mighty fucktards on reptiliea or w/e's thread stating they wont look twice at a coin that isnt open sourced fully but who gives a crap.

 Those condescending "Coin analysts" will eventually see the light if they can get each others knob ends out of each others mouths long enough to say something constructive not talk about how much of a crypto hipster they are.

Just hold strong fellow XC'ers  don't let the crypto hipsters get to you!



I did not know that Mindfox copied the XC code from Rev1.  Supposedly he's a great programmer, so instead of stealing the code from XC, why not just create it yourself.  

I hate to say it, but I hope there was something malicious/not working in the open source code that was released.  Boy.....wouldn't that be a lesson to learn for those copy-fucks.  

I wouldn't even bother making any future revs available for open source.  Let this all be a lesson.

You don't trust closed-source?  Fuck off, and invest elsewhere.  



The fact is that this KeyCoin thing is free PR for XC.

And it's good PR because nothing spreads like contention. (In fact, it's my favourite sort of game.)

This is exactly what releasing code on a delayed timeline is good for: showing up stupid coins, helping XC rise to prominence, and providing valuable tech to real devs who want to study it and do some real work.

So all's well. Nothing to worry about. :-)





What?  This is not good PR.  Was the "contention" that occurred after the first big run up when a bunch of Dark coiners said XC tech didn't work good PR?  No.  This is a similar (although much lesser) situation.

XC is valuable because it is differentiated and has better functionality.  Someone with an audience running around saying that the functionality is actually worse and poorly differentiated is not a good thing.  

Also I agree with battbot's prior points about the whitepaper.  At some point after all the Dark sniping the XC team appears to have decided that it doesn't want to compare itself to other coins and make a clear case for why it is the better solution.  But if people do not think it is better, why would they invest in it on the expectation that it will be the market winner?

XC needs a well thought out whitepaper that clearly states why it is a superior solution, and why it will be adopted over competitors.  I agree that there are some challenges doing so without revealing IP, but that is not a reason to avoid the issue until v3.  Note the pretty large fall in price after the v2 launch, as many investors lose confidence that XC has the best solution...  At some point constant investor losses irreparably damage your community (paging battbot to give a Cinni case study here, although I do think it's obvious that Dan is a vastly stronger developer and leader than the Cinni dev, no offense intended).

So strength of community matters, and it is being hurt by people not having a clear case to point to as to why XC is a superior solution.  Pointing vaguely at "multipath" et al is evidently not sufficient.  A real case for what that means in terms of security, reliability, privacy, etc. would be very valuable. Disagree?

I have to agree with you here XC is clearly flying under the radar. Nobody has XC on their lips when they talk about the future winner. We have to compare ourself to the best anon and clearly showing and explaining why it's the best. You guys are trying to build an ecosystem on your side but nobody knows about it.

Even if XC is the best tech out there if people doesn't know about it, it's pointless. VHS vs Beta, BlueRay vs HD-DVD. ETC.

I never see XC mentionned on the twitter feeds, IRC, BCT and that's a REAL problem imo. Everyone should have XC in their top 5 imo.


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July 23, 2014, 11:33:35 PM
 #17722

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.
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July 23, 2014, 11:34:54 PM
 #17723

Still loving the discussion! Ill be back  Cool
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July 23, 2014, 11:41:01 PM
 #17724

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

this. everything will be irrelevant in a month, in 2 months


Don't believe me? Believe the facts:

1 month ago, people were not sure atsecure is Dan.
2 months ago, whales pumped&dumped the coin, which was accused of fedora code cloning.

Do any or both of these facts look like a joke to you now? Current price will feel like a joke as well, give it time.

ps: there a really nice price speculation topic in my sig for new people to talk about price---updating poll as well Smiley

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
infinitechaos
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July 23, 2014, 11:45:28 PM
 #17725


I agree with what you just wrote, but we should always look for opportunities to improve. We need to create an environment where people are both excited about the future and hesitant to sell off their coins.

Having the price tank like this in between revisions doesn't make for healthy growth imo.

From a long-term perspective, the price did not tank. What happened was a speculation bubble formed leading up to the REV2 release date. This bubble significantly inflated the price above the upwards trend line. When the expectations of the speculators concerning REV2 were not adequately met, the speculation bubble popped and the price has fallen back down to the upwards trend line. XC is up 1.69% in the last 30 days. How many other coins can say that?

Everything is fine. Let's get our expectations under control.

Speculation bubbles fueled by short-term profit-seeking day traders does not make for healthy growth.

This kind of slow and steady growth and resiliency is what we need.

One big holder could have tanked the price hard today below 100k very easily, yet no one has wanted to thus far.

Why? Because it's only the speculators leaving. And when they're gone we resume our steady upwards trend.

Lesson to be learned if you bought in the bubble: don't buy in a speculation bubble!




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BrewCrewFan
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July 23, 2014, 11:50:08 PM
 #17726


I agree with what you just wrote, but we should always look for opportunities to improve. We need to create an environment where people are both excited about the future and hesitant to sell off their coins.

Having the price tank like this in between revisions doesn't make for healthy growth imo.

From a long-term perspective, the price did not tank. What happened was a speculation bubble formed leading up to the REV2 release date. This bubble significantly inflated the price above the upwards trend line. When the expectations of the speculators concerning REV2 were not adequately met, the speculation bubble popped and the price has fallen back down to the upwards trend line. XC is up 1.69% in the last 30 days. How many other coins can say that?

Everything is fine. Let's get our expectations under control.

Speculation bubbles fueled by short-term profit-seeking day traders does not make for healthy growth.

This kind of slow and steady growth and resiliency is what we need.

One big holder could have tanked the price hard today below 100k very easily, yet no one has wanted to thus far.

Why? Because it's only the speculators leaving. And when they're gone we resume our steady upwards trend.





People want 10004985% return overnight DAMN IT!!!!

Sure it might be a slow steady climb, but when it does take off it will be fun.

As for the big bag holder, we had one I think that did unload last night. Good riddance. The playing and locking in the market does not help... cept those that want to buy cheaper coins.

Free SIGNs giving everyday. Be part, do not miss!.
SqMe5ceYfdcGsRyVpgvpYb6bRLS9j8omvB

XChat : Addy : XYuZESQpeMtZ2wit8nVVnXKGytfiaTBCo6 PubKey : eteshLzeq8Bh54BRjGSunMTc6Ytxtk7HYaSmDYMQn61z
flashbit
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July 23, 2014, 11:55:54 PM
 #17727

If you're still on the fence or perhaps panic sold it's time to buy. You won't regret it. We just crossed MACD 2hr into green!
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July 23, 2014, 11:56:24 PM
 #17728

Anything going on here?  I have so much confidence in XC my position is on cruise control.
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July 23, 2014, 11:58:54 PM
 #17729


I agree with what you just wrote, but we should always look for opportunities to improve. We need to create an environment where people are both excited about the future and hesitant to sell off their coins.

Having the price tank like this in between revisions doesn't make for healthy growth imo.

From a long-term perspective, the price did not tank. What happened was a speculation bubble formed leading up to the REV2 release date. This bubble significantly inflated the price above the upwards trend line. When the expectations of the speculators concerning REV2 were not adequately met, the speculation bubble popped and the price has fallen back down to the upwards trend line. XC is up 1.69% in the last 30 days. How many other coins can say that?

Everything is fine. Let's get our expectations under control.

Speculation bubbles fueled by short-term profit-seeking day traders does not make for healthy growth.

This kind of slow and steady growth and resiliency is what we need.

One big holder could have tanked the price hard today below 100k very easily, yet no one has wanted to thus far.

Why? Because it's only the speculators leaving. And when they're gone we resume our steady upwards trend.





People want 10004985% return overnight DAMN IT!!!!

Sure it might be a slow steady climb, but when it does take off it will be fun.

As for the big bag holder, we had one I think that did unload last night. Good riddance. The playing and locking in the market does not help... cept those that want to buy cheaper coins.
It would be nice if that where to happen.
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July 24, 2014, 12:01:39 AM
 #17730

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

Agreed. No sense in trying to get the name out there when it isn't complete. Build a complete, 100% working product, release a whitepaper detailing why investors should invest and people that value privacy should adopt and THEN start spreading the word. If I never knew about it and heard about it today, downloaded the wallet and couldn't do a private transaction, I certainly wouldn't be coming back. Turns out, there are still issues that need resolve.
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July 24, 2014, 12:13:51 AM
 #17731

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.
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July 24, 2014, 12:36:30 AM
 #17732

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)


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July 24, 2014, 12:59:40 AM
 #17733

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early. 

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

I hold DRK, XMR, and XC, so I don't play favorites. That aside, large communities don't necessarily mean the end of any sort of traction to the upside--look at how large Doge's community is and yet it's not enough to overcome the inflation, let alone make up for the fact that it really offers nothing more than a "fun" meme coin.

No sense in trying to market yourself if what you are marketing isn't complete. Just the way it is.
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July 24, 2014, 01:00:03 AM
 #17734

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)



I'm suggesting we write a whitepaper now rather than later, or at least have a good answer to the following:  Can you point interested users, service providers and investors to a concise explanation of why we have a better anon solution than any of the following coins they might choose from:

DRK
Vericoin
Cloak

And I'm not meaning high level statments such as "we have multipath" or "we have more nodes."  Why do those characteristics matter?  Under what scenarios is XC more secure?  Why would a payment processor, ecommerce marketplace, etc, choose XC over its competitors?  

Or: what are the shortcomings to our anonymity solution?  What are the shortcomings of competing solutions?  These would all be valuable.
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July 24, 2014, 01:03:37 AM
 #17735

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early. 

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

I hold DRK, XMR, and XC, so I don't play favorites. That aside, large communities don't necessarily mean the end of any sort of traction to the upside--look at how large Doge's community is and yet it's not enough to overcome the inflation, let alone make up for the fact that it really offers nothing more than a "fun" meme coin.

No sense in trying to market yourself if what you are marketing isn't complete. Just the way it is.

So what is the point of synechist then if PR and marketing at this stage doesn't matter?  Of course it matters, which is why he plays a valuable role.  I just think he could play a much MORE valuable role.  And are you aware of the number of brands that start marketing prior to product launch?  Why do you think they do that? 

We can do a better job here.
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July 24, 2014, 01:12:16 AM
 #17736


I agree with what you just wrote, but we should always look for opportunities to improve. We need to create an environment where people are both excited about the future and hesitant to sell off their coins.

Having the price tank like this in between revisions doesn't make for healthy growth imo.

From a long-term perspective, the price did not tank. What happened was a speculation bubble formed leading up to the REV2 release date. This bubble significantly inflated the price above the upwards trend line. When the expectations of the speculators concerning REV2 were not adequately met, the speculation bubble popped and the price has fallen back down to the upwards trend line. XC is up 1.69% in the last 30 days. How many other coins can say that?

Everything is fine. Let's get our expectations under control.

Speculation bubbles fueled by short-term profit-seeking day traders does not make for healthy growth.

This kind of slow and steady growth and resiliency is what we need.

One big holder could have tanked the price hard today below 100k very easily, yet no one has wanted to thus far.

Why? Because it's only the speculators leaving. And when they're gone we resume our steady upwards trend.

Lesson to be learned if you bought in the bubble: don't buy in a speculation bubble!




I don't think the price adequately reflects the value added between last month and now. I just want to avoid having this turning into a regular occurrence upon future releases.  I understand the artificiality of spec bubbles but I wasn't anticipating this hard of a fall. I'm in no way disheartened, mind you, but I do feel like we can find ways to make the growth less....erratic?
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July 24, 2014, 01:13:46 AM
 #17737

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)



I'm suggesting we write a whitepaper now rather than later, or at least have a good answer to the following:  Can you point interested users, service providers and investors to a concise explanation of why we have a better anon solution than any of the following coins they might choose from:

DRK
Vericoin
Cloak

And I'm not meaning high level statments such as "we have multipath" or "we have more nodes."  Why do those characteristics matter?  Under what scenarios is XC more secure?  Why would a payment processor, ecommerce marketplace, etc, choose XC over its competitors?  

Or: what are the shortcomings to our anonymity solution?  What are the shortcomings of competing solutions?  These would all be valuable.

It's important that

- we do not publish our very valuable ideas before they are implemented

- we do not promise without being able to deliver

- nonetheless, we get the word out about that we have now


So a whitepaper is on the cards and in my opinion is best kept for Rev 3.

In the meantime there is a steady stream of daily communication from me to social media, the press, threads on Bitcointalk, etc. On occasion there are paid press releases. On occasion there are events, whether software releases or conferences.

I think that we're doing just fine for now.

If you think that XC should be well known already, well, these things just take time to disseminate.

Lastly your ideas about stating use-cases are solid. They're part of how I write. Nice one.



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July 24, 2014, 01:55:47 AM
 #17738



hi my friend,

i think we already are leader in anonymity, which is not actually a big concern, only need some improvement.

what interests me now are some new trends in crypto world:

1.  bitshares released their client, which boasts of incredibly fast transaction based on DPOS. and certainly they are developing DACs, which will increase  the value in future.
    Does XC is in the same or similar direction?

2. etherum, actually it is not a big concern either. the more they raise funds, the more dilution in the future. 
    but as i asked you last time.  the above question applies here too.

thanks for your continuous working here  Grin 
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July 24, 2014, 02:30:08 AM
 #17739

A lot of interesting discussion in here today!

Synechist I think you had asked earlier how the DeFUD campaign was going... I've been working on it some and Sushi will be helping as well in the future, we're both working on it for free, we can put the donations toward something else Smiley Of course additional help is greatly appreciated and I'll post in the official forum soon.
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July 24, 2014, 03:06:48 AM
 #17740

A lot of interesting discussion in here today!

Synechist I think you had asked earlier how the DeFUD campaign was going... I've been working on it some and Sushi will be helping as well in the future, we're both working on it for free, we can put the donations toward something else Smiley Of course additional help is greatly appreciated and I'll post in the official forum soon.

awesome work guys

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