CryptoGretzky
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July 28, 2014, 06:40:31 AM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now.
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leigh2k14
Legendary
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Activity: 1288
Merit: 1000
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July 28, 2014, 07:23:52 AM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode?
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cryptico
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July 28, 2014, 07:49:49 AM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode? Yes but the payment has not yet been decided and is not active in the node yet. I think this will be added in Rev 2.5 Synechist might be able to clarify.
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leigh2k14
Legendary
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Activity: 1288
Merit: 1000
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July 28, 2014, 07:58:24 AM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode? Yes but the payment has not yet been decided and is not active in the node yet. I think this will be added in Rev 2.5 Synechist might be able to clarify. The sooner we get a fee for running an Xnode the sooner this coin takes off.
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prospect
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July 28, 2014, 08:39:31 AM |
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Ha looks like they have just about every crypto on there... I recently worked through the old thread for the DeFUD campaign so I'll send them a message and see what happens. I'll check out that thread as well.
Hey Driv3n. Exciting to hear about the progress of the DeFUD campaign. How far along are you? I react to one thing in OP, using the short version "it'll" instead of "it will be" does not sound that professional. Call me a whiner Kind regards
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Hermann1337
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Activity: 1003
Merit: 1000
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July 28, 2014, 08:40:29 AM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode? Yes but the payment has not yet been decided and is not active in the node yet. I think this will be added in Rev 2.5 Synechist might be able to clarify. The sooner we get a fee for running an Xnode the sooner this coin takes off. +1 waiting for this since i first heard the word xnode!
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synechist
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 28, 2014, 09:53:54 AM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode? Yes but the payment has not yet been decided and is not active in the node yet. I think this will be added in Rev 2.5 Synechist might be able to clarify. The sooner we get a fee for running an Xnode the sooner this coin takes off. +1 waiting for this since i first heard the word xnode! Yes I think there is some degree of an incentive to use XC if Xnode fees are charged. However I do not think the incentive is all that great, since the fees will not be particularly high. (And if the fees were high, then we'd disincentivise people from using XC to make payments.) To my mind by far the greatest incentive to invest in XC is its solid fundamentals. At this stage you make money out of investing early, not by processing transactions. Transaction fees would become a viable income when XC becomes truly mainstream. Before then, they're just not that much of an incentive. That said, we're still considering what fees will be charged for private transactions, and whether there's sufficient warrant for a minimum wallet balance. We will, of course, keep you posted on this as things develop. Just don't expect it to change people's behaviour much when we announce these details. What'll change wallet usage is Privacy Mode and a great client for secure instant messaging, and those are on the way.
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Co-Founder, the Blocknet
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cryptico
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July 28, 2014, 10:39:26 AM Last edit: July 28, 2014, 11:01:28 AM by cryptico |
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Yes I think there is some degree of an incentive to use XC if Xnode fees are charged.
However I do not think the incentive is all that great, since the fees will not be particularly high.
(And if the fees were high, then we'd disincentivise people from using XC to make payments.)
To my mind by far the greatest incentive to invest in XC is its solid fundamentals. At this stage you make money out of investing early, not by processing transactions.
Transaction fees would become a viable income when XC becomes truly mainstream. Before then, they're just not that much of an incentive.
That said, we're still considering what fees will be charged for private transactions, and whether there's sufficient warrant for a minimum wallet balance. We will, of course, keep you posted on this as things develop.
Just don't expect it to change people's behaviour much when we announce these details. What'll change wallet usage is Privacy Mode and a great client for secure instant messaging, and those are on the way.
I am dazzled on How Professionally this project is being developed everything here screams Full Business approach and not just Crypto Price speculation coin... XC will be Indeed the Market Leader in the Crypto Economy in the near Future. Superior Tech, amazing PR and the First Crypto managed as a real Company. You are buying Early Shares in the most amazing innovative tek Company in the New Crypto Economy. Congrats Folks!
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rockstahh
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July 28, 2014, 11:10:20 AM |
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This is Synechist the morning that REV3 is released! ha ha...! Done in the spirit of fun, I hope you can take a joke syne!
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1MKvsb5ULZrJqX9UjBpgESvfn5ftSg85qH
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synechist
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 28, 2014, 11:19:12 AM |
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This is Synechist the morning that REV3 is released! ha ha...!
[Snip]
Done in the spirit of fun, I hope you can take a joke syne!
Ha ha! My goodness. I'm having trouble maintaining my gaze on the screen with that gif cycling round!
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Co-Founder, the Blocknet
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CrazyLeoW
Full Member
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Activity: 126
Merit: 100
XC
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July 28, 2014, 11:26:26 AM |
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How about the UI update preview?
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xchat: XNvUSCdvZgZcXsYd3Gs91w8tKQmeMKHS9G Pubkey: 2Ax9bYXwifbqyxsmC9pbhfGyPoLJNf3wdtQ7dFdzKK1ZX
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synechist
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 28, 2014, 11:33:33 AM |
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How about the UI update preview? Heh. Rev 2.5 ;-)
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Co-Founder, the Blocknet
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Queeq
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July 28, 2014, 11:43:07 AM |
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cryptico
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July 28, 2014, 11:51:25 AM |
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How about the UI update preview? Heh. Rev 2.5 ;-) End Of July? Make me Jizz
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tr8kr
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July 28, 2014, 12:10:49 PM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode? Yes but the payment has not yet been decided and is not active in the node yet. I think this will be added in Rev 2.5 Synechist might be able to clarify. The sooner we get a fee for running an Xnode the sooner this coin takes off. +1 waiting for this since i first heard the word xnode! Yes I think there is some degree of an incentive to use XC if Xnode fees are charged. However I do not think the incentive is all that great, since the fees will not be particularly high. (And if the fees were high, then we'd disincentivise people from using XC to make payments.) To my mind by far the greatest incentive to invest in XC is its solid fundamentals. At this stage you make money out of investing early, not by processing transactions. Transaction fees would become a viable income when XC becomes truly mainstream. Before then, they're just not that much of an incentive. That said, we're still considering what fees will be charged for private transactions, and whether there's sufficient warrant for a minimum wallet balance. We will, of course, keep you posted on this as things develop. Just don't expect it to change people's behaviour much when we announce these details. What'll change wallet usage is Privacy Mode and a great client for secure instant messaging, and those are on the way. This an old post where i was suggesting some idea to support the cost of running an xnode and balance the fact that when you reserve a balance you dont stake that reserve and lost the 3,3% of interest in staking. Right now i dont know if running the new wallet use again this reserve balance. http://xctalk.com/index.php?/topic/71-xnode-and-the-incentive-to-run-it/Using this technology for becoming anonym cant be free that my vision. Discuss ?
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hoertest
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July 28, 2014, 12:11:54 PM |
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How about the UI update preview? Heh. Rev 2.5 ;-) please share the new privacy feature before. Also last try for new thread title.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 28, 2014, 12:36:06 PM |
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Hi guys, I haven't been following this thread for a while.
I have a quick question: Have you implemented Xnode system where you stake the 550XC to run the node?
They removed the requirement to have 550 XC to be an Xnode. That might change later on, but for now, you don't need it. Every wallet is an Xnode now. I see. I think this is one of the reasons why this coin hasn't taken off, people want to earn extra coins through running a node, unless i'm mistaken and you get a payment for running a Xnode? Yes but the payment has not yet been decided and is not active in the node yet. I think this will be added in Rev 2.5 Synechist might be able to clarify. The sooner we get a fee for running an Xnode the sooner this coin takes off. +1 waiting for this since i first heard the word xnode! Yes I think there is some degree of an incentive to use XC if Xnode fees are charged. However I do not think the incentive is all that great, since the fees will not be particularly high. (And if the fees were high, then we'd disincentivise people from using XC to make payments.) To my mind by far the greatest incentive to invest in XC is its solid fundamentals. At this stage you make money out of investing early, not by processing transactions. Transaction fees would become a viable income when XC becomes truly mainstream. Before then, they're just not that much of an incentive. That said, we're still considering what fees will be charged for private transactions, and whether there's sufficient warrant for a minimum wallet balance. We will, of course, keep you posted on this as things develop. Just don't expect it to change people's behaviour much when we announce these details. What'll change wallet usage is Privacy Mode and a great client for secure instant messaging, and those are on the way. This an old post where i was suggesting some idea to support the cost of running an xnode and balance the fact that when you reserve a balance you dont stake that reserve and lost the 3,3% of interest in staking. Right now i dont know if running the new wallet use again this reserve balance. http://xctalk.com/index.php?/topic/71-xnode-and-the-incentive-to-run-it/Using this technology for becoming anonym cant be free that my vision. Discuss ? At present it isn't free to make an anonymous transaction. It costs 0.00001XC, or something (can't remember). You can run your Xnode and earn 3.33% interest on your entire balance; you no longer have to lose out on the interest on the 550XC that you previously had to reserve for an Xnode. In future we may increase the transaction fee, and this would pay Xnode owners to keep their apps running. However I doubt that we'll do this for the following reasons: - increasing fees will disincentivise people from using XC - XChat will incentivise people to keep their apps running, so we won't need to provide a further incentive. However there may still be use-cases for trusted Xnodes. In such cases there's a reason to require a minimum balance and charge higher fees. I'm honestly not sure what these use-cases are because I haven't chatted about it with Dan in enough detail yet, but this could be one (of several?) ways in which you can earn transaction fees for running an Xnode.
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Co-Founder, the Blocknet
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 28, 2014, 12:39:12 PM |
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How about the UI update preview? Heh. Rev 2.5 ;-) please share the new privacy feature before. Also last try for new thread title. The undisclosed privacy feature will come before Rev 2.5, because it's a Rev 2 feature. :-) As for a new thread title, you'll have to ask Teka because he's the moderator. How about "[ANN][XCurrency] Trustless mixing; multipath; encrypted P2P instant messaging"
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Co-Founder, the Blocknet
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Driv3n
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July 28, 2014, 12:54:41 PM |
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How about the UI update preview? Heh. Rev 2.5 ;-) End Of July? Make me Jizz You mean that gif doesnt do it for you??
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Artoodeetoo
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July 28, 2014, 12:58:14 PM |
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REV 2.5 is end of July? Yay if thats correct.. One request if you please.... Please release it properly and not at 23:59 on the 31st in a non complete state Would rather have it as intended even if it means waiting longer.
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DASH #DashDC #DashIntoDigitalCash
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