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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483644 times)
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flunkie
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July 29, 2014, 06:50:58 PM
 #18221

So, I've been doing a little research on XC and other anonymous coins, just so that I can have a better understanding of something I might invest in. I'm a little hung up on how the xNode protocol works, though. Is it like Monero's CryptoNote? I'm not sure if there's tension between XC and Monero/CryptoNote/etc, and if there is then I'll bring my question elsewhere. Not trying to cause any trouble, I'm just genuinely curious.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Teka (OP)
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July 29, 2014, 07:03:45 PM
 #18222

So, I've been doing a little research on XC and other anonymous coins, just so that I can have a better understanding of something I might invest in. I'm a little hung up on how the xNode protocol works, though. Is it like Monero's CryptoNote? I'm not sure if there's tension between XC and Monero/CryptoNote/etc, and if there is then I'll bring my question elsewhere. Not trying to cause any trouble, I'm just genuinely curious.

I'ts a decentrlised multipath anon system. Basically every wallet is a node, every time you send a anon tx it goes to multiple nodes.
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July 29, 2014, 07:05:09 PM
 #18223

So, I've been doing a little research on XC and other anonymous coins, just so that I can have a better understanding of something I might invest in. I'm a little hung up on how the xNode protocol works, though. Is it like Monero's CryptoNote? I'm not sure if there's tension between XC and Monero/CryptoNote/etc, and if there is then I'll bring my question elsewhere. Not trying to cause any trouble, I'm just genuinely curious.

Well, the BIG difference is that multipath can be applied not only to mix currencys but general IP traffic of any kind, e.g. everything that uses the IP-protocol and all layer 4 (OSI) protocols. Cryptonote is for mixing currency transactions, period. So, you can use multipath for every service you can think of (messaging for example), and be almost 100% anonymous since you can not track the source.

Think of it as an routing protocol, eg OSPF and on every hop you perform NAT and set src address to the router.
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July 29, 2014, 08:57:00 PM
 #18224

So, I've been doing a little research on XC and other anonymous coins, just so that I can have a better understanding of something I might invest in. I'm a little hung up on how the xNode protocol works, though. Is it like Monero's CryptoNote? I'm not sure if there's tension between XC and Monero/CryptoNote/etc, and if there is then I'll bring my question elsewhere. Not trying to cause any trouble, I'm just genuinely curious.

One of Monero's faults is enormous blockchain bloat... it will never be suitable for mobile platforms because of this, and it lends to slow transaction times.

XC was built ground-up to be operable on mobile platforms, and even though transactions are divided by the trustless mixer and sent across multiple nodes and then brought back together at their final destination, there is little to no blockchain bloat in the process.  This means fast transaction times, and the ability for the devs to integrate XCurrency into mobile platforms when the time is right, opening the door to vast opportunities that have been for the most part untouched.

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July 29, 2014, 09:00:27 PM
 #18225

So, I've been doing a little research on XC and other anonymous coins, just so that I can have a better understanding of something I might invest in. I'm a little hung up on how the xNode protocol works, though. Is it like Monero's CryptoNote? I'm not sure if there's tension between XC and Monero/CryptoNote/etc, and if there is then I'll bring my question elsewhere. Not trying to cause any trouble, I'm just genuinely curious.

One of Monero's faults is enormous blockchain bloat... it will never be suitable for mobile platforms because of this, and it lends to slow transaction times.

XC was built ground-up to be operable on mobile platforms, and even though transactions are divided by the trustless mixer and sent across multiple nodes and then brought back together at their final destination, there is little to no blockchain bloat in the process.  This means fast transaction times, and the ability for the devs to integrate XCurrency into mobile platforms when the time is right, opening the door to vast opportunity that's largely been untouched.



I have heard about the bloated chain concern by some influential people before, when the topic came to XC . I admit that I am cryptotech-illiterate, but if Dan and team can provide proof through testing or plain practice(exchanges' volume), that there is idd no such problem, it might have a positive effect on XC adoption, even bigger than anon.

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
flunkie
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July 29, 2014, 09:33:02 PM
 #18226


Well, the BIG difference is that multipath can be applied not only to mix currencys but general IP traffic of any kind, e.g. everything that uses the IP-protocol and all layer 4 (OSI) protocols.

So, if there was a way to transfer larger amounts of data between clients, then you could technically build a Tor-like network on top of the XC network? Does the XC network support moving larger amounts of data right now?
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July 29, 2014, 09:48:54 PM
 #18227

Loving the latest update, the anticipation is building... Will tweet Cheesy

DASH #DashDC #DashIntoDigitalCash
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July 29, 2014, 09:59:56 PM
Last edit: July 29, 2014, 10:19:11 PM by prospect
 #18228


Well, the BIG difference is that multipath can be applied not only to mix currencys but general IP traffic of any kind, e.g. everything that uses the IP-protocol and all layer 4 (OSI) protocols.

So, if there was a way to transfer larger amounts of data between clients, then you could technically build a Tor-like network on top of the XC network? Does the XC network support moving larger amounts of data right now?

I do not see the need for tor in this case, you accomplish pretty much the same thing. But sure, tor have alot of discussions regarding multipath, http://www.researchgate.net/profile/Georg_Carle2/publication/4302670_Dynamic_Multipath_Onion_Routing_in_Anonymous_Peer-To-Peer_Overlay_Networks/links/0c960524b1c3193544000000

How much data you can move depends on the nodes in the network.. as in the "real" internet there exits bottlenecks depending upon the speed of he internet connection as well as hardware performance (however that is not usually the case anymore). Short answer, yes, you can ship big data, theoretically. It demands no special support for it, its there. But the bottlenecks are a problem. There might be solution further on that will be able to calculate latency and bandwidth for paths/links.. do not know if it exists.

Edit: while other currencys are focusing on the small picture regarding the currency in it self and that it should be anonymous, XC have a more solid ground that you can build any type of service upon and make it anonymous.. storage, messaging.. you name it.
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July 29, 2014, 10:08:48 PM
 #18229

Price growth has me depressed... plus I want to mine on the multipool what the hell happened to it?

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

XChat : Addy : XYuZESQpeMtZ2wit8nVVnXKGytfiaTBCo6 PubKey : eteshLzeq8Bh54BRjGSunMTc6Ytxtk7HYaSmDYMQn61z
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July 29, 2014, 10:18:44 PM
 #18230

Relax mate, i really think price pop is coming soon, pressure is building nicely, nothing too fast... It will be like last time, we will suddenly just jump 30% except this time from a higher base.... Going to be a nice ride...

DASH #DashDC #DashIntoDigitalCash
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July 29, 2014, 10:25:43 PM
 #18231

Edit: while other currencys are focusing on the small picture regarding the currency in it self and that it should be anonymous, XC have a more solid ground that you can build any type of service upon and make it anonymous.. storage, messaging.. you name it.

This is the future. I'm convinced that these other uses for block chain technology will become increasingly important, perhaps even eclipsing its use for currencies.
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July 29, 2014, 10:33:03 PM
 #18232

Price growth has me depressed... plus I want to mine on the multipool what the hell happened to it?

I also would like to know about the multipool.  Many have asked about it and the questions keep getting ignored
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July 29, 2014, 10:33:18 PM
 #18233

Price growth has me depressed... plus I want to mine on the multipool what the hell happened to it?


So the multipool is offline due to some issues with the code[note: I am not the developer of that code nor have I looked at it].  At this time I'm looking at all options for getting a multipool back online asap

Also EM_RC4 should be completed soon and released for wider testing.


As most of you are aware, the Key Coin team has worked up an anonymous solution based on the XC rev1 code and asked me to take a look at the code.  Which in of itself is a rock solid testament to what XC has done and continues to do moving forward and just as ground breaking as that tech was, XC will continue to bring new ground breaking game changing technology to crypto and the mass's.


An updated image for the tor stick will be available for download as soon as the EM testing wrap's up....  Fully anonymous encrypted messaging over TOR :-)


Dan













Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
battbot
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July 29, 2014, 10:38:06 PM
 #18234

Price growth has me depressed... plus I want to mine on the multipool what the hell happened to it?


So the multipool is offline due to some issues with the code[note: I am not the developer of that code nor have I looked at it].  At this time I'm looking at all options for getting a multipool back online asap

Also EM_RC4 should be completed soon and released for wider testing.


As most of you are aware, the Key Coin team has worked up an anonymous solution based on the XC rev1 code and asked me to take a look at the code.  Which in of itself is a rock solid testament to what XC has done and continues to do moving forward and just as ground breaking as that tech was, XC will continue to bring new ground breaking game changing technology to crypto and the mass's.


An updated image for the tor stick will be available for download as soon as the EM testing wrap's up....  Fully anonymous encrypted messaging over TOR :-)


Dan














Thanks for the update Dan. You're the man!
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July 29, 2014, 10:41:00 PM
 #18235

Price growth has me depressed... plus I want to mine on the multipool what the hell happened to it?


So the multipool is offline due to some issues with the code[note: I am not the developer of that code nor have I looked at it].  At this time I'm looking at all options for getting a multipool back online asap

Also EM_RC4 should be completed soon and released for wider testing.


As most of you are aware, the Key Coin team has worked up an anonymous solution based on the XC rev1 code and asked me to take a look at the code.  Which in of itself is a rock solid testament to what XC has done and continues to do moving forward and just as ground breaking as that tech was, XC will continue to bring new ground breaking game changing technology to crypto and the mass's.


An updated image for the tor stick will be available for download as soon as the EM testing wrap's up....  Fully anonymous encrypted messaging over TOR :-)


Dan
















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July 29, 2014, 10:56:04 PM
 #18236

Yep, thanks man for the update!  Amazing job here Dan!!
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July 29, 2014, 11:00:25 PM
 #18237

Price growth has me depressed... plus I want to mine on the multipool what the hell happened to it?


So the multipool is offline due to some issues with the code[note: I am not the developer of that code nor have I looked at it].  At this time I'm looking at all options for getting a multipool back online asap

Also EM_RC4 should be completed soon and released for wider testing.


As most of you are aware, the Key Coin team has worked up an anonymous solution based on the XC rev1 code and asked me to take a look at the code.  Which in of itself is a rock solid testament to what XC has done and continues to do moving forward and just as ground breaking as that tech was, XC will continue to bring new ground breaking game changing technology to crypto and the mass's.


An updated image for the tor stick will be available for download as soon as the EM testing wrap's up....  Fully anonymous encrypted messaging over TOR :-)


Dan





Thank you very much for the update!
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July 29, 2014, 11:07:02 PM
 #18238




For buying the xc-tor-stick we will be setting up an online marketplace which takes XC[only] for payment, hopefully the prototype will be online next week


Thoughts on only accepting XC for payment?

Dan








Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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July 29, 2014, 11:13:40 PM
 #18239




For buying the xc-tor-stick we will be setting up an online marketplace which takes XC[only] for payment, hopefully the prototype will be online next week


Thoughts on only accepting XC for payment?

Dan









Yeah why would you accept anything else ! Cheesy

Also do you think it will be possible to have different Xnode size for mizing. I have a substantial amount of XC and would like to be involved with more than 550XC.
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July 29, 2014, 11:18:26 PM
 #18240




For buying the xc-tor-stick we will be setting up an online marketplace which takes XC[only] for payment, hopefully the prototype will be online next week


Thoughts on only accepting XC for payment?

Dan



Definitely should accept XC exclusively. 
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