[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[synechist]

XC collaborates in a charitable venture


Today, we are pleased to announce the 'Sponsor a Keepod Kid Campaign ' kick off.

XC has partnered with the Keepod, Bitcoin, Mintcoin, Viacoin and W2coin teams and communities for a charity
campaign to raise $5275 with the intent on bringing both technology and crypto-currency to the lives of
students who otherwise, would not have the opportunity on their own. We will accomplish this goal by recycling
old computers and help to bring internet access to communities that would otherwise, not have the same
opportunities that we take for granted.
For more information on how you can get involved and contribute, please follow the link below.

http://mintcoinfund.org/projects/sponsor-keepod-kid/

Thank you for the time, and together, we can help change the lives for those less fortunate.

- The XC team‏

Status: 1/unconfirmed, broadcast through 7 nodes
Date: 9/1/2014 23:13
To: XXkc4jMGMcVF3Jt65ip9QKg6bAqmkb6JUX
Debit: -10.00 XC
Transaction fee: -0.00001 XC
Net amount: -10.00001 XC
Transaction ID: afa5be81a3d5607cefe9454e1be09714afcba4c3a96718819942cdff27c466b4

Here I thought I'd be the first one to donate so quickly! I know 10 XC is gonna be a lot of money someday but community's little efforts is what's gonna take us there. Please be generous and contribute whatever you can!

Good work sir!

[G-Bert]

XC collaborates in a charitable venture


Today, we are pleased to announce the 'Sponsor a Keepod Kid Campaign ' kick off.

XC has partnered with the Keepod, Bitcoin, Mintcoin, Viacoin and W2coin teams and communities for a charity
campaign to raise $5275 with the intent on bringing both technology and crypto-currency to the lives of
students who otherwise, would not have the opportunity on their own. We will accomplish this goal by recycling
old computers and help to bring internet access to communities that would otherwise, not have the same
opportunities that we take for granted.
For more information on how you can get involved and contribute, please follow the link below.

http://mintcoinfund.org/projects/sponsor-keepod-kid/

Thank you for the time, and together, we can help change the lives for those less fortunate.

- The XC team‏

Donated. 

[cryptico]

XC collaborates in a charitable venture


Today, we are pleased to announce the 'Sponsor a Keepod Kid Campaign ' kick off.

XC has partnered with the Keepod, Bitcoin, Mintcoin, Viacoin and W2coin teams and communities for a charity
campaign to raise $5275 with the intent on bringing both technology and crypto-currency to the lives of
students who otherwise, would not have the opportunity on their own. We will accomplish this goal by recycling
old computers and help to bring internet access to communities that would otherwise, not have the same
opportunities that we take for granted.
For more information on how you can get involved and contribute, please follow the link below.

http://mintcoinfund.org/projects/sponsor-keepod-kid/

Thank you for the time, and together, we can help change the lives for those less fortunate.

- The XC team‏

Status: 1/unconfirmed, broadcast through 7 nodes
Date: 9/1/2014 23:13
To: XXkc4jMGMcVF3Jt65ip9QKg6bAqmkb6JUX
Debit: -10.00 XC
Transaction fee: -0.00001 XC
Net amount: -10.00001 XC
Transaction ID: afa5be81a3d5607cefe9454e1be09714afcba4c3a96718819942cdff27c466b4

Here I thought I'd be the first one to donate so quickly! I know 10 XC is gonna be a lot of money someday but community's little efforts is what's gonna take us there. Please be generous and contribute whatever you can!

Good work sir!

Nice Project I'll donate my next stak

[Dungor]

I'm struggling to understand the Transaction process described in the OP with the reintroduction to the 550 XC minimum limit for mixers. More specifically step 7) "Nodes mix and forward fragments from different addresses to the ones they receive fragments  on.", but I thought that Mixers and Nodes were two different things? All wallets are nodes but only wallets/addresses with 550+ XC can be mixers and you have to enable a setting for this? Somewhat like a Darkcoin Masternode?

I would love some clarification on the difference between a Darkcoin Masternode and a XC mixer, also why dedicated mixers and their limits are even needed as opposed to all wallets with XC in it could function as mixers?

Does XChat run through Mixers?

Just to clarify I'm not trying to cause FUD, I still hold and stake my over-exposed position in XC. I just wan't to understand the more technical aspect of how XC is anon compared to our friendly alternatives.

,Thanks

Bump, Anyone?

[shanuu]

Something to read about.
http://www.crypto-way.com/things-that-bitcoin-doesnt-have/

Like - tweet if you like.

[synechist]

I'm struggling to understand the Transaction process described in the OP with the reintroduction to the 550 XC minimum limit for mixers. More specifically step 7) "Nodes mix and forward fragments from different addresses to the ones they receive fragments  on.", but I thought that Mixers and Nodes were two different things? All wallets are nodes but only wallets/addresses with 550+ XC can be mixers and you have to enable a setting for this? Somewhat like a Darkcoin Masternode?

I would love some clarification on the difference between a Darkcoin Masternode and a XC mixer, also why dedicated mixers and their limits are even needed as opposed to all wallets with XC in it could function as mixers?

Does XChat run through Mixers?

Just to clarify I'm not trying to cause FUD, I still hold and stake my over-exposed position in XC. I just wan't to understand the more technical aspect of how XC is anon compared to our friendly alternatives.

,Thanks

Bump, Anyone?

We'll explain how XC mixers work pretty shortly, but here's a brief synopsis for now.

- They're not like masternodes.
- They're pretty much a way to ensure XC apps are present to forward/mix transactions even when there aren't enough nodes actually making payments at a given point in time.
- So it's still the case that all XC nodes forward/mix transactions.
- That is, any node will participate in forwarding/mixing when its user makes a payment.
- But in addition, nodes with an appropriate balance lend a hand to transactions to bolster privacy (say, whenever lots of fragments are required, or for some other situations).
- Nodes that do this earn a transaction fee.


Oh, XChat uses XC's equivalent of Bitcoin's broadcasting system (i.e. is true P2P and is encrypted). It does not use the blockchain. Therefore mixing/forwarding is not necessary, since no addresses are stored publicly and since only the receiving node can decrypt the message.

[mr_random]

Coverage of XC on CoinTelegraph

http://cointelegraph.com/news/112415/a-glimpse-into-xcurrencys-mission-to-decentralize-everything

Facebook - https://www.facebook.com/XCurrency?ref=hl

Is cointelegraph big as coindesk? never saw it before

i keep tabs on coindesk and cointelegraph for all my news. coindesk is certainly larger and has more readers though

So after much hard work XC has moved from pumpcoin, to dumpcoin, to a coin with credibility, to a coin that gets original articles on major crypto news sites.

Next: more original articles on major crypto sites... and then some on major tech blogs.


Onwards and upwards!





P.S. Now you know where I've been lately. That, and having general gadget breakdown.

Great work!

[policymaker]

well done team, I will be donating some XC shortly to the cause!

[Abrupto]

Something to read about.
http://www.crypto-way.com/things-that-bitcoin-doesnt-have/

Like - tweet if you like.

Great article, however it may be a good idea to have someone proofread your articles before posting them. The first word of the article should be there, not here. (Mistake was made twice in the article)

I'm not sure if English is your first language or not but I am sure plenty of our community members would be willing to help out.

I don't mean to offend, and I do appreciate the enthusiasm.

[synechist]

Oh, and there'll be some big news about Rev 2 a little later today...

[infinitechaos]

Oh, and there'll be some big news about Rev 2 a little later today...

 

[dannyspk]

Oh, and there'll be some big news about Rev 2 a little later today...

I see what you did there. Big and little in the same sentence. 

[Artoodeetoo]

Oh, and there'll be some big news about Rev 2 a little later today...

AND I WAS GOING TO GET AN EARLY ONE TONIGHT!!!

AARGHHHHHH

The king of tease is stepping out

[Dungor]

I'm struggling to understand the Transaction process described in the OP with the reintroduction to the 550 XC minimum limit for mixers. More specifically step 7) "Nodes mix and forward fragments from different addresses to the ones they receive fragments  on.", but I thought that Mixers and Nodes were two different things? All wallets are nodes but only wallets/addresses with 550+ XC can be mixers and you have to enable a setting for this? Somewhat like a Darkcoin Masternode?

I would love some clarification on the difference between a Darkcoin Masternode and a XC mixer, also why dedicated mixers and their limits are even needed as opposed to all wallets with XC in it could function as mixers?

Does XChat run through Mixers?

Just to clarify I'm not trying to cause FUD, I still hold and stake my over-exposed position in XC. I just wan't to understand the more technical aspect of how XC is anon compared to our friendly alternatives.

,Thanks

Bump, Anyone?

We'll explain how XC mixers work pretty shortly, but here's a brief synopsis for now.

- They're not like masternodes.
- They're pretty much a way to ensure XC apps are present to forward/mix transactions even when there aren't enough nodes actually making payments at a given point in time.
- So it's still the case that all XC nodes forward/mix transactions.
- That is, any node will participate in forwarding/mixing when its user makes a payment.
- But in addition, nodes with an appropriate balance lend a hand to transactions to bolster privacy (say, whenever lots of fragments are required, or for some other situations).
- Nodes that do this earn a transaction fee.


Oh, XChat uses XC's equivalent of Bitcoin's broadcasting system (i.e. is true P2P and is encrypted). It does not use the blockchain. Therefore mixing/forwarding is not necessary, since no addresses are stored publicly and since only the receiving node can decrypt the message.

Thank you Synechist, I think I get the difference based on that description! So the network is still very much decentralized it is just a safeguard function until the network get's more traffic.
Is there any plans to incentive traffic in this early age, would you recon it is needed?

[CryptoGretzky]

Oh, and there'll be some big news about Rev 2 a little later today...

How BIG? 

[synechist]

I'm struggling to understand the Transaction process described in the OP with the reintroduction to the 550 XC minimum limit for mixers. More specifically step 7) "Nodes mix and forward fragments from different addresses to the ones they receive fragments  on.", but I thought that Mixers and Nodes were two different things? All wallets are nodes but only wallets/addresses with 550+ XC can be mixers and you have to enable a setting for this? Somewhat like a Darkcoin Masternode?

I would love some clarification on the difference between a Darkcoin Masternode and a XC mixer, also why dedicated mixers and their limits are even needed as opposed to all wallets with XC in it could function as mixers?

Does XChat run through Mixers?

Just to clarify I'm not trying to cause FUD, I still hold and stake my over-exposed position in XC. I just wan't to understand the more technical aspect of how XC is anon compared to our friendly alternatives.

,Thanks

Bump, Anyone?

We'll explain how XC mixers work pretty shortly, but here's a brief synopsis for now.

- They're not like masternodes.
- They're pretty much a way to ensure XC apps are present to forward/mix transactions even when there aren't enough nodes actually making payments at a given point in time.
- So it's still the case that all XC nodes forward/mix transactions.
- That is, any node will participate in forwarding/mixing when its user makes a payment.
- But in addition, nodes with an appropriate balance lend a hand to transactions to bolster privacy (say, whenever lots of fragments are required, or for some other situations).
- Nodes that do this earn a transaction fee.


Oh, XChat uses XC's equivalent of Bitcoin's broadcasting system (i.e. is true P2P and is encrypted). It does not use the blockchain. Therefore mixing/forwarding is not necessary, since no addresses are stored publicly and since only the receiving node can decrypt the message.

Thank you Synechist, I think I get the difference based on that description! So the network is still very much decentralized it is just a safeguard function until the network get's more traffic.
Is there any plans to incentive traffic in this early age, would you recon it is needed?

My guess is that the only incentive XC will ever need to provide is XC mobile apps.

On the other hand, it's a little hard to predict how people will use XC when decentralised exchanges and smart contracts are implemented. I mean, bots can do a lot of trades! And there's no saying what a contract may stipulate. Since the idea is for the sky to be the limit, it's a pretty good idea to have Xnodes available to forward transactions trustlessly even if their users aren't personally making payments.

[Teka]

Oh, and there'll be some big news about Rev 2 a little later today...

How BIG? 

[CryptoGretzky]

Oh, and there'll be some big news about Rev 2 a little later today...

How BIG? 

HA!  So, time to go to MP again then.

[Dungor]

I'm struggling to understand the Transaction process described in the OP with the reintroduction to the 550 XC minimum limit for mixers. More specifically step 7) "Nodes mix and forward fragments from different addresses to the ones they receive fragments  on.", but I thought that Mixers and Nodes were two different things? All wallets are nodes but only wallets/addresses with 550+ XC can be mixers and you have to enable a setting for this? Somewhat like a Darkcoin Masternode?

I would love some clarification on the difference between a Darkcoin Masternode and a XC mixer, also why dedicated mixers and their limits are even needed as opposed to all wallets with XC in it could function as mixers?

Does XChat run through Mixers?

Just to clarify I'm not trying to cause FUD, I still hold and stake my over-exposed position in XC. I just wan't to understand the more technical aspect of how XC is anon compared to our friendly alternatives.

,Thanks

Bump, Anyone?

We'll explain how XC mixers work pretty shortly, but here's a brief synopsis for now.

- They're not like masternodes.
- They're pretty much a way to ensure XC apps are present to forward/mix transactions even when there aren't enough nodes actually making payments at a given point in time.
- So it's still the case that all XC nodes forward/mix transactions.
- That is, any node will participate in forwarding/mixing when its user makes a payment.
- But in addition, nodes with an appropriate balance lend a hand to transactions to bolster privacy (say, whenever lots of fragments are required, or for some other situations).
- Nodes that do this earn a transaction fee.


Oh, XChat uses XC's equivalent of Bitcoin's broadcasting system (i.e. is true P2P and is encrypted). It does not use the blockchain. Therefore mixing/forwarding is not necessary, since no addresses are stored publicly and since only the receiving node can decrypt the message.

Thank you Synechist, I think I get the difference based on that description! So the network is still very much decentralized it is just a safeguard function until the network get's more traffic.
Is there any plans to incentive traffic in this early age, would you recon it is needed?

My guess is that the only incentive XC will ever need to provide is XC mobile apps.

On the other hand, it's a little hard to predict how people will use XC when decentralised exchanges and smart contracts are implemented. I mean, bots can do a lot of trades! And there's no saying what a contract may stipulate. Since the idea is for the sky to be the limit, it's a pretty good idea to have Xnodes available to forward transactions trustlessly even if their users aren't personally making payments.

Cool, thanks for taking the time to address my questions.

[atcsecure]

Oh, and there'll be some big news about Rev 2 a little later today...

And there is some other news in the pipeline as well, we are currently testing the mobile app, with XChat, XNode and staking.  Its not quite ready yet but stay tuned!!