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

[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!!

[tr8kr]

Oh my god Dan ! There is too much good news in only on line spread them !
I read this line at least 5 times before breathing ...

[flashbit]

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!!

Ok this ^ is awesome news! Thanks Dan!

[braxx]

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!!

wow this is great news

[mig5000]

From twitter :


KEY team has hired developer Dan Metcalf of XC for the ongoing Dev of our KEY OS. We're looking forward to more innovation! Thanks Dan!


wtf :/

[Mountaingoat]

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

Can it be now? I have to go to bed soon for school.

[rhader]

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

How BIG? 

Is there a big update coming out about this coin? Ive read in other threads that there is some news people should be aware of with XC???