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

[five8andten]

someone want to help me install the wallet on my raspberry pi model B+ ? I bought one for shits and giggles and am having trouble even installing the damn wallet haha.

Which linux distro are you running?

Raspbian.  it was the recommended one that came with it.  What would you recommend?

Try ubuntu - i did this about a year ago (maybe 10 months)
http://www.engineersgarage.com/embedded/raspberry-pi/how-to-load-ubuntu-on-raspberry-pi
I dont have the device anymore. But mine worked in the past.

I've had ubuntu machines in the past so I kind of know my way around them.  I essentially just want it to run my wallet as opposed to my old laptop.  As soon as Rev 2 comes out in a few days, I will want to be running myself an Xnode and the pi will be perfect for it 

[synechist]

Atm I'm more looking for answers on two questions
If I have a wallet with more then 1K coins, can I somehow isolate  those 1K coins from the rest so they can stake? Like the previous version with the xmixer address.

And what kind of revenue will be paid,?
 before people start mixing  (and reset coinage all the time) they need to get more than just staking, eg over 34xc a year

http://xctalk.com/index.php?/topic/71-xnode-and-the-incentive-to-run-it/

Sometime ago i was speaking of this incentive to run a xnode VS staking at 3,33% , i was imagining a system that gradualy increase the possible number of transaction of a xnode mixer based on the reserve balance with a maximal 1000xc by wallet.

The example was with 0.01 of fee by transaction perhaps its too much i dont know but the idea behind was to let's small holder of XC to work like a xnode mixer increasing drastically the potential of xnode mixer running.

I for one are more than happy to pay a 0.01 fee for a real anon transaction, even more if needed. If we look at those numbers in fiat its to cheap to even think about it.
Even a retailer can offer to pay the anon fee for its customers and will still smile if he compares those numbers with fiat transactions

And for privacy perhaps using multiple degree of privacy each with a cost like "Simple degree of privacy normal fee but quick" , "Intermediate degree of privacy fee increased like .001" and "Maximal privacy fee increased like 0.01 but slow".

But i always think that XC must be used all the time with this privacy system at some degree , if you want no privacy you can use BTC.

BTC>Credit card   XC>Cash.

Yeah those ideas are great. I like the effect they'll have.

While they won't be implemented on Monday, there's good reason to think through their consequences.

Your suggestion looks a little like the reputation-based idea that XC had before Dan invented trustless mixing. Nodes would need to stick around and earn their rep before being able to process lots of transactions.

My main concern with it would be that it might be inelegant. It adds a lot of complexity - and it's complexity of a non-necessary kind - to add a whole reputation/age/transaction-counting system to things. It'll most likely be hackable unless it's as secure as the Bitcoin protocol, so inelegance would have a high cost.

On the other hand, I like its decentralising effect, and its ability to empower small holders.

[akula999]

someone want to help me install the wallet on my raspberry pi model B+ ? I bought one for shits and giggles and am having trouble even installing the damn wallet haha.

Which linux distro are you running?

Raspbian.  it was the recommended one that came with it.  What would you recommend?

Try ubuntu - i did this about a year ago (maybe 10 months)
http://www.engineersgarage.com/embedded/raspberry-pi/how-to-load-ubuntu-on-raspberry-pi
I dont have the device anymore. But mine worked in the past.

I've had ubuntu machines in the past so I kind of know my way around them.  I essentially just want it to run my wallet as opposed to my old laptop.  As soon as Rev 2 comes out in a few days, I will want to be running myself an Xnode and the pi will be perfect for it 

I actually have my eye on this:
http://www.bestbuy.com/site/asus-chromebox-intel-celeron-2gb-memory-16gb-solid-state-drive/5467029.p?id=1219132169492&skuId=5467029&ref=06&loc=01&ci_src=14110944&ci_sku=5467029&extensionType=pla:g&s_kwcid=PTC!pla!!!80819144719!g!!52599681919&kpid=5467029&k_clickid=706a3c8d-8688-ff89-420c-00003995667b&kpid=5467029

[cryptico]

someone want to help me install the wallet on my raspberry pi model B+ ? I bought one for shits and giggles and am having trouble even installing the damn wallet haha.

Which linux distro are you running?

Raspbian.  it was the recommended one that came with it.  What would you recommend?

Try ubuntu - i did this about a year ago (maybe 10 months)
http://www.engineersgarage.com/embedded/raspberry-pi/how-to-load-ubuntu-on-raspberry-pi
I dont have the device anymore. But mine worked in the past.

I've had ubuntu machines in the past so I kind of know my way around them.  I essentially just want it to run my wallet as opposed to my old laptop.  As soon as Rev 2 comes out in a few days, I will want to be running myself an Xnode and the pi will be perfect for it 

I actually have my eye on this:
http://www.bestbuy.com/site/asus-chromebox-intel-celeron-2gb-memory-16gb-solid-state-drive/5467029.p?id=1219132169492&skuId=5467029&ref=06&loc=01&ci_src=14110944&ci_sku=5467029&extensionType=pla:g&s_kwcid=PTC!pla!!!80819144719!g!!52599681919&kpid=5467029&k_clickid=706a3c8d-8688-ff89-420c-00003995667b&kpid=5467029

How many VM can you run with that?

[KimmyF]

btw: If you have coins on Bittrex .... withdraw if you do not plan to sell them shortterm! They stake large numbers

[Teka]

someone want to help me install the wallet on my raspberry pi model B+ ? I bought one for shits and giggles and am having trouble even installing the damn wallet haha.

Which linux distro are you running?

Raspbian.  it was the recommended one that came with it.  What would you recommend?

Try ubuntu - i did this about a year ago (maybe 10 months)
http://www.engineersgarage.com/embedded/raspberry-pi/how-to-load-ubuntu-on-raspberry-pi
I dont have the device anymore. But mine worked in the past.

I've had ubuntu machines in the past so I kind of know my way around them.  I essentially just want it to run my wallet as opposed to my old laptop.  As soon as Rev 2 comes out in a few days, I will want to be running myself an Xnode and the pi will be perfect for it 

I actually have my eye on this:
http://www.bestbuy.com/site/asus-chromebox-intel-celeron-2gb-memory-16gb-solid-state-drive/5467029.p?id=1219132169492&skuId=5467029&ref=06&loc=01&ci_src=14110944&ci_sku=5467029&extensionType=pla:g&s_kwcid=PTC!pla!!!80819144719!g!!52599681919&kpid=5467029&k_clickid=706a3c8d-8688-ff89-420c-00003995667b&kpid=5467029

How many VM can you run with that?

That's pretty cool, I'm  not sure if I would buy a celeron even for a single vm.

[adhitthana]

btw: If you have coins on Bittrex .... withdraw if you do not plan to sell them shortterm! They stake large numbers

How do we know that?

[akula999]

someone want to help me install the wallet on my raspberry pi model B+ ? I bought one for shits and giggles and am having trouble even installing the damn wallet haha.

Which linux distro are you running?

Raspbian.  it was the recommended one that came with it.  What would you recommend?

Try ubuntu - i did this about a year ago (maybe 10 months)
http://www.engineersgarage.com/embedded/raspberry-pi/how-to-load-ubuntu-on-raspberry-pi
I dont have the device anymore. But mine worked in the past.

I've had ubuntu machines in the past so I kind of know my way around them.  I essentially just want it to run my wallet as opposed to my old laptop.  As soon as Rev 2 comes out in a few days, I will want to be running myself an Xnode and the pi will be perfect for it 

I actually have my eye on this:
http://www.bestbuy.com/site/asus-chromebox-intel-celeron-2gb-memory-16gb-solid-state-drive/5467029.p?id=1219132169492&skuId=5467029&ref=06&loc=01&ci_src=14110944&ci_sku=5467029&extensionType=pla:g&s_kwcid=PTC!pla!!!80819144719!g!!52599681919&kpid=5467029&k_clickid=706a3c8d-8688-ff89-420c-00003995667b&kpid=5467029

How many VM can you run with that?

Well, i'm no expert, but I can safely run 2 total with the limited memory - i can probably push it to 3. Celerons aren't what they used to be a few years ago. My buddy has this same chromebox and he watches videos on it via netflix and some stuff he downloads
There is a higher end chip with more memory available, but the price goes to $400 and I dont want to spend that much (I have 2 kids and im a single dad, every penny counts  )

[akula999]

Same version but with better specs... too much for me    Unless you rich bag holders want to donate

http://www.amazon.com/CHROMEBOX-M075U-Desktop-Bundle-Wireless-Keyboard/dp/B00JY4Q52U/ref=sr_1_8?s=electronics&ie=UTF8&qid=1410469578&sr=1-8&keywords=chromebox+4gb+ram

[undergroundgeek]

So when this REV2 is release we will be getting paid For our Xnodes now/X mixer whatever were calling it

Hello I was wondering if for the xnode you will need it to run in a single wallet with 1000 xc or can you have multiple xnodes in a single wallet putting 1000 xc in different addresses?

Yes nodes with a dedicated address containing 1000 XC will receive revenue for trustlessly forwarding transactions.

You can run as many wallets as you like. You'd need a virtualisation environment to do this on a single computer.

Why 1000XC vs like 100?

Just curious..

Edit: More words

[mr_random]

I wonder if it would be possible in the XC protocol to punish Xnodes that are on the same IP address (i.e. have a greater probability of running on the same machine).

If there is a choice between 25 Xnodes run on the same machine via VMs and 25 Xnodes that are redundant, spread out and decentralised I think we should be encouraging the latter?

[remzor]

In the updated OP it now says 1000XC is the requirement for trustless mixing all the time. Is this final?

1000 XC for xnode do make sense because you will earn XC if run as a xnode.

Yup, it's 1000 XC.

This amount is still somewhat provisional.

Also, if XC's value increases, it's very likely that the required balance will decrease.

Mining since 01.06.2014 on btc multipools, buying up all the xc I can and got 550 2 days ago, was quite happy, until now...
This makes me a sad panda

[KimmyF]

btw: If you have coins on Bittrex .... withdraw if you do not plan to sell them shortterm! They stake large numbers

How do we know that?

The blockchain tells all, btw: thats why everybody in this crypto world needs a real anon coin, eg: XC;D
atm they have at least 75K coins (everybody can prove this) and are staking them!
For me ... as an XC believer i just hope a supporter gets those free coins iso a exchange that willl use them to dump at will.

Example: https://chainz.cryptoid.info/xc/address.dws?XPousPv2VcrGg7n9VhhuST8fFGQPFYTcVb.htm

Before you ask: Yes, maybe cryptoid.info not label this address as bittrex but if you follow the currect fixed rules about combined inputs/change this is one of bittrex +3K addresses, sorry am still working of graphs to visualize stuff like this for the community.
Bittrex is stacking your coins,  Cryptsy is stacking your coins, why aren't you?

[synechist]

btw: If you have coins on Bittrex .... withdraw if you do not plan to sell them shortterm! They stake large numbers

How do we know that?

The blockchain tells all, btw: thats why everybody in this crypto world needs a real anon coin, eg: XC;D
atm they have at least 75K coins (everybody can prove this) and are staking them!
For me ... as an XC believer i just hope a supporter gets those free coins iso a exchange that willl use them to dump at will.

Example: https://chainz.cryptoid.info/xc/address.dws?XPousPv2VcrGg7n9VhhuST8fFGQPFYTcVb.htm

Before you ask: Yes, maybe cryptoid.info not label this address as bittrex but if you follow the currect fixed rules about combined inputs/change this is one of bittrex +3K addresses, sorry am still working of graphs to visualize stuff like this for the community.
Bittrex is stacking your coins,  Cryptsy is stacking your coins, why aren't you?

I can't wait to see your blockchain explorer Kimmy.

P.S. Nice XChat address.

[synechist]

***The XC Daily Update***

    4 days until the finalised Rev 2!


- VC Fundamentals has added XC to its research platform! And they will be interviewing Dan.

  https://twitter.com/VCFundamentals/status/510118490993618946


- Teka continues work on the new UI.


- In addition to the finalised Rev 2, we'll have several announcements on Monday. It's gonna be a big day.

[wooder]

In the updated OP it now says 1000XC is the requirement for trustless mixing all the time. Is this final?

1000 XC for xnode do make sense because you will earn XC if run as a xnode.

Yup, it's 1000 XC.

This amount is still somewhat provisional.

Also, if XC's value increases, it's very likely that the required balance will decrease.

but why decrease the needed amount?

i think 1000 is a good amount and the number of needed coins should be fixed and not changed. i mean what happens when the price increases -> the number of needed coins is decreased.
but what happens when the price drops afterwards? will you increase the amount again? i think setting the number to a fixed value is the best solution and won't lead to confused users

[wooder]

btw: If you have coins on Bittrex .... withdraw if you do not plan to sell them shortterm! They stake large numbers

How do we know that?

The blockchain tells all, btw: thats why everybody in this crypto world needs a real anon coin, eg: XC;D
atm they have at least 75K coins (everybody can prove this) and are staking them!
For me ... as an XC believer i just hope a supporter gets those free coins iso a exchange that willl use them to dump at will.

Example: https://chainz.cryptoid.info/xc/address.dws?XPousPv2VcrGg7n9VhhuST8fFGQPFYTcVb.htm

Before you ask: Yes, maybe cryptoid.info not label this address as bittrex but if you follow the currect fixed rules about combined inputs/change this is one of bittrex +3K addresses, sorry am still working of graphs to visualize stuff like this for the community.
Bittrex is stacking your coins,  Cryptsy is stacking your coins, why aren't you?

verifying which addresses are cryptsy and bittrex addresses would be a good idea. crytpsy is allready paying a share of the earned fees to users, at least for btc/ltc/usd if the user holds any of currencies. if you can verify which addresses belong to cryptsy i would contact the support and ask for a share for everyone but we have to verify that they stack ...

[synechist]

In the updated OP it now says 1000XC is the requirement for trustless mixing all the time. Is this final?

1000 XC for xnode do make sense because you will earn XC if run as a xnode.

Yup, it's 1000 XC.

This amount is still somewhat provisional.

Also, if XC's value increases, it's very likely that the required balance will decrease.

but why decrease the needed amount?

i think 1000 is a good amount and the number of needed coins should be fixed and not changed. i mean what happens when the price increases -> the number of needed coins is decreased.
but what happens when the price drops afterwards? will you increase the amount again? i think setting the number to a fixed value is the best solution and won't lead to confused users

Changes would not be made often. It would need to increase, say, 20 times its current value before we'd change it.

[wooder]

In the updated OP it now says 1000XC is the requirement for trustless mixing all the time. Is this final?

1000 XC for xnode do make sense because you will earn XC if run as a xnode.

Yup, it's 1000 XC.

This amount is still somewhat provisional.

Also, if XC's value increases, it's very likely that the required balance will decrease.

but why decrease the needed amount?

i think 1000 is a good amount and the number of needed coins should be fixed and not changed. i mean what happens when the price increases -> the number of needed coins is decreased.
but what happens when the price drops afterwards? will you increase the amount again? i think setting the number to a fixed value is the best solution and won't lead to confused users

Changes would not be made often. It would need to increase, say, 20 times its current value before we'd change it.

okay 20 times is a good value. let's hope that we decrease the amount soon, the sooner the better

[Mountaingoat]

***The XC Daily Update***

    4 days until the finalised Rev 2!


- VC Fundamentals has added XC to its research platform! And they will be interviewing Dan.

  https://twitter.com/VCFundamentals/status/510118490993618946


- Teka continues work on the new UI.


- In addition to the finalised Rev 2, we'll have several announcements on Monday. It's gonna be a big day.

What do you personally think it will do for the price?