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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483649 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Lyricz
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September 16, 2014, 05:25:26 PM
 #25541

Hey,
have anyone an Idea,....every time I get exactly 8 connections to network.
I started the Client a few times, now it´s running continiously a few days,.

It it possible that my slow Internet connection is the Problem ?    (Download 6MBit/s -  Upload 1MBit/s)

Or is the number ob connection not interesting for forging results?

-sorry for my english  Roll Eyes
Dungor
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September 16, 2014, 05:31:36 PM
 #25542

Hey,

Thanks for the response Smiley. Yeah I've read that doc (multiple times) and basically I just want to know the detailed process of what happens to "private payments". What I need confirming is:

  • "There might not be enough nodes making private payments at a given time, causing transactions to wait or be cancelled". This leads me to believe that ONLY nodes (node being, online wallet client) making private payments at the same time as you (and XMixers) are involved in forwarding the fragments? Or is every node involved? This definitely needs confirming first and foremost.

Yes, if a user isn't sending XC at a given time then his/her Xnode will not participate in a private transaction.
But if a user runs an Xmixer it will be available to participate whenever there aren't enough normal Xnodes for a given transaction.

Quote
  • When you send a private payment, what happens to it? Is it broken down in to smaller fragments (how many exactly, a random number depending on the size of the TX or what?) and sent to other online wallets (whose balances cover the size of the fragment of course I assume).
Yes when you send a private payment, it is broken into fragments, which are each sent to other Xnodes (or Xmixers if necessary).
The algorithm for fragmenting randomises the fragment size and the number of fragments.
The balances of Xnodes mixing a transaction will need to be greater than or equal to the sum of some (not all) other fragments in the transaction.

Quote
Then when a node (online wallet) receives a fragment, what happens there?: [/li][/list]
- Do the coins contained in that fragment get "tumbled" with the wallet balance of the node, or just get forwarded to another node?

Neither actually. The mixing is a lot more sophisticated.
- It's roughly a group_sig transaction as implemented in Coinshuffle. Check that out.
- The transaction is between participating nodes, so each node doesn't act on its own.
- When a node initiates a payment, the fragments it creates aren't necessarily part of the same transaction. Each fragment can be on a completely different mixing transaction.
- The forwarding node doesn't get just the fragment; it gets the whole transaction.
- Therefore it doesn't even know which fragment belongs to who, and how much each fragment is.
- It checks the transaction to make sure it includes its own fragment, signs the transaction, and the whole thing goes ahead.
- If any node doesn't sign, the mesh network resyncs (which happens continually btw) and carries on.

Quote
- When the fragment gets forwarded (from the node) to another node, does one fragment get sent to one node or does each fragment get further broken down in to multiple (how many?) smaller fragments which get sent to multiple (how many) other nodes? Basically, does it only split in to fragments when it comes from the sender, or does each node further split it in to smaller fragments?

Each node making a payment will fragment that payment.
This means nodes forwarding fragments are also making their own payments (in fragments).
There's no way of distinguishing between a node's own fragments and the fragments it's forwarding.


Quote
- How many times does this process happen?
 * Does each fragment pass through a specific number of nodes or a random number until it finds its destination?
 * Is there a minimum number of nodes a fragment has to pass through?

I'm not sure on this point, but I think a single pass is all that's necessary.

Quote
  • XMixer: I'm assuming only large payments get sent through the XMixer (how large does it have to be to go through there? Does this depend on the size of the currently online nodes wallets compared to the TX size? Or is it "anything above [insertsizehere] goes through mixer?) I'm assuming larger payments get sent to the mixer in order to get broken down in to many small fragments for the nodes to handle? Or do transactions large enough for the mixer simply go "sender > Mixer(tumble) > Receiver"?

Small transactions will end up going through an Xmixer if, at a given time, other Xnodes aren't transacting.
The Xnodes themselves do the fragmenting, not just Xmixers.
Xmixers therefore only receive fragments.
This means that Xmixers (and Xnodes when they forward a tx) won't see large transactions as distinct from small ones. It's all the same to them.


Quote
I could go on and on making assumptions and asking questions here mate.

I won't part with my money if I don't understand how the system works.  

If there's some info or a document somewhere I've totally missed please forgive me.

If not, looking forward to hearing how this thing really works.


That's a respectable position, and a low-risk one.

We're going to publish a full scholarly exposition of XC's tech in due course (i.e. probably around Rev 3 when we launch publicly).

Those who think XC is worth investing in now will stand to gain more when it succeeds.




Would be awesome if we had this shown as a gif-animation, does anyone have the skills?

XChat XZFT9YxW9Uhv4R5yoWgUmYhAzqP5qVuZp8
Public Key 288p7Jom8LvQ1UNVgc7H7wzpZoQkqLdtqfR7Ls4Bgo3Mz
SouthernBTC
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September 16, 2014, 05:32:46 PM
 #25543

Hey,
have anyone an Idea,....I nerver get more than 8 connections to network. (every time exactly 8 Connections ! )
My Client is running continiously a few days.

It it possible that my slow Internet connection is the Problem ?    (Download 6MBit/s -  Upload 1MBit/s)

Or is the number ob connection not interesting for forging results?

-sorry for my english  Roll Eyes

Staking is like winning the lottery, it is random but works. If you are staking it can take up to 30 days to see any newly staked coins, took me about 10 days to see results. As long as your coins are staking it will work out to 3.33% annually.
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September 16, 2014, 05:34:17 PM
 #25544

Hey,
have anyone an Idea,....I nerver get more than 8 connections to network. (every time exactly 8 Connections ! )
My Client is running continiously a few days.

It it possible that my slow Internet connection is the Problem ?    (Download 6MBit/s -  Upload 1MBit/s)

Or is the number ob connection not interesting for forging results?

-sorry for my english  Roll Eyes

Staking is like winning the lottery, it is random but works. If you are staking it can take up to 30 days to see any newly staked coins, took me about 10 days to see results. As long as your coins are staking it will work out to 3.33% annually.


Also the windows client can default to 8 Connections, you can use -maxconnections=64 to increase the amount to 64 [in this case]

Dan

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
Lyricz
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September 16, 2014, 05:38:19 PM
 #25545

Hey,
have anyone an Idea,....I nerver get more than 8 connections to network. (every time exactly 8 Connections ! )
My Client is running continiously a few days.

It it possible that my slow Internet connection is the Problem ?    (Download 6MBit/s -  Upload 1MBit/s)

Or is the number ob connection not interesting for forging results?

-sorry for my english  Roll Eyes

Staking is like winning the lottery, it is random but works. If you are staking it can take up to 30 days to see any newly staked coins, took me about 10 days to see results. As long as your coins are staking it will work out to 3.33% annually.


Also the windows client can default to 8 Connections, you can use -maxconnections=64 to increase the amount to 64 [in this case]

Dan


will it make a different for staking if I have 8 or 64 connections ?
-Thx for your answer
atcsecure
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September 16, 2014, 05:51:48 PM
 #25546

Hey,
have anyone an Idea,....I nerver get more than 8 connections to network. (every time exactly 8 Connections ! )
My Client is running continiously a few days.

It it possible that my slow Internet connection is the Problem ?    (Download 6MBit/s -  Upload 1MBit/s)

Or is the number ob connection not interesting for forging results?

-sorry for my english  Roll Eyes

Staking is like winning the lottery, it is random but works. If you are staking it can take up to 30 days to see any newly staked coins, took me about 10 days to see results. As long as your coins are staking it will work out to 3.33% annually.


Also the windows client can default to 8 Connections, you can use -maxconnections=64 to increase the amount to 64 [in this case]

Dan


will it make a different for staking if I have 8 or 64 connections ?
-Thx for your answer



For staking? Well if your getting orphaned staking blocks, then yes it would help.  {they show up as greyed out in the wallet and have zero confirmations} otherwise your good to go at 8 connections.

Dan

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
onealfa
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September 16, 2014, 05:54:42 PM
 #25547

....... just keep them above 201 XC's
Dan

Keep above 200 ?  Why this would be preferred?
I must be missing something

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September 16, 2014, 05:57:29 PM
 #25548

Hey,
have anyone an Idea,....I nerver get more than 8 connections to network. (every time exactly 8 Connections ! )
My Client is running continiously a few days.

It it possible that my slow Internet connection is the Problem ?    (Download 6MBit/s -  Upload 1MBit/s)

Or is the number ob connection not interesting for forging results?

-sorry for my english  Roll Eyes

Staking is like winning the lottery, it is random but works. If you are staking it can take up to 30 days to see any newly staked coins, took me about 10 days to see results. As long as your coins are staking it will work out to 3.33% annually.


Also the windows client can default to 8 Connections, you can use -maxconnections=64 to increase the amount to 64 [in this case]

Dan


will it make a different for staking if I have 8 or 64 connections ?
-Thx for your answer



For staking? Well if your getting orphaned staking blocks, then yes it would help.  {they show up as greyed out in the wallet and have zero confirmations} otherwise your good to go at 8 connections.

Dan

sorry, mean forging  Roll Eyes
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September 16, 2014, 05:57:52 PM
 #25549

....... just keep them above 201 XC's
Dan

Keep above 200 ?  Why this would be preferred?
I must be missing something



When transferring the 1000 XC's to the xmixer wallet, you could do transactions of 200+XC's to "load it up"

Dan

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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September 16, 2014, 06:03:34 PM
 #25550

Signs In The Last 24 Hours That XC Is Gaining Recognition and Word Is Spreading

1. Bitcoin magazine tweeted about XC



This is a huge win for us marketing wise. Even better is the actual content of the tweet.

2. Zerovalue has tipped us as a potential winner



This is just the kind of site we want spreading the word about XC - to people with an interest in financial investments.

3. Kristov Atlas, researcher of Bitcoin and privacy is interested in XC




4. New posters trickling into the XC topic. I'm even seeing diehard DRK posters asking questions here. Interest in our revolutionary new tech is flourishing.

----------------------------------------------------------------------------------------------------------------------------

Other things:

- Paid press release coming out soon to celebrate the good news
- Price is trending upwards nicely which attracts new people to our community
- Tons more development and projects to look forward to e.g. web 3.0 blockchain based content delivery
- Don't forget to join the newly announced multipool http://xcpool.xcurrency.co/

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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September 16, 2014, 06:08:57 PM
Last edit: September 16, 2014, 06:21:24 PM by GameStarter
 #25551

Hello community,

i think we are breaking up the triangle Smiley

Nice to see more and more awareness for XC.
Adoption rise very slowly at the beginning and start to go expodential after. XC charts reflect this step by step increase of adoption.
The continuous technological devellopment will bring more reasons to use XC, it will automatically  increase the rate of adoption.
Look at the "The Rogers innovation adoption curve" we are just at the beginning of the journey Smiley
Also consomption spreads go faster and faster nowadays, next few month could be astonishing!

Thanks you XC team for your professionalism!

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September 16, 2014, 06:18:15 PM
 #25552

can't wait for that press article that was mentioned. Arlyn have you heard from them when we can expect it?

Today?  Smiley

wlecome to all the new faces.

Also, there was some initiative from our chinese guys to approach btc38 yesterday. Any news on that front?
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September 16, 2014, 06:18:58 PM
 #25553

Tell me if I'm wrong but XC seems the most advanced coin so far.

The trustless ad hoc mesh networking is simply brilliant (coinshuffle rules !)

Big thanks to the dev. I've never seen such brilliant and innovative stuff in the altcoins world.

This is BIG.

Thank you again !

One question: is it already open source ?

XC is open sourcing on a delayed timeline.  That being said -- REV1 tech is open source (but that is all so far, and XC's current tech is way ahead of REV1).

And IMO, at the very least, they should not open source REV2 until REV3 is fully released.  
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September 16, 2014, 06:23:28 PM
 #25554

Tell me if I'm wrong but XC seems the most advanced coin so far.

The trustless ad hoc mesh networking is simply brilliant (coinshuffle rules !)

Big thanks to the dev. I've never seen such brilliant and innovative stuff in the altcoins world.

This is BIG.

Thank you again !

One question: is it already open source ?

XC is open sourcing on a delayed timeline.  That being said -- REV1 tech is open source (but that is all so far, and XC's current tech is way ahead of REV1).

And IMO, at the very least, they should not open source REV2 until REV3 is fully released.  

If XC opens their mesh network code... it will be cloned to 50 other altcoins the next day.   I hope the release is VERY delayed if EVER.   It really should just be independently audited.

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September 16, 2014, 06:24:32 PM
 #25555

an irc channel on freenode would also be a good idea

tekka, synechist, atcsecure - any thoughts on this?
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September 16, 2014, 06:26:44 PM
 #25556

an irc channel on freenode would also be a good idea

tekka, synechist, atcsecure - any thoughts on this?

You mean this? http://webchat.freenode.net/?channels=#XCofficial

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September 16, 2014, 06:28:13 PM
 #25557

an irc channel on freenode would also be a good idea

tekka, synechist, atcsecure - any thoughts on this?

#xcofficial is the IRC channel
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September 16, 2014, 06:30:47 PM
 #25558

can't wait for that press article that was mentioned. Arlyn have you heard from them when we can expect it?

Today?  Smiley

wlecome to all the new faces.

Also, there was some initiative from our chinese guys to approach btc38 yesterday. Any news on that front?

You can expect the PR effort to coincide with Mintpal V2's launch.

All's set to go, and it's gonna be big.

On the topic of Chinese exchanges, let's make our presence felt in this tweet:

https://twitter.com/btcchina/status/511665913511571457

Nick replied about XC and his reply got favourited. Let's go for it!


Co-Founder, the Blocknet
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September 16, 2014, 06:35:24 PM
 #25559

can't wait for that press article that was mentioned. Arlyn have you heard from them when we can expect it?

Today?  Smiley

wlecome to all the new faces.

Also, there was some initiative from our chinese guys to approach btc38 yesterday. Any news on that front?

You can expect the PR effort to coincide with Mintpal V2's launch.

All's set to go, and it's gonna be big.

On the topic of Chinese exchanges, let's make our presence felt in this tweet:

https://twitter.com/btcchina/status/511665913511571457

Nick replied about XC and his reply got favourited. Let's go for it!



yes the Chinese markets would definitely gives a good jump.
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September 16, 2014, 06:36:40 PM
 #25560



For those looking for an easier way to run an XMIXER, I have created an installer, which creates a shortcut w/ all the parameters required.


Dan


http://downloads.xc-official.com/testing/XCurrency-XMIXER-Installer_2.49_RC3_XMixer_Installer.exe

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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