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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1484218 times)
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laredo7mm
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September 25, 2014, 05:47:17 PM
 #27101

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?
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September 25, 2014, 05:47:49 PM
 #27102

Well, I updated to latest version 2.49.07 and am unable to send Private transactions. Sad Tried amounts 1-10XC. I have been able to send on previous versions including the last 2.49.06
Ports open, wallet unlocked.
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September 25, 2014, 05:48:15 PM
 #27103

Quote
Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

exchanges  Roll Eyes
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September 25, 2014, 05:50:49 PM
Last edit: September 25, 2014, 06:02:39 PM by cryptico
 #27104

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

No i'm not assuming that Im assuming that some of the top 100 addresses belong to the same people, hence the 1.8% of their tot amount or 1 BTC for each tot address they own on the top 100 will not change the outcome. If someone is fully loaded 1.8 could be as well 50 btc for himself it will still be 1.8% of the tot he owns and he will get it back after a month. plus after he will get them back his investement will increase in value as none will be able to break the anon

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September 25, 2014, 06:03:42 PM
 #27105

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

No i'm not assuming that Im assuming that some of the top 100 address belong to the same people, hence the 1.8% of their tot amount or 1 BTC for each tot address they own on the top 100 will not change the outcome. If someone is fully loaded 1.8 could be as well 50 btc for himself it will still be 1.8% of the tot he owns and he will get it back after a month. plus after he will get them back his investement will increase in value as none will be able to break the anon

As you said above, one person could be putting up half the bounty, that doesn't seem right to me.

You keep talking BTC.  Is the bounty going to be in BTC or XC?
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September 25, 2014, 06:08:11 PM
 #27106

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

No i'm not assuming that Im assuming that some of the top 100 address belong to the same people, hence the 1.8% of their tot amount or 1 BTC for each tot address they own on the top 100 will not change the outcome. If someone is fully loaded 1.8 could be as well 50 btc for himself it will still be 1.8% of the tot he owns and he will get it back after a month. plus after he will get them back his investement will increase in value as none will be able to break the anon

As you said above, one person could be putting up half the bounty, that doesn't seem right to me.

You keep talking BTC.  Is the bounty going to be in BTC or XC?
Let's not forget the rules, with amounts like that you attract a lot more than the chain specialists.  Preventing discussion afterwards is very important imo.
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September 25, 2014, 06:09:26 PM
 #27107

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

No i'm not assuming that Im assuming that some of the top 100 address belong to the same people, hence the 1.8% of their tot amount or 1 BTC for each tot address they own on the top 100 will not change the outcome. If someone is fully loaded 1.8 could be as well 50 btc for himself it will still be 1.8% of the tot he owns and he will get it back after a month. plus after he will get them back his investement will increase in value as none will be able to break the anon

As you said above, one person could be putting up half the bounty, that doesn't seem right to me.

You keep talking BTC.  Is the bounty going to be in BTC or XC?

I might suggest BTC as it will call more attention on the Bounty and it will be a good headline for coindesk and similiars.

I think if that person gained so much from XC that 1.8% of his holdings is worth 50 BTC he could give back to the XC community that amount of bounty to make the big bounty possible.

That would not be a problem for me if I had that amount of Xc at all.

Remember that more then likely noone will break the anonimity and if this will happen XC will Increase in value and he will get back his coins that maybe now are worth 100 Btcs lets say..instead of 50.

I would look at it as a safe bet Investement if you ask me.

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cryptico
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September 25, 2014, 06:10:29 PM
 #27108

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

No i'm not assuming that Im assuming that some of the top 100 address belong to the same people, hence the 1.8% of their tot amount or 1 BTC for each tot address they own on the top 100 will not change the outcome. If someone is fully loaded 1.8 could be as well 50 btc for himself it will still be 1.8% of the tot he owns and he will get it back after a month. plus after he will get them back his investement will increase in value as none will be able to break the anon

As you said above, one person could be putting up half the bounty, that doesn't seem right to me.

You keep talking BTC.  Is the bounty going to be in BTC or XC?
Let's not forget the rules, with amounts like that you attract a lot more than the chain specialists.  Preventing discussion afterwards is very important imo.


Off course the rules will need to be set clearly before the Bounty is set up

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September 25, 2014, 06:11:03 PM
 #27109



As you said above, one person could be putting up half the bounty, that doesn't seem right to me.

You keep talking BTC.  Is the bounty going to be in BTC or XC?

It would not make sense for the bounty to be in XC as if the bounty is collected it would mean the anon was cracked and XC's value will plunge rapidly.
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September 25, 2014, 06:16:49 PM
 #27110

Dan And Everyone in the Team... Do you have already an Amount in mind to offer for the Bounty or will it be discussed with the Community? will the bounty be taken from the Premine or trough community offer or both?

I might suggest a 100 BTC Bounty to crack the anonimity. It will be huge pubblicity... 1 BTC for each top 100 address will make us have the 100 BTC Bounty. If we wait till rev 3 for the Bounty it is very possible that XC will Increase in Value so that will be easier for the top 100 to give one BTC each.

As well we might have just one month time to claim the Bounty and after that the BTC donors can have their BTC back.
#100 is currently worth only around 13BTC... would be hard to get them--- and for that matter the other 99 to donate 1 BTC

Ok so with 1.8% donation of the tot amount of each of the top 100 we are able to get them at the current price ...I believe the price will be higher anyway with full anon working and rev2.5

Edit: plus most of the top 100 can easeally made 1 btc with trading...

Are you assuming that the top 100 addresses are all distinct individual people?  I can guarantee you that they aren't. If someone has 10 addresses in the top 100, what then?

No i'm not assuming that Im assuming that some of the top 100 address belong to the same people, hence the 1.8% of their tot amount or 1 BTC for each tot address they own on the top 100 will not change the outcome. If someone is fully loaded 1.8 could be as well 50 btc for himself it will still be 1.8% of the tot he owns and he will get it back after a month. plus after he will get them back his investement will increase in value as none will be able to break the anon

As you said above, one person could be putting up half the bounty, that doesn't seem right to me.

You keep talking BTC.  Is the bounty going to be in BTC or XC?

I might suggest BTC as it will call more attention on the Bounty and it will be a good headline for coindesk and similiars.

I think if that person gained so much from XC that 1.8% of his holdings is worth 50 BTC he could give back to the XC community that amount of bounty to make the big bounty possible.

That would not be a problem for me if I had that amount of Xc at all.

Remember that more then likely noone will break the anonimity and if this will happen XC will Increase in value and he will get back his coins that maybe now are worth 100 Btcs lets say..instead of 50.

I would look at it as a safe bet Investement if you ask me.

The problem is that you have no idea when or how the whale acquired their XC.  What if they bought all of them at a price higher than the current XC price?  Then they haven't technically gained anything from XC to be able to give back to the community.

I agree that BTC is best, but what if the whale only owns XC?  They would have to convert their XC to BTC to pay their share of the bounty.  Fast forward one month and no one can break the code and as you say, the price of XC doubles.  Now the whale has to buy back their XC at a higher price which means they lost half of their XC, not gained XC.
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September 25, 2014, 06:31:05 PM
Last edit: September 25, 2014, 06:43:37 PM by cryptico
 #27111



The problem is that you have no idea when or how the whale acquired their XC.  What if they bought all of them at a price higher than the current XC price?  Then they haven't technically gained anything from XC to be able to give back to the community.

I agree that BTC is best, but what if the whale only owns XC?  They would have to convert their XC to BTC to pay their share of the bounty.  Fast forward one month and no one can break the code and as you say, the price of XC doubles.  Now the whale has to buy back their XC at a higher price which means they lost half of their XC, not gained XC.

Those are good points. It might be best to just try to reach a certain amount of Bounty so with community offers in BTC and see what we reach. How those BTC will be earned will be up to the individual Donors and after that, the Bounty can be Kept by the XC team and redistributed in BTC to each one that have donated with the same amount that they have donated.

Edit: Even if the 1.8% balance will decrease in value as they might loose some XCs if XC goes up in value when they will need to buy back the 98% of what they already own will gain value from the Increase balancing out the XCs that they will loose. This is another point to consider.

For the other point if the Big Whale bought on an higher price then what it is now or it will be at the time of the ann for the bounty then it might want to reconsider how much to donate. the point above will still be valid as 98% of what he hold will get the benefit from the gain in value after the Bounty.


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September 25, 2014, 06:33:47 PM
 #27112

I don't mind being the test subject for some anonymous XC.
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September 25, 2014, 06:40:25 PM
 #27113

I don't mind being the test subject for some anonymous XC.

Set up an address with the paper wallet generator and send your own anon transactions to that address and then import the private key to get your XC back.
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September 25, 2014, 06:45:48 PM
 #27114

I don't mind being the test subject for some anonymous XC.

Set up an address with the paper wallet generator and send your own anon transactions to that address and then import the private key to get your XC back.

Why not just send them in another address inside the wallet?

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laredo7mm
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September 25, 2014, 06:48:54 PM
 #27115

I don't mind being the test subject for some anonymous XC.

Set up an address with the paper wallet generator and send your own anon transactions to that address and then import the private key to get your XC back.

Why not just send them in another address inside the wallet?

I reckon you could, but wouldn't you have to use coin control to make sure you know which address is sending?  I have never used coin control so I see using a paper wallet as easier.
cryptico
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September 25, 2014, 06:51:53 PM
 #27116

I don't mind being the test subject for some anonymous XC.

Set up an address with the paper wallet generator and send your own anon transactions to that address and then import the private key to get your XC back.

Why not just send them in another address inside the wallet?

I reckon you could, but wouldn't you have to use coin control to make sure you know which address is sending?  I have never used coin control so I see using a paper wallet as easier.

ah ok yea I think you wil need to use coin control but is not mandatory. with coin control you can decide wich set of coins that are split in one or more addresses to send in the other address but you could just send the amount in another of your addresses withouth coin control

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September 25, 2014, 07:13:22 PM
 #27117

Well, I updated to latest version 2.49.07 and am unable to send Private transactions. Sad Tried amounts 1-10XC. I have been able to send on previous versions including the last 2.49.06
Ports open, wallet unlocked.

Bumping this up.. Do you still have problems?

Edit: if you still have problems I would send your feedback to DAN

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September 25, 2014, 07:59:29 PM
Last edit: September 25, 2014, 08:11:58 PM by Genesis-Mining
 #27118

Hi XC Community!

We are proud to announce that we are implementing XC to our mining platform. The implementation will be done until next week. All of our users who mine scrypt will be able to allocate their rented hashpower to XC. Our multipool will mine the most profitable coins and exchange it automatically to XC.

We will communicate this over all our public PR channels and also to our 10,000+ active mining users.

We hope that you like our decision.

Yours,
Genesis Mining


sugarboy321
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September 25, 2014, 08:07:53 PM
 #27119

Hi XC Community!

We are proud to announce that we are implementing XC to our mining platform. The implementation will be done until next week. All of our users who mine scrypt will be able to allocate their rented hashpower to XC. Our multipool will mine the most profitable coins and exchange it automatically to XC.

We will communicate this over all our public PR channels and also to our 10.000+ active mining users.

We hope that you will like our decision.

Yours,
Genesis Mining



Boy: Mom and Dad can I have a ASIC miner for Xmas?

Mom: ...a what?

Dad: You want to be a miner???
KimmyF
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September 25, 2014, 08:12:31 PM
 #27120

Anybody know a good source for historical XC price data?
Now how to get current orderbooks but am looking for a dataset going back a couple of months

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