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

[hoertest]

Can you explain to me in a simple way what the advantage will be of using the Blocknet?

you don't use the Blocknet, you will be able to use other coins unique functions through the blocknet via xbridge and the other way around. People need to understand one thing. Competition is still in place and each coin stands for their own. just the potential user base increases and with it the chance to earn money given the fact the coin you hold generates some typ of revenue and its services is chosen to be used over others.

XC is still XC. but you could get Xmixer fees from a swift holder too if they decide to use hte XC anonymity for an important transaction for example.  So the unique qualities of each coin are still important and not shared like owning all coins. they are just at the disposal of a much larger audience at once. You still need to hold XC to benefit fully from it. The bigger the blocknet gets the better. than people loose this vision of a conglomerate and see BLocknet for what it is. a binding network of decentralised nature still allowing and even encouraging free market competition while making collaboration much easier but not mandatory.

[Conurtrol]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

[Jacques de Molay]

I think its pretty funny if you look at this whole project of XC from day 1 till right now from an outsiders perspective when compared to most alt coins out there. It's almost what I would expect to happen in this world IF a uber competent dev actually joined and wanted to make a massive change and is capable of doing it and isn't a copypasta cloner, or PR team pumping and dumping their bought cloned coin.

If you joined crypto recently and researched a lot of coins and what they offer to what they delivered, divided by what they promised, XC has taken just about every good thing in crypto and advanced them and then some in the shorter amount of time.

It's like Dan has taken the best ideas from alts after seeing how much they are lagging for their investors in regards to development/tech/drive/direction and has then been improving/finishing it and adding it to his network.  Thats a pretty ballsy move right there on its own to take on. So far its all good




My only concern right now as I haven't researched it much lately and its easier to just ask sometimes, is I hold XC, when the XC Inc ito is offered - do my current xc coins vanish when they convert to XC Inc coins ? or buy in then I hold 2 coins ?

Then I can hold blocknet coins - so in total 3 coins will be in place ?

[dadon]

just imagine how easy it would be to scrap up funding for top advertisement for XBridge  all the coins involved each team chucks a few hundred bucks in all get awesome exposure and pay a minimum fee..just one small advantage of this collaboration.

Yes this happens often in the world, they all come under an umbrella to pool resources. Most car salesmen do it and work under an umbrella name to market but only a few usually really benefit from it all while the rest are left with the hope of exposure.

I have added to my post since your response, but i just wanted to say..most of us here( including you) are not used cars salesman, we are pioneers of liberty embracing technology and revolutionary's and when the people who are here for the money move on we will still be here..and there are a lot more of us then there are of them, so relax..most of us here are very like minded. 

Haha i love you mate, carry on

Is that legitimate love(if so ) or sarcasm...

[synechist]

I think its pretty funny if you look at this whole project of XC from day 1 till right now from an outsiders perspective when compared to most alt coins out there. It's almost what I would expect to happen in this world IF a uber competent dev actually joined and wanted to make a massive change and is capable of doing it and isn't a copypasta cloner, or PR team pumping and dumping their bought cloned coin.

If you joined crypto recently and researched a lot of coins and what they offer to what they delivered, divided by what they promised, XC has taken just about every good thing in crypto and advanced them and then some in the shorter amount of time.

It's like Dan has taken the best ideas from alts after seeing how much they are lagging for their investors in regards to development/tech/drive/direction and has then been improving/finishing it and adding it to his network.  Thats a pretty ballsy move right there on its own to take on. So far its all good




My only concern right now as I haven't researched it much lately and its easier to just ask sometimes, is I hold XC, when the XC Inc ito is offered - do my current xc coins vanish when they convert to XC Inc coins ? or buy in then I hold 2 coins ?

Then I can hold blocknet coins - so in total 3 coins will be in place ?

Hey hey. No you keep your XC coins and get XC Inc shares for free in the process :-)

Info: http://downloads.xc-official.com/images/14-09-23%20XCurrency%20begins%20launch%20preparations%20with%20%93bulletproofing%94%20measures%20and%20an%20ICO.pdf

[hoertest]

I think its pretty funny if you look at this whole project of XC from day 1 till right now from an outsiders perspective when compared to most alt coins out there. It's almost what I would expect to happen in this world IF a uber competent dev actually joined and wanted to make a massive change and is capable of doing it and isn't a copypasta cloner, or PR team pumping and dumping their bought cloned coin.

If you joined crypto recently and researched a lot of coins and what they offer to what they delivered, divided by what they promised, XC has taken just about every good thing in crypto and advanced them and then some in the shorter amount of time.

It's like Dan has taken the best ideas from alts after seeing how much they are lagging for their investors in regards to development/tech/drive/direction and has then been improving/finishing it and adding it to his network.  Thats a pretty ballsy move right there on its own to take on. So far its all good




My only concern right now as I haven't researched it much lately and its easier to just ask sometimes, is I hold XC, when the XC Inc ito is offered - do my current xc coins vanish when they convert to XC Inc coins ? or buy in then I hold 2 coins ?

Then I can hold blocknet coins - so in total 3 coins will be in place ?

no they do#t  vanish. you hold shares and all coins you had then still.

What Dan has given here to the cryptocommunity is the biggest thing since the blockchain itself.

it just has to grow for people to understand. XC privacy function is still the best and stands unique so like i expected it to do good on the "old" internet i expect it to do just as good on the Blocknet.

I hope to see new coins join quickly and widely. imagine all doge wallets having the xbridge. dem fees.  

[synechist]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

You're right that XChat owners own 100% of XChat, insofar as "own" means that its value is reflected in XC's price.

After the creation of XC Inc, XC owners will own both XC coins and XC Inc shares, effectively getting a 2-for-the-price-of-one deal.

Now let's consider what would happen if XC Inc sold XChat to a third party:
- XCurrency nodes would still have XChat.
- XC Inc shareholders would get paid their share of the sale of XChat.
- The third party that buys XChat would use the XCurrency network to runs XChat, driving up adoption.

So perhaps the percentage of XChat XC holders will "own" here will remain 100%, since they'd still have use of it and the value of XCurrency will still reflect XChat's value because it runs on the XC network.

[atcsecure]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

Thanks

Dan

[illodin]

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

If the premine was used to fund xchat development, then 100%.

[Conurtrol]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

Thanks

Dan

Thank you and Synechist for your replies. I think there needs to be some discussion about this also. XChat is potentially a billion dollar app and I hate to lose any equity in it. On the other hand, it will be nice to have a cut of every other app that XC inc produces. I wonder what other XCurrency owners think.

[hoertest]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

Thanks

Dan

Thank you and Synechist for your replies. I think there needs to be some discussion about this also. XChat is potentially a billion dollar app and I hate to lose any equity in it. On the other hand, it will be nice to have a cut of every other app that XC inc produces. I wonder what other XCurrency owners think.

since it is possible to run Xchat without owning any xc before xc inc you didn't even have direct equity in it. with XC inc shares you would  have for the first time. of course xchat usage would also fuel XCurrency price but that was the only connection before XC inc. . with the ito comes actual ownage of the chat itself.

[atcsecure]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

Thanks

Dan

Thank you and Synechist for your replies. I think there needs to be some discussion about this also. XChat is potentially a billion dollar app and I hate to lose any equity in it. On the other hand, it will be nice to have a cut of every other app that XC inc produces. I wonder what other XCurrency owners think.

I agree, and having XC Inc also increase's XChat's and provides the framework and foundation for getting that Xchat deal

[Conurtrol]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

Thanks

Dan

Thank you and Synechist for your replies. I think there needs to be some discussion about this also. XChat is potentially a billion dollar app and I hate to lose any equity in it. On the other hand, it will be nice to have a cut of every other app that XC inc produces. I wonder what other XCurrency owners think.

since it is possible to run Xchat without owning any xc before xc inc you didn't even have direct equity in it. with XC inc shares you would  have for the first time. of course xchat usage would also fuel XCurrency price but that was the only connection before XC inc. . with the ito comes actual ownage of the chat itself.

That's true of course, and now we're trying to determine what is the appropriate percentage of Xchat ownership that XCurrency owners will get.

[Conurtrol]

Dan, can you confirm that Xchat is a part of Xcurrency and any benefits from Xchat will go to Xcurrency owners and not Blocknet or XCinc owners?

That is correct to a point, as one of the potential functions of XC Inc would be to have a legitimate corp structure in replace to reward xc holders if XChat was sold off...    So XC Inc holders would benefit directly from that sale, this is why XC Holders are entitled to a share of XC Inc itself

Will current Xcurrency owners have their equity in XChat be diluted at all by the creation of XCinc?

While I think there is some risk in minor dilution, but that is the cost of doing business and also bringing XChat [and potentially other s/w] to market

I was under the impression that XCurrency owners also own 100% of XChat currently. Is that true? What percentage will they own after the creation of XC inc? Not counting any additional XC inc shares they may buy separately from what they receive automatically as XCurrency owners.

The final % hasn't been determined yet and I am interested in getting your thoughts on it?

Thanks

Dan

Thank you and Synechist for your replies. I think there needs to be some discussion about this also. XChat is potentially a billion dollar app and I hate to lose any equity in it. On the other hand, it will be nice to have a cut of every other app that XC inc produces. I wonder what other XCurrency owners think.

I agree, and having XC Inc also increase's XChat's value and provides the framework and foundation for getting that Xchat deal

ftfy
I agree.

[cryptico]

It wil depend on how much shares will be given to the XC holders for XC inc, since there will be a public ITO and shares will be bought in BTC as well.

So it would depends on how much share of the company XC inc will want to share with the XC holders as XC inc will not get any profit from th ITO from XC bags.

It might be tot coin supply minus the amount that was not possible to buy for XC holders, hence the pre-mine. so do the math and we can have a percentage.

[reebokasss]

and the same story like everytime : mini pump on news and then dump again.. i cant imagine, how we will go very high in price like everyone are saying, but i still believe    hope to see some price movement till new years (AND OF COURSE REV3 , BECAUSE IT WAS PROMISED TO REALEASE IN AUTUMN 2014)

[Conurtrol]

It wil depend on how much shares will be given to the XC holders for XC inc, since there will be a public ITO and shares will be bought in BTC as well.

So it would depends on how much share of the company XC inc will want to share with the XC holders as XC inc will not get any profit from th ITO from XC bags.

It might be tot coin supply minus the amount that was not possible to buy for XC holders, hence the pre-mine. so do the math and we can have a percentage.

I think we need to determine a percentage first and then do the math to make it work.

[cryptico]

It wil depend on how much shares will be given to the XC holders for XC inc, since there will be a public ITO and shares will be bought in BTC as well.

So it would depends on how much share of the company XC inc will want to share with the XC holders as XC inc will not get any profit from th ITO from XC bags.

It might be tot coin supply minus the amount that was not possible to buy for XC holders, hence the pre-mine. so do the math and we can have a percentage.

I think we need to determine a percentage first and then do the math to make it work.

yes but how you determine the percentage? complicated...maybe just 80/20% and we cut the head of the bull

[synechist]

Coverage of the Blocknet on AltcoinSpeculation.com!

http://altcoinspeculation.com/blocknet-the-internet-of-blockchains-combining-altcoin-potential/

[JakeThePanda]

and the same story like everytime : mini pump on news and then dump again.. i cant imagine, how we will go very high in price like everyone are saying, but i still believe    hope to see some price movement till new years (AND OF COURSE REV3 , BECAUSE IT WAS PROMISED TO REALEASE IN AUTUMN 2014)

All coins are currently battling for the same users in the crypto community.  I don't have the statistics, but based on the price of BTC I would say the crypto community has probably shrunk over the last year.  Every altcoin scam reduces the community by a certain amount so all the altcoins are fighting over a smaller and smaller user base.  XC, will not go into hyper pump stage until the community grows by a large amount. the real world is using them, or every altcoin user dumps their other shit coins and moves their money to XC.  I think we are way off from any of these things happening.