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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483649 times)
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Mountaingoat
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October 16, 2014, 12:23:04 PM
 #29261

Can you explain to me in a simple way what the advantage will be of using the Blocknet?
atcsecure
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October 16, 2014, 12:23:48 PM
 #29262

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



Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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October 16, 2014, 12:27:31 PM
 #29263

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?
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October 16, 2014, 12:29:26 PM
 #29264

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.  
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October 16, 2014, 12:33:06 PM
 #29265

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

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
LongAndShort
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October 16, 2014, 12:33:16 PM
 #29266

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 Smiley
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October 16, 2014, 12:35:15 PM
 #29267

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.
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October 16, 2014, 12:36:18 PM
 #29268

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.
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October 16, 2014, 12:46:57 PM
 #29269

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 ?

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October 16, 2014, 12:47:44 PM
 #29270

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 Smiley
Is that legitimate love(if so Kiss) or sarcasm... Tongue
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October 16, 2014, 12:53:57 PM
 #29271

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


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hoertest
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October 16, 2014, 12:57:30 PM
 #29272

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.  Smiley
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October 16, 2014, 01:00:20 PM
 #29273

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.


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atcsecure
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October 16, 2014, 01:01:08 PM
 #29274

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

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
illodin
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October 16, 2014, 01:07:19 PM
 #29275

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%.
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October 16, 2014, 01:12:39 PM
 #29276

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.
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October 16, 2014, 01:18:00 PM
 #29277

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.
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October 16, 2014, 01:20:50 PM
 #29278

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

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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October 16, 2014, 01:22:43 PM
 #29279

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.
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October 16, 2014, 01:27:29 PM
 #29280

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.
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