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

[jibble]

And here we are 3.5 weeks later:



I sure was expecting to see it somewhat different 4 weeks ago...

Yeah it's not good but it aint exactly bad. People moving it to exchanges can explain a increase in top 10 and also might explain the drop is wallets, Didn't mintpal have literally hundreds of wallets that likely got destroyed or removed or deleted or emptied into nothingness

[adhitthana]

For anyone who has XC in Mintpal, I just withdrew 5647 XC. It took about 45 minutes.

[atcsecure]

Hey all........since starting up a mixer yesterday on the latest wallet release, my wallet has crashed about 5 times giving some visual basic error.  Anyone else experiencing this?

Dan is there a possible issue with the windows wallet you released yesterday or is this likely on my end?  NEVER had any of my XC wallets crash before!

what version are you using?   


if not v2.49.08e

download

http://downloads.xc-official.com/release/windows/XCurrency_2.49.08e.exe

[akula999]

My concern for the upcoming BlockNET ITO on October 29th is that there is no real clarity on how those who purchase into the ITO will benefit / profit.  Unless this is clearly defined at length, I can tell you right now that hardly anyone will be buying into the ITO.

I hope providing clarity on incentives and exactly how buyers of the ITO will profit is a high priority right now.

BlockNET will generate revenue through the economy it builds, and maintain's, thus paying out dividends on those returns to its investors.

So using the word "dividends" does this imply all payouts will be recorded and then a tax receipt is issued at the end of the year?

[Teka]

quick question for teka or syn.

  Where do you guys sit with the Aero dev Majika??  It is little known he is actually one of the most qualified devs who has a resume I can see.   I believe he would have alot to bring to the table.  I am by no means trying to begin the flood of "lets bring all these other coins on" but I think if you had a chat with him about where you are looking to go, and what he is currently working on... Well I will let you guys figure that out.  Im sure you guys already know more than me and are well a head of what I am already suggesting ..

I've worked with them before and so has Dan (Code Review) but I haven't spoken to them for a while. As always, Aero will be more than welcome to apply later.

[Jacques de Molay]

Ubuntu Linux Wallets, stable branch, release  - if you had downloaded the test release posted earlier, please update to the stable branch

http://downloads.xc-official.com/release/linux/ubuntu/0.9.2.49.08e/

OSX Wallet v2.49.08e - stable branch, test release


http://downloads.xc-official.com/testing/OSX/

See this is why we like this guy - you want something he gets it done.   Better than waiting for PR teams to hire a dev to update their stuff....

[Sabretooth]

Just wondering how the interactions between different coin nodes will work...  

e.g
If someone with a UtilityCoin wallet would like to send their UTIL coins via the XC XMixer service how does that work?  What journey do their coins take?  Has this stuff been worked out yet or is it still being thought about? Would that user have to use a decentralized exchange to convert their UTIL to XC, then send those coins, then convert back?

as i understand it there will be some kind of automatic exchange going on. the user wouldn't have to do this themselfs. the rate would have to be just garanteed to be the same for both transactions in and out of the "borrowed" coin.

This would invalidate any anonymity that would be gained by using the XC transaction in the middle, because the system would have to link the in and out trades together.

I am also a little unclear on how the blocknet xcmixer will work.  If this is the main product XC has to offer then we need to be clear about the logic.  I say own SDC I want to mix my SDC coins I send it to an XC Mixer, it then mixes XC coins, and then sends SDC coins back.  I must be missing something because this does not make sense.  My SDC coins have not been mixed by XC they have just been sent back n forth from the xblock.  So XCurrency gives up its tech to the Xblock and XC now has no real service to offer because this is now done by XBlock by default?  Sorry a little negative in tone, just trying to make sense of everything.

[IMJim]

Hey all........since starting up a mixer yesterday on the latest wallet release, my wallet has crashed about 5 times giving some visual basic error.  Anyone else experiencing this?

Dan is there a possible issue with the windows wallet you released yesterday or is this likely on my end?  NEVER had any of my XC wallets crash before!

what version are you using?   


if not v2.49.08e

download

http://downloads.xc-official.com/release/windows/XCurrency_2.49.08e.exe

Thanks for the reply bud, yes that is the version I am running since yesterday.  4-5 crashes for me on this one, happened on 2 different PCs as well.

[hoertest]

Just wondering how the interactions between different coin nodes will work...  

e.g
If someone with a UtilityCoin wallet would like to send their UTIL coins via the XC XMixer service how does that work?  What journey do their coins take?  Has this stuff been worked out yet or is it still being thought about? Would that user have to use a decentralized exchange to convert their UTIL to XC, then send those coins, then convert back?

as i understand it there will be some kind of automatic exchange going on. the user wouldn't have to do this themselfs. the rate would have to be just garanteed to be the same for both transactions in and out of the "borrowed" coin.

This would invalidate any anonymity that would be gained by using the XC transaction in the middle, because the system would have to link the in and out trades together.

I am also a little unclear on how the blocknet xcmixer will work.  If this is the main product XC has to offer then we need to be clear about the logic.  I say own SDC I want to mix my SDC coins I send it to an XC Mixer, it then mixes XC coins, and then sends SDC coins back.  I must be missing something because this does not make sense.  My SDC coins have not been mixed by XC they have just been sent back n forth from the xblock.  So XCurrency gives up its tech to the Xblock and XC now has no real service to offer because this is now done by XBlock by default?  Sorry a little negative in tone, just trying to make sense of everything.

the blocknet will not have its own mixer. there is only the Xmixer in the Xnodes. but beyond all Xnodes this mixer is now also accessible through Xbridge for other coins. but just for use not for earning fees. you still need the xnode with 1k xc running to earn fees. just the potential user base increases dramatically through blocknet. all nodes from all coins hosting the Xbridge are called the Blocknet. thats how i understand it. so sdc don't get mixed in the xc mixer. there will be an exchange going on the way in and out.

in short the Xmixer is still an XC exclusive service you need to hold xc for to capitalise on the fees. Blocknet accelerates the adoption and userbase.

[Sabretooth]

Just wondering how the interactions between different coin nodes will work...  

e.g
If someone with a UtilityCoin wallet would like to send their UTIL coins via the XC XMixer service how does that work?  What journey do their coins take?  Has this stuff been worked out yet or is it still being thought about? Would that user have to use a decentralized exchange to convert their UTIL to XC, then send those coins, then convert back?

as i understand it there will be some kind of automatic exchange going on. the user wouldn't have to do this themselfs. the rate would have to be just garanteed to be the same for both transactions in and out of the "borrowed" coin.

This would invalidate any anonymity that would be gained by using the XC transaction in the middle, because the system would have to link the in and out trades together.

I am also a little unclear on how the blocknet xcmixer will work.  If this is the main product XC has to offer then we need to be clear about the logic.  I say own SDC I want to mix my SDC coins I send it to an XC Mixer, it then mixes XC coins, and then sends SDC coins back.  I must be missing something because this does not make sense.  My SDC coins have not been mixed by XC they have just been sent back n forth from the xblock.  So XCurrency gives up its tech to the Xblock and XC now has no real service to offer because this is now done by XBlock by default?  Sorry a little negative in tone, just trying to make sense of everything.

the blocknet will not have its own mixer. there is only the Xmixer in the Xnodes. but beyond all Xnodes this mixer is now also accessible through Xbridge for other coins. but just for use not for earning fees. you still need the xnode with 1k xc running to earn fees. just the potential user base increases dramatically through blocknet. all nodes from all coins hosting the Xbridge are called the Blocknet. thats how i understand it. so sdc don't get mixed in the xc mixer. there will be an exchange going on the way in and out.

in short the Xmixer is still an XC exclusive service you need to hold xc for to capitalise on the fees. Blocknet accelerates the adoption and userbase.

Yeah I guess I understood this, but its not much of a service.  At the moment we are the best at this, but soon it will be open source, and it wont take long for other coins to adopt this feature internally.  So in the end we will own nothing.  I thought that we would at least own the items on the roadmap like Xchat, but this is now looking doubtful and the ability to distribute content which now seems more plausibly done by Xblock.  I think xBlock is becoming what we all had hoped XC would become.

I don't think it was fair to make xBlock an owned entity, it should have been a open not-for-profit entity.  There will always be a tug-a-war between xblocks needs for profit and the coins.  I cannot see it working.  It will just implode.  Sorry I feel this way.  I would love to be proved otherwise.

[dannyspk]

Arlyn, should we be expecting a press release about BlockNet on major crypto publications just like every other announcement in the past? It just gives more authenticity when spreading the word around

[hoertest]

Just wondering how the interactions between different coin nodes will work...  

e.g
If someone with a UtilityCoin wallet would like to send their UTIL coins via the XC XMixer service how does that work?  What journey do their coins take?  Has this stuff been worked out yet or is it still being thought about? Would that user have to use a decentralized exchange to convert their UTIL to XC, then send those coins, then convert back?

as i understand it there will be some kind of automatic exchange going on. the user wouldn't have to do this themselfs. the rate would have to be just garanteed to be the same for both transactions in and out of the "borrowed" coin.

This would invalidate any anonymity that would be gained by using the XC transaction in the middle, because the system would have to link the in and out trades together.

I am also a little unclear on how the blocknet xcmixer will work.  If this is the main product XC has to offer then we need to be clear about the logic.  I say own SDC I want to mix my SDC coins I send it to an XC Mixer, it then mixes XC coins, and then sends SDC coins back.  I must be missing something because this does not make sense.  My SDC coins have not been mixed by XC they have just been sent back n forth from the xblock.  So XCurrency gives up its tech to the Xblock and XC now has no real service to offer because this is now done by XBlock by default?  Sorry a little negative in tone, just trying to make sense of everything.

the blocknet will not have its own mixer. there is only the Xmixer in the Xnodes. but beyond all Xnodes this mixer is now also accessible through Xbridge for other coins. but just for use not for earning fees. you still need the xnode with 1k xc running to earn fees. just the potential user base increases dramatically through blocknet. all nodes from all coins hosting the Xbridge are called the Blocknet. thats how i understand it. so sdc don't get mixed in the xc mixer. there will be an exchange going on the way in and out.

in short the Xmixer is still an XC exclusive service you need to hold xc for to capitalise on the fees. Blocknet accelerates the adoption and userbase.

Yeah I guess I understood this, but its not much of a service.  At the moment we are the best at this, but soon it will be open source, and it wont take long for other coins to adopt this feature internally.  So in the end we will own nothing.  I thought that we would at least own the items on the roadmap like Xchat, but this is now looking doubtful and the ability to distribute content which now seems more plausibly done by Xblock.  I think xBlock is becoming what we all had hoped XC would become.

I don't think it was fair to make xBlock an owned entity, it should have been a open not-for-profit entity.  There will always be a tug-a-war between xblocks needs for profit and the coins.  I cannot see it working.  It will just implode.  Sorry I feel this way.  I would love to be proved otherwise.

? the open source argument goes for every coin. you really have no point in investing in crypto if that bothers you. Implementing the Xbridge is free and since its open source there won't be much of a validation procedure down the road also. and why should there be. i mean even a shitcoin having the xbridge in its wallet doesn't hurt me holding my xc and those shitcoin users are welcome to bring me more mixer fees.

you really promote closed source here? i mean, .. , i don't even.

doing it on delay with xc is practically the main thing people still bitch about (i think thats a good policy btw)

[Sabretooth]

Its not really a discussion about open vs closed, that discussion has been had and the community (and I agree) agree on the current position.

I just need some help understanding exactly what I am investing in, or what service XC will offer the blocknet.  At the moment offering mixing alone does not seem to be a strong enough service given it can be replicated, and given we might loose XChat and other items on the roadmap.

[Longenecker]

My concern for the upcoming BlockNET ITO on October 29th is that there is no real clarity on how those who purchase into the ITO will benefit / profit.  Unless this is clearly defined at length, I can tell you right now that hardly anyone will be buying into the ITO.

I hope providing clarity on incentives and exactly how buyers of the ITO will profit is a high priority right now.

It definitely is.

We're working on a large number of details and will be publishing them widely very soon.

[jibble]

Its not really a discussion about open vs closed, that discussion has been had and the community (and I agree) agree on the current position.

I just need some help understanding exactly what I am investing in, or what service XC will offer the blocknet.  At the moment offering mixing alone does not seem to be a strong enough service given it can be replicated, and given we might loose XChat and other items on the roadmap.

Soon XC will be offering decentralized advertising , decentralized storage. those are 2 things

any app you can think of making and having on the web 3.0 stuff as well

[shakesbear]

This tech already exists in another currency which have this as their primary focus. I like the idea. But now you will fundraise this tech "again"? Great plans are good, but its taking away the focus on XC which is a excellent currency. And now i am starting to get worried, and the reason for this is that i have seen these great plans before in other context where talented people have lost their focus because they want to much. In 90% the plans are spinning out of control. In this case i am concerned that XC will loose ground.

More and more people are noticing this, and the answer that they get "trust us, its best for XC" like some sort of elitistic elite. BUT, if you do not have the peoples support in this you will loose. This is not some experiment, people invest real money into this.. im supporting wtih 1900XC, not much. But when 100 people with the same amount starting to get as confused as i am regarding Dan`s involvement in other currencys and this great plans, poeple will cash out.

I just responded to you. No need to repost.

Here is my response again:


That's like saying that the internet takes away focus from Google.

It doesn't. It enables Google to thrive.

Focus has *not* been lost. A huge userbase for XC has been gained.

You should all setup Xmixers right now. :-)

I think there is many more investors concerned the same way - that is why price is slowly sinking.

I don't want to talk about theory, let's learn on history.

Short example. Nicolas Tesla was a briliant guy. He invented a lot of devices which we use today. But he died in poverty, because he didn't care about people and investors (putting simple: PR). But Edison did care about people and investors. He was not brilliant, but he's company - General Eletric exists till today. Eidosn didn't die in poverty. Tesla did, because he woas focused only on "the thing" not "the people".

Besides I have seen many times good invention may loos with worse one, when there is great sales force and PR working on the other solution. You may have genious device, but it will die if not carrying about support.

I'm a tech guy also and I know people like me have more focus to things then people, but after all the oposite counts - people.

Conclusion is:
1) not paying attention to users (user friendly easy to install wallet)
+
2) not carrying about PR, centralised exchanges and investors
result = this great tech will loose with competitors.

I like this coin and still am an investor, but I feel not only technical things are that needs to be done. I simple observed this by my own that sometimes PR and connection is more important then genious device/code/concept and the poor concept win many times, because someone carrying about connections with people stays behind the poor concept he wins.

This is a curse of inteligent people, they don't even understant it's important
And then less inteligent, but having good selling skills (people oriented) survive with their sh*t solutions. That's why the world looks like it looks generally.

+1 We should focus more on the people and get more people to use it

[synechist]

Yeah I guess I understood this, but its not much of a service.  At the moment we are the best at this, but soon it will be open source, and it wont take long for other coins to adopt this feature internally.  So in the end we will own nothing.  I thought that we would at least own the items on the roadmap like Xchat, but this is now looking doubtful and the ability to distribute content which now seems more plausibly done by Xblock.  I think xBlock is becoming what we all had hoped XC would become.

I don't think it was fair to make xBlock an owned entity, it should have been a open not-for-profit entity.  There will always be a tug-a-war between xblocks needs for profit and the coins.  I cannot see it working.  It will just implode.  Sorry I feel this way.  I would love to be proved otherwise.

Let's just keep things simple:

- XC and the Blocknet are entirely distinct, and none of XC's features are porting over to the Blocknet.
- Why not? - because that's like saying Google's features are going to port over to the internet. Huh? No. Doesn't make sense.


Did you miss my post above about "ownership" of XChat? XC holders will get shares in XC Inc and will therefore effectively "own" (i.e. get paid for) XChat twice in the event that XC Inc sells the tech to a third party.

What's xBlock? Did you read the PR? Nothing in there is called that. :-)

[Sabretooth]

Yeah I guess I understood this, but its not much of a service.  At the moment we are the best at this, but soon it will be open source, and it wont take long for other coins to adopt this feature internally.  So in the end we will own nothing.  I thought that we would at least own the items on the roadmap like Xchat, but this is now looking doubtful and the ability to distribute content which now seems more plausibly done by Xblock.  I think xBlock is becoming what we all had hoped XC would become.

I don't think it was fair to make xBlock an owned entity, it should have been a open not-for-profit entity.  There will always be a tug-a-war between xblocks needs for profit and the coins.  I cannot see it working.  It will just implode.  Sorry I feel this way.  I would love to be proved otherwise.

Let's just keep things simple:

- XC and the Blocknet are entirely distinct, and none of XC's features are porting over to the Blocknet.
- Why not? - because that's like saying Google's features are going to port over to the internet. Huh? No. Doesn't make sense.


Did you miss my post above about "ownership" of XChat? XC holders will get shares in XC Inc and will therefore effectively "own" (i.e. get paid for) XChat twice in the event that XC Inc sells the tech to a third party.

What's xBlock? Did you read the PR? Nothing in there is called that. :-)

I know they will be distinct but I am confused on what services will be offered by XC, or more importantly its niche.  Is it just mixing or is there more, will it still be a "Decentralised Trustless Privacy Platform / Encrypted XChat" or are these niches now taken by Blocknet and XC Inc.

[wooder]

Yeah I guess I understood this, but its not much of a service.  At the moment we are the best at this, but soon it will be open source, and it wont take long for other coins to adopt this feature internally.  So in the end we will own nothing.  I thought that we would at least own the items on the roadmap like Xchat, but this is now looking doubtful and the ability to distribute content which now seems more plausibly done by Xblock.  I think xBlock is becoming what we all had hoped XC would become.

I don't think it was fair to make xBlock an owned entity, it should have been a open not-for-profit entity.  There will always be a tug-a-war between xblocks needs for profit and the coins.  I cannot see it working.  It will just implode.  Sorry I feel this way.  I would love to be proved otherwise.

Let's just keep things simple:

- XC and the Blocknet are entirely distinct, and none of XC's features are porting over to the Blocknet.
- Why not? - because that's like saying Google's features are going to port over to the internet. Huh? No. Doesn't make sense.


Did you miss my post above about "ownership" of XChat? XC holders will get shares in XC Inc and will therefore effectively "own" (i.e. get paid for) XChat twice in the event that XC Inc sells the tech to a third party.

What's xBlock? Did you read the PR? Nothing in there is called that. :-)

Its what you don't see, currently we are working on wrapping up the mobile application, which features a completely redesigned UI, which takes time, along side this effort we are working on the final editions of Group XChat, and we just wrapped up decentralized mixing

For the Last 4 weeks, the combined man-hours put into development across all of this is WELL over 600 Man hours just in development effort alone ** edit ** this also includes a non-disclosed application **

Dan

when will the " ** edit ** this also includes a non-disclosed application **" be released?

thanks for the linux version. Which version should i use when i run it on debian?

[adhitthana]

Did you miss my post above about "ownership" of XChat? XC holders will get shares in XC Inc and will therefore effectively "own" (i.e. get paid for) XChat twice in the event that XC Inc sells the tech to a third party.

That's big (potentially)..

Is there scope for XChat to bypass the internet in the way that  firechat does?
http://opengarden.com/firechat