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

[synechist]

I've posted an updated wallet for testing on testnet, includes the latest group chat code and most of the stealth address code [stealth is not fully enabled in this release]

Download available at >>>> http://downloads.xc-official.com/testing/windows/xc-testnet.zip          ---- password is "xc" no quotes

* Remeber this is for "testnet" only, please launch with the included batch file as it contains the testnet node information
* Group chat works, most of the bugs have been resolved, but we'll use this release to identify any more
* Working Stealth address's will be released tomorrow



Mobile Wallet Update
* Based on the feedback, an updated release is coming with improved QR handling/camera auto-focus support


Dan

Any comment on the pre-mine?  Will we see continued development on Mac?

The statement I made earlier was drafted by Dan and I.

Of course he may comment further, but his position regarding the premine has been clarified.

Continued development for Mac is a certainty.

[G-Bert]

Pookie this is no time to imagine that your banned status no longer applies.

I always see it as a good sign when pookie is around saying were all fucked. It seems to generally mean he wants cheaper coins. I say let him carry on, lets see how low we can go Im still buying. lets try get down to 20  

[synechist]

Pookie this is no time to imagine that your banned status no longer applies.

I always see it as a good sign when pookie is around saying were all fucked. It seems to generally mean he wants cheaper coins. I say let him carry on, lets see how low we can go Im still buying. lets try get down to 20  

Ha ha!

[CryptoChronic]

Wow post being ripped down with-in seconds

[URSAY]

I've posted an updated wallet for testing on testnet, includes the latest group chat code and most of the stealth address code [stealth is not fully enabled in this release]

Download available at >>>> http://downloads.xc-official.com/testing/windows/xc-testnet.zip          ---- password is "xc" no quotes

* Remeber this is for "testnet" only, please launch with the included batch file as it contains the testnet node information
* Group chat works, most of the bugs have been resolved, but we'll use this release to identify any more
* Working Stealth address's will be released tomorrow



Mobile Wallet Update
* Based on the feedback, an updated release is coming with improved QR handling/camera auto-focus support


Dan

Any comment on the pre-mine?  Will we see continued development on Mac?

The statement I made earlier was drafted by Dan and I.

Of course he may comment further, but his position regarding the premine has been clarified.

Continued development for Mac is a certainty.

What statement?  Link?

Can you share any specifics about Mac development?

[Artoodeetoo]

This is really bad news, looks like the mystery dumpers were the hired help.. great.. Dan has always seemed like a great guy but I think he will find this decision and the lack of transparency to be a catastrophic error of judgement... very, very sad to see this...

Back in the day would I have bought on good news knowing I was probably helping the dumpers get out.. no way....

Also synechist, you do a great job and I often praised it but I had no idea you were on the payroll, ditto teka... this really does not sit well...

You don't think it's right that I get paid?

BTW, "mystery dumpers were hired help"? I don't know what that means.

I personally have not been dumping one bit.

Whenever I've had rent to pay I'd plan ahead and sell in little amounts on an uptrend.

Not saying you should Not be paid just had no idea you were.. it's almost like insider dealing in a sense X coin dev and inner circle selling should be disclosed... I cannot believe a single word about this approach was never mentioned.

I consider my salary a private concern. Despite this, I've not kept the fact that I am paid for my work a secret; I've mentioned it here a couple of times.

The idea that a salary is equivalent to insider dealing is absurd IMO.

The really obvious question is: does anyone here seriously think I'd do 5 months of full time work for free?

Syn, its not the fact you were being paid, its the fact that all sorts of things were being paid for out of the pre mine (including you) and I had not idea...

I would have liked to have known you were being paid though, yes...

It is also clear to me now why these mystery dumps happened, we paid (an unknown amount of XC for say - the ATM scheme) we bought into that and they dumped into it....

Personally - had I known all of these schemes were being funded from the premine I would have at least put my opinion across which would have been, focus the premine on getting REV2, REV2.5, REV3 and mobile wallet / app out there... Forget the rest.... Once the core is sound look to expand the operation....

As it was I can see now I really had very little idea what was going on... Or that XC was being spent on quite a large scale...

XC was always run "like a PLC" thats how it has been branded... PLC's do P+L and declare expenses etc etc.... Private companies don't and that's their privilege..

Ultimately though these calls are not mine to make... And I do think you and Dan are both absolutely spot on.. I just think the ball has been dropped big time here, and PERSONALLY, I don't think XC will recover.. Glad to be proved wrong, but I have seen what happens when trust goes in a project many times in the crypto arena... And there are viable alternatives which can be trusted which I think you will see people move towards...

I hope for the guys who have gone in large here I am wrong, as there are some awfully good types in this thread.. I just think they have been shat on.

[CryptoClub]

If the FUD gets any stronger I might just buy more. (lol)

I personally stay diversified in coins with active development and don't really day trade much, just hold for the long haul and do pretty well with it. BTC is currently taking a hit and nobody is happy about most Alts going down, and I don't have a huge stake in XC, but if BLOCKNET is a success then XC should get a nice bump.

[synechist]

I've posted an updated wallet for testing on testnet, includes the latest group chat code and most of the stealth address code [stealth is not fully enabled in this release]

Download available at >>>> http://downloads.xc-official.com/testing/windows/xc-testnet.zip          ---- password is "xc" no quotes

* Remeber this is for "testnet" only, please launch with the included batch file as it contains the testnet node information
* Group chat works, most of the bugs have been resolved, but we'll use this release to identify any more
* Working Stealth address's will be released tomorrow



Mobile Wallet Update
* Based on the feedback, an updated release is coming with improved QR handling/camera auto-focus support


Dan

Any comment on the pre-mine?  Will we see continued development on Mac?

The statement I made earlier was drafted by Dan and I.

Of course he may comment further, but his position regarding the premine has been clarified.

Continued development for Mac is a certainty.

What statement?  Link?

Can you share any specifics about Mac development?

The statement on the premine and future funding.

We'll continue to refine the Mac build until it works completely. And we'll support Mac indefinitely after that.

[synechist]

I've posted an updated wallet for testing on testnet, includes the latest group chat code and most of the stealth address code [stealth is not fully enabled in this release]

Download available at >>>> http://downloads.xc-official.com/testing/windows/xc-testnet.zip          ---- password is "xc" no quotes

* Remeber this is for "testnet" only, please launch with the included batch file as it contains the testnet node information
* Group chat works, most of the bugs have been resolved, but we'll use this release to identify any more
* Working Stealth address's will be released tomorrow



Mobile Wallet Update
* Based on the feedback, an updated release is coming with improved QR handling/camera auto-focus support


Dan

Any comment on the pre-mine?  Will we see continued development on Mac?

The statement I made earlier was drafted by Dan and I.

Of course he may comment further, but his position regarding the premine has been clarified.

Continued development for Mac is a certainty.

What statement?  Link?

Can you share any specifics about Mac development?

The statement on the premine and future funding.

We'll continue to refine the Mac build until it works completely. And we'll support Mac indefinitely after that.

Here it is, for convenience:

Hi all

I can now give some clarity on the status of XC's premine:

- The premine has been completely spent since mid September.

- Dan has been part-funding XC's development since day one (XChat and the multipool, among other things), and funding it entirely since Rev 2.

- Dan will continue to fund XC's development, and so nothing about the source of the funding or the pace of development will change.

- Specifically, XC's funding comes from Dan's corporation, which has pioneered IP over RF in marine environments.

- The premine was not dumped or traded for profit at any stage.

- The premine was used exclusively for paying for XC's project - that is, for Teka and I to work, for websites, PR expenses, the ATM deal, etc.



XC is, and will continue to be, Dan's baby. He has personally invested over 1000 hours of his time into it.
Since it's been developed at his own expense for some time, you have good reason to believe that he won't just lose interest.
His personal stake is significant, and this serves to increase his commitment.

[trust.no.one]

XC is so frustrating to watch.  I have no idea what is going on.  I got into this coin because I thought it would be a great currency.  I thought there would be useful features added continuously.  Now we have blocknet instead to use other coins' features.  Why?  What is the benefit for us?  Why not just add those features we want to XC?  What benefit does blocknet have outside of this?

Now the price is plummeting because there are no new investors?  Why?  Maybe all the people who considered buying have been scared away by F.U.D.  To them XC is now the same as any other scamcoin.  

Other coins have declared war on us.  They're sending their minions in here to spread fear among potential investors and it's working.  This is the information age and there is an information war against us, and we are letting them win.  Why is there so much FUD in this thread?  This is a moderated thread.  It should be HEAVILY moderated.  It's so infuriating to watch these people post in here time after time. Legitimate questions are fine and should be encouraged.  Obvious FUD should be deleted on the spot.  And yet it's everywhere.  Anyone that comes here for no other reason than to discredit the coin should be banned and have there posts deleted.  What a disaster this has become.

I don't doubt the technology is there and the coin will be ready one day.  But by then it might be too late.  Perception is everything here.  It doesn't matter if we have the best technology if no one believes it.  We are allowing our perception to be tarnished every day.  It needs to stop.

[trust.no.one]

And this nonsense about the premine.  My God! 

Yes the premine was spent on development.  The horror! 

That's what the premine is for.  What else is the point?

And then idiots come claiming that the premine is Dan's personal wallet.  Shit like this should be deleted immediately.   Clarify what's going on for everyone and then delete this nonsense.

[synechist]

If you want answers on why the Blocknet is good for XC: https://bitcointalk.org/index.php?topic=829576.msg9269808#msg9269808

[URSAY]

Hi all

I can now give some clarity on the status of XC's premine:

- The premine has been completely spent since mid September.

- Dan has been part-funding XC's development since day one (XChat and the multipool, among other things), and funding it entirely since Rev 2.

- Dan will continue to fund XC's development, and so nothing about the source of the funding or the pace of development will change.

- Specifically, XC's funding comes from Dan's corporation, which has pioneered IP over RF in marine environments.

- The premine was not dumped or traded for profit at any stage.

- The premine was used exclusively for paying for XC's project - that is, for Teka and I to work, for websites, PR expenses, the ATM deal, etc.



XC is, and will continue to be, Dan's baby. He has personally invested over 1000 hours of his time into it.
Since it's been developed at his own expense for some time, you have good reason to believe that he won't just lose interest.
His personal stake is significant, and this serves to increase his commitment.

What is the name of Dan's corporation?

Can you break down how the pre-mine was spent on the projects you mention?  The Reddit thread said this would be done during the spending process but that did not happen.  Now you have an opportunity to correct this.

[hoertest]

If you want answers on why the Blocknet is good for XC: https://bitcointalk.org/index.php?topic=829576.msg9269808#msg9269808

please don't ride this to death. the blocknet is not the easiest concept to gasp and it will not sell XC for a long time to come till its advantages (that i see btw) are proven by working. XC will sell XC. the mixer the chat  working flawlessly and thats it at least for a couple of months. please realise that not all have already developed your vision of a future ecosystem of colaboration, by so you are marketing xc to a niche group right now.

[trust.no.one]

I don't care about blocknet.  I want to know why does it even exist.  Any feature you can add to blocknet can be added directly to XC.  

Generating revenue through fees is a pipedream.  How are we supposed to believe in small fees when XC is consistently losing massive value?  We need a stable currency first.  And I don't see how blocknet helps us get there at all.  Maybe it's useful.  If it just involves borrowing other coins' features I don't see the use.  Any coin can add any feature it wants.  It would be much more preferable to have one coin with all the features of the other coins.  

[G-Bert]

Pookie this is no time to imagine that your banned status no longer applies.

I always see it as a good sign when pookie is around saying were all fucked. It seems to generally mean he wants cheaper coins. I say let him carry on, lets see how low we can go Im still buying. lets try get down to 20  

Ha ha!

Im serious man! Look, the price is already going back up! bring on the FUD!  

[URSAY]

the mixer the chat  working flawlessly and thats it at least for a couple of months.

This statement is not entirely true.

[synechist]

I don't care about blocknet.  I want to know why does it even exist.  Any feature you can add to blocknet can be added directly to XC.  

Generating revenue through fees is a pipedream.  How are we supposed to believe in small fees when XC is consistently losing massive value?  We need a stable currency first.  And I don't see how blocknet helps us get there at all.  Maybe it's useful.  If it just involves borrowing other coins' features I don't see the use.  Any coin can add any feature it wants.  It would be much more preferable to have one coin with all the features of the other coins.  

Let's talk about this in the Blocknet thread.

It's not true that any feature you can add to blocknet can be added directly to XC.  

[JakeThePanda]

I don't care about blocknet.  I want to know why does it even exist.  Any feature you can add to blocknet can be added directly to XC.  

Generating revenue through fees is a pipedream.  How are we supposed to believe in small fees when XC is consistently losing massive value?  We need a stable currency first.  And I don't see how blocknet helps us get there at all.  Maybe it's useful.  If it just involves borrowing other coins' features I don't see the use.  Any coin can add any feature it wants.  It would be much more preferable to have one coin with all the features of the other coins.  

Let's talk about this in the Blocknet thread.

It's not true that any feature you can add to blocknet can be added directly to XC.  

The pipedream is the belief that features are going to make a crypto currency stable.  Let's get this straight right now, the only feature that will make any crypto stable is demand to use it for something other than holding for price appreciation.  The demand to use it is the only feature that will change the crypto environment to anything other than a trading game.  The crypto that solves this puzzle wins and none are close yet.

[synechist]

I don't care about blocknet.  I want to know why does it even exist.  Any feature you can add to blocknet can be added directly to XC.  

Generating revenue through fees is a pipedream.  How are we supposed to believe in small fees when XC is consistently losing massive value?  We need a stable currency first.  And I don't see how blocknet helps us get there at all.  Maybe it's useful.  If it just involves borrowing other coins' features I don't see the use.  Any coin can add any feature it wants.  It would be much more preferable to have one coin with all the features of the other coins.  

Let's talk about this in the Blocknet thread.

It's not true that any feature you can add to blocknet can be added directly to XC.  

The pipedream is the belief that features are going to make a crypto currency stable.  Let's get this straight right now, the only feature that will make any crypto stable is demand to use it for something other than holding for price appreciation.  The demand to use it is the only feature that will change the crypto environment to anything other than a trading game.  The crypto that solves this puzzle wins and none are close yet.

Hmm... stay tuned.

(We've been dead-set on the objective of real-world usability from the beginning. Something new is coming.)