[ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx!

[ereborltc]

I'm just going to play devil's advocate here for a second, but before I do, I just want to state that I've been with XST from the beginning and I really want to believe in this project. I'm not trying to spread FUD...take it as you will.

When the coin first came out, the lead dev went away for ten days to work on the anon feature, which due to certain circumstances (bad internet connection ect...) was unable to do so.

So now it's going to take two months? It went from ten days to two months?

I understand waiting to release the whitepaper, due to copycats, but I have to play devil's advocate and wonder if there is such a thing as StealthSend or are the devs just giving themselves enough time to figure out a plan.

Again, I'm not trying to spread FUD but I think it's okay to ask questions and show concerns. I don't plan on getting rid of my XST anytime soon.

These are great points. First let me say that I had absolutely no chance to work on that retreat because I couldn't get an internet connection most of the time. I couldn't even fix the syncronization problems with StealthCoin during that period. You'll notice that the day I got back to civilization, things started to improve. Since then, the StealthCoin network quickly became the healthiest network on bittrex and StealthCoin has consistently been in the coinmarketcap top 100.

Changing the plan for StealthSend was completely my idea based on what we wanted StealthSend to be and on the fact that I lost 10 days during the retreat. We've gone through three plans for StealthSend, each more ambitious than the previous. The first plan was to do a centralized mixer, but that idea was scrapped pretty quickly because mixing does not provide trustless cryptographic anonymity.

The second plan was cryptographic in nature, but we decided the problem of blockchain bloat would be crippling after a year or two. I personally investigated this problem of bloat for about one week until I found a solution in the cryptography literature, using a signature system that has only been outlined as a protocol and theoretical proofs. In other words, there is no implementation of the signature system we are going to use for StealthSend. I could show our hand by citing the paper here or even revealing the first author, but that's going to wait for the white paper.

But I believe I can say the following without revealing too much. I'll compare the StealthSend signature system to Cryptonote signatures, which is the only true cryptographic anonymity for cryptocurrencies presently available. A cryptonote signature of 100 keys means that a particular transaction only has a 1% chance of belonging to any one of the addresses in the ring (1/100 = 1%). However, the ring signature for a transaction of 100 keys requires about 64 kb of block chain storage. The StealthSend signature system provides the same level of cryptographic security (1% chance of ownership for the sender) but needs only 1/15th to 1/10th the the space (4 to 6.5 kb). That's a HUGE savings and has serious implications for the long term viability of a coin. Bear in mind that the theory of our signature system is fully supported by peer review and has been published in a reputable journal.

But why will implementing our signature system take so long? Well, there won't be much code in implementing the signature system, but the challenge is in determining what that code should be from the theoretical description of the protocol. That takes time, understanding, and testing. Two months is probably on the short side, but I believe I can do it.

In the mean time, we have been working on a mobile sending technology that I'm really excited about. But we plan to release details in a few days. This technology is no where near as difficult to implement as the new signature system. It's also completely practical. In my opinion, it's a far better mobile technology than other teams have offered.

We'll keep you posted.

--Hondo

you know 2 months is like 2 years in crypto time... koodos to those who can hold that long but pretty sure without features coming in between then the price will go down down down... is there anything coming in between these 2 months??

want to invest but not on a feature thats coming in 2 months..awaiting a response...

thank you

[zeerobje]

Dear Dev,

I believe in this coin but you must do more, we all here need some more. Is it not better when you give us every week some great update of a part of your work, So i mean today we are very proud about a piece of code we implant in XST and it fully works so next week we can start with ....etc. Then we have all some thing to talk...And more people go to watch this coin .

Thanks

[cryptobeast]

I'm just going to play devil's advocate here for a second, but before I do, I just want to state that I've been with XST from the beginning and I really want to believe in this project. I'm not trying to spread FUD...take it as you will.

When the coin first came out, the lead dev went away for ten days to work on the anon feature, which due to certain circumstances (bad internet connection ect...) was unable to do so.

So now it's going to take two months? It went from ten days to two months?

I understand waiting to release the whitepaper, due to copycats, but I have to play devil's advocate and wonder if there is such a thing as StealthSend or are the devs just giving themselves enough time to figure out a plan.

Again, I'm not trying to spread FUD but I think it's okay to ask questions and show concerns. I don't plan on getting rid of my XST anytime soon.

These are great points. First let me say that I had absolutely no chance to work on that retreat because I couldn't get an internet connection most of the time. I couldn't even fix the syncronization problems with StealthCoin during that period. You'll notice that the day I got back to civilization, things started to improve. Since then, the StealthCoin network quickly became the healthiest network on bittrex and StealthCoin has consistently been in the coinmarketcap top 100.

Changing the plan for StealthSend was completely my idea based on what we wanted StealthSend to be and on the fact that I lost 10 days during the retreat. We've gone through three plans for StealthSend, each more ambitious than the previous. The first plan was to do a centralized mixer, but that idea was scrapped pretty quickly because mixing does not provide trustless cryptographic anonymity.

The second plan was cryptographic in nature, but we decided the problem of blockchain bloat would be crippling after a year or two. I personally investigated this problem of bloat for about one week until I found a solution in the cryptography literature, using a signature system that has only been outlined as a protocol and theoretical proofs. In other words, there is no implementation of the signature system we are going to use for StealthSend. I could show our hand by citing the paper here or even revealing the first author, but that's going to wait for the white paper.

But I believe I can say the following without revealing too much. I'll compare the StealthSend signature system to Cryptonote signatures, which is the only true cryptographic anonymity for cryptocurrencies presently available. A cryptonote signature of 100 keys means that a particular transaction only has a 1% chance of belonging to any one of the addresses in the ring (1/100 = 1%). However, the ring signature for a transaction of 100 keys requires about 64 kb of block chain storage. The StealthSend signature system provides the same level of cryptographic security (1% chance of ownership for the sender) but needs only 1/15th to 1/10th the the space (4 to 6.5 kb). That's a HUGE savings and has serious implications for the long term viability of a coin. Bear in mind that the theory of our signature system is fully supported by peer review and has been published in a reputable journal.

But why will implementing our signature system take so long? Well, there won't be much code in implementing the signature system, but the challenge is in determining what that code should be from the theoretical description of the protocol. That takes time, understanding, and testing. Two months is probably on the short side, but I believe I can do it.

In the mean time, we have been working on a mobile sending technology that I'm really excited about. But we plan to release details in a few days. This technology is no where near as difficult to implement as the new signature system. It's also completely practical. In my opinion, it's a far better mobile technology than other teams have offered.

We'll keep you posted.

--Hondo

you know 2 months is like 2 years in crypto time... koodos to those who can hold that long but pretty sure without features coming in between then the price will go down down down... is there anything coming in between these 2 months??

want to invest but not on a feature thats coming in 2 months..awaiting a response...

thank you

Hondo promised an upcoming mobile wallet in a few days and also wallet upgrades here and then due to the long time period that is taking for stealth send to implement

[gustopaz]

We are waiting for some news it start be boring here ,haha 

[Battareus]

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

[Koontas]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders while still keeping some information flowing to everyone.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

[MadGhost]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

we need more steps to be taken

[TheGift73]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders while still keeping some information flowing to everyone.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

Yep, fully agree with keeping the main products as secret as possible for the sake of the coin. The dev and team has continued to support and keep the coin safe and healthy so more than happy with the way things are going so far.

[deadliftbrah]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders while still keeping some information flowing to everyone.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

+1 for protecting XST features, I think this is important as the best coin doesn't always win in this game and a copy cat coin with more PR spin could take all the credit.

Good luck!

[cryptobeast]

My current weight is 3 what is happening??? i had more than 20000 last time i checked!!!?? Reward at 109 days...can someone explain me how this works beacause i ve never had such a low weight before.

[bookworm]

I am still at 324 on network weight of 325957

edit: I should say that is the same as it has been for a while. Nothing wrong for me.

[EmilioMann]

My current weight is 3 what is happening??? i had more than 20000 last time i checked!!!?? Reward at 109 days...can someone explain me how this works beacause i ve never had such a low weight before.

I am still at 324 on network weight of 325957

try close and restart wallet or type repairwallet in console

[cryptobeast]

My current weight is 3 what is happening??? i had more than 20000 last time i checked!!!?? Reward at 109 days...can someone explain me how this works beacause i ve never had such a low weight before.

I am still at 324 on network weight of 325957

try close and restart wallet or type repairwallet in console

Tried that already, nothing happened

[BTCwriter]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders while still keeping some information flowing to everyone.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

Good to know anything from the team, confident build up real fast. Stealthcoin is hover around #100 at coinmarketcap for quite some time now. I can't wait when it will be around #50, at #50 some people here going to be big whale for sure. StealthCoin at #20 most of us here going to be rich and big whale. I will give thanks to Hondo and the team for the rest of my life if Stealthcoin is at #10. I'm sure stealthoutlet and my other project could only take weeks instead of months to finished if StealthCoin is #10. To other readers please note I'm not part of Stealthcoin team but I chose Stealthcoin to invest and creating the add-on products to the coin.

[boopy265420]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders while still keeping some information flowing to everyone.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

Good to know anything from the team, confident build up real fast. Stealthcoin is hover around #100 at coinmarketcap for quite some time now. I can't wait when it will be around #50, at #50 some people here going to be big whale for sure. StealthCoin at #20 most of us here going to be rich and big whale. I will give thanks to Hondo and the team for the rest of my life if Stealthcoin is at #10. I'm sure stealthoutlet and my other project could only take weeks instead of months to finished if StealthCoin is #10. To other readers please note I'm not part of Stealthcoin team but I chose Stealthcoin to invest and creating the add-on products to the coin.

Totally agree with you bro. I hold large number of stealth for months and i am sure this will make us rich just need little more patience.

[zeerobje]

We are waiting for some news it start be boring here ,haha  

The web wallet it in progress and we are kicking off the mobile sending technology project Hondo mentioned.  Let me see if I can squeeze him to release some more details for you guys but as you see below we've got quite a few copycats out there right now which is why we're hesitant to announce anything before it's finished.  

There isn't any protection when it comes to open source projects so we've got to take any steps we possibly can to protect the best interests of XST holders while still keeping some information flowing to everyone.  I'm sure you guys all understand this as we see it all day long.  

http://s017.radikal.ru/i409/1408/90/11f555226bf9.jpg

Good to know anything from the team, confident build up real fast. Stealthcoin is hover around #100 at coinmarketcap for quite some time now. I can't wait when it will be around #50, at #50 some people here going to be big whale for sure. StealthCoin at #20 most of us here going to be rich and big whale. I will give thanks to Hondo and the team for the rest of my life if Stealthcoin is at #10. I'm sure stealthoutlet and my other project could only take weeks instead of months to finished if StealthCoin is #10. To other readers please note I'm not part of Stealthcoin team but I chose Stealthcoin to invest and creating the add-on products to the coin.

Totally agree with you bro. I hold large number of stealth for months and i am sure this will make us rich just need little more patience.

You think, but the Dev must have a better strategie, I not mean the give the source code ore the secrets of XST on  this moment. But when they work on a mobile wallet they can maybe make a secret printsccreen to show, ore when he implant some code to make the coin better. The Dev can tell today we do 90% of the test and it works Great etc etc. So not to tell their secrets but little more information of the work status, maybe talk in secret terms. We all here are the buyers and a good product must give 99% trust. Of course the dev can change their strategie no problem but then you must come with better update's. On twitter is the coin almost .... So let's start with a good strategie for this great Coin..

Show use some progress Dev.       

[StealthDevs]

You think, but the Dev must have a better strategie, I not mean the give the source code ore the secrets of XST on  this moment. But when they work on a mobile wallet they can maybe make a secret printsccreen to show, ore when he implant some code to make the coin better. The Dev can tell today we do 90% of the test and it works Great etc etc. So not to tell their secrets but little more information of the work status, maybe talk in secret terms. We all here are the buyers and a good product must give 99% trust. Of course the dev can change their strategie no problem but then you must come with better update's. On twitter is the coin almost .... So let's start with a good strategie for this great Coin..

Show use some progress Dev.      

It's hard to show progress on cryptographic technology. Our progress this weekend included bringing a security expert onto the team. We have started coding the mobile app and have worked with our new expertise to hammer out the structure of the mobile transaction. Also, our designer is back from vacation, so the roadmap is updated on the website and will be released as an infographic soon.

We are working on cryptographically strong features here, so we put a lot of thought into each step.

http://www.stealth-coin.com/#roadmap

[zeerobje]

Thanks Dev,

Thats what i mean thanks, this coin has a strong dev. Always react quick. 

This coin is one of the best invest you can make for short and of course long term.

 

[BrianM]

what I like best about Stealthcoin is that you can almost not see it! Because it is F***** STEALTH!

[BTCwriter]

what I like best about Stealthcoin is that you can almost not see it! Because it is F***** STEALTH!

LOL
Good one.