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Author Topic: Does XC uses multisig address and transaction? The answer is NO!! Facts here!  (Read 4988 times)
timerland (OP)
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August 16, 2014, 12:47:03 AM
Last edit: August 16, 2014, 05:27:43 PM by timerland
 #1

XC, a hot alt coin, claims that it is a trustless system and uses multisig technology to do it. See below



But I am puzzled by the fact that despite they talk like this, I don't see a single multisig address in XC nor do I see any multisig tx. As we all know, these are the central parts, if we do use this technology, we will see a lot talk about it, like in whitepaper, in thread discussions, the multisig addresses and tx are shown in the blockchain explorer etc (look at Superoicn/MammothCoin's threads, there are plenty talk on that. I can find quickly 10 multisig addresses and associated with transactions, they are currently doing alpha tests in mammothcoin network, so all the multisig addresses are for Mammothcoin, soon I expect to see for supercoinsm which is scheduled for beta tests). Can anyone show me XC's multisig addresses and their associated transactions?

This should be an easy thing to do. But since I don't see any, I doubt if the multisig is really implemented in XC. It looks more like a scam to me. Also, when I search the XC thread, I see this from someone (likely a dev of XC):



m-of-m multisig? Are you drunk? What fun will you have to have m-of-m multisig?? If one guy is bad then you want the wallet is locked forever? Do you guys understand what is a multisig address and how to use it?

It looks like this is a scam. Otherwise please show me some good examples you use in XC.

BTW, for Mammothcoin, they are testing for multisig trustless systems now, you see plenty multisig addresses and transactions there, you can even join the tests I think. There are some recordings in Mammothcoin/Supercoin's thread, for example:
http://screencast-o-matic.com/watch/c2j2IinsMO

and this is one of many multisig address with some transactions associated with it (there are plenty similar ones):
http://chainz.cryptoid.info/mamm/address.dws?bTz39geL1BR5UUdAciB8oh1F33eW1FXFcW.htm

Also they explained very clearly the concept and detailed workflow they use for the multisig trustless system:
https://bitcointalk.org/index.php?topic=736705.msg8324932#msg8324932

Can you show me similar details in XC? If it is really there Grin

EDIT: The answer seems no, the XC dev provided two links with only regular XC addresses. People in the forum created examples of the XC multisig addresses for them  Grin See below:

OK, for those from XC who never seen a real XC multisig address, let me show you what it is, and you can tell me if there are any exist today on the blockchain Grin

All the one posted in the above links by synechist are regular XC addresses, they are not multisig addresses, why? because XC's multisig address starts with 4, not X.

I downloaded XC wallet, and from there in console, I created 2 multisig addresses.

I used these 3 private-public key pairs:

public key: 033942099d7fb91a51b0e2899040c36cf5337002f43b2e80ec3afe3c81cbb5a3db
private key: X35fMeU3c159SX4tWVnA7ZW7DxTyw7BCqEmt92Nw5N87kezytJSZ

public key: 02733ae45bf1d7fc5b24dcdbf54c0dd2b106a39233e65cdb47fd0fd925734f4b83
private key: X7oy79myB5WmKXAjey6oZPfo12BHmwRfD9k4rmL2oYUMdjff48NU

public key: 02307e5d3924fa8d95093ed61bfa4ecb4bf108196013ee1de466589bcf3fb212b8
private key: X2z4smxErHnkVBZnWzfPMDMNdMvD3mAnB7w7YD1BFeppf3iqUyWJ

these pairs are derived from the addresses I have. From there I created 2 addresses: 2-of-3 multisig address and 3-of-3 multisig address (though this one is of no use - just to show):

2-of-3 multisig address: 4ShqMQFoQFLBzhXDs3aJJMnDNLZ9JTrxKH
3-of-3 multisig address: 4XCmiwfQCm6gQNrW6kaXZJawLPekQGQf5o

BTW, you can make some deposits to 2-of-3 multisig address, and I can show you how to spend it. I can do a tutorial for you guys who have no ideas on what is a multisig address. Grin Grin


wow, thanks some138 to show us what are the real multisig addresses in XC.

From what XC's dev's post, and the "multisig" tx and address they provided in the above links, I can say that they did not understand what is a multisig, they mixed multi input/out tx with multisig? Anyway, they did not seem to implement the multisig at all. Looks like they've been cheating all the way along (consciously or unconsciously).

Multisig addresses usually start with a different letter than their regular address. For example, Bitcoin's regular address starts with "1", its multisig address starts with "3". Supercoin's regular address starts with "S", its multisig address starts with "C". Mammothcoin's regular address starts with "M", its multisig address starts with "b". etc. For XC, its regular address starts with X and multisig address starts with "4". Everyone can create a multisig address using XC client and verify yourself.




Smiley
greenclover
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August 16, 2014, 12:50:36 AM
 #2

that's exactly the questions I asked in their thread, glad you posted a thread to discuss it. thanks.
timerland (OP)
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August 16, 2014, 12:52:03 AM
 #3

that's exactly the questions I asked in their thread, glad you posted a thread to discuss it. thanks.

I have this question myself for some time, I saw your message in their thread. It's better have a separate thread to discuss it.

Smiley
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August 16, 2014, 01:00:11 AM
Last edit: August 16, 2014, 02:02:05 PM by SushiChef
 #4

----- !!WARNING!! THIS THREAD IS A SUPER / MAMM PROMOTIONAL THREAD -----

And I was just starting to go to bed.. Popcorn time

Just so everyone knows, ATCsecure is releasing a whitepaper this weekend to explain The Tech! That will clarify all questions

EDIT:

Can anyone show me XC's multisig addresses and their associated transactions?
Would these satisfy your curiosity?
- http://chainz.cryptoid.info/xc/block.dws?62014.htm
- http://chainz.cryptoid.info/xc/tx.dws?229177.htm

You're an arse for fudding instead of just downloading the wallet and trying out Privacy Mode.

Quote
m-of-m multisig? Are you drunk? What fun will you have to have m-of-m multisig?? If one guy is bad then you want the wallet is locked forever?

So, your reasoning process:
- timerland doesn't understand the point of m-of-m multisig.

- timerland doesn't bother to ask people from XC what m-of-m is used for.

- timerland simply concludes, with the foolhardiness of a drunk pullet, that the truth is not that he lacks understanding but that XC is a scam.


You're not very civil are you?

Just come and ask us questions next time instead of creating a fruitless and irritating FUD thread.

If you have further questions, you're welcome to ask, nicely.



----- !!WARNING!! THIS THREAD IS A SUPER / MAMM PROMOTIONAL THREAD -----
BTCgraphics
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August 16, 2014, 01:04:27 AM
 #5

And I was just starting to go to bed.. Popcorn time

Just so everyone knows, ATCsecure is releasing a whitepaper this weekend to explain The Tech! That will clarify all questions
some138
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August 16, 2014, 01:05:54 AM
 #6

Yes Supercoin dev published very detailed workflows, maybe XC can copy it and implement it.... but it will take weeks to do  Grin Grin Grin

ChrisSommer
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August 16, 2014, 01:07:04 AM
 #7

XC, a hot alt coin, claims that it is a trustless system and uses multisig technology to do it. See below

http://s27.postimg.org/3kzdq8no3/Capture.png

But I am puzzled by the fact that despite they talk like this, I don't see a single multisig address in XC nor do I see any multisig tx. As we all know, these are the central parts, if we do use this technology, we will see a lot talk about it, like in whitepaper, in thread discussions, the multisig addresses and tx are shown in the blockchain explorer etc (look at Superoicn/MammothCoin's threads, there are plenty talk on that. I can find quickly 10 multisig addresses and associated with transactions, they are currently doing alpha tests in mammothcoin network, so all the multisig addresses are for Mammothcoin, soon I expect to see for supercoinsm which is scheduled for beta tests). Can anyone show me XC's multisig addresses and their associated transactions?

This should be an easy thing to do. But since I don't see any, I doubt if the multisig is really implemented in XC. It looks more like a scam to me. Also, when I search the XC thread, I see this from someone (likely a dev of XC):

http://s28.postimg.org/lqf8b7ngd/Capture.png

m-of-m multisig? Are you drunk? What fun will you have to have m-of-m multisig?? If one guy is bad then you want the wallet is locked forever? Do you guys understand what is a multisig address and how to use it?

It looks like this is a scam. Otherwise please show me some good examples you use in XC.

BTW, for Mammothcoin, they are testing for multisig trustless systems now, you see plenty multisig addresses and transactions there, you can even join the tests I think. There are some recordings in Mammothcoin/Supercoin's thread, for example:
http://screencast-o-matic.com/watch/c2j2IinsMO

and this is one of many multisig address with some transactions associated with it (there are plenty similar ones):
http://chainz.cryptoid.info/mamm/address.dws?bTz39geL1BR5UUdAciB8oh1F33eW1FXFcW.htm

Also they explained very clearly the concept and detailed workflow they use for the multisig trustless system:
https://bitcointalk.org/index.php?topic=736705.msg8324932#msg8324932

Can you show me similar details in XC? If it is really there Grin





Sorry to bother but I'm just curious, you wasted that time to write all those things down, but you don't dare to do a tx yourself to test this out?

greenclover
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August 16, 2014, 01:08:33 AM
 #8


Just so everyone knows, ATCsecure is releasing a whitepaper this weekend to explain The Tech! That will clarify all questions

a whitepaper does not solve much, I asked a very very simple question (nothing is simpler if they already implemented it):

- Can you please point to me some XC's multisig addresses and their transactions, so I can verify independently if the multisig is indeed implemented as you claimed.

If I want an example from Mammthcoin, I can get it in less than 30 sec in their thread.


Can anyone do me a favor and provide me the info I want? Again nothing is simpler, if it is there already
SushiChef
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August 16, 2014, 01:10:35 AM
Last edit: August 16, 2014, 02:03:19 PM by SushiChef
 #9


----- !!WARNING!! THIS THREAD IS A SUPER / MAMM PROMOTIONAL THREAD -----

Yes Supercoin dev published very detailed workflows, maybe XC can copy it and implement it.... but it will take weeks to do  Grin Grin Grin

Supercoin.. I remember that one. Visited that thread for couple days and figured scam. XC had rev. 1 mixer installed by then and The super "whitepaper" was based on those principels..

XC is currently rev 2.47 lightyears further then rev. 1

EDIT:

Can anyone show me XC's multisig addresses and their associated transactions?
Would these satisfy your curiosity?
- http://chainz.cryptoid.info/xc/block.dws?62014.htm
- http://chainz.cryptoid.info/xc/tx.dws?229177.htm

You're an arse for fudding instead of just downloading the wallet and trying out Privacy Mode.

Quote
m-of-m multisig? Are you drunk? What fun will you have to have m-of-m multisig?? If one guy is bad then you want the wallet is locked forever?

So, your reasoning process:
- timerland doesn't understand the point of m-of-m multisig.

- timerland doesn't bother to ask people from XC what m-of-m is used for.

- timerland simply concludes, with the foolhardiness of a drunk pullet, that the truth is not that he lacks understanding but that XC is a scam.


You're not very civil are you?

Just come and ask us questions next time instead of creating a fruitless and irritating FUD thread.

If you have further questions, you're welcome to ask, nicely.



----- !!WARNING!! THIS THREAD IS A SUPER / MAMM PROMOTIONAL THREAD -----
adhitthana
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August 16, 2014, 01:13:09 AM
Last edit: August 16, 2014, 01:31:17 AM by adhitthana
 #10

I doubt if the multisig is really implemented in XC. It looks more like a scam to me.
Good. I bought a bag of Mamm at around  250 Satoshi... I hope the coin goes up, but I'll probably just sell and buy some more XC. Smiley
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August 16, 2014, 01:13:36 AM
Last edit: August 16, 2014, 12:58:19 PM by SushiChef
 #11


Just so everyone knows, ATCsecure is releasing a whitepaper this weekend to explain The Tech! That will clarify all questions

a whitepaper does not solve much, I asked a very very simple question (nothing is simpler if they already implemented it):

- Can you please point to me some XC's multisig addresses and their transactions, so I can verify independently if the multisig is indeed implemented as you claimed.

If I want an example from Mammthcoin, I can get it in less than 30 sec in their thread.


Can anyone do me a favor and provide me the info I want? Again nothing is simpler, if it is there already

Why you need us to provide this Intel? Also asking in such a negative way is not helping in getting support from XC community

EDIT:

Can anyone show me XC's multisig addresses and their associated transactions?
Would these satisfy your curiosity?
- http://chainz.cryptoid.info/xc/block.dws?62014.htm
- http://chainz.cryptoid.info/xc/tx.dws?229177.htm

You're an arse for fudding instead of just downloading the wallet and trying out Privacy Mode.

Quote
m-of-m multisig? Are you drunk? What fun will you have to have m-of-m multisig?? If one guy is bad then you want the wallet is locked forever?

So, your reasoning process:
- timerland doesn't understand the point of m-of-m multisig.

- timerland doesn't bother to ask people from XC what m-of-m is used for.

- timerland simply concludes, with the foolhardiness of a drunk pullet, that the truth is not that he lacks understanding but that XC is a scam.


You're not very civil are you?

Just come and ask us questions next time instead of creating a fruitless and irritating FUD thread.

If you have further questions, you're welcome to ask, nicely.


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August 16, 2014, 01:35:56 AM
 #12

All I see is more mammoth supporters trying to FUD on the coin the fear the most, it's quite hilarious actually.....with a little dash of pathetic:-)

You guys do realize your dev and community are making themselves look childish and desperate right??  It's all the rest of us see!
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August 16, 2014, 02:24:30 AM
 #13

that's exactly the questions I asked in their thread, glad you posted a thread to discuss it. thanks.

I have this question myself for some time, I saw your message in their thread. It's better have a separate thread to discuss it.

I would suggest you look at XC's Dev, Dan Metcalf's resume, and see that he is quite capable of what he says.   Also, you will have a nice shot at a very nice bounty very soon with the 3.0 release and a look at the whitepaper coming out soon.   
timerland (OP)
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August 16, 2014, 02:48:53 AM
 #14


Just so everyone knows, ATCsecure is releasing a whitepaper this weekend to explain The Tech! That will clarify all questions

a whitepaper does not solve much, I asked a very very simple question (nothing is simpler if they already implemented it):

- Can you please point to me some XC's multisig addresses and their transactions, so I can verify independently if the multisig is indeed implemented as you claimed.

If I want an example from Mammthcoin, I can get it in less than 30 sec in their thread.


Can anyone do me a favor and provide me the info I want? Again nothing is simpler, if it is there already

Why you need us to provide this Intel? Also asking in such a negative way is not helping in getting support from XC community

No need to waste time, just provide info. Fact is fact, you can write 1000 pages, still equal ZERO, show your facts!

Smiley
timerland (OP)
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August 16, 2014, 02:52:45 AM
 #15

that's exactly the questions I asked in their thread, glad you posted a thread to discuss it. thanks.

I have this question myself for some time, I saw your message in their thread. It's better have a separate thread to discuss it.

I would suggest you look at XC's Dev, Dan Metcalf's resume, and see that he is quite capable of what he says.   Also, you will have a nice shot at a very nice bounty very soon with the 3.0 release and a look at the whitepaper coming out soon.   

Resume does not mean anything, do you know satoshi's resume? People put all bullshits in their resumes. If the XC truly supports multisig, just show a multisig address as greenclover asked. Very simple.

If you ask me whether Mammothcoin / supercoin's supersend really support multisig or not, I can show you their multisig address/tx in 10 secs, very easy. So don't talk garbage here, show the facts.


Smiley
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August 16, 2014, 03:05:46 AM
 #16


Just so everyone knows, ATCsecure is releasing a whitepaper this weekend to explain The Tech! That will clarify all questions

a whitepaper does not solve much, I asked a very very simple question (nothing is simpler if they already implemented it):

- Can you please point to me some XC's multisig addresses and their transactions, so I can verify independently if the multisig is indeed implemented as you claimed.

If I want an example from Mammthcoin, I can get it in less than 30 sec in their thread.


Can anyone do me a favor and provide me the info I want? Again nothing is simpler, if it is there already

Why you need us to provide this Intel? Also asking in such a negative way is not helping in getting support from XC community

No need to waste time, just provide info. Fact is fact, you can write 1000 pages, still equal ZERO, show your facts!

If they had it, they would not waste time here. But unfortunately they clearly don't, they just hype, and don't have real things...
toaster3
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August 16, 2014, 03:06:46 AM
 #17

XC, a hot alt coin, claims that it is a trustless system and uses multisig technology to do it. See below



But I am puzzled by the fact that despite they talk like this, I don't see a single multisig address in XC nor do I see any multisig tx. As we all know, these are the central parts, if we do use this technology, we will see a lot talk about it, like in whitepaper, in thread discussions, the multisig addresses and tx are shown in the blockchain explorer etc (look at Superoicn/MammothCoin's threads, there are plenty talk on that. I can find quickly 10 multisig addresses and associated with transactions, they are currently doing alpha tests in mammothcoin network, so all the multisig addresses are for Mammothcoin, soon I expect to see for supercoinsm which is scheduled for beta tests). Can anyone show me XC's multisig addresses and their associated transactions?

This should be an easy thing to do. But since I don't see any, I doubt if the multisig is really implemented in XC. It looks more like a scam to me. Also, when I search the XC thread, I see this from someone (likely a dev of XC):



m-of-m multisig? Are you drunk? What fun will you have to have m-of-m multisig?? If one guy is bad then you want the wallet is locked forever? Do you guys understand what is a multisig address and how to use it?

It looks like this is a scam. Otherwise please show me some good examples you use in XC.

BTW, for Mammothcoin, they are testing for multisig trustless systems now, you see plenty multisig addresses and transactions there, you can even join the tests I think. There are some recordings in Mammothcoin/Supercoin's thread, for example:
http://screencast-o-matic.com/watch/c2j2IinsMO

and this is one of many multisig address with some transactions associated with it (there are plenty similar ones):
http://chainz.cryptoid.info/mamm/address.dws?bTz39geL1BR5UUdAciB8oh1F33eW1FXFcW.htm

Also they explained very clearly the concept and detailed workflow they use for the multisig trustless system:
https://bitcointalk.org/index.php?topic=736705.msg8324932#msg8324932

Can you show me similar details in XC? If it is really there Grin




m-of-m multisig, hahaha, they have no idea what they talk about, they know only the buzz word Grin
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August 16, 2014, 03:34:18 AM
Last edit: August 16, 2014, 06:13:55 PM by btcsup
 #18

XC absolutely have nothing, just cheating. Their supporters must ask from dev (the authority lol.) pay for their potential loses in the future!

They seem buzz words experts but absulately not multisig  Grin


LIES are not sustainable
XC LIES YOU CAN LIE BUT WE SPEAK TRUTH

----- !!WARNING!! THIS THREAD IS SPEAKING TRUTH ABOUT XC HYPE -----

Agreed!

----- ---- !!WARNING!! THIS THREAD IS SPEAKING TRUTH ABOUT XC HYPE -----

Free SIGNs giving everyday. Be part, don't miss!. SrmjM2Q8BK8S92TmLP7V3j3YNVJSY3KZ6G
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August 16, 2014, 03:58:59 AM
 #19

that's exactly the questions I asked in their thread, glad you posted a thread to discuss it. thanks.

I have this question myself for some time, I saw your message in their thread. It's better have a separate thread to discuss it.

I would suggest you look at XC's Dev, Dan Metcalf's resume, and see that he is quite capable of what he says.   Also, you will have a nice shot at a very nice bounty very soon with the 3.0 release and a look at the whitepaper coming out soon.   

Resume does not mean anything, do you know satoshi's resume? People put all bullshits in their resumes. If the XC truly supports multisig, just show a multisig address as greenclover asked. Very simple.

If you ask me whether Mammothcoin / supercoin's supersend really support multisig or not, I can show you their multisig address/tx in 10 secs, very easy. So don't talk garbage here, show the facts.


It is always nice to see people called out in clear, concise language and then just have to sit back to see how they respond. So, how about it? Can anyone post details of multisig tx in XC?
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August 16, 2014, 04:50:59 AM
 #20

no need to feed these stupid trolls here.

only purpose of these stupid morons are drawing some pathetic attention to them

fail.
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