[ANN][XST] Junaeth - World’s first private high performance blockchain protocol

[gnargnar]

Yes, just started staking coins and I just love that new wallet  
I'm also really impressed by the speed to confirm transactions. It was really fast to withdraw from bittrex and confirmed on my wallet.


2 things i'm a bit worried about Stealthcoin and that i'd like some discussion going on this are :

1. user adoption. (marketing,promotion,niche/users definition and efforts)

2. the blockchain size.


if those 2 concerns could be discussed that would be great.
have a great week y'all
 

Outside of network health, which is my #1 primary concern at all times, your questions touch on the most important issues. First, let me brag a bit by saying that XST still has the healthiest network on bittrex at 22 connections, judging from the bittrex status page. It has been this way since July, with no real contenders.

In terms user adoption, my feeling is that the best road is to maintain a healthy coin that never falters. At the end of the day, a useful coin has no forks or tendency to fork and dependable confirmation times. Fast confirmation times help, but dependability is most important. My belief is that adoption follows confidence and that confidence is built on a foundation of dependability.

In terms of the blockchain size, right now the bootstrap file is 220 MB after nearly 8 months. Extrapolating that out to 10 years, the blockchain size becomes 3.3 GB. That's negligible compared to the size of modern hard drives, which cost about $100 for a 3 TB 5.5" drive. So the chain in 10 years will take $0.30 of space at today's prices. For a connection averaging 10 MB/s connection, that's about a 44 minute download. Validating a chain that size will take about 20 hours for a single 3 GHz core. Processors will probably be about 4 times faster in 10 years and the validation could be multithreaded with a little work, so I expect validation times to stay constant or actually decrease as the chain grows, on average. I feel like the size is huge from a subjective human standpoint (220 Million - 3 Billion of anything is too much to comprehend), but is not much of a concern.

I have fixed the bootstrap issue that I mentioned in some previous posts, so this should make adoption easier for new users. I was waiting to release the source until I got that issue sorted out. I may provide GPG-signed bootstrap options that require no validation on the user end, making the synchronization much faster. It's usually better to let one's computer validate the chain, but for most users, a "pre-validated" chain may be an easier option.

-- Hondo

Thank you Hondo for this great explanation about the blockchain 
I didn't know about that network health so that's awesome!

about marketing, if some of the biggest holders of XST could all hang over the slack channel to discuss about ideas, that would be great!
I am joining the slack chan today too

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[gnargnar]

StealthCoin 2.0.1.0 Full Relase (Sources Too)

The new release, version 2.0.1.0 is now available for Mac and Windows:

Windows Auto: https://drive.google.com/file/d/0B8rWObF4xz1YVHlwYlcwQUZwdkU/view?usp=sharing
Windows Auto VirusTotal (0/57): https://www.virustotal.com/en/file/1dacf13354d7969d9b9d804af3f745817268f21e360301d3d070a062a3609bed/analysis/
Windows Manual (Antivirus Problems): https://drive.google.com/file/d/0B8rWObF4xz1YejE2NWV0OTJ4cDA/view?usp=sharing
OSX Disk Image: https://drive.google.com/file/d/0B8rWObF4xz1YM1FMZ0RUODgwRW8/view?usp=sharing

This release is a full release with sources at github. It contains many fixes, including the newly found orphan issue that caused a shortcircuit while syncing the chain from bootstrap. It's a full source release of the new Qt wallet. Because of small changes to the alert system and to the bootstrap code, this release constitutes a protocol update to version 62010, so is a required upgrade.

A full announcement is forthcoming with updates to the OP and website. Daemons will also be updated, as will the Linux version.

The permanent link to the bootstrap file is: https://tinyurl.com/xst-bootstrap

EDIT: Some antivirus programs are blocking the automated installer on windows. In these cases, use the Windows manual installer (zip file): https://drive.google.com/file/d/0B8rWObF4xz1YejE2NWV0OTJ4cDA/view?usp=sharing


To bootstrap a fresh client (or very out-of-date installation):

1. Backup your wallet.dat (Menu->File->Backup Wallet)
2. Stop your client.
3. Delete all but wallet.dat in your StealthCoin application data folder (Windows: "%appdata%/StealthCoin", OS X: "~/Library/Application Data/StealthCoin")
4. Unpack the bootstrap.dat file in the StealthCoin application data folder
5. Restart your client (if it crashes one time, just restart)
6. The progress circle on the splash screen will stay at 91% for 1-3 hours. Be patient! Your computer is validating the full blockchain. After it validates the block chain, it may take 5-10 more minutes to connect to the network and finish syncing the chain.

plenty of :thumbsup:
Thank you Hondo 

[EmilioMann]

Hey guys, let's spread the news about this amazing wallet around the world

https://twitter.com/sadochismo/status/572762992024158208

https://twitter.com/sadochismo/status/572766210653339648

https://twitter.com/sadochismo/status/572769908536283136

[ToScA-]

V 2.0.1.0. out already?

What's new?

[StealthDevs]

V 2.0.1.0. out already?

What's new?

It's the full release of the new Qt, including sources. There are dozens of bug fixes and improvements over the previous Qt, which was not much more than the generic bitcoin wallet.

Download, sync up, and see for yourself. Feedback is welcome. And yes, it could always do more.

[ToScA-]

V 2.0.1.0. out already?

What's new?

It's the full release of the new Qt, including sources. There are dozens of bug fixes and improvements over the previous Qt, which was not much more than the generic bitcoin wallet.

Download, sync up, and see for yourself. Feedback is welcome. And yes, it could always do more.

Awesome!

Thanks!

[trafficolaa]

V 2.0.1.0. out already?

What's new?

It's the full release of the new Qt, including sources. There are dozens of bug fixes and improvements over the previous Qt, which was not much more than the generic bitcoin wallet.

Download, sync up, and see for yourself. Feedback is welcome. And yes, it could always do more.

that is really great release, i just download new QT client, everything working smoothly for me,
thanks to Hondo and XST team

[jangloos]

This new release is very impressive but are there other news which can be expected sooner to keep the interest of people in this great project ? I mean to say is this a long term investment project or sooner features from roadmap will be out.

[StealthDevs]

This new release is very impressive but are there other news which can be expected sooner to keep the interest of people in this great project ? I mean to say is this a long term investment project or sooner features from roadmap will be out.

The project is still making major releases after 8 months. The commit just 11 hours ago represented a change of 302 files, with 7,066 additions and 957 deletions (by line of code). https://github.com/StealthSend/Stealth/commit/983a560f0984185ca1bd858b683cdff9a98522b9

We are not making promises or deadlines for this project, so please make your investments accordingly.

As a side note, the OP has been updated with new wallet links. The website will be updated soon.

[gnargnar]

This new release is very impressive but are there other news which can be expected sooner to keep the interest of people in this great project ? I mean to say is this a long term investment project or sooner features from roadmap will be out.

The project is still making major releases after 8 months. The commit just 11 hours ago represented a change of 302 files, with 7,066 additions and 957 deletions (by line of code). https://github.com/StealthSend/Stealth/commit/983a560f0984185ca1bd858b683cdff9a98522b9

We are not making promises or deadlines for this project, so please make your investments accordingly.

As a side note, the OP has been updated with new wallet links. The website will be updated soon.

jangloos..... see what's coming up!

[MR1]

Just a little reminder:

Pay with StealthCoin anywhere Bitcoin is accepted:

https://www.coingateway.net/

[objectofawareness]

Stealthcoin is a sleeping giant.

It's only a matter of time before the price matches the true value of this coin!

In the meantime, I'm buying up as many as I can. 

[Abbott_Car]

This is great! Now online shops can easily accept XST with CoinPayments integration  Smiley

[objectofawareness]

Even Chuck Norris is impressed by the new wallet!

[Bavaria]

Even Chuck Norris is impressed by the new wallet!

Haha, cool !

[amiryaqot]

Even Chuck Norris is impressed by the new wallet!

new QT Client is really awesome, is working great with super fast speed.

[StealthCoin1]

Even Chuck Norris is impressed by the new wallet!

yes, good job.
xst wallet and block is rock solid! once you're synced then leave it on forever.

edit
xst is also fast! withdraw from bittrex to wallet took about 30 second to show up in wallet and confirming. wow!

[jangloos]

Thanks Hondo for detailed and clear reply. Now I will invest accordingly keeping in mind it is a long term project. Once I buy I am not gonna dump that's why is better to buy as many as I can hold in.

[Havelivi]

Thanks Hondo for detailed and clear reply. Now I will invest accordingly keeping in mind it is a long term project. Once I buy I am not gonna dump that's why is better to buy as many as I can hold in.

welcome jangloos to the board, XST is like hidden treasure sure trust in Hondo will worth for it,
so many great feature under going to be complete soon.

[zeerobje]

I like this new QT Wallet is really awesome, is working great....Thanks Hondo for your great work. It's like new fashion in Crypto!