Topic: ... - page 2. (Read 3017 times)

XC Won't fail but I'm 25 and i have been a fully qualified tradesman since 18 so i'm sure i can find a job+ i made around 120k( most of it in my bank account and some in Gold and Silver) on QRK and owe nothing to any banks and own my  apartment outright, so i'm probably in a better position then half this forum..(including you smart ass) who still owe the banks for there college education that landed them a job at McDonald's...what are you going to do shill.. oh and i forgot i got around 75k of XC right now i haven't sold (and bought it under 10c)..so i'm doing good , how are you?

if XC fails, what are you going to do with your life if you can't shill for it 24/7?

BTC is Myspace..XC is Facebook, Better get used to it, Or get a day job.

I read a coinbase article on this. Yes, they are not used as much. But the benefit of altcoins is that people can see real testing of features that would take years to come into the real bitcoin project.

Yeah lets all buy quark!

What? sorry don't pay attention to internet lingo, have no idea what that means..sure it's nasty.

oh and what do you know - no new suckers .

volume on the buy side looks awfully thin.

welcome to the free market.

enjoy your stay, coffee will be served somewhere below $100. (if the fiat economy does not go into full implode)

there is a model theory that says when Bitcoin shills are desperate enough to shill on obscure forums, that Bitcoin has got a lot of downward potential due to the famed "use/collapse paradox"

So? This is about network effect, and right now they don't have that much of that. But once cryptos go mainstream, this will change drastically.

FIFY

Yeah yeah yeah..I know someone who will be kicking themselves for not investing in XC....

DEAD ? Are you kidding me ? *insert shitcoin name here* is still pretty much alive.

*insert a wall of text preach here*

And yet 90% of this forum threads are about alt-coins... It looks like a full time job to follow everything that happens around alt-coins...

IS THIS DEAD!!

Let's learn about XC and why it blows it's competitors including BTC out of the water hands down...( this was mostly copied from the XC website because it explains it best)

Total coins:
5.5 Million
Premine: 125k
Block Times: 90 Seconds
POS interest: 3.33% per year
Min stake time: 8 hours
Max Stake time: 30 Days

TECHNOLOGY

The XC network is made up of two parts: (1) the standard XC network, made up of computers running the XC App, and (2) the anonymous XC network, which is run by XC Nodes.  All apps that are open and connected to the network while holding coins are a part of the standard XC network.  This network is very similar to what other cryptocurrencies currently use.

 The XC anonymous network, on the other hand, is something entirely different.  It can be accessed from any XC App, but if a user designates a transaction to be sent anonymously, it is processed by the XC Nodes which make up the anonymizing portion of the network.  Any XC App can be set up to run as an XC Node, as long as it meets certain criteria

no bloat

XC was designed from the ground up to be compatible with mobile devices. Currently, there are several projects that have an anonymizing strategy that results in an unworkable blockchain bloat problem, which will only be compounded if they are ever introduced to mobile platforms.  Technologies like ring signatures and zero-knowledge proofs fall into this category and currently lack a way of avoiding this major setback.  XCurrency is able to use standard transactions, but multi-path then achieves an extremely high level of privacy combined with a high degree of prunability.  This allows XC to avoid blockchain bloat, even with full mobile integration.

decentralized

Because every XC App can function as an XC Node, this allows XC to avoid what Bitcoin core developer Gregory Maxwell has recently called a security “chokepoint” in some other coins’ use of semi-centralized nodes to forward transactions.  Unlike most other anonymous strategies, XC avoids the need to hold a very large amount of coins in order for an XC Node to function.  This is made possible due to the small, random transaction sizes of XC’s multi-path architecture.  The smaller capital requirement to run an XC Node benefits the XC network by allowing more XC Nodes to exist, increasing the overall efficiency and effectiveness of the anonymous network.

network security

XC uses multi-sig and end-to-end message encryption. This solution improves upon the more common practice of simply forwarding transactions, which can be problematic because malicious actors can steal transactions instead of forwarding them.  Another issue resolved by the XC approach is XC Nodes cannot snoop on the broadcasting system and publish the identities of senders and receivers.  This further adds to XC's security.

not just for payments

From the onset, XC was designed to take advantage of Blockchain 2.0 architecture. This makes implementations such as secure messaging, secure chatting, and decentralized cloud storage possible. XC’s comprehensive approach to incorporating current and trending technologies provides a stable platform on which to implement exciting new ideas and features in the future. The XC community has already seen evidence of this forward planning in the efficiency with which changes can be made.

 XC was built for the future. While it successfully implements the imperative state of the art technologies that are expected of a cryptocurrency today, the foundation has been laid for even bigger things to come.

Near future (Coming months all of this will be implemented Most probably by the end of the year, Brace yourselves.)

XC Mobile

Currently in progress is the fully featured XC mobile wallet/app.  This app for smartphones will be made available for both iOS and Android operating systems.  Users will be able to earn interest on the go, made possible thanks to XC’s adaptive design.  XC is also working on the technology to allow the purchase of XCurrency directly through the mobile app – this will add ease-of-use for those with less tech knowledge, and will make reloading with XCurrency easier than ever.

Decentralized Cloud Storage

The incorporation of Blockchain 2.0 architecture into the XC framework allows for a broad range of future developments.  One area being looked into by the XC team is the use of the XC blockchain for decentralized cloud storage.  This storage could be utilized by individuals, businesses, or even political campaigns.  The ability to safely store and transfer important documents, without fear of disclosure to third parties, is something that a diverse group of people could benefit from.  XC is taking steps to make this feature a reality.

Payment Networks

As the XCurrency base is further developed, adding XCurrency to an existing payment network, such as the Visa network, will be a number one priority.  Imagine XC being as easy to use as a credit card, but without the need for the actual card, since XC will be fully functional on any mobile device.  This integration into any one of the larger payment networks will allow XC to be utilized at millions of point of sale locations across the globe.  It will also open the door for utilization with ATM’s, otherwise known as cash machines in some countries.  Combined with the ability to reload your mobile app with XCurrency at the click of a button, this will be the premier step toward bringing XC before the masses as a usable, functional, flexible, and robust currency alternative.

NFC Payments

A project that’s been in the works for years, near field communication (NFC) payment technology is starting to gain mass adoption and acceptance as a simpler, faster, and more secure way to make payments at point of sale locations.  With the development of XC’s mobile app, the timing for such an acceptance of NFC technology by the general population couldn’t have been better.  Some of the key benefits associated with utilization of NFC technology in conjunction with XC:

Blockchain 2.0 Apps

XCurrency is built on Blockchain 2.0, a flexible digital platform which allows easy integration for current and future XC applications.  A few examples of upcoming applications would include the use of the XC App for encrypted messaging and chat, and the use of the XC blockchain for decentralized cloud storage.  These are just the start; the potential to build upon the XC platform is limitless.  With the Blockchain 2.0 architecture already in place, the blockchain for XCurrency is like a foundation awaiting the actual building to be erected.  Stay tuned to see what the XCurrency team has planned, and as always, if you have a great idea that you would like to see implemented, by all means contact us and we’ll take a more detailed look.

Web 3.0 Development

Web 3.0 represents the evolution of the World Wide Web.  Poised to make the internet fully and provably secure against identity theft, fraud, and spying,  Web 3.0 is a fundamental change in the architecture of the Internet. XCurrency’s platform approach incorporates Web 3.0 concepts, like decentralization and appropriately secure protocols for various types of information. As XC’s Blockchain 2.0 applications grow in number, XC will increasingly become a fundamental building block of Web 3.0.

Proof of Blockchain

Proof of Blockchain (PoBC) is such new technology, that very few understand it.  Invented by Jasinlee, one of XC’s developers, PoBC will essentially allow blockchains to talk to each other.  At this point, PoBC is a revolutionary concept that, if successfully implemented, will become an incredibly powerful facet of the XCurrency project, further increasing privacy and reducing blockchain size.  PoBC is not going to be implemented in the immediate future due to the enormous amount of work required to code and implement it, (and there are more immediate goals, as outlined in the XC roadmap), but keep an eye out for announcements regarding PoBC, and the positive impacts that PoBC may have on XC’s future.

Learn about XC's free encrypted Messaging (soon to have free encrypted video and voice call)
http://xc-official.com/xc-news/

Lead developer
http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

TIMELINE
*2014-5-08 XC launches
*2014-5-26 Rev. 1.0 End to end encryption
*2014-5-26 Trusted mixer
*2014-6-16 Rev. 1.5 Early multipath 
*2014-6-16 XC team reveals their identities
*2014-6-24 XC TOR Stick test release
*2014-7-7  XC official website launch
*2014-7-7  XC social media platforms launch
*2014-7-7 Rev 2.0
*2014-7-7 Full multipath
*2014-7-7 Trustless mixing
*2014-7-8 New XC team members introduced
*2014-7-9 XChat app test release
*2014-7-21 Rev 1 mixer code open source release
*2014-8-4 XChat and private payments merge
*2014-8-7 XC TOR Stick
*2014-8-7 XChat release
 COMING SOON
[Undisclosed Rev 2 privacy feature]
*Rev 2.5 XChat, New UI preview
*Rev 3.0 [Undisclosed tech update]
*XC app UI
*Official public launch
*XC TOR Stick ships to buyers
*Public bounty to provably break privacy
*XChat mobile
*XC mobile staking wallets
*XC ATMs
*XChat voice calling
*Point of sale integration
*XChat video calling
*Proof of Blockchain
*Decentralised cloud storage
*Decentralised exchange
*Interchains
AND MORE TO BE ANNOUNCED!!

I agree with much of that, but I think alts have a future, and it is by finding their own small markets.

The criminal fraternity have dominated lately, but hopefully their time is coming to an end.

Also, just to add, BTC has had more dodgy stuff going on around it than the rest taken together at least in terms of pumps and dumps (in dollar terms). The demise of Gox seems to have lessened that.

i think you have overestimated the importance of altcoins by 1%.

99% of Alt coins should be dead...many are simple pump n dumps, and no logical person can really argue that fact.

Its the 1% of Alt coins that are so important.
They are pushing the bar higher and higher and we need that for the industry to grow in the future.

I have been following you since you took over this project. I have to hand it to you, you are persistent.  I do check the gld price every now and then.

I think calling it Bitcoin 2.0 is going just a bit too far.  Lol.  But it should be good - can't wait to see it.

Last November they said alts were dead and then they blew up.  Once BTC takes off later this year we'll get a crypto boom 2.0 and we'll have several quark-type winners.  I think one can make way more money buying alts right now than buying Bitcoin although it's much more risky.