Topic: [ANN] SPECTRECOIN | Anonymous Tx | Tor | Ring Signatures | Stealth - page 23. (Read 36213 times)

reply is accepted. These are truly cardinal conditions and actions that we must all observe and do.

Well it's not exactly like that, this is a new blockchain, and it also has a new project vision.

Also this blockchain started without the errors of ShadowCash.

Great to see ShadowCash is still alive

Hope it will take its deserved place among mainstream players

RKh said the truth, a minimum amount is necessary in the network and there were also modifications in the shipping conditions.
It is well explained in this quote of Mandica:
"Some Guidelines for Balance Transfers
The SPECTRE creating / splitting algorithm currently creates SPECTRE denominations from 50,000 SPECTRE down to 0.00000001 SPECTRE.
We will remove the largest denominations in the next version of the wallet, so 50,000 SPECTRE, 40,000 SPECTRE and 30,000 SPECTRE will no longer be created.
The largest denomination will be 10,000 SPECTRE.
There are no issues with sending larger amounts as the algorithm will combine inputs to make up the amount you wish to send as long as your balance covers it.
The reason we are doing this is to be able to set a minimum ring size of 8 and later increase the minimum ring size to 16 and as there are too few very large inputs
so coins might get stuck and it serves not real purpose.
So follow these basic guidelines for balance transfers into SPECTRE:
1.  Do not create more than 10,000 SPECTRE in any one ‘Balance Transfer‘ transaction until we can change the algorithms responsible for creating SPECTRE.
     If you want to create more than 10,000 SPECTRE, then do it in several transactions.
2.  If you get an error message about ring size, make sure ring size is set to 8 as all the denominations will support a ring size of 8 at the moment. Check ‘Chain Data‘.
3.  As long as you have not created any SPECTRE inputs larger than 10,000 SPECTRE you should be able to send any amount (if your PRIVATE balance covers it + fee)
    of SPECTRE with a minimum ring size of 8.
4.  Inputs used in a ring signature must have at least 10 confirmations."
----------
I do not know the exact percentage, but in a conservative way I relate it to the amount that I will send,
for example I can suppose that if there is ten times more in the network than the amount to send, then it will work well.
- at least with ring size = 8 -

Hi LuckySpectrecoin, I talked with RKh about what he meant in the post quoted by you. The answer to your question is contained in this article that Bitman86 gave to you: https://news.spectreproject.io/anonymous-transactions/

There are certain conditions for ring signatures to work, as the ring signature size is limited by the number of SPECTRE tokens on the network for the required token sizes. All of this is explained in the article. If there are not enough SPECTRE tokens, you might be forced to switch to a lower ring size, which reduces anonymity. Still a ring size of 8 (half of the default which is 16) will ensure sufficient anonymity and is usually possible with all transaction sizes below 10,000 SPECTRE.

What will be modified is removing the token sizes above 10,000 as the anonymity set would be too small, as well as the introduction of Stealth Staking which will hopefully help to increase the number of SPECTRE tokens, so that the full ring size of 16 will be available in all cases.

Hope that helps

    if for correct operation of ring signatures there is only one condition and this condition is some certain number of coins in the network and that's all.
    That could be so and write, and not lie, that need to do cardinal actions and make some modifications to the conditions and actions.
    Everything works in automatic mode.
  Do you know what percentage or number of coins in the network is needed for the correct operation of ring signatures?

It is important to read the full paragraph to understand the answer I gave you.
RKh in the Russian thread said this:

"Ring Signatures and Stealth Addresses were from the beginning,
however, for correct operation of Ring Signatures - certain conditions and actions are required, some of which are cardinal, and some - modifications"
https://bitcointalksearch.org/topic/m.42968955

But you seem not to read the first thing RKh says.
That means that you are, the one who does not understand what RKh says and that is why you do not understand the answer that I gave you.
( You take the sentence out of the corresponding context )

From my two answers you can understand that at the beginning, it did not work well,
due to lack of tokens SPECTRE in sufficient quantity, but in the present it is different and works well.

Your words do not help answer my question.
If you do not know the answer to my question, then do not write

Well yes, all things have limits, and there is a trivial condition now, is that you can not send more than what the stealth network contains,
and as the whole project is quite new, there are still few people doing stealth transactions, and as consequence there is a relatively low maximum value,
which you can send optimally. But this can improve quickly with version 3.0

yes, Leo, I know this information about which you are talking. I have a question about other information that RKH speaks about. He wrote that in order for ring signatures to work, certain conditions and actions are necessary. What does it mean?

Yes, now ring signatures work well and automatically, what is talked about is to further improve its operation, (optimize)
I think one of the news bulletins said something about this, I do not remember which one,
surely @Mandica when have time, she can answer better.
You can also reread this article: https://news.spectreproject.io/anonymous-transactions/

wait answer

The funding is exactly what version 2 of the wallet is about! It will ensure a steady stream of funding going to Mandica to ensure ongoing development. For more information, see here: https://news.spectreproject.io/stealth-staking/

Until now, Mandica has paid the developers mostly from her own pocket afaik. She is extremely dedicated to the project.



This thread is from the Spectrecoin core team. "XSPEC-team" is an approved account of the official team.
The thread about Wisp can be found here: https://bitcointalksearch.org/topic/pre-ann-wisp-project-wisp-alternative-spectrecoin-wallet-community-driven-3371587



Unfortunately you seem to have some kind of animosity against Wisp - you don't have to, it's an open ecosystem.  Wisp is not a competitor for Spectrecoin, it's rather a teammate trying a slightly different route.    

It's the original Project Manager after several health issues early to mid 2017, Mandica used several contractors during that time one....jbg who took over for her. She returned earlier this year and formed a complete new team of very able devs so things are moving along very well.
Jbg meanwhile chose to go another direction

XSPEC Development team surprised us all. I hope they will continue with privacy development. They proved they can do a lot. I read the ICO was not so successful for them. Do they have any dev fund for future development?

Again, bring any problem to discord server https://discord.gg/ckkrb8m and the #help-support channel
and have your operating system, version, computer specs, xspec wallet version and whether new install or previous version upgrade.

The discord server is the "go to" place for all things xspec and the best place for help and support.

They are dedicated to getting you sorted out before Aug 21 when the project moves to the next level.

@Gandalf86 - three people do not a huge problem make....."unfortunately" xspec is doing far better than "wispers", what is left of them, anticipated.

How do we know if this new thread is from the Spectrecoin core team or the Wisp team? Both are good, but would be good to have clarity.

Please report the bug on Github: https://github.com/spectrecoin/spectre/issues

Unfortunately there seem to be a lot of instabilities in the current wallet, I'm sure everything will be figured out sooner or later.



Spectre is a cryptocurrency and that's what the blockchain is used for. Like Bitcoin.

I downloaded the latest Version 2.0.4.2 and it works very well on my Win10.
The formula for staking is easy to use. Thanks @Bitman86.

If you already have Q XSPEC then you can say:

G (monthly profit) = Q / 240