[ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 228.

nipap

newbie

Activity: 2

Merit: 0

I think the coin's success is a result of a good plan by the dev.
It already brought us quite far, no one was expecting such success so fast...
Now, any major change will bring distrust, at least to me...

DEV, listen to all opinions and make your own decision.
You are the leader, and you must rule with an iron fist Wink

On another issue, Suprnova payout fee is ridiculous (0.1 XC).
It's not a network fee. It's a forced donation...
Why don't you put it @ 100 XC ? You'll make a fortune...

Good luck to us all...

veritasBS

full member

Activity: 122

Merit: 100

Quote from: sixteendigits on May 24, 2014, 01:36:09 AM

I come to implore the dev to please reduce block reward ASAP. Price has now only risen 5000% in 48 hours. Multipool dumping is stifling growth. I require 50000% growth within first week before I can dump and move on.

And....errrr....uhhhh.....I believe in this coin, long term growth, blah blah.

...and you have no idea how these markets work. Dont forget that part!

sixteendigits

sr. member

Activity: 462

Merit: 250

I come to implore the dev to please reduce block reward ASAP. Price has now only risen 5000% in 48 hours. Multipool dumping is stifling growth. I require 50000% growth within first week before I can dump and move on.

And....errrr....uhhhh.....I believe in this coin, long term growth, blah blah.

CryptoClub

legendary

Activity: 1470

Merit: 1000

cryptocollectorsclub.com

Quote from: atcsecure on May 23, 2014, 09:19:37 PM

Quote from: cyberhacker on May 23, 2014, 09:13:24 PM

Quote from: veritasBS on May 23, 2014, 08:23:16 PM

We need to seize the opportunity the dev has built...I am currently the largest known coin holder in six different alt coins in the top 30 on coimmarketcap. I have reinvested 100's of btc in the coins I hold through donations to the cause. I would like to take a long term position here but the situation I laid will happen here. I am in xc now for trading the anon news, weather or not i stay depends on if the change is made. I would like us all to make money together, but if you are not willing to build this coin into a powerhouse and in doing so make a killing...i will make a my money and leave.

i can not agree with veritasBS anymore.

more anon coins are coming!

we have to seize the opportunity!

on the flip side, all the FAST distro POW' and then POS coins have failed too

If the wallet holding XC generates revenue like DRK masternodes, I will definitely be holding some. (I think that is what you were explaining earlier) Along with the POS, and potentially increasing value, I really like this one.

CryptoClub

legendary

Activity: 1470

Merit: 1000

cryptocollectorsclub.com

Maybe open source is not in 48 hours, although it certainly looks grim for MRO. Anyway, XC is the only anon alt I am bothering with. This one has serious potential.

CryptoClub

legendary

Activity: 1470

Merit: 1000

cryptocollectorsclub.com

As someone requested it.

battbot

hero member

Activity: 616

Merit: 500

Quote from: CryptoClub on May 23, 2014, 11:08:59 PM

Quote from: MrWHALE on May 23, 2014, 08:47:35 PM

Quote from: battbot on May 23, 2014, 08:28:22 PM

Quote from: sacskate on May 23, 2014, 08:26:51 PM

Changing the specs is fine. Just call it what it is then. I do not care what the specs are honestly. It's just that changing them for this reason is showing the world that this coin is only worried about the short term price and making a profit. If the dev really has this great anon code then it would be a shame to waste it on a coin where the community only cares about its current price. How many bitcoin get dumped daily? People continue to buy bitcoin because it is useful and has an obvious future, so they know the coin will out last the current dump. These people see dumps as a chance to get cheap coins that in a few years will most likely be worth much more. If an alt coin is only only relying on the current price it is by definition nothing but a pump and dump coin. Go ahead and change the specs, if the the anon wallet is legit it won't matter. I'm simply pointing out that by doing so the community is admitting they do not believe the innovation in this coin can survive dumps. If you think your model is the best then you should be supported some pos only coin that was distributed through an ipo.

No, it is the opposite. We are not worrying about the short term price -- but the long term price!! Veritas just explained this above. The main problem is that over 75% of the coins are going to be minted AFTER the biggest selling feature (anon tech) is released. This is going to kill the coin in the long term. People buy on news, and they sell on facts. Why can't you guys understand this?

Also -- it is taking an unnecessary risk to assume that the anon feature will defy the normal patterns of alt coins. You cannot compare an alt coin's market patterns to BTC. Why not heed our advice to ensure the highest probability of sustaining a healthy coin, long term?

100% agree with this --> the biggest problem here is that the main selling feature (anon) will be released and then 75% of the supply will be mined after that. I can only see this hurting the coin long term. Or, to put it positively - it will grow the coin SIGNIFICANTLY less than the coin would grow if total supply / block reward were reduced.

What did Evan do with Darkcoin? He changed the code and made it more rare. What impact did that have? Darkcoin is taking on LTC next. I am not a coin coder, but I think the best solution is lowering rewards and keeping the POW phase going. That way miners can still mine, get some use out of all these GPUs we have, and investors can watch their investments likely go up and not have to dump at a loss. As Darkcoin will be open source in 48 hours, anon coins are going to be as common as dirt in the coming weeks. MRO tech is also being implemented in DRK, so, that ship has sailed. This is the only potential Alt I can see that has a shot as the POS angle is interesting. Invested in DRK, XC, and mining XC. I like long term winners as they make my life easier and are far more rewarding for miners and investors. Why don't we all agree to make this a long term winner? Assuming the dev can pull it off.

Can you share the link about darksend going open source in 48 hours? Thanks in advance.

Firster

newbie

Activity: 44

Merit: 0

Quote from: battbot on May 23, 2014, 09:31:08 PM

Quote from: atcsecure on May 23, 2014, 09:19:37 PM

Quote from: cyberhacker on May 23, 2014, 09:13:24 PM

Quote from: veritasBS on May 23, 2014, 08:23:16 PM

We need to seize the opportunity the dev has built...I am currently the largest known coin holder in six different alt coins in the top 30 on coimmarketcap. I have reinvested 100's of btc in the coins I hold through donations to the cause. I would like to take a long term position here but the situation I laid will happen here. I am in xc now for trading the anon news, weather or not i stay depends on if the change is made. I would like us all to make money together, but if you are not willing to build this coin into a powerhouse and in doing so make a killing...i will make a my money and leave.

i can not agree with veritasBS anymore.

more anon coins are coming!

we have to seize the opportunity!

on the flip side, all the FAST distro POW' and then POS coins have failed too

That is debatable that all fast distro PoW/PoS coins have failed. But ours is not that fast (as 3-7 days), this is why I proposed: 10m coins and let PoW continue for another 1-2 weeks max with reduced block rewards. This will give XC enough time to get a proper XC multipool created so miners can continue mining after PoW is over, and instead of mining to dump XC, they will be mining to buy XC

This will give about 3-4 weeks total mining. This is a nice and balanced PoW distro phase, IMO. 3 months is too long, but especially if 2 of those months are AFTER anon tech is released.

Too many things to learn.

CryptoClub

legendary

Activity: 1470

Merit: 1000

cryptocollectorsclub.com

Quote from: MrWHALE on May 23, 2014, 08:47:35 PM

Quote from: battbot on May 23, 2014, 08:28:22 PM

Quote from: sacskate on May 23, 2014, 08:26:51 PM

Changing the specs is fine. Just call it what it is then. I do not care what the specs are honestly. It's just that changing them for this reason is showing the world that this coin is only worried about the short term price and making a profit. If the dev really has this great anon code then it would be a shame to waste it on a coin where the community only cares about its current price. How many bitcoin get dumped daily? People continue to buy bitcoin because it is useful and has an obvious future, so they know the coin will out last the current dump. These people see dumps as a chance to get cheap coins that in a few years will most likely be worth much more. If an alt coin is only only relying on the current price it is by definition nothing but a pump and dump coin. Go ahead and change the specs, if the the anon wallet is legit it won't matter. I'm simply pointing out that by doing so the community is admitting they do not believe the innovation in this coin can survive dumps. If you think your model is the best then you should be supported some pos only coin that was distributed through an ipo.

No, it is the opposite. We are not worrying about the short term price -- but the long term price!! Veritas just explained this above. The main problem is that over 75% of the coins are going to be minted AFTER the biggest selling feature (anon tech) is released. This is going to kill the coin in the long term. People buy on news, and they sell on facts. Why can't you guys understand this?

Also -- it is taking an unnecessary risk to assume that the anon feature will defy the normal patterns of alt coins. You cannot compare an alt coin's market patterns to BTC. Why not heed our advice to ensure the highest probability of sustaining a healthy coin, long term?

100% agree with this --> the biggest problem here is that the main selling feature (anon) will be released and then 75% of the supply will be mined after that. I can only see this hurting the coin long term. Or, to put it positively - it will grow the coin SIGNIFICANTLY less than the coin would grow if total supply / block reward were reduced.

What did Evan do with Darkcoin? He changed the code and made it more rare. What impact did that have? Darkcoin is taking on LTC next. I am not a coin coder, but I think the best solution is lowering rewards and keeping the POW phase going. That way miners can still mine, get some use out of all these GPUs we have, and investors can watch their investments likely go up and not have to dump at a loss. As Darkcoin will be open source in 48 hours, anon coins are going to be as common as dirt in the coming weeks. MRO tech is also being implemented in DRK, so, that ship has sailed. This is the only potential Alt I can see that has a shot as the POS angle is interesting. Invested in DRK, XC, and mining XC. I like long term winners as they make my life easier and are far more rewarding for miners and investors. Why don't we all agree to make this a long term winner? Assuming the dev can pull it off.

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: atcsecure on May 23, 2014, 09:19:37 PM

Quote from: cyberhacker on May 23, 2014, 09:13:24 PM

Quote from: veritasBS on May 23, 2014, 08:23:16 PM

We need to seize the opportunity the dev has built...I am currently the largest known coin holder in six different alt coins in the top 30 on coimmarketcap. I have reinvested 100's of btc in the coins I hold through donations to the cause. I would like to take a long term position here but the situation I laid will happen here. I am in xc now for trading the anon news, weather or not i stay depends on if the change is made. I would like us all to make money together, but if you are not willing to build this coin into a powerhouse and in doing so make a killing...i will make a my money and leave.

i can not agree with veritasBS anymore.

more anon coins are coming!

we have to seize the opportunity!

on the flip side, all the FAST distro POW' and then POS coins have failed too

Those coins failed because the dev has massive premine, dumped and then moved onto another crap coin. The failure is not due to the fast POW/POS.

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

Quote from: Jacques de Molay on May 23, 2014, 10:10:32 PM

Quote from: Taner on May 23, 2014, 10:05:28 PM

Quote from: Jacques de Molay on May 23, 2014, 10:02:19 PM

Quote from: bobby1776 on May 22, 2014, 02:08:26 PM

Quote from: dadon on May 22, 2014, 02:02:41 PM

u think he should release something that doesn't work properly, something he has to withdraw, or something that works good and he doesn't....

then why did he launch the coin? just curious

Good Job Dev ! been following this very closely.

Also to all the quick buck types - can you learn to not fuck with coins that you have no say in ? only the dev team has the say in final number - not any investor or hoarding of coins PERIOD.

I mean, the dev has stated what he wants for his coin, accept and respect his decisions - people need to stop trying to pressure him into removing supply.

Every coin has the same problem - there are a few who WANT IT ALL, and will cry hard at ANY PREMINE, cry at ANY UNFAIR LAUNCH if they miss them.

Stop catering to those people and crypto MIGHT work towards the goal we want, rather then pump and dumpers who want it now. There are many coins out there with that feature, leave this one alone.

Just elave the coin as is IMHO

You just register 5min ago for this post ?

Re read my post I clarified it so people don't start crying because its not their opinion. So again, what is the point of your post ? Is that a welcome to the forums ? to be rude about when I joined, seriously.

Not exactly new I lurked for a while, and besides what does it matter ? People sign up all the time, I am sorry I didnt sign up before you or around the same time as you to be considered - a normal user of the forum.

Surely with your stellar 42 post count you are still "new"

My point was, the coin is fine, let others mine it. The dev has plans let him do it. No investor or hoarder of coins should be pressuring the dev to do things they want, its not their vision its the devs and the coins.

What is so hard to understand ?

in the next 3 month more XC will be mined then the entire amount of BTC in the last 5 years, 33 million coins is a nice number, they are just going to be released into the market to quick, the amount should be reduced to a million or so a year, if it's a good idea to dumb 50% supply on to the market in a short period of time, why didn't BTC do it. it's not a good idea, it's the only flaw this awesome coin has, leave the total supply at 33 million but stretch the mining out over many years, this is what i think is a win win for all make this a real contender to BTC DRK LTC

paradigmflux

sr. member

Activity: 378

Merit: 254

small fry

I just registered XCpool.com, X11-pool.com and a few other premium XC domains
>.>

Jacques de Molay

sr. member

Activity: 339

Merit: 250

Quote from: Taner on May 23, 2014, 10:05:28 PM

Quote from: Jacques de Molay on May 23, 2014, 10:02:19 PM

Quote from: bobby1776 on May 22, 2014, 02:08:26 PM

Quote from: dadon on May 22, 2014, 02:02:41 PM

u think he should release something that doesn't work properly, something he has to withdraw, or something that works good and he doesn't....

then why did he launch the coin? just curious

Good Job Dev ! been following this very closely.

Also to all the quick buck types - can you learn to not fuck with coins that you have no say in ? only the dev team has the say in final number - not any investor or hoarding of coins PERIOD.

I mean, the dev has stated what he wants for his coin, accept and respect his decisions - people need to stop trying to pressure him into removing supply.

Every coin has the same problem - there are a few who WANT IT ALL, and will cry hard at ANY PREMINE, cry at ANY UNFAIR LAUNCH if they miss them.

Stop catering to those people and crypto MIGHT work towards the goal we want, rather then pump and dumpers who want it now. There are many coins out there with that feature, leave this one alone.

Just elave the coin as is IMHO

You just register 5min ago for this post ?

Re read my post I clarified it so people don't start crying because its not their opinion.

Not exactly new I lurked for a while, and besides what does it matter ? People sign up all the time, I am sorry I didnt sign up before you or around the same time as you to be considered - a normal user of the forum.

Surely with your stellar 42 post count you are still considered "new"

My point was, the coin is fine, let others mine it. The dev has plans let him do it. No investor or hoarder of coins should be pressuring the dev to do things they want, its not their vision its the devs and the coins.

What is so hard to understand ? not trying to cause problems but your reply does start problems, I was saying my opinion about the direction of what people are asking and that response is counter productive.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: Jacques de Molay on May 23, 2014, 10:02:19 PM

Quote from: bobby1776 on May 22, 2014, 02:08:26 PM

Quote from: dadon on May 22, 2014, 02:02:41 PM

u think he should release something that doesn't work properly, something he has to withdraw, or something that works good and he doesn't....

then why did he launch the coin? just curious

Good Job Dev ! been following this very closely.

Also to all the quick buck types - can you learn to not fuck with coins that you have no say in ? only the dev team has the say in final number - not any investor or hoarding of coins PERIOD.

I mean, the dev has stated what he wants for his coin, accept and respect his decisions - people need to stop trying to pressure him into removing supply.

Every coin has the same problem - there are a few who WANT IT ALL, and will cry hard at ANY PREMINE, cry at ANY UNFAIR LAUNCH if they miss them.

Stop catering to those people and crypto MIGHT work towards the goal we want, rather then pump and dumpers who want it now. There are many coins out there with that feature, leave this one alone.

Just elave the coin as is IMHO

You just register 5min ago for this post ?

Jacques de Molay

sr. member

Activity: 339

Merit: 250

Good Job Dev ! been following this very closely. Only the dev team has the say in final number.

I mean, the dev has stated what he wants for his coin, accept and respect his decisions - people need to stop trying to pressure him into removing supply.

Every coin has the same problem - there are a few who WANT IT ALL, and will cry hard at ANY PREMINE, cry at ANY UNFAIR LAUNCH if they miss them. I bet those asking for limit in supply have already stopped mining and are sitting on a nice pile.

Stop catering to those people and crypto MIGHT work towards the goal we want, rather then pump and dumpers who want it now. There are many coins out there with that feature, leave this one alone.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: battbot on May 23, 2014, 09:31:08 PM

Quote from: atcsecure on May 23, 2014, 09:19:37 PM

Quote from: cyberhacker on May 23, 2014, 09:13:24 PM

Quote from: veritasBS on May 23, 2014, 08:23:16 PM

We need to seize the opportunity the dev has built...I am currently the largest known coin holder in six different alt coins in the top 30 on coimmarketcap. I have reinvested 100's of btc in the coins I hold through donations to the cause. I would like to take a long term position here but the situation I laid will happen here. I am in xc now for trading the anon news, weather or not i stay depends on if the change is made. I would like us all to make money together, but if you are not willing to build this coin into a powerhouse and in doing so make a killing...i will make a my money and leave.

i can not agree with veritasBS anymore.

more anon coins are coming!

we have to seize the opportunity!

on the flip side, all the FAST distro POW' and then POS coins have failed too

That is debatable that all fast distro PoW/PoS coins have failed. But ours is not that fast (as 3-7 days), this is why I proposed: 10m coins and let PoW continue for another 1-2 weeks max with reduced block rewards. This will give XC enough time to get a proper XC multipool created so miners can continue mining after PoW is over, and instead of mining to dump XC, they will be mining to buy XC

This will give about 3-4 weeks total mining. This is a nice and balanced PoW distro phase, IMO. 3 months is too long, but especially if 2 of those months are AFTER anon tech is released.

They will not mine after PoW. They will dump and gone. Most minners just want to quick BTC thats it...

cyberhacker

legendary

Activity: 1330

Merit: 1000

Quote from: battbot on May 23, 2014, 09:31:08 PM

Quote from: atcsecure on May 23, 2014, 09:19:37 PM

Quote from: cyberhacker on May 23, 2014, 09:13:24 PM

Quote from: veritasBS on May 23, 2014, 08:23:16 PM

We need to seize the opportunity the dev has built...I am currently the largest known coin holder in six different alt coins in the top 30 on coimmarketcap. I have reinvested 100's of btc in the coins I hold through donations to the cause. I would like to take a long term position here but the situation I laid will happen here. I am in xc now for trading the anon news, weather or not i stay depends on if the change is made. I would like us all to make money together, but if you are not willing to build this coin into a powerhouse and in doing so make a killing...i will make a my money and leave.

i can not agree with veritasBS anymore.

more anon coins are coming!

we have to seize the opportunity!

on the flip side, all the FAST distro POW' and then POS coins have failed too

That is debatable that all fast distro PoW/PoS coins have failed. But ours is not that fast (as 3-7 days), this is why I proposed: 10m coins and let PoW continue for another 1-2 weeks max with reduced block rewards. This will give XC enough time to get a proper XC multipool created so miners can continue mining after PoW is over, and instead of mining to dump XC, they will be mining to buy XC

This will give about 3-4 weeks total mining. This is a nice and balanced PoW distro phase, IMO. 3 months is too long, but especially if 2 of those months are AFTER anon tech is released.

do it! this man does have great points!

battbot

hero member

Activity: 616

Merit: 500

Quote from: atcsecure on May 23, 2014, 09:19:37 PM

Quote from: cyberhacker on May 23, 2014, 09:13:24 PM

Quote from: veritasBS on May 23, 2014, 08:23:16 PM

We need to seize the opportunity the dev has built...I am currently the largest known coin holder in six different alt coins in the top 30 on coimmarketcap. I have reinvested 100's of btc in the coins I hold through donations to the cause. I would like to take a long term position here but the situation I laid will happen here. I am in xc now for trading the anon news, weather or not i stay depends on if the change is made. I would like us all to make money together, but if you are not willing to build this coin into a powerhouse and in doing so make a killing...i will make a my money and leave.

i can not agree with veritasBS anymore.

more anon coins are coming!

we have to seize the opportunity!

on the flip side, all the FAST distro POW' and then POS coins have failed too

That is debatable that all fast distro PoW/PoS coins have failed. But ours is not that fast (as 3-7 days), this is why I proposed: 10m coins and let PoW continue for another 1-2 weeks max with reduced block rewards. This will give XC enough time to get a proper XC multipool created so miners can continue mining after PoW is over, and instead of mining to dump XC, they will be mining to buy XC

This will give about 3-4 weeks total mining. This is a nice and balanced PoW distro phase, IMO. 3 months is too long, but especially if 2 of those months are AFTER anon tech is released.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: atcsecure on May 23, 2014, 09:09:55 PM

Quote from: brother3 on May 23, 2014, 08:51:11 PM

Quote from: MrWHALE on May 23, 2014, 08:47:35 PM

Quote from: battbot on May 23, 2014, 08:28:22 PM

Quote from: sacskate on May 23, 2014, 08:26:51 PM

Changing the specs is fine. Just call it what it is then. I do not care what the specs are honestly. It's just that changing them for this reason is showing the world that this coin is only worried about the short term price and making a profit. If the dev really has this great anon code then it would be a shame to waste it on a coin where the community only cares about its current price. How many bitcoin get dumped daily? People continue to buy bitcoin because it is useful and has an obvious future, so they know the coin will out last the current dump. These people see dumps as a chance to get cheap coins that in a few years will most likely be worth much more. If an alt coin is only only relying on the current price it is by definition nothing but a pump and dump coin. Go ahead and change the specs, if the the anon wallet is legit it won't matter. I'm simply pointing out that by doing so the community is admitting they do not believe the innovation in this coin can survive dumps. If you think your model is the best then you should be supported some pos only coin that was distributed through an ipo.

No, it is the opposite. We are not worrying about the short term price -- but the long term price!! Veritas just explained this above. The main problem is that over 75% of the coins are going to be minted AFTER the biggest selling feature (anon tech) is released. This is going to kill the coin in the long term. People buy on news, and they sell on facts. Why can't you guys understand this?

Also -- it is taking an unnecessary risk to assume that the anon feature will defy the normal patterns of alt coins. You cannot compare an alt coin's market patterns to BTC. Why not heed our advice to ensure the highest probability of sustaining a healthy coin, long term?

100% agree with this --> the biggest problem here is that the main selling feature (anon) will be released and then 75% of the supply will be mined after that. I can only see this hurting the coin long term. Or, to put it positively -- it will grow the coin SIGNIFICANTLY less than the coin would grow if total supply / block reward were reduced.

I actually agree with this too

This is a complex issue with no simple answer, I understand the concerns of massive mining farms dumping coins but at the same time there is a cost to produce the coin, and if they dump at a loss then it is gain for the buyer...

also any change at that layer would require a HARD FORK that carries some risk to the stability of the network. It is possible a dynamic algorithm could be used on the block reward, reducing as difficulty increase's... I'd be interested in getting productive feed back - please email me at [email protected] as I simply can't keep up with the thread, I'm looking for people on both sides to provide valuable info... don't email me with "to da moon" reduce the coins...

Quote

It is possible a dynamic algorithm could be used on the block reward, reducing as difficulty increase's...

Please do this. Don't give to circulation more than 2M coins for year.

sacskate

hero member

Activity: 994

Merit: 500

Any coin that has nothing new and useful will fail no matter what, be it now or in a year. Hiro is just a darkcoin clone. Litecoin improved on bitcoins slow transactions. Some coins have came out with useful things and then stopped. The key to a long term coin that could legit be 2nd to be bitcoin is to consistently develop new and useful features. The rest is irrelevant. If it were to get dumped it would come right back because of its rep. People will know it will come back and this is what would make people afraid to dump. Regardless of their rigs.

Topic: [ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 228. (Read 268553 times)