[ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 61.

ALTCOIN_N

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Activity: 126

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Quote from: Taner on May 28, 2014, 03:45:33 PM

Quote from: micryon on May 28, 2014, 03:43:16 PM

Don't see any code for any anonymous feature in github repo, btw.. nor any branches..

Maybe I'm missing something?

Its closed. It will not open source any time soon.

If it is open source, scammers will copy and paste crazy

fedmahnkassad

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Activity: 840

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Twitter: @FedKassad

Quote from: micryon on May 28, 2014, 04:00:37 PM

Quote from: Taner on May 28, 2014, 03:55:41 PM

Please read 243 pages

Doing a random sampling of those 243 pages reveals that it's mostly posts on P&D... not much useful technical information. If I'm missing it please link to the posts.

Otherwise it would be very helpful to have some credible whitepaper published, especially if you are going closed source route... just my opinion.

Ah, mate. It must suck recently being the lead developer of AsiaCoin.

ReRunRod

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Activity: 168

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Quote from: fedmahnkassad on May 28, 2014, 03:59:50 PM

Quote from: atcsecure on May 28, 2014, 01:27:17 PM

Quote from: binkshurts on May 28, 2014, 01:17:11 PM

http://chainz.cryptoid.info/xc/#!rich

Top 10 1,964,504 XC 35.65 %
Top 100 4,270,236 XC 77.48 %

Let's talk about how decentralized this coin is, only a handful own most of the coin.

would like to hear thoughts from dev (atcsecure)

Well I find it interesting the dev isn't in the TOP 5... I would say that some people have either spent a lot of money to acquire XC's either via mining or through the exchanges

Let's not forget that a lot of the top addresses belong to exchanges and you don't get to see the balances of different people on those exchanges. In fact it's a lot more spread than that list shows

Right, I know I have like 5 addresses that hold my sharecoins. Never keep all my coins In one address Wink

JesstersDead

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Activity: 154

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I forgot where I put my wallet.dat

Quote from: micryon on May 28, 2014, 03:53:58 PM

Quote from: Taner on May 28, 2014, 03:50:24 PM

Quote from: micryon on May 28, 2014, 03:47:21 PM

How can we validate that anonymity is actually working, and/or is decentralized?

Is there a whitepaper?

You can download the wallet and try it. (for now just in console : sendfrommixer ) Use small amount like 0.0002
UI support coming next release.

But how does it work? Is it just sending to some mixer node that is pre-setup to mix coins?

I'm not sure how true anonymity can be built into a coin if it's not in the actual block creation source code... (which obviously has none of that code on github).

Unless it's just sending to some central mixer server somewhere to get a redirection. (which would be a valid way to do it but somewhat less impressive of an implementation ).

Most up to date info on XC specifications: http://www.reddit.com/r/XCofficialreddit/comments/26px5q/community_qa_week_1/

May not answer all your questions, but from what I have gathered, the current implementation is mixer based off a masternode. Revision 2 will utilize decentralized nodes in the sense that any wallet can act as an xnode and will utilize a separate protocal which can be run over TOR. Would be cool if android wallets supported xnode functionality, though just being able to stake will be nice.

micryon

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Activity: 154

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Quote from: Taner on May 28, 2014, 03:55:41 PM

Please read 243 pages

Doing a random sampling of those 243 pages reveals that it's mostly posts on P&D... not much useful technical information. If I'm missing it please link to the posts.

Otherwise it would be very helpful to have some credible whitepaper published, especially if you are going closed source route... just my opinion.

fedmahnkassad

hero member

Activity: 840

Merit: 500

Twitter: @FedKassad

Quote from: atcsecure on May 28, 2014, 01:27:17 PM

Quote from: binkshurts on May 28, 2014, 01:17:11 PM

http://chainz.cryptoid.info/xc/#!rich

Top 10 1,964,504 XC 35.65 %
Top 100 4,270,236 XC 77.48 %

Let's talk about how decentralized this coin is, only a handful own most of the coin.

would like to hear thoughts from dev (atcsecure)

Well I find it interesting the dev isn't in the TOP 5... I would say that some people have either spent a lot of money to acquire XC's either via mining or through the exchanges

Let's not forget that a lot of the top addresses belong to exchanges and you don't get to see the balances of different people on those exchanges. In fact XC ownership is a lot more spread than that list shows

braxx

sr. member

Activity: 392

Merit: 250

wow xc has as many volume as litecoin...
amazing...

Taner

sr. member

Activity: 686

Merit: 250

Quote from: micryon on May 28, 2014, 03:53:58 PM

Quote from: Taner on May 28, 2014, 03:50:24 PM

Quote from: micryon on May 28, 2014, 03:47:21 PM

How can we validate that anonymity is actually working, and/or is decentralized?

Is there a whitepaper?

You can download the wallet and try it. (for now just in console : sendfrommixer ) Use small amount like 0.0002
UI support coming next release.

But how does it work? Is it just sending to some mixer node that is pre-setup to mix coins?

I'm not sure how true anonymity can be built into a coin if it's not in the actual block creation source code... (which obviously has none of that code on github).

Unless it's just sending to some central mixer server somewhere to get a redirection. (which would be a valid way to do it but somewhat less impressive of an implementation ).

Please read 243 pages

micryon

full member

Activity: 154

Merit: 100

Quote from: Taner on May 28, 2014, 03:50:24 PM

Quote from: micryon on May 28, 2014, 03:47:21 PM

How can we validate that anonymity is actually working, and/or is decentralized?

Is there a whitepaper?

You can download the wallet and try it. (for now just in console : sendfrommixer ) Use small amount like 0.0002
UI support coming next release.

But how does it work? Is it just sending to some mixer node that is pre-setup to mix coins?

I'm not sure how true anonymity can be built into a coin if it's not in the actual block creation source code... (which obviously has none of that code on github).

Unless it's just sending to some central mixer server somewhere to get a redirection. (which would be a valid way to do it but somewhat less impressive of an implementation ).

Taner

sr. member

Activity: 686

Merit: 250

Quote from: DarshUX on May 28, 2014, 03:50:51 PM

I had the same question, was just checking out the Github repo. Don't see any major commits. Just a few commits for changing the POW max number of units. Sorry if this is a dumb question, but with all the scams going around these days you can't be too safe.

Its not scam coin don't worry.

DarshUX

newbie

Activity: 25

Merit: 0

I had the same question, was just checking out the Github repo. Don't see any major commits. Just a few commits for changing the POW max number of units. Sorry if this is a dumb question, but with all the scams going around these days you can't be too safe.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: micryon on May 28, 2014, 03:47:21 PM

How can we validate that anonymity is actually working, and/or is decentralized?

Is there a whitepaper?

You can download the wallet and try it. (for now just in console : sendfrommixer ) Use small amount like 0.0002
GUI support coming next release.

micryon

full member

Activity: 154

Merit: 100

How can we validate that anonymity is actually working, and/or is decentralized?

Is there a whitepaper?

Taner

sr. member

Activity: 686

Merit: 250

Quote from: micryon on May 28, 2014, 03:43:16 PM

Don't see any code for any anonymous feature in github repo, btw.. nor any branches..

Maybe I'm missing something?

Its closed. It will not open source any time soon.

Teka

hero member

Activity: 840

Merit: 1000

Coin itself is open source, anon features aren't.

micryon

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Activity: 154

Merit: 100

Don't see any code for any anonymous feature in github repo, btw.. nor any branches..

Maybe I'm missing something?

atcsecure

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Activity: 756

Merit: 500

Quote from: BEECoinfan on May 28, 2014, 03:37:12 PM

Quote from: goodluck0319 on May 28, 2014, 03:36:13 PM

how long do I have to wait to just confirm a block?

Minimum 8 hours
Max 30 days

The more coins you have the better your chance of getting it quicker!

Confirmation is separate from stake age - 6 confirmations on a TX... minted/mined blocks 200 confirmations

BEECoinfan

sr. member

Activity: 308

Merit: 250

Quote from: goodluck0319 on May 28, 2014, 03:39:26 PM

why does it take that long to just confirm it?

Are you talking about POS staking or just transfer time,

The stats I posted were for POS staking, just sending a coin I am not to sure when I transferred it exchanges it didn't take too long to fully confirm

ReRunRod

full member

Activity: 168

Merit: 100

Sorry to be a fool.. Can someone send me a coin to make sure my wallet is syncing? I'd appreciate it!

ImI

legendary

Activity: 1946

Merit: 1019

hi folks! quick question: is XC open source??

Topic: [ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 61. (Read 268549 times)