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Topic: 🚀[ANN]⚡xChainge: Wallet and fully decentralized exchange with a friendly UI/UX⚡ - page 43. (Read 13723 times)

member
Activity: 266
Merit: 11
Your team attracts scientific specialists from higher educational institutions, like the cryptography and cryptanalysis ​scientific group of the Mechanics and Mathematics department of the Novosibirsk State University and Sobolev
Institute of Mathematics.
This makes the project better
full member
Activity: 142
Merit: 100
I don't see any information about the release of the xChainge Wallet on the Linux platform
full member
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Merit: 100
I see in the road map of your white paper you are planning to release of the xChainge Wallet for Windows in Q1 2018
Why at first in Windows and not in iOS? why is it such an unprincipally?
This is unfair to the android owners. Release of the waalet for Android is at the end of the roadmap in the end of 2018 year
full member
Activity: 225
Merit: 100
umachit.fund
I see in the road map of your white paper you are planning to release of the xChainge Wallet for Windows in Q1 2018
Why at first in Windows and not in iOS? why is it such an unprincipally?
full member
Activity: 142
Merit: 100
And The XCHAINGE Foundation who makes key decisions regarding the platform implementation and supervise the XCH token crowdsale and all its subsidiaries were established in the Principality of Liechtenstein.
There is a faur Dutch system, covernance in Liechtenstein... Good!
full member
Activity: 198
Merit: 100
hi,
interesting project
but there are still some unclear points...
How do you explain the use of the Dutch model to sell tokens?  Huh
Everything is not  obvious? The goal is to sell all the tokens at a fair price. It is determined by the participants of the auction. There is soft cap - it is achieved when selling at the lowest price. There is a hard cap - when selling at the maximum. It's simple.

Thank you for your answer!
In standard auction schemes the participants are always under pressure, because of the constantly growing price. However, Dutch auction offers an opposite, more fair approach - the final price of a token at the end of the campaign is the same for everyone. Either the minimum of 0.005 ETH or whatever the price is on December 30th. Even though the price decreases over time, it doesn't mean that early investors will get less tokens for more money - tokens will be distributed according to the final price. Eventually it's up to the investor to decide how much he values the token, so feel free to invest at any time and wait to see what does the market think of the project - you probably will get more tokens than you expected.
Join us in Telegram https://t.me/XChainge
Yes, it is real more fear approach. The final price of a token at the end of the campaign is the same for everyone. I haven't ever heard about this Dutch system of an auction
member
Activity: 266
Merit: 11
Is there any information or links to the ICO bounty company of xChainge?

At the moment we are preparing to launch a bounty compaign .
We are waiting  Smiley
full member
Activity: 198
Merit: 100
are you somehow going to enter the US or China market? I understand that this is a rather complicated question now but these states are economically strong and there a large number of investors who will be interested to invest in your project. Do you have some options?
I'm afraid no. I remembered correctly, in countries such as China and the US have laws prohibiting or restricting the operation of digital assets
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
are you somehow going to enter the US or China market? I understand that this is a rather complicated question now but these states are economically strong and there a large number of investors who will be interested to invest in your project. Do you have some options?


We realize that these markets are huge, however, because of the cryptoasset legislations we can not advise citizens of these countries to participate in the crowdsale.

Please refer to the disclaimer on our website, and consult with your lawyer for further details if you're unsure that purchasing tokens during ICO is legal in your country.

Yes. Our goal is to make the xChainge Wallet a payment center that people will use to make daily transactions with XCH tokens or any cryptoassets that will be supported in the future.

The xChainge Wallet will not charge users for any transfers neither involving ETH, nor any of the ERC-20 tokens. The only expenses the user will face will be Ethereum network transaction fees. Installing the wallet to store cryptoassets is,naturally, free of charge.
And how the expenses for infrastructure will be compensated? There can not be anything free in this world ) Someone has to pay.


Sure, there is no free lunch, but xChainge is decentralized, meaning we, as developers, don't own servers, that need to be maintained.

The only expense the system entails is the electricity bill paid by the node owners. But that's totally fine, because these people get paid for keeping their nodes alive.


Interestingly, your project has advertising on the sites dedicated to crypto-currencies? it's important to talk glibly about your project to the whole world)
you can write a link

We already started an extensive PR campaign in the cryptocurrency related media.

We will publish links to our articles  to the forum and the telegram channel, so please join https://t.me/XChainge to be updated.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
No, XCH token is intentionally a utility token, which is to avoid a whole lot of legal problems with security tokens and other disadvantages like low liquidity on other exchanges.
An XCH token doesn't entitle it's owner to a share in the company, it's just a means of internal payments on the platform. However, as the platform becomes more popular, token holders should expect the price of a token to rise significantly.
Additional issue of tokens is possible in the system? If the cost of tokens grows, people will stop putting them into circulation and will only accumulate. Will not this lead to a deficit of tokens in system?

XCH tokens will be emitted only during the crowdsale and the number of issued tokens is strictly fixed. We believe that the rules of the open market shall bring the price of a token to a fair value. These rules also dictate that further token emission beyond the initial limit will ruin the achieved balance.

If people stop using tokens on the platform, its quality of operation will suffer, which in turn will bring the token price down. An evil cycle that is!
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
At the moment we are preparing to launch a bounty compaign .
Its always good if project have bounty campaign. I have question about it. How many tokens will be allocated for this campaign or it will be some percent of sold tokens during ICO? Which types of campaigns you will be use? I mean social media, blogging, signature or all of them?

Details about the bounty campaign will be unveiled in a few days on both our website and BTT. Please be patient Smiley

Meanwhile, join our Telegram channel and subscribe to news updates via email.
full member
Activity: 826
Merit: 109
which benefits will get your token holder? Also tokens will be only utility for access to xchainge and pay transactions fee or you gonna distribute some percent of platfrom's profit for each token? If you will distribute some platform's profit how muc percent it will be?

No, XCH token is intentionally a utility token, which is to avoid a whole lot of legal problems with security tokens and other disadvantages like low liquidity on other exchanges.
An XCH token doesn't entitle it's owner to a share in the company, it's just a means of internal payments on the platform. However, as the platform becomes more popular, token holders should expect the price of a token to rise significantly.

is this done so that legally tokens are not equated with shares? this is a competent decision)
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
which benefits will get your token holder? Also tokens will be only utility for access to xchainge and pay transactions fee or you gonna distribute some percent of platfrom's profit for each token? If you will distribute some platform's profit how muc percent it will be?

No, XCH token is intentionally a utility token, which is to avoid a whole lot of legal problems with security tokens and other disadvantages like low liquidity on other exchanges.
An XCH token doesn't entitle it's owner to a share in the company, it's just a means of internal payments on the platform. However, as the platform becomes more popular, token holders should expect the price of a token to rise significantly.
full member
Activity: 574
Merit: 111
vite
At the moment we are preparing to launch a bounty compaign .
Its always good if project have bounty campaign. I have question about it. How many tokens will be allocated for this campaign or it will be some percent of sold tokens during ICO? Which types of campaigns you will be use? I mean social media, blogging, signature or all of them?
member
Activity: 242
Merit: 11
Is there any information or links to the ICO bounty company of xChainge?

At the moment we are preparing to launch a bounty compaign .
full member
Activity: 826
Merit: 109
Interestingly, your project has advertising on the sites dedicated to crypto-currencies? it's important to talk glibly about your project to the whole world)
you can write a link
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
I like the idea... decentralized market trading !

Thank you! We hope that our platform will meet and exceed your expectations.
full member
Activity: 522
Merit: 101
hi,
interesting project
but there are still some unclear points...
How do you explain the use of the Dutch model to sell tokens?  Huh
Everything is not  obvious? The goal is to sell all the tokens at a fair price. It is determined by the participants of the auction. There is soft cap - it is achieved when selling at the lowest price. There is a hard cap - when selling at the maximum. It's simple.
member
Activity: 82
Merit: 11
Hi

is the order book of your exchange also decentralized?

Does it run on top of https://blocknet.co ?

Thanks c
hero member
Activity: 756
Merit: 629
All of the named solutions are still based on centralized clearing servers, which means they can be taken down by will. This also means that actions and personal data of their users can be affected by the service administrators. Finally, the UI/UX is greatly falling behind modern standards.

Decentralization solves this problem, but another appears. Attack 51%. Is this problem relevant? And if so, how is it supposed to defend against it?

The 51% attack is not possible in Ariadna network.

In order to meet consensus in transaction processing, the network selects 6 random nodes to form a transaction processing cluster, which does the calculations and result verification. The number 6 is not a final number and the size of the cluster will be most likely adjusted during R&D.
Even if it turns out that one person controls all the nodes of a cluster, which is incredibly unlikely by itself given the expected size of the network, the node owner might not know that he's processing a transaction at a certain point of time, let alone know what that transaction is, as this information is hidden.

Very interesting system. Is this your development or somewhere i can read about it in more detail?
What time for calculating the state of the system ? For how long does one payment take place?
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