Topic: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx! - page 197. (Read 748616 times)

Hello,

I give away 250 xst coins max 5000 on twitter, the only must tell me why they like this coin #gutogut1

My thanks to the dev.....

Don't agree as phone is on charger, usually overnght, and I know of at least 1 mobile staking wallet that is very easy on the battery.

A coin with 20% interest should have mobile staking if the plan is to make it a usable currency. JMO

A coin with 20% interest should have mobile staking if the plan is to make it a usable currency. JMO

I couldn't really care about an android app that won't stake, but an in-wallet trading feature would be nice.

A staking mobile wallet is unlikely to get used for staking for a number of reasons. The biggest reason is battery life. PoS is designed to distribute staking weight over time by creating two new inputs from each old input. With the splitting, though, the weight of each transaction goes down, making the wallet work harder after every cycle. Eventually, mining dominates battery usage and the user must shut down the wallet to save battery life.

In-wallet trading, however, is an awesome idea. I'll bring that up with the team. Suggestions on which exchange to support are welcome.

A staking mobile wallet is unlikely to get used for staking

I couldn't really care about an android app that won't stake, but an in-wallet trading feature would be nice.

whats so special about this coin? Huge buy support, what are the future predictions? thanks

StealthCoin Mention on DeepDotWeb - the media hub for underground commerce!

Article Link: http://www.deepdotweb.com/2014/09/18/can-anoncoin-be-the-currency-of-the-deep-web/

A Dark Horse

Many question why ring signatures are not simply added to Bitcoin’s codebase. According to Bitcoin core developer gmaxwell, ring signatures are possible, but present challenges. A new arrival in the arena of anonymous crypto-currences, StealthCoin (XST), promises to add ring signatures to the Bitcoin codebase with StealthSend, which is still in development. According to the StealthSend whitepaper (https://www.dropbox.com/s/do4urdefwoungjz/Stealthsend-Whitepaper-Brief-201409.pdf?dl=0), StealthSend transactions using ring signatures of 100 keys will only require about one third the space of similar CryptoNote transactions, but give the same level of privacy protection. This savings is achieved through the use of the use of so-called “Chandran Signatures”, and innovations related to the selection of the keys used for the ring signatures. In StealthSend, key selection is based on four numbers: two random numbers (called “nonces”), one number that reduces the difficulty of selecting the keys by specifying a subset of all possible keys, and one number to specify the size of the ring. Thus, the nonce key selection specifies any set of randomly selected keys using only 32 bytes of storage.Applied to CryptoNotes, the nonce key selection proposed for StealthSend would lead to a space savings of about 30% for future transactions.

If successful, Stealthsend will have an obfuscated blockchain similar to CryptoNotes while utilizing the well established bitcoin protocol. Additionally, it will also offer a significant reduction in storage.
To avoid the memory-expensive proofs required by an anonymous proof-of-stake coin, StealthSend will be a proof-of-work coin. StealthSend coins will be created by rewarding holders of StealthCoin at a 1:1 ratio in a proof-of-burn conversion. In other words, to get one StealthSend coin, a StealthCoin holder would have to burn one StealthCoin. After the proof-of-burn conversion, the remaining 15% of the total money supply will be emitted via proof-of-work, using a smooth emission algorithm.
Website – http://stealth-coin.com
Wallet – https://drive.google.com/file/d/0B8rWObF4xz1YWHdhNlVHcWJ5dWM/edit?usp=sharing
Source Code – https://github.com/StealthSend/Stealth/

Decentralized Dark Markets

In addition to Stealthsend, the Stealthcoin team recently announced that they plan to support Open Bazaar, which is an anonymous, decentralized marketplace. With the closings of Silk Road and many other Bitcoin commerce sites, a decentralized solution to an anonymous marketplace would fill an important niche.

Open Bazaar promises to be such a solution. It is an open-source project touting many innovations that improve on traditional markets, including a reputation system based on proof-of-burn pledges, which allow users to burn Bitcoin in exchange for reputation. Released under the permissive open source MIT License, the Open Bazaar project plans to launch before the end of 2014.



Very nice!!

I suggest to everyone to read the full article in the link that was posted and I add this:

"Anonymity is a shield from the tyranny of the majority" - U.S. Supreme Court 1995

Troll, go back to your  ssd thread  before I dump the 700k ssd that I'm holding.

Distribution List / Richlist

I have created a distribution list (Richlist) for Stealthcoin, Hope you guys like it.
Drop me a PM if you need anything.

http://www.richlist.eu/stealthcoin