Topic: Unmoderated XC thread - page 35. (Read 57227 times)

XC

which one? ^^

Coin is Forked.

"REV2 will have a solution to the bad actor problem.  Using a dynamic learning trust system"

Create Xnode - steal coins.

Shutdown Xnode - Move Coins to new Xnode

steal coins.

Shutdown Xnode - Move Coins to new Xnode

Rinse, repeat.


Cant wait to get started.

"REV2 will have a solution to the bad actor problem.  Using a dynamic learning trust system"

Create Xnode - steal coins.

Shutdown Xnode - Move Coins to new Xnode

steal coins.

Shutdown Xnode - Move Coins to new Xnode

Rinse, repeat.


Cant wait to get started.

Polo reporting possible fork on their XC wallet.  Careful if you're transferring funds

They just froze it to change over to the new wallet:

tf2honeybadger: I've compiled the newest XC source code and i'm resyncing our daemon right now.

This is off topic, but I saw Dreamcoin mentioned so i had to clarify https://bitcointalksearch.org/topic/dreamcoin-revival-100-proof-of-stake-15-stake-rate-drm-625460
I stepped in as lead dev a week ago. The original developer launched it with a misrepresentation of zerocoin implementation.
I will assure you this is not the same coin in principle as the one that was launched.
I have been watching the development of this anonymity craze and guarantee I will not take a short cuts or try to pull any hype to pump the coin
I do not believe that node based mixers are remotely the answer to anonymity.
The only people i believe to be on the right track are the zerocoin/zerocash team.
https://twitter.com/ZerocoinProject and even they are taking their time to launch something solid.
Unless i have something ready for public beta it will not be pushed to public.
I foresee many issues coming in the future to any node based system as it has too many hole to be exploited.
This may just be a matter of opinion, but it is not a risk I would be willing to take.
As a developer it is my responsibility to protect the interests of my investors first and this means having a solid product before ever putting it to market...

I apologize for my interruption
johnny

Honestly it's already busted. Scam coin in the making.

http://www.reddit.com/r/XCofficialreddit/comments/26uf4g/dev_update_290514/churhky

You would think that a capable developer, who claims to implement such cutting edge features, as a decentralized anonymous transactions would not need to buy a coin.
A normal developer would fork an existing coin and start from there, at least this gives you ways to familiarize yourself with the codebase on the way along. The XC coin developer doesn't even know how to use Git (or uses it deliberately to hide things), there's no history of his commits, no information where the repository was forked from, etc. It's not surprising since he wants to hide the fact that the coin was bought which is embarassing so he pushes a new repository everytime there's a change. This makes it also difficult to see what changes (or any) been commited at all. So far there's zero code responsible for any anonymous transactions in the codebase. It's been three weeks since he bought the coin, if he was making any progress we would have seen some evidence in the repository.

What's worse is that things like Zerocoin are a year in the making and still not yet ready, these things are extremely difficult, but a guy who bought an entire coin claims to finish things which are competetive in a few weeks time. Such world class developer would not need to buy a coin implementation, why waste precious bitcoins. It's ridiciolous.

All the announcements like the peer reviews and his explainations were extremely vague and disappointing to say the least. Heck, there's no white paper, no outline whatsoever how his implementation is supposed to work. "It works" it's what we keep hearing.

"Anon" is hot these days, so no doubt that his 0.7 BTC investment in buying the coin implementation is going to pay off once he runs with the premine stash. That's the only loglcal conclusion from all this mess. Building hype is easy, delivering is hard. So far we've only seen hype and nothing else.

I saw payments from 3 payor addresses to 6 payee addresses in the same block.
Please explain more, I'm all ears.

I don't have a problem with your typical trader trying to play the market, but if you are in on the scam, pumping it up then dumping at a point pretty much agreed on with cronies, you are scum. Shit. Lower than excriment.

I saw payments from 3 payor addresses to 6 payee addresses in the same block.
Please explain more, I'm all ears.

What did I show you ?

I didn't show you what you are talking about.

Learn more.

~~~~

Traders can just as easily lose money as they can gain it. There is nothing evil about trying to profit from market movements. You can earn peace of mind, I'll earn some money.

An investigator could figure it out with one more transaction between the same 2 parties. Not only that, he can narrow it down pretty well with the first one.

Imagine this: a REAL developer, you know - a pro not a rip off artist in cahoots with whales and exchanges, comes out with something that the real world finds useful. We all get in early and all get rich off of a REAL investment. No smoke/mirrors, no slaughters. That's the only reason I'm watching the scene, waiting and hoping for a coin that could actually take bitcoin's place. The rest of this is nothing more than amusement that I'm happy to say I'm not profiting from. The fucking vampires will get theirs in the end, kharma is for real.