K its been a week now and still not getting any stakes, im starting to think the staking part of the code is flawed, anyone able to explain the rumour about stake stealing?
you have v0.9.1.6x11-coin-1.0 ?
Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 1557. (Read 1484244 times)
May 30, 2014, 02:48:33 PM
you have v0.9.1.6x11-coin-1.0 ?
May 30, 2014, 02:47:37 PM
first thing, we all know this is not a finished product. period. it has been stated as such.
Now the question of making a decentralized anon wallet was in question, so I give you:
I did not initiate this transaction, yet I saw it come through on my laptop here.
no matter what is said, The fact is that the developer is still here, he continues working on the project, and we are FAR from finished.
Troll on.
Now the question of making a decentralized anon wallet was in question, so I give you:
I did not initiate this transaction, yet I saw it come through on my laptop here.
no matter what is said, The fact is that the developer is still here, he continues working on the project, and we are FAR from finished.
Troll on.
So that picture is showing that this wallet was chosen for this mixed transaction
This release is a only a test - as the plan was to fix up some key items and release in 3-4 weeks
What prevents the in-between node that is "chosen" to receive the money and not send it further down the line? The solution needs to be trustless that the node doesn't steal the money.
It also needs to be non-exploitable in the sense that commands shouldn't be coming in to one's wallet-node to send money out to third-addresses, otherwise if one tampers with a fake transaction one's wallet can be emptied.
This might require more than patching: It may require redesign.
May 30, 2014, 02:47:33 PM
K its been a week now and still not getting any stakes, im starting to think the staking part of the code is flawed, anyone able to explain the rumour about stake stealing?
May 30, 2014, 02:47:15 PM
This FUD is great...keeping the price down so I can buy more cheap coins. 
May 30, 2014, 02:45:44 PM
Quote
this must be fud - that can't be true, if it is, it will be so easyto patch the wallet and comment out the sending, in conclusion i'll recieve the coins from the one whos mixing but i will not send them to the destination and keep them -> easy stealing ...
the protocol will handle this, it won't be "Easy stealing" and yes there are bugs ,this is a test release
thanks for the answer - the first i ever get *thumbsup*
so i will be waiting how this turns out, many people (like myself) will be trying to crack it, if it flows trough the own wallet that seems to be intresting, not saying it can't be secured, but i highly doubt it will be 100% trustless and secure if the coins are going trough a personal wallet.
this is only a test release, the code is 3-4weeks out from being at that level - it does NOT go through your own wallet, it goes through an xnode - which anybody can activate when they launch the wallet
Today just this is all??
May 30, 2014, 02:45:32 PM
7 million coins total.
So far I think we can deduce there is at least two members in this thread that have stated they own a very large number of coins possibly 400-500k.
From looking through the blockchain I can see there are at least 10 addresses with 80-100k coins.
Then we really need to double that number because many people do not declare their holdings.
Here is my theory for current coin distribution
Large holders (100-500k) - Own 2 million XC
Medium holders (10-100k) - Own 2 million XC
Small holders (5-10k) - Own most of the remaining 1-2 million coins that have been mined.
I think due to the fast mining and early buying of large number of coins by certain smart crypto traders/ forum members this coin is going to end up with a very uneven distribution. But no more uneven than for real world currencies
So far I think we can deduce there is at least two members in this thread that have stated they own a very large number of coins possibly 400-500k.
From looking through the blockchain I can see there are at least 10 addresses with 80-100k coins.
Then we really need to double that number because many people do not declare their holdings.
Here is my theory for current coin distribution
Large holders (100-500k) - Own 2 million XC
Medium holders (10-100k) - Own 2 million XC
Small holders (5-10k) - Own most of the remaining 1-2 million coins that have been mined.
I think due to the fast mining and early buying of large number of coins by certain smart crypto traders/ forum members this coin is going to end up with a very uneven distribution. But no more uneven than for real world currencies
May 30, 2014, 02:45:16 PM
Seems no matter what - that there will be FUD...
Can you help me/us understand this post?
https://bitcointalksearch.org/topic/m.7042123
what is the question? User A wants to send to user B, instead the coins go to the XNODE - split across several transactions - that is what your seeing -
This part "As you can see you can clearly see the values and addresses, so all the wallet does is replacing the sent from text field as 'unknown' in the GUI"
So he is saying you just run a command with the transaction id and then you have the wallet address of the person it was sent from.
May 30, 2014, 02:44:50 PM
I'm really not here to spread FUD, whatever that stands for anyway. I am also heavily invested in this coin the last thing I want to see is a run on the coin. @atcsecure take your time with your work and don't worry about the price. It'll come back up in due time.
May 30, 2014, 02:44:08 PM
Quote
this must be fud - that can't be true, if it is, it will be so easyto patch the wallet and comment out the sending, in conclusion i'll recieve the coins from the one whos mixing but i will not send them to the destination and keep them -> easy stealing ...
the protocol will handle this, it won't be "Easy stealing" and yes there are bugs ,this is a test release
thanks for the answer - the first i ever get *thumbsup*
so i will be waiting how this turns out, many people (like myself) will be trying to crack it, if it flows trough the own wallet that seems to be intresting, not saying it can't be secured, but i highly doubt it will be 100% trustless and secure if the coins are going trough a personal wallet.
this is only a test release, the code is 3-4weeks out from being at that level - it does NOT go through your own wallet, it goes through an xnode - which anybody can activate when they launch the wallet
May 30, 2014, 02:43:10 PM
Wow a lot of horny boys on this thread.
May 30, 2014, 02:43:06 PM
Don't do that. You had me believing you were actually genuine for a second. Nobody refused anything. Now you look sketchy.
Fair enough. To post a screenshot of "Unknown" as proof is "sketchy" by itself.
What raised alarms for me was when the dev responded "the data is already there."
If there is only one testnet blockchain, it should be trivial for someone to create an Abe explorer for the testnet chain.
This will either credit the anonymity or discredit it. Until then, it's easy to dispute if it's genuine or not.
May 30, 2014, 02:42:39 PM
Seems no matter what - that there will be FUD...
Can you help me/us understand this post?
https://bitcointalksearch.org/topic/m.7042123
what is the question? User A wants to send to user B, instead the coins go to the XNODE - split across several transactions - that is what your seeing -
How did he then say all it does is replace it with "Unknown" out of that image?
May 30, 2014, 02:41:58 PM
Quote
this must be fud - that can't be true, if it is, it will be so easyto patch the wallet and comment out the sending, in conclusion i'll recieve the coins from the one whos mixing but i will not send them to the destination and keep them -> easy stealing ...
the protocol will handle this, it won't be "Easy stealing" and yes there are bugs ,this is a test release
thanks for the answer - the first i ever get *thumbsup*
so i will be waiting how this turns out, many people (like myself) will be trying to crack it, if it flows trough the own wallet that seems to be intresting, not saying it can't be secured, but i highly doubt it will be 100% trustless and secure if the coins are going trough a personal wallet.
May 30, 2014, 02:41:34 PM
Seems no matter what - that there will be FUD...
Can you help me/us understand this post?
https://bitcointalksearch.org/topic/m.7042123
what is the question? User A wants to send to user B, instead the coins go to the XNODE - split across several transactions - that is what your seeing -
May 30, 2014, 02:40:58 PM
DRK 
May 30, 2014, 02:40:33 PM
first thing, we all know this is not a finished product. period. it has been stated as such.
Now the question of making a decentralized anon wallet was in question, so I give you:
I did not initiate this transaction, yet I saw it come through on my laptop here.
no matter what is said, The fact is that the developer is still here, he continues working on the project, and we are FAR from finished.
Troll on.
Now the question of making a decentralized anon wallet was in question, so I give you:
I did not initiate this transaction, yet I saw it come through on my laptop here.
no matter what is said, The fact is that the developer is still here, he continues working on the project, and we are FAR from finished.
Troll on.
So that picture is showing that this wallet was chosen for this mixed transaction
This release is a only a test - as the plan was to fix up some key items and release in 3-4 weeks
All this has done has given the FUDers more fuel for the next 3-4 weeks now. Nothing should be released without hard evidence to substantiate the said functionality.
Seems no matter what - that there will be FUD...
Agreed, but let's not give them anything else they can spread FUD about. The troll box on Polo is "fake anon this", "copy and paste unknown" etc etc.
Your intentions are good, you want people to see progress and that you are really working on something great. But they are just tearing apart what little is being handed out. Wait till you have something big and we can jam it down their fucking throats and watch them choke on their own bile.
May 30, 2014, 02:39:35 PM
Seems no matter what - that there will be FUD...
Can you help me/us understand this post?
https://bitcointalksearch.org/topic/m.7042123
May 30, 2014, 02:37:12 PM
so much manipulation, all those tiny sell orders are there to cause people to sell low.. whales real 20 btc buy order just got placed at 200k
May 30, 2014, 02:36:32 PM
How much time does it take to make a testnet block explorer? Make a bounty and get it going if it shuts people up. Let's just do it.
Agreed. But you know what will happen next? "UH we need to see the code for the Block Explorer, we think it is manipulating the results"
It is a requirement to have a testnet block explorer especially when you are staking the whole entire coin on the promise of being anonymous.
To simply show a screenshot of "Unknown", and then have the dev refuse to show the explorer transaction is alarmingly scary.
Don't do that. You had me believing you were actually genuine for a second. Nobody refused anything. Now you look sketchy.
May 30, 2014, 02:36:26 PM
first thing, we all know this is not a finished product. period. it has been stated as such.
Now the question of making a decentralized anon wallet was in question, so I give you:
I did not initiate this transaction, yet I saw it come through on my laptop here.
no matter what is said, The fact is that the developer is still here, he continues working on the project, and we are FAR from finished.
Troll on.
Now the question of making a decentralized anon wallet was in question, so I give you:
I did not initiate this transaction, yet I saw it come through on my laptop here.
no matter what is said, The fact is that the developer is still here, he continues working on the project, and we are FAR from finished.
Troll on.
So that picture is showing that this wallet was chosen for this mixed transaction
This release is a only a test - as the plan was to fix up some key items and release in 3-4 weeks
ATC price will plummet pretty badly if you keep this position... can you please articulate a bit more? Im fully invested in this coin and the last thing I want is people walking away scared dumping everything.
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