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Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 1567. (Read 1484246 times)

hero member
Activity: 589
Merit: 500
do not increase the interest, terrible idea. centralised finance works differently compare to crypto finance!


look at nxt, they do not have any interest or inflation the only thing they get from "forging" is the transaction fee from the current forged block! and that isn't very much but still loads of people are forging and running nodes because they believe in nxt and they want to protect their own investments.

I run a rasp pi 24/7 forging as well and I barely made few cents for a long long time, but you can think of me paying few cents each day in electric bill to protect my investment.

Finally I got the binary XC on my Raspberry Pi after so long time compiling, and now it's syncing.

BTW, I have no XC right now, and I will buy some to do PoS mining on the Pi. Wait me, don't pump to much.

Donations are welcome.

Code:
pi@raspberrypi ~/X11COIN/src $ ./x11coind getinfo
{
    "version" : "v0.9.1.5x11-coin-1.0",
    "protocolversion" : 71002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 15565,
    "moneysupply" : 4430486.74527600,
    "connections" : 12,
    "proxy" : "",
    "ip" : "61.182.139.40",
    "difficulty" : 1588.14039112,
    "testnet" : false,
    "keypoololdest" : 1401458262,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "errors" : ""
}


your block count and money supply are wrong - make sure you use the addnode=162.243.109.24 - either in your X11Coin.conf or startup


Yes, I have configured those parameters. I just completed the compiling, it's out of sync, and the number of block is increasing.
hero member
Activity: 840
Merit: 1000
So.. about that watchdogs? Anyone want to sell me watchdogs for XC?
sr. member
Activity: 602
Merit: 252
Can anyone here contact coinmarketcap.com and have them add asterix(*) to XC coin supply

seems they do not add the cryptsy?

anybody send me a link on XC/BTC on cryptsy?

here is the coinmarketcap thread: https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

you can leave message here or send “Gliss” a PM

or request here:

https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/formResponse

It is not necessary, because all the XCs are mined by POW, the rest of them will be mined by POS.
hero member
Activity: 756
Merit: 500
do not increase the interest, terrible idea. centralised finance works differently compare to crypto finance!


look at nxt, they do not have any interest or inflation the only thing they get from "forging" is the transaction fee from the current forged block! and that isn't very much but still loads of people are forging and running nodes because they believe in nxt and they want to protect their own investments.

I run a rasp pi 24/7 forging as well and I barely made few cents for a long long time, but you can think of me paying few cents each day in electric bill to protect my investment.

Finally I got the binary XC on my Raspberry Pi after so long time compiling, and now it's syncing.

BTW, I have no XC right now, and I will buy some to do PoS mining on the Pi. Wait me, don't pump to much.

Donations are welcome.

Code:
pi@raspberrypi ~/X11COIN/src $ ./x11coind getinfo
{
    "version" : "v0.9.1.5x11-coin-1.0",
    "protocolversion" : 71002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 15565,
    "moneysupply" : 4430486.74527600,
    "connections" : 12,
    "proxy" : "",
    "ip" : "61.182.139.40",
    "difficulty" : 1588.14039112,
    "testnet" : false,
    "keypoololdest" : 1401458262,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "errors" : ""
}


your block count and money supply are wrong - make sure you use the addnode=162.243.109.24 - either in your X11Coin.conf or startup, unless your still syncing.. then let it finish
copper member
Activity: 224
Merit: 100
Covered some of the latest XC vs. DRK battles here, though I left out the latest round of DRK fud Smiley

Cut this shit please. Nothing reeks of failure more than someone needing to bash the competition. You don't see people from bitcointalk going over to litecointalk to tell them why bitcoin is better. If you know why they don't then you should know exactly why you shouldn't be either.
sr. member
Activity: 308
Merit: 250
DRK approach vs XC approach

DRK


Imagine if you will that you had a message and you wanted to send it to a friend. Delivering this message is the highest priority of your life and no other person can find out where this message came from.
The standard method used by most coins would require that there are web servers (see above image), “judges” if you will that will be the point of contact between you and your friend. They may pass the message among themselves and or with other individuals until they finally transmit the message to its destination, which will be your friend.


XC approach



The alternative approach to the crowds method is the dual path method. XC has implemented this within its wallet POS feature. This method benefits from the lack of need for a node as each individual is treated independently (see above image). It is fully decentralized and anonymous.

If we were to render the same situation of needing to send a message to a friend using this method instead we would get a completely different scenario.
In this case the request is bounced around independent individuals at random intervals until it has reached you. You would then send your message using the same method although in this case it will follow a completely different path. This means that there is no way of actually telling who the requester or the sender was. There are no nodes or “judges” and each individual will only need to decide the next movement. A complete free form of requesting and sending data.

Its approach to a complete anonymous POS wallet that not only is private but at the same time: its much faster at dealing with network changes, node drops and overall handling of data compared to the crowds approach mentioned above.

XC is also encrypted. And the dev is also working on blockchain v 2.0 later on with encrypted messaging, peer to peer exchange. And to the people spreading lies, the developer is here on linkedin and mentions XC on his page: http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

Thank you for sharing my article!!!

Im glad you guys are starting to understand the real benefit of XC!

Here are some other pointers that may be of help:

Increasing Network Traffic
Dual Path (XC Coin) is approximately 52.5% faster than crowds (normal coins)

Increasing Size of Data
Dual-Path is about 30% to 50% faster than Crowds for increasing the size of sending data.

Increasing size of sending data and network traffic
Dual-Path is faster about 45% to 75%.

Increasing node failure and network traffic
Dual-Path acts better when network traffic increases and nodes are dropped.

More Benefits of XC
IMMUNE TO D/DOS AS THERE IS NO NEED FOR A NODE +1
NO NEED FOR MASTER NODES +1
IMMUNE TO time-to-live attacks as it uses random time intervals for each transmission


The above was done in accordance to the dropping ratio of nodes which was held at 40%.

For the full article please visit
www.coinssource.com/xc-coin-coins-source-exclusive/


Cheers  Cheesy
sr. member
Activity: 476
Merit: 250
Gone......

The test release will be decentralized as well, anybody can join the xpool at any time provided they have XC's in the wallet.  This is only for testnet use only

thanks for the update, that's really great.

Holy shit Dan is releasing a beta on testnet to test decentralized xnodes already?!?! this is insane!!!
Shocked
hero member
Activity: 589
Merit: 500
do not increase the interest, terrible idea. centralised finance works differently compare to crypto finance!


look at nxt, they do not have any interest or inflation the only thing they get from "forging" is the transaction fee from the current forged block! and that isn't very much but still loads of people are forging and running nodes because they believe in nxt and they want to protect their own investments.

I run a rasp pi 24/7 forging as well and I barely made few cents for a long long time, but you can think of me paying few cents each day in electric bill to protect my investment.

Finally I got the binary XC on my Raspberry Pi after so long time compiling, and now it's syncing.

BTW, I have no XC right now, and I will buy some to do PoS mining on the Pi. Wait me, don't pump to much.

Donations are welcome.

Code:
pi@raspberrypi ~/X11COIN/src $ ./x11coind getinfo
{
    "version" : "v0.9.1.5x11-coin-1.0",
    "protocolversion" : 71002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 15565,
    "moneysupply" : 4430486.74527600,
    "connections" : 12,
    "proxy" : "",
    "ip" : "61.182.139.40",
    "difficulty" : 1588.14039112,
    "testnet" : false,
    "keypoololdest" : 1401458262,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "errors" : ""
}
hero member
Activity: 840
Merit: 1000
Covered some of the latest XC vs. DRK battles here, though I left out the latest round of DRK fud Smiley

Nice username Smiley
newbie
Activity: 56
Merit: 0

The test release will be decentralized as well, anybody can join the xpool at any time provided they have XC's in the wallet.  This is only for testnet use only

thanks for the update, that's really great.

Holy shit Dan is releasing a beta on testnet to test decentralized xnodes already?!?! this is insane!!!
member
Activity: 143
Merit: 10
Covered some of the latest XC vs. DRK battles here, though I left out the latest round of DRK fud Smiley
legendary
Activity: 1148
Merit: 1000
ok just bought up my first batch of xc! just please let me regret for not buying more!

you will be glad one week later. Roll Eyes
copper member
Activity: 224
Merit: 100
XC is heading up again, stop freaking out it hasnt even been 24 hours. Investing requires holding your investment longer than hours, days, or even weeks or months.

Good luck with that.

http://www.cryptocoincharts.info/v2/pair/xc/btc/poloniex/10-days

I've been waiting to buy in, will wait till it gets to 0.001. You can thank me later for the headsup.

You must be new here. Welcome to crypto.

Thanks.

Retired day trader here though. Definitely not new.

Pretty strange a retired daytrader is not remembering the very early bitcoin days. Why exactly did u retire? ^^

Bitcoin bubbled up and it bubbled right back down. Don't get me wrong, ill invest here, the team behind it shows promise. But it's going to 0.001 before it gets to 0.01.

http://www.cryptocoincharts.info/v2/pair/xc/btc/poloniex/10-days

It's going to continue swinging up and down with lower highs and lower lows. Until a final crash probably tomorrow, maybe today.

If you can't see that then that's your problem.

Speak to me tomorrow, you'll know why I'm retired then.

Ok. So I missed the bottom ever so slightly. Apologies for that.

Anyways, A few notes,

Firstly, all this talk of manipulation is completely false. What your seeing going on is the price discovery phase of an extremely volatile market. Anyone who shouts manipulation clearly doesn't understand that this is all perfectly normal and expected.

Secondly, if we break up past 0.0025 in the next few hours we could easily test 0.0036 again within a few short space of time, this won't be one big jump, but swings up and down until the test. If it fails, which I think is far far more likely, were heading back to 0.0016-0.0019 range while the volatility settles, before, what I expect, a huge rise after the weekend breaking past the 0.003 barrier.

thirdly, I don't think the floor is stable at 0.002, but any fall below 0.0016 is an immediate buy. The reaction when we got to 0.0013 was ridiculous and I don't expect it to go any lower. If you see the price this low I suggest you buy before I do.

Fourthly, don't worry too much about the price. From the research I've done this coin has a future in the top 7 easily. It's going to swing up and down naturally in this phase, if you get emotionally attached to money just don't check the exchanges. It's as simple as that.

Fifthly, mods, deleting threads is an absolute last resort. Seriously. Unless someone is coming here spreading obvious bullshit then keep the posts, the whole we will delete anymore questions about that jake guy does allot more damage than someone just not getting a response. Shit like that is the biggest of red flags to serious investors.

Anyways. Happy Friday. Its going to be an interesting weekend. I'm putting my neck out here and guessing on the price settling in the high 0.003 range by Monday.

Peaceeeeeee


legendary
Activity: 1148
Merit: 1000

The test release will be decentralized as well, anybody can join the xpool at any time provided they have XC's in the wallet.  This is only for testnet use only

thanks for the update, that's really great.
hero member
Activity: 589
Merit: 500
I think the rate should be raised to around 5%-7% so that more people take their coins off exchanges and stake them. This will lead to:

1. Reduced sell pressure.
2. Faster and more secure network.

Could possibly lead to:

1. People having more incentive to buy the coin.

On the rate number, it has nothing important in nature to PoS mining. As you know, Peercoin's rate is only 1% yearly. I don't think the rate parameter is so important in PoS model, but it is harmful if it is as high as 10%.

On the other hand, 8 hour for the mature period is great, which is benefit to the newbie to PoS mining, and it's such a short time period for the users to experience PoS mining. Especially in the early stage right now the PoS difficulty is so low, you can get a PoS block even you just have 50 XC.

So I recommend you guys holding XC start PoS mining. It's benefit for the network stability and security.

full member
Activity: 468
Merit: 100
ok just bought up my first batch of xc! just please let me regret for not buying more!
legendary
Activity: 1148
Merit: 1000
Can anyone here contact coinmarketcap.com and have them add asterix(*) to XC coin supply

seems they do not add the cryptsy?

anybody send me a link on XC/BTC on cryptsy?

here is the coinmarketcap thread: https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

you can leave message here or send “Gliss” a PM

or request here:

https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/formResponse

Great, thanks. I tweeted them. We'll see.

thanks. Smiley
newbie
Activity: 56
Merit: 0

Definitely like the design of the XC, maybe the colors are too aquatic. I like the idea of more metallic, industrial related colors. Gives it a sense of strength and stability. But still a great design

https://i.imgur.com/qCtfl73.png

yeah like that one for sure
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Can anyone here contact coinmarketcap.com and have them add asterix(*) to XC coin supply

seems they do not add the cryptsy?

anybody send me a link on XC/BTC on cryptsy?

here is the coinmarketcap thread: https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

you can leave message here or send “Gliss” a PM

or request here:

https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/formResponse

Great, thanks. I tweeted them. We'll see.
full member
Activity: 468
Merit: 100
do not increase the interest, terrible idea. centralised finance works differently compare to crypto finance!


look at nxt, they do not have any interest or inflation the only thing they get from "forging" is the transaction fee from the current forged block! and that isn't very much but still loads of people are forging and running nodes because they believe in nxt and they want to protect their own investments.

I run a rasp pi 24/7 forging as well and I barely made few cents for a long long time, but you can think of me paying few cents each day in electric bill to protect my investment.
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