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Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 258. (Read 1484218 times)

sr. member
Activity: 361
Merit: 250
So out of all mixer based anonymity coins, is XC the only decentralized one?

Does it lack the bloat that cryptonote coins have?

Yes, I think
hero member
Activity: 504
Merit: 500
eidoo wallet
So out of all mixer based anonymity coins, is XC the only decentralized one?

Does it lack the bloat that cryptonote coins have?
sr. member
Activity: 978
Merit: 250
did you see the order manipulation happening on bittrex right now on XC? are those bots?
did you see the order manipulation happening on bittrex right now on XC? are those bots?

I am wondering to, about those orders on Bittrex. Huh
Yup, they are bots.  I hate trading with bots, thats why I am not too keen on Bittrex (a lot of bot trade) and why I used to like Mintpal.  Mintpal it seems had one or two XC traders who had bots, but they were small trades and just seemed to bridge the gap between buy and sell.
was doing a bit of research about bot's and found this...
https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103

check out the ping-pong-tab and see what coing is used  Undecided
https://i.imgur.com/ElIcbNy.png

Bots add volume, which XCurrency desperately need right now. Bots is the automation of they day trader function, moving price between buyer and seller. If the marked swings low people have a chance to enter at a good price moving fresh capital into the pool, if the marked swings high some holders will sell their stock freeing averaging the distribution of wealth. Every order has a buyer and a seller and hind-sight might show a winner and a looser but none is forcing a trade so at the time of a trade both are winners.
+1
full member
Activity: 178
Merit: 100
did you see the order manipulation happening on bittrex right now on XC? are those bots?
did you see the order manipulation happening on bittrex right now on XC? are those bots?

I am wondering to, about those orders on Bittrex. Huh
Yup, they are bots.  I hate trading with bots, thats why I am not too keen on Bittrex (a lot of bot trade) and why I used to like Mintpal.  Mintpal it seems had one or two XC traders who had bots, but they were small trades and just seemed to bridge the gap between buy and sell.
was doing a bit of research about bot's and found this...
https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103

check out the ping-pong-tab and see what coing is used  Undecided
https://i.imgur.com/ElIcbNy.png

Bots add volume, which XCurrency desperately need right now. Bots is the automation of they day trader function, moving price between buyer and seller. If the marked swings low people have a chance to enter at a good price moving fresh capital into the pool, if the marked swings high some holders will sell their stock freeing averaging the distribution of wealth. Every order has a buyer and a seller and hind-sight might show a winner and a looser but none is forcing a trade so at the time of a trade both are winners.
legendary
Activity: 980
Merit: 1000
Traveling in subspace
i dont know what need to happen that BTC would be 5k $ .. everyone throught that we will see ATH in summer but summer ends and we have 380$ price, so.. Smiley what news about rev2.5 , rev3 ? will we see rev3 in autumn (like Teka said), because two months left in autumn Smiley

My only explanation is that BTC at the end of the Day untill super  venture capitalists will put their money into it is a whale game and whales will not allow to destroy their fav game to make profit hence at the moment they are accumulating before pushing the price to new ATH
Another possibility is the amount of new large TH/s miners coming online. Miners have to pay for those machines and will continue to hold the price down for now. JMHO.
sr. member
Activity: 392
Merit: 250
did you see the order manipulation happening on bittrex right now on XC? are those bots?
did you see the order manipulation happening on bittrex right now on XC? are those bots?

I am wondering to, about those orders on Bittrex. Huh
Yup, they are bots.  I hate trading with bots, thats why I am not too keen on Bittrex (a lot of bot trade) and why I used to like Mintpal.  Mintpal it seems had one or two XC traders who had bots, but they were small trades and just seemed to bridge the gap between buy and sell.
was doing a bit of research about bot's and found this...
https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103

check out the ping-pong-tab and see what coing is used  Undecided
https://i.imgur.com/ElIcbNy.png
hero member
Activity: 700
Merit: 500
Guys Do you still don't have an ETA for Rev 2.5? can you tell us at least if it is coming by the end of october?

Thx
full member
Activity: 138
Merit: 100
Yup, they are bots.  I hate trading with bots, thats why I am not too keen on Bittrex (a lot of bot trade) and why I used to like Mintpal.  Mintpal it seems had one or two XC traders who had bots, but they were small trades and just seemed to bridge the gap between buy and sell.
full member
Activity: 131
Merit: 100
New Beginning!
did you see the order manipulation happening on bittrex right now on XC? are those bots?

I am wondering to, about those orders on Bittrex. Huh
hero member
Activity: 700
Merit: 500
did you see the order manipulation happening on bittrex right now on XC? are those bots?
hero member
Activity: 700
Merit: 500
i dont know what need to happen that BTC would be 5k $ .. everyone throught that we will see ATH in summer but summer ends and we have 380$ price, so.. Smiley what news about rev2.5 , rev3 ? will we see rev3 in autumn (like Teka said), because two months left in autumn Smiley

My only explanation is that BTC at the end of the Day untill super  venture capitalists will put their money into it is a whale game and whales will not allow to destroy their fav game to make profit hence at the moment they are accumulating before pushing the price to new ATH
sr. member
Activity: 364
Merit: 250
i dont know what need to happen that BTC would be 5k $ .. everyone throught that we will see ATH in summer but summer ends and we have 380$ price, so.. Smiley what news about rev2.5 , rev3 ? will we see rev3 in autumn (like Teka said), because two months left in autumn Smiley
newbie
Activity: 1
Merit: 0
Hi,

I'm a developer from Canada and I was wondering where I could find more information about XC's Rev 1 blockchain and the database behind it. I was hoping to locate a source.

Thanks!
sr. member
Activity: 361
Merit: 250
An article was written back in July regarding bitcoin for oil, I'd like to see XC for oil.

http://bqdoha.com/2014/08/bitcoins-oil-yes
member
Activity: 87
Merit: 10
Can anybody explain how "your weight" and "network weight" is calculated ? What is the formula ?

What is relationship between those two ?

Please don't troll. Thank you




Not sure if Dan or anyone else has ever given the formula but in my experience, as your weight increases, you get closer to your next stake reward.  This may not always be true though.

Quote
Can't answer you question but is has been a long time sinds if seen trolling going around here
I would like to know it myself also  Wink


Yes I would like to know the exact formula too.

It seems like something like "your coin age" X "Staking amount"

But how is the "net work weight" calculated ? Is it the aggregated weight of all individual wallet weight ?

Can Dan or somebody explain this a little bit ?

Pump

Can someone help us with those questions ?

Thank you
hero member
Activity: 714
Merit: 500
Lol just dont sell at 750 buy at 800 sell at 850 buy at 900 sell at 1000 buy at 1600 sell at 2k buy at 4k hold until 1500 then sell.... cursing your luck and waiting for the next bubble, like most people in there first bubble.
I won't.
legendary
Activity: 1582
Merit: 1001
Lol just dont sell at 750 buy at 800 sell at 850 buy at 900 sell at 1000 buy at 1600 sell at 2k buy at 4k hold until 1500 then sell.... cursing your luck and waiting for the next bubble, like most people in there first bubble.
hero member
Activity: 714
Merit: 500
Bit coin world feels much more like June 2013  up and down roller coaster from 80- 140 with Silk Road plunge being the final straw in September. ..  we will see a roll from 350- 550 for a while yet until we are all comfortable enough to sell to the whales at 550 just before they take bit coin to 5 thousand.
I really doubt that will happen.

I think there's a high chance it'll happen. Elliot Wave analysis confirms this sort of price movement.



I agree and I have a feeling it will actually go much higher than 5k on the next surge. When that happens buckle your belts because the subsequent correction and next rise will make the past year seem quaint.
I hope you guys won't mind that if Bitcoin reaches 5k I will cash out my XC or at least a part of it, that way when it goes down I can buy back in again.
legendary
Activity: 2002
Merit: 1040
Bit coin world feels much more like June 2013  up and down roller coaster from 80- 140 with Silk Road plunge being the final straw in September. ..  we will see a roll from 350- 550 for a while yet until we are all comfortable enough to sell to the whales at 550 just before they take bit coin to 5 thousand.
I really doubt that will happen.

I think there's a high chance it'll happen. Elliot Wave analysis confirms this sort of price movement.



I agree and I have a feeling it will actually go much higher than 5k on the next surge. When that happens buckle your belts because the subsequent correction and next rise will make the past year seem quaint.
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
I want a simple explanation Smiley

Ok, there's layer 1: the Xnode protocol
- nodes communicate with one another using an end-to-end encrypted protocol, so that anyone who intercepts their messages can't decipher them.
- nodes communicate directly; they don't use any trusted third parties or central servers. Therefore there's no one point of failure or attack.

Layer 2: an ad hoc meshnet
- when you make a private payment, the first thing that happens is that your app sets up a network with a bunch of other nodes that are making payments at the same time as you.
- this network exists only for the duration of the transaction, and thus has no permanent infrastructure that can be attacked.
- since this network is a mesh, it does not encounter problems if nodes drop out of the network during the transaction. Thus it's robust against DOS attacks (i.e when a node refuses to sign, which breaks other technologies, like CoinJoin).

Layer 3: trustless mixing
- when you make a private payment, a transaction is built up between all the nodes in a meshnet.
- they pass the transaction around in a very clever way (analogous to Coinshuffle) in order to send coins to their intended destinations on behalf of other nodes.
- once the transaction is ready, each node checks that its own coins are going to the right destination, and if all is in order, the node signs the transaction.
- the signing is done in a very clever way so that no node knows which other node's coins they're forwarding.
- the coins are forwarded to their destination from a different address to the one that a forwarding node receives them on, so that there's no link on the blockchain between sender and receiver.
- if there's a problem then a node will refuse to sign. This makes the whole transaction unable to be processed, and thus no node can steal the coins that it's forwarding on behalf of another node.
- when this occurs, the nodes are able to reverse the passing-around procedure and discover which node caused the trouble. This node gets kicked off the mesh, and the transaction proceeds as per usual.

Layer 4: multipath
- when you make a private payment, the coins aren't sent in one go, but in fragments, making it impossible for anyone to tell how much you actually sent.

The ways in which all this is private:
- multipath conceals the amount you send or receive.
- mixing conceals the sender and the receiver.
- the trustless nature of the mixing ensures that nodes can't steal coins and that they can't know whose coins they're forwarding.
- the Xnode protocol ensures that nobody can decipher any of these messages in the first place.
- in addition, using the XC TOR Stick conceals your IP address.
- and, finally, when we add stealth addresses to XC, then when someone pays you, not even they will discover the address you receive the payment on, and so you don't have to trust them to keep private the address that your coins are on.

Basically, there's nothing else to make private after all this. The entire thing is concealed; none of your personal information is given away. So it's 100% privacy.

I am just requoting this as i feel some of you may have missed it with all the MintPal woes - a brilliant explanation of XC Privacy tech at the moment - well worth spending a few minutes to understand!

Mindblown!
  Shocked


Thank you guys! I'm always uncertain how this stuff comes across, since it's so non-technical.


Tweeted: https://twitter.com/XCurrency/status/516326578624942080


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