Ok wait a minute...
On the OP it says every XC client is a node (giving the impression that EVERY client forwards these fragments). Then on the FAQ on your site it says that an XNode is what processes the transactions and you need 550XC to run one (giving me the impression that only XNodes that people setup forward the fragments). Then, on your site there's news of "XMixer"...
Ok so, when you send an anon transaction what happens? How many fragments does it split into (or does that just depend on the size)? Who is involved in forwarding these fragments, all online clients? Just the XNodes? The XMixers? Through how many clients/nodes/mixers does each fragment pass through before it gets to its destination? So many questions. I could go on.
At first glance I was lead into thinking that each transaction is split in to fragments of random amounts, which are each passed through a random amount of online wallets (normal users, anyone and everyone on the network) before each fragment reaches its destination (the person receiving the funds) at different times. Which would be really awesome. But after digging deeper it seems only XNodes handle this? Where does the mixer come in?
I'm not sure if I'm being mislead or if I'm just an idiot who doesn't understand, would love an explanation of how this actually works. I like to invest in innovative technology not hype and PR. Sorry if I'm coming across as an asshole
. This seems interesting but I either don't have a clue how it works, or the explanations are misleading.
Cheers!
EDIT: For now I'm going to assume "XNodes" don't exist and have been replaced by "XMixers", and that fragments are forwarded through ALL online wallets,
and the reason for these "XMixers" is because a fragment can't pass through a wallet if the wallet doesn't have at least as many coins to cover the fragment? Is this correct? In that case do all wallet clients (which I'm assuming fragments are forwarded through) also mix their funds with the fragments?If not, why in that case does a wallet have to cover a fragment for it to pass through (I'm assuming it does have to, otherwise why the mixers?) ARGH these are all blind assumptions!! Hahaha
Someone help me out?
website is still not updated compleately
everything is explained here in Expanding XC's capacity:
https://bitcointalksearch.org/topic/m.8806414The bold part in my quote, I now understand you can't forward a bigger fragment through a wallet than the amount stored in the wallet because then it's obvious that it's not a normal payment, duuh. (conversing with myself here wtf)
Yeah I read that, and it all started to make sense until hoooold on! "
There might not be enough nodes making private payments at a given time, causing transactions to wait or be canceled." - I was under the impression fragments can be forwarded through ANY online wallet as long as the wallet balance covers the balance of the fragment... That sentence just threw me right off!
You have two sending options, Private and open. Open is just like every other coin.
A Private XC transaction is handled uniquely to other coins protected by being opensource on a delayed timeline.
In short plain English here is my interpretation of how XC handles anon transactions:
Person A wants to send 50 XC to Person B anonymously.
Leaving Person A's wallet the transaction passes other wallets and gets scrambled with other transactions. Visually think about the transaction getting fragmented at every wallet, the fragments then hit other wallets where they are fragmented again. The fragments are being mixed with other transactions fragments. The fragments knows where they are going, so they stop at the wallet B, but because there are fragments going all the time it is hard to tell the pieces from the whole.
Every wallet is called a node, there is no lower limits on a node.
With the above picture you can tell that if only one transaction is being fragmented at a given time you could datamine where it came from and where it was going. This is where XCMixers comes in. The mixers are at all time loaded with 1000 XC and these coins are used to cause additional "explotions" ensuring that the fragments are always concealed. The number has to be big to ensure that large transactions can be concealed.
Anyway this is how I understand XC, but I'm sure the team can describe it better than I, I hope it helps until they get online.
Yeah, if it worked like this that would be even more awesome than what I originally assumed... But you see if it worked how you said then surely there'd be no reason for the mixers? Unless the mixers are PURELY there to cover BIG ass transactions so they can then send tons of tiny fragments small enough for the nodes (any online wallet client???) to handle...
But then again... Read that sentence I quoted from that news post... That makes it sound like only nodes making private payments at a given time are used to forward transactions
Fact of the matter is, the explanations we've been given can be interpreted however the hell we like, I think a dev needs to come n put an end to this dilemma.
Hey Tingcoin
Thanks for wrestling with the details. I appreciate your giving XC this kind of critical attention.
Apologies for the confusion. Ignore the website - it's currently out of date. We've just released this software and some stuff is still playing catch-up.
For now, the press release on the Xmixer contains correct information:
http://bit.ly/xmixerintroIf, after reading it, you're still confused as to the role of Xmixers vs regular nodes, post us your thoughts here. I'd be more than happy to talk it through.
Hey,
Thanks for the response
. Yeah I've read that doc (multiple times) and basically I just want to know the detailed process of what happens to "private payments". What I need confirming is:
- "There might not be enough nodes making private payments at a given time, causing transactions to wait or be cancelled". This leads me to believe that ONLY nodes (node being, online wallet client) making private payments at the same time as you (and XMixers) are involved in forwarding the fragments? Or is every node involved? This definitely needs confirming first and foremost.
- When you send a private payment, what happens to it? Is it broken down in to smaller fragments (how many exactly, a random number depending on the size of the TX or what?) and sent to other online wallets (whose balances cover the size of the fragment of course I assume). Then when a node (online wallet) receives a fragment, what happens there?:
- Do the coins contained in that fragment get "tumbled" with the wallet balance of the node, or just get forwarded to another node?
- When the fragment gets forwarded (from the node) to another node, does
one fragment get sent to
one node or does each fragment get further broken down in to multiple (how many?) smaller fragments which get sent to multiple (how many) other nodes? Basically, does it only split in to fragments when it comes from the sender, or does each node further split it in to smaller fragments?
- How many times does this process happen?
* Does each fragment pass through a specific number of nodes or a random number until it finds its destination?
* Is there a minimum number of nodes a fragment has to pass through?
- XMixer: I'm assuming only large payments get sent through the XMixer (how large does it have to be to go through there? Does this depend on the size of the currently online nodes wallets compared to the TX size? Or is it "anything above [insertsizehere] goes through mixer?) I'm assuming larger payments get sent to the mixer in order to get broken down in to many small fragments for the nodes to handle? Or do transactions large enough for the mixer simply go "sender > Mixer(tumble) > Receiver"?
I could go on and on making assumptions and asking questions here mate.
Basically with the way this technology has been explained, I guarantee every investor in your coin has his own little fantasy in his head on how this process actually works. What I'm asking for is to know the exact process and all the variables (and dependencies) of a private payment. No wonder this coins graph is a straight line, not many people would be willing to invest in a technology they don't understand or I definitely wouldn't at least. AND it's not open source on top of that (understandably though).
I won't part with my money if I don't understand how the system works. Again, sorry if I come off as a prick.
Looking forward to hearing how this process works, because all the fantasies in my head are really good. But that's the thing it could be anything all the info I've read is so open to interpretation. And I'm here questioning whether that's intentional or not. If there's some info or a document somewhere I've totally missed please forgive me.
If not, looking forward to hearing how this thing
really works.