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!
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.
The real power of multisig transaction.
