[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 382.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Dungor on September 13, 2014, 05:53:05 AM

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin1.pdf
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin2.pdf

Bank of England analyzing Bitcoin technology for those who missed it.

"Ultimately every transaction involving a financial asset must
be recorded and most of these records are digital. The
structure of the broader financial system is similar to
payments in that these records are held by centralised third
parties. The application of decentralised technology to this
platform of digital information could have far-reaching
implications, other industries whose products were digitised
have been reshaped by new technology. The impact of the
distributed ledger on the financial industry could be much
wider than payments."

TLDR: They still think that the blockchain tech is for digital currency only.

Oh well, that means they won't be in the running to create anything innovative. ;-)

Dungor

full member

Activity: 178

Merit: 100

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin1.pdf
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin2.pdf

Bank of England analyzing Bitcoin technology for those who missed it.

"Ultimately every transaction involving a financial asset must
be recorded and most of these records are digital. The
structure of the broader financial system is similar to
payments in that these records are held by centralised third
parties. The application of decentralised technology to this
platform of digital information could have far-reaching
implications, other industries whose products were digitised
have been reshaped by new technology. The impact of the
distributed ledger on the financial industry could be much
wider than payments."

TLDR: They still think that the blockchain tech is for digital Finance only.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: tr8kr on September 13, 2014, 04:48:58 AM

http://www.cryptocoinsnews.com/xcurrency-price-leads-privacy-centric-altcoin-rally/

Yup. Great to see the word going out.

Later today we'll release some information on how Xmixers work.

tr8kr

hero member

Activity: 661

Merit: 500

http://www.cryptocoinsnews.com/xcurrency-price-leads-privacy-centric-altcoin-rally/

tr8kr

hero member

Activity: 661

Merit: 500

Can i change the port of Xnode for stacking and run on a xnode-mixer on the same ISP IP but with the defaut port ?

If yes how to change the port in the Xcurrency.conf of the stacking wallet ?

dayandnight

full member

Activity: 140

Merit: 100

Chose XC is my best choice.XC is a real long term projrct and i will follow it!

The-C-Word

member

Activity: 100

Merit: 10

Quote from: Aladin London on September 12, 2014, 06:08:02 PM

https://bitcointalk.org/index.php?topic=637704.18060

Heh, flashbit. Always showing xc some love Grin

.

Mountaingoat

hero member

Activity: 714

Merit: 500

Quote from: Aladin London on September 12, 2014, 06:08:02 PM

https://bitcointalk.org/index.php?topic=637704.18060

Why the random link?

sugarboy321

sr. member

Activity: 361

Merit: 250

Quote from: battbot on September 12, 2014, 01:10:31 PM

Interesting...

Yahoo says it faced $250,000-a-day gov't fine for opposing NSA data demand

http://www.washingtontimes.com/news/2014/sep/12/yahoo-feds-made-us-spy-or-pay-250k-day-fines/

Yeah I saw that, so much for warrants

Aladin London

newbie

Activity: 21

Merit: 0

https://bitcointalk.org/index.php?topic=637704.18060

M1CHA3LH

newbie

Activity: 46

Merit: 0

where must i put the code in to run the xnode mixer? (-distmix-autonode)

atcsecure

hero member

Activity: 756

Merit: 500

Quote from: KimmyF on September 12, 2014, 05:35:20 PM

Seems my XMixer is working for the network but why do i pay the transaction fee?

Status: 20 confirmations
Date: 9/13/2014 00:14
Debit: -34.772461 XC
Credit: 30.732047 XC
Credit: 1.010101 XC
Credit: 1.010101 XC
Credit: 1.010101 XC
Credit: 1.010101 XC
Net amount: -0.00001 XC
Transaction ID: 9553f9c10a23aebaa8e8019a0a8ec9ae160cf6a02ecd4e765cc295673757397f

Status: 1/unconfirmed
Date: 9/13/2014 00:33
Debit: -140.997464 XC
Credit: 116.997454 XC
Credit: 6.00 XC
Credit: 6.00 XC
Credit: 6.00 XC
Credit: 6.00 XC
Net amount: -0.00001 XC
Transaction ID: 707b699417205d734eea9a0343d46b3031ca7d2d2a8a7c01aaf82e64ea9cd3a0

Yes this will change in an upcoming release

KimmyF

sr. member

Activity: 978

Merit: 250

Seems my XMixer is working for the network but why do i pay the transaction fee?

Status: 20 confirmations
Date: 9/13/2014 00:14
Debit: -34.772461 XC
Credit: 30.732047 XC
Credit: 1.010101 XC
Credit: 1.010101 XC
Credit: 1.010101 XC
Credit: 1.010101 XC
Net amount: -0.00001 XC
Transaction ID: 9553f9c10a23aebaa8e8019a0a8ec9ae160cf6a02ecd4e765cc295673757397f

Status: 1/unconfirmed
Date: 9/13/2014 00:33
Debit: -140.997464 XC
Credit: 116.997454 XC
Credit: 6.00 XC
Credit: 6.00 XC
Credit: 6.00 XC
Credit: 6.00 XC
Net amount: -0.00001 XC
Transaction ID: 707b699417205d734eea9a0343d46b3031ca7d2d2a8a7c01aaf82e64ea9cd3a0

atcsecure

hero member

Activity: 756

Merit: 500

Quote from: CryptoGretzky on September 12, 2014, 05:28:14 PM

Quote from: atcsecure on September 12, 2014, 05:20:28 PM

Quote from: CryptoGretzky on September 12, 2014, 05:06:01 PM

Quote from: atcsecure on September 12, 2014, 04:41:33 PM

Quote from: CryptoGretzky on September 12, 2014, 01:28:32 PM

Quote from: atcsecure on September 12, 2014, 10:27:27 AM

Updated Wallet for testing private transactions

http://downloads.xc-official.com/testing/XCurrency_2.48c_RCa.exe

Readme.txt

http://downloads.xc-official.com/testing/readme.txt

Dan

Hey Dan,

Tried sending more than 10XC (under 100XC) privately, but getting the error code -1. Failed to find a suitable tx. Maxium you can send is 10. The read me said 1-100XC. Is the read me incorrect or the limit hasn't been raised?

Double check your version is v0.9.2.48c_RCa.XCurrency-REV2. via help/debug window, also if your amount was more than 10, try something less than 10 just to test.

Dan

Yes, 0.9.2.48c_RCa.XCurrency-REV2. Sending 1 XC didn't give me the error.

EDIT: although it failed after a while still, it didn't give the error message immediately like sending > 10 XC.

When it gives that error about the max you can send, it is supposed indicate the largest single transaction amount. If you go into coin control and click on inputs and then tree mode, you should see a list of transactions and amounts. Its grabbing a single transaction to use as an input.

If you need a bigger amount, simply send yourself 50XC's in 1 transaction.. then you can send upto 50

Dan

Ah, I see. So, the max # of input it can use right now is one input?

Currently yes

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: atcsecure on September 12, 2014, 05:20:28 PM

Quote from: CryptoGretzky on September 12, 2014, 05:06:01 PM

Quote from: atcsecure on September 12, 2014, 04:41:33 PM

Quote from: CryptoGretzky on September 12, 2014, 01:28:32 PM

Quote from: atcsecure on September 12, 2014, 10:27:27 AM

Updated Wallet for testing private transactions

http://downloads.xc-official.com/testing/XCurrency_2.48c_RCa.exe

Readme.txt

http://downloads.xc-official.com/testing/readme.txt

Dan

Hey Dan,

Tried sending more than 10XC (under 100XC) privately, but getting the error code -1. Failed to find a suitable tx. Maxium you can send is 10. The read me said 1-100XC. Is the read me incorrect or the limit hasn't been raised?

Double check your version is v0.9.2.48c_RCa.XCurrency-REV2. via help/debug window, also if your amount was more than 10, try something less than 10 just to test.

Dan

Yes, 0.9.2.48c_RCa.XCurrency-REV2. Sending 1 XC didn't give me the error.

EDIT: although it failed after a while still, it didn't give the error message immediately like sending > 10 XC.

When it gives that error about the max you can send, it is supposed indicate the largest single transaction amount. If you go into coin control and click on inputs and then tree mode, you should see a list of transactions and amounts. Its grabbing a single transaction to use as an input.

If you need a bigger amount, simply send yourself 50XC's in 1 transaction.. then you can send upto 50

Dan

Ah, I see. So, the max # of input it can use right now is one input?

atcsecure

hero member

Activity: 756

Merit: 500

Quote from: CryptoGretzky on September 12, 2014, 05:06:01 PM

Quote from: atcsecure on September 12, 2014, 04:41:33 PM

Quote from: CryptoGretzky on September 12, 2014, 01:28:32 PM

Quote from: atcsecure on September 12, 2014, 10:27:27 AM

Updated Wallet for testing private transactions

http://downloads.xc-official.com/testing/XCurrency_2.48c_RCa.exe

Readme.txt

http://downloads.xc-official.com/testing/readme.txt

Dan

Hey Dan,

Tried sending more than 10XC (under 100XC) privately, but getting the error code -1. Failed to find a suitable tx. Maxium you can send is 10. The read me said 1-100XC. Is the read me incorrect or the limit hasn't been raised?

Double check your version is v0.9.2.48c_RCa.XCurrency-REV2. via help/debug window, also if your amount was more than 10, try something less than 10 just to test.

Dan

Yes, 0.9.2.48c_RCa.XCurrency-REV2. Sending 1 XC didn't give me the error.

EDIT: although it failed after a while still, it didn't give the error message immediately like sending > 10 XC.

When it gives that error about the max you can send, it is supposed indicate the largest single transaction amount. If you go into coin control and click on inputs and then tree mode, you should see a list of transactions and amounts. Its grabbing a single transaction to use as an input.

If you need a bigger amount, simply send yourself 50XC's in 1 transaction.. then you can send upto 50

Dan

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: atcsecure on September 12, 2014, 04:41:33 PM

Quote from: CryptoGretzky on September 12, 2014, 01:28:32 PM

Quote from: atcsecure on September 12, 2014, 10:27:27 AM

Updated Wallet for testing private transactions

http://downloads.xc-official.com/testing/XCurrency_2.48c_RCa.exe

Readme.txt

http://downloads.xc-official.com/testing/readme.txt

Dan

Hey Dan,

Tried sending more than 10XC (under 100XC) privately, but getting the error code -1. Failed to find a suitable tx. Maxium you can send is 10. The read me said 1-100XC. Is the read me incorrect or the limit hasn't been raised?

Double check your version is v0.9.2.48c_RCa.XCurrency-REV2. via help/debug window, also if your amount was more than 10, try something less than 10 just to test.

Dan

Yes, 0.9.2.48c_RCa.XCurrency-REV2. Sending 1 XC didn't give me the error.

EDIT: although it failed after a while still, it didn't give the error message immediately like sending > 10 XC.

atcsecure

hero member

Activity: 756

Merit: 500

Quote from: CryptoGretzky on September 12, 2014, 01:28:32 PM

Quote from: atcsecure on September 12, 2014, 10:27:27 AM

Updated Wallet for testing private transactions

http://downloads.xc-official.com/testing/XCurrency_2.48c_RCa.exe

Readme.txt

http://downloads.xc-official.com/testing/readme.txt

Dan

Hey Dan,

Tried sending more than 10XC (under 100XC) privately, but getting the error code -1. Failed to find a suitable tx. Maxium you can send is 10. The read me said 1-100XC. Is the read me incorrect or the limit hasn't been raised?

Double check your version is v0.9.2.48c_RCa.XCurrency-REV2. via help/debug window, also if your amount was more than 10, try something less than 10 just to test.

Dan

Minotaur26

legendary

Activity: 1092

Merit: 1000

Quote from: CryptoGretzky on September 12, 2014, 03:41:11 PM

Quote from: Minotaur26 on September 12, 2014, 03:17:40 PM

Quote from: CryptoGretzky on September 12, 2014, 03:14:53 PM

Quote from: cryptico on September 12, 2014, 03:02:30 PM

Quote from: policymaker on September 12, 2014, 02:47:07 PM

do we have an estimation of xnodes rewards on mixing? Also plz do remind me, mixers can stake as well at the same time right?

No they cannot...I think..correct me if im wrong

By definition, when they are mixing, the coins are moving around. Even if they are still "staking", unless they don't get moved for a long time, I doubt they will stake at all by the time the coins inside gets moved.

Does an xnode use its own coins to mix with users transactions?

When you say Xnode, it just means wallet right? because every wallet is an xnode. So, when you send coins out, it will send coins from its own xnode and mixes with other people's coins from xmixer to finally arrive at the destination address.

I thought you needed to have like 550XC or 1000XC to become an xnode(node with mixing capability), I also thought you needed to opt in to become an xnode. Leave your wallet open while you are an xnode so it can service the network. And finally I was wondering if the 550xc or 1000xc were used to mix with users transactions or not? Could you clarify for me if I didnt understand correctly?

Edit: I think the post above answers my question, so yes, the 1000xc of the mixing node are used to mix with users transactions. Thank you.

policymaker

full member

Activity: 210

Merit: 100

Crypto Currency Supporter

Quote from: KimmyF on September 12, 2014, 03:55:40 PM

Quote from: cryptico on September 12, 2014, 03:02:30 PM

Quote from: policymaker on September 12, 2014, 02:47:07 PM

do we have an estimation of xnodes rewards on mixing? Also plz do remind me, mixers can stake as well at the same time right?

No they cannot...I think..correct me if im wrong

Synechist answered this before:

Quote from: synechist on September 11, 2014, 01:53:51 PM

[snip]

At the moment, since your 1000 XC will be fragmenting and moving from address to address all the time, you won't be able to isolate your other balances from the coins you use for mixing.

So you'll need to keep a personal wallet.dat, and a separate wallet.dat for a mixing node.

You're right that coin-age will reset all the time, and so you won't stake your 1000 XC. It will be more profitable to use your 1000 XC to trustlessly forward transactions.

I don't have figures on what the revenues will be at this stage. We'll release those details soon.

ty very much!

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 382. (Read 1484248 times)