[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 391.

laredo7mm

hero member

Activity: 1498

Merit: 537

Quote from: Mountaingoat on September 11, 2014, 09:00:59 AM

Please tell us the time is will be released.

What kind of miner works for the Multipool and does it generate profit?

You will see the update by 6:00am your time (GMT +2) on September 16th.

Go to the multipool page and take a look all the information about miners is there. No one can answer your question about profitability without knowing your local electric cost.

Dungor

full member

Activity: 178

Merit: 100

Could one theoretically use XCurrency as an escrow to anonymously transfer bitcoins?
More specifically build an app on top of XC like QiBuck but with the purpose of mixing bitcoins, preferably having the mixing pool pooled from multiple shares? This is maybe a bit meta, but building a bitcoin wallet on-top of the XCwallet platform that could serve as a dark wallet?

Mountaingoat

hero member

Activity: 714

Merit: 500

Quote from: synechist on September 11, 2014, 08:39:00 AM

For those who are catching up:

4 days until #XCurrency releases its #coinjoinkiller, the finalised Rev 2!
#XC #privacy #tech #leader

Twitter: https://twitter.com/XCurrency/status/510056503861329920
Facebook: https://www.facebook.com/XCurrency?fref=ts

- The XC Multipool is working wonderfully and is in its final stages of beta.
- Rent a miner and try it out!

- There may be an updated test release of the finalised Rev 2 today.

Please tell us the time is will be released.

What kind of miner works for the Multipool and does it generate profit?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Profetu on September 11, 2014, 08:42:33 AM

no one will risk his life using a anonymous platform without it being open source code. Still until the final release we can't have any pretensions. Slow and steady is fine by me.

Well said. XC's price should increase steadily as people realise just how significant its tech is. After that, when we release the code it may increase pretty quickly.

But the real increase will come when people realise that XC is headed straight for mainstream adoption. We'll have top-notch mobile chat, a distributed content server, and all the other stuff on the timeline. There are several markets ripe for what XC is bringing out.

Profetu

full member

Activity: 204

Merit: 100

Quote from: infazan on September 11, 2014, 08:31:23 AM

why the price increase?

Why not? We still trail behind Monero and BTCD which somehow have bigger marketcaps and daily volumes both on and off blockchain. Maybe they have bigger communities I'm not sure as I don't follow them. But the next update might bring us closer to them and the release of the mobile wallet will be a killer IMO. A big problem is no one will risk his life using a anonymous platform without it being open source code. Still until the final release we can't have any pretensions. Slow and steady is fine by me.

"- There may be an updated test release of the finalized Rev 2 today." Cool !

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: infazan on September 11, 2014, 08:31:23 AM

why the price increase?

The better question is who was crazy enough to dump it to this low in the first place.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

For those who are catching up:

4 days until #XCurrency releases its #coinjoinkiller, the finalised Rev 2!
#XC #privacy #tech #leader

Twitter: https://twitter.com/XCurrency/status/510056503861329920
Facebook: https://www.facebook.com/XCurrency?fref=ts

- The XC Multipool is working wonderfully and is in its final stages of beta.
- Rent a miner and try it out!

- There may be an updated test release of the finalised Rev 2 today.

Mountaingoat

hero member

Activity: 714

Merit: 500

Quote from: infazan on September 11, 2014, 08:31:23 AM

why the price increase?

Probably because REV 2 is closing in and people still want to get cheap XC before it is too late.

infazan

hero member

Activity: 538

Merit: 502

why the price increase?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Hey folks, a tweet:

"Thank you #Xcurrency community for your @keepod donations last week! $38.14 - Can you do it again?

XXkc4jMGMcVF3Jt65ip9QKg6bAqmkb6JUX"

I reckon we can do a whole lot better than £38.14.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Dungor on September 11, 2014, 07:09:37 AM

Quote from: synechist on September 11, 2014, 06:49:37 AM

Quote from: leigh2k14 on September 11, 2014, 06:06:17 AM

Quote from: synechist on September 11, 2014, 04:43:11 AM

Quote from: Artoodeetoo on September 11, 2014, 04:31:45 AM

I think you should keep it constant mate.. 1000 makes sense to me, keep it a round number and incentivise holding a reasonable number of coins...

Liking the OP.

Indeed. My guess is that it'll stay 1000 for a while. There's no obvious reason to change it.

Glad you like the OP. :-)

I liked the old figure of 550 XC, it would give people with less XC a chance to earn too, plus it would equal more nodes.

You're right, it would allow more people to run a mixer node.

On the other hand, putting the minimum balance at 1000 effectively means:

Buy XC now while you can afford it!

In addition, I reckon that the factor that'll drive the setting up of more nodes is primarily the renumeration they provide, not the minimum balance. If the income is worth it, then since people generally have the ability to buy 1000 XC, they'll do so.

And the higher minimum is good for XC's price, so I reckon 1000 XC is a good bet for now. We will, of course, gauge the response. The amount isn't final.

The size of the pool must support that the fee charged will cover the electrical bill of keeping it running 24/7. Therefore especially in the early years this barrier to entry will create a oligopolistic market situation that incentives or in plain English keeps running a mixer profitable. Over time the cap can be loosened to let the market adjust this, maybe even at some point rather than a minimum cap a maximum cap should be placed to keep the mixers decentralized but the price would have to go up substantially first.

I like the way you think Dungor.

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: leigh2k14 on September 11, 2014, 07:21:11 AM

Quote from: synechist on September 11, 2014, 06:49:37 AM

Quote from: leigh2k14 on September 11, 2014, 06:06:17 AM

Quote from: synechist on September 11, 2014, 04:43:11 AM

Quote from: Artoodeetoo on September 11, 2014, 04:31:45 AM

I think you should keep it constant mate.. 1000 makes sense to me, keep it a round number and incentivise holding a reasonable number of coins...

Liking the OP.

Indeed. My guess is that it'll stay 1000 for a while. There's no obvious reason to change it.

Glad you like the OP. :-)

I liked the old figure of 550 XC, it would give people with less XC a chance to earn too, plus it would equal more nodes.

You're right, it would allow more people to run a mixer node.

On the other hand, putting the minimum balance at 1000 effectively means:

Buy XC now while you can afford it!

In addition, I reckon that the factor that'll drive the setting up of more nodes is primarily the renumeration they provide, not the minimum balance. If the income is worth it, then since people generally have the ability to buy 1000 XC, they'll do so.

And the higher minimum is good for XC's price, so I reckon 1000 XC is a good bet for now. We will, of course, gauge the response. The amount isn't final.

Keep at 1000 for now and see how much demand and what sort of profits can be made, then decide:)

1000 sounds like a decent number. You need mixers with that much coins so that # of input can be within a reasonable size if you want send a large amount of XC around. Can you imagine if you want to send say 100k XC and all the nodes are only at 500? The transaction will need a HUGE # of inputs to mix that many coins I would think.... Each input in the blockchain will take up around 100 bytes... Most of the times, the # of out output is greater than the input, so... we might need some mixers that have larger amounts of XC in there to help with moving large transactions. Maybe bonus fees for mixers with higher XC in there.

leigh2k14

legendary

Activity: 1288

Merit: 1000

Quote from: synechist on September 11, 2014, 06:49:37 AM

Quote from: leigh2k14 on September 11, 2014, 06:06:17 AM

Quote from: synechist on September 11, 2014, 04:43:11 AM

Quote from: Artoodeetoo on September 11, 2014, 04:31:45 AM

I think you should keep it constant mate.. 1000 makes sense to me, keep it a round number and incentivise holding a reasonable number of coins...

Liking the OP.

Indeed. My guess is that it'll stay 1000 for a while. There's no obvious reason to change it.

Glad you like the OP. :-)

I liked the old figure of 550 XC, it would give people with less XC a chance to earn too, plus it would equal more nodes.

You're right, it would allow more people to run a mixer node.

On the other hand, putting the minimum balance at 1000 effectively means:

Buy XC now while you can afford it!

In addition, I reckon that the factor that'll drive the setting up of more nodes is primarily the renumeration they provide, not the minimum balance. If the income is worth it, then since people generally have the ability to buy 1000 XC, they'll do so.

And the higher minimum is good for XC's price, so I reckon 1000 XC is a good bet for now. We will, of course, gauge the response. The amount isn't final.

Keep at 1000 for now and see how much demand and what sort of profits can be made, then decide:)

Dungor

full member

Activity: 178

Merit: 100

Quote from: synechist on September 11, 2014, 06:49:37 AM

Quote from: leigh2k14 on September 11, 2014, 06:06:17 AM

Quote from: synechist on September 11, 2014, 04:43:11 AM

Quote from: Artoodeetoo on September 11, 2014, 04:31:45 AM

I think you should keep it constant mate.. 1000 makes sense to me, keep it a round number and incentivise holding a reasonable number of coins...

Liking the OP.

Indeed. My guess is that it'll stay 1000 for a while. There's no obvious reason to change it.

Glad you like the OP. :-)

I liked the old figure of 550 XC, it would give people with less XC a chance to earn too, plus it would equal more nodes.

You're right, it would allow more people to run a mixer node.

On the other hand, putting the minimum balance at 1000 effectively means:

Buy XC now while you can afford it!

In addition, I reckon that the factor that'll drive the setting up of more nodes is primarily the renumeration they provide, not the minimum balance. If the income is worth it, then since people generally have the ability to buy 1000 XC, they'll do so.

And the higher minimum is good for XC's price, so I reckon 1000 XC is a good bet for now. We will, of course, gauge the response. The amount isn't final.

The size of the pool must support that the fee charged will cover the electrical bill of keeping it running 24/7. Therefore especially in the early years this barrier to entry will create a oligopolistic market situation that incentives or in plain English keeps running a mixer profitable. Over time the cap can be loosened to let the market adjust this, maybe even at some point rather than a minimum cap a maximum cap should be placed to keep the mixers decentralized but the price would have to go up substantially first.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: leigh2k14 on September 11, 2014, 06:06:17 AM

Quote from: synechist on September 11, 2014, 04:43:11 AM

Quote from: Artoodeetoo on September 11, 2014, 04:31:45 AM

I think you should keep it constant mate.. 1000 makes sense to me, keep it a round number and incentivise holding a reasonable number of coins...

Liking the OP.

Indeed. My guess is that it'll stay 1000 for a while. There's no obvious reason to change it.

Glad you like the OP. :-)

I liked the old figure of 550 XC, it would give people with less XC a chance to earn too, plus it would equal more nodes.

You're right, it would allow more people to run a mixer node.

On the other hand, putting the minimum balance at 1000 effectively means:

Buy XC now while you can afford it!

In addition, I reckon that the factor that'll drive the setting up of more nodes is primarily the renumeration they provide, not the minimum balance. If the income is worth it, then since people generally have the ability to buy 1000 XC, they'll do so.

And the higher minimum is good for XC's price, so I reckon 1000 XC is a good bet for now. We will, of course, gauge the response. The amount isn't final.

leigh2k14

legendary

Activity: 1288

Merit: 1000

Quote from: synechist on September 11, 2014, 04:43:11 AM

Quote from: Artoodeetoo on September 11, 2014, 04:31:45 AM

I think you should keep it constant mate.. 1000 makes sense to me, keep it a round number and incentivise holding a reasonable number of coins...

Liking the OP.

Indeed. My guess is that it'll stay 1000 for a while. There's no obvious reason to change it.

Glad you like the OP. :-)

I liked the old figure of 550 XC, it would give people with less XC a chance to earn too, plus it would equal more nodes.

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: synechist on September 11, 2014, 05:18:06 AM

Quote from: Herbix on September 11, 2014, 05:13:35 AM

It's great to see new OP

Synechist, would it be possible to update the op every time as new wallet releases come available with the new features? Would be nice to see those yellow balloons pop into green phase in real time during releases and progress

It's really nice to see mobile wallets released before rev 3 too, has the work on those already begun?

Yeah that should be possible.

When things get delayed is when larger changes are necessary, because then I have to re-slice everything and hand-write the bbcode. And Bitcointalk is idiosyncratic at best in handling hyperlinked images, so it takes ages.

Small changes like that should be easy.

You can expect updates on mobile wallet development before too long. ;-)

I sense a surprise. Wink

I need more XC....

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Dungor on September 11, 2014, 05:16:34 AM

Quote from: synechist on September 11, 2014, 04:25:28 AM

Quote from: aragoon on September 11, 2014, 01:07:33 AM

Following on from yesterday's moment of madness about a new internet free of corps.

http://bitcoinmagazine.com/15919/completely-decentralize-internet/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinMagazine+%28Bitcoin+Magazine%29

Grin

Here's the gist of it, as far as physical infrastructure is concerned:

Meshnets:
"Laying cable lines is rather expensive; we would have to unearth concrete and pavement each time someone moved and lines needed to be moved or upgraded. As wireless technology advances, however, the price of powerful WiFi routers will reach a point where they can effectively replace copper wires for the middle class in relatively urban areas. Instead of connecting to a modem installed by your Internet service provider, these routers connect directly to each other, or to long-range routers designed to reach past unpopulated terrain where no users live."

Or even better, rather than only wifi also use cell-phone masts essentially making every cell-phone a content broadcaster. If only an altcoin project was working on an app that targeted a service everyone use their phone for, making that service free to ensure wide adoption and then used that adoption to create a platform where each phone in a network could broadcast content.
Making the app connect to wifi where available by a blockchain based protocol that with encryption protected the owner of the wifi-router against knowing what content users were looking at and broadcasting, thus legally shielding him.
The developer of such app should preferably be someone who has experience within the field of loss-less wireless data transfer and mobile broadcast with military security. But who could that be?

Sneaky.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Herbix on September 11, 2014, 05:13:35 AM

It's great to see new OP

Synechist, would it be possible to update the op every time as new wallet releases come available with the new features? Would be nice to see those yellow balloons pop into green phase in real time during releases and progress

It's really nice to see mobile wallets released before rev 3 too, has the work on those already begun?

Yeah that should be possible.

When things get delayed is when larger changes are necessary, because then I have to re-slice everything and hand-write the bbcode. And Bitcointalk is idiosyncratic at best in handling hyperlinked images, so it takes ages.

Small changes like that should be easy.

You can expect updates on mobile wallet development before too long. ;-)

Dungor

full member

Activity: 178

Merit: 100

Quote from: synechist on September 11, 2014, 04:25:28 AM

Quote from: aragoon on September 11, 2014, 01:07:33 AM

Following on from yesterday's moment of madness about a new internet free of corps.

http://bitcoinmagazine.com/15919/completely-decentralize-internet/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinMagazine+%28Bitcoin+Magazine%29

Grin

Here's the gist of it, as far as physical infrastructure is concerned:

Meshnets:
"Laying cable lines is rather expensive; we would have to unearth concrete and pavement each time someone moved and lines needed to be moved or upgraded. As wireless technology advances, however, the price of powerful WiFi routers will reach a point where they can effectively replace copper wires for the middle class in relatively urban areas. Instead of connecting to a modem installed by your Internet service provider, these routers connect directly to each other, or to long-range routers designed to reach past unpopulated terrain where no users live."

Or even better, rather than only wifi also use cell-phone masts essentially making every cell-phone a content broadcaster. If only an altcoin project was working on an app that targeted a service everyone use their phone for, making that service free to ensure wide adoption and then used that adoption to create a platform where each phone in a network could broadcast content.
Making the app connect to wifi where available by a blockchain based protocol that with encryption protected the owner of the wifi-router against knowing what content users were looking at and broadcasting, thus legally shielding him.
The developer of such app should preferably be someone who has experience within the field of loss-less wireless data transfer and mobile broadcast with military security. But who could that be?

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 391. (Read 1484248 times)