Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 738. (Read 1484248 times)

Well done great job!  

Synech Today you are in Full on Badass Ninja Mode

The Dev I mentioned is the Dev Jasin talked about (moustache), wasn't talking about XC at all.

Why is his post automatically taken as FUD? Seems like a valid concern simply due to association. I wouldn't mind some clarification. Even though these are completely separate projects, it is true that it looks bad having any member of the team seen in bad lighting. Why does him having support for another coin have any baring on a valid concern? Does this mean I am not welcome here because I hold DRK and XMR?

Thanks for the information.

The thread heard about Jasin's ASIC project yesterday and a link to the litecoin thread was posted too.

No doubt this will affect XC.

However:

- These projects operate completely independently of each other, thus XC isn't affected by the ASIC developer who ran off.

- Jasin is a businessman with several ventures, which is entirely the norm. It's not reasonable to assume he was diluting his energies by getting involved in other projects.

- If you read the Litcoin thread, you'll see that Jasin's reason for not disclosing information to you earlier is that he did not want to spook the developer before he could get the funds back from him.

- Jasin has been frank, apologetic, and has remained in communication on the Litecoin thread.

- Jasin's reputation incentivises him to defend it and make amends.


So in my opinion the ASIC situation is unfortunate, but does not impinge on Jasin's character.

Not in this thread though.   This is the XC thread.

Even if he is a DRK supporter... I think he raises issues (whether true or false) that need to be addressed with transparency by jasinlee.

I can't help but noticed that you are a major DRK coin supporter from your posts....   The lead developer of this coin is Dan (atcsecure), so GTFO with your lame attempt to FUD.

I though XC price is never going to touch the 0.00120000 again but what do I know.

This is AMAZING well done!!! With this new beautifully informative OP it would be a shame for the link to it on http://www.reddit.com/r/XCofficialreddit/ to continue to land on https://bitcointalk.org/index.php?topic=630547.140

+1 The new OP is great!  Need to post that everywhere and share for the world to see. 

The "undisclosed" privacy feature definitely peaked my interest as well.

Ahh, I see.  Either way, the new OP is amazing.  Thanks for your hard work sir!

And I'm curious as to what the "undisclosed" privacy feature of REV2 is...

HERO! I'm starting to fall in love

A minor increase in resolution might be possible. However, if you increase by much more, then Bitcointalk starts autosizing each slice, to chaotic effect.


Either way, the entire OP can be downloaded and then the text is vectorised, so people can copy/paste.

Such ENVY for people that have BTCs to buy at those prices

Hey all,

Not an attempt to hijack the thread or anything, but what Jasin has said regarding the ASIC project isn't quite the whole truth here. I think it's pertinent to your coin, because he's listed as a co-developer on your site.

Just some background:

Jasin started his ASIC business basically putting his reputation on the line as "collateral". Many of us liked what he said and in the beginning it seemed as good as you could hope to get on something as risky as an ASIC pre-order.

Throughout the past 6 months or so, for the most part it was going well, Jasin claimed to be able to match competitors hash rates, etc., but kept any information very close to his vest. But, while not disclosing any concrete information, he definitely was hyping the company and projects (teams of devs, customer service reps, etc.) on both the ASIC project but the "high frequency trading" exchange that was supposedly being built.

I would say around May the red flags started to show up. More promises, no real information. People started to question his dedication to the ASIC project as his presence was more and more being seen on the XC thread and another coin. At some point, there was a promised mid-June update on the ASICs. Around the same time, some red flags began to appear such as less responses from Jasin and things like one of the Fibonacci "trusted hosts" selling his ASIC shares at about 50% off. Other minor things such as Jasin claiming developers are working full-time and the developer himself admitting to have a full-time job.

Needless to say, a mid-June update never happened while Jasin tells his customers "ASIC is my priority"... a month passes, all Jasin is saying is "i'm waiting like you guys for information". Which raises more red flags. Then, about mid July, Jasin reveals he's completely outsourced the ASIC project and gives a vague response about it being stuck in "testing". Someone knowledgeable posted some questions about that statement and what the state of the project actually is. Jasin continues to ignore these questions.

Now we have the "rogue developer" issue. What is unsaid above is that this guy apparently has run off with coins, which for some bizarre reason he had access too ("he was a friend/partner").

Still no answers on the state of the actual project.

This guy not only solicited purchases for ASICs but also sold profit-shares to his "business". I think it's in the millions of dollars range.

With that said, why am i here? Well, 2 reasons. First, maybe you guys can pressure him into coming clean to his customers. At this point, most people just want the truth. It really boils down to what's right and wrong now.

Also, if this continue to go south, there likely would be some ramifications to the association with XC.

Of course the above is taken from my perspective, if you're at all interested, i'd suggest reading the thread over at LTCtalk and you guys can make your own conclusions: https://litecointalk.org/index.php?topic=2702.0

XC ON A MISSION

thanks synechist! its a beautiful OP! <3
maybe a little bigger font?

Arlyn worked his ass off on updating that OP. Nice work.