[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 76.

battbot

hero member

Activity: 616

Merit: 500

Quote from: synechist on October 28, 2014, 12:38:21 PM

Quote from: reebokasss on October 28, 2014, 12:31:29 PM

"No more than 20% of the available tokens (2,000,000) will be purchasable using altcoins. The remaining 80% will
be purchasable using BTC on Bittrex, Bter, and Poloniex."

why only 20% can be purchased using altcoins?

Because holding more than 20% of a high-risk asset can threaten the viability of a project.

It's important to ensure that the Blocknet has the funding to succeed. Imagine investors' money didn't go the distance?

Ya, it would be foolish to hold only altcoins that, generally, have terrible liquidity. Selling to fund development would crash the price. I think the 80/20 split is a wise compromise.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: reebokasss on October 28, 2014, 12:31:29 PM

"No more than 20% of the available tokens (2,000,000) will be purchasable using altcoins. The remaining 80% will
be purchasable using BTC on Bittrex, Bter, and Poloniex."

why only 20% can be purchased using altcoins?

Because holding more than 20% of a high-risk asset can threaten the viability of a project.

It's important to ensure that the Blocknet has the funding to succeed. Imagine investors' money didn't go the distance?

battbot

hero member

Activity: 616

Merit: 500

If you have time, can you explain, or give an example of how this will work:

"Token supply per coin will initially be allocated based on market cap, and adjusted manually if demand necessitates
it."

battbot

hero member

Activity: 616

Merit: 500

Quote from: synechist on October 28, 2014, 12:32:22 PM

Quote from: battbot on October 28, 2014, 12:23:02 PM

Is XCurrency no longer planning it's own decentralized exchange as was once reflected on the timeline?

Is XCurrency no longer planning cloud storage as reflected on the timeline?

Where've you been Battbot? This has all been discussed in detail here.

Yes we are still planning cloud storage.

Regarding the exchange, can someone please haul out my response to Cryptico? I'm on a bus.

I haven't read the forums that much lately. Haha, my apologies if they have already been discussed.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: battbot on October 28, 2014, 12:23:02 PM

Is XCurrency no longer planning it's own decentralized exchange as was once reflected on the timeline?

Is XCurrency no longer planning cloud storage as reflected on the timeline?

Where've you been Battbot? This has all been discussed in detail here.

Yes we are still planning cloud storage.

Regarding the exchange, can someone please haul out my response to Cryptico? I'm on a bus.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote from: battbot on October 28, 2014, 12:30:53 PM

Quote from: synechist on October 28, 2014, 12:28:50 PM

Quote from: battbot on October 28, 2014, 12:23:02 PM

Reading that PDF makes BlockNET & it's project schedule sound like the creation of a new digital currency, to be honest. It sounds like BlockNET aims to accomplish in large part what XCurrency always aimed to accomplish.

In light of this -- how will BlockNET conflict with XCurrency & XC Inc?

It sounds like a typical tech project's development plan.

I don't get how any of this makes it look like its function overlaps with XC's. I mean, we've been over all this in immense detail already.

What could possibly be new here? Nothing.

Is XCurrency no longer planning it's own decentralized exchange as was once reflected on the timeline?

Is XCurrency no longer planning cloud storage as reflected on the timeline?

Because I see all these items on the BlockNET now. I see value that was planned to be implemented into XC now being transferred over to the BlockNET.

Quote

Why come here and spread your baseless claims?

If you can't see that the development team is basically moving all their focus into BlockNET and fail to understand how that effects XC then I don't know what to tell you. Development time will follow the money. The money will be in the BlockNET

I've heard assertations that development will not slow down for XC. However I've heard no practical reasons on how Dan dividing his time between XC which is already behind and a new "build the web of blockchains" project will not slow down his current development project.

reebokasss

sr. member

Activity: 364

Merit: 250

"No more than 20% of the available tokens (2,000,000) will be purchasable using altcoins. The remaining 80% will
be purchasable using BTC on Bittrex, Bter, and Poloniex."

why only 20% can be purchased using altcoins?

battbot

hero member

Activity: 616

Merit: 500

Quote from: synechist on October 28, 2014, 12:28:50 PM

Quote from: battbot on October 28, 2014, 12:23:02 PM

Reading that PDF makes BlockNET & it's project schedule sound like the creation of a new digital currency, to be honest. It sounds like BlockNET aims to accomplish in large part what XCurrency always aimed to accomplish.

In light of this -- how will BlockNET conflict with XCurrency & XC Inc?

It sounds like a typical tech project's development plan.

I don't get how any of this makes it look like its function overlaps with XC's. I mean, we've been over all this in immense detail already.

What could possibly be new here? Nothing.

Is XCurrency no longer planning it's own decentralized exchange as was once reflected on the timeline?

Is XCurrency no longer planning cloud storage as reflected on the timeline?

Because I see all these items on the BlockNET now.

Black Mamba

hero member

Activity: 656

Merit: 500

Don't Trust Words

Bought some XC!

Let's enjoy the show Grin

demgains

full member

Activity: 196

Merit: 100

Quote from: UnicornFarts on October 28, 2014, 12:14:30 PM

Quote

i guessed you missed the part where development has already begun for the Blocknet

Dude. It's easy to create a 'hello world' program in your target language and say "development has begun". I'm just fishing for substance which is incredibly lacking in these PR releases

wait I'm confused, you replied to a post about the ongoing development of XC claiming the blocknet would slow down the coins development. I said you probably are not even an XC investor (based on your post history and fudding all of the other XC related topics) so why are you even here talking about it? If you want PR info on blocknet, go to the respected thread where it is discussed. Why come here and spread your baseless claims? Why do you care about XC and its on going development?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: battbot on October 28, 2014, 12:23:02 PM

Reading that PDF makes BlockNET & it's project schedule sound like the creation of a new digital currency, to be honest. It sounds like BlockNET aims to accomplish in large part what XCurrency always aimed to accomplish.

In light of this -- how will BlockNET conflict with XCurrency & XC Inc?

It sounds like a typical tech project's development plan.

I don't get how any of this makes it look like its function overlaps with XC's. I mean, we've been over all this in immense detail already.

What could possibly be new here? Nothing.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote from: battbot on October 28, 2014, 12:23:02 PM

Reading that PDF makes BlockNET & it's project schedule sound like the creation of a new digital currency, to be honest. It sounds like BlockNET aims to accomplish in large part what XCurrency always aimed to accomplish.

In light of this -- how will BlockNET conflict with XCurrency & XC Inc?

Quote

No more than 20% of the available tokens (2,000,000) will be purchasable using altcoins. The remaining 80% will be purchasable using BTC on Bittrex, Bter, and Poloniex.

battbot

hero member

Activity: 616

Merit: 500

Reading that PDF makes BlockNET & it's project schedule sound like the creation of a new digital currency, to be honest. It sounds like BlockNET aims to accomplish in large part what XCurrency always aimed to accomplish.

In light of this -- how will BlockNET conflict with XCurrency & XC Inc?

Is XCurrency no longer planning it's own decentralized exchange as was once reflected on the timeline?

Is XCurrency no longer planning cloud storage as reflected on the timeline?

Because I see all these items on the BlockNET now.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote

i guessed you missed the part where development has already begun for the Blocknet

Dude. It's easy to create a 'hello world' program in your target language and say "development has begun". I'm just fishing for substance which is incredibly lacking in these PR releases

UnicornFarts

full member

Activity: 154

Merit: 100

Quote

Nope. Incorrect.

Now stop fudding and leave please.

I read thru the paper you posted. I still don't see resources who will be developing blocknet. Can you state who will be doing the lions share of the work on the blocknet?

demgains

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

Quote

XC's website is in the process of being updated, actually a major over-haul and that doesn't happen over night. It takes time to do it right and have it align with XC's future roadmap.

Development on XC hasn't stopped nor is it stopping, we are CURRENTLY working on the updated UI for the desktop app, and adding in stealth address support.

Dan

Not trying to offend anyone. But in light of the ambitious Blocknet project that needs to be worth a million bucks for investors to break even - I think the probability of "not slowing down" actually being true is 0.

i guessed you missed the part where development has already begun for the Blocknet and its been going for sometime now... and anyone who frequents the XC thread regularly will be able to tell you that they are still releasing new tech, fixes, updates, news etc. People start to panick when communities go silent, devs become ghosts and no updates have been made in weeks. This is far from XC's case and if Dan continues to publish a few new updates each week, no one will really care. I doubt you are even an investor for XC so why do you even care about this?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

The Blocknet: budget, development plans and accountability measures:

Download now!

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: ?? on ??

Quote

XC's website is in the process of being updated, actually a major over-haul and that doesn't happen over night. It takes time to do it right and have it align with XC's future roadmap.

Development on XC hasn't stopped nor is it stopping, we are CURRENTLY working on the updated UI for the desktop app, and adding in stealth address support.

Dan

Not trying to offend anyone. But in light of the ambitious Blocknet project that ~~needs to be worth a million bucks for investors to break even~~ - I think the probability of "not slowing down" actually being true is 0.

Nope. Incorrect.

Now stop fudding and leave please.

GameStarter

full member

Activity: 214

Merit: 100

Quote from: atcsecure on October 28, 2014, 11:38:40 AM

Quote from: ?? on ??

Quote

Umm... Dan yesterday fixed issue with Mac wallet and today released a test of the android app. What more do you want?

They still can't even update the horrible XC website. Meanwhile they've moved on to dumping money / resources overnight into blocknet website.

Expect development on XC now that it isn't the dev cashcow (pre-mine is gone) to come to a standstill.

XC website - http://xc-official.com/

Blocknet website - http://theblocknet.com/

XC's website is in the process of being updated, actually a major over-haul and that doesn't happen over night. It takes time to do it right and have it align with XC's future roadmap.

Development on XC hasn't stopped nor is it stopping, we are CURRENTLY working on the updated UI for the desktop app, and adding in stealth address support.

Dan

Nice update Dan thanks.

landcrab

newbie

Activity: 39

Merit: 0

Quote from: atcsecure on October 28, 2014, 11:38:40 AM

Quote from: ?? on ??

Quote

Umm... Dan yesterday fixed issue with Mac wallet and today released a test of the android app. What more do you want?

They still can't even update the horrible XC website. Meanwhile they've moved on to dumping money / resources overnight into blocknet website.

Expect development on XC now that it isn't the dev cashcow (pre-mine is gone) to come to a standstill.

XC website - http://xc-official.com/

Blocknet website - http://theblocknet.com/

XC's website is in the process of being updated, actually a major over-haul and that doesn't happen over night. It takes time to do it right and have it align with XC's future roadmap.

Development on XC hasn't stopped nor is it stopping, we are CURRENTLY working on the updated UI for the desktop app, and adding in stealth address support.

Dan

+1

People following the development of the XC project even casually should be aware of these facts.

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 76. (Read 1484218 times)