[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 798.

massivemark

newbie

Activity: 15

Merit: 0

Quote from: synechist on July 17, 2014, 04:36:30 PM

Quote from: BrewCrewFan on July 17, 2014, 04:28:26 PM

Quote from: massivemark on July 17, 2014, 04:12:59 PM

Quote from: synechist on July 17, 2014, 04:11:47 PM

Quote from: massivemark on July 17, 2014, 04:06:48 PM

just as a test i put 26 xc from cryptsy to my osx wallet. took me 2 minutes and 28 seconds. WAUW! but my walley says; not minting because you dont have mature coins, what does this mean? thx

You need to wait for a certain number of confirmations of the payment on the network before your coins are mature.

I can't remember how many, or how long this takes. Anyone here know?

and what does mature and minting mean? thx for your awnser

mature means how many ticks later a coin will "mature"... some need 50, others much higher or lower... all depends on the coin. Until the set number is reached the coins that were transferred are not "mature".

Minting is the process whereby new coins are created in XC. 3.33% more coins are created each year. They're created in the wallets of users who leave their wallets running so that they can "stake".

Once coins are created, it's still possible that a different wallet will process transactions in such a way as to leave out the coins you've just earned; this record of the blockchain will compete against yours as different nodes accept either your or the other wallet's version. Whichever version gets the majority wins out and all the nodes have to accept it. For this reason you can't spend coins for a while - until it's certain that your coins are well established in the blockchain.

is it true that the more coins i have in my wallet, the more chance i have of earning coins?

cryptico

hero member

Activity: 700

Merit: 500

Quote from: synechist on July 17, 2014, 03:09:38 PM

Quote from: cryptico on July 17, 2014, 03:03:27 PM

Quote from: synechist on July 17, 2014, 02:56:17 PM

Lastly, whenever I pay someone, I specify that change is sent to an address I've already backed up the private key of. Otherwise, the wallet will create a new address for the change and I'll have to make a new backup of its private key. Always remember this last thing, or you'll lose coins at some point.

What does this mean?

When you make a payment, you pay from an address in your wallet.

If the amount paid is smaller than the amount held at an address, the remaining amount in the address is sent to a new address called a "change" address.

The change address will be created when the transaction is created.

Since it's a new address, you won't have a backup of its private key yet.

If you make a lot of payments, the next thing you know, you'll have 20 change addresses hanging around in your wallet.

If your wallet is lost/corrupted/whatever, you have no backup of the coins held at those change addresses.

Therefore when you make a payment, specify that the change is sent to an existing address in your wallet.

Use coin control to do so.

How-to: http://www.xc-official.com/wallet/

Ok I'll look at that thank you. did not know this at all. Does it mean that after a certain amount of transactions withouth Coin control your wallet.dat file will not work anymore when you put it in another computer?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: BrewCrewFan on July 17, 2014, 04:28:26 PM

Quote from: massivemark on July 17, 2014, 04:12:59 PM

Quote from: synechist on July 17, 2014, 04:11:47 PM

Quote from: massivemark on July 17, 2014, 04:06:48 PM

just as a test i put 26 xc from cryptsy to my osx wallet. took me 2 minutes and 28 seconds. WAUW! but my walley says; not minting because you dont have mature coins, what does this mean? thx

You need to wait for a certain number of confirmations of the payment on the network before your coins are mature.

I can't remember how many, or how long this takes. Anyone here know?

and what does mature and minting mean? thx for your awnser

mature means how many ticks later a coin will "mature"... some need 50, others much higher or lower... all depends on the coin. Until the set number is reached the coins that were transferred are not "mature".

Minting is the process whereby new coins are created in XC. 3.33% more coins are created each year. They're created in the wallets of users who leave their wallets running so that they can "stake".

Once coins are created, it's still possible that a different wallet will process transactions in such a way as to leave out the coins you've just earned; this record of the blockchain will compete against yours as different nodes accept either your or the other wallet's version. Whichever version gets the majority wins out and all the nodes have to accept it. For this reason you can't spend coins for a while - until it's certain that your coins are well established in the blockchain.

btell

member

Activity: 119

Merit: 10

Quote from: dannyspk on July 17, 2014, 03:24:31 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

If you're talking about last 24 hrs, we've seen 12.63% up

XC price is normal, but 24h exchange volumes are decreasing again. Anxiety...

Poloniex volumes DRK/XC = 7.516/2.568, mintpal volumes DRK/XC = 684.069/59.180.

Can you explain why people trust in DRK more? Indeed Evan Duffield has opened the sources?! Nor he has hypnotic abilities to make people zombies?

BrewCrewFan

hero member

Activity: 672

Merit: 501

Quote from: massivemark on July 17, 2014, 04:12:59 PM

Quote from: synechist on July 17, 2014, 04:11:47 PM

Quote from: massivemark on July 17, 2014, 04:06:48 PM

just as a test i put 26 xc from cryptsy to my osx wallet. took me 2 minutes and 28 seconds. WAUW! but my walley says; not minting because you dont have mature coins, what does this mean? thx

You need to wait for a certain number of confirmations of the payment on the network before your coins are mature.

I can't remember how many, or how long this takes. Anyone here know?

and what does mature and minting mean? thx for your awnser

mature means how many ticks later a coin will "mature"... some need 50, others much higher or lower... all depends on the coin. Until the set number is reached the coins that were transferred are not "mature".

phosphorush

hero member

Activity: 503

Merit: 500

adn teh full release of REV 2? any word?

battbot

hero member

Activity: 616

Merit: 500

Quote from: Teka on July 17, 2014, 04:06:16 PM

Quote from: dannyspk on July 17, 2014, 03:49:30 PM

Ideal strategy in my opinion. I was thinking about that earlier and I'd like to know about that. Who decides on strategic moves as you move closer to the official launch? Also, how do you guys work as a team? Is it decentralized as your product? Wink

Physical locations wise, yes. Communication wise, not yet. Basically everyone feedbacks on everything within the team.

Let's acquire an XCurrency headquarters building somewhere and relocate the team there. If we gon do it den we gon do it big den!

massivemark

newbie

Activity: 15

Merit: 0

Quote from: synechist on July 17, 2014, 04:11:47 PM

Quote from: massivemark on July 17, 2014, 04:06:48 PM

just as a test i put 26 xc from cryptsy to my osx wallet. took me 2 minutes and 28 seconds. WAUW! but my walley says; not minting because you dont have mature coins, what does this mean? thx

You need to wait for a certain number of confirmations of the payment on the network before your coins are mature.

I can't remember how many, or how long this takes. Anyone here know?

and what does mature and minting mean? thx for your awnser

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: massivemark on July 17, 2014, 04:06:48 PM

just as a test i put 26 xc from cryptsy to my osx wallet. took me 2 minutes and 28 seconds. WAUW! but my walley says; not minting because you dont have mature coins, what does this mean? thx

You need to wait for a certain number of confirmations of the payment on the network before your coins are mature.

I can't remember how many, or how long this takes. Anyone here know?

massivemark

newbie

Activity: 15

Merit: 0

just as a test i put 26 xc from cryptsy to my osx wallet. took me 2 minutes and 28 seconds. WAUW! but my walley says; not minting because you dont have mature coins, what does this mean? thx

Teka

hero member

Activity: 840

Merit: 1000

Quote from: dannyspk on July 17, 2014, 03:49:30 PM

Quote from: Teka on July 17, 2014, 03:45:40 PM

Quote from: madmanbts on July 17, 2014, 03:43:22 PM

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

We have a plan and tics coming, first the tech needs to be ironed out.

Ideal strategy in my opinion. I was thinking about that earlier and I'd like to know about that. Who decides on strategic moves as you move closer to the official launch? Also, how do you guys work as a team? Is it decentralized as your product? Wink

Physical locations wise, yes. Communication wise, not yet. Basically everyone feedbacks on everything within the team.

Abrupto

member

Activity: 84

Merit: 10

Quote from: madmanbts on July 17, 2014, 03:43:22 PM

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

By all means, go to the forums and be the xc choirboy. I dont think anyone here will take issue with that. But like the team says, the tech should be airtight first. If its not, those people you guide here will go back to the forums and spread the word that we have bad tech. That is bad word of mouth, something I dont want to see. Why hype and market if we dont have the completed product yet. Btc is where it is because slow and steady wins the race every time. What's the rush?

holyprofit

full member

Activity: 196

Merit: 100

Quote from: rockstahh on July 17, 2014, 03:51:32 PM

Quote from: Teka on July 17, 2014, 03:45:40 PM

Quote from: madmanbts on July 17, 2014, 03:43:22 PM

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

We have a plan and tics coming, first the tech needs to be ironed out.

I believe you! The worst thing that could happen is to bring something to the market that has technical issues.

Exactly - I think we've all seen that you have to make it 100% FUD-proof before promoting it

rockstahh

member

Activity: 70

Merit: 10

Quote from: Teka on July 17, 2014, 03:45:40 PM

Quote from: madmanbts on July 17, 2014, 03:43:22 PM

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

We have a plan and tics coming, first the tech needs to be ironed out.

I believe you! The worst thing that could happen is to bring something to the market that has technical issues.

dannyspk

sr. member

Activity: 341

Merit: 250

Quote from: Teka on July 17, 2014, 03:45:40 PM

Quote from: madmanbts on July 17, 2014, 03:43:22 PM

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

We have a plan and tics coming, first the tech needs to be ironed out.

Ideal strategy in my opinion. I was thinking about that earlier and I'd like to know about that. Who decides on strategic moves as you move closer to the official launch? Also, how do you guys work as a team? Is it decentralized as your product? Wink

Teka

hero member

Activity: 840

Merit: 1000

Quote from: madmanbts on July 17, 2014, 03:43:22 PM

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

We have a plan and tics coming, first the tech needs to be ironed out.

madmanbts

member

Activity: 70

Merit: 10

Quote from: Teka on July 17, 2014, 03:22:22 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

No one does

We have really bad internet presence. Only once have I heard any mention of xc on a youtube crypto show. But most of the times when I read an article about anon coins and what they have to offer, it is about drk or cloak. Twitter has just a few (1-2) mentions per hour while cloak has a shitload. I really don't think many people outside of these forums know that xc already has a very good implementation of anon , possibly the best. There is only one or two articles on the internet about xc and they keep repeating themselves on all the sites. So we should all tweet, blog and even letting the darknet people on reddit know that we exist. Paying for exposure is great but to get the ball rolling we need to create o lot of awareness so that people will write about xc because they want to. To do this we first need to let everybody know that the only true anon coin is #Xcurrency.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: demgains on July 17, 2014, 02:58:24 PM

hey syn I got a Q, so our wallet weight will increase the longer we have it unlocked. Will it's weight ever stop increasing?

Its weight resets when it generates new coins.

Or when you move your coins (because moving is essentially "minting", since a new entry into the ledger (the blockchain) is created).

rockstahh

member

Activity: 70

Merit: 10

Quote from: dannyspk on July 17, 2014, 03:24:31 PM

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

If you're talking about last 24 hrs, we've seen 12.63% up

Makes me realize more and more that XCs' days are on the way.

dannyspk

sr. member

Activity: 341

Merit: 250

Quote from: rockstahh on July 17, 2014, 03:14:18 PM

drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

If you're talking about last 24 hrs, we've seen 12.63% up

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 798. (Read 1484192 times)