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Topic: [XSPEC] Spectrecoin | Untraceable Tx | Ring Signatures | Tor Integration - page 34. (Read 115693 times)

hero member
Activity: 693
Merit: 508
The top 10 wallets own nearly 50% of coins http://prntscr.com/erbqv0

Was this premined?

If not, can someone point me in the direction of other distribution info?

There was an ICO and not so much interest but we had little choice given the circumstances but to distribute to the investors as opposed to 're-start' the whole process. The wider distribution will come with time so this may be a slow burner but there is enough on offer for it to spread.
full member
Activity: 122
Merit: 100
The top 10 wallets own nearly 50% of coins http://prntscr.com/erbqv0

Was this premined?

If not, can someone point me in the direction of other distribution info?
hero member
Activity: 1330
Merit: 515
Coin Mage
Update

Providing a static / standalone spectrecoin.exe for Windows has proved quite difficult, but I am happy to say that we are very close to a solution. There has been a lot of work on this aspect of the project recently so that we can easily build future Windows versions. We have now managed to do a static build of Qt so we are working on the rest of the dependencies so hopefully we should have a new version in 2-3 days. Sorry about the delay...

Progress overview:
1. [done] Configure Windows environments
2. [done] Compile Qt 5.8 statically (x32/x64)
3. [done] Compile ICU statically (x32/x64)
4. [done] Compile OpenSSL (x32/x64)
5. [to-do] Build all the other dependencies from project sources (boost, libevent, etc.).
6. [to-do] Compile the spectrecoin.exe (x32/x64)

So, as you can tell, we will deliver x32 and x64 versions of spectrecoin.exe so that we cater for all Windows users.

Parallel to this we have identified a range of updates we need to do in the code re. the Tor integration. Once that has been done we can focus on getting the first version of XSPEC Android out. After some discussion it was decided to wait for a code update and Windows build before releasing the first Android app.

We are also planning a PR push in the wake of the new versions once they are out.

Amazing! At everyone, note that static builds of big programs can be pretty difficult, so great respect to the devs for managing to make a static build of Qt, and good luck for the rest (boost, libev ... I'm happy that I am not the one who has to do that stuff! Shocked)
full member
Activity: 154
Merit: 100
@bonzocorleonee
Update

Providing a static / standalone spectrecoin.exe for Windows has proved quite difficult, but I am happy to say that we are very close to a solution. There has been a lot of work on this aspect of the project recently so that we can easily build future Windows versions. We have now managed to do a static build of Qt so we are working on the rest of the dependencies so hopefully we should have a new version in 2-3 days. Sorry about the delay...

Progress overview:
1. [done] Configure Windows environments
2. [done] Compile Qt 5.8 statically (x32/x64)
3. [done] Compile ICU statically (x32/x64)
4. [done] Compile OpenSSL (x32/x64)
5. [to-do] Build all the other dependencies from project sources (boost, libevent, etc.).
6. [to-do] Compile the spectrecoin.exe (x32/x64)

So, as you can tell, we will deliver x32 and x64 versions of spectrecoin.exe so that we cater for all Windows users.

Parallel to this we have identified a range of updates we need to do in the code re. the Tor integration. Once that has been done we can focus on getting the first version of XSPEC Android out. After some discussion it was decided to wait for a code update and Windows build before releasing the first Android app.

We are also planning a PR push in the wake of the new versions once they are out.
Thank you for the updates! Smiley
hero member
Activity: 693
Merit: 508
Update

Providing a static / standalone spectrecoin.exe for Windows has proved quite difficult, but I am happy to say that we are very close to a solution. There has been a lot of work on this aspect of the project recently so that we can easily build future Windows versions. We have now managed to do a static build of Qt so we are working on the rest of the dependencies so hopefully we should have a new version in 2-3 days. Sorry about the delay...

Progress overview:
1. [done] Configure Windows environments
2. [done] Compile Qt 5.8 statically (x32/x64)
3. [done] Compile ICU statically (x32/x64)
4. [done] Compile OpenSSL (x32/x64)
5. [to-do] Build all the other dependencies from project sources (boost, libevent, etc.).
6. [to-do] Compile the spectrecoin.exe (x32/x64)

So, as you can tell, we will deliver x32 and x64 versions of spectrecoin.exe so that we cater for all Windows users.

Parallel to this we have identified a range of updates we need to do in the code re. the Tor integration. Once that has been done we can focus on getting the first version of XSPEC Android out. After some discussion it was decided to wait for a code update and Windows build before releasing the first Android app.

We are also planning a PR push in the wake of the new versions once they are out.
hero member
Activity: 1330
Merit: 515
Coin Mage
As right now Xspec is so cheap and marketcap is so low, so there are huge room to grow

Yep. Cool A market cap of 20M would not be too much for a project like this, and that's 40 times the current price ... Cheesy  So BUY NOW as long as you can, lol.
full member
Activity: 154
Merit: 100
@bonzocorleonee
we should try and get xspec on bittrex
If im not mistaken dev already talked/plan(couldnt remember) to talk with bittrex, but they are waiting for windows wallet to finish.

no rush please still accumulating  Wink
You better moving fast with accumulation as coinfest is just around the corner Tongue Roll Eyes
And with SDC gone, with continued development, i am xspecting XSPEC taking SDC place.

I thought there were so much success with SDC actually. I grew more than $2 earlier this year because of the Umbra wallet.
It didn't turned out well. I was outdated with their development but watched them for a long time. How soon is XSPEC going to moon over them?
The thing is SDC is rebranded to Particl, and there will be no future development with SDC. There are swap from SDC to Particl tho. So if Xspec deliver and continue their development, they def have potential to take SDC place, or atleast get close to it. As right now Xspec is so cheap and marketcap is so low, so there are huge room to grow
hero member
Activity: 700
Merit: 500
we should try and get xspec on bittrex
If im not mistaken dev already talked/plan(couldnt remember) to talk with bittrex, but they are waiting for windows wallet to finish.

no rush please still accumulating  Wink
You better moving fast with accumulation as coinfest is just around the corner Tongue Roll Eyes
And with SDC gone, with continued development, i am xspecting XSPEC taking SDC place.

I thought there were so much success with SDC actually. I grew more than $2 earlier this year because of the Umbra wallet.
It didn't turned out well. I was outdated with their development but watched them for a long time. How soon is XSPEC going to moon over them?
full member
Activity: 154
Merit: 100
@bonzocorleonee
we should try and get xspec on bittrex
If im not mistaken dev already talked/plan(couldnt remember) to talk with bittrex, but they are waiting for windows wallet to finish.

no rush please still accumulating  Wink
You better moving fast with accumulation as coinfest is just around the corner Tongue Roll Eyes
And with SDC gone, with continued development, i am xspecting XSPEC taking SDC place.
sr. member
Activity: 430
Merit: 250
legendary
Activity: 1148
Merit: 1001
we should try and get xspec on bittrex
If im not mistaken dev already talked/plan(couldnt remember) to talk with bittrex, but they are waiting for windows wallet to finish.

no rush please still accumulating  Wink
full member
Activity: 154
Merit: 100
@bonzocorleonee
we should try and get xspec on bittrex
If im not mistaken dev already talked/plan(couldnt remember) to talk with bittrex, but they are waiting for windows wallet to finish.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
we should try and get xspec on bittrex
try to make more volumes and be notice inside social media , create more tweets and trade with volume for sure trex will
notice this coin and they will add this to bring more investors and to gain profits from this project.
member
Activity: 66
Merit: 10
we should try and get xspec on bittrex
full member
Activity: 179
Merit: 100
I know that it's POS. With sizeable amount, I actually meant sizeable value.
Regarding building XSPEC holdings...got me some XSPEC a few days ago Wink
legendary
Activity: 1019
Merit: 1001
Spectreproject Community Manager
Oh you're right, forgot that it's routed through tor. I also think we should discuss what is doable, because when the price of spectre rises, people will be staking with sizeable amounts. Having a wallet online, which holds a lot of coins, is a security nightmare, even if it's encrypted and you only have to type in your passphrase after every restart. I'll rather keep it offline.

Since XSPEC was an ICO coin that is only Proof-of-Work....at a 5% annual rate.
there will never be "sizeable amount" as far as coin amounts. Current supply is just over 20 million.
https://coinmarketcap.com/currencies/spectrecoin/

XSPEC is aiming for sizeable value though.  Cool

But, having said that.... we all share your enthusiasm, now is a great time to build your XSPEC holdings.
full member
Activity: 179
Merit: 100
Oh you're right, forgot that it's routed through tor. I also think we should discuss what is doable, because when the price of spectre rises, people will be staking with sizeable amounts. Having a wallet online, which holds a lot of coins, is a security nightmare, even if it's encrypted and you only have to type in your passphrase after every restart. I'll rather keep it offline.
hero member
Activity: 1330
Merit: 515
Coin Mage
I would limit one staking account to one IP address

Remember, no IP addresses in Spectre! See the problem here?  Wink Similar to ZCash where you cannot control the distribution of funds, in Spectre, it is very hard to analyze the structure of the network.  I'm not sure if this "remote staking" is a good idea, or even doable, but definitely worth discussing at some point.
full member
Activity: 179
Merit: 100
Ok I see. This would also solve the problem for people using the mobile wallet, which is not going to stake coins to not surge the battery! I'm sure you are welcome to come to Slack and discuss this with devs. Check out #ideas_features over there, or go to Github and file a feature request.

On the downside, it could result in many people staking on just a few big servers, and only those servers running the actual network, which is not generally desirable because it makes the network less robust...

I would limit one staking account to one IP address, but you are right, most of the nodes would be running in the network of big cloud hosters like digital ocean. However it's the same with bitcoin and big mining pools.
I've checked out slack, but it seems that the devs are not very active there. Filing a feature request on github is a great idea, I'll do that.
hero member
Activity: 1330
Merit: 515
Coin Mage
Could someone explain to noobish me what remote staking means or how it works?  Huh Somehow the entity who has access to the private key needs to be connected to the internet, right? So what is the alternative to keeping the wallet open?

It's explained in the NEM FAQ https://www.nem.io/faq.html#howDelegateHarvest

Basically you are lending your staking power to another account, preferably with an empty wallet.
First you generate a key with your original wallet, which is only used for staking and activate remote staking. (This key has nothing to do with with your funds and private key.)
Then you can close your original wallet and put this key in the config of another wallet, which is and stays empty.
The empty wallet stays open for staking and all rewards are going to the original wallet.

The benefit of this setup is, that the wallet with your funds is only needed when starting remote staking and afterwards it can stay offline.
If the server with your staking wallet gets compromised, in the worst case, the staking key gets stolen and then the attacker can stake for your wallet  Grin
This architecture in connection with trezor would be a very secure setup.

Ok I see. This would also solve the problem for people using the mobile wallet, which is not going to stake coins to not surge the battery! I'm sure you are welcome to come to Slack and discuss this with devs. Check out #ideas_features over there, or go to Github and file a feature request.

On the downside, it could result in many people staking on just a few big servers, and only those servers running the actual network, which is not generally desirable because it makes the network less robust...
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