Quote from: pvk444 on January 03, 2018, 08:45:05 AM

Quote from: ConanTheHODLer on January 02, 2018, 11:32:13 PM

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Its all looking promising so far, but what is the coin's weakness? No FUD or bashing, every coin has a weakness or an area where other coins are better than it, what are the things about XSPEC that an investor needs to take into account? I read somewhere that PoS isn't as good as PoW and can leave a privacy coin open to being hacked or exposed, something about the nodes or PoS means every user needs to choose stealth transactions for it to truly work, I think DASH and PIVX had those problems? Is the supply going to be unlimited or capped? What are those 2 new updates bringing? Sorry I don't have time to read the whole thread but happy to be pointed in the right direction to these answers as I'm a big believer in privacy coins and this one seems to be the best so far so I need to be sure of a few things before investing.

Technically, I don't think it has "weaknesses", if by "weakness" you refer to an unplanned vulnerability or bug. Most features are a choice. TOR integration for instance, is a choice. Other coins do it differently. Same with ring signatures. The PoS approach is another choice factor.

As for PoS vs. PoW and hacking, both can be hacked if they are implemented wrongly. And both can be very secure if done correctly. I believe in the future of PoS as it is energy efficient and quantum-resistent. Furthermore, PoW leads to centralization by major mining factories. PoS is truly distributed. You could run a PoS wallet on a mobile phone or a Rasberry Pi if you wanted to.

As far as stealth transactions are concerned: firstly, XSPEC of course supports that. At present, users have to select stealth transactions. In version 2.0, stealth transactions will be the default. Secondly, the XSPEC devs have a working model of stealth staking, a unique feature nowhere available at present. This will also be available in an upcoming version of XSPEC. At the moment PoS uses transparent transactions.

The supply increase is 5% a year and is the "dividend" you get from staking. The 5% is set for the system as a whole. Staking dividends for individuals are more in the 10% range, as some coins are held in non-staking exchange wallets, or are held in offline wallets.

For the roadmap, I suggest you check out https://spectreproject.io/roadmap/

I also encourage you to join the Slack channel at https://spectreproject.slack.com. The devs hang out there as well, and are very responsive.

No, what I mean by weakness is something along the lines of a way its privacy features could theoretically be uncovered more easily than another coin out there, kind of like its Kryptonite, or maybe even something like the circulating supply being an issue in the future if it is infinite and increasing so much and will hold the coin back from greater value increases?

I'll definitely check out those links, thanks for the help, I see its on Cryptopia, is that the best place to buy or trade it? Its definitely not my first exchange place but they seem to have the most volume.