Post
Topic
Board Altcoin Discussion
Re: PROOF that XSPEC is a SCAM
by
d0d15
on 22/03/2018, 20:35:09 UTC

The author of this topic and jbg (spectrecoin dev) are great lads, that synergistically created FUD and delayed release of a new version. This lowered the price to 60 cents, and made it possible to rally again to $ 6 (where the price has been recently), after the release of a wallet 1.4.
The author of this topic did not conduct a large study, he wrote exactly 4 points and for each of them there is an answer: https://bitcointalk.org/index.php?topic=3055715.msg31812046#msg31812046
He did not write anything new - this was written in the official wiki half a year ago: about ring size = 1, the world's first coin with Tor hidden service (exit nodes are not involved), OBFS4...
Sept 11, 2017
Furthermore, this release was the first to include a binary for Apple MacOS. A change to the stealth transaction mechanism was introduced so that the wallet allows for non-anonymous ring signatures with only 1 or 2 members. The reason for this was that at that stage, the network often did not have enough participants for ring signatures to do a full ring signature transaction.
So Spectrecion has Stealth addresses, split/combining algorithm, Ring signatures, and still allows you to disable privacy if you do not want it - using ring size = 1 (will be removed). Or using Public addresses - as it is done in the PIVX, PARTICL - good privacy coins.
You mentioned deeponion, and if you are interested in its security, for comparison, then there is not even a ring_size = 1, because there isn't ring signatures. Deeponion isn't privacy at all at this moment, there aren't ring signatures, stealth addresses, split/combining algorithm - proof official roadmap, it's called Deepsend, Q2 2018 that isn't implemented yet. Deeponion uses Tor (exit nodes are involved) so it's not anonymous. Deeponion coin requires that you manually download and copy the OBFS4 executable file: https://github.com/deeponion/deeponion/blob/master/doc/setup-obfs4.md
It will also just run the executable file: https://github.com/deeponion/deeponion/blob/413090c51575690ea6697db35b8e3e1e544b32af/src/net.cpp#L633
if (stat("obfs4proxy.exe", sb) == 0 && (*sb).st_mode & S_IXUSR) {
Also I can write verifiable proofs about Verge address/ip/amount-leaks or about Monero IP-leaks, but this does not mean that they are scam.

I will expect more in-depth research and more reasonable criticism from you, I hope this will help the developer fix some really important things and will motivate the developer to release the new version faster.
fixed it for you Deeponion and XSPEC coins both require that you manually download and copy the OBFS4
XSPEC will also just run the obfs exe.