Re: [ANN]Xiropht (XIRO): Fast, Lightweight and Portable Centralized Cryptocurrency.
A bit about the process. It started back in late 2017 but was scrapped due to concerns of the security overall.
Since that time, MANY layers of security and encryption have been added. I lost count to be honest.
There's so many layers of security and encryption I don't even know how many
Maybe 20 or so throughout the system?
That's why it's hard to put in easy terms
For the wallet to just do a tx there is encryption, a token system, and also a qr code(never heard of that)
That's on top of packet checking to make sure they are not deformed
Then it gets to the seed node and node says, okay proceed
For the GUI wallet even on your own PC the transactions are encrypted.
Then at chain level I have no idea how many layers are used.
It's like encrypted and then encrypted again, and then again
That's along with the token system.
All will be published once the coding is complete.
Since that time, MANY layers of security and encryption have been added. I lost count to be honest.
There's so many layers of security and encryption I don't even know how many
Maybe 20 or so throughout the system?
That's why it's hard to put in easy terms
For the wallet to just do a tx there is encryption, a token system, and also a qr code(never heard of that)
That's on top of packet checking to make sure they are not deformed
Then it gets to the seed node and node says, okay proceed
For the GUI wallet even on your own PC the transactions are encrypted.
Then at chain level I have no idea how many layers are used.
It's like encrypted and then encrypted again, and then again
That's along with the token system.
All will be published once the coding is complete.
all will be published once coding is complete, but the coin is in mainnet
and you suppose to trust a dev with compromised integrity for now while a bunch of newbie accounts and one older acct shill a bunch of things they don't really know anything about or can verify cos they shilling a source code that is closed. So, in other word, they saying trust that this is not all bullshit which wouldn't be such a problem if you weren't dealing with a centralized coin and a central authority that has shown that he cannot be trusted. Youre ARGUMENTS are totally CRAP. A DEV with COMPROMISED INTEGRITY ? The ONLY FAULT you talk about was to PIN A LINK of several POOLS as overview and work with in its EXPERIMENTAL STATE where someone who tried to scam in OTC try run ONE POOL of them and CONTRIBUTE his work for DEVELOPMENT.
Im never met a more NICE, FAIR and TRANSPARENT Person as the DEV of Xiropht in my 15 years of using Internet.
Its a shame what you try to do in here.
Nope same dev banned/labelled me a scammer for trying to sell coins that i legimately bought on the coin's thread and did it under the pretense that am trying to sell the coins at a profit and thats the sign of a scammer
the comment can actually be viewed on the trading channel.And as i aforementioned bunch of newbie accts and one older acct ( which by the way hasn't made a comment on this thread since 2016) till it started commenting about xiropht is out here shilling stuff they don't know about.
Also, my argument is not crap, cos the code is closed source, the man above is talking about releasing it once v1.0 is ready but its on mainnet, and no one knows when v1.0 will be ready but till then we suppose to trust that entity that this is not all bs. So, again, its a centralized coin with a closed source, which entails trusting one single entity and i personally don't think that entity should be trusted after my dealing with him. That's my opinion and stating it to others, now what they choose to do with it is up to them.