Post
Topic
Board Altcoin Discussion
Re: Uncensored XC thread
by
Joshuar
on 31/05/2014, 23:00:28 UTC
So let me get this straight? XC's only proof at anonymity is a youtube video?

A testnet block explorer and Transaction ID of said "Anonymous Transaction" still have not been provided.

Finally the dev has never addressed why he paid loljosh to make the coin. Speaking on that, why is the dev not able to use github? See what I'm implying is: Surely if this great XC dev can make a 100% anonymous currency, he would be able to use github and not pay loljosh to clone a coin.

It finally all fits like puzzle pieces.

The dev paid loljosh .7/.8 btc to make a x11 coin for him, see pics for proof.

Since loljosh made it, that's why the dev didn't use github, see github for proof.

Also why there isn't any shred of evidence of a working anonymity system, see the coin itself for proof.
http://coincraft.info:2750/chain/XCTestnet

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MrWhale,

Since you don't seem to have any understanding of what the term "trustless" means, I'll explain it to you. It's impossible to do trustless mixing with the way XC works.

It's obvious that it's just a normal mixer that was implemented in a decentralized way. So it must work like this:

1.) Your client connects to a mixer node
2.) Your client sends money to the mixer node, then asks it to send money to another address
3.) Your money gets deposited into the mixers pool of funds
4.) Then the miner sends out the money to the address you specified

The problem is the node doesn't have to send the money, then you've just lost the money you sent. What if I ran a node and messed with the code to collect money but not send any out?

Darksend is "trustless" because it requires signatures from everyone involved to make the transaction valid. There is no opportunity to lose money at any point during the process.