Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] >> Mandatory Wallet Update - The first POS ANON
by
anonymousxx1503
on 01/06/2014, 15:43:57 UTC

The wallet release is on track for tonight.

It will be mainnet ready, and have the XNode code in the wallet.  It is fully decentralized.  

Just to clarify somethings as well - REV2 will have a solution to the bad actor problem.  Using a dynamic learning trust system, the wallet will choose the trusted nodes over the bad actor nodes.  This also will be tied into the fee system so it will also be incentive based.  

I will also be laying out a very high level roadmap of what’s next, what’s coming and long term plans.
As part of this process, I will be putting together a complete business plan, which will be release later this week.  


Also if your running an XNODE your 1000 XC's will not stake.  There is a feature in the wallet - reserve balance - which basically prevents those coins from staking.  Xnodes will need to use this feature so that the coins are available for the Xpool.


ATCSECURE






So you can get fucked a few times by bad actor nodes, then it learns to trust good ones? Requires trust you mean, as in not trustless? As in the government can buy Xnodes and make them run as intended to gain trust and then see all transactions?

What happened to the additional protocol layer?