Quote from: johnny_non on June 03, 2014, 09:39:53 AM

Quote from: atcsecure on June 03, 2014, 01:26:35 AM

Quote from: bitcad4u on June 03, 2014, 12:10:29 AM

ATCsecure can u plz explain how it is prevented from a mixer stealing coins during this beta wallet?

a mixer on its own can't steal coins, but with out the REV2 trust system and multi-path there is a potential risk of loosing coins through a bad node. I have setup "hardened" servers for testing, PM for details

So it may be in bad taste to quote the dev of another coin, but when you see so much floundering it's hard not to comment...
It looks like XC dev acknowledges my first concern. In which case I feel it is completely irresponsible to launch that feature in the first place after all you are dealing with REAL PEOPLE and REAL MONEY. If there is even the slightest chance that a bad actor could steal coins your system is flawed. Now yes many systems have flaws but a node based mixer is less than an intelligent design I'm still waiting to see what i will call "pirate nodes" to pop up and reroute transactions. Secondly hardened server? While certainly more secure to route traffic to specific hubs for laundering, it breaks the main principle of decentralization. It is an easy task to create a centralized method of pseudo anonymity.
I've seen a lot of back peddling and double speak from 100% decentralized anonymous to well it's not 100% anonymous it's not 100% secure and not it's not decentralized....

So that all being said. I am working on development we are trying to solve these types of dilemmas. In the coming weeks I will be building / growing a team to tackle these issues.
As previously stated releasing something that puts people's money in jeopardy like the above stated have is unforgivably irresponsible in my opinion. Also do not misconstrue my statements I am not making promises of immediate/ imminent release here. I am however investigating and attempting to resolve these conundrums.

Once again Dreamers I thank you for your patience.

johnny

The dev of CryptCoin has said that they're going anon through a totally different route, absent of masternodes. Let's see if its legit/fail proof. Whitepaper to be released soon.