Post
Topic
Board Altcoin Discussion
Re: Unmoderated XC thread
by
chaeplin
on 06/06/2014, 01:36:27 UTC
xnode is useless.
When you use xnode, you risk your coins.
xnode can steal your coins.

What actually xnode is doing ?

A/you --> xnode --> B

When you send coins using xnode, it's written to blockchain with xnode address.
Real payee address B is transfered to xnode with hoping xnode to deliver coins to B.


To avoid double spending, xnode need to wait at least 2 ~ n confirmation.

xode is Time/Block delayed postbox/transporter.

As coins sent to xnode address, not real payee B, coins are belong to xnode.
xnode should send coins to B.

Receiving coins and Sending coins are not occurred simultaneously.