Post
Topic
Board Altcoin Discussion
Re: Unmoderated XC thread
by
chaeplin
on 13/06/2014, 10:26:08 UTC


With XC you have to trust the mixer isn't logging the data and that the mixer won't steal your coins. Giving control of your coins to another entity is just asking for trouble.
Thansk I appreciate your (and others input here)
So..with DRK the nodes merely witness the change of ownership and verify it?
But with a mixer the coins pass into the mixer (rather than merely being witnessed) and then have to be "allowed" out the other end?
Can you expand?

1.Where exactly is the "mixer"?

2.If the source is open, then would that mean coins could not be stolen?

3.The developer of XC stated "mixers don't steal coins".....but you seem to think they can? So how would a mixer steal coins?



It's simple.

You send coins to a address issued by mixer and mixer has private key of the address issued.