Quote from: CryptoGretzky on June 16, 2014, 03:47:13 AM

You can't even solve 1.5 multi-path regular coin mixing... you think you can solve 2.0?!?!? LOL

You have to learn more.

You don't know the meaning of multisig.

Code:

#4. REV2 Will use multisig to prevent stolen coins

For you.

http://bitcoin.stackexchange.com/questions/3718/what-are-multi-signature-transactions

What did he say before ?

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

Quote from: atcsecure on June 01, 2014, 11:11:21 PM

Quote from: CryptoClub on June 01, 2014, 11:09:29 PM

Quote from: roede94105 on June 01, 2014, 11:05:36 PM

Quote from: Grifftech on June 01, 2014, 10:46:19 PM

Quote from: stealth923 on June 01, 2014, 10:45:04 PM

"REV2 will have a solution to the bad actor problem. Using a dynamic learning trust system"

Create Xnode - steal coins.

Shutdown Xnode - Move Coins to new Xnode

steal coins.

Shutdown Xnode - Move Coins to new Xnode

Rinse, repeat.

Cant wait to get started.

Lol, good luck with your uber hax skillz /facepalm

Can someone explain if that is a potential risk?

I know it's probably FUD, but it seems somewhat "logic", anyone to explain?

He wants people to sell XC and buy DRK, read his previous posts. XC and DRK are the two strongest anon Alts. XC appears to be developing tech very quickly however. Oh, someone already stole 1000 DRK, so people should not be throwing stones.

There is no risk, the trust system is designed to prevent this and other potential attack vectors

Quote from: atcsecure on June 02, 2014, 03:32:23 AM

Quote from: provenceday on June 02, 2014, 02:51:23 AM

Quote from: battbot on June 02, 2014, 02:48:56 AM

Is atcsecure still planning on giving an update tonight for future plans as well as more detailed report on xnodes?

Anyone know?

yes, dev posted this earlier.

Sorry but this is going to be fairly brief as I'm exhausted

- Future Plans
   - Finalize Business Plan
   - Identify key market potential opportunities
   - Market analysis for high growth opportunities
   - XC Foundation
   - Structured Corporate Entity
   - Android Wallet

   - Release REV2

   - REV2 is a major upgrade to the system, using the existing REV1 code. It will support a decentralized learning trust system and be not only anonymous but have protection against various attack vectors

   - Post REV2 is Wallet improvements and Working today's the Retail Market Space and Point of Sales and ATM's. A cost separate analysis will be done on this
   - Wallet Updates to include encrypted IM, encrypted IRC type communications
   - Wallet Updates to support new applications (will update)

   - Completing the Android wallet with the Mobile solution mentioned above -

That is the current high level plan, I will create a more formal way to present this and to keep it updated so that is available 24/7

- XNODE

  XNODE is in the wallet, the batch files run it either on mainnet or testnet. Unfortunately I was not able to complete the testing tonight. This will happen tomorrow with a basic user guide on how to set it up

ATCSECURE

Flawed !!