Re: rpietila Altcoin Observer

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Hi, here is the REV 1 trusted mixer implementation source code. The coin now has multi-path trustless mixing (still not open source though) and every wallet is a potential node.

Risto, I propose that you make a rule to forbid discussions about closed-source alts in this thread. These are really not worth our time.

+1 on that

Closed source can be everything and nothing.

When and if they open source I think maybe someone can peer review it and then we can discuss it further.

XC makes their code open source on a delayed timeline.

For now, you can all review the mixer we released yesterday.

Traders and investors can consider whether it's worth getting in early while the breakthrough tech is yet to be made public.

When we launch Rev 3 there will be a big public bounty to provably break XC's anonymity.

I have been in XC from the start , but sold on the bubble.

I personally declare it vaporware like I have done with DRK until a peer review on the code has been done and it has been opensourced.

Trustless mixing is currently working.

The latest XC app is Rev 2.45. You can download it here and test out a "privacy mode" transaction yourself. Track the results in a block explorer.

This is hardly vapourware.

For the record, external testing, and public testing for a big bounty are happening around Rev 3.

And, also for the record, here is our statement on open source:

XC is committed to the open source model. Open source code is vital for the health and advancement of cryptographic technologies, and it is a privilege to share our technical breakthroughs with a community such as this. We believe that XC's code embodies several world-firsts enabling anonymity that is scalable, mobile-friendly, POS-integrated, and is ultimately a platform upon which a broad range of Blockchain 2.0 technologies will be built. However we have been under severe attack from competing projects. Furthermore peoples faith in altcoins is significantly hindered by clones. Therefore we believe that the ethical way to engage with the community is to make code available on a delayed timeline. This way, the community will still benefit from our work, while we'd reduce the incentive for developers to flood the marketplace with clones that lack a long term future and reduce the trustworthiness of the altcoin phenomenon. XC represents several market-leading innovations, and we are honoured to make these available to the community in the near future.