Post
Topic
Board Altcoin Discussion
Re: Does XC uses multisig address and transaction? Looks like the answer is NO
by
SushiChef
on 16/08/2014, 17:14:08 UTC
So what is the problem? I'm confused.. first there was no multisig and now you say there is...

 Huh

XC, a hot alt coin, claims that it is a trustless system and uses multisig technology to do it. See below


But I am puzzled by the fact that despite they talk like this, I don't see a single multisig address in XC nor do I see any multisig tx. As we all know, these are the central parts, if we do use this technology, we will see a lot talk about it, like in whitepaper, in thread discussions, the multisig addresses and tx are shown in the blockchain explorer etc (look at Superoicn/MammothCoin's threads, there are plenty talk on that. I can find quickly 10 multisig addresses and associated with transactions, they are currently doing alpha tests in mammothcoin network, so all the multisig addresses are for Mammothcoin, soon I expect to see for supercoinsm which is scheduled for beta tests). Can anyone show me XC's multisig addresses and their associated transactions?

This should be an easy thing to do. But since I don't see any, I doubt if the multisig is really implemented in XC. It looks more like a scam to me. Also, when I search the XC thread, I see this from someone (likely a dev of XC):