Post
Topic
Board Altcoin Discussion
Re: XC uses multisig address and transaction? The answer is NO!! Look at facts here!
by
synechist
on 16/08/2014, 20:11:31 UTC
huh? show me a m-of-m multisig address and tx then, and explain what's the use of m-of-m?

m-of-m and m-of-n is the same multisig tech, show us then the address + tx?



The part where I invited you to play join-the-dots: here's a relevant excerpt:


3) Supplementary information:

- XC's multipath technology, used for obfuscating the amount sent in a transaction and the identity of sender and receiver, makes use of m-of-m transactions in order to achieve trustless mixing.

- Trustless mixing is a world-first. Nobody's ever done it before. Hence my prior request that you ask questions before coming to conclusions.

- m-of-m requires that all parties sign or else the transaction is invalidated.

- As such, m-of-m prevents bad nodes stealing coins instead of forwarding them.

- if a transaction is invalidated, the participating nodes resync the session-based network they form for the transaction in question, and proceed.


...
- You can start listening this weekend. ATCSECURE releases a whitepaper explaining how all this works.


Can we proceed from here?