Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx!
by
BTCwriter
on 11/09/2014, 02:23:25 UTC

As promised, here is the whitepaper brief that describes StealthSend.

https://www.dropbox.com/s/do4urdefwoungjz/Stealthsend-Whitepaper-Brief-201409.pdf?dl=0



FACT:  XST provides the SOLID ANON that CRYPTONOTE coins provide- but provides the solution in such a manner that it is SUSTAINABLE over time.

there is a reason I did not invest in XMR , ByteCoin, or hell even Boolberry - I knew they are not longer term viable due to the nature of ring signature size requirements (even boolberry with its pruining)

Hondo has come up with a way to use Chandran signatures to fully resolve the cryptonote curse.  

Do your research people.


Just wanted to point out.....

StealthCoin will implement (Sublinear signatures) "Chandran Signatures"  - this is ring signatures WITHOUT the block chain bloat                                                         
Ring signatures provide TRUE anoniminity - there is no doubt about that - but they suffer from bloating the block chain - this is why sublinear signatures are a good way to do anon - but wihout the bloat                                                         
Ring Signature coins (Crypto Note Coins) are not feasible for high volume transactions - the chain would grow to large to fast if people started using it like bitcoin or litecoin is used - Stealthcoin wont have this problem - which means stealthcoin could handle VISA or Mastercard type volume without being bloated out to butt fuck no where                                                         
                                                         
Chandran signatures are square root in size - so it means that a 36KB ring signature now becomes a 4KB Chandran signature - means less space eaten on the block chain (faster synch times etc)                                                         
Crypto Note coins are impractical due to the large space requirements - this is why stealth will utilize "Sub linear Signatures" or "Chandran signatures" and be immune to the bloat - it allows to handle bitcoin volume like transactions                                                         
Chandran signatures (sublinear signatures) were conceptualized at UCLA (they are a real thing that DOES work) - stealth coin will be the FIRST coin to implant such thing                                                         
                                                         
BBR (Boolberry) was close to solving the bloat problem by pruning and expiring signatures - but this is not the optimal way to do it - "Chandran" SubLinear signatures is the PROPER and optimal way to do it - by means that the signatures themselves will no consume near the space - so no need to prune                                                      

AND THAT'S WHY XST WILL SEE AT LEAST A 10m MARKETCAP. THIS IS JUST THE BEGINING.

StealthSend being POW I'm sure miners going to be all over this for sure. I hope the POW going to be the same as X13 algo. I also hope Hondo would let us know more about this soon as this going to take anon coin to the next level. I just can't wait for StealthSend whitepaper.

Yes, as a miner... I'm all over this!

LOL me too.
Darkcoin require masternode and XC require Xnode but Stealthsend is POW, I'm sure this will be a game changer for sure. It's like one stone kill 2 birds because it will bring miners back by the masses. We will just wait for the whitepaper to understand more. I believed Hondo will have this thing all work out, he's legend in this crypto coding beside satoshi himself.