Post
Topic
Board Announcements (Altcoins)
Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos
by
hoertest
on 16/10/2014, 17:40:52 UTC
Just wondering how the interactions between different coin nodes will work...  

e.g
If someone with a UtilityCoin wallet would like to send their UTIL coins via the XC XMixer service how does that work?  What journey do their coins take?  Has this stuff been worked out yet or is it still being thought about? Would that user have to use a decentralized exchange to convert their UTIL to XC, then send those coins, then convert back?

as i understand it there will be some kind of automatic exchange going on. the user wouldn't have to do this themselfs. the rate would have to be just garanteed to be the same for both transactions in and out of the "borrowed" coin.

Also I'm happy to see that Dan updated us about where XC stands already again. The xnode mixer anon is the cornerstone of XC. when it arrives you better have 1k XC in your wallet cause the whole blocknet will try it out. And who knows what coins have joined at this point. hope some oldschool alts gona see this potential and include the Xbridge. the Xmixer will be a money printing machine.