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.
This would invalidate any anonymity that would be gained by using the XC transaction in the middle, because the system would have to link the in and out trades together.
good point. than it depends on the speed of the whole process and the willingnes of the user to take the risk for pricemovement in between.
it will defenetaly be faster and lesser risk than manually going on an exchange, buying the coin whoms feature you wanna use at that moment, using it, and then going back on the exchange to buy the other coin back you prefer to hold long term.