Quote from: Sabretooth on October 16, 2014, 11:25:15 PM

Quote from: hoertest on October 16, 2014, 11:09:02 PM

Quote from: Sabretooth on October 16, 2014, 10:40:21 PM

Quote from: illodin on October 16, 2014, 05:50:08 PM

Quote from: hoertest on October 16, 2014, 05:40:52 PM

Quote from: Gumpty on October 16, 2014, 05:24:01 PM

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.

I am also a little unclear on how the blocknet xcmixer will work. If this is the main product XC has to offer then we need to be clear about the logic. I say own SDC I want to mix my SDC coins I send it to an XC Mixer, it then mixes XC coins, and then sends SDC coins back. I must be missing something because this does not make sense. My SDC coins have not been mixed by XC they have just been sent back n forth from the xblock. So XCurrency gives up its tech to the Xblock and XC now has no real service to offer because this is now done by XBlock by default? Sorry a little negative in tone, just trying to make sense of everything.

the blocknet will not have its own mixer. there is only the Xmixer in the Xnodes. but beyond all Xnodes this mixer is now also accessible through Xbridge for other coins. but just for use not for earning fees. you still need the xnode with 1k xc running to earn fees. just the potential user base increases dramatically through blocknet. all nodes from all coins hosting the Xbridge are called the Blocknet. thats how i understand it. so sdc don't get mixed in the xc mixer. there will be an exchange going on the way in and out.

in short the Xmixer is still an XC exclusive service you need to hold xc for to capitalise on the fees. Blocknet accelerates the adoption and userbase.

Yeah I guess I understood this, but its not much of a service. At the moment we are the best at this, but soon it will be open source, and it wont take long for other coins to adopt this feature internally. So in the end we will own nothing. I thought that we would at least own the items on the roadmap like Xchat, but this is now looking doubtful and the ability to distribute content which now seems more plausibly done by Xblock. I think xBlock is becoming what we all had hoped XC would become.

I don't think it was fair to make xBlock an owned entity, it should have been a open not-for-profit entity. There will always be a tug-a-war between xblocks needs for profit and the coins. I cannot see it working. It will just implode. Sorry I feel this way. I would love to be proved otherwise.

? the open source argument goes for every coin. you really have no point in investing in crypto if that bothers you. Implementing the Xbridge is free and since its open source there won't be much of a validation procedure down the road also. and why should there be. i mean even a shitcoin having the xbridge in its wallet doesn't hurt me holding my xc and those shitcoin users are welcome to bring me more mixer fees.

you really promote closed source here? i mean, .. , i don't even.

doing it on delay with xc is practically the main thing people still bitch about (i think thats a good policy btw)