Search content
Sort by

Showing 20 of 47 results by btell
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 17/07/2014, 21:20:54 UTC

XC price is normal, but 24h exchange volumes are decreasing again. Anxiety...

Poloniex volumes DRK/XC = 7.516/2.568, mintpal volumes DRK/XC = 684.069/59.180.

Can you explain why people trust in DRK more? Indeed Evan Duffield has opened the sources?! Nor he has hypnotic abilities to make people zombies?


You can't evaluate a coin based on one 24h period.  That is idiotic.  If this were the case, then you would have to conclude just 1 day ago that XC > DRK, because 1 day ago XC had a higher 24h volume than DRK.  So, according to your method, you now have two antithetical reports to reconcile within a period of 48 hours.

Your method is seriously flawed.  And the reason DRK volume has risen to overtake XC's in the last 24 hours is unquestionably because they just released news on RC4.

I am tracking for DRK & XC for a long time. Yes, there are few time intervals in history, where XC > DRK by 24h volume, but MOST of rest time (I estimate 80-90%), DRK > XC by volume.

Today, the volume difference just became drammatic. My opinion, among many parity features of XC vs. DRK there is one, 'instamine' that intrinsic to XC, and not intrinsic to DRK. People's psychology does not accept unjust feature such as 'instamine'. You may contradict with 'stake' feature. But to stake coins, one need buy them first, buying is not so psychologically comfortable, as minig on the equipment you already possess.

So I call on Dan to return the mining feature, and let XC be PoW coin again, at least 50% PoW, 50% PoS.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 17/07/2014, 20:32:01 UTC
drk up 18% xmr up 18% cloak up 13% XC up 4%

and xc is by far the best anonymous coin. I don't get it.

If you're talking about last 24 hrs, we've seen 12.63% up

XC price is normal, but 24h exchange volumes are decreasing again. Anxiety...

Poloniex volumes DRK/XC = 7.516/2.568, mintpal volumes DRK/XC = 684.069/59.180.

Can you explain why people trust in DRK more? Indeed Evan Duffield has opened the sources?! Nor he has hypnotic abilities to make people zombies?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 22:39:05 UTC
You, sir, are welcome to be sceptical until we release our code on a delayed timeline.

I, on the other hand, find it an obvious choice to trust Dan's intentions. Why? Because it's in his interest for XC to work. Because his identity is publicly known. Because he's a genius. And because I'm patient enough to respect the wisdom of being open source on a delayed timeline.

When I spoke about that delayed timeline, some members of your community mentioned me that they don't want to open sources at all. But Dan did promise that, I know.

So, is this Dan's identity?

http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

Yes, that is Dan, you can read in it, "Currently working on a revolutionary idea and project - XCurrency - a world-class premier alt-coin which intends to bring true privacy to all."

And yes, source code must go open source at some point.  Closed source = centralization.  But this is why the team has decided to release the code in parts on a delayed timeline.  So that eventually, the code will be opensource, yet XCurrency holders will be able to benefit from the uniqueness of the code's innovation.

Respect you for the honest answer.

Just weird why Dan uses word 'Extensive' too Extensive Smiley When I was a student, we studied, a resume should reveal your language skills among other things...

Thank to all guys for the answers, I go to sleep...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 22:31:17 UTC
You, sir, are welcome to be sceptical until we release our code on a delayed timeline.

I, on the other hand, find it an obvious choice to trust Dan's intentions. Why? Because it's in his interest for XC to work. Because his identity is publicly known. Because he's a genius. And because I'm patient enough to respect the wisdom of being open source on a delayed timeline.

When I spoke about that delayed timeline, some members of your community mentioned me that they don't want to open sources at all. But Dan did promise that, I know.

So, is this Dan's identity?

http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 22:27:56 UTC
BTW, This coin is EASY to hide coins . Im one of the originals who hold a rather large amount myself, only a few specific people know my sums, yet I am sure no one can figure out how much I have. Before anyone asks, no I am not listed on the "rich list" because I dont want it so.  I made sure not to have that part of my info pulbic, because I dont need idiots following every coin movement when I might transfer to stake one batch in another wallet, freaking out people seeing movement.

You are correct of sure, but our discussion subject was XC anonymity vs. BTC anonymity.

As I've proven above, while XC's sources remain closed, XC and BTC are exactly equal in anonymity, although BTC has more trust, because its base source code (not mixing one) is open & tested for 5 years world-wide.

Indeed, XC has another wonderful features, please do not focus on anonymity, let us discuss that features!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 22:18:56 UTC
Yes you are right.

But you guys forget, the same trick I can easily make with BTC. There are many mixers too.

So this kind of anonymity is not a destiny choice feature, that I should leave well tested & open source BTC and switch to poorly tested & closed source XC. Agree?


Hiding your addresses? No, you can't perform the same trick with BTC because ONLY XC has trustless mixing.


Sorry, while XC sources remain closed, I need to trust in Dan (XC's dev) I never ever seen in real life nor been a friend of.

So neither BTC nor XC has trustless mixing today (and possibly many months or years if ever).
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 22:13:13 UTC

XC is better than BTC because this transaction are anonymous !


You cant link transaction from the sender to the receiver and the same in reverse.

If you see 100xc more in a balance there is no link that it come from a balance where there is 100xc less !

Transaction are anonymous with XC not with BTC !


It is completely truth.

But in some real-life applications, it is not sufficient: hidden structure of your income does not matter, if total volume of your income is world-wide known. So, in that applications, you should take care of your XC address is not linked with somewhat address from real life, even email, etc.

It's irrelevant whether or not people can see your balance. If you don't like it simply send all payments to a temporary address and keep your xc in a secret address by sending anonymously from the temp address.  Problem solved. This could even be implemented into the coin I'm sure. If the mixer works there is no lack of anonymity.

Yes you are right.

But you guys forget, the same trick I can easily make with BTC. There are many mixers too.

So this kind of anonymity with extra secret XC address, is not a destiny choice feature, that I should leave well tested & open source BTC and switch to poorly tested & closed source XC. Agree?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 21:27:20 UTC

XC is better than BTC because this transaction are anonymous !


You cant link transaction from the sender to the receiver and the same in reverse.

If you see 100xc more in a balance there is no link that it come from a balance where there is 100xc less !

Transaction are anonymous with XC not with BTC !


It is completely truth.

But in some real-life applications, it is not sufficient: hidden structure of your income does not matter, if total volume of your income is world-wide known. So, in that applications, you should take care of your XC address is not linked with somewhat address from real life, even email, etc.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 21:22:34 UTC
this new round of FUD is initiated by no-brain retards?

so stupid questions they are raising.

there would be no anonymity coins, if stupid morons ask for hiding block explorer.


Agree with you in terms that anonymity is indeed a fundamental challenge, and today no coin can prove its anonymity. Nevertheless there are some coin family on the market with open source given, that does take a dare of anonymity. I can not speak about them here, restricted by thread rules.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 21:09:37 UTC
im in xc for the long run. but it hurts to see my money half haha.

Remember the price you bought XC, monitor 24h volume. Now it is being increased. So it is a simple dump, and after this, XC does likely lead to pump.

But take in account, XC has fundamental contingencies, that most community people do not accept. Such as XC closed source (at least for years) and the fact, XC is not anonymous, just a coin mixer - so one can easily check your balance or income, given XC address unveiled - exactly as with BTC:

http://chainz.cryptoid.info/xc/#!rich

Nevertheless, XC's coin mixer does work, and there are many other interesting features implemented, such as encrypted messaging subsystem, android client capable to stake coins just inside a phone, and many others.

My opinion, XC will copy destiny of NXT, so you will have few time windows to make a profit, if you have bought XC not at top price, of course.


XC is anonymous.

http://chainz.cryptoid.info/xc/#!rich

Yes, as BTC is anonymous, plus XC's coin mixer, that hides the structure of your income, not income total value.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 16/07/2014, 20:59:05 UTC
im in xc for the long run. but it hurts to see my money half haha.

Remember the price you bought XC, monitor 24h volume. Now it is being increased. So it is a simple dump, and after this, XC does likely lead to pump.

But take in account, XC has fundamental contingencies, that most community people do not accept. Such as XC closed source (at least for years) and the fact, XC is not anonymous, just a coin mixer - so one can easily check your balance or income, given XC address unveiled - exactly as with BTC:

http://chainz.cryptoid.info/xc/#!rich

Nevertheless, XC's coin mixer does work, and there are many other interesting features implemented, such as encrypted messaging subsystem, android client capable to stake coins just inside a phone, and many others.

My opinion, XC will copy destiny of NXT, so you will have few time windows to make a profit, if you have bought XC not at top price, of course.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 15/07/2014, 20:22:34 UTC

A fix for what?  XC wasn't attacked.  Anyway, in case your post was true and not a FUD attempt, below is the response from Dan.



In response to the attack that was carried out today on navajocoin.


While I am still reviewing the limited amount of information, based on my review of both the code and the available data, the attack was successful partly due to the 30 second block time.  

XC use's a 90 second block time.

I am reviewing the additional variables & Proof of Stake code involved in this attacked for any potential issues


Thank you for Dan citation, so we know this is most recent info on that subject today. Waiting for Dan's final conclusion and/or solution coming soon...

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 15/07/2014, 20:02:39 UTC
Hi guys! I've read some latest pages across...

Can anybody summarize, how is XC vulnerable to 51% PoS attack, such as made on VRC, etc.?
And is Dan searching a fix now in progress? Or he have found the solution already?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 14/07/2014, 21:49:35 UTC
Confirmed:

1. XC on main net with working Private transactions ENABLED through GUI (check box to send private under coin control options)

2.  De-centralized EM working on testnet  


someone should really make a / Features COMPLETED board with flashing green lights and check marks ... there is a lot of confusion since rev 2 release as to whats actually done and whats not.  

Basically we are on track for world domination as usual ... Smiley

Thank you for confirmation! I just getting weird why price & volume continue to drop down.. very slowly though..?
I've expected price to grow slowly al least..
 
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 14/07/2014, 21:29:28 UTC
Hello guys,

I was on vacation for a week, did not track this. Can anyone confirm that RC 2 is officially in production phase on main net? I mention decentalized mixer feature, not encrypted messaging...


Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 09/07/2014, 22:09:27 UTC


DAN METCALF = HERO

Do you really think this educated crowd will fall for that? You should try harder.. All of the FUDders should try harder. This is XC, we are tight and well informed

Just give us links to download XC Windows binaries, please.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 09/07/2014, 22:04:23 UTC



http://107.170.169.56/release/wallets/x11coin-qt.exe


I am still working through a minor bug on the simpledist command but the raw command works..



503 Error

Page not found

The page you requested was not found.

Also I tried the whole download section
http://www.xc-official.com/xc-downloads/
 - nothing there are. WTF?




He is Right the links for the wallet do not work anymore this shoud be addressed as soon as possible

May DAN METCALF run out with all our money? Still nothing to download Sad
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 09/07/2014, 21:47:17 UTC



http://107.170.169.56/release/wallets/x11coin-qt.exe


I am still working through a minor bug on the simpledist command but the raw command works..



503 Error

Page not found

The page you requested was not found.

Also I tried the whole download section
http://www.xc-official.com/xc-downloads/
 - nothing there are. WTF?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 08/07/2014, 23:35:43 UTC
And that's with 1/100th of the transactions bitcoin has.. so if it wants to get to level of bitcoin, it means over 100GB per month?

Teka is right. I said I stopped here. If you are interested in - ask on the proper forum, not here.

Sorry twice.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
btell
on 08/07/2014, 23:32:49 UTC
Btell from now on if you are talking about monero:

This an xc forum, send that person a message with link to a post in monero thread that you make answering their concerns.

I stop here. People asked me, and I have been answered all enough.

Sorry.