XCurrency Plans to Launch Public Corporation, Currently ‘Bullet-Proofing’ Its Code
Less than two weeks after we reported on XCurrency’s trustless mixing service, the currency’s developers on Wednesday announced plans to form a corporation, sell shares and submit its code to outsider scrutiny to see whether anyone can break through its privacy features. First, the corporation: XC, Inc.’s formation will allow the currency’s team to participate in the commercial projects necessary to realize its vision of a distributed Web 3.0, which we covered earlier this month. “[I]n order to do so, XCurrency will need to function as a licensed public entity, and thus will be registered....
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XCurrency. XCurrency is an altcoin with a focus on user anonymity. After rising quite a bit during mid-2014, the XCurrency price has been locked in a prolonged decline. However, the XCurrency price has risen 20% this week. Is this the start of a recovery? Also read: Nxttycoin Price Plummets As Encrypted Messaging App Fails to Catch On. XCurrency Price Up 20% This Week. The XCurrency price rose 20% this week after enduring a multi-month decline. The XCurrency price began the week at 31,219 satoshis. The downward skid continued until November 28, when the XCurrency price hit 30,314 satoshis.....
The recent altcoin price uptrend has injected large amounts of capital into several privacy-centric coins competing with Darkcoin to become the currency of choice for those who wish to engage in both commerce and communication without publicly revealing their identities. At the forefront of this rally is the XCurrency price, but several smaller altcoins such as Shadowcoin have experienced significant price boons as well. XCurrency Leads Privacy-Centric Coin Price Rally. XCurrency is one of many coins vying for the top spot among privacy-centric coins. While Darkcoin currently leads the....
The push for full privacy and anonymity, as opposed to psuedoanonymity as currently offered by Bitcoin, within a digital currency network has reached a fevered pitch in recent months. Recently, source code from a previously secret NSA program found in Germany known as xKeyScore has shown the specific search terms, websites, and email chunks that will result in all data from your IP being pulled and saved in NSA databases for future cracking and snooping. Just visiting sites or reading articles about privacy-enhancing software such as the Tor Project, the Linux Journal, or Tails puts you on....
XCurrency is set to launch its eagerly awaited Rev 2 technology this week which will allow nodes to earn revenue for trustless mixing of transactions. The new technology, Xmixer, will enable the boosting of network security, scale up the processing of private transactions and provide revenue streams for users of XC. To understand why this is a "killer-app", it is necessary to understand what is meant by coinjoin. Coinjoin is a protocol that enhances the security and privacy of transactions by enabling users to build shared transactions that prevents unscrupulous individuals from tracing....
After my last article highlighting some of the anonymity players in the market was published I was asked (more than once) why in the world I neglected to mention blockchain 2.0 focused, strong anonymity player, XCurrency. My reasons for this are two fold in that 1) there is no way I could cover all the players in the anonymity market in a single article and 2) XCurrency seems to be much, much more than a simple “one trick pony”. So with that in mind let’s take a closer look at what exactly XCurrency has to offer and see if I can’t make some of my readers happy in the process. Ranked at #15....