Xmixer Ready for Release: XCurrency’s Trustless Mixing Earns Revenue
Ever since Bitcoin was introduced in 2008 one of its most attractive features has been its “anonymity”. The fact is however that Bitcoin is not truly anonymous. There are several attempts by companies to create a truly anonymous, and thereby secure, cryptocurrency. One of those companies, the creators of XCurrency (XC) and their new Xmixer, may be making this a reality in the very near future. This release is the finalization of an anticipated new private payments technology that incorporates two exciting new features. The release is scheduled for today, September 15, 2014. If everything....
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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....
XCurrency's hotly anticipated finalization of its private payments technology will allow nodes to earn revenue for trustlessly forwarding transactions. XCurrency is set to release its finalised Rev 2 technology on Monday 15 September, and in addition to a yet-to-be-announced "coinjoin killer" feature, XC's apps will gain the capacity to earn fees for the trustless mixing of transactions. This will incentivise users to bolster the network's security, increase its capacity to process private transactions, and of course represent remuneration opportunities for XC users. In contrast to other....
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....
Following an announcement earlier this week regarding Xmixer which would enable trustless mixing for XCurrency, some good news has been shared by the development team over at XCurrency. Much time has passed, and finally, XCurrency has released the final component of its privacy-centric payments solution: trustless ad hoc mesh networking. It is a single protocol such as the bitcoin blockchain, and its primary function is to allow any app on the XC network to communicate on behalf of other apps without the others having to trust them. “Put briefly, when someone makes a private payment using....
Today, XCurrency has released a brand new trustless mesh network that looks to create revolutionary advancement in privacy, scalability and mobility. This is the final component of the company's Rev 2 privacy solution and is a single protocol with many possibilities for users and enthusiasts. This new service will allow any node to communicate on behalf of others, without having to trust forwarding nodes. The addition of XC's trustless ad hoc mesh networking comes just months after the company announced XMixer, where nodes can earn revenue for the trustless forwarding of transactions. It....