Monero haters at it again...*IceBreaker/Smoothie*. They just went down like 15% and you don't see us in their ANN thread
The reason I never bother posting in there is because it isn't a serious project in terms of cryptocurrency adoption and Cryptonote’s never been a threat to Dash (or Bitcoin) for 2 reasons:
[1] - it's a concept based on the credit money system which essentially performs a record-keeping function that requires privacy through obscurity, as opposed to a cash model which supports anonymity through fungibility (for a commentary on why it's important to function as cash before credit,
see here)
[2] - given bitcoin's consolidation of its position over the alts last year and subsequent growth of its ecosystem, the prospects for any technology with a non-compliant commercial interface are almost non-existent now
The interesting thing is, iCEBREAKER must know this since he’s not altogether void of some understanding of the subject. Thats why I've never really entertained the idea that he believes his own b.s. and just assumed that he’s persuing some other purpose.
On the other hand there is a hard core of the mining community who have a kind of religious obsession with the sanctity of the emission curve over everything else and it could just be that he’s a fully paid up member of that ‘cult’. Which one it is doesn’t really matter because the fact is that in the history of monetary media, the market has always valued the properties of money far and away over how it came into being. Gold became money because it had the right monetary properties and the fact that a few Klondyke speculators ‘fastmined’ it and sold it into the market for dollars to non-miners only helped,not hindered, its adoption.
If the market had bought the idea that the credit-money privacy model was appropriate to a cryptocurrency, cryptonote would have blown away the top 5 market cap currencies months ago. It didn't, it hasn't and the challenge only gets harder from here. The GUI wallet stuff barely scratches the surface of its problems and is largely superficial compared to the challenges of attracting
payment processors,
mobile solutions and
quality independent blockchain services to support you. Despite the boasts of support from “academics”, the fact is that it's “academic” that that type of book-keeping based privacy is destined for permanent "also ran" status other than as a bitcoin sidechain.
The iCEBREAKER agenda has therefore only 1 tool left its hype-box - that is to persue a single-issue wrecking agenda to attempt to get people to buy into his priorities at all costs. He does this by spreading lies, distortions and outright self serving fear propaganda. For example the idea that he takes credit for the failure of “XC, Neucoin, VNL et al” due to fudding is laughable. As has been pointed out, some of those projects are still successful and the ones that aren't failed for the single biggest reason that any alt coin fails (including the other 500 that he didn’t fud) i.e. They were not originals in their class.
Look at the
top-10 market cap coins - save for the odd one that pops up occasionally for a time - they are all originals. They also exhibit a diversity of launches, few of which would be universally regarded as “ideal” by the wider public who have yet to encounter cryptocurrencies, and that includes Satoshi’s
private 'test mine'. However it gets justified by the mining cult, it’s an “instamine” by any broader public standard.
As for the rest of iCEBREAKER’s agenda, no description I’ve seen does more justice to it than the closing quote below which should be required reading for everyone in this thread. For example he promotes the idea that obscuring the blockchain supports privacy and somehow “protects you from government”. Well our fiat bank accounts are similarly obscured and all that does is facilitate their corruption, hidden from public view. The fact that there’s no counterparty involved solves nothing - it just means there’s no-one to back the meaningless numbers in the invisible “accounts” anymore and that the emperor has even fewer clothes than before.
What's needed is a blockchain that is fully
fungible,
high performance,
public and
anonymous. Whatever amounts of FUD people like to post in this thread, last time I checked there was only 1 project pursuing all four of those 4 objectives and doing so with uncompromising determination.
As I say, I prefer to make constructive, analytical contributions to this thread rather than to be trashing other coins or other posters, except when they come here to regurgitate endless variations of the same self serving trash monologue of their own.
That's the longest shitpost I've seen in a while!
But characterizing criticisms of Dash as "iCEBREAKER’s agenda" is a very weak way to deflect attention from
admitted weaknesses like the insta-mine.
Instead of voluminous speculation about my possible motives, you should be worried about the stinging rebukes administered to Dash by noted crypto/code experts like BTC core devs Peter Todd and Gmaxwell (as well as former Dash dev vertoe).
i left because i disagree darkcoin or however it will be called next year is not a decentralized entity. it never was but i ignored it as long as darkcoin was following the same path i was following.
this currency is lead by a single person. darkcoin is like an old conservative company with strong hierarchical comamnd structures and a single person on the top of the pyramid. evan duffield. the rebranding using a detergent name was just a step forward in creating something like apple or paypal.
fuck this i tell you. what we need is a trustless, decentralized and anonymous currency. darkcoin is not decentralized as it still relies on a single person. and this reaches deep into the code base.
the core devs were just a bunch of volunteers exploited for the big thing.
the extended darkcoin team was the same with even a lower place to sit on that pyramid. and what was the darkcoin foundation again? right, something to reserve some rights on some names and collect money. who nominated and voted for the foundation board? who does even know who are these guys? how did we learn about the foundation? from local news papers!
the team listings kept counting names of people nobody ever noticed before. and they never committed anything visible to the community or the repository. and i was spending 25 hours a day monitory everything that happened in the darkcoin community for more than a year.
the things going on here are fishy, intransparent and rely on a single entity.
i will get out and and will contribute to something decentralized and anonymous. i always hoped darkcoin could fill that void. i cant blame anyone to stay with this project. you are probably investors trying to win a gold donkey. or you are simply trying to exploit every possible vector of profit in the coins space. whatever. you are not here because darkcoin is something it claims to be.
if you disagree with my statement above, i dont care, but answer that simple question: what if evan duffield suddenly announces he quits the project tomorrow morning?
vertoe's whistleblower report has been confirmed by noted Bitcoin core dev Peter Todd.
Peter Todd calls dash "snake oil."Peter Todd calls dash's instant-x fake.Peter Todd calls dash "bad crypto."Peter Todd's unfavorable evaluation of Dash is confirmed by fellow core dev (and crypto-expert) Gmaxwell.
Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach.
CoinJoin is trustless— which is orthogonal with centralized or decentralized, it could be implemented several ways (though trustlessness is usually a prerequisite to a decenteralized implementation).
Post 5 in the CoinJoin thread writes in depth about implementing it in a decenteralized way,
none of which appears to have been implemented by the darkcoin developers as far as I can tell— from what I've heard it seems that they're not even able to understand it. (This is a disappointment to me, since I was trying to describe these ideas clearly so others could understand them.)
More amusingly, what DarkCoin does is highly centralized because the software is closed— you can't get more centralized than closed source. What the actual behavior is, is anyone's guess— it's impossible to review due to it being closed— though "masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.
From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.
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