Anonymous and untraceable transactions are already being implemented by Bitcoin (like Coin Scrambler). So, are there any reason to still invest in Darkcoin? Why shouldn't I sell all my Darkcoins for Bitcoins now?
Here are a few reasons I posted a while ago...
1) Unlike Bitcoin, Darkcoin transactions are anonymous/private (off block-chain anonymity and quantum computing proof)
2) Darkcoins anonymity feature "DarkSend" has been carefully designed to ensure user’s anonymity isn't uncovered through known attack vectors. This cannot be said for other on block-chain anonymous coins
3) Darksend is far more advanced than the CoinJoin system it was originally based on. Mixing coins through Darksend is Safe, Secure, Decentralised and nobody can steal your money because the coins never leave their wallet.
4) Darkcoin Transaction Confirmations Are Lightening Fast* (20 - 30 seconds instead of Bitcoins 60 minutes)
5) Merchants don't have to worry about the double spend 0 confirmation risk that Bitcoin has*
6) Darkcoins are secure at the Protocol level**. This means even if somebody steals your wallet or your private keys, they still can't access your money.
7) Expansion proof... Unlike Bitcoin, Darkcoin's development and innovation won't slow down as the network grows due to the fear of the network failing. Darkcoin's revolutionary SPORK upgrade process ensures any problems can be quickly and safely fixed no matter how big the network gets.
Dual Network Protection - The masternode network enables the developers to innovate without fear as the standard network is always there to fall back on should the masternode network fail (which is unlikely)
9) Dual Network Protection - Should the Masternode network ever fail (even for a few minutes) transactions will still go through and they will still be anonymous because the coins will already have been through the Darksend process.
10) The X11 algorithm ensures Darkcoins miners are more environmentally friendly than Bitcoin miners.
11) The Dark gravity Wave difficulty Algorithm ensures mining is always fair
12) The Darkcoin Network Provides 2 forms of income generation - Mining and Masternode Hosting. You can invest and gain interest from the network while at the same time making the network stronger.
13) Because Darkcoin is based on the Bitcoin code and uses the same API it will be very easy for merchants that are currently accepting Bitcoin to also accept Darkcoin.
14) The Darkcoin team is growing weekly. Highly Skilled Developers, Security Experts and Economic Experts are giving up their spare time to be part of a project that will truly change the financial landscape
15) Darkcoin is the eCash people have been dreaming of for decades and it takes cryptocurrencies to the next level
16) Darkcoin has massive potential for innovation. We have only taken the first steps!
17) If you Wish you had invested in Bitcoin when it was worth $2.50, take a look at Darkcoin, It's what Bitcoin was supposed to be!
* When InstantX is released (estimated January/February 2015)
** When Protocol level 2-Factor Authentication is released (estimated March/April 2015)
That's a brilliant and very well considered list dazbarlby. Thanks for taking the time to prepare it and ensure accuracy via the footer notes on InstantX and the plan for 2FA. Great work!
