Why is DRK a scam and why do the Monero crew want to take it down?
~BCX~
It's not a scam and it's Monero's closest competitor functionality wise.
I'll never understand why people like to bring/take down other currencies. There's enough space for all of them.
My current deal with Monero ends on December 20th as we came to an agreement for 60 days of BCX free Monero.
Where we go from there, who knows?
They have however offered a proposition for DRK but I wanted to find out about it first.
I think they feel that DRK is why they are steadily falling week over week.
If a coin is good I have no interest in bothering it but if it is a scam, shit is on.
Let's hear the good, bad and ugly!
~BCX~
I think DRK deserves support from the community as Evan is really innovating and adding value to the crypto world. Darkcoin team is an example of innovation and transparency. Evan introduced the x11 the algorithm that became a popular alternative in 2014 and gave GPU miners an ASIC free alternative, at least for the time being, giving the coin an opportunity to grow before ASICS can be developed. DRK also improved on the KGW idea and created the difficulty readjusting algorithm DGW3 (Dark Gravity Wave) including corrections for some important attack vectors, I believe Evan solved the time warp issue that was present on KGW and other coins have adopted his alternative since.
Darkcoin is also the first and only to bring a working, open source, privacy technology to production under the Bitcoin code base. Darkcoin voluntarily requested an external review by Kristov Atlas and has received many contributions from different people that help make it better.
Next in the list is implementing instant transactions technology, here is the whitepaper on how it will be implemented:
https://www.darkcoin.io/wp-content/uploads/2014/09/InstantTX.pdfAnd here is the video demonstration of the first instant transaction on private testing:
https://www.youtube.com/watch?v=zBjUPj-TmFE All of this development is done openly, we utilize external auditors, run release candidates on testnet for extended periods of time and fix any bug reports we get from the community until versions are stable for release.
Darkcoin is developing new features, publishing relevant technical papers, is fully open source and has a large community of supporters that work very hard for the coin. I think this is the kind of project that deserves your support, please consider making an investment or mining DRK.