Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4146. (Read 9723787 times)

I just love the way newbies come on here and ask a question like this as if they're asking "In Detroit, what are the typical daily temperature ranges in winter?"

I was going to post in the XC thread that the term web 3.0 was mentioned here a few weeks ago, but I didn't want to waste my time on a self-moderated thread.

It's more than a little suspect that something gets posted here and a few weeks later something sounding remarkably similar finds its way into the press.

So, yeah - remind away.

BTW.

Didn't take you long  

So how low is DarkCoin going?

You have a fucked up vision of "safe"

So how low is DarkCoin going?

Ok, nice discussing this with you.

Darkcoin is anonymous, maybe a focus for the safenet is to have a safe internet to use the anonymous Darkcoin? I'm just reiterating now, but instead of trying to sell the anonymity of the safeweb, why not sell its safety?

NO r-ando, no filtering, no censorship, no control of any sort. The notions you keep propounding are ridiculous and ignorant. Propulsion's final summary point was "End users should take their own precautions on what type of content they and or others are exposed to". How much clearer do we all need to be?

This will be my last interaction with you as I'm clearly not getting too far.

"who is the end user, the one who decides to use the wallet, the one who decides to browse, please ask me more" what has this got to do with what the network is actually for? Are you saying "well some users might want this filtering/control feature"....(if yes, I really don't know what to say in light of everything that's already been explained to you)

It would appear that you have firmly planted in your mind that this "DarkTor" that Evan announced back on the 19th August is going to offer some sort of "fresh new start" Internet platform and be able to be free of pornography. As I and a few others on here have been pointing out for the past few pages, the notion of a private/anonymous network that also has restrictions on what content it carries, is the combination of two mutually exclusive concepts. Having a network that's filtered or censored in some way, whether by use of a regular commercial URL filter, some sort of skin-tones JPG image analyser, some sort of user voting/approval system or a panel of administrators that look through the content and decide what's not appropriate requires the web pages/data on the network to be fully open, unencrypted and trackable. Now I'm not sure if you're just having a joke with us all or you're just so fixated on what you think this think should be, you're simply not able to comprehend why the notions you're putting forward are completely unworkable, but I think it's been explained numerous times now that the content on a "DarkTor" simply cannot be controlled. As much as any of us don't want to see child porn being carried through this network, in order for it to fulfil its function, it has to be able to carry everything and anything otherwise (a has already been explained numerous times) the concept simply won't stand.

If you want to build a network that's free from pornography perhaps you need to go and find some religion-based crypto developers who are keen to develop something similar but without privacy, anonymity or full decentralisation and featuring a full filtering system that can remove any content and material that doesn't meet the owners' moral/religious standards.

"End users should take their own precautions on what type of content they and or others are exposed to". How much clearer do we all need to be?------------- Please don't turn a specific quote into a general thought, start thinking, and who is the end user, the one who decides to use the wallet, the one who decides to browse, please ask me more...

I would like to remind you of this

1. DarkCoin claims to be an anonymous cryptocurrency Let’s get one thing straight from the very beginning – DarkCoin is NOT an anonymous digital currency. It uses a special feature known as “darksend”, which is basically a protocol that labels transactions in a way that the destination and the source of the coins are vague. Darksend doesn’t provide complete anonymity, though. At best, it offers pseudonimity. DarkCoin use unscrupulous methods to promote its coin, and it won’t hesitate to promote it by using deceptive buzzwords; they labeled the coin as groundbreaking and completely unique, which is not. Apparently, at this point DarkCoin is as anonymous as Bitcoin.

2. DarkCoin uses Darksend, a closed source, totally unoriginal Darksend claims to be a unique DarkCoin feature, but it’s not. It was not developed by Evan Duffield, the lead developer for DarkCoin. It is solely an implementation of a CoinJoin specification created by one of the most important developers for Bitcoin, Greg Maxwell. To make things worse, Darksend is not an open-source because it’s not completed yet. This goes against the basic principles of the digital currency movement. What did they think, that the users will not notice?

3. DarkCoin can’t ensure payment anonymization DarkCoin has a lot of limitations, and that can only mean it can’t be trusted. While we can agree that it created a hype and made a lot of people curious, it’s definitely “dark” in nature. It uses “masternodes” that support darksend transactions. Recently, a bug implemented in the code stirred things up in the network, triggering continuous fork and making the coin nonfunctional. To fix this issue, a hardfork was required. Evan Duffield is well aware Darkcoin has limitations; however, he’s not concerned at all because the coin is extremely good at creating hype. Hype triggers price appreciation and thus, coin holders are the main beneficiaries. Are they creating a cryptocurrency or specialized PR?

4. Subsidy reduction and tremendous instamine DarkCoin has tremendous instamine linked to it. In the initial 15 hours, between block 1 and block 4000, there were created nearly 1.75m darkcoins. When the IekNpA1 period ended, Duffield claimed that the block reward calculations had a “bug”; to address it, he issued a hardfork, which led to a decrease in the block reward. The result: 80,000 blocks yet there’s only 4.3 DRK out in the open. 5 months later, 1.75m produced during the first 4,200 blocks still accounts for 40% of all existing DRK. Sorry for the ones mining after first 15 hours.

5. Shady beginnings DarkCoin started as XCoin, and for many it looked like a scam. It was launched without having a working windows client and mining the coin was really difficult. The ideal candidates to mine the first 4,200 blocks were, of course, Duffield and his associates. It looked like that “bug” we just mentioned was intentional. It allowed the developer to mine a huge number of coins for his own personal use, in a desperate attempt to shun the negative stigma linked to obvious premining/instamining. The users from outside of Duffield circle might have the feeling they are on the party they were not invited to.

6. Inexplicable problems Darkcoin experienced a lot of problems since its creation, and many users didn’t like this aspect. The “masternodes” were just implemented and used to “mix” the darkcoins, thus making transactions totally anonymous. Those who owned 1 masternode received 10% of the block reward, each time their masternode was selected. This could have been extremely profitable, if the user didn’t have to pay 1,000 darkcoins ($10,000) to set up their own masternode. DarkCoin was forced to change its code to use masternodes, and they performed a controlled fork of the block chain to attain their goal. Everything went smoothly for a couple of hours, after the masternodes started working; however, the Darkcoin blockchain fissured into many forks due to some “bad” masternodes. Another “helpful” solution to make the coin even less convenient.

eI9t28P7. Blockchain forks are bad for digital currency Are you ready to lose your darkcoins for good? Because with DarkCoin, that may happen. Sending DarkCoins during the fork can be extremely risky. Users may lose their darkcoins forever if they send them on the wrong fork. In the end, 1 blockchain will receive recognition, and if your coins wind up on a different blockchain, they will vanish. There are many reports with darkcoins fading from mining pools, considering that the pools were mining on a wrong fork. The exchanges took a hit as well, considering that DarkCoin deposited from wrong forks were confirmed initially and vanished afterwards. At least they are helping the users to practice their accuracy, thoroughness and conscientiousness.

 

8. The Darksend issue Darksend is a DarkCoin technology employed to surpass a deficiency which is not a main concern for 99% of users, and apparently it can be fixed with an easy proxy protocol analysis, since the root of the problem is IP tracking. However, Darksend is limited to 10 DRK. It needs 3 parties to mix up the coins, and since it is in beta stage, it is limited to 10 DRK. It is like using a Kalashnikov to kill a fly.

9. Unexpected price drops For connoisseurs, these drops were expected, especially since it was obvious from the very beginning, that DarkCoin was unreliable. DarkCoin prices dropped when information about the fork was revealed. It went from 0.025 BTC per DarkCoin ($14.50) to 0.016 BTC per DarkCoin ($9.35). This 36% reduction was drastic, and it led to frozen markets for withdrawals and deposits. Is the tendency completely random or just decreasing?

10. Disappointing statistical reviews – things are not looking great for DarkCoin. Here’s why:

Energy Efficiency — Partial
51% protection — Partial
Stability in prices — Partial
Compress protocol — No
Fast confirmation times — No
Prevent instamine — No
Expansion Scope — No
Transaction comments — No
No or less transaction fee — No
Anonymous Payment – No

NO r-ando, no filtering, no censorship, no control of any sort. The notions you keep propounding are ridiculous and ignorant. Propulsion's final summary point was "End users should take their own precautions on what type of content they and or others are exposed to". How much clearer do we all need to be?

http://cointelegraph.com/news/112415/a-glimpse-into-xcurrencys-mission-to-decentralize-everything

 

I don't mind that they copy me, I mind that they don't have any ideas of their own

Great feedback Propulsion! Thank you! So basically it would be better to incorporate a filter option for kids or sensitives... a Darkcoin Kids wallet and browser?