Is RC4 working properly ?
That's the puzzling thing about it. RC4 is actually ok with darksend round = 1. The price drop surprised me.
Shitty timing... its been a bloodbath week for lots of cryptos... though in the big picture of 12 month cycle... not to bad...maybe except for ltc. im still way up... and that is why... long term investing in fundamentals always wins.
Its not just the timing. Its the non-existing outlook. Markets always need something to look out for, some kind of phantasy. That's what makes them advance.
For instance if RC4 would have announced as a fixed date and time, we would have seen a much bigger price rally. People would have set up countdown timers, tweets about upcoming RC4 would have been made etc etc
THATS whats drives markets! You need always to deliver outlooks! At the moment we have no outlook BEYOND RC4. The market recognizes that we will soon have a working anon, nevertheless: "What comes next?"
No matter what comes next it should be communicated early.
OUTLOOK boys, thats all that matters in markets.
Outlook BEYOND RC4.
The outlook is ip obfuscation
I doubt you will be able to build a rally upon that. Strengthen the anonymity further is good but thats not whats been looked after at the moment.
We need some phantasy/goal BEYOND a good and working anonymity. Whats comes next?
Today I bought back in DRK (short term investment?). I mined DRK in the early days and cashed out when it had the massive pump. Today I have holdings in DRK, Cloak (my main holding) and BTC. Cloak has also got anon and got a massive list of projekts, super active devs whos always in cloakcoin IRC channel, they are working 24/7 to make the coin useful for other then speculation. I have tried to figure what the DRK devs are up to other than make the coin annon, but I havent found out any other projekts? I had a rather big stake in Vertcoin and mined it from start, back then it was "ASIC resistant" who where the tech who got the coin pumped. I got a feeling that DRK may bleed out (just as Vertcoin did when they promoted "ASIC resistant") if they havent got more plans.
So please tell me why DRK is a better coin in the long run than Cloak or XC?
OK, will give you my key reasons:
1) DRK is the first truly anon in here - anonymity is what was missing here and will be increasingly sought after not only by cybercriminals, money launderers, but community in general.
2) DRK has a catchy name clearly outlining its purpose. Don't laugh - it is an important factor and reason why plenty of other nonsensical names are not understood by investors. Sending a clear message is crucial in this messy altcoin environment.
3) Active Devs implementing real changes, increasing profesionalisation of the development, active community (proved by largest number of pages on bitcointalk). The design of wallet and promotion will be significantly facilitated by a number of capable members of the community.
4) Development is transparent & progress can be seen on darkcointalk. There is no effort to conceal the issues and massage the community with PR.
5) What I see as a key thing - the masternode concept that replicates P2P TOR-like solution implementing POS which will be not only key feature for assuring anonymity but will also lead to P2P services with benefits we may not currently foresee. Also, a prospect of continuous income from operating a MN is tempting for me as well as for the other investors.
6) There is a positive outlook with Kristov review in line and since he has not sold his coins yet I do not expect serious issues there. Making the Dark Open sourced, ironing non-critical issue, implementing cool wallet design, promotion among chinese exchanges.... Even though it looks a bit bleak at the moment I believe good times are ahead of us.
My only regret is I discovered DRK too late to reap the great early prices and too soon so I can not buy much more at the moment
1. Agreed
2. Agreed
3. Ok, but I feel its "only" anon tech and its still a work in progress.
4,5. Is this 100% trustless like cloakcoin annontec? I hear nodes can be compromized if u have enough nodes? There is sooo much FUD going on so its hard to keep track.. Cloakcoin Is already building Onemarket (like ebay fully decentralized)
6. Well Its better to have some money in the most promising coins. At the moment Cloak is Dirt cheap so I have the largest investment there, got BTC and DRK atm, looking at XC.
Yep, currently most of the development is about anon and yes, it is trustless. There is an extremely small possibility of tracking the transaction if you get your hands on high number of nodes but in practice that never happens - that is why TOR which is suffering from the same theoretical weakness is used by masses without ever being compromised (I am talking about core infrastructure, not the TOR bundle, where browser can be subject to vulnerabilities).
The design of the new wallet is in the advanced stage and looks extremely user friendly, nothing like the current implementation.
I will get a few hundred cloaks if it gets below 0005 - was thinking about buying it today but then it went up again.