I suppose, for fairness to Darkcoin, I should complete the picture.
The other day I did quite a lot of background research into they guy I consider to be the "real" inventor of Darkcoin - this guy here:
http://en.wikipedia.org/wiki/David_ChaumDuring my research I discovered a whole pile of other interesting stuff which quite floored me - namely that the "Darkcoin project" is actually about 33 years old in it's wider aspects and that it has a substantial technological, academic and - surprisingly - commercial heritage.
Rather than write it all again I'll just quote my original posts which I'm sure some of you already read. Sorry if it's a bit alarming - I was deep into reading at the time and got a bit stunned by all the background that I'd uncovered. Still I think it's very worth knowing about if your interested in DRK and it's "true" history:
Meet Darkcoin's real inventor...if Evan Duffield was Apple Computer then this guy would be Xerox Parc
http://en.wikipedia.org/wiki/David_Chaum(I wonder what he thinks about all this now).
It would be nice if part of those bounty DRKs could be entitled to people like him.. would also help on the PR scene.. building the image of the coin as one, which pays its dues to its ancestors..
+ 1401
I don't think people realise how much work has been done to get to this point. They think it's just a couple of guys hammering out some code.
Also check these guys who wrote the 2nd paper referenced in the Darkcoin white paper. Now check what their number 1 reference paper is....
http://ojs.academypublisher.com/index.php/jnw/article/viewFile/0508921928/2053...and this one...see references 4 and 5.
http://eprint.iacr.org/2014/077.pdfEveryone stands on the shoulders of
Chaum who was into this stuff 33 years ago. Talk about being ahead of your time
then later...
Wow, this is amazing - this has all been done before - in a centralised manner.
Read this....
http://cryptome.org/jya/digicrash.htmChaum appears to be a kind of irritating genius who's ideas were way ahead of their time. What we know as Darkcoin is actually Darkcoin 2.0.
1.0 had Microsoft, Netscape and ABM Amro bank and every venture capitalist going interested (cos it was "centralised"). Just shows you - they know exactly what's going on. They just can't get their hands on it today because it's now decentralised so they try to look disinterested, but if they could they'd be all over it like a rash as this testimony clearly demonstrates.
Incredible !