Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6387. (Read 9724017 times)

If you don't see how darksend can benefit the general public, you won't have any problems posting a history of all transactions from your current bank account, or all bank accounts you have ever had for that matter. Sure, bitcoin addresses do not necessarily have a direct link to any individual or organisation, but in many cases it would be easy enough to establish the owner of the wallet, especially if the information is posted in a public forum. If somebody has your address they can see all transfers in the blockchain and may be able to establish who you have done business with. If legitimate businesses accept bitcoin a lot of them would probably want to keep the same address, so payments aren't sent to the wrong address, causing problems with their clients. In many cases it might not be important but many people are not such exhibitionists that they wish for their finances to be public information.

Years of experience with manufacturing processes, specifically new process development, force me to double if not triple every number that that guy said . . assuming he's telling the truth.

So that's a few months x 2.5, 50k development x 2.5 (probably more, but sticking with consistency), 300M# x 2.5, 2k x 2.5 seems more reasonable to me.

If that few months x 2.5 is even close to a year then that's not nearly as bad.

Plus getting that kind of hash out of my GPU's would easily cost me above $50k in just computer parts . . so in comparison thats a far cry more reasonable than the scrypt asic field.

Numbers out of thin air for FPGA route  - I'd expect 300 MH/s X11 algo board with 6 Spartan 6 LX150 chips to be developed in half of year with 50000 USD development cost, production price would be something like 2000 USD per board. (Anyone with actual field knowledge is welcome to correct me!)

I'm a broken record here, but IMO they might not be the target audience, but they will be the ones who have the ability to increase price based on adoption.

Really then please explain who is the target audience and what is the target use? "People concerned about privacy". What does this mean? How will the coin be used in "private" on a large scale? Those who wish DRK adoption to the general public, that's all fine and good but DRK's main selling point doesn't matter to the majority of potential users.

I use Bitcoin for 3 purposes: 1. Hold for future appreciation, 2. Redeem for fiat, 3. Buy non-illegal stuff online (TigerDirect, etc.).

So what do i care about being private? For #3. I HAVE TO GIVE SHIPPING INFO. I think i'm generally in the mainstream when it comes to crypto, i use it, i invest in it, i believe in it, but I don't care about being anonymous.

I'm not trying to be a smart-ass, but please, give me some idea of what non-illegal transactions that it would be imperative to use DRK (and primarily DRK) for?

I just think it's naive to think that DRK can somehow gain mass appeal without -first- being adopted by those who want to buy their pot.

Those that want anonymity for nefarious reasons will still use the coin. They will give a price boost to darkcoin when darksend is ready. But they are not the target audience, IMO.

But from my simple understanding of FPGA's, wouldn't saying that if one could hit 300m# as was implied . . it wouldn't be much of a leap to say that a comparable ASIC would reach well over 1G#?

This seems very unrealistic, based on the typical GPU hashing speeds I see. Unless the miner were to be so inefficient that it makes these numbers non-scalable I can't see an FPGA coming to 300m#.

+1

The press only want to write about something controversial. If we give them dark themes they will write about the negative side. This keeps adoption low and the price low.



Those that want anonymity for nefarious reasons will still use the coin. They will give a price boost to darkcoin when darksend is ready. But they are not the target audience, IMO.

The articles in the press when darksend is out will have an illegal usage bias. We should be aiming for greater debate about anonymity from the blockchain. That way we get compared to bitcoin and an alternative to bitcoin from the word go.

Without question - this comparison will boost the price of darkcoin.

On that front, zerocash will be out in May. We don't want to let them be written about as the default alternative to bitcoin for those that want anonymity. Especially if we give it to them cheaply by holding back our brand message.

It may be uncool, but banks and financial services is supposed to be BORING. You don't want exotic people and organisations looking after your money.  Slick, elegant, upstanding, dependable, safe, trusted. These are the sort of brand messages we want to convey.

In an effort to appeal to our greed, a sensible approach can make you rich.

You want people to able to talk freely about darkcoin at dinner table conversation without having to preface their words by saying, "I know it's mainly used for buying guns and drugs, but I like using it because......'

Years of experience with manufacturing processes, specifically new process development, force me to double if not triple every number that that guy said . . assuming he's telling the truth.

So that's a few months x 2.5, 50k development x 2.5 (probably more, but sticking with consistency), 300M# x 2.5, 2k x 2.5 seems more reasonable to me.

If that few months x 2.5 is even close to a year then that's not nearly as bad.

Plus getting that kind of hash out of my GPU's would easily cost me above $50k in just computer parts . . so in comparison thats a far cry more reasonable than the scrypt asic field.

So he has actually no idea if those numbers are real, and frankly, while I am no expert either, they seem quite unrealistic to me.

A 300 MH/S scrypt asic goes for ~$2,500, so there is no way an X11 could go for the same price.

Additionally, at the moment, the market cap of scrypt coins is about 250 times greater than X11 coins. Even if the $50,000 development cost number was correct, that is 3% of the current market cap! That is an insanely high risk to reward ratio for a company to take.

tl;dr: I'm not expecting an X11 asic anytime soon. Whether it is good or bad is a whole other debate.

As slick as the black & white logo is, I think it sends the wrong message. It says, "we're trying to look badass". To me, it's the style of logo better suited to companies targeting a youth market, like energy drinks or extreme sports or gaming peripherals. In the context we're competing in (finance), it makes us look unprofessional/young/inexperienced, or like we're overcompensating.

https://www.google.com.au/search?q=extreme+sports+logo&espv=210&es_sm=122&source=lnms&tbm=isch&sa=X

http://breezycreativedesign.com/wp-content/uploads/2010/04/Mother-energy-drink-logo-design.jpg

http://cdn.dualshockers.com/wp-content/uploads/2013/06/razer-hd-61537.jpg


No-one can deny that these don't all look cool. But they're not suited to finance, where trust & reliability are super important.

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