Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6761. (Read 9723522 times)

Have you guys read this article? http://cryptolife.net/breakdown-anonymizing-cryptocurrencies/

EDIT: OOPS! FIXED , WRONG LINK

Darkcoin

Darkcoin has a feature called “darksend” which is really just a cutesy name for it’s implementation of gmaxwell’s coinjoin specification. Essentially, inputs from multiple entities are grouped together and treated as one transaction. To an outside observer, this makes it much more difficult to tell exactly what addresses belong to who.

The nice thing about this implementation is that it doesn’t require much additional overhead, and doesn’t require trusting third parties, meaning it could reasonably be implemented into bitcoin. At the same time, the level of anonymity it affords is moderate at best. It is best used in conjunction with other methods of anonymity. On it’s own, it likely isn’t enough. AFAIK, darksend isn’t publicly released yet either.

So youre saying that you want to buy........xD

I sincerely hope that those who must protect us from crime will find a way to track illegal activities even if those doing illegal things are using darkcoin, as long as it's not invading the public privacy.  I just don't want the public to know what I'm doing with my own money/coins.  That's a private matter!  Who needs to know I spent $1000 at Disneyland buying hats?  If silly hats were my thing, nobody needs to know!  It's my business, and I'm sure I wouldn't want anyone to know that I spent so much at a place even so it wouldn't tell anyone what exactly I bought.  It just doesn't need to be in the public ledger!

Who needs to know I spent $1000 at Disneyland buying hats? 

And pooty kaka!  I got  windows update last night which reboot my system, turning off my little miner, and just realized I forgot to turn it back on    !

Hey people, this is a special coin, with a great development team.  If you bought them to make a quick buck, I'm sorry, it wasn't designed that way.  If you can hold on to them, I'd do so until they're at least worth 10 times more than you bought them for.  Otherwise, there are new coins every day that you might squeeze  profit out of before it crashes.  

Unless our development team abandons us, I think this coin is here to stay.  It wasn't designed to be a pump and dump.  If you look back in the thread, you'd find several points where our developer was buying up the coin 20,000 at a time to fuel his promotions, etc...  A developer buying his own coin?  Yes!

Now everything else is the market going haywire.  People buy and sell not having any conception of what they're dealing with.  Bitcoin is a mess (but still frankly healthy at over 500 dollars per bit) and crypto is still barely entering the public conscious, where people loose faith quickly, and dump at the first troll they read.

Why am I writing? LOL  I guess I'm just trying to help those who are green to economics and need a little perspective, I'll shut up now ;P

BTW, talking about fiat currency, my grandmother in Germany told me of how the government couldn't print money fast enough to keep up with inflation.  They went from work, collected daily pay, ran to the stores to buy food before it cost too much again to buy.  It was crazy.

You think government backed currency is safer?  LOL, Ok then!  History has a tendency to repeat itself.  I wouldn't put all my eggs into one basket, though. I  must say it's nice to have discovered this new type of basket to keep around

I sincerely hope that those who must protect us from crime will find a way to track illegal activities even if those doing illegal things are using darkcoin, as long as it's not invading the public privacy.  I just don't want the public to know what I'm doing with my own money/coins.  That's a private matter!  Who needs to know I spent $1000 at Disneyland buying hats?  If silly hats were my thing, nobody needs to know!  It's my business, and I'm sure I wouldn't want anyone to know that I spent so much at a place even so it wouldn't tell anyone what exactly I bought.  It just doesn't need to be in the public ledger!

Someone needs to make a Darkroad. That would generate so much publicity.

http://www.pcworld.com/article/2102580/lawmaker-seeks-us-ban-on-bitcoin.html

More talk about banning or limiting Bitcoin use. As if the US dollar or any other fiat are safer. They are subject to blatant macroeconomic manipulation. Nothing will save the US dollar (and the rest of the world) until the US government cuts spending and borrowing. They will have to eventually. The current money printing will lead to massive inflation in the not too distant future. The US gov will have to default on the debt and let inflation wipe it out. There is no way they can pay it back. It's going to result in major turmoil for most asset classes - stocks, bonds, real estate - and people will look to gold and the most successful cryptos for storing wealth.

Can only mean more reason to support DarkCoin and increased privacy for users.

Well remember what happened to silk road owner? Must admit the trend of bitcoin cost has been down after his arrest.

Someone needs to make a Darkroad. That would generate so much publicity.

Yup, looks like things have stabilized and the thread has turned around as well. I imagine it'll take another couple days but we're back on our way. Can't wait until the next DarkSend test.

Price seems to be very stable. Really hope that the dumper is done.

Someone needs to make a Darkroad. That would generate so much publicity.

I'm so bullish about darkcoin, I see this as a coin that has a good chance of going to $100 in 2015.