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Topic: DARKCOIN: Unofficial Strategic Development of eCash - page 3. (Read 19153 times)

hero member
Activity: 504
Merit: 500
eidoo wallet
why no option for 100+ ?

last polls highest option was with 9+

where it reached 15+

It might very well reach over $100 by end of June.
sr. member
Activity: 294
Merit: 250
Curecoin will overtake Darkcoin.
legendary
Activity: 1185
Merit: 1021
why no option for 100+ ?

last polls highest option was with 9+

where it reached 15+
hero member
Activity: 966
Merit: 1003
ring signatures will never work 100%.

This seems to be the case as the 8x size of ring signature blockchain compared to bitcoin is a bloat that is impossible to overcome. Monero will just never be able to scale up to any meaningful number of users.

Happy to report that Darkcoin has figured a way to improve security even further but without the added bloat that ring signatures would cause:

RC3 Progress Report

I've had some substantial progress on DarkSend and have figured out how to make our existing system as secure as ring signatures. Vastly improved security, no bloat (from the ring signatures) and without actually having to trust new cryptography (it hasn't been extensively tested like what DarkSend uses) . So I think it'll give us a HUGE advantage in the coming months. More to come soon, I'm going to start implementing this tomorrow.  Grin
sr. member
Activity: 274
Merit: 250
First it has to become unfrozen again.
sr. member
Activity: 322
Merit: 250
None, as Monero will be the #1 anonymous coin once people realize ring signatures in Darkcoin will never work 100%.
legendary
Activity: 1456
Merit: 1000
Am I truely the only one to support firearms industry?

Still a bit early for the survey. I have to keep spamming the main thread for a week or two to get a good representation Grin
hero member
Activity: 966
Merit: 1003
Am I truely the only one to support firearms industry?

Isn't the anonymity of payment only a very small part of that? I'd think getting the actual product to the consumer "discretely" is overwhelmingly the hardest part.
sr. member
Activity: 274
Merit: 250
Am I truely the only one to support firearms industry?
hero member
Activity: 938
Merit: 1001
admin cross post

why exactly $214.5/DRK?

I did a rough calculation that gets to $1bn with increasing coin circulation. But anything north of $200 is acceptable.

What can we do to help make that happen? Preferably something else than recommending family and friends to invest in drk.  Smiley

family and friends gets you to $3.

lets leave it for tomorrow to carry on......

Because of time zones, I want to kick this off and bump later. It also gives people a chance to see where I'm coming from for the discussion so we don't have a random discussion later on my suggested strategy session for getting DRK to $214.5/DRK by Nov.

Quote
Get your thinking caps on, keep your powder dry until 6pm Eastern Time, 11pm GMT

Anyone want to join - suggest freenode #darkcoin?

...


All good starting points worth discussing.

Without buy-in from Evan, I'm afraid this exercise would be a waste of time.

Evan says go for it. Just chatted with him on IRC.
hero member
Activity: 938
Merit: 1001
admin cross post

why exactly $214.5/DRK?
I did a rough calculation that gets to $1bn with increasing coin circulation. But anything north of $200 is acceptable.
What can we do to help make that happen? Preferably something else than recommending family and friends to invest in drk.  Smiley
family and friends gets you to $3.

lets leave it for tomorrow to carry on......
Because of time zones, I want to kick this off and bump later. It also gives people a chance to see where I'm coming from for the discussion so we don't have a random discussion later on my suggested strategy session for getting DRK to $214.5/DRK by Nov.
Quote
Get your thinking caps on, keep your powder dry until 6pm Eastern Time, 11pm GMT

Anyone want to join - suggest freenode #darkcoin?

...


All good starting points worth discussing.

Without buy-in from Evan, I'm afraid this exercise would be a waste of time.
hero member
Activity: 938
Merit: 1001
Is this just a hyped coin or is it really here to stay?

the developer is full time for a minimum of the next two years - his words - he works on the project everyday. there are others in support and bounties from own pockets and community bounties for extra help.

a foundation is being set-up to get more people on the development side, promotion side and to help third party developers set-up services, products, etc.

Do you have more info on foundation? The only foundation info I have seen is the wiki. There is nothing about it on darkcointalk.

I haven't seen anything new. Guess its too early and too much going on.

I like this as a concept http://bitcoinassociation.org/about-us/

Bitcoin association built around decentralised autonomous corporation status, compared to Bitcoin Foundation.

DACs are interesting I would be interested more if there was a successful one. The Bitcoin Association is does not seem to be important.
legendary
Activity: 1456
Merit: 1000
Is this just a hyped coin or is it really here to stay?

the developer is full time for a minimum of the next two years - his words - he works on the project everyday. there are others in support and bounties from own pockets and community bounties for extra help.

a foundation is being set-up to get more people on the development side, promotion side and to help third party developers set-up services, products, etc.

Do you have more info on foundation? The only foundation info I have seen is the wiki. There is nothing about it on darkcointalk.

I haven't seen anything new. Guess its too early and too much going on.

I like this as a concept http://bitcoinassociation.org/about-us/

Bitcoin association built around decentralised autonomous corporation status, compared to Bitcoin Foundation.
legendary
Activity: 1456
Merit: 1000
hero member
Activity: 938
Merit: 1001
Is this just a hyped coin or is it really here to stay?

the developer is full time for a minimum of the next two years - his words - he works on the project everyday. there are others in support and bounties from own pockets and community bounties for extra help.

a foundation is being set-up to get more people on the development side, promotion side and to help third party developers set-up services, products, etc.

Do you have more info on foundation? The only foundation info I have seen is the wiki. There is nothing about it on darkcointalk.
legendary
Activity: 1456
Merit: 1000
I want to clear up some facts which I'm seeing propagated around this community about the CoinJoin trustless mixing used in Dark Wallet.

Dark Wallet coinjoin goes through a server, but the server cannot see any details of your transaction nor can they steal your coins. All details are encrypted for the counterparty, and all signing happens in the client.

The only weakness here is that a server gets taken down stopping the service in which case you switch to another service. Even if the NSA controlled the server, they wouldn't be able to steal your coins or observe your transaction at all.

Lastly the server is sharing messages with other servers (we are improving this too), so it isn't really centralised. It is federated kind of like how different email providers inter-operate with each other. The decentralised aspect will only improve over time as we develop standards and deploy technology.

More info: https://bitcointalksearch.org/topic/m.6526623

DW dev

It is centralized or it is not. Like being pregnant. You cannot be a little bit pregnant. Dark Wallet, although I believe it can be a great tool, is still centralized. You have to trust a 3rd party somehow. DarkCoin is decentralized.

Well, I don't know .... I mean, if I had twins or triplets, I think I'd start seeing singles as being a little bit pregos.....  Grin  Cheesy  Grin


Is this all the techies around here have to say about that? As an investor, I`d like to know more about it (true, not true, partially true etc), because it adresses the supposed "unique selling proposition" of Darkcoin.

Quote
Dark Wallet’s developers admit it’s still at an early stage, and that, like any cryptography project, it will only prove itself and patch its bugs over time. Taaki says, for instance, that the software will eventually combine more than two users’ payments in every CoinJoin transaction, and also integrate the anonymity software Tor to better protect users’ IP addresses. In its current form, Taaki says Dark Wallet protects IPs only by obscuring them behind the server that negotiates CoinJoin transactions, which may still leave users vulnerable to identification by sophisticated traffic analysis. “It’s not foolproof, but it’s a strong tool,” says Taaki. “And it’s going to get better.”

http://www.wired.com/2014/04/dark-wallet/

Quote
The DarkWallet alpha release is our first release, aimed at showing and validating the different features with the community, before we have to settle it as finished and stable.
You can Create an identity in testnet to avoid risking real money with this alpha software.

https://wiki.unsystem.net/index.php/DarkWallet/Alpha

Its still a work in progress, it has problems, its using a central routing system (them), it's a browser plugin (might be risky), to get better anonymity you have to do some active work to get stealth addresses - it looks good as a third party service for bitcoin, but its not there yet or proven; which is straight from the horses mouth.

The USP of darkcoin is this: every wallet is set by default to mix transactions so its decentralised from the source. The mixing takes places through distributed master nodes which anyone can set-up provided they pay x DRK to prevent anyone from setting up rouge nodes with very little cost. So the start of the mixing is decentralised and the mixing is decentralised. The blockchain is useless.

As a user you don't have to do much, so the hurdle to participate is downloading a wallet. From then on, you have access to electronic cash.

legendary
Activity: 1456
Merit: 1000
Is this just a hyped coin or is it really here to stay?

the developer is full time for a minimum of the next two years - his words - he works on the project everyday. there are others in support and bounties from own pockets and community bounties for extra help.

a foundation is being set-up to get more people on the development side, promotion side and to help third party developers set-up services, products, etc.
legendary
Activity: 1456
Merit: 1000
All, the hardfork will break p2pool code. There is currently a bounty of

300DRK + US$100

to update the p2pool code. MPOS was already patched and NOMP was patched today.

If you cannot personally program, spread the word. I am working to get this on the Darkcoin twitter feed and at that time it can be retweeted.

Bounty info -> https://darkcointalk.org/threads/developement-work-for-p2pool-and-nomp-stratum-patch.360/

Old p2pool code -> https://github.com/chaeplin/p2pool-drk/issues/4

Updated MPOS Stratum code -> https://github.com/darkcoinproject/darkcoin-stratum

Updates made to NOMP -> https://github.com/zone117x/node-open-mining-portal/commit/c3a15ad200d6e5095931af06af48e43a31676e6b
hero member
Activity: 504
Merit: 500
eidoo wallet
Looks like Iloveanoncoin is a bit butt hurt. I think he feels threatened by the anonymity that darkcoin can offer. There is plenty of room in crypto for other anonymous coins, so whenever anc implements the zerocoin, I will more than welcome it.

Anoncoin, in itself is a fail coin, no idea why he "loves" it, zerocoin is also centralized similar to ripple...so Darkcoin is the only answer to cryptocurrencies for anonymity.
hero member
Activity: 658
Merit: 500
Looks like Iloveanoncoin is a bit butt hurt. I think he feels threatened by the anonymity that darkcoin can offer. There is plenty of room in crypto for other anonymous coins, so whenever anc implements the zerocoin, I will more than welcome it.
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