DARKCOIN: Unofficial Strategic Development of eCash - page 6.

TTM

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Activity: 140

Merit: 100

Quote from: leopard2 on April 22, 2014, 02:38:52 PM

Quote from: thelonecrouton on April 22, 2014, 10:03:45 AM

Quote from: coins101 on April 22, 2014, 05:37:36 AM

Led by Professor Matthew Green of Johns Hopkins University, Zerocash will be using Blue Midnight Wish as its hash algorithm and will rely on new anonymity features and proprietary source code that are expected to provide greater anonymity compared to Darkcoin but at the cost of not being fully vetted or tested.

Utter failure, right there.

Does proprietary imply hidden or open? If it is copyrighed but open that would be just fine; hidden means BACK DOOR.

An open project always come with open source code, for sure. There will be no backdoor.

TTM

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Merit: 100

I'm still waiting for Zerocash if i want truly private currency. White paper going to be released on May 18th.

TanteStefana

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Activity: 280

Merit: 100

The Future Of Work

Quote from: kaene on April 22, 2014, 04:11:06 PM

Good job writing this.

Most people think of DRK as a coin with a lot of innovation, first X11, DGW2, DarkSend ... but most people haven't realized yet that DRK will also bring more innovation with the 2nd generation of PoS.

Quote from: coins101 on April 22, 2014, 05:37:36 AM

* Anonymity nodes require minimum wallet funds to join the network. Creating a cost barrier to attackers. Nodes can be financially penalised for misbehaving.
* Creation of strong anonymity node network which is paid to participate leading to financial incentives for new participants to create nodes for financial gain.

This is going to be awesome, it should receive a specific name, it's not just Proof of Stake, it's more advance

Just agreeing with you, that it's not really POS, because it's more. It's a new kind of work provided for the benefit of the network.

Kartoff

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Activity: 187

Merit: 100

Quote from: shtako on April 22, 2014, 03:33:25 PM

You need some more options at the poll.

I would vote $10.000 or less.

You are so funny to think that you miss the train already and write such things because of that... It is never too late to jump in ! There are so many reasons that point DRK can be more than $100M market cap soon and even more than $500M later this year !

kaene

hero member

Activity: 784

Merit: 1005

Good job writing this.

Most people think of DRK as a coin with a lot of innovation, first X11, DGW2, DarkSend ... but most people haven't realized yet that DRK will also bring more innovation with the 2nd generation of PoS.

Quote from: coins101 on April 22, 2014, 05:37:36 AM

* Anonymity nodes require minimum wallet funds to join the network. Creating a cost barrier to attackers. Nodes can be financially penalised for misbehaving.
* Creation of strong anonymity node network which is paid to participate leading to financial incentives for new participants to create nodes for financial gain.

This is going to be awesome, it should receive a specific name, it's not just Proof of Stake, it's more advance

shtako

hero member

Activity: 779

Merit: 502

You need some more options at the poll.

I would vote $10.000 or less.

leopard2

legendary

Activity: 1372

Merit: 1014

Quote from: thelonecrouton on April 22, 2014, 10:03:45 AM

Quote from: coins101 on April 22, 2014, 05:37:36 AM

Led by Professor Matthew Green of Johns Hopkins University, Zerocash will be using Blue Midnight Wish as its hash algorithm and will rely on new anonymity features and proprietary source code that are expected to provide greater anonymity compared to Darkcoin but at the cost of not being fully vetted or tested.

Utter failure, right there.

Does proprietary imply hidden or open? If it is copyrighed but open that would be just fine; hidden means BACK DOOR.

darkproton

hero member

Activity: 658

Merit: 500

wow! great write up. so masternodes act similar to a pos? pretty awesome!

dadon

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Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

Nice write up, thanks for taking the time.

thelonecrouton

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Merit: 1000

Quote from: coins101 on April 22, 2014, 05:37:36 AM

Led by Professor Matthew Green of Johns Hopkins University, Zerocash will be using Blue Midnight Wish as its hash algorithm and will rely on new anonymity features and proprietary source code that are expected to provide greater anonymity compared to Darkcoin but at the cost of not being fully vetted or tested.

Utter failure, right there.

coins101

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Activity: 1456

Merit: 1000

Topic: DARKCOIN: Unofficial Strategic Development of eCash - page 6. (Read 19113 times)