Author

Topic: Dash versus Ring Signiture Coins (Read 1246 times)

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
April 20, 2015, 08:49:52 AM
#12

I thought that's the whole point of having an anonymous coin. Besides, if you need other people to see your funds you can always give out your viewkey, problem solved.

I'm going to restate it in OP: Since Dash supporters have recently started a FUD campaign that Ring Signature coins can't be audited due to their private nature (even using a viewkey),and therefore they are useless as currency; I've decided to start a thread to hash it out publicly.
newbie
Activity: 32
Merit: 0
April 20, 2015, 08:37:28 AM
#11
Since Dash supporters have recently started a campaign that Ring Signature coins can't be audited due to their private nature, I've decided to start a thread to hash it out publicly.

I thought that's the whole point of having an anonymous coin. Besides, if you need other people to see your funds you can always give out your viewkey, problem solved.
newbie
Activity: 28
Merit: 0
April 20, 2015, 05:16:56 AM
#10
Since Dash supporters have recently started a campaign that Ring Signature coins can't be audited due to their private nature, I've decided to start a thread to hash it out publicly.

CryptoNote address can be partially audited in case owner will explicitly allow you to do that by giving you view key.
Otherwise, it is impossible.
hero member
Activity: 672
Merit: 500
April 20, 2015, 05:02:16 AM
#9
miss a lot of potentially valuable information simply because you dismiss content based on the author of the content, rather than the content itself. Oh well.

Content by people invested in scams is nothing but crap, no need to read it
sr. member
Activity: 322
Merit: 250
April 20, 2015, 04:13:41 AM
#8
I just read toknormal's post, and it makes a lot of sense. Personally, I preferred xmr, but toknormal makes a lot of good points that I kind of intrinsically thought were xmr's weaknesses but couldn't put it to words.

If that's true (and I don't believe that) then anonymity coins don't exist. Dash has centralized points of failure (and darksend is taintware ie. kills fungability) and every other anonymity coin uses ring signatures: XMR, SDC, BBR, XDN...

The idea that a time tested method for anonymity that no one has broken yet is somehow not good as a currency because the blockchain is invisible (it's not, you can still see transactions and using viewkeys you can show people your transactions if you want) is a false choice. The real choice is public addresses with mixing versus private addresses that you can make public if you decide to make them public. I do like how Tok tries to discredit cryptographers in his attempt dismiss one cryptocurrency for another cryptocurrency.  Huh

I want to make clear that I didn't switch from xmr to dark or dash or whatever it's called. I still prefer xmr to dark/dash. But just as bitcoin has weaknesses that many are not willing to admit, so does xmr or dark/dash. If there is a possibility of having a "perfect currency", we, as humans are currently far away from that, I think.

@kazuki: You can continue your ad hominem attacks. That just reflects your own lack of ability to think critically and accept new information. If you even tried to look into my history, I've made 0 posts in the dark/dash threads, and many posts where I believe xmr has a positive future, as well as some concerns regarding xmr. If you continue to think I'm some sort of a hidden paid commenter for dark/dash/bitcoin, go ahead. That's your own choice. But that attitude will eventually cause you to miss a lot of potentially valuable information simply because you dismiss content based on the author of the content, rather than the content itself. Oh well.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
April 19, 2015, 11:27:48 PM
#7
I just read toknormal's post, and it makes a lot of sense. Personally, I preferred xmr, but toknormal makes a lot of good points that I kind of intrinsically thought were xmr's weaknesses but couldn't put it to words.

If that's true (and I don't believe that) then anonymity coins don't exist. Dash has centralized points of failure (and darksend is taintware ie. kills fungability) and every other anonymity coin uses ring signatures: XMR, SDC, BBR, XDN...

The idea that a time tested method for anonymity that no one has broken yet is somehow not good as a currency because the blockchain is invisible (it's not, you can still see transactions and using viewkeys you can show people your transactions if you want) is a false choice. The real choice is public addresses with mixing versus private addresses that you can make public if you decide to make them public. I do like how Tok tries to discredit cryptographers in his attempt dismiss one cryptocurrency for another cryptocurrency.  Huh
sr. member
Activity: 322
Merit: 250
April 19, 2015, 10:54:00 PM
#6
I just read toknormal's post, and it makes a lot of sense. Personally, I preferred xmr, but toknormal makes a lot of good points that I kind of intrinsically thought were xmr's weaknesses but couldn't put it to words.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
April 19, 2015, 10:50:12 PM
#5
only people that tolerate the dash scam is because they have some stake in the game, I think you should dump your XMR.
At some day you mirrored your avatar, the mask was on the right side before. Anyways, most of the time seen you as the new shill on the block, I've been with Monero somewhat longer than you.

And that's it! I called Captn Duct, tape dem keyboards to da ceiling! Enuf is enuf!


PS: still bored, reading forum
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
April 19, 2015, 10:02:53 PM
#4
There is no comparison here.

Maybe the comparison is a broken bike which is held up by duct tape and a brand new Bugatti.

Never underestimate da power of da duct tape!
And "Bugatti" allready bears "bug" in it's name...

You might venture a guess that I'm bored, bored, soooo bored allready from all of these DRK vs. XMR threads ... time to dump both? Been holding both, to ballance out the risk. You know, there's an alternative called Bitcoin.

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
April 19, 2015, 05:49:30 PM
#3
hero member
Activity: 700
Merit: 500
April 19, 2015, 12:36:09 PM
#2
Let me think...

Instamined, coinjoin copy pasted, name changed twice to hide it's scammy past, masternode ROI system vs Ring Signatures

There is no comparison here.

Maybe the comparison is a broken bike which is held up by duct tape and a brand new Bugatti.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
April 19, 2015, 11:01:47 AM
#1
Since Dash supporters have recently started a FUD campaign that Ring Signature coins can't be audited due to their private nature (even using a viewkey),and therefore they are useless as currency; I've decided to start a thread to hash it out publicly.




*added 4/20: "FUD", "(even using a viewkey)", "and therefore they are useless as currency;"
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