Pages:
Author

Topic: [DASH/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ) - page 18. (Read 33664 times)

legendary
Activity: 1680
Merit: 1002
Decentralize Everything
Liquidity isn't a question of how many coins are in circulation numerically, it's a question of how much monetary value there is across the entire coin supply. The coin with the most 'liquidity' is therefore the one with the highest marketcap, not the 'most coins'. Emission curves don't have jack to say about liquidity unless the valuation is there to support it.

Yes the most liquid coin is the one with the highest marketcap, but the coins that are in circulation numerically are also important. If you have a coin with 101 tokens worth 100$ each(marketcap of 10.100 $) , but 100 of these are taken out of the ecosystem because of some service that locks them up, you only have a liquidity of 100$.

In case of DRK the 'liquidity' would be ca. 9.300.000$ right now if you don't count the coins which are locked up in masternodes.


Liquidity???

I thought we were takin' tech…

Forget Financials. This thread about Technicals.

If this is about tech then why doesn't somebody go ahead and set Darkcoin to green for untraceable and unlinkable?  There is still no evidence that it is traceable or linkable.
hero member
Activity: 672
Merit: 500

Masternodes are centralized because they are hosted on servers online, which are centralized. The large majority of masternode owners host their nodes on the internet, I'd say that's pretty centralized.

Were else does a digital currency live?

You are an idiot. If it's on the internet its centralized. Where is this off planet distributed system you are alluding to?

He meant that majority nodes are hosted on online services like amazon which is as centralized as it can be.

Quote
You are an idiot.

And you are a much better idiot
sr. member
Activity: 308
Merit: 250

Masternodes are centralized because they are hosted on servers online, which are centralized. The large majority of masternode owners host their nodes on the internet, I'd say that's pretty centralized.

Were else does a digital currency live?

You are an idiot. If it's on the internet its centralized. Where is this off planet distributed system you are alluding to?
full member
Activity: 168
Merit: 100
Liquidity isn't a question of how many coins are in circulation numerically, it's a question of how much monetary value there is across the entire coin supply. The coin with the most 'liquidity' is therefore the one with the highest marketcap, not the 'most coins'. Emission curves don't have jack to say about liquidity unless the valuation is there to support it.

Yes the most liquid coin is the one with the highest marketcap, but the coins that are in circulation numerically are also important. If you have a coin with 101 tokens worth 100$ each(marketcap of 10.100 $) , but 100 of these are taken out of the ecosystem because of some service that locks them up, you only have a liquidity of 100$.

In case of DRK the 'liquidity' would be ca. 9.300.000$ right now if you don't count the coins which are locked up in masternodes.


Liquidity???

I thought we were takin' tech…

Forget Financials. This thread about Technicals.
full member
Activity: 124
Merit: 100
Liquidity isn't a question of how many coins are in circulation numerically, it's a question of how much monetary value there is across the entire coin supply. The coin with the most 'liquidity' is therefore the one with the highest marketcap, not the 'most coins'. Emission curves don't have jack to say about liquidity unless the valuation is there to support it.

Yes the most liquid coin is the one with the highest marketcap, but the coins that are in circulation numerically are also important. If you have a coin with 101 tokens worth 100$ each(marketcap of 10.100 $) , but 100 of these are taken out of the ecosystem because of some service that locks them up, you only have a liquidity of 100$.

In case of DRK the 'liquidity' would be ca. 9.300.000$ right now if you don't count the coins which are locked up in masternodes.
hero member
Activity: 504
Merit: 500
eidoo wallet
legendary
Activity: 3066
Merit: 1188
Nothing is centralized, the only centralized shit is a masternode system.

How are masternodes 'centralised' ? They are just regular nodes performing an enhanced role. Any 'node' can perform a masternode function and there's not even a question of recourse to any central authority when setting one up - you just fire up your daemon, point it at a collateral address and thats it. I think what your alluding to is the fact that the mixing process bounces off a few nodes before it returns to your wallet but calling that 'centralised' is stretching it a bit. It isn't much different from the steps that lead to bits of a transaction ending up in change addresses in a regular QT wallet.

Like I said in the last post, attaining extreme levels of encryption just isn't the objective when it comes to money (at least IMO). Who gives a f*ck if your transactions are encrypted to kingdom come when you can't access half the service infrastructure in the industry because you had to build your own railway as well as the train since it had the wrong gauge.

Cryptonote fell at the very first hurdle on this one because they couldn't even get the most basic infrastructure of all - a useable wallet - off the ground. It was "farmed out to third parties" due to lack of development capacity.

Anonymity isn't just the money. Although I accept that cryptonote - as an encryption system - is a nice solution and notionally bullet proof, there's not much point in travelling by concorde for 50 miles when you've got to walk the next 10. The number of ways that a transaction can be 'de-anonymised' by means other than simply looking at the blockchain is immense (like simply 'buying something'  Wink )

There are over 2k masternodes, that's over 200,000 darkcoins taken out of the ecosystem alone in 1 year, not even mentioning darkcoin's instamine. This means that Darkcoin has/will have extremely poor liquidity


Liquidity isn't a question of how many coins are in circulation numerically, it's a question of how much monetary value there is across the entire coin supply. The coin with the most 'liquidity' is therefore the one with the highest marketcap, not the 'most coins'. Emission curves don't have jack to say about liquidity unless the valuation is there to support it.

Comparing on chain anonymity to centralization is the most absurd thing I've seen in a while.


You like using that word 'centralisation'. Thats one of the reasons I always find these assertions you guys make about Darkcoin so unconvincing. Call it 'centralisation' if you like, but service oriented networks are everywhere because there's not much you can do without them and anyway, in Darkcoin the client server relationship is mutual, just like in any other cryptocurrency. A 2-tier (or dual role) network where the nodes are diversified in function has nothing to do with the term "decentralisation" as commonly used in cryptocurrencies to mean lack of a central liquidity issuing authority.
member
Activity: 75
Merit: 10
please add BBR to your comparison chart. It should be noted that for CryptoNote based coins a minimum mixin should be used for each transaction. BBR requires this while it is optional for other CryptoNote coins:

http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246?next_slideshow=1

Lately it seems anon coins are in the mind of everyone so let's awnser questions.
Updated with a fairer and more objective summary





Do not forget to check out the websites delevering plenty of informations about the many projects going on.
Keep in mind that this is not a fud post. Just an exhaustive summary.



ShadowCash

Official website : http://shadow.cash/
The forum : http://shadowtalk.org/
The wiki : http://shadowcash.info/
The IRC channel : kiwiirc.com/client/irc.freenode.net/#shadowcash



Monero

Website: getmonero.org
Official Forum: forum.getmonero.org
Wiki : https://getmonero.org/knowledge-base/moneropedia


Darkcoin

Official Website
Official Forums
Darkcoin Wiki

DarkNote







[/quote

hero member
Activity: 504
Merit: 500
eidoo wallet
full member
Activity: 124
Merit: 100
full member
Activity: 168
Merit: 100
hero member
Activity: 504
Merit: 500
eidoo wallet
hero member
Activity: 532
Merit: 500
Cryptnote uses 2 systems, dual stealth addresses AND ringsignatures.

Nothing is centralized, the only centralized shit is a masternode system.
Breaking Ringsignatures, is that a joke? They are pretty damn well proven.

Dashcoin uses Cryptonote too, but you guys already found out anyway.

"In fact the way that the Darkcoin network is architected means that you're mixing transaction has hundreds of layers of redundancy behind it. "

No its not, adding more and more ducttape to your house doesn't make it tornado-proof. Your anonymity set doesn't really grow...

Quote
In addition to that, the coin supply is pre-emptively anonymised, so at the point of transaction you're just doing a regular Joe bitcoin payment from one address to the other.

Congratulations, you just lowered your anonymity.

Quote
There's another monetary property ticked: visibility and accountability. No nuclear-secret paranoia, it's all out in the open just anonymous - exactly as true cash should opera

Accountability is way better and easier with Cryptonote, all you need is a single Viewkey.

Like true cash, without ducttape.
legendary
Activity: 3066
Merit: 1188

You DRK folks have nothing to say against arguments because you have 0 objectivity, you're just blind fanboys who fell in love with an overated coin... Every coin mentionned in this thread is in fact better than Dash tbh

I'll give you that Cryptonote is an interesting technology and - at least as far as cryptography goes - can be more secure than a single round in a mixer. But I don't think it's very well suited to supporting anonymity or fungibility in cryptocurrencies.

The problem is that while it might be very secure in terms of 'hiding' a transaction, cryptonote puts all its eggs in one basket - a totally centralised solution. Break the cryptonote algo and you've rendered the entire money supply useless with subsequent collapse of the whole financial system based around that currency.

That might be only a theoretical threat, but the fact that it's architectured in that centralised way creates a huge potential single point of failure that hangs over the currency forever.

On the other hand, the way that DRK/DASH has approached fungibility is far more of a monetary oriented solution.

You manage to de-anonymise a single transaction ? So what ? You need to reproduce the effort iteratively a million times to even begin to threaten the money supply because each transaction has to be separately solved on a case by case basis. It's the very *absence* of a systematic cryptographical approach that keeps the coin supply secure as a whole and stops that crack from propagating.

Further, all the comparisons you get on these threads between the security of "cryptography" and the security of "mixing" are totally unrealistic because they compare a single cryptographically secured transaction with a single mixing transaction. In fact the way that the Darkcoin network is architected means that you're mixing transaction has hundreds of layers of redundancy behind it. You aren't transfering from a known source entity to a known payment entity and trying to hide it, your transferring from a mixed wallet to another mixed, anonymous wallet to another mixed, anonymous wallet....add infinitum.

In addition to that, the coin supply is pre-emptively anonymised, so at the point of transaction you're just doing a regular Joe bitcoin payment from one address to the other. There's another monetary property ticked: visibility and accountability. No nuclear-secret paranoia, it's all out in the open just anonymous - exactly as true cash should operate.

So I don't deny the cryptography fanclub their 'Concorde' against DRK's Boeing 747. I just think they're solving the wrong problem - messaging encryption instead of monetary fungibility and maximum adoption by way of supporting the legacy infrastructure.
newbie
Activity: 35
Merit: 0
If you create a thread specifically for the purpose of comparing coins you are once again accused of advertising.

You can create threads to compare things no problem. When you start creating straw men and ever increasingly aggressive FUD attacks out of frustration because you're not getting the attention you want it starts to look like advertising.

Shadow doesn't get the attention it deserves imo. This thread serves to compare tech features of which Shadow has many.
It doesn't have any spin (at least that I can perceive) and the chart serves as a pretty decent measure of different anon coins' features.

The Chart is a good initiative and should be maintained/updated regularly.

It is seldom you see an effort to lay facts out so clearly in the crypto-world.

The chart unavoidably advertises every coin which it compares.
I don't see any problem here

Of course it does. Obviously it advertises SDC but what's the problem ? We're just showing our tech and its potential, like we show monero and Darknote ones.
Sadly... There's not a lot to show with DRK Sad
full member
Activity: 168
Merit: 100
If you create a thread specifically for the purpose of comparing coins you are once again accused of advertising.

You can create threads to compare things no problem. When you start creating straw men and ever increasingly aggressive FUD attacks out of frustration because you're not getting the attention you want it starts to look like advertising.

Shadow doesn't get the attention it deserves imo. This thread serves to compare tech features of which Shadow has many.
It doesn't have any spin (at least that I can perceive) and the chart serves as a pretty decent measure of different anon coins' features.

The Chart is a good initiative and should be maintained/updated regularly.

It is seldom you see an effort to lay facts out so clearly in the crypto-world.

The chart unavoidably advertises every coin which it compares.
I don't see any problem here
hero member
Activity: 966
Merit: 1003
you did not awnser to any arguments yet

Stop lying. Or learn to read.
sr. member
Activity: 399
Merit: 250
If you create a thread specifically for the purpose of comparing coins you are once again accused of advertising.

You can create threads to compare things no problem. When you start creating straw men and ever increasingly aggressive FUD attacks out of frustration because you're not getting the attention you want it starts to look like advertising.

Actually, you did start the attacks. There's no agressivity here, just some people loving an overated coin way too much...

I'd say that DRK is the Apple of crypto : thousands of sheeps following the shit Cheesy

And again, you did not awnser to any arguments yet, you prefer screaming at the "advertisment".
hero member
Activity: 966
Merit: 1003
If you create a thread specifically for the purpose of comparing coins you are once again accused of advertising.

You can create threads to compare things no problem. When you start creating straw men and ever increasingly aggressive FUD attacks out of frustration because you're not getting the attention you want it starts to look like advertising.
full member
Activity: 168
Merit: 100
DRK niggas be like

snipped

If you post on DRK / DASH (or indeed XMR) thread you risk being labelled a troll and r usually accused of advertising.
If you create a thread specifically for the purpose of comparing coins you are once again accused of advertising.

Ostrich anybody? They are in plentiful supply and r quite delicious.

snipped


(I'll delete the gifs in this post in a couple hours.
I dont wanna lower the tone (any further anyway))

Pages:
Jump to: