Topic: [DSH] Dashcoin (Cryptonote, automated source) - page 11. (Read 216708 times)

Sorry this isn't really written as a presentation, but it's basically everything I know:

Once upon a time, a young developer named Evan Duffield decided to create a cryptographic coin. He came to the conclusion that someone needed to make a new coin to protect privacy because it had recently been realized that Bitcoin was only pseudo-private, and that the developers and foundation for Bitcoin had no intentions of fixing this. So he realized that to start a new coin, he would need a slow build up of hashing from many people. He knew that ASICS which had just started shipping a month or two before, were going to make it very difficult to attract miners if he were to compete with all the other sha-256 algorithmic coins. At the same time, he realized, as well as many others, that a lot of equipment, such as cpu and gpu power had just been rendered obsolete. Just as Litecoin before, Evan decided to create a new hashing algorithm.

Before Evan created X11, a multi algorithmic chain for hashing, which combined 11 algortithms in a chain, another developer created a similar hash of 5 or 5 algorithms. I forgot it’s name. So the idea was there, but Evan thought adding all the algorithms he knew of into a chain would slow down the development of ASICS that much longer. Because he called his grouped algorithm X-11, he decided to call his coin XCOIN.

Soon it was realized that there was a site called xcoin.com which had just closed down. It was a scam site that stole coins from people. Since the community didn’t want to be associated with these people, they voted to name our coin Darkcoin. All was well until we began getting complaints that the name Darkcoin sounded like the coin was made for nefarious purposes. The community tried and tried to explain that the name was 1. A play against the #2 coin, Litecoin, and 2. the saying “keep ‘em in the dark” which means don’t tell anyone, it’s a secret. Even so, some of the community decided it would be best for Darkcoin to concentrate on the “underworld” and “dark markets” etc… Unfortunately, Evan never wanted to create a coin meant for the dark markets, he wanted to create something closer to cash, something that protected people’s right to privacy. Although Evan has been against a name change for most of this first year of Darkcoin's life, he finally realized that it was not just a few people who have been approached about working with Darkcoin (Merchants, investors, etc…) but pretty much all of them. Even those that accepted DRK at their stores, such as BigCanadar, complained that customers just laughed at the thought of a coin named Darkcoin, and never became interested enough to inquire further about it. So this past week, it seems Evan has changed his mind. But why so abruptly?

As it happened, the last time the community was arguing over the name, the tide seemed to have swung in the direction of a name change. However, as you can see by this past week, we were at each other’s throats, yelling and screaming and designing and coming up with names, etc… In all that chaos, someone had mentioned Dashcoin because InstantX had just been invented. Most of the community rallied behind that name, and so apparently, Evan made a note of it. But to us, he wanted to stop all the arguments, so he said that there would be no name change, which I'm sure he meant. That was that, and the community settled back into it’s normal banter.

So apparently since then, Evan and the foundation members, of which I am not one, have been discussing the need for a new name. They also concluded Dash may be the best alternative, especially if we want to keep the logo that was incredibly difficult to get consensus on as well. But there were complications. There was already a dashcoin. So they had to figure out if the idea could even take hold. I believe we have a European and an American Lawyer in the Darkcoin Foundation, and they have been clearing the way for the right to use the name, DASH. But why did Evan drop this “bomb” on us so abruptly?

It was due to a silly little mistake. Evan had made a deal with the old “Dashcoin” developer (who had abandoned the project a while back). I don’t know what the deal was, but the Dashcoin developer gave Evan the “keys” to the old Dashcoin account on github. Evan simply closed it down, or “locked the door”. The coin could still be forked, it could continue as a fork, but it would be a new project if it were forked.
And while “inside” that Dashcoin account at github, Evan commented on the Darkcoin github thread. By doing so, he posted as the Dashcoin Developer, and it was obvious it was Evan. Anyone could see what happened so there were a lot of questions. Why was Evan in possession of a Dashcoin Developer account?

So to clarify everything to everyone, he decided to announce that the foundation was planning on changing the name of Darkcoin, and because Dashcoin was a favorite a few months ago, they were looking into the feasibility of acquiring the name Dashcoin. I believe, but am not sure, that the trademark “dash” for a coin was not being pursued by the Dashcoin that Evan acquired but is the name another company is attempting to trademark, and in such a way that Darkcoin would want it used. (There are many trademarks for Dash, just not as a currency or payment system, at least not at this time).
So, the lawyers are saying it looks like we can trademark the name DASH, and that there isn’t much the old dash community can do about their abandoned coin, not legally. They can fork it and make it a new project, but the old name goes with the old project, which is dead and the Darkcoin Foundation is in the process of trademarking the name.

The rest is just everyone arguing.

Dev is online now, let's see if there will be a statement...

You both come from monero thread cmon  

You Just do a big drama , lol. Shaking the whole crypto... And don't redirect me to your dumb ass thread on speculation section  

Obviously the answer to that question is no since the developer posted in early February, as I quoted earlier.

A small community project that is being worked on part time doesn't mean "abandoned" or "dead." Not every coin is a major project like BTC or DRK or XMR.

You seem pretty arrogant about this.

...

edit: this dashcoin debacle is shaking the very roots of crypto currency. bitcoin, litecoin even darkcoin..you should have known better.

Lol nothing.

If we have buy it,we can kill it,thats it,its crypto,a still wild far west,anyways,this coin goes no where. or

- Lets take over by the community,but you can't evidently take dashcoin for rebrand

This is going to now open a huge can of worms in the DRK community...

Guys, all I was saying was that the activity here was low no need to be so literal. It seems like it was the general feeling here for a while now. The name thing with DRK was just a coincidence please be reasonable  I was just trying to be friendly, no need to make it so hard for me.

I have to go now the wife is waiting. Good luck.

...

I have never posted or being on this thread until today and I only came because you had reasonable questions on the DASH thread and I was trying to be informative and clarify what I knew.  I don't know what you are talking about but the poster you mention is just a member of the community.

I went through this thread and there was almost no activity here since last year, there is no need to come up with conspiracy theories as we would like for things to be friendly.

If anything, you may see a serious pump because of this rebrand, and be able to exit at a higher value. I know it sounds a bit hostile, but the entire Dashcoin marketcap is only 2 or 3 Masternodes. It will be the best thing that happened to you !! the coin is dead!

This thread is so inactive now 
Does Dev abandon this coin?? 

Dev has abandoned this coin? 

I don't see any progress of DSH development in the past months.

I haven't seen any roadmap about DSH from Dev so far .....

Dev,any further development plan for 2015 ? 

no activity here 

let's play some betting guys,

on May 2, Mayweather vs Pacquiao boxing match

i have 100M dsh for mayweather...wanna bet?

who will escrow?

WTF with this coin?
Dev is doing nothing like dead,if so,why you release a coin ,FXXK YOU !!!!!!!!!

I went through this thread and there was almost no activity here since last year, there is no need to come up with conspiracy theories as we would like for things to be friendly.

I went through this thread and there was almost no activity here since last year, there is no need to come up with conspiracy theories as we would like for things to be friendly.

@smic - thank you for your work I highly appreciate it
@Kushedout - the bot is amazing. Respect to all involved in it

I made an extended version of simplewallet:

Currently, our IRC channel #dashcoin is the place where the community is most active. The bot sitting there is the first Dashcoin service, come and check it - http://webchat.freenode.net/?channels=#dashcoin

I have never posted or being on this thread until today and I only came because you had reasonable questions on the DASH thread and I was trying to be informative and clarify what I knew.  I don't know what you are talking about but the poster you mention is just a member of the community.

I went through this thread and there was almost no activity here since last year, there is no need to come up with conspiracy theories as we would like for things to be friendly.

somebody posted here, i've read it and it was deleted saying something like : rush to exchanges trade dashcoin for dark and watch it become DASH , and he was sensing a pump.

username starting with M..can't remember if it was minotaur or mangled blue... it was obvious dark devs prefer a slow and clean death rather than deleting github account purchased from slb because this will surely taint darkcoin devs reputation.

Not true, I have followed the dashcoin thread ever since they were having issues with a chain fork a while back, just in case it turned out to be something that could affect Monero.

Plus we all know Smooth and the other Monero developers wouldn't be here if it wasn't for this, so no need to antagonize. No one is being arrogant, we are truly sorry for any inconvenience and we wish you the best.