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Topic: I Can't In Good Heart recommend Dark Coin (Read 1132 times)

legendary
Activity: 1624
Merit: 1024
March 07, 2014, 03:39:23 AM
#12
Some information about Darkcoin  Grin

Coin Information
DarkCoin aims to be the first privacy-centric cryptographic currency with fully encrypted transactions and anonymous block transactions. These features are a work on progress and will be released in stages in the near future.

DarkCoin uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. This is so that the processing distrubution is fair and coins will be destributed in much the same way Bitcoins were originally. ASICs will be much more difficult to make for these algorithms and will take years.  

What is the difference between Darkcoin and Zerocoin? https://bitcointalksearch.org/topic/m.5241291

How does DarkSend anonymize transactions?:



As of version 3 beta, DarkSend is almost completely anonymous.

Anonymity Development Progress Reports:
Jan 26th #1: https://bitcointalksearch.org/topic/m.4760223
Jan 26th #2: https://bitcointalksearch.org/topic/m.4757802
Feb 3rd #3: https://bitcointalksearch.org/topic/m.4918269
Feb 9th #4: https://bitcointalksearch.org/topic/m.5034781
Feb 15th Alpha Release: https://bitcointalksearch.org/topic/anndrk-darkcoin-darksend-anonymous-technology-pre-alpha-launch-467857
Feb 18th #5: https://bitcointalksearch.org/topic/m.5217271
Feb 20th #6: https://bitcointalksearch.org/topic/m.5259501
Feb 26th: Press Release: http://www.darkcoin.io/downloads/DarkcoinPRStatement.pdf
March 3rd, Public Beta V2: https://bitcointalksearch.org/topic/m.5510754
March 6th, Public Beta V3: TBA
hero member
Activity: 854
Merit: 1000
What's the difference between mixing and what darkcoin does?
Darkcoin is decentralized.  You don't have to TRUST anyone with your anonymous transactions.  Coin mixers are centralized.  You have to trust that the mixer isn't:

1.  Going to steal your coin.
2.  An entity that is tracking you purposely or is compromised and tracking you.
newbie
Activity: 5
Merit: 0
what if there's a secret flaw deep down in Dark coin that makes it insecure

perhaps the 6 algorithms are just a front to teh darkness
i don't get it you want a better coin? or you are against the idea?
there is Zerocoin in final making.
or we await you come up with a better one only if you support the reasons for Darkcoin.
sr. member
Activity: 295
Merit: 250
What's the difference between mixing and what darkcoin does?
legendary
Activity: 1022
Merit: 1000
I like the idea of real innovation in alt coins that darkcoin represents.  I think it may become another survivor of this round of altcoins.
hero member
Activity: 854
Merit: 1000
Could you please show me a printout of all your credit card transactions?

No?  Why not?

That's basically what you do with EVERY coin except Darkcoin.

+1

what if there's a secret flaw deep down in Dark coin that makes it insecure

perhaps the 6 algorithms are just a front to teh darkness
They plan to create a bounty/competition to find flaws.  
newbie
Activity: 42
Merit: 0
Could you please show me a printout of all your credit card transactions?

No?  Why not?

That's basically what you do with EVERY coin except Darkcoin.

+1

what if there's a secret flaw deep down in Dark coin that makes it insecure

perhaps the 6 algorithms are just a front to teh darkness
sr. member
Activity: 327
Merit: 250
it's a hardware thing!
Could you please show me a printout of all your credit card transactions?

No?  Why not?

That's basically what you do with EVERY coin except Darkcoin.

+1
member
Activity: 112
Merit: 10
Could you please show me a printout of all your credit card transactions?

No?  Why not?

That's basically what you do with EVERY coin except Darkcoin.

This
hero member
Activity: 854
Merit: 1000
Could you please show me a printout of all your credit card transactions?

No?  Why not?

That's basically what you do with EVERY coin except Darkcoin.
legendary
Activity: 1146
Merit: 1000
Buying/Selling drugs which are criminalized in the U.S.A.

Just become somethings criminalized doesn't make it right or wrong, just means those in power have a vested interest to stop it because they don't directly benefit from it.
newbie
Activity: 42
Merit: 0
because what are you doing you devil that you need complete naonymisty Cry
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