Is it me or is Darkcoin the only coin with real potentional? 100% anonymous wow. - page 3.

K1773R

legendary

Activity: 1792

Merit: 1008

/dev/null

Quote from: shekelsteingoyberg2 on May 14, 2014, 08:52:35 AM

Quote from: superresistant on May 14, 2014, 08:50:27 AM

And how do you protect against a user that create tons of sockpupet-addresses to map anonymized addresses ?

They don't have access to that information, I believe.

If you want to double check, ask the Darkcoin devs.

"I believe" Are we in church now? So you write posts but dont even understand what your talking about?

And yes, with coinjoin everyone participating has this information!

shekelsteingoyberg2

member

Activity: 71

Merit: 10

Quote from: acs267 on May 14, 2014, 08:54:11 AM

You.

There's thousands of other coins. And just saying one of them is rubbish.

I do admit there is innovation in other coins, neat things like a distributed DNS or power savings (PoS).
But those things aren't particularly useful at the moment, at least not enough for people to start using the coin.

In the privacy area, there seems to be only a few horses in the race.
>Bytecoin
>Anoncoin
>Darkcoin
>Zerocash

Bytecoin uses Cryptonote, Anoncoin claims to be implementing Zerocoin Lib, Darkcoin has Darksend and soon Cryptonote ring signatures (might want to clarify this with the devs), Zerocash is a coin that researchers aren't really making yet, for one reason or another.

blah blah you've heard it all before, Darkcoin is a winner in the privacy crypto-currency industry so far, winning "stock" in the winning industry type of thing

acs267

hero member

Activity: 644

Merit: 500

You.

There's thousands of other coins. And just saying one of them is rubbish.

shekelsteingoyberg2

member

Activity: 71

Merit: 10

Quote from: superresistant on May 14, 2014, 08:50:27 AM

And how do you protect against a user that create tons of sockpupet-addresses to map anonymized addresses ?

They don't have access to that information, I believe.

If you want to double check, ask the Darkcoin devs.

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: shekelsteingoyberg2 on May 14, 2014, 08:41:33 AM

Quote from: Arlic on May 14, 2014, 08:37:10 AM

Darksend is a coinmixer, isn't hard to make it fool.
http://www.reddit.com/r/DRKCoin/related/1yit1a/using_coinjoin_for_anonymity_is_errorprone/

It is a distributed trustless coinjoin implementation, that being the difference. Were you hiding under a rock when we discussed this long ago?

And how do you protect against a user that create tons of sockpupet-addresses to map anonymized addresses ?

shekelsteingoyberg2

member

Activity: 71

Merit: 10

Quote from: Arlic on May 14, 2014, 08:37:10 AM

Darksend is a coinmixer, isn't hard to make it fool.
http://www.reddit.com/r/DRKCoin/related/1yit1a/using_coinjoin_for_anonymity_is_errorprone/

It is a distributed trustless coinjoin implementation, that being the difference. Were you hiding under a rock when we discussed this long ago?

Arlic

newbie

Activity: 43

Merit: 0

Quote from: Lauda on May 14, 2014, 07:24:16 AM

Quote from: superresistant on May 14, 2014, 06:58:59 AM

Dark is based on BitcoinQt, therefore it will never be anonymous.
All this technical terms are just marketing for noobs to pump.

No you're not right. It is anonymous. Have you read about DarkSend? You haven't probably.

Darksend is a coinmixer, isn't hard to make it fool.
http://www.reddit.com/r/DRKCoin/related/1yit1a/using_coinjoin_for_anonymity_is_errorprone/

giveBTCpls

sr. member

Activity: 322

Merit: 250

Quote from: toknormal on May 11, 2014, 10:57:42 AM

Quote from: flipme on May 11, 2014, 10:44:54 AM

I see a justified price of 3-4 BTC for one DRK at the current level of supply. The extreme leverage might even bubble it up much higher for some time.
Its just a state of the art financial instrument, in contrast to BTC or LTC.

I couldn't agree more with this post.

It isn't just a question of technology and how "copyable" something is. BTC, LTC, Peercoin etc were all first with something that was far more "copyable" than DRK technology. Despite that their valuation was never challenged by any of the subsequent clones.

What this demonstrates is that - while 'clone' competition probably does have an impact, it's not definitive and brand appears to have far more influence.

Unless the Darkcoin people make some major mistakes this coin is on course for complete supremacy in the 'anonymity' sector and valuation will follow accordingly.

Well what about Zerocoin/Zerocash (I still dont understand if this is a protocol or it will be an altcoin? what is the diference?)
Then we have all the BCN forks

Seeing DRK will be 3-4 BTC is plain nuts and far fetched. Everyone makes ridiculous claims on the coin treads. "BC will be 100USD in one year". Just lol.

giveBTCpls

sr. member

Activity: 322

Merit: 250

Quote from: Splatters on May 11, 2014, 05:04:33 AM

So do you think is better stay or leave the market now? I bought 100 DRK at 55 now we are about 60. What you think gonna happen?

Who the fuck knows? investing in crypto is almost the same as investing on a casino.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: superresistant on May 14, 2014, 06:58:59 AM

Dark is based on BitcoinQt, therefore it will never be anonymous.
All this technical terms are just marketing for noobs to pump.

No you're not right. It is anonymous. Have you read about DarkSend? You haven't probably.

superresistant

legendary

Activity: 2156

Merit: 1131

Dark is based on BitcoinQt, therefore it will never be anonymous.
All this technical terms are just marketing for noobs to pump.

muxxxamed

newbie

Activity: 14

Merit: 0

your argumentaition is stong enough for me to buy some.

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: Arlic on May 14, 2014, 04:06:29 AM

There is a good old Anoncoin with TOR/I2p and ongoing zerocoin implementation.
I think the zerocoin implementation is way more safe than a coinmixer.

In terms of "ongoing", dark will have coinmixer + ip obfuscation + ring signatures in v2 and none of the trust requirements of zerocoin. So...

Arlic

newbie

Activity: 43

Merit: 0

There is a good old Anoncoin with TOR/I2p and ongoing zerocoin implementation.
I think the zerocoin implementation is way more safe than a coinmixer.

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: toknormal on May 11, 2014, 08:43:02 AM

Thats probably a valid point. Will be interesting what the devs say about it. It surely must have crossed their minds.

By sequential darksending node after node (say 10 laundry rounds in 10 different 10 nodes), an evil party should control all 10 nodes, not just 2-3-5 of them. The possibility of someone controlling every node or the vast majority of them is zero.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: flipme on May 11, 2014, 10:44:54 AM

I see a justified price of 3-4 BTC for one DRK at the current level of supply. The extreme leverage might even bubble it up much higher for some time.
Its just a state of the art financial instrument, in contrast to BTC or LTC.

I couldn't agree more with this post.

It isn't just a question of technology and how "copyable" something is. BTC, LTC, Peercoin etc were all first with something that was far more "copyable" than DRK technology. Despite that their valuation was never challenged by any of the subsequent clones.

What this demonstrates is that - while 'clone' competition probably does have an impact, it's not definitive and brand appears to have far more influence.

Unless the Darkcoin people make some major mistakes this coin is on course for complete supremacy in the 'anonymity' sector and valuation will follow accordingly.

flipme

hero member

Activity: 2170

Merit: 640

Undeads.com - P2E Runner Game

What do you think most Bitcoin investors, big real buyers were using the coin for in the first place?
It was taught to be anonymous. Most of the fiat that went into Bitcoin was black money.
Those people are scared shitless. Now comes a new coin, with a new proof of concept, a well done product which just fits that crowd.

What we see now is shifting already. You ain't see nothing yet. When shifting seriously starts it'll be a short staggering period.
When shifting of big BTC and LTC fortunes is done and DRK is convertible for fiat or whatever, the fiat price for BTC will collapse.
The average Joe BTC holder will be very astonished.

I see a justified price of 3-4 BTC for one DRK at the current level of supply. The extreme leverage might even bubble it up much higher for some time.
Its just a state of the art financial instrument, in contrast to BTC or LTC.
The only contender is Ripple, which I see on the bright side of things as well.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: ?? on ??

I just don't see the necessity of building the anonymity into the protocol itself. Seems like that would make it easier for the powers that be to attack/discredit the currency.

Maybe you don't but plenty do.

The reason is one of principle as much as practicality. If you follow any of the development blogs, discussions and debates about the evolution of cryptos and how the technology should develop, you'll see that designers fall over themselves to avoid any kind of centralised aspect to the technology.

Even something as apparently benign as checkpointing to mitigate the danger of 50% POW attacks was agonised and wrestled over. If ever implemented it's generally seen as a huge compromise. There is some basis to this kind of paranoia because the least bit of centralised control can be the thin end of the wedge even if it looks innocent enough at the outset.

I agree about dark wallet - it's another great plank in the infrastructure of the whole system and will prove to be very popular - justifiably so. But it's not the "real deal". It's a boiler plate solution. Darkcoin IS the real deal.

Quote from: mynameisjim on May 11, 2014, 08:31:00 AM

darksend is exposed to a new form of attack because of its master nodes. If someone holds a sufficient amount of these nodes they can do bad stuff to the network

Thats probably a valid point. Will be interesting what the devs say about it. It surely must have crossed their minds.

mynameisjim

newbie

Activity: 19

Merit: 0

darksend is exposed to a new form of attack because of its master nodes. If someone holds a sufficient amount of these nodes they can do bad stuff to the network

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: ?? on ??

Most people don't need total anonymity for their transactions

Actually, most people DO need anonymity for their transactions.

The financial industry is falling over itself to present itself as "secure" which these days means secure information as well as secure money.

Everything from company payrolls to banking transfers to supermarket sales statistics are not available for scrutiny by all and sundry and I don't see that changing anytime soon.

Topic: Is it me or is Darkcoin the only coin with real potentional? 100% anonymous wow. - page 3. (Read 10193 times)