Topic: Official Anoncoin chat thread (including history) - page 97. (Read 530660 times)

It lasts 2-10 hours right now, until the next block in a SLOW phase is mined.
See #3404 (and #3462 )

Just wait. Keep an eye on the block explorer if you are impatient. Study the difficulty column.

 

nothing is showing up on the blockchain. It has been 2 hours since I requested my withdrawal.

Hi, I'm not trying to start any flamewar here or disparage DRK in any way (I am a prominent member of the darkcoin community after all).  But I need to respond to this post in the interest of defending the facts.  It is absolutely 100% incorrect to say that Darksend mixing occurs offchain.  It happens 100% onchain and I have spent many hours analyzing the Darksend transactions on the blockchain during DRKs early development and communicating with Evan about how to improve the process. I think DRK does a good job of anonymizing transactions, but they are still onchain and they could potentially be de-anonymized via taint analysis under certain circumstances - read Kristov's analysis for further details. DRK is an excellent coin IMO, but your statement above is inaccurate. The best way to describe DRKs mixing is "a decentralized multi-step mixing service".

I'd like to correct a couple of misunderstandings regarding Darkcoin in your otherwise outstanding PR material.

First, you say that DarkSend is a mixing service. It's not a service, it's a decentralized offchain mixing implementation.

Secondly, you say that with blockchain analysis software, it is easy to deanonymize transactions that have been mixed using these services (which include DarkSend). But because DarkSend mixing is done offchain, it actually cannot be deanonymized by analyzing the blockchain. Whereas with enough computing power (quantum computers, or unexpected advances in math), onchain anonymized blockchains (zerocoin, cryptonote, zerocash) can be deanonymized. In that sense DarkSend is future proof.

Has a developer already answered this? I searched on the forum but did not find any response from them.
Furthermore, after reading all this forum, I have some basics questions:
- Why Gnosis want to remain anonymous? As I understood, he could create ANCs from nothing without no one knowing. People here don't care about this flaw?
- Why someone is mining all the ANC supply since weeks exploiting KGW bug and devs don't care? Why devs don't care that anoncoin became 100% centralized to a unknown solo miner?

This was the first anon focused coin on bitcointalk. Technically Bytecoin may have been first, but it was not advertised here at the time and hardly anyone knew about it.

I agree that if zerocoin works as we hope this could quickly become the #1 anonymity focused coin.

If you guys, read my last posts and try to understand my allegations, you will see that I'm not here to troll but to help Anoncoin for the long run. I don't care about PumpnDump.
The greatest paradox is that you all want an anonymous currency because you don't trust the current banking system but at the same time you give your complete trust in Gnosis.

The RSA-UFO is a nonsense and I will explain you why in two different kind of views.
1) In simple words, the RSA problem is the possibility of reversing the encryption function. Source: http://en.wikipedia.org/wiki/RSA_problem
To make things more difficult, Gnosis removed the small factors with the RSA-UFO project to increase the probability to have two large prime numbers but all is based on probabilities and actual computational capabilities. It will be just a question of time to someone break these 13 RSA UFOs and generate infinite ANC. Source: https://wiki.anoncoin.net/RSA_UFO
I know Gnosis alleged that he will generate long RSA-UFOs to avoid this problem but the computational capabilities evolve very fast and we can't create a strong system based on probabilities and assumptions.

2) Ok, now I consider that you trust the RSA encryption and you believe it would take decades to break. But what if Gnosis genereate these 13 RSA-UFOs by himself to know the two prime factors P and Q?
There is no way to setup the accumulators without trusting someone (in our case Gnosis). Gnosis can tell us he will use the trustless RSA-UFO system to generate the 13 RSA-UFOs but we can't be sure that he will really use it. If he generate them by himself, he will be able to create infinite ANC from nothing. I don't think it's necessary to explain the consequences of such an event.

Even if you trust in the good faith of Gnosis, there is an high risk to let an inexperienced person do this work. If there is any mistake or if he don't destroy correctly and physically all datas about this generation, someone could use it against ANC in the future and totally discredit or destroy ANC.

In conclusion, the implementation of zerocoin is doomed to failure because of the problems I described.
For a strong future, ANC have much more to improve than implement Zerocoin like I said in my last post: https://bitcointalksearch.org/topic/official-anoncoin-chat-thread-including-history-227287

Now, if the only things sheep care is the PumpnDump to make dollars, then good luck and be fast because when people will realize, the dump will be hard.

EDIT: @ WDL: Yes I'm concerned to the ANC project because I hold still a big quantity of ANC.
EDIT2: If you don't trust me, ask Meeh. I know he agreed with these facts about RSA and Gnosis. Meeh is certainly able to create his own white paper and add a real anonymous value to ANC.

Thanks, by the way this coin looks awesome, I've always been tempted ever since I heard you where implementing Zero coin, but have been skeptical. If you guys pull this off, this will be the anon coin to end all anon coins. If anybody deserves it, it's this coin. I believe you where the first Anon coin, before DarkCoin? I'm late to the party, but better late than sorry.

I have moved from and to cryptsy many times over the past few weeks and have had zero problems. The mining issue is just that we get stuck at high difficulty sometimes for a few hours because our diff. algo needs to be updated, the coins will arrive at their destination regardless.

I've been hearing comments on here about mining problems. I am thinking of moving my Anon Coins from Cryptsy to Bittrex, am I risking not having my coins transfer properly? Thanks in advance.