Hey guys I'm getting frustrated with SDC. The wallet is slow and crashes constantly. I've been downloading the blockchain for 4 days now and it's only at 15%. I read the whitepaper and got excited about the tech and put over $400 into it at 74k, only to watch the price go down to 61k today. I'm on iOS X is this going to get better? I can't "cut my losses". It looks like I'm locked in this for seemingly forever... I'm sort of waking up to the trends on Bittrex now... one day it's TRON the next day it's CRAVE and then today it's some new coin called 8Bit. I thought I was investing in new and innovative tech, sort of like how bitcoin was years ago, turns out this more a of stupid game of hot potato and I'm starting to regret my purchase decision.
SDC seems to be the better out of the recent anon coins, but yes it's mainly rinse and repeat when it comes to volume. Bots create about 90% of it for these coins. After 3 months Crave and Tron will most likely will be under 10 btc volume before it eventually becomes a write off.
You have seen this story before with CINNI,Cloak,Stealth,Crypt etc etc.
These coins are the slot machines of the virtual currency world, they have absolutely no future in mainstream adoption but great to trade with. I am terrible with trading so I just stick to coins that will have a long term future like Guldencoin and Digibyte.
think people are forgetting about ShadowSend v2.
I have said and will continue to say:
PLEASE DOWNLOAD THE WALLET + BUY A COUPLE SDC (OR ASK FOR A SMALL TIP IN IRC/SLACK) AND PLAY WITH SDC>SDT, SDT>SDT AND SDT>SDC ANON TX'S. WHEN YOU DO YOU'LL "GET IT".
CHECK MY SIG BELOW
http://shadowchain.info/tx/df7b094d407843f4a6397db47cbe05dfb605c90784892a7fa6666762ef7e43a8p.s. i have no qualification but others do (and Zeuner will provide his) and the code is open and on git - but my strong feeling is that even now shadowsendv2 is better than cryptonote currencies and when ZK-snarks is implementable (shadowsendv3?) it'll just slot right in to this modular codebase. this is my understanding.
Cryptonote uses a different curve, different libraries, and a whole different underlying core.
We used ring signatures to spend Shadow, which is created by sending SDC as an anonymous output.
Our scheme is quite a bit different, in that we borrow concepts from zerocoin, with the minting and spending, and use ring signatures to make the inputs untraceable from the outputs.. We're also using PoS instead of PoW.
Its a completely unique scheme and implementation
^rynomster is Lead Dev
with or without a market this is probably the best anon coin in crypto today, and people are waking up to this.