Darkcoin developer Evan Duffield was on this show I just watched. He was criticizing zero knowledge coins, saying they have problems such as blockchain bloat, and need to trust the developers. But he says his DRK coinjoin scheme could be "called fort knox of crypto". Does ShadowCash still require trust for their scheme, or didn't they solve this yet?
Zero knowledge discussion starts at 8:30 mark:
http://youtu.be/lzu_02-lp7o?t=8m30sMy man Child_Harold is all over it with the 1st comment:
This is an embarrassing and misleading puff-piece. Evan speaks of ZK anon bloat without regard to the ZK anon advancements in ShadowCash, a crypto he is quite familiar with. The masternode system imo creates centralised points of trust (and failure) which do not operate within the spirit of a decentralised P2P crypto network. I was there early on and mined DarkCoin in AWS N. Virginia images which were made available… This video chimes the deathknell of the maybe-well-intentioned, but kludgy anon architecture. No worries. There is another…
I really agree, I don't feel too confident in coinjoin schemes, or master nodes. Zero knowledge is where its at. The video left a bad taste in my mouth. It gave the opinion of someone simply trying to sell their coin. He wouldn't even acknowledge the value of zero knowledge solutions. Instead it was his job to criticize any competition as best he can, and tell you don't look there, buy DRK instead.
