Author

Topic: The point of darkcoin. (Read 867 times)

full member
Activity: 209
Merit: 100
June 02, 2014, 01:13:30 PM
#11
Bitcoin is already anonymous enough for the majority of people - Darkcoin is different - but for the majority 99.9% that is a useless feature - and it is why Darkcoin has been crashing lately. Curecoin on the other hand is a true 3.0 currency work towards using the hashing power for something useful!
+1. More ppl should go for folding.
hero member
Activity: 686
Merit: 500
June 02, 2014, 12:55:58 PM
#10
This coins applies perfectly to Einsein's perfectly true quote --

"Everything Should Be Made as Simple as Possible, But Not Simpler"

Einstein took credit for the work of about 20 other important people, possibly the biggest plagiarist of the century:

http://www.amazon.com/Albert-Einstein-The-Incorrigible-Plagiarist/dp/0971962987

Quote
who copied the theories of Lorentz, Poincare, Gerber, and Hilbert?

The book is a propaganda to make money. Research is always done on existing theories. Einstein's contribution is huge -- it's not the relativity party, but the nuclear one.

Instead of buying this trash, I suggest people read their research paper instead and then write about it online free of cost.

BS.  All this information is easily cited outside of any domain of the book.  The researchers themselves even say the same thing, that he took credit for their work.  When any evidence is presented all they do is pull the antisemitism card.

Ok, so let's take evidence. Who was the 1st one to discover relativity (don't point to that false 1999 The Guardian article.)?
legendary
Activity: 3248
Merit: 1070
June 01, 2014, 08:05:59 AM
#9
Bitcoin is already anonymous enough for the majority of people - Darkcoin is different - but for the majority 99.9% that is a useless feature - and it is why Darkcoin has been crashing lately. Curecoin on the other hand is a true 3.0 currency work towards using the hashing power for something useful!

yeah but folding is not that good(your cpu will be used at 50% with just two vga, you can't do shit with your rig), they should have aimed at something else, for gpu, like a new asic-proof algo or just x13
legendary
Activity: 1260
Merit: 1000
June 01, 2014, 07:54:38 AM
#8
This coins applies perfectly to Einsein's perfectly true quote --

"Everything Should Be Made as Simple as Possible, But Not Simpler"

Einstein took credit for the work of about 20 other important people, possibly the biggest plagiarist of the century:

http://www.amazon.com/Albert-Einstein-The-Incorrigible-Plagiarist/dp/0971962987

Quote
who copied the theories of Lorentz, Poincare, Gerber, and Hilbert?

The book is a propaganda to make money. Research is always done on existing theories. Einstein's contribution is huge -- it's not the relativity party, but the nuclear one.

Instead of buying this trash, I suggest people read their research paper instead and then write about it online free of cost.

BS.  All this information is easily cited outside of any domain of the book.  The researchers themselves even say the same thing, that he took credit for their work.  When any evidence is presented all they do is pull the antisemitism card.
hero member
Activity: 686
Merit: 500
May 31, 2014, 11:05:25 PM
#7

Quote
The "easy" part of the job is to obfuscate things to a degree that it is virtually impossible for 99.99% of the people to "see through" the obfuscation layer. This can allow for a practical degree of anonymity/privacy.

So for Bitcoin it's 99.9% of the people, for DRK it's 99.99%.

Problem is -- once we get a blockchain analysis software, the analysis is pretty easy either it be coinjoin or Bitcoin classic.
sr. member
Activity: 294
Merit: 250
May 31, 2014, 03:57:37 PM
#5
Bitcoin is already anonymous enough for the majority of people - Darkcoin is different - but for the majority 99.9% that is a useless feature - and it is why Darkcoin has been crashing lately. Curecoin on the other hand is a true 3.0 currency work towards using the hashing power for something useful!
hero member
Activity: 686
Merit: 500
May 31, 2014, 03:37:03 PM
#4

Problem is -- what coinjoin does is completely public. It's known what it does, and what it has done can be seen on the block chain. The concept is a fail.

The only solution is encrypted connections.
hero member
Activity: 686
Merit: 500
May 31, 2014, 03:31:52 PM
#3
This coins applies perfectly to Einsein's perfectly true quote --

"Everything Should Be Made as Simple as Possible, But Not Simpler"

Einstein took credit for the work of about 20 other important people, possibly the biggest plagiarist of the century:

http://www.amazon.com/Albert-Einstein-The-Incorrigible-Plagiarist/dp/0971962987

Quote
who copied the theories of Lorentz, Poincare, Gerber, and Hilbert?

The book is a propaganda to make money. Research is always done on existing theories. Einstein's contribution is huge -- it's not the relativity party, but the nuclear one.

Instead of buying this trash, I suggest people read their research paper instead and then write about it online free of cost.
legendary
Activity: 1260
Merit: 1000
May 31, 2014, 03:21:14 PM
#2
This coins applies perfectly to Einsein's perfectly true quote --

"Everything Should Be Made as Simple as Possible, But Not Simpler"
[/quote]

Einstein took credit for the work of about 20 other important people, possibly the biggest plagiarist of the century:

http://www.amazon.com/Albert-Einstein-The-Incorrigible-Plagiarist/dp/0971962987
hero member
Activity: 686
Merit: 500
May 31, 2014, 02:48:06 PM
#1
I've written all this on my Blog.

I fail to understand the purpose of coinjoin. DGW maybe good, but it's not now known how it works.

Quote
Darksend' -- A technology used to overcome a deficiency which's not a major concern for 99% of people and can be fixed by a simple proxy since protocol analysis and IP tracking is the root of the problem -- otherwise the wallet addresses itself are completely anonymous.

If the protocols would've simply had TSL encryption support, protocol snooping whould've been killed, killing the root of the problem.

But the developer decided to implement other complicated ways.

As of KGW, DGW etc.. etc... etc... intelligently crafted (but not complicated) block re-targets and fast block times (like 1 minute or still better -- 30 seconds) like that of Quarks is enough to prevent intamine and multipool issues. These complicated algorithms increase surface of security vulnerabilities like what happened with KGW -- the same can happen with DGW.

This coins applies perfectly to Einsein's perfectly true quote --

"Everything Should Be Made as Simple as Possible, But Not Simpler"

So, darkcoin IMO, is just a hype which'll pass by. Like Auroracoin.

I'm open to discussion on this.

Mindless criticism means you owe a lot of stake in DRK. And are planning to dump it at high prices. I had my eye on DRK, I knew it would succeed cause it was different, had different goals etc... but neither had the money nor hashing power to mine.
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