Topic: 【Truth or FUD???】DarkCoin – The Next Big Thing, or Just Another Pump and Dump? - page 8. (Read 15524 times)

omg I thought developers would at least have a certain amount of pride to know a bit about a subject they are willing to give their strong opinions on. Trolls and traders and other clueless people I understand, but developers... man...

For the record:


Coinjoin as currently exists, is centralised. Do you want to disagree with me and tell everyone it is decentralised?

Well should you not do some research on the Masternode implementation before calling it pointless? Where is the basis for your accusations?

In fact Evan wanted to work on the privacy aspect of bitcoin but realised it was pointless.  So did Amir Taaki, hence why DarkWallet was designed from outside the bitcoin dev team.

Yes, I am doing something very positive about privacy by defending good tech against baseless opinion. I did not mention anything about Darkcoin's price.  No one is doing any pumping whatsoever. It is you who is talking about price. I do not expect you to serve my interests.  However, it is wrong of you to malign that which you did not research and call pointless for no good reason.

As for contributing code, we all understand it is a political process. Please do not pretend it is otherwise. I am glad I annoyed you because you annoy me.

ITT: Silly people who don't know the difference between standard CoinJoin and Darksend.

Also, silly people who live in a world in which Darkcoin RC4 hasn't been announced.

Ozziecoin, Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach.  I'm normally happy to ignore the nonsense in the altcoin subform, but since you saw fit to go distrupt the coinjoin thread with some offtopic insult hurling I thought I'd bring the extensive response back here where its topical.

CoinJoin is trustless— which is orthogonal with centralized or decentralized, it could be implemented several ways (though trustlessness is usually a prerequisite to a decenteralized implementation). Post 5 in the CoinJoin thread writes in depth about implementing it in a decenteralized way, none of which appears to have been implemented by the darkcoin developers as far as I can tell— from what I've heard it seems that they're not even able to understand it. (This is a disappointment to me, since I was trying to describe these ideas clearly so others could understand them.)

More amusingly, what DarkCoin does is highly centralized because the software is closed— you can't get more centralized than closed source. What the actual behavior is, is anyone's guess— it's impossible to review due to it being closed— though "masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.

As I've said before CoinJoin is interesting because it's inherently part of Bitcoin already— it just needed better tools (and now there are some, e.g. darkwallet) to make it available to people.  It's a privacy improvement over not having it, but it isn't perfect, but it also didn't require any changes to Bitcoin (much less a whole altcoin) to deploy it.  In an incompatible system much better is possible as is proposed by ZeroCash and much better is actually _realized_ by Bytecoin (and its forks... Monero, Fantomcoin, etc.), the later are actually working (if immature, due reinventing many wheels) implementations of much stronger privacy, decenteralized in their implementation, all released under a good open source license.

From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.

The above will be fixed in RC4, when full source codes are released by the Darkcoin team. You cannot hold me to that timetable as the Darkcoin dev team made those representations and they can change at anytime. But, I'm going by what they say as they have been good with their word to date.

"Why CoinJoin, as Used in DarkCoin,does NOT bring Full Anonymity"

http://www.scribd.com/doc/227369807/Bitcoin-Coinjoin-Not-Anonymous-v01



From Evan (of DRK) himself: https://bitcointalksearch.org/topic/m.7060893
So with DRK, we have an UNFINISHED product that will NEVER be 100% anonymous.  #FAIL

Gmaxwell supporting ring sigs is a joke. The software is totally alpha and unworkable. Gmaxwell did not say that coinjoin cannot achieve anonymity. He said he believes the coinjoin implementation in Darkcoin is pointless because coinjoin already exists for bitcoin. He is not about to bad mouth coinjoin because he invented it.

However, what he failed to acknowledge was that coinjoin in bitcoin is centralised and subject to gov't co-opting it. Like truecrypt. Therefore, decentralised coinjoin in Darkcoin is NOT pointless. It is damn good anonymity, originally conceived by gmaxwell but made into a decentralised system that is many times better and stronger in Darkcoin.  I think non-english speakers are struggling to pick up the nuances of what Gmaxwell is saying.

so something wrong with bitcoin core dev?

gmaxwell  implies that darkcoin can not achieve totally Anon features through coinjoin technology???

 

Early adpotrers of pump and dump benefit too that's the point...but after that instamine calculation and no credits for darksend it seems like a scam to me.

I think that over time the opinions of the miners will reflect less in a coin's price than the opinion of investors and traders.  If the devs and the community keep the coin innovative, the original distribution methods will matter less and less in the future.

I think gmaxwell is wrong on Darkcoin because the coinjoin model is centralised whereas Darkcoin has decentralised coinjoin. So, I can't see that it is pointless. His support for ring signatures is academic in the sense of "nice in theory but frankly not workable in real life". Those that have experience ring sigs know how buggy and alpha the software. Therefore, for those of us living in the real world - go the darkcoin.  Gmaxwell and his bitcoin devs should realise that the IRS has already mapped out all significant bitcoin addresses to social security numbers, whilst they talk debate the alpha tech of ring sigs but yet are doing NOTHING to fix. The bitcoin dev team are looking more pathetic to me everyday.

And to think these knobjockies think their shit doesn't stink and have every right to attack any other coin.  You coin is one massive scam and all the dark cheerleaders are doing is protecting their investment

Its funny they like to dish out the crap but cant take it when its in their face. They think everything is right and all kosher on the surface.  Fucking Delusion. The lot of them are.


Fancy 80% of the people on this forum have a cry at ANY PREMINE and think something as little as 2-5% premine is UNFAIR, yet these guys own 40% -

 Words cannot explain the stupidity from its fans defending this shit but they will try and try and sound smart with semantics and yet are FAILING BAD with every line. You cant defend this.


A fair launch should have meant  RE LAUNCH with everything working and bugs fixed.  Not "oops" and act like its all ok

drk epic instamined... lol

We need move on~
A lots of coin can make money .like BOST,CRY .....

If darkcoin is a pump and dump its the longest pump and dump coin in crypto history. If you noticed most coins do this in the first week or two.  I also know a lot of people made a lot of money with this coin.

So the dev made money? Good at least he is still around working on the coin. Not many coins can say that 6 months in.  Please learn what a pump and dump is before you throw around terms you don;t understand.

Premine? Maybe maybe not. Pump and Dump no lol just no.

Steve

Fairness to who? Late miners? By this definition all instamined PoS/PoW are 10 times more unfair than DRK.

it was deleted because you were replying to yourself, and because you were posting the same thing (essentially bumping the topic). other deletions were because you were posting it in other coin's threads.

it seems somebody want to delete this post.....

 

As I am sure you are well aware AlexGR, that's an extremely weak argument to defend a massive instamine and unfair distribution.  It holds absolutely no water.