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Topic: What's with DARKCOIN? - page 2. (Read 1577 times)

legendary
Activity: 876
Merit: 1000
May 30, 2014, 07:00:25 AM
#5
I think that DRK has potential in certain fields, where BTC used to be useful. Anyway, it's always good to see new cryptos, that actually bring something new to the equation.
I agree with you, that pure PoW is foolish in the long term and PoS hybrids have an more advanced concept.
DRK is more similar to QRK, not AUR, by bringing technological advancements, not differences in distribution. But it has more potential, since the technological differences of QRK were gimmicks, but differences of DRK have more practical value.
sr. member
Activity: 434
Merit: 250
May 30, 2014, 06:59:51 AM
#4
nothing really

just hype..
legendary
Activity: 2114
Merit: 1015
May 30, 2014, 06:58:28 AM
#3
1. It is currently trading higher than litecoin

2. It rose over a thousand percent in the past 2 months.

3. It is only a couple months old (in IPO rally mode)

4. It has 2 million coins instamined

5. It forked the other day and masternodes had to be taken down, so it's fundamentals are even being called into question.

I'll let you decide...

Thanks, I was not aware of these but that's all I needed to hear.
hero member
Activity: 728
Merit: 500
May 30, 2014, 06:55:39 AM
#2
1. It is currently trading higher than litecoin

2. It rose over a thousand percent in the past 2 months.

3. It is only a couple months old (in IPO rally mode)

4. It has 2 million coins instamined

5. It forked the other day and masternodes had to be taken down, so it's fundamentals are even being called into question.

I'll let you decide...
legendary
Activity: 2114
Merit: 1015
May 30, 2014, 06:51:16 AM
#1
Should I diversify to darkcoin or is it rather all buzz as it was with AuroraCoin for example? They are technically very different of course but would dark coin in any way be superior to all the others?

Darkcoin uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work.

Had they implemented Proof of Stake hybrid instead of purely PoW I'd believe in them but right now they don't seem very superior. A superior coin would be PeerCoin with anonymous transactions. Can PeerCoin be upgraded for that? If so then I'd say DarkCoin is not going to rule them all.

What say you?
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