Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1965. (Read 4671660 times)

Except the fact that darskend nodes are not centralized. There is no "center" in the darkcoin network where there is some masternode that conducts the anonymous transactions and that you can only go through there. All darksend nodes / masternodes, are part of the network / p2p.

Good point

I hope Darksend Masternode investors did their homework on Ring Signature technology. When coins already exist (Monero) that are more anonymous than Darkcoin/Darksend without requiring centralized nodes only accessible to those rich enough to afford the arbitrary amount, it stands to topple your whole system.

Monero is like a decentralized Darkcoin if you think about it.

I doubt he's just making this up.

Alas, none of the bugs or short comings were fixed in doing that— and it doesn't appear that any of the people involved in it have the background for the low level work. So you might have just written out the only active developers of the software, may not bode well for continued development.

The fork also can't claim to be roses and sunshine wrt fairness: As someone very interested in privacy technology and as someone who is usually near the hub of technical discussion in the Bitcoin system, I'd never heard of that fork until just recently— nearly a month after it's start.  And… has a very fast coin distribution, and was started with a difficulty much lower than the network could support. A lot could have been done to improve fairness (e.g. fixing the subsidy to a low level at least until the difficulty crossed the level where the prior system was, or setting the minimum difficulty to a good fraction of the achieved rate), promoting it outside of pools of altcoin speculators (e.g. why do I hear about zerocash 100,000 times for every time I hear about this stuff?), etc.   Not that I think that any of the altcoin stuff is advisable, but if you're going to make a fork on the virtue of fairness wouldn't it behoove you to actually be fair?

And, of course, the fork has now also been forked. That one at least tames the insanely fast distribution somewhat... but it too doesn't fix any of the worse parts... I can only imagine that we're going to continue to see once a month forks of that stuff— suits me fine, while the technology is interesting and useful, the speculative churn is not.

Too obvious.

By the way, as pointed out by gmaxwell, CoinJoin is already available in Bitcoin. The only difference is that this CoinJoin is run by Amazon instead of blockchain.info.

Bytecoin was forked into a coin that the community could participate in from day one.

My bet is that the devs looked at it, realized they were in way too deep, and then put out some PR bullshit.

Looks like Darkcoin won't be implementing ring signatures, awesome!  Monero will remain a unique competitor.

Looks like Darkcoin won't be implementing ring signatures, awesome!  Monero will remain a unique competitor.

Those were either very low end computers or you got screwed by polls not working very well (I tried to warn everyone), using an unoptimized miner, or just getting unlucky. A single 4770 class machine (very roughly 100 h/s IIRC) should make about a coin and a half per day at 100M difficulty (and it wasn't that high until the past few days). That's roughly 100 times what you got. Not right.