Btw Joshuar, while you're still full of energy, could you please answer my question.
Wait, what does Dash do again? Oh yea, I have to rely on others to setup masternodes in order to even use the "anonymity" in the first place. I also have to trust that all the masternodes are not compromised since most of them are hosted on centralized servers online, as there's still a chance of deanonymizing a transaction. Yippee.
Since you're so concerned about masternodes "being compromised", can you explain what is exactly the most important data that the attacker (realistically, only the NSA) would collect?
Then there's "instant transactions", which as others showed was taken from Green Addresses, a system already available with Bitcoin.
If you read what
GreenAddress actually is, you will see they are not at all the same. It can never be used from personal wallets, as the recipient has to
trust the previously published sending address not to double spend.
This is just one more misunderstanding on what Darkcoin/DASH is in addition to uniform denominations, change handling, and whether masternodes actually send and receive coins.
Wait, what does Dash do again? Oh yea, I have to
rely on others to setup masternodes in order to even use the "anonymity" in the first place. I also have to
trust that all the masternodes are not compromised since most of them are hosted on centralized servers online, as there's still a chance of deanonymizing a transaction. Yippee.
Wait, what has your reply to do with the misunderstandings I mentioned? Oh yea, nothing. It's just your need to regurgitate the same old that's been discussed to death already.
Since you're so concerned about masternodes "being compromised", can you explain what is exactly the most important data that the attacker (realistically, only the NSA) would collect?
Huh? You replied that Green Addresses required a level of trust, to which I replied that Dash's entire masternode system requires a level of trust, get it? It's not even the NSA, it's much more simpler than that. Masternodes are hosted on centralized servers, the hosting providers of such servers technically "own the masternode". Dash's entire masternode system is centralized. Even your former lead developer admitted it...Don't let investments clog your reasoning.
To add to that, there's still a chance to deanonymize Darksend transactions by controlling a large amount of nodes. I don't know how you're just incapable of accepting the fact that Masternodes by nature are centralized, since they are hosted on centralized software. What exactly do you not understand.
And here's this, make sure and zoom in your computer screen on the part where your own developer said that Dash/Darkcoin was centralized.
"i left because i disagree darkcoin or however it will be called next year is not a decentralized entity" - Former Dash/Darkcoin developer
I get the feeling this thread has just about run it's course:
1. Lots of criticism, both technical and non-technical of DASH from the outset
2. Reasonable responses from myself, illodin and others
3. DASH critics fail to follow-up on critical technical points
4. Critics regurgitate old arguments, add very little new information and still fail to follow up on critical technical points
5. GOTO 2
I'm still ready to be persuaded that DASH is fatally flawed as the critics make out.
If we continue as above, that speaks volumes imo.
1) Dash's code causes inevitable centralization and is not as fungible as Ring Signatures, it's as simple as that
2) It's likely that you're trying to use Reverse Psychology(Aka trolling) by acting "nice"(Pretty easy to see through when one actually reads your posts thoroughly), because others have constantly corrected you on what you've said, yet on every new page you bring up the same incorrect statements/questions in an attempt to manipulate/push Dash to the forefront.
3) Dash's entire architecture has been "decimated"/torn to pieces code wise, it's external masternode system brings in centralization and other attack vectors since they are hosted on centralized servers online and unwisely provide it's most important features through those external masternodes(Also, Bitcoin already does this, no point in even using Dash)
4) Again, you do the same, you're extremely hypocritical. Please reread this thread or even have a friend do it for you, maybe then you'd see just how many times you've been corrected.
And to add further
5) The entire Dash/Darkcoin cryptocurrecy project has been recently deemed a
centralized joke by it's former developer vertoe, that speaks volumes
6) Dash/Darkcoin had a dishonest/scam instamine that makes Auroracoin's premine look like the holy grail.
etc.