Topic: XMR vs DRK - page 48. (Read 69755 times)

OK this is a new point in the thread I think. You're saying that when big money comes in DRK will be dismissed because of it's launch problems.

Maybe you're right, but BTC seems to be doing OK despite millions of early mined coins being locked up in a few addresses by persons unknown.

you don't really care either right? or you started caring within the last 2 weeks when the DRK price started rising or have you been posting this every day for 13 months?

it's such a weak point: <5% of total supply mined on first day on public forum. so what?  That's the best XMR can find?  Thanks for free due diligance and dumping your own coin lol.

and someone said the DRK dev might have 300k DRK.  I sincerely hope he has, because that's about the best motivation a dev can have as long as they are honest (which as the DRK dev has shown through delivering everything he said and in time).

instamine isn't an issue in itself, who owns a large share and what they do with the coins, is.

Look, I appreciate your demeanor in this confrontation between the two currencies.

But after reading your above replies I think me trying to explain my point about trust in a currency better is a futile exercise as you simply don't want to acknowledge that fundamental problem with the early DRK days. Of course the current holders don't care, most of them profited directly or indirectly of that event. Either by being part of the selected few during the 'faulty' blocks or by buying big amounts for cheap early on.

Good for them but not good for the long term credibility. I won't discuss this point any further, no worries. Just like in life most of the times it has to hurt before it is understood.

This argument will come back and it will hurt when it's time for the big numbers.

LOL I sound like a Bond villain.   I am just an investor in DRK community I hardly know anyone there.

All I did was try to respond to a massive FUD Jihad coming from XMR to DRK..this whole thread is but a mere echelon of that operation.

And in the process find some facts about XMR that go against the monk-like claims of the developers and decide to point them out.

Perhaps if XMR devs stopped yapping all day and actually built some unique features that the market wants, it wouldn't need a pump team on Polo and a troll 'Dev' team on BCT just to get in the top 20.  

Then you wouldn't be so butthurt and have to fill my screen with your nutty posts all day.  just sayin...

(BTW I may be wrong about the intentions of the XMR devs, but with how much time they spend 'pointing out' problems in a competitor 5 times their size all day, rather than, ya know, develop, it looks scammy like to me)

How is it 'very centralised'? What are you on about?


it honestly wasn't an attempt to mislead, but I'll change the language if you like....there are 2,400 masternode wotsits for DASH's $26m market cap.

What's this about hosting on someone else's servers? I could host thousands of BTC full nodes on someone else's servers with no collateral. What's your point?





How do they? DASH has an intact blockchain doing all the same things that BTCs does. How is it 'undermined'...no pun intended presumably?

BTC mixers are operated by trusted third-parties on one or two servers. DASH does mixing on a network of 2,400 servers and nobody on here despite repeated attempts can demonstrate how the transactions can be traced.


It really is done to death, but for what it's worth I have considered the instamine scenario and resolved any ethical questions I had with two key points. 1) DRK was freely available for DUST for months after the launch, so anyone was free to buy/mine cheap coins for a long time.   2 ) Evan offered an airdrop to the community, but this was downvoted.


Nope not trolling. OK if you're saying that DASH is nothing like bitcoin ethically or morally, well fair enough, that's your view and you're entitled to it. I disagree, but there you go....

We don't know yet, but chainalysis.com and their competition (both public and private) are going to find out.   

Snowden is a whistleblower, not a conspiracy theorist.  Please learn to tell the difference.

The "conspiracy" is called Five Eyes.  It's been going on since the Cold War, under the name ECHELON.

Hosting companies and ISPs don't need to volunteer or even be aware of their cooperation, because their hardware and software vendors are already compromised by Equation Group type outfits.

The debate has been reasonable, and you are a reasonable person for enjoying it.

BlockaFett OTOH, is what they call a 'cult-enforcer.'  His job is to maintain the cult's brainwashing and punish members who stray from the flock.

That's why he practices the attack-the-attacker technique perfected by Scientology, and (hypocritically) involves himself in the debate here while urging others to not do the same.

What sense is this?



"By the way, there are 2,400 masternode servers for DASH's $26m market cap, while BTC has 6,400 full nodes for a $3.5bn market cap." - That is very centralized. Masternodes are hosted on other people's servers mostly, you saying "masternode servers" is a direct attempt to mislead. Masternodes undermine the entire point of the blockchain, where activities such as that should be on(Another reason why Coinjoin implemented in the coin is stupid), having such important activities as anonymity being provided by external nodes is just like using mixers for Bitcoins, which makes dash irrelevant.

"
Oh the 'instamine', this has been done to death and is very boring, but the net result appears to be that the dev 'might' have something like 300k coins. Certainly a lot less coins than Satoshi has. Anyway, please let's not go there again, it's been done to death." -  I don't care whats "boring" to you(You're just letting your investments talk because you bought into the dash scam, I unfortunately, previously did as well), 1million coins were instamined the first few hours of Dash's launch, and another million within the next 40 hours. You cannot compare Dash's dishonest, atrocious instamine to Satoshi honestly mining Bitcoin early on.

Those in on the Dash instamine mined over 2million coins, then had the block reward and coin supply cut by more than half, to make those coins instantly much more valuable. That's basically a scam that happened in Dash. That is in no way, shape, or form, comparable to Satoshi's honest mining of bitcoin.


Are you trolling? Or incapable of reading my comments fully? I said Dash is nothing like bitcoin, ethically, morally. I said feature wise, it's just a bitcoin clone with some extra gadgets. That's it.

you're doing it to death some more....i'm not getting into this, it's been done to death

And there is a reason it has been done to death... why not simply re-launch... should be easily possible the first 48h if you made an honest mistake... and the Satoshi defense is ridicolous... as far as i know the block rewards + reductions parameters never have been changed unlike DRK/Dash...

No, but bitcoin nodes do provide critical network functionality, and you can set up as many rogue ones as you like with no collateral.

Masternodes are 'centralised' on 2,400 servers on a variety of OS's in a variety of hosting scenarios across 30+ countries. Interesting definition of 'centralised' you have.

By the way, there are 2,400 masternode servers for DASH's $26m market cap, while BTC has 6,400 full nodes for a $3.5bn market cap.


Oh the 'instamine', this has been done to death and is very boring, but the net result appears to be that the dev 'might' have something like 300k coins. Certainly a lot less coins than Satoshi has. Anyway, please let's not go there again, it's been done to death.


So DASH is nothing like Bitcoin, but it is like bitcoin, is that what you're saying?

That's your argument? Do bitcoin nodes function as an centralized anon scheme and "instantx" in one? Dash already has so many of it's copy features relying on external masternodes that are hosted mostly online(On centralized servers). Tell me that isn't centralized? Yea, cause it is, very much so.

Dash is nothing like Bitcoin ethically(Feature wise it's cloned from Bitcoin). First off, there was a dishonest instamine where the block reward/coin supply was cut by an incredible amount, then there's the fact that Dash is PoW/PoS. It's masternodes are PoS and get paid for doing not even half the work that miners have to do.

The only part you're right about is Dash being Bitcoin with features ontop. It's a clone that's forked from Bitcoin's code with some extra features(Same as 99.9% of other altcoins out there).

DRK does the same things, and some other things....explain your point better....

The bolded part is where you get it wrong. A currency is much more than its technical part. Although BTC has many drawbacks which some altcoins eliminate to various degrees it has always remained true to its social contract. You can trust that it'll do what's stated on the box.

like you have to 'trust' someone to set up a miner, or a bitcoin full node, or a bitcoin mixing service?


Doesn't 5 mining pools controlling 60% of the BTC network pretty much fuck with Satoshi's vision?


So with DRK you can use it just the same as BTC, traditional PoW, but you can also use Darksend which is an improvement on Bitcoin's trusted/centralised mixers. You seem to like BTC but hate DRK, when DRK _IS BTC_ with some nice features on top.

No problem, yes it has been interesting. Of particular interest:

- XMR dev's core argument against Darksend turned out to be false

- XMR dev's core argument against Masternode network security can't be quantified or reliably demonstrated

If the 2400+ MNs are centralized, what is the central?

Darkcoin(now renamed Dash)'s masternodes will always be centralized. They rely on trust, you must trust someone to set up those masternodes so you can receive the coinjoin "anonymity" provided by Dash. All masterndoes are also online(With their IP's in the open) and most are hosted on centralized servers such as Amazon, this makes Dash's entire concept of Masternodes a centralized one, going against the decentralization that was Satoshi's vision. Masternodes also cannot be compared to mining, they are just basically PoS wallets that get coins for mixing transactions(Not nearly as much work as the miners do), so it's useless centralization. It makes no sense as you can just use Bitcoin's coinjoin/mixers for that, but 99% of altcoins(Excluding Monero) like Dash are just pump/dump scam schemes anyway.

Ring signatures in Monero rely on the security properties of Curve25519. The signature algorithm uses a specific EdDSA implementation, that is based on the Twisted Edwards ed25519 curve. The long and the short of this is that there are no known or theorised or suggested ed25519 attacks that is any better than just brute-forcing a 128-bit cipher. There's an excellent Microsoft Research publication that backs this up: http://research.microsoft.com/apps/pubs/default.aspx?id=209303

It's also worth noting that Curve25519's security properties are well known and well used. If you can crack Monero's ring signatures you can also crack the entire Tor network, crack SSH access to servers, crack all i2p routing, crack TextSecure messages, crack Cryptocat messages, and crack every iCloud Backup key, HomeKit, and AirPlay connections.

Even if that did happen and overnight Tor, i2p, SSH, and Apple were all broken, all you would be able to do is determine which ring signature is the real one. You still wouldn't be able to know where the outputs of a transaction were going, because that is computed using a dual-key stealth address (simplified: padded with random data and then hashed).