Zerocoin - has it's time come? - page 2.

TTM

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Quote from: Kai Proctor on March 28, 2014, 11:45:55 AM

Quote from: TTM on March 28, 2014, 11:29:18 AM

Quote from: Kai Proctor on March 28, 2014, 11:23:51 AM

Quote from: TTM on March 27, 2014, 11:56:24 AM

Quote from: matt608 on March 27, 2014, 11:48:47 AM

Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

Don't forget DarkSend : http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf

That DarkSend function is based upon CoinJoin, i explained above. It seems that you are the one doesn't understand how DarkCoin/DarkSend work, not me.

Waw chill out I never said that you don't understand a thing ... DarkSend actually in beta 5 is in constant evolution just check the link that's all. Shocked

Of course i already visited that link, it look like an announcement and a guide, there is very little technical information.

No matter how many beta version it have, DarkSend is still CoinJoin, nothing new.

Kai Proctor

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Activity: 546

Merit: 500

01100100 01100001 01110011 01101000

Quote from: TTM on March 28, 2014, 11:29:18 AM

Quote from: Kai Proctor on March 28, 2014, 11:23:51 AM

Quote from: TTM on March 27, 2014, 11:56:24 AM

Quote from: matt608 on March 27, 2014, 11:48:47 AM

Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

Don't forget DarkSend : http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf

That DarkSend function is based upon CoinJoin, i explained above. It seems that you are the one doesn't understand how DarkCoin/DarkSend work, not me.

Waw chill out I never said that you don't understand a thing ... DarkSend actually in beta 5 is in constant evolution just check the link that's all. Shocked

TTM

full member

Activity: 140

Merit: 100

Quote from: Kai Proctor on March 28, 2014, 11:23:51 AM

Quote from: TTM on March 27, 2014, 11:56:24 AM

Quote from: matt608 on March 27, 2014, 11:48:47 AM

Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

Don't forget DarkSend : http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf

That DarkSend function is based upon CoinJoin, i explained above. It seems that you are the one doesn't understand how DarkCoin/DarkSend work, not me.

Kai Proctor

hero member

Activity: 546

Merit: 500

01100100 01100001 01110011 01101000

Quote from: TTM on March 27, 2014, 11:56:24 AM

Quote from: matt608 on March 27, 2014, 11:48:47 AM

Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

Don't forget DarkSend : http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf

TTM

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Activity: 140

Merit: 100

Quote from: shtako on March 28, 2014, 10:41:58 AM

Anoncoin with zerocoin implementation might be better then zerocash.

Do you have any technical evidence to back your claim ? I already said above that Anoncoin is going to adopt 'old version' of Zerocash, i.e. Zerocoin. So it is obvious to see that the 'new version' Zerocash will be better. The people behind Zerocoin/Zerocash are serious scientists from John Hopkin University, whose talent definitely will bring something big to crypto world.

Quote from: TTM on March 28, 2014, 09:50:36 AM

It is easy to assume that zerocash will be better, but we have no way to know that. To believe that the zerocash launch will be fair is naive at best. The extremly small anoncoin premine just proves how fair and well distributed the coin actually is. Also considering trade volume and coin age.

Let me remind you that Zerocoin was an proposed extension to Bitcoin, this mean if it would be adopted, Zerocoin dev make no commission, because there would be no pre-mined Bitcoin for the dev. They did Zerocoin as an science project without any profit. Therefore i believe they will make Zerocash the same, a purely science project.

You are the first person who said a premining is 'fair'. Pre mining is NOT fair, no matter how small the premine is.

yshuifejng

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The concept seems to be very popular at present.Emunie also has anonymous functions, don't know who is more difficult to track.

shtako

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Activity: 779

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Quote from: TTM on March 28, 2014, 09:50:36 AM

There is no way Anoncoin could be better Zerocash. What Anoncoin adopted was an old library of Zerocoin, but Zerocash will be something like Zerocoin 2.0 with much more advanced technology, note that the devoloper team of Zerocoin is also devoloper team of Zerocash. Moreover, Zerocash will be fair coin with no pre-mining, but Anoncoin is premined.

Anoncoin with zerocoin implementation might be better then zerocash. It is easy to assume that zerocash will be better, but we have no way to know that. To believe that the zerocash launch will be fair is naive at best. The extremly small anoncoin premine just proves how fair and well distributed the coin actually is. Also considering trade volume and coin age.

Quote from: TTM on March 28, 2014, 09:50:36 AM

It is obvious to see you are promoting Anoncoin because you are investing on it or mining it. But i am neither Anoncoin and Zerocash user, i'll wait to see which coin is really better.

I just hold btc and peercoin. The reason I am interested in this topic is because I believe we need an anonymous currency, and also because i look for potential investments. Looking forward to see this play out.

TTM

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Activity: 140

Merit: 100

Quote from: shtako on March 28, 2014, 09:34:44 AM

Both more active and more attractive. The anoncoin devs goal is to create an anonymous currency. There is no marketing, no hype, just steady development. It's an established, well distributed and much traded coin.

We don't know anything about zerocash. My guess is that the main focus of the zerocash team is to make as much money as possible. And it want surprise me if anoncoin with zerocoin implementation will be the best solution.

There is no way Anoncoin could be better Zerocash. What Anoncoin adopted was an old library of Zerocoin, but Zerocash will be something like Zerocoin 2.0 with much more advanced technology, note that the devoloper team of Zerocoin is also devoloper team of Zerocash. Moreover, Zerocash will be fair coin with no pre-mining, but Anoncoin is premined.

It is obvious to see you are promoting Anoncoin because you are investing on it or mining it. But i am neither Anoncoin and Zerocash user, i'll wait to see which coin is really better.

shtako

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Quote from: crimealone on March 28, 2014, 05:58:36 AM

I think anoncoin is more active.

Both more active and more attractive. The anoncoin devs goal is to create an anonymous currency. There is no marketing, no hype, just steady development. It's an established, well distributed and much traded coin.

We don't know anything about zerocash. My guess is that the main focus of the zerocash team is to make as much money as possible. And it want surprise me if anoncoin with zerocoin implementation will be the best solution.

crimealone

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I think anoncoin is more active.

softron

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Quote from: shtako on March 27, 2014, 02:05:23 PM

Anoncoin are taking sign ups for testing of the zerocoin implementation now.

http://lists.sigterm.no/listinfo/anoncoin-zerotest

thanks for this info.

pizzaboy69696969

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Quote from: shtako on March 27, 2014, 02:05:23 PM

Anoncoin are taking sign ups for testing of the zerocoin implementation now.

http://lists.sigterm.no/listinfo/anoncoin-zerotest

I'll just wait for the real thing to happen with Zerocoin. Whitepaper being released in May I have heard!

Lauda

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Terminated.

Quote from: Gabi on March 27, 2014, 12:12:43 PM

Zerocoin is a great concept but given what the "foundation" is doing, good luck for it to be implemented in bitcoin lol

It won't most likely happen.

shtako

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Anoncoin are taking sign ups for testing of the zerocoin implementation now.

http://lists.sigterm.no/listinfo/anoncoin-zerotest

s_s

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Quote from: TTM on March 27, 2014, 12:11:26 PM

Quote from: s_s on March 27, 2014, 11:58:21 AM

Quote from: whtchocla7e on March 27, 2014, 11:54:52 AM

Coins do not need the government or its approval to succeed.

If there's a demand for Zerocoin, it will succeed.

Except if a particular coin is ruled illegal because it is a security risk...it will NEVER be accepted by your neighborhood coffee shop...Overstock...or ultimately some place like Amazon.

So its "success" will be limited to the world of a "Silk Road 3".

Black market was very early adopter of Bitcoin, right? Being adopted by black market will be huge success for Zerocoin, it prove that the coin have real benefit of usage and real potential. Majority of altcoins will be dead because they have no users, no merchants and no customers, they have only investors and miners. They talk something fancy about ASIC resistant and 'cooler temperature' to trick more GPU miners come with them.

Except as I added in my edit above...I wonder what the legal boys and girls think about that at Johns Hopkins. Matt Green was and I believe still is a faculty member at Johns Hopkins...and the others involved in the project were students of his?

Seems to me their may be some concerns about the name of Johns Hopkins popping up in the almost certain articles about the use of Zerocoin for trade of drugs, guns, etc. on the black market?

TTM

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Quote from: Gabi on March 27, 2014, 12:12:43 PM

Zerocoin is a great concept but given what the "foundation" is doing, good luck for it to be implemented in bitcoin lol

Zerocoin will be released as an altcoin, because Bitcoin dev refused to adopt it.

Gabi

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If you want to walk on water, get out of the boat

Zerocoin is a great concept but given what the "foundation" is doing, good luck for it to be implemented in bitcoin lol

TTM

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Quote from: s_s on March 27, 2014, 11:58:21 AM

Quote from: whtchocla7e on March 27, 2014, 11:54:52 AM

Coins do not need the government or its approval to succeed.

If there's a demand for Zerocoin, it will succeed.

Except if a particular coin is ruled illegal because it is a security risk...it will NEVER be accepted by your neighborhood coffee shop...Overstock...or ultimately some place like Amazon.

So its "success" will be limited to the world of a "Silk Road 3".

Black market was very early adopter of Bitcoin, right? Being adopted by black market will be huge success for Zerocoin, it prove that the coin have real benefit of usage and real potential. Majority of altcoins will be dead because they have no users, no merchants and no customers, they have only investors and miners. They talk something fancy about ASIC resistant and 'cooler temperature' to trick more GPU miners come with them.

Quote from: matt608 on March 27, 2014, 12:03:03 PM

Quote from: TTM on March 27, 2014, 11:56:24 AM

Quote from: matt608 on March 27, 2014, 11:48:47 AM

Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

But isn't darkcoin decentralised whereas blockchain.info is a centralised service that could easily be compromised? (or rather Darkcoin will be decentralised once open sourced).

CoinJoin itself is already a decentralized mixing method. Centralized mixing services are something like Bitcoinfog, Bitmixer, Bitlaundry.

matt608

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Quote from: TTM on March 27, 2014, 11:56:24 AM

Quote from: matt608 on March 27, 2014, 11:48:47 AM

Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

But isn't darkcoin decentralised whereas blockchain.info is a centralised service that could easily be compromised? (or rather Darkcoin will be decentralised once open sourced).

s_s

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Quote from: whtchocla7e on March 27, 2014, 11:54:52 AM

Coins do not need the government or its approval to succeed.

If there's a demand for Zerocoin, it will succeed.

Except if a particular coin is ruled illegal because it is a security risk...it will NEVER be accepted by your neighborhood coffee shop...Overstock...or ultimately some place like Amazon.

So its "success" will be limited to the world of a "Silk Road 3".

Edit: Furthermore I am no intellectual property rights expert...but I do wonder what if any rights Johns Hopkins University might have on the development of this technology...and therefor say on its release and further development. I think at the very least they will be thinking about public relations aspects at this point because of their tie to its development.

Topic: Zerocoin - has it's time come? - page 2. (Read 3442 times)