Post
Topic
Board Altcoin Discussion
Re: DRK vs XMR warez
by
Pline
on 03/03/2015, 23:40:41 UTC

Lol, interesting.  Although I wouldn't condone this type of deceptive behavior, you should consider that at current prices 50,000 SDC is only about 8 BTC.  The reason why the distribution would be bad at this point is because the market cap is so low at like $330,000.  It doesn't take much to buy a lot of SDC.  As the price goes up people tend to sell some of their stash and distribution becomes more even.

The price of SDC is unlikely to go up other than a few insiders who own essentially all the coins (which you acknowledge) trading the coins between each other at higher prices to create an illusion of interest. There is no substance there, it is just a warmed over immature reimplementation of cryptonote run by a few pumpers, and if people want cryptonote, they know where to go. All this "zerocoin," "minting" and "zero knowledge" obfuscation you guys throw around is nonsense, and everyone knows it now.

Please stop spamming threads discussing DRK and XMR, two coins that more than a few people even care about.

BTW, it is absolutely true that if you have a high percentage (say 99%) of traceable transactions, you have a high degree of traceability of the chain as a whole. You can review the math for this in MRL-0001 and MRL-0004, but you won't because you don't care about math or substance, just pumping.

No need to get rude imo. I was continuing the discussion.  Its easy to own a lot of SDC, anyone can become "an insider" and own 1% of all coins for about 9 BTC, so your point really seems like FUD.

All I did was mention a legitimate point that the destroying and minting of SDC is taken from the zerocoin whitepaper, and anybody can look for themselves to see that. Also it seems the method that Shadow uses to prevent double spends is also from zerocoin.