Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
illodin
on 13/03/2015, 21:43:09 UTC
If we reach a point where investors will finally give up chasing anon niche coins that just aren't going anywhere it could be a very good news for DRK DASH. For example there could be many disappointed investors and traders who had high hopes of the Monero pump, but now it just seems to cool off back to its everlasting slow decline. And not to mention other coins who have lost the steam of their first speculation/hype pump and have settled down to their real low market cap valuation. Question is, how long will people keep on playing those games?

You're digging yourself a hole here. If Darkcoin's "instantx" is as good as it is claimed to be, then Bitcoin will adopt it. If not then it's not as good as claimed to be. Bitcoin might not adopt anonymity schemes, but it sure as hell will adopt something that confirms transactions faster without compromising security. Also, Monero is both transparent and anonymous, so saying anon niche is a little bit too shallow(Since it fills two areas, not one).

Are you forgetting Darkcoin's pump to $15 and fall back down to $3? Or the atrocious, "instamined" beginning distribution? Or sub-par anonymity when compared to the other anon schemes(such as Ring Signatures: Monero, ZK-Snarks: Zerocoin/cash), and much more?.

Good try, and fast response. Problem is, bitcoin can't and won't adopt any features masternodes enable. Or they might, but only when faced with extreme threat but at that point it's already too late.

Also something worthwhile to note, every other thread out there talks about DRK DASH and no one gives a shit, but when some other coins are mentioned here I can count seconds when someone will try to retaliate. Being the leader comes with the burden of everyone else trying to piggyback on you.

And wrt "sub-par" anonymity - that must be some sort of confusion on your part. Those other schemes you're mentioning, rely on encryption to make the blockchain unreadable to adversaries. They are hiding everything in the blockchain and hope their algorithms won't ever get broken. Because once they do, everything down to the genesis block will be revealed. DRK DASH has a totally different approach, where it can adjust when/if new threats are revealed.

Furthermore, the anon space in crypto is quickly becoming saturated, so being a one-trick pony (no pun intended) is quickly becoming insufficient.