Quote from: illodin on March 19, 2015, 09:15:27 AM

Quote from: Joshuar on March 19, 2015, 01:08:54 AM

Absolutely the opposite. Darkcoin's anonymity relies on an external source, masternodes. That is a huge weakness all by itself. Those masternodes must be hosted and online to support Dark's mixing. Since most of the masternodes are hosted on servers, that means the entire masternode network itself is centralized.

A network must be online in order for it to work as a network. And this a huge weakness? Bitcoin has nodes that must be hosted, otherwise you can't connect to it at all.

Quote from: Joshuar on March 19, 2015, 01:08:54 AM

Comparing on chain anonymity to centralization is the most absurd thing I've seen in a while. That's like saying Bitcoin's blockchain is a centralized solution to decentralization. What sense does that even make? Cryptonotes/Monero's on chain anonymity is far more decentralized than off chain anonymity.

With on chain anonymity everything is in one database. Forever. With off chain anonymity no one has all the information.

Quote from: Joshuar on March 19, 2015, 01:08:54 AM

You can mix with even 100+ people

How do you know those 100+ are actually different people? They could all be NSA.

Quote from: Joshuar on March 19, 2015, 01:08:54 AM

However, with Darkcoin, it's 100x worse than Bitcoin's lack of use as a currency. Darkcoin's masternodes require 1000DRK. There are over 2k masternodes, that's over ~~200,000~~ 2,000,000 (2million) darkcoins taken out of the ecosystem alone in 1 year, not even mentioning darkcoin's instamine. This means that Darkcoin has/will have extremely poor liquidity, which is essential for a currency.

1 Darkcoin is divisible by 100,000,000. They won't run out.

Daily volume for Monero: $ 49,562 (heavily centralized to Poloniex, insiders tossing coins from one pocket to another?)
Daily volume for Darkcoin: $ 178,984
http://coinmarketcap.com/currencies/volume/24-hour/

"With on chain anonymity everything is in one database. Forever. With off chain anonymity no one has all the information."

Not true, you can see look at the blockchain and see the mixings happening and if you take the time and can unravel the "randomization", you might be able to identify the reciever and sender(Since it is coinjoin) . Cryptonote coins protect against blockchain anaylsis, unlike other coins(Darkcoin).

"How do you know those 100+ are actually different people? They could all be NSA."

That arguement could be used for any coin or any item online, including Bitcoin, Darkcoin, Google, Facebook, etc. Not very practical.

" 1 Darkcoin is divisible by 100,000,000. They won't run out."

That doesn't matter as all altcoins besides Bitcoin as of now have low prices per coin, making denominations almost irrelevant. That's why you need as much coins as you can to be on the markets, not locked up in masternodes taking liquidity away.

https://cryptonote.org/inside