Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ)
"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).
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).
Take the time and can unravel the "randomization" - well that's what it's designed to prevent. It removes the link from inputs to outputs. There is no correlation in the blockchain anymore.
"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.
That arguement could be used for any coin or any item online, including Bitcoin, Darkcoin, Google, Facebook, etc. Not very practical.
Well you brought it up so that's why.
" 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.
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.
What does that even mean?
I meant it's unfeasible to think that the NSA is everyone out there but yourself(Which is impossible, they are no omnipresent, lol). The 100 was just a random number, it could be even 20,000, etc etc, which is one of the beauties of Monero/ring signatures/cryptonote.
Ok, ill your word on the inputs being separated from the outputs
Denominations are almost irrelevant at this stage, since most people use the term "1 Darkcoin", not "1 Darkoshi etc". This is because the coin has a relatively low price, and using denominations would make the price of one coin even "lower", which is unnessecary. That's why taking darkcoins out of the markets and stocking them up on masternodes is such a bad idea, unless you plan for Darkcoin to be used solely as a commodity.