Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

ok you genuine so i will reply...

Thank you darling:)

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

first thing is please bare in mind if you just read 1000 posts from XMR people it's like entering an alternate reality where there is this duel to the death between Dash and Monero - there isn't.

I started buying Dash because I read much more than 1,000 posts on the Dash thread. I have taken the time to read many threads on the Monero thread although I don't think I've read nearly as many Dash threads. Don't think that this thread was my first stop!

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

Monero was a clone rushed out after DRK along with at least 13 other CryptoNote coins, all cut and paste some code that has very dubious origins - no actual innovation themselves.

My research has demonstrated that is incorrect. Monero was launched by thankful_for_today and it was based on the cryptonote reference code. That is note dubious that is fact. You can verify this easily by going on github (when it isn't under attack) and checking old Monero commits when it was forked versus the cryptonote reference code they have. It is the same and it is not dubious.

Cryptonote was new and exciting so of course there were forks. You say that there were 13 forks like its a bad thing but Dash has 40 or 50 forks. And isn't Dash a clone of Bitcoin? When I look at the code it looks that way, and MapofCoins says it is just a clone of Quark that is a clone of Bitcoin.

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

DRK rejected Cryptonote in favour of own system based on coinjoin but transposed to a 2nd tier (fullnodes that also provide services), but was closed source so the clones had to use the best tech available at the time - Cryptonote, which they all did including Monero.

That is revisionist history. The cryptonote whitepaper is from October 2013, long before Evan even imagined Darkcoin. Also Evan said he was going to add ring signatures to Dash but never did, so even Evan would admit that the 'best tech available at the time' was cryptonote.

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

(and I think DRK rejected CN because main aspect of the architecture is that if any backdoor or shortcut is found in the cryptology or implementation, your whole history can be deanonimized anytime in the future just from the blockchain - in basic architectural terms your anonimity is at much higher risk than system like DRK whereby anonymization cannot be reversed without compromising nearly all masternodes at the time of the anonymisation. in the future if a whole is found in any cryptonote implementation, bang, the whole currency dies. In drk, if wholes are found, they can be patched as they go along which they have been whenever they were found)

You are oversimplifying things, blockafett. I have looked at Monero and cryptonote and you have to crack a 256 bit key to remove the anonymity. If you read the Wikipedia article https://en.wikipedia.org/wiki/Brute-force_attack it says "Breaking a symmetric 256-bit key by brute force requires 2¹²⁸ times more computational power than a 128-bit key. 50 supercomputers that could check a billion billion (10¹⁸) AES keys per second (if such a device could ever be made) would, in theory, require about 3×10⁵¹ years to exhaust the 256-bit key space."

With Dash you are trusting 1 in 2,000 MasterNodes which is only 2¹¹. I don't think you can imagine how big 2²⁵⁶ is.

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

What's happening now is that DRK invented Instant transactions (which evolved out of the 2-tier innovation), which is obviously a lot bigger than just an 'anon coin' so the market is taking notice - my own opinion is that all alts are essentially proof of concept, they will nevere work in the full market because no one wants to wait 1-15 minutes to pay for something, espeically at point of sale. Solving this makes first viable alt to Bitcion because it's something that will really help crypto get out of the underground and into Guy-on-the-street's wallet.

Greenaddress solved it before Evan even thought about it. From what I have read InstantX is the same as the greenaddress system except you have to trust the MasterNodes. I also think that every Dash investor needs to read this article: http://cointelegraph.com/news/113482/jeff-garzik-on-instant-confirmations-hope-is-the-denial-of-reality - "Jeff Garzik on Instant Confirmations: 'Hope is the Denial of Reality'"

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

Then DRK price rises in accordance, and suddenly wave after wave of XMR post accusing of instamine, centralization, etc comes in day after day - so does XMR look like it's in a position of strength or that it's bitter that DRK is leaving it behind in an Anon coin space, which Drk created, without a paddle?

I'm a Bitcoin holder. I've seen my holdings crash from over $1,000 per Bitcoin to the $240 it is at now. The market is stupid and irrational. I can't trust them to make a decision for me.

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

So (coupled with the other issues I said about XMR market situation which i won't go into) this is just all smoke and mirrors by XMR to try to show some symetry to boost XMR price and keep it relevant (with non-instant transactions and 'anon coin' branding). But it's fatal mistake because XMR needs to fight to stay relevant by *developing new features the market wants* which is not something they appear to be doing quite the opposite.

I don't think they have to develop 'features'. I think they have to build on their solid foundation, and maybe in 6 months or a year when I want to get back into this space I'll buy in to Monero. From what I can see the tech is serious and long-term, but I want to give it time to mature.

Quote from: BlockaFett on March 29, 2015, 10:03:10 PM

For new investors to DASH if you are on this thread it comes down to if you buy the accusations of early emission being a deliberate scam and if masternodes are centralized (which for be being there from week 2 is just fluff).

The instamine is real but I take what Evan says as fact. I do believe that there are others besides Evan that mined hundreds of thousands of Dash in the first day. Maybe it will kill Dash when they cash out, I don't know. I also know that MasterNodes are centralised and I bought Dash in spite of it. I'm getting out of Dash partly because of it. Let's not pretend MasterNodes are somehow decentralised as all we are doing is insulting the cryptographers and computer scientists that are smarter than we are and who actually design decentralised systems.