Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
TanteStefana2
on 15/04/2015, 05:11:54 UTC


I don't know, but there was an entity at least 9 months ago who was buying up coins, hitting numbers like pi 314159.... and I don't remember, the fibonacci sequence?  I can't recall.  But it's possible that this is the same account?  Anyone know?

Inputs go all the way back to one of the first miners it appears. Granted, I figured there were some large holders of around 3-4% but double digits and constantly rolling 1k vins forward into new masternodes doesn't strike me as incredibly healthy for a currency. I kinda figured Evan had around 200-300k coins presently (after clearing over a million in usd equivalent) with the chunks that went to the exchanges late april to early june but to still have a stockpile of coins this large is a bit shocking.

I agree, but on the other hand, I think the system is working.  Even this huge entity can only make 582 masternodes, which isn't even close enough to de-anonymize a few rounds of DS. especially with masternode blinding, which is coming up.  

We do have to consider such an entity as a potential enemy though and be sure they can't take down the system or break the anonymity.  But since anyone can do 8 or more rounds, and it would take more than 90% control of the network to hope to get 1% chance of following the coins (I don't remember the actual numbers, so that's not correct), it seems the system will work.  You can easily see that if one didn't have to "put up" collateral to run a masternode, that there would be no way to control this.