Monero haters at it again...*IceBreaker/Smoothie*. They just went down like 15% and you don't see us in their ANN thread
The reason I never bother posting in there is because it isn't a serious project in terms of cryptocurrency adoption and Cryptonotes never been a threat to Dash (or Bitcoin) for 2 reasons:
[1] - it's a concept based on the credit money system which essentially performs a record-keeping function that requires privacy through obscurity, as opposed to a cash model which supports anonymity through fungibility (for a commentary on why it's important to function as cash before credit,
see here)
[2] - given bitcoin's consolidation of its position over the alts last year and subsequent growth of its ecosystem, the prospects for any technology with a non-compliant commercial interface are almost non-existent now
The interesting thing is, iCEBREAKER must know this since hes not altogether void of some understanding of the subject. Thats why I've never really entertained the idea that he believes his own b.s. and just assumed that hes persuing some other purpose.
On the other hand there is a hard core of the mining community who have a kind of religious obsession with the sanctity of the emission curve over everything else and it could just be that hes a fully paid up member of that cult. Which one it is doesnt really matter because the fact is that in the history of monetary media, the market has always valued the properties of money far and away over how it came into being. Gold became money because it had the right monetary properties and the fact that a few Klondyke speculators fastmined it and sold it into the market for dollars to non-miners only helped,not hindered, its adoption.
If the market had bought the idea that the credit-money privacy model was appropriate to a cryptocurrency, cryptonote would have blown away the top 5 market cap currencies months ago. It didn't, it hasn't and the challenge only gets harder from here. The GUI wallet stuff barely scratches the surface of its problems and is largely superficial compared to the challenges of attracting
payment processors,
mobile solutions and
quality independent blockchain services to support you. Despite the boasts of support from academics, the fact is that it's academic that that type of book-keeping based privacy is destined for permanent "also ran" status other than as a bitcoin sidechain.
The iCEBREAKER agenda has therefore only 1 tool left its hype-box - that is to persue a single-issue wrecking agenda to attempt to get people to buy into his priorities at all costs. He does this by spreading lies, distortions and outright self serving fear propaganda. For example the idea that he takes credit for the failure of XC, Neucoin, VNL et al due to fudding is laughable. As has been pointed out, some of those projects are still successful and the ones that aren't failed for the single biggest reason that any alt coin fails (including the other 500 that he didnt fud) i.e. They were not originals in their class.
Look at the
top-10 market cap coins - save for the odd one that pops up occasionally for a time - they are all originals. They also exhibit a diversity of launches, few of which would be universally regarded as ideal by the wider public who have yet to encounter cryptocurrencies, and that includes Satoshis
private 'test mine'. However it gets justified by the mining cult, its an instamine by any broader public standard.
As for the rest of iCEBREAKERs agenda, no description Ive seen does more justice to it than the closing quote below which should be required reading for everyone in this thread. For example he promotes the idea that obscuring the blockchain supports privacy and somehow protects you from government. Well our fiat bank accounts are similarly obscured and all that does is facilitate their corruption, hidden from public view. The fact that theres no counterparty involved solves nothing - it just means theres no-one to back the meaningless numbers in the invisible accounts anymore and that the emperor has even fewer clothes than before.
What's needed is a blockchain that is fully
fungible,
high performance,
public and
anonymous. Whatever amounts of FUD people like to post in this thread, last time I checked there was only 1 project pursuing all four of those 4 objectives and doing so with uncompromising determination.
As I say, I prefer to make constructive, analytical contributions to this thread rather than to be trashing other coins or other posters, except when they come here to regurgitate endless variations of the same self serving trash monologue of their own.
But characterizing criticisms of Dash as "iCEBREAKERs agenda" is a very weak way to deflect attention from
like the insta-mine.
Instead of voluminous speculation about my possible motives, you should be worried about the stinging rebukes administered to Dash by noted crypto/code experts like BTC core devs Peter Todd and Gmaxwell (as well as former Dash dev vertoe).
vertoe's whistleblower report has been confirmed by noted Bitcoin core dev Peter Todd.
Peter Todd's unfavorable evaluation of Dash is confirmed by fellow core dev (and crypto-expert) Gmaxwell.
Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach.
CoinJoin is trustless which is orthogonal with centralized or decentralized, it could be implemented several ways (though trustlessness is usually a prerequisite to a decenteralized implementation).
Post 5 in the CoinJoin thread writes in depth about implementing it in a decenteralized way,
none of which appears to have been implemented by the darkcoin developers as far as I can tell from what I've heard it seems that they're not even able to understand it. (This is a disappointment to me, since I was trying to describe these ideas clearly so others could understand them.)
More amusingly, what DarkCoin does is highly centralized because the software is closed you can't get more centralized than closed source. What the actual behavior is, is anyone's guess it's impossible to review due to it being closed though "masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.
From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.