Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
I tested darksend today!
I must say, I like it that you can premix your coins and then use that "dark balance" for sending anonymous transactions
Pretty impressed by the GUI as well.
My only remark (also related to the thing below) is that it took nearly 3 hours to mix 2 DASH... That seems a bit slow, but hopefully if we get more masternodes online, that won't be an issue anymore. But I'm willing to wait a bit. Privacy has a price, in this case it's waiting time.
I must say, I like it that you can premix your coins and then use that "dark balance" for sending anonymous transactions
Pretty impressed by the GUI as well.
My only remark (also related to the thing below) is that it took nearly 3 hours to mix 2 DASH... That seems a bit slow, but hopefully if we get more masternodes online, that won't be an issue anymore. But I'm willing to wait a bit. Privacy has a price, in this case it's waiting time.
Someone correct me if I'm wrong, but isn't mixing slow sometimes because of a lack of people mixing, not the number of masternodes?
That's right. There are plenty of masternodes available for mixing, it depends on the funds available for mixing. Sometimes smaller amounts (and larger) can be a bit troublesome. The mixing process tries to split the sum requested for anonymisation into denominations of 0.1, 1, 10 and 100 I think, not sure if there are any others. I've found that it doesn't usually take too long to have say 20 mixed up if you're mixing 30, but if you're looking for all of it to be mixed up sometimes it can take quite a bit longer to get the very last remnants mixed up.
With regards to the fee, that is related to to the lowest mixing denomination of 0.1. If you need to pay, for example, 1.63, the transaction will need to be rounded up to 1.7. If instead you received the 0.07 as change, it may reduce the obscurity of the trasaction. If you want you could increase the payment to 1.699 and the fee would only be 0.001 DASH. It may not always be possible to change the amount though, due to an exact amount be required for some good or service, in which case the higher fee must be paid if DarkSend is used.