Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
iCEBREAKER
on 06/12/2015, 02:35:56 UTC
Friendly reminder for newcomers:

the things going on here are fishy, intransparent and rely on a single entity.

what DarkCoin does is highly centralized because the software is closed— you can't get more centralized than closed source.

"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.

Bytecoin (and its forks... Monero, Fantomcoin, etc.) are actually working implementations of much stronger privacy, decenteralized in their implementation, all released under a good open source license.

From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.

Dash is perfectly described by gmaxwell in the post above: a lot of harmful garbage and dysfunctional software. My Dash is going to be sold over the next few days. I refuse to a cryptocurrency where the fanboys imagine that cryptography is uneccessary. What a stupid thing to say.

I fixed your "friendly" attempt to bamboozle newcomers with DashDark's snake oil and bad crypto.

It is much more informative and honest now.