Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
iCEBREAKER
on 20/12/2015, 23:21:43 UTC
@any new comers or newbies here is a summation of some of the facts about dash that you should know before investing any time or money into this project.

LINK: https://www.reddit.com/r/Bitcoin/comments/2zufu1/a_great_podcast_by_lets_talk_bitcoin_discussing/cpmvogy





That's quite the domination post.  TPTB_need_Anonymint's is close, but not as exhaustive nor as concise.

Still, we needed an update to debunk Dash's latest Evolusham vaporware con.

And here it is:

I claim that Dash is spyware because the anonymity is trusted to masternodes which are an obvious target for the NSA or anyone who can profit on breaking anonymity (e.g. those who want to blackmail you or whatever).

I don't need to dig in the source. It is a conceptual truth in terms of the way the anonymity has been described (at least the last time I paid attention).

Evan mentioned he was going to improve it for Evolution, but even if he shifts to onion routing across masternodes, that won't entirely absolve the attacks on anonymity from colluding masternodes (although it can improve the statistics on the masternode coverage needed for breaking anonymity). Ditto any mixnet he employs, including if he prefers to implement CoinShuffle.

Instead if he implements Cryptonote then he won't have RingCT's features. If implements RingCT, then he is copying Monero's recent research. Also I doubt he is capable of understanding the RingCT white paper and implementing it. He will probably have to work by copying source code or hiring some expert crypto assistance.

In any case, that won't correct the other flaws in InstantX and mass-scale transactions that are his other big selling points of Evolution. And none of that will correct the fact that masternodes reduces Dash to an inferior proof-of-stake security/politics model.

Domination and debunking continues:

When all the masternodes are hosted, it is not crap to say the NSA can probably get access trivially. When most are hosted on one cloud provider (something I read, don't know if it is true), then even an employee could potentially get access trivially.

You simply can't get anonymity without cryptography. The masternodes see everything in clear text. Dash is more likely to be spyware than anonymity. In fact, I've conjectured the wild speculation that Evan hasn't been worried about SEC because he might be on the dole of the NSA (but that is too conspiratorial to assert as likely).

Dark my ass. Dark where the NSA got its fist up the users' buttholes. I have often returned to the wild speculation that Dark(Vader)Coin was really a big data harvesting coin.

The official definition of spyware is any software that exposes your data out on the wire. It doesn't have to actually be intended to do that. Just opening the security hole is sufficient to meet the definition.