Quote from: btc_zero_sum on April 03, 2016, 02:07:39 PM

Quote from: generalizethis on April 03, 2016, 11:36:29 AM

Four questions for you, all technically based:

Was dash's launch fair?

Does dash have a good distribution?

Is X11 secure?

Does darksend keep you private?

On the dash ann and website they have advertised themselves as all of the above, yet the facts make some of these statements laughable and others down right lies. Representing yourself as something you are not is a scam (you don't need the victims to realize it before it becomes a scam--the Madoff fund was a scam long before anyone realized it). I'm sure it bugs you that you can't see it and you must think it's all politics, but I suggest you research it before your ship gets any further up river--a little research never hurt any investment, unless you are investing in denial.

1. there's no such a thing as fair lunch. bitcoin launch was in favor of early adopters, a few lucky ones. same as 98% of all altcoins

2. dash has same distribution as any other coin. you like it, you buy it

3. there is NOONE on this planet (yet) that was able to prove x11 is broken

4. there is NOONE on this planet (yet) that was able to prove that darksend is broken

did you actually loose money? do you know anybody that actually lost money?

1. I didn't ask about bitcoin or the 98% of alts that you claim equals none of them--I asked was dash's launch "fair," which is how it is advertised. A scam is advertising a known lie--most everyone else advertising a lie doesn't disqualify it as a scam.

2. No, that's incorrect. All coins have differing distributions. And based on the amount of coins concentrated in the top holder's hands and the rest of holder's hands, that coin can be qualified as having good or bad distribution, or at the very least better than other coins.

3. Running 11 chains together makes it 11 times as vulnerable as a single chain (a weakness in one is a weakess to them all), so when compared with a single algo that has been tested, you can say the single algorithm is more secure than running multiple hashes together because there is a bigger attack surface for an attacker. Broken isn't the point, the point is whether it is secure (when compared to available cryptosystems) or insecure.

4. Even Evan, the creator and lead developer of dash, has said that what you want in privacy is protocol-level anonymity. Who are you to disagree? I find this change in his stance laughable, because many in the cryptoworld have been saying it since he came out with the second rate privacy method that is darksend. Because he repeated the lie so long, many in the dash community are still defending what he has admitted unwanted and those defenders are using the same faulty arguments that he once endorsed--shadowcash enablers were tauting the same logic, "show me it's broken or STFU!" unitl someone broke it and shut them up. Theoretically it has been shown to be a suboptimal method for privacy--if you want to use it in the meantime, that's your prerogative, but don't expect any sympathy for using a system that even the developer of that system has acknowledged as second rate.

And yes, when I found out Bitcoin wasn't very casklike, I invested in coins claiming to be private and lost money on those coins when I sold them after researching enough to know the claims were bogus--dash (then darkcoin) was one of those coins.