Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [DERP] Derp (derp.org) | First Self-clowning Self-Scamming Ponzi HYIP
by
iCEBREAKER
on 23/05/2019, 00:28:10 UTC
Dash is an intentionally instamined scam marketed to noob investors using fake privacy, fake adoption, and fake news.

Dash is digital trash.

Hey thanks Icey, I like to put on a brave face and pretend I'm glad you're back posting here.

Hows it going with your ETC investments? I remember they had a "Code Is Law. No Bailouts." and pro-PoW/anti-PoS ideology you particularly liked. But didn't they suffer a social attack wherein the exchanges stole the ETH ticker to reward Vitalik for bailing out their interlocking VC investor support netowrks ?

I got my ETC so cheap I'll always be on the moon no matter what, but let's stick to discussing Dash in the Dash thread.  I'm sure you can understand why it's considered bad behavior to go off-topic on a forum, if you think about it for a while.

PrivateSend  Sad


Firstly, this is not intended to be an act of trolling. I was quite heavily invested in Dash, and believed in it's cause.

However, I would like you to carefully consider your position.

The privatesend option of anonymity could be smashed by the NSA quite easily.

The anonymity market share you own - on the assumption that privatesend works flawlessly - is about to be overtaken by Monyro

Their anonymity solution is superior to yours, developed by hackers. A purely trustless solution.


https://cryptonote.org/whitepaper.pdf

PrivateSend relies on a collateral system - 1000drks per masternode, randomly selected masternodes, and these nodes sign off on the pooled transactions.

Sounds safe...how much money do you think the NSA has? How easy to simply stockpile virtually all the Dash out there, and have the majority of masternodes running...

Sorry Evan but they are laughing at this solution...they will simply allow your network to grow, allow users to feel safe and protected, yet know the vast majority of transactions.

The only real solution to anonymity is encrypted packets of information, that are visible on the network by can only be decrypted by the intended recipient using their private key.

You are a smart, well intended dev. You have a loyal team, you have done well. But your solution is flawed.

This was solved by using multiple iterations through many masternodes. Users can pick how secure and private they want their transactions to be. To actually know who spent what, you would have to control every masternode from start to end.

I'm implementing I2P into the masternodes. We're going to have our own private network just for PrivateSend.



the new masternode blinding system is quite impressive.


my understanding is that some IP Obfuscation will come through the use of the  Decentralized API, meaning using the masternode network to execute commands so that the actual message comes out of a masternode quorum and not directly from your client thus granting you some privacy.  

We are still at early stages so take it with a grain of salt, that is why all available information and ideas will be open for discussion next Sunday so feedback can start and we go to the Miami presentation late January with a model that has been validated with the community and revised where necessary.


What happened over the last 4-5 years that made Duffield abandon these announced I2P and Masternode Blinding Features?  Does it have something to do with the SEC, FBI, or other ThreeLetterAgencies?

Can Deterministic Masternode Lists (LLMQs) use i2p/onion addresses instead of public IPs?