Post
Topic
Board Altcoin Discussion
Re: What do you think of the Darkcoin system for mixing transactions?
by
goin2mars
on 11/03/2014, 06:04:10 UTC
DarkCoin's system for mixing transactions is CoinJoin, just like Bitcoin's system for mixing transactions. There's no special support for it in the DarkCoin core, it's just a rebranded Litecoin with different mining properties.

Incorrect. Darkcoin uses blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd and echo. If you'll note, none of these are Sha-256 with salsa mixing. Stop spreading disinformation.

Additionally, the efficient algorithms offer much higher stability in GPU cores . . leading to great decreases in power usage. The difficulty retargeting is regulated by KGW. The block generation time is similar. The block reward is dependent on the difficulty.

The capability of CPU mining vs. GPU mining is one of the best I've ever seen with an R9 290 only pulling 10 times the hash of a core i7.

Pretty much the only thing in this coin that is shared with Litecoin is the wallet interface, which was brought into Litecoin from Bitcoin.

Darkcoin and Litecoin are altcoins, but Darkcoin is not a Litecoin.

You're talking about the different mining properties, which I mentioned in the post that you quoted. It was pretty short, so it might be worth another shot at reading. The ONLY differences between DarkCoin and Litecoin are branding and mining. Neither has anything to do with mixing, which is what we're talking about in this thread. DarkSend is CoinJoin. Bitcoin has CoinJoin too.


No. What you're saying to me is like saying that there is no difference between the Euro and the Dollar . . besides the fact that one has American presidents or high standing political figures, and is backed by the American economy . . while the Euro is backed by multiple nations and has pictures of European locations on them.

Your argument is completely illogical and fallacious, in that you are effectively saying that these coins are the exact same except for everything that goes into them.

It's this same reasoning that is leading you to believe that DarkSend is the same thing that CoinJoin is . . when it's really not.

If there's no difference between a Euro and a Dollar . . then why can't I walk into a Walmart in Northern USA and thrown down some Euros and walk out with some bread?

Sure I can buy bread with both a Euro and a Dollar . . but these fundamental differences keep them completely different. By boiling it down to "they're both money," you're limiting your point of view to that of a child.