Quote from: BorisTheSpider on March 27, 2014, 08:55:00 PM

Quote from: Wh1teKn1ght on March 27, 2014, 05:11:29 PM

What about vertcoin vs DRK then. DRK is not a pump and dump and will offer complete anonymity via DarkSend. Not bashing VTC as I am holding some, but I also hold DRK. Just trying to figure out what would be better to invest more in and why. And while we're at it, what about VTC vs UTC. UTC has wicked fast confirmation times compared to the 2.5min of VTC, and also offers asic resistance via scrypt-jane.

I'm not going to attempt to provide investment advice to you, however here's a couple of points for consideration:

1. True untraceability is not attractive to a mainstream audience, and IMO will lead to significant resistance from powerful, well funded organizations should DRK have a chance of becoming mainstream. I don't know much about DRK tbh so I can't really comment much on it, but as I understand it DRK is non-premined and attempts to do innovative things in which case I applaud that - I'm not bashing it at all, but I am strongly of the opinion that strong anonymity and mainstream adoption are mutually exclusive.

2. UTCs fast confirmations are not advantageous - there are various issues with very short block times, not least of which is the way in which they encourage centralisation of hashing power. Decentralisation is the entire basis for the security of a blockchain, if you discourage it in your parameters, you implicitly ask for a network that can't protect as much value.

Thanks for the responses. Can you explain though why/how short block times encourage centralization of hashing power? I don't understand this statement. Thanks!