Quote from: IloveAnonCoin on March 31, 2014, 04:14:29 AM

Quote from: InternetApe on March 31, 2014, 04:11:36 AM

A "PREMINE" means that the developers mined coins before it was available to the public, because it was expected to be a pump and dump.

You can tell with how the coin is pretty much the only coin to hold value DRK/BTC. If someone had that many coins they would have already dumped and made LOTS of money.

You know your doing something correct when the TROLLS show up!!!

Do you know "instamine" is not the same as "PREMINE" right ?
Do you know the dev said in here http://altcoins.com/drk-darkcoin-cpu-anonymous-coin.html

Darkcoin specifications
Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
Block reward is controlled by moores law: (11111 / (((Difficulty+51)/6) ^ 2))
CPU only mining
Block generation: 2.5 minutes
Difficulty Retargets every 576 blocks
84 Million Coins Max
Block reward halving every 2 years
Encrypted transaction network: Still In Progress
Anonymous blockchain using coinjoin technology: Still In Progress

Do you know x11 is not ASIC resistant, the dev also said right ?

Quote from: eduffield on March 27, 2014, 05:30:54 PM

Quote from: IloveAnonCoin on March 25, 2014, 08:40:23 AM

X11 and SHA3 ( Keccak ) are not ASIC resistant at all, according to NIST (National Institute of Standards and Technology), if you want to become SHA3 candidate, you need to be able to create by ASIC. AND every algorithms in X11 used to be SHA3 candidate until Keccak win the competition and become SHA3.

Here is the paper : http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/Aug2010/documents/papers/SCHAUMONT_SHA3.pdf

The whole point of X11 is to try and get the same network growth cycle as Bitcoin. Once Darkcoin is worth enough, people will invest the capital to create the ASICs. I never really had an issue with that, in fact that was the point of creating a new hashing algorithm, I think it will be healthy in the end to move to ASICs.

anoncoin isnt asic resistant