Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
TanteStefana
on 07/04/2014, 06:11:56 UTC

A sister coin would wipe out Darkcoin, especially if we did it. So it's not a good idea.

Other options are:

1.) Renaming the coin. It keeps coming up over and over, maybe we should really consider it. Everyone start coming up with names and I'll make a voting page to gauge if our user base even wants this.
2.) The first 24 hours of the coins existence keep causing us problems, an "airdrop" could be a solution to this. We could airdrop all holders (uniquely verified) with a equal portion of coin. This coin would come from a block in the future that paid 2.4million+ coins to a specific address that I hold. We could use some kind of verification system like mastercoin (http://mastercoin-faucet.com/github-intro)
The airdrop would be a month or so into the future, so it would give users time to buy coins and become holders creating some demand. Also, we'd have a much larger market cap and the argument about the first 24 hours would become invalid.


As always, we listen to the community. If enough people complain, we'll do something...

1) The name is fine - "the general public" is never going to use darkcoin, it will be used by people who care about ANONYMITY - The general public will just stick with bitcoin, because it is "anonymous enough" for 95% of folks, and has tons of other advantages (wide retail acceptance etc)
2) The first 24 hours became a larger problem when the # of coins decreased from 84million to 22million, In retrospect this was probably a mistake... but we can't take that back now without killing the price and shaking investor confidence. The airdrop idea sounds super shady, even if it isn't.

Major changes like this should not be taken lightly.  Investors want specs that are written in stone. Major changes should ONLY happen if it's crucial for the success of the coin.  Neither of these issues meet that requirement and therefore I think should be left as-is.

Hear hear!  It's bad enough we're bickering about the name since the coin began, but this is getting crazy.  We love you Evan, but you can't fix everything.  Some things just happened.  And they probably happened for the best. 

Our price is indeed depressed because there are constantly big sales of 1000-5000 darks and that's probably the big holders that got so many coins in the beginning.  But this is seriously a good thing!  This low price is allowing the coin to be distributed really well, to anyone who has heard of us until now or in the near future.  Eventually, the sell off will stop, and with the great distribution, we'll have an excellent chance at being a useful coin, which will then drive the price up.  It's actually been going super well!