Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
blajde
on 14/04/2014, 22:01:14 UTC
IMO BlackCoin could be serious threat to DarkCoin. As a community we should take it seriously:

1. If BC implement DarkSend, DRK could be doomed
2. BC multipool is going to use X11 (this is already happening, it is just a matter of days)
3. I think that more "average Joe" kind of people will consider DarkCoin just a copy of BC because they will firstly hear about blackcoin, which is a big hype nowdays, and they have great  marketing(Apple is big copy-cat, but people find it innovative ).

People pump BC because of speculation, not because any real value/use, and people keep buying just because they don't want to miss it, just in case.... until dump starts. Once a few big whales dump at once, people will panic, and the coin will recover from some of those panic dumps, until the hype is not enough to keep it up.

Coins without a real reason for existence end up dying, and BC doesn't have any real life feature, just speculation.

Isn't the pure POS faster? It's basically very energy efficient while being very fast and secure. Immune to 51% attacks etc. Or am I wrong? I don't mean that the current valuation is justified, simply that it's not a bad coin at all imo.

I prefer PoS over PoW, but damn, BC is just a shitcoin. There is good old Peercoin that was first in PoS with few clones, NXT that is not a bitcoin clone but a platform for building payment systems, decentralized internet etc, and few interesting PoS projects in development. So, when people who is now panic buying BC will realize that they are "investing" into useless clone - like DOGE without dog face))) and some big holders will decide to chashout, the fall will be huge...

Well PoS clearly work.. and BC offers nothing compared to DRK. And if DRK doesn't take this approach seriously it might lack behind further and when it's in the gutter people will still just highlight the "premine" - cpu to GPU switch. 84 to 22m halvation. And then it won't be worth defending for some nickles. It will be hard to adopt it and just clone it. Well people might not be so creative in writing it but they sure are good at reading it and it thinking that it will take a "long" time to adopt it to shitclones is at best naiv. These are valid points and must be thought over even how hard it feels. More communication from DEVs to community would be nice too.

I offer 70 DRK for for Multipool DRK payout - bounty