Post
Topic
Board Altcoin Discussion
Re: Blatant Scam Darkcoin - Instamine 2 millions drk = 3.5 millions USD !!!
by
kaene
on 25/04/2014, 22:43:39 UTC
Instamined or not. It's still pretty much the only new altcoin that brought us something new and useful.

New ? Is coinjoin new ? If you want to discuss, please PM gmaxwell you will know whether it is new or not.  

- First coin to implement a modified and improved version of coinjoin that solves its flaws.
- First X11 (this wouldn't be important if it wasn't because it's becoming very popular and most new coins are using it).
- DGW as an improvement of the buggy KGW.
- Masternodes as 2nd generation PoS (this is just awesome!).

... oh, and it's only 3 months old, yeah, right, nothing new/useful Smiley

Seriously, your last statement is saying that "Anoncoin doesn't have innovation if it implements Zerocoin because it was designed by Matt Green", is this what you are saying?

I think you are now taking the wrong direction questioning DarkCoin's innovation Smiley

1. Flaw is from "Design" not implementing.
2. X11 is not ASIC-Resistent since day one, the dev also know about that.
3. DGW is just simple moving average.
4. Masternodes as backdoor for NSA



1. Agreed, that's what DarkSend solves, thanks for helping me clarifying.
2. Who is claiming it's ASIC resistant? I haven't, I agree with dev, long term is desirable to have ASICs.
3. Yeah, that's why it works so well and any new coin launched is using it (AnonCoin would add it if it was profitable enough to be mined by multipools).
4. Just like NSA cracking Zerocoin secret key and being able to see all the "anonymous" blockchain as an open book (and we wouldn't even know).