Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
I don't think MRO will catch us in market cap anytime soon, but I've been thinking... if not having ring signatures is the only way people can attack DRK other than the absurd "Instamine Scam!11!" crap trolling -- then maybe Evan should pull in ring signatures and put them in V1. Of course, I have no idea how hard the coding would be, but the longer we let mindshare form that DRK's anonymity is second rate to MRO's the harder it will be to win people back once V2 is released.
Tell me I am crazy here...
Tell me I am crazy here...
I've been looking in to MRO - anonymous dev with only 8 activity on bitcointalk, fork of another coin's tech, no innovation on its own and no plans for any, only on exchanges for a couple of days.
Let's compare that to DRK - dev with a real name working since Jan, innovative one-of-a-kind DarkSend and masternode system, development schedule for all to see including plan to add ring signatures, dev committed to working on this full time, steady stable growth, #7 on coinmarketcap, chance to earn passive income with masternodes.
No contest in my opinion. Let's stop talking about MRO. It's a short term distraction.
You don't have to sell me on DRK vs. MRO. I've loooong been in on DRK and as I said I don't think MRO is a real threat. My concern is a FUD campaign that has much more to it than "hey look instamine -- coin sucks" which anybody who bothers to research will see is a virtual non-issue. On the other hand, I think most would objectively agree that ring signatures have more anonymity than Coinjoin (and yes, I know Darksend is not just vanilla Coinjoin).
That said if adding the tech is a 6 month coding project then obviously it is for later.
1: Coding requires time. Cloning does not (Monero being a Bytecoin clone). So V1 is out of the question.
2: Monero has a lot of issues in the usability and compatibility departments, and from what I read in their thread, serious bloat issues (?). If that's the problem now, then how the hell is this gonna scale in 3-5-10 years?
3. By V2 of DRK, Monero will be a subset of DRK's capabilities and DRK will have more anonymous features + bitcoin-level of usability and compatibility. So long-term hold prospect for Monero doesn't look good in that sense. It could be a short-term hedge for DRK though.
4. Evan will not stop with DRK's evolution after the anonymity job is finished. He has plans for killer mainstream features. At least I remember he said that when DarkSend is finished he'll implement something he believes will be a smash. I've no idea what it is.
2: Monero has a lot of issues in the usability and compatibility departments, and from what I read in their thread, serious bloat issues (?). If that's the problem now, then how the hell is this gonna scale in 3-5-10 years?
3. By V2 of DRK, Monero will be a subset of DRK's capabilities and DRK will have more anonymous features + bitcoin-level of usability and compatibility. So long-term hold prospect for Monero doesn't look good in that sense. It could be a short-term hedge for DRK though.
4. Evan will not stop with DRK's evolution after the anonymity job is finished. He has plans for killer mainstream features. At least I remember he said that when DarkSend is finished he'll implement something he believes will be a smash. I've no idea what it is.
The time to get it coded up is a good point. As a said above I am not really worried about MRO, but more of people pointing to the tech as a valid criticism of DRK then that getting parroted around. However, the fact that we have a dedicated dev committed to DarkSend and beyond does lessen my concerns.