Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
AlexGR
on 20/05/2014, 12:56:40 UTC
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 releases.

Tell me I am crazy here...   Undecided

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.
I thought that DRK is the most promising anonymous coin too, but it's nice to get this confirmation

Thing with Monero is, and I've bought some just in case it blows up (as a short-term hedge), is that it was too violent in stealing Bytecoin's work. Kind of like "oh, you premined 80%, so we'll take your work and get rid of you bytecoin people". This is scam mentality. But MRO people need Bytecoin development*. This might backfire through stagnation.

Also MRO doesn't hold any "high ground" vs other Bytecoin clones. What will they say? Hi, we are the first clones of Bytecoin? Cheesy

* Gmaxwell also commented on something to that effect a few hours ago: https://bitcointalk.org/index.php?topic=512747.msg6830290#msg6830290

Bytecoin was forked into a coin that the community could participate in from day one.
Alas, none of the bugs or short comings were fixed in doing that— and it doesn't appear that any of the people involved in it have the background for the low level work. So you might have just written out the only active developers of the software, may not bode well for continued development.