Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
oblox
on 22/05/2014, 16:56:30 UTC
RC3 Progress Report

I've had some substantial progress on DarkSend and have figured out how to make our existing system as secure as ring signatures. Vastly improved security, no bloat (from the ring signatures) and without actually having to trust new cryptography (it hasn't been extensively tested like what DarkSend uses) . So I think it'll give us a HUGE advantage in the coming months. More to come soon, I'm going to start implementing this tomorrow.  Grin

What this means: I promised ring signatures to hype my coin and get tech-clueless people buying, I knew this couldn't be done anyway so now I retract from it. This whole thing is walking on thin air. It's innevitable the money will naturally shift towards a coin that has actually a solid base to deliver anonimity, and Bitcoin technology based coins aren't as they are fundamentally flawed for this goal.
What giveBTCpls means: I didn't buy DRK a few weeks ago, so I recently bought MRO, which is going nowhere fast. I am in denial about ring signatures causing horrible and unscaleable blockchain bloat, and am terrified that Darkcoin will shortly have an even better solution, so instead of behaving rationally I have come to this thread because the success of others fills me with peurile rage.

Sure thing, keep beting money on vaporware.

Darkcoin is here, it's real. DarkSend works. It's in use. And it's going to get even better. What vapourware are you talking about?  Grin

Evan promised ring signatures "in V2" when he knew he couldn't do it, just to keep money flowing outside cryptonote based coins. I can't trust such behaviour.

...or he found something equally or better than them. Wouldn't put it past anyone at this point. Keep QQ'ing. It's so noble of you to come in here and warn us.