Post
Topic
Board Announcements (Altcoins)
Re: Official Anoncoin chat thread (including history)
by
MasterMined710
on 30/05/2014, 04:40:58 UTC
Other coins???  I feel betrayed.
Originally we had huge advantage over DRK,but now,even XC is beyond us.
Zerocoin implement,NO DELAY AGAIN,PLEASE.I still have faith in ANC.

Yes, we have a new delay.
Meeh wrote in his last post:
"From what Gnosis told in the public anoncoin IRC channels a few days ago, he's thinking the deadline (with current life situation, dayjob) it would be one and a half month at max away from a ready implementation."

I also still have faith about ANC and the last post of Meeh confirms me in what I thought. The lack of news is a strategy of the devs. Let them work. ANC is still very young and in very limited quantities.
Meeh is also working on adding two or three services that will accept ANC as payment. I think that's a really good thing for the future of ANC.

I understand your impatience about zerocoin implemention (i'm too Wink) but I don't think that DRK have an advantage on ANC.
DRK have been pre-mined (4500 first blocks with reward 500 DRK mined in less than 32 first hours). They are alleging that was because of problems with the difficulty readjustment but I really don't believe it.
DRK isn't open source. They are promising that they will open source in some months but... wait to see!
DRK last fork was a failure. Darksend and masternodes are not working at this time. Even when it will work, the anonimity and privacy of Darksend is controversal because of the masternodes (third-party) that every one can host and see all the transactions between sender and receiver. The masternode can also be hacked. You can already find a case of a masternode hacked resulting of a loose of 999DRK for the owner (https://bitcointalk.org/index.php?topic=421615.msg6984042#msg6984042).
The quickly rise of DRK is only due by speculators that are only interested with benefits in fiat currency (or maybe BTC). No one is spending DRK to buy a service or a product. DRK is just another pump and dump coin. Large holders will take the benefits and leave when small sheeps loose her money.

DRK is now as evenly distributed as btc and ltc etc.

DRK is open source but darksend won't be for a few more weeks

darksend and masternodes are working. the masternode payment implementation was working after the planned hard fork but was attacked and the issues is now being dealt with and will be implemented on june 14th.

you would need to control 100% of the masternodes to effectively decode all darksend anonymity to btc levels.

The masternode can be hacked if you don't follow instructions and don't know what you are doing, as was the case with the 1 amateur guy who made several easily avoidable security mistakes as was documented. the other 300+ masternodes are fine.


i have only one question...
when is zerocoin with the trustless rsa_ufo going to be implemented?
this is still not clear to me. when it is clear i will buy back all the anc i sold and more. if the devs would communicate more that would be great, some faith has already been lost though. another reason i sold was because i was never able to get my new wallet to sync after the i2p/tor implementation. great idea but poor execution as i saw many had the same problem too.

Darksend and masternodes will be working on the next hard fork if there is not another attack or bug. Even the dev is not sure if it was an attack or a bug: "This was either due to an intentional attack on the network or an issue with the masternode payments system" (source: https://darkcointalk.org/threads/masternode-payments-and-beyond.921/).

To control 100% of the darksend transactions, I would need to control 100% of the masternodes but if an attacker control 50%, he will be able to decode 50% of the darksend transactions. Then the anonymity is not 100% effective. Law enforcement could easily run their own masternodes to snoop on the network.

Nothing is 100% secure and I'm sure that this case of masternode hack will be not the last.

I understand that you loose the faith in Anoncoin and I hope that you will come back in the future to buy. The devs knows these problems and all will be solved (I hope Wink).

lol, no, Darksend and masternodes are working now but they aren't getting paid yet and the ds limit is 10 drk per trans. mn payments will be implemented on june 14 and the 10 drk limit will be lifted then as well.







The plan to fight against this scenario, as described by Evan, was to make multiple DarkSends possible through multiple nodes. So if it goes through 10 nodes for laundering, one must control not 1 or 2, but all 10 to find the money flow. In this way the bad actor scenario is significantly diminished.

I'm not sure what the state of current implementation is. I think, from what has been written, that there will be a more eloquent or effective approach in RC3. We'll find out.


still no answer and/or confusion on when zerocoin with the trustless rsa-ufo will be released, you seem to suggest in a few months but Gnosis said years here....

I don;t know what is going on with this project, are the devs still working on it? do they still plan on implementing zerocoin? any time frames?

Q
"Will it be possible to choose the initial setup parameters for zerocash without relying on trusted third parties, such as with RSA-UFOs as has been proposed for Anoncoin's version of zerocoin?"

A
"Probably not for years. This would be a major breakthrough if cryptographers could find a way to do this."
https://pay.reddit.com/r/Anoncoin/comments/25z2fw/differences_between_zerocoin_and_zerocash/chnxw39