Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
stealth923
on 31/05/2014, 22:17:09 UTC
More Random FUD

MrWhale,

Since you don't seem to have any understanding of what the term "trustless" means, I'll explain it to you. It's impossible to do trustless mixing with the way XC works.

It's obvious that it's just a normal mixer that was implemented in a decentralized way. So it must work like this:

1.) Your client connects to a mixer node
2.) Your client sends money to the mixer node, then asks it to send money to another address
3.) Your money gets deposited into the mixers pool of funds
4.) Then the miner sends out the money to the address you specified

The problem is the node doesn't have to send the money, then you've just lost the money you sent. What if I ran a node and messed with the code to collect money but not send any out?

Darksend is "trustless" because it requires signatures from everyone involved to make the transaction valid. There is no opportunity to lose money at any point during the process.



Case closed. Thanks Evan.

Back on topic. Ignore trolls. Continue crypto domination.