Quote from: ValentinJesse on June 27, 2014, 08:12:15 PM

Quote from: RW-Stott on June 27, 2014, 08:01:57 PM

Quote from: Critariss on June 27, 2014, 07:57:48 PM

Can someone clear something up for me. A lot of people are saying that VeriSend and VeriBit are centralized which obviously is a bad thing, others are saying it will be decentralized with the wallet integration. Question is, will it actually be decentralized, or will it rely on a central location for action? Explain it to me please.

Quote from: cyberhacker on June 27, 2014, 12:54:46 PM

Quote from: JakeThePanda on June 27, 2014, 12:48:46 PM

Quote from: cyberhacker on June 27, 2014, 12:37:52 PM

Quote from: JakeThePanda on June 27, 2014, 12:30:18 PM

I actually like Vericoin. Not nearly as much as I like XC, but that goes without saying. Even though the main features are centralized, it's kind of cool and the community seems to like it.

very soon. i mean very very soon, there will be tens and hundreds coins popping up with standard centralized server anonymity feature.

this fancy stunt will not last long. ppl will get fatigued soon.

but don't miss any chance to make quick dollars.

I'm talking about Veribit, not the anon feature.

believe me, it is also server stunt. with some btc pool. it won't last long.

ppl are just saying it is interesting, but more interested in making quick dollars.

i am not fuding VERI, actually i am the earliest adopter. pnosker knows me very well.

VRC's veribit/send are centralized. People who say it is decentralized because "it is in the wallet" have no idea what they are talking about.

People are more busy talking garbage, pumping and hyping things than to read and watch that google hangout. Douglas Pike and David Boehm said that Verisend is centralized and they are working on a solution to make it decentralized. So the work has just begun...

Yea, but decentralized solutions are not easy by any means and take much time. These centralized mixers are more gimmicks than anything else. VRC seems to have a legit team, and I believe that they can accomplish what they set out to accomplish, however, their verisend feature is no different than the handful of other coins that have centralized anon mixing features, and it is miles behind where both DRK and XC already are (although both DRK & XC are still in beta phases - the wallets are available, working, and offer decentralized anon solutions).