Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
darkota
on 10/07/2014, 00:16:56 UTC

But if you use "special" nodes for special tasks with closed source software all hosted at amazon, ovh and digital ocean...its hardly decentralized, i am just waiting for the first reports of abused and confiscated mixing nodes and people losing their money...
You clearly have no idea what you are talking about. At no point are the masternodes given your private keys. It is impossible for them to steal coins. That's XC you're thinking of.

Yea, and Darkcoin's masternodes can always be DDOSed, and/or centralized by a single entity.

I don't get the point of you trying to "boost"/"protect" Darkcoin.

. Running a node for Bitcoin/Monero is cheap, Much Much cheaper than running a Masternode for Darkcoin(which costs $7,000 at todays price btw)

. Darkcoin's trivial anonymity is an "advanced" version of coinjoin, is simply mixes users coins around and hopes for the best.

+6 other Main Flaws