Re: [ANN] [KEY] KeyCoin - X13 - Fair Launch - Bittrex/Cryptsy

Did you see this reddit FUD post:

http://www.reddit.com/r/CryptoCurrency/comments/2btj6m/reasons_why_keycoin_anonymity_doesnt_work/

Can someone explain how anonymity in KEYCOIN works?

Do you think that this post was written by this FUD group:

http://www.reddit.com/r/CryptoCurrency/comments/28hqu3/warning_to_all_anonymous_coins_promoters_and/

Or was this written by devs of some competing coin (DarkCoin)?

This coin is brand new. Even if that post is 100% true we are in the infant stages of the coin. Progress will be what drives this coin. My target is roughly 200k.

I'm no software engineer, but what this reddit post tells me, is the only person who can use this method to see who sent the money is the person that received the money. The whole point of anon is so that OTHERS cannot decipher who you sent the money to. But again, this coin is 2 weeks old. There is plenty of time for growth without you trying to panic crypt, xc, and key investors.

Yeah, these are certainly infant stages of this coin. But devs said that anon was done. So why did developers launch anonymity feature if it clearly doesn't work (assuming this reddit post is 100% correct)? Did they at least test it? Did someone at least review their solution and concepts behind it?

Darkcoin, xc, crypt, monero, They all offer anon tech that hasn't been proven to be uncrackable. These products are still in development.

Yes, I know that they're still in development. And there is nothing wrong with this.

But keycoin launched anonymity feature that can be "broken" with just eyeballing the blockchain and with piece of paper and pencil (again assuming that post is true - I haven't checked for myself because anon feature doesn't work in my wallet). You don't even have to have access to the source code of the mixer or to the protocol specs.

This just shows that developers may grossly underestimate intelligence of the people that may be interested in this coin. They obviously think that the "sheep" will "buy" any kind of anonymity that they're trying to "sell".