Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | DarkSend+ Is Live!
by
Minotaur26
on 17/08/2014, 06:10:57 UTC
CAN NOBODY HERE SEE WHAT I AM POSTING?

Question: I have read your post and a bit confused. I am new to drk, can you give me a break down of how much time it should takes to send various amounts of dark anonymously?

Dark anonymizes the funds ahead of time and is constantly mixing the coin supply. This way when you need to spend, the transactions are immediate no need to wait. People are experimenting with how much time it takes to put large amount of DRK through the maximum 8 rounds of mixing which is an absolute over kill from a practical perspective, but is inevitable to want to test the system limits. But really you just anonymize once at your leisure and your anon coins sit there ready to be spent when you need to.




I see, so if I understand you, the delay is from once you've received the coins until you can spend them safely

No the delay is just the time it takes to mix your coins the number of rounds you selected. You take your non anon balance and send it through several rounds of mixing to turn them into anon funds, that process takes time. A couple of hours but only once. Then the coin sit there and you send them directly when you want to spend they are already anon.

Edit: I read your post wrong, you are correct. Delay from the moment you get non anon funds until they are denominated and mixed.