Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
crowning
on 01/12/2014, 10:25:13 UTC
I love Darksend but you have to realize it will be replaced once someone starts a zero knowledge proof coin.

While I've been working on DarkSend I've been thinking about this alot. You know what the problem is with a zero knowledge proof? There's a secret key that will be attacked by governments and it will eventually be cracked. That will make every transaction that ever happened in that blockchain cleartext and allow every future transaction to also be viewed as cleartext. I'm going to venture to say the government is working on quantum computers and such crypto can be solved with shor's algorithm. When they do, they're not going to tell anyone. So it's a giant honeypot.

DarkSend is immune to such attacks, all involved crypto functions could be cracked and the mixing is still done off blockchain by the masternodes. Off blockchain means that the information is lost and that's the only way to secure it, you can't do it with cryptography.

Long time no see.

Does anybody know if Evan feels the same now?
This "secret key" problem as he describes?

Evan?

I don't know much about Evan's feelings  Grin, but since his statement is based on facts and mathematics  his statement will be the same.

Maybe today he'll go as far as I do and changes the statement to "anything with a secret master key is fucked-up by design, but no one will tell you because the people in charge (governments et al) like it that way".
 
(okay, he will use the word "broken" instead of "fucked-up".)