Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
I sure someone will dig up the percentages and it was incredibly lower than one percent. This is why we commissioned Kristov Atlas.
At this point you do sound more and more like a concern troll.
At this point you do sound more and more like a concern troll.
I can quite imagine I might be coming off that way, but Im not. It is admittedly a rather legitimate and serious concern so I think we can discredit trolling.
ChildHarold is most definitely a concern troll, offering no facts and just trying to create a discussion hoping to include his solution as an alternative when it is not. The easiest way to respond to this is with facts so here we go:
A concerned user could mix his coins using Darksend to a depth of 8 rounds, assuming a network of 1300MN, a person controlling 100 MN would have a 0.000000093986159131% chance of uncovering a particular transaction.
A person controlling 50% of the network, meaning owning 650MN, would have a chance of 0.382253675331956000% of uncovering a specific transaction. In this case he would have to acquire 650000DRK in the open markets which would sky rocket the price, and do this knowing he has 99.62% probability of not uncovering the transactions he is looking for.
The system is very well designed an attacker would have to control 90% plus of the network to have a chance of around 40% of uncovering a transaction at which point he would be the only one with Darkcoins and the price would surge to the thousands.
Having said this, a really concerned user could just send his coins through more rounds. Other anon systems are vulnerable to sybil attacks too and use secret keys or cryptography that could one day be uncovered. Darksend is future proof.
Besides this solid anon solution, it supports instantaneous transactions and the ahead of time mixing prevents timing analysis. It is really best balanced all around anon coin in the market and the market recognizes this period.
I came in here to ask questions. I never claimed to offer facts or solutions.
I wanted to know if Evan had changed his opinion of ZK since the landscape may have changed in the six months since his remarks. A convo about MN's began and it was good to get clarifications. A few FACTS about MN's have been explained and I am grateful for the responses.
One thing I did suggest is that MN operators might be wary of U.S. providers like Amazon. I cannot deliver facts to substantiate my feeling about this. Im prob just paranoid.
I am not sure it is a fact you'd need to own the darkcoins, just have backdoors into the servers the MN's are running on would seem sufficient (altho maybe not). Agreed this all sounds very unlikely but as long as there is a CHANCE of de-anonymization I'd like to know the odds.
Thanks for doing the maths regarding these odds. I can be sure these numbers are good?
cheers
This is unofficial, please do your own math, but it should give you a good idea:
