Post
Topic
Board Announcements (Altcoins)
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 (ZK Anon) & White Paper NOW AVAILABLE! ⋆⋆⋆
by
rynomster
on 16/12/2014, 17:58:11 UTC
Why there is no reference to Cryptonote on whitepaper?
Zero Knowledge + ring signatures is nothing more than Cryptonote.
Shadowcash is just cloning Monero without giving its credits and lying that is creating something new and revolutionary.
And everyone here know it.

From cryptonote white paper:


https://cryptonote.org/whitepaper.pdf

You can't read the reference at the end of the WP ?







Cryptonote uses a different curve, different libraries, and a whole different underlying core.
We used ring signatures to spend Shadow, which is created by sending SDC as an anonymous output.
Our scheme is quite a bit different, in that we borrow concepts from zerocoin, with the minting and spending, and use ring signatures to make the inputs untraceable from the outputs.. We're also using PoS instead of PoW.
Its a completely unique scheme and implementation Smiley

Thanks for reply.
But ring signatures + pos,  doesn't that boolberry dev is developing with open source and offering bounties for those who find security holes, as you can see in this link? https://bitcointalk.org/index.php?topic=887482.msg9821753#msg9821753
Ring Signatures + pos not makes the coin extremely vulnerable to threats?"




That's interesting, didn't know someone was doing PoS with cryptonote Smiley
Our Anonymous outputs don't stake, so as Shadow, there is no coin age, or no coin really.
Only once converting back to SDC will you be able to stake.