Why would investors or individuals take it upon themselves to make Bitcoin redeemable for Gold?

There seems to be some part of your idea that isn't clear enough.  Please answer these questions:

Who?
What?
How?
Why?

And then you can consider legality.

There is nothing wrong with the name "Darkcoin", if that were the case would you also have a problem with "Litecoin" ?

Retarded f**king goyim.

How about that gui wallet...

You say the RPC API is more usable right?

Where is the documentation for it?
I hope you have extended it...

better RPC API in the daemon/wallet code

I have a C# RPC client in the works, GUI and function should be similar to Electrum bitcoin wallet when finished.
The RPC API isn't featured enough to perform necessary tasks (like creating a wallet), so the wallets that do that now are built into the RPC server program.
It is an inferior design to keep them coupled, instead if/when a more full-featured RPC API is available there could be a ton of feature-full wallets for CryptoNote coins.

I could continue and add basic functionality like sending coins and retrieving the balance, but it won't be useful over the internet (like a lite-wallet), and you may have to use the RPC server applications for some functionality.  
I don't intend to build the wallet into the server application like an existing solution would do.

I will use the RPC .NET library for RPC communication, and the forms app has the usual bells and whistles like minimize to tray and application settings.

But I don't see much incentive to continue work on the wallet with current RPC functionality if I can't, for instance, retrieve the user's wallet address with RPC.



http://www.filedropper.com/rpjson

BCN: 22efS6jvqBVdYTW3Za11QjJs9cPGVj42zUkqAxJyQZ5TBMxNDw2bJWpNHNVFn68xgK2i6dsucXGGrMJ qatmkt5A4FreYwG1

Oh someone beat me to it.
Oh well, it's a popular paper I suppose.

Hate to quote myself, but Lamport is able to establish a meaningful logical clock by the participants of the system interacting, I suppose this might be considered PoW, but does it have to be someone mining?  Would the time network fall apart if only one or two systems were a part of the network at some point in the future?

https://research.microsoft.com/en-us/um/people/lamport/pubs/time-clocks.pdf

Re-invent the wheel for your special protocol?

I believe the NSA had built insecurity into major implementations of elliptic curve crypto software, which may be the cause of their confusion.

They intend to keep it closed source according to twitter.

Zerocash has a GCHQ/Israel/NSA backdoor.
Anoncoin devs consist of one fat neckbeard trying to do all the work (or claiming too, the commits I've seen consist of "changed namespace name")
Darkcoin is rumored to have a 5% pre-mine http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#darkcoin
Bytecoin has bad software that is undocumented with no GUI wallet, and the devs aren't transparent enough to say "we're working on it goys!"
Bitmonero is a shitty clonecoin made by a brazilian/paki/indian who claimed to be Ukrainian, just a source copy of Bytecoin with no real dev team or plans to actually make the software more usable.
Bytecoin also has an 80% premine.
Bitmonero probably won't have a GUI wallet until the Bytecoin devs make them one.

I'm not too interested in Zerocash at the moment, the developers would really have to go out of their way to practically livestream them starting the network and "forgetting" the master key.
Darksend will hopefully be finalized soon and on the way to decent ring sig software.

Bytecoin devs could improve too, Bitmonero devs (what devs?) could put forth more effort than changing a few variables and releasing a clone-coin, Anoncoin could implement the same Zerocash as the Israeli researchers and "destroy" the master key...  Darkcoin devs could address the "premine" allegations again.

Still a gamble.

Edit: it is documented, and there is a 3rd party GUI wallet now

Exactly, it sounds like an NSA/GCHQ/Israeli backdoor or a disaster waiting to happen.
Darkcoin will be implementing Cryptonote ring signatures in version 2, so Zerocash is practically pointless as long the Darkcoin team keeps working.

https://forum.cryptonote.org/viewtopic.php?f=2&t=18

"Another important note is about trusted setup in Zerocoin. In easy words the whole system is based on some secret values nobody should know (for example, this secret allows to make a double spend). How to acquire these values? ZC devs says: we can generate them and then "forget" OR we can implement the special algorithm to do in a distributed way at the system start (everybody know only his own part of the secret). The second option, of course, is preferable, but the problem of trust still remains: there is no way for new users to be sure they are not fooled by the early adopters, who has generated the secret values. As you guess, our system has no such trapdoors: every parameter is public, as in original Bitcoin. We consider this as a major advantage over ZC."

Essentially this means Israel/USA may control Zerocash completely. I'm tempted to say screw Zerocash.

Why should we entrust Zerocash?

As far as security goes, you might be horrified to find mind control is more common than expected.
Remote manipulation of bodily organs sure isn't science fiction, in some cases people may be better off not knowing their PK.
Brain wallets are probably a very good choice for most people, of course.

I support your endeavor.

If you control the entire network anything is possible.

Did you type "refresh" in the wallet?

lurk more OP?

usefulness is value, there is also innovation of neat things like a distributed DNS system and a lot of things altcoins are doing these days, energy savings, ASIC resistance, that sort of thing

Take from this what you will, saw it on twitter earlier:

https://cryptonote.exchange.to/market/bcn/btc

Wow there's like no liquidity on this exchange.  Is there a better one?