Isn't the masternode scheme a more decentralized approach than ring signatures? My point being: If someone finds a way or backdoor to 'break' the ring signatures, pretty much all transactions becomes unlocked(thus centralized to the concept). While in the case of masternodes, you'd have to gain control over the entire network?

Am I completely out in the blue?

One thing we have to remember is that most people are not miners. The miner,  is someone who contributes to the network and helps keep it running. Then there is the investors, the investors can make or lose money, some get in really early and buy huge chunks of the coin and fucks up the distribution.
Then there are the users, they don't care about the price just prefer a stable price, so that they can buy and sell stuff without too much fluctuation. They want a solid network that can problems out of their business(government tax, slow transactions, etc.)

We are at a stage which mainly circles around miners and investors, therefore people are simply yelling at each other and promoting their stake.

Hehe, well, since it's a quote from wikipedia I figured "cryptonight" is some kind of misconception. If not - fine.
My goal is not to prove that Monero is a government hoax, but since Monero is based on Bytecoin - which has evil written all over it - it seems like people would need to hear the background details before jumping on to your (Monero investors) advertisement.

That. And also, Im a Dash fanboy, its simply the real deal. Much fun, instant transactions and coin scrambling.

Look at it this way:

*Darkcoin appeared early 2014, no other coin or developer (with the exception of darkwallet for bitcoin) was even trying to achieve anonymity.

*Evan and the other devs managed to get anon working a few months later.

*In May 2014 people realized the value of anonymity, price exploded. Pretty much the exact time that Darkcoin rise in value, an unknown coin(Bytecoin) and CryptoNote technology appears. They claim to have been active in the darknet since 2012(!!) yet the blockchain is smaller than monero's.

*The CryptoNote technology is highly sophisticated, and people speculate that it can have connections to NSA:

"Keccak hash has been chosen as a proof-of-work function in CryptoNote several months before it has been announced as SHA-3 hash function competition winner.

Using non-deterministic random in CryptoNote signatures might be a backdoor intentionally left by NSA in reference implementation." (from wikipedia: http://en.wikipedia.org/wiki/CryptoNote)


Since the release of Bytecoin/CryptoNote, many shitcoin-clones appeared. Compared to the developement Darkcoin has undergone, Monero is still just a clone.



Summary:

Since CryptoNote is developed by some strange, obscure group of people, there might be some backdoor: "Using non-deterministic random in CryptoNote signatures might be a backdoor intentionally left by NSA in reference implementation."

Darkcoin distribution is ultimately of no significance since it wasn't even anonymous at launch. There was no incentive for potential instaminers to hold their share.

All coins have more or less the same level of distribution:
                    
Bitcoin Top 100 addresses own: 20.07% of total supply
Litecoin Top 100 addresses own: 45.37% of total supply
Darkcoin Top 100 addresses own:  27.52% of total supply
Dogecoin Top 100 addresses own: 43.25% of total supply

https://bitinfocharts.com/

Why not just call it Dash?

Touching the 0.02 mark @ bittrex!

Meanwhile Monero seems to have forgotten something down'ere

This thread should be closed with that one!

I once had over 2k Darkcoin, now I have only a fraction of that. Sometimes mistakes are made, and we pay the loss. But I'll just have to hold on to my leftovers, because this market has now brought about what Satoshi was aiming for.
Darkcoin is a product of trial and error, of hard work, and a persistent community. It provides all the necessary parts to carry this new blockchain technology to the next level. Surely it's not the last of its kind, but the next coin will have to challenge the weaknesses of Darkcoin, just as Darkcoin has done with Bitcoin.

Im glad to be a part of this, see y'all in the future.

Hold for the applauds, at least we stole the show!

People are just silly.

If he would have pulled of this great 'conspiracy', how come he had to buy coins? https://bitcointalk.org/index.php?topic=421615.msg5007248#msg5007248


If darkcoin isn't fair, then what about bitcoin? Bitcoin was stealth mined for years.

And what if whole bitcoin community knew about darkcoin and everyone mined it? Then people would still come a year later and say "this is ninjamined, only a small community mined this shit". It's all relative - and the distribution will always benefit the early adopters.

Im not saying that we should allow and encourage unfair distribution, Im just trying to imply that we have yet to invent a fair distribution model, because its just childish to say that any other coin is better distributed than darkcoin.