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Darksend Demonstration by Eduffield

I think many critics of Darkcoin have very little understanding of how Darksend works and why it is better than cryptonote or ZeroKnowledge. This post from Evan from darkcointalk summarizes it very well and demonstrates Darksend for newcomers, please bump every few pages.

Quote from: eduffield

Good post, bump.

I was reading http://www.scientificamerican.com/article/quest-for-quantum-computers-heats-up/ and it reminded me to bump.

well in general quantum computers will change almost everything in IT.. all the current encryptions will be worthless, so considering this scenario we would have to talk about something else

A proper quantum computer would impact traditional asymmetric encryption algorithms. It would have little or no impact on symmetric algorithms. There are already alternative asymmetric algorithms, but they have significantly higher overhead.

It's not even clear that quantum computers can scale to the level required for amazing things like breaking traditional public key systems. Although in my opinion it's just a question of time, so it would be best to continue to assume the worst (eg, the Bitcoin protocol cold storage design).

GNULinuxGuy

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