Bitcoin Forum

There will be a big market for anon coins in the coming years..

Now that DRK/DASH is a proven instamine scam with zero credibility, what coin will replace it and why?

Anon coins are just an excuse for pump and dump schemes. Period.

dash the instamined coin was never a competitor. On a technical level, it's masternode scheme is PoS and by default centralizes the network(very bad thing). The only anon cryptocurrency thats worth it is Monero.

I'll never use a coin that isn't anonymous. Being stuck with a transparent blockchain would be a dystopian nightmare. I'd rather just scuttle cryptocurrency altogether at that point. This should be rather obvious to anyone with even a halfway functioning brain.

Then all anon coins are better than Bitcoin.

Except for certain factors like liquidity and security, yes. These will be resolved once Monero/Dash/etc attain more users and market capitalization.  I don't use Bitcoin in any way other than as an investment vehicle.

Well... I don't think I can say something against that claim. Some people may understand why.

My hope is that a new "Dark" styled coin will come along but the developer won't be a greedy twat.
I mean a small amount of premine... I can accept this.. But when you literally mined out half the damn coin sneaky style. Fuck you.

People still buy and sell that crap even after it's been proven it's nothing more than pre-mine garbage.. and that sayz volumes about the state of crypto in my humble opinion.. Stop hyping shitty premined coins and start backing innovation and fair play.

Monero

HAHAHA you do not even understand the reason crypto currencies were created do you? fuck me dead.. to escape the collapsing fiat system, that was the purpose of BTC this will only work with a annon coin, BTC failed but laid the path for others.

It's called SDC, and it blows all competitors out of the water, including DRK Evan even tried to buy off the SDC team months ago they are that good, in 6 months they have delivered more innovation to the crypto world then any other coin including BTC, and that was with 2 developers working part time, we now have around 3 people working full time and another 8 part time.

It seems that you are the one who does not understand how this will "work" in the first place.
There are plenty of ways to keep your identity in secret with any of the coins out there.
If you think that some months or years from now you will start waving your "thing", bragging that your coins are untraceable, then think again.
This is only one more reason for authorities to be more harsh with cryptocurrencies. Nothing more!

But some of those ways are much, much better than other ways and that is the point.  ;)

of course CRAVE!!!

LOL AdamWhite you so funny!

I will ask you again if authorities start seeing this as a way of "printing" money and use them for suspicious endeavours.

A Zero Knowledge Protocol coin may be the one that prevails, if just one coin does. But Dash/Dark doesn't need to be "replaced". Dash has a market cap of $15M, and this is with a lot of coins locked up in MN's.
A successful anon coin will be quite a lot bigger.
http://en.wikipedia.org/wiki/Zero-knowledge_proof

http://zerocoin.org/

XCoin/DRK/DASH will be forked and renamed

I think the shadowcash team is doing a great job building an untraceable coin with built in encrypted messaging and a decentralized marketplace.  SDC is the most undervalued coin for the technology that they are building.

Agree, there is no really anonymous coin only if you don't use it to buy anything real.
bitcoin can be anonymous if you use it properly.

Delusions, use third party mixers?

People were happy with banks too, satoshi opened their eyes. Bitcoin is just a small carrier to big things. True financial privacy and ownership is coming, buckle up

What is so good about SDC. I see a lot of people hyping it but there is very little or no explanation as to why it is superior.
Why is it so good?

I'm guessing that you are talking about if governments defined cryptocurrencies as printing money that they could declare them illegal?
Which AFAIK has already been determined not to be the case in the US as was discussed much in the early goings of Bitcoin legislation, nor would this exclude Bitcoin if the regulators decided to view the existing laws differently.

Now as the specific statement that i think you are making about a coin being anonymous and therefore used for suspicious activities and that having some impact on there legality or regulation, again I'm guessing at your meaning. I would say that it also falls on Bitcoin if you believe it can be made anonymous enough. Now, if you are saying Bitcoin isn't that anonymous, and more anonymous coins can be singled out for regulation or legality, I'd content that as long as they give you the ability to show authorities your transaction history for legal or tax purposes, then you would be keeping with the law and no distinction could be made between a coin with a transparent ledger than one with a opaque ledger. Monero does this with a viewkey as I'm sure any of the cryptonight coins could also.

Did i interpret your meaning clearly?

^
This.

As long as things are transparent, I think there will be no issues. Problem is that cryptocurrencies must be developed to be adopted more widely, rather than focus on that notorious anonymity for which so many people are eager about. If we look on cryptocurrencies as money, then you can't just think you can do whatever you want without expecting some consequences.

Please explain why you believe so 

Well Stellar just replaced it at cmc as number 4 and the jokeDogecoin has more volume.
By the look of things it is a game of nerves at the moment .   Does Paycoin rings a bell?

https://i.imgur.com/diwbbpE.png

In the real world, if a business changes its name a couple of times, people wonder about that,
and the business would likely lose money from doing that,
but in the fantasy world of crypto, a coin changes its name twice and who notices and who cares?

This was a very impressive coin from the beginning. With the very slow emission curve it is the perfect coin to start mining now. Early adopters were not rewarded with the lion share of all coins. Of the Cryptonote coins with an official GUI (XDN, BCN and BBR) please look carefully at the emission schedules and decide which one looks the most equitable considering the coin features that existed at the time most coins were being distributed

I think Boolberry has great potential to displace DASH based on its superior technology and fair distribution

Nothing based on Bitcoin is anonymous, as long as packets are sent as plain text and peers listen on pre-defined port numbers there is no anonymity.

I have never heard a simple description of why DRK DASH is worth a shit.

XMR has always been expensive (expensive mistake for many in retrospect) but has normalized at current prices.

Not all anon cryptonote are better than Bitcoin. All protocols either bitcoin protocol or cryptonote protocols are safe (in term we never loose coin, because blockchain is protected by network) the only advantage of cryptonote over bitcoin is anon. But if you dont mind doing comparison again, BBR(stand for Boolberry) has enhanced cryptonote by inventing blockchain reduction(by pruning ring signature), fast pow wild keccak with scratchpad, wallet address aliasing, network alerts, nice gui wallet. Which result very fast synchonization with network, smooth transactions not to mention anonimity.

The only cons of cryptonote (not BBR) is blockchain size,  just try to resync XMR, it will take days, while Boolberry only needs few hours/minutes. Good practice of crypto is users should backup the blockchain regularly. You might notice recent BTC blockchain problems, it will happen again and again, syncing with network is really pain and wasting time unless blockchain backed up regularly, but also huge blockchain is difficult to be backed up regularly (daily backup for at least 10 days record).

I admit BBR has some nice features. However ignoring the community size and level of developer interest (which I think is very important) XMR may have another advantage.

Could it not be argued that not pruning is safer from a security standpoint (XMR does not prune)?

Dash takes the most popular / trusted anonimization usage from the real world today (BTC tumbler) and makes it integrated / faster / more convenient / trustless with no 3rd partys.  Then it's ahead-of-time tumbling so you don't have to wait to mix with other anonymous transactions like Cryptonote (which is also unproven in the actual market due to it's lack of practically any adoption/usage).

Second the tech to do this (masternodes) provides an incentivized second-tier of fullnodes that can then be used for a lot of new uses not possible with Bitcoin's single-tier voluntary service provider approach. Features like instant transactions (transactions locked in the MN tier without having to wait for the next block) and decentralized governance / funding for coin development and pruning/abbreviation to prevent bloat and likely lots of use cases not envisaged yet, all provided by tier of (currently 2800+) fully hosted / maintained servers operated by the coin users themselves.  

The high value today compared to most other alts is a reflection of the potential value the market sees for the Dash 2-tier technology that positions Dash to capitalize better on opportunities and demand coming out of the ongoing merging of crypto currencies into main stream applications and services as the whole space matures.  In other words, 2-tier architecture is a much more versatile and flexible approach that provides a lot of added value, and is unique to Dash so it has the first-mover advantage.  This coupled with the track record of consistently delivering working features as planned with a very professional and busy dev team and the large community / ecosystem forming around it.  And has some of the most involved ongoing development of any coin e.g. https://dashtalk.org/forums/testing.53/ which is prerequisite to providing confidence it can succeed in delivering a value-add over Bitcoin from a technological perspective.

More details on the anonimization features from the main dev: https://soundcloud.com/mindtomatter/ltb-e196-distortions-towards-privacy-or-many-hands-makes-light-work

I belive that Zerocash/coin will replace any existent anon coin if it comes out.

Bolded phrase doesn't mean what you think it I means.

1st party = sender
2nd party = recipient
3rd party = masternode


Bolded phrase is false.

In my testing of all the coins based on CryptoNote, DigitalNote (XDN) has been the most solid.  So this anno coin is very much in my long term portfolio.  If the devs can keep producing solid code and features, I could see this rising to the top of all anno coins.   

Haven't heard of Monero yet?

The dev team of BBR served the task of solving technical problems, and it has been never failed doing that. I think that is enough.

The full intact blockchain with all ring signature is provided. Check the website, there is a link to it.

check SDC out this article explains it well https://www.deepdotweb.com/2015/01/28/shadowcash-zero-knowledge-anonymity/ also this one http://digitalmoneytimes.com/crypto-news/shadowcash-introduces-shadowsend-v2-featuring-ring-signatures-zero-knowledge-anonymity-lots-more/ and this one http://motherboard.vice.com/read/the-race-for-the-first-decentralised-silk-road-is-on
and we have just starting testing HD wallet and some other exciting things http://shadowtalk.org/topic/437/v1-3-testnet

You people are so far behind on new tech it's hilarious.

Even if a coin like BBR is technically sound, it is hard to attract merchants and more developers if the founding developer is no longer active.

We all know Satoshi is gone but BTC development continues. However Bitcoin attracted a lot more development interest before Satoshi left than BBR has so far.

Monero has by far the largest community of all cryptonote coins today. It was the first cryptonote coin after the bytecoin 80% premine scam.

A website you say? Is that something like paypal?

Shadowcash will replace it

Another insta-accident-mined coin with a brainwashed cult of NSA-node loving, centralization having, non-crypto knowing fuck-ups will replace dash. Or they'll just change the name again  ;)

Why so much hate on Dash? You can say what you like, tech wise superiour to any other anon coin in my book...

Your book is wrong. I'd read another one.

Good arguments :)

As good as yours but here you go:

Masternodes are human dependent points of failure that have as much business being in a crypto-system as a hole at the bottom of a bucket--keep on plugging it.  ;)

http://ak-hdl.buzzfed.com/static/2014-10/27/18/enhanced/webdr11/enhanced-8163-1414449978-25.jpg

http://boolberry.com/downloads/windows/blockchain.bin

That's link for full blockchain.

Monero, Vanillacoin or Cloak with their decentralized non techs will replace the shit called Dash.

this is what shadow has had for months it works and we just improved on the ring signatures by 40% and added bip 32 addresses beta test it here http://shadowtalk.org/topic/437/v1-3-testnet

bumping for greatness

Most anon coins will replace DRK/Dash.

Why?
¶ It fails the KISS principle 'Keep it simple stupid.'
¶ Massive premine
¶ 4th generation "X"coin, Sifcoin (X6) of which Qarke is a copy of followed by Qubitcoin (X5) 
¶ Master terminology is from an era long gone and against crypyo ideology of decentralization
¶ Closed source "instand-X" revealed itself to be just another copy
¶ Kamikaze move of re-branding to a crisp clean laundry detergent
¶ To many forks anyone cares to count
¶ Same bunch of scoundrels who scream buy my endless free produced coins coming out my dark a... 
¶ Taxed
¶ Zero chance of being on coinbase or other reputable place and old crowd alienated with rebranding move
¶ Never any volume as coins tied up for no other reason as to make the starting misshapes worse with every passing day
¶ Snake Oil
¶ Well known pathetic paid story writers prostituting themselves and take on any client
¶ 3rd party dependable human points of failure
¶ https://bitcointalk.org/index.php?topic=1134895.0 (https://bitcointalk.org/index.php?topic=1134895.0)
¶ . . . .

Time to get your bets on whoever chooses right will make a small fortune. I hope and think Monero will replace Dash.

Did you miss the launch and are now jelly?  :'(

GorillaBucks once people get over their disdain for me personally and actually look at the coin for what it is

Boolberry really is a great coin and friends towards later adopters. Unlike the 80% BCN premine and very fast mine at XDN before any innovation occured (and while the name was ducknote and then darknote) BBR is really great. Nice GUI, mixin solution, unique hashing algorithm, and supernet inclusion.

For all those waiting for devs to release new innovation and tired of delays, check out BBR. It was a polished product quickly after release last year and the emission schedule is very friendly for those just learning about it now. Its market cap is also only a tiny fraction of XDN and BCN at the moment

Monero is a pretty safe bet.

CloakCoin will no1 anon coin that only matter of time now!

number 1 lol with what coin mixer... SDC is what you looking for