MRO cannot scale for real world use. It's already dead in the water.
Do you have any evidence for this? Look at his post history. The evidence is there. Wrong - if you look deeper in my post history I was mining MRO for a long time. Yes I am a Dark supporter because I have done my research and am comfortable with my decision. "- is MRO scalable? No. Ring signatures add enormous bloat to the block chain that will become a big problem very soon." https://bitcointalk.org/index.php?topic=583449.msg6862140#msg6862140Also read here from Anonymint who has a lot of respect: https://bitcointalk.org/index.php?topic=583449.msg6662938#msg6662938https://bitcointalk.org/index.php?topic=583449.msg6663386#msg6663386"It already takes hours to days to download the Bitcoin block chain, and you are proposing to increase that by orders-of-magnitude." Darkcoin Dev was going to implement Ring Signatures in V2 - decided against it because of the blockchain bloat that MRO is currently experiencing. So yes - in my opinion - MRO is dead in the water until some of the major flaws are resolved. |
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MRO cannot scale for real world use. It's already dead in the water.
It's having bloat issues already.
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BBC
Coindesk
Wired
Sky news
We need CNN lol
That article from coindesk is going to start the panic buy all over again lol
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HOLY CRAP someone unleashed a kraken on mintpal hhaha
11k+ DRK one sell.
Recovered like a champ though.
He/She/It just made a HUGE MISTAKE. Maybe in the broader scheme of things, but if he/she/it locked in a paid off mortgage or their kid's college education, right fucking on good for them! And this is the attitude that poor people have. Sorry bud but it's true. Think the big picture man. I believe in Darkcoin and it deserves to be #2....I for one am definitely in it for the big picture. |
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what in holy mother of god - massive dump and we still held strong!!!!!!!!!!!!!!!!!!!!
Edit: I also now feel sorry for the guy who dumped.
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There is ALOT of talk in the btc-e troll box about them adding DRK soon ...if they do.....expect HUGE volume increase
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With Mintpal opening the DRK/LTC - watch how everyone will exit LTC and go into DRK..
LTC is on its last legs.
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i should have bought at 60 cents! i don't know why i didn't
FUCK MY LIFE
When it hits $50 you will be saying this over and over again....there's only one solution |
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Whale manipulation has begun on mintpal to try and keep the price down so they can snap up more coins.
240btc sell wall at 0.02 - If i had the BTC id rip straight through it and leave him feeling sorry for himself later.
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Twitter is going absolutely mental after Dark overtook DOGE
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That wall on mintpal is almost eaten - once gone its rock and roll time,
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RC3 Progress ReportI've had some substantial progress on DarkSend and have figured out how to make our existing system as secure as ring signatures. Vastly improved security, no bloat (from the ring signatures) and without actually having to trust new cryptography (it hasn't been extensively tested like what DarkSend uses) . So I think it'll give us a HUGE advantage in the coming months. More to come soon, I'm going to start implementing this tomorrow.  Buy the Dev not the coin!On another note, holy shit batman I am excited for RC3 - this will bring us to new heights - hello LTC |
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If we talk about stealing the coins from "servers" if you have nice long strange password you can sleep well.
Oh yeah. So when kids (literally) steal $ million worth of codes (source codes of products, customer account or even the credit card informations) from huge companies (remember Valve, Sony, or recently Ebay?) with several professional security experts onboard then there is always only a weak password to blame. I guess Karpeles also had a weak password then.  Locking down the security footprint of an entire company in a global environment is alot different to securing a single masternode server.... You have thousands of servers probably with varying degrees of patching, hundreds of thousands of employee's who rarely follow security protocol, double click on any email they see... |
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Wtf this is amazing media exposure. Can't wait to watch this explode and gain mainstream support!!!! Congratulations and thanks goes to you Evan. |
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Next big price increase expected to start end of today or tomorrow
I agree but it's probably best to explain why (for the benefit of newcomers) instead of relying on charts! RC2 completion on May 25th will see masternodes begin receiving passive income of newly mined darkcoin. Anonymous payment system DarkSend gets stronger and more people accumulate multiples of 1000 coins to host masternodes, driving up demand. Truly innovative developers like Evan are hard to find  Transferring the rest of my BTC in now - Buying more so I dont slap myself later. |
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Is cryptsy.com down? 500 - Internal Server Error  Down for me as well - although I stopped using the exchange a long time ago....Another GOX waiting to happen imo. Mintpal is my choice |
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It's not true. Zerocash will be open-source project which mean everyone can analyze its source code. No backdoor can be hidden.
Yeah, lol. Like in OpenSSL or twenty year old window manager code. Code and mathematics that the NSA / Dept Defence has most likely had input into.....If they find a back door - they wont announce it. Add on the secret key that needs to be properly "destroyed" in order for this to work...I dont see this as a viable anonymity solution. |
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http://zerocash-project.org/q_and_a"Zerocash requires a trusted entity to conduct a one-time setup of the parameters of the system. During the setup procedure, secret random bits are drawn and used to compute the public parameters; the random bits are then destroyed, and the parameters are broadcast. " http://zerocash-project.org/media/pdf/zerocash-oakland2014.pdf"This work was supported by: ; the U.S. Defense Advanced Research Projects Agency (DARPA) and the Air Force Research Laboratory (AFRL) under contract FA8750- 11-2-0211;" If you held the key to something which could be worth alot of money or sell later on - would you destroy it.....Would you trust that process or if the key is sold to the highest bidder/NSA, unmasking the entire block chain only for them... Not to mention massive single point of failure! - Crack the private key...the entire currency becomes worthless... No Thanks.... There is no private key. There is a one-time setup where random bits are pulled, and you have to trust that entity isn't storing them just like you have to trust your CPU manufacturer hasn't left in backdoors to remotely flip your CPU to Ring 0, that Gavin won't sell the alert key to the highest bidder to spam the system, that whatever altcoin you're using isn't built with backdoored curves, that all miners won't conspire for an attack on the system ect ect. This uses zero knowledge proofs which allows the system to do valid transactions without knowing the details of who transferred to who. You integrate it with an existing cryptocurrency, Litecoin or anybody else could add Zerocash as a feature. Apologies - I meant if someone cracks the "random bits" that are used as part of the initial setup...then its worthless.....updated my original post. The coin is still worth whatever it's value, all Zerocash does is add a feature where you can now trade coins like cash with no trace on the blockchain. So if Zerocash fails then people can read the blockchain like normal and see transactions going to various addresses, which they can already see now. It's unlikely the developers of say, Litecoin would copy /dev/urandom during setup so you can likely trust them. Or trust yourself, if you decided to release your own altcoin and add this feature in. I can see the value proposition of adding on top of the coin but imagine if LiteCoin implemented ZeroCash, its value went up as people used it more....The coin dev secretly kept the setup key or someone cracked it...everyone's hidden transactions were broadcast. I dont think people would a) want to use the currency anymore b) sell off as fast as possible....worthless... |
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