I don't know what else to tell you, you're misunderstanding either intentionally or not, forgetting what you yourself have just previously said, tell people to read previous posts and fail to do it yourself, and call people liars without any evidence. I'm sure rpietila is happy to have you in his thread.

So you think that the us economy can support $17.5 trillion in funded liabilities and $220 trillion in unfunded liabilities? These currencies are not supported by the economy, because the debt is not supported by the economy. And further analysis of the consumption, debt, service sector based economy demonstrates that that economy in and of itself is unsustainable. 

POS is backed by the network. Do you think that these crypto-currency networks have value? Then by that estimation the fractional ownership of these networks reflected by each individuals stake must also have value.

Yes, exactly! And now the same thing is somehow worse if it's Darkcoin whose network is stalled?



And one last time, it will NOT destroy the anonymity, the sends would just not go through if the nodes are DOS'ed. And do you think Cryptonote's nodes are somehow hidden? How do you think clients will find them if they are lol.

Just read what you wrote an hour ago (as you apparently already forgot):




So, the effect would be exactly the same.

Ok, presently the network would just seem stalled. Anonymity would NOT be destroyed. Happy?

lol



LOL



False. If you'd DOS or take down every masternode in "Darksend+" (implementation should be ready in couple of weeks), that would NOT destroy DRK's anonymity, because all coins in peoples' wallets would already be anonymized. Only those coins (= inputs) that have not been anonymized, will go through masternode's anonymization process. And, for those clients, the network would just seem stalled. The anonymity would NOT be destroyed.

Your math is wrong all servers located with Amazon can't be considered "masternodes" they are NSANodes where NSA does not even pay for upkeep. Anything centrally located nodes means no anonymity at all with zero cost for powerful attacker.

It is very unfortunate the launch happened as it happened. I was pissed off at the start too. The market has probably priced it in by now however.

Let's assume that both DRK and CN coins have enough anonymity to evade everyone except government entities. I know you think Darkcoin anonymity is trivial, but the reality is that neither you  (nor anyone else from competitor coins) can trace a transaction.

To simplify things a bit, let's assign a numerical value to anonymity. Let's say Darkcoin has a value of 2, CN has a value of 2.5 and you need 5 to achieve "true" anonymity.  Let's say that our arbitrary value of 2 is good enough to evade everyone except the NSA. A rating of 2.5 does you no additional good, because it's still less than the 5 you need. So although you can say it's technically more anonymous, that "extra" anonymity does you no practical good, while the platform that provides it actually has negatives. Can you see what I'm saying? Why would anyone looking for privacy/anonymity go with CN, if it provides no additional benefit, while introducing new problems into the equation?

edit: I know you'll try to bring nodes into this, so once again, I'll remind you that CN nodes can also be attacked. And don't say you'll have more, the bloat will diminish the number of nodes you would have otherwise had.

It's like he doesn't understand the argument.

Lie about what? Anonymint said in the XMR thread, that CN transactions can be Sybil attacked, so that you'd be mixing mostly with adversary's own generated transactions. And now you are saying that's not true. Where is the lie?



Yes, exactly! So, what's the reason to start a totally new coin with totally new issues when even that won't help you to get NSA proof anonymity anyway?



And another XMR dev corrected him. So maybe it's you who should go read up on previous posts:




No, they haven't been answered, and no, they don't have a solution. Where are my "lies" again? And btw, huge bold fonts just make you seem tilted.

Darkcoin's Flaws:
[/size]
1) Darkcoin has a 50% instamine by it's own developers during launch, as the block reward was set to 500, and there was no windows wallets/miners. Evan, the developer, and Internetape, the other developer, instamined over 1million Darkcoin's within 24 hours.

2) Darkcoin's name itself, Darkcoin, will always be affiliated with illegal activity like the Darkweb, Drugs, etc, and the name itself ensures that Darkcoin will never reach anything close to mainstream acceptance.

3) Darkcoin's "anonymity" is based on coinjoin, it simply mixes users coins around, making it harder to track it. However, if even the slightest taint if found when mixing the coins, an investigator will be able to deduce who sent what and who received what. The maker of coinjoin, Gmaxwell, deeply criticized Darkcoin since it's coinjoin based "anonymity" is basically a joke.

4) Darkcoin's mixing system/coinjoin relies on something called Masternodes, Masternodes are nodes that are set up by people, anyone can set one up, and Masternodes are the things that mix the coin around. Masternodes also present many risks besides giving trivial "anonymity", if all masternodes are owned by one individual, he will be able to "de-anonymize" Darkcoin and see all transactions clearly.

5) Darkcoin's Masternode Payment system has forked the network many times, and has failed Twice in the effort to pay the owners of Masternodes.

6) Darkcoin's Masternode/Darksend system is closed source, so that means the developers could be stealing coins, or doing any other malicious things, and it will remain unnoticed

7) The Masternodes can always be DDOSed, effectively shutting them down, if the majority of Masternodes were taken offline(they are mostly hosted on Amazon servers), then Darkcoin's trivial anonymity will completely shut off

There are many many other flaws, it will take up too much space to list, so I've listed the main ones.




Bytecoin's Flaws:

1) 82% instamine by a small group of miners over the course of 2 years

2) Bytecoin devs are shown to be incompetant, they recently tried copy/pasting code from other Cryptonote coins and it resulted in their own codebase getting even buggier than it really is, resulting in users loosing their coins when they sent them in a transaction.


What do Darkcoin and Bytecoin have in common? They were both hugely unfairly mined(instamined/premined), with Darkcoin having a 50% instamine at it's launch by it's own development team, and Bytecoin having a 82% premine over the 2 years it was kept secret by a very small group of miners.

Lol ! Looks like trolls have come back ))

Darkota , there is no stupid people here to listen to you, and even large font won't help you to fool anybody.

I'm not going to unignore you until you stop spreading FUD and reply only to the content of my post. We all know you hate Darkcoin's instamine, you don't need to bring it up in every post. It just makes you look like a raving troll.

I was never offered a satisfactory response to the following question I asked a couple of days ago: If Cryptonote is not NSA proof, what does it offer over coins like Darkcoin that also give non-NSA proof anonymity ? With the current paradigm Darkcoin is using, only the NSA ( or someone equally powerful) will be able to target and deanonymize users' transactions. So why go through the hassle of a new, unvetted code base for no resultant benefit? If Darkcoin gets you to the point that you're anonymous from everyone but the NSA, and it does so without massive bloat, bugs etc, why would anyone need CN coins?

Darkcoin will likely be ready about a year sooner than any CN coin. And yet the end result will be effectively the same. I know you guys all like to say that CN coins give anonymity now, but that is disingenuous and you know it. They may technically be anonymous, but they are FAR from ready for real world use.

Twice as big, with 1/100th of transactions. And, incase you didn't notice, I said "mainstream adoption".



Strange, that you (or anyone else for that matter) didn't say anything when Anonymint made the same claim in XMR thread. Are you suggesting that Anonymint should also "read up on how Cryptonote Ring Signatures work"?



Yes, NSA can do that. So why go through all that trouble creating a new crypto coin from scratch if even then your anonymity won't be NSA proof?

Most of the current growth is due to empty one-minute blocks, which is not inherent in the design at all, and can (and probably should) be changed to a slower block target. For example, as I write this 5 out of the previous 6 blocks are all empty:


Very little of the actual current growth is due to the size of ring signatures. Increased usage will cause sub-linear incremental growth because the first thing that will happen is that empty blocks will have transactions added to them (reducing chain overhead from 100% to <100%) and the next thing that will happen is that block headers will be amortized over a larger number of transactions.

In some hypothetical future if XMR has transaction volume that is comparable to BTC, its block chain will be several times larger since its transactions are larger. If that happens, the market will have accepted that a constant factor (very likely <10x) of increased chain size is an acceptable trade off for increased privacy of transactions on the chain. I see no way to objectively predict whether that will happen.