I dumped this coin yesterday for 40% profit as soon as it became clear the encrypted addresses only apply to the web block explorer.
I'll wait until there is something working as a lot of coins are promising anonymous but only DRK, MRO AND BCN have it working.
In the long run do you think DRK will be the winner? MRO is the only other one worth considaring. DRK is massively premined (something like 20 to 30% of all the coins mined in the first day according to the block explorer). Darksend is also closed source and thus not reviewed by peers. The market cap is now also pretty enormous... each 100% increase in price costs a fortune now. Plus the protocol is not fully anonymous and they are looking to incorporate MRO's ring signatures instead (DRK dev admitted he's working on it). MRO on the other hand is not premined. The supply curve is a straight line starting from zero as you can see here: http://monerochain.info/charts/coins There's also less than a million coins in circulation. And the market cap is 25 times smaller than DRK. Since there's virtually no coins out right now that are anonymous and DRK has grown to a massive market cap, it seems logical that any other coin that offers anonymity features is underpriced. Hence the rush of new coins such as SYNC, XLB, XC, promising anonymity features being worked on. I don't know if MRO will be a winner, but I do strongly believe it's undervalued. |
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 thats all you need to know about DRK. Is that really true? No wonder the guy behind it is supporting it like it's his full time job. |
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- Basically what BlackCoin needs is a coinbase like service but just for Blackcoin. So your average joe in the street can easily buy a small amount of them and store them in that service online. So they don't need to worry with the hassle of downloading blackcoin qt and the blockchain etc. This should be a trustless service.
- We can then market this service in conjunction with the PR campaign.
- A bonus would be having a dev working on some anonymity feature.
^ What I describe is a dream scenario. With those three things combined the price would go up x10.
This is short therm thinking good but short therm. Serious people to attract serious investors have goal and plan. We as community can eg. vote in foundation on direction of BC which will promote in BC foundation. 1. GIVE BC GOAL why because when you don't know where you are going you will never go anywhere. Main goal of BC my eg.: 1st digital currency which is easy in use and works perfect as store of wealth. ... 2. Plan road map which goeal can bring you to your goal faster. 3. Go to goeal till you achive it fix mistakes and go to goal. Now you filter your ideas with goals: - anonymity feature - is not best for as our main goals BIG future investors could be deter by it so why go that way when you can lose more in future because of present greed ? Because you can get +20% in next week and loose 99% in one year when governments will hunt business supporting anonymity... Personaly i don't want anonymity at BC this is not suits our goal try think in more than month period you you see more dark traps than overall +. My first two points are the main ones. The last point of anonymity feature is just a bonus. Regarding anonymity, it will be coming to Bitcoin sooner or later anyway so I don't view it as a dangerous thing to have. However it's not a top priority. Our number one goal, in my opinion, is to make a service which allows anyone to buy BC quick, easy and safely. Just like coinbase. Every new person who buys BlackCoin is another person who is on our side and will spread the word. |
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Your post shows how misinformed/ignorant you are.
Masternodes are an ingenius idea.
They serve to anonymous transactions
They serve as an incentive to uphold the network
Monero only has Ring Signatures going for it, which has terrible issues such as bloating and scaling, not to mention that anyone and his grandma can made a Bytecoin fork, like the devs of Monero did.
17 posts made by you in this topic in the last 24 hours, all bashing Monero and trying to spread fud  Have much of an agenda? |
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I told Evan to reconsider the use of ring signature due to their scaling / bloat issue a bit prior to his post: https://bitcointalk.org/index.php?topic=421615.msg6862900#msg6862900If he can do it without ring signatures+bloat, we're great. What we are actually discussing right now is this: 99.99% of transactions are already private/anonymous to all but a bad actor that has access to all the network. Otherwise if someone sees a DarkSend they don't know who sent what to who. (provided they'll also have IP obfuscation / TOR etc) So, we are not talking about achieving privacy or anonymity right now. We're trying to be NSA-proof, or close to that so that the theoretical event of someone knowing what goes on is eradicated. As far as I understand, Evan has an idea on how to improve the way masternodes conduct their transactions so that even the nodes don't know what they are transacting. When that happens, even controlling all the nodes will be futile as an attack vector and almost total anonymity can be achieved - at least as far as coin mixing goes (Bytecoin is also coin-mixing, Zerocoin is in another league but has other drawbacks). Masternodes are such a blatantly broken idea I cannot imagine someone encourages it in good faith. How do masternodes/miners/whoever verify if a coin is not double spent and originates from a wallet with sufficient balance if they don't know what they are transacting? There are three options: 1. Zero-knowledge proofs, but that is Zerocoin at the moment and the drawbacks are catastrophic. 2. Ring signatures and similar constructs that hide the sender in a subset of the network. 3. Some other information leak that is not documented. Do you understand why there is no other way? If the New and Improved DRK implements 2, then it has at most the same strength as MRO and possibly less, with the added bonus(?) of more, unnecessary centralization. If it implements 3, then it is a failed anonymity solution. +1. Darksend also needs to be open sourced asap so it can be thoroughly vetted. |
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Cryptonote and ring signatures have serious issues working smoothly, DRK isn't finished yet either, right now no coin has a highly functioning anon feature, this is the fact. Sorry to see you go though.
A bird in the hand is worth two in the bush. I would rather have something working with potential, than something that is going to work high functioning but doesn't exist yet. The crypto community is full of empty promises. However, I will be the first to invest back into this coin when/if the anonymizer is launched. Good luck guys and ignore people bashing the dev for the tiny premine! |
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- Basically what BlackCoin needs is a coinbase like service but just for Blackcoin. So your average joe in the street can easily buy a small amount of them and store them in that service online. So they don't need to worry with the hassle of downloading blackcoin qt and the blockchain etc. This should be a trustless service.
- We can then market this service in conjunction with the PR campaign.
- A bonus would be having a dev working on some anonymity feature.
^ What I describe is a dream scenario. With those three things combined the price would go up x10.
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I dumped this coin yesterday for 40% profit as soon as it became clear the encrypted addresses only apply to the web block explorer.
I'll wait until there is something working as a lot of coins are promising anonymous but only DRK, MRO AND BCN have it working.
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I hope Darksend Masternode investors did their homework on Ring Signature technology. When coins already exist (Monero) that are more anonymous than Darkcoin/Darksend without requiring centralized nodes only accessible to those rich enough to afford the arbitrary amount, it stands to topple your whole system.
Monero is like a decentralized Darkcoin if you think about it.
This  Price will go easy over 0.01 Funny, because Monero's Ring Signatues have horrible scaling/bloating issues. Darkcoin's Masternodes are already as anonymous as the Ring Sigs, and don't forget Evan is going to implement Ring Sigs and I2P. Monero is left behind in the dust. Get the fuck out with that instamined shitcoin. +1. DRK coin panic buyers are scared they are soon to be bag holders. Whatever way you look at it Monero is grossly undervalued at present. |
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DarkCoin is way ahead. The Monero is just a proof-of-concept and command-line hacker only. It's far from a stable wallet that the average user can use. Miles and miles behind. DarkCoin has also Masternode mining which opens a new dimension for mining.... more incentive.
Bytecoin devs are elusive and have been mining their own coin since 2012 while everyone else was left out....
Isn't Darkcoin closed source though? And I thought they were thinking of copying the ring signature idea as it offers enhanced anonymity? Monero is many, many times cheaper than DarkCoin too. |
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GPU mining capability would also attract a lot of people.
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Number 1 priority for this coin should be making it more user friendly.
I had to do quite a bit reading to figure this all out. The good news is once we have a friendly GUI wallet and clearer instructions, we'll get tons of new adopters.
Right now I view this as a DRK-type coin... which lay under-priced for weeks until it went to the moon.
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Let's do a quick recap of Sync since launch since it differs from most coins.
1. Smooth launch, pools were ready for the most part.
2. Dev present before and after launch, used their actual account and not some random noob account.
3. Sync blew away the most established x11 coin's (dark) total hashrate by huge amounts.
4. Dev promises block explorer and multipool, we now have both!!! People I can't tell you enough how rare it is to have the multipool before PoW ends. We can help protect value and earn more coins while others dump for pennies.
5. Sync is awesome, bottom line.
This is a good point. Libertycoin is still struggling to get their own mulitpool and have even a 1 BTC bounty posted today to encourage it. |
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is there a release date for the message-feature?
Wallet integrated chat room hopefully soon (days) -- and encrypted messaging will be after that (but an ETA is not available as it is 100% new code. Our dev's are working on it as fast as possible though) Can you post any of the code to github so we have proof you are actually working on it and making progress? |
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Just to mention it again. There is a multipool mining other coins and paying out in Scrypt ! Its been working for a few days and miners report great profit ! ( would say that they got huge profit as the MP did buy at around 0.4 0.5 and now its almost double but whatever ) . Right now the MP has only 110 mh ! Spare some miners and point them in this direction, this is another way you can help SYNC ! The bigger the volume on the exchanges, the more people will check the coin and get interested. You dont have to point all your miners ( if you have multiple miners ) just point 1 or 2 http://sync.multipoolmining.com/Very nice. Plz join this guys are you going to replace your sig with SYNC Nope  Thought about it and decided to go team SYNC and put it in my signature. |
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keep on selling, spread the coins, everyone wants to get in ! dont keep them all for yourself ! marketcap is still incredibly low Interesting fact - At the current price a 1000 BTC day at Mintpal would buy every coin in circulation. Pump her up boys. |
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Just to mention it again. There is a multipool mining other coins and paying out in Scrypt ! Its been working for a few days and miners report great profit ! ( would say that they got huge profit as the MP did buy at around 0.4 0.5 and now its almost double but whatever ) . Right now the MP has only 110 mh ! Spare some miners and point them in this direction, this is another way you can help SYNC ! The bigger the volume on the exchanges, the more people will check the coin and get interested. You dont have to point all your miners ( if you have multiple miners ) just point 1 or 2 http://sync.multipoolmining.com/Very nice. Plz join this guys are you going to replace your sig with SYNC Nope |
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Just to mention it again. There is a multipool mining other coins and paying out in Scrypt ! Its been working for a few days and miners report great profit ! ( would say that they got huge profit as the MP did buy at around 0.4 0.5 and now its almost double but whatever ) . Right now the MP has only 110 mh ! Spare some miners and point them in this direction, this is another way you can help SYNC ! The bigger the volume on the exchanges, the more people will check the coin and get interested. You dont have to point all your miners ( if you have multiple miners ) just point 1 or 2 http://sync.multipoolmining.com/Very nice. Plz join this guys |
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Shouldn't this topic put the encrypted anonymous addresses and other crap in the title?
Will definitely get us more views.
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