It's not about BTC-e just going and adding every new coin that pops up overnight, but just adding the ones that generate significant volume.
When's the last time they added a new coin?
Look at the top 20 coins now by market cap. They are missing tons of potential revenue. Just by adding a few of those they would attract some new customers and have their current customers trading the new coins as well.
True, it is a mystery. Eventually BTC-e will loose out even in the bitcoin/usd trading market, as people flock to different exchanges for a wider variety of coins. |
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Below is Anonymint's post on Zerocash, Cryptonote, and Darkcoin. He explicitly says he prefers Cryptonote over Zerocash, and his own words on Darkcoin are ," Darkcoin (CoinJoin innovation) is really not at the level of the two above. You can review my comments in the Darkcoin thread to see why."Zerocash will be announced soon (May 18 in Oakland? but open source may not be ready then?).
Here is a synopsis of the tradeoffs compared to CyptoNote:
1. Zerocash hides everything, even the money supply so if the master key was compromised or if the highly complex bleeding edge crypto is cracked, no one will know.
2. They will claim to generate the master key at a ceremony or devise a way to compute in parts, but nothing they can do will insure it isn't compromised. CPUs even have special firmware that allows the NSA to reprogram them remotely, and even computation can be intercepted wireless with RF signals. Whereas we have to place all trust in a single party with Zerocash, with CN the trusted parties are changing on each transaction. Compromising the master key doesn't compromise the anonymity, but does compromise the money supply which could be expanded invisibly. Cracking the highly complex bleeding edge crypto which has not been sufficiently vetted over years, could compromise the anonymity ex post facto (it is all on the block chain).
3. Both CN and Zerocash use a form of cryptography which is not immune to quantum computation attack, if that becomes a reality in the future.
4. Zerocash transactions add up to 3 minutes of additional transaction delay which is much worse than Zerocoin. Zerocash (full node computation and block chain) resource requirements are centralizing but much improved over Zerocoin.
5. Zerocash hides everything so it is not necessary to obscure your IP address.
Thus on balance I prefer CN, but I like to see it altered to use a quantum computer resistant algorithm. And then we need to add IP address obfuscation as well that is superior to Tor and I2P.
Darkcoin (CoinJoin innovation) is really not at the level of the two above. You can review my comments in the Darkcoin thread to see why.
Below is Gmaxwell's, the maker of coinjoin, post about Darkcoin. "More amusingly, what DarkCoin does is highly centralized because the software is closed"Ozziecoin, Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach. I'm normally happy to ignore the nonsense in the altcoin subform, but since you saw fit to go distrupt the coinjoin thread with some offtopic insult hurling I thought I'd bring the extensive response back here where its topical.
CoinJoin is trustless— which is orthogonal with centralized or decentralized, it could be implemented several ways (though trustlessness is usually a prerequisite to a decenteralized implementation). Post 5 in the CoinJoin thread writes in depth about implementing it in a decenteralized way, none of which appears to have been implemented by the darkcoin developers as far as I can tell— from what I've heard it seems that they're not even able to understand it. (This is a disappointment to me, since I was trying to describe these ideas clearly so others could understand them.)
More amusingly, what DarkCoin does is highly centralized because the software is closed— you can't get more centralized than closed source. What the actual behavior is, is anyone's guess— it's impossible to review due to it being closed— though "masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users.
As I've said before CoinJoin is interesting because it's inherently part of Bitcoin already— it just needed better tools (and now there are some, e.g. darkwallet) to make it available to people. It's a privacy improvement over not having it, but it isn't perfect, but it also didn't require any changes to Bitcoin (much less a whole altcoin) to deploy it. In an incompatible system much better is possible as is proposed by ZeroCash and much better is actually _realized_ by Bytecoin (and its forks... Monero, Fantomcoin, etc.), the later are actually working (if immature, due reinventing many wheels) implementations of much stronger privacy, decenteralized in their implementation, all released under a good open source license.
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Anonymint explained how CN bloat CANNOT be solved.
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Where did he say this? I haven't seen that argument before. Look through his posts, there's a recent one (about 1-2 weeks old) where he talks mainly about Zerocash, but mentions CryptoNote towards the end. There's also an older discussion in the Monero thread. For those interested, here is Anonymint's post https://bitcointalk.org/index.php?topic=583449.msg6662938#msg6662938 |
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All i can say is if people want a far coin maybe try Quark ?
Myself i wouldn't touch NXT if it was free..
Quark actually is a scam.. NXT is actually trying to accomplish big things and change the world. Quark was insta-mined, which you could consider similar to an IPO, except that the developers were only into it to hype and pump it up then dump it all over the market. First of all, it's Very Likely that most of the "IPO investors" for NXT were simply sockpuppet accounts, as No taint anaylsis was done whatsoever. Also, check the NXT richlist, the first 50 accounts own over 48% of all NXT there is.[/size] You call that good distribution? That's downright laughable.
Not true.. taint analysis was done on the Nxt IPO. LOL, taint anaylsis was NOT done on the NXT IPO, why are you blatantly lying for? |
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hey,
if quark was instamined, the how did i mine it for 4 months straight and then give it away for more then 2 months straight, and you can check my post, it proves what i say is true, so lets not start saying quark is a scam and instamined, it just shows how new you are and how much research you still have to do.
j
Incase you didnt know. Check Quarck's blockchain. Over 50% of Quarks were mined in a very short time period my friend...It was indeed instamined. |
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I've listed the Flaws of Darkcoin and Monero.Darkcoin's Flaws:
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.
Monero's Flaws:1) Monero's bloating/scaling is an issue, where the blockchain itself takes up a lot of space on someone's computer, however, there have solutions to this, as shown by Crypto_Zoidberg, after he fixed this issue with his own coin. The issue has pretty much been fixed anyway, since bloating was caused by dust payments from pools, and with a recent update, those dust payments have been taken off. But because I think it will look to unfair compared to Darkcoin's 101 flaws, I had to list a "flaw" for Monero  2) That's it.
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Anonymint explained how CN bloat CANNOT be solved.
...
Where did he say this? I haven't seen that argument before. Look through his posts, there's a recent one (about 1-2 weeks old) where he talks mainly about Zerocash, but mentions CryptoNote towards the end. There's also an older discussion in the Monero thread.
If you want to go this route Brilliantrocket....I'll copy/paste All of Anonymint's comments on Darkcoin, of which are all true(he basically "helped" Evan with his criticism) and I'll also post Gmaxwell's posts about Darkcoin, in which he says Darkcoin is basically a "Joke"(in my own words).
Would you like that? You sure have a lot of lies to say towards other coins, but Darkcoin itself has been proved to have no substance, by gmaxwell and anonymint.. |
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The CryptoNote protocol makes itself obsolete. I seriously doubt it's going anywhere beyond proof of concept. Anonymint explained how CN bloat CANNOT be solved.
You seem to love quoting AnonyMint so much. He also said that masternode/supernode idea of Darkcoin and XC is fundamentally flawed. Everything is flawed in one way or another. Some things more so than others. Darkcoins instamine, name, and lack of anonymity are the biggest flaws any crypto coin ever had. Your in denial. |
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It's funny that these guys support darkcoin.
Darkcoin has a fucking 50% instamine by its own dev team! they can't talk about any other coins. Even orange ion is better than dark coin, at least their devs didn't instamine the coin fifty percent. Evan himself owns over 200k dark coins from the instamine
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Bool berry has one guy with a private guy miner making over 2,000 bool berry per day...he used to make 7,000 bool berry per day less than a month ago since bool berry uses the algorithm wild keccak instead of crypto night like miners and other crypto note coins.
Aka
Bool berry has been instamined heavily, they have a guy with a pgpu And botnets...
No thank you.
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Anything made by that accused pedophile, Brock pierce, should be burnt.
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The chances of getting anything back is the same as winning the lotto for 500million each, twice, while getting struck by lightning 20 times in a row before each lotto win, and gaining the powers of static shock right after.
aka it's a 0.00000000000000000000000000000000000000000000000000000000000000000001% chance of happening.
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Maybe you should take off the freaking caps. 99% of people would open this thread! see how you have every freaking letter capitalized, then exit. Smh
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Doge coin is worthless. I can bet that it'll reach 1 satoshi within the next 4 months.
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Bitters sucks ass.
No more needs to be said.
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The btc-e trollbox speculators look like dinosaurs now from ages ago. They discuss Litecoin and why it's falling ad nauseum without realizing that there is a whole new PoS world brewing two clicks away that btc-e didn't present to them  Well said. Yea, BTC-E is just lagging behind, they are stuck in the past, and resist change. Odd that they don't take the 1000's of bitcoin extra daily volume they would get by adding some new coins, no? It is very odd, maybe their just too lazy to add new coins? They feel as if they get enough $ from already? Idk, but that exchange is becoming more of a mystery to me. Carrying all the extra coins brings a ton of extra overhead and issues I am sure that plays a ton into it. exactly. not all new coins are clean. some have hidden premine. some could have viruses. Only 1 used-to-be-popular coin I know of had a hidden premine, and that was Asiacoin...I've downloaded and virus scanned many new coin wallets, and I've personally only caught 1 of them that had viruses, and it ended up turning out to be a bug.. well we are talking about an exchange being cautious of adding a brand new coin. and i mention a few reason. Yes asiacoin was what i had in mind when i said hidden premine. as far as viruses there have been many. but they fail fast. Oh Yea, but that still doesn't explain why they have so little coins compared to other exchanges, and they haven't added a new coin in ages. |
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The btc-e trollbox speculators look like dinosaurs now from ages ago. They discuss Litecoin and why it's falling ad nauseum without realizing that there is a whole new PoS world brewing two clicks away that btc-e didn't present to them Well said. Yea, BTC-E is just lagging behind, they are stuck in the past, and resist change. Odd that they don't take the 1000's of bitcoin extra daily volume they would get by adding some new coins, no? It is very odd, maybe their just too lazy to add new coins? They feel as if they get enough $ from already? Idk, but that exchange is becoming more of a mystery to me. Carrying all the extra coins brings a ton of extra overhead and issues I am sure that plays a ton into it. exactly. not all new coins are clean. some have hidden premine. some could have viruses. Only 1 used-to-be-popular coin I know of had a hidden premine, and that was Asiacoin...I've downloaded and virus scanned many new coin wallets, and I've personally only caught 1 of them that had viruses, and it ended up turning out to be a bug.. |
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There's absolutely no point in Darkcoin fanboys bashing other coins, when Darkcoin itself has to be one of the most scam-riddled, over hyped, coins there ever was. It's 50% instamine by it's own dev team is a fact, along with it's trivial coinjoin-centralized-masternode based "anonymity", along with it's continuous failed RC3 launches that resulted in widespread forking of the network, and furthmore with it's name Darkcoin, will never be accepted at any legitimate stores.
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I Loled. Brilliantrocket doesn't realize Darkcoin's marketcap is based solely on hype, they promise anonymity, while Cryptonote coins already deliver anonymity.
1. There was no hype with DRK. The promotional plan was to deliver and the market will discover it. The market discovered it in an earlier phase (late beta / RCs) than what was desired, putting unnecessary pressure in development. 2. No coin currently delivers anonymity, in the sense of NSA-proof anonymity. Privacy / moderate anonymity, yes. 3. The scaling issue of CNs is a valid concern, so instead of deflecting this to DRK, maybe you should ask CN-coin devs to do something about it. It will not hurt your investment to do so. I've personally asked for a scaling test with hundreds/thousands of transactions to assess what the various CN coins do when stressed / loaded. My request has gone to deaf ears, leaving wide open the future FUD vector of someone doing it independently and declaring them as DoA coins for mass use / proof of concept only. 1)No hype? Are you kidding? Darkcoin's proposed "anonymity" feature was released in articles on several websites 2) Why do you refer to plain out Lying? I don't get why you try and lie to present your views. There's no such thing as "moderate anonymity", it's either anonymity or not. Cryptonote coins so far, are the only coins in the crypto world to have anonymous sending.."NSA-proof" anonymity huh, if you want to go that road, the NSA could easily buy up all the darkcoin nodes, and undo Darkcoins coinjoin mixing "anonymity". 3) The scaling issue has been largely addressed with the pool software being updated to stop dust transactions. Of course a lot more work can be done in that area. Moreso, your first 2 points are complete lies, the only "point" you've made is the 3rd, which has largely been addressed in the top two Cryptonote coins, Monero and Boolberry. It's funny to see that you resort to lies to try and make your views seem valid. I know you're a darkcoin bagholder and you try to protect your asset, but lying is not the way to go. Better to not just engage at all, Darkcoin has too many flaws in itself(50% instamine by developers, lack of anonymity, failed RC3 launches, Drug-affiliated name, etc etc) or would you like me to present them to you again? |
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The btc-e trollbox speculators look like dinosaurs now from ages ago. They discuss Litecoin and why it's falling ad nauseum without realizing that there is a whole new PoS world brewing two clicks away that btc-e didn't present to them Well said. Yea, BTC-E is just lagging behind, they are stuck in the past, and resist change. Odd that they don't take the 1000's of bitcoin extra daily volume they would get by adding some new coins, no? It is very odd, maybe their just too lazy to add new coins? They feel as if they get enough $ from already? Idk, but that exchange is becoming more of a mystery to me. |
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