Does shadowsend work?
Is it good price to buy now?
Everything works as intended. A lot of people have bought between 25k-40k though so of course everyone is looking for people to buy so their investment doesn't go down the drain. We have some whales faking volume while raising the price which trapped a lot of people buying high. Up to you though if you want to wait and hope for a lower price. It's a great time to buy! I've been inhaling sell walls the last few days.. the volume is definitely there from normal trading. Once these players are done accumulating we'll start to see the buy pressure increase. It's not often you come across a coin with a lead developer as capable as Rynomster. The FUD just dies on impact. There's no pre-hype and the projects are announced a few days before they are released. I've told a few of my fellow traders about this investment opp and the smart ones took my advice. A few of them are still on the sidelines, but I can see them panic buying on the way up. The players in the market right now are doing a great job at keeping the price down, but they'll run out of steam sooner or later. Good luck with your investment! |
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Awesome! Thanks for the article Jde! |
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Manonthemoon, good to see you're still alive and kicking. Welcome to SDC, this party is just getting started.
Thanks for the warm welcome, friend. Haha, staying optimistic I see. This "party" is more like: Np Manonthemoon. Healthy criticism is always welcome; However, I've done my research on this one, like I always do. I invest on Market Impact, Team and Delivery. Regardless of any preconceived notions any new investors might have with this coin, it has all of the above. It's a winner. The dev on this project is one of the most capable in the crypto space - he's knowledgeable, friendly and honest. I spoke with him for over 2 hours on IRC and I can assure anyone that he is in the top 1% of lead devs in crypto. If you don't believe me feel free to join IRC and shoot any questions or concerns his way. His current contribution to stealth addresses and future implementation of zk-SNARKs are both major milestones for crypto. Also note that he is very close to releasing the zk-SNARKs implementation which will be a first for crypto. Anoncoin and Zerocoin devs have been working on this since December. The mobile staking wallet will also be a first for crypto. These are all indicators of success, not failure. Shadow has a technical project lead with a team that delivers on its promises. Any smart investor will do their research and quickly realize this is one of the most undervalued plays in the altcoin space at the moment. Also note that there has been zero press coverage or marketing for this product. Note to investors: Please do your research before you invest in any crypto. Mindless speculation instead of research will result in profit loss. Note to critics: Please state your motives for directing hate and aggression to this project. The idea behind altcoins is to further progress the underlying crypto technology through contributions of code. I don't understand why any crypto enthusiast would put the efforts into discrediting developers efforts towards the progression of cryptocurrency. Everyone in crypto benefits from contributions made by developers like Ryno. So that leaves one question: Is Chase bank paying you to slow the progression of crypto? |
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What a horrible, horrible scam of a coin.
Price is dropping, people are selling SDC in droves because the pump is over. Like always, the good goys made money off you noobs who bought at peak.
Sell now and cut your losses friends...next shitcoin with a quirky edgy stealth name will be arriving shortly.
How long will this go on for?
Nightcoin?
Silhouettecoin?
TwilightCoin?
BlackHoleCoin?
How about you go talk crap on other coin threads since you've got no idea what this coin offers right now?  Please stop. You're too emotionally staked into the coin to think rationally. Little guy, please. You're making baseless assumptions derived from user post count. How can anyone take you seriously? You just lost all credibility in many people's eyes. Adding a smiley after each sentence also doesn't do much except make you look like a silly teenager . Manonthemoon, good to see you're still alive and kicking. Welcome to SDC, this party is just getting started.  |
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How else would you suggest eBay/paypal make their money?
q I don't think anyone resents the fact they charge fees, it's that they are quite high. Granted they corner most of the market, so many people just put up with it, a better site will come along one day I would expect. Cloakcoin is solving this issue with their OneMarket implementation. Anon decentralized marketplace integrated into the wallet. If you want to test out the platform #Onemarket on IRC freenode. http://www.cloakcoin.com/onemarket.pdfwww.cloakcoin.comhttps://bitcointalk.org/index.php?topic=637704.0 |
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 Let the games begin! |
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a bot maintaining btc volume ~400.
look at the trades.. so obvious.. buy on rumor sell on.. in a few hours.
Lulz. I can assure you young padawan that is no bot. that is a person dumping. everything before is either a bot or someone sitting and doing a lot of clicking... luzlplzlzlz zxczcx I agree, lots of bot action for the really small orders, but majority of volume is from normal trades. |
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Tasty Shadow Burgers!  |
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a bot maintaining btc volume ~400.
look at the trades.. so obvious.. buy on rumor sell on.. in a few hours.
Lulz. I can assure you young padawan that is no bot. |
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Hey guys,
Just wanted to give an update: we will be releasing ShadowSend at 10AM EST tomorrow (8/7).
rynomster
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I'm gunna go on a long sloppy rant and feed you trolls.
Community is a huge part of a coin. If it looks as though holders and everyone around it and in it are mature and knowledgeable then I'm confident. If it looks like a bunch of angsty teenage kids who got lucky or are freaking out over $20 then I hesitate. Arguing about features that they will never understand. Plus, and this is the most important one. I come here to read up on updates and news. More than just twitter feeds I want to read about user experiences with betas. I don't have time to read all the shit in the IRC room. I come here for the few of you who wade through all that muck and post the cream of the crop in here so I can cross verify it. (By the way to those of you who do that I am very thankful.)
As far as turning people off, I'm not just talking about whales, but what about people who have a few grand in bitcoin and are looking for a coin to invest in, like I was. You can't say "Well fuck that guy he can't move the market LOL U MAD BRO? [dealwithit.jpg]." Of course he can't move the market, but what about 100 of them? How many people who actually do look at the community as some kind of reflection on the coin (however misguided that might be) have you guys turned away with your childish bullshit? You guys are self fudding yourself by fighting those you deem fudders. Not everyone who holds and "invests" in crypto knows what they're doing.
"good riddance, we don't need noob buying our coin anyway." argument. If everyone who bought cloakcoin to make profit pulled out we would be in single satoshi by now. I argue that we do in fact need those people if our goal is to make money. Please spare me your fake hippy bullshit about making the world a better place.
I understand where you are coming from. I believe that a community can help a coin, however, that is limited to the coin and it's offering. As an example I offer Doge. That was one of the strongest communities in crypto. A serious force du jour that garnered press, invited new people in, etc. The main drawback to Doge is not the community for I argue the community was a plus, but Doge itself. Now, Cloak aims higher and with it brings a certain technicality that threatens other communities. In the early days of darkcoin, that thread was a litter box of trolls and fud, similar to cloak's thread. I see no harm in the community responding to fud with gifs. I believe the community will eventually learn the best way for this community to deal with the 'fud' and trolls. Everyone here is still learning and just coming together as a community. I know you want maturity, but I would rather have developers developing. This is not to insinuate you don't want that either. I think it's a huge jump to make that extrapolating that a thread that doesn't even comprise the whole community makes the community immature and prone to selling. My view, and you may disagree which is cool, is to let the community form freely without restriction. You or others who feel it is immature may post to bring the thread back to more engaging topics. I do not like the trolls, but I do find humor in the gifs, the memes, what have you. These are not the same people working on cloak. We are different but my view is to let the community be and worry about development. I know not everyone shares my thoughts, and I am concerned by the small investors as well. I think if you, and I mean a person of the community and not you directly, want a more mature thread then you must be willing to put forth the effort to make it so. Post questions. Post discussion topics. Post how you think we should handle trolls. This community, nor any other, is not a set thing, but an ever changing mass of ideas and personality which can be shaped by those who participate. Brilliant. |
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Whether name dropping Peter Todd is right or wrong, or whether Shadowsend improves on anonymity or not, it doesn't matter, history for the last 3 months has proven everyone will hype it up for a few days, dump it, and move on to the next anon coin named Darkercoin, Shadecoin, Muddlecoin or Dark Sewer coin or whatever. The fact Vertcoin implemented stealth addresses and was snoozed on proves the whole thing is about manipulation behind the scenes because it wasn't "new" or "sexy" enough.
It is a rinse and repeat cycle, most people here do not really want anon because plenty of solutions offered in the past work as intended.
Anyway good job to the dev if he delivers something new tomorrow but I am afraid the work will all be for naught.
Did Vertcoin improve upon the existing SA technology or just implement it in it's existing form? Shadowcoin is creating a new protocol by improving upon the existing SA technology and combining it with one of the prime elements in the zerocash scheme - zk-SNARKs( https://eprint.iacr.org/2013/507.pdf). Both implementations creates an entirely new protocol (ShadowSend) and justifies a leading position in the market. AFAIK this is the first implementation of zk-SNARKs outside of the Zerocash project which still hasn't launched.. I'd have to disagree with you on your assessment of the anon crypto market. The only anon system being widely used in commerce is coinjoin and according to Kristov Atlas's research it offers a laughable level of privacy( http://www.coinjoinsudoku.com/). Financial privacy is one of the missing elements in the current financial industry both in crypto and fiat. The cheapest Swiss bank account costs $790,000USD to open.. plus you still won't get a higher level of privacy if you aren't a Swiss national and the same applies to Austrian accounts. If you think anon is a gimmick try selling that argument to the people saving millions a year on their taxes by using offshore Caymans/Swiss/Austrian accounts.. People who get in the ground floor or early levels of investment will go on to trade with the big players when the technology finds it's product/market-fit. The people that cash out early will stay in the lower investment bracket looking for quick pumps and dumps. I have 2 swiss bank account. Paid 0 to open them Are you an American Citizen? No! But what about Singapore, Cayman, Guernsay, or British Virgin Island etc, to take care of your money for free? Andrew Henderson is one of the leaders in Nomad Capitalism. Feel free to follow him on Twitter https://twitter.com/nomadcapitalist/ http://nomadcapitalist.com/2014/04/04/numbered-offshore-bank-accounts-exist/http://nomadcapitalist.com/2014/04/27/top-5-safest-countries-to-bank-offshore/ |
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Whether name dropping Peter Todd is right or wrong, or whether Shadowsend improves on anonymity or not, it doesn't matter, history for the last 3 months has proven everyone will hype it up for a few days, dump it, and move on to the next anon coin named Darkercoin, Shadecoin, Muddlecoin or Dark Sewer coin or whatever. The fact Vertcoin implemented stealth addresses and was snoozed on proves the whole thing is about manipulation behind the scenes because it wasn't "new" or "sexy" enough.
It is a rinse and repeat cycle, most people here do not really want anon because plenty of solutions offered in the past work as intended.
Anyway good job to the dev if he delivers something new tomorrow but I am afraid the work will all be for naught.
Did Vertcoin improve upon the existing SA technology or just implement it in it's existing form? Shadowcoin is creating a new protocol by improving upon the existing SA technology and combining it with one of the prime elements in the zerocash scheme - zk-SNARKs( https://eprint.iacr.org/2013/507.pdf). Both implementations creates an entirely new protocol (ShadowSend) and justifies a leading position in the market. AFAIK this is the first implementation of zk-SNARKs outside of the Zerocash project which still hasn't launched.. I'd have to disagree with you on your assessment of the anon crypto market. The only anon system being widely used in commerce is coinjoin and according to Kristov Atlas's research it offers a laughable level of privacy( http://www.coinjoinsudoku.com/). Financial privacy is one of the missing elements in the current financial industry both in crypto and fiat. The cheapest Swiss bank account costs $790,000USD to open.. plus you still won't get a higher level of privacy if you aren't a Swiss national and the same applies to Austrian accounts. If you think anon is a gimmick try selling that argument to the people saving millions a year on their taxes by using offshore Caymans/Swiss/Austrian accounts.. People who get in the ground floor or early levels of investment will go on to trade with the big players when the technology finds it's product/market-fit. The people that cash out early will stay in the lower investment bracket looking for quick pumps and dumps. I have 2 swiss bank account. Paid 0 to open them Are you an American Citizen? |
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Whether name dropping Peter Todd is right or wrong, or whether Shadowsend improves on anonymity or not, it doesn't matter, history for the last 3 months has proven everyone will hype it up for a few days, dump it, and move on to the next anon coin named Darkercoin, Shadecoin, Muddlecoin or Dark Sewer coin or whatever. The fact Vertcoin implemented stealth addresses and was snoozed on proves the whole thing is about manipulation behind the scenes because it wasn't "new" or "sexy" enough.
It is a rinse and repeat cycle, most people here do not really want anon because plenty of solutions offered in the past work as intended.
Anyway good job to the dev if he delivers something new tomorrow but I am afraid the work will all be for naught.
Did Vertcoin improve upon the existing SA technology or just implement it in it's existing form? Shadowcoin is creating a new protocol by improving upon the existing SA technology and combining it with one of the prime elements in the zerocash scheme - zk-SNARKs( https://eprint.iacr.org/2013/507.pdf). Both implementations creates an entirely new protocol (ShadowSend) and justifies a leading position in the market. AFAIK this is the first implementation of zk-SNARKs outside of the Zerocash project which still hasn't launched.. I'd have to disagree with you on your assessment of the anon crypto market. The only anon system being widely used in commerce is coinjoin and according to Kristov Atlas's research it offers a laughable level of privacy( http://www.coinjoinsudoku.com/). Financial privacy is one of the missing elements in the current financial industry both in crypto and fiat. The cheapest Swiss bank account costs $790,000USD to open.. plus you still won't get a higher level of privacy if you aren't a Swiss national and the same applies to Austrian accounts. If you think anon is a gimmick try selling that argument to the people saving millions a year on their taxes by using offshore Caymans/Swiss/Austrian accounts.. People who get in the ground floor or early levels of investment will go on to trade with the big players when the technology finds it's product/market-fit. The people that cash out early will stay in the lower investment bracket looking for quick pumps and dumps. |
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So. Prominent use of Peter Todd's name to hype the coin. Did anyone check with him first?
For a coin that is supposed to be about anon, maybe respecting that sort of thing might be an idea?
Peter Todd is mentioned on the stealth address wiki http://sx.dyne.org/stealth.html. I'm not sure where you are trying to go with that statement. I don't think the coin needs hype the technology and hard work the devs are putting in is speaking for it. Peter Todd's name is used repeatedly in the last dev "update". Maybe the coin does not need the hype. Apparently the devs feel differently. And my original point remains. Very bad form to use such a high profile name without consent. Hmm, yeah I still don't see your point. The first mention is giving him credit, "Peter Todd (the original visionary of stealth addresses)" and the second is to thank him for his white paper contribution. One of the prime components for ShadowSend is a direct product of Peter Todd's work in the area.. maybe I'm missing something here.. So according to your logic, it is better to use someone's idea and then ask them permission to give them credit? Seriously? Have you ever written any type of academic or scholarly paper (I'm guessing no)? Because if you use someone else's idea without citing them & giving them credit, that's called plagiarism. Same rules apply here. +1 |
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So. Prominent use of Peter Todd's name to hype the coin. Did anyone check with him first?
For a coin that is supposed to be about anon, maybe respecting that sort of thing might be an idea?
Peter Todd is mentioned on the stealth address wiki http://sx.dyne.org/stealth.html. I'm not sure where you are trying to go with that statement. I don't think the coin needs hype the technology and hard work the devs are putting in is speaking for it. Peter Todd's name is used repeatedly in the last dev "update". Maybe the coin does not need the hype. Apparently the devs feel differently. And my original point remains. Very bad form to use such a high profile name without consent. Hmm, yeah I still don't see your point. The first mention is giving him credit, "Peter Todd (the original visionary of stealth addresses)" and the second is to thank him for his white paper contribution. One of the prime components for ShadowSend is a direct product of Peter Todd's work in the area.. maybe I'm missing something here.. So according to your logic, it is better to use someone's idea and then ask them permission to give them credit? |
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So. Prominent use of Peter Todd's name to hype the coin. Did anyone check with him first?
For a coin that is supposed to be about anon, maybe respecting that sort of thing might be an idea?
Peter Todd is mentioned on the stealth address wiki http://sx.dyne.org/stealth.html. I'm not sure where you are trying to go with that statement. I don't think the coin needs hype the technology and hard work the devs are putting in is speaking for it. |
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Aww how cute, a babytroll is trying to get his feet wet. Keep trying junior - you'll get there someday.
Hey Coolstoryteller, I'll tell you a cool story: Cloak is done. Over. At the end. Bubble is about to burst and only the real anon coins (Not Cloak and not Shadowcoin either) will survive. Lulz. Ohhh I get it, kinda like how you never survived high school? Cloak/Shadow are the guys you watched get their diplomas, while you stood back in the crowd looking forward to repeating your senior year. P.S. I don't take investment advice from welfare plebs. |
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Aww how cute, a babytroll is trying to get his feet wet. Keep trying junior - you'll get there someday.
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ShadowSend: More Information Hey guys We are pleased to inform you that our implementation of ShadowSend (which uses dual-key stealth addresses) is a technological advance over current stealth address solutions such as those implemented in SX & DarkWallet. ShadowSend will be made open source upon release, and we have already sent the code to Peter Todd (the original visionary of stealth addresses), as we believe our version best fits his original vision. ShadowSend Release Date: Thursday 8/7/14Here's a demo video of ShadowSend: http://youtu.be/w-B1HuxNvFgHere's my stealth address: smYhJ1oRg29nzCutHMXTaCNMm9NEVFh2y5i2QCzr4rNnjX9UdK5R7mT1c3P5S91du6hrjiY6WoA2yij mimYiNP73o49K6caLvwS3jj The reason the address above is so long, is because it is a dual-key stealth address. For more information, see: https://wiki.unsystem.net/en/index.php/DarkWallet/Stealth#Dual-key_stealth
We'd like to give a special thanks to Peter Todd, for his white paper on stealth addresses: http://sourceforge.net/p/bitcoin/mailman/message/31813471/As well as DarkWallet for all the information on stealth addresses at: https://wiki.unsystem.net/en/index.php/DarkWallet/StealthTo understand stealth addresses better, please have a look at the following illustration: https://i.imgur.com/rHhNKL6.jpgMore buzzwords, great. Aww how cute, a babytroll is trying to get his feet wet. Keep trying junior - you'll get there someday. |
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