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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 04, 2016, 05:59:30 PM
Found their forum and reading it. People asking them the difference between a couple of unrelated coins and theirs. Perhaps someone adept in the technology of DASH and darksend can go over there and raise this with them?  I am mighty curious what their angle and intentions are since this anonymization already exists with darksend:

https://forum.z.cash/

Based on the enthusiasm and seemingly giddy excitement I am half thinking none of them even know about DASH and darksend. I get them impression that they are all super excited about the shiny new coin because it offers anonymization, while its been here all along.

At minimum anyone technically capable of discussing it over there, will at least raise awareness.

edit to add: to put it bluntly: what's the big deal?
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 04, 2016, 04:53:58 PM
Thanks for the explanation. What I am trying to see is why these guys are so excited about their project, and in turn a host of investors have climbed aboard.

https://z.cash/team.html#investors

I am trying to see what do they know or have or plan on doing with their method that perhaps DASH should also be aiming for. If it is correct in a nutshell, they both do essentially the same thing (anonymize transactions), what do you suppose these guys are planning for theirs that has them assemble such a team and creates such interest from so many investors?

Surely the excitement and interest isn't solely on that one aspect; anonymization?
3  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH on: February 04, 2016, 04:47:27 PM
What is telling and really quite surprising is this:

Quote
@krakenfx let's get the facts straight. Credit card provided for payment expired. After 3 warnings you were downgraded to a free account.

Checking Cloudflare's plans and based on the above, they are using the second most basic plan available.
I thought they are using business plan: https://mobile.twitter.com/eastdakota/status/692143735157710849

Yes you are correct. I got my notes mixed up. It is the Enterprise that is invoice only:

https://www.cloudflare.com/enterprise/

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Invoice-based billing

Pro and Business plans are billed using credit cards. Enterprise customers will receive a monthly invoice

I originally looked into this when the credit card wasn't paid. I think the point though remains the same; for  a 'bank' why are they not using the very best service, protection and up time guarantee. It is not like this is the first time this has happened. Off-hand I can think of 3 critical periods when the markets have been most active. This might be the 4th time now?

In particular Enterprises' '2500% uptime guarantee' whatever that means. Maybe Cloudflare will reimburse Kraken customer's who lose profits on trading owing to the site being down?
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 04, 2016, 04:21:25 PM
What is this?

https://z.cash/team.html

First time seeing or hearing of it. This all seems so very new only done on 1st February. Zero discussion on their side about darksend vs. them or anywhere else for that matter.

Is this some as a holder of dash one should be concerned about?  What I am wondering what excites these guys and their investors when you already have something like darksend, or are these two things totally different?

This is their big idea:

https://forum.bitcoin.com/ama-ask-me-anything/i-m-zooko-wilcox-ceo-of-the-zcash-company-ask-me-anything-t5413.html

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To my question, can you explain at a high level or in laymen terms what makes zcash more anonymous or untraceable than bitcoin? What properties does it have and how is it able to achieve anonymity?

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The high-level answer is like this:

Bitcoin is a global, shared, append-only ledger, right? And so is Zcash. The entries that get appended to that ledger — the transactions — basically say "From Address", "To Address", and "Amount Transferred". The difference between Bitcoin and Zcash is that in Zcash those three values are encrypted, so that they aren't publicly readable by default.

(The person who made a transaction could still make it be publicly readable, by publishing the decryption key, or could share the decryption key with selected parties to make it readable to them without making it readable to the world. That's what we call "selective transparency".)

So far so good.

Now the cryptographically challenging part is: how do we enable the miners and full-nodes to reject invalid transactions? This is where the zero-knowledge proofs come in. With zero-knowledge proofs, the creator of a transaction can include a proof that the transaction is valid (i.e. isn't a double-spend) without revealing anything about the encrypted "From Address", "To Address", or "Amount Transferred".
5  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH on: February 04, 2016, 04:12:04 PM
What is telling and really quite surprising is this:

Quote
@krakenfx let's get the facts straight. Credit card provided for payment expired. After 3 warnings you were downgraded to a free account.

Checking Cloudflare's plans and based on the above, they are using the second most basic plan available.

https://www.cloudflare.com/plans/

$20/month with basic DDoS protection.  Whereas the proper Pro and Business Plans, which would have allowed invoice billing (thus 'credit card expired' wouldn't have been an issue), utilize much more layered protection plans as well as up time guarantees.

Why in the world would they cheap out of their bread and butter, the service to keep the operation running full time.
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