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How long did it take Bytecoin to develop the cryptonote tech LONG TIME! SDC built it better from scratch in just a few months plus all the other extras SDC has, XMR is just a copy of Bytecoin sorry but it is i was invested in XMR when it first came out also Dark and XC, only coins who built from scratch were Bytecoin XC & SDC so lets just end this i like cryptonote coins but there all basically copy and pastes of bytecoin, SDC is not, Cryptonote coins are not even in the same league as SDC...seriously the comparison is a joke
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What many people seem to be missing (and it is totally normal to do so because it's not been seen before) is they keep comparing it to existing solutions.
SDC has something completely new in that it destroys coins that are then converted into redeemable tokens that sit on top of the blockchain and these tokens can then be reconverted via minting into new SDC.
It's only the exchange / allocation of tokens that use the ring sig with basic NIZK to prove to the blockchain that the holder owns the value of the output without revealing identity, it's not the actual coins using ring sig.
It is indeed a very well thought out system that the cannot be followed on an explorer.
First of all, every single cryptocurrency destroys coins when they are used. That's how the work. An input can be spent once and only once, and any output (including change) is a new coin. What SDC has is essentially two types of coins on the same blockchain. When you say "destroys the coins" what that really means is a type of transaction that has one type of coin as input and another type as output (SDC calls this "mint" I believe). The latter kind is what is virtually identical to cryptonote. The former is (as far as I know, and I will assume this, but I haven't studied it) virtually identical to bitcoin. There is also a transaction type that has cryptonote-style coins on the input side and bitcoin-style coins on the output side (SDC calls this "redeem" I think). This is indeed something new, and there are some advantages to it, but also disadvantages. It is not correct to say that it adds anonymity though. The anonymity comes from the use of cryptonote style coins. As long as you use the cryptonote-style coins exclusively or predominantly, you have the same anonomity as Monero. If you mint and redeem frequently, you will have issues that reduce your anonymity. So in other words you heart XMC  just playing bro hahaha  |
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First off, has there been enough time to assess if ShadowCash project has a working Zero Knowledge solution?
Secondly, does the Monero project of Darkcoin project have a Zero Knowledge solution?
I'd like to compare anonymous transactions between the three projects being discussed here; XMR, DRK & Shadow. Could somebody post transaction IDs for each project showing an anonymous trade? I'd like to compare apples to apples when it comes to linkability and traceability. Ignoring codebase and proof differences between them for now.
If there are other working ZK solutions in projects I haven't mentioned that should be part of this comparison please add an anonymous transaction from them as well.
1 good example from each blockchain would be appreciated.
Thanks.
Today I will release a demo video showing the SDC anon transaction happening in real time between two wallets and analysing the block explorer at the same time. Nice idea! show the world the shadow. |
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It's not the same. Why would had our devs bother to spend thousands hours of coding if so... the way you say this is a bit misleading IMHO.
] I never said it was the same. I said the anonymity uses the same underlying approach as cryptonote so the resulting anonymity is the same (or worse, if minting/destroy is used too much, but that is up to the users I suppose). I acknowledged some minor differences, but I don't believe they are particularly significant in the area of anonymity. As for why thousands of hours were spent on it, you would have to ask them. Presumably they thought that reimplementing it all was a good idea for whatever collection of reasons. I guess the market will decide. Question, can cryptonote coins slot in updated technology to there code without starting from scratch? because i know SDC can without starting from scratch so yeah maybe it's based on the same technique as cryptonote but it can be improved and it's faster and slimmer and the wallet is the best looking and functioning wallet in the crypto world with chat and many extras coming soon so right now we win  we will have mobile wallets in the near future with all this tech would like to see any of the cryptonote coins pull that off. Techniques and algorithms and the code/implementation are two different things. I was addressing the former. Since I haven't reviewed the SDC implementation at all, I would be speaking out of ignorance to address that one way or another. BTW, any reasonably designed piece of software can have pieces replaced without starting from scratch. That's called modularity. that's why i was asking anyways let the most hard working most innovative team win i say, and if that is SDC and right now it appears to be then awesome because i hold shit loads hahah, if not oh well you win some you lose some, but im confident, I don't know much about coding and all that but i do know technology that has the potential to be worth a lot in the future, 90% of the public do not care about coding they want something that works, looks good, with lots of features( like free chat, video voice call, decentralized marketplaces) and ease of use, we are hitting all those nails all we need is publicity and adoption now. |
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It's not the same. Why would had our devs bother to spend thousands hours of coding if so... the way you say this is a bit misleading IMHO.
] I never said it was the same. I said the anonymity uses the same underlying approach as cryptonote so the resulting anonymity is the same (or worse, if minting/destroy is used too much, but that is up to the users I suppose). I acknowledged some minor differences, but I don't believe they are particularly significant in the area of anonymity. As for why thousands of hours were spent on it, you would have to ask them. Presumably they thought that reimplementing it all was a good idea for whatever collection of reasons. I guess the market will decide. Question, can cryptonote coins slot in updated technology to there code without starting from scratch? because i know SDC can without starting from scratch so yeah maybe it's based on the same technique as cryptonote but it can be improved and it's faster and slimmer and the wallet is the best looking and functioning wallet in the crypto world with chat and many extras coming soon so right now we win we will have mobile wallets in the near future with all this tech would like to see any of the cryptonote coins pull that off. Not from a miners' point of view ^^ XMR is a good anonymous POW coin, SDC is a good anonymous POS coin Let's be friend with XMR guys sounds like a good idea, in a perfect world competing coins and community's would out innovate instead of picking at straws to protect there investments and if that happened crypto would be far more advanced then it is now, but this is not a perfect world, if any coins want to be better the SDC then they better get to work. |
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It's not the same. Why would had our devs bother to spend thousands hours of coding if so... the way you say this is a bit misleading IMHO.
] I never said it was the same. I said the anonymity uses the same underlying approach as cryptonote so the resulting anonymity is the same (or worse, if minting/destroy is used too much, but that is up to the users I suppose). I acknowledged some minor differences, but I don't believe they are particularly significant in the area of anonymity. As for why thousands of hours were spent on it, you would have to ask them. Presumably they thought that reimplementing it all was a good idea for whatever collection of reasons. I guess the market will decide. Question, can cryptonote coins slot in updated technology to there code without starting from scratch? because i know SDC can without starting from scratch so yeah maybe it's based on the same technique as cryptonote but it can be improved and it's faster and slimmer and the wallet is the best looking and functioning wallet in the crypto world with chat and many extras coming soon so right now we win we will have mobile wallets in the near future with all this tech would like to see any of the cryptonote coins pull that off. |
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I downloaded the new build that was supposed to fix the sync problems but no luck for me any tips?
Close wallet. Download bootstrap.dat, move to appdata shadowcoin folder, and then reopen wallet. It will take a long time to load (~10-20 min) and even go unresponsive, but that is normal. That should fix any sync issues. Thanks mate will try it now. |
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I downloaded the new build that was supposed to fix the sync problems but no luck for me any tips?
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If you look at the timestamps, Fluffy pony made those comments before shadowsend v2 was open source...
Yep, that's correct. I made the first two comments with respect to commit 94bfb03. Thereafter (the following day) commit 317b9b1 was made and pushed to the repo, and subsequently pointed out to me. I reviewed that, and thus updated that thread with the additional comment. Honestly, I don't really care to get into a this-coin-that-coin debate. Kudos to the dev(s) for actually putting in effort to implement a very simplified ring signature system. If they add bad utxo blacklisting and also provide a suitable fix for the chain reaction privacy reveal outlined in Monero Research Lab's MRL-0001 research bulletin they are well on their way to implementing one half of the two core privacy principles espoused in Monero's cryptography (that is to say, they would then be able to provide a measure of cryptographic untraceability, but not cryptographic unlinkability). Unfortunately I can't get to in Monero Research Lab's MRL-0001 research bulletin, but I am certainly looking forward to reading it Our scheme was never going to be perfect, and we have said on a few occasions that we will only be utilising a basic nizkp until zk-snarks is fully out and trustless. I have also told people that I'm not an academic, nor a grad student.. Just your average Joe, who dropped out of school, and wants to help move things along If this was about money, we definitely would not work as we do on a single project, and we definitely would not have open sourced on our first opportunity to do so.. The reason we opted for anonymous tokens, instead of direct anonymous outputs to ringsigs, is because we're building towards direction we're heading in. What we're striving for... Encrypted values, with perfect nizkps, proving all values of inputs are real, without revealing any information about where they come from. We're looking at many things, like homomorphic encryption, snarks, etc... http://eprint.iacr.org/2014/976 snarks are advancing, along with many other ideas... We are not for limiting ourselves, but for bettering our [collective] future You have the trust of this community whatever you decide is best we will support thanks for all your hard work and merry Christmas. |
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Is the price really that important? let them dump better distribution smaller dumps in the future,who cares.
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ShadowChat: SWr23tNRYMvmmCdv7ZiNooeqZVyQjvywjQ
Public Key: s8UgsT1qPwSET5P1YwxEKypcQVrUPjT1ky1WYUVJ3meY
Back to reality... is there any way to make the ShadowChat work without entering the public key, just the address? An example of what I mean is the NeosCoin wallet chat, that's a really smooth PGP chat. Getting/copying/pasting the public key is onerous. Better yet what about assigning nicknames to addresses like STR? then you just have to remember a nickname like irc chat +1 Alias or nickname is good idea |
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hi guys, when upgrading wallet, do i need to saving dat file from old wallet then pasting it into new one, or will new one just overwrite old one?
I just downloaded new wallet and it all rolled over should not be a problem just wait until its fully synced and if your coins are not there after that then do what you mentioned before. you should always save your wallet DAT anyways put it on a few usb's and stash them different places one at your parents one at your grandparents etc no excuses if you loose it that way. |
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This project is developed on a private git? Is the github source up to date? We have been considering the idea of implementing a SDC market and we want to review the codebase.
Bump |
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SDC doesn't need pumping and talking about pumping it is worst then price speculation, let it grow organically, pump something else.
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Feel the Black coin pumper in the chart
He's ready
A lot of us are ready to pump as soon as the big news hits  What is the big news? My BTCs are ready to pump it up when the public release of ZK will be submitted. Going to significantly increase my shadow investments this time Will you push the coin to $100 a coin? Koby I don't think they have that much to pump into it hahaha |
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All i have to say is you are a sad individual your parents must be devastated there child grew into you, if my children ever act like some of the people including yourself on this forum im going to punch them in the face so you can only imagine what i would do to you if i could put my hands thru the screen. |
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I can't believe i bought SDC to dump and buy more XC..thank god i didn't SDC looks a million times more promising right now, XC is a disappointment to be honest but it's funny how things like this work out isn't it, before i thought XC could be a huge player in the future now not sure, but SDC i have no doubts at all, best investment i ever made.
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Yeah i loves regular updates was only commenting on the distribution, but that said they are busy i would rather progress my self but would be awesome if we had a community member who could constantly be in contact with them to update us and keep the new investors happy and confident, Smurf does a good job but would love to see more frequent updates. but we can't have it all i have seen dev teams who constantly updated but basically did nothing so at least we have progress and innovation and a lot of it, there will come a point in time for SDC where people will not need constant updates to buy with confidence, i hope it's soon, but until then at least we have one of the best Dev teams in the business who constantly deliver and have a vision for there products future, if in the future they do advertisement like they do development we have nothing to worry about.
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Something tells me ZK will be released soon...  i really dont think so... SILINCE is not always good since the release of the testnet, sdcdev didnt write a single word about the progres until whitepaper and review comes, sdcdev's clarifications (answers to FAQ and updates about the test progress) is very critical i know he is busy, but it takes only 5-10 minute to make such updates if u dont do it, u can not gain the trust of new comers and can not get the support u need as a result, volume and price goes down regularly and due to lack of trust and support 28k-30k is not base anymore like they always say: price doesnt lieThis is the way the project has been for the last 4 months. Don't expect it to change because you bought some. It is what is. They release info when it is ready to be released, not because you want it to get hyped. Price doesn't lie huh? lol. Easiest waves ever to be played on this coin. Play them and shut up. i am here since the beginning also, check my previous posts but what i tell is the reality...there is lack of communication...whether u like or no, we should improve it when u say "This is the way the project has been for the last 4 months", it doesnt mean it is right way from point of communication then, how come can we have good distrubution of coin, if we dont care about new comers Why is distribution such a big deal, when the price goes up from some form of good news some people will sell some people will buy it's not the fault of people who saw potential and bought large amounts it's the people who didn't distribution is irrelevant just something people like to whine about people love whining on this forum, so don't worry about distribution it doesn't matter even slightly. it is my idea, and u think otherway around...i respect it. but as a community we should be open to other ideas and critisim also OFC!! i also agree but distribution shouldn't be a reason to sit on the fence big holders will take there profit at some point, then more even distribution will occur, but if people wait for that, there going to be a bit late and not be holding as much as they could of it's the quick and the dead in crypto world that's why the distribution is not even because some were not quick enough, plus a lot of the big wallets are exchanges. |
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Something tells me ZK will be released soon... i really dont think so... SILINCE is not always good since the release of the testnet, sdcdev didnt write a single word about the progres until whitepaper and review comes, sdcdev's clarifications (answers to FAQ and updates about the test progress) is very critical i know he is busy, but it takes only 5-10 minute to make such updates if u dont do it, u can not gain the trust of new comers and can not get the support u need as a result, volume and price goes down regularly and due to lack of trust and support 28k-30k is not base anymore like they always say: price doesnt lieThis is the way the project has been for the last 4 months. Don't expect it to change because you bought some. It is what is. They release info when it is ready to be released, not because you want it to get hyped. Price doesn't lie huh? lol. Easiest waves ever to be played on this coin. Play them and shut up. i am here since the beginning also, check my previous posts but what i tell is the reality...there is lack of communication...whether u like or no, we should improve it when u say "This is the way the project has been for the last 4 months", it doesnt mean it is right way from point of communication then, how come can we have good distrubution of coin, if we dont care about new comers Why is distribution such a big deal, when the price goes up from some form of good news some people will sell some people will buy it's not the fault of people who saw potential and bought large amounts it's the people who didn't distribution is irrelevant just something people like to whine about people love whining on this forum, so don't worry about distribution it doesn't matter even slightly. |
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