[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[Macno]

Also it's pretty easy to create two adresses, darksend the coins to second one and then send the coins to the merchant if you need to.

Ah ok, thanks, I guess that`s the way to do it. And the recipient can do the same thing. Well, I guess I don`t get the point of stealth adresses either then. But probably better than no anonymity at all.

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[chaeplin]

DarkSend is much more superior to stealth adresses.

Yes, in the sense that it is more anonymous. I get that. But wouldn`t it be nice to "scale" your anonimity just like you want it? "Stealth adress" sounds like a compromise. With DRK you can send transactions either completely open or completely anonymously (=darksend), but no "in between" like those "stealth adresses", right?

Let people of Vertcoin implement this, we are in another league  

+1


I like Vertcoin.
I forked p2pool-vtc(p2pool-n) to make p2pool-drk.

EDIT: one more, p2pool node scanner too.

[aleix]

DarkSend is much more superior to stealth adresses.

Yes, in the sense that it is more anonymous. I get that. But wouldn`t it be nice to "scale" your anonimity just like you want it? "Stealth adress" sounds like a compromise. With DRK you can send transactions either completely open or completely anonymously (=darksend), but no "in between" like those "stealth adresses", right?

Let people of Vertcoin implement this, we are in another league  

+1


I like Vertcoin.
I forked p2pool-vtc(p2pool-n) to make p2pool-drk.

Yes, me too. I like the coin and I like the devs (very professional and capable people) It was my first succeed investment

[coins101]

http://www.reddit.com/r/DRKCoin/comments/26y77s/thats_an_awesome_hashrate_distribution/

I like pie 

Keep an eye on coinotron...they found themselves with lots of LTC miners and suddenly they grew to nearly 51% of Litecoin mining...but that was probably caused by ASICs testing and making money with customers orders. But there are lots of Litecoin GPU miners on there that will find it easy to switch when Scrypt ASICs hit in the next few months.

[pjr77]

DarkSend is much more superior to stealth adresses.

Yes, in the sense that it is more anonymous. I get that. But wouldn`t it be nice to "scale" your anonimity just like you want it? "Stealth adress" sounds like a compromise. With DRK you can send transactions either completely open or completely anonymously (=darksend), but no "in between" like those "stealth adresses", right?

But what is the point of stealth adresses? Why would you publish it? If a merchant wants to scam you, they will do it with or without proof. A serious merchant will give you a one-time adress where you send the payment to. When the payment has arrived, the merchant is notified. If you need proof, you don't use darksend, if you don't need proof, you use darksend.

Also it's pretty easy to create two adresses, darksend the coins to second one and then send the coins to the merchant if you need to.

I can't really see the point of stealth adresses.

Stealth allows regulatory agencies to check transactions but "Normal" users wont be able to check your balance like they do now. I actually think DRK and VTC work good together and i currently hold both

[crimi]

Does someone know what it means when http://drk.poolhash.org/darksend.html has behind some masternodes no tx hash ?

[AlexGR]

Hi,

is something like this "stealth adress" concept possible with DRK as well? I asked that hundreds of pages ago, but I think it was not answered.

"Stealth addresses strike a good balance – all the transactions are still on the blockchain to be seen, but the link between an address and an individual is obfuscated. One thing that not many people seem to consider when talking about anonymity systems in cryptocurrencies is that true anonymous payments make all the blockchain tools you’re used to useless.

Stealth addresses increase privacy for a recipient by allowing you to publish a stealth address, which is like a seed which the sender then uses to generate a unique one-use Vertcoin address for the transaction. All the transactions remain public on the blockchain, but knowing the entire transactional history of your stealth address is now no-longer possible except for you, the holder of the secret key."

Source: http://blog.vertcoin.org/?p=27

=>

Evan,

Just wondering what you think the effect of "stealth addresses" in bitcoin would have on DRK? Do you think it will devalue DRK? Would it provide the same level of anonymity as DarkSend?

Thanks!

I don't think they're nearly as strong as something like DarkSend. Although, I could implement that into the client and call it "StealthSend" or something.

[chaeplin]

Does someone know what it means when http://drk.poolhash.org/darksend.html has behind some masternodes no tx hash ?

I forgot to update.
tx hash list is extracted from debug log by scripts.
I will update tx hash again.

uodated : still 2- 3 tx hash missing.
If there is rpc command for masternode detail(pubkey, addreess, tx hash) would be nice.

[Macno]

Hi,

is something like this "stealth adress" concept possible with DRK as well? I asked that hundreds of pages ago, but I think it was not answered.

"Stealth addresses strike a good balance – all the transactions are still on the blockchain to be seen, but the link between an address and an individual is obfuscated. One thing that not many people seem to consider when talking about anonymity systems in cryptocurrencies is that true anonymous payments make all the blockchain tools you’re used to useless.

Stealth addresses increase privacy for a recipient by allowing you to publish a stealth address, which is like a seed which the sender then uses to generate a unique one-use Vertcoin address for the transaction. All the transactions remain public on the blockchain, but knowing the entire transactional history of your stealth address is now no-longer possible except for you, the holder of the secret key."

Source: http://blog.vertcoin.org/?p=27

=>

Evan,

Just wondering what you think the effect of "stealth addresses" in bitcoin would have on DRK? Do you think it will devalue DRK? Would it provide the same level of anonymity as DarkSend?

Thanks!

I don't think they're nearly as strong as something like DarkSend. Although, I could implement that into the client and call it "StealthSend" or something.

Wow, perfect! Thanks!

[zhengqi]

Very good, Support!

[techsolution]

I am supporting XC and DRK I own both.  And I support anonymous tech as well.  But this will not be adopted into business.  Most companies impose heavy restrictions on the amount of physical cash that can be used for these exact reasons.  And the law (USA) requires that trades and businesses report cash payments of more than $10,000 to the federal government by filing IRS/FinCEN Form 8300 (Exhibit 1).  So, this immediately shuts down the possibility of anon transfers of more than $10,000 for any business.  But in general I can never see any business adopting anonymous transactions.

You can hate on me all you want, but what I'm saying is true.  I am 100% for anon tech, and I don't know about other countries, but this will never be adopted by companies in USA.  

I'm curious - which law prohibits such transfers in the form of crypto-currency?

Law which will be made for sure, if they will feel they cannot control something

[coins101]

I am supporting XC and DRK I own both.  And I support anonymous tech as well.  But this will not be adopted into business.  Most companies impose heavy restrictions on the amount of physical cash that can be used for these exact reasons.  And the law (USA) requires that trades and businesses report cash payments of more than $10,000 to the federal government by filing IRS/FinCEN Form 8300 (Exhibit 1).  So, this immediately shuts down the possibility of anon transfers of more than $10,000 for any business.  But in general I can never see any business adopting anonymous transactions.

You can hate on me all you want, but what I'm saying is true.  I am 100% for anon tech, and I don't know about other countries, but this will never be adopted by companies in USA.  

If you really are a CPA, you better not let anyone ever find out your nick on these forums, LOL.  You're not a very bright CPA.  When, and only when coins are exchanged for fiat currency, that is when you 1. must pay taxes on it, and 2. if it's over $10,000, it must be reported.  This is why it's not easy to open an exchange that deals with fiat, you have to be a registered and licensed exchange then for exactly those reasons.

Getting bored posting this youtube video of the senior FinCEN person saying, chill out, its ok to use anonymity tools.

http://youtu.be/M7bbDpwlTws?t=11m40s

Money transfers are typically defined in fiat terms or some link to fiat. moving crypto around the world is, at present, outside these restrictions. moving crypto to fiat within particular reporting requirements in each jurisdiction around the world is still regulated. notice the key worlds - crypto to fiat. The entry and exit points are regulated. So what you are saying is actually 100% false, at present and from all the evidence thus far it is likely to remain false.

If it were true, every crypto exchange in the US would have to shut their doors today and they all go to jail. Bugger, I've got some coins in MintPal.....brb

[techsolution]

You can hate on me all you want, but what I'm saying is true. I am 100% for anon tech, and I don't know about other countries, but this will never be adopted by companies in USA.  

Yet so many American's have Swiss bank accounts and all US multi nationals have head offices in low tax jurisdictions like Ireland, Singapore, Hong Kong etc...  LOL  

Americans and American companies LOVE to pay TAXES!!!  They are really upright and LOVE their government. LOL  

Let me just say the first person to demonstrate to a US company how to legally reduce their taxes using Darkcoins, is going to MINT a FORTUNE.  

and is going to have drons behind him:)

[techsolution]

What about governments close exchanges (like Silk Road) or forbid them to trade DRK?

How to trade DRK without site exchanges?

Bump

There are like >100 countries that do not even have an exchange. How do they trade DRK today?

Simple.

They use the exchanges of other countries.

But if these countries (under U.S. influence), close or forbid exchanges to trade DRK?

There will still be other countries that see "opportunity" to host these businesses.

Nigeria for sure:)

[crimi]

Does someone know what it means when http://drk.poolhash.org/darksend.html has behind some masternodes no tx hash ?

I forgot to update.
tx hash list is extracted from debug log by scripts.
I will update tx hash again.

uodated : still 2- 3 tx hash missing.
If there is rpc command for masternode detail(pubkey, addreess, tx hash) would be nice.

Thanks i thought something was wrong with my mn.

[coins101]

holly mother of nodes....btc is rocking back to life

btc sees a 5x times rise from here, dragging everything along, drk at 5x from here is $55.....happy days.

I can see DRK at $50+ relatively soon but BTC at $3000? When the US bond market collapses, sure.

Tamas Blummer, Bits of Proof - Don't know
Jesse Powell, Kraken - $1,000,000
Prof Robin Reigland, Stockholm School of Economics - $1,300
Kirill Suslov, Tabtrader - $500
Johann Gevers, Monetas - $5,000
George Frost, Bitstamp - Can’t say
Anthony Gallippi, Bitpay - $1,160
Mary Beth Stanton, Heather Podesta and Partners - Higher than what I paid
Joel Gartner - $2000-$3000
Alakanani Itireleng, Bitcoin Botswana, $10,000
Jinyoung Lee Englund, Bitcoin Foundation - Not relevant
John Karamja, Whive, $2,000
J. Dax Hansen, Perkins Coie - No idea
Brian Klein, Baker Marquart LLP - Higher, but don't know where
Elizabeth Ploshay, Bitcoin Magazine - Doesn't matter
Thomas Voegtlin, Electrum - No comment
Joseph Cutler, Perkins Coie - Beginning to stabilize
Alexey Bragin - I am optimistic
Brian Fabian Crain, Epicenter Bitcoin - $2,000
Brian Armstrong, CoinBase - Going upwards
Lars Christensen, Saxobank - Don't know
Bobby Lee, BTC China - $500
Juan Llanos, Unidos Financial Services Inc - $500
Trace Mayer, Investor - really big
Laura Jeppson, Aoen Risk Solutions - $800
Dr. Marco Krohn, Genesis Mining - $2000-$3000
David Schwartz, Ripple labs - steady rise
Nahid Samsami, CoinBase - No comment
Erik Voorhees, Coinapult - $2,400
Rodrigo Batista, Mercado Bitcoin - $0 - $10000
Gavin Wood, Ethereum - $200-$800 or $900
Peter Todd, Mastercoin - between 0 and infinity
Mark van Cuijk, CoinQY - $2,000
Lasse Birk Olesen, Bitcoin Nordic - $4,000
Brock Pierce, Bitcoin Foundation - $1000-$5000
Gavin Andresen, Bitcoin Foundation - bigger than now
David Irvine, Maidsafe - more interested in what you can do with bitcoin
Ron Gross, Mastercoin  - a few thousand dollars
Roger Ver, Memory Dealers - in the long term is going to be higher
Frank Schuil, Safello - $2,000
Marco Santori, Nesenoff and Miltenburg - Bitcoin has the power to change the world
Alan Safahi, Zip Zap - $500
Andreas Petersson, Mycelium - No idea
Jillian Friedman, Bitcoin Legal - $800
John Light, Cambrian - $1,000
Jon Matonis, Bitcoin Foundation - Logarithmic growth
Steve Beauregard, Gocoin - $600-$800
Gregory Simon, Cryptowerks - 2-3 times higher than today
Ravi Iyengar, Cointerra - higher
David Orban, Dotsub - Price to climb
Michael Terpin, Social Radius - $1000-$2400
Ron Gross, Mastercoin - $4,000
Martijn Wismeijr, MrBitcoin - I don't know
Sam Cole, KnCMiner - $2000-$3000
Edward, Cryptonit - $1000 at least
Patric Stiller, Baytrade Group - $1500-$2000
Kevin Beardsley, Bitcoin Foundation - As long as the community keeps growing
Alan Reiner, Armory Technologies - I don't make predictions.

Average price is two thousand and seventy-two dollars.

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

[jokudaman]

Monero is still better then this!

[AlexGR]

1    Bitcoin   $ 7,947,027,453   $ 619.09
2    Litecoin   $ 318,843,456   $ 11.05
3    Darkcoin   $ 52,733,769   $ 12.14
4    Nxt   $ 46,808,290   $ 0.046808
5    Peercoin   $ 45,744,698   $ 2.13

Dark is acting corrosively to the top altcoins.

Once DRK overtook DOGE, doge crashed from 100 satoshis to 50.

Ripple owner chose to sell.

PPC lost it's "next-to-LTC" position.

LTC prices are going down and down (0.021 -> 0.020 -> 0.019 -> 0.018 etc - as I had predicted it would happen). Instead of being BTC-on-steroids, it's losing money for BTC holders who bought it.

It's fair to say DRK is a catalyst. It's Platinum to Bitcoin's gold - but it doesn't need to be marketed as such. The "Dark" element can stand on its own pretty well combined with a good anonymity system.

BTC: The "gold"... The benchmark. The one constant that everyone goes to or uses as a measure. The property of gold is to be inert and resistant to corrosion for ages - as is Bitcoin. Altcoins come and go, altcoins evolve, Bitcoin stays the same and rules the market no matter what. Rich people hoard it, just like gold bars.

LTC: The "silver"... Silver is reflective and conductive (fast transfers). However it tarnishes over time and loses its "bling". It is also more abundant than gold (29m LTC vs 13m BTC). Silver coins are "brilliant" when exiting the mint but now we are in the tarnishing phase.

DRK: The "platinum"... Platinum is a catalyst and is used in specific applications for its catalytic properties. Doesn't corrode no matter what. It's also mined at much lesser quantities than gold (scarcer) at a ratio of 150 tons (platinum) to 2500 tons (gold) to 25000 tons (silver). Mining production and scarcity of DRK adequately positions it as the platinum. (4.4mn coins vs 13mn BTCs)

(warning: the above do not represent predictions for prices, just analogies of nature and cryptocurrencies)

[raganius]

I am supporting XC and DRK I own both.  And I support anonymous tech as well.  But this will not be adopted into business.  Most companies impose heavy restrictions on the amount of physical cash that can be used for these exact reasons.  And the law (USA) requires that trades and businesses report cash payments of more than $10,000 to the federal government by filing IRS/FinCEN Form 8300 (Exhibit 1).  So, this immediately shuts down the possibility of anon transfers of more than $10,000 for any business.  But in general I can never see any business adopting anonymous transactions.

You can hate on me all you want, but what I'm saying is true.  I am 100% for anon tech, and I don't know about other countries, but this will never be adopted by companies in USA.  

I'm curious - which law prohibits such transfers in the form of crypto-currency?

Law which will be made for sure, if they will feel they cannot control something

Yes, but, like Gandhi said:

"First they ignore you, then they laugh at you, then they fight you, then you win"

Let the governments-bankers come against us... in the end they will certainly loose

[ntrn500]

Good to know, now fuck off.