splawik21
Legendary
 Offline
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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January 27, 2015, 10:53:34 AM |
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price approaching to otoh's walking wall. its a strong wall be careful  hm, wall is not so big... Price try to go at 0.006 again? lol, not on my shift, that wall is an iceberg, there's at least 2/3 more of it invisible under the water, ie that I'll add if it starts to show any serious signs of melt at all. Otoh , People are pressing price down at risk, If you would buy all up towards 0.0070 I think there would be panic of those who lost their DRK. Still big respect for all you do at the moment. Yeah, I would like to see those dumpers panicking and buying at loss . Well I'm going to sleep now, I doubt anyone will take too much out of the wall, but whatever they do then I'll put it back to 100 BTC again in about 8 hours time np. Edit, yep someone/s took approx 33 BTC worth of the 100 BTC wall out, thanks for the DRK, I'm too tired and jet lagged to top it back up atm, will put it back to 100 BTC worth or more after sleeping. The always hungry & the dumpers   |
BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Artoodeetoo
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January 27, 2015, 11:23:11 AM |
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Today im gonna buy 7 BTC, then go for 1000 Darkcoins and enter a brave world of masternodes  wish me luck guys !!! P.S. if anyone have 1000 DRK to sell, let me know before i go and buy 7 BTC Go smash the walls mate! Make the traders feel sorry.. |
DASH #DashDC #DashIntoDigitalCash
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stonehedge
Legendary
Offline
Activity: 1652
Merit: 1002
Decentralize Everything
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January 27, 2015, 11:28:52 AM |
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price approaching to otoh's walking wall. its a strong wall be careful hm, wall is not so big... Price try to go at 0.006 again? lol, not on my shift, that wall is an iceberg, there's at least 2/3 more of it invisible under the water, ie that I'll add if it starts to show any serious signs of melt at all. Otoh , People are pressing price down at risk, If you would buy all up towards 0.0070 I think there would be panic of those who lost their DRK. Still big respect for all you do at the moment. Yeah, I would like to see those dumpers panicking and buying at loss . Well I'm going to sleep now, I doubt anyone will take too much out of the wall, but whatever they do then I'll put it back to 100 BTC again in about 8 hours time np. Edit, yep someone/s took approx 33 BTC worth of the 100 BTC wall out, thanks for the DRK, I'm too tired and jet lagged to top it back up atm, will put it back to 100 BTC worth or more after sleeping. The always hungry & the dumpers You forget the always hungry who have too many bills and other commitments to afford to join the feast |
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splawik21
Legendary
Offline
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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January 27, 2015, 12:44:54 PM |
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You forget the always hungry who have too many bills and other commitments to afford to join the feast I know what you mean mate. I have to wait more 14 days to get into the feast :/ |
BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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Terzo2
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January 27, 2015, 12:57:41 PM |
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Huge Sell walls ! Your argument is invalid !
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illodin
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January 27, 2015, 01:03:25 PM |
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Is it true? Sell all your drk and buy navajoe-coin  |
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kludzins
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January 27, 2015, 01:05:50 PM |
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Is it true? Sell all your drk and buy navajoe-coin   i am just asking are they giving wrong information about DRK. |
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pbleak
Legendary
Offline
Activity: 924
Merit: 1001
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January 27, 2015, 01:14:06 PM |
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Is it true? Sell all your drk and buy navajoe-coin i am just asking are they giving wrong information about DRK. It's just a pump. You can decide whether DRK, longer in development, larger community, etc., is being misrepresented or whether a coin nobody has heard of is all of a sudden about to outpace it through what looks like a PR release from the devs/community of that coin. |
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stonehedge
Legendary
Offline
Activity: 1652
Merit: 1002
Decentralize Everything
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January 27, 2015, 01:16:10 PM |
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Their info is outdated. I believe this potential vulnerability has been identified and fixed. Any devs able to confirm this? |
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elturco
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January 27, 2015, 01:17:51 PM |
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"Also, we all know there is currently a liquidity problem resulting in long waiting times when trying to create a Darksend transaction." lol i think they have no idea what masternode is and how darksend works masternodes storing almost 2 million drk now. almost half of total drk supply. and i must ask where is liquidity problem. |
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illodin
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January 27, 2015, 01:21:07 PM |
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It's just a pump. You can decide whether DRK, longer in development, larger community, etc., is being misrepresented or whether a coin nobody has heard of is all of a sudden about to outpace it through what looks like a PR release from the devs/community of that coin.
It has already pumped 6x in a couple of weeks in anticipation of the "anon" and has market cap equal to or larger than SDC, DarkNote, Primecoin, Viacoin, Bitshares, XC, Stealthcoin, Spreadcoin, Bitbay, etc. It's time to publish a few press releases (mentioning DRK obv) and sell the news. |
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eduffield (OP)
Legendary
Offline
Activity: 1176
Merit: 1036
Dash Developer
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January 27, 2015, 01:35:37 PM
Last edit: January 27, 2015, 02:02:28 PM by eduffield |
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I'm going to contact the author of this and see if I can explain the strategy of Darksend. Maybe I can get him to understand the insane amount of security that provides. In any case the way, the CoinShuffle methodology of blinding masternodes IS compatible with DarkSend. This would effectively remove the need for "rounds", even though users could still use them if they wanted. This also doesn't generate any issues from the security advisory, but for them to effectively fix their security they must adopt denominations, which isn't going to happen. As for DarkWallet, Amir is convinced using powers of 2 denominations is safe, which are as insecure as using the unique amounts (I'll write the deanonymizer as soon as they implement it). The future for Bitcoin mixing doesn't look bright, I don't believe there is a comprehensive solution. In coinshuffle, each output is sent to the next peer in a circle, one at a time. The new peer adds an output, shuffles and then sends the list again. We can do this and actually improve upon it. To implement blinding, each user would connect to one completely random masternode and say "Send masternode X this output/value for mix N" and pass a single output. That output would be passed to the leading masternode. It would take access to all masternodes used to know who did what, which is as solid as M rounds mathematically (M = number of outputs). This is great because all users can submit all inputs at once. So it's super fast compared to Coinshuffle and even more secure. |
Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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pbleak
Legendary
Offline
Activity: 924
Merit: 1001
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January 27, 2015, 01:41:21 PM |
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It's just a pump. You can decide whether DRK, longer in development, larger community, etc., is being misrepresented or whether a coin nobody has heard of is all of a sudden about to outpace it through what looks like a PR release from the devs/community of that coin.
It has already pumped 6x in a couple of weeks in anticipation of the "anon" and has market cap equal to or larger than SDC, DarkNote, Primecoin, Viacoin, Bitshares, XC, Stealthcoin, Spreadcoin, Bitbay, etc. It's time to publish a few press releases (mentioning DRK obv) and sell the news. None of those coins are remotely interesting. DRK has no need to pushback on this kind of thing. |
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lxklyga
Newbie
Offline
Activity: 2
Merit: 0
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January 27, 2015, 02:11:11 PM |
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Navajocoin – State Of The Art Anonymous Network Now In Beta Testing http://www.btcfeed.net/coins/navajocoin-state-art-anonymous-network-now-beta-testing/What do you think about this: "Darksend does have a few flaws. Flaw #1, Denomination fee. The denomination fee is always 0.0125 DRK per participant. There are always 3 participants per Darsend Tx making it a total of 0.0375 DRK. While the Darksend Tx has to be of the same size for everyone due to anonymity implications, the fee itself is not mixed, meaning it will always link to the origin of the funds before they entered the Darksend process. Flaw #2, Liquidity and denomination size. Currently, there are different denomination sizes of which the most common ones are 1.00000001, 10.00000001 and 100.00000001 with the latter one being used less frequently than the other 2. There are higher Darksend denomiation sizes but they are rarely used. Also, we all know there is currently a liquidity problem resulting in long waiting times when trying to create a Darksend transaction." Are the flaws of DRKCoin Important????What's your suggestions??? |
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RenegadeMan
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January 27, 2015, 02:13:16 PM |
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I'm going to contact the author of this and see if I can explain the strategy of Darksend. Maybe I can get him to understand the insane amount of security that provides. In any case the way, the CoinShuffle methodology of blinding masternodes IS compatible with DarkSend. This would effectively remove the need for "rounds", even though users could still use them if they wanted. This also doesn't generate any issues from the security advisory, but for them to effectively fix their security they must adopt denominations, which isn't going to happen. As for DarkWallet, Amir is convinced using powers of 2 denominations is safe, which are as insecure as using the unique amounts (I'll write the deanonymizer as soon as they implement it). The future for Bitcoin mixing doesn't look bright, I don't believe there is a comprehensive solution. In coinshuffle, each output is sent to the next peer in a circle, one at a time. The new peer adds an output, shuffles and then sends the list again. We can do this and actually improve upon it. To implement blinding, each user would connect to one completely random masternode and say "Send masternode X this output/value for mix N" and pass a single output. That output would be passed to the leading masternode. It would take access to all masternodes used to know who did what, which is as solid as M rounds mathematically (M = number of outputs). This is great because all users can submit all inputs at once. So it's super fast compared to Coinshuffle and even more secure. Some good pro DRK comments have appeared in the comments at the bottom of this article. Good to see people jumping on the misinformation being pedalled. |
BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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kludzins
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January 27, 2015, 02:13:48 PM |
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Navajocoin – State Of The Art Anonymous Network Now In Beta Testing http://www.btcfeed.net/coins/navajocoin-state-art-anonymous-network-now-beta-testing/What do you think about this: "Darksend does have a few flaws. Flaw #1, Denomination fee. The denomination fee is always 0.0125 DRK per participant. There are always 3 participants per Darsend Tx making it a total of 0.0375 DRK. While the Darksend Tx has to be of the same size for everyone due to anonymity implications, the fee itself is not mixed, meaning it will always link to the origin of the funds before they entered the Darksend process. Flaw #2, Liquidity and denomination size. Currently, there are different denomination sizes of which the most common ones are 1.00000001, 10.00000001 and 100.00000001 with the latter one being used less frequently than the other 2. There are higher Darksend denomiation sizes but they are rarely used. Also, we all know there is currently a liquidity problem resulting in long waiting times when trying to create a Darksend transaction." Are the flaws of DRKCoin Important????What's your suggestions??? Seems that article is corrected now! |
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Minotaur26
Legendary
Offline
Activity: 1092
Merit: 1000
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January 27, 2015, 02:25:39 PM
Last edit: January 27, 2015, 03:01:22 PM by Minotaur26 |
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Navajocoin – State Of The Art Anonymous Network Now In Beta Testing http://www.btcfeed.net/coins/navajocoin-state-art-anonymous-network-now-beta-testing/What do you think about this: "Darksend does have a few flaws. Flaw #1, Denomination fee. The denomination fee is always 0.0125 DRK per participant. There are always 3 participants per Darsend Tx making it a total of 0.0375 DRK. While the Darksend Tx has to be of the same size for everyone due to anonymity implications, the fee itself is not mixed, meaning it will always link to the origin of the funds before they entered the Darksend process. Flaw #2, Liquidity and denomination size. Currently, there are different denomination sizes of which the most common ones are 1.00000001, 10.00000001 and 100.00000001 with the latter one being used less frequently than the other 2. There are higher Darksend denomiation sizes but they are rarely used. Also, we all know there is currently a liquidity problem resulting in long waiting times when trying to create a Darksend transaction." Are the flaws of DRKCoin Important????What's your suggestions??? Lol Darkcoin doesn't use fees tied to the mixing process anymore. Darksend uses ahead of time mixing not in the moment of actually spending. This article is silly, plus it will continue to be improved as Evan described. |
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balu
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January 27, 2015, 02:48:50 PM |
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Navajocoin – State Of The Art Anonymous Network Now In Beta Testing http://www.btcfeed.net/coins/navajocoin-state-art-anonymous-network-now-beta-testing/What do you think about this: "Darksend does have a few flaws. Flaw #1, Denomination fee. The denomination fee is always 0.0125 DRK per participant. There are always 3 participants per Darsend Tx making it a total of 0.0375 DRK. While the Darksend Tx has to be of the same size for everyone due to anonymity implications, the fee itself is not mixed, meaning it will always link to the origin of the funds before they entered the Darksend process. Flaw #2, Liquidity and denomination size. Currently, there are different denomination sizes of which the most common ones are 1.00000001, 10.00000001 and 100.00000001 with the latter one being used less frequently than the other 2. There are higher Darksend denomiation sizes but they are rarely used. Also, we all know there is currently a liquidity problem resulting in long waiting times when trying to create a Darksend transaction." Are the flaws of DRKCoin Important????What's your suggestions??? Outdated flaws. DRK is changing fast, it's already totally different to the version Kristov did the review on. |
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JGCMiner
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January 27, 2015, 03:27:11 PM |
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I'm going to contact the author of this and see if I can explain the strategy of Darksend. Maybe I can get him to understand the insane amount of security that provides. In any case the way, the CoinShuffle methodology of blinding masternodes IS compatible with DarkSend. This would effectively remove the need for "rounds", even though users could still use them if they wanted. This also doesn't generate any issues from the security advisory, but for them to effectively fix their security they must adopt denominations, which isn't going to happen. As for DarkWallet, Amir is convinced using powers of 2 denominations is safe, which are as insecure as using the unique amounts (I'll write the deanonymizer as soon as they implement it). The future for Bitcoin mixing doesn't look bright, I don't believe there is a comprehensive solution. In coinshuffle, each output is sent to the next peer in a circle, one at a time. The new peer adds an output, shuffles and then sends the list again. We can do this and actually improve upon it. To implement blinding, each user would connect to one completely random masternode and say "Send masternode X this output/value for mix N" and pass a single output. That output would be passed to the leading masternode. It would take access to all masternodes used to know who did what, which is as solid as M rounds mathematically (M = number of outputs). This is great because all users can submit all inputs at once. So it's super fast compared to Coinshuffle and even more secure. Wow Evan! Reading this post has really really gotten me excited! Even though it was already extremely unlikely you could be de-anonymized with the current method, FUDDers could always point to that small chance and make a big deal out of it. With the masternodes blinded, however... dare I say NSA proof level anonymity. OK, maybe that is going a bit too far, but nevertheless I can't wait for this development! Maybe it is time to go on another DRK shopping spree. |
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