Like I said, the name works for now, but not for mass adoption.
Yes, you did say it, some 15 million times
<== just kidding.
No one knows is adoption in the cards at all. And what is the "mass adoption," pray, 10% of the world population or 0.01% of the world citizenry? Even the latest number, 1 out of 10,000 people would represent 722,560 people all over the world using Darkcoin.
So, now think of 2,395 members on
https://darkcointalk.org/ or 2,180 masternodes in total vs. 722,560 people if only 1 out 10,000 people would "adopt" Darkcoin, or even just 72,256 people if only 1 out of 100,000 in the whole wide world adopts it. Still a way to go, no? We are at the lunatic fringe of a new era. Even the BTC, with about 64,000 businesses accepting bitcoins (as of October 7, 2014, per CoinDesk, 2014, The state of Bitcoin Q2 2014) has a paltry number of coins actually used for purchasing goods and services. 1 out of 40,000 transactions made in the world were made using bitcoin. (from the Study I am referring to below)
More than half of the bitcoins in circulation have not been used in transactions the past three months and about a third have not been used in the past year. (from the Federal Reserve Study, no less, titled "Bitcoin: Technical Background and Data Analysis"). While I have no clue how many Darkcoins are being used for real transactions, I know that, as of yesterday, 42% of all available Darkcoins are "locked in" the Mastenodes, so, all this is a highly speculative game for everyone that is NOT directly involved like the developers and / or several big investors. (also speculating)
When I read the study (Bitcoin: Technical Background and Data Analysis) I find one thing very encouraging: BTC is NOT widely used because it does NOT solve the problem / need for the users. Credit cards are faster and it, BTC, does not provide anonymity, does not secure anyone's privacy etc.
Herein comes Darkcoin to fulfill these needs.
But, how many people would really value their privacy and anonymity, given the billions idiots sharing their lives, for free on flashbooks of today's world, thusly enriching the owners of their content? I have no clue. Perhaps 1%, perhaps 0.1%?
And for these the name -
DARKCOIN - will not represent a problem.
