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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 8911438 times)
jap1968
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February 19, 2014, 04:35:34 PM
 #3201


What's that?

Oh, yeah: A Darkhole!
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Kenta
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February 19, 2014, 04:36:00 PM
 #3202

Network hash rate dropped quite a bit
Not so strange. Myself I've been getting almost no new coins at all with the recent difficulty and moved all cpu's to RieCoin instead. I might consider moving gpu's to DRK if MAX continues to drop though..

Trade your cryptocoins at: ◣ bleutrade.com ◢◣ C-Cex.com ◢
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February 19, 2014, 04:36:37 PM
 #3203

Network hash rate dropped quite a bit

Except one hell of a jump after alpha tests tonight  Grin

I'm happy it dropped  Grin

More coins for me to mine !!

I love this coin. It was released on my birthday and I've always been a dark-side kinda guy. I'm in it for the long haul

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February 19, 2014, 04:37:50 PM
 #3204

Network hash rate dropped quite a bit
Not so strange. Myself I've been getting almost no new coins at all with the recent difficulty and moved all cpu's to RieCoin instead. I might consider moving gpu's to DRK if MAX continues to drop though..

I wasted 6 hours mining maxcoin, max keiser needs an ass kicking.

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February 19, 2014, 04:59:28 PM
 #3205

Network hash rate dropped quite a bit
Not so strange. Myself I've been getting almost no new coins at all with the recent difficulty and moved all cpu's to RieCoin instead. I might consider moving gpu's to DRK if MAX continues to drop though..

I wasted 6 hours mining maxcoin, max keiser needs an ass kicking.

I'm sure we'll get the Max bump soon enough

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onetime
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February 19, 2014, 05:03:10 PM
 #3206

this isn't good enough.. I'll improve it later. the top font looks unprofessional.



-onetime
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February 19, 2014, 05:48:17 PM
 #3207



I adjusted the colors and altered the design in the center of the logo.

(The subtle blurred separation in the dark diagonal bar across the center is intentional to represent anonymized un-linked transactions.)

-onetime




EDIT:        

This is my fav so far, I like the clean / polish of it, and the dark blue. Nice touch with the blured seperation.  Thanks to all who are helping this coin!

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Lebubar
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February 19, 2014, 05:53:31 PM
 #3208

Yes it's really nice.

Only small thing with the 00110 : pixelized? aliased?
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February 19, 2014, 05:53:59 PM
 #3209

Network hash rate dropped quite a bit

Expect one hell of a jump after alpha tests tonight  Grin

THIS is the news, as much as I like logo design talk.  THIS is what's getting me excited!  Great work!!

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Speedie
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February 19, 2014, 05:58:46 PM
 #3210



I adjusted the colors and altered the design in the center of the logo.

(The subtle blurred separation in the dark diagonal bar across the center is intentional to represent anonymized un-linked transactions.)

-onetime




EDIT:      

This is my fav so far, I like the clean / polish of it, and the dark blue. Nice touch with the blured seperation.  Thanks to all who are helping this coin!

I like it too. The binary word at approximately 8 o' clock is malformed though (7 digits not 8). Maybe this would be better:

01100100 01100001 01110010 01101011 01100011 01101111 01101001 01101110

(D.A.R.K.C.O.I.N)
Neon001
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February 19, 2014, 06:03:28 PM
 #3211

So right now this is about the same profitability as Max?  Is C-Cex the largest exchange?  I don't see much volume there. 
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February 19, 2014, 06:06:12 PM
 #3212

http://s4.postimg.org/xyv6u103h/darkcoinlogoflaw.png

Just find that this one lacks one bit. Apply also to onetime's version.

Edit. You got it first Speedie.

DRK XeHGWDE6LaY5PKJf5rTYYaKN49BnizWNd9
eduffield
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February 19, 2014, 06:08:10 PM
 #3213

I’ve heard some chatter and misconceptions about the difference between Darkcoin vs Zerocoin, so here’s a write up about the pros and cons of each approach and what they do differently.

Darkcoin

First off, most people start by asking is DarkSend actually real and does it work? Yes! Checkout the development progress here: https://bitcointalk.org/index.php?topic=467857.0

DarkSend is based off of Greg Maxwells original idea called Coinjoin, with some added improvements and decentralization. The decentralized approach is important because the logic is self contained in the client, which is managed by the users themselves. This is a trustless solution.

Darkcoin uses the base transaction layer to sign it’s transactions in much the same way that Bitcoin does. The mathematics are tried and true and have been used for years in computer security and banking.

Transactions will be grouped together and the same cost as sending transactions on the normal network. Both DarkSend and normal transactions will be available to choose from, but at some point we might default to DarkSend (and go Dark).

It’s also worth noting that this approach doesn’t bloat the blockchain at all either. Transactions are the same size as the would have been.

Zerocoin

The approach Zerocoin takes is to use some exotic mathematics to hide the identity with a zero-knowledge proof. This allows a higher quality of anonymity, but also could have some unforeseen hole that will be exploited later.

Checkout this link to see the mathematics I'm talking about: https://github.com/Zerocoin/libzerocoin/blob/master/AccumulatorProofOfKnowledge.cpp

Zerocoin's proof of work is in the 344 byte range, which was reduced from 50kb in Mathew Green’s original work. These proofs must be stored in the blockchain for each transaction that goes through the network for confirmation purposes and the ledger history, so this will cause a lot of bloat. There is also a need for these proofs to be processed by the networks nodes, being larger will cause more intense CPU usage with smaller transaction rates.  

Mixing Services - (Fedoracoin, Anoncoin)

The revolutionary feature of Bitcoin was not the currency, but the decentralized ledger. Mixing services are great at what they do, but any hosted service is inherently centralized and requires an amount of trust of that entity. Services setup in a centralized way can also be compromised without users knowledge.

---

I think the Darkcoin approach has the best mix of features, with the least risk and it’s decentralized. So we definitely have our place in the market.

EDIT: I accidentally copied misinformation from a bad source on the internet, I was looking for original sources this morning trying to vet my post and found it was wrong. Sorry!

References:

Coinjoin spec: https://bitcointalk.org/index.php?topic=279249.0;all
Matthew Green's paper: http://www0.cs.ucl.ac.uk/staff/G.Danezis/papers/DanezisFournetKohlweissParno13.pdf

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February 19, 2014, 06:10:39 PM
 #3214

And what is the difference between Darkcoin and DarkWallet's Coinjoin implementation?

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ImI
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February 19, 2014, 06:14:33 PM
 #3215

And what is the difference between Darkcoin and DarkWallet's Coinjoin implementation?

is darkwallet running already? i thought its just a project.
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February 19, 2014, 06:15:41 PM
 #3216

And what is the difference between Darkcoin and DarkWallet's Coinjoin implementation?

It's not in the native client, it's a browser extension and it's not decentralized. In the world of crypto decentralized solutions will always win, we need all of this technology to be trustless.

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
bigc1984
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February 19, 2014, 06:18:45 PM
 #3217

And what is the difference between Darkcoin and DarkWallet's Coinjoin implementation?

is darkwallet running already? i thought its just a project.

its pretty much complete the dev. team is just finishing some last minute bugs.

bigc1984
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February 19, 2014, 06:22:05 PM
 #3218

And what is the difference between Darkcoin and DarkWallet's Coinjoin implementation?

It's not in the native client, it's a browser extension and it's not decentralized. In the world of crypto decentralized solutions will always win, we need all of this technology to be trustless.

can i use the same signature as you?

klee
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February 19, 2014, 06:22:38 PM
 #3219

And what is the difference between Darkcoin and DarkWallet's Coinjoin implementation?

is darkwallet running already? i thought its just a project.
Yes but maybe they have some specs released?

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humanitee
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February 19, 2014, 06:25:15 PM
 #3220

Appreciate those posts eduffield.

Have you by chance expounded upon the "encrypted transaction network", or at least gave a brief outline/framework somewhere? I'm curious what your vision is for this. I think I've read every post in this thread but I may have missed it.
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