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

[coins101]

Prepare for the update so we don't get any problems.

Timeline Update

At this point we are comfortable setting a firm release date for RC3. Release dates for versions beyond that will be updated as circumstances dictate and as development progresses.
RC3 (June 18th): Fully implemented Masternode payments (20% of each block), automatic checkpointing, fixes for network forking issues
RC4 (Mid July): Improved anonymity and removal of 10 DRK Darksend limitation
Code Audit: We will release details on this as they become available
RC5: Address any security issues or major bugs discovered in the audit



https://darkcointalk.org/threads/development-update-6-6-2014-masternode-payments.1126/

[blajde]

Prepare for the update so we don't get any problems.

Timeline Update

At this point we are comfortable setting a firm release date for RC3. Release dates for versions beyond that will be updated as circumstances dictate and as development progresses.
RC3 (June 18th): Fully implemented Masternode payments (20% of each block), automatic checkpointing, fixes for network forking issues, Cold storage fix
RC4 (Mid July): Improved anonymity and removal of 10 DRK Darksend limitation
Code Audit: We will release details on this as they become available
RC5: Address any security issues or major bugs discovered in the audit



https://darkcointalk.org/threads/development-update-6-6-2014-masternode-payments.1126/

[TanteStefana2]

You know, the subject of Quantum computing came up on another thread at Darkcointalk.org, and it occurred to me that all these cryptographic solutions to give anonymity to transactions will not withstand the test of time.  With Quantum computers already out ( http://www.dwavesys.com/quantum-computing) any transaction using such things as mathematics will eventually be cracked.

However, with Darkcoin, we have something that can be thought of as a mechanical solution.  It's a logical solution and doesn't rely on mathematics.  And any relevant information that could link up accounts is simply destroyed once the transaction completes.

Darkcoin is future proof.

[MasterMined710]

There's Nothing that Can Stop Bitcoin Darkcoin. ie Quantum computing
https://www.youtube.com/watch?v=_-NwFOAS0ZA

[AlexGR]

You know, the subject of Quantum computing came up on another thread at Darkcointalk.org, and it occurred to me that all these cryptographic solutions to give anonymity to transactions will not withstand the test of time.  With Quantum computers already out ( http://www.dwavesys.com/quantum-computing) any transaction using such things as mathematics will eventually be cracked.

However, with Darkcoin, we have something that can be thought of as a mechanical solution.  It's a logical solution and doesn't rely on mathematics.  And any relevant information that could link up accounts is simply destroyed once the transaction completes.

Darkcoin is future proof.

This particular computer (dwave) is not yet classified as a 100% quantum one. If a qc comes out (or if it already exists in secret), most cryptos will be (or already are and they don't know it) in trouble.

Bitcoin is already 5y. old and the elliptic curve system for public/private keys (which isn't quantum resistanct) is gravitating towards its end.

Darkcoin and all bitcoin clones will be futureproof once they have solved that issue, otherwise all public keys that have ever been published through the blockchain will be cracked and the addresses "emptied". Personally I prefer to do it first, rather than later - although the exact algorithm chosen must be chosen extremely carefully and in consultation with top-notch cryptography experts.

Everything is based on the assumption* that things are ok because, well... if someone had a QC they would have surely told us - when in fact there is simply no incentive to do so as a QC is able to crack military grade encryption and it, therefore, represents a strategic advantage to its owner. The same is true for concealing its existence.

* Assumption = the mother of all fuckups.

Regarding the anonymity part, Cryptonote coins (Bytecoin/Monero etc) & Zerocoin/Zerocash are breakable by quantum computers.

[dewdeded]

Research on post-quantum cryptography started 10 years ago, post-quantum encryption is ready.
If Quantum computers are anywhere near to break todays asymmectric crypto, switch to post quantum cypto will be made.

Quantum computers arent no specific threat to cryptocurrencies anyway. They are an (abstract) threat to the IT security of any organisation using (at e.g. banks, financial institutes, govt, ...) computers.

[janos666]

And any relevant information that could link up accounts is simply destroyed once the transaction completes.

Well, *supposedly* destroyed.
ISPs can still log every bits in/out and those are protected only by the same kind of encryptions which are *supposedly* ?non?-crackable.

[TanteStefana2]

You know, the subject of Quantum computing came up on another thread at Darkcointalk.org, and it occurred to me that all these cryptographic solutions to give anonymity to transactions will not withstand the test of time.  With Quantum computers already out ( http://www.dwavesys.com/quantum-computing) any transaction using such things as mathematics will eventually be cracked.

However, with Darkcoin, we have something that can be thought of as a mechanical solution.  It's a logical solution and doesn't rely on mathematics.  And any relevant information that could link up accounts is simply destroyed once the transaction completes.

Darkcoin is future proof.

This particular computer (dwave) is not yet classified as a 100% quantum one. If a qc comes out (or if it already exists in secret), most cryptos will be (or already are and they don't know it) in trouble.

Bitcoin is already 5y. old and the elliptic curve system for public/private keys (which isn't quantum resistanct) is gravitating towards its end.

Darkcoin and all bitcoin clones will be futureproof once they have solved that issue, otherwise all public keys that have ever been published through the blockchain will be cracked and the addresses "emptied". Personally I prefer to do it first, rather than later - although the exact algorithm chosen must be chosen extremely carefully and in consultation with top-notch cryptography experts.

Everything is based on the assumption* that things are ok because, well... if someone had a QC they would have surely told us - when in fact there is simply no incentive to do so as a QC is able to crack military grade encryption and it, therefore, represents a strategic advantage to its owner. The same is true for concealing its existence.

* Assumption = the mother of all fuckups.

Regarding the anonymity part, Cryptonote coins (Bytecoin/Monero etc) & Zerocoin/Zerocash are breakable by quantum computers.

Sorry, I should have clarified, I meant only that DarkSend is future proof.  Yes, we will all have to move over to a different algorithm eventually.  

You know, the person that comes up with an alternative use for ASICs will make a fortune!  Can they be integrated into a computer's function, perhaps reverse design for video gaming?  LOL.  I suspect the landfills will soon be full of 'em

[Kai Proctor]

 

[Citrate]

http://www.zazzle.com/darkcoin

http://rlv.zcache.com/darkcoin_hoodie-r106b96f6422244c480ffe446ce9cbbfd_8nhm7_152.jpg

[AlexGR]

Research on post-quantum cryptography started 10 years ago, post-quantum encryption is ready.
If Quantum computers are anywhere near to break todays asymmectric crypto, switch to post quantum cypto will be made.

The thing with the "if" is that you (not you specifically) don't know it. It's an assumption. It's like stealth bombers (f117) in the late 80s/early 90s... they weren't supposed to exist, and some apparently believed that their defences were good enough with a mentality like "surely we will see the enemy coming on the radar and shoot them down with A/A missiles" and then, with no radar-bleep, bombs started raining.

That's the thing with strategic advantages. They are not revealed until the time is right.

[coins101]

Bin Laden was found by accident...I wouldn't worry too much about these new big pc's.

[mstrongbow]

Bin Laden was found by accident...I wouldn't worry too much about these new big pc's.

More like Bin Laden was "allowed" to be found...that's all I can say about that 

[minerjav]

Directly from QC Crypto-coin labs

[Icebucket]

http://www.zazzle.com/darkcoin

[coins101]

Over the next few weeks, you will likely get one of these



 

Who says you can't have a bit of harmless fun while watching a $1bn project unfold?

[coins101]

Prepare for the update so we don't get any problems.

Timeline Update

At this point we are comfortable setting a firm release date for RC3. Release dates for versions beyond that will be updated as circumstances dictate and as development progresses.
RC3 (June 18th): Fully implemented Masternode payments (20% of each block), automatic checkpointing, fixes for network forking issues
RC4 (Mid July): Improved anonymity and removal of 10 DRK Darksend limitation
Code Audit: We will release details on this as they become available
RC5: Address any security issues or major bugs discovered in the audit



https://darkcointalk.org/threads/development-update-6-6-2014-masternode-payments.1126/

[AlexGR]

Research on post-quantum cryptography started 10 years ago, post-quantum encryption is ready.
If Quantum computers are anywhere near to break todays asymmectric crypto, switch to post quantum cypto will be made.

The thing with the "if" is that you (not you specifically) don't know it. It's an assumption. It's like stealth bombers (f117) in the late 80s/early 90s... they weren't supposed to exist, and some apparently believed that their defences were good enough with a mentality like "surely we will see the enemy coming on the radar and shoot them down with A/A missiles" and then, with no radar-bleep, bombs started raining.

That's the thing with strategic advantages. They are not revealed until the time is right.

Regarding the strategic advantage thing

=>

http://en.wikipedia.org/wiki/Differential_cryptanalysis

History

The discovery of differential cryptanalysis is generally attributed to Eli Biham and Adi Shamir in the late 1980s, who published a number of attacks against various block ciphers and hash functions, including a theoretical weakness in the Data Encryption Standard (DES). It was noted by Biham and Shamir that DES is surprisingly resistant to differential cryptanalysis, in the sense that even small modifications to the algorithm would make it much more susceptible.[1]
In 1994, a member of the original IBM DES team, Don Coppersmith, published a paper stating that differential cryptanalysis was known to IBM as early as 1974, and that defending against differential cryptanalysis had been a design goal.[2] According to author Steven Levy, IBM had discovered differential cryptanalysis on its own, and the NSA was apparently well aware of the technique.[3] IBM kept some secrets, as Coppersmith explains: "After discussions with NSA, it was decided that disclosure of the design considerations would reveal the technique of differential cryptanalysis, a powerful technique that could be used against many ciphers. This in turn would weaken the competitive advantage the United States enjoyed over other countries in the field of cryptography."[2] Within IBM, differential cryptanalysis was known as the "T-attack"[2] or "Tickle attack".[4]

...just a "tiny" 15-20 year advantage while everyone thought they were "safe"

[bitcoinsid]

hi guys , firstly welldone to everyone involved in making drk the most innovative coin ever created. i know evan has worked extremely hard and hats off to him however i feel you guys also deserve alot of credit espescially in the early days when masternodes were being discussed on this forum and as time passed more ideas and features have been implemented that began in this forum.
when trolls have come you all have stood your ground ,you never gave into the dumpers (after fork) , you guys stuck together and backed evan. ive been involved in crypto for around 1year and i know drk will go on to become somethin very special. i cant rember all names but a few really did stand out, evan is the main man, chaeplin , alex , anonmint , internet ape, ozzie , dyslezic zombie and a few more guys( sorry for not tyin all names) i thank you all for your time and hard work ;-)

[Ozziecoin]

The darkhorse currently looks a bit like this to me:

1. Darkcoin is developing trustless coinjoin via a distributed network of nodes (masternodes) selected at random. The DarkWallet guys are developing trustless coinjoin at wallet level, without servers. It would appear to me that it is easier to build trustless coinjoin on servers rather than at wallet level.  But who really knows? Which is why it is prudent to hedge one's Btc/Ltc/whatever position.  

2. Even if Darkcoin fails to develop trustless coinjoin on a server (a very strange result); one could run darksend across the entire network of masternodes a number of times to ensure probabilistically that you will at least hit one "good" masternode that will scramble your transactions. In other words, it's good insurance to have a distributed network of masternodes.

Even if there are few good masternodes in the system, and you have many bad masternodes but they are owned by different bad people, they will still be unable to unscramble the coinjoin unless the bad guys cooperated with each other (think US hackers making friends with Russian hackers and Chinese hackers - super not likely). I like this much better than trusting that DarkWallet can successfully achieve CoinJoin one time 100% of the time (of course you can run DarkWallet a number of times too but the point is that insecure masternodes are not a critical issue. Darkcoin can assume a number of them are bad and DarkSend will still function.). I like to assume that a number of the masternodes are bad, yet it won't matter because we can run DarkSend a number of times.

3. I don't believe that bitcoin will ever port darkcoin over, for the following reasons: Porting would require such an overhaul of the bitcoin protocol that no one will want to take the risk. For example, miners will lose a percentage of the block reward. Wealth would effectively be transferred from the miners to the bitcoin holders. Who will determine the block percentage reward for Masternodes? Who will set the minimum Btc amount for each MN?  For all intents and purposes, Darkcoin is very, very, very unlikely to be ported over to Bitcoin. It is highly unlikely that bitcoin stakeholders will be able to agree on the final parameters.  

I hold both bitcoins and darkcoins.