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

[TanteStefana2]

All I can say is when did Facebook overtake MySpace, and how long has it held the #1 position.  And why?

MySpace was first

There have been many, many more social sites created since Facebook, yet Facebook holds it's lead.  Again, why?

I agree, I'm a fanatic, LOL, I want to adopt that Evan, he's adorable & smart, LOL But I do think there is much truth in what I'm saying???!!!  But I'll admit, I'm very excited over Darkcion for the last 6 months, it's been an exciting experience and I just get a feeling that this is a pretty significant moment in history.

[GhostPlayer]

 It puzzles me that people do not factor in the immense capital that is simply stationed waiting to be able to be moved, but cannot, due to privacy/government scrutiny issues. Its like 500 gzillion times bigger than BTC's marketcap.
 

[toknormal]

I suppose, for fairness to Darkcoin, I should complete the picture.

The other day I did quite a lot of background research into they guy I consider to be the "real" inventor of Darkcoin - this guy here:

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

During my research I discovered a whole pile of other interesting stuff which quite floored me - namely that the "Darkcoin project" is actually about 33 years old in it's wider aspects and that it has a substantial technological, academic and - surprisingly - commercial heritage.

Rather than write it all again I'll just quote my original posts which I'm sure some of you already read. Sorry if it's a bit alarming - I was deep into reading at the time and got a bit stunned by all the background that I'd uncovered. Still I think it's very worth knowing about if your interested in DRK and it's "true" history:

Meet Darkcoin's real inventor...if Evan Duffield was Apple Computer then this guy would be Xerox Parc

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

(I wonder what he thinks about all this now).

It would be nice if part of those bounty DRKs could be entitled to people like him.. would also help on the PR scene.. building the image of the coin as one, which pays its dues to its ancestors..

+ 1401

I don't think people realise how much work has been done to get to this point. They think it's just a couple of guys hammering out some code.

Also check these guys who wrote the 2nd paper referenced in the Darkcoin white paper. Now check what their number 1 reference paper is....

http://ojs.academypublisher.com/index.php/jnw/article/viewFile/0508921928/2053

...and this one...see references 4 and 5.

http://eprint.iacr.org/2014/077.pdf

Everyone stands on the shoulders of Chaum who was into this stuff 33 years ago. Talk about being ahead of your time  

then later...

Wow, this is amazing - this has all been done before - in a centralised manner.

Read this....http://cryptome.org/jya/digicrash.htm

Chaum appears to be a kind of irritating genius who's ideas were way ahead of their time. What we know as Darkcoin is actually Darkcoin 2.0.

1.0 had Microsoft, Netscape and ABM Amro bank and every venture capitalist going interested (cos it was "centralised"). Just shows you - they know exactly what's going on. They just can't get their hands on it today because it's now decentralised so they try to look disinterested, but if they could they'd be all over it like a rash as this testimony clearly demonstrates.

Incredible !

[dewdeded]

I would associate David Chaum more with CryptoNote (Monero, BoolBerry, ...), as he is mostly known (besides eCash) for introducing Group Signatures. Group Signatures lead to the later invention of Ring Signatures.

See: http://en.wikipedia.org/wiki/Group_signature
http://en.wikipedia.org/wiki/Ring_signature

Reason: CryptoNote uses Ring Signatures, DarkCoin is thinking about it.

[toknormal]

I would associate David Chaum more with CryptoNote (Monero, BoolBerry, ...), as he is mostly known (besides eCash) for introducing Group Signatures. Group Signatures lead to the later invention of Ring Signatures.

LoL. Everyone wants a "piece of him" now it would appear

[Ozziecoin]

Be realistic. Bitcoin will have the same privacy level as DarkCoin once DarkWallet is finished.
It's Litecoin that has zero privacy. Thats why #2 place is realistic, if all turns out good. #1 not so much.

FYI: dark wallet alpha 4 is out. They are looking at deploying distributed nodes next. Will this be as good as MNs? I don't know. Darkcoin needs to roll out pronto if it wants to stay ahead.

[TanteStefana2]

I suppose, for fairness to Darkcoin, I should complete the picture.

Yes, all knowledge since the beginning of communication has been built upon previous knowledge.  This includes all aspects of crypto currency.  Including the difference engine, cryptography, electricity, wars, heck, even forums.  It's why we live the way we live now.  One shouldn't ever go back to reinvent the wheel!

But yes, it is very interesting to trace back the history of all of this as well as other histories that brought us to where we are now

Still, it takes another level of brilliance to pull it all together, as well as gumption and drive to make it happen.  You can't ever take that away from Evan!

[toknormal]

Be realistic. Bitcoin will have the same privacy level as DarkCoin once DarkWallet is finished.
It's Litecoin that has zero privacy. Thats why #2 place is realistic, if all turns out good. #1 not so much.

FYI: dark wallet alpha 4 is out. They are looking at deploying distributed nodes next. Will this be as good as MNs? I don't know. Darkcoin needs to roll out pronto if it wants to stay ahead.

Darkwallet is never going to be a substitute for a truly dark network for 1 huge - elephant in the room - reason: it's optional.

What that means is that although you can keep all your expenditure private, you've no control over the privacy of funds that you receive - your customers might use dark wallet to send you money and they might not.

It's a gimmick.

[coins101]

I thought I would lower the tone on this surprisingly intelligent conversation everyone is having over the last couple of pages. Grr..Grr.

[toknormal]

Grr..Grr.

Well, thanks to Ghostplayer....

I use "nano"

arrow to navigate, the ctrl+x to quit, if you edit it will ask if you want to save "y/n" and then filename (just press enter)

..... my DRKs might be out of that red zone for good (if I can get the 'let cold wallet talk to hot wallet and tell it you've really got the readies' bit working)

[Ozziecoin]

Be realistic. Bitcoin will have the same privacy level as DarkCoin once DarkWallet is finished.
It's Litecoin that has zero privacy. Thats why #2 place is realistic, if all turns out good. #1 not so much.

FYI: dark wallet alpha 4 is out. They are looking at deploying distributed nodes next. Will this be as good as MNs? I don't know. Darkcoin needs to roll out pronto if it wants to stay ahead.

Darkwallet is never going to be a substitute for a truly dark network for 1 huge - elephant in the room - reason: it's optional.

What that means is that although you can keep all your expenditure private, you've no control over the privacy of funds that you receive - your customers might use dark wallet to send you money and they might not.

It's a gimmick.

fyi: darksend is also optional. Gimmick or not, dark wallet is validating the concept of distributed nodes and will be implementing it next. Darkcoin needs to move faster, IMHO.

[mattmct]

I hope all have updated ahead of the fork this Friday!

IF you're looking for an updated p2p node, mine is updated with latest bitcoind / p2pool software ahead of the fork. http://x11p2p.com:7903/.

[TanteStefana2]

Be realistic. Bitcoin will have the same privacy level as DarkCoin once DarkWallet is finished.
It's Litecoin that has zero privacy. Thats why #2 place is realistic, if all turns out good. #1 not so much.

FYI: dark wallet alpha 4 is out. They are looking at deploying distributed nodes next. Will this be as good as MNs? I don't know. Darkcoin needs to roll out pronto if it wants to stay ahead.

Darkwallet is never going to be a substitute for a truly dark network for 1 huge - elephant in the room - reason: it's optional.

What that means is that although you can keep all your expenditure private, you've no control over the privacy of funds that you receive - your customers might use dark wallet to send you money and they might not.

It's a gimmick.

fyi: darksend is also optional. Gimmick or not, dark wallet is validating the concept of distributed nodes and will be implementing it next. Darkcoin needs to move faster, IMHO.

DarkSend will eventually be the only way, when it is open sourced.  The only reasons why it isn't now is two fold, the limitation of <10 coins and the fact that it isn't in the open source part of the code. 

[georgem]

I thought I would lower the tone on this surprisingly intelligent conversation everyone is having over the last couple of pages. Grr..Grr.

How I have come to love this graph over the last weeks.

But I wonder, does the counterpart of this pic even exist? The red monster eating the green curves?
Never seen it... it's like nobody likes the red monster.

[RUEHL]

Be realistic. Bitcoin will have the same privacy level as DarkCoin once DarkWallet is finished.
It's Litecoin that has zero privacy. Thats why #2 place is realistic, if all turns out good. #1 not so much.

FYI: dark wallet alpha 4 is out. They are looking at deploying distributed nodes next. Will this be as good as MNs? I don't know. Darkcoin needs to roll out pronto if it wants to stay ahead.

I've played with Dark Wallet using real Bitcoins.  I know it's alpha but it has spooked me not to play with real Bitcoins.

One time I lost $20 USD, and soon after their central server "unsystem" went down.  Finally after 2 weeks, the system became available and spontaneously the money came into my wallet.

Then another time I was just playing with 50 cents worth using the stealth addresses from one computer to another.  The money went to some unknown address not in my wallet.  No big loss, but sure didn't help with building confidence in their product.  

The CoinJoin feature only finds 1 other willing participant for mixing, not very taint worthy.

I'll be back when Dark Wallet finally reaches Beta but for now, it's only ready to play with in Testnet.

[georgem]

DarkSend will eventually be the only way, when it is open sourced.  The only reasons why it isn't now is two fold, the limitation of <10 coins and the fact that it isn't in the open source part of the code.  

You mean, everyone will be forced to use the darksend feature?
Is this official? I thought I would always have the choice.
Choice is always good. Coercion is always bad.

my 2 cents

[toknormal]

Choice is always good. Coercion is always bad.

No it isn't. In this sector, choice is BAD, coercion is good.

The choice you have is to use another network. The whole point of privacy would be lost if it was optional. That's the huge advantage DRK has over anything else.

What's the point of using the Darkcoin network to keep your finances private if every bit of income you receive is transparent to all and sundry ?

If somebody **chooses** to use the DRK network because they wanted totally financial privacy, then that choice can only be done justice to by hiding their income as well as their expenditure.

[TsuyokuNaritai]

I thought I would lower the tone on this surprisingly intelligent conversation everyone is having over the last couple of pages. Grr..Grr.

How I have come to love this graph over the last weeks.

But I wonder, does the counterpart of this pic even exist? The red monster eating the green curves?
Never seen it... it's like nobody likes the red monster.

It's on the other side...

[coinzcoinzcoinz]

Isn't dark wallet centralized? If so, this means we shouldn't be worried of them, right? Or will they become decentralized?

[joelpina]

What you guys think about getting one of the exchanges to add Darkcoin as a main trading currency. e.g NMC/DRK LTC/DRK CRAPCOINS/DRK and so on..

It will surely be traded a lot that way.. it could help the price, any thoughts?