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

[luigi1111]

I agree with the above. However, (to me) his tune seems to have kinda changed over the last few days. I'm not sure if he managed new success on the water or what, but he's overall less confrontation, almost even respectful at times.

It's possible he got a few PM's from mods.

And the conspiracy begins!

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[eduffield]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

[solo20]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

 NEWS

[raleit2014]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

thank you for posting..looking forward to reading

[CryptoPleb]

Development on RC4 is nearing an end and we expect that we’ll be firing up testnet in the coming week

Kristov Atlas has agreed to be the first to review the Darksend code. Kristov will be evaluating anonymity and overall design of our technology and will report his findings publicly. We’ll be sending the code to him soon and we anticipate that we will hear back from Kristov by the end of the month.

[ExpedientSlush]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

Literally blown away... Wow...

You basically said to hell with the 'mix-at-send' idea and made it so the network is just constantly anonymizing. Holy crap.... you are brilliant... I am honestly floored and that doesn't happen easily.

https://lh4.googleusercontent.com/I50zoL_UCqeBhGHAR4J4RDzGpHQzFm5gCds5pguIGGkBFZ34J6akaC9qmF3D_HMIMHprHSUsyJiYiM7EjyWfucBHuqYCSksINovmaK0VG4LSkfsKRZVEdMMlkN3vrL3eng

[camosoul]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

Hmmm....

I'd like to know what the inter-master-node TXes look like.

Are they just a send of 26DRK? Or are they denominated at the first hit and remain thusly denominated? Do they mix?

I guess my question is; How does the circle of green boxes work between the boxes?

Another way of saying it: Those black arrows between the green boxes, what's going on there? What do those TXes look like on the BC?



"The coins are mixed and converted to homogeneous subsets..."

Is that the part that answers my question with the answer I want to hear in semi-ambiguous language that makes me wonder if it means what I think it means?

They look like the blue ovals, just moving to blue ovals on the next masternode? Is that what this is trying to say, but doing it as if English is the writers' second language?

[Brilliantrocket]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

Hmmm....

I'd like to know what the inter-master-node TXes look like.

Are they just a send of 26DRK? Or are they denominated at the first hit and remain thusly denominated? Do they mix?

I guess my question is; How does the circle of green boxes work between the boxes?

Another way of saying it: Those black arrows between the green boxes, what's going on there? What do those TXes look like on the BC?

The way I understand it, nothing is added to the blockchain between the green boxes. The masternodes never actually hold the funds, they just facilitate signing. Someone correct me if I am mistaken. 

[aleix]

panic-buy incoming   

[sharkbyte093]

Development Updates - July 15th

https://darkcointalk.org/threads/development-updates-july-15th.1788/

Hmmm....

I'd like to know what the inter-master-node TXes look like.

Are they just a send of 26DRK? Or are they denominated at the first hit and remain thusly denominated? Do they mix?

I guess my question is; How does the circle of green boxes work between the boxes?

Another way of saying it: Those black arrows between the green boxes, what's going on there? What do those TXes look like on the BC?

The way I understand it, nothing is added to the blockchain between the green boxes. The masternodes never actually hold the funds, they just facilitate signing. Someone correct me if I am mistaken.  

This is correct the masternodes never actually hold the funds they just facilitate transactions.

@eduffield

This is pretty impressive Mr. Duffield. I can't wait to take it out for a test drive.

[GhostPlayer]

Closed source boo-hoo !!

Code Review

Kristov Atlas has agreed to be the first to review the Darksend code. Kristov will be evaluating anonymity and overall design of our technology and will report his findings publicly. We’ll be sending the code to him soon and we anticipate that we will hear back from Kristov by the end of the month.

What i love about Kristov is that he is a highly skeptical person by nature, but open-minded enough for pure objectivity.
 He's a brilliant observer and interpreter.

All the hallmarks of a great and thorough scientist.

[illodin]

The way I understand it, nothing is added to the blockchain between the green boxes. The masternodes never actually hold the funds, they just facilitate signing. Someone correct me if I am mistaken.  

This is correct the masternodes never actually hold the funds they just facilitate transactions.

So the anonymity slider can be cranked to full and it won't add to the blockchain bloat? If so, awesome.

[Minotaur26]

Closed source boo-hoo !!

Code Review

Kristov Atlas has agreed to be the first to review the Darksend code. Kristov will be evaluating anonymity and overall design of our technology and will report his findings publicly. We’ll be sending the code to him soon and we anticipate that we will hear back from Kristov by the end of the month.

What i love about Kristov is that he is a highly skeptical person by nature, but open-minded enough for pure objectivity.
 He's a brilliant observer and interpreter.

All the hallmarks of a great and thorough scientist.

+1 It is great that Darksend+ will finally get a reputable independent review, it just speaks to the development team transparency.

[camosoul]

The way I understand it, nothing is added to the blockchain between the green boxes. The masternodes never actually hold the funds, they just facilitate signing. Someone correct me if I am mistaken.  

This is correct the masternodes never actually hold the funds they just facilitate transactions.

Pardon me for playing Devil's Advocate: But, if the coins don't actually change hands, how does this obfuscate anything?

[qwizzie]

market is reacting already... look at Mintpal

[toknormal]

Phenomenal.

This is a huge philosophical step.

He's moved the goalposts so that the emphasis is now on maintaining a background service for anonymising the entire coin supply rather than doing in realtime for individual transactions.

That's the way to go - instead of bickering over whats the best algo for making an individual transaction disappear, just turn the entire f*cking coin supply into mist !!!

Who says masternodes weren't any use - there you go folks. There's your innovation right there and it's blasted DRK right back into a class of its own.

[Kyune]

From the update:

Every 10 blocks, user clients network-wide will send any unmixed, traceable Darkcoins in their possession through an anonymization phase. In this phase, Masternodes are used in chained succession to mix the coins they receive from the network and break them down into homogenous denominations. After being processed by a minimum of 2 Masternodes, the coins are either sent to the next Masternode in the chain or back to the user’s wallet at randomly generated change addresses.

Can a user opt-out of this background anonymization for some or all of his or her coins, or is Darkcoin moving to a model where it is essentially mandatory that all coins be mixed in this way even if they are just sitting in wallets?

I ask because it seems like there are use cases where being able to trace the history of your own coins -- or proving that history to others, by pointing them to a neutral third party block explorer -- is a desired feature.  Scrambling the ability to trace and document that history (when the ability to document that history is actually desired, of course) by mixing coins in the background introduces some new wrinkles, especially for business use cases.

[Brilliantrocket]

The way I understand it, nothing is added to the blockchain between the green boxes. The masternodes never actually hold the funds, they just facilitate signing. Someone correct me if I am mistaken.  

This is correct the masternodes never actually hold the funds they just facilitate transactions.

Pardon me for playing Devil's Advocate: But, if the coins don't actually change hands, how does this obfuscate anything?

We'll have to wait for a more detailed explanation of what exactly happens when the change is generated. In the past, it was obfuscated because it looked like you sent 10, when in reality the masternode would send your recipient 5, and you'd get 5 back in change. Using multiple masternodes in the process would have just made it nearly impossible for transactions to be traced through node collusion.

[g4q34g4qg47ww]

The combined probability column in fernando's spreadsheets... at 600 total masternodes, if you owned 100 masternodes, you would still only have ~ .0000468% chance of being able elected in a way to determine inputs and outputs. Wow. Am I reading that correctly?

Edit: At 8 rounds

[Minotaur26]

From the update:

Every 10 blocks, user clients network-wide will send any unmixed, traceable Darkcoins in their possession through an anonymization phase. In this phase, Masternodes are used in chained succession to mix the coins they receive from the network and break them down into homogenous denominations. After being processed by a minimum of 2 Masternodes, the coins are either sent to the next Masternode in the chain or back to the user’s wallet at randomly generated change addresses.

Can a user opt-out of this background anonymization for some or all of his or her coins, or is Darkcoin moving to a model where it is essentially mandatory that all coins be mixed in this way even if they are just sitting in wallets?

I ask because it seems like there are use cases where being able to trace the history of your own coins -- or proving that history to others, by pointing them to a neutral third party block explorer -- is a desired feature.  Scrambling the ability to trace and document that history (when the ability to document that history is actually desired, of course) by mixing coins in the background introduces some new wrinkles, especially for business use cases.

I respectfully disagree with you, the final transaction the person to person transaction occurs directly so that you can see the coins leave your wallet directly to the recipient's address and you can see the address getting the coins in the blockchain. So you can verify any transaction between buyer and seller just like you do now, but you are using previously mixed and denominated coins so that it is really a fog for everyone else! It is just brilliant, basically ecash! Great for business applications and way better than Bitcoin for B2B.