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Author Topic: Why you should be Buying DARKCOIN  (Read 7646 times)
hamiltino
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February 18, 2014, 07:54:11 AM
 #21

So many people have been waiting for this and each coin promising it has led to disappointment. Well today TIPS succeeded where those others failed. TIPS launched a world-first in wallet option to utilize a mixing service from the client, rendering all payments sent to be anonymous should the user so choose. It is LIVE.

Problem with it is that it relies on a mixing node which means you have to trust that the node is not doing anything funny. On top of that it charges 2% just to use the service.

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February 18, 2014, 08:41:09 AM
 #22

i dont see any advantage it has right now over anoncoin. in fact if anything you should rather buy anc, since its cheap right now.
however ill give the op that it rose to 1$. makes it the opposite of a long term hold for now, since after its done pumping its gonna have a drop for sure.

you should not be tricked by bloomy statements like "DarkCoin has all the features AnonCoin has plus so much more", which says absolutely nothing. it actually should make you very cautious.

i hold very few anc and 0 drk, to put my post in perspective. dont want to be another promoter...
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February 18, 2014, 09:54:11 AM
 #23

Because of that fucking instamine? pardon I mean that sexy decreasing block reward?

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hamiltino
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February 18, 2014, 10:26:56 AM
 #24

i dont see any advantage it has right now over anoncoin. in fact if anything you should rather buy anc, since its cheap right now.
however ill give the op that it rose to 1$. makes it the opposite of a long term hold for now, since after its done pumping its gonna have a drop for sure.

you should not be tricked by bloomy statements like "DarkCoin has all the features AnonCoin has plus so much more", which says absolutely nothing. it actually should make you very cautious.

i hold very few anc and 0 drk, to put my post in perspective. dont want to be another promoter...

Sorry anoncoin is nothing like darkcoin, you need to use darknet to darknet transfers to make anonymous transactions. That's a major hassle.

 Darkcoin will be as easy as any other transactions with no absurd fees.

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extee
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February 18, 2014, 10:55:41 AM
 #25

Darkcoin currently makes no sense.

the 2 main things that set it apart from other coins are not yet implemented:

Encrypted transaction network: Work In Progress
Anonymous blockchain using coinjoin technology: Pre-Alpha


Zerocoin will be released soon and it has all of these things taken care of .
and apparently can make any coin transaction anonymous through an integrated layer
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February 18, 2014, 01:51:51 PM
 #26

Darkcoin currently makes no sense.

the 2 main things that set it apart from other coins are not yet implemented:

Encrypted transaction network: Work In Progress
Anonymous blockchain using coinjoin technology: Pre-Alpha


Zerocoin will be released soon and it has all of these things taken care of .
and apparently can make any coin transaction anonymous through an integrated layer

I think we need variety in the cryptocoin space. Two anonymous currencies are better than one and much better than zero.

DarkSend is in a working state on testnet, so we're making good progress. I wouldn't call that non-existant. Also, Zerocoin uses exotic mathematics that could have some unforeseen hole in them and DarkSend uses a completely different implementation that is pretty straight forward and relies on tried and true mathematics. So again, 2 is better than 1.

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

Zerocoin's proof of work is in the 2 kilobyte range if I remember correctly, per transaction. That's alot better than it was for their first proof, but it will still cause alot of bloat in the blockchain. Darksend's method of anonymity on the other hand doesn't have very much bloat at all. 

Don't get me wrong, Zerocoin is very cool, but obviously I think Darkcoin has it's place.

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February 18, 2014, 02:00:23 PM
 #27

Not yet implemented?Huh?

Dude, read the first page of the official Darkcoin thrad and educated yourself instead of making on the fly statments.

The "dark send" is already working!!!!

Darkcoin currently makes no sense.

the 2 main things that set it apart from other coins are not yet implemented:

Encrypted transaction network: Work In Progress
Anonymous blockchain using coinjoin technology: Pre-Alpha


Zerocoin will be released soon and it has all of these things taken care of .
and apparently can make any coin transaction anonymous through an integrated layer
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May 20, 2014, 01:17:06 AM
 #28

Read this if you guys want to know bit more about DRK. I wonder where it will go after its next update which will be on 25th of this month.
http://www.cityam.com/blog/1400076352/heres-why-privacy-centered-darkcoin-surging 
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