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Author Topic: Most anonymous coin?  (Read 1336 times)
omgbossis21 (OP)
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March 28, 2014, 07:11:30 PM
 #1

With the irs intervening in crypto currency does anyone else think a anonymous coin will be left a top contender in the long run?  I'm sure some people will register and file their earning, mostly top earners.  Though lots of people have minimal earnings and are likely fairly "poor" to begin with and will want to avoid this.  Lets avoid the "this is tax evasion and breaking the law" conversation please, especially since we are are all aware of how silk road played into bit coins role.  Also what do you feel is currently the most anonymous coin?  The only one I really seen was tips with the first coin mixing but im sure their is more.
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March 28, 2014, 07:15:46 PM
 #2

There is not any anonymous coins around now.
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March 28, 2014, 07:21:19 PM
 #3

With the irs intervening in crypto currency does anyone else think a anonymous coin will be left a top contender in the long run?  I'm sure some people will register and file their earning, mostly top earners.  Though lots of people have minimal earnings and are likely fairly "poor" to begin with and will want to avoid this.  Lets avoid the "this is tax evasion and breaking the law" conversation please, especially since we are are all aware of how silk road played into bit coins role.  Also what do you feel is currently the most anonymous coin?  The only one I really seen was tips with the first coin mixing but im sure their is more.

ZeroCoin will be probably released in future. And here is another one this looks to be already working: https://cryptonote.org/inside.php

Vote for BitMonero on Comkort exchange: https://comkort.com/vote
BTC: 1F1Ryrc2gvJQsVNTS5xvCxKugMjvbFRzX4
fernando
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March 28, 2014, 07:27:53 PM
 #4

Darkcoin is working on that. The official thread here:
https://bitcointalk.org/index.php?topic=421615.0;topicseen
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March 28, 2014, 07:36:22 PM
 #5

Darkcoin is working on that. The official thread here:
https://bitcointalk.org/index.php?topic=421615.0;topicseen
DRK like a BTC trx + mixing coins feature?
seem interesting

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Coinmin
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March 29, 2014, 06:29:45 AM
 #6

There is not any anonymous coins around now.

What do you say about DarkCoin and TIPS(mixing service)?
TanteStefana
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March 29, 2014, 06:56:20 AM
 #7

Darkcoin uses a hybrid conjoin and other systems to obfuscate transactions within the wallet in a decentralized solution.  They/we call it DarkSend and it's in main net Beta which is downloadable and usable right now.  It will go open source when Evan the developer feels it's finished.  he wants to make sure as much as possible that it is stable and has no bugs.  He's still expanding it.  Right now there is a limit of 10 coin transactions, probably because he just has to write in the code for higher amounts.

Anyway, there's a white paper on the first page here you can read : https://bitcointalk.org/index.php?topic=421615.0

Except for coins in the planning stages, I only know of third party trusted and centralized mixing services and any coin can use Tor.  We would love to have you come by and take a look at our coin if you're interested.  We're a nice friendly bunch of low key people.  I think you'll like it there  Cheesy

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startcoin568
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March 29, 2014, 07:29:21 AM
Last edit: April 07, 2014, 02:34:37 PM by startcoin568
 #8

The name is confusing, since there are 2 more Bytecoins.

But that one seems to be so serious, that may make a competition with Bitcoin, and even may win it.
There is still no official announce, DStrange found that coin
Swordsoffreedom
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March 29, 2014, 07:50:30 AM
 #9

Probably will be the Zero Coin whenever it makes an appearance

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shtako
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March 29, 2014, 08:10:51 AM
 #10

There is not any anonymous coins around now.

What do you say about DarkCoin and TIPS(mixing service)?

Darkcoin is very good at marketing, but don't deliver what it promise. The biggest hope for anonymity right now is zerocash (paper to be released in mai) and anoncoin who are implementing the original zerocoin extension that were created for bitcoin. Read the quote below from another thread explaining the problem with darkcoin.


Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

Once the community is better educated I expect darkcoin price to plummet. Darkcoin is also extremly instamined and have a very unfair distribution compared to a lot of coins. The blocks started out at 500 and is now down to 20 (actually as low as 17) after just over 2 months. Most coins dont halv block rewards for years. Anoncoin 2 years, Litecoin 4 years etc to ensure a fair distribution. If darkcoin had been as fair as those coins with constant block reward there would only have been 837,840 coins, but there is mined 3,848,614 DRK. That mean that 3 million coins is instamined for the devs/early adopters. With 22 mill total coins that is a 13,7% instamine. I now that it is coded that way and supposed to be like that, but that don't make it fair.  Smiley
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March 29, 2014, 08:21:39 AM
 #11

There is not any anonymous coins around now.

What do you say about DarkCoin and TIPS(mixing service)?

Darkcoin is very good at marketing, but don't deliver what it promise. The biggest hope for anonymity right now is zerocash (paper to be released in mai) and anoncoin who are implementing the original zerocoin extension that were created for bitcoin. Read the quote below from another thread explaining the problem with darkcoin.


Or perhaps Darkcoin once it's made open source? (don't think it is yet...)

Darkcoin use CoinJoin method, much like Shared Coin service of Blockchain.info. We can still practice CoinJoin within Bitcoin system, therefore Darkcoin offer nothing new. CoinJoin doesn't hide your transactions completely, it just make harder to trace your money flow. With proper data mining and data analysis, your transactions might still be traced. And federal agencies have more than enough human & technology resource to do that. Zerocoin is another story, i'm excited to see what Zerocash will bring to crypto world.

Once the community is better educated I expect darkcoin price to plummet. Darkcoin is also extremly instamined and have a very unfair distribution compared to a lot of coins. The blocks started out at 500 and is now down to 20 (actually as low as 17) after just over 2 months. Most coins dont halv block rewards for years. Anoncoin 2 years, Litecoin 4 years etc to ensure a fair distribution. If darkcoin had been as fair as those coins with constant block reward there would only have been 837,840 coins, but there is mined 3,848,614 DRK. That mean that 3 million coins is instamined for the devs/early adopters. With 22 mill total coins that is a 13,7% instamine. I now that it is coded that way and supposed to be like that, but that don't make it fair.  Smiley


I feel good when someone know what is the real truth.
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March 29, 2014, 09:14:43 AM
 #12

Probably will be the Zero Coin whenever it makes an appearance
Zerocoin was the past, it was an extension for Bitcoin. Its devolopers are now working on newer version called Zerocash, defenitely it will offer best anonymity.
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March 29, 2014, 09:56:24 AM
 #13

Agree, prevent crime and rhetorical discourse.
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March 29, 2014, 11:51:57 AM
 #14

Probably will be the Zero Coin whenever it makes an appearance
Zerocoin was the past, it was an extension for Bitcoin. Its devolopers are now working on newer version called Zerocash, defenitely it will offer best anonymity.
thanks for the info

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omgbossis21 (OP)
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March 29, 2014, 11:58:24 AM
 #15

I will be looking into zerocash ad hoping I havet missed the train if it started.  Thanks a lot guys!   I feel this will be the way may go who "forget" to register with the irs.....
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March 29, 2014, 12:06:06 PM
 #16

Development is currently happening for Nxtcash mixing. Nxt will have it all, including anonymity.

Nxt:  NXT-5BHG-9VRE-QGW6-DRZVQ
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March 29, 2014, 02:46:08 PM
 #17

I believe most all coins are semi anonymous

No fully anonymous coins are a good thing, believe it or not there are some sick people out there and this would make there life easier
omgbossis21 (OP)
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March 30, 2014, 02:46:59 AM
 #18

Thanks for the conversation guys!   I'll be watching for the irs to begin tracking people for big transactions soon and check out zerocash. Cool
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March 30, 2014, 02:58:18 AM
 #19

Anoncoin will start testing in the next couple weeks for its implementation of zerocoin.
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March 30, 2014, 03:06:09 AM
 #20

Anoncoin will start testing in the next couple weeks for its implementation of zerocoin.

good news.

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