darkcoin exploit found in 2 hours by amateur (why open source matters for anon)

[Cloakko]

DRK has opened source its code !!!

[illodin]

Read this clueless troll: I have come to the conclusion that "on chain anon" defeats the purpose.
And especially read what user TheFascistMind (= AnonyMint) has to say about it.

Anyone who thinks that off chain anon is better than on chain anon doesn't understand cryptography.

I'll leave it at that because if I post a detailed explanation, I'll only be vehemently rebutted by people who don't know what they are talking about.

Instead, I'll invest in ring signature coins and my holdings will validate my understanding over time. I feel no need to convince a bunch of dufuses.

tx42 vs AnonyMint, would like to see that.

[tx42]

tx42 vs AnonyMint, would like to see that.

I'll have him calling me names out of frustration in 4 exchanges.

[Wulfcastle]

lol they are all sucking the hackers dick on the thread lol, with Monero there is not even an exploit and we say fuck you to the "attacker"

Please, go spread your Shitcoin somewhere else.

WTF is your problem this isnot DRK thread, go suck the hackers dick there and let we post here.

In case you didn't notice, this is a DRK thread, not that I care. Nobody gives two shits about Monero now that your community of shills has spammed the altcoin boards into oblivion.

[illodin]

So you're methodology is to attack me personally rather than address the serious issues that have come to light regarding darkcoin being hacked.

If you post in a way that's designed to piss off people, and if they actually respond, don't start crying. You're just trying to create drama where none exist.

Serious issue? Someone managed to game the block reward payments so his masternode got paid more often than it should have. Bug was fixed in 10 minutes. Boohoo.

clusterfuck of spaghetti code

And how would you know? I bet you haven't even looked at the code, and probably wouldn't even know where to find it. Your credibility is zero.

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. Do you know what centralized means?

[tx42]

In case you didn't notice, this is a DRK thread, not that I care. Nobody gives two shits about Monero now that your community of shills has spammed the altcoin boards into oblivion.

The forum is alternate cryptocurrencies. The dark thread is elsewhere.

[rangedriver]

lol they are all sucking the hackers dick on the thread lol, with Monero there is not even an exploit and we say fuck you to the "attacker"

How did that bogus block injection hack work out a month ago? Don't lie about things. Transaction fee is still 0.1xmr.

lul my point is that no one bow down to the hacker hahaha If they could destroy Monero they would already have. We like the fee being 0.1xmr thank you so much.

lies...more lies...

the bad part is i like monero (and bbr) in SPITE of the idiot nekomata shill and IN SPITE of shill in chief rptellia.

Yeh well... A coin is a coin no matter which people support it. The technology of the coin is all that matters. Wisdom is found in he that picks the coin in deference to the madness of the people that surround it. Darkcoin just doesn't have the technical credibility for the kind of market it's touting itself too, unfortunately. This is not new news, it's just that some people are incredibly incredibly thick.

[Zombier0]

Nice he didnt use it against drk

[Cloakko]

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. Do you know what centralized means?

Master nodes are not scalable. In a real P2P network (not centralized), you can add peers without limit. The more peers, the better.

A master node needs 1000 DRK to be eligible and as DRK are limited, the number of master nodes is limite as well.

And as master nodes implements major functionality for DRK coin, the whole DRK architecture limits the scalability of the coin.

THAT'S WHY DRK WILL NEVER BREAK THROUGH. NO ONE WILL EVER BE CONVINCED BY SUCH A FLAWED DESIGN / ARCHITECTURE.


It's dead, man. Dead from the beginning...

[robinwilliams]

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. Do you know what centralized means?

Master nodes are not scalable. In a real P2P network (not centralized), you can add peers without limit. The more peers, the better.

A master node needs 1000 DRK to be eligible and as DRK are limited, the number of master nodes is limite as well.

And as master nodes implements major functionality for DRK coin, the whole DRK architecture limits the scalability of the coin. It's a flaw in the architecture / design.

That's WHY DRK WILL NEVER BREAK THROUGH. NO ONE WILL EVER FIND HIS DESIGN SMART OR ELEGANT with sush a flaw.


It's dead, man. Dead from the beginning...

there are only 7000 bitcoin nodes.  so dark is probably more decentralized than many / most alts.

at least they are open sourced.  XC started by naming their coin after the algorithm darkcoin invented, (x11coin) - then did an instamine (100 days) - then still hasn't opensourced.  In fact I think the same guy who MISSED the problem in dark found problems in XC and the dev went back to work.

if darkcoin is dead - then xc is simply joke that isn't all that funny.

[illodin]

Yeh well... A coin is a coin no matter which people support it. The technology of the coin is all that matters.

Actually, that's not entirely true.

Darkcoin just doesn't have the technical credibility for the kind of market it's touting itself too, unfortunately. This is not new news, it's just that some people are incredibly incredibly thick.

Actually, Darkcoin has the technical credibility. What is not news though, is that clueless bagholders of other coins will try to talk it down - but I guess that comes with the territory of being the first mover and market leader.

[Cloakko]

Actually, Darkcoin has the technical credibility. What is not news though, is that clueless bagholders of other coins will try to talk it down - but I guess that comes with the territory of being the first mover and market leader.

Hu... technical credibility ? Are you smoking, man ?

DRK is not credible at all from the beginning:

- INSTAMINED BY DEV

- pump and dumped like never seen on any crypto coin

- shitty master node architecture

- Constant price decline after the pump and dump

DRK is a (very bad) joke and give a very bad image of the crypto scene.

And now that the code is open sourced, there will be episode like this one more and more often. Prepare for the big slide ;-)

[illodin]

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. Do you know what centralized means?

Master nodes are not scalable. In a real P2P network (not centralized), you can add peers without limit. The more peers, the better.

A master node needs 1000 DRK to be eligible and as DRK are limited, the number of master nodes is limite as well.

And as master nodes implements major functionality for DRK coin, the whole DRK architecture limits the scalability of the coin.

THAT'S WHY DRK WILL NEVER BREAK THROUGH. NO ONE WILL EVER BE CONVINCED BY SUCH A FLAWED DESIGN / ARCHITECTURE.


It's dead, man. Dead from the beginning...

You have no idea of the variables in play. You don't have a faintest idea how many transactions 1000 nodes can handle. Or 2000. Or 4000. You're just blowing hot air. Your credibility is zero.

[Cloakko]

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. Do you know what centralized means?

Master nodes are not scalable. In a real P2P network (not centralized), you can add peers without limit. The more peers, the better.

A master node needs 1000 DRK to be eligible and as DRK are limited, the number of master nodes is limite as well.

And as master nodes implements major functionality for DRK coin, the whole DRK architecture limits the scalability of the coin.

THAT'S WHY DRK WILL NEVER BREAK THROUGH. NO ONE WILL EVER BE CONVINCED BY SUCH A FLAWED DESIGN / ARCHITECTURE.


It's dead, man. Dead from the beginning...

You have no idea of the variables in play. You don't have a faintest idea how many transactions 1000 nodes can handle. Or 2000. Or 4000. You're just blowing hot air. Your credibility is zero.

It's not like this you'll convince people that DRK is well designed.

As soon as you have the concept of master nodes, you are not in a P2P network anymore.

You have a bunch of centralized servers with some nodes connected to it.

Saying that DRK is peer to peer and not centralized is just like saying Google is P2P.

#DRK Fail

[robinwilliams]

Hu... technical credibility ? Are you smoking, man ?

DRK is not credible at all from the beginning:

XC named their coin after algorithm invented by DRK

- INSTAMINED BY DEV

XC was ALL MINED in 100 days (at least dark is minable still)

- pump and dumped like never seen on any crypto coin

XC has their dev "review" other shitcoins to pump them.  it's openly discussed in the XC thread so the XC buyers can "get in the action of the coin the dev is about to pump"

- shitty master node architecture

who the hell knows what XC does?  it hasn't been opensourced since the rev 1.  for all anyone knows it could be exactly the same as rev 1.  which did have vulnerabilities from the prof review (not even opensourced - as seen with dark a "review" is worthless).

DRK is a (very bad) joke and give a very bad image of the crypto scene.

No.  dark is a failure.  Possibly a little scammy. 

XC is a joke.

[shojayxt]

So you're methodology is to attack me personally rather than address the serious issues that have come to light regarding darkcoin being hacked.

If you post in a way that's designed to piss off people I don't care, and if they actually respond, don't start crying. I'm not crying I'm laughing You're just trying to create drama where none exist.

Serious issue? Someone managed to game the block reward payments so his masternode got paid more often than it should have. Bug was fixed in 10 minutes. Boohoo.

clusterfuck of spaghetti code

And how would you know? I bet you haven't even looked at the code, and probably wouldn't even know where to find it. Your credibility is zero. My credibility should be more than a darkcoin shill so you'rs is less than zero

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. 3000-4000 controlled by a few people Do you know what centralized means?

You should probably just start a new "Shojayxt is a Troll" thread instead of stalking me and spamming every thread I post in with your personal attacks.  But that would require you to do something for yourself and since your just a follower that isn't likely to happen.  

[illodin]

Actually, Darkcoin has the technical credibility. What is not news though, is that clueless bagholders of other coins will try to talk it down - but I guess that comes with the territory of being the first mover and market leader.

Hu... technical credibility ? Are you smoking, man ?

DRK is not credible at all from the beginning:

- INSTAMINED BY DEV

I'm sorry you missed the lunch. I really am. Pay attention next time. I'm not the dev, but I managed to mine just fine.

- pump and dumped like never seen on any crypto coin

You haven't seen much then I suppose.

- shitty master node architecture

Says who? You? LOL
Masternode architecture is awesome, it enables decentralized trustless offchain mixing, and a whole plethora of other features, like instant transaction confirmations.

- Constant price decline after the pump and dump

And this has to do with technical credibility, exactly what? Usually after a bubble forms, it has to come down to reasonable levels.

DRK is a (very bad) joke and give a very bad image of the crypto scene.

Again, says who? You? LOL
Try harder, troll.

And now that the code is open sourced, there will be episode like this one more and more often. Prepare for the big slide ;-)

Episode "like this one" is nothing, someone manages to get higher percentage of rewards for a while, so what? Bugs are found, bugs are getting fixed. I am sure more bugs will be found, no doubt. All crypto is still basically beta software (and a lot of it is alpha, and a lot of it is vaporware). Only ones getting a hard-on out of this are trolls who think they missed the train and are just jelly people aren't buying into their shitcoin.

[shojayxt]

Yeh well... A coin is a coin no matter which people support it. The technology of the coin is all that matters.

Actually, that's not entirely true.

Darkcoin just doesn't have the technical credibility for the kind of market it's touting itself too, unfortunately. This is not new news, it's just that some people are incredibly incredibly thick.

Actually, Darkcoin has the technical credibility. What is not news though, is that clueless bagholders of other coins will try to talk it down - but I guess that comes with the territory of being the first mover and market leader.

Ha ha.

How many darkcoin bagholders are there?  

Weren't you one of the guys claiming to be buying more cheap drk all the way down from $12?  

Are you buying more drk now whil;e the price is just over $2?

Do you still think that you'll replace bitcoin?

What does the moon look like up close?

  

[muddafudda]

centralized masternode network

Yes, ~1000 masternodes is very centralized. I believe the target is 3000-4000 nodes eventually. Do you know what centralized means?

Master nodes are not scalable. In a real P2P network (not centralized), you can add peers without limit. The more peers, the better.

A master node needs 1000 DRK to be eligible and as DRK are limited, the number of master nodes is limite as well.

And as master nodes implements major functionality for DRK coin, the whole DRK architecture limits the scalability of the coin.

THAT'S WHY DRK WILL NEVER BREAK THROUGH. NO ONE WILL EVER BE CONVINCED BY SUCH A FLAWED DESIGN / ARCHITECTURE.


It's dead, man. Dead from the beginning...

Could not agree more. This is the first post that explains how I feel about the whole darkcoin premise.

The system itself could drop the whole master node base and just add an extra layer e.g. Proof of funds which really is nothing more than proof of stake in essence.

So why adding the whole masternodes was to add anonymity and reward investors, the same could have been achieved in a far more streamlined result.

[rangedriver]

What does the moon look like up close?