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Darkcoin is closed source[0] and the creators[1] of Darkcoin show no history of working with cryptography, peer-to-peer, or any form of anonymity/security in ge

Darkcoin is closed source[0] and the creators[1] of Darkcoin show no history of working with cryptography, peer-to-peer, or any form of anonymity/security in general. One of the two founders does however have an interest in "financial markets and economics" and nearly all tweets on the official Darkcoin Twitter account[2] are about the market price. This reeks of scamcoin. [0] http://wiki.darkcoin.eu/wiki/FAQ#Is_DarkSend_open_source.3F http://wiki.darkcoin.eu/wiki/FAQ#Is_DarkSend_open_source.3F [1] https://www.darkcoin.io/meetteam.html https://www.darkcoin.io/meetteam.html [2] https://twitter.com/DarkcoinCrypto https://twitter.com/DarkcoinCrypto

HenryMc 12y ago
Darkcoin is not closed source, but the mechanism for anonymous transactions (Darksend) is. Once it is completed it will be open sourced.
- olefoo 12y ago
  In other words; there are plenty of good intentions to make it available as open source; but the hard and painful peer review process for which open source is a prerequisite has not yet actually happened. Road to hell and all of that. Lesson here: don't rely on this for your gun-running, money-laundering or tax-evading needs. It's probably run by the NSA anyway...
nmjohn 12y ago
I've been following darkcoin since the day after it was released, have talked to Evan (creator), and I really do not agree. [0] is only temporarily true as pointed out already. [1] doesn't support what you said, the about us NOT saying they have experience with X, Y and Z does not mean the same thing as it saying they do not have experience with X, Y, and Z. [2] I've always disliked that, however price changes are what get people excited, I would potentially say even more so than innovative features. So I really don't think scamcoin is the right term, however I personally would not be investing at the current price. I sold all my darkcoins a while ago for a very nice profit and cannot see the price rising a whole lot higher (in the short to mid term) than it currently is, unless a large DNM starts accepting it or similar. Then again I also said I can't see the price rising a whole lot higher when it was at .01 DRK/BTC, so what do I know?
buryat 12y ago
Plus it was instamined: 43% of all the coins issued so far were mined in the first 24hrs. Block #4242 [1] is about 24hrs after Block #1 [2], outstanding 1,864,104; the latest block right now is #75345, outstanding 4,330,405. 1864104/4330405 = .430468744 [1] http://chainz.cryptoid.info/drk/block.dws?4242.htm http://chainz.cryptoid.info/drk/block.dws?4242.htm [2] http://chainz.cryptoid.info/drk/block.dws?1.htm http://chainz.cryptoid.info/drk/block.dws?1.htm [3] http://chainz.cryptoid.info/drk/block.dws?75345 http://chainz.cryptoid.info/drk/block.dws?75345
- hackerboos 12y ago
  Pump and dump.

HenryMc 12y ago

Darkcoin is not closed source, but the mechanism for anonymous transactions (Darksend) is. Once it is completed it will be open sourced.

olefoo 12y ago
In other words; there are plenty of good intentions to make it available as open source; but the hard and painful peer review process for which open source is a prerequisite has not yet actually happened. Road to hell and all of that. Lesson here: don't rely on this for your gun-running, money-laundering or tax-evading needs. It's probably run by the NSA anyway...

nmjohn 12y ago

I've been following darkcoin since the day after it was released, have talked to Evan (creator), and I really do not agree. [0] is only temporarily true as pointed out already. [1] doesn't support what you said, the about us NOT saying they have experience with X, Y and Z does not mean the same thing as it saying they do not have experience with X, Y, and Z. [2] I've always disliked that, however price changes are what get people excited, I would potentially say even more so than innovative features. So I really don't think scamcoin is the right term, however I personally would not be investing at the current price. I sold all my darkcoins a while ago for a very nice profit and cannot see the price rising a whole lot higher (in the short to mid term) than it currently is, unless a large DNM starts accepting it or similar. Then again I also said I can't see the price rising a whole lot higher when it was at .01 DRK/BTC, so what do I know?

buryat 12y ago

Plus it was instamined: 43% of all the coins issued so far were mined in the first 24hrs. Block #4242 [1] is about 24hrs after Block #1 [2], outstanding 1,864,104; the latest block right now is #75345, outstanding 4,330,405. 1864104/4330405 = .430468744 [1] http://chainz.cryptoid.info/drk/block.dws?4242.htm http://chainz.cryptoid.info/drk/block.dws?4242.htm [2] http://chainz.cryptoid.info/drk/block.dws?1.htm http://chainz.cryptoid.info/drk/block.dws?1.htm [3] http://chainz.cryptoid.info/drk/block.dws?75345 http://chainz.cryptoid.info/drk/block.dws?75345

hackerboos 12y ago
Pump and dump.