9.1.2 WTF 

Now is time to europe pump. Here is 07:40 am

Guys, I have a slight concern after reading that Evan is going to implement ring signatures down the line.

If Evan implements Ring Signatures after DarkSend is complete, doesn't this render all the work done to create DarkSend and the Masternode system a waste of energy, time, and resources? Ring Signatures inherently don't require any masternodes to operate while arguably providing more anonymity via untranceable payments and unlinkable transacations, etc. etc (you all know this probably). So why implement this? Just for the sake of being able to? Obviously ring signatures are desirable since Evan stated he will code them in, so why not just do this to begin with instead of Darksend?

If ring signatures will be an alternative choice for Darkcoin users, this directly competes against Masternode owners.
If ring signatures will be the mandatory method of transactions for Darkcoin users, this is a redundancy that will simply be a waste of time and render DarkSend obsolete.

I think Darkcoin is much better served to stick with Darksend since Evan already chose to do this first.

Unless of course I'm wrong about something? I'm certainly aware I could be overlooking something. Not posting for FUD, just posting for clarity and sensible decision making in the future.

He mentioned recently (today) that he found a way to provide further anonymity from such as that provided from ring signatures but in a way that would function with the existing system. I believe he said he would be testing tomorrow.

Looks like ring signatures won't be needed after all.

I tried "aaaaaaaaaaaaaaaa" and it says "It would take a desktop PC about 345 thousand years to crack your password". I guess I'm safe.

Darksend is older technology. I'm not sure the idea of ring signatures was even around when Darksend was thought up. Also, one of the reasons Darkcoin is growing so rapidly is because people want to be Masternodes, further funding Darkcoin in the process. Had people realized this earlier, I doubt Darkcoin would have the success it's having now. To back Darkcoin up, there is a concern that ring signatures might be exploitable in the future.



Which is why there is a growing popularity for Monero and Quazar coin. If anonymity is the objective, there are three services available now.

Thanks for replying.

Ring signatures were around a long time before Darkcoin was created.
And yes, I understand Darksend creates desire to be Masternode owners, and with it being so expensive right now I really don't think it's a good idea to introduce competing technology that already undermines the need for a Masternode system in other anonymous coin ecosystems.

Stick with Darksend, improve it if you can (apparently a new RC3 release says no potential ring signature integration).

There are a lot of uses (and many no one has even thought of yet) for masternodes in addition to increasing anonymity. Masternode concept will be very valuable for darkcoin network.

It's fantastic to see that people appreciate privacy in cryptography.

It's an absolute must for me at least, and steady progress proves that Evan/DRK is leading the field now.

Let's hope that both team and community gets bigger and bigger.