Bitcoin was 20-30 years in the thinking, and 5 years in the making.

We've been here for a fraction of that overall time, and just in time for eCash to become tantalisingly close. You can almost smell and taste the financial liberation.

Just wanted to note, that by using any VPN you're deliberately putting yourself in a man-in-the-middle attack type of situation and the usage of non-HTTPS sites and non-SSL/TLS services should be highly discouraged! Also you're deliberately rendering any kind of firewalling that your local network provides ineffective and are potentially opening up your entire LAN to the world!

I know I may be infamous/hated utterly on this thread, lol. But I have to say, I am extremely impressed by Evan's coding skills and the work he has done so far on Darkcoin, coding/development wise.

BTW, because of Kristov Atlas's comment on one of his last youtubes, I started reading Atlas Shrugs (did Kristov change his name due to this?)  Anyway, it's kept me up last week, way too many nights LOL.  I've read Ayn Rand, but never this book.  I don't agree with her 100%, but this book is fun, and makes a point.  A bit of a blunt point, but that's ok

So, um, book recommendation.  Atlas Shrugged.  Oh, combine that with that video someone posted (Post again?) of where money comes from.  It's enough to really shove a person to the libertarian side, LOL.  You guys are so stimulating!

Need Darkcoin more and more


Timeline
0:00:00,000 –> 0:00:10,400: Demonstrating IP on listening server, Turning on listening server
0:00:19,000 –> 0:00:25,400: Tails user visiting website icanhazip.com which shows the anonymized IP address
0:00:36,000 –> 0:00:49,400: Showing that we’re indeed using the latest Tails build 1.1
0:00:50,000 –> 0:01:03,400: I2P address being resolved, proof of concept malicious payload being delivered
0:01:30,000 –> 0:01:40,400: Listening server retrieves the Tails user’s de-anonymized IP address (Austin RoadRunner ISP)

http://blog.exodusintel.com/2014/07/23/silverbullets_and_fairytails/

I think there is sufficient room for interpretation around this aspect to make the regulations unhelpful.

The section that is relevant is

section 200.2

(n) Virtual Currency Business Activity means the conduct of any one of the following types of activities
involving New York or a New York Resident:

(1) receiving Virtual Currency for transmission or transmitting the same;
(2) securing, storing, holding, or maintaining custody or control of Virtual Currency on behalf of others;
(3) buying and selling Virtual Currency as a customer business;
(4) performing retail conversion services, including the conversion or exchange of Fiat Currency or
other value into Virtual Currency, the conversion or exchange of Virtual Currency into Fiat Currency or other
value, or the conversion or exchange of one form of Virtual Currency into another form of Virtual Currency; or
(5) controlling, administering, or issuing a Virtual Currency.

If the creators or the administrators carry out their 'conduct' in New York or involve a NY resident, then it is clear cut that issuing or administrating code, e.g. uploading crypto code to github for distribution, would require registration as a business.

The difficulties are:

1. What is the business that a coin issuer or administrator conducts, especially if they do their work for free?
2. Do individual volunteers have to register as individual businesses?
3. What if you issue a coin in Japan, yet someone living in NY contributes a few lines of code?

What is very unclear is whether someone living in Arizona would be considered as requiring registration in NY as a business if someone in NY acting as a consumer simply uses a currency. I doubt it.  Terms of reference in this section talk of 'conduct' i.e. carrying out activity relative to 'controlling, administering or issuing.'

Regulatory licences for any type of existing activities typically target a control test. They try to make businesses disclose sufficient information to identify those who ultimately might indirectly control a business, e.g significant shareholders (who may not be employees or officers; they may be acting through other businesses or from overseas).

Those that release a coin or contribute code to it might be consider as having some control. That remains true until a coin becomes sufficiently decentralised that new code releases could be forked and rejected by a sufficient number of clients.

How does this impact on DRK? It doesn't. It might if these regulations were adopted by Arizona or by the Federal government.

Is Satoshi under threat? Not likely. He doesn't control Bitcoin. However, if the regulations extended their definition of control to include those with a significant holding of a virtual currency, that could be challenged in the courts, but it is sufficiently grey that it could go either way.

Do significant holders of the global gold or diamond reserves have to disclose who they are? If someone accumulated significant cash and stored it under their house, would they need to disclose themselves?

With Darkcoin going anon, how can anyone prove how much eCash a DRK holder has? They can't. Whereas with Bitcoin they can. That is a good enough reason to go DRK as a hedge as anyone with any significant amounts of Bitcoin or Litecoin really needs.

Like I said before:

* You sold your eCash, when you should have hodl your eCash. ha ha.

* To da moon.

Nope. There are VPNs that do not hold any logs and such, after all the forum is sponsored by a good VPN is it not?
You're paranoid, my knowledge is okay (P.S. Your ISP sees this  ) . Relax, we are going off topic, enough of this.

BTW, because of Kristov Atlas's comment on one of his last youtubes, I started reading Atlas Shrugs (did Kristov change his name due to this?)  Anyway, it's kept me up last week, way too many nights LOL.  I've read Ayn Rand, but never this book.  I don't agree with her 100%, but this book is fun, and makes a point.  A bit of a blunt point, but that's ok

So, um, book recommendation.  Atlas Shrugged.  Oh, combine that with that video someone posted (Post again?) of where money comes from.  It's enough to really shove a person to the libertarian side, LOL.  You guys are so stimulating!

And this is just another reason why this coin will succeed:

• Darksend+ technology which has over 6 months of development and been written from the ground up to evolve previous solutions, this is how you get better, you try, and try again until you succeed. Success very rarely happens on the first go
• Professional solution explanations with diagrams to clearly how the proposed solutions will work
• Full transparency to the testing environment where everyone is involved, nothing is hidden
• Open communication about what bugs they are tackling, this shows confidence in the solution
• World class team, leading innovation which all coins just look toward and copy in some way shape or form
• Taken seriously enough to have Kristov Atlas onboard to help review and improve the technology
• Over 830 masternodes which their potential has not even begun to be realized.
• IP obfuscation and open source after Kristov review is the last piece of the puzzle.

Now compare this to some of our competitors who:

• Can only make videos as justification to prove it works.
• Have not had any REAL discussions on how the technology actually applies to design & attack weaknesses. When questioned, replies like "we have thought and tested through these scenarios"....so suddenly you are world leading security experts and can test against all known attack vectors.
• Release whitepapers with a box with a single word in it which supposed to encompass the entire solution, my 3 year old can do this
• Have to tell their users to "refrain" from using the solution when they release it, then why release it?
• When questioned about their solution, delete the posts in their thread and in the media deliver one line statements like "the data is encoded to hide the sender"...but how..?
• Cannot even get anonymity working so lets start coding an entire openmarket to give more hype....If you dont think anonymity is a serious and complex enough solution, you obviously have no idea.
• Have no background to the development team as they are 100% anonymous. What if they are just great video editors and graphic designers.
• Both of the main competitors use Proof of Stake and have given only 1 week of PoW....this is taking centralization to a new level.

I could go on...but if you cannot understand what a joke the competitors are, you should sell your house and invest in WankCoin, im hearing its due for a pump.