All major bugs have been resolved and I'm going to move on to RC5 and other unique features of Darkcoin that we've had in the works for awhile (I'm going to wait till all of the weak hands have left the building then I have some really cool stuff to announce).
-Evan
Can I ask what people think about white labeling Darkcoin for anyone to use?
Having been involved in sectors that deploy white labeling of financial and consumer goods, lots of different organisations love them.
How does this sort of thing work? Well, I'm glad you asked.
Take Wal-Mart. Lets say they want to get into financial services and start out with a credit card. The cheapest way for them to do that is to find a card processor and agree with them that the card processor will do all the back end work and Wal-Mart does all the card branding and marketing.
What would it mean for DRK? Well, I'm glad you asked.
Merchants of all kinds can have their own branded digital coin system, eCash, with DRK doing all the processing work and creating various bitcoin related APIs.
An example?
Lets say you have a winery.
Why not introduce a reward scheme with eCash? Every credit card transaction gets an eCashback of 0.5% through your own branded version of Darkcoin - your own branded wallet essentially (we all know a few people on Darkcointalk that could do that). Customers can accumulate eCashback (DRK) and spend that back with you, or they can top-up their balance with fiat and buy stuff from you in your own branded version of DRK.
Now expand that to other partners in your area or sector and you have a private wine orientated currency. Customers can earn and spend in restaurants as part of your network or they can start to order things from you and your network online. Need a birthday present in a hurry? Send some private label DRK and allow the recipient to buy a case of the good stuff. Before you know it, you have a growing ecosystem built around your own eCash.
Now lets take that and apply it to any other sector. They can all have their own branded currencies, but they are essentially able to trade across any other sector because the back end is a common currency - DRK.