Evan said that once we get this all polished, he will release this weekend. Thread for comments is here:
https://darkcointalk.org/threads/possible-darkcoin-press-release-rc5-open-source-instant-transactions-kristov-code-review.2399/FOR IMMEDIATE RELEASE:
Darkcoin Passes Security Review, Prepares to Open Source[/u]
Investors have responded favorably to the ongoing progress being made in the Darkcoin crypto-currency, causing a rally of 86% over the last week. Security researcher Kristov Atlas has concluded the first part of his audit of Darkcoin. He concluded that Darkcoin's claims of functional anonymity are well-founded. He did suggest several minor attack vectors which could be exploited, as well as one fairly major one (the so-called "Sybil Attack").
The lead developer of Darkcoin, Evan Duffield, was already working on an updated version of Darkcoin called Release Candidate 5 (RC5), which will be released September 22. Evan immediately responded to Mr. Atlas' findings by introducing new code to block Sybil attacks. RC5 also offers greater financial anonymity and provides numerous user interface enhancements and bug fixes
The developers of Darkcoin are confident that the currency is finally ready to meet the scrutiny of coders world-wide. Evan has announced that on September 29, the source code of Darkcoin will be opened and published. Darkcoin will become the first open-source, decentralized, anonymous cryptocurrency in the industry.
Future plans include the adoption of a new Instant Transactions technology which Evan has described IN THIS WHITEPAPER. This technology will allow Darkcoin to compete with other nearly instantaneous transaction systems such as credit cards. If successful, such an idea could revolutionize cryptocurrency by providing a decentralized payment system usable in retail stores and other face-to-face situations. The delay between sending and confirming transactions would be reduced from an hour (with currencies such as bitcoin) to as little as twenty seconds.
The Darkcoin client and more information can be obtained at their website:
http://www.darkcoin.io.
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