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    Author Topic: [DASH/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ)  (Read 33677 times)

    • Pline
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    March 24, 2015, 12:22:07 AM
     #341
    Quote from: gnargnar on March 24, 2015, 12:08:04 AM
    Quote from: 00Smurf on March 23, 2015, 11:43:49 PM
    Quote from: Pline on March 23, 2015, 11:38:28 PM
    Navajo is a centralized system from my understanding.  The nodes are centralized and maintained by the Navajo Coin Foundation.  Although they are looking for a method to decentralize it without compromising the anonymity of the network.  From their white paper, section 2.2.8: 

    Quote
    Node Maintenance:
    The nodes will be decentralized, but to begin
    with they will be maintained by the Navajo
    Coin Foundation. We are working to find a
    secure way that we could distribute the code
    for users to setup their own nodes, while still
    being able to guarantee the integrity of the
    Anonymous Network.

    http://navajocoin.org/files/navajo_whitepaper_march2015.pdf


    So logically this follows navajo becoming a 2 tier mixing system with masternodes at some point in the future. Once again this is provided by DASH/DRK

    True 00Smurf, difference is that Navajo is at a fraction of DRK value right now and it's PoS, and don't have that shadow "instamine" over its head like dark/dish have 

    No worries, whales and ballers will find their way into Navajo soon enough  Wink

    There was no Shadow instamine at all.  It was mined POW for about 3 weeks from my understanding.  Most miners dumped for cheap it seems since you can pick up about 1% of the total Shadow supply for like 12-15 btc at current prices.

    Navajo has some similarities to DRK actually.  This is because Navajo started as summercoin, then later changed to try and be an anonymous coin.  This is similar to how DRK started off as X-coin or something.  How many people scooped up the supply when it was the unknown summercoin?  This is probably why the market cap is somewhat inflated for NAV.

  • 00Smurf
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    March 24, 2015, 12:24:06 AM
     #342
    Quote from: Pline on March 24, 2015, 12:22:07 AM
    Quote from: gnargnar on March 24, 2015, 12:08:04 AM
    Quote from: 00Smurf on March 23, 2015, 11:43:49 PM
    Quote from: Pline on March 23, 2015, 11:38:28 PM
    Navajo is a centralized system from my understanding.  The nodes are centralized and maintained by the Navajo Coin Foundation.  Although they are looking for a method to decentralize it without compromising the anonymity of the network.  From their white paper, section 2.2.8: 

    Quote
    Node Maintenance:
    The nodes will be decentralized, but to begin
    with they will be maintained by the Navajo
    Coin Foundation. We are working to find a
    secure way that we could distribute the code
    for users to setup their own nodes, while still
    being able to guarantee the integrity of the
    Anonymous Network.

    http://navajocoin.org/files/navajo_whitepaper_march2015.pdf


    So logically this follows navajo becoming a 2 tier mixing system with masternodes at some point in the future. Once again this is provided by DASH/DRK

    True 00Smurf, difference is that Navajo is at a fraction of DRK value right now and it's PoS, and don't have that shadow "instamine" over its head like dark/dish have 

    No worries, whales and ballers will find their way into Navajo soon enough  Wink

    There was no Shadow instamine at all.  It was mined POW for about 3 weeks from my understanding.  Most miners dumped for cheap it seems since you can pick up about 1% of the total Shadow supply for like 12-15 btc at current prices.

    Navajo has some similarities to DRK actually.  This is because Navajo started as summercoin, then later changed to try and be an anonymous coin.  This is similar to how DRK started off as X-coin or something.  How many people scooped up the supply when it was the unknown summercoin?  This is probably why the market cap is somewhat inflated for NAV.

    Pline he was talking about the dark instamine.

  • Pline
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    March 24, 2015, 12:25:41 AM
     #343
    Quote from: 00Smurf on March 24, 2015, 12:24:06 AM
    Quote from: Pline on March 24, 2015, 12:22:07 AM
    Quote from: gnargnar on March 24, 2015, 12:08:04 AM
    Quote from: 00Smurf on March 23, 2015, 11:43:49 PM
    Quote from: Pline on March 23, 2015, 11:38:28 PM
    Navajo is a centralized system from my understanding.  The nodes are centralized and maintained by the Navajo Coin Foundation.  Although they are looking for a method to decentralize it without compromising the anonymity of the network.  From their white paper, section 2.2.8: 

    Quote
    Node Maintenance:
    The nodes will be decentralized, but to begin
    with they will be maintained by the Navajo
    Coin Foundation. We are working to find a
    secure way that we could distribute the code
    for users to setup their own nodes, while still
    being able to guarantee the integrity of the
    Anonymous Network.

    http://navajocoin.org/files/navajo_whitepaper_march2015.pdf


    So logically this follows navajo becoming a 2 tier mixing system with masternodes at some point in the future. Once again this is provided by DASH/DRK

    True 00Smurf, difference is that Navajo is at a fraction of DRK value right now and it's PoS, and don't have that shadow "instamine" over its head like dark/dish have 

    No worries, whales and ballers will find their way into Navajo soon enough  Wink

    There was no Shadow instamine at all.  It was mined POW for about 3 weeks from my understanding.  Most miners dumped for cheap it seems since you can pick up about 1% of the total Shadow supply for like 12-15 btc at current prices.

    Navajo has some similarities to DRK actually.  This is because Navajo started as summercoin, then later changed to try and be an anonymous coin.  This is similar to how DRK started off as X-coin or something.  How many people scooped up the supply when it was the unknown summercoin?  This is probably why the market cap is somewhat inflated for NAV.

    Pline he was talking about the dark instamine.

    Oh I see, yeah the word "shadow" threw me off Smiley

  • Joshuar
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    March 24, 2015, 12:27:17 AM
    Last edit: March 24, 2015, 12:58:35 AM by Joshuar
     #344
    2 tier is just the marketing name they use, and there are many other coins doing the same thing. Darkcoin is PoW/PoS, just like whitecoin, blackcoin, Peercoin etc etc(Which was the first hybrid PoW/PoS). Masternodes are PoS and get rewarded for just being online, and the mining does the PoW.
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  • JusTrynaMakeIt
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    March 24, 2015, 12:58:31 AM
     #345
    Nav Nav baby: soon to be the daddy of anonymity  Cool

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    March 24, 2015, 01:05:20 AM
     #346

    hashforce101
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    Re: ★[ANN] [NAV] NAVAJO COIN - ANON LIVE!!! HARDFORK ● CHAT ● Faucet! Version 2.07
    Today at 12:40:40 AM
    Reply with quote  #13089
    A world class Peer Review will send this Beast past Pluto and establish Navajocoin State of the Art Anonymous Network and it's Navajocoin Development team Lead by Soopy as the best in the world. With 0 doubts.

    NavajoCoin - The Unbreakable Code now running via 12 servers. Encryption at it's finest. Totally off the Grid

    If i want to convert $100,000 BTC and send it very securly via NavajoCoin network and I know its secure for the USA 2016 election and then converted to BTC again. I need 0 doubt
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  • Dofus (OP)
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    March 24, 2015, 01:05:47 AM
     #347
    Quote from: JusTrynaMakeIt on March 24, 2015, 12:19:30 AM
    To whom it may apply, can you add (NAV) to the forum title alongside all the other anon coins initials.

    Thanks Smiley

    You suddenly show up here with all your fake newbie account with a centralized coin I don't trust at all... Seems really fishy to me, I won't add your coin in any case.

    I don't really think DRK is a scam even if I don't really like this coin, same for XMR but NAV seems like a huge pump and dump scam to me.
    If anyone I know and I trust want to make it change, that's okay. But not because some newbie mooner/spammer account is asking me.

  • Joshuar
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    March 24, 2015, 01:07:10 AM
     #348
    Quote from: Dofus on March 24, 2015, 01:05:47 AM
    Quote from: JusTrynaMakeIt on March 24, 2015, 12:19:30 AM
    To whom it may apply, can you add (NAV) to the forum title alongside all the other anon coins initials.

    Thanks Smiley

    You suddenly show up here with all your fake newbie account with a centralized coin I don't trust at all... Seems really fishy to me, I won't add your coin in any case.

    I don't really think DRK is a scam even if I don't really like this coin, same for XMR but NAV seems like a huge pump and dump scam to me.
    If anyone I know and I trust want to make it change, that's okay. But not because some newbie mooner/spammer account is asking me.


    All I know about Navajo is that it was nothing at staked attacked (doublespent) twice. What anon system does it use?
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  • JusTrynaMakeIt
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    March 24, 2015, 01:12:25 AM
     #349
    Even you was a newbie at one point! now get that cock outta your ass and put NAV up there u mug.. if u dont want to then dont,, NAV is still going to the moon u just pissed u never got in early.. and i state once again decentralisaiton is a gradual process atleast theres no premine to this beautiful coin.. many other POS ANON coins have had a premine. Dark is legit to me so is NAV, theres just some stupid pump and dump groups making 1-2ksat pro dum idiots.. soon watch the streamlined growth  Smiley

  • juguelio
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    March 24, 2015, 01:29:02 AM
     #350
    Quote from: Joshuar on March 24, 2015, 01:07:10 AM
    Quote from: Dofus on March 24, 2015, 01:05:47 AM
    Quote from: JusTrynaMakeIt on March 24, 2015, 12:19:30 AM
    To whom it may apply, can you add (NAV) to the forum title alongside all the other anon coins initials.

    Thanks Smiley

    You suddenly show up here with all your fake newbie account with a centralized coin I don't trust at all... Seems really fishy to me, I won't add your coin in any case.

    I don't really think DRK is a scam even if I don't really like this coin, same for XMR but NAV seems like a huge pump and dump scam to me.
    If anyone I know and I trust want to make it change, that's okay. But not because some newbie mooner/spammer account is asking me.


    All I know about Navajo is that it was nothing at staked attacked (doublespent) twice. What anon system does it use?

    Hi mate, the doublespent attack happened before anon. That's why it was put on hold to secure the network. Actually NavajoCoin is the only (or one of the few) coin that survived such an attack and came back stronger!
    Thanks!
    █
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  • hashforce101
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    March 24, 2015, 01:36:26 AM
    Last edit: March 24, 2015, 02:06:13 AM by hashforce101
     #351
    As a foundation member and long term investor I don’t want users to setup there own nodes and have away to sniff the system - Letting the SYSTEM choose a random node without human influence is perfect for me.

    We are not going down the path of DRK and any comparisons shouldn’t be made. You can compare DRK to its 100 + clones and doing the masternode talk there


    NavajoCoin uses Subchains and Double Encryption - You cant link the send transaction to the received ALL via a simple interface and no fuse and not needing to be a rocket scientist to send coins.

    I will always vote against people given access to creates NODES - the system is already running fine.

    Also I totally get why people focus on the NODES - Its what has been done in the PAST -

    The node is just the first stage of the transactions - after that its inside the Grid doing its thing as per the whitepaper and arriving on the other end. - SIMPLE

    ~hashforce101~

  • hashforce101
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    March 24, 2015, 01:53:38 AM
     #352
    100% off the grid transactions is the primary guidline . the most secure unbreakable code on the planet - The code is the most important part and the Anonimty of the cash from point A to Point B is the most important thing. We dont need to make money from NODES like DRK does and we dont need rocket scientist adding to complexity. let the system do the work inside the NavajoCoin network -

    Starting with a random node - moving in sequnce as per the whitepaper - http://www.navajocoin.org/pdf/navajocoin.pdf

    Someone convince me about nodes to the public - and Ill change my VOTE

  • JusTrynaMakeIt
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    March 24, 2015, 02:20:22 AM
     #353
    Tell it how it is hashforce!  Wink

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    March 24, 2015, 02:39:01 AM
     #354
    someone dumped on SDC what happened?

  • 00Smurf
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    March 24, 2015, 02:42:18 AM
     #355
    Quote from: JusTrynaMakeIt on March 24, 2015, 02:39:01 AM
    someone dumped on SDC what happened?

    Have you ever looked at a market chart, they move in waves up and down, People buy people sell. Markets don't go straight up and there is always a correction. and 28k sats -> 25k sats is not a dump its a market correction.

  • JusTrynaMakeIt
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    March 24, 2015, 02:53:15 AM
     #356
    what a nerd haha i expected some sarcasm mate..never lose touch with your sense of humour and im fine with financial analysis orite mate  Smiley

  • 00Smurf
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    March 24, 2015, 03:19:58 AM
     #357
    Quote from: JusTrynaMakeIt on March 24, 2015, 02:53:15 AM
    what a nerd haha i expected some sarcasm mate..never lose touch with your sense of humour and im fine with financial analysis orite mate  Smiley

    lol you've obviously not seen some of my posts, I def keep my humor. I just get annoyed at the people who expect a market to go up all the time. And call a slight correction a dump.

  • toknormal
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    March 24, 2015, 10:55:57 AM
     #358

    Quote from: Joshuar on March 24, 2015, 12:27:17 AM
    2 tier is just the marketing name they use, and there are many other coins doing the same thing. Darkcoin is PoW/PoS, just like whitecoin, blackcoin, Peercoin etc etc(Which was the first hybrid PoW/PoS). Masternodes are PoS and get rewarded for just being online, and the mining does the PoW.

    Garbage.

  • Joshuar
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    March 24, 2015, 12:00:03 PM
     #359
    Quote from: toknormal on March 24, 2015, 10:55:57 AM

    Quote from: Joshuar on March 24, 2015, 12:27:17 AM
    2 tier is just the marketing name they use, and there are many other coins doing the same thing. Darkcoin is PoW/PoS, just like whitecoin, blackcoin, Peercoin etc etc(Which was the first hybrid PoW/PoS). Masternodes are PoS and get rewarded for just being online, and the mining does the PoW.

    Garbage.


    It is the truth however.
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  • othe
    Hero Member
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    March 24, 2015, 12:23:53 PM
     #360
    Of course it's true, you are proofing a stake of 1000 DRK to launch a masternode.
    You must be totally narrow minded to not see how this is a proof of stake system;

    i explained it here already: https://bt.irlbtc.com/view/583449.msg10869229#msg10869229


    Quote
    They don't need to BUY coins; Darkcoin is essentially a Proof of Stake system and with it there come all the problems as proof of stake system brings you i.e. if you own a lot of coins (see below) you own the network.

    They are a 3 letter agency, they will kindly ask Amazon, Digital Ocean etc. to give them access to masternodes
    OR
    They will kindly ask Cryptsy, Bitfinex, etc. to lend them their coldwallet of DRK
    OR
    They will confiscate them sooner or later a la SR
    OR
    They will hack and steal them.

    Cost = 0 USD.

    Whatever happens, you won't even notice it if they are clever.

    Due to the way a PoS system works i.e. richer people get even richer they will own more and more nodes when the time goes by...In this case they will own the network forever and theres no way you can ever stop them.

    I am not even sure why you think that they need to own masternodes to deanonymze it...It's not how i would do it.
    http://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists
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