demo
Well-known member
Yeah, this is the only thing on development that they have yet to complete.
hehe.. It is the curse of voting with numbers, that prevents them for doing it!
Isnt it strange, this curse to be active for 2000 years?
Yeah, this is the only thing on development that they have yet to complete.
Vcash encrypts all their traffic. Don't think applications can snoop like you are thinking of.Additonaly, vcash uses udp.
Udp means multicast.
Multicast means many people hear.
This is good for blockchain ledger applications, but it is a bad practice when implementing a ring signature scheme or a zeroknowledge proof.
This is bad for Vcash.
Zerocoin protocol should be implemented in tcp.
Vcash encrypts all their traffic. Don't think applications can snoop like you are thinking of.
And in this thread, they discuss Decentralised Governance.
It seems their governance model is not ready yet.
Am I wrong? Have I miss something?
By the way, I keep asking when the governance will be ready in Vcash, and they keep delete my message. And then, the thread was closed for further responses. Strange behavior....
So I posted a poll there, and I am waiting for responses.
My perception is that that would kill dash, look at malero. It's a great plus to have a plain, tracable blockchain and the option to mix. Best of both worlds and freedom to choose in any situation.
Besides, more important work is being done right now, tinkering with low level stuff without a good reason would be a waste of time. If peeps want absolute anon stuff they can just buy molero or zcash.
It is time to quit playing around with fungibility / anonymity of the coin. Dash was released as Darkcoin with the promise of true anonymous payment. It has failed to provide anonymity and fungibility almost 2 year later. The mixing technology of Dash is not good enough. It is slow, expensive, and requires people to opt-in to it instead of being on by default. That is not like Cash, so Dash cannot be Digital Cash.
What is shadowcash? Shadowcash is an anonymous coin built on top of Bitcoin technology (versus cryptonote which is an entirely new blockchain technology). Evan previously wanted to merge with Shadocash. So, Evan is aware of them and their technology. Why hasn't he implemented it yet? It offers true anonymous / fungible transactions similar to Monero. No mixing involved. Built on bitcoin blockchain.
Here is why Dash anonymity fails: It requires trust. Trust in the masternodes. Trust they are not logging the mixes and trust that your coins happened to get mixed in uncompromized masternodes. Masternodes are NOT anonymous, so it is easy for a state actor to target these nodes via hacks or targeting the people. That is not good enough and it is why no one accepts Dash's fungibility solution. The opposition does have valid concerns.
What about masternode blinding? Let's be real, this is vaporware. This has been promised for 1.5 years. And despite the code being "already done and tested" it has not been released. Why would working, tested code not be released when so many users are turned off and criticize current mixing. In addition, blinding is not instant. Lastly, even blinding the masternodes will not make the transactions as secure as shadowcash or monero. The transactions will still be correlatable. The ability to correlate gets less with more users and more mixing, but it can still make someone a target.
Here is the truth: People demand anonymity. The official argument from Core is that they don't want to focus on this now because it could make the coin a dark market coin which is bad for mass adoption. That would have been a good argument two years ago. The problem is Dash already has all the downsides of a darkmarket coin with none of the upside.
Here is why: 1) Dash started as Darkcoin, which was specifically targeting the anonymous crowd (and by relation dark markets. Look at the naming of the coin). 2) It already advertises being anonymous. The result of 1 and 2 is hindered mainstream adoption (by big business). The problem is 3) due to it NOT actually being anonymous (due to usability and severe flaws in its mixing) it also gets none of the benefits of being an anonymous coin because its an open-secret that Dash is NOT anonymous (hence why monero was adopted by darkmarkets and not Dash despite Dash being more mature).
So, what is the downside? We already suffer the downsides of being "anonymous" but since we are not really anonymous we get none of the upsides.
I think its time to finally fix some of the fundamental problems with Dash. Evolution is great and it is great to have an easy to use wallet (which is essentially what evolution is), but having a wallet for a product that is useless by design does not work. First, Dash needs to be useful and actually do what it intends to do which is be digital cash (it can never be like cash until the anonymity is solved).
You'd have to believe a HUGE number of MN owners are colluding and spying to have Dash be inferior
But on the top of the worst reason to use monero list is that you can NOT verify the number of coins existing on the blockchain as it is indecipherable. This makes monero unusable as a financial instrument
AT that moment, he had the epiphany that he could actually make a real solid currency that could replace fiat. Yes, REPLACE FIAT
Actually, the majority of Dashers have agreed that they want Dash to have the choice of anonymity and full disclosure.
Warrents won't tell them who mixed what as this information is not recorded, nor are the IP addresses. Unless, of course, you have a large colluding group of MN owners. This can't happen, a warrant will give them no information they can't get running their own node. There is nothing to fear here.This is FALSE. It does not take a "huge number of masternodes owners colluding" to compromise the Dash network. All it takes is a few hosting providers that are required by a secret warrant to compromise dash. Dash is 1 secret warrant sent to amazon.com and rackspace.com and the network is compromised.
Please tell me how I can verifiy that no false TX can be inserted or have been inserted?This is FALSE. Monero coin supply is verifiable.
Yes, cash is pretty anonymous (though each bill has a serial number and can be tracked in a limited way) But fiat as a whole is absolutely not anonymous. Dash has both qualities and can make a perfect fiat replacement.You cannot replace Fiat until you can replace Cash. You cannot replace Cash until you are Anonymous because Cash is Anonymous.
Read your own thread here.You can see the poll results. The vast majority of users want anonymity. I am not sure why you keep arguing as if some transactions cannot be non-anonymous if so elected. It is not either-or. The current situation is that nothing is anonymous. All users want is that dash offers some anonymity (and no, the current mixing is not anonymous as previously outined in this thread).
Warrents won't tell them who mixed what as this information is not recorded, nor are the IP addresses. Unless, of course, you have a large colluding group of MN owners. This can't happen, a warrant will give them no information they can't get running their own node. There is nothing to fear here.
Please tell me how I can verifiy that no false TX can be inserted or have been inserted?
I'm not trying to get in your face, honestly I'm not, but you seem to be convinced you're right despite arguments to the contrary. I can't help you there, except to suggest you look into these things deeper.
And if a state actor says to Amazon "Compromise those nodes" what do you think Amazon will do? It will just alter the nodes so everything is logged. Or, even more likely, a state actor such as the NSA will compromise insecure master nodes using exploits in the stack running the masternodes (operating system, other software, or bugs in the master node software, etc) in order to modify the system so that it will log the data.
Masternodes are public. That means there are three vectors to attack: master node owners, hosting companies, and the actual server (remotely via exploit or physically by visiting the data center). That is even before they start buying dash and creating their own master nodes (which they will never need to do as they will just ask amazon to exploit the servers).
Relatedly, master node owners themselves are attacked via legal attacks such as the claim that running a masternode is money laundering since it is actively mixing.
How many forums are u trolling demo?By the way, I keep asking when the governance will be ready in Vcash, and they keep delete my message. And then, the thread was closed for further responses. Strange behavior....
So I posted a poll there, and I am waiting for responses.
How many forums are u trolling demo?
It's a great plus to have a plain, tracable blockchain and the option to mix. Best of both worlds and freedom to choose in any situation.
BenTucker = xdashguy? Easy facade of half helping but really not. The most constructive criticism we got.
This!
It's only a matter of time until you either a) have to pay tax for your Dash income from mining/masternoding and/or b) have to explain your bank where all this money comes from.
Having proof via a traceable blockchain is the only way to show that you don't do money-laundering or other illegal stuff.
That's why I don't mix Dash which is supposed to end in a Masternode.