How True Anonymity Made Darkcoin King of the Altcoins
If you're looking to conduct truly anonymous transactions, bitcoin isn't the perfect digital currency to use. While personal identities are not shared via the bitcoin network, it is still possible to identify wallet addresses and follow transactions through the block chain. For a real anonymous coin, you'll need to turn to darkcoin, a digital currency launched in January that is storming the cryptocurrency scene with its pioneering energy-efficient mining algorithm and multifaceted, identity-protecting features. Enthusiasm for the digital currency has been fueled by darkcoin's price gains....
Related News
Cloakcoin is trying to build an anonymous ecosystem. One of cryptocurrency's greatest selling points is the freedom it affords users in regard to managing their assets. However, many in the crypto-community do not believe true freedom can be achieved until they have a way to transact online with complete anonymity. As a result, a variety of coin developers have sought to implement anonymous transactions into their source code. Darkcoin was the first major coin to attempt this. After its dramatic price rise, many altcoins sought to draw attention to themselves by promising anonymity as....
Despite government fear-mongering about Bitcoin's anonymity, anyone with the time and resources can follow Bitcoin transactions through the blockchain. Bitcoin is more private than traditional banking, but the revolutionary cryptocurrency is more accurately referred to as pseudo-anonymous. However, one of Bitcoin's many children-Darkcoin-purports to bring complete anonymity to coinholders through a feature ominously called DarkSend, which will ensure that Darkcoin transactions cannot be tracked or observed by prying eyes. Darkcoin Price Skyrockets on Eve of Masternode Launch. Darkcoin's....
Online gambling platforms DirectBet.eu and Unioncasino.com recently announced to accept Darkcoin for their services in addition to cryptocurrencies Bitcoin and Litecoin. The technical specifications of Darkcoin indeed fits well with the existing business models of online gambling sites accepts DirectBet. "Some of our clients raised concerns that due to the nature of the Bitcoin blockchain, transactions are traceable and the anonymity can be compromised," it told CryptoArticles.com. "Darkcoin was therefore a natural fit for us as it offers superior transaction anonymity using Darksend."....
The Darkcoin price has not fared well recently, much to the chagrin of investors. Over the past few weeks, the Darkcoin price has experienced a steady decline, followed by a crash and brief recovery. CCN examines the Darkcoin price and analyzes its future outlook. Darkcoin Price Fell 20% This Week. Over the past seven days, the Darkcoin price fell 20%. The anonymity-branded coin had a price of $3.08 on August 24. However, the Darkcoin price continued its steady two-week decline by rippling down to as low as $2.29 on August 27. At present, the Darkcoin price rests at $2.42, according to....
The Darkcoin price skyrocketed on the eve of the masternode hard fork, rising more than 2000% in a month. However, recently the Darkcoin price has experienced a steady downswing. Is this price correction temporary, or is it a sign that investors have lost confidence in the value of Darkcoin's anonymity? Darkcoin Price Falling. Darkcoin offers a rare commodity to consumers: privacy. Through the use of a feature called DarkSend, users will be able to send and receive money anonymously. However, DarkSend has not been fully developed yet. Developers have been slowly preparing to implement it....