Darkcoin Battles New Setback to Anonymous Transaction System
Darkcoin has suffered new setbacks stemming from the launch of its 'masternode' system for ensuring anonymous transactions, with the rollout requiring multiple hard forks and a reworking of the deployment strategy. The darkcoin development team's launch of the masternode feature took place as scheduled on 20th June, but issues similar to those that plagued a previous attempt to deploy the system reportedly resurfaced. The masternodes act as transaction bundlers and mixers, preventing network actors from discerning the origin and destination of transactions within the darkcoin network. This....
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For those unfamiliar with Darkcoin, you better start researching on it as it had begun a new era of anonymous coins in cryptocurrency which is arguably the reason for which we see many anonymous coins these days. Coin Specifications. Darkcoin was launched at the beginning of the year, and the constant updates it has been receiving may be a shock to many who do not believe in altcoins. Being one of the few coins that has shown long-term promise, Darkcoin is definitely a great contender for the future. An interesting feature that was introduced into the altcoin market by Evan Duffield,....
Darkcoin, an anonymous Altcoin, has recently experienced a bug with Darksend, the anonymous payment protocol that makes it almost impossible to trace transactions back to the sending address. The bug was found by Darkcointalk user Aswan and was quickly solved by the Darkcoin developers. The post on Darkcointalk by eduffield explained: We ask that everyone stop using Darksend for the time being until we're able to push out a fix to an issue Aswan found. This issue comes from the way fees are paid in Darksend with the combination of the way the client tries to denominate the same amount each....
[Update: Darkcoin founder's reply is available at the end of this post.]. An anonymous Reddit user, using the alias 'IranianFromHell666', recently claimed to have found some serious flaws in Darkcoin. The alleged developer claimed that Darkcoin is heavily prone to three DOS attacks, and have zero-anonymity. He further mentioned a handful of methods following which Darkcoin could be attacked in the future. However, he shied away from discussing these tricks in public, but simply assured to setup a "Darkcoin Deanonymizer" to prove his claims. "Or is there some kind of "Bug bounty?", if so I....
The Darkcoin price exploded during May, rising more than 2000% in less than a month. Since its rise, Darkcoin has consistently remained among the altcoin heavyweights, despite a price decline. However, the Darkcoin price downtrend is becoming a concern for investors, as Darkcoin's market cap has fallen below that of another coin that until recently had been slumping, Peercoin. As the Darkcoin price has decreased, the Peercoin price has risen, causing Peercoin to briefly pass Darkcoin for fourth in total market cap. Darkcoin Price Falls to 30 Day Low. Darkcoin's price explosion in May was....
Darkcoin Developer Evan Duffield released a newer version of their open source platform Onyx, promising more features and improvements than the previous one. As per the details available on Darkcoin's forum, the 10.17.19 Onyx V3 update has fixed a number of issues that were surfaced in earlier versions, the major one being "Dead Change". This flaw was originally found by a new Darkcoin member 'Aswan', who argued over the inability of Darksend (Darkcoin's transaction obfuscating feature) to differentiate between anonymous and identifiable funds. Aswan provided an illustration of 20 coins....