DarkCoin Introduces Trustless Instant Payment Confirmations
DarkSend releases InstantX payments update. Allows for sub five second confirmation of transactions of DarkCoin. DarkCoin has released a new core update to its DarkSend system allowing for the implementation of their InstantX (IX) protocol for immediate payment confirmations. The new v0.11.1 release allows users to select the IX protocol for use in their transactions of the altcoin. The new system should mean that those receiving a transaction should get a confirmation within five seconds in most cases. “Transaction locking is a concept where a client sends the network an intention to lock....
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Merchants and customers don't want to wait around for Bitcoin confirmations. One of the so-called "problems" with Bitcoin in the eyes of new users is the lack of instant confirmations. Transactions are usually viewed as generally secure after a few confirmations on the blockchain, but this can create a problem in situations where you want to buy something from a store and then leave without having to wait around for the next block. The time between new blocks has led to the creation of a number of different altcoins that boast confirmation times in the one minute range, but creating an....
With the release of wallet version 11.1.25, Darkcoin again delivers on its promises. Instant transactions suitable for day-to-day living; the ability to hardfork without permanently breaking the blockchain (if something goes wrong); and being able to make money by supporting the blockchain (without mining). All these add up to an explanation of why Darkcoin is taken as a serious contender for Bitcoin's de facto supremacy. Also read: ASIC Coming For X-Algorithms: Darkcoin Watch Out. When asked on a recent episode of Beyond Bitcoin how he framed the problem that Darkcoin was designed to....
In September, the Darkcoin price broke out of a slump and surged at an impressive rate. However, Darkcoin could not sustain that massive amount of investment capital, because the Darkcoin price climb turned into a price bubble that popped during the latter half of September. But it appears the decline may be over and that Darkcoin is returning to its mean price level. Also Read: Darkcoin 2.0 Open Source - Can Darkcoin get it's mojo back? Darkcoin Price Returns to Mean After September Price Bubble. During the early portion of September, the Darkcoin price hovered around 590,000 satoshis. On....
If you have been watching the markets, you have realized that Darkcoin up to over $3, an increase of 50%. Increases like this usually do not happen in currencies with large market capitalizations without good reason. Before we get to that, Darkcoin is a privacy centric cryptocurrency, the first of its kind. Many traders still recall its astronomical rise to $15, or 5x what the current price is as of now. Through Masternode and Darksend, transactions are anonymized allowing people to send money truly discreetly. If you would like a more in-depth Darkcoin refresher, check out this article.....
In a bid to gain wider acceptance, the Darkcoin development team, headed by creator Evan Duffield, is presently considering a complete re-branding effort. Also read: ASIC Coming For X-Algorithms: Darkcoin Watch Out. The current leading idea per the forums is "Dash," with no "coin" in the name. The new name is supposed to be short for "digital cash," while at the same time the name is meant to play on the instant transaction feature implemented in the most recent stable version of Darkcoin. Duffield posted to the Darkcoin community forums yesterday afternoon: I am very happy with the way....