Darkcoin: Instant Transactions with InstantX!
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.....
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Darkcoin core developer Evan Duffield recently announced the launch of Darkcoin Core's new version, featuring the keenly-awaited InstantX feature. To those who still don't know about InstantX, it is an answer to Bitcoin's underprivileged transaction confirmation process. Against the latter's 10-15 minute confirmation time, Darkcoin's new InstantX feature has promised to take only 4-7 seconds for the same. You can read more about this feature here. In his blogpost, Duffield has claimed InstantX to have been returning over 98% positive results. This nearly makes it executable in its current....
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....
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....
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....
Privacy has been one of the most desired features in digital currencies that bitcoin hasn’t been able to offer. Evan Duffield is a software developer that has been on a quest to create a crypto currency that he hopes will soon be the perfect internet cash: untraceable and instantaneous. Early this year he created Darkcoin – believed to be the first true anonymous, secure and untraceable crypto currency. Unlike Bitcoin and Bitcoin-based alt-coins which have transparent electronic transactions, Darkcoin can be equated with online cash due to its private/anonymous transactions that resemble....