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Why I trust in DRK
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Before I begin I want to apologize for "preaching to the choir" or "circlejerking". I just have the urge to verbalize a short summary of Darkcoin's achievements, most of which go unnoticed imo. Also maybe this list will help people to convince others getting into the DRKness.

  • X11 is an ASIC-resistant algorithm leveling the playing field for miners and enabling fairer distribution of hashing power.

  • The block reward decreases smoothly through an ingenious formula avoiding abrupt hashing power decreases after "halvings", keeping the network stable

  • Accidental forks can be mitigated within our network thanks to the "Sporking" idea, decreasing market volatility in case of a bad rollout.

  • Masternodes finally created an incentive to people without sophisticated mining equipment to run full nodes, which created a much more robust network and also a foundation for more elaborate technologies.

  • The very idea of instituting a collateral is brilliant, since it's a trustless method of ensuring cooperation of MN operators, similar to Nakamoto's idea of making 51% attacks unattractive to miners.

  • The namesake technology Darksend finally enables true financial liberty to anyone willing use it.

  • Instant transactions thanks to Masternodes will be a complete game changer in cryptocurrencies and most likely will cause the lionshare of copycats.

  • Most important of all: A truly dedicated and very large team of real people, with real names, real faces and real committment to the project and for what it stands (Little joke on the side. This is what you get with anonymous developers aka crooks).

Looking at the sheer amount of innovations unified within one single coin, while around 99% of other altcoins either offer no or only one or two new ideas or functions with fancy graphics, empty promises on ANN-threads and half-assed implementations I can only wonder how long this extreme undervaluation of DRK will continue. I think we can all agree that the stagnant price level was a floor price mainly caused by so many coins tied up into Masternodes. Anyway: This is why I trust DarkCoin and this trust has never been challenged since I bought my first coins back in March 2014.

Any errors in my listing or own contributions? I'm sure there are more important achievements I overlooked and I would love to hear from you guys (and girls?).

PS: Anyone else noticed how hostile Bitcoiners are to DRK? The only altcoin they allow to mention seems to carry an autistic dog as an emblem :P

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10 years ago