How to Use The Darkcoin Wallet and Darksend - Coin Brief

DarkSend+ transactions radically bloat the blockchain?

A block is mostly composed of tx's since the block header is relatively small. The latest method of going through several masternodes therefore increases our chain size by a factor of the number of masternodes used since each is a tx.
On top of that, amounts have to be broken into components, e.g. 26 = 10 + 5 + 5 + 2 + 1 + 1 + 1 + 1 as shown in the image here. That's additional bloat on top of that, something like another ~5X depending on the amount.
Somebody can correct me here, but the full impact would be the product of those two since they're independent effects. So sending those 26 DRK through 8 masternodes is ~40X bloat (relative to Bitcoin)? That seems much worse than Zerocoin or CryptoNote, which are something like ~10X due to their proofs and signatures.
The real problem may be the incentive structure. Since a user never really knows if the masternodes are malicious, a rational one might just keep on DarkSending again and again if they have no immediate need to spend. This makes sense from their point of view because it drives down the probability of privacy loss, but it further bloats the chain. We can probably stop this with fees, but it doesn't stop the inherent bloat problem.
I hope Evan or another dev can reply to this with technical details and calculations. This isn't a problem right now since DRK is only being used for trading, but once DarkSend+ is out of beta it could be an issue.
submitted by cfas to DRKCoin [link] [comments]

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Bitcoin price conversions on Paxful The current market price of Bitcoin is updated every 3 minutes and is automatically sourced in USD. Bitcoin prices in other currencies are based on their corresponding USD exchange rates. Below, you'll also find popular converter value denominations in USD. Dark Wallet is a chrome based browser extension.The wallet supports coinjoin, or essentially transaction bundling to increase anonymity. Firefox support is in development and the wallet supports multisignature transactions. Yes, DarkSend is one specific implementation of CoinJoin, and CoinJoin can implemented directly on top of Bitcoin without a modification of the protocol. So no fork is necessary. The Darkcoin Whitepaper does not mention anything that would deviate from the CoinJoin idea and thus require a modification of Bitcoin. (However, the paper is not very ... About exchanging Bitcoin to Dash. All exchangers specified in the list provide the service of exchanging Bitcoin to Dash automatically. You can use our instructions in the FAQ section if you have never exchanged electronic money at our site before and you come across any difficulties with the exchange process. How to Activate Darksend in the Darkcoin Wallet. The wallet has DarkSend turned off by default because there are small fees involved in using the DarkSend function. However, the team felt it was important that people not be charged fees without consent. So to use DarkSend, you will need to turn it on. This is done by unclicking the “Disable ...

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