Darkcoin
Darkcoin takes a somewhat different tack, and sets out to build a privacy based Bitcoin currency from the ground up; ‘We engineered Darkcoin to be a digital version of cash.’
darkcoin
Darkcoin uses a version of CoinJoin called DarkSend, which utilizes a distributed network of servers to negotiate multiparty payments. Unless the user chooses to disable DarkSend, ‘the whole blockchain will be a fog,’ explained Darkcoin’s chief developer Evan Duffield.
Anyone can setup one of these servers by paying 1000 Darkcoins, and in return will be entered into a lottery that will periodically pay 10 percent of all new Darkcoins mined and put into circulation.
It is still early days for Darkcoin, but things are looking promising. 4.1 million Darkcoins have gone into circulation since January, and now valued at $1.60 or so each, they are the fastest appreciating cryptocurrency since Bitcoin itself. The incentive scheme for runningservers has not yet been implemented, but despite this 42 servers are already operational.
