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
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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 the anonymity of private cash transactions.
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For those unfamiliar with Darkcoin, you better start researching on it as it had begun a new era of anonymous coins in cryptocurrency which is arguably the reason for which we see many anonymous coins these days. Coin Specifications 22 Million total coins X11 Algorithm 2.5 Minute Block Generation Decentralized Masternode Network Anonymous sending with DarkSend+ Difficulty Retarget through Dark Gravity Wave Darkcoin was launched at the beginning of the year, and the constant updates