Minotaur26



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LegendaryActivity: 1078Merit: 1000 Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX February 10, 2015, 05:36:35 PM #79410 Another way in which InstantX is a game changer



InstantX is a game changer in many ways, but I think one of the most important aspects is it allows Darkcoin to stand on its own from a Point of Sale perspective. For example, one of our Darkcoin Ambassadors is located in a nice tourist spot in Brasil and we are right now discussing strategy about his region. We believe there is a nice opportunity for small tourist shops in beach towns around Brasil where a lot of customers are American or European.



Instant X opens up this type of market to us, the idea of tourists shops in small towns taking crypto is obviously not novel. Tourists can take coins on their phones or laptops without having to deal with customs issues or exchanging money when they reach their destination. But cryptocurrency wasn't practical for small brick and mortar shops, until InstantX came about because it is a lot to ask for small souvenir shops around the world to establish relationships with payment processors like Bitpay, to be able to quickly serve customers.



No one wants to pay for something on a souvenir shop and wait 10 minutes before you can leave, also if you are a small tourist shop in Brazil you don't want to be obliged to have a relationship with some payment processing company in the United States or let people leave your shop without a confirmed payment is just not a good feeling and is a form of centralization.



Darkcoin, through InstantX, allows brick and mortar shops around the world to take crypto on their own without having to get service from some foreign company that will come with a bunch of KYC requirements, and do it in a way where you can serve customers just as fast, if not faster, than with credit cards.



No relationship with a bank or any other company necessary and no fees, if anything they just need to learn how to exchange their crypto for fiat in exchanges or just start spending crypto directly. This is way more scalable from a global perspective than expecting companies to confirm payments on behalf of people, it is included directly in the protocol no need for workarounds and third parties.



I am excited to see what we can do with this in the Darkcoin Ambassador Group we are already 30 volunteers looking to promote Darkcoin on our cities if you want to help, just reach out.





eduffield



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LegendaryActivity: 1176Merit: 1030Dash Developer Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX February 10, 2015, 05:40:59 PM #79411 Quote from: Minotaur26 on February 10, 2015, 05:36:35 PM Another way in which InstantX is a game changer



InstantX is a game changer in many ways, but I think one of the most important aspects is it allows Darkcoin to stand on its own from a Point of Sale perspective. For example, one of our Darkcoin Ambassadors is located in a nice tourist spot in Brasil and we are right now discussing strategy about his region. We believe there is a nice opportunity for small tourist shops in beach towns around Brasil where a lot of customers are American or European.



Instant X opens up this type of market to us, the idea of tourists shops in small towns taking crypto is obviously not novel. Tourists can take coins on their phones or laptops without having to deal with customs issues or exchanging money when they reach their destination. But cryptocurrency wasn't practical for small brick and mortar shops, until InstantX came about because it is a lot to ask for small souvenir shops around the world to establish relationships with payment processors like Bitpay, to be able to quickly serve customers.



No one wants to pay for something on a souvenir shop and wait 10 minutes before you can leave, also if you are a small tourist shop in Brazil you don't want to be obliged to have a relationship with some payment processing company in the United States or let people leave your shop without a confirmed payment is just not a good feeling and is a form of centralization.



Darkcoin, through InstantX, allows brick and mortar shops around the world to take crypto on their own without having to get service from some foreign company that will come with a bunch of KYC requirements, and do it in a way where you can serve customers just as fast, if not faster, than with credit cards.



No relationship with a bank or any other company necessary and no fees, if anything they just need to learn how to exchange their crypto for fiat in exchanges or just start spending crypto directly. This is way more scalable from a global perspective than expecting companies to confirm payments on behalf of people it is included directly in the protocol no need for workarounds and third parties.



I am excited to see what we can do with this in the Darkcoin Ambassador Group we are already 30 volunteers looking to promote Darkcoin on our cities if you want to help, just reach out.







You just convinced me to port IX to the android wallet You just convinced me to port IX to the android wallet Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io

will7am



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LegendaryActivity: 973Merit: 1000 Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX February 10, 2015, 05:45:04 PM #79412 Quote from: eduffield on February 10, 2015, 05:40:59 PM Quote from: Minotaur26 on February 10, 2015, 05:36:35 PM Another way in which InstantX is a game changer



InstantX is a game changer in many ways, but I think one of the most important aspects is it allows Darkcoin to stand on its own from a Point of Sale perspective. For example, one of our Darkcoin Ambassadors is located in a nice tourist spot in Brasil and we are right now discussing strategy about his region. We believe there is a nice opportunity for small tourist shops in beach towns around Brasil where a lot of customers are American or European.



Instant X opens up this type of market to us, the idea of tourists shops in small towns taking crypto is obviously not novel. Tourists can take coins on their phones or laptops without having to deal with customs issues or exchanging money when they reach their destination. But cryptocurrency wasn't practical for small brick and mortar shops, until InstantX came about because it is a lot to ask for small souvenir shops around the world to establish relationships with payment processors like Bitpay, to be able to quickly serve customers.



No one wants to pay for something on a souvenir shop and wait 10 minutes before you can leave, also if you are a small tourist shop in Brazil you don't want to be obliged to have a relationship with some payment processing company in the United States or let people leave your shop without a confirmed payment is just not a good feeling and is a form of centralization.



Darkcoin, through InstantX, allows brick and mortar shops around the world to take crypto on their own without having to get service from some foreign company that will come with a bunch of KYC requirements, and do it in a way where you can serve customers just as fast, if not faster, than with credit cards.



No relationship with a bank or any other company necessary and no fees, if anything they just need to learn how to exchange their crypto for fiat in exchanges or just start spending crypto directly. This is way more scalable from a global perspective than expecting companies to confirm payments on behalf of people it is included directly in the protocol no need for workarounds and third parties.



I am excited to see what we can do with this in the Darkcoin Ambassador Group we are already 30 volunteers looking to promote Darkcoin on our cities if you want to help, just reach out.







You just convinced me to port IX to the android wallet

You just convinced me to port IX to the android wallet

That's a very good point Minotaur26, and it would be great to see an android port of IX. That's a very good point Minotaur26, and it would be great to see an android port of IX. Cryptomate.co.uk - Buy BTC, LTC, DASH, BRIT and more via instant bank transfer in the UK - Peer-to-peer crypto exchange

johncarpe64



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Sr. MemberActivity: 420Merit: 250 Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX February 10, 2015, 05:46:49 PM #79413 Quote from: eduffield on February 10, 2015, 05:40:59 PM Quote from: Minotaur26 on February 10, 2015, 05:36:35 PM Another way in which InstantX is a game changer



InstantX is a game changer in many ways, but I think one of the most important aspects is it allows Darkcoin to stand on its own from a Point of Sale perspective. For example, one of our Darkcoin Ambassadors is located in a nice tourist spot in Brasil and we are right now discussing strategy about his region. We believe there is a nice opportunity for small tourist shops in beach towns around Brasil where a lot of customers are American or European.



Instant X opens up this type of market to us, the idea of tourists shops in small towns taking crypto is obviously not novel. Tourists can take coins on their phones or laptops without having to deal with customs issues or exchanging money when they reach their destination. But cryptocurrency wasn't practical for small brick and mortar shops, until InstantX came about because it is a lot to ask for small souvenir shops around the world to establish relationships with payment processors like Bitpay, to be able to quickly serve customers.



No one wants to pay for something on a souvenir shop and wait 10 minutes before you can leave, also if you are a small tourist shop in Brazil you don't want to be obliged to have a relationship with some payment processing company in the United States or let people leave your shop without a confirmed payment is just not a good feeling and is a form of centralization.



Darkcoin, through InstantX, allows brick and mortar shops around the world to take crypto on their own without having to get service from some foreign company that will come with a bunch of KYC requirements, and do it in a way where you can serve customers just as fast, if not faster, than with credit cards.



No relationship with a bank or any other company necessary and no fees, if anything they just need to learn how to exchange their crypto for fiat in exchanges or just start spending crypto directly. This is way more scalable from a global perspective than expecting companies to confirm payments on behalf of people it is included directly in the protocol no need for workarounds and third parties.



I am excited to see what we can do with this in the Darkcoin Ambassador Group we are already 30 volunteers looking to promote Darkcoin on our cities if you want to help, just reach out.







You just convinced me to port IX to the android wallet

You just convinced me to port IX to the android wallet

This will be a great payment system in conjunction with the dark send and dark node system since all transactions can be 1v1 and private. This will be a great payment system in conjunction with the dark send and dark node system since all transactions can be 1v1 and private.

toknormal



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LegendaryActivity: 2268Merit: 1174 Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX February 10, 2015, 05:57:11 PM #79417

Quote from: Minotaur26 on February 10, 2015, 05:36:35 PM Darkcoin, through InstantX, allows brick and mortar shops around the world to take crypto on their own without having to get service from some foreign company that will come with a bunch of KYC requirements, and do it in a way where you can serve customers just as fast, if not faster, than with credit cards.

Absolutely - great post.



Not only that, there are millions of websites that would like to take payment for all kinds of stuff, but the barrier to adoption for credit cards is so high that they don't bother.



Look at it this way:



Q. When eMail was invented, did it kill off the post office or the amount of 'snail mail' traffic ?



A. No. What it did instead was give birth to a massive new communications medium that didn't exist before



So it is with electronic payments I think. Cryptocurrency - and especially now that one exists which can consistently confirm in under 30 seconds - will open the floodgates for a whole new economy consisting of vendors and customers who didn't have access to credit card payment gateways hitherto.



In short, Darkcoin's confirmation time is not only fast enough for bricks and mortar souvenir shops and restaurants, but also for web based sales.

Absolutely - great post.Not only that, there are millions of websites that would like to take payment for all kinds of stuff, but the barrier to adoption for credit cards is so high that they don't bother.Look at it this way:Q. When eMail was invented, did it kill off the post office or the amount of 'snail mail' traffic ?A. No. What it did instead was give birth to a massive new communications medium that didn't exist beforeSo it is with electronic payments I think. Cryptocurrency - and especially now that one exists which can consistently confirm in under 30 seconds - will open the floodgates for a whole new economy consisting of vendors and customers who didn't have access to credit card payment gateways hitherto.In short, Darkcoin's confirmation time is not only fast enough for bricks and mortar souvenir shops and restaurants, but also for web based sales.

Minotaur26



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LegendaryActivity: 1078Merit: 1000 Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX February 10, 2015, 06:01:57 PM #79418 Quote from: eduffield on February 10, 2015, 05:40:59 PM Quote from: Minotaur26 on February 10, 2015, 05:36:35 PM Another way in which InstantX is a game changer



InstantX is a game changer in many ways, but I think one of the most important aspects is it allows Darkcoin to stand on its own from a Point of Sale perspective. For example, one of our Darkcoin Ambassadors is located in a nice tourist spot in Brasil and we are right now discussing strategy about his region. We believe there is a nice opportunity for small tourist shops in beach towns around Brasil where a lot of customers are American or European.



Instant X opens up this type of market to us, the idea of tourists shops in small towns taking crypto is obviously not novel. Tourists can take coins on their phones or laptops without having to deal with customs issues or exchanging money when they reach their destination. But cryptocurrency wasn't practical for small brick and mortar shops, until InstantX came about because it is a lot to ask for small souvenir shops around the world to establish relationships with payment processors like Bitpay, to be able to quickly serve customers.



No one wants to pay for something on a souvenir shop and wait 10 minutes before you can leave, also if you are a small tourist shop in Brazil you don't want to be obliged to have a relationship with some payment processing company in the United States or let people leave your shop without a confirmed payment is just not a good feeling and is a form of centralization.



Darkcoin, through InstantX, allows brick and mortar shops around the world to take crypto on their own without having to get service from some foreign company that will come with a bunch of KYC requirements, and do it in a way where you can serve customers just as fast, if not faster, than with credit cards.



No relationship with a bank or any other company necessary and no fees, if anything they just need to learn how to exchange their crypto for fiat in exchanges or just start spending crypto directly. This is way more scalable from a global perspective than expecting companies to confirm payments on behalf of people it is included directly in the protocol no need for workarounds and third parties.



I am excited to see what we can do with this in the Darkcoin Ambassador Group we are already 30 volunteers looking to promote Darkcoin on our cities if you want to help, just reach out.







You just convinced me to port IX to the android wallet

You just convinced me to port IX to the android wallet

Yeah I was kinda counting on that bro . That and 2FA protection for the brick and mortar merchant address, I don't want them to be worried about loosing their coins, as that is another big barrier of entry for people. See that is the big difference with Darkcoin we think from the user's point of view. I am so excited, we are going to really change the world. Yeah I was kinda counting on that bro. That andfor the brick and mortar merchant address, I don't want them to be worried about loosing their coins, as that is another big barrier of entry for people. See that is the big difference with Darkcoin we think from the user's point of view. I am so excited, we are going to really change the world.