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Darkcoin: Not Just for Drugs Anymore

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When a team of seven developers launched Darkcoin in April 2014, it didn’t turn many heads.

Like Bitcoin, it initially wallowed in obscurity—but unlike Bitcoin, it only took a few months for online free markets such as Nucleus and Diabolus to start accepting it for drug purchases.

Fast forward to today, and Darkcoin is now seeing the beginnings of its romance with crypto gambling. The online casinos DirectBet and Unicoin Casino are among the first to add Darkcoin to their lists of accepted cryptocurrencies.

Why the uptake? Simply, it’s because Darkcoin is more private than Bitcoin. Its protocol is built on what its developers call Darksend. Darkcoin automatically mixes every transaction with the inputs of at least two other transactions. This makes identity tracking nearly impossible, which is a welcome benefit to gamblers, who are frequently targeted by states for persecution, and by corporations for exclusion… CONTINUE

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