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Home Cryptocurrency news

Darkcoin Dev Evan Duffield Wins 'Proof of Honor' Award

newsbtc by newsbtc
6 years ago
in Cryptocurrency news
Reading Time: 1min read
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The voting results for Coins Source’s first annual ‘Proof of Honor’ award for cryptocurrency developers is in, and Evan Duffield has been announced as the 2014 winner.

Duffield is the founder and lead developer of Darkcoin, and is credited with the invention of widely used innovations such as the X11 algorithm and the dark gravity wave method of difficult adjustment, which are now used by a slew of other coins, as well as with the introduction of instant transactions to Darkcoin. Darkcoin itself is a privacy-centric altcoin which aims to provide the highest possible level of anonymity to its users.

The Proof of Honor 2014 awards saw two rounds, nominations and voting, via forums and social media. Anyone with an interest in cryptocurrency was able to take part in the process, casting a vote for whoever they thought was the most deserving developer. With outright broken promises, shady deals and outright scams so common amongst altcoin developers, the awards sought to highlight the great work continuing to be carried out by honest, hard-working and honourable developers.

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In an interview with Coins Source, Duffield highlighted the importance of acting with integrity, whilst seeming to blame naivety and mismanagement for many of the broken relationships between altcoin developers and their coin’s holders rather than malevolent intentions:

“I’ve seen many projects try to cover up their failings, which can result is the loss of trust of your user base. Once that’s gone, I don’t believe you can get it back. The message I’d like to get across is that people have real money at stake here and attempting to deceive them is something like deceiving the shareholders of your company. Running a project in this space is something that must be conducted with the utmost integrity,” he said.

Tags: awardsdarkcoinevan duffieldNewsX11
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