BitcoinDark is a decentralised platform which allows transaction in a wide range of digital asset in a secure and privately fashion. It has been forked from Nova Coin in 2014. The DARK is the acronym of Decentralisation, Anonymous, real-time settlement and key currencies.
BitcoinDark(BTDC) is a platform that believes in healthy functioning of the crypto economy and has the potential to become alternative and parallel to fiat currencies. BTCD helps in strengthening the cryptocurrency while weeding out the basic versions of cryptocurrencies which don't add any value to the network. Select alt-coins connect through the BitcoinDark SuperNet (UNITY) network while providing both features of the coin and the UNITY. The teleport feature allows for anonymity in the transactions while using any coin connected through the UNITY network.
The BitcoinDark's pegged asset exchange (PAX) enables users to buy and sell fiat currencies (USD, GBP, JPY, EUR), commodities, stocks, ETFs. PAX is a decentralised platform and has no single point of failure meaning the exchange cannot be manipulated by any external forces or easily be shut down by the government.
The BitcoinDark's integrated instant decentralised exchange (InstantDEX), allows real-time trading of a wide range of cryptocurrencies and assets. InstantDEX constructs a composite order book with data sourced from multiple platforms and gives the best possible depth and narrowest spreads, and settles the trades on a peer-to-peer basis.
Teleportation: This technology allows to teleport your funds from place to place while ensuring privacy during the transaction. Teleportation takes place off the blockchain while providing the benefit of the blockchain, allowing the transaction to stay private all the time.
Telepathy: This technology encrypts the communication sent across the network by masking the IP address of the user preventing the identity.
The developers of BTDC has moved over to Komodo coins (KMD) and is being now termed as BTDC 2.0. Komodo uses Zcash zero-knowledge proofs, the best privacy technology available in the market. Those who are holding BTDC coins should swap them with the Komodo coins and swap of coins is available until Jan 2018. ! BTDC is equivalent to 50 KMD
Link for user instructions: http://bitcoindark.com/docs/How%20to%20Install%20and%20Use%20Your%20BitcoinDark-QT%20Wallet.pdf
First, you need to open an account in an exchange that supports BTDC coins and then obtain your BTC wallet address. Then send Bitcoin from your BTC wallet to receiver BTC address. Then you can trade your BTC for BTDC coins.
BitcoinDark is a platform which helps in completing a transaction more private and secure manner. It also helps the user to in buy and sell of pegged assets mainly currency, commodities, stocks without depending on traditional brokers and also allows storing them.