WOW!!! Anybody who hasn't yet listened to the LTB episode do it NOW!  Just had a chance to hear it and it is really excellent on all levels. A great interviewer who was knowledgeable and asked questions until he had got a satisfactory explaination, Evan is clear about where we came from and what will happen next in the development cycle -- it really is just very very good. Well worth the 45 minutes. It also made me realize that we are part of something big and that agruing with trolls and the like is very pointless. I was replying to trolls earlier as well so I will apologize for my part in that. Anyway take a listen:  https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-196-distortions-towards-privacy-or-many-hands-makes-light-work |
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If this is a scam then it is the worse, most poorly executed scam ever.  Fits with the worst, most poorly executed launch ever. Yet it is a year later nobody has been scammed.  Whoever was on the other side of those trades at 10 probably disagrees. Your comment shows the DRK perspective pretty well though. My bag is bigger now, so its all good and fuck everyone else. Btw, how long until the next chunk of new coins get redirected to masternodes? Maybe its a good time for me to buy in. So Bitcoin is a scam because some people bought at $1000 and now the price is $280. Edit: Actually, whatever I am just going to ignore you. Scary that Monero core members think that a price drop means that those that bought at the top where scammed. I mean Monero used to be worth more than 2x what it is worth now... |
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If this is a scam then it is the worse, most poorly executed scam ever. Fits with the worst, most poorly executed launch ever. Yet it is a year later nobody has been scammed. |
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The Monero people just don't seem to get that nothing reflects worse on your community than continually trolling another coin. If DRK/DASH was a scam then the devs would have dumped on everything when the coin was $15 and left. Instead they continued to push feature after feature out while the price dropped all the way to $1.5. If this is a scam then it is the worse, most poorly executed scam ever. Newbies, do your own research and don't listen to the opinions of bagholders of rival coins. |
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Optional Donations of Masternode Income
Udjin and I just wrote an extension that allows the masternode network operators to voluntarily sponsor initiatives. This is a super powerful feature, you can specify that a percentage of your earnings will be redirected to any other address. I imagine people will lobby for an initiative, then they will post an address in the forums, if masternode operators supports it, they could donate 30% of their income (or any other amount). Examples include: - Sponsoring an advertising campaign - Sponsoring development - Donating to the Darkcoin Foundation's address Another benefit of utilizing the protocol for something like this is, when used a percentage of payments will bypass you, creating no taxation (you never controlled the money at all). https://github.com/darkcoin/darkcoin/commit/70164b2d4c507669aea0043ccde19226f49aaabd* This is 100% voluntary, we'll never require donations. This line here is just for testing and has already been removed: https://github.com/darkcoin/darkcoin/commit/70164b2d4c507669aea0043ccde19226f49aaabd#diff-345a95f756731b98ecccf4a05e6bd4e2R113 Nice. I remember this being specificly requested by several community members in the past. It is also great to see development continue on despite all the "excitement" this past week. Bravo. |
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Here is the post I was referring too. It's sad to see the coin being renamed to a brand that already has patents filed on it... moreover that is also an existing coin that's been here a while.
Those are some of the reasons why I decided to empty my DRK stash and move on. It's kind of a slap in the face for the early DRK people.
Anybody would happen to know the filing number of the challenge application? Would be interesting to see.
We moved forward under the advice of trademark attorneys. Until the legal process is complete it's unlikely much information will be released. Our decisions are aligned with the community as we are simply taking the necessary steps towards making this the most widely accepted anonymous and instant cryptocurrency. Also here he talking about how he and another lawyer set up the Foundation. Does that mean Edward the pro poker player is the no.1 richest wallet  He liked to play with numbers, didn't he? Ex-poker pro. I rarely play poker these days (maybe once in the last 4 months) mostly because I've been heavily involved in cryptocurrencies for a couple years now. Prior to crypto I'd help start a social gaming company, so it's actually been quite a number of years since I considered myself a poker pro. I don't have the richest Darkcoin wallet, however I did introduce my business partner to Darkcoin (I haven't checked recently but he may have the richest Darkcoin wallet). I do however remain in contact with a lot of top pros in the poker community as many of the them have recently begun to take an interest in cryptocurrencies. There are a lot of crypto gambling sites on the horizon that I know of, and when I have the opportunity I always mention Darkcoin to them. Fwiw, I was pretty instrumental in bringing Darkcoin to Bitfinex and can say without my involvement that would not have happened when it did, if at all. Eventually I realized there was a need to organize things and help build the darkcoin ecosystem and I approached Evan with the idea of starting up a foundation. We've seen a lot of mistakes made in other foundations (i.e. Bitcoin Foundation) and it was obvious if we were to move foward with this it should be done right. As such, I brought Harold Boo (an incredibly capable attorney I've known and worked with for years) to the table to help set up the foundation as he has been involved in crypto for about a year and had previous experience structuring non-profits. Evan's first request was that we have a strong community member involved and Chris Rimoldi was proposed. Things kind of went from there. Anyway, I haven't chimed in for a bit and thought I'd give a few details about how things got started with the foundation. There is still a lot of work ahead of us with it. -ed I think the legal side of this is covered. Plus, Evan didn't buy the project he only bought the github and is using it in trademark case against an different company. So basically you saying that all dashcoin holders have a legal claim to a github account which was registered to an individual person... BS. |
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LOL!! Completely absurd. The Foundation has already consulted with trademark lawyers over this issue and made an educated decision to proceed, but in spite of all that Darkcoin should pay a dead coin's bagholders $1,000,000... just cause a random guy on the internet said so. This is nothing more than FUD to get the price to drop back below where you dumped. Absurdity at its finest. 1. Have they consulted with trademark lawyers? 2. Have they consulted with trademark lawyers that understand virtual currency? If so, that's great. A letter from them would go a long way to put this argument to bed. I have a hard time believing attorney's have been consulted, however. A foundation board member stated as such on these boards. Obviously I wasn't at the meeting so I don't know how much the lawyer knew about virtual currency. Wait a bit and I will find the post... |
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LOL!! Completely absurd. The Foundation has already consulted with trademark lawyers over this issue and made an educated decision to proceed, but in spite of all that Darkcoin should pay a dead coin's bagholders $1,000,000... just cause a random guy on the internet said so. This is nothing more than FUD to get the price to drop back below where you dumped. Absurdity at its finest. |
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It seems some people thought this announcement would be a good trading opportunity. Unfortunately the price did not really budge like it did after the initial announcement. Now they can buy back the coins but they just got more expensive for them, life is so unfair
Yep. The markets have already recovered from the latest dump. Seems like traders haven't figured out that except for a few disgruntled large holders the majority of the community is behind the rebranding to DASH. |
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It's sad to see the coin being renamed to a brand that already has patents filed on it... moreover that is also an existing coin that's been here a while.
Those are some of the reasons why I decided to empty my DRK stash and move on. It's kind of a slap in the face for the early DRK people.
Anybody would happen to know the filing number of the challenge application? Would be interesting to see.
Not worrying about the legal stuff as Fernando and a couple others on the foundation board are lawyers. As for dashcoin, the slimball is their dev who sold the github to Evan. Evan did nothing wrong. If that community wants to fork the coin and still call it dashcoin or whatever that is fine. We are not rebranding to dashcoin anyway. As for the actual rebrand, DASH was originally suggested by the community and since the annoucement the vast majority have rallied around the name. Of course some people will be upset like you or Vertoe and decide to sell. Actually, I feel bad for the long time holders that are not showing enough foresight to keeping holding. After all the coin fundamentals have not changed and now we are much more marketable. There is a good chance that long time holders who are selling now just because of a name change will be very very upset with themselves in a year or two's time. I bought my first DASH back in February 2014 right after the name was changed from Xcoin to Darkcoin... I was very attached to the name. But after reading story after story after story from the hardworking people trying to increase adoption all saying that the name is holding us back I decided that my loyalty to the name was just a silly, emotional personal problem. In the end, as an investor I want to see my investment increase -- and if that means getting over my personal attachment to the name and suffering short term losses due to uncertainty in the market then so be it... |
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Yeah. Hopefully more and more bitcoiners will see the light. |
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Seems like the majority are rallying around DASH. Maybe this is a good time for a quick poll on darkcointalk just so the naysayers know for a fact that they are a minority faction within the community.
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I'm still not happy with the way the name was changed esp as a foundation member. Never said I didn't want the name changed, always on the fence it was the execution and lack of transparency that upset me.
That said...
I do like the way this sounds...
Dash- Not and altcoin,a payment processing system.
Again nothing has been changed as of yet. See the update on darkcointalk. If the community objects strongly then the name will not change. Having said that, however, after you disregard the troll posts it seems like people are starting to rally around the change. As for the name itself, that is also up for debate but DASH is the current leader. |
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Again I cant stress this more....  Evan was leaned on by other "Investors/exchanges and Businesses" To change the Name...He didnt even consult with major players in the community or people that have actually worked on the project....All this does is show that Evan is a horrible point of failure in this system, and its even worse he doesn't care what the community thinks he just implements change...If he is this quick to give in on Pressure from just exchanges and other people imagine how quickly he will fold to the big 3 letter agencies. Again what you all did was fucking idiotic looking at how DRK was on the verge of exploding, now you all will have caused a gross over correction.. that will continue to fall as many lost trust in the Dev or team.. Again you all are thinking like stupid ass computer nerds with no business or marketing understanding at all... You think oh name change will change adoption rate when the ALT scene is so miniscule in the first place... Drk was big cause we Owned this small ALT scene... but for some reason you all think that your gonna be able to surpass bitcoin... Not a fucking chance you must be high or stupid....This is why I hate working with tech guys at my office.. you all think you have a grasp on business and marketing but are so fucking clueless.... Guys, please don't let your sentimental attachment to the old name cloud your judgement. Darkcoin would never gain traction outside of dark markets and nerds. When I brought it up to anyone outside of crypto, people had immediate negative reactions to the name. It makes sense to us, but for others dark= bad, criminal, evil etc.
Bitcoin is barley outside nerds and DNMs.... so why not cater to the people actually buying it... you all keep acting like theirs a chance to surpass bitcoin.. THERE ISNT... if you cant understand or stomach that, well Fools are meant to part with their money That is the reality. The hope is to get a part of the marketshare in anonymity. Darkcoin/Dash is not going to surpass Bitcoin, end of point. What Evan and his totalitarian rule is doing now, is decreasing the chances of Darkcoin/Dash being used as an actual anonymous crytpocurrency within the crypto community, which is the only hope that Darkcoin/Dash would actually thrive. Believe me you all will curse this idea and day you made this switch thinking you were gonna go capture a market cap when your about to loose the brand loyalty and market cap that Dark got you in the first place... You can say fud or whatever you want but when people see real community contributors and devs with their dicks caught blowing in the wind because someone went behind them and made a major change that was consulted and approved by all...well its never something anyone wants to be apart of Ill be shutting down my 4 master nodes when I get home from work today and liquidating them...some peice of me thought you might see the errors in your way but its obvious you all haven't and wont... Also its obvious you don't see what was so wrong and why so many people were mad with the way this all was done Funny you say all that considering nothing is final and whether to go forward with the name change will be decided by the community. https://darkcointalk.org/threads/rebranding-followup.4266/But feel free to ignore the update and dump... cheaper coins for me.  |
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Bump for clarity. As the post says, nothing is final. I for one welcome a re-brand, although I think right now is not the right time for it. And this is the reason you don't panic and dump all of your coins. The communication was very poor, but NOTHING is final and all Evan wanted to do was to open up a formal rebranding discussion. NO dictatorial decisions have been made. Time for a buyback I suppose... |
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Blame Vertoe for selling part/all of her/his/its stash.
No, i blame the very very poor communication both internal (dev team) and external (towards community) . Agree. Random members of the community aside, for core devs and other essential members of the team to have not been consulted is ludicrous. This seems to have been a decision made by foundation board members and Evan exclusively. And THIS is what I meant when I posted that Darkcoin has always botched PR and other public relations... |
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It is hard to make the claim that the general public will in any way confuse a laundry detergent for a cryptocurrency. Also, there are numerous other uses of the mark DASH which haven't been contested by P&G.
We consulted with attorneys to ensure that we are able to rebrand this crypto to DASH without issue. We've taken the initial steps towards a rebrand, but there is still much more to do.
I should bring up a situation that I came across which highlights the need for a rebrand. I was at recently at a dinner with the CEO of Expresscoin (whom added Darkcoin months ago as per my suggestion). He directly informed me that he'd been getting pressure from his investors to drop Darkcoin as they were worried about the legal scrutiny it could bring Expresscoin. I asked him to hold off for a bit before doing anything as there would be some announcements made, to which he agreed. So as you can see, Darkcoins problems are a lot like racism. You show up for endless interviews and everyone seems nice but you can't understand why you never get hired. Evan has done a fantastic job of pushing out features which are important to users and will clearly lead to consumer adoption. The problem is that this is meaningless if there is little to no adoption on the merchant side. A rebrand helps balance this issue.
With a rebrand we can reach out to industries that previously wouldn't consider using Darkcoin due to the fact that Dark is often associated with something sinister. A good example of this is the medicinal marijuana industry. They have massive problems because MMJ is illegal on a federal level but not on the state level. As a result, banks are completely unwilling to work with them. This industry is desperate for a solution and using crypto / DASH should be an easy sell, creating a HUGE opportunity for us. However, consider this: As a dispensary whom already has considerable legal scrutiny, would you be willing to take a risk and start doing business using a cryptocurrency named Darkcoin? This shows how important the brand is, and how we really need to consider what is on the horizon and where we want to go from here.
Bump. This has changed my mind a bit. I am assuming you are on the foundation board? |
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Rebranding...huh.  To be frank, I am not completely sure about this. The fact is that controversy also brings attention and I am not sure that DRK doesn't need a whole lot more attention before it can be seen as a success. I am not going to make a big deal out of this as it is already decided -- I will just say that if this rebranding is going to succeed there will need to be a lot of organized PR (foundation organized) with everybody on the same page. Otherwise it will just turn into a big, confused mess. I have faith in the team, but if there has been one achilles heal of the Darkcoin project it has been unfocused, unorganized PR... As for the scalability idea, it sounds really awesome. I just hope current developments are seen all the way through to mainnet (speficially masternode blinding) before something of that magnitude is undertaken. My 2 duffs... |
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Yeah if the only goal was to be the most anonymous coin then Monero would probably win, but as Tok has explained on many occasions, "most anonymous" does not nessesary mean "best coin". DRK offers vastly improved anonymity over Bitcoin amongst other advantages like instant confirmations.
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No problems, your solution is perfect, scrap the most innovative crypto in history with the largest anon community and marketcap just to appease a small minority of trolls...
Actually, it is just bitcoin with coinjoin on top. Blockchain.info has implemented this feature long before. *snore* Wake me up when you have actually traced a Darksend transaction from sender to reciever. Anybody (trolls included) can post wall of text. |
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