Up until now I'd just been assuming that XC was garbage, but having spent ten minutes or so reading what I can on it, I am genuinely amazed. XC has nothing. NOTHING. Ahahahahahahahahaha... FUCK ALL ...except some vague promises that one day, if you donate them some money, they will have... something... It boggles the mind. Welcome to the paradigm shift My paradigm has been shifted so hard I now have ab cramps from laughing. So, so much this! I've been giggling on and off for 5 hours now. Then I found this site: http://www.robietherobot.com/buzzword.htm and noticed it makes use of both "mesh" and "paradigm". So I thought, what are the odds I could make a coin ANN using nothing but phrases generated by that site (with a couple connecting verbs, etc) and just how successful could it be?
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The only reason its down so much is because the hardfork didnt work out and word spread. Now theyre jumping on a certain other crap coin that promises to be the next big anon coin. But I say there will be interest as soon as this next hardfork works out and dark takes another step.
snip Anything insightful you might have to say carries no weight and will be ignored by myself and many others, due to your completely out-of-line banner on the previous page. Edit: and also the other mindless drivel you've posted over the last day(s).
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Probably a naive assumption about the MN servers & versions' issues: can MN with the latest version just agree to ignore (blacklist) the MN with previous versions? Well, it wouldn't be the Masternodes, it'd be the network, but I believe it should be possible.
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I have a hunch that a lot of the price dropping and selling is by smaller investors like myself. Not trying to be a troll but reading this thread lately one gets the impression that the main purpose of DRK existing is to make money for master nodes. That's really a turn off (but I'm still holding for now).
I understand that they're needed for the coin, and their implementation is where the whole DRK project is at now so it makes sense that the talk is all about master nodes. But combine the impression someone gets by casually browsing here with the fact that MN payments were just doubled (did they even run long enough to get an idea that 10% wasn't enough?) at the expense of miners and you can see the conclusion it's easy to come to.
I think just running some numbers can tell you that 10% is not enough. I've been in favor or going to 20% for awhile now (the timing is a bit odd though). At reward 5: 5 X 576 = 2,880 coins/day 2,880 X 0.1 = 288 coins for masternodes If you want 1,000 Masternodes (for example), you're already down to around 100 coins per Masternode per year, which is not very enticing in the wild crypto game of life. And also, re. DRK existing to make money for Masternodes: I'm of the opinion at this time that what's good for Masternodes is good for every DRK holder. If masternodes are desirable, more will be bought, which in turn means higher prices for everyone, including those that don't have 1,000 DRK. Within reason: I don't think 100% of rewards going to Masternodes would be good for DRK, obviously, but going from 10% to 20% is definitely going up the scale of what's good for DRK, not down, if that makes any sense. All IMO, of course; for me, the cutoff where it starts hurting DRK would be somewhere around 30-50% of rewards (including more negative perception we'd get from that, not to mention there'd be big incentive to run Masternodes, leaving little liquidity to do private money transfers, which is the whole point of DRK, right?). << holy run-on sentences
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I've been thinking through various scenarios about the cold storage method via using a signed message. I even considered whether we need authentication at all (as in, if you'd just let the MN start with "Here's my pub key", what motivation would someone have to run your MN for you? But it would be an attack vector with malicious nodes misbehaving, etc., so I concluded that's not a wise idea). A simple one-time signed (random) message wouldn't work either for authentication (for a cold wallet) because someone else could just present the same signed message as their own, putting us back to not having authentication at all (as described above). But what about this?: A 1,000 DRK address wants to create a masternode, so he: 1. Signs a message "I want to create a masternode. I have 1,000 DRK, as you can see. Oh, BTW, my desired Masternode public key is *newly generated DRK address*" This message would get stored, *permanently* in a "potential" Masternode list. 2. Exports the private key corresponding to the newly created MN public key above. 3. Takes his 1,000 DRK wallet offline. 4. Imports the newly generated private key to his Masternode candidate. 5. Starts Masternode as normal, with no real worry about someone discovering his private key, as that would just take us back to the (undesirable) no authentication described above. There would be little reason (that I can think of) to do garbage collection on a list as described above, as you could only add to it with a 1,000 DRK address. So in my view, an entry should stay until either: 1. The originating private key requests it be removed. 2. The originating private key requests it be updated to a new address (if someone managed to hack your Masternode and you wanted to return to a valid authenticated state). 3. The network detects that any of the 1,000 DRK have been transferred. If any of the above were to occur, the network would immediately reject the validity of any Masternode using the public key defined in the message. This seems pretty simple and elegant to me. (or is this what has been planned all along and I'm just stupid?)
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So, who wants to talk about DRK?
We should start a speculation thread. Would be a good way to gauge sentiment. I think coins101 does a pretty decent job of that. More is better though, right? There already is one? Well, voting threads speculating on price @ X date. I'm not sure if there was much discussion or not though.
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So, who wants to talk about DRK?
We should start a speculation thread. Would be a good way to gauge sentiment. I think coins101 does a pretty decent job of that. More is better though, right?
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So, who wants to talk about DRK?
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Let's go "whale" hunting together!
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Top 100 nr 35 and nr 69 looks like forgotten wallets...hmmm 127 days 23 minutes last change
Probably cold storage. I definitely know of a guy who lost around 10k DRK via formatted SSD. My guess that'd be #69, or more possibly #49
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OK thank you. I will change the logo now Also, there's the whole "Scrypt Proof of Work" thing.
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I will send an additional 250 LGC to the address in your signature, if that's ok. Edit: sent.
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Whew, been reading this thread page by page on and off all day. However, I was on my phone and not at my computer, so never even started up my wallet (I'm also not running MNs presently).
Came home, downloaded 0.9.4.11, fired it up. All appears fine, assuming current block is 75323. I guess I missed the whole thing.
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1501 pages, over 30,000 replies now!
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With only 10 million coin in existence, we were able to get a few generous donations for a few bounties. Blog Posts & Articles about LOGICOIN = Reward 250 LGC(Website must have a minimum 100 visitors a day with requirements: Must have a minimum 400 words. Must add our logo and link to www.logicoin.info & our reddit page. (Articles before May 24th are not accepted.) Reddit Tip Bot - Reward: 1000 LGC LGC Video - professional youtube or vimeo video of Logicoin - Reward 500 LGCTranslations of our Bitcointalk page = 250 LGC EachMust be a translation of our LOGICOIN page on bitcointalk and other forums, posted on the language threads. (Languages before May 24th are not accepted.) -Chinese -Russian -Polish -Spanish -German -Greek -Italian -Dutch -French -Korean -Japanese -Thailand -Vietnamese POOLS - Reward: 500 LGCWell known trusted pools ONLY. We will review and accept accordingly. Help miners mine logicoin on your pool. Can not be an existing pool. Donations towards bounties can go here: LeAhvQ8jBbbzttVAGKfLi5JJQjgK8TVGGj Thank you very much for your generous contribution to the logicoin community, lets keep those votes coming on mintpal guys! https://www.mintpal.com/voting#LGCIs there a bounty fund we can donate to? As for the above bounties, consider them doubled. godwits, if you'll let me know when/if they get completed with the appropriate address, I'll match these amounts.
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[23:14] <Dark-Bot`> luigi1111: 1.0045 DRK @ 0.02540001 DRK/BTC (source:mintpal) = 0.02551431 BTC / $13.37 USD (source:bitstamp)
Wheeee. (stupid bot...I tried)
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congrats to luigi on quickly become the biggest lgc whale!!! only about 70K more to go. should we still call you luigi or mr whale? lol, I'll let you know what the right title is later on. let us know when you become a whale on http://chainz.cryptoid.info/lgc/#!rich Getting closer e'ryday. Edit: someone just bought up to 4k.
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congrats to luigi on quickly become the biggest lgc whale!!! only about 70K more to go. should we still call you luigi or mr whale? lol, I'll let you know what the right title is later on.
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I know Warren Buffett isn't a friend of Alts - but he did give some good advice that is applicable here - he taught to buy the market leader in each niche. For anonymous crypto that is currently DARK. The others like Monero are far behind, and even if they have good ideas, either other competitors will beat them, or Dark will simply steal their ideas and implement them as well or better (I have a high opinion of the Dark dev). Either way it's foolish to invest in the distant also-rans rather than Dark, IMHO.
You are missing the point. Warren Buffett invested with 10+ years vista. When Warren Buffet bought shares of the Washington Post he lost money, 10 years later he made 380K off the original 10K investment. What we know for sure is, ring signatures are basic for anonimity and Darkcoin is on a clear dead end there. What matters at the end of the day the is the coin's functionality. The only reason Darkcoin has to exist is the anonimity factor, and MRO's tech is based on anonimity only and scalable. Marketing means shit nothing at the end of the day in this business. DOGE just put a Nascar car with their branding on national television and the price is crashing again. What's interesting to me is all I hear is MRO this, MRO that. Why is MRO the de facto cryptonote coin? Why is it better than the others? What does it offer that they don't? It's not the first CN coin. Its market cap is way smaller than BCN's. Of course BCN is no angel either. I just don't get it.
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