how many devs SDC has? Are they full time?

************* Amber Alert - Bitcoin Hashrate ***************

For a while now I've started to become aware of an emerging "elephant in the room".

Everyone is so obsessively fixated with price that the world of cryptocurrency may have completely forgotten what constitutes value. The Darkcoin community is more aware than this than most because we have witnessed an almost perfect inverse coupling between price and value in our investment. 6 months ago, when Darkcoin didn't have 1000 masternodes, didn't have RC3 complete, didn't have masternode payments in place, didn't have background anonymisation of the *entire* coin supply and didn't have the prospect of instantx, its value was 5 times what it is now.

Similarly, Darkcoin's "mothership", Bitcoin has witnessed a collapse in its value to 25% of its ATH while a massive infrastructure explosion has taken place around the world in commercial, technological, promotional and regulatory sectors.

The real elephant in the room that's emerging throughout this though is the fact that Bitcoin's value is being expressed, but as hashrate, not trading price.

The Bitcoin hashrate right now is nothing short of absolutely f*cking phenomenal. 320 Peta Hashes with something like 800 Terra hashes PER DAY being added.

In monetary terms, that's around 1.2 Million Dollars PER DAY worth of mining power being put onto the Bitcoin network. In a year, you're talking about a third of Spanish GDP worth of mining power being put onto the Bitcoin network.

Folks - this is the elephant in the room. Bitcoin's value IS going up. Value is being ploughed into the currency like there's no tomorrow. It's only a matter of time before this starts being reflected in markets and when it does, top rated alts will benefit as well IMO.

To put that into perspective, Darkcoin has 0.72 Gigahash of mining power on its network. Bitcoin is adding 1100 times that EVERY DAY on average. Not only that, the rate at which mining power is being added itself is increasing.

Nobody seems to be aware of this growth - least of all this idiot: http://www.youtube.com/watch?v=GYJdOiLqSxE

Look at the number of views this fantastic summary has even though it's only 3 weeks old - barely more than 500: http://www.youtube.com/watch?v=-_io3WQtTCI&list=UUiO-xF1LptwIJlyTwF5mWUQ&index=5

It's the canary in the coal mine:

https://blockchain.info/charts/hash-rate

Have a look at this chart (sort by descending hashpower) - Bitcoin, as far as mining power is concerned, has left the pack in the dust. The nearest competitor for hashpower is not even 1 terrahash. The alts are non-existent compared to Bitcoin as far as network security goes.

http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc

Although many people say that hashpower doesn't matter as long as you've got "enough", it surely does matter when you've got 1 third of the GDP of Spain being invested in it annually (and increasing daily).

We must prick our ears up and embrace a heightened awareness of this phenomenon which is incredible IMO.

Darkcoin + multisig/escrow = silk road 3.0

I know but nothing has been tracked, coins will have been seized.
If they were using DRK, DRK would still have been seized.

ECB president Draghi is speaking live. He is warning about the EU growth or lack of it, I should say

Expect BTC price increase

Puffin the magic dragon  
It's publicity, tho I don't know if that's the way Evan wants to see it go.

This would be like a perfect dream.

There have been some talks on the subject elsewhere (Can bitcoin survive without the Internet?, Nick Szabo: "Reliable & secure P2P broadcast crucial to block chain protocols. Radio more secure than simulated broadcast on Internet.", and [BitPool] Mesh networks to bypass ISPs, for example) and although this seems to be a very important subject no final solutions have yet been brought up.

The point is that in case of a major Internet failure (caused by wars, natural disasters, corrupt governments, etc) the blockchain would become "hostage". The idea is to have a "backup network"  in wich Darkcoin could function: An indepentent mesh network to coexist running in parallel with the Internet, but with its own infrastructure.

Maybe the Masternode technology will finally make it possible.

Does anybody know the exact dates/block heights at which the masternode payments percentage increases?

I'm sure I saw it on here before but I can't find it now.

int64 GetMasternodePayment(int nHeight, int64 blockValue)
{
    int64 ret = blockValue/5; // start at 20%
...
    if(nHeight > 158000)              ret += blockValue / 20;  //25.0%  - 2014-10-23 
    if(nHeight > 158000+((576*30)*1)) ret += blockValue / 20;  //30.0%  - 2014-11-23
    if(nHeight > 158000+((576*30)*2)) ret += blockValue / 20;  //35.0%  - 2014-12-23
    if(nHeight > 158000+((576*30)*3)) ret += blockValue / 40;  //37.5%  - 2015-01-23
    if(nHeight > 158000+((576*30)*4)) ret += blockValue / 40;  //40.0%  - 2015-02-23
    if(nHeight > 158000+((576*30)*5)) ret += blockValue / 40;  //42.5%  - 2015-03-23
    if(nHeight > 158000+((576*30)*6)) ret += blockValue / 40;  //45.0%  - 2015-04-23
    if(nHeight > 158000+((576*30)*7)) ret += blockValue / 40;  //47.5%  - 2015-05-23
    if(nHeight > 158000+((576*30)*9)) ret += blockValue / 40;  //50.0%  - 2015-07-23
    if(nHeight > 158000+((576*30)*11)) ret += blockValue / 40; //52.5%  - 2015-09-23
    if(nHeight > 158000+((576*30)*13)) ret += blockValue / 40; //55.0%  - 2015-11-23
    if(nHeight > 158000+((576*30)*15)) ret += blockValue / 40; //57.5%  - 2016-01-23
    if(nHeight > 158000+((576*30)*17)) ret += blockValue / 40; //60.0%  - 2016-03-23

    return ret;
}

https://github.com/darkcoinproject/darkcoin-binaries/

Official site has also downloads but it seems to be down atm.

here educate yourself

""The fact that 44% of respondents who had bought drugs online said they'd done it for the first time recently says to me there is growing recruitment," he said. "It is currently a minority way to get drugs, but it really mimics the growth in e-commerce – we buy things online becuase it is convenient, cheap, and there is a better product range.""

http://www.theguardian.com/society/2014/apr/14/drugs-uk-more-legal-illegal-bought-online-survey

I've just replied to my helpdesk ticket and asked if it'd help if I got one of the senior devs to get in touch to see what the trouble is!  I'm sure flare could sort it in no time...

Cryptsy DRK wallet has been unavailable for withdrawal for days now.  This is starting to worry me.


Perhaps we should ask if they need some help from a dev?

You telling me you played the first 1999 UT? Damn I played TDM and duels for years online, best game ever. Memories come back when I think about it:)

not many are daring to short at these levels (0.005), I think we have a bottom
and I'm curious what will happen to the price in December, after this

why would they pull out

Zerocash extensions can accommodate various choices of balance between accountability and privacy.

For instance, there are promising techniques for preventing money laundering without violating the privacy of legitimate users (e.g., CHL06). Roughly, the idea is to build the cryptographic protocol so that, once the total amount paid between any two users (over any number of payments) exceeds some public threshold, the payments are not private. Zerocash could incorporate such techniques (though the initial prototype does not do so).

More generally, the underlying zk-SNARK cryptographic proof machinery is flexible enough to enforce a wide range of policies. It can, for example, let users prove that they paid the taxes due on all transactions, without revealing those transactions, their amounts, or even the amount of taxes paid. As long as the policy can be specified by efficient “nondeterministic” computation, it can (in principle) be enforced using zk-SNARKs and added to Zerocash. This can help to verify and enforce a wide range of compliance and regulatory policies in manner that is non-invasive to privacy. Morever, once codified, policies will be enforced even in the presence of corrupt employees among the authorities.

i've had this same type issue a few times. after i cancel it and retry it it always goes through. for some reason it doesn't ask for a password on the second try though. at some point (after instantx?) we need to harden the code and fix all the little bugs.