Right now, masternodes are functioning.  One is elected each round and if there is a darksend, it does it's work.  The only thing that isn't implemented is paying of the masternodes. Also, we're still limited to under 10 coins per DarkSend, and there is only one layer of mixing.

We are still getting an update to Dark Gravity Wave, which has had hiccups with some operating systems and the issue with having our wallets trying to pick up lightcoin's blockchain should be fixed as well.  This one was why people kept getting their blockchain stuck I believe

People are so used to pumping and dumping of crypto coins.  Darkcoin has been increasing in price at a very steady rate, although it climbs steeply when there is something interesting happening, such as an article that gives exposure or progress on the features.  There is no drama, because a lot of people are being serious with this coin.  You don't get tons of people dumping, and pumping hasn't worked.

So, although we are doing super well, we don't have the drama.  We are mature, we are real.  I don't see a struggling coin at all.  I see one that stands out from the crowd so far, that it can only be compared to Bitcoin itself in how it grew.

You best watch your back around DieCommieScum, LOL

Hi Evan, nice to see you come up for air, LOL

I'm not very crypto coin worldly, please tell me how to handle it 'cause I'm tired of the way I've been doing it, LOL

He gave most of them away.  CHAOSiTEC, whom I also miss terribly, has only 2% of what he mined.  He gave away over 18,000 coins.  All because they believed in the coin AND because they KNEW an isolated coin, that was in the hands of a few has no VALUE!  It's called enlightened self interest.  So unless you believe big coin holders from the "instamine" want to hurt themselves, or the coin, you couldn't believe they still had all that coin.  And it seems, from people studying the blockchain, that nobody held on to the early coins like that.  And I believe that most of the large wallet holders have been identified as exchanges, even which exchange.

I'm so sick of this subject but feel I have to explain each time these FUD spreaders come in, so that newbs have the facts, the WHOLE facts, not the glossy, "everyone is a crook" scandalous facts. https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

Because if you watched the market, the block chain, and have followed what's happened since last January you would know that most if not all those coins have since been given away, sold off, etc... and in my opinion, has made for a far better distribution of coins than mining alone ever could have.  It kept the price low for many months, IMO, allowing for people without much hash power and non miners to be able to buy coin.  I bought almost half of what I have, because the price remained low enough even for someone like myself, out of work for 10 years, and living on a shoe string budget.  I bought over a long period of time, often, heck, each time at the high of that week.  Yet I feel I have done super well.  So even I could put together a couple of masternodes!  Just never go out to eat, I still desperately need a pair of tennis shoes, Mom bought me a hair cut.  Just forgo all those usual things, and I could gather a hundred bucks here and there, over a long period of time and still buy under 2 bucks a coin.  If miners were in control and there were no cheap coins, I never would have had that opportunity.

No, it even seems the big wallets now are exchanges or else they've been growing for some time (in other words, collecting after the "instamine"
)

And the instamine was not on purpose, it was a fu*kup.  An honest mistake of exuberance and sending it to market before vetting it.  Evan was excited, was sure he had it all figured out and wanted to launch it to see what happened.  It's that same exuberance that makes him such a fantastic developer.

And I'm afraid we pushed him away, as he hardly shows up anymore  He's afraid to tell us anything he is thinking anymore because it kept getting him in trouble  I'm sad about that

Actually, with minimum rewards now, it's more like

1, 288
100, 2.88
200, 1.44
1000, 0.288

ETC... Depending on how many Masternodes are created, it won't be much of a cash cow.

^^^ That's what I was thinking, but couldn't put it into words, thanks LimLims

I understand what you're saying, but once the difficulty is high enough to lower payments to 5 coins, it stops lowering.  So hopefully there is enough reward left to fight over and the hash will still be healthy.  I mean, people are still hashing now, and the coin hasn't really even begun to rise to the price I expect it to.??

coding so that any amount of DRK can be DarkSent, and I believe Evan has some sort of improvement to announce??  

Then, I believe, we will get a trusted "white hat" to look over the code and attempt to hack it, "vetting the code"

Then eventually open source.  I'm not sure if I missed a step or two though?

Gosh, I'm not sure what getblocktemplate does?  But just a note, if you compile the code yourself, it will be without DarkSend, as that's still closed source.  All it has is the code required to elect and pay the masternodes, I believe.  Anyway, not knowing what getblocktemplate does, I thought maybe this is the reason???

Yes, I suppose there is some use for us, LOL.  I see a great future here, so it's not hard to be a cheerleader  

User dstorm  on darkcointalk.org says s/he's just about figured out P2pool, and wants to test it out on testnet but unfortunately, it's not working (testnet that is, it's down)

But thank goodness someone is working on this!

And I totally agree, splawik21, this is a great community!  Wish I knew more to help better!

splawik21, maybe there is lag?

Yes, correct, though those numbers are not exact, just rounded ;P

I'm sorry for causing trouble.  I was going by memory, but it's more like 14 million.  What happens is that the rewards are diminished when more people mine.  The more hash rate on this coin, the lower the reward until it hits a minimum of 5 coins.  If we really are at 7 coins right now, I imagine we'll be at 5 in a week or so.  Next year, and each year after, the number of coins will also be reduced 7%.  So our minimum of 5 coins will be reduced more and more each year.  That is what the chart shows.  I always thought it was likely that we'd "hug the minimum number of coins line" as I said back then, and it seems that's indeed what is happening now.

However, we must remember that if this coin becomes less popular to mine, and the difficulty goes back down, the rewards will increase again.  The system is designed to encourage people to mine if mining becomes unprofitable or people leave for whatever reason via the increase in rewards.  It's supposed to find it's own balance and so I may be wrong and people may stop mining and the rewards increased again as intended.  However, if the coins value keeps going up, and it remains profitable to mine despite having minimum rewards, then it will continue along that minimum line.

Well, I'm off a bit, but this chart that was made a while back when the total number of coins were going to be reduced, I just looked at a copy I downloaded to my computer, and it's more like 14 million



Is this still true?  We're about to hit minimum, and I don't see us coming back from that?

Ok, well it seems like your local wallet is not hooking up with the EC2

Have you possibly started your local darkcoind first with a normal start up, like ./darkcoind before doing ./darkcoind masternodeaddr=ip:9999 ?

If so, you must stop your darkcoind, and start it up from the beginning with ./darkcoind masternodeaddr=(ip_of_remote_server):9999

THEN, you need to unlock your local (hopefully passphrased wallet)
Then do the ./darkcoind masternode start passphrase

something got messed up in the steps, we just have to figure out where   I do this all the time, it's common to get a blind spot, sometimes it's better after walking away from it for a few hours

Well, it looks like we're going to hit the minimum coins to be paid, 5 coins per block, very soon.  I believe if this continues, we'll only ultimately mine 11 million coins, no?  The 22 million or so coins originally predicted assumed a much less drastic increase in hash rate.