This one looks cool.

that's pretty sweet

I totally agree, The Simpsons are a classic.  Would you believe I remember when they first started out on the Tracy Ullman show?  LOL  It pays homage to that and of course Mr. Duffield

As far as I understand this,
https://bitcointalk.org/index.php?topic=421615.msg6039340#msg6039340

- any node could be master node(Won election, and hold 1000DRK)
- election code will be in main client 




As reward will be given automatically, change of p2pool's subsidy function will be needed.




p2pool-drk has 32 nodes.

I don't think a p2pool requisite is viable option.

Run normal client holding 1000 DRk VS Run normal client plus p2pool(require a lot of setup)

Darkcoin network has 7 major pool(including p2pool).

http://drk.poolhash.org/poolhash.html

As i understood the cost to run a masternode will be 1000 DRK .

1000 DRK is way too high, i understand you ambition but it would eventually prevent a healthy amount of masternodes.

I would host masternodes worth 2000 DRK, i even have the option to provide different IP geo locations, if one masternode costs 1000 DRK to run i can only host two with my budget. NSA can host thousands!!!!

Please consider that there indeed should be a monetary hurdle but it should be considered really, really carefully. Because probably the advantages outweight the disadvantages from lowering the monetary hurdle.

I really want to urge you to double think about that! 150 - 500 DRK should be much enough to host a masternode!

Best Regards,

The next stage of DarkSend

The design of Darkcoin is all about economic incentives, I've tried to bake as much of that in as possible. I've been thinking about the reliance on master nodes in our new design for securing the network and I see some room for improvement.

With the current design we will require 1000DRK to operate a master node. That requires you putting 1000DRK in a hotwallet (dangerous) only to collect the collateral fees which won't amount to much.

So what do we want?

- We want as many master nodes as possible (the more nodes the more secure the network)
- We want them to be profitable to run
- We want it to be very expensive investment to operate a master node

So I propose the following solution, each block the last master node will receive 10% of the mining reward (in addition to the reward given to the miner). So for example, if the mining reward was 19DRK the last master node will automatically receive 1.9DRK.

This also has some really great side effects:

- It creates a completely new type of investor that buys DRK and holds it (where as miners create dark coin and sell it for the most part)
- It adds a ton of full nodes to the network
- It creates demand and scarcity, which should provide a nice return for our investors

Also, these payments are completely secure. New blocks with the dividend payment made out to the incorrect master node will be rejected (the whole network knows who won the election).

At the present moment we have a chicken and egg problem. We need master nodes to support darksend and we don't want to go live with 1 or 2 master nodes. To solve this we will implement the election code into the main client, along with the payments to master nodes while DarkSend is still beta.

What type of return will you see?

- If there’s 1 capable master node, you’ll receive all payments 576*(AverageReward/10) per day

Capable Nodes, Daily Reward
1, 1094DRK
2, 547DKR
5, 218DRK
10, 109DRK
20, 54DRK
50, 21DRK
100, 11DRK

As you can see, we’ll quickly reach equilibrium with the price and at the same time this will create buying pressure raising the price more and causing the network to become increasingly secure.

I really love the idea, thoughts?

inkcoin-qt>minerd -a ink -o stratum+tcp://cryptowins.com:9372/ -u 1ESUSvGj4rHHZChLGCSbGKnYNo7HwaZtaJ -p X -B
Try `minerd --help' for more information.

help???

what i do wrong?

nxt-e.com is enough. what we need now is a pool. POOOOOOLS!

Doesnt work.

Be realistic please. First of all selling pressure must vanish. Barely it cannot happen till mid-April, most likely in summer. We do not know who are the devs do not fully deny the possibility of possible change, that can also take time. So if one cannot keep hold of his stake for reasonable time, well it is still possible to play hype - market will decide about that. There will be a lot of tricks also with this market in near future (if it sustain at all). But if one is playing tactically then it is simple - vote for every exchange you can, do not show the coins, wait until firm demand on some stage you think the coin can achieve and.... strike all your deposits at the buyer's head. But hardly it will happen. There will be a lot of kiddos on every market waiting for the moment whenicanearnmyfirstsatoshiandbuymyfavoriteshitcoinonthem. Hope the price will fall to 1 satoshi then I will buy all the fair quarks. For joy.
   
(I have some suggestions about the logo but later. Imo every (_|_) is tired a bit of photoshop logos. Let us make something more realistic. Also the logo without a legend and slogan cannot exist. Also it must include date. Also all the symbols on the coin must have meaning. Also the font must be another. Everything else is nice)

https://twitter.com/FairQuark/status/433665591954530304