I think I'm in favor of hard-forking the network to make Darksend transactions completely free. So there will be no fees to track at all. Instead of the miners, they could pay either the masternode network (the one you connected to even), the development fund, foundation fund, etc. These payments would be passed to the masternode and could be cashed later to avoid timing analysis. Another upside to this is it's impossible to do in Bitcoin and the fees could be MUCH lower than 0.0125. Thoughts?
making things more affordable for the enduser is always a good idea. But I don't understand, you want to make darksend transactions completely free, yet pass payments to the masternode network? Are you talking about voluntary fees? If something becomes completely free, doesn't this enable DOS attacks? I have always looked at fees as some sort of DOS hurdle, so that it would cost a fortune to flood the network with millions of transactions. |
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[...] Embrace the name, love it and others will love it too   The name Darkcoin is one of the main reasons we have been successful so far. It ignites debate and keeps us relevant, the media likes stories that sell and Darkcoin gives them just that. Passion positive or negative is good, indifference is the enemy. Yep, nothing mobilizing the masses more than when they can "hate" something. But when they realize that it actually helps them, they change their mind. Because there is only one thing stronger than hate, and it's profit. If Darkcoin becomes eCash, everybody will profit, even the bad guys. It's like when "horse money" gets replaced with "automobile money". |
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After this run, a new generation of bagholders will be created. Don't get me wrong, i love DRK, but what is with this sudden rush ? Please don't tell me that it happened because of the technology, because everything that happened in the past with the price can contradict your arguments. To me it looks like some people found about drk from all of these TV channels, rushed in to participate at a "second btc train story", not knowing that in the end they will get crushed by all of these whales that made over 30-40% in profit (or maybe even more in the near future).
Also, there's another problem with DRK in a sense that everyone thinks that it will be the greatest thing that happened to the dark markets. Dark markets are being shut down not because of BTC's semi-anon technology, but because they are still requiring trust. If you are trading real objects ( drugs, hdd's etc) and not virtual ones, then you will have to specify an address for delivery (duh!). Guess how easy it is for FEDS to participate in these markets, posing as drug dealers or anything else (duh!). Show me a story where the FBI managed to destroy dark markets because of the BTC's inferior anon protocol.
Although this is the greatest altcoin, my opinion is that it should get a name change and start being marketed as a currency that has the option for anonymity if necessary and not as "Darkcoin", which links directly to the dark markets. This way it would have more success to the general public. Not to mention that it could get even more traction because of the InstantX technology.
Maybe what i wrote in here didn't make any sense to some people, but guess what - DRK's price history doesn't make any sense either.
I totally agree here. I love the technology and brilliance behind DRK but I truly feel the name Darkcoin is going to forever diminish the possibility of mass adoption. I know this has been an ongoing argument for a long time but I think it really needs to be addressed. Case in point... I told my wife I was changing my mining rigs to mine Darkcoin. Here first reaction was, "You better not be doing anything illegal". She knew nothing about the coin at the time and based on name alone, assumed it was illegal. This is the mentality our community will struggle against forever unless the name is addressed. Now once I explained the technology behind Darkcoin to her and she got over her initial suspicion she told me it sounded like a good coin but also reiterated her point of the "dark" context of the name. Watch this (click GIF to go to youtube)...  ...and replace Dark Knight with Darkcoin, and you will understand why people don't get what they deserve but what they need.Darkcoin is needed in a world where governments spy on their own people. Isn't it strange that people complain louder about darkcoin's name than NSA eavesdropping. Darkcoin will be hated as long as people love their servitude to government. But anyway, Darkcoin can take it.  |
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What does Instant TX look like, compared to other cryptocurrencies?  We have a clear winner  |
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I think you're missing the critical part of what's happening. When a client receives a transaction lock, they have cryptographic proof that 10 masternodes signed off on the transaction in question. That also means that the masternodes didn't detect anything funny happening while observing the network during the transaction and that afterwards, no other transaction with the same inputs can possibly enter the pool. It's basically a guarantee that the transaction will end up in a block, so the client will show X confirmations instead of 0. It'll still take 2.5 minutes per block confirmation as they normally happen. When block confirmations > instantxdepth setting, the client starts showing the actual block confirmations.
Thanks for the explanation. |
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I don't understand where those 6 confirmations came from. Your commentary suggest that you explicitly expected not less or more but exactly 6, even though there were no 6 new blocks, nor 6 masternodes, so this number seems to pop out of thin air. 6 block confirmation is considered to be a fully "confirmed" transaction. So if an exchange wants to allow deposits with instant transactions, they could set it to 6 and their systems will recognize it as confirmed. Alternatively, a vendor taking money by default will see 1 confirmation and know the money is safe (without the --instantxdepth parameter set). Awesome work, evan. If I understand you correctly an --instanttxdepth higher than 6 is not possible, right? Any additional number of confirmations will slowly come from the miners confirming the transactions. But it will never be possible to do an --instanttxdepth = 100. People will be able to set values from 1 - 6, but not higher, right? Please correct me if I am wrong. It can go much higher. But would take longer, cost more? Or what's the catch? Why would someone want to go for something higher than 100% confirmed? |
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Also, what would be the interest of doing a instantxdepth = 1?
Because 99.9% of the time, that's all that is actually needed? 6 confirms being the standard is just a number someone once pulled out of their arse and it has become accepted, I don't think there's any concrete reason for it. Well, I don't think it was pulled out of their arse, it's just that it's pretty darn close to zero probability that someone could fake 6 blocks in a row before someone else realized what's up. |
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I don't understand where those 6 confirmations came from. Your commentary suggest that you explicitly expected not less or more but exactly 6, even though there were no 6 new blocks, nor 6 masternodes, so this number seems to pop out of thin air. 6 block confirmation is considered to be a fully "confirmed" transaction. So if an exchange wants to allow deposits with instant transactions, they could set it to 6 and their systems will recognize it as confirmed. Alternatively, a vendor taking money by default will see 1 confirmation and know the money is safe (without the --instantxdepth parameter set). Awesome work, evan. If I understand you correctly an --instanttxdepth higher than 6 is not possible, right? Any additional number of confirmations will slowly come from the miners confirming the transactions. But it will never be possible to do an --instanttxdepth = 100. People will be able to set values from 1 - 6, but not higher, right? Please correct me if I am wrong. |
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Good point. Dealers are like missionaries, going to schools etc to try to create the next customer base. Dealer: "That guy looks like he had a crappy childhood, a perfect new customer..." |
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********************* Amber Alert - Alan Greenspan ********************* Major stuff from him. they cut this out of the transcript of his comments at the Council on Foreign Relations Greenspan: "Gold Is Currency; No Fiat Currency, Including the Dollar, Can Match It" See 2:40 Greenspan: "If you look at the data, with very few exceptions, all of the developed countries have gold reserves. Why ?" Interviewer: "Well I imagine right now it's because of a question mark hanging over the value of fiat currency - or the value going forward". http://www.youtube.com/watch?v=Oz4-Tru_30ATIC Report: Look who's carrying the most worthless US bonds = happens to be the same people that have been hoovering up all the world's gold for the last 4 years. Greenspan clearly knows this and knows what they plan to do and why. http://www.treasury.gov/ticdata/Publish/mfh.txtmmmmhh, gold.... my third most preferred form of money.  |
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I'm not blaming Darkcoin. I'm saying if you're anything of a decent human being you don't think a site selling Class A drugs to anyone and everyone is "good news". And certainly not good news because the value of your fucking cryptocurrency increases.
What's so hard to understand about that?
My 2 cents: 1) Much like the silkroad has taken all the drug related violence out of the business by giving users the possibility to buy drugs online, (without the dangerous hassle of going to some psychotic guy waiting at a dark streetcorner in some fucked up neighborhood, while running the risk of having a confrontation with police...) darkcoin can build on that success and help create the next step in this necessary process of truly helping drug addicts. The possibility of ordering drugs online is a very positive thing, because it reduces violence, and creates more safety and reliability. (You think some street dealer cares about his reputation? He'll try to abuse whoever is forced to deal with him) I am 100% sure that many drugdealers HATE it that you can now buy drugs online anonymously from some remote part of the country. Drug producers on the other hand welcome darkcoin, but not the dealers themselves. I therefor imagine a world were this middleman called dealer disappears completely.Isn't that just another middleman that abused his position for so many years and whose time to disappear has now come? I have known some dealers in my life and they were all sociopathic pieces of shit. It delights me to imagine a future where those assholes don't exist anymore. Instead we now have a decentralized system that brings together drug producers and drug users. Isn't that brilliant? Isn't that what this is all about? Enabling a free market while reducing violence? So watch out when you read headlines like "Darkcoin used by drugdealers". Because that's exactly what is NOT happening anymore. Drug prohibition is an inhuman thing anyway, and it fills me with joy that the mess created by stupid government laws is slowly being offset by decentralized technology. 2) If your money of choice can't be used to buy drugs or pay for sex etc... what good is it anyway? And how exactly would such things be prevented? By having government approve every transaction first? Money doesn't stink, and when it comes to price discovery all "sinful" (lol) morality goes out the window. I for one welcome any "illegal" activities that use darkcoin and hope that in the near future some large porn producers start accepting darkcoin, it's the next logical step. Disclaimer: I condemn any form of violence. So when I say "illegal" activities I include all the things that government arbitrarily declares illegal. (how can it be illegal when those things don't represent a violent crime that creates a victim.) |
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The biggest issue we are having is the fact that DRK is a one-man team. I know the team is bigger than just Evan, but Evan is the only person that brings actual skills to the table (no offense to the other team members). He is really fast and he works really hard and he is a genius, but in the end, it is still just 1 person. If you look at some other projects, you will notice that not only they have tech improvements, but they also have nice websites (DRK's is really ugly and amateurish), good communications (could be better with DRK), beautiful wallets, good infographics and road maps, marketing, etc. The size of the team is the biggest threat this project is facing, Evan simply can't do it all. I'm hoping this will be dealt with as DRK gets more exposure and popularity.
I agree and am faithful that the right people will come together sooner or later. Should DRK rise some more we could simply pay for a nicer website/campaign. It's not so much the design or communications that bothers me, but rather the unique programming skills evan brings to the table. It's where he most of all needs backup. Not that he needs help, but what happens to the project if he - for some godforsaken reason - can't continue the development? PS I am still trying to master C++, lol, might take a few years.  Where is camosoul, I need to tell him how important C++ is!!! |
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Georgem I sent you a tip for old times sake, because I still think about those Bitcoin Bums from time to time...
We are still in the good old times. They never stopped.  You think I'll miss this party? Thank you. |
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Hello Darkcoin my old friend,
I've come to talk with you again...What an awesome day for darkcoin. This is exciting.
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...affiliating...
Exactly. Porn has always had a very large affiliate network. Also, what I want to see is porn advertising networks that use wankcoin. So that affiliates get payed in wankcoin, but you can also use wankcoin to pay for ad space. Some porn advertising networks I know are: www.juicyads.comwww.plugrush.comwww.exoclick.cometc... those are all marketplaces where publishers and advertisers come together to sell/buy adspace. |
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niiiice!
this is a big deal, i'd imagine that the amount of people that want to buy porn without credit cards are pretty much the majority
Not sure of that one tbh. The number of people who want to BUY porn, i don't understand why anyone would want to buy porn if its freely available all over the internet. WKC and coins like it are generally here to cater to an elite crown who actually pay for porn, that is where i see a future for this coin. Also, old timers who would not like to use a CC or Debit card will be benifited greatly by porn crypto. There are many reasons to pay for porn: especially if you want quality and exclusivity... 1) Quality. All those free youporn/xnxx sites etc have really horrible video quality. 2) Exclusivity. No cam girl (you can talk and chat with) will work for free, you obviously NEED to pay for that, and wankcoin is perfect for that. 3) much like Fans of music stars, there are fans of porn stars. Savvy porn stars have always known how to bank on that. ... the porn industry needs to adjust and explore new ways of content creation and distribution. |
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But it's not about what other board to use. Every coin has its own board. It's about representing devcoin here in the BCT forum. We need to do that, for new people, we can't just let this thread die. |
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Hey all,
Scooby has found the issue with pool, it has been corrected and is catching up now.
Should have some more news for everyone soon!
Greg
Very good. Thanks for the update. |
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Excellent. Finally we get to see you talk! And mentioned as one of the top 10 speakers. Not bad! |
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