ROADMAP ?
I am trying to evaluate my DRK investment.
Essential to know this week's, and this month's, and this summer's plans.
As it is difficult to nail down specific dates, it could also be like "probably end of July", or "late next week"; or give dates, with a lot of buffer time.
Is there a roadmap, a list of dates?
Planned announcements, whitepapers, next versions, coin features, merchant adoption, conference talks, press conferences, google hangouts, games, competitions, etc. pp. ?
Thank you very much!
WORLD DOMINATION - 2015 probably |
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going to get my darkcoins out just to be safe any other good exchanges you guys recommend
For trading more than just DRK/BTC (Bitfinex seems to be good for that), I'd still just use MP, though Poloniex hasn't had any trouble in quite some time and adds coins far quicker. They just don't have too much volume. I guess Bittrex is ok as well, I just don't like their interface. Cryptsy, mine are on it and I didn't encounter any problems ever with them. Some people only ever learn the hard way... |
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Something is wrong today, already earned 29 DRK today with masternodes! https://darkcointalk.org/threads/1425/I'm thinking of doing another joint MN, this one with 10 joint owners, 100DRK each, to let smaller holders benefit too. If anyone is interested PM me, I'll start another thread on bitcointalk for it and we can coordinate there... because checking poolhash once or twice a day and seeing your MN get paid feels pretty sweet, more people should have the opportunity!
Why don't you use darkcointalk? LOL, thanks... will edit...  |
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You have to keep in mind that this reversed hard fork was the only way to rescue VRC at all.
If the hard fork wouln't have done 1 person would have had over 30% of all coins existing and the coin would be dead because there the hole trust would have gone. VRC is pos.
if you think that way, they reconstruted trust in the coin itself.
Either way. It's unbelivable that something like that is even possible on a modern exchange.
MP fucked up hard.
Those theoretical flaws with POS coins are not so theoretical anymore, eh? |
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The MN Partnership has been CLOSED!!
I Welcome:
OAXACA
and
TESQUENURE
as my MN Partners
We now have the required funds for a MN and thanx to GhostPlayer, will soon have another MN to add to the list.
WOOHOO!!!
Good luck guys, me and Lebubar are also jointly masternode-ing. Maybe the current difficulty in doing it trustlessly is a good thing in some ways - by working together, trust is established, and communities grow.  I'm thinking of doing another joint MN, this one with 10 joint owners, 100DRK each, to let smaller holders benefit too. If anyone is interested PM me, I'll start another thread on darkcointalk for it and we can coordinate there... because checking poolhash once or twice a day and seeing your MN get paid feels pretty sweet, more people should have the opportunity! |
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Morning folk. Just woke up and got creeped by the MP news. What really bothers me there, is that it was not user account, but MP themselves... so why on earth only Vericoin were stolen? If it was a service exploit, they would have gone straight to BTC, LTC and heck, even DRK.... why Vericoin?  Mintpal are bent. Always have been, they're just smart and subtle about it. They run bot armies price-fixing and shorting the coins that every other fool in cryptoland leaves lying there like it's a fucking bank. This time they screwed up somehow, their gamble didn't pay off, and the vericoin devs are in cahoots with them. Seriously, forking back a blockchain to cover an exchange's stupidity is a horrible precedent. An honest exchange would take the loss and learn from it. Blockchains are not supposed to be fucking time machines to magically repair the screwups of big players. Someone please explain to me how what was done here is different than TBTF. What's TBTF? Too Big To Fail, AKA USA banks circa 2008. Edit: AKA, the most centralized you can get. Ah thanks. I'm not sure it's quite the same though. The exchange model is very similar to the casino model - the house takes its cut, so with plenty of customers, the house makes good money, they don't need to cheat. They always cheat.Why? Because they are greedy fucks and because they can. Anyone can see the rampant bot activity on Mintpal just by looking at the order books for a few minutes. Mintpal thus have to admit to having a 'closed beta' trading API - good luck getting access to it without paying them a small fortune. Basic reason suggests that the biggest users of this 'closed beta' trading API are Mintpal themselves. Since they have mountains of coins that idiots leave on their exchange, it becomes trivially easy for them to bot coin prices up, down or sideways as it suits them, and to long and short at will with other peoples money. Mostly this works, because they are mostly competent and very experienced at this. They make fortunes and we are all none the wiser. In this case they fucked up somehow, and as they probably either had the vericoin dev by the balls because he'd paid a large sum to get listed on Mintpal in the first place, or he was in on their scheme from the beginning - think for a moment who's providing the funding for all these shitcoin launches that exchanges benefit from the frenzied trading on! - they jointly decided to do the unthinkable and FUCK WITH THE BLOCKCHAIN for their own benefit. So, not so much 'Too Big To Fail,' more like, 'We Don't Give A Shit, So Fuck You.' (WDGAS,SFU) |
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Morning folk. Just woke up and got creeped by the MP news. What really bothers me there, is that it was not user account, but MP themselves... so why on earth only Vericoin were stolen? If it was a service exploit, they would have gone straight to BTC, LTC and heck, even DRK.... why Vericoin? Mintpal are bent. Always have been, they're just smart and subtle about it. They run bot armies price-fixing and shorting the coins that every other fool in cryptoland leaves lying there like it's a fucking bank. This time they screwed up somehow, their gamble didn't pay off, and the vericoin devs are in cahoots with them. Seriously, forking back a blockchain to cover an exchange's stupidity is a horrible precedent. An honest exchange would take the loss and learn from it. Blockchains are not supposed to be fucking time machines to magically repair the screwups of big players. Someone please explain to me how what was done here is different than TBTF. What's TBTF? |
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The fact that they are including LTC, given the "" you quoted, is a bit Yea, but they have to provide LTC owners a chance to dump.  Haha, good point! |
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The fact that they are including LTC, given the "" you quoted, is a bit |
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What is happening with Darkcoin ? What are the latest news ? Why the price is dropping again ? What is the deal with mintpal.com and some stolen money and how that is affecting darkcoin?
Darkcoin is the only x-Coin that's reasonably stable as far as I can see. XC - tanked CLOAK - tanked VRC - hacked followed by nuclear detonation by the devs XMR - tanked XDN - lovely, virgin territory. Pump coming soon No FUD - I'm holding all of these except for XC which I dumped. I never expected them to get very far but I thought they'd get a bit further than their last highs. As it is they're doing what all clones do after their initial pump by the looks of it. I've sank a mighty 0.1BTC into XDN toknormal, I'm expecting great things, it it tanks too I may cry and eat some comfort chocolate, I warn you now! |
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Morning folk. Just woke up and got creeped by the MP news. What really bothers me there, is that it was not user account, but MP themselves... so why on earth only Vericoin were stolen? If it was a service exploit, they would have gone straight to BTC, LTC and heck, even DRK.... why Vericoin? Mintpal are bent. Always have been, they're just smart and subtle about it. They run bot armies price-fixing and shorting the coins that every other fool in cryptoland leaves lying there like it's a fucking bank. This time they screwed up somehow, their gamble didn't pay off, and the vericoin devs are in cahoots with them. Seriously, forking back a blockchain to cover an exchange's stupidity is a horrible precedent. An honest exchange would take the loss and learn from it. Blockchains are not supposed to be fucking time machines to magically repair the screwups of big players. |
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I get a tingly Bill Gates feeling from Elon Musk.
There's probably an ointment available for that. |
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Great post Nthelight, thank you. Can I have a question that seems very basic but can't get an answer to it... How many miners are required for the coin to function? Is it 1% of the current hashes? What is the mining rate after which there is little benefit for the coin? 10%? 50%? Do not get me wrong, I am not trying to suggest we could have done with less miners - I am just being curious And sorry if this sounds stupid to you  I'm pretty sure a single mid-range GPU could comfortably service the whole bitcoin network in realtime, and never break 50 celsius. The POW concept revolves around decentralisation - it doesn't take much compute power to chuck a few numbers around the blockchain, but you need it distributed to prevent one party or one bloc swamping the rest - the 51% attack. The investment needed to generate coins - by miners and in our case by MN ops, is one of the things that lends a coin value - if it's cost you £x to generate y coins, you probably wont want to be selling them for <£x. |
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What do you guys plan doing against pools that haven't used the fork yet and are boycotting against 20% mining fee?
Most have been swayed by sweet words and gentle persuasion, the remaining few will simply have their blocks instantly orphaned when enforcement is in place and their miners will be wasting their electricity mining worthless coins that no exchange will confirm.  |
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I think it's rather short sighted to be viewing DRK as the money making venture in and of itself. The real money will be made in cottage industries surrounding DRK, which nobody here ever seems to talk about. I mean, if someone came up with a secure way to pool resources for a MN, for example, I'd be willing to pay that person a fair fee to use his or her services.
Regarding Masternode fees: miners are mining coins which are so sought after precisely because of the Masternode network and the functionality that it brings to Darkcoin vs. our competition. In large part, Darkcoin is what it is precisely because of the anonymization system Evan has built, and the Masternode network is the linchpin of that system. It's rather silly to complain about supporting the very system that makes the coin you are mining unique and valuable, is it not?
And while we're on the subject, who ever said that Masternodes are the only way you'll be able to earn a proof of service return on DRK?
eltito you big tease, will there be some sort of Masternode API to allow 3rd parties to build services around MN infrastructure? I'm thinking of a lease model, MN's paid according to resources used, service access via mobile app or wallet plugin. That sounds interesting but somewhat dangerous? How else are eltito's cottage industries going to utilise the MNs? Not a big issue with resource safeguards and permissions in place. |
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Pooling together for masternodes is going to end in tears when the operators disappear with all the perfectly anonymous currency. I see the usual suspects creating large pools for masternodes. You could create a smart contract using BlackHalo for example to prevent theft. This is also what NXT is for. Problem at the moment is that someone somewhere still has to be trusted with the keys to the loot. |
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I think it's rather short sighted to be viewing DRK as the money making venture in and of itself. The real money will be made in cottage industries surrounding DRK, which nobody here ever seems to talk about. I mean, if someone came up with a secure way to pool resources for a MN, for example, I'd be willing to pay that person a fair fee to use his or her services.
Regarding Masternode fees: miners are mining coins which are so sought after precisely because of the Masternode network and the functionality that it brings to Darkcoin vs. our competition. In large part, Darkcoin is what it is precisely because of the anonymization system Evan has built, and the Masternode network is the linchpin of that system. It's rather silly to complain about supporting the very system that makes the coin you are mining unique and valuable, is it not?
And while we're on the subject, who ever said that Masternodes are the only way you'll be able to earn a proof of service return on DRK?
eltito you big tease, will there be some sort of Masternode API to allow 3rd parties to build services around MN infrastructure? I'm thinking of a lease model, MN's paid according to resources used, service access via mobile app or wallet plugin. |
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With enforcement, and the exchanges on the correct version, any noncompliant blocks will be orphaned instantly, the coins will not confirm on the exchanges, the miners will not be able to sell them. They can go on mining on their incorrect fork all they like, it will have zero effect on anyone else. No problem. Am I the only one that sees a problem with this? FUD will fly about another fork and the price will fall. I don't think this coin can handle another fork rumor. Go try insert some malformed blocks into bitcoin or any other blockchain and see where it gets you... Want to mine and use Darkcoin? Use the correct software! Simples, eh? |
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Warning: this is a genuine question/concern.
What happens when people mine in pools which have not updated yet to the latest version, thus which is not paying MN's 20% of the block reward?
The mined blocks with previous versions of the Darkcoin daemon will or may be orphaned when RC4 is released or when the enforcement would be activated now during RC3? The mined coins would then be worthless to the miner?
However, what happens when a non-compliant miner immediately sells his mined Darkcoins on an exchange? Does this mean that coins which anyone has purchased recently, may at some point be removed from their wallet, as they may have come from (orphaned) blocks mined by a non-compliant miner?
If that would be true (and I don't know if it is), consequently, it seems to me that Evan has no choice NOT to use the enforcement switch without hurting some people. Technically yes, but the effect might be a unpleasant change for some people?
If I'm wrong, great, then I don't have to worry about this, because I just bought some more before realizing this, but if I'm right, it means the enforcement switch is not really a valid countermeasure after all. This would mean that anyone can continue to mine on non-compliant pools and take 20% more revenue and not have to worry about this being fruitless?
Can anyone confirm or rectify my understanding?
Thanks,
With enforcement, and the exchanges on the correct version, any noncompliant blocks will be orphaned instantly, the coins will not confirm on the exchanges, the miners will not be able to sell them. They can go on mining on their incorrect fork all they like, it will have zero effect on anyone else. No problem. |
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