Ghash.io says they should have a wallet up by the end of the week for those mining DRK there so we can finally withdraw.
On that note, I wonder how much DRK is piled up there that hasn't been withdrawn since their DRK pool started. lol
Who are those miners? Is most of that DRK likely to go to exchanges, masternodes, or cold wallets? |
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Jeez, another dump, looks like we'll be testing 0.01 before going back up... I didn't see that one coming  The regular intervals are unnatural as well. Seems like someone trying to crash the price. Luckily they will eventually run out of coins. Yeah, it's interesting, ca. 5000 drk dump every 3-4h,looks almost like someone with a lot of coins exits slowly, letting bit of support to build up. Like a clockwork, another dump, this time 2500... On which exchange? |
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DRK and XC Communities,
The toxic back and forth between our two communities has reached a level with which neither of us are comfortable or impressed. The competitive space for our coins lies in the results, and the results will speak for themselves as they are brought online. Whatever mistakes or provocations were undertaken by either side are in the past, and we would like them to remain there. We are all interested in one thing: the advancement of anonymous cryptocurrency. Let go of the tribalism and start thinking of how you can positively contribute to that end.
Evan and Dan
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anybody know who can do support on darkcointalk? I got a question
Just ask here, or here or here or here. |
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I keep hearing VRC people saying that their verisend is better than darksend. Is this true?
No. It's centralized and not trustless, although they say it will become decentralized later. |
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DrkPool.com Shutting Down
We have reason to believe someone unauthorized has gained access to the server. As soon as I found out I took all of the money off the server and database backups so I could pay our users their balances. The funds are being stored at a secure location and I have access to final totals for all users on the server. Sorry for any inconvenience but I figured this is the safest way to deal with an issue like this.
-Evan
http://www.drkpool.com How would people go about getting at the coins that they still have on the pool? Edit: Also can people still see their current balance on the site? Personally, I don't have any coins there but these things always must be handled carefully. here comes the mega dump The dump has been and gone - someone wet themselves on mintpal but it hasn't dropped for a while now. Cryptsy has actually gone up and is back over 0.017 < is broken again on bitcoinwisdom  looks like it dropped as well but is also stopped now>, hopefully mintpal will go up when people smell cheap DRK and realise the unauthorized access is nothing to do with DRK itself, no coins were lost, the coins are safe, and people can just move pools (they have 24 hrs to do so) and carry on as before. |
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And this is why you never mess with Senator camosoul  I resent any association with the concept of government. ;-) This might irritate the anti-thiests, but only a fool discards wisdom because he hates the messenger: Matthew 7:6: Give not that which is holy unto the dogs, neither cast ye your pearls before swine, lest they trample them under their feet, and turn again and rend you.
Cardinal Camosoul.  |
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Look, we get it. Instamine happened. There is NO denying it. However post instamine events have levelled the playing field. This is being mentioned again and again and again. But pricks like you just want to annoy yourself and want the whole world to share the annoyance with you. We get it, but we don't want to participate for a multitude of reasons that is not fathomable to you or your kind.
Evan has changed the landscape of altcoins post sCrypt ASICs:
*x11 for months has been the main PoW. Yes the whole point of these altcoins is pointlessness, but they realized that this algo at least kept some part of their hardware investments going.
*Anon wannabe coins springing out of nowhere. All of them not even realizing what the non-transparent blockchain should look like and what is it that the next challenge that cryptos want to fix. It at least brought Monero to limelight and people found out a VERY big broken piece in Bitcoin.
*Difficulty retargetting in the wake of multipools. DGW was unabashedly copied/pasted.
*Proof of Service where nodes need to be recognized and compensated. Yes this will be the next big wave of cloning.
*Fancy terms mimicking and flattering Darksend or MasterNodes like "NiteSend", "SuperSend", "CloakSend", "XNodes" and what not. NONE of these are improvements and the real scams and NEVER get called out for that. Everyone just wants to jump in for the pumps and resulting bitcoins.
* Yet to be announced anonymity enhancement sets for the simple fear of spawning more phonetic clones.
Evan put his name out there, interviewed with media outlets, wrote a whitepaper which is admittedly unfinished, set out his intentions for Darkcoin in clear and has been working tirelessly for months brining the non-transparent blockchain needs to limelight.
And yet no one calls for the real scammers like Stackcoin, Edgecoin, SharexCoins and tons of other scam coins. And Evan is the scammer?
Evan has spawned a multimillion crypto-economy that is growing by the day as more people are recognizing and accepting the need and the want for non-transparent blockchain. Indirectly he has produced even bigger economy due to Darkcoin coming to limelight.
And that is why Evan's worldwide fame is growing by the day. And you are an internet troll who when he dies, even the family will say "Good Fucking Riddance".
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Masternode stats du jour;
Active Masternodes: 387
Price per node: 10037,7 USD
Darkcoin PoS: 3.884589,9 USD
You used the "P" word.. Is there an acronym for Proof of Service? PoService sounds not good. PoServ, ServPro, SP, Service Reward, NR -node reward, ummm.. I don't know.. Since the concept of Proof of Stake is functionally DoA, it doesn't exist. PoS means Proof of Service. There is no acronym for Proof of Stake anymore. Much like DoA means Dead on Arrival. It doesn't mean Dorks on Acid even thought it would format the same way. The acronym does not apply to meaningless, useless, obscure, etc... It applies to that which actually matters and means something. That's confusing the way the world ought to be with the way that it is. Google for pos proof of and tell me what the first page is full of. Things don't go away just because they have no good reason to exist. |
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What? That text doesn't say Dark wasn't instamined, it just says the devs don't own those coins. Yes, I have read it the FAQ. It says in several places that there was an instamine, and explains the details. Trolls have been singing your tune and saying DRK was doomed to crash since it was under 10% of it's current price. Any argument against the rise of DRK that was being said at that time has now been proved wrong. Come up with new arguments or go home. |
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Your FAQ can write Dark is not instamined coin. BUT you know yourself.
As you can clearly see in the text you quoted, the FAQ doesn't say that. In fact, it states more than once that an instamine happened, and goes on to explain the details. Either you can't read for toffee or you're deliberately misrepresenting what the FAQ says and hoping the readers of the thread won't bother to read the facts for themselves. https://yourlogicalfallacyis.com/strawman |
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Tired of the FUD ? Read the FAQ : http://wiki.darkcoin.eu/wiki/FAQWas Darkcoin Instamined?I read someone who wrote that 50% of the coins in circulation are owned by the devsNo. This is a classic case of spreading FUD (Fear Uncertainty and Doubt) by supporters of other cryptocurrencies who perceive Darkcoin as a threat to the coin they support. The coin has been well distributed through exchanges since early February 2014 – almost 15-20 days after the coin's launch. One could buy as many cheap DRKs as they wanted, with prices of 0.0000x per DRK or 0.0001x per DRK. This can be verified by historic charts of c-cex.com and poloniex.com of early Feb 2014. These two exchanges were the first that adopted DRK. Huge buy orders of 20-30-50k DRKs were being filled by early miners who were dumping their coins for pennies, not really appreciating the coin they had in their possession due to the “abundant” way in which they mined it as people do not really appreciate what they are given in ample quantity. Miners who “instamined” large quantities never foresaw the huge price increase and as such sold over a million coins at prices from 0.0000x up to 0.002 – with the first large batch being sold after DRK hit the exchanges and the next large batches being sold from February 2014 to April 2014 @ 0.0015 BTC price levels. In fact, many coin holders were complaining* of all the “dumping” by those who held cheap coins from the start that kept the price at artificially low levels for 2 months straight. The dumping ended, due to tremendous market demand, when a “pump” was initiated by “whale” buyers that swallowed millions of USD (in DRKs), raising the price from 0.0012 to 0.017 within a few weeks. - During this dumping period there were certain individuals who spread FUD about how the coin will never rise in price due to the instaminers dumping continuously. These are typically the same people who are claiming that the 50% instamine distribution affects the coin distribution today. However it is impossible to simultaneously claim that the coins were being dumped and that the 50% instamine holds true today. It's either one or the other. Since the coins were being dumped, the 50% instamine distribution was gradually reduced with each dumping wave. Blockchain analysis indicates a well distributed coin, reflecting the fact that the dumped coins were evenly distributed through the market. Early distribution is not currently an issue as huge buyers have been reshuffling the "rich-list" in their favor, buying millions of dollars in Darkcoins during May 2014. Late distribution through aggressive buying is currently more of a concern than early distribution.
(Mar 29, 2014 by Evan Duffield) This is the story of how Darkcoin came about. Recently the community has grown a lot and many people here aren’t aware at all of the early history of the coin. I’m sure you’ll see from the full story that I would have done things much differently, but hindsight is always 20/20. So who am I and what do I offer? My name is Evan Duffield and I’ve been developing software since I was 15. I also have a history in finance and an interest in economics and machine learning. I’ve worked all over the space for PR firms, creating search engines and machine learning algorithms for financial modeling. I’ve have a rewarding career and consider myself lucky to have been a part of many great projects. Also, it’s worth noting when I worked at Hawk Financial Group I got my series 65 (a financial advisor license) and I’ve used that knowledge extensively for Darkcoin. The birth of Darkcoin I discovered Bitcoin in mid 2010 and was obsessed ever since. After a couple of years in 2012 I started really thinking about how to add anonymity to Bitcoin. I came up with maybe 10 ways of doing this, but I soon realized that Bitcoin would never add my code. The developers really want the core protocol to stay the same for the most part and everything else to be implemented on the top of it. This was the birth of the concept of Darkcoin. I implemented X11 in a weekend and found it worked pretty well and it would give a completely fair start to the currency. What I really was aiming for with X11 is a similar development curve where miners would fight to create small advantages much like the early start of Bitcoin. I think this a requirement to create a healthy ecosystem. Next I was thinking about changing the reward system. I thought it would be an interesting experiment to add more incentives to join mining early on, driving up the hashrate and protecting the network, that’s when I came up with 1111.0 / ((x+1.0)^2.0), which was the first formula for controlling rewards. Launch It was January 18, 2014 and I had everything ready or so I thought. I announced the launch of Darkcoin (XCoin at the time) on BitcoinTalk. We launched later and immediately got stuck on block 42, I was new to the Bitcoin codebase and wasn’t sure what I missed so I announced we’d relaunch later. When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block. Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here: https://bitcointalk.org/index.php?topic=421615.120 I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet. Growth Right after block 4500 is when I started working on DarkSend. I was trying to create a proof-of-concept and eventually I succeeded, I posted about it and our coin started to become more popular by the day. This is when the coin became a serious project of mine. Later on we switched to 11111.0 / ((Difficulty+51.0)/6.0)^2), these formulas proved to be much more powerful incentives to drive up the difficulty than I thought they would. Soon after we switched to (2222222.0 / ((Difficulty+2600.0)/9.0)^2.0), targeting a difficulty of about 3400. In the end? Darkcoin started from a few months of me thinking about ways to create a better coin and a couple weekends of coding. It wasn’t till later that we got established and I really started taking this seriously. Anyone can compare our recent efforts to the sorted past and see things are going much smoother. No one really knew how much this would blow up (in a good way) and how popular it would be, otherwise I would have took my time in the beginning. Goals and the future of Darkcoin I don’t believe the origins of Darkcoin are too much to overcome, but investors and users are going to have to decide for themselves if they want to support the project. Recently I’ve shifted away from other projects to going full time on Darkcoin. I think with a full time developer and our solid community we’ll be able to make something great. It’s only been a couple months and we have a lot to show for it (X11, DGW and DarkSend Beta) and there is more in the works. This obviously didn’t go perfect but I think we have a really fantastic community and I see a really bright future for Darkcoin. Of course mudslinging is easier than innovation. So keep creating new accounts while the Darkcoin team is innovating. Have a good day ! /end thread - nice try fudsters haha  |
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If you're new (or just overly trusting), read our subreddit, and don't want your coins stolen, please read this. |
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Multipool has been updated. Some advance notice next time would be great.
It's OK, it wasn't a hard fork. Nothing bad happened from not updating yet, your blocks still got paid. |
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lol, heavy spammer typical of HYIP scammer Hmm, the account is now gone, so either they are bothering to clear their tracks, or maybe reddit just nuked them. Coingoo's many spammer accounts never get deleted, but they usually only post 2 spams per user. |
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Mr President has now updated. |
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this new delivery method is just brilliant
Indeed. Antifragile solutions FTW. We <3 Sporks. In future, no matter how well things go on testnet, no matter how every eventually seems to be nailed down before release, this needs to be a development motto...  |
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Excellent. And I'm back in full position on this news. Seems like might take a while to percolate through the trading community - sneak attack rally! Yeah, I was wondering why there wasn't more market response to this... Because unlike the hard forks, everyone wasn't sitting waiting for it. Unless you happened to be on the right IRC, reading the right thread or subscribed to the right twitter (see above) you wouldn't know yet. Also bitcoins take time to gather and send. |
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So masternodes are actually going to get paid today? I'm in for the ride to 1.9-2.1
They're already being paid. It's just going to take a while to get up to 20%, because until enforcement is switched on you're only getting paid for blocks founds by miners who have updated. |
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