Bitcoin Forum
May 26, 2024, 06:33:28 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 »
241  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 20, 2014, 02:53:37 PM
nice to have drk for betting Smiley

No, all miners look the same to the protocol. I like the idea of more users using P2Pool, but It's got to be the users that decide to do that, there's really no way to enforce it. Plus, I think the P2Pool software just needs improvement (complete rewrite probably).

The masternode system can't really do donations like people are asking for either, there's  not a good way to do that. If people want to donate, they'll have to manually calculate some of the profit and send it that way .

Tx Evan , that is good to know !
I posted your answer over at the Thread regarding Mn donations !

When the foundation is up it will be much easier to do/work with donations !
Great answer, clear as always, thanks.
Re: the foundation redistribution - I would much rather support Devs, Official video, Georgem's cartoons and press releases after instantx than miners on one of the pools.
242  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 08:02:59 PM
masternodes and mining should be separate. They would have to be absolutely bullet proof or knocking out the mn network knocks out mining. At the moment any issue with the mn network just affects mixing, the coin remains secure.
I do agree, issues of one have no affect on other, thats good.
ASICs? Yes, More hash is out there the better is for all, network secured, less coins for people, price skyrockets, new technology for x11 mining, history of BTC? History like to repeat Smiley


Hash is irrelevant. 10,000 cpus with poor hash are better than 10 asics with a huge hash.
Also, btc price did not skyrocketed because of ASICs but due to inflow of Russian after the Cyprian crisis & especially in November/December 2013 because of Chinese funds

Hash is relevant considering 10,000 poor hashing CPUs can be taken over by 10 asics with huge hash. The idea is to get enough hashing in the hands of several people so this doesn't happen. Just like BTC and just like what LTC is trying to do. This shouldn't be fought by CPU and GPU miners who don't' want to reinvest in hardware. It should be welcomed esp as this drives innovation and more investments behind the currency.

Also, your points about the skyrocket are both speculation and probably wrong. In all reality it was probably willy.

We were talking about situation WITH or WITHOUT ASICs and my point was ASICs are generally bad for centralisation. That's it.

The points about the price increase are facts. If you had watched coinmarketcap breakdown by currencies you would have seen that influx of Chinese yens skyrocketed the price of BTC
243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 07:36:06 PM
masternodes and mining should be separate. They would have to be absolutely bullet proof or knocking out the mn network knocks out mining. At the moment any issue with the mn network just affects mixing, the coin remains secure.
I do agree, issues of one have no affect on other, thats good.
ASICs? Yes, More hash is out there the better is for all, network secured, less coins for people, price skyrockets, new technology for x11 mining, history of BTC? History like to repeat Smiley


Hash is irrelevant. 10,000 cpus with poor hash are better than 10 asics with a huge hash.
Also, btc price did not skyrocketed because of ASICs but due to inflow of Russian after the Cyprian crisis & especially in November/December 2013 because of Chinese funds
244  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 07:02:06 PM
--P2pool is unusable for small miners
...

This is absolutely not true.

it kinda is.
you have to have really luck to submit a valid share. (as a small miner)

Yes, it is true.
What is a small miner ? One 750ti for 100 Euro gets you 2.6MHs.
And you can have multiple miners submit under same address, right ? Like if you want to use your University Cluster for mining Smiley

Nah, only self-centered a$$holes use public money for their own benefit. Had a tennant in one of my flats who was mining coins - I only found it
after he was gone, the sucker left me witha a hefty bill to pay. Electricity parasites. Fortunatelly the court has ordered him to repay the costs so the story had a happy ending after all.
245  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 06:45:37 PM
not sure if you're referring my proposal, but I dont mean p2pool dev, I mean direct contribution to the p2pool miners to incentivise the p2pool network.

Is it possible to allow p2pool miners to earn 5% more by allowing payments to masternodes at 20%?

 My suggestion is an optional choice to "tip" back the p2pool network, not to redistribute mining earnings. That way incentivising the use of p2pool network. This was back in April when MN earned 10%. I'm not technically savvy to fully propose a valid solution (for example, where would the payment go? a central wallet? thats a very bad idea... ) ... but in essence, p2pool nodes could have could have a "genkey", and participant MN's could send out a % cut, much in the same way MN receive a % cut from mining rewards.

 Like I said, that would seriously work against central ASIC raping and potentially all the centralised issues of mining.

https://darkcointalk.org/threads/masternode-donation-to-p2pool.326/


ASICs are a threat regardles of how many people engage in P2P mining. 1 half decent ASIC = 1,000,000 CPU miners. Once the ASICS come into the game, everything else than ASIC will be a waste of electricity.


ASICs should not be considered a thread. ASICs are a natural evolution of a coin and helping provide greater security to the network.

Not really. You won't have a decent number of people running x11 asics therefore the centralisation problem is likely to be bigger

bitcoin shows the opposite..
if there would be additionally p2pool everything would be fine Wink

with the DRK price you would not have thousands of ASICS miner all around the world.. so there would be a large centralisation in the beginning.
P2P mining with your PC would not make sense in ASIC times.
246  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 06:39:56 PM
not sure if you're referring my proposal, but I dont mean p2pool dev, I mean direct contribution to the p2pool miners to incentivise the p2pool network.

Is it possible to allow p2pool miners to earn 5% more by allowing payments to masternodes at 20%?

 My suggestion is an optional choice to "tip" back the p2pool network, not to redistribute mining earnings. That way incentivising the use of p2pool network. This was back in April when MN earned 10%. I'm not technically savvy to fully propose a valid solution (for example, where would the payment go? a central wallet? thats a very bad idea... ) ... but in essence, p2pool nodes could have could have a "genkey", and participant MN's could send out a % cut, much in the same way MN receive a % cut from mining rewards.

 Like I said, that would seriously work against central ASIC raping and potentially all the centralised issues of mining.

https://darkcointalk.org/threads/masternode-donation-to-p2pool.326/


ASICs are a threat regardles of how many people engage in P2P mining. 1 half decent ASIC = 1,000,000 CPU miners. Once the ASICS come into the game, everything else than ASIC will be a waste of electricity.


ASICs should not be considered a thread. ASICs are a natural evolution of a coin and helping provide greater security to the network.

Not really. You won't have a decent number of people running x11 asics therefore the centralisation problem is likely to be bigger
247  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 06:34:59 PM
btw. whats about the idea supporting p2p pools somehow..? masternode donation seems quite interesting..

whats evans opinion?  Smiley

As owner of three masternodes I strongly disagree with redistribution of MN income.

Let the market decide whether P2P pool will be used or not - the key is to improve the user experience and make
it accessible to total Linux newbies not to bribe the users to mine there.

LOL, will be the same discussion as miners strongly disagreeing with MN payments Smiley
But I also think that is not the way to go.
In the end, it's miners who should be rewarded for using p2pool nodes.

They are rewarded for mining dark wherever they want to.
Darkcoin will do great with much smaller number of miners; the current hashrate is a luxury.

C'mon, not again. I hate this 'miners are shit, just the working class the upper class does not give a shit about' attitude.
Miners are the ones that secure the block chain, and 'create' new coins. It's not MN, its not an exchange.
And don't start with ' if the miners leave, difficulty will come down, and they will return' crap.

I am not saying miners are shit - we need a certain number and currently we have much more than we need.
Are you able to see the difference?

The mining balancing theory is a basis of crypto, not a crap
248  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 06:32:39 PM
not sure if you're referring my proposal, but I dont mean p2pool dev, I mean direct contribution to the p2pool miners to incentivise the p2pool network.

Is it possible to allow p2pool miners to earn 5% more by allowing payments to masternodes at 20%?

 My suggestion is an optional choice to "tip" back the p2pool network, not to redistribute mining earnings. That way incentivising the use of p2pool network. This was back in April when MN earned 10%. I'm not technically savvy to fully propose a valid solution (for example, where would the payment go? a central wallet? thats a very bad idea... ) ... but in essence, p2pool nodes could have could have a "genkey", and participant MN's could send out a % cut, much in the same way MN receive a % cut from mining rewards.

 Like I said, that would seriously work against central ASIC raping and potentially all the centralised issues of mining.

https://darkcointalk.org/threads/masternode-donation-to-p2pool.326/


ASICs are a threat regardles of how many people engage in P2P mining. 1 half decent ASIC = 1,000,000 CPU miners. Once the ASICS come into the game, everything else than ASIC will be a waste of electricity.
249  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 06:28:48 PM
btw. whats about the idea supporting p2p pools somehow..? masternode donation seems quite interesting..

whats evans opinion?  Smiley

As owner of three masternodes I strongly disagree with redistribution of MN income.

Let the market decide whether P2P pool will be used or not - the key is to improve the user experience and make
it accessible to total Linux newbies not to bribe the users to mine there.

LOL, will be the same discussion as miners strongly disagreeing with MN payments Smiley
But I also think that is not the way to go.
In the end, it's miners who should be rewarded for using p2pool nodes.

They are rewarded for mining dark wherever they want to.
Darkcoin will do great with much smaller number of miners; the current hashrate is a luxury.
250  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 06:14:06 PM
btw. whats about the idea supporting p2p pools somehow..? masternode donation seems quite interesting..

whats evans opinion?  Smiley

As owner of three masternodes I strongly disagree with redistribution of MN income.

Let the market decide whether P2P pool will be used or not - the key is to improve the user experience and make
it accessible to total Linux newbies not to bribe the users to mine there.

 Linux newbies? bribe? say what? ... no way man. In my proposal I merely suggest that a MN owner could choose to contribute and incentivise the use of p2pool. What is wrong with that? Choice, not imposition. I would gladly do it.

 Any serious miner will do p2pool because it is way better and safer and makes the network much more robust. Running a p2pool node, yeah thats a different thing and not for anyone. But without doubt, the best gains come from running and mining from your own node.

 I would gladly give back a few % to the p2pool network. Its decentralised, impossible to 51% attack, impossible to DDoS, no account hacking, no need for logins and 2FA, no bad actors stealing, and without any central authority whatsoever. The only problem is most hobby miners out there dont understand it fully and tend to flip pools or algo's looking for better gains. And the ramp-up really does suck.

 Once you get serious about mining, there is no better experience than p2pool. Payouts just roll without effort, and are statistically better than any central pool. All in all, p2pool is the ultimate solution for ultimate network stability.

Agree with most of what you have said. P2P mining = good Smiley So when it is so attractive there is no need to give back==incentivise==subsidise it.
251  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 05:08:35 PM
btw. whats about the idea supporting p2p pools somehow..? masternode donation seems quite interesting..

whats evans opinion?  Smiley

As owner of three masternodes I strongly disagree with redistribution of MN income.

Let the market decide whether P2P pool will be used or not - the key is to improve the user experience and make
it accessible to total Linux newbies not to bribe the users to mine there.

i see the point, but in general the network will gain huge advantages from decentralized mining..
Every coin, including btc, is dominated by huge pools. If drkcoin had primarily p2pminers it would be safer than btc from that view..
(this could affect the value of your investment also Wink )

I get the added value - would be nice to have another perk but the P2P mining itself should be made more attractive rather than subsidised.
252  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 19, 2014, 04:50:48 PM
btw. whats about the idea supporting p2p pools somehow..? masternode donation seems quite interesting..

whats evans opinion?  Smiley

As owner of three masternodes I strongly disagree with redistribution of MN income.

Let the market decide whether P2P pool will be used or not - the key is to improve the user experience and make
it accessible to total Linux newbies not to bribe the users to mine there.
253  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 18, 2014, 11:30:19 PM

I think it is time to change BTC definition on Github, the following makes it sound like a clone coin with little else to offer:

DarkCoin is a lite version of Bitcoin using X11 as a proof-of-work algorithm.

The description from Darkcoin.io would be perfect.

Agreed!
254  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 18, 2014, 11:18:07 PM

Quote from: eduffield, post: 29902, member: 104
Ah, thanks. Fixed in v15
I think it's better to wait till Evan announce next update
16.15 is not on github yet

v0.10.16.15 is available!

- Fixed dsee timestamp drift (thx UdjinM6)
- 90%+ reduction in collateral charges, should happen every 20+ mixes.
- Changed ping time to 5m (would have to have 14 bad propagation events to fall off the list)

https://github.com/darkcoin/darkcoin

* In the process of compiling it


This is why open source is so important. UdjinM6 has been making great contributions by bug hunting and proposing alternative solutions to issues.  This coin is amazing!

Evan is doing really awesome things but even he needs some help sometimes. There was A LOT of improvements implemented by him in these few days (you can see for yourself - huge commits there https://github.com/darkcoin/darkcoin ), not surprising he missed few bugs. Needless to say he was in hurry to fix discovered privacy issue as fast as possible.
Now let's see if Darksend finally works as it should and move further. Can't wait to test InstantX Wink

EDIT:
Btw, don't forget to "star" the repo on github (and "watch" if you'd like)
This will help us to gain more score Wink https://www.coingecko.com/en

BUMP~!

I think it is time to change BTC definition on Github, the following makes it sound like a clone coin with little else to offer:

DarkCoin is a lite version of Bitcoin using X11 as a proof-of-work algorithm.
255  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 18, 2014, 10:34:05 PM
ethercoin just down to 4$ from 32$
256  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 18, 2014, 10:25:42 PM
Well, it already looks like a sinking ship looking at the order book  Huh

 When was this listed? That has got to be the (potentially) biggest p&d I've ever seen in crypto



Ghost, please put some note saying that you are talking about ether chart, I was shocked for a few seconds thinking that this is DRK market!  Grin
257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 18, 2014, 09:19:57 PM
Quote
Since you are now running and paying a 24/7 linux server on Vultr, where there are no limitations on CPU usage, you should also use it for darkcoin mining... I suggest you read this nice guide, put together by TantaStefana.

Hello! Is it safe to run minerd on my vps? What port will it use? How many DRK should I expect to mine?


I would say it is useless - you'll get peanuts but do not know how much exactly
258  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 16, 2014, 04:00:27 PM
After some struggles last few days, I got my MN up and running again.

Thanks everybody!

If you can post your issue and what the fix was, it may help other people around here.

For me the issue was Linux  Grin
259  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 12, 2014, 07:49:14 PM
So I was thinking about starting a cartoon to celebrate evan's achievements:



A proposal:
Is the community/foundation willing to pay me a monthly amount of DRK (I don't know, 150 DRK or something) so I can allocate some time every day and create a daily cartoon?
I could create hilarious confrontations between darkcoin and other coins, etc...  Grin
Let me know your thoughts.

Donations: XtAdMy5nSxArut6rKKLQXxm84rpJNipXib


I like the idea. The cartoons are great and would be in favor to contribute to that idea - particularly if all the cartoons are concentrated on a single website and some of them on even on darkcoin.io
260  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 09, 2014, 05:09:42 PM

Einstein was not that smart tbh. Has he invented anything? Stole ideas from other scientists.

This is our guy:
Tesla FTW!!!  Wink

He was a genius, but he died a poor, forgotten man.
I would rather attach him to the Monero thread...

he would not die poor in the age of internet and decentralisation...
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!