Hi all, I have been been following todays events closely and I have few (maybe controversial) remarks:
First, the hardfork implemetation went perfectly as far as I can tell. The network never became forked at any point. Immediately following the hardfork a couple of the pools were 1-5 minutes behind the highest block, but at no point did any of the pools ever fork - despite repeated claims to the contrary by people that should know better ::cough cough::. I believe Evan mistakenly interpreted this 1-5 minutes of lag on certain pools and masernodes as a fork, when in fact it was not (probably due to the differences in blockheight reported by the pools and those reported to him by masternode owners). As others have suggested, the reason for this lag is probably because the solved blocks were just taking longer than usual to propagate through the network because there were a lot of old clients on the network, something not entirely unexpected.
This minor issue solved itself approximately 15-20 minutes after the hardfork took effect, and the network hummed along perfectly fine for another 30 minutes before the reversion was released on github. During this time masternode payments were also working perfectly. In retrospect, the decision to revert the code was probably a mistake, but I understand the decision as Evan was acting out of an abundance of caution and that bit of lag spooked him.
If anyone has any evidence to suggest that the network was "forked" at any point, please share - I have reviewed IRC transcripts and have read every post, and was monitoring the pools throughout the hardfork implementation and there was never any evidence that I am aware of to suggest that the network had actually forked. Hopefully Evan will re-release the same code and we can try to fork RC3 in a couple days.
+1 I think you're right, the network seemed to be sorting itself out, but maybe Evan spotted something we didn't? I've noticed a minute or two of lag both locally and on my masternodes before, they all always catch up, no forks, no problems. Also, in case anyone hasn't figured out how to update and restart their masternodes with the newfangled cold/remote setup, here is what worked for me: On remote: darkcoind stop mv darkcoind darkcoind-old-version-number wget http://www.darkcoin.io/downloads/rc/darkcoindchmod 755 darkcoind darkcoind ...wait for it to sync up if needed On local: Stop local client if running Edit your darkcoin.conf and put back in: masternode=1 masternodeprivkey=your-priv-key-for-that-masternode masternodeaddr=x.x.x.x:9999 Rename your copy wallet for that masternode back to wallet.dat and fire up the local client or daemon Wait for it to sync up if needed, then masternode start 'your-wallet-passphrase' - you should get 'masternode started sucessfully' and you can now take the local wallet offline again, your masternode should appear at http://drk.poolhash.org/masternode.html within a minute or two.  |
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is this p2pool miners not updating?
Possibly. Old versions were being rejected but not fast enough to guarantee no future problems, so Evan made the call - it *probably* would have sorted itself out, and seemed to be in the process of doing so, but I guess he wanted to be 100% sure. No biggie for long term holders, but we'll have to put up with some whining children for a while...  |
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wait why wasn't there a masternode payee from the 1st block after fork?
Because it takes 6 votes. With ~315 masternodes it could be a while before any one accumulates enough votes. |
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I still don't know why I had negative LTC balance.. I never traded LTC.  You have a LTC address in your sig for all to see you filthy fibber! Stop playing with alts, you'll get stinky fingers.  |
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for all the newcomers, new drk traders, soon to be austronauts: place this code in dark.html, save it and double click it: (credits go to an other member here that has posted this millions pages before) <html>
<head>
<!-- Hi there! Donate @ Hypron.net! :) If you rip this site please give credit, thanks! -->
<meta charset="UTF-8">
<meta name=%26quot%3Bdescription%26quot%3B content="2x2 Darkcoin Chart Layout" />
<title>check out hypron.net!</title>
<style type="text/css">
body {margin:0px; padding:0px;}
.Table {display: table; width: 100%; height: 100%;}
.Row {display: table-row; width: 100%; height: 50%;}
.Cell {display: table-cell; overflow: hidden;}
.Cell iframe {height:107%; width:118%; border: 0px;}
</style>
</head>
<body>
<div class="Table">
<div class="Row">
<div class="Cell"><iframe src="https://bitcoinwisdom.com/markets/mintpal/drkbtc" seamless></iframe></div>
<div class="Cell"><iframe src="https://bitcoinwisdom.com/markets/cryptsy/drkbtc" seamless></iframe></div>
</div>
<div class="Row">
<div class="Cell"><iframe src="https://bitcoinwisdom.com/markets/bitfinex/drkbtc" seamless></iframe></div>
<div class="Cell"><iframe src="https://bitcoinwisdom.com/markets/bitfinex/drkusd" seamless></iframe></div>
</div>
</div>
</body>
</html> it will auto adjust in your screen size, Mintpal-Cryptsy DRK/BTC and Bitfinex DRK/BTC/USD charts from bitcoinwisdom. You can always press F11 to set your browser to full screen, press F11 to revert back to normal. I despise the witchcraft that this represents, but I'm going to keep this open in a tab for when I'm supposed to be working and someone is peering over my shoulder, it looks impressive to the untrained eye...  |
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How long does it take to confirm darkcoin transactions? I tested withdrawing from cryptsy to mintpal and it's been 45mins and it's still no confirmations. Cryptsy also gave me a negative LTC balance? LOL!  XtDS1rvVfwr9w3zrRsVbcCDwXzFyTYPV29 Avg time 2.5 mins but I had one transaction earlier today where there was 16 mins between found blocks... naturally this occurred when I was shifting 1000DRK into my latest masternode cold wallet. Cryptsy is probably busy shorting everyones LTC. |
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fork FUD
All right, forks, forks, forks! Come on in forklovers! Here at Darkcoin we're slashing forks in half! Give us an offer on our vast selection of forks, this is a forks blow out! All right, we got white forks, black forks, Spanish forks, yellow forks, we got hot forks, cold forks, we got wet forks, we got smelly forks, we got hairy forks, bloody forks, we got snappin' forks, we got silk forks, velvet forks, Naugahyde forks, we even got horse forks, dog forks, chicken forks! Come on, you want forks, come on in, fork lovers! If we don't got it, you don't want it! Come on in, fork lovers! |
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If every DRK in existence right now was tied up in a masternode, there would be 4399 masternodes. At lowest reward (safe to assume) currently that would be ~0.131 DRK/MN/day ~ 48 DRK/year At 2000 MNs (a bit more realistic) it's 0.288 DRK/MN/day ~ 105 DRK/year At 1000 MNs it's 0.576 DRK/MN/day ~ 210 DRK/year At 500 MNs its 1.152 DRK/MN/day ~ 420 DRK/year Going with 1000 MNs as what IMO will be a good rough guess, each of my MNs will bring me in about £1500/year at current prices of 0.02DRK/BTC(@£350) 1000DRK currently costs ~£7000 so that's a 21% return per year. *At current prices, which are unlikely to remain this low if all goes well!* Plus with so many DRK/fiat exchanges popping up, the price of BTC will become increasingly less relevant to DRK holders. DRK is not an alt, it's a financial apex predator... Or in other words: DRK is seriously undervalued right now. Yep, I think it is. I'm still buying what I can. |
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Anybody worried that MN will make this coin extremely scarse? I know that scarcity doesn't matter with cryptocurrencies, since we have many decimals. My only worry is that due to the scarcity, every time 1 master node holder decides to sell his coins (or someone decides to purchase a new masternode), the price will change dramatically. This could possibly result in a very unstable price. Thoughts?
No. Didn't the developer say that the max number of MN is 2000 or something? So that would be only 2M coins. If every DRK in existence right now was tied up in a masternode, there would be 4399 masternodes. At lowest reward (safe to assume) currently that would be ~0.131 DRK/MN/day ~ 48 DRK/year At 2000 MNs (a bit more realistic) it's 0.288 DRK/MN/day ~ 105 DRK/year At 1000 MNs it's 0.576 DRK/MN/day ~ 210 DRK/year At 500 MNs its 1.152 DRK/MN/day ~ 420 DRK/year Going with 1000 MNs as what IMO will be a good rough guess, each of my MNs will bring me in about £1500/year at current prices of 0.02DRK/BTC(@£350) 1000DRK currently costs ~£7000 so that's a 21% return per year. *At current prices, which are unlikely to remain this low if all goes well!* Plus with so many DRK/fiat exchanges popping up, the price of BTC will become increasingly less relevant to DRK holders. DRK is not an alt, it's a financial apex predator... |
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Someone will still come along and ask for a video explaining it all... |
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It would be great if there was a step by step guide (easy to find via a link on the first page) with a video, pictures diagrams etc to address these common questions.
The people who say masternodes are super secure and easy to set up are all very advanced users. Many more people would love to start a MN and would if the process was easier (which would make the network more secure).
There is a step by step guide, if you're not competent to follow and understand it, then you have no business running a masternode. Educate yourself, none of this is particularly hard. Would you attempt to fly a plane or drive a car without some basic understanding of how to do it and how it worked? Basically, lazy people complaining that they can't get something for free... |
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Its on many encrypted usb sticks in my house, car and workplace..
Hacks MN --> gets IP --> location --> comes and takes everything away from you. It's rather pointless. How many hours before fork? LOL, you're spouting rubbish. Someone could come and take everything away from you anyway, forget DRK and masternodes, it's all pointless, throw yourself off a cliff now mate before it's too late!  |
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Certainly does, will be using. Some sort of location filter would b good... US, UK, etc... |
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As usual, economists miss fundamental points, like, you know, the existence of the decimal one: “Bitcoin might be a good investment [due to its limited supply] but it’s not money. If demand grows, which seems likely, and the supply is constrained [then the price will rise].” Cryptocurrencies are divisible rather more readily than nuggets of gold... coin supply is a red herring. They just can't get their bent little heads around a store of value that they can't devalue at will by printing more of it. Not in a predictable deflationary model. With obvious demand, constant predictable growth model = increase in price. Its un-natural inflation that screws everything up. Increase in price is fine by me, and other people's unpredictable models are their problem, not mine... |
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Move all your DRK in mintpal and mine in the official pool until everything is clear and safe, dont spread your panic, last fork had issues with masternodes that caused mini forks, not the pools and the exchanges.
What the fuck are you talking about?? Coins are not safe in a 0.10.10.1 wallet? ? ?  predatorkill is like a scattergun - mostly pointed in the right direction but emits the occasional flyer and wings bystanders. Needs better muzzle discipline and a tighter choke... |
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As usual, economists miss fundamental points, like, you know, the existence of the decimal one: “Bitcoin might be a good investment [due to its limited supply] but it’s not money. If demand grows, which seems likely, and the supply is constrained [then the price will rise].” Cryptocurrencies are divisible rather more readily than nuggets of gold... coin supply is a red herring. They just can't get their bent little heads around a store of value that they can't devalue at will by printing more of it. |
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Inching closer to MR. 3188 DRK at 0.018. Would love to see the look on his face when he comes back to find his DRK are sold and he has to buy in much higher.
Could be more than just 1 person. It was just over 1k this morning. Could be an honest, yet desperate attempt, to hold down the price while more funds clear. OMG... did I just say "legitimate investor" instead of "whale" ?? Like Dylan would say, "Times, they are changing, for DRK" I just freed up an extra 70 BTC for DRK investments, I'll eat it up bitches I'm glad you're on our side mate - are you a plumber, to have so much free cash? Actually the person I know with the most spare cash is one of Britains best tattoo artists.  Guy is literally rolling in fantasypaper. |
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Sometimes the wallets charge .001drk when sending. I done the same and sent 1000.001drk to my MN wallet and the fee was taken and 1000drk arrived. At the time of building the MN there was a trick to building the wallet. Send in .001 then 1000 exactly then backup wallet, drop it on your node and it started up... If I did anything else it wouldn't work. Should I chuck a bit more in? Oh ok, I thought maybe you sent the extra .001 like me to pay for the fee but never got charged. As for adding more I have no idea if it would benefit or not. Uh, the tiny amount sent first was just to make sure you were sending to the correct address... I do this before I send large amounts anywhere, being both paranoid and senile, I don't even trust myself... You can avoid fees usually by sending yourself the amount within your own wallet, this consolidates the tx (makes it smaller) so your single large amount is sent in one chunk as it were, not made up of hundreds of smaller amounts, the sending of which which incurs fees. I do this anyway now and again to hoover up all the change amounts into one address, for example before backing up to paper. |
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guys what trade bot is compatible with mintpal? the V2 api is still in private beta (wonder why ) is it a trade bot or an http script? Running bots on Mintpal will cost you six figures for access to their trading API. Nice, eh? I got six figure number but it starts with a zero: 0.00001 btc Good luck with that! |
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Is it any problem to have your local masternodes wallet open on a different computer?
Shouldn't be, as long as you don't touch the 1000DRK balance, ie move it / spend it. Far safer though to keep it offline and have another wallet for everyday use. (Exit the client, rename wallet.dat to masternodewallet.dat or something, fire up the client again and because there is now no wallet.dat in your .darkcoin dir, it will generate a fresh one.) Gotcha, Ill do that and use the blockchain explorer to keep an eye on the 1000drk. Thanks. Anyone know the exact time of the hardfork? Don't forget to back up your masternodewallet.dat, minimum 3 usb sticks in separate locations and upload it to google drive or dropbox or similar too, encrypt the .dat file(s) as well, even if it's just 7zip-ing them with a good password. Or dupmprivkey and do it with paper backups. Nobody takes backups seriously until they get burned, and a $10000 burn (current prices, this will go up!) is going to fucking hurt. |
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