People wire billions/trillions through the banks and it takes ...days. So, even if it is used to transact a fraction of this volume in a few minutes time across the globe, it's still good. And remember there are A LOT of people that do not have access to banking services, credit cards etc on a global scale.

Development.

I saw that too and that's why I'm injecting doses of realistic expectations every now and then.


Portions not related to DarkSend are open source right now.

Only the most fantastic traders.


What Evan is trying to do with masternode payments is NOT simple and the complexity ensures problems. A large number of problems have been showing up on testnet for over a month and it's reasonable to expect there will be more problems on the actual network.

It's not like Evan doesn't want to get it sorted and take the coin to 0.03+.

I don't think anybody is looking for excuses here. Masternode payments are a serious hack to the bitcoin protocol because they add further layers of consensus to the network. We could fork another 2 times and still not get it right - until we actually do. The only people "disappointed" are those who do not realize the size of the task, thinking it's something minor. Newsflash: It's isn't. Calibrate your expectations accordingly.

Prior to the May 25th fork I wrote:


Prior to yesterday's fork I wrote:


Am I prophet for writing the above? I just understand what the task is and what to realistically expect.

Anyone thinking that success is 100% guaranteed, is deluded. Even Bitcoin can crash in an instant due to some bug or even fork - without even applying dramatic/fundamental changes. You try your best and hope for the best. If it isn't enough, you try again and again until you succeed. There is no other way. All others are shitting on DRK and then they'll use the same masternode protocol for their own payments, when it's ready. Even Bitcoin might apply something similar to give incentives to node operators as that aspect is not very future-proof.

The primary buyers / whales of DRK and the largest holders have a different worldview of things compared to the "oh I have 20 DRKs and I call myself an investor" attention-deficit-disorder people.

They have more realistic expectations and are not behaving like ...well.... "stupid people". For the most part, at least those who understand cryptocurrencies, understand that a development plan needs time, effort and even trial & error to get it right. The patience level varies between them as there is no uniformity of what they are willing to accept in terms of delays, but most are quite mature in their approach. Besides, even with the delay, the bump from 10% to 20% ensures that they'll get more than they bargained for.

Yeah it only went up from 0.0012 to 0.02 since their introduction...

The code must be able to account for freak results, even if they happen rarely. You can't have your coin at the mercy of random forks due to a known bug.

When the first delay occurred, people were like "if there is a second delay, the coin will die".
When the first fork happened, people were like "if there is a second fork, the coin will die".

It seems to me like the benchmark is always re-positioned to the next possible make-it/break-it point to add extra excitement and drama.

If people have unrealistic expectations of what a development project is, that's their problem. I think the market is showing tremendous levels of maturity and now understands the situation far better.

I think Evan is pretty busy monitoring the system and its wellbeing rather than trading the coin.

But, there are several layers of information.

The way information propagates is something like this:

1) IRC
2) Bitcointalk / Darkcointalk (in days like this it's Bitcointalk)
3) The internet at large

Even at the IRC level, it has two strata, one being #darkcoin and another being #darkcoin-test, with #darkcoin-test being more in the know than #darkcoin.

In finance, the two most prized abilities are

- Knowing the future
- Controlling the future

...as you can make tons of money out of these.

What happened earlier is that #darkcoin-test witnessed an announcement to something like 50-60 people that there is a problem and that the dev will shut down payments with a patch. Everyone else (#darkcoin IRC, darkcointalk, bitcointalk, etc) were in the "dark" and celebrating about the success of the patch. Some were already selling on those who were celebrating and asking "why are people dumping???" given that some had better info than others.

Note that this is not a function of being an insider, but rather actively seeking information to be up-to-date, as the info is public for all if one goes to the proper channels.

Some on the IRC felt that my taking this info from darkcoin-test and posting it onto bitcointalk is not good and that perhaps darkcoin-test should be password-locked or something. I made the case that if that happens, this lack of transparency is then in itself a function of financial manipulation because those who have a password, will have access to advance info against all the others. A password for a closed IRC channel could be worth XX.XXX USD in this context.

The market should mature in its reactions to good or bad news (ok this is cryptoland, so...) but, IMO, transparency is non-negotiable in this aspect.

I don't have the requirement for information to be brought to me, and 99.9% of the time I don't even bother to find the info (=log into IRC) but today I did because I knew if I didn't I would be lagging in terms of updates. So I tried to relay this info to the forum as well. If the darkcoin-test was closed, that would be impossible.

The dev doesn't possess bi-location ability to be simultaneously able to post in the forum, irc, twitter, facebook etc etc, while also seeing the problems and trying to fix them. He is one man and thus can only post in certain places at a certain pace given time and workload constraints. People in here bitch about information/communication issues, and the dev not giving updates to the forum, when in fact he is active on the IRC, but the info is not always reaching the forum and it creates unnecessary panic that the dev is somehow absent when the whole universe is imploding.

In any case, to make the long story short, I haven't seen any evidence of financial manipulation. And, as long as the process / communication is transparent, we will be OK.

You've created this account and made 13 posts. Unsurprisingly, all 13 are to bash DRK.

Obvious troll is obvious...

I think we should make it an official policy of this thread to post semi-naked chicks every time a FUD-post is posted.

Quote the fuder =>


=> chick

WIN

[01:51] <evan82> http://pastebin.com/QmbM8dPH
[01:51] <evan82> I found the problem :-)
[01:51] <evan82> It's actually rather simple to fix
[01:51] <tifozi> ahem
[01:52] <evan82> anyone care to guess from the paste? I'm curious
[01:52] <tifozi> checking
[01:52] <tifozi> badVote
[01:53] <evan82> Both votes have the same hash, but they have different votes
[01:53] <evan82> er both blocks*
[01:54] <evan82> Two blocks are solved at nearly the same moment on the network, both are propogated and accepted by the network. In the current implementation both blocks have the same hash, but in these blocks there's some discrepency about who to vote for.
[01:54] <evan82> In one block the miner votes for 88802 and 88803, in the other the miner abstains from voting. When the next block is solved it's based on of one of the older blocks, so half of the network beleives the miner cheated and rejects the block causing a fork.
[01:54] <GNULinuxGuy> nice
[01:54] <evan82> The solution to this is rather simple. Any changes to the votes need to also change the hash of the block. The network must not think these two blocks are the same.
[01:54] <tifozi> How come we didnt see this in testnet
[01:54] <tifozi> seems rather simple problem
[01:55] <tifozi> what in mainnet causes it
[01:55] <evan82> Not sure. No one noticed.
[01:55] <qqr> race conditions are hard to witness

Buyer seems to love girls & chewing DRKs, steadily, whether in small or large chunks.

2014-06-20 22:50:23   BUY   0.01690000   2.00000000   0.03379999
2014-06-20 22:50:23   BUY   0.01690000   0.50000000   0.00844999
2014-06-20 22:49:55   BUY   0.01689000   413.01118429   6.97575890
2014-06-20 22:49:39   SELL   0.01687900   25.00000000   0.42197500
2014-06-20 22:49:37   BUY   0.01689000   252.98881571   4.27298109
2014-06-20 22:49:17   BUY   0.01687900   20.00000000   0.33758000
2014-06-20 22:47:41   BUY   0.01681000   20.97948560   0.35266515
2014-06-20 22:47:16   BUY   0.01681000   5.00134741   0.08407265
2014-06-20 22:47:15   BUY   0.01681000   0.06881023   0.00115670
2014-06-20 22:46:17   SELL   0.01678000   4.00000000   0.06712000
2014-06-20 22:46:16   BUY   0.01680000   57.08594434   0.95904386
2014-06-20 22:46:03   BUY   0.01680000   1142.91405566   19.20095614
2014-06-20 22:46:03   BUY   0.01680000   2.00000000   0.03360000
2014-06-20 22:46:03   BUY   0.01680000   0.59204731   0.00994639
2014-06-20 22:46:03   BUY   0.01679950   57.08764349   0.95904386
2014-06-20 22:45:50   SELL   0.01675000   0.21000000   0.00351750
2014-06-20 22:45:44   BUY   0.01679950   14.76069585   0.24797231
2014-06-20 22:45:44   BUY   0.01679000   0.08000000   0.00134320
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2014-06-20 22:45:44   BUY   0.01678000   0.29000000   0.00486619
2014-06-20 22:45:19   BUY   0.01675000   41.34610005   0.69254717
2014-06-20 22:45:11   SELL   0.01670000   176.56100757   2.94856884
2014-06-20 22:44:57   SELL   0.01670000   0.01000000   0.00016700
2014-06-20 22:44:52   BUY   0.01670007   18.07702265   0.30188754
2014-06-20 22:44:40   BUY   0.01670000   22.54785000   0.37654909
2014-06-20 22:44:40   BUY   0.01670000   47.30021907   0.78991365
2014-06-20 22:44:40   BUY   0.01670000   2.00000000   0.03340000
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2014-06-20 22:44:40   BUY   0.01666110   0.50000000   0.00833055
2014-06-20 22:44:40   BUY   0.01666109   35.86125775   0.59748764
2014-06-20 22:44:40   BUY   0.01666109   1.10518450   0.01841357
2014-06-20 22:44:40   BUY   0.01666109   34.39567824   0.57306949
2014-06-20 22:44:40   BUY   0.01666000   10.00000000   0.16660000
2014-06-20 22:44:40   BUY   0.01666000   16.50000000   0.27489000
2014-06-20 22:44:33   BUY   0.01657000   0.01000000   0.00016570
2014-06-20 22:44:16   BUY   0.01665000   0.02000000   0.00033300
2014-06-20 22:44:16   BUY   0.01665000   1.00000000   0.01665000
2014-06-20 22:44:04   SELL   0.01657110   45.00000000   0.74569950
2014-06-20 22:43:38   BUY   0.01664700   74.70146922   1.24355535
2014-06-20 22:43:27   BUY   0.01664700   3.81077251   0.06343793
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2014-06-20 22:42:50   BUY   0.01660000   9.53651665   0.15830618
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2014-06-20 22:42:25   BUY   0.01656110   0.01330000   0.00022026
2014-06-20 22:41:08   SELL   0.01654000   13.14827959   0.21747254
2014-06-20 22:41:08   SELL   0.01655000   18.00000000   0.29790000
2014-06-20 22:41:08   SELL   0.01656000   1.27304468   0.02108162
2014-06-20 22:40:21   BUY   0.01655000   0.02540000   0.00042036
2014-06-20 22:40:21   BUY   0.01655000   3.70380732   0.06129801
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2014-06-20 22:36:28   BUY   0.01654000   31.90542476   0.52771575
2014-06-20 22:35:27   SELL   0.01653835   4.00000000   0.06615340
2014-06-20 22:34:54   BUY   0.01653001   0.03614198   0.00059742
2014-06-20 22:34:52   BUY   0.01653001   5.00252268   0.08269175
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2014-06-20 22:33:04   BUY   0.01654000   5.00304413   0.08275035
2014-06-20 22:33:02   BUY   0.01654000   5.00304413   0.08275035
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