Are you using the Mintpal chart?

Mintpal had issued a notice of maintenance


...might be related.

The specs were upgraded along the way hence the delivery takes more time.

Plain coinjoin evolved into DarkSend to solve issues that appeared while implementing coinjoin (like DOS).

Normal node mixing evolved into masternodes and introduction of proof-of-service with masternode payments that is a platform for various services across the network - something impossible with plain nodes. It also future-proofs the network in ways that haven't been solved up to now.

So there is actually over-delivery in the part of the dev compared to the initial plan. And the competing with the other top altcoins / bitcoin part is right on track (what a DRK buyer wants to see).

As for the rest of vapor-ware coins, why are they so anxious for Darkcoin to finish? Ah yes, because they have nothing to show for and want DarkSend opened.

You got it backwards.

The plan for DRK was to provide privacy / moderate anonymity but pressure escalated to improve anonymity around March after some discussions between Evan and Anonymint and that's what is being done the last few months (DarkSend was changed to increase anonymity and it will get further increases).


Btw, full of win that statement with competing with other top alt-coins or even Bitcoin...

As for the encryption, network encryption is the easy part. Getting the mechanics to work on the Bitcoin protocol is the hard stuff.

DRK "relies" on masternodes, XC "relies" on xnodes... Branding differences. Given that most people open their wallet to transact and then close it, or have their PC off, dedicated hardware is better for network reliability. However there is nothing preventing one from running a masternode on their laptop.


DRK has encrypted transactions as a planned feature since January.


Adoption for cryptocurrencies in general is problematic. It will take years - and I'm not talking about 2-3-5-10 merchants accepting DRK or XC. We are talking about tens of thousands of merchants doing so. The attention span of most people in cryptoland is too short for waiting so long.


The potential to provide network services that are paid for them, is a DRK concept. The difference being that XC is a PoS coin and as such cannot pay with block generation, so it'll have to do it with fees.


People said that since the beginning... It's working great so far and the global media love it for portraying it as the darker brother of bitcoin or something. I think the name is a definite hit.


Tends to happen with all market leaders.

Panic buy

Speculation crushed

Or maybe he wants to setup 60 nodes and moving the money through cryptsy as to not be identified directly with the nodes.

Or it's just cryptsy cold wallet and someone else took "delivery" of their own DRKs and have to compensate for liquidity in the hot wallet.

The versioning for prealpha/alpha/beta/RC was for DarkSend, not the entire Darkcoin project.

bump

If we had ample quantities, there would be no reason having copper-nickel coins. It'd all be gold and silver. So even more demand.

For silver in particular, it would also mean wires are made out of silver, instead of copper. Silver is a better conductor. Especially in electric motors, silver wire coils produce more power than copper coils for the same electricity produced.

Someone would explain it like this: "we are running dangerously low on DRKs from stupid people"

How does the anon work anyway? Is there a whitepaper?

It is... it inflates at a rate of ~1-1.5% in itself (2.500 tons added annually to 180.000 tons above ground quantity). The global monetary supply is inflating faster, so the ratio between fiat money and quantities of gold is going in favor of gold.

1. It will get to totally private and (almost completely) anon when it gets anonymity enhancements + strong IP obfuscation.

2. It's not simply ironing out. I don't think people understand that altering the Bitcoin protocol in such a fundamental way, and making it resilient, is huge. It sounds simple in concept ("we'll add 10-20% payment to the node") but the delays should make everyone appreciate that it isn't.

Bitcoin is going against everything that we know regarding "coding" in the sense that ...it doesn't break! If you alter it in some ways, it can break. I don't even know if it is possible to alter it in a way that doesn't introduce some kind of vulnerability. Evan will need all the help he can get with this, not only by experienced people who do quality testing, but also by experienced coders that might be able to find different solutions in things that he can't see. The task of ...defying Satoshi's codebase, even by modifying it and trying to preserve its resilience, is no small feat.

A month ago I wrote:


Now remember... Bitcoin has redefined stability in a way that altcoins should be ...ashamed of themselves, really. Almost any changes that altcoins do on the bitcoin codebase, result in some type of problem. Or if they are written entirely from scratch, they have tons of issues (like CN coins, POS coins etc) because, well... they weren't written by the brilliance of Satoshi who had every parameter and possible eventuality almost mapped-out. The guy was thinking about variable types that expire in decades... His mind had a branch-prediction of seemingly every possible eventuality.

In my estimation it will require quite a bit of time to get everything sorted out but that's no blocker really because actual development projects require time. Writing a whitepaper just to initiate a pump & dump, without any substance behind it, takes just 40 minutes. Any coin that promises the world and skips the "ok, but where is the development time that is needed to do all these?" is nothing more than a scam. DRK isn't leading because it solved everything in a week. It's building upon months and months of work / new code / trials.


This thing actually started back in February. It seems to be almost inherent to DRK... Back then DRK was like 0.002... Around late February an exchange was hacked, the hacker took 330 BTCs and bought DRK that he then dumped on Poloniex. This would be enough to kill ANY coin at that stage. The dumps were massive. Yet, the coin rebound back to 0.002 and only after several waves of dumps the price went down to 0.001-0.0015. The resilience shown was even more mindblowing than the current one - as weird as it may sound given today's numbers, because the Feb numbers in terms of order book / liquidity / marketcap were faaaaar smaller...

There is simply no single coin out there with the resilience of DRK, whether it's the community acting as a pillar of stability, whale buyers, or a combination of both.

The inputs in the above diagram are not identical.

Check the difference with a DarkSend:

http://explorer.darkcoin.io/tx/56b3b95b76995d3e4d3107cf753c8496493010f625fc04d971e9262d74e6a5a5

Coinmarketcap

306    GreeceCoin   $ 192   $ 0.000130   1,483,582 GRCE**   $ 6   -78.86 %

192$ market cap?

This is not even worth the space and bandwidth of bitcointalk.

=> https://www.facebook.com/DarkcoinOfficial

That's the official one.




updated list

sounds good... post a pic when you put the license plate on

This is a damned if you do, damned if you don't scenario.

- If checkpointing is temporarily enforced to provide a safety net for potential forking => some will express "centralization" concerns and say they will sell.
- If random forking remains a threat during the next upgrade => some will have uncertainties regarding forking and might want to express their desire to sell to avoid a similar issue
- If you wait another 2 months to debug the shit out of masternode payments => some will say "ohhh more delays, let's sell"

You can't satisfy everyone...

PS. It's good though to have investor pressure in order to deliver the best product possible.

Darkcoin is implementing node payments, but not any node. It pays 20% of block reward for each "masternode", which is a node through which anonymous transactions are laundered.

Thus a "proof-of-service" model is rising out of this, with expansion potential in terms of services provided over the network.

This is how block generation appears (this was with 10% block reward in May... block 5, where 4.5 goes to miner and 0.5 goes to masternode)

http://explorer.darkcoin.io/tx/ae49260fef47a631cd64750c1b5d3fea184bbd32df3e2f1dc4cd61913932802e

Currently payments are down for debugging, they should resume at 20% later this month.