Although I agree, when ASICs are made, and they will be made, we need to go with the flow. However, just to relieve your fears a bit, no governmental institution is going to be faster than the market. It takes too long to get approval for the idea, requisition the funds, and by then someone will already have come out with the product.
I doubt anyone of power in the government even knows about Darkcoin, they are fixated on Darkwallet, which will fall due to infiltration of the browser before they realize we exist. By then it will be too late.
With respect, while you might be right about the government, it's unwise to underestimate the Company... Langley runs the circus, not Washington.
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Was this kid really so stupid as to say this? "Wilson described his intentions for Dark Wallet more directly: “It’s just money laundering software.”" about dark wallet? Do people really not understand privacy? We have given up so much of our privacy that nobody values what it gives us anymore! My family posts pictures of me on the internet and then tags them with my name, and sees nothing wrong with that! My old work took a picture of me without my permission, in fact I told them not to, and still stuck a picture of me on the internet. There is no respect for personal privacy anymore! It just amazes me! I know what you mean, drives me nuts being surveilled at all times. Luckily I have a godlike body and an ugly face, so anyone taking my picture usually crops my head out of the shot.
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By "ready to deploy" I thought it was implicit that they're "mining with customer's pre-orders"
In a world of trustless finance, pre-order mining investors are the biggest trusting dumb-asses in history.
I think they must have steadily upped the flouride in the water supply...
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Is there any way we can "invest" in DarkMarket? I'd like to think there will be a big boom in value off the start until people figure out its drawbacks.
Last I heard they hadn't even released the code or tested it out in the big bad. Matter of time though before p2p markets start popping up everywhere.
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But Darkcoin is not a scrypt-based. I highly doubt their asic would work with x11. If asics did come it would definitely drive to block reward down to 5 and probably help the price that way... so it probably wouldnt be that bad tbh. Even though I love mining x11 It won't work. They made the error of listing Darkcoin as an scrypt coin, which is not. IMO Darkcoin will need a large number of privately-held ASICs to secure it. We, miners, tend to lose focus of the important thing which is network security, caring only about how our GPU should still mine the X or Y coin. Darkcoin is not a meme coin, an animal coin, a country shitcoin or whatever the hell coin that nobody cares to attack it. It has a target painted on its back because it threatens the establishment's ability to conduct surveillance on money flows. As such we can bet that the NSA has already X11 ASICs ordered to be ahead of the game. It would be highly unlikely that with their multi-billion $$$ budget they would not have taken such a step. The question is this: Do we want only NSA to have X11 asics and be able to 51% attack it at any time (or get the bulk of the issued new coins to use them for Darksend nodes), or is it more desirable to have a level playing field? You can't have a bitcoin-killer that isn't secure or that has a potential security threat due to mismatched level of mining equipment between the adopters and some agency that has orders to destroy the currency, or cast shadows of doubt in its usability. Ok, I like to mine DRK too with my GPUs but I'd take an ASIC-secured network anyday over me having my GPU to get my 1 DRK vs knowing the NSA has ASICs ready to make my GPU-mined DRKs worthless, along with the entire network. 99% of the coins out there pose no threat to the establishment and as such can toy around with cpus and gpus, knowing that nobody will attack them. Darkcoin doesn't have that kind of luxury. It will need all the hashpower it can get. Since the NSA budget is effectively limitless, a few regular Joes having ASICs is going to make no difference. The only way of keeping the network decentralised is currently by having many millions of CPU/GPU miners out there. We can't outspend them, but we do outnumber them. If someone builds an ASIC for X11, hardfork the code and push out a client update. In fact since we have no direct way of knowing if someone has X11 ASICs, (although the nethash and diff would provide clues) a regular code change and client update would be a good idea.
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you can see that the recipient has got it, they can see they've got it from you, everyone else is kept in the dark unless they have access to your wallet or the recipients wallet, in which case you're screwed anyway.
Are you sure??? Can I get a confirmation on this - that sender receiver CAN SEE the transaction details (i.e. from what address it originated)? If so, imho it has HUGE implications on privacy breach... I just sent a few DRK from one wallet to another using DS. The sending wallet shows where it has been sent to, but the recieving wallet shows "from unknown." So it's all good. Obviously you need to keep your own wallet secure, which is why for the love of all that's holy the wallet should be passphrase protected at startup!
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Dumb question if someone can help: How can one verify that they sent money to someone if its anonymous? Is there a way of overcoming this or are there various sending methods? Anon payments are great but tracked payments have their place as well.
Transactions are still verified by the distributed blockchain as usual, it's just impossible for a third party to determine where the DRK coming out of any given address went by inspecting the blockchain, as they are redirected (off-chain) by the masternode system. So you can see that the recipient has got it, they can see they've got it, everyone else is kept in the dark unless they have access to your wallet or the recipients wallet, in which case you're screwed anyway.
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Ok, I tried my hand at a flow chart again. I'm not sure this is accurate, but I think it works this way ?? My first though on seeing this was, UGH, this is far too complex! But actually it breaks down to less than 10 lines of code. (Or about 27 unintelligible characters of perl )
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We are pleased to announce something that doesn't exist yet, will cost a fortune if it ever does, and can be instantly obsoleted by a five minute change to your favourite coins codebase! Please send us your $$$$$ !!!
Yes, please take my money immediately!
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Wallets X, X1, etc. aren't associated in any way to wallet A. Nor can input and output amounts be matched - unless someone gains physical access to the machine where John keeps his wallet, I suppose.
This got me thinking: What prevents wallets A, X, X1 from being associated by IP address? There's no association on the block chain, but IP association is just as bad... I2P. Need to get smart on this I guess - I've never heard of it :p. Is that something that will be built into the client or is it a separate protocol (like tor) that will need to be set up? If separate, that's something that needs to be made clear with like a flashing neon sign... I think the I2P stuff is run on the masternodes, it will be built into darkcoind I assume, regular clients don't need to know anything about it or set anything up.
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Let me just float this one in the air and see if it has some merit. Imagine if Darkcoin could be used by governments for local, regional and eventually national voting in political elections. Stick with me for a bit. Voting costs a lot of money. There is a lot of administration. Voting has to be fair, anonymous and foolproof. Which bit of the above, so far, doesn't fit DarkSend?.The hashing algo can provide a proof of voting. The administrators to an election can buy enough Darkcoins and sub-divided them into Duffs and issue them to registered voters. Registration includes setting up an online wallet, app., etc. for voters. There are some security issues that need to be fleshed out, but that's detail. Over a specified period, voters can send their duffs to the candidate of their choice. Those candidates would have addresses that can be counted up in minutes not hours or days. The voting process is known only to the administrators and the voters - but crucially, the administrators don't know who the voters voted for, just that their Duffs were spent (they can even spend them on booze and not vote). The process would be so cheap to run by comparison to existing elections, you could have regional votes every month on this or that issue. And Darkcoin investors? Well, we would be laughing all the way to the DarkBank I think I'm going to put this one to a vote as a possible future roadmap suggestion, after we see if there are any flaws. The only fundamental flaw I see is the futility of voting in the first place. If your vote was worth anything, you wouldn't be allowed one. DS does fit the anonymity requirement nicely though. Blue sky, I would take it 1 critical step further: each citizen is sent a tax bill, which they pay by sending however much they want up to the total required to wallets corresponding to healthcare, education, blowing up Muslims, sexier nurse uniforms, fixing the roads, whatever they actually want their tax money spent on. That would be a lot closer to the principle of democracy than simply electing some shitbag who ignores how you want your money spent and instead lines his/her own pockets with it. "Government" then becomes (ideally) simply the transparent, accountable administration of funding the projects that the demos has specified and paid for. The fundamental flaw I see is that it would get a lot easier to anonymously buy and sell the votes Plus ca change... This way at least the little people could profit too if they wished. Shifting the power (and responsibility) down the ladder couldn't be worse than what we currently have.
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Let me just float this one in the air and see if it has some merit. Imagine if Darkcoin could be used by governments for local, regional and eventually national voting in political elections. Stick with me for a bit. Voting costs a lot of money. There is a lot of administration. Voting has to be fair, anonymous and foolproof. Which bit of the above, so far, doesn't fit DarkSend?.The hashing algo can provide a proof of voting. The administrators to an election can buy enough Darkcoins and sub-divided them into Duffs and issue them to registered voters. Registration includes setting up an online wallet, app., etc. for voters. There are some security issues that need to be fleshed out, but that's detail. Over a specified period, voters can send their duffs to the candidate of their choice. Those candidates would have addresses that can be counted up in minutes not hours or days. The voting process is known only to the administrators and the voters - but crucially, the administrators don't know who the voters voted for, just that their Duffs were spent (they can even spend them on booze and not vote). The process would be so cheap to run by comparison to existing elections, you could have regional votes every month on this or that issue. And Darkcoin investors? Well, we would be laughing all the way to the DarkBank I think I'm going to put this one to a vote as a possible future roadmap suggestion, after we see if there are any flaws. The only fundamental flaw I see is the futility of voting in the first place. If your vote was worth anything, you wouldn't be allowed one. DS does fit the anonymity requirement nicely though. Blue sky, I would take it 1 critical step further: each citizen is sent a tax bill, which they pay by sending however much they want up to the total required to wallets corresponding to healthcare, education, blowing up Muslims, sexier nurse uniforms, fixing the roads, whatever they actually want their tax money spent on. That would be a lot closer to the principle of democracy than simply electing some shitbag who ignores how you want your money spent and instead lines his/her own pockets with it. "Government" then becomes (ideally) simply the transparent, accountable administration of funding the projects that the demos has specified and paid for. Both interesting ideas to explore. Like I keep saying though, first you'd need to make darkcoin something that my grandmother could use. Want to see it explode in a way BTC only ever dreamed of? Figure out how to do that . You're right, and this is where all previous plans for world domination have failed. Happy grannies should come first, all else will inevitably follow. (I am quite serious.) Saw this elsewhere about VTC: http://vimeo.com/93022009We need more community videos about DRK. They don't have to have a multimillion DRK budget. Shoot something on your phone and post it on Youtube, anything. Just get the word out...
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If your vote was worth anything, you wouldn't be allowed one.
Man... that is one of the most PROFOUND statements I've read in a while... let me just tweak it a little. If your vote was worth anything, it would be taxed. Right now it's both worthless AND taxed.
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Let me just float this one in the air and see if it has some merit. Imagine if Darkcoin could be used by governments for local, regional and eventually national voting in political elections. Stick with me for a bit. Voting costs a lot of money. There is a lot of administration. Voting has to be fair, anonymous and foolproof. Which bit of the above, so far, doesn't fit DarkSend?.The hashing algo can provide a proof of voting. The administrators to an election can buy enough Darkcoins and sub-divided them into Duffs and issue them to registered voters. Registration includes setting up an online wallet, app., etc. for voters. There are some security issues that need to be fleshed out, but that's detail. Over a specified period, voters can send their duffs to the candidate of their choice. Those candidates would have addresses that can be counted up in minutes not hours or days. The voting process is known only to the administrators and the voters - but crucially, the administrators don't know who the voters voted for, just that their Duffs were spent (they can even spend them on booze and not vote). The process would be so cheap to run by comparison to existing elections, you could have regional votes every month on this or that issue. And Darkcoin investors? Well, we would be laughing all the way to the DarkBank I think I'm going to put this one to a vote as a possible future roadmap suggestion, after we see if there are any flaws. The only fundamental flaw I see is the futility of voting in the first place. If your vote was worth anything, you wouldn't be allowed one. DS does fit the anonymity requirement nicely though. Blue sky, I would take it 1 critical step further: each citizen is sent a tax bill, which they pay by sending however much they want up to the total required to wallets corresponding to healthcare, education, blowing up Muslims, sexier nurse uniforms, fixing the roads, whatever they actually want their tax money spent on. That would be a lot closer to the principle of democracy than simply electing some shitbag who ignores how you want your money spent and instead lines his/her own pockets with it. "Government" then becomes (ideally) simply the transparent, accountable administration of funding the projects that the demos has specified and paid for.
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Something is brewing.... I don't have any idea how to read that, what is this implying? Thanks ! Causally, it's implying nothing - but lots of people draw all sorts of squiggles on price charts and claim to be able to predict the future, much like astrology or reading the entrails of a sacrificial goat. edit: I suspect what is going on right now is people doing as much as they can to acquire DRK as cheaply as possible before the next big rise. But the upward price pressure is building, they can't keep it down this low for very long.
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Hey guys, I'm new. I invested in darkcoin the other day and already made a nice loss. See my username. (although I haven't panic sold this one yet! I still have faith in the coin. ) My two cents about the site design: Make the logo a bit bigger, perhaps, and make it be vertically centered in that area. The area itself can be a bit smaller (lower height). Make it so that the top and bottom of the text aligns with the top and bottom of the logo. I would put a bit less vertical space between 'THE FIRST' and 'ANONYMOUS DIGITAL CURRENCY'. The way it's styled now makes it seem, on first glance, that 'THE FIRST' is a title, and the line below it is the subtitle. Of course, when you read it you understand that that's not the way it is, but general webdesign conventions make you think that at first sight. Also, the logo+text only take up a small percentage of the space in the middle (horizontally), and it's not centered or otherwise in line with the rest of the design. That probably sounds overly perfectionistic, but clever use of white space/negative space can make a design look better. See this link for a cool example http://sixrevisions.com/web_design/negative-space-in-webpage-layouts-a-guide/I agree that the dark darkcoin logo doesn't look good on the dark background. Or rather, it almost disappears. +1 on the logo spacing, and just about everything else, saved me typing it out... I like the new "DARKCOIN" text logo, be nice to see it displayed more prominently, maybe in the main body, not lost in the header? Anyway, good work!
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hash rate is ridiculous again.
The hash rate seems to come and go at different times of the day. I think people get home from school, work, prison day release, etc, and switch their machines on until its time to leave the next day. Might be TMB pointing our way.
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Also, please someone please name a coins that is more profitable than DRK!? At half the electric cost I can't find any
Currently, Juggalocoin. But, really, I'd rather chew my own legs off. Jugga-Whaaa-who?! look... gotta go see that one. But seriously, where do you get your info? whatmine.comTake everything there with a pinch of salt, by the time you've mined anything near top and got it to an exchange, it's usually plummeted down. Sticking with DRK.
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Also, please someone please name a coins that is more profitable than DRK!? At half the electric cost I can't find any
Currently, Juggalocoin. But, really, I'd rather chew my own legs off.
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Huge buy walls on cryptsy and mintpal Nethash >50GH, block reward 9. Crazy, not sure why so many are mining it right now when you can easily double your mining profits by mining other stuff and just buying DRK. Maybe everyone is totally confident in another upwards price correction, or maybe they are just lazy miners lol. Both, in my case. Plus heat currently an issue for me, X11 it is. Plus all the other coins are just plain crap, I refuse to support them.
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