Greekcoin is now proposing Anon addition to the terrific coin. They are scheduling a meeting to discuss if it is a good idea. LMAO.
They clone x11, they clone DGW, they just steal the idea of anon/private transactions and call DRK a scam. Pathetic douchebags run the altcoin joints. I am sure some cloners are making 100 BTC+ out of each of these shitcoins alonmg with the pimps aka "community manager"s they hire.
I may be in the minority, however, who thinks all of this, despite active FUD is all a great advertisement for DRK if it stays on track for the target RCs the next 2 months.
A month or so ago, I thought this community would cave-in to the oncoming exposure and FUD (before the price runup). I am now thinking this community has toughened up and matured to handle a lot of the noise. In fact I will start maintaining a score. So as of today,
Troll Defense Score = 6.00/10.00
This will need to increase in the next run ups.
Every crapcoin in the universe:  |
|
|
|
There are people popping up in IRC and other plases that are looking to buy DRK with fiat, What places besides Bitfinex have drk for fiat ? Is it not correct that you dont have to buy BTC first on Bitfinex ? can just transfer fiat, and buy drk directly without going through BTC? If you could list some here It would be great  Then it is possible just to link to this post for those people Also ccex & bter. https://c-cex.com/?p=drk-usdhttps://bter.com/trade/drk_usd |
|
|
|
I don't like the name of this coin. Can we maybe rename it to 'Darkcoin Lite' or something?
I'm sure there will be a coin called Darklight before too long. |
|
|
|
Is mintpall the best place to buy some coins.
Yes. |
|
|
|
Do you know, which coin uses NIST5 algorithm? Very low temperature and low energy consumption. Looks interesting.
Even if this advert is true, a 3.8% power difference is hardly worth choosing a coin for. |
|
|
|
Really? One in seven readers of this thread thought that last correction would take us to <$25?  |
|
|
|
What if a new form of address was created, a masternode-splitting 'dumby' address, which allowed address A, B, C and D to each send 250 DRK to the special MasterNode-splitting address "E" and only allowed address A to send or request to receive address A's 250 DRK, and only allowed address B to send or receive address B's 250 DRK and so on.
You could then have a knowledgeable masternode network manager, like Dyslexic Zombie, come in and create a MN from that dumby MN address and take a fee but never actually have the ability to take possession of any DRK from the address itself?
Surely it's simpler just letting the 1k be held in multiple addresses. Their owners could create public messages associating them with the masternode, to be used by the computer running 'masternodeaddr=' . What do you mean create public messages and what's to stop me from claiming the 333k DRK-holding XosX address? You can digitally sign a message using your private key, generating a digital signature. Anyone can then use your public key along with the digital signature and the message to verify that it was created by someone with access to the private key. |
|
|
|
What if a new form of address was created, a masternode-splitting 'dumby' address, which allowed address A, B, C and D to each send 250 DRK to the special MasterNode-splitting address "E" and only allowed address A to send or request to receive address A's 250 DRK, and only allowed address B to send or receive address B's 250 DRK and so on.
You could then have a knowledgeable masternode network manager, like Dyslexic Zombie, come in and create a MN from that dumby MN address and take a fee but never actually have the ability to take possession of any DRK from the address itself?
Surely it's simpler just letting the 1k be held in multiple addresses. Their owners could create public messages associating them with the masternode, to be used by the computer running 'masternodeaddr=' . |
|
|
|
What about a date of release for the open source code ? This is taking so long that it looks like Darkcoin can only rely on having a closed source. The darksend part will be open sourced when finished, the rest of darkcoin is already open source. |
|
|
|
Well, he offered me 24 hugs for 15.2 BTC. I wanted to meetup with him, but he said he can't come to melbourne.  Sad panda is sad Where can he come to? I'm sure many would be interested in a face-to-face meetup. |
|
|
|
Tired of the FUD ? Read the FAQ : http://wiki.darkcoin.eu/wiki/FAQWas Darkcoin Instamined?I read someone who wrote that 50% of the coins in circulation are owned by the devsNo. This is a classic case of spreading FUD (Fear Uncertainty and Doubt) by supporters of other cryptocurrencies who perceive Darkcoin as a threat to the coin they support. The coin has been well distributed through exchanges since early February 2014 – almost 15-20 days after the coin's launch. One could buy as many cheap DRKs as they wanted, with prices of 0.0000x per DRK or 0.0001x per DRK. This can be verified by historic charts of c-cex.com and poloniex.com of early Feb 2014. These two exchanges were the first that adopted DRK. Huge buy orders of 20-30-50k DRKs were being filled by early miners who were dumping their coins for pennies, not really appreciating the coin they had in their possession due to the “abundant” way in which they mined it as people do not really appreciate what they are given in ample quantity. Miners who “instamined” large quantities never foresaw the huge price increase and as such sold over a million coins at prices from 0.0000x up to 0.002 – with the first large batch being sold after DRK hit the exchanges and the next large batches being sold from February 2014 to April 2014 @ 0.0015 BTC price levels. In fact, many coin holders were complaining* of all the “dumping” by those who held cheap coins from the start that kept the price at artificially low levels for 2 months straight. The dumping ended, due to tremendous market demand, when a “pump” was initiated by “whale” buyers that swallowed millions of USD (in DRKs), raising the price from 0.0012 to 0.017 within a few weeks. - During this dumping period there were certain individuals who spread FUD about how the coin will never rise in price due to the instaminers dumping continuously. These are typically the same people who are claiming that the 50% instamine distribution affects the coin distribution today. However it is impossible to simultaneously claim that the coins were being dumped and that the 50% instamine holds true today. It's either one or the other. Since the coins were being dumped, the 50% instamine distribution was gradually reduced with each dumping wave. Blockchain analysis indicates a well distributed coin, reflecting the fact that the dumped coins were evenly distributed through the market. Early distribution is not currently an issue as huge buyers have been reshuffling the "rich-list" in their favor, buying millions of dollars in Darkcoins during May 2014. Late distribution through aggressive buying is currently more of a concern than early distribution.
(Mar 29, 2014 by Evan Duffield) This is the story of how Darkcoin came about. Recently the community has grown a lot and many people here aren’t aware at all of the early history of the coin. I’m sure you’ll see from the full story that I would have done things much differently, but hindsight is always 20/20. So who am I and what do I offer? My name is Evan Duffield and I’ve been developing software since I was 15. I also have a history in finance and an interest in economics and machine learning. I’ve worked all over the space for PR firms, creating search engines and machine learning algorithms for financial modeling. I’ve have a rewarding career and consider myself lucky to have been a part of many great projects. Also, it’s worth noting when I worked at Hawk Financial Group I got my series 65 (a financial advisor license) and I’ve used that knowledge extensively for Darkcoin. The birth of Darkcoin I discovered Bitcoin in mid 2010 and was obsessed ever since. After a couple of years in 2012 I started really thinking about how to add anonymity to Bitcoin. I came up with maybe 10 ways of doing this, but I soon realized that Bitcoin would never add my code. The developers really want the core protocol to stay the same for the most part and everything else to be implemented on the top of it. This was the birth of the concept of Darkcoin. I implemented X11 in a weekend and found it worked pretty well and it would give a completely fair start to the currency. What I really was aiming for with X11 is a similar development curve where miners would fight to create small advantages much like the early start of Bitcoin. I think this a requirement to create a healthy ecosystem. Next I was thinking about changing the reward system. I thought it would be an interesting experiment to add more incentives to join mining early on, driving up the hashrate and protecting the network, that’s when I came up with 1111.0 / ((x+1.0)^2.0), which was the first formula for controlling rewards. Launch It was January 18, 2014 and I had everything ready or so I thought. I announced the launch of Darkcoin (XCoin at the time) on BitcoinTalk. We launched later and immediately got stuck on block 42, I was new to the Bitcoin codebase and wasn’t sure what I missed so I announced we’d relaunch later. When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block. Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here: https://bitcointalk.org/index.php?topic=421615.120 I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet. Growth Right after block 4500 is when I started working on DarkSend. I was trying to create a proof-of-concept and eventually I succeeded, I posted about it and our coin started to become more popular by the day. This is when the coin became a serious project of mine. Later on we switched to 11111.0 / ((Difficulty+51.0)/6.0)^2), these formulas proved to be much more powerful incentives to drive up the difficulty than I thought they would. Soon after we switched to (2222222.0 / ((Difficulty+2600.0)/9.0)^2.0), targeting a difficulty of about 3400. In the end? Darkcoin started from a few months of me thinking about ways to create a better coin and a couple weekends of coding. It wasn’t till later that we got established and I really started taking this seriously. Anyone can compare our recent efforts to the sorted past and see things are going much smoother. No one really knew how much this would blow up (in a good way) and how popular it would be, otherwise I would have took my time in the beginning. Goals and the future of Darkcoin I don’t believe the origins of Darkcoin are too much to overcome, but investors and users are going to have to decide for themselves if they want to support the project. Recently I’ve shifted away from other projects to going full time on Darkcoin. I think with a full time developer and our solid community we’ll be able to make something great. It’s only been a couple months and we have a lot to show for it (X11, DGW and DarkSend Beta) and there is more in the works. This obviously didn’t go perfect but I think we have a really fantastic community and I see a really bright future for Darkcoin. Of course mudslinging is easier than innovation. So keep creating new accounts while the Darkcoin team is innovating. Have a good day ! /end thread - nice try fudsters haha |
|
|
|
I guess the rally has now officially started.
It has. Checkpointing made a lot of people nervous. |
|
|
|
Interesting. Does anyone know how ofter coinmarketcap updates? It's only 25 minutes later and coinmarketcap now says Darkcoin 24 hour volume is $ 1,082,790. Has there been a sudden huge spike in volume? I notice the prices often take a while to update but I hadn't been paying much attention to volume updates. |
|
|
|
Surprise about DRK's support strength relative to BTC given their respective market caps.
Surely the behaviour you describe is unsurprising as it would be expected to be proportional to volume rather than market cap, and furthermore will apply to resistance as well as support. |
|
|
|
|
Why is bitcoinwisdom showing no mintpal support at all under 123? There totally is support all the way down, I can see it on mintpal itself.
|
|
|
|
Edit: mostlikely caused by these awesome news that are in the post here above, REALLY !! THE Greg Maxwell Will review the code ... (should have posted a rocket instead of the train  ) Now... he has certain preferences regarding bitcoin vs altcoins and he has a certain philosophy that he has expressed as to why bitcoin-based clones are redundant, scummy, evil or whatever.
...
Almost personal-level criticism I've read about the darkcoin developers has also been uncalled for in some of his past posts.
Aye. Being respected is what makes him king. And he has demonstrated that he will wield that power with little regard to the facts, because in his eyes we are sleazy money making scummy villainous altcoin people that used his coinjoin work. To him, crushing darkcoin or trying to, is the "right" thing or at least inconsequential to the success of bitcoin via the holy grail of coinjoin, which he invented. He sees no need for darkcoin. Then surely him reviewing darkcoin doesn't even merit trains, let alone rockets. It'd be like hoping for a stock price surge in a lesbian convent porn company based on a coming review by Fred Phelps. |
|
|
|
mostlikely caused by these awesome news that are in the post here above, REALLY !! THE Greg Maxwell Will review the code ... (should have posted a rocket instead of the train ) It's good he's agreed to look at the code, but posting rockets over it is a bit much as he's one of the biggest Darkcoin skeptics. Just read his posts in that thread. He's also complained about his name being used to promote Darkcoin, so splashing his name around lots might not be for the best. |
|
|
|
We want to make it clear that automatic checkpointing is a temporary solution that will be removed from the code as soon as we feel it is safe to do so. Though it is clearly beneficial for use as a failsafe mechanism while we perfect the code that powers Darksend, in the long term, the presence of a centralized checkpointing server on the network is unacceptable.
Sorry for my ignorance if this is covered elsewhere, but why is a centralised server necessary? Why couldn't for example new versions of the mining code contain a key which must be included in each solved block after a certain date for that block to be considered valid by those that have updated correctly? Thanks. If I understand what happened last time, a bunch of forks appeared of the updated code. So, while I think Evan believes he's fixed the issues that were causing these forks, checkpointing ensures there can only be one updated fork in case something else unforeseen comes along. That makes sense, thanks. |
|
|
|
|
Show Posts
