I can't help but notice the huge pump going on over at blackcoin  www.coinmarketcap.com

The only thing different about this coin is it is POS with a multipool that mines SHA256 or Scrypt and pays out in black. Surely there is someone around here that could pull a DRK multipool?

People often quote 30% decreased electricity usage, I haven't tested this personally so I can't vouch for that number.

I have 280x and 290 (not undervolted) and I get

2.29 Mhash for 280x
2.55 Mhash for 290

Also temps are ~10-15C cooler, which helps the stability bigtime.

Here is a table with other user's numbers: https://docs.zoho.com/sheet/published.do?rid=12cbm2fe8ce55abb2476daa0f8c576b442d40&mode=html

The problem is you can't fake a 112BTC buy wall on cryptsy (at least there is no evidence that you can).  If you place a buy order you are risking that it get filled in one trade.  There is no way (unless you have inside access to cryptsy servers) to withdraw a buy order between the time that someone tries to sell to the order and the time that the order completes.

This exact scenario was the subject of a recent 60 minutes episode, and book "flash boys".  The book describes how high frequency traders were able to place huge buy walls, then intercept incoming large sell orders milliseconds before they hit the exchange. By moving the buy wall back a fraction of a second before the sell order arrived at the exchange they were able to make billions of USD.  They were only able to do this though with hundreds of millions of dollars invested into infrastructure in/around NYC.

Ultimately only someone with inside access to the Cryptsy servers would be able to set up fake buy walls in this manner, and there is no evidence that this has ever happened.

Nyancoin voted to go X11, should be implemented in the next couple weeks.

http://www.reddit.com/r/nyancoins/comments/22ivot/nyancoin_will_be_switching_to_x11_algo/

Has there been any progress made on an Nvidia x11 miner?  Someone posted on reddit that they were working on one: http://www.reddit.com/r/DRKCoin/comments/20yzaq/trying_to_develop_cuda_for_drk/ but the last update was 17 days ago and the original poster deleted their reddit account...

Dat wall.

Just a reminder to everyone - if you haven't subscribed to http://www.reddit.com/r/DRKCoin/ please do so!

We should try to build the community as large as we can before the release of darksend! 

Most people recommend to buy bitcoin on Coinbase, then send it to Cryptsy and buy DRK there.

I have nothing but respect for you Evan but this is a terrible idea and might even kill the coin.  The metrics you have suggested are completely arbitrary, and I am really bothered by the fact that the coins would not be automatically distributed by the network.  I trust you, we all do, but this just comes off as super shady and will scare off investors IMO.

1) The name is fine - "the general public" is never going to use darkcoin, it will be used by people who care about ANONYMITY - The general public will just stick with bitcoin, because it is "anonymous enough" for 95% of folks, and has tons of other advantages (wide retail acceptance etc)
2) The first 24 hours became a larger problem when the # of coins decreased from 84million to 22million, In retrospect this was probably a mistake... but we can't take that back now without killing the price and shaking investor confidence. The airdrop idea sounds super shady, even if it isn't.

Major changes like this should not be taken lightly.  Investors want specs that are written in stone. Major changes should ONLY happen if it's crucial for the success of the coin.  Neither of these issues meet that requirement and therefore I think should be left as-is.

I like the name a lot.  It's one of the biggest things the coin has going for it in my opinion.  It's edgy and it will appeal to people who want to transfer money anonymously. The name is also way way way better than "Zerocoin", which is a terrible name by any measure..  

Yep, most likely.  Once we get some more people synced it should be faster for everyone. Mine took about 10 minutes to find a node to sync with.

Is it just the windows client that is bugged?  All of the pools seem to be on the correct block, but http://drk.poolhash.org/poolhash.html shows a significant drop in network hashrate.

We've got a major problem, I have two wallets on two separate machines both stuck on block 46226.

v0.9.1.0-unk-beta
windows

So POS w/ decreased rewards looks like it won.

If I had the money I'd do the same thing.

Even if Nyan went to 10% it's current (abysmal) hashrate, it would have a higher hashrate than many other altcoins.  A 51% attack is extremely unlikely (I am only aware of it happening maybe once or twice in the history of altcoins), but I agree - x-11 with reduced rewards is not ideal.


Why is it not worth the effort?  We get to keep a mineable coin that is immune to a 51% attack and has a cool POS feature.


There needs to be a reason for investors to buy the coin.  What reason can we give them?  Our best hope was to build a strong community like dogecoin.  We had a lot going for us, ip license, huge nyancat following on FB and Twitter, a fun meme. So far though it hasn't panned out for reasons you have described (terrible conversion rate from the nyancat facebook page etc etc).  We could abandon the community/tipping/newbie friendly/ fun coin route and try to market the coin to investors, but it just seems like the wrong move to me. Would you invest in a coin based on a poptart cat internet meme with no community?  Our only hope in my view is to try to build a community, and I think it would be much harder to do that without mining.


I am a scientist working 60 hr weeks, with a super high maintenance gf and 2 cats , I often don't have time to respond to every point.    If we go pure POS I will still support the coin, just think it would be a mistake. I appreciate what you are doing for the coin and the subreddit, I know you're pushing what you think is right for the coin.

Can I vote no confidence?

X-11 / POS hybrid was the best option, as the first poll clearly indicated.

The 2nd best option would be:

X-11 w/reduced block rewards - why isn't this one of the choices? 

As for the pure POS, how are we going to get new people excited about NYAN if they cannot mine it??   In order to attract investors we need a community, and to build a community we need a mineable coin.

You're voting for the hefty algo here, separate from the other features of heftycoin. I agree though, the hefty voting is a pretty neat feature.