+1 Upvoted for truth  |
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In our time of instant gratification, a short attention span, a need for emergency (or normal) transactions abroad etc., real time texting etc., I would not deem a fast, reliable clearing time as a toy, rather as the necessity of the times we live in.
It's not that I disagree with that, it's that I'm saying that it's a waste of time for a blockchain to be worrying about it. 20 seconds is still far to slow. People will not be doing blockchain transaction in supermarket queues, airport coffee bars, or even online eCommerce sites. The transactions will be buffered by a payments processor who will be able to support infinitely more flexibility and speed that a 'fast' blockchain can. They currently do 5 seconds even if your bank takes 48 hours to clear the transaction. Love your posts as always Tok but remember that Darks journey is still very young - if Evan implements InstantX and version 1 is 20 second confirmations. What if Evan optimizes and makes confirmations 1 second upon refinement - this again could open up a new set of doors that nor you or I could have imagined. Look at Darksend and the Masternode network refinement over time as an example. |
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I have a similar issue. I received 8.75 DRK as a mining entry from a masternode. Blockchain explorer could not find the entry with a trans id of a841cd9947b831bc380703b81987b1036a6f03826804788556ca13a4b507f705-000. The 8.75 DRK was not noted by drk.mn under my masternode entry. I sent this 8.75 to another wallet and block chain explorer could not find the trans id for it either, 2844fa09d8038bd2ce7c9cad3244b3cf734d31f772eb91c7b9d905ae4d21b3b4-000. I have yet to receive the coins after 10 hours. I was at 0.11.0.11 when I received these coins and am now at 0.11.0.13 I had the same 8.75 DRK mined - then figured out I was still on the wrong chain when i upgraded to 11.0.13. You need to delete peers.dat and start darkcoin with the -reindex switch to the command line. Once it re-sync's you wont see the 8.75 DRK anymore and you will be on the correct chain. |
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Darkcoin price about to take off 
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Sigh....We have not seen over 0.007 since 16th November last year.....
I wonder when we will finally break free and attain our true value
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That was one of the weirdest, creepiest things I've seen in a bit and it was 100% related to the host and the camera-switching format. Evan though came across as a natural and was awesome! This should be a good pre-pre-precursor to Evan going live on Bloomberg TV soon. JL +1 I think Evan comes across great and very natural so well done Evan. I cant stand the host and his bow tie, seems very amateurish and robotic as a presenter and speaks as if he is reading one word at at time from script.. I would have preferred a different host with those great animations. Lets hope we can get Max or Bloomberg interviews  |
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Damn it - well then, everyone get back to work....setup more MNs!!!
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**HAPPY BIRTHDAY PRESENT DARK**
Total Masternodes: 2010 = 2010 actives + 0 inactivesIf we can get to 2500 MNs thats 50% of the coins locked away
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Starting January 18th, 2015:
Do not sell any DRK for lower than 0.018 BTC!
And buy some Darkcoins on the 18th!This is just a suggestion to everyone, it's voluntary. If you're a seller, realize that you will benefit when the price goes up. Let's do this! Happy Birthday Darkcoin!!  -onetime HAPPY BIRTHDAY and I concur with your voluntary suggestion |
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Just wanted to say Darkcoin core is AMAZING....
This thing is on steroids! Well done to the dev team.
Once the marketing plan has been released and executed this thing is going interstellar.
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Great news and congratulations Evan ;-) +1 Congrats Evan on an amazing job - your honesty, transparency and dedication to Darkcoin is second to none. |
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Congratulations Evan - well deserved.
Thank you for your efforts on bringing Darkcoin from strength to strength
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It looks like they're going to have the number of coins required for a masternode be determined by market forces....Is this a good or bad idea? I know it sounds a bit tribal and predictable to criticise that approach in the DRK thread - diversity is always interesting - but I can think of a few problems with it. For a start, it doesn't make for a very attractive investment proposition if your ROI is completely undeterminable like that. Think about it - you sit and do the calculations of whether it's worth it to invest in a masternode at current prices and you decide that you'll be in 'profit' in say 6 months, so you go and purchase $1500 worth of coin or whatever it is. But then just a week after setting up your masternode, learning Linux, pissing about with permissions, node hardening, hosting services etc, your masternode gets kicked offline because somebody came along with more money than you. How would you feel about that ? If wanted to design a 'cryptocoin-mechanism' for generating ill will amongst masternode holders, anxiety, mean-spiritidness and competitive rather than co-operative spirit, you couldn't do much better than with this approach. No-one would want to help each other with technical stuff because there'd such a strong financial incentive to inhibit any new masternode holders. On the other hand, look at how the Darkcoin network has evolved - there is a huge amount of co-operation and mutual support. There is predictable ROI - you pay your money and your node's secure for as long as you've got your 1000 DRK parked. The devs tweak the network parameters, not some bunch of baying wolf, tongues dangling on the floor investors who haven't a clue how to decide what number of masternodes is healthy for the network. You make a strong argument but I believe you are incorrect. I own both Darkcoin and Spreadcoin and understand what you are saying about fierce competition for masternodes with Spreadcoin but I love it and here's why. I am going to support my Spreadcoin masternode, "Competitors" like there's no tomorrow. Why? Because I am a huge supported or decentralization of currency and the free market. If the cost for a Spread Masternode goes from 100 to 500 over the course of the week, that's great because it means the price SPR has gone up as well because of that competition. If it goes from 500 to 2000? You're going to see some people selling a lot of SPR to buy a house. And what will that do? Reduce the price of masternodes and SPR because people will be cashing out. The unit cost for a masternode then goes down to 600. People buy because hey, it's a bargain. Rinse, repeat, through natural cycles creating liquidity along the way. At some point in the distant future, I believe this will lead to much greater long term price stability as it is a price the market has determined through quantification of countless variables. Evan choosing 1,000 is like the Federal Reserve setting interest rates. In my opinion, the market should decide. Coins required for a Masternodes should not be treated as a dynamic market priced asset, like shares etc....they are a service providing component which provides core functionality and stability to the asset, that being the coin. You want decentralisation through a strong network and community(Darkcoin), not through competition and dynamic market manipulation (Spreadcoin) Its not going to work - you sound like a die hard spread supporter when the majority of people are just investors looking to make money....you are the minority. |
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+1 Wow great read
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Wow. What is up with price?
Why is it continuing to trend down? New lows every week. This can't just be fud. There is no volume either. Where is the bottom?
Any XC team members have insight, news, and optimism to share from slack?
Whales are keeping the price low so they can accumulate. Just kidding, 2btc left till 0.00000001 and its dead. XC team skipping to the bank with their your 900+ btc |
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Thanks for protecting DRKs interests Evan. Whilst Kyle has been quiet for some time, I was around for many incidents of him making inappropriate comments and clearly not understanding how to speak professionally in an environment where so much money is at stake. |
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Congrats to the extended team - this community is amazing!!!!
Also we just hit over 1400 MN's - lets get to 1500 by christmas!!
Total Masternodes: 1402 = 1402 actives + 0 inactives
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DRK price has been so stable since November 18th - like a straight line almost on bitcoinwisdom......
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Show Posts
Update to v.011.0.13 ASAP please...
