dev #1 here. instamine Can I say individual mining is over? WTF
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reward is wrong ? Mined 10 coins so far
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Premine 0.5%
[ 0.5 is good. 1% is unacceptable.
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Also sent a message to them Any other candidates ? How about Polo ?
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Panic buy TAC @ bittrex not sure who just woke up, but there are panic buy also on mugatucoin (which is pretty hot right now , I need to watch that movie again) Mugatucoin LOL. Never heard about this before. Even the film. Is it hot, djm34? How many did you manage to instamine this time, dude? Btw TAC is very good concept coin and still very undervaluated now. TAC will reach at least 0.01 BTC. Mark my words. that would make the vote at 0.1btc and chatting at 0.01btc Dev should lower the fee now.
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Panic buy TAC @ bittrex not sure who just woke up, but there are panic buy also on mugatucoin (which is pretty hot right now , I need to watch that movie again) Mugatucoin LOL. Never heard about this before. Even the film. Is it hot, djm34? How many did you manage to instamine this time, dude? Btw TAC is very good concept coin and still very undervaluated now. TAC will reach at least 0.01 BTC. Mark my words. Yeah, if BTER launches TAC ......
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GPU temperature is very low while mining TAC, very impressive. Hope NIST5 becomes popular soon.
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who is mindfox ? any public profile ? What has he done before???
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You should add exchanges on the OP, dev. So people can easily see where they can buy more TAC. I had to browse the pages for a long time til I found a working exchange that accepts tac.
Hi, we will be on Bitrrex soon, I will add the exchanges then. Great work.
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TLDR: There is no other coin on the market that is even in the same league as DRK - why even bother trying fudsters - all questions have been closed off and answered https://www.bitfinex.com/pages/announcementsDear customers, We are pleased to announce that Darkcoin will be available to trade on the Bitfinex platform starting at 6PM CET. It is rare for us to add new trading products, but we believe that the advent of privacy-centric cryptocurrencies warrants our attention. Specifically, we believe that Darkcoin and the team behind it represent the most credible foray into this important frontier, and now that Darkcoin's market capitalization has reached non-trivial levels, we have decided to offer it as a trading option to our customers. As one might expect, will support trading in DRK/BTC, but, in addition, we will the first exchange to support trading in DRK/USD. While we have no crystal balls at Bitfinex, we do nonetheless believe that the new features that Darkcoin aims to implement represents a substantial development in the cryptocurrency space, and we believe that any innovation that enhances privacy deserves our attention. Naturally, we do not condone the use of Darkcoin for illicit purposes, but we do believe in the right to privacy. Initially, we will only offer cash exchange transactions. In time, as our order book deepens and Darkcoin successfully navigates certain milestones, we will also possibly allow swap leverage and shorting, should Darkcoin's risk profile and volatility merit it. Darkcoins can't also be used as collateral for margin transactions. We hope that you that you find these new trading products to be of value to you and we, of course, always welcome your feedback. Best regards, The Bitfinex team I am really interested in how many DARKs you hold, hmmm....
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It doesn't explain why 50% of the coins are not held by Dev. 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.
The Birth Of Darkcoin (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 ! OK, so this is a 50% premine in my opinion. Dev sold them at a low price level because they didn't expect DRK to become so expensive as now. Or part of them were sold.
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It doesn't explain why 50% of the coins are not held by Dev. 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.
The Birth Of Darkcoin (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 ! OK, so this is a 50% premine in my opinion. Dev sold them at a low price level because they didn't expect DRK to become so expensive as now.
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It doesn't explain why 50% of the coins are not held by Dev.
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it seem everyone is dumping XC and DRK for VRC now. i think this is the reason of bloodbath last night, people dumping XC like no tomorrow for VRC.
VRC is a scam
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Can someone post these 3 by atcsecure here so I can see Here you go. +1 for this.
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This slow crash is scary. Usually crashes that recover are allot faster. Slow crashes usually end very very badly with very little recovery.
I'm just hoping this is down to newbies falling into bull trap after bull trap rather than anything else. All this hope for a recovery might be futile, if we continue crashing slowly any recovery will just result in us crashing down again. I know this sound crazy, but without a major dump even if we don't break through 0.001 today, we could quite easily in the next few days and continue to fall.
I'm crossing my fingers I'm wrong.
Kinda wish I didn't go swimming now, someone ate up all the buy orders I was eyeing up.
Well. 65k left. Looks like I'm going down with the ship
hmmmm........
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is the dev are chinese?
Yeah who are the devs exactly? How many are working on the coin, and where about's in the world do you live? There are 2 of us full time. My background is CTO in tech startups and the dev is a heavy-weight software eng, the tech is his baby, for me I recognize a great dev with a good tech and want to see it succeed. We both believe in decentralization and anonymity and want to help that however we can. I'm based in the UK, we are not a Chinese coin, but remember China is a great potential market for Talkcoin as Asian cultures have massive uptake in IM and messaging apps like QQ etc, and the more Chinese connections we can build the better I think. That's good to know, thanks for the info, i'm based in London myself, - I was wondering what people would think about possibly changing the ticker from (TAC) to (TALK) - there used to be a taki coin and so people seen discussing tac may not understand its talkcoin, then again it might not be necessary.. I'm also wondering what the devs future plans are, and whether they have some long term goals? So many devs end up dropping the ball after a few months at the first whiff of profit and move on, yet the devs with long term goals who stick around and expand on their coin really end up creating something much larger, I'm hoping Talkcoin can be such a coin, -if so it would need more dev helpers perhaps and a larger community, but to buy into that dream people would have to know some of the long term ideas... +1
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