I honestly don't see the advantage of bringing the block time down to 1 minute. You're ultimately looking at increasing orphan blocks and decreasing hash power, and all you get is a feature that looks great on paper but has little purpose. I wouldn't mess with it. Apparently the BCN devs wanted 5-10 minute block times but settled on 2 minutes after lengthy disputes. Their decision is explained in more detail here: https://forum.cryptonote.org/viewtopic.php?f=5&t=20I agree. If 2 minutes isn't fast enough for a particular transaction, neither is 1 minute. So there's no point chasing this particular metric and 2 minutes seems like a reasonable compromise. |
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Secondly, and this is quite a bit of a reach by me, after taking a look at the mining hardware comparison and noting the layout of the white paper . . I see mainly Intel cpu's and technical writing format generally used in educational institutions. Yes, I'm saying that the lack of AMD cpu performance helped lead me to the conclusion.
There's a few more things, but nothing that I'd even feel like it would make a difference right now.
I mentioned this before but i guess it's somewhere lost in the thread and all exitement going on about the technology but: The domain cryptonote.org was registered less then 1 year ago, in that time it hosted a encrypted message application called; CryptoNote. This application is developed by a member of the Stanford Bitcoin Group. Now it hosts the CryptoNote used in Bytecoin. So unless the domain was dropped, there wouldnt be a direct lead but this is not the fact, it looks like it was transferred internal. It would make sense for what we all think, there are academic people involved in this project  I guess we will get our answers eventually. Also the onion site mentioned a mail address for emmergency's with a real name. So i guess its not as dark and deep as we all think and the devs of CN and BCN are really trying to make the world a better place with privacy as one of their biggest concerns (especially when you live in the US) Interesting. I'm at Stanford and could go bug them for answers but they don't have an office listed. By the way, are my only two options with this coin solo mining and that closed-source mingergate program? For all we know, minergate's sole purpose is to steal our wallet.bin and keep BCN confined to the deepweb.  |
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Aren't you supposed to premine 50% for an airdrop? |
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How many DRK should I expect with one r9 290 and how much with one 7950 if mining 24/7?
About 2 DRK/day on a R9 290 (assuming 2500 kH/s and diff around 500). These are a pair of sapphire R9 290s, both stock. The fan speed is higher than most would need. I've got the fans set at 50% to stop them spinning up and down. I18 for lower rejects and 24/7 set and forget mining.  7950....not sure. I've got 2590 kH/s and 2440 kH/s with 0.4% rejects at I=20 on my pair of R9 290s. Sapphire Tri-X with a 1040 MHz core clock. |
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http://finance.yahoo.com/news/blackcoin-popularity-value-soars-due-110915981.htmlMeanwhile BlackCoin is one of the fastest crypto-currencies on the planet, with transaction times of 10 seconds or less. The lightning speed makes BlackCoin ideal for point-of-sale transactions, because merchants and their customers no longer have to experience excruciating delays before they finalize a sale. Rapid transactions also make BlackCoin very appealing to traditional brick-and-mortar merchants who demand reliably swift transactions. Any plans for DarkCoin to have fast transaction times? Interesting. Serious people don't use Yahoo but I never knew they published random propaganda. o_0 I mean, it even says "BlackCoin PR" at the bottom. lol... |
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How many DRK should I expect with one r9 290 and how much with one 7950 if mining 24/7?
About 2 DRK/day on a R9 290 (assuming 2500 kH/s and diff around 500). |
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Asking this question again, in case this gets lost among the flood of message:
What's the latest best-guess on when Dark Send will be fully released? Really think that's key to get the price back to where it should've been by now.
You want an exchange rate rise? Get DRK on Bter and/or BTC38 and it'll increase demand by a large amount. For the life of me, I can't understand why these Chinese exchanges have BTC and CNY trading pairs for total shitcoins yet they blissfully ignore DRK. |
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Does this coin have any new, revolutionary idea? Why does one use it instead of btc/ltc?
It's supposedly anonymous thanks to the implementation of ring signatures. Significantly more robust and decentralized than CoinJoin, if it works. |
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Excellent. Can we vote on the name? 8. Probably merged mining with Bytecoin. This needs a lot of work to be done :-/
Is there a rationale for sticking with the CryptoNite hashing algo? Some issues I pointed out before: 1) the CPU mining phase is prone to botnets 2) Someone will inevitably develop a GPU miner and it's in their interest not to release it, creating a fairness problem. (I'd personally prefer X11, because it's CPU+GPU and draws much less power than scrypt.) edit: I actually can't find anything on this algo. Is this even a sound hashing function with a low probability of being cracked in the future? Most of the algos that the crypto community has been using are well-established and created by professionals and researchers (like the NIST finalists). |
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i think it's a sign that they know about us and our discussion here
and that guy, godimtired, offered me to buy all my BCN again but with higher price. someone wants to hide bytecoin back, doesn't he?
We should let them have it and support thankful's fork as a non-deepweb version of it. i don't support this idea with forking. we are free to do it, but should we? adam back said every cryptocoin "need a reason for existence; but to make you rich is not a reason" the fact that we are a little bit late to this train is not a reason at all too. cause there will always be somebody who is late. Showing up late is one thing -- most people on this forum were "late" to BTC relative to its 5-year history. But this wasn't even made available to the general public until 80% of the supply was mined. That's qualitatively different and delegitimizes it in my eyes. It's also just plain bad for market confidence because the history is unknown. That said, I'm sure BCN can continue on successfully for whatever deepweb markets it serves. For us, it makes sense to start afresh for active development and transparency. The parameters could also have been better chosen (longer mining horizon) and I personally don't think CPU-only mining is secure. |
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i think it's a sign that they know about us and our discussion here
and that guy, godimtired, offered me to buy all my BCN again but with higher price. someone wants to hide bytecoin back, doesn't he?
We should let them have it and support thankful's fork as a non-deepweb version of it. |
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Quoted from the other thread:
"DarkSend is in Beta V6 and will be moving to RC1."
What is RC1?
Thx!
Its a term used by NASA. It means strap in. Check engines. Check fuel. Start the countdown clock. Or in computing, Release Candidate #1 :-P I know you're cool coins101 so I'll assume you were making a Doge joke, but I don't want to confuse the poor fellow. Doge didn't start the moon launch thing. |
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In the same mindset of looking for things that are wierd . . why does this thread have 50225 views right now?
The other new threads only have a few hundred, but this one has enough to say it's been here for months, or longer.
Also, can I stress new coins with CN should have a type of fair launch difficulty? So many more eyes on these things now that anyone even thinking about mining something the first day is considered an instamining scammer. There's quite a bit of truth to the claim, from my point of view.
thankful_for_today, are we tied to CryptoNight as the hashing algorithm? CPU mining has the obvious problem of botnets. Moreover, someone somewhere will inevitably create a GPU miner for it and if they don't release it publicly, we'll have a fairness issue. I would prefer a known CPU+GPU mining algo from the start. X11 is a good candidate since GPU mining runs with almost 50% less power and CPU mining is 3x more effective relative to GPUs compared to scrypt. |
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Longstanding rule of the internet: when you're attracting trolls, you're doing something right.
But one has to wonder whether these people have jobs. Surely their time can't be *this* worthless?
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I'd like to see a blockchain explorer to see if it's actually anonymous.
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kaene, cryptohunter is a 16 year old kid (yes really, self-admitted). Hardly worth the effort.
Don't want DRK? Don't mine it. Trolling for a competitor is counterproductive since it just leaves a bad taste in the public's mouth.
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I'd really like the ability to filter specific coins rather than all pre-mined/unmineable together. For example, I might consider one such coin "legitimate" but not another, which I consider to be distorting the ranking. It would be nice if the browser could remember what a particular person wanted filtered when revisiting the site.
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He should probably wait for the re-launch. |
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I'm surprised someone hasn't started a clone for a fairer distribution and active development.
If you read the last few comments you see that thankfull_for_today is busy with this. Also this coin was written from scratch so it needs time for developing a clone as its not based on bitcoin's codebase and there is not much documentation about it (yet) Yes, I confirm. I'll post parameters and other details soon. That's great. How well do we understand this protocol? Something being hidden for nearly 2 years despite having such a fundamental advantage seems unlikely. It almost seems like a hoax. I'm really hoping otherwise and look forward to your work. |
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I'm surprised someone hasn't started a clone for a fairer distribution and active development.
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