I don't know how much you know about software development, but I happen to know a whole damn lot about it and no, my "faith in the dev team" isn't lessened, in fact it's heightened.

I already stated in an earlier post words to the effect that I don't judge their ability on the number of "flawless rollouts" they have - no one has 100% flawless rollouts when there's that amount of original functionality involved. I judge their ability on how they react to the problems and in that respect I think they've done great.

Evan's lone decision to revert is now widely seen as the right one as far as maintaining the technical integrity of the network goes. Even though it was in the face of widespread pressure not to and the obvious market implications, he was consistent in his priorities.

The thing people have to realise, is that we're dealing with a realtime network here. You can't just stop and start it to suit you - it just keeps going so it's not an easy playing field to deploy new technology into. People may say that "other coins have smooth rollouts" but "other coins" are not trying to do what this one is. The whole masternode concept is a new and exciting dimension to crypto currencies in general and anonymous ones in particular because it introduces a self sustaining maintenance factor to both technical and economic aspects of the crypto currency.

That in itself is worth a few shots at getting it right.

Because the way Evan works is to keep expectations low, then he drops some announcement out of the blue and I find myself getting back into the market at a loss as optimism returns to the project. Thats what happened to me the last time.

Then there's the problem that I've just spent the best part of a week getting myself up to speed in Linux and am quite enjoying the whole technical side of getting a masternode setup. It won't be the end of the world if it drifts a bit - in fact it could well drift a big bit, I'm aware of that. However I like the project, its objectives, the way it's run and decided I don't want to be out of it.

I may day-trade the balance of my holdings after the masternode if the 4 hour chart looks tradeable and I'm not asleep or at the beach, but I won't be "dumping" them  

I don't really agree with this, but obviously there will be people impatient for the next event and the next event.

Software development takes as long as it takes when we are talking about original work.

In my opinion, if DRK succeeds in its technical objectives, 3 weeks will look like nothing. At the same time, I've noticed that Evan errs on the long side when giving estimates so you might just find that when the "official announcement" appears, it wasn't 3 weeks after all. All the same, he can take 3 weeks if he like for all I care, and I've got a masternode+ worth of DRK riding on it.

More broadly speaking, it's not a question of whether 3 weeks is too long or not, it's a question of what's DONE with those 3 weeks. Obviously it's too long if all the devs are doing is twiddling their thumbs. But if on the other hand they're busy restructring test net, increasing the capacity of the development team by an order of magnitude, revising launch procedure, preparing the groundwork not only for RC3 but RC4 etc, then 3 weeks starts to look a whole lot more attractive.

Sit tight. Everything is going good - that fork event was handled well and the fallout from it is being handled well. Nothing has happened to knock the project off its course and a whole lot has happened to stimulate a new expansion of the development and testing infrastructure.

Right in front of my eyes mate:

I don't have a problem with taking 2 attempts at deploying a hard fork as long as the functionality in that hard fork represents a significant strategic leap forward.

Taking 2 shots at it isn't the issue. The issue is how the devs react to the setback because situations like this can either make or break a technology project. In this case, I'm of the opinion that this setback will be the "making" of Darkcoin, the reasons being that:

 - it is being reacted to in an aggressively constructive manner
 - following this event, DRK is likely to have a development and testing capacity that blows most crypto currency projects away
 - we are now doing "serious" functionality that gets to the heart of what this coin was about. A 3 week delay is nothing
 - DRK's market penetration is now huge, with multiple fiat gateways, top 5 listings everywhere. To have that PLUS a solid product that has traversed the "right of passage" phase will make DRK almost unassailable
 - other coins just have all this in front of them. It's par for the course in any high tech project.

Yesterday's RC3 event is a blessing in disguise for Darkcoin.

 - the devs have learned exactly now to fine tune the masternode handling for 100% stability
 - RC3 was a major improvement on RC2 in stability of hard fork launch
 - testnet is getting a major revamp and extended in scope and scale
 - 2 new devs being brought on board

 - "DRKLord brings about 10 years of experience with C, C++, x84/64 ASM and many other skills to the team"
 - "CHAOSiTEC is a long time Darkcoin supporter with extensive knowledge of cryptocurrency and programming"

Setbacks are ok if they ultimately lead to progress and growth in scope and knowledge by the dev team. That appears to be exactly what's happening here.

This coin is going places for sure.

I don't think so.

Price may indeed decline a bit more, but progress has resumed so the show is not "over".

What does "splinter cell" mean ?

Superb remark.

I've worked as a business systems developer for 25 years. I see these things a whole lot differently from 'consumer investors'. The way yesterday's issues were dealt with instills great confidence in me that the developers have their priorities right. I don't want them to pander to the market, I want them to get the solution right.

The market will reward the efforts soon enough if that happens. In fact, people generally feel safer with a project that has gone through "growing pains" and has them behind it rather than one which has them all to come.

What they need to do is keep going, keep taking one step at a time and get it bedded down solidly before moving on. That seems to be exactly whats happening, so I'm happy. The price will flap about in the wind for a while in the meantime but it will be worth it in the long run.

Evan will probably come to be seen as the safest and most experienced pair of hands in the business as far as hard forks go in the long run and we shouldn't get rattled at this point.

I agree. That must have taken some bottle.

He is quite a guy to have at the helm of a project like this. In the end that'll be what makes it.

Bumped:


You people need to understand "rights of passage".

This is exactly what makes a winner - problems and overcoming them. Sorry but it's a non-sanitised zone.

Darkcoin team need to keep going and see this as progress. I know it doesn't look like it right now, but believe me it is, that's why I call it "rights of passage" stuff.

Everyone else is going to have it, and if they haven't they're just a disaster waiting to happen.

The market wants products where the disasters have ALREADY happened and DRK is going through that phase now.

Everyone keep their hair on - especially Evan which he does seem to be doing.

You people need to understand "rights of passage".

This is exactly what makes a winner - problems and overcoming them. Sorry but it's a non-sanitised zone.

Darkcoin team need to keep going and see this as progress. I know it doesn't look like it right now, but believe me it is, that's why I call it "rights of passage" stuff.

Everyone else is going to have it, and if they haven't they're just a disaster waiting to happen.

The market wants products where the disasters have ALREADY happened and DRK is going through that phase now.

Everyone keep their hair on - especially Evan which he does seem to be doing.

Good f*ckng riddance.

They deserve parasites like you  

Maybe so, but if he sticks with it he'll become the worlds leading expert on hard forks 

This. Everybody needs to relax & have a beer. It's a world wide network, it's going to take an hours or two to settle down.

Fuck'm.

Uf they want to dump their coins at the hint of a hiccup on a pioneering project like this then they deserve all they get.

Let Alex post whatever he likes.

This isn't a market pampering salon.

This stuff is actually exactly what we want - right of passage.

Bitcoin had it with forks, mud and Gox. Any coin that wants to be a permanent part of the landscape has to have it.

Go forward !!! Bulldoze !!!  

Everything's perfect.

Evan just needed some cheap DRK's to pay his new QA guy cos he's so expensive.

I think that's known as the "adrenalin crossover"  

You can have as many heart attacks as you want cos there's enough adrenalin flying around to resuscitate you instantly

Wow. Way to shake a tree ! 

Conlcusion: It was expected to go smoothly and it has gone smoothly.

Now back to business. 15m MACD.