InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.
lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO. Darkcoin has even had InstantTX running in testnet. I've sent a few ITXs myself. Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it. I highly doubt it. SPR nodes are not even in testnet yet. Mr Spread is dealing with a cleaner and simpler system than Darkcoin. There are only two moving parts (regular clients and Masternodes) not three like Darkcoin (pools also) and no Darksend code to worry about yet. Consensus transaction locking is a relatively straightforward concept (not to knock the genius of coming up with the idea in the first place, sometimes the most brilliant ideas are obvious in hindsight) but the devil as always is in the details. It will be interesting to see if and how Mr Spread's implementation of IX differs from Evan's. |
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[snip]
payment processors will be interested only in reliability, not clearing times.
[snip]
great post, agree with you 100%, sorry to snip heavily but wanted to highlight this comment above. What if when implementing instantX a new set of bugs or exploits is unleashed? Is it worth it. Branching out into new territory like that puts darkcoin at risk. Why not rely on the tried and tested bitcoin transaction processing. Pros and cons... Is it World Luddite Day or something? Maybe you'd be more comfortable in the Litecoin thread?  |
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Go easy on toknormal - his grapes of wrath are probably acting up, all that being bounced about in his square wheeled horse drawn chariot you know, because nobody will ever take round wheels and the internal combustion engine seriously, and who wants to get anywhere fast anyway?
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Apparently whoever runs darkcointalk.org fears Spreadcoin enough to Rickroll all our links to the site.
It's understandable, really. I'd be worried too if I didn't own both.
If they had any brains they'd be here supporting the Masternode model, and making more money. And any future distributed storage/content distribution system will benefit from having more entrepeneurial MN ops out there from both coins. 3000 Darkcoin servers worldwide is a pretty good platform, but 6000 Darkcoin and Spreadcoin servers combined is going to be better. Might as well make use of all that bandwidth...  |
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Nice. I wonder how that stacks up to other linux servers. Any reason in particular for running one on 12.04?
Nope, I clicked on the wrong image file, then couldn't be bothered to change it.  |
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My MN keeps going down on the latest version; I start the daemon on remote but after a bit it goes down.
./darkcoind getinfo
error: couldn't connect to server
any hint?
bump. I was updating from .11, cannot keep it on from more than 2minutes. You may be running out of memory (darkcoind uses more memory these days). VPS Ubuntu instances don't come with swap enabled. Here's a good guide to enable a swap file: https://www.vultr.com/docs/setup-swap-file-on-linuxThank you, added it. V 13 now works fine.  My servers that are solely Masternodes all use about 160MB on average. (Thats 160MB total, inc. the OS and the whole shebang, not just darkcoind.) Which OS do you run? Ubuntu 14.04 server for all but one that's on 12.04. Not that there's any noticeable difference. |
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My MN keeps going down on the latest version; I start the daemon on remote but after a bit it goes down.
./darkcoind getinfo
error: couldn't connect to server
any hint?
bump. I was updating from .11, cannot keep it on from more than 2minutes. You may be running out of memory (darkcoind uses more memory these days). VPS Ubuntu instances don't come with swap enabled. Here's a good guide to enable a swap file: https://www.vultr.com/docs/setup-swap-file-on-linuxThank you, added it. V 13 now works fine. My servers that are solely Masternodes all use about 160MB on average. (Thats 160MB total, inc. the OS and the whole shebang, not just darkcoind.) |
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Are you guys deleting your peers.dat file before launching?
To be honest, I haven't deleted peer.dat for more than 6 months, never had an issue. But I did delete them this time round due to fragmentation. It's just good practice on updates, regardless, to get fresh peers. I do it as a matter of course. Is there any reason the client can't do it automatically? |
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guys,
is there anyone who can point me to an understandable guide of the start-many setup?
i understand that this should now work properly?
although i haven't found a thread yet where this is well explained.
tx
It works perfectly, and is very easy. Instructions are in the download archive, look for /src/darkcoin.version-number/doc/masternode_conf.md In short: 1. Import your existing privkeys into a new or an existing wallet. Preferably a new up to date wallet. 2. Make a textfile called masternode.conf, structure it according to the directions in masternode_conf.md 3. Unlock your wallet with 'walletpassphrase <passphrase> <time-in-seconds>' and issue 'masternode start-many' at the console. thanks for the explanation! i think i almost got it, though i have some follow up questions, because i keep having an error : - the error is : options configuration file contains an invalid line 'the mn1 details' only use the key = value syntax (what am i doing wrong here) i used the alia,IP + port, mn privkey, collateral output tx id and index (they are all index 0) - is it possible to have like 3 mn setup in your wallet for which you can use the start-many command and also have like 2 or 3 receiving addresses which are not meant for masternodes? or does this have to be a wallet with solely the private keys of the public addresses with 1K DRK each on it? thanks in advance for your guidance  Check the formatting, make sure it's exactly as in the example, single whitespace between each entry, no spare lines/tabs/spaces. And yes you can have a day-to-day address or whatever else in the same wallet, just make sure when you are sending funds that you select inputs from the day-to-day address (use coin control) so that you don't inadvertently break a Masternode by sending from one of the 1000DRK collateral lumps. |
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snip.... Oh I understand how they're going to spend it. - Just a bit unclear on how they're going to, you know, earn anything... % of transactions. They are a variant on an exchange, like Gox and MintGox Well that's a business model worth throwing money at right there!  To be honest, these sorts of deals and growth ambitions should be welcomed. They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system which has built a backbone that is hard to replicate and you have to pay a lot to use it. That's why Ripple is doing well - its allowing small banks to connect globally without having to go through larger banks. +1 They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system
Lonecrouton this is what I'm getting at. Yes they're part of the regular financial world with all its funny money, boys' clubs, Wall Street corruption, etc. But this represents a large amount of investment money coming into crypto. It can only be good in the long run because a whole lot of new people (many thousands) that the regular crpto world would never have reached are going to be exposed to what this is all about. I'm not unhappy that they are spending the money, I just wish I knew how coinbase sold them the deal. Can you imagine what Evan could do with a fraction of that? 'Hey crooks, give us a bit of funding and you and your sociopath corporate brethren can have a perfectly anonymous means of shuffling your loot about instead of just a fancier web wallet for a traceable currency...' |
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snip.... Oh I understand how they're going to spend it. - Just a bit unclear on how they're going to, you know, earn anything... % of transactions. They are a variant on an exchange, like Gox and MintGox Well that's a business model worth throwing money at right there! |
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No, I have no idea either, but you don't get the sort of pedigree corporates and high-net-worth individuals involved if they don't have some pretty serious plans. That's what I'm saying, to just make a disparaging remark and a condescending "flick-away" is ignorant in the face of the companies and personnel taking part. DFJ Growth (who're known for investing in disruptive technology startups), Andreessen Horowitz, Union Square Ventures, Ribbit Capital, the NYSE, BBVA (the Spanish bank), DoCoMo Capital (part of NTT, the huge Japanese telco) and they've taken personal investments from former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer.
Aha, am I supposed to bow down in respect to a grand list thieves? Idiots like these are why the world economy is a farce of leveraged funny money backed by communal delusion and a death spiral of central bank market rigging and QE. |
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That's coinbase had $100 million in funding - what are they going to do with that ?
What the christ does coinbase need $100 million for? They're a fucking online Bitcoin wallet, which is a stupid idea to begin with. I would suggest they're a well connected company with a substantial entrepreneurial spirit that's likely to see them achieve something pretty impressive. Just because they're the people that are using the blockchain to determine when their customers are sending or receiving funds from gambling sites doesn't mean they don't know what they're doing and they're not going to bring vast numbers of new people into crypto. I think overall it will be good and we'll see a lot more focus from the mainstream. I think your comment is ignorant in the classic way that a techo-propeller head has a very simplistic view on how bushinesses work, what's of value and what's going to be acceptable to people that have money to invest. Stick to what you understand before you blurt out something that just demonstrates how unknowledgeable on a subject like this you are. So, you have no idea what they need $100 million for either. What/where is the revenue stream that's going to earn back that investment? What lasting assets are going to be produced or bought with it? Sounds like a VC firm needed a quick tax write-off. I've had to open several business units at the same time in different jurisdictions. It's very capital intensive. They are raising the funding to hire local people, consultants, accounting/legal support firms, apply for regulation (and have capital sitting on the books to demonstrate capital adequacy), office space, local IT infrastructure, translation, marketing, general working capital during start-up phase. They also need to bolster central overheads to cope with the increased admin of overseas operations. Overseas travel and accommodation itself can cost $1m / year for a company that wants to grow at the same rate they do. They will be burning through capital at a high rate for the next 2 years before they start to see a return on capital. But they are a first mover and can do deals with global firms very easily now. What's the point when an individual and or merchant can download a bitcoin wallet and manage their affairs? Well, they want to create smoke and mirrors to earn a percentage of online retail transactions. There is also no doubt that retailers haven't got it yet and just want to sell xyz and cash out to fiat straightaway. The Coinbase business model evaporates when customers, retailers, suppliers and employees all use crypto - that's where Darkcoin's future is - but it won't get there with Darkcoin as a name (I've always said that and I've always said the name suits and is in fact an asset to early phase growth until DRK starts to knock on the doors of mainstream use). Sorry about that. I've just had a shot of caffeine Oh I understand how they're going to spend it. - Just a bit unclear on how they're going to, you know, earn much of it back at any time within the next thousand years... |
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guys,
is there anyone who can point me to an understandable guide of the start-many setup?
i understand that this should now work properly?
although i haven't found a thread yet where this is well explained.
tx
It works perfectly, and is very easy. Instructions are in the download archive, look for /src/darkcoin.version-number/doc/masternode_conf.md In short: 1. Import your existing privkeys into a new or an existing wallet. Preferably a new up to date wallet. 2. Make a textfile called masternode.conf, structure it according to the directions in masternode_conf.md 3. Unlock your wallet with 'walletpassphrase <passphrase> <time-in-seconds>' and issue 'masternode start-many' at the console. |
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That's coinbase had $100 million in funding - what are they going to do with that ?
What the christ does coinbase need $100 million for? They're a fucking online Bitcoin wallet, which is a stupid idea to begin with. I would suggest they're a well connected company with a substantial entrepreneurial spirit that's likely to see them achieve something pretty impressive. Just because they're the people that are using the blockchain to determine when their customers are sending or receiving funds from gambling sites doesn't mean they don't know what they're doing and they're not going to bring vast numbers of new people into crypto. I think overall it will be good and we'll see a lot more focus from the mainstream. I think your comment is ignorant in the classic way that a techo-propeller head has a very simplistic view on how bushinesses work, what's of value and what's going to be acceptable to people that have money to invest. Stick to what you understand before you blurt out something that just demonstrates how unknowledgeable on a subject like this you are. So, you have no idea what they need $100 million for either. What/where is the revenue stream that's going to earn back that investment? What lasting assets are going to be produced or bought with it? Sounds like a VC firm needed a quick tax write-off. |
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That's coinbase had $100 million in funding - what are they going to do with that ?
What the christ does coinbase need $100 million for? They're a fucking online Bitcoin wallet, which is a stupid idea to begin with. |
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TestNet MN's runs parallel to normal MN's (which still gets paid) on the same VPS ?!
what funding recourses do you mean ?
No, often (usually?) people pay for additional VPS instances just for use on testnet. It's better than having an unstable testnet daemon cripple your live MN. |
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On another note, DirectBet wasn't good to me today
Don't be sorry hombre, was just a good opportunity to remind everyone. I also am just firing up some DirectBet, I keep it small so I can keep playing! I hit 2 of the same numbers back to back in a total of 5 rolls. ( 25 25 1 87 87). I find it really hard to believe that it's random... Something like that is like 1/million Actually man that might be indicative that it is closer to true random. As I understand it, usually when you give humans the option of choosing something "random" its actually a contrived algorithm to appear random to us. True random seems fake to humans because it has occurrences of lots of repeat numbers and weird shit like that, and since we are evolved from apes our brains were totally not needed in that category they short circuit and it doesn't appear random to us. Something like that! Apparently, there's a lot of truth to this... I heard that the iPod 'shuffle' function was originally a random one, but then people complained that they'd get the same song twice and that it was much to frequent to be random! So Apple made the 'shuffle' function less random... To make it appear more random! Walter There is nothing random about the house odds on a gambling site. They are dynamically adjusted. And anyone who has had a big win had better set up a new account with a new proxy, because I promise you that your future odds just got a lot worse. |
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 4k pages in, 1 year old and a thing of beauty. That's actually a thing of horror. Old versions need to get booted. |
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wow such bull... 5x7950 for 24 hours and no blocks whatsoever... yep. stars here we come. not
Overclock the ADD meds!  |
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