good for you guys. you have been lucky -- I'm still at 30% expected payout. (at current 50% block rewards)
Yeah once we get enforcement in - it will be fine - dont worry  |
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I have added up all my payments from my masternodes and have to say its spot on what I calculated based on variance. Some nodes were paid more and some less but all add up to what I expected per day  |
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Maybe this is the reason for thep price drop !
There was some arbitrage from the fall of LTC down to 0.014 to the DRK market. In other words: LTC fell, people couldn't sell their LTC directly for BTC as LTC had tanked, they bought DRK at 1:1, sold DRK, created DRK selling pressure and then some sold DRK on top of that for extra selling pressure. All very low volume though. hit the nail on the head |
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who dump ?why dump dark?  To be honest I am not sure what is going on. Of all times, right after DRK gets MN's payment working and Evan finally gets to work on improved anonymity and perfecting enforcement (coming in RC4) people dump when they have been buying or holding. Seems odd. Is this people voting against MN's? Selling the news? Wanting to go play with some other shitcoin? Or just the normal silliness in the altcoin space which should be summarily dismissed? No plans to access my cold storage, but not sure of what to make of the current market. I think people are waiting for the announcement that enforcement has been enabled and RC3 is 100% implemented & working. This should be very soon. |
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Yah, well, That's why we have to get everything smoothed out so that enforcement can be implemented. Thank you to all the pools and miners who have updated because you are helping to test the implementation of DarkSend with Masternode payments, and it's because of you that we will soon get the next step completed! In the end, it's the functionality of DarkSend and this entire network that will give the coin it's value. So being greedy is ultimately detrimental to the coin's value, hurting the greedy person. But it also doesn't matter as soon, payments will be enforced and their blocks won't be accepted until they update. It just shows that it is essential to get this system working because you can't trust people to do the right thing when profit is involved. DarkSend has to be bullet proof in the end. Is there any way to find out the pool owners so we can contact them directly and tell them to update? |
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Proof of Stake coins have many issues here are some:
PoS is not backed by anything other than the belief there are worth anything and there will be an endless supply of PoS coins because one created today does not have a significant advantage over on created tomorrow, next week, next month.......
What currently is happening is new coins are created with PoW, mined for a week until a fixed number is reached and then change to PoS and then you can claim your stake at buying xyz coin. The only advantage a coin released today has over on made sometime in the future is; somebody already bought into it. The advantage quickly disappears if the new coin has a better catch phrase a flashier webpage or bigger marketing capital....
There is no end in sight for stake claimed coins and all promising x % return if you know a bit of programming you will have your very one coin too and everyone can buy into your claim based coin completely deluding the marked.
Its a barrel without bottom and once it clicks by the herd run for the hills if you own a stake.
With a PoS the richer get richer. Nothing more to add to it that's just how it is.
To 51% PoS is dead easy:
You start aggressively buying until you have 51% of a PoS coin, and then sell off your coins so that you no longer have 51%, but your history of having once owned 51% makes it possible to attack the network at any time in the future at next to no cost only some computing resources (and thus electricity costs, etc.).
As you once had a 51% stake, you can build a better blockchain than the other 49% can, starting from the point where you owned 51%. You develop this blockchain in secret, after you have sold off your coins (and profiting from it); and then release your secret blockchain to the world, and nodes will pick it up because it carries more stake than the 49% blockchain. Now not only do you have your profit from the original sales of the coin, you have your 51% back (to the extent that it's worth anything). Not all coins need to be in one address, in fact, doing so would prevent the attack in most PoS implementations.
PoW is backed by energy. There is no better backing than energy because everyone needs it, wants it and i will never have any problem selling it. To create a PoW coin you need x amount of energy and you can not cheat. The best you can hope for is to have a more efficient miner. Because the energy has been spent, the coin has a base value (many other things on top) and is a kind of a storage medium.
Agreed - PoS is dead, the economic model is crap as people who got in early will just stake and sell at a constant rate while their mean wealth does not change. Not to mention exchanges who likely stake their coins and drive the prices further down as they sell. For the people that have huge farms, a coin that goes PoW --> PoS is even worse. Most coins that are PoS usually have very bad distribution ratio's because of this. I would say in the next 2-3 months most PoS coins will start to die off. |
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Whatever. I am stupid.
Seriously so old now its not funny...got no more fud left in the tank?? and also go fuck yourself |
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Congrats Darkcoin holders and team! I made a poor decision and sold my coins during the panic. FML. I'm a  panda Good time to buy back in before we hit 0.02 Agreed- A smart decision would be to buy now before we break 0.02+ |
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I am a fuckhead loser
Denada129 This user is currently ignored |
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WOOOHOOOOOOOO I just got my first masternode payouts - 2 DRK thank you very much!
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I would say wait for Europe and East coast to wake up and realise whats happened. Then grab some popcorn |
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there is no need to run masternode or crapnode, blockchain coinjoin and dark wallet itself is the node and it mixing for free. if you want reward, mine it.
Didn't you know bitcoin has to run nodes in order to operate? should we call these nodes the masterbitcoinminingnodes? mining machines are the nodes. no yes
Lack of incentive Unlike bitcoin mining, where participants are rewarded for confirming transactions, running a bitcoin node does not provide any incentive. The only benefit for someone to run a node is to help protect the network, and based on the Bitnodes data, the number of people interested in supporting the network with a full node is waning. There could be a number of reasons for that. For one thing, running a full node utilizes the resources of a machine for basically no monetary return. Plus, the collapse of Mt. Gox has likely left many people with less desire to support the digital currency. Furthermore, the popularity of the bitcoin core client in China, where it was for a time immensely popular, has tapered off given the contentious regulatory environment there. |
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LMAO!!
Actually, I hold a few coins, BTC, LTC Cloak, and even some Darkcoin, although I have been selling my dark and stocking up on cloak for the last 2 weeks.
I don't believe any coin will ever pass BTC as its the one with the 100's of millions flowing into it via VC, traders, investment bankers ect.
BTC is always going to be number one, without a doubt, you can quote this!
I think people still don't fully understand the advantages of masternodes. It's diverting block reward to non-miners. That reward can be tweaked to produce various outcomes. Btc is guaranteed to lose number one spot as development has virtually halted. And the ecosphere is resistant to any major changes. So, DRK shills was saying nobody was comparing DRK to btc... So, let's get that 1000 btc vs 1000 DRK bet on. Who's setting up the escrow? there is no reason to take someone serious when comparing other coins to btc in equal ground. darkcoin, vericoin or even xc should worry about bitcoin add-on like dark wallet and blockchain coinjoin. like Greg Maxwell said there is no need for scam darkcoin or other altcoins, bitcoin itself can do all. once blockchain coinjoin or dark wallet is success with their anonymous coding then scam darkcoin is done. at this moment if you use sharedcoin(btc)+TOR then you would have much more anonomous then this scam darkcoin. there is no reason to use other altcoins or scam coins for anonymous transaction and all the smart people know this. i bet most people are here for quick pump and dump for all the altcoins wrong - masternodes solve issues inherent in Bitcoin such as the incentive to run a node to secure the network. At this point no one cares about running nodes in bitcoin as there is no reward. The scalability, flexibility and number of modules that could be implemented into darkcoin masternodes is endless. |
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This new testing and release framework is genius - congratulations and thanks Evan!!!
1 DRK says BTC copies this release methodology sooner or later!
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Ps: the original bet makes no sense, it says that XC has to increase by 1200% within the next two months while DRK has to stay still.
It was you who made the claims of XC being ahead of DRK wasn't it? My bet still stands. 10000XC that XC will grow more than DRK over the next two months. Meaning its a better investment.
That's a retarded bet. If I win and XC goes to zero I win 10000*nothing lol. How does that bet make any sense? Well, it should be. After rev 2 we will have better tech, better Dev's and much better plans for the future. You guys know that people can steal coins from DRK aswell? That's why there is a 10 DRK limit?
Lol
You are confusing DRK (trustless) with XC (trusted transactions - undoing Satoshi's work). The node of DRK doesn't own your coins. It's the "lawyers office" that signs the agreement that the two parties want to change coins. It only signs the agreement. The number 10 is used for identical inputs that increase obfuscation. If everyone puts 10 in, how can you know who put what? http://explorer.darkcoin.io/tx/56b3b95b76995d3e4d3107cf753c8496493010f625fc04d971e9262d74e6a5a5That's the reason, not because coins can be lost. The plan was to increase denomination pools (10 / 100 / 1000) etc - so the limit would be then 100 or 1000, depending the highest pool. However changes in spec might move away from denomination pools. I mean, we do have better Dev's, technology, and plans. The only thing DRK has is media exposure and a Dev who couldn't fix a lightbulb.
Trusted transactions = inferior tech. Sorry. Satoshi invented trustless transactions for a reason and XC destroyed trustless transactions and marketed them as ...innovation. Question. Once rev 2 comes out and XC is trustless, what's your arguments going to be then? Edit: DRK coins can currently be stolen https://darkcointalk.org/threads/rc3-hard-fork-on-june-20th.1241/ and supports the hot/cold setup for masternode operators (allowing your money to not be risked at all.). So, until DRK fixes its fork, all DRK coins transferred through darksend are at risk. That's why the maximum darksend limit is 10, not the bullshit excuse you posted above. LOL im crying laughing at how stupid this guy is.....hahahaha I'm crying laughing at watching how blind you are to the obvious I mean, there are shills, and then there are you guys. I'm counting down the minutes until Rev 2 is released and I can ask you guys to name a single advantage DRK has over XC, while ill be able to name quite a few in the opposite direction. Should be fun. What you dont realise is we are just having fun with you - no one cares about XCacheJosh Coin anymore...you can release anything you want, it will just be tumbleweeds, all thats left are a few core shills who are holding on tight to the grave. And you are one of them Lol. Brush off the obvious. Ill ask again, once rev 2 is released, and XC has better technology across the board, has a better Dev, and has much bigger plans for the future, and a team that can back it up. What will DRK have apart from first movers advantage? You don't think XCs price will spike like DRKs did when people realise there is a MUCH better alternative? Seriously. This is like saying google was a small company that would go nowhere while holding yahoo shares. Also, DRKs position isn't set in cement, the altcoins market is constantly changing, if you think all because it did anonymous first it's going to still be around in two years then your blinder than Steve wonder So narrow minded - you can keep your technology that you "hope" will be superior. Monero has better anonymity, look how far its gotten, not far. Why - because it doesnt have the whole package. Technology is a small piece of the pie. XC's reputation is a pump & dump and thats where it will stay, the market confirms this. The damage it has done to investors by confusing everyone with XCache and how the Dev did not address the FUD around loljosh has put the nail in the coffin. Let alone you claim it to be 100% anonymous by offering 1btc reward for a few hours and claim its uncrackable. No one takes the coin seriously. Chaeplin proved a hard-link and the dev just brushed it aside - good way for an investor to feel comfortable. Not to mention the copy paste from Fedora, and how the dev cannot use github, do you think investors are stupid. They would take one look and know its another copy/clone CINNI/CLOAK/RAZR basket. Dont fool yourself! Denial is a bitch. |
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Ps: the original bet makes no sense, it says that XC has to increase by 1200% within the next two months while DRK has to stay still.
It was you who made the claims of XC being ahead of DRK wasn't it? My bet still stands. 10000XC that XC will grow more than DRK over the next two months. Meaning its a better investment.
That's a retarded bet. If I win and XC goes to zero I win 10000*nothing lol. How does that bet make any sense? Well, it should be. After rev 2 we will have better tech, better Dev's and much better plans for the future. You guys know that people can steal coins from DRK aswell? That's why there is a 10 DRK limit?
Lol
You are confusing DRK (trustless) with XC (trusted transactions - undoing Satoshi's work). The node of DRK doesn't own your coins. It's the "lawyers office" that signs the agreement that the two parties want to change coins. It only signs the agreement. The number 10 is used for identical inputs that increase obfuscation. If everyone puts 10 in, how can you know who put what? http://explorer.darkcoin.io/tx/56b3b95b76995d3e4d3107cf753c8496493010f625fc04d971e9262d74e6a5a5That's the reason, not because coins can be lost. The plan was to increase denomination pools (10 / 100 / 1000) etc - so the limit would be then 100 or 1000, depending the highest pool. However changes in spec might move away from denomination pools. I mean, we do have better Dev's, technology, and plans. The only thing DRK has is media exposure and a Dev who couldn't fix a lightbulb.
Trusted transactions = inferior tech. Sorry. Satoshi invented trustless transactions for a reason and XC destroyed trustless transactions and marketed them as ...innovation. Question. Once rev 2 comes out and XC is trustless, what's your arguments going to be then? Edit: DRK coins can currently be stolen https://darkcointalk.org/threads/rc3-hard-fork-on-june-20th.1241/ and supports the hot/cold setup for masternode operators (allowing your money to not be risked at all.). So, until DRK fixes its fork, all DRK coins transferred through darksend are at risk. That's why the maximum darksend limit is 10, not the bullshit excuse you posted above. LOL im crying laughing at how stupid this guy is.....hahahaha I'm crying laughing at watching how blind you are to the obvious I mean, there are shills, and then there are you guys. I'm counting down the minutes until Rev 2 is released and I can ask you guys to name a single advantage DRK has over XC, while ill be able to name quite a few in the opposite direction. Should be fun. What you dont realise is we are just having fun with you - no one cares about XCacheJosh Coin anymore...you can release anything you want, it will just be tumbleweeds, all thats left are a few core shills who are holding on tight to the grave. And you are one of them |
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Ps: the original bet makes no sense, it says that XC has to increase by 1200% within the next two months while DRK has to stay still.
It was you who made the claims of XC being ahead of DRK wasn't it? My bet still stands. 10000XC that XC will grow more than DRK over the next two months. Meaning its a better investment.
That's a retarded bet. If I win and XC goes to zero I win 10000*nothing lol. How does that bet make any sense? Well, it should be. After rev 2 we will have better tech, better Dev's and much better plans for the future. You guys know that people can steal coins from DRK aswell? That's why there is a 10 DRK limit?
Lol
You are confusing DRK (trustless) with XC (trusted transactions - undoing Satoshi's work). The node of DRK doesn't own your coins. It's the "lawyers office" that signs the agreement that the two parties want to change coins. It only signs the agreement. The number 10 is used for identical inputs that increase obfuscation. If everyone puts 10 in, how can you know who put what? http://explorer.darkcoin.io/tx/56b3b95b76995d3e4d3107cf753c8496493010f625fc04d971e9262d74e6a5a5That's the reason, not because coins can be lost. The plan was to increase denomination pools (10 / 100 / 1000) etc - so the limit would be then 100 or 1000, depending the highest pool. However changes in spec might move away from denomination pools. I mean, we do have better Dev's, technology, and plans. The only thing DRK has is media exposure and a Dev who couldn't fix a lightbulb.
Trusted transactions = inferior tech. Sorry. Satoshi invented trustless transactions for a reason and XC destroyed trustless transactions and marketed them as ...innovation. Question. Once rev 2 comes out and XC is trustless, what's your arguments going to be then? Edit: DRK coins can currently be stolen https://darkcointalk.org/threads/rc3-hard-fork-on-june-20th.1241/ and supports the hot/cold setup for masternode operators (allowing your money to not be risked at all.). So, until DRK fixes its fork, all DRK coins transferred through darksend are at risk. That's why the maximum darksend limit is 10, not the bullshit excuse you posted above. LOL im crying laughing at how stupid this guy is.....hahahaha - now i definitely know you have no idea of the relation between darksend and masternodes. |
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I held XMR but sold - I cant stress enough how this coin is not ready for mainstream. Reliability / Command line driven and lack of infrastructure will drag the price down further..
Yes the anonymity is good but the underlying solution is too complex to use and under-developed. Give it another 6-12 months yes maybe, but as it stands the solution is not viable.
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