Whoa! only 110 votes with 5% difference between yes and no and you decide to abort the vote and lock the thread before 24 hours and conclude that everyone decided not to airdrop?  After I asked many investors that purchased $10-100k USD worth of Darkcoin came out of the woodwork and said that would rob them. You can't change the rules in the middle of the game. It's in the past and we're moving on. Can you imagine buying $30000 worth of something and then the developers making it worth $15000 overnight to appease a small group of users? So the community didn't vote, the big holders did (the ones that instamined with you) Gotcha.  Nope, it was the community that voted. You just said that you asked the investors, it's even quoted here. Ah wait, you call "big investores" = community. Gotcha I asked the community to vote and many of the investors came out of the woodwork (and replied saying what's above). |
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Whoa! only 110 votes with 5% difference between yes and no and you decide to abort the vote and lock the thread before 24 hours and conclude that everyone decided not to airdrop? After I asked many investors that purchased $10-100k USD worth of Darkcoin came out of the woodwork and said that would rob them. You can't change the rules in the middle of the game. It's in the past and we're moving on. Can you imagine buying $30000 worth of something and then the developers making it worth $15000 overnight to appease a small group of users? So the community didn't vote, the big holders did (the ones that instamined with you) Gotcha. Nope, it was the community that voted. Come vote on a logo: https://www.darkcointalk.org/threads/official-logo-vote.229/ |
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Whoa! only 110 votes with 5% difference between yes and no and you decide to abort the vote and lock the thread before 24 hours and conclude that everyone decided not to airdrop? After I asked many investors that purchased $10-100k USD worth of Darkcoin came out of the woodwork and said that would rob them. You can't change the rules in the middle of the game. It's in the past and we're moving on. Can you imagine buying $30000 worth of something and then the developers making it worth $15000 overnight to appease a small group of users? |
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This is by far the healthiest I've ever seen our hashing distribution.  |
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Well i wish i knew about this coin too! I was too busy mining other coins, but it seems people were complaining about it because the developers dropped the number of coins down to 22 million, making the difficulty higher, i also think there was a bug in the code that was giving a high block reward for the first few blocks before they patched it.
The reduction in coins is caused by a 7% reduction in rewards starting January 2015, it hasn't been "felt" yet. The difficulty climbed because more people started mining it. Stop telling lies dude. The difficulty didn't change much in the first 24 hrs. Later the retarget time was changed from 1 day to 1 hr. Is it me or difficulty is stuck at 1.00 for the last 2 hours? The network is around 100Mh/s, and we are solving blocks faster than every 5 minutes, shouldn't diff be higher?
Yeah, it's been around 12 hours now and difficulty changed only few times. In the code there is: static const int64 nTargetTimespan = 24 * 60 * 60; // Xcoin: 1 day static const int64 nTargetSpacing = 2.5 * 60; // Xcoin: 2.5 minutes static const int64 nInterval = nTargetTimespan / nTargetSpacing; so interval between difficulty changes is 24 * 60 / 2.5 = 576 blocks. For me it looks like the target difficulty adjustment period is 1 day, not 1 hour. You're correct. Target time was ALWAYS 1 day. The OP was incorrect at launch. Look at the code, that never changed. In fact that would require a hard fork. static const int64 nTargetTimespan = 24 * 60 * 60; // DarkCoin: 1 day
static const int64 nTargetSpacing = 2.5 * 60; // DarkCoin: 2.5 minutes
static const int64 nInterval = nTargetTimespan / nTargetSpacing; // 576 |
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nobody will sell you any coins for paypal Once I sold [I don't even remember how many] BAT coins for 1$ (my Ebay auction started from there).  I though it might won't be as easy that I simply withdraw 1000 DRK from Cryptsy. Wait... This is my DRK address and it seemed to receive 1 input of 1000 DRK: http://explorer.darkcoin.io/address/XueD9FWPpkzV3JGpGAjZDuYYtme41C1TonThat is very strange, because the output your client is looking at to see if you are able to be a master node isn't related to that address at all. Or it refuses to connect to the "SuperMasterNode" (the one I explicitly set with it's IP) because it thinks that is not qualified to be a masternode anymore. 2014-04-08 06:55:00 Searching existing masternodes : 23.23.186.131:9999 - CTxIn(COutPoint(517b323b43cdb93fb254d40fafb105d2b9527d917d0046139823eb6a928a565a, 1), scriptSig=)
2014-04-08 06:55:00 -- CTxIn(COutPoint(8c67d5253830efae237cbb31b1e0e05fe811bb0ef38fc9470b6fce44689a751e, 0), scriptSig=) That's my master node, I sent money out of my node yesterday and I guess I broke it somehow? I was getting really weird problems. I'll check into it in the morning |
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Dark Wallet getting ready to for live testing. http://www.reddit.com/r/Bitcoin/comments/227lne/darkwallet_update/Interesting Q&A: Q. Will it be possible to connect the wallet to other cryptocurrencies? Litecoin, Peercoin, Primecoin, etc. A. caedesv The first version is going to be bitcoin only (well and testnet coin but maybe not at the same time). This way we avoid some complexity and also can deliver on the initial promises. For next stage we're totally considering make it multi-currency (and other goals). Should be easy and at least with some coins looks like we can even use the same bip32 tree, one key, many currencies. Could someone who knows their sh*t explain to me to difference between Darkcoin and Darkwallet? Is it likely to make DRK redundant? I certainly hope not as a fan/holder of DRK! Dark wallet is a centralized mixing service where you use a browser extension to anonymize transactions. Look at this screenshot: https://i.imgur.com/FA7TIA6.png . You can see it's routing all of the traffic through gateway.unsystem.net. So here's our advantages vs dark wallet: 1.) We're decentralized. The clients automatically discover all masternodes and will use those 2.) Everyone will use DarkSend by default. The problem with a product you must setup like this is you'll have far fewer legitimate users to mix with. 3.) Masternodes create a new type of investment opportunity within our ecosystem much like mining. The result? We get a ton of super high quality full nodes, anonymity and happy investors. 4.) If they're accepting inputs and outputs separately they can be shut down simply by a user offering an input, but refusing to send the output. If they're accepting inputs and outputs together, it's not anonymous and it MUST be decentralized to spread the knowledge of who did what to keep anonymity. My guess is they're taking inputs and outputs separately and banning inputs that do this. In that case you could attack it by using another mixing service to get fresh inputs. |
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I have setup a Masternode. - Ubuntu 64bit - wallet encrypted - with p2pool ./darkcoind --help
DarkCoin version v0.10.3.0-4-gb091e63-beta
2014-04-07 23:09:00 RegisterAsMasterNode
2014-04-07 23:09:00 Found unspent output equal to nValue
2014-04-07 23:09:00 Is capable master node!
Awesome, it looks like it was setup correctly, it's registered on the network! |
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Hello, Community, I almost do not post in this thread but have been following DRK since late January. I am an adult, an investor and have so far invested around 30K USD into DRK. I love the product and if it is to be succesfull it will be based on its merits of offering value to its users, being Darksend and anonymity the most attractive feature and I hope there are more added in the future.
I am investing in the integrity of the DEV team, in the added value proposition of Darksend and in future additions like messaging, etc. The value of the coin is not in giving it away to miners as they see fit, the value is in offering benefits that bitcoin does not already offer to the intended end users, people like me, who don't mine. This is in my opinion the only altcoin that is offering something BTC does not to regular users. Other coins like Vert offer something to miners but it does nothing for me as an end user that BTC doesnt already do. So please DEV team, forget about complaining teenagers, show some respect for the people backing up this project and lets focus on adding features and benefits.
Finally, I will like to set up several master nodes, I lack the technical capability and time to do it myself but will be hiring somebody to do it for me. In that sense I would really appreciate a comprehensive guide on how to set up the master nodes, I think that would be a way better use of the time of the more technically inclined in this forum. Thanks
+1 Totally agree Do not let teenagers/trolls/freeloaders to rob us - investors (I and few colleagues represent a large investment part too). 99% of the current holders haven't been anywhere near the first days, so all these people are trying to do is to rob us. If someone can't understand what/how happened after it's been explained 100 times, deserves to be ignored. Current distribution and inflation model is perfect - as others pointed out: No early bag holders to dump
No early bag holders to manipulate the price
No daily millions of coins requiring insane amount of BTC to keep the price
Serious investors and miners involved.I completely agree with you, everything core after this will be completely locked down (Name, Moneysupply, etc). We're done with that initial phase now, moving on to innovating and trying to build our brand. |
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Can you get that 1000 DRK back out of the demon or are they lost once send?
The money is still good, it's just locked while you're a masternode. To send it back out of the daemon you would need to disable the "masternode=1" in the config and restart. |
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Sounds great, I'll be setting up a master node or two. I've run my own webservers for over 5 years so should be able to mange this. In one of the steps you say to send over exactly 1000 DRK. Does this have to be sent in one go? I'd feel better sending over 0.1 DRK to test, then sent over 999.9 after. Would that be okay? Also, do we have to use the ISOs? Or is this just recommended? Cheers! Very excited for this. You have to send 1000DRK at once. It needs in one single input for technical reasons. ISO? You mean the AMI? That's for people that want something quick, definitely not required |
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Get a machine with a static ip Why can't I use a dynamic DNS service? anycoin.conf usually understands domain names, like connect=www.drkpool.com I'll enable that at some point. |
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They could airdrop an equal share to everyone who has posted on this board from today's date, backward. Clearly anyone who has posted in this thread has been interested in mining Dark.
That would be fair and would help stop Darkcoin from being vulnerable to a new X11 coin launch from a dedicated dev team that includes ALL of the features of Darkcoin AND also has a fairer launch without the 10% instamine. You guys keep trashing cryptohunter but coins are a little like running for political office and if we all want Darkcoin to go mainstream, then it needs to be able to survive a political attack ad. Cryptohunter is giving the taste of what that ad would look like. People don't want to join a coin if they think that there is a massively unfair distribution and once a smart dev releases a true Darkcoin copy with newer features and also a fair launch, Darkcoin may end up shrinking in distribution as people leave to that future coin. (No 500 coin block rewards every couple of seconds and then change the block reward and time per block from seconds to 2.5 minutes only AFTER the instaminer has collected around 1.7 million coins.)
I also think that a fear that airdropping coins to much of the current Darkcoin loyalists here would kill the coin is just noise. Realistically, if the Airdrop did happen and the price did drop back to .0008 or so I would quickly drop a few thousand in at those prices because without the 10% Instamine PR problem, DRK at that price would be a steal. Further, any coins I would get would be added to my small stash and saved for a much later date (2015, 2016) and if the devs did a distribution of all the coins that were mined until the 500 block reward was changed, I think block 4500; That would clear the way for Darkcoin to never be attacked ever again as an unfair instamined coin that launched in the middle of the night with no windows wallet and 500 block rewards every couple seconds where the Dev and his launch buds claimed in the first 48 hours, almost half the coins that will be mined in the first whole year of mining. In fact, the reputation of the Darkcoin creators would reach lore status and the story of how the Devs of Darkcoin refunded the "bugged" coins to its loyal miners would be talked about in news stories and repeated as Darkcoin grows.
If there was a bug that allowed some to unfairly enrich themselves, then once that bug was fixed, shouldn't those who were unfairly enriched because of said bug also return those coins? Especially if most of those coins are being held by the creators and they have the means to easily return those "bugged" coins to the current miners who are doing the work to keep this coin alive in partnership with the dev.
This PR problem and the risk of a good and fair Darkcoin clone coming out is very real and will only get bigger as time goes on unless it is rectified.
So your solution to a "premine" is to "premine" more coins. Let me theorize what posts would look like after this: "I wasn't part of that premine so it wasn't fair to me, I also wasn't part of the newest premine so now it's doubly unfair." Hello, Community, I almost do not post in this thread but have been following DRK since late January. I am an adult, an investor and have so far invested around 30K USD into DRK. I love the product and if it is to be succesfull it will be based on its merits of offering value to its users, being Darksend and anonymity the most attractive feature and I hope there are more added in the future. I am investing in the integrity of the DEV team, in the added value proposition of Darksend and in future additions like messaging, etc. The value of the coin is not in giving it away to miners as they see fit, the value is in offering benefits that bitcoin does not already offer to the intended end users, people like me, who don't mine. This is in my opinion the only altcoin that is offering something BTC does not to regular users. Other coins like Vert offer something to miners but it does nothing for me as an end user that BTC doesnt already do. So please DEV team, forget about complaining teenagers, show some respect for the people backing up this project and lets focus on adding features and benefits. Finally, I will like to set up several master nodes, I lack the technical capability and time to do it myself but will be hiring somebody to do it for me. In that sense I would really appreciate a comprehensive guide on how to set up the master nodes, I think that would be a way better use of the time of the more technically inclined in this forum. Thanks Thanks for this. Here's the official statement about the future of darkcoin and some more information about Masternodes. https://www.darkcointalk.org/threads/darkcoin-update-masternode-requirements-masternode-payments.225/ |
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The point of them is to make it very expensive to acquire them. Imagine the following:
A:
- User asks "Should I create a masternode?"
- it costs $XXX, they would earn $X.XX/day. That's X days till they earn 100% of their investment.
- User buys 1000 DRK, creates masternode
- Price goes higher, 1000DRK gets pulled out of the supply
- Go to A
This is a feedback loop that I'm creating. We should add masternodes until the price goes really high and it's too expensive to buy the darkcoin to start a masternode.
Let's say after the feedback loop completes the price of Darkcoin is $5 and we have 1200 nodes. At that point we have six million dollar in masternodes, to gain 50% of the network to do an attack would probably cost much more than six million dollars, so it's not possible anymore.
The other problem is all nodes need to keep a list of all of the masternodes. We want a bunch, but we don't want more than 10k probably. If the requirement is too low we'll end up with a bunch of network traffic from all of the discovery chatter.
But the main point, the real reason to make master node expensive is so that an entity, such as a government, or such would find it difficult to gain control of enough of the network to compromise the system, right? If it were too cheap, it would be too easy for someone with enough resources to get control of the network. In your last statement, "The other problem is all nodes need to keep a list of all of the masternodes. We want a bunch, but we don't want more than 10k probably. If the requirement is too low we'll end up with a bunch of network traffic from all of the discovery chatter. " does that mean that a person running a master node must register so the nodes can find them? To start a masternode all you do is send 1000DRK to an address on that daemon and then add "masternode=" to the config. While running the client will know it's a masternode and ping the network saying that it's still available every few minutes. If we have 100 nodes, that 100 messages every few minutes. |
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