darkcoin price chart is going down steadily to oblivion. this coin is not only bad for miners ( low profitability) its also horrible for investors. http://postimg.org/image/kylsqtkm1what is even MORE retarded is its 400+ difficulty. LOL, then why are you here? The difference in price has pretty much flat-lined for a long time, not dropped, not pumped, and I think that represents how stable this community is and the coin will be, even when the price starts to rise. |
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Can we all please support this? Done  X2 |
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I myself would really love more options for purchasing DarkCoin with fiat. I think DarkCoin will soon be as essential a crypto currency as Bitcoin is now to have on an exchange in the near future. Darkcoin solves the anonymity problem from the wallet in a decentralized way. Though it's in beta and still being perfected, DarkSend, the technology behind DarkCoin, actually works, NOW. DarkCoin has an amazing lead developer who is working full time on the coin as well as a number of great developers that are helping him. The community is growing daily and is so excited about the possibilities. Ideas are constantly submitted, and our lead developer is extremely open to ideas. It's an exciting time right now to be involved in DarkCoin, and the future is going to be amazing.
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It seems to me that with the current darksend/denominate implementation it is dangerous to just dump the change from a darksend back into the wallet and use it with the rest of the balance. See the following chart for an example:  In this chart, either or both denominates could be non-dark sends, although it is most likely that the first will be denominate. Denominate is very easy to identify as it uses the same adress for all outputs, and has powers of 10 as most output amounts. As it is trying to refigure the balence and it is easy to identify, it is very effective at showing that one person owns all of the addresses involved, potentially tying together a large amount of addresses. At some point after a darksend, the change address will most likely be included in a denominate or non-dark send with other addresses. If the change address can be linked to one of the inputs to the darksend, the intended output can usually be worked out, as there generally will only be one possible output. This could largely be fixed by pooling denominates and having each denominate output go to a different address. Another possible improvement would be to have an option to send the change to a different address, so one could send their change to a completely different wallet, to avoid accidentally mixing it, although their transaction could still be worked out by process of elimination if the other transactions mixed with theirs weren't done as carefully. I was actually thinking about this the other day. Eventually we could have "denominating pools", they would function exactly as DarkSend pools do except the inputs would be change and the outputs would all be powers of ten. I think there is a danger in making things too complex. It may create loop holes that become hard to see. Secure but dang good obfuscation is better in my opinion than "almost perfect" obfuscation with possible security issues. Perfect being unobtainable. |
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Another possible improvement would be to have an option to send the change to a different address, so one could send their change to a completely different wallet, to avoid accidentally mixing it, although their transaction could still be worked out by process of elimination if the other transactions mixed with theirs weren't done as carefully.
If I'm not mistaken, darksend already does this by default. darksend does send the change to a new address, but that new address is part of the same wallet, which is what opens up what I posted about. What I meant by that quote was having a spot to specify an address to send the change to instead of the current behavior, so that it would end up in a different wallet completely. It's not any less trackable to 'the same' user if the change goes to a throw away address to original wallet or secondary wallet, plus that just complicates things to where it isn't usable. |
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LOL, I should've known! I didn't look hard enough! LOL |
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hashrate was not the issue, i installed ubuntu 14.04 and was worried everything is ok.
ps, i host a p2p pool too , see my sig.
Make sure Evan has you on his spreadsheet so that if we ever have to hard fork again, he'll include you in the notifications  |
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look, we have a Doge coin, and at least 3 kitty/cat coins, a rabbit coin and we even have a sloth coin! Why is there no horse coin?
Just wondering???
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iam solomining, is this bad? i get no blocks for a long time. i changed to ubuntu 14.04 and havent found any block yet, my whole log is full of this..
Unless you have 100 mh/s, I don't think you can solo successfully. It could take a year to hit a block, depending on luck. If you joined a P2pool, you'd get a steady income of blocks (your share of what's found) and that's much better. It takes 24 hours to build up to full payments but on the other hand, when you quit, you get payments for 24 hours after. |
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Checkout the whitepaper, master nodes don't control the collateral payments anymore. It's payment nodes, which are the last 2 block solvers. So it's the pools that would have to collude, in which case we'd know and stop using them. http://www.darkcoin.io/downloads/DarkcoinWhitepaper.pdfVery interesting. Missed this, man you just keep coming up with better ideas! You really think outside the box, I'm in awe! |
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Please stop with the name change posts relating them to trying to "brand" the coin away from the potential "dark side" of it's use.
I've said it at least 10x on this thread. This coin needs to be adopted by the good people and the bad people alike who just want anonymous transactions. It is not the developer's, nor the community's, responsibility to police it's use.
I saw the interview posted a few days ago and was turned off by the inclusion of some sort of "agreement" being pushed on users to not use the coin for illegal uses.
To me, this is a bad marketing move. The response should be nothing more than "of course we don't want DRK to be used for illegal purposes, but due to the anonymous nature of this currency, we can't control how a user uses DRK anymore than you can dictate how a person uses a Euro or USD"
We need the pot buyers (and most likely) the other illicit transactions to actually give DRK a legit foothold.... whether you want it or not, i truly believe that is the springboard for the currency (as it was for BTC, tbh).
Yah, but think of it this way. Evan has his name and face out there as Mr. Darkcoin. He wants to, at the minimum, protect himself from future harassment in the form of Governments dragging him into every stupid thing people do with this coin. I think it's a good move for him, as I don't want to see him personally dragged down if someone uses darkcoin to do something really bad. He is going to take this stand because he has to. Don't let it rub you the wrong way. I'm also not sure we need drug addicts and pushers to use our coin. I'm banking on the future usefulness of it. Unless cryptos become mainstream, they won't survive. |
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There was a big discussion about it a while and the answer was a resounding "no" to a name change. What's up with all the new people coming in here trying to change the name of the coin? The name is awesome, it grabs attention. If I hear a news reporter on CNN mention a new kind of money called Darkcoin I will look up towards my TV right away if I didn't know what it was.
We're being discovered! |
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I have an idea, if you could send an encrypted messages for example certain size with the darksend block.
like when you pay bills, you put in refence code, or a simple small message to the person or company you are paying.
This way you could send messages with the payments for example delivery address or something like that..
could this theoretically be done?
Someone mentioned this idea a couple of weeks back, and I think it would be an awesome thing to implement, and I know Evan will want these ideas as soon as he has Darksend finished! |
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Evan, will the master node and slave node be able to collude in any way? To phrase it differently, will they be able to tamper with the collateral and take it, similar to anon's question a few pages back? One would just need control of both nodes, right?
I realize this attack vector would be limited statistically speaking, but it still seems quite possible.
Highly unlikely as they're chosen randomly |
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So with all this talk about early adopters - how many DRK would you be happy to hold right now? Obviously we'd all like a million of them but realistically given the risk-reward how many do you think is sufficient? Im mining and considering buying some more to bump me up to 1-2k.
I would be really happy with 2k but it's not going to happen, I'm afraid, LOL. I'm buying some this week I hope, and this will be given to my nephews. I'm asking them to hold on to it for at least two years. Hopefully, by that time, not only will it be worth something, but they'll become users of darkcoin, bringing two young men into the crypto world who might never have done so |
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And having a safe way to conduct transactions is a good thing. The very illegality of those things are what makes them so bad.
These is nothing intrinsically bad about drugs, but having made them illegal drives up risk HUGELY, and with that comes violent crime, bad quality, filled up prisons, war e.tc.
Having a safer way to conduct business drives down risk and that is good for everyone, except those who profit from the fear mongering and the steady stream of new inmates.
I'm sort of a libertarian, so I do mostly agree with what you're saying, however I do think non medicinal drugs are generally bad. But I believe this should be countered with education and awareness. With money from whom? Mass education is an incredibly expensive venture - not to mention logistically extremely difficult. I'm not saying I disagree with you, I'm just making the point that ideals don't get far in real life unless the majority hold them. I don't like the government stepping into people's lives with bans on smoking everywhere, but you have got to admit that the anti smoking campaign has been highly successful, yet it's still legal to smoke! Tax and educate the children, make rehab available to anyone. Of course I know the government would put the taxes into the general fund and squander it, but this violence is worse! |
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What would you suggest, the people who mined the first week should sell most of their coins so the price goes down and everyone else can buy cheap, and then it will rise to new heights?
Yes, the early holders should sell (dump) down to 1/10 of current price, then there would be wider distribution. Alternatively, they could give their coins away to attain wider ownership. That will strengthen the coin. i have given away/sold about 80% of all the coins i mined from the start, so, maybe you guys should start focusing on something else, because even though some of us where here early, spend electricity on mining it, we still gave away alot of it, yes i hold some coins, but i bet some later comers have even more than i, because what they lacked of in time, they had in buying / mining capacity. I will vouch that he must have given away a huge percentage of what he had for certain! |
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What would you suggest, the people who mined the first week should sell most of their coins so the price goes down and everyone else can buy cheap, and then it will rise to new heights?
Yes, the early holders should sell (dump) down to 1/10 of current price, then there would be wider distribution. Alternatively, they could give their coins away to attain wider ownership. That will strengthen the coin. That's a highly unnatural expectation. You must be a Communist? Scummie, where are you? Rofl   |
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What is this all about?  people arguing about darkcoin on coindesk!!!! It's a non-factual claim. None were premined -- that's 0.00%. It was a fair launch and like many cryptos, early adopters enjoyed lower mining difficulty. The amount mined in the first 24h is about 2% the 84M max. I honestly wish people could let the coins compete on the quality of their features & implementations rather than manufacturing FUD. The ONLY thing about DRK that prevents much higher prices is due to what you just said. Current coin supply is less than 4 million DRK. 2% of 84 million is... 1.6 million, so in the first week probably 80% of the DRK was mined No premine, but certainly a small number of people have this 80% I have no problems with people that were smart enough and lucky enough to have mined the first 80%. Just dont keep promoting it as no-premine. It is technically true, but from a practical standpoint misleading and is an attack vector for credible complaints. So a small number of people now have $2 million USD worth of DRK and they continue to cash out. Based on total volumes traded, there is still a long ways to go before even $1 million of that is sold. James Thats as true as sad. However, 1 million is like nothing in the investment/speculation world. One individual can take this out, Not even considering crazy risk averse hedgefunds or mass media effect as as we witnessed in bitcoin the black market effect, next cyprus, china users or whatever ^^. I seem to remember that the difficulty went up fast and that number sounds high, very high. What's nice about the payout algorithm is that it became stable very quickly. A new coin needs to get people excited enough to mine in the first place, as can be seen by some of these coins that started out with such low rewards that people quickly lost interest and lacked enough investment in the coin to care / stick with it. So in my opinion, this is a must for a new coin. BTW, those who just mined to get coins to dump did the coin a favor by distributing them amongst more of the population. If the coin was so plentiful then why was Evan buying them up as fast as he could? He needed them for promoting the coin and I'm certain he was mining with the best of 'em. He was buying them 20,000 at a time. It's obvious to me, Evan is doing this as a passion. I didn't know until this article that just came out, how incredibly successful the young man has been but I was not at all surprised. He's not in this for the money - well, it's a nice reward, but he has passion! No, something doesn't smell right here, LOL, smells too rosy, too real it must scare a lot of people. |
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Hi all
Can't understand why people are not jumping on this coin before darksand is complete ( not gunna b this price for long). Got a spot on dev who is constantly updating and active. Am I missing something or am I jumping the gun. This is the reason btc took of so well people thinking it was untraceable but now we find out it is. If half the people who don't want no one seeing there transactions from btc jump to dark ( which is quiet a few people I reckon) we should see dark explode.. Am I missing something
Don't say that too loud Agreed, I bought bitcoin to buy dark again and it doesn't clear until Friday, LOL |
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