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All right. I agree that we look at this situation from entrirely different angles. I do not belive for a second that mistakes were made. Nothing Evan says can prove hes innocence and nothing i say can prove that hes guilty. Whats done is done. Now its too late to restart anyway. Should have been done in day 1 and everyone would have been happy. No scam alerts would haunt Darkcoin forever.
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Hmm, lets see: static const int64 MAX_MINT_PROOF_OF_STAKE = 0.6 * COIN; // 60% annual interest - 5% monthly interest
static const int64 MAX_MINT_PROOF_OF_STAKE2 = 0.1 * COIN;
static const int64 MAX_MINT_PROOF_OF_STAKE3 = 0.02 * COIN; const int YEARLY_BLOCKCOUNT = 1051200; // 365 * 2880
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight)
{
int64 nRewardCoinYear;
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;
if(nHeight > (5 * YEARLY_BLOCKCOUNT))
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE2;
if(nHeight > (10 * YEARLY_BLOCKCOUNT))
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE3;
int64 nSubsidy = nCoinAge * nRewardCoinYear / 365; Lets get facts more straight. 60% yearly interest != 5% monthly interest. Dont be fooled by fancy word "compounding" either. It has next to non existing effect with this coin. unsigned int nStakeMaxAge = 60 * 60 * 24 * 30; Max age being 30 days. Dont always expect to get daily stakes if network stake weight gets high. Good luck with a coin, Dev. |
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Can someone help me setup a node to solo mine sha256? I'm on a pool now but have only received about %50 worth of the blocks i've found. I'll pay a 25k bounty.
I'm currently running an asic rig thats running cgminer on a raspberry pi. I've gathered from looking on reddit that I can create a node on another machine and then point my asic to it like i would for p2p pooling. Is this correct? How would I go about setting up a node?
Thanks!
You need a stratum. You could do what i did. Install ubuntu or debian(desktop) Linux. You can easily run it on virtual machine (VMWare Workstation). Download NOMP pool backend from git. Its open source. Follow their instructions. In MyriadCoin.conf: rpcuser= ???
rpcpassword= ???
allowip=127.0.0.1
blocknotify=nodejs /home/nomp/scripts/cli.js blocknotify myriadcoin %s
server=1
daemon=1
enableaccounts=1
rpcport=???
port=???
algo=scrypt - or sha256 on your case. start your myriadcoin-qt or daemon. start your nomp pool with Point your miner to your linux virtualmachine IP and pool rpcport and happy mining!  * you may need to install redis-server and couple of other things for your server to run. |
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Few comments regarding DRK.
Anyone who truly believes that what happened with Darkcoin launch was a "mistake" or "accident" deserves the award for being naive.
It was well planned and executed by developer, who now probably has complete control over this coin.
But just maybe - Its not too bad that dev controls the coin? Lets suppose that he will just gradually sell hes stake and will be a multimillionaire soon. Perhaps he desires even higher price and only sells when he needs some money. Price rise will give him more motivation to work hard and perhaps even take on Litecoin market cap some day.
Lets just hope that he doesnt get bored or stuck in hes development which results with massive dump and clear death for the coin.
Do hope so.
From someone who has created a coin (rather than purely cloning one), I can tell you it is not easy to work with the protocol. I can easily imagine a situation where the coin formula was messed up. In fact, I know dogecoin will eventually run into integer issues. Also, max coin in the protocol does not actually mean max coin in circulation. There are many issues to deal with. I can easily see a new developer getting caught out. Also, let's not forget the Devs were actively trying to buy their own coin in the early days. Now, if they actually had 2 million coins from day one, why would they do that?!? Anyway, I can understand the general scepticism but from what I can tell, the Darkcoin Decentralised Privacy innovations are genuine. Darkcoin deserves to be valued above litecoin, which offers zero privacy. I also understand that none of this can be proven to be facts until they make a mistake. This will probably not happen since they know perfectly well how to play this "game of coins". |
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The biggest issue in Cryptocurrency today is anonymity. The only real anonymous technology is cryptonote. Monero is the best of all cryptonote coins. For this reason, Monero is the most important altcoin you should invest. Experts agree with that.https://bitcointalk.org/index.php?topic=400235.msg6915300#msg6915300(please don't pollute rpietila's thread, don't post anything) I read and disagreed with the analysis for the following reasons: 1. Darkcoin instant mining is NOT true. Darkcoin value at formation was close to zero. ANYONE could have bought available supply in the early days. The fact that the devs bought and held attests to their foresight and self belief. But, I don't think they hold anywhere near 2 Million coins. I know one Chinese miner who has 300k darks though. 2. Monero is not tested technology. I just don't know anything about it and it hasn't been around long enough. However, if darkcoin works, why should I bother with untested tech? 3. Darkcoin is based on the bitcoin protocol, which is tested. It is not perfect but it is definitely good enough. 4. Darkcoin is undervalued compared to litecoin, which offers no privacy. 5. If monero tech is any good, why shouldn't I buy bytecoin, upon which it is based? These are my objections. Please debunk and question them. Few comments regarding DRK. Anyone who truly believes that what happened with Darkcoin launch was a "mistake" or "accident" deserves the award for being naive. It was well planned and executed by developer, who now probably has complete control over this coin. But just maybe - Its not too bad that dev controls the coin? Lets suppose that he will just gradually sell hes stake and will be a multimillionaire soon. Perhaps he desires even higher price and only sells when he needs some money. Price rise will give him more motivation to work hard and perhaps even take on Litecoin market cap some day. Lets just hope that he doesnt get bored or stuck in hes development which results with massive dump and clear death for the coin. Do hope so. |
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I have no doubt that bitcoin will be over 1000 USD again within two years time.
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Any nodes I can add ?
Seems to take 2-3minutes for 1block to sync and still got 3800+ to go :S
10connections to the network tho
Did you get synced? It was rather fast for me when i opened my wallet last time. Now i have it opened 24/7 to support the network a little bit. The problem is that not many keep their wallet open anymore, because soon there will be a a new launch. |
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DarkSend being closed-source is a HUGE problem to anyone holding DRK.
How does one know that the devs aren't double spending their stash or just adding to their total stash and selling them?
If it is closed source this is then possible.
Hence why such a pump could happen.
Having a public-ledger that bitcoin and litecoin has is important to verify where coins came from. Otherwise what is the point of anonymity? Anyone can just send coins and then claim they never sent them to sell on an exchange? lol...how retarded is that?
+11111111111111111111111111111111111111111111111111111111111111111111111111 isnt closed source you retards. Even I, a troll, knows that. Darksend is the only part of Darkcoin thats closed source and its going to be open source in less than a month. Feel free to copy x11 algo, cause its fucking open source. You guys are a bunch of idiots. So tell me, who is the retard now? Thats right. You are. Anyway. DRK has much more serious problems than darksend being closed src. Darksend is going open sourced and this issue will be resolved. Instamine and dev likely holding 50% of coins will never be solved, because no one knows how much they control the market. We can only analyze and guess by the movements and volume. I always expect the worst cenario when it comes to trading with real values and money. This is one of the main reasons why stocks and commodities has been my main income for several years now. I would like to invest in a coin like DRK, but there are way too many unknowns. So i avoid it. |
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I just realized that most of the darkcoins like 90+% are owned by less then 1000 people . Oh? Did you make some kind of survey yourself? Please dont link the block explorer. Its the list of accounts, not people. I can bet that the actual number is much smaller. Lol that makes me bag holder  . Some ignorants still cant tell the difference between account and actual people. I own 6 accounts of one and 3 accounts of another coin. Does that mean im 9 people? Cool. |
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90% of the traders here are just 16 year old silk road fuck ups that don't know what they are doing.
Here is my guide how to make profits:
1) buy
2)hold
3)hold
4)sell if needed money for fancy yacht
Or 1) buy 2)hold 3)hold 4)bankrupt You got to have an idea what you are buying in to. |
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Darkcoin is a bogus coin. There is not one single coin in the top 100 besides Darkcoin that launched with block rewards "accidentally" set 10x higher than they should be. The closest thing is "GPUcoin", where they failed 5 launches in a row and just kept relaunching it over and over.
No. It was just an honest mistake, done by extremely professional developer. They tested code and all, but somehow instamine happened with only "the most popular" Linux client available. Later on a second honest mistake happened by hardforking darkcoin and making subsidy 10 times smaller. No scam! Only honest mistakes.  |
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Its mindblowing how people ignore the simple facts and cant read between the lines. For me the scam alert above DRK is clear and obvious.
And of course, now im a bad naughty troll in DarkCoin thread as well.
One fan even referred to those facts as "simple mistakes". A simple mistake done by DRK proffessional dev. Right...
It was all perfectly planned in my opinion. Cant prove it, but its rather obvious to me.
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Oh come on! Even a 12-year old could easily create volatility and insane volume if he had instamined a coin like this. All he needs is two Mintpal (or any other exchange) accounts. A simple trading robot can do this without needing you watching the screen. You're arguing that whales can easily manipulate markets with relatively low volume to their advantage. But isn't that kind of obvious? Watch his post history. He is just bullshitting the forums 24/7. Oh really? Which post i wrote was not true so far? Would you be so kind and point the post for me through PM or even here if you like. Go ahead and take a look at my history. If you call that BS, then fine. Thats your personal opinion. Good luck with that. go bullshit somewhere else plz. going back to nautiluscointhread looks like a good fit imo. All right then. Ignore button is right there. Keep dreaming that DRK has an honest dev. Im done with you. |
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Oh come on! Even a 12-year old could easily create volatility and insane volume if he had instamined a coin like this. All he needs is two Mintpal (or any other exchange) accounts. A simple trading robot can do this without needing you watching the screen. You're arguing that whales can easily manipulate markets with relatively low volume to their advantage. But isn't that kind of obvious? Watch his post history. He is just bullshitting the forums 24/7. Oh really? Which post i wrote was not true so far? Would you be so kind and point the post for me through PM or even here if you like. Go ahead and take a look at my history. If you call that BS, then fine. Thats your personal opinion. Good luck with that. |
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Oh come on! Even a 12-year old could easily create volatility and insane volume if he had instamined a coin like this. All he needs is two Mintpal (or any other exchange) accounts. A simple trading robot can do this without needing you watching the screen. You're arguing that whales can easily manipulate markets with relatively low volume to their advantage. But isn't that kind of obvious? There is only one person/grp who moves this coin. Developer. And yes. Its obvious. |
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Oh come on! Even a 12-year old could easily create volatility and insane volume if he had instamined a coin like this. All he needs is two Mintpal (or any other exchange) accounts. A simple trading robot can do this without needing you watching the screen. |
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I'm watching Zerocash closely as well. *hint hint*
Darkcoin and Zerocoin should be replacing Bitcoin and Litecoin in the near future.
DRK inst going to replace anything. You are being played. Devs have complete control over this coin. You need to open your eyes. Go ahead and label me as troll for trying to awake you. It would be a lot easier for you to "awaken" me if the devs had done even one thing to this point to make me think that they are dishonest. What happened at launch was an honest mistake which has since been admitted too... since then nothing but promises made and delivered on. Those who "awaken" now will be kicking themselves when DarkSend launches next month. Fundamentals most always win out. All facts about DRK have been stated in several threads. Im not going to write or paste them here. Heres my opinion: Honest mistakes? No. Windows qt delay, instamine and cutting subsidy was well planned. What kind of "professional developer" would do such a childish mistake? Dont be naive. DRK developers know perfectly well how to play this game. If it were a mistake, they would have reset the coin. Their instamine rose to nearly 50% after fork. Now they likely control even bigger amount. |
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I'm watching Zerocash closely as well. *hint hint*
Darkcoin and Zerocoin should be replacing Bitcoin and Litecoin in the near future.
DRK inst going to replace anything. You are being played. Devs have complete control over this coin. You need to open your eyes. Go ahead and label me as troll for trying to awake you. |
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What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.
No, actually it's crystal clear if you have the slightest clue how all this works. I am more than happy to update the community on what we are doing, but I will stop posting if all I get is negative responses. I have much better things to do with my time. Don't let some clowns hold you down, that's exactly what they want. The internet is populated by many trolls - you should simply ignore them (and maybe even just remove their responses, nobody's going to mind if you do). Don't stop posting though - this would only negatively affect your supporters and yourself, whereas the trolls aren't going to care at all. Dev. You need to keep doing your thing, but do it with honesty. Face the facts and admit your mistakes. You stability system was a failure by its design and you know it. All the pretty words in OP mean nothing without results. Anyone who disagrees - keep dreaming. Life is much more beautiful in dreams. |
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