<@evan82> luigi1111w, not really, back to RC4 for me  What a gem! |
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 Mario knows what's best for his future!  How dare you. |
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Money is, in fact, the root of all evil, but so few understand why...
Money is technology. Fire, Wheel, Money... three of the most fundamental discoveries humanity ever made. And everytime it was a quantum leap! Now you can go ahead and call fire evil, or the wheel evil, but that would be just silly... much like it is silly to call money evil. Until crypto, all money was government money, open to control, manipulation, regulation; the elimination of choice. BTC was a half-measure experiment. Satoshi's Crystal Ball was very good, but nobody can see into the future to predict every detail, no matter how well he understands the matter. Unless you're one of those TA Ouija Board guys. They know everything... The quote is rather that the love of money is root of all evil. |
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Love the balance addition. Just curious if it's just monitoring the balance rather than actual masternode payments. Not a huge deal, just if it's the former it's pretty open to manipulation, though the impetus for doing so seems lacking. |
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Just for laughs, can somebody here who is good at statistics give the percentage of MNs that should be paid within 24, 48, and 72 hours at a normal distribution? I'm a history major, so I'm not much help with that =)
Well it will vary wildly with the # of current nodes, but presently we have 379. Using that and assuming we have 100% payouts, we get: (378/379)^576 = ~78% chance of getting paid in 24 hours (378/379)^1152 = ~95% chance of getting paid in 48 hours (378/379)^1728 = ~99% chance of getting paid in 72 hours Exactly what I was looking for!! Thanks!! So using that formula and assuming 2/3 of pools are paying (approx 380 blocks per day): 63%, 87%, and 95% respectively. Thanks for teaching me the formula! P.S. Making a few more assumptions: Day 1: 230 payments (average of 40% participation); MNs approx. 270 Day 2: 316 payments (average of 55% participation); MNs approx. 360 Day 3: 384 payments (average of 67% participation); MNs approx. 450? Day 1 odds of receiving a payment are 57%, Day 2 is 78%, Day 3 is 87%. So it's not inconceivable that some people haven't received payments. Guess I will be patient =) Yup, you got it (not that I checked your math). Basically you convert to the chance of the event NOT happening, then compute to the power of number of iterations. Hmm, I just wrote a script to calculate this and I'm getting different numbers: https://darkcointalk.org/threads/masternode-payment-variance.1636/The calculation we/they did was the chance that one specific masternode gets payed within a given time. if I read your script right you just simulated a run and printed the distribution you got. That's not comparable. edit: ah wait it possible is if you add together the ones that got payed. Ah, I got my script to generate percentages. Pretty close to yours. 72.25 % masternodes were paid in 1 days 92 % masternodes were paid in 2 days 99 % masternodes were paid in 3 days 99 % masternodes were paid in 4 days 99 % masternodes were paid in 5 days 100 % masternodes were paid in 6 days I was going to say, I thought your distribution was pretty ok. |
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So every masternode has a 1/15 chance to win hourly (if there are 400). It could be a long not-winning sequence.. Hourly? no no no... its a fixed denomination of 20% from a winning block reward. You dont have shares like in a mining pool. Either you get 1 DRK, or you dont. So in previous post, the "reality" of 0.8 dRK is even more deceitful as you can either get 1DRK, or you dont. Making variance even a bigger bitch. Just wanted to simplify calculations.. I mean.. if 24 masternodes get paid every hour, you have a 24/(MN number) chance to win at this exact hour.. I think. This seems intuitively correct, but actually isn't. You have 24 iterations of the math I presented above. So... (383/384)^24 = ~ 6% chance It's fairly close to your rough math, but gets more different the more blocks you do it with. |
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Just for laughs, can somebody here who is good at statistics give the percentage of MNs that should be paid within 24, 48, and 72 hours at a normal distribution? I'm a history major, so I'm not much help with that =)
Well it will vary wildly with the # of current nodes, but presently we have 379. Using that and assuming we have 100% payouts, we get: (378/379)^576 = ~78% chance of getting paid in 24 hours (378/379)^1152 = ~95% chance of getting paid in 48 hours (378/379)^1728 = ~99% chance of getting paid in 72 hours Exactly what I was looking for!! Thanks!! So using that formula and assuming 2/3 of pools are paying (approx 380 blocks per day): 63%, 87%, and 95% respectively. Thanks for teaching me the formula! P.S. Making a few more assumptions: Day 1: 230 payments (average of 40% participation); MNs approx. 270 Day 2: 316 payments (average of 55% participation); MNs approx. 360 Day 3: 384 payments (average of 67% participation); MNs approx. 450? Day 1 odds of receiving a payment are 57%, Day 2 is 78%, Day 3 is 87%. So it's not inconceivable that some people haven't received payments. Guess I will be patient =) Yup, you got it (not that I checked your math). Basically you convert to the chance of the event NOT happening, then compute to the power of number of iterations. |
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Just for laughs, can somebody here who is good at statistics give the percentage of MNs that should be paid within 24, 48, and 72 hours at a normal distribution? I'm a history major, so I'm not much help with that =)
Well it will vary wildly with the # of current nodes, but presently we have 379. Using that and assuming we have 100% payouts, we get: (378/379)^576 = ~78% chance of getting paid in 24 hours (378/379)^1152 = ~95% chance of getting paid in 48 hours (378/379)^1728 = ~99% chance of getting paid in 72 hours |
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What would be a really great addition to the Masternode pages (IMO) is an extra column or two showing total payouts and maybe time elapsed since last payout. What do you guys think?
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Thank you very much It would be nice if there is a sound when a new block is solved. New challenge ~~ I will learn and add. (cookie, status checking... all by javascripts...) Can we get a page or table with longer history of masternode payments? I love where it just shows the blocks with masternode payees, but it only lists like 4. Hey, that's awesome! Thanks. Guess I didn't check enough pages.  |
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Thank you very much It would be nice if there is a sound when a new block is solved. New challenge ~~ I will learn and add. (cookie, status checking... all by javascripts...) Can we get a page or table with longer history of masternode payments? I love where it just shows the blocks with masternode payees, but it only lists like 4. |
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I don't really mind the price going down, but I can't say I'm not surprised. I was not expecting a huge rise but not a downtrend either ^^
this is the way market manipulation occurs as when you see its going down you sell and then when you see it is rising you buy.Both ways you lose. That is an accurate description of the behavior of market "sheep". |
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Anybody notice payment discrepancies between their MNs?
Show us. 20% of my MNs got paid 3 times. The rest nothing. Some guy was paid for the 3rd time. Is it just luck.. Yep. It's random. I haven't been paid yet either. It's still early. Of course normal variance is expected, but abnormal variance is not expected. It means something really unlikely happened, or something is wrong with the "random" part of the protocol. I think Ozzie's claim is on the edge of what would be considered normal variance, but I haven't done the math to actually determine that, just my gut. Now, for speculation: we must assume Ozzie wouldn't use the 20% number if he had 5 MNs, he'd probably say "1 of my masternodes got paid 3 times". So then assuming he didn't overgeneralize, we'd guess he has at least 9-10 masternodes.  Edit: Some guy was paid for the 3rd time. Is it just luck.. Yep. It's random. I haven't been paid yet either. It's still early. I would almost be more concerned about the validity of the randomness if every node was paid exactly once before any node received multiple. Thats just me though +1 It's way, way more likely for a MN to be paid twice, even three times than for all of them to get paid once. |
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No coin is 100% anon It is if you wear gloves when clicking the mouse - no fingerprints see?  You know what's interesting is that the above phrase sounds totally wrong if you use the contraction "it's". |
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Man I love your posts... keep 'em coming!
You'd "luv'm" even more if I managed to sort my "it's" from my "its". Man that gets me every time, no matter how hard I try. I find it easier to make 20 BTC on a pump & dump scamcoin than write possessive pronouns with the apostrophe in the right place. So it's back to school for me I'm afraid - whatever the fortunes of RC3 and its little "magic switch" ( <--- Did I get them right that time ?) Hahaha, you managed to not use a single "it is" contraction in your post, but managed to use "it's" and "its" varyingly anyway. Love it! For what it's (see what I did there? ) worth, I usually have OCD in regards to grammar, but "it's" vs. "its" is one of the few I tend not to notice. |
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I understand spanish and "cloak" isn't pronounced like "cloaca". Most spanish people speak english very badly Anyway, my point was that your theory is stupid, without any logical necessity Try to sell Cloak coin to a native Spanish speaker. Good luck trying to do that. (at least the second and third richest billionaires in the world according with Forbes 2014 will laugh instantaneously in front of you) http://en.wikipedia.org/wiki/The_World%27s_Billionaires_2014There's no need to spread FUD. "Ka" would be the pronunciation of the letter K, but not at the end of a word. If each letter were pronounced, in Latin America the pronunciation would be something like "seeleoaka" and in most of Spain "theeleoaka". How do Spanish speakers pronounce "Facebook"? Is it "Facebooka"? I don't think so. Just let the merits of Darkcoin do the talking. edit:missed a letter Agree with you about no need to spread the FUD, but unfortunately for them, you are not right with the term "seeloaka". Is extremely easy test it, Just show the word to a native spanish speaker and you will find yourself the answer. (I'm a native spanish speaker). End point, as my previous post said, is was a reference for native english readers. (native Hispanic readers know what I'm talking about). Edit: Facebook in spanish is phonetically as "feisbuk" or "feisbuc" (plural will be "feisbucs" ) cloak in spanish is phonetically as "cloaca" or "cloaka" ( plural will be "cloacas" ) Bitcoin is a very nice name and is phonetically equivalent in spanish as "bitcoin" Monero is a premium name in spanish because is similar to "monedero" or a wallet to store coins. Darkcoin is phonetically equivalent in spanish as "dark coin" or without any english background "dar coin" ("dar" translate as "give") You have no f***ing clue how to pronounce cloak campeon, please stop the BS and check http://dictionary.cambridge.org/pronunciation/british/cloak_2#before spamming with your moronic posts... and the rest of you... what a sorry excuse for a thread this has become.. 2000+ pages.. no wonder... shame on you : P Solid first post. |
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Monero could be a competitor 6-12 months from now. They have a LOT of work to do before it's even usable by the average person. Also, there are many disadvantages to Monero, and at this point it isn't certain that they will be fixed.
I like many coins like Darkcoin, Monero, NXT, etc..just dont tell lies. Monero only needs a GUI wallet and it's perfect. Truthfully, it has the best anonymity available through Ring Signatures, along with a team of 7 devs... Other than the GUI wallet, there are no other things needed. Scaling/Bloating has been fixed through upgrading the pool software..since it was the pools sending out dust transactions that bloated the blockchain.. While Monero offers the best anonymity there is , Darkcoin also offers masternodes, which I think with their payouts, will be the standard for all Bitcoin based coins and may be a great incentive for mining as it takes 1000 coins out of the supply, which in turn drives the price up, making more people want to mine, a perfect cycle. You're forgetting that there is a magic underway for RC4... RC3 is just masternode payments. RC4 will address anonymity, and Evan does have a few cards up his sleeves. While Monero might work (I dunno if it does or not), Darkcoin is true innovation. That is a huge plus Again, Darkcoin is based off coinjoin, and coinjoin is not that anonymous, as said by the Maker of coinjoin himself, jmaxwell... Monero's anonymity is the best there is.. I don't usually do this to a coin, but I don't like when you lie about other coins to further your own coin. Monero and Darkcoin are both very innovative and shouldnt argue about one over the other. IMO, they serve different purposes. Monero is the true anonymity sending coin, and Darkcoin is the more open masternode payments/transactions coin if you get that. (bolded quotes) This is pretty silly. XMR will not be "perfect" with just a GUI wallet. There's plenty more they are working on, plenty of other problems to solve. Also, XMR's anonymity is not the "best", but rather on par with all the other CN coins - which makes it tied for the "best" if you want to put it that way. It's generally agreed upon that zerocoin/cash will be the best when/if it ever materializes. Finally, of course coinjoin as used in DS is anonymous.....until you spend using inputs from your change account and original account simultaneously. This is the whole point of denominated change in RC4. |
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Personally I've been enjoying at least 10% daily gains off the predictable movements.
SWEET! How long do you predict this going on for? |
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that "Top 100 Richlist" . Are those real ? i mean like somebody IS keeping 150k LGC in local wallet or ..... (i dont know how to say it)  What are you trying to say? Im sayin WOW ! ... i can only dream of it luigi1111, u're in that list ? Mysteries are fun, no? |
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that "Top 100 Richlist" . Are those real ? i mean like somebody IS keeping 150k LGC in local wallet or ..... (i dont know how to say it) What are you trying to say? |
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