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I've really been getting into the idea of enforced p2pool mining. I think it's a fantastic idea...but I think it's also a non-starter. I just realized that everyone (including me) has been ignoring the overarching problem: network consensus.
Let's face it...the big pools make a profit off their operations. Probably a significant profit...and they are not likely to voluntarily accept a mandatory p2pool update. Without support from the very pools we are trying to replace, we won't reach high enough levels of network consensus to safely fork the network to a new p2pool-based protocol.
If MNs can enforce p2pool mining via a privkey system like they validate other MNs, what the centralised pools want won't matter. If a mined block isn't signed as coming from a p2pool node, it would get orphaned. People who run big pools should be able to make the same % running p2pool nodes instead. Sort of how enforcement works?
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not sure if you're referring my proposal, but I dont mean p2pool dev, I mean direct contribution to the p2pool miners to incentivise the p2pool network.
Is it possible to allow p2pool miners to earn 5% more by allowing payments to masternodes at 20%?
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Darkcoin's blockchain size "0.46gb" over 11 months. Monero's blockchain size "2.3gb" over 7 months. So based on current usage, Monero should have a blockchain size of of over 10GB within 2years and 5 months. Whereas Darkcoin would only be around 1.75gb over the same period. (Assuming no new users over the next 2 1/2 years) I thought Monero fixed the zerocoin "blockchain size" problems? EDIT: Vote for Darkcoin please. https://bitcointalk.org/index.php?topic=393147.new#newThis site is awesome for Darkcoin!
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Looks like it would make sense to add both Darkcoin and Monero.
A report on the easability of implementing both coins would be cool, also.
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Darkcoin is a joke when it depends on people running nodes. It would be TOR in coin form all over again even shittier. If the feds want they can buy shit tons of DRK and become main nodes and intercept people's addresses. Monero tries to solve this.
Ok so unlike "tor" you must buy darkcoin to host a "node" to have 50% of the masternode network you would currently need around 600,000 darkcoins, all tied up in masternode wallets. 1. I don't think a buyer would be able to buy enough Darkcoins on the market. 2. If he could buy those Darkcoin it would cost $$$$$$$$$s 3. His buying of that amount of Darkcoin would send the marketcap skyhigh, increasing usage of the coin (exactly what "they" don't want.) You describe "running nodes" as manual labor... You update to latest version and just watch the money roll in? Current masternode count is 1200. To have 50% of the nodes you'd have to buy another 1200 = 1,200,000 coins. And even then, having 50% is not nearly enough. Yes, your right. Make that $$$$$$$$$$$s
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Darkcoin is a joke when it depends on people running nodes. It would be TOR in coin form all over again even shittier. If the feds want they can buy shit tons of DRK and become main nodes and intercept people's addresses. Monero tries to solve this.
Ok so unlike "tor" you must buy darkcoin to host a "node" to have 50% of the masternode network you would currently need around 600,000 darkcoins, all tied up in masternode wallets. 1. I don't think a buyer would be able to buy enough Darkcoins on the market. 2. If he could buy those Darkcoin it would cost $$$$$$$$$s 3. His buying of that amount of Darkcoin would send the marketcap skyhigh, increasing usage of the coin (exactly what "they" don't want.) You describe "running nodes" as manual labor... You update to latest version and just watch the money roll in?
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Hi Guys, Evan Duffield has already been nominated for the voting round as he recieved 15+ votes. Please vote for someone else if you like or wait until the voting round Thank you. I knew all of that, i just thought id make a point
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God damn trade bots I can get an order to f*cking fill, its so damn annoying grrr Something like this? Place order 100 drk @ 0.006658 Buy orders start flowing over the top of you to 0.006678 0.006698 almost instantly?
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Monero offers higher level of untraceability due to nature of CryptoNote protocol which is completely different from Bitcoin protocol. However this tech is still in very early stage of development. Who cares ? That's pure theory and it pales into insignificance against the massive redundancy that the Darkcoin network now has with it's background pre-emptive coin supply anonymisation. Monero is a single tier approach technology. It has to do it's "anon" in realtime at the point of the transaction. With Darkcoin, your entire wallet has been anonymised into oblivion way before you've even decided you need to do the transaction. Darkcoin's actual mixing algo could be only half as effective as any other and yet the network will still deliver far a more secure service in terms of untraceability. Another area where Darkcoin is architecturally optimal is in deciding what to evolve and what not to evolve. It has a 2-tier network which lets it do all its anon-development without disrupting or coupling with the commercial interface which is Bitcoin compliant. That's another area where cryptonote is sub-optimal. If Bitcoin itself hadn't consolidated so well this year I'd have said that these things were still up for grabs. But as things have turned out, Bitcoin has all but killed off all the competition. Its nearest threat was Litecoin which got to within 2% of Bitcoin's valuation at the time. It's now sitting at 0.02% of BTC's marketcap. So what does this mean as far as commercial protocols go ? It means that any future player that wants a look in on the cryptocoin retail and trade market needs to use the Bitcoin prototcol which Darkcoin does - that was the whole basis behind its 2-tier approach. Good luck to Monero and solving the cryptonote issue. I'm in this for TRUE privacy. Coinjoin as it's used by coin mixers is flawed. This is common knowledge... Do you really think the dev (Evan) doesn't know this? He has infact fixed the flaws with coinjoin and made it flawless. Trustless/Decentralized/No tracking payments with Darksend. Darkcoin is the current winner and market cap projects this. All the FUD about Darkcoins approuch to coinjoin is to misguide you. Come to the Darkcoin thread and ask questions about Darkcoin, we welcome you with open arms, noobs.
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Come on guys.. Don't give him cheap DRK!
Anyone else staying up late to see how long that wall can last?
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Beautiful!! BTW, you've already beaten the productivity world record for a developer in a weekend with all the (7?) updates, get some rest!!! Olympic gold medal in programming goes to....
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4/8 darksend rounds, 0 fee's so far!
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Just checked my MN.
Remote server was online, but the local wallet needed rebooting.
Will check back later.
BTW, i have lot's of charts showing potential masternode earnings that i made to show investors i know. Shall i post them?
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My masternode just keeps turning its self off. I have to keep restarting it?
drk.mn shows Total Masternodes: 3 = 2 actives + 1 inactives (Last refresh: Fri Nov 14 2014 7:18:53 AM)
See above, seems to be memory leak issue wich causes the MN to crash. Thanks, does it look worse than it is?
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