wow, shadowcash the scam.
nice trust rating Thanks B, I fully support shadowcash. Yes, you support it so much that you and Child_Harold spent ages talking trash and trolling on the Darkcoin and XMR threads last night. It is people like you two who make others think that SDC is a scam. Quit trolling and if your coin is best, it will prevail. |
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So this is an exact Darkcoin clone so far. What are the planned additional/different features?
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Child_Harold seems to get drunk every night and act like a twat on the DRK and XMR threads. Even his own community are trying to get him to stop from what I hear. The worst thing is, I think he might actually be an adult behaving like that. I'd understand it if it was a 12 year old with access to mama's drinks cabinet.
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Going through my post history? What thoughtful people! I'm so glad that I'm not homophobic otherwise you'd all think I was a twat!  We don't judge people here.... |
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You guys have too much time on your hands  It's obvious you realize what I'm saying is true, or you'd ignore me instead of spending an entire page responding. I'm honored though, I really am. Darkcoin qualities: - "anon" coin that isn't anon - written by a dev who couldn't write proper code if his life depended on it - exploitable by amateurs in 2 hours If that's not enough, it was instamined on day 1 cause your shit dev couldn't even be bothered to check his code or, even more proof he has no idea what he's doing Keep cheerleading though, you're doing a great job! Can you provide any evidence of those three qualities? |
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Not sure if you idiots are in denial or just plain stupid. Anyway its always the same morons trying to pump this scamcoin  Enjoy it while it lasts! Also note that if you've used DRK or are a masternode, your name is on more than one 3 letter organisation. Congrats! FUD of the year. Actually cried a bit I laughed so much. Can't bring myself to ignore him. |
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Somebody dumped 70k XRP earlier! |
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LOL. Well done! Monero and SDC win! We look forward to seeing you both further up the market cap list in the future  |
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Hrm, I guess then this transgresses into the POW POS debate.
But here its particularly interesting, due to the DRK networks privacy technology being intermingled with the value of the currency.
And this can spawn the "cc's wil be the only currency so it doesn't matter" but yes, it does. If DRK becomes worldwide, value skyrockets. Then MN requirements either have to change (by what authority?). Potential for epic forking.
BTW, pools are a stop gap measure. True decentralization will find a way to rid of these, IMO.
I have to agree with you on the pools front but thats a problem to solved by a man or lady greater than I. |
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my main concern with DRK is the masternode concept, and what I assume is the centralized nature of it. Is there anyway to analyze the MN network? I'm sure there is - IP addresses and all can be traced back. What percentage are VPSs, that could be shut down due to misinterpretations of terms of service? EVen private servers hosted somewhere are still prone to terms of service interpretations. How many of these MNs are actually sitting in someones private residence, where they are at least relatively protected by whatever laws exist (and yes, this can spawn another debate) as opposed to a business arrangement?
For me, it's all about decentralization. Bitcoin is not decentralized or is increasingly becoming centralized in my opinion. I'm your relatively average joe. I can't afford the 1.2 kw miner to be running constantly, not at current XBT value. Will increase in value change things? Who knows. Probably not, because the rich get richer. I see this MN concept moving in the same direction.
We can have this healthy debate regarding privacy technology, but if the network is owned or capable of being owned by small groups of people, who cares?
And XMR doesn't have this decentralization thing completely figured out yet either, IMO.
Regardless, I'd like to see this component of the technologies discussed.
You raise some very good points. Firstly, Darkcoin masternodes are fully decentralized. Anybody with 1000DRK can run one wherever and however they like. There is no central control over the masternode network. Your concerns about distribution amongst VPS providers is entirely valid and one that the community has been concerned about since masternodes started to exist. At one point over 50% of masternodes were hosted on AWS for example. Since then there has been a concerted effort to spread hosting locations to other providers in different jurisdictions around the world. I haven't seen a breakdown of VPS provider for a while but I suspect that there is considerable diversity now, if not a small preference towards AWS still. Home hosting is a real minority but I wouldn't be suprised to see this increase in the future. Testing on the new Raspberry Pi has gone very well and masternodes seem to be stable on them. In terms of IP addresses, yet another valid point although the code for IP blinding was released onto Github by Evan yesterday. This won't protect masternodes from direct attack rather blind masternodes of each other's existence and involvement in a transaction which greatly increases network security. |
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I'm holding my DRK since the launch, am I the only one?  Hell no....  Jan/14 baby... Sensible people. When I looked at my tipping address on the explorer recently and saw how many DRK have been through it I nearly cried |
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The security reviews indicated that a value of 2,000+ masternodes would be optimal. The current number has passed 2,000 and continues to grow gradually with the coin.
This is interesting. Does this imply that the system becomes less optimal/efficient with a larger number of masternodes, say 10k? Or is it just saying more is better? If the latter and there is no "downside"** to doing so why not change the limit to 500DRK. Doubling the MN's cannot hurt. Or can it? Who carried out the security review? Thanks for your replies I hope the readers see the value in this exchange. **I think we can disregard the added hosting costs. u could always host from home, anybody do that? Some people host from home (even on Raspberry Pi) but high bandwidth use (recently lowered quite a lot) and requirement for fixed IP could be a problem. Our code review and security review was performed by Kristov Atlas, a fairly well known cryptographer. Suddenly having 4000 masternodes would not hurt Darkcoin from a operational perspective but from an individual masternode owner's perspective or from an economical perspective I cannot answer as I do not have the necessary knowledge. |
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its sickening to see all those people refusing to aknowledge the technological prowess that is the cryptonote technology. its what people thought bitcoin was. its what bitcoin should have been from the beginning.
And good luck to whichever anon coin you think is best. Darkcoin is in the lead at the moment because of its adoption levels and so far unbreached privacy. Maybe this will be different in future. Time will tell. |
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Changing requirements is out of the question because that would disenfranchise the owners of existing masternodes by messing with their ROI.
But surely the existing owners would have twice the number of masternodes so all wold be equal for them? Just 2x masternodes for the anon system to use Perhaps, apart from hosting costs. However, why change it? The security reviews indicated that a value of 2,000+ masternodes would be optimal. The current number has passed 2,000 and continues to grow gradually with the coin. What benefit is there to reduce the entry point for a masternode if there is only marginal (debatable) benefit to security? |
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I think that twitter image suggesting DRK is on BTCe is misleading and will only put them off. If I was managing that business there is no way I would fall for that sort of cheesy harassment.
The only way I see something like this happening is us getting some decision making person there to have a formal meeting with Evan to discuss it. Anything different would not work.
I really hope no decision maker sees that twitter image. Just my 2 duffs.
Have you tried to arrange such a meeting? |
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So who are the other big exchanges in the east if btc-e doesn't want to play ball?
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You don't seem to ask questions of the right people. If you spent half the time you spend bitching about Darkcoin on the Shadowcash IRC channel actually doing your research you'd have more info.
Masternodes require 1000 DRK to be set up as a negative incentive that disallows one party running or controlling too many of them in conjunction with a rarity of supply caused by masternodes removing coins from supply (until the owner of a masternode decides to cash out thus returning those coins to the economy).
thanks for the reply. will add it to my files. a 500drk sum would potentially double the available masternodses. do u agree this would benefit teh DRk anon system? More masternodes would potentially benefit the DRK anon system however natural growth of the number of masternodes is deemed enough as coins are mined, bought and invested. The masternode count is slowly but surely growing. Changing requirements is out of the question because that would disenfranchise the owners of existing masternodes by messing with their ROI. Keep in mind that masternodes will be providing other services in the future. If you're not thinking about this, you're missing a trick. |
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You don't seem to ask questions of the right people. If you spent half the time you spend bitching about Darkcoin on the Shadowcash IRC channel actually doing your research you'd have more info.
Masternodes require 1000 DRK to be set up as a negative incentive that disallows one party running or controlling too many of them in conjunction with a rarity of supply caused by masternodes removing coins from supply (until the owner of a masternode decides to cash out thus returning those coins to the economy).
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We need to keep pushing with btc-e until they have no other choice but to add us. Spam them until they add it just to shut us all up. I'm considering joining Twitter just for this purpose. I've always wanted to know what this retweeting stuff is all about. |
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