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Author Topic: Analysis of Darkcoin's Distribution As At Sept-2014  (Read 4184 times)
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coins101 (OP)
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September 11, 2014, 01:23:11 PM
Last edit: September 11, 2014, 03:40:16 PM by coins101
 #1

A review of Darkcoins distribution as at September 2014

Summary

The general history / creation period of 3.8m (82%) of the 4.6m DRK in circulation is reviewed below.

Top 300 Wallets [10 Sept-14]

This is needed as a record of the top wallets as the final release of Darkcoin's anonymity software is due to be open sourced and put into production making analysis on some wallets impossible.

OP to be extended as analysis is updated:


http://bitinfocharts.com/



http://bitinfocharts.com/top-100-richest-darkcoin-addresses-1.html

Top 300 Wallets: total held in all wallets by month they were created, and still in existence:

*Jan-14: 146,000 DRK
*Feb-14: 175,000 DRK
*Mar-14: 315,300 DRK
*Apr-14: 524,200 DRK
*May-14: 522,500 DRK
*Jun-14: 332,900 DRK
*JUL-14: 96,300 DRK
*Aug-14:713,855 DRK
*Sep-14: 125,624 DRK

Total: 2.94m DRK [~63%]

January 2014 Wallets

Darkcoin was launched on 18th January 2014 / No premine.

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F



Of the top 300 wallets in circulation at 10 Sept 2014 and created in January, the total number of coins held in all those combined wallets from the first month is 146,000 DRK, around 3%.

Known Wallets

Several of the top 100 wallets have been flagged as belonging to exchanges or pools.



These collectively contain 450,300 DRK [~10% of the 4.64m coins in circuclation]

Wallets Above 10k DRK




Activity of top 4 Wallets which contain 1.1m DRK

Nr1. Wallet
XosXcEm3Y6Mv6tmBKd1rUWhqB9Pf1hABj7

Nr2. Wallet
XnuCAYmAiVHE6Xv3D7Xw685wWzqtcfexLh

Nr3.Wallet
XdiD28mjurK1koGgYy7NUSQqK1XeCfwvGX

Nr4. Wallet
XwXtGyj1NZnmHfWFDYjGsyY4qzkJXBLCjV


Master Nodes


http://drk.poolhash.org/mmaps.html

There are around 900 Master Nodes [11-Sept-2014]


Master Nodes provide the trustless decentralised mixing system behind Darkcoin.

Kristov Atlast has written an independent review of Darkcoin and what the Master Nodes do
http://blog.anonymousbitcoinbook.com/2014/09/paper-an-analysis-of-darkcoins-blockchain-privacy-via-darksend/


To operate a Master Node (MN), each MN must have a wallet with 1,000 DRK. These can be linked to cold storage.

The lower end of the top 300 wallets used in this analysis ends at:

XsumiZCsth6Jtgb34nsRQs3KsgDj4Dd4KA

It contains 1,070 DRK [as at 11 Sept-14]

It is considered that the 900 Master Nodes are not counted in the top 300 wallets, therefore

900 MN x 1,000 DRK = 900,000 DRK (~20%) that are out of general circulation and held in Master Nodes.


Read my in depth strategic review of Darkcoin
https://bitcointalk.org/index.php?topic=579976.msg6335710#msg6335710


Read my in depth review of why online Gaming with Bitcoin should be avoided
https://bitcointalk.org/index.php?topic=761561.msg8585129#msg8585129


Darkcoin vs. Litecoin vs Bitcoin

DRK


LTC


BTC


There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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vertoe
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September 15, 2014, 09:16:42 PM
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Indeed, subscribing!
PhattyBanks
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September 18, 2014, 12:29:42 AM
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so is there going to be another massive pump and dump or what? Did the whales stock up in Aug when it was dumped to .0024?
aleix
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September 18, 2014, 12:33:54 AM
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so is there going to be another massive pump and dump or what? Did the whales stock up in Aug when it was dumped to .0024?

No pumps and dumps in Darkcoin now. Just innovation and awesome work from the devs:

https://darkcointalk.org/threads/rc5-launching-september-22nd.2382/
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April 06, 2015, 05:52:38 PM
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bump?
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