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silversmith (OP)
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March 21, 2016, 07:38:08 PM
 #1

Anyone following DarkNet(DNET)? It's a new coin with only a $100K market cap and a lot of activity. Just wondering what you all think?
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March 21, 2016, 07:42:30 PM
 #2

I think it's a sleeper with a lot of potential. Granted, I own close to 40 masternodes out of 558 but still, I have to say it's quite lucrative.

Masternode rewards will decrease soon but as it stands, it currently takes 46 days to ROI with a masternode which is quite nice.
After the fix it will take 77 days to ROI with the current number of masternodes which keeps increasing every day. There's still time to safely get in and profit imo.

Not your keys, not your coins!
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March 21, 2016, 09:19:47 PM
 #3

I think it's a sleeper with a lot of potential. Granted, I own close to 40 masternodes out of 558 but still, I have to say it's quite lucrative.

Masternode rewards will decrease soon but as it stands, it currently takes 46 days to ROI with a masternode which is quite nice.
After the fix it will take 77 days to ROI with the current number of masternodes which keeps increasing every day. There's still time to safely get in and profit imo.

Looks like a fair version of Dash. I got a couple of masternodes just for fun.

Dash2 - the redemption.

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March 21, 2016, 09:33:50 PM
 #4

I think it's a sleeper with a lot of potential. Granted, I own close to 40 masternodes out of 558 but still, I have to say it's quite lucrative.

Masternode rewards will decrease soon but as it stands, it currently takes 46 days to ROI with a masternode which is quite nice.
After the fix it will take 77 days to ROI with the current number of masternodes which keeps increasing every day. There's still time to safely get in and profit imo.

Looks like a fair version of Dash. I got a couple of masternodes just for fun.

Dash2 - the redemption.

Dash2 without the bullshit instamine.

Not your keys, not your coins!
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March 21, 2016, 10:22:22 PM
 #5

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

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March 21, 2016, 10:49:33 PM
 #6

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Not your keys, not your coins!
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March 21, 2016, 11:24:48 PM
 #7

I think it's a sleeper with a lot of potential. Granted, I own close to 40 masternodes out of 558 but still, I have to say it's quite lucrative.

Masternode rewards will decrease soon but as it stands, it currently takes 46 days to ROI with a masternode which is quite nice.
After the fix it will take 77 days to ROI with the current number of masternodes which keeps increasing every day. There's still time to safely get in and profit imo.

Looks like a fair version of Dash. I got a couple of masternodes just for fun.

Dash2 - the redemption.

Dash2 without the bullshit instamine.
Interesting, but aside from enriching the devs primarily, there is no issue that affects the coin (Dash), right?  I ask this honestly, as I don't fully understand the issues.  Is there a big advantage to DNET over Dash?

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March 21, 2016, 11:41:42 PM
 #8

I think it's a sleeper with a lot of potential. Granted, I own close to 40 masternodes out of 558 but still, I have to say it's quite lucrative.

Masternode rewards will decrease soon but as it stands, it currently takes 46 days to ROI with a masternode which is quite nice.
After the fix it will take 77 days to ROI with the current number of masternodes which keeps increasing every day. There's still time to safely get in and profit imo.

Looks like a fair version of Dash. I got a couple of masternodes just for fun.

Dash2 - the redemption.

Dash2 without the bullshit instamine.
Interesting, but aside from enriching the devs primarily, there is no issue that affects the coin (Dash), right?  I ask this honestly, as I don't fully understand the issues.  Is there a big advantage to DNET over Dash?

Dash was arguably the first of its kind which will always be valuable by some and oversimplifying things DNET can only be looked at just another fork (with another algo and no instamine).

But Dash is, and forever will be plagued by its rocky start, meaning it was heavily instamined by a few people:




And on top of that Dash rebranded itself to appeal to the mainstream audience while DNET is proud to be used by everyone both on the clear and deep side of the web (as far as I know).

Not your keys, not your coins!
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March 22, 2016, 12:49:52 AM
 #9

Gotcha, thanks for your explanation.  But as I said, the instamine doesn't really affect Dash's utility as a coin, right?  It just made the initial miners quite rich. 

As far as being up front and honest about its intentions, I guess that doesn't matter that much to me.  If they both work equally as well, then they're more or less the same.  No?

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March 22, 2016, 01:37:31 AM
 #10

Gotcha, thanks for your explanation.  But as I said, the instamine doesn't really affect Dash's utility as a coin, right?  It just made the initial miners quite rich. 

As far as being up front and honest about its intentions, I guess that doesn't matter that much to me.  If they both work equally as well, then they're more or less the same.  No?

Yes the same. One fair one not fair.

One (dnet) giving potential upside for 1000% the other one not so much

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March 22, 2016, 01:45:54 AM
Last edit: March 22, 2016, 01:56:58 AM by 2dogs
 #11


The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Any links on setting up a masternode available?  Interested in researching this some more.

EDIT:  Found these:

https://bitcointalk.org/index.php?topic=1262920.0

http://www.fernys.co.uk/Darknet/Windows%20Setup%20for%20Darknet%20Masternodes.pdf
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March 22, 2016, 01:48:11 AM
 #12


The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Any links on setting up a masternode available?  Interested in researching this some more.

Dnet OP has some details. Not that clear though. They should get a youtube vid set up for it really. Both local masternode and vps one where you still hold the coins in your local wallet.

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March 22, 2016, 02:37:20 AM
 #13

Gotcha, thanks for your explanation.  But as I said, the instamine doesn't really affect Dash's utility as a coin, right?  It just made the initial miners quite rich. 

As far as being up front and honest about its intentions, I guess that doesn't matter that much to me.  If they both work equally as well, then they're more or less the same.  No?

Yes the same. One fair one not fair.

One (dnet) giving potential upside for 1000% the other one not so much
Why do you say 1000% for DNET?  And I'm kinda a fan of Dash even with the premine and even with the rebranding, so sue me.  It's done pretty well in the last month.

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March 22, 2016, 02:29:35 PM
 #14

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Not to be offensive in any form, but how can you consider a newly released DASH clone as a "DASH 2" project? With buying DASH, you buy into a long-term support from the developers who have invented/coded the features that DASH currently owns and they will most probably stick to their project meaning it's less risky than investing into the 22nd DASH/Bitcoin clone.

With buying DNET you invest into something that is literally a clone of another project with no background knowledge on the developers or their past coding experience.

Also about the identity crisis issue, DNET doesn't seem to have anything even closely related to darknets except it's name and cloning of anonymity features.

I see that you are obviously invested and I am also against DASH's early instamine issues (and as disclaimer I don't own a single DASH nor do I plan to buy any), but luring people into a project with bullshit claims like "this is the new and better DASH" is just plain wrong. If the DNET developers were here to stay for 2+ years and would try to build groundbreaking anonymity and cryptocurrency features they wouldn't have started with cloning another project on a 1:1 basis.

PS: I have 0 problems with the DNET project, but was randomly reading around and the noobtrap buzzwords were bothering me here.

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March 22, 2016, 02:53:06 PM
 #15

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Not to be offensive in any form, but how can you consider a newly released DASH clone as a "DASH 2" project? With buying DASH, you buy into a long-term support from the developers who have invented/coded the features that DASH currently owns and they will most probably stick to their project meaning it's less risky than investing into the 22nd DASH/Bitcoin clone.

With buying DNET you invest into something that is literally a clone of another project with no background knowledge on the developers or their past coding experience.

Also about the identity crisis issue, DNET doesn't seem to have anything even closely related to darknets except it's name and cloning of anonymity features.

I see that you are obviously invested and I am also against DASH's early instamine issues (and as disclaimer I don't own a single DASH nor do I plan to buy any), but luring people into a project with bullshit claims like "this is the new and better DASH" is just plain wrong. If the DNET developers were here to stay for 2+ years and would try to build groundbreaking anonymity and cryptocurrency features they wouldn't have started with cloning another project on a 1:1 basis.

PS: I have 0 problems with the DNET project, but was randomly reading around and the noobtrap buzzwords were bothering me here.

Don't take the term Dash 2 too seriously. Dash is an old, established coin and DNET is new so it's obviously not Dash 2 in a sense that it is its successor.
But it is a Dash fork without the premine following Darkcoin's original idea (as far as I can tell at least) so given time and development it has the potential to close the gap to Dash in terms of success even though they will probably never be direct competitors unless DNET also rebrands itself to appear to be more mainstream.

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March 22, 2016, 02:59:08 PM
 #16

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Not to be offensive in any form, but how can you consider a newly released DASH clone as a "DASH 2" project? With buying DASH, you buy into a long-term support from the developers who have invented/coded the features that DASH currently owns and they will most probably stick to their project meaning it's less risky than investing into the 22nd DASH/Bitcoin clone.

With buying DNET you invest into something that is literally a clone of another project with no background knowledge on the developers or their past coding experience.

Also about the identity crisis issue, DNET doesn't seem to have anything even closely related to darknets except it's name and cloning of anonymity features.

I see that you are obviously invested and I am also against DASH's early instamine issues (and as disclaimer I don't own a single DASH nor do I plan to buy any), but luring people into a project with bullshit claims like "this is the new and better DASH" is just plain wrong. If the DNET developers were here to stay for 2+ years and would try to build groundbreaking anonymity and cryptocurrency features they wouldn't have started with cloning another project on a 1:1 basis.

PS: I have 0 problems with the DNET project, but was randomly reading around and the noobtrap buzzwords were bothering me here.

Don't take the term Dash 2 too seriously. Dash is an old, established coin and DNET is new so it's obviously not Dash 2 in a sense that it is its successor.
But it is a Dash fork without the premine following Darkcoin's original idea (as far as I can tell at least) so given time and development it has the potential to close the gap to Dash.

Obviously there is the opportunity for every new project to prove itself and there is an existing chance that DNET will come out as something different from the DASH forks/clones.

I'm just saying that to this day, none of the DASH forks have done anything better/more compared to the original. The (probably pre-planned) instamine is something that is not welcome in this community (and that's a good thing), but on the other side, they have proven that they have the intention to innovate aswell.

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March 22, 2016, 03:10:02 PM
 #17

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Not to be offensive in any form, but how can you consider a newly released DASH clone as a "DASH 2" project? With buying DASH, you buy into a long-term support from the developers who have invented/coded the features that DASH currently owns and they will most probably stick to their project meaning it's less risky than investing into the 22nd DASH/Bitcoin clone.

With buying DNET you invest into something that is literally a clone of another project with no background knowledge on the developers or their past coding experience.

Also about the identity crisis issue, DNET doesn't seem to have anything even closely related to darknets except it's name and cloning of anonymity features.

I see that you are obviously invested and I am also against DASH's early instamine issues (and as disclaimer I don't own a single DASH nor do I plan to buy any), but luring people into a project with bullshit claims like "this is the new and better DASH" is just plain wrong. If the DNET developers were here to stay for 2+ years and would try to build groundbreaking anonymity and cryptocurrency features they wouldn't have started with cloning another project on a 1:1 basis.

PS: I have 0 problems with the DNET project, but was randomly reading around and the noobtrap buzzwords were bothering me here.
Good points you made.  I was also thinking that Dash itself hasn't even penetrated the dark markets to any great extent,  has it?  I asked this question in another thread and I was told that most merchants use bitcoin.  That certainly doesn't bode well for dnet if true.

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March 22, 2016, 03:16:28 PM
 #18

Yep I think time to advertise it as Dash2 on the main board. Change heading to darknet - dash 2 you can all own some of for 40 bucks or whatever a masternode is now.

This time everyone can mine it up. How much has been mined. I tried to mine it but seems there are some big miners already.
I can't make a profit from mining it so I  just bought 20k of it for about 80 bucks. Not too bad to run 2 masternodes once i work out how to set them up on vps. Let's see how it goes.

The main thing I like about DNET (other than the lack of instamine) is that it doesn't have an identity crisis, it isn't trying to break away from its roots and it's actually proud to be associated with the dark net.

Anyone reading this, feel free to pm me if you need any help with setting up a masternode.

Not to be offensive in any form, but how can you consider a newly released DASH clone as a "DASH 2" project? With buying DASH, you buy into a long-term support from the developers who have invented/coded the features that DASH currently owns and they will most probably stick to their project meaning it's less risky than investing into the 22nd DASH/Bitcoin clone.

With buying DNET you invest into something that is literally a clone of another project with no background knowledge on the developers or their past coding experience.

Also about the identity crisis issue, DNET doesn't seem to have anything even closely related to darknets except it's name and cloning of anonymity features.

I see that you are obviously invested and I am also against DASH's early instamine issues (and as disclaimer I don't own a single DASH nor do I plan to buy any), but luring people into a project with bullshit claims like "this is the new and better DASH" is just plain wrong. If the DNET developers were here to stay for 2+ years and would try to build groundbreaking anonymity and cryptocurrency features they wouldn't have started with cloning another project on a 1:1 basis.

PS: I have 0 problems with the DNET project, but was randomly reading around and the noobtrap buzzwords were bothering me here.
Good points you made.  I was also thinking that Dash itself hasn't even penetrated the dark markets to any great extent,  has it?  I asked this question in another thread and I was told that most merchants use bitcoin.  That certainly doesn't bode well for dnet if true.

There was some news about a year ago on 1 or 2 smaller darknet markets accepting DASH, but they were low volume and/or newer markets. I doubt they still exist, didn't really research it since, but I guess you would have read about them if they were doing big $. Meaning no one really penetrated the darknet markets so far except BTC. The time may come sooner or later that the bigger markets start accepting altcoins, but if that happens, it will be the older, more tested and surviving altcoins (probably with some form of anonymity feature) with good liquidity and better known exchanges. 

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March 22, 2016, 03:16:41 PM
 #19

noobtrap buzzwords

Almost always = scam
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March 22, 2016, 05:24:32 PM
 #20

noobtrap buzzwords

Almost always = scam

Wouldn't call it a scam, the developer wasn't the one advertising here.

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