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Author Topic: [ANN] Denarius [D] - First "Tribus" PoW/PoS Hybrid Masternodes, Ring Sigs  (Read 504215 times)
buzzkillb
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May 07, 2018, 06:21:33 AM
 #3841

It would be more fair from their side  to charge some kind of percentage and not fixed amount because to cover 15k USD Monthly expenses you should have some big volumes spinning. Roll Eyes


Yea it really gets under my skin, CoinPayments.net isn't the only company doing this now a days. A lot of these crypto related businesses are exploiting real developers in the space. ICOs raise funds now in the millions, then they go pay these companies to add their token, or scam coin, just because they have the money to pay them off, from their scam. I know for a fact it does not cost them $15,000 a month to add a coin daemon and attach it to their JSON RPC calls, you would basically be looking at strictly server cost if they are "hosting" the coin daemon, which should really be more like $10-50 a month at absolute max, these companies also then make money off fees, especially exchanges, so there is no reason to be charging developers, besides the sole factor of greed/exploitation.

Yes I hate it as well, the biggest at exploiting developers are exchanges where they want outrageous fees for listing a coin. This is why so many great coins don't get on some of the biggest exchanges because of these fees. They make so much already from trading fees so I never understand why they need to be greedy and charge so much for a listing fee. Okay maybe it shouldn't be free for a listing but when its over 1 BTC and some at multiple Bitcoins, it becomes a joke. I think a flat fee of say $100 USD is enough or 0.01 BTC. This is where a new legit exchange can make a killing charging a low listing fee.

This is a big reason I won't use certain exchanges during this crypto cycle. New coins that can afford huge listing fees upfront (45BTC+) are either backed by legendary BTC hodlers, or the ICO money. Most of the time, the ICO money is not the way. DNR is doing this odl school, and where is that heart emoji.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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ilcapitano
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May 07, 2018, 06:45:27 AM
 #3842

This one of hottest trend in the crypto ecosystem since the blossom last year.
Yes I hate it as well, the biggest at exploiting developers are exchanges where they want outrageous fees for listing a coin. This is why so many great coins don't get on some of the biggest exchanges because of these fees. They make so much already from trading fees so I never understand why they need to be greedy and charge so much for a listing fee.

Okay, got your ideas, which I agree with.
Exchange listing fees should not be unreasonable expensive like some greedy ones always ask for new coins to be listed on their platforms.
The main reasons are those exchanges also got profits when new coins listed there via trading fees, etc.
It is something like a win-win situation, so it's unrealistic, unreasonable to charge for extremely high fees.
Okay maybe it shouldn't be free for a listing but when its over 1 BTC and some at multiple Bitcoins, it becomes a joke. I think a flat fee of say $100 USD is enough or 0.01 BTC. This is where a new legit exchange can make a killing charging a low listing fee.

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vella85
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May 07, 2018, 11:40:52 PM
 #3843

As popularity for DNR grows and volume starts to grow to even higher heights, these top exchanges will have to take notice. Like I have said many times before with what DNR has going for it right now, it should easily be a top 100 coin but because there was no ICO or hype we see DNR out of the top 500. However in time this will all change once people start to see the real potential DNR has. I have never been as bullish on a coin then DNR because I can see that it already has so much going for it and that there is so much room to move.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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May 08, 2018, 02:02:19 AM
 #3844

So, which exchanges should be targeted at the moment for Denarius, vella?
As popularity for DNR grows and volume starts to grow to even higher heights, these top exchanges will have to take notice.

It's good to see Denarius jump into the top 100 in coinmarketcap.com.
In addition, I love the atomic swap and built-in wallet trading as my most favorites features of Denarius.
Like I have said many times before with what DNR has going for it right now, it should easily be a top 100 coin but because there was no ICO or hype we see DNR out of the top 500. However in time this will all change once people start to see the real potential DNR has. I have never been as bullish on a coin then DNR because I can see that it already has so much going for it and that there is so much room to move.

kingcarsen (OP)
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May 08, 2018, 04:06:39 AM
 #3845

Two giveaways going on, on twitter right now!

https://twitter.com/carsenjk/status/993702159488241667 <- Win 100 DNR

https://twitter.com/carsenjk/status/992586621089341440 <- Win a signed copy of the Denarius History Book! Smiley

Just RT!!!!! Cool

Don't forget to join us all in the Discord!
Our Discord Chat: https://discord.gg/UPpQy3n

kingcarsen (OP)
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May 08, 2018, 10:39:27 AM
 #3846

Just also wanted to add that I am currently working on adding Ring Signatures and more privacy-centric options into Denarius for our new v3.0.0 release, Named: Fortuna.

"A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a "ring" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there will be no fungibility issues with Denarius given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent)."

If you want to watch progress, updates will be made in our v3.0.0 branch on the Github, and in the meantime our v2.5.2 branch is almost finished and will be officially released soon! v2.5.2 will include lots of updates previously posted about here on the last few pages.
H055Y
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May 08, 2018, 10:54:33 AM
 #3847

Just also wanted to add that I am currently working on adding Ring Signatures and more privacy-centric options into Denarius for our new v3.0.0 release, Named: Fortuna.

"A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a "ring" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there will be no fungibility issues with Denarius given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent)."

If you want to watch progress, updates will be made in our v3.0.0 branch on the Github, and in the meantime our v2.5.2 branch is almost finished and will be officially released soon! v2.5.2 will include lots of updates previously posted about here on the last few pages.
I'm thinking about my doorbell, when you gonna ring it, when you gonna ring it?

How about you DYOR on Denarius (D)
HardBlockMiner
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May 08, 2018, 04:37:25 PM
 #3848

Just also wanted to add that I am currently working on adding Ring Signatures and more privacy-centric options into Denarius for our new v3.0.0 release, Named: Fortuna.

"A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a "ring" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there will be no fungibility issues with Denarius given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent)."

If you want to watch progress, updates will be made in our v3.0.0 branch on the Github, and in the meantime our v2.5.2 branch is almost finished and will be officially released soon! v2.5.2 will include lots of updates previously posted about here on the last few pages.

I'm really looking forward to seeing this implemented. 
halkuon
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May 08, 2018, 06:31:16 PM
 #3849

ring signatures, time for moar DNR  Grin
quantummining
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May 08, 2018, 06:41:25 PM
 #3850

---Everyone We now support DNR - Just to FYI - We have 5 locations worldwide - East & West USA, UK (London) and EU (Germany) and APAC (Singapore)

www.QuantumMiningPool.com

Discord Link - https://discord.gg/dWNJEpx

Mine here for more - Over 225+ coins...
Angel Di
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EVOS


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May 08, 2018, 06:44:24 PM
 #3851

Very interested in the position and how to position themselves and the project team, the very expression makes me personally delighted. Denarius - Ancient Money for the New World... But lightyears ahead of the rest. The community grows and also dignity plus
buzzkillb
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May 08, 2018, 09:03:24 PM
 #3852

ring signatures, time for moar DNR  Grin

Ring sigs spotted in the wild. https://github.com/carsenk/denarius/commit/59f2138b8beb9f525df1638c83020e6455a048b8  Cool Cool Cool Cool
vella85
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May 09, 2018, 11:57:37 PM
 #3853

I was away for a day and when I got back I noticed that my wallet is stuck, I don't really don't want to delete everything and synce from scratch so does anyone have an updated chaindata that I could use to speed up the process. Not sure what caused this to happen as I am running the new wallet version.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
kronos123
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May 10, 2018, 10:54:01 AM
 #3854

Denarius, along with Coin Solaris, is among the most undervalued currencies in the cryptocurrency market, and I think any wise investor should have a diversified portfolio.

There are other coins in the market that are worth hundreds of millions of dollars that offer half of the features and functionality that Denarius has, which have divided internal communities and a gigantic supply (for example Xvg).

Keep working and developing Dev .... the results will come and we will all thank you and we will happy.
H_tchet
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May 10, 2018, 06:07:32 PM
 #3855

Miners We NEED YOU!

http://mining4.co.uk/ is now running with 0% fee on all pools until 15/6/18

we have PPLNT and SOLO payout systems!

Come join us and hop in our discord for the latest pool news/info https://discord.gg/5v5QT3W

 
vella85
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May 10, 2018, 10:29:03 PM
 #3856

Denarius, along with Coin Solaris, is among the most undervalued currencies in the cryptocurrency market, and I think any wise investor should have a diversified portfolio.

There are other coins in the market that are worth hundreds of millions of dollars that offer half of the features and functionality that Denarius has, which have divided internal communities and a gigantic supply (for example Xvg).

Keep working and developing Dev .... the results will come and we will all thank you and we will happy.

I couldn't agree with you more on this. I have been saying for a very long time now that DNR is undervalued and should be a lot higher in price and in the top 100 coins on CMC. However I do believe this day will come, its just going to take some time before people start seeing the real value DNR has to offer. Just keep mining, staking and earning them MN rewards and soon it will all payoff in a big way.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
Sucess
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May 11, 2018, 02:56:32 PM
 #3857

Bitcoin core code with privacy... look how people are crazy when their is something related to bitcoin... our main marketing strategy should be : based on bitcoin core code
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May 11, 2018, 02:58:14 PM
 #3858

All I'm waiting is for Vic exchange to launch so that other coins we voted in can be listed and tradeable
umine.org
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May 11, 2018, 04:23:57 PM
 #3859

Denarius on umine.org

https://umine.org/

Fast and stable mining pool


Code:
-a tribus -o stratum+tcp://s.umine.org:8533 -u WALLET_ADDRESS -p c=DNR -R 3

Low fee 0.5%.
Payouts are made automatically every 1 hours for all balances above 0.1, or 0.01 on Sunday*.
enkayz
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May 11, 2018, 05:38:47 PM
 #3860

I'm looking at setting up some other region pools for hashbag.cc, so I'll add SEA to the list and I'll make a post in here if it eventuates.
At a glance, Singapore looks like a reasonable place for cryptocurrency operations and is reasonably central to the SEA region.
Sydney is another place that we could potentially host a pool, but I need to check that I'm not going to be stepping on any toes regarding the creation of cryptocurrency in the locations I'm looking at.

That's a post I made quite some time back! But yes, you're right to mention something like this.

I've just set up a server in Hong Kong so for any Chinese miners who want somewhere a little closer to mine - the stratum address is hk.hashbag.cc:8688!

Currently have (all port 8688):

nl2.hashbag.cc - Netherlands
us.hashbag.cc - Miami
hk.hashbag.cc - Hong Kong

just looking at adding a server in Sydney now

if anyone wants some more locations, let me know!

hashbag.cc - where do you put your hash? region based stratums available now: https://bitcointalk.org/index.php?topic=2044808.new
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