[ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo)

[Sharky444]

I'm not 100% sure, but some non scrypt non SHA-2 algos like the QRK algo do work with the standard pool software.

I still don't get why ypool doesn't add Datacoin. Minimal work for them, max profit.

[Snard]

I think you need a plugin for existing pool software to work with the prime generation and various chain lengths.  Outside my scope.

There is definitely some pool out there right now. Rpool seems to be dead, so am not sure who this belongs to:

http://www.chainbrowser.com/datacoin/tx/0c92df11e6721becb979b80021e6c3127e71f498a916295d525155fa6d5633d2/

Possibly ypool created a small pool on their end for certain people?

[maxsolnc]

I think you need a plugin for existing pool software to work with the prime generation and various chain lengths.  Outside my scope.

There is definitely some pool out there right now. Rpool seems to be dead, so am not sure who this belongs to:

http://www.chainbrowser.com/datacoin/tx/0c92df11e6721becb979b80021e6c3127e71f498a916295d525155fa6d5633d2/

Possibly ypool created a small pool on their end for certain people?

Plugin - yes, we need anti-cheating pool solution (neede only for Primecoin and its forks) and some python libraries to be rewritten.

Ypool - don't know, I asked them, yvg1900 told me that he has private pool, but without anti-cheating as I understood. so such pool cannot be released to public - cheaters are always around us.

[GreekBitcoin]

I tried to solo mine for about 12 hours but i got no block But anyway its just a plain laptop.

Ye definitely need a pool!

Btw is there a guide to mine with DO with the lateste miner or something? Thanks.

[maxsolnc]

I tried to solo mine for about 12 hours but i got no block But anyway its just a plain laptop.

Ye definitely need a pool!

Btw is there a guide to mine with DO with the lateste miner or something? Thanks.

new external miner still has issues under Linux, but Mumus is working at that
and laptop - it was not very useful even at first days of mining, and now it really cannot hit blocks

[jpmi1]

Get free DTC now.
https://twitter.com/Datacoininfo/status/411559938180149249

[surfer43]

Can I get datacoin solo mining with an AMD Sempron LE-1250 2.20 GHz? Is there pool mining? Is the windows pre-compiled qt really that much worse for mining than the high powered source? Thanks! Datacoin sounds very interesting...

[maxsolnc]

Can I get datacoin solo mining with an AMD Sempron LE-1250 2.20 GHz? Is there pool mining? Is the windows pre-compiled qt really that much worse for mining than the high powered source? Thanks! Datacoin sounds very interesting...

Just now there is no sense to mine with sempron. You can buy few DTC while they're cheap (1$ per dtc, and totally only 1.2 million DTC). Or you can setup a private pool with 'external miner' instructions

[surfer43]

Can I get datacoin solo mining with an AMD Sempron LE-1250 2.20 GHz? Is there pool mining? Is the windows pre-compiled qt really that much worse for mining than the high powered source? Thanks! Datacoin sounds very interesting...

Just now there is no sense to mine with sempron. You can buy few DTC while they're cheap (1$ per dtc, and totally only 1.2 million DTC). Or you can setup a private pool with 'external miner' instructions

What about quad-core i3?

[maxsolnc]

Can I get datacoin solo mining with an AMD Sempron LE-1250 2.20 GHz? Is there pool mining? Is the windows pre-compiled qt really that much worse for mining than the high powered source? Thanks! Datacoin sounds very interesting...

Just now there is no sense to mine with sempron. You can buy few DTC while they're cheap (1$ per dtc, and totally only 1.2 million DTC). Or you can setup a private pool with 'external miner' instructions

What about quad-core i3?

It's better, but the best will be to have several i3's mining and pointing to one wallet

[theprofileth]

I think that datacoin needs to take a look at more successful anonymous p2p data services like perfect dark and share and take a second look at encryption, here is why. Lets say for the sake of argument no matter what data host you use there will be illegal content on it somewhere, snuff videos, cp, you name it. Regardless of this fact most services and networks can exist due to either of 1 of 3 reasons. The first is that someone can moderate and remove things, hence with datacoin we can't have that lest we invite other problems. The second is that not everyone knows what data they are downloading, allowing for plausible deniability as to the fact that someone may or may not possess illegal material and would not know if they did unless they were specifically looking for it. Furthermore the data is spread out, by that I mean the data is distributed to allow for redundancy and retrieval when needed and you might have parts of what you wanted without even knowing it. The third is that the data is hosted by person x and can be shared with person y via a torrent or magnet link or some other decentralized fashion. As it stands I doubt many of you know of perfect dark or share or else you would of first been demanding encryption and compression on all data which is why NO serious POOL will ever pick this coin up because it could be illegal based on country x's laws due to data y's contents. If someone wanted to be clever and develop a torrent hybrid of the client qt with bittorrent integration then we could move data around in encrypted chunks and reward people based on how much data they hold (you could set a max GB in the client) and how much they seed, much like in perfect dark and share where the more you host and seed the quicker you get your downloads and the higher priority you would be in queues, except for datacoin this could be done via proof of stake on data and transactions in order to secure that you are a reliable node. Encryption should be the first concern as unencrypted data is a cardinal sin, that and combined with mandatory user downloads of all data essentially explains why datacoin hasn't been able to overtake Primecoin when in theory this should be the most useful coin around. Either way you need to pick a plan, torrent hosting, dispersed data chunks, encrypted data archiving service, all in all you just need to have a plan because as it stands nobody is going to want to know that one day they will be forced to download CP and they can do nothing about it other than sell their coins and say fuck this.
Please note I REALLY want datacoin to succeed, I have a couple of them myself but I don't want it to be from hype and pumping, I want it to be from this coin proving that cryptocurrencies aren't for dipshits and retards looking for a quick buck.

[maxsolnc]

Got you point. Thank you for great analysis! I saw this idea several times past  last days, so I think that it really will help Datacoin. But please understand us: there is still much work around (at least pools and improved wallet, plus 'big file' functionality). As soon as we finish with it, it will be possible to implement something like you say. Datacoin will grow, it is attending developers, so many of community's wishes will be implemented. As I see, this 'issue' is #1 (except pools and wallets)

edited: but anyway - remember: it's possible to add illegal content even in Bitcoin blockchain.

[theprofileth]

Got you point. Thank you for great analysis! I saw this idea several times past  last days, so I think that it really will help Datacoin. But please understand us: there is still much work around (at least pools and improved wallet, plus 'big file' functionality). As soon as we finish with it, it will be possible to implement something like you say. Datacoin will grow, it is attending developers, so many of community's wishes will be implemented. As I see, this 'issue' is #1 (except pools and wallets)

Thanks for the responce but that isn't very specific regarding the details, thats more of a press release type statement that companies give out when they have nothing better to say and can't afford to ignore one of the few people actually paying attention.

edited: but anyway - remember: it's possible to add illegal content even in Bitcoin blockchain.

Yes it is, but then again bitcoin wasn't founded on the idea of hosting data in the blockchain nor did it name itself after this idea. Hence I would hope that oh IDK something called Datacoin would have a better idea about how to handle data hosting than to simply say "well shit man, I guess the blockchain is as good as it gets". You know what isn't anonymous about datacoin, the fact that everyone who uses it is equally guilty through literal guilt by association you could be tried and arrested for supporting datacoin due to the way that it has structured itself which is why no pool is going to touch this potentially amazing coin due to a complete disconnect between the developer and the software he is playing with.
All in all, if you want to store data and download things anonymously go use perfect dark (nodes) it is like datacoin but free and without a filesize cap.
Welcome to 2006 guys

[mstfck]

Got you point. Thank you for great analysis! I saw this idea several times past  last days, so I think that it really will help Datacoin. But please understand us: there is still much work around (at least pools and improved wallet, plus 'big file' functionality). As soon as we finish with it, it will be possible to implement something like you say. Datacoin will grow, it is attending developers, so many of community's wishes will be implemented. As I see, this 'issue' is #1 (except pools and wallets)

Thanks for the responce but that isn't very specific regarding the details, thats more of a press release type statement that companies give out when they have nothing better to say and can't afford to ignore one of the few people actually paying attention.

edited: but anyway - remember: it's possible to add illegal content even in Bitcoin blockchain.

Yes it is, but then again bitcoin wasn't founded on the idea of hosting data in the blockchain nor did it name itself after this idea. Hence I would hope that oh IDK something called Datacoin would have a better idea about how to handle data hosting than to simply say "well shit man, I guess the blockchain is as good as it gets". You know what isn't anonymous about datacoin, the fact that everyone who uses it is equally guilty through literal guilt by association you could be tried and arrested for supporting datacoin due to the way that it has structured itself which is why no pool is going to touch this potentially amazing coin due to a complete disconnect between the developer and the software he is playing with.
All in all, if you want to store data and download things anonymously go use perfect dark it is like datacoin but free and without a filesize cap.

No one is responsible for the data on the blockchain. No one actually stores a file, we store base64 encoded bits. So if the police really want to arrest every dtc user then they have to go through every file transaction on datacoin and guess filetype etc. And no one would upload something illegal video file or something like that, that would cost alot! So DTC blockchain is not a problem.

[theprofileth]

No one is responsible for the data on the blockchain. No one actually stores a file, we store base64 encoded bits.

The issue remains that if you are knowingly aiding in the distribution and storage of illegal files and are doing so by choice then you are probably committing a crime*.
*(given correct jurisdiction)

So if the police really want to arrest every dtc user then they have to go through every file transaction on datacoin and guess filetype etc. And no one would upload something illegal video file or something like that, that would cost alot! So DTC blockchain is not a problem.

You act as if that would be hard? You can calculate if a file has data in it simply by estimating the coin return based off of difficulty then counting the number of transactions to see if they are within the min transaction fee limit or over, if over then you check the file. Wouldn't be hard to figure out much from raw data it is done all the time.

[GreekBitcoin]

Get free DTC now.
https://twitter.com/Datacoininfo/status/411559938180149249

This should be in a new thread

[mstfck]

Why would someone waste alot of BTC for fun?
It costs alot to host these files.
And why will someone get arrested for someone others files?

[theprofileth]

Why would someone waste alot of BTC for fun?
It costs alot to host these files.
And why will someone get arrested for someone others files?

Regardless of how you procure files the legality of them is dependent on the content not the content holder or means of procurement.
Which is why holding illegal files is like holding illegal drugs, it doesn't matter if you are holding them for a friend, they are still illegal and still in your possession.
Also why did you say waste a lot of BTC?
Furthermore that's the problem, it costs so much that the normal person won't have a reason to use this and if it was cheap then the blockchain would be bloated do you get the problem here? Or am I being too vague for you?

[mstfck]

And that's maybe the reason? Because it is low risk, maybe some feature about size will get implemented in the future to be sure.

[theprofileth]

And that's maybe the reason? Because it is low risk, maybe some feature about size will get implemented in the future to be sure.

Ok so let me be clear about this, first off the current state of the coin is absolutely useless to anyone who wants to anonymously store data for use in any reasonable fashion. As I said there are already much better WORKING alternatives that don't require stupid workarounds and procedures due to the fact that the developer actually gave a damn about the end user. Storage should be decentralized which is not the same thing as giving everyone ALL the files because nobody will be able to use this in the future if the filesize is so high. The idea of paying for data is cool but the implementation is a waste, essentially you have this as a problem. You are using a deflatory currency to run a data hosting service, which is supposed to increase in usage over time. Now in the future when mining it will be very hard to get datacoins except for if you mined them early on and thus if the system for paying for hosting is exorbitantly expensive and relatively limited then why even try, I mean what if datacoins go up to being $5 a coin? Are you gonna pay $250 to store a megabyte? No because that's stupid. Furthermore as time goes on the only people who will be able to store data will be large miners who can get their money back for free by mining the next block that they put in thus making the datastorage almost free for large pools/miners, in fact you could essentially get together as a group and just agree to always keep the mining fees for data purposes thus negating the data fee which further points out how flawed the system is. Why would I pay money to give everyone a few tiny files when I could just buy a vpn and a seedbox or use perfect dark or share or god forbid emule.
I really wish the developer would actually talk that way I could gauge just how aware of these problems he is.