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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722518 times)
fernando
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April 05, 2014, 05:44:25 PM
 #12541

Those that want anonymity for nefarious reasons will still use the coin. They will give a price boost to darkcoin when darksend is ready. But they are not the target audience, IMO.

I'm a broken record here, but IMO they might not be the target audience, but they will be the ones who have the ability to increase price based on adoption.

Really then please explain who is the target audience and what is the target use? "People concerned about privacy". What does this mean? How will the coin be used in "private" on a large scale? Those who wish DRK adoption to the general public, that's all fine and good but DRK's main selling point doesn't matter to the majority of potential users.

I use Bitcoin for 3 purposes: 1. Hold for future appreciation, 2. Redeem for fiat, 3. Buy non-illegal stuff online (TigerDirect, etc.).

So what do i care about being private? For #3. I HAVE TO GIVE SHIPPING INFO. I think i'm generally in the mainstream when it comes to crypto, i use it, i invest in it, i believe in it, but I don't care about being anonymous.

I'm not trying to be a smart-ass, but please, give me some idea of what non-illegal transactions that it would be imperative to use DRK (and primarily DRK) for?

I just think it's naive to think that DRK can somehow gain mass appeal without -first- being adopted by those who want to buy their pot.


If you don't see how darksend can benefit the general public, you won't have any problems posting a history of all transactions from your current bank account, or all bank accounts you have ever had for that matter. Sure, bitcoin addresses do not necessarily have a direct link to any individual or organisation, but in many cases it would be easy enough to establish the owner of the wallet, especially if the information is posted in a public forum. If somebody has your address they can see all transfers in the blockchain and may be able to establish who you have done business with. If legitimate businesses accept bitcoin a lot of them would probably want to keep the same address, so payments aren't sent to the wrong address, causing problems with their clients. In many cases it might not be important but many people are not such exhibitionists that they wish for their finances to be public information.

+1

If we are in a buy / sell transaction, and I can see your purchase history and how much you have, I can gain an advantage over negotiations.

There are thousands of reasons why financial privacy is essential.

Again, this is not really giving me anything other than the "privacy" issue. In the current state of crypto, even Bitcoin can be considered a niche financial tool with limited acceptance (outside of the "crypto community").

In terms of mass-adoption, what do you need? Demand. What causes demand? The ability to use it to purchase services/goods or a likelyhood of appreciation.

I'm looking for scenarios on the demand side. I'm not discounting the end-goal of more privacy, I don't discount this is a good thing. My point above was to address the people who constantly harp on the "evil" side of things (drug deals, etc.). The privacy thing is great, but I don't think this is the reason BTC doesn't have wider acceptance (knowing that we're still in the infancy).

The point is I still think it's naive to think the privacy thing is enough to put DRK over the top while trying to avoid potential "bad transactions", because there simply aren't enough "good transactions" in the world of crypto.


You are right when you say the privacy feature is not enough to be the only coin, but it is definitely more than what most crypto coins have. We are in the infancy of crypto coins. Way too many exist right now. Demand will build up slowly and the few that survive will get the big pot. I believe Darkcoin will be one of them, but it will not be alone for sure.
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April 05, 2014, 05:48:40 PM
 #12542

You can calculate your daily profit at the private calculator: https://cointweak.com/calculator/coin/drk

Quote
Coin    Difficulty    Coin reward/day    Exchange rate BTC    Exchange rate USD    Revenue/day    Days to create 1 BTC
Darkcoin   476.7400     2.28491832     Cryptsy ฿0.00141435    0.633470267806    ฿52.12462    $1.45    309.44

Is it possible to track the avg diff of the last 24hr + the avg block reward and then autopropose these two values? Because with dynamic diff + block rewards, calculations can be way off with a static value.
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April 05, 2014, 05:55:37 PM
 #12543

BTW, EdgeCoin is coming with client messages attached to transactions, maybe put this on the list to add soon.. or maybe just copy paste their code, when edge is released.
https://bitcointalk.org/index.php?topic=519856.0
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April 05, 2014, 05:59:47 PM
 #12544

As slick as the black & white logo is, I think it sends the wrong message. It says, "we're trying to look badass". To me, it's the style of logo better suited to companies targeting a youth market, like energy drinks or extreme sports or gaming peripherals. In the context we're competing in (finance), it makes us look unprofessional/young/inexperienced, or like we're overcompensating.

https://www.google.com.au/search?q=extreme+sports+logo&espv=210&es_sm=122&source=lnms&tbm=isch&sa=X

http://breezycreativedesign.com/wp-content/uploads/2010/04/Mother-energy-drink-logo-design.jpg

http://cdn.dualshockers.com/wp-content/uploads/2013/06/razer-hd-61537.jpg


No-one can deny that these don't all look cool. But they're not suited to finance, where trust & reliability are super important.

I disagree, I think it's the concept of the D that looks neat. I don't even think it's "badass", it just looks well thought out and professional.




(Imagine this except with that metal texture and higher quality -- I'm missing the actually source to this logo)

Yes!! My thinking exactly!  Just as I said earlier, throw that awesome new "D" character logo on to the existing coin here:



Perfect.  With the new font.
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April 05, 2014, 06:00:52 PM
 #12545

You can calculate your daily profit at the private calculator: https://cointweak.com/calculator/coin/drk

Quote
Coin    Difficulty    Coin reward/day    Exchange rate BTC    Exchange rate USD    Revenue/day    Days to create 1 BTC
Darkcoin   476.7400     2.28491832     Cryptsy ฿0.00141435    0.633470267806    ฿52.12462    $1.45    309.44

Is it possible to track the avg diff of the last 24hr + the avg block reward and then autopropose these two values? Because with dynamic diff + block rewards, calculations can be way off with a static value.

seems to work great.
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April 05, 2014, 06:12:01 PM
 #12546

You can calculate your daily profit at the private calculator: https://cointweak.com/calculator/coin/drk

Quote
Coin    Difficulty    Coin reward/day    Exchange rate BTC    Exchange rate USD    Revenue/day    Days to create 1 BTC
Darkcoin   476.7400     2.28491832     Cryptsy ฿0.00141435    0.633470267806    ฿52.12462    $1.45    309.44

Is it possible to track the avg diff of the last 24hr + the avg block reward and then autopropose these two values? Because with dynamic diff + block rewards, calculations can be way off with a static value.
Unfortunately I don't keep track of block reward averages, but maybe I can add it to the settings to use average difficulty and write a piece of custom code for Drk to re-calculate block reward based on that. Can't promise anything yet though, will have to look into it.

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April 05, 2014, 07:55:14 PM
 #12547

LOL, I'll go for LimLims' eye too Wink

I have a problem.  I just sent 5 darksend payments and none of them seem to be going through.  The last time I did this, i gave up on it and got charged 0.1 drk for each misbehaving send when I finally closed my computer.  Several blocks have gone through since I started and yet, my darksends are still stuck at state 2.

I'm wondering if they will ever go through?  Is there something wrong?  I am using the latest (as in I just downloaded it fresh this evening in case it was updated) beta.  I really don't want to lose half a dark again, so I'll leave my computer on all night but I'm reporting this in case there is a problem that someone might look into??

Thanks Smiley

Been many hours now, and my darksends still haven't gone through.  Yet I know from last time, I'll be charged if I lose connection.  What should I do?

Hmm -- I wonder if the server that pushes DS transactions through is up & running? I believe Evan did this for the DS testing, but not sure if it's up 24/7.

Well, I guess I'm just going to have to eat the fees Sad  There really seems to be something wrong with it though.

You can calculate your daily profit at the private calculator: https://cointweak.com/calculator/coin/drk

Quote
Coin    Difficulty    Coin reward/day    Exchange rate BTC    Exchange rate USD    Revenue/day    Days to create 1 BTC
Darkcoin   476.7400     2.28491832     Cryptsy ฿0.00141435    0.633470267806    ฿52.12462    $1.45    309.44

Very cool, thank you!

BTW, EdgeCoin is coming with client messages attached to transactions, maybe put this on the list to add soon.. or maybe just copy paste their code, when edge is released.
https://bitcointalk.org/index.php?topic=519856.0


Yup, been on our list almost since the beginning Smiley https://www.darkcointalk.org/threads/list-of-future-development-ideas.89/#post-1284

█ ANN THREAD █
﹝Whitepaper﹞
【BLACKBOX OS】
The Future of Work. Decentralized.
TELEGRAM﹞﹝FACEBOOK
TWITTERYOUTUBE
chaeplin
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April 05, 2014, 08:06:18 PM
Last edit: April 05, 2014, 08:19:59 PM by chaeplin
 #12548

You can calculate your daily profit at the private calculator: https://cointweak.com/calculator/coin/drk

Quote
Coin    Difficulty    Coin reward/day    Exchange rate BTC    Exchange rate USD    Revenue/day    Days to create 1 BTC
Darkcoin   476.7400     2.28491832     Cryptsy ฿0.00141435    0.633470267806    ฿52.12462    $1.45    309.44

Is it possible to track the avg diff of the last 24hr + the avg block reward and then autopropose these two values? Because with dynamic diff + block rewards, calculations can be way off with a static value.
Unfortunately I don't keep track of block reward averages, but maybe I can add it to the settings to use average difficulty and write a piece of custom code for Drk to re-calculate block reward based on that. Can't promise anything yet though, will have to look into it.

I have tracked Difficulty.
http://drk.poolhash.org/graph.html

And reward added(1 hour ago).

After 24hr, http://drk.poolhash.org/poolhashrate/blocks/drk24hravgdiff.json will have last 24hr avg diff + reward.



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April 05, 2014, 08:29:53 PM
 #12549



-onetime

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  Semux uses 100% original codebase
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April 05, 2014, 09:08:20 PM
 #12550

When people write about privacy from the block chain, Zerocash always gets mentioned despite not having anything demonstrable out in the open.

Quote
User-controlled Privacy

Privacy is extremely hard to come by on the Internet. Bitcoin itself is not very private right now.

Publication of the owner of a single Bitcoin address can yield an incredible amount of personal financial information, information that cannot be put ‘back in the box’ – it will be available forever, encoded into the blockchain. This is the sort of information that law enforcement agencies would typically need to subpoena a bank for; instead right now we offer it to the entire Internet.

We haven’t yet seen significant involvement from consumer privacy agencies at the Foundation, but I believe they will be horrified when they understand just how much private financial data is being broadcast and permanently recorded.

This information directly impacts citizens living under repressive governments. It could cause physical harm to a woman whose finances are controlled by her pimp or her kidnapper. The knowledge of transactions can be combined with violence to limit any human’s fundamental right to transact economically.

It seems therefore critical that we do everything we can to support efforts that enhance this privacy from global inspection. Technological efforts like trustless sharing and ZeroCoin/ZeroCash have potential to improve the privacy guarantees available to those using Bitcoin.

Not everyone will want this kind of privacy to be available.  In some jurisdictions, concerns over money laundering are brought up as the reason why such privacy should not be available.

I believe that these concerns are real and valid, and pragmatically, that a balance needs to be struck. We don’t yet know exactly how to balance the risks to different parties; on the one hand direct violence, control of individuals and financial risks borne by citizens with hyper-inflationary money supply are real harms being borne by human beings around the world right now. On the other hand there are real and more generalized harms to society that money laundering enables.

Right now, I believe the most reasonable regulatory approach is to encourage anti-money-laundering and know-your-customer rules that can be implemented at the ‘endpoints’, Bitcoin exchanges or money transmittal businesses. These businesses already have clear regulation and operations rules and understand how to identify money laundering, and what to do about it when they see it.

At the same time, we need to do better protecting those who have no other safe way to transact economically, and the Foundation will be providing support for a variety of proposals as a way to let the broader community engage with them and assess what would be useful.

https://bitcoinfoundation.org/blog/?p=679

Being ignored, being considered another alt-coin, or considered a tool for crime and written out of content on purpose is pissing me off.

Time for some organised PR.

EDIT

I am writing a frame for some PR for editors. Who wants to participate in edits, content and sign-off?

The bounty for the press contacts is a separate issue.
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April 05, 2014, 10:05:27 PM
Last edit: April 05, 2014, 10:55:00 PM by drkman
 #12551

MEANWHILE.........
How many people have noticed that the ROI to breakeven on your mining rigs is about 2 years at the current Darkcoin difficulty and price?

Also, +1 to both the idea of the words "Darkpay" and implementing edgecoin's idea of allowing messages on transactions which could be order numbers or invoice numbers which is necessary for business implementations.  The goal needs to be for the public to be able to easily fully transact in Darkcoins and thus have them want to hold and use Darkcoins for their utility.
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April 05, 2014, 11:23:32 PM
 #12552

No offense, but I hate this new popular font style (I can barely recognize most of the symbols) and I really like the original DarkCoin logo.

MEANWHILE.........
How many people have noticed that the ROI to breakeven on your mining rigs is about 2 years at the current Darkcoin difficulty and price?

I did but may be this can dramatically change when those 250-500 Mhps ASIC beasts will start shipping. The little Gridseed thingies are bad enough for GPU mining, but that's just the beginning of the end.
However, I guess not everybody will want to sell their GPUs when KcN Scrypt ASIC arrives and Keccak is very FPGA/ASIC friendly, so I guess DarkCoin and it's clones might get some boost.
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April 05, 2014, 11:32:24 PM
 #12553

3. april 2014 - goin2mars Amount won 32.19458 DRK - txid: ee1e6705d819a9ac05c498105d129001361b8b4ce24dcf4db9e64f187fcf1dd7

This was the last lottery...

Lotteryminning is closing down the pool - we are getting too small, and people seem to only want to mine at the big pools...

The pool will be turned of 22nd of april - Please withdraw your funds.. any funds left on that date will be considered pools property.. and used for happenings at a later date

BUT Smiley

we will return with something completly different, and its going to be awesome...


node-vps.com - Tron / Masternode hosting services
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April 05, 2014, 11:38:23 PM
 #12554

Price going up again, good!:)
http://qoinpro.com/c2219901b266c8504388fe288126fea7 .Have you guys seen this before? It's an automatic faucet that PAYS daily with 4-5 different coins!

BTC
Litecoin
FeatherCoin
FedoraCoin   
InfiniteCoin

Maybe we could ask for adding DarkCoin

Anyway I like the old logo... 

No one cares about your ponzi pyramid scam bro

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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April 06, 2014, 12:11:33 AM
 #12555

my blockchain stopped synchronizing at block 46226.
I'm running v0.9.1.0-unk-beta and have 8 active connections to the network
Anyone else having problems?
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April 06, 2014, 12:25:45 AM
 #12556

my blockchain stopped synchronizing at block 46226.
I'm running v0.9.1.0-unk-beta and have 8 active connections to the network
Anyone else having problems?

Same
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April 06, 2014, 12:30:39 AM
 #12557

my blockchain stopped synchronizing at block 46226.
I'm running v0.9.1.0-unk-beta and have 8 active connections to the network
Anyone else having problems?

Same

Just checked.

Same.
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April 06, 2014, 12:34:49 AM
 #12558

my blockchain stopped synchronizing at block 46226.
I'm running v0.9.1.0-unk-beta and have 8 active connections to the network
Anyone else having problems?

Same

Just checked.

Same.
45226..>> ?  Block Chain hard fork, broken?
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April 06, 2014, 12:39:33 AM
 #12559

shouldn't be, but anything linked to darksend connection testing?
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April 06, 2014, 12:42:34 AM
 #12560

shouldn't be, but anything linked to darksend connection testing?
Maybe, the version on http://darkcoin.io is now the v0.10.0.0-unk-beta. With the "Use DarkSend" checkbox.
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