[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[thelonecrouton]

you can see that the recipient has got it, they can see they've got it from you, everyone else is kept in the dark unless they have access to your wallet or the recipients wallet, in which case you're screwed anyway.

Are you sure???
Can I get a confirmation on this - that sender receiver CAN SEE the transaction details (i.e. from what address it originated)?
If so, imho it has HUGE implications on privacy breach...

I just sent a few DRK from one wallet to another using DS. The sending wallet shows where it has been sent to, but the recieving wallet shows "from unknown." So it's all good.

Obviously you need to keep your own wallet secure, which is why for the love of all that's holy the wallet should be passphrase protected at startup!

[18602981897]

 high end CPUs give an average return similar to that of GPUs. Another side effect of the algorithm is GPUs run at about 30% less wattage than scrypt and 30-50% cooler.

[thelonecrouton]

But Darkcoin is not a scrypt-based.  I highly doubt their asic would work with x11. If asics did come it would definitely drive to block reward down to 5 and probably help the price that way... so it probably wouldnt be that bad tbh.  Even though I love mining x11

It won't work. They made the error of listing Darkcoin as an scrypt coin, which is not.

IMO Darkcoin will need a large number of privately-held ASICs to secure it. We, miners, tend to lose focus of the important thing which is network security, caring only about how our GPU should still mine the X or Y coin.

Darkcoin is not a meme coin, an animal coin, a country shitcoin or whatever the hell coin that nobody cares to attack it. It has a target painted on its back because it threatens the establishment's ability to conduct surveillance on money flows. As such we can bet that the NSA has already X11 ASICs ordered to be ahead of the game. It would be highly unlikely that with their multi-billion $$$ budget they would not have taken such a step.

The question is this: Do we want only NSA to have X11 asics and be able to 51% attack it at any time (or get the bulk of the issued new coins to use them for Darksend nodes), or is it more desirable to have a level playing field?

You can't have a bitcoin-killer that isn't secure or that has a potential security threat due to mismatched level of mining equipment between the adopters and some agency that has orders to destroy the currency, or cast shadows of doubt in its usability.

Ok, I like to mine DRK too with my GPUs but I'd take an ASIC-secured network anyday over me having my GPU to get my 1 DRK vs knowing the NSA has ASICs ready to make my GPU-mined DRKs worthless, along with the entire network.

99% of the coins out there pose no threat to the establishment and as such can toy around with cpus and gpus, knowing that nobody will attack them. Darkcoin doesn't have that kind of luxury. It will need all the hashpower it can get.

Since the NSA budget is effectively limitless,  a few regular Joes having ASICs is going to make no difference. The only way of keeping the network decentralised is currently by having many millions of CPU/GPU miners out there. We can't outspend them, but we do outnumber them.

If someone builds an ASIC for X11, hardfork the code and push out a client update. In fact since we have no direct way of knowing if someone has X11 ASICs, (although the nethash and diff would provide clues) a regular code change and client update would be a good idea.

[Dusty11]

http://www.reddit.com/r/DarkNetMarkets/comments/24cmtz/dark_wallet_is_about_to_make_bitcoin_money/

[Kai Proctor]

http://www.reddit.com/r/DarkNetMarkets/comments/24cmtz/dark_wallet_is_about_to_make_bitcoin_money/

Seems centralized.

[rickraw]

Is there any way we can "invest" in DarkMarket? I'd like to think there will be a big boom in value off the start until people figure out its drawbacks.

[AlexGR]

But Darkcoin is not a scrypt-based.  I highly doubt their asic would work with x11. If asics did come it would definitely drive to block reward down to 5 and probably help the price that way... so it probably wouldnt be that bad tbh.  Even though I love mining x11

It won't work. They made the error of listing Darkcoin as an scrypt coin, which is not.

IMO Darkcoin will need a large number of privately-held ASICs to secure it. We, miners, tend to lose focus of the important thing which is network security, caring only about how our GPU should still mine the X or Y coin.

Darkcoin is not a meme coin, an animal coin, a country shitcoin or whatever the hell coin that nobody cares to attack it. It has a target painted on its back because it threatens the establishment's ability to conduct surveillance on money flows. As such we can bet that the NSA has already X11 ASICs ordered to be ahead of the game. It would be highly unlikely that with their multi-billion $$$ budget they would not have taken such a step.

The question is this: Do we want only NSA to have X11 asics and be able to 51% attack it at any time (or get the bulk of the issued new coins to use them for Darksend nodes), or is it more desirable to have a level playing field?

You can't have a bitcoin-killer that isn't secure or that has a potential security threat due to mismatched level of mining equipment between the adopters and some agency that has orders to destroy the currency, or cast shadows of doubt in its usability.

Ok, I like to mine DRK too with my GPUs but I'd take an ASIC-secured network anyday over me having my GPU to get my 1 DRK vs knowing the NSA has ASICs ready to make my GPU-mined DRKs worthless, along with the entire network.

99% of the coins out there pose no threat to the establishment and as such can toy around with cpus and gpus, knowing that nobody will attack them. Darkcoin doesn't have that kind of luxury. It will need all the hashpower it can get.

Since the NSA budget is effectively limitless,  a few regular Joes having ASICs is going to make no difference. The only way of keeping the network decentralised is currently by having many millions of CPU/GPU miners out there. We can't outspend them, but we do outnumber them.

If someone builds an ASIC for X11, hardfork the code and push out a client update. In fact since we have no direct way of knowing if someone has X11 ASICs, (although the nethash and diff would provide clues) a regular code change and client update would be a good idea.

Indeed they have a huge budget: They can even own BTC right now, if they wanted to, however there is an issue that depends on time. As time progresses, private resources increase and NSA resources have to keep up. There's a threshold when this will become impossible (as far as BTC is concerned) and a 51% will be impossible for NSA as the distributed power will be larger than what they can keep up with. This might be 2-3-5 years down the road.

Something like that can happen for DRK too, if private resources build up over time to exceed NSA resources. By going the GPU route you are toast because you give them an enormous advantage from the get go. UNLESS the algorithm cannot be accelerated that much with ASICs. We'll have to see how that goes.

Remember that anything that is GPU mineable is ASICable. The fork would not save us - it would only allow someone with ASICs to party over the GPU miners.

The only X11 fork that would be acceptable, to me at least, is something that ensures that it works only with a CPU. Like using multiple cpu instruction sets that are not in GPUs or ASICs. But even then Intel could be requested to make special chips for the NSA that are like 30x faster on X11 than common CPUs.

[thelonecrouton]

Is there any way we can "invest" in DarkMarket? I'd like to think there will be a big boom in value off the start until people figure out its drawbacks.

Last I heard they hadn't even released the code or tested it out in the big bad.

Matter of time though before p2p markets start popping up everywhere.

[18602981897]

My GPU like the Minging

[Tweek]

Darkcoin has secured a spot on Cointweaks profitability charts
https://cointweak.com/calculator/index/scrypt

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

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.

Hey, it took me a while (been really busy with all kinds of stuff) but I  finally introduced 24 hour average calculations. As you can see on the Drk calculator page I managed to find a way to adjust the block reward to the average difficulty https://cointweak.com/calculator/coin/drk

Hope this is what you meant. If anyone has any more features they would like to see contact me and I'll see if it will get added.

[AlexGR]

Darkcoin has secured a spot on Cointweaks profitability charts
https://cointweak.com/calculator/index/scrypt

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

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.

Hey, it took me a while (been really busy with all kinds of stuff) but I  finally introduced 24 hour average calculations. As you can see on the Drk calculator page I managed to find a way to adjust the block reward to the average difficulty https://cointweak.com/calculator/coin/drk

Hope this is what you meant. If anyone has any more features they would like to see contact me and I'll see if it will get added.

Nice stuff 

[Simcom]

Seriously though, this is a fantastic solution, I'm relatively certain the logic is sound, and the level of anonymity will be very high. I'll sleep well tonight for sure

Question - When A sends 100 drk to B, does B get it into 10 different addresses, each containing 10 DRK?

Question 2 - If the above TRUE, how will a user ever manage to accumulate 1,000 DRK (e.g. for creating a supernode) into one single address?

The 10 coin cap is temporary, eventually you will be able to darksend larger amounts.  Currently you can just send the 1000 coins without darksend enabled, I think this will always be an option if someone doesn't want to use darksend they don't have to.

[KlimBo_BG]

What is going on with the official pool (www.drkpool.com)? My DRKs disappeared after more than one month without any activity (login).

[AlexGR]

What is going on with the official pool (www.drkpool.com)? My DRKs disappeared after more than one month without any activity (login).

Send a pm to evan (eduffield) to check it out.

[ptshamrock]

300 DRK for that person that can set me up with a full tutorial on how to create a DRK masternode on a Debian 7 x64 machine !

A working one. And also what has to be done in the future.

I simply cannot get it working..my knowledge of linux is so limited

I can only buy a VPS and SSH in 

[Lauda]

My GPU like the Minging

Well obviously this algorithm is better for GPUs as you can run them a little bit cooler than on scrypt.

[KlimBo_BG]

What is going on with the official pool (www.drkpool.com)? My DRKs disappeared after more than one month without any activity (login).

Send a pm to evan (eduffield) to check it out.

Thanks

[GhostPlayer]

 This is a message from Coinmine.pw's Admin

" 2014-04-30 : iCoin, ECCoin and WhiteCoin will be removed from CoinMine 07 / 04(April) / 2014. "

 By the way... good lord !! is KnC finally ready to deploy!? Or fibb ? Or flower tech? Or new gridseeds?

 This graph scares me to death, how it grows daily....

 https://bitcoinwisdom.com/litecoin/difficulty

[lovecoin99]

dost the coin has pos plan?

[Jungian]

dost the coin has pos plan?

No, it does not.