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

[miningpoolhub]

Is there anyone having this problem?

darkcoind getblocktemplate
error: {"code":-1,"message":"CreateNewBlock() : ConnectBlock failed"}

I compiled from the latest github source, connected to testnet, but have no success on this command.
I even deleted testnet3 directory and rebooted but not working as expected.

getmininginfo
{
    "blocks" : 4601,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.08607635,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 2751552,
    "pooledtx" : 0,
    "testnet" : true
}

this getmininginfo command seems alright.

getconnectioncount
4

Gosh, I'm not sure what getblocktemplate does?  But just a note, if you compile the code yourself, it will be without DarkSend, as that's still closed source.  All it has is the code required to elect and pay the masternodes, I believe.  Anyway, not knowing what getblocktemplate does, I thought maybe this is the reason???

I got it working by adding other working node. The testnet seednode didn't seem to work at that time.
It is working now. Thanks.

[rickraw]

+1

But people should panic sell right now so I can buy some more! Thanks  

People definitely are...

[Propulsion]

http://darkcoin.io/ is down =( also drkpool is down, what happen???

I noticed also, just as I'm updating my masternodes.

I suspect a DDOS attack.

Two pools for you to use.

p2pool.darkcointalk.org 1% Fee with 10% going to a Darkcoin Foundation

mining.darkcointalk.org 0% Fees

Plus it's helping support the community by mining there!

[LimLims]

Someone was asking for a screenshot of my 750ti cards mining X11, so here it is:

[Joshuar]

+1

But people should panic sell right now so I can buy some more! Thanks  

People definitely are...

I'm also buying now.

[GhostPlayer]

+1

But people should panic sell right now so I can buy some more! Thanks  

People definitely are...

 AWESOME !! makes it look like a regular p&d !! Whales will love it a take the bite again

[mattmct]

http://darkcoin.io/ is down =( also drkpool is down, what happen???

I noticed also, just as I'm updating my masternodes.

I suspect a DDOS attack.

Two pools for you to use.

p2pool.darkcointalk.org 1% Fee with 10% going to a Darkcoin Foundation

mining.darkcointalk.org 0% Fees

Plus it's helping support the community by mining there!

Cheers, but I run and use my own p2pool. 0.5% fee. http://x11p2p.com:7903/

I'm in no rush to update my masternodes now that the date is 25th.

[TanteStefana]

guys,What is the next step in the programme?

coding so that any amount of DRK can be DarkSent, and I believe Evan has some sort of improvement to announce??  

Then, I believe, we will get a trusted "white hat" to look over the code and attempt to hack it, "vetting the code"

Then eventually open source.  I'm not sure if I missed a step or two though?

[GhostPlayer]

 ok ok ok ... I'll call A.A. to vet the code... 

[TanteStefana]

we'll reach minimum block reward sooner / the total number of coins will bottom out....

My only concern is that this behavior will result in the DRK network never having the momentus hashrate that makes other blockchains untouchable.

One 3TH/s ASIC would rape the whole network instantly. I'm not saying that X11 = SHA256 Double Round. But that ASICs are inevitable with anything that catches on enough to have value. We all hope it catches on simply because it's a good idea. But the value that comes with it will drive ASICs into X11. DGW3 certainly discourages it as the network hashrate is already reaching minimum with a few dozen GPU rigs... But it might be stifling it so much that the network will never have appreciable hash defense.

If say, guvthugs decided to build just one "X11 Neptune" of their own, DRK breaks. None of this "buying masternodes" crap arguments. They really could buy all the hashpower they need without touching a GPU or the markets simply by building one custom ASIC. Dev cost on that is a few million bucks in bureaucracy free-to-them taxed money.

This is why ASICs are actually a good thing for a coin. If you don't let your coin become an ASIC coin, then it takes one fat wallet to make one for themselves and your coin is borked. If your coin isn't using them, then it becomes a nuke they can drop on it.

My hope is that DGW3+X11=ASICs still happen, but the reward is low enough that the ASIC's price will have to be sensible enough that anyone can buy it, thus avoiding centralization. But, that doesn't seem to be what is happening. If a coin stays GPU/CPU mine-able, then a clandestine FPG or ASIC becomes a cheap (in the eyes of it's creator who has way deep pockets) saboteur. You MUST let your coin escalate into ASICs or it's doomed by anyone who can afford to make The Bomb.

I understand what you're saying, but once the difficulty is high enough to lower payments to 5 coins, it stops lowering.  So hopefully there is enough reward left to fight over and the hash will still be healthy.  I mean, people are still hashing now, and the coin hasn't really even begun to rise to the price I expect it to.??

[rickraw]

Also gives me more time (and potentially a bit lower price) to finish buying DRK to make up enough to start a masternode.  Even a couple DRK per day at a couple dollars per DRK is great investment!

[btc-mike]

The four major pools have OVER 93% of the hash rate. That is not healthy. Spread your hash folks!

Darkcointalk pool currently has 0% fees !!

After I posted this I found account verification emails were not going out. Account verification has been turned off.

With drkpool down, over 86% of hash is controlled by just three pools. Check here -> http://drk.poolhash.org/poolhash.html

DECENTRALIZE YOUR MINING !

[Lauda]

+1
But people should panic sell right now so I can buy some more! Thanks  

People definitely are...

 AWESOME !! makes it look like a regular p&d !! Whales will love it a take the bite again

That would be good for you, me and a few persons, but not overall. With the price going down, many weak hands start shaking and crashing the market.

[coins101]

+1
But people should panic sell right now so I can buy some more! Thanks  

People definitely are...

 AWESOME !! makes it look like a regular p&d !! Whales will love it a take the bite again

That would be good for you, me and a few persons, but not overall. With the price going down, many weak hands start shaking and crashing the market.

Where are the trolls when you actually want them? 

[watuba]

The masternode payment fork has been postponed until May 25th due to
some issues on testnet over the last couple of weeks. A few issues
have cropped up and we want the code to be more thoroughly vetted
before turning it on for mainnet. This is expected to take less than a
week, but to ensure we have enough time we've chosen May 25th.

https://darkcointalk.org/threads/postponing-masternode-payments-till-may-25th.578/#post-3427

Does this mean that the blockchain will be completely fogged using the masternodes still starting Wednesday?  Or only on the 25th?  Thanks Evan.

[eduffield]

http://darkcoin.io/ is down =( also drkpool is down, what happen???

I noticed also, just as I'm updating my masternodes.

I suspect a DDOS attack.

Two pools for you to use.

p2pool.darkcointalk.org 1% Fee with 10% going to a Darkcoin Foundation

mining.darkcointalk.org 0% Fees

Plus it's helping support the community by mining there!

Cheers, but I run and use my own p2pool. 0.5% fee. http://x11p2p.com:7903/

I'm in no rush to update my masternodes now that the date is 25th.

Actually if you don't update you'll be on the wrong fork!

[TanteStefana]

Reaching the minimum block reward is actually a good thing for mining profitability. Previously, block reward drops as diff increases, which effectively compounds the reduction in profitability. Once the block reward becomes static, it will be easier for the price to keep up with network hashrate.

^^^ That's what I was thinking, but couldn't put it into words, thanks LimLims

[Macno]

I can`t believe people are selling ten thousands of DRK just because of the delay. Unreal.

[TanteStefana]

The next stage of DarkSend

What type of return will you see?

- If there’s 1 capable master node, you’ll receive all payments 576*(AverageReward/10) per day

Capable Nodes, Daily Reward
1, 1094DRK
2, 547DKR
5, 218DRK
10, 109DRK
20, 54DRK
50, 21DRK
100, 11DRK

As you can see, we’ll quickly reach equilibrium with the price and at the same time this will create buying pressure raising the price more and causing the network to become increasingly secure.

Also, we can build our master node network now in the immediate. Users can buy the darkcoin needed to run one and they will just run the beta client. We'll open source the election code and hard fork to add the payments to master nodes in and our network will be secure by the time we're ready to do a full launch.

I really love the idea, thoughts?

As it currently stands with price and difficulty, master nodes should yield the most profitable rewards. For the price of a small rig, you can buy some DRK and get the same output as someone with ~50 - 100 mh/s.

The rate goes down with more nodes, but it's still a great investment at the moment. For the amount of capital, you are probably looking at a better return than an average rental property because the set-up costs are so much lower.

Actually, with minimum rewards now, it's more like

1, 288
100, 2.88
200, 1.44
1000, 0.288

ETC... Depending on how many Masternodes are created, it won't be much of a cash cow.

[chaeplin]

24hr avg diff is 1468.024, 24hr avg reward is 10.613
http://drk.poolhash.org/graph.html
http://drk.poolhash.org/24hrdiff.html

576 * 10.613 /10 = 611.3088

1NM -> 611
10NM -> 61.1
100NM -> 6.11
140NM -> 4.337
200NM -> 3.056
300NM -> 2.037