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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722497 times)
illodin
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May 31, 2014, 08:09:47 AM
 #32081

it's just an idea only.
can all valid MNs be paid for every found block?
Tx will go through random one but all MN will get paid in the same way.
Ex: 5 coins / 400MN = 0.0125 drk for every MN which is in service
Thnx that its fair enough don't you think?

Maybe, but it would probably require a lot of changes to the protocol. Remember, Bitcoin is set up to pay the full block reward to just one node. Judging by the time it has taken to code up and test MN payments -- getting that reward fairly spilt over 2 nodes is a challenge. Now trying to further split that over hundreds of nodes... may be more trouble than it is worth.

Evan seems to have the problem with the current method sniffed out, anyway. I am not sure if going back to the drawing board is necessary at this stage.

And wouldn't this cause the blockchain to explode in size?
And not to mention the masternode wallets, thousands of miniscule incoming transactions.
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Ignition75
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May 31, 2014, 08:12:13 AM
 #32082

http://www.coindesk.com/darkcoin-duel-xc-demise-mcdogecoin/

LoL! It reads like a Marvel Comic...

The new generation have arrived and they brought their own currency...
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May 31, 2014, 08:19:28 AM
 #32083

it's just an idea only.
can all valid MNs be paid for every found block?
Tx will go through random one but all MN will get paid in the same way.
Ex: 5 coins / 400MN = 0.0125 drk for every MN which is in service
Thnx that its fair enough don't you think?
EDIT. block is 5drk. payments 10% so per MN = 0.00125drk

Maybe, but it would probably require a lot of changes to the protocol. Remember, Bitcoin is set up to pay the full block reward to just one node. Judging by the time it has taken to code up and test MN payments -- getting that reward fairly spilt over 2 nodes is a challenge. Now trying to further split that over hundreds of nodes... may be more trouble than it is worth.

Evan seems to have the problem with the current method sniffed out, anyway. I am not sure if going back to the drawing board is nejcessary at this stage.
it was just idea. If it requires a lot of changing in protocol its better not to touch it and improve existing method.

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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May 31, 2014, 08:51:05 AM
 #32084

DRK/USD market now showing up on Crypsty...of course no fiat markets are available yet but this is very bullish...NICE!!!!

Yet another affirmation that DRK, with its HUGE first mover anon advantage, is assuming its rightful place at the top of the list!

After a rough start, some very positive things coming out of Darkworld this week:
  • Bitfinex (not yet confirmed)
  • masternode fix incoming
  • Amir Taaki of Darkwallet reveals himself as a DRK supporter
  • Max Keiser joins the DRK side
  • Cryptsy adds DRK/USD
  • Continued media attention

The recent masternode fork issue will soon look like a mere hiccup and be remembered as nothing more than a great buying opportunity.


Wow that's an amazing list of news for just 1 week. We have firmly solidified ourselves in the top 3 core currencies.
whazzledazzle
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May 31, 2014, 09:01:01 AM
 #32085

is there any news on the Bitfinex front yet?

Official response from Bitfinex here, at the end:

http://www.reddit.com/r/Bitcoin/comments/26uhkp/warning_bitfinex_is_bugged/chusmc1


"Rumors on DRK are just rumors, there is nothing to say at this point."

vs.

"Rumors on DRK are just rumors, we are not adding DRK at this point."
"Rumors on DRK are just rumors, there are no plans to add any additional coins at this point."
"Rumors on DRK are just rumors, lol no."
"DRK?"

Personally, I think they are preparing for the possibility that DRK triples from here and becomes a serious alternative to LTC.  I doubt they will begin trading the coin until they are confident the network is stable and operational as advertised, meaning July'ish if things go according to plan.  I don't think BFX come in early to lead us up, but if we get just a bit further they might take us over the top to blow past LTC.

It would probably be a very irresponsible business decision to support a coin that hasn't proved itself as a stable third place.  We're getting there but I mean just look at the chart for the last week, we're not there yet.
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May 31, 2014, 09:27:26 AM
 #32086

Thinking the next run at .02 will "stick"

As always, please consult your financial adviser before making any investment decisions.
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May 31, 2014, 09:54:15 AM
 #32087

DRK/USD market now showing up on Crypsty...of course no fiat markets are available yet but this is very bullish...NICE!!!!

Yet another affirmation that DRK, with its HUGE first mover anon advantage, is assuming its rightful place at the top of the list!

After a rough start, some very positive things coming out of Darkworld this week:
  • Bitfinex (not yet confirmed)
  • masternode fix incoming
  • Amir Taaki of Darkwallet reveals himself as a DRK supporter
  • Max Keiser joins the DRK side
  • Cryptsy adds DRK/USD
[/b]
  • Continued media attention

The recent masternode fork issue will soon look like a mere hiccup and be remembered as nothing more than a great buying opportunity.


Source?

Why does cryptsy keep falling off the radar....are they making big upgrades that are causing teething problems?
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May 31, 2014, 09:58:34 AM
 #32088

is there any news on the Bitfinex front yet?

Official response from Bitfinex here, at the end:

http://www.reddit.com/r/Bitcoin/comments/26uhkp/warning_bitfinex_is_bugged/chusmc1


"Rumors on DRK are just rumors, there is nothing to say at this point."

vs.

"Rumors on DRK are just rumors, we are not adding DRK at this point."
"Rumors on DRK are just rumors, there are no plans to add any additional coins at this point."
"Rumors on DRK are just rumors, lol no."
"DRK?"

+101

They wouldn't go through the process of putting it on their web site and scoping out the layout against live BTC and LTC products if there was no intention on adding it.
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May 31, 2014, 10:00:46 AM
 #32089


Yep, its there



We are going to have a blast
coins101
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May 31, 2014, 10:08:00 AM
 #32090

The DRK China trade volume has been creeping up recently.  Once they get going, that marketing will be rocking. LTC seems to be mainly traded in China.

BTER   DRK/CNY   $ 296,358   $ 11.91   7.95 %


coins101
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May 31, 2014, 10:18:02 AM
 #32091

someone posted June.

But the main criteria, other than technical integration, would be getting a licence to trade fiat.
TanteStefana2
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May 31, 2014, 10:24:15 AM
 #32092

Thinking the next run at .02 will "stick"

As always, please consult your financial adviser before making any investment decisions.

I thought you were our financial adviser?  LOL

Another proud lifetime Dash Foundation member Smiley My TanteStefana account was hacked, Beware trading
"You'll never reach your destination if you stop to throw stones at every dog that barks."
Sir Winston Churchill  BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
Standhaft
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May 31, 2014, 10:41:35 AM
 #32093

someone posted June.

But the main criteria, other than technical integration, would be getting a licence to trade fiat.

They are probably far progressed in that process to get the license. Elsewise, why would they waste money and resosurces to set up the site

DRK - Xi9PB8XXN9Gn4HFG7NtzsXNiBQC4jdFvnH
Macno
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May 31, 2014, 10:45:11 AM
 #32094

Hi,

is something like this "stealth adress" concept possible with DRK as well? I asked that hundreds of pages ago, but I think it was not answered.

"Stealth addresses strike a good balance – all the transactions are still on the blockchain to be seen, but the link between an address and an individual is obfuscated. One thing that not many people seem to consider when talking about anonymity systems in cryptocurrencies is that true anonymous payments make all the blockchain tools you’re used to useless.

Stealth addresses increase privacy for a recipient by allowing you to publish a stealth address, which is like a seed which the sender then uses to generate a unique one-use Vertcoin address for the transaction. All the transactions remain public on the blockchain, but knowing the entire transactional history of your stealth address is now no-longer possible except for you, the holder of the secret key.
"

Source: http://blog.vertcoin.org/?p=27
JGCMiner
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May 31, 2014, 10:45:48 AM
 #32095

someone posted June.

But the main criteria, other than technical integration, would be getting a licence to trade fiat.



Says June on their website.  Whether they deliver or not is another question. Wink
hyeoam
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May 31, 2014, 10:46:38 AM
 #32096

Charts here: http://crypto-prices.com/DRK

Donate BTC: 1NRG17fYCNcfQvQHC3G9TUAowNKsM4oTWA
Standhaft
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May 31, 2014, 10:46:42 AM
 #32097

Hi,

is something like this "stealth adress" concept possible with DRK as well? I asked that hundreds of pages ago, but I think it was not answered.

"Stealth addresses strike a good balance – all the transactions are still on the blockchain to be seen, but the link between an address and an individual is obfuscated. One thing that not many people seem to consider when talking about anonymity systems in cryptocurrencies is that true anonymous payments make all the blockchain tools you’re used to useless.

Stealth addresses increase privacy for a recipient by allowing you to publish a stealth address, which is like a seed which the sender then uses to generate a unique one-use Vertcoin address for the transaction. All the transactions remain public on the blockchain, but knowing the entire transactional history of your stealth address is now no-longer possible except for you, the holder of the secret key.
"

Source: http://blog.vertcoin.org/?p=27

DarkSend is much more superior to stealth adresses.

DRK - Xi9PB8XXN9Gn4HFG7NtzsXNiBQC4jdFvnH
Macno
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May 31, 2014, 10:49:23 AM
 #32098

DarkSend is much more superior to stealth adresses.

Yes, in the sense that it is more anonymous. I get that. But wouldn`t it be nice to "scale" your anonimity just like you want it? "Stealth adress" sounds like a compromise. With DRK you can send transactions either completely open or completely anonymously (=darksend), but no "in between" like those "stealth adresses", right?
Standhaft
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May 31, 2014, 10:55:16 AM
 #32099

DarkSend is much more superior to stealth adresses.

Yes, in the sense that it is more anonymous. I get that. But wouldn`t it be nice to "scale" your anonimity just like you want it? "Stealth adress" sounds like a compromise. With DRK you can send transactions either completely open or completely anonymously (=darksend), but no "in between" like those "stealth adresses", right?

But what is the point of stealth adresses? Why would you publish it? If a merchant wants to scam you, they will do it with or without proof. A serious merchant will give you a one-time adress where you send the payment to. When the payment has arrived, the merchant is notified. If you need proof, you don't use darksend, if you don't need proof, you use darksend.

Also it's pretty easy to create two adresses, darksend the coins to second one and then send the coins to the merchant if you need to.

I can't really see the point of stealth adresses.

DRK - Xi9PB8XXN9Gn4HFG7NtzsXNiBQC4jdFvnH
aleix
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May 31, 2014, 10:56:54 AM
 #32100

DarkSend is much more superior to stealth adresses.

Yes, in the sense that it is more anonymous. I get that. But wouldn`t it be nice to "scale" your anonimity just like you want it? "Stealth adress" sounds like a compromise. With DRK you can send transactions either completely open or completely anonymously (=darksend), but no "in between" like those "stealth adresses", right?

Let people of Vertcoin implement this, we are in another league  Cool
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