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

[Ozziecoin]

Can anyone provide an accurate mining calculator for DRK?

Calculator will say: highly unprofitable right now but in longer term, you might make some money.

Thanks for confirmation. So I will mine shitcoins and insta-trade them for DRK

yeah, I read on reddit someone was mining another coin and trading for darks, which gave him 3x the darks. Can't remember which coin but probably has changed since.

[1714722630]

1714722630

[1714722630]

1714722630

[hashnine]

Something tells me, quite soon, we'll be looking back at 6-8 DRK per day as "the glory days"...

My single 7850 gave me 2 DRK a day 2 months ago.

That were some glory weeks  

3 months ago my i5 gave me 50 DRK per day  

 

I hardly believe that. Forgot it was already june. At the beginning of march 1 MH/s was averaging 1,3 DRK/day

So maybe in february, it was 3 or 4 weeks before the GPU miner release.

[illodin]

Evan's reply.

https://bitcointalk.org/index.php?topic=627349.msg7073643#msg7073643

Thanks for the questions. It does seem like you're missing something. Although, it might not be your fault. The whitepaper is definitely out of date. We've done a lot of work at tweaking the trust model so that it can't be exploited. I'll try to explain how it works briefly, then hopefully if I get time I can revisit the whitepaper soon.

- Masternodes don't have any power over the transactions. They just coordinate the signing. All parties must sign in order for the transaction to be valid. So there's no way to cheat and take the money.
- Users submit collateral. At a later phase if a user doesn't provide the signature as agreed, the transaction will fail. Without colateral this could be done over and over bringing the system to a halt.
- Masternodes have the ability to take the collateral transaction if they wish, but it's paid to the bounty fund. So it doesn't benefit them, it just benefits the community. This removed the incentive to cheat and take the money.

There's no relying on pools at all anymore. Payments to masternodes are done with a voting system embedded into the blockchain. It would take 51% of the mining power to pay the wrong masternode, or another party (because the last few miners to solve blocks must agree on who should be paid)

Transaction currently require 3 parties to be created, so there's a short wait. There are no fake transactions to make that quicker, although this could be done. There's usually 5 or so transaction per 2.5 minutes, so the network should be able to function pretty efficiently under these requirements.

Hoping that helps . Thanks,

Evan

I bet XC dev is taking notes.

[zombie6]

DRK a clear 3rd now on marketcap 

[rlm42]

This is what's gonna happen..

[Joshuar]

Evan's reply.

https://bitcointalk.org/index.php?topic=627349.msg7073643#msg7073643

Thanks for the questions. It does seem like you're missing something. Although, it might not be your fault. The whitepaper is definitely out of date. We've done a lot of work at tweaking the trust model so that it can't be exploited. I'll try to explain how it works briefly, then hopefully if I get time I can revisit the whitepaper soon.

- Masternodes don't have any power over the transactions. They just coordinate the signing. All parties must sign in order for the transaction to be valid. So there's no way to cheat and take the money.
- Users submit collateral. At a later phase if a user doesn't provide the signature as agreed, the transaction will fail. Without colateral this could be done over and over bringing the system to a halt.
- Masternodes have the ability to take the collateral transaction if they wish, but it's paid to the bounty fund. So it doesn't benefit them, it just benefits the community. This removed the incentive to cheat and take the money.

There's no relying on pools at all anymore. Payments to masternodes are done with a voting system embedded into the blockchain. It would take 51% of the mining power to pay the wrong masternode, or another party (because the last few miners to solve blocks must agree on who should be paid)

Transaction currently require 3 parties to be created, so there's a short wait. There are no fake transactions to make that quicker, although this could be done. There's usually 5 or so transaction per 2.5 minutes, so the network should be able to function pretty efficiently under these requirements.

Hoping that helps . Thanks,

Evan

I bet XC dev is taking notes.

I loled. 

[raganius]

This is what's gonna happen..

Impressive! I wish I also had a crystal ball ;p

[toknormal]

I hope you people talking up this bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to no be seen as negative news and trigger a good old dump.

Just saying'. Watch what you talk up.
 

[rlm42]

This is what's gonna happen..

Impressive! I wish I also had a crystal ball ;p

That is just from experience and past mistakes lol

[raganius]

I hope you people talking up the bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to trigger a good old dump.

Just saying'. Watch what you talk up.
 

I wouldn't complain if we had a little dump now, as I really want to buy more DRKs.

[blackshibe]

It has to blast through the 22 now, otherwise we have a "problem".

[Kai Proctor]

I hope you people talking up the bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to trigger a good old dump.

Just saying'. Watch what you talk up.
 

That's pessimistic and I don't see why a correction was due. Never know with Darkcoin.

[zombie6]

It has to blast through the 22 now, otherwise we have a "problem".

there you go lol

[tibolt]

what is that panic buy 

[organizer]

This is what's gonna happen..

HOLY CRAP!? ARE YOU SURE.

If what you are saying is true, i'm terrified... is this really the end of grid lines in charts?

[Kai Proctor]

It has to blast through the 22 now, otherwise we have a "problem".

there you go lol

0.02250000 on Mintpal... Nice !

[rlm42]

This is what's gonna happen..

HOLY CRAP!? ARE YOU SURE.

If what you are saying is true, i'm terrified... is this really the end of grid lines in charts?

No can't be sure but that was my prediction thought I would test my chart analysis.. so far is holding true. Don't panic sell over that make you're own call

[Kai Proctor]

No can't be sure but that was my prediction thought I would test my chart analysis.. so far is holding true. Don't panic sell over that make you're own call

Chart analysis with Paint ?

[rlm42]

No can't be sure but that was my prediction thought I would test my chart analysis.. so far is holding true. Don't panic sell over that make you're own call

Chart analysis with Paint ?

LOL that's how the pro's do it mate 

[zombie6]

This is what's gonna happen..

uhm, this is darkcoin.