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

[Coinasaur]

Should change the title of thread. DRK doesnt have working anon. So after today is is definitely NOT the first anon coin

[1715189841]

1715189841

[1715189841]

1715189841

[Minotaur26]

Should change the title of thread. DRK doesnt have working anon. So after today is is definitely NOT the first anon coin

You seem to  be very unaware of the anonymity market segment. Darkcoin has had working anonymity for months now, you can Darksend coins right now with a 10drk limit at the moment. We are actually working on other aspects of our coin that make it all around better, like the masternode payment activation that will go live soon and RC4 that comes with true anonymity enhancements late July .  

Also, if anybody could make that claim it would probably be Bytecoin but they were a pretty closed project and didn’t go public before Darkcoin so I think our claim stands.  Good luck with your project though it is nice to see Darkcoin catalysing the market and inspiring other projects.

[luigi1111]

Should change the title of thread. DRK doesnt have working anon. So after today is is definitely NOT the first anon coin

Oh really? Do explain.

[roede94105]

Should change the title of thread. DRK doesnt have working anon. So after today is is definitely NOT the first anon coin

shoo shoo

[naxin]

XMR is a valid competition. Blockchain bloat is not a valid cause of concern to the investor types.

Why the bloat wouldn't concern investors?

I can buy a 1 terrabyte hard drive for $40. Storage is cheap. Moreover, what percent of users actually even have a copy of the blockchain? I'd imagine the majority are using blockchain.info/electrum/coinbase/etc. so storage isn't a concern at all for them.

The bitcoin blockchain currently is roughly 19 gigabytes. So if it got to be at bitcoins current state, there would have to be 5200% bloat before it would fill up a $40 hard drive.

So to me, blockchain size is virtually irrelevant, unless we're talking about something astronomically bigger than a coin which has > 40 million transactions and is 5 years old.

This also completely ignores the concept of pruning old transactions, which can be done if need be.

tl;dr: I get that this is the darkcoin thread (which is the only altcoin I own _any_ of btw.), but let's not spread false FUD about other coins, we should be above that.

[Minotaur26]

XMR is a valid competition. Blockchain bloat is not a valid cause of concern to the investor types.

Why the bloat wouldn't concern investors?

I can buy a 1 terrabyte hard drive for $40. Storage is cheap. Moreover, what percent of users actually even have a copy of the blockchain? I'd imagine the majority are using blockchain.info/electrum/coinbase/etc. so storage isn't a concern at all for them.

The bitcoin blockchain currently is roughly 19 gigabytes. So if it got to be at bitcoins current state, there would have to be 5200% bloat before it would fill up a $40 hard drive.

So to me, blockchain size is virtually irrelevant, unless we're talking about something astronomically bigger than a coin which has > 40 million transactions and is 5 years old.

This also completely ignores the concept of pruning old transactions, which can be done if need be.

tl;dr: I get that this is the darkcoin thread (which is the only altcoin I own _any_ of btw.), but let's not spread false FUD about other coins, we should be above that.

The bloating issue of ring signatures is real, pointing out a problem in a competitors model is not FUD if its real. You are minimizing the issue but are not providing backup information about the Cryptonote bloating issue because they dont even know yet either exactly how they are going to handle it, is new technology it may prove to be a non issue like you are saying or it may prove to be a big issue, we will see but it is definitely not FUD.

[illodin]

This also completely ignores the concept of pruning old transactions, which can be done if need be.

Is there a consensus that pruning is actually possible and doable?

[Kai Proctor]

Speaking about the competition (a lot) gives it importance.

[slapper]

I am a troll.

Oh really? Do explain.

Dear Trolls you really don't get it. When you are not here price drops, when you are here we are on the rise and keep rising. We welcome you. Please spread more FUD. Try at least:

- instamine (very popular for beginning Trolls)
- the fork two weeks ago (for medium expert Trolls)
- dark coin isn't anonymous at all (for experienced Trolls)

Good luck may the best Troll win. The winner gets to hold an enormous amount of some shit pump and dump coin, you know those best. It is where you normally live when Dark Coin is not rising.

Again best of luck let the FUD begin we will rate you for most creative Troll!

We need further categories !

[slapper]

Speaking about the competition (a lot) gives it importance.

Well that goes hand in hand with complacence and arrogance that there simply isn't any other option out there  Granted 99% is shit, but like naxin said, please be above "that"

[toknormal]

So that was you...
Is that 81 BTC wall @ 0.01755011 yours too?

LoL.

No. Unfortunately that could not possibly be me

The problem I have with this coin is that every time I check out, new stuff starts happening.

For example, I just wrote a post earlier about how it's in demand for a technical property as opposed to network effect. Then no sooner had I posted that than fiat gateways start popping up all over the place which is exactly the kind of network effect I was talking about and that represents "putting down roots" into the wider "crypto sphere".
 
Also, Minotaur's post made me realise I'd mixed up RC3 and RC4. I thought RC3 was the improved anonymity version and therefore was probably already priced in. Whereas it's actually just the master node payments going live, so that means the improved anonymity stuff actually isn't priced in and there's still a lot of development on the horizon.

So I thought, f*ck it. If the price goes south at some point I'll just have to trade my way around it for loss mitigation, but I'd actually like to be invested in this long term because there isn't anything I don't like about it and I think the devs go about things in a very professional way. It's not just about the trading.

That's another thing - now that this project is getting big, the dev team is getting bigger as well. So it's just going to continue pulling away from everything else:

 - more fiat gateways
 - bigger and more consolidated dev team
 - starting to get a profile *outside* of the crypto sphere
 - roadmap that keeps giving

One of the things that doesn't really bother me is all the sniping about different technical approaches to anonymity and whether something is "totally anonymous" or not.

That isn't ever going to matter when it comes to market dominance because what's important is that transactions have a practical level of anonymity. The more "bullet proof" the better  of course, but people are always going to shoot holes in every technical solution that anyone comes up with.

Another thing I like is the master nodes approach.

I work as a software developer for a living. I can see what's going on here. You come up with a new idea, you implement it, then you hone it and hone it till nobody does it better than you and understand everything going on in that piece of technology. Whatever the merits of the 'master node' approach, it will now be "owned" by dark coin. They came up with it, it is an original idea and it will be perfected by dark coin.

That is quite something I think.

[naxin]

This also completely ignores the concept of pruning old transactions, which can be done if need be.

Is there a consensus that pruning is actually possible and doable?

Yes. Transactions which have had all outputs spent and have had ? transactions past them are no longer needed to be stored.

Speaking about the competition (a lot) gives it importance.

If that is the attitude darkcoin wants to have, we might as well give up now. In general, pretending competition doesn't exist results in one thing, and one thing only. Absolute failure.

[illodin]

This also completely ignores the concept of pruning old transactions, which can be done if need be.

Is there a consensus that pruning is actually possible and doable?

Yes. Transactions which have had all outputs spent and have had ? transactions past them are no longer needed to be stored.

And you can apply this to cryptonote blockchain as well? Just making sure we were talking about the same thing.

[naxin]

This also completely ignores the concept of pruning old transactions, which can be done if need be.

Is there a consensus that pruning is actually possible and doable?

Yes. Transactions which have had all outputs spent and have had ? transactions past them are no longer needed to be stored.

And you can apply this to cryptonote blockchain as well? Just making sure we were talking about the same thing.

I don't specifically know enough about it to be sure, however in an extreme hypothetical where cryptonote became the dominant cryptocurrency, beating out even bitcoin, if it was to become an issue, there would be a solution. There are very few unsolvable problems out there, just a lot of problems that don't have enough benefit to get enough smart people working on a solution to solve them.

For me, the fact that all the infrastructure, coding, and development for bitcoin and related currencies is entirely incompatible with it makes cryptonote a nonstarter for me anyway though. So in my mind blockchain bloat is just FUD, because that is a problem that could be solved by one person (if it was a problem.) Brand new integration with hundreds of services, etc, takes coordination of many, and that is a flaw, not FUD.

[Kai Proctor]

This also completely ignores the concept of pruning old transactions, which can be done if need be.

Is there a consensus that pruning is actually possible and doable?

Yes. Transactions which have had all outputs spent and have had ? transactions past them are no longer needed to be stored.

Speaking about the competition (a lot) gives it importance.

If that is the attitude darkcoin wants to have, we might as well give up now. In general, pretending competition doesn't exist results in one thing, and one thing only. Absolute failure.

That's not the attitude of Darkcoin, that's my opinion. And when I say "speaking" read "criticizing" don't twist it.

[Icebucket]

We have a 4h 21MA and 50MA cross on the charts, from a TA perspective that signals the beginning of a uptrend,  In my book atleast.
I suspect a break out above 0.0183 is coming up. 

[toknormal]

We have a 4h 21MA and 50MA cross on the charts, from a TA perspective that signals the beginning of a uptrend,  In my book atleast.
I suspect a break out above 0.0183 is coming up. 

Have a look at the twelve hour MACD. (Settings --> Indicator --> MACD)

[Icebucket]

This also completely ignores the concept of pruning old transactions, which can be done if need be.

Is there a consensus that pruning is actually possible and doable?

Yes. Transactions which have had all outputs spent and have had ? transactions past them are no longer needed to be stored.

Speaking about the competition (a lot) gives it importance.

If that is the attitude darkcoin wants to have, we might as well give up now. In general, pretending competition doesn't exist results in one thing, and one thing only. Absolute failure.

That's not the attitude of Darkcoin, that's my opinion. And when I say "speaking" read "criticizing" don't twist it.

Im with you on that, reading about xyz coin on the darkcoin thread is getting really annoying, can we please just focus, its really great that all the other coins are doing this and that .. there has been a whole lot of discussion about every anon coin out there, but really ? Why post it here, Isint it enough already. If I would want to check it out I would go to theyr thread to read up on it.

[Icebucket]

We have a 4h 21MA and 50MA cross on the charts, from a TA perspective that signals the beginning of a uptrend,  In my book atleast.
I suspect a break out above 0.0183 is coming up.  

Have a look at the twelve hour MACD. (Settings --> Indicator --> MACD)

yes Im familiar with MACD, what about it? looks fine to me
Edit: accually really good. sort of underlines the 4hr cross

[toknormal]

Edit: accually really good. sort of underlines the 4hr cross

That was it 

Actually, I think your EMA cross was just a bounce of the 13 support. It was about to cross back down when E. Duffield posted an announcement that RC3 wa getting launched on 20th July and wotnot. You can see on that EMA that the short signal just reverses direction at that point and goes back up. It was otherwise going to plummet through the signal line and probably end up around 14 or 15 (or go straight to 09  ).

It's a carbon copy of the "Bitfinex moment". It was also about to head down for a cross when people started posting about Bitfinex - so it reversed back up to 20, stopped there for a moment then finally crashed back down to 13.