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

[Kai Proctor]

Where can i see a master node HOW TO ?

https://darkcointalk.org/threads/how-to-set-up-ec2-t1-micro-ubuntu-for-masternode-part-1-3.240/

[Brilliantrocket]

I think we should put our efforts on getting a very sleek wallet out first. Emphasis on good looking, intuitive design. Get the core functionality in place with a great GUI, so as to distinguish Darkcoin immediately upon download. Value added features can then be added with further versions. I would also prioritize features associated with the actual sending of payments. Expanded functionality in this area would be much more apparent to the average user than some of the more complex features that others have suggested.

[coins101]

Privacy is extremely hard to come by on the Internet. Bitcoin itself is not very private right now.

Publication of the owner of a single Bitcoin address can yield an incredible amount of personal financial information, information that cannot be put ‘back in the box’ – it will be available forever, encoded into the blockchain. This is the sort of information that law enforcement agencies would typically need to subpoena a bank for; instead right now we offer it to the entire Internet.

We haven’t yet seen significant involvement from consumer privacy agencies at the Foundation, but I believe they will be horrified when they understand just how much private financial data is being broadcast and permanently recorded.

This information directly impacts citizens living under repressive governments. It could cause physical harm to a woman whose finances are controlled by her pimp or her kidnapper. The knowledge of transactions can be combined with violence to limit any human’s fundamental right to transact economically.

It seems therefore critical that we do everything we can to support efforts that enhance this privacy from global inspection. Technological efforts like trustless sharing and ZeroCoin/ZeroCash have potential to improve the privacy guarantees available to those using Bitcoin.

Not everyone will want this kind of privacy to be available.  In some jurisdictions, concerns over money laundering are brought up as the reason why such privacy should not be available.

I believe that these concerns are real and valid, and pragmatically, that a balance needs to be struck. We don’t yet know exactly how to balance the risks to different parties; on the one hand direct violence, control of individuals and financial risks borne by citizens with hyper-inflationary money supply are real harms being borne by human beings around the world right now. On the other hand there are real and more generalized harms to society that money laundering enables.

Right now, I believe the most reasonable regulatory approach is to encourage anti-money-laundering and know-your-customer rules that can be implemented at the ‘endpoints’, Bitcoin exchanges or money transmittal businesses. These businesses already have clear regulation and operations rules and understand how to identify money laundering, and what to do about it when they see it.

At the same time, we need to do better protecting those who have no other safe way to transact economically, and the Foundation will be providing support for a variety of proposals as a way to let the broader community engage with them and assess what would be useful.

Peter Vessenes, Chairman of the Board    Apr 05 2014, https://bitcoinfoundation.org/blog/?p=679


What Darkcoin is doing to create privacy in crypto transactions and in so doing creating eCash:

* Master Nodes These nodes handle the mixing through random selection -

They are responsible for being the authority of what goes into the joined transaction each session.

eduffield, 21 February 2014 https://bitcointalk.org/index.php?topic=421615.msg5282966#msg5282966

* I2P:

I'm implementing I2P into the masternodes. We're going to have our own private network just for DarkSend.

eduffield, 10 May 2014. https://bitcointalk.org/index.php?topic=421615.msg6643662#msg6643662

* Ring signatures are going to be implemented in V2.

I will begin development immediately after I opensource V1.

eduffield, 12 May 2014. https://bitcointalk.org/index.php?topic=421615.msg6686819#msg6686819

While ring signatures present their own compatibility problems with the core DarkSend and Master Node network, the lead developer has consider the issues and is seeking to implement adaptations:

Ring Signatures, RC3 Progress Report 22 May 2014

I've had some substantial progress on DarkSend and have figured out how to make our existing system as secure as ring signatures. Vastly improved security, no bloat (from the ring signatures) and without actually having to trust new cryptography (it hasn't been extensively tested like what DarkSend uses) . So I think it'll give us a HUGE advantage in the coming months. More to come soon, I'm going to start implementing this tomorrow.

https://bitcointalk.org/index.php?topic=421615.msg6864666#msg6864666

*IP obfuscation 12 May 2014
https://bitcointalk.org/index.php?topic=421615.msg6694377#msg6694377


New Features:

*Checkpoints and Spork 26 June

With this launch, we introduced a new soft-fork method, which some users have affectionately dubbed the “spork”. As clients update, new features - Masternode payments, in this case - are implemented and available, though not strictly enforced by the network. After almost all users are updated, the fork can be remotely activated, which would enforce the new feature rules. If successful, the new feature(s) would be permanently activated and enforced. If unsuccessful, enforcement can be deactivated remotely for the whole network without the need for users to update their clients. In the latter case, a checkpoint would be added to put the whole network back on the same chain.

This allows us to test higher risk, innovative features in mainnet without having to hard fork the network and without the risk of a live rollback where all users must update.

https://darkcointalk.org/threads/rc4-development-and-path-going-forward.1604/


Is this all legal?

Hell, yes.

Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network, United States Department of the Treasury, confirms that financial privacy is a real and important aspect of all financial transactions.

The view on regulation is currently being considered in a similar light to Bitcoin. The Bank Secrecy Act and existing AML policies towards digital currency will still apply. In general, moving in and out of fiat requires the use of regulated entities.

Non disclosure of financial transactions on a blockchain ledger is not a reason to stop anonymity tools such as Darkcoin.

https://www.youtube.com/watch?v=M7bbDpwlTws&feature=youtu.be&t=11m48s

~12mins


So, next on my list of notes on what Darkcoin innovations have done for Crypto.

Is the above list still upto date and correct?

[Ignition75]

Yay!. I'm not invisible.

The thinking goes like this.

Two-step soft forks, the Sporks, are used to prevent problems with hard forks, right? Implement new code, fork it, if it works enforce it; if it doesn't work, use the checkpoint to roll back?

If that is the case, the Nr.1 issue preventing Litecoin and Bitcoin from updating their code base is chaos caused by hard forks. QED, if sporks prevent the risks from hard forks, Evan just save Bitcoin and Litecoin from ASICs as they have the freedom to change their algo with nothing more than a reasonable notice period - say 6 - 12 months of a spork event.

I won a prize recently for laterally thinking. Did I do it again? Did I? Well?  

Edit: My post could have been read as an insult and it definitely wasn't it's intention.

[badman74]

Where can i see a master node HOW TO ?

https://darkcointalk.org/threads/how-to-set-up-ec2-t1-micro-ubuntu-for-masternode-part-1-3.240/

This really needs to be on the OP

[flound1129]

Having a working testnet would also help with integration.  Does anyone have a testnet addnode?  My wallet won't connect.

[chaeplin]

Having a working testnet would also help with integration.  Does anyone have a testnet addnode?  My wallet won't connect.

http://tdrk.poolhash.org/

Use server in http://tdrk.poolhash.org/blocks/masterlist.txt with flag 1.

[CryptoPleb]

******* Possible way to get more DRKs: ******

Ducknote (DRK's favourite hedge) coming along nicely.

Now got a JSON-RPC interface for GUI html wallets (already ahead of XMR ?). Lovely, unpumped X-coin, not on Mintpal just popped up on Marketcap radar @ 2% of Monero's market cap, low difficulty. Only upside available.

Tharr will be ducks on da moon 6 sats ! )

0.2 BTC gets you a hefty chunk of the duck money supply ----> convert to DRKs with profit later,

Hey ! What's this guy mining ?   ..... https://www.youtube.com/watch?v=zmvVZMRcvFE

Thanks for the heads up Tok, seems it will rise. Dumped all my Monero for Ducknote.
Of course any profit I will put into drk, just getting in before the hype train.

[coins101]

http://drk.poolhash.org/mnode.html

 

[illodin]

Someone should tell them we have this thing called Darkcoin already.
http://cellular-news.com/story/66477.php

[splawik21]

https://darkcointalk.org/threads/enhanced-darkcoin-wallet-ui.1705/

I'm excited about this. Hope it's functional and fancy. #iggy

Can we get some more cross posts going, please?

bump

[Minotaur26]

Was able to grab 4BTC worth of DRK more at these prices to complete another masternode. So happy.

[thelonecrouton]

Was able to grab 4BTC worth of DRK more at these prices to complete another masternode. So happy.

Grrr, trying to sell a stack of R9 270s and kW PSUs as I've just bought a load of 750Ti cards to mine with, no spare cash for cheap DRK.

And not a single payment today on my 4.6 MNs, but hey, I have food in my belly and a curvy wife in the bedroom, it's all good. 

[thenorb]

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[TanteStefana2]

Possibly.  I also heard a rumor that he once saved a litter of Chihuahua puppies from a speeding train in Guadalajara, WHILE tapping out code for RC4 on his smart phone.  And he helps old ladies cross the street.

It's probably a little premature to name the spork the savior of crypto (not to discount the possibility in any way).  I do think it's safe to say that it's one of the most under-recognized innovations to come out of this project for the crypto community as a whole.

Actually those incidents happened years ago before he turned to code at the tender age of 15.  He's since been locked up in the house with his hands glued to the keyboard and special eye openers that keep his eyes open, so he can see the screen and code even when he is sleeping.

http://venturebeat.files.wordpress.com/2014/06/a-clockwork-orange-475864l.jpg

[coins101]

The best is yet to come.

My guess is that by the time RC4 starts hitting the radar, the shitcoins with claims of anonymity will have been found out.

As the COO has said a few times, there are a select few that come close to providing healthy competition, but only DRK gets the cigar.

[Brilliantrocket]

The best is yet to come.

My guess is that by the time RC4 starts hitting the radar, the shitcoins with claims of anonymity will have been found out.

As the COO has said a few times, there are a select few that come close to providing healthy competition, but only DRK gets the cigar.

Even then, the next best thing is so far behind, that competition won't be a concern until well after we're open sourced.

[Ozziecoin]

Price of Drks on bitfinex higher than mintpal and bter. Does anyone have a good conspiracy theory? 

[Ignition75]

Price of Drks on bitfinex higher than mintpal and bter. Does anyone have a good conspiracy theory? 

Go for it, sounds like you do 

[Ozziecoin]

Price of Drks on bitfinex higher than mintpal and bter. Does anyone have a good conspiracy theory?  

Go for it, sounds like you do  

Base theory is that Ltc miners are getting displaced by ASICS (who are dumping Ltc for Btc) and so the Ltc GPU miners are switching their mining power to x11. They are then dumping Drk for Ltc to support the price of Ltc. Bitfinex is fresh money coming in and are not Ltc investors, so they are retaining their Drks.