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

[Ignition75]

Exactly this is why crypto-currencys are getting more and more unstable... more of these people seems to join this community movement.
Like Ripple and ethereum

Too early to invest in Ethereum, people see some official looking documents and lots of promises of things to come and they get excited.

Happy to wait and see on Ethereum, if it goes well then I'm fine paying a few extra DRK to invest at a later stage.

[1714233800]

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[1714233800]

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[patrolman]

So if Amazon kills all masternodes, we still have >50% of masternodes running. That's more than 400 MN's as it stands today. What's the issue? I don't see it.

Worst-case scenario:
The NSA, having negotiated administrative access all major US hosting companies, in order to facilitate their legal entitlement to uninhibited warrantless data collection of "potential terrorists", shut down all Masternodes hosted by US corporations, including those hosted on foreign soil. Simultaneously they launch hundreds of Masternodes, having accumulated a few hundred thousand DRK mining at "unprofitable" rates for the last few months with high-end, taxpayer-funded  mining rigs. After all, they don't have to work to pay the electricity bills.  Now, taking control of a large majority of the masternode network, they use Darksend+ 2 x mixing on thousands of adresses in hope of exposing some mixes performed exclusively by NSA controlled masternodes. They succeed. The market is spooked. Darkcoin plummets. Confidence is lost.

I think the chance of something like this happening - if it's possible at all - is extremely slim. But I think for Darkcoin to be truly successful, it's necessary to eliminate any factors which could deter potential investors. There are already a few thorns in Darkcoin's side and although I think there are satisfactory answers to most of the questions Darkcoin's many trolls ask time and again, they don't need any more ammunition. After all, you don't just lose a potential investor, you also lose out on them recommending Darkcoin and any subsequent investors and recommendations.

[Lauda]

If the NSA shuts down my nodes. Good luck. I can have them back up and running in a country of my choice in a few hours. Don't see the issue.

Once the amazon 12 month free offer is over. Expect the distribution to be vastly different.

Don't worry about this. How exactly would they shut them down and they would need a good reason to do it too.

[ClutchThese]

If the NSA shuts down my nodes. Good luck. I can have them back up and running in a country of my choice in a few hours. Don't see the issue.

Once the amazon 12 month free offer is over. Expect the distribution to be vastly different.

Don't worry about this. How exactly would they shut them down and they would need a good reason to do it too.

At this point they would need a warrant to do this. There is nothing illegal with encryption/anonymity. So, unless this changes, any US based servers are no different than servers located outside the US.

If you think that a GOV agency can't access/view a server located in another part of the world, just as they can in the US, you're fooling yourself.

[GhostPlayer]

If the NSA shuts down my nodes. Good luck. I can have them back up and running in a country of my choice in a few hours. Don't see the issue.

Once the amazon 12 month free offer is over. Expect the distribution to be vastly different.

Don't worry about this. How exactly would they shut them down and they would need a good reason to do it too.

At this point they would need a warrant to do this. There is nothing illegal with encryption/anonymity. So, unless this changes, any US based servers are no different than servers located outside the US.

If you think that a GOV agency can't access/view a server located in another part of the world, just as they can in the US, you're fooling yourself.

Exactly! And what is the difference between hacking into a server to look at an empty wallet and darkcoind running, than just collecting the traffic and analysing it themselves with the readily available daemon from darkcoin.io ?

Dammit, can't find the statistical analysis about owning a ton of nodes and trying to subvert the network... its somewhere on darkcointalk.org

[snogcel]

Getting closer and closer.... from darkcointalk ;-)

****** Please Update To 10.12.11 or 9.12.11 *******

More progress! I'm moving on to testing the voting system, then I think we're ready to launch. Let me know if there's anything else that needs to be addressed with Darksend.

- Darksend Denominate Outputs are now in a random order:

http://test.explorer.darkcoin.fr/tx/072ca56cbf705b87749513a2d2ee02080d506adcf8fe178f6dc2967f0711788e
http://test.explorer.darkcoin.fr/tx/32daa8ca46462e7e99f3532251d68a8c3835a080c937bd83b11db74e47b770ff

- Darksend now uses 3 participants instead of two.
- SplitUpMoney can now make collateral inputs when needed
- Transactions now shows darksend transaction types for easier understanding of what's going on:
DarkCoin - Wallet [testnet]_022.png

- Fixed a couple more cases where collateral was charged when it shouldn't have happened (let me know if it happens after this version)
- Fixed the money destruction bug, it was caused by "darksend denominate 8000". I missed a reference and the client passed an empty address to SendMoneyToDestination. rcp darksend source: http://pastebin.com/r14piKuq
- Unlocking/Locking wallet fixes (was spamming the logs)
- Unencrypted wallet fixes (was trying to lock every 10 seconds)
- Flare found and fixed an issue with DGW3 for win32

very impressive work going on here!

[superplus]

If the NSA shuts down my nodes. Good luck. I can have them back up and running in a country of my choice in a few hours. Don't see the issue.

Once the amazon 12 month free offer is over. Expect the distribution to be vastly different.

there are 12 months free on amazon??

bound to any contract or just free??

[ClutchThese]

Getting closer and closer.... from darkcointalk ;-)

****** Please Update To 10.12.11 or 9.12.11 *******

More progress! I'm moving on to testing the voting system, then I think we're ready to launch. Let me know if there's anything else that needs to be addressed with Darksend.

- Darksend Denominate Outputs are now in a random order:

http://test.explorer.darkcoin.fr/tx/072ca56cbf705b87749513a2d2ee02080d506adcf8fe178f6dc2967f0711788e
http://test.explorer.darkcoin.fr/tx/32daa8ca46462e7e99f3532251d68a8c3835a080c937bd83b11db74e47b770ff

- Darksend now uses 3 participants instead of two.
- SplitUpMoney can now make collateral inputs when needed
- Transactions now shows darksend transaction types for easier understanding of what's going on:
DarkCoin - Wallet [testnet]_022.png

- Fixed a couple more cases where collateral was charged when it shouldn't have happened (let me know if it happens after this version)
- Fixed the money destruction bug, it was caused by "darksend denominate 8000". I missed a reference and the client passed an empty address to SendMoneyToDestination. rcp darksend source: http://pastebin.com/r14piKuq
- Unlocking/Locking wallet fixes (was spamming the logs)
- Unencrypted wallet fixes (was trying to lock every 10 seconds)
- Flare found and fixed an issue with DGW3 for win32

very impressive work going on here!

Agreed, that's quite a few fixes!

[illodin]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

[tifozi]

Darkcoin's MasterNodes make it a much more complex venture for cloners down the road to profit off of the real work that is being done right now. Don't forget that part of the discussions back in the day was to make the entire decentralized infrastructure unparalleled, so it isn't going to be simple for a rogue dev to click on the GitHub fork button and launch their scams on a daily basis with numeric tweaks in main.cpp

Look at the obsession with Darkcoin across the communities. They don't have the source, so they are cloning the phonetics associated with Darkcoin (*Send, *Node, DarkCash, BitcoinDark etc) while at the same time bashing the coin non stop.

Also 20% MN revenue is just the beginning. There are quite a lot of plans of services around it that are not going to be CDS AAA rating fraud   CLONE THAT.

[ClutchThese]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

This is something that was a huge problem when POS was originally added. The problem was that coins were running POW and POS at the same time, think of TAG coin.

Now, most coins have somewhat fixed the code and made the forking less of an issue. What that link proposed is quite similar to a 51% attack on BTC. It's possible, but not likely. If an "ALT" is a widely used coin and has a ton of people backing it/mining it, it's far less likely.

Just my thoughts, i'm in no way a coin dev.

[superplus]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

This is something that was a huge problem when POS was originally added. The problem was that coins were running POW and POS at the same time, think of TAG coin.

Now, most coins have somewhat fixed the code and made the forking less of an issue. What that link proposed is quite similar to a 51% attack on BTC. It's possible, but not likely. If an "ALT" is a widely used coin and has a ton of people backing it/mining it, it's far less likely.

Just my thoughts, i'm in no way a coin dev.

i followed the discussion with anonymint quite a while ago, as far as i understood less than 51% are possible to attack on non POW.
there where also some other security concerns can't remember that exactly, maybe i find the thread

[GhostPlayer]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

It is... which is why DRK is also Proof Of Service.

[GhostPlayer]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

This is something that was a huge problem when POS was originally added. The problem was that coins were running POW and POS at the same time, think of TAG coin.

Now, most coins have somewhat fixed the code and made the forking less of an issue. What that link proposed is quite similar to a 51% attack on BTC. It's possible, but not likely. If an "ALT" is a widely used coin and has a ton of people backing it/mining it, it's far less likely.

Just my thoughts, i'm in no way a coin dev.

i followed the discussion with anonymint quite a while ago, as far as i understood less than 51% are possible to attack on non POW.
there where also some other security concerns can't remember that exactly, maybe i find the thread

I heard Andreas Antonop. go deep into it. In reality, you can pull of a successful double spend attack with far less, like 20 or 25, cant remember exactly. But that will only be good for 1 block.

51% is to, theoretically, take over the network entirely forever. But mathematically, it can be done with a little under 50% with just plain dumb luck.

[Lauda]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

No you shouldn't worry about the things that anonimity writes on these forums.  
DRK is safe.

[raze182]

Dammit, can't find the statistical analysis about owning a ton of nodes and trying to subvert the network... its somewhere on darkcointalk.org

This? https://darkcointalk.org/threads/development-updates-july-7th.1735/page-2#post-11487

[superplus]

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

No you shouldn't worry about the things that anonimity writes on these forums.  
DRK is safe.

i like the input from anonymint, he helped improving drk a lot months ago..

[GhostPlayer]

Dammit, can't find the statistical analysis about owning a ton of nodes and trying to subvert the network... its somewhere on darkcointalk.org

This? https://darkcointalk.org/threads/development-updates-july-7th.1735/page-2#post-11487

YES!! Thank you!

Here is a post by fernando. Just please take into consideration since this post, now we have 8 rounds of Masternodes going on RC4 testnet.

-------------------------------

you are right. If someone controlling both masternodes can deanonymize transactions (haven't checked with devs, maybe there is some measure in that area already), the risk is still there. However, thanks to the high number of masternodes, it is extremely low. I've done some numbers for 600 masternodes (we are at 605 now), 800 and 1000. At 600 you need 61 masternodes (now about 436k USD) coordinated to act roguely to get a 1% chance of deanonymize a transaction. With 1000 masternodes you need more than 100 masternodes for that 1%.

Of course, if you are just looking for any transaction, even a low percentage maybe good enough, but I'm sure devs can do something in the communication with MNs so the probability goes to zero. Something needs to be left for Darksend++ or the fun is going to be over too fast :wink:

You can check the numbers at the table below or in Google Docs: http://j.mp/1mEtWz4

[EfterlysT]

Sunday pump. Nice

[Hermann1337]

yeah! rly cool whats going on. bears vs bulls. i think the bulls will make it