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sharkbyte093
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August 27, 2014, 02:12:05 AM |
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Ok guys, can we please stop with the whining !!! the prices is this, the price is that, the dev should do this and that .... BLA BLA BLA everything is on track, leave Evan alone, the man is deep into his coding (exactly where he is supposed to be) you bitching about the price ?! Well do something ! get involved, it is now on the community to get the next steps into place before open source, RC5 and everything else starts kicking. Now is your time to be proactive - Help out on Open Bazaar (thread on DRKtalk) to get DRK accepted - Contact 'anonymous' suggest DRK to them - Get in touch with people who might need and understand Anonymous Transaction (think about it, there are a lot out there) - Contact these guys and see if they wanna be involved with us http://en.rsf.org/reporters-without-borders-and-25-04-2014,46196.html- Spread the word on social media - ..... all of this , and mainly Merchant adoption of DRK would help us, you and the price a LOT So get on it NOW   We can't really start the push in earnest until the code is open-source. I'm sure merchants would love to adopt it, but a lot are hesitant because they hear it isn't totally open-source. I hear you, but open source is coming soon, so we could prep a PR push by collection contacts working out a plan who to contact maybe make 1st contact already (as an introduction) ... i am just sick of this baby talk out here ohhhh the market ohhhh the dev ohhhh my dixx is shrinking .....> hahaaaaa proactive is the keyword Yes. Get the machinery in place so its ready for the PR push, but don't actually start it until we're open-source. It's a good point about being proactive though. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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Kai Proctor
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August 27, 2014, 02:13:25 AM |
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Ok guys, can we please stop with the whining !!! the prices is this, the price is that, the dev should do this and that .... BLA BLA BLA everything is on track, leave Evan alone, the man is deep into his coding (exactly where he is supposed to be) you bitching about the price ?! Well do something ! get involved, it is now on the community to get the next steps into place before open source, RC5 and everything else starts kicking. Now is your time to be proactive - Help out on Open Bazaar (thread on DRKtalk) to get DRK accepted - Contact 'anonymous' suggest DRK to them - Get in touch with people who might need and understand Anonymous Transaction (think about it, there are a lot out there) - Contact these guys and see if they wanna be involved with us http://en.rsf.org/reporters-without-borders-and-25-04-2014,46196.html- Spread the word on social media - ..... all of this , and mainly Merchant adoption of DRK would help us, you and the price a LOT So get on it NOW We can't really start the push in earnest until the code is open-source. I'm sure merchants would love to adopt it, but a lot are hesitant because they hear it isn't totally open-source. For the merchants open/closed source is a non issue. The only ones really "concerned" about that are here in our small crypto world. |
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sharkbyte093
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August 27, 2014, 02:19:04 AM |
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Ok guys, can we please stop with the whining !!! the prices is this, the price is that, the dev should do this and that .... BLA BLA BLA everything is on track, leave Evan alone, the man is deep into his coding (exactly where he is supposed to be) you bitching about the price ?! Well do something ! get involved, it is now on the community to get the next steps into place before open source, RC5 and everything else starts kicking. Now is your time to be proactive - Help out on Open Bazaar (thread on DRKtalk) to get DRK accepted - Contact 'anonymous' suggest DRK to them - Get in touch with people who might need and understand Anonymous Transaction (think about it, there are a lot out there) - Contact these guys and see if they wanna be involved with us http://en.rsf.org/reporters-without-borders-and-25-04-2014,46196.html- Spread the word on social media - ..... all of this , and mainly Merchant adoption of DRK would help us, you and the price a LOT So get on it NOW We can't really start the push in earnest until the code is open-source. I'm sure merchants would love to adopt it, but a lot are hesitant because they hear it isn't totally open-source. For the merchants open/closed source is a non issue. The only ones really "concerned" about that are here in our small crypto world. Yes but you need to realize that concern gets passed on and becomes a 'thing.' When the code is totally open, that 'thing' no longer exists because people can see for themselves. So it's as if a governor has been removed from the engine, or a roadblock from the road. |
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tungfa
Legendary
 Offline
Activity: 1834
Merit: 1023
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August 27, 2014, 02:22:26 AM |
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Ok guys, can we please stop with the whining !!! the prices is this, the price is that, the dev should do this and that .... BLA BLA BLA everything is on track, leave Evan alone, the man is deep into his coding (exactly where he is supposed to be) you bitching about the price ?! Well do something ! get involved, it is now on the community to get the next steps into place before open source, RC5 and everything else starts kicking. Now is your time to be proactive - Help out on Open Bazaar (thread on DRKtalk) to get DRK accepted - Contact 'anonymous' suggest DRK to them - Get in touch with people who might need and understand Anonymous Transaction (think about it, there are a lot out there) - Contact these guys and see if they wanna be involved with us http://en.rsf.org/reporters-without-borders-and-25-04-2014,46196.html- Spread the word on social media - ..... all of this , and mainly Merchant adoption of DRK would help us, you and the price a LOT So get on it NOW We can't really start the push in earnest until the code is open-source. I'm sure merchants would love to adopt it, but a lot are hesitant because they hear it isn't totally open-source. For the merchants open/closed source is a non issue. The only ones really "concerned" about that are here in our small crypto world. Yes but you need to realize that concern gets passed on and becomes a 'thing.' When the code is totally open, that 'thing' no longer exists because people can see for themselves. So it's as if a governor has been removed from the engine, or a roadblock from the road. I agree, anybody who knows anything about all this will be looking for open source. Which is fine and fair enough. K Atlas (as known as he is) is doing it NOW, so we are on the perfect right track there ! Nothing to hide ! |
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Kai Proctor
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August 27, 2014, 02:39:16 AM |
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Ahh I still remember when months ago some were criticizing the very idea of an anonymous currency. "We have nothing to hide" they said. |
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mistercashking
Legendary
Offline
Activity: 1044
Merit: 1050
@MRCASHKING
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August 27, 2014, 02:43:14 AM |
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When Drk is finished. Dark devs need to hit up some of these conferences.
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kostiantyn22
Newbie
Offline
Activity: 1
Merit: 0
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August 27, 2014, 02:55:52 AM |
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Latest Clients: 9.12.32 (stable) and 10.12.32 (RC4, includes Darksend+) - see Downloads section below. Specifications:- Release date: 11PM EST, 18th January 2014 / No premine
- X11 hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
- Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2)
- CPU/GPU mining
- Block generation: 2.5 minutes
- Difficulty Retargets using Dark Gravity Wave
- 7% decrease in the number of coins generated per year
- Est. ~22M Max Coins
- Decentralized Masternode Network
- Superior Transaction Anonymity using Darksend+
Darkcoin Innovations:- Darksend+ (coming late July/early August, 2014)
- Darksend+ has made some significant advances, and we’re happy to say that we’re closing in on a finished product.
With the introduction of Release Candidate 4 (RC4), the Darkcoin client will store pre-mixed, denominated Darkcoins in the user’s wallet, to be used instantly at any time the user desires. The mixing and denomination process is seamless, automatic, and requires no intervention on the part of the user. The 10 DRK limit in place with Darksend v1 will be permanently removed. With RC4, the amount that users can send via Darksend+ is limited only by the available balance in their wallet.
Here's how it works:
Every 10 blocks, user clients network-wide will send any unmixed, traceable Darkcoins in their possession through an anonymization phase. In this phase, Masternodes are used in chained succession to mix the coins they receive from the network and break them down into homogenous denominations. After being processed by a minimum of 2 Masternodes, the coins are either sent to the next Masternode in the chain or back to the user’s wallet at randomly generated change addresses.
Depending on the desired depth of security and privacy, users may select between 2 and 8 “hops” to successive Masternodes before their coins are sent back to the client. Hops are made every 10 blocks, so anonymization at a depth of 2 hops will take 2*2.5=5.0 minutes, 3 hops 3*2.5=7.5 minutes, and so on. The desired mixing depth can be selected in the client GUI.
At the end of the anonymization phase, the user’s coins are returned to their client at randomly generated change addresses. When the user wishes to make a transaction, the client forwards the intended amount from these anonymous change addresses directly to the intended receiver’s address. There is no direct involvement of of Masternodes in the final person-to-person transaction.
Proof of payment will work as it always has: a user can see the send transaction with the receiver’s address in their own wallet, and the blockchain will show that the receiver’s address received an input in the corresponding amount.
A breakdown of the improved Darksend+ process:
https://i.imgur.com/t2v7mn7.jpg
(Official statement link: http://[Suspicious link removed]/GZ1VZC)
- Masternodes and the Proof of Service Reward Paradigm
- In addition to traditional Proof of Work rewards for mining Darkcoins, users are also rewarded for running and maintaining special servers called “Masternodes”.
Though future plans envision several roles for Masternodes, their primary function is to carry out the anonymization phase of the Darksend+ protocol. The service that Masternodes provide to the network is the beating heart of Darksend+, which, in turn, is the defining feature of Darkcoin.
In return for providing this service, with each block mined, one Masternode is randomly selected by the network to receive 20% of the payout from that particular block.
In order to run a Masternode, users must put up 1000 DRK as something akin to collateral, though unlike traditional collateral, the DRK never leaves the user’s possession. It can be moved or spent at any time by the user - doing so simply removes the Masternode from service and makes it ineligible to receive rewards.
- X11 Chained Hashing Algorithm
- X11 is a widely used hashing algorithm created by Darkcoin core developer Evan Duffield. X11’s chained hashing algorithm approach utilizes a sequence of eleven scientific hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoins were originally. ASICs will be much more difficult to make for these algorithms and should take years.
With chained hashing, high end CPUs give an average return similar to that of GPUs. An added benefit of the algorithm is that GPUs require approximately 30% less wattage and run 30-50% cooler than they do with scrypt.
- Dark Gravity Wave
- Dark Gravity Wave (DGW) is a widely used mining difficulty adjustment algorithm created by Darkcoin core developer Evan Duffield to address flaws in Kimoto’s Gravity Well.
- Multi-Phased Fork Implementation (aka the “Spork”)
- In response to unforeseen issues with the rollout of RC3, the Darkcoin development team created a mechanism by which updated code is released to the network, but not immediately made active (or “enforced”). Communication is sent out to users informing them of the change and the need for them to update their clients. Those who update their clients run the new code, but in the event of errors occurring with that new code, the client’s blocks are not rejected by the network and unintended forks are avoided. Data about the error can then be collected and forwarded to the development team.
Once the development team is satisfied with the new code’s stability in the mainnet environment - and once acceptable network consensus is attained - enforcement of the updated code can be activated remotely. Should problems arise, the code can be deactivated in the same manner, without the need for a network-wide rollback or client update.
This innovation allows for far smoother transitions than in the traditional hard fork paradigm, as well as the collection of test data in the live network environment.
We set out with the intention of calling this method of updating the “Soft Fork”, but the Darkcoin community quickly dubbed it the “Spork” and the name seems to have stuck.
Miscellaneous:[/list] good to see you all |
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oaxaca
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August 27, 2014, 05:03:09 AM |
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shojayxt
Legendary
Offline
Activity: 896
Merit: 1001
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August 27, 2014, 05:33:24 AM |
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Noob here!
What value do you guys estimate that DRK will go to?
Thanks!
Drawingthesun, is a long time detractor, and supports other anon coins, as you can see by his unsubstantiated response. Although nobody can give you an accurate price prediction, you are coming at a good time since Darkcoin has gone through an speculation cycle recently, it seems like current pricing is a very solid base of longer term investors supporting the coin, this is a very good entry point as it is very unlikely people will dump from this price. Darkcoin all time high is around 15USD so you are buying at a good point with great growth potential, from a technical perspective, we are expecting an external review by Kristov Atlas to come out in the next couple of weeks, to know all the plans of the development team check out the official announcements from darkcointalk.org focus on the ones coming from eddufield the lead developer of the project: https://darkcointalk.org/forums/official-announcements.54/ Darkcoin may never reach it's all time high again. That high was just an example of a successful pump and dump. I would like to thank all the pumpers for allowing me to tag along and make a significant profit from trading drk. The bitcoin I made is being put to good use. I tried the masternode thing for a week and was rewarded a measly 4.5 drk. I dumped the 1000 drk, bought back at a lower price 15 minutes later for a profit of 75 drk in 15 minutes. I doubt that I will be setting up a masternode again. I can't justify tying up the btc to earn $10 in a week when I can earn 15 time that in 15 minutes with a couple trades. Oh, I bought and sold those original 1000 drk I dumped from the masternode I was running several times since yesterday and now have 1203 drk sitting on the exchange. That's 203 drk made in a day vs 4.5 made in a week. Some people might be content with the meager profits earned from running a masternode but I prefer to maximize my profits and most likely won't be tying my capital up just to support the DRK network. Just like the majority of altcoins, drk is basically nothing more than a coin to sell on the pumps and buy on the dumps. Time it right and you'll make lots of btc. Go DRK! Looks like I made a sound investment decision when I decided to shut off the masternode and liquidate the drk when the value was much higher than it is now. If I choose to do so I can buy right back in at a much lower price. Running the masternode was basically just a weeks worth of missed opportunities for the capital I had tied up. 4.5 drk in a week. Pathetic. I feel sorry for those that have been drinking the drk koolaid and are either underwater or have missed out on much more profitable investment opportunities. |
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Jeff8247
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August 27, 2014, 05:45:21 AM |
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LOL why do you care what people do here? Just leave it and move on son, people will do what they want to do regardless of what you have to say. |
"The trouble with quotes on the Internet is that you can never know if they are genuine." -Abraham Lincoln, 1864
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CryptoPleb
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August 27, 2014, 05:51:37 AM |
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lol the devs of that app seem like fun guys If it does go under 0.0045 then it wont be for long as I'll be buying them all  |
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stonehedge
Legendary
Offline
Activity: 1652
Merit: 1002
Decentralize Everything
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August 27, 2014, 05:58:08 AM |
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LOL why do you care what people do here? Just leave it and move on son, people will do what they want to do regardless of what you have to say. Just click ignore. Its much better if the poor woman/man sitting in a room somewhere trying to upset the internet people can't even be seen. |
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Jeff8247
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August 27, 2014, 06:15:48 AM |
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LOL why do you care what people do here? Just leave it and move on son, people will do what they want to do regardless of what you have to say. Just click ignore. Its much better if the poor woman/man sitting in a room somewhere trying to upset the internet people can't even be seen. No need to ignore him he's not upsetting me, I actually find the human psyche quite interesting. |
"The trouble with quotes on the Internet is that you can never know if they are genuine." -Abraham Lincoln, 1864
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Drobek
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August 27, 2014, 06:25:39 AM |
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Just click ignore. Its much better if the poor woman/man sitting in a room somewhere trying to upset the internet people can't even be seen.
No need to ignore him he's not upsetting me, I actually find the human psyche quite interesting. Trust me... after reading that repetitive bull on a few hundred pages you won't.. |
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Jeff8247
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August 27, 2014, 06:27:42 AM |
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Haha I've been reading it all. Still doesn't worry me |
"The trouble with quotes on the Internet is that you can never know if they are genuine." -Abraham Lincoln, 1864
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Terzo
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August 27, 2014, 06:46:00 AM |
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I'm not selling sorry ! I'm not selling under 50 USD ! You little mices selling low , get some courage !
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Freckleg
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August 27, 2014, 06:51:06 AM |
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someone wake me when we moved out of the despair phase ;-)
remember sell low, buy high!
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