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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9334528 times)
eduffield
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September 19, 2014, 02:33:34 PM
 #60101

Much faster MN consensus on transactions also inherently secures against all double-spend shennanigans as it greatly reduces the window of opportunity. You now have a few seconds to pull off a heist, not (sometimes many) whole minutes.

Actually, it completely eliminates double spending from being possible. Consensus requires a set of masternodes to agree that a transaction will be considered valid by the network, if they do the whole network honors it. It's as good as block confirmation.

And if the merchant doesn't see the instant validation, then they know something is funny and should wait for block confirmation.

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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TaoOfSaatoshi
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September 19, 2014, 02:38:30 PM
 #60102

#DARKCOIN : Innovating Crypto since 2014? (hard to believe)...https://t.co/kwRXQELKuB Darkcoin.io #getintothedark #drk #bitcoin #btc

#getintothedark

Special thanks to Flare and Mangled Blue for the recent support.

Join us,

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g4q34g4qg47ww
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September 19, 2014, 02:41:11 PM
 #60103

Am I seeing this correctly.. Isn't this elegantly compatible with the passive way darksend+ now works in the background? Darksend would never need to go through instant transactions. Fast in the front, anonymous in the back.
aleix
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September 19, 2014, 02:41:21 PM
 #60104

Someone please post the "paper" in main alt thread to discuss it with non darkcoiners  Tongue


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innergy
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September 19, 2014, 02:41:31 PM
 #60105

I'm only on page 8 and I have just started giggling loudly to myself in a room by myself.

This is one of the most brilliant solutions to a problem that I have ever read (up until page 8 anyway!

Thing is, the solution was pretty much there already, Evan just had the genius to realise it...  Grin

No need to wait for consensus from miners in minutes when MNs can do the same thing is seconds.

Dammit.. this is HUGE!!  Cool
MyFarm
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September 19, 2014, 02:42:23 PM
 #60106

This is going to get fun once the traders realize this isn't a sell the news situation.

Heh.
Spratan
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September 19, 2014, 02:44:32 PM
 #60107

The timing is perfect. BTC crashing and everybody wonder why, DRK rising but under the radar.
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September 19, 2014, 02:45:35 PM
 #60108

The #Darkcoin Chameleon: Helping keep finances private since 2014! Now, a new trick: Instant privacy! Darkcoin.io #getintothedark #bitcoin

#getintothedark

Join us, spread the word:

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September 19, 2014, 02:46:11 PM
 #60109

The timing is perfect. BTC crashing and everybody wonder why, DRK rising but under the radar.

We gonna catch LTC tonight >> ??
so close already !

Support the Arts .....>
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September 19, 2014, 02:47:17 PM
 #60110

I'm only on page 8 and I have just started giggling loudly to myself in a room by myself.

This is one of the most brilliant solutions to a problem that I have ever read (up until page 8 anyway!

Thing is, the solution was pretty much there already, Evan just had the genius to realise it...  Grin

No need to wait for consensus from miners in minutes when MNs can do the same thing is seconds.

Dammit.. this is HUGE!!  Cool

Would have really enjoyed seeing those giggles… hahaha, I can't wait to see this working, very cool. Many thanks to the Darkcoin team!

Every moment is like a falling leaf. Seize the moments within the moment.
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September 19, 2014, 02:48:06 PM
 #60111

The timing is perfect. BTC crashing and everybody wonder why, DRK rising but under the radar.

BTC will be Wall Street controlled as soon as they can invest in the BTC ETF. Just like they did with commodities ETF's. Wall Street just loves derivatives so they can control the price.
coins101
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September 19, 2014, 02:49:59 PM
 #60112


Excellent. Well done you. Wink

Kai Proctor
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September 19, 2014, 02:50:42 PM
 #60113

Someone please post the "paper" in main alt thread to discuss it with non darkcoiners  Tongue

https://bitcointalk.org/index.php?topic=788681.0
thefrog
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September 19, 2014, 02:51:06 PM
 #60114

Waht would happen to the consensus if someone took like a lot of money, and bougt online like 3000 mn that he/she/them controll ?
would this not be same sitation like the 51% attack on network hash ?
salmion
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September 19, 2014, 02:52:30 PM
 #60115

Waht would happen to the consensus if someone took like a lot of money, and bougt online like 3000 mn that he/she/them controll ?
would this not be same sitation like the 51% attack on network hash ?


Good luck trying to get hold of 3000000 drk Smiley
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September 19, 2014, 02:52:50 PM
 #60116

Someone please post the "paper" in main alt thread to discuss it with non darkcoiners  Tongue

https://bitcointalk.org/index.php?topic=788681.0

tnks, I just want to see other people trying to troll this  Grin


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thelonecrouton
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September 19, 2014, 02:53:24 PM
 #60117

Waht would happen to the consensus if someone took like a lot of money, and bougt online like 3000 mn that he/she/them controll ?
would this not be same sitation like the 51% attack on network hash ?


To do so would cost the attacker more money that the exploit would be worth.

And where exactly are you going to pick up 3000000DRK in a hurry even assuming you had the $1bn+ that doing so would likely cost you?
Kai Proctor
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September 19, 2014, 02:54:29 PM
 #60118

Waht would happen to the consensus if someone took like a lot of money, and bougt online like 3000 mn that he/she/them controll ?
would this not be same sitation like the 51% attack on network hash ?




Source: https://www.darkcoin.io/downloads/InstantTX.pdf
KryptoFoo
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September 19, 2014, 02:54:40 PM
 #60119

Quote
Many impressive features become possible after implementing the transaction locking system
and consensus system into the Darkcoin network. These include a considerable reduction to the
size of the blockchain, a completely backwards compatible architecture and instantaneous
transactions from client­to­client without waiting for a confirmation.
It's like he launched a new coin today! Holy wow
coins101
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September 19, 2014, 02:54:54 PM
 #60120

Someone please post the "paper" in main alt thread to discuss it with non darkcoiners  Tongue

https://bitcointalk.org/index.php?topic=788681.0

tnks, I just want to see other people trying to troll this  Grin

I read all this months ago. It was part of that which shall not be discussed.

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