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

[tabnk]

MINE MORE !!!!!!!!!!!!!!!

The general crypto boom is over. Those who saw 8000%+ profits from BTC in < 2 years were the lucky few. Who we be the Levi Strauss of the crypto era - a man who started a small business selling new-fanged denim jeans to the gold miners back in '49. Perhaps you've heard Levi's?

I think cryptos in general have a lot of potential. I mean most people don't even know what Bitcoin is, let alone altcoins. And, if you factor in that around three quarters of the planet live in countries with high inflation rate (not EUR, GBP, USD etc - which of course are inflated too but to a lesser degree), cryptos could be a nice alternative to the national currency - and much more convenient than gold for trade purposes.

DRK looks interesting enough, but whether or not it shoots up and outrageous amount to $20, or even $100 by next year is largely irrelevant,

Ah, well, I mean aurora is at 45$ when Lite is <15. And when you put the facts down, like 300k iceland citizens vs 450mn market cap, it's like 1.5m USD per icelander   Yeah, that will end up well...

Darkcoin is providing a second option vs the monopoly of transparency in which ther coins are in. This means that if someone wants their crypto deposits / crypto transactions to be more private they'll have to move over to DRK. The transparent market is at 100% right now while the more-private market is at near 0%. In terms of "market growth potential" what will happen should be pretty easy to figure out.

With a market cap of ~8bn (BTC+other alts) to 3mn (DARKcoin), the prospect of capital flowing toward the DRK side is "significant". Even if one per cent of the "transparent" market moves to the more private market, we're talking about 80mn USD boost that is there to share for DRK or other anon coins which may follow - and they will not be necessarily mutually exclusive (one could practice transferring money through 2-3 anon coins, implementing different solutions, for extra safety / privacy). Needless to say what may happen if tax authorities start to crack down on BTC. The "just 1%" may suddenly become several % - with a corresponding boost in value of the private coins.

I mean, from a market perspective, and with such prospects being there, even if the anon market is shared by 2-3-5 different coins in the long run, this is a 9-digit to 10-digit market (xxx millions to billions) that they will share between them. Current market cap of a few million USD may seem like a joke by then. With such fundamentals, who needs hype, or pump and dumps?

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[feeleep]

Why https://www2.coinmine.pl/drk/ pool is not listed in OP?

Becuase recently it was WAY too big with like over 80% of the net hashrate. It is different now, but back then the pool operator was not cooperating by closing registrations at the devs request so Eduffield must have removed it.

Last thing we need is it getting too big again so I say leave it unlisted.

Hi

This is not completely true - 80% happened during the night (at least in my timezone) moreover I was on holidays (see the pool news post) and it was probably caused by some issues on other pools. When I read these messages my pool was between 40% and 50% so I did not see the reason to close registration.

feeleep

[CHAOSiTEC]

Why https://www2.coinmine.pl/drk/ pool is not listed in OP?

Becuase recently it was WAY too big with like over 80% of the net hashrate. It is different now, but back then the pool operator was not cooperating by closing registrations at the devs request so Eduffield must have removed it.

Last thing we need is it getting too big again so I say leave it unlisted.

Hi

This is not completely true - 80% happened during the night (at least in my timezone) moreover I was on holidays (see the pool news post) and it was probably caused by some issues on other pools. When I read these messages my pool was between 40% and 50% so I did not see the reason to close registration.

feeleep

COINMINE UPDATE #3

The coinmine pool has

2930 MHASH out of total 5169 MHASH on network which is 56.68%

Here is a list of all the alternative pools, transfer your miners to any one of these , ideally spread out as much as possible.

THIS IS CRUCIAL

http://pool.darkcoin.io/
http://dark.hashrapid.com
http://cpu-pool.net/drk/
http://drk.lotterymining.com
http://drk.yobapool.net/
http://benchdarkpool.myvnc.com/darkcoin/public/index.php
http://drk.justmine.us
http://Dark.SuchPool.pw
http://darckcoin.mine.nu/

It hasn't gone down yet, network hashrate has gone down only.

Hi Guys,

To be honest I don't get why it is so crucial, but let me explain how it works.

If I would have bad intentions (and skills) I could destroy 10 coins so far. I am operating pools almost a year now for 23 coins. My pools are fast and stable that's why people like to mine here.

feeleep

so far i can see you where aware of it, but decided not to close registrations until it had leveled out

[LimLims]

While it'd be nice if pool operators voluntarily closed registrations as they near 40+ % of hashing power, they are not obligated to. It's a free market. It's ultimately up to users to move their hashing power elsewhere to protect the integrity of the network.

[P2PHash]

Hi guys, I'me setting up a new p2pool
Address: drk.p2phash.com

Could some of you try to connect to it, I'd like to test what kind of load my server can handle. Since it's p2pool you won't loose any shares coming from another p2pool and local hashrate doesn't impact your earnings
Low fee: 0.5%
Location: Switzerland

[CHAOSiTEC]

While it'd be nice if pool operators voluntarily closed registrations as they near 40+ % of hashing power, they are not obligated to. It's a free market. It's ultimately up to users to move their hashing power elsewhere to protect the integrity of the network.

in my book, its crusial for a coin, that no pool has +50% no matter the reasoning behind having that many. Investors will see this, and can at any moment decide a coin is not stable and secure enough if 1 pools holds that much hashing power, i wouldnt invest in such a coin..

there are plenty of other pools, but miners tend to flock to the biggest pools, because they would be getting a steady, although smaller, payout per block.

[blajde]

Would it be possible to reserve difficulty on pools?

It would prevent getting a spiked block of 500 forcefully solved by lets say 100mh/s pool - while the bigger pools keep relatively stable diffs at 300.

Can anyone see the problem?

[eduffield]

The DarkSend beta doesn't fork the blockchain, correct? I can still safely send/receive DRK using the 0.8.9 Mac wallet?

No, it's backwards compatible

[AlexGR]

From what I'm seeing the network hash is 8.5 ghash right now, of which 2.45 are on the official pool and 3.4 ghash on coinmine.pl. Are the smaller pools and p2pools making up the extra 2.65 ghash or is it a solo whale miner?

[tabnk]

BIG WHALE !!!!!!!!!!!!!!

From what I'm seeing the network hash is 8.5 ghash right now, of which 2.45 are on the official pool and 3.4 ghash on coinmine.pl. Are the smaller pools and p2pools making up the extra 2.65 ghash or is it a solo whale miner?

[ManOnTheMoon]

I'm getting 1.9 mh/s with my 280x, wow!!!

Really wish I jumped on this before diff skyrocketed. It's at 309. Holy fucking balls.

[blajde]

we are growing, come and help mine darkcoin, and get a chance of winning the lottery pool.

once a week 50% of the fees, will be drawn,
to one lucky winner... is it your turn next?

Pool Pays Witdrawal fee: 0.0

Please spread your hashing power, we dont want 1 pool to have >50%

DDOS Protected pool

Come over to the new server, its blasting fast compared to the old server
old miners, your miners have been port forwarded to the new server,
when you get the time, change it to stratum+tcp://lotterymining.com:4444

After tomorrows lottery draw, the following 7 days there will be a draw EACH day, for 50% of the fees + 28.5 DRK
The first draw of the new round, will be Wednesday lotterypool then: 28.5 DRK + 50% of the fees...

This is an offer I really can't resist! See you there!

[dime]

And when you put the facts down, like 300k iceland citizens vs 450mn market cap, it's like 1.5m USD per icelander   Yeah, that will end up well...

Except your math is wrong. It'd be right... if 300 people lived in Iceland. But you're off by 3 orders of magnitude.

It would be like 1.5k per icelander, which is not a bad number to stimulate mass adoption.

edit: ps. I own no AUR and don't care about it.

[AlexGR]

And when you put the facts down, like 300k iceland citizens vs 450mn market cap, it's like 1.5m USD per icelander   Yeah, that will end up well...

Except your math is wrong. It'd be right... if 300 people lived in Iceland. But you're off by 3 orders of magnitude. It would be like 1.5k, which is not a bad number to stimulate mass adoption.

edit: ps. I own no AUR and don't care about it.

Yep, you are right. 1.5k not 1.5mn...

[Muffnz]

Dev, this coin can add to bter?

[bit0x]

Diff rise!

[GreekBitcoin]

Dev, this coin can add to bter?

I just send an email at Bter. Maybe others can also send emails.

[SkillRoad]

Any news on the drug market? I want to sell some ice.

I'm launching a basic forum tomorrow. I will offer darkcoin escrow services at1%.




_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution

[Riseman]

What are the odds for the lottery based on? Do hashrate/worker count/time spent mining count or do all pool users have same chances?

[CHAOSiTEC]

What are the odds for the lottery based on? Do hashrate/worker count/time spent mining count or do all pool users have same chances?

everyone actively mining for has the same chance so it doesnt matter if your mining with 20 MH/s or 200 KH/s .

the list will be generated 5 times during a period, and then combined, so that even small miners show up, but also so you cant just "pop in" and win, then "pop out" again