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

[bluebit25]

is it profitable to run a node? How much to get started in equipment costs and how much profit?

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[GhostPlayer]

Last time I'll say it...although there have been new buys recently...price would tumble if not for the massive buy wall.  

Your TA is appreciated, but please keep this in mind.

 price did not tumble heaps loads before any mega wall. We di have a flash crash after RC3 and RC4, but from then on, this has been nothing but an extremely healthy coin - which most agree, still undervalued.

 See, Otoh is no good samaritan. He is a good trader and investor.

[HinnomTX]

A reminder of why DRK has value and will continue to have value regardless of the "dominance" of Bitcoin (in fact it will be helped by the dominance of bitcoin).

It directly addresses a monetary property, not a technical property. (i.e. one which cannot be dealt with by improvements in bitcoin "tech" like sidechains, proxy currencies, API or whatever):



Darkcoin's emphasis on the 'monetary' perspective is further consolidated by its pre-emptive approach to anonymisation. i.e. the coin supply is continiously "anonymised" while in the wallet at opposed to "you've got 1 shot at it - at the point of transaction".

If we take gold as a precedent, it's analogous to the ability to melt the gold as opposed to making "transactions in secret" - a whole different emphasis. The ability to melt down gold is true fungibility, secret transactions are not.

Properties of money: http://contrarianinvestorsjournal.com/?p=391#

To the creator of the graphic above, *please* change "scarecity" to "scarcity".

[anonymousxx1503]

Who is this guy going on and on about the buy walls?

What a muppet...

The fact is the ARE there and they will stay there

If Otoh gets all the coins I think he wants we are going to see 50 - 100k more Dark leaving the market to be masternodes, joining the 2.1 million that are already there...

There are not enough coins circulating to cause a "crash"

For those of us that have been here a while we have seen this rise coming for a long time, for the muppets that just poke their heads in, see a bit of a rise and think "watch out this will crash"

Poor you, how little you see and understand...

Dark has a circa 15 million USD market cap... Lets face it, that's peanuts....

If you dumped approx 47000 DRK on cryptsy right now, the price would still be higher than a month ago (0.08) and that's not counting the buy support on bitfinex and cryptsy.

[toknormal]

To the creator of the graphic above, *please* change "scarecity" to "scarcity".

Done ! thanks for the tip. (Maybe you'd like to update your quote in turn).

[Kuriso]

If Darkcoin reaches $4 today, I will make myself run 1 mile.

For 5$, you ll run naked in your city during one hour?

At $5 I'll run naked in the middle lane across Golden Gate Bridge in SF

Don't get caught.  You'll need that extra dollar to pay for the legal fees you'll incur afterwards.  That knocks you back to $4.  Better wait for $6 so you have that extra dollar.

[qwizzie]

guys, whats going on with these unpaid blocks ?
 
https://drk.mn/blocks.html

block 227776 & block 227756
darkcoin.miningpoolhub.com

block 227734 & block 227718
coinmine.pl

block 227683
ghash.io

[crowning]

guys, whats going on with these unpaid blocks ?
 
https://drk.mn/blocks.html

block 227776 & block 227756
darkcoin.miningpoolhub.com

block 227734 & block 227718
coinmine.pl

block 227683
ghash.io

https://darkcointalk.org/threads/masternode-payment-variance.1636/page-4#post-44069

[qwizzie]

guys, whats going on with these unpaid blocks ?
 
https://drk.mn/blocks.html

block 227776 & block 227756
darkcoin.miningpoolhub.com

block 227734 & block 227718
coinmine.pl

block 227683
ghash.io

https://darkcointalk.org/threads/masternode-payment-variance.1636/page-4#post-44069

thanks, that explains it.

[eduffield]

guys, whats going on with these unpaid blocks ?
 
https://drk.mn/blocks.html

block 227776 & block 227756
darkcoin.miningpoolhub.com

block 227734 & block 227718
coinmine.pl

block 227683
ghash.io

There have been no unpaid blocks from what I can tell. It seems like a glitch on drk.mn.

http://explorer.darkcoin.fr/block/0000000000042048dc2b11faaae3c022e77fee34d0b8b42135181cf36ec36199
http://explorer.darkcoin.fr/block/00000000000a996833a4ab187529019bb2f9ccb661f56960c67d694378d7d64a
http://explorer.darkcoin.fr/block/00000000000281ba2e80f73418a935a60bc96e5f63fc12ee04d98a197061f16e
http://explorer.darkcoin.fr/block/00000000000117af125dba607834a72f9ba5e2d41ea5c3615222befbb71dcebf

[qwizzie]

guys, whats going on with these unpaid blocks ?
 
https://drk.mn/blocks.html

block 227776 & block 227756
darkcoin.miningpoolhub.com

block 227734 & block 227718
coinmine.pl

block 227683
ghash.io

There have been no unpaid blocks from what I can tell. It seems like a glitch on drk.mn.

http://explorer.darkcoin.fr/block/0000000000042048dc2b11faaae3c022e77fee34d0b8b42135181cf36ec36199
http://explorer.darkcoin.fr/block/00000000000a996833a4ab187529019bb2f9ccb661f56960c67d694378d7d64a
http://explorer.darkcoin.fr/block/00000000000281ba2e80f73418a935a60bc96e5f63fc12ee04d98a197061f16e
http://explorer.darkcoin.fr/block/00000000000117af125dba607834a72f9ba5e2d41ea5c3615222befbb71dcebf

thanks, good to know

[bluebit25]

If Darkcoin reaches $4 today, I will make myself run 1 mile.

For 5$, you ll run naked in your city during one hour?

At $5 I'll run naked in the middle lane across Golden Gate Bridge in SF

Don't get caught.  You'll need that extra dollar to pay for the legal fees you'll incur afterwards.  That knocks you back to $4.  Better wait for $6 so you have that extra dollar.

Doesn't look like $5 will happen today, so no worries.

[MyFarm]

Market keeps creeping up.

A kind of silent creep - 0.001 BTC per day on the valuation. There is buoyancy. Nobody wants to panic buy but there is more buying than selling.

Lets take a brief look at Darkcoin's longest range and most stable technical indicator (that I know of ! = my event horizon thanks) - the 1 week DMI which tells us if we're in a bear or bull market.

When we zoom out to this level we can see that Darkcoin / BTC is one of the most consistently bullish markets around. The 1-week chart has only been in "bear" mode for any significant time once - a couple of weeks during last August.

Bears attempted to capture the 1-week market again during December and January but failed and since mid January the bear market has been dropping away.

As I write this, non-otoh bid liquidity is thickening up as patience with waiting for "the crash" starts to run out. There is jostling for position. There is volume *. There is "Fear" **. There is talk (and tok   ). There is FUD. There is development. There is adoption. There is action.

© Investopedia: http://www.investopedia.com/terms/d/dmi.asp

* last 24 hours greater than traditional high liquidity markets such as dogue. Largest weekly volume peak since June 2014.

** of the market running away, of asks being pulled, of Evan dropping one of his casual posts that IP obfuscation or reference node blah or is imminent or that the devteam or grown or whotnott

Last time I'll say it...although there have been new buys recently...price would tumble if not for the massive buy wall.  

Your TA is appreciated, but please keep this in mind.

This is not correct.  Coins that have the liquidity of Darkcoin require large buyers or sellers to come in to make large price movements.  If I was a large seller and there was bearish sentiment, I would love Otoh's walls because they would allow me to exit my position with ease, induce panic selling (people would panic if they saw his walls get hit) and allow me to buy back lower.  There's just plain nobody with enough coins willing to do that as they're bullish on Darkcoin.  If Otoh's walls came into play a few months ago, I would have done exactly what I outlined here.  I'm not willing to take the risk though as I am personally bullish on Darkcoin AND I realize too many others are as well for me to take the risk of selling that many coins.

[crypto777]

New - Darkcoin/Bitcoin Promotion Program -

21 February 2015 - GoUrl run global Bitcoin/altcoins affiliate programme will help to promote Bitcoin/altcoins secure payments on the internet.

http://goo.gl/XX7XPn

Does it support Darkcoin with InstantX?

YES. It's Support InstantX.

Darkcoin Payment Example (for any website)  - http://gourl.io/lib/examples/pay-per-product.php?gourlcryptocoin=darkcoin

Darkcoin Payment Gateway API  - https://gourl.io/darkcoin-payment-gateway-api.html

.


BillingServ (SaaS Billing Platform) added support Bitcoin/Darkcoin/Altcoins through GoUrl Bitcoin Gateway -

https://www.billingserv.com/

.

[ZaZ59]

@eduffield

Hi,

This coin is listed on http://www.altcoinprofitability.com/

 

[child_harold]

Throwing it to the floor.  

Your about a year too late.

+1

+2

LETS ASSUME A WORST CASE SCENARIO

50% of MN's are run by "bad actors" or have backdoors (thru VSP provider consent)

Question:Why did TOR get compromised??
Answer: NSA style traffic analysis

Just like TOR ur crypto (such as it is i.e. antiquated) is prob sound. But how do you combat NSA style traffic analysis for MN's?

Ignore me if you want…
but this is another important question complements of yous truly.

Answers on a postcard  

I'll bite. Assuming there were 50% rogue nodes, each round would be an independent event, in this case 50/50 that a compromised node is selected processing the transaction. To be able to prove with reasonable doubt, you would need to have your rogue nodes selected every round, or 50%^# of rounds for probability. At 4 rounds, you're looking at a 6.25% chance of having your rogue nodes selected every round, at 8 rounds, 0.39%, at 16 rounds, .0015%. That's just as the system stands right now--with masternode blinding which is currently in development, no single node would have all the inputs so your probabilities essentially go to 0.

Good try.

Yeah I think he did try very hard, but his attempt discredits him even more.

@oblox

I suppose I was really making three points:

1) CRYPTO:What happens if 50% of MN's are run by "bad actors" or have backdoors (thru VSP provider consent)

Comment:
The answer of ~6% if 4 rounds chosen was the answer given. Interesting but not really to my point. BTW What is the avg no. of rounds usually selected? What is the default number?

2 ) FLOW: Since MN's have static IP's (at this time) and are obvious targets for traffic flow analysis how can u combat traffic flow analysis like "upstreaming" which were used to compromise TOR?"

As I said initially it is not so much the crypto that is the weakness (albeit slightly outdated imo), but rather the patterns derived from traffic analysis techniques like "upstreaming" which may reveal sensitive information.

Comment:
Certainly every crypto-currency network is also threatened by such analysis, but for DRK it is the limited number of MN's currently sitting on fixed IP's which make a juicy target. The crypto in TOR was by all accounts strong and it was these sorts of attacks which compromised TOR's security iirc. Interestingly there were similar numbers of TOR nodes that you have MN's. I'm thinking maybe 3-4k TOR nodes were being run worldwide.
Perhaps MN's will have to grow in number to help deal with this and maybe a 500DRK sum should be permitted to run an MN so as to create more. In fact why shouldn't every node be capable of serving as an MN? And if DRK adopts a ZK (Zero-Knowledge) solution like Shadow then why have MN's at all (InstantX I guess)

3) BLEND: A "blended attack" where a bad actor runs (or has access to) a number of MN's combined with traffic analysis is most likely the true threat model here. It is unclear to me at this point if "Masternode blinding' might help the bad actors as much as the good ones.

Comment:
?

Throwing it to the floor.

@bigrcanada
https://bitcointalk.org/index.php?topic=745352.msg10612920#msg10612920

I'm not spokesman for Shadow (definitely not) and without any action by the Shadow Team I voluntarily back down outta some sense of good. TBH Im more of a mad renegade…

I gotta say that I dont really regard the above Q I posed as FUD.
It would be wise to have in place counter-measures against the sort of attacks that compromised TOR. As I also said it applies to all crypto-currencies, altho due to the MN infrastructure and the depth of ur Team it (maybe) behooves u to plan for such attacks.

At the very least I asked why cant you have MN's for 500DRK? Or 250? More MN's better, right?

Anyway bigrcanada, you were very polite. Thanks. I shall return the favor and politely go away - altho Id really be interested in some answers to my Q's and will keep reading…
thanks

pax romanus

[etoque]

If Darkcoin reaches $4 today, I will make myself run 1 mile.

For 5$, you ll run naked in your city during one hour?

At $5 I'll run naked in the middle lane across Golden Gate Bridge in SF

Don't get caught.  You'll need that extra dollar to pay for the legal fees you'll incur afterwards.  That knocks you back to $4.  Better wait for $6 so you have that extra dollar.

Doesn't look like $5 will happen today, so no worries.

Depend on where you are on the map,maybe not 5$,but market is explosive right now,we can blow up 0.013 pretty easily

[Sub-Ether]

wheres cryptocurrency?
Imagine being even a small part of this,
http://www.sovereignman.com/wp-content/uploads/2015/02/LiquidityPyramid.pdf

[Artoodeetoo]

Throwing it to the floor.  

Your about a year too late.

+1

+2

LETS ASSUME A WORST CASE SCENARIO

50% of MN's are run by "bad actors" or have backdoors (thru VSP provider consent)

Question:Why did TOR get compromised??
Answer: NSA style traffic analysis

Just like TOR ur crypto (such as it is i.e. antiquated) is prob sound. But how do you combat NSA style traffic analysis for MN's?

Ignore me if you want…
but this is another important question complements of yous truly.

Answers on a postcard  

I'll bite. Assuming there were 50% rogue nodes, each round would be an independent event, in this case 50/50 that a compromised node is selected processing the transaction. To be able to prove with reasonable doubt, you would need to have your rogue nodes selected every round, or 50%^# of rounds for probability. At 4 rounds, you're looking at a 6.25% chance of having your rogue nodes selected every round, at 8 rounds, 0.39%, at 16 rounds, .0015%. That's just as the system stands right now--with masternode blinding which is currently in development, no single node would have all the inputs so your probabilities essentially go to 0.

Good try.

Yeah I think he did try very hard, but his attempt discredits him even more.

@oblox

I suppose I was really making three points:

1) CRYPTO:What happens if 50% of MN's are run by "bad actors" or have backdoors (thru VSP provider consent)

Comment:
The answer of ~6% if 4 rounds chosen was the answer given. Interesting but not really to my point. BTW What is the avg no. of rounds usually selected? What is the default number?

2 ) FLOW: Since MN's have static IP's (at this time) and are obvious targets for traffic flow analysis how can u combat traffic flow analysis like "upstreaming" which were used to compromise TOR?"

As I said initially it is not so much the crypto that is the weakness (albeit slightly outdated imo), but rather the patterns derived from traffic analysis techniques like "upstreaming" which may reveal sensitive information.

Comment:
Certainly every crypto-currency network is also threatened by such analysis, but for DRK it is the limited number of MN's currently sitting on fixed IP's which make a juicy target. The crypto in TOR was by all accounts strong and it was these sorts of attacks which compromised TOR's security iirc. Interestingly there were similar numbers of TOR nodes that you have MN's. I'm thinking maybe 3-4k TOR nodes were being run worldwide.
Perhaps MN's will have to grow in number to help deal with this and maybe a 500DRK sum should be permitted to run an MN so as to create more. In fact why shouldn't every node be capable of serving as an MN? And if DRK adopts a ZK (Zero-Knowledge) solution like Shadow then why have MN's at all (InstantX I guess)

3) BLEND: A "blended attack" where a bad actor runs (or has access to) a number of MN's combined with traffic analysis is most likely the true threat model here. It is unclear to me at this point if "Masternode blinding' might help the bad actors as much as the good ones.

Comment:
?

Throwing it to the floor.

@bigrcanada
https://bitcointalk.org/index.php?topic=745352.msg10612920#msg10612920

I'm not spokesman for Shadow (definitely not) and without any action by the Shadow Team I voluntarily back down outta some sense of good. TBH Im more of a mad renegade…

I gotta say that I dont really regard the above Q I posed as FUD.
It would be wise to have in place counter-measures against the sort of attacks that compromised TOR. As I also said it applies to all crypto-currencies, altho due to the MN infrastructure and the depth of ur Team it (maybe) behooves u to plan for such attacks.

At the very least I asked why cant you have MN's for 500DRK? Or 250? More MN's better, right?

Anyway bigrcanada, you were very polite. Thanks. I shall return the favor and politely go away - altho Id really be interested in some answers to my Q's and will keep reading…
thanks

pax romanus

It is not just about having loads of masternodes, the 1000 DARK is about making it a meaningful investment / commitment to the project. 250 Dark would be too low especially at current prices, maybe in the future that would change.

[stray]

Those questions are mostly speculation based on "vague feelings" of how something "may" be broken without anything concrete behind it.
Darkcointalk would be a much better utilization of your time if you would like a serious reply.