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

[wpalczynski]

So the lead dev has a private key which lets him control all the MasterNodes? Why does he need to control all MasterNodes? In the future, will he be in control or is this just temporary and if so how long will this continue?

No, he does not. There is a private key for engaging the spork but that's it. This allows us to prevent forks for the time being while bugs are getting troubleshooted on mainnet when new features get rolled out.

If he chose to for whatever reason, could he crash/stop/impede the DRK network with this "masterkey"?  What exactly does this key allow him to do?

He is refering to the Spork, is a message that is send out to the network so that you can activate, deactivate a hard fork. It works similar to the way alerts work in BTC. Is probably one of the coolest things on DASH/DRK and he chooses to troll about it. It poses absolutely no risk and gives no power, it just allows a mature network to innovate and do hard fork after hard fork in the name of progress, like DRK has been doing to implement its features.

From the OP:

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.

Thanks for the answer.  

With other coins, should the community (read miners and masternodes) choose not to accept whatever new aspect the developer(s) are trying to implement in the existing coins code they could simply not upgrade to the latest version put out by developers and run the current version of the code as they have done since the last update they agreed to apply.  This would allow the network to continue to operate normally although perhaps temporarily without the support of the developers since they could not reach a consensus with the miners.

I am understanding from your answer, if I understood correctly, that this Spork would in no way provide the DRK dev with the ability of subverting the miners ability to operate as is without accepting and applying the new code?

Basically if the DRK dev tried to implement a code change which was greatly unpopular among the community, miners, etc. this Sprok could not be used in any way to force everyone (miners, masternodes)  to accept these unpopular changes?

Thanks in advance.

Well, the same logic applies as in the Bitcoin example you made: If the miners don't like the new version, they won't install it, and thus there will be nothing for the key to activate

But this private key/backdoor/troubleshooting tool is already imbeded in the DRK architecture.  I'm trying to understand this.  Could you please provide a binary answer to my last question?

It's exactly the same as the Bitcoin network, it's like the developers adding a hardfork, the miners must support it. The only difference is it can be reversed back to the prior way the code was before the hardfork without an update.

There's no magic key that allows debugging or anything like you're saying.

Thanks for your answer eduffield.  I can count on one hand the amount of DRK members here who are willing to sincerely answer questions about DRK without accusing people of trolling, being illiterate and other ad hominem attacks.

I understand it now.  Its just a tool for rolling back an unsuccessful update automatically and centrally rather then trying to reach out to each individual node and co-ordinating the effort.

[pookielax31]

So the lead dev has a private key which lets him control all the MasterNodes? Why does he need to control all MasterNodes? In the future, will he be in control or is this just temporary and if so how long will this continue?

No, he does not. There is a private key for engaging the spork but that's it. This allows us to prevent forks for the time being while bugs are getting troubleshooted on mainnet when new features get rolled out.

If he chose to for whatever reason, could he crash/stop/impede the DRK network with this "masterkey"?  What exactly does this key allow him to do?

He is refering to the Spork, is a message that is send out to the network so that you can activate, deactivate a hard fork. It works similar to the way alerts work in BTC. Is probably one of the coolest things on DASH/DRK and he chooses to troll about it. It poses absolutely no risk and gives no power, it just allows a mature network to innovate and do hard fork after hard fork in the name of progress, like DRK has been doing to implement its features.

From the OP:

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.

Thanks for the answer.  

With other coins, should the community (read miners and masternodes) choose not to accept whatever new aspect the developer(s) are trying to implement in the existing coins code they could simply not upgrade to the latest version put out by developers and run the current version of the code as they have done since the last update they agreed to apply.  This would allow the network to continue to operate normally although perhaps temporarily without the support of the developers since they could not reach a consensus with the miners.

I am understanding from your answer, if I understood correctly, that this Spork would in no way provide the DRK dev with the ability of subverting the miners ability to operate as is without accepting and applying the new code?

Basically if the DRK dev tried to implement a code change which was greatly unpopular among the community, miners, etc. this Sprok could not be used in any way to force everyone (miners, masternodes)  to accept these unpopular changes?

Thanks in advance.

Well, the same logic applies as in the Bitcoin example you made: If the miners don't like the new version, they won't install it, and thus there will be nothing for the key to activate

But this private key/backdoor/troubleshooting tool is already imbeded in the DRK architecture.  I'm trying to understand this.  Could you please provide a binary answer to my last question?

It's exactly the same as the Bitcoin network, it's like the developers adding a hardfork, the miners must support it. The only difference is it can be reversed back to the prior way the code was before the hardfork without an update.

There's no magic key that allows debugging or anything like you're saying.

Thanks for your answer eduffield.  I can count on one hand the amount of DRK members here who are willing to sincerely answer questions about DRK without accusing people of trolling, being illiterate and other ad hominem attacks.

I understand it now.  Its just a tool for rolling back an unsuccessful update automatically and centrally rather then trying to reach out to each individual node and co-ordinating the effort.

exactly

[cAPSLOCK]

Bah. This is silly.  Don't deceive yourself.

You are definitely being trolled here, but I see no real connection to XMR.  Seriously.  The only person I recognize from any XMR threads is IceBreaker, and no offense to him, but I think I remember him being accused of trolling in the main XMR thread.

Many folks like me, who are certainly Monero supporters are also interested in this project for various reasons.  The ones I know who lurk or post here are not trolling you.

Don't let silly conspiracy nonsense cloud your mind.  Trolls are trolls most of the time.  That simple.

Thanks for this. That is exactly what I have been saying, that trolls are a problem for both the community they troll and the one they claim to represent. No reasonable person wants to be represented in such a way. So we should try to fight trolling itself, not each other.

One other quick point. 

Trolling is not ALL bad.  It is not a black and white thing.  Aside from galvanizing a community it can also be a playful result of healthy competition.  DRK and XMR are most certainly competitors for a theoretical market share.  In the end one will most likely surpass the other.  A little punch and jab now and then isn't bad for either.

This thread is suffering an amazingly low signal/noise due to trolling though.  Too much IMO.  And though I do not represent Monero in any way, and I am in no way saying Monero's community is to blame for it, I am sorry this is happening here.

[sangoku]

The lead dev has a private key which lets him control all the MalwareNodes.

TRUE or FALSE?

It's true, and you don't even bother denying or justifying it.

False. It turns enforcement on/off that's it. It's kind of useful when you have the kind of massive updates we have.

No, true.  "Control" means having the power to turn something off.

Satoshi never had a doomsday key to turn off errant Bitcoin nodes.  So why does Duff need a kill switch for MalwareNodes?  

Because "massive updates?"  Many coins have massive updates, but only one pretends trusting their Dear Leader with unfettered discretion is a Good Idea.

Talk about centralized trusted 3rd parties.  DASH is digital trash.

DASH = Duffield's Cash

MOUAHAHAHHAHAHAHAHAA +1000000000000

[iCEBREAKER]

the same logic applies as in the Bitcoin example you made: If the miners don't like the new version, they won't install it, and thus there will be nothing for the key to activate

But this private key/backdoor/troubleshooting tool is already imbeded in the DRK architecture.  I'm trying to understand this.  Could you please provide a binary answer to my last question?

Duff's embedded off-switch/backdoor is a feature, not a bug.

MalwareNodes are still trustless, even if one dude (or anyone who gets his private boss key) can arbitrarily disable them.

17% ROI isn't an HYIP Ponzi scheme.  It's completely sustainable, and guaranteed to be even more profitable in the future.

*SLASH SARCASM*

I'm a real darkcoin supporter but changing the name to Dash is a really stupid move......

The really stupid move is trusting your personal property to a HYIP scheme with an embedded "feature" giving one dude control of your assets.

The Dash rebranding is by comparison absolutely brilliant.

[GhostPlayer]

I'm a real darkcoin supporter but changing the name to Dash is a really stupid move......

 One full year LTB ignores us.

 One day we announce the name change

 "Next" day, prime-time LTB.

 That should be a good gauge...

[r4vani]

I'm a real darkcoin supporter but changing the name to Dash is a really stupid move......

Change your mindset if you really darkcoin/DASH supporter

[Rux]

I'm a real darkcoin supporter but changing the name to Dash is a really stupid move......

 One full year LTB ignores us.

 One day we announce the name change

 "Next" day, prime-time LTB.

 That should be a good gauge...

you had to be stupid not to see what is going on after this

i dont own to much, but im proud of EVAN

[bluebit25]

How much profit can I make per day mining DRK on a Macbook Pro with 16GB of RAM and NVIDIA GeForce GT 650M 1024 MB? Is it even worth it?

[Kai Proctor]

I'm a real darkcoin supporter but changing the name to Dash is a really stupid move......

Yeah right a name change is dramatic...  If they change the main font of the website too I will sell all my coins ! I bought for the Arial font not the tech.

[PoS]

The really stupid move is trusting your personal property to a HYIP scheme with an embedded "feature" giving one dude control of your assets.

Any bank is a thousand times more secure than this Trash, will be fun to watch when it shits itself.

[Rux]

How much profit can I make per day mining DRK on a Macbook Pro with 16GB of RAM and NVIDIA GeForce GT 650M 1024 MB? Is it even worth it?

no profit with that sorry

you would just burn your laptop

[etoque]

How much profit can I make per day mining DRK on a Macbook Pro with 16GB of RAM and NVIDIA GeForce GT 650M 1024 MB? Is it even worth it?

no profit with that sorry

you would just burn your laptop

ahah 

[Minotaur26]

Bah. This is silly.  Don't deceive yourself.

You are definitely being trolled here, but I see no real connection to XMR.  Seriously.  The only person I recognize from any XMR threads is IceBreaker, and no offense to him, but I think I remember him being accused of trolling in the main XMR thread.

Many folks like me, who are certainly Monero supporters are also interested in this project for various reasons.  The ones I know who lurk or post here are not trolling you.

Don't let silly conspiracy nonsense cloud your mind.  Trolls are trolls most of the time.  That simple.

Thanks for this. That is exactly what I have been saying, that trolls are a problem for both the community they troll and the one they claim to represent. No reasonable person wants to be represented in such a way. So we should try to fight trolling itself, not each other.

One other quick point. 

Trolling is not ALL bad.  It is not a black and white thing.  Aside from galvanizing a community it can also be a playful result of healthy competition.  DRK and XMR are most certainly competitors for a theoretical market share.  In the end one will most likely surpass the other.  A little punch and jab now and then isn't bad for either.

This thread is suffering an amazingly low signal/noise due to trolling though.  Too much IMO.  And though I do not represent Monero in any way, and I am in no way saying Monero's community is to blame for it, I am sorry this is happening here.

Well I think one big difference is we have a very active separate forum close to 2600 members right now where a lot of the more constructive discussion happens. While Monero still relies on this forum for the most part. I know you guys have a separate forum but it does not seem to be very active.  But yes lately the BCT thread has been unusually noisy, but that always happens during big changes and such and it was expected after our recent decision to rebrand. It should get back to normal soon.

[Sub-Ether]

How much profit can I make per day mining DRK on a Macbook Pro with 16GB of RAM and NVIDIA GeForce GT 650M 1024 MB? Is it even worth it?

I have mined on the Nvidia gt650M with a windows laptop and I would say it was only worth mining darkcoin during the first 3 or 4 weeks of GPU sgminer release back in Febrary-March 2014.
Be warned, it will over heat your laptop, especially if you mine on 4 cpu cores at the same time.
Your coin payback is nowhere near in cost compared how much you're going to wear out your laptop's longevity, the soldering on graphics chips in laptops tends to unsolder with heat and its a tricky if not impossible repair without appropiate heat guns -you have been warned!

[oblox]

I thought the LTB interview went exceptionally well.

[Rux]

How much profit can I make per day mining DRK on a Macbook Pro with 16GB of RAM and NVIDIA GeForce GT 650M 1024 MB? Is it even worth it?

no profit with that sorry

you would just burn your laptop

ahah 

but he can allways take some 750ti and mine with low power consumption

[Jesse Livermore]

Bullish charts across all timeframes.....BUY BUY BUY

Double bottom potentially made on daily and all shorter timeframe charts.
3-day chart showing this decline has declining volume now.
1-week chart showing same thing.

Overall 0.097 is main support for this. 0.0107 looks to be main resistance followed by 0.0115.

I no longer trade my holdings but if I did I'd be very long right here with a stop at 0.0096 and initial target of 0.0107, longer-term initial target of 0.0135.
JL

Double bottom successfully in place now. 0.0107 reached and breached as well. 0.0115 next target.

0.0122 is next target. The risk-reward for short-term traders is getting heavy on the 'risk' side though what-with major support down at 0.01 and minor support at 0.0109.
Overall longterm volume says that 0.01 was likely the low for some time to come though so maybe the 'risk' side comes with a low probability of likelihood versus the reward here, which has a much higher likelihood.
JL

[GhostPlayer]

I thought the LTB interview went exceptionally well.

Yup, really great !!

[Rux]

I thought the LTB interview went exceptionally well.

Yup, really great !!

that went good, especialy i liked when Evan said... i didnt go with Darkcoin because of criminal activities, its simple... you cant see shit in Dark