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

[toknormal]

Is there any rush to upgrade from 11.9 to 11.10 masternodes ?

[coins101]

snip....
Oh I understand how they're going to spend it.    -  Just a bit unclear on how they're going to, you know, earn anything...

% of transactions. They are a variant on an exchange, like Gox and MintGox

[thelonecrouton]

No, I have no idea either, but you don't get the sort of pedigree corporates and high-net-worth individuals involved if they don't have some pretty serious plans. That's what I'm saying, to just make a disparaging remark and a condescending "flick-away" is ignorant in the face of the companies and personnel taking part. DFJ Growth (who're known for investing in disruptive technology startups), Andreessen Horowitz, Union Square Ventures, Ribbit Capital, the NYSE, BBVA (the Spanish bank), DoCoMo Capital (part of NTT, the huge Japanese telco) and they've taken personal investments from former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer.

Aha, am I supposed to bow down in respect to a grand list thieves? Idiots like these are why the world economy is a farce of leveraged funny money backed by communal delusion and a death spiral of central bank market rigging and QE.

[thelonecrouton]

snip....
Oh I understand how they're going to spend it.    -  Just a bit unclear on how they're going to, you know, earn anything...

% of transactions. They are a variant on an exchange, like Gox and MintGox

Well that's a business model worth throwing money at right there! 

[coins101]

snip....
Oh I understand how they're going to spend it.    -  Just a bit unclear on how they're going to, you know, earn anything...

% of transactions. They are a variant on an exchange, like Gox and MintGox

Well that's a business model worth throwing money at right there!  

To be honest, these sorts of deals and growth ambitions should be welcomed. They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system which has built a backbone that is hard to replicate and you have to pay a lot to use it.

That's why Ripple is doing well - its allowing small banks to connect globally without having to go through larger banks.

[balu]

Good to see all the recent developments and the minor price increase as well.

While a quick price surge would be unfounded at the moment, it would give some great publicity - and since the fundamentals of DRK are WAY stronger compared to May 2014, i guess many more would stick with the coin for long term.

So this is a rare scenario where I believe a quick surge would be more beneficial than a healthy steady growth. Not that my opinion makes a difference in the actions taken on the market - I'll just sit back hoping.
Did my part by converting all LTC of mine to DRK.

[RenegadeMan]

snip....
Oh I understand how they're going to spend it.    -  Just a bit unclear on how they're going to, you know, earn anything...

% of transactions. They are a variant on an exchange, like Gox and MintGox

Well that's a business model worth throwing money at right there!  

To be honest, these sorts of deals and growth ambitions should be welcomed. They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system which has built a backbone that is hard to replicate and you have to pay a lot to use it.

That's why Ripple is doing well - its allowing small banks to connect globally without having to go through larger banks.

+1

They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system

Lonecrouton this is what I'm getting at. Yes they're part of the regular financial world with all its funny money, boys' clubs, Wall Street corruption, etc. But this represents a large amount of investment money coming into crypto. It can only be good in the long run because a whole lot of new people (many thousands) that the regular crpto world would never have reached are going to be exposed to what this is all about.

[RenegadeMan]

Good to see all the recent developments and the minor price increase as well.

While a quick price surge would be unfounded at the moment, it would give some great publicity - and since the fundamentals of DRK are WAY stronger compared to May 2014, i guess many more would stick with the coin for long term.

So this is a rare scenario where I believe a quick surge would be more beneficial than a healthy steady growth. Not that my opinion makes a difference in the actions taken on the market - I'll just sit back hoping.
Did my part by converting all LTC of mine to DRK.

Did my part by converting all LTC of mine to DRK.

Very wise move. Nice to see someone who was in LTC seeing the Dark. Expect there'll be many more.

[illodin]

snip....
Oh I understand how they're going to spend it.    -  Just a bit unclear on how they're going to, you know, earn anything...

% of transactions. They are a variant on an exchange, like Gox and MintGox

Well that's a business model worth throwing money at right there! 

Just wait until people have deposited 2x your amount of investment in coins (or whatever your target exit win% is) and claim "hack". Very profitable.

[thelonecrouton]

snip....
Oh I understand how they're going to spend it.    -  Just a bit unclear on how they're going to, you know, earn anything...

% of transactions. They are a variant on an exchange, like Gox and MintGox

Well that's a business model worth throwing money at right there!  

To be honest, these sorts of deals and growth ambitions should be welcomed. They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system which has built a backbone that is hard to replicate and you have to pay a lot to use it.

That's why Ripple is doing well - its allowing small banks to connect globally without having to go through larger banks.

+1

They are going around the world educating people about an alternative way to do cross-border transactions without having to go through the banking system

Lonecrouton this is what I'm getting at. Yes they're part of the regular financial world with all its funny money, boys' clubs, Wall Street corruption, etc. But this represents a large amount of investment money coming into crypto. It can only be good in the long run because a whole lot of new people (many thousands) that the regular crpto world would never have reached are going to be exposed to what this is all about.

I'm not unhappy that they are spending the money, I just wish I knew how coinbase sold them the deal.

Can you imagine what Evan could do with a fraction of that? 'Hey crooks, give us a bit of funding and you and your sociopath corporate brethren can have a perfectly anonymous means of shuffling your loot about instead of just a fancier web wallet for a traceable currency...'  

[kiindje]

guys,

is there anyone who can point me to an understandable guide of the start-many setup?

i understand that this should now work properly?

although i haven't found a thread yet where this is well explained.

tx

It works perfectly, and is very easy. Instructions are in the download archive, look for /src/darkcoin.version-number/doc/masternode_conf.md

In short:
1. Import your existing privkeys into a new or an existing wallet. Preferably a new up to date wallet.
2. Make a textfile called masternode.conf, structure it according to the directions in masternode_conf.md
3. Unlock your wallet with 'walletpassphrase <passphrase> <time-in-seconds>' and issue 'masternode start-many' at the console.

thanks for the explanation!

i think i almost got it, though i have some follow up questions, because i keep having an error :

- the error is : options configuration file contains an invalid line 'the mn1 details' only use the key = value syntax (what am i doing wrong here) i used the alia,IP + port, mn privkey, collateral output tx id and index (they are all index 0)
- is it possible to have like 3 mn setup in your wallet for which you can use the start-many command and also have like 2 or 3 receiving addresses which are not meant for masternodes? or does this have to be a wallet with solely the private keys of the public addresses with 1K DRK each on it?

thanks in advance for your guidance

[sangoku]

prophet said: i see 0.016 until end of week

let there be rain

Dream...

0.016 before instantX
after that we have to disconnect the price from btc, because btc is the real altcoin then...

What's the date for InstantX ?

[thelonecrouton]

guys,

is there anyone who can point me to an understandable guide of the start-many setup?

i understand that this should now work properly?

although i haven't found a thread yet where this is well explained.

tx

It works perfectly, and is very easy. Instructions are in the download archive, look for /src/darkcoin.version-number/doc/masternode_conf.md

In short:
1. Import your existing privkeys into a new or an existing wallet. Preferably a new up to date wallet.
2. Make a textfile called masternode.conf, structure it according to the directions in masternode_conf.md
3. Unlock your wallet with 'walletpassphrase <passphrase> <time-in-seconds>' and issue 'masternode start-many' at the console.

thanks for the explanation!

i think i almost got it, though i have some follow up questions, because i keep having an error :

- the error is : options configuration file contains an invalid line 'the mn1 details' only use the key = value syntax (what am i doing wrong here) i used the alia,IP + port, mn privkey, collateral output tx id and index (they are all index 0)
- is it possible to have like 3 mn setup in your wallet for which you can use the start-many command and also have like 2 or 3 receiving addresses which are not meant for masternodes? or does this have to be a wallet with solely the private keys of the public addresses with 1K DRK each on it?

thanks in advance for your guidance

Check the formatting, make sure it's exactly as in the example, single whitespace between each entry, no spare lines/tabs/spaces.

And yes you can have a day-to-day address or whatever else in the same wallet, just make sure when you are sending funds that you select inputs from the day-to-day address (use coin control) so that you don't inadvertently break a Masternode by sending from one of the 1000DRK collateral lumps.

[kointrend]

prophet said: i see 0.016 until end of week

let there be rain

Dream...

0.016 before instantX
after that we have to disconnect the price from btc, because btc is the real altcoin then...

What's the date for InstantX ?

only evan knows that. He is still in DS Mode for the next days, i think.

After launched 11.0.10, Evan wrote "I'm officially moving onto finishing implementation of InstantX, expect more great things in the near future " 

[balu]

otoh, please move your walls to 68 ! 

If the price of DRK depends on 1-2 people that's quite sad for us all. It's also bad for the currency if 1 holder has such a significant share (no offense).

I'm all for a price surge, but counting on 1 person to buy all available on the market is not the way to do it.

[toknormal]

If the price of DRK depends on 1-2 people that's quite sad for us all. It's also bad for the currency if 1 holder has such a significant share (no offense).

I'm all for a price surge, but counting on 1 person to buy all available on the market is not the way to do it.

+1

Adoption is what's needed, not one-man walls.

[LucD88]

I seem to have made a little mistake while setting up my 7th MN. I used the wrong privkey in the MN itself and the masternode.conf file. So I edited the privkey in both the MN and the masternode.conf file, and restarted everything. Is this even possible?

The MN Ninja is showing a balance of 0, and the wallet address doesn't exist according to the network.

....

Anyone?

Apparently it's not working, I'm doing the steps all over again. Much less hassle!

[BiteMyShinyMetalAss]

otoh, please move your walls to 68 ! 

If the price of DRK depends on 1-2 people that's quite sad for us all. It's also bad for the currency if 1 holder has such a significant share (no offense).

I'm all for a price surge, but counting on 1 person to buy all available on the market is not the way to do it.

yep, that's true. also i don't think it's only otoh that has driven the market in the last days, darksend is bulletproof now and instantX is comming.
otoh is protecting us from the p&d boys, btc is rising, ltc is nearly dead (sorry), that's ok for the moment...

Ootoh is not protecting nor caring of anything or anyone, he is just making money and looking his own interest and his own agenda. You guys should not celebrate him... Monopoly is never good.

[RenegadeMan]

If the price of DRK depends on 1-2 people that's quite sad for us all. It's also bad for the currency if 1 holder has such a significant share (no offense).

I'm all for a price surge, but counting on 1 person to buy all available on the market is not the way to do it.

+1

Adoption is what's needed, not one-man walls.

Mmmm....yes....all this interaction with Otoh is all good and cute but when he decides he's going to exit to the tune of similar amounts of DRK as he has orders in at the moment, it's not going to be pretty. It will be whale-dumping-from-hell that will potentially make some of the previous dumps (a la Internet Ape, Ryan Kennedy-Mintpal/Moolah) look tame. People will be screaming and cursing....but that's the nature of having a very big player like he is in your market; when they want to leave, lots of others will decide the party's over too and head for the exits all at the same time. The result: price collapse. That's the reality of what we're all invested in here and everyone needs to realise it.

(I mean no offence to you Otoh; I'm sure you're a hell of a nice guy I'd enjoy talking with. Just highlighting the reality of the situation and that your affairs could change resulting in your desire to exit at some point and it will impact the market dramatically; no two ways about it)

[kiindje]

guys,

is there anyone who can point me to an understandable guide of the start-many setup?

i understand that this should now work properly?

although i haven't found a thread yet where this is well explained.

tx

It works perfectly, and is very easy. Instructions are in the download archive, look for /src/darkcoin.version-number/doc/masternode_conf.md

In short:
1. Import your existing privkeys into a new or an existing wallet. Preferably a new up to date wallet.
2. Make a textfile called masternode.conf, structure it according to the directions in masternode_conf.md
3. Unlock your wallet with 'walletpassphrase <passphrase> <time-in-seconds>' and issue 'masternode start-many' at the console.

thanks for the explanation!

i think i almost got it, though i have some follow up questions, because i keep having an error :

- the error is : options configuration file contains an invalid line 'the mn1 details' only use the key = value syntax (what am i doing wrong here) i used the alia,IP + port, mn privkey, collateral output tx id and index (they are all index 0)
- is it possible to have like 3 mn setup in your wallet for which you can use the start-many command and also have like 2 or 3 receiving addresses which are not meant for masternodes? or does this have to be a wallet with solely the private keys of the public addresses with 1K DRK each on it?

thanks in advance for your guidance

Check the formatting, make sure it's exactly as in the example, single whitespace between each entry, no spare lines/tabs/spaces.

And yes you can have a day-to-day address or whatever else in the same wallet, just make sure when you are sending funds that you select inputs from the day-to-day address (use coin control) so that you don't inadvertently break a Masternode by sending from one of the 1000DRK collateral lumps.

formatting is exactly the same

conf file looks like this currently:
mn1 54.201.192.114:9999 7sPNxbVThiJwCKusGNLqsopE7HAAJ5yZNBZKjfWNEgMpZdjiSA9
defe770ef1ee1977efc84b08d817502b65d18a22dbb8ec5e54681196044ffd6b 0
mn2 54.186.228.115:9999 7sMqM5HxamJRx3k6kLcHnLTuSLyeKDcHiL1nJ1CaFU6ZWJsbCMB
c466666faf0e87b90f4a805613bd349930fb5bc80188ee758e6f6937ba3cd383 0


is there anything more besides this that i need to add?