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

[BrainShutdown]

I love to circle jerk!

So do I

Count me in!

Well that explains why you didn't mine DRK in the early days...

No need to get nasty and fabricate posts just because your bag is getting really heavy.

Far from it... just messing around... carry on!

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[AdamWhite]

INSTAMINE ALERT

Attention: The scam developers and close insiders instamined 2+ million DRk in the first 48 hours.

SCAM IN PROGRESS

TWAT ALERT

Attention: There was no deliberate instamine and early mined coins were fairly redistributed. ANYONE had the opportunity to buy as much DRK as they wanted for DUST during the early months of this coin.

TROLLING IN PROGRESS

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

[the-baker]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

I don't know if you have ever developed any piece of software, but let me tell you from personal experience: I have seen a lot worse than this, and I don't mean in some hobbyist open source project, but in real enterprise IT departments..

[aleix]

Internet Trolls Are Narcissists, Psychopaths, and Sadists
https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

more info:

https://bitcointalk.org/index.php?action=profile;u=216500;sa=showPosts;start=0

[AdamWhite]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

I don't know if you have ever developed any piece of software, but let me tell you from personal experience: I have seen a lot worse than this, and I don't mean in some hobbyist open source project, but in real enterprise IT departments..

That'd make for a pretty good slogan.

Darkcoin: "We aren't the WORST developers in existence"

I also don't see your IT department making claims like "We're going after the bitcoin market cap"

[the-baker]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

I don't know if you have ever developed any piece of software, but let me tell you from personal experience: I have seen a lot worse than this, and I don't mean in some hobbyist open source project, but in real enterprise IT departments..

That'd make for a pretty good slogan.

Darkcoin: "We aren't the WORST developers in existence"

Well, Mark Zuckerberg's motto in the beginning of Facebook was "move fast and break things". A popular slogan during the later part of the browser wars (when Chrom took over) was "Modern browsers ship". That is to say, Perfect is the enemy of good, and today, you need to get things out of the door or become irrelevant.

[majamina]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

Trust is earned over time - Evan has certainly earned the trust and respect of many investors and crypto enthusiasts, despite these ridiculous scam allegations.

Your efforts to discredit this coin will only cause potential investors to investigate it more closely. The intelligent folks who did that already are the ones who own masternodes.

[r4vani]

AdamWhite welcome to my ignore list 
anyone else to say bu|lshit about darkcoin? :|

[illodin]

So your argument is that the only problem with with a 2+ million coin instamine in the first 48 hours is that there's going to be some fud about it. Wow.

So you've had the whole day to explain why it will be a problem and still can't, but won't stop crying about it. Wow.

Lot of coins were mined in the beginning, coins are being mined still, and most of the coins are yet to be mined. So what is your point? You can't even come up with a coherent reason what is wrong with it except that you don't like it.

Please be specific, what is the concrete problem. People getting jelly for missing the launch is not a concrete problem. Will the coin stop working all of a sudden because a lot of coins were mined early? Is the wallet going to format your hard drive? Will the coins run out sooner? What?

[the-baker]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

Trust is earned over time - Evan has certainly earned the trust and respect of many investors and crypto enthusiasts, despite these ridiculous scam allegations.

Your efforts to discredit this coin will only cause potential investors to investigate it more closely. The intelligent folks who did that already are the ones who own masternodes.

About the trust thing: It's important to remember that we're talking about open source here. If ever some dev becomes a problem, you can always fork (programming term, not blockchain term) the repo and just cut him out. And what's more important, all the work is verifyable by anyone who is interested. Granted, you have to be able to read code (or pay someone to do it for you), but it's not like there are trade secrets or nondisclosures involved. So the room for trickery (and thus the amount of trust required) really isn't that big, and Evan isn't as all-powerful as you make him out to be.

[the-baker]

Absolutely ridiculous. There's no room for "good enough" when it comes to distribution of a multi-million dollar (de)centralized currency.

I'm sorry, but that statement really made me laugh. If you think good enough doesn't cut it for the distribution of a multi-million dollar currency, what's you view on the distribution of a multi-trillion dollar currency, like, say the US dollar? :-)

[majamina]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

Trust is earned over time - Evan has certainly earned the trust and respect of many investors and crypto enthusiasts, despite these ridiculous scam allegations.

Your efforts to discredit this coin will only cause potential investors to investigate it more closely. The intelligent folks who did that already are the ones who own masternodes.

Absolutely ridiculous. There's no room for "good enough" when it comes to distribution of a multi-million dollar (de)centralized currency. You think the instamine was an accident? I don't buy it, and neither do most intelligent people who've been in this game long enough to know better.

This was a scam from day 1 and it will continue as such. No credibility, no trust. Just a centralized, instamined scam coin.

No it's not ridiculous. The 'instamine' allegation you flog to death is well documented and easy to research for potential investors. Investors like OTOH who have clearly 'been in the game long enough' and in light of their research take up major positions in DRK.

You have an agenda to discredit DRK. You likely either support a competing coin or are being paid to discredit DRK. Maybe the odd newbie or idiot will fall for it, but for the most part all you are doing is bumping this thread and compelling potential investors to investigate the coin in more detail. When they do that, they may well end up with masternodes, so thanks for helping to grow the network.

[wpalczynski]

Hey, did you guys ever read this?

Looking at this data, we see that Darkcoin was mined with 500 DRK generated per block from the get go. From block 1 to at least block 3250, according to their blockchain, they were still producing 500 coins each block. The transition from 500 to 277 coins per block occurs between 3250 and 3500 but this author did not see the necessity of getting the exact moment of halving. Simple math shows that 3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014. As of today there are around 5,189,094 DRK in existence, making this a pretty hefty instamine. The Darkcoin website expects around 22,000,000 DRK to be created. That means in less than 8 hours, over 7% of the Darkcoins that ever will be created spawned in that 1/3 of a day. It's safe to say Darkcoin has left it's investors in the dark on this one.

[majamina]

Hey, did you guys ever read this?

Looking at this data, we see that Darkcoin was mined with 500 DRK generated per block from the get go. From block 1 to at least block 3250, according to their blockchain, they were still producing 500 coins each block. The transition from 500 to 277 coins per block occurs between 3250 and 3500 but this author did not see the necessity of getting the exact moment of halving. Simple math shows that 3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014. As of today there are around 5,189,094 DRK in existence, making this a pretty hefty instamine. The Darkcoin website expects around 22,000,000 DRK to be created. That means in less than 8 hours, almost 5% of the Darkcoins that ever will be created spawned in that 1/3 of a day. It's safe to say Darkcoin has left it's investors in the dark on this one.

Hey, did you ever read this?

Was Darkcoin Instamined?

~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued.

The majority of these coins were distributed through the market in the following weeks and months at very low price levels* (0.0000x BTC per DRK to 0.000x BTC per DRK) and a lot of them were also absorbed in the April/May 2014 price increase.

• Examples of prices and selling action almost two weeks after launch:

https://bitcointalk.org/index.php?topic=421615.msg4861558#msg4861558

https://bitcointalk.org/index.php?topic=421615.msg4889177#msg4889177

• Forum member coins101 did a blockchain analysis of Darkcoins distribution as of September 2014:

https://bitcointalk.org/index.php?topic=778616.0

[iCEBREAKER]

- Apple is a global brand owned by Apple Inc. apple is an English noun for a certain type of fruit.
- Dash is a global brand owned by Procter & Gamble.

When Darkcoin wants to be the global brand named "Dash", there will be be at least some confusion.

A more on point example would be the contrast between Apple Computer and Apple Records (The Beatles' label).

In a settlement with the record company, Apple Computer originally agreed to never enter the music business to avoid confusion.

But Apple Computer can do anything it wants, because the whore judges in the US kiss its ass.

EG, when Diamond made the Rio that was not OK, because mp3 = piracy.  But when Apple made the Ipod, that was just fine, according to Judge Patel.

There is zero overlap between Dash the soap and Dash the cryptocoin and thus no potential confusion or brand dilution.  So P&G can't do much except give Dash free publicity via the Streisand Effect, if they choose to make noise about it.

Darkcoin was a silly name only beloved by trenchcoat-wearing basement-dwelling neckbeards.

Darkcoin sounds too much like Dorkcoin and Darkon, which is the dorkiest mega-nerd thing ever:



Dash effectively conveys the swiftness of the network's instant transactions over any distance.

Dash will get VC investment and retail use that Darkcoin never will.

It's time for Darkcoin to grow up, and Evan has shown great leadership in being decisive with this well-considered rebranding effort.

[megges]

Hey, did you guys ever read this?

Looking at this data, we see that Darkcoin was mined with 500 DRK generated per block from the get go. From block 1 to at least block 3250, according to their blockchain, they were still producing 500 coins each block. The transition from 500 to 277 coins per block occurs between 3250 and 3500 but this author did not see the necessity of getting the exact moment of halving. Simple math shows that 3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014. As of today there are around 5,189,094 DRK in existence, making this a pretty hefty instamine. The Darkcoin website expects around 22,000,000 DRK to be created. That means in less than 8 hours, over 7% of the Darkcoins that ever will be created spawned in that 1/3 of a day. It's safe to say Darkcoin has left it's investors in the dark on this one.

investors left behind? left in the dark? TROLL

only inverstors who before the blockreward was corrected couldn't know about, but hey they made fucking great profit, nothing to complain.

you could have bought in, too, you havent, so you are the one who left yourself behind!

everyone who invested before the blockreward was fixed, is probably now much much more than 1000% in the positiv, so how are the investors from the beginning are tricked or left behind?

The ones who bought for higher prices, after blcokreward changed, could easily check the blockchain to see what was going on, whoever invests without his own research, is not left behind, its just stupidity! (Even if you cant read a blockchain, just read this thread, or the faqs, the info of the blockreward adjustment was all over.)

loling my ass of of these arguments

[will7am]

The incompetence argument is no better. So you're going to trust a developer that doesn't even test his code and fucks up a launch with your anonymity. Good plan!

Trust is earned over time - Evan has certainly earned the trust and respect of many investors and crypto enthusiasts, despite these ridiculous scam allegations.

Your efforts to discredit this coin will only cause potential investors to investigate it more closely. The intelligent folks who did that already are the ones who own masternodes.

Absolutely ridiculous. There's no room for "good enough" when it comes to distribution of a multi-million dollar (de)centralized currency. You think the instamine was an accident? I don't buy it, and neither do most intelligent people who've been in this game long enough to know better.

This was a scam from day 1 and it will continue as such. No credibility, no trust. Just a centralized, instamined scam coin.

Adam, did (do?) you get bullied in school for having moles and wonky eyes?  There has to be a reason for your butthurt.  

[Lebubar]

Please, stop quoting them, don't engage them in endless oneway discution.

You didn't learn at school : "Don't quote the trolls"

[coins101]

-snip-

• Forum member coins101 did a blockchain analysis of Darkcoins distribution as of September 2014:

https://bitcointalk.org/index.php?topic=778616.0

I knew that would come in handy  

[toknormal]

Hey, did you guys ever read this?

Yeah. About 50 times.

One of the reasons I got into this coin is because it was the most transparent and straight up of the lot - even about the early mining issues. Everything I've experienced since then has only consolidated that view.

The fact that they had that early low difficulty issue is something people have to make their own minds up about. It's called a market. So I made my mind up about it and so did the rest of the market.