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

[UdjinM6]

How to calculate masternode profits ? Anyone ?

https://dashninja.pl/masternodes.html

Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.21 DASH/day (Last Refreshed: Thu Mar 26 2015 9:47:57 PM)

[1714770171]

1714770171

[oblox]

How to calculate masternode profits ? Anyone ?

https://dashninja.pl/masternodes.html

Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.21 DASH/day (Last Refreshed: Thu Mar 26 2015 9:47:57 PM)

That's not right though and hasn't been for months. It's roughly double that.

[Minotaur26]

How to calculate masternode profits ? Anyone ?

https://dashninja.pl/masternodes.html

Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.21 DASH/day (Last Refreshed: Thu Mar 26 2015 9:47:57 PM)

The estimate at elbereth's page is unfortunately wrong. Is better if you just make the calculation yourself. Here is how you do it. (When I did this the masternode count was at 2300 so make your own calculations.)

I will answer you in terms of DASH ROI, the value in FIAT will of course depend on the price.

Requirements

In order to run a Masternode, an investor needs to buy 1000 DRK/DASH as collateral. These coins remain in control of the investor, but he needs to put them into one of his addresses and associate that address with the node.  The network checks that the node is running and that the funds are not moved, this classifies as a valid Masternode and then it is eligible to get paid.  With each mined block on the network a Masternode from the active Masternode list is selected and gets a payment, when all masternodes on the list are paid, the payment cycle starts again.
When there are updates in the software the Masternode operators have 7 days to update to the latest version, after that, they are dropped from the active Masternode list and stop getting paid until they update.

DASH ROI

You can estimate like this:

- Currently Masternodes get 40% of the block reward.

- The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year.

- Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us

 ~Monthly masternode income = 13.97 DASH
 ~Current Minimum DASH Annual ROI = 17%*

*This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:



IMPORTANT:

-So in the end it will really be more than my estimation above as the reward share will continue to increase each month until it reaches 60% March 2016.  

-Having said that the number of Masternodes will also likely increase so I think it is safe to say tha the minimum annual return for a node in DASH should be around 20-25 %

-Now the return in FIAT could be a lot more if the coins appreciate in value year to year.

- Finally, and very important you always retain control of your 1000DASH and are able to liquidate them at any point you wish, you would then obviously just stop getting paid.

I really hopes this helps.

[I2S2SI]

is dash coin logo still the same as before.

We're not Dashcoin

https://bitcointalk.org/index.php?topic=678232.0

so were just DASH not dash coin. so the logo is whats on the op. thought it be in a coin

currently they (DASH devs) are very sensitive to the word "coin".....they keep on saying DASH is not a coin, so they cannot put it in a coin logo  

look at this, DASH should contact poloniex and tell them to have a separate box because DASH is not a coin lol     this is golden


therefore DASH are not making anything like these.

Dont think they like dash cams either

[WastedLTC]

http://www.vanikey.com/  added new Dash logo to homepage...    s p r e a d i n g!

[BigTimeProducer]

Lightning network eh?

Time is of essence. Participants have to give each other enough time to complete the transaction. If not, invalid transactions may pass off as valid, enabling coins to be stolen.

Additionally, the developers explain that it is unlikely that all participants are honest. If a malicious party creates various channels and makes them all expire at once, this would overwhelm data capacity and would mean that the transaction would have to broadcast on to the chain.

This "mass spamming" of the bitcoin network could potentially delay transactions to the point where other timelocked transactions are also validated.

Then there's the issue of connectivity. In this system, all parties must be online to use private keys. If someone's computer is comprised, counterparty theft may also take place.

The counterparty may also be able to steal funds if one of the participants losses data. This can be mitigated by installing a third-party data storage service where encrypted data gets sent to this third party service. Additionally, the white paper notes:

[innergy]

How to calculate masternode profits ? Anyone ?

Check my sig..

[jiggytom]

How to calculate masternode profits ? Anyone ?

Check my sig..

Good shit, haven't seen this before today.

[EfterlysT]

How to calculate masternode profits ? Anyone ?

https://dashninja.pl/masternodes.html

Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.21 DASH/day (Last Refreshed: Thu Mar 26 2015 9:47:57 PM)

The estimate at elbereth's page is unfortunately wrong. Is better if you just make the calculation yourself. Here is how you do it. (When I did this the masternode count was at 2300 so make your own calculations.)

I will answer you in terms of DASH ROI, the value in FIAT will of course depend on the price.

Requirements

In order to run a Masternode, an investor needs to buy 1000 DRK/DASH as collateral. These coins remain in control of the investor, but he needs to put them into one of his addresses and associate that address with the node.  The network checks that the node is running and that the funds are not moved, this classifies as a valid Masternode and then it is eligible to get paid.  With each mined block on the network a Masternode from the active Masternode list is selected and gets a payment, when all masternodes on the list are paid, the payment cycle starts again.
When there are updates in the software the Masternode operators have 7 days to update to the latest version, after that, they are dropped from the active Masternode list and stop getting paid until they update.

DASH ROI

You can estimate like this:

- Currently Masternodes get 40% of the block reward.

- The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year.

- Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us

 ~Monthly masternode income = 13.97 DASH
 ~Current Minimum DASH Annual ROI = 17%*

*This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:



IMPORTANT:

-So in the end it will really be more than my estimation above as the reward share will continue to increase each month until it reaches 60% March 2016.  

-Having said that the number of Masternodes will also likely increase so I think it is safe to say tha the minimum annual return for a node in DASH should be around 20-25 %

-Now the return in FIAT could be a lot more if the coins appreciate in value year to year.

- Finally, and very important you always retain control of your 1000DASH and are able to liquidate them at any point you wish, you would then obviously just stop getting paid.

I really hopes this helps.

Thanks !

[bluebit25]

Can a mac user help me out here? What is the path? The above path doesn't work

/Applications/Darkcoin-Qt.app/Contents/MacOS/Darkcoin-Qt

EDIT: so to rescan "/Applications/Darkcoin-Qt.app/Contents/MacOS/Darkcoin-Qt -rescan"

Just did a rescan, it didn't work, transaction still unconfirmed, why is an InstantX transaction taking forever to confirm?

[megges]

Can a mac user help me out here? What is the path? The above path doesn't work

/Applications/Darkcoin-Qt.app/Contents/MacOS/Darkcoin-Qt

EDIT: so to rescan "/Applications/Darkcoin-Qt.app/Contents/MacOS/Darkcoin-Qt -rescan"

Just did a rescan, it didn't work, transaction still unconfirmed, why is an InstantX transaction taking forever to confirm?

Is your DRK wallet connected? (i the bottom right side there should be the network status - if you hover with the mouse it should tell you if or how many connections are used.

[bluebit25]

Can a mac user help me out here? What is the path? The above path doesn't work

/Applications/Darkcoin-Qt.app/Contents/MacOS/Darkcoin-Qt

EDIT: so to rescan "/Applications/Darkcoin-Qt.app/Contents/MacOS/Darkcoin-Qt -rescan"

Just did a rescan, it didn't work, transaction still unconfirmed, why is an InstantX transaction taking forever to confirm?

Is your DRK wallet connected? (i the bottom right side there should be the network status - if you hover with the mouse it should tell you if or how many connections are used.

Yes, 8 active connections. But i only have my Dark wallet open. I can't have both wallets open on the same computer I think, I already tried it and it didn't work.

[bluebit25]

weird now it confirms, and all i did was open and close both of the wallets, why does it take so long to confirm? like 20 min or 30 min. Is it because the larger the transaction the longer it takes to confirm?

[megges]

weird now it confirms, and all i did was open and close both of the wallets, why does it take so long to confirm? like 20 min or 30 min. Is it because the larger the transaction the longer it takes to confirm?

I don't think this has anything to do with the blocktime or something else, it looks more like a local problem - lost connection or something, and didn't resubmit the transaction to the network or something like that.

So the transaction took 20-30 min before it was submited to the network. (perhaps after the restart ...)

Don't realy know but with the blockchain everything is ok, i got instant transaction like everytime

So glad it worked out, and you got your coins back in the new wallet.

[rickraw]

I think Mr. 2838 DRK on Cryptsy may be sorry in the near future.

[crowning]

How to calculate masternode profits ? Anyone ?

https://dashninja.pl/masternodes.html

Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.21 DASH/day (Last Refreshed: Thu Mar 26 2015 9:47:57 PM)

Correct calculations can always be found here: http://178.254.18.153/~pub/Dash/masternode_payments_stats.html

[splawik21]

Active masternodes: 2461

LOL, nice uptrend!

[UdjinM6]

I won't quote everyone who quoted me and gave the right calculations, I just want to thank everyone for doing this and say...

elb, Y U NO FIX IT?? ?? ??

[buy4crypto]

FreeDarkcoins.com has been updated with 5 great faucets! Sorry for my recent inactivity.

Check us out!

[UdjinM6]

... so most of your ssl certs are broken. eg dashtalk.org <- broken

dashpay.io has a mixture of secure and insecure elements. <- broken

good job on the rebranding of the name will help adoption of the coin into the main stream, but the web presence is hurting at best.

dashpay.io           -  fixed
typo in your post  -  fixed (don't thank me) 

Yay!
dashtalk.org         -  fixed (kudos to Propulsion I guess)