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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722649 times)
Shadey
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February 25, 2014, 12:56:32 AM
 #4541

What's goin on with http://pool.darkcoin.io/? 245 blocks later and we haven't found a single one?

DRK - Xq5o7AGBau1bL59fDuJpgcU6XQ6Fr6iHRm
BTC - 182pCAyuawff3ANB6FdifKBLcq5a7abFTh
LTC - LcpDzdX8v9s1JB2bHnb8bCoCKEckyxL9JU
The Golden Egg game Sponsor: https://thegoldenegg.co/users/Shadey?d27de3572
eduffield (OP)
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February 25, 2014, 12:56:44 AM
 #4542

Would be nice if Mintpal would let me withdrawal my BTC I requested like 2 days ago.

And how to withdrawal from official dark-coin pool? It just says Created new manual payout request with ID #1463 and nothing happens. ..

ditto. Something wrong there. (with offical darkcoin pool withdrawals)

The cron is just not running for some reason, I'll look into it.

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
tabnk
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February 25, 2014, 12:59:13 AM
 #4543

0.0014002 BTC NOW. BUY MORE !!!!!!!!!!! 
bigc1984
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February 25, 2014, 12:59:32 AM
 #4544

Darkcoin is now recovering it appears. Buying as much as I can while the price is low.

EDIT: CAN'T KEEP A GOOD COIN DOWN! Nice try sabotagers, the dark force is too strong.
drawing1211
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February 25, 2014, 01:02:10 AM
 #4545

Darkcoin is now recovering it appears. Buying as much as I can while the price is low.

150k dumped in a day by that lunatic and we are relatively stable, really great time to buy right now, just picked up some cheap coins, :-)
mannie
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February 25, 2014, 01:03:47 AM
 #4546

Seems like the guy may be trying to return the c-cex funds as we speak....maybe.

Support on ccex said that they got back some 14.000 DRK and are working to get the rest.

The "hacker" seems to write here also: https://bitcointalk.org/index.php?topic=485029



Even if he does return the coins I'm pretty annoyed. He has made DRK appear more volatile than it is and wiped some value off people's holdings.

I doubt all coins will be returned... if he was dumping them like he did, then it's possible that not even 1/2 of it will be found (in BTCs - as he was selling at a loss). I'm kind of sure actually that I'm gonna lose BTCs with the ccex story.

As for DRK, there are two ways to interpret the aftermath of the "D(a)RK anomaly day"... one is that DRK is volatile, and the other is that DRK is extremely resilient despite what happened. Trading at 0.0015-16 vs 0.0020 in very small exchanges, when people actually knew that there were periodic dumps down to 0.001, is really something.

If the "stealer" was the same dumper, then that means that the dumps are over with and cheap DRKs from stolen BTCs = over. From one perspective, it's actually good that there were these dumps, evenly distributing the coins to small buyers, otherwise this stockpile would be hanging over our head in the future.

I think it's still done some damage. Anyone who doesn't know about the coin and looks at the chart (http://coinmarketcap.com/drk_30.html) will see what looks like a major pump and dump. The chart would have looked like a normal sideways trade without it.
bigc1984
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February 25, 2014, 01:06:13 AM
 #4547

Seems like the guy may be trying to return the c-cex funds as we speak....maybe.

Support on ccex said that they got back some 14.000 DRK and are working to get the rest.

The "hacker" seems to write here also: https://bitcointalk.org/index.php?topic=485029



Even if he does return the coins I'm pretty annoyed. He has made DRK appear more volatile than it is and wiped some value off people's holdings.

I doubt all coins will be returned... if he was dumping them like he did, then it's possible that not even 1/2 of it will be found (in BTCs - as he was selling at a loss). I'm kind of sure actually that I'm gonna lose BTCs with the ccex story.

As for DRK, there are two ways to interpret the aftermath of the "D(a)RK anomaly day"... one is that DRK is volatile, and the other is that DRK is extremely resilient despite what happened. Trading at 0.0015-16 vs 0.0020 in very small exchanges, when people actually knew that there were periodic dumps down to 0.001, is really something.

If the "stealer" was the same dumper, then that means that the dumps are over with and cheap DRKs from stolen BTCs = over. From one perspective, it's actually good that there were these dumps, evenly distributing the coins to small buyers, otherwise this stockpile would be hanging over our head in the future.

I think it's still done some damage. Anyone who doesn't know about the coin and looks at the chart (http://coinmarketcap.com/drk_30.html) will see what looks like a major pump and dump. The chart would have looked like a normal sideways trade without it.

Who invests based off of those horrible charts alone? Smart investors investigate what they are investing in. Although there doesn't seem to be many smart investors in this field.

EDIT: check the exchanges. Numbers are completely recovering and becoming stable.
anonymousxx1503
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February 25, 2014, 01:09:47 AM
 #4548

Hi guys

When will the darksend be implemented?

Regards


DarkSend is coming along great, I've fixed all of the issues that were brought up during the last test and the last couple days I wrote up the anonmizing tech that lives in DarkSend. It looks like it's working great, so I should be announcing a test date where everyone can try it out soon.

Next DarkSend test, 100% of sent transactions will be anonymous. Looking forward to showing it off!


That's great to hear!

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash." - Child Harold - February 28, 2014
https://bitcointalk.org/index.php?topic=421615.msg5424980#msg5424980
mannie
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February 25, 2014, 01:21:18 AM
 #4549

Seems like the guy may be trying to return the c-cex funds as we speak....maybe.

Support on ccex said that they got back some 14.000 DRK and are working to get the rest.

The "hacker" seems to write here also: https://bitcointalk.org/index.php?topic=485029



Even if he does return the coins I'm pretty annoyed. He has made DRK appear more volatile than it is and wiped some value off people's holdings.

I doubt all coins will be returned... if he was dumping them like he did, then it's possible that not even 1/2 of it will be found (in BTCs - as he was selling at a loss). I'm kind of sure actually that I'm gonna lose BTCs with the ccex story.

As for DRK, there are two ways to interpret the aftermath of the "D(a)RK anomaly day"... one is that DRK is volatile, and the other is that DRK is extremely resilient despite what happened. Trading at 0.0015-16 vs 0.0020 in very small exchanges, when people actually knew that there were periodic dumps down to 0.001, is really something.

If the "stealer" was the same dumper, then that means that the dumps are over with and cheap DRKs from stolen BTCs = over. From one perspective, it's actually good that there were these dumps, evenly distributing the coins to small buyers, otherwise this stockpile would be hanging over our head in the future.

I think it's still done some damage. Anyone who doesn't know about the coin and looks at the chart (http://coinmarketcap.com/drk_30.html) will see what looks like a major pump and dump. The chart would have looked like a normal sideways trade without it.

Who invests based off of those horrible charts alone? Smart investors investigate what they are investing in. Although there doesn't seem to be many smart investors in this field.

EDIT: check the exchanges. Numbers are completely recovering and becoming stable.

I don't doubt the price will recover, I'm just saying it would be a lot better without it - hence being annoyed. People will investigate before buying DRK but I also think people look at the chart first before doing further investigation. That first look at the coin's price progress just got a little ugly thanks to the actions of one greedy person. In time that will all wash out with further gains but can't help being annoyed for now.

That being said, the future is bright for dark once DarkSend is active!
coins101
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February 25, 2014, 01:33:52 AM
 #4550

Sorry, noob question on Darkcoin.

Is this attempting the same solution as proposed by zerocoin?
AlexGR
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February 25, 2014, 01:35:56 AM
 #4551

Sorry, noob question on Darkcoin.

Is this attempting the same solution as proposed by zerocoin?

Nope.
socket
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February 25, 2014, 01:41:41 AM
 #4552

Sorry, noob question on Darkcoin.

Is this attempting the same solution as proposed by zerocoin?

Nope.

Zerocoin in it's current form isn't ready for primetime on a real blockchain.
tabnk
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February 25, 2014, 01:56:10 AM
 #4553

0.00139089 BTC. Getting worst  Embarrassed
TanteStefana
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February 25, 2014, 02:10:14 AM
 #4554

Seems like the guy may be trying to return the c-cex funds as we speak....maybe.
It sounds like the same guy that hacked XCP. He claimed he was a white hat, but after days never returned anything. Probably was just buying time to better cover his tracks. That hack was protocol level on XCP he extracted 35,000 XCP and deposited on Poloniex. Then sold it for BTC, then withdrew it leaving things in a big mess. Maybe he used some of that BTC for the market manipulations, but somehow got c-cex wallet?

Very scary stuff.

On a separate note, does anybody know if DRK supports multisig? If is is based on bitcoind fork, it should, but with all the wonderful changes, I am not sure if that still works with DRK.

If it does, I am working on a project you might all be interested in. It is an automated multisig gateway into NXT Asset Exchange. I am close to getting a proof of concept release done with DOGE. I know, I know. It was just cheap enough that I didnt mind if I lost it during testing. So I am using real DOGE on the NXT testnet.

Every exchange is part gateway and part centralized exchange. We know what can happen with centralization. One breach and ** poof ** all gone.

I have designed the automated gateway to do an atomic exchange when DOGE is deposited and NXT Asset is transferred. There is small risk that one of the gateways disappears with a pending deposit, but you can always just deposit in small increments, I handle multiple simultaneous deposits. Once it is inside the NXT Asset Exchange, you can trade DRK for NXT and also NXT for whatever other coins we support. All of the NXT Asset Exchange trades are done using decentralized network, so there is no single point of failure. The same protection that cryptos get applies to the NXT assets.

So, automated deposit, atomic conversion to NXT asset, decentralized trading of assets with NXT. What about withdrawal?

That is the best part! I read up on all the various cross chain transaction proposals, but I couldnt really understand them well enough to be confident that I was implementing it correctly. So, I chose to use multisig accounts for the gateways to store the deposits. Unlike with c-cex and all other centralized exchanges where you might not even know where they are storing the coins on deposit. Cold storage they say. Uh huh, how convenient. I wanted there to be a 100% verifiable account where the deposits are kept. Now, even if you know that the exchange's deposit account fully backs what you put in, what is to stop an exchange from simply taking off with a big balance? Or getting hacked? Same difference as far as customers are concerned.

Since bitcoind network supports 3 way multisig and I need to handle the case of one of the signers going missing, the first version uses 2 of 3 multisig. This means that there are three independent gateways, maybe fiercely independent competitors! No single gateway can touch the funds in the multisig deposit acct. It needs to get a co-signer for each and every withdrawal. So, as long as two independent gateway servers arent hacked at the same time, the multisig deposits are safe.

I want to add DRK to the multisig gateway, but I wanted to make sure it supports it.

NXT Asset Exchange is not released on mainnet yet, but it should be pretty soon, so I am scrambling to have the multisig gateway running by then. I think it would be great if two of the gateways was managed by the DRK community. I am envisioning operating the automated gateways as a non-profit. It really doesnt take much server resources, especially if you are already running darkcoind. I am writing all the code from scratch in C and it will be open source.

Once this is live, you will be able to trade DRK inside of NXT knowing that you will always be able to withdraw it to your private wallet. I will be making automated account balance monitoring bots so as soon as anything goes wrong, all withdrawals get suspended until it gets sorted out. I can also make it automatically cancel all the pending offers in the Asset exchange, so there is not much a thief can do. In the worst case, we can simply use a snapshot of everyone's balances (peer reviewed) just prior to the hack and simply recreate the exact balances for everyone with a newly issued asset. Whatever NXT asset was stolen wont be worth anything after the gateways switch to the new asset.

James

I think this would be great.  I don't understand it all, yet, but I do hope eduffield will see this Smiley

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eduffield (OP)
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February 25, 2014, 02:21:40 AM
 #4555

drk.coinmine.pl has over 71% of the network hash power.

Something needs to be done about this.  This has nothing to do with greed, it is just dangerous.

Pool.darkcoin.io is working now. I've confirmed it's paying shares, making payouts, finding blocks, etc. Come on back over!

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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February 25, 2014, 02:25:36 AM
 #4556

there are still some strange buy orders on Polo ?
if they are from the same guy, why are they still up ??
is he full of shi… or is Polo stupid ?

0.0017   1373.23942357   2.33450702
0.00182699   1767.458           3.22912809
0.001827   913.09132991   1.66821785
0.001844   905.61173366   1.66994803
0.00185   592.98409972   1.09702058
0.0021   2659.54674149   5.58504815
0.00215   506.38504121   1.08872783
0.002165   2947.2241273   6.38074023
0.002169   760.38847903   1.64928261
0.002179   560.35           1.22100265
0.00219   3181.29591377   6.96703805
0.002195   3000                   6.585
0.00222   8993.40007007   19.96534815
0.002289   986                   2.256954
0.0023   2125.64550752   4.88898466
0.0023243   897.41411797   2.08585963
0.00233   1038.32739374   2.41930282
0.0024191   558.88000001   1.35198660
0.00248599   2000                   4.97198
0.002488   1200                   2.9856
0.0025   3487.27352843   8.71818382
0.0027   1100                   2.97
……>>>>>
Brilliantrocket
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February 25, 2014, 02:30:03 AM
 #4557

Price is tanking. What is going on here? Where are all these dumped coins coming from?
TanteStefana
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February 25, 2014, 02:30:21 AM
 #4558

Sorry, noob question on Darkcoin.

Is this attempting the same solution as proposed by zerocoin?

Nope.

Zerocoin in it's current form isn't ready for primetime on a real blockchain.

From what I've read on zerocoin, the plan is to be more of a service to make transactions between other coins, such as bitcoin and litecoin anonymous.  Unless what I read on their site has changed?  

Are people actually mining zerocoin?  If so, something has changed in the way it's supposed to work??  

Ok, maybe something did change, just saw this:
https://bitcointalk.org/index.php?topic=344911.msg3699917#msg3699917

█ ANN THREAD █
﹝Whitepaper﹞
【BLACKBOX OS】
The Future of Work. Decentralized.
TELEGRAM﹞﹝FACEBOOK
TWITTERYOUTUBE
PandaCommanda
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February 25, 2014, 02:32:47 AM
 #4559

  Maybe take this subject to the Zerocoin threads? Thanks. Smiley
tifozi
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February 25, 2014, 02:39:16 AM
 #4560

Our hacker friend or his cronies might still be very actively disposing their DRK stash. Just placed a 1.3 bitmill buy order on Mintpal fully expecting it to not get filled since it was trading at 1.6 bitmill but they couldn't resist a 2 BTC order.
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