darkproton
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February 26, 2014, 01:38:46 AM |
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It's really pretty simple, we're capped at 25DRK per 2.5 minutes, that's 210240*25 per year, so broken down yearly:
Year 1: 5,256,000 Year 2: 2,628,000 Year 3: 1,314,000 etc
So in ten years we'll have maybe 10 million coins in existence. It's a very scarce resource and is designed to gain/keep it's value.
1 834 654 coins were mined in the first 24hrs (17.4% of all the coins that will be mined)http://explorer.darkcoin.io/chain/DarkCoin?hi=4200&count=100And only linux wallet on start, which limited number of miners. Plus strange block reward bug https://github.com/evan82/darkcoin/commit/a5737981616b4f6392d4eb63f89760c3afc64e08so are you in dark or out? Not sure what you are after. 'Enlightenment of the masses'? Most everyone is here and supportive of dark because it has the chance to be the first truly anonymous coin. If you are angry about block rewards and whether you will make money off of it is a matter wholly unto itself. If you are 'jealous' or believe others had an advantage in the beginning, it is your opinion. Is a 100% return fair to you? 200%? It would be but you want the 1000% return a few of the early adopters may get. Fair is stating a launch date with clear plans and sticking to it. Ultracoin is just one of an example of shady coins launched with no innovation. I wasn't around in the beginning but have been able to get some dark very cheaply. You seem motivated by greed and a sense of 'fairness' that equivocates to you having. I personally hope dark succeeds and if I make even 3% off of what I invested, I would be ecstatic. I'm in it to be a part of this, to support it and not shit on it and complain what it is not. Darkcoin seems very reasonable, fair and completely open. I am sorry that you do not see it
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anonymousxx1503
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February 26, 2014, 01:52:49 AM |
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Hey Eduffield, how is the new website coming along? (also you guys should update the exchange list on darkcoin.io, we still only have 3!)
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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
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eduffield (OP)
Legendary
Offline
Activity: 1176
Merit: 1036
Dash Developer
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February 26, 2014, 01:59:07 AM |
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Hey Eduffield, how is the new website coming along? (also you guys should update the exchange list on darkcoin.io, we still only have 3!)
Here's the work in progress, any ideas would be greatly appreciated: http://darkcoin.us/io/What should be on the homepage? We have 5 slots to fill. Anyone have good ideas for stock photos for the various pages?
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Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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tungfa
Legendary
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Activity: 1834
Merit: 1023
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February 26, 2014, 02:02:36 AM |
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Here's the work in progress, any ideas would be greatly appreciated: http://darkcoin.us/io/[/quote] Looking good ! can not wait to see this up …>>>
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Synapticwave
Newbie
Offline
Activity: 5
Merit: 0
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February 26, 2014, 02:05:25 AM |
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so are you in dark or out? Not sure what you are after. 'Enlightenment of the masses'? Most everyone is here and supportive of dark because it has the chance to be the first truly anonymous coin. If you are angry about block rewards and whether you will make money off of it is a matter wholly unto itself. If you are 'jealous' or believe others had an advantage in the beginning, it is your opinion. Is a 100% return fair to you? 200%? It would be but you want the 1000% return a few of the early adopters may get. Fair is stating a launch date with clear plans and sticking to it. Ultracoin is just one of an example of shady coins launched with no innovation. I wasn't around in the beginning but have been able to get some dark very cheaply. You seem motivated by greed and a sense of 'fairness' that equivocates to you having. I personally hope dark succeeds and if I make even 3% off of what I invested, I would be ecstatic. I'm in it to be a part of this, to support it and not shit on it and complain what it is not. Darkcoin seems very reasonable, fair and completely open. I am sorry that you do not see it I don't see why someone stating facts would make you reach the conclusion that they are greedy. I hope the dev can elaborate on the total coin cap. If it indeed can only reach a max of 10.5M then those coins mined in the first 24 hours have a much bigger piece of the pie and make the distribution unfair. I agree that early adopters should have an advantage, but 17% of all coins? How many of those are the Dev's? Sounds like a way to get around pre-mining to me. Of course I hope that is not the case because I did invest some in this coin as well and would like to see it succeed in its goal for complete anonymity. But because someone asks for transparency does not make one greedy.
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HammerHedd
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February 26, 2014, 02:08:50 AM |
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It's really pretty simple, we're capped at 25DRK per 2.5 minutes, that's 210240*25 per year, so broken down yearly:
Year 1: 5,256,000 Year 2: 2,628,000 Year 3: 1,314,000 etc
So in ten years we'll have maybe 10 million coins in existence. It's a very scarce resource and is designed to gain/keep it's value.
1 834 654 coins were mined in the first 24hrs (17.4% of all the coins that will be mined)http://explorer.darkcoin.io/chain/DarkCoin?hi=4200&count=100And only linux wallet on start, which limited number of miners. Plus strange block reward bug https://github.com/evan82/darkcoin/commit/a5737981616b4f6392d4eb63f89760c3afc64e08so are you in dark or out? Not sure what you are after. 'Enlightenment of the masses'? Most everyone is here and supportive of dark because it has the chance to be the first truly anonymous coin. If you are angry about block rewards and whether you will make money off of it is a matter wholly unto itself. If you are 'jealous' or believe others had an advantage in the beginning, it is your opinion. Is a 100% return fair to you? 200%? It would be but you want the 1000% return a few of the early adopters may get. Fair is stating a launch date with clear plans and sticking to it. Ultracoin is just one of an example of shady coins launched with no innovation. I wasn't around in the beginning but have been able to get some dark very cheaply. You seem motivated by greed and a sense of 'fairness' that equivocates to you having. I personally hope dark succeeds and if I make even 3% off of what I invested, I would be ecstatic. I'm in it to be a part of this, to support it and not shit on it and complain what it is not. Darkcoin seems very reasonable, fair and completely open. I am sorry that you do not see it Dude, I'm with proton. If you don't like the coin, don't mine it, and don' t buy it. It isn't a super-complicated plan. I like dark, and I"m going to mine it, maybe sell some, maybe buy some. I'm going to help out where I can, and I hope the whole thing goes really well. I know that like any work in progress, any new idea, there will be bumps in the road, detractors, etc. I'm not too stressed if the one or two day price rises or falls with the collapse of Mt Gox or anything else. Chill out and enjoy the ride. In a few years hopefully we'll all laugh about "remember when there were public blockchains?!" This coin is a good idea, and we have a dev who is actively developing it. Who cares how many coins he has - he has clearly put most of the work into this coin. I don't know about you, but I'm here because I want to be here. eduffield has already fixed one issue with the way mining rewards work, and if there looks like catastrophe on the horizon, I'm sure he can fix it again.
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DRK: XepkHLT2MYTXSFDc2muiGeA9eRzG6ytpSy P2Pool: stratum+tcp://darkcoin.kicks-ass.net:7903 BTC: 1LVE3pFpAhSrHbiK5hAUWDeVrB5UrPXRkJ http://darkcoin.kicks-ass.net
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Lebubar
Legendary
Offline
Activity: 1288
Merit: 1000
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February 26, 2014, 02:09:58 AM |
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It's really pretty simple, we're capped at 25DRK per 2.5 minutes, that's 210240*25 per year, so broken down yearly:
Year 1: 5,256,000 Year 2: 2,628,000 Year 3: 1,314,000 etc
So in ten years we'll have maybe 10 million coins in existence. It's a very scarce resource and is designed to gain/keep it's value.
1 834 654 coins were mined in the first 24hrs (17.4% of all the coins that will be mined)http://explorer.darkcoin.io/chain/DarkCoin?hi=4200&count=100And only linux wallet on start, which limited number of miners. Plus strange block reward bug https://github.com/evan82/darkcoin/commit/a5737981616b4f6392d4eb63f89760c3afc64e08so are you in dark or out? Not sure what you are after. 'Enlightenment of the masses'? Most everyone is here and supportive of dark because it has the chance to be the first truly anonymous coin. If you are angry about block rewards and whether you will make money off of it is a matter wholly unto itself. If you are 'jealous' or believe others had an advantage in the beginning, it is your opinion. Is a 100% return fair to you? 200%? It would be but you want the 1000% return a few of the early adopters may get. Fair is stating a launch date with clear plans and sticking to it. Ultracoin is just one of an example of shady coins launched with no innovation. I wasn't around in the beginning but have been able to get some dark very cheaply. You seem motivated by greed and a sense of 'fairness' that equivocates to you having. I personally hope dark succeeds and if I make even 3% off of what I invested, I would be ecstatic. I'm in it to be a part of this, to support it and not shit on it and complain what it is not. Darkcoin seems very reasonable, fair and completely open. I am sorry that you do not see it I'm with you darkproton. Don't understand what he's searching with his comments since a week... If you are not happy buryat go mine another coin, and leave us with our faith in this DarkSideOfTheMoonCoin !!
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Shadey
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February 26, 2014, 02:12:54 AM |
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With so much talk about open/closed source, I've decided to make a poll on the issue. It probably won't solve the debate but I think it will be interesting. Personally, I favour opening only after DRK has had a chance to become the standard for anonymous transactions. Maybe the developers could let a select few third parties see the code before it becomes open source and verify it? Here's the poll. These seem to be the three most popular responses, from what I've read. Before you ask, it only allows one vote each! http://poll.pollcode.com/33531934I liked it... Very democratic I did the 12th vote.. I liked it/voted on it too
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darkproton
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February 26, 2014, 02:16:21 AM |
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so are you in dark or out? Not sure what you are after. 'Enlightenment of the masses'? Most everyone is here and supportive of dark because it has the chance to be the first truly anonymous coin. If you are angry about block rewards and whether you will make money off of it is a matter wholly unto itself. If you are 'jealous' or believe others had an advantage in the beginning, it is your opinion. Is a 100% return fair to you? 200%? It would be but you want the 1000% return a few of the early adopters may get. Fair is stating a launch date with clear plans and sticking to it. Ultracoin is just one of an example of shady coins launched with no innovation. I wasn't around in the beginning but have been able to get some dark very cheaply. You seem motivated by greed and a sense of 'fairness' that equivocates to you having. I personally hope dark succeeds and if I make even 3% off of what I invested, I would be ecstatic. I'm in it to be a part of this, to support it and not shit on it and complain what it is not. Darkcoin seems very reasonable, fair and completely open. I am sorry that you do not see it I don't see why someone stating facts would make you reach the conclusion that they are greedy. I hope the dev can elaborate on the total coin cap. If it indeed can only reach a max of 10.5M then those coins mined in the first 24 hours have a much bigger piece of the pie and make the distribution unfair. I agree that early adopters should have an advantage, but 17% of all coins? How many of those are the Dev's? Sounds like a way to get around pre-mining to me. Of course I hope that is not the case because I did invest some in this coin as well and would like to see it succeed in its goal for complete anonymity. But because someone asks for transparency does not make one greedy. I have nothing against transparency and darkcoin has been very transparent. It's only 17% of all coins if you believe there will only be 10.5 mil. And exactly, we don't know how many coins the dev has. It's best to give benefit of the doubt then jump to conclusions of pre-mining. Remember the dev was in this chat looking to buy dark earlier. To end, I don't think he was asking for transparency, I believe he was stating his conclusions. I didn't see a question at all in his remark, just an opinion
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anonymousxx1503
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February 26, 2014, 02:20:46 AM |
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Hey Eduffield, how is the new website coming along? (also you guys should update the exchange list on darkcoin.io, we still only have 3!)
Here's the work in progress, any ideas would be greatly appreciated: http://darkcoin.us/io/What should be on the homepage? We have 5 slots to fill. Anyone have good ideas for stock photos for the various pages? Starting to look good. If you're going with the gray overall theme, I'd suggest reconsidering this coin sigi made Looks really good and is better suited to be an icon at small sizes as well. edit: I'd also pay a bit to have the website made I imagine you've hired someone?
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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
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InternetApe
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February 26, 2014, 02:27:09 AM |
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I can tell you that we have nowhere near that many coins. And between the two of us we gave away close to 80,000 DRK in the first week or two. We are not hoarding coins, and there are people here that can stipulate that I sold ten of thousands at or below $0.02. I have sold and given away more coins than I now have, and yes I was mining on the first day right after it was made public, using Amazon EC2 servers.
We both gave away alot of coins to get people interested, and we didnt even PRE-MINE, we just wanted the coin to succeed.
If we were just looking for a quick buck and had 1.8 Million coins, or anywhere close to that, we would have sold at $1 and been very happy, but that is not why we made this coin.
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InternetApe
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February 26, 2014, 02:28:51 AM |
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Hey Eduffield, how is the new website coming along? (also you guys should update the exchange list on darkcoin.io, we still only have 3!)
Here's the work in progress, any ideas would be greatly appreciated: http://darkcoin.us/io/What should be on the homepage? We have 5 slots to fill. Anyone have good ideas for stock photos for the various pages? Starting to look good. If you're going with the gray overall theme, I'd suggest reconsidering this coin sigi made . . . edit: I'd also pay a bit to have the website made I imagine you've hired someone? i think we have already been through the coin designs and pretty much have settled on the other one.
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Synapticwave
Newbie
Offline
Activity: 5
Merit: 0
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February 26, 2014, 02:29:09 AM |
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I don't see why someone stating facts would make you reach the conclusion that they are greedy. I hope the dev can elaborate on the total coin cap. If it indeed can only reach a max of 10.5M then those coins mined in the first 24 hours have a much bigger piece of the pie and make the distribution unfair. I agree that early adopters should have an advantage, but 17% of all coins? How many of those are the Dev's? Sounds like a way to get around pre-mining to me. Of course I hope that is not the case because I did invest some in this coin as well and would like to see it succeed in its goal for complete anonymity. But because someone asks for transparency does not make one greedy.
I have nothing against transparency and darkcoin has been very transparent. It's only 17% of all coins if you believe there will only be 10.5 mil. And exactly, we don't know how many coins the dev has. It's best to give benefit of the doubt then jump to conclusions of pre-mining. Remember the dev was in this chat looking to buy dark earlier. To end, I don't think he was asking for transparency, I believe he was stating his conclusions. I didn't see a question at all in his remark, just an opinion The thing is that only 17% is ALOT. For perspective, 17% of bitcoin is well over one billion dollars at the current price. In other words, my concern is more whether the total cap really 10.5M instead of the 84M advertised? If its 84M, then those coins mined in the first 24 hours are much less significant. Fair distribution is important to the success of a coin, or else Drk will just be replaced by the next coin that is able to copy its features.
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jenveno
Member
Offline
Activity: 350
Merit: 10
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February 26, 2014, 02:32:49 AM |
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"The world's first coin where you can't join any mining pool because they say they'll send you an email and never do."
Most accurate slogan.
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slyA
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February 26, 2014, 02:39:05 AM |
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"The world's first coin where you can't join any mining pool because they say they'll send you an email and never do."
Most accurate slogan.
That's extremely witty. How long did you come up with that one?
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Shadey
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February 26, 2014, 02:42:15 AM |
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Donations to a crypto-hobo are welcomed and GREATLY appreciated. Darkcoin wallet addy is Xq5o7AGBau1bL59fDuJpgcU6XQ6Fr6iHRm. Thank you for your time, and love the coin. Can't wait to see it reach btc and ltc heights
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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February 26, 2014, 02:44:22 AM |
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Reposting: http://www.youtube.com/watch?v=kIy2Fw9xjukhe is just so good ! 18:25 min Quote: "It has to be Anonymity for everyone, by default, always on, can not turn it off, do not know it is there …. that would be my goal (for a currency) …! " "is our current group of developers able to do things like that ….." Are we ? Are they ? Is this ?? zerocoin: "has some issues" 46:40 - 48:50 Wallet Quote: "wallets remixing … any transaction you do is automatically remixed on any user wallet" interesting thought! DRK not mentioned ! video is from 14th Jan 2014 any thoughts …>>>
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anonymousxx1503
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February 26, 2014, 02:48:54 AM |
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I can tell you that we have nowhere near that many coins. And between the two of us we gave away close to 80,000 DRK in the first week or two. We are not hoarding coins, and there are people here that can stipulate that I sold ten of thousands at or below $0.02. I have sold and given away more coins than I now have, and yes I was mining on the first day right after it was made public, using Amazon EC2 servers.
We both gave away alot of coins to get people interested, and we didnt even PRE-MINE, we just wanted the coin to succeed.
If we were just looking for a quick buck and had 1.8 Million coins, or anywhere close to that, we would have sold at $1 and been very happy, but that is not why we made this coin.
Let me go yell at satoshi nakamoto who holds around 8% of all bitcoins. I don't see why someone stating facts would make you reach the conclusion that they are greedy. I hope the dev can elaborate on the total coin cap. If it indeed can only reach a max of 10.5M then those coins mined in the first 24 hours have a much bigger piece of the pie and make the distribution unfair. I agree that early adopters should have an advantage, but 17% of all coins? How many of those are the Dev's? Sounds like a way to get around pre-mining to me. Of course I hope that is not the case because I did invest some in this coin as well and would like to see it succeed in its goal for complete anonymity. But because someone asks for transparency does not make one greedy.
I have nothing against transparency and darkcoin has been very transparent. It's only 17% of all coins if you believe there will only be 10.5 mil. And exactly, we don't know how many coins the dev has. It's best to give benefit of the doubt then jump to conclusions of pre-mining. Remember the dev was in this chat looking to buy dark earlier. To end, I don't think he was asking for transparency, I believe he was stating his conclusions. I didn't see a question at all in his remark, just an opinion The thing is that only 17% is ALOT. For perspective, 17% of bitcoin is well over one billion dollars at the current price. In other words, my concern is more whether the total cap really 10.5M instead of the 84M advertised? If its 84M, then those coins mined in the first 24 hours are much less significant. Fair distribution is important to the success of a coin, or else Drk will just be replaced by the next coin that is able to copy its features. The final number or close to it should definitely be calculated and included as an official number. The final number doesn't matter as long as it's clearly indicated. The 84 million figure should most likely be removed and maybe the code cleaned up as well one last time before the darksend fork.
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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
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stealth923
Legendary
Offline
Activity: 1036
Merit: 1000
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February 26, 2014, 02:57:28 AM |
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Yep Poloniex is down - I swear Dark is going to overtake LTC/BTC - The exchanges cant even take the power of Dark haha
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