Bitcoin Forum
April 19, 2021, 05:04:07 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 [247] 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 ... 6983 »
  Print  
Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9676056 times)
slyA
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
February 26, 2014, 02:51:32 PM
 #4921

I think the DRK price is artificially/temporarily low at the moment due to the c-cex debacle, just like the btc price was/is suppressed by gox.  I put my money where my mouth is and bought a few more.  Expecting a return to 0.002 by the end of next week and much higher once Darksend is implemented.

We have to be patient...
Don't care for the prize now..
Buy if you can, and wait and see.

Eddufield will talk on march at the crypto conference, darksend not implemented yet...



That is not an easy prospect considering every other coin is in green and dark is plummeting due to the heavy holders and thieves dumping. Look at poloniex, cryptsy and mintpal. Everyone is jumping ship. That combined with the mining logistics and percentage held by early adopters. Besides its currently a space race towards anonymity and rest assured that if we get beaten to the punch, the investors will hop on board the other train. I'm just saying.
1618808647
Hero Member
*
Offline Offline

Posts: 1618808647

View Profile Personal Message (Offline)

Ignore
1618808647
Reply with quote  #2

1618808647
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1618808647
Hero Member
*
Offline Offline

Posts: 1618808647

View Profile Personal Message (Offline)

Ignore
1618808647
Reply with quote  #2

1618808647
Report to moderator
1618808647
Hero Member
*
Offline Offline

Posts: 1618808647

View Profile Personal Message (Offline)

Ignore
1618808647
Reply with quote  #2

1618808647
Report to moderator
ciocgun
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile WWW
February 26, 2014, 02:54:02 PM
 #4922

I try to buy on cex at 0.0009 but noone solds :-(
mjsrs
Full Member
***
Offline Offline

Activity: 172
Merit: 100


View Profile
February 26, 2014, 02:57:59 PM
 #4923

I would love to see darkcoin on BTER.
Any chance?

If you are new to BTER use my referral, you will get 10% off discount on all your trading fees for 6 months.
https://bter.com/signup/123782

https://dash-stats.com XoPGniokL6rRahoKviBza8oqWSTyUQPkAF
ciocgun
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile WWW
February 26, 2014, 03:04:05 PM
 #4924

I would love to see darkcoin on BTER.
Any chance?

If you are new to BTER use my referral, you will get 10% off discount on all your trading fees for 6 months.
https://bter.com/signup/123782

nice spam
x0rcist
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
February 26, 2014, 03:09:57 PM
 #4925

[tinfoilhat mode]

It really looks some anti propaganda is going on against darkcoin.

It reminds me about a blogpost i stumbled on this weekend and gets deleted from a lot of resources that link to it or try to start a discussion about it.
Fits perfect to whats going on with Darkcoin the last week.

https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/


[/tinfoilhat mode]
eduffield
Legendary
*
Offline Offline

Activity: 1176
Merit: 1034


Dash Developer


View Profile WWW
February 26, 2014, 03:16:40 PM
Last edit: February 26, 2014, 03:55:50 PM by eduffield
 #4926

There has been some debate lately about the reward structure vs the early adopter advantage. To be clear, Darkcoin was pre-announced so all of the miners shared in the early mining. There were some issues with the block reward in the beginning, but it was still fair. We don’t have a huge percentage of the coins in existence like some users have purposed.  In fact, we gave away nearly 80,000 coins in the first week.

Originally we thought scarce was good, but the halving was added to the code later and was an obvious mistake, it doesn’t work well with the formulas we’re using to implement the mining reward structure.

I’ve been doing the math this morning and Darkcoin doesn’t need a halving structure at all. So I’m removing it:

https://github.com/evan82/darkcoin/commit/819ccd71cab84c3728d457b16d2679486f917394

The formula 2222222/(((Difficulty+2600)/9)^2) is actually well defined to handle lowering the reward steadily over a long period of time. It caps out about 5000 difficulty, if this isn’t high enough or slow enough we can revisit this later.

This change will put us way closer to the 84,000,000 coin maximum that we originally wanted. The maximum rewards per year will be 5.2M per year (25 every 2.5 minutes) and eventually only release 1.0M per year (5 every 2.5 minutes).

Thanks for the input and support

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
JGCMiner
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


View Profile
February 26, 2014, 03:29:40 PM
 #4927

There has been some debate lately about the reward structure vs the early adopter advantage. To be clear, Darkcoin was pre-announced so all of the miners shared in the early mining. There were some issues with the block reward in the beginning, but it was still fair. We don’t have a huge percentage of the coins in existence like some users have purposed.  In fact, we gave away nearly 80,000 coins in the first week.

Originally we thought scarce was good, but the halving was added to the code later and was an obvious mistake, it doesn’t work well with the formulas we’re using to implement the mining reward structure.

I’ve been doing the math this morning and Darkcoin doesn’t need a halving structure at all. So I’m removing it:

https://github.com/evan82/darkcoin/commit/819ccd71cab84c3728d457b16d2679486f917394

The formula 2222222/(((Difficulty+2600)/9)^2) is actually well defined to handle lowering the reward steadily over a long period of time. It caps out about 5000 difficulty, if this isn’t high enough or slow enough we can revisit this later.

This change will put us way closer to the 84,000,000 coin maximum that we originally wanted. The maximum rewards per year will be 13,140,000 per year (25 every 2.5 minutes) and eventually only release 2,628,000 per year (5 every 2.5 minutes).

Thanks for the input and support


Good on you. I think this is a really wise decision.   
However, this means a hard fork right?  From what block should we worry about updating our wallets?   
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
February 26, 2014, 03:33:46 PM
 #4928

words

Expect more dumping everyone, this coin just devalued.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
eduffield
Legendary
*
Offline Offline

Activity: 1176
Merit: 1034


Dash Developer


View Profile WWW
February 26, 2014, 03:34:13 PM
 #4929

There has been some debate lately about the reward structure vs the early adopter advantage. To be clear, Darkcoin was pre-announced so all of the miners shared in the early mining. There were some issues with the block reward in the beginning, but it was still fair. We don’t have a huge percentage of the coins in existence like some users have purposed.  In fact, we gave away nearly 80,000 coins in the first week.

Originally we thought scarce was good, but the halving was added to the code later and was an obvious mistake, it doesn’t work well with the formulas we’re using to implement the mining reward structure.

I’ve been doing the math this morning and Darkcoin doesn’t need a halving structure at all. So I’m removing it:

https://github.com/evan82/darkcoin/commit/819ccd71cab84c3728d457b16d2679486f917394

The formula 2222222/(((Difficulty+2600)/9)^2) is actually well defined to handle lowering the reward steadily over a long period of time. It caps out about 5000 difficulty, if this isn’t high enough or slow enough we can revisit this later.

This change will put us way closer to the 84,000,000 coin maximum that we originally wanted. The maximum rewards per year will be 13,140,000 per year (25 every 2.5 minutes) and eventually only release 2,628,000 per year (5 every 2.5 minutes).

Thanks for the input and support


Good on you. I think this is a really wise decision.   
However, this means a hard fork right?  From what block should we worry about updating our wallets?   

It's a hard fork at block 210240. We'll release DarkSend before that happens which will also require an update to use, so no need to worry about updating just yet.

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
JGCMiner
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


View Profile
February 26, 2014, 03:35:52 PM
 #4930

words

Expect more dumping everyone, this coin just devalued.

A.K.A More for those of us that realize this coin is going somewhere.  Grin
fearcoka
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000



View Profile
February 26, 2014, 03:37:50 PM
 #4931

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
February 26, 2014, 03:38:52 PM
 #4932

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

This fucking sucks for people like me who bought in the past week, thinking the coin was rarer than it is now. I don't plan on selling, it just sucks knowing I could have gotten more.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
matt608
Legendary
*
Offline Offline

Activity: 952
Merit: 1000


View Profile
February 26, 2014, 03:40:26 PM
 #4933

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.


Are you sure that's the consequence of the modification?
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
February 26, 2014, 03:41:22 PM
 #4934

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.


Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
x0rcist
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
February 26, 2014, 03:44:22 PM
 #4935

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

This fucking sucks for people like me who bought in the past week, thinking the coin was rarer than it is now. I don't plan on selling, it just sucks knowing I could have gotten more.

I have to agree, everyone has a more then fair price atm to buy in on darktrain.

So this news is not a good thing after all things that happened in the last week... It makes this coin also heavy for inflation. Sad
matt608
Legendary
*
Offline Offline

Activity: 952
Merit: 1000


View Profile
February 26, 2014, 03:45:01 PM
 #4936

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.


"The maximum rewards per year will be 13,140,000 per year", it will many years for all those coins to be mined.  It doesn't make much difference to the current coin supply.  Still, I would prefer this not to go ahead.  Eduffield, why do we suddenly need more coins?
JGCMiner
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


View Profile
February 26, 2014, 03:45:32 PM
 #4937

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.


Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market.   This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.  

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.


"The maximum rewards per year will be 13,140,000 per year", it will many years for all those coins to be mined.  It doesn't make much difference to the current coin supply.  Still, I would prefer this not to go ahead.  Eduffield, why do we suddenly need more coins?

The max reward per year is actually 5,245,200  (25 coins x 24 blocks per hours x 24 hours per day x 364.25 days per year)
anonymousxx1503
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 26, 2014, 03:46:37 PM
 #4938

words

Expect more dumping everyone, this coin just devalued.

A.K.A More for those of us that realize this coin is going somewhere.  Grin

Either a string of the worst luck any coin has ever seen. (hacks, dumps at the same time)

Or someone actively working towards bringing this coin down. There's nothing wrong with this coin, it's well built, has actual new features, compared to 99% of all the clones popping up and will be anonymous. You look at coinmarketcap and it's almost all green everywhere today for almost every coin.

Biggest loser right now, Darkcoin , after that ... RON fucking Paul Coin. Flappycoin is up 135%, albeit to a smaller market cap. That scammy ultracoin is up too.

It's an upside down world right now. A lot of haters in this thread, saying give up. I wouldn't be surprised there's a private IRC chat room somewhere, few people putting in an effort to lower our value through various means. I'm not saying that's happening, just that I wouldn't surprised.

Fact is, Darkcoin is/will be better than almost anything out there. Point out the better options if you can.

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
x0rcist
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
February 26, 2014, 03:48:50 PM
 #4939

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.


Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market.   This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.  

The total coin supply is one of the biggest inputs about the coins future value!!
eduffield
Legendary
*
Offline Offline

Activity: 1176
Merit: 1034


Dash Developer


View Profile WWW
February 26, 2014, 03:50:17 PM
 #4940

Official Press Release

http://www.darkcoin.io/downloads/DarkcoinPRStatement.pdf

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
Pages: « 1 ... 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 [247] 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 ... 6983 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!