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

[watuba]

How about DarkGravityWave? People would say DGW or KGW, DGW the one that came from Darkcoin. People would also already know what it did when they say DGW possibly. Also it makes sense because the algorithm we're going to use models a wave. It'll smoothly osculate till it finds equilibrium with the current hashrate.

Dark Gravity Wave is nice.  Or Dark Gravity Well or Duffield Gravity Well.  Dark Gravity sounds the coolest though.

[1714690578]

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[blajde]

I upvote; lazer vortex

[chaeplin]

Pool performance  / last 23 hours

(pool find 558 )    find %
24 official         4%
26 lotterymining    4%
28 p2pool           5%
68 mininghub        12%
170 suchpool        30%
242 coinmine        43%

Yes,  Choose pool closest to you.

[BorisTheSpider]

Hello everyone,

I'm trying to understand this stratum exploit better, and something is confusing me.

The lowest difficulty is defined by the biggest target. So if we look at the nBits of the genesis block, we then convert to hex (from the compact representation) to get the diff 1 targets.

In BTC, genesis.nBits    = 0x1d00ffff;

https://en.bitcoin.it/wiki/Difficulty suggests we convert to a hex representation like:

so the hex target is
0x00ffff * 2**(8*(0x1d - 3))
or
0000 0000 ffff 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000

Which matches https://github.com/Crypto-Expert/stratum-mining/blob/master/lib/template_registry.py where for sha256

diff1 = 0x00000000ffff0000000000000000000000000000000000000000000000000000

Now looking at a scrypt coin, eg LTC:

0x1e0ffff0 is the genesis block nbits

so the hex target is

0x0ffff0 * 2**(8*(0x1e - 3))
or
0000 0fff f000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000

Which doesn't match stratum-mining

 if settings.COINDAEMON_ALGO == 'scrypt' or 'scrypt-jane':
            diff1 = 0x0000ffff00000000000000000000000000000000000000000000000000000000

ie. the stratum-mining code has 4 leading zeros in the 64 byte hex representation of the target, wheras I get 5 leading zeros when doing the conversion from the compact to the full hex representation of the max difficulty.

I'm sure stratum-mining must be correct  - where am I going wrong?

[anonymousxx1503]

It isn't even out yet guys! But one thing is for sure , you have to pay respect to KGW. it has to have gravity or well in it. DGW or DW are logical and easily recognizeable. You can make a direct comparison and tell people about the improvements. People will know it's an enhanced version of KGW, developed by the darkcoin developer and will announce their thread with "Now with DGW". Dark Gravity Well.

Wow, you read my mind! ha

Haha! Great minds think alike. One thing is for sure though, it's gonna be DGW and you'll just have to pick between wave or well. That one is up to you. (although personally I'm leaning towards well out of respect for the original kgw, let's people know it's enhanced and will become the standard for all coins in the foreseeable future)

[TanteStefana]

Hello everyone,

I'm trying to understand this stratum exploit better, and something is confusing me.

The lowest difficulty is defined by the biggest target. So if we look at the nBits of the genesis block, we then convert to hex (from the compact representation) to get the diff 1 targets.

In BTC, genesis.nBits    = 0x1d00ffff;

https://en.bitcoin.it/wiki/Difficulty suggests we convert to a hex representation like:

so the hex target is
0x00ffff * 2**(8*(0x1d - 3))
or
0000 0000 ffff 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000

Which matches https://github.com/Crypto-Expert/stratum-mining/blob/master/lib/template_registry.py where for sha256

diff1 = 0x00000000ffff0000000000000000000000000000000000000000000000000000

Now looking at a scrypt coin, eg LTC:

0x1e0ffff0 is the genesis block nbits

so the hex target is

0x0ffff0 * 2**(8*(0x1e - 3))
or
0000 0fff f000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000

Which doesn't match stratum-mining

 if settings.COINDAEMON_ALGO == 'scrypt' or 'scrypt-jane':
            diff1 = 0x0000ffff00000000000000000000000000000000000000000000000000000000

ie. the stratum-mining code has 4 leading zeros in the 64 byte hex representation of the target, wheras I get 5 leading zeros when doing the conversion from the compact to the full hex representation of the max difficulty.

I'm sure stratum-mining must be correct  - where am I going wrong?

Something just flew over my head at super sonic speed, what was that?   

[chaeplin]

Yay name is "DarkGravityWave"

https://github.com/evan82/darkcoin/commit/50189ca2a010728bc559a4f46568267bf13b7ff7

[fearcoka]

What is going on with this low volume. Would it be possible that there are fake darks out there?

If price does rise x10, then the fund raised for marketing purposes will obtain very nice value!
That will certainly help us steer things...

[AMOjeda]

So many DarkWallet Devs jumped ship? Honest question. I've been seeing it float around from people with no interpersonal connections.

[eduffield]

Yay name is "DarkGravityWave"

https://github.com/evan82/darkcoin/commit/50189ca2a010728bc559a4f46568267bf13b7ff7

Not quite ready just yet, I pulled the commit

[TanteStefana]

So many DarkWallet Devs jumped ship? Honest question. I've been seeing it float around from people with no interpersonal connections.

We have one main developer who started this thing, he just implemented a new version of KGW (see comment above)  He's been working on this for 2+ years, that he would jump ship is silly.

I don't understand it, but those two that hacked the pools and stole rewards from other miners might have been doing that for some time without us realizing it? even so, they may be dumping now.  Early miners who haven't been following here, don't care about the coin much, could be dumping what they have, possibly even a bit at a time?  I don't know.

[CHAOSiTEC]

So many DarkWallet Devs jumped ship? Honest question. I've been seeing it float around from people with no interpersonal connections.

We have one main developer who started this thing, he just implemented a new version of KGW (see comment above)  He's been working on this for 2+ years, that he would jump ship is silly.

I don't understand it, but those two that hacked the pools and stole rewards from other miners might have been doing that for some time without us realizing it? even so, they may be dumping now.  Early miners who haven't been following here, don't care about the coin much, could be dumping what they have, possibly even a bit at a time?  I don't know.

the coins never left lotterymining, thats the good thing, i was suspicious of high hash rate, but low block find, so i started to investigate....

i will set up a vote on what to do with the coins tomorrow or the day after...

[goin2mars]

So many DarkWallet Devs jumped ship? Honest question. I've been seeing it float around from people with no interpersonal connections.

We have one main developer who started this thing, he just implemented a new version of KGW (see comment above)  He's been working on this for 2+ years, that he would jump ship is silly.

I don't understand it, but those two that hacked the pools and stole rewards from other miners might have been doing that for some time without us realizing it? even so, they may be dumping now.  Early miners who haven't been following here, don't care about the coin much, could be dumping what they have, possibly even a bit at a time?  I don't know.

As far as the price goes . . if we assume every single one of the coins mined in a day were dumped . . you'd need about 15.6 bitcoins to sustain the price. That's about $9900 to give some better grasp.

Clearly, not everyone is dumping all at once all the time so we can knock that down a little bit to say . . $7000 a day just to hold the price.

This doesn't even account for people who buy the coin and then walk the price down to keep the price low . . which can have an incredible effect if there's not much demand for the coin. Hopefully they don't take it too far.

As far as why anyone would seriously hop into this coin apart from speculation yet, I can't account for . . because I don't see us in many markets besides armory, and DarkSend is still in beta. This leaves us with a very nice 11 algorithm coin with a great future and a dedicated developer. The problem here is that nobody can really do much with any of those three things yet . . like buy things or participate in a dark transaction history. I'd like to say there's more here, and would love to find a way to better contribute . . but it seems like all I can do is make posts and offer opinions.

I'm seeing volumes of about 48 btc on coinmarketcap. What this means to me is that there's about 11 times more coins per day being traded over those created based completely on wild speculation right now. That's still something big.

I'd like to see the speculation move the price upward rather than downward, but it's hard to tell people to hold onto their coins if they've made the decision that they are worth a little less than market value . . . especially right now when IMO we're in a phase where these coins should be traded to people who think they can be worth more some day.

We should be looking more to let the coin grow, rather than the daily price and volume right now. Honestly, i like the lower volume because it matches closer a sustainable growth rate rather than say a 1000 btc volume which can take prices to 10% of the current market price overnight while you sleep.

[coins101]

Nice.

This coin is genius. Every other coin is looking for a USP over its nearest rival. Darkcoin is in a league of its own. wtf is Litecoin now that it has ASICs? It has lost its only USP.

Its still relatively early days for a mass audience and a blow your own trumpet occasion. So there is no reason to buy Darkcoin other than, like me, to be a bag holder 

All the way to the DarkBank.

[P2PHash]

Now with Cryptsy price displayed
Address: drk.p2phash.com

P2Pool benefits:
* No registration required
* Distributed hashrate
* Immediate payouts after a block is found
* Higher payouts with transaction fees paid to miners
* No account hack possible

Fee: only 0.5%
Start mining within seconds! Just point your miner to p2phash.com:7903 and use the Darkcoin address from your wallet for username, the password doesn't matter.

[Lebubar]

So many DarkWallet Devs jumped ship? Honest question. I've been seeing it float around from people with no interpersonal connections.

We have one main developer who started this thing, he just implemented a new version of KGW (see comment above)  He's been working on this for 2+ years, that he would jump ship is silly.

I don't understand it, but those two that hacked the pools and stole rewards from other miners might have been doing that for some time without us realizing it? even so, they may be dumping now.  Early miners who haven't been following here, don't care about the coin much, could be dumping what they have, possibly even a bit at a time?  I don't know.

the coins never left lotterymining, thats the good thing, i was suspicious of high hash rate, but low block find, so i started to investigate....

i will set up a vote on what to do with the coins tomorrow or the day after...

Hi,
Give half at the fundation and half at the minners..

[tabnk]

No wonder price dropping, it was hacker who dump.

BTC hacked EXCHANGE.

DRK HACKED POOL


Sound like there see value in DRK

[bigrcanada]

Hello everyone,

I'm trying to understand this stratum exploit better, and something is confusing me.

The lowest difficulty is defined by the biggest target. So if we look at the nBits of the genesis block, we then convert to hex (from the compact representation) to get the diff 1 targets.

In BTC, genesis.nBits    = 0x1d00ffff;

https://en.bitcoin.it/wiki/Difficulty suggests we convert to a hex representation like:

so the hex target is
0x00ffff * 2**(8*(0x1d - 3))
or
0000 0000 ffff 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000

Which matches https://github.com/Crypto-Expert/stratum-mining/blob/master/lib/template_registry.py where for sha256

diff1 = 0x00000000ffff0000000000000000000000000000000000000000000000000000

Now looking at a scrypt coin, eg LTC:

0x1e0ffff0 is the genesis block nbits

so the hex target is

0x0ffff0 * 2**(8*(0x1e - 3))
or
0000 0fff f000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000

Which doesn't match stratum-mining

 if settings.COINDAEMON_ALGO == 'scrypt' or 'scrypt-jane':
            diff1 = 0x0000ffff00000000000000000000000000000000000000000000000000000000

ie. the stratum-mining code has 4 leading zeros in the 64 byte hex representation of the target, wheras I get 5 leading zeros when doing the conversion from the compact to the full hex representation of the max difficulty.

I'm sure stratum-mining must be correct  - where am I going wrong?

Something just flew over my head at super sonic speed, what was that?   

ROTFLMAO!!!!! hahahaha...my thoughts exactly...what the hell just happened there.    I'm  a biz guy...I'll leave this chat to those that know wtf is going on. 

[AMOjeda]

Hey Edu, what's with the devs that bounced? True or false?

[mannie]

So many DarkWallet Devs jumped ship? Honest question. I've been seeing it float around from people with no interpersonal connections.

We have one main developer who started this thing, he just implemented a new version of KGW (see comment above)  He's been working on this for 2+ years, that he would jump ship is silly.

I don't understand it, but those two that hacked the pools and stole rewards from other miners might have been doing that for some time without us realizing it? even so, they may be dumping now.  Early miners who haven't been following here, don't care about the coin much, could be dumping what they have, possibly even a bit at a time?  I don't know.

As far as the price goes . . if we assume every single one of the coins mined in a day were dumped . . you'd need about 15.6 bitcoins to sustain the price. That's about $9900 to give some better grasp.

Clearly, not everyone is dumping all at once all the time so we can knock that down a little bit to say . . $7000 a day just to hold the price.

This doesn't even account for people who buy the coin and then walk the price down to keep the price low . . which can have an incredible effect if there's not much demand for the coin. Hopefully they don't take it too far.

As far as why anyone would seriously hop into this coin apart from speculation yet, I can't account for . . because I don't see us in many markets besides armory, and DarkSend is still in beta. This leaves us with a very nice 11 algorithm coin with a great future and a dedicated developer. The problem here is that nobody can really do much with any of those three things yet . . like buy things or participate in a dark transaction history. I'd like to say there's more here, and would love to find a way to better contribute . . but it seems like all I can do is make posts and offer opinions.

I'm seeing volumes of about 48 btc on coinmarketcap. What this means to me is that there's about 11 times more coins per day being traded over those created based completely on wild speculation right now. That's still something big.

I'd like to see the speculation move the price upward rather than downward, but it's hard to tell people to hold onto their coins if they've made the decision that they are worth a little less than market value . . . especially right now when IMO we're in a phase where these coins should be traded to people who think they can be worth more some day.

We should be looking more to let the coin grow, rather than the daily price and volume right now. Honestly, i like the lower volume because it matches closer a sustainable growth rate rather than say a 1000 btc volume which can take prices to 10% of the current market price overnight while you sleep.

I agree. I suspect it's just some short termers jumping ship to try to day trade on whatever clone coin is getting 50% swings on any particular day. That's fine - it just puts the coins in the hands of others going long and interested in supporting something innovative.

Only a matter of weeks here until DarkSend is out of beta. Hardly a long time to wait!