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

[eduffield]

I had an idea so I created a diagram for it. I think it would help further obfuscate amounts being sent using DarkSend. Furthermore, the amounts would already be denominated for future DarkSends.

I hadn't thought of that before, very interesting idea.

[eduffield]

These nodes will monitor DarkSend,when any misbehavior is detected they will “cash” the transaction by signing and broadcasting it.
=> These nodes will monitor DarkSend and when any misbehavior is detected they will “cash” the transaction by signing and broadcasting it.

using a sigScript to make them only valid for a given period of time.
=> using a sigScript to make them valid only for a given period of time.


These outputs are new addresses not connected to their identity. This implementation allows for amounts to be sent of any precision without reducing the quality of anonymity provided.
=>These outputs are new addresses that are not connected to a user's identity. This implementation allows for amounts of any precision to be sent without a negative impact in the quality of anonymity.

"there is no risk of lost money from the master node being a bad actor, a slave node would be elected to replace the master node and the collateral would be forfeit to the network.
=>
"there is no risk of lost money from the master node being a bad actor as a slave node would be elected to replace the master node and the collateral would be forfeited to the network.

Updated, thank you.

[Jungian]

Great work eduffield!

[TanteStefana]

There was a big discussion about it a while and the answer was a resounding "no" to a name change. What's up with all the new people coming in here trying to change the name of the coin? The name is awesome, it grabs attention. If I hear a news reporter on CNN mention a new kind of money called Darkcoin I will look up towards my TV right away if I didn't know what it was.

We're being discovered!

[TanteStefana]

Please stop with the name change posts relating them to trying to "brand" the coin away from the potential "dark side" of it's use.

I've said it at least 10x on this thread. This coin needs to be adopted by the good people and the bad people alike who just want anonymous transactions. It is not the developer's, nor the community's, responsibility to police it's use.

I saw the interview posted a few days ago and was turned off by the inclusion of some sort of "agreement" being pushed on users to not use the coin for illegal uses.

To me, this is a bad marketing move. The response should be nothing more than "of course we don't want DRK to be used for illegal purposes, but due to the anonymous nature of this currency, we can't control how a user uses DRK anymore than you can dictate how a person uses a Euro or USD"

We need the pot buyers (and most likely) the other illicit transactions to actually give DRK a legit foothold.... whether you want it or not, i truly believe that is the springboard for the currency (as it was for BTC, tbh).

Yah, but think of it this way.  Evan has his name and face out there as Mr. Darkcoin.  He wants to, at the minimum, protect himself from future harassment in the form of Governments dragging him into every stupid thing people do with this coin.  I think it's a good move for him, as I don't want to see him personally dragged down if someone uses darkcoin to do something really bad. He is going to take this stand because he has to.  Don't let it rub you the wrong way.  I'm also not sure we need drug addicts and pushers to use our coin.  I'm banking on the future usefulness of it.  Unless cryptos become mainstream, they won't survive.

[GreekBitcoin]

https://bitcointalk.org/index.php?topic=502363.580

Vote for Bter.

We need a chinese exchange too

And dont worry about not having that many votes. QQC is obviously copy accounts for spamming etc...

[TanteStefana]

Checkout the whitepaper, master nodes don't control the collateral payments anymore. It's payment nodes, which are the last 2 block solvers. So it's the pools that would have to collude, in which case we'd know and stop using them.

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

Very interesting.

Missed this, man  you just keep coming up with better ideas!  You really think outside the box, I'm in awe!

[ItchyIrish]

Not sure we want to involve the word laundry or laundering but that's a genius idea.

So we really should get on the new trend of having our own profit switching engine that mines other coins and buys darkcoin like doge, mint and redd, here is the example I'm talking about http://mintpool.us/.  Maybe we can urge them to add darkcoin by giving them a reward, that's what worked on the owner to add reddcoin.

I had an idea so I created a diagram for it.

What if people who did NOT want to send money to others, were given the incentive to send money to the "laundry buckets" by taking a small portion of the transaction fee as a reward for their contribution...

[humanitee]

I had an idea so I created a diagram for it. I think it would help further obfuscate amounts being sent using DarkSend. Furthermore, the amounts would already be denominated for future DarkSends.

I hadn't thought of that before, very interesting idea.

Consider it! I think it makes Dark the most anonymous coin by a longshot. Pretty much complete anonymity. With DarkSend you have plausible deniability, but the ability to assemble transaction history via amount matching makes it a binary search tree (mostly, assuming people aren't sending to more than one address, as most users will do) that can still be somewhat traced (becoming increasingly hard to track further back in the transaction history). This implementation destroys that ability completely.


edit:
If you wanted you could bake the functionality into the clients themselves. They could generate the addresses and do the denominating, passing that information to the master node as regular transactions - as you do now. I see in the whitepaper that you have the clients check with the master node before signing to verify no funny business, so this angle might be easier to implement on top of your pre-existing code. The master node would just need to verify that all outputs were denominated amounts, until the amount was below the lowest denomination.

[duazo]

Apparently we needed a white paper to be a legit crypto-currency, so here it is:

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

Let me know if you see anything that could be improved, clearer, typos, etc.

Good stuff. Consider writing it in TeX though for it to look a bit more legit.

[Cryptokk]

http://www.cryptokk.com/gfx/externals/pres/logo2.png

Swap your altcoins for DRK on www.cryptokk.com

[c-cex]

https://c-cex.com moved to much faster server. We can now handle 10x times more online users! Welcome!

[mattmct]

Checkout the whitepaper, master nodes don't control the collateral payments anymore. It's payment nodes, which are the last 2 block solvers. So it's the pools that would have to collude, in which case we'd know and stop using them.

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

Very interesting.

Missed this, man  you just keep coming up with better ideas!  You really think outside the box, I'm in awe!

Excuse my French, but Evan is a fucking genius!  I honestly don't think I have seen some much innovation in any coins to date, since bitcoin itsself.

Keep plugging away Evan! You're building a very loyal fan base, and for good reason!

[falsealarm_bf]

Checkout the whitepaper, master nodes don't control the collateral payments anymore. It's payment nodes, which are the last 2 block solvers. So it's the pools that would have to collude, in which case we'd know and stop using them.

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

Very interesting.

Missed this, man  you just keep coming up with better ideas!  You really think outside the box, I'm in awe!

Excuse my French, but Evan is a fucking genius!  I honestly don't think I have seen some much innovation in any coins to date, since bitcoin itsself.

Keep plugging away Evan! You're building a very loyal fan base, and for good reason!

Don't we have a Technical Writer among us to take on the updates/revisions to that document?

[chaeplin]

To p2pool users who use

http://uswest01.mine.nu:7903/
http://uswest.mine.nu:7903/


Please choose another node closest to you.

darkcoin p2pool node finder is http://darkcoin.mine.nu/


I setup the server for p2pool BOOTSTRAP_ADDRS.
Darkcoin p2pool has at least 18 nodes.
BOOTSTRAP_ADDRS will be updated.

uswest.mine.nu(uswest01.mine.nu) will be down, when current 5 miners change their rig setting.

[duazo]

There's still some major price manipulation going on at Cryptsy on DRK by bots

[chompyZ]

There's still some major price manipulation going on at Cryptsy on DRK by bots

I take my words/thoughts back.

I observed the trade very closely today, and i come to realize and admit-
THERE IS someone dumping drk, pushing the price down, slowly but surely.

Selected trades-
Date                          Type   Price (BTC)    DRK Traded   Total BTC
2014-03-18 16:50:13   Sell   0.00120000   1500.00000000   1.80000000
2014-03-18 16:46:05   Sell   0.00120000   913.15919194   1.09579103
2014-03-18 16:40:57   Sell   0.00122500   989.39596359   1.21201006
2014-03-18 16:37:58   Sell   0.00122500   2000.00000000   2.45000000
2014-03-18 16:37:30   Sell   0.00122500   706.94809415   0.86601142
2014-03-18 15:59:43   Sell   0.00122500   2821.33073146   3.45613015
2014-03-18 15:16:36   Sell   0.00123544   959.87189267   1.18586413
2014-03-18 14:52:30   Sell   0.00123999   498.97214965   0.61872048
2014-03-18 14:45:32   Sell   0.00123544   400.00000000   0.49417600

Althouygh I must admit that since most of us here are realy keen on this coin and hold our coins closly, this guy is going us a favor helping distribute the coins to more people. 

But coming back to the price manipulation, even if we exaggerate to assume he has 200k coins (6% of all coins circulated), and he dumps 10k coins every day (he dumped over 6,000 coins in the past hour), then he will be out of coins in 20 days...
I estimate that's exactly when we will be set to launch from beta into open source...
as the saying goes - "bring it on..."

[tifozi]

Ahhhh, I am so missing this as I needed to pick some up

@chaeplin

Moved my rig out. Thanks for the heads up.

[eltito]

There's still some major price manipulation going on at Cryptsy on DRK by bots

I think DRK is approaching a mass where the bot won't be able to keep up, unless it is profoundly well funded.  Not quite there yet, but for now I'm happy to continue soaking up as many sub-13 DRK as I can afford.

[humanitee]

ok.

It appears he updated. I don't know if it's a final draft though.