GhostPlayer
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April 27, 2014, 06:18:00 PM |
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There is no good reason why the private key needs to be stored on a masternode.
In an ideal setup, you would just broadcast a signed message "Authorizing 123.123.123.123 as masternode with input 1bcd1c22a3687e1ec1ea6ce61d3a43fae3581da9305d64fda298bbb66d1691ec expires 1398622305"
In this case 123.123.123.123 would be your masternode, but you don't need to have the private keys on that node. The signed message proves you are authorizing that IP to be the masternode for that input.
hmmm... and for that you'd need a hot wallet right? Or could it be done cold?
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:21:20 PM |
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bought 4btc drk at 500 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I;m the worst trader ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I sold some of my dark at something like 24 or so, bought it back at 51, lost half of 'em! I think I deserve the crown. On the other hand, I'm glad what I have is back in dark, and I won't screw up like that again. Don't be too concerned, seriously, I'm certain it will be going up so much higher, it won't matter.
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philipmicklon
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April 27, 2014, 06:26:15 PM |
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There is no good reason why the private key needs to be stored on a masternode.
In an ideal setup, you would just broadcast a signed message "Authorizing 123.123.123.123 as masternode with input 1bcd1c22a3687e1ec1ea6ce61d3a43fae3581da9305d64fda298bbb66d1691ec expires 1398622305"
In this case 123.123.123.123 would be your masternode, but you don't need to have the private keys on that node. The signed message proves you are authorizing that IP to be the masternode for that input.
hmmm... and for that you'd need a hot wallet right? Or could it be done cold? Could easily be done cold.
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Bitcoin Magazine
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April 27, 2014, 06:27:20 PM |
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How much will you pay me, in DRK, to get the vote-selected DRK logo tattooed on my ass?
You're doing it wrong. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FWQV9quv.jpg&t=665&c=QUjM1FDehD7v8g) No, he's doing it wrong. I'm offering exclusive branding on my ass, no one else... :-p i'll give this guy 10 BTC to get a tongue tatto that says "i'll suck your dick"
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i am here.
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:27:26 PM |
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I was contemplating the financial effect of masternodes in terms of fractional inflation that Bitcoin might be subject to. Exchanges tend to be a parking place for a large number of coins which can lead to MtGox situations where the exchange is actually transacting with non-existing coins (something like fractional banking)... by transacting with non-existent coins, the demand is reduced for actual coins (=bad for price). The same might apply to payment processors where they can do away with cryptos if a client only cares abouf fiat.
The incentive to pull 1000s of DRKs into DarkSend nodes will significantly reduce the parked DRKs and the ability of third parties to make fractional practices with DRKs that they do not own, which is good for the price. At the same time, risk exposure to hacked exchanges that lose hundreds of thousands of coins will also be reduced as the coins parked will be less. However there is the individual risk of each running node to get hacked, so this needs to be very well thought out. 100 nodes running = 100k DRK bounty for hackers.
It'll be an interesting experiment for sure...
And a scary one, I'm scared. I think everyone should be scared. Scared enough to take this seriously
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:36:22 PM |
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Please let's calm down. Bitcoin didn't go up overnight. Warren Buffett didn't make his billions overnight. Darkcoin won't go to BTC parity overnight. But I think it could make a serious play on BTC in the coming months.
Instead of running commentary on the short term swings in price, let's get to work on developing the community and promoting the benefits of anonymous transactions. Not many people know about DRK. Let's get to work people. That's how we'll change the fortunes of DRK supporters/investors.
I'm editing/rewriting the Darkcoin website copy. I plan to have something to show by the end of the week. I also recently wrote that media release and I plan to write more releases as DRK develops. Other people are putting in some good work.
What's everyone else doing?
Cool story. Guy, you are not a hero... everyone can make a website and call the media ect,ect. Just.... you wanna do it then you do it, everybody has a work to do in this world. I don't understand why you come here playing the hero and blaming the people for nothing lol. Ah, you mis-read him, he isn't "playing the hero" he's trying to encourage us to do something. I'm always trying to think of something I'm able to do, but frankly, I'm not all that great at much, LOL. After my chores, I might try some research so I can write something up with backup??? Ummmm yah, I'm avoiding chores like the plague right now, LOL. Lazy is my second name, LOL
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:38:14 PM |
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Anybody have teamviewer willing to help me get my oldwallet n sync with new wallet I have over 200 coins in wallet stuck I tried to send my coins from old to new but the wallet never synced?
I think we have to use the RC1 wallet now. Can anyone confirm that the regular wallet still works? Unfortunately, this leaves a hole where you can't compile the wallet yourself as the beta is closed source until it's finished. I may be wrong though???
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DieCommieScum
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April 27, 2014, 06:40:11 PM |
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Anybody have teamviewer willing to help me get my oldwallet n sync with new wallet I have over 200 coins in wallet stuck I tried to send my coins from old to new but the wallet never synced?
I think we have to use the RC1 wallet now. Can anyone confirm that the regular wallet still works? Unfortunately, this leaves a hole where you can't compile the wallet yourself as the beta is closed source until it's finished. I may be wrong though??? The regular wallet is fine.
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:42:30 PM |
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I'm new to darkcoin and don't know much about it, but I noticed that Darkcoin.io has an old windows binary. The download on the front page is 0.9.1.2. It's not cool. That should be changed!
I know, both developers have their noses to the grindstone lately, and I can imagine it's hard to switch to do the mundane of keeping the website up to date, especially because the design is still up in the air... Ugh!
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AlexGR
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April 27, 2014, 06:45:17 PM |
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There is no good reason why the private key needs to be stored on a masternode.
In an ideal setup, you would just broadcast a signed message "Authorizing 123.123.123.123 as masternode with input 1bcd1c22a3687e1ec1ea6ce61d3a43fae3581da9305d64fda298bbb66d1691ec expires 1398622305"
In this case 123.123.123.123 would be your masternode, but you don't need to have the private keys on that node. The signed message proves you are authorizing that IP to be the masternode for that input.
In this scenario you are proposing, would it be possible to spend the 1000 DRKs (located elsewhere) after the node initiates?
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DieCommieScum
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April 27, 2014, 06:45:47 PM |
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I'm new to darkcoin and don't know much about it, but I noticed that Darkcoin.io has an old windows binary. The download on the front page is 0.9.1.2. It's not cool. That should be changed!
I know, both developers have their noses to the grindstone lately, and I can imagine it's hard to switch to do the mundane of keeping the website up to date, especially because the design is still up in the air... Ugh! 9.1.2 is correct.
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:46:56 PM |
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true. But my goal is to become a whale when this coin hits $10+ Day trade it and slowly get more and more masternodes while taking out 1-5grand a day to my paypal ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Quit my job and travel the world. Im also gonna stop by evans place with some hot girls and a brick of gold ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Can you tell me when to buy and sell then? I'm so horrible at that! Wait, no! Down Tante, Down, thou shalt not play with dark! LOL
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TanteStefana
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The Future Of Work
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April 27, 2014, 06:48:06 PM |
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true. But my goal is to become a whale when this coin hits $10+ Day trade it and slowly get more and more masternodes while taking out 1-5grand a day to my paypal ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Quit my job and travel the world. Im also gonna stop by evans place with some hot girls and a brick of gold ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Please make sure they don't have any STD's ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
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humanitee
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April 27, 2014, 06:53:48 PM |
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There is no good reason why the private key needs to be stored on a masternode.
In an ideal setup, you would just broadcast a signed message "Authorizing 123.123.123.123 as masternode with input 1bcd1c22a3687e1ec1ea6ce61d3a43fae3581da9305d64fda298bbb66d1691ec expires 1398622305"
In this case 123.123.123.123 would be your masternode, but you don't need to have the private keys on that node. The signed message proves you are authorizing that IP to be the masternode for that input.
Did you see Evan's post about not needing the 1000 DRK on the actual master node? You just start a master node on your local machine and then call a darkcoind command to forward the master node to some other machine running darkcoind. I'm sure it works the way you describe, or something very similar. The best setup is to have 2 machines:
Machine A: Holds 1000DRK, runs as masternode. Use configuration option -masternodeaddr=machineB Machine B: Holds 0DRK, runs as masternode.
There's no target.
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philipmicklon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 06:59:24 PM |
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There is no good reason why the private key needs to be stored on a masternode.
In an ideal setup, you would just broadcast a signed message "Authorizing 123.123.123.123 as masternode with input 1bcd1c22a3687e1ec1ea6ce61d3a43fae3581da9305d64fda298bbb66d1691ec expires 1398622305"
In this case 123.123.123.123 would be your masternode, but you don't need to have the private keys on that node. The signed message proves you are authorizing that IP to be the masternode for that input.
In this scenario you are proposing, would it be possible to spend the 1000 DRKs (located elsewhere) after the node initiates? it's always possible to broadcast a transaction if you have the private keys. That's why the input needs validated before a masternode is elected.
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poornamelessme
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 07:01:32 PM |
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I'm new to darkcoin and don't know much about it, but I noticed that Darkcoin.io has an old windows binary. The download on the front page is 0.9.1.2. It's not cool. That should be changed!
I know, both developers have their noses to the grindstone lately, and I can imagine it's hard to switch to do the mundane of keeping the website up to date, especially because the design is still up in the air... Ugh! Where is the newest mac wallet to use? I don't have a ton of coins (maybe 1000ish) but sort of want to consolidate them in a safe place now. I tried using the mac wallet from the main website, but it couldn't sync. Is there a better wallet? Or do I need to set up some files on it or something?
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chaeplin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 07:03:48 PM |
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I'm new to darkcoin and don't know much about it, but I noticed that Darkcoin.io has an old windows binary. The download on the front page is 0.9.1.2. It's not cool. That should be changed!
I know, both developers have their noses to the grindstone lately, and I can imagine it's hard to switch to do the mundane of keeping the website up to date, especially because the design is still up in the air... Ugh! Where is the newest mac wallet to use? I don't have a ton of coins (maybe 1000ish) but sort of want to consolidate them in a safe place now. I tried using the mac wallet from the main website, but it couldn't sync. Is there a better wallet? Or do I need to set up some files on it or something? First page https://bitcointalk.org/index.php?topic=421615.msg4585071#msg4585071
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ErrorId
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 07:06:57 PM |
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bought 4btc drk at 500 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I;m the worst trader ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I sold some of my dark at something like 24 or so, bought it back at 51, lost half of 'em! I think I deserve the crown. On the other hand, I'm glad what I have is back in dark, and I won't screw up like that again. Don't be too concerned, seriously, I'm certain it will be going up so much higher, it won't matter. Damn, so sorry to hear that TS.
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poornamelessme
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 07:07:40 PM |
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I'm new to darkcoin and don't know much about it, but I noticed that Darkcoin.io has an old windows binary. The download on the front page is 0.9.1.2. It's not cool. That should be changed!
I know, both developers have their noses to the grindstone lately, and I can imagine it's hard to switch to do the mundane of keeping the website up to date, especially because the design is still up in the air... Ugh! Where is the newest mac wallet to use? I don't have a ton of coins (maybe 1000ish) but sort of want to consolidate them in a safe place now. I tried using the mac wallet from the main website, but it couldn't sync. Is there a better wallet? Or do I need to set up some files on it or something? First page https://bitcointalk.org/index.php?topic=421615.msg4585071#msg4585071Hmm... does that differ from the one upon their website? I wonder why it wouldn't sync for me. Pretty sure that is the one I used.
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Kai Proctor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 07:09:16 PM |
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I'm new to darkcoin and don't know much about it, but I noticed that Darkcoin.io has an old windows binary. The download on the front page is 0.9.1.2. It's not cool. That should be changed!
I know, both developers have their noses to the grindstone lately, and I can imagine it's hard to switch to do the mundane of keeping the website up to date, especially because the design is still up in the air... Ugh! Where is the newest mac wallet to use? I don't have a ton of coins (maybe 1000ish) but sort of want to consolidate them in a safe place now. I tried using the mac wallet from the main website, but it couldn't sync. Is there a better wallet? Or do I need to set up some files on it or something? First page https://bitcointalk.org/index.php?topic=421615.msg4585071#msg4585071Hmm... does that differ from the one upon their website? I wonder why it wouldn't sync for me. Pretty sure that is the one I used. I tested it and it works for me. And yes it's the current version without DarkSend. Delete the folders blocks and chainstate in \AppData\Roaming\DarkCoin and let the wallet resync.
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