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

[coins101]

How to get onto the BTCChina project board (and not get struck-off like Doge)



* Tweet the BTCChina account.
* Continue to promote DRK and all it's fab features and technical support
* Keep the exchange volume high (they are an exchange, about to be restricted because of PBOC impact on use of bank accounts)
* If any country needs anonymity, its China
* Work on a China strategy, beyond just having a page translated

* The p2p lending is a great development option for the future. Who likes to tell the world they borrowed money?

[LimLims]

I don't think there's been an official statement about chained pooling being built into Darksend. AFAIK it's just an idea that was tossed around. Personally I think it's necessary for any usable level of anonymity (preferably with the ability to specify whitelisted masternodes).

I think it was mentioned, in the discussion between evan/anonymint that by darksending it multiple times through a number of nodes it reduces the bad-actor probabilities to a statistically safe degree to solve the issue that the darksend node knows who sends what.

Yeah -- discussed theoretically, but I don't remember seeing a mention of it in the dev roadmap.

ok -- but with a timing analysis, the number of transactions in (let's say) a 60 second window will be relatively few, so it's not too hard to reconstruct what really happened, especially with uncommon amounts (e.g. I send you 16.023957).

Unless you force people to use 10/1/0.1/0.01 and everything is grouped in batches of that kind and it is stretched out over more time. I think this will be a case of continuous upgrade of the anonymity capabilities (DarkSend 1, 2, 3, 5, 10, 50 etc) with extra features / capabilities / improvements as we go along...

I believe this is how Darksend was initially conceived to work (minus the timing part), but this was changed in the current implementation to a different strategy that allows you to send amounts with arbitrary granularity. So I'm not sure if/how the current implementation gets around timing analyses.

[chompyZ]

Btw, I got an idea just now: It would be an interesting twist if one could send to two addresses instead of one, in a single transaction, with the sent amount being broken into two randomly sized parts. For example I send you 16 DRK and you get 5.4 DRK in one address and 10.6 DRK in another. You still got 16 but it's in two addresses so noone can corelate my 16 output and your receiving of ..5.4 and 10.6. If a further layer is added (for practical purposes) to treat these addresses as one (for the sender and receiver) it could also be quite easy to use. Kind of meta-addresses that overlap/include the sending/receiving addresses.

ok -- but with a timing analysis, the number of transactions in (let's say) a 60 second window will be relatively few, so it's not too hard to reconstruct what really happened, especially with uncommon amounts (e.g. I send you 16.023957).

[Note- i don't know what is chain pooling that you mentioned...]

When someone here ran a script to calculate the rich-list (many pages back), I remember he/she managed to correlate between different addresses as being part of the same wallet.
So if I understand correct, what AlexGR suggested sounds intriguing, but 'hackable'.

My question is- what if we take it further and instead of having the transactions divided between several addresses, it ius divided into several 'wallets' that reside on the same qt, feed from the same blackchain dat, but each having a separate wallet.dat file/keys ?

[tungfa]

Seems the whales indeed found too shallow waters in DRK and moved on.

 Has correction been established? Whats the criteria?

Nope, this isn't correction. A lot people got in recent days because they expected Drk countinue growing and give them short term profits. If Drk don't increase any more in next 2-3 weeks, they'll start selling and price will slowly decrease.

I agree
and honestly we can do without the whales for a bit !
Keep it steady, the markets will show when the next releases are out.
Stocked up a bit before it all hit, and am set for the next round …>>

[AlexGR]

Seems the whales indeed found too shallow waters in DRK and moved on.

 Has correction been established? Whats the criteria?

Nope, this isn't correction. A lot people got in recent days because they expected Drk countinue growing and give them short term profits. If Drk don't increase any more in next 2-3 weeks, they'll start selling and price will slowly decrease.

I agree
and honestly we can do without the whales for a bit !
Keep it steady, the markets will show when the next releases are out.
Stocked up a bit before it all hit, and am set for the next round …>>

I think the whales are lurking, waiting for the market players to get bold with their orders, or fill the orderbook around the 360-400 level that seems relatively stable and then sweep it all. I've been noticing large buy orders at <400 levels and there's too little selling on the whales there (meaning <400) making it more costly for them to acquire the DRKs. 550 though is a point where many have demonstrated their willingness to sell.

The whale, IMO did a mistake in how they went after the pumping. He allowed people to get back in and buy back lower which they used to dump on the whale in the next spike. He should lock everyone out by taking their DRKs and game over for everyone selling. Stabilize the price at increasingly higher levels with buy walls and force everyone to panic buy their way back in - escalating the price further. Just my 2 whale cents

[thelonecrouton]

What do we need individual addresses for?

All we need to know, is what our individual share of the total DRK in existence is, and a private key allowing us access to that amount.

New public key is generated when transaction occurs and balances change.

Total DRK and new coins generated remain p2p verified like it is now.

Wallets become a list of your public keys for whatever fractions of the total DRK you hold. Unlock with private key.

Modify blockchain so it doesn't display amounts, just your updated public key.

Good luck tracing anything.





No, I'm not stoned. And I'm sure there are hundreds of things wrong with the above.

[GhostPlayer]

Whales are circling indeed... -> https://www.youtube.com/watch?v=Z4xlddRB0Og

 

(found it snooping BC's thread)

[thelonecrouton]

Whales are circling indeed... -> https://www.youtube.com/watch?v=Z4xlddRB0Og

 

(found it snooping BC's thread)

Well that pretty much summed up the usual conversation in the Polo trollbox. 

[coins101]

200 votes, nice round number.



https://bitcointalk.org/index.php?topic=579976.msg6335710#msg6335710

[GhostPlayer]

I'm a geek, not a trader. Someone please explain this like I'm 5 yrs old please? Whats the strategy, and how on earth can on put in those orders that quick? API trading bot?

[GhostPlayer]

[infinitewealth]

I think people are selling darkcoin to move into dogecoin because of the halvening!

[rickraw]

I think people are selling darkcoin to move into dogecoin because of the halvening!

Last halving didn't do much for the price if I recall correctly.

[thelonecrouton]

I'm a geek, not a trader. Someone please explain this like I'm 5 yrs old please? Whats the strategy, and how on earth can on put in those orders that quick? API trading bot?

Yep, bot trying to drive the price down.

There's no real volume below 0.004+ but a lot of people will just scan the latest sell price and mistakenly conclude there's a downturn.

[patrolman]

I think people are selling darkcoin to move into dogecoin because of the halvening!

It would take much more than the block reward halving for me to even consider selling my darkcoin to buy dogecoin

[rickraw]

So what's everyone's predictions for the near future? Waiting to see some movement due to RC2 release? Going to try and short DRK?

[AlexGR]

I think people are selling darkcoin to move into dogecoin because of the halvening!

Last halving didn't do much for the price if I recall correctly.

It actually fell...

So what's everyone's predictions for the near future? Waiting to see some movement due to RC2 release? Going to try and short DRK?

Short term prediction: The market will remain unpredictable due to whale movements.

[rickraw]

I think people are selling darkcoin to move into dogecoin because of the halvening!

Last halving didn't do much for the price if I recall correctly.

It actually fell...

So what's everyone's predictions for the near future? Waiting to see some movement due to RC2 release? Going to try and short DRK?

Short term prediction: The market will remain unpredictable due to whale movements.

Indeed.  Perhaps I should have used the term "plans"... I'm guessing the overwhelming majority would say hold.  I don't see us hitting 0.003 again (maybe not even close) so I don't see much opportunity to short, I think it would be too risky.  Evan could release RC2 anytime.

[GhostPlayer]

Anyone care to share cool software that interacts with Mintpal ?

[Lauda]

I think people are selling darkcoin to move into dogecoin because of the halvening!

Not really. The last halving didn't do anything.