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

[chompyZ]

So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  .  

Now for the good news, if anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on

So I have a bit of a confession to make.  Maybe you guys already knew this but...

Back in the mid 90s, when Internet bubble started to boom, the talk of the town was that within a decade, everything will be connected to the Internet - mobile phones via WAP, TVs, computers, the booming laptop market, PDAs (Personal Digital Assistants), and even refrigerators that will contact your local grocery and order what is missing in the fridge.

The problem was - THERE WOULDN'T BE ENOUGH IP ADDRESSES.

Even when we modeled the use of proxy servers by large organizations, the fact that the internet was moving towards an Always-On + static IPs meant there simply weren't enough IPs.

So we talked about moving from Internet V.4 to V.6...

and guess what - 2 decades later and we are still on the same internet V.4 and all is well.

Analogy - Darkcoin V1 may not be fully anonymous, but it will get there.
We have a good dev, an intelligent community, and patience.
As in the words of Donald Sutherland (Kelly' Heroes) - "There's going to be a bridge... and it's a beautiful bridge..."    
 

[Macno]

How does the whale pump thing work exactly? The initial buy orders have hardly been touched. Is the same whale making all the smaller buy orders to drive the price up?

I don`t get it either. Would only make sense if he/she hoping to dump afterwards. In general I am no big believer in whale mythology, I think it`s more people panic buying and then panic selling who drive prices  

[Kai Proctor]

Or neither, maybe he predicts a big rise tomorrow. (I would buy directly)

So it`s impatient and he only now saw that the Wire story is coming.

That's not impatience he's trying to buy a lot before and at the beginning of a possible rise and he is not waiting for others to do the same.

[chaeplin]

Masternode count graph



Running a Masternode is better than Buying/Running a mining rig.

[Brilliantrocket]

I feel like no matter how you denominate pools or break up transactions, we need something in addition to Darksend to provide even greater anonymity. Regardless of how you break up a transaction, blockchain analysis could still pinpoint where coins are coming from and where they are going.

[droptable]

So we talked about moving from Internet V.4 to V.6...

 

have you tried to order V4-adresses lately?
nope. all gone.

at least in central europe v6 is coming.
(not like "winter is coming - it realy is)

...but you are right. it took us 2 decades.

[humanitee]

I feel like no matter how you denominate pools or break up transactions, we need something in addition to Darksend to provide even greater anonymity. Regardless of how you break up a transaction, blockchain analysis could still pinpoint where coins are coming from and where they are going.

I keep seeing this, but it's simply not true if DarkSend gets a high enough volume of inputs. All coins actually move in the final transaction once all parties sign, at the exact same time (because the master node broadcasts the finalized transaction). If we are using the 100 DRK pool, and there are 20 inputs to it and > 40 outputs, who sent what to where? It's even harder once the change is denominated and sent back to the sender. If 20 people all get change it would be very difficult to say who got what.

Expounding further, if you then use the fabled change pool, sure, all your change addresses move at once, but so do everyone else's who is using the change pool for that block. And this all happens at the exact same time, once again. Now, who owned the change addresses before they were mixed and which output address did they get?

It would be theoretically possible to lump change input addresses together by prior transaction number but who controlled the outputs would be unknown.

[Freckleg]

At this rate we hit .005 in less than 4 hours. And that is even before the article is out. I guess a quality coin like dark will always meet high demand.

+1 on bringing the new website out

[daddeo]

I feel like no matter how you denominate pools or break up transactions, we need something in addition to Darksend to provide even greater anonymity. Regardless of how you break up a transaction, blockchain analysis could still pinpoint where coins are coming from and where they are going.

I keep seeing this, but it's simply not true if DarkSend gets a high enough volume of inputs. All coins actually move in the final transaction once all parties sign, at the exact same time (because the master node broadcasts the finalized transaction). If we are using the 100 DRK pool, and there are 20 inputs to it and > 40 outputs, who sent what to where? It's even harder once the change is denominated and sent back to the sender. If 20 people all get change it would be very difficult to say who got what.

Expounding further, if you then use the fabled change pool, sure, all your change addresses move at once, but so do everyone else's who is using the change pool for that block. And this all happens at the exact same time, once again. Now, who owned the change addresses before they were mixed and which output address did they get?

This is what I thought it would/will work like.
If X coins leave a/some addresses, mix, and end up in a/some addresses, and if all the inputs to the pools are of equal value, how would you ever know with certainty where exactly they came from.
I think I'm just further confusing myself by thinking about it too much.  

[dotnetmin]

At this rate we hit .005 in less than 4 hours. And that is even before the article is out. I guess a quality coin like dark will always meet high demand.

+1 on bringing the new website out

And again the whales are playing anround with DRK. I hate these crypto thinks from day to day more.
On good news price decline, after getting attacked heayly price goes up like ....

lottery seams to be easier to predict

[GhostPlayer]

I think its an obvious trap. 91 BTC buy at 31500 on Mintpal

 whales dont read whitepapers, so again, a failed incursion.

[conf]

Any news about http://drk.coinmine.pl/ ?

I would like to know too.

i found the answer, DDOS attacks? > https://bitcointalk.org/index.php?topic=279903.260

[Minotaur26]

At this rate we hit .005 in less than 4 hours. And that is even before the article is out. I guess a quality coin like dark will always meet high demand.

+1 on bringing the new website out

And again the whales are playing anround with DRK. I hate these crypto thinks from day to day more.
On good news price decline, after getting attacked heayly price goes up like ....

lottery seams to be easier to predict

Dude you are going about it all wrong, fundamentals beat short term swings everytime. Is the Dev team professional and responsive? Yes. Does this coin offer something BTC does not? Yes. Is there a big potential market for anonymous coins? Yes. It is really a no brainer, but you need to buy when other are panic selling, because the value is always there even if people get scared from time to time.

[chesthing]

How does the whale pump thing work exactly? The initial buy orders have hardly been touched. Is the same whale making all the smaller buy orders to drive the price up?

I don`t get it either. Would only make sense if he/she hoping to dump afterwards. In general I am no big believer in whale mythology, I think it`s more people panic buying and then panic selling who drive prices  

A few hours ago there was a dump down to 17.5, volume was 4.6 btc during the dump. It immediately rose back up to where it was. What other than one person trying to cause a panic sell would explain that? a few hours later the price pumps. Sure looks to me like 1 person at work here, who tried to get some cheap coins (which didn't work) before his pump.

[Macno]

How does the whale pump thing work exactly? The initial buy orders have hardly been touched. Is the same whale making all the smaller buy orders to drive the price up?

I don`t get it either. Would only make sense if he/she hoping to dump afterwards. In general I am no big believer in whale mythology, I think it`s more people panic buying and then panic selling who drive prices  

A few hours ago there was a dump down to 17.5, volume was 4.6 btc during the dump. It immediately rose back up to where it was. What other than one person trying to cause a panic sell would explain that? a few hours later the price pumps. Sure looks to me like 1 person at work here, who tried to get some cheap coins (which didn't work) before his pump.

0.00175? When? Where? Bitcoimwisdom shows a low at about 0.0026 at cryptsy and mintpal. And what is the logic? Dumping some at low, buying back pricier and then selling now? I simply do not get it. Would be trying to play whale myself if I did :-) I am only smart enough for accumulating for the long term I guess...

[splawik21]

0.00175? When? Where? Bitcoimwisdom shows a low at about 0.0026 at cryptsy and mintpal. And what is the logic? Dumping some at low, buying back pricier and then selling now? I simply do not get it. Would be trying to play whale myself if I did :-) I am only smart enough for accumulating for the long term I guess...

Hmmm I have rather bad sense of when selling or when buying, always did it in wrong moment so I`m good at accumulating too... btw. being a gardener makes you become quite calm person, ppl try it

[chesthing]

How does the whale pump thing work exactly? The initial buy orders have hardly been touched. Is the same whale making all the smaller buy orders to drive the price up?

I don`t get it either. Would only make sense if he/she hoping to dump afterwards. In general I am no big believer in whale mythology, I think it`s more people panic buying and then panic selling who drive prices  

A few hours ago there was a dump down to 17.5, volume was 4.6 btc during the dump. It immediately rose back up to where it was. What other than one person trying to cause a panic sell would explain that? a few hours later the price pumps. Sure looks to me like 1 person at work here, who tried to get some cheap coins (which didn't work) before his pump.

0.00175? When? Where? Bitcoimwisdom shows a low at about 0.0026 at cryptsy and mintpal. And what is the logic? Dumping some at low, buying back pricier and then selling now? I simply do not get it. Would be trying to play whale myself if I did :-) I am only smart enough for accumulating for the long term I guess...

It happened on Pol. What would explain that other than someone trying to get coins cheaper before a planned pump?

[Kai Proctor]

At this rate we hit .005 in less than 4 hours. And that is even before the article is out. I guess a quality coin like dark will always meet high demand.

+1 on bringing the new website out

Maybe even 0.01 in the coming week. The rise seems exponential when it happens and we're starting from a higher level than the last one.

[Macno]

Poloniex? They are completely irrelevant, especially to whales (low volume, no one acts according to their prices). You can only "pump" by buying and hope others do as well. You risk buying too high and not being able to sell - like anyone else?

[splawik21]

At this rate we hit .005 in less than 4 hours. And that is even before the article is out. I guess a quality coin like dark will always meet high demand.

+1 on bringing the new website out

Maybe even 0.01 in the coming week. The rise seems exponential when it happens and we're starting from a higher level than the last one.

It`s very probable Kai...