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

[eltito]

Noob question:

Can anyone explain what the yellow trend line is on this graph?  https://bitcoinwisdom.com/markets/cryptsy/drkbtc

The purpose of the blue one is obvious, but I can't seem to find a thorough explanation of what the yellow one represents.  Is it just meant to be a smoother representation of the price trend or does it represent something else entirely?

Thanks!

[genjix]

I want to clear up some facts which I'm seeing propagated around this community about the CoinJoin trustless mixing used in Dark Wallet.

Dark Wallet coinjoin goes through a server, but the server cannot see any details of your transaction nor can they steal your coins. All details are encrypted for the counterparty, and all signing happens in the client.

The only weakness here is that a server gets taken down stopping the service in which case you switch to another service. Even if the NSA controlled the server, they wouldn't be able to steal your coins or observe your transaction at all.

Lastly the server is sharing messages with other servers (we are improving this too), so it isn't really centralised. It is federated kind of like how different email providers inter-operate with each other. The decentralised aspect will only improve over time as we develop standards and deploy technology.

More info: https://bitcointalk.org/index.php?topic=279249.msg6526623#msg6526623

DW dev

[flowerpots]

I want to clear up some facts which I'm seeing propagated around this community about the CoinJoin trustless mixing used in Dark Wallet.

Dark Wallet coinjoin goes through a server, but the server cannot see any details of your transaction nor can they steal your coins. All details are encrypted for the counterparty, and all signing happens in the client.

The only weakness here is that a server gets taken down stopping the service in which case you switch to another service. Even if the NSA controlled the server, they wouldn't be able to steal your coins or observe your transaction at all.

Lastly the server is sharing messages with other servers (we are improving this too), so it isn't really centralised. It is federated kind of like how different email providers inter-operate with each other. The decentralised aspect will only improve over time as we develop standards and deploy technology.

More info: https://bitcointalk.org/index.php?topic=279249.msg6526623#msg6526623

DW dev

It is centralized or it is not. Like being pregnant. You cannot be a little bit pregnant. Dark Wallet, although I believe it can be a great tool, is still centralized. You have to trust a 3rd party somehow. DarkCoin is decentralized.

[Dusty11]

Whats the estimation on how long it'll take before someone with a masternode will see their 1000drk again? estimated daily earnings?

The 1000 drk is NOT a payment and thus not lost.  You can retrieve it at any time (of course you will then receive no more payouts).

At a 12 coin block reward and 100 masternodes on the network you will get about 6.9 coins daily which is roughly the equivalent of a 38mH/s rig (assuming 35000 net hash rate and 90% of the 12 coin reward).

That should be a decent estimate for the first week or so before a ton of node come online.

ooooh thanks man, I had it all wrong

[th00ber]

Just a question, DRK come from 0.60$ to 1.60$ with the RC of the DarkSend.
With a final DarkSend and a good adoption of the Dark, what is the price you predict ?

Place your bet now, I'll post the result in a week.
https://fr.surveymonkey.com/s/5P2NF3G

We will see if we made a good prediction in 3 months !

75+ Votes ... who has forgotten to vote ?

[dazbarlby]

Noob question:

Can anyone explain what the yellow trend line is on this graph?  https://bitcoinwisdom.com/markets/cryptsy/drkbtc

The purpose of the blue one is obvious, but I can't seem to find a thorough explanation of what the yellow one represents.  Is it just meant to be a smoother representation of the price trend or does it represent something else entirely?

Thanks!

Both the Blue and Yellow lines represent the moving average. The difference is the blue line represents the moving average of the past 7 prices and the yellow line represents the moving average of the past 30 prices. 7 and 30 are the default values, you can change these by going into Settings >  Indicator Parameters.

You might want to take a look at this and other videos produced by money week - https://www.youtube.com/watch?v=_2sa3TC58Qo

[spring.yu]

I don't know what I was doing wrong, but as I suspected, some good rest and I was finally able to compile, LOL Smiley

On another note, the windows 7 binary miner ig0tik3d posted doesn't work on my system either (win 7)   Does the one on the front page still work?  It's still called Xcoin (which might get confusing for newcomers?

[miningpoolhub]

Darkcoin Mining Pool Hub switching to PPLNS

http://darkcoin.miningpoolhub.com

As many miners suggested us to switch to PPLNS, we switched!

- 1% Fee PPLNS
- DDoS protected
- Can mine other coins with single account.

Our darkcoin block finding stat is amazingly good.
http://darkcoin.miningpoolhub.com/index.php?page=statistics&action=blocks

Come and mine together!

[TanteStefana]

I want to clear up some facts which I'm seeing propagated around this community about the CoinJoin trustless mixing used in Dark Wallet.

Dark Wallet coinjoin goes through a server, but the server cannot see any details of your transaction nor can they steal your coins. All details are encrypted for the counterparty, and all signing happens in the client.

The only weakness here is that a server gets taken down stopping the service in which case you switch to another service. Even if the NSA controlled the server, they wouldn't be able to steal your coins or observe your transaction at all.

Lastly the server is sharing messages with other servers (we are improving this too), so it isn't really centralised. It is federated kind of like how different email providers inter-operate with each other. The decentralised aspect will only improve over time as we develop standards and deploy technology.

More info: https://bitcointalk.org/index.php?topic=279249.msg6526623#msg6526623

DW dev

It is centralized or it is not. Like being pregnant. You cannot be a little bit pregnant. Dark Wallet, although I believe it can be a great tool, is still centralized. You have to trust a 3rd party somehow. DarkCoin is decentralized.

Well, I don't know .... I mean, if I had twins or triplets, I think I'd start seeing singles as being a little bit pregos.....     

[ahmed_bodi]

im confused whats the stratum/p2pool bounties for?

[coins101]

im confused whats the stratum/p2pool bounties for?

hard fork 14 May, too much to do....some things have a higher priority for main devs...bounty for support

https://darkcointalk.org/threads/developement-work-for-p2pool-and-nomp-stratum-patch.360/

[feeleep]

Just posted this on my pool news page:

To compensate latest website unavailability due to DDoS attack I decided to make following changes:

- fee is removed completely (0% now)!
- payouts after only 10 confirmations!

Come and join https://www2.coinmine.pl/drk/

feeleep

We are waiting for new miners!

[coins101]

Mixcoin - university types proposing mixing system to give anonymity

http://eprint.iacr.org/2014/077.pdf

pdf

everyone wants in on the action 

[gmerk]

Just posted this on my pool news page:

To compensate latest website unavailability due to DDoS attack I decided to make following changes:

- fee is removed completely (0% now)!
- payouts after only 10 confirmations!

Come and join https://www2.coinmine.pl/drk/

feeleep

We are waiting for new miners!

I think your pool difficulty is too high for small miners feeleep.
You used to have a lower diff one, but now they're all the same 0.015
Am I seeing something wrong?

[feeleep]

Just posted this on my pool news page:

To compensate latest website unavailability due to DDoS attack I decided to make following changes:

- fee is removed completely (0% now)!
- payouts after only 10 confirmations!

Come and join https://www2.coinmine.pl/drk/

feeleep

We are waiting for new miners!

I think your pool difficulty is too high for small miners feeleep.
You used to have a lower diff one, but now they're all the same 0.015
Am I seeing something wrong?

good point - thanks!

I opened new port 16090 for low hashrate users:

Code:

minerd -a X11 -o stratum+tcp://drk.coinmine.pl:16090 -u username.workername -p worker_pass

feeleep

[Macno]

I want to clear up some facts which I'm seeing propagated around this community about the CoinJoin trustless mixing used in Dark Wallet.

Dark Wallet coinjoin goes through a server, but the server cannot see any details of your transaction nor can they steal your coins. All details are encrypted for the counterparty, and all signing happens in the client.

The only weakness here is that a server gets taken down stopping the service in which case you switch to another service. Even if the NSA controlled the server, they wouldn't be able to steal your coins or observe your transaction at all.

Lastly the server is sharing messages with other servers (we are improving this too), so it isn't really centralised. It is federated kind of like how different email providers inter-operate with each other. The decentralised aspect will only improve over time as we develop standards and deploy technology.

More info: https://bitcointalk.org/index.php?topic=279249.msg6526623#msg6526623

DW dev

It is centralized or it is not. Like being pregnant. You cannot be a little bit pregnant. Dark Wallet, although I believe it can be a great tool, is still centralized. You have to trust a 3rd party somehow. DarkCoin is decentralized.

Well, I don't know .... I mean, if I had twins or triplets, I think I'd start seeing singles as being a little bit pregos.....     

Is this all the techies around here have to say about that? As an investor, I`d like to know more about it (true, not true, partially true etc), because it adresses the supposed "unique selling proposition" of Darkcoin.

[thelonecrouton]

For masternodes, can the static IP be IPv6?

[blajde]

Anybody know what's happening with  - https://cpu-pool.net/drk/index.php

Round Shares [Submitted shares since last found block (ie. round shares)]
Est. Shares    764,912 (done: 2048.62%)
Pool Valid    15,670,155
Your Valid    196,400
Pool Invalid    0 (0.00%)
Your Invalid    0 (0.00%)


Network Info
Difficulty    746.98451541
Est Next Difficulty    131,350.33985674 (Change in 1 Blocks)
Est. Avg. Time per Block    0 minutes 0 seconds
Current Block    64928


This has to be some of the worst "luck" I have ever seen.....

was just going to ask.. 24hours 2 blocks found.

how is the mining distribution now? gief sexy circle graph

[Xdragon]

Anybody know what's happening with  - https://cpu-pool.net/drk/index.php

Round Shares [Submitted shares since last found block (ie. round shares)]
Est. Shares    764,912 (done: 2048.62%)
Pool Valid    15,670,155
Your Valid    196,400
Pool Invalid    0 (0.00%)
Your Invalid    0 (0.00%)


Network Info
Difficulty    746.98451541
Est Next Difficulty    131,350.33985674 (Change in 1 Blocks)
Est. Avg. Time per Block    0 minutes 0 seconds
Current Block    64928


This has to be some of the worst "luck" I have ever seen.....

It is the worst darkcoin pool, especially if you are small miner, because auto payout fee is 0.1 drk!

[coins101]

I want to clear up some facts which I'm seeing propagated around this community about the CoinJoin trustless mixing used in Dark Wallet.

Dark Wallet coinjoin goes through a server, but the server cannot see any details of your transaction nor can they steal your coins. All details are encrypted for the counterparty, and all signing happens in the client.

The only weakness here is that a server gets taken down stopping the service in which case you switch to another service. Even if the NSA controlled the server, they wouldn't be able to steal your coins or observe your transaction at all.

Lastly the server is sharing messages with other servers (we are improving this too), so it isn't really centralised. It is federated kind of like how different email providers inter-operate with each other. The decentralised aspect will only improve over time as we develop standards and deploy technology.

More info: https://bitcointalk.org/index.php?topic=279249.msg6526623#msg6526623

DW dev

It is centralized or it is not. Like being pregnant. You cannot be a little bit pregnant. Dark Wallet, although I believe it can be a great tool, is still centralized. You have to trust a 3rd party somehow. DarkCoin is decentralized.

Well, I don't know .... I mean, if I had twins or triplets, I think I'd start seeing singles as being a little bit pregos.....     

Is this all the techies around here have to say about that? As an investor, I`d like to know more about it (true, not true, partially true etc), because it adresses the supposed "unique selling proposition" of Darkcoin.

Dark Wallet’s developers admit it’s still at an early stage, and that, like any cryptography project, it will only prove itself and patch its bugs over time. Taaki says, for instance, that the software will eventually combine more than two users’ payments in every CoinJoin transaction, and also integrate the anonymity software Tor to better protect users’ IP addresses. In its current form, Taaki says Dark Wallet protects IPs only by obscuring them behind the server that negotiates CoinJoin transactions, which may still leave users vulnerable to identification by sophisticated traffic analysis. “It’s not foolproof, but it’s a strong tool,” says Taaki. “And it’s going to get better.”

http://www.wired.com/2014/04/dark-wallet/

The DarkWallet alpha release is our first release, aimed at showing and validating the different features with the community, before we have to settle it as finished and stable.
You can Create an identity in testnet to avoid risking real money with this alpha software.

https://wiki.unsystem.net/index.php/DarkWallet/Alpha

Its still a work in progress, it has problems, its using a central routing system (them), it's a browser plugin (might be risky), to get better anonymity you have to do some active work to get stealth addresses - it looks good as a third party service for bitcoin, but its not there yet or proven; which is straight from the horses mouth.

The USP of darkcoin is this: every wallet is set by default to mix transactions so its decentralised from the source. The mixing takes places through distributed master nodes which anyone can set-up provided they pay x DRK to prevent anyone from setting up rouge nodes with very little cost. So the start of the mixing is decentralised and the mixing is decentralised. The blockchain is useless.

As a user you don't have to do much, so the hurdle to participate is downloading a wallet. From then on, you have access to electronic cash.