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

[Scriptiee]

 HIRO network hashrate dropped to a massive 2,3GH/s...

HIRO is dead

[miningpoolhub]

Is there anyone having this problem?

darkcoind getblocktemplate
error: {"code":-1,"message":"CreateNewBlock() : ConnectBlock failed"}

I compiled from the latest github source, connected to testnet, but have no success on this command.
I even deleted testnet3 directory and rebooted but not working as expected.

getmininginfo
{
    "blocks" : 4601,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.08607635,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 2751552,
    "pooledtx" : 0,
    "testnet" : true
}

this getmininginfo command seems alright.

getconnectioncount
4

[sgk]

 HIRO network hashrate dropped to a massive 2,3GH/s...

HIRO is dead

No surprises there. The coin had no real purpose or unique features, just a X11 clone.

[toknormal]

Nice Sellorder......20btc brought us from 600 to 580
I don't know how you all see it, but since Saturday I am expecting a big correction dip before we definitely go up. I wouldn't be surprised if we go back to 500-525

I've been expecting this as well.

But now I'm not so sure. The 4 hour chart has been crossing over in the last 12 hours. Usually when that happens at the end of a big rise you get huge dumping at the tops of the 5 minute waves.

But it's not happening. There have been some large cashouts but some humungous buy ins as well. I think there is currently very high demand and people are scared of loosing their coins. It's not your normal pump & dump scenario where people are trading on charts.

It appears to be a genuine long term revaluation. I was going to dump a load of coins last night because my 'pump & dump' bones were telling me it was about to crash back down to 55 or 50. Woke up this morning and it's still at 60.

If it does go down I don't think it will go down much. Also, since yesterday, the 4 hour MACD convergeance has narrowed. It's not as sharp a puncture as it was yesterday. It may just "glide on" and "glide back off" again.

The other problem with day trading at a coin like this is that there are hawks waiting for every dip. You think you're being clever by getting out at the top and then waiting for it to bottom again. But then what happens is on the way down, after a drop of just 2000 sats or something, a whale comes in and steals it from you. Before you know it your trying to get back in at a loss.

It's times like these where I think it's better to trade on fundamentals and simply take a decision if you want your coins long term or not.

Hodling.

[Dusty11]

It's going to be really impressive when a masternode costs $10 000

True. Hopefully there will still be enough incentive for people to want to start them up and run them.
I guess as the price goes up then so does the payouts for running one.

[chaeplin]

Is there anyone having this problem?

darkcoind getblocktemplate
error: {"code":-1,"message":"CreateNewBlock() : ConnectBlock failed"}

I compiled from the latest github source, connected to testnet, but have no success on this command.
I even deleted testnet3 directory and rebooted but not working as expected.

getmininginfo
{
    "blocks" : 4601,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.08607635,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 2751552,
    "pooledtx" : 0,
    "testnet" : true
}

this getmininginfo command seems alright.

getconnectioncount
4

I think testnet seed 23.23.186.131 get stuck at 4601.
Use 112.175.123.94 for test.

darkcoind getinfo
{
    "version" : 90302,
    "protocolversion" : 70014,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 4696,
    "timeoffset" : 0,
    "connections" : 1,
    "proxy" : "",
    "difficulty" : 0.06990266,
    "testnet" : true,
    "keypoololdest" : 1399871499,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

darkcoind getmininginfo
{
    "blocks" : 4696,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 0.06990266,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 719005,
    "pooledtx" : 0,
    "testnet" : true
}

darkcoind getblocktemplate
{
    "version" : 2,
    "previousblockhash" : "0000000876df11e3133f9a349c36d63b14158d51fa268b0c97e5296b2354dec8",
    "transactions" : [
    ],
    "coinbaseaux" : {
        "flags" : "062f503253482f"
    },
    "coinbasevalue" : 50000000000,
    "target" : "0000000e1dd30000000000000000000000000000000000000000000000000000",
    "mintime" : 1399880767,
    "mutable" : [
        "time",
        "transactions",
        "prevblock"
    ],
    "noncerange" : "00000000ffffffff",
    "sigoplimit" : 20000,
    "sizelimit" : 1000000,
    "curtime" : 1399882464,
    "bits" : "1d0e1dd3",
    "height" : 4697,
    "votes" : [
        "55120000000000001976a914f04a5d893b992e4776a0e3da016cd1fc13cfe7c388ac04000000",
        "56120000000000001976a9149449ec028bc3353f78cab6cc78eff76ffb59214088ac03000000",
        "57120000000000001976a91473e2e430e836a8ec6a4fe6c7e8781ecdbc83e9a788ac02000000",
        "58120000000000001976a9149449ec028bc3353f78cab6cc78eff76ffb59214088ac01000000",
        "59120000000000001976a91473e2e430e836a8ec6a4fe6c7e8781ecdbc83e9a788ac01000000"
    ],
    "payee" : "muy8D3ysxpNNw4KUgvT7isVU2EZRepZoQe",
    "masternode_payments" : true
}

[AlexGR]

The other problem with day trading at a coin like this is that there are hawks waiting for every dip. You think you're being clever by getting out at the top and then waiting for it to bottom again. But then what happens is on the way down, after a drop of just 2000 sats or something, a whale comes in and steals it from you. Before you know it your trying to get back in at a loss.

Yep, I've lost coins to the hawk-whale-buyers-on-the-dip... that wasn't happening on prior rise/fall cycles.

[miningpoolhub]

Is there anyone having this problem?

darkcoind getblocktemplate
error: {"code":-1,"message":"CreateNewBlock() : ConnectBlock failed"}

I compiled from the latest github source, connected to testnet, but have no success on this command.
I even deleted testnet3 directory and rebooted but not working as expected.

getmininginfo
{
    "blocks" : 4601,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.08607635,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 2751552,
    "pooledtx" : 0,
    "testnet" : true
}

this getmininginfo command seems alright.

getconnectioncount
4

I think testnet seed 23.23.186.131 get stuck at 4601.
Use 112.175.123.94 for test.

darkcoind getinfo
{
    "version" : 90302,
    "protocolversion" : 70014,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 4696,
    "timeoffset" : 0,
    "connections" : 1,
    "proxy" : "",
    "difficulty" : 0.06990266,
    "testnet" : true,
    "keypoololdest" : 1399871499,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

darkcoind getmininginfo
{
    "blocks" : 4696,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 0.06990266,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 719005,
    "pooledtx" : 0,
    "testnet" : true
}

darkcoind getblocktemplate
{
    "version" : 2,
    "previousblockhash" : "0000000876df11e3133f9a349c36d63b14158d51fa268b0c97e5296b2354dec8",
    "transactions" : [
    ],
    "coinbaseaux" : {
        "flags" : "062f503253482f"
    },
    "coinbasevalue" : 50000000000,
    "target" : "0000000e1dd30000000000000000000000000000000000000000000000000000",
    "mintime" : 1399880767,
    "mutable" : [
        "time",
        "transactions",
        "prevblock"
    ],
    "noncerange" : "00000000ffffffff",
    "sigoplimit" : 20000,
    "sizelimit" : 1000000,
    "curtime" : 1399882464,
    "bits" : "1d0e1dd3",
    "height" : 4697,
    "votes" : [
        "55120000000000001976a914f04a5d893b992e4776a0e3da016cd1fc13cfe7c388ac04000000",
        "56120000000000001976a9149449ec028bc3353f78cab6cc78eff76ffb59214088ac03000000",
        "57120000000000001976a91473e2e430e836a8ec6a4fe6c7e8781ecdbc83e9a788ac02000000",
        "58120000000000001976a9149449ec028bc3353f78cab6cc78eff76ffb59214088ac01000000",
        "59120000000000001976a91473e2e430e836a8ec6a4fe6c7e8781ecdbc83e9a788ac01000000"
    ],
    "payee" : "muy8D3ysxpNNw4KUgvT7isVU2EZRepZoQe",
    "masternode_payments" : true
}

Thanks. It's working!

Thank you again.

[Honest Tim]

will do things for Masternode.

Simply put that on a piece of cardboard with a black marker pen and stand out on the street. God will send someone to you.

[luke997]

Nice Sellorder......20btc brought us from 600 to 580
I don't know how you all see it, but since Saturday I am expecting a big correction dip before we definitely go up. I wouldn't be surprised if we go back to 500-525

I've been expecting this as well.

But now I'm not so sure. The 4 hour chart has been crossing over in the last 12 hours. Usually when that happens at the end of a big rise you get huge dumping at the tops of the 5 minute waves.

But it's not happening. There have been some large cashouts but some humungous buy ins as well. I think there is currently very high demand and people are scared of loosing their coins. It's not your normal pump & dump scenario where people are trading on charts.

It appears to be a genuine long term revaluation. I was going to dump a load of coins last night because my 'pump & dump' bones were telling me it was about to crash back down to 55 or 50. Woke up this morning and it's still at 60.

If it does go down I don't think it will go down much. Also, since yesterday, the 4 hour MACD convergeance has narrowed. It's not as sharp a puncture as it was yesterday. It may just "glide on" and "glide back off" again.

The other problem with day trading at a coin like this is that there are hawks waiting for every dip. You think you're being clever by getting out at the top and then waiting for it to bottom again. But then what happens is on the way down, after a drop of just 2000 sats or something, a whale comes in and steals it from you. Before you know it your trying to get back in at a loss.

It's times like these where I think it's better to trade on fundamentals and simply take a decision if you want your coins long term or not.

Hodling.

+1, we see strong fundamentals here, usual P&D patterns and TA doesn't work well.

Move to masternodes is a good call, no risk and good income - perfect long term.

[chaeplin]

will do things for Masternode.

Simply put that on a piece of cardboard with a black marker pen and stand out on the street. God will send someone to you.

Hopefully for p2pool

[Stewart]

guys,What is the next step in the programme?

[Artoodeetoo]

Looks like VTC is following DRK up now.. The anti ASIC alliance getting stronger...

[GhostPlayer]

 Anyone interested in mining & driving blackcoin's price down, please refer to the new V2 Blackcoin Pool, multicoin NOMP with BC payouts.
 You'd be silly to do that though, as there is no other x11 worth mining, and will probably earn less with the trades.

http://blackcoinpool.com

 What about super-duper secret project "Dark Ice" ... haven't seen CHAOiTEC in a while. Hope he's locked in a basement somewhere, with only food, water, oxygen, a laptop and internet.

[camosoul]

we'll reach minimum block reward sooner / the total number of coins will bottom out....

My only concern is that this behavior will result in the DRK network never having the momentus hashrate that makes other blockchains untouchable.

One 3TH/s ASIC would rape the whole network instantly. I'm not saying that X11 = SHA256 Double Round. But that ASICs are inevitable with anything that catches on enough to have value. We all hope it catches on simply because it's a good idea. But the value that comes with it will drive ASICs into X11. DGW3 certainly discourages it as the network hashrate is already reaching minimum with a few dozen GPU rigs... But it might be stifling it so much that the network will never have appreciable hash defense.

If say, guvthugs decided to build just one "X11 Neptune" of their own, DRK breaks. None of this "buying masternodes" crap arguments. They really could buy all the hashpower they need without touching a GPU or the markets simply by building one custom ASIC. Dev cost on that is a few million bucks in bureaucracy free-to-them taxed money.

This is why ASICs are actually a good thing for a coin. If you don't let your coin become an ASIC coin, then it takes one fat wallet to make one for themselves and your coin is borked. If your coin isn't using them, then it becomes a nuke they can drop on it.

My hope is that DGW3+X11=ASICs still happen, but the reward is low enough that the ASIC's price will have to be sensible enough that anyone can buy it, thus avoiding centralization. But, that doesn't seem to be what is happening. If a coin stays GPU/CPU mine-able, then a clandestine FPG or ASIC becomes a cheap (in the eyes of it's creator who has way deep pockets) saboteur. You MUST let your coin escalate into ASICs or it's doomed by anyone who can afford to make The Bomb.

[camosoul]

haven't seen CHAOiTEC in a while. Hope he's locked in a basement somewhere, with only food, water, oxygen, a laptop and internet.

If someone did that to me, I'd just watch porn... In fact, I think there are millions of jobless males doing this to themselves on purpose...

[GhostPlayer]

we'll reach minimum block reward sooner / the total number of coins will bottom out....

My only concern is that this behavior will result in the DRK network never having the momentus hashrate that makes other blockchains untouchable.

One 3TH/s ASIC would rape the whole network instantly. I'm not saying that X11 = SHA256 Double Round. But that ASICs are inevitable with anything that catches on enough to have value. We all hope it catches on simply because it's a good idea. But the value that comes with it will drive ASICs into X11. DGW3 certainly discourages it as the network hashrate is already reaching minimum with a few dozen GPU rigs... But it might be stifling it so much that the network will never have appreciable hash defense.

If say, guvthugs decided to build just one "X11 Neptune" of their own, DRK breaks. None of this "buying masternodes" crap arguments. They really could buy all the hashpower they need without touching a GPU or the markets simply by building one custom ASIC. Dev cost on that is a few million bucks in bureaucracy free-to-them taxed money.

This is why ASICs are actually a good thing for a coin. If you don't let your coin become an ASIC coin, then it takes one fat wallet to make one for themselves and your coin is borked. If your coin isn't using them, then it becomes a nuke they can drop on it.

My hope is that DGW3+X11=ASICs still happen, but the reward is low enough that the ASIC's price will have to be sensible enough that anyone can buy it, thus avoiding centralization. But, that doesn't seem to be what is happening. If a coin stays GPU/CPU mine-able, then a clandestine FPG or ASIC becomes a cheap (in the eyes of it's creator who has way deep pockets) saboteur. You MUST let your coin escalate into ASICs or it's doomed by anyone who can afford to make The Bomb.

Considering that summer is around, scrypt asics disastrous tape-out (nevertheless here), DRK price increasing, we will have TH network well before anyone actually sits down for an x11 blueprint. Then, by year end, LTC will be beat down like a dead horse, so all the Gridseends, A2 Innossilicon bla bla bla will just switch gears to profit... so x11.

Litecoin will drop massively, rendering all scrypt ASICs "profit-money-cow-obsolete".

Actually, someone did announce the world first x11 ASIC a few pages back...

[AlexGR]

we'll reach minimum block reward sooner / the total number of coins will bottom out....

My only concern is that this behavior will result in the DRK network never having the momentus hashrate that makes other blockchains untouchable.

One 3TH/s ASIC would rape the whole network instantly. I'm not saying that X11 = SHA256 Double Round. But that ASICs are inevitable with anything that catches on enough to have value. We all hope it catches on simply because it's a good idea. But the value that comes with it will drive ASICs into X11. DGW3 certainly discourages it as the network hashrate is already reaching minimum with a few dozen GPU rigs... But it might be stifling it so much that the network will never have appreciable hash defense.

If say, guvthugs decided to build just one "X11 Neptune" of their own, DRK breaks. None of this "buying masternodes" crap arguments. They really could buy all the hashpower they need without touching a GPU or the markets simply by building one custom ASIC. Dev cost on that is a few million bucks in bureaucracy free-to-them taxed money.

This is why ASICs are actually a good thing for a coin. If you don't let your coin become an ASIC coin, then it takes one fat wallet to make one for themselves and your coin is borked. If your coin isn't using them, then it becomes a nuke they can drop on it.

My hope is that DGW3+X11=ASICs still happen, but the reward is low enough that the ASIC's price will have to be sensible enough that anyone can buy it, thus avoiding centralization. But, that doesn't seem to be what is happening. If a coin stays GPU/CPU mine-able, then a clandestine FPG or ASIC becomes a cheap (in the eyes of it's creator who has way deep pockets) saboteur. You MUST let your coin escalate into ASICs or it's doomed by anyone who can afford to make The Bomb.

We are in full agreement. I'd rather have public ASICs rather than totally private ones that can own the network.

One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Actually, someone did announce the world first x11 ASIC a few pages back...

It was a joke by that poster

[thelonecrouton]

will do things for Masternode.

Simply put that on a piece of cardboard with a black marker pen and stand out on the street. God will send someone to you.

LOL. 

[mannie]

A mention about Darkcoin on IBT: http://www.ibtimes.co.uk/cryptocurrency-news-round-dogecoin-twitch-living-bitcoin-darkcoin-rises-1448153