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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722503 times)
desperateMan
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May 17, 2014, 03:04:08 PM
 #22661

Hi all. I'm all in. I sold all shitcoins i have and bayed dark. I had have enough for master node but i loss a lot of coins trading them. Now i'm all in. I have mined vert and dumped every 24h to buy dark. Today my rig dies. I need to buy new power block now  Cry If someone can help to me reach 1k for my master node ( i miss only 26 coins) pls donate XxUdtXuvg5jzJyfkp7edsYpn9Lt4LgxafA

p.s. I never ask for donation before but i'm desperate. And one is for sure, i will never trade again. Sorry for my english, it's not my native language. And thanks to everyone who is going to help me.
why don't you buy 26 drk instead of new power block

I would happily lend you 26 drk, so you could pay me back 30 with your masternode profits. Unfortunately this is your first post ever and I dont know if I can trust you. But you gave an idea to think about... since it is possible to run a masternode with a cold wallet I control... I could lend the difference to people that are a little short and charge an interest rate until they get their own 1000 drk. I will think about this.

Edit: That is what's cool about drk many ways to create an economy around it.

Thanks for the advices. I know i'm new here and actually I don't expect that anybody gives me coins but I have to try. As I sad i'm desperate. I don't have any btc more and I need this power block. I need my miner back. Wish you all the best
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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ymer
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May 17, 2014, 03:04:33 PM
 #22662

The fall seems to have stopped. 32BTC buy wall on MintPal at 0.0118.

now at 0.0103
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May 17, 2014, 03:05:54 PM
 #22663

Hi all. I'm all in. I sold all shitcoins i have and bayed dark. I had have enough for master node but i loss a lot of coins trading them. Now i'm all in. I have mined vert and dumped every 24h to buy dark. Today my rig dies. I need to buy new power block now  Cry If someone can help to me reach 1k for my master node ( i miss only 26 coins) pls donate XxUdtXuvg5jzJyfkp7edsYpn9Lt4LgxafA

p.s. I never ask for donation before but i'm desperate. And one is for sure, i will never trade again. Sorry for my english, it's not my native language. And thanks to everyone who is going to help me.

LOL, you are the typical greedy fish that feeds the crypto world with fresh money to keep the scamcoins going.
bumpy
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May 17, 2014, 03:06:08 PM
 #22664

is this double bottom?
silencesilence
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May 17, 2014, 03:07:25 PM
 #22665

Panic Sell = Dump  Wink

for someone is the perfect time
weekends to sell their coins because people are on vacation, and their high orders to buy stay on the stock exchanges
eduffield (OP)
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May 17, 2014, 03:07:34 PM
 #22666

2. DGW is another correction of something that already exists. It's just a rebalance of something that was not fast enough at what it was doing. I can't be sure on this point because I haven't bothered to read the code yet, but I suspect this is true.

DGW is not based on anything. I used the same strategies used in financial modeling to model the difficulty and provide a good fit.

Code:
unsigned int static DarkGravityWave3(const CBlockIndex* pindexLast, const CBlockHeader *pblock) {
    /* current difficulty formula, darkcoin - DarkGravity v3, written by Evan Duffield - evan@darkcoin.io */
    const CBlockIndex *BlockLastSolved = pindexLast;
    const CBlockIndex *BlockReading = pindexLast;
    const CBlockHeader *BlockCreating = pblock;
    BlockCreating = BlockCreating;
    int64 nActualTimespan = 0;
    int64 LastBlockTime = 0;
    int64 PastBlocksMin = 24;
    int64 PastBlocksMax = 24;
    int64 CountBlocks = 0;
    CBigNum PastDifficultyAverage;
    CBigNum PastDifficultyAveragePrev;

    if (BlockLastSolved == NULL || BlockLastSolved->nHeight == 0 || BlockLastSolved->nHeight < PastBlocksMin) {
        return bnProofOfWorkLimit.GetCompact();
    }
        
    for (unsigned int i = 1; BlockReading && BlockReading->nHeight > 0; i++) {
        if (PastBlocksMax > 0 && i > PastBlocksMax) { break; }
        CountBlocks++;

        if(CountBlocks <= PastBlocksMin) {
            if (CountBlocks == 1) { PastDifficultyAverage.SetCompact(BlockReading->nBits); }
            else { PastDifficultyAverage = ((PastDifficultyAveragePrev * CountBlocks)+(CBigNum().SetCompact(BlockReading->nBits))) / (CountBlocks+1); }
            PastDifficultyAveragePrev = PastDifficultyAverage;
        }

        if(LastBlockTime > 0){
            int64 Diff = (LastBlockTime - BlockReading->GetBlockTime());
            nActualTimespan += Diff;
        }
        LastBlockTime = BlockReading->GetBlockTime();      

        if (BlockReading->pprev == NULL) { assert(BlockReading); break; }
        BlockReading = BlockReading->pprev;
    }
    
    CBigNum bnNew(PastDifficultyAverage);

    int64 nTargetTimespan = CountBlocks*nTargetSpacing;

    if (nActualTimespan < nTargetTimespan/3)
        nActualTimespan = nTargetTimespan/3;
    if (nActualTimespan > nTargetTimespan*3)
        nActualTimespan = nTargetTimespan*3;

    // Retarget
    bnNew *= nActualTimespan;
    bnNew /= nTargetTimespan;

    if (bnNew > bnProofOfWorkLimit){
        bnNew = bnProofOfWorkLimit;
    }
    
    return bnNew.GetCompact();
}

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
djcrypto
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May 17, 2014, 03:08:02 PM
 #22667

Hello Drk community.  Seems I may have made a large mistake.  I haven't kept up on the forum and I sent a number of Drk using what is now the old wallet.  After upgrading it shows the amount sent with zero confirmations after an hour or so.  Are the coins lost or will they eventually bounce back to the original wallet address?

I had this same issue and it was resolved automatically after 2-3 hours.
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May 17, 2014, 03:12:11 PM
 #22668

Trolling is a fact of life on these forums. But starting witch hunts reflects poorly on all of us.

Effective trolling will raise an issue that people are genuinely concerned about, in such a way as to provoke a defensive emotional response. If I feel someone is subtly trolling in this way, I find the most effective response is to offer a polite, reasoned argument that addresses the raised concerns. This approach is beneficial to any onlooker who shares those concerns, it avoids playing into the hands of the suspected troll. It also avoids needless accusations, which is especially important if my suspicions are wrong and the person is just raising a genuine concern.

When you have politely answered and they keep coming with the same "question" on purpose what do you do ? Because that's what they do, they create a false issue and repeat it till it's "true".

The logic for dealing with trolls remains the same whether they are raising a question for the first time or the nth time: If you flame them, you lose. Every time a troll is answered with patient educated responses, they lose. Trolls lose interest if they don't get the right reaction -- in fact it works against their agenda if the community shows consistently mature responses that directly address the issues raised. On the other hand, they'll be sure to stick around if they know they're ruffling feathers.

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ymer
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May 17, 2014, 03:15:30 PM
 #22669

is this double bottom?

Not even near the bottom.

EDIT: I think this is the bottom before the next bull trap, if you want to short it you should buy and sell back at around .0115-0.12
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May 17, 2014, 03:16:14 PM
 #22670

see a copy of the conversation and make your own conclusions

[23:36] <freshwhale> drk can gtfo
[23:36] <freshwhale> best scam I've ever seen
[23:36] <freshwhale> instamine to fuck + masternodes paying fees back to them.
[23:37] <freshwhale> they get constant money for doing nothing
[23:37] <MotoMen> hmmmm
[23:37] <MotoMen> i dont figured out how darksend work yet
[23:37] <MotoMen> is dedicated nodes needed to distribute the transactions ?
[23:37] <freshwhale> masternodes are coin mixers
[23:38] <MotoMen> hmmm, that make sense
[23:38] <freshwhale> transactions go through random masternodes, which mix coins
[23:38] <freshwhale> if you're masternode is used. you get mining fees.
[23:38] <MotoMen> so, we can make an masternode and live throo the fees of anonnymus ?
[23:38] <freshwhale> for the service.
[23:38] <freshwhale> yes
[23:38] <MotoMen> its like mining
[23:38] <MotoMen> that makes sense
[23:38] <freshwhale> which is what DRK have done. 65% in top 100 wallets... so yeah... they have 65% of masternodes.
[23:38] <freshwhale> so they'll more than likely get most of the fees back to them.
[23:38] <freshwhale> clever. money money money
[23:39] <MotoMen> but you can run one maternode yourself, no ?
[23:39] <freshwhale> yes, but it's a lottery
[23:39] <freshwhale> you only get fees if your masternode is USED
[23:39] <freshwhale> with them controlling 65%, it's unlikely your 1k coin masternode will get used.
[23:39] <MotoMen> yes, just like mining
[23:40] <MotoMen> if the coin became popular they will not be 65% at control for sure
[23:40] <freshwhale> its popular now
[23:40] <MotoMen> if the coin is opensource i dont see theproblem at all
[23:40] <freshwhale> drksend isn't opensource
[23:40] <MotoMen> just dont like the x11 thing...
[23:41] <MotoMen> i know, but they sould release the code i think
[23:41] <freshwhale> Top 100 Richest Addresses 2,569,351 DRK ($15,368,243 USD) 59.87% Total
[23:41] <MotoMen> i ear other day that they are just completing the code
[23:41] <666whale> MotoMen - whats the problem with x11 in your oppinion?
[23:41] <MotoMen> dont want to release an incomplete version
[23:41] <freshwhale> Market Cap - $25,669,200 USD
[23:41] <freshwhale> They have 15m$ of the coins
[23:41] <MotoMen> 666whale in the future
[23:42] <Winwhale> i smell a lota fuckin haterade in this room
[23:42] <MotoMen> Winwhale just expressing opinion
[23:43] <MotoMen> i think darkcoin is a great coin, just dont like the x11 thing
[23:43] <MotoMen> Tongue
[23:43] <toppop> Winwhale: criticism and debate isn't hate
[23:43] <Winwhale> Wink
[23:43] <MotoMen> groupthink ?
[23:43] <Winwhale> 666whale: after 1 week I'll get my first ASIC X11
[23:43] <MotoMen> What do you mean it's impossible??!!!?
[23:44] <Winwhale> my friend from China has many friends there ... they mining X11 with ASIC X11 from
[23:44] <MotoMen> What are you talking my friend?!?
[23:45] <MotoMen> if so these people have raised the price to sell at a higher price???
[23:45] <Winwhale> Exactly,  best scam I've ever seen
[23:45] <Winwhale>  see the DRK diff - from 1000 to 2500 for 10 min
[23:45] <MotoMen> interesting ....
[23:45] <Winwhale> I need to get some sleep Smiley....  tomorrow at the same time
[23:45] <MotoMen> +1 See you tomorrow
[23:46] < freshwhale > MotoMen: Greetings to everyone at home Smiley  See you tomorrow
this true?
I begin to think that really had some interest to raise the price
and now sell their coins
I bought at a much higher price hell

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May 17, 2014, 03:17:21 PM
 #22671

Nice bit of panic selling going on.

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash." - Child Harold - February 28, 2014
https://bitcointalk.org/index.php?topic=421615.msg5424980#msg5424980
Minotaur26
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May 17, 2014, 03:18:53 PM
 #22672

This is the big difference with DRK: “Ideas are a dime a dozen. People who implement them are priceless.” Mary Kay Ash.

And THIS is what I am investing on.

2. DGW is another correction of something that already exists. It's just a rebalance of something that was not fast enough at what it was doing. I can't be sure on this point because I haven't bothered to read the code yet, but I suspect this is true.

DGW is not based on anything. I used the same strategies used in financial modeling to model the difficulty and provide a good fit.

Code:
unsigned int static DarkGravityWave3(const CBlockIndex* pindexLast, const CBlockHeader *pblock) {
    /* current difficulty formula, darkcoin - DarkGravity v3, written by Evan Duffield - evan@darkcoin.io */
    const CBlockIndex *BlockLastSolved = pindexLast;
    const CBlockIndex *BlockReading = pindexLast;
    const CBlockHeader *BlockCreating = pblock;
    BlockCreating = BlockCreating;
    int64 nActualTimespan = 0;
    int64 LastBlockTime = 0;
    int64 PastBlocksMin = 24;
    int64 PastBlocksMax = 24;
    int64 CountBlocks = 0;
    CBigNum PastDifficultyAverage;
    CBigNum PastDifficultyAveragePrev;

    if (BlockLastSolved == NULL || BlockLastSolved->nHeight == 0 || BlockLastSolved->nHeight < PastBlocksMin) {
        return bnProofOfWorkLimit.GetCompact();
    }
        
    for (unsigned int i = 1; BlockReading && BlockReading->nHeight > 0; i++) {
        if (PastBlocksMax > 0 && i > PastBlocksMax) { break; }
        CountBlocks++;

        if(CountBlocks <= PastBlocksMin) {
            if (CountBlocks == 1) { PastDifficultyAverage.SetCompact(BlockReading->nBits); }
            else { PastDifficultyAverage = ((PastDifficultyAveragePrev * CountBlocks)+(CBigNum().SetCompact(BlockReading->nBits))) / (CountBlocks+1); }
            PastDifficultyAveragePrev = PastDifficultyAverage;
        }

        if(LastBlockTime > 0){
            int64 Diff = (LastBlockTime - BlockReading->GetBlockTime());
            nActualTimespan += Diff;
        }
        LastBlockTime = BlockReading->GetBlockTime();      

        if (BlockReading->pprev == NULL) { assert(BlockReading); break; }
        BlockReading = BlockReading->pprev;
    }
    
    CBigNum bnNew(PastDifficultyAverage);

    int64 nTargetTimespan = CountBlocks*nTargetSpacing;

    if (nActualTimespan < nTargetTimespan/3)
        nActualTimespan = nTargetTimespan/3;
    if (nActualTimespan > nTargetTimespan*3)
        nActualTimespan = nTargetTimespan*3;

    // Retarget
    bnNew *= nActualTimespan;
    bnNew /= nTargetTimespan;

    if (bnNew > bnProofOfWorkLimit){
        bnNew = bnProofOfWorkLimit;
    }
    
    return bnNew.GetCompact();
}
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May 17, 2014, 03:24:03 PM
 #22673


this true?
I begin to think that really had some interest to raise the price
and now sell their coins
I bought at a much higher price hell




If it was true, and they did have an X11 ASIC which they aren't selling to anyone, it would be in their best interest to keep pumping the coin non stop and keep selling you some.

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash." - Child Harold - February 28, 2014
https://bitcointalk.org/index.php?topic=421615.msg5424980#msg5424980
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May 17, 2014, 03:28:16 PM
 #22674

If you are new to DRK and you want to make an informed decision about your investment then you should go and read the Dark wiki FAQ. All of the questions constantly raised by trolls are appropriately answered there. This thread is too long now we should bump this every few pages.

Darkcoin FAQ  This is absolutely a must read.

http://wiki.darkcoin.eu/wiki/FAQ

    1 What is Darkcoin?
    2 Who is behind Darkcoin?
    3 Is Darkcoin illegal?
    4 What are the specs of Darkcoin?
    5 Is Darkcoin a virus? My antivirus flags it as a threat
    6 Can I mine Darkcoin? If yes, how?
    7 What hashrates should I expect for my GPU?
    8 What is the optimal setup for my GPU?
    9 Why is the miner showing WU at 0.00x or difficulty at 0.00x?
    10 Is there a 32 bit miner?
    11 Can I solo-mine Darkcoin? If yes, how?
    12 What pool should I use?
    13 The pool I'm using bans my client every now and then. What's wrong?
    14 Where can I find information about the centralization of Darkcoin's hashpower?
    15 What is a 51% attack?
    16 How many Darkcoins are in circulation?
    17 What is the smallest monetary subdivision of Darkcoin?
    18 How many Darkcoins are issued daily?
    19 How many Darkcoins will be issued in total?
    20 Should I buy Darkcoin or will I lose my money?
    21 Where can I get historic prices for Darkcoin?
    22 What is X11?
    23 Why 11 hashing algorithms and not 1?
    24 Can ASICs mine Darkcoin / X11?
    25 Can FPGAs mine Darkcoin / X11?
    26 I see 1 Gigahash in my pool, surely that must be an ASIC!?
    27 Is there a secret GPU miner that can mine faster?
    28 Is X11 ASIC-immune?
    29 What will Darkcoin do when X11 can be mined by ASICs?
    30 Wouldn't Darkcoin “die” if it could be mined by ASICs?
    31 Is it true that GPUs run cooler with X11?
    32 Why is the difficulty and hashrate so insanely high? It doesn't make sense
    33 Is X11 cooler in GPUs because it's inefficient?
    34 Can I mine with Nvidia?
    35 Why do I get transaction too large or large transaction fees?
    36 What is DGW or DarkGravityWave?
    37 Where can I find difficulty and hashrate charts for Darkcoin?
    38 What is DarkSend?
    39 Is DarkSend open source?
    40 Wouldn't it be better for Darkcoin if DarkSend was not open sourced?
    41 Why can't I DarkSend more than 10 DRKs?
    42 How does DarkSend work?
    43 What are Master Nodes?
    44 1000 DRK for each masternode? Isn't this too much?
    45 Will I lose the 1000 DRKs? Is it a one time payment?
    46 Are the 1000 DRKs of the Masternode in danger?
    47 I have 1000 DRK. How do I set up a Master Node?
    48 Can I setup a Masternode in Windows?
    49 Should Master Nodes be spread around to avoid centralization?
    50 What happens if a Masternode is DDOS'ed?
    51 What happens if a Masternode is hacked?
    52 Where can I see how many Master Nodes exist and how are they spread around?
    53 How much can I expect to earn with my Master Node?
    54 What happens if Masternode payment rewards stop or diminish considerably due to very low block reward?
    55 Will Darkcoin clones that implement DarkSend affect Darkcoin's price?
    56 Is Darkcoin technologically superior to other anonymous solutions?
    57 Is Darkcoin centralized due to its Masternodes?
    58 Can masternodes map transactions?
    59 Can one perform timing analysis to see where the coins went?
    60 Is Darkcoin really anonymous? What can I expect in terms of traceability?
    61 I have sync issues with my wallet. What can I do?
    62 My wallet is stuck at block XXXXX and it's not going forward. What can I do?
    63 I didn't update during the latest hard fork and I sent XXX DRK to someone. Have I lost them?
    64 Can a coin with the name “Darkcoin” actually succeed?
    65 Won't exchanges remove Darkcoin if it is considered illegal?
    66 What's the level of Darkcoin adoption in real-life commerce applications?
    67 Was Darkcoin premined?
    68 Was Darkcoin IPO'ed / ICO'ed?
    69 Did Darkcoin have a fair launch?
    70 Was Darkcoin Instamined?
    71 I read somone who wrote that 50% of the coins in circulation are owned by the devs
    72 Will there be a problem with the instamine regarding the future of Darkcoin?
    73 Is it fair for late miners to get less coins?
    74 Is there a wiki for Darkcoin?
    75 Is Darkcoin associated with DarkRoad?
    76 Is there a paper wallet?
    77 Is there a block explorer?
    78 How many people own Darkcoin?
    79 Is there a profit calculator for Darkcoin?
    80 What is being done to market Darkcoin?
    81 Will there be any promotional events, sponsorships etc, like DOGE has done?
    82 What is the difference between Dark Wallet and Darkcoin?
    83 What is the difference between Zerocoin and Darkcoin?

Kai Proctor
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May 17, 2014, 03:28:43 PM
 #22675


this true?
I begin to think that really had some interest to raise the price
and now sell their coins
I bought at a much higher price hell



Don't you find suspect that he quotes himself ?  Roll Eyes When did a conversation between trolls become a proof ?
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May 17, 2014, 03:29:27 PM
 #22676

How low will it go until i need to buy in? XD

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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May 17, 2014, 03:30:09 PM
 #22677


this true?
I begin to think that really had some interest to raise the price
and now sell their coins
I bought at a much higher price hell




If it was true, and they did have an X11 ASIC which they aren't selling to anyone, it would be in their best interest to keep pumping the coin non stop and keep selling you some.

Took 2.5 yrs for SHA256 ASICs. Took 3 years for Scrypt ASICs.

X11 -> Hidden optimized miners. ASICs overnight.  Cheesy Grin Cool

Got to love the negative propaganda around x11. That coindesk article is a proof that big players are noticing and taking preliminary steps. I don't think the "FUD" on the forums have had or will have any impact. Folks just need to be realistic that all altcoins and even BTCs have trade swings. It is very natural.

@LimLims , excellent post.

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May 17, 2014, 03:30:43 PM
 #22678

is this double bottom?

Not even near the bottom.

EDIT: I think this is the bottom before the next bull trap, if you want to short it you should buy and sell back at around .0115-0.12

You CAN'T short alts in the traditional sense. Name one exchange that allows margin on alts.
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May 17, 2014, 03:30:59 PM
 #22679

Trolling is a fact of life on these forums. But starting witch hunts reflects poorly on all of us.

Effective trolling will raise an issue that people are genuinely concerned about, in such a way as to provoke a defensive emotional response. If I feel someone is subtly trolling in this way, I find the most effective response is to offer a polite, reasoned argument that addresses the raised concerns. This approach is beneficial to any onlooker who shares those concerns, it avoids playing into the hands of the suspected troll. It also avoids needless accusations, which is especially important if my suspicions are wrong and the person is just raising a genuine concern.

Great post this.

The issue is that people often overcorrect for trolls. If one were secure, the opposite of trolling would be the truth. But instead, we have a bunch of people cheerlead with blind faith. I've a long time supporter of drk. I wrote a webapp for it months ago to support it (http://darksend.it). I haven't sold, I've held. I will be putting up more than a handful of masternodes.

All these "trolls" you guys are witch hunting, they have made good points these past few days, which you guys ignore because you're so defensive.

1. x11 isn't anything innovative. It was LUCKY to be INEFFICIENT (this is a good thing) so that it has ended up lowering power costs for everyone. However, there was no innovation in creating or choosing the 11 algorithms. Evan didn't write a single one of them. He took them all and chained them. That's not really "innovation" when someone chained a bunch of them before. Just in different order|magnitude.

2. DGW is another correction of something that already exists. It's just a rebalance of something that was not fast enough at what it was doing. I can't be sure on this point because I haven't bothered to read the code yet, but I suspect this is true.

3. Darksend feature itself, based on coinjoin, which has been around for a long time. While there has been a lot of work put in to get it to its current state, which we are trusting on faith atm, time will really tell when it's open sourced. NOT when it's audited. Every single company gets their net security audited, some of them under heavy scrutiny a LOT. That means fuckall to the real world, where security breaches happen every day because the real security audit is open source. Bitcoin had been open source since day 1 and that didn't stop it from having problems 6 months? 1.5 years, 3 years down the road by vulnerabilities/limits being discovered/abused. The real value of drk development will be shown by vulnerabilities HAPPENING and the time and manner in which they are fixed.

For someone who has the slightest clue on coding and complexity/automata theory, all of this is obvious. The real pump isn't coming from whales but from this community zealously jesus praising everything.

Sorry. Just need to bump this entire post without further comment with it being about the most relevant and potent commentary I've ever seen on any [ANN] thread.

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May 17, 2014, 03:31:50 PM
 #22680

The fall seems to have stopped. 32BTC buy wall on MintPal at 0.0118.

now at 0.0103

looks like fearcoka is back in game if didn't pulled out his 0.0105 order...are you in?? Wink

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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