Can enyone clear the water around ring signatures and darksend/masternodes ? Are we getting rid of masternodes ? What is the feature of darkcoin ? "Big Things comming" it's not a clear schedule .
eduffield posted earlier today, Masternodes and Darksend are sticking around, he will not be implementing ring signatures.
Holy crap, over .019! We will hit .02 soon! Massive 100+BTC sellwalls on Mintpal just keep evaporating! 162 BTC to hit .02. I'm betting it won't actually be that much, the sellwall will disappear just as it did at .0185, etc. With such a huge jump, I think we will have to backfill. I am tempted to sell and re-buy later. Still, I have never been able to time trades like this very well, and I've screwed myself on more than one occasion. I'm hodling, despite the temptation!
Off the topic of DRK price: I am thinking of trying to facilitate a collaborative Masternode by using Counterparty (XCP). Basically the idea would be to sell shares in a Masternode. Create an XCP asset with 10,000 shares. Call it DRKMN. (But we can't call them shares for legal reasons; we'll just say that each DRKMN represents 0.1 DRK in a Masternode.) People contribute their DRK to the pool and receive the corresponding DRKMN assets in return. The person running the pool (maybe me, maybe somebody else) sets up the Masternode on a server somewhere and pays dividends through XCP on a regular basis from the node's earnings. The dividends would have to be in BTC due to the way that Counterparty operates, so the operator would need to cover costs, convert to BTC and distribute the profits through Counterwallet.
The really cool thing about this is that once the 1000 DRK are in the Masternode pool, they can be traded for BTC in a decentralized manner (NOT through an exchange) so if, say, you contributed 100 DRK to the pool then you would later be able to sell 50 DRK worth and retain your ownership of the other 50 DRK worth.
So it is a way of making Masternode-locked DRKs liquid!The problem is one of trust. The node operator/trustee would obviously need to be a trusted figure who will not run away with everybody's DRK. I'm just an anonymous dude that nobody has any reason to trust, but if somebody with stature in the community wants to help set this up, I will do whatever I can to help. I do have a Linux server admin background... maybe a little rusty in some areas (no longer in the business), but I'm not scared of spending several hours in the commandline getting things fixed up. I would also be willing to contribute 100 DRK to the pool, which unfortunately is the majority of my DRK holdings.
Eventually I could see there being many DRKMN-style assets in Counterparty and possibly other Bitcoin-2.0 coins such as BitShares, Mastercoin, etc. The benefit of being able to liquidate holdings in a Masternode without taking down the node is quite clear.
....and in the time it took me to write this, we're back below .019. The buy side needs to shore itself up bigtime. Almost 200BTC to hit .02 now. ...and a good chunk of that just disappeared, now 113BTC.
