prozacsf84
Newbie
 Offline
Activity: 54
Merit: 0
|
 |
May 25, 2014, 01:02:56 PM |
|
Thinking more about the theoretical vulnerabilities of cryptocurrencies, the governments of the world could block the exchange servers from accessing the internet backbones (it is known that all major backbones have physical backdoors owned by the NSA etc.) - not even VPN etc would help in this situation. The value of the currencies would collapse which is another reason why decentralized exchanges will be made - no central point of attack.
If the exchange website is optimized well enough(images,js,css on CDN) it can be feed with one home internet account (bandwidth) on many places on earth using TOR for example. I dont think any government can act against progress. I think the reality is that politics try to adapt rather than go against... thats their everyday job - to adapt. I am talking for eu... in US there is chance for thinking about crashing crypto world. No other country politics and bankers can think about this as reality except US. |
|
|
|
|
|
|
|
"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
ubuw00d
Newbie
Offline
Activity: 25
Merit: 0
|
|
May 25, 2014, 01:04:47 PM |
|
why are people discussing ASIC miing of DRK here? It thought that ASICs were going to be out of the picture for DRK for some time? X.Years?
|
|
|
|
|
coins101
Legendary
Offline
Activity: 1456
Merit: 1000
|
|
May 25, 2014, 01:06:06 PM |
|
|
|
|
|
|
|
HiddenDark
|
|
May 25, 2014, 01:06:11 PM |
|
Ok ppl... IT IS that simple: 1. Its better to mine darkcoin than mining litecoin. 1.1 Miners can use nvidia. 1.2 Lower amortization. 1.2.1 Longer live for the hardware = more stable decisions made by the mining community(the full-of-gpu-basement boys and girls  ). 1.2.2 If someone invest money for engineering asic (algorithm and/or chip) mining x11 there is 100%(from my point of view) chance that darkcoin devs will avoid this ASAP. I hope we see x12 one day avoid engineering that cost millions. 1.3 Lower power consumption. 1.3.1 Lower importance of miner nationality - there are very big differences in power cost across the world. 2. If some hardware whale decide to join the mining party - the Moore's Law will hit the difficulty/price higher. 3. If some hardware whale decide to leave the mining party - the price will need to drop but not so much (as long i can see now miners attention is attracted already: hashpower>80gh, yesterday >120gh). One sentence - If the price goes higher the hash will follow - 100%.... its summer now right ? 3.1 If litecoin network hashrate NOW drop to 50gh it will never turn back. The litecoin devs, the dogecoin devs think asic=immortality (i dont think this can be true). There is no development out there. No improvement. The community people dont have asic farms. They have gpu's. But every dev is waiting to meet the immortality - to tie the miner to his coin, his laziness, his laws. Dogecoin adaptation agains multipools working only on low diff blocks was too late. Check the time that last halving took and check the previous halving. 4. ASIC=RISK. 5. GPU=hardware. 6. Imagine nvidia throws 30mil on cryptsy wall or mintpall wall NOW. Like that .. just for fun... imagine 300m(yes, there is hash(ready and waiting) that can follow even 300m) ? I know they can count well and 2222222/(((Difficulty+2600)/9)^2) is the thing that can make them smile on the annual financial meetings. What about Intel .. And this is only part of the miner's point of deciding to buy dark. + 7000 ! Lets hope Evan wont became asic bitch ! The white paper says: the use of X11 will prevent the use of ASIC miners for the short-term to mid-term future. Evan knows they will come eventually, and they will be good for the coin. |
|
|
|
prozacsf84
Newbie
Offline
Activity: 54
Merit: 0
|
|
May 25, 2014, 01:06:56 PM |
|
why are people discussing ASIC miing of DRK here? It thought that ASICs were going to be out of the picture for DRK for some time? X.Years?
X>2 (including delay ) |
|
|
|
|
|
Sapereaude
|
|
May 25, 2014, 01:09:09 PM |
|
So I have been thinking about Monero vs Darkcoin a lot recently. Monero seems to have increased anonymity from what I can tell - but DRK has a very specific advantage that so far I have not heard anyone mention - Proof of Payment.
For example:
Say I send coins to an exchange and they don't show up for hours (I'm looking at you cryptsy), what I do is send them a link to the blockchain to prove payment was made, and they credit my account, as this is indisputable proof that payment was made. Without that link they could potentially claim they never received the coins and that would be the end of it. With monero you have no proof that payment was ever made - so the receiver could potentially claim to never have received coins and you would have no way to prove coins were sent. Another example would be moving coins from exchange A to exchange B, if the coins never arrive at exchange B - with Monero it would be impossible to determine whether exchange A did not send them, or exchange B is pretending not to have received them. I personally think this gives DRK an important advantage over ring singnatures (monero, bytecoin). I don't know enough about zerocoin to know if it has this "Proof of Payment" or not.
You can still use the regular block chain for payments, you only have the option of sending your coins through the masternodes. So ill bet most people will have a regular address and one that they send mixed coins too. Then they use this second address to send payments on the regular block chain and Viola Untraceable payments which you can prove you sent : ) |
|
|
|
|
|
CatKiwi
|
|
May 25, 2014, 01:10:08 PM |
|
why are people discussing ASIC miing of DRK here? It thought that ASICs were going to be out of the picture for DRK for some time? X.Years?
They are trolling pal, they want to cause you to panic sell your coins. Its all nonsense - all it takes is a look through the persons post history - you will see they are invested in and actively promoting other coins. Darkcoin is sucking away the profit from their little markets, thats the only reason they come here to try and shit stir. |
|
|
|
|
|
Terzo
|
|
May 25, 2014, 01:11:12 PM |
|
What happened with the 900 buy wall ? Did it gen filled or canceled ?
|
|
|
|
|
AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
|
|
May 25, 2014, 01:12:40 PM |
|
What happened with the 900 buy wall ? Did it gen filled or canceled ?
Canceled, price moved way north. |
|
|
|
|
AngusCanine
Legendary
Offline
Activity: 1414
Merit: 1001
To weird to live To rare to die
|
|
May 25, 2014, 01:13:51 PM |
|
Anybody know how to undo a wallet.dat file that I copied over.
If you're using Windows, you could try Properties > Previous Versions. I haven't tested it myself and I'd back up anyway before trying. im using windows 8.1 and don't see previous versions in the properties tab for the wallet.dat file ok I found it but it didn't reset the wallet back to the original address. any other ideas? |
|
|
|
|
thelonecrouton
Legendary
Offline
Activity: 966
Merit: 1000
|
|
May 25, 2014, 01:16:23 PM |
|
Anybody know how to undo a wallet.dat file that I copied over.
If you're using Windows, you could try Properties > Previous Versions. I haven't tested it myself and I'd back up anyway before trying. im using windows 8.1 and don't see previous versions in the properties tab for the wallet.dat file ok I found it but it didn't reset the wallet back to the original address. any other ideas? Restore from backup. You have backups, right? |
|
|
|
|
xibeijan
Legendary
Offline
Activity: 1232
Merit: 1001
|
|
May 25, 2014, 01:17:39 PM |
|
This is BTC all over again. Those who don't buy now will be crying when DRK hits $100.
|
|
|
|
thelonecrouton
Legendary
Offline
Activity: 966
Merit: 1000
|
|
May 25, 2014, 01:20:24 PM |
|
This is BTC all over again. Those who don't buy now will be crying when DRK hits $100.
If the big boys are still buying, I'm still buying.  |
|
|
|
|
|
Terzo
|
|
May 25, 2014, 01:23:39 PM |
|
The new wallet 10.8.6 wont sync ?!?
|
|
|
|
|
|
dstorm
|
|
May 25, 2014, 01:26:40 PM |
|
Don't forget to update your p2pools today. The new code with masternode support is available at https://bitbucket.org/dstorm/p2pool-drkPort numbers have changed to 8999 for p2p and 8998 for workers. You may want to change the worker port to 7903 or port forward if you are currently running a pool. On mainnet you will only see "Testing bitcoind P2P connection to '127.0.0.1:9999'..." until the hardfork because it doesn't support both protocol versions. I'm on IRC if you need any help.
|
|
|
|
|
luke997
|
|
May 25, 2014, 01:28:49 PM |
|
This is BTC all over again. Those who don't buy now will be crying when DRK hits $100.
If the big boys are still buying, I'm still buying. This. Look at charts, look at the volume of buy sell. Very easy to know whether it's safe to buy or not - very short term - long term good to go in any case. |
|
|
|
|
AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
|
|
May 25, 2014, 01:29:09 PM |
|
BUMP again for this page, make sure it's on every page until the hard fork. |
|
|
|
|
|
Kai Proctor
|
|
May 25, 2014, 01:29:31 PM |
|
The new wallet 10.8.6 wont sync ?!?
It syncs perfectly for me, you should try it but really this time. |
|
|
|
|
|
Ozziecoin
|
|
May 25, 2014, 01:32:42 PM |
|
This is BTC all over again. Those who don't buy now will be crying when DRK hits $100.
No, $1,000 |
|
|
|
|
Terzo
|
|
May 25, 2014, 01:33:12 PM |
|
The new wallet 10.8.6 wont sync ?!?
It syncs perfectly for me, you should try it but really this time. sorry 9.4.6 didnt sync 10.8.6 is OK |
|
|
|
|
|
