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[eduffield]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

[raze182]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

As most of your are aware, there was a critical problem with the masternode payments system yesterday that caused the network to fork into many smaller networks and caused a great destabilization. This was either due to an intentional attack on the network or an issue with the masternode payments system, in either case we have a solution for masternode payments that will be safe for the network in the future.

Once we learned the exchanges were on different forks, it was too late to do a proper fork in the future so we opted to fork immediately. The network updated rather quickly and stability was restored within a few hours.

Prognosis of the network

At this time the network is healthy and has been on the same chain since the event. We’ve reached out to every pool and exchange and no funds were lost during the event.

No More Forks

Beyond this point we will not need to hard fork the network to implement the rest of DarkSend features. This is an example of why hard forks are dangerous and we want to avoid them in the future.

Masternode Payments

We’ve wanted to increase masternode payments to 20% for a few weeks now, but have not been able to since the code was already going through the testing and launch stages. This will give us an opportunity to add greater incentive to secure the network and run masternodes.

Before moving onto RC3, the next version of Darkcoin will now include the masternode payment system (with 20% payouts). The method we’re going to use for masternode payments is not critical and can’t cause a hard fork so it should be rather quick to implement, scheduled for June 14th.

Release Candidate 3

DarkSend RC3 will include a greatly improved anonymity model and support for multiple “tickets” per masternode.

After completing masternode payments, over the next few weeks I’m going to be working with the core darkcoin team to establish a full fledged development team to help with Darkcoin and DarkSend. This should allow us to move at a similar pace of development with much greater quality. The next version of DarkSend is scheduled to be released at the end of June.

Know any great developers that want to help with Darkcoin? Please have them reach out to us.

[camosoul]

With the increased rewards there will be more masternodes there for making its even MORE decentralized

But won't multi-entry/tickets have a dampening effect on this? I'd much prefer to manage one MN with 50,000DRK getting votes than having to maintain 50+ with 1000DRK each... Would probably reduce chain bloat, too... But I haven't looked really close at how you're doing that yet...

[humanitee]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

Nice! Next time just say fuck twitter and post first! Shit was fishy given market conditions.

[splawik21]

Post on DarkCoin Twitter 30 seconds ago: "#darkcoin Posting the latest news on what has happened and how its being resolved, in 30 minutes. masternode payments going up to 20%."

Looks like I bought my 100 BTC worth in cheap coins at the right time. Thanks!

ha ha ha and now panic buy? hehe coinz you knew what you did!

[zwiggel]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

Masternode Payments

We’ve wanted to increase masternode payments to 20% for a few weeks now, but have not been able to since the code was already going through the testing and launch stages. This will give us an opportunity to add greater incentive to secure the network and run masternodes.

Before moving onto RC3, the next version of Darkcoin will now include the masternode payment system (with 20% payouts). The method we’re going to use for masternode payments is not critical and can’t cause a hard fork so it should be rather quick to implement, scheduled for June 14th.

[ymer]

And here comes the panic buying

[camosoul]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

Devil's Advocate: doesn't it sound a but pumpish to say you've wanted to raise MN payments to 20% for a while, when it's never, ever been mentioned.

It's crossed my mind that it should be done, but I've never said it out loud... Never saw you say so, either...

This'll be new troll focus, so why not address it now?

[mikemikemike]

Calling the floor now @0.1471, thank me later

Do you even know to read charts?

24 HR LOW
0.01410000

Trust me. I know how to read charts allot more than you do. I'm looking at cryptsy, not mintpal

Hey mr wizard, Cryptsy is now at 0.01453000

Wanna keep predicting the bottom?

Nope, I already did. And missing a drop by a variance of only 0.0002?! Ahahahaa. Thanks. That's a compliment in my eyes.

[zwiggel]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

''Know any great developers that want to help with Darkcoin? Please have them reach out to us.''

Seriously lets get this thing rolling. Get that Tante guy to set up a donation adress for Evan and lets all donate some drks to let him hire amazing devs to help finish this

[nhs6023]

pleace introduce trollboxes on exchanges!!!

You said that advice is right.
In the exchange to introduce
 

[splawik21]

HA HA HA @0,016 and rising

[becker]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

Devil's Advocate: doesn't it sound a but pumpish to say you've wanted to raise MN payments to 20% for a while, when it's never, ever been mentioned.

It's crossed my mind that it should be done, but I've never said it out loud... Never saw you say so, either...

This'll be new troll focus, so why not address it now?

Actually I don't think it will cause any pump, but rather discourage mining, and cause less interest in the coin, as it is turning into a closed system, where only real profits will be made by big holders. IMO.

20% is excessive. My interest has waned. Pigs get slaughtered.

[nhs6023]

And here comes the panic buying

I'd better look for a while
You are buying?
What's the idea

[camosoul]

Tante guy

I haz lols.

[k!lowatts]

15-16 in 3 sec  

[raze182]

From IRC:

[11:14] <MaterialDefender> InternetApe, so now Masternodes are going to work as intended correct?
[11:14] <MaterialDefender> and receive their payouts as of this fix?
[11:14] <@InternetApe> Evan says its a RELATIVELY easy fix, he is working on it.

[ymer]

15-16 in 3 sec  

And the announcement doesn't even make sense, it just says that things might be fixed in 3 weeks.

LOL

[Kai Proctor]

Where are my BTC when I want to buy more  

[camosoul]

Masternode Payments and Beyond

https://darkcointalk.org/threads/masternode-payments-and-beyond.921/

Devil's Advocate: doesn't it sound a but pumpish to say you've wanted to raise MN payments to 20% for a while, when it's never, ever been mentioned.

It's crossed my mind that it should be done, but I've never said it out loud... Never saw you say so, either...

This'll be new troll focus, so why not address it now?

Actually I don't think it will cause any pump, but rather discourage mining, and cause less interest in the coin, as it is turning into a closed system, where only real profits will be made by big holders. IMO.

20% is excessive. My interest has waned. Pigs get slaughtered.

I believe that is "working as intended."

Valuation will push for small USB ASICs. Probably cheaper and less energy sucking than GPUs while staying distributed and preventing The Bomb.

Diff already pushed reward to 5. Now it's 4. So? It was already nowhere near profitable to mine it... Hence the mob of inflatable X11 P&D shitcoins.