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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723479 times)
GhostPlayer
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June 26, 2014, 06:14:22 PM
 #39321


 Pool that HAVE NOT UPDATED !!  Shocked

 LTCRabbit
 Coinotron
 Coinmine.pl
 XHash.net
 Multipool.us
 Coinmine.pw
 

 Boooooooo!!!!  Tongue  .. I dont mind about LTCRabbit and Multipool.us, as they pay in LTC and BTC respectively.

perhaps the OP can be updated with a proper list of pools? Adding my DRK paying multipool too of course www.xpool.ca

Cheers

Too soon, this is was an unannounced "spork", and still early. About >50% of the network has updated I'm told
GaliX
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June 26, 2014, 06:26:47 PM
 #39322

why is the volume so low and on top even the value decreasing currently?

Trade:   Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...)
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GhostPlayer
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June 26, 2014, 06:29:09 PM
 #39323

why is the volume so low and even decreasing currently?

Because 1 fork went wrong, the second was reverted. Lots of panic. Most still might not know that the third was the charm  Shocked

Which is just brilliant!! I may end up with another node if this price maintains  Grin  (f*king fiat snail currency)
Freckleg
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June 26, 2014, 06:31:03 PM
 #39324


Quote
With this launch, we introduced a new soft-fork method, which some users have affectionately dubbed the “spork”

Haha, whoever "coined" this term, bravo  Grin

love this name "spork" Smiley looks like market could not classify the spork and waited for the news

I also got two payments on one of my masternodes, gonna get some junkfood and beer from that today Grin cheers

Save it for something healthy like... Champagne!
yellowcox
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June 26, 2014, 06:32:46 PM
 #39325

Hey!

First payment for my masternode!!!

Evan rocks  Smiley

Edit: The team rocks!
tifozi
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June 26, 2014, 06:35:01 PM
 #39326


Quote
With this launch, we introduced a new soft-fork method, which some users have affectionately dubbed the “spork”

Haha, whoever "coined" this term, bravo  Grin

love this name "spork" Smiley looks like market could not classify the spork and waited for the news

I also got two payments on one of my masternodes, gonna get some junkfood and beer from that today Grin cheers


Cheers. Enjoy  Grin
flound1129
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June 26, 2014, 06:38:02 PM
 #39327

Multipool has been updated.  Some advance notice next time would be great.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
TsuyokuNaritai
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June 26, 2014, 06:40:08 PM
 #39328

Multipool has been updated.  Some advance notice next time would be great.
It's OK, it wasn't a hard fork. Nothing bad happened from not updating yet, your blocks still got paid.

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June 26, 2014, 06:40:12 PM
 #39329

This is a fundamental problem with PoS, and is why Peercoin incorporates both PoW and centralized checkpointing.  Sunny King is not a stupid guy, he knows that PoS has a big flaw or else he would have implemented pure PoS for Peercoin

I've heard this argument quoted many times.

I don't agree with the idea that there's a "fundamental problem" with POS. I think there are more fundamental problems with POW.

I also think that POS is a far more elegant and modern approach to crypto currencies, being that it more closely represents the idea of "tokenised" wealth than POW does. POW kind of panders to the false premise that a store of wealth has to have "done something to deserve its value". In fact it doesn't and that's a highly flawed analysis of the definition of money in itself.

The fact that you can potentially take control of it by owning more than half the money supply doesn't impress me either as a criticism. In the modern world, you can take control of just about anything by owning more than half of it and as I said before, these are hypothetical scenarios anyway, not practical ones.

So all in all, I see POW as being obsolete. I'm into DRK for other reasons - I don't mind the fact that it's POW - I don't have any problem with that. Bitcoin itself is a POW algo, but if we're comparing "investability" issues based on algo alone, give me POS any day.
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June 26, 2014, 06:44:26 PM
 #39330

why is the volume so low and on top even the value decreasing currently?

Seems like there are too many bag holders from previous runups selling at every spike just to break even or cut their losses.
GhostPlayer
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June 26, 2014, 06:47:19 PM
 #39331

why is the volume so low and on top even the value decreasing currently?
Seems like there are too many bag holders from previous runups selling at every spike just to break even or cut their losses.

Which is natural. Many guys are in for instant profit. DRK resilience is proof of long term Wink
Remember, there was no announcement date this time. Heck, I went to bed 10 mins before the "spork"
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Leading Crypto Sports Betting & Casino Platform


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June 26, 2014, 06:47:30 PM
 #39332

why is the volume so low and on top even the value decreasing currently?
Seems like there are too many bag holders from previous runups selling at every spike just to break even or cut their losses.

Or traders from the BTC-E trollbox thinking too much about themselves. Where is Mike3 when you need them.

Quote

abercrombie:
sold on strength of just posted drk rc4 announcement
6/26/2014 1:21:11 PM
0

abercrombie:
sold all my drk from yesterday. i'm all cash (btc)


..Stake.com..   ▄████████████████████████████████████▄
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..PLAY NOW..
salmion
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June 26, 2014, 06:53:43 PM
 #39333

why is the volume so low and on top even the value decreasing currently?
Seems like there are too many bag holders from previous runups selling at every spike just to break even or cut their losses.

I'd say give it time. The spork is less dramatic.. I think the HARD FORK! SUCCESS!! Is like a big tick in some ways. I'm all for the spork but some will be waiting to see if any issues pop up. The enforcement needs to be turned on. And ideally more details of the new anonymity layer. And the lifting of the 10 drk limit. I do think it will drift higher as it becomes evident that :

RC3 is WORKING!!
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June 26, 2014, 06:54:27 PM
 #39334


 If US Marshall used Darkcoin, this would be a non issue  Grin

http://www.coindesk.com/government-sale-bitcoin-establishes-fungibility-precedent/
rickraw
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June 26, 2014, 06:59:37 PM
 #39335


 If US Marshall used Darkcoin, this would be a non issue  Grin

http://www.coindesk.com/government-sale-bitcoin-establishes-fungibility-precedent/

I was just actually thinking, those coins are going to be followed and 'kept an eye on' forever!

DASH - Private. Instant. Digital Cash.   DASHPAY.IO
eltito
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June 26, 2014, 07:00:31 PM
 #39336


 Pool that HAVE NOT UPDATED !!  Shocked

 LTCRabbit
 Coinotron
 Coinmine.pl
 XHash.net
 Multipool.us
 Coinmine.pw
 

 Boooooooo!!!!  Tongue  .. I dont mind about LTCRabbit and Multipool.us, as they pay in LTC and BTC respectively.

perhaps the OP can be updated with a proper list of pools? Adding my DRK paying multipool too of course www.xpool.ca

Cheers

That'd make the OP 3 pages long...

I have a list here: https://darkcointalk.org/threads/pools-exchanges-etc.1456/#post-10137

Please PM me on darkcointalk if there are any missing.
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June 26, 2014, 07:05:42 PM
 #39337

This is a fundamental problem with PoS, and is why Peercoin incorporates both PoW and centralized checkpointing.  Sunny King is not a stupid guy, he knows that PoS has a big flaw or else he would have implemented pure PoS for Peercoin

I've heard this argument quoted many times.

I don't agree with the idea that there's a "fundamental problem" with POS. I think there are more fundamental problems with POW.

I also think that POS is a far more elegant and modern approach to crypto currencies, being that it more closely represents the idea of "tokenised" wealth than POW does. POW kind of panders to the false premise that a store of wealth has to have "done something to deserve its value". In fact it doesn't and that's a highly flawed analysis of the definition of money in itself.

The fact that you can potentially take control of it by owning more than half the money supply doesn't impress me either as a criticism. In the modern world, you can take control of just about anything by owning more than half of it and as I said before, these are hypothetical scenarios anyway, not practical ones.

So all in all, I see POW as being obsolete. I'm into DRK for other reasons - I don't mind the fact that it's POW - I don't have any problem with that. Bitcoin itself is a POW algo, but if we're comparing "investability" issues based on algo alone, give me POS any day.


I'm not saying it's a problem with PoS as an idea, in general; but it is a problem with PoS as currently implemented by Peercoin and all of its copycats (pretty much any copycoin with a QT interface and not too much original development).  The PoS mechanism in NXT may be better (I have not seen any real details of it), and maybe somebody else has a solution implemented somewhere that I have not read about.  I know that Daniel Larimer (who is a very smart guy) who is developing BitShares, had problems creating a PoS system from scratch.  He kept running into all of these issues, came up with a system called "TaPoS" (Transaction as Proof of Stake) and ended up morphing into a PoS system called DPoS that implements a Delegate system with some similarities to the MasterNodes of Darkcoin.  We will see how that system turns out.  But all Peercoin-derived PoS implementations are flawed in several ways, this being a major one.

BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX
DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF
Eligius Payouts/CPPSRB Explained  I am not associated with Eligius in any way.  I just think that it is a good pool with a cool payment system Smiley
ddink7
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June 26, 2014, 07:06:31 PM
 #39338

This is a fundamental problem with PoS, and is why Peercoin incorporates both PoW and centralized checkpointing.  Sunny King is not a stupid guy, he knows that PoS has a big flaw or else he would have implemented pure PoS for Peercoin

I've heard this argument quoted many times.

I don't agree with the idea that there's a "fundamental problem" with POS. I think there are more fundamental problems with POW.

I also think that POS is a far more elegant and modern approach to crypto currencies, being that it more closely represents the idea of "tokenised" wealth than POW does. POW kind of panders to the false premise that a store of wealth has to have "done something to deserve its value". In fact it doesn't and that's a highly flawed analysis of the definition of money in itself.

The fact that you can potentially take control of it by owning more than half the money supply doesn't impress me either as a criticism. In the modern world, you can take control of just about anything by owning more than half of it and as I said before, these are hypothetical scenarios anyway, not practical ones.

So all in all, I see POW as being obsolete. I'm into DRK for other reasons - I don't mind the fact that it's POW - I don't have any problem with that. Bitcoin itself is a POW algo, but if we're comparing "investability" issues based on algo alone, give me POS any day.


Again, the problem isn't that you can take control by owning more than half the money supply. The problem is that the threat of taking control (if credible) is by itself enough to destroy the value of the currency. Creating a credible threat is easier in POS (since it only requires a large amount of money) than it is in POW (since it requires a large amount of scarce hardware to be assembled secretly and come online at exactly the same time).

Dash - Digital Cash
https://www.dash.org/
GhostPlayer
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June 26, 2014, 07:09:38 PM
 #39339


 Down price is peanut sales!!

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June 26, 2014, 07:10:03 PM
 #39340


altmine.net p2pools - Follow me on Twitter for latest updates @altminenet
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