[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[slapper]

Any Chinese friends in here ?

Can you please request ltc1btc to update stratum and wallet?  QQ 2830577073   E-mail: support@ltc1btc.com

[stealth923]

Please. Masternodes denominate they don't transact or participate in the sending anymore.

Good luck getting masternodes shutdown in china if it's banned in America. Iceland as well gives no shit about American policy.

They can't even get pirate bay shutdown.

Once again you think darkcoin lives only in America. You must be 12 years old.

[toknormal]

If anyone thinks that the United States government isn't capable of shutting down a cryptocurrency they are mistaken.

I agree that although they can't actually technically "shut it down", they can probably create enough fear, uncertainty and doubt to drive the price to the floor. For example by banning businesses from expressing prices in Bitcoin, banning exchanges etc.

But lets think through the implications of such a draconian policy for a minute.

For a start, they'd have to say goodbye to their "we're business and innovation friendly", "we're only worried about laundering" act. The cat really would be out of the bag and police state exposed. Secondly, cryptocurrencies do not know sovereign boundaries. You'd actually have to get a global level of consensus for such a clampdown to have much meaning.

Thirdly, if they did that, bitcoin might actually go up in value because it would be seen the way gold was during the ban on holdings - "to valuable to have in the hands of regular folks".

So I see decentralisation of any kind as being very difficult to regulate. In fact we're not even necessarily talking about cryptos "going mainstream", but simply staying where they are while the fiat system decays.

[shojayxt]

What does a masternode do other than transmit Darkcoin?  

An administrator or an exchange that transmits convertible virtual currency to another person or location would be required to register as an MSB.

“An administrator or exchanger that (1) accepts and transmits a convertible virtual currency or (2) buys or sells convertible virtual currency,” however, is a money transmitter unless an exemption
applies.102

It appears that FinCEN is fine with masternode operation as long as the administrator registers as an MSB.

How many masternode operators are registered as an MSB?

Masternode does not transmit (= receive and send) coins.

That's your interpretation.  I'm sure there are a plethora of Federal prosecutors and Judges that will see it differently.  Masternodes are essential for anonymous transactions on the Darkcoin network so they could claim that they are involved in the transmission of funds.  That's all it would take for an overzealous prosecutor to make a name for him/herself.  

Masternodes are involved in the transmission of funds.  That's enough.

It's entirely possible that without registering as an MSB you might get a visit from FinCEN for running a masternode in the United States.

[Lauda]

That's your interpretation.  I'm sure there are a plethora of Federal prosecutors and Judges that will see it differently.  Masternodes are essential for anonymous transactions on the Darkcoin network so they could claim that they are involved in the transmission of funds.  That's all it would take for an overzealous prosecutor to make a name for him/herself.  

Masternodes are involved in the transmission of funds.  That's enough.

It's entirely possible that without registering as an MSB you might get a visit from FinCEN for running a masternode in the United States.

For your prosecutors and judges.

[coins101]

Feds Use Patriot Act To Crack Down On Virtual Currency Exchange
http://americasfuture.org/feds-use-patriot-act-to-crack-down-on-virtual-currency-exchange/

http://www.wmitchell.edu/lawreview/Volume40/documents/Middlebrook.pdf

FinCEN acknowledges that the third-party exchange might appear to be conducting a bona fide purchase and thus entitled to an exemption, but notes that the safe harbor
does not apply when the only service being provided is money transmission

What does a masternode do other than transmit Darkcoin?  

An administrator or an exchange that transmits convertible virtual currency to another person or location would be required to register as an MSB.

“An administrator or exchanger that (1) accepts and transmits a convertible virtual currency or (2) buys or sells convertible virtual currency,” however, is a money transmitter unless an exemption
applies.102

It appears that FinCEN is fine with masternode operation as long as the administrator registers as an MSB.

How many masternode operators are registered as an MSB?

That's better. We are moving you closer to the DRK side.

This is really a good point. The trouble is, when the US Marshals sold their bitocoins, did they go to the nodes that conducted the transactions and offer to give them ID details?

No? Arrest them. The point is, they can't.

Nodes are pass-through routers. They are not at the initiation or termination of the transaction. That's the sender and the receiver within crypto land.

The decentralization part makes this the way to enforce regulation. That's what the nice FenCEN chick was saying on the youtube video.

Senders keep records and ID details. The coins don't carry ID, they are eCash. MNs can't ask the coins for ID. Once out of the client, they are in the wild. The recipient becomes responsible for the other end of the regulatory burden - records that need to be kept if needed.

[AlexGR]

shojayxt, the transparent market is at 99%+. There are hundreds of transparent coins or means of payment that you can use right now. There is no case to be made in their favor as they DOMINATE the market.

Most of us in the DRK thread believe in the explosive growth potential of something new, something like e-cash in the form of anonymous crypto.

If you don't believe in it, why are you sitting all day here arguing against it, instead of simply buying transparent coins? Why did you even "buy" in the first place - if you ever? So that you can then tell us that you dumped your DRKs - if you don't even believe in anonymity and that it is a stupid idea etc etc? And that suddenly occured to you after ...masternode payments?

All the things that you are saying have been said a couple of thousands of pages ago... darkcoin? yeah good luck with that... anonymous transfers? the government will ban you... etc etc... all these and more, like "I'm ok with my BTCs", "the exchanges will not trade DRK" have already been said. A few months later DRK has made its marketcap like 20x. And it's not even close to wide adoption phase due to development.

[duckmuy]

Aside from functioning as the facilitator of a darksend transaction, what else could a masternode do? Could we have a decentralized messaging service built into the client?

[Ozziecoin]

Can't wait for ltc investors to realise they are holding a coin that has virtually zero innovation.

[duckmuy]

Can't wait for ltc investors to realise they are holding a coin that has virtually zero innovation.

I think most already realized this, hence why the price is so low. You should read the btc-e trollbox, it's full of bitter angry bagholders who explode at the mention of anything that's not litecoin. They sit around and jerk each other off to shared delusions of $100 litecoin. It's pathetic.

Not to mention the moderators who ban anyone who dare mention a coin not traded on there.

[Kokk]

It's interresting to see different vision.

You're talking about US law etc. , in EU, it's "whatch out" about btc and crypto's.
[In EU we are used to say that "your are in advance for 20 years ! (back to 70's 80's") Now it's less.](my personnal thought)]

ALtcoins / BTC are Worldwide today in all continents : Africa, Asia, Oceania, America, Europa.
Decentrelized, no fiat, the big problem.

What do you think ?

[illodin]

What do you think ?

Darkcoin = no problem

[chaeplin]

x11ltc1btc is back.
( 4 address)



to 100,000 block height, left 11blocks.



http://explorer.darkcoin.qa/chain/DarkCoin display right address.

[Kokk]

Who is mining and who speculate ! ?

[shojayxt]

Can't wait for ltc investors to realise they are holding a coin that has virtually zero innovation.

I think most already realized this, hence why the price is so low. You should read the btc-e trollbox, it's full of bitter angry bagholders who explode at the mention of anything that's not litecoin. They sit around and jerk each other off to shared delusions of $100 litecoin. It's pathetic.

Not to mention the moderators who ban anyone who dare mention a coin not traded on there.

Sounds like this thread.

On another note.  Darkcoin dropped to #6 behind ripple and peercoin on coinmarketcap.  It will likely get back to the #5 spot soon though.

[Ozziecoin]

Can't wait for ltc investors to realise they are holding a coin that has virtually zero innovation.

I think most already realized this, hence why the price is so low. You should read the btc-e trollbox, it's full of bitter angry bagholders who explode at the mention of anything that's not litecoin. They sit around and jerk each other off to shared delusions of $100 litecoin. It's pathetic.

Not to mention the moderators who ban anyone who dare mention a coin not traded on there.

They can't fight gravity forever. One assumes the market will eventually recognise real tech advancements.

[chaeplin]

Code:

 Darkcoin 100000

Short Link: http://explorer.darkcoin.io/b/C8H7fguLC

Hash: 00000000000fd08c2fb661d2fcb0d49abb3a91e5f27082ce64feed3b4dede2e2
Previous Block: 0000000000108d4b9231f4ec99ab5dc970b6ec740745f44eee0754f67d598ac3
Next Block: 0000000000053598074c72412d5eb3ab1dc840e4aeb40f3396bb36819407d20f
Height: 100000
Version: 2
Transaction Merkle Root: 43eb305e7a85ec9d27b3724dab6b2ede5111d54f4568a03d4181231fbd356e81
Time: 1405041879 (2014-07-11 01:24:39)
Difficulty: 3 898.724 (Bits: 1b10cf42)
Cumulative Difficulty: 548 706.989
Nonce: 5628506
Transactions: 2
Value out: 9.0008
Average Coin Age: 45.0625 days
Coin-days Destroyed: 49.37792916
Cumulative Coin-days Destroyed: 69.613%

100000 !!!! // http://darkcoin.miningpoolhub.com/ found.

[Kokk]

nist5 with Iceberg for exemple ?

[shojayxt]

If DRK is widely accepted and used as a payment option what happens if I buy something using DRK and the merchant says they never received the payment?  What recourse do I have to prove I actually sent it to them since the transaction is anonymous and can not be tracked in the blockchain? 

[shojayxt]

Nice dump. What a cunt.

I hope you go for a leisurely swim in the ocean and get gang raped by a pod of dolphins.

You must be looking in the mirror.