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

[cryptworld]

darkcoin keeps low
it is undervalued 

[coins101]

Development Updates - July 30th

https://darkcointalk.org/threads/development-update-july-30th.1924/

good update. Worth a read.

[alz]

Litecoin is old money. They don't go away just like that. If Darkcoin were a finished product 2-3 months ago, Litecoin would have been toppled by now. Unfortunately people took advantage of the very few negative points Darkcoin had and came up with all the *Send/Pseudonomous coins to split up the market in the interim.

Bitcoin was 20-30 years in the thinking, and 5 years in the making.

We've been here for a fraction of that overall time, and just in time for eCash to become tantalisingly close. You can almost smell and taste the financial liberation.

LOL    

You piss taker.....

nice 1  


Sounds just like something my mum would come out with!

[shojayxt]

From discussion of the newly-proposed NY law for crypto:

"One particularly controversial aspect of the law appears to ban the creation of any new cryptocurrency by an unlicensed entity. This would not only put a stop to virtual currency innovation (other Bitcoin-like monies include Litecoin, Peercoin, and the mostly satirical Dogecoin) but could theoretically put Bitcoin’s anonymous creator, known by the name Satoshi Nakamoto, in danger of prosecution if he failed to apply for a BitLicense." (Plenty more. It's not pretty)

https://bitcointalk.org/index.php?topic=699600.msg7915278#msg7915278

Implications for DRK?
      

I think there is sufficient room for interpretation around this aspect to make the regulations unhelpful.

The section that is relevant is

section 200.2

(n) Virtual Currency Business Activity means the conduct of any one of the following types of activities
involving New York or a New York Resident:

(1) receiving Virtual Currency for transmission or transmitting the same;
(2) securing, storing, holding, or maintaining custody or control of Virtual Currency on behalf of others;
(3) buying and selling Virtual Currency as a customer business;
(4) performing retail conversion services, including the conversion or exchange of Fiat Currency or
other value into Virtual Currency, the conversion or exchange of Virtual Currency into Fiat Currency or other
value, or the conversion or exchange of one form of Virtual Currency into another form of Virtual Currency; or
(5) controlling, administering, or issuing a Virtual Currency.

If the creators or the administrators carry out their 'conduct' in New York or involve a NY resident, then it is clear cut that issuing or administrating code, e.g. uploading crypto code to github for distribution, would require registration as a business.

The difficulties are:

1. What is the business that a coin issuer or administrator conducts, especially if they do their work for free?
2. Do individual volunteers have to register as individual businesses?
3. What if you issue a coin in Japan, yet someone living in NY contributes a few lines of code?

What is very unclear is whether someone living in Arizona would be considered as requiring registration in NY as a business if someone in NY acting as a consumer simply uses a currency. I doubt it.  Terms of reference in this section talk of 'conduct' i.e. carrying out activity relative to 'controlling, administering or issuing.'

Regulatory licences for any type of existing activities typically target a control test. They try to make businesses disclose sufficient information to identify those who ultimately might indirectly control a business, e.g significant shareholders (who may not be employees or officers; they may be acting through other businesses or from overseas).

Those that release a coin or contribute code to it might be consider as having some control. That remains true until a coin becomes sufficiently decentralised that new code releases could be forked and rejected by a sufficient number of clients.

How does this impact on DRK? It doesn't. It might if these regulations were adopted by Arizona or by the Federal government.

Is Satoshi under threat? Not likely. He doesn't control Bitcoin. However, if the regulations extended their definition of control to include those with a significant holding of a virtual currency, that could be challenged in the courts, but it is sufficiently grey that it could go either way.

Do significant holders of the global gold or diamond reserves have to disclose who they are? If someone accumulated significant cash and stored it under their house, would they need to disclose themselves?

With Darkcoin going anon, how can anyone prove how much eCash a DRK holder has? They can't. Whereas with Bitcoin they can. That is a good enough reason to go DRK as a hedge as anyone with any significant amounts of Bitcoin or Litecoin really needs.

Like I said before:

* You sold your eCash, when you should have hodl your eCash. ha ha.

* To da moon.

This is one for the US State regulators.

Pushing for such regulations will push Bitcoin out of the USA. That was not the intention, but it is the unintended consequence from the scope of this first beta release draft regulations.  That is why the price of Bitcoin is dropping.

If you push Bitcoin out of the USA, and make it difficult for US users to access Bitcoin without fear of penalty, lets face it Crypto has no real borders, than all you are doing is encouraging crypto currencies to develop new features.

Features such as IP Obfuscation which allows users to transact outside of the USA without you knowing.

Drive miners, code developers, exchanges out of the USA, but allow the users to buy goods with crypto, and you effectively offshore the business aspect of crypto, encourage users to access anon payment tools so they can buy / sell bitcoin in countries that are welcoming of Bitcoin, but encourage them to bring the coins back to the USA to buy stuff with.

You're not regulating anything at that point. You're just facilitating the demand for anon payment tools.

Hmm, if these regulations take hold in the US it doesn't look good for masterminodes hosted in the US at places like Amazon.  Other countries could follow suit.  That's why the masterminded network although the thing that makes Darkroom anonymous is also it's biggest weakness.

[luigi1111]

What's up?

The price!



https://bitcointalk.org/index.php?topic=579976.0

Are you shitting me?

Litecoin is Nr.2 to Bitcoin. Bitcoin is brand leader, the gold standard, first out of the gate with that first mover advantage thing going on.

So WTF has Litecoin got to offer now we're getting mixing out of the box, and IP Obfuscation? Nothing. Nada. Zero, Zilch, Zip.

It's been a long wait, but it's worth it.

*IP obfuscation 12 May 2014
https://bitcointalk.org/index.php?topic=421615.msg6694377#msg6694377

So now, those that have been lurking and were afraid to ask why IP Obfuscation is soooooooooo important on the inter web, you've got your answer.

CCMF

~ DRK Fanboy

I'm soo stupid
His account wasn't hacked hehe

Gotta say, I was triple-facepalming reading the last several pages of dialogue with coins101. I mean, it was SOO obvious!

[tifozi]

What's up?

The price!



https://bitcointalk.org/index.php?topic=579976.0

Are you shitting me?

Litecoin is Nr.2 to Bitcoin. Bitcoin is brand leader, the gold standard, first out of the gate with that first mover advantage thing going on.

So WTF has Litecoin got to offer now we're getting mixing out of the box, and IP Obfuscation? Nothing. Nada. Zero, Zilch, Zip.

It's been a long wait, but it's worth it.

*IP obfuscation 12 May 2014
https://bitcointalk.org/index.php?topic=421615.msg6694377#msg6694377

So now, those that have been lurking and were afraid to ask why IP Obfuscation is soooooooooo important on the inter web, you've got your answer.

CCMF

~ DRK Fanboy

I'm soo stupid
His account wasn't hacked hehe

Gotta say, I was triple-facepalming reading the last several pages of dialogue with coins101. I mean, it was SOO obvious!

The Q & A series by Coins101 Good stuff. Coins101 what else you got ?

[splawik21]

Ok have to admit. Coins is 101 years old I'm 21 only soooo the wisdom comes with age. Have a lot to learn yet

[thelonecrouton]

Ahahaha, coins101 that was masterful!  

Now, while I was missing all that fun, along with Evan's announcement doubling+ the underlying fundamental value of Darkcoin, I have upgraded my Masternode Management Suite with several important features.

1. Background pictures of hot readheads are now user selectable
2. It can converse with a running instance of darkcoind as well as felch informations from the blockchain

Have a hundred wallet addresses or masternodes and want an easy way of checking your wealth and breaking your nodes by buggering about with them with dodgy software you got for nowt from some weirdo bloke in the intertubes?

I present croutons continuing comedy cataclysm in coding:

[TanteStefana2]

BTW, because of Kristov Atlas's comment on one of his last youtubes, I started reading Atlas Shrugs (did Kristov change his name due to this?)  Anyway, it's kept me up last week, way too many nights LOL.  I've read Ayn Rand, but never this book.  I don't agree with her 100%, but this book is fun, and makes a point.  A bit of a blunt point, but that's ok

So, um, book recommendation.  Atlas Shrugged.  Oh, combine that with that video someone posted (Post again?) of where money comes from.  It's enough to really shove a person to the libertarian side, LOL.  You guys are so stimulating!

I think you mean this one:
The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4 | Mike Maloney
http://www.youtube.com/watch?v=iFDe5kUUyT0&list=PLE88E9ICdipidHkTehs1VbFzgwrq1jkUJ.

I can recommend watching the whole series if you've got the time. It's worth pointing out that Maloney is very keen on gold and silver and as well as giving lectures on impending doom he sells gold and silver, but is also quite keen on the idea of bitcoin. “It’s [bitcoin] not tangible like gold and silver but it doesn’t have storage fees, you don’t have to have a third party holding it in a vault somewhere for you. So, it solves some of the problems so far. The very best money that there has been throughout history has been gold and silver…Bitcoin is now being tried, and it may prove to be better. Who knows?”

I'm not sure what his views on altcoins are, but most people following this thread don't need to be schooled on some of the advantages Darkcoin has over Bitcoin.

Precisely, people, watch that!  Bitcoin et al, may be arriving on the scene just in time to save the world!

[coins101]

Yes, but if it is sooooo important why doesn't Litecoin hide IP addresses?

This is the wrong place to ask, as this is the DarkCoin thread.  Try asking here:

https://litecoin.org/


EDIT:  Please report back when they give you an answer.

An answer:

hahahha thats your funniest post yet! the huge text is unproductive? and your fucking evasive pathetic smokescreen posts from weeks and months are productive? enough with your ego jasinlee! you have NOT been very great on this project in case you dint know! im not expecting an apology for your shit but at least drop the attitude!

Dont tell me its "off-topic". Its very much on topic if 100s of people are fedop of Jasin's bullshit! What is actually off-topic is Jasin's arrogance when he describes the dinner he had with our money! Why not delete those posts instead?

ymer:

Calm down, your money is gone, jasin is a condescending scammer and the mods are his butt buddies.

We got owned, time to move on.

ASICs are coming, some are delayed, some are scams, some are incompetent.

[badman74]

Ahahaha, coins101 that was masterful!  

Now, while I was missing all that fun, along with Evan's announcement doubling+ the underlying fundamental value of Darkcoin, I have upgraded my Masternode Management Suite with several important features.

1. Background pictures of hot readheads are now user selectable
2. It can converse with a running instance of darkcoind as well as felch informations from the blockchain

Have a hundred wallet addresses or masternodes and want an easy way of checking your wealth and breaking your nodes by buggering about with them with dodgy software you got for nowt from some weirdo bloke in the intertubes?

I present croutons continuing comedy cataclysm in coding:

also one for android has been out for a while (sorry no redheads on this one)
Darkcoin Balance
(this is not mine)

[catotune]

Ahahaha, coins101 that was masterful!  

Now, while I was missing all that fun, along with Evan's announcement doubling+ the underlying fundamental value of Darkcoin, I have upgraded my Masternode Management Suite with several important features.

1. Background pictures of hot readheads are now user selectable
2. It can converse with a running instance of darkcoind as well as felch informations from the blockchain

Have a hundred wallet addresses or masternodes and want an easy way of checking your wealth and breaking your nodes by buggering about with them with dodgy software you got for nowt from some weirdo bloke in the intertubes?

I present croutons continuing comedy cataclysm in coding:

also one for android has been out for a while (sorry no redheads on this one)
Darkcoin Balance
(this is not mine)

Hah, that's my app! I wish I'd thought of putting a redhead in the background - much better choice, thelonecrouton .

[bamsterdam]

sorry this must been answered many times  I try to read it all but this tread so big what can I do with a masternode? I will buy some more drk and will get above 1000drk how en why should I take a masternode ? Do I lose my coins? Or cant I touch them? whats the deal..? 

Thanks!

[ExpedientSlush]

sorry this must been answered many times  I try to read it all but this tread so big what can I do with a masternode? I will buy some more drk and will get above 1000drk how en why should I take a masternode ? Do I lose my coins? Or cant I touch them? whats the deal..? 

Thanks!

No coins are lost but it's fairly involved to set up. What happens is that you essentially specify an address where the coins are kept and they can't leave that address as long as you intend to operate the node.

[RenegadeMan]

So they don't care about privacy of their users financial transactions, and don't mind letting the Litecoin users reveal their exact identity on the inter web?

As I've brought it up and this seems to be a common misunderstanding: The world wide web aka "the web" (meaning actual web sites) does not equal "the internet" but is actually a service built on top of the internet which is merely a medium rather than something that you can interact with. Any cryptocurrency is not built on top of "the web" but on top of the internet. So it actually co-exists independently from the web and thus you can't reveal your identity on "the web" via any kind of coin.

This might seem like splitting hairs but I really can't help it right now. I find it frustrating that even people here know so little about the beauty of a system like the internet. Yes, I'm a geek.  

An astoundingly important point hartvercoint has highlighted. The WWW was named a web because of Timothy Berners-Lee's very clever original concept of any HTML page being directly addressable. It in effect created a "web" of pages that could all be linked together. (Unfortunately developments like Facebook and Apple iTunes have sullied that clear architecture and built their own sections of the WWW that are closed off and don't follow the rules of pages being directly addressable; but that's a whole other story).

The "Internet" (note capital "I", the officially correct way of writing it) is a vastly bigger concept than the "web" and involves the TCP/IP protocol as its base that services are then built on, the WWW being just one of them.

[unicode.03C0]

I can't get test net to sync after a few hours.
Can anyone tell me where to find a list of test net nodes?
Thanks !

[thelonecrouton]

Hah, that's my app! I wish I'd thought of putting a redhead in the background - much better choice, thelonecrouton .

I'm just messing about learning stuff, but I can now run most darkcoind commands from my app. Basically I have reimplemented a supercrude qt wallet, but with buttons to push instead of typing commands into the console. Plus I can store all my MN addresses in a textfile and get all my balances at once, which beats hammering chaeplin's page every ten minutes to see if a MN has been paid.

Plus, yeah, redheads!  

Tomorrow I'll make it run a slideshow and emit girly giggling and moany noises when you MN gets paid or your address balance increases. Or possibly not.  



edit: I have now attained complete remote control of the daemon, including everything masternode related, hurrah. Because I'm sure you were all anxious about that.

[Cosmos]

I can't get test net to sync after a few hours.
Can anyone tell me where to find a list of test net nodes?
Thanks !

http://tdrk.poolhash.org/blocks/masterlist.txt

[bamsterdam]

sorry this must been answered many times  I try to read it all but this tread so big what can I do with a masternode? I will buy some more drk and will get above 1000drk how en why should I take a masternode ? Do I lose my coins? Or cant I touch them? whats the deal..? 

Thanks!

No coins are lost but it's fairly involved to set up. What happens is that you essentially specify an address where the coins are kept and they can't leave that address as long as you intend to operate the node.

Thanks and from what I heard you will earn 20% of a block when you're node got chosen for a transaction?

[ExpedientSlush]

sorry this must been answered many times  I try to read it all but this tread so big what can I do with a masternode? I will buy some more drk and will get above 1000drk how en why should I take a masternode ? Do I lose my coins? Or cant I touch them? whats the deal..? 

Thanks!

No coins are lost but it's fairly involved to set up. What happens is that you essentially specify an address where the coins are kept and they can't leave that address as long as you intend to operate the node.

Thanks and from what I heard you will earn 20% of a block when you're node got chosen for a transaction?

Yep when you're selected by the network you get 20%.