qwizzie
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August 17, 2014, 04:27:07 PM |
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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KryptoFoo
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August 17, 2014, 04:27:53 PM |
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Curious to see if Evan could get some big names to take seats on the board of the darkcoin foundation (if that is indeed more than just rumor).
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Btcvilla
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August 17, 2014, 04:28:14 PM |
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Latest Clients: 9.12.31 (stable) and 10.12.31 (RC4, includes Darksend+) - see Downloads section below. Specifications:- Release date: 11PM EST, 18th January 2014 / No premine
- X11 hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
- Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2)
- CPU/GPU mining
- Block generation: 2.5 minutes
- Difficulty Retargets using Dark Gravity Wave
- 7% decrease in the number of coins generated per year
- Est. ~22M Max Coins
- Decentralized Masternode Network
- Superior Transaction Anonymity using Darksend+
Darkcoin Innovations:- Darksend+ (coming late July/early August, 2014)
- Darksend+ has made some significant advances, and we’re happy to say that we’re closing in on a finished product.
With the introduction of Release Candidate 4 (RC4), the Darkcoin client will store pre-mixed, denominated Darkcoins in the user’s wallet, to be used instantly at any time the user desires. The mixing and denomination process is seamless, automatic, and requires no intervention on the part of the user. The 10 DRK limit in place with Darksend v1 will be permanently removed. With RC4, the amount that users can send via Darksend+ is limited only by the available balance in their wallet.
Here's how it works:
Every 10 blocks, user clients network-wide will send any unmixed, traceable Darkcoins in their possession through an anonymization phase. In this phase, Masternodes are used in chained succession to mix the coins they receive from the network and break them down into homogenous denominations. After being processed by a minimum of 2 Masternodes, the coins are either sent to the next Masternode in the chain or back to the user’s wallet at randomly generated change addresses.
Depending on the desired depth of security and privacy, users may select between 2 and 8 “hops” to successive Masternodes before their coins are sent back to the client. Hops are made every 10 blocks, so anonymization at a depth of 2 hops will take 2*2.5=5.0 minutes, 3 hops 3*2.5=7.5 minutes, and so on. The desired mixing depth can be selected in the client GUI.
At the end of the anonymization phase, the user’s coins are returned to their client at randomly generated change addresses. When the user wishes to make a transaction, the client forwards the intended amount from these anonymous change addresses directly to the intended receiver’s address. There is no direct involvement of of Masternodes in the final person-to-person transaction.
Proof of payment will work as it always has: a user can see the send transaction with the receiver’s address in their own wallet, and the blockchain will show that the receiver’s address received an input in the corresponding amount.
A breakdown of the improved Darksend+ process:
(Official statement link: http://[Suspicious link removed]/GZ1VZC)
- Masternodes and the Proof of Service Reward Paradigm
- In addition to traditional Proof of Work rewards for mining Darkcoins, users are also rewarded for running and maintaining special servers called “Masternodes”.
Though future plans envision several roles for Masternodes, their primary function is to carry out the anonymization phase of the Darksend+ protocol. The service that Masternodes provide to the network is the beating heart of Darksend+, which, in turn, is the defining feature of Darkcoin.
In return for providing this service, with each block mined, one Masternode is randomly selected by the network to receive 20% of the payout from that particular block. In order to run a Masternode, users must put up 1000 DRK as something akin to collateral, though unlike traditional collateral, the DRK never leaves the user’s possession. It can be moved or spent at any time by the user - doing so simply removes the Masternode from service and makes it ineligible to receive rewards.
- X11 Chained Hashing Algorithm
- X11 is a widely used hashing algorithm created by Darkcoin core developer Evan Duffield. X11’s chained hashing algorithm approach utilizes a sequence of eleven scientific hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoins were originally. ASICs will be much more difficult to make for these algorithms and should take years.
With chained hashing, high end CPUs give an average return similar to that of GPUs. An added benefit of the algorithm is that GPUs require approximately 30% less wattage and run 30-50% cooler than they do with scrypt.
- Dark Gravity Wave
- Dark Gravity Wave (DGW) is a widely used mining difficulty adjustment algorithm created by Darkcoin core developer Evan Duffield to address flaws in Kimoto’s Gravity Well.
- Multi-Phased Fork Implementation (aka the “Spork”)
- In response to unforeseen issues with the rollout of RC3, the Darkcoin development team created a mechanism by which updated code is released to the network, but not immediately made active (or “enforced”). Communication is sent out to users informing them of the change and the need for them to update their clients. Those who update their clients run the new code, but in the event of errors occurring with that new code, the client’s blocks are not rejected by the network and unintended forks are avoided. Data about the error can then be collected and forwarded to the development team.
Once the development team is satisfied with the new code’s stability in the mainnet environment - and once acceptable network consensus is attained - enforcement of the updated code can be activated remotely. Should problems arise, the code can be deactivated in the same manner, without the need for a network-wide rollback or client update.
This innovation allows for far smoother transitions than in the traditional hard fork paradigm, as well as the collection of test data in the live network environment.
We set out with the intention of calling this method of updating the “Soft Fork”, but the Darkcoin community quickly dubbed it the “Spork” and the name seems to have stuck.
Miscellaneous:- Darksend Progress Reports:
[/list] Too many alt coins in this world.
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shojayxt
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August 17, 2014, 04:30:00 PM |
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@ozziecoin Youve made your point clear I am sure Evan will take all opinions into consideration, but youve been repeating yourself since yesterday so I will respectfully put you in my ignore list until you have something new to contribute. [/quote Turning on your own now I see.]
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MasterMined710
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August 17, 2014, 04:30:36 PM |
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The real market won't use a closed source anon tech solution. They can always use XMR.
Edit: I hold zero XMR.
but they won't use xmr because of the unprunable bloating issue. xmr just can't handle mass adoption. the real market is not adopting xmr but it is and will continue to adopt darkcoin. i don't think you can even buy xmr with fiat and last i checked they still did not even have a gui wallet and no easy to plug in api like darkcoin. xmr has too many issues working against them including a slew of clones. another reason not to open source drk any time soon.
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qwizzie
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Activity: 2548
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August 17, 2014, 04:30:40 PM |
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too few meaningfull altcoins in this world (good thing Darkcoin is one of the meaningfull ones)
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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McHammer
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August 17, 2014, 04:33:29 PM |
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just zero buy support good thing today it could fall to 1 satoshi
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altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ... pls fud me hard via pm id appriciate that.
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shojayxt
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August 17, 2014, 04:35:08 PM |
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Yes. But the coin is dying and there is a tiny window to save it by creating a Btc mixing service to get new Btc into the coin. Do it while the marketcap is large enough to handle decent volume.
So if that's what you think needs doing, why not get off your arse and do it instead of moaning that nobody is doing it for you? Because the market is avoiding Drk like Ebola due to it being closed source. Ozziecoin.... that is your opinion... joe public doesnt know the difference between closed source, pre-mined, ninja mined, ipo... what ever, try explaining that to my parents and friends and their like, huh? Joe public cares about utility. Darkcoin will be opened sourced, but that isnt the magic pill you think it is. We voted back in February to keep the source closed till it was fully ready and ready for a full release, not in beta or release candidates. We still stand by that.... so for example if for you its a deal breaker and others... so be it and possibly when its development is completed you may want to join in if it has utility for you once its open sourced... or maybe you won't. its free choice. Joe Public doesn't give a damn about drk or anon. Regarding utility, Joe Public knows you can spend btc at overclock Dell expedia and likely soon eBay.
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MasterMined710
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Activity: 1182
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August 17, 2014, 04:35:49 PM |
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i'm a former xc troll that dumped and i'm now trolling for StealthCoin and will soon dump and move to the next pump and dump.
reported to moderator as advertising spam. I still own XC and StealthCoin, never go Darkcoin, never. Darkcoin dev don't know what he's doing, his scam of darkwallet/coinjoin getting too big. oh ok. i saw you threatening to dump all your xc a while back after that midnight release fiasco they had. you were trolling them pretty hard so i can't believe you still hold. i just figured you were on to the next pos p&d, my bad bro.
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MasterMined710
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August 17, 2014, 04:37:06 PM |
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Yes. But the coin is dying and there is a tiny window to save it by creating a Btc mixing service to get new Btc into the coin. Do it while the marketcap is large enough to handle decent volume.
So if that's what you think needs doing, why not get off your arse and do it instead of moaning that nobody is doing it for you? Because the market is avoiding Drk like Ebola due to it being closed source. why are they dumping xmr then?
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Joshuar
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August 17, 2014, 04:38:31 PM |
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Out of all the bitcoin-based anon coins. The only one I'd go with would be Darkcoin. Every single other one had practically cloned darkcoin. XC copied darkcoin's previous name, named their xnodes after darkcoin's masternodes, their xsend after darkcoin xsend, and more. Cloak did the same thing, Shadowcoin did the same thing, Stealthcoin did the same thing, and the other 50 "anon" coins that copied Darkcoin outright.
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❱❱ | | ██ █║█ ║║║ ║║║ █║█ ██ | | | | | ▄██▄ ▄██████▄ ▄██████████ ▄██████████▀ ▄▄ ▄██████████▀ ▄████▄ ▄██████████▀ ████████▄ ██████████▀ ▀████████ ▀███████▀ ▄███▄ ▀████▀ ▄█▄ ▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄ ▄███████▄ ▄██████████ ▄█████████ █████████ ▄██████████▀ ▄██████████▀ ▀█████▀ ▄██████████▀ ▄██████████▀ ▀▀▀ ▄██████████▀ ▄██████████▀ ██████████▀ ▄██████████▀ ▀███████▀ █████████▀ ▀███▀ ▄██▄ ▀█████▀ ▄██████▄ ▀▀▀ █████████ ▀█████▀ ▀▀▀ | | e i d o o ██
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eahmadov
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August 17, 2014, 05:01:56 PM |
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Hahaha! This made my day. Must have written some FUD again to deserve this video [can't see his posts since he has been in ignore with half a dozen others]
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coins101
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August 17, 2014, 05:05:49 PM Last edit: August 17, 2014, 05:16:33 PM by coins101 |
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Joe Public doesn't give a damn about drk or anon. Regarding utility, Joe Public knows you can spend btc at overclock Dell expedia and likely soon eBay.
Joe Public doesn't give a shit about Bitcoin either. No one is expecting DRK to be a replacement for bitcoin. What you fail to let others know is the view from people from within the Bitcoin Foundation: Those who need and have possibly started using Bitcoin are being targeted and killed. Their spending is traceable. That is not my overly dramatic view, that comes from the Bitcoin foundation. Now. Russia is creating legislation to ban Bitcoin. There are many who do not like Russian politics. But there are many Russians who are decent and they will become criminals for using Bitcoin and they will be hunted down through the blockchain. So you are attempting to contribute to killing a project, whether you are paid to do so or not, that gives people an alternative. You are directly supporting people who would exploit and murder, and you are supporting Putin who wants to create a police state that imprisons those who wish to have financial freedom. You claim to be a real advocate for Bitcoin. You are in actual fact Putin's little puppet, his man bitch. Bend over and take a few more.
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telematico
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August 17, 2014, 05:13:19 PM Last edit: August 17, 2014, 05:23:53 PM by telematico |
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UFFFFFFFFFFFFF
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coins101
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August 17, 2014, 05:14:13 PM |
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Yes. But the coin is dying and there is a tiny window to save it by creating a Btc mixing service to get new Btc into the coin. Do it while the marketcap is large enough to handle decent volume.
So if that's what you think needs doing, why not get off your arse and do it instead of moaning that nobody is doing it for you? Because the market is avoiding Drk like Ebola due to it being closed source. Ozziecoin.... that is your opinion... joe public doesnt know the difference between closed source, pre-mined, ninja mined, ipo... what ever, try explaining that to my parents and friends and their like, huh? Joe public cares about utility. Darkcoin will be opened sourced, but that isnt the magic pill you think it is. We voted back in February to keep the source closed till it was fully ready and ready for a full release, not in beta or release candidates. We still stand by that.... so for example if for you its a deal breaker and others... so be it and possibly when its development is completed you may want to join in if it has utility for you. So be it. I did my bit to bring this matter up. Ozziecoin....keep sharing your view. It is perfectly ok to challenge and express what you think. I believe you know that the project is going to be open source. Evan has stated that about 2,000 pages or more back, and more recently too. I think the timing of the open source is important. I'm not sure we are there yet. While we wait for the open source timing, Kristov Atlas will give his view. He has access to the source code. Many will accept that as middle ground. He will say if there is malware or spyware that will make darkcoins traceable or open to tracing. That is what people care about - and who else would they get to do a similar review who is not as equally qualified?
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bigrcanada
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August 17, 2014, 05:16:48 PM |
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Hahaha! This made my day. Must have written some FUD again to deserve this video [can't see his posts since he has been in ignore with half a dozen others] Bro the best feature ever... IGNORE! lol so much less noise. im in the process of creating an Official DarkCoin TROLL/FUDDSTER list that will warn new people of these maggots.. I bump it forward every few pages to let one know. Please submit your list of TROLLS/FUDDSTERS. Please though dont submit people that you have personal issues with. I want this list to have integrity and not a list of people that you have issues with. Please start listing away... ill post one this evening. it will not be editable other then by me so we dont have these clowns screwing around. thanks
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Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant | Please visit DASH.org or DASHtalk.org for a list of merchants and information.
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qwizzie
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August 17, 2014, 05:17:02 PM |
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Testing will begin in just a moment..... http://imgur.com/wZ8U4bknothing up my sleeve No smoke and mirrors Turning it on now........... With these setting.... http://imgur.com/NAi1XU9Sounds to me like the biggest hurdle is breaking up the 10K plus Once that is done - should be smooth sailing after that.... Back in a sec....... and begin................. i'm doing a 20K DRK anonymization right now with 8 rounds on Testnet .. so its good to hear yr doing a 10k as well, helps with my own transactions Exspect to see a lot of incoming Darksend Denominations .. and i mean a lot. Also be warned its gonna take some time .. i started three hours ago and only now starting to see Darksend Rounds of 3's But yeah.. it works
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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GhostPlayer
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August 17, 2014, 05:18:22 PM |
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This is probably one of the best posts I've read so far in this thread...
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