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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722504 times)
coins101
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August 19, 2014, 11:34:24 PM
 #55221

Has anyone noticed the price today? The rebound is about 110.72 % and we are 3rd in volume. Now it is obvious, that the confidence was not lost in DRK or anything similar. It was pure market manipulation in hard times (which lasted a few days for the altcoins and Bitcoin) .
I'm hoping that this trend will continue and that we see $200M market cap and higher by the end of the week (certainly possible). The sell side is actually quite thin.

You had a typo.

Fixed it for you.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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August 19, 2014, 11:36:27 PM
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doubleredrolex
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August 19, 2014, 11:51:25 PM
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Guys we have an ignore button for Trolls coming from the coin that failed its audit, cloak coin

hahaha awesome.
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August 19, 2014, 11:55:41 PM
 #55224

im just watching the tor metrics pages, coins101 postet 2Million users are using tor and here are the numbers for tor-nodes:



more number here: https://metrics.torproject.org/network.html

I am not fully sure but i think relay and bridges are different machines and so we got 9000 nodes for 2Mil users. So I think 1000-2000 drk masternodes on medium-high level servers will be a great start. And no problem setting up 3-4 servers per masternodes or renting the high-level server if that pays out

but i would also like to see darksend being perfected and also integrated with btc-drk(send)-btc, we waited so long for darksend

I just worked out that at near max DRK supply, you can get around 13,000 nodes with 75% of coins allocated (can't remember what max DRK is, I know we are on a reducing scale).

Anyway.

13,000 nodes, running 2m users, paying $1/day (who wouldn't pay that for anonymity). That gets you something like $60k/year per Master Node in Revenue.

We currently have around 4.5m coins, at 75% - I think that works out at 3,400 nodes. With the same revenue metrics, you would be looking at $215k per Master Node per year. Not sure on costs to run, but it can't be anywhere near that, lol.

With that kind of return, each Master Node could be worth $1m - $2m.

Multiply that back up by 3,400 Master Nodes, and you get DRK valued at $3bn - $10bn within the next 12 - 36 months.

Like I said.

Fuck me. What has Evan created.
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August 19, 2014, 11:56:48 PM
 #55225

Where are all the trolls now? So peaceful without them....

DRK FTW! !!

Tao  Grin  Grin Grin

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August 19, 2014, 11:57:43 PM
 #55226

Has anyone noticed the price today? The rebound is about 110.72 % and we are 3rd in volume. Now it is obvious, that the confidence was not lost in DRK or anything similar. It was pure market manipulation in hard times (which lasted a few days for the altcoins and Bitcoin) .
I'm hoping that this trend will continue and that we see $200M market cap and higher by the end of the week (certainly possible). The sell side is actually quite thin.
You had a typo.
Fixed it for you.
Okay let's face it, I hardly doubt that it is in any case possible for DRK to reach $200M in 4 days. That's $50M market growth per day, and the crash after hitting such price would be insane. It's better if the price was going up slowly that bouncing up and down like it just did.
Even while being very optimistic (and don't get me wrong I would want DRK hitting such a price) the chances are slim if not none.
Let's wait and see what happens to the market in the next 24 hours. It could be very interesting.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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August 19, 2014, 11:59:35 PM
 #55227

I Just bought DarkTor.org to protect it from squatters.
(.com&.net are taken and used already Sad )

I think the name is perfect for "DarkTor" promo-site.

I can host it and let it to be used to promote new technology DarkTor to anybody competent and active in this area.
I can also transfer this domain to Evan if he likes to.


PS. I believe that DarkTor system will attract millions of new users to use it with DarkCoin - most of potential DarkTor's users even don't know about cryptocurrencies yet.

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August 19, 2014, 11:59:43 PM
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Quote
Utilizing the Masternode network - DarkTor

One of the future goals is to turn the masternode network into a decentralized business for masternode operators. To do this we’ll add features that improve the privacy of end users and compete with centralized businesses. Our first endeavor into this is to make a completely private tor network within Darkcoin.

The Darkcoin network will begin to offer anonymous internet access via the masternode network. As a user, all you’ll have to do is pay a fee for 24 hours of access. This fee will be paid to a masternode in much the same way the masternode fees are paid, using a deterministic algorithm for determining which masternode will get paid.

There’s a few benefits to running a private tor network through Darkcoin.

    Sybil resistant - Due to the cost of obtaining masternodes, it will be very difficult for any one person to view all traffic.
    Anonymous Payments - Users can pay anonymously for the service
    Private Network - Our tor network will be internal to darkcoin only. All traffic will be paid traffic, so the cost of running the service should be profitable for the masternode operators.
    Faster than tor - Tor has historically been very slow. This will be a lean version, that has much higher throughput.


As for the cost of the service we’re thinking $0.50 per day or something to that effect.

We’re still working on the details how this will function and this isn’t a feature that we’re absolutely set on. We’re very interested to get the community’s response to see if it’s viable .

Trade crypto? Check out Quatloo Trader - https://bitcointalk.org/index.php?topic=711966.0
coins101
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August 20, 2014, 12:01:32 AM
 #55229

Has anyone noticed the price today? The rebound is about 110.72 % and we are 3rd in volume. Now it is obvious, that the confidence was not lost in DRK or anything similar. It was pure market manipulation in hard times (which lasted a few days for the altcoins and Bitcoin) .
I'm hoping that this trend will continue and that we see $200M market cap and higher by the end of the week (certainly possible). The sell side is actually quite thin.
You had a typo.
Fixed it for you.
Okay let's face it, I hardly doubt that it is in any case possible for DRK to reach $200M in 4 days. That's $50M market growth per day, and the crash after hitting such price would be insane. It's better if the price was going up slowly that bouncing up and down like it just did.
Even while being very optimistic (and don't get me wrong I would want DRK hitting such a price) the chances are slim if not none.
Let's wait and see what happens to the market in the next 24 hours. It could be very interesting.

For my own sanity, please challenge my numbers:

im just watching the tor metrics pages, coins101 postet 2Million users are using tor and here are the numbers for tor-nodes:



more number here: https://metrics.torproject.org/network.html

I am not fully sure but i think relay and bridges are different machines and so we got 9000 nodes for 2Mil users. So I think 1000-2000 drk masternodes on medium-high level servers will be a great start. And no problem setting up 3-4 servers per masternodes or renting the high-level server if that pays out

but i would also like to see darksend being perfected and also integrated with btc-drk(send)-btc, we waited so long for darksend

I just worked out that at near max DRK supply, you can get around 13,000 nodes with 75% of coins allocated (can't remember what max DRK is, I know we are on a reducing scale).

Anyway.

13,000 nodes, running 2m users, paying $1/day (who wouldn't pay that for anonymity). That gets you something like $60k/year per Master Node in Revenue.

We currently have around 4.5m coins, at 75% - I think that works out at 3,400 nodes. With the same revenue metrics, you would be looking at $215k per Master Node per year. Not sure on costs to run, but it can't be anywhere near that, lol.

With that kind of return, each Master Node could be worth $1m - $2m.

Multiply that back up by 3,400 Master Nodes, and you get DRK valued at $3bn - $10bn within the next 12 - 36 months.

Like I said.

Fuck me. What has Evan created.

Cheers
TanteStefana2
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August 20, 2014, 12:01:43 AM
 #55230

Has anyone noticed the price today? The rebound is about 110.72 % and we are 3rd in volume. Now it is obvious, that the confidence was not lost in DRK or anything similar. It was pure market manipulation in hard times (which lasted a few days for the altcoins and Bitcoin) .
I'm hoping that this trend will continue and that we see $200M market cap and higher by the end of the week (certainly possible). The sell side is actually quite thin.
You had a typo.
Fixed it for you.
Okay let's face it, I hardly doubt that it is in any case possible for DRK to reach $200M in 4 days. That's $50M market growth per day, and the crash after hitting such price would be insane. It's better if the price was going up slowly that bouncing up and down like it just did.
Even while being very optimistic (and don't get me wrong I would want DRK hitting such a price) the chances are slim if not none.
Let's wait and see what happens to the market in the next 24 hours. It could be very interesting.

Oh coins is just having fun, LOL

BTW, is TOR actually free to use? 

Even so, DarkTOR would  have many advantages over TOR but it also makes it harder to figure out how many people would actually use it...

Another proud lifetime Dash Foundation member Smiley My TanteStefana account was hacked, Beware trading
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Sir Winston Churchill  BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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August 20, 2014, 12:02:03 AM
 #55231

im just watching the tor metrics pages, coins101 postet 2Million users are using tor and here are the numbers for tor-nodes:



more number here: https://metrics.torproject.org/network.html

I am not fully sure but i think relay and bridges are different machines and so we got 9000 nodes for 2Mil users. So I think 1000-2000 drk masternodes on medium-high level servers will be a great start. And no problem setting up 3-4 servers per masternodes or renting the high-level server if that pays out

but i would also like to see darksend being perfected and also integrated with btc-drk(send)-btc, we waited so long for darksend

I just worked out that at near max DRK supply, you can get around 13,000 nodes with 75% of coins allocated (can't remember what max DRK is, I know we are on a reducing scale).

Anyway.

13,000 nodes, running 2m users, paying $1/day (who wouldn't pay that for anonymity). That gets you something like $60k/year per Master Node in Revenue.

We currently have around 4.5m coins, at 75% - I think that works out at 3,400 nodes. With the same revenue metrics, you would be looking at $215k per Master Node per year. Not sure on costs to run, but it can't be anywhere near that, lol.

With that kind of return, each Master Node could be worth $1m - $2m.

Multiply that back up by 3,400 Master Nodes, and you get DRK valued at $3bn - $10bn within the next 12 - 36 months.

Like I said.

Fuck me. What has Evan created.

Will they pay $1 a day? I won't. https://www.privateinternetaccess.com/pages/buy-vpn/

Non-technical coin. Use OZC to intro coins to everyday aussies: http://ozziecoin.com
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August 20, 2014, 12:02:49 AM
 #55232


stealth923
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August 20, 2014, 12:05:24 AM
 #55233

Thats a centralised service....This is DarkTor you moron - a decentralised anonymous internet service. Evan said its 50 cents, which millions would pay for.
Cant believe you are still trolling here

***Ignore for good***
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August 20, 2014, 12:06:04 AM
 #55234

Darktor is :


Use it and become invisible

Darkring
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August 20, 2014, 12:06:11 AM
 #55235

im just watching the tor metrics pages, coins101 postet 2Million users are using tor and here are the numbers for tor-nodes:



more number here: https://metrics.torproject.org/network.html

I am not fully sure but i think relay and bridges are different machines and so we got 9000 nodes for 2Mil users. So I think 1000-2000 drk masternodes on medium-high level servers will be a great start. And no problem setting up 3-4 servers per masternodes or renting the high-level server if that pays out

but i would also like to see darksend being perfected and also integrated with btc-drk(send)-btc, we waited so long for darksend

I just worked out that at near max DRK supply, you can get around 13,000 nodes with 75% of coins allocated (can't remember what max DRK is, I know we are on a reducing scale).

Anyway.

13,000 nodes, running 2m users, paying $1/day (who wouldn't pay that for anonymity). That gets you something like $60k/year per Master Node in Revenue.

We currently have around 4.5m coins, at 75% - I think that works out at 3,400 nodes. With the same revenue metrics, you would be looking at $215k per Master Node per year. Not sure on costs to run, but it can't be anywhere near that, lol.

With that kind of return, each Master Node could be worth $1m - $2m.

Multiply that back up by 3,400 Master Nodes, and you get DRK valued at $3bn - $10bn within the next 12 - 36 months.

Like I said.

Fuck me. What has Evan created.

Will they pay $1 a day? I won't. https://www.privateinternetaccess.com/pages/buy-vpn/

Alright, even at 10c the math is interesting. Don't be mad you sold out the majority of your coins.
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August 20, 2014, 12:10:03 AM
 #55236


13,000 nodes, running 2m users, paying $1/day (who wouldn't pay that for anonymity).

so actually everyone using tor is not paying anything I think Smiley

but may be (not today) community should discuss some more about ethics, economy and legal influences of mixing a currency with private internet gateways. But I guess the tech is already there and everything shouts for the network to be used as next generation tor... Smiley

Tor is slow and crumbling - we are talking about a premium service here Cheesy
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August 20, 2014, 12:11:09 AM
 #55237

Is DarkTor the definite name? The word Tor is becoming a little synonymous with drugs and child porn. VPN and others not so much.

Trade crypto? Check out Quatloo Trader - https://bitcointalk.org/index.php?topic=711966.0
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August 20, 2014, 12:14:22 AM
 #55238

                                                       
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August 20, 2014, 12:15:40 AM
 #55239

Has anyone noticed the price today? The rebound is about 110.72 % and we are 3rd in volume. Now it is obvious, that the confidence was not lost in DRK or anything similar. It was pure market manipulation in hard times (which lasted a few days for the altcoins and Bitcoin) .
I'm hoping that this trend will continue and that we see $20M market cap and higher by the end of the week (certainly possible). The sell side is actually quite thin.

100% agreed. It was total market manipulation. We the believers knew it the whole time, and thats why we held onto everything. I even bought 3 BTC worth between 0.00295 and 0.0032 and I'm glad i did Smiley
Cant wait for RC5. The new plans sure sound interesting!
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August 20, 2014, 12:16:23 AM
 #55240

13,000 nodes, running 2m users, paying $1/day (who wouldn't pay that for anonymity). That gets you something like $60k/year per Master Node in Revenue.

We currently have around 4.5m coins, at 75% - I think that works out at 3,400 nodes. With the same revenue metrics, you would be looking at $215k per Master Node per year. Not sure on costs to run, but it can't be anywhere near that, lol..... $ signs

Hang on.

This is all going a bit gaga. We're potential headed into load of trouble here.

DRK was a currency, not a service. Its low coin supply was attractive and consistent with its role as a currency / store of value.

A currency should have NO utility value to be of any worth as a monetary medium. That's what makes crypto attractive. As soon as it starts to have utility value it goes out of circulation and becomes a utility which then exposes it to competition from other utilities.

So if we're now talking about a service, we're into a whole new ballgame. Different rules apply.

For a start, the limited coin supply is going to be a hindrance not a help. 1000 nodes is nothing in terms of a bandwidth infrastructure. You need 100's of thousands or millions because we're not just talking coin 'washing' we're talking high bandwith transport (I imagine).

Secondly, with it being a service, not a currency, there's nothing to stop other players from competing. Adoption isn't an objective anymore, revenue is. My own opinion is that a Darkcoin TOR network will never even get near the kind of income your talking about - there are so many players in this market who a way ahead in this technology. We're talking about a whole new industry sector. This is dreamland stuff.

Nobody gets to make that kind of money in a technology market and keep market share - it just doesn't happen, so lets get our feet back on the ground and establish exactly what this project is about.

This is a very big deal and must be thought through on all front before people start getting dollar signs in their eyes.



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