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

[Brilliantrocket]

Lol.. the concern trolls are out in full force... The most important thing is improving on the anon, masternodes are already getting paid in a high percentage. The original rewards for MNs was 10% and everyone was happy Evan took it to 20% and even with the hiccups we are somewhere in the middle. The purpose is inentivizing people to create nodes and the count just keeps going up, so if you dont like the rewards take down your nodes, more coins for me. Evan should focus on Darksend+. Payments are good enough for the time being.

Sorry if I sound like a concern troll, but this turn of events has me really disappointed. I'm still rooting for DRK, and I'm going to hold what I have, but I won't be buying any more DRK until I see a solid enforcement solution in place. I just feel that voluntary payments can only result in disaster. With voluntary payments attacking the network is as easy as pointing miners to a pool that isn't paying masternodes. Miners are always looking to maximize profit. And if someone starts offering a pool that is 20% more efficient than the rest of the network, I think the results are easy to predict.

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[coins101]

As Darwin once said - Its all cool.



Or was that Snoop Doggy Dog? I get them mixed up sometimes.

[turk-fx]

Enforcement, in itself, is just a workaround to ensure compliance. In other words, enforcement is not a good solution. What is needed is a protocol-based solution that works without forking and is non-voluntary.

+1

Why not use MN with X11+ as pool.

+2

Yep, I was thinking about this. There should be a system where you use a load balancer, and load balancer forwards your hashing power to a pool that is not overloaded. This way, we would have 1000+ pool equally loaded.

[Galahad111]

Since I updated my version 0.10.12.32 MN (AWS: Oregon, US) 7 days ago, I have yet to receive any payments. Will someone offer some advice that will help my precious MN to be recognized and appreciated. Thank You.    


 

[drkwarrior]

its almost time...
two coins are now moving into dump phase...
one coin is getting ready to move into pump phase...
 

[omahapoker]

I heard from good sources that you guys have been working hard on a faucet and it is soon going live





can't wait to see it

[drkwarrior]

I heard from good sources that you guys have been working hard on a faucet and it is soon going live





can't wait to see it

i think its already working, i seen a link a few pages back....

[tungfa]

I heard from good sources that you guys have been working hard on a faucet and it is soon going live





can't wait to see it

This should be it
http://www.reddit.com/r/DRKCoin/comments/2escng/free_drk_giveaway/

[luigi1111]

Sporkage is just putting the rules you mention into action. Same as if they were hardcoded in the first place.

Of course they had to be hardcoded in the first place for the spork to even work, but the fact that the software can be influenced by an external "switch" that can be turned on or off at any time is not in the spirit of cryptocurrencies.  I am fine with it for betas/RCs/development/whatever, but the final product should definitely not have any spork switches.

I don't believe enforcement was ever difficult to implement, I think the problems resulted from the payment/election code sometimes causing different nodes to believe different masternodes should be paid. So when enforcement was switched on (via hard fork), little forks started emerging because there wasn't consensus.

That is what I understand to have been happening; could've been something else though.

This is certainly believable, and I guess it would be a problem if a given miners/pools "chose" the same MNs over and over again, excluding other MNs. 1. However, it is better for them to be paying MNs than not at all.

Personally I've always thought the "election" process was convoluted and prone to error (given that not all MNs can necessarily always be seen by all nodes on the network) and that the coinbase transaction should simply pay the MNs who provably performed the mixing during that particular block.  Split it up among them proportionately.  The clients will choose which MNs to send to at random; or if they mess with the code to always favor certain MNs, that's fine too (although they will probably be losing some privacy if they choose to always use their own MN = shooting themselves in the foot = hopefully nobody is so stupid as to do this).  The MNs are paid for providing a service, and if they provide that service in a given block, then they should be paid in that block.  JM2C

1. I believe this should have been a fairly easy "enforcement" switch to code, but in reality wouldn't have done too much. I believe the cause of the forking to have been nodes thinking different MNs should be paid, and rejecting the blocks that paid, but didn't pay the "right" node. However, just making so 20% had to be split off or the block rejected would allow the miner to just pay themselves in a separate transaction.

I think you have an interesting idea in doing that PoSvc thing (which I believe "flare" has talked about at dct): you should be able to determine which masternode signed each denomination transaction included in the block.

It sounds very cool and elegant at first, but it too has vectors that must be considered. Nothing stops you from choosing a masternode; they just sit around waiting for inputs. So you could constantly denominate the smallest # of inputs (to minimize fees) using your own node, which would nearly guarantee its inclusion in every block for payment. This only wouldn't make sense if fees were higher than the payout.

Additionally, what happens if no denominate transaction occurs in a particular block? Is the mining node then able to keep the entire reward for himself? What then happens if he simply refused to include those transactions in his block (I'm not sure how you can force them to include transactions?).

Several other ideas are rolling around in my head, mostly in relation to masternodes somehow/sometimes having block minting authority. I need to think about it some more though.

[Laxdude7691]

its almost time...
two coins are now moving into dump phase...
one coin is getting ready to move into pump phase...
 

What exactly are you referring to? Please share

[Laxdude7691]

its almost time...
two coins are now moving into dump phase...
one coin is getting ready to move into pump phase...
 

What exactly are you referring to? Please share

LTC and being dumped...Hopefully DRK pump.

[chicken65]

Hi Folks,

Don't think Ive ever posted on the Dark coin section before?
Anyway, I do hold some Darkcoin and have been watching the price
as Im sure others have. I generally always hold so theres no panic here.

Anyway, I would like to ponder a thought and see what others think.
First, its a  great coin, excellent tech, no doubt about it. But, I cant help
think the coin, and other coins, as well as those that trade them get to caught up
in the tech side of things. It turns in to a scenario where everyone is just preaching
to the converted.

Is it not the case that without some real world applications, wide adoption etc
I think no matter how good a coins tech is things like what we have just seen
will happen time and again?

Its not just this coin, there are lots of them that
suggest amazing things, but from where I stand little of the tech surrounding various
coins never seems to make much of a difference in the grand scheme of things.

All traction/development/potential widespread use etc/ I see is always Bitcoin, and theres a lot of it. But even then
its not doing much for the price.

So, any thoughts?

[r-ando]

Hello,

    If there is weakness due to pool divergence could we look at something like this?

Would it be possible because there are so many masternodes and this is perfect for decentralization, to create a stereotype pool model and integrate it so it runs through the masternodes as an anonymous automatic fully integrated and decentralized vote based pool system that does not allow 51% attack.
Sounds good?
 A pool setup is relatively basic and masternodes could run pools and gain revenue from the coins mined by those pools, it could be interesting, decentralization could be maintained by randomly connecting miners to different pools based on reliability of pools and making sure automatically that no 51% ever happens as an integrated part of the Darknode pool protocol.
The mining of the coin through the pools running through the masternodes could be anonymous, so everything could operate anonymously and in an automated fashion.
 Essentially, why leave any element non ''dark'' or less anonymous, especially one that is so fundamental to the coin as mining as it currently stands at 80% production of new coins and serving for essential block verification. Anonymity for miners could be a concern, especially as mining is often seen as a financial activity, which deserves its own privacy, and anonymity could provide different levels of protection.

This way if a pool wanted to mine dark coin it could buy and operate a masternode and run the pool through it and also become anonymous. Anonymous pools built right into the system that contribute to masternode and general internal coin value, and anonymous mining. Everyone with a node would start generating revenue from new automatically setup node pools and 51% attacks would no longer be possible if it was written in the random node pool selection code.
This would drive the price upward and maintain a certain level of price predictability in itself as more pools want to mine DRK and more masternodes are secured. Also, I think it would be the first system to eliminate the 51% chance forever. This could be interesting. Private coin, private connection of client and updates, private pools, private mining and private nodes.

Thinking out loud. Thank you.

[soodooo]

Guess Evan dumped the 50% instamine he had. Can't blame the guy I guess. Good job creating a coin that looks legit at least. 

[Laxdude7691]

for those who may not know , this is why ltc/btc and many other shitcoins are being dumped.
Quote from: drkwarrior on August 13, 2014, 07:07:10 AM
Quote from: drkwarrior on August 12, 2014, 03:26:36 AM
around 8.30pm today, roughly 5 coins, bc,doge,ltc,drk,clk were all dumped, then btc was dumped for usd. What we have is a whale or whale group cashing out..around 2000+ btc.

some serious dumping of most alts on btce , just now ppc,nmc,ltc and btc dumped at the same time aswell as a few coins on other exchanges.
drk is spared because whales got out ages ago and tried to get us to dump with them. We held because we didnt want to play their silly games and hoddled for a MN.
i hear foolio hasnt been around for a week.

Quote from: Ignition75 on August 13, 2014, 07:01:50 AM
Quote from: drkwarrior on August 13, 2014, 06:41:58 AM
i think im defo on to something, http://trollboxarchive.com/search/all/koolio   - they sad to see him leave ,lol
https://twitter.com/KryptoKoolio   His last post on the 11aug.
On btce chat he says ltc going down heavy when the price was on 0.012 two days ago.

For those who dont know koolio was 2nd biggest ltc miner and bagholder after coblee himself  Shocked

I've been trying to get in touch with magnet, another LTC multi millionaire with a farm that makes my setup look like a rasberry pi CPU miner, no response...

LTC dying is going to send massive ripples throughout the system.  I honestly feel for those that are going to go under and they haven't discovered DRK yet.

yea seems like they cashing out before new ltc asics take their profits. Im sure he also dumped a whole bunch of alts yesterday and today.
Im just happy he cant damage drk

drk will be number 2 now defo 100%. Dump any shitcoins you may have because the biggest whale group has left.
This is a very good time to buy his cheap btc and buy cheap drk. This sale wont last long

Ever since I seen this post I've been very curious to see IF you are right. And if so you must have some info/knowledge most of us don't. Then you throw out this tidbit about two coins being dumped...one pumped.
Please don't leave us poor shmucks hanging...enlighten!

[drkwarrior]

its almost time...
two coins are now moving into dump phase...
one coin is getting ready to move into pump phase...
 

What exactly are you referring to? Please share

LTC and being dumped...Hopefully DRK pump.

hmmm hummm ok btsx already has entered stage 1 of dumping, btcd is now entering stage 1 of dumping.
the ???coin has been getting bought up for the last three nights, around the same time each night, over 200btc of buys so far without moving the price up  , someone is stocking up because they know that the price and liquidity is to low to buy large numbers without moving market up. The market will move up for ???coin very very soon.

[Sleepyx]

Theres a coin that if you check some peoples post history a few long time dark guys are talking in that coins thread and irc. Its actually been posted here a couple of times so I got some myself as I like the idea. That probably accounts for a small amount of the selling but obviously a bigger whale is also cashing out or pushing the price down to keep stocking up on dark.

[drkwarrior]

btcd dumpin fast now, get out while you can,lol
watch the panic kick in to buy drk 

[Laxdude7691]

Large quantity of DRK purchased on MP...price for most at .0054! C'mon...keep movin!

[drkwarrior]

Large quantity of DRK purchased on MP...price for most at .0054! C'mon...keep movin!

watch btcd at bitrexx,lol
100btc buy support wall pushed back to 0.006,lol going down ffffast