luigi1111
Legendary
Offline
Activity: 1105
Merit: 1000
|
|
August 30, 2014, 10:18:06 PM |
|
I realize that the system has similarities. What I believe is novel is the (snipped) "nomination" system based on the hash of the block, the need for the nominated MNs to respond with blockchain-writable transactions within 2 blocks of being nominated, and the deterministic picking of a "winner" based on the responding MNs. This negates the need to maintain an off-blockchain "list" of active MNs, which I believe is what caused the forking problems in previous releases, where some nodes were rejecting blocks off of a belief that the MN receiving payment was not a valid MN, for whatever reason. You can see this in all the questions about "is my MN appearing ok?" It should not be possible for one person's list of active MNs to be different than another person's, yet I believe that this is what we still have today. "I'm seeing 850 active MNs but Joe sees 842" is a very difficult problem to solve, so my proposal moves all MN "activeness" into the blockchain where it becomes indisputable.
When MN payments were first introduced, forking occurred as the network propagation process could take longer than the blocktime. Since then the inter-MN comms are *much* faster. If I see 850 active MNs, you and Joe also see 850, any change is propagated within seconds at most. There will always be fringe cases, but that's what the voting system across multiple blocks is is for. It's critical for future services that MN's maintain comms discrete from the slow blocktime. I agree, but I don't think it's critical that they do so for payment (at least % of block reward payment) reasons.
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
August 30, 2014, 10:19:56 PM |
|
Monero has today passed DarkCoin in Price/Coin for the first time.
So it has. The only reason it hasn't surpassed DRK in market cap is the slightly lower coin supply.
|
|
|
|
future_quark369
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 30, 2014, 10:23:56 PM |
|
Monero has today passed DarkCoin in Price/Coin for the first time.
So it has. The only reason it hasn't surpassed DRK in market cap is the slightly lower coin supply. I think people in Argentina prefer to buy XMR before bitcoin or darkcoin
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
August 30, 2014, 10:26:55 PM |
|
I think people in Argentina prefer to buy XMR before bitcoin or darkcoin
Why ?
|
|
|
|
oblox
Legendary
Offline
Activity: 1442
Merit: 1018
|
|
August 30, 2014, 10:33:00 PM |
|
Why the hell are people still comparing coin prices with different coin supply? Seriously, if that's the case, 42 coin or some other ridiculously small coin supply has well surpassed BTC... oh wait, it hasn't... because it's a stupid fucking comparison. Pull your heads out of your asses people.
|
|
|
|
RenegadeMan
|
|
August 30, 2014, 10:33:26 PM |
|
Can anyone explain to me what has happened to about 10 pages of this thread? I went to bed last night with this post #59600 from MangledBlue on page 2980 (in response to masternode's overview of his background and crypto involvement): It's a pleasure to meet you. If I can help in any way, big or small, I surely will :-)
...and this morning I've hit refresh on that page only to have it go back to page 2970 and #59381 and I can't find that previous post of Mangled. What's appearing on this page is all new (i.e. I'm not reading the previous posts I've already read) but what happened to the numbering? confused! I guess this relates to the BCT moderators deleting posts? A extraordinary number seem to have gone though. I've just checked back through my browser tabs from yesterday that haven't yet been refreshed. This post from thelonecrouton was at #59595 on page 2980 It's now post #59308 on page 2966. That means a total of 287 posts have disappeared! Good grief. (Yeah Mangled, can't find it but haven't done a search on your text)
|
BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
|
|
|
coins101
Legendary
Offline
Activity: 1456
Merit: 1000
|
|
August 30, 2014, 10:49:40 PM |
|
https://bitcointalk.org/index.php?topic=579976.0All that talk about beer in Spain earlier has got me on the San Miguel Actually, it's just helped me figure out that once DarkTor or xyzTor like service is announced as a plan, there is no reason why we can't launch a kick-starter fundraiser to get another 500 - 1,000 master nodes up - they will have a revenue flow. We can ask people around here to set them up and manage them. I've got a chap that does consulting work for me who can do the application or put up the details (I would have to ask him first). When the price goes up, people can buy them out, or more likely people can liquidate their Master Nodes as others join in. Simples
|
|
|
|
RenegadeMan
|
|
August 30, 2014, 10:57:34 PM |
|
Can anyone explain to me what has happened to about 10 pages of this thread? I went to bed last night with this post #59600 from MangledBlue on page 2980 (in response to masternode's overview of his background and crypto involvement): It's a pleasure to meet you. If I can help in any way, big or small, I surely will :-)
...and this morning I've hit refresh on that page only to have it go back to page 2970 and #59381 and I can't find that previous post of Mangled. What's appearing on this page is all new (i.e. I'm not reading the previous posts I've already read) but what happened to the numbering? confused! I guess this relates to the BCT moderators deleting posts? A extraordinary number seem to have gone though. I've just checked back through my browser tabs from yesterday that haven't yet been refreshed. This post from thelonecrouton was at #59595 on page 2980 It's now post #59308 on page 2966. That means a total of 287 posts have disappeared! Good grief. (Yeah Mangled, can't find it but haven't done a search on your text) Hell - at that rate we should have hit 3000 pages already - that's crazy - ugh Yes. And I searched on your text, your original post is definitely gone, only the recreation in my post is showing up in search results. This forum is either seriously flaky, the BCT moderators are just deleting stuff at random (and there was absolutely nothing in your post that would have even remotely warranted it being deleted) or a combination of both.
|
BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
|
|
|
mikerutch
|
|
August 30, 2014, 11:05:06 PM |
|
hey guys, having a issue with bittrex.... trading coins are showing in ''wallets'' but when I click on a coin I'm invested in it shows a zero balance. any suggestions?
|
|
|
|
TaoOfSaatoshi
Legendary
Offline
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
|
|
August 30, 2014, 11:11:06 PM |
|
Monero has today passed DarkCoin in Price/Coin for the first time.
HERE COME BAD NEWS TALKING THIS N' THAT WELL GIVE ME ALL YOU GOT NO HOLDIN' BACK I SHOULD PROBABLY WARN YA I'LL BE JUST FINE NO OFFENSE TO YOU DON'T WASTE YOUR TIME HERE'S WHY: BECAUSE I'M HAPPY!! DRK FTW!!! Tao
|
|
|
|
oneway
Member
Offline
Activity: 83
Merit: 10
|
|
August 31, 2014, 12:03:36 AM |
|
I need some new piece of shit coin to mine so I can dump it for DRK - huummmmm
Any thoughts out there ? - lol
DRK at 0.0047 do you think this coin has any future? And with all the other threads giving the proofs of scams. This is just more coin killing the trust of investors in the alternates.
|
|
|
|
AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
|
|
August 31, 2014, 12:26:49 AM |
|
The lower the price, the better the gain prospect. That's how it goes. When the price was high, haters were bitching on how it is so overpriced and pumped and that's why they wouldn't buy. When the price is low "it doesn't have a future"... When the price was ultra-low (0.001x), people were criticizing "price stability" and claiming it was a reason to dump, lol.
So whether you are going up, down or sideways there's always someone to say something.
As for the price of Monero vs DRK, from the perspective of DRK, it is in DRK's best interest for Monero's price to be as high as possible so that Monero investors are sucked dry of their BTCs / USDs and when they are dried up they'll have nothing more to throw at it and it'll all crumble due to inflation.
Monero is a highly inflationary coin so high unit price + high inflation = epic BTC drain just to sustain price. This is also the reason of why there is small potential of explosive growth (as this would require tremendous funds to be kept at a sustainable level every day). Some Monero investors understand it and want to avoid a higher price. Some don't. It's as simple as that.
|
|
|
|
Brilliantrocket
|
|
August 31, 2014, 12:36:53 AM |
|
I need some new piece of shit coin to mine so I can dump it for DRK - huummmmm
Any thoughts out there ? - lol
DRK at 0.0047 do you think this coin has any future? And with all the other threads giving the proofs of scams. This is just more coin killing the trust of investors in the alternates. The current price is of little relevance. I believe the current low price reflects some lingering uncertainty. If Evan presents solid, working solutions the price will go up again. Time is of the essence, however. For Darkcoin to be the #1 privacy centric currency, we have to be running at 100% (enforced, provably random masternode payments, no bugs, user friendly DS+) prior to Monero achieving their own version of user friendliness. It seems that the Monero GUI won't be here for at least a month, so there is still time for either coin to succeed. Alternatively, both coins could find some measure of success.
|
|
|
|
Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
|
|
August 31, 2014, 01:10:53 AM |
|
How's everybody's Ducknote hedge doing ?
Got in at 5, got out at 18, picked up half a MN, awesome tip
|
The new generation have arrived and they brought their own currency...
|
|
|
Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
|
|
August 31, 2014, 01:18:25 AM |
|
The lower the price, the better the gain prospect. That's how it goes. When the price was high, haters were bitching on how it is so overpriced and pumped and that's why they wouldn't buy. When the price is low "it doesn't have a future"... When the price was ultra-low (0.001x), people were criticizing "price stability" and claiming it was a reason to dump, lol.
So whether you are going up, down or sideways there's always someone to say something.
As for the price of Monero vs DRK, from the perspective of DRK, it is in DRK's best interest for Monero's price to be as high as possible so that Monero investors are sucked dry of their BTCs / USDs and when they are dried up they'll have nothing more to throw at it and it'll all crumble due to inflation.
Monero is a highly inflationary coin so high unit price + high inflation = epic BTC drain just to sustain price. This is also the reason of why there is small potential of explosive growth (as this would require tremendous funds to be kept at a sustainable level every day). Some Monero investors understand it and want to avoid a higher price. Some don't. It's as simple as that.
LoL that is so true, people will complain regardless of what the price is. Scamero just feels waaay too overdone, even if you don't look at the bloatware or ridiculous inflation, there are just too many shills and pump threads around for it to be genuine...
|
The new generation have arrived and they brought their own currency...
|
|
|
stealth923
Legendary
Offline
Activity: 1036
Merit: 1000
|
|
August 31, 2014, 01:24:37 AM Last edit: August 31, 2014, 01:51:24 AM by stealth923 |
|
I need some new piece of shit coin to mine so I can dump it for DRK - huummmmm
Any thoughts out there ? - lol
DRK at 0.0047 do you think this coin has any future? And with all the other threads giving the proofs of scams. This is just more coin killing the trust of investors in the alternates. The current price is of little relevance. I believe the current low price reflects some lingering uncertainty. If Evan presents solid, working solutions the price will go up again. Time is of the essence, however. For Darkcoin to be the #1 privacy centric currency, we have to be running at 100% (enforced, provably random masternode payments, no bugs, user friendly DS+) prior to Monero achieving their own version of user friendliness. It seems that the Monero GUI won't be here for at least a month, so there is still time for either coin to succeed. Alternatively, both coins could find some measure of success. You forget the fact that Monero has ZERO infrastructure and services support based on a completely new API re-write. Darkcoin is backed by the Bitcoin API so integration and adoption is 1000x easier and more likely to occur. If bitcoin is still having trouble getting mainstream adoption why would businesses even think about adopting a completely different API that's unheard of and untested. Doesn't matter if a GUI is done for Monero, they still need 1-2 years at minimum to build that infrastructure & services support base. Secondly as stated many times over Monero is a high inflation currency - at the moment the BTC required to prop the current price up is high. Thirdly they have serious scalability and bloat issues that at current rates of growth it will become unusable or require a centralised block chain hosting service or their database optimisation that they have been working on to which have not produced any results to date. Fourthly if/when a GUI is released will it be stable, will it be easy to use, will there be bugs/exploits etc... Thats a huge amount of issues to overcome when Darkcoin just needs to optimise/open source and begin marketing
|
|
|
|
coins101
Legendary
Offline
Activity: 1456
Merit: 1000
|
|
August 31, 2014, 02:55:12 AM |
|
The lower the price, the better the gain prospect. That's how it goes. When the price was high, haters were bitching on how it is so overpriced and pumped and that's why they wouldn't buy. When the price is low "it doesn't have a future"... When the price was ultra-low (0.001x), people were criticizing "price stability" and claiming it was a reason to dump, lol.
So whether you are going up, down or sideways there's always someone to say something.
As for the price of Monero vs DRK, from the perspective of DRK, it is in DRK's best interest for Monero's price to be as high as possible so that Monero investors are sucked dry of their BTCs / USDs and when they are dried up they'll have nothing more to throw at it and it'll all crumble due to inflation.
Monero is a highly inflationary coin so high unit price + high inflation = epic BTC drain just to sustain price. This is also the reason of why there is small potential of explosive growth (as this would require tremendous funds to be kept at a sustainable level every day). Some Monero investors understand it and want to avoid a higher price. Some don't. It's as simple as that.
LoL that is so true, people will complain regardless of what the price is. Scamero just feels waaay too overdone, even if you don't look at the bloatware or ridiculous inflation, there are just too many shills and pump threads around for it to be genuine... I think the team that took over are genuine. I just think it has some issues. Maybe they can be worked out, who knows. I hold some, but I just found this a little worrying https://bitcointalk.org/index.php?topic=583449.msg8604125#msg8604125https://bitcointalk.org/index.php?topic=755840.0Anyway, DRK has had it fair share of FUD and trolls....so lets hope they can workout any issues. Sorry for going off topic.
|
|
|
|
UdjinM6
Legendary
Offline
Activity: 1318
Merit: 1040
|
|
August 31, 2014, 03:05:37 AM |
|
Oh hey - Does anybody know how many "Instances" you can run under the AWS free tier, namely, the number of MN's and still be in the "FREE ZONE"?
I don't use amazon now but last time it was something like 720 hours per month -> 1 instance EDIT: 750 hours http://aws.amazon.com/free/
|
DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
|
|
|
Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
|
|
August 31, 2014, 03:26:18 AM |
|
The lower the price, the better the gain prospect. That's how it goes. When the price was high, haters were bitching on how it is so overpriced and pumped and that's why they wouldn't buy. When the price is low "it doesn't have a future"... When the price was ultra-low (0.001x), people were criticizing "price stability" and claiming it was a reason to dump, lol.
So whether you are going up, down or sideways there's always someone to say something.
As for the price of Monero vs DRK, from the perspective of DRK, it is in DRK's best interest for Monero's price to be as high as possible so that Monero investors are sucked dry of their BTCs / USDs and when they are dried up they'll have nothing more to throw at it and it'll all crumble due to inflation.
Monero is a highly inflationary coin so high unit price + high inflation = epic BTC drain just to sustain price. This is also the reason of why there is small potential of explosive growth (as this would require tremendous funds to be kept at a sustainable level every day). Some Monero investors understand it and want to avoid a higher price. Some don't. It's as simple as that.
LoL that is so true, people will complain regardless of what the price is. Scamero just feels waaay too overdone, even if you don't look at the bloatware or ridiculous inflation, there are just too many shills and pump threads around for it to be genuine... I think the team that took over are genuine. I just think it has some issues. Maybe they can be worked out, who knows. I hold some, but I just found this a little worrying https://bitcointalk.org/index.php?topic=583449.msg8604125#msg8604125https://bitcointalk.org/index.php?topic=755840.0Anyway, DRK has had it fair share of FUD and trolls....so lets hope they can workout any issues. Sorry for going off topic. When it first came out on Polo and the TrollBox was inundated with XMR shills to a level I had never seen before, a few people who resisted the jihad calmly pointed out how much it was getting slammed by massive cpu farms. Of course there is room for more than 1 anon currency in the market, XMR are just feeling the pinch of hiring too many shills, the community pushes back when they are being force fed too much bullshit.
|
The new generation have arrived and they brought their own currency...
|
|
|
thelonecrouton
Legendary
Offline
Activity: 966
Merit: 1000
|
|
August 31, 2014, 04:38:45 AM |
|
The current price is of little relevance. I believe the current low price reflects some lingering uncertainty. If Evan presents solid, working solutions the price will go up again. Time is of the essence, however. For Darkcoin to be the #1 privacy centric currency, we have to be running at 100% (enforced, provably random masternode payments, no bugs, user friendly DS+) prior to Monero achieving their own version of user friendliness. It seems that the Monero GUI won't be here for at least a month, so there is still time for either coin to succeed. Alternatively, both coins could find some measure of success.
Jesus Christ it takes a day, tops. I completely redid my CCMF Multisig demo today in my lunchbreak.
|
|
|
|
|