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

[coins101]

Today's update from Evan

I wanted to put this out there to get the communities take on what Darkcoin should be in the future. I think there's a fork is the road for Darkcoin. I have a few different ideas for what masternodes could do. A few months ago when I came up with the idea of paying Masternodes I was thinking they could pretty much decentralize everything on the internet. That being said, it looks like other coins are already focusing on this.
As a result I don't believe we should do what others are doing. The thing I think we've really succeeded at is building an anonymity layer that's robust enough to provide nearly total anonymity while also not bloating the blockchain. I don't think there's much competition on that front and we have the brand for that service.
So we need to choose one of these options:
1.) We provide services and try to compete with centralized and next-gen decentralized providers. I think this hurts the anonymity brand by diluting what we're doing.
2.) We focus on providing a host of anonymity services using the Darksend implementation. This would mean my next project would be to rewrite electrum to use the masternodes to anonymize funds, then an android wallet that can use Darksend, then iPhone, etc. The foundation would also be tasked with trying to get businesses to accept Darkcoin and expand the user base.
I think I want to go with #2. It means that ALL users will have an out-of-the-box nearly perfect anonymous payment solution, which could be a big deal in the near term future.
Also, going with #2 would mean we abandon providing Darktor/Iris and similar services.

There has been overwhelming support from the community about going with #2!  So I think that is probably the direction we are taking.  But chime in and give your opinion here:

https://darkcointalk.org/threads/darkcoin-fork-in-the-road.2244/

The nr 1 point is exactly what i was very worried about in my post a few pages back:

Darknet is not a feature we need for Darkcoin,developers are doing the wrong thing,they should work more on the coin instead of creating a better Tor.
Darknet will only hurt us more then it would help,scammers that can hide on it,child porn,gun sellers,drug sellers etc,it's going to stain te legit coin in a very bad way!!
they should brand Darkcoin as a private coin like paying in cash,bitcoin in 2014 is moving away out of this negative things and then the developers are putting Darcoin in it's place,not good.
i dont want my Darkcoins to get a bad name but it will,the big public will only speak of the coin criminals use,how is that going to help us?
Criminals use the coin for doing criminal transactions you put yourself at risk when owning a masternode or even use the coin,i dont want the NSA or any goverment take this coin down or investor dont invest because they get stained with the stamp CRIMINAL on it.

I think Darkcoin is a great coin that keeps your spending private like cash does,but in these days when regulation is forming that will help crypto currency it's a very big risk of damaging this coin when you facilitate all the bad things the regulators dont want.
The regulation is needed so bussines can be run in the same legal matter as normal company's so big money investors will know there money is safe and can not be stolen and also consumers know they cant be ripped off.
The crypto industry can not grow large like we all want if no one can be put to court when stealing like what happend @ MTgox.
I am very sceptic about darknet in a way it's to close linked to Darkcoin now,they should finish RC5,help merchants adapoting it,do the marketing,Darknet should be a new bussines not related Darkcoin,get it's own brand,website and marketing.

Definitely going with number two!

I've been hyping up DarkTor for nearly 2 weeks. Fingers are bleeding from all the typing. Just as I've managed to get everyone here on board.....

Right. That's it. I'm off to CroakCoin.

edit.

And VeriRollBackCoin too 

[Minotaur26]

So the guy who sold celeb photos for bitcoin, he should really have used darkcoin...

Why? Bitcoin is as secure as Darkcoin, if he wanted real anonymity he would have used Monero.

I can't imagine someone with your amount of history would be so ill informed? Darkcoin is quite anonymous. Have you even read how it works? It's my own implementation of coinjoin that is much more anonymous than anything offered on the bitcoin network, plus it's not vulnerable to any of the coinjoin attacks (coinjoin sudoku). It's decentralized, secure, timing-attack resistant and it works on mainnet, right now.

I'm going to just guess that you haven't actually done any reading about Darksend and show you how it works:

http://blog.anonymousbitcoinbook.com/2014/08/visualizing-one-round-of-darkcoins-darksend/

https://bitcointalk.org/index.php?topic=421615.0

Here's an example transaction:

http://test.explorer.darkcoin.fr/tx/6f52d97497c6f6ff2d866de53a1dcd8b3d3b74c8feb16e2e91624fda0985a917

So the gist is if you put 550DRK into the pool, it'll be broken down into 100DRK*5, 10DRK*5 and paired with the same denominations from another user. So after that transaction, no one can tell who is paying for what.

It's also very low bloat compared to monero /bytecoin because it only happens when it's needed. The whole blockchain is 346MB right now. Monero is not even close to as old and already is many times that size.

Isn't the issue here that Dark is an active coin? What I mean is that the user has to actively want to mix their coins and this can create a low anonymity set. (hence the small blockchain)

As I understand it, the Monero chain is larger because every single payment is passively anonymous. (There are exceptions right now due to 0 mixin, but this will be removed soon)

The strength of the anonymity set in Monero is so grand that it makes no sense to use something inferior if you actually need an anonymous currency.

This is where I think Darksend+ beauty is, the mixing and the spending are separate so you don’t have to wait for people wanting to transact to mix coins, denomination and mixing start automatically you just choose the amount you want anonymized and the level of anonymity the client does everything else, then the coins sit there already anonymous waiting to be spend at a later time. You can even put coins through the darsend+ process several times at your leisure, and there is always people to mix with at least that has been my experience even though we are still at an early stage.

[zombie6]

Today's update from Evan

I wanted to put this out there to get the communities take on what Darkcoin should be in the future. I think there's a fork is the road for Darkcoin. I have a few different ideas for what masternodes could do. A few months ago when I came up with the idea of paying Masternodes I was thinking they could pretty much decentralize everything on the internet. That being said, it looks like other coins are already focusing on this.
As a result I don't believe we should do what others are doing. The thing I think we've really succeeded at is building an anonymity layer that's robust enough to provide nearly total anonymity while also not bloating the blockchain. I don't think there's much competition on that front and we have the brand for that service.
So we need to choose one of these options:
1.) We provide services and try to compete with centralized and next-gen decentralized providers. I think this hurts the anonymity brand by diluting what we're doing.
2.) We focus on providing a host of anonymity services using the Darksend implementation. This would mean my next project would be to rewrite electrum to use the masternodes to anonymize funds, then an android wallet that can use Darksend, then iPhone, etc. The foundation would also be tasked with trying to get businesses to accept Darkcoin and expand the user base.
I think I want to go with #2. It means that ALL users will have an out-of-the-box nearly perfect anonymous payment solution, which could be a big deal in the near term future.
Also, going with #2 would mean we abandon providing Darktor/Iris and similar services.

There has been overwhelming support from the community about going with #2!  So I think that is probably the direction we are taking.  But chime in and give your opinion here:

https://darkcointalk.org/threads/darkcoin-fork-in-the-road.2244/

The nr 1 point is exactly what i was very worried about in my post a few pages back:

Darknet is not a feature we need for Darkcoin,developers are doing the wrong thing,they should work more on the coin instead of creating a better Tor.
Darknet will only hurt us more then it would help,scammers that can hide on it,child porn,gun sellers,drug sellers etc,it's going to stain te legit coin in a very bad way!!
they should brand Darkcoin as a private coin like paying in cash,bitcoin in 2014 is moving away out of this negative things and then the developers are putting Darcoin in it's place,not good.
i dont want my Darkcoins to get a bad name but it will,the big public will only speak of the coin criminals use,how is that going to help us?
Criminals use the coin for doing criminal transactions you put yourself at risk when owning a masternode or even use the coin,i dont want the NSA or any goverment take this coin down or investor dont invest because they get stained with the stamp CRIMINAL on it.

I think Darkcoin is a great coin that keeps your spending private like cash does,but in these days when regulation is forming that will help crypto currency it's a very big risk of damaging this coin when you facilitate all the bad things the regulators dont want.
The regulation is needed so bussines can be run in the same legal matter as normal company's so big money investors will know there money is safe and can not be stolen and also consumers know they cant be ripped off.
The crypto industry can not grow large like we all want if no one can be put to court when stealing like what happend @ MTgox.
I am very sceptic about darknet in a way it's to close linked to Darkcoin now,they should finish RC5,help merchants adapoting it,do the marketing,Darknet should be a new bussines not related Darkcoin,get it's own brand,website and marketing.

Definitely going with number two!

I've been hyping up DarkTor for nearly 2 weeks. Fingers are bleeding from all the typing. Just as I've managed to get everyone here on board.....

Right. That's it. I'm off to CroakCoin.

edit.

And VeriRollBackCoin too 

lol +101

[toknormal]

Folks - have a look at the state of the volume chart on Mintpal.

That tells you all you need to know about whats happening to altcoins. Out of 60 markets there's only 5 with more than 10 BTC volume over 24 hours. Of those 5, none are over 35 BTC except DRK which has over 80 BTC.

Everything is dead as a dodo except for a few top coins of which DRK is the most active. That's no accident either - clearly it's market activity reflects it's activity in the development and roadmap departments. The price is now highly compressed and it's still more than twice its nearest "anon" competitor.

This is an extremely healthy state of affairs. There are not a lot of these coins around and if demand starts to swell then it's going to be difficult for accumulate any large holdings from here since the pump & dump phase is done and has been survived.

[pbleak]

What is the deal with the new update? Mostly MN related?

[pookielax31]

https://www.coingateway.net/  <------ BOMBARD them with emails about accepting us... It about time they give us the spot since we won that voting round 2 weeks back!!!!! This is a nice additive feature to have for DarkCoin.

There has a fee of 2-5 BTC to be paid to get listed:

Implementing an alternate Crypto-Coin

Our requirement list is very simple, we require a coin to be listed at a reputable exchange e.g. Cryptsy, Bittrex, (Mintpal is Recommended), have a reasonable amount of volume and have a good user base. Finally we require a listing fee between 2 - 5 BTC (Low Risk - Medium Risk - High Risk) depending on the requirements. If you would like any more information, please do not hesitate to mail us at support@coingateway.net or contact our live support at the bottom right hand corner.

The fee is used to stock up on the alternate coin reserves as well as handling server resources and development time.

I saw this and decided to go back and see if I could answer the questions more thoroughly.

https://darkcointalk.org/threads/losing-faith-in-drk.2210/page-5#post-18919

Hey Evan how bout you use a miniscule amount of that Instamine and pay for this... You said you want merchant adoption, well this is the best way to begin to implement it, By being accepted everywhere BTC is

[pbleak]

https://www.coingateway.net/  <------ BOMBARD them with emails about accepting us... It about time they give us the spot since we won that voting round 2 weeks back!!!!! This is a nice additive feature to have for DarkCoin.

There has a fee of 2-5 BTC to be paid to get listed:

Implementing an alternate Crypto-Coin

Our requirement list is very simple, we require a coin to be listed at a reputable exchange e.g. Cryptsy, Bittrex, (Mintpal is Recommended), have a reasonable amount of volume and have a good user base. Finally we require a listing fee between 2 - 5 BTC (Low Risk - Medium Risk - High Risk) depending on the requirements. If you would like any more information, please do not hesitate to mail us at support@coingateway.net or contact our live support at the bottom right hand corner.

The fee is used to stock up on the alternate coin reserves as well as handling server resources and development time.

Hey Evan how bout you use a miniscule amount of that Instamine and pay for this... You said you want merchant adoption, well this is the best way to begin to implement it, By being accepted everywhere BTC is

(a) No premine.
(b) Why would he deal with this crap?

[pookielax31]

https://www.coingateway.net/  <------ BOMBARD them with emails about accepting us... It about time they give us the spot since we won that voting round 2 weeks back!!!!! This is a nice additive feature to have for DarkCoin.

There has a fee of 2-5 BTC to be paid to get listed:

Implementing an alternate Crypto-Coin

Our requirement list is very simple, we require a coin to be listed at a reputable exchange e.g. Cryptsy, Bittrex, (Mintpal is Recommended), have a reasonable amount of volume and have a good user base. Finally we require a listing fee between 2 - 5 BTC (Low Risk - Medium Risk - High Risk) depending on the requirements. If you would like any more information, please do not hesitate to mail us at support@coingateway.net or contact our live support at the bottom right hand corner.

The fee is used to stock up on the alternate coin reserves as well as handling server resources and development time.

Hey Evan how bout you use a miniscule amount of that Instamine and pay for this... You said you want merchant adoption, well this is the best way to begin to implement it, By being accepted everywhere BTC is

(a) No premine.
(b) Why would he deal with this crap?

Didnt say premine... and pretty sure its not crap

[pbleak]

https://www.coingateway.net/  <------ BOMBARD them with emails about accepting us... It about time they give us the spot since we won that voting round 2 weeks back!!!!! This is a nice additive feature to have for DarkCoin.

There has a fee of 2-5 BTC to be paid to get listed:

Implementing an alternate Crypto-Coin

Our requirement list is very simple, we require a coin to be listed at a reputable exchange e.g. Cryptsy, Bittrex, (Mintpal is Recommended), have a reasonable amount of volume and have a good user base. Finally we require a listing fee between 2 - 5 BTC (Low Risk - Medium Risk - High Risk) depending on the requirements. If you would like any more information, please do not hesitate to mail us at support@coingateway.net or contact our live support at the bottom right hand corner.

The fee is used to stock up on the alternate coin reserves as well as handling server resources and development time.

Hey Evan how bout you use a miniscule amount of that Instamine and pay for this... You said you want merchant adoption, well this is the best way to begin to implement it, By being accepted everywhere BTC is

(a) No premine.
(b) Why would he deal with this crap?

Didnt say premine... and pretty sure its not crap

(1) My bad (sincere, I'm not into internet debates).
(2) This I stick to. We have time. Merchant stuff later.

(sorry for the jumpy post).

[toknormal]

Market momentum stiffening up. 150 and 650 DRK shots now making some moderate gouges into the order book on the ask side.

In response, some desperados are trying to dribble 0.00542 and 0.0053955 granular DRK onto the bottom of the spread gap in a vain attempt to dowse any potential action lest they loose the liquidity they need to get their buys in.

[wwhitman]

Like what Dark is doing lately, and if developers stay on point and the correct fork(s) is chosen, it has potential.

Regarding volume however -- you need to take aggregate of all exchanges and compare them to see what the competition is. On Poloniex, BBR alone has done more than 88 BTC in 24 hrs. XMR regularly does twice that.

Not putting down DRK, but there are a lot more legitimate competitors out there now than when DRK first launched. Hopefully this will encourage continued growth to be the best.

[HinnomTX]

RC5 testing has begun! Come help out!

https://darkcointalk.org/threads/rc5-testing.2245/

I just updated my testnet masternode to 10.13.00. There are only 6 masternodes running on testnet (the protocol version went up so old masternodes got the boot). Come support RC5 testing!

BTW, I'm very pleased with choice #2 as the future for Darkcoin. The DarkTor/Web 3.0 concept is very tricky business (at least in the U.S.), and I believe many masternode operators would be uncomfortable with the potential legal liability of supporting such a framework.  Bitcoin already has a shady reputation, so Darkcoin has plenty of critics to fend off as it stands.

So in the near term, masternode based Electrum wallets and smart phone apps are critical to unlocking Darkcoin's potential as electronic cash. In the medium term, IP obfuscation and transaction security should be looked at a second time to ensure that anonymity can be preserved. We may yet need something like DarkTor, if only to wall off the Darkcoin transaction network from prying eyes.    

[Minotaur26]

Market momentum stiffening up. 150 and 650 DRK shots now making some moderate gouges into the order book on the ask side.

In response, some desperados are trying to dribble 0.00542 and 0.0053955 granular DRK onto the bottom of the spread gap in a vain attempt to dowse any potential action lest they loose the liquidity they need to get their buys in.

I was really missing narrated trading by toknormal. 

[Walter_S]

Bump:

this coin is incredible

Markets taking off. 555 DRK shot just gone through. 11.8k on demand, 3.6k on supply.

If anyone wants any DRK, better pick it up now (of the crumbs that are available that is) cos it aint' going any lower ever never. Nor are there likely to be many sellers from now on cos the coin's just had a right shake-out during the last few weeks of dumping. It has a whole different distribution that what it did during the pump & dump phase.

This is new territory folks.

Yeah, that was me. Onto masternode two now   Was waiting for the price to stabilise and .005 seems to be a solid base. I'm an active member too as i'm involved in helping get the new website done so I'm putting my money where my mouth is...  

[illodin]

Dunno why 1 and 2 would be mutually exclusive, "core team" can focus on "core" and if there is enough interest after open sourcing, other people can develop the services?

[BrainShutdown]

RC5 testing has begun! Come help out!

https://darkcointalk.org/threads/rc5-testing.2245/

Bump 

[Minotaur26]

RC5 is on testnet go help out!

****** THIS IS FOR TESTING RC5 ON TESTNET ONLY !! NOT FOR MAINNET !! ********

https://darkcointalk.org/threads/rc5-testing.2245/


****** PLEASE UPDATE TO 9.13.0 OR 10.13.0 *******

 Hello everyone!

 Development has been going great and the last few things must be done on testnet.

 RC5 includes these items so far:

 - Darksend queue improvements : Matching should be much faster and more accurate
 - Progress indication on creating a new wallet, shows up on the splash screen
 - CLI help has been updated to show new commands
 - Masternode payments reverted back to RC3 version (I'll do enforcement later after opensourcing)
 - Collateral turned back on
 - Darksend simple configuration screen on startup
 - Darksend transaction filters
 - When sending to yourself, n/a appeared instead of the address
 - Large wallets wouldn't begin darksending
 - New overview for Darksend info

 Note: Let me know if you get a collateral payment. Please send me the debug.log and wallet.dat if you do to evan@darkcoin.io

 RC5 Binaries ( masternodes )
http://www.darkcoin.io/downloads/rc5/darkcoin-qt
http://www.darkcoin.io/downloads/rc5/darkcoind


 Mpos + Stratum: http://ec2-54-91-161-78.compute-1.amazonaws.com/index.php
 -- connection string: sgminer.exe -o stratum+tcp://54.91.161.78:3333 -u eduffield.1 -p x

 Nomp : http://54.183.73.24/

 How can you help?
 1.) Point some hashing power at once of the pools!
 2.) Run the "masternode-rc5" branch on testnet: https://github.com/darkcoinproject/darkcoin/tree/master-rc5
 3.) Run a masternode
 4.) Anonymize some money (faucet : https://drkipn.com/test/faucet/)


 Thanks everyone,

 The Darkcoin Team

 PS: Can people send money to the faucet? mmfb6hxTdLT3gQGAEDr2g6Qug8ew2MwKoJ


eduffield, 8 minutes ago

[toknormal]

DRK now popping up on Marketcap radar @ 11% daily gain. People are coming to the thread to find out what's going on and discovering that RC5 is out on testnet. Only trouble is there are already nearly 11,000 DRK on demand above 470 and less than 2800 on offer on the whole order book.

The price can sink on low volume with granular DRK but that coin has two sides and it's being flipped as we speak.

With nearly a million coins already tied up in masternodes and the rest rapidly evaporating from the order book, the buyer @ 0.00545 is wiping their brow at having secured a mere 31 DRK shot since they were immediatelly followed by the placement of a 743 DRK order at the same price which has now chased any significant liquidity up to 55.

[stonehedge]

DRK now popping up on Marketcap radar @ 11% daily gain. People are coming to the thread to find out what's going on and discovering that RC5 is out on testnet. Only trouble is there are already nearly 11,000 DRK on demand above 470 and less than 2800 on offer on the whole order book.

The price can sink on low volume with granular DRK but that coin has two sides and it's being flipped as we speak.

With nearly a million coins already tied up in masternodes and the rest rapidly evaporating from the order book, the buyer @ 0.00545 is wiping their brow at having secured a mere 31 DRK shot since they were immediatelly followed by the placement of a 743 DRK order at the same price which has now chased any significant liquidity up to 55.

Please excuse my ignorance but might this be a catalyst to wake the whales up again?

[Walter_S]

DRK now popping up on Marketcap radar @ 11% daily gain. People are coming to the thread to find out what's going on and discovering that RC5 is out on testnet. Only trouble is there are already nearly 11,000 DRK on demand above 470 and less than 2800 on offer on the whole order book.

The price can sink on low volume with granular DRK but that coin has two sides and it's being flipped as we speak.

With nearly a million coins already tied up in masternodes and the rest rapidly evaporating from the order book, the buyer @ 0.00545 is wiping their brow at having secured a mere 31 DRK shot since they were immediatelly followed by the placement of a 743 DRK order at the same price which has now chased any significant liquidity up to 55.

Please excuse my ignorance but might this be a catalyst to wake the whales up again?

Shhh..... I haven't finished buying yet!