coins101
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Activity: 1456
Merit: 1000
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September 16, 2014, 09:14:53 AM |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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stonehedge
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Activity: 1652
Merit: 1002
Decentralize Everything
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September 16, 2014, 09:29:42 AM |
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This doesn't hang together for me. Why have a paid PR campaign but then publish the full details on a web forum days/weeks before the fact? Also, is it it just me, or does that post just read like a load of bollocks? I don't want to sound like a troll here but what exactly are they saying they have achieved? |
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coins101
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Activity: 1456
Merit: 1000
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September 16, 2014, 09:38:58 AM |
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This doesn't hang together for me. Why have a paid PR campaign but then publish the full details on a web forum days/weeks before the fact? Also, is it it just me, or does that post just read like a load of bollocks? I don't want to sound like a troll here but what exactly are they saying they have achieved? Darkcoin is semi-centralised supernode CoinJoin?  QED |
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vertoe
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September 16, 2014, 09:46:58 AM |
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masternodes are as decentralized as mining. everyone with the equipment can do it.
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stonehedge
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Activity: 1652
Merit: 1002
Decentralize Everything
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September 16, 2014, 09:48:33 AM |
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Just go and look on Mintpal. Their volume is rock bottom, their price has been unaffected by this sneak preview of the conjoin killer they are going to publicly announce in a few weeks. Doesn't look too promising to me.
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vertoe
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September 16, 2014, 09:59:02 AM |
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Now, stay on topic please.
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stonehedge
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Activity: 1652
Merit: 1002
Decentralize Everything
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September 16, 2014, 10:02:58 AM |
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Now, stay on topic please.
Sorry, I was drawn in by their direct reference to Darkcoin. How close do people think that RC5 is? Didn't Evan say he was going to give Pools a headstart to update before releasing to the masses? We must be getting pretty close... |
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Kai Proctor
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September 16, 2014, 10:16:18 AM |
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It means that they are waiting for someone to take their bait and promote them (e.g. put a direct link to their thread)  |
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fernando
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September 16, 2014, 10:17:39 AM |
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- So regarding Darksend+ - Everyone with Darksend enabled, every 10 blocks their coins are automatically "tumbled" with eachothers (as diagram shows) and when you send via Darksend, it waits for the "tumble-interval" and the receiver receives the DRK via the end masternode in multiple amounts? Please tell me I'm correct because that's pretty awesome.
But what (if anything) is stopping this scenario: UserA sends userB a pretty specific amount of 528 DRK. Mass blockchain analysis - UserA's wallet decreased 528 and userB's wallet increased 528 within a 20 minute period. How couldn't those be linked, or why would it be harder than I seem to think (for someone with the tools/knowledge)? You see a specific amount leave a wallet, and how many users wallets are going to increase that exact amount within 20mins? I'm not trying to be critical or anything btw I'm just trying to better understand.
It doesn't work like that. Read Kristov's paper for full understanding and see how attacks would work: http://blog.anonymousbitcoinbook.com/2014/09/paper-an-analysis-of-darkcoins-blockchain-privacy-via-darksend/ |
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TingCoin
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September 16, 2014, 11:03:41 AM |
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- So regarding Darksend+ - Everyone with Darksend enabled, every 10 blocks their coins are automatically "tumbled" with eachothers (as diagram shows) and when you send via Darksend, it waits for the "tumble-interval" and the receiver receives the DRK via the end masternode in multiple amounts? Please tell me I'm correct because that's pretty awesome.
But what (if anything) is stopping this scenario: UserA sends userB a pretty specific amount of 528 DRK. Mass blockchain analysis - UserA's wallet decreased 528 and userB's wallet increased 528 within a 20 minute period. How couldn't those be linked, or why would it be harder than I seem to think (for someone with the tools/knowledge)? You see a specific amount leave a wallet, and how many users wallets are going to increase that exact amount within 20mins? I'm not trying to be critical or anything btw I'm just trying to better understand.
It doesn't work like that. Read Kristov's paper for full understanding and see how attacks would work: http://blog.anonymousbitcoinbook.com/2014/09/paper-an-analysis-of-darkcoins-blockchain-privacy-via-darksend/Awesome, thanks for that  |
Any posts from me that were posted in Russian were NOT from me. A cykablyat obtained my forum login details when they were leaked, I was inactive from the forum at that time.
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Anonz
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September 16, 2014, 11:03:58 AM |
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Anons! It's time to go dark.
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splawik21
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Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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September 16, 2014, 11:16:52 AM |
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Now, stay on topic please.
+1 +101 w8ing Evan paper of instant tx....uhhh these butterflies in my stomach |
BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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TaoOfSaatoshi
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Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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September 16, 2014, 11:26:07 AM |
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Just saw this in my local news page in Canada:  Ideas for a potential DRK advertising campaign? Tao |
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tungfa
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Activity: 1834
Merit: 1023
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September 16, 2014, 11:38:18 AM |
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- So regarding Darksend+ - Everyone with Darksend enabled, every 10 blocks their coins are automatically "tumbled" with eachothers (as diagram shows) and when you send via Darksend, it waits for the "tumble-interval" and the receiver receives the DRK via the end masternode in multiple amounts? Please tell me I'm correct because that's pretty awesome.
But what (if anything) is stopping this scenario: UserA sends userB a pretty specific amount of 528 DRK. Mass blockchain analysis - UserA's wallet decreased 528 and userB's wallet increased 528 within a 20 minute period. How couldn't those be linked, or why would it be harder than I seem to think (for someone with the tools/knowledge)? You see a specific amount leave a wallet, and how many users wallets are going to increase that exact amount within 20mins? I'm not trying to be critical or anything btw I'm just trying to better understand.
It doesn't work like that. Read Kristov's paper for full understanding and see how attacks would work: http://blog.anonymousbitcoinbook.com/2014/09/paper-an-analysis-of-darkcoins-blockchain-privacy-via-darksend/He seems to be still working on the review, maybe the final paper ??  |
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JypsiCreme
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September 16, 2014, 11:49:32 AM |
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Just saw this in my local news page in Canada: Ideas for a potential DRK advertising campaign? Tao Need to get in touch with Jorge Lemann and pitch him the idea of accepting DRK in his fast food chains. He's known for his liberal stance on world financial system |
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thelonecrouton
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Activity: 966
Merit: 1000
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September 16, 2014, 12:32:55 PM |
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Need to get in touch with Jorge Lemann and pitch him the idea of accepting DRK in his fast food chains. He's known for his liberal stance on world financial system Hmm, I wouldn't personally waste DRK on junkfood. |
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annoyingorange
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Activity: 72
Merit: 10
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September 16, 2014, 12:38:37 PM |
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Hi guys
I've made my first Darkcoin investment only about 2btc for now. I'm trying to learn more about the Darkcoin technology and it's all really confusing to me. It will probably take me a while to get even a slight grasp on this. My question is, am I able to earn interest with my coins? Thanks
Good for you kazz05 and thanks for your post. I see you've already been answered by: so you probably have about 326 Darkcoins, right? to earn interest you'd need to run a masternode. masternodes are complicated to set up, and each masternode requires 1,000 Darkcoins. when you run a masternode you randomly get payments, on average about 0.66 Darkcoins per day. if you can't afford to buy 1,000 Darkcoins, it's possible to join a group of investors who split the payments according to their shares.
and plus you've had the standard "warm welcome" from our gun toting Florida swamp dwelling "I hate everything that's not me" "shoot first ask questions later (and if you're a female don't even bother with the questions 'cause you're just a piece of shit)" nasty bro. He's quite knowledgeable about crypto in general, just not someone you want to take too seriously. Here is the info if you are interested If you buy 1,000 darkcoins you can set up a masternode and have a continuous income like most people in this thread Masternodes are cornerstone of what darkcoin does best - anonymous transactions How profitable is it to run a masternode? What's the lowest requirements for the hardware? |
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innergy
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September 16, 2014, 12:54:55 PM |
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How profitable is it to run a masternode? What's the lowest requirements for the hardware?
20% of daily coin supply divided buy MN number 0.20*2880/900= 0.64DRK daily on average.. |
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thelonecrouton
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Activity: 966
Merit: 1000
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September 16, 2014, 12:55:47 PM |
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How profitable is it to run a masternode? What's the lowest requirements for the hardware?
1000DRK needed, earnings are: ((576 blocks/day divided by number of masternodes) * 20% of block reward) so appx 0.6DRK/day currently ~ 22% annual return. Minus about 5 bucks/quid/euros a month for hosting, which should get you 1GB RAM, 1 CPU, enough HDD space and bandwidth. Bandwidth is important, shop for lots of it. |
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