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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722710 times)
oblox
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October 22, 2014, 09:23:20 AM
 #66061

Is the update there yet where you can 'start-many' for multiple MN's?

if so, can someone break down what exactly it is that you need to do?

You still have to have a wallet with multiples of 1000DRK on different addresses as far as i know... is this correct?



There is a branch but it needs some fixes for things. There is no documentation yet at this time. Yes, you need multiple addresses inside the wallet holding 1000 drk each.
kiindje
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October 22, 2014, 10:14:19 AM
 #66062

Is the update there yet where you can 'start-many' for multiple MN's?

if so, can someone break down what exactly it is that you need to do?

You still have to have a wallet with multiples of 1000DRK on different addresses as far as i know... is this correct?



There is a branch but it needs some fixes for things. There is no documentation yet at this time. Yes, you need multiple addresses inside the wallet holding 1000 drk each.

ok, i'll just wait till everything is fixed then Smiley

i'll keep starting up separate wallets to do 'start masternode' because the green light has disappeared again
eahmadov
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October 22, 2014, 10:16:28 AM
Last edit: October 22, 2014, 10:31:49 AM by eahmadov
 #66063

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

Time to fucking wake up folks. Pools will go ahead and mine the next coin that is profitable. What is masternode operators going to do? Sell their investment for 0.001?




naplam
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October 22, 2014, 10:19:28 AM
 #66064

Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

thelonecrouton
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October 22, 2014, 10:21:09 AM
 #66065



Well hopefully Silk Road will add a DRK payment option so those users don't have to jump through hoops and pay exchange fees just to be able to purchase anonymously.  Wink

The whole notion of the marketplace processing payments is idiotic. The marketplace should just put buyers and sellers in touch with each other, they can sort out the rest themselves. It's not a bank and if you treat it as one you're going to eventually get screwed, just like fools who treat exchanges as banks. Scewing you over is what banks do.

Lazy fucking potheads who want everything done for them...  Grin
eahmadov
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October 22, 2014, 10:22:31 AM
 #66066

Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

Price increase doesn't only depend on the amount of coins being help in cold wallets. The trade volume and adoption also affects the price positively.
naplam
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October 22, 2014, 10:25:00 AM
 #66067

Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

Price increase doesn't only depend on the amount of coins being help in cold wallets. The trade volume and adoption also affects the price positively.
No, it does only to the extent speculators believe it's positive. volume and liquidity = good, anyway

thelonecrouton
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October 22, 2014, 10:29:07 AM
 #66068

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.
eahmadov
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October 22, 2014, 10:29:38 AM
 #66069

Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

Price increase doesn't only depend on the amount of coins being help in cold wallets. The trade volume and adoption also affects the price positively.
No, it does only to the extent speculators believe it's positive. volume and liquidity = good, anyway

Dude, I have no clue what you are talking about. You are contradicting what you said above. whatever.
Ignition75
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October 22, 2014, 10:30:59 AM
 #66070

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Did you see the size of those two markets?

My personal eBay account sells more units...

The new generation have arrived and they brought their own currency...
eahmadov
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October 22, 2014, 10:36:18 AM
 #66071

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Did you see the size of those two markets?

My personal eBay account sells more units...

It is not about the size. It is about the trust in the coin. If you remember, in the past, there were numerous news about some companies accepting bitcoin and price radically went up. Many of us at that time knew that most of those companies' BTC volume was insignificant and very small, yet markets loved the idea because it showed that there is a growing trust in coin.
eahmadov
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October 22, 2014, 10:40:09 AM
Last edit: October 22, 2014, 10:51:09 AM by eahmadov
 #66072

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.

Go ahead and re-post in in DCT if you want Smiley I don't have an account there yet. But if you do, make sure you post the chart as well. Looks like we have been in a deep sleep and don't realize what is going on.

Edit: We have put ourselves in a ridiculous situation and this is only gonna get worst. In order to switch enforcement we put a goal of 90% compliance BUT because of the lack of enforcement we have now rogue pools (like this one: XhBLSR1HhoaWrdGgrjCHxJkCWWiFFhveHs) who has more than 10.40% of the mining share. This is like a paradox.
KryptoFoo
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October 22, 2014, 10:49:23 AM
 #66073

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.

Agreed. I wonder if Evan would be open to even considering moving to a Masternode/Proof of Stake system. Making DRK a PoS coin where staking is done via operating a masternode. We could drop the Masternode cost to allow more democratic distribution. Of course pooled masternode services would lead to centralization analogous to the mining pool problem. But if we could make it easy enough for the average user to operate a masternode, there would be no need for pools. Why couldn't operating a masternode be done via the qt client? Keep 500 DRK in local wallet. Unlock wallet for staking only (a.k.a. masternode start). Most folks could run this on their personal PC. If you want to run more than one masternode or need a beefier system, rent a server. 

I know many people are opposed to proof of stake coins. One of my own personal complaints against them is that most coin distribution was done via a very short mining period to a few large miners. In the case of darkcoin, distribution is already completed via months of purely democratic market based means.

I just finished listening to Dan Larimer on LTB # 155 and he reinforced my sentiment that PoS offers advantages over PoW, especially in terms of centralization.

Gonna start my first thread on darkcointalk see if there is overwhelming backlash against this idea.

thelonecrouton
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October 22, 2014, 10:51:20 AM
 #66074

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.

Go ahead and re-post in in DCT if you want Smiley I don't have an account there yet. But if you do, make sure you post the chart as well. Looks like we have been in a deep sleep and don't realize what is going on.

Edit: We have put ourselves in a ridiculous situation and this is only gonna get worst. In order to switch enforcement we put a goal of 90% compliance BUT because of the lack of enforcement we have now rogue pools (like this one: XhBLSR1HhoaWrdGgrjCHxJkCWWiFFhveHs) who has more than 10.40% of the mining share. This is like a paradox.

Thanks, crossposted.

Centralised pools are a complete perversion of Satoshi's intent. The sooner they are eradicated the better. And if Darkcoin comes up with a viable means of doing so (we could have have one - decentralised mining via Masternodes) we'll be a hell of a lot better off in all ways.
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October 22, 2014, 10:55:09 AM
 #66075

Masternode Proof of Stake:

https://darkcointalk.org/threads/masternode-proof-of-stake.2720/

Let's discuss like civilized persons please.
McHammer
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October 22, 2014, 11:57:20 AM
 #66076

ages ago ive read about any kind of media campain ...
so ?!

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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October 22, 2014, 12:38:21 PM
 #66077

Can someone tell me at what price Mining DRK is still interesting ( based on average Mining speed )
MN rewards are going up so mining gets less interesting
Should DRK be at a Minimum Price for mining ?

Thanks
thelonecrouton
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October 22, 2014, 12:41:40 PM
 #66078

Can someone tell me at what price Mining DRK is still interesting ( based on average Mining speed )
MN rewards are going up so mining gets less interesting
Should DRK be at a Minimum Price for mining ?

Thanks

DRK has rarely been profitable to mine if your intention was to immediately sell it for BTC/fiat. Nothing is currently
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October 22, 2014, 01:52:05 PM
Last edit: October 22, 2014, 02:02:54 PM by Terzo2
 #66079

Darkcoin holders are literally raped by the market . Every Darkcoin investor is frustrated with the price . We are starting to lose hope.
oblox
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October 22, 2014, 01:58:14 PM
 #66080

Darkcoin holders are literally raped by the market . Every Darkcoin investor frustrated with the price . We are starting to lose hope.

Speak for yourself.
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