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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9636247 times)
xxxgoodgirls
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November 08, 2014, 01:10:30 PM
 #68621

Is there any legal issue in running a Masternode?

bump

In summary, the Intel Management Engine and its applications are a backdoor with total access to and control over the rest of the PC. The ME is a threat to freedom, security, and privacy, and the libreboot project strongly recommends avoiding it entirely. Since recent versions of it can’t be removed, this means avoiding all recent generations of Intel hardware. details https://libreboot.org/faq.html#intelme --- https://tehnoetic.com/laptops --- https://store.vikings.net/x200-ryf-certfied
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splawik21
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November 08, 2014, 01:10:51 PM
 #68622

I have a feeling this guy with the 5-8k periodic buys will continue doing the same...

Hope so, he is screwing anyone who is trying to trade on the swings...
I can`t say i feel bad because of this Wink OK, meaby a bit, because my funds didn`t arrived on my btc account to buy ;( and no more cheepest drk anymore....

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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November 08, 2014, 01:15:42 PM
 #68623

Will instantX accelerates the mixing process?

Will the liquidity update be a sufficient solution?

InstantX will accelerate the mixing process but only if there are other clients available for mixing. If you've already anonymised your coins as much as you would like, why would you leave your wallet unlocked to anonymise more and pay more fees?

Liquidity providers are a short-term fix in my opinion. Although there is a big incentive to run a masternode with 1000 DRK, what incentive is there to provide 1000 DRK or more for mixing? I want to set up some masternodes but have been unable to anonymise enough coins to set one up.

Thanks for your input. I think the incentive for leaving coins for mixing is if you don't have enough for a MN. For instance, I have 800DRKs left and that is not enough for an additional MN, but if leaving the 800 allow me to gain some small amounts of DRKs, then I'll go for it.

Also, you don't need to anonymize your 1k DRKs to set up a MN, just set it up.


I know that I don't need to anonymise to set up a masternode but I prefer to do it before setting one up and leaving them there for a long time. At the moment it probably wouldn't be too difficult for some exhanges (or agencies which have access to their data) to conduct some basic blockchain analysis and establish that the funds used for the masternodes belong to me - which I don't believe is necessary.

The concerning thing is that I can't do it after days of trying. I imagine there must be others interested in anonymising similar amounts before setting up masternodes but I haven't got past one round of anonymisation. The implication is that anyone wanting to anonymise large amounts will be waiting for a long time, and potentially lose interest if they are unsuccessful. I think the success of Darkcoin will have more to do with those mixing large amounts, than those mixing smaller amounts.

But mixing 1000 is like mixing 10 times 100 from a wallet point of view IIRC, so if there are a lot of people always available to mix, who allow say 100 200 or 500, then it should work pretty well.

With the liquidity update I hope it will happen.

Or am I missing something?

Let's say I have 10 000, would you suggest mixing 100 coins 100 times?
ruleland
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November 08, 2014, 01:23:08 PM
 #68624

just a heads up.

the VPS I was running my masternode on has been suspended. Suspension reason: DarkCoin

I had this VPS at Edis.at, so if you want to run a masternode, don't use their VPS service.

It might be a good idea to create a list of VPS providers somewhere where we can up/down vote and make remarks like the above.
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November 08, 2014, 01:23:43 PM
 #68625

LOl nice shot again. Green greeeen....

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
McHammer
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November 08, 2014, 01:26:31 PM
 #68626

LOl nice shot again. Green greeeen....
obviously a bot (on cryptsy)

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
valentino007
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November 08, 2014, 01:28:50 PM
 #68627

Cryptsy inside trading going on,the order book looks strange at some points,you will be fucked when you buy on those peaks,watch out..
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November 08, 2014, 01:31:37 PM
 #68628

Cryptsy inside trading going on,the order book looks strange at some points,you will be fucked when you buy on those peaks,watch out..


So, another day wit a 'y' in it then?  Cheesy
McHammer
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November 08, 2014, 01:34:49 PM
 #68629

Cryptsy inside trading going on,the order book looks strange at some points,you will be fucked when you buy on those peaks,watch out..

botaltert
34 btc @ 700k lol
edit: disappeared ...

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
GilAlexander
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November 08, 2014, 01:35:42 PM
 #68630

just a heads up.

the VPS I was running my masternode on has been suspended. Suspension reason: DarkCoin

I had this VPS at Edis.at, so if you want to run a masternode, don't use their VPS service.

It might be a good idea to create a list of VPS providers somewhere where we can up/down vote and make remarks like the above.
Ask them what paragraph of rules has been violated.
aclass
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November 08, 2014, 01:41:28 PM
 #68631

Most likely not a bot. Who would leave a bot to do such a big volume without intervention.
To me it looks like a coordinated pump by hand with the help of some tech... wondering when the pump will end


Cryptsy inside trading going on,the order book looks strange at some points,you will be fucked when you buy on those peaks,watch out..

botaltert

BTC: 1Bitcoin8dtPLLZcRtS6Kc8o4eXXZhxEaj | ZAN Coin
tungfa
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November 08, 2014, 01:44:14 PM
 #68632

DRK in The Bitcoin Group #55
29 min
34 min ....>
https://www.youtube.com/watch?v=z6r5OwQO3Gc&feature=youtu.be

 Grin
ruleland
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November 08, 2014, 01:50:39 PM
 #68633

Ask them what paragraph of rules has been violated.
Sent them an e-mail, but already cancelled the subscription and hosting my vps somewhere else
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November 08, 2014, 01:51:12 PM
 #68634

https://www.cryptocoinsnews.com/russian-rubles-depreciation-trigger-bitcoin-run/

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
raganius
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November 08, 2014, 01:58:47 PM
 #68635

Is there any legal issue in running a Masternode?

bump

Well, my fast answer would be: no (if you live in a democratic country, at least), because no one can be forced to do, or to refrain to do, something, unless there's specific, previous and strict law.

But mind that, regarding law issues, the answers will always depend on what country, state, jurisdiction you are.

All I can say is that the Masternodes are working to provide fungibility to the darkcoins, and fungibility is necessary to any form of currency. The Masternode operators have no idea of what coins have been through their services, and who the coins owners are. And also, the Masternode operators are NOT mixing their own darkcoins in the process (remember that the 1,000DRK required to run the masternode remain static in an offline wallet).
AlexGR
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November 08, 2014, 02:03:18 PM
 #68636

Most likely not a bot. Who would leave a bot to do such a big volume without intervention.
To me it looks like a coordinated pump by hand with the help of some tech... wondering when the pump will end

I think it's just new investors who learned about Darkcoin through the recent press. The buying is rational, not pump-like... chunks, breathing space for correction, chunks, breathing space for correction etc... unlike April-May pump when the order book was swallowed like no tomorrow.


aclass
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November 08, 2014, 02:07:50 PM
 #68637

Most likely it's not. The pump groups that know what they are doing are monitoring for such coverage and news. They start pumping just when the news break out so everyone thinks it's because of the news and joins in panic buying. Whoever has knowledge of cryptos and wants to invest is already aware of DRK and has or has not taken a position.

Of course I hope I am wrong as I also have some coins and hope the price to go up and never come back.

Most likely not a bot. Who would leave a bot to do such a big volume without intervention.
To me it looks like a coordinated pump by hand with the help of some tech... wondering when the pump will end

I think it's just new investors who learned about Darkcoin through the recent press. The buying is rational, not pump-like... chunks, breathing space for correction, chunks, breathing space for correction etc... unlike April-May pump when the order book was swallowed like no tomorrow.




BTC: 1Bitcoin8dtPLLZcRtS6Kc8o4eXXZhxEaj | ZAN Coin
eduffield
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November 08, 2014, 02:09:39 PM
 #68638

Will instantX accelerates the mixing process?

Will the liquidity update be a sufficient solution?

InstantX will accelerate the mixing process but only if there are other clients available for mixing. If you've already anonymised your coins as much as you would like, why would you leave your wallet unlocked to anonymise more and pay more fees?

Liquidity providers are a short-term fix in my opinion. Although there is a big incentive to run a masternode with 1000 DRK, what incentive is there to provide 1000 DRK or more for mixing? I want to set up some masternodes but have been unable to anonymise enough coins to set one up.

InstantX will NOT accelerate the mixing process. I figured out a way to use the entire masternode network in a completely 100% decentralized way, but the trade off is it will require inputs that have at least 5 confirmations. However, this means that when sending a transaction, the 10 voting notes are going to be unique, so the system will be very difficult to DDOS (you'll theoretically have to DOS all masternodes to succeed). However, this means you can't send multiple transactions one after another based on InstantX, they have to be a few minutes apart. The really nice thing is this will scale now, to HUGE levels with no effect on the network.  

Darksend just needs more users, we can bootstrap it with the liquidity providers and it'll take a few hours for people to complete their mixing. Eventually when we have enough users, we can disable the liquidity providers and Darksend will get to the point where it just takes a few minutes. It just needs 2.5 minutes per round, so 4 rounds (which is rather good privacy) could theoretically take just 10 minutes.

I'm going to record a demonstration today of InstantX and put it on YouTube, this technology is really amazing. I can't wait to hear what people think of it.

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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November 08, 2014, 02:12:35 PM
 #68639

Will instantX accelerates the mixing process?

Will the liquidity update be a sufficient solution?

InstantX will accelerate the mixing process but only if there are other clients available for mixing. If you've already anonymised your coins as much as you would like, why would you leave your wallet unlocked to anonymise more and pay more fees?

Liquidity providers are a short-term fix in my opinion. Although there is a big incentive to run a masternode with 1000 DRK, what incentive is there to provide 1000 DRK or more for mixing? I want to set up some masternodes but have been unable to anonymise enough coins to set one up.

Thanks for your input. I think the incentive for leaving coins for mixing is if you don't have enough for a MN. For instance, I have 800DRKs left and that is not enough for an additional MN, but if leaving the 800 allow me to gain some small amounts of DRKs, then I'll go for it.

Also, you don't need to anonymize your 1k DRKs to set up a MN, just set it up.


I know that I don't need to anonymise to set up a masternode but I prefer to do it before setting one up and leaving them there for a long time. At the moment it probably wouldn't be too difficult for some exhanges (or agencies which have access to their data) to conduct some basic blockchain analysis and establish that the funds used for the masternodes belong to me - which I don't believe is necessary.

The concerning thing is that I can't do it after days of trying. I imagine there must be others interested in anonymising similar amounts before setting up masternodes but I haven't got past one round of anonymisation. The implication is that anyone wanting to anonymise large amounts will be waiting for a long time, and potentially lose interest if they are unsuccessful. I think the success of Darkcoin will have more to do with those mixing large amounts, than those mixing smaller amounts.

But mixing 1000 is like mixing 10 times 100 from a wallet point of view IIRC, so if there are a lot of people always available to mix, who allow say 100 200 or 500, then it should work pretty well.

With the liquidity update I hope it will happen.

Or am I missing something?

Let's say I have 10 000, would you suggest mixing 100 coins 100 times?

with funds like 10.000 personally i would go for amounts like 1000 or 1100 per time to mix as a lot of large buyings are starting to roll in right now that in the end will most likely need mixing.
It will split into a 500 and some 100's that are more easy mixed, you just have to see how fast or how slow that gets mixed, once mixed then double the amount to get mixed to further anonymize
the 10.000


 

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November 08, 2014, 02:13:02 PM
 #68640

Will instantX accelerates the mixing process?

Will the liquidity update be a sufficient solution?

InstantX will accelerate the mixing process but only if there are other clients available for mixing. If you've already anonymised your coins as much as you would like, why would you leave your wallet unlocked to anonymise more and pay more fees?

Liquidity providers are a short-term fix in my opinion. Although there is a big incentive to run a masternode with 1000 DRK, what incentive is there to provide 1000 DRK or more for mixing? I want to set up some masternodes but have been unable to anonymise enough coins to set one up.

InstantX will NOT accelerate the mixing process. I figured out a way to use the entire masternode network in a completely 100% decentralized way, but the trade off is it will require inputs that have at least 5 confirmations. However, this means that when sending a transaction, the 10 voting notes are going to be unique, so the system will be very difficult to DDOS (you'll theoretically have to DOS all masternodes to succeed). However, this means you can't send multiple transactions one after another based on InstantX, they have to be a few minutes apart. The really nice thing is this will scale now, to HUGE levels with no effect on the network.  

Darksend just needs more users, we can bootstrap it with the liquidity providers and it'll take a few hours for people to complete their mixing. Eventually when we have enough users, we can disable the liquidity providers and Darksend will get to the point where it just takes a few minutes. It just needs 2.5 minutes per round, so 4 rounds (which is rather good privacy) could theoretically take just 10 minutes.

I'm going to record a demonstration today of InstantX and put it on YouTube, this technology is really amazing. I can't wait to hear what people think of it.


great, can't wait ! Smiley
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