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

[toknormal]

3-Day Darkcoin chart looks interesting. Have we broken the trend ?

[toknormal]

One of the things that's significant about this development is that the fast transaction property is not nearly as reproducible as it is with other coins. That's because it is a function of the unique 2-tier infrastructure that Darkcoin has.

So you've now got 2 uniquely competitive features rolled into 1 coin - state of the art anonymity and ultra faster-than-Visa confirmation times.

Today I carried out 2 Visa transactions: 1 in a sports shop and 1 in a supermarket. Looking at Evan's video, I could have done about 4 Darksends in the time it took for my Visa POS to go through. This is something that I've been talking about for about a year on various forums - the fact that crypto is not suitable for POS applications because of its slow confirmation time. I thought that even "fast" cryptos like Jackpot Coin and World Coin were too slow because they were around 30 seconds.

InstantX on the other hand is a whole new ballgame. It has broken the Visa reference standard. Evan is right - we don't even know right now what applications this opens the door to, but it certainly starts a new chapter in the history of crypto as a whole.

[DiCE1904]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

[dihydrogenmonoxide]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

This feature is still in development and not available in 0.10.15.x series

[DiCE1904]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

This feature is still in development and not available in 0.10.15.x series

The best best way of right now is to just do the process again just on another computer?

[whocares]

3-Day Darkcoin chart looks interesting. Have we broken the trend ?

I think it's already broken from the upside with huge volume on 6th November.

[Minotaur26]

But would take longer, cost more? Or what's the catch?
Why would someone want to go for something higher than 100% confirmed?

Combine with multisig and you have the basis for multiparty temporal contracts. Tx locking on the long scale could be just as revolutionary (or at least useful) as on the short scale. Once locked, you have a guarantee that nobody (or no group) can spend the inputs for x blocks.

I think.  

Woah, Nice!

Maybe it doesn't work the way I imagine, but I hope it does, because if it does then Darkcoin just got trustless smart contracts. Anonymous trustless smart contracts.

Maybe Toknormal or coins101 could chime in about the utility of such arcane financial voodoo?  Maybe I'm just howling mad, who knows?

Think about really long term stuff like locking a college fund for 18 years. Just an idea.

[dihydrogenmonoxide]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

This feature is still in development and not available in 0.10.15.x series

The best best way of right now is to just do the process again just on another computer?

You can use the same computer - either create another user or use "-datadir" property to create a second wallet.

[thelonecrouton]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

https://darkcointalk.org/threads/ec2-multiple-remote-nothing-mn-max-5.1660/ ?

It's not that complex., but if you don't know your way around networking it's easier to just use separate wallets and separate servers.

[k0vic]

It's nice to see the volume on Crapsy strong two days in a row. If we see around 30k more coins traded in the next 2 hours, we'll have two days of over volume over 90k.

Btw, Great job Evan!

[coins101]

DRKCounterParty

[k0vic]

Lets not forget our subredit, the subscriber number is growing! It's up a hundred users or so over the past couple of days.

[DiCE1904]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

https://darkcointalk.org/threads/ec2-multiple-remote-nothing-mn-max-5.1660/ ?

It's not that complex., but if you don't know your way around networking it's easier to just use separate wallets and separate servers.

Great, thanks

[maxpowerzz92]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

This feature is still in development and not available in 0.10.15.x series

The best best way of right now is to just do the process again just on another computer?

You can use the same computer - either create another user or use "-datadir" property to create a second wallet.

I also prefer using the -datadir option since you only need to update the darkcoin-qt.exe file only once if you have multiple wallets.  If you're using windows, I'd create the following 3 shortcuts for running 2 masternode wallets, and 1 normal wallet on the same computer.

C:\darkcoin\darkcoin-qt.exe -datadir="c:\masternode1"

C:\darkcoin\darkcoin-qt.exe -datadir="c:\masternode2"

C:\darkcoin\darkcoin-qt.exe -datadir="c:\primary"

In addition, what I also like to do is copy the masternode private key and import into my primary wallet.  This allows me to transfer funds quickly from my masternode address to my primary address.  Although you have to name the address as '0' on your masternode wallet, I just rename the same address to "Masternode 1" or whatever you like.  Don't forget to password protect & backup your wallets!

In theory, you would never need to reopen the masternode wallets unless you need to restart your masternodes after doing this.

 

[Drobek]

On a side note, can someone link the guide on how to set up a second MN on the same wallet, thanks

Anyone?

This feature is still in development and not available in 0.10.15.x series

The best best way of right now is to just do the process again just on another computer?

You can use the same computer - either create another user or use "-datadir" property to create a second wallet.

I am using a few virtual machines to do that - like to have everything on a single PC.

[roede94105]

One of the things that's significant about this development is that the fast transaction property is not nearly as reproducible as it is with other coins. That's because it is a function of the unique 2-tier infrastructure that Darkcoin has.

So you've now got 2 uniquely competitive features rolled into 1 coin - state of the art anonymity and ultra faster-than-Visa confirmation times.

Today I carried out 2 Visa transactions: 1 in a sports shop and 1 in a supermarket. Looking at Evan's video, I could have done about 4 Darksends in the time it took for my Visa POS to go through. This is something that I've been talking about for about a year on various forums - the fact that crypto is not suitable for POS applications because of its slow confirmation time. I thought that even "fast" cryptos like Jackpot Coin and World Coin were too slow because they were around 30 seconds.

InstantX on the other hand is a whole new ballgame. It has broken the Visa reference standard. Evan is right - we don't even know right now what applications this opens the door to, but it certainly starts a new chapter in the history of crypto as a whole.

Sorry to let you down Tokobro, but Evan did say it would be 20-30 seconds on main net. It's faster in the demo because it's on the test net environment.

That's why I said that InstantX will be amazing, yet so close to being perfect for poker, live merchant payments, etc.

It's still pretty fucking amazing, hats off to Evan and everyone involved. Can't wait to automatically throw % of my MN earnings towards them!

[janos666]

One of the things that's significant about this development is that the fast transaction property is not nearly as reproducible as it is with other coins. That's because it is a function of the unique 2-tier infrastructure that Darkcoin has.

So you've now got 2 uniquely competitive features rolled into 1 coin - state of the art anonymity and ultra faster-than-Visa confirmation times.

Today I carried out 2 Visa transactions: 1 in a sports shop and 1 in a supermarket. Looking at Evan's video, I could have done about 4 Darksends in the time it took for my Visa POS to go through. This is something that I've been talking about for about a year on various forums - the fact that crypto is not suitable for POS applications because of its slow confirmation time. I thought that even "fast" cryptos like Jackpot Coin and World Coin were too slow because they were around 30 seconds.

InstantX on the other hand is a whole new ballgame. It has broken the Visa reference standard. Evan is right - we don't even know right now what applications this opens the door to, but it certainly starts a new chapter in the history of crypto as a whole.

Sorry to let you down Tokobro, but Evan did say it would be 20-30 seconds on main net. It's faster in the demo because it's on the test net environment.

That's why I said that InstantX will be amazing, yet so close to being perfect for poker, live merchant payments, etc.

It's still pretty fucking amazing, hats off to Evan and everyone involved. Can't wait to automatically throw % of my MN earnings towards them!

I guess it was as fast as it ever gets because it all happened on a local area network with ~0 network latency + almost infinite bandwith and a very limited number of masternodes.
I guess it's "somewhat" slower when you play on the world wide global network with ~250ms latencies (+ possibly limited bandwidth) and much more masternodes.
But I think we won't know the actual number until it's put into real time use. Anything is just an estimate based on the current utilized/assumed_to_be_free bandwidth and current average latency on the current main network.

With all those Amazon servers rented around the world I don't expect a big latency with the current network utilization.

[oblox]

Has anyone tried the -wallet=filename.dat argument to see if you can use one data folder with the blockchain. That way you can still use -conf=filename.conf for each masternode and name your masternode wallets. Then it's just a matter of a shortcut to represent each masternode.

[coins101]

InstantX means we can all bet on live events, against each other.

This really is a DRKPool.

Still, DRKCounterParty is where it will be at. Anonymous stock exchange, anonymous gaming, anonymous decentralised exchanges, anonymous openly brazen bazaars

[Propulsion]

Has anyone tried the -wallet=filename.dat argument to see if you can use one data folder with the blockchain. That way you can still use -conf=filename.conf for each masternode and name your masternode wallets. Then it's just a matter of a shortcut to represent each masternode.

Yeah you totally can. Just point it to the config file and wallet.dat while using the same data directory.