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tungfa
Legendary
 Offline
Activity: 1834
Merit: 1023
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November 26, 2014, 01:58:30 AM |
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done ! 2nd gaming page ! this is BIG !  As we are now accepted by 2 Gaming Pages in 1 or 2 weeks I think we should launch a little DRK Gaming PR (fernando, great idea) I remember there was a post from Camousol (sorry for the spelling) about this some time ago ! Ether somebody has an idea how to find that post, or Cam, can you please repost your thoughts on DRK and Gaming !!?! Tx Brother ....>   Tx man |
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Minotaur26
Legendary
Offline
Activity: 1092
Merit: 1000
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November 26, 2014, 02:13:36 AM |
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This is very elegant, I like it. Darkcoin is becoming a very sophisticated financial product on the inside, but very easy to use on the outside. Very cool. |
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UdjinM6
Legendary
Offline
Activity: 1318
Merit: 1040
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November 26, 2014, 02:17:31 AM |
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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MyFarm
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November 26, 2014, 02:23:56 AM |
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What is more exciting to me is you're now entering the realm of contracts. While I'm thinking about it, with everyone talking about securing the blockchain, Evan, did you ever look at Fractalcoin with its, "Slingshield". It's a (dead) x11 coin where the developer claimed that Slingshield made 51% attacks into 71% attacks. Digishield is used for difficulty adjustment when mining resembles a typical proof-of-work coin. However, when percentage fees kick in and the static rewards drop, a modified version of digishield will be used, thus named slingshield.
For blocks with no transactions, slingshield is exactly the same as digishield. Low rewards and percentage based fees could put loyal miners at a disadvantage, since multipools could swoop in when a high fee transaction is broadcast, and quickly mine the block, taking all of the fees from loyal miners without contributing significantly to network security or overall hashrate.
Slingshield fixes this problem while helping to enable a multipool's variable contribution to make the network signficantly more secure.
When a transaction is broadcast, and the amount of fees would increase the static block reward by 2%, the difficulty of the block being mined is increased by 1%. When the fee would increase block reward by 3%, difficulty is raised by 2%, etc. This ensures that high reward blocks (when multipools would typically hop on, but soon after leave) have a difficulty reflective of the expected hashrate.
Along with ensuring mining remains fair and block times remain constant, slingshield also increases difficulty in conducting a double spend(or other attack) by leveraging the variable amount of power contributed by multipools. This effectively ensures that to double spend a large amount of coins, you would need not 51% of the hashing power of the network, but rather up to 71% of the network. No idea if such tech would be beneficial to Darkcoin but I thought I'd share just in case. |
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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November 26, 2014, 02:31:46 AM |
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camosoul's posted a comment on there. Wasn't he listed as missing from the thread ? Maybe it's not the same one. |
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raico
Member
Offline
Activity: 115
Merit: 10
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November 26, 2014, 02:41:05 AM |
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Nice job~ bro, let's spread the words.~ |
Dash
All good for Bitcoin is good for Crypto-Currency, at the present~
All good for Crypto-Currency is good for Dash, in the end~
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oblox
Legendary
Offline
Activity: 1442
Merit: 1018
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November 26, 2014, 02:42:32 AM |
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What is more exciting to me is you're now entering the realm of contracts. While I'm thinking about it, with everyone talking about securing the blockchain, Evan, did you ever look at Fractalcoin with its, "Slingshield". It's a (dead) x11 coin where the developer claimed that Slingshield made 51% attacks into 71% attacks. Digishield is used for difficulty adjustment when mining resembles a typical proof-of-work coin. However, when percentage fees kick in and the static rewards drop, a modified version of digishield will be used, thus named slingshield.
For blocks with no transactions, slingshield is exactly the same as digishield. Low rewards and percentage based fees could put loyal miners at a disadvantage, since multipools could swoop in when a high fee transaction is broadcast, and quickly mine the block, taking all of the fees from loyal miners without contributing significantly to network security or overall hashrate.
Slingshield fixes this problem while helping to enable a multipool's variable contribution to make the network signficantly more secure.
When a transaction is broadcast, and the amount of fees would increase the static block reward by 2%, the difficulty of the block being mined is increased by 1%. When the fee would increase block reward by 3%, difficulty is raised by 2%, etc. This ensures that high reward blocks (when multipools would typically hop on, but soon after leave) have a difficulty reflective of the expected hashrate.
Along with ensuring mining remains fair and block times remain constant, slingshield also increases difficulty in conducting a double spend(or other attack) by leveraging the variable amount of power contributed by multipools. This effectively ensures that to double spend a large amount of coins, you would need not 51% of the hashing power of the network, but rather up to 71% of the network. No idea if such tech would be beneficial to Darkcoin but I thought I'd share just in case. We already have a block reward tied to difficulty. Besides, I don't think we should be changing the rewards anymore. |
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MyFarm
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November 26, 2014, 02:49:18 AM |
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What is more exciting to me is you're now entering the realm of contracts. While I'm thinking about it, with everyone talking about securing the blockchain, Evan, did you ever look at Fractalcoin with its, "Slingshield". It's a (dead) x11 coin where the developer claimed that Slingshield made 51% attacks into 71% attacks. Digishield is used for difficulty adjustment when mining resembles a typical proof-of-work coin. However, when percentage fees kick in and the static rewards drop, a modified version of digishield will be used, thus named slingshield.
For blocks with no transactions, slingshield is exactly the same as digishield. Low rewards and percentage based fees could put loyal miners at a disadvantage, since multipools could swoop in when a high fee transaction is broadcast, and quickly mine the block, taking all of the fees from loyal miners without contributing significantly to network security or overall hashrate.
Slingshield fixes this problem while helping to enable a multipool's variable contribution to make the network signficantly more secure.
When a transaction is broadcast, and the amount of fees would increase the static block reward by 2%, the difficulty of the block being mined is increased by 1%. When the fee would increase block reward by 3%, difficulty is raised by 2%, etc. This ensures that high reward blocks (when multipools would typically hop on, but soon after leave) have a difficulty reflective of the expected hashrate.
Along with ensuring mining remains fair and block times remain constant, slingshield also increases difficulty in conducting a double spend(or other attack) by leveraging the variable amount of power contributed by multipools. This effectively ensures that to double spend a large amount of coins, you would need not 51% of the hashing power of the network, but rather up to 71% of the network. No idea if such tech would be beneficial to Darkcoin but I thought I'd share just in case. We already have a block reward tied to difficulty. Besides, I don't think we should be changing the rewards anymore. Read the description again. Block reward doesn't change. |
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thelonecrouton
Legendary
Offline
Activity: 966
Merit: 1000
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November 26, 2014, 02:54:48 AM |
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What is more exciting to me is you're now entering the realm of contracts. While I'm thinking about it, with everyone talking about securing the blockchain, Evan, did you ever look at Fractalcoin with its, "Slingshield". It's a (dead) x11 coin where the developer claimed that Slingshield made 51% attacks into 71% attacks. Digishield is used for difficulty adjustment when mining resembles a typical proof-of-work coin. However, when percentage fees kick in and the static rewards drop, a modified version of digishield will be used, thus named slingshield.
For blocks with no transactions, slingshield is exactly the same as digishield. Low rewards and percentage based fees could put loyal miners at a disadvantage, since multipools could swoop in when a high fee transaction is broadcast, and quickly mine the block, taking all of the fees from loyal miners without contributing significantly to network security or overall hashrate.
Slingshield fixes this problem while helping to enable a multipool's variable contribution to make the network signficantly more secure.
When a transaction is broadcast, and the amount of fees would increase the static block reward by 2%, the difficulty of the block being mined is increased by 1%. When the fee would increase block reward by 3%, difficulty is raised by 2%, etc. This ensures that high reward blocks (when multipools would typically hop on, but soon after leave) have a difficulty reflective of the expected hashrate.
Along with ensuring mining remains fair and block times remain constant, slingshield also increases difficulty in conducting a double spend(or other attack) by leveraging the variable amount of power contributed by multipools. This effectively ensures that to double spend a large amount of coins, you would need not 51% of the hashing power of the network, but rather up to 71% of the network. No idea if such tech would be beneficial to Darkcoin but I thought I'd share just in case. We already have a block reward tied to difficulty. Besides, I don't think we should be changing the rewards anymore. Read the description again. Block reward doesn't change. I see where they are coming from with this, (how do the multipools know in advance though which blocks are going to be juicy?) but it doesn't counter the security problem. While those pools are able for whatever reason to mine DRK (or anything else) they completely negate the whole point of having thousands of individual miners. We need to lock the pools out at a protocol level somehow or make it financially expensive or otherwise disadvantagous for both the pools and the miners that mine via them to keep doing that. There are some very promising ways of doing this, for example: https://darkcointalk.org/threads/croutonrant-237-the-happy-happy-dream-of-decentralised-mining.3038/#post-30522 |
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oblox
Legendary
Offline
Activity: 1442
Merit: 1018
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November 26, 2014, 03:03:42 AM |
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What is more exciting to me is you're now entering the realm of contracts. While I'm thinking about it, with everyone talking about securing the blockchain, Evan, did you ever look at Fractalcoin with its, "Slingshield". It's a (dead) x11 coin where the developer claimed that Slingshield made 51% attacks into 71% attacks. Digishield is used for difficulty adjustment when mining resembles a typical proof-of-work coin. However, when percentage fees kick in and the static rewards drop, a modified version of digishield will be used, thus named slingshield.
For blocks with no transactions, slingshield is exactly the same as digishield. Low rewards and percentage based fees could put loyal miners at a disadvantage, since multipools could swoop in when a high fee transaction is broadcast, and quickly mine the block, taking all of the fees from loyal miners without contributing significantly to network security or overall hashrate.
Slingshield fixes this problem while helping to enable a multipool's variable contribution to make the network signficantly more secure.
When a transaction is broadcast, and the amount of fees would increase the static block reward by 2%, the difficulty of the block being mined is increased by 1%. When the fee would increase block reward by 3%, difficulty is raised by 2%, etc. This ensures that high reward blocks (when multipools would typically hop on, but soon after leave) have a difficulty reflective of the expected hashrate.
Along with ensuring mining remains fair and block times remain constant, slingshield also increases difficulty in conducting a double spend(or other attack) by leveraging the variable amount of power contributed by multipools. This effectively ensures that to double spend a large amount of coins, you would need not 51% of the hashing power of the network, but rather up to 71% of the network. No idea if such tech would be beneficial to Darkcoin but I thought I'd share just in case. We already have a block reward tied to difficulty. Besides, I don't think we should be changing the rewards anymore. Read the description again. Block reward doesn't change. It doesn't work with the way the reward structure is presently, low difficulty = higher rewards per blocks and vice versa. If it's low difficulty, the reward is higher incentivizing miners to mine. All blocks with low difficulty would be seen as juicy driving up difficulty. The second difficulty changes, the rewards paid for that block change.... our existing reward structure is entirely dependent on what the difficulty is. It could work with fixed rates per blocks, not with our setup. |
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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November 26, 2014, 03:33:17 AM |
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camosoul's posted a comment on there. Wasn't he listed as missing from the thread ? Maybe it's not the same one. LoL that's Camo alright, you can tell from the style of language  |
The new generation have arrived and they brought their own currency...
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TaoOfSaatoshi
Legendary
Offline
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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November 26, 2014, 04:16:20 AM |
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I never thought I'd say this but I now think that this coin could go to parity with bitcoin (on price that is, not on marketcap) at some point. I'm not saying it will, I'm just saying I can see reasons why it could.
I realise thats a bit of a bold statement and back in May when everyone was saying it I was rubbishing them, but the thing is several critical factors have changed since then. 4 things in particular:
[1] - it survived. This is probably the single biggest factor in a coin's fortunes I think - to survive the exit from the gate, a pump & dump phase and an awful lot of FUD attack
[2] - the competition didn't survive (and there was a lot of it). That just shows you what a big technical challenge this type of project is
[3] - it occupies prime space in the market. It has a genuinely original offering that is known to be desirable and furthermore that is mutually exclusive with Bitcoin
[4] - it's a 1st generation proof of work coin that supports Bitcoin's commercial interface. The competition in this field is now dwindling because we're into Bitcoin 2.0 type technologies that are more about shares and stuff. So Darkcoin can be considered now to have fully captured the 1st generation, Bitcoin compatible anonymous POW market for the foreseeable future unless it screws up which looks increasingly unlikely as time goes on
Juast sayin - it's an observation, but if you look at the ask liquidity in the markets it's thin as hell. It doesn't look to me like there's many people wanting out of this coin. If it gets another rise like the May one it's going to be big.
Once you get into the Dark, you never want to leave!  |
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jiggytom
Legendary
Offline
Activity: 1068
Merit: 1020
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November 26, 2014, 05:08:12 AM |
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DON'T PLAY Ride Em Poker in Unicoincasino...there is a bug that incorrectly doesn't return money to your balance...it returns it temporarily and then takes it after the dealer shows his card. I was wondering why my money was going down so quickly! I've reached out to their support hoping they will return my incorrectly taken losses!
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BTC: 174MGp3R5prNbuen31Kx5G5XuyuAXu9jye LBC: bWYN8NXGKWsgEAd6tQnJ5YRo2Z4r6PjxBH |
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splawik21
Legendary
Offline
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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November 26, 2014, 05:55:22 AM |
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very nice support on cryptsy and bitfinex
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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November 26, 2014, 06:02:20 AM |
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stonehedge
Legendary
Offline
Activity: 1722
Merit: 1002
Decentralize Everything
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November 26, 2014, 07:22:51 AM |
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Good morning Darkcoin! |
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stealth923
Legendary
Offline
Activity: 1036
Merit: 1000
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November 26, 2014, 07:29:50 AM |
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I am now hypnotized  |
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stonehedge
Legendary
Offline
Activity: 1722
Merit: 1002
Decentralize Everything
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November 26, 2014, 07:36:32 AM |
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I am now hypnotized Send me all of your Darkcoins! |
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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November 26, 2014, 07:38:29 AM |
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I am now hypnotized no send them to me ....>> lol |
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