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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722502 times)
tungfa
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November 26, 2014, 01:57:35 AM
Last edit: November 26, 2014, 02:49:07 AM by tungfa
 #71601

New Pages for MN Network (checking) just came out ! ....>
AMAZING Stuff ! Really well done !
(Tx to Darkchild)
https://darkcointalk.org/threads/new-masternode-explorer-website.3068/

 Grin Grin Grin
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tungfa
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November 26, 2014, 01:58:30 AM
 #71602

done !
2nd gaming page !
this is BIG !
 Grin

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 ....>


https://bitcointalk.org/index.php?topic=761561.msg8585129#msg8585129

 Tongue

 Grin Grin
Tx man
Minotaur26
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November 26, 2014, 02:13:36 AM
 #71603


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.
UdjinM6
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November 26, 2014, 02:17:31 AM
 #71604


official one is fine too http://explorer.darkcoin.io/block/00000000000854d1ce3cc87db2ea91f841c9991780228a211dd67793b61d01b0

EDIT: btw, flare implemented multisig support in official blockchain explorer!
https://darkcointalk.org/threads/explorer-dont-show-multisig-addresses.2993/#post-30712
http://explorer.darkcoin.io/tx/403a5546921c2a81cd7386b1102376609c57fd8d646f2c982a19f6904ffee740
http://explorer.darkcoin.io/address/3LXrV8QorSbTX3DF7PosaoEg78NbuAqLMn
Note the address starting with "3"!!

DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
MyFarm
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November 26, 2014, 02:23:56 AM
 #71605

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.

Quote
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.
toknormal
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November 26, 2014, 02:31:46 AM
 #71606


camosoul's posted a comment on there. Wasn't he listed as missing from the thread ? Maybe it's not the same one.
raico
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November 26, 2014, 02:41:05 AM
 #71607

Quote
Masternodes Explanations/Guides/Setups/Tools for DRK Newcomers
https://darkcointalk.org/threads/masternodes-explanations-guides-setups-tools-for-drk-newcomers.3055/

by tungfa. which helps a lot for the beginner to take the first step through the Dark gate~   

Quote
Great New Pages for MN Checking and Mainting just came out !
https://darkcointalk.org/threads/new-masternode-explorer-website.3068/
by darkchild. Well, how can i say~ All the info that relative is beauty and clear~ try it yourself~  Grin

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~
oblox
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November 26, 2014, 02:42:32 AM
 #71608

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.

Quote
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.
MyFarm
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November 26, 2014, 02:49:18 AM
 #71609

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.

Quote
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.
thelonecrouton
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November 26, 2014, 02:54:48 AM
 #71610

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.

Quote
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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November 26, 2014, 03:03:42 AM
 #71611

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.

Quote
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.
Ignition75
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November 26, 2014, 03:33:17 AM
 #71612


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  Wink

The new generation have arrived and they brought their own currency...
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November 26, 2014, 04:16:20 AM
 #71613


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!  Cheesy

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November 26, 2014, 05:08:12 AM
 #71614

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!

... PLAY SHARE EARN...
.LBRY...
                            ▄▄███▄▄
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▄▄█████▀▀                                         ▄▄███
███▀▀                                         ▄▄█████▀▀
███     █▄▄                               ▄▄█████▀▀
███     █████▄▄                       ▄▄█████▀▀  ▄▄▄▄▄▄▄▄
███       ▀▀█████▄▄               ▄▄█████▀▀       ██████
█████▄▄       ▀▀█████▄▄       ▄▄█████▀▀       ▄▄███████
  ▀▀█████▄▄       ▀▀█████▄▄▄█████▀▀       ▄▄█████▀▀ ██
      ▀▀█████▄▄       ▀▀█████▀▀       ▄▄█████▀▀
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                          ▀
BTC: 174MGp3R5prNbuen31Kx5G5XuyuAXu9jye
LBC: bWYN8NXGKWsgEAd6tQnJ5YRo2Z4r6PjxBH
splawik21
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November 26, 2014, 05:55:22 AM
 #71615

very nice support on cryptsy and bitfinex

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
tungfa
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November 26, 2014, 06:02:20 AM
 #71616

A new DRK Gif is up !! ....>
(Tx georgem)
https://www.youtube.com/watch?v=UwK3hxIYOk0&list=PL_g4JqfANEpMh5iz3DLQMoXTLIGWMrcKy
 Cool
stonehedge
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November 26, 2014, 07:22:51 AM
 #71617

Good morning Darkcoin!  Grin
stealth923
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November 26, 2014, 07:29:50 AM
 #71618


I am now hypnotized  Shocked
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November 26, 2014, 07:36:32 AM
 #71619


Send me all of your Darkcoins!  Grin
tungfa
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November 26, 2014, 07:38:29 AM
 #71620


no send them to me ....>>
lol
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