oblox
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November 26, 2014, 03:29:47 PM |
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When one pool has a majority (or even very large plurality) of the network hashrate, it changes the currency from decentralized and trustless to centralized and trusting Aren't you confusing a pooled mining effort with an individual mining effort ? I wouldn't regard "pooled" mining as the same as centralised mining because you don't have control over the mining effort. It goes up and down outwith your control. The difference being that the pool owner then essentially controls that hash and the majority of the network so if they wanted to hash on an alternate blockchain, they could. Yes, miners could leave but it doesn't change the fact that for the time being, anyone contributing hash to a pool with the majority is always at risk of implementing an attack. Also, it's far more probable that an outside party attacks the servers running the pool for malicious purposes vs attacking each and every connected miner.
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shojayxt
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Activity: 896
Merit: 1001
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November 26, 2014, 03:32:01 PM |
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You should eat some of your make-up so you can be pretend to be pretty on the inside.
Alright, this hands down made me laugh out loud. I feel like if this isn't from a movie, it damn well should be. I laugh at all of his posts too. Clowns are funny.
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ddink7
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November 26, 2014, 03:38:49 PM |
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When one pool has a majority (or even very large plurality) of the network hashrate, it changes the currency from decentralized and trustless to centralized and trusting Aren't you confusing a pooled mining effort with an individual mining effort ? I wouldn't regard "pooled" mining as the same as centralised mining because you don't have control over the mining effort. It goes up and down outwith your control. Not at all. The pool owner has total control over what to do with solved blocks (withhold them to launch an attack, mine on an alternate chain, etc.). It's sort of like a corporation that has 1000 voters, but 510 voters give one person their proxy. Even though the process is nominally decentralized, in reality the person who holds the proxy of 51% of the voters is going to have unprecedented power. And it's not even about the pool owners. They could be the best guys/girls in the world, but they can still get hacked just as easily as anybody else.
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GhostPlayer
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Activity: 1092
Merit: 1000
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November 26, 2014, 03:38:52 PM Last edit: November 26, 2014, 04:00:30 PM by GhostPlayer |
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Just get a new email, a lobotomy to clear the cache from your brain, reboot, sign-up with a brand new user name, and all this will be over. The only thing anyone has to do is check your post history. Here, I'll make it easy for everyone. This is just a random selection of slowjack's gems. https://bitcointalk.org/index.php?topic=688510.msg7809053#msg7809053https://bitcointalk.org/index.php?topic=421615.msg7810916#msg7810916https://bitcointalk.org/index.php?topic=421615.msg8419419#msg8419419https://bitcointalk.org/index.php?topic=421615.msg8403475#msg8403475https://bitcointalk.org/index.php?topic=742825.msg8402905#msg8402905https://bitcointalk.org/index.php?topic=421615.msg8397714#msg8397714https://bitcointalk.org/index.php?topic=421615.msg7958526#msg7958526Darkcoin and it's largest holders in their greedy quest for masternode profits have become an entity similar to the banking Industry in the United States. The elite masternode operators are allowed to collect a 20% tax from the miners. But it gets better, they don't have to do anything to collect that tax. Darkcoin has it's own network of tax collectors that go around intimidating pool owners into compliance. Darkcoin has implemented a 20% tax on miners to be given to masternode operators. Don't let them take your mining profits. Boycott paying the 20% tax.
Oh shut up with this nonsense. Organizations are not going to be buying drk. drk will never achieve mainstream adoption. You morons and your pathetic talk about corporations using drk is getting old. It isn't going to happen. Ever. Now stop repeating your idiotic crap. Scammer shitcoin slob
Go eat feces The team didn't have time for the forum. They were busy dumping drk. Darkcoin actually has nothing to offer the vast majority of people. You can't spend it anywhere for anything of significance. It's nothing more than a source of revenue for those running masternodes. That's it. That's all it will ever be. No mainstream merchant is ever going to embrace Darkcoin as a payment method. And these are the NON offensive ones...
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shojayxt
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Activity: 896
Merit: 1001
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November 26, 2014, 03:45:30 PM |
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When one pool has a majority (or even very large plurality) of the network hashrate, it changes the currency from decentralized and trustless to centralized and trusting Aren't you confusing a pooled mining effort with an individual mining effort ? I wouldn't regard "pooled" mining as the same as centralised mining because you don't have control over the mining effort. It goes up and down outwith your control. Not at all. The pool owner has total control over what to do with solved blocks (withhold them to launch an attack, mine on an alternate chain, etc.). It's sort of like a corporation that has 1000 voters, but 510 voters give one person their proxy. Even though the process is nominally decentralized, in reality the person who holds the proxy of 51% of the voters is going to have unprecedented power. And it's not even about the pool owners. They could be the best guys/girls in the world, but they can still get hacked just as easily as anybody else. In a perfect world mining pools wouldn't exist. Everyone would solo mine. Unfortunately that's not going to happen. Mining pools have to much invested and too much income to go away. In fact I'm sure that many of the new crap coins being launched are all part of the same group running pools, small exchanges,and launching coins. They launch the coin, host a pool, and list it on their own exchange. They have hundreds of screen names. It's well organized and highly profitable since there is never a shortage of fools mining and buying worthless coins with no features strictly based on the logo and name.
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defunctec
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Activity: 1092
Merit: 1000
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November 26, 2014, 04:00:41 PM |
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Ahhhh, now that's the shojayxt i remember. Not this snaky, deceptive illusion he hides behind these days.
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splawik21
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Activity: 1372
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DASH is the future of crypto payments!
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November 26, 2014, 04:02:27 PM |
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...someday someone will write a book on this thread.
So far this book will have 3723 pages Short version excluding FUD & trolling ~1750 good healthy discussion.
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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xxxgoodgirls
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Activity: 1092
Merit: 1001
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November 26, 2014, 04:10:57 PM |
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64hrs and no payment yet, nothing to worry right?
NO What do you mean no? Yes, he does need to worry. Payments rain like clockwork within 48h. Don't say worry until he clarifys his setup. Secondly, don't say within 48 hours as it can now go beyond that due to the masternode count and average blocks found in a day. Port-check Open (8m7s) ./darkcoind masternode list | grep IP gives me "IP:9999" : 1 Last payment: 2014-11-23 15:06:36 Balance 1005.00175 Version 0.10.16.16 I did not delete peers.dat, should I do that? Thank you in advance guys
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GhostPlayer
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Activity: 1092
Merit: 1000
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November 26, 2014, 04:15:18 PM |
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This will probably be the last for now... basically a self-explanatory quote of slow-quack's FUD and Trolling modus operandihttps://bitcointalk.org/index.php?topic=421615.msg7628379#msg7628379Gotta get those suckers in so you can dump on them and when they panic and sell driving the price even lower they scoop up the cheap coins driving the price back up and the people that just panic sold panic buy at a higher price and do it all over again. It happens with all coins. Once I realized that I started to make lots of btc. But if holding DRK long term is your strtegy that's your decision.
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BrainShutdown
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Activity: 1052
Merit: 1004
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November 26, 2014, 04:15:47 PM |
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64hrs and no payment yet, nothing to worry right?
NO What do you mean no? Yes, he does need to worry. Payments rain like clockwork within 48h. Don't say worry until he clarifys his setup. Secondly, don't say within 48 hours as it can now go beyond that due to the masternode count and average blocks found in a day. Port-check Open (8m7s) ./darkcoind masternode list | grep IP gives me "IP:9999" : 1 Last payment: 2014-11-23 15:06:36 Balance 1005.00175 Version 0.10.16.16 I did not delete peers.dat, should I do that? Thank you in advance guys How many confirmations does your 1000DRK vin have?
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xxxgoodgirls
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Activity: 1092
Merit: 1001
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November 26, 2014, 04:19:00 PM |
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64hrs and no payment yet, nothing to worry right?
NO What do you mean no? Yes, he does need to worry. Payments rain like clockwork within 48h. Don't say worry until he clarifys his setup. Secondly, don't say within 48 hours as it can now go beyond that due to the masternode count and average blocks found in a day. Port-check Open (8m7s) ./darkcoind masternode list | grep IP gives me "IP:9999" : 1 Last payment: 2014-11-23 15:06:36 Balance 1005.00175 Version 0.10.16.16 I did not delete peers.dat, should I do that? Thank you in advance guys How many confirmations does your 1000DRK vin have? 7722 confirmations
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GhostPlayer
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Activity: 1092
Merit: 1000
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November 26, 2014, 04:26:28 PM |
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Version 0.10.16.16
I did not delete peers.dat, should I do that?
Thank you in advance guys
Doesn´t hurt to try. But that was a fix for the dropping masternode. If your node is constantly listed as :1 with this protocol version, then you should be good. "Should" being the operating word...
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BrainShutdown
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Activity: 1052
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November 26, 2014, 04:27:07 PM |
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64hrs and no payment yet, nothing to worry right?
NO What do you mean no? Yes, he does need to worry. Payments rain like clockwork within 48h. Don't say worry until he clarifys his setup. Secondly, don't say within 48 hours as it can now go beyond that due to the masternode count and average blocks found in a day. Port-check Open (8m7s) ./darkcoind masternode list | grep IP gives me "IP:9999" : 1 Last payment: 2014-11-23 15:06:36 Balance 1005.00175 Version 0.10.16.16 I did not delete peers.dat, should I do that? Thank you in advance guys How many confirmations does your 1000DRK vin have? 7722 confirmations And it shows active on https://drk.mn correct? Maybe you need to post your issue on darkcointalk so that it can be looked at by the pros
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shojayxt
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Activity: 896
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November 26, 2014, 04:27:16 PM |
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I've never put a user on ignore in my life and I don't take this lightly. I believe that all views and opinions should be heard regardless of whether I agree or not. Unfortunately this user is not voicing any opinion, they are just spamming the thread with things from the past and personal attacks against me. Wishing people dead has no place anywhere in a civilized society. Since I am tempted to respond to this child and continue this nonsense I have decided to just get it out of my sight. Hopefully that will put an end to this spammer and it's personal attacks against me that are cluttering this DarkCoin thread. At least I won't see them. Lifes too short to be bothered with foolish nonsense.
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xxxgoodgirls
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Activity: 1092
Merit: 1001
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November 26, 2014, 04:32:25 PM |
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64hrs and no payment yet, nothing to worry right?
NO What do you mean no? Yes, he does need to worry. Payments rain like clockwork within 48h. Don't say worry until he clarifys his setup. Secondly, don't say within 48 hours as it can now go beyond that due to the masternode count and average blocks found in a day. Port-check Open (8m7s) ./darkcoind masternode list | grep IP gives me "IP:9999" : 1 Last payment: 2014-11-23 15:06:36 Balance 1005.00175 Version 0.10.16.16 I did not delete peers.dat, should I do that? Thank you in advance guys How many confirmations does your 1000DRK vin have? 7722 confirmations And it shows active on https://drk.mn correct? Maybe you need to post your issue on darkcointalk so that it can be looked at by the pros Yeah it is showed up as active. I'd wait few hours more then I'll post on drktalk, thank you anyway!
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GhostPlayer
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November 26, 2014, 04:34:45 PM |
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What an honour! Oh my... I think I may cry a little
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oblox
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November 26, 2014, 04:41:41 PM |
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Yeah it is showed up as active. I'd wait few hours more then I'll post on drktalk, thank you anyway!
Then from an appearance sake, it seems you have everything setup appropriately. Looks like incredibly bad luck as it relates to payouts, but that doesn't mean you won't get selected in a shorter time period to make up for what looks like missed payments.
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shojayxt
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Activity: 896
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November 26, 2014, 04:44:36 PM |
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Hmm, I can't see what this user posted. Nice. It goes against my beliefs to ignore people but the personal attacks were too much. I could go back and post many of them but I don't feel the need to rehash old nonsense.
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TPN
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How did it get so late, so soon?
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November 26, 2014, 04:56:39 PM |
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New ATH please
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GhostPlayer
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November 26, 2014, 05:01:40 PM Last edit: November 26, 2014, 05:44:47 PM by GhostPlayer |
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Dear community, now that Pool Police is on vacation I thought it would be a good time to relax and play a fun game. Trolls & FUDsters... Wall of Fame!!https://darkcointalk.org/threads/trolls-fudsters-wall-of-fame.3076/Right now, leading the board is shojayxt with 1 vote ...which was obviously mine. I play fair as you guys know, so please someone prove me wrong. And it would be nice to invite slow-whack himself, but he ignored me so he'll miss the fun. Anyone care to quote me so he doesn't miss the party? EDIT: shojayxt and Bobsurplus are tied for 1st place! EDIT2: ebolajayxt in the lead again...
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