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Author Topic: [DANK] DarkKush - x13 POW/POS - A New CryptoCurrency Strain - Wallet Update Now!  (Read 32958 times)
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Ninja Trader
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October 31, 2014, 01:53:25 AM
 #221

And how we can know ..you are the real NT ?

so quiet indeed Cheesy
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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magaura
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October 31, 2014, 01:56:43 AM
 #222

And how we can know ..you are the real NT ?

so quiet indeed Cheesy

LOL nice.. ok welcome here in the underworld.. XD

donnyespo
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October 31, 2014, 02:18:00 AM
 #223

Block reward is next to nothing and PoW is about to end.. Should see some action in the next few days if not sooner..

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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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kozmos
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October 31, 2014, 02:43:01 AM
Last edit: October 31, 2014, 03:01:57 AM by kozmos
 #224




IF bittrex exchange will not tolerate with the number of coins exceeding the 4.5 Millions limit, then the solution is forking the coin by making the last minable block become BLOCK#10120.


Otherwise, everything will be fine.


This is the link of the excel sheet if anyone wants to check it and revise the calculations:

http://www.mediafire.com/download/8svdlr3tds8bk6t/DarkKushCoin+DANK+-+Calculations.xlsx



EDIT: I've sent Mr. Richie of Bittrex exchange a message to check this out.
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October 31, 2014, 02:53:14 AM
 #225

ok I'm out..now risky..good luck!

EmpoEX
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October 31, 2014, 03:29:26 AM
 #226

We had to disable DANK markets. We will wait for further instruction from the developer.
We have to protect our users before anything.

The only issue I see right now is: There will be slightly more coins.
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October 31, 2014, 03:33:15 AM
 #227

We had to disable DANK markets. We will wait for further instruction from the developer.
We have to protect our users before anything.

The only issue I see right now is: There will be slightly more coins.

in code was always halving from 50 to 25 at block 12500. May you check the src

richiela
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October 31, 2014, 03:36:32 AM
 #228

Last block halving is not working, we are still at 50 coins ?

That's true. and that's a problem with bittrex.


if the number of mined coins will exceed the overall number of SUPPOSED coins, it will give an alarm at bittrex exchange which will automatically shut down the trading UNTIL this issue will be solved.


I saw something like that with GhostCoin when the number of the mined coins exceeded the overall number of coins.



Better the DarkKush coin dev. fork this coin ASAP before things might get worst and cause a panic sell upon this.

There's no need as long as we have an accurate max coins.  If that number is changing, please update the ANN and we will adjust accordingly.   Right now, all im seeing is that halving has failed so the max coins will be changing.  Is that accurate?

thanks
richie@bittrex

Looking for the best exchange? -> https://bittrex.com
DarkKush (OP)
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October 31, 2014, 03:37:01 AM
 #229

I'll check it now, it shouldn't be hard to take care of.

donnyespo
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October 31, 2014, 03:42:55 AM
 #230

And how we can know ..you are the real NT ?

i can tell from prior posts its him

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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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EmpoEX
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October 31, 2014, 03:46:56 AM
 #231

Quote
else if(pindexBest->nHeight < 12500)
     {
         nSubsidy = 50 * COIN;
     }
     else if(pindexBest->nHeight < 15001)
     {
         nSubsidy = 25 * COIN;
     }
DarkKush (OP)
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October 31, 2014, 03:50:42 AM
 #232

http://i61.tinypic.com/210mxd0.jpg


IF bittrex exchange will not tolerate with the number of coins exceeding the 4.5 Millions limit, then the solution is forking the coin by making the last minable block become BLOCK#10120.


Otherwise, everything will be fine.


This is the link of the excel sheet if anyone wants to check it and revise the calculations:

http://www.mediafire.com/download/8svdlr3tds8bk6t/DarkKushCoin+DANK+-+Calculations.xlsx



EDIT: I've sent Mr. Richie of Bittrex exchange a message to check this out.



Dev response: everything is OK.


We are currently at block 12389 per http://blocks.suprnova.cc:2669/ and the nodes and my own wallet.

Total coins currently 2944921.85534319  



From a master node:

root@danknode1:~/darkkush/src# ./darkkushd getinfo
{
    "version" : "v2.0.0.0-g",
    "protocolversion" : 60013,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 12396,
    "timeoffset" : 0,
    "moneysupply" : 2945171.91579618,
    "connections" : 28,
    "proxy" : "",
    "ip" : "104.131.189.160",
    "difficulty" : {
        "proof-of-work" : 87.27499727,
        "proof-of-stake" : 0.00025434
    },
    "testnet" : false,
    "keypoololdest" : 1414317847,
    "keypoolsize" : 101,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "errors" : ""
}



So as of right now there are a bit under 3 million coins.


However the ANN has a small error, thank you Kozmos. Checking the code again I see:


     else if(pindexBest->nHeight < 10000)
     {
         nSubsidy = 100 * COIN;
     }
     else if(pindexBest->nHeight < 12500)
     {
         nSubsidy = 50 * COIN;
     }
     else if(pindexBest->nHeight < 15001)
     {
         nSubsidy = 25 * COIN;
     }
      

The last block of 50 coin rewards will be 12499, not 12000 as mentioned in the ANN. We'll update that right now! Smiley


It looks like we are going to end up with a number much closer to 3 million, not the estimated 4.5, because of proof of stake blocks replacing many of the POW blocks.

Thank you for the keen eye, the 12000 block halving will be updated to 12499 right now.


DANK devs are working hard on this project, not just stupid stoners Smiley

EmpoEX
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October 31, 2014, 03:57:46 AM
 #233




IF bittrex exchange will not tolerate with the number of coins exceeding the 4.5 Millions limit, then the solution is forking the coin by making the last minable block become BLOCK#10120.


Otherwise, everything will be fine.


This is the link of the excel sheet if anyone wants to check it and revise the calculations:

http://www.mediafire.com/download/8svdlr3tds8bk6t/DarkKushCoin+DANK+-+Calculations.xlsx



EDIT: I've sent Mr. Richie of Bittrex exchange a message to check this out.



Dev response: everything is OK.


We are currently at block 12389 per http://blocks.suprnova.cc:2669/ and the nodes and my own wallet.

Total coins currently 2944921.85534319  



From a master node:

root@danknode1:~/darkkush/src# ./darkkushd getinfo
{
    "version" : "v2.0.0.0-g",
    "protocolversion" : 60013,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 12396,
    "timeoffset" : 0,
    "moneysupply" : 2945171.91579618,
    "connections" : 28,
    "proxy" : "",
    "ip" : "104.131.189.160",
    "difficulty" : {
        "proof-of-work" : 87.27499727,
        "proof-of-stake" : 0.00025434
    },
    "testnet" : false,
    "keypoololdest" : 1414317847,
    "keypoolsize" : 101,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "errors" : ""
}



So as of right now there are a bit under 3 million coins.


However the ANN has a small error, thank you Kozmos. Checking the code again I see:


     else if(pindexBest->nHeight < 10000)
     {
         nSubsidy = 100 * COIN;
     }
     else if(pindexBest->nHeight < 12500)
     {
         nSubsidy = 50 * COIN;
     }
     else if(pindexBest->nHeight < 15001)
     {
         nSubsidy = 25 * COIN;
     }
      

The last block of 50 coin rewards will be 12499, not 12000 as mentioned in the ANN. We'll update that right now! Smiley


It looks like we are going to end up with a number much closer to 3 million, not the estimated 4.5, because of proof of stake blocks replacing many of the POW blocks.

Thank you for the keen eye, the 12000 block halving will be updated to 12499 right now.


DANK devs are working hard on this project, not just stupid stoners Smiley


Thanks for clarification.

We are re-enabling DANK-BTC markets.
https://twitter.com/EmpoExchange/status/528033934060572672

https://empoex.com/trade/DANK-BTC

EmpoEX Team
kozmos
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October 31, 2014, 03:58:41 AM
 #234

@DarkKush dev

Good to know everything is in place now Smiley
donnyespo
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October 31, 2014, 04:06:55 AM
 #235

yes thanks for the fast response and clarification.

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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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kozmos
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October 31, 2014, 04:23:05 AM
 #236

There's no need as long as we have an accurate max coins.  If that number is changing, please update the ANN and we will adjust accordingly.   Right now, all im seeing is that halving has failed so the max coins will be changing.  Is that accurate?

thanks
richie@bittrex

Thank you a lot Richie, the dev made sure everything is in place.

Regards.
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October 31, 2014, 04:56:30 AM
 #237

Fukk..bought back.. LOL

DarkKush (OP)
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October 31, 2014, 05:02:21 AM
 #238

https://i.imgur.com/0w2HDnZ.png


We're hard at work on our coding and a branding overhaul. Here is a teaser of what we're working on:

New logo for DarkKush DANK

DANK wallet overhaul

DANK in-wallet messaging for planning and meetups

DANK forums to be accessed through wallet for marijuana reviews, community meetings, and more

DANK wallet amounts to grant users access to priviledges and more on forums

DANK website creation

Real-world promotion and press interaction in the legalized marijuana and medical marijuana industries.[/b]

More to be announced as we expand our project.





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So much for "Community"


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October 31, 2014, 05:39:34 AM
 #239

Your new logo I can make on http://www.graffiticreator.net/ for free, so no props for that. No skills required for it. Seems you are very proud of it.

Some read.
Some understand what they read.

DarkKush (OP)
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October 31, 2014, 07:27:24 AM
 #240

Your new logo I can make on http://www.graffiticreator.net/ for free, so no props for that. No skills required for it. Seems you are very proud of it.

No, its just a title text, like using a font. It's not the new logo, those are being worked on. Smiley

http://chasingbirdswithdrunkards.files.wordpress.com/2011/11/pothead-home.jpg

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