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Author Topic: Darkcoin : InstantX Demonstration (still in Test Phase)  (Read 1982 times)
qwizzie
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November 08, 2014, 08:10:33 PM
 #1

https://www.youtube.com/watch?v=zBjUPj-TmFE&feature=youtu.be

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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g4q34g4qg47ww
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November 08, 2014, 08:31:43 PM
 #2

Whitepaper  Grin https://www.darkcoin.io/wp-content/uploads/2014/09/InstantTX.pdf
qwizzie
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November 08, 2014, 08:32:23 PM
 #3

good call .. thanks

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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November 08, 2014, 08:39:17 PM
 #4

DRK > BTC
qwizzie
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November 08, 2014, 08:43:39 PM
 #5

DRK > BTC

its no secret Darkcoin's primary target will be Litecoin .. will it succeed ? Time will tell.


Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
poncom
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November 08, 2014, 08:54:28 PM
 #6

Will the code for this be immediately open sourced? If it is what's to stop all the shit coins immediately copying it?
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November 08, 2014, 09:00:11 PM
 #7

Will the code for this be immediately open sourced? If it is what's to stop all the shit coins immediately copying it?

Good luck cutting and pasting 1150 Masternodes.  Grin

(The tx locking is done via Masternodes.)
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November 08, 2014, 11:42:21 PM
 #8

Instant transaction is marketing bullshit.

The DRK dev himself said this week the transactions will take 15 seconds.

That's a test environment, nothing like the real environment.
stealth923
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November 09, 2014, 12:10:30 AM
 #9

Instant transaction is marketing bullshit.

The DRK dev himself said this week the transactions will take 15 seconds.

That's a test environment, nothing like the real environment.

15 seconds is less time than it takes to swipe a visa card and enter your pin and wait for confirmation...

Show me any other crypto that has this capability implemented and working?

You are so obtuse you dont even realise how much potential and a game changer this is in the crypto world....

Now go back and play in your piss riddled sandbox you child.


FandangledGizmo
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November 09, 2014, 12:16:54 AM
 #10

Instant transaction is marketing bullshit.

The DRK dev himself said this week the transactions will take 15 seconds.

That's a test environment, nothing like the real environment.

15 seconds is less time than it takes to swipe a visa card and enter your pin and wait for confirmation...

Show me any other crypto that has this capability implemented and working?

You are so obtuse you dont even realise how much potential and a game changer this is in the crypto world....

Now go back and play in your piss riddled sandbox you child.




BitShares at no.4 has 10 second transactions already working for a few months now.
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November 09, 2014, 12:26:21 AM
 #11

Instant transaction is marketing bullshit.

The DRK dev himself said this week the transactions will take 15 seconds.

That's a test environment, nothing like the real environment.

15 seconds is less time than it takes to swipe a visa card and enter your pin and wait for confirmation...

Show me any other crypto that has this capability implemented and working?

You are so obtuse you dont even realise how much potential and a game changer this is in the crypto world....

Now go back and play in your piss riddled sandbox you child.



He's an XC fanboy. Worried about his investment most likely. Edit: Just checked XC for the first time in a while. Nice job mr_random, Dan is enjoying your money thoroughly Smiley


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Djinou94
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November 09, 2014, 01:10:40 AM
 #12

I sent some Zetacoin 1 second later i received
sandor111
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November 09, 2014, 01:18:21 AM
 #13

DRK is such vapourware.

kaene
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November 09, 2014, 01:23:54 AM
 #14

DRK is such vapourware.

That was just funny.

DRK is one of the few coins which got someone real after the whitepapers, and because of it darknet markets decided to support DRK.
solid12345
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November 09, 2014, 04:19:32 AM
 #15

Instant transaction is marketing bullshit.

The DRK dev himself said this week the transactions will take 15 seconds.

That's a test environment, nothing like the real environment.

Dark has always been marketing bullshit ever since they claimed to be the first anon coin even though Fedora/TIPS beat Darksend v1 to the punch for basic coin mixing by months lol.

But unfortunately sometimes those with the greatest spin win in the end.

Btw Mazacoin had less than a few second confirms too. But oh right, it was a "scam" lol
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November 09, 2014, 04:32:12 AM
 #16

I'm glad cryptos are heading in this direction, it will be great for the future. But this isn't groundbreaking tech, Bitshares has this already...
defunctec
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November 09, 2014, 06:42:30 AM
 #17

DRK is such vapourware.

Wait, what?

X11 - 11 different hashing algorithm's (Inventor)
DGW - Dark Gravity Wave Fixes KGW time warp exploit(Edit) (Inventor)
Masternodes - Decentralized mixing (Inventor)
Darksend+ - Cash (Inventor)
Spork - Soft forks, allow Darkcoin to fork the network without causing random forks. (Inventor)

Soon to be added...

Instantx - Which is being called vaporware...
I'm sorry but the successful implementation of all the above lead me to think you are, full of shite.
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November 09, 2014, 11:55:10 AM
 #18

I sent some Zetacoin 1 second later i received

What you received, was a message that transaction has happened. But your transaction wasn't confirmed in 1 seconds. It will get its first confirmation after the next block has been mined. And to be considered fully confirmed, it requires 6 confirmations (6 blocks to be mined). Zetacoin's block target is 30 seconds, so it will take on average 6 * 30 seconds = 3 minutes to confirm your transaction.

Whereas the Darkcoin's InstantTX system does not rely on the mining of the blocks for its confirmations. So it really is transacted and confirmed within seconds.
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November 09, 2014, 12:06:28 PM
 #19

DRK is such vapourware.

Wait, what?

X11 - 11 different hashing algorithm's (Inventor)
DGW - Dark Gravity Wave Fixes flaws in bitcoins block difficulty targeting  (Inventor)
Masternodes - Decentralized mixing (Inventor)
Darksend+ - Cash (Inventor)
Spork - Soft forks, allow Darkcoin to fork the network without causing random forks. (Inventor)

Soon to be added...

Instantx - Which is being called vaporware...
I'm sorry but the successful implementation of all the above lead me to think you are, full of shite.


DGW is an improvement on KGW invented by Dr. Kimoto Chan for Megacoin which fixes the time warp exploit I believe.
defunctec
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November 09, 2014, 12:11:27 PM
 #20

DRK is such vapourware.

Wait, what?

X11 - 11 different hashing algorithm's (Inventor)
DGW - Dark Gravity Wave Fixes flaws in bitcoins block difficulty targeting  (Inventor)
Masternodes - Decentralized mixing (Inventor)
Darksend+ - Cash (Inventor)
Spork - Soft forks, allow Darkcoin to fork the network without causing random forks. (Inventor)

Soon to be added...

Instantx - Which is being called vaporware...
I'm sorry but the successful implementation of all the above lead me to think you are, full of shite.


DGW is an improvement on KGW invented by Dr. Kimoto Chan for Megacoin which fixes the time warp exploit I believe.

That's the one, thanks and edited!
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