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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2880. (Read 9723748 times)

hero member
Activity: 518
Merit: 500
Wow, looks like an interesting day guys, is the world re waking up to crypto, Dark and BTC in particular..  The amount of time we have been in a downtrend, the cash was always going to come back, I think the next few weeks are going to get very interesting...

I thought we would consolidate around here for a while but I am starting to think we could be seeing 0.02 sometime quite soon...
legendary
Activity: 3066
Merit: 1188

They are discussing DRK on BTCe trollbox...



legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf

"Different algorithms, i.e. the mathematical procedure for calculating and processing data
(it determines the speed at which the next “block” – set of transactions – is generated, how coins
are released, etc.).13 Despite being a very changeable attribute, two major algorithms can currently
be identified: SHA-256 (e.g. Bitcoin, Peercoin, Namecoin, Mastercoin) and Scrypt (e.g. Litecoin,
Dogecoin, Auroracoin), which could be described as an extension of the SHA-256 algorithm but
requiring more physical memory. In contrast to the former, for which specialised equipment for
“mining” was developed, deployed and therefore also needed to still be successful as “miner”, the
latter allowed “miners” to perform their activities with regular hardware. Currently, efforts are put
into using the X11 algorithm for reasons of higher cryptographic security and lower processing
costs, so it is quite possible that the algorithms mentioned above will be replaced shortly.  "

Apparently X11 is going to replace SHA-256 and Scrypt  Grin
https://twitter.com/taoofsatoshi/status/572487445163450369
legendary
Activity: 2548
Merit: 1245
Darkcoin seems to still fly under the radar with regards to the ECB and how they see the virtual currency schemes
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf

"Different algorithms, i.e. the mathematical procedure for calculating and processing data
(it determines the speed at which the next “block” – set of transactions – is generated, how coins
are released, etc.).13 Despite being a very changeable attribute, two major algorithms can currently
be identified: SHA-256 (e.g. Bitcoin, Peercoin, Namecoin, Mastercoin) and Scrypt (e.g. Litecoin,
Dogecoin, Auroracoin), which could be described as an extension of the SHA-256 algorithm but
requiring more physical memory. In contrast to the former, for which specialised equipment for
“mining” was developed, deployed and therefore also needed to still be successful as “miner”, the
latter allowed “miners” to perform their activities with regular hardware. Currently, efforts are put
into using the X11 algorithm for reasons of higher cryptographic security and lower processing
costs, so it is quite possible that the algorithms mentioned above will be replaced shortly.  "

Apparently X11 is going to replace SHA-256 and Scrypt  Grin

LOL! Nice t know EBC has X11 in his mind Wink
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Love him or hate him, here is another piece of PR from an old friend:
http://bitcoinrushblog.blogspot.ca/2015/03/darkcoin-private-e-cash-solution-ladies.html
Get Into The Dark with Bitcoin Rush!
nice write, ...although when he says "Darkcoin was launched as a fork of Litecoin - which is a fork of Bitcoin " maybe before he has to mention that now is exclusively bitcoin-based. (Sure someone can say this much better than me)

PS, action in progress Cool
Yeah, it may not be the most accurate, I'll let him know to mention it's now a fork of Bitcoin... Tongue

EDIT: Blog corrected!
hero member
Activity: 655
Merit: 500

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf

"Different algorithms, i.e. the mathematical procedure for calculating and processing data
(it determines the speed at which the next “block” – set of transactions – is generated, how coins
are released, etc.).13 Despite being a very changeable attribute, two major algorithms can currently
be identified: SHA-256 (e.g. Bitcoin, Peercoin, Namecoin, Mastercoin) and Scrypt (e.g. Litecoin,
Dogecoin, Auroracoin), which could be described as an extension of the SHA-256 algorithm but
requiring more physical memory. In contrast to the former, for which specialised equipment for
“mining” was developed, deployed and therefore also needed to still be successful as “miner”, the
latter allowed “miners” to perform their activities with regular hardware. Currently, efforts are put
into using the X11 algorithm for reasons of higher cryptographic security and lower processing
costs, so it is quite possible that the algorithms mentioned above will be replaced shortly.  "

Apparently X11 is going to replace SHA-256 and Scrypt  Grin
Congrats!
legendary
Activity: 2548
Merit: 1245

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf

"Different algorithms, i.e. the mathematical procedure for calculating and processing data
(it determines the speed at which the next “block” – set of transactions – is generated, how coins
are released, etc.).13 Despite being a very changeable attribute, two major algorithms can currently
be identified: SHA-256 (e.g. Bitcoin, Peercoin, Namecoin, Mastercoin) and Scrypt (e.g. Litecoin,
Dogecoin, Auroracoin), which could be described as an extension of the SHA-256 algorithm but
requiring more physical memory. In contrast to the former, for which specialised equipment for
“mining” was developed, deployed and therefore also needed to still be successful as “miner”, the
latter allowed “miners” to perform their activities with regular hardware. Currently, efforts are put
into using the X11 algorithm for reasons of higher cryptographic security and lower processing
costs, so it is quite possible that the algorithms mentioned above will be replaced shortly.  "

Apparently X11 is going to replace SHA-256 and Scrypt  Grin

and they say nothing good ever comes from the European Central Bank Smiley

but its good to see they invested some time (and our tax euro's) into studying the topic of cryptocurrency (or VCS as they call it)
legendary
Activity: 1176
Merit: 1036
Dash Developer

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf

"Different algorithms, i.e. the mathematical procedure for calculating and processing data
(it determines the speed at which the next “block” – set of transactions – is generated, how coins
are released, etc.).13 Despite being a very changeable attribute, two major algorithms can currently
be identified: SHA-256 (e.g. Bitcoin, Peercoin, Namecoin, Mastercoin) and Scrypt (e.g. Litecoin,
Dogecoin, Auroracoin), which could be described as an extension of the SHA-256 algorithm but
requiring more physical memory. In contrast to the former, for which specialised equipment for
“mining” was developed, deployed and therefore also needed to still be successful as “miner”, the
latter allowed “miners” to perform their activities with regular hardware. Currently, efforts are put
into using the X11 algorithm for reasons of higher cryptographic security and lower processing
costs, so it is quite possible that the algorithms mentioned above will be replaced shortly.  "

Apparently X11 is going to replace SHA-256 and Scrypt  Grin
legendary
Activity: 3066
Merit: 1188
some lucky bastard just bought a MN i think on cryptsy Smiley

Some lucky bastard just bought 9k btc on bitfinex

I don't see that trade anywhere.
legendary
Activity: 2548
Merit: 1245
some lucky bastard just bought a MN i think on cryptsy Smiley

Some lucky bastard just bought 9k btc on bitfinex

wow.. just wow
legendary
Activity: 3570
Merit: 1126
some lucky bastard just bought a MN i think on cryptsy Smiley

Some lucky bastard just bought 9k btc on bitfinex
hero member
Activity: 655
Merit: 500
Love him or hate him, here is another piece of PR from an old friend:
http://bitcoinrushblog.blogspot.ca/2015/03/darkcoin-private-e-cash-solution-ladies.html
Get Into The Dark with Bitcoin Rush!
nice write, ...although when he says "Darkcoin was launched as a fork of Litecoin - which is a fork of Bitcoin " maybe before he has to mention that now is exclusively bitcoin-based. (Sure someone can say this much better than me)

PS, action in progress Cool
legendary
Activity: 2548
Merit: 1245
some lucky bastard just bought a MN i think on cryptsy Smiley
legendary
Activity: 3570
Merit: 1126
The latest shift for the Xpool Multipool paid out over 22+ DRK, 76+ BTCD, 213+ FIBRE & 0.1+ BTC.

** We are now merge mining on all algos. X11: Unitus - SCRYPT: Dogecoin & ViaCoin & SysCoin & PesetaCoin & GreenCoin - SHA256: DevCoin & NameCoin.

Any problems, please PM as I may miss your post.

Cheers!

www.xpool.ca
legendary
Activity: 2548
Merit: 1245
current status of the major buy walls :

Cryptsy

3.1K DRK  at 0.01295041 (not sure from who this one is) : http://dc-charts.com/depth_drk.php?ex=2&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=0
12.3K DRK at 0.01228876 (otoh's moving wall) : http://dc-charts.com/depth_drk.php?ex=2&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=0

Bitfinex

18.5K DRK at 0.01200000 (otoh's moving wall) : http://dc-charts.com/depth_drk.php?ex=9&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=1
17.4K DRK at $3 (otoh's new DRK/USD wall) : http://dc-charts.com/depth_drk.php?ex=9&cu=1&re=1


legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Love him or hate him, here is another piece of PR from an old friend:
http://bitcoinrushblog.blogspot.ca/2015/03/darkcoin-private-e-cash-solution-ladies.html
Get Into The Dark with Bitcoin Rush!
hero member
Activity: 685
Merit: 500
Is there any way to send a private short message (SMS) through DRK wallet to another user/address, so nobody else can see it?
I'm not talking about a chat-like service, just a short message..
Rux
legendary
Activity: 1291
Merit: 1024
https://crypto.ba
I dumped 10k at lower than that  Embarrassed

....before realising the error of my ways and buying back in a few weeks later.   Cheesy

Excellent trading technique  Roll Eyes I like to do the same, i.e. lose a major position then wait-wait-wait, panic-panic and finally crack under the pressure and buy back in only to get 80% of what I had before.

P.S. Otoh sends his love for those extra 10 masternodes  Wink

Lol. It could have been Otoh I suppose.  I managed to tip the price below 50 when I dumped.  I remember Jessie Livermore doing backflips.

Of all the coins I have "let go" the ones I sold don't bother me.  It is the coins that I have had stolen from me that keep me awake at night.

EDIT:  The ones that I gambled away score somewhere in-between on the anger charts Cheesy

i remmember one time i traded 2300 DRK for aprox 0.25 hahaha to play some primedice ... now i would like to kill my self for remembering me this Cheesy
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
I dumped 10k at lower than that  Embarrassed

....before realising the error of my ways and buying back in a few weeks later.   Cheesy

Excellent trading technique  Roll Eyes I like to do the same, i.e. lose a major position then wait-wait-wait, panic-panic and finally crack under the pressure and buy back in only to get 80% of what I had before.

P.S. Otoh sends his love for those extra 10 masternodes  Wink

Lol. It could have been Otoh I suppose.  I managed to tip the price below 50 when I dumped.  I remember Jessie Livermore doing backflips.

Of all the coins I have "let go" the ones I sold don't bother me.  It is the coins that I have had stolen from me that keep me awake at night.

EDIT:  The ones that I gambled away score somewhere in-between on the anger charts Cheesy
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