[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2974.

njs811

sr. member

Activity: 406

Merit: 250

Quote from: toknormal on February 15, 2015, 05:04:04 AM

Quote from: njs811 on February 15, 2015, 04:48:49 AM

Yes, but if setting up a masternode only exist in the hands of the few then we have the same problem as the banks. Not anyone can open up a bank.

It isn't "in the hands of a few". Masternodes are as decentralised as any other nodes, there's just fewer of them (as with full nodes in Bitcoin).

"Centralised" = Recourse to a central authority is required to set one up
"Fewer of" = a numerical comparison of population

Slight difference.

The significant issue here is'nt the numerical quantity but whether they are decentralised (as in new ones can be configured anywhere, anytime by anyones without recourse to a central authority).

But shouldn't easy accessibility play into that?

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: aristokrat on February 15, 2015, 04:55:54 AM

How long it takes to mine 1 DRK with r9 270x this days?

Sorry, I have no idea, but a pretty long time I'd guess???

illodin

hero member

Activity: 966

Merit: 1003

Quote from: njs811 on February 15, 2015, 05:01:06 AM

What is the maximum amount of MNs available on the system? Is there a limit?

There is no artificial limit like 1440 or something which would centralize the coin to the hands of the rich few.

PS. are you sure you're not one of child harold's puppets?

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: njs811 on February 15, 2015, 04:48:49 AM

Yes, but if setting up a masternode only exist in the hands of the few then we have the same problem as the banks. Not anyone can open up a bank.

It isn't "in the hands of a few". Masternodes are as decentralised as any other nodes, there's just fewer of them (as with full nodes in Bitcoin).

"Centralised" = Recourse to a central authority is required to set one up
"Fewer of" = a numerical comparison of population

Slight difference.

The significant issue here is'nt the numerical quantity but whether they are decentralised (as in new ones can be configured anywhere, anytime by anyones without recourse to a central authority).

njs811

sr. member

Activity: 406

Merit: 250

Quote from: Freckleg on February 15, 2015, 05:02:15 AM

Quote from: njs811 on February 15, 2015, 05:01:06 AM

Quote from: TanteStefana2 on February 15, 2015, 04:59:57 AM

Quote from: njs811 on February 15, 2015, 04:55:17 AM

I am already well aware of how to setup a masternode. I appreciate the offer though. It does concern me though that it would take a server to set one up. (Or at least recommended) People are still stubborn and will refuse to go to a coin that exist in the cyber world. A coin's best bet is to play to the people.

That's ok, we don't need more people anymore, we would be happy to go up another thousand, but after that, or even until then, we have plenty of masternodes to secure the system. If people don't want to set one up, obviously there are plenty who do

What is the maximum amount of MNs available on the system? Is there a limit?

The amount of coins in existence / 1000

And what is the minimum DRK to run a MN? Is there a limit on that?

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: njs811 on February 15, 2015, 05:01:06 AM

Quote from: TanteStefana2 on February 15, 2015, 04:59:57 AM

Quote from: njs811 on February 15, 2015, 04:55:17 AM

I am already well aware of how to setup a masternode. I appreciate the offer though. It does concern me though that it would take a server to set one up. (Or at least recommended) People are still stubborn and will refuse to go to a coin that exist in the cyber world. A coin's best bet is to play to the people.

That's ok, we don't need more people anymore, we would be happy to go up another thousand, but after that, or even until then, we have plenty of masternodes to secure the system. If people don't want to set one up, obviously there are plenty who do

What is the maximum amount of MNs available on the system? Is there a limit?

There are about 5 million coins, you can potentially have 5000 masternodes. Currently we have 2000 which is plenty for the network to be safe.

Freckleg

hero member

Activity: 508

Merit: 500

Quote from: njs811 on February 15, 2015, 05:01:06 AM

Quote from: TanteStefana2 on February 15, 2015, 04:59:57 AM

Quote from: njs811 on February 15, 2015, 04:55:17 AM

I am already well aware of how to setup a masternode. I appreciate the offer though. It does concern me though that it would take a server to set one up. (Or at least recommended) People are still stubborn and will refuse to go to a coin that exist in the cyber world. A coin's best bet is to play to the people.

That's ok, we don't need more people anymore, we would be happy to go up another thousand, but after that, or even until then, we have plenty of masternodes to secure the system. If people don't want to set one up, obviously there are plenty who do

What is the maximum amount of MNs available on the system? Is there a limit?

The amount of coins in existence / 1000

Edit: but at that point you could buy the whole of Greece with one Darkcoin

njs811

sr. member

Activity: 406

Merit: 250

Quote from: TanteStefana2 on February 15, 2015, 04:59:57 AM

Quote from: njs811 on February 15, 2015, 04:55:17 AM

I am already well aware of how to setup a masternode. I appreciate the offer though. It does concern me though that it would take a server to set one up. (Or at least recommended) People are still stubborn and will refuse to go to a coin that exist in the cyber world. A coin's best bet is to play to the people.

That's ok, we don't need more people anymore, we would be happy to go up another thousand, but after that, or even until then, we have plenty of masternodes to secure the system. If people don't want to set one up, obviously there are plenty who do

What is the maximum amount of MNs available on the system? Is there a limit?

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: njs811 on February 15, 2015, 04:55:17 AM

I am already well aware of how to setup a masternode. I appreciate the offer though. It does concern me though that it would take a server to set one up. (Or at least recommended) People are still stubborn and will refuse to go to a coin that exist in the cyber world. A coin's best bet is to play to the people.

That's ok, we don't need more people anymore, we would be happy to go up another thousand, but after that, or even until then, we have plenty of masternodes to secure the system. If people don't want to set one up, obviously there are plenty who do

In the end, it's not about the investors, it's about the users. Those people who need to transfer their coins from one country to another, that are unbanked, etc... when they realize that privacy is what keeps them and their possessions safe, they'll be coming to us

Sub-Ether

sr. member

Activity: 434

Merit: 250

Quantum entangled and jump drive assisted messages

Quote from: TanteStefana2 on February 15, 2015, 04:57:09 AM

Price is tied to BTC. BTC is rising, we fall a bit. My guess, and I'm bad at this, is that it won't fall below .001 depending on how high BTC goes. I'm sure we'll go up quite a bit this upcoming year though. One thing you can count on is that our development will continue at a rapid pace with all the developers on board and Evan continuing to dedicate his full time to the rapid pace we've been going at all last year. It's been and continues to be a fun ride!

Fun ride +1000

njs811

sr. member

Activity: 406

Merit: 250

Quote from: aristokrat on February 15, 2015, 04:55:54 AM

How long it takes to mine 1 DRK with r9 270x this days?

with just 1 gpu it takes around 3 weeks.

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: njs811 on February 15, 2015, 04:53:04 AM

Quote from: gross on February 15, 2015, 04:50:42 AM

Oh shit. Does Darkcoin come back to 0.006 or break 0.0161 in near future Huh

I think it will drop down to .008 and then rise.

Price is tied to BTC. BTC is rising, we fall a bit. My guess, and I'm bad at this, is that it won't fall below .001 depending on how high BTC goes. I'm sure we'll go up quite a bit this upcoming year though. One thing you can count on is that our development will continue at a rapid pace with all the developers on board and Evan continuing to dedicate his full time to the rapid pace we've been going at all last year. It's been and continues to be a fun ride!

Sub-Ether

sr. member

Activity: 434

Merit: 250

Quantum entangled and jump drive assisted messages

Quote from: stonehedge on February 15, 2015, 04:28:04 AM

Ahh I'm back from holiday, super relaxed and its great to see so much progress in the last week.

Stonehedge is back Wink

aristokrat

member

Activity: 114

Merit: 10

How long it takes to mine 1 DRK with r9 270x this days?

njs811

sr. member

Activity: 406

Merit: 250

Quote from: TanteStefana2 on February 15, 2015, 04:52:25 AM

Quote from: tombtc on February 15, 2015, 04:50:22 AM

Quote from: TanteStefana2 on February 15, 2015, 04:47:29 AM

Quote from: njs811 on February 15, 2015, 04:42:37 AM

Quote from: tombtc on February 15, 2015, 04:40:58 AM

The point is we don't want a computer noob to have a masternode.
And we don't want it to be cheap. It's supposed to be expensive. And it looks like it's a good call.

Yes, but wouldn't a future currency be easily accessible to even the most basic of script kitties?

Sorry, I totally don't understand this question. I also disagree with tombtc in that it's dang easy to set up a masternode and there are tons of people willing to help newbies here.

And still there are many people who cannot do that. If you are not able to setup a node using a guide then what is the point to make that even more easier. For the health of the network running a masternode should require at least some skills.

Sure, but if you want to learn those skills, there are plenty of people here to help you, don't you agree? I think generally we're a great helpful group?

I am already well aware of how to setup a masternode. I appreciate the offer though. It does concern me though that it would take a server to set one up. (Or at least recommended) People are still stubborn and will refuse to go to a coin that exist in the cyber world. A coin's best bet is to play to the people.

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: njs811 on February 15, 2015, 04:51:48 AM

If your coin is solid no amount of baiting should be a problem for you.

LOL, you're funny. But one does get tired..... oh so tired...

njs811

sr. member

Activity: 406

Merit: 250

Quote from: gross on February 15, 2015, 04:50:42 AM

Oh shit. Does Darkcoin come back to 0.006 or break 0.0161 in near future Huh

I think it will drop down to .008 and then rise.

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: tombtc on February 15, 2015, 04:50:22 AM

Quote from: TanteStefana2 on February 15, 2015, 04:47:29 AM

Quote from: njs811 on February 15, 2015, 04:42:37 AM

Quote from: tombtc on February 15, 2015, 04:40:58 AM

The point is we don't want a computer noob to have a masternode.
And we don't want it to be cheap. It's supposed to be expensive. And it looks like it's a good call.

Yes, but wouldn't a future currency be easily accessible to even the most basic of script kitties?

Sorry, I totally don't understand this question. I also disagree with tombtc in that it's dang easy to set up a masternode and there are tons of people willing to help newbies here.

And still there are many people who cannot do that. If you are not able to setup a node using a guide then what is the point to make that even more easier. For the health of the network running a masternode should require at least some skills.

Sure, but if you want to learn those skills, there are plenty of people here to help you, don't you agree? I think generally we're a great helpful group?

njs811

sr. member

Activity: 406

Merit: 250

Quote from: TanteStefana2 on February 15, 2015, 04:50:46 AM

Quote from: njs811 on February 15, 2015, 04:47:18 AM

Quote from: TanteStefana2 on February 15, 2015, 04:45:25 AM

Quote from: njs811 on February 15, 2015, 04:38:25 AM

Now how do you feel about decentralization? If setting up a MN is difficult or expensive how many people have them? Does decentralization bother you?

With over 2000 masternodes running now, it's hardly centralized, plus that is only half the function of the network. We still have miners and our difficulty is high, so no fear there.

As for difficulty, if I can do this, and there must be 20+ tutorials out there, anyone can do it! Seriously, it's not hard!

Finally, DDOS attacks are when malicious people swarm your ip addresses with requests, like download requests, etc... until you bandwidth is overwhelmed and your internet is shut down (for all intent and purposes) Big sites have to deal with this all the time. It will help when IP obfuscation is implemented with the MN network.

Is that implementation expected to happen soon?

Yup, I believe it's next on the agenda. Now I'm tiring of your baiting, sorry.

Have some cookies! You'll feel better in the morning

If your coin is solid no amount of baiting should be a problem for you.

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: njs811 on February 15, 2015, 04:47:18 AM

Quote from: TanteStefana2 on February 15, 2015, 04:45:25 AM

Quote from: njs811 on February 15, 2015, 04:38:25 AM

Now how do you feel about decentralization? If setting up a MN is difficult or expensive how many people have them? Does decentralization bother you?

With over 2000 masternodes running now, it's hardly centralized, plus that is only half the function of the network. We still have miners and our difficulty is high, so no fear there.

As for difficulty, if I can do this, and there must be 20+ tutorials out there, anyone can do it! Seriously, it's not hard!

Finally, DDOS attacks are when malicious people swarm your ip addresses with requests, like download requests, etc... until you bandwidth is overwhelmed and your internet is shut down (for all intent and purposes) Big sites have to deal with this all the time. It will help when IP obfuscation is implemented with the MN network.

Is that implementation expected to happen soon?

Yup, I believe it's next on the agenda. Now I'm tiring of your baiting, sorry.

Have some cookies! You'll feel better in the morning

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2974. (Read 9723796 times)