[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3073.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: toknormal on February 06, 2015, 06:03:57 PM

Only thing is - does the Darkcoin network still have any hashrate after all this masternode stuff ? A paultry 100 GH/s. 1% of Maza coin's hashrate.

Should I be concerned about that ? It is a POW coin after all.

At coin school I was taught that a high hashrate was good for security.

Maza coin is SHA 256, mined on ASICs. You can't compare it to Darkcoin - X11 mined on GPUs - and derive much of meaning from those numbers alone. And security relies on distribution, something Darkcoin's hashrate doesn't enjoy much of.

It would actually cost you far more to rent 100 GH/s X11 per day (if you even could) than 100 TH/s SHA 256.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: coins101 on February 06, 2015, 05:35:51 PM

so basically, put a watch alert on master node count if you are trading?

Sort of.

What we all should be celebrating is that this economic mechanism is working. I never thought it would.

Way back last year I remember seeing the Darkcoin strategic roadmap for maintaining a minimal masternode population using a supply / demand formula where the coin valuation traded off against the masternode population.

At the time I thought to myself "nice theory, but life is chaotic - good luck in making that work in practice. Setting up masternodes is a hassle and we'll be lucky if we get 100".

Look now - we've got 2000. I really can't believe it. The formula's working. Only thing is - does the Darkcoin network still have any hashrate after all this masternode stuff ? A paultry 100 GH/s. 0.1% of Maza coin's hashrate.

Should I be concerned about that ? It is a POW coin after all.

At coin school I was taught that a high hashrate was good for security.

EDIT: It's just been pointed out to me that I'm mixing apple's and pears with mining algo's. Sorry about that. Back to coin school for some revision for me Embarrassed

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: ?? on ??

masternode count vs drk chart, same timelime, looking moonich..

so basically, put a watch alert on master node count if you are trading?

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Close to NXT folks! We've been behind them for a considerable time. I expect so serious trading considerations if we overtake and hold position. With IX in its final phase of testing, couldn't have come at a better time!! Also technical analysis seems to favor a bullish run for DRK it seems, so we really have something good going on right now.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: anonymousxx1503 on February 06, 2015, 01:57:23 PM

Filtering by non-mineable and premined is the best way to look at it really.

Oh yes. That looks much better Wink

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: toknormal on February 06, 2015, 01:43:12 PM

Quote from: ddink7 on February 06, 2015, 01:09:40 PM

They got a brief bump but then I think the market figured out that the only innovation they are able to do is copying and pasting, and reacted accordingly.

Totally agree. I stayed out of the pump for exactly that reason. I thought - "all the value's in 3rd party technologies; Etherium & Bitcoin".

But why then does Paycoin have such a high market cap ?

Lets review the top 10:

Bitcoin - I can understand, great project
Ripple - ok, grudgingly, it's not "crypto" but banks can use it
Litecoin - historical reasons but still has high liquidity markets
BitShares - I can understand, great project

Paycoin - Huh

?

Dogecoin - I can understand - great project on the adoption side (although I wouldn't put my hard earned BTC into it)
Stellar - don't know a thing about it, need to read this
MaidSafeCoin - I can understand - great project (not invested)
NxT - I can understand - great project
DRK - I can understand - great project

8 of those occupy absolutely unique territory. (Apart from possibly Bitcoin, Litecoin and Dogue which are kind of a shared space).

To me, Paycoin seems the only one that like.....w.t.f. is it doing there Huh

It's not hard to understand toknormal - It's almost all of it premined. It's artificially inflated and something like 90%+ of coins aren't in circulation but controlled by one entity. It's pure garbage. Look at the 2 stars next to it on coinmarketcap.

Filtering by non-mineable and premined is the best way to look at it really.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: ddink7 on February 06, 2015, 01:09:40 PM

They got a brief bump but then I think the market figured out that the only innovation they are able to do is copying and pasting, and reacted accordingly.

Totally agree. I stayed out of the pump for exactly that reason. I thought - "all the value's in 3rd party technologies; Etherium & Bitcoin".

But why then does Paycoin have such a high market cap ?

Lets review the top 10:

Bitcoin - I can understand, great project
Ripple - ok, grudgingly, it's not "crypto" but banks can use it
Litecoin - historical reasons but still has high liquidity markets
BitShares - I can understand, great project

Paycoin - Huh

?

Dogecoin - I can understand - great project on the adoption side (although I wouldn't put my hard earned BTC into it)
Stellar - don't know a thing about it, need to read this
MaidSafeCoin - I can understand - great project (not invested)
NxT - I can understand - great project
DRK - I can understand - great project

8 of those occupy absolutely unique territory. (Apart from possibly Bitcoin, Litecoin and Dogue which are kind of a shared space).

To me, Paycoin seems the only one that like.....w.t.f. is it doing there Huh

Otoh

donator

Activity: 3136

Merit: 1167

Quote from: Artoodeetoo on February 06, 2015, 06:39:24 AM

Quote from: Frank.Dux on February 06, 2015, 06:34:31 AM

0.0081 wall growing slowly. otoh is that your new growing wall from magic: the gathering

I think there are other whales basking in these waters now....

Quote from: ?? on ??

that fine to me if we raise about 0.001 every week.

A couple of days ago I moved the floor up to .0074 which is really just for chart visibility, but I've placed no other orders and neither bought nor sold any since my .00666 wall got nibbled a bit.

TaoOfSaatoshi

legendary

Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Quote from: fernando on February 06, 2015, 12:26:38 PM

Quote from: LucD88 on February 06, 2015, 12:18:25 PM

Hey guys, I finally finished the guide on how to use the Darkcoin wallet on Windows. Please leave me some feedback to improve it even further!

https://darkcointalk.org/threads/guide-for-darkcoin-wallet-windows-rev1-1-updated-06-february-2015.3881/

Now.. back to translating the wallet! Grin

That looks amazing!

Agreed. The Darkcoin Chameleon likes:

https://twitter.com/TaoOfSatoshi/status/563762942101843969?s=09

ddink7

legendary

Activity: 1120

Merit: 1000

Quote from: toknormal on February 06, 2015, 12:06:42 PM

Why is Counterparty sinking so fast ?

Because all the devs know how to do is steal other people's work? I was an original investor in the proof-of-burn and used to have a lot of respect for the Counterparty devs. But when you blatantly life someone else's work (Ethereum's), even if it is open-source, I lose a great deal of respect for you.

They got a brief bump but then I think the market figured out that the only innovation they are able to do is copying and pasting, and reacted accordingly.

fernando

hero member

Activity: 560

Merit: 500

Quote from: LucD88 on February 06, 2015, 12:18:25 PM

Hey guys, I finally finished the guide on how to use the Darkcoin wallet on Windows. Please leave me some feedback to improve it even further!

https://darkcointalk.org/threads/guide-for-darkcoin-wallet-windows-rev1-1-updated-06-february-2015.3881/

Now.. back to translating the wallet! Grin

That looks amazing!

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: LucD88 on February 06, 2015, 12:18:25 PM

Hey guys, I finally finished the guide on how to use the Darkcoin wallet on Windows. Please leave me some feedback to improve it even further!

https://darkcointalk.org/threads/guide-for-darkcoin-wallet-windows-rev1-1-updated-06-february-2015.3881/

Now.. back to translating the wallet! Grin

Wow!! Top job! Nice dude!

LucD88

hero member

Activity: 525

Merit: 510

Hey guys, I finally finished the guide on how to use the Darkcoin wallet on Windows. Please leave me some feedback to improve it even further!

https://darkcointalk.org/threads/guide-for-darkcoin-wallet-windows-rev1-1-updated-06-february-2015.3881/

Now.. back to translating the wallet! Grin

fernando

hero member

Activity: 560

Merit: 500

Quote from: toknormal on February 06, 2015, 12:06:42 PM

Why is Counterparty sinking so fast ?

The only thing I've heard from them recently is that the two Counterparty founder developers that had joined the Medici project (Overstock's CEO Patrick Byrne project to "replace Wall Street") are no longer part of that project. Apparently Byrne wants Medici to work on all blockchain's not just on Conterparty/Bitcoin. Being associated with Byrne can only be good, so maybe not being associated with him any more could be interpreted as if there is a problem? I've never understood markets...

toknormal

legendary

Activity: 3066

Merit: 1188

Why is Counterparty sinking so fast ?

toknormal

legendary

Activity: 3066

Merit: 1188

******** Reading Alert **********

This article is doing the rounds of crypto gossip columns.

A 15,000 word epic on the battle to "replace bitcoin" (as the author puts it)......

http://observer.com/2015/02/the-race-to-replace-bitcoin/

stonehedge

legendary

Activity: 1722

Merit: 1002

Decentralize Everything

Quote from: Rux on February 06, 2015, 11:41:44 AM

oh boy i missed these trolls Cheesy

and now big time troll ...

0.02 are we there yet? Grin

I'm going to the mountains for a week now. I expect big things when I return

Rux

legendary

Activity: 1291

Merit: 1024

https://crypto.ba

oh boy i missed these trolls Cheesy

and now big time troll ...

0.02 are we there yet? Grin

BiteMyShinyMetalAss

hero member

Activity: 617

Merit: 509

Crypto Card - https://platinum.crypto.com/r/28cz7d

Quote from: Frank.Dux on February 06, 2015, 10:06:22 AM

i do not think everyone is trader. there are too many people that does not know how to trade. average people does not trade weekly basis.

Does not matter how many people trade or dont trade, its enought for small percentage of traders to affect the price. In fact, random people barelly affect the price, is the few big players that do all manipulations.

Sub-Ether

sr. member

Activity: 434

Merit: 250

Quantum entangled and jump drive assisted messages

Quote from: GhostPlayer on February 06, 2015, 10:59:26 AM

Quote from: Hippie Tech on February 06, 2015, 10:53:37 AM

Post some links or stfu.

Buuuuuuaaaaaa!!!! I'm telling my moooooommmyyyy!!! You bully !!!

I'm not playing with you anymore. So there Tongue

The best and most useful bitchez are the ones that don't realize they are bitchez.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3073. (Read 9723748 times)