Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3575. (Read 9723733 times)
November 08, 2014, 05:07:37 PM
Further endorsement of the 2-tier approach.
November 08, 2014, 05:05:29 PM
Price just hit 8 on Cryptsy.
1587 DRK shot went through @ 79
Holy shit balls.
November 08, 2014, 04:58:57 PM
Still cannot get over suddenly crypto is transacting faster than visa.. This is astounding.
November 08, 2014, 04:53:21 PM
I think you're missing the critical part of what's happening. When a client receives a transaction lock, they have cryptographic proof that 10 masternodes signed off on the transaction in question. That also means that the masternodes didn't detect anything funny happening while observing the network during the transaction and that afterwards, no other transaction with the same inputs can possibly enter the pool. It's basically a guarantee that the transaction will end up in a block, so the client will show X confirmations instead of 0. It'll still take 2.5 minutes per block confirmation as they normally happen. When block confirmations > instantxdepth setting, the client starts showing the actual block confirmations.
Thanks for the explanation.
November 08, 2014, 04:49:27 PM
Price just hit 8 on Cryptsy.
1587 DRK shot went through @ 79
November 08, 2014, 04:48:54 PM
But would take longer, cost more? Or what's the catch?
Why would someone want to go for something higher than 100% confirmed?
Why would someone want to go for something higher than 100% confirmed?
Combine with multisig and you have the basis for multiparty temporal contracts. Tx locking on the long scale could be just as revolutionary (or at least useful) as on the short scale. Once locked, you have a guarantee that nobody (or no group) can spend the inputs for x blocks.
I think.
Woah, Nice!
Maybe it doesn't work the way I imagine, but I hope it does, because if it does then Darkcoin just got trustless smart contracts. Anonymous trustless smart contracts.
Maybe Toknormal or coins101 could chime in about the utility of such arcane financial voodoo? Maybe I'm just howling mad, who knows?
November 08, 2014, 04:48:28 PM
Can someone please provide that chart of when masternode payments will be increasing and by how much that was recently released? I can't seem to find it.
Thank you!
Thank you!
Code:
if(nHeight > 158000) ret += blockValue / 20; //25.0% - 2014-10-23
if(nHeight > 158000+((576*30)*1)) ret += blockValue / 20; //30.0% - 2014-11-23
if(nHeight > 158000+((576*30)*2)) ret += blockValue / 20; //35.0% - 2014-12-23
if(nHeight > 158000+((576*30)*3)) ret += blockValue / 40; //37.5% - 2015-01-23
if(nHeight > 158000+((576*30)*4)) ret += blockValue / 40; //40.0% - 2015-02-23
if(nHeight > 158000+((576*30)*5)) ret += blockValue / 40; //42.5% - 2015-03-23
if(nHeight > 158000+((576*30)*6)) ret += blockValue / 40; //45.0% - 2015-04-23
if(nHeight > 158000+((576*30)*7)) ret += blockValue / 40; //47.5% - 2015-05-23
if(nHeight > 158000+((576*30)*9)) ret += blockValue / 40; //50.0% - 2015-07-23
if(nHeight > 158000+((576*30)*11)) ret += blockValue / 40; //52.5% - 2015-09-23
if(nHeight > 158000+((576*30)*13)) ret += blockValue / 40; //55.0% - 2015-11-23
if(nHeight > 158000+((576*30)*15)) ret += blockValue / 40; //57.5% - 2016-01-23
if(nHeight > 158000+((576*30)*17)) ret += blockValue / 40; //60.0% - 2016-03-23
if(nHeight > 158000+((576*30)*1)) ret += blockValue / 20; //30.0% - 2014-11-23
if(nHeight > 158000+((576*30)*2)) ret += blockValue / 20; //35.0% - 2014-12-23
if(nHeight > 158000+((576*30)*3)) ret += blockValue / 40; //37.5% - 2015-01-23
if(nHeight > 158000+((576*30)*4)) ret += blockValue / 40; //40.0% - 2015-02-23
if(nHeight > 158000+((576*30)*5)) ret += blockValue / 40; //42.5% - 2015-03-23
if(nHeight > 158000+((576*30)*6)) ret += blockValue / 40; //45.0% - 2015-04-23
if(nHeight > 158000+((576*30)*7)) ret += blockValue / 40; //47.5% - 2015-05-23
if(nHeight > 158000+((576*30)*9)) ret += blockValue / 40; //50.0% - 2015-07-23
if(nHeight > 158000+((576*30)*11)) ret += blockValue / 40; //52.5% - 2015-09-23
if(nHeight > 158000+((576*30)*13)) ret += blockValue / 40; //55.0% - 2015-11-23
if(nHeight > 158000+((576*30)*15)) ret += blockValue / 40; //57.5% - 2016-01-23
if(nHeight > 158000+((576*30)*17)) ret += blockValue / 40; //60.0% - 2016-03-23
November 08, 2014, 04:46:34 PM
I have a feeling this guy with the 5-8k periodic buys will continue doing the same...
Hope so, he is screwing anyone who is trying to trade on the swings...
Thing is, I had a dream two days ago that DRK would go to 0.00799... it was at 0.0051-54 at that point so didn't give much weight to it. Then the first buy happened, then the second, then the third, then it got to 0.0074... I was like "yeah it's happening"...
A dream come true
pls dream more often
November 08, 2014, 04:40:04 PM
I have a feeling this guy with the 5-8k periodic buys will continue doing the same...
Hope so, he is screwing anyone who is trying to trade on the swings...
Thing is, I had a dream two days ago that DRK would go to 0.00799... it was at 0.0051-54 at that point so didn't give much weight to it. Then the first buy happened, then the second, then the third, then it got to 0.0074... I was like "yeah it's happening"...
A dream come true
November 08, 2014, 04:39:48 PM
But would take longer, cost more? Or what's the catch?
Why would someone want to go for something higher than 100% confirmed?
Why would someone want to go for something higher than 100% confirmed?
Combine with multisig and you have the basis for multiparty temporal contracts. Tx locking on the long scale could be just as revolutionary (or at least useful) as on the short scale. Once locked, you have a guarantee that nobody (or no group) can spend the inputs for x blocks.
I think.
Woah, Nice!
November 08, 2014, 04:39:10 PM
0,008 attack
November 08, 2014, 04:34:43 PM
I have this sort of "rule of thumb" that peak prices during altcoin pumps can never surpass (significantly at meaningful volume) that of the earlier pump(s).
The reason is simple. The sad remnants (aka bagholders) of the earlier pump will be happy to dump with "only as low as ~10%" loss after they got used to the idea of loosing ~50%, so all hell breaks loose in that ~10% region which ignites a free fall.
I am excited to see a "this time is different" scenario playing out in front of my eyes, even though I can't force myself into buying now, so I am just watching.
The reason is simple. The sad remnants (aka bagholders) of the earlier pump will be happy to dump with "only as low as ~10%" loss after they got used to the idea of loosing ~50%, so all hell breaks loose in that ~10% region which ignites a free fall.
I am excited to see a "this time is different" scenario playing out in front of my eyes, even though I can't force myself into buying now, so I am just watching.
;-) dark is not your average altcoin. It is developed by Satoshi "Evan" 2.0
November 08, 2014, 04:30:02 PM
But would take longer, cost more? Or what's the catch?
Why would someone want to go for something higher than 100% confirmed?
Why would someone want to go for something higher than 100% confirmed?
Combine with multisig and you have the basis for multiparty temporal contracts. Tx locking on the long scale could be just as revolutionary (or at least useful) as on the short scale. Once locked, you have a guarantee that nobody (or no group) can spend the inputs for x blocks.
I think.
Nobody has ever complained about their system being too fast, this will positively impact every aspect of blockchain interaction. Clearing houses... Head just exploded again...
November 08, 2014, 04:29:19 PM
I have this sort of "rule of thumb" that peak prices during altcoin pumps can never surpass (significantly at meaningful volume) that of the earlier pump(s).
The reason is simple. The sad remnants (aka bagholders) of the earlier pump will be happy to dump with "only as low as ~10%" loss after they got used to the idea of loosing ~50%, so all hell breaks loose in that ~10% region which ignites a free fall.
I am excited to see a "this time is different" scenario playing out in front of my eyes, even though I can't force myself into buying now, so I am just watching.
The reason is simple. The sad remnants (aka bagholders) of the earlier pump will be happy to dump with "only as low as ~10%" loss after they got used to the idea of loosing ~50%, so all hell breaks loose in that ~10% region which ignites a free fall.
I am excited to see a "this time is different" scenario playing out in front of my eyes, even though I can't force myself into buying now, so I am just watching.
November 08, 2014, 04:27:52 PM
1155 masternodes, if anyone wants to have one spinning during Christmas they better hurry now, or run the risk of not being able to afford any presents for the family anymore.
November 08, 2014, 04:27:24 PM
But would take longer, cost more? Or what's the catch?
Why would someone want to go for something higher than 100% confirmed?
Why would someone want to go for something higher than 100% confirmed?
Combine with multisig and you have the basis for multiparty temporal contracts. Tx locking on the long scale could be just as revolutionary (or at least useful) as on the short scale. Once locked, you have a guarantee that nobody (or no group) can spend the inputs for x blocks.
I think.
November 08, 2014, 04:23:32 PM
But would take longer, cost more? Or what's the catch?
Why would someone want to go for something higher than 100% confirmed?
Why would someone want to go for something higher than 100% confirmed?
Combine with multisig and you have the basis for multiparty temporal contracts. Tx locking on the long scale could be just as revolutionary (or at least useful) as on the short scale. Once locked, you have a guarantee that nobody (or no group) can spend the inputs for x blocks.
I think.
November 08, 2014, 04:21:21 PM
First Ever InstantX Demonstration
https://www.youtube.com/watch?v=zBjUPj-TmFE&feature=youtu.be
Edit: Sorry for terrible audio quality, I need a new mic!
https://www.youtube.com/watch?v=zBjUPj-TmFE&feature=youtu.be
Edit: Sorry for terrible audio quality, I need a new mic!
I don't understand where those 6 confirmations came from.
Your commentary suggest that you explicitly expected not less or more but exactly 6, even though there were no 6 new blocks, nor 6 masternodes, so this number seems to pop out of thin air.
6 block confirmation is considered to be a fully "confirmed" transaction. So if an exchange wants to allow deposits with instant transactions, they could set it to 6 and their systems will recognize it as confirmed. Alternatively, a vendor taking money by default will see 1 confirmation and know the money is safe (without the --instantxdepth parameter set).
Awesome work, evan.
If I understand you correctly an --instanttxdepth higher than 6 is not possible, right?
Any additional number of confirmations will slowly come from the miners confirming the transactions.
But it will never be possible to do an --instanttxdepth = 100.
People will be able to set values from 1 - 6, but not higher, right?
Please correct me if I am wrong.
It can go much higher.
But would take longer? Or what's the catch?
I think you're missing the critical part of what's happening. When a client receives a transaction lock, they have cryptographic proof that 10 masternodes signed off on the transaction in question. That also means that the masternodes didn't detect anything funny happening while observing the network during the transaction and that afterwards, no other transaction with the same inputs can possibly enter the pool. It's basically a guarantee that the transaction will end up in a block, so the client will show X confirmations instead of 0. It'll still take 2.5 minutes per block confirmation as they normally happen. When block confirmations > instantxdepth setting, the client starts showing the actual block confirmations.
November 08, 2014, 04:20:44 PM
Can someone please provide that chart of when masternode payments will be increasing and by how much that was recently released? I can't seem to find it.
Thank you!
Thank you!
https://darkcointalk.org/threads/v10-15-onyx-release.2683/
Thank you!
November 08, 2014, 04:16:32 PM
Can someone please provide that chart of when masternode payments will be increasing and by how much that was recently released? I can't seem to find it.
Thank you!
Thank you!
https://darkcointalk.org/threads/v10-15-onyx-release.2683/
Jump to: