Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.
Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.
Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.
If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!
I agree, others agree, please post here:
https://darkcointalk.org/threads/v10-15-onyx-release.2683/Solutions have been proposed...
Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.
Agreed. I wonder if Evan would be open to even
considering moving to a Masternode/Proof of Stake system. Making DRK a PoS coin where staking is done via operating a masternode. We could drop the Masternode cost to allow more democratic distribution. Of course pooled masternode services would lead to centralization analogous to the mining pool problem. But if we could make it easy enough for the average user to operate a masternode, there would be no need for pools. Why couldn't operating a masternode be done via the qt client? Keep 500 DRK in local wallet. Unlock wallet for staking only (a.k.a. masternode start). Most folks could run this on their personal PC. If you want to run more than one masternode or need a beefier system, rent a server.
I know many people are opposed to proof of stake coins. One of my own personal complaints against them is that most coin distribution was done via a very short mining period to a few large miners. In the case of darkcoin, distribution is already completed via months of purely democratic market based means.
I just finished listening to Dan Larimer on
LTB # 155 and he reinforced my sentiment that PoS offers advantages over PoW, especially in terms of centralization.
Gonna start my first thread on darkcointalk see if there is overwhelming backlash against this idea.