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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3781. (Read 9723733 times)

sr. member
Activity: 462
Merit: 250
www.dashpay.io
Is there a reason to aim for 3k Masternodes?

Any future plan that requires as many, or just decentralized objective?

One reason is security - the more there are masternodes, the harder it is for an adversary to buy / hack a meaningful percentage.

And when we have overtaken bitcoin, and drk is the new world currency and everyone is using it except for shojayxt, we need more nodes to be able to serve all that traffic.

Edit: I didn't see Shojayxt's post until someone quoted it...

Shojayxt I give you 2 weeks, you can't help yourself, you love to hate DRK ;p
full member
Activity: 210
Merit: 100
Need To Contact Me? Go To My Site!
And when we have overtaken bitcoin, and drk is the new world currency and everyone is using it except for shojayxt, we need more nodes to be able to serve all that traffic.
I'm not so sure your shojayxt claim. He is putting up a masternode soon. We may have turned a corner...OMG, unignore shojayxt? What the hell is happening here?

People change

Welcome back  Wink
legendary
Activity: 1988
Merit: 1000
And when we have overtaken bitcoin, and drk is the new world currency and everyone is using it except for shojayxt, we need more nodes to be able to serve all that traffic.
I'm not so sure your shojayxt claim. He is putting up a masternode soon. We may have turned a corner...OMG, unignore shojayxt? What the hell is happening here?

People change

Wow guys, something big coming if troll stop trollin and get in
full member
Activity: 125
Merit: 100
For anyone who's interested, a sneak peak at the next release of Darkcoin:

TLDR:

- Next release will go out in the next two days probably, I'm going with the community and calling it "The Onyx Release"
- It features mandatory, non-exploitable Masternode payments.
- Masternode payments are completely predictable now. I.e., if there's 2000 masternodes you can expect 1 payment every 4 days (divide the amount of nodes by the blocks per day to get your ROI).
- Masternode payments will go to 25% one week from release (non-manditory)
- Afterwards I encourage the community to find the pools still paying 20% and contact them to make sure they update their stratum before it's too late
- Masternode payments beyond that will increase to 30% in November, 35% in December and continue on until we get at least 3000 masternodes.
- Huge security updates to Darksend. It's much more robust and can take a beating.



It's a true proof-of-service setup now. Each new node has a 1 in N (total number of masternodes) chance of receiving a payment each block. After a payment, they must wait N blocks to receive another one (give or take 10%). There's no room for gaming the system because it's using math based off of the proof-of-work to prove the node won, plus you'd have to wait 15 confirmations each time you moved money around and that takes from your profit too.

Will enforcement be turned on for future increase in block reward? or will this be goodwill based? this is not really clear to me cuz of the 'non-mandatory'

Great work otherwise

Greetz


With the new system reward increases and payee are enforced.

Mr Duffield,

I was going to send you a PM but I thought it better that everyone read this.

I have allowed my petty arguments with a few individuals to spill over into attacks on Darkcoin.  For that I apologize.  

Also, I am going to decline taking your 1000 DRK bet.  I gave a friend a few btc to look through the code.  If anything is found I'll send you the details.  But realistically, we don't have the time or desire to spend on this.  Like I said, I allowed my arguments with a few individuals to turn into an attack on your coin.  

I'm done being negative towards Darkcoin.  Darkcoin was the first coin I mined and the first coin I got involved with after a friend introduced me to Crypto last January/February.  I actually feel bad for the way I've treated it.  

So I'm back in!  Setting up one masternode maybe more in the future.  We'll see.  I am going to support rather than attack Darkcoin from here on out.

Cryptsy just sent me my DRK!  Masternode within the hour!

shojayxt

Good for you shojayxt!  Smiley
legendary
Activity: 896
Merit: 1001
And when we have overtaken bitcoin, and drk is the new world currency and everyone is using it except for shojayxt, we need more nodes to be able to serve all that traffic.
I'm not so sure your shojayxt claim. He is putting up a masternode soon. We may have turned a corner...OMG, unignore shojayxt? What the hell is happening here?

People change
legendary
Activity: 896
Merit: 1001
For anyone who's interested, a sneak peak at the next release of Darkcoin:

TLDR:

- Next release will go out in the next two days probably, I'm going with the community and calling it "The Onyx Release"
- It features mandatory, non-exploitable Masternode payments.
- Masternode payments are completely predictable now. I.e., if there's 2000 masternodes you can expect 1 payment every 4 days (divide the amount of nodes by the blocks per day to get your ROI).
- Masternode payments will go to 25% one week from release (non-manditory)
- Afterwards I encourage the community to find the pools still paying 20% and contact them to make sure they update their stratum before it's too late
- Masternode payments beyond that will increase to 30% in November, 35% in December and continue on until we get at least 3000 masternodes.
- Huge security updates to Darksend. It's much more robust and can take a beating.



It's a true proof-of-service setup now. Each new node has a 1 in N (total number of masternodes) chance of receiving a payment each block. After a payment, they must wait N blocks to receive another one (give or take 10%). There's no room for gaming the system because it's using math based off of the proof-of-work to prove the node won, plus you'd have to wait 15 confirmations each time you moved money around and that takes from your profit too.

Will enforcement be turned on for future increase in block reward? or will this be goodwill based? this is not really clear to me cuz of the 'non-mandatory'

Great work otherwise

Greetz


With the new system reward increases and payee are enforced.

Mr Duffield,

I was going to send you a PM but I thought it better that everyone read this.

I have allowed my petty arguments with a few individuals to spill over into attacks on Darkcoin.  For that I apologize.  

Also, I am going to decline taking your 1000 DRK bet.  I gave a friend a few btc to look through the code.  If anything is found I'll send you the details.  But realistically, we don't have the time or desire to spend on this.  Like I said, I allowed my arguments with a few individuals to turn into an attack on your coin.  

I'm done being negative towards Darkcoin.  Darkcoin was the first coin I mined and the first coin I got involved with after a friend introduced me to Crypto last January/February.  I actually feel bad for the way I've treated it.  

So I'm back in!  Setting up one masternode maybe more in the future.  We'll see.  I am going to support rather than attack Darkcoin from here on out.

Cryptsy just sent me my DRK!  Masternode within the hour!

shojayxt
legendary
Activity: 1442
Merit: 1018
I'm not so sure your shojayxt claim. He is putting up a masternode soon. We may have turned a corner...OMG, unignore shojayxt? What the hell is happening here?

He's ran a masternode before. I'm sure he'll be taking it down though when price rises similar to what happened before.
hero member
Activity: 525
Merit: 500
And when we have overtaken bitcoin, and drk is the new world currency and everyone is using it except for shojayxt, we need more nodes to be able to serve all that traffic.
I'm not so sure your shojayxt claim. He is putting up a masternode soon. We may have turned a corner...OMG, unignore shojayxt? What the hell is happening here?
legendary
Activity: 1834
Merit: 1023
For anyone who's interested, a sneak peak at the next release of Darkcoin:

TLDR:

- Next release will go out in the next two days probably, I'm going with the community and calling it "The Onyx Release"
- It features mandatory, non-exploitable Masternode payments.
- Masternode payments are completely predictable now. I.e., if there's 2000 masternodes you can expect 1 payment every 4 days (divide the amount of nodes by the blocks per day to get your ROI).
- Masternode payments will go to 25% one week from release (non-manditory)
- Afterwards I encourage the community to find the pools still paying 20% and contact them to make sure they update their stratum before it's too late
- Masternode payments beyond that will increase to 30% in November, 35% in December and continue on until we get at least 3000 masternodes.
- Huge security updates to Darksend. It's much more robust and can take a beating.



It's a true proof-of-service setup now. Each new node has a 1 in N (total number of masternodes) chance of receiving a payment each block. After a payment, they must wait N blocks to receive another one (give or take 10%). There's no room for gaming the system because it's using math based off of the proof-of-work to prove the node won, plus you'd have to wait 15 confirmations each time you moved money around and that takes from your profit too.

Will enforcement be turned on for future increase in block reward? or will this be goodwill based? this is not really clear to me cuz of the 'non-mandatory'

Great work otherwise

Greetz


With the new system reward increases and payee are enforced.

Is there a reason to aim for 3k Masternodes?

Any future plan that requires as many, or just decentralized objective?

security !
member
Activity: 258
Merit: 10
Darkcoin just jumped two places up with 9.2% increase to secure the 5th spot on coinmarketcap.com.



I look at charts like this and remember Krisov Atlas' rant about why the hell LTC was worth anything at all, and remember thinking at the time that everything he was deriding LTC for could equally well be applied to BTC.

DRK wins on all technical fronts, and the lead is growing. We just haven't told the people who matter (enough) about it yet.



Shhhhhh I need more masternodes...  Cool

I posted this chart so that trolls get irritated and start to dump their darks Wink Then everyone could sweep the cheap coins fast, just like we did today and yesterday.

DRK position in http://coinmarketcap.com/ is #8
legendary
Activity: 1988
Merit: 1000

It could be cool to reduce the amount of DRK to set up a Masternode !

I don't have enought buck to buy 1000 DRK(6BTC, 2280$ )

Reduce it 2x,and I could buy ,not only me,but a bunch of people that doesn't have 2k$ right now

It's not going to happen. Your best bet is a masternode share group.

sound quite interesting,thanks! Smiley
legendary
Activity: 966
Merit: 1000

It could be cool to reduce the amount of DRK to set up a Masternode !

I don't have enought buck to buy 1000 DRK(6BTC, 2280$ )

Reduce it 2x,and I could buy ,not only me,but a bunch of people that doesn't have 2k$ right now

It's not going to happen. Your best bet is a masternode share group.

Advertise for partners on darkcointalk - I did and now run two more masternodes that I have shares in, earning me money that I wouldn't otherwise have been earning.

Or try flare's new service: https://darkcointalk.org/threads/service-masternode-hosting-service.2648/#post-25071
hero member
Activity: 966
Merit: 1003
Is there a reason to aim for 3k Masternodes?

Any future plan that requires as many, or just decentralized objective?

One reason is security - the more there are masternodes, the harder it is for an adversary to buy / hack a meaningful percentage.

And when we have overtaken bitcoin, and drk is the new world currency and everyone is using it except for shojayxt, we need more nodes to be able to serve all that traffic.
full member
Activity: 210
Merit: 100
Darkcoin just jumped two places up with 9.2% increase to secure the 5th spot on coinmarketcap.com.



I look at charts like this and remember Krisov Atlas' rant about why the hell LTC was worth anything at all, and remember thinking at the time that everything he was deriding LTC for could equally well be applied to BTC.

DRK wins on all technical fronts, and the lead is growing. We just haven't told the people who matter (enough) about it yet.



Shhhhhh I need more masternodes...  Cool

I posted this chart so that trolls get irritated and start to dump their darks Wink Then everyone could sweep the cheap coins fast, just like we did today and yesterday.
sr. member
Activity: 294
Merit: 250
For anyone who's interested, a sneak peak at the next release of Darkcoin:

TLDR:

- Next release will go out in the next two days probably, I'm going with the community and calling it "The Onyx Release"
- It features mandatory, non-exploitable Masternode payments.
- Masternode payments are completely predictable now. I.e., if there's 2000 masternodes you can expect 1 payment every 4 days (divide the amount of nodes by the blocks per day to get your ROI).
- Masternode payments will go to 25% one week from release (non-manditory)
- Afterwards I encourage the community to find the pools still paying 20% and contact them to make sure they update their stratum before it's too late
- Masternode payments beyond that will increase to 30% in November, 35% in December and continue on until we get at least 3000 masternodes.
- Huge security updates to Darksend. It's much more robust and can take a beating.



It's a true proof-of-service setup now. Each new node has a 1 in N (total number of masternodes) chance of receiving a payment each block. After a payment, they must wait N blocks to receive another one (give or take 10%). There's no room for gaming the system because it's using math based off of the proof-of-work to prove the node won, plus you'd have to wait 15 confirmations each time you moved money around and that takes from your profit too.

Will enforcement be turned on for future increase in block reward? or will this be goodwill based? this is not really clear to me cuz of the 'non-mandatory'

Great work otherwise

Greetz


With the new system reward increases and payee are enforced.

Is there a reason to aim for 3k Masternodes?

Any future plan that requires as many, or just decentralized objective?
legendary
Activity: 1442
Merit: 1018

It could be cool to reduce the amount of DRK to set up a Masternode !

I don't have enought buck to buy 1000 DRK(6BTC, 2280$ )

Reduce it 2x,and I could buy ,not only me,but a bunch of people that doesn't have 2k$ right now

It's not going to happen. Your best bet is a masternode share group.
legendary
Activity: 1176
Merit: 1036
Dash Developer
For anyone who's interested, a sneak peak at the next release of Darkcoin:

TLDR:

- Next release will go out in the next two days probably, I'm going with the community and calling it "The Onyx Release"
- It features mandatory, non-exploitable Masternode payments.
- Masternode payments are completely predictable now. I.e., if there's 2000 masternodes you can expect 1 payment every 4 days (divide the amount of nodes by the blocks per day to get your ROI).
- Masternode payments will go to 25% one week from release (non-manditory)
- Afterwards I encourage the community to find the pools still paying 20% and contact them to make sure they update their stratum before it's too late
- Masternode payments beyond that will increase to 30% in November, 35% in December and continue on until we get at least 3000 masternodes.
- Huge security updates to Darksend. It's much more robust and can take a beating.



It's a true proof-of-service setup now. Each new node has a 1 in N (total number of masternodes) chance of receiving a payment each block. After a payment, they must wait N blocks to receive another one (give or take 10%). There's no room for gaming the system because it's using math based off of the proof-of-work to prove the node won, plus you'd have to wait 15 confirmations each time you moved money around and that takes from your profit too.

Will enforcement be turned on for future increase in block reward? or will this be goodwill based? this is not really clear to me cuz of the 'non-mandatory'

Great work otherwise

Greetz


With the new system reward increases and payee are enforced.
hero member
Activity: 503
Merit: 500
Na Zdorovie!
legendary
Activity: 1988
Merit: 1000
Darkcoin just jumped two places up with 9.2% increase to secure the 5th spot on coinmarketcap.com.



I look at charts like this and remember Krisov Atlas' rant about why the hell LTC was worth anything at all, and remember thinking at the time that everything he was deriding LTC for could equally well be applied to BTC.

DRK wins on all technical fronts, and the lead is growing. We just haven't told the people who matter (enough) about it yet.



Shhhhhh I need more masternodes...  Cool

It could be cool to reduce the amount of DRK to set up a Masternode !

I don't have enought buck to buy 1000 DRK(6BTC, 2280$ )

Reduce it 2x,and I could buy ,not only me,but a bunch of people that doesn't have 2k$ right now
legendary
Activity: 1052
Merit: 1004
Darkcoin just jumped two places up with 9.2% increase to secure the 5th spot on coinmarketcap.com.



I look at charts like this and remember Krisov Atlas' rant about why the hell LTC was worth anything at all, and remember thinking at the time that everything he was deriding LTC for could equally well be applied to BTC.

DRK wins on all technical fronts, and the lead is growing. We just haven't told the people who matter (enough) about it yet.



Shhhhhh I need more masternodes...  Cool
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