[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3905.

g4q34g4qg47ww

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Activity: 478

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Quote from: tungfa on October 02, 2014, 01:41:48 AM

so "dummy" question:
can we run mining over masternodes and cut out the miners all together ?
Is that technically possible ?

Concerning Possible... I believe yes. But it brings up centralization issues. But there are centralization issues when you have massive pools mining as well. I think it is the question of the day! Certainly something to think about.

stonehedge

legendary

Activity: 1722

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Decentralize Everything

Quote from: tungfa on October 02, 2014, 01:41:48 AM

so "dummy" question:
can we run mining over masternodes and cut out the miners all together ?
Is that technically possible ?

"dummy" answer: No. And this is a good thing too. I don't understand it enough to explain why.

tungfa

legendary

Activity: 1834

Merit: 1023

so "dummy" question:
can we run mining over masternodes and cut out the miners all together ?
Is that technically possible ?

raze182

full member

Activity: 163

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A légpárnás hajóm tele van angolnákkal.

Quote from: dotnetmin on October 02, 2014, 01:27:27 AM

Quote from: Replica on October 01, 2014, 03:21:57 PM

Europol has issued a new report on Internet crime in which it outlined a number of scenarios involving bitcoin.

Called the Internet Organised Crime Threat Assessment (iOCTA), the report examines the use of bitcoin on various dark web sites, by organised crime and individual actors, and calls digital currencies an ‘enabler’ for cryber-criminals and a challenge for law enforcement.

However, it makes a clear distinction between bitcoin and digital currencies designed with true anonymity in mind, like darkcoin, warning:

“We feel it should concern everyone that the latest cyber currencies are intended to be truly anonymous and to facilitate anonymous transactions. We face a situation where law enforcement may be completely unable to trace even very large criminal transactions.”

BUMP

This is a key point for failing the sucesss of DRK coin. The only question is at which point of time will the western world police stop DRK. Its the most thing they are scared about - A anon cash they can't control with their central banks. They will do the same with DRK as they did with gold and silver. They manipulate the markets to scare people and mainstream media will do their work to blame DRK.

Evan as core developer who created DRK is a public person, nothing easier to stop him.
I am behind the DRK project because i think free people need a free money that cant be controled by anyone.
Not to do any crime related things, only to be sure i have privacy, nothing more, nothing less.
But this wish is not realistic in a world with modern slaves. We are nothing more than slaves without wearing chains.

Do yo have a link to the report ?

https://www.europol.europa.eu/sites/default/files/publications/europol_iocta_web.pdf (Darkcoin mentioned by name on pages 34 and 41).

dotnetmin

hero member

Activity: 756

Merit: 500

Quote from: Replica on October 01, 2014, 03:21:57 PM

Europol has issued a new report on Internet crime in which it outlined a number of scenarios involving bitcoin.

Called the Internet Organised Crime Threat Assessment (iOCTA), the report examines the use of bitcoin on various dark web sites, by organised crime and individual actors, and calls digital currencies an ‘enabler’ for cryber-criminals and a challenge for law enforcement.

However, it makes a clear distinction between bitcoin and digital currencies designed with true anonymity in mind, like darkcoin, warning:

“We feel it should concern everyone that the latest cyber currencies are intended to be truly anonymous and to facilitate anonymous transactions. We face a situation where law enforcement may be completely unable to trace even very large criminal transactions.”

BUMP

This is a key point for failing the sucesss of DRK coin. The only question is at which point of time will the western world police stop DRK. Its the most thing they are scared about - A anon cash they can't control with their central banks. They will do the same with DRK as they did with gold and silver. They manipulate the markets to scare people and mainstream media will do their work to blame DRK.

Evan as core developer who created DRK is a public person, nothing easier to stop him.
I am behind the DRK project because i think free people need a free money that cant be controled by anyone.
Not to do any crime related things, only to be sure i have privacy, nothing more, nothing less.
But this wish is not realistic in a world with modern slaves. We are nothing more than slaves without wearing chains.

Do yo have a link to the report ?

Drobek

sr. member

Activity: 504

Merit: 251

Quote from: stealth923 on October 01, 2014, 11:14:43 PM

Quote from: kadrek on October 01, 2014, 11:03:15 PM

Has there been talk of reducing the number of coins for a masternode? I would love to be able to run one or two!

No - the number of coins will stay the same. The reward masternodes get might increase though which imo is great to create a financial equilibrium and strength for the MN network.

agree - would hate to run twice as many VPSes and have twice as much costs as I have know - actually that would cause some of us to drop MN. Like 1,000 as a round number

janos666

hero member

Activity: 588

Merit: 500

Quote from: toknormal on October 01, 2014, 05:42:38 PM

Quote from: jams951 on October 01, 2014, 05:24:39 PM

Because Mintpal is down for 24 hours, can't access funds or anything.

Didn't know that - they seem to be implementing their v2.

Switch to spectating NEOS on Bittrex for a bit of action - somebody just bought 2358 NEOS (which corresponds to about 11,000 DRK by coin supply) for a snip 0.496 BTC. Not bad if you can get the liquidity.

Quote from: toknormal on September 28, 2014, 05:05:26 PM

Shouldn't that be the Dogue "dump" in that case ? People are exiting to USD out of BTC. If they were taking profits from Dogue they'd have to dump Dogue for BTC first.

Personally, I never call the "manipulation" card because to me it's just all supply and demand. But I watched the market just there and what happened was this:

- it was drifting down and got to 376 on very low volume
- some accelerated dumping started which got it down to 364
- at that point, a massive sellwall appeared - about 196 BTC right on the bottom rung of the asks
- at least 120 BTC of it got bought within a minute and the rest either disappeared or got bought
- now the market's on its way back up with 1436 on demand, 586 on offer

In other words, someone was sitting there with $45,000 of off-orderbook budget who knew exactly what they wanted and got it.

Conclusion: institutional investors in stealth mode starting to stock up.

(P.S. The reason I suggested that isn't because they're looking for low prices - they're not - they're looking for liquidity. Bitcoin is very illiquid and grabbing yourself 120 BTC at any given time is going to cause a bit of a splash. To get the liquidity big buyers need you need to shake the tree a lot harder).

Interesting when you put these together.
I often tend to think that I see some "patterns" which could suggest that some form of manipulation is possibly in effect (I am not talking about the crypto gabler, fan cheerleader or coin troll kind of manipulation paranoia but huge spikes and "channel-alignment"), however I never see liquidity problems because that's just supply and demand right there (regardless if it's manipulated or not), for me liquidity (change) is a direct effect of supply and demand (change). No liquidity = the supply or demand just dried up at that price level, so the market needs to find the next correct price (be that either lower or higher). [Or alternatively neither sides care anymore, so the whole market is dead. But that's rare.]

TaoOfSaatoshi

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Dash Nation Founder | CATV Host

Good night guys, I'm off too dream about unthinkable wealth and scantily-clad women. See you tomorrow, Tao

TaoOfSaatoshi

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Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Quote from: kadrek on October 01, 2014, 11:03:15 PM

Has there been talk of reducing the number of coins for a masternode? I would love to be able to run one or two!

ICYMI:

https://darkcointalk.org/threads/development-update-oct-1-2014.2561/

Ignition75

sr. member

Activity: 462

Merit: 250

www.dashpay.io

Quote from: ?? on ??

Quote from: Ignition75 on October 01, 2014, 10:38:44 PM

Quote from: semajjames on October 01, 2014, 10:25:55 PM

Quote from: Ignition75 on October 01, 2014, 10:00:16 PM

Quote from: ?? on ??

Well, actually, I was kind of expecting the 970 and 980 to be flops. Last I had heard, TSMC were having serious issues producing more complex chips such as Maxwell cores at 20nm and nV was just gonna push out scaled-up 750Tis. Either TSMC got their shit together or nVidia has pulled a miracle out of their asses.

Sadly, like a week before I got the money to buy a 970, the 280X in Freya began to show signs of flaking out. Not in any way you'd have a hope in hell citing as a reason for RMA, but it gets hardware errors every now and then - not really bad, but every now and then I'll look up and see 5 HW errors, or 20 once on a nice, long run. Also, there has been several times the avg. hashrate has looked suspiciously off on short-ish runs, like 20min. After spending quite a bit of time watching the miner, it showed that the 280X is throttling for absolutely no reason - being well under 80C. A fan is squeaky, yet still very much functional. Since the farmer I'm working for has mostly 280X cards, not having a 280X to work with is not an option - Freya only mines for profit when I'm not testing, and then mostly in the winter; the usage is more as lab equipment first and miner second. So, I watched as NewEgg got the EVGA 970 I wanted in stock... and then did the responsible thing and got a 280X. Should be a better one, and it arrived today, so I'm glad. Kinda.

Anyway, thank you for the offer and for being reasonable - the latter something that seems to be absent from many of those frequenting this thread - and while I would very much like to accept it right the fuck now, I can't at the moment, because I don't backstab people I do business with. However, don't take that as me declining it, either - I may be able to in the future, and I would like that.

OK well we've had very successful crowd funded projects in the past, I'm not sure if an optimised x11 miner would benefit absolutely everyone here as I'm not sure how many people mine x11 these days.

Perhaps it could be semi-private, let me know when you think you have some spare time coming up and I'll see if I can round a group of x11 miners together to fund an optimisation exercise.

+100
There's a lot of talk on this thread about ppl buying DRK and master nodes making more DRK for their owner's from miner's, which is all good stuff and relevant/good for DRK, so it's good to see some chat from the mining point of view especially some of the point's that have been bashed out

And Wolf0, I'm not talking about you spending a couple of hours here and there playing around. Start with a clean sheet of paper, go to the top of the mountain, meditate in front of a white wall... Do whatever you need to do to give us magic, I will do my best to make sure you get paid for your efforts and the whole community can enjoy the benefits...

If I did a clean rewrite of all of this, it would take me aaaaaages xD

At least replacing one alg at a time lets you give it a good test - if you get loads of HW errors, you dun fucked it up. Narrows down the places bugs could be. Oh, just so you know - this all applies to X13/X15, as well.

Hehe OK but you know what I mean, with Evan looking to find the natural balancing point between Masternode Numbers and Miner Rewards, anything that boosts the output for mining x11 can only help.

Have a think about how much time you would need and also if you need any additional cards for testing purposes etc, we could plan this right and have a good crack at it.

Thanks dude...

kadrek

sr. member

Activity: 327

Merit: 250

Quote from: HinnomTX on October 01, 2014, 11:14:24 PM

Quote from: kadrek on October 01, 2014, 11:03:15 PM

Has there been talk of reducing the number of coins for a masternode? I would love to be able to run one or two!

On DCT the discussion considered reducing the number of coins, but the consensus was it would not benefit the security of the masternode network. An alternate suggestion was made to allow pooling of DRK such that several people could trustlessly use their DRK together to run a masternode. Evan said he would look into supporting this. It will open up the coin to smaller investors who are interested but don't have the scratch to pick up 1k DRK.

Thanks, sounds interesting.

stealth923

legendary

Activity: 1036

Merit: 1000

Quote from: kadrek on October 01, 2014, 11:03:15 PM

Has there been talk of reducing the number of coins for a masternode? I would love to be able to run one or two!

No - the number of coins will stay the same. The reward masternodes get might increase though which imo is great to create a financial equilibrium and strength for the MN network.

HinnomTX

hero member

Activity: 525

Merit: 500

Quote from: kadrek on October 01, 2014, 11:03:15 PM

Has there been talk of reducing the number of coins for a masternode? I would love to be able to run one or two!

On DCT the discussion considered reducing the number of coins, but the consensus was it would not benefit the security of the masternode network. An alternate suggestion was made to allow pooling of DRK such that several people could trustlessly use their DRK together to run a masternode. Evan said he would look into supporting this. It will open up the coin to smaller investors who are interested but don't have the scratch to pick up 1k DRK.

kadrek

sr. member

Activity: 327

Merit: 250

Has there been talk of reducing the number of coins for a masternode? I would love to be able to run one or two!

Ignition75

sr. member

Activity: 462

Merit: 250

www.dashpay.io

Quote from: semajjames on October 01, 2014, 10:25:55 PM

Quote from: Ignition75 on October 01, 2014, 10:00:16 PM

Quote from: ?? on ??

Well, actually, I was kind of expecting the 970 and 980 to be flops. Last I had heard, TSMC were having serious issues producing more complex chips such as Maxwell cores at 20nm and nV was just gonna push out scaled-up 750Tis. Either TSMC got their shit together or nVidia has pulled a miracle out of their asses.

Sadly, like a week before I got the money to buy a 970, the 280X in Freya began to show signs of flaking out. Not in any way you'd have a hope in hell citing as a reason for RMA, but it gets hardware errors every now and then - not really bad, but every now and then I'll look up and see 5 HW errors, or 20 once on a nice, long run. Also, there has been several times the avg. hashrate has looked suspiciously off on short-ish runs, like 20min. After spending quite a bit of time watching the miner, it showed that the 280X is throttling for absolutely no reason - being well under 80C. A fan is squeaky, yet still very much functional. Since the farmer I'm working for has mostly 280X cards, not having a 280X to work with is not an option - Freya only mines for profit when I'm not testing, and then mostly in the winter; the usage is more as lab equipment first and miner second. So, I watched as NewEgg got the EVGA 970 I wanted in stock... and then did the responsible thing and got a 280X. Should be a better one, and it arrived today, so I'm glad. Kinda.

Anyway, thank you for the offer and for being reasonable - the latter something that seems to be absent from many of those frequenting this thread - and while I would very much like to accept it right the fuck now, I can't at the moment, because I don't backstab people I do business with. However, don't take that as me declining it, either - I may be able to in the future, and I would like that.

OK well we've had very successful crowd funded projects in the past, I'm not sure if an optimised x11 miner would benefit absolutely everyone here as I'm not sure how many people mine x11 these days.

Perhaps it could be semi-private, let me know when you think you have some spare time coming up and I'll see if I can round a group of x11 miners together to fund an optimisation exercise.

+100
There's a lot of talk on this thread about ppl buying DRK and master nodes making more DRK for their owner's from miner's, which is all good stuff and relevant/good for DRK, so it's good to see some chat from the mining point of view especially some of the point's that have been bashed out

And Wolf0, I'm not talking about you spending a couple of hours here and there playing around. Start with a clean sheet of paper, go to the top of the mountain, meditate in front of a white wall... Do whatever you need to do to give us magic, I will do my best to make sure you get paid for your efforts and the whole community can enjoy the benefits...

semajjames

hero member

Activity: 528

Merit: 500

Quote from: Ignition75 on October 01, 2014, 10:00:16 PM

Quote from: ?? on ??

Well, actually, I was kind of expecting the 970 and 980 to be flops. Last I had heard, TSMC were having serious issues producing more complex chips such as Maxwell cores at 20nm and nV was just gonna push out scaled-up 750Tis. Either TSMC got their shit together or nVidia has pulled a miracle out of their asses.

Sadly, like a week before I got the money to buy a 970, the 280X in Freya began to show signs of flaking out. Not in any way you'd have a hope in hell citing as a reason for RMA, but it gets hardware errors every now and then - not really bad, but every now and then I'll look up and see 5 HW errors, or 20 once on a nice, long run. Also, there has been several times the avg. hashrate has looked suspiciously off on short-ish runs, like 20min. After spending quite a bit of time watching the miner, it showed that the 280X is throttling for absolutely no reason - being well under 80C. A fan is squeaky, yet still very much functional. Since the farmer I'm working for has mostly 280X cards, not having a 280X to work with is not an option - Freya only mines for profit when I'm not testing, and then mostly in the winter; the usage is more as lab equipment first and miner second. So, I watched as NewEgg got the EVGA 970 I wanted in stock... and then did the responsible thing and got a 280X. Should be a better one, and it arrived today, so I'm glad. Kinda.

Anyway, thank you for the offer and for being reasonable - the latter something that seems to be absent from many of those frequenting this thread - and while I would very much like to accept it right the fuck now, I can't at the moment, because I don't backstab people I do business with. However, don't take that as me declining it, either - I may be able to in the future, and I would like that.

OK well we've had very successful crowd funded projects in the past, I'm not sure if an optimised x11 miner would benefit absolutely everyone here as I'm not sure how many people mine x11 these days.

Perhaps it could be semi-private, let me know when you think you have some spare time coming up and I'll see if I can round a group of x11 miners together to fund an optimisation exercise.

+100
There's a lot of talk on this thread about ppl buying DRK and master nodes making more DRK for their owner's from miner's, which is all good stuff and relevant/good for DRK, so it's good to see some chat from the mining point of view especially some of the point's that have been bashed out

Ignition75

sr. member

Activity: 462

Merit: 250

www.dashpay.io

Quote from: ?? on ??

Well, actually, I was kind of expecting the 970 and 980 to be flops. Last I had heard, TSMC were having serious issues producing more complex chips such as Maxwell cores at 20nm and nV was just gonna push out scaled-up 750Tis. Either TSMC got their shit together or nVidia has pulled a miracle out of their asses.

Sadly, like a week before I got the money to buy a 970, the 280X in Freya began to show signs of flaking out. Not in any way you'd have a hope in hell citing as a reason for RMA, but it gets hardware errors every now and then - not really bad, but every now and then I'll look up and see 5 HW errors, or 20 once on a nice, long run. Also, there has been several times the avg. hashrate has looked suspiciously off on short-ish runs, like 20min. After spending quite a bit of time watching the miner, it showed that the 280X is throttling for absolutely no reason - being well under 80C. A fan is squeaky, yet still very much functional. Since the farmer I'm working for has mostly 280X cards, not having a 280X to work with is not an option - Freya only mines for profit when I'm not testing, and then mostly in the winter; the usage is more as lab equipment first and miner second. So, I watched as NewEgg got the EVGA 970 I wanted in stock... and then did the responsible thing and got a 280X. Should be a better one, and it arrived today, so I'm glad. Kinda.

Anyway, thank you for the offer and for being reasonable - the latter something that seems to be absent from many of those frequenting this thread - and while I would very much like to accept it right the fuck now, I can't at the moment, because I don't backstab people I do business with. However, don't take that as me declining it, either - I may be able to in the future, and I would like that.

OK well we've had very successful crowd funded projects in the past, I'm not sure if an optimised x11 miner would benefit absolutely everyone here as I'm not sure how many people mine x11 these days.

Perhaps it could be semi-private, let me know when you think you have some spare time coming up and I'll see if I can round a group of x11 miners together to fund an optimisation exercise.

pookielax31

sr. member

Activity: 462

Merit: 500

Quote from: g4q34g4qg47ww on October 01, 2014, 08:05:22 PM

Bahahha pookie. Play nice and hangout for a while.

Will Do... this is always a funn community Grin

TanteStefana2

legendary

Activity: 1260

Merit: 1001

Quote from: toknormal on October 01, 2014, 03:47:27 PM

Quote from: nsimmons on October 01, 2014, 03:39:14 PM

I saw Satan at 0:54

LoL ! Yeah - I saw him too.

Here's another interesting film - this time more relevant to the thread...

https://coursmos.com/course/cryptocurrency-darkcoin

Yes, but this is old information. Pre darksend+

TaoOfSaatoshi

legendary

Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Quote from: toknormal on October 01, 2014, 05:26:27 PM

There's not been a single trade on MIntpal for an hour and a half now.

So lets read this while we're waiting.

http://www.silverdoctors.com/5-u-s-banks-each-have-more-than-40-trillion-dollars-in-exposure-to-derivatives/

Also - lets checkout the London index and in particular the 1-month MACD which is now firmly crossed since I last posted. That boy is heading major-momentum in only one direction and it aint the moon.

No wonder they had to rig the Scottish ballots by swapping the boxes out between the polling stations and the counting centres - George Osbaz & Mark Carnage need all the oil they can get to keep that balance of payments from tipping into oblivion now that the UK doesn't make anything but over-levered guvpaper anymore Wink

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=UK%3AUKX&time=12&startdate=1%2F4%2F1999&enddate=9%2F1%2F2014&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=9&uf=0&lf=4&lf2=0&lf3=0&type=2&style=320&size=3&x=35&y=9&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

I really enjoy your posts, man. Thanks for sharing your analytic gift. Cheers!

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3905. (Read 9723748 times)