http://www.reddit.com/r/Bitcoin/comments/2gv44m/darkcoin_i_just_solved_one_of_the_largest/
If you have a reddit account, our glorious leader might appreciate a few upvotes.
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4026. (Read 9723803 times)
September 19, 2014, 02:00:18 PM
September 19, 2014, 01:57:24 PM
I would point a few CPUs to mine for wages. That is a really good idea. A paid team that would give a stake etc. Really good idea.
Can anybody put me in touch with the person who runs the darkcointalk mining pool? If its not covering even the web site costs we need to have a rethink.
Propulsion, he's on darkcointalk, in as much as it's his site...
September 19, 2014, 01:54:22 PM
#DARKCOIN : With a Masternode income, you could put your kids through college! Get one @MintPalExchange today. #getintothedark #bitcoin #btc
#getintothedark
Join us,
@TaoOfSatoshi
#getintothedark
Join us,
@TaoOfSatoshi
September 19, 2014, 01:54:12 PM
I would point a few CPUs to mine for wages. That is a really good idea. A paid team that would give a stake etc. Really good idea.
or better yet. Is it possible to mine Darkcoin with a raspberry pi?
I know that you will probably only make a few duffs with it, but it would basically cost nothing to set up and run for eternity.
Darkberry pi?
September 19, 2014, 01:49:10 PM
On more directly related matters.
Whats going on with the price? The order depth is like a Byronian dual! Lots of bids and asks and ten paces between them!
Whats going on with the price? The order depth is like a Byronian dual! Lots of bids and asks and ten paces between them!
September 19, 2014, 01:47:23 PM
September 19, 2014, 01:45:24 PM
I would point a few CPUs to mine for wages. That is a really good idea. A paid team that would give a stake etc. Really good idea.
Can anybody put me in touch with the person who runs the darkcointalk mining pool? If its not covering even the web site costs we need to have a rethink.
September 19, 2014, 01:40:21 PM
I would point a few CPUs to mine for wages. That is a really good idea. A paid team that would give a stake etc. Really good idea.
September 19, 2014, 01:29:04 PM
Thanks for the follow, Fernando!
#getintothedark
Join us,
@TaoOfSatoshi
#getintothedark
Join us,
@TaoOfSatoshi
September 19, 2014, 01:23:42 PM
It's official: #Darkcoin Masternodes are the shiznit! https://t.co/kwRXQELKuB Darkcoin.io #getintothedark #drk #bitcoin #btc
#getintothedark
Join us,
@TaoOfSatoshi
#getintothedark
Join us,
@TaoOfSatoshi
September 19, 2014, 01:10:44 PM
September 19, 2014, 01:08:22 PM
Drk masternodes are like a proof of stake system build on top, that is getting clearer to me every day(See instantTx whitepaper). Proof of work is a dead end.
Yep this is exactly what I realized a while back too.The thing about it though, is they don't rely on it for network stability. PoS coins have some very fundamental issues - and this is why I suspect masternodes really aren't branded or discussed in that context. The issues with PoS coins have nothing to do with the similarity darkcoin shares to them.
So as far as securing a network goes, PoW is far from dead.
September 19, 2014, 12:58:21 PM
I thought it was something like that, i will update my filters
thanks btw
thanks btw
September 19, 2014, 12:53:10 PM
crazy day in crypto, litecoin just lost 2nd place!
You mean regarding price of 1 unit?
There are coins like 42Coin who have even higher prices per unit than btc, so price per unit is not really relevant.
i was refering to the marketcap but for some reason Ripple doesent count.
I dont know anything about ripple so i cannot really comment.
I stand corrected, i apologise
Always filter premined and non-mineable coins.
That's how you get rid of all the coins that don't even follow basic satoshi principles of cryptocurrencies.
(coin has to be mineable, nobody should control the coin supply, etc... you know that ripple just increased the amount of coins a few days ago? Just like that, without asking anyone.)
A coin you can't mine but that has been completely mined for you is FED controlled money all over again.
September 19, 2014, 12:52:39 PM
Drk masternodes are like a proof of stake system build on top, that is getting clearer to me every day(See instantTx whitepaper). Proof of work is a dead end.
September 19, 2014, 12:52:20 PM
Evan's Paper:
https://www.darkcoin.io/downloads/InstantTX.pdf
Can i please get a "translation" into simple dummy wording
what this paper means ?!
I understand instant transactions,
but what ... using the Masternode (1000 each) as a collateral for the purchases made,
to speed up the transactions ?! Proof of Work ?
....>
Tx
https://www.darkcoin.io/downloads/InstantTX.pdf
Can i please get a "translation" into simple dummy wording
what this paper means ?!
I understand instant transactions,
but what ... using the Masternode (1000 each) as a collateral for the purchases made,
to speed up the transactions ?! Proof of Work ?
....>
Tx
Wow, I just finished reading.... um, let me try...
when a person wants to spend coins, they tell everyone (broadcast) and put a lock on the fund in their wallet. The current group of masternodes receives this information, and when they all verify the same information (validate it), they let all the other clients on the network know it is so. This takes only seconds and the coins are then considered "cleared"
If the person spending the money tries to send conflicting information (tries to spend the coin twice, by paying himself the same coins= double spending attack, which they could code into their wallet so it happens really fast) the conflicting information will cause the masternodes to reject the lock, and the coins spent will have to wait to go through the mining process to be validated. (one will be accepted, the other rejected as it is done currently) This will also happen if one of the masternodes that were elected to do the work ends up losing connection (or tries to pull something).
This makes 3 types of attacks virtually impossible to commit.
Wow
Thank you Tante
You are a Superstar !
This makes it really clear to me !!!
September 19, 2014, 12:51:56 PM
crazy day in crypto, litecoin just lost 2nd place!
You mean regarding price of 1 unit?
There are coins like 42Coin who have even higher prices per unit than btc, so price per unit is not really relevant.
i was refering to the marketcap but for some reason Ripple doesent count.
I dont know anything about ripple so i cannot really comment.
I stand corrected, i apologise
September 19, 2014, 12:49:52 PM
crazy day in crypto, litecoin just lost 2nd place!
You mean regarding price of 1 unit?
There are coins like 42Coin who have even higher prices per unit than btc, so price per unit is not really relevant.
September 19, 2014, 12:42:55 PM
crazy day in crypto, litecoin just lost 2nd place!
Code:
1 Bitcoin 13.287.775 BTC 1 BTC 13,287,775 BTC 111.962 BTC 0.00 %
2 Litecoin 352.595 BTC 0.01095940 BTC 32,172,846 LTC 13.324 BTC -2.72 %
3 Peercoin 71.061 BTC 0.00326761 BTC 21,747,166 PPC 3.669 BTC -19.87 %
4 Dogecoin 65.787 BTC 0.00000071 BTC 92,233,720,369 2.399 BTC 2.27 %
5 Darkcoin 41.540 BTC 0.00890571 BTC 4,664,381 DRK 970 BTC 1.47 %
6 Namecoin 26.556 BTC 0.00269582 BTC 9,850,650 NMC 675 BTC -4.71 %
2 Litecoin 352.595 BTC 0.01095940 BTC 32,172,846 LTC 13.324 BTC -2.72 %
3 Peercoin 71.061 BTC 0.00326761 BTC 21,747,166 PPC 3.669 BTC -19.87 %
4 Dogecoin 65.787 BTC 0.00000071 BTC 92,233,720,369 2.399 BTC 2.27 %
5 Darkcoin 41.540 BTC 0.00890571 BTC 4,664,381 DRK 970 BTC 1.47 %
6 Namecoin 26.556 BTC 0.00269582 BTC 9,850,650 NMC 675 BTC -4.71 %
http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/#BTC
September 19, 2014, 12:40:02 PM
crazy day in crypto, litecoin just lost 2nd place!
Ummmm no?
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