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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4030. (Read 9724017 times)

legendary
Activity: 1790
Merit: 1100
hero member
Activity: 560
Merit: 500
Waht would happen to the consensus if someone took like a lot of money, and bougt online like 3000 mn that he/she/them controll ?
would this not be same sitation like the 51% attack on network hash ?


Good luck trying to get hold of 3000000 drk Smiley
sr. member
Activity: 393
Merit: 250
Waht would happen to the consensus if someone took like a lot of money, and bougt online like 3000 mn that he/she/them controll ?
would this not be same sitation like the 51% attack on network hash ?
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000
newbie
Activity: 68
Merit: 0
The timing is perfect. BTC crashing and everybody wonder why, DRK rising but under the radar.

BTC will be Wall Street controlled as soon as they can invest in the BTC ETF. Just like they did with commodities ETF's. Wall Street just loves derivatives so they can control the price.
sr. member
Activity: 246
Merit: 250
I'm only on page 8 and I have just started giggling loudly to myself in a room by myself.

This is one of the most brilliant solutions to a problem that I have ever read (up until page 8 anyway!

Thing is, the solution was pretty much there already, Evan just had the genius to realise it...  Grin

No need to wait for consensus from miners in minutes when MNs can do the same thing is seconds.

Dammit.. this is HUGE!!  Cool

Would have really enjoyed seeing those giggles… hahaha, I can't wait to see this working, very cool. Many thanks to the Darkcoin team!
legendary
Activity: 1834
Merit: 1023
The timing is perfect. BTC crashing and everybody wonder why, DRK rising but under the radar.

We gonna catch LTC tonight >> ??
so close already !
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
The #Darkcoin Chameleon: Helping keep finances private since 2014! Now, a new trick: Instant privacy! Darkcoin.io #getintothedark #bitcoin

#getintothedark

Join us, spread the word:

@TaoOfSatoshi

hero member
Activity: 689
Merit: 507
The timing is perfect. BTC crashing and everybody wonder why, DRK rising but under the radar.
hero member
Activity: 854
Merit: 1000
This is going to get fun once the traders realize this isn't a sell the news situation.

Heh.
hero member
Activity: 685
Merit: 500
I'm only on page 8 and I have just started giggling loudly to myself in a room by myself.

This is one of the most brilliant solutions to a problem that I have ever read (up until page 8 anyway!

Thing is, the solution was pretty much there already, Evan just had the genius to realise it...  Grin

No need to wait for consensus from miners in minutes when MNs can do the same thing is seconds.

Dammit.. this is HUGE!!  Cool
legendary
Activity: 1790
Merit: 1100
Someone please post the "paper" in main alt thread to discuss it with non darkcoiners  Tongue
sr. member
Activity: 478
Merit: 250
Am I seeing this correctly.. Isn't this elegantly compatible with the passive way darksend+ now works in the background? Darksend would never need to go through instant transactions. Fast in the front, anonymous in the back.
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
#DARKCOIN : Innovating Crypto since 2014? (hard to believe)...https://t.co/kwRXQELKuB Darkcoin.io #getintothedark #drk #bitcoin #btc

#getintothedark

Special thanks to Flare and Mangled Blue for the recent support.

Join us,

@TaoOfSatoshi

legendary
Activity: 1176
Merit: 1036
Dash Developer
Much faster MN consensus on transactions also inherently secures against all double-spend shennanigans as it greatly reduces the window of opportunity. You now have a few seconds to pull off a heist, not (sometimes many) whole minutes.

Actually, it completely eliminates double spending from being possible. Consensus requires a set of masternodes to agree that a transaction will be considered valid by the network, if they do the whole network honors it. It's as good as block confirmation.

And if the merchant doesn't see the instant validation, then they know something is funny and should wait for block confirmation.
legendary
Activity: 966
Merit: 1000
Much faster MN consensus on transactions also inherently secures against all double-spend shennanigans as it greatly reduces the window of opportunity. You now have a few seconds to pull off a heist, not (sometimes many) whole minutes.

And the consequently smaller ongoing blockchain due to much longer block times now being possible, plus the possible future addition of superblocks, plus Electrum-DRK being around the corner, make for a much more portable system. Hell, there are countries on earth that only recently came into possession of the BTC blockchain because someone had to physically take a drive there, there wasn't the bandwidth to get it there electronically.
member
Activity: 102
Merit: 10
Just grabbed another 50 DRK. Just 750 more for my second Masternode! Hope I can swing it before the price goes to the moon!!! Huh

Just stocked up a bit as well
can not help myself
this is so dam exciting !
Yesterday was crazy! Every time Evan said something it seemed the markets took off.  Cool
Here we go again! Weeeeeee!
hero member
Activity: 560
Merit: 500
www.OroCoin.co
Wish I had some BTCs to dump.

Wait, no I don't. I haven't held BTC since March. It's a P and D coin for DRK, just like everything else...

BTC has been worthless for a long time, it's just taking an even longer time for others to realize it...
legendary
Activity: 1790
Merit: 1100
Congratulations Evan. You did it again.   Grin
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