[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4031.

camosoul

hero member

Activity: 560

Merit: 500

www.OroCoin.co

Quote from: stonehedge on September 19, 2014, 08:45:22 AM

Quote from: thelonecrouton on September 19, 2014, 08:42:02 AM

Quote from: stonehedge on September 19, 2014, 08:39:58 AM

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 the minutes when MNs can do the same thing is seconds.

I wish I could hire people with that level of clarity of thought. The paper is well written too.

Right, enough Duffbuttlicking! Time to buy!

People like this are wasted in corporate environments. We go our own way and usually get mocked and told how stupid we are by the people we interviewed with; up until we make more money by ourselves than the whole company that wouldn't hire us...

flowerpots

full member

Activity: 205

Merit: 100

Anyone know what's happening on Bitfinex? 10% price difference with Mintpal/Cryptsy...

EDIT: ... and it's gone.

MyFarm

hero member

Activity: 854

Merit: 1000

- Privacy
- Instant transactions
- Reduced blockchain bloat
- A masternode network that will allow for all sorts of additional unseen applications.
- A brilliant, full time developer.

DRK is a no brainer.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: tungfa on September 19, 2014, 09:07:56 AM

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

The 1000DRK ate NOT being used as collateral in anything, never have been, never will.

Instant TX's just have the MN's locking inputs and forming consensus on transactions instead of waiting for miners to come along minutes later and bake it into the blockchain. Obvious when you think about it, like most great leaps.

The diagram just illustrates that MN's are part of the whole decentralised network in terms of peering, just as regular wallets are. No bottlenecks anywhere.

roede94105

sr. member

Activity: 294

Merit: 250

Just FYI guys, I call dibs on DarkYacht name

HiddenDark

full member

Activity: 196

Merit: 100

I found this very interesting

Quote

With the addition of a successful implementation of transaction locking, it becomes possible to move up the target block time to 10 minutes or more. We propose changing the confirmation target to more than 10 minutes to reduce the amount of long term size of the blockchain while utilizing the instantaneous transactions described in this paper.

By utilizing longer confirmation times for noninstant transaction Darkcoin will gain a much smaller footprint and avoid following the path of Bitcoin in the years to come.

GhostPlayer

legendary

Activity: 1092

Merit: 1000

WOW !!! Just read the paper.

Let the shockwave begin in the crypto world.

camosoul

hero member

Activity: 560

Merit: 500

www.OroCoin.co

Quote from: georgem on September 19, 2014, 02:57:17 AM

Quote from: drkwarrior on September 18, 2014, 11:33:44 PM

just thought id let u guys know, scotland didnt get independance. Huh

History shows that the only way to achieve independence is to use force, and get rid of the oppressors.

Force is the lowest level. When your oppressors start out there, you have only one choice if you wish to escape their grasp.

mjsrs

full member

Activity: 172

Merit: 100

Quote from: eduffield on September 19, 2014, 08:21:01 AM

Paper: Transaction Locking and Masternode Consensus

https://darkcointalk.org/threads/paper-transaction-locking-and-masternode-consensus.2418/

Probably you already answered this but for the distracted like me, when will it be available?

tungfa

legendary

Activity: 1834

Merit: 1023

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

stonehedge

legendary

Activity: 1722

Merit: 1002

Decentralize Everything

Quote from: eduffield on September 19, 2014, 08:57:56 AM

Quote from: thelonecrouton on September 19, 2014, 08:55:53 AM

Quote from: dotnetmin on September 19, 2014, 08:50:19 AM

So this i not useful for any coin without a masternode system !
Looks like DRK will be the one and only crypto currency with a future,

Oh wait, in ten days evan will open source his work

I see a lot of clones comming up to scam out the last fanboy of crypto

You can't copy and paste 900+ Masternodes worth $3 million+ quite so easily as you can code. Evan understands fundamental economics better than most.

To prove your point even further, the masternode system has been open source since day one anyway. It's Darksend that's being open-sourced.

Evan, can we dare dream about NFC?

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: raganius on September 19, 2014, 09:01:57 AM

Quote from: Laxdude7691 on September 19, 2014, 08:50:25 AM

Quote from: naxin on September 19, 2014, 08:44:32 AM

So whoever is dumping DRK on bitfinex - a.) Thank you, I just made a SHIT ton of money. b.) You're an absolute moron.

What the hell! Why can't we have retard trading on mintpal too!!! Dammit!

OMG look at that! I wish I had some money ready at bitfinex!

Bugger all volume, just bot dribble.

raganius

sr. member

Activity: 308

Merit: 250

Quote from: Laxdude7691 on September 19, 2014, 08:50:25 AM

Quote from: naxin on September 19, 2014, 08:44:32 AM

So whoever is dumping DRK on bitfinex - a.) Thank you, I just made a SHIT ton of money. b.) You're an absolute moron.

What the hell! Why can't we have retard trading on mintpal too!!! Dammit!

OMG look at that! I wish I had some money ready at bitfinex!

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: eduffield on September 19, 2014, 08:57:56 AM

Quote from: thelonecrouton on September 19, 2014, 08:55:53 AM

Quote from: dotnetmin on September 19, 2014, 08:50:19 AM

So this i not useful for any coin without a masternode system !
Looks like DRK will be the one and only crypto currency with a future,

Oh wait, in ten days evan will open source his work

I see a lot of clones comming up to scam out the last fanboy of crypto

You can't copy and paste 900+ Masternodes worth $3 million+ quite so easily as you can code. Evan understands fundamental economics better than most.

To prove your point even further, the masternode system has been open source since day one anyway. It's Darksend that's being open-sourced.

That too.

miningpros

full member

Activity: 194

Merit: 100

0.15 here we come

https://www.darkcoin.io/downloads/InstantTX.pdf

dotnetmin

hero member

Activity: 756

Merit: 500

Quote from: thelonecrouton on September 19, 2014, 08:52:05 AM

I was going to stock up on some more shiny metal today, now I'm torn.

Hard times for gold bugs, but only anon assets are real assets, expeptional estate you personally use.
Maybe DRK could change from playing money to asset

Laxdude7691

member

Activity: 102

Merit: 10

Wish I had an account at Bitfinex...cheap DRK there!

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: thelonecrouton on September 19, 2014, 08:55:53 AM

Quote from: dotnetmin on September 19, 2014, 08:50:19 AM

So this i not useful for any coin without a masternode system !
Looks like DRK will be the one and only crypto currency with a future,

Oh wait, in ten days evan will open source his work

I see a lot of clones comming up to scam out the last fanboy of crypto

You can't copy and paste 900+ Masternodes worth $3 million+ quite so easily as you can code. Evan understands fundamental economics better than most.

To prove your point even further, the masternode system has been open source since day one anyway. It's Darksend that's being open-sourced.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: dotnetmin on September 19, 2014, 08:50:19 AM

So this i not useful for any coin without a masternode system !
Looks like DRK will be the one and only crypto currency with a future,

Oh wait, in ten days evan will open source his work

I see a lot of clones comming up to scam out the last fanboy of crypto

You can't copy and paste 900+ Masternodes worth $3 million+ quite so easily as you can code. Evan understands fundamental economics better than most.

edit: plus, all the smart folk are already in DRK. Grin

TaoOfSaatoshi

legendary

Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Quote from: eduffield on September 19, 2014, 08:21:01 AM

Paper: Transaction Locking and Masternode Consensus

https://darkcointalk.org/threads/paper-transaction-locking-and-masternode-consensus.2418/

Why would you still use #BTC? Get into the Dark! https://t.co/kwRXQELKuB Darkcoin.io #getintothedark #darkcoin #drk #bitcoin #btc

The #Darkcoin Chameleon approves of this message: https://t.co/kwRXQELKuB Darkcoin.io #getintothedark #drk #bitcoin #btc

#getintothedark

Join me,

@TaoOfSatoshi

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4031. (Read 9724017 times)