Guys, you need to carefully reread Evan's chat log where he first mentioned the instant transaction system. I'm almost certain it doesn't involve masternodes, for several reasons:
1) He says that it won't require Bitcoin to hard fork. How could you implement MNs into the protocol, plus instant transactions, without a hard fork?
2) He clearly says that he has found a way to make Bitcoin transactions instant...he then mentions that it is fully compatible with DarkSend and so will work with Darkcoin. But it's clear from his wording that the system is designed and intended for Bitcoin, first and foremost.
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4046. (Read 9723787 times)
September 18, 2014, 09:48:54 AM
September 18, 2014, 09:47:13 AM
0.9 in the next 15-60min....came quicker than I thought...
0.1+ before the weekend....
0.1+ before the weekend....
September 18, 2014, 09:46:54 AM
Bitcoin still in downtrend... Today -5%..
It's because all ar selling and trading??
Can someone have idea why???
BTC is greatly overpriced. What's going on now is a reaction to the proposal to regulate Bitcoin and Bitcoin affiliated companies.It's because all ar selling and trading??
Can someone have idea why???
That is partly true but US is sort of a trendsetter for Europe and others puppet countries. If US signs the Bitcoin regulation into law the rest of the world may follow suit.
September 18, 2014, 09:44:06 AM
Mmmm... Green candles with wicks on the bottom...
You're off the edge of the map, mate. Here there be monsters!
You're off the edge of the map, mate. Here there be monsters!
September 18, 2014, 09:41:07 AM
Wow. I've been away watching Scottish referendum.
What happened to DRK ?
The bookies are giving 4-1 on a Yes. I'll be disgusted with the Scots if they vote against independence. One more example of dickless Celtic failure.
(I'm Irish, I get to call Celts dickless failures.)
Do you honestly believe TPTB are gunna let the pasty skinned animals escape the farmer??
Look out for a 51% "No".
honestly I hope they pass,many small nation look this!
Go freedom !
If the Bank of England won't let them have sterling they could use DRK instead!
DRK uses blue and white, just like the Scottish flag.
Using crypto as a national currency? You are dreaming. Maybe 20 years from now it could be possible.
September 18, 2014, 09:36:59 AM
Bitcoin still in downtrend... Today -5%..
It's because all ar selling and trading??
Can someone have idea why???
BTC is greatly overpriced. What's going on now is a reaction to the proposal to regulate Bitcoin and Bitcoin affiliated companies.It's because all ar selling and trading??
Can someone have idea why???
September 18, 2014, 09:31:31 AM
Bitcoin still in downtrend... Today -5%..
It's because all ar selling and trading??
Can someone have idea why???
It's because all ar selling and trading??
Can someone have idea why???
BTC is greatly overpriced. What's going on now is a reaction to the proposal to regulate Bitcoin and Bitcoin affiliated companies.
September 18, 2014, 09:24:39 AM
Anyone want to bet against me?
If instant transactions work, after open sourcing, I bet that within 90 days of open sourcing, overstock.com will allow DRK as a method of payment.
If instant transactions work, after open sourcing, I bet that within 90 days of open sourcing, overstock.com will allow DRK as a method of payment.
Thats a big bet - although if instant transactions work - the entire crypto community will be turned on its head.
Would bitcoin adopt DRK technology just to keep afloat which in turn shows its inferior.
Bitcoin struggles with large concurrent transaction volume let alone waiting hours for confirmations. I cant stand watching my transactions to exchanges when the blocks are sometimes SO far apart.
I'm pretty sure I know how Evan has bypassed the need for lengthy confirmations, at least in principle, and Bitcoin won't be doing it any time soon.
(Nor will any other cryptocurrency without Masternodes...)
Alirhgt I'll bite: The 1000 darks of each Masternodes will serve as buffers to allow for instant transactions, while the MN will receive its coins back in normal time (Thus, instant transactions will be limited to a certain amount within a certain time; random example: max 700 darks each 20min)
EDIT: For it to be instant, the 1K darks of each Masternodes are pre-split by amounts of 50 or 100 let's say, with each a different tx (I think the name is tx), and people receive the private keys of these addresses when they want instant transactions.
Also, do you think Evan will make instant transactions for a fee? Or free?
I'm also thinking it has to do with time and cycles. Timekoin (unfortunately not that active anymore) works with cycle times and transactions. 500 transaction bulk every 5 minutes. So you send something to someone else, then it appears after 5 minutes somewhere else. All transactions are stored on the nodes. The question is how much of these transactions can you store in one bulk and in one cycle?
September 18, 2014, 09:22:11 AM
any reason for the price rise or just pump time ?
white paper tomorrow for instant transaction and monday RC5
September 18, 2014, 09:18:59 AM
Looks like dumping of BTC has begun - keep your eye on DRK 
September 18, 2014, 09:16:27 AM
any reason for the price rise or just pump time ?
September 18, 2014, 09:16:04 AM
Bitcoin still in downtrend... Today -5%..
It's because all ar selling and trading??
Can someone have idea why???
It's because all ar selling and trading??
Can someone have idea why???
September 18, 2014, 09:15:30 AM
Looking to buy 47000 DRK at a fixed market rate. Please drop me a message if you are interested to sell a bulk of at least 10k.
I'm not suggesting that you're trying to take advantage of someone, but, I don't think anyone is stupid enough to sell that much DRK at this temporal node, and certainly not in that manner... September 18, 2014, 09:14:05 AM
Cheap BTC to buy cheap DRK. Don't mind if I do.
September 18, 2014, 09:09:55 AM
Anyone want to bet against me?
If instant transactions work, after open sourcing, I bet that within 90 days of open sourcing, overstock.com will allow DRK as a method of payment.
If instant transactions work, after open sourcing, I bet that within 90 days of open sourcing, overstock.com will allow DRK as a method of payment.
Thats a big bet - although if instant transactions work - the entire crypto community will be turned on its head.
Would bitcoin adopt DRK technology just to keep afloat which in turn shows its inferior.
Bitcoin struggles with large concurrent transaction volume let alone waiting hours for confirmations. I cant stand watching my transactions to exchanges when the blocks are sometimes SO far apart.
I'm pretty sure I know how Evan has bypassed the need for lengthy confirmations, at least in principle, and Bitcoin won't be doing it any time soon.
(Nor will any other cryptocurrency without Masternodes...)
Alirhgt I'll bite: The 1000 darks of each Masternodes will serve as buffers to allow for instant transactions, while the MN will receive its coins back in normal time (Thus, instant transactions will be limited to a certain amount within a certain time; random example: max 700 darks each 20min)
EDIT: For it to be instant, the 1K darks of each Masternodes are pre-split by amounts of 50 or 100 let's say, with each a different tx (I think the name is tx), and people receive the private keys of these addresses when they want instant transactions.
Also, do you think Evan will make instant transactions for a fee? Or free?
Nope, doesn't need to involve the MN's 1000DRK at all, nor should it.
September 18, 2014, 09:06:20 AM
good quality popcorn for sale
For every bucket of popcorn red cyan glasses free
1 please
and extra sugar
Tx
September 18, 2014, 09:05:43 AM
Its going on,DRK tanking on mintpal
next stop .01?
Maybe,but it seems we are ready to push to 0.009 very very soon
.09 in the next 4 hours, then back to 87 and up to 95 tomorrow (my personal estimate after evans "darkspeedsend" paper )
95 are to close to 0.01,its a psychological effect,if you say 0.0095,I say 0.01 by tomorrow,but only on a pump
September 18, 2014, 09:05:37 AM
Go Scotland, Go Dark 
I hope the farmer like bags, big bags of "hold the fk on a wee sec here"
I hope the farmer like bags, big bags of "hold the fk on a wee sec here"
My first post contains indi... I'm shaking my head right now
Although it's gonna be a better place to discuss stepping from the central than FB...if you want juicy and fresh info use www.darkcointalk.org
Thanks man, I dunno though, I kinda prefer to use dct for complimenting Evan and asking dumb questions about wallets
September 18, 2014, 08:58:40 AM
good quality popcorn for sale
For every bucket of popcorn red cyan glasses free
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