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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4234. (Read 9723776 times)

legendary
Activity: 1456
Merit: 1000
$dollar-signs$dollar-signs

Divide by 10 for reality check factors, then divide by 10 again  Wink


I was just thinking about users.

1m is no enough for such a service.

I was thinking more like 100m given the police states we have around the world.  All you would need to do in order to get these kind of numbers is make it simple to access, like downloading a Firefox browser.

So I think, multiply by a factor of 10.
legendary
Activity: 896
Merit: 1001
tbh i think Mr. Troll is just trolling us with that remark...

No I actually did get screwed out of a masternode payment by someone out of compliance and I want my drk!  I started my masternode last night and I only have two payments when I should have three because someone didn't pay the 20% they were supposed to.   I feel violated like I was robbed.  And I don't like feeling this way.  So enforcement needs to start ASAP now that these guys are keeping drk's that belong to me.
hero member
Activity: 518
Merit: 505
sr. member
Activity: 350
Merit: 250
Suggested opening a marketing / branding forum for related topics over at darkcointalk.

https://darkcointalk.org/threads/marketing-branding-forum.2100/

would be better to capture all the ideas from here, in a more structured format.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Would be great to eventually brand and name it something that promotes these aspects of its use.  I love Tor and its capabilities, just hate the word Tor as it has been smeared in the mainstream. But makes sense to call it DarkTor in the present stages as it easily explains what it is.

Could call it DarkMesh or something similar so its not "Tor"

Don't call it Dark or Tor, or any combination.

Call it Web 3.0.

Average Joe and Jane will simply think there is a new internet being created. One where you are not tracked to death by those wanting to sell you something based on what you have been browsing recently or what you were just discussing on Facebook or Twitter.

If you give it a generic label resembling something people already trust, you beat the name association game of, Tor = bad, Dark = bad, DarkTor = very fucking bad.

Bitcoin has had to fight a similar problem. Its taking years and years to shake off the negative images that the media were able to cast on it.

Web 3.0 has a ready made narrative: we are pissed off with all the shit ads being targeted at us by internet giants needing to show quarter by quarter revenue growth.

We think the internet is free, but its not. We pay by allowing others access to our identities, and we don't even ask them to pay for it.

If you maintain this status, you will lose your identity because you can become a media campaign and herded to buy things at given times of they day, week, month or year.

Stop being sheep. Pay up $0.10 in DRK to use Web 3.0.
+101 coins
and it sounds good for the ear of average public Joe.
sr. member
Activity: 246
Merit: 250
Web 3.0 (DarkTor for a little while longer)

Updated thinking from a few challenges on value

Current coin supply is 4.5m

Using 1,000 DRKs to create a MN (this could be changed at any time in the future to link it to, say, $5k per MN)

Assuming we get 2,250 MNs (we already have over 600 just to process privacy mixing).

Assuming we can charge $0.5 / day (about $180 / year)

Assuming average users per day reaches 1m (Tor currently has about 2.2m)

$500k daily revenue split by 2,250 MNs.

Annual revenue per MN = $81k.

Say, costs are $20k.

Profit = $61k.

Profit / Earning multiple (effectively how long you are prepared to wait to get your investment back) = 10

As an investment, each MN would be worth $611k.

As people accept prices rise, this does not take into account increases in costs or revenue.

As MNs are expected to add additional services, for example BTC <> DRK exchanges (I've considered the regulatory issues, and from my current understanding, regulators don't see crypto to crypto as an exchange; only crypto to fiat or fiat to crypto)

So, with other services, each MN could have an investment value of $600k to $1.2m.

As to the issue of causing shortage of DRKs, as Sir Crouton has pointed out, we just change where the decimal point sits.

Bitcoin has max supply of 21m. Bitcoin is intended to transact $billions if not $Trillions. So it was always the case that 21m coins would be segmented down, thereby increasing liquidity. Same for DRK. Its a non-issue.

MN = Infrastructure, which is optional.

DRK = currency

edit. more challenges please.

This is the sort of approach that gets new investors into crypto. I want some more robust arguments for and against.

DRK can be worth $billions with something tangible like this.

Please let me add that with the sustainable development project non-profit startup that provides DRK to all the children of the world, within a  definable amount of years everyone on the planet will be a shareholder and stockholder of the Web 3.0. This would help bring people together in so many ways.

 One way for example, when you make a payment to someone a window could pop up and announce a new important vote concerning the development or laws of Web 3.0, because eventually every person will have Darkcoin and the wallets are free, we could link the .dat file to an encrypted identifier for voting and ask for your vote on a proposal, for, against, no vote, etc. This would eventually solve the problem of governing the internet and votes could be redone at later times if general sentiment changes and to verify the veracity of the purported change. This could eventually be extended to other votes such as country wide votes, global votes or used for surveys, if you click the box allowing this. ( Smiley which I would only do for municipal affairs, at least for now ) Eventually, countries could use this feature to run elections with less corruption and in a very efficient manner where people would no longer need to move to go vote and would not forget about it the day of the election, be lazy, etc. thus reducing absenteeism level in elections over time which is a major concern of democracy. The implementation of these concepts is only a question of time in my opinion and it will be very important to create an alternative system of reference for those who choose to use it.

Especially in light of issues such as these and the fact that they are not passing by such a voting system:

https://www.youtube.com/watch?v=JbQeABIoO6A
 
legendary
Activity: 896
Merit: 1001

Now why did you have to go and do that?

I have valid concerns as a masternode operator.  I'm not getting all my payments because there is no enforcement currently turned on.  It has cost me money already and I'm damn mad!  We need the pool police out in full force tracking these scofflaws down.  You guys might have been okay with letting these thieves get away with your drk's but shojayxt is running a masternode now and he expects to get paid!  Things better start changing fast and if I lose another payment because these guys are not in compliance I'm going to be one unhappy camper.  It won't be pretty that's for sure.

To all those out there out of compliance, Pay Up!  You know what you're doing and it needs to stop.  Don't make me track you down to get my drk's.

This coming from the nº1 troll of this thread ever... now you're an MN owner... man you're one sad human being...

No I'm one successful investor and I know what I'm doing.  

Gotta know when to get in and when to get out.  I got out at double the current price and I got back in at well below half the current price.  I'm here to make money and that's exactly what I'm doing.  Lots of it.  So no I'm not sad.  I'm extrtemely happy and giddy with joy right now.  But apparently you can't be satisfied.  You whine when I talk bad about drk and you whine when I don't.  Can't please everyone.

Have a nice day  Smiley
legendary
Activity: 1456
Merit: 1000

There are several shit bags on my ignore list. please don't make me read their crap.

Cheers  Wink
sr. member
Activity: 504
Merit: 251
ASK and you shall rec'v :-)

FINALLY got a MN payment !

10 days - longest run yet :-P

2014-08-20

Great, the system works  Grin
sr. member
Activity: 504
Merit: 251
Good day sir, gimme money for my charity, god bless

This is exactly the reason why masternode charity donations are completely out of question

Out of question for you possibly, but how is that important for everyone else? If you are not creating anything yourself, it seems that your thought here is mostly important for you.

When I update the community on what I am helping create and let positive thinking members know I am working hard on this creative project that is positive, I am sharing my creativity. When you attempt to attack my hearts creativity by trying to paint me as a scammer or a religious freak (whichever one was intended by your fake quote), what you share is your lack of creativity.

First, I have told people that we are not ready to accept donations yet and as for god, my belief in a supreme being is my concern. If you don't believe in the project you are free to not participate. You are also free to participate.

If you have decided to attack Darkcoin related projects, especially this independent charity and in such an easy and a gratuitous way, well... I hope your problems get resolved, just like the other problems of the world. Namaste.

To make it absolutely clear. You are NOT IN ANY WAY associated with Darkcoin even though you desperately trying to make it look that way.
Attack on you and your fantasies is not attack on Darkcoin projects.
And no, problems of this world will not be solved by giving you the money.
Namaste.
legendary
Activity: 896
Merit: 1001
Another security question. If you use cold wallet for your masternode, is there any danger when someone compromises your server?
Even if they manage to break the authentication they still have no access to the local wallet with 1,000 drk and can only seize wallet.dat on the server,
which is usually empty, right?

PS I still have a decent pw, disabled root etc. but would like to know what is the worst thing that can happen Smiley

Correct, if your server is compromised the worst that can happen is that they shut down the daemon and/or use the server for their own purposes, which you can put a stop to by contacting your VPS provider or shutting it down and re-imaging it with a different IP and security credentials from your dashboard. Hopefully you have monitoring in place to alert you that something is amiss, and can act quickly.

The likelihood of your server getting hacked if you have nothing but darkcoind running, all ports except 9999 and ssh closed, and a strong password or ssh key is very, very low, and if it happens it will be almost certainly down to sloppy practices in your password/key management locally, so make sure your local box is locked down too.

Ok this is what I needed to hear as well. I guess its time I put up a masternode. Anyone have a link to the best up-to-date masternode creation guide?

https://darkcointalk.org/threads/drk-guide-rc3-masternode-windows-local-linux-remote-vultr.1367/
(i assume this goes for RC4 as well)

That's the guide I used.  Linux VPS and Windows local cold wallet.  One thing I would point out is that there were people in that thread stating that if they closed their local wallet their masternodes would go offline.  What I found to be causing this in my case was that after you start the masternode and close the local wallet, if you open the local wallet up again and close it the masternode goes offline.  I noticed this after my masternode had been running fine for a couple hours and then was offline.  I had reopened the Darkcoin wallet on the local machine and closed it.  I tested this a couple times and the result was always the same.  The masternode would go offline if I opened and closed the local wallet after it had been closed following entering the masternode commands in the console.  
legendary
Activity: 2548
Merit: 1245
tbh i think Mr. Troll is just trolling us with that remark...
legendary
Activity: 1288
Merit: 1000

but shojayxt is running a masternode now and he expects to get paid!  Things better start changing fast and if I lose another payment because these guys are not in compliance I'm going to be one unhappy camper.  It won't be pretty that's for sure.

To all those out there out of compliance, Pay Up!  You know what you're doing and it needs to stop.  Don't make me track you down to get my drk's.

No but, I can't believe what I'm seeing right now :

Well from someone that just complain since several month, only complain, complain and complain, track the single word on every post to reply negative things day ater day after day.

Now MISTER SHOJA had a MN and what? Change this ASAP? lol just lol.
Because he lost one payment? Must be kiding!

Are you joking?

So if it's not enough for you, that what I want to say to you : Fak off








sr. member
Activity: 252
Merit: 250
I have updated p2pool to support sgminer v5. "--no-extranonce" (which didn't work for everyone) is not needed anymore.
legendary
Activity: 1092
Merit: 1000

Now why did you have to go and do that?

I have valid concerns as a masternode operator.  I'm not getting all my payments because there is no enforcement currently turned on.  It has cost me money already and I'm damn mad!  We need the pool police out in full force tracking these scofflaws down.  You guys might have been okay with letting these thieves get away with your drk's but shojayxt is running a masternode now and he expects to get paid!  Things better start changing fast and if I lose another payment because these guys are not in compliance I'm going to be one unhappy camper.  It won't be pretty that's for sure.

To all those out there out of compliance, Pay Up!  You know what you're doing and it needs to stop.  Don't make me track you down to get my drk's.

This coming from the nº1 troll of this thread ever... now you're an MN owner... man you're one sad human being...
sr. member
Activity: 350
Merit: 250
Would be great to eventually brand and name it something that promotes these aspects of its use.  I love Tor and its capabilities, just hate the word Tor as it has been smeared in the mainstream. But makes sense to call it DarkTor in the present stages as it easily explains what it is.

Could call it DarkMesh or something similar so its not "Tor"

Don't call it Dark or Tor, or any combination.

Call it Web 3.0.

Average Joe and Jane will simply think there is a new internet being created. One where you are not tracked to death by those wanting to sell you something based on what you have been browsing recently or what you were just discussing on Facebook or Twitter.

If you give it a generic label resembling something people already trust, you beat the name association game of, Tor = bad, Dark = bad, DarkTor = very fucking bad.

Bitcoin has had to fight a similar problem. Its taking years and years to shake off the negative images that the media were able to cast on it.

Web 3.0 has a ready made narrative: we are pissed off with all the shit ads being targeted at us by internet giants needing to show quarter by quarter revenue growth.

We think the internet is free, but its not. We pay by allowing others access to our identities, and we don't even ask them to pay for it.

If you maintain this status, you will lose your identity because you can become a media campaign and herded to buy things at given times of they day, week, month or year.

Stop being sheep. Pay up $0.10 in DRK to use Web 3.0.

Web 3.0

 This is a very interesting idea. And one that is very easy to understand for the majority of people.

In addition to maintaining tracking privacy it could also maintain physical location of access privacy.

 This would be very important for freedom and access in countries where access to the internet is restricted and is becoming illegal because of some government's fear and desire for control over the population they were meant to serve. It would give the people the power to decide for themselves what is right for themselves and their neighbours, and their neighbours neighbours, to decide for themselves what they want to learn and believe and practice in their daily lives, the power to choose to step out of the sea of lies and out of the mental controls into the other oceans that surely exist.

+1 for freedom from advertisers
+1 for preventing monetization of our personal data
+1 for civil liberties
+1 for freedom of speech
+100 for darkcoin: eCash & Web 3.0!!!!
legendary
Activity: 3066
Merit: 1188
$dollar-signs$dollar-signs

Divide by 10 for reality check factors, then divide by 10 again  Wink
legendary
Activity: 896
Merit: 1001

Now why did you have to go and do that?

I have valid concerns as a masternode operator.  I'm not getting all my payments because there is no enforcement currently turned on.  It has cost me money already and I'm damn mad!  We need the pool police out in full force tracking these scofflaws down.  You guys might have been okay with letting these thieves get away with your drk's but shojayxt is running a masternode now and he expects to get paid!  Things better start changing fast and if I lose another payment because these guys are not in compliance I'm going to be one unhappy camper.  It won't be pretty that's for sure.

To all those out there out of compliance, Pay Up!  You know what you're doing and it needs to stop.  Don't make me track you down to get my drk's.
sr. member
Activity: 246
Merit: 250
Would be great to eventually brand and name it something that promotes these aspects of its use.  I love Tor and its capabilities, just hate the word Tor as it has been smeared in the mainstream. But makes sense to call it DarkTor in the present stages as it easily explains what it is.

Could call it DarkMesh or something similar so its not "Tor"

Don't call it Dark or Tor, or any combination.

Call it Web 3.0.

Average Joe and Jane will simply think there is a new internet being created. One where you are not tracked to death by those wanting to sell you something based on what you have been browsing recently or what you were just discussing on Facebook or Twitter.

If you give it a generic label resembling something people already trust, you beat the name association game of, Tor = bad, Dark = bad, DarkTor = very fucking bad.

Bitcoin has had to fight a similar problem. Its taking years and years to shake off the negative images that the media were able to cast on it.

Web 3.0 has a ready made narrative: we are pissed off with all the shit ads being targeted at us by internet giants needing to show quarter by quarter revenue growth.

We think the internet is free, but its not. We pay by allowing others access to our identities, and we don't even ask them to pay for it.

If you maintain this status, you will lose your identity because you can become a media campaign and herded to buy things at given times of they day, week, month or year.

Stop being sheep. Pay up $0.10 in DRK to use Web 3.0.

Web 3.0

 This is a very interesting idea. And one that is very easy to understand for the majority of people.

In addition to maintaining tracking privacy it could also maintain physical location of access privacy.

 This would be very important for freedom and access in countries where access to the internet is restricted and is becoming illegal because of some government's fear and desire for control over the population they were meant to serve. It would give the people the power to decide for themselves what is right for themselves and their neighbours, and their neighbours neighbours, to decide for themselves what they want to learn and believe and practice in their daily lives, the power to choose to step out of the sea of lies and out of the mental controls into the other oceans that surely exist.
legendary
Activity: 1456
Merit: 1000
Web 3.0 (DarkTor for a little while longer)

Updated thinking from a few challenges on value

Current coin supply is 4.5m

Using 1,000 DRKs to create a MN (this could be changed at any time in the future to link it to, say, $5k per MN)

Assuming we get 2,250 MNs (we already have over 600 just to process privacy mixing).

Assuming we can charge $0.5 / day (about $180 / year)

Assuming average users per day reaches 1m (Tor currently has about 2.2m)

$500k daily revenue split by 2,250 MNs.

Annual revenue per MN = $81k.

Say, costs are $20k.

Profit = $61k.

Profit / Earning multiple (effectively how long you are prepared to wait to get your investment back) = 10

As an investment, each MN would be worth $611k.

As people accept prices rise, this does not take into account increases in costs or revenue.

As MNs are expected to add additional services, for example BTC <> DRK exchanges (I've considered the regulatory issues, and from my current understanding, regulators don't see crypto to crypto as an exchange; only crypto to fiat or fiat to crypto)

So, with other services, each MN could have an investment value of $600k to $1.2m.

As to the issue of causing shortage of DRKs, as Sir Crouton has pointed out, we just change where the decimal point sits.

Bitcoin has max supply of 21m. Bitcoin is intended to transact $billions if not $Trillions. So it was always the case that 21m coins would be segmented down, thereby increasing liquidity. Same for DRK. Its a non-issue.

MN = Infrastructure, which is optional.

DRK = currency

edit. more challenges please.

This is the sort of approach that gets new investors into crypto. I want some more robust arguments for and against.

DRK can be worth $billions with something tangible like this.
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