Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4245. (Read 9723768 times)

Development Update - August 19, 2014

Utilizing the Masternode network - DarkTor

One of the future goals is to turn the masternode network into a decentralized business for masternode operators. To do this we’ll add features that improve the privacy of end users and compete with centralized businesses. Our first endeavor into this is to make a completely private tor network within Darkcoin.

The Darkcoin network will begin to offer anonymous internet access via the masternode network. As a user, all you’ll have to do is pay a fee for 24 hours of access. This fee will be paid to a masternode in much the same way the masternode fees are paid, using a deterministic algorithm for distributing the payments evenly across the whole network.

There’s a few benefits to running a private tor network through Darkcoin.
Sybil resistant - Due to the cost of obtaining masternodes, it will be very difficult for any one person to view all traffic.
Anonymous Payments - Users can pay anonymously for the service
Private Network - Our tor network will be internal to darkcoin only. All traffic will be paid traffic, so the cost of running the service should be profitable for the masternode operators.
Faster than tor - Tor has historically been very slow. This will be a lean version, that has much higher throughput.

As for the cost of the service we’re thinking $0.50 per day or something to that effect.

We’re still working on the details how this will function and this isn’t a feature that we’re absolutely set on. We’re very interested to get the community’s response to see if it’s viable .

Other Future Ideas

Maybe after it’s opensource other developers can help with some of these ideas:

https://darkcointalk.org/threads/list-of-future-development-ideas.89/

STRONG! DARKCOIN!

STRONG!



I know why I love this coin.

Is DarkTor the definite name? The word Tor is becoming a little synonymous with drugs and child porn. VPN and others not so much.

thanks Ignition75! awesome!

Development Update - August 19, 2014


Bug squashing and the stability of Darksend

During the last week we’ve been squashing bugs in the RC4 client and getting everything as stable as possible. As of the last update, it’s working for nearly everyone and humming along.

The next 3-6 weeks will be spent creating the RC5 client which will have a few minor updates including some known issues resolved along with a basic gui that shows the current status of Darksend.

Also, we’ll be working on improving the Darksend source code and getting it ready for other programmers to help out. It needs heavy commenting and some basic refactoring.

Kristov Atlas and the code/security review

Kristov is preparing deliverables for both the strength of anonymity and the code security of Darksend. Expect this to be released while work on RC5 is ongoing. Depending on what Kristov has found, this could delay RC5 so that we can fix important issues. As it currently stands, that doesn’t appear to be a concern.

Enforcement

Due to the delayed release of RC4, enforcement of masternode payments was not able to be extensively tested. We plan on beginning testing this feature soon. If possible, it will be turned on in mainnet before the launch of RC5.

Open Sourcing

RC5 should be solid for open sourcing. We’ll have someone else look the source over, then we’ll be open-sourcing soon after. While this is ongoing, we’ll start work on our next project.

Utilizing the Masternode network - DarkTor

One of the future goals is to turn the masternode network into a decentralized business for masternode operators. To do this we’ll add features that improve the privacy of end users and compete with centralized businesses. Our first endeavor into this is to make a completely private tor network within Darkcoin.

The Darkcoin network will begin to offer anonymous internet access via the masternode network. As a user, all you’ll have to do is pay a fee for 24 hours of access. This fee will be paid to a masternode in much the same way the masternode fees are paid, using a deterministic algorithm for distributing the payments evenly across the whole network.

There’s a few benefits to running a private tor network through Darkcoin.
Sybil resistant - Due to the cost of obtaining masternodes, it will be very difficult for any one person to view all traffic.
Anonymous Payments - Users can pay anonymously for the service
Private Network - Our tor network will be internal to darkcoin only. All traffic will be paid traffic, so the cost of running the service should be profitable for the masternode operators.
Faster than tor - Tor has historically been very slow. This will be a lean version, that has much higher throughput.

As for the cost of the service we’re thinking $0.50 per day or something to that effect.

We’re still working on the details how this will function and this isn’t a feature that we’re absolutely set on. We’re very interested to get the community’s response to see if it’s viable .

Other Future Ideas

Maybe after it’s opensource other developers can help with some of these ideas:

https://darkcointalk.org/threads/list-of-future-development-ideas.89/

https://darkcointalk.org/threads/development-update-august-19-2014.2086/

Open a bottle sit back and relax......... or go crazy and jump up and down ;P

splawik21`s masternode shares

Since Vertoe`s service is down splawik21 and raganius are looking for 3rd even 4th person to get shares in new MN.
1000 shares to distribute.
I`ll setup the MN and will do manual payments 1-3 times a week (depends of payments) unfortunatelly have no skills vertoe has.

splawik21 - 304 shares
raganius - 297 shares
shares left = 401 shares

15% fee if the price is lower that 0,01 btc
10% fee if the price is between 0,01 - 0,02 btc
5% fee if the price is between 0,02 - 0,03 btc

If Vertoes service will come alive I`ll close the MN with all coins resent on your wallets.

PM if interested

Be they trolls or pumpers, take from them what you want. I for one have found interesting tidbits of info and ideas from both Ozziecoin and Drkwarrior. Unfortunately it comes at a price when we have to wade through their back and forth.

My gosh, do suckers really take such people seriously?  I mean they sound like charlatans and con artists.  I guess if you want to ride their tails because they have the funds to manipulate the market.... but crap, that just hurts cryptos.

And how do you know they won't stay away?  They'll just come back with another name.

Still a bit low for the week though
That said I am happy to see it back at this range and want to see it go to 0.015 with the news update and hopefully some bullish sentiment we will get there 
All the dumpers left lol.

I think I'd be less worried about this if I was convinced that it wouldn't corrupt Evan's original equilibrium principle between masternode supply and demand so that the majority of the coin supply was kept in circulation.

That's partly what I meant by "highly controlled" in my little rant above.

Right now, this works because the PE ratio of a masternode is calculated (and fixed) purely in terms of DRK (at 20% of the mined supply). What that means in fiat depends on the value of DRK's role as a currency.

On the other hand, with the new service model, the PE ratio will be calculated in terms of FIAT and will have a fixed revenue in fiat (in $ per hour of service). This turns the whole thing on its head because 1 Darkcoin now becomes no more than a share unit in a fiat revenue model. The price equilibrium will now revolve around the fiat ROI on a masternode and all DRKs will go out of circulation at that price point.

That's where I see the huge banana skin in this whole idea.

Wow, that's very....wow

Darkcoin gone up over 100% in less than a day from yesterday.

Im excited for things to come. It IS absolutely genius. who wouldn't pay 50 cents or so for 24 hours access. Journalists will use it for sure everyday. Stock brokers.. anyone who doesn't want their stuff being seen. Absolutely brilliant.