Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4379. (Read 9723733 times)

Proof of work was partly invented to stop email spam.

If you use PoS, you create spam. A few people able to create many staking wallets. That is partly why PoS = proof of shit (jack shit, i.e. nothing).

Miners really need to stop acting like we have to please them. You are welcome to switch to another coin if you don't think that 80% of the block reward is sufficient. And when you do, each remaining miner gets slightly more, that's the beauty of it. It's a self correcting system. If enough miners leave, the block reward goes up, rewarding the remaining miners even further.

i'm getting some Darksend Denominate transactions on Testnet.. is looking good.

I agree it some security but there no true network security.

bitcoin even can get 51% attack.

It seems to me coins that stake and use no power can survive in future without spending power.

dude - happy birthday

Whoops...
http://www.coindesk.com/bitcoin-block-chain-now-searchable-duckduckgo/
Already done

Fuck this noise. It's my b-day. I'm off to make poor decisions in the company of sordid women,..

I prefer to look at it from a more accurate perspective.

DRK is hybrid block proof. Miners are only 50% of the contribution, but they get paid 80% of the block reward. And they complain about that?

They're used to being the only thing that proves a block. Now that they have to share that job with another block proof concept, they want MNs to get paid nothing at all while doing half the work...

Yeah, makes sense, totally...

Whiny miners, fuck off. Idiots who don't understand the fundamental changes, fuck off.

Fundamentals. Fundamental changes... The reason they aren't noticing is because they're shitcoiners who aren't even looking and wouldn't understand even if they did. Stupid is as stupid does.

It would be the smart thing for the hacker to do. 

So our work is just about to begin.

We have our eCash. Now we need to start building stuff to use it with.

Anyone keeping up with the Bter hacker story?
So if this Bter hacker exchanges his 50m stolen NXT (worth 1900 BTC) into DRK like the MyCoin MintPal hacker did to anonymize, does that officially make Darkcoin the preferred anon coin for hackers everywhere?

Edit: Haha, apparently Bter tried to pay off the guy in BTC: https://blockchain.info/address/13UZjKkhHWyTmQ4mx28WT5Wj1zw4pEByZw
https://nxtblocks.info/#section/blockexplorer_messages

Popcorn, please.

Everybody needs to calm down for a bit, individual opinions are just that, and we are free to debate but they do not represent the opinion of the majority or of Darkcoin. Everybody is valuable and of course the coin needs its miners and they are rewarded for their efforts, so could we please move on.  Every time we have price swings, detractors of the coin come here to try to exacerbate any issue and make it seem like a crisis.  This is an RC and a few tweaks are expected the important thing is we are already on mainnet and we are not going back Evan will fix any minor issues we have and we continue forward. There are 3 types of sellers right now: the ones that honestly want out and that is their prerogative and we respect their decision, the ones that are trying to sell to buy lower ( this is the majority in my opinion) well good luck to you guys it is really a lottery and the ones that are panic selling, don’t panic sell that is one of the worst things you can do, actually the panic sellers feed the rest, you haven’t lost anything until you sell.   If you believe in anonymous crypto currencies then hold, Darkcoin is facing growing pains that all projects would eventually face  if they were real but none of the others are there yet. So do not panic sell Darkcoin is here to stay, this launch ensures the continuity of the project, a failed launch would have been catastrophical, this was a successful launch, no forks, no reverting, we go forward.  Evan fixes the kinks, Kristov finishes his review, we go to RC5. Other projects are a time bomb just like us they will eventually have to face reality you cant put off the launch forever we are here and we survived, now we can continue and when you see the Darkcoin blockchain turn into a fog in the next couple of weeks confidence will grow.

He has no idea what he's talking about.
PoS is flawed because it makes the rich richer (won't go into the technical part). That's not helping anyone.
Still we don't have 600 MNs that have updated.
People move.

Essentially, yes. It's all about math. If you or others stop mining, then block reward goes up and difficulty goes down, mining becomes more profitable, and others come in to fill your shoes.

Miners who think that they are being treated badly are idiots for having that broken perspective and broken brain that gave it to them. We don't need people with that shit attitude anyway. Miners have been the only security, but that isn't true anymore. Miners are just made that they have to share the job with a hybrid proof and want to keep their partners from making anything at all... Miners get 80% of the pay for doing 50% of the work, and they claim they're being treated like shit...

I have been mining DRK since about 20 minutes after I heard about it, and still mine it. I don't give a fuck about other miners, they can mine whatever they please. Miners are necessary but they are easily replaced, it's called a feedback loop.

Don't like mining DRK, or 'losing' 20% of block reward to the masternodes that give the coin value? Sod off and mine something else.

Thanks man, giving it a go now.

This is a controversial topic and PoS is still in experimental stage but so far we know from the markets, PoW seems to be superior to PoS.

thanks, still think its odd that its been dumped, only logical explanation for me is that people are trying to manipulate the market to get cheaper drk. It makes no sense to me to invest in a anon coin and wait for the anon implementation, rc4, and when its there and (almost) working bug free dump the coin before it has risen.. sometimes you think you are certain of something and then the opposite happens.. but that's the crypto world I guess..