Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4542. (Read 9723748 times)

yeah! rly cool whats going on. bears vs bulls. i think the bulls will make it

Sunday pump. Nice

YES!! Thank you!

Here is a post by fernando. Just please take into consideration since this post, now we have 8 rounds of Masternodes going on RC4 testnet.

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you are right. If someone controlling both masternodes can deanonymize transactions (haven't checked with devs, maybe there is some measure in that area already), the risk is still there. However, thanks to the high number of masternodes, it is extremely low. I've done some numbers for 600 masternodes (we are at 605 now), 800 and 1000. At 600 you need 61 masternodes (now about 436k USD) coordinated to act roguely to get a 1% chance of deanonymize a transaction. With 1000 masternodes you need more than 100 masternodes for that 1%.

Of course, if you are just looking for any transaction, even a low percentage maybe good enough, but I'm sure devs can do something in the communication with MNs so the probability goes to zero. Something needs to be left for Darksend++ or the fun is going to be over too fast :wink:

You can check the numbers at the table below or in Google Docs: http://j.mp/1mEtWz4

i like the input from anonymint, he helped improving drk a lot months ago..

This? https://darkcointalk.org/threads/development-updates-july-7th.1735/page-2#post-11487

No you shouldn't worry about the things that anonimity writes on these forums.  
DRK is safe.

I heard Andreas Antonop. go deep into it. In reality, you can pull of a successful double spend attack with far less, like 20 or 25, cant remember exactly. But that will only be good for 1 block.

51% is to, theoretically, take over the network entirely forever. But mathematically, it can be done with a little under 50% with just plain dumb luck.

It is... which is why DRK is also Proof Of Service.

i followed the discussion with anonymint quite a while ago, as far as i understood less than 51% are possible to attack on non POW.
there where also some other security concerns can't remember that exactly, maybe i find the thread

This is something that was a huge problem when POS was originally added. The problem was that coins were running POW and POS at the same time, think of TAG coin.

Now, most coins have somewhat fixed the code and made the forking less of an issue. What that link proposed is quite similar to a 51% attack on BTC. It's possible, but not likely. If an "ALT" is a widely used coin and has a ton of people backing it/mining it, it's far less likely.

Just my thoughts, i'm in no way a coin dev.

Darkcoin's MasterNodes make it a much more complex venture for cloners down the road to profit off of the real work that is being done right now. Don't forget that part of the discussions back in the day was to make the entire decentralized infrastructure unparalleled, so it isn't going to be simple for a rogue dev to click on the GitHub fork button and launch their scams on a daily basis with numeric tweaks in main.cpp

Look at the obsession with Darkcoin across the communities. They don't have the source, so they are cloning the phonetics associated with Darkcoin (*Send, *Node, DarkCash, BitcoinDark etc) while at the same time bashing the coin non stop.

Also 20% MN revenue is just the beginning. There are quite a lot of plans of services around it that are not going to be CDS AAA rating fraud   CLONE THAT.

Not entirely sure what to think of this, and how likely such an attack is, but certainly happy that Darkcoin is PoW: Proof-of-stake is “fundamentally flawed”

Agreed, that's quite a few fixes!

there are 12 months free on amazon??

bound to any contract or just free??

Getting closer and closer.... from darkcointalk ;-)


very impressive work going on here!

Exactly! And what is the difference between hacking into a server to look at an empty wallet and darkcoind running, than just collecting the traffic and analysing it themselves with the readily available daemon from darkcoin.io ?

Dammit, can't find the statistical analysis about owning a ton of nodes and trying to subvert the network... its somewhere on darkcointalk.org

At this point they would need a warrant to do this. There is nothing illegal with encryption/anonymity. So, unless this changes, any US based servers are no different than servers located outside the US.

If you think that a GOV agency can't access/view a server located in another part of the world, just as they can in the US, you're fooling yourself.

Don't worry about this. How exactly would they shut them down and they would need a good reason to do it too.

Worst-case scenario:
The NSA, having negotiated administrative access all major US hosting companies, in order to facilitate their legal entitlement to uninhibited warrantless data collection of "potential terrorists", shut down all Masternodes hosted by US corporations, including those hosted on foreign soil. Simultaneously they launch hundreds of Masternodes, having accumulated a few hundred thousand DRK mining at "unprofitable" rates for the last few months with high-end, taxpayer-funded  mining rigs. After all, they don't have to work to pay the electricity bills.  Now, taking control of a large majority of the masternode network, they use Darksend+ 2 x mixing on thousands of adresses in hope of exposing some mixes performed exclusively by NSA controlled masternodes. They succeed. The market is spooked. Darkcoin plummets. Confidence is lost.

I think the chance of something like this happening - if it's possible at all - is extremely slim. But I think for Darkcoin to be truly successful, it's necessary to eliminate any factors which could deter potential investors. There are already a few thorns in Darkcoin's side and although I think there are satisfactory answers to most of the questions Darkcoin's many trolls ask time and again, they don't need any more ammunition. After all, you don't just lose a potential investor, you also lose out on them recommending Darkcoin and any subsequent investors and recommendations.

Too early to invest in Ethereum, people see some official looking documents and lots of promises of things to come and they get excited.

Happy to wait and see on Ethereum, if it goes well then I'm fine paying a few extra DRK to invest at a later stage.