[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4792.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: roundmaster on July 13, 2014, 09:23:42 AM

Quote from: Drobek on July 13, 2014, 09:15:51 AM

Quote from: Chronikka on July 13, 2014, 09:09:00 AM

Why did it have to be 20%? That just feels excessive. People will run masternodes for less

Ah come on.. in the same way you can say people would mine for less. And in fairness, nothing would happen with 50:50 share - the number of miners would decrease and so the difficulty would decrease as well.

Based on the MN payments I decided to invest about 4000 euro into 500 darkcoins I needed to get the MN.
80:20 seems fair to me and if you think MN are paying too much... well - get one.

Giving free coins, this is what masternodes really do is a very bad things for a crypto. We had 'premine', ,and now a 'postmine' equivalent concept. Masternode are nothing related to anonymity, and is not a good POS implementation, and so the word 'progres' is absurd here.

Masternodes provide the anonymity.

Proven, actual, working anonymity, which is about to get a whole lot better too, with pre-anonymised coins for everyone to spend, in RC4.

roundmaster

member

Activity: 81

Merit: 10

Quote from: Drobek on July 13, 2014, 09:15:51 AM

Quote from: Chronikka on July 13, 2014, 09:09:00 AM

Why did it have to be 20%? That just feels excessive. People will run masternodes for less

Ah come on.. in the same way you can say people would mine for less. And in fairness, nothing would happen with 50:50 share - the number of miners would decrease and so the difficulty would decrease as well.

Based on the MN payments I decided to invest about 4000 euro into 500 darkcoins I needed to get the MN.
80:20 seems fair to me and if you think MN are paying too much... well - get one.

Giving free coins, this is what masternodes really do is a very bad things for a crypto. We had 'premine', ,and now a 'postmine' equivalent concept. Masternode are nothing related to anonymity, and is not a good POS implementation, and so the word 'progres' is absurd here.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: Drobek on July 13, 2014, 09:15:51 AM

Quote from: Chronikka on July 13, 2014, 09:09:00 AM

Why did it have to be 20%? That just feels excessive. People will run masternodes for less

Ah come on.. in the same way you can say people would mine for less. And in fairness, nothing would happen with 50:50 share - the number of miners would decrease and so the difficulty would decrease as well.

Based on the MN payments I decided to invest about 4000 euro into 500 darkcoins I needed to get the MN.
80:20 seems fair to me and if you think MN are paying too much... well - get one.

Funny isn't it, these dunces are complaining about an investment opportunity that just pays too damn much!

Drobek

sr. member

Activity: 504

Merit: 251

Quote from: Chronikka on July 13, 2014, 09:09:00 AM

Why did it have to be 20%? That just feels excessive. People will run masternodes for less

Ah come on.. in the same way you can say people would mine for less. And in fairness, nothing would happen with 50:50 share - the number of miners would decrease and so the difficulty would decrease as well.

Based on the MN payments I decided to invest about 4000 euro into 500 darkcoins I needed to get the MN.
80:20 seems fair to me and if you think MN are paying too much... well - get one.

DogTheHunter

sr. member

Activity: 784

Merit: 272

Quote from: Chronikka on July 13, 2014, 09:09:00 AM

Why did it have to be 20%? That just feels excessive. People will run masternodes for less

I'm slowly accumulating a few more coins each day on dips, so I don't have enough for a master node yet, but not far off. If it was less than 20%, I don't think I would be that incentivised to get one.

That's the buying pressure right there. Buying pressure creates value for all coins, doesn't it? Without master nodes and incentivises to own them, I wouldn't be that interested in darkcoin.

roundmaster

member

Activity: 81

Merit: 10

Quote from: roundmaster on July 13, 2014, 09:12:36 AM

Quote from: johnray on July 13, 2014, 09:07:48 AM

Quote from: Drobek on July 13, 2014, 08:55:10 AM

Quote from: johnray on July 13, 2014, 08:51:17 AM

To come back to 20% tax code issue (masternode...). Here is an answer for the miners; You will find here a p2pool fork without the 20% tax code:
https://bitcointalk.org/index.php?topic=688510.new#new

If you do not like 20% support to the masternodes feel free to mine one of remaining 99.8% coins on the market

I like crypto bu I don't like scam software implementation .

You have done something questionable with that feature....

You are right this feature is not a 'progres' at all, and the implementation is more than questionable...

And good idea for the p2pool update and fix:

git clone git://github.com/repojohnray/p2pool-altcoins-drk-taxfree.git

Here is a public p2pool node using this fork code; You can join.

http://next.awiki.org:8175

roundmaster

member

Activity: 81

Merit: 10

Quote from: johnray on July 13, 2014, 09:07:48 AM

Quote from: Drobek on July 13, 2014, 08:55:10 AM

Quote from: johnray on July 13, 2014, 08:51:17 AM

To come back to 20% tax code issue (masternode...). Here is an answer for the miners; You will find here a p2pool fork without the 20% tax code:
https://bitcointalk.org/index.php?topic=688510.new#new

If you do not like 20% support to the masternodes feel free to mine one of remaining 99.8% coins on the market

I like crypto bu I don't like scam software implementation .

You have done something questionable with that feature....

You are right this feature is not a 'progres' at all, and the implementation is more than questionable...

Chronikka

hero member

Activity: 658

Merit: 504

Why did it have to be 20%? That just feels excessive. People will run masternodes for less

johnray

member

Activity: 104

Merit: 10

Quote from: Drobek on July 13, 2014, 08:55:10 AM

Quote from: johnray on July 13, 2014, 08:51:17 AM

To come back to 20% tax code issue (masternode...). Here is an answer for the miners; You will find here a p2pool fork without the 20% tax code:
https://bitcointalk.org/index.php?topic=688510.new#new

If you do not like 20% support to the masternodes feel free to mine one of remaining 99.8% coins on the market

I like crypto bu I don't like scam software implementation .

You have done something questionable with that feature....

thelonecrouton

legendary

Activity: 966

Merit: 1000

Can you imagine this supposed outrage the other way around?

I have invested $10000 in masternodes to make this coin anonymous and some bustard miner comes along with his poxy $100 GPU and STEALS 80% of my profits! AAAAgghhhrrrrrrr! gnash froth gnash

Grin

Miners and masternodes are both necessary for the function of Darkcoin, and the risk/reward numbers are actually pretty close in terms of investment needed for either.

tombtc

sr. member

Activity: 471

Merit: 250

These guys simply don't want Darkcoin development to progress which means they don't want any good for DRK. Just flip the switch and bye!

Drobek

sr. member

Activity: 504

Merit: 251

Quote from: johnray on July 13, 2014, 08:51:17 AM

To come back to 20% tax code issue (masternode...). Here is an answer for the miners; You will find here a p2pool fork without the 20% tax code:
https://bitcointalk.org/index.php?topic=688510.new#new

If you do not like 20% support to the masternodes feel free to mine one of remaining 99.8% coins on the market

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: johnray on July 13, 2014, 08:51:17 AM

To come back to 20% tax code issue (masternode...). Here is an answer for the miners; You will find here a p2pool fork without the 20% tax code:

https://bitcointalk.org/index.php?topic=688510.new#new

Dark miners, especially on p2pool, have just puked a little at that moronic post.

johnray

member

Activity: 104

Merit: 10

To come back to 20% tax code issue (masternode...). Here is an answer for the miners; You will find here a p2pool fork without the 20% tax code:

https://bitcointalk.org/index.php?topic=688510.new#new

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: hartvercoint on July 13, 2014, 08:07:29 AM

Well, there is something happening on ltc1btc's end. http://drk.poolhash.org/masternode.html?srch&nmstr=x11ltc1btccom03

One of their subpools has been paying for 6 hours now. Only 10% however. But it seems they're not totally unwilling. Hopefully testing this on one server and then updating the others like multipool.us did.

OMG for real?? That is MASSIVE news!! Grin

I just dropped a line on their thread too, as well as sent a pvt msg to the pool op, last active this morning. I'd invite everyone to do it too, but please be courteous and polite. No need to give github links or whatever extra info, just this nice URL that has everything relevant. They run a pool, so they know what is what.

http://wiki.darkcoin.eu/wiki/Important

EDIT: Just checked... they seem to be paying the 10% version Tongue

Nothing "bad" about it, at least they're on the subject! Hopefully, they'll update to the latest version.

hartvercoint

full member

Activity: 224

Merit: 100

Quote from: slapper on July 13, 2014, 07:55:45 AM

Quote from: vertoe on July 13, 2014, 07:42:00 AM

Quote from: DogTheHunter on July 13, 2014, 05:40:35 AM

Quote from: eltito on July 12, 2014, 11:51:19 PM

Quote from: camosoul on July 12, 2014, 11:12:45 PM

Quote from: newb4now on July 12, 2014, 11:11:57 PM

How is the dev team going to respond if some of these pools decide to never update? I think some of them are choosing to not pay masternodes on purpose

Orphan all their blocks. Has been the plan all month...

^^ What he said. Hunting down non-paying pools is a stop-gap measure while we await the implementation of code which will force pools to comply or render the blocks they find useless. This is generally what people in this thread are referring to when they talk about "enforcement" (though enforcement can refer to any feature in a broader context).

So enforcement doesn't ban pools, the network just won't accept their blocks if they haven't paid a master node when a block is submitted?

Yes.

It's currently only one big pool which did not update. The rest can be considered as dust.

Last 24h - Pool / Blocks:
- x11.ltc1btc.com 122
- ghash.io 6
- darkcoin.cryptocurrency.tw 5
- nicehash.com 4
- dark.v2.dedicatedpool.com 3
- dark.hashrate.eu 0

Yah ltc1btc complying would mean >98% overall. They are knowingly dodging the update, as Presidente noted yesterday, by trying to change their payout address.

Proveceday's ltc1btc thread https://bitcointalksearch.org/topic/professional-xc-multipool-launched-for-x11-and-scrypt-mine-xc-after-pow-ends-627405

Last 3 posts are from DRK members asking him to update, but as expected no response from him.

http://wiki.darkcoin.eu/wiki/Important

Well, there is something happening on ltc1btc's end. http://drk.poolhash.org/masternode.html?srch&nmstr=x11ltc1btccom03

One of their subpools has been paying for 6 hours now. Only 10% however. But it seems they're not totally unwilling. Hopefully testing this on one server and then updating the others like multipool.us did.

DogTheHunter

sr. member

Activity: 784

Merit: 272

Quote from: DogTheHunter on July 13, 2014, 07:48:10 AM

Quote from: kbm on July 13, 2014, 06:36:11 AM

Quote from: DogTheHunter on July 13, 2014, 05:30:09 AM

All the leading projects with some credibility should pool together to distribute articles on anonymity problems with litecoin, bitcoin, etc. Do it through one person who writes everything in generic terms not xmr is better than xyz. When anonymity is on the radar as an issue, all related prices will go up, then you can start to distinguish differences.

This idea is nice, but the ongoing FUD campaigns inevitably breed distrust in the cross-community comparison. One needs to be understood and dealt with before the other. It would be interesting if it were revealed that no anonymous competition is behind this, but at this point it's not possible to tell. It's an effective campaign, and is recently losing ground IMO.

Quote from: TheMage on July 03, 2014, 11:00:58 PM

This thread is going out to all those who stand for Cryptos, whether it be Bitcoin, Litecoin, Dogecoin, Darkcoin, NXT, NEM or something else (sorry I didnt mention others!).

I for one am putting my foot down (with little no no authority here obviously) and standing up for all cryptos and also that get consistently bashed by trolls!

This post really made me make this thread (https://litecointalk.org/index.php?topic=20452.0), and I would love to see community members across all isles band together and put a stop to the coin bashing.

Recently I have seen a significant increase in coin bashing from a few trolls, and as a community we need to put a stop to this and defend all cryptos that are trying their damnness to create something that will have a good alternative or possibly even replace fiat. We are all brothers and sisters in the same community, whether you realize this or not.

I am a Litecoin advocate and proud of it, but that doesnt mean I hate other cryptos. Rather I recognize that we are a family, and we are stronger when standing together.

As a side note and forewarning, this is also a self moderated thread to remove any trolls that come in here and spread the hate. For all I know they are NSA lackies that were hired to spread FUD (and before the tin foil hat posts go up, realize that the NSA had people playing WoW looking for terrorists rofl).

Suspicions noted: more than a few people think this is an idea worth spreading.

new thread, but bump

vertoe

hero member

Activity: 518

Merit: 505

Quote from: tombtc on July 13, 2014, 08:00:52 AM

Are we seriously dependent on that pool? What if they never update?

We are not. If they dont update they will fork off after enforcement and keep getting orphans, that's all.

tombtc

sr. member

Activity: 471

Merit: 250

Are we seriously dependent on that pool? What if they never update?

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: vertoe on July 13, 2014, 07:42:00 AM

Quote from: DogTheHunter on July 13, 2014, 05:40:35 AM

Quote from: eltito on July 12, 2014, 11:51:19 PM

Quote from: camosoul on July 12, 2014, 11:12:45 PM

Quote from: newb4now on July 12, 2014, 11:11:57 PM

How is the dev team going to respond if some of these pools decide to never update? I think some of them are choosing to not pay masternodes on purpose

Orphan all their blocks. Has been the plan all month...

^^ What he said. Hunting down non-paying pools is a stop-gap measure while we await the implementation of code which will force pools to comply or render the blocks they find useless. This is generally what people in this thread are referring to when they talk about "enforcement" (though enforcement can refer to any feature in a broader context).

So enforcement doesn't ban pools, the network just won't accept their blocks if they haven't paid a master node when a block is submitted?

Yes.

It's currently only one big pool which did not update. The rest can be considered as dust.

Last 24h - Pool / Blocks:
- x11.ltc1btc.com 122
- ghash.io 6
- darkcoin.cryptocurrency.tw 5
- nicehash.com 4
- dark.v2.dedicatedpool.com 3
- dark.hashrate.eu 0

Yah ltc1btc complying would mean >98% overall. They are knowingly dodging the update, as Presidente noted yesterday, by trying to change their payout address.

Proveceday's ltc1btc thread https://bitcointalksearch.org/topic/professional-xc-multipool-launched-for-x11-and-scrypt-mine-xc-after-pow-ends-627405

Last 3 posts are from DRK members asking him to update, but as expected no response from him.

http://wiki.darkcoin.eu/wiki/Important

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4792. (Read 9723795 times)