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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4895. (Read 9723748 times)

sr. member
Activity: 784
Merit: 272
Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.

An asset class means that you can sell some of the future revenue potential it generates as part of your current sell price.

If there is a limited number of master nodes, you can say, I will sell you my master node for 3 times the current value.  Thats how stocks and investment property work, but only if there is scarcity of supply.
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
361 coins on coinmarketcap. All competing. All trying to attract the same money.

I wouldn't look at it this way.

The worlds available investment capital is in the TENS OF TRILLIONS, not the laughable 10 billions that the total cryptocoin marketcap is.

So obviously altcoins are trying to attract NEW people with NEW money.... so trying to take away from other coins instead of attracting new people is totally retarded.
legendary
Activity: 3570
Merit: 1126
Earn your own DRK coins by mining at the multipool. Not only that, you can earn DRK using your old ASIC hardware on SHA256 and SCRYPT coins!


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To mine:

How does it work?

xpool offers 3 different sets of coins to mine. SHA256, Scrypt and X11. Each algorithm runs on a shift. Currently there is no set interval as there needs to be enough found and confirmed blocks to make trading worthwhile on the exchanges. We don't want to finish a shift only to find out, the exchanges are going to eat up the payout in fees or limit the withdraw with a large minimum. The confirmed coins are traded throughout the duration of the shift automatically to maximize the profits from exchanging them into DRK. Once enough confirmed blocked are accumulated, the shift is moved into "Trading" status while all the exchanged coins are calculated into DRK and then queued for payment. Once all the coins are confirmed as successfully traded and exchanged, the DRK payments are sent.

As the pool picks up more hashing speed and sufficient DRK can be picked up from the exchanges, the shifts will be set to a schedule and payouts more frequent and less worry about the exchanges. This is a growing phase so the more hash support the better.
If a DRK block is found, there's no exchanging or loss of fees as it can simply be moved into the X11 payout queue.

The advantage of the pool is that you can utilize your older ASIC equipment to earn you the more desired DarkCoin.
Cheers and Happy Hashing!

Donations welcome!
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hero member
Activity: 2170
Merit: 640
Undeads.com - P2E Runner Game

Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

I don't see why it shouldn't. Crystalballing is totally useless right now.

I think somebody dumps DRK/BTC to dump LTC/DRK for a better rate, and/or to buy DRK/FIAT cheaper.
I suspected such game earlier, when Bitfinex opened for FIAT. Carry trade strategy going on.

Or some exchange is short selling against their customers. We'll see by the momentum once they start to cover, if so.
sr. member
Activity: 784
Merit: 272

Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

Need to rely on BTC for the dollar price from now on.

Alternative theories welcome.


I think crypto is full of too many competing interests.

361 coins on coinmarketcap. All competing. All trying to attract the same money. Mostly trying to FUD each other. Scams are allowed to go unchallenged because so many people use FUD that scammers can hide behind the FUD argument.

The net impact is hardly anyone wins. No new money is attracted. The fiat status quo is maintained.

I'm trying to find a different approach. Look for a group of coins that are credible. Darkcoin seems to fall into the category.

Spend your time working on shaking out the scammers, organise cooperation between those that have no hope (been around for a long time and are down at the bottom) and those that have a chance. Find a way to give incentives to those who must leave their no hope coins behind. Then you can arrange for a smaller group of competitive coins to move forward and either challenge bitcoin or demonstrate sufficient quality to attract new fiat money. That would shift the price above 3

I think this would be my advice to other coins I'm looking at.
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000

Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

Need to rely on BTC for the dollar price from now on.

Alternative theories welcome.


Why is that ?

P.S. : I don't think so, the increase of DRK value can be exponential.
full member
Activity: 224
Merit: 100

Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

I don't see why it shouldn't. Crystalballing is totally useless right now.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.
legendary
Activity: 3066
Merit: 1188

Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

Need to rely on BTC for the dollar price from now on.

Alternative theories welcome.
sr. member
Activity: 784
Merit: 272
Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?
hero member
Activity: 756
Merit: 500
I think there's an gerally problem and they are working on it. DRK with my masternode is my last chance to ever get out of crypto without loosing my 5000€ i once inversted.

There is no problem. When you roll a die five times and roll 1 five times, would you suspect the die of being rigged? It's been way too little time to say anything about the correctness/randomness of votings.

Your masternode is worth exactly 5000€ at the moment. So I don't get your "I'm losing everything" attitude right now.
"I am loosing everything" is only related to my crypto invest. I don' t feel comfortable to roll the dice again and sort out how to spread them around over other cryptos. I hold on my masternode and will wait how things go on. The only coin i do not feel it could be a scam is DRK. All ALT's only seems to be only existing to made BTC from it. DRK is to only one for me with a clear described future and people behind it - thats all.
legendary
Activity: 966
Merit: 1000
Reset IP on the non-voted node. Create new genkey, make a new 1k deposit, and fire it up again!

It's been voted for recently so there's no need to panic.

No offense, but I think that's bad advice anyway. As long as other nodes show your node as active it will be voted for eventually.
Of course a lot of people say "I changed the IP/deposit address/mnprivkey and after that it worked". People (me included) can't grasp randomness. Things will look odd to us while mathematically everything's totally fine and normal.

What you want to happen will always appear to happen much less often then it apparently should and vice-versa.

E.g. people think they miss trains / busses / the subway "all the time" while that actually happens hardly ever relative to how often they get it.

Yep. Re-doing your IP/pubkey/privkey etc. will just lose you your current votes.
full member
Activity: 224
Merit: 100
I think there's an gerally problem and they are working on it. DRK with my masternode is my last chance to ever get out of crypto without loosing my 5000€ i once inversted.

There is no problem. When you roll a die five times and roll 1 five times, would you suspect the die of being rigged? It's been way too little time to say anything about the correctness/randomness of votings.

Your masternode is worth exactly 5000€ at the moment. So I don't get your "I'm losing everything" attitude right now.
hero member
Activity: 756
Merit: 500
@Chaeplin:

There's a bug in your masternode.html page.

Quote
20 mins ago   07/06 12:01:48   97453 [1][2]   2891.454   5   suchpool   XhPweVoEC9BLCWGJnCUonYoL7iC4eq5Hwy   1.200000

This should say 6 and according to block explorers it was 6.


@dotnetmin: hang in there! It's like seeing black 10 times in a row in roulette. It seems odd, but it just happens!

So far my nodes got

1 out of 4
2 out of 3
4 out of 9
6.5 out of 13

This already includes 4 payments I wasn't supposed to get regarding to the blocktemplates.

They all went online within like 5 minutes.

The 1/4 node wasn't voted for at all for several days.

Reset IP on the non-voted node. Create new genkey, make a new 1k deposit, and fire it up again!
I did already twice. One ip i had three days without a vote. With my actual i have three days with one vote.
I think there's an gerally problem and they are working on it. DRK with my masternode is my last chance to ever get out of crypto without loosing my 5000€ i once inversted. Weather it works or i will lost all in the end.
I am sad of swimming into the pool full of sharks. It took me to long to find out how crypto works.
I was hanging around too long with ltc and some other alts since december. If i did not got into drk i would already have done with crypto. So i'll see. I already have done with my 5k€ in my mind.
I took too much lifetime with doing "research" in crypto and it isn't worth longer for me. It's only gambling.
Once i thought crypto could change something in the corrupt bankers world but it will never.
I feel much better with highly manipulated PM market because the manipulation into this market will disapear once US is no longer leader into this game. If i will not be alive when it happens, my children will own my PM and i am sure wallet.dat wont be worth anything at this point of time.
sr. member
Activity: 294
Merit: 250
@Chaeplin:

There's a bug in your masternode.html page.

Quote
20 mins ago   07/06 12:01:48   97453 [1][2]   2891.454   5   suchpool   XhPweVoEC9BLCWGJnCUonYoL7iC4eq5Hwy   1.200000

This should say 6 and according to block explorers it was 6.


Thank you. Sure a bug.

I use darkcoin-subsidy-python to calculate reward. It's reward for next block.
https://bitbucket.org/dstorm/p2pool-drk/src/fac408db2d08aa80d69b7b7a50eaf01446c0db0a/darkcoin-subsidy-python/?at=master

fixed. fast can't be changed.
from block 97466, reward is current block's.


Thank you again.
legendary
Activity: 1092
Merit: 1000
@Chaeplin:

There's a bug in your masternode.html page.

Quote
20 mins ago   07/06 12:01:48   97453 [1][2]   2891.454   5   suchpool   XhPweVoEC9BLCWGJnCUonYoL7iC4eq5Hwy   1.200000

This should say 6 and according to block explorers it was 6.


@dotnetmin: hang in there! It's like seeing black 10 times in a row in roulette. It seems odd, but it just happens!

So far my nodes got

1 out of 4
2 out of 3
4 out of 9
6.5 out of 13

This already includes 4 payments I wasn't supposed to get regarding to the blocktemplates.

They all went online within like 5 minutes.

The 1/4 node wasn't voted for at all for several days.

Reset IP on the non-voted node. Create new genkey, make a new 1k deposit, and fire it up again!
full member
Activity: 224
Merit: 100
@Chaeplin:

There's a bug in your masternode.html page.

Quote
20 mins ago   07/06 12:01:48   97453 [1][2]   2891.454   5   suchpool   XhPweVoEC9BLCWGJnCUonYoL7iC4eq5Hwy   1.200000

This should say 6 and according to block explorers it was 6.


@dotnetmin: hang in there! It's like seeing black 10 times in a row in roulette. It seems odd, but it just happens!

So far my nodes got

1 out of 4
2 out of 3
4 out of 9
6.5 out of 13

This already includes 4 payments I wasn't supposed to get regarding to the blocktemplates.

They all went online within like 5 minutes.

The 1/4 node wasn't voted for at all for several days.


----------------


food for thought: if network can get a list consensus, wouldn't "index of payee = (blockheight - 6 block hash) mod (mnlist.length)" be a safe and easy way to determine the next payee? The main problem here is to get a consensus on the list of nodes active at a specified time.
legendary
Activity: 1092
Merit: 1000

It is indeed. But at least you know its working!! And pretty soon you could see an "avalanche" of payouts yourself. In any case, voting structure is being reviewed  Wink
sr. member
Activity: 364
Merit: 250
Pre-sale - March 18
Quote
If you mined this block, your client added the pubkey for 14217.
It's also allowed to increment each existing vote by one if it agrees with it. So the code goes something like this:

So if I mine a block I can add any pubkey I want.  Correct?

No. Its a trustless solution. Its in the code.

Then why in the world is there voting code in stratum?


Voting result(verified again) should be written to blockchain, that miner do.

In RC4 'Masternode payment votes in blockchain' will be removed.
https://darkcointalk.org/threads/status-update-7-1-2014.1675/
Code:
In the works for RC4:
Removal of Masternode payment votes in blockchain
Addition of Masternode voting consensus system
Live ‘spork’ for enforcing consensus system
Anonymity enhancements
For a more detailed explanation of the changes to the Masternode consensus protocol,
please check out the “New Enforcement Strategy” section in this article: goo.gl/pDG9W3

So that can be removed in RC4, then all that's left is giving the masternodes their cut, please see the Freicoin source for a better way to do this.  Then you can go back to using standard stratum.

Edit: I'm wrong, the transaction to pay the masternode still needs to be included in the block hash.  So yes this will require stratum mods either way.

Thank you for your point of views!
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