Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4950. (Read 9723782 times)

Quote from: trogdorjw73 on July 01, 2014, 05:04:49 PM

Thinking about making this in-progress design available only via crypto-payment... BTC and/or DRK.

Thoughts?

Nice! I'd work on bolt hold open followers if I had the resources and time. I MacGyvered a few and they are all I use. Im surprised nobody is making them.

Keep up the good Darkwork!

What can I use it for and how do I kill it?

I know what it is !

AizenSou

hero member

Activity: 938

Merit: 1000

Quote from: shojayxt on July 01, 2014, 04:59:28 PM

Quote from: TanteStefana2 on July 01, 2014, 04:49:23 PM

Quote from: shojayxt on July 01, 2014, 04:39:00 PM

Yes it could be. But what happens when people don't realize the profit they thought they would get from running a masternode? They have close to $10,000 tied up that could be put to use elsewhere with potentially much higher returns. If the number of masternodes starts to decrease will that be an indicator of long term uncertainty?

But everyone running a masternode now knows this is a temporary thing. It does two things, allows MN holders a little bit of payments while the kinks are worked out, and it allows Evan a chance to see how the non-enforced rules are functioning and their consequences so he can fix any unwanted results.

So even so we're not getting "fair" payment, we're at least getting a chance to get a little bit of coin.

Also, don't forget, the reason the MNs are paid like they are is because if they were all paid a portion, like in a pool, it would create unholy blockchain bloat. It's just not feasible. So what we have here is one account paid each block, which is a reasonable amount of info to store. The rest of the mechanism for voting is done so nobody can cheat.

Here's the thing. Even if people were to get full payments, will running a masternode still be a good investment? I could take the same amount of btc that people have tied up in a masternode and likely make 10% in a week based on previous returns. How many DRK would I get in a week running a masternode? It would take around 100 DRK for me to see the same kind of returns. If I don't see an increase in profit then I'm not tying my capital up running a masternode. And I'm sure that there are masternode operators that feel the same way. If masternode profits don't meet expectations people will simply shut it down, sell DRK, and make profit somewhere else.

And I know that running a masternode is all about profit from reading the posts in this thread. Profit profit profit was the selling point and buzz word for the reason to host a masternode. Better hope that the profit meets expectations or those nodes will be going down right and left.

Honestly, I'm a bit surprised there are still 500 or so Masternodes online. 1 DRK per day is nothing -- NOTHING -- for having 1000 DRK tied up. And if you're paying for server fees and such, it's even worse. I don't know who would run a MN that costs probably $10-$20 per day in fees just to earn $10 per day in DRK. Some of them are likely IT professionals using company servers for their own gains; I can't think of any other way to make it truly worthwhile.

Sorry? What's your cost of 10$-20$ per day? You could rent a nice VPS for 10$ per MONTH. With 10-20$ for electricity you could even let a few of your rigs running. I don't expect you made a wrong calculation this time, Jarred. Normally you're good at math. Wink

TanteStefana2

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Quote from: thefrog on July 02, 2014, 07:34:01 AM

Quote from: dotnetmin on July 02, 2014, 05:23:39 AM

Another question guys. Can i use the wallet.dat from ubunto darkcoin-qt with the windows-qt ?

dumpprivkey
and
importprivkey

Yes you can, just drop it into your AppData/roaming/darkcoin directory. In case you use the wallet.dat in there, re-name it so it doesn't get overwritten! And do so with the wallet closed

Facenose

newbie

Activity: 26

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Quote from: blajde on July 02, 2014, 09:37:01 AM

Quote from: Facenose on July 02, 2014, 09:21:47 AM

Quote from: GhostPlayer on July 02, 2014, 07:04:48 AM

Thinking about making this in-progress design available only via crypto-payment... BTC and/or DRK.

Thoughts?

Nice! I'd work on bolt hold open followers if I had the resources and time. I MacGyvered a few and they are all I use. Im surprised nobody is making them.

Keep up the good Darkwork!

What can I use it for and how do I kill it?

https://www.youtube.com/watch?v=ldHZFN-UrVs

TanteStefana2

legendary

Activity: 1260

Merit: 1001

I don't know how to find these pools, but I do know how to check them

http://drk.botpool.com/index.php?page=statistics&action=blocks Did not pay, last block June 28
http://www.coinmine.pw/poolinfo.php?coinid=53 Did not pay, last block June 27
https://dark.hashfaster.com/index.php?page=statistics&action=blocks Did not pay, last block July 1st

The rest have no volume at all and forkpool.com literally looks like it forked and died, LOL, no activity.

Terzo

full member

Activity: 238

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Bitcoin is going up thats why DRK is getting dumped !

BTMan

full member

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BTMan

Quote from: georgem on July 02, 2014, 08:50:10 AM

Thanks to whoever donated 0.15 DRK. This one is for you:

so hot girl.

thelonecrouton

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Quote from: SoapMaker on July 02, 2014, 09:31:59 AM

Quote from: thelonecrouton on July 02, 2014, 07:48:36 AM

Quote from: SoapMaker on July 02, 2014, 07:41:41 AM

Quote from: JGCMiner on June 30, 2014, 10:46:34 AM

Quote from: luke997 on June 30, 2014, 10:03:44 AM

Jeez, another dump, looks like we'll be testing 0.01 before going back up...
I didn't see that one coming Huh

The regular intervals are unnatural as well. Seems like someone trying to crash the price. Luckily they will eventually run out of coins.

Darkcoin threatens many very wealthy & powerful parties who are used to quietly & efficiently eliminating threats against them. I'm sure there is more going beneath the surface that we can't see. I believe in the dev team & what they are doing so I'm holding. The price can't fall forever.

I think on the contrary it will be an excellent tool for the rich - generally the more you have, the more you value your privacy. If anyone is crashing the price it's so they can buy more.

I guess I should define "rich". I'm talking about parties that deal in Billions & have the power to write laws in their favor. Parties who tell governments what to do. Agencies that have literally unlimited money. Remember the 2 trillion that Mr. Cheyney announced was missing on sept 10th ? There is so much corruption in our global system & many want to keep it that way.

And I stick by my belief that these are exactly the sort of people who have most use for something like Darksend. These people aren't idiots, useful tools will be adopted. Think NSA and linux... they are actually active contributors, it's in their interests to be so.

splawik21

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Activity: 1372

Merit: 1005

DASH is the future of crypto payments!

Quote from: roede94105 on July 02, 2014, 09:12:01 AM

Hi, will it be possible to open source the voting system of MN once the new one is set up?

I think it would give confidence

yeah right confidence...and a mass MNs shitcoins clones grrr

eltito

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Activity: 322

Merit: 105

Quote from: Terzo on July 02, 2014, 09:26:53 AM

Quote from: eltito on July 02, 2014, 09:24:23 AM

Quote from: Terzo on July 02, 2014, 09:26:53 AM

Status Update 7/1/2014:

https://darkcointalk.org/threads/status-update-7-1-2014.1675/

Guys, there was a long update posted a few pages back.

@eltito
Anyway we can get links to these updates in the first post? I appreciate the time you spent typing that out, but if it gets lost in the thread then people will still say communication is a "problem".

We discussed this yesterday on the darkcointalk board, I need to get with Evan and come up with an efficient way of updating the OP here.

I like Evan more . Where is Evan ?

I am fuzzy and lovable, you can't resist my allure forever.

blajde

sr. member

Activity: 364

Merit: 250

Pre-sale - March 18

Quote from: eltito on July 02, 2014, 09:24:23 AM

Quote from: Facenose on July 02, 2014, 09:21:47 AM

Status Update 7/1/2014:

https://darkcointalk.org/threads/status-update-7-1-2014.1675/

Guys, there was a long update posted a few pages back.

@eltito
Anyway we can get links to these updates in the first post? I appreciate the time you spent typing that out, but if it gets lost in the thread then people will still say communication is a "problem".

We discussed this yesterday on the darkcointalk board, I need to get with Evan and come up with an efficient way of updating the OP here.

I like Evan more . Where is Evan ?

he's behind elito.. so you better manner up if you want a ray of sunlight anytime soon

blajde

sr. member

Activity: 364

Merit: 250

Pre-sale - March 18

Quote from: thelonecrouton on July 02, 2014, 07:48:36 AM

Thinking about making this in-progress design available only via crypto-payment... BTC and/or DRK.

Thoughts?

Nice! I'd work on bolt hold open followers if I had the resources and time. I MacGyvered a few and they are all I use. Im surprised nobody is making them.

Keep up the good Darkwork!

What can I use it for and how do I kill it?

SoapMaker

full member

Activity: 162

Merit: 100

Quote from: SoapMaker on July 02, 2014, 07:41:41 AM

Quote from: JGCMiner on June 30, 2014, 10:46:34 AM

Quote from: luke997 on June 30, 2014, 10:03:44 AM

Jeez, another dump, looks like we'll be testing 0.01 before going back up...
I didn't see that one coming Huh

The regular intervals are unnatural as well. Seems like someone trying to crash the price. Luckily they will eventually run out of coins.

Darkcoin threatens many very wealthy & powerful parties who are used to quietly & efficiently eliminating threats against them. I'm sure there is more going beneath the surface that we can't see. I believe in the dev team & what they are doing so I'm holding. The price can't fall forever.

I think on the contrary it will be an excellent tool for the rich - generally the more you have, the more you value your privacy. If anyone is crashing the price it's so they can buy more.

I guess I should define "rich". I'm talking about parties that deal in Billions & have the power to write laws in their favor. Parties who tell governments what to do. Agencies that have literally unlimited money. Remember the 2 trillion that Mr. Cheyney announced was missing on sept 10th ? There is so much corruption in our global system & many want to keep it that way.

Terzo

full member

Activity: 238

Merit: 100

Quote from: eltito on July 02, 2014, 09:24:23 AM

Quote from: toknormal on July 02, 2014, 09:04:30 AM

Status Update 7/1/2014:

https://darkcointalk.org/threads/status-update-7-1-2014.1675/

Guys, there was a long update posted a few pages back.

@eltito
Anyway we can get links to these updates in the first post? I appreciate the time you spent typing that out, but if it gets lost in the thread then people will still say communication is a "problem".

We discussed this yesterday on the darkcointalk board, I need to get with Evan and come up with an efficient way of updating the OP here.

I like Evan more . Where is Evan ?

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: thelonecrouton on July 02, 2014, 08:49:41 AM

They're elbzo's masternodes - there will be a script checking each one and displaying the results on the web page, same as chaeplin does.

But I'm also not listed in Chaeplin's page under sv03 column http://drk.poolhash.org/masternode.html

Is that his problem or mine ?

What do those sv03 columns mean anyway ? Is that each one of his daemon's looking for and detecting other masternodes ? Do we need green lights in each column ?

Again sv01 - sv06 are chaeplins masternodes. He experiments with them and the scripts that grab info from them, so don't expect 100% consistency, as long as your node reports :1 'with masternode list | grep ' you're fine.

eltito

full member

Activity: 322

Merit: 105

Quote from: roede94105 on July 02, 2014, 09:12:01 AM

Status Update 7/1/2014:

https://darkcointalk.org/threads/status-update-7-1-2014.1675/

Guys, there was a long update posted a few pages back.

@eltito
Anyway we can get links to these updates in the first post? I appreciate the time you spent typing that out, but if it gets lost in the thread then people will still say communication is a "problem".

We discussed this yesterday on the darkcointalk board, I need to get with Evan and come up with an efficient way of updating the OP here.

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Hi, will it be possible to open source the voting system of MN once the new one is set up?

I think it would give confidence

Everything will be open source when its open-sourced.

Facenose

newbie

Activity: 26

Merit: 0