Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5534. (Read 9723748 times)

As most of your are aware, there was a critical problem with the masternode payments system yesterday that caused the network to fork into many smaller networks and caused a great destabilization. This was either due to an intentional attack on the network or an issue with the masternode payments system, in either case we have a solution for masternode payments that will be safe for the network in the future.

Once we learned the exchanges were on different forks, it was too late to do a proper fork in the future so we opted to fork immediately. The network updated rather quickly and stability was restored within a few hours.

Prognosis of the network

At this time the network is healthy and has been on the same chain since the event. We’ve reached out to every pool and exchange and no funds were lost during the event.

No More Forks

Beyond this point we will not need to hard fork the network to implement the rest of DarkSend features. This is an example of why hard forks are dangerous and we want to avoid them in the future.

Masternode Payments

We’ve wanted to increase masternode payments to 20% for a few weeks now, but have not been able to since the code was already going through the testing and launch stages. This will give us an opportunity to add greater incentive to secure the network and run masternodes.

Before moving onto RC3, the next version of Darkcoin will now include the masternode payment system (with 20% payouts). The method we’re going to use for masternode payments is not critical and can’t cause a hard fork so it should be rather quick to implement, scheduled for June 14th.

Release Candidate 3

DarkSend RC3 will include a greatly improved anonymity model and support for multiple “tickets” per masternode.

After completing masternode payments, over the next few weeks I’m going to be working with the core darkcoin team to establish a full fledged development team to help with Darkcoin and DarkSend. This should allow us to move at a similar pace of development with much greater quality. The next version of DarkSend is scheduled to be released at the end of June.

Know any great developers that want to help with Darkcoin? Please have them reach out to us.

Proof of FPGA is not required, we know that FPGA can do it if someone programs them to. However their acceleration factor is not that big and it's highly unlikely to find thousands of them.

ASIC = I don't know. But even at a 500x acceleration factor compared to a GPU (say a 3 MHs GPU / 1.5 GHs ASIC) it'd take HUNDREDS of them to pull stuff like 800-900 gigahash. FPGAs even more so because their acceleration is much closer to GPUs. I saw the link the guy gave as "x11 fpga program" which was bullshit, but hashpower is hashpower and it was tremendous.


If I were the NSA I'd make sure to have hardware ASICs for every single algorithm out there. If I want to break a wallet, or control a crypto network, I won't do it with GPUs. The budget for acquiring such equipment is pretty low for their standards. They could control 51% of bitcoin right now if they spent something like 100-200mn in ASIC for SHA256 and destroy bitcoin. Even 1 bn budget for ASIC hardware is peanuts compared to protecting the hegemony of the dollar.

I believe they have the theoretical possibility of overriding every single POW network out there with 51% but a POS coin would remain resilient from a POW attack as it works through POS staking. So they would have a mess at their hand with an anonymous coin that remains resilient. So their hardware would be useless for 51% override. But it wouldn't be useless in the coin generation phase (POW). That's where I suspect they put their hardware on and started mining with that insane hashrate to get a 51% stake and control the future of the coin. If they didn't manage that, they'll manage it through buying a few more to get there.

The absence of that hashrate from every other x11 coin is a huge indicator. The fact that, suddenly, 900gh of x11 hashpower appeared out of nowhere just to mine XC, doesn't "just" happen.

Man the #1 wallet just won't quit (he was #2 there for a while at 314159.xxx DRK) now he added enough to make it 333 333 DRK and reclaim the top spot.

http://chainz.cryptoid.info/drk/#!rich

Until proof of even FPGAs are posted, ASIC = Pulled out of Obama's ass vaporware and not A real NSA product.

The main propagandist behind that campaign is cryptohunter who has been pushing this in order to discourage Darkcoin miners since it claims ASIC resistance. If ASICs existed you mean to say they were tested on the crapcoin first and never on DRK ?

The most important piece of news is that we will not need any more forks to complete Darksend, masternode payments. THIS IS HUGE.

Cryptsy beast-moding back to .02

Cryptsy beast-moding back to .02