[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5637.

LimLims

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Merit: 272

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Quote from: yellowcox on May 26, 2014, 01:51:13 AM

Quote from: yellowcox on May 25, 2014, 06:19:31 PM

My masternode receive just this error, no payment:

2014-05-25 23:09:32 !coins.IsAvailable COutPoint(cfa73aeff245e44e86b9d18a703c471cfa8a7621e8a86eb48e97928edb077837, 1)
2014-05-25 23:09:32 ERROR: CTxMemPool::acceptableInputs() : inputs already spent

up to date 10.8.8, sync OK, masternode visible from http://darkcoin.io/masternodes.txt and http://drk.poolhash.org/darksend.html and by a separate client

I don't know what to do Cry

Hi,

Nobody has the same issue Huh

Yeah I'm getting those too. Wait for dev.

Ozziecoin

sr. member

Activity: 448

Merit: 250

Can someone clarify this please? Quote from above: 1x Masternode = 576 blocks * 10% of the reward = 1036DRK/day

I thought 24 hours x 60 minutes / 2.5 minute blocks = 576 blocks per day

Block reward = 5 darkcoins per block. Therefore, 576 x 5 = 2,880 darkcoins per day

10% = 288 darkcoins per day

288 / 371 MNs = 0.776 darkcoins per masternode per day

minersday

hero member

Activity: 1484

Merit: 535

Working/Updated latest P2Pool
just point you miners to: -o stratum+tcp://cryptowins.com:7903 -u WALLETADDR -p X

http://cryptowins.com:7903/

LimLims

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Merit: 272

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Have there been any posts about the specifics of how voting for MN payments works?

yellowcox

newbie

Activity: 8

Merit: 0

Quote from: yellowcox on May 25, 2014, 06:19:31 PM

My masternode receive just this error, no payment:

2014-05-25 23:09:32 !coins.IsAvailable COutPoint(cfa73aeff245e44e86b9d18a703c471cfa8a7621e8a86eb48e97928edb077837, 1)
2014-05-25 23:09:32 ERROR: CTxMemPool::acceptableInputs() : inputs already spent

up to date 10.8.8, sync OK, masternode visible from http://darkcoin.io/masternodes.txt and http://drk.poolhash.org/darksend.html and by a separate client

I don't know what to do Cry

Hi,

Nobody has the same issue Huh

kekaocc

newbie

Activity: 25

Merit: 0

There is a good news.
Chinese CCTV2 reported on the Darkcoin.
http://tv.cntv.cn/live/cctv2 Show time is 12:11.

eltito

full member

Activity: 322

Merit: 105

Quote from: philipmicklon on May 26, 2014, 01:27:45 AM

Quote from: eltito on May 26, 2014, 01:21:03 AM

4% monthly is still effing insane ROI, whatever your total MN value is. Even at .2 it's still decent compared to traditional alternatives.

Regardless, my response was to the insinuation that MN payouts are somehow trivial. They're not, especially in your case.

I agree. Earlier in this thread Evan calculated something like 280% annual returns because there were so few masternodes on the network. Obviously this should quickly reduce to whatever the free market decides.

The whole point of the masternode fee was to create a positive feedback loop. The expectation of a ~1drk/node return created incredible demand for the coin so far, and that expectation just needs to be met for the demand to increase.

Evan said it this way:

Quote

FeedbackLoop:
- User asks "Should I create a masternode?"
- it costs $XXX, they would earn $X.XX/day. That's X days till they earn 100% of their investment.
- User buys 1000 DRK, creates masternode
- Price goes higher, 1000DRK gets pulled out of the supply
- Go to FeedbackLoop

This is a feedback loop that this strategy is creating. We should add masternodes until the price finds equilibrium with the masternode capacity.

1x Masternode = 576 blocks * 10% of the reward = 1036DRK/day
8x Masternodes = (576/8) blocks * 10% of the reward = 129DRK/day
16x Masternodes = (576/32) blocks * 10% of the reward = 32DRK/day
128x Masternodes = (576/128) blocks * 10% of the reward = 8.1DRK/day

Yep. Thing to remember, like LimLims said, is that we're not to full release yet. Even though we're officially at RC2, there are really two separate (but related) major systems being implemented here: DarkSend and masternode payments. Evan would have been justified in breaking those two systems into separate development cycles, in my opinion. Masternode payments in particular are based totally new code. I work in healthcare IT, believe me I've had ground-up implementations from MAJOR corporations go nowhere nearly as well as DarkSend and masternode payments are going so far. I'm sure everything will be sorted by V1 release. Frankly we're spoiled by our dev. Software development is not normally on such a fast track as we have enjoyed to this point. It's a process.

LimLims

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Activity: 1204

Merit: 272

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Quote from: fernando on May 26, 2014, 01:40:16 AM

Quote from: LimLims on May 26, 2014, 01:28:45 AM

Quote from: philipmicklon on May 26, 2014, 01:14:56 AM

I'm just expressing my concern. I'm not dumping any coins because I believe in DRK long term, but I'm worried that weaker hands will dump tons of coins if expectations aren't met.

Just to give you some perspective on your recent posts: they sound panicked and if anything are contributing to the likelihood of weaker hands dumping coins. Reposting your concerns in various ways doesn't get the problem solved faster, neither does throwing down demands. Just think about what you're actually contributing with your posts.

New software often breaks at launch; welcome to the world of software engineering.

We'll have to wait around until Evan / InternetApe are awake, as they are best qualified to answer the question of what's going on with masternode payments. It appears to be related to votes not working as expected, so could be related to pool software? In any case, if you aren't able to contribute to the solution, just be patient.

I'm not even sure if there is a problem:

-The expectation in the graph is an average, with such a small sample and time frame, deviations can be high.
-It's only been less than 15 hours since fork and we had some problems in the beginning, so some time was probably lost.
-Payments may need 120 confirmations. A masternode may have earned payments that don't show up in balance yet (check blockexplorer or listtransactions in wallet)

Pretty sure there's a problem -- masternode vote counts are too low, e.g.: http://explorer.darkcoin.io/block/0000000000130a708df3a91a172bd4bc58d826a1619a0f88466626848baf2779

Assuming of course that those counts are correct & I'm interpreting them right.

Ozziecoin

sr. member

Activity: 448

Merit: 250

Quote from: philipmicklon on May 26, 2014, 01:14:56 AM

Quote from: LimLims on May 26, 2014, 01:09:51 AM

I'm going to be honest: your attitude sucks, and it seems like you don't really understand what it takes to write software, launch it & resolve issues. The entire industry of cryptocurrencies should be considered in "alpha" since the tech is so new, and masternodes are the day 1 launch feature of a cryptocurrency. As far as our investment goes, it should be considered highly speculative. You need to recalibrate your expectations. I have a lot invested in DRK too, and I expect the devs will sort this out, but I'm not handing out arbitrary deadlines. How about trying to debug & help fix the issue instead?

I'm just expressing my concern. I'm not dumping any coins because I believe in DRK long term, but I'm worried that weaker hands will dump tons of coins if expectations aren't met. 8 of 10 masternodes received 0 payments today. I just thought this had been tested on the testnet. I really want to get this fixed before more expectations are violated.

I'm happy to help debug it, but last status update I heard was "its working" and I'm just trying to say "wait, its not really working yet".

Stop bugging the devs. They'll work faster without pressure.

hashmoon

full member

Activity: 177

Merit: 100

Quote from: Terzo on May 26, 2014, 01:39:17 AM

This treath is full of spam and useless ! Whats the news !?!

the news is : ltc price is about to go under 0.02.. exodus to drk continues

fernando

hero member

Activity: 560

Merit: 500

Quote from: Ozziecoin on May 26, 2014, 01:36:43 AM

Where does darkcoins get paid to for MNs?

MN's wallet.

fernando

hero member

Activity: 560

Merit: 500

Quote from: LimLims on May 26, 2014, 01:28:45 AM

Quote from: philipmicklon on May 26, 2014, 01:14:56 AM

I'm just expressing my concern. I'm not dumping any coins because I believe in DRK long term, but I'm worried that weaker hands will dump tons of coins if expectations aren't met.

Just to give you some perspective on your recent posts: they sound panicked and if anything are contributing to the likelihood of weaker hands dumping coins. Reposting your concerns in various ways doesn't get the problem solved faster, neither does throwing down demands. Just think about what you're actually contributing with your posts.

New software often breaks at launch; welcome to the world of software engineering.

We'll have to wait around until Evan / InternetApe are awake, as they are best qualified to answer the question of what's going on with masternode payments. It appears to be related to votes not working as expected, so could be related to pool software? In any case, if you aren't able to contribute to the solution, just be patient.

I'm not even sure if there is a problem:

-The expectation in the graph is an average, with such a small sample and time frame, deviations can be high.
-It's only been less than 15 hours since fork and we had some problems in the beginning, so some time was probably lost.
-Payments may need 120 confirmations. A masternode may have earned payments that don't show up in balance yet (check blockexplorer or listtransactions in wallet)

Terzo

full member

Activity: 238

Merit: 100

This treath is full of spam and useless ! Whats the news !?!

Ozziecoin

sr. member

Activity: 448

Merit: 250

Where does darkcoins get paid to for MNs?

svennand

sr. member

Activity: 462

Merit: 250

Quote from: atriou on May 26, 2014, 01:33:58 AM

The official pool is down ? Where Can i mine ?

some help at drk.cryptorus.com would be appriciated

Ozziecoin

sr. member

Activity: 448

Merit: 250

Quote from: Ozziecoin on May 26, 2014, 01:00:11 AM

Quote from: chaeplin on May 26, 2014, 12:57:55 AM

Quote from: Ozziecoin on May 26, 2014, 12:44:49 AM

Quote from: chaeplin on May 26, 2014, 12:43:15 AM

Quote from: Ozziecoin on May 26, 2014, 12:35:43 AM

I'm getting error below, can anyone help?

./darkcoind masternode start "i entered my pass here"

error: {"code":-1,"message":"masternode list|count|current|votes> passphrase\n"}

Use RC version, not statble.

I downloaded from here: wget http://www.darkcoin.io/downloads/rc/darkcoind

Hmm..

then check your path.
do which darkcoind

I think you run statble version.

do darkcoind --help

check version.

Yes you are right.

For those interested. You also need to do this: https://darkcointalk.org/threads/new-version-9-4-0-and-10-8-0.690/

atriou

newbie

Activity: 9

Merit: 0

The official pool is down ? Where Can i mine ?

illodin

hero member

Activity: 966

Merit: 1003

Quote from: anonymousxx1503 on May 25, 2014, 09:02:35 PM

Quote from: coastermonger on May 25, 2014, 08:57:42 PM

Quote from: desil on May 25, 2014, 07:51:12 PM

Is it true that multiples of 1000 DRK increase the chance of masternode election for one node?

No, not true. If you had multiples of 1000 DRK, it's far better to run multiple nodes.

In RC3 Multiple entry Masternodes are coming (Evan said it in IRC) so you'll be able to put 4000 DRK (aka close to 60 000$) on a 4x payout Masternode if you feel like it and get an increased chance of payout instead of having to set up multiple nodes which could clutter up the network.

Not sure if good thing but I trust the Holy Evander Duffield. Tongue

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

Quote from: philipmicklon on May 26, 2014, 01:14:56 AM

I'm just expressing my concern. I'm not dumping any coins because I believe in DRK long term, but I'm worried that weaker hands will dump tons of coins if expectations aren't met.

Just to give you some perspective on your recent posts: they sound panicked and if anything are contributing to the likelihood of weaker hands dumping coins. Reposting your concerns in various ways doesn't get the problem solved faster, neither does throwing down demands. Just think about what you're actually contributing with your posts.

New software often breaks at launch; welcome to the world of software engineering.

We'll have to wait around until Evan / InternetApe are awake, as they are best qualified to answer the question of what's going on with masternode payments. It appears to be related to votes not working as expected, so could be related to pool software? In any case, if you aren't able to contribute to the solution, just be patient.

philipmicklon

full member

Activity: 176

Merit: 100

Quote from: eltito on May 26, 2014, 01:21:03 AM

4% monthly is still effing insane ROI, whatever your total MN value is. Even at .2 it's still decent compared to traditional alternatives.

Regardless, my response was to the insinuation that MN payouts are somehow trivial. They're not, especially in your case.

I agree. Earlier in this thread Evan calculated something like 280% annual returns because there were so few masternodes on the network. Obviously this should quickly reduce to whatever the free market decides.

The whole point of the masternode fee was to create a positive feedback loop. The expectation of a ~1drk/node return created incredible demand for the coin so far, and that expectation just needs to be met for the demand to increase.

Evan said it this way:

Quote

FeedbackLoop:
- User asks "Should I create a masternode?"
- it costs $XXX, they would earn $X.XX/day. That's X days till they earn 100% of their investment.
- User buys 1000 DRK, creates masternode
- Price goes higher, 1000DRK gets pulled out of the supply
- Go to FeedbackLoop

This is a feedback loop that this strategy is creating. We should add masternodes until the price finds equilibrium with the masternode capacity.

1x Masternode = 576 blocks * 10% of the reward = 1036DRK/day
8x Masternodes = (576/8) blocks * 10% of the reward = 129DRK/day
16x Masternodes = (576/32) blocks * 10% of the reward = 32DRK/day
128x Masternodes = (576/128) blocks * 10% of the reward = 8.1DRK/day

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5637. (Read 9724017 times)