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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5787. (Read 9723768 times)

sr. member
Activity: 249
Merit: 250
A lot of DRK was mined in the beginning, and a simple blockchain analysis confirms that they are all now widely distributed. Plus, I'm a whiny loser, pity me.
There, fixed that for you.  Smiley


legendary
Activity: 966
Merit: 1000
A lot of DRK was mined in the beginning, and a simple blockchain analysis confirms that they are all now widely distributed. Plus, I'm a whiny loser, pity me.
There, fixed that for you.  Smiley

edit: Mintpal trigger bots all standing by, any big sells are going to get chomped real quick. I like those rare occasions when there are signs of other intelligent life out there on the intertubes.
sr. member
Activity: 249
Merit: 250
There is information that the developer will soon sell their coins will become a millionaire, all others would lose a lot of money

Darkcoin

    derived from Quark

    type of algorithm: blake, bmw, groestl, keccak, jh, stein

    PoW and PoS

The following data and time stamps were collected from the Darkcoin blockchain 32).

    Block 1: 2014-01-19 Time: 3:54:41
    Block 1000 : 2014-01-19 Time: 4:33:39
    Block 2000: 2014-01-19 Time: 06:25:47
    Block 3000: 2014-01-19 Time: 09:10:16
    Block 3250: 2014-01-19 Time: 11:22:11

Looking at this data, we see that Darkcoin was mined with 500 DRK generated per block from the get go. From block 1 to at least block 3250, according to their blockchain, they were still producing 500 coins each block. The transition from 500 to 277 coins per block occurs between 3250 and 3500 but this author did not see the necessity of getting the exact moment of halving. Simple math shows that 3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014. As of today there are around 4,300,000 DRK in existence, making this a pretty hefty instamine. The Darkcoin website expects around 22,000,000 DRK to be created. That means in less than 8 hours, almost 5% of the Darkcoins that ever will be created spawned in that 1/3 of a day. It's safe to say Darkcoin has left it's investors in the dark on this one.

source:  http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins

GTFO

stop spreading FUD ffs this was talked over sooo many times already, spend some time researching stuff instead just blindly repeating rubbish
legendary
Activity: 1708
Merit: 1049
There is information that the developer will soon sell their coins will become a millionaire, all others would lose a lot of money

Just like Satoshi will crash Bitcoin.

full member
Activity: 182
Merit: 100
hero member
Activity: 653
Merit: 500
sr. member
Activity: 448
Merit: 250
Wladimir J. van der Laan just said on IRC they would *for sure* backport Darkcoin coinjoin in Bitcoin once it's out.

He even showed it's a long discussed and anticipated step, linking/showing: https://github.com/bitcoin/bitcoin/issues/3226

IMHO this is pretty big and bad news for DarkCoin.

If Bitcoin is planning to copy Darkcoin, that's great news in my book Grin When did that happen with an alt?

I doubt it'll happen though, unless it's done totally different. I can't see Bitcoin reward structure changing to 90/10 for Darksend nodes.


If bitcoin copied darkcoin, watch bitcoin go to $10,000 per btc.  I kid you not.
full member
Activity: 182
Merit: 100
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full member
Activity: 196
Merit: 100
Watch out, Ripple is on it's way back up. It looks like they just had a flash crash.
legendary
Activity: 1456
Merit: 1000
legendary
Activity: 1708
Merit: 1049
Wow, ripple collapsed after being passed by DRK.

1    Bitcoin   $ 6,525,244,434   $ 509.73   12,801,475 BTC   $ 24,891,599   +3.43 %   
2    Litecoin   $ 304,822,354   $ 10.67   28,578,954 LTC   $ 3,964,309   +0.26 %   
3    Peercoin   $ 47,362,823   $ 2.21   21,418,912 PPC   $ 157,261   +1.05 %   
4    Darkcoin   $ 42,641,944   $ 9.88   4,315,282 DRK   $ 3,419,709   +37.78 %   
5    Nxt   $ 39,484,891   $ 0.039485   999,997,096 NXT*   $ 89,566   +0.34 %   
6    Ripple   $ 37,677,144   $ 0.004971   7,579,478,083 XRP*   $ 679,665   -26.65 %   
7    Dogecoin   $ 35,171,538   $ 0.000446   78,842,696,278 DOGE   $ 610,941   -2.89 %

...I guess it felt Darkcoin's ripples  Grin

Quote
LTC whale try to keep DRK exploding to hold their position?  Grin
Futile, IMHO

LTC whales will be running for the door, competing on the downtrend. Wait and see Lite going <0.02.
legendary
Activity: 1512
Merit: 1015
Wow this is insane! Congratulations people.
hero member
Activity: 938
Merit: 1000
111 BTC sell wall @ 0.02.
LTC whale try to keep DRK exploding to hold their position?  Grin
Futile, IMHO.
legendary
Activity: 1456
Merit: 1000
Watch other trade press follow suit. Coindesk as already retweeted the Wired article.

Let that sink in for a moment. Grin



Coindesk on twitter...saying they are going to do something on Darkcoin. Based on past performances, probably a hatchet job.
legendary
Activity: 1708
Merit: 1049
My thoughts exactly, no way they gonna do it

All the way to the DRKbank Grin
sr. member
Activity: 448
Merit: 250
Wladimir J. van der Laan just said on IRC they would *for sure* backport Darkcoin coinjoin in Bitcoin once it's out.

He even showed it's a long discussed and anticipated step, linking/showing: https://github.com/bitcoin/bitcoin/issues/3226


IMHO this is pretty big and bad news for DarkCoin.
The bitcoin crowd have shown over and over again that they are happy to suck up to regulators. I can't see them suddenly doing a 180 and 'going dark.' And they are far too conservative to undertake the fundamental restructuring that any 'backport' of DarkSend and the masternode system would require.

Plus bitcoin still has massive network centralisation. There are several individuals who own more than 10% of the entire BTC nethash each. This cannot be trusted, and it is only getting worse.

Last bitcoin core update was... wait for it... refunds and payment requests?!?  Are they serious?  
sr. member
Activity: 249
Merit: 250
Wladimir J. van der Laan just said on IRC they would *for sure* backport Darkcoin coinjoin in Bitcoin once it's out.

He even showed it's a long discussed and anticipated step, linking/showing: https://github.com/bitcoin/bitcoin/issues/3226

IMHO this is pretty big and bad news for DarkCoin.

If Bitcoin is planning to copy Darkcoin, that's great news in my book Grin When did that happen with an alt?

I doubt it'll happen though, unless it's done totally different. I can't see Bitcoin reward structure changing to 90/10 for Darksend nodes.


Hard fork Bitcoin to do this? Yeah right.

My thoughts exactly, no way they gonna do it
legendary
Activity: 1456
Merit: 1000
Wladimir J. van der Laan just said on IRC they would *for sure* backport Darkcoin coinjoin in Bitcoin once it's out.

He even showed it's a long discussed and anticipated step, linking/showing: https://github.com/bitcoin/bitcoin/issues/3226

IMHO this is pretty big and bad news for DarkCoin.

If Bitcoin is planning to copy Darkcoin, that's great news in my book Grin When did that happen with an alt?

I doubt it'll happen though, unless it's done totally different. I can't see Bitcoin reward structure changing to 90/10 for Darksend nodes.


Hard fork Bitcoin to do this? Yeah right.
legendary
Activity: 1456
Merit: 1000
As its Pizza day, can we get a bounty together to send Evan and Ape some Pizza?

There are plenty here that could do that on their own.

It would be better to have lots of people send small amounts of DRK to someone in the USA who can put an order in and pay for it. Tante is based in the US, I think, and might be ok to put the orders through. Anyone else able to?

bump

I`m in...let me know later on what address we do donation Smiley

bump, new page  Wink
legendary
Activity: 1708
Merit: 1049
Wladimir J. van der Laan just said on IRC they would *for sure* backport Darkcoin coinjoin in Bitcoin once it's out.

He even showed it's a long discussed and anticipated step, linking/showing: https://github.com/bitcoin/bitcoin/issues/3226

IMHO this is pretty big and bad news for DarkCoin.

If Bitcoin is planning to copy Darkcoin, that's great news in my book Grin When did that happen with an alt?

I doubt it'll happen though, unless it's done totally different. I can't see Bitcoin reward structure changing to 90/10 for Darksend nodes.
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