[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5825.

coinzcoinzcoinz

hero member

Activity: 530

Merit: 500

Quote from: AlexGR on May 20, 2014, 07:17:38 AM

Quote from: JGCMiner on May 20, 2014, 06:56:50 AM

I don't think MRO will catch us in market cap anytime soon, but I've been thinking... if not having ring signatures is the only way people can attack DRK other than the absurd "Instamine Scam!11!" crap trolling -- then maybe Evan should pull in ring signatures and put them in V1. Of course, I have no idea how hard the coding would be, but the longer we let mindshare form that DRK's anonymity is second rate to MRO's the harder it will be to win people back once V2 is releases.

Tell me I am crazy here... Undecided

1: Coding requires time. Cloning does not (Monero being a Bytecoin clone). So V1 is out of the question.

2: Monero has a lot of issues in the usability and compatibility departments, and from what I read in their thread, serious bloat issues (?). If that's the problem now, then how the hell is this gonna scale in 3-5-10 years?

3. By V2 of DRK, Monero will be a subset of DRK's capabilities and DRK will have more anonymous features + bitcoin-level of usability and compatibility. So long-term hold prospect for Monero doesn't look good in that sense. It could be a short-term hedge for DRK though.

4. Evan will not stop with DRK's evolution after the anonymity job is finished. He has plans for killer mainstream features. At least I remember he said that when DarkSend is finished he'll implement something he believes will be a smash. I've no idea what it is.

I thought that DRK is the most promising anonymous coin too, but it's nice to get this confirmation

simtal

member

Activity: 83

Merit: 10

Quote from: droptable on May 20, 2014, 07:33:12 AM

Quote from: mannie on May 20, 2014, 07:29:57 AM

Dogecoin worried about that #6 spot: http://www.reddit.com/r/dogecoin/comments/25zacl/fight_against_darkcoin_what_we_should_do/

and they should.
it only takes a price of 0.018X for DRK to take over that spot.

They should be more worried about Monero, even if its only temporary.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: Scriptiee on May 20, 2014, 07:27:07 AM

Quote from: ?? on ??

roughly how much does a single masternode earn per day given todays total available coins and price etc Huh

Depends on the count of masternodes out there

128x Masternodes = (576/128) blocks * 10% of the reward = 8.1DRK/day

Equation is ((daily block count * block reward) / 10) / no.of masternodes

So, with a block reward of 5 (worst case scenario), each masternode earns ((576*5)/10)/128 = 2.25 DRK a day with 128 masternodes. 500 masternodes brings it down to 0.576 DRK/day. (Someone estimated there were 600ish addresses with >1000 DRK)

Artoodeetoo

hero member

Activity: 518

Merit: 500

Just read the guides, other than getting 1000 drk, is it that tricky to setup a master node? Has anyone done a step by step guide?

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: turtlerabbit on May 20, 2014, 07:31:39 AM

btc goes up .. drk goes down... is this because people sell dark and buy btc?

Drk just started going back up

droptable

sr. member

Activity: 363

Merit: 250

Quote from: mannie on May 20, 2014, 07:29:57 AM

Dogecoin worried about that #6 spot: http://www.reddit.com/r/dogecoin/comments/25zacl/fight_against_darkcoin_what_we_should_do/

and they should.
it only takes a price of 0.018X for DRK to take over that spot.

turtlerabbit

newbie

Activity: 25

Merit: 0

btc goes up .. drk goes down... is this because people sell dark and buy btc?

chaeplin

sr. member

Activity: 294

Merit: 250

Quote from: Sleepyx on May 20, 2014, 07:20:43 AM

Quote from: chaeplin on May 20, 2014, 07:07:09 AM

Still Masternode count is inaccurate, I have add a graph.

Masternode income / a day.

Last 24 hour supply * 0.1 / number of NMs.

(if 50, 100, 150, 200 NM exist)

http://drk.poolhash.org/masternode.html

Any chance to update your masternode guide to include private key update and others?

https://darkcointalk.org/threads/how-to-set-up-ec2-t1-micro-ubuntu-for-masternode-part-2-3.241/

When my remote masternode setup test is done.

mannie

full member

Activity: 168

Merit: 100

Dogecoin worried about that #6 spot: http://www.reddit.com/r/dogecoin/comments/25zacl/fight_against_darkcoin_what_we_should_do/

Scriptiee

sr. member

Activity: 249

Merit: 250

Quote from: ?? on ??

roughly how much does a single masternode earn per day given todays total available coins and price etc Huh

Depends on the count of masternodes out there

128x Masternodes = (576/128) blocks * 10% of the reward = 8.1DRK/day

droptable

sr. member

Activity: 363

Merit: 250

Quote from: coins101 on May 20, 2014, 05:24:56 AM

[...]

thx for the management summerize!

lohveh

full member

Activity: 126

Merit: 100

Quote from: Gambiman on May 20, 2014, 07:20:09 AM

Quote from: Amph on May 20, 2014, 07:10:12 AM

Quote from: Gambiman on May 20, 2014, 06:18:45 AM

As long as BTC price goes up, DRK price will go down.

the price releated to btc maybe, but not the intrinsic value

Yes, but since we can only buy with BTC it will always have a significant impact no?

And if people buy btc to invest in drk ?

Sleepyx

member

Activity: 112

Merit: 10

Quote from: chaeplin on May 20, 2014, 07:07:09 AM

Still Masternode count is inaccurate, I have add a graph.

Masternode income / a day.

Last 24 hour supply * 0.1 / number of NMs.

(if 50, 100, 150, 200 NM exist)

http://drk.poolhash.org/masternode.html

Any chance to update your masternode guide to include private key update and others?

https://darkcointalk.org/threads/how-to-set-up-ec2-t1-micro-ubuntu-for-masternode-part-2-3.241/

Gambiman

sr. member

Activity: 389

Merit: 250

Quote from: Amph on May 20, 2014, 07:10:12 AM

Quote from: Gambiman on May 20, 2014, 06:18:45 AM

As long as BTC price goes up, DRK price will go down.

the price releated to btc maybe, but not the intrinsic value

Yes, but since we can only buy with BTC it will always have a significant impact no?

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: JGCMiner on May 20, 2014, 06:56:50 AM

I don't think MRO will catch us in market cap anytime soon, but I've been thinking... if not having ring signatures is the only way people can attack DRK other than the absurd "Instamine Scam!11!" crap trolling -- then maybe Evan should pull in ring signatures and put them in V1. Of course, I have no idea how hard the coding would be, but the longer we let mindshare form that DRK's anonymity is second rate to MRO's the harder it will be to win people back once V2 is releases.

Tell me I am crazy here... Undecided

1: Coding requires time. Cloning does not (Monero being a Bytecoin clone). So V1 is out of the question.

2: Monero has a lot of issues in the usability and compatibility departments, and from what I read in their thread, serious bloat issues (?). If that's the problem now, then how the hell is this gonna scale in 3-5-10 years?

3. By V2 of DRK, Monero will be a subset of DRK's capabilities and DRK will have more anonymous features + bitcoin-level of usability and compatibility. So long-term hold prospect for Monero doesn't look good in that sense. It could be a short-term hedge for DRK though.

4. Evan will not stop with DRK's evolution after the anonymity job is finished. He has plans for killer mainstream features. At least I remember he said that when DarkSend is finished he'll implement something he believes will be a smash. I've no idea what it is.

mannie

full member

Activity: 168

Merit: 100

Quote from: JGCMiner on May 20, 2014, 06:56:50 AM

I don't think MRO will catch us in market cap anytime soon, but I've been thinking... if not having ring signatures is the only way people can attack DRK other than the absurd "Instamine Scam!11!" crap trolling -- then maybe Evan should pull in ring signatures and put them in V1. Of course, I have no idea how hard the coding would be, but the longer we let mindshare form that DRK's anonymity is second rate to MRO's the harder it will be to win people back once V2 is released.

Tell me I am crazy here... Undecided

I've been looking in to MRO - anonymous dev with only 8 activity on bitcointalk, fork of another coin's tech, no innovation on its own and no plans for any, only on exchanges for a couple of days.

Let's compare that to DRK - dev with a real name working since Jan, innovative one-of-a-kind DarkSend and masternode system, development schedule for all to see including plan to add ring signatures, dev committed to working on this full time, steady stable growth, #7 on coinmarketcap, chance to earn passive income with masternodes.

No contest in my opinion. Let's stop talking about MRO. It's a short term distraction.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Gambiman on May 20, 2014, 06:18:45 AM

As long as BTC price goes up, DRK price will go down.

the price releated to btc maybe, but not the intrinsic value

chaeplin

sr. member

Activity: 294

Merit: 250

Still Masternode count is inaccurate, I have add a graph.

Masternode income / a day.

Last 24 hour supply * 0.1 / number of NMs.

(if 50, 100, 150, 200 NM exist)

http://drk.poolhash.org/masternode.html

JGCMiner

hero member

Activity: 611

Merit: 500

I don't think MRO will catch us in market cap anytime soon, but I've been thinking... if not having ring signatures is the only way people can attack DRK other than the absurd "Instamine Scam!11!" crap trolling -- then maybe Evan should pull in ring signatures and put them in V1. Of course, I have no idea how hard the coding would be, but the longer we let mindshare form that DRK's anonymity is second rate to MRO's the harder it will be to win people back once V2 is released.

Tell me I am crazy here... Undecided

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: ?? on ??

Quote from: coinzcoinzcoinz on May 20, 2014, 06:05:25 AM

Great price now, time for massive buy order

The recent pump/dumps run in predictable and long 10 hour+ cycles, americans waking up very soon. trend is in a strong downward slope so there may be panic selling when they wakeup, cheap 900-1000k coins possible again.

Or wake up and find a few bargins. This could be the run up to a DRK double from today or tomorrow - No.3 spot around the corner, Litecoin the corner after that.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5825. (Read 9723787 times)