Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5834. (Read 9723787 times)

Will the masternodes stay after the ring signature upgrade ?

+101

This work was supported by: Amazon.com through an AWS in Education research grant; the
Broadcom Foundation and Tel Aviv University Authentication Initiative; the Center for Science of
Information (CSoI), an NSF Science and Technology Center, under grant agreement CCF-0939370;
the Check Point Institute for Information Security; the U.S. Defense Advanced Research Projects
Agency (DARPA) and the Air Force Research Laboratory (AFRL) under contract FA8750-11-2-0211;
the European Community's Seventh Framework Programme (FP7/2007-2013) under grant agreement
number 240258; the Israeli Centers of Research Excellence I-CORE program (center 4/11); the Israeli
Ministry of Science and Technology; the Oce of Naval Research under contract N00014-11-1-0470;
the Simons Foundation, with a Simons Award for Graduate Students in Theoretical Computer
Science; and the Skolkovo Foundation with agreement dated 10/26/2011.
The views expressed are those of the authors and do not re
ect the ocial policy or position of the
Department of Defense or the U.S. Government.

https://www.google.co.uk/search?client=ubuntu&channel=fs&q=israeli+tech+companies+spying+states&ie=utf-8&oe=utf-8&gl=uk&gws_rd=cr&ei=h1Z6U5ukIYOvPNzagKgJ

If anyone isn't aware of why I have highlighted the above, please click on the search above, and simply spend 10 seconds reading every title of every hit on the first page.

EDIT> Sorry, this is from http://zerocash-project.org/about_us

I have some noob questions ,
What is masternode ? and what will I get if I activate that ?
what is that 1000 DRKs ?

Can someone summarize how the remote/local masternode setup is affected by the last changes? Where do private keys need to be generated and where do they need to be included in the config file?

Also, can the local wallet be put in cold storage after starting the masternode?

Thanks!

LOCAL/REMOTE MASTERNODE SETUP WITH COLD WALLET UNDER THE LAST UPDATE

I would like to report that I was able to update and run my masternodes, using the local/remote wallet setup. The process was the same, but you need to remember that the local wallet is also going to need its own masternodeprivkey=[output from genkey]. So once you have the server side ready. On your local wallet darkcoin.conf change masternode=1, to 0. Get the masternode privkey, add it to the darkcoin.conf and change back to masternode=1. After that, follow the same process we used before to start the masternode remotely. From humanitee:

Start darkcoind on the remote machine.
On your local machine, send 1000 DRK to a newly generated wallet. Send it to the 0th address. If you use darkcoin-qt version to make your wallets, send it to the first (and only if it was newly generated) address.
On your local machine specify the server IP at launch with:
./darkcoind -masternodeaddr=YOUR_SERVER_IP:9999
Unlock your local machine's newly generated 1000 DRK wallet with your passphrase, ## is the time in seconds before the wallet will be once again locked:

 ./darkcoind walletpassphrase 'your wallet passphrase here' ##

On your local machine,

./darkcoind masternode start

For the above to work your local wallet must already have its own privkey on the darkcoin.conf (this key is different from the server one). I hope this helps.

Today a masternode costs you around $7k and might bring every month $100-$200, but after 3 or 4 months it will probably costs you $50k and bring every month almost $2k, that's why people are trying to buy as soon as possible and setup their masternodes, why would anyone want to sell after that?

I managed to convince a VPS service provider to start to accept Darkcoins

They are running out of Iceland and have servers also in Sweden and Romania.
Also really big on anonymity. This is a quote from theyr front page:

"FlokiNET offers safe, anonymous and stable services. We will protect your project and privacy. Our main goals are freedom of speech and the right to privacy and anonymity. We offer solutions for any kind of secure communication, data transport and anonymous publishing."

They are also running several TOR nodes  

Go cancel your amazon masternode VPS and sign up with FlokiNET and pay with your Darkcoins  

http://www.flokinet.is/

They also accept BTC, LTC, AUR if you dont want to part with your DRK

There is not yet a Darkcoin logo on theyr frontpage but hopfully you will see it there soon.
If you want to sign up and pay with DRK just send them a email telling them that you want to do so [email protected] and Einar Jóhannsson will take care of you.
If you mention my name in the Email you might get some better deal

Today a masternode costs you around $7k and might bring every month $100-$200, but after 3 or 4 months it will probably costs you $50k and bring every month almost $2k, that's why people are trying to buy as soon as possible and setup their masternodes, why would anyone want to sell after that?

Does the price runup have anything to do with the May 25 deadline so people can get their 1000 DRK for a Masternode?

What happens after?  Selloff?

Hope that you keep enough DRK  for more New Sport Cars !

That's because of so called "change" addresses your wallet generates automatically almost everytime you spend, and that are part of anonymity features. They can end up holding a lot of coins, and don't appear directly in the known addresses.

You can list them with "listunspent" in the debug console.

Also, they're the reason why you have to backup your wallet often, as new private keys for those change addresses are generated every time.

You are saying that I had bought my New Sport Car for nothing ?


I FAIL.

Does the price runup have anything to do with the May 25 deadline so people can get their 1000 DRK for a Masternode?

What happens after?  Selloff?

cum on, rise