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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6015. (Read 9723858 times)

hero member
Activity: 938
Merit: 1001
Is there anyone that can tell me what is happening on testnet? It was broke last night. I updated to 10.7.3 and I am stuck on block 4677. Others on IRC report same issues on testnet.
full member
Activity: 168
Merit: 100
i'm still kinda newb to some of this stuff....but what do you guys make of the huge buy walls?

You've got 2 possibilities:

-Someone is willing to buy 100+ BTC at that price (less likely)
-Someone wants to sell DRK so they put in a huge buy wall so that others gain confidence and put in buy orders that they can sell into (more likely)

Either way you're swimming with whales so be careful! Price does seem to be relatively stable right now but you never really know what the big players are going to do.

Yeah, who knows. But in the long run, this seems extremely promising (I like that guy who put "maybe I'll sell some at $300 per DRK").

Pro-tip: I've been making pretty decent returns through automated BTC arbitrage (see link in my signature), so I just withdraw some BTC profits every few days to buy more DRK.

I'm wary of this pro tip. There is a lot of feedback about problems with the BTC Arbs site: https://bitcointalksearch.org/topic/btc-arbscom-update-dead-hyip-refund-progress-btc-arbs-still-doing-refunds-474787
legendary
Activity: 1834
Merit: 1023
Why is DRK so hard to push upward and so quick to fall (or worse, get stuck in long spells of protracted stagnation).

There's a cloud over this coin that has nothing to do with Evan's great work and all the innovation and features, and I don't think it can be dismissed. Maybe this instamining is it - I don't know. But the kind of good news and work put into this coin should've made it perform like BlackCoin in its heyday. Why does it continue to struggle like this (from the perspective of those of us who aren't early adopters).
People are so used to pumping and dumping of crypto coins.  Darkcoin has been increasing in price at a very steady rate, although it climbs steeply when there is something interesting happening, such as an article that gives exposure or progress on the features.  There is no drama, because a lot of people are being serious with this coin.  You don't get tons of people dumping, and pumping hasn't worked.

So, although we are doing super well, we don't have the drama.  We are mature, we are real.  I don't see a struggling coin at all.  I see one that stands out from the crowd so far, that it can only be compared to Bitcoin itself in how it grew.
The only thing that DRK is missing now is a community such as the one behind dogecoin. They are insanely active. Even if we had half as many people as they did (active ones of course), the price and adoption would go up. Maybe we should approach a few websites so that they write an article on darkcoin.

I think DRK is doing fine !
the price is rising steady,…. 10% here, 10% there,
i believe this is exactly what we want ! Steady up !
(and no bump and dump bull ….)
Sure more PR is always good, but no need to rush it, the coin is speaking for itself
and people are catching on, maybe slowly but at least steady … so let it flow for a bit !
The big developments are not yet in action, so no need to jump the gun and promote something
with is not 100 % yet ! Lets take it easy for a bit longer, we are doing so well !!!
legendary
Activity: 966
Merit: 1000
legendary
Activity: 2674
Merit: 3000
Terminated.
you're swimming with whales so be careful! Price does seem to be relatively stable right now but you never really know what the
No this isn't more likely. The last time that a coin was spiking in volume (that I've noticed) there were hundreds and hundreds BTC buy walls on the market. If you plan to sell a lot, a smart trader would sell over time.

Certainly there are number of trading tactics out there, but I'd always caution new traders to not see big buy walls and think they can buy with impunity because those walls can (and very often will) move or disappear.
Well this is correct. Big buy and sell walls often dissapear. I've recently seen a sell wall for over 40 BTC for DRK and within a few hours it was gone. I guess some bigger holders just want to manipulate the Darkcoin market.
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
full member
Activity: 224
Merit: 100
i'm still kinda newb to some of this stuff....but what do you guys make of the huge buy walls?

You've got 2 possibilities:

-Someone is willing to buy 100+ BTC at that price (less likely)
-Someone wants to sell DRK so they put in a huge buy wall so that others gain confidence and put in buy orders that they can sell into (more likely)

Either way you're swimming with whales so be careful! Price does seem to be relatively stable right now but you never really know what the big players are going to do.
No this isn't more likely. The last time that a coin was spiking in volume (that I've noticed) there were hundreds and hundreds BTC buy walls on the market. If you plan to sell a lot, a smart trader would sell over time.

Certainly there are number of trading tactics out there, but I'd always caution new traders to not see big buy walls and think they can buy with impunity because those walls can (and very often will) move or disappear.
legendary
Activity: 1708
Merit: 1049
legendary
Activity: 1456
Merit: 1000
Can someone explain ring signatures to me and why this is important or point me to a good resource?

Thanks!  Grin

https://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449

Read here where it analyzes cryptonote.

that's pretty good source, plus the onward references
legendary
Activity: 3066
Merit: 1188
The correction's in folks.

Yeah sure and the 200btc buy orders on Cryptsy and Mintpal are just too dang small to stop the correction...

Maybe you need a translation:

"The correction's in" = The correction has already occurred and is now complete. W-e   a-r-e   u-n-l-i-k-l-e-y   t-o   g-o
d-o-w-n   f-r-o-m   h-e-r-e.

legendary
Activity: 2674
Merit: 3000
Terminated.
Why is DRK so hard to push upward and so quick to fall (or worse, get stuck in long spells of protracted stagnation).

There's a cloud over this coin that has nothing to do with Evan's great work and all the innovation and features, and I don't think it can be dismissed. Maybe this instamining is it - I don't know. But the kind of good news and work put into this coin should've made it perform like BlackCoin in its heyday. Why does it continue to struggle like this (from the perspective of those of us who aren't early adopters).
People are so used to pumping and dumping of crypto coins.  Darkcoin has been increasing in price at a very steady rate, although it climbs steeply when there is something interesting happening, such as an article that gives exposure or progress on the features.  There is no drama, because a lot of people are being serious with this coin.  You don't get tons of people dumping, and pumping hasn't worked.

So, although we are doing super well, we don't have the drama.  We are mature, we are real.  I don't see a struggling coin at all.  I see one that stands out from the crowd so far, that it can only be compared to Bitcoin itself in how it grew.
The only thing that DRK is missing now is a community such as the one behind dogecoin. They are insanely active. Even if we had half as many people as they did (active ones of course), the price and adoption would go up. Maybe we should approach a few websites so that they write an article on darkcoin.
legendary
Activity: 1708
Merit: 1049
Can someone explain ring signatures to me and why this is important or point me to a good resource?

Thanks!  Grin

https://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449

Read here where it analyzes cryptonote.
sr. member
Activity: 336
Merit: 250
Can someone explain ring signatures to me and why this is important or point me to a good resource?

Thanks!  Grin
legendary
Activity: 1456
Merit: 1000

wow - I worked in the city of london for a while - that paper gets circulated a lot.
full member
Activity: 280
Merit: 100
The Future Of Work
Why is DRK so hard to push upward and so quick to fall (or worse, get stuck in long spells of protracted stagnation).

There's a cloud over this coin that has nothing to do with Evan's great work and all the innovation and features, and I don't think it can be dismissed. Maybe this instamining is it - I don't know. But the kind of good news and work put into this coin should've made it perform like BlackCoin in its heyday. Why does it continue to struggle like this (from the perspective of those of us who aren't early adopters).


People are so used to pumping and dumping of crypto coins.  Darkcoin has been increasing in price at a very steady rate, although it climbs steeply when there is something interesting happening, such as an article that gives exposure or progress on the features.  There is no drama, because a lot of people are being serious with this coin.  You don't get tons of people dumping, and pumping hasn't worked.

So, although we are doing super well, we don't have the drama.  We are mature, we are real.  I don't see a struggling coin at all.  I see one that stands out from the crowd so far, that it can only be compared to Bitcoin itself in how it grew.
legendary
Activity: 2674
Merit: 3000
Terminated.
i'm still kinda newb to some of this stuff....but what do you guys make of the huge buy walls?

You've got 2 possibilities:

-Someone is willing to buy 100+ BTC at that price (less likely)
-Someone wants to sell DRK so they put in a huge buy wall so that others gain confidence and put in buy orders that they can sell into (more likely)

Either way you're swimming with whales so be careful! Price does seem to be relatively stable right now but you never really know what the big players are going to do.
No this isn't more likely. The last time that a coin was spiking in volume (that I've noticed) there were hundreds and hundreds BTC buy walls on the market. If you plan to sell a lot, a smart trader would sell over time.
full member
Activity: 224
Merit: 100
i'm still kinda newb to some of this stuff....but what do you guys make of the huge buy walls?

You've got 2 possibilities:

-Someone is willing to buy 100+ BTC at that price (less likely)
-Someone wants to sell DRK so they put in a huge buy wall so that others gain confidence and put in buy orders that they can sell into (more likely)

Either way you're swimming with whales so be careful! Price does seem to be relatively stable right now but you never really know what the big players are going to do.
sr. member
Activity: 294
Merit: 250
so with the masternode payments being delayed, will p2pool still work after the 14th?


https://darkcointalk.org/threads/postponing-masternode-payments-till-may-25th.578/
Quote from: eduffield, post: 3432, member: 104
Yes, this will be compatible with P2Pool by the 25th. Someone is working on modifications to p2pool to support masternode payments and they say they almost have it working.




https://github.com/darkcoinproject/darkcoin/blob/master/src/protocol.cpp#L16-L27
Code:
// The message start string is designed to be unlikely to occur in normal data.
// The characters are rarely used upper ascii, not valid as UTF-8, and produce
// a large 4-byte int at any alignment.
// Public testnet message start
static unsigned char pchMessageStartTestOld[4] = { 0xfc, 0xc1, 0xb7, 0xdc };
static unsigned char pchMessageStartTestNew[4] = { 0xce, 0xe2, 0xca, 0xff };
static unsigned int nMessageStartTestSwitchTime = 1398869551+(60*5);

// Darkcoin message start (switch from Litecoin's)
static unsigned char pchMessageStartLitecoin[4] = { 0xfb, 0xc0, 0xb6, 0xdb };
static unsigned char pchMessageStartDarkcoin[4] = { 0xbf, 0x0c, 0x6b, 0xbd };
static unsigned int nMessageStartSwitchTime = 1400094580; //Wed, 14 May 2014 19:09:40 GMT


p2pool need hard fork.

As pchMessage switched, p2pool-drk need to change P2P_PREFIX of bitcoin/networks.py at 1400094580; //Wed, 14 May 2014 19:09:40 GMT.

https://github.com/chaeplin/p2pool-drk/commit/3ffb8c55da6702cc0522f4d925ce13c03a7f45fe
https://github.com/chaeplin/p2pool-drk/commit/c27ef50ad6c2f68d224e92fd1077082269629115

Code:
https://github.com/chaeplin/p2pool-drk/blob/master/p2pool/bitcoin/networks.py#L23
from
        P2P_PREFIX='fbc0b6db'.decode('hex'),
to
        P2P_PREFIX='bf0c6bbd'.decode('hex'),


https://github.com/chaeplin/p2pool-drk/blob/master/p2pool/bitcoin/networks.py#L46
from
        P2P_PREFIX='fcc1b7dc'.decode('hex'),
to
        P2P_PREFIX='cee2caff'.decode('hex'),



How to update.
1) git pull https://github.com/chaeplin/p2pool-drk
2) at 1400094580; //Wed, 14 May 2014 19:09:40 GMT
    - stop p2pool-drk
    - remove data/darkcoin ( rm -rf data/darkcoin )
3) run p2pool-drk

(sad, Masternode payment is not patched yet)

full member
Activity: 168
Merit: 100
Ring signatures are going to be implemented in V2. I will begin development immediately after I opensource V1.

How do we compete against clones? Can they clone me? I work on this full time. In fact, I've only been at it four months. So far I've implemented DarkSend + X11 + DGW + Masternode payments. Plus, I've agreed to work on this project till at least Jan 2016 full time. So who on earth would invest in a clone?

Hi Evan, nice to see you come up for air, LOL Cheesy

Ring Signatures too? Dark is/will be the ultimate anonymous coin then..Ring Sigs plus Masternodes, that's perfect anonymity...

Ring Signatures is good decision.  Monero uses cryptonote protocol which implements ring signature technology for untraceable payments.  It's a much simpler solution to anonymity.

I hold both coins so I want to see both succeed.  

You're not fooling anyone. You've been slamming DRK on the Monero forum, and now you're here to make a polite suggestion to take a look at your fav Monero.

Quotes are not hard to find:

Seems like there's 3 coins using the exact same technology. Still uncertain which of these, if any will succeed. Out of the Cryptonote coins, I'm inclined to go with BCN, because no one cares about premine outside of miners. The coin that will win is the one with the best devs, that's all.  I do think that DRK will win the anonymity battle. It has the momentum. Regardless of what technology another coin has, once DRK is established as the anonymous coin, it won't really matter.  

People care about BCN ninja mine.  That's why Monero has surpassed BCN in hashrate in just couple weeks.

Monero devs are as good as any if not better.

DRK is lots hype.  Coin is one large complicated environment.  What happen when masternodes start get hacked because all these people without any knowlege are setting them up.  Then maybe government setup masternodes and control majority.  Things to think about.  
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