[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6026.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: salmion on May 12, 2014, 08:43:29 AM

Psssh nothing should be given away. That's self defeating.

If people want to help make their money grow and have lots of dark donate to bounties.
Or to people helping promote/working on the coin.

Yea I assumed we were talking about donating to bounties. No sense to just give coins away heh.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: LimLims on May 12, 2014, 08:50:33 AM

Just a thought on masternode security: Is it reasonable to assume that any Amazon EC2 image will have built-in backdoors? I imagine a large percentage of masternodes are running on EC2 instances.

I was wondering if the EC2 free tier instances had good enough performance. The Ubunktu one says "Very low performance".

Is it enough ?

HiddenDark

full member

Activity: 196

Merit: 100

Quote from: eduffield on May 12, 2014, 07:36:30 AM

Ring signatures are going to be implemented in V2.

I this what InternetApe was talking about the other day? "Completely anonymous".

watuba

full member

Activity: 211

Merit: 100

Quote from: camosoul on May 12, 2014, 07:52:07 AM

Quote from: watuba on May 12, 2014, 07:45:01 AM

darkcoin.io seems down atm

Feed it Caffeine...

bump

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

Just a thought on masternode security: Is it reasonable to assume that any Amazon EC2 image will have built-in backdoors? I imagine a large percentage of masternodes are running on EC2 instances.

Is it possible to upload your own linux ISO for use on EC2?

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

Darkcoin/DarkSend does need to go open source -- it's imperative for it to be taken seriously by big investors and people concerned with security. We need all those eyes on the code to find bugs and vulnerabilities to ultimately strengthen the coin.

Other than those practical reasons, I personally value the open source ethos where information & work are made freely available so it can be hacked, improved upon & taken in different directions. I'm personally invested in Darkcoin, but in the event that someone takes the source, improves on it and creates a superior product which blows Darkcoin out of the water, I'd be happy. The world needs strong anonymous cryptocurrencies to compete with the established financial hierarchy, and keeping a coin's source closed hinders that progress. Darkcoin is just one player, and if it's not participating in the open source ecosystem, it's wasting its potential role in the crypto revolution. I don't want it to be a selfish coin.

salmion

hero member

Activity: 560

Merit: 500

Quote from: illodin on May 12, 2014, 08:40:31 AM

Quote from: Lauda on May 12, 2014, 08:11:46 AM

Quote from: illodin on May 12, 2014, 08:00:25 AM

Quote from: ac2 on May 12, 2014, 06:43:28 AM

How do you feel about that?

Sorry you missed the lunch. I was there at the lunch.

I also bought 10,000 darkcoins for 0.25 BTC about 2 weeks after the release.

How do you feel about that?

I feel like you should give away some. You've made a lot of money already.

I agree large holders should give away more. I don't think I'm a big holder, but have given away 1000 DRK already.

Psssh nothing should be given away. That's self defeating.

If people want to help make their money grow and have lots of dark donate to bounties.
Or to people helping promote/working on the coin.

conf

sr. member

Activity: 284

Merit: 250

Quote from: salmion on May 12, 2014, 08:38:39 AM

Quote from: Scriptiee on May 12, 2014, 08:36:39 AM

Quote from: conf on May 12, 2014, 08:35:38 AM

Btw...

http://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

This again ... ohh c'mon Roll Eyes

This is a good thing. It shows pretty damn good distribution.

Could not say it better!

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: Kai Proctor on May 12, 2014, 08:30:54 AM

Quote from: coins101 on May 12, 2014, 07:55:14 AM

I was thinking about doing an IPO to open up the market to buy DRK for creating master nodes for those investors that have money but not the time, expertise, etc.,?

Flawed thinking?

The problem I see with this : one entity controls and manages a large amount of masternodes for those investors ---> centralization.

I had thought of that...and with investors feeling nervous about handing over so much money to someone they don't really know. Something like this is only really worth doing for a minimum of 200 nodes. Some investors wouldn't want to mess around with passwords to diminish these risks.

edit - typo

illodin

hero member

Activity: 966

Merit: 1003

Quote from: Lauda on May 12, 2014, 08:11:46 AM

Quote from: illodin on May 12, 2014, 08:00:25 AM

Quote from: ac2 on May 12, 2014, 06:43:28 AM

How do you feel about that?

Sorry you missed the lunch. I was there at the lunch.

I also bought 10,000 darkcoins for 0.25 BTC about 2 weeks after the release.

How do you feel about that?

I feel like you should give away some. You've made a lot of money already.

I agree large holders should give away more. I don't think I'm a big holder, but have given away 1000 DRK already.

luke997

full member

Activity: 294

Merit: 100

Quote from: conf on May 12, 2014, 08:35:38 AM

Btw...

http://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

Taking into account top walkets being exchanges, that's excellent distribution and getting better day by day.

salmion

hero member

Activity: 560

Merit: 500

Quote from: Scriptiee on May 12, 2014, 08:36:39 AM

Quote from: conf on May 12, 2014, 08:35:38 AM

Btw...

http://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

This again ... ohh c'mon Roll Eyes

This is a good thing. It shows pretty damn good distribution.

luke997

full member

Activity: 294

Merit: 100

With the excellent guide by cheaplin + a lot people helping out, I can't see how the willing souls could not set up masternodes.
1h tops for newbie for the first one, then image and max 5min for each next to swap wallet/ip.

Scriptiee

sr. member

Activity: 249

Merit: 250

Quote from: conf on May 12, 2014, 08:35:38 AM

Btw...

http://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

This again ... ohh c'mon Roll Eyes

conf

sr. member

Activity: 284

Merit: 250

Btw...

http://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: Kai Proctor on May 12, 2014, 08:30:54 AM

Quote from: coins101 on May 12, 2014, 07:55:14 AM

I was thinking about doing an IPO to open up the market to buy DRK for creating master nodes for those investors that have money but not the time, expertise, etc.,?

Flawed thinking?

The problem I see with this : one entity controls and manages a large amount of masternodes for those investors ---> centralization.

No way! investors send 1k to themselves at address 0. If the server goes bust, with a flip of a button you fire up an entirely different MN

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: blajde on May 12, 2014, 08:19:49 AM

Quote from: Macno on May 12, 2014, 08:15:03 AM

Quote from: blajde on May 12, 2014, 08:05:11 AM

Quote from: coins101 on May 12, 2014, 07:55:14 AM

I was thinking about doing an IPO to open up the market to buy DRK for creating master nodes for those investors that have money but not the time, expertise, etc.,?

Flawed thinking?

I pitched this idea 400 pages back Tongue

Although with the "easy-install-one-click-iso-mount" will make it easier for so many and this will prolly not be needed anymore.

What do you mean by IPO? What would you offer and how?

"Hey I have a shitload of money and I want to make more money. I never touched linux and I don't have time to learn, setup and secure a server - do it for me and I'll give you a splash of my wealth".

That was my interpretation though.

Well, I did that for you, and never asked a penny Wink

Might have to re-think my community-support-plan...

daigitinasam

member

Activity: 94

Merit: 10

Whats going on with drkpool.com Huh

My rigs stopped to work there and i can`t open the site, no transactions comming also...

Kai Proctor

hero member

Activity: 546

Merit: 500

01100100 01100001 01110011 01101000

Quote from: coins101 on May 12, 2014, 07:55:14 AM

I was thinking about doing an IPO to open up the market to buy DRK for creating master nodes for those investors that have money but not the time, expertise, etc.,?

Flawed thinking?

The problem I see with this : one entity controls and manages a large amount of masternodes for those investors ---> centralization.

tifozi

hero member

Activity: 742

Merit: 501

Quote from: JGCMiner on May 12, 2014, 07:54:08 AM

Quote from: tifozi on May 12, 2014, 07:44:16 AM

Quote from: eduffield on May 12, 2014, 07:36:30 AM

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?

That is HUGE!! Please also consider IP obfuscation in some release.

Do not give in to these calls for open source. AnonyMint made a great post on the Monero thread about all of this open sourcing. Let there be a big merchant adoption phase first

I2P support for the masternode will be included AFAIK.

As for opensource, it will be very hard to increase adoption of an anonymous currency if the conversation starts with... "you don't need to see the source, trust me this solution is completely anonymous".

Not entirely untrue but big players(merchants) are watching and they couldn't care less about the open sourcing part of it. Open source is for the fudsters here pushing their own agenda. Keep in mind I am not against open sourcing, but it can be phased roll out down the road.

Before any of the anonymous coins came out, there were mixing services available on TOR. Some of them were scams, a couple were not, but merchants used to encourage using mixing services which were totally not trustworthy at all.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6026. (Read 9723858 times)