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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6117. (Read 9724017 times)

legendary
Activity: 1008
Merit: 1000
Zerocoin wont even touch us. Dark is the future brahs
full member
Activity: 184
Merit: 100
great cheap coins keep going time to buy
sr. member
Activity: 336
Merit: 250
Wow you sold 7k DRK for that  Shocked lol !! That's some panic  Cheesy

I still have a lot left, but I do think my concerns are warranted.  I asked the same question earlier today and got no good solution from anyone, chaeplin's solution is good but not perfect (as far as I can tell). This will be a big drawback if Zerocoin is launched with no such limitation.
sr. member
Activity: 336
Merit: 250
pool : 10, 100, 1000
darkssend 10.1 coins --> 10 + 0.1   --> need 10 + 10 coins, not 100
darkssend 101 coins --> 100 + 1  ---> need 100 + 10 coins , not 1000

Need more smallest pool's size.

Isn't it ?

If there is 1 coin pool, just need 1 coin more.

Evan claimed that the 1000 coin pool would be used for any amount between 101-1000

Your solution is pretty good IMO.

But there are problems..

If you want to send 221 from address A to address B:

2 entries into the 100 coin pool
2 entries the 10 coin pool
1 entry into the 1 coin pool

So on the blockchain it would show

Address A -221 coins ... some time later
Address B +221 coins - so it would be easy to determine that A sent coins to B

I like your idea of using the 10 coin pool to handle the extra 1 coin, so only 230 coins are needed.

If you want to send 221 from address A to address B (assuming the wallet with Address A has 230 coins):

2 entries into the 100 coin pool
3 entries into the 10 coin pool

Address A -230 coins ... some time later
Address B +221 coins

This still might be enough to prove that A is the sender to B - depending on how many other entries are entered into the 100 coin pool.


It's going to be a big issue in practice because when someone has exactly 221 coins, and they want to darksend 221 coins, they are going to get an error message that they need 230 coins to send 221, so instead they will submit a 220+1 to the same address, which will out them (see example above).
hero member
Activity: 560
Merit: 500


https://bitcointalksearch.org/topic/m.6335710

7k DRK will be worth around $60k  Wink

If the market expectations were actually that one-sided, it would be built into the price already. There's no free lunch to be had here and no way to escape the risk-reward tradeoff. Enough people disagree that there's insufficient demand at a higher price. The fact that they didn't bother to vote merely shows that polls don't work. Tongue
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000
Quote
If anyone else wants to panic sell, please PM me. Fiat purchases.
PM me too!

me too !

I hope that there are not many like him with that much coins, the slightest gust of wind and they tank the market for nothing.
sr. member
Activity: 378
Merit: 250
Quote
If anyone else wants to panic sell, please PM me. Fiat purchases.
PM me too!
legendary
Activity: 1456
Merit: 1000


According to the price predications for the end of May, this person that has accumulated 202k DRK over the past week or so, will be worth around $2m.

God knows if this is an exchange, someone stocking up, someone getting some money to buy something in particular, just moving coins around.



https://bitcointalksearch.org/topic/m.6335710

7k DRK will be worth around $60k  Wink
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000
So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  Sad.  

Now for the good news, if anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on Grin



Wow you sold 7k DRK for that  Shocked lol !! That's some panic  Cheesy
sr. member
Activity: 266
Merit: 250
So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  Sad.  

If anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on Grin



pool : 10, 100, 1000
darkssend 10.1 coins --> 10 + 0.1   --> need 10 + 10 coins, not 100
darkssend 101 coins --> 100 + 1  ---> need 100 + 10 coins , not 1000

Need more smallest pool's size.

Isn't it ?

If there is 1 coin pool, just need 1 coin more.

http://www.darkcoin.io/downloads/DarkcoinWhitepaper.pdf
Quote
Improved Anonymity
An  anonymity enhancement to the generic CoinJoin implementation  is added by only allowing
inputs of the same size into the DarkSend pools. These sizes are referred to as “denominations”
and are in  powers of  ten  (for example,  1DRK, 10DRK, 100DRK, 1000DRK).
This allows the
inputs from all users to be virtually the same. Outputs per user must add up to the denomination
size.

This is correct. It appears he panic sold for no reason if that was his reason for selling.
legendary
Activity: 1456
Merit: 1000
So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  Sad.  

Now for the good news, if anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on Grin



Why in the world would that make you sell $8500 in coins? We're not even at RC2 yet.

/confused

If anyone else wants to panic sell, please PM me. Fiat purchases.
full member
Activity: 224
Merit: 100
So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  Sad.  

Now for the good news, if anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on Grin



Why in the world would that make you sell $8500 in coins? We're not even at RC2 yet.

/confused
sr. member
Activity: 294
Merit: 250
So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  Sad.  

If anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on Grin



pool : 10, 100, 1000
darkssend 10.1 coins --> 10 + 0.1   --> need 10 + 10 coins, not 100
darkssend 101 coins --> 100 + 1  ---> need 100 + 10 coins, not 1000

Need more smallest pool's size.

Isn't it ?

If there is 1 coin pool, just need 1 coin more.

http://www.darkcoin.io/downloads/DarkcoinWhitepaper.pdf
Quote
Improved Anonymity
An  anonymity enhancement to the generic CoinJoin implementation  is added by only allowing
inputs of the same size into the DarkSend pools. These sizes are referred to as “denominations”
and are in  powers of  ten  (for example,  1DRK, 10DRK, 100DRK, 1000DRK).
This allows the
inputs from all users to be virtually the same. Outputs per user must add up to the denomination
size
.
sr. member
Activity: 336
Merit: 250
So I have a bit of a confession to make.  Maybe you guys already knew this but...

Today I figured out that you cannot darksend 101 coins unless you have 1000 coins in your wallet.

Just to clarify: when you send 101 coins from address A to address B, you submit 1000 coins into the 1000 coin pool, address B recieves 101 and you receive 899 back at a change address C.

Same goes if you want to darkssend 10.1 coins, you need 100 coins in your wallet.

If you want to darksend 1.1 coins you need to have 10 coins in your wallet.

So back to my confession - when I discovered this issue I panicked a bit and sold 7,000 coins and tanked the market  Sad.  

Now for the good news, if anyone can come up with an ingenious solution to this problem I'll buy back all of these coins in an instant. Put your thinking caps on Grin

hero member
Activity: 720
Merit: 500
Localbitcoin down for anyone else?
Got 2.5 BTC in there waiting to be spent on DRK!
Quote from: localbitcoins.com
LocalBitcoins received a very dangerous attack against the site infrastructure on Saturday 3.5.2014.
For now

    All user data and Bitcoins are safe;
    The site will be down for a while as the system is being rebuilt

Details
LocalBitcoins hosting provided received a request to restart the LocalBitcoins.com website server and give access to the server console (root) on Sat May 3 13:32:27. LocalBitcoins team did not initiate this request. For now, it looks like the request was made using spoofed email addresses and other weakness in the hosting provider support system.

    LocalBitcoins team was alerted about the abnormal activity when the hosting provider restarted the server.
    The attacker gained a root access to the server for ~40 minutes before the attacker was kicked out and the server shutdown.
    All data on the website server is encrypted. Manual actions are needed to make this data readable, so the attacker could not gain access to the data even when having a server console access.

It is very unlikely that the attacker gained access to any data;  LocalBitcoins is still performing full investigation on the matter.

    Bitcoins in hot wallet and cold wallet are safe, as LocalBitcoins runs its bitcoind and wallets on a separate server.
    LocalBitcoins team has started to rebuild the website server on fresh hardware.

LocalBitcoins team will make further announcements when the investigation proceeds and the site becomes available again.  We expect to spend at least 24 hours on this. LocalBitcoins team apologizes the issues the downtime may cause to the users.

Fuck me trust my luck, my biggest DRK purchase and the site goes down before I withdraw. Anyone know who I can contact about getting my coins out before it's up? Hope the site's ok it's by far the best exchange imo. Probably going to be crawling round IRC later finding who I need to speak to Tongue.

Want to make the buy before Monday's Wired article ofc.
member
Activity: 89
Merit: 10


Password protecting the goddamn wallet on startup
would alleviate the sender-record problem at least.

I never understood why this is not standard.
I've been going on about this since page 600 and you're the only person who's noticed.  Cheesy

I'm not even sure what this means to be honest.  Are you saying you shouldn't need to manually encrypt wallet and add password, it should prompt for a new password as soon as the wallet launches for the first time?

Not the first time, because you haven't set a password yet, but if you've encrypted your wallet, it should ask you for a password subsequently, before opening up and allowing everyone and anyone to see full records of your transactions. Or copying your .dat and viewing everything you've done later.

You expect to have to enter a password to see your banking online, right? And your email, and your exchange accounts, and just about everything else, for good reason. For an "anonymous" coin, it's a baffling omission.

Hmm, yes that is a good point. I agree a password should be required to see history of transactions.  The problem I see is that the more times you input your password the more chances a malicious key-logger has to get your coins. :/ It guess it is a tradeoff.

I wonder if it could be built in to the transaction log tab specifically?  Regardless, I would only support the idea if it were a separate pw from the actual wallet pw for just the reason you mention (key loggers).
Like blockchain.info where you can set 2 passwords. One to see your wallets balancee and addresses and stuff and a second one thats necessary for sending coins, generating new addresses etc
full member
Activity: 322
Merit: 105


Password protecting the goddamn wallet on startup
would alleviate the sender-record problem at least.

I never understood why this is not standard.
I've been going on about this since page 600 and you're the only person who's noticed.  Cheesy

I'm not even sure what this means to be honest.  Are you saying you shouldn't need to manually encrypt wallet and add password, it should prompt for a new password as soon as the wallet launches for the first time?

Not the first time, because you haven't set a password yet, but if you've encrypted your wallet, it should ask you for a password subsequently, before opening up and allowing everyone and anyone to see full records of your transactions. Or copying your .dat and viewing everything you've done later.

You expect to have to enter a password to see your banking online, right? And your email, and your exchange accounts, and just about everything else, for good reason. For an "anonymous" coin, it's a baffling omission.

Hmm, yes that is a good point. I agree a password should be required to see history of transactions.  The problem I see is that the more times you input your password the more chances a malicious key-logger has to get your coins. :/ It guess it is a tradeoff.

I wonder if it could be built in to the transaction log tab specifically?  Regardless, I would only support the idea if it were a separate pw from the actual wallet pw for just the reason you mention (key loggers).
full member
Activity: 224
Merit: 100
Any benefit from using the latest SPH-sgminer vs a slightly older one that supports less of the X11 coins?  It looks like the latest version may only add support for the newest X11 coins.  Is that correct or is the latest version faster than a version 2 or 3 back?

Depends on how old the one you're using is. At -some- point the miner was optimized a bit and took my 280x cards from 2.1 to 2.3, but I don't know exactly where that was. If you're already hitting 2.3 then you don't need to worry about it.
sr. member
Activity: 336
Merit: 250
Any benefit from using the latest SPH-sgminer vs a slightly older one that supports less of the X11 coins?  It looks like the latest version may only add support for the newest X11 coins.  Is that correct or is the latest version faster than a version 2 or 3 back?

I don't think it makes a difference but I could be wrong.
sr. member
Activity: 378
Merit: 250
Any benefit from using the latest SPH-sgminer vs a slightly older one that supports less of the X11 coins?  It looks like the latest version may only add support for the newest X11 coins.  Is that correct or is the latest version faster than a version 2 or 3 back?
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