Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6145. (Read 9723791 times)

You are not seeing the full picture. To many many people in Europe it's more profitable to mine DRK than any scrypt once you account for electricity. Also to many people who mining DRK is a little bit less profitable than mining scrypt, they just prefer to earn maybe 5% less but keep their rooms at an acceptable temperature. And if you think they could mine other more profitable X11, probably most people don't want the daily dealing with exchange, it's more convenient to directly mine DRK and forget about your rigs.

So once you add those 3 things, electricity cost, heat and stability of DRK, it makes a lot of sense to have so many people mining it instead of anything else.

some reference changed

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

1) block found percent :  last 100 blocks(4.1 hours) to last 24 hours(almost 576 blocks)
2) poolhash percent : 1 hour avg to 30 minutes avg
3) Recent blocks : 2 hours to 3 hours
4) pool hashrate : 2 minutes interval to 2 minutes interval + 30 minutes avg

previous graph is here http://drk.poolhash.org/darkhash.html

I am sure I have read somewhere that you need the passphrase in ""s, eg. ./darkcoind masternode start "passphrase"   -   but I am old and my memory sometimes fails me.

I'll be having my 1st go at a masternode later today, hours of baffled incomprehension to look forward to! 

Could someone kindly help me?  I can't seem to get this to work.

I started my server darkcoind wallet

I started my local darkcoind with the command:
./darkcoind -masternodeaddr=YOUR_SERVER_IP
I unlocked my wallet

I then tried to start my server with ./darkcoind masternode start passphrase

I get "not capable masternode"

I tried starting my local darkcoind as a masternode, unlocking the wallet, then went back to my server and still could not start the masternode.

Can anyone see what I'm doing wrong?  Thanks

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

Amazon is free. AWS service. Kinda scary at first but you'll come to love it

Linux only I believe and the best bang for your buck is most likely a Digital Ocean / Linode VPS ? 5$ A month on DO.

It seems to me that the next 2-3 weeks are going to be 'Anonymous weeks', with everyone coming out with their announcements and products - DarkWallet, Zerocash, Zerocoin to name a few.

From a marketing perspective, this is an awesome opportunity for us.
If Darkcoin is released in time (as Evan stated May 14th), we can ride this upcoming media wave.
If we are not out in time, or remain closed-source at the time, we will not be seen as a legitimate and serious contender and will be left out from these articles and reports.
If that happens, we will remain out of the general-public's perception as to who actually provides an anonymity solution. To get back into the public's perception will become much harder.

Normally, I would agree with people's view that we need to be cautious and play it safe, but not this time. I agree with Evan that we need to go out and lead the heard RIGHT AWAY.

So why am I suddenly less afraid about security issues-
I am not a security expert and this is imho, but I differentiate between 2 items:

a) hacking - I see the potential for hacking darkcoin and/or darksend and/or supernodes as very low. darkcoin is running for several months now; darksend is a protocol, and supernodes will be able to remain in cold storage. Not too much risk at any junction.

b) compromising anonymity - I see the potential of this threat as moderate (not by the Average Joe, but by serious institutions) via timing attack or some other means to 'estimate' who sent who at some degree of confidence (even if it low confidence). Yet I'm sure over time Evan will come-up with better and better ways to make Darksend even more anonymous than it will be in version 1.0

My conclusion - May 14th here we come. It's time to rock!!!

* EDIT- other coins will not clone darksend overnight, and by the time they do we will be moving even further to version 2.0, services through supernodes and other developments.
IMHO our greatest advantage over other shitcoins is that ALL people here understand the difference between innovation and crap (otherwise they would be in some shitcoin rather than here) and we are not afraid to fork as much as needed to get more innovation out. We are here to revolutionize, not pump-n-dump.

Vote for DRK https://bitcointalksearch.org/topic/m.6476217

Other than great initial publicity, isn't best not to let competitors use your technology until atleast the coin is more mature and mainstream like maybe open source it once Darkcoin hits 5,000 avg difficulty?  There's good arguements on both sides here so maybe opening it up immediately is best.  My gut tells me to be wary of rushing out the open source part though.

this is great info! Are there any VPS hosting companies you'd recommend checking out? I see GoDaddy offers it but at $30/month. I saw someone mention that you can get a VPS server for as low as $5/month...

Also, all the instructions I've seen so far refer to Linux/Unix server. Can the masternode be setup on a Windows server instead?

Expect news to start filtering through next week about how Australia plans to tax cryptocurrencies. If all goes well all you Yanks can move over here.

http://newsbtc.com/2014/04/30/australian-tax-office-preparing-bitcoin-tax-guidance/

hahaaa
well put, specially the part with the 2 year old ….>>

Apparently there is a way to not keep the coins on the node itself, so they could actually be in cold storage after you set the node up initially.

Post to reddit.com/r/drkcoin

you deserve some karma 

Yep, but mathematically it is the exact same if you are calculating profitability, plus or minus a little luck from day to day.

Mostly it is your passphrase that protects you.  Problem is, your ip address is kind of advertised and anyone interested in thievery will know there are 1000 dark in that wallet.  However, if the coin are in a wallet on another machine, that doesn't advertise it's IP address, it could be safer, however, only if you can have the wallet locked, IMO.  Im not sure if you can keep your wallet locked at the moment.

DDOS just blocks your wallet from participating.  What we have to worry most about is if a VM can be infiltrated via another person's server running on the same hardware??  Or if you were sloppy enough to get malware on your machine??

This was me. I paid the price for my lessons. I'm done banging my head though. I've actually written a whole file with all the lessons I've learned. I will be breakeven around 0.0037 in Darkcoin, or 0.0041 if you count a gain I made before the loss. Those prices should be reached again in the next few months. Hopefully sooner.

In the meantime I enjoy reading this thread and all the activity.

Let's hope I will be one of the smarter ones next time around.

You're right... it was Zerocash. Their whitepaper is scheduled for May 18th.

I'm loving the metaphors and intensity of this response. I'm also awestruck by the stupidity of the general crypto population most of the time. This is an exciting time to live in if you're smart and have money. It really feels like the stock market in 99-00 but I was too young to make/lose money then. (Except this market has on average dumber people investing in it if you ask me)