[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6211.

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: kaene on April 26, 2014, 08:21:38 AM

Dumb people take pictures of their CC and publish them online https://twitter.com/NeedADebitCard

Hopefully dumb people won't be able to setup a masternode, but if they do they will lose their coins like they lose their real $$$

...
If you follow these basic instructions even if someone hacks into your server they won't get your coins, "stupid proof".

I don't think there is such a thing as "stupid proof"... mistakes are made, and servers have to be constantly patched and updated to have complete security (which in turn might introduce new loopholes as heartbleed has shown)...

But I tend to agree with you.

I am all FOR stupid people losing their money.
So that more capable people can enter the market and take over.

That's what I love about the free market. And if that is how Darkcoin is supposed to work, so be it. Grin

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: georgem on April 26, 2014, 08:18:07 AM

Quote from: Minotaur26 on April 26, 2014, 08:14:37 AM

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

But wait a minute. My wallet has to be on a publicly accessible server with static ip. Visible to all.
My wallet must be on the same machine.

No wallet, no working masternode. Am I right?

So a hacker gets a free list of juicy static ips with each having a wallet of 1000 DRK, and we should just sleep tightly?

The best setup is to have 2 machines:

Machine A: Holds 1000DRK, runs as masternode. Use configuration option -masternodeaddr=machineB
Machine B: Holds 0DRK, runs as masternode.

There's no target.

Red Star Mining

member

Activity: 74

Merit: 10

Est. January 2012

A good Darkcoin and X11 mining calculator - http://x11mining.n00bsys0p.co.uk

Minotaur26

legendary

Activity: 1092

Merit: 1000

Quote from: dragonseer on April 26, 2014, 08:16:35 AM

Quote from: Minotaur26 on April 26, 2014, 08:14:37 AM

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

But how do the masternodes make money? Do they effectively tax everyone using Darksend??

As I understand it, Masternodes get 10% of the block rewards and are required to hold 1000DRK and provide the mixing service. Is a new model, some sort of PoS. But I think others would be more fit to answer this question.

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: humanitee on April 26, 2014, 08:19:45 AM

If you know what you are doing it's not that dangerous. Block all ports besides Dark and ssh, limit ssh to one IP, encrypt your wallet.

Damn, I know what I am talking about,... that's why I would never underestimate it and take it lightly.

Securing a server is the hardest thing to do these days.

Especially if it is CLEARLY deducible for every hacker what your server does and how much value it holds!
That's like asking to be raped.

kaene

hero member

Activity: 784

Merit: 1005

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all its DRK. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

You are missing something.

Dumb people take pictures of their CC and publish them online https://twitter.com/NeedADebitCard

Hopefully dumb people won't be able to setup a masternode, but if they do they will lose their coins like they lose their real $$$

Other will follow some simple rules:
1. Make a backup of your wallet!!!
2. Encrypt your wallet with a proper password!!!
3. If you have to restart your wallet because of any reason, and you have to write your password again, first re-install your server image just in case someone hacked in and left a keylogger (just being paranoid).

If you follow these basic instructions even if someone hacks into your server they won't get your coins, "stupid proof".

For reference: https://bitcointalksearch.org/topic/m.4401257

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: humanitee on April 26, 2014, 08:16:04 AM

A master node could never lose the Dark from others due to the way signing is implemented.
The devs are going to make an Amazon EC2 server image to help noobs set up master nodes securely.

Ok, losing others money is impossible, ...

But what about your wallet?

A thief will know that when he manages to hack your masternode wallet, he will ALWAYS get atleast 1000 DRK out of it.

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: georgem on April 26, 2014, 08:18:07 AM

Quote from: Minotaur26 on April 26, 2014, 08:14:37 AM

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

But wait a minute. My wallet has to be on a publicly accessible server with static ip. Visible to all.
My wallet must be on the same machine.

No wallet, no working masternode. Am I right?

So a hacker gets a free list of juicy static ips with each having a wallet of 1000 DRK, and we should just sleep tightly?

If you know what you are doing it's not that dangerous. Block all ports besides Dark and ssh, limit ssh to one IP, encrypt your wallet.

luke997

full member

Activity: 294

Merit: 100

Quote from: Specx on April 26, 2014, 08:15:01 AM

Quote from: ntrn500 on April 26, 2014, 08:01:27 AM

Quote from: TTM on April 26, 2014, 07:59:46 AM

Quote from: VladMaster on April 26, 2014, 07:57:23 AM

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

probably whale started this pump, but i think the rise from yesterday was quite natural because of the hype, people are pumping btc like crazy. Don't know how long this pump will last.

This is the new BTC.

Is the the delusion stage or already new paradigm?

Nope, that's take off.

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: HiddenDark on April 26, 2014, 08:03:44 AM

Big dump. We were only $1,735 off a $10 mil market cap.

We've crossed that point when price was 0.0054

0.0054 x 4.150.000 DRKs x 460 USD bitcoin price = 10.3mn

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: Minotaur26 on April 26, 2014, 08:14:37 AM

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

But wait a minute. My wallet has to be on a publicly accessible server with static ip. Visible to all.
My wallet must be on the same machine.

No wallet, no working masternode. Am I right?

So a hacker gets a free list of juicy static ips with each having a wallet of 1000 DRK, and we should just sleep tightly?

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: dragonseer on April 26, 2014, 08:16:35 AM

Quote from: Minotaur26 on April 26, 2014, 08:14:37 AM

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

But how do the masternodes make money? Do they effectively tax everyone using Darksend??

10% of the mining reward goes to them.
https://darkcointalk.org/threads/darkcoin-update-masternode-requirements-masternode-payments.225/

ntrn500

full member

Activity: 196

Merit: 100

Quote from: Specx on April 26, 2014, 08:15:01 AM

Quote from: ntrn500 on April 26, 2014, 08:01:27 AM

Quote from: TTM on April 26, 2014, 07:59:46 AM

Quote from: VladMaster on April 26, 2014, 07:57:23 AM

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

probably whale started this pump, but i think the rise from yesterday was quite natural because of the hype, people are pumping btc like crazy. Don't know how long this pump will last.

This is the new BTC.

Is the the delusion stage or already new paradigm?

Mr. Aristotel, please define the term "paradigm". Thanks.

7854587

newbie

Activity: 43

Merit: 0

How to use the NVIDIA?
How to dig?

dragonseer

hero member

Activity: 611

Merit: 500

Anglo Saxon Crypto Enthusiast

Quote from: Minotaur26 on April 26, 2014, 08:14:37 AM

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

But how do the masternodes make money? Do they effectively tax everyone using Darksend??

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all its DRK. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

A master node could never lose the Dark from others due to the way signing is implemented.
The devs are going to make an Amazon EC2 server image to help noobs set up master nodes securely.

Specx

newbie

Activity: 4

Merit: 0

Quote from: ntrn500 on April 26, 2014, 08:01:27 AM

Quote from: TTM on April 26, 2014, 07:59:46 AM

Quote from: VladMaster on April 26, 2014, 07:57:23 AM

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

probably whale started this pump, but i think the rise from yesterday was quite natural because of the hype, people are pumping btc like crazy. Don't know how long this pump will last.

This is the new BTC.

Is the the delusion stage or already new paradigm?

Minotaur26

legendary

Activity: 1092

Merit: 1000

Quote from: georgem on April 26, 2014, 08:10:11 AM

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did. Cool

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all it's dark. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

Yes, you are missing something. The 1000DRK is just a collateral to ensure it is very expensive to attack the network. The coins have nothing to do with the Masternode roll of being randomly selected to mix a Darksend transaction. The masternodes play a role in the anonymity and they get pay for that service, the collateral coins are very unlikely to be stolen.

chaeplin

sr. member

Activity: 294

Merit: 250

I am worried about official pool hashrate hiccup.

Darkcoin poolhash is almost 28GH/s.

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

http://pool.darkcoin.me/ < only chinese MPOS pool > has 2.2GH/s.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: illodin on April 25, 2014, 03:04:30 PM

Quote from: chaeplin on April 25, 2014, 02:59:36 PM

Quote from: illodin on April 25, 2014, 02:50:20 PM

Quote from: eduffield on April 25, 2014, 09:04:10 AM

Quote from: illodin on April 25, 2014, 12:40:44 AM

Evan, will the next RC support Windows masternodes?

The current version does, you just need to use the debug window to start it up

- I created an empty wallet for the masternode, and encrypted it with "mypassword"
- sent 1000 DRK from another wallet to the masternode wallet's default address
- launched the masternode wallet
- went to debug window, typed: masternode start mypassword
- typed: masternode debug, and it says "Missing masternode input, try running masternode create"
- typed: masternode create, and it says "Not implemented yet"

Did I miss a step or should it work? Huh

In the darkcoin.conf add "connect=23.23.186.131" and "masternode=1"
https://darkcointalk.org/threads/darkcoin-update-masternode-requirements-masternode-payments.225/

Oh yea I did that too.. just forgot to add that in the post. Sad

Here are my updated steps:

- I created an empty wallet for the masternode, and encrypted it with "mypassword"
- sent 1000 DRK from another wallet to the masternode wallet's default address
- added line to darkcoin.conf: connect=23.23.186.131
- added line to darkcoin.conf: masternode=1
- launched the masternode wallet
- went to debug window, typed: masternode start mypassword
- typed: masternode debug, and it says "Missing masternode input, try running masternode create"
- typed: masternode create, and it says "Not implemented yet"

Progress update: apparently wallet encryption was one of the problems I had. Tried again without encryption:

- I created an empty wallet for the masternode, and did NOT encrypt it
- created a new receiving address by typing: getaccountaddress 0
- sent 1000 DRK from another wallet to the newly created "0" address
- added line to darkcoin.conf: connect=23.23.186.131
- added line to darkcoin.conf: masternode=1
- re-launched the masternode wallet
- went to debug window, typed: masternode start
- typed: masternode debug, and it says "No problems were found" <= an improvement!
- typed: masternode list, my node ip is not in the list (tried again after 10 minutes, and 10 hours, no difference)
- opened command prompt, and typed: netstat -a => there is nothing listening to port 9999

So even though "masternode start" command executes, and "masternode debug" doesn't find problems, the wallet just doesn't start listening to 9999.

Log file does have the following lines:
- IS DARKSEND MASTER NODE
- Found unspent output equal to nValue

But it does NOT have the following lines:
- AddLocal(x.x.x.x.)
- RegisterAsMasterNode

Halp?

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6211. (Read 9723748 times)