Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6334. (Read 9724017 times)

who is the dev ? Who is behind Darkcoin ?

Thank you very much!

This is my quick and dirty ec2 setup.
(for it people)


http://imgur.com/a/1Y3K2
http://pastebin.com/nbGtGfGv

I double checked, and I am not running the beta wallet on this system.

I probably won't count the number of transactions, but listunspent gave me a text file too large to put either here or on pastebin. Is there a specific keyword I should be looking for? this is my mining wallet, so I have a ton of "vout" transactions.

So, yes, that could well be the problem. How can I fix that?

There is no "9% premined" or anything similar, premine is 0.0000%. And I must say this, you should learn about the coin before you invest 10BTC in it.

In any case, it's simple, read about the launch and more here (dev's post):

https://www.darkcointalk.org/threads/the-birth-of-darkcoin.162/

And once you finish you go dump your coins or hold them, that's up to you, but next time follow the right order, first read about the coin and once you know enough to have a proper opinion then invest.

Based on the last 6 months, I've came to conclusion there are generally 6 types of alt coins. Most can lead to a good profit, but eventually only several will get stay for long.
List below - anyone can see which coins fits were - of course there will be exceptions - the trick is just to stick to the winning strategy.

1) Scam shitcoins.
Summary: Mostly clone code with very minor changes and outstanding marketing. Scam through IPO or big premine
Miners: Major interest. 99% of those who mine loose. Profit only for the ones who manage to sell before developer dumps when coin hits exchange
Investors: Some interest. 99% loose money

How to win - avoid.

2) Quiet shitcoins.
Summary: Mostly clone code with very minor changes and little to no marketing.
Miners: Never got a major interest. 99% of tose who mine loose. Lucky ones who manage to sell may make a small profit.
Investors: Never got interested. No pump. Only few trades, those who buy loose.
Price: None/rock bottom.

How to win - avoid.

3) Pump & Dump Shitcoins.
Summary: Mostly clone code with some changes and good marketing.
Miners: Major interest. 90% of tose who mine loose. Those who have no illusions and sell around the first and only pump - make an excellent profit - especially if mined early.
Investors: Major interest, Pump & Dump. Those who have no illusions and buy very early and sell around the first and only pump - make a good profit.
Price: Steady and rapid decline after initial Pump & Dump.

How to win - mine/buy early, sell without hesitation before/near peak.
As always, better safely sell at 80% peak than hold to long and be left with a bag of crap.

4) Investors (shit)coins.
Summary: Mostly clone code with some changes and excellent marketing (rapid reward decline, limited PoW phase, PoS only, catchy name etc.)
Miners: Mainstream interest - unless pure PoS. 99% of tose who mine loose. Those who mine and wait until slow pump gets on the good levels, make a good profit.
Investors: Mainstream interest. Constant attempts to shift the floor up until the investor/marketing potential is exhausted. Slower decline, crucial to buy early to profit but a good windows to sell.
Price: Slow Pump & Slow Dump.

How to win - mine/buy early, hold but carefully. Watch out for the twitter. Usually when "pumper" encourage to buy, that's the time to get out.
If you see the coin first time on a pumper twitter feed, it's usually too late for a decent profit, and could be very risky.

5) Real alternative coin - lacking marketing
Summary: Major change and interesting, new innovations. Lacking marketing.
Miners: Minor to major interest. Most of those who mine win. Selling too early is a safe way to profit - if the innovations are not enough (along with lacking marketing) to spark interest, however if successful can lead to expotential profits.
Investors: Mediocre interest. Minor pumps. Those who buy in very early are guaranteed good profit, again, if successful can lead to expotential profits.
Price: Steady with possible pump/attempts, but resisting to it

How to win - as (4) mine/buy early, hold but carefully.

6) Real alternative coin
Summary: Major change and interesting, new innovations. Good marketing and strong community
Miners: Major interest. All of those who mine win. Selling at any level gets profit, but holding can lead to expotential gains.
Investors: Major interest. No clear pump & dump, prices more stable than any other group. Buying at any level can lead to expotential profits.
Price: Steady with possible pump/attempts, but resisting to it

How to win - just find the right coin and get in.

Anyone please tell me how to setup masternode? Thank you!

Bit has been broken
Brothers, what better way to be able to save it all?
 

Hey there - that's the DRK paper wallet I made... You can import the private key by using the console or the command line as follows:


Or go to Help -> Debug Window -> Console and type in:


Just make sure you type it correctly, and then a few minutes later it will import. You need to wait enough time for it to import the key though - it will take a while and might look like it has crashed, but this is completely normal behaviour.

There are FUD accusations that dev holds 2mln premine.
You have to be very naive to believe that and easy to verify through the blockchain.

Biggest wallet (spread across several) was Cryptsy, holding ~490K. Several other ~100K belong to other exchanges (again, easy to check when you pay out from exchange).

If the dev had 2mln or even 1mln coins, don't you think he would have sold when the price was 0.002-0.0025 BTC locking 1-1.5mln and run?
In fact, dev was buying at times!
Beside - the dev is not anynomous - he put his name behind this coin and is committed to success.
He is very talented and proven it already through the code.
How does that compare to 99% of other altcoins?

Again - there was no premine. Everyone could have mined during the first 2 days - and a lot did, and make a nice tidy profit.
And those who bought off them did too. And so on.

You can sell whenever you want, but don't be fooled by fake stories - make your own mind.

P.S. I started with Darks in the mid Feb.

+1, it's becoming hard to keep up to date

still you didn't answer my question .... is there a dev here to reject these accusations? some people on other threads are asking for redistribution but i don't know how it can be done .... and if the dev agreed to redistribute these alleged 9% premine it's really a huge amount i must say and still if this is true as i am not good in lokking on the blockchain and searching for these kind of stuff
i just read on bitcointalk what people are saying and i must say i am bit confused with this story, so now i am thinking to sell 8k of them as soon as it gets from 1200(today)  to 1700.
i must say that it starts to smell a bit fishy imo but this is just my opinion. anyway who knows  perhaps this coin would be the next bitcoin in the futur! but with a 9%premine and changing from 80m to 22m coins, well i dunno if it's healthy for the futur sake of this coin

Difficulty is dropping. My miners are humming.  



http://www.youtube.com/watch?v=p-3e0EkvIEM

As it should.

Keep in mind, trusted lists would be empty by default. Anything in there you'll have added yourself.

Nice. But using the word trust would make people uneasy.

So I had a bit of a brainwave that might effectively solve the sybil masternode problem. There may be some obvious reason why this wouldn't work, but anyhow, here goes:

To reduce it to three words: personal masternode whitelists.

This is the implementation I'd suggest:

1. The wallet software allows you to create lists of known masternodes: a greenlist (strongly trusted) and a yellowlist (sorta trusted).
2. Darksend rules can be set up in the wallet, e.g. "send each darksend tx through 1 greenlisted masternode, 1 yellowlisted masternode, and 3 random masternodes."

If you're serious about anonymity, the greenlist would be the masternodes you run yourself, and the yellowlist could be friends, trusted members of this forum, etc.

Naturally your anonymity is only as good as your information and the security of your own masternodes. But effectively this should prevent an attacker from compromising the anonymity of a transaction even if they can spin up a massive number of sybil masternodes. You only need one of your trusted / semi-trusted nodes to be uncompromised, and your anonymity holds. So this solution solves the worst case of sybil masternodes, as long as your trusted list is good.

One potential problem: if everyone is specifying their own trusted nodes, it may be difficult to have your masternode's inputs filled. To mitigate this you could require a minimum percentage of masternodes in each DS transaction to be randomly chosen, e.g. 60%.

Here are some cliffs for you.
About 2mln got mined in the first 48h.
This was redistributed (sell) several times over. 
Early miners were selling for 0.00001, those who bought later, sold at 0.0001, now the price is 0.0012-0.0013.
All this lead to a fair distribution - no one is dumping now (no big/whale bagholders) and the price is stable for > 2 months at a respectable level.

Now if you are greedy, it is very easy to think:
"If I were at launch, I would have mined million and I would have waited until the price jumped to 0.002 and got rich quick.
I didn't so now I'll blame everyone as the world is unfair"

So it's very easy to get incorrect conclusions, especially if you can't think clearly.
The reality is, not one got rich quick, constant (40-60BTC/day on 1 exchange only) trading takes place - coins change hands and the best is still ahead.

I think moving to darkcointalk 100% is a good idea. Just not yet.

When you are well established business and people know who you are and they are prepared to drive out of the city to find you, then you can leave the city.

I do a bit of extra posting to keep this topic on the front page for a reason. Same reason ~75% of people that search google never look below the first half of the front page let alone click on the second page.

anyone here heard about the instamine of 2m darkcoin ? i didn't understand it well, if some of the dev of this coin could explain this stupid story
i am holding about 10k dark and i hope this story isn't true ....

Nice LOGO. .