[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6355.

anonuser777

full member

Activity: 140

Merit: 100

Quote from: slyA on April 08, 2014, 05:38:26 AM

Quote from: sammy007 on April 08, 2014, 05:35:07 AM

Quote from: daGrumpf on April 08, 2014, 03:51:53 AM

why it's the best coin ?

Probably because he instamined it or bought too much.

I love how mining at the beginning of the launch is now synonymous with instamining. Lots of sore miners showing up in here.

It's synonymous with instamining because there is no other way to describe 50% of currently available coins being released in 24hrs. After block 4500 the reward dropped from 500 to 56, and the difficulty retarget was changed from 24hrs to 1hr. It's one the most terrible launches I've ever seen. I wish it had been done right in the start. It just looks bad, and the bad press will unfortunately open the door up for numerous "fairdark" clones.

I'm not a "sore miner' as I was mining xcoin a few days after launch, although I didn't know about the instamine at the time. You could also argue that I benefited from buying at low prices, which I did, but it doesn't mean I don't care about the blatant instamine. Something like that will haunt a coin. People hate quark because of its "unfair" distribution.

slyA

full member

Activity: 126

Merit: 100

Quote from: Scriptiee on April 08, 2014, 08:11:47 AM

Quote from: slyA on April 08, 2014, 07:37:02 AM

gotta love how slyA just pops out of nowhere, reminds me of these guys:

Lol, nobody expects the Spanish inquisition.

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: sdersdf2 on April 08, 2014, 08:52:49 AM

Is Darkcoin resistant to the Blackcoin "Black Hole" multipool described here:
http://www.reddit.com/r/vertcoin/comments/225lil/will_this_strategy_affect_vert_negatively/

Haven't been up on all the mining/technical discussions, so this might have already been covered.

Multipools currenlty mine scrypt and SHA-256 coins. DRK is x11, so it's not affected by that at the moment.

I don't really mind multipools. It that kills a coin, the coin had a vounerability that would eventually stop it. We'll see what survives... place your bets gentlemen.

AlexGR

legendary

Activity: 1708

Merit: 1049

I doubt the blackcoin multipool can have any serious effect on the market of any altcoin. DRK is actually using x11 so it's off the multipool list for people shifting between a wide selection of scrypt coins.

I mean the concept is "I can't mine blackcoin, so I mine something else, sell it and then buy blackcoins".

Why not go for an established and more efficient multipool and buy blackcoins with the BTCs if you are a blackcoin believer? You'll probably get more blackcoins (or any altcoins for that matter). Just to save a few clicks by transfering the btcs to the exchange and then the blackcoins from the exchange to your wallet?

If alt-cryptoland was more oriented towards the people who have no idea how to mine or use exchanges etc etc, then it might have some benefit for them, otherwise I don't see it.

ymer

sr. member

Activity: 308

Merit: 250

Quote from: sdersdf2 on April 08, 2014, 08:52:49 AM

Is Darkcoin resistant to the Blackcoin "Black Hole" multipool described here:
http://www.reddit.com/r/vertcoin/comments/225lil/will_this_strategy_affect_vert_negatively/

Haven't been up on all the mining/technical discussions, so this might have already been covered.

LOL that strategy is not very good for whoever is putting their hashrate to pump BC, only idiots would be worried about that.

sdersdf2

full member

Activity: 224

Merit: 100

Is Darkcoin resistant to the Blackcoin "Black Hole" multipool described here:
http://www.reddit.com/r/vertcoin/comments/225lil/will_this_strategy_affect_vert_negatively/

Haven't been up on all the mining/technical discussions, so this might have already been covered.

x0rcist

full member

Activity: 238

Merit: 100

Quote from: slyA on April 08, 2014, 07:37:02 AM

You're the second person that has come in here in under 24 hours to advertise byte coin. Don't be ridiculous. If you want to hock your wares then come out right and say it. Stop trying to be doing this on the sly..O_O.

Hell, Anonymint tried it the first time and learned from that mistake. He at least has proven to be an informative if not crucial part of the discussion on DARKSEND. So please, if you want to advertise a coin you're invested in, don't treat people like idiots.

Great, so thats a good thing i'm not the only one seeing a brighter future in this cryptonote technology. Dont get me wrong on Darkcoin, i was cloud mining this when it was still xcoin and i didn't sell much of it. In other words i'm a day #1 supporter of this coin but the whole debacle thats going on in here about coin distribution, centralising the coin with master nodes and hospitality about what is good or wrong makes the future of this coin not a bright one for investors.

Scriptiee

sr. member

Activity: 249

Merit: 250

Quote from: slyA on April 08, 2014, 07:37:02 AM

gotta love how slyA just pops out of nowhere, reminds me of these guys:

slyA

full member

Activity: 126

Merit: 100

Quote from: x0rcist on April 08, 2014, 07:16:42 AM

Quote from: coins101 on April 08, 2014, 07:08:20 AM

Are 80% of the coins mined and in circulation, with a small group no doubt?

https://bitcointalksearch.org/topic/m.6124035

If so, good luck with that and the spam thing you got going on.

Spam thing? Care to clarify this for me?

Im talking about the technique, its open source and can be adopted for new coins. Im not talking about the coin distribution of bytecoin you greedy padawan. We even dont know what community is behind this coin, it was 2 years burried in the deepweb. Also looking at the transactions going on its possible that a full shadow economy is already running on it. But we dont know for sure as its 100% ANONYMOUS.

Or do you want transparency and a open ledger? Then better stick with Bitcoin and their clones.

You're the second person that has come in here in under 24 hours to advertise byte coin. Don't be ridiculous. If you want to hock your wares then come out right and say it. Stop trying to be doing this on the sly..O_O.

Hell, Anonymint tried it the first time and learned from that mistake. He at least has proven to be an informative if not crucial part of the discussion on DARKSEND. So please, if you want to advertise a coin you're invested in, don't treat people like idiots.

x0rcist

full member

Activity: 238

Merit: 100

Quote from: coins101 on April 08, 2014, 07:08:20 AM

Are 80% of the coins mined and in circulation, with a small group no doubt?

https://bitcointalksearch.org/topic/m.6124035

If so, good luck with that and the spam thing you got going on.

Spam thing? Care to clarify this for me?

Im talking about the technique, its open source and can be adopted for new coins. Im not talking about the coin distribution of bytecoin you greedy padawan. We even dont know what community is behind this coin, it was 2 years burried in the deepweb. Also looking at the transactions going on its possible that a full shadow economy is already running on it. But we dont know for sure as its 100% ANONYMOUS.

Or do you want transparency and a open ledger? Then better stick with Bitcoin and their clones.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: x0rcist on April 08, 2014, 06:00:41 AM

Been away for some time from this topic and what i see these masternodes willbe the biggest flaw of darkcoin. This makes the whole coin sort of centralized again and more exposed to attacks. Why? Because i honestly think the masternodes willbe under a ddos attack sooner or later which makes the whole network unstable. I dont think more then 10% of the people running these nodes have a proper network and security background, i expect it even less (maybe < 5% who have the skills and/or resources to protect themself for a ddos).

Also i stumbled on a coin that has all the future's we want so eagerly, its called bytecoin based on cryptonote (which is a new technique that makes the blockchain 100% anonymous without bloating or using masternodes). The best thing is that its already opensource and was in development for the last 4 years (with a coin that is almost 2 years old atm).

You can read more about this here, here and here, also there is a whitepaper which explains these anonymous ring signatures.

Are 80% of the coins mined and in circulation, with a small group no doubt?

https://bitcointalksearch.org/topic/bcn-bytecoin-secure-private-untraceable-since-2012-512747.msg6124035#msg6124035

If so, good luck with that and the spam thing you got going on.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Quote from: coinzcoinzcoinz on April 08, 2014, 06:07:08 AM

Let's stop whining about first day. It happened, move on. Let's look at the future of this coin, which is bright.

This coin is the total opposite to it's name. Wink

coinzcoinzcoinz

hero member

Activity: 530

Merit: 500

Let's stop whining about first day. It happened, move on. Let's look at the future of this coin, which is bright.

x0rcist

full member

Activity: 238

Merit: 100

Been away for some time from this topic and what i see these masternodes willbe the biggest flaw of darkcoin. This makes the whole coin sort of centralized again and more exposed to attacks. Why? Because i honestly think the masternodes willbe under a ddos attack sooner or later which makes the whole network unstable. I dont think more then 10% of the people running these nodes have a proper network and security background, i expect it even less (maybe < 5% who have the skills and/or resources to protect themself for a ddos).

Also i stumbled on a coin that has all the future's we want so eagerly, its called bytecoin based on cryptonote (which is a new technique that makes the blockchain 100% anonymous without bloating or using masternodes). The best thing is that its already opensource and was in development for the last 4 years (with a coin that is almost 2 years old atm).

You can read more about this here, here and here, also there is a whitepaper which explains these anonymous ring signatures.

sippsnapp

sr. member

Activity: 322

Merit: 250

Quote from: Acidyo on April 08, 2014, 05:45:27 AM

Quote from: slyA on April 08, 2014, 05:38:26 AM

Quote from: sammy007 on April 08, 2014, 05:35:07 AM

Quote from: daGrumpf on April 08, 2014, 03:51:53 AM

why it's the best coin ?

Probably because he instamined it or bought too much.

I love how mining at the beginning of the launch is now synonymous with instamining. Lots of sore miners showing up in here.

Indeed, I mean sure I'm dissappointed that I didn't know about btc when it came out and missed that train. Now for every successful coin that comes out and people miss that train they decide it is an instamine coin.

Come on people.

Well, admittingly thats one thing where people are probably right to be annoyed. distribution of coins, including bitcoin and darkcoin could have been made way more fair by evening out the overproportional gains of the early blocks. Its really hard to ignore this pyramid scheme.

nzminer

legendary

Activity: 1918

Merit: 1001

Well i wish i knew about this coin too! I was too busy mining other coins, but it seems people were complaining about it because the developers dropped the number of coins down to 22 million, making the difficulty higher, i also think there was a bug in the code that was giving a high block reward for the first few blocks before they patched it.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Quote from: slyA on April 08, 2014, 05:38:26 AM

Quote from: sammy007 on April 08, 2014, 05:35:07 AM

Quote from: daGrumpf on April 08, 2014, 03:51:53 AM

why it's the best coin ?

Probably because he instamined it or bought too much.

I love how mining at the beginning of the launch is now synonymous with instamining. Lots of sore miners showing up in here.

Indeed, I mean sure I'm dissappointed that I didn't know about btc when it came out and missed that train. Now for every successful coin that comes out and people miss that train they decide it is an instamine coin.

Come on people.

AlexGR

legendary

Activity: 1708

Merit: 1049

If a coin succeeds => the coin is criticized.

If a coin dies => nobody is around to even care about criticizing.

slyA

full member

Activity: 126

Merit: 100

Quote from: sammy007 on April 08, 2014, 05:35:07 AM

Quote from: daGrumpf on April 08, 2014, 03:51:53 AM

why it's the best coin ?

Probably because he instamined it or bought too much.

I love how mining at the beginning of the launch is now synonymous with instamining. Lots of sore miners showing up in here.

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: daGrumpf on April 08, 2014, 03:51:53 AM

why it's the best coin ?

Probably because he instamined it or bought too much.

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