Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6359. (Read 9724017 times)

Oh no, he was talking about people who think we should spread the wealth by doing an "airdrop" of 2 million more coins into the system, giving it out to people who have posted here.  This isn't going to happen, no worries

I thought it odd that an airdrop was even briefly considered. It would kill the price of the coin and really not rectify the original issue. New people would take their free coin, then dump... and kill the price, like you said.

I did mention one idea in cryptohunter's moderated thread (unless he deleted it, like most of my other posts) --

The only way I could see something like a mini-airdrop working is if a small amount of coin was given out to early miners/adopters, sort of like a token to partially rectify the early instamine thing. I have no idea how early miners/adopters would even be identified (blockchain/mining address)? But pretend if it could be confirmed, it would get around a couple of problems of a big airdrop, mainly new people gobbling up coins to dump and killing the price of the coin. Those receiving it would be much less likely to dump, were about mining or buying coin early on, so logically they'd be more likely to hold. People would probably still complain, but it's the only way I can see anything like that working.

Except nobody realized what was happening until over a day later.  By then, Evan thought he fixed it, but still had no idea what the damage was until a block explorer was made.  By then, Evan had people who had invested a lot of time into the coin, he would have lost all the interest from those people, and they wouldn't have come back were he to re-launch.

LOL, I've gotten myself up to 2000 coins and felt so good, like I had all the coins in the world!  Now I feel so puny, LOL


Another LOL

The only real security issue I can think of is that somebody uses the same password as he uses *everywhere* or doesn't even encrypt the wallet.dat and somebody steals it.
Otherwise, you might get a DDoS attack, but that's just painful, not permanently harmful.

OMG I'm literally ROFLMAO!  I was controlling myself from saying many things (off colored humor again) and then  looked below, and what did I see? ROFLMAO!  You all know me too well already, I must truly learn to control myself better!

I'll bet someone will come up with a basic guide and I know the developers are going to try to build safety  into this, but do be sure, especially with that much invested, that you cover all security issues possible.  Just saying

I completely agree.

Ah yes.  But you are very young and I don't think you comprehend what that would do to the coin.  Please consider this:

1.  many people have paid a lot of money for coin, with the statistics laid out before them.  They knew of the history of the coin, yet they decided to buy anyway.  So they took into consideration the history of the coin and the future total number of coins that will be mined.   You want them to accept a short term increase of 33% of the total number of coins mined this year, decreasing the value a minimum of 30%, but likely to crash the market and kill the coin.  Look at what the "airdrop" for Auroracoin did.  People collected the coins and cashed them out right away, not caring that the price was crashing, they were getting something for nothing.  It is human nature, and I'm sorry, but at 17 you will still be idealistic, blindly so if you don't see this coming.

2.  Doing this would remove all trust in this coin.  People would feel the developer is untrustworthy, changing the game at the drop of a hat.  I argued against changing the number of coins to be mined, not just because I thought a larger number of coins was good for the usefulness of the coin, but because I didn't want things mucked with.  I think stability is important.   But since it actually  increased the future value of the coin due to making it more scarce, it was overwhelmingly supported.  But remember, people will always vote themselves more money, it's human nature.  It's why a democracy can never work and why the United States is a Republic.  Until they understand the consequences.  Unfortunately, the masses have other things on their minds than to dig in deep enough to make a wise decision.  That's why we're always in financial trouble

I'm very glad you've become interested in cryptocurrency.  In a few years, you will have a good understanding of economics if you keep up with it.

A DarkSend masternode (FAQ?) question:

Can I just copy over an existing wallet.dat (containing the private key for an address which holds 1000 coins) and start the beta client or do every steps listed in the instructions should be strictly followed?

I prefer to create and encrypt the wallet.dat files in an offline Ubuntu Live environment and thus never expose the unencrypted wallet.dat to an online machine.

Litecoin developer, Mr Lee, asks if DogeCoin and Litecoin can be merged mined to reduce the impact of ASICs.

http://www.reddit.com/r/dogecoin/comments/22dzwq/censorship_on_rdogecoin_mods_why_do_you_keep/cgm2ytt

What a great way to kill Litecoin. Expect even more miners to DRK.

I'm behind and don't know if you've gotten help, but here is a hardware chart:
https://docs.zoho.com/sheet/published.do?rid=12cbm2fe8ce55abb2476daa0f8c576b442d40&mode=html

And you need to use the version of sgminer set up for X-11 algorithm.  It's on the first post of this thread.

Not even Alpha..

Just remember, newbies already find wallets confusing. They are simple and easy to navigate if you use them regularly.

This is a very good idea in terms of UI/UX.

Very much agree.

changing skin properties based on a checkbox setting is a bad idea. That is uncommon and unpredictable UI that doesnt achieve anything. The goal here is to make DarkSend more prominent and to make it seem like a unique feature, without having to interact with any control.

Dark Wallet getting ready to for live testing.

http://www.reddit.com/r/Bitcoin/comments/227lne/darkwallet_update/

Interesting Q&A:

Q. Will it be possible to connect the wallet to other cryptocurrencies? Litecoin, Peercoin, Primecoin, etc.

A. caedesv

The first version is going to be bitcoin only (well and testnet coin but maybe not at the same time). This way we avoid some complexity and also can deliver on the initial promises.

For next stage we're totally considering make it multi-currency (and other goals). Should be easy and at least with some coins looks like we can even use the same bip32 tree, one key, many currencies.

Check !!
https://bitcointalksearch.org/topic/m.6109003

I don't like redundancy. What about this? -> The QT client immediately switches to a darker GUI skin (basically a dark gray [current coin logo color] bakcground) whenever DarkSend is checked. (And may be the checkbox gets a little bit more notabale on the Send tab.)

I have setup a Masternode.
- Ubuntu 64bit
- wallet encrypted
- with p2pool