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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6378. (Read 9724017 times)

full member
Activity: 322
Merit: 105
The young or cool look doesn't seem to bother anyone for other currencies (e.g. Doge).

Other currencies don't have the unique marketing challenge that we face -- that is, overcoming the stigma of being the "Dark" coin, and all the connotations that arise from this in the mind of readers.

I suspect the reason this issue isn't being taken as seriously as is warranted is because the effects aren't immediately or directly felt, and because the "dark" connotations don't bother us personally. If a clone with better branding overtakes us in market share, it will become clear in retrospect that a large proportion of the market was holding back from investing in darkcoin specifically because of our branding. Except by then it will be too late. If you read up on what people think about darkcoin outside of here, you'll see a lot higher frequency of the opinion that the name & branding will prevent us from ever gaining a significant market share. If people are thinking this way, then you can bet that it's influencing where they invest.

In that case, we should launch a clone and keep the development tied.

Its no different to VW using the same components for Skoda or Bentley. Sokda makes a profit because it attracts a value proposition, but its engineering is based on out of date VW designs. That way VW is premium, and Skoda can remain affordable.

Lead with Darkcoin, recycle new releases every 3 months later into something else.

The more I think about it, the more this idea makes sense. If Darkcoin will be a niche product because of branding, why not fill the other niche ourselves before others do, with a "light"-branded sister coin?

New publicity-friendly name, fair launch, focus on privacy. Let Darkcoin be the testbed and bring across any changes when it's stable. We're in a unique position to capture the subset of the market that are choosing not to invest in Darkcoin because of its branding, because we can implement darksend before it's open source (that is, if Evan gives the ok). I don't see that there's much to lose with this strategy. We can be sure that others will do exactly this once Darkcoin goes open source, so why not capture that market now, in a way that lets existing Darkcoin investors get in early and mitigate their risks?

If the sole hangup is branding, doing this would 100% destroy Darkcoin.  There is zero reason to hold DRK if there is a better branded, identical alternative (from the same dev, no less).

Even talking about this openly on this thread is dangerous.  More so given your semi-official affiliation with the dev team.
sr. member
Activity: 1204
Merit: 272
1xbit.com
The young or cool look doesn't seem to bother anyone for other currencies (e.g. Doge).

Other currencies don't have the unique marketing challenge that we face -- that is, overcoming the stigma of being the "Dark" coin, and all the connotations that arise from this in the mind of readers.

I suspect the reason this issue isn't being taken as seriously as is warranted is because the effects aren't immediately or directly felt, and because the "dark" connotations don't bother us personally. If a clone with better branding overtakes us in market share, it will become clear in retrospect that a large proportion of the market was holding back from investing in darkcoin specifically because of our branding. Except by then it will be too late. If you read up on what people think about darkcoin outside of here, you'll see a lot higher frequency of the opinion that the name & branding will prevent us from ever gaining a significant market share. If people are thinking this way, then you can bet that it's influencing where they invest.

In that case, we should launch a clone and keep the development tied.

Its no different to VW using the same components for Skoda or Bentley. Sokda makes a profit because it attracts a value proposition, but its engineering is based on out of date VW designs. That way VW is premium, and Skoda can remain affordable.

Lead with Darkcoin, recycle new releases every 3 months later into something else.

The more I think about it, the more this idea makes sense. If Darkcoin will be a niche product because of branding, why not fill the other niche ourselves before others do, with a "light"-branded sister coin?

New publicity-friendly name, fair launch, focus on privacy. Let Darkcoin be the testbed and bring across any changes when it's stable. We're in a unique position to capture the subset of the market that are choosing not to invest in Darkcoin because of its branding, because we can implement darksend before it's open source (that is, if Evan gives the ok). I don't see that there's much to lose with this strategy. We can be sure that others will do exactly this once Darkcoin goes open source, so why not capture that market now, in a way that lets existing Darkcoin investors get in early and mitigate their risks?
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000
Quote
Every miner is welcomed aboard! We just added 3 more dedicated servers to our cluster, now the pools are snappier. We also upgraded MPOS, fixed the shares issues regarding the x11 algorythm. Also, we have 16 stratums to serve our users. Join us to enjoy the benefits of our strong architecture and knowledge!
What shares issue?

Old news, pre-DGW I think.
legendary
Activity: 1456
Merit: 1000
Quote
Every miner is welcomed aboard! We just added 3 more dedicated servers to our cluster, now the pools are snappier. We also upgraded MPOS, fixed the shares issues regarding the x11 algorythm. Also, we have 16 stratums to serve our users. Join us to enjoy the benefits of our strong architecture and knowledge!
What shares issue?
full member
Activity: 280
Merit: 100
The Future Of Work
Is it already established how many coins are needed to start a DarkSend "mixer" node? Is it fixed on 1000 or was that only an example?

If I need 1000 then I guess I should start buying slowly before more people will start to get the same idea. Tongue

Just a random thought from your post.

There are plenty of people that want to benefit financially from running a master node, but either can't afford to, can't do the technical support for DDoS or can't afford to input the time.

Is there a way to create a service for running master nodes where people with DRK can work with people that got the know-how for an agreed profit split?  Handing over 1,000 DRK takes a lot of trust and I don't think anyone would do that except in very rare situations. But a solution might bring in lots of people that would otherwise be sat on the sidelines not securing the network.

Someone was talking about p2pool and wallets being kept separate?

Well, Evan has plans for this, for securing it at least to some degree, but yes, I could see a P2pool type of setup for people who want more of a service to watch over it.  but then we'd be working off a single ip address... not sure how the nodes would be picked up by the system?
full member
Activity: 280
Merit: 100
The Future Of Work
Is it already established how many coins are needed to start a DarkSend "mixer" node? Is it fixed on 1000 or was that only an example?

If I need 1000 then I guess I should start buying slowly before more people will start to get the same idea. Tongue

I've stopped now, but I gotta tell ya, I'm the worst at buying and selling.  last buy was Friday, and the price went way up, and of course, that's when I bought....and bitcoin, when I bought the bitcoin, it was around 480, and it dropped down below 420 soon after that as well.  Now dark is low again, LOL.

I figure it doesn't matter that much in the end, and it's a good thing to know I have no talent for telling when to buy and when to sell, so I'm a long term investor.  Hopefully I can see quality (I think I can).

Anyway, I'm bullish on buying darkcoin.  I've used up all the cash I can find (far more than I should have)  If I could dredge another 10 bucks, I'd put it into dark again.  It's been good that the price remains low.  if anyone wants to invest in dark, they really can.  If I can, anyone can!
legendary
Activity: 924
Merit: 1000
Bitfarms.io
SuchPool's DarkCoin Pool!



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full member
Activity: 280
Merit: 100
The Future Of Work
The network hash is nuts.

Has someone put out a profit calculator that can't add up, or are they pricing each coin at $200 like me?  Grin

Only $200? All my calculations are based on $1500.  Grin


I'm also mining bitcoin, which frankly, must have a terrible return, especially when you don't have but a 2 gigahash antminer, lol

So why do people mine when it's not profitable?  Or is it profitable?  I have no clue, but I'm mining dark fer sure! LOL
legendary
Activity: 1456
Merit: 1000
Is it already established how many coins are needed to start a DarkSend "mixer" node? Is it fixed on 1000 or was that only an example?

If I need 1000 then I guess I should start buying slowly before more people will start to get the same idea. Tongue

Just a random thought from your post.

There are plenty of people that want to benefit financially from running a master node, but either can't afford to, can't do the technical support for DDoS or can't afford to input the time.

Is there a way to create a service for running master nodes where people with DRK can work with people that got the know-how for an agreed profit split?  Handing over 1,000 DRK takes a lot of trust and I don't think anyone would do that except in very rare situations. But a solution might bring in lots of people that would otherwise be sat on the sidelines not securing the network.

Someone was talking about p2pool and wallets being kept separate?
sr. member
Activity: 447
Merit: 250
Interest should be drummed up once the logo is decided on, then turned up a notch leading into each of the key stages listed above. I think once it's open source plenty of people will jump on board but if it's enough publicity beforehand, there will be a lot of people wanting to get in before it actually becomes open (hopefully not too many specualtors).

We must leave some margin for errors and hiccups. Anonymity is a huge task and it's unlikely everything will go without unforeseen problems. If you have attracted the spotlight while going live and you have problems after official launch / post-beta (a likely scenario), it can instantly turn around and people say "oh its broken" even if some things just need a bit of fine tuning. Bitcoin is 5 y.old code and is still patched quite a lot (0.90 changelog quite extensive), so, naturally, a few months old code that is not reviewed will require patching, hardening, etc.

Now this margin can be achieved in two ways: Not attracting too much attention OR attracting attention with a footnote that it's still in active development or something.
Of course margin for error is a good idea. I think with a footnote is the best option so each key moment can be used as a marketing opportunity. It probably is a good idea not to make too big a deal of it at each and every stage listed above - people may begin to think it will never be open sourced - but enough to keep it on people's radar and hopefully attract some early investors who know a good thing when they see it. As long as people know it's a work in progress they shouldn't get scared off at slight hiccups.
legendary
Activity: 1358
Merit: 1002
hero member
Activity: 588
Merit: 500
Is it already established how many coins are needed to start a DarkSend "mixer" node? Is it fixed on 1000 or was that only an example?

If I need 1000 then I guess I should start buying slowly before more people will start to get the same idea. Tongue
legendary
Activity: 1456
Merit: 1000
The network hash is nuts.

Has someone put out a profit calculator that can't add up, or are they pricing each coin at $200 like me?  Grin

Only $200? All my calculations are based on $1500.  Grin

I like your calculator better. Mine can look like $2,000 after some beer with a vodka or JD chaser.
full member
Activity: 280
Merit: 100
The Future Of Work
By the way, I re-downloaded the Windows QT wallet and it finally synced.
Now it's 9.1.2 instead of 10.0.0 and misses the DarkSend option. Undecided (One step forward, one step back.)

More testing on Monday, so it's moving forwards, soon!
full member
Activity: 133
Merit: 100
The network hash is nuts.

Has someone put out a profit calculator that can't add up, or are they pricing each coin at $200 like me?  Grin

Only $200? All my calculations are based on $1500.  Grin
legendary
Activity: 1456
Merit: 1000
The network hash is nuts.

Has someone put out a profit calculator that can't add up, or are they pricing each coin at $200 like me?  Grin
full member
Activity: 280
Merit: 100
The Future Of Work
Just state that Darkcoin will keep Darksend as closed source until it reaches 100$ and has a mean over 100$ for 1-2 months.

Crypto people will not seriously use it unless it is open source.  Until it is finished and open sourced, it's not taken seriously.
hero member
Activity: 588
Merit: 500
By the way, I re-downloaded the Windows QT wallet and it finally synced.
Now it's 9.1.2 instead of 10.0.0 and misses the DarkSend option. Undecided (One step forward, one step back.)
legendary
Activity: 1008
Merit: 1000
Shirt order update:



Guys in the US, expect your shirts this week. Heads up for those who don't check mail regularly.

I still have a spare XL and a 2XL available.

Woah! Can i buy a large and medium one plz! Of the tshirt with the chosen new logo Smiley
legendary
Activity: 1708
Merit: 1049
Interest should be drummed up once the logo is decided on, then turned up a notch leading into each of the key stages listed above. I think once it's open source plenty of people will jump on board but if it's enough publicity beforehand, there will be a lot of people wanting to get in before it actually becomes open (hopefully not too many specualtors).

We must leave some margin for errors and hiccups. Anonymity is a huge task and it's unlikely everything will go without unforeseen problems. If you have attracted the spotlight while going live and you have problems after official launch / post-beta (a likely scenario), it can instantly turn around and people say "oh its broken" even if some things just need a bit of fine tuning. Bitcoin is 5 y.old code and is still patched quite a lot (0.90 changelog quite extensive), so, naturally, a few months old code that is not reviewed will require patching, hardening, etc.

Now this margin can be achieved in two ways: Not attracting too much attention OR attracting attention with a footnote that it's still in active development or something.
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