[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6394.

n00bnoxious

sr. member

Activity: 280

Merit: 250

Bitnation Development Team Member

Quote from: AlexGR on April 04, 2014, 03:47:20 AM

Btw, I laugh when I see gpu miners talk about their "concerns" on decentralization. We all know that miners go to large pools irregardless of the hashpower concentration as they don't care that much. In order to avoid variance, they can go to pools with 20-30-50% of the hashpower and then complain that ASICs will be bad for centralization and bad for the network.

Well put. We have a coin that is short-medium term ASIC resistant, and we've had 2 pools that have had almost or over 50% of the network hash rate for almost the entire recent life of the coin. It's comically ironic to me that people who are stating so strongly that they hate ASICs are flocking to the pools with the highest hash rates... They don't hate ASICs, they're just greedy.

naxin

full member

Activity: 170

Merit: 100

I have something interesting going on with my client. At block 44901 and beyond, it is not reporting blocks correctly. I have the latest version and am not having any errors reported.

For all blocks > 44901, this is the output I am getting:

Code:

./darkcoind getblockhash 44991
0000000000222ad9204e39b43b03e6632387181abc046f0cb099f515d7f180d5

./darkcoind getblock 0000000000222ad9204e39b43b03e6632387181abc046f0cb099f515d7f180d5
{
   "hash" : "da768f6acddd76919edcb24c088241746067608ba9fa0733cd9314416b00f30a",
   "confirmations" : 0,
   "size" : 10712,
   "height" : 44991,
   "version" : 578421237,
   "merkleroot" : "d1da383368825e10a732f1173a010000000100000000ac88b675d0b916caa15f",
   "tx" : [
   "a4705dc842be216dbf88ba7511591015fbaee286f4d4085599edc790e5ec12ea",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
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   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43",
   "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43"
   ],
   "time" : 3766180705,
   "nonce" : 2340929063,
   "bits" : "64379834",
   "difficulty" : 526.57353887,
   "previousblockhash" : "00000000007df1c07dd8b2db03e2f559e4324c7051a5f6f6d42783604d248376",
   "nextblockhash" : "00000000000f6a99c40fcb02e074ee3f5ea65e9d8a87a1480eecbe0b2ed7d927"
}

All of the blocks have a different amount of "d21633ba23f70118185227be58a63527675641ad37967e2aa461559f577aec43" copies.

Any ideas? Thanks!

EDIT: Reindexing with ./darkcoind -reindex solved my problems! If anyone sees this and has the same problem, try reindexing.

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

I should also raise the point that it's still an open question about how "dark" the logo should feel. There are a few approaches here:

- Embrace a consistent "dark" visual branding to coincide with the name
- Choose a neutral visual branding that leaves the interpretation of "Darkcoin" open in the viewer's mind
- Convey a specific message with the branding that turns the viewer's mind to a specific idea (e.g. privacy)

There are pros & cons to each of these. Some might argue that "dark" is a good schtick and will generate publicity. Others might argue that dark branding will cement an association with illegal activity in the viewer's mind.

With branding, it's less about picking what looks cool, and more about thinking through the ramifications, particularly in terms of how newbies will interpret our image / purpose / motivations.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

nzminer

legendary

Activity: 1918

Merit: 1001

instead of Dark Send, something like "Invisible Pay" or something along the lines that suggests invisibility or anonymity of a transaction is whats needed.

AlexGR

legendary

Activity: 1708

Merit: 1049

Spotted a nice, classy gold/black logo: https://i.imgur.com/nLGuUAV.jpg

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

Quote from: coins101 on April 04, 2014, 03:24:31 AM

Could I make a request.

This thread is, by and large, tech focused. The voting is going to be done by those who see things from a particular bias. These branding decisions are going to have a longer-term impact on a wide group of people.

I would question whether the branding decision making process shouldn't be extended beyond to gain the perspective of potential target users. That would necessity a view on who would be the potential target users.

I am not an expert in branding. But I have had to employ branding experts to launch a financial product for a supermarket environment. I can't tell you how conservative established brands can be and how every potential threat to image is considered in absolute detail. What ends up happening is a process that lasts ages and can involve focus groups of potential users.

I am concerned about DarkSend.

Darkcoin is fine. You can have whatever branding you like for that. DarkSend is the e-cash that you would want to compete for the right to be the cash for the internet. That means mass consumer adoption and integrating with brands, hopefully. How would a DarkSend logo work with Amazon or WalMart.com?

I would almost question the use of DarkSend as a name. DarkSend does the job, but what are the first impressions it gives? iCash would be a choice by Apple.

Zerocash is a stupid consumer name. It makes you think of not having any money.

Can we try and think of this from the point of view of who we think the end users are going to be?

As much as I agree with you, the only solution I see to the issues you raise is to hire a branding & marketing agency. Which would cost some serious $$.

Branding that tests well with the cryptocurrency community won't necessarily test well with non-techy people and new market entrants, and vice-versa. Really, it's the latter that our branding should be targeted at. The people here are already sold on Darkcoin, so why should our branding be tailored to our aesthetics?

The ideal way to go about this would be to have branding experts arrange focus groups for people who know nothing about Darkcoin or cryptocurrencies in general. The way we're currently approaching it is a compromise.

What I will suggest to everyone who will vote in the logo selection: please consider that the logo is not for us -- it's for people who know absolutely nothing about Darkcoin and are encountering it for the first time.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: illodin on April 04, 2014, 03:22:24 AM

That's a beauty: https://i.imgur.com/fIhcGBN.jpg

thats a really good one!

nzminer

legendary

Activity: 1918

Merit: 1001

Quote from: AlexGR on April 04, 2014, 03:47:20 AM

Quote from: coins101 on April 03, 2014, 06:15:35 PM

Any views on Charlie Lee, founder of Litecoin, on X11 being less secure than scrypt?

His comment:
https://litecointalk.org/index.php?topic=18166.msg153436#msg153436

The back story to the comment:

https://litecointalk.org/index.php?topic=18166.msg152706#msg152706

Quote

X11 is Far Worse
X11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage. It is a mere mishmash of 11 separate algorithms that are now GPU mineable (according to Darkcoin’s homepage). Anything GPU mineable can be implemented in custom hardware. To make matters worse, ASIC’s could even have a major speedup advantage over GPU’s. adam3mus said, “it does seem likely that eg if the unused space due to heat can be filled with the other hashes, then it can all be pipelined together and no slowdown. the only cost is replicating different hash functions which doesnt seem particularly hard”

So a switch to X11 only delays the inevitable. Switching the hash to X11 would only spite the current manufacturers while ultimately failing in the goal of preventing ASIC’s later. It gets even worse. If the cost of entry for a particular PoW is very high by design, that increases the chance of fewer competing manufacturers entering a market. This is the worst possible outcome for any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security.

The quoted adam3mus is a brain on legs. He knows far too much about hashing, I think he invented hashcash wash was used to make bitcoin feasible. He does, however, suffer from alt-coin phobia.

Litecoin/Vertcoin (Scrypt and Scrypt-N) have made two choices that will boomerang in the long-term.

1) Declaring asic immunity (which is false - one only needs to see vertcoin's title that says "no more asics") and using it as a selling point. Litecoin discovered their claim was bogus when it was GPU mineable. They are true when they say that if a hash can be GPU-mined, it can be ASICed. Same is true for scrypt, scryptN, x11 etc.

2) Using much RAM as a cost-deterrent. This will only make ASICs much more expensive than normal ASICs and if it works as they say it will, then it will have the unintended consequence that scrypt and particularly scrypt-N ASICs will be out of reach for most people => worse decentralization in terms of hashing power.

Theoretically x11 hashes are easier to implement on ASIC (as single hashes - as a chained hash we'll see how it goes). But x11 asics will eventually be cheaper for the masses (better asic decentralization) as they do not carry the ram cost that will make scryptN asics much more expensive.

In any case, when a new mining equipment comes out that is orders of magnitude faster, it should be available to everyone for fairness reasons. Coins that will try to remain at the GPU-only phase will always have the threat of ASIC on the horizon on what would happen if an ASIC came along. It will be a dejavu situation with early February over here and cpu mining vs fears of gpu miners being available in the wild. And if a coin like Vert states it will change PoW when ASICs are out, then they've opened their cards and ASIC manufacturers will outplay them: They'll make the ASICs and use it to mine scryptN networks while these networks are oblivious to ASICs existence. I did an estimation that if a manufacturer makes a few ASICs that capture 30% of an enlarged scryptN market in the next year that produces something like 1000 BTC per day in altcoins, then it's 300 BTC per day in profit / 9000 BTC per month. Even if BTC is at 500$ it'll be 4.5mn USD per month - and this power will masquarade as GPU power. If BTC is at 1000, we are talking about 9mn per month.

Btw, I laugh when I see gpu miners talk about their "concerns" on decentralization. We all know that miners go to large pools irregardless of the hashpower concentration as they don't care that much. In order to avoid variance, they can go to pools with 20-30-50% of the hashpower and then complain that ASICs will be bad for centralization and bad for the network.

I dont think that X11 will be easy to make work on ASICs at all, not impossible, but extremely expensive to develop, think about it, you have 11 different algorithms that need to be processed, an ASIC is designed for one application, hence the name "application specific" in this case we have had SHA-256 and now Scrypt ASICs coming onto the market, the big difference is that with X11 ASIC's is that they probably will have to develop 11 different ASIC chips for each algorithm in the unit or integrate all of them into one chip, this will make the development costs far higher.
Scrypt-n is a joke, the hashrate is halved from that of scrypt, which is bad enough for mining vertcoin, look how hard it is to mine the things, i can get just under 2 vertcoins a day at 1500 KH.
I would like to see a coin that had the ability to change to random hashing algorithms including newly developed ones so that they could always stay on top of the ASIC game.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: TanteStefana on April 03, 2014, 11:35:50 PM

Just want to say one more time, in case I missed saying it, I'm super sad lotterymining pool is closing. Cry

I've enjoyed being there, I even won a lottery. If any pool were going to be here forever, I honestly thought lotterymining would have been it. I'll be mining there until April 22, then I may retire my computers from mining and start gaming again Cheesy

I hope you, CHAOSiTEC and your wife will soon be able to buy that house, and that you fill it with little ones

And I especially hope you'll still come talk to us here. I'm glad the dice game and wheel of fortune, etc... are still going to be run by you, that means you're still invested in us Cheesy

Thanks for all you've done for us, you really were responsible for a lot of the good vibes we have here in this thread!

Oh BTW, Evan must have updated the beta 5 wallet, because it did finally sync Cheesy

Ill still be around Tanta, and i have some projects coming up, just wait and see :-)

coins101

legendary

Activity: 1456

Merit: 1000

In that case, why doest the community start working on ASICs and sell them at cost, plus a bit of profit for project development work like smartphone wallets?

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: coins101 on April 03, 2014, 06:15:35 PM

Any views on Charlie Lee, founder of Litecoin, on X11 being less secure than scrypt?

His comment:
https://litecointalk.org/index.php?topic=18166.msg153436#msg153436

The back story to the comment:

https://litecointalk.org/index.php?topic=18166.msg152706#msg152706

Quote

X11 is Far Worse
X11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage. It is a mere mishmash of 11 separate algorithms that are now GPU mineable (according to Darkcoin’s homepage). Anything GPU mineable can be implemented in custom hardware. To make matters worse, ASIC’s could even have a major speedup advantage over GPU’s. adam3mus said, “it does seem likely that eg if the unused space due to heat can be filled with the other hashes, then it can all be pipelined together and no slowdown. the only cost is replicating different hash functions which doesnt seem particularly hard”

So a switch to X11 only delays the inevitable. Switching the hash to X11 would only spite the current manufacturers while ultimately failing in the goal of preventing ASIC’s later. It gets even worse. If the cost of entry for a particular PoW is very high by design, that increases the chance of fewer competing manufacturers entering a market. This is the worst possible outcome for any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security.

The quoted adam3mus is a brain on legs. He knows far too much about hashing, I think he invented hashcash wash was used to make bitcoin feasible. He does, however, suffer from alt-coin phobia.

Litecoin/Vertcoin (Scrypt and Scrypt-N) have made two choices that will boomerang in the long-term.

1) Declaring asic immunity (which is false - one only needs to see vertcoin's title that says "no more asics") and using it as a selling point. Litecoin discovered their claim was bogus when it was GPU mineable. They are true when they say that if a hash can be GPU-mined, it can be ASICed. Same is true for scrypt, scryptN, x11 etc.

2) Using much RAM as a cost-deterrent. This will only make ASICs much more expensive than normal ASICs and if it works as they say it will, then it will have the unintended consequence that scrypt and particularly scrypt-N ASICs will be out of reach for most people => worse decentralization in terms of hashing power.

Theoretically x11 hashes are easier to implement on ASIC (as single hashes - as a chained hash we'll see how it goes). But x11 asics will eventually be cheaper for the masses (better asic decentralization) as they do not carry the ram cost that will make scryptN asics much more expensive.

In any case, when a new mining equipment comes out that is orders of magnitude faster, it should be available to everyone for fairness reasons. Coins that will try to remain at the GPU-only phase will always have the threat of ASIC on the horizon on what would happen if an ASIC came along. It will be a dejavu situation with early February over here and cpu mining vs fears of gpu miners being available in the wild. And if a coin like Vert states it will change PoW when ASICs are out, then they've opened their cards and ASIC manufacturers will outplay them: They'll make the ASICs and use it to mine scryptN networks while these networks are oblivious to ASICs existence. I did an estimation that if a manufacturer makes a few ASICs that capture 30% of an enlarged scryptN market in the next year that produces something like 1000 BTC per day in altcoins, then it's 300 BTC per day in profit / 9000 BTC per month. Even if BTC is at 500$ it'll be 4.5mn USD per month - and this power will masquarade as GPU power. If BTC is at 1000, we are talking about 9mn per month.

Btw, I laugh when I see gpu miners talk about their "concerns" on decentralization. We all know that miners go to large pools irregardless of the hashpower concentration as they don't care that much. In order to avoid variance, they can go to pools with 20-30-50% of the hashpower and then complain that ASICs will be bad for centralization and bad for the network.

minersday

hero member

Activity: 1484

Merit: 535

Quote from: child_harold on April 04, 2014, 03:32:12 AM

Quote from: illodin on April 04, 2014, 03:22:24 AM

That's a beauty: https://i.imgur.com/fIhcGBN.jpg

that's pretty sweet

Yes this is very nice, best so far.
would love to see darksend, DGW logos too.

What about calling this only Dark?
and dropping the coin part?
you would have
Darks
Darkcents ? for example.

nzminer

legendary

Activity: 1918

Merit: 1001

Quote from: illodin on April 04, 2014, 03:22:24 AM

That's a beauty: https://i.imgur.com/fIhcGBN.jpg

Yeah i thought that was one of the better ones too.

wasamata

full member

Activity: 210

Merit: 100

nice https://i.imgur.com/bHcNCgH.png
could do maybe with some refining..

n00bnoxious

sr. member

Activity: 280

Merit: 250

Bitnation Development Team Member

Quote from: nzminer on April 04, 2014, 01:32:36 AM

Quote from: evan79 on April 04, 2014, 01:01:53 AM

Quote from: nzminer on April 03, 2014, 03:29:08 PM

Quote from: AlexGR on April 03, 2014, 03:12:28 PM

Quote from: nzminer on April 03, 2014, 02:55:15 PM

I am mining with an R9-280x and a 7970
I am only getting 2 MH per card, but from what i read i should expect 2.4 MH per card, is this correct?
If so what are the ideal settings for SG miner?
I wish i mined this coin from the start! Apparently with that hashrate, i would have mined 300-400 darkcoins a day!

Do you have the right / latest sgminer (based on 4.1)?

https://bitcointalksearch.org/topic/ann-sph-sgminer-multi-coin-multi-algorithm-gpu-miner-added-marucoin-475795

Yes i believe so, but ill check, i downloaded mine from the official blackcoin page.

i have 280x`s and 7970 and can only get 2 MH per card which i believe is the norm using sph 4.1, with 290`s you can get 2.5 MH.

Some people are reporting 2.4MH whith theirs thats all, but they are probably doing some serious overclocking...

If you have the Boost edition with 2 PCIe power sockets you can push them up to 2.4Mh/s by using a bit of software overclocking and no voltage change, but even if you've got the standard one you can eke out 2.2Mh/s by doing the same, the only issue being you can't deliver enough power to the GPU to push the clocks beyond at absolute 75% of their max. The extra 0.4Mh/s seems to use about 30W extra at the wall.

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: illodin on April 04, 2014, 03:22:24 AM

That's a beauty: https://i.imgur.com/fIhcGBN.jpg

Wow, that's so nice to look at. It's soo simple too

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: illodin on April 04, 2014, 03:22:24 AM

That's a beauty: https://i.imgur.com/fIhcGBN.jpg

that's pretty sweet

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: LimLims on April 04, 2014, 03:03:01 AM

Logo competition update

117 crowdsourced designs have come in, and can be viewed here: https://www.darkcointalk.org/threads/logo-designs-all-please-view-discuss.205/

Selection process will be as follows (this will all happen on darkcointalk.org, not here):

Day 1. Post all the designs for people to look at & discuss, including the current logo and earlier community generated designs.
Day 2. I will post a draft subset of these that I've narrowed down for inclusion in the first vote (people can debate inclusions/exclusions).
Day 3. First vote will be posted, and it will be open for 48 hrs. First vote will include the preselected subset with modifications based on discussion on day 2.
Day 5. Depending on how close vote 1 is, a final 48 hr vote may be called with the top x number of submissions.

Darkcoin team will officially retain the right to veto & call re-votes, in case democracy-by-online-poll goes horribly wrong, although I don't anticipate that happening.

Could I make a request.

This thread is, by and large, tech focused. The voting is going to be done by those who see things from a particular bias. These branding decisions are going to have a longer-term impact on a wide group of people.

I would question whether the branding decision making process shouldn't be extended beyond to gain the perspective of potential target users. That would necessity a view on who would be the potential target users.

I am not an expert in branding. But I have had to employ branding experts to launch a financial product for a supermarket environment. I can't tell you how conservative established brands can be and how every potential threat to image is considered in absolute detail. What ends up happening is a process that lasts ages and can involve focus groups of potential users.

I am concerned about DarkSend.

Darkcoin is fine. You can have whatever branding you like for that. DarkSend is the e-cash that you would want to compete for the right to be the cash for the internet. That means mass consumer adoption and integrating with brands, hopefully. How would a DarkSend logo work with Amazon or WalMart.com?

I would almost question the use of DarkSend as a name. DarkSend does the job, but what are the first impressions it gives? iCash would be a choice by Apple.

Zerocash is a stupid consumer name. It makes you think of not having any money.

Can we try and think of this from the point of view of who we think the end users are going to be?

illodin

hero member

Activity: 966

Merit: 1003

That's a beauty: https://i.imgur.com/fIhcGBN.jpg

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6394. (Read 9723858 times)