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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6401. (Read 9723858 times)

sr. member
Activity: 1204
Merit: 272
1xbit.com

If we have the limit at 250DRK, the person with 1000DRK will just have four "tickets" instead of 1. So the outcome is the same really, with the same security too.

The only difference between 250DRK and 1000DRK is that we'll end up with lower end master nodes. I think we need only people that really understand security, ddos protection and how to run a service with 99.9999% uptime. These nodes are going to be the life blood of the whole network, so those things are highly valuable.

I agree in principle, I'm just not sure I understand how a higher cost of entry ensures those things.

A higher cost of investment and a lot of money as risk will ensure the person at least understands what he's doing.

Later on I envision we'll have master node pools where you can buy shares and receive a percentage of the payout. This will offer smaller investors the same investment, with someone else managing the node that can protect it.

I have more than 1k DRK I don't have time or interest to learn the technical stuff. I would just like to earn interest of supporting the coin as an early adopter, and I would like to do it safely.

I really don't think it would be the best solution to force the master nodes people to have to get techincal ( correct me if I missunderstood ).

Should there then be 3d parties involved offering security for your node with fee ( but that wouldn't work because of trust issues ).

Thoughts?

There's nothing forcing or requiring you to have any level of technical knowledge to run a master node. However if your node isn't secure you run the risk of losing your coins or having your node taken over by an attacker without your knowledge.

Speaking of which: if this idea goes ahead, a fair amount of thought should go into hardening these nodes because they will be an obvious target, especially if most are using the same VM image.
hero member
Activity: 530
Merit: 500
I own 44k DRK. Can somebody explain to me what this whole discussion is on nodes and master nodes? What are they and should I get them? Where?

Sorry, I read this thread a lot but that discussion confuses me.
member
Activity: 84
Merit: 10
Looking for something other than the usual scrypt coins and I hear Dark is quite good on the power saving....is there a profit calculator/mining calculator for darkcoin?
sr. member
Activity: 294
Merit: 250
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!

Awesome, now 32bit wallets should be able to sync (After I update the exe again)

now recompile 32bit linux.
sr. member
Activity: 294
Merit: 250
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!

one question..

http://drk.poolhash.org/graph.html

what does ts diff mean, and could you explain the numbers in that column

Oh that's timestamp diffrence,
ts diff = block received time(server time) - block timestamp(hardcoded in block) [sec]

so lower is better - and -5 is very fast or clock runs wrong?

I think it's miner clock is wrong, not pool.
I don't know really, which one set the timestamp of a block.
legendary
Activity: 1358
Merit: 1002
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!

one question..

http://drk.poolhash.org/graph.html

what does ts diff mean, and could you explain the numbers in that column

Oh that's timestamp diffrence,
ts diff = block received time(server time) - block timestamp(hardcoded in block) [sec]

so lower is better - and -5 is very fast or clock runs wrong?
sr. member
Activity: 364
Merit: 250
Pre-sale - March 18

If we have the limit at 250DRK, the person with 1000DRK will just have four "tickets" instead of 1. So the outcome is the same really, with the same security too.

The only difference between 250DRK and 1000DRK is that we'll end up with lower end master nodes. I think we need only people that really understand security, ddos protection and how to run a service with 99.9999% uptime. These nodes are going to be the life blood of the whole network, so those things are highly valuable.

I agree in principle, I'm just not sure I understand how a higher cost of entry ensures those things.

A higher cost of investment and a lot of money as risk will ensure the person at least understands what he's doing.

Later on I envision we'll have master node pools where you can buy shares and receive a percentage of the payout. This will offer smaller investors the same investment, with someone else managing the node that can protect it.

I have more than 1k DRK I don't have time or interest to learn the technical stuff. I would just like to earn interest of supporting the coin as an early adopter, and I would like to do it safely.

I really don't think it would be the best solution to force the master nodes people to have to get techincal ( correct me if I missunderstood ).

Should there then be 3d parties involved offering security for your node with fee ( but that wouldn't work because of trust issues ).

Thoughts?
full member
Activity: 142
Merit: 100
Beta version (v0.10.0.0-unk-beta) doesn't sync after hard fork. Last block is 44999.  Huh
sr. member
Activity: 294
Merit: 250
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!

one question..

http://drk.poolhash.org/graph.html

what does ts diff mean, and could you explain the numbers in that column

Oh that's timestamp diffrence,
ts diff = block received time(server time) - block timestamp(hardcoded in block) [sec]
legendary
Activity: 1358
Merit: 1002


Stats
Number of bets: 24339
Real house edge:+1.89523%
Total wagered:   1540.38477346 DRK
Wins:                15463
Losses:              8876
Win/Loss Ratio:   1.742

http://dark-dice.com
legendary
Activity: 1358
Merit: 1002
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!

one question..

http://drk.poolhash.org/graph.html

what does ts diff mean, and could you explain the numbers in that column
legendary
Activity: 1176
Merit: 1036
Dash Developer
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!

Awesome, now 32bit wallets should be able to sync (After I update the exe again)
sr. member
Activity: 294
Merit: 250
current block number is 45000
Hard fork : 0 blocks , 0 min left


current block number is 45001
Hard fork : -1 blocks , -2.5 min left

!!
sr. member
Activity: 294
Merit: 250
2014-04-03 18:17:01 received block 000000000045c3612c21637ac992def1debf5230fac58a69d87023c45759a4dd
2014-04-03 18:17:02 Committing 39 changed transactions to coin database...
2014-04-03 18:17:02 SetBestChain: new best=000000000045c3612c21637ac992def1debf5230fac58a69d87023c45759a4dd  height=45000  log2_work=54.933667  tx=184909  date=2014-04-03 18:15:18 progress=0.999994
2014-04-03 18:17:02 ProcessBlock: ACCEPTED
2014-04-03 18:17:02 ThreadRPCServer method=getblockcount
2014-04-03 18:17:02 ThreadRPCServer method=getblockhash
2014-04-03 18:17:02 ThreadRPCServer method=getblock
hero member
Activity: 560
Merit: 500
How about a blink for the lowest value..
legendary
Activity: 1708
Merit: 1049
As i understood the cost to run a masternode will be 1000 DRK .

1000 DRK is way too high, i understand you ambition but it would eventually prevent a healthy amount of masternodes.

I would host masternodes worth 2000 DRK, i even have the option to provide different IP geo locations, if one masternode costs 1000 DRK to run i can only host two with my budget. NSA can host thousands!!!!

Please consider that there indeed should be a monetary hurdle but it should be considered really, really carefully. Because probably the advantages outweight the disadvantages from lowering the monetary hurdle.

I really want to urge you to double think about that! 150 - 500 DRK should be much enough to host a masternode!


Best Regards,

If we have the limit at 250DRK, the person with 1000DRK will just have four "tickets" instead of 1. So the outcome is the same really, with the same security too.

The only difference between 250DRK and 1000DRK is that we'll end up with lower end master nodes. I think we need only people that really understand security, ddos protection and how to run a service with 99.9999% uptime. These nodes are going to be the life blood of the whole network, so those things are highly valuable.

I think (?) there is one more difference: Network resilience. If there are 400 master nodes vs 100 nodes, the network is more resilient from a DDOS scenario where nodes are taken out. It is conceivable that if there is a way to see the addresses of other nodes, then a hacker could launch a DDOS attack towards them in order to increase his chances that his master node can perform the last transaction and gain the mining reward. If he manages to block 50 out of 100 master nodes, then he's doubling his mining output from darksends. And if hackers start competing between themselves on who DDOSes better the other nodes, very few will remain standing.
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000
A similar service for Darkcoin would be cool https://bips.me (DarkSend compatible)
legendary
Activity: 1176
Merit: 1036
Dash Developer

If we have the limit at 250DRK, the person with 1000DRK will just have four "tickets" instead of 1. So the outcome is the same really, with the same security too.

The only difference between 250DRK and 1000DRK is that we'll end up with lower end master nodes. I think we need only people that really understand security, ddos protection and how to run a service with 99.9999% uptime. These nodes are going to be the life blood of the whole network, so those things are highly valuable.

I agree in principle, I'm just not sure I understand how a higher cost of entry ensures those things.

A higher cost of investment and a lot of money as risk will ensure the person at least understands what he's doing.

Later on I envision we'll have master node pools where you can buy shares and receive a percentage of the payout. This will offer smaller investors the same investment, with someone else managing the node that can protect it.
sr. member
Activity: 294
Merit: 250


current block number is 44976
Hard fork : 24 blocks , 1 hour left
full member
Activity: 322
Merit: 105

If we have the limit at 250DRK, the person with 1000DRK will just have four "tickets" instead of 1. So the outcome is the same really, with the same security too.

The only difference between 250DRK and 1000DRK is that we'll end up with lower end master nodes. I think we need only people that really understand security, ddos protection and how to run a service with 99.9999% uptime. These nodes are going to be the life blood of the whole network, so those things are highly valuable.

I agree in principle, I'm just not sure I understand how a higher cost of entry ensures those things.
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