Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6455. (Read 9723858 times)

Yah, but n00b did it about a week ago, not that having two choices is bad (actually it'd be super if both could be put up on the front page)  It's a bit more complex to do n00bs but it's really nice an he must have put some time into it for all of us, but his work got kind of buried in the thread.  maybe a direct link to the download?  After all, it should be done off line anyway

https://github.com/n00bsys0p/bitcoinpaperwallet/archive/darkcoin.zip

n00b, maybe we can host it somewhere, if it's ok with the licence, and add a bunch of fun covers, like for holidays, etc... for it?

Loving the article, here's another translated quote:

"DarkSend technology is very high technical threshold , compared Zerocoin will know ; DGW authors took less than two days time to get, so many developers before KGW also know who imitate its problems , but no resolve , we can imagine the author's attitude and ability"

Translated the rest of the article . . it'll be a tough read because I used google translate, but you can definitely get what's being said. First page praise on BTC38 is pretty awesome IMO. Sorry if it takes up a lot of space, but it's been a long time since I've seen a news article about this coin.

Again here's the link: http://www.btc38.com/altcoin/drk/1153.html


""

Dark currency: Set multiple practical innovation as an anonymous coins
2014-03-27 12:40:13 Views: 5317 Keywords: coin a practical
Thanks to enthusiastic users millet enthusiastic contribution!

Author: Millet

Darkcoin is the world's first truly anonymous virtual currency Bitcoin successfully complements unable to protect users' privacy!
Darkcoin is a practical innovation also has a number of characteristics of virtual money!
Darkcoin there are few published White Paper on virtual currency!
Darkcoin is a full-time developer has a virtual currency, strong communities!
 
Three innovative features:

A: Anonymous characteristics
Darkcoin use of a technique called "DarkSend" technology to achieve a high level of anonymity, DarkSend confusion is blockchain level encryption, can be very good to protect user privacy. The technology is currently in the testing phase Beta V3, the authors say will be officially released in the near future.
ps: the current version of the Beta Darkcoin has achieved 99% of the anonymous (Note: there is no 100% anonymous world)

Two : X11 algorithm
DarkCoin created the X11 algorithm, which is integrated with 11 kinds of super- secure encryption algorithms and complex algorithms , anti- mining machine ; This algorithm is suitable for mining CPU and GPU (GPU efficiency better ) , compared to other scrypt line algorithm , X11 graphics can lower the temperature by 30% -50 % reduction in power consumption by about 30% ; therefore X11 algorithm can be said is the most friendly of GPU algorithms, based on the practical features , the current has started to use a new currency X11 algorithms ( such as Hirocoin), also has plans to scrypt currency to X11 ( eg AIRcoin).
ps: Let your card over a cool summer.
 
Three : DGW difficult adjustment mechanism
DGW full name : DarkGravityWave, KGW he resolved all known issues and a more effective way to automatically adjust the difficulty . DGW is currently based on the most reliable and perfect difficulty adjustment mechanism , the new currency has begun to use this mechanism ( eg rotoCoin).
 
You can not polite to say these three characteristics of each coin can accomplishments , but rather Darkcoin create and perfect combination of them . May not have a lot of money for virtual friends understand the influence of these three characteristics do not have a sensory awareness , I simply said that under
1 . The industry called bitcoin 2.0 Zerocoin anonymous flagship project , which is also the main DarkCoin anonymous , except on a different technology implementations , there is Zerocoin project is still no substantial progress , while Darkcoin 's DarkSend technology has entered the beta V3 test phase.
2.Vertcoin ( green currency ) to create a Scrypt Adaptative N algorithm for virtual currency areas has contributed to the success of the algorithm has also been a latecomer to copy imitate ; X11 algorithm Darkcoin creation , is also being increasingly later who copied imitation.
3.Megacoin ( U.S. card currency ) to create a KGW difficult adjustment mechanism in the field of virtual currency has contributed to the success of this mechanism has also been a latecomer to copy imitate ; DGW difficult adjustment mechanism Darkcoin creation , is also being increasingly many latecomers copy imitation.
 
Privacy markets:
Anonymous means privacy , anonymity current market mainly Darkcoin, Zerocoin, Anoncoin and Fedoracoin
Darkcoin and Zerocoin is anonymous in the true sense ;
Anoncoin and Fedoracoin is to use a third-party escrow service implements anonymous anonymous , this approach can indeed achieve a certain degree of anonymity , but there is a big question is : You must trust the third-party hosting services ;
People in this era of increasingly emphasized the importance of privacy , privacy is a very large market , because Zerocoin project no substantial progress , apparently Darkcoin have come in the front.
About these coins anonymity comparison reference : https://bitcointalksearch.org/topic/m.5241291 # msg5241291
 
Development team :
Chief Developer : Evan Duffield
Americans , is a very talented and highly active technical madman , in computer coding work for 17 years, have backgrounds in economics , in 2010 began touching virtual currency , this mixture has a profound economic and technical knowledge ;
At least two years of full-time commitment to work on Darkcoin, its capacity is very prominent (DarkSend technology is very high technical threshold , compared Zerocoin will know ; DGW authors took less than two days time to get, so many developers before KGW also know who imitate its problems , but no resolve , we can imagine the author's attitude and ability ) ;
Development team as well as the other two , presented here do not .
 
About Community:
Darkcoin community is a strong and united community , concrete, visible paste release , the current number of replies on bitcointalk has more than 550 ( currently able to reach this post is very small scale ), the vast majority of people are Darkcoin faithful , in this great post mostly useful information ( rather than those boring chat ) , author and community of mutual respect, but also willing to listen to the views of the community ( rather than autocratic ) .
Community is very united, have Darkcoin funds are donations from community members , to promote long-term development Darkcoin 's .
 
Basic data:
Darkcoin released in January 18, 2014 ;
The total amount of coins around 2200w, has been mined 380w, block time 2.5 minutes ;
Block area is calculated by the current difficulty of dynamic incentives , which reward equation has certain principles of economics , is a hedge algorithm.
 
Investment advice:
Investment is not speculation , it is strongly recommended that the current virtual money market investments this intricate understanding of each coin under the first coin , so please understand Darkcoin reinvestment ; personally I think Darkcoin is truly innovative and practical value of the coin , the total amount is very rare, the current price is also at the low end ( of $ 0.88 this writing ) , suitable for long-term holding ( wrote here reminds me of the legendary bitcoin then spend 11,000 for a one person pizza Post a message came Darkcoin release scenario ) .
Currently the majority of transactions are supported Darkcoin foreign trading site , you can see the specific post or publish official website .
 
Mining proposal :
Darkcoin whole network operator kept in force for a long time 9G + levels , when writing to 13G, so the current situation, the current personal income higher recommended digging other coins , and then sell to buy Darkcoin will be more affordable.
If you believe Darkcoin future , now dig is worth it, maybe a few months later and now in retrospect day to dig a few Darkcoin is a happy thing .
 
Common Mistakes :
Bitcoin is anonymous : Bitcoin is no doubt a very great invention, but Bitcoin is not anonymous , each transaction is recorded can be queried.
Innovation coin : I think innovation is that the whole industry to be different but also contribute to innovation called innovation , but some coins and other coins just are not the same features ( and this feature absolutely no contribution to the industry or no practical value ) , so the coins can not be called innovation coins.

""

Yeah what happened? I came back home today and I had a whole bunch of timeouts on my mining machine. I also appear to have been temporarily banned because of this for submitting invalids (on an otherwise rock-stable system)? Does anyone know how long the ban lasts for or how to reverse it?

EDIT: maybe not banned, maybe official pool still flaky

Chinese dumping because government stopped banks from working with exchanges. Chinese just giving their coins away cheap to everyone else.

nope. We're still there. http://www.btc38.com/altcoin/

I second this, they even have news articles about DRK on their site: http://www.btc38.com/altcoin/drk/1153.html

The link is the third one on 3/27 for the competitive currency category (center of the page)

Doesn't look like they're getting rid of DRK . . acutally they seem like fans . . a translated quote from the article:  "there is Zerocoin project is still no substantial progress , while Darkcoin 's DarkSend technology has entered the beta V3 test phase."

Edit: Actually that entire article . . using google translate seems like very high praise. If you get bored open it up and drop it all in the translator and read it.

China banned BTC for the 45th time now. Price will probably be back in a week or so

no removed

Bitcoin value dropped again. Investor run away from Bitcoin.

There is no hope to mine anymore.

Am I crazy or were we removed from BTC38.com ? I can't understand a goddamn thing on these chinese sites... Myriad And Dark both seem to not be there anymore.

Updated to the new wallet and network! Now with Cryptsy price displayed
Address: drk.p2phash.com

P2Pool benefits:
* No registration required
* Distributed hashrate
* Immediate payouts after a block is found
* Higher payouts with transaction fees paid to miners
* No account hack possible

Fee: only 0.5%
Start mining within seconds! Just point your miner to p2phash.com:7903 and use the Darkcoin address from your wallet for username, the password doesn't matter.

Problems with the official pool?


edit:

Do you use ip addresses to guesstimate the wallet totals?  Can you guesstimate how many people have a darkcoin wallet at this point?

Is transaction time actually that big an issue for people? Bitcoin payment processors are moving to instant confirmations to ensure the user experience for the average person is flawless. The mining wait time is a back end issue.

Cost? extra data storage or transaction fees? That probably depends on what people are prepared to pay for anonymity. But fees do need to be carefully considered.

I see where you're coming from . . but bringing vertcoin into this is adding a third aspect into the discussion . . the coin we're taking about, the not-so-great coins, and the legitimate competition.

I watched Vertcoin grow and even mined it for a while . . until someone described fully that it's not even a large step to make asic-n capability in second gen scrypt miners. As far as vertcoin goes, they have a great distribution of coins . . a fine community of supporters . . decent enough all around. Not a bad coin or community by far . . but the fact that asic's are easy to adapt to it, the lack of future anonymity, and my own lack of faith in the development team pushed me away. As far as the technical innovation behind the algo goes . . people say the same thing about this one in that half was taken from one coin and half was taken from another . . so I consider these two on an even level there . . though I do have to admit that I have a bias toward DRK being a bit more innovative on that level due to the reading I'm doing recently on different sha candidates.

Back to the original discussion . . I can agree that asics will easily push up the scrypt hashrate by a lot and push out GPU miners to the future, but I just can't justify mining the next two or three months keeping these struggling trashbag coins alive. Maybe it's because the thought of some poor bastard actually investing his hard-earned fiat into the worst decision of his live . . because that's what you're really doing when you mine those coins and cash out. The value you put into your pocket . . ultimately came from someone else's. I don't favor taking part in this because it's a little too close to robbing.

I know that nobody forces these people to throw money at crypto . . but we can't all be trying to suck up the dumb money as fast as possible . . the line's gotta be somewhere. I decided that it's here for now . . in a coin where I see a good growing community, involved and transparent developers, and much more. Maybe in the end we're all just taking dumb money and putting it in our pocket . . but at least this way it feels like we both bought into the craziness.

Indeed!

Each darksend adds more and more uncertainity as to the actual money paths. It seems that two mixings will be better than one, especially if the mixing node selection maximized uncertainity, eg. converge each nodes in/out to overall average. This would eliminate most of the knapsack attacks.

What do you think about being able to specify additional anonymity by requesting additional stages of mixing. The tradeoff is transaction cost/time vs anonymity level. This would eliminate most timing attacks.

James

IMHO it is not a factor considering the timeline proximity of scrypt asic which is going to more than quadruple the available hashpower in scrypt.  This combined with the beta/closed nature of Darksend to me proves it is better to not broadcast the potential of this coin to the network when the most popular features are less than fully available.  I say let everyone think vertcoin is the best alternative for GPUs despite not having any real advantages/innovations.  When the market prices in features for this coin that are ready and working it should prove indisputably how much value a anonymous coin is to those who wish to conduct private transactions like cash offers versus a public ledger.  There is no way in my mind the miners will not follow the markets value just as it is smartest to do now if only for the efficiency of power usages sake. 

Wow this is hilarous - brain fried from hard work.  


Still not as cool as mine! (but way easier to make) - https://www.youtube.com/watch?v=B009TnsAgK8

Try Omega-3 and Mutaflor. Mums says it helps.