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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6495. (Read 9723858 times)

legendary
Activity: 1456
Merit: 1000
When did the max coins get changed from 80 mil to 20 mil?

Still says 250 million on their thread??

he means max coins for DRK

?

Actually, I went to their thread and saw that they decided last night on twitter to halve the rewards and in response, their coins are rising in value.  So they're going somewhere from 250,000,000 to 125,000,000.
Because of the predominant personality of it's namesake, I find this coin to be the most obnoxious of all the alt-coins.

Maximum coins for DRK was changed from 84 million to 22 million on the first page of this thread.

sometime yesterday - evan posted a surprise survey, there were a few pages going back-wards and forwards, then an executive decision was made and a future block chosen for the change.

something about investors wanting to see less open ended coin without inflation. not sure what investors means for a coin, but I'm guessing there was enough of an incentive somewhere to want to make the change.

my only criteria is that the coin hits $1bn this year. Anything else is just noise.

edit: https://bitcointalksearch.org/topic/m.5830510
legendary
Activity: 1708
Merit: 1049
When did the max coins get changed from 80 mil to 20 mil?

Evan asked the other day whether it's better to reduce future coins through a poll and the decision was taken. Thus darkcoin now has increased store-of-wealth characteristics.

The number I think is based on an estimate since the rewards (between 5 and 25) are not a given.
newbie
Activity: 27
Merit: 0
When did the max coins get changed from 80 mil to 20 mil?

Still says 250 million on their thread??

he means max coins for DRK

?

Actually, I went to their thread and saw that they decided last night on twitter to halve the rewards and in response, their coins are rising in value.  So they're going somewhere from 250,000,000 to 125,000,000.
Because of the predominant personality of it's namesake, I find this coin to be the most obnoxious of all the alt-coins.

Maximum coins for DRK was changed from 84 million to 22 million on the first page of this thread.
full member
Activity: 280
Merit: 100
The Future Of Work
When did the max coins get changed from 80 mil to 20 mil?

Still says 250 million on their thread??

he means max coins for DRK

?

Actually, I went to their thread and saw that they decided last night on twitter to halve the rewards and in response, their coins are rising in value.  So they're going somewhere from 250,000,000 to 125,000,000.
Because of the predominant personality of it's namesake, I find this coin to be the most obnoxious of all the alt-coins.
newbie
Activity: 27
Merit: 0
When did the max coins get changed from 80 mil to 20 mil?

Still says 250 million on their thread??

he means max coins for DRK
full member
Activity: 280
Merit: 100
The Future Of Work
When did the max coins get changed from 80 mil to 20 mil?

Still says 250 million on their thread??
hero member
Activity: 742
Merit: 501
Operation Shitcoin Cleanup folks might be interested in any clones I'm sure .....
legendary
Activity: 1260
Merit: 1000
When did the max coins get changed from 80 mil to 20 mil?
legendary
Activity: 1358
Merit: 1002


Come and help mine darkcoin, and get a chance of winning the lottery pool.

once a week 50% of the fees, will be drawn,
to one lucky winner... is it your turn next?

Pool Pays Witdrawal fee: 0.0
Please spread your hashing power, we dont want 1 pool to have >50%

Dedicated pool, we only run Darkcoin mining
DDOS Protected pool, resistant to: fake shares & scrypt ddos
Only time stratum goes down is for VERY short periods when updating stratum, or wallet
Stable Fast Server, but dont take my word for it, see what others have said in this thread

Coinmine.pl is above 50% again, please spread your hashing power


if you care about the value of darkcoin, then dont go to a pool that has so high a hashing rate,
investors look upon this as being risky....

Its aways more then 51%, 53,3% at this time.

The probleme is not Coinmine.pl, but the code.

If its not in the code, its always be a vulnerability.

Code:
ubuntu@ip-172-31-21-22:~$ darkcoind getmininginfo
{
    "blocks" : 38808,
    "currentblocksize" : 12444,
    "currentblocktx" : 3,
    "difficulty" : 288.44729467,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 10261221064,
    "pooledtx" : 3,
    "testnet" : false
}

coinmine has 4.998GH/s.
getmininginfo networkhashps is 10.26GH/s.

compare to getmininginfo networkhashps, coinmine has =< 50% of darkcoin network hashrate.

But getmininginfo networkhashps changed with difficulty.

Code:
ubuntu@ip-172-31-21-22:~$ darkcoind getmininginfo
{
    "blocks" : 38810,
    "currentblocksize" : 1680,
    "currentblocktx" : 3,
    "difficulty" : 265.34067185,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 9894202960,
    "pooledtx" : 3,
    "testnet" : false
}

now networkhashps is 9.89GH/s

So I use sum of pool hashrate(coinmine + suchpool + mininghub + official + lottery + p2pool + cpupool) to compare.

If any one want another graph(compare to getmininginfo networkhashps), I will add it.







 

Please bear in mind that networkhashps is a calculated number based on the last X number of blocks, its not a precise number of now
legendary
Activity: 1176
Merit: 1134
Can somebody please pinch me. I must be dreaming. ZeroCash and anyone running a zerocoin implementation (anoncoin) needs trusted third parties?



Skip to ~ 24 minutes for the 'So whats the catch?# bit

http://www.youtube.com/watch?v=FXU65XsLiFk

What am I missing from the, duh, trusted third parties needed to enable a decentralised anonymous coin and knows where trap doors are?

bump

LOL, thing is Darkcoin's claims are real.  Hopefully people will eventually appreciate that as much as we do Smiley
DRK is a key part of the solution. I see it as the crypto that introduces the masses to anonymity and as long as DRK community and other anonymity communities cooperate, the total market for anonymity will grow much, much faster than each going off alone.

James
full member
Activity: 280
Merit: 100
The Future Of Work
Is Darkcoin open source?

Any plans? Is edduffield the only dev?

Darkcoin is opensource, however, DarkSend, is not yet.  This is because the developers want to make sure it's finished, working perfectly as intended and doesn't have any unforeseen vulnerabilities before everyone adopts it.  Even so, when it is open sourced, DarkSend will be difficult to implement into existing coins.  The best way to get another coin with the feature will be to clone Darkcoin wholly.  And we know this will happen, however we are so far in the lead, I honestly don't think it will matter.  Plus our lead developer, Evan, is constantly surprising us with his amazingness, we'll always be ahead of the game!

We have Evan as our lead developer, and I know of InternetApe as well, and several other people are involved but I do not know how many or if they prefer to be anonymous.  Essentially, Evan drives this coin and we all help best we can Smiley
legendary
Activity: 1176
Merit: 1134
Can somebody please pinch me. I must be dreaming. ZeroCash and anyone running a zerocoin implementation (anoncoin) needs trusted third parties?



Skip to ~ 24 minutes for the 'So whats the catch?# bit

http://www.youtube.com/watch?v=FXU65XsLiFk

What am I missing from the, duh, trusted third parties needed to enable a decentralised anonymous coin and knows where trap doors are?
It is only for the creation of the initial Parameters that a trusted party is needed. Once they are created, as long as the one who created it, destroys all the keys, there is no problem.

It would not be too hard to setup a live video feed with live observers who verify a computer without any networking or storage devices is used, then destroyed, so that no chance of the magic keys are left.

This is a trust issue for one moment in time that can and will be managed.

I can think of other ways than the above, so Zerocoin and Zerocash (if it uses the same method) are definitely viable anonymity solutions.

Also, the more anonymity vendors that have independent viable solutions, the better for all. The market cap of all will grow as a product of each other. The last thing we need is for us vs them sort of thing.

If DRK is good (it is) and Anoncoin is good (it is) and Zerocoin is good, then combining DRK + ANC + ZERO will be that much better. Much better to have one third of a pie that is ten times bigger. Not a zero sum game at all.

James
full member
Activity: 280
Merit: 100
The Future Of Work
Yes, please use a different pool than Coinmin.pl

http://lotterymining.com is a SUPER pool!  But most of the others are also excellent.  There is NOTHING special at Coinmine.pl, they charge 1% for mining there, and at http://lotterymining.com you have a chance to win every week!
newbie
Activity: 27
Merit: 0
Is this coin open source?

Any plans? Is edduffield the only dev?
full member
Activity: 280
Merit: 100
The Future Of Work
Ok, I've gone back and forth 3 times, but can't find the original post that posted this link on branding Bitcoin:
http://www.coindesk.com/bitcoin-needs-got-milk/

It's an excellent article, and I highly recommend everyone read it.  I'm sorry I forgot, and couldn't locate the original post!  But too good to just have it disappear. 


full member
Activity: 168
Merit: 100
It took me 2 month to see that this is a coin that I should mine. :/
 Am I too late now?


It's never too late.

"The best time to mine Darkcoin was two months ago,
The second best time to mine Darkcoin is now."
- Buddhist proverb
hero member
Activity: 965
Merit: 515
 It took me 2 month to see that this is a coin that I should mine. :/
 Am I too late now?
sr. member
Activity: 294
Merit: 250


Come and help mine darkcoin, and get a chance of winning the lottery pool.

once a week 50% of the fees, will be drawn,
to one lucky winner... is it your turn next?

Pool Pays Witdrawal fee: 0.0
Please spread your hashing power, we dont want 1 pool to have >50%

Dedicated pool, we only run Darkcoin mining
DDOS Protected pool, resistant to: fake shares & scrypt ddos
Only time stratum goes down is for VERY short periods when updating stratum, or wallet
Stable Fast Server, but dont take my word for it, see what others have said in this thread

Coinmine.pl is above 50% again, please spread your hashing power


if you care about the value of darkcoin, then dont go to a pool that has so high a hashing rate,
investors look upon this as being risky....

Its aways more then 51%, 53,3% at this time.

The probleme is not Coinmine.pl, but the code.

If its not in the code, its always be a vulnerability.

Code:
ubuntu@ip-172-31-21-22:~$ darkcoind getmininginfo
{
    "blocks" : 38808,
    "currentblocksize" : 12444,
    "currentblocktx" : 3,
    "difficulty" : 288.44729467,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 10261221064,
    "pooledtx" : 3,
    "testnet" : false
}

coinmine has 4.998GH/s.
getmininginfo networkhashps is 10.26GH/s.

compare to getmininginfo networkhashps, coinmine has =< 50% of darkcoin network hashrate.

But getmininginfo networkhashps changed with difficulty.

Code:
ubuntu@ip-172-31-21-22:~$ darkcoind getmininginfo
{
    "blocks" : 38810,
    "currentblocksize" : 1680,
    "currentblocktx" : 3,
    "difficulty" : 265.34067185,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 9894202960,
    "pooledtx" : 3,
    "testnet" : false
}

now networkhashps is 9.89GH/s

So I use sum of pool hashrate(coinmine + suchpool + mininghub + official + lottery + p2pool + cpupool) to compare.

If any one want another graph(compare to getmininginfo networkhashps), I will add it.







 
member
Activity: 74
Merit: 10


Come and help mine darkcoin, and get a chance of winning the lottery pool.

once a week 50% of the fees, will be drawn,
to one lucky winner... is it your turn next?

Pool Pays Witdrawal fee: 0.0
Please spread your hashing power, we dont want 1 pool to have >50%

Dedicated pool, we only run Darkcoin mining
DDOS Protected pool, resistant to: fake shares & scrypt ddos
Only time stratum goes down is for VERY short periods when updating stratum, or wallet
Stable Fast Server, but dont take my word for it, see what others have said in this thread

Coinmine.pl is above 50% again, please spread your hashing power


if you care about the value of darkcoin, then dont go to a pool that has so high a hashing rate,
investors look upon this as being risky....

Its aways more then 51%, 53,3% at this time.

The probleme is not Coinmine.pl, but the code.

If its not in the code, its always be a vulnerability.

I just noticed something...

At the moment Cinemine has 4.988GH/s -> 52.8% (according to http://darkcoin.mine.nu/poolhash.html)

Net hashpower is 10.26GH/s (getnetworkhashps)!

Therefore coinmine has to have 48.61% instead of 52.8%!

Am I missing something?
legendary
Activity: 1456
Merit: 1000
Vircurex has announced it is closing.

The exchanges might be feeling some pain since bitcoin has gone down, there is less overall volume, there are more exchanges and too many pump+dump making people weary. who knows.

http://venturebeat.com/2014/03/23/yet-another-bitcoin-exchange-implodes-vircurex-will-freeze-accounts-tomorrow/
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