Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6498. (Read 9723858 times)

Try remove TC and just have shaders 2048

A very poignant article about crypto currencies and why we here should really take some of the points raised in the article below seriously.  There are those here that are focused on technology and are very focused on certain features of this coin...but we must in the big picture take all facets of what it means to be a currency.  Wither or not we take the advise of this article, lets say, seriously...I can assure you that version 2.0 of Darkcoin or Bitcoin will gravitate there because we need everyday people to embrace crypto currencies over fiet currencies to make the whole system work at its best.  I suppose one could keep currencies like Darkcoin to ourselves....why?

We really need to make this user friendly, user identifiable and way less techie ivory tower like.  My money is on the coin that eventually can bridge the gap between our neophyte world of crypto currency techno babble and the general population.  For the record...I'm all in on Darkcoin...what I'm hoping is some of those here that can grasp what this article below is trying to say...can apply that to our currency...for certain others will.

http://www.coindesk.com/bitcoin-needs-got-milk/

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?

Bro, it is already confirmed and coming. https://prelude.io

Moolah will have FIAT exchange for all the coins listed there

Other than that, keep up the good work

I did not have access to my rigg to try a new bios Today, I'll give it a try as soon as I could, with little hope:)

Someone suggest to lower the Thread concurrency, I went from 8192 to 4000 with no change. I even delete that line (in fact delete the entire .conf file) without no changes.

Here's an interesting Darkcoin experiment.

2 days ago, I've mentioned cryptocurrency idea in general to 4 people with different backgrounds, job types and relation to me.
I've suggested sites and places to read, and also mentioned main types and several coins (bitcoin, litecoin, vertcoin, darkcoin, nxt).

Yesterday, the following happened:

Person 1 invested into ~3000 Darkcoins
Person 2 initially wanted to start mining, but instead invested into ~1500 Darkcoins and ~1.5 BTC
Person 3 invested into ~2000 Darkcoins
Person 4 was not interested in the concept at all (I wasn't surprised, this person always fails to look more than week ahead).

These people were not interested in trading or daily rate watching. Long term investment.

I was very surprised how quickly people acknowledged powerful idea of cryptocurrencies. Darkcoin choice didn't surprised me.
Only natural - with solid team/plan/community this is one of the safest bet (not to mention price fluctuations compared to other coins), and with the anonymity implemented the run for darks is going to get real.

In each case there was however one complain - about unnecessary difficulty of having to buy BTC first.
I'm sure if we there was DRK-fiat exchange, this would brought a lot more people in, also helped the coin to uncouple from BTC rate.


BTW - I would suggest adding "First X-11", "Real dev team" or something similar to the topic.

That was already explained. It was a misunderstanding about how starting difficulties correlate to the block generation time.

The misunderstanding was that the blocks are generated at 2.5 minutes . . always.

This was resolved upon someone explaining that the initial difficulty causes many more coins to be mined than expected. In this case, about 6.4x more.

The math was that in 24 hours, with a 500 coin block reward and a 2.5 min generation time . . you'll get 288000 coins. about 1.8 mil were actually created . . due to the difficulty retargeting algorithm catching up to the net hashrate of the coin.

Happens with just about every coin out there . . first day is bedlam and then the weeks that follow are people wishing they were there the first day.

There's been solutions like starting your difficulty at a fair one . . which seems like the way to go due to the amount of people in this now coupled with the increased technology in gpu/cpu's we have compared to when bitcoin started.

Given such a definitive statement that "the most that could have been mined is 288,000 coins", can you describe how you came to such a number?

An ASIC can be built to do anything well. But 11 different things... Probably not worth building.

thanks a lot! I always think my cards arent getting enough, with scrypt and also now with darkcoin... just because some rare people manage to get +10% maximum out of their cards compared to everyone else, I feel like I am supposed to be able to do the same thing. but, being greedy isnt good, so Ill settle for my 1.3mh that run stable and nicely thanks again

I suspect the problematic acceleration on GPUs compared to CPUs is a hint that ASICs might suck at it.

You are right - corrected now

Shameless repeat of asking about using a crowdfunding website . . because it looks like it got posted in the middle of a troll post.

Does anyone at all think this would be a great way to go? A visual way of seeing what's on the table and how far until the goal is met?

If you and the devs are ok: I think we need a public english wiki for Darkcoin, just like wiki.darkcoin.fr (good job there  ), to include

-laymen information (Google-able) until Wikipedia finally accepts Darkcoin, so that when they hit "darkcoin wiki" they'll go into it

In other pages of the same wiki one should be able to find:

-all relevant and in-depth information
-all programs related to darkcoin with links etc
-development changes, future stuff, running projects (like marketing bounties) etc
-hardware configuration and performance database for miners where we can point them for settings, relative performances etc
-list of every exchange and discussion point (forums, reddit, irc places etc)

In sort this should be the one-stop-info for all information darkcoin related that even the main site can link to, or get info from.

Thing is I'm quite slow with using wiki format but I can write lots of content in text/doc that can be submitted if we can set it up (which can be edited/improved by interested members).

What we'll need is a server/domain (whether in the existing domain of darkcoin or elsewhere) that has both wiki and darkcoin in its name. We'll mention it often in this thread to create google backlinks that raise it in relevant searches.

In this case "allegedly" = "self convicted."

If you are going to dump any more, can you give me a bit of notice so I can transfer some BTC to cryptsy.

Still drying my eyes from laughing so much on the Spark thing. Good one. 

Keep up the good work.

I think you made a sign error in your equation

This reminds me of a problem I had when I was mining ultracoin during last N change. I was looking for a new cgminer config and came up with TC=56xxx. Hashrate was very good till it drops for 3 cards (rig have 4 R9 290) after ~several minutes.
The solution was to lessen TC count.
Give it a try.

+1 for DRK very nice coin to mine! perfect for summer

My electical rate is on a tier system, starting at .18kw/h up .35kw/h. By keeping my power usage low, I am actually mining at 80% profitability.