Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6512. (Read 9723858 times)

Prelude.io  might have this soon.

yeah, this a very good compromise between having the 0-%- and 20-%-reduction - the yearly 7-%-reduction!

i am looking forward to your good and exciting DarkSend-implementation to the coin!

Edit: please change at the first page of this thread:

"Est. ~22M Max Coins"

to

Est. 22 Million Max Coins in ~2054

year of max is not clear to me - please fill in the correct one - maybe the "~"-sign before the year and not before the coin-max

Man, I wish there was a fiat exchange so DRK could float against the euro and dollar instead of rising and falling (in relative value) with BTC...

crytpsy, mintpal, c-cex etc

Where can I buy Dark? Which exchanges?

A too little community and a honestly bad looking website is probably holding back a lot of people looking for new homes after Doge etc. dropped in proftiability. For now

I agree this an overwhelmingly optimistic scenario, but i STRONGLY BELIEVE that the notion that 99% of cryptos are worthless in value is spreading throughout miners' notion as we speak, and with Asic coming soon, GPU miners will abandon all scamcoins and focus on 'One-[ASIC Resistant]-Winner takes all'.
That winner will not be selected based on fairytale stories, cure names and alike, but on STRONG technological advantage.

I do see Darkcoin, with its highly competent dev and attitude of breaking new frontiers as a strong contender of being that coin.

This might be a possibility, but you have to take into consideration that to reach the 5 DRK limit, we reach a Difficulty of 3400ish. This is comparable to 1100 in Scrypt. We would have a network hashrate of approx. 240 GH/s by then. 5 times that hashrate is basically impossible without ASICs unless this coin explodes so hard in its profitability and useability that almost every GPU miner moves to mine DRK

With the new attribute of 7% yearly reduction in coins set place, we made Darkcoin more 'rare'. This implies a somewhat more 'protective' store of value...
At the same time, since it protects the value better, bagholders will be less inclined to take darkcoins out of the pocket, and this imho reduces its 'currency' or merchantability traits (in economics: The velocity of money - http://en.wikipedia.org/wiki/Velocity_of_money ).

I propose something that to the best of my limited knowledge / acquaintance has not been tried:

I assume that GPU miners will flood Darkcoin in months to come. As hash and difficulty will rise, we will hit the bottom reward of 5 Darkcoins every block.
My suggestion is not to stop there, but rather 'kick-in' (like a turbo engine that starts only at certain speed) another mechanism that will shorten block-rate time.

i.e. if we reach x5 the amount of hash required for producing a new block every 2.5min (with a reward of 5 DRK), then difficulty is set so that the block is generated every 30sec while the reward is sliced to 1/5 the minimum - aka 1 coin per fast block of 30sec.

This way, the total amount of reward stays the same but since we have 'so much' hash-power, we can benefit from a very fast confirmation rate. Such fast confirmation rate will obviously translate into a more convenient 'currency' (higher velocity of money). This will make Darkcoin shine as -
a) a great currency
b) a great store of value

*p.s. I know there are orphan blocks, forks, and less security the shorter the block rate is, but we are talking about a very high intensity of hashrate.

Well with the Gigabyte, changing memory clock affects mining speed...e.g., if I lower the speed from 1 Ghz to 700, I get 30-40 khash less.
I'm trying to work with the GPU clock and check how mining speed changes.

Anyway, my sgminer with the - Q setting will not start, it points out "unknown command"..strange to say since for you it works fine

Now that the "problem" with rewards per year is solved with a result that pleases almost everybody, how is the crowdsourced logo+art (and website I think?) going along?

Hmm.. probably the sapphire is different (?). You can raise the gpu clock - it'll make significant difference and the power draw/temps will still be quite low because DRK mining is far cooler / far less energy-drawing than litecoin.

Q = shares queued to process.
S = time dedicated for each share. If nothing is found after one second, it changes to another share. Theoretically, one has the same chances whether it is -s 1 or -s 10, but I like -s 1 because it reduces variance with an increased number of shares tried.

Thank you. On my card, memory speed from 500 to 1000 mhz gave me about 80-90 khash/sec more...strange to say! On LTC mining there was actually no difference. GPU clock is 775 mhz.
If I may ask, what Q and S stand for?

I've switched to suchpool.pw and actually I have a bit better payouts than on coinmine!

Somehow coinmine estimates payouts to be far higher than the actual, I ended up earning more at suchpool.

There was a hard fork around this point https://bitcointalksearch.org/topic/m.5705503

not sure where, but if you follow a few pages from there you will see about updating wallets.

thats exactly how to do, but save your wallet.dat to a different place before just in case something goes wrong

Did I need to update the wallet to 0.9 ?

How to? Remove everything in wallet folder except .dat and DL 0.9 version in same folder = solves everything? No nodes need to be added ( no nodes have been tampered with before ).

Appriciate help

It's pretty basic really:

setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
sgminer.exe -I 18 -s 1 -Q 10 --kernel darkcoin -o stratum+tcp://drkpool.com:3333 -u MYUSERNAME -p MYPASSWORD --no-adl

Initially I had it on -i 19 but I reduced it to -i 18 as it is more responsive and has less rejects / better operation.

I used --no-adl because it didn't start otherwise.

-s and -Q are just personal preferences, it could work as well with higher values of -s and lower values of -Q.

My card is a sapphire 6850 and I clock it through trixx. Mem speeds seem to make no difference whether 300 or 1000 MHz, while gpu core speed is set at 958-960 up from 775. Higher than 960 I start running into problems.

I tried almost every pool by then and coinmine, lotterymining and drkpool all give me 0.0% Rejects. Maybe one or two rejects a day but much less than P2P Pool. I'm currently trying P2P pool how that works out for DRK, but it hasnt been 48 hours to say if gives as much DRK as the pools.

Really guys, move your miners off coinmine. Every pool gives you the same amount of DRK and we don't have to worry for 51% attacks. This is a serious issue. We should have way more big pools like coinmine and suchpool percentage wise..

http://bitcoinmagazine.com/7892/shedding-light-on-the-dark-wallet/

runs via chrome or firefox plugin

EDIT - it seems to be a wallet client. reading their home page

https://darkwallet.unsystem.net/