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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6620. (Read 9724017 times)

full member
Activity: 168
Merit: 100
I'm pondering your idea... I definitely like the idea (as I wait for my BTC to post to cryptsy) ... But I think you would need a certain amount of each currency to exchange with yourself... But if you had it... why not? What if Darksend could add a second conversion value for a transaction, allowing any other currency to "piggyback" on it... Imagine the pool having not just Darkcoins, but BTC, LTC, DOGE, etc all in each transaction. More layers of concealment... But you WOULD have to make sure that the current pool could support your transaction... and how could you make sure that the conversion wasn't being gamed? You wouldn't want to use a fixed rate, that would be self-defeating.... Hmmm....


BTC/Altcoin -> Counterparty -> DRK
DarkSend that shit
Darksend that shit again (why not?)
DRK -> Counterparty -> BTC/Altcoin

Basically, use DRK for the DarkBank and then just withdraw it as you need it into the other cryptos. That's my plan, anyway.

I should add, the whole point of Dark is that the mixing is decentralized. In order to accomplish what you and the other guy are pondering, you must trust 3rd parties again, which isn't optimal.

I agree that it's not optimal, or even desirable... I wonder what would happen if you exchanged BTC for DRK in your own wallet at your own rate... It seems like holders of large amounts of any currency could then drive the price wherever they wanted... But then, do they do that now?
full member
Activity: 128
Merit: 100
Maybe a faucet will help amp things up.

Here you go! http://cointrepid.com/
hero member
Activity: 1302
Merit: 502
Can you explain Counterparty to me? Their topic/site isn't very helpful.

Basically it's a currency that enables you to use their decentralized exchange (they refer to it as the DEX). You need their currency, XCP, which was generated by provably destroying BTC, to use the exchange. From there you can buy various assets, issue assets, pay dividends, etc. Their currency floats on top of BTC. A more refined user interface is on the way which should help the non computer science majors operate it more easily  Wink. It's listed on exchanges which is pretty lol since you can buy XCP directly on the DEX with BTC.

I don't own any yet because I haven't gotten around to using it/testing it. One of these days I'll get to it.

There are 2 alternatives that I know of that are trying to accomplish the same idea, Colored Coins and Mastercoin. Counterparty seems to have both beat but there have been bugs (the most notable being related to the Poloniex theft).

Only one of these needs to be paired with DRK to make all other cryptos pretty much anonymous. Neat stuff. The key is not staying in other cryptos, but staying in DRK and withdrawing into the other cryptos when needed.
hero member
Activity: 532
Merit: 500
I'm incredibly annoyed right now. I made a twitter account to help promote darkcoin (@darkcoinnews) , didn't pretend to be the official account or anything like that, and still got suspended. To whoever suspended me, go fuck yourself. Now I have to get myself unbanned for no reason.
full member
Activity: 176
Merit: 100
hero member
Activity: 742
Merit: 501
Wow donations are greater than many individual entire wallet amounts. Amazing.
hero member
Activity: 560
Merit: 500
I'm pondering your idea... I definitely like the idea (as I wait for my BTC to post to cryptsy) ... But I think you would need a certain amount of each currency to exchange with yourself... But if you had it... why not? What if Darksend could add a second conversion value for a transaction, allowing any other currency to "piggyback" on it... Imagine the pool having not just Darkcoins, but BTC, LTC, DOGE, etc all in each transaction. More layers of concealment... But you WOULD have to make sure that the current pool could support your transaction... and how could you make sure that the conversion wasn't being gamed? You wouldn't want to use a fixed rate, that would be self-defeating.... Hmmm....


BTC/Altcoin -> Counterparty -> DRK
DarkSend that shit
Darksend that shit again (why not?)
DRK -> Counterparty -> BTC/Altcoin

Basically, use DRK for the DarkBank and then just withdraw it as you need it into the other cryptos. That's my plan, anyway.

I should add, the whole point of Dark is that the mixing is decentralized. In order to accomplish what you and the other guy are pondering, you must trust 3rd parties again, which isn't optimal.

Can you explain Counterparty to me? Their topic/site isn't very helpful.
hero member
Activity: 560
Merit: 500
I'm 5btc deep in this bitch

Amateur... If anyone is left holding the bag, it's gonna be me... ;-) 5btc? pft... I've got more money in DRK than most of you paid for your cars... :-p

I have to buy it. I sure won't be mining it, lol!

I don't think someone who bought BTC at $4 can ever refer to himself as a bagholder. ;P
hero member
Activity: 1302
Merit: 502
I'm pondering your idea... I definitely like the idea (as I wait for my BTC to post to cryptsy) ... But I think you would need a certain amount of each currency to exchange with yourself... But if you had it... why not? What if Darksend could add a second conversion value for a transaction, allowing any other currency to "piggyback" on it... Imagine the pool having not just Darkcoins, but BTC, LTC, DOGE, etc all in each transaction. More layers of concealment... But you WOULD have to make sure that the current pool could support your transaction... and how could you make sure that the conversion wasn't being gamed? You wouldn't want to use a fixed rate, that would be self-defeating.... Hmmm....


BTC/Altcoin -> Counterparty -> DRK
DarkSend that shit
Darksend that shit again (why not?)
DRK -> Counterparty -> BTC/Altcoin

Basically, use DRK for the DarkBank and then just withdraw it as you need it into the other cryptos. That's my plan, anyway.

I should add, the whole point of Dark is that the mixing is decentralized. In order to accomplish what you and the other guy are pondering, you must trust 3rd parties again, which isn't optimal.
full member
Activity: 168
Merit: 100
And while we're tossing out ideas, I had one earlier- (I know stop the presses) -about a multicoin wallet with DRK as the backbone if you will. This wallet could hold all of ones coins but the beauty is, you could use Darksend for any one of the coins. I'm envisioning a feature rich wallet that allows you to exchange your BTC to DRK with a few clicks and then using Darksend to complete the transaction. This "wallet" environment allows for quick and painless exchange of coins to DRK, adds the anonymity of Darksend, adds DRK to the "mixing pools" or "buckets" as they're described earlier and eliminates higher exchange rates and transaction fees normally accrued through regular exchange procedures. This "pie in the sky" wallet idea could gain the widespread adoption this coin is looking for by not only incorporating the use of any of the established coins which came before it, but also set it so far apart from anything out there that even clones wouldn't stand a chance. But hey, with no technical background in this field whatsoever, I'm not even sure any of that is possible. You want to talk about a difference maker though; from the average Joe's perspective, a "one wallet to rule them all" makes transactions a breeze.

One wallet to rule them all and with the Darksend bind them?


You got it man. No but really, something like that in addition to your suggestion about the messaging, is the kind of "out of the box" thinking that's needed IMHO to set DRK far enough apart from the rest.

I'm pondering your idea... I definitely like the idea (as I wait for my BTC to post to cryptsy) ... But I think you would need a certain amount of each currency to exchange with yourself... But if you had it... why not? What if Darksend could add a second conversion value for a transaction, allowing any other currency to "piggyback" on it... Imagine the pool having not just Darkcoins, but BTC, LTC, DOGE, etc all in each transaction. More layers of concealment... But you WOULD have to make sure that the current pool could support your transaction... and how could you make sure that the conversion wasn't being gamed? You wouldn't want to use a fixed rate, that would be self-defeating.... Hmmm....
hero member
Activity: 560
Merit: 500
www.OroCoin.co
member
Activity: 112
Merit: 10
I've got a question that may have come up in the past 400 pages . . but I'm not digging through that. Regarding transaction malleability . . has anyone addressed this in this coin? I realize it may not be the biggest issue in the world right now, but with the press coverage this seems like a good thing to strike at while the iron's still hot. I'm pretty sure this would be a non-issue in DarkSend . . but it sounds like there will be a public ledger visible for those that continue to choose to send non-anonymously.I saw Riecoin claiming a workaround to transaction malleability had been implemented in their coin, but have no clue if it actually fixed the issue. I'm just thinking that this could easily invite some welcome coverage amongst major news articles like Gox being taken down because of it. Even if that wasn't the actual case . . thousands of people saw that and accept it. Might be worth looking into is all I'm trying to get across.


Evan will have to answer this one. Although transaction malleability is really the fault of exchanges, not the bitcoin protocol. If exchanges are properly coded, it presents no problem at all.


Ok guys, I've just contacted The Piratebay to ask them to add darkcoin to their list of donation possibilities. Also tweeted to Wikileaks.

He already answered...

Does this transaction malleability issue anyways affect the darkcoin transactions in the

future?

I would say "transaction malleability" is more an issue of how 3rd parties implement the transactions than a coin/wallet problem

There were bugs in bitcoins reference implementation that the devs are fixing. I'll pull the changes in when they're done.

OK cool. I was wondering if he was going to fix it himself or wait for the fix, and that answered that completely. Thanks.
full member
Activity: 129
Merit: 100
And while we're tossing out ideas, I had one earlier- (I know stop the presses) -about a multicoin wallet with DRK as the backbone if you will. This wallet could hold all of ones coins but the beauty is, you could use Darksend for any one of the coins. I'm envisioning a feature rich wallet that allows you to exchange your BTC to DRK with a few clicks and then using Darksend to complete the transaction. This "wallet" environment allows for quick and painless exchange of coins to DRK, adds the anonymity of Darksend, adds DRK to the "mixing pools" or "buckets" as they're described earlier and eliminates higher exchange rates and transaction fees normally accrued through regular exchange procedures. This "pie in the sky" wallet idea could gain the widespread adoption this coin is looking for by not only incorporating the use of any of the established coins which came before it, but also set it so far apart from anything out there that even clones wouldn't stand a chance. But hey, with no technical background in this field whatsoever, I'm not even sure any of that is possible. You want to talk about a difference maker though; from the average Joe's perspective, a "one wallet to rule them all" makes transactions a breeze.

One wallet to rule them all and with the Darksend bind them?


You got it man. No but really, something like that in addition to your suggestion about the messaging, is the kind of "out of the box" thinking that's needed IMHO to set DRK far enough apart from the rest.
member
Activity: 74
Merit: 10
I've got a question that may have come up in the past 400 pages . . but I'm not digging through that. Regarding transaction malleability . . has anyone addressed this in this coin? I realize it may not be the biggest issue in the world right now, but with the press coverage this seems like a good thing to strike at while the iron's still hot. I'm pretty sure this would be a non-issue in DarkSend . . but it sounds like there will be a public ledger visible for those that continue to choose to send non-anonymously.I saw Riecoin claiming a workaround to transaction malleability had been implemented in their coin, but have no clue if it actually fixed the issue. I'm just thinking that this could easily invite some welcome coverage amongst major news articles like Gox being taken down because of it. Even if that wasn't the actual case . . thousands of people saw that and accept it. Might be worth looking into is all I'm trying to get across.


Evan will have to answer this one. Although transaction malleability is really the fault of exchanges, not the bitcoin protocol. If exchanges are properly coded, it presents no problem at all.


Ok guys, I've just contacted The Piratebay to ask them to add darkcoin to their list of donation possibilities. Also tweeted to Wikileaks.

He already answered...

Does this transaction malleability issue anyways affect the darkcoin transactions in the future?

I would say "transaction malleability" is more an issue of how 3rd parties implement the transactions than a coin/wallet problem

There were bugs in bitcoins reference implementation that the devs are fixing. I'll pull the changes in when they're done.
hero member
Activity: 658
Merit: 500
You guys are amazing - already over 1179 DRK raised to promote darkcoin.


+25 to take it over 1200
It's 1340 now... Not bad.

Edit: http://explorer.darkcoin.io/address/mgy4jEpC7Fiw1ahinhoHxVu5ep9yCmPjem

We do love our coin!

[wait, can I say our coin?]
sending 666 to take it over 2000.
full member
Activity: 168
Merit: 100
And while we're tossing out ideas, I had one earlier- (I know stop the presses) -about a multicoin wallet with DRK as the backbone if you will. This wallet could hold all of ones coins but the beauty is, you could use Darksend for any one of the coins. I'm envisioning a feature rich wallet that allows you to exchange your BTC to DRK with a few clicks and then using Darksend to complete the transaction. This "wallet" environment allows for quick and painless exchange of coins to DRK, adds the anonymity of Darksend, adds DRK to the "mixing pools" or "buckets" as they're described earlier and eliminates higher exchange rates and transaction fees normally accrued through regular exchange procedures. This "pie in the sky" wallet idea could gain the widespread adoption this coin is looking for by not only incorporating the use of any of the established coins which came before it, but also set it so far apart from anything out there that even clones wouldn't stand a chance. But hey, with no technical background in this field whatsoever, I'm not even sure any of that is possible. You want to talk about a difference maker though; from the average Joe's perspective, a "one wallet to rule them all" makes transactions a breeze.

One wallet to rule them all and with the Darksend bind them?

full member
Activity: 168
Merit: 100
You guys are amazing - already over 1179 DRK raised to promote darkcoin.


+25 to take it over 1200
It's 1340 now... Not bad.

Edit: http://explorer.darkcoin.io/address/mgy4jEpC7Fiw1ahinhoHxVu5ep9yCmPjem

We do love our coin!

[wait, can I say our coin?]
full member
Activity: 168
Merit: 100
Ah okay, from the previous pop up message, I was expecting to see some values that I could send or something like that. Kinda like "you can send 10DRK / 12.55 DRK" or something lol.

That's actually a good idea!  maybe next time eduffield can make a running total "available to darksend" somewhere on the wallet (there's tons of space) then people will also know when they need to denominate, which would keep people from constantly hitting that button and bloating the block chain Tongue

Or add an option to have the wallet denominate at either a set interval OR maintain a certain number of available darksend transactions.
hero member
Activity: 532
Merit: 500
I'm 5btc deep in this bitch

Amateur... If anyone is left holding the bag, it's gonna be me... ;-) 5btc? pft... I've got more money in DRK than most of you paid for your cars... :-p

I have to buy it. I sure won't be mining it, lol!

Haha , would love to see that wallet !
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