Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6735. (Read 9723537 times)

Quote from: yesiam6 on March 01, 2014, 04:04:54 AM

Hate to bring this up again but I don't think the name really matters in the long run. General users will probably call all cryptocurrencies Bitcoin if they ever bring up a transaction in conversation. It will be the Hoover or Kleenex of crypto. They'll say, "I paid with Bitcoin" even if they used DarkCoin or LiteCoin.

It will just be a brand name to them and they'll use the one that best suits their needs. If they don't like their transactions being public knowledge, I think they'll use DarkCoin, otherwise they'll use Bitcoin.

I disagree.
The media, the logo on the site "darkcoin accepted", all that implies for my mum, my collegues, my neighbour a much more evil coin than silent-coin/secret-coin/private-coin.
I think it's the only (but important) flaw of that coin.

I definitely think it could be better. PrivateCoin is a much more fitting. But I just don't think it will be too much of a problem. Not every association with dark is bad. With a better logo and professional branding, it wouldn't be a problem.

also, brands can shake off stigma. people still drink coca cola even though the company once used cocaine in the drink.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

can we please change the coin name to rainbowcoin?

and we could call the sgminer mylittleponyminer

mannie

full member

Activity: 168

Merit: 100

Quote from: boubou on March 01, 2014, 04:02:09 AM

Hate to bring this up again but I don't think the name really matters in the long run. General users will probably call all cryptocurrencies Bitcoin if they ever bring up a transaction in conversation. It will be the Hoover or Kleenex of crypto. They'll say, "I paid with Bitcoin" even if they used DarkCoin or LiteCoin.

It will just be a brand name to them and they'll use the one that best suits their needs. If they don't like their transactions being public knowledge, I think they'll use DarkCoin, otherwise they'll use Bitcoin.

I disagree.
The media, the logo on the site "darkcoin accepted", all that implies for my mum, my collegues, my neighbour a much more evil coin than silent-coin/secret-coin/private-coin.
I think it's the only (but important) flaw of that coin.

I definitely think it could be better. PrivateCoin is a much more fitting. But I just don't think it will be too much of a problem. Not every association with dark is bad. With a better logo and professional branding, it wouldn't be a problem.

yesiam6

hero member

Activity: 1036

Merit: 520

1KoMmKPMG6xaWcqB8CPP3WJ8avRSVRHtP2

can we please change the coin name to rainbowcoin?

boubou

full member

Activity: 196

Merit: 100

Hate to bring this up again but I don't think the name really matters in the long run. General users will probably call all cryptocurrencies Bitcoin if they ever bring up a transaction in conversation. It will be the Hoover or Kleenex of crypto. They'll say, "I paid with Bitcoin" even if they used DarkCoin or LiteCoin.

It will just be a brand name to them and they'll use the one that best suits their needs. If they don't like their transactions being public knowledge, I think they'll use DarkCoin, otherwise they'll use Bitcoin.

I disagree.
The media, the logo on the site "darkcoin accepted", all that implies for my mum, my collegues, my neighbour a much more evil coin than silent-coin/secret-coin/private-coin.
I think it's the only (but important) flaw of that coin.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from email:

Quote

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Canada

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Support OVH
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Email: [email protected]

Lotterymining.com is ddos protected, stop wasting your time again!

cflocation

sr. member

Activity: 327

Merit: 250

it's a hardware thing!

Quote from: chompyZ on March 01, 2014, 03:04:58 AM

Hate to bring this up again but I don't think the name really matters in the long run. General users will probably call all cryptocurrencies Bitcoin if they ever bring up a transaction in conversation. It will be the Hoover or Kleenex of crypto. They'll say, "I paid with Bitcoin" even if they used DarkCoin or LiteCoin.

It will just be a brand name to them and they'll use the one that best suits their needs. If they don't like their transactions being public knowledge, I think they'll use DarkCoin, otherwise they'll use Bitcoin.

Yes I can see that. Hell I always tell people I am mining bitcoins even though it's alt coins. It's just easier and they know what bitcoins are for the most part

mannie

full member

Activity: 168

Merit: 100

Hate to bring this up again but I don't think the name really matters in the long run. General users will probably call all cryptocurrencies Bitcoin if they ever bring up a transaction in conversation. It will be the Hoover or Kleenex of crypto. They'll say, "I paid with Bitcoin" even if they used DarkCoin or LiteCoin.

It will just be a brand name to them and they'll use the one that best suits their needs. If they don't like their transactions being public knowledge, I think they'll use DarkCoin, otherwise they'll use Bitcoin.

AlexGR

legendary

Activity: 1708

Merit: 1049

Btw, the block explorer still has references to XCO and the old logo.

For example: http://explorer.darkcoin.io/address/XjsMz3qQUiRRTe6vTYcaHHbyHwV3yDdBik

Btw, I am curious to see how the block explorer operates with DarkSend transactions... what would it show...

I also had a thought on what would happen if a 51% malicious attack tampered with DarkSend transactions on the network. Would the problems be any different than tampering with casual transactions or could this lead to uncalculated consequences? Just throwing possible ideas around for bulletproofing...

elbereth

newbie

Activity: 54

Merit: 0

I created a small wiki for french speaking community explaining Darkcoin.
It still need work but I think we can spread the coin knowledge with it.

http://wiki.darkcoin.fr

I will try to have the Linux part done today.

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: eizh on March 01, 2014, 02:58:37 AM

Quote from: bestsponsor on March 01, 2014, 02:33:28 AM

Darkcoin also resistant to multipool.
This is a very important quality which have to be declared at the title of the topic and on the website.

The fact that its diff algorithm really help with that too

A completely newbie question here, but can anyone explain please what a multipool is, and in what way it differs from a 'regular' pool, and why it is important/relevant to be resistant to it?
If I do not understand these fundamentals, I expect that many average joes will not understand such titles either. thank you.

Multipools hop between coins and mine the most profitable one at any given time. The idea is to sell for BTC.

The trouble comes about because they're huge (10+ GH/s) and when they hop onto a tiny coin, the difficulty spikes for that coin. Difficulty is how long it takes to solve blocks, i.e. make the network progress over time. Eventually the multipool hops to another coin and leaves the old coin with a huge difficulty. The small mining community has a hard time progressing and is basically "stuck".

Got it !!!
thnx.
one last question - when you say a multipool jumps with all its hash power from one coin to a 'more profitable' coin, does the pool take into account [automatically that is] the trading volume of that 'profitable coin', or only its last traded price?
thanks again.

It depends if the multipool operator has included such parameters on his setup. I've seen multipools taking the bait from troll-offers that make a coin appear more profitable to mine than it actually is.

ozkraut

sr. member

Activity: 522

Merit: 266

All in ! Except for a bit of BTC all is DRK around me now. This one is a keeper. I think.....

chompyZ

sr. member

Activity: 291

Merit: 250

Quote from: eizh on March 01, 2014, 02:58:37 AM

Quote from: bestsponsor on March 01, 2014, 02:33:28 AM

Darkcoin also resistant to multipool.
This is a very important quality which have to be declared at the title of the topic and on the website.

The fact that its diff algorithm really help with that too

A completely newbie question here, but can anyone explain please what a multipool is, and in what way it differs from a 'regular' pool, and why it is important/relevant to be resistant to it?
If I do not understand these fundamentals, I expect that many average joes will not understand such titles either. thank you.

Multipools hop between coins and mine the most profitable one at any given time. The idea is to sell for BTC.

The trouble comes about because they're huge (10+ GH/s) and when they hop onto a tiny coin, the difficulty spikes for that coin. Difficulty is how long it takes to solve blocks, i.e. make the network progress over time. Eventually the multipool hops to another coin and leaves the old coin with a huge difficulty. The small mining community has a hard time progressing and is basically "stuck".

Got it !!!
thnx.
one last question - when you say a multipool jumps with all its hash power from one coin to a 'more profitable' coin, does the pool take into account [automatically that is] the trading volume of that 'profitable coin', or only its last traded price?
thanks again.

eizh

hero member

Activity: 560

Merit: 500

Quote from: bestsponsor on March 01, 2014, 02:33:28 AM

Darkcoin also resistant to multipool.
This is a very important quality which have to be declared at the title of the topic and on the website.

The fact that its diff algorithm really help with that too

A completely newbie question here, but can anyone explain please what a multipool is, and in what way it differs from a 'regular' pool, and why it is important/relevant to be resistant to it?
If I do not understand these fundamentals, I expect that many average joes will not understand such titles either. thank you.

Multipools hop between coins and mine the most profitable one at any given time. The idea is to sell for BTC.

The trouble comes about because they're huge (10+ GH/s) and when they hop onto a tiny coin, the difficulty spikes for that coin. Difficulty is how long it takes to solve blocks, i.e. make the network progress over time. Eventually the multipool hops to another coin and leaves the old coin with a huge difficulty. The small mining community has a hard time progressing and is basically "stuck".

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: bestsponsor on March 01, 2014, 02:33:28 AM

Darkcoin also resistant to multipool.
This is a very important quality which have to be declared at the title of the topic and on the website.

The fact that its diff algorithm really help with that too

A completely newbie question here, but can anyone explain please what a multipool is, and in what way it differs from a 'regular' pool, and why it is important/relevant to be resistant to it?
If I do not understand these fundamentals, I expect that many average joes will not understand such titles either. thank you.

a multipool, is a pool that jumps from mining one coin, to mining the next coin, its all automated, reasons for jumping is to maximize earnings.

all in all by it self quite nice, from a miners view.

the problem is often, that when a pool moves in on a new coin, rape it more or less, so the coins miners wont get so many coins, and without kimotos gravity well, would often leave that coin with an impossible high difficulty level

chompyZ

sr. member

Activity: 291

Merit: 250