Not sure if any of this is a coordinated effort to steer miners to coinmine.pl, but who doesn't love a good conspiracy theory. 
Well maybe we should coordinate an effort to steer miners away from coinmine.pl if you catch my drift.
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6776. (Read 9723522 times)
February 25, 2014, 08:07:13 PM
Well maybe we should coordinate an effort to steer miners away from coinmine.pl if you catch my drift.
February 25, 2014, 08:02:16 PM
LISTEN UP
The coinmine pool at https://www2.coinmine.pl/drk/index.php has 80% of the total hashrate
80% of total hashrate!
We absolutely need to spread out the power to other pools, look at the list on www.darkcoin.io or all the new pools people are posting and change your miners. To the official pool at least which the devs control.
I don't want to spread FUD and accusations but there has been a lot of weird stuff happening these days. Part of it can be explained by the C-CEX.com hacks which put a ton of DRK on the market to be dumped on poloniex. But maybe, just maybe, the biggest pool is authoring double spends and sending fake DRK to be dumped. I'm very sorry to even bring this up if it's false and I mean no offense but it's something to consider. Someone may be draining DRK for all it's worth. Or someone (competitor?) may be intentionally investing in bringing down DRK as well but at least we can power through that.
If the coinmine pool owner reads this, please respond in any way possible, no offense was meant.
One thing is for sure, DRK is under attack by someone who wants to A) Destroy it and bring the price down while they bring out their competitor B) Lower the price insanely and then buy it all up, which makes no sense since they already have tons of coins.
The coinmine pool at https://www2.coinmine.pl/drk/index.php has 80% of the total hashrate
80% of total hashrate!
We absolutely need to spread out the power to other pools, look at the list on www.darkcoin.io or all the new pools people are posting and change your miners. To the official pool at least which the devs control.
I don't want to spread FUD and accusations but there has been a lot of weird stuff happening these days. Part of it can be explained by the C-CEX.com hacks which put a ton of DRK on the market to be dumped on poloniex. But maybe, just maybe, the biggest pool is authoring double spends and sending fake DRK to be dumped. I'm very sorry to even bring this up if it's false and I mean no offense but it's something to consider. Someone may be draining DRK for all it's worth. Or someone (competitor?) may be intentionally investing in bringing down DRK as well but at least we can power through that.
If the coinmine pool owner reads this, please respond in any way possible, no offense was meant.
One thing is for sure, DRK is under attack by someone who wants to A) Destroy it and bring the price down while they bring out their competitor B) Lower the price insanely and then buy it all up, which makes no sense since they already have tons of coins.
Yeah, I'm not pointing fingers either, but someone is seriously manipulating this coin, and its getting real old real fast. I don't know how to get to the bottom of this, but it looks really bad when the price is all over the place like it has been. Having 80% of the hashrate in one pool is awful damn suspicious. I'll just leave it at that.
February 25, 2014, 08:00:56 PM
With so much talk about open/closed source, I've decided to make a poll on the issue. It probably won't solve the debate but I think it will be interesting.
Personally, I favour opening only after DRK has had a chance to become the standard for anonymous transactions. Maybe the developers could let a select few third parties see the code before it becomes open source and verify it?
Here's the poll. These seem to be the three most popular responses, from what I've read. Before you ask, it only allows one vote each!
http://poll.pollcode.com/33531934
I liked it... Very democratic I did the 12th vote.. Personally, I favour opening only after DRK has had a chance to become the standard for anonymous transactions. Maybe the developers could let a select few third parties see the code before it becomes open source and verify it?
Here's the poll. These seem to be the three most popular responses, from what I've read. Before you ask, it only allows one vote each!
http://poll.pollcode.com/33531934
February 25, 2014, 07:56:07 PM
Eduffield, Any chance we can get this diff/reward stuff explained?
With all the forks it is hard to tell if the halving is being used and when it begins. Best thing to stop the potential spread of FUD is an official statement and explanation.
With all the forks it is hard to tell if the halving is being used and when it begins. Best thing to stop the potential spread of FUD is an official statement and explanation.
It's really pretty simple, we're capped at 25DRK per 2.5 minutes, that's 210240*25 per year, so broken down yearly:
Year 1: 5,256,000
Year 2: 2,628,000
Year 3: 1,314,000
etc
So in ten years we'll have maybe 10 million coins in existence. It's a very scarce resource and is designed to gain/keep it's value.
February 25, 2014, 07:46:55 PM
LISTEN UP
The coinmine pool at https://www2.coinmine.pl/drk/index.php has 80% of the total hashrate
80% of total hashrate!
We absolutely need to spread out the power to other pools, look at the list on www.darkcoin.io or all the new pools people are posting and change your miners. To the official pool at least which the devs control.
I don't want to spread FUD and accusations but there has been a lot of weird stuff happening these days. Part of it can be explained by the C-CEX.com hacks which put a ton of DRK on the market to be dumped on poloniex. But maybe, just maybe, the biggest pool is authoring double spends and sending fake DRK to be dumped. I'm very sorry to even bring this up if it's false and I mean no offense but it's something to consider. Someone may be draining DRK for all it's worth. Or someone (competitor?) may be intentionally investing in bringing down DRK as well but at least we can power through that.
If the coinmine pool owner reads this, please respond in any way possible, no offense was meant.
One thing is for sure, DRK is under attack by someone who wants to A) Destroy it and bring the price down while they bring out their competitor B) Lower the price insanely and then buy it all up, which makes no sense since they already have tons of coins.
The coinmine pool at https://www2.coinmine.pl/drk/index.php has 80% of the total hashrate
80% of total hashrate!
We absolutely need to spread out the power to other pools, look at the list on www.darkcoin.io or all the new pools people are posting and change your miners. To the official pool at least which the devs control.
I don't want to spread FUD and accusations but there has been a lot of weird stuff happening these days. Part of it can be explained by the C-CEX.com hacks which put a ton of DRK on the market to be dumped on poloniex. But maybe, just maybe, the biggest pool is authoring double spends and sending fake DRK to be dumped. I'm very sorry to even bring this up if it's false and I mean no offense but it's something to consider. Someone may be draining DRK for all it's worth. Or someone (competitor?) may be intentionally investing in bringing down DRK as well but at least we can power through that.
If the coinmine pool owner reads this, please respond in any way possible, no offense was meant.
One thing is for sure, DRK is under attack by someone who wants to A) Destroy it and bring the price down while they bring out their competitor B) Lower the price insanely and then buy it all up, which makes no sense since they already have tons of coins.
Yeah, I'm not pointing fingers either, but someone is seriously manipulating this coin, and its getting real old real fast. I don't know how to get to the bottom of this, but it looks really bad when the price is all over the place like it has been. Having 80% of the hashrate in one pool is awful damn suspicious. I'll just leave it at that.
February 25, 2014, 07:45:43 PM
Eduffield, Any chance we can get this diff/reward stuff explained?
With all the forks it is hard to tell if the halving is being used and when it begins. Best thing to stop the potential spread of FUD is an official statement and explanation.
With all the forks it is hard to tell if the halving is being used and when it begins. Best thing to stop the potential spread of FUD is an official statement and explanation.
February 25, 2014, 07:45:16 PM
another big dump just happened on poloniex
down to 0.0005 ... what .. the .. fuck
Could be thief from c-cex dumping last of of the DRK they made of with?
Clearly a thief, otherwise why dump 40k in only one exchange instead of dump small amounts in every exchange and get more BTC?
February 25, 2014, 07:41:49 PM
With so much talk about open/closed source, I've decided to make a poll on the issue. It probably won't solve the debate but I think it will be interesting.
Personally, I favour opening only after DRK has had a chance to become the standard for anonymous transactions. Maybe the developers could let a select few third parties see the code before it becomes open source and verify it?
Here's the poll. These seem to be the three most popular responses, from what I've read. Before you ask, it only allows one vote each!
http://poll.pollcode.com/33531934
Personally, I favour opening only after DRK has had a chance to become the standard for anonymous transactions. Maybe the developers could let a select few third parties see the code before it becomes open source and verify it?
Here's the poll. These seem to be the three most popular responses, from what I've read. Before you ask, it only allows one vote each!
http://poll.pollcode.com/33531934
February 25, 2014, 07:38:51 PM
from 42coin
-----------------------------------------
if(nHeight == 424242)
{
nSubsidy = 0.00042 * COIN;
}
if(nHeight >= 990382) // stops generation of more coins
{
nSubsidy = 0 * COIN;
}
return nSubsidy + nFees;
want this ?
-----------------------------------------
if(nHeight == 424242)
{
nSubsidy = 0.00042 * COIN;
}
if(nHeight >= 990382) // stops generation of more coins
{
nSubsidy = 0 * COIN;
}
return nSubsidy + nFees;
want this ?
After 990382 block reward will be 0 + transaction fees.
February 25, 2014, 07:35:26 PM
You do realize that there are about 80 million coins still to be mined, right? It will take awhile, but eventually things will even out.
It'll never reach 80 millions
| Year | Blocks a year | Max reward per block | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 3.125 | 657000 | 8541000 |
| 3 | 210240 | 0.390625 | 82125 | 8623125 |
| 4 | 210240 | 0.024414063 | 5132.8125 | 8628257.813 |
| 5 | 210240 | 0.000762939 | 160.4003906 | 8628418.213 |
| 6 | 210240 | 1.19209E-05 | 2.506256104 | 8628420.719 |
Shouldn't it be 25, 12.5, 6.25, 3.125, 1.5625 etc? (/2, then /2, then /2... halving as I understand it means /2)
Yes, I made a mistake.
The corrected table:
| Year | Blocks a year | Max reward | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 6.25 | 1314000 | 9198000 |
| 3 | 210240 | 3.125 | 657000 | 9855000 |
| 4 | 210240 | 1.5625 | 328500 | 10183500 |
| 5 | 210240 | 0.78125 | 164250 | 10347750 |
| 6 | 210240 | 0.390625 | 82125 | 10429875 |
| 7 | 210240 | 0.1953125 | 41062.5 | 10470937.5 |
| 8 | 210241 | 0.09765625 | 20531.34766 | 10491468.85 |
| 9 | 210242 | 0.048828125 | 10265.72266 | 10501734.57 |
Since halving is every year, total amount of coins is limited by 2x of what produced in first year, so it's definitely not 84 millions.
Code:
from 42coin
-----------------------------------------
if(nHeight == 424242)
{
nSubsidy = 0.00042 * COIN;
}
if(nHeight >= 990382) // stops generation of more coins
{
nSubsidy = 0 * COIN;
}
return nSubsidy + nFees;
want this ?
February 25, 2014, 07:33:42 PM
Quote from: buryat
Oh god... just stop, you've lost all credibility
if(nHeight >= 17000 && dDiff > 75) { // GPU/ASIC difficulty calc
// 2222222/(((x+2600)/9)^2)
nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
if (nSubsidy > 25) nSubsidy = 25;
if (nSubsidy < 5) nSubsidy = 5;
} else { // CPU mining calc
nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 25) nSubsidy = 25;
}
See that little if subsidy < 5 nsubsidy =5 ? THAT MEANS THE MINIMUM IS 5 , Max is 25.
Now kindly leave. 5 x 24 blocks per hour x 24 hours x 365 days = 1 051 200 , which means even at lowest block reward we'll reach 84 million before bitcoin reaches 21 million.
You don't understand the code, I pointed at the exact line:
Quote
// Subsidy is cut in half every 210240 blocks, which will occur approximately every year
nSubsidy >>= (nHeight / 210240); // DarkCoin: 210k blocks in 1 year
nSubsidy >>= (nHeight / 210240); // DarkCoin: 210k blocks in 1 year
You're right, I don't understand code and I probably made a mistake. I know that the minimum for the current reward is 5 even after reaching a maximum difficulty for the function. After that the halving puts it at 2.5 for the minimum then? Since that isn't indicated anywhere it seems.
But even after all that, why are you attacking this coin, the distribution is unfair to you? You should go mine and encourage something else then. What's the problem.
February 25, 2014, 07:29:50 PM
Quote from: buryat
Oh god... just stop, you've lost all credibility
if(nHeight >= 17000 && dDiff > 75) { // GPU/ASIC difficulty calc
// 2222222/(((x+2600)/9)^2)
nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
if (nSubsidy > 25) nSubsidy = 25;
if (nSubsidy < 5) nSubsidy = 5;
} else { // CPU mining calc
nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 25) nSubsidy = 25;
}
See that little if subsidy < 5 nsubsidy =5 ? THAT MEANS THE MINIMUM IS 5 , Max is 25.
Now kindly leave. 5 x 24 blocks per hour x 24 hours x 365 days = 1 051 200 , which means even at lowest block reward we'll reach 84 million before bitcoin reaches 21 million.
You don't understand the code, I pointed at the exact line:
Quote
// Subsidy is cut in half every 210240 blocks, which will occur approximately every year
nSubsidy >>= (nHeight / 210240); // DarkCoin: 210k blocks in 1 year
nSubsidy >>= (nHeight / 210240); // DarkCoin: 210k blocks in 1 year
February 25, 2014, 07:28:47 PM
anonymousxx1503, do you can read all code!? and understand reward algo!?
this line decrase x2 reward any year.
this line decrase x2 reward any year.
Code:
// Subsidy is cut in half every 210240 blocks, which will occur approximately every year
nSubsidy >>= (nHeight / 210240); // DarkCoin: 210k blocks in 1 year
February 25, 2014, 07:27:56 PM
So much FUD, so much price manipulation. Someone is seriously threatened by darkcoin. Sounds like we're on the right track.
February 25, 2014, 07:26:25 PM
You do realize that there are about 80 million coins still to be mined, right? It will take awhile, but eventually things will even out.
It'll never reach 80 millions
| Year | Blocks a year | Max reward per block | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 3.125 | 657000 | 8541000 |
| 3 | 210240 | 0.390625 | 82125 | 8623125 |
| 4 | 210240 | 0.024414063 | 5132.8125 | 8628257.813 |
| 5 | 210240 | 0.000762939 | 160.4003906 | 8628418.213 |
| 6 | 210240 | 1.19209E-05 | 2.506256104 | 8628420.719 |
I think at this point people need to stop listening to you, you clearly have no clue. Minimum block reward is not a fraction. It's 5 or 10 coins, don't remember which.
https://github.com/evan82/darkcoin/tree/master/src
main.cpp line 1108
Oh god... just stop, you've lost all credibility
if(nHeight >= 17000 && dDiff > 75) { // GPU/ASIC difficulty calc
// 2222222/(((x+2600)/9)^2)
nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
if (nSubsidy > 25) nSubsidy = 25;
if (nSubsidy < 5) nSubsidy = 5;
} else { // CPU mining calc
nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 25) nSubsidy = 25;
}
See that little if subsidy < 5 nsubsidy =5 ? Minimum reward is 5 , Max is 25.
February 25, 2014, 07:25:54 PM
You do realize that there are about 80 million coins still to be mined, right? It will take awhile, but eventually things will even out.
It'll never reach 80 millions
| Year | Blocks a year | Max reward per block | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 3.125 | 657000 | 8541000 |
| 3 | 210240 | 0.390625 | 82125 | 8623125 |
| 4 | 210240 | 0.024414063 | 5132.8125 | 8628257.813 |
| 5 | 210240 | 0.000762939 | 160.4003906 | 8628418.213 |
| 6 | 210240 | 1.19209E-05 | 2.506256104 | 8628420.719 |
Shouldn't it be 25, 12.5, 6.25, 3.125, 1.5625 etc? (/2, then /2, then /2... halving as I understand it means /2)
Yes, I made a mistake.
The corrected table:
| Year | Blocks a year | Max reward | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 6.25 | 1314000 | 9198000 |
| 3 | 210240 | 3.125 | 657000 | 9855000 |
| 4 | 210240 | 1.5625 | 328500 | 10183500 |
| 5 | 210240 | 0.78125 | 164250 | 10347750 |
| 6 | 210240 | 0.390625 | 82125 | 10429875 |
| 7 | 210240 | 0.1953125 | 41062.5 | 10470937.5 |
| 8 | 210241 | 0.09765625 | 20531.34766 | 10491468.85 |
| 9 | 210242 | 0.048828125 | 10265.72266 | 10501734.57 |
Since halving is every year, total amount of coins is limited by 2x of what produced in first year, so it's definitely not 84 millions.
February 25, 2014, 07:19:23 PM
What file?
main.cpp 
February 25, 2014, 07:18:26 PM
3.5 Mil. coins mined. And now mining 23 coins per 2.5 minutes, it's about 12000 coins per day, it's about 430 000 per year.
12k x 365 days = 4.38 million coins
yeah. But it's not 80Mil.
It wasn't supposed to release everything in the first year like DOGE.
February 25, 2014, 07:17:46 PM
You do realize that there are about 80 million coins still to be mined, right? It will take awhile, but eventually things will even out.
It'll never reach 80 millions
| Year | Blocks a year | Max reward per block | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 3.125 | 657000 | 8541000 |
| 3 | 210240 | 0.390625 | 82125 | 8623125 |
| 4 | 210240 | 0.024414063 | 5132.8125 | 8628257.813 |
| 5 | 210240 | 0.000762939 | 160.4003906 | 8628418.213 |
| 6 | 210240 | 1.19209E-05 | 2.506256104 | 8628420.719 |
As far as I know the halving was removed when the GPU diff was forked in and the minimum was set at 5 coins... maybe the dev can clear this up?
February 25, 2014, 07:16:56 PM
You do realize that there are about 80 million coins still to be mined, right? It will take awhile, but eventually things will even out.
It'll never reach 80 millions
| Year | Blocks a year | Max reward per block | Coins a year | Total coins |
| 0 | 210240 | 25 | 5256000 | 5256000 |
| 1 | 210240 | 12.5 | 2628000 | 7884000 |
| 2 | 210240 | 3.125 | 657000 | 8541000 |
| 3 | 210240 | 0.390625 | 82125 | 8623125 |
| 4 | 210240 | 0.024414063 | 5132.8125 | 8628257.813 |
| 5 | 210240 | 0.000762939 | 160.4003906 | 8628418.213 |
| 6 | 210240 | 1.19209E-05 | 2.506256104 | 8628420.719 |
I think at this point people need to stop listening to you, you clearly have no clue. Minimum block reward is not a fraction. It's 5 or 10 coins, don't remember which.
https://github.com/evan82/darkcoin/tree/master/src
line 1108
What file?
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