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Topic: Darkcoin main issue: 20% value taken on each block (Read 821 times)

PoS
full member
Activity: 223
Merit: 101
If you can be anything, be kind and fair
I have exited this game a while back because the system is just flawed.
Its no secret that some guys have 50+ or in the case of the dev hundreds of masternodes. The more nodes you have the faster you can set up another one for free. As you get more and more notes, time needed to get another note gets shorter with every masternote, this only accelerates until totally centralized. Why would you spent 6K USD when some other guy puts his feet up and does nothing for a little while and gets his note for free while i have to sent fresh fiat.
Having 1 or 2 notes gets you nowhere, so i got.
member
Activity: 83
Merit: 10
Cryptocurrency is a serious matter

funniest shit i read all day. thanks for the laugh.  Grin
So cryptocurrency is a (serious) matter? Please tell me how my posts are useless.
'matter' - physical substance in general, as distinct from mind and spirit; (in physics) that which occupies space and possesses rest mass, especially as distinct from energy.

Obviously you have no idea what a MN is, nor how DRK tackles anonymity the right way.

We have so many scam operations out there; This week elitecoin was found to have a hidden block; we have premined on almost all new coins added every week...


We must be sure that a coin does the right thing. Real anonymity is a true enhancement, I've checked what was done with darkcoin; And the choices done, can't go anywhere. And when we read the official thread the 20% fee is the main, and only interest, for a lot of posts.

Anyway a good implementation can be done using a tor like network operation, and using a modified POS scheme to mix the coins.

The current implement ion is centralized, and the anonymity added is very low. We can say that this feature misses the official goal.
legendary
Activity: 2674
Merit: 2965
Terminated.
Cryptocurrency is a serious matter

funniest shit i read all day. thanks for the laugh.  Grin
So cryptocurrency is a (serious) matter? Please tell me how my posts are useless.
'matter' - physical substance in general, as distinct from mind and spirit; (in physics) that which occupies space and possesses rest mass, especially as distinct from energy.

Obviously you have no idea what a MN is, nor how DRK tackles anonymity the right way.
sr. member
Activity: 280
Merit: 250
Cryptocurrency is a serious matter

funniest shit i read all day. thanks for the laugh.  Grin
member
Activity: 104
Merit: 10
I was here in 2013... And I hate filling posts to say nothing... This is what you are doing all along.

Cryptocurrency is a serious matter, and the value is given by the POW or POS process properly implemented.

When the implementation aims an other goal, this is the case of darkcoin, describing it is not FUD, but reality... And anonymity word,  is used only ,to reach an other goal...

+1
member
Activity: 83
Merit: 10
I was here in 2013... And I hate filling posts to say nothing... This is what you are doing all along.

Cryptocurrency is a serious matter, and the value is given by the POW or POS process properly implemented.

When the implementation aims an other goal, this is the case of darkcoin, describing it is not FUD, but reality... And anonymity word,  is used only ,to reach an other goal...
legendary
Activity: 2674
Merit: 2965
Terminated.
Another one that fill the official darkcoin thread with nonsense, and useless posts.

The instamine, or premine you may call that investment too? Anyway scam features are not FUD, but a simple reality...
Quote
Activity: 71
Posts: 73
Newbie compare that to


I'm not filling the thread with nonsense, I fight off the trolls from time to time. Exactly how is this a scam feature? 20% is not being given to the developer or anyone in particular. You could be getting a piece of that 20% if you set up a MN yourself. Stop complaining.
member
Activity: 83
Merit: 10
I was scared to invest cuz of insta mine

We must support only good coins.
member
Activity: 83
Merit: 10
I was scared to invest cuz of insta mine
Puppet account trying to spread FUD?
Those people who own MNs invested far more than what you did with your miners so shut up.
This is not an issue.

Another one that fill the official darkcoin thread with nonsense, and useless posts.

The instamine, or premine you may call that investment too? Anyway scam features are not FUD, but a simple reality...
legendary
Activity: 2674
Merit: 2965
Terminated.
I was scared to invest cuz of insta mine
Puppet account trying to spread FUD?
Those people who own MNs invested far more than what you did with your miners so shut up.
This is not an issue.
legendary
Activity: 1036
Merit: 1000
Proof of service.

Way of the future. Do your research. Stop the fud
member
Activity: 70
Merit: 10
I was scared to invest cuz of insta mine
member
Activity: 83
Merit: 10
You will find some explanations here: https://bitcointalksearch.org/topic/pools-that-pay-20-more-for-mining-darkcoin-688510

There is a lot of scam operations... Some insights is always better...
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