Topic: Darkcoin Releases v0.11.1 - InstantX Release (Read 1576 times)

wow this is great, now let's see what will be the price for grand

K will check there then. Thanks for your time

good to hear your looking to do a writeup on Darkcoin, i would advice you to post on the Darkcointalk forum as a lot of members of the darkcoin development team hang out there and they can give you all the specifics you may need for your article ..

 

Thanks, I was looking to do a write up on it, should I discuss this in private with you or do you suggest I take it over to the main thread/forum?

yes, InstantX is run as a service on top of the masternode network. Other services are being developed as well that will function as services on top of the masternode network, for example 2 Factor Authentication (2FA) creating more security for your local wallets on blockchain level and other services that most of us havent probably  thought of yet. These services will indeed leverage the masternode network (meaning they will maximize the potential of the masternode network)

If you or anyone else have (further) questions dont hesitate to ask them in our forums, you normally get a fast and detailed reply there..

https://bitcointalk.org/index.php?topic=421615.82840
https://darkcointalk.org/

    

So basically what I'm seeing is that FULL confirmations are instant due to leveraging the masternode network? Anything else/anyone can explain it in little more detail via PM or here?

i was impressed when i sent couple of coins via InstantX ... 

no more waiting!!!!!!!!!!

Awesome to see that true innovation going on here in a sea of shit coins. Dark is one of the true blue crypto coins that is constantly improving. Dark in my eyes has the most true real world use over btc. Dark is the coin everyone thought btc was when it first came out.

Nice stuff, will be trying this out

You mean no instamine 

There's always someone trying to peddle their largest bag that they're currently holding. 

Sure thing... but does it have

* No pre-mine
* Super secure hashing
9 rounds of hashing from 6 hashing functions
(blake, bmw, groestl, jh, keccak, skein)
3 rounds apply a random hashing function
* CPU / GPU mining
* Quick block generation: 30 seconds
* 2048 GetGems per block (halving every 60480 blocks ~ 3 weeks)
* Block reward will never drop below 1 GetGem
* Total of 247 million GetGems will be mined in ~ 6 months, after that ~ 1 million GetGems p.a. (~ 0.5% p.a inflation)
* Difficulty re-targets every 20 blocks (maximum 10% up or 50% down)

GetGems does it instantly while being more user friendly with no addresses, soon with zero fees too.

Good news evan, we're noy skyrocketing..... Mooonnnn here we come

Big developments going on here for Dark congratulations to the community and the development team for creating such a good project excited for the future.

yeah, they all did a great job with this update.

Crypto history in the making!

Congrats to Evan and Darkcoin Team for never ceasing to stop innovating!

EDIT: Just tried InstantX on mainnet - 4 seconds full confirmation muahahahahaha

i even read Masternode confirmations of 3.5 seconds by someone. InstantX is turning out to be very .. instant
Also almost 1/3 of the Masternodes (total Masternodes is 2000+) has upgraded already. This is update is implemented
on the network very fast.  

TLDR; Transaction's are confirmed in about five seconds.

...That's pretty quick.

https://darkcointalk.org/threads/v0-11-1-instantx-release.3923/



We are excited to announce the release of Darkcoin Core v0.11.1! We have decided to push out InstantX in a separate release because it’s working perfectly on testnet and our other changes to the masternode network will take some time to complete.


This release includes a full implementation of InstantX, a new version of enforcement that works with the updated Bitcoin architecture, huge improvements to Darksend, many more languages supported, lower bandwidth usage and a fully implemented sporking framework.


For more information about how InstantX works, checkout our whitepaper: https://www.darkcoin.io/wp-content/uploads/2014/09/InstantTX.pdf

Hard Fork

This release implements two hard forks, so all users must update ASAP. The network will fork in 1 week or when 80% of miners have updated.

InstantX

v0.11.1 utilizes a fully implemented version of InstantX. To try InstantX, use the QT wallet and simply click the “InstantX” checkbox when sending money. Funds send using InstantX will gain 5 masternode-level confirmations within seconds from the network, then within an average of 1.25 minutes a 6th block-level confirmation will make funds spendable on most websites.

InstantX is automatically enabled and this means when using the daemon, the API will show transactions as confirmed as soon as the masternode network successfully locks them in place.

To disable InstantX, simply start the daemon/client with --instantxdepth=0. This will be the equivalent of running in a pure proof-of-work mode.

InstantX does not support sending via the API at this point. This will be included in a future version.

InstantX Tutorial

To use InstantX, simply check the “InstantX” box, then send money normally.



On the transaction screen, it should update within a few seconds from the question mark icon to the clock



To see more information about the state of InstantX, double click the transaction.

Possible messages include:
“Verified via InstantX”: This means network locks are in place and the money is safe
“InstantX verification in progress - X of 25 signatures” : This means the network is currently processing your transaction and your client is waiting on more signatures from masternodes
“InstantX verification failed” : The network failed to validate the transaction. In this case, normal proof-of-work will occur.




Requirements / Feature Breakdown:
•Inputs used must have 5 block-level confirmations in order to send via IX
•To lock a transaction via IX, 15 of 25 elected masternodes must respond by voting
•Transaction locks are lost when restarting the client and only last for an hour
•Transactions must pay a fee of 0.01 DRK to use IX
•Once a transaction lock is in place, conflicting transactions will be rejected if in blocks or relayed as a normal transaction.
•InstantX is designed to work nearly all of the time. I expect it will work on about 98%+ of transactions in it’s present form. If it fails, the transaction will simply fall back to normal proof of work.

DarkSend
Various improvements have been made to Darksend, such as the fully implemented “DSTX” message. This means that when anonymizing funds, Darksend transactions are first class citizens in miner’s blocks and will be included immediately. Other stability issues were also fixed.

Enforcement

v11.0’s implementation of enforcement was not compatible with the newer Bitcoin architure. Recently we moved from the Litecoin code base, to the new Bitcoin codebase. This exposed some edge cases within the Bitcoin code that caused enforcement to stop working consistently.

This has been fixed in v11.1, but will require all users update so we remain on the same fork. Enforcement will be activated as soon as 80% of the network has updated (usually a couple days).

Language Support

Thanks to Vertoe and the community for spear heading this project, the client now fully supports over 20 languages such as Portuguese, German, Russian, Polish, Spanish, Vietnamese, French, Italian, Catalan, Chinese, Danish, Finnish, Swedish, Czech, Turkish and Bavarian (and many more).

Full release notes:

https://github.com/darkcoin/darkcoin/blob/master/doc/release-notes/release-notes-0.11.1.md


Downloads
11.1.19 Core - All Users

Source: https://github.com/darkcoin/darkcoin

Links to the binaries can be found here : https://darkcointalk.org/threads/v0-11-1-instantx-release.3923/