Topic: DyslexicZombei's Darkcoin Community MasterNode Svcs: CLOSED. Nodes 2 4 5 Refunds - page 11. (Read 27976 times)

New batch Three Reservations are Closed. Only those that contacted me offsite for the first time yesterday will get a 24 hour extension to 9PM HST tonight.

After that: partial node set ups will be completely closed until the backlog of first Batch of Full Nodes clears from the daughter thread for Full nodes that this thread spawned.

Thanks bregge. Noted, Mahalo and Welcome Aboard! We should be fine, as there's a few more that might straggle in (late PMs on other sites) and Otoh has offered to fill up any partial nodes left hanging.

Also: I posted the FULL NODE thread but there's not much info yet because we know little at this point: https://bitcointalksearch.org/topic/dzs-darkcoin-masternode-services-for-full-node-owners-min-1k-drk-batch2-open-658285

As you hear about the cold storage setup for full nodes, please feel free to share anything new you learn with the rest of us. 

250drk send some hours ago,check PM
Transaktions-ID: 9ab5810fcec1e54338c2f355ce025e08841dfccb92db3d1740269bf33813fb7e
payout: XuRE3QHnmT6oUM1ctqmd4zxYzWhhuEg7e8

If needed i can deposit 150drk more for fillup the node.

Thank you. Confirmed.

We are at exactly 4.5 Nodes funded and thanks to Otoh's generous offer, those in the fifth node won't be left out.

==

Also: I don't have much time with two deadlines fast approaching, one fun and the other work, but real quick -

- good idea on the float ddink7: I don't know if Otoh would want to essentially be a community bank for ownership swaps, but if/when I can get to the point of helping to keep nodes afloat, I'd do it without hesitation. Since we were setting up the first node, we were setting a template for the nodes to follow. Otoh and I discussed the structure of this and what would be fair: we decided that 3 days notice was fair in that the original stake owner wouldn't have to wait long (esp. if they planned ahead) to withdraw from a node, and we should hopefully be able to fill that hole in ownership within 72 hours so that the node doesn't have to go down due to a stake fund shortage.

If you think about it: as long as ownership/management is kosher (or you're doing it yourself), partial node ownerships are great places to store DRK you weren't going to spend anyway and then you get to earn interest on them. At this point the two main minting/reward systems for cryptocoins are PoW and PoS. Darkcoin essentially combines the best of both worlds and becomes both a Proof of Work and a Proof of Stake coin tomorrow: Work is represented by mining, like in the BTC realm. Earning from Stake are offered via Masternodes, like forging in the NXT realm.

- re: BTC Talk forum security being used to either force a fake withdrawal or change a payout address falsely. The forum's been hacked before as we all know and it relies on SMF which has been pooh poohed by some as being woefully out of date and insecure. As far as compromised accounts: If it's a problem, then it's a problem every vendor and operator has to deal with (esp. the ones doing payouts). To my knowledge the forum system has never been compromised in this manner (forcing fake trades/deals) but it's also not out of the realm of possibility.

I honestly don't know how we as a community could deal with this at the moment, with the tools we currently have available. It's certainly a risk for us, as I've used this centralized forum to bring together the disparate cryptocommunity in one place for this new service which you all have been helping me to improve and evolve.

I'm open to suggestions from those that have ideas about how to reduce or prevent a fake trade or false payout redirection.

 TxID: c574af1636e77891b04ced5e3c32f9ff92cf454abd18f8fb31d022cf2b98e1b6
Sent: 250.00 DRK
Payout address: XrpE7NzLM9sTzQPTpt8G5aFoMqqF12akRx

Thanks for your answer! Please, if possible, post the thread link in this thread so I see it immediately

Good luck with your work!

Damn good idea. Does Darkcoin allow the signing of messages like Bitcoin does? If so, DZ could only accept properly signed messages.

DZ, as far as security goes, a potential hole here is that our bitcointalk logins could be compromised (probably much easier than a 2fa MintPal account) and someone could pm you claiming to be one of us stakeholders telling you to close out the stake and send the DRK to a different address than the payout addresses we initially provide you.
Because of this potential security lapse it might be wise to make the payout address also be the cash out address and then not enable anyone to ever change their cashout address. Or maybe we should email you now our own email addresses and you could simply send a confirming email if someone absolutely must change their cashout address?

Here's output from a typical debug log I just took:
ReviewingTransaction:
CTransaction(hash=72da8129fe8851002ff861f15758dcec25754b40fb4e6769edfd7db5c2744f68, ver=1, vin.size=1, vout.size=2, nLockTime=0)
    CTxIn(COutPoint(fd6ccdec860fc4c7acd538b864edf53b186a834f4607b56b2c7f43c6407c2c64, 1), scriptSig=304502201469358bc4758d34)
    CTxOut(nValue=1.00000000, scriptPubKey=OP_DUP OP_HASH160 367d56751ff6)
    CTxOut(nValue=0.88279505, scriptPubKey=OP_DUP OP_HASH160 40bb6e9b10bd)
ReviewingTransaction:
CTransaction(hash=2773bc3003ac85467acc0289d5d70b2f65222f9277d33b1f833e381485ae2ed8, ver=1, vin.size=9, vout.size=2, nLockTime=0)
    CTxIn(COutPoint(0e4e58c93ef40bf6049d061369ad8bbfb4e4b1b3285728a2a432e708ed757507, 1), scriptSig=3045022000c2fcce9417bf77)
    CTxIn(COutPoint(b0255491365873a9d47d133e0d7aa77ae0481314c9d59d9e7eef95ac2efb05b1, 1), scriptSig=30450221009c8b3d1f19fdb4)
    CTxIn(COutPoint(2350f4a60e02d5ad9e655fd535a0b1ded10dbd6aacb290cf31ddbe036ab43f90, 26), scriptSig=3045022100c437f2a10dfd29)
    CTxIn(COutPoint(271ea3569d2b95d0dbffff3b6f2c4e70d33e840dfdceed5869813a358e5223d6, 32), scriptSig=3046022100e343d5d1a5996d)
    CTxIn(COutPoint(52c5296e4a5d039a52db026ac2f9aaa6a6b56c3d048efdc811235e2a91202edc, 25), scriptSig=3046022100d761c4c64fc538)
    CTxIn(COutPoint(58045bd6153676e09a17ff50a3fe238da04050d9ab7ad3f19c08def6bbfc7021, 1), scriptSig=3044022005a8e7ccfc5e4c4d)
    CTxIn(COutPoint(2745086909404394122f3389175eb72d00f28cc0b1245a635be9c4c6bf3abc5a, 27), scriptSig=304602210099911256b6eddc)
    CTxIn(COutPoint(9aa2b1a26b2905986e16a13a575c91fc2372112560498bb6d378852565a09321, 0), scriptSig=3044022048db7a0a0bb23b1d)
    CTxIn(COutPoint(2e849df93c6b85a8e5b1a8ea3f3923f859032a2ce98c05f41cfc5f9a47a4d709, 25), scriptSig=304302203e773da4948e3407)
    CTxOut(nValue=0.10000000, scriptPubKey=OP_DUP OP_HASH160 77e323dfc07e)
    CTxOut(nValue=0.01000262, scriptPubKey=OP_DUP OP_HASH160 5087f657c107)

and...

~$ darkcoind getmininginfo
{
    "blocks" : 84280,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 3944.60143001,
    "errors" : "Hard Fork Alert: Masternode Payments begin on Friday, June 20th. Please update! http://goo.gl/ucp4m7",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 92037686122,
    "pooledtx" : 0,
    "testnet" : false

And a 250DRK deposit was just received.

Looks like we're definitely doing a Community Node #5. 

Please send a follow up PM with your TrxID when you get a chance. Mahalo!

Ah, that was you. I hadn't checked PMs yet but ah what the heck: you can be the one 15 percenter. As far as partial MasterNode owners and their stake percentages: You're one of a kind my man.  

I confirm that Node #4 is also full thanks to jwuerz and his 15% stake. Nice!

From PMs I'm going through on other sites on Darkcoin Talk & Reddit, it looks like Node #5 may fill up or almost fill up as well. I extended the funding deadline a day just for those that sent me an offsite PM yesterday, since we still have a little time.

For everyone else: the deadline is in 3 hours and 20 minutes to get a partial stake deposit in before nodes go live on the 20th.

Hi tifozi,

That's not necessary but thank you very much for the sentiment. If someone wants to buy me a beer, a lollipop, or something: XcbPGJKXPq4UMNrCBzza7kWEWeDjLSsTdq

Thank you! We're waiting for RC3 and instructions to go public before the cold storage of DRK wallets for nodes owned by one person can be implemented. Please *don't* send me your 1000DRK if you want a full node or two...or a bunch.

If I had my way, I wouldn't touch anyone's DRK stake funds to set up these partial nodes, but alas...

Full node owners with a Setup Reservation: please be patient and wait for RC3 to release before sending me an encrypted and complex password protected wallet file in which I won't have access to the original stake funds (and there's less anxiety on my part about handling large amounts of other people's funds).

Also, I'll be contacting full node owners in the order in which they contacted me before or when RC3 releases so for prompt set-up when I get to your full node in the Q, please have your encrypted 10000DRK wallet files and other relevant info per developer instructions. Assuming the first few nodes aren't having issues with the hard fork, I'll be starting full node setup on the evening of the 20th when I get back from work. On Friday or this weekend: If you can have this wallet file(s) and other relevant info ready for me, that will help immensely with speeding up setup time.

Since this thread has taken on a life of its own but is starting to branch off into discussion about Full Nodes: I'll likely start a Full Node thread on this subforum tomorrow night to help organize that effort to separate it from the Partial Node aspect of this thread, so also please keep an eye out for that.

DZ, please post a tipping address if you can.

Thanks to all who are willing to help get these nodes online!

Also, DZ,  I will raise my investment from 10% - 15% in order to cover the rest of node 4.

Thanks for the help again!

Edit:  Transaction ID:  f3f2da53d535f46c7bf36b020bf3abfbf5e9737bd215d20abf1421771c5ade83-000

DZ: Otoh kind of gave me an idea.

Once the nodes fill up and get rolling, what if you had somebody that filled the role of liquidity provider. Let's say this person committed 1000 DRK to (temporarily) fill up any nodes that were about to go offline because of withdrawals. As soon as a new investor was found, the liquidity provider's money would be returned to him/her, along with a portion of the 1.5% withdrawal fee.

Let's say Bob needs his 250 DRK back, but Bob shares the node with me (David). Under the present system, Bob pays a 1.5% penalty (3.75 DRK) and gets his withdrawal in three days. In those three days, Sally decides to put in 250 DRK to fill up the node. She is also charged a 1.5% fee (3.75 DRK). Total fees of 7.5 DRK go to you for administrative overhead. But what if there is no Sally? What if the node goes a week or two without being filled. Then I would be understandably unhappy and would be losing money!

Under the proposed system, we'll use Otoh as an example liquidity provider. He has 1000 DRK in his own cold wallet that only he has access to. Bob decides to pull out his 250 DRK and pays the 3.75 DRK fee. You contact Otoh (the liquidity provider) who immediately sends you 250 DRK to fill the node back up. You then process Bob's withdrawal. A week later, Sally buys in, pays her 3.75 DRK, and you return Otoh's 250 DRK to him along with a portion of the fees (say half, or 3.75 DRK).

Benefits: Node never goes offline, person who is withdrawing money gets their money back faster, you have less administrative headache because I'm not going to be sending you PMs bitching about my node being offline, and the liquidity provider makes a healthy profit (maybe not as much as running a node themselves, but still decent). What do you think?

You rock, Otoh!

Wow that is so awesome of you Otoh! What an amazing community.

I'm happy to put in a float that you can use to complete any node, say when it gets to 750 DRK or what ever, just draw from my deposit what's needed to cleanly complete it any time rather than needing to juggle odd amounts in the final stages of each node, you choose when you wish to top out any node and move on to the next basically.

If this works for you then I'll send 1,000 DRK specifically for node top up completions to use at your discretion and will keep the float refilled as necessary upon request.