Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
child_harold
on 13/02/2015, 12:41:38 UTC
u guys running 2 P2P networks side-by-side?

A running wallet is a node in the network.
A miner is a node in the same network.
A masternode is a node in the same network.

A running wallet provides the network with a service that is helping other nodes to connect and sync to the network and broadcast transactions.
A miner provides the network with an additional service that is storing transactions into the blockchain.
A masternode provides the network with additional services that are (currently - more is to come) anonymization of coins and instant transactions.

Miners and masternodes are rewarded for their services, and both need to prove somehow that they are legit - miners do it by proof of work, and masternodes do it by proof of service and proof of 1000 DRK ownership.
Sorry for the silly question:
so, despite I have not to operate with (sending or receiving coins) , is good habit keep always the wallet running because it helps the network?
Thanks in advanced

I was trying to figure how you could re-spend funds received thru InstantX before full miner confirmations. I'll check the paper.
At least i now understand that you must wait for 1 miner confirm (~2.5mins) before being able to re-spend funds received by InstantX.

I certainly hope DRK members won't misconstrue my presence here as casting a shadow on Shadow as it were, and the remarkable achievements of rynomster and technovert (now pending peer review by Isidor Zeuner).

I'm merely a supporter of SDC and unaffiliated to the Team.

As you were gentlemen.

congrats on Silk Road news btw, a good test for Darksend > let's hope it keeps people outta prison.