Post
Topic
Board Altcoin Discussion
Re: XMR vs DRK
by
Joshuar
on 27/03/2015, 23:45:23 UTC

So you told me that I was making assumptions(When I was stating facts, reread), when you've been making the assumptions that all masternode owners set a password and put their coins in a cold wallet?

Are you trying to troll now? What don't you understand that those things that you intentionally misrepresent as mandatory, are Optional.

P.S. setting up a masternode isn't hard at all, it's literally just a wallet.


This is going behind logic.
Setting up a MN requires some basic understanding of linux/commands lines/vps/ssh/whatever and also, time.
Even If you blind-follow , having no idea what you are doing, any tutorial present on the internets on setting up a MN it will make you take some security measure.
Anyway this is a reason why there is a collateral of 1000DRK, it makes you take care of your security otherwise you lose 5000$ at the actual rate.

Masternodes are just wallets. They aren't hard to setup, I've temporarily set up one before back in June. All you have to do is just follow the instructions, there's easy instructions if you just google it. You can't say things as optional and present it as fact, which is what they were doing.

You can have your 1k dsh on a cold or hot wallet, you can have no password or you can have a password. None of those things are mandatory, they are either/or, optional.

Since you are trolling now I am trolling back by selfquoting myself.
This is going behind logic.
Setting up a MN requires some basic understanding of linux/commands lines/vps/ssh/whatever and also, time.
Even If you blind-follow , having no idea what you are doing, any tutorial present on the internets on setting up a MNwill make you take some security measure.
Anyway this is a reason why there is a collateral of 1000DRK, it makes you take care of your security otherwise you lose 5000$ at the actual rate.



Wow, absolutely wow. I expected too much from you guys. What are you talking about? Obviously I know the requirements to set up a masternode, what does that have to do with this discussion, seriously? The below quote is what your friend knowingly lied about. Then Magamina agreed with him. They both purposely presented it as if the 1k Dash required would be hosted on cold wallets only, and they also purposely presented it as if all masternode owners set up passphrases for their wallet. I don't care about "It's better to set a passphrase etc etc", the point is that they misrepresented things as being one way, when it is optional. What exactly do you not understand? For all we know most masternode owners could be hosting their coins on the hot wallets without a passphrase...

It's like I'm speaking to 5 year olds...


If the coins are held on the masternode and not a cold wallet, that masternode isnt reappearing anywhere. The gov can just take control of the servers the masternodes are hosted on.

Coins are stored in cold wallets.  Nothing on the servers to take.

Dont lie please. Cold wallet storage is optional, most masternodes probably still have the 1k dark in the hot wallets.