Post
Topic
Board Altcoin Discussion
Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)
by
G2M
on 20/04/2015, 23:35:42 UTC
Some exchanges are staking PoS coins, did you know this? Are you angry about it?

Actually, I'm pretty sure I've mentioned it as a consensus mechanism that currently actively encourages theft somewhere in my post history. Legitimately I'm pretty pissed that those coins aren't distributed to their respective holders, yet understand that it would require effort that would likely be paid for by staking the coins in the first place. So yea, I mad. Whenever that bill is paid, and people think they've paid enough, my opinion is that people will start pushing for their money back. Or more likely something I don't expect will come out of it. Guess it's up to Cryptsy and their users.

Btw, how do you propose those "20 people" would collude using their >50% of the masternodes?

Obviously to spread fear and doubt by attribution to a 51% mining attack as a logical fallacy. Seriously though, give me some time and I'll put together some reasonable thought about it. I'm going to look at InstantX now, because from what I read about it, two nodes are selected randomly. If 50% is colluding between 7 people, that would seem to indicate a nearly 100% chance of knowing for sure your node will be selected. Wouldn't want to go and reach too far here though, I'll get back to this when I read into this.

Hey did they get blinding any closer to being on mainnet yet? Or, at least some kind of better description of its functionality? Kinda looking forward to see if it's still gonna be possible to trace transactions using the unique number of denominated inputs per darksend.

I don't know if the network chatter is the reason, maybe 1k is a nice round number, and maybe 3-4k nodes (eventually) is considered to be enough.

Hm, guess I'll look around for a technical reasoning for that, pretty sure it was literally just a couple of posts after evan posted that 1k is just an example number, and would likely be 'too much'.