Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
That's all you've got to say?
I guess so. When there's nothing to say, der just ain't nutin to say.
Keep drinking the Kool Aid.
You are smarter than some though as it's better than putting your foot in your mouth like those who then dedicate their time to deleting their nonsense (instead of just keeping the trap shut in the first place!).
This one's from your fearless leader (or would that be mindless . . .):
When I studied for my series 65, I came by some information about why trading sort term doesn't work long term. It's all based on internal bias, the people all eventually go broke (or more likely they tread water when you include the fees in the mix). It's really difficult to do it correctly, it's much easier to find projects you agree with on a philosophical level, fundamental level, then just put your money on them. If your vision of the future is correct and you're aligned with the correct concepts you'll make money and the free market will work properly.
We need traders, but it's like we need miners. Neither make money on the network until they're expert level.
We need traders, but it's like we need miners. Neither make money on the network until they're expert level.
Trading only works well for the 5% who are capable of limiting their decision making to strict probabilistic analysis.
The rest should employ longer term buy and hold, dollar cost averaging, and balanced portfolio strategies.
As for the rest of what you say, I guess we just need to give you guru status and drink the Kool Aid, right? "Philosophical level", "fundamental level", and be "aligned with the correct concepts", hey that's some good shit you're smokin' there!
And as for miners not making money until they're experts, uh, how does that work? You must be a genius cause that's just way over my head.
It's clear why this zero-talent dufftard needed to instamine in the first place with logic like that
no miner is expert enough for market manipulation like this.
Being that the GPU's are joining the game we wanted to redefine the difficulty/reward curve to be the same as it was in the prior phase of mining. This involves a fork to apply a new rewards curve to above a difficulty of 75, and scales at a rate similar to the growth rate seen in other GPU coins.
The new formula for GPUs is 2222222/(((x+2600)/9)^2) with a block reward max of 25 and a minimum of 5. This will provide a very interesting incentive for GPUs to jump on earlier while the rewards are high, and it will ensure that the CPU miners coins remain valuable for the foreseeable future, while making this coin a more scarce and a limited resource.
Anyone using a windows wallet should update: http://darkcoin.io/downloads/darkcoin-qt.exe
To recompile from source, download from here: https://github.com/evan82/darkcoin
Thanks
PS. thanks to Kaene for helping out with the new formula!
The new formula for GPUs is 2222222/(((x+2600)/9)^2) with a block reward max of 25 and a minimum of 5. This will provide a very interesting incentive for GPUs to jump on earlier while the rewards are high, and it will ensure that the CPU miners coins remain valuable for the foreseeable future, while making this coin a more scarce and a limited resource.
Code:
if(nHeight >= 17000 && dDiff > 75) { // GPU/ASIC difficulty calc
// 2222222/(((x+2600)/9)^2)
nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
if (nSubsidy > 25) nSubsidy = 25;
if (nSubsidy < 5) nSubsidy = 5;
} else { // CPU mining calc
nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 25) nSubsidy = 25;
}
// 2222222/(((x+2600)/9)^2)
nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
if (nSubsidy > 25) nSubsidy = 25;
if (nSubsidy < 5) nSubsidy = 5;
} else { // CPU mining calc
nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 25) nSubsidy = 25;
}
Anyone using a windows wallet should update: http://darkcoin.io/downloads/darkcoin-qt.exe
To recompile from source, download from here: https://github.com/evan82/darkcoin
Thanks
PS. thanks to Kaene for helping out with the new formula!
also pointing the 84M total supply to about 20M total supply reduction of DASH.
...no breakthrough in ASIC technology can beat the instamine ponzi masternodes from minting coins.