Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
goin2mars
on 03/04/2014, 21:48:17 UTC
As i understood the cost to run a masternode will be 1000 DRK .

1000 DRK is way too high, i understand you ambition but it would eventually prevent a healthy amount of masternodes.


I would host masternodes worth 2000 DRK, i even have the option to provide different IP geo locations, if one masternode costs 1000 DRK to run i can only host two with my budget. NSA can host thousands!!!!

If, say, the NSA can acquire 200k DRK (not necessarily through buying, but by hacking an exchange), then they can either run 200 nodes of 1000DRK each, or 400 nodes of 500 DRK each. It doesn't change the dynamic really for them - except that they'll be running far more nodes thus increasing their probabilities. What changes is that the threshold for smaller stakeholders is lower and thus more people could host nodes with a lesser amount of DRKs. If more small stakeholders go in, then they can increase the ratio of honest nodes vs puppet nodes controlled by single entities.

I brought up the 1000 DRK requirement earlier, Evan said that the price is indicative, not final. Same goes for the miners fee towards the master block.

I'd like to modify your example, because there are and will be hundreds of thousands that immediately tune out as soon as you mention the NSA. If you put a real-world example . . you might get real-world people paying attention. Businesses have just as much incentive to find out information. Take for example a billion-dollar business trying to find out the spending habits of another billion-dollar business. They want to do this because discovering your customers and suppliers is crucial to them gaining a major advantage over you (by means of copying you, getting private information, or flat-out buying-out these people). With that information, let's say they can ultimately bankrupt your company.

"If, say, "my business competitor" can acquire 200k DRK (through buying or hacking an exchange), then they can either run 200 nodes of 1000DRK each, or 400 nodes of 500 DRK each. It doesn't change the dynamic really for them - except that they'll be running far more nodes thus increasing their probabilities. What changes is that the threshold for smaller stakeholders is lower and thus more people could host nodes with a lesser amount of DRKs. If more small stakeholders go in, then they can increase the ratio of honest nodes vs puppet nodes controlled by single entities."

To me, I can relate to your story now.