Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ** HARD FORK JUNE 20TH **
by
Minotaur26
on 20/06/2014, 02:34:32 UTC
So whats this hard fork for can someone explain this. Is it just to pay the supernodes off or is their more to it in detail. Any information for what this hard fore is for please thanks.

I would like to know more about it as well!

This hard fork implements a voting system that selects the right masternode to pay for the mixing service in each block in a way that is tamper proof, so there is no trust involved. This is the first proof of service system where neither the miners nor the pool operators have any influence over the payment taking place and no one can cheat. In the future it will be possible to use this feature to pay for other services like hosting the blockchain to serve light wallets. This promotes for investors to hold to provide a service to the network and earn a return and is way better than proof of stake because the holders are actually providing valuable services instead of doing nothing. I think this feature is as important as anonymity and separates DRK from any other coin anonymous or not.


Read the details here directly from the developer Evan Duffield:

https://darkcointalk.org/threads/development-update-6-6-2014-masternode-payments.1126/

https://darkcointalk.org/threads/darkcoin-update-masternode-requirements-masternode-payments.225/

EDIT: the forking issue we had last time was precisely trying to implement this so basically yeah this one corrects all previous issues and adds the ability to run a masternode with a cold wallet which makes running a masternode 100% safe.