Quote from: anonymousxx1503 on June 20, 2014, 02:46:57 AM

Quote from: wmr1988 on June 20, 2014, 02:41:12 AM

Quote from: anonymousxx1503 on June 20, 2014, 02:23:38 AM

Quote from: g0re79 on June 20, 2014, 02:16:21 AM

Quote from: SamWalters on June 20, 2014, 02:12:15 AM

Quote from: crazyearner on June 20, 2014, 01:55:03 AM

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!

Me too, I have quite a picture of that, but still bit confused (off course its not only about supernodes payout)

First of all, they're Masternodes. You need exactly 1000 DRK to run a Masternode, right now there are around 280 out there. The Masternodes decentralize the anonimity of Darkcoin and serve an additional function to stabilize and help the Darkcoin rise in price. They pay out 20% of the block reward to Masternode owners (this is a completely new concept never done before by ANY other coin). The Masternodes are randomly elected for payout and earn on average (right now) approx 1.7-2 DRK/day. The removal of coins from circulation increases rarity of the coin, encourages people to buy DRK to earn revenue and thus helps it appreciate in value. Additionally I believe that Evan has more features planned for Masternodes since they enable first of its kind "Proof of Service". The possibilities are amazing.

I don't think the original 'purpose' of masternodes was to increase DRK's value, it is a side effect.

Evan actually thought of most aspects it seems. He has a lot of experience programming in the financial domain and I remember in another post him explain both the anonimity, the proof of service and the financial aspect of it. It's a really cool concept.

The idea was to create a cyclical equilibrium where price stability can be maintained by incentives to hold, which then supports anonymity because as more nodes are acquired the price will significantly rise as coins are pulled out of circulation, thus making a masternode attack cost-prohibitively expensive (where a masternode attack would be gaining enough masternodes to be able to de anonymize a significant portion of transactions)