Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW

Its an issue because a lot of people have been having a hard time setting up the cold storage masternode... the wallet still needs to be connected to the masternode during setup and can be in danger if not secured properly.

In theory you are correct that the new system will be MUCH safer. However many people do not have the technical expertise to implement it properly...

If they don't have the technical expertise even to follow the cold wallet masternode setup instructions, they shouldn't be running a masternode.

If you didn't know how to lock your safe, would you store cash in it?

Unfortunately as we have seen, people don't like that advice and refuse to listen to it. At least one person has lost 1000 DRK as a result. My guess is at least 5 more MNs are compromised within the next month.

This is exactly my concern. There are a lot of posts in this thread with yearly masternode income estimates (depending on the number of masternodes). Those projections will make a lot of people greedy/careless including those who have no business setting up a masternode in the first place. More than once in this thread do people mention using windows instead of linux for example (for MN wallet setup) despite being warned about it being less secure

Dude what are you guys talking about, with the cold masternodes there is 0 risk of loosing your coins. The masternode is either running with 0 coins in the machine that has the IP public or is not. There is not a more or less option you either have a cold masternode running or you dont have a masternode running at all if what you are attempting is to run it cold. You cant end up running a hot wallet masternode by attempting to set up a cold one the process is completely different. The system is 100% safe now.