Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
thelonecrouton
on 03/10/2014, 01:56:25 UTC
The ideas I see amount to forming a private cartel for the dozen or so vocal members of the community, fundamentally changing the way a coin works to the detriment of the general user and betraying the philosophical principals of crypto in general.

And I see a bunch of people, who should be ashamed of themselves, agreeing with it.

Bollocks. The 'general user' doesn't care and the what principles of crypto are you talking about exactly? That miners have some god-given right to the cosmic money hose?

My proposal is that we have Masternodes running p2pool nodes and miners mine on the Masternode network and nowhere else. Solves the 51% threat, eliminates the need for 'enforcing' MN service fees, and ensures decentralisation. 50/50 split between MNs and miners, with miners who leave a balance on the MNP2pool earning a pro-rata cut of the MN reward as well, and meaning that as long as the total MNP2pool node balance is >1000DRK, the MN op can take out some or all of his initial 1000DRK and set up further MNs...  

I don't think miners deserve 80% of the block reward, I don't think their contribution is worth 4X that of Masternodes. Not even close.

Yes it's the miners, and its still the miners. See how well transactions are relayed without them.

An old Celeron could process all the transactions on the DRK network (and probably all the transactions on the BTC network too) and relay them without breaking a sweat. Go look at the block explorer, explain to me why we need 100GH of compute power to fling half a dozen numbers a minute about.