Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend

Want to report that the unpredicable varaiance has stopped for me.
Momantary it looks like i receive a payment all 1100-1300 blocks.

I only have one MN, so i think others owning more MN can report the same ?

getting mostly 1.25 drk since 3 days per node. but sometimes also 1.5 or 1.75. Have some mn

I'm away on business and only get back tonight, I've got 4 nodes with zero payouts since last update... grrr... can't wait to get back.

BTW, I dont know if this has been addressed since I was without internet the better part of last week... but with InstantX, if the Masternodes are confirming the tx, then what is the roll of miners?

I mean, yeah, the regular blocks must still be mined for non InstatnX and keep the blockchain rolling, but with InstantX, we could hard-fork to a new algoryth that is stupid simple CPU friendly, have the nodes sign the the solution, broadcast to verify.... in essence we might not need miners at all.

Now that would be crazy good for the environment and the positive price feedback loop envisioned by Evan.

Masternodes are locking the tx. It still needs to be confirmed by blocks

You cant spend coins without confirmation.

In the video, Evan demonstrates them as confirmed. That is my confusion about it. Once a tx is broadcast, then it is essentially locked, and verified by miners, 6 to be statistically certain no attempt of a double-spend. I dont get it.

If I understand it correctly masternodes locks transaction and broadcast it to the network as confirmed and prevent from double-spend. It is not yet confirmed by mined blocks as it should be but network sees this locked tx as spendable (confirmed). Basically MN confirms that for you and lock it but network doesn't.

InstantX is a powerful thing. Can be very dangerous for DRK if someone could misuse it before it mature