Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
jiggytom
on 16/11/2014, 23:28:15 UTC
loving you guys, yes long live darkcoiners.. ive been in and out since the beginning, mostly in again, at the lovely bottom.
great dedication from the dev team and commitment from you folks on this forum.. true crypto.. can only get better at this rate of progress
i only trade, no knowledge or patience for MN.. its been one of the least stressful rides in crypto due to the community and nature / purpose of the coin
 Kiss

Consider using a trust-less Masternode Setup Service, I can recommend Flare (dihydrogenmonoxide) or Ghostplayer, you keep your coins so no risk. They take care of updates etc, I am using Flares service right now just because I am really busy and got tired of updating myself. I still have to start the nodes though because I keep control of my coins but that is really trivial and easy to do.

This may sound like a silly question..but I saw somewhere that even though you give them your private key, this doesn't give them control over your coins.  How does that work?  Don't we send the 1000DRK into a public address, which that private key is the pair for?  What is stopping someone from importing that private key and using the coins?

Masternode's use a key to communicate that may be what you are referring to it always starts with 7 and looks like this: 7rSQpBMsbqE7WDCyCV7Xc287vpdBh3Yao9yUoxcvdtL67bs61wd,  this is completely unrelated to your coin's keys/wallet/passphrase you don't have to give anyone your wallet/privatekeys/passphrase  never ever do that unless you consciously want to send someone your coins.

Thanks, and thanks Flare!  I just realized that the masternodeprivkey <> privatekey of the public address (getaccountaddress 0 ).  Duhhhhh! Makes so much more sense now haha. Love you guys!

edit: So if I wanted to setup a 2nd masternode, would I generate another masternodeprivkey using "masternode genkey" from the same wallet and then use the instructions for start-many (create new vps, etc etc but with new masternodeprivkey?)