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Showing 20 of 36 results by DarthMuffin
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
I just upgraded to the most recent darkcoin client. It says that there's a security issue and I should create a new wallet and transfer my funds to it.
OK, fine. How do I do that? I don't see any menu options for making a new wallet.
Thanks for the help.
OK, fine. How do I do that? I don't see any menu options for making a new wallet.
Thanks for the help.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Great to hear another update from the darkcoin team!
I'm all for taking the time needed to do it right, but, ugh. Does that mean no RC4 in late July as originally planned, then? Don't know how much more of this price slide I can stomach.
Quote
Development on RC4 is nearing an end and we expect that well be firing up testnet in the coming week. Depending on what we find, testing and QA should take 2 to 4 weeks.
I'm all for taking the time needed to do it right, but, ugh. Does that mean no RC4 in late July as originally planned, then? Don't know how much more of this price slide I can stomach.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Where is whatever ?
Click the original link and read it. Hit ctrl-f and look for "minded" if you want.
" A secondary cryptocurrency by nature, Umbrella is designed to be merge-minded alongside each algorithms corresponding industry leader. "
"merge-minded alongside each algorithms corresponding industry leader", X11 is Darkcoin.
Do you know anything about merged-mining ?
Yes, I have done merged mining before (and IMO it helped drive down Vertcoin). Do you know anything about merge-minding, because I sure don't. Is that like caring about more than one thing at once?
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Actually according to the page it's "merge-minded", whatever that is.
Where is whatever ?
Click the original link and read it. Hit ctrl-f and look for "minded" if you want.
" A secondary cryptocurrency by nature, Umbrella is designed to be merge-minded alongside each algorithms corresponding industry leader. "
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
"Umbrella-drk" ??
I just noticed this "Merge-Mined with: Darkcoin"
Oh !!
Actually according to the page it's "merge-minded", whatever that is.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Just that they're getting an undue amount of hype and return right now at the expense of miners
Miners know that the 20% going to MNs does not impact them. It's only trolls and people who generally just don't know how crypto works that argue otherwise.A reduction of supply == higher price, so they still get the same money when they cash out to pay their electric bill.
MNs are a building block for so much more than what they're being used for right now. They deserve attention. Mining is not exactly a new, innovative concept. There's really nothing to talk about on that front...
It's the same supply. Just that 20% is now being cashed out by MN holders instead of miners. Same supply == same price. Miners now earn less.
I am an "all in" holder with DRK and not a troll. Yes, I agree MNs are cool, innovative, and deserve attention. I'm willing to go along for now, trust in the devs and see where it heads. My opinion is still the same though and I'm not liking what I'm seeing.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Without Master Nodes, there is no Darkcoin.
Research, then post.
You go straight to ignore for now because you are clearly trying to spread FUD and troll.
On someone's ignore list: Achievement unlocked!
I must have missed the part where I said I thought there should not be master nodes. Just that they're getting an undue amount of hype and return right now at the expense of miners, and now it's to the point of threatening pool owners (probably in jest, hard to tell). Maybe it just seems that way since MN implementation is the phase the coin is in right now. Maybe the return rate will be adjusted downwards at some time. Maybe there will be enough MNs that supply and demand kicks in and people start dropping them due to lack of profitability. I don't know, and neither do you. I do know that scanning this thread you get the impression that DRK exists for MN holders. Anyone who says otherwise is insulted and added to an ignore list.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Are you serious? Did you even stop and think about what you were doing before you made this post? A picture of a terrorist with a gun? Really? Do you think this is funny? You ass wipes have been threatening people and now you post this shit? I have buddies that died on foreign soil fighting scumbag terrorists like this guy. You make me sick.
First a cop now a terrorist. Well we finally see what the Darkcoin community is all about. Your true colors are in full display.
I'm going to mine on the non-compliant pools and feel good about not letting you extortionists steal 20% of my mining proceeds. Then I'm going to sell it and use the proceeds to buy cryptonote coins that offer anonymity without this bullshit masternode network that taxes the poor and gives to the rich.
Some guy posted some pages back about making 1 btc a week running his masternodes. How many miners even get a fraction of 1 btc a week mining darkcoin? Yet these same miners are now being forced to give up 20% of what they mine so some guy with 50,000 DRK can make a btc a week while they likely don't even break even. This entire masternode tax is nothing more than a scheme that allows the rich to get richer while the miners get screwed. And don't give me that argument about the price increasing and it will help the miners. Guys are making btc running masternodes and the price of Darkcoin keeps going down. What a joke.
I would have left this thread alone but when some jackass posts a picture of a terrorist with the words "Do it now or we have to come over there" there is no way I'm going to just sit back. I saw the rubble of the Twin Towers in Manhattan a month after they came over here.
First a cop now a terrorist. Well we finally see what the Darkcoin community is all about. Your true colors are in full display.
I'm going to mine on the non-compliant pools and feel good about not letting you extortionists steal 20% of my mining proceeds. Then I'm going to sell it and use the proceeds to buy cryptonote coins that offer anonymity without this bullshit masternode network that taxes the poor and gives to the rich.
Some guy posted some pages back about making 1 btc a week running his masternodes. How many miners even get a fraction of 1 btc a week mining darkcoin? Yet these same miners are now being forced to give up 20% of what they mine so some guy with 50,000 DRK can make a btc a week while they likely don't even break even. This entire masternode tax is nothing more than a scheme that allows the rich to get richer while the miners get screwed. And don't give me that argument about the price increasing and it will help the miners. Guys are making btc running masternodes and the price of Darkcoin keeps going down. What a joke.
I would have left this thread alone but when some jackass posts a picture of a terrorist with the words "Do it now or we have to come over there" there is no way I'm going to just sit back. I saw the rubble of the Twin Towers in Manhattan a month after they came over here.
I totally agree with you on the picture, pools, and especially masternodes. DRK is becoming a coin by, for, and about the MN holders.
Threatening pools and posting pictures of terrorists/freedom fighters/whatever is way out of line and totally unprofessional. If I were running a pool that would just make me want to give you the finger and keep on doing it. Not the way to win them over. OTOH I don't see why any pool would voluntarily give up 20% until the [vague, unannounced] cutover date when they have to.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
A person that owns an "entity" (Facebook for example) cannot be held responsible for their users conducting illegal activity.
The Pirate Bay, Megaupload and Napster may disagree with you on that point.
On the other hand, a bank can't be held responsible if you write a bad check or use their credit card to buy illegal goods. That seems more like the case here.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
A question on the upcoming code audit--what level of audit is this?
Just making sure it's all original (or open sourced) code and not illegitimately copied?
Verifying that it is what it says it is--no trojans, backdoors, etc?
A full mathematical proof of the coin functions such as anonymity?
All of the above?
Just making sure it's all original (or open sourced) code and not illegitimately copied?
Verifying that it is what it says it is--no trojans, backdoors, etc?
A full mathematical proof of the coin functions such as anonymity?
All of the above?
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Exactly. If you don't know how difficulty adjustments work, you probably shouldn't be mining. Maybe you could sell Scentsy or something?
P.S. All those "rich" people buying coins to build masternodes are making the coins you mine even more valuable.
P.S. All those "rich" people buying coins to build masternodes are making the coins you mine even more valuable.
Way to make a guy feel welcome there. Someone comes here and reads this and sees this fine example of the community, that's another reason why DRK is dropping.
Your point about people buying DRK so they can make masternodes to make themselves more DRK is just reinforcing my MN circle-jerk theory.
I know how the difficulty works, but RIGHT NOW those are the stats and I'm proposing that RIGHT NOW that is why the price is tanking. If the hash rate drops an appreciable amount so that mining is significantly easier, don't you think that will drop the value of the coin too?
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
A theory on the recent price drop. Hoping to open a discussion. I'm a DRK holder, bought in when cheap (but nowhere near MN levels) and have been mining steadily.
From a miner's point of view DRK looks like a circle-jerk between master node holders. You get the impression that DRK exists so that people can run MNs, which exist so DRK can work and pay the MNs...
Some quick math:
A MN is about a $7000 investment if you bought in while low recently.
Upkeep costs are negligible.
It pays about 1DRK/day.
You can get 100% of your investment back quickly and easily if you want out.
NET RESULT: .00014 DRK/$/day.
My miner cost $2500.
After upkeep costs (and I have the cheapest power in the US) I get about .1DRK/day on a good day. Less than half that on a bad one.
If I got out I might get 50-70% return selling my used hardware by dealing with flakes on ebay and craigslist for a month.
NET RESULT: .00004 DRK/$/day.
Mining is over 3 times less efficient. Unless that ratio starts to change, miners will drop off to the point that the coin is in danger due to low hash rate.
The impression is of the rich just getting richer and the little laborers getting sweatshop pay, and it's a huge turn off.
From a miner's point of view DRK looks like a circle-jerk between master node holders. You get the impression that DRK exists so that people can run MNs, which exist so DRK can work and pay the MNs...
Some quick math:
A MN is about a $7000 investment if you bought in while low recently.
Upkeep costs are negligible.
It pays about 1DRK/day.
You can get 100% of your investment back quickly and easily if you want out.
NET RESULT: .00014 DRK/$/day.
My miner cost $2500.
After upkeep costs (and I have the cheapest power in the US) I get about .1DRK/day on a good day. Less than half that on a bad one.
If I got out I might get 50-70% return selling my used hardware by dealing with flakes on ebay and craigslist for a month.
NET RESULT: .00004 DRK/$/day.
Mining is over 3 times less efficient. Unless that ratio starts to change, miners will drop off to the point that the coin is in danger due to low hash rate.
The impression is of the rich just getting richer and the little laborers getting sweatshop pay, and it's a huge turn off.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Why these stages are called "Release candidates"? They still look like "Beta" with all these changes on every update..
Let's face it. There is a big possibility that the coin won't survive due to her complex algo.
Let's face it. There is a big possibility that the coin won't survive due to her complex algo.
I agree with you that these are not Release Candidates. They are Beta at best. There is no chance or intention of the current release ever going gold, it is not a release candidate.
Disagree that it won't survive! The complex algo has been a strong point so far, and is DRK's upper-hand in privacy and over things like ASICs and impossible block chain bloat.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
I'm surprised some of these non-compliant pools have not been outed yet. What about getting their IP addresses?
Evan, the main Dev, does not want to be a "dictator" and force (ban) them. That is as simple as flipping the "spork" button on. We're giving them a chance of being part of Darkcoin in spirit, rather that in "shit-coin-get-rich-quick" enforcement.
I don't think you'll ever get a large chunk of those pools to update. Why should they? Their options at this point are to lose 20% profit for themselves and their miners, or keep as-is and have a few hours of downtime/wasted mining when the switch is finally flipped. If they get some notice of the exact RC4 release time then they don't even have that penalty because they can literally wait until the last minute to update.
I say just give it enough time where nobody responsible enough to run a pool can use the "I didn't know there was an update" excuse, then flip the switch. If it were up to me that time is about now.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
What happened ? Who DUMP DARK?
Look at a DRK/USD price graph, or if you can't find that look at a BTC graph. If you take the rise in BTC into account, then the DRK drop is within past experience and not worrying. Also look at every other coin to see that they're doing the same thing.
Or my alternate theory is that the price is tanking because there haven't been nearly enough girly pics here recently
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
Downloaded the new windows qt binary from the update link and it says version 9.10.2? Shouldn't it be 9.11.4?
Anyone else having problems?
Anyone else having problems?
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
Help test the RC3 prelaunch!
https://darkcointalk.org/threads/rc3-prelaunch-testing.1523/
https://darkcointalk.org/threads/rc3-prelaunch-testing.1523/
I've got close to 17 Mhash on the first pool. I couldn't get the second two to work.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ** HARD FORK JUNE 20TH **
Mintpal says "NOTICE: Deposits and withdrawals are currently disabled for DRK following a suspected fork."
Is this normal in a planned fork? I would hardly say "suspected". Expected would be correct.
Is this normal in a planned fork? I would hardly say "suspected". Expected would be correct.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
Fine, I didn't know that guanchayuan was asking every single day despite you explained him.
I think the only way to calm down people asking for open source is to give a date of release.
Fair enough.
As for the date though, it's roughly set as after RC5. Still have to complete RC3 and RC4. So, the timeline is difficult to lock down at the moment I think and they want an independent code review first to determine if there are any issues that can be fixed before open sourcing.
I think the goal is to have it locked down and as solid as possible before open source release - so that when everyone takes the tech - it's rock solid and they can't blame Evan and team for any issues and say they didn't do their due diligence on it.
Why are these builds called RC anyhow? RC is Release Candidate, meaning it's a beta and if no problems are found and people like it then it goes gold and is released as-is. That is not what these builds are, there is no intention to release DRK as finished after RC3 (or 4 or 5) no matter how well it goes.
Why not just use proper beta numbering? Maybe call them milestone releases or something like that.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
LOL,
FFS
so someone dropping cash for organised FUD campaign, the question is who?
1 Whale after cheap DRK
2 LTC bagholder with coin envy
3 ?
I take it as a good sign that dark is attracting this kind off attention but the uninitiated are easily fooled in my experiance.
3 Holder of XC trying to scare people off of DRK, hoping they'll invest in his pump-and-dump competitor coin.