Search content
Sort by
Showing 20 of 158 results by rygamble
Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
im cocky and love to brag and don't care who i tell because im going to be mega rich one day
Seems like somebody I should listen to about investing.
Would be very interested in this, but I'd be going to buy some 970s from Micro Center to do so. I checked a few pages back and didn't see any hard numbers on the 970s (only 980s) in terms of kh/s and wattage. I have a bunch of rigs with various 270Xs but I'm looking to downscale and convert to nvidia cards due to their increased efficiency.
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
Can we not send using PoSa to ourselves?
Think about that for a second.Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
Just look at chart! https://bitcoinwisdom.com/markets/mintpal/cloakbtc
If you have only weak analysis skills, you know that what I posted is not FUD but true.
While I agree that it's probably going to continue to go down without news, I'm sure people said the same thing when it slipped from 100k to 60k. The advice here should be to sell only a portion of your CLOAK that you'd be ok with not reinvesting later if CLOAK shoots up with a PoSA release. I sold about 20% of my holdings at 240k, just waiting for my buy orders to hit.
Edit: Scratch that, but order just hit haha. I'm personally not too worried considering this was probably just 1 or 2 guys. Time to put some sell orders in for the rebound.
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
Why does has it got to be so god damn hard to get fiat converted to CLOAK/BTC, any good tips?
Coinbase for US. And I'd imagine BitStamp is probably the way to go for Europe.
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
I'm considering mining Cloakcoin!
Very doubtful hahaRe: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
OneMarket is nothing special at all, anybody can create a classifieds website to list items for X coin, and have a script into the wallet displaying the listings on the website...it piece of cake and nothing special...the real problem with something like this is the incentive to use such a thing... why should I sell my things for cloakcoin, this is the real question...I can sell them directly for Bitcoin in the near future on eBay...
The whole point of it is that it's not a website controlled by anybody. It's decentralized and can't be shut down. Look to Silk Road to see why this is important, especially for a coin with another major selling point being anonymity.
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
You should probably look into some of the features Cloak has coming up. It doesn't need to be accepted anywhere.
You are assuming OneMarket will work and people decide to actually use it. It is a lot of ifs. A problem I see with OneMarket is people need CLOAK to participate. What if you don't feel like going out and buying CLOAK? It's a hurdle to adoption, and it could be a nonstarter for many people.
"What if you don't feel like going out and buying BTC? It's a hurdle to adoption, and it could be a nonstarter for many people."
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
80 and out?
I bought at 30 and still holding.
I bought at 20 I bought at 30 and still holding.
Pretty sure Artoo was referring to buying XC at 80k. Not Cloak.
I have my sell orders for Cloak set at 130-180, some of them already got filled. I want to hold longer, but considering whales and pumpers have been bragging about it for the past week is a red flag to me. Also dont forget that even after the POSA countdown announcement a couple weeks ago, the price went down to as low as 34k. Its seen a 4x-5x increase since. Dont be surprised to see POSA already priced in. Just saying.
Cloak only has 4.5 million coins. Drk has 22 million
Total number of coins does not matter...
The important matter is how many instamined coins does the whales have to be able to control a market and to pump that market...
With DRK, that number is very high, that's why dark was pumped that high...
Look at ppl who bought in at ~0.02, they'll never touch that price again before the coin will be forgotten and ppl will move to something new, or some coin offering more things on the table...
Anon features start to look for many as it really is, an useless thing, which you can't use because you don't have the places accepting it...meh...
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
80 and out?
I bought at 30 and still holding.
I bought at 20 I bought at 30 and still holding.
Pretty sure Artoo was referring to buying XC at 80k. Not Cloak.
I have my sell orders for Cloak set at 130-180, some of them already got filled. I want to hold longer, but considering whales and pumpers have been bragging about it for the past week is a red flag to me. Also dont forget that even after the POSA countdown announcement a couple weeks ago, the price went down to as low as 34k. Its seen a 4x-5x increase since. Dont be surprised to see POSA already priced in. Just saying.
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
so, the question of "what security risk" is involved in POS coins that every coin is susceptible to just got answered in the most brutal way possible.
?Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
If anyone has any doubts about CLOAK vs XC and why CLOAK is undervalued in comparison just read this. Should give you some confidence instantly: http://www.reddit.com/r/CryptoCurrency/comments/2a64ue/xcurrency_changing_the_way_the_world_views/cismmnb?context=3
No need to spread FUDRe: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
The only weakness is that if you own both masternodes, you can trace the payments because you are seeing realtime what clients belong to denominationed units and where those units end up.
And this is why multi-entry "fat stack" masternodes are a GOOD THING. There won't be any legitimate reason to run more than one masternode. The only possible use for running more than one masternode will be specifically to do this.Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
The only weakness is that if you own both masternodes, you can trace the payments because you are seeing realtime what clients belong to denominationed units and where those units end up.
And this is why multi-entry "fat stack" masternodes are a GOOD THING. There won't be any legitimate reason to run more than one masternode. The only possible use for running more than one masternode will be specifically to do this.Re: [PRE-ANN] [VIA] Viacoin - the future of digital currency
btcdrak, how much will you be buying? I trust you but it would be an easy way to get free coin if you wanted.
Thanks
Yeah, with $20,000 already, reputation and trust only go so far.Thanks
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Not at all. Check my edit as well.
DRK sends information back to your computer when it's done combining the transactions, and you sign the giant transaction it makes with your private key.
It appears to be different in more ways than that, but since I can't fully grasp CLOAK I'm not going to bother typing it out.
In a completely generalized explanation, that is more or less correct. But the nodes never have control of your coins, they can't redeem the inputs.
Steps:
1) You and everyone else sends amounts to masternode 1, along with randomly generated change addresses.
2) Masternode 1 denominates to those addresses, with the help of your client (your client says something like "I need 10 DRK, 5 DRK, and (3) 1 DRK to send 18 DRK")
3) Then those outputs get sent to masternode 2 with the addresses where these coins are destined (where you and everyone else are sending them).
4) Then masternode 2 combines them all into 1 transaction, asks each individual user to use their private keys to sign the transaction, and then the transaction is broadcast.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
But you can't tell us how PoSa works?
I can't answer that specific question because PoSA hasn't been released to the public yet. Feel free to browse the white paper though.From the whitepaper:
"As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs
between the Phase 1 and Phase 2 nodes."
This is my interpretation:
"As part of the stake mining process, the elected node will process all the transactions that have been sent to it, which are stored in memory (duh). The system uses two passes through two separate nodes. If the elected node is processing Phase 1, it will solve the block and something will be given to the node."
Here I get extremely confused. What is being returned to the node? Since coins are not being destroyed, it appears that it is just staking rewards. This is what it appears to say next:
"This money that is given to the node, on an address in only its control, this is more or less the user's funds. The node is then given a reward for it's service (from somewhere). The user's funds are then sent to another node which does the process again."
Sounds trusted to me.
Not at all. Check my edit as well.
DRK sends information back to your computer when it's done combining the transactions, and you sign the giant transaction it makes with your private key.
It appears to be different in more ways than that, but since I can't fully grasp CLOAK I'm not going to bother typing it out.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
But you can't tell us how PoSa works?
I can't answer that specific question because PoSA hasn't been released to the public yet. Feel free to browse the white paper though.From the whitepaper:
"As part of the stake mining process, the elected node will process the special transaction package from
its memory pool. The anonymization system is a two-pass process flow. If the elected node is
processing Phase 1, it will solve the block and the output will be assigned to an internal address at the
node. The node will earn a fee for this service, and then redeem the input by recursing back to the
election process, to elect a node for Phase 2. The node then constructs an anonymizing transaction
package and broadcasts it to the elected Phase 2 node.
Again in the Phase 2 pass the originator and recipient are not recorded, instead the transaction occurs
between the Phase 1 and Phase 2 nodes."
This is my interpretation:
"As part of the stake mining process, the elected node will process all the transactions that have been sent to it, which are stored in memory (duh). The system uses two passes through two separate nodes. If the elected node is processing Phase 1, it will solve the block and something will be given to the node."
Here I get extremely confused. What is being returned to the node? Since coins are not being destroyed, it appears that it is just staking rewards. This is what it appears to say next:
"This money that is given to the node, on an address in only its control, this is more or less the user's funds. The node is then given a reward for it's service (from somewhere). The user's funds are then sent to another node which does the process again."
Sounds trusted to me.
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
Sooo... does the amount you have staking affect the percentage of anon transactions you process? How does it work?
All I can say is this. True anon is generally considered to be impossible or very complicated to achieve. Logically, this means work, and a lot of it, before an anon system has real value. The core Dark team is several people strong, with a dozen more helping with testing and other work. They have been working hard for months. This means the system being built is robust, and will continue to become more so. I do not believe there is a quick solution to anonymising transactions.
But you can't tell us how PoSa works?
I answer that specific question because PoSA hasn't been released to the public yet. Feel free to browse the white paper though.
Sorry I'm picking on you. We had cloak trolls on here earlier today.. whereas you are having a conversation.
I've read both whitepapers but didn't find anything concrete on the how. Which is something the Dark Devs do explain. A little bit of transparency goes a long way in trusting an anon solution.