ingiltere
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June 25, 2015, 09:45:18 AM |
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9 left with my click!  |
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oniromancia
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June 25, 2015, 10:00:34 AM
Last edit: June 25, 2015, 12:15:27 PM by oniromancia |
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I thought the problem with darkcoin is the centralization of masternodes. It costs 1000DRK to run a masternode. With darkcoin at at $2.83 thats $2,830 required to run a masternode. It's currently at an even higher price than that! If it reaches $100 then that will be $100,000 to run a masternode. Impossible for almost everyone, resulting in centralised mixing services at severely reduced (or completely broken) anonymity. Anyone care to explain why I'm wrong?
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tungfa
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June 25, 2015, 10:01:02 AM |
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9 left with my click! you might have to watch a video to count ?! |
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BrainShutdown
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June 25, 2015, 10:04:49 AM |
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9 left with my click! you might have to watch a video to count ?! I've just finished watching the testnet guide and added a thumbs up. Did it count? |
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tungfa
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June 25, 2015, 10:05:37 AM |
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I thought the problem with darkcoin is the centralization of masternodes. It costs 1000DRK to run a masternode. With darkcoin at at $10 thats $10,000 required to run a masternode. It's currently at an even higher price than that! If it reaches $100 then that will be $100,000 to run a masternode. Impossible for almost everyone, resulting in centralised mixing services at severely reduced (or completely broken) anonymity. Anyone care to explain why I'm wrong?
you are as all the MN holder now will n ot sell only because the price goes up, as parallel the MN payouts (in US$) rise as well. Imagine you have 10 MN's, Dash price is 100 US$, you will receive 0.7 Dash per Day x 10 Mn's = 700 US$ per day !! (21.000 US$ per Month) (Woop Woop) so where is the centralisation again ?  |
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tungfa
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June 25, 2015, 10:11:34 AM |
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9 left with my click! you might have to watch a video to count ?! I've just finished watching the testnet guide and added a thumbs up. Did it count? no idea how they count that front page still sais 14.990 but this detailed one is actually over 16 k already ! whow, all that since Oct last year !! (somebody is watching a lot of DarkTV here)   edit: i think it is because of the "External views" where we use the YT links in DCT and the Wiki and such !?!? |
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toknormal
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June 25, 2015, 10:29:23 AM |
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Anyone care to explain why I'm wrong?
Yes. In calling it "centralised mixing services". The fact that the masternode is reproducible makes it decentralised, not centralised. |
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AzzAz
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June 25, 2015, 10:31:08 AM |
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I thought the problem with darkcoin is the centralization of masternodes. It costs 1000DRK to run a masternode. With darkcoin at at $10 thats $10,000 required to run a masternode. It's currently at an even higher price than that! If it reaches $100 then that will be $100,000 to run a masternode. Impossible for almost everyone, resulting in centralised mixing services at severely reduced (or completely broken) anonymity. Anyone care to explain why I'm wrong?
1. DASH, not darkcoin... 2. it is @ $2.8 not 10 3. sry I cant even answer that... |
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CODERsp
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June 25, 2015, 10:34:50 AM |
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And what problem to invest 10k$ in Masternode? I think, a lot of people have such amount to invest. For example, I bought my first MN for 9$/DRK, when BTC was ~ 600$ and continue to invest all the time.
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alex-ru
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June 25, 2015, 10:45:33 AM |
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I thought the problem with darkcoin is the centralization of masternodes. It costs 1000DRK to run a masternode. With darkcoin at at $10 thats $10,000 required to run a masternode. It's currently at an even higher price than that! If it reaches $100 then that will be $100,000 to run a masternode. Impossible for almost everyone, resulting in centralised mixing services at severely reduced (or completely broken) anonymity. Anyone care to explain why I'm wrong?
There are good answers for many questions: http://wiki.dashpay.io/display/DRK/Legacy+FAQ |
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alex-ru
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June 25, 2015, 11:09:23 AM |
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Adult industry loves rebills - so Credit cards. Adult clients love to stay anonymous - so... Dash!  |
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tungfa
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June 25, 2015, 11:46:04 AM |
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Don't quote the trolls :-P Autsch |
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noobtrader
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June 25, 2015, 12:04:24 PM |
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I'm wrong?
you are as all the MN holder now will n ot sell only because the price goes up, as parallel the MN payouts (in US$) rise as well. Imagine you have 10 MN's, Dash price is 100 US$, you will receive 0.7 Dash per Day x 10 Mn's = 700 US$ per day !! (21.000 US$ per Month) (Woop Woop) so where is the centralisation again ? Don't quote the trolls :-P btw im actually interested with this theoritical speculation, i mean how much total dash, then how much MN possible and what price Dash would be. i mean with dash price reaching 100 usd today i think a lot of MN will sell too, and buy back when lower. in the end it will be balanced out and i wonder what price in the future, would it similiar to todays "Dash price" vs "Dash in circulation" vs MN ratio ? something like : dash price high, MN count high ---> sell dash price low, MN count low ---> buy |
"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", [email protected] |
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fernando
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June 25, 2015, 12:04:53 PM |
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Of course The main dev is a good friend, member of the Barcelona Bitcoin Community. He is doing an amazing work with Bitsquare. For Dash (and the other currencies) this decentralized exchange will be a huge improve. I'll keep you posted. Well done Aleix! your Dash preaching at the Barcelona BTC meetup is bringing its fruits |
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nora69
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June 25, 2015, 12:20:21 PM |
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DASH to the moon
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cokkapaga
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June 25, 2015, 12:22:51 PM |
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DASH to the moon
dash altcoin best to trade for now but price very high. |
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noobtrader
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June 25, 2015, 12:26:15 PM |
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And what problem to invest 10k$ in Masternode? I think, a lot of people have such amount to invest. For example, I bought my first MN for 9$/DRK, when BTC was ~ 600$ and continue to invest all the time.
that's true, my first masternode was around 12 to 15k Euros. You should invest now, it's your future, man. wow... my masternode is around 12 - 15 btc. but thats true, today might be the best time to invest MN. price is lower and reward is quite high |
"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", [email protected] |
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oniromancia
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June 25, 2015, 12:28:04 PM |
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I thought the problem with darkcoin is the centralization of masternodes. It costs 1000DRK to run a masternode. With darkcoin at at $10 thats $10,000 required to run a masternode. It's currently at an even higher price than that! If it reaches $100 then that will be $100,000 to run a masternode. Impossible for almost everyone, resulting in centralised mixing services at severely reduced (or completely broken) anonymity. Anyone care to explain why I'm wrong?
1. DASH, not darkcoin... 2. it is @ $2.8 not 10 3. sry I cant even answer that... I don't really care about rebrading though. But yes, of course, my typo, its currently priced at $2.83. |
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ddink7
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June 25, 2015, 12:49:39 PM |
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I thought the problem with darkcoin is the centralization of masternodes. It costs 1000DRK to run a masternode. With darkcoin at at $2.83 thats $2,830 required to run a masternode. It's currently at an even higher price than that! If it reaches $100 then that will be $100,000 to run a masternode. Impossible for almost everyone, resulting in centralised mixing services at severely reduced (or completely broken) anonymity. Anyone care to explain why I'm wrong?
Most of us anticipate that in the future some sort of trustless masternode share program will be implemented. Barring that, an even easier fix would be to lower the cost of a masternode to 100 DASH, for instance. In your scenario, that would reduce the cost of a masternode to $10,000. Another improvement that is planned is called masternode blinding. Basically, this will prevent your masternode from seeing where the present inputs came from. Consequently, even if you did own the vast majority of all masternodes, you still wouldn't know which node a mixing transaction came from, and couldn't track it backward or forward. |
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