AC2 must be extremely butthurt right now. He came to spread the FUD through some kind of constructive criticism (of course the venom was already apparent in phraseology like "darkcoin is a joke" etc) by saying "oh Monero has ring sigs and they are better" but it ended up pretty bad for him (and pretty bullish for the coin) when he catalyzed Evan's reaction into a public statement of "V2 will have ring signatures" which was da bomb

Not having anything to say after that in terms of technology (it backfired pretty bad), he started the spoetnik/cryptohunter/iloveanoncoin crap

I just found out that its supporters of other coins that consider they are competitors and this kind of stuff is their marketing plan:


How desperate is that.

Oh no, you really can take your local wallet with the coins off line afterwards.  I checked the debug log on my remote, and my nodes, at the time, were elected masternode 2 times and 6 times in the log (not sure how many days, but at least 2)  I would have been awarded block rewards if they had been implemented.  In fact, I stopped my remote node, deleted darkcoind, then replaced it with this newest one, then restarted it.  It has been running and one was elected again, so I didn't have to bother with the local wallet, which has now been in cold storage. (saved on a jump drive not on my running computer)

On my testnet masternode, I set it up exactly the same way, the local wallet has been awarded 10% of the block rewards, so it works there too

Without being mean or anything, can anyone explain in plain English what exactly Mastercoin does?  It's worth a lot (~$26 a coin) but I can't get the idea behind it.  I'm wondering how it's worth so much?

I went to the website, but it doesn't make sense to me, I am too ignorant I guess?

Thank you anyone who can explain the concept behind Mastercoin.  I ask here because this is my "home" and really hate going outside this community.  I am afraid I'm agoraphobic, LOL

Are you on the list twice?  One may be rejected an the other OK?  Or maybe this is a bug Evan is working on?  I don't know?

I have noticed that some people for some reason, have withdrawn the funds from their local wallets, and the debug log shows their masternode being rejected and they don't get a number to be voted on.  Could that have happened?

Thanks

We'll have it on the 25th. If you get paid, it's correctly configured, if you don't, it's not. It would be nice to have something before though.

Tx fee?

http://s25.postimg.org/l9wavvze7/tx_fee.png

Or manual tx fee ?

http://s25.postimg.org/cswskyupb/manual_tx.png

I will try to reduce minimum amount .so what ur minimum suggestion?

Somebody asked Chaeplin if he could make a masternode graph thingy, and he said yes, so hopefully he'll have something for us soon!

That's the problem with Mastercoin: The functionality that it introduces is too advanced for the average joe who has no use for it, unless it is dumbed down to practical applications.

Privacy/Anonymity however is something that can be used by anyone (and be easily appreciated for its benefits).

Coin price is highly related to the number of coins issued.

Master coin only has like 500k coins which is 7.6 times less than DRKs. If Master coin was dilluted 7.6 times to reach the same number of coins with DRK (4.3mn), it would cost 28.5 7.6 = 3.75$, which is not far from our price level at 3$.

On the other hand, people do not really understand how overpriced DOGE and LTC are compared to DRK (or how undervalued DRK is compared to DOGE and LTC).

If one reduced the number of DOGEs to the number of DRKs (something like a reverse stock split in which for every 18000 current DOGEs you'd get one new DOGE that would equal the prior 18.000 DOGEs), DOGEs would cost something like 8$ per DOGE... and then you have to ask: 8$...for what?

If we do that with LTC, where only 4.3mn LTCs would exist, LTC goes something like 70$ per coin... and again the question is "for what?".