DarkSilk is testing and almost ready for release  

fuckin rights

OK so estimating coin supply of DRKSLK in 10 years time with the 45,000,000 instamine for SILK swap taken into account:

There is a 42,000 block period where PoW mining can take place.

This doesn't mean that every block of the 42,000 block mining period is a PoW block because after 4 hours and 420 blocks the coins mined will mature and then can be staked and this will generate PoS blocks that go toward the tota 42,000 blocks where PoW mining can take place.

But let's imagine no PoS blocks are generated and every wallet doesn't stake (which won't happen but we are imagining):

5,256,000 minutes in 10 years (we are ignoring leap years).

PoW blocks are every 60 seconds and the block reward is 42.

42,000 x 42 = 1,764,000DRKSLK over the course of 42,000 minutes/PoW blocks/1 Month.

5,214,000 minutes remain of the 10 years in question and we have 1,764,000DRKSLK in circulation.

PoS blocks are every 64 seconds and are a static PoS reward of 1 and with split stake.

5,124,000 minutes 64 seconds = 4,803,750DRKSLK produced from PoS.

So after 10 years the estimated amount to be in circulation is 51,567,750DRKSLK.

Bearing in mind PoS throws things out a bit.

So in 10 years time (estimated) this would leave 38,432,250DRKSLK which would equate to 73 more years till the total supply of 90,000,000DRKSLK is met.

83 years total for the total coin supply to be met from the zero hour (moment of launch).

What in fact will happen is that after 420 blocks stake will happen which will effectively knock the amount of PoW blocks generated during the 42,000 block period in half.

This would then in fact produce just 893,180DRKSLK roughly during that period from both PoW and PoS blocks. Add on the 4,803,750DRKSLK from PoS over 10 years and add on the 45,000,000DRKSLK premine/instamine we have 50,697,720DRKSLK in circulation in 10 years time.

Short answer, 50.7Million

However, the premine isn't a definite and the way the launch is handled is also not final.

OK so I can confirm that Crave, 8Bit and various other coins that are using the same codebase that DarkSilk started on i.e. Blackcoin + Masternodes + Darksend + InstantX only had/have their Masternodes working and not Darksend nor InstantX.

However I can confirm that DarkSilk's Stormnodes (Masternodes), Sandstorm (Darksend), InstantX, PoSv3, Split Stake are all working. This is not to say that I do not need to do more work in refining the Stormnode payments system (just a couple of days work for that).



As you can see the Sandstorm has a balance, completion amount and message stating "mixing in progress".

At the moment you can mix over a maximum of 8 rounds with a maximum of 2000DRKSLK. The largest amount that can be sent via Sandstorm is 9,999,999DRKSLK with the largest denomination being 100,000DRKSLK going down to 0.001DRKSLK.

So I have some work to do still. Weaver is still being built.

No launch date is set. No ninja launch will happen.

Please bear in mind I have been working on DarkSilk since around April.

Just wondering what "exploits" you have in mind. Things like this can be avoided with heavy testing. And if users are made aware of the exploit. If you dont feel comfortable posting this send me a pm

Well it was my birthday yesterday and it passed without a hitch.

Sadly (not really ) I was working on DarkSilk all morning, day and night and had actually not slept Halloween night as I stayed working from the 31st till about 6pm on the 1st, passed out and just woke now.

You guessed it, I'm working on the code again lol

The reality is this, I work all the f'ing time on DarkSilk and crypto, but I love it, I am not one of these developers that doesn't enjoy what I do. I am as hyped for the launch as you guys and was only tonight talking to my friend about how I am looking forward to doing the HTML5 wallet design and progressing the Weaver services it offers after launch. Even my friends who come over and see me at my computer all the time ask me "When will I be finished?" and "When are you launching it?" to which I reply "When I am done and happy". They all say the same thing, "That's fair enough"

I know you guys just want the wallet now and want to launch ASAP and want want want, but let's be honest, wouldn't you rather I take my time, test, fix, secure and overall ensure a smooth and successful zero hour alongside limiting the reason to fork for any reason? I am sure the answer is a resounding "Yes!".

Here is what I would like to to do.I want to hold a meeting, on Skype or Google Hangouts (either/or) and I want input on peoples thoughts of the current specifications of DarkSilk, what they expect/like to see and don't like to see from a launch of an altcoin, what people would like to see at launch or in particular the future (we already have a lot for launch, lol), if people would want to be a part of a foundation or even to be a part of the marketing/promotion of DarkSilk.

Here is how it will work. No set time, yet, just PM me your email address you most frequently check, I will then formulate a list of everyone and mail out a choice of times, select the time that is best for you, I will then correlate the results and select the best time for the meeting. It will then be publicly posted here in the thread for all to join in case they didn't see this message originally.

Talk soon

Some suggestions for DarkSilk (I reviewed https://github.com/SCDeveloper/DarkSilk-Release-Candidate):

• Move CTransaction into src/primitives/transaction.cpp/h and add/utilize CMutableTransaction struct
• Split CBlock with CBlockHeader in main.cpp/h and move into src/primitives/block.cpp/h. Utilize CBlockHeader
• Implement else if (strCommand == "headers") in ProcessMessage (main.cpp).
• Add functions to main.cpp to better handle block downloading problems and orphan blocks memory usage like MarkBlockAsReceived, AddBlockToQueue, MarkBlockAsInFlight.

For CMutableTransaction, CBlockHeader, ProcessMessage and MarkBlockAsReceived.., see Bitcoin's latest version.

Some of these can be delayed to later versions but why not re-base with the latest before you start your new coin/chain?  I'm not sure all this can be done to a POS coin but I'm in the process of trying with BTX and Sling.

Did I review the wrong code or do you have another repo? 

I'm glad you included theses and other fixes.  I only named a few.  I know you have been working really hard on DarkSilk.

Are you including Sling's market in the first version or did you remove it?

Hey guys I've been lurking through here the past couple days. First and foremost I would like to say I am extremely happy and grateful for the time and energy the devs have put in this. Your hard work shall not go unnoticed.

So my question is how do I trade my silk for drk? When will it be released exactly? Also should I buy more silk off the exchanges or should I wait until darksilk is released? Thanks so much, and continue the spectacular work!

P.S. The crypto exchange you guys made inside the wallet is amazing. Real game changer.

-Doctor

Sweet logo CryptoJohn!  Oh, and i'm buying silk! but it's hard to buy a good amount without jacking up the price