This could be equally as important as Bernie winning the presidency.
edit: Since this is one of my most upvoted comments ever I'll just leave this here.
Their instant Tx feature was recently centrally disabled due to a bug.
It boggles my fucking mind.
Three things: First: What an awesome documentary!
r/https://www.youtube.com/watch?v=4PbciVl3nYU&feature=youtu.be
Second, the YES votes demonstrates that the Masternode community really want to pursue action in Venezuela, but the budget is too small at the moment to fund it directly. Once again we need to step up with donations to keep this rolling. Here is their donations address:
Xj6u9bcjegcro6ycFeEn8HTg4sBRCQ6ZpZ
You can confirm that address in this thread:
r/https://www.dash.org/forum/threads/pre-proposal-dash-conference-venezuela.15285/page-12#post-193703
And third, to "complete the loop" in Venezuela, we need a way for them to earn Dash directly. As awesome as it is to have 100's and 100's of merchants that accept Dash, without substantial ongoing income in Dash, it will never take off to the scale we want and need. One direct way to attack this is with a freelance service. This is a far more sustainable solution that just dropping a big pile of money in an air drop. As wonderful as charity is, it is not a long term solution to support the economy in Venezuela. More details to follow.
Carry on, have fun, win!
solarguy
I don't have a cause.
It's crypto, not a way of life. I don't care.
I'm simply explaining to the OP as to why Dash has such an outlandish mcap.
Especially given its history, which i'm sure your aware (Xcoin days, DarkCoin days, premine, MN, centralisation issues, Evan, etc).
I'm not jealous about Dash, I do wish I'd made money from it, but thats it. I could never hold money in an investment that has such an unethical legacy.
I could not give a single fuck whether YOU invest in XMR, DASH or any crypto for that matter. Your investment won't change the price, its irrelevant to me. People who make investment decisions in crypto based on what others say to them I find to be absolutely retarded.
this is old FUD that was not true then and is not true now.
February 27, 2016, 02:33:24 PM Dash De-anonymization Contest
Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.
I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.
Please tell me what address this transaction originated from.
Cheers!
Dash to unleash elite cybersecurity unit to ‘hack’ its blockchain https://www.cryptoninjas.net/2017/08/03/dash-unleash-elite-cybersecurity-unit-hack-blockchain/amp/
Kristov Atlas Security review https://www.dash.org/forum/threads/reply-to-kristovs-paper.2325/
This was probably funded by the Dash DAO (or Dash Budget, or whatever it is called ... https://www.dash.org/forum/threads/budget-system-funding-voting-dgbb.8762/ ) ... the self-funding method they use.
At current exchange rate, that's about $1M / month that gets added to the fund automatically. Spend it or it disappears, so there is incentive to Dash master node operators to vote to spend it on videos, community meetups, event sponsorships, etc. .whatever.
Good to see these altcoins employ a variety of approaches to "governance".
Hey Basilpop,
I can confirm the funds are in control of Ryan and Glenn. They will be posting confirmation over on the Dash forums (https://www.dash.org/forum/threads/prepoposal-dash-debit-card-ready-by-mid-april.13864/page-15#post-184913)
Thanks.
Correct, but they went wrong in a few places imo. I do hold dash so I hope maybe they address these things rather than this just looking negative. I do think other coins have improved on these points but I'm not here to shill for them
A vote costs $150,000
Incentivizing PoW mining requires higher inflation than I would like
PoW tends to centralize mining in Asia
They are moving away from privacy and toward transparency. They have even partnered with Coinfirm, a KYC/AML compliance and blockchain analytics company.
A branch of their marketing team is basically Correct The Record for crypto and shills harder than blockstream
Their subreddit is censored in the same way as /r/bitcoin. They tried to use public mod logs as bait which indicates to me a complete lack of understanding of why publicmodlogs are important
Here is the Factom blog. https://www.factom.com/blog here is the DASH blog: https://www.dash.org/blog/ If it wasn't for a few of us in the community, I don't think that many people in the cryptosphere would even have Factom in their crosshairs. Factom does an excellent job communicating with the industries they are targeting (they are all over Mortgage industry publications and conferences). But they don't do much to actively communicate with us investors and traders of FCT. Paul Snow and Brian Deery are amazing about answering questions when we ask, but there's not much proactive communication. I'm not saying this is necessarily a bad thing for us longer term investors who tend to understand why. But for the impatient, it can be frustrating. And it certainly doesn't do anything to get the Factom name and brand out there into the cryptosphere.
FCT is manipulated. Notice the big spike to the ATH? Want to know the primary force that stopped that run? Someone DDOSed the network (this has since been patched). Prior to that I was watching short interest on Poloniex and massive shorts were being taken out and not covering as we went higher. Next thing I know the network goes down just as we're ramping. Coincidence? I think not. One also has to wonder why Factom was one of the very few coins to be added to Poloniex margin trading at its' initial listing.
I'm in Factom for the long term as I believe in what they're doing and see the potential. Despite that, it stings at times to see Factom languish in comparison to other coins that have less or even zero potential. And with competitors that are about to come into the space that I suspect WILL be marketing heavily to the cryptosphere, I have some concerns about them gaining traction they otherwise would not and should not.
I know I going to get downvoted to oblivion because there is a large monero fan base presence on this subredit but here it goes:
I like Dash, and I'm heavily invested in it: -It has a solid long term plan. -Very generous and independent funding (doesn't have to go around with a tin cup asking for donations). -Solid team. Almost 30 people are working for the project full time and 20 more part time. -It has incentivised infrastructure. -Decentralised governance so it can resolve issues and allocate funding swiftly and efficiently. -Overall it is a very good project with solid foundations for further development and plan to make crypto as user friendly as possible remaining fully decentralised.
I have nothing against Monero. It looks like a pretty good project. Apart from that issue with linkable transactions last year (which I believe has been fixed) they have a good tech. However, they lack all these things that make Dash stand out: user friendliness, infrastructure, governance, instant transactions and they largely rely on donations. All these things may be OK for now but can become problematic if they want to grow and scale.
My recommendation would be to create a pre-proposal discussion thread on our forum, to introduce yourself and talk about your idea with the community ahead of posting the proposal to the network. You can do that here:
https://www.dash.org/forum/topic/pre-budget-proposal-discussions.93/
We have seen that people may be more resistant on proposals that appear directly on the network and they don't have any reference where it is coming from. So the best is to start with a discussion thread in that section and get some buy in ahead of submitting to the network.
Also you need to give people information and answer questions ahead of asking them to vote officially, this way you get to answer questions and convince skeptics. That would be my first step I would include information on your background, your experience with crypto, a good description of your project.
Also consider contacting the core team and introducing yourself. The most important part is everything you do ahead of submitting a proposal. You should get an idea about whether your project has value to the community. If it is your first budget having the core team escrow the funds as you reach milestones makes a big difference so consider that option.
About submitting the proposal itself,
For 12.1
Also, read this section of the wiki:
https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=8585246
And of course,
dashcentral.org
Ryan Taylor is the CEO of Dash Core Group which serves the community by developing the codebase that Dash runs on. Any news article that says he is the CEO of Dash is wrong and should be corrected. You can see the proper hierarchy at https://www.dash.org/team/.
Dash
>But DASH was always very quiet in the background without much coverage
It's funny you should say that. Our haters and trolls never get tired of repeating that Dash is all marketing and nothing else.
Here's our "marketing and nothing else"-team for reference by the way ;)
best bet is do your own research and don't totally rely on reddit comments ;-)
https://www.dash.org/forum/threads/addressing-the-premine-issue-for-good.7330/
https://www.dash.org/forum/threads/activating-masternode-via-spork.17598/#post-144246
as starting points
If the fees are your only objection, you'll be surprised to learn that they're scheduled to be reduced by an order of magnitude with the next release (v12.1) and completely eradicated for almost every service with the arrival of Dash Evolution. The few that remain will be dynamically determined with the use of Masternode quorums.
When the current fees were established no one had any indication for or anticipated today's prices per token.
Proof of Work will always be superior to staking when it comes to ultimate security. Nothing trumps raw hardware power. One CPU is always less powerful than two times that CPU.
Dash requires entropy from PoW-mining to secure the quorum selection process. This cannot be emulated with a flawed and attack-vector ridden PoS-scheme, it needs real world investment in form of unpredictable silicon doing random unpredictable calculations.
This does not mean power consumption and investment must go ad-infinitum. You can constrain what many people perceive as "waste". Dash has already done this by cutting down the mining reward by 55%. The net result is less hashrate at only marginally less security. The second step is to apply the same scheme we have put on full nodes to the mining network as well. We call it collateralized mining. You can read details on that here
TREZOR - Leger - KeepKey are all supported - guides for MN are on Wiki
Mobile Wallets:
https://www.dash.org/forum/threads/dash-mobile-apps.8400/
Faster Transactions / Lower Fees (elevator pitch)
Private Enough ! it has never been broken, never mind the FUD
T Shirts are available from different community members, there is a shop launching soon (wait a bit)
Well the Masternodes definitely bolster the value of Dash, but saying it's "artificial" is nonsense, because I hold my Masternodes not only because of the rewards but because I strongly believe in the project's continued success. What good are rewards if I think they'll become worthless? So the price being "artificially" high is plain false.
There never was a pre-mine in Dash. Whoever says that is either a troll or victim of a troll. What happened was an unintentional fastmine, known as the falsely labelled "Instamine" (nothing was "instant", it took 2 days), where 1.9 million coins were created by the network. Despite the launch thread on Bitcointalk clearly showing big interest and many miners commenting on launch day, trolls and haters claim Evan mined most or even all of the coins himself, which makes zero sense, because the Dash price back then was so low, that if he hoarded such a huge amount, market laws dictate a price explosion, if only one person controlled the supply (remember ZCash where the first coins were valued couple grand and then prices dropped massively?). Instead the high liquidity allowed early investors (like me) to get in very cheaply, proving many miners were competing on a free market trying to sell their coins.
Relevant links: * https://www.dash.org/forum/threads/the-birth-of-darkcoin.162/ * https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification * https://www.reddit.com/r/dashpay/comments/6283nk/important_questions_to_answer_before_investing/dfmvo40/
DashDrive is an integral part of Evolution and does not offer any user-facing features. It's not a storage solution for end users like Storj/Sia/Maid. Its purpose is to store account information for network hosted wallets and similar backend information required to run Evolution. Or in other words: It's a tool for the network to store non-blockchain related data.
Since it's an unfinished feature no concrete documentation has been released yet.
The Whitepaper text on DashDrive can be found on page 13 and following of this document
I have seen follow up posts regarding this question deleted on r/dashpay
There was a masternode proposal for a legal review but results have not been shared with the masternode owners that voted for it.
https://www.dash.org/forum/threads/legal-research-marco-santori-cooley-llp.12691/#post-115316 https://www.dash.org/forum/threads/fiat-dash-compliance-atm-compliance.12692/
Did the review determine that masternodes are illegal money laundering businesses in certain jurisdictions? Is "active" mixing that masternodes provide legal? Why have the results not been published? Are insiders using the results of the review to dump their masternodes before sharing the review with the community?
Masternode counts have decreased recently. Is it because of the price pump or legal concerns? https://www.dashninja.pl/#mnlistdetail
Good question. Here's the quasi-"announcement": https://www.youtube.com/watch?v=N7T-a2xm5c0&feature=youtu.be&t=2560
Evan was a little over his head with the "definitely"-statement. Notice that Holger's statement was about January 1st being "more realistic" not a "definite release date".
I just got word from the team and the plan is to coincide the release with the end of the last budget cycle of the old Treasury system to make the transition to Evolution as smooth as possible (This is the first Evolution module after all). That superblock is scheduled for ~~January 5th, 2017.~~ EDIT Evan's announcement fixed Feb 5th, 2017
I explicitly state "plan" for release because unforseen bugs might be discovered anytime. I am feverishly waiting for that release just like you, but we also have to accept that this release is critical for the future of Dash Evolution and thus has to be as stable as possible.
Checkout my presentation at the Latin American Bitcoin Conference, it covers the self-funding and self-governing nature of Dash pretty well: https://www.youtube.com/watch?v=bqWjAGfegIQ&feature=youtu.be
Also, here's a video series about how all of the tech works: https://www.dash.org/dash-video-series/
That will get you started:
https://www.dashcentral.org/p/DASHKuvaCashProject
This is their public face, pretty slick:
https://www.kuvacash.com/#services
here is the interview with Tao of Satoshi:
https://www.dash.org/forum/threads/catv-dashing-into-zimbabwe-the-kuvacash-project.16867/
TL/DR: We sent a team of three very capable people with experience in Zimbabwe and experience with fintech. And a bunch of money.
The way people do money in Zimbabwe is largely on the cell phone. They are designing a product with Dash on the back, that works more like what they are accustomed to.
And it's designed right from the outset as a pilot project, so if it works, we reproduce it over and over all across africa. If it doesn't work, we learn from the experience and then do it successfully.
Sounds cool, I don't think reddit is the best place to get the attention of devs though. If you don't get useful feedback here try the the forum in the development tech subforum or maybe just start a pre-proposal discussion.
The governance system has been peer reviewed by IOHK (response from the core team), and also, AFAIK Kristov Atlas reviewed privatesend back in 2014.
Hello, please see https://www.dash.org/dcg/jobs/ and submit your CV for an appropriate position at DCG, or check out https://dashdevs.org/ for work paid by Dash Incubator bounties
It has been over 2 hours since the last block appeared on the Bitcoin network. That means waiting even for 1 confirmation would so far have taken you 2 hours. The Bitcoin network does not support instant send and is not on the Fast Pass network, so there is no hope for Bitcoiners, but to suffer lengthy delays and a horrible fee market.
I'm always most interested in Bob's updates (26:30 - 41:12). In my opinion it is one of the most important things to watch, since he is talking about the technical foundations of the project.
In order to evaluate the technical merit of a project, you have to listen to the technical people and read the technical documents. That's why it's so important to hear from codablock, darrentapp, et al. about technical blogs/interviews/etc...
** So one of the biggest news here is the release of the Evolution design document:
https://www.dash.org/wp-content/uploads/Dash-Evolution-Initial-Design-Document.pdf **
This should basically be one of the most important things anyone interested in DASH should be looking at. I'm surprised there isn't more news or excitement about this.
Also, where does the community of developers hang out/chat/exchange ideas?
What about future app developers that will build on evolution? Do they exist yet? How will they be attracted?
What you perceive as fluctuation is the optimization you're asking for.
Lol,
Update: Seems like this has been brewing since May of this year https://www.dash.org/forum/threads/proposal-open-source-dash-gateway-on-ripple.14765/
will provide follow-up as I learn more
copied from https://www.dash.org/forum/threads/masternode-shares-and-voting-rights.13760/#post-121439
Part of the reason I don't offer votes for shares, apart from the complexity involved in doing it properly, is the ratio of shared to full nodes is democratically insignificant.
Shared masternodes currently comprise less than 1% of the network.
I'm hoping to design something on-chain and auditable, but there may be large data sets that make that impractical. (For instance, 300 nodes with 40 users each voting on 17 proposals is 204,000 data points to manage.) There are techniques to minimize the on-chain storage requirements, but there's still a lot of data to keep intact and available for auditing. Less of an issue as evolution's data paths mature, but an open question in the interim.
It's a complicated problem.
Well for one they just had the Q3 call yesterday. It was two hours and had tons of details regarding development, future business integrations, etc. The recording will be posted soon.
In the meantime please see this thread to find recent monthly reports.
https://www.dash.org/forum/threads/project-portfolio-report.17424/
Dash's masternode/governance system and treasury features are some current advantages. Special full nodes, called masternodes, provide tier-2 services (like InstantSend and PrivateSend) for the network in exchange for a portion of the block reward. InstantSend allows for near-instant transactions. PrivateSend anonymises funds through coin-mixing. These masternodes also have the ability to vote on budget proposals and other major decisions that benefit Dash.
In other cryptocurrencies, like Bitcoin, miners not only secure the network from double-spend attacks but also make the decisions by directing their hashpower to protocol implementations that they support. Instead of dedicating all of the block reward to miners, Dash rewards 45% to miners and 45% masternode operators every 2.5 minutes.
The remaining 10% goes to the treasury which is used to fund projects that benefit the Dash ecosystem. This month, over $2.5 million in Dash is available for proposals. So things like ATMs, independent security audits, promotions, POS systems, and apps can be funded. But it also means that salaries for Core developers, conference travel expenses, attorney fees, etc. can be covered.
And then there's the upcoming Dash Evolution which aims to make cryptocurrency easy-to-use for the masses.
No. In the proposal he said he would remove Ether, Doge and Litecoin and add Dash instead. This was done. But they were added back in later without notice. However, the proposal doesn't say it would permanently remove other altcoins in favor of Dash.
He was supposed to supply weekly updates........there has not been a single update.
In his original post he says he would provide weekly updates.
There has been discussion about this before – there was an Open Bazaar integration - pre-proposal. I did a bit of work on it myself but eventually dropped it due to lack of a Dash port of btcd. Towards the bottom of that thread there are some links to Go Dash projects that you might find relevant.
Hello +/u/Technologov
This is a story who brings many people over DASH, me included. Happy to have you here. Regarding your question the timing is aproximetly:
Regarding the electrum-dash you might ask the dev team.
Have you looked at
https://www.dash.org/forum/threads/splawik-s-supershares-hosting-service.3195/
I personally have not tried myself but lots of good reviews.
The internet was literally designed by DARPA to survive nuclear war.
All crypto currencies are hosted on thousands of computers so even wiping out a whole continent would have no effect.
Total control of the internet is also basically impossible because people would just switch to another DNS system.
In total disaster you are right: Silver, food, water, medicin and guns are better, but for anything less crypto is great.
In fact right now it will likely protect me in my ongoing divorce as they can't take my crypto assets nor even prove I have them.
An easy thing to play with would be the PC Dash client: https://www.dash.org/binaries/Electrum-DASH-2.4.1-Windows-setup.exe
That said of course you should diversify.
Thanks to /u/Basilpop's reply to question I just posted I found a relevant snippet in the Evolution DAPI Overview:
>3.3 Third Tier Light Devices > > … snip … > > The third tier network will have a fee structure based on the amount of processing time used, in order to deter spam attacks. These fees will always be low even when the network is transacting millions/billions of transactions a day. Even micropayments will be allowed on the T3 network. Users will be allowed a certain amount of free usage on the network perday, permonth, and peryear. As users utilize the network’s services, they will sign messages with their private key, proving who they are, which will in turn update their profile with the amount of processing time they have used. After using up their allocated amount of free processing, users can purchase more for a small fee. Merchants will often have to do this due to the amount of payments they process.
So /u/TaoOfSatoshi is right, Evolution is going to be very useful indeed :)
I will just talk about incentivised full nodes.
The worry that increasing the block size will drive out full nodes is a major issue in the bitcoin scaling debate. Dash masternodes are full nodes and they receive part of the block rewards, and t get that reward they have to keep up with the rest of the network. We can scale fast because masternodes have the incentive and funding to obtain good hardware and internet connections.
Heres what scaling will look like under Evolution.
https://i.imgur.com/k9fchH9.jpg
Note that "network actions per second" is not just transactions. Masternodes will be doing more than just relaying transactions under Evolution.
Usually when a network has master nodes (like Dash), they have some voting rights on a governance structure. They control and coordinate the development or funds in a pool by voting. This is how Dash master nodes work - https://www.dash.org/masternodes/
Lightning nodes are just passing cryptographic signatures around for each other. It's like if someone gave you a bank check to give to someone else, you can't cash it. So to you, it's just a piece of paper, it only has value to the end point receiver. You're just routing the data, similar to how a mesh network works, but with a very specific kind of data.
But, again, I'd want to know exactly what the french government means by master node. I can disagree with a judge until I'm blue in the face, but guess who's going to win that argument at the end of the day :D
Just to expand on what some others have written, our development team has consistently made large strides in improving the core functionality of cryptocurrency, from the advent of Masternodes to the leveraging of that technology to make secure instant transactions a reality, make Dash 51% attack proof, and allow for a trustless implementation of usernames (which is just the tip of the Iceberg of what Dash Platform is capable of).
Dash is also a pioneer in the culture of cryptocurrency. To my knowledge we are the only blockchain network that owns our development team and we have our treasury that anyone can apply for funding to. There is no gatekeeper allowing any team that thinks they can contribute to attempt to convince the network to fund their projects, this has yielded some great projects from Dash Core Group and Dash Incubator on the development side, to things like Dash Text and Dash Mall Parking in the adoption sector.
Finally, I want to touch on the Dash Investment Fund (DIF) that addresses one of the weaknesses of the treasury. The treasury essentially gives out grants which might legally binding contracts but they would have to be fought in court which would be very expensive due to the complexity of contract law and the murkiness of a DAO. The DIF solves this problem by having a board of people elected by the Masternodes direct funds to buy interest in companies and enter into contracts on behalf of the network. So far they have bought into a gaming competition company (ReadyRaider) and a company that makes proprietary apps for buying giftcards at the point of sale (CrayPay).
These are just a few of the things going on in the Dash ecosystem. The day to day of the markets are sometimes unkind to Dash, but I know in a long enough view, no other cryptocurrency comes close to the long term potential of Dash.
If I might chime in: I did not go full-time for Dash because y'all sponsored me in the early days.
In fact, getting sponsorship on The Daily Decrypt from the Dash network was actually a bit of a nightmare. I had MNOs criticizing me in the dash.org/forum because they didn't like the way I talked about Dash on the show (in this case, they were pissed because I referenced Monero on an episode that Dash sponsored). I was actually glad when the sponsorship ended because I didn't want any more MNO hate coming my way.
So actually, it was my underlying belief in Dash's technology and governance -- NOT getting sponsored -- that brought me on-board full-time. If you just ask influencers to talk nicely about your product in exchange for payment and think that that's somehow going to convert them, I invite you to research Dash's history with Ben Swann, Rory MacDonald, and Max Keiser.
I know you mean well, but I invite you to talk to my new boss Mark Mason about marketing concerns you have. He's got a lot of good ideas and is actively executing on some of them already via his Newsroom/PR proposal. I think you'll be pleased with his instincts and vision.
He may be green and somewhat tentative right now, but if continually trusted with the funding he's asking for, over time I think he will create a full-blown, in-house Dash global marketing entity. This is something I've wanted for a long time, and couldn't be happier to have been asked to be a part of it.
Dash seems to have an endless stream of girls that shill their project for them on their Youtube: https://www.youtube.com/channel/UCAzD2v9Yx4a4iS2_-unODkA/videos
Absolutely cringe worthy and hilarious. Can't possibly take them serious. Look at this page: https://www.dash.org/team/ CTO / COO / CFO / CEO rofl.
Must be me huh'.
Brand expansions are big to-dos - you guys did a wonderful job, and despite the fact that there will always be unease around such a substantial change, I feel you guys did a thorough job and created something lasting and beautiful.
My question for the Zen community and team is if/when/where might consistent Horizen artwork, color swatches, vector graphics and such be made available for download (if it isn't already) for use by the community? (similar to DASH's page https://www.dash.org/graphics/)
Reason I ask is I have been making and selling T-shirts focused on spreading Zen awareness and starting conversations (www.agoraoutfitters.com) and would love to be able to use consistent graphics and colors in my redesign of the now legacy Zen merchandise. Any info on this would be greatly appreciated, as I'm already looking forward to generating new Horizen artwork to help spread adoption.
Thanks!
Well their costs are based on NiceHash prices. Not sure how NiceHash does their pricing, but my guess is that if you tried to buy that 27% it says they have it would probably drive the price up. Then your left with figuring out how to get the rest, and doing so in a timely manner. If you want to attack for an hour you need all that hardware working for you in the same hour. Even with 51% you need a decent amount of luck to get several blocks in a row on your first shot. The other thing you need is someone to scam who is willing to take your coins for something worth the cost and risk that they can't take back and get them to give it to you with very few confirmations.
The other issue here is do you actually get control of hardware you lease on NiceHash? Can you choose to fork that way? I could be wrong but I don't think that's how it works.
Looking at the cheaper listings for D3 miners on ebay you can get a 19.3gh/s miner for $179, that would be $18.5 Million to equal the current hashrate, assuming you could somehow buy 103k of them. Yeah, pretty questionable.
We also have the masternodes to counter this threat. Any transaction your worried about can be done via instant send. I believe that would protect you, someone correct me if I am mistaken. Hopefully someone else here could offer some insight into what masternodes could do to mitigate such an attack.
That said I do tend to favor the POS model. Not sure if there is any support here for that.
edit: Silly me I completely forgot about the collateralized mining we have on the roadmap for 14.0. https://www.dash.org/2017/06/27/roadmap.html
Still a single team as far as I know, but Dash has a very interesting governance model. There's a kind of "proof-of-stake" method for voting for new developments and providing the funding for it.
I know Dash gets a lot of flack around here (not going into that now), but this decentralized governance on their blockchain is very interesting indeed and doesn't get enough credit in my opinion.
> are there other DAOs?
There are very few currently functioning DAOs. From the top of my head:
Not that these are DAOs in the real sense: distributed autonomous organizations, and not necessarily the decentralized VC fund that TheDAO was.
There are some projects that work on tools with which you easily create DAOs - from the top of my head:
> why didn't they just fix the bug or do a detailed code review and then re-launch months later
A mix of several reasons I guess, just to name a few that contributed:
You see this page https://www.dash.org/team/
Have a look at the first image..... CEO
You think when the US government say no to anonymous crypto, Dash, with a physical company presence in the US will be able to fight the government off? If so, it's time for you to put your tin foil hat back on.
For observers to this thread, you will soon realise dash supporters, and especially basil, get very angry very quickly, many people have told basil to have his anger issues seen to, but unfortunately he doesn't seem to have yet. He is unable to see any viewpoint other than the bible of dash.
The Dash "de-anon challenge" is a pretty lazy attempt and holds little to no credibility. Below are the issues I take with the "challenge" in it's current implementation:
• there is currently no bounty, there is a pre-proposal to fund one, but it has not been approved yet.
• there are no directions to submit an answer/no way of knowing if the correct person checked the answer.
• there is no way of knowing if a correct answer has already been submitted (this is why having a deadline, then posting the answer after is helpful)
• aside from a few Dash fans spamming a link with very little information, there isn't really any advertising or community backing.
> Dash
Started as XCoin using the Bitcoin code base.
> Monero, ETH, Zerocash
All Blockchain based, using technology as pioneered by Bitcoin. Without Bitcoin they wouldn't exist.
> Ripple
Is not a trustless, decentralized cryptocurrency.
You're trying a little too hard to portray everything being the team's fault. How about doing some research first before throwing out accusations like that, because the info is out there: https://www.dash.org/forum/threads/mycelium-integration.10541/#post-107601
Its hard not to respond really negatively to the barage of shitposts lately. I give you all props.
As for this one... Turn it into cash if someone doesnt accept it. I highly doubt you didnt think about this if you actually have ever purchased any cryptocurrency. As it was with Bitcoin, the merchant adoption takes a lot longer as you should know. Its still hard to find places that accept let alone know about Bitcoin. Also, no one cares if your investing in Dash or not. Why even post? If you were really concerned and looking for an answer you could post a question like most people do.
Here let me google it for you...
Top post when googling "accepts dash crypto": https://www.dash.org/forum/threads/merchant-directory-listing.3445/
Maybe try using google if you have questions. Second maybe try searching this subreddit. Or maybe go to dash.org.
This is why i think this is just more anti dash spam. If this is a legit post then sorry... But you have to try harder than that if your going to be "investing".
> It already increased its blocksize
We haven't increased the blocksize yet because there is no need. We merely agreed to do it when the need arises, thus settling the debate to show BTC how governance is done.
>But DASH still has the fundamental issue that companies are less likely to accept it because its creators purposely designed it with anonymity in mind
Actually Dash has partnered with Coinfirm for full compliance and zero effect on its anonymity features: https://www.dash.org/news/dash-adds-full-support-for-amlkyc-compliance-with-coinfirm/
>We already saw how Apple was banning DASH apps while accepting BTC ones
Apple did not remove Dash for its anonymity as evidenced by accepting Monero (even though the integration ultimately failed, but that's not Apple's fault). By now Apple has already accepted Dash as an "approved currency", we're only waiting on Decentral/Jaxx to re-activate it.
>and how Coinbase sells ETH but not DASH.
From what I hear that's likely to change by the end of this month. Either there or Kraken. That remains to be seen
I can't believe all the replies I'm reading here. Has no one read the evolution whitepaper? On page 24 it clearly shows scaling and required Dash per masternode decreasing as price increases. 1000 at $10US, 500 at $100US and 250 at $1000US. Admittedly this isn't much better lol, but there you have it.
Any post which claims to inform about the instamine yet does not even mention the existence of the longest official and unofficial thread on the topic, much less post a link, is of questionable value.
https://www.dash.org/forum/threads/the-birth-of-darkcoin.162/
As for your conserns about "fairness". Grow up.
Basically, an InstantSend locks the input(s) used to send a transaction so that it can only be used in the first transaction an InstantSend is requested. This effectively makes a transaction that is received in 1 second double spend proof with the same security as 5 blocks(waiting 12.5 minutes).
Here are all the details. https://www.dash.org/instantx/
Dash's major advantage over Monero is that we don't have the pathetic urge to compare ourselves with it constantly. A feeling that is not mutual.
We're not competing with Monero in any way. We have surpassed it by light years.
Governance by Blockchain
Incentivized full nodes
Instantly confirmed doublespend-proof transactions
Self-funded sustainable development with a virituous cycle of price appreciation->higher dev budget->better technology->even higher price
Tons of other ground-breaking and pioneering features in the pipeline. Codename Evolution
How does any shitcoin of choice compare to that?
>Is Dash just hype right now?
Yeah, just hype right now. Not solid and proven fundamentals as shown above. Just hype.
>I thought other currencies did better what Dash does.
Well you thought wrong.
PS: Can't comment on ZCash because: duh: it's vaporware as of now.
Edit: You can downvote me all you want Monero stalkers. I will continue to call your one-trick pony out whenever someone prompts me to.
Hello 0 day account. You make valid points, so your real account would've actually sufficed.
InstantSend as well as PrivateSend will lose their respective monikers with the advent of Dash Evolution because they will become default features and integral parts of the protocol. The check boxes will disappear in the Qt-clients and the entire network will be permanently mixing coins. The whitepaper detailing this hasn't been published yet (Chapter 8 refers to a seperate paper), but Evan made similar statements numerous times in the past.
As for the name: People still call Bitcoin digital cash as well and we all know it doesn't really apply. The name "Dash" represents what it strives to become, not necessarily what it already is. After all, cryptocurrencies are without exception experimental software in development. No amount of billion USD invested can change that atm.
The documents can use some work, yes. My understanding is that they are being worked on. It's not immediately obvious, but Raptoreum is a fork of Dash. The same mechanisms designed and written about in this article on Dash's blog is relevant.
Difficult to keep something 'secret' when it is pinned as topic on the dash.org/forum in our General Discussion section and read more then 17000 times.
Source : https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/
And no, that was not a ninja mine.
Crowdnode has InstantSend support! https://www.dash.org/fastpass/ I got this email before the TX was even confirmed on the blockchain, LOL.
Here is a quick run down of Dash to some of its competitors (sorry, XLM and NANO aren't listed but it should give you an idea of what Dash can do): https://pbs.twimg.com/media/ErZb1mcVcAE3NnN.jpg
Out of all the coins looking to focus on the payments market, I believe Dash and Nano are the two that have the most potential but I personally prefer Dash as they are about to release Hierarchical Deterministic Usernames in the next release and will essentially have become a decentralized Venmo: https://www.dash.org/dashpay/
Without HD Usernames, I do not believe we will ever achieve mass adoption and as of now, it looks like Dash will be first to market with this feature.
“Exchanges and services receiving the accolade include Coinbase (and Pro), Liquid, KuCoin, HitBTC, Hummingbot, Quadency, Bibox, WhiteBIT, and Indodax among others. Trading bots will play a large role in the network as with Dash’s near instant transactions, human action becomes the slowest part of the trading process. Hummingbot’s liquidity mining bots and Quadency’s robust set of trading bots will automate traders’ strategies.”
Full list of FastPass Accredited Partners available at: https://www.dash.org/fastpass-participants/
Finally someone is using their big brain to market a specific use case for Dash.
It should be very easy for an exchange/light wallet to detect InstantSend transactions using dash core. Here is tutorial that I wrote a few months ago.
I'm not sure about the details of detecting InstantSend transactions when you can't use Dash Core (for example SPV wallet). Also not sure how to create InstantSend transactions without Dash Core. https://github.com/dashevo/wallet-lib seems to have instantsend but "Usage for production discouraged".
You're using the old Dash logo and you called it Dash coin. I'd advise you to use the correct Logo (The logo was changed over a year ago) and use the correct name, Dash is called Dash, not Dash coin.
> Then you should have it scientifically peer reviewed
We did, it was reviewed by Kristov Atlas absolutely ages ago -https://www.dash.org/forum/threads/reply-to-kristovs-paper.2325/
We've also had bug bounties for anyone who can de-anonymise a PrivateSend transaction. No-one has been able to.
Shouldn't that info be on DashWatch at least, or somewhere else?
Ok I found some info:
The above link is on that DashWatch card buried in the notes, and I found the following update from Huobi on page 5 of that post:
https://www.dash.org/forum/threads/dash-on-huobi-pro-performance-report.36816/
Would be nice to add their update to the DashWatch card too, maybe under "Events and Milestones" but I don't see anywhere how to contact DashWatch from the website. Any ideas?
There is actually a professional rebrand in the works: https://www.dash.org/forum/threads/proposal-marketing-communication-october.16913/
Dash is decentralised - put the idea out there and potentially make an official proposal. You should get a pre-proposal going.
Here is where you need to be: Pre + Budget Proposal Discussions https://www.dash.org/forum/topic/pre-budget-proposal-discussions.93/
From the Dash whitepaper,
>"Darksend is an improved and extended version of the CoinJoin. In addition to the core concept of CoinJoin, we employ a series of improvements such as decentralization, strong anonymity by using a chaining approach , denominations and passive aheadoftime mixing."
These 4 things greatly improve the effectiveness of Dash's coin mixing when compared to coinjoin. Feel free to ask questions, or read the whitepaper pdf for full details. The whitepaper analyzes coinjoin and its faults and explains how the improvements made to PrivateSend actually provide privacy.
Note that this pdf is older but it should be pretty accurate on PrivateSend.
Thank you for the serious response. But I still think it would be cool for dash to sponsor an official "de-anon challenge". If nothing else it would give you some new quality material to write about, right?
Edit: looks like Dash is getting in on the action, let the games begin!
https://www.dash.org/forum/threads/pre-proposal-dash-privatesend-de-anonymization-contest.16038/
Let me turn that around then. Why LTC? What's about that you like?
Short confirmation time? Dash has the same.
Low cost? Dash has the same
I name Dash in particular here, but other coins have the same advantages. So you should ask yourself "Why LTC, and why not the others".
Look, there is no need to have any hostility between coins. But if you want to have your money increase in any way you have to have better reasons for holding it than "I like them" and "The community is growing". You need to look at real world business implementations and acceptance. Outside of those that are in the crypto world, all these alt coins aren't even on the radar. Bitcoin=cryptocurrency and is mentioned in the same sentence as alphabay and other darknet applications. Nothing else exists. So you need to look at how your coin wants to get out of this shadow and become an entity on its own.
And why I mentioned Dash specifically has a reason. Have you had a look at what Dash plans to release with Evolution? https://www.dash.org/evolution/
You are free to invest in what you want, but do so with good reasons and a future outlook of potential results. Otherwise you could just as well take it to a casino.
Executive Summary
Dash gambling sites can make a profit offering 0% house edge gambling by using part of the players’ deposits as masternode collateral. The sites would break even on the betting and make a profit from the masternode rewards. This can be done with little effort and no additional risk.
This is a chance for Dash to leverage the rewards in the masternode system to offer a unique and attractive service that would give a lot of people a compelling reason to acquire and hold dash. Therefore driving dash price and adoption.
I wrote up the idea here https://bitedge.com/blog/0-house-edge-gambling-is-easy-with-dash/
Forum discussion here https://www.dash.org/forum/threads/0-house-edge-gambling-is-easy-with-dash.15776/
What do yall think?
PIVX has a few key advantages over Dash. They have the zerocoin protocol coming very soon (already working on testnet) and a privacy centric manifesto/devs. Paired with instant transactions, mobile apps coming soon, incentivized nodes for decentralization, proof of stake for security decentralization, seesaw to hold a good balance between stakers and masternodes, fully distributed governance (coming soon), and low/burnt fees to avoid a fee market, I think pivx is going to be huge
Edit: And damn pivx's slack is fun. Stop on by even if you're not holding any
Dash has obfuscation, but has partnered with blockchain analysis and regulatory companies to promote adoption. They also voted to favor transparency over privacy. It's certainly their prerogative and I hold some dash, but I don't consider Dash a privacy coin anymore.
Hello, it is safe. The DMT tool GUI is based on https://github.com/chaeplin/dashmnb of @chaeplin`s who is officially in the developers team of Dash https://www.dash.org/team/
You can use it safely.
It was.
>We are also happy to announce the legal procedures have concluded and we and our service providers can safely use the brand Dash in everything that relates to virtual currencies. With this Dash becomes one of the few cryptocurrency projects with well-defined trademark rights.
>This was the first big win for the Foundation, and we would like to thank them for their hard work over the past year on all of these legal matters.. Their work has been been invaluable to our currency and will undoubtedly continue to serve us well. Also, we need to thank the Foundation members for their financial support. Without their fees we would not have been able to afford the necessary legal work, since it began long before we had the blockchain governance system in place. As a side note, the resolution of the trademark issue means we can officially rename the foundation from the Darkcoin Foundation to the Dash Foundation.
This specific product doesn't look like a virtual currency to me, though. We'll see how the Foundation's lawyers feel about that.
There is some talk about Private Send mixing liquidity providers on the forum: https://www.dash.org/forum/threads/proposal-infrastructure-liquidity-providers-oct.10675/
The problem nowadays is that there is zero incentive for me (a Masternode owner, sitting on a bunch of Dash coins) to provide liquidity for Dash mixing. I don't get any money for that service. In fact I must pay a mining fees for every mixing transaction. So I get penalized. So I don't.
Here is the scam advertisement: http://thedashtimes.com/2017/03/13/mobile-cryptocurrency-app-freewallet-enables-dash-support/
Proof of closed source scam: https://monero.stackexchange.com/questions/2930/which-entities-are-related-to-bytecoin-and-minergate
Be careful following wallet recommendations from DASH community members. Bad things happen when you do not rely on well vetted open source code. DASH has a bad track record for wallet security.
https://www.dash.org/forum/threads/security-advisory-for-paper-dash-org.8525/#post-90291
Without top shelf cryptographers or other security experts expect more mistakes in the future. Breaking IPv6 in DASH 12.1 was just one recent example
The video states only ~2% of older Masternodes were disabled by the attack, but in reality it was 500 Masternodes, or over 10% of the network that was disabled from the DDoS originating from a small number of IPs (around 2,000): https://www.dash.org/2017/03/08/DDoSReport.html
Because of the way Breadwallet does HD key derivation, the 12 word passphrase is not directly compatible with most other wallets like Mycelium or Electrum that follow the BIP44 standard.
On the other hand, it's based on open standards so there are methods and tools to recover your keys from the passphrase, should you need to.
Edit: do not ever enter the 12-word passphrase of a wallet that holds bitcoin into an online form. That's the fastest way to get your bitcoin stollen.
Dash is #2 for me. Network effects are king but litecoin is basically the same thing as bitcoin. If bitcoin fails litecoin will probably go with it. I have some litecoin because its shorter block time might allow it enough time to implement a version of bip101 or whatever if the bitcoin blocksize issue isn't resolved well. That's just covering my ass though. I don't really see anything interesting about litecoin in and of itself.
Etherium is interesting, but I think that in order to be a successful currency you need to be trying to be a currency. Etherium is trying to be a decentralized computing platform and I kind of doubt that it will succeed at even that. Though I don't even know wtf gas is supposed to be in etherium so I am probably not the best person to be commenting on it.
And that brings us to Dash on coinmarketcap(fuck ripple). Dash is actually trying to be a currency and already has a good solution for scaling, governance and instant transactions and is working on dramatically improving it. That's fucking amazing compared to whats going on in bitcoin these days. The story bitcoiners are telling themselves is that if an altcoin comes up with something amazing they can just merge it into bitcoin and win easily with network effects. Given the current blocksize debacle I am doubting that they can pull it off. Can you imagine the debate over making bitcoin a 2 tier network?
>masternode pools are currently the best?
If you interested in putting less than 1000 Dash towards a shared masternode, I would suggest you research CrowdNode.io and decide for yourself. If you have 1000 Dash and want a company to host the masternode for you look at Allnodes, Node40 etc. See https://www.dash.org/masternodes/ for more.
​
>I met the owners of Dash
Thousands of people own Dash. Dash is not a company. Dash has no front door and no CEO.
Escrow is almost standard for every larger proposal otherwise they don't have a chance to pass, especially if the prop owner is a newcomer. Which leads to the next point: Most proposals approved are from people with an established track record of delivering and are well known within the community, so reputation is another safeguard.
Other than that, I recommend reading this: https://www.dashforcenews.com/dash-core-releases-details-of-legal-trust-structure-allowing-masternode-network-to-own-property/
The Dash DAO can enter legal contracts with other entities by proxy. The Trust will have a board of elected representatives and they will be able to sign contracts with proposal owners on behalf of the network. Details on the elections are part of this post
LOL. Dash core doesn't rent all that space.
here is a quote from the proposal when it was voted on.
>A “premium office” in a LEED Silver Certification (class A) building which can accommodate up to three workstations or two workstations and a visitor meeting table
2-3 workstations, that's it. Plus everyone was probably out for lunch.
Discussion about trying to implement decentralized masternode shares via MyDashWallet.org: https://www.dash.org/forum/threads/mydashwallet-continued-development.37723/#post-191487 (also spoken with Splawik about it, it is just an idea atm).
> Only about 10-15% of the total supply was fastmined at launch
Okay, I just spent half an hour again looking into this (on the launch thread which has over 6K pages) which is all I have time for right now. I did find something quite interesting, though it wasn't what I was searching for, which is there was apparently NO coin limit at all for miners! Here is the link:
https://bitcointalk.org/index.php?topic=421615.msg4601780#msg4601780
So, with the botched launched which included have no working Windows version there was no limit to how many coins could be mined...
Later on Evan changed the block reward, then later he changed the total amount of coins from 84M to just 22M as far as I can tell. If he can (and has) changed variables at a whim who is to say exactly what percentage of what anyone has?
Not likely. All the roadmaps place it in version 15 of evolution, with a release date of TBD. Unless re-prioritized, I'd guess more like Q4 2019.
https://github.com/dashpay/dash-roadmap#150---evolution-v3-tbd https://www.dash.org/2017/06/27/roadmap.html
If you look at the evolution road map thier is a plan for trustless masternode shares with voting. It is slated for dash v15 evolution v3. Dash has some bigger items to worry about then everyone having a master nodes at the moment.
Here is road map of dash: https://www.dash.org/2017/06/27/roadmap.html
Probably the iggest thing coming up si Dash Evolution, you can read about it here: https://www.dash.org/evolution/
I peronaly hold ltc, dash, btc as well as other alts, but i feel that dash is still heavily undervalued and has great scalability mostly because of self funding from network and i belive it will be doing exceptionaly good in upcoming months and years
What a wasted half an hour of my life trying to read this poor excuse for an article to gain some attention!. The least you could do is add some evidence to your bul***t!(please excuse my french, its suffers from allergies to bs posts) , i mean you've tried this before and have tried it again - what do u really hope to accomplish?
Why don't you just try breaking privatesend like all the other trolls who've tried to de-grade Dash and when you really have something to show, show it otherwise keep your trap shut, nobody wants to see your bs!
There's been a challenge out for quite some time now and the Dash Network is offering top notch $$$$ to anyone yes anyone that does mean bullsh*****s like your self to break it, so why not take up the challenge? you've got nothing to lose other then your manhood!
For all other readers out there who are also accustomed to reading c**p like this, the DASH network recently passed a proposal for "Bugcrowd" to identify bugs and vulnerabilities within the code. The bug bounty program will overall strengthen Dash's overall security.
Ref:
Monero, Pivx, BTC, ETH, LTC and all other cryptos we challenge you to the DASH Privatesend Challenge, why not make 300 DASH and earn $60744 at today's prices (202.48 per DASH), you will only help to stengthen DASh in the long run :)
https://www.dash.org/forum/threads/pre-proposal-dash-privatesend-de-anonymization-contest.16038/
Wall of Coins is working with a few wallet developers to add buy support to some of the apps. I can only say that my wallet app -- Dash Wallet -- is one such wallet app.
Most probably your "wallet.dat" is from Dash Core wallet. Download and install it. Dash Core wallet needs whole Dash blockchain. To speed up blockchain download use bootstrap.dat (follow Usage notes here). Copy your wallet.dat to the Dash Core folder (the same as where you copy bootstrap.dat). Start wallet and wait for full sync (up to 2-3 hours). Now you can send your Dash to preferred exchange.
Probably a mix of that and the new roadmap that was just released: Roadmap
400MB blocks without losing decentralization because nodes are paid a portion of miner rewards in DASH. A venmo like service run using those nodes will allow mainstream users to transact on the network easily and securely.
In my opinion DASH is extremely undervalued right now.
Edit: Also DASH.org was just translated into Korean: https://www.dash.org/kr/
If this works like Bitcoin or Dash then maybe this will help. Need to perform a rescan to sync yourself to the Blockchain because this transaction will never go through.
https://www.dash.org/forum/threads/frozen-transactions-why-it-happens-and-how-to-fix-it.1649/
I've submitted an alternative preproposal to create an open-source gateway that won't require KYC. See more at https://www.dash.org/forum/threads/pre-proposal-open-source-dash-gateway-on-ripple.14765/
I'm a big fan of blockchain for many things, not even just currency. There have been some really interesting uses (see: http://ehealthnews.co.za/global-blockchain-healthcare-initiative-launched/) and I'm really hoping that innovation continues in regards to the potential markets it can create. Whenever my team and I get together for meetings, we always end up on some long-winded group tirade about this topic; always interesting to hear people's thoughts, where they'd like to see it go, what they see wrong with current systems, etc.
I'm not much of a fan of the way bitcoin manages blockchain, but I am happy it became so popular because it really drove the discussion into places it wasn't happening yet. Dash is by far my favourite in the way they've built their system to function (here if you're unfamiliar: https://www.dash.org/). I think it keeps in the true spirit of being open and decentralized.
Anyway, yeah... I see what you mean about a single person being able to change things. I mean, obviously Musk's ideas are changing things, I'm just skeptical of enough other corporations being smart enough to invest in their own futures and follow. That said, if they fail it'll be their own damn fault for lack of foresight and ambition. I want to see competition in this space, though. Healthy competition. Unfortunately, for a while anyway, I see a lot of other companies competing in the way smartphones "compete" with each other; "we have this feature, too!" style shortsightedness and a focus on profit instead of healthy determination to invest in yourself to do better.