Bitcoin Forum

I have read this article and my eyes opened:
http://www.buywithbitcoin.info/if-bitcoin-will-not-progress-dash-will-overtake-bitcoin

Now i know that Dash solved all the problems that bitcoin have.
I haven't send huge amount of bitcoins, but now i know that for big players it costs allot to send bitcoin, fees are growing, confirmation time growing...

What are your problems using bitcoin and how we can solve them as fast as we can?

My thoughts:
1) Why the self-moderated thread?
2) This sounds like pure propaganda from a DASH pumper.
3) DASH is a premined shitcoin. I know, as I was there, mining it while it was called Darkcoin (DRK).

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That said, let's evaluate:
Unsafe.

Anonymity provided by Dash is negligible in comparison to Monero.

Complete lie.

Well i don't know, but to me Dash sounds promising.
Why instant transactions unsafe?

Why did you avoid my question about the thread?

You can implement something similar in Bitcoin as well, that doesn't mean that those transactions are backed by security. Technically Bitcoin has near-instant transactions, but those are usually referred to zero-confirmation transactions and not considered safe.

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DASH was mostly ignored until someone started pumping it heavily a few days ago.

From what I have seen, the problem that Dash is claiming to solve is attached to the fact that the price of bitcoin is increasing and the population is equally increasing which we are not sure same thing will not happen to Dash if it can get the awareness bitcoin has garnered today. Aside that the problem which Dash can solve to me then I can prefer it over bitcoin, is when its possible to reverse scam transactions if I can prove I have been scammed aside that, then no problem is actually solved...

I think you made some misunderstanding in your mind because the transaction fee doesn't depend upon the amount of Bitcoin that is transact actually it all depends upon the factor that the Bitcoin you are sending is got by you from how many inputs .
Thus fee depends upon the numbers input + output for the particular amount of the Bitcoin .
edited :
So here you just now need to become more experienced to use in every manner , in this way you can find a better thing in bitcoin than in any other coin or altcoins .
Here I will only say at overall that " bitcoin is king " but need small improvements .

Delayed confirmations are just one of the major problems confronting Bitcoin lately but that doesn't make dash an alternative to Bitcoin. I Know plans are far in advance to increase the block size so that should be over pretty soon. Apart from that I don't have any major problem with Bitcoin.

Correlation is not equal to causation. I doubt that Dash gained any significant number of users. The current price rise is a bubble, by some group of pumpers.

Reversing any kind of transactions -> centralized coin -> no censorship resistance -> useless.

The transaction size to be exact, yes.

That's not a problem specific to Bitcoin. If all this TX volume moved onto other coins, they'd face equal if not bigger issues.

People are running to Dash, because it is supposed to be more anonymous, but the real problem is not anonymity.... it is the network affect. How

many merchants and services accept Dash as a currency at the moment compared to Bitcoin? How many nodes are running compared to Bitcoin.

These are the types of questions that highlights the real value of Bitcoin over other Alt coins. Yes, Dash might be more anonymous, but it is not

the only factor to think about.  ;) Good discussion point... I wish more people will realize that other coins are coming for Bitcoin.  ;D

I don't think that Dash dumped, dash constantly becomes better, more user friendly not like bitcoin. Bitcoin only promising.

Dash doesn't even win at anonymity either. See XMR vs. Dash.

Practically nobody.

DASH does nothing. It is a premined coin. Go read about the history of Dash first before promoting it. ::)

Hackers will be focusing on Dash, it's just a matter of time when shit break loose.

I don't care, i don't know what is premined, it solves Bitcoin problems and i will use Dash for transactions because it's instant and have almost no fees.
Watch this video:
https://www.youtube.com/watch?v=8GwsmnHE3Rk

Bitcoin is for holding, merchants don't want to wait 10-20 minutes for confirmation, Dash solves this problem also.
Dash solved most problems that Bitcoin have, only advantage that Bitcoin have is that it's more popular right now, but it's not user friendly.
Bitcoin can promise, Dash is doing it.

Big players or traders dont worry about paying few satoshis more in fees and actually moving thousands of $ worth bitcoin is too cheaper than other payment methods. The only one who get affected are newbies and the one who like to send and receive micropayments.

I have send 900$+ in Bitcoin and i paid 10$ in fees, 10$+ is not satoshies.

coolio. we have this week's 'bitcoin killer'.

i'm finding it kinda hard to keep track of them, there've been so many.

protip - one pump does not guarantee total ascendance.

Dash solves nothing. It feels like I'm talking to a wall.

Wrong. Merchants can accept zero confirmation transactions if they choose to.

Wrong.

Wrong.

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If this is a DASH promotional post, then move it to the altcoin section.

You seem new into this. You should always consider that everything has tradeoffs.

Now, you think instant transactions come without a price?

Bitcoin is slower, and more expensive, because it's more robust. You think Dash developers are smarter than the Core developers which consists of cryptography legends? Get real.

You can't have instant transactions that are as safe as the transactions happening in the bitcoin network (backed by the biggest amount of hashing power on earth). This is a simple matter of PHYSICS.

We will have instant, cheap transactions and rationally safe enough with LN, but stop dreaming about what is physically impossible.

If such a coin existed, everyone would move there and we all would be rich overnight.

Well of course if your arguments does not make any sense it''s better to talk with walls.
Bitcoin is not anonymous, transparent, everyone can analyze blockchain and track the transactions.
Bitcoin confirmation time is too long.
Bitcoin fees is growing.
Bitcoin is not user friendly.

Dash solved all this problems
We know that Dash creates user friendly evolution app in 2017 while we don't know when Segwit will be implemented, Bitcoin keeps promising.

YOU have NO ARGUMENTS. You are just saying "Dash this, Dash that". Those are just baseless statements backed up by nothing. Show me proof of any superiority done by technical assessment and not by DASH bagholders.

It is pseudo-anonymous, which is currently more than enough. Your blockchain analysis is useless if I don't tell you what address is mine.

No. It is a consensus rule agreed by the network.

That's how the system is supposed to be working. Free market economics. ::)

It is far more user friendly than any other altcoin.

Okay, let me call it:

You say just Bitcoin Bitcoin Bitcoin too :)
Let's admit that Dash is doing while Bitcoin is promising, i personally don't know when Bitcoin will solve all these problems and segwit with lightning network will be implemented, i split 50% of my Bitcoin to Dash because i don't want o pay more fees. With what Dash is offering right now, i just don't know what will become top 1 Dash or Bitcoin, bitcoin needs to start solving issues faster.


That's why everyone runs to Dash

Bullshit. I've swiftly laid out strong points that you can not refute. 1) Confirmation times are a consensus rule and low confirmation times at these block sizes would lead to high orphan rates. 2) Fees are dictates by a free market based on supply/demand. The fees on DASH will not grow until there are actually people using it. Hint: There are almost no Dash users.

Name me 1 DASH development that is equal to or superior to one such as secp256k1. Oh right, you can't.

I'm still not convince to use Dash since that coin are already old but the movement still not the same as bitcoin how bitcoin are growing..
Check the progress of bitcoin do you think those company will close and transfer into dash..
Well for me better to go in litecoin dogecoin or other altcoin in top rankings than in dash.. before i have dash when i was collecting it but i dont used it because site or services that i can used. its useless there is no company are accepting it.

I don't want to know all these things, because i am not technical, i am user of Bitcoin and i want fast confirmations and less fees, if you are one of the developers and don't respect what users want it's just not right...

Wrong again! The developers are in no way obligated to develop for you. The developers of Bitcoin work on it for various reasons. If you want a specific change X, go learn how to code and create said change. It's simple as that.

For me? :D
Everyone wants fast confirmations and less fees. I want just Segwit and lightning network to be implemented and while Bitcoin developers promising other players solving issues.
You are WRONG!
Bitcoin is for users!
Not Developers.

Nope. I'm fine with current confirmation times and the fees could be better, but I don't mind them either.

It's one thing to develop something and it's a completely another thing to deploy (in the case of a soft fork). The fact that other can fork easily just shows their lack of decentralization and minuscule network infrastructure.

Okay. Going by that logic: Let users develop the features that they want themselves. Let's see how that goes. ::)

When Segwit will be implemented? :D

Yeah Dash is the new flower of the month and people start to watch it. But eventually it will fade like any flower. Btcoin isn't a flower it's a tree ! ;D
Don't worry about Dash, you will see soon ar later how it will end, don't get too much excited because of the recents days

Segwit has been implemented since Bitcoin Core 0.13.1. Segwit is not activated, and that's a major difference. You can use/test it on the testnet if you prefer.

It's just a pump, nothing more to it.

We need 95% to activate segwit is that possible ;D?

The only right answer to this question is: I do not know and neither does anybody else. A true cryptocurrency is meant to be immutable, i.e. hard to change. If it were trivial to change Bitcoin, then it wouldn't be nearly as secure nor as valuable. Only time will tell whether Segwit or some other throughput improvement will be adopted. Be patient and enjoy the development both on-chain and off-chain. Bitcoin Core 0.14.0 will probably be released next week.

Great news, but will Core 0.14.0 will solve any problems?

What's dash?

The real problem is that what you consider problems are in fact not problems. Let's recap:
1) Confirmation times. 1 block per 10 minutes on average is a consensus rule. Reducing said time would require a hard fork, which would be extremely hard to do. Additionally, it has trade-offs as lower times can end up being more dangerous (higher orphan rates) and make the DOS validation attack vector worse.
2) Rising fees. Bitcoin Core development can't do anything about this. The fees are rising because the block space demand is greatly outweighing the demand. In order for this to improve, more throughput (transactions per second) are required. This can't happen without a soft fork, hard fork or a second layer solution.

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Any other problems? Keep in mind that merchants do not need to, and often don't, wait for confirmations.

But if merchants don't wait for confirmations then they are vulnerable to double spend.

Bitcoin rebranded to Dash, dash is new Bitcoin ;D

This is where economics and incentives come into play. You need to use your brain. Let's evaluate some cases:
1) Trivial amount in any grocery shop: You won't double spend as they have you on camera. You will go into prison if you do.
2) Any amount for a digitally revocable good: For example, double spending vs. Steam would be absurdly stupid as Steam would just deactivate your whole account.
3) Tangible goods from online shops which have your ID on your account: Same as point 1.
4) Non-trivial amount: wait for confirmations depending on how much you're willing to risk.

Dash is a rebrand from Darkcoin, i.e. DRK which was instamined in the first 3 days. One of the reasons why they rebranded it.

An Altcoin that forked Bitcoin and dash became the offspring/outcome.

Well that's the reason i am thinking about to split 50% to Dash 50% to Bitcoin. No one knows if sewgit will be implemented, then i don't know if Bitcoin will be top 1 all the time.
Dash have done everything that they promised and even going to lounch evolution app at 2017.

I am not any jehovah witness of Bitcoin or Dash.
I just want to put my money to the team who knows what consumers want, dash evolution app will be something that consumers want, something like paypal on blockchain and user friendly for moms, grandpas, non technical people...
Less fees
Instant transactions
Private sending

Dash is not Darkcoin anymore they are working more, you can say that all the legends, talents work on Bitcoin core, but:

https://tse3.mm.bing.net/th?id=OIP.RFtne9xm72YfQFTv3FHIAQEsC7&pid=15.1

Also from where Bitcoin gets funds?
Bitcoin foundation? It's not enough for developers.
From Dash 10% goes to developers, marketing... 45% to masternodes 45% to miners.

Dash right know is more organized, if Bitcoin would be then i would not split bitcoins to dash