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101  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 02, 2020, 01:29:58 AM
Only this was missing!  Roll Eyes Now, settling the particular fiscal interests of a couple of hundred "apostles of decentralization." Any resemblance to the optimization of a decentralized monetary structure that you hypocritically defend as such is purely coincidental.

The splendid decentralized gem that Duffield designed, even with a view to its future financial freedom by guaranteeing its self-financing (because THAT was the excellence of the monetary distribution beyond the miners: guaranteeing funds for the growth of a collective project - the Mnodes were the necessary workers that has ended up disgustingly distorting its role to trick, marginalize, manipulate ... and orient everything to its fucking benefit -).

Now DASH is conditioned by a couple hundred kidnappers when they farting, giving their girlfriend a gift or renewing their car insurance ... then you paint it pink as a general interest like RTaylor and his "Store of value that never existed "... and fixed, with the libertarian flag in hand. And the excellence of decentralization in the midst of the crypto revolution, at the expense of what the political parasite of the moment in any corner of the world imposes on his citizen submits.

The centralized slop that you have turned into one of the jewels of the crypto world is worthy of an Olympic podium. But hey ... to continue the show selling smoke and catching small coins !
102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 01, 2020, 05:25:23 PM


Think of it this way. If you invest in Visa you're not actually buying units of a monetary asset. You're buying equity in a company. Where does Visa's value lie ? In its merchant subscriber base. Visa sells access to markets. The 3% fee the merchant pays is a marketing cost not a transaction cost so it's a brokering system, nothing to do with money really. Meanwhile gold sits in a vault and does nothing all day long. They are very different and we do not want to model Dash on Visa because it's not designed for that. It's a bitcoin clone who's core mission is to store value like gold. What it has over bitcoin is the decoupling of the service layer so we can have on-chain services VERY CHEAPLY without much loss of mined capital. But if we overpay for that service layer we'll just kill the store of value role.


Exact: The "CUSTOMERS". Splendid point if we also connect it with a previous quote from another member ridiculing a tweet from Antonopoulos about VISA (and it is that the practical and real position of DASH is as fallacious and hypocritical as his).

The thing is, VISA is a private, centralized initiative ... that is, the opposite of what crypto would aspire to be. But that DASH starts from that basic concept while deceiving and manipulating that legion of users as if they were members of the project, which is what it has been doing for years, is pathetic. And neither crypto, nor centralized ... or well, as much as VISA. That is the measure of DASH in the crypto industry.

But in crypto, people will find other projects, even if they are less technologically gifted ... and will integrate into them. Although Rtaylor puts the word "community" demagogically in his mouth another million times (the answer of the sector, although some take it as scandalous undeserved, has long been clear: DASH is a centralized scam that nobody wants to approach).

The key is that, beyond the current biased and speculative demagoguery of DASH at that point, the original approach offered to INTEGRATE these users (micro-holders) proportionally in the project. And the absence of Shared Mnodes and marginalization of any activity or reward from the deceived public, a key proposition in financing the entire project for years, creates a blatant scam.
103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 01, 2020, 04:50:17 PM

Incentivizing is certainly a good strategy to achieve an objective, but it's possible that we are over incentivizing the Dash MN network.

- Of course ... but being a crazy economic burden, it is not the worst distortion: The worst is the incentive in governance ... which implies the economic and any other that occurs to the elite who enjoy it and impose it on the rest . The economic return, to the extent that it was established, is only the expression of a fundamental imbalance in DASH: That in any term, 200 people send that vote on tens or hundreds of thousands who - erroneously - believe they are linked to the price of the token. And even this is not correct, since the particular incentive of a minimum part of the members of the initial ecosystem has exceeded the general incentive - in fact, attacking that general interest and therefore, the DASH price continuously.


Dash masternodes are so awesome and it's going to become so much more than what it is today.

- Those incredible DASH Mnodes were "one more profile" of a collective system of various actors that, by nullifying the expansion of governance - and returns - offered years ago with the perspective of Shared Mnodes, key to a decentralized collective movement, have been appropriate of ALL the DASH structure in the terms they literally want ... and that only express the interest of less than 1% of the actors that make up the DASH ecosystem ... which is literally the "anti-crypto" / anti-decentralization .




However, I am sure this is not the feeling for everyone. There are probably many people for whom running a MN is all about getting that return, not primarily about supporting the project. This is a consequence of constantly showing the ROI for running a MN. I don't support this, as MNs are not investment vehicles. They really aren't, but some people tried to present it as such or at least made it into a carrot luring in new people. It worked obviously, but over subsidizing the MNs has led to a very large network, but isn't actually required at all, when we look at the actual usage we have. It's like saying we built a super high way with 32 lanes, but don't mention that only 10 cars are driving on it.

It all comes down to this arbitrary setting of the block reward split.

- No, that is just one expression of the limitless arbitrary action provided by centralizing governance. And that's WHAT it all boils down to. From there, any approach is possible in DASH, no matter how crazy it sounds. The immorality of that group does the rest ... even this centralized scam.

A scam consists of causing, through sufficient deception, a displacement of assets for their own benefit or that of others ... which is exactly what the DAO hijackers reproduce every day with their commercial strategy of information intoxication. The DAO hijackers, instead of interested taboos, lies and half-truths, have very easy to legitimize their trap: Show yourself as a high-performance private project as a means of payment, making it very clear to users that the assaulted DAO takes the banknotes from the system and the user enters them. That is transparency and free market. The point is that the people who come to crypto not only want a revolution in monetary uses, but also integration, growth and participation in a decentralized project. A model that works proven. But in those terms, the choice is VERY easy, because any other project will respect, integrate , prosper and welcome them better.








I would definitely prefer to see Dash at $500 with a 5% MN return than Dash at $100 with a 60% return, but I'm not convinced that your intended block reward split would actually lead to a significant increase in price. I agree though that in your model the overal network cost (in the strict accounting sense ;-) ) would drastically go down obviously.

- Normal. This is how you would work for a currency, that is, a common interest proportional to the volume of possession, which is a perfect sample of productivity and collective synergy ... but that is not the current case of DASH, which works for the private interest of a minimum group of beneficiaries of a network.

The parasitic hierarchy that DASH generated at the time, increasingly unsustainable without decentralization and collective commitment, has repeatedly shown disregard for the token's fiat price for the benefit of its possession and private advantage. The ridiculous, obscene, price of DASH is the best proof of this. And unfortunately, the unhealthy inbreeding that that small group has already developed by now in their eternal circles and punches in the air, does not even allow her to see the elemental logic that you apply to that point. No common cause will satisfy them ... all measures lead to the reassertion of their centralized control of the project ... even if they harm it (and by extension, its most precious asset: Abundant exposure to the DASH token ... and its price. Due to technological qualities, ridiculous price ... which, however, is not expressed in those terms ... due to the absence of the necessary recognition of a public that values ​​technology ... but more cleanliness and elemental respect)





As I tried to point out in my previous reply, a booming price appreciation depends on so many factors that are non-technical, where Dash needs to improve a lot. There are several non-technical elements that would have a much higher impact on price I suspect. We need much better promotion, which can be done at no cost, simply due to higher involvement and effort from community members to increase excitement and so on. We need to show the world that we are a movement with the ideals of Satoshi in mind, but with massive improvements which benefit end users. Those non-technical factors matter a lot in the crypto wars and much smaller projects than ours are doing better in that regard. Everyone involved should be active on social media spreading the word, but the community is still recovering from a terrible bear market and the "nevorlution" crap, so sentiment is a bit low. It's a bit sad cause we are effectively really close now with Dashpay already running on testnet in preparation for the upcoming public statement. Sentiment will hopefully turn around soon. To be honest, lots of alt projects are deep down in the dumps and suffering too, it's really not just Dash. Bitcoin is kicking everyone's ass. We're perhaps just feeling it more because we used to be a Top10 coin.




- Without the slightest doubt that you need it ... but it is that you have despised, impoverished and marginalized the real community that can create it spontaneously. This free promotion thing is especially hilarious in the case of DASH. The benefits ... are for four ... but the effort is collective. That approach is as round as a donut. ; D (And the DAO hijackers sure love it.)

In DASH everything has a cost because everything has been structured like this by DASH's power layer, based on immediate, parallel and elitist economic incentives. That "movement" and that "community", which anyone in crypto understands by it, in DASH simply DOES NOT EXIST. The DASH community is 200 people voting the expression of the 1000 active Mnodes - in the current proposals -.

Surely you haven't seen Vitalik or Antonopoulos tweeting "the community" to vote for their currency to enter, for example, a minor exchange in Thailand? ... Normal, because the REAL community of both projects expresses itself automatically, spontaneously, since any variation in the price of their token affects them automatically, regardless of the number of coins owned. However, RyanTaylor , CEO de DCG, and 3 or 4 other - ridiculous - references of DASH (normally, proven information manipulators ) do it constantly - and pathetically - ... because what anyone understands by "community" in DASH neither exists nor is expressed. If you do not have a thousand tokens in DASH you are not a member of the community ... you are only "a customer". Some are THE ASSET and others are the exploiters of that asset ... and, amazing! ...Those who charge are surprised that the exploited party does not react automatically in favor of their occurrences and interests. Really, the the lack of contact with the reality of this band is pure abracadabra.  Roll Eyes

This is another taboo interested in a 200-person project that lives off the acceptance and use of those clients, NOT ON THEIR INTEGRATION. (On the contrary, any answer in that sense is MARGINALIZATION). The hyper-centralization of DASH is clearly expressed at these junctures. Look at any tweet from BTC or ETH, and even from "second, third or fourth division" chains: They generate endless threads with TENS, HUNDREDS of responses. Those of DASH, BETWEEN ZERO AND THREE OR FOUR. I repeat: BETWEEN ZERO AND THREE OR FOUR. It is literally and bleakly so. But absolutely logical and normal, of course. Theater in DASH only works within the scope of its hyper-centralized ecosystem.

And the public is dumb, ok ... but not SO OR SO MUCH TIME.




104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 30, 2020, 04:36:12 PM
Here for the "rich who need to catch DASH" a paradigmatic post from a scammer between glasses of champagne :


xkcd  16:02
We fucking did it!
Pour yourself a glass of champagne! :champagne_glass:
Bear market over.
From $3250 in March to $19.8k in November, fastest most bullish hero pump ever.
In the space of 3 months Chad SAYLOR double his fortune and his companies, wins CEO of the year award.
DASH .... not quite..... at it's ATH just yet.....
But should be as high as $200 by the time Bitcoin is posting 6 digit valuations.






This charlatan scammer uploads puking doll icons when I expose Discord how to shield AND PROJECT DAO wealth (with the "new extraction", I think i should say "ex-wealth" of the "ex-DAO") with proven Reserves such as BTC and Gold.

Meanwhile, their DASH rewards, he dumps them to BTC ... and keeps sending messages to new victims who fund his scam - if DASH, in the middle of its BTC financing process, is left like a dry skeleton ... it doesn't give a fucking shit ... in fact, you will see it by Discord praying that DASH goes to the bottom, buy with a discount and dump her 30% higher ... condemning her to be a speculative inflatable doll who will fuck in favor of her private interests - .

But he looks at the DAO ...only to take more funds from him if possible, from miners, or blocking Shared Mnodes and a few only ...to pay the DASH name at the price of Gold on the underpants of unknown third world boxers...or , well...directly down the toilet... more fast, bro. And he's showing up around here as a DASH Marine "unmasking trolls" and awarding "Good Dasher" certificates . Really Heroic ... for dummies.

The parasitic hierarchy of DASH is literally teeming with these types of Bitcoin artists. THAT and no other is the reason for not being in the top 10. ABOVE the top 10...because a big part of those bitcoins had to be in DASH Reserves, reinforcing it as a REAL store of value or availables for the expansion of the project ... resources that scoundrels like this will never allow .

AND THOSE are the real enemies of DASH growing... who are inside and deep inside ... not outside.
105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 30, 2020, 03:45:12 PM
Bitcoin some $200 away from breaking its ATH.
Interesting times ahead.

Bitcoin price : $19,420
ATH : $19,666

This is how i think things will go :

Whales breakthrough $19,666
Whales establish a blow-off top
Whales start to diversify their Bitcoin profits into Altcoins

Only the 'when' part remains a questionmark to me.

Edit : Bitcoin price just broke its previous ATH, new ATH currently at $19,808
Get ready for some Bitcoin FOMO and Bitcoin hype.
Monthly RSI : 74.42 (signaling a slightly oversold condition)

You have no idea how many inflows of BTC or other speculative capital have accompanied this rise of DASH or what they will do when BTC explodes.

BTC no longer needs the alts to grow,"futurologist" ... that model surpassed him with a Tether that is also about to be unnecessary for his growth. Now it has the Fiat of the big leagues that cheaters like you deny for DASH for creating a centralized scam. But even if he no longer needs them, he can break them with 4 drops of his enormous, more every minute, capital mass ... and generate a de facto standard. Anytime it wants, BTC will do it.

Only by exposing to BTC do you avoid Nakamoto's Cannibalism and protect yourself in the two phases of the speculative Pump & dumps of an increasingly defined standard (from the first phase, the Duffield financing system protected the entire ecosystem ... and even that legacy is already perverted - you don't even know how to create anything worthwhile, you band of corrupt mediocre people, but also, you screw what is well done - ). Meanwhile and after more than ten years of experience in crypto, the miserable Mnodes counting their cheap half coins as misers ... and climbing without ropes.

... and of course at the forefront of "store of value" ...with kindergarten approaches. Whoever was left alone in DASH, was at the right time in the perfect place ... but surrounded by scoundrels ... and he will never forget it, because he will miss the crypto train. Without exposure to BTC, DASH will be as rich as BTC allows it to be, because its growth will not be sustainable or self-sufficient.

And ALL the received wealth of DASH will not be in their hands.
106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 30, 2020, 10:11:43 AM

But I see it as a question of proportionality, because its contribution of value, in value-added services that are those that DASH has achieved on the original basis of BTC and even shaping its POTENTIAL personality, is undeniable. And furthermore, they are not just economic costs, but governance costs and to the highest degree, where they have openly assumed that they admit a dead end for the project for their own convenience. It's dramatic, but that's the way it is.

If Dash is at $1000, you think it's viable to pay $320 million per year straight out of the blockchain to operate a network of nodes when the service delivery value of those nodes (measured at cost) amounts to barely $1.5 million ?

How does that translate into a "store of value" for a new investor ?

Obviously not.

I only defend the real added value that the second layer provides, not an aberrant and obvious disproportionality.

A second layer that has become first de facto... unfortunately to screw the project to its liking. By the way, given what he's seen and his ability to guide the project ... it's ridiculous to wait any longer.
107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 30, 2020, 09:41:47 AM

They not only offer hosting costs and coins in wallets ... they also offer services that this network of nodes manages and that enrich the project.

I would argue they impoverish the project in the current protocol configuration.

These "services" cost nothing to provide over and above hosting cost. Yet we're charged $32M a year for them and this is paid directly out of the capital value of the chain, just like treasury budgets. Miners at least have to invest hashrate in the chain to get any coin out of it at all. That hashrate adds to the store of capital rather than draining it.

If a treasury contractor wrote a service-provision proposal who's budget accounted for 99% profit margin they'd be likely to get thrown out the door. Saying that the 1% worth of service provision "benefitted the network" would be unlikely to save them.

Okay, I'm not a little persistent about it, I think ...as annoying and even rude as it sounds at times - but the distortion that this generates atrophy the projection of DASH from the root, integral...and I understand that the answer must be frontal, because the DAO hijackers have clearly shown that they are capable of turning one of the great jewels of the ranking into authentic shit ... and enough of that -. But I see it as a question of proportionality, because its contribution of value, in value-added services that are those that DASH has achieved on the original basis of BTC and even shaping its POTENTIAL personality, is undeniable. And furthermore, they are not just economic costs, but governance costs and to the highest degree, where they have openly assumed that they admit a dead end for the project for their own convenience. It's dramatic, but that's the way it is.

For an optimization of the project, a perspective that I miss as an aspiration in DASH for so long .... I think that both should lower their returns in their own currency, DASH. And I say very sincerely that I think they would look better and more solidly paid. But I've seen so much arrogant abuse, stupidity, and lack of vision, that I doubt infinitely it's done from within...let's face it! . Immorality and negligence are acceptable habitats for many active players in the DASH hierarchy. But at odds with exhibiting the project to its fullest potential ... which is what I always looked for in DASH.

For me, DASH still has time to offer an "improved BTC" in the eyes of the entire sector, but obviously, not like that ... with rulers who simply do not want to do it. On the contrary, and as little as it may like, the sector perfectly perceives the underlying manipulation, already inherent to the project, which does not fit into a common perspective of crypto synergy, but rather "classist" / centralized ... and therefore, it is seen as a scam and abuse from the individual perspective of many potential new members who are approaching to value it...in a TOTALLY LOGICAL REACTION.
108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 30, 2020, 03:51:19 AM

So what does Dash get for its $32 million per year from this extended treasury budget ? Hosting costs and an incentive to keep coins in wallets ? But other networks get this for free. Even if those networks do send more of their new supply markets proportionally (even that's debatable), more of their blockchain goes towards raising fiat to pay for scarcity (REAL scarcity that stores capital, not faux orderbook traffic management scarcity).

So the $32 million budget per year is a far bigger waste than anything the treasury can throw away IMO. Treasury is only 10% of the supply. Nodes are going to get 60.


They not only offer hosting costs and coins in wallets ... they also offer services that this network of nodes manages and that enrich the project. The point is that the qualitative leap is the management of the Treasury and that this generates real returns and growth to the project.

I personally believe that both miners and Mnodes get those returns, RELATIVELY ... the problem is that the costs are absolutely unconscionable. And, by the way, the fiat price, which serves to justify an attractive return for Mnodes, you should also consider it for miners, however, there you do claim a higher percentage in the distribution of monetary issues (and for me, there is no a direct transmission of value between mining effort and price).

Imo, both collectives, Mnodes and miners, should receive a much smaller proportion of the monetary issues ... and focus the rest, received by the treasury, on creating more prosperous growth and  price. Starting with an adequate management of Reserves in proven store of values ​​that would represent, without so many subjective speculations, not only a DIRECT transmission of value to the ecosystem but also and by extension, a transmission of this nature to DASH, the attractive store of value. ... and for the general benefit of all the profiles integrated in it. And following a professional management of the DIF, also capable of generating external resources.

I think the rampage of gifted funds up to 2018 had a lot to do with a naive vision both of global expansion at the level of a totally premature adoption and of the conviction, no less childish, that the funds were an endless fountain (there is no more to see the galactic economic extrapolations regarding available funds that RTaylor made at the London'17 event - he, so insistent on highlighting the senseless waste represented by many of the approved proposals -  . The icing on the cake with "The sky is the limit" is simply embarrassing looking back today, and more coming from the visible head of a project, who is supposed to be more rigorous and firm feet on the ground than any fanboy seduced by an exponential fireworks rise).



109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 29, 2020, 07:10:19 PM

Dash transaction fees are paid straight out of the blockchain.

Just because they're not charged to network users doesn't mean they don't exist. (Or that they're not the most expensive in the "business").

Low transaction costs are constantly being boasted, when it has not been more than the obligatory evidence of a failed strategy. DASH's failed model was already established in different terms. The original business model was in the direct payment of services to a layer of "workers", initially, other members of the ecosystem. Instant Send is the best example of the failure of this strategy. The "almost free" services (the carrot) cannot be sustained without payment incentives on the other hand ... and if the paid ones do not work, there is an easy recourse for those who govern without the expected high rewards and have shown repeated signs of disability and immorality: Direct appropriation.

If miners pervert their coin optimization work ... there is a fork to escape from that situation. The Mnodes, tacitly overriding the Shared Mnodes, turn the system into a dead end, because they appropriate the rules ... which turn in their favor, accentuating the imbalance between all the members of the project. Their actions, first with a delirious waste of mountains of resources and later, with a direct intervention of the project for their own benefit, camouflaging their shenanigans in aspects of general interest of the project as an "optimization as a reserve of value" that simply do not deserves five minutes of serious analysis in those terms. The approach with which Rtaylor trolled the hasty and cosmetic "Open Day of the fifth year without Evolution" a year ago... and later, aided by the info intoxicants in DASH, the debate of maximums of the current year seems nonsensical because it simply does not pursue the reinforcement of DASH as a reserve of value.

The boycott of the optimization of the currency is the same size as that of a wrong validation of transactions, etc. They appropriate the common Treasury and governance to favor a suicidal centralization. DASH is a system condemned to expel synergies, not to integrate and exploit them. To be looted and ruined collaborators / investors, not to create wealth and share it, creating a huge network effect and consequent expansion to a top crypto level, scenario to which DASH could objectively opt for its cutting-edge technology and initial approach. The needed benefits of decentralization have been mortgaged subject to looting and short-haul centralization - as this model will be optimized by the CBDCs of current fiat currencies -.

In any case, it is to be expected that new resources will arrive to increase incentives ... probably coming from the new platform. But as manipulation and speculation/concealment of info is another of the private options of an already atrophied project, this would probably be confirmed when it is of greater interest to a beneficiary party (Mnodes, CORE ...) ... and, if not produced, it will be created as a promotional tool to attract the capital of newly deceived. I've been asking for new resources in the next format for a long time ... and of course, there is no answer.

It's inexplicable that there isn't any programmer who is passionate about DASH's decentralization and synergy capabilities with a fork available to the community, honestly. Unless the current incentives outweigh the optimization prospects of a long-flawed project, of course. Which would not be without logic in a corrupt structure that devours itself before bursting. They're going to loot DASH until there's not a dollar left in it and even the last lost Eskimo know it's a centralized scam ... they haven't given a crap about that for a long time. It is a perfectly assumed price ... and in any case, the hundreds of Mnodes currently voting, will not even be able to turn around, even if they wanted to, the trend of concentration of governance that they are consolidating ... next time, in favor of the great whales of DASH.
110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 29, 2020, 12:21:56 PM
So, will there be a fork that has the proposed 80/20 split in rewards for miners/masternode owners? Or is this just all talk?

Regarding trustless shared masternodes, I hope this is up next on the roadmap after the release of Dash Platform (DashPay). It seems to me this one thing would alleviate many of the concerns certain people have here. Having said that, StakeHound is a good first step and should help in the interim. Anyone know how that is progressing?

Stakehound, as far as I know, allows you to receive rewards from Mnode with the DASH you deliver ... and also receive rewards for the services generated by the token replicated in ETH (wrapped-wrapped DASH).

This, in addition to being the umpteenth attempt by Ryan Taylor and other artists for DASH holders to be treated like shit and take on KYC, hand over their tokens in custody, etc., that is, some fucking puppets unrelated to any elemental crypto operation that of course, DAO hijackers DO enjoy ... creating a BASIC USE gap, which is what the non-compliance with the Shared Mnodes offered in the DASH protocol has degenerated into, which already affects those "future beneficiaries" at any level.

This further accentuates the problem of concentrating DASH in fewer and fewer hands ... it is literally "a game of chairs". Having owners of hundreds of Mnodes, just by converting their returns to "wrapped DASH", they would continue to expand Mnodes ... and also, increasing their returns with the ETH token in defined services ... added returns to load even more DASH (Logically from those who constantly undo their positions by having less financial capacity to support them or dedicate DASH hypes to vital objectives of greater economic demand than their current level, which will be a constant bait for owners of few Mnodes, which with their sales, will reduce also, the level of vote in front of the whales) . Obviously, Mnodes owners would assume a minimal risk due to custody, public identification, etc. with respect to micro-holders, but, and this is the most serious thing and that affects the centralization of the project ... the modest owners , gambling for a few crumbs, frequently 100% of its assets in DASH ... while the whales would simply gamble on their rewards, never exposing their main base of DASH savings and a influence on the ecosystem, bigger and bigger every day. For some clueless to get an idea, a whale with a hundred Mnodes could, through this system, receive returns on a basis of 7 new Mnodes more per year ... and their respective ETH tokens, with which possibly, double that 6 -7% (and also, now, have these prepared for any convenient speculative movement ... not to mention the easily appreciable trend that micro-holders will spend their returns taking their tokens to market, due to their infinitely lower purchasing power) . The tendency to concentrate power, EVEN WITHOUT REDUCING OWNERS, is enormous. And Mnodes with few devices will only benefit until the proportion turns their voting power into irrelevant shit.

Let's remember: There are 4000 Mnodes that NEVER vote ... UNTIL THE DAY THEY DO, of course. In the most capricious and selfish sense that you can think of. They may be expanding their positions by two percentage figures OF INFLUENCE IN THE CHAIN ​​every year: Decentralization "Made in DASH" ...  which will likely soon savor the cheaters who today marginalize microholders or miners and assault the Treasury "formerly collective" while they are looking for 5-figure investors whose vote - and by extension, reward - is totally, utterly vulnerable to these shenanigans.

To those close to Duffield in his day, quite possibly generously graced by the enormous heritage in Tokens of the founder ... surely that doesn't hurt them too much, right? Some with lack of enough shame to also become the victims defending that they "work hard" - in crypto, when you hear "work hard" or "soon", you can start to tremble - DASH for their "idealism" and the minimum wage ( in dollars subject to taxes, of course).
111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 27, 2020, 06:48:33 PM
When Dashpay wallet goes live, I suspect most people will say that it was well worth the wait.

Yes , yes... especially people from humble countries devastated economically , the kind DASH prefers for its advertising demagoguery, whose inhabitants were promised financial independence and remunerated "savings accounts" ... with the token 40 times more expensive than in the last minimum and in amounts of 4 figures in dollars ... which can be HUNDREDS of monthly salaries for a single token. Salaries around 5 dolars and similar amounts...  Roll Eyes ...well , well..."most people will say that it was well worth the wait"... it is necessary to have few lights, a good pair of balls or ethics in the ass to say that ... Undecided

I have not seen such manipulation even in the worst ICOs (who are so liked to despise around here) that I have been able to access. And less encouraged both by the DAO, the responsible organization financing its promotion, and by the greatest exponents of the project, at the level of image, advertising, organization, and even its founder included ...

It is a real shame that Peruvians, Venezuelans or Argentines who have put their long-suffering money in the pockets of these cheap scammers do not have a regulator like the SEC at their fingertips ... because with the infinite succession of lies, breaches, consensual parasitism, etc. that this project has made use of, the act of poetic justice was going to be glorious ... and I dare say almost automatic.

The worst of all ... is that probably all of that could be done with DASH. And those who really believed it and even risking significant amounts, now have to screw themselves and put up with this theater of centralized capitalism of buddies and shenanigans. Any resemblance to what was presented triumphantly and deceptively at London 2017 and before ... is purely coincidental.


https://www.youtube.com/watch?v=b8v6I6lv6MA

112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 26, 2020, 05:56:36 PM
I bet those proposal owners are absolutely itching to sell.  Price down 20% from the top and headed lower after a tsunami of masternode selling, who's going to buy the dip?  Post here your targets, I am buying back from $65.

A lot of people are in Dash for the long run.

Daytraders will jump ship when price drops and climb back in when we move upwards again.

Daytraders are one of the most influential speculative agents on DASH.

By the way ... they load Mnodes one after another and expel any hint of real community - literally fucking the network effect so valuable in crypto -, price stabilization and adoption in the project, centralizing it and concentrating power, in a dynamic that feeds itself , no return.

You read them around here and they speak like authentic DASH Lancelots, claiming as the real defense of a project that they are destroying and turning into centralized garbage ... more with each pump & dump.
113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 25, 2020, 01:19:48 AM

I can't see why it wouldn't be technically feasible to implement something like I just laid out. The question is whether there's enough support for shared trustless masternodes from those that could do something about it.

I wouldn't be entirely surprised to see it as part of a future road map that DCG publishes after Dash Platform (DashPay) rolls out. I also wouldn't be surprised if it becomes something that gets proposed and debated for a later MNO vote.

I imagine there's as much support for trustless shared masternodes as there is opposition but I haven't seen any poll on it before.

The low-profile Mnodes of around a thousand who vote habitually have an absolutely necessary support in this, imo (a voting niche with the general interest as only and forced aspiration and without the ability to target their particular benefit - and less one-sided abuse -) to dilute possible unilateral decisions of large owners whose current silence does not imply a definitive one in the future. Taking full ownership of DASH is too palatable a dish, and admitting that risk despise any logic. Although the active network of Mnodes is to believe anything.
114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 24, 2020, 05:28:51 PM
The 'digital gold' narrative is simply marketing and the SoV narrative is in my opinion not that solid. It may seem like a store of value now, but there's no guarantee. It will be a store of value as long as everyone keeps investing money in it. In my opinion there is no 'intrinsic value' in Bitcoin. It's a hedge against the fiat world and due to massive investment it appears as a store of value.



Great post...complete, positive and quite objective. Good info  Wink

And a point to which I quote:

Exactly, very important point : BTC has no intrinsic value ... it is a container of wealth, but it is not wealth, just the expression of a solid trend (actually several, each more tricky than the last).

On the other hand, it is also fallacious - I am not saying that you expose it as such, but that your statement is not correct - that it is a fiat hedge ( or a libertarian project ... this is also simply marketing, imo)  : It is a tremendously powerful  CATALYST of fiat and any other "monetary" garbage that is delivered to its system. That capital delivered to BTC is ammunition for the creation of bubbles that feed its economic model, parasitic until destruction of its environment . The fiat delivered to BTC (also the dirty Tether and another especulative crypto capitals) is amplified in it and is constantly withdrawn after the invasive "excursions" of BTC draining manipulated economic structures. And what must be recognized is that it is a virus splendidly designed for that job.

In any case, DASH has no intrinsic value either, and furthermore, it under-uses its own potential, thereby constantly being drained. The pity is that, unlike the rest of the project victims of the same parasitic process of BTC, the Duffield design makes it easy to face it (and, imo, with a couple of adjustments, cancel it and even defeat it) ... but it is simply not used .

Unfortunately, the governance system of DASH, which you discreetly qualify as imperfect - and imo is deeply corrupted by the Mnodes Network - limit enormously the project , and that subordinate the talent , meritocracy or optimization in its ecosystem to particular conveniences of the rusty , mediocre , censor and greedy current hierarchy , unworthy of the potential of the technology they handle. ( for me, the best in the sector to cancel the scam that BTC exerts on it, preventing the financial freedom of almost all projects )

Thanks for the post and greetings.
115  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 24, 2020, 09:21:52 AM
Quick update on this evolving market.  DASH is up 20% on the day posting a price of $114 still 10x less than where it is headed.  The chain is just 4 days out from moving capital from wasteful mining into fruitful staking/service helping green DASH and reward diligent investors.  Hopefully Jerry BANFIELD does an updated video for us on how to run a masternode to get the FOMO going.  ETH is up 2% and Bitcoin is up 1%.  Fully mined coins BCH up 14% and LTC up 5%.  I guess every dog has it's day, eh?  Huh

But let's see, idiot ... stop confusing newcomers to continue your robbery ... and now a thousand tokens every time, LOL. Do you think YOU have to give someone a transfusion of faith in DASH?  Grin

The problem is that a few hundred scoundrels are scammers, not that DASH is an interesting project or not.
116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 24, 2020, 09:12:46 AM


Trusted services have a place I suppose, but many get into crypto to have more freedom with their money. Plus I imagine most trusted services essentially don't vote.

I think the benefits of trustless shared masternodes would outweigh the downside.

Possible solution:

In the DashPay wallet, it could be presented as a savings account where you have to lock up your DASH for a term based on the masternode payment schedule. You could lock it up for 1 or more payments and once those are complete you'd get your initial locked amount back.
 
All DASH locked in the savings account would be pooled together, allowing for individual terms to end at the same time as taking down the least amount of masternodes due to the reduction of pooled collateral. People who want to run masternodes but don't have the 1000 DASH, could subscribe to running one with a minimum of 200 DASH or so with the remaining 800 or so required counted from the savings pool of all locked DASH. Instead of getting the full ROI of a full masternode maybe you'd get a bit less based on the reality that there might be an excess amount of DASH (not divisible by 1000) in the pool or not enough people to run masternodes to cover the DASH in the pool. The people willing to host shared masternodes naturally should get a bigger reward than those who just lock their DASH in the savings account. Longer terms should get higher rewards too. On the voting side, anyone who locks their DASH during the entirety of a voting cycle, should be able to vote with their vote weighted based on the percentage out of 1000 DASH they've locked up.

I'm sure there are ways to improve this as I've done almost no brainstorming to come up with this. So, the nightmare you talk about shouldn't be so difficult to code.

A major upside to this set up would I think be decentralization, getting more people involved and invested. You might also get higher voter participation.

Now, what is the downside?

Good post, thanks.
   The approach that you expose, do you do it from a technical perspective? Is it technically feasible / affordable?
Because personally I do not agree with a fork to increase mining returns, imo, it is not important to improve the project (or not to the extent that Toknormal defends) ... but with expanding the universe of voters and beneficiaries, without a doubt.

That this right is currently executed by less than a million tokens on average in each vote of almost ten ... beyond being a shame and a robbery in the face of Common Funds, it is not representative of those who have been supporting DASH for years - and have been wiped off the map -.

If those who have raided the Common Treasury deny that right, exposed a thousand times in DASH starting with the founder himself, that advantage would deserve a fork.

I would appreciate an assessment on the viability of this change. Thank you.

117  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 23, 2020, 12:08:46 PM

Finally something we agree on!  That minnows can risk small amounts of cash with established third parties, eg crowdnode.io and for a more substantial investment we have the trustless deterministic masternodes, currently selling for $94K USD (hurry up and grab one before you miss out!).


This is really perfect : the stupid perspective, in its pure essence, of how greed corrupted and assaulted DASH by signing its own destructive spiral and the kind of wretched blinds and motivation that have promoted it:

I repeat: Financial return is NOT the most important thing in Shared Mnodes ... and money is not a goal, but the natural consequence of sustained prosperous management (Optimize that structure ... and money will rain. Take care of it ... and seas of money and forever). In fact, DASH already has been from years ago a lot more profitable at that codicious level WITHOUT BLOCKING TOKENS, you idiot! Shared Mnodes optimize DECENTRALIZATION and decisions to improve the general interest of the project. Not the private benefit of ALL its members, that, strategically, is a trifle ... but the collective structure as such, which makes that organization powerful. The one you have poisoned drops dozens of places per year in the ranking.

The marginalization of Shared Mnodes, on the contrary, optimizes CENTRALIZATION AND CONCENTRATES POWER in a structure that , stunted as today , already does it per se progressively. INFINITE power over the entire system if the approach possible through the amount of tokens that support it is FREE and can subject ANY scenario, ANY ASPECT OF GOVERNANCE to majority ownership of tokens - not of their members - . It is necessary to be moneuronal not to see it : Sacrificing decentralization, you sell the car to buy gas.

The distortion that you make of DASH does not favor the expansion and distribution of the currency ... but its concentration. Clear Example: If you stop ALL activity in DASH DAO ... in 6 months, not only will it not be distributed to every corner of the world, but it will all belong to 4 who will do with the project whatever they want.

Today it is questioned that miners are marginalized. Tomorrow, that the corrupt censor "two showers less" cut its verge into slices. Tell me, sweetheart, if there are enough supports (in a system that concentrates tokens like the "game of chairs") ... what will you eat? I already told you to watch your diet!  Wink And if any decision seems immoral to you ... ask humble buyers of tokens in 4 figures how "incredible" they find your UNILATERAL whims about the ENTIRE project and a change of rules in the middle of the game. And yet it happens, inexorable ... because you have not "made a little cheat" ... you have corrupted the system that made you powerful. Tomorrow, they decide to limit returns and votes to the five thousand richest Mnodes - and with the most votes - and take out a stable coin with transmission costs ten times more expensive - but still very cheap - to finance THEIR active Mnodes ... and yours, you can put them up your ass - really, deliver them to the whales at a given price -. As invalid bearish tokens as those who wanted to integrate their 4 Dash in Shared Mnodes. Automatically and in one fell swoop, ZAS! The bearish pennies reeling in crypto are the daily bizz, financial genius!...and whales can afford it a lot of time : Especially when the prize is the WHOLE ecosystem.

Beyond the obscene of a deceptive commitment as an element of recruitment and / or loyalty and how it logically contributes to a disgusting and cheating image of DASH (I insist: Shared Mnodes are still exposed in official DASH communication channels, or they continue to slip "involuntarily "in 2020 in the DCG Quarterly Calls ... to later be withdrawn also without explanation) the Shared Mnodes guarantee votes that can only aspire to the general interest. That creates a DASH like an unstoppable tsunami of modular capital , meritocracy and talent. Your delusions, the business model of a redneck neighborhood drug dealer getting financed untill 4 more doses more. ( And they're free !... Free vice! ... Buddys, join the party!)
It can be explained twice and two hundred ... or you can activate your stopwatch in the game of the chairs and keep heating the heads of the greedy modest Mnodes so that they create gods and sign their own death with examples and impossible juggling of fifth shitcoins class that does not reach the original jewel that was DASH at the ankle. And inconsistent in terms of robustness and long-term in a fledgling industry we were in a position to take by storm - Top 3 and nearly 13 billion, don't forget, podium-worthy quack idiot.

Another thing is that you and the rest of the parasites of the intoxicated hierarchy do not give a shit about giving fire to DASH from all four sides (a gem at the initial design level for its resources to decentralize and amplify power that it already shows, due to your distortion , serious survival problems) and what you carry in your pockets while you make your jump on time.

But that is also another story. Remember though: You are setting fire to DASH just like global political garbage is setting fire to its fiat currencies. Without guaranteeing a decentralized and robust organization that strengthens the currency and its global distribution, the trend is there: negative ... until even smaller and smaller pumps are profitable. Until the dry tit does not give juice even with a thousand rockets colorful Mason.

DASH falls like lead in the dumps and disguises it with a thousand excuses ... and when a lot of coins do a x4, it goes up a shit of 20% and disguises it as "serene stability". Keep injecting wet dreams of cheap shitcoins into the greed of DASH, keep...you irresponsible poisonous fool.

Really: What does a gang of morons like you need to identify a WILDLY destructive trend of capital and resources that comes from converting a creative structure, from expanding wealth (Duffield's) ... to a destructive one of internal predation because capital from outside does not arrive? Maybe go down from $ 13 billion to $ 100,000? Do you put a red line somewhere ... or do you have a rigmarole of crap and idiocies to infinity and beyond?
118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 23, 2020, 04:39:52 AM


No, this is all talk, a fork to remap 80/20 would cause the coin to flip, moving rewards to masternodes has been shown to increase the value of the coin and vice versa decrease it. This was made clear in Ryan's talk, where in the early days of DASH Evan was pushing the allocation to mnodes which Tok and AFBTC benefited greatly from as it caused the price to go up every time. We recently increased the ratio once more and just the news that we were doing it pushed the price from $ 65 to $ 93 in a matter of weeks and we are still 5 days from the first push.

This pamphlet correlation is an integral fallacy (and by the way ... price increases do not generate stability, much less consolidate a store of value. Whoever talks like this, simply does not understand money - something quite common in crypto - or, worse: wants whoever is paying attention to understand nothing).



For your shared node, search crowdnode.io. Sorry, but shared nodes are stupid and the amount needed for a mode will never be significantly reduced, we don't need minnows running mnodes, they are for people with a lot of money to invest, because it is a high risk company and requires a lot of your attention, The last thing DASH needs is an army of minnows that don't care about DAO because their investment in it is so low.

Crownode? I mean ... to optimize DASH ... run away from DASH! Outside they will do what "your" favorite project doesn't do for you.

So ? The DAO lied everyone who bought tokens with that perspective, because they committed to it by advertising with their own funds, media AND REFERRAL PEOPLE on DASH to convey that commitment. Even with estimates of dates (of course, unfulfilled - LOL, we are talking about DASH - ... and several still exposed TODAY in DASH strategic official communication points, to continue to confuse interestedly.

Regarding the "people with a lot of money" that YOU want for a high risk investment - according to you - in such a decentralized and transparent DASH, you should inform them that ALL their rights can be revoked by enough vote in a system with enormous risk of centralization ... and that 5000 Mnodes is possibly a few hundred voters only, don't you think? (By the way, it would not be unnecessary to explain that Duffield admitted almost 300 Mnodes ... claiming that 80% would be donated to the DAO - but that nevertheless, there is no news, years later, of that donation - ... and also warn them of that are already beginning to see "unique clicks" that trigger more than 100 votes). Anyway ... tell that to your dear rich people, tell them ... If you think that fucking that high-net-worth gang is going to be the same as scamming humble Venezuelans or Argentines who bought your tokens for more than a thousand bucks to create the "DASH accounts with rewards" that you are boycotting today, you are dreaming about ... or the deceitful censor Valenzuela must be putting his cock on LSD, glutton

Watch your diet, man.
 Wink




Also, remember the purpose of a mnode it is to thwat sybil attacks and provide just enough nodes to secure the network and run the services on layer2 without so many that it would delay the propagation of TXes.  5000 nodes is about right, probably with a factor of 2 lee way either side.

LOL  Cheesy ... that mantra of the "ideal" 5000 Mnodes - that technically I do not discuss - are going to give us many afternoons of glory soon ... let's give time to time ...

And bring something juicy, do not "discover" us NOW , as a couple of days ago in a display of empathy and self-criticism, that Evolution enters January in its sixth year without mainnet after spending all that time laughing and insulting outraged followers with the intoxicants who have perpetuated such nonsense  out of all limits by censoring and camouflaging information in DASH. A little bit of solvency and intellectual honesty, please.

By the way ... your theory of the minnows, having released it in 2017 instead of "raising funds" ... now you can also put it through the asshole ... although it clearly makes the future in DASH of any holder without 1000 tokens and the position that you have silently extended with interest, with postponements and other manipulations, the real enemies of the real DASH community, which you have been burying ... in case anyone had any doubts.

You are wrong again, what a surprise. But from now on, you know ... don't bother an enemy when he's making a mistake.




119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 23, 2020, 02:46:06 AM
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120  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 23, 2020, 01:11:33 AM
So, will there be a fork that has the proposed 80/20 split in rewards for miners/masternode owners? Or is this just all talk?

Regarding trustless shared masternodes, I hope this is up next on the roadmap after the release of Dash Platform (DashPay). It seems to me this one thing would alleviate many of the concerns certain people have here. Having said that, StakeHound is a good first step and should help in the interim. Anyone know how that is progressing?

They will not.

The greed of the DAO hijackers is proven ... but beyond that, Shared Mnodes are a casting vote niche that whales won't allow.

The vote exercised by Mnodes of micro-savers will never be able to pursue their particular interest ... because it can never be backed by the mass of powerful Mnodes. However ... the powerful are interested in a voting system that CAN favor their particular interest (either a specific one or the one closest to their position ... either the individual or their profile, observing trends and influencing in them in due time). Therefore ... the powerful will NEVER give up that status of influence: They do not need it and the system cannot force them. (By the way, DASH has yet to live the generalized voting scenario ... which will give the exact measure of ecosystem centralization ... and on that day, modest Mnodes owners, with few devices, can literally shake, because ALL your rights in the network can be put to vote. ALL! - the one who makes the law, create the trap - or mark its door to it - ... and an ecosystem can be fucked in many ways without charging you with the law-code -).

The whales of DASH do not need to give up voting power and will not, the context in their favor is already set. And by the way ... DASH cannot guarantee that their rights as Mnode will be maintained over time to any of those future "rich guardians" that xkcd claims to pursue to its discriminatory ecosystem (and, in terms of decisions, only one discrimination would be positive: that of ALWAYS optimizing the collective interest of the network, precisely the option that is marginalized and despised  Roll Eyes) . Moreover, the concentration of power to which DASH leads, favors that Mnodes with few devices see their rights constantly threatened. A possible bull run, in fact, will make it terrible for them and if it occurs in another correction and subsequent cheap re-accumulation, they will see it quickly.

Finally, it means the insistence of Ryan Taylor, F Gutierrez, etc ... that only 5000 Mnodes are recommendable without saturating the system in any way. Attention, NO mantras are planted in DASH by chance. Let the "modest" Mnodes pray that there are no nodes to spare...because perhaps they see that they have been greasing the weapon of their murderers for a long time (which, as poetic justice would be delicious for these cheats... but being practical and as an optimization of a decentralized project, it would be simply generalized destruction with which no collective wins - I mean, a fucking disaster - )

So if those do not have their security guaranteed ... imagine those of some micro-savers that those Mnodes who currently vote have already fucked blocking their rights obscenely without any shame. (which, i insist,  is throwing stones at its own roof, because that vote "condemned to seek the general interest" would be one of the few solutions to minimize the vote of large owners , the only with voting power enough to impose totally capricious and unilateral norms that no one healthy and heterogeneous collective would approve).

A greeting.
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