If there was any premine of DASH how much was it?
There was never any premine of Dash. Premine means mining before public launch, this was never the case with Dash. Dash had some bugs in its software, when it first forked from Litecoin code base which caused a production of a large number of blocks with the maximum allowable coins in each block during the first two days of Dash existance. This was then fixed by the lead developer and the blocks got created as intended. Those that profited were basicly the miners that were mining Dash in those first two days. Most of those miners sold Dash at large quantities on the open market What happened to Dash is called an instamine, and it can in general include a number of issues. Ranging from faulty code (Dash) to one entity holding million of coins (Satoshi / Bitcoin) to abusing mining software by hamstringing it with regards to speed while favouring a select few miners on secretly faster running mining software (Monero). To lean more about Dash instamine and how much it exactly was : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+ClarificationThank you for the link. It is good to have that information on hand to understand what really happened. Guess we're rebranding premines to instamines now. Thanks for the update  Nope, we are merely explaining to the uninformed the difference between a premine and an instamine. Which makes this not an update but a correction. That way when trolls try to pressure Dash into a premine corner again, people will know better. To all : I am including my original statement about Dash instamine, because I made some edits in that statement that were overlooked by some that were quoting me. Which makes this post a bit more lengthy, sorry about that. |
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Pls dont directly and in full quote trolls, it is known as feeding the trolls and can irritate those that have such trolls on ignore.
What you can do is quote such troll and remove the offending troll post text itself in your quotation. The troll in question should know
what it is you are replying to him about. It will become more of a one on one conversation then.
Also be aware that certain trolls (mainly ICEBREAKER) sometimes adjust the Dash ANN topic thread title into a mockery title, when making
trolling posts in here. Directly quoting such a troll post will carry on such mockery title, something to keep in mind.
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Total Dash Masternode Count Hits 5,000 in Sign of Market Demand Another milestone has been reached by Digital Cash (Dash) cryptocurrency, as the total number of masternodes count of its network clocks 5,000. This figure is reflected in a network report that was generated on Tuesday, July 16 2019.Nice to see my comment on this dashnews article today getting removed as spam, this forces me to make that comment here instead of in the comments section of the article and make me think twice before commenting there again.. There is a difference in numbers / statistics between the network report of masternode.me (5008 total masternodes of which 4903 are enabled) and the masternode count graph of crowning Link : http://178.254.23.111/~pub/masternode_count.png (4903 active masternodes). Edit : i originally thought there was also a difference in numbers between masternode.me enabled masternodes and active masternodes on the masternode count graph, but it turns out i forgot to click on "latest" with the masternode.me network report so i was seeing older data. I'm not sure its wise to celebrate those 5000 total masternodes at the time of writing that article, when 128 of those were not even enabled. I rather celebrate 5000 active masternodes on the masternode count graph (which will then also include a new ATH), even if that means waiting a bit longer before making an article. I understand those 5000 masternodes form a nice round number, but using two different set of statistics (total versus active /enabled) could confuse readers. |
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No new coins were minted. Guaranteed. Having a closed blockchain like that of Monero + existance of critical bugs for some time + the increased number of Monero mining malware out in the open makes it difficult for me to accept any ultimate guarantee on this matter. It is true that these fake minting bugs only affect exchanges, but what is to say hackers did not locate a (smaller) exchange / exchanges already and were abusing them this way untill Monero patched up these bugs ? Whats to say these exchanges can even identify such problem occurring or having ocurred on their exchange ? Also the article mentions 9 security bugs of which 8 have been patched. Does this mean 1 is still open ? |
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Interesting, it made me look up the mentioned bug and i found this article : https://cointelegraph.com/news/monero-reports-on-resolving-fake-xmr-minting-bugs-a-month-after-fix“Most of the vulnerabilities were disclosed few months ago, yet were only now fixed. While Monero developers are doing great work,
they cannot guarantee no new coins were minted by deceiving an exchange. If such an attack would occur, it might've taken a long time until
the exchange would've noticed it, unless their security mechanisms are advanced enough to scan its cold wallet storage and compare it with
account deposits very quickly.” The article on itself is an interesting read and not something i consider specificly a FUD article. |
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If there was any premine of DASH how much was it?
PoS is one of our Dash hating trolls that is missing depth and focus in his Dash trolling. The Dash community knows him as Proof of Stupidity, which he has proven more then once through his posting. He likes to present his lies as facts in such a way that his "facts" become obvious lies, fooling no one. The sad truth is that the more interesting colorfull trolls moved on and now we are stuck with trolls like PoS  Now i have said this before and i say it again : the only thing trolls like PoS are good for is bumping our ANN thread, helping Dash keep visible and number 1 in the most viewed and replied ANN thread.... |
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If there was any premine of DASH how much was it?
There was never any premine of Dash. Premine means mining before public launch, this was never the case with Dash. Dash had some bugs in its software, when it first forked from Litecoin code base which caused a production of a large number of blocks with the maximum allowable coins in each block during the first two days of Dash existance. This was then fixed by the lead developer and the blocks got created as intended. Those that profited were basicly the miners that were mining Dash in those first two days. Most of those miners sold Dash at large quantities on the open market. What happened to Dash is called an instamine, and it can in general include a number of issues. Ranging from faulty code (Dash) to one entity holding million of coins (Satoshi / Bitcoin) to abusing mining software by hamstringing it with regards to speed while favouring a select few miners on secretly faster running mining software (Monero). To lean more about Dash instamine and how much it exactly was : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification |
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This week (July 18) at Dash Core Group!- Completed work to enable signed Windows binaries with the next Dash Core release to provide extra security for Windows users - Completed work on a streaming endpoint for DAPI, which allows SPV clients to efficiently and securely get historical transaction data and proofs via HTTP - Team resolved a few bug fixes on DashPay and updated the transaction card UI - Completed the full rollout of the DashWallet (Android) v6.5.1 release, which includes fixes for some crash issues related to resetting the blockchain and restoring backups https://blog.dash.org/product-update-july-18-2019-31ebf2b701Credits : Tungi17
Source : https://bitcointalk.org/index.php?topic=421615.msg51872780#msg51872780Note : the referenced DashPay refers to the DashPay wallet that will be introduced when Dash Core v1.0
hits mainnet later this year. It will serve as a showcase and forms a standard for developers to look into.
-qwiz
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 Coinmarketcap regards ROI as : The approximate return on investment if purchased at the time of launch (or earliest known price) |
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Coinmarketcap regards ROI as : The approximate return on investment if purchased at the time of launch (or earliest known price) |
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Can't shake the feeling were on the verge of something huge here - it won't happen overnight, but the fundamentals are shifting. I was thinking about this on the way home from a quick errand this evening. How does one quantify the impact of a self-funded monetary unit? This is some seriously groundbreaking stuff, I can't think of anything like it - ever. The best way I can wrap my head around it is (1.01)^x where 1 is the base value and the 0.01 is the added value from increased development. With a Market Cap around 20m the impact will be slow... with a Market Cap of 200m can you imagine the proposals that could be funded? Move this up to a bitcoin-level market cap and it's jaw dropping. Best is yet to come, can't wait to see how this develops   Halfway there  Halfway there Kinda funny to see Dash ranking 4th there with $28.61, while Dash is currently ranking 15th with $112 Makes those rankings pretty much useless. Also check the difference in trading volume between then and now. From $7.8 million in 2015 to $234 million in 2019  And lets not forget the marketcap you reference, from $203 million in 2015 to $1 billion in 2019. Mind buggling if you think about it... Anyways, forward and onward to the other half  |
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I'm in Dash project since 2015 and had seen a lot of things, some good and some bad. But the evidence is hard, the Dash treasure spend a lot of time and fund, but today, the Dash adoption is very slow, and relevance in market capitalization is a 0,35%...a year ago was 0,72% an 2 years ago was 1,50%
The Core strategies seem not be enought for create a massive interest in Dash, and if the trend continues, in few months the market relevance will be absurd, and Dash could be lost like tears in the rain, and one of the best options for fast and secure payments will be only a smoke in the fog.
The exchanges strategy are clear, BTC must be the king, and USDT the (fiat), the rest of the altcoins will be pumped if they want and whem them want.
Meanwhile Dash in the 16th
Good luck, but the luck seem not be enougth strong for us
Weird, according your posting history you only started posting about Dash in 2017, before that you seem to be involved in a lot of other crypto projects. I have been with Dash since end 2014 and i'm pretty sure i have not seen you post or discuss anything about Dash before 2017. Anyways, if you just gonna disregard the many announcements these last two years about Dash getting integrated and added to all kind of exchanges and payment services (including the just announced 250 ATM's) and you gonna disregard Dash solution to 51% attack and you gonna disregard the Dash Platform that is getting released this year through Dash Core v1.0 and you gonna disregard the funding that got Dash so popular in Venezuela and Colombia, one has to wonder why you are with Dash in the first place  |
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DASH thread seems very active. Good community
Yep, the Dash ANN thread is the most viewed and replied ANN thread of the altcoins since like .. forever  |
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Dash hits third RSI longterm (1W) low point in it's 5 year's existance
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