I was entering to correct a term from my previous post by the "nice" Saint Google (in my original language, the tone and respect it expresses is very different ... I don't know if it is in English, but just in case, I'll leave it there ). Where it says "stupidity" (worthy of an idiot), the term was "absurdity" (lacking in logic). For me, one and the other are very different, especially on a personal level. That being said ... move on to the reply post I see
So if you throw out mining and ALSO don't capitalise the tokens in some other way such as through bonds or massive utility, what have you got left ? Nothing.
Capitalize with Reserves that DO work. But it is not possible as long as the system reverts its benefits to those who (against the general interest) casually decide how it works. That's the wicked LOOP of DASH. Unfortunately, in crypto, the shortcuts and tricks leave any orthodoxy on the back burner. And, imo, the important thing is that the most positive projection of these projects is expressed in practice for an automatic disposition of a quality money of absolute urgency for users all over the world, imo ( precisally because I am absolutely fed up with heavenly white papers that in their execution, remain on wet paper just cheating a couple of proper nuances)...and i would like to see the original idea of DASH to its full potential ... and I don't see him doing it through metaphysics that are impossible to implement. But yes, optimizing those three fundamentals mentioned above (which, of course, I have not invented in DASH - which makes it quite clear that its limitations do not come from rethinking, but from NON-COMPLIANCE -) : Financial freedom - an adequate Reserves strategy is the shortest way in that sense, imo -, decentralization and resistance to censorship. A greeting. pd : I just discovered the "edit" button.  A relief. |
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When monetary issues can be generated by other less expensive channels, other factors must be consolidated in DASH to make it a successful project. With "all due respect", this is arrant nonsense in the case of cryptos who's store-of-value proposition is based around a commodity archetype and the last 5 years of trading have shown it to be such. You're basically arguing that bitcoin would be more valuable if it could be created without all that hashrate. Be my guest in demonstrating this theory because Dash is already trying it and plummeting out of competitive range of its contemporaries. All these theories are trying to do is justify how "free money" can have value. It's emperor's clothes logic, nothing more and is exposed when you simply present an authentic formula for ROI for masternodes and mining as done above.  In the last conversation I had with you, you described my assertions that speculation with stable coins was tremendously fruitful as foolish ... and I ended that debate at the root by showing it in 3 lines, with even greater return, frequency and security than currency trading. open trading. I always read you with interest in discord, you are not the average fool that lives there, despite your obvious errors of concept and that often your vehemence leads you to function on the basis of topics instead of absorbing perspectives that tear down walls with evidence. of you. I sincerely hope that you have overcome that ... because if you are perceived as a restless person ... and that will prevent you from growing and solving the crossroads that arise. Anyway, and since it's your business ... I don't have much time to settle into that. I hope that around here we all know how to get something better. You are completely lost, because you associate the value of money with the energy expended to produce it - or you give it a totally excessive importance -, which is an enormous stupidity that ignores innumerable and BIGGER conditioning factors between one issue and another that they simply evaluate perfectly your thesis to the irrelevant level it deserves - a confinement in which you settle and that seems like you like to savor, a mystery -. You are the one who must refute the undeniable and gigantic social value that a fiat provides that a corrupt regulator can produce with the tip of its penis ... or, for example, ERC20 created by decree, many of which are a thousand times better deposits of value than DASH. If the energy expenditure of BTC were the basis of its value, Tether - a thousand times more important in the retention of value of BTC than the contribution of its miners - would not exist ... do not be naive. The value is determined by an inalienable floor of wealth (which in BTC has been and continues to be caused for the most part by speculative factors - in fact, enormously allied with the unspeakable and demonic fiat, of which few "idealists" beneficiaries complain -) . That is what is practical beyond the endless literature of each (mine included) ... and it is what you have to achieve. And by the way ... perfectly possible to achieve for the DASH model (although perhaps not for its original project, locked in a centralized corruption loop that prevents executing the SIMPLE necessary optimizations - which, by the way, you, although minimizing them, you continually reveal -). DASH must optimize its financial independence, its decentralization and its resistance to censorship ... all of them elementary factors in its original declaration of principles ... and clearly, immensely improvable. Without that ... the rest is talking about the sex of angels...but I hope that with the debate we will get something better. A greeting. |
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DASH mining is extremely unprofitable for a long time and what decision DASH team made about it - to make it even more unprofitable ,giving more of coins to masternodes. It is insane decision for one POW coin It sure is. Because there are 2 significant omissions/flaws in the reasoning behind Spork 21 IMO: 1. expressing and targeting ROI in Dash instead of USD (irrelevant to an investor) 2. modelling miners and masternodes as demographic groups instead of compoundable factors in the reward function (makes the analysis almost sociological in nature instead of economic) So, to correct for these two errors we see that a completely different picture emerges as to the optimal approach. Masternode ROI now becomes: (Reward + Capital Gain or Loss) / Collateral Mining ROI now becomes: (Reward[ at mining difficulty] + Reward[ at zero difficulty])/Mining Cost This is the more complete and correct description of the Dash protocol economic model which is the one that should have been used to determine an optimal "store of value" configuration IMO since roughly half of Dash's supply is effectively mined at zero difficulty. Any "miner" can therefore avail themselves of primary supply: exclusively at mining difficulty exclusively at zero difficulty or a combination of bothNote that there are two significant implications of this which turn the reasoning behind Spork 21 on its head: 1. while the Dash protocol can set the reward ratio in Dash, the market sets the reward ratio in Dollars. 2. following from 1, the Dash-determined reward ratio is IRRELEVANT unless its "tuned" to a market-competitive level. If we set it wrong the market will simply work against us to "set it right" 3. the argument that "restricting supply to miners" is somehow effective in gaming order book liquidity is moot because in the holistic model the entire supply is mined, just at distinct difficulty levels. It is also rendered moot because of the false assumption that demographics are coupled to reward categories which they clearly don't have to be 4. the argument over whether or not miners run masternodes to subsidise mining is also moot because the Dash protocol ENCOURAGES IT, since the more masternodes a mining cartel runs, then lower their average mining difficulty level is. Masternodes are also a capital asset that can be cashed in at the end of use (unlike mining rigs) so the incentive for hybrid mining is substantial ***************** HOW TO FIX ***************** The problem is that mining profitability is set DIRECTLY by the free market (through difficulty adjustments) whereas masternode profitability is set INDIRECTLY by the free market with recourse to the coin price. We need to eliminate the tension between the market-optimal reward ratio and the protocol-configured reward ratio to get rid of the drag. Since masternodes are effectively miners in the sense that they receive the primary supply, the mining profitability margin therefore serves as a reference for this (since it's already responsive to the free market). We can even guess it just by looking at a few coins - getting it anywhere near the right level will be infinitely more optimal for growth than what we have at the moment.  With all due respect, you've been going around in circles for a long time. The "reserve of energy value" is a fallacy. The energy spent is not a reserve of value, the deposit chosen to dump that energy (which is really "contained capital") is what adequately reserves the value ... or not. And it even projects it, in its case. If you shit in a box, that energy used is worth nothing. It is the energy used in a WORK that generates wealth that must be preserved in a suitable reserve of value. And by the way, economic dynamics itself creates added wealth to preserve ... if not ... what is prosperity, prosperous growth? Fiat is centralized and effortlessly created garbage, now ... to believe that it does not create wealth is stupid. Prosperity is basically a soil of inalienable wealth. Various factors contribute to this beyond an energy expenditure in the initial production. When monetary issues can be generated by other less expensive channels, other factors must be consolidated in DASH to make it a successful project. What you have to do is preserve that wealth created and that it reverts in the chain ... turn that dynamic into one of progressive accumulation of wealth for the general interest. (which, indeed, is practically monopolized in DASH for the Mnodes ... but that is the question to fix, not an EXPENSIVE energy source whose costs have been optimized - which should be positive for the project - ... that this added value - and more - is intercepted in particular interest during the process and prevents contributing to the common good to enrich the ecosystem). You have a paradigmatic example of this parasitic sacrifice in a DCG CEO who claims to charge the minimum wage ... while taking his warm cake at the expense of his nodes, with which he constantly drains the system. Mining is not the key to anything, man ... it is another agent that suffers speculation for the centralization of DASH, nothing more. |
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Thanks, but, Christ, it sounds really embarrassing! (-363.89% yield!). Now I understand your earlier tone of sarcasm and dislike for the Mnodes model. toknormal is a masternode operator. So he may dislike the Mnodes model, but he is surfing the masternode waves. From the start... Also i strongly recommend to only invest what you can effort to loose, and not to engage in borrowing Dash. There was a whale that was doing Dash borrowing on SALT* awhile back to setup masternodes and he got pretty badly liquidated on his borrowing at some point (100K Dash liquidated or something ?). * https://blog.saltlending.com/salt-adds-dash-as-collateral-and-offers-a-way-to-maintain-your-masternode-877fe7caa615thanks Do you have an idea of what would be a minimum return for a miner? A normal yield. |
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Thanks, but, Christ, it sounds really embarrassing! (-363.89% yield!). Now I understand your earlier tone of sarcasm and dislike for the Mnodes model. Excuse the insistence, I take care of the sensitivity of the topic, but would you be kind enough to tell me how much would be a minimally acceptable performance? (to be minimally motivated to provide that service) |
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From what price is it profitable to mine DASH?
1. Borrow $67,000 at zero percent interest 2. Buy 1 masternode 3. Mine for 6 months at zero difficulty 4. Dump your masternode 5. You now have $2264 worth of Dash at zero cost and no investment capital Thank you, but i mean miners, not Mnodes. I would also appreciate that information about other currency ... but of course about DASH. |
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competitive mining theory The problem is, that with bitcoin at $100,000, current Dash/BTC ratio and current mining/masternode reward ratio MN "profits" would be at near $6000 every 7 days for 1 node. That amounts to $2 Billion per year network-wide in pure profit for doing no economic work. Mining at zero difficulty in exchange for $2 Billion worth of value. If you think that's a "theory" that works then you went to the school of Alice in Wonderland economics because no activity survives with that kind of deluded model. The profits simply get repriced in dollars. So we'd be looking at Dash/BTC ratios of around 1/10th of where they are now if we're lucky. The job of the "competitive mining theory" is to preserve capital in the chain by making the coin as expensive to mine as it is to buy. End of story. It's very successful at that and if you don't use it then the capital simply disappears out of the chain in proportion to the number of blocks that get mined at zero difficulty in comparison with those at full difficulty. (A bit like what would happen to bitcoin if it were to give away half its new supply to large holders at zero cost instead of putting a price on it.What's the difference between that and what Dash does ? - none. Ok so they have to run a node. Big deal, it costs $15 a month. It's no more than a symbolic gesture compared with the devaluation incurred through loss of mining effort). In mined coins, utility arises from being an effective store of value, not the other way around. (As we have found to our cost). From what price is it profitable to mine DASH? What is the cost of basic but competitive equipment? What return do you need? Thanks. |
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Hello DASH supporters.
Can I see the total funded addresses of the entire DASH chain from the explorer?
Normally, I only get the "Rich List" up to the 200, 500, or 1000 richest, it depends on each browser. But it is impossible for me to go from there and I suppose it is public and accessible information.
Thanks.
...Higher percentage in top 10 addresses, top 100 addresses, top 1000 addresses & lower percentage in all other addresses = More Centralized Wealth Distribution (Litecoin) Lower percentage in top 10 addresses, top 100 addresses, top 1000 addresses & higher percentage in all other addresses = More Decentralized Wealth Distribution (Dash) Thanks, I found it earlier here: https://blockchair.com/dash/addressesAt the bottom right, you search listings, by the amount contained in small addresses. |
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Hello DASH supporters.
Can I see the total funded addresses of the entire DASH chain from the explorer?
Normally, I only get the "Rich List" up to the 200, 500, or 1000 richest, it depends on each browser. But it is impossible for me to go from there and I suppose it is public and accessible information.
Thanks.
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Hi.
What documentation do you need to send to TAAS for the return? Are they documents (passport, photos ...) ... or just data?
Thank you.
Need to send a copy of your id / passport and the proof of residence translated in English. Well ... the ID or passport copy, understood ... I guess a photo of the main page is enough, right? Copy of the residency test + English translation ... or just the translation? ( I do not understand sorry ) Thank you. |
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Hi.
What documentation do you need to send to TAAS for the return? Are they documents (passport, photos ...) ... or just data?
Thank you.
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No, you can join in the whitelisted now. But you can only send the tokens TaaS to the smart contract on May 1.
- "Perhaps it is better to sell without problems now for 0.50$, than to expect a possible reward of 1$ for one token"
The minimum payment will be 0.16 for each TaaS token (32% in $0.50). This is the minimum amount I expect for this quarter.
This is what I understood so far.
Hello...some basic questions, please ¨ - What happens with projects like VIMANA ... with great potential for revaluation and key events in its roadmap next quarter? Is it acting after overcoming the risk of investors ... and depending on the appropriateness of its evolution? - ... or will they proportionally return all the diferent portfolio tokens? (Which I miss a lot) - There is also no information about the distribution. It is assumed that TAAS was the beneficiary of 25% of the capital gains generated by the tokens on deposit ... but never of the ownership of that investment capital ... so there is no reason to reduce the minimum stored proportionally between the TAAS holders. Why is there no indication of something so elementary in these circumstances? - Finally: Are you an official part of TAAS? If you were not ... why is not there someone from TAAS dedicated to serving investors? This is far from being an adequate way to face the most basic responsibilities and a clear sign of inhibition. Thank you. |
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This quarter it seemed that we were going to receive, after a long time, new benefits.
But, oh surprise! : the web has changed and there is a new announcement. What is this, please? I do not understand anything.
- Cease business?
- Is there some kind of sharing of tokens?
- What information should be attached?
- If you have the tokens on an ERC-20 wallet, are you still inside and able to operate?
Thank you. ( is really complicated for a simple user, i think )
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In the face of Tether's...
Hi there, Sorry for the delay, we are not as active on here First of all ... thanks for the response, very kind, I'll read it carefully. A greeting. |
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In the face of Tether's increasing uncertainty and the increasingly open anti-volatility throne ... we can expect some movement from JIbrel Network (in key "change of pace", "OFFICIAL endorsement of solvent partners", "some REAL use application for JCash" , "entry in exchanges with weight in the sector ", etc ...)  How much would it multiply, in this MOMENTUM, each $ of investment of the few that the pioneer holders of Jibrel overturned their generous ICO How much would you consolidate a project like this in the niche of the stablecoins And nothing more ... from the logical curiosity of a follower to all the effects of the project and the naivety of a feedback almost non-existent, I remain to any answer that they considered opportune. A greeting to the Jibrel team and thank you. |
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Hello Once again I raise the same question, of crucial interest to the investor community ... in case there has been some misunderstanding: "When will JCash have direct utility? direct applications in those terms? Thank you. "It can not be overemphasized that the day following its update report, which we were so keenly waiting for... the Gemini Dollar of the Winklevoss, regulated and backed by US dollars, can now be traded ( https://coinmarketcap.com/currencies/gemini-dollar/#charts). It is not enough to comment on the importance for any investor in these circumstances of increasing competitiveness, of the dates, entities and concrete conditions that JCash would support. I hope that you can attend to my query, any person positioned in JNT Token will surely thank you.
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 Hello... Personally, I do not understand too much that having changed timmings of the project, etc., invest time in a wallet or an explorer that while Jibrel Network works in the chain of ethereum can be used in this same platform because they are already done and thus seek to optimize efforts to ensure that JCash is up to date as soon as possible, in any way, in a matter of partners that support the operation of JCash, it seems that they will be counted on "in a few months". Although after reading the update report, it is not easy to draw concrete conclusions, which is what as an investor you may need after all this year of corrections in the roadmap, etc. As it is well said in it, the stable coins that are entering the scene (that appear suddenly, are announced and WORK) are taking advantage of us after a year of exhibitions, presentations ... but without operative developments ... the key is know when JCash will have direct utility. When will it be in exchanges and / or will it have steps to fiat or direct applications in those terms? Thank you. |
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Any opinion about what happened last night? Thank you.
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Hello again, Jcash can currently be used to hedge against falling crypto rates. Simply put, if you expect ETH to fall, you can switch it to stable Jcash to protect yourself against falling rates. At the moment Jcash is not accepted anywhere, but in the future merchants could use Jcash to accept crypto currencies by converting them to Jcash or accepting Jcash directly. There are also several pilot projects with financial institutions, governments and regulators in which Jcash and consequently JNT play a key role. However, these pilots take their time and understandably some parties prefer silence regarding the collaboration or specific details. Jcash will definitely not be usable on unregulated exchanges due to legal requirements, as most exchanges dont take KYC and AML/CFT requirements serious enough. Jcash was rolled out with a soft launch in Germany, Switzerland and the UK to pilot the product with a small group first. Besides the optimization of the onboarding process, there are still a few bugs that need to be ironed out before Jcash can be offered to the wider public. This is from the Chinese Community Response that has been released earlier this month ( https://drive.google.com/file/d/1Wbgt5AdK3Kf8gr2od-z8ALv1Bs7rpKKs/view?usp=drive_open): The next iteration of Jcash will include a larger number of countries, and additional Jcash tokens will be minted as the adoption of the cryptofiat solution increases. Marketing efforts for Jcash will be targeted to the jurisdictions the product is rolled out in. There is a comprehensive plan for Jcash customer acquisition with referral agreements, digital and traditional advertisements, airdrops and joint initiatives with institutions planning to use Jcash. The next update will be released on October 5 on Medium. OK ... I expect that communication with great interest. On what is exposed in the post, if JCash is not supported anywhere, if you take downs of eth ... how do you return to eth once recovered? Do JCash providers also provide ethers in the opposite direction? Or you must assume definitely the amount of your ethers in fiat (which would be a problem). You comment that there is a pkan of deployment of JCash with different agents (public administrations, financial entities, etc): Is that plan available to the public? Thanks again for your informative support to the thread. I will think benevolently that you are a member of the incognito team in order to explain to me in some way the incomprehensible lack of information of the Jibrel team in this forum. |
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