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I almost forgot to mention, with Dash you have two kinds of syncs :
Blockchain sync : this is pretty fast and once synced you can transact as usual
Additional syncing : This takes place right after the blockchain sync and can take some time (5 to 10 minutes). It makes your wallet sync to the masternode network, so you can start using InstantSend and PrivateSend
If you just want to do a normal transaction without a need for instantsend or privatesend, then you dont need to wait for this additional syncing process to complete.
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1 full Dash masternode with 1000 Dash currently costs $91000, not 800K $ Link : https://dash-news.de/dashtv/#curr=USD&value=1000Dash also has shared hosting services, this means you dont necessary need to have 1000 Dash. You and other participants share a masternode (and its MN payments), just be aware these are third party services. Link : https://docs.dash.org/en/stable/masternodes/hosting.htmlI know moocowmoo (Dash Core Team member) provides a shared hosting service and it looks like CrowdNode does too (new hosting provider). Splawik (Dash Core Team member) used to have his Splawik Super Shares but that seems replaced with SID Hosting Service, which requires the full 1000 Dash. You could shoot him a message, asking if you can still participate with lower amounts of Dash. |
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Well, the original creator of masternodes (Dash) syncs pretty fast and also has a bootstrap that you can use if you plan to download and sync the blockchain from scratch : https://github.com/UdjinM6/dash-bootstrapIt helps by the way if you have the blockchain on a SSD drive, syncs faster. For safety i would recommend an external SSD drive that you only connect to your pc during operations or invest in a hardware wallet (Ledger / Trezor). You can always test the sync speed before investing in any masternode cryptoproject. |
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Possible U.S. Sanctions on Visa and Mastercard in Venezuela Highlight Need for Decentralized Money The United States government is considering the option to put sanctions on Visa, Mastercard, and other financial institutions to curtail the power of the Maduro regime.
The intended goal of the potential policy is “to deprive the illegitimate Maduro regime of access to funds and deny their ability to continue stealing from the Venezuelan people”.
This would add to the previous sanctions on state-owned oil company PDVS that were instituted after the U.S. and other countries recognized the opposition leader, Juan Guaido,
as the country’s interim president. This is just the latest desire by U.S. officials to curtail other individuals’ actions by leveraging the financial system oligopoly. The most famous previous example was when the U.S. government
cutout Wikileaks from the financial system by sending a letter, which some considered blackmail, to different payment processors that made it was a “straightforward” decision. This action ultimately led
Wikileaks to use cryptocurrencies. These financial blockades usually end up hurting average individuals since wealthy individuals usually have the means to evade the common financial transaction methods,
such as physically delivering payments. Even though the U.S. wants to spare the average Venezuelan, they will mostly feel the affects as many state-owned and connected businesses that still provide a minor
amount of liquidity would now be disconnected from the world. Thus, average Venezuelans have a high probability of being hurt the most as they will have an even harder time purchasing vital goods and services.
Cryptocurrencies provide an alternative for these individuals escaping the intentional and unintentional effects of governments no matter how good the policies’ initial intentions. Dash has been working hard to get significant direct merchant adoption to empower individuals by no longer needing to rely on the banking system that can be controlled by foreign powers with alternative interests. Read more here : https://dashnews.org/possible-u-s-sanctions-on-visa-and-mastercard-in-venezuela-highlight-need-for-decentralized-money/Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg50175532#msg50175532
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I think these are two seperate events, Dash Evolution still needs to have v0.13 fully activated (specifically spork 15 & 16), v0.14 needs to be thoroughly tested and then implemented on mainnet which will take some time. Then and only then can we think about Dash Evolution "coming anytime soon" in my opinion.... I do wonder how Dash dev team will handle the marketing of Dash Evolution when its ready for release, i hope it will be a bit more then just introducing the Dash Core v1.0 release to the Dash community and to media outlets. |
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Dash Text Debuts Charity Program, First Truly Distributed Charity System? Dash Text has rolled out a new charity system which promises to be the world’s first distributed charity model.
The SMS-based Dash wallet service debuted the pilot of its charity service this week, offering an automated and distributed form of processing charitable donations.
A donor can send Dash to the specified donation address, which is then instantly and evenly distributed among the pool of end recipients. The recipients have Dash Text wallets,
meaning that they are able to send an receive via SMS message without an internet connection, and receive donations quickly and directly without having to wait or trust a
nonprofit worker to take the requisite action. Read more here : https://dashnews.org/dash-text-debuts-charity-program-first-truly-distributed-charity-system/Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg50173767#msg50173767
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Bitrefill Reduces Prices on Venezuelan Vouchers, Works with Dash Text to Circumvent Blackouts Bitrefill has lowered its prices for refills in Venezuela to subsidize mobile phone top-ups, and begun integrating Dash Text, to help in the face of nationwide blackouts. Bitrefill offers a variety of vouchers and gift cards, as well as mobile phone top-ups, for cryptocurrency. During recent power and internet blackouts in Venezuela,
the company noticed a sharp uptick in purchases from that country from customers using cryptocurrency to refill their mobile phone credit, as cellular service has remained
operational during the blackouts. In a recent post, Bitrefill outlined a pricing reduction to help alleviate the situation:
“Our team held a meeting to see if there were any ways we could help. We reviewed tweets from Venezuelans teaching each other how to get reconnected using top-ups from Bitrefill.com.
We also saw some concern about the pricing of our Venezuelan telecom products.
We don’t have a direct connection in Venezuela and thus we pay a premium above the face value to acquire refills there. We were already selling these products at cost, but we decided to subsidize
these products and reduce the selling price to face value, so until further notice, refills in Venezuela will be priced at face value according to the LocalBitcoins.com BTCVES rate.”
Bitrefill currently supports payments in a variety of cryptocurrencies, including Dash, with instant voucher delivery with InstantSend transactions. Additionally, a 10% temporary discount is offered when
paying with Dash. Read more here : https://dashnews.org/bitrefill-reduces-prices-on-venezuelan-vouchers-works-with-dash-text-to-circumvent-blackouts/Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg50148294#msg50148294
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What do you think is the most profitable masternode this year? and the cheapest masternode some has a really high amount of collateral. I have done some google job  and I found out this site https://masternodes.com but I want some facts from you guys. I'm really interested in this full nodes. Here is the Top 10 from the site, what do you think guys, looks like DASH is still leading. Do you know a new coins with some potential.?  This is the new Dash roadmap, so you know what to exspect in 2019 : https://www.dash.org/roadmap/I think the annual ROI (return on investment) in the end will be influenced by : Code Development Business Integrations Merchant and User Adoption Availability on exchanges Active community Good communication between dev team and community You can check the annual ROI for above mentioned masternode coins here : https://messari.io/onchainfx (just select the coins you are interested in by putting a watch on it, select the "only watched assets" mode and check the ROI by year boxes at the right side) |
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Dash Among Top-3 Performing Cryptocurrencies After Initial Exchange Listing Read more here : https://dashnews.org/dash-among-top-3-performing-cryptocurrencies-after-initial-exchange-listing/According to U.Today, exchange pricing data pulled from DataLight show the top largest gainers from their initial exchange listing price to be, in order, Bitcoin, Ethereum, and Dash.
These three grew past their initial listing price by 1.3 million percent, 68,200,000%, and 39,500,000%, respectively. More than regular year-on-year growth over time, these statistics
reflect the discrepancy between initial exchange valuations and current rates, singling out those who began trading as under-hyped, rather than over-hyped, projects. An additional factor
specifically regarding Bitcoin may be the relative underdevelopment of the cryptocurrency exchange world in 2010 when the first trading pairs appeared. Credits : NibiruHybrid
Source : https://bitcointalk.org/index.php?topic=421615.msg50134793#msg50134793Above article connects nicely with with my own little research i did today, when i was checking the Return On Investment (ROI) between 2015 and 2018 of diverse crypto projects (mostly crypto projects in the top 15 of coinmarketcap) : https://messari.io/onchainfx Dash consistently scores higher ROI over the years (2018 the exception), and has turned more profitable in 2015, 2016 and 2017 then Bitcoin and some other altcoins. 2018 shows the arrival of new (hyped) projects entering the market, it will be interesting to see if they can maintain growing year on year ROI now that the hype has faded for these new crypto projects. The article also goes into the found link between frequent cryptocurrency trading and problem gambling, which strenghten my idea that longterm investing in a crypto project that has good use cases and clear development progress is investment wise more sound, then going into altcoins trading with the idea of trading those to Bitcoin. You often see Bitcoin maximalists proudly stating that they just trade altcoins, in order to increase their Bitcoin assets, when looking back it could have been more wise to just hold onto some of these altcoins longterm because of their history of year on year growing ROI. Dash still has some surprise moves up its sleeves (Dash Evolution, Developing Additional Use Cases and Services, Dash Ventures, Merchant and User adoption in Latin America), that should see a further market evaluation for Dash in the near future. Which should lead to higher ROI again for Dash....
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