Promoting both Monero and Bitcoin Cash, talking about a troll serving two masters  

I guess Icey switched to Bitcoin Cash as means of backup, since Monero does not have a 51% attack solution and is putting itself wide open for attacks
after each hard fork in this current bear market with low prices and cheap rental hashpower cost.

It is true that only Bitcoin Cash (forced due to its hash war with Bitcoin SV) and Dash (compelled due to the threat of concurring hash wars & due to witnessing successfull 51% attacks on other networks like ETC and Verge)
are the only two crypto projects with a proof of work scheme currently, that managed to find a solution to 51% attacks. But that is pretty much where the similarities end....

Dash is both the creator of the X11 algorithm and leader (in hashpower) of the altcoins using the X11 algorithm and is therefore less likely to be attacked directly by a competing cryptocurrency that also uses the X11 algorithm.
Dash also has confirmation that big players actively mining Dash have fair play in mind, as they are splitting their hashing power over different mining pools to avoid a too high concentration of hashpower.  

Bitcoin Cash on the other hand uses the sha256 algorithm, is forked from Bitcoin who also uses that sha256 algorithm and therefore Bitcoin Cash faces direct threat from both Bitcoin itself (who has way wayy more sha256 hashpower)
and Bitcoin SV (a fork from Bitcoin Cash). Both Bitcoin and Bitcoin SV are extremely hostile towards Bitcoin Cash.

The solution for 51% attacks that Bitcoin Cash came up with is basicly a 10 block checkpoint system which has its own weaknesses and can be easily accused of making Bitcoin Cash highly centralized .
Link : https://blog.bitmex.com/bitcoin-cash-abcs-rolling-10-block-checkpoints/  


The solution for 51% attacks that Dash came up with is named Chainlocks and is relying on Dash two-tier network (miners and masternodes) and builds further upon Dash quorum usage (particularly the Long Living Masternode Quorums / LLMQ that v0.14 will introduce).
It basicly performs a verifiable network-wide measurement/vote of the “first-seen” rule. Through the use of LLMQs, which are randomly composed from Dash’s Masternode set (currently about 5000 nodes), the distribution of nodes that have seen a block first across
the whole network is statistically the same as inside the LLMQ. This means, that if 60% of LLMQ members have seen the block first, about 60% of the whole network should also have seen it first.

Link : https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9

Chainlocks does not have the trade-off that Bitcoin Cash has with its 10 block checkpoint system (reducing the risk of a deep reorg, while increasing the risk of a consensus chainsplit) and Chainlocks even has some additional bonusses :



Hopefully after ChainLocks gets activated, exchanges will start reducing the confirmation numbers for Dash deposits, as Dash will then only require 1 confirmation to be considered fully secure.

Dash is not centralized because of its "shady" history, the many large dumps between 2014 and 2019 actually caused widespread distribution for Dash, decentralizing the circulating supply to a certain degree.
Furthermore you can not have both a centralized altcoin and a decentralized autonomous organization (DAO) as an altcoin, its either one or the other.

Links :

https://www.youtube.com/watch?v=b_hVTRoUrjw
https://dashnews.org/dash-dao-announces-trust-protectors-election-in-march-next-step-in-dash-decentralization/

 

 

 

Monero was dangerously traceable the first few years (https://www.wired.com/story/monero-privacy/), which basicly means that Dash won the privacy race ages ago.
Dash then moved on to developing additional use cases, moving away from being a privacy-centric cryptocurrency towards a cryptocurrency more focussed on
providing fast and cheap transactions, locked against double spending. As a bonus you still have the option to put privacy on your transactions.
With Dash Evolution more use cases will become available, things like decentralized apps, blockchain storage, privatesend on phones, etc.    

With regards to the shady thing, well that is best explained here : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification
Its up to investors to decide if this still plays a role, the community has moved on a long time ago and devs kept things well documented and visible for newcomers through the use of pinned topic
(https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/).

Also with Dash you get a lot of transparancy in the form of quarterly summary calls, which are live streamed and provide a summary of its dev team's business development, financial state,
marketing development, roadmap progress etc. Not many crypto projects dev teams have this much transparancy towards their own community.
  
Link : https://www.dash.org/forum/threads/dash-core-group-q4-2018-summary-call-7-february-2019.43354/

Bear markets pretty much nullify any price increase with regards to adoption or integrations, good thing we are slowly getting out of the current bear market.
Nice price increase over the last 24 hours as well : https://messari.io/onchainfx



Here is a Dash price chart with a longterm 1month interval on Poloniex (just disregard the volume on below chart as most of the Dash traded volume takes place on other exchanges these days) :



RSI & MACD indicate that the bottom has been reached for Dash and that hopefully a new longterm uptrend has been started (a bit too early maybe to tell on this chart, things should get more clear in a few months).

* Dash is growing exponentially in Venezuela and Colombia : https://discoverdash.com/stats/
* Dash continues with integrations and partnerships throughout the current bear market : https://dashnews.org/
* Dash is about (within a few weeks) to activate automatic instantsend on small transactions for free : https://bitcoinexchangeguide.com/dash-instantsend-becomes-first-auto-payment-platform-in-the-crypto-industry/
* Dash will be rolling out ChainLocks with the next update (v0.14), which will make it impossible to 51% attack the Dash network : https://dashnews.org/dash-to-significantly-overhaul-security-with-chainlocks-solves-51-mining-attacks/
* Dash has created Dash Ventures, which will allow additional more risky investment streams while burning tokens to distribute "dividends" : https://cryptobriefing.com/dash-ventures-coinbase/
* Dash annual reduction in blockrewards (-7.1%) takes place in 38 days, making Dash yet again a little bit more scarce : https://stats.masternode.me/network-report/215512
* Dash currently holds 58.8% of Dash circulating supply as collateral for its masternodes, indicating a healthy interest from its longterm investors : https://stats.masternode.me/network-report/215512
* Dash Evolution (Dash Core v1.0) will be on Mainnet right after update v0.14 and it will make it far more easy to use Dash by introducing Blockchain Users, Decentralized API and Dash Drive : https://www.neptunedash.com/blog/how-dash-evolution-is-taking-dash-to-a-whole-new-level/

Dash Roadmap :


 

So yes, Dash is still a good long term viable project  

When v0.13 is fully activated on the network (within a few weeks), Dash will have automatic Instantsend on default for small transactions (4 inputs or less), which will be about 90% of Dash transactions. This will be without any additional fee.
In short, once actived 90% of Dash transactions (small transactions) will be sent and received within a few seconds on the network, immediately protected against doublespending and without any additional fees (just the normal low transaction fees).
This will strengthen Dash use case as being used by anyone as digital cash and specially in Venezuela this will prove very helpfull as small transactions are taking place a lot there.

Personally i rather have the network security that Dash ASIC miners provide, combined with Dash Chainlocks that provides protection against 51% attacks (https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9),
then having to hard fork a network every few months to block new ASIC miners on the network and thereby actually increase the risk on 51% attacks on that network (specially in a bearmarket where prices are low and its easy to just rent the hashpower).
Not only do consecutive hard forks scare off investors, they also encourage bad behaviour under miners (which is why Monero after having hard forked to ban ASIC miners before, is in the exact same situation now again).

This is a chart of the miningpools that are currently mining on the Dash network (GPU and ASIC miners) : https://chainz.cryptoid.info/dash/#!extraction



You can have ASIC miners and still have a nice spreadout of hashpower over different mining pools, you just need to encourage good behaviour.

Charts dont lie, people lie. Specially you. First you totally disregard anything that Dash has accomplished so far, then you purposely overlook what differentiate Dash from Bitcoin and then you end up accusing Dash of being just a straight copy from Bitcoin.
You are just a big liar from a competing cryptocurrency which is clearly missing adoption, transactions and a primal use case (which by the way is not digital cash for Monero, no matter how hard you try to claim it is).

I call you a fanatic Monero supporter because that is your behaviour : attacking Dash in any Dash related topic and trying to switch people to Monero.  

You have very strange thoughts, Dash has (beside Bitcoin and EOS) the highest number of payments, is used more and more as digital cash and has the strongest presence in Venezuela where people actually use Dash
to buy every day things to survice (food, drinks etc) : https://ambcrypto.com/exclusive-dash-dash-is-now-a-venezuela-favorite-traders-call-it-an-innovation/


https://discoverdash.com/stats/






 


 

Link : https://messari.io/onchainfx


This clearly shows Dash strength with number of active addresses, number of transactions and number of payments.
It also shows other cryptocurrencies weaknesses, cryptocurrencies like Monero, Bitcoin Cash (i suspect also Bitcoin SV) and Cardano are severly underperforming in this bear market.
As is XRP with regards to number of active addresses.
  

Oh please stop with the low quality FUD already Febo
(Febo is one of the more fanatic Monero supporters by the way).

This is what Dash brings to the crypto table :

Optional privacy on its transactions (missing in Bitcoin)
Automatic Instant transactions, locked against double spending on 90% of its transactions by default (missing in Bitcoin)
Cheap transaction fees (much lower then Bitcoin)
Chainlocks : protection against 51% attacks (missing in Bitcoin)
Decentralized budget and funding system (missing in Bitcoin)
Rewarding full nodes for providing services for the network (missing in Bitcoin)
Grassroot movements in countries that really need it like Venezuela and Colombia (no real effort is put forward by Bitcoin)

Dash achieve all its activities on-chain, unlike Bitcoin who is setting up centralized sidechains off-chain (Lightning network) with payment channels where funds needs to be always online
(which increases the risk of theft, hacking, ddos attacks and god knows what else) and there is general uncertainty how high the transaction fees will get to be. Also Lightning Network is still in Alpha phase,
and is far from getting implemented into their mainnet. Bitcoin is slowly but surely transferring into something very very centralized and very very against Satoshi's view on things
(like increasing Bitcoin's blocksize when its actually needed (2 years ago) and keeping the network onchain).

With Dash Evolution (Dash Core 1.0) there will be even more activities for Dash : blockchain usernames, decentralized API, Dash Drive, decentralized apps
For those that are curious about Dash roadmap and its progress : http://www.dashroadmap.org/dash-now/



To OP : there are some third party's that share a masternode, maybe you can read up on them : https://docs.dash.org/en/stable/masternodes/hosting.html
(i know masternode.me from moocowmoo is highly recommended, as is Splawik Supershares and Hosting service)  

 

Then you better stay awake that night 

Number of blocks before next blockreward reduction : 26610
ETA : 38 days, 19 hours, 40 minutes

Current blockrewards for miners / masternodes          : 1.67 Dash
After the next blockreward reduction  (-7.1% annual) : 1.55 Dash

Link : https://stats.masternode.me/network-report/215512

I think its unrealistic to assume any of the current top 20 cryptocurrencies can actually "zero out".
They can however loose the battle for adoption and end up not getting used much, or used only for speculation.

In the end its all about a cryptocurrency use case(s) and if that use case gets utilized or not.  
Every investor should ask themself this :

What is the use case for the cryptocurrency i'm involved in and how successfull is it with regards to that use case ?

Looks like cryptowinter is melting away at last, giving all thats green a chance to grow :



And growing it is  

Thank you for asking, to be honest i feel a bit hungry.
I think i'm gonna order a pizza.

Dash v0.13 Update Progress (tungfa kinda spoiled it already, but here is it anyways )

Masternodes : 82% on latest protocol


Miners : 100% on latest protocol
Note : last hour graph can be subject to fluctuations


This means that DIP3 is now in the phase of getting locked-in. After DIP3 has been locked-in, DIP3 will need some additional time (approx 1 week) to get activated.
Then the fun part begins (activating sporks 15 & 16), while masternode owners can proceed with registering their masternode as a deterministic masternode (step 2 in their upgrade procedure).

  

Long time no see, good to see you post here.
Cheers.

 

Dash was already a Proof of Work cryptocurrency before it created its second tier (full nodes, receiving payments for staying online 24/7 and for providing services for its network).
This second tier was placed on top of its first tier (miners), was named masternodes and became known to the world as the "masternodes" concept.

Having a Proof of Work (just like Bitcoin) provides more security and more decentralization then Proof of Stake projects in my opinion.
Having forked of Bitcoin also provides Dash with more adoptability among merchants and exchanges, as its easier to add Dash to their already existing Bitcoin offerings as code-wise they are very similiar to a degree.

So basicly the masternodes concept adds value to Proof of Work.
Also Instantsend (to have transactions sent instantly, while locked against doublespending) adds value to Proof of Work
Chainlocks (which will prevent 51% attacks) will add value to Proof of Work
Dash Evolution (decentralized apps, blockchain usernames, dashdrive, scalability) will add value to Proof of Work

All these additional values to Proof of Work will in time reflect back in the price.



 

Unfortunetely for Monero its failing as digital cash. There are simply not enough transactions and payments taking place on its network and its traded volume is very low compared to its competitors.
Then there is also the lack of integrations on exchanges and the lack on certain sites that would have strenghten its use case as digital cash .. this is not helping Monero either.  

Below is a site that compares cryptocurrencies against each other, it has a lot of options with regards to how to display which data and it can be a bit of an eye-opener :

Link : https://messari.io/onchainfx

Update your Windows wallet (cold wallet with your 1000 Dash collateral) to v0.13.1 and have it completely synced
Update your Linux server wallet (hot wallet, does not contain funds) to v0.13.1 either through software program "dashman" or by manual update. With manual update check from time to time sync status with command ./dash-cli mnsync status
In the mean time you need to update sentinel, regardless if you update manual or through dashman by giving following commands on your server wallet :

cd .dashcore
cd sentinel
git pull
 
When your Linux server wallet is completely synced (status 99 is final status, server wallet can be closed now) a masternode start command should be given from your Windows wallet / cold wallet.
This command can be given through your debug console or can be clicked on your masternode tab (unlock wallet first).

Check your masternode a hour later here : https://www.dashninja.pl/masternodes.html (fill your mn pubkey at the "Regexp search"), it should say active with port open.
If necessary check the status of your masternode through your server with following command : ./dash-cli masternode list full | grep -e IPADDRESS (change this to your own mn ip address), it should say ENABLED
(if it mentions something about sentinel ping expired, then wait a bit longer and then check again)
 
Other steps of the upgrade procedure will come into play once DIP3 gets activated, which could take a few weeks. It involves registering your masternode as a deterministic masternode.
For now you are only to follow step 1 : Update the masternode software --> https://docs.dash.org/en/stable/masternodes/dip3-upgrade.html
(this is basicly how you normally update your dash software, but in this case also with an extra sentinel update and with a masternode start command).

If you still have problems, you can create a support ticket on the Dash Support Service Desk here : https://support.dash.org/en/support/home
Or you can create a thread in our dash.org/forum here : https://www.dash.org/forum/topic/masternode-questions-and-help.67/

Be carefull not to let people have access to your pc, either through teamviewer, by remote access or by providing certain commands in your debug console !!
People have been scammed this way.