From the ANN topic, I saw lots of good news, but in the last two days, DASH has fallen dramatically again.
So has Bitcoin, so have a lot of altcoins. To endure a bear market, one has to be patience. This bear market does show unfortunetely that no altcoin can currently trade independently from Bitcoin. Maybe some altcoins can in a few years, but not right now. |
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Some massive dumping with Bitcoin going on ($6443), will the $6000 hold ?
Stay tuned....
#bearsatplay
#sentimentreversal
#bloodinthestreets?
Meanwhile Dash seems to have found some support in the higher 0.033 range and has bounced back to 0.034
Which means Dash is getting hit by Bitcoin's price decline less then other cryptocurrencies right now.
Lucky timing or smart trading ? I have my thoughts about that...
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To our new Dash members : PoS is the account of one of our lesser trolls that show up in our Dash ANN forum from time to time. Normally PoS trolls Dash with accussations of how Dash is a deliberate scam (see his signature), this new approach of his looks promising and could be a way of viewing his accountname as something more then Proof of Stupidity. Unfortunetely in the case of Dash hashrate there is not much to FUD about, it had a huge spike end 2017 due to new ASIC miners entering the market and has stabilized now and is maintaining a pretty healthy hashrate :  It was a good effort nonetheless, PoS .. i'm looking forward to your next FUD attempt. |
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 Hmmm, Bitcoin price currently at 6696 and our Dash ANN forum page currently at 6659. Coincedance ? i think not !! I sense a conspiracy behind this !! If those two numbers ever meet and shake hands i suggest you all stay away from this forum for awhile, because who knows what could happen  |
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New ASU Blockchain Lab Research Shows Dash Can Easily Scale Near PayPal Levels New research from the blockchain research laboratory at Arizona State University (ASU) shows that the Dash network can scale on-chain to over half of PayPal’s current transaction levels with ease.
The newly-released research paper, titled Block Propagation Applied to Nakamoto Networks, explores the viability of scaling the Dash network to mass levels on-chain primarily through increasing the block size. The paper specifically explores propagation techniques to minimize the orphan rate at high levels:I dont think the trolls in here liked your post, but i did .. specially this part : Paper validates on-chain scaling, shows Dash can scale to mass payment network levels
The ASU paper on Dash block propagation shows the long-term viability of an on-chain scaling approach to growing payment networks. Based on this research and preliminary investigations into future research, Dr. Tapp feels optimistic about Dash’s ability to effectively scale well beyond the 10mb block sizes researched |
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Poor trolls, still think they can influence this community by posting fud posts, when will they learn ? Its okay Icey, you can delete and repost your own post again to keep it on top.... this Dash ANN forum is just moving sooo darn fast.  Edit : oh my, it looks like Icey just found a buddy in our Dash ANN forum, good for him !! Now we dont have to worry about him being all alone in here. Just cherish and invest in that friendship Icey, like all things it needs commitment and attention. (and maybe a few more merit points ?) |
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What is Dash [DASH]? Should You Invest? (A Beginners’ Guide)https://bcfocus.com/cryptocurrency-analysis/what-is-dash-dash-should-you-invest-a-beginners-guide/17964/Edit : looks like the author made a mistake at the very start of this article : Dash(DASH) is one of the biggest technological breakthroughs of this century. Its unforeseen rise from $1,000 to $19,000 in 2017 encouraged an innovative wave of digital currencies with blockchain as their underlying technology. This should obviously have stated Bitcoin instead of Dash in this sentence. Maybe someone can contact the author to have this corrected.
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can someone say in 2 sentence, why DASH/ BTC keep Falling??? Thank you
As long as Bitcoin does not show a clear and obvious reversal from bear sentiment to bull sentiment, altcoins will feel additional sell pressure. Some coins are getting pumped right now, others are getting dumped right now. That is normal, but the overall sentiment is still bearish or in danger of turning bearish. Since Bitcoin recentely dropped from $6820 to $6717, i suspect some large traders fear an eminent further decline and are therefore selling their btc and altcoins for tether or usd. https://www.coindesk.com/bitcoin-price-constrained-below-key-resistance-at-6800/ |
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Dash drops to .035 btc??? Wtf is going on everything else is booming
Maybe its the lightning network slowly closing Dash's window of opportunity. Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price. Lightning Network is still light years away from getting fully tested and implemented in a safe way and on a large scale. LN can not guarantee low transaction fees and has difficulty with the routing of its transactions as its nodes will always need to stay online. In the end it will just lead to massive centralization thanks to how the Lightning Network works and most likely end up only handling large transactions from large institutions through preferenced LN hubs for Bitcoin. Not to mention how LN will most likely create new attack vectors by itself as a lot of value will pass through its centralized LN hubs / nodes. https://www.investopedia.com/tech/bitcoin-lightning-network-problems/https://cryptovest.com/news/the-lightning-network-poses-serious-weaknesses/Genuinely not trying to FUD just trying to share my concerns and form my own opinion on the matter through conversation, but how is that so very different from masternodes? Are they not nodes which always have to stay online, create centralization, and centralized points of attack? I don't see how LN nodes needing to stay online is a problem, since there is an in-built reward mechanism to compensate people for doing this. Centralization may be an issue for it, although I've also seen the argument that because they may require a money transmitter license and open the person running it to being responsible for what other participants are using it for there may be few large companies willing to go through the hassle and risk, leaving smaller players not worth chasing down by authorities to pick up the slack. And if it does become very centralized, its still just an extra service on top of Bitcoin and you can still use the underlying protocol when you want so maybe that's not a critical problem. Also there can be multiple LN networks so if one is un-friendly to regular people somebody will launch a new one surely? And as for points of attack, at least a node cannot steal the money being routed through it, only delay payments, so perhaps hacking is not quite such a massive issue? With Dash the blockchain is structured into tiers (miners form tier 1, masternodes form tier 2, endusers after Dash Evolution form tier 3). These tiers are all part of the same network. Masternodes are used for processing InstantSend transactions, facilitate coin mixing (PrivateSend) and can be used to vote on budget proposals. Masternodes and its quorums are selected randomly and are collaterized with a 1000 Dash per masternode. To attack the Dash masternode network the costs would be very high and the attack success rate very low due to Dash masternode collaterization and how it randomly selects its masternodes. Dash masternodes (4600 more or less) are spread all over the world and are even setup by users through joint-sharing. The Masternode Network has no problem with a hot & cold wallet setup, where the hot wallet is an empty wallet on the server side and the cold wallet contains the masternode collateral (offline). Bitcoin Lightning Network is a centralized seperate network that is not part of Bitcoin's blockchain, has a relatively small number of nodes (1000) that can easily be sybil-attacked and most importantly does not form a solution for Bitcoin's scaling problem by itself. When Bitcoin's ability to relay transactions over its LN gets hampered due to hacks or Ddos attacks or infiltration of its LN nodes, users will not just fall back to Bitcoin with its slow confirmation time and high transaction costs, they will seek other altcoins that are not hampered by such additional centralized network. Cold storage of coins is impossible on the LN, making it susceptable to theft and hacking. I think its way too premature to currently herald the Lightning Network as a solution to Bitcoin's scaling problem and it is even more premature to use it as an urgument that it makes certain altcoins obsolete. |
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Dash drops to .035 btc??? Wtf is going on everything else is booming
Maybe its the lightning network slowly closing Dash's window of opportunity. Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price. Lightning Network is still light years away from getting fully tested and implemented in a safe way and on a large scale. LN can not guarantee low transaction fees and has difficulty with the routing of its transactions as its nodes will always need to stay online. In the end it will just lead to massive centralization thanks to how the Lightning Network works and most likely end up only handling large transactions from large institutions through preferenced LN hubs for Bitcoin. Not to mention how LN will most likely create new attack vectors by itself as a lot of value will pass through its centralized LN hubs / nodes. https://www.investopedia.com/tech/bitcoin-lightning-network-problems/https://cryptovest.com/news/the-lightning-network-poses-serious-weaknesses/ |
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About Dash I hear less and less. And before they were also known as the etherium
...there is a reason for this, low on hype till everything is in order, and i for one never heard of dash being thought of as Etherium!!! In fact I've been one of longest dash holders and have never heard us being compared to ETH....thank god. Ethereum has always been a decentralized platform for using dapps / smart contracts , Dash is slowing turning into a decentralized platform for using instant transactions, privacy on its transactions and in the future data-driven services / smart contracts. In that way it can be compared to each other, but then still Ethereum is far more focussed on the development of smart contracts while Dash is far more focussed on strengthening its role as instant peer to peer transaction provider with low transaction fees. Ethereum was hit with a severe scalability problem in the past, which it is working on through certain updates but to this date its gas price model is not working efficient or effective and is vulnerable to unexspected attack vectors : https://www.coindesk.com/ethereums-growing-gas-crisis-and-whats-being-done-to-stop-it/Dash was never hit with any scalability problem and has onchain scalability in its roadmap by fully deploying and enabling its masternode network and by its use of increasingly larger blocksizes and maintaining low transaction fees. This makes Dash far more suitable as a reliable instant transaction provider. I think Dash and Ethereum serve a different role in the market, which complicate any direct comparison. |
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That's true that I can mine with linux.
However, what do you want by launching this coin without win/mac wallets and without pool?
Baddd bot |
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Compare to other pow and pos coins any uses of this coin what are the primary uses of this coin,once the distribution is continuously running there should be a good feature of this coin where they can use it I hope this is far from being a shitcoin in the future..Just asking..
Dash primary use is having optional privacy on its transactions and having instant settlement on its network. Once Dash Evolution (a very large update) is implemented later this year, additional uses / services will start to emerge on the Dash network.. |
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Holy smokes...
... If you are going to troll us you better pick up your game.... Follow Icebreakers lead... It must really suck for these trolls to know deep inside they suck so bad at trolling. Question remains : do they really know that they know? Or have they illogically convinced themselves that their trolling posts actually have a lasting effect this time around? Dash has been subject to trolling for more then three years without any impact, all it really does is strengthen this community. Could that be the real goal of these trolls : to unite the Dash community ? If so, they are doing a splendid job  |
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Good Progress please update your MN after next payment to 12.3 ! 👍  What does it mean, tungfa? Will rewards for DASH masternodes increase in the future? What did you mean by mentioning about 'update your MN'? For normal wallet users it is relatively easy to upgrade your wallet by downloading latest binary from www.dash.orgMasternode owners will have to follow a more complicated update procedure in order for them to keep their payment queue. Progress on how much of the masternode network have upgraded can be followed on certain charts, which tungfa showed in his post. Both Masternode and miner rewards are scheduled to become less over time. Since they both receive the same percentage (45% of each blockreward) they get the same blockreward reduction over time. For Dash there is an annual -7% of its block reward. Earlier this year that reduction in block rewards took place. |
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What Bitcoin blockchain weaknesses does Dash seek to overcome? How is Dash better than bitcoin?
Dash fixes : * lack of privacy (Dash offers optional privacy on transactions for a small fee) * lack of governance (Dash has a model where masternode owners have voting rights over budget proposals, its very sucessfull as model) * lack of independent budget / treasury (Dash sets 10% of each blockreward aside for its decentralized budget) * lack of instant transactions that are confirmed and locked against double spending instantly (Dash achieve this within 3 seconds through its masternode network) * lack of onchain scaling / blocksize increase (Dash already implemented 2MB blocksize increase and has a much larger blocksize planned in its roadmap) * lack of userfriendly wallets (this will be in the Dash Evolution update, which is scheduled for this year) * lack of fungibility (as everything can be traced in Bitcoin, certain Bitcoin tokens/transactions can be marked by a goverment or exchange and thereby possibly loose value, Dash fix this with its privacy usage) * lack of full nodes that are rewarded for staying online (Dash network pay masternodes 45% of each blockreward for providing 24 hr availability and also as reward for performing other services for the network) |
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First, the sample is very small to be really representative for the whole crypto population. Second, method to collect these cases are very important to avoid selection bias, systematic bias, etc. Consequently, figures in the article contains very limited value, in my opinion. Always good to have the opinion of a statistician and i think you are right. |
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