Digital Currency Looks to Solve Cannabis Industry’s Cash Problem https://cointelegraph.com/news/digital-currency-looks-to-solve-cannabis-industrys-cash-problemSeeing an opportunity to gain access to a $6.7 bln market, the digital currency Dash partnered with Alt Thirty Six in April 2017. The Dash network, through its decentralized self-funding mechanism, is paying the company $496,000 to integrate Dash as a payment option in the cannabis industry’s point of sale (POS) systems. The vendor also has skin in the game, having spent nearly $700,000 of their own money developing the POS platform.
As part of this arrangement, Dash will be the only digital currency offered by the point of sale platform. According to the budget proposal submitted to the Dash network:
“We have three major verticals identified and solidified reseller partnerships that will adopt the Alt Thirty Six + Dash payment solutions:
Independent Software Vendors (ISV) – Music & celebrity apparel company (100+ online stores), online marketing automation partner (600+ clients), and more. Value Added Reseller (VAR) –IBM, Sirius Computer Solutions, Industry Specific point-of-sale (POS) Partners Ecommerce Retailers – Sirius Computer Solutions” The vendor has been making monthly progress reports to the Dash community and work continues apace. The platform’s initial release is scheduled for December of this year. Updates can be found here : https://www.dash.org/forum/threads/alt-thirty-six-dash-platform-project-updates-june-july-aug-sept-oct-nov-dec.15244/
|
|
|
Is information about progress on evolution available somewhere ?
So far i know Dash Evolution V1 is still scheduled for this summer. The Dashpay wallet is worked on seperately, and should be launched soon(ish) I think the order of release will be : * v0.12.3 for the Dash core wallet (full blockchain needed) * DashPay wallet (light spv wallet, no full blockchain needed) * Dash Evolution V1 (Decentralized API, DashDrive implementation, userfriendly wallet, integration with phone apps, no full blockchain needed) They are working on updating the roadmap to better reflect this, once we have an updated roadmap things should become more clear. The current (outdated) roadmap version 2.2 can be found here : https://github.com/dashpay/dash-roadmap
|
|
|
It is already taking a long time for Mr Icebreaker to come and celebrate that Monero has overtaken Dash in Coinmarketcap.
Congratulations to Dash masternode holders, new ATH
Why is more locked away coins ( over 50%!) a celebration? it demonstrates the confidence of the holders, and strengthens the network. Everything is being prepared perfectly for the moment in which evolution becomes a reality. A currency that accumulates to obtain future returns shows that its growth expectations are enormous. No other currency can say the same. It could also soften the price fluctuations somewhat, making easier for Dash to function as a useable (crypto) currency for merchants and users. Also the combined masternode collateral (over 50% of circulating supply) is not exactly locked away as farfiman mentions, it should be seen as "reserved" which at any time can get transferred to an exchange to be sold. Of course the rewards that masternode owners get from running a masternode (8.15% Dash annual), provides a strong motivation to just hold them. And last but not least : an increase in the number of active masternodes = an increase in longterm investors
|
|
|
Hello new ATH : Do i dare predict 5000 active masternodes at the end of this year ?
|
|
|
Dash only grows. I invested some of my investment in Dash, the second part of the Safinus project. I also want to buy bitcoin
Does that mean you invested in Dash through the Safinus project ? And if so are you in full control over your Dash tokens ? Or are the Dash tokens (private keys) in control by a third party ? (a portfolio manager for example ?). Personally i would be carefull with projects, which do not let investors have full control over their cryptocurrencies......
|
|
|
Both men also emphasised that no cryptocurrency is inherently criminal, but are tools which can be used for ill, and these three seem especially prone to it. And the endless battle for privacy continues, a battle fought over a number of battlefields at the same time. This specific battlefield is focussed on users wanting privacy on their digital transactions in a digital era, another battlefield for example is users wanting privacy on their phones and in their apps through encryption. Privacy will always clash with those that try to diminish it or want to control it.
|
|
|
Dash aims to be the cryptocurrency that works like real money https://www.euromoney.com/article/b1735kh9l92byw/dash-aims-to-be-the-cryptocurrency-that-works-like-real-moneyThis article also reveals additional info on Dash Evolution usage (at least it is additional info to me) : A buyer will land on the checkout page and see the ‘pay with Dash’ button. He or she enters their username and their phone buzzes with a request asking for a Dash payment authorization. You authorize it with your thumb on the phone. This vastly reduces fraud for buyers This shows a strong connection between Dash Evolution and mobile phones, specially with regards to authentication. I think it can be viewed as some form of Google Authenticator tool, build in future Dash apps on Android and iOS operating systems. Security-wise a good direction.
|
|
|
What crypto has done for me! It opened my eyes
|
|
|
Dash premined and centralized from the begining. Was pumped after news about new asics for him. With their money they could spend more money for marketing. PiVx if I remember right was dash fork and imho also have no future in long-term. Verge was pumped and overpriced now. I love zcash ) Buy in the bottom put x2 sell order and wait) sometimes it pumped) But if znark tech will be implemented in eth blockchain as it was promised it will kill almost all this coins.
DASH is indeed semi-centralized, PIVX should have future, I think part of the block rewards go to the devs for development. Verge is really crap imho, Zcash also weird and not stable. Problem with Vit83 statement is of course that Dash was never premined, which indicates that he either : A : does not know what a premine is B : knows what premine is and just lies about it anyways with regards to Dash For those that want to know more about Dash early history : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+ClarificationI disagree about the semi-centralized or centralized argument with regards to Dash, it seems to be used more and more as the main reason to object to Dash : we cant find anything really solid to use against Dash so lets just use centralization to attack it with.... and ignore the fact that Dash is by far the most decentralized project out there, due to its DAO (Decentralized Autonomous Organisation) setup and its decentralized governance and budget system.
|
|
|
Hello,
Can you please confirm how many Dash tokens are in circulation now? And what is total supply?
Can I rely on CMC stats? They are often different to official stats. Can admin please confirm?
Also, have Dash ever had ICO?
Many thanks, Pete
Circulating supply on coinmarketcap is correct, although the Masternode Network holds more then 50% of that circulating supply as collateral. Circulating Supply : 7.9 million Dash according coinmarketcap Masternode Network Combined Collateral (of above stated circulating supply) : 4.7 million Dash (number of masternodes : 4,709 x 1000 Dash) Total Supply : https://dashpay.atlassian.net/wiki/spaces/DOC/pages/134414366/Emission+rateTotal coin emission Bitcoin's total coin emission can be calculated as the sum of a geometric series, with the total emission approaching (but never reaching) 21,000,000 BTC. This will continue until 2140, but the mining reward reduces so quickly that 99% of all bitcoin will be in circulation by 2036, and 99.9% by 2048.
Dash's total coin emission is also the sum of a geometric series, but the ultimate total coin emission is uncertain because it cannot be known how much of the 10% block reward reserved for budget proposals will actually be allocated, since this depends on future voting behavior. Dash will continue to emit coins for approximately 192 years before a full year of mining creates less than 1 DASH. After 2209 only 14 more dash will be created. The last dash will take 231 years to be generated, starting in 2246 and ending when emission completely stops in 2477. Based on these numbers, a maximum and minimum possible coin supply in the year 2254 can be calculated to be between:
17,742,696 DASH Assuming zero treasury allocation 18,921,005 DASH Assuming full treasury allocation With regards to ICO, Dash never had an ICO (it was created in jan 2014 as a normal Proof of Work cryptocurrency, before the whole ICO circus arrived). Dash does have an instamine history that people new to Dash should be aware of (most people are aware of this) : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification
|
|
|
I hope that Coinbase will add Dash soon, with Coinbase comes GDAX and those two combined could have a big impact on Dash traded volume. Edit : with soon i mean after Coinbase fixes their whole repeated-charges mess....
|
|
|
Dash is slowly climbing the ranks again on coinmarketcap, currently Dash is at number 10.
|
|
|
as I saw on masternode.pro that fee to run master node too expensive, and profit is so little. ( why DASH still has so much nodes? didn't use this coin before, but saw it through a advertising on youtube that they got the biggest nodes network. this got potential but ya, ... this might be at the top right now Syscoin will probably be the next coin with the highest liquidity to roi ratio of any masternode coin. Ive also coded up a seniority system which increases roi based on how long you bond your coins and also split network fees in half with masternodes (dash gives them to miners alone). Whatever udjinm6 comes up with next i think we should work together to solve i feel it will serve the interest of crypto in general to do so. I have lots of ideas how to leverage L2 to help with scaling blockchain to enterprise levels. In fact im going to talk about this exact thing at polycon18 end of this month. If you feel a need to promote other cryptocurrencies on our Dash forum, then please do it in the right place --> https://www.dash.org/forum/topic/alternative-currencies.12/
|
|
|
Am sure this has been answered several time, but for those of us that just got into the dash spirit, could someone tell me when evolution will be released?
summer 2018
|
|
|
"DashPay Evolution Wallet Livenet Release (February 2018)"
tell me, this wallet is an important event, or is it just a wallet and not more?
DashPay Evolution wallet was initially intended to have Dash Evolution build upon, but developing Dash Evolution with the DashPay wallet at its base gave too many problems for the developers. So they split it up with one team developing the DashPay wallet and another team developing Dash Evolution (which will be based more on the phone apps from Android and iOS i think) DashPay wallet will still be important, as it is the first fully supported Dash lightweight SPV wallet (which means you dont have to download the whole blockchain). Link : https://bitcoin.org/en/glossary/simplified-payment-verificationPlease correct me if necessary ... anyone Edit : the current roadmap of Dash ( https://github.com/dashpay/dash-roadmap) is getting updated and should be done in a couple of weeks. Once it is updated, it should make things more clear and the roadmap itself will then be far more dynamic.
|
|
|
Will this Jesus coin get crucified ? And if it gets crucified, will it get resurrected ?
Stay tuned...
|
|
|
The original cryptocurrency that introduced POS (Proof of Service) and Masternodes : Dash Unless you mean proof of stake ?
|
|
|
|