The privacy project $0xMR is a better investment imo, and it hasn't mooned yet.
Dash use cases and strong points: * Instant settlement of transactions (within a few seconds transactions go from sender to receiver, fully spendable and fully protected against double spending) * Dash network is protected against 51% attacks through ChainLocks (not even Bitcoin is fully protected against 51% attacks) * Masternode Rewards for masternode operators (currently 5.64% annual revenue, once v0.16.0.1 gets activated that % will increase over a period of 5 years) * Miners rewards for miners (once v0.16.0.1 gets activated the miners rewards will decrease over a period of 5 years) * Low Transaction Fees (average transactions fees : $0.003) * Optional privacy on transactions Once Dash Platform gets implemented on Dash Mainnet (somewhere 2021), Dash will gain additional use cases thanks to Dash Blockchain Identity, Dash Blockchain Usernames, Dash Blockchain Storage, Dash Decentralized API, Dash Data-focused Dapps and an additional revenue stream for Dash masternode operators (Dash Platform will run on a side-chain with its own fees model, those Dash Platform fees will be distributed to masternode operators). This post is to highlight that Dash has evolved from just a privacy-focused cryptocurrency (like Monero, Zcash, $0xMR) to a cryptocurrency focused on fast and secure transactions, with low fees and optional privacy and will use Dash Platform to strengthen that focus on transactions, while providing users and merchants with increased ease of use.
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Now, let's just agree to disagree. You are not going to brainwash nor hypnotize me into submission.
You do that. Meanwhile the market will continue to torture us till we wake up and understand how to adjust our value offering to give it what it wants rather than what we want for ourselves altcoins in general, until a new long term trend changes this. Fixed it for you, you are welcome. Source : messari.io Puzzling how coinmarketcap considers Theta Token not a token, but a coin. Also it looks like we have a new coin in the top 20, with a marketcap currently of $986 Million Source : https://coinmarketcap.com/coins/Source : https://gemini.com/prices/filecoinWill Filecoin file a new record, or will it get dumped even more ? I guess we will find out soon enough... ** Hot from the press **Bitcoin just dumped from $11,508 to $11,200 Which means there will be a lot of price volatility among Altcoins today. ********************************************************* Maybe this is the reason : BTC and OKB plunge after OKEx suspends withdrawals Crypto markets have been shaken after top Asian exchange OKEx suddenly suspended crypto withdrawals in order to cooperate with an investigation. Bitcoin (BTC) has fallen nearly 3% in the immediate aftermath ofthe news, while OKEx’s native token OKB has crashed 15%. Read more here : https://cointelegraph.com/news/btc-and-okb-plunge-after-okex-suspends-withdrawals
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Looks like we just passed the 1st week, according above schedule.
Don't worry. It's being priced in as we speak. I am not worried at all. Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (V16.0 Adoption) More signs of mining pools updating and signalling readiness for v0.16 I am sure this percentage will fluctuate heavily the next minutes / hours / days / weeks / months.
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Here we see the dynamic treshold percentage to lock-in the reward allocation change for miners in action (see BRR trigger) Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (V16.0 Adoption) Source : https://github.com/dashpay/dash/pull/3692Looks like we just passed the 1st week, according above schedule. That is the thing i like about pictures, they can either add value to a post if they are from a reliable source, or they can provide a post with no additional value if they have no reliable source (or lacking any source). If pictures have no value, they pretty much become just decorative pictures. Nice to look at, but nothing more.
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Looks like you and toknormal finally disagree about something :
I think I missed the part where we disagreed. What I read was toknormal elaborating on why the block reward hammers dash. Which I completely endorse. What i read was toknormal agreeing on the treshold percentage to lock-in the reward allocation change dynamic, to decrease every 4032 blocks from 80% to 60%. Lets read my original post and his reaction to my post again : With regards to miners support : I like that DCG made the treshold percentage to lock-in the reward allocation change dynamic, to decrease every 4032 blocks from 80% to 60%. This means that once we have support from 60% of the miners, we will not have to wait for a very long time on those mining pools that are slow to update. There is now a max of (approx) 10 weeks after miners signal 60% support.
With regards to masternodes support : there will need to be enough support from the masternodes (80% or 90% ?) to activate spork 21 Great !
At least it will be supported by two of the the three "M"s. I don't think it was designed for the third one anyway.
The problem is we (toknormal and i) already discussed this almost two weeks ago, you are a bit late with objecting to this 60% + 10 weeks change now. And yes, you two do seem to disagree about the treshold percentage to lock-in the reward allocation changing dynamic, to decrease every 4032 blocks from 80% to 60%.
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Do you have a link to that source ? Interesting that they already applied the change (60% / 40%), that masternode operators and miners have not even activated yet or signaled approval for. Until this gets activated by both masternode operators and miners, the blockreward re-allocation remains at 45/45/10
Masternodes : 61,9% implemented update v0.16.0.1 (need 80%) Miners : below 5% signals approval in their mined blocks (need a minimum of 60%, pref 80%)
Who decided to lower the miner approval to 60%? I dont remember voting on that. Has it always been 80% for past hardforks? What happens if not enough miners signal approval ? Source : https://blog.dash.org/updated-product-brief-dash-core-release-v0-16-0-d3debdb6242eLooks like you and toknormal finally disagree about something : With regards to miners support : I like that DCG made the treshold percentage to lock-in the reward allocation change dynamic, to decrease every 4032 blocks from 80% to 60%. This means that once we have support from 60% of the miners, we will not have to wait for a very long time on those mining pools that are slow to update. There is now a max of (approx) 10 weeks after miners signal 60% support.
With regards to masternodes support : there will need to be enough support from the masternodes (80% or 90% ?) to activate spork 21
Great ! At least it will be supported by two of the the three "M"s. I don't think it was designed for the third one anyway. I don't think we need to consult the masternode network with regards to a git pull request ( https://github.com/dashpay/dash/pull/3692), that was issued by the Dash Development Team to speed up implementation of our Dash Core Wallet updates. Anyways, this will be a lengthy process, regardless if miners need to signal 80% or 60% + 10 weeks. I am just glad there is some kind of end date now for these kind of large network updates. It somewhat reduces uncertainty about our update process. With regards to what happens if not enough miners signal approval, i suspect we will need to vote over a new decision proposal of Ryan Taylor, focused on improving Dash store of value. Percentage of miners signaling readiness for v0.16 can be found here : http://178.254.23.111/~pub/Dash/Dash_Info.html (V16.0 adoption)
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I remember the times when Dash coin traded at 0.1 BTC levels. I think that the project is being consolidated, and we will see a new development and promotion of this platform to the market. Many whales have a decent amount of Dash in their portfolios. Everything will be fine.
Yep, i agree. Everything will be fine. Only for trolls it will never be fine, they will always find something to troll about. What do you get when you have three trolls in a row ? A triple troll. What do triple trolls do really well ? They triple bump our Dash ANN thread really well. Trolls, Pwned by Dash ANN since Day 1. They just miss the intelligence to realize that. 'You can't troll somebody who doesn't see it.' - Lane Kiffin Lane does have a point, which is why i love that ignore button so much. I wonder at times how it feels like to post so many trolling posts, put so much time and effort into it, while knowing very few people in this Dash ANN will actually read their posts. It must be a very disturbing feeling for these trolls deep deep inside, to know that they matter so little in here. Until this gets activated by both masternode operators and miners, the blockreward re-allocation remains at 45/45/10...
I wrote that with a grin not to do a deadly sin but to avert banana skin trader price the future inThank you for that lovely poem. Here is a little tip for the trolls out there with the intention to further troll this Dash ANN thread, be creative and do the trolling in a poem. I may even read it out of curiosity .. or not. Don't be a boring troll, be an entertaining troll. Class dismissed !! Back to work, little trolls.
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Well at least we're making progress in the "mined coins" inverted marketcap olympics. Gained another place and consolidating the position after tentatively passing a competitor in the last 60 days. Compare with a couple of months ago. Further endorsement of the sound judgement of reducing the aggregate scarcity value in the chain which is something the market clearly doesn't value Do you have a link to that source ? Interesting that they already applied the change (60% / 40%), that masternode operators and miners have not even activated yet or signaled approval for. Until this gets activated by both masternode operators and miners, the blockreward re-allocation remains at 45/45/10 Masternodes : 61,9% implemented update v0.16.0.1 (need 80%) Miners : below 5% signals approval in their mined blocks (need a minimum of 60%, pref 80%)
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It is starting to look like Dash concluded its re-test of low (0.005312), when it reached 0.005985 last night. Source : https://cryptowat.ch/charts/BINANCE:DASH-BTC?period=1dDash currently at 0.006319 / $71.4 Lets see if the bulls are taking over now or if the bears manage to take control again.
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Agree, Dash is still undervalued but there are more reasons to look from different perspectives. Maybe the years when it was best to buy staking coins have lost the meaning for the crypto community and investors are not interested to invest in Dash. Is there even an altcoin bull run yet? Most coins are still more than 60% down when compared with 2017.
Depending on the ATH price for each altcoin, almost 95% of altcoins have lost value in the bear trend. The correlation will show us it worth investing in the new projects which have more potential to make the second wave to ATH. I'd say that 100% of altcoins lost value in the 2018-19 bear market. The question was are they in a bull market again. I think that they are not because almost none of them have recoveded more than 50% of their bear market losses. If you look at their all time charts they look like they're still in their lows. Yep, here is an overview of marketcap and % down from ATH that i made for Top 20 Crypto Coins 9 days ago : Top 20 Crypto Assets, ranked according marketcap and categoryDate : 1st of October 2020 Source : https://coinmarketcap.com/coins/https://coinmarketcap.com/tokens/https://messari.ioA lot of Altcoins seem to be in the middle of a re-test of their low. Most are 80%-95% down from ATH. Basically Dash has been sidelining since early 2020 between $60 (low) and $90 (high). The negative price volatility per month (Monthly Change %) seems to be low for Dash these days. Like many Altcoins, Dash is currently very undervalued. Maybe more undervalued then others when you understand how much development has been put into this project, even during a brutal and very long bear market. Here are 4 very short videos explaining what Dash has been working on for the last 5 years, and which is getting close to release on Dash Testnet (End of 2020) : Dash is Becoming a Cloud | Dash Platform #1https://www.youtube.com/watch?v=9WqUMrIN58QWhat is Dash Drive? | Dash Platform #2https://www.youtube.com/watch?v=14N5pnl5W0YWhat is Dash's Decentralized API? (DAPI) | Dash Platform #3https://www.youtube.com/watch?v=S0pq-qOu9cQUsernames & Dash Platform Name Service (DPNS) | Dash Platform #4https://www.youtube.com/watch?v=qQ4WikHu32EDash Platform Protocol (Final video)Video not released yet Dash Roadmaphttps://www.dash.org/roadmap/
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Hii Everyone
I have a little question .... Sorry if this sound silly but i just cant help but ask
Everyone has been talking about the much anticipated ETH 2.0 and how it will put an end to the high transaction fees which is currently one of the major problems on Ethereum blockchain.
My question now is , what happens if ETH 2.0 fails to put an end to the high fees ?? would this mean the Death or partial death of ether?
(death--no longer used) (partial death--no longer used like before)
Well, if you follow the news, the founder of Ethereum network Vitalik Buterin has clarified this thing in an interview by saying that scaling through sharding is the basic part of phase 0 of eth 2.0 which simply means that they want to resolve scalability issues first than anything else so be happy and stay positive. Actually phase 0 is PoS (Beacon Chain) and setting up validors for PoS (soft target end 2020) Sharding is planned for phase 1 & 2 (2021 / 2022, which will most likely get delayed, just like phase 0 got delayed) Source : https://consensys.net/knowledge-base/ethereum-2/faq/ETH 2.0 phase 0 will not fix the high fees problem.
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DASH / USD on Poloniex, Monthly Time IntervalSource : tradingview Lowest price : $31.37 Date : 1st of March 2020 Looks like we are sidelining for awhile now, between roughly $60 (low) and $90 (high). Dash has relatively low negative price volatility in comparison to other crypto coins (see 'Monthly Change %' : https://bitcointalk.org/index.php?topic=421615.msg55293078#msg55293078) DASH / BTC on Poloniex, Monthly Time IntervalSource : tradingview Lowest price : 0.00532587 Date : 1st of December 2019 Looks like we are doing a re-test of this price.
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Chainalysis and Texas firm win million-dollar IRS contract to crack Monerohttps://cointelegraph.com/news/chainalysis-and-texas-firm-win-million-dollar-irs-contract-to-crack-moneroOn Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.
The IRS initially publicized its quest for a privacy-busting analytics solution at the beginning of the month. An IRS representative told Cointelegraph that the agency had selected the two winning firms out of a field of 22 proposals received, though the only rationale the representative gave for the agency’s decision was “comparative analysis was used.”
Chainalysis is among the leading firms in crypto analytics and routinely wins such contracts with a range of government agencies. Integra FEC is a relatively unfamiliar name, despite millions of dollars in contracts with, for example, the Securities and Exchange Commission for “Other Scientific and Technical Consulting Services.” A bit surprising to me is that it is not CipherTrace getting the reward after all. These other two companies (Chainanalysis & Integra FEC) must have developed an even better solution to tracking Monero transactions. It could also be that one company focused on cracking Monero and the other company focused on cracking the Lightning Network. There is however one simple conclusion to draw from this news : Monero transactions are to be considered trackable and traceable from now on !!
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Chainalysis and Texas firm win million-dollar IRS contract to crack Monerohttps://cointelegraph.com/news/chainalysis-and-texas-firm-win-million-dollar-irs-contract-to-crack-moneroOn Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.
The IRS initially publicized its quest for a privacy-busting analytics solution at the beginning of the month. An IRS representative told Cointelegraph that the agency had selected the two winning firms out of a field of 22 proposals received, though the only rationale the representative gave for the agency’s decision was “comparative analysis was used.”
Chainalysis is among the leading firms in crypto analytics and routinely wins such contracts with a range of government agencies. Integra FEC is a relatively unfamiliar name, despite millions of dollars in contracts with, for example, the Securities and Exchange Commission for “Other Scientific and Technical Consulting Services.” There is one simple conclusion to draw from this : Monero transactions can now be tracked and traced !!
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I'd like to know some thoughts from the lovely minds here. Not trying to get rich quick or anything. Just curious if monero is a good buy based on the application of use preferred to being anon. I personally would only stake to eventually somehow get the nero to btc. Just kind of curious on the thoughts of folks and the coin in that sense.
Way too much heat on Monero these days and too little actual usage / transactions. https://bitinfocharts.com/comparison/transactions-ltc-bch-xmr-dash.htmlhttps://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigationshttps://cointelegraph.com/news/the-irs-offers-a-625-000-bounty-to-anyone-who-can-break-monero-and-lightningAlso with Monero their transactions have a timelock (10 confirmations i think) before getting spendable by the receiver, which means Monero is not positioned well to function as a fast way of sending & spending money. Not to mention that senders can timelock transactions at will, which means receiver at all times need to check if sender has not tempered with the timelock on their transaction (degrading the trustless nature of its blockchain) Blockchain-based Certain blockchain "features" can be considered "bugs" if misused correctly. Consequently, please consider the following:
When receiving monero, be aware that it may be locked for an arbitrary time if the sender elected to, preventing you from spending that monero until the lock time expires. You may want to hold off acting upon such a transaction until the unlock time lapses. To get a sense of that time, you can consider the remaining blocktime until unlock as seen in the show_transfers command. Source : https://github.com/monero-project/monero/blob/master/README.mdAlso keep in mind that 96,2% of Monero is already mined, which is strange as even Bitcoin is not mined that highly (88,1%) and Bitcoin is at least 5 years older then Monero. Just a very strange Monero coin emission rate schedule, seemingly focused on over-rewarding its early miners. A sign of miners centralization.
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Dash Secures Partnership with SDM to Boost Dash Liquidity Provision“SDM offering liquidity across a wide range of cryptocurrencies, stablecoins, and fiat currency trading pairs to a global user base is the kind of variety that we are looking for. Their OTC platform is plugged into the best liquidity providers in the industry and is able to supply clients with the tightest prices on large trades. SDM is active in more than 20 different countries and supports multiple currencies – such as USD, EUR, JPY, MXN, CAD, BRL, and GBP – which can now all be used to purchase DASH,” – Ryan Taylor, CEO at Dash Core Group. Read more here : https://www.coinspeaker.com/dash-secures-partnership-sdm/
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