Show Posts
Litecoin, an unoriginal bitcoin clone is almost double market cap of Dash and broke above $1 Billion. Because it activated segwit. Deary me. 
Meanwhile I haven't heard a thing from iCETEA since I countered his Litecoin versus Dash argument.
Meanwhile I haven't heard a thing from iCETEA since I countered his Litecoin versus Dash argument.
Did you know Dash was originally a botched and bungled fork of Litecoin (broken with an added "accidental" instamine "bug")?
Sorry I haven't been around to keep warning noobs that Dash is a centralized, instamined scam, but if they don't know it by now I can't really help those who refuse to learn.
Here's the point by point demolition of your flimsy attempt at defending Dash's myriad areas of inferiority as compared to Litecoin.
I'll begin by noting that since we last spoke, SEGWIT has been locked in on Litecoin and coblee has endorsed leveraging it to enable Mimblewimble, a brilliant way to manage the mempool and provide protocol+socioeconomic level fungibility.
If you don't know what all the fuss about Mimblewimble is about, read this for the background required to understand why Dash's Trusted Masternode model is vastly inferior in terms of security, scaling, and privacy:
Mimblewimble: How a Stripped-Down Version of Bitcoin Could Improve Privacy, Fungibility and Scalability All at Once
https://bitcoinmagazine.com/articles/mimblewimble-how-a-stripped-down-version-of-bitcoin-could-improve-privacy-fungibility-and-scalability-all-at-once-1471038001/
let's consider the fundamentals which differentiate Litecoin from Dash.
Litecoin is much older and has a more powerful/secure ASIC PoW network than Dash.
Litecoin is older than every coin except bitcoin that doesn't make it better. It does have a strong network, so does Dash. Monero on the other hand doesn't even have 1000 nodes.
LTC isn't the oldest altcoin (LOL, you are such a clueless noob). But being ancient compared to Dash does mean LTC enjoys more of the Lindy effect (https://en.wikipedia.org/wiki/Lindy_effect). The Dash network is not "strong" compared to LTC because the high 1000 DASH CONOP destroys its decentralization and LTC ASICs burn far more power than Dash's puny energy consumption.
Litecoin keeps up to date with hot new features like SEGWIT, while Dash can't even keep up with RBF/CPFP and breaks simple yet crucial things like IPv6 compatibility.
SEGWIT is very controversial, and in bitcoin seems a long way off being accepted. Litecoin is using this hype as fuel for a pump. IPv6 is irrelevant at this time. Other than you I haven't seen anyone else mention it.
SEGWIT has been tested for over a year and for many very good reasons enjoys support from the majority of exchanges and hardware+software wallets.
SEGWIT was "very controversial" only because you halfwit DashHoles and Gavinistas were being bamboozled by Roger Ver and Jihan Wu, because they wanted to keep secret their covert ASICboost cheating and AntBleed backdoor. You should feel like an idiot for buying into their manufactured r/btc controversy.
Litecoin is going to have working payment channels like Lightning soon, thanks to SEGWIT. That means InstantX, Masternodes, and Evolution are obsolete digital trash.
Lightning Network would be even more controversial than segwit. It will harm mining. And with huge volumes of transactions being handled off chain by Lignting Network will make the whole point of the blockchain diminish. The big money elites will be delighted to be a step closer to achieving elimination of cash replaced by electronic money in their control via lightning networks.
Lightning Network is only "controversial" because of manufactured FUD driven by Roger Ver and Jihan Wu. It's not our fault so many people are too stupid to understand that LN TX are not off-chain and best conceptualized as Layer 1.5. Dash doesn't really have a Lightning-killer; despite your wishful thinking all of Dash's supposed scaling features are still vaporware without even a peer-reviewed whitepaper to back them up.
Lightning Network is going to be tested in production on LTC, etc. before its BTC deployment, not to mention LN is only one among many schemata for implementing trustless bidirectional payment channels. Meanwhile, Dash can't even keep InstantX working on mobile and IPv6!
Litecoin's creator has DNA from MIT & Google, while Dash's has a sketchy background in finance and a 2 year mail-order degree in web marketing from University of Phoenix.
So what? Steve Jobs and Bill Gates dropped out of college. I could almost say that a degree is a hindrance. Certainly it encourages parrot like repetition of 'the mainstream' rather than original thinking.
Jobs and Gates dropped out of Reed and Harvard, not the U. of Phoenix. In no universe are coblee's MIT CS degrees a "hindrance."
Spare the rest of us your sour grapes kvetching and deflection due to Duffield and yourself not being anywhere near qualified for admission to Reed, much less Harvard or MIT.
I understand Duffield's and your own education were limited to "parrot like repetition" but please rest assured academia's many STEM departments are absolutely teeming with original thinking and mind-boggling innovations.
Litecoin's cobblee does not shill for and pump LTC; Dash's Duffield frequently advertises his project as a legitimate investment without disclosing the risks involved.
Evan is invested in the project. And wants it to succeed. Thanks to the instamine he was able to focus on it full time.
That doesn't justify Even posting trading advice like "don't short Dash today" then quickly deleting it when advised of the statement's incriminating nature. Evan is ethically and legally required to disclose the exorbitant and overwhelming risks involved with Dash investing, yet he does not. Shame on him!
Coblee obviously also wants LTC to succeed and has already enjoyed great success without needing to resort to Dash's gimmicks like a very controversial massive Instamine, shilling the coin to noob housewives and other unsophisticated retail investors, and setting up a HYIP PonziNode scheme.
Litecoin was not 20% Instamined in the first 2 days; Dash was. Litecoin never cut total emission to further enrich early miners; Dash did.
You can think of the instamine as a bit like an ICO. As already mentioned it enabled Evan to concentrate full time on the XCoin/Darkcoin/Dash project. Which we are all now benefiting from.
I cannot think of the instamine as like an ICO, because I know how ICOs work and have seen them work (thanks Viacoin!).
Comparing Dash's dishonest surprise Instamine with a pre-announced fair ICO only shows how completely you have swallowed the Evan's Gate Kool-Aid.
Dash does not benefit from its Instamine because it is defined by that unforgivable Original Sin and thus destined to be forever despised and reviled by the rest of the Bitcoin universe. Coblee had no trouble launching LTC in his spare time while working at Google and Coinbase, no Instamine required, so why couldn't Evan get a real job instead of only running his scam full-time? Lazy? Stupid? Greedy? Some combination? All three?
Litecoin does not require trusted 3rd party security holes; Dash makes SlaveNode users the playthings of Masternode Ponzi participants.
This point doesn't make sense.
The point makes sense, you just don't understand it.
Unlike Dash, Litecoin doesn't use Masternodes, which are security holes because they are trusted 3rd parties.
Fully participating in the Dash network requires 1000 coins; full participation in LTC doesn't even require one full Litecoin.
Is that better? Does the point make sense to you now?
Litecoin doesn't have to keep changing its name like a disgraced over-diluted pink sheet stock; Dash does.
Dash has evolved and its name has reflected that. Litecoin is still stuck as silver to bitcoin gold and will never be anything else. The segwit hype only proves that further.
"Evolved" is a PR spin word now famous because Clinton and Obama used to excuse their hypocrisy on gay wedding cakes and transgender bathrooms.
"Pivot" is the preferred term to indicate Dash's 180 degree reversal from DarkCoin-The-Privacy-Coin to DashCoin-The-Paypal-With-Moar-Blockchain-Coin.
FYI, Segwit is now a fact on Litecoin; it's locked in and going to activate Soon. That's not just "hype" any more, it's cold hard reality.
Litecoin is supported by Coinbase and Kraken; Dash is considered a scam and despised by most of the crypto community, and thus will never trade on those exchanges.
Those exchanges may well change their minds just as bitfinex did.
You are right for once! Kraken did, given a $50,000 bribe now worth $250,000 (LOL GRATE JOB GIZE ) "change their minds."
I doubt Coinbase will though, given coblee's antipathy for the Dash scamcoin.
Regardless, the word most associated with Dash is "Instamine" and it's not going to change. You're welcome for that.
Litecoin prioritizes technology over marketing; Dash does the opposite.
This couldn't be more wrong. Litecoin has done anything original except tweaking the bitcoin parameters? Dash has done more innovation than any other coin. The marketing is just a happy side effect of the budget system. Which is working supremely well.
Dash is a fork of Litecoin, and yet here you are biting the hand that fed you. Classy!
Dash's "innovation" is snake oil marketing, privacy theater, and good old fashioned Ponzi economics, not technology. But congratulations on the budget system seemingly producing the recent pump (which will end when Evan dumps more Instamine coins).
With segwit, Lightning, and mimblewimble, LTC will be more technologically advanced than Bitcoin; meanwhile Dash is 10s of thousands of lines of code behind the latest Core release! FAIL.
Litecoin has a bus factor >>1. Dash keeps losing devs who get wise to Evan 'The Instaminer' Scamfield's long con:
I never heard of Dash losing devs. I do notice them growing the team.
The world is not defined nor constrained by what you heard or "never heard." Keep your incredulous appeals to ignorance to yourself and learn how to use the Search box at the top of the screen. Oh who am I kidding, you will never do that. So I'll spoon feed you like a little baby.
vertoe's Dash resignation letter: https://bitcointalk.org/index.php?topic=421615.msg10925445#msg10925445
TheDashGuy's resignation letter: https://www.dash.org/forum/threads/what-the-hell-is-wrong-with-this-picture-i-thought-we-were-a-decentralized-project.9229/
Litecoin is much older and has a more powerful/secure ASIC PoW network than Dash.
Litecoin is older than every coin except bitcoin that doesn't make it better. It does have a strong network, so does Dash. Monero on the other hand doesn't even have 1000 nodes.
LTC isn't the oldest altcoin (LOL, you are such a clueless noob). But being ancient compared to Dash does mean LTC enjoys more of the Lindy effect (https://en.wikipedia.org/wiki/Lindy_effect). The Dash network is not "strong" compared to LTC because the high 1000 DASH CONOP destroys its decentralization and LTC ASICs burn far more power than Dash's puny energy consumption.
Litecoin keeps up to date with hot new features like SEGWIT, while Dash can't even keep up with RBF/CPFP and breaks simple yet crucial things like IPv6 compatibility.
SEGWIT is very controversial, and in bitcoin seems a long way off being accepted. Litecoin is using this hype as fuel for a pump. IPv6 is irrelevant at this time. Other than you I haven't seen anyone else mention it.
SEGWIT has been tested for over a year and for many very good reasons enjoys support from the majority of exchanges and hardware+software wallets.
SEGWIT was "very controversial" only because you halfwit DashHoles and Gavinistas were being bamboozled by Roger Ver and Jihan Wu, because they wanted to keep secret their covert ASICboost cheating and AntBleed backdoor. You should feel like an idiot for buying into their manufactured r/btc controversy.
Litecoin is going to have working payment channels like Lightning soon, thanks to SEGWIT. That means InstantX, Masternodes, and Evolution are obsolete digital trash.
Lightning Network would be even more controversial than segwit. It will harm mining. And with huge volumes of transactions being handled off chain by Lignting Network will make the whole point of the blockchain diminish. The big money elites will be delighted to be a step closer to achieving elimination of cash replaced by electronic money in their control via lightning networks.
Lightning Network is only "controversial" because of manufactured FUD driven by Roger Ver and Jihan Wu. It's not our fault so many people are too stupid to understand that LN TX are not off-chain and best conceptualized as Layer 1.5. Dash doesn't really have a Lightning-killer; despite your wishful thinking all of Dash's supposed scaling features are still vaporware without even a peer-reviewed whitepaper to back them up.
Lightning Network is going to be tested in production on LTC, etc. before its BTC deployment, not to mention LN is only one among many schemata for implementing trustless bidirectional payment channels. Meanwhile, Dash can't even keep InstantX working on mobile and IPv6!
Litecoin's creator has DNA from MIT & Google, while Dash's has a sketchy background in finance and a 2 year mail-order degree in web marketing from University of Phoenix.
So what? Steve Jobs and Bill Gates dropped out of college. I could almost say that a degree is a hindrance. Certainly it encourages parrot like repetition of 'the mainstream' rather than original thinking. Jobs and Gates dropped out of Reed and Harvard, not the U. of Phoenix. In no universe are coblee's MIT CS degrees a "hindrance."
Spare the rest of us your sour grapes kvetching and deflection due to Duffield and yourself not being anywhere near qualified for admission to Reed, much less Harvard or MIT.
I understand Duffield's and your own education were limited to "parrot like repetition" but please rest assured academia's many STEM departments are absolutely teeming with original thinking and mind-boggling innovations.
Litecoin's cobblee does not shill for and pump LTC; Dash's Duffield frequently advertises his project as a legitimate investment without disclosing the risks involved.
Evan is invested in the project. And wants it to succeed. Thanks to the instamine he was able to focus on it full time.
That doesn't justify Even posting trading advice like "don't short Dash today" then quickly deleting it when advised of the statement's incriminating nature. Evan is ethically and legally required to disclose the exorbitant and overwhelming risks involved with Dash investing, yet he does not. Shame on him!
Coblee obviously also wants LTC to succeed and has already enjoyed great success without needing to resort to Dash's gimmicks like a very controversial massive Instamine, shilling the coin to noob housewives and other unsophisticated retail investors, and setting up a HYIP PonziNode scheme.
Litecoin was not 20% Instamined in the first 2 days; Dash was. Litecoin never cut total emission to further enrich early miners; Dash did.
You can think of the instamine as a bit like an ICO. As already mentioned it enabled Evan to concentrate full time on the XCoin/Darkcoin/Dash project. Which we are all now benefiting from.
I cannot think of the instamine as like an ICO, because I know how ICOs work and have seen them work (thanks Viacoin!).
Comparing Dash's dishonest surprise Instamine with a pre-announced fair ICO only shows how completely you have swallowed the Evan's Gate Kool-Aid.
Dash does not benefit from its Instamine because it is defined by that unforgivable Original Sin and thus destined to be forever despised and reviled by the rest of the Bitcoin universe. Coblee had no trouble launching LTC in his spare time while working at Google and Coinbase, no Instamine required, so why couldn't Evan get a real job instead of only running his scam full-time? Lazy? Stupid? Greedy? Some combination? All three?
Litecoin does not require trusted 3rd party security holes; Dash makes SlaveNode users the playthings of Masternode Ponzi participants.
This point doesn't make sense.
The point makes sense, you just don't understand it.
Unlike Dash, Litecoin doesn't use Masternodes, which are security holes because they are trusted 3rd parties.
Fully participating in the Dash network requires 1000 coins; full participation in LTC doesn't even require one full Litecoin.
Is that better? Does the point make sense to you now?
Litecoin doesn't have to keep changing its name like a disgraced over-diluted pink sheet stock; Dash does.
Dash has evolved and its name has reflected that. Litecoin is still stuck as silver to bitcoin gold and will never be anything else. The segwit hype only proves that further.
"Evolved" is a PR spin word now famous because Clinton and Obama used to excuse their hypocrisy on gay wedding cakes and transgender bathrooms.
"Pivot" is the preferred term to indicate Dash's 180 degree reversal from DarkCoin-The-Privacy-Coin to DashCoin-The-Paypal-With-Moar-Blockchain-Coin.
FYI, Segwit is now a fact on Litecoin; it's locked in and going to activate Soon. That's not just "hype" any more, it's cold hard reality.
Litecoin is supported by Coinbase and Kraken; Dash is considered a scam and despised by most of the crypto community, and thus will never trade on those exchanges.
Those exchanges may well change their minds just as bitfinex did.
You are right for once! Kraken did, given a $50,000 bribe now worth $250,000 (LOL GRATE JOB GIZE
) "change their minds."I doubt Coinbase will though, given coblee's antipathy for the Dash scamcoin.
Regardless, the word most associated with Dash is "Instamine" and it's not going to change. You're welcome for that.
Litecoin prioritizes technology over marketing; Dash does the opposite.
This couldn't be more wrong. Litecoin has done anything original except tweaking the bitcoin parameters? Dash has done more innovation than any other coin. The marketing is just a happy side effect of the budget system. Which is working supremely well.
Dash is a fork of Litecoin, and yet here you are biting the hand that fed you. Classy!
Dash's "innovation" is snake oil marketing, privacy theater, and good old fashioned Ponzi economics, not technology. But congratulations on the budget system seemingly producing the recent pump (which will end when Evan dumps more Instamine coins).
With segwit, Lightning, and mimblewimble, LTC will be more technologically advanced than Bitcoin; meanwhile Dash is 10s of thousands of lines of code behind the latest Core release! FAIL.
Litecoin has a bus factor >>1. Dash keeps losing devs who get wise to Evan 'The Instaminer' Scamfield's long con:
I never heard of Dash losing devs. I do notice them growing the team.
The world is not defined nor constrained by what you heard or "never heard." Keep your incredulous appeals to ignorance to yourself and learn how to use the Search box at the top of the screen. Oh who am I kidding, you will never do that. So I'll spoon feed you like a little baby.
vertoe's Dash resignation letter: https://bitcointalk.org/index.php?topic=421615.msg10925445#msg10925445
TheDashGuy's resignation letter: https://www.dash.org/forum/threads/what-the-hell-is-wrong-with-this-picture-i-thought-we-were-a-decentralized-project.9229/
Last week at Coinbase gmax gave a talk on Confidential Transactions which covered the various privacy-enhancing techniques used by different coins.
Here's what the world-class cryptographic expert had to say about Dash.
Quote from: Greg Maxwell, 28 April 2017
https://youtu.be/LHPYNZ8i1cU?t=34m11s
"Dash isn't cryptographically private AT ALL."
"Actually I had a slide in the deck that was like 'DASH...LOL' and nothing else..."
[*room explodes in loud spontaneous laughter, confirming that Dash is considered a joke and used as a punchline by the community, which has zero respect for it*]
"...it's SNAKE OIL, right? And I'm just sort of beside myself about it, personally."
[*nervous laughter, uncomfortable coughing*]
"What Dash has is a system that's like Coinjoin, but you don't need a new cryptocurrency for Coinjoin and they nominate nodes based on proof of stake to be Coinjoin masters and they've done this INSECURELY many times in the past so I have no clue if the current version is secure or not."
"It's not really on the same level as something like Zcash or Monero. Maybe it's better than doing nothing? I don't know."
[*even more laughter at Dash's expense, as it the bottomless depth of the crowd's contempt for Evan's Instamined scamcoin becomes clear*]
"Yah. I dunno lol.
"
none of you fascists get to dictate how far people have to "integrate" to live in your borders 
