why some people say dash is a scam? why people say that? can someone tell me whats wrong with dash? dont want to read over 6000 pages  This video, made by a former Dash supporter after he discovered the Instamine, covers almost all aspects of Dash's scamming. Thanks for the link. That's a great introduction to Dash! Hilarious, good fun. I could easily spend all day watching Tone and Fluffy yuk it up.  Tone does a very good job covering many aspects of Dash's premeditated investment fraud, centralization, ignoble scumbag origins, questionable governance, technological shortcomings, current failures, and irrational future expectations. Tone Vays used to be a vocal fan of Dash. In fact, Dash was the *only* altcoin he liked (being a Bitcoin maximalist supremacist). Then Tone discovered the truth about Dash's indefensible, scummy Instamine and trusted third party Masternode security holes. This tweetstorm updates our Dash scam analysis in light of the current pump. Plenty of people did their own research and concluded there is something wrong with Dash's Instamine. Plenty of people did their own research and concluded there is something wrong with Dash's Masternode HYIP (aka Ponzi scheme). Plenty of people did their own research and concluded there is something wrong with Dash's centralized governance and development. Plenty of people did their own research and concluded there is something wrong with Dash's being pumped despite having no actual use. For example: https://twitter.com/ARKblockchain/status/834843279145435137     Conclusion:  |
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Any word on how the Masternode Blinding is going?
next, next version. Still in the developer oven. git blame v0.11.2.13 src/darksend.cpp | grep blind
79e50f81 (Evan Duffield 2015-03-20 08:47:19 -0700 648) //automatically downgrade for 11.2, blinding will be supported in 11.3/12.0
Is this masternode blinding explained technically anywhere?
I don't have a link off-hand, but the gist of it is inputs are forwarded by randomly selected (by the wallet) masternodes to the currently active masternode. Therefore the active masternode can't correlate inputs to ip addresses. Visual depiction of Dash developer oven:  Masternode Blinding has been "in the developer oven" for nearly 3 years now. If it's still half-baked after so much time, perhaps Dash needs developers who are less incompetent and don't repeatedly preannounce features that never materialize. We've yet to see even a whitepaper describing Masternode blinding, much less working code. |
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 Masternode blinding is on the list, certainly not forgotten.
I2P is certainly not forgotten. Looking back from nearly 3 years later, it's safe to say these features have indeed been forgotten. You have no credibility left to say otherwise, having promised but failed to include them in v12 and then again in v13. All you have are grandiose claims about some Top Secret new vaporware, which is supposedly ready but has yet to be described in a whitepaper, peer reviewed, and implemented. |
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So masternode blinding is the one thing you are missing from the coin you love so much and you are angry it's not implemented yet.
Dash v13 will have a different type of blinding. I've reinvented the way it works and it's a million times better, literally. It's going to be really slick. No masternode blinding. No IP obfuscation. Where is the whitepaper/peer review for the "reinvented, literally million times better" blinding? Where is the "really slick" code? Github or it didn't happen. |
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 Masternode blinding is still in the pipeline for Dash and will be even better than previously thought
Masternode blinding and IP obfuscation were supposedly ("in fact") working "brilliantly" and ready to implement over 2 years ago. Graphic representation of Dash's pipeline:  Is there a problem with your pipeline? You should make sure the "complete success" technology isn't getting stuck behind marketing garbage. |
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I'm involved in a discussion over on another thread where a Monero guy is possiting that Darkcoin is "Architecturally Flawed" due to the masternode architecture. I've already posted quite a long response and he has come back with a whole load of cryptographic waffle which I haven't got time right now to respond to. Could someone who knows what they're talking about have a look at this...... 1. We don't even need an attacker with the NSA's scope. Law enforcement like the FBI can easily get the legal right to wiretap masternodes. Many of these masternodes run on virtualised machines, which means the hosting provider can snoop the OS status and memory. Virtually all of them could be under the purview of LEA, and thus long-term monitoring would be invisible. 2. Over and above that, there's massive incentive for masternode operators to make extra money by selling access to their logs. Not every operator is a rational actor, not every operator is a libertarian. 3. As long as operators earn based on what they process there will be an incentive for masternode operators to attack each other. This is a classic case of Prisoner's Dilemma. The most concerning is 3, as there really is little that can be done to fix that. You can't evenly split rewards, as then there's no longer an incentive for a masternode to be honest (not that there's much incentive for that right now). When this has been mentioned before the knee-jerk reaction is "they'll never do that!" However, one need only take a look at how Bitcoin mining pools operate to see that this is a very real problem. Two references that make for good reading are: Ittay Eyal's "The Miner's Dilemma", and the paper "When Bitcoin Mining Pools Run Dry" by Aron Laszka et. al. This is, of course, quite a well-known issue amongst those in the know: 1, 2, 3most of the issues fluffy brings up are known and in fact already have a solution waiting to be implemented.
the new masternode blinding thing evan is working on along with ip obfuscation takes care of most of the issues he drones on about. fluffypony can ramble on until he is blue in the face but the market has spoken and the debate is all but settled, instantX will be the final nail in the coffin. "In fact?" Really? It's been more than 2 years since your post. You don't get to claim as factual vaporware that is years overdue. Where is the Masternode blinding and IP obfuscation that Evan was supposedly working on for the last 28 months? Since Evan's supposed "solution" is still (in March 2017) "waiting to be implemented" we must conclude most of the issues fluffy brought up are still outstanding and unresolved. Not sure what "the market" has to do with security issues. Does a price spike somehow magically fix Dash's security issues even without Masternode blinding and IP obfuscation? Or does a price spike compound Dash's security issues because of the greater incentive for attackers to exploit those issues?  Monero is losing the battle icebreaker, take it and let the price speaks for itself. I've just sent Dash transaction to an exchange and was pretty quick. You'd be left behind Spoetnik already jumped in and supported DASH. Forget about glory or whatever you may call it, its winning that matters lol "The price speaks for itself" but it has nothing to do with security issues. "The price" does not somehow magically fix the Dash security issues resuling from the 2+ year long delay of Masternode blinding and IP obfuscation. |
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The problem with this analysis is that it is too myopic and loaded to be instructive about how either of these technologies (DRK / Cryptonote) will play out ultimately.
There are loads of modern day services that the NSA can theoretically "snoop" which don't detract from their practical or market value. The best you can say is that there is unlikely to be any anonymous technology which is guaranteed 100% to be "unstoppable" - neither the cryptonote approach or the 2-tier one.
But that's not the point anyway. Most people are not terrorists on the run from the NSA. The NSA are unlikely to be spending zillions of dollars on capturing masternode logs (because they'd need EVERY last one - ALL of them to have a remote chance) and then another few million plus several weeks pouring over them attempting to trace a solitary few transactions.
Even if that were theoretically possible (which I don't accept it is) it's well beyond a practical level of financial privacy which is what the goal is here.
You seem to entirely miss my point. 1. Gaming masternodes is, in fact, within the reach of an ordinary script kiddy or an MNC. Besides the obvious risk of masternodes being taken offline by a DDoS, there is absolutely no chance that even the bulk of the operators are getting security right. 2. You don't need to be a terrorist or have the NSA after you. Agencies like the FBI, Europol, Scotland Yard, or Interpol will have no problem gaining access to masternodes completely surreptitiously. Operational security and netsec are laborious and ongoing procedures. It requires an incredible amount of effort just to keep a small infrastructure set secure. My maintenance window to patch all glibc-bug affected components on 3 servers yesterday was ~12 hours - how many masternode operators do you know that took their servers offline for hours yesterday to make sure there were no glibc-statically-compiled nigglies lying around? In fact, I picked DRK *because* of its 2-tier approach, not in spite of it. Once you accept that both technologies work "within a reasonable level of practical anonymity" then practical considerations have far more impact on value than the thinking up of hypothetical vulnerabilities.
This is where DRK scores many more points than Monero and is the reason why it's maintained and grown its 5x marketcap lead.
Monero offers actual privacy, with completely optional per-transaction or per-account transparency. Darkcoin offers obfuscation. Those are two different things. Firstly, redundancy. Whatever disparities exist between the quality of the 2 anonymity algos, these are blown away by the fact that Darkcoin supports a pre-emptive, multiple redundancy approach to anonymisation. Cryptonote has 1 shot at it and has to work EVERY TIME. That means that you've no way of mitigating the effect of statistics as time goes on. The Darkcoin methodology is consistent with, say, painting a room where you use 16 thin coats rather than 1 thick one that leaves blank patches. This is both a huge security advantage and a practical advantage because at the point of use, Darkcoin can work like any other currency and doesn't need any exceptions to regular APIs which support it.
There is so much wrong with this I don't even know where to begin. First off: CryptoNote does have redundancy. If all our current knowledge of cryptography is somehow broken and there is a way to crack stealth addresses...well that's ok, you still have ring signatures to protect you. Secondly: layering complexity has never proven to be an effective approach to cryptographic security. To use your paint analogy:all that someone needs to do is strip away the base coat, and the other 15 are pointless. When you have interdependence (as you do with Darkcoin's various "methods") you're not creating redundancy, you're creating failure points. Secondly, the 2-tier approach leads to a far more productive and secure development cycle because the legacy API layer that's compatible with the Bitcoin retail interface can be supported independently of changes to the anonymisation algos. We've already seen this where Darkcoin went from realtime anonymisation at the point of use (like Monero) to pre-emptive - a huge revision to the philosophy - with no disruption at all to the retail interface.
I fail to see how Monero couldn't change or improve its underlying privacy without touching the API? The JSON RPC API has nothing to do with the DH key exchange or ring signatures or anything. Also, Monero's "realtime anonymisation" uses the entire blockchain as a source to mix with. Every previous transaction is a candidate! Thirdly - Darkcoin is fully compatible with Bitcoin. It basically IS bitcoin and can be deployed with most bitcoin infrastructure. This was a design priority right from the start and has been maintained ever since. Again, this is only possible due to the 2-tier architecture.
Oh good, then you recognise that it has exactly the same block size scalability issues as Bitcoin. Monero's dynamic block sizing, on the other hand, does not have that problem. Fourthly - the flexibility that Darkcoin's architecture brings in terms of design options is immense compared to a coin who's transmission and anonymising properties are so inflexibly coupled into a single lump of code.
Ah I see what this conversation is. You're talking about the extended object-oriented instruction set of the optimised non-volatile adapter. We should consider synergies between the fully-configurable discrete structure and the assimilated dedicated hardware of the right-sized eco-centric framework. That way we can bring about managed neutral artificial intelligence all while streamlining customer loyalty in a reactive coherent installation. I do agree we need a paradigm-shift for an object-based reciprocal approach to work in the context of a persistent national data-warehouse, but should our focus not be on creating automated modular installation systems that interoperate with fully-configurable intangible projections? Ultimately this comes down to a discussion of which multi-tiered scalable open architecture has a better decentralised heuristic portal, and that, really, is all about their respective ameliorated background flexibility. So I don't remotely agree with you that this represents a "Broken Architecture". That's the kind of antagonistic, emotive language that people use when they have an axe to grind and want to appeal to an audience who don't have the technical depth to make a proper appraisal of the criticism. If you really want to have it taken seriously then put your point to the Darkcoin development team and have them post an appropriate response.
Your flowery words don't change the fact that Darkcoin is a laughing stock among serious cryptographers. You're conflating me calling-a-spade-a-spade with some sort of personal vendetta. I don't care if Darkcoin succeeds or fails - if it succeeds it will only serve to validate Monero's use-case, and if it fails it won't be because of a lack of desire for transactional privacy. I do find it unconscionable that the fundamentally flawed architecture hasn't been abandoned, but I guess that's what you get when developers with no clue about cryptography try and invent a cryptographically sound system. As for your Prisoner's Dilemma, that again is another piece of highly selective theorising. In fact the evidence in no way, shape or form supports your contention that it applies in this case. As you probably already know, there are few cases in any crypto-community of such high levels of constructive co-operation amongst peers. Masternode holders are not in "competition" with each other - they all share equally in a portion of the mining supply. Yes - their share goes up as the masternode population reduces, but it doesn't automatically follow that they'll start carrying out suicidal attacks on their own cryptocurrency network just to garner some hundredth of a percentage more yield. The loss in terms of market value from such behaviour would infinitely offset any marginal gain in coin share.
The "loss in terms of market value" is precisely why its a Prisoner's Dilemma. I suggest you study game theory if you want to get into that discussion. Nonetheless, I linked to two papers that show how Bitcoin mining pools attack each other for the same reason. Have we not already seen the major damage done to Bitcoin when a mining pool approached the 50% mark? It is absolutely against the collective good for mining pools to be combative, and yet that is precisely what we are seeing. Your argument that they are currently "constructively cooperating" is also laughable - it's just like with every major scam, there's always that person that gets interviewed that says: "but he was such a nice guy, I can't believe he would just steal from us!" Cooperating when the spoils are relatively worthless is inconsequential, true nature only reveals itself much later on. But I guess, again, this is the difference between a fundamentally flawed architecture created by a developer and something created by an actual cryptographer. Do you know what the Longest Chain Rule is and why it was such an important creation of Satoshi's? Basically, in Bitcoin (as in Monero) there is not "one true chain", there are many chains. A node has to choose which one it deems to be the main one, and it does this by following the longest chain, all while still keeping the alternate chains. In the event an alternate chain develops that is longer (ie. more work, hence Proof of Work) then a blockchain reorganisation occurs, leading to that alternate chain being swapped in as the main one. Eventually dead alternate chains are orphaned and can be abandoned. The reason this is critical, cryptographically speaking, is that it allows a Bitcoin node to assume that nearly all the nodes it is connected to are bad. Bitcoin and Monero start with the assumption that 99% of the actors in the system are trying to lie and cheat, and systems are developed accordingly. The only time a Bitcoin or Monero node will be unable to find the only true peer (and subsequently blacklist all the other false peers) is if it is completely segregated and isolated (in which case you're screwed no matter what you use). There's no need for "constructive cooperation" in a trustless consensus system. Ask yourself: can Darkcoin's anonymity function if 99% of the masternodes are bad actors? So the phrase "architecturally broken" is unjustified and I hereby request that the OP remove it from the citation at the start of the thread. Some of your points may be fair in the context of "vulnerabilities" but all advanced technologies have those. It's not a question of possessing or not posessing vulnerabilities, it's a question of what has the optimal balance of vulnerabilities against practical advantages.
Read the #bitcoin-wizards comments I linked to. This is not the opinion of one person, it's a common view among those who have enough knowledge to have an opinion. Here's one for Monero which I won't do it the injustice of calling it "broken", simply a "vulnerability"....
.....if Darkcoin's algo ever gets "hacked", i.e. if a successful trace back to a sender of an anonymised transaction occurs, then only that one transaction is affected. The rest of the entire blockchain history is still safe.
On the other hand, if a solution is ever found for cryptonote encryption algorithm then the ENTIRE BLOCKCHAIN can be sprung with that one can opener. Cryptonote is therefore a timebomb. Your transaction might be anonymous today but not in 5 years time.
Be careful what you refer to as "architecturally broken".
If the cryptography behind ring signatures are cracked then everything using Schnorr signatures or EdDSA is in trouble. The same cryptography that protects Monero ( Ed25519) is used by: OpenSSH, I2P, GnuPG, Google End-To-End, Core Secret for iOS, and mcrypt. So yes, if Ed25519 is broken then Monero would have to rely on stealth addresses for protection. But hey, in that event all the masternodes could be accessed, as OpenSSH would be broken too:) Quoting for truth this Epic Domination Post by Fluffy. In light of Dash's current pump, it's important for noobs get this information to counter their FOMO. *CASTS THREAD NECROMANCY* |
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I'm involved in a discussion over on another thread where a Monero guy is possiting that Darkcoin is "Architecturally Flawed" due to the masternode architecture. I've already posted quite a long response and he has come back with a whole load of cryptographic waffle which I haven't got time right now to respond to. Could someone who knows what they're talking about have a look at this...... 1. We don't even need an attacker with the NSA's scope. Law enforcement like the FBI can easily get the legal right to wiretap masternodes. Many of these masternodes run on virtualised machines, which means the hosting provider can snoop the OS status and memory. Virtually all of them could be under the purview of LEA, and thus long-term monitoring would be invisible. 2. Over and above that, there's massive incentive for masternode operators to make extra money by selling access to their logs. Not every operator is a rational actor, not every operator is a libertarian. 3. As long as operators earn based on what they process there will be an incentive for masternode operators to attack each other. This is a classic case of Prisoner's Dilemma. The most concerning is 3, as there really is little that can be done to fix that. You can't evenly split rewards, as then there's no longer an incentive for a masternode to be honest (not that there's much incentive for that right now). When this has been mentioned before the knee-jerk reaction is "they'll never do that!" However, one need only take a look at how Bitcoin mining pools operate to see that this is a very real problem. Two references that make for good reading are: Ittay Eyal's "The Miner's Dilemma", and the paper "When Bitcoin Mining Pools Run Dry" by Aron Laszka et. al. This is, of course, quite a well-known issue amongst those in the know: 1, 2, 3most of the issues fluffy brings up are known and in fact already have a solution waiting to be implemented.
the new masternode blinding thing evan is working on along with ip obfuscation takes care of most of the issues he drones on about. fluffypony can ramble on until he is blue in the face but the market has spoken and the debate is all but settled, instantX will be the final nail in the coffin. "In fact?" Really? It's been more than 2 years since your post. You don't get to claim as factual vaporware that is years overdue. Where is the Masternode blinding and IP obfuscation that Evan was supposedly working on for the last 28 months? Since Evan's supposed "solution" is still (in March 2017) "waiting to be implemented" we must conclude most of the issues fluffy brought up are still outstanding and unresolved. Not sure what "the market" has to do with security issues. Does a price spike somehow magically fix Dash's security issues even without Masternode blinding and IP obfuscation? Or does a price spike compound Dash's security issues because of the greater incentive for attackers to exploit those issues? |
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(2017) Limited Edition of 100 - 5" DASH Bars:
# reservations:
12 - AltcoinScamfinder
We're reaching levels of irony that shouldn't be possible. |
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Please, Icebreaker if you keep on posting Dash will still continue to go up.
Yes, I realize THE DARKCOIN FOUNDATION INC. responds to my posts by rage-pumping Dash and rage-shorting Monero. In fact, I'm counting on that. They will run out of money eventually. The sooner we get the Dash bubble over with the better. Nobody shorts Moneron because nobody cares. It is folks like you or even dumber: folks who listen to guys like you who hate-short Dash for almost a month now and they got fleeced. XMR lending is almost non existent on Polo. You are confusing me with someone else. I am among the many who maintain that the Dash market is fundamentally distorted by the Masternode Ponzi scheme and acutely manipulated by Instamine-funded whales. In such an unideal market, it is unwise to short expecting a near-term reversion to the (less irrational) mean. This is exactly why I refer to Dash as a set of high-stakes poker chips for crypto-mobster wise guys like Otoh, BigRich, Edward Moncada, and Evan the Instaminer while cautioning the community that Dash is best avoided by hapless/greedy/credulous lightweights who cannot afford to be gambling with life-changing (and indeed posterity-altering) amounts of wealth. |
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Please, Icebreaker if you keep on posting Dash will still continue to go up.
Yes, I realize THE DARKCOIN FOUNDATION INC. responds to my posts by rage-pumping Dash and rage-shorting Monero. In fact, I'm counting on that. They will run out of money eventually. The sooner we get the Dash bubble over with the better. "If your enemy is quick to anger, belittle him." -Sun Tzu At this rate Evan The Instaminer will beat GAW Josh's record for biggest crytpo-scam of all time. Long popcorn and crying towel futures.  |
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Nah, journalists are too stupid to even understand what that means. They even sell bitcoin as an anonymous coin. DASH is a centralized coin with low liquidity in the hands of a single guy, mimicking as a great distributed crypto currency, improved over bitcoin (not difficult), and know what ? That propaganda works as hell. People love to fall for this kind of stuff. What is even greater, is that DASH can pose as a coin that used to be criminal, and now has seen the light and is on the side of the nice guys ; redemption. Only a small and insignificant number of smart people know how fake it is, but they don't matter. The BIG problem for DASH is something totally different: it is an illegal security that doesn't pass the Howey test.If I were Evan, I would cash out before, flee to an exotic place, change name and live a rich-man's life in anonymity. (hence, not use DASH, with its fake anonymity ) Here's ammo. The form takes about 5 minutes to fill out, but requires a lawyer's contact info (but there is a reward for those that dashtards claim are butthurt). Evan Duffield is located in AZ, but couldn't find a street address. His email is evan@dash.org What's bad for dash is they need to make evidence to gain more noobs--this cluster of shillocracy took about 10 minutes to gather. The ROI investment sheets are likely the most damning. https://dash-news.de/dashtv/https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=24019061https://web.archive.org/web/20170312191741/https://www.node40.com/2016/05/19/dash-masternode-financial-reports-preview.htmlhttps://web.archive.org/web/20160520195030/http://dashpaymagazine.com/index.php/2016/05/19/dash-masternodes-study-rising-crypto-bonds-future/https://imgur.com/kHW81Vc http://dashdetailed.com/2017/01/25/happy-birthday-mr-juggernaut/ Great work. This may help as well. http://web.archive.org/web/20160812163647/http://www.d10e.org/agenda |
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If you claim a Dash instamine without evidence, I'm going to dismiss you as a child. Adults should not make assumptions like that. They have a reasonable and probable explanation of what happened and no one can provide concrete evidence to refute. Besides, if he did take a share so freaking what I'm ok with ZEC doing it. They did create it after all. So stop with the BS, getting tired of hearing it. You lost, Dash won just face it.
It's your own responsibility to research after you have been given a warning/tip about something. But since you seem incapable I will assist you. Let's take a look at the first 5 h of Darkcoin (XCoin at that time)... https://bitcointalk.org/index.php?topic=421615.msg4589219#msg4589219Edufield said (after failed launch) that he will wait the next day to launch DRK (XCoin at that time) it is 11 pm. https://bitcointalk.org/index.php?topic=421615.msg4591407#msg4591407 Edufield disregard windows wallet and daemon and hurry up his launch, presumably to not have windows miners on board. https://bitcointalk.org/index.php?topic=421615.msg4592827#msg4592827Edufield say he added four nodes for the launch at 4 am (5 hours later, despite his promise to wait). The 4 nodes from Edufield are 3 amazons AWS + another unknown (whois IP). Launch started at 3h54 am. https://bitcointalk.org/index.php?topic=421615.msg4593601#msg4593601 Edufield said the github version was not updated, nobody could compile and only Edufield was able to mine until that time. It is 5.09 am and Edufield instamined alone 1153 block at 500 DRK + 60 block at reward 277 = 593120 DRK for him alone in about 1 hour. https://bitcointalk.org/index.php?topic=421615.msg4593987#msg4593987 No windows wallet confirmed at 5h47 am, despite a user attempt to make one avaiable, that Edufield dismissed quickly. https://bitcointalk.org/index.php?topic=421615.msg4594096#msg4594096 Illodin, understand dev has instamined alot of coin. https://bitcointalk.org/index.php?topic=421615.msg4595573#msg4595573 From this list of nodes, at 8h34 am (4h40 after launch) there were 50 Amazon AWS node and 50 microsoft cloud computing instamining DRK (checked using IP whois service). This is 100/124 nodes using cloud computing to instamine DRK. We are at block 2870 and block reward is 500. From block 1153-1729 block reward is 277. After that it is 500 again hence 2294 block at 500 + 576 at 277 = 1306552 DRK (worth about 13M$ now) were instamined in less than 5 hour by Edufield and coworkers using about 100 cloud mining instances. Edufield himself instamined in not even 5 h from 600K to 1169K DRK ((1306K-600K)*100/124 + 600K) depending how many of the 100 cloud mining instance were its own. All this while having purposefully set the difficult ridiculously low and block reward 100 times what it is now. SCAM = unfair and dishonest scheme = dash This latest defence is so strange. Where are the victims ? what are you talking about it is there in black and white. 1. everyone who was told it was a fair launch LIKE ALL THE OTHER LAUNCHES AT THE TIME. - then prevented from mining fairly = scammed 2. everyone who was told there would be much more opportunity to mine ( then that got slashed by 75%) - prevented from mining the coins that were then taken away = scammed. here are your victims. 3. everyone buying now thinking dash can go somewhere not knowing the scam it is will forever hold it back = being scammed. Every dasher on here trying to scam others into supporting your scam = scammers. I will be updating my scammers thread to add all of your names to it. Denying a scam after it is proven time and time again to you in black and white = scam enabler and defender = scammer. Threads examining the evidence of the captive instamine and reduction of the minting to magnify such instamining ...PROOF OF SCAM https://bitcointalk.org/index.php?topic=999886.0https://bitcointalk.org/index.php?topic=560138.0https://bitcointalk.org/index.php?topic=559028.0https://bitcointalk.org/index.php?topic=995710.0https://bitcointalk.org/index.php?topic=999084.0https://bitcointalk.org/index.php?topic=560138.0And yet still, no one cares if a founder disproportionately profited from his own work. I aso think zec is justified to take 10%. It's clearly not holding it back. Tone Vays cares. Dash was the *only* altcoin he liked, until he found out about the intentional Instamine. In fact, Dash is in the general public's opinion defined by and primarily associated with its Instamine. Another reason the Dash instamine matters: it permanently ruined Dash's reputation and ensured the project is widely perceived to be a scam. |
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Imagine if you are a journalist (or even worse a regulator) and you learn that Evan told people he would not start mining and then instamined it. Imagine on top of that if the journalist then also learns that Evan the reduced the number of coins?
I suspect Dash will be attacked far more than we have ever seen.
Evan may be frog-marched into prison for advertising to unsophisticated/unqualified retail/casual investors his Masternode HYIP. You can't sell people Masternodes with promises of specific ROI percentages and fail to disclose the (overwhelming) risks involved. Otoh and Rich may be frog-marched into prisoin for operating Masternodes, which basically paint a target on their owner's back for committing offenses related to money laundering (coin mixing) and unlicensed money services (InstantX). The rest of THE DARKCOIN FOUNDATION may be frog-marched into prison for non-profit fraud (and probably Instamine tax evasion as well). |
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Dash is based on an outdated fork that is several years behind the current Bitcoin 14.x release.
Dash 12.1 is based on Bitcoin 12.1 codebase, released on 14 Apr 2016 - so 11 months ago, not "years". Dash [...] has managed to break IPv6 functionality.
You can repeat it endlessly, it does not make it true: Dashs IPv6 capability is identical to that of Bitcoin 12.1. If you are going to participate in a forum about software, you should be aware that software development time is measured in developer years, not calendar years. Dash is 1000s of years behind the latest Bitcoin release and will never be able to catch up with hot new technology like RBF/CPFP, segwit, Lightning, etc. Bitcoin had working IPv6 support in 2012. Cite: https://bitcointalk.org/index.php?topic=81378.0Dash broke its inherited IPv6 support in v13. Cite: https://github.com/dashpay/dash/pull/1065#issuecomment-252503008 |
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 You can't make valid comparisons between legitimate crypto like Monero and a security/privacy theater like Dash (which coblee calls "digital trash" and ptodd calls "bad crypto" and "snake oil"). That's like comparing a GE nuclear power plant to the Free Energy Cold Fusion device some crank built in his garage (and won't let you closely examine).
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The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.
Oh you want to play assertion theater? Good, I love that game. Here goes. Your tired old argument (that the "Dash is a scam" argument doesn't work) doesn't work. Open your eyes. Look at how Tone Vays changed his mind about Dash thanks to our "Dash is an Instamined scam" public awareness campaign (and is now besties with Fluffy! ). Fiat money is a scam too. Many people care; Ron Paul is a hero to millions of boomers, Gen-Xrs, and Millennials. See how much better my assertions are than yours? That's because I back them up with supporting evidence and analysis. Now that the Dash scam is exploding, it's time for all the work we've done to prepare for that possibility to pay dividends. Our long consistent record of warning others and volumes of research will now help dissuade those who may have otherwise been a victim of Evan's fraud. Nobody can claim we just suddenly started speaking out because of the recent price rise. Anyone can go back and see we've always had the same conclusion. And we're not going to change that conclusion (nor stop broadcasting it) when some hopeless, weepy noob starts pouting about how crying fraud "doesn't work" because "no one cares." When the Dash bubble bursts, some of the released capital will naturally find its way into Monero. That may already be Happening....  |
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The development marketing of dash is steady and solid
Fixed ^^it. The cryptography and rest of dash's technology is falling behind Bitcoin every single day. Dash cannot keep up with Bitcoin's rapid development. Dash is based on an outdated fork that is several years behind the current Bitcoin 14.x release. Bitcoin has RBF/CPFP, segwit, and is 1000s of lines of code ahead of Dash's codebase. Dash has none of that, and has managed to break IPv6 functionality. The promised Masternode blinding, IP obfuscation, 2mb blocks, Lamassu ATM, etc. are all goals which have been forgotten in the rush to be the next Paypal. |
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Ugh, I hate this place, why do I have it open!?!?!?!
Why? Because this is where you learn the most valuable new information and opinions from people smarter than you and the rest of the Evan's Gate cult. You instinctively understand when the dump signal for Dash comes, you'll hear it here first. We don't know if the dump will be because the SEC puts Evan in jail for instamining and fraud, or because Dash's "bad crypto" causes a persistent chain fork, or something else. But we know this is the place were it will be freely discussed first. Not on reddit, where basilpop mutes criticism, or any other of Dash's other used car salesman echo chambers. You really need to take some money off the table and put it away for the sake of your family's future. Letting all 100% of substantial winnings ride is not a responsible way for an adult with children to behave in the altcoin casino. Please have the common sense to get out while the getting is good. Diversity into preparedness. Buy more gold/silver/beans/bullets/solar/filters. You can easily sell half of you Dash and still have plenty of exposure to future upside, while also preserving the life-changing amount of wealth which you are currently putting at completely unnecessary, foolish level of risk. |
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Looks like Dash is the king of the anons shitcoin scams these days.
FTFY. The Darkcoin days are long gone. Dash is now more about joining forces with Coinfirm and less about anonymity/privacy/fungibility. |
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