Monero = troll.
Monero = SCAM.
...says the guy still pumping the hopeless LISK token. LMFAO.  Congratulations on achieving that recent All Time Low. B. T. F. O.  |
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Malicious transactions are possible on the Bitcoin network. This has been known for years. It's not a valid argument for keeping the blocksize back in the Stone Age. Returning to the topic at hand, has anyone looked at this chart lately? https://blockchain.info/charts/transaction-fees?timespan=all&daysAverageString=7Seven day average of total transaction fees. We're at roughly 120BTC per day in fees right now. That's no small potatoes. The threat of malicious transactions is one of many valid reasons to keep max_blocksize compatible with a diffuse/diverse/defensible/resilient (ie decentralized) network. Gavin explained why, in perfectly clear English. 120BTC per day in fees is great news. That will help fee markets develop and is a sign Bitcoin is starting to work as it was designed to. |
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The incentives are what they are. Sure some miner can play the role of 'attacker', and include a transaction that takes an inordinate amount of time to validate. My claim is that incentives are aligned to render this a non-problem.
Riddle me this: built off a parent of the same block height, a miner is presented -- at roughly the same time:
1) an aberrant block that takes an inordinate amount of time to verify but is otherwise valid;
2) a 'normal' valid block that does not take an inordinate amount of time to verify; and
3) an invalid block.
Which of these three do you suppose that miner will choose to build the next round atop?
Your question is poorly constructed because you do not define what qualifies as an "inordinate amount of time to verify." Riddle me this: built off a parent of the same block height, a miner is presented -- at roughly the same time: 1) an aberrant block that takes an inordinate amount of time (e.g., hour) to verify but is otherwise valid; 2) a 'normal' valid block that does not take an inordinate amount of time to verify; and 3) an invalid block. Which of these three do you suppose that miner will choose to build the next round atop in order to maximize profit? Another poorly constructed question demonstrating you lack the basic background required to pose interesting questions, much less form valid conclusions, on this topic. If you paid attention during the Grand Schism you'd already know what in the context of 10 minute block targets constitutes an "inordinate amount of time to verify." Hint: your example is off by more than an order of magnitude. So your question is not only uninteresting, it's entirely meaningless. Once again you've shown yourself to be out of your depth. Once again your fanciful reach has greatly exceeded your dimwitted grasp. In other words, you are a great fit for Team Unlimite_.  For the sake of pity charity and the benefit of lurkers I will again spoon feed you like a baby the facts you should already know, given your proven propensity to pontificate. Miners' decisions depend on their goals, motivations, and levels of expertise, the amount of fees in the blocks, their software/hardware/network configuration/capabilities/limitations, what they expect other miners to do and/or their strategy for attacking other miners (game theory), etc. For example, a computationally 999.657k hard block construed in order to clean up a bunch of UXTO dust was intentionally mined by F2pool not very long ago. That functionality would be lost if we used Gavin's artificial 100k/tx limit. Any more silly questions?  Are you now ready to join us here in the real world, where O(n^2) attacks are a problem, or are you going to stick with the wishful thinking, hand-waving, and "Because Mining Incentives!" slogan? |
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We'll be on Coinbase....Soon.
As for Coinbase adopting monero, I don't get the feels. Hope I'm wrong.  |
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Don't worry the lawyers are getting paid. Unless they pull a Joshua Zipkin aka Joshua Alexander owner of the now defunct AMT. Less than a year into actual action by the Court his lawyers petitioned to be allowed to cease representing him. Reason: Failure to pay them It was granted. Wonder how that suit is going? Been quite a while since any news about it... AMT was a scam. Never taped out, never had chips, never built nor delivered any machines. The lawyers in the HF case aren't dependent on any scam owner paying them. They're getting paid from HF's remaining assets, insurance payouts, and whatever coins they managed to squeeze out of cypherdoc. It's right here in black and white; no need to speculate.  Remember all that money could have been used to pay customer refunds and/or keep the best American ASIC company operating. But those million+ dollars were sacrificed to our litigious culture and hostile business environment. |
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Plot Twist! [Warning] Why I don't trust the price of Dash, nor the community. Be careful folks. Invest wisely. Diversify.
1. Dash is centrally controlled. This is a fact.
Dash used to be one of my favorite parts of the internet, since discovering Bitcoin. I spent weeks upon weeks reading up on Dash, after years of learning about Bitcoin and it's faults, Dash (Drk) at the time seemed like a logical next step forward, so I dove head first into Dash for a little over a year and spent a majority of my time working alongside the community to dream up cool projects, spread the word about Dash and so on, once I started asking the hard questions about the core team being accountable, the slander slowly began to build. Before you knew it, I was known as the town troll for "asking too many questions" and was sidelined as much as possible, simply for being critical of the teams decisions and asking them to act in the best interests of Dash, they did not. They are making loads of cash while controlling the "governance system" with large amounts of Masternodes and upvoting their own backdoor deals with companies that are friends of friends and so on . Any sort of critical thinking is not welcome in the Dash ecosystem and you will be sidelined due to it. So be careful. They are acting in their own interests, not in the interest of cryptocurrency. Hence the echo chamber being so powerful.
2. Dash is under researched, overhyped. It's all marketing.
InstandSend is the ONLY good thing Dash has going for it (and its completely wasted), governance is completely and purposely flawed as to enable control for the core team of no only the funds, but the mechanisms that drive the governance system too. You'd be surprised to find out most of the important things sucks as forking and what not are handled by Evan and Evan only, there is no consensus mechanism to force anyone in core to do anything, thus they do as they please and remain largely unchecked in doing so.
Darksend is a gimmick, sure maybe it can't be cracked super easily, but the use of it is a complete joke, not to mention Dash recently teamed up with Coinfirm to track all Dash purchases in the network, sound a little backwards to you? It did to me to. They also have lawyered up using blockchain taxed funds, spent quite a pretty penny (hundreds of thousands) on their own little side projects such as Lamassu ATM integration which still has yet to come to fruition and so on. The point being, Dash is nothing but a big echo chamber, be careful believing anything that comes from that community, they lure you in with false hopes of a better world of crypto currency just to break your heart when you find out they really just want to start their own crypto bankster project for their own selfish needs, that is not what I signed up for.
The Dash I understood when I started reading the docs and listening to Evans videos was a new form of "digital cash" for the people, controlled by the people. The Dash I found was just another wanna be get rich quick scheme covered in all the right hopes and promises. Be weary folks, a REAL digital cash will arrive one day, it might be called Bitcoin, it might be #Monero, hell it might even be #Litecoin if they go privacy first, but one thing I do know is it will not be Dash, until the entire core team is gone and the community controls Dash.
3. The Dash community is disingenuous. The "governance system' is flawed. The Core team controls majority of Masternodes.
Everyone in the Dash community who is left minus a few brave and stubborn souls (achem Camosoul, GrandMaster & Solarminer) is part of the problem, they are all lazy crypto currency supporters who are just here to make a quick buck, the idea of changing the financial landscape forever has been lost to them. When I started with Bitcoin in 2011, the only thing I could ever think was how revolutionary Bitcoin really was and what good it could bring to our planet. Little did I know it was an unfinished product, Dash seemed to fill the gap temporarily, but after spending almost a year devoted to Dash, I quickly learned it was all a sham and some good marketing points. The governance system being the best part of Dash, until you realize Evan owns 400+ Masternodes, Daniel easily owns 200+, Otoh owns 400+, and so on... Well when you only have 3-4k nodes in the entire community and things only need 10% nodes to vote to pass, and the whales started out with Masternodes costing 1% of what they cost now, you can see how the community can quickly end up in the control of 'bad whales'.
Point being, the governance system is a joke, its as much of a governance system as a bankster scam aimed at making you feel like you are winning, while they are winning 1,000 more than you. How are those crumbs tasting fellas?
4. Darkcoin was a far superior coin to Dash, yet here we are. Why you ask?
Darkcoin was the basis for what Dash became, but Darkcoin was also MUCH more ahead of its time, back then Evan wasn't coding for revenue, he was coding to create an idea, that idea was a sort of 'digital cash' based on Bitcoin. Within a year or 2 his vision slowly changed into creating "Paypal 2.0" (and yes thats a quote rom him and multiple core team members, not my words). And that is where I call BS, they say anything they can to get some coverage and don't give a single damn about delivering the proper product. The Dash team will NEVER deliver a true digital cash, because that is not their end goal. Darkcoin was on the right track, but Dash is a completely different direction, hell Dash is actively running away from privacy as it is anyways... look at coinfirm...
5. Evan Duffield lacks a spine and a moral compass to do the right thing with Dash. Ryan "Babygiraffe" Taylor & Daniel Diaz are wanna-be failed banksters with a selfish end game that influence Evan heavily.
As I stated already Evan Duffield was on the right track with Darkcoin back in the day, but slowly over time he seemed to have morphed his vision of what digital cash should be from being an open sourced, community controlled, instant, private digital asset toooooo controlling your money, controlling the governance mechanism to ring as much money out of the project before it collapses on itself, getting their own office space paid for by the blockchain, paying themselves large sums of money and so on... doesn't seem right when there are villages all around the world dying for access to a worldwide economy now does it?
Ryan Taylor is an ex bankster with a selfish end game. This guy came around to Dash shortly after myself, was cool at first while he worked his way into the core team, but once things became a little more heated he quickly buckled down onto his knees and stopping trying to fight for the idea of a better Dash and became a leach himself. They hired him for help with finance, and ever since he's been the biggest figure in the Dash community besides Amanda in the public realm, you wonder why don't you? He's in it for himself, not for Dash, not for crypto currencies. He just wants his former bankster glory back.
Daniel Diaz is a complete half assed wanna sneaky snake like scammer. He's been around Evan since the beginning and he's the one that I attribute to ruining Evan's moral compass. He's the one who envisioned this crappy "paypal 2.0" idea and tried shoving it down the communities throat with deceit, lies and made up stories. He's the one who put his neck out there and said "WERE GETTING ON LAMASSU ATM'S!!" almost a year ago, and $100,000 later and countless excuses, there are still 0 Lamassu ATM's in the world... He's the reason the "governance" in Dahs is broken, because he has poisoned the well and turned Dash into a leeches paradise.
6. It's either 1 huge scheme or they really lack a higher purpose.
I could never really figure out which one it was, but after a few months of reflecting back on this I feel like it was a mix of both. People like Daniel and Ryan are scheming/leeching while people like Udjin (the best dev easily) and Evan are simply following the herd. I feel as if Dash was capable of being 1000x the product it is today if they would have embraced more decentralization, more worldwide change and more of a community focused mindset, then Dash could become the first truly decentralized economy, basically a skynet if you will. But the core team doesn't see it that way, they just see a big ol piggy bank when they see Dash, it's quite sad honestly. Hopefully someone clones the entire damn project and does it the right way, that'd be the best altcoin IMO. Either way, still not really sure whether it's one huge team scam or they just don't see the greater good they could be doing, or maybe they don't care? Who knows. All I know is echo chambers never did a lick of good in the past and they damn sure won't start now.
7. The Dash core team is power hungry. The Dash community is blind.
As has been touched on earlier in this post, the Dash team has lost it's way. Dash could have been a world wide economy, the governance system could be used to employ ANYONE in the world, and yet they are sitting here hiring random companies that thier friends just happen to run to do stupid things like try and get ATM's set up everywhere, which is so backwards it makes no sense. Dash has InstandSend, people have smart phones. What the hell are they doing dropping $100,000+ dollars on ATM's you ask? Kickbacks I say, kickbacks. And the sad part of this is when you start pointing these types of things out to people in the community, the core team starts pinning you as a troll and what not just to run you off. This has happened countless times since the times of Darkcoin and I hope people will chime in and help people realize this isn't just a big old ranting post.
8. Dash COULD have been so much better, but greed killed it before it even got started.
Bitcoin was mean't to change the world, but has fallen short thus far. Dash came sooo close to filling the gap, but human greed seemed to have ruined any cryptopunk or libertarian ideology. People in charge of Dash think libertarians are stupid and childish (another quote), and that just never made sense to me.. Bitcoin was supposed to a libertarians dream come true, so when did this goal change? I'm still here waiting for the world to change, but in order to get there we'd have to have a fully decentralized or atleast distributed system that is fair for everyone, and provides everyone the same access to community funds in order to start creating a more economic model of crypto currency that can perform a proper digital asset with all the appropriate features such as speed, privacy, control and worldwide scalability. So far all the coins are falling short in one way or another and one day I think someone will hit the nail on the head and we'll either see that tech baked into Bitcoin, or some random coin take off overnight... not sure which yet. The main flaw of the Dash project seems to be greed, and lack of a moral compass.
9. Dash is basically a huge echo chamber supporting its own weight due to the Masternode system, it's nowhere close to being "digital cash' as it's marketed.
The biggest problem I found in this community and the same one that is true of most pyramid schemes is there is a massive echo chamber effect, everyone who sings the praises of Dash is a wonderful community member and is always talked to with respect and what not, but the second you start questioning things and making people feel as if they are being held to a standard, people will quickly turn around and happily tell you to leave because thinking is hard and people don't like things to be hard. I honestly think the people that are going to lose the most money when the core team decides to dump is going to be those exact users, which is sort of sad when you think about it. Sounds alot like a pyramid scheme to me, anyone? Lol oh and they even added a rating system which auto censors posts that get 4+ troll ratings, which they use VERYYYYY often to hide the complaints about them to the general public.
10. Dash is NOT Digital Cash, Dash is wanna be PayPal 2020, does any actually like PayPal? Thought so.
I've had repeated conversations with the core team in the past and various community members who blindly support them and I've asked them which they would prefer, digital cash or Paypal 2.0, and to my surprise the only ones who actually support the whole Paypal idea are the people in charge (core team) and their blind followers, because who wouldn't want to be the next billion dollar company? I mean I get it, but what happened to changing the world and doing it the right way?
Besides we all know PayPal is going to crush Dash in the long run, they are a billion dollar company getting put in a corner, I wouldn't be surprised if they already had eyes on Bitcoin & Dash and the recent acquisition of TIO which will give them access too hundreds of thousands of kiosks world wide, so much for that Lamassu Deal eh Daniel?
Good luck with your investments, always keep your eyes wide open, you never know when the floor is going to fall out from beneath you. And yes this is all true, and no I'm not trolling, just thought with all this Dash hype we could have a dose of reality.
Best wishes folks.
-Jake
Well that certainly ends the TheDashGuy's battle against Monero. |
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There are currently 5 ASIC Dash miners Not for long. Coming Soon to Dash: COLLATERALIZED MINING Now Miners must also help artificially pump demand for Dash, just for the privilege of helping secure the network. What a great way to create a huge disincentive for anyone to contribute their hashpower. With regards to security, Dash has a stronger network over Monero and Zcash due to both ASIC mining & much higher number of full active nodes. Not for long.  |
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 But seriously, you may want to consider using something less lightweight than Proof of Ping to back Evan's instamined scamcoin.... |
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is it me or has this thread been so boring for so long
Eye of the hurricane. We'll be on Coinbase....Soon. Then we can go back to posting exciting pictures of rockets and trains.  |
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Same and same empty talk again. And where are the victims? So butthurt. And please sell DASH. I need to buy some. Just to be clear, that is a terrible argument. "Where are the victims?" could have been said at the beginning of almost any good scam. Bernie Madoff didn't have any victims in the early 2000s but some people knew his numbers seemed too good to be true and were highly suspicious. We all know that by 2008 he would go down as running the largest Ponzi scheme in American history. Just because something doesn't have immediate victims does not mean it will not have them in the future. The DashHoles are witlessly indulging in a variation of the Appeal To Incredulity logical fallacy; absence of evidence is not evidence of absence. But "terrible" arguments are all they have. That's what happens when you prioritize Marketing Over Technology, which is the hallmark of Dash. |
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This user is currently ignored. Huh? Oh, that was nothing. It's like I'm on IPv6 and you're a Masternode still stuck in 1997 on IPv4. That's why you can't communicate with me.  Sad!  |
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Is that not the same user that went around the XMR threads and reddit asking for donations then to throw it back in people's faces who donated to him? LOL that guy is always drama. Bet he feels stupid for selling the 250 XMR the nice Monero community gave him as a welcome present. At least he's teachable. We should send him some XMR tips for his take down of the Dash scam! [Warning] Why I don't trust the price of Dash, nor the community. Be careful folks. Invest wisely. Diversify.
1. Dash is centrally controlled. This is a fact.
Dash used to be one of my favorite parts of the internet, since discovering Bitcoin. I spent weeks upon weeks reading up on Dash, after years of learning about Bitcoin and it's faults, Dash (Drk) at the time seemed like a logical next step forward, so I dove head first into Dash for a little over a year and spent a majority of my time working alongside the community to dream up cool projects, spread the word about Dash and so on, once I started asking the hard questions about the core team being accountable, the slander slowly began to build. Before you knew it, I was known as the town troll for "asking too many questions" and was sidelined as much as possible, simply for being critical of the teams decisions and asking them to act in the best interests of Dash, they did not. They are making loads of cash while controlling the "governance system" with large amounts of Masternodes and upvoting their own backdoor deals with companies that are friends of friends and so on . Any sort of critical thinking is not welcome in the Dash ecosystem and you will be sidelined due to it. So be careful. They are acting in their own interests, not in the interest of cryptocurrency. Hence the echo chamber being so powerful.
2. Dash is under researched, overhyped. It's all marketing.
InstandSend is the ONLY good thing Dash has going for it (and its completely wasted), governance is completely and purposely flawed as to enable control for the core team of no only the funds, but the mechanisms that drive the governance system too. You'd be surprised to find out most of the important things sucks as forking and what not are handled by Evan and Evan only, there is no consensus mechanism to force anyone in core to do anything, thus they do as they please and remain largely unchecked in doing so.
Darksend is a gimmick, sure maybe it can't be cracked super easily, but the use of it is a complete joke, not to mention Dash recently teamed up with Coinfirm to track all Dash purchases in the network, sound a little backwards to you? It did to me to. They also have lawyered up using blockchain taxed funds, spent quite a pretty penny (hundreds of thousands) on their own little side projects such as Lamassu ATM integration which still has yet to come to fruition and so on. The point being, Dash is nothing but a big echo chamber, be careful believing anything that comes from that community, they lure you in with false hopes of a better world of crypto currency just to break your heart when you find out they really just want to start their own crypto bankster project for their own selfish needs, that is not what I signed up for.
The Dash I understood when I started reading the docs and listening to Evans videos was a new form of "digital cash" for the people, controlled by the people. The Dash I found was just another wanna be get rich quick scheme covered in all the right hopes and promises. Be weary folks, a REAL digital cash will arrive one day, it might be called Bitcoin, it might be #Monero, hell it might even be #Litecoin if they go privacy first, but one thing I do know is it will not be Dash, until the entire core team is gone and the community controls Dash.
3. The Dash community is disingenuous. The "governance system' is flawed. The Core team controls majority of Masternodes.
Everyone in the Dash community who is left minus a few brave and stubborn souls (achem Camosoul, GrandMaster & Solarminer) is part of the problem, they are all lazy crypto currency supporters who are just here to make a quick buck, the idea of changing the financial landscape forever has been lost to them. When I started with Bitcoin in 2011, the only thing I could ever think was how revolutionary Bitcoin really was and what good it could bring to our planet. Little did I know it was an unfinished product, Dash seemed to fill the gap temporarily, but after spending almost a year devoted to Dash, I quickly learned it was all a sham and some good marketing points. The governance system being the best part of Dash, until you realize Evan owns 400+ Masternodes, Daniel easily owns 200+, Otoh owns 400+, and so on... Well when you only have 3-4k nodes in the entire community and things only need 10% nodes to vote to pass, and the whales started out with Masternodes costing 1% of what they cost now, you can see how the community can quickly end up in the control of 'bad whales'.
Point being, the governance system is a joke, its as much of a governance system as a bankster scam aimed at making you feel like you are winning, while they are winning 1,000 more than you. How are those crumbs tasting fellas?
4. Darkcoin was a far superior coin to Dash, yet here we are. Why you ask?
Darkcoin was the basis for what Dash became, but Darkcoin was also MUCH more ahead of its time, back then Evan wasn't coding for revenue, he was coding to create an idea, that idea was a sort of 'digital cash' based on Bitcoin. Within a year or 2 his vision slowly changed into creating "Paypal 2.0" (and yes thats a quote rom him and multiple core team members, not my words). And that is where I call BS, they say anything they can to get some coverage and don't give a single damn about delivering the proper product. The Dash team will NEVER deliver a true digital cash, because that is not their end goal. Darkcoin was on the right track, but Dash is a completely different direction, hell Dash is actively running away from privacy as it is anyways... look at coinfirm...
5. Evan Duffield lacks a spine and a moral compass to do the right thing with Dash. Ryan "Babygiraffe" Taylor & Daniel Diaz are wanna-be failed banksters with a selfish end game that influence Evan heavily.
As I stated already Evan Duffield was on the right track with Darkcoin back in the day, but slowly over time he seemed to have morphed his vision of what digital cash should be from being an open sourced, community controlled, instant, private digital asset toooooo controlling your money, controlling the governance mechanism to ring as much money out of the project before it collapses on itself, getting their own office space paid for by the blockchain, paying themselves large sums of money and so on... doesn't seem right when there are villages all around the world dying for access to a worldwide economy now does it?
Ryan Taylor is an ex bankster with a selfish end game. This guy came around to Dash shortly after myself, was cool at first while he worked his way into the core team, but once things became a little more heated he quickly buckled down onto his knees and stopping trying to fight for the idea of a better Dash and became a leach himself. They hired him for help with finance, and ever since he's been the biggest figure in the Dash community besides Amanda in the public realm, you wonder why don't you? He's in it for himself, not for Dash, not for crypto currencies. He just wants his former bankster glory back.
Daniel Diaz is a complete half assed wanna sneaky snake like scammer. He's been around Evan since the beginning and he's the one that I attribute to ruining Evan's moral compass. He's the one who envisioned this crappy "paypal 2.0" idea and tried shoving it down the communities throat with deceit, lies and made up stories. He's the one who put his neck out there and said "WERE GETTING ON LAMASSU ATM'S!!" almost a year ago, and $100,000 later and countless excuses, there are still 0 Lamassu ATM's in the world... He's the reason the "governance" in Dahs is broken, because he has poisoned the well and turned Dash into a leeches paradise.
6. It's either 1 huge scheme or they really lack a higher purpose.
I could never really figure out which one it was, but after a few months of reflecting back on this I feel like it was a mix of both. People like Daniel and Ryan are scheming/leeching while people like Udjin (the best dev easily) and Evan are simply following the herd. I feel as if Dash was capable of being 1000x the product it is today if they would have embraced more decentralization, more worldwide change and more of a community focused mindset, then Dash could become the first truly decentralized economy, basically a skynet if you will. But the core team doesn't see it that way, they just see a big ol piggy bank when they see Dash, it's quite sad honestly. Hopefully someone clones the entire damn project and does it the right way, that'd be the best altcoin IMO. Either way, still not really sure whether it's one huge team scam or they just don't see the greater good they could be doing, or maybe they don't care? Who knows. All I know is echo chambers never did a lick of good in the past and they damn sure won't start now.
7. The Dash core team is power hungry. The Dash community is blind.
As has been touched on earlier in this post, the Dash team has lost it's way. Dash could have been a world wide economy, the governance system could be used to employ ANYONE in the world, and yet they are sitting here hiring random companies that thier friends just happen to run to do stupid things like try and get ATM's set up everywhere, which is so backwards it makes no sense. Dash has InstandSend, people have smart phones. What the hell are they doing dropping $100,000+ dollars on ATM's you ask? Kickbacks I say, kickbacks. And the sad part of this is when you start pointing these types of things out to people in the community, the core team starts pinning you as a troll and what not just to run you off. This has happened countless times since the times of Darkcoin and I hope people will chime in and help people realize this isn't just a big old ranting post.
8. Dash COULD have been so much better, but greed killed it before it even got started.
Bitcoin was mean't to change the world, but has fallen short thus far. Dash came sooo close to filling the gap, but human greed seemed to have ruined any cryptopunk or libertarian ideology. People in charge of Dash think libertarians are stupid and childish (another quote), and that just never made sense to me.. Bitcoin was supposed to a libertarians dream come true, so when did this goal change? I'm still here waiting for the world to change, but in order to get there we'd have to have a fully decentralized or atleast distributed system that is fair for everyone, and provides everyone the same access to community funds in order to start creating a more economic model of crypto currency that can perform a proper digital asset with all the appropriate features such as speed, privacy, control and worldwide scalability. So far all the coins are falling short in one way or another and one day I think someone will hit the nail on the head and we'll either see that tech baked into Bitcoin, or some random coin take off overnight... not sure which yet. The main flaw of the Dash project seems to be greed, and lack of a moral compass.
9. Dash is basically a huge echo chamber supporting its own weight due to the Masternode system, it's nowhere close to being "digital cash' as it's marketed.
The biggest problem I found in this community and the same one that is true of most pyramid schemes is there is a massive echo chamber effect, everyone who sings the praises of Dash is a wonderful community member and is always talked to with respect and what not, but the second you start questioning things and making people feel as if they are being held to a standard, people will quickly turn around and happily tell you to leave because thinking is hard and people don't like things to be hard. I honestly think the people that are going to lose the most money when the core team decides to dump is going to be those exact users, which is sort of sad when you think about it. Sounds alot like a pyramid scheme to me, anyone? Lol oh and they even added a rating system which auto censors posts that get 4+ troll ratings, which they use VERYYYYY often to hide the complaints about them to the general public.
10. Dash is NOT Digital Cash, Dash is wanna be PayPal 2020, does any actually like PayPal? Thought so.
I've had repeated conversations with the core team in the past and various community members who blindly support them and I've asked them which they would prefer, digital cash or Paypal 2.0, and to my surprise the only ones who actually support the whole Paypal idea are the people in charge (core team) and their blind followers, because who wouldn't want to be the next billion dollar company? I mean I get it, but what happened to changing the world and doing it the right way?
Besides we all know PayPal is going to crush Dash in the long run, they are a billion dollar company getting put in a corner, I wouldn't be surprised if they already had eyes on Bitcoin & Dash and the recent acquisition of TIO which will give them access too hundreds of thousands of kiosks world wide, so much for that Lamassu Deal eh Daniel?
Good luck with your investments, always keep your eyes wide open, you never know when the floor is going to fall out from beneath you. And yes this is all true, and no I'm not trolling, just thought with all this Dash hype we could have a dose of reality.
Best wishes folks.
-Jake
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The incentives are what they are. Sure some miner can play the role of 'attacker', and include a transaction that takes an inordinate amount of time to validate. My claim is that incentives are aligned to render this a non-problem.
Riddle me this: built off a parent of the same block height, a miner is presented -- at roughly the same time:
1) an aberrant block that takes an inordinate amount of time to verify but is otherwise valid;
2) a 'normal' valid block that does not take an inordinate amount of time to verify; and
3) an invalid block.
Which of these three do you suppose that miner will choose to build the next round atop?
Your question is poorly constructed because you do not define what qualifies as an "inordinate amount of time to verify." As you know, the problem with troll blocks is precisely the fact they are valid, despite being trollish. Who said anything about invalid blocks? What a red herring. Miners running Bitcoin Core compatible nodes don't mine invalid blocks, although there's no accounting for what zany harebrained scheme the lads at Unlimite will come up with this month. Empty blocks take no time to verify, yet miners only create them occasionally. Miners' decisions depend on the amount of fees in the blocks, their software/hardware/network configuration/capabilities/limitations, what they expect other miners to do and/or their strategy for attacking other miners (game theory), etc. For example, a computationally hard block construed in order to clean up a bunch of dust was intentionally mined not very long ago. That functionality would be lost if we used Gavin's artificial 100k/tx limit. Any more silly questions? Are you now ready to join us here in the real world, where O(n^2) attacks are a problem, or are you going to stick with the wishful thinking, hand-waving, and "Because Mining Incentives!" slogan? |
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Hey buddy, what if the dash masternode network voted on whether or not to host a Sybil attack on monero? We could command the network to host 4300 monero nodes and then go from there. How does that sound? lol. This really shows the level of intelligence of the dash crowd. Sybil attacking a PoW coin is impossible. The PoW chain is always verifiable, even if almost all of the nodes are sybil nodes. Ironically, sybil attacking the masternode network is something that's relatively easy (hence the talk about lazy masternodes) sure. and how's the GUI wallet going for you? I hear there are loads of problems with it like missing transactions and missing monero.. just saying  I think you can ascertain the calibre of the monero dev team by them posting on the dash forum and the quality of their GUI wallet The "missing transactions" are the result of a user failing to understand that RingCT hides transaction amounts. That's a feature, not a bug. Can Dash do that? Will Dash ever do that? Or would RingCT interfere with Coinfirm's attempt to implement Dash user accounts, KYC, AML, etc.? |
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And in that entire tirade, your only argument is 'someone else called it a problem'. And now you won't even quote me or respond on point, because you got #REKT.
If you say so. Of course, you've still not responded to a single element of my claim. The "someone else" is Gavin. I realize you are not yet very familiar with him or his infamous work on defanging XT and Classic's careless exaggeration of Bitcoin's quadratic sig validation time problem, but please do pursue the links I spoon fed to you like a baby provided earlier. And it's not just Gavin (and me) calling the quadratic sig validation time issue a "problem." "O(n^2) attacks are a problem" is the uncontroversial strong consensus of the entire Bitcoin (and wider Computer Science) community, including both sides of the Grand Schism. I just used Gavin's words because he explains the problematic nature of the issue very well. I did in fact respond to more than "a single element" of your claim. Perhaps you are simply incapable of understanding those responses. Here are two examples. Example One Your anointed vision, epistemological closure, and metaphysical certainty don't count as evidence.
Here I've responded to the element of your claim whereby you believe yourself capable of deducing future events with perfect, irreproachable clarity. Obviously that's insane, and so I do indulge in a bit of pushing back against your imaginative hubris. Example Two Incentives appeal to motivations. Different people have different motivations. In this case, an attacker responds to your precious magical "mining incentives" differently than an honest (or at least non-adversarial) miner.
Here I've responded to the element of your claim's internal logic, ie the mechanism of action which you believe understanding gives you singular prescient insight into empirical (to be determined) outcomes. Like the other elements of your silly claim, it is simultaneously reprehensible and laughable. Your argument has been destroyed from within and without, its purported external and internal logic have been completely debunked. You've made an extraordinary claim at odds with everyone else in the universe, but failed to provide any evidence besides the courage of your conviction (which, sorry, doesn't count). And so I dissolved your specious claims in a vat of basic logic and acidic wit. Trifle with me again, and I shall mock thee a second time!  |
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What has Monero accomplished It might be under-rated as a "pump & dump" coin actually. There seems to be something more sophisticated going on. XMR traders are tracing out Florence Cathedral in a spontaneous expression of artistic liberation...  Good question. Monero took a new technology (cryptonote), outlined why it can't achieve its stated purpose as implemented (bytecoin), mapped out a plan to fix those flaws and achieve its stated purpose ( https://lab.getmonero.org/) and wrote 740,000 lines of code to get the job done, so not exactly FUDding and self-glossing yourself non-stop or arguing with most everyone that your pet economic theory is correct and the whole cryptoworld has got it backwards--despite having no discernable knowledge about cryptosystems or economics--but it's something. Sorry fulfilling the goal of a digital cash system hasn't impressed such bellwethers of accomplishment and luminaries of the crypto-universe, but since everyone else is offering soda machines and Hype, technology and science will have to do to differentiate monero from the rest of the coinz. Maybe XMR can add memes or slavenodes or inverse-time transactional schemes to (such) wow and amaze the two brain cells you have when you two dashtards rub your collective asses together. Morons. LMAO. Very good rant. 9/10. Toknormal is an especially luminous source of false light. His accomplishment in the field of posting HUGE graphics containing NOTHING more than a picture of a ladder with a giant red arrow pointing to a picture of a shoe is a bellwether for the emerging world of postmodern surrealist crypto-art. |
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Coming Soon to Dash: COLLATERALIZED MININGMoar Ponzilicious goodness! Now Miners must also help artificially pump demand for Dash, just for the privilege of helping secure the network. What a great way to create a huge disincentive for anyone to contribute their hashpower. What's next, requiring regular users who want to send or receive transactions to "lock in" a certain amount of Dash? Oh I know, let's also require posts on the Dash Slack and Forum to "lock in" a certain amount of Dash! Ponzify All The Things!!! Thats not a bad idea, you'd have to buy some Dash to keep trolling us Please do not quote the morons. I know you mean well, but I'll quote whatever I like, cheers Why is it so hard to have an intelligent conversation about Dash's collateralized mining feature? Is there any particular reason you guys are trying so hard to avoid discussing it? If collateralized mining is such a great idea, why the reluctance to engage in a conversation about it? |
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A Lightning type payment channel is simply a write cache for the blockchain. Do you know how much the write cache improves a hard drive's performance? Try turning yours off and find out. Why don't you moan about the presence of write caches on hard drives, and spew FUD about how output operations to the write cache aren't real "on disk" transactions! You know it's not real "on disk" operations when the computer crash or power short age and the filesystem end up corrupted :p otherwise you would just keep all the data on ram disk and just write on the HD on shut down  how safe would that really look Write cache aren't not all that fud free Now with journalized filesystem it mitigiate the possible damage, but having reliable decentralized journalizing on LN would mostly ruin the concept. And in this context having only private journalizing is not changing much. You'd have a point, if and only if -Bitcoin's filesystem (The Blockchain) could be shut down, crash, or suffer from power outages (it can't) -LN didn't already journalize when opening channels (it does) -LN used private journalizing (it doesn't) |
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mining incentives are already aligned to make the quadratic sig hash issue a non-problem
Objection. Calls for speculation. Assumes facts not in evidence. Your anointed vision, epistemological closure, and metaphysical certainty don't count as evidence. But good luck deducing from first principles empirical matters of fact! How about, instead of hurling insults, and non-responsive drivel, you actually engage the topic with reasoning? Incapable?.
I'll do that right after you familiarize yourself with the essential aspects of the topic and stop glossing over vital bits simply because you were not aware of them (or not aware of their significance). The devil is in the detail. The details you casually and instantly dismiss as "irrelevant" are anything but. Get a clue or STFU. Asking you to know WTF you are talking about before promoting your worthless Bitcoin Horoscope opinion as incontrovertible fact is not asking too much; it's a reasonable request. And in that entire tirade, your only argument is 'someone else called it a problem'. Fine. I don't need to convince you. Market advantage for me. Incidentally, I already laid out the rationale in our exchange, for anyone willing to actually read what I wrote. There you go telling another lie. Clearly you are unused to being curb stomped in an argument and are taking it badly, in the manner of a sore loser. My tirade included several arguments besides ' someone else everyone not named jbreher called it a problem' but I understand you wish to avoid them, and so will simply pretend the other arguments don't exist. My tirade also pointed out Gavin only wrote one patch to fix the quadratic validation problem, so you had absolutely no factual or logical basis on which to assert you couldn't know to which particular patch I was referring. You contradicted yourself by first saying you weren't aware of Gavin's 100k/tx patch (which was roundly mocked for being an anti-future-proof kludge) then turning around and saying you were aware of it. Anyone possessing a passing familiarity with the events of the last two years' Grand Schism would instantly recognize the 100k/tx patch to which I was referring. It's not unreasonable to expect you to have an exceedinly firm grip on the subject matter when you are claiming to have made (from first principles LOL) some sort of supremely accurate prediction deduction based on nothing more than the phase "mining incentives." Incentives appeal to motivations. Different people have different motivations. In this case, an attacker responds to your precious magical "mining incentives" differently than an honest (or at least non-adversarial) miner. You got caught not knowing WTF you were talking about and then tried to cover it up, so I had to humiliate you in public. You finally gave up trying to spin the quadratic validation time problem as something other than a problem, but not after an obnoxiously long period of defending the indefensible. Everyone here in consensus reality (big- and small-blockers alike) agrees quadratic validation is problem. Nobody cares about your crazy anointed vision where it's not. Quadratic validation time and the attacks it engenders are clearly a problem. Shame on you for using word games to distort reality, just so we can all admire your navel-gazing pet theories about "mining incentives" (which, by sheer coincidence, are also what supposedly make BU's loopy ideas about unlimited block sizes work). That's what happens when you try to argue with someone who has the facts on their side. You make a fool of yourself and get BTFO. I demolished every single one of your shitty attempts at spin, from the "it's not an issue or a problem" BS to the completely implausible "you didn't say which specific Gavin patch so I couldn't know" excuse of ultimate lameness. You never even tried to defend Gavin's quick-and-dirty 100k/tx limit workaround. You never even tried to explain how you could possibly be confused as to which quadratic validation time quick-fix I was referring, given he only made one. And now you won't even quote me or respond on point, because you got #REKT.  |
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Why does Dash has to pay 50k$ to an exchange for integrating it ?
Did Bitcoin/Ethereum/Monero pay anything to get integrated?
This sounds really suspicious to me.
On top, where does the money from the Dash Foundation come from ? Is there such a big pool so that you can just throw around 50k$ like that ?
Dash must pay-to-play on exchanges because everyone knows it's an insta-mined scamcoin. No, BTC/ETH/XMR did not have to pay bribes to get integrated by exchanges. Only Dash does, because it's so shitty and worthless. The Dash money is printed out of thin air by Duffield's fiat power. Typical tax and spend liberalism, very generous with other peoples' money. |
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