In case you have stash on exchanges...  Isn't this more applicable to those somewhat 'shady' exchanges where no KYC rules are in place ? It does show the US (as this seems to mainly come from the US treasury) has taken a much harder stance on crypto, then other countries. This could be the reason why : “So the U.S. establishment is very nervous about encouraging any cryptocurrencies that could threaten the dollar’s dominant position in global finance. The U.S. enjoys what’s long been called
the ‘exorbitant privilege’ of being able to print seemingly endless dollars and borrow unprecedented amounts without causing a collapse in the dollar. This is all because nearly every other country
uses dollars as the standard for international trade and finance. As long as everyone needs dollars, the U.S. prints and borrows freely without crashing their currency.” The article (link below) shows the difference between the US stance on crypto and the EU stance on crypto. Source : https://cointelegraph.com/news/how-the-us-and-europe-are-regulating-crypto-in-2020I suspect more strict regulation is also the reason why there is a Binance International and a Binance.US Same with other large exchanges who have a seperate exchange, specifically for US customers. Also explains why some exchanges are not active in the US at all. |
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I suspect we are in for a large rise in the Dash price. Hold unto your hats ladies and gentlemen, this could be a bumpy ride. 1 Dash = $109 1 Dash = 0.004757 XRP (+18.15%) & Litecoin (+16.72%) already fired up their engine it seems. Could be another Altcoins rally. Dash currently at +7.46%  Source : messari.io Listing mostly based on : https://coinmarketcap.com/coins/ (which excludes tokens projects) Listing for tokens projects can be viewed here : https://coinmarketcap.com/tokens/ (i don't monitor those) |
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In a few months you can add Dash to above list. Dash will be launching its Dash Platform in less then two weeks on Dash Testnet. Both have been on Dash Evonet (Dash public testnet for developers) for over a year.
Dash Platform & DashPay (a mobile wallet Dapp) are scheduled for release on Dash Mainnet in Q1, 2021
maybe Dash will make it to the list next year, but it seems that some other players are also without users as well there are many platforms for Dapps, but number of users, and especially value share is low for those platforms, I do not think that Dash will change that, but hopefully will provide some new functions next year The strenght of Dash is in the instant and secure settlement of its transactions (sent, receive, spent, all within a few seconds and fully protected against double-spending). DashPay will make it a lot more easy to do payments, as users will not have to deal with long cryptographic addresses anymore, that will all shift into the background. They can just pay to a blockchain-registered username. I suspect DashPay will start to receive massive usage in countries like Venezuela next year, that due to hyper inflation rely more and more on cryptocurrency for their daily purchases. Dash is already doing really well there, i think the DashPay Dapp will drive Dash adoption even further. If the goal for cryptocurrency is to reach mainstream adoption (actually using crypto to buy basic goods and services), then making things easy and safe to use for both users and merchants should be a focus point from day 1, and not an after thought. |
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2. How would you feel if Dash reduces the capital requirement for setting up a masternode, in the absence of protocol level shared masternodes? Clearly, this forms a high barrier to enter our service provisioning market (masternode network) and not everyone wants to use 3rd party shared masternode services (they should only do that if they are willing to take on the risk). Would you agree that reducing the capital requirement for masternodes should lead to an increased influx of investment? Seems like a no brainer to be honest if we want to see more "investment" into masternodes. With people like birdonthewire going mental about not being able to enter the 'centralized scam' masternode network, I think it would be time to consider it. I believe there is also no longer any technical constraint to manage a much larger masternode list (since DIP003), but the devs would need to confirm that again.
With regards to point 2 : having too many masternodes will slow the masternode network. If the collateral of 1000 Dash would be cut to 500 Dash and our current masternode operators double their masternodes because of this, we could be looking at close to 10.000 masternodes. That would be too much for our network. I am not sure how exactly or where exactly it slows down, maybe in the block propagation area or in the quorum area or with Chainlocks perhaps? Also the time between MN payments would double (from 8,5 days to roughly 16 days). I know another Dash Community member in here was also entertaining that thought, and i did not respond to that. But now that its getting raised again, i seem to recall that there are technical limitations to our number of masternodes and the network still running efficient and fast. Get too many masternodes active on the network and it will negatively effect the network .. somehow. Edit : found the post in question, where this was asked and answerred.  Source : https://www.dash.org/forum/threads/temporary-measures-quick-wins.49138/#post-219044So a very large increase in number of masternodes (double number of masternodes for example), could have an negative effect on Dash scalability and speed. While a slow and limited increase in number of masternode (as is currently foreseen) is much less of a problem. At least that is how i read it. Ok, thanks for digging up Ryan's (or DCG's) point of view on it. Appreciate it. He does say 'slightly' which is subjective, but indicates minimal effect. Important point is that he assessed the effect to be logarithmic and not linear. It would be good to have a deeper (technical) analysis on it, like you say, in what sense it affects block propagation, quorum management and so on. This could be used to counter anyone asking to lower the capital requirement for masternodes, because today I presumed that there was no longer any reason to not do this. I wonder if he took into consideration the point that this creates a barrier to entry. With Dash price rising it will become even more so. If DCG's argument is convincing, then the only option left to have more people enter the masternode network is by implementing shared masternodes on protocol level (at least without having them take on risk). As Ryan states, I'm fully aware that we have more than enough masternodes already giving our actual usage, but if we really want people to buy more dash for masternodes, then we don't have many options. Do we know how many masternodes are already running in 3rd party shared masternode services? (Crowdnode has 25). I also think the masternode collateral serves as protection against sybil attacks. Maybe you remember this one ? https://www.youtube.com/watch?v=bz6rFZQywOEI have no idea how many masternodes are already running in 3rd party shared masternode services. |
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2. How would you feel if Dash reduces the capital requirement for setting up a masternode, in the absence of protocol level shared masternodes? Clearly, this forms a high barrier to enter our service provisioning market (masternode network) and not everyone wants to use 3rd party shared masternode services (they should only do that if they are willing to take on the risk). Would you agree that reducing the capital requirement for masternodes should lead to an increased influx of investment? Seems like a no brainer to be honest if we want to see more "investment" into masternodes. With people like birdonthewire going mental about not being able to enter the 'centralized scam' masternode network, I think it would be time to consider it. I believe there is also no longer any technical constraint to manage a much larger masternode list (since DIP003), but the devs would need to confirm that again.
With regards to point 2 : having too many masternodes could slow the masternode network. If the collateral of 1000 Dash would be cut to 500 Dash and our current masternode operators double their masternodes because of this, we could be looking at close to 10.000 masternodes. That could be too much for our network. I am not sure how exactly or where exactly it could slow down, maybe in the block propagation area or in the quorum area or with Chainlocks perhaps? Also the time between MN payments would double (from 8,5 days to roughly 16 days). I know another Dash Community member in here was also entertaining that thought, and i did not respond to that. But now that its getting raised again, i seem to recall that there are technical limitations to our number of masternodes and the network still running efficient and fast. Get too many masternodes active on the network and it will negatively effect the network .. somehow. Edit : found the post in question, where this was asked and answerred. Source : https://www.dash.org/forum/threads/temporary-measures-quick-wins.49138/#post-219044So a very large increase in number of masternodes (double number of masternodes for example), could have an negative effect on Dash scalability and speed. While a slow and limited increase in number of masternodes (as is currently foreseen) is much less of a problem. At least that is how i read it. |
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Edit : Wow, we actually have a Trump fan / Ryan Taylor hater in here.. that is unexspected and a bit disappointing. There goes any respect i had for that person. Definitely no more merit points for you mister !
Intention process. It's just a meme. I figured it was kind of funny, but I guess it triggers some people. There was a time i thought Trump was funny, now i just think he is dangerous, extremely dangerous. So yes, promoting Dash through using Trump memes is something i think we should try to avoid in here. And yes, i may have mistaken your two trump memes in twose two seperate posts, as a sign of a you being a firm Trump supporter, with a drive to extend that Trump support to this forum. Which means i may have overreacted in my previous post. I and many others have countered toknormal so many times this year that i lost count, so i am no longer interested in countering any blockreward allocation change discussion point. Frankly that ship has long sailed. If people like you and toknormal can not come to terms with the blockreward reallocation change being massively supported by masternode operators and feel that by keeping a laserfocus attention on this specific topic in here will somehow make a difference, by all means please continue. And if you want to keep it as low level as you recentely started to, by focussing on one specific person (Ryan Taylor), then by all means continue. I will just ignore your posts then, no big deal. In the end i want to read something interesting and new on this forum, not a constant rehashing of old arguments on one specific topic. It gets boring after awhile. It does not mean i necessarily put you on ignore, just that i will stop paying attention to your posts. Same as with posts of toknormal on that specific topic. I am pretty done with the whole blockreward allocation change topic by now. Little bird up there i do have on ignore, just to protect my ears (little bird sings some pretty ugly songs). |
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Dash back in the $100 price range and 1 billion dollar marketcap today. Dash is also keeping up rather nicely with Bitcoin and other altcoins today.  Source : messari.io Now it is just waiting on Bitcoin's blow-off-top with its price and the diversification into Altcoins that should follow after that (this is my personal assumption, the market could react in a totally different way as well). Edit : Wow, we actually have a Trump fan / Ryan Taylor hater in here.. that is unexspected and a bit disappointing. There goes any respect i had for that person. Definitely no more merit points for you mister ! I guess certain people really do live in an alternative reality where everything gets twisted, the truth gets cut into little pieces and lies get spread through twitter on a hourly basis by Trump and people just accept that, believe it and support it, even on a crypto-focused forum like this one through two separate posts. Please do not promote Dash through Trump, last thing Dash needs is association with Trump and his bad rep. So Ryan Taylor should be fired huh ? Maybe we should fire the whole Dash Core Group as well ? Maybe we should do this in the coming months ? Just before Dash Platform & DashPay gets released ? If this is how discussions about the masternodes / miners rewards are done these days (this low level), i don't want any part in it. Any more of those kind of posts and it will be instant ignore from me. I have no time or intention to read that kind of crap on this forum, Nthelight. |
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uncharted territory, how high will she fly ?
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is binance a good excahne that we can trust a bit?
I used cryptsy before and after that I used poloniex and I was the lucky ones that hear problems about cryptsy from this forum and transfered my dash over poloniex in time.
Now I had to spend most of my dash, I have a nice motorbike and a nice laptop and other stuff, now I have only 5 dash left and I hodl them since 2014. I keep them on dash liux desktop wallet but if 5 dash is enogh for staking it's better than sitting on my computer.
Before, I used moocowmoo's shared masternode services with 25 dash and it was good and when I needed tsome money it was just an automatic with only a mail that time.
So far i have not heard anything negative about Binance (the international exchange, not the US exchange). I staked some Dash there as expirement and the return pretty much matched with what i expected to receive for staking Dash 30 days. Only disadvantage is that some of these duration periods (90 days for example) get filled up / sold out pretty fast on Binance and your subscription on a certain duration don't get automatically renewed. Once it expires, you will need to manually enter into a new subscription for a certain duration period (which could be sold out at that point) With shared masternodes services you will always have a spot and can just set it up and forget about it. |
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is there any pool for dash masternodes? its so expensive to open a full node. maybe there is something like shared mastednode. who can help me?
https://crowdnode.io/Or you can check Dash staking on Binance : https://www.binance.com/en/pos (this is the international Binance, not Binance.US !!) Just remember to divide the percentage for each specific duration, as Binance uses an annual percentage. 30 days : 7.39% / 12 --> 0,61583% per 1 month 60 days : 9.11% / 6 --> 1,51833% per 2 months 90 days : 11.03% / 4 --> 2,7575% per 3 months Min deposit 1 Dash (?) Max deposit 500 Dash (?) * you need to verify above information yourself, as this could be subject to change at any time or i could simply be wrong about this * these durations (30 days / 60 days / 90 days) can be filled up / sold out on Binance pretty quickly * be aware you are taking a risk by leaving your coins for a certain period of time on a centralized exchange (it is not in any way a trustless service) * i would not recommend using Binance.US for Dash staking at this point, they seem to have a more cumbersome proces in place towards its (US) users Lets do a comparison between Dash Shared Masternodes services annual revenue percentage (calculated in Dash rewards), versus Binance Dash Staking annual revenue (calculated in Dash rewards) just for fun. Lets use 250 Dash in our example as Dash collateral and lets use Dash annual revenue of 5.67%, versus Binance annual revenue % as mentioned above (7.39% / 9.11% / 11.03%) Source of Dash annual revenue % : https://dash-news.de/dashtv/#curr=USD&value=250 (most Dash shared masternode services seem to base their annual revenue on that 5.67%) Source of Dash shared services annual revenue % : https://www.stakingrewards.com/earn/dash/providersSource of Binance annual revenue % for Dash staking : https://www.binance.com/en/pos What this manually created chart of mine is showing (and i hope i am doing this correctly), is the expected Dash shared masternode rewards in Dash versus Binance Dash staking rewards in Dash on a collateral of 250 Dash.  Data used in chart : Dash 5.67% annual / 12 = 0,4725% per 30 days x 250 Dash / 100 = 1.18125 Dash per 30 days Binance 7.39% annual / 12 = 0,6158% per 30 days x 250 Dash / 100 = 1.53958 Dash per 30 days Dash 5.67% annual / 6 = 0,945% per 60 days x 250 Dash / 100 = 2.3625 Dash per 60 days Binance 9.11% annual / 6 = 1,5183 per 60 days x 250 Dash / 100 = 3.79583 Dash per 60 days Dash 5.67% annual / 4 = 1,4175% per 90 days x 250 Dash / 100 = 3.54375 Dash per 90 days Binance 11.03% annual / 4 = 2.7575 per 90 days x 250 Dash / 100 = 6.89375 Dash per 90 days |
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Masternodes are hilarious. It costs an exchange next to nothing to run masternodes utilizing customer coins and can dump at almost any price. Satoshi (whoever) know more than a century ago https://bitcointalk.org/index.php?topic=57.msg415#msg415 "the price of any commodity tends to gravitate toward the production cost" and "in later years, when new coin generation is a small percentage of the existing supply, market price will dictate the cost of production more than the other way around". Later years still eons away Masternodes are enabling what Bitcoin and other crypto projects can't : to provide instant settlement of transactions, to provide protection against double spending and be more secure then Bitcoin. Masternodes are also the reason why Dash network can not be 51% attacked through proof of work. I will choose masternodes (Dash) and its fast transactions and its on-chain upscaling option (blocksize increase) and its low transaction fees over Bitcoin or similar crypto projects any day, regardless of 'production cost'. Simply because i value those features. Also if exchanges run masternodes utilizing customer coins and can dump at almost any time, then why is our number of active masternodes over time not showing any of this ? Looks more like wishfull thinking from your side.  Source : http://178.254.23.111/~pub/masternode_count.pngReminds me of Dash early years, when we had trolls like iCEBREAKER, who was convinced that masternodes would be dumped on the open market and totally crash the Dash market. It did not happen then and it is not happening now. If an exchange is indeed running masternodes, i find it more likely that they want to be invested in Dash longterm and keep its market healthy. |
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You need to look at the develop branche, to get a sense of what is going on with Dash : https://github.com/dashpay/dash/commits/developUnfortunetely the graphs you mentioned do not include commit-activity from the develop branche and is therefore painting a completely wrong picture with Dash. Do not rely on Github graph commit-activity & contributors with Dash, it is a known shortcoming of Github / Insights. Any Dash Github commit is put in the develop branche with Dash, not in the master branche. The Dash commits only get merged into the master branche, during official releases. So far i know this is different then for example Bitcoin, where Bitcoin developers put their Github commits directly in the master branche. Github / Insights graphs on commit-activity & contributors are working correct there. Dash Platform, a very large and fundamental update that took 5 years of development will be on Dash Testnet soon (end of this month), which i assume will mean a whole lot of new contributor activity and a lot of code commits suddenly appearing in the Dash Github develop branche. Should be interesting to observe. Dash Platform is scheduled to be released on Dash Mainnet in Q1, 2021 This should then get visible on the Github / Insights graphs as well, as it gets merged into the Dash master branche. |
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How to get that bird off the wire ?   Oh darn. |
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Dash was once 1000$+, now it’s 80 bucks.  Yeah, amazing ain't it. So, we know DASH was $1000 and can reach that again, then maybe buy DASH now for possible 10x pump? Or buy bitcoin top? In some ways Dash seems to mimic some of Bitcoin earlier price movements. I remember Bitcoin breaking into the $1000 range, ultimately reaching $1,140 before falling back to $150. Dash reached $1500, before falling back to $40 and is now accumulating / stabilizing at around $90-$100. The '% decrease' was a bit higher with Dash (-97,3%), then with Bitcoin (-87%). Price recovery (# of months / years to new ATH) just seems to take longer with Dash / Altcoins in general and looks to be more volatile.  Source : https://www.reddit.com/r/Bitcoin/comments/a4yrux/bitcoin_is_a_game_of_accumulation/Bitcoin has established a new ATH of $19,918 on Bitstamp on December 1, 2020. Which means it took Bitcoin pretty close to three years to establish a slightly higher new ATH. Of course there are exchanges and sites like coinmarketcap that use a higher ATH for Bitcoin ($20,089 on Dec 17, 2017).  Which means that for those sites, Bitcoin price still has not established a new ATH. Source : https://coinmarketcap.com/currencies/bitcoin/historical-data/ |
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Is Monero the most anonymous cryptocurrency in the world? Not if you are one of these 'lucky' 100 users... Monero "BADCACA" - XMR Tracking Project (with user's porn preferences) https://bitcointalk.org/index.php?topic=5286887.0Monero was never a real privacy coin. Multiple problems that Ciphertrace is currently exploiting were reported to Monero project in 2016 and remain unfixed since.
To draw attention to the issue I will publish transactions, IP addresses and porn preferences of 100 "lucky" Monero users every day.
''I have been logging Monero transactions for over a year now. Main reason why I decided to go public are blatant lies that there is nothing to worry about Chiphertrace and that Monero is private.
If you are prepared to sit though an 8 hour lecture on how broken Monero is, you will see that even they admit it. However that's obviously a small percentage of people they sell Monero to.''
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The fastest way to loose money is to listen to toknormal.
That gave me an idea for my forum signature.... PS: loose is actually “lose”. Don't write “lose” like our friend Toknormal (unless it's an intentional way to hint at him in your signature…  ). Thank you for the correction. |
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