[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[kointrend]

and there goes another barrier :

Total Masternodes: 2913 = 2904 actives + 9 inactives [2661 unique IPs] (Last refresh: Sun Jul 26 2015 ‎12‎:‎23‎:‎56)
Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.5261 DASH/day (Last Refreshed: Sun Jul 26 2015 ‎12‎:‎23‎:‎56)

Got it here too! 2900
http://178.254.18.153/~pub/masternode_count.png

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[blajde]

i'm crosslinking this from the Dashtalk forum as not everyone in here visits that forum : https://dashtalk.org/threads/incentivizing-liquidity-providers.5752/

Incentivizing liquidity providers

I have been thinking about liquidity providers again lately (i'm talking about running wallets with -liquidityprovider=<n> : Provide liquidity to Darksend by infrequently mixing coins on a continual basis (0-100, default: 0, 1=very frequent, high fees, 100=very infrequent, low fees) and how they can help with the mixing process a lot more if they got more rewarding to operate. I'm brainstorming here so bare with me ..

How about we setup an internal ''pool'' somewhere inside the darksend process that has a hardcap limit of lets say 25 liquidy providers as max and
reward those liquidity providers with some dash for x time period of mixing. Lets say for 12 hours mixing as liquidity provider they can receive x amount of dash.

Network has to determine they are indeed active liquidity providers and should also have a way of tracking
how long they have been actively mixing in order for them to receive rewards.

Edit :

we can also make the pool a lot bigger and see if we can attract more users to Dash, there is obvious
an interest in receiving steady rewards for either an investment (masternode style) or for time and energy (POW mining style).
The liquidity provider rewards could be the third reward option to attract new users to Dash

Or to make this even easier to implement, this could become a proposal to get it both funded and implemented?

i would like to get some feedback from the community and dev team first, to see if its technically achievable, diserable and how the community feels
about it.

great idea, i'd 4 sure vote for it. the faster the mix the better.

I've been thinking about incentivizing liquidity providers too, but I think I have a much simplier idea. Why not just make a proposal in the budget system to pay a few people back for the effort of running one of these nodes? The cost of running one of these nodes would be a server, fee's for the mixing and some amount of dash in addition to compensate them for the effort. Maybe a couple hundred dollars a month total for a few people?  Granted there's no way to prove they're running the liquidity provider, other than the fact that mixing will be faster, so we'll need to find people we trust in the community.

Great. Just add a user server id of the dedicated few where id matches wallet rights and internal circle payment rights and patching of network rights. ==>> People don't need to update and spend time on it which is favorable and more system unity and concept coupling. - And the money would be completely detached from leaks and intruders

[splawik21]

i'm crosslinking this from the Dashtalk forum as not everyone in here visits that forum : https://dashtalk.org/threads/incentivizing-liquidity-providers.5752/

Incentivizing liquidity providers

I have been thinking about liquidity providers again lately (i'm talking about running wallets with -liquidityprovider=<n> : Provide liquidity to Darksend by infrequently mixing coins on a continual basis (0-100, default: 0, 1=very frequent, high fees, 100=very infrequent, low fees) and how they can help with the mixing process a lot more if they got more rewarding to operate. I'm brainstorming here so bare with me ..

How about we setup an internal ''pool'' somewhere inside the darksend process that has a hardcap limit of lets say 25 liquidy providers as max and
reward those liquidity providers with some dash for x time period of mixing. Lets say for 12 hours mixing as liquidity provider they can receive x amount of dash.

Network has to determine they are indeed active liquidity providers and should also have a way of tracking
how long they have been actively mixing in order for them to receive rewards.

Edit :

we can also make the pool a lot bigger and see if we can attract more users to Dash, there is obvious
an interest in receiving steady rewards for either an investment (masternode style) or for time and energy (POW mining style).
The liquidity provider rewards could be the third reward option to attract new users to Dash

Or to make this even easier to implement, this could become a proposal to get it both funded and implemented?

i would like to get some feedback from the community and dev team first, to see if its technically achievable, diserable and how the community feels
about it.

great idea, i'd 4 sure vote for it. the faster the mix the better.

I've been thinking about incentivizing liquidity providers too, but I think I have a much simplier idea. Why not just make a proposal in the budget system to pay a few people back for the effort of running one of these nodes? The cost of running one of these nodes would be a server, fee's for the mixing and some amount of dash in addition to compensate them for the effort. Maybe a couple hundred dollars a month total for a few people?  Granted there's no way to prove they're running the liquidity provider, other than the fact that mixing will be faster, so we'll need to find people we trust in the community.

I could go for it if needed. At least we could see some nice mixing accelerator.

[qwizzie]

i'm crosslinking this from the Dashtalk forum as not everyone in here visits that forum : https://dashtalk.org/threads/incentivizing-liquidity-providers.5752/

Incentivizing liquidity providers

I have been thinking about liquidity providers again lately (i'm talking about running wallets with -liquidityprovider=<n> : Provide liquidity to Darksend by infrequently mixing coins on a continual basis (0-100, default: 0, 1=very frequent, high fees, 100=very infrequent, low fees) and how they can help with the mixing process a lot more if they got more rewarding to operate. I'm brainstorming here so bare with me ..

How about we setup an internal ''pool'' somewhere inside the darksend process that has a hardcap limit of lets say 25 liquidy providers as max and
reward those liquidity providers with some dash for x time period of mixing. Lets say for 12 hours mixing as liquidity provider they can receive x amount of dash.

Network has to determine they are indeed active liquidity providers and should also have a way of tracking
how long they have been actively mixing in order for them to receive rewards.

Edit :

we can also make the pool a lot bigger and see if we can attract more users to Dash, there is obvious
an interest in receiving steady rewards for either an investment (masternode style) or for time and energy (POW mining style).
The liquidity provider rewards could be the third reward option to attract new users to Dash

Or to make this even easier to implement, this could become a proposal to get it both funded and implemented?

i would like to get some feedback from the community and dev team first, to see if its technically achievable, diserable and how the community feels
about it.

great idea, i'd 4 sure vote for it. the faster the mix the better.

I've been thinking about incentivizing liquidity providers too, but I think I have a much simplier idea. Why not just make a proposal in the budget system to pay a few people back for the effort of running one of these nodes? The cost of running one of these nodes would be a server, fee's for the mixing and some amount of dash in addition to compensate them for the effort. Maybe a couple hundred dollars a month total for a few people?  Granted there's no way to prove they're running the liquidity provider, other than the fact that mixing will be faster, so we'll need to find people we trust in the community.

Good to hear you were thinking about it too and i'm all for using simple methods.....  

[GhostPlayer]

i'm crosslinking this from the Dashtalk forum as not everyone in here visits that forum : https://dashtalk.org/threads/incentivizing-liquidity-providers.5752/

Incentivizing liquidity providers

I have been thinking about liquidity providers again lately (i'm talking about running wallets with -liquidityprovider=<n> : Provide liquidity to Darksend by infrequently mixing coins on a continual basis (0-100, default: 0, 1=very frequent, high fees, 100=very infrequent, low fees) and how they can help with the mixing process a lot more if they got more rewarding to operate. I'm brainstorming here so bare with me ..

How about we setup an internal ''pool'' somewhere inside the darksend process that has a hardcap limit of lets say 25 liquidy providers as max and
reward those liquidity providers with some dash for x time period of mixing. Lets say for 12 hours mixing as liquidity provider they can receive x amount of dash.

Network has to determine they are indeed active liquidity providers and should also have a way of tracking
how long they have been actively mixing in order for them to receive rewards.

Edit :

we can also make the pool a lot bigger and see if we can attract more users to Dash, there is obvious
an interest in receiving steady rewards for either an investment (masternode style) or for time and energy (POW mining style).
The liquidity provider rewards could be the third reward option to attract new users to Dash

Or to make this even easier to implement, this could become a proposal to get it both funded and implemented?

i would like to get some feedback from the community and dev team first, to see if its technically achievable, diserable and how the community feels
about it.

great idea, i'd 4 sure vote for it. the faster the mix the better.

I've been thinking about incentivizing liquidity providers too, but I think I have a much simplier idea. Why not just make a proposal in the budget system to pay a few people back for the effort of running one of these nodes? The cost of running one of these nodes would be a server, fee's for the mixing and some amount of dash in addition to compensate them for the effort. Maybe a couple hundred dollars a month total for a few people?  Granted there's no way to prove they're running the liquidity provider, other than the fact that mixing will be faster, so we'll need to find people we trust in the community.

Good to hear you were thinking about it too and i'm all for using simple methods.....  

 I kid you not gents, I planned to make this into a proposal once the budget system in on. That is exactly why I set up a testnet 5k liquidity provider on friday

[cryptothreads]

What's the possibility of seeing a DASH car?? :-D
I'll need something to take to the 'paint-shop' - lol

I have to say that car is really nice

[Sub-Ether]

Jim Willie kicking ass,
https://www.youtube.com/watch?v=b96bYCgaGR8
and
https://www.youtube.com/watch?v=Jnwxjs6-xNc

[Sub-Ether]

Seen this yet???
http://bitcoinist.net/keepkey-hardware-bitcoin-wallet-oled-screen-trezor-compatibility/
DASH is included :-D

Ooo nice, looks cool, fits in your pocket and accepts Dash, I see timeslides of the future falling into the present  

[TaoOfSaatoshi]

Post count decreasing, price flatlining, this really is the calm before the V12 storm...

When people see how much Dash has improved with V12 (fast DS Mixing, InstantX working 100% of the time), I'm sure we will get some new investment. And with the DGBB, we will have the tool to provide funds for any project we want. This truly is an exciting time to be part of Dash!

[TaoOfSaatoshi]

Seen this yet???
http://bitcoinist.net/keepkey-hardware-bitcoin-wallet-oled-screen-trezor-compatibility/
DASH is included :-D

Ooo nice, looks cool, fits in your pocket and accepts Dash, I see timeslides of the future falling into the present  

Are you ready to do another Tao ratio test with V12?

[110110101]

Seen this yet???


http://bitcoinist.net/keepkey-hardware-bitcoin-wallet-oled-screen-trezor-compatibility/

DASH is included :-D

Seems like a nifty gadget for both BTC and Dash. Could use a few of those

[dazbarlby]

[coins101]

i'm crosslinking this from the Dashtalk forum as not everyone in here visits that forum : https://dashtalk.org/threads/incentivizing-liquidity-providers.5752/

Incentivizing liquidity providers

I have been thinking about liquidity providers again lately (i'm talking about running wallets with -liquidityprovider=<n> : Provide liquidity to Darksend by infrequently mixing coins on a continual basis (0-100, default: 0, 1=very frequent, high fees, 100=very infrequent, low fees) and how they can help with the mixing process a lot more if they got more rewarding to operate. I'm brainstorming here so bare with me ..

How about we setup an internal ''pool'' somewhere inside the darksend process that has a hardcap limit of lets say 25 liquidy providers as max and
reward those liquidity providers with some dash for x time period of mixing. Lets say for 12 hours mixing as liquidity provider they can receive x amount of dash.

Network has to determine they are indeed active liquidity providers and should also have a way of tracking
how long they have been actively mixing in order for them to receive rewards.

Edit :

we can also make the pool a lot bigger and see if we can attract more users to Dash, there is obvious
an interest in receiving steady rewards for either an investment (masternode style) or for time and energy (POW mining style).
The liquidity provider rewards could be the third reward option to attract new users to Dash

Or to make this even easier to implement, this could become a proposal to get it both funded and implemented?

i would like to get some feedback from the community and dev team first, to see if its technically achievable, diserable and how the community feels
about it.

great idea, i'd 4 sure vote for it. the faster the mix the better.

I've been thinking about incentivizing liquidity providers too, but I think I have a much simplier idea. Why not just make a proposal in the budget system to pay a few people back for the effort of running one of these nodes? The cost of running one of these nodes would be a server, fee's for the mixing and some amount of dash in addition to compensate them for the effort. Maybe a couple hundred dollars a month total for a few people?  Granted there's no way to prove they're running the liquidity provider, other than the fact that mixing will be faster, so we'll need to find people we trust in the community.

Those words "trusted people".....they kept me up a few nights thinking about any project proposing to create a system that relies on this kind of trust.

There are now almost 3,000 MNs. All with untouched collateral funds.

Some thoughts on options:

1. Segregate 25% of MN collateral for mixing

2. Allow MNs to mix while remaining part of the MN count.

They are there to provide a service. Darksend is one of the key protocol services.

For example.

During the mixing process, the protocol randomly chooses a number of MNs to elect into the mixing process.

Now, add this.

Create a trivial nonce so that all remaining MNs compete for being liquidity mixing providers. The first 10 to solve a trivial problem are elected to do the mixing, for which the people wanting coins to be mixed pay these MNs a fee.

Possibly add a 'mixing = true' function into the config settings so anyone not wanting to compete for mixing fees can opt out of being a liquidity provider.

[Shunak]

I made a small overview. Dark vs Bitcoin. I already included InstantX!

Let me know what you think.

Remember, its always good
btc go down, dash go up

[Sub-Ether]

Seen this yet???
http://bitcoinist.net/keepkey-hardware-bitcoin-wallet-oled-screen-trezor-compatibility/
DASH is included :-D

Ooo nice, looks cool, fits in your pocket and accepts Dash, I see timeslides of the future falling into the present  

Are you ready to do another Tao ratio test with V12?

Too right, and I need to update bitcoin to version 11 as well, should be interesting as bitcoin has speeded up but so have we 

[thelonecrouton]

Those words "trusted people".....they kept me up a few nights thinking about any project proposing to create a system that relies on this kind of trust.

There are now almost 3,000 MNs. All with untouched collateral funds.

Some thoughts on options:

1. Segregate 25% of MN collateral for mixing

2. Allow MNs to mix while remaining part of the MN count.

They are there to provide a service. Darksend is one of the key protocol services.

For example.

During the mixing process, the protocol randomly chooses a number of MNs to elect into the mixing process.

Now, add this.

Create a trivial nonce so that all remaining MNs compete for being liquidity mixing providers. The first 10 to solve a trivial problem are elected to do the mixing, for which the people wanting coins to be mixed pay these MNs a fee.

Possibly add a 'mixing = true' function into the config settings so anyone not wanting to compete for mixing fees can opt out of being a liquidity provider.

There are some fundamental problems with anonymising the MN collateral inputs...

[GODLIKE]

How do I get reward for running a node?

[splawik21]

How do I get reward for running a node?

It goes to your masternode address as a default OR if forwarded as a donation goes to the address you point.

[coins101]

Those words "trusted people".....they kept me up a few nights thinking about any project proposing to create a system that relies on this kind of trust.

There are now almost 3,000 MNs. All with untouched collateral funds.

Some thoughts on options:

1. Segregate 25% of MN collateral for mixing

2. Allow MNs to mix while remaining part of the MN count.

They are there to provide a service. Darksend is one of the key protocol services.

For example.

During the mixing process, the protocol randomly chooses a number of MNs to elect into the mixing process.

Now, add this.

Create a trivial nonce so that all remaining MNs compete for being liquidity mixing providers. The first 10 to solve a trivial problem are elected to do the mixing, for which the people wanting coins to be mixed pay these MNs a fee.

Possibly add a 'mixing = true' function into the config settings so anyone not wanting to compete for mixing fees can opt out of being a liquidity provider.

There are some fundamental problems with anonymising the MN collateral inputs...

I thought there would be. That's why I thought segregation of MN collateral might be a starting point. Balance of two wallets can still = 1000 DASH.

[GODLIKE]

How do I get reward for running a node?

It goes to your masternode address as a default OR if forwarded as a donation goes to the address you point.

Hey, I watched your link... can't understand what exactly is.
And... where do I find the software to set up a node?