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

[GhostPlayer]

Ahhhhh, good morning community!   the trolls are back...that means good things are happening!

 You give the trolls too much credit.
 
 If you bake a pie and the little kid from next door smells it and cames over for a bite, did the pie get baked because the kid next door smelt it ?
 
 

 Just kidding, I know what you mean. We're all pie to them. They just can't get enough of us.

[1715685513]

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[busterzzz]

Hello everybody. I would first like to say happy birthday, we made it. Over the last week I spent some time putting together a little present for the community. You can view it live at
http://darq.io/dash-timeline

Thank you to @Raptor73 for letting me use his images:

Please leave feedback on typos, events, dates, etc. If you want anything added let me know.
If you want to embed it on your website you may do so: Please give proper credit. Embed code below:
donate: XdarqoPGPhpFGDGD8rxnDzUh87d9yx98Jj

Enjoy.

Code:

<iframe src='//cdn.knightlab.com/libs/timeline3/latest/embed/index.html?source=1tas33D3li8GaCktwqog0RxSlWt7FEOf8_i5wGzBJcZE&font=Default&lang=en&initial_zoom=2&height=650' width='100%' height='650' frameborder='0'></iframe>

GREAT presentation, thanks! You might consider using all the data and do something similar on https://slate.adobe.com/welcome/. It is another great visual tools, scrolls vertically but, more importantly, your DASH presentation would than be a part of a community outside of our own and will have reached even more people.

Just my 2 cents. Take them at their worth or shrug them off. Anyway, thanks again!!

Hey wozzek23 thank you for the feedback. I looked into slate.adobe, looks really nice. There is no way for me to import my work to there so I would have to recreate the entire slideshow. I wouldn't mind doing that but it will take some time, which I don't have a lot of right now.

Eric Sammons is editing the current slide show for typos (as he is an editor). I'll continue to update the slideshow by adding new slides, updating current slides. If somebody wants to recreate the slideshow over at slate.adobe they have full permission to do so, just let me know so we don't do double work.

[oaxaca]

If you seek more users and wish to go more mainstream I strongly suggest you throw a high profile airdrop announced at the Miami conf.

There WILL be a high profile airdrop at BTCMiami.  Stop by the DASH booth and get a paper wallet.  Upload the DASH to your phone, take it over to the DashNDrink machine and turn it into a soda before your very own eyes.  The soda will be delivered Instantly, Privately, and Securely.  No other crypto currency can do that.

[dEBRUYNE]

Please ignore the haters, ArielBit lost 11,000 Monero's on Monerodice and he's here hating only.
While Icebreaker is a well known Hashfast scammer, please google Hashfast scam.

The level of hate and jealousy these people bring just WoW man...

No he didn't.

[eduffield]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

[aigeezer]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

"As a side note, the resolution of the trademark issue means we can officially rename the foundation from the Darkcoin Foundation to the Dash Foundation." Nice to see!

[Minotaur26]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Awesome work, congratz to the foundation on securing proper trademark rights. That is a great boost of confidence for the investors.

Also, lets raise that blocksize limit!  Go Dash always leading and pushing the limits! Literally this time. I vote Yes!


And most importantly Happy Birthday Dash!  What an amazing first 2 years!

[Otoh]

I'm voting Yes on this one too.

[volyova]

Another thing that I want to know is: Why is Eduardo Castro not yet in jail? Surely he must be facing some kind of lawsuit??

[Walter_S]

I'm voting Yes on this one too.

Just voted yes. No brainer.. as they say!  

Walter

[toknormal]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

That is quite awesome getting the trademark stuff secured.

[Melech]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Awesome work, congratz to the foundation on securing proper trademark rights. That is a great boost of confidence for the investors.

Also, lets raise that blocksize limit!  Go Dash always leading and pushing the limits! Literally this time. I vote Yes!


And most importantly Happy Birthday Dash!  What an amazing first 2 years!

How about raising the block size dynamically?

Perhaps check the last 1000 blocks, and if the majority are 50%+ filled, double the size allowed? (or something along these lines)

[tungfa]

[Days]

Please ignore the haters, ArielBit lost 11,000 Monero's on Monerodice and he's here hating only.
While Icebreaker is a well known Hashfast scammer, please google Hashfast scam.

The level of hate and jealousy these people bring just WoW man...

No he didn't.

My bad I just saw Ariel's name on monero dice website as the 2nd most lost bet there. Maybe it's a totally different person and Ariel just happen to be a supporter who likes to spam dash?

[oblox]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Awesome work, congratz to the foundation on securing proper trademark rights. That is a great boost of confidence for the investors.

Also, lets raise that blocksize limit!  Go Dash always leading and pushing the limits! Literally this time. I vote Yes!


And most importantly Happy Birthday Dash!  What an amazing first 2 years!

How about raising the block size dynamically?

Perhaps check the last 1000 blocks, and if the majority are 50%+ filled, double the size allowed? (or something along these lines)

Yes, enough with hard-and-fast caps, dynamic blocks based on N-number of blocks to grow as needed determined by actual transactional needs.

[qwizzie]

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Block Size Limitation Increase

We would also like to propose we raise the Dash block size limitation to 2MB to prepare for the future growth of the network. We want to know if the stakeholders support this idea. For this, we would like the nodes to vote using our decentralized governance system to make sure we have the community behind us.

With the current 1MB block size limit we have approximately 4x the capacity of the Bitcoin project in transactions per second capability, due to the 2.5 minute block spacing and a current 1MB blocksize. With our current limitations our network could theoretically allow nearly 28 transactions per second. We propose a change to a 2MB block size limitation, allowing up to 56 transactions per second. This will allow the currency to grow to approximately 8x the current transactional capacity of the Bitcoin project. It is important to plan for the long term success of the network and future adoption, by making this change we will be ready to scale and also give ourselves ample time to continue research and development to look for additional ways to improve efficiencies of the network.

The reason why raising the block size limit is not a centralization concern on our network is because of the full node incentive model. As the volume and usage rise on our network, the profits of the masternode network will also increase, creating excess funding to process the extra bandwidth without losing decentralization. This is in sharp contrast to projects without a full node incentive program, due to the inverse relationship between the full-node count and bandwidth requirements.

To implement 2mb blocks and prepare for Evolution, we must take care of some security concerns as well. There is a concern even with 1MB blocks that an attacker could add a transaction that takes 30 seconds to process, with 2MB blocks it’s actually possible to add a 10 minute script to process (https://www.reddit.com/r/Bitcoin/comments/3yulwv/any_examples_of_the_10_minute_script_thats_a/). To close these attack vectors there will be no more “ completely free” transactions in blocks, instead we will use a flat fee per kb when adding transactions to the blockchain that should be negligible for normal usage. This can be done via the spork code, which can set system-wide variables in the code. Once set, all blocks will be subject to this limitation, otherwise will be rejected by the network.

As far as determining if this proposal passes, we will consider more yes votes than no votes approval by the network as long as more than 33% of the network votes. If less than 33% of the network votes, we will consider the proposal denied and will not raise the blocksize limitation.

If approved, a proper development, testing and deployment process would start before it reaches production. Let’s give Dash room to grow.

If you support this proposal, please vote yes for the following:

** see official Dashtalksite for detailed vote instruction **  

Thank you for your continued support,

Evan Duffield

* i removed the specific vote instruction to avoid having it tempered with through reposts


Discussion about this block size limitation increase is best to be done on these two sites :

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/
https://www.dashwhale.org/p/2mb-blocksize#comments

(its more structured there and also its more easy to find comments back)

[spatula]

I voted YES on the blocksize increase. Geez that was too easy, perhaps we should take bitcoins lead and just fight and have some name calling and rage quitting for the next couple of years...

[110110101]

Congratulations Dash, impressive 2 years!

Also, I really like that we can vote on the blocksize unlike BTC where the question has been one hostile and infected issue indeed.

[AlexGR]

From what I understand, the quadratic explosion that occurs from 1mb to 2mb cannot be solved with fees. It will either need to limit the max transactions or the size of a transaction - to say 1mb.

Aside from that, do we have any maths on how x11 and 2mb blocks propagate and how that can affect mining and network operation?

I don't feel that people voting yes or no in such technical issues is appropriate.

I mean, yes, we all want bigger blocks, heck, why not 100mb? I mean duuuh? But there are tradeoffs involved and we have to see what they are.

If possible, I'd like to know these things:

1) With the proposed fee structure, how much would it cost me -as an attacker- to add 1gb of bloat to our blockchain? I want to know if its doable for one of our competitor coins to "sponsor" an attack and make our wallet unusable because noone will want to download a 500gb wallet and say "fuck dash, it's taking ages". This is not a theoretical attack, Monero had been on the receiving end of a bloat attack in the past - presumably by Bytecoin (?).

2) What's the propagation and verification speed data regarding 2mb blocks combined with 2.5m intervals - which, sometimes can get down to a few seconds and will it create problems in case of 2mb blocks? Is there any testnet simulation run or something with full blocks, or specially crafted attack blocks to see what will happen at full load?

3) Is there any reason in particular why we would like this change to occur now, instead of the future when we need >28tx/s? The only thing I can think of is ...marketing, in the sense of "hey bitcoin, look over here, we are doing it democratically" - and hitting the news with it, but, again, I'm not comfortable about the decision process when people don't have all the tradeoff data. Actually I don't feel good at all when it's left to anyone's decision process with a simple yes and no


Happy birthday people, the future is bright

[bigrcanada]

Dash Birthday / Trademark Resolution / Blocksize Limitation

https://dashtalk.org/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/

Evan... This is amazing! I am certainly voting "YES"  on this.  Happy birthday indeed.