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

[Jestah]

Good morning everyone:

https://bitcointalk.org/index.php?topic=1433982.msg14674154#msg14674154

I'm starting to resemble a crazy old man on the Dash Nation thread talking to myself.   That's OK, I'll keep it going until one of you fine Dash Nation members have something to say to me or to the good readers of the Altcoin discussion board. If we let that thread die, the detractors get to spread a false narrative about Dash unchecked.

Cheers,

Tao.

Wait.... are you claiming you aren't a crazy old man? 

[1714787807]

1714787807

[1714787807]

1714787807

[1714787807]

1714787807

[TaoOfSaatoshi]

Good morning everyone:

https://bitcointalk.org/index.php?topic=1433982.msg14674154#msg14674154

I'm starting to resemble a crazy old man on the Dash Nation thread talking to myself.   That's OK, I'll keep it going until one of you fine Dash Nation members have something to say to me or to the good readers of the Altcoin discussion board. If we let that thread die, the detractors get to spread a false narrative about Dash unchecked.

Cheers,

Tao.

Wait.... are you claiming you aren't a crazy old man? 

Hahaha...I guess you have to be a little crazy to be involved in this space.. 

[Bridgewater]

While I agree that MN voting is a great tool, we don't have to be carried away with it

Competence is hard to develop. We can't be competent in the 100% of the fields - I don't understand a word regarding all the tech stuff but I know about mktg and mgmt.

It's extremely important for a long-term project that we are NOT all expert on anything

Delegate to win

This is an excellent post.  I agree wholeheartedly.  By electing competent managers, the masternode operators would still be, by extension, voting on everything; managers would still ultimately answer to the MN operators.  Trust is at the very foundation of civilized society.  It is a common misconception that a person delegating his authority has less power than if he did everything himself, when in fact the opposite is true.

[Bridgewater]

It looks like ShapeShift is back online, and Dash is available to trade again.

Although their "vacation" prompted me to try out that Exmo exchange's support for Dash's instantX (InstantSend?), and now I doubt if I'll use ShapeShift again in the near future.  I never thought that it would be faster to send Dash to an exchange, trade it for BTC and then withdraw, but it is.  And the exchange rate is better than ShapeShift, too (for small quantities).

[pille]

I also think we should keep "digital cash" or "anonymous" and "instant" in the title. I believe they are more important terms for newcomers, than the current one. More important for the end users. Imagine me as a new user, reading the current thread title, I would skip it. Please qoute this, if you agree.

[qwizzie]

Liquidity Providers Original

https://www.dashwhale.org/p/ds-liquidity

There is a new proposal for liquidity providers, please vote this one down.
This is the new correct version:
https://www.dashwhale.org/p/ds-liquidity-v2

Liquidity Providers v2

https://www.dashwhale.org/p/ds-liquidity-v2
https://dashtalk.org/threads/proposal-ds-liquidity-providers-v2.8668/


In 9 days the next superblock will be upon us and unfortunetely both budget proposals are currently still
approved instead of one budget proposal replacing the other. This means that both budget proposals
could still end up getting paid, which we really need to avoid as that was not the intention.

Anyways i would like to urge everyone to vote in such way that in the end only one budget proposal remains, this means
voting yes on one propsal and voting no on the other proposal.

[MasterMined710]

I also think we should keep "digital cash" or "anonymous" and "instant" in the title. I believe they are more important terms for newcomers, than the current one. More important for the end users. Imagine me as a new user, reading the current thread title, I would skip it. Please qoute this, if you agree.

2nd that.

instanTx also seems to be mostly missing from the new demo website. 

[Jestah]

Liquidity Providers Original

https://www.dashwhale.org/p/ds-liquidity

There is a new proposal for liquidity providers, please vote this one down.
This is the new correct version:
https://www.dashwhale.org/p/ds-liquidity-v2

Liquidity Providers v2

https://www.dashwhale.org/p/ds-liquidity-v2
https://dashtalk.org/threads/proposal-ds-liquidity-providers-v2.8668/


In 9 days the next superblock will be upon us and unfortunetely both budget proposals are currently still
approved instead of one budget proposal replacing the other. This means that both budget proposals
could still end up getting paid, which we really need to avoid as that was not the intention.

Anyways i would like to urge everyone to vote in such way that in the end one budget proposal remains, this means
voting yes on one propsal and voting no on the other proposal.

Good point, but lets not leave out the reimbursement proposal.  
https://www.dashwhale.org/p/LP-reimbursment

The LProviders have tied up funds for the sake of the network and have only been paid a fraction of what was promised.   If there is going to be no payback, we should leave the original proposal funded to not FURTHER shaft them.

[AlexGR]

I also think we should keep "digital cash" or "anonymous" and "instant" in the title. I believe they are more important terms for newcomers, than the current one. More important for the end users. Imagine me as a new user, reading the current thread title, I would skip it. Please qoute this, if you agree.

Indeed. The user doesn't care about self-funding. He cares about what the coin can do for them.

[Bridgewater]

I also think we should keep "digital cash" or "anonymous" and "instant" in the title. I believe they are more important terms for newcomers, than the current one. More important for the end users. Imagine me as a new user, reading the current thread title, I would skip it. Please qoute this, if you agree.

Indeed. The user doesn't care about self-funding. He cares about what the coin can do for them.

I agree. The concept of self-governing is only marketable to those few users who like to "check under the hood" to see how the magic is achieved and if there are any flaws.


As for development priorities, I think it is a matter of perspective.  The governance is only 10% of the ever-decreasing block reward, which is only the currency's emission of new coins, not its entire supply.  So that's only 10% of what, 11% annual inflation now?  How much importance does this micro-economy deserve, given its relative monetary value?

If my math is right, Dash's internal governance ecosystem is only about 1% of Dash's annual supply--and that's going to decrease over time as the currency matures. I tend to agree with tok and others that when too much effort is seen being put on developing Dash's self-funded/community-directed management system, it could send the wrong message because the goal is to get the outside economy to use Dash.

I think what we're running into here is the fact that self governance is really new, and is something nobody else has ever done before, so it is garnering an inordinate amount of effort and attention.  I do not think our priorities have shifted, but rather we're temporarily expending extra effort to hammer down this small part of the system so development on the larger more important parts (anonymity, usability, etc) can get turbo-charged.

Additionally, it looks like the governance tools being developed might also be available for end-users of Dash, as in for anyone who holds Dash and wants to pay a contractor or employee for work.  If this is true, then we can rationalize this development effort as not only long-term support infrastructure investment for Dash itself, but also as infrastructure for Dash's usability in the real-world economy.

[tungfa]

Shifting to Cryptocurrency

http://ericsammons.com/shifting-to-cryptocurrency/

 

[TanteStefana2]

Good point, but lets not leave out the reimbursement proposal.  
https://www.dashwhale.org/p/LP-reimbursment

The LProviders have tied up funds for the sake of the network and have only been paid a fraction of what was promised.   If there is going to be no payback, we should leave the original proposal funded to not FURTHER shaft them.

Agreed.  What can I say?  Really, liquidity has continued to be provided despite missing so many payments, it would be a nice gesture to approve the back-pay proposal.  I'm not voting down the original contract myself until backpay is approved, then I'll be ok with reducing the payouts with the new proposal.

Of course I only have 2 MNs, LOL, so not much power there ;P

[alex-ru]

Some additional video-elements to finish your Dash-videos:

https://www.youtube.com/watch?v=jj_JfYOVNDo

[Walter_S]

Perfect use case for Dash and crypto:

http://www.bbc.co.uk/news/magazine-35999549

Colorado has legalized cannabis for recreational use, however, banks are closing accounts of people who use their debit/credit cards to purchase such goods. This has rendered the industry mostly cash based, which comes with its own set of problems when it comes to handling such large amounts.

Get a few Dash ATMs over there and get merchants set up to transact in Dash and its a clear winner

Walter

[110110101]

Perfect use case for Dash and crypto:

http://www.bbc.co.uk/news/magazine-35999549

Colorado has legalized cannabis for recreational use, however, banks are closing accounts of people who use their debit/credit cards to purchase such goods. This has rendered the industry mostly cash based, which comes with its own set of problems when it comes to handling such large amounts.

Get a few Dash ATMs over there and get merchants set up to transact in Dash and its a clear winner

Walter

I'm kind of surprised that Dash isn't being promoted harder in terms of the legal cannabis shops opening up all over the US. Not that buyers have to hide what they are purchasing, but if the banks and creditors are blocking payments out of fear of negative publicity, the shops could have a nice boost in sales by putting up a Lamassu BTM machine next to the shop. It seems like a good opportunity although I have no idea about the costs involved.

[TaoOfSaatoshi]

Perfect use case for Dash and crypto:

http://www.bbc.co.uk/news/magazine-35999549

Colorado has legalized cannabis for recreational use, however, banks are closing accounts of people who use their debit/credit cards to purchase such goods. This has rendered the industry mostly cash based, which comes with its own set of problems when it comes to handling such large amounts.

Get a few Dash ATMs over there and get merchants set up to transact in Dash and its a clear winner

Walter

I agree: https://bitcointalk.org/index.php?topic=1433982.msg14680984#msg14680984

[Gi01]

Not so IT, but in case someone wants to buy some DASH given the prices, and in order to do that you need BTC, I think that https://www.247exchange.com deserves a big UP

Not only the service is good and the price reasonable (especially if you buy a decent amount), the other day I made an order and they didn't realize that they received the payment some hours earlier. In the meantime the BTC/€ went up so I received 0.5 BTC less.

I just sent them an email, they acknowledged the mistake and sent me the difference. Very professional

[110110101]

Not so IT, but in case someone wants to buy some DASH given the prices, and in order to do that you need BTC, I think that https://www.247exchange.com deserves a big UP

Not only the service is good and the price reasonable (especially if you buy a decent amount), the other day I made an order and they didn't realize that they received the payment some hours earlier. In the meantime the BTC/€ went up so I received 0.5 BTC less.

I just sent them an email, they acknowledged the mistake and sent me the difference. Very professional

I have not thoroughly checked their site, but are you saying that this is not an automated exchange? I am curious as how could a deposit be missed, that sounds like a manual procedure rather than the platform crediting your account? Anyway glad it got sorted out!

[BITDV]

CryptoFile.Hosting  has been launched and Dash (DASH) can be used to purchase Premium Upgrades through CoinPayments.net !! Host your files and use crypto's to pay and also earn!! Get Value for your Crypto's!!

More Info https://bitcointalk.org/index.php?topic=1452559.msg14681575#msg14681575

[qwizzie]

btc-e adds new trading pairs: eth and dash

https://bitcointalk.org/index.php?topic=1452594.0



Can someone confirm DSH/BTC is actually DASH/BTC ?