qwizzie
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October 02, 2016, 03:04:58 PM |
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http://thedashtimes.com/2016/09/30/spectrocoin-announces-support-dash/SpectroCoin is now the only company that exclusively offers Dash Wallet, Dash exchange, Dash debit card, and Dash to Fiat payment gateway for merchants. Owing to Dash’s distinctive involvement of MasterNodes, a decentralized network of nodes that ensure transactions’ anonymization and speed, SpectroCoin also announced that it will be running one of its own to offer Proof-of-service consensus for Dash network. By doing so, the company will enable SpectroCoin wallet users to utilize Dash’s Proof-of-Work (PoW) reward system.
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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ArticMine
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October 02, 2016, 10:03:35 PM Last edit: October 03, 2016, 03:01:41 AM by ArticMine |
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iCEBREAKER
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Crypto is the separation of Power and State.
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October 02, 2016, 10:19:05 PM |
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Appearently one of our trolls went straight to Dash.org and is trying to organize a Dash fork with our own budget funding (how ironic is that). inthewoods [Today at 11:51 PM] We are probably gonna have to fork into another project and find our own developers from within the community. We can let the core have their crappy centralized bankster Dash. with shady crappy proposals and a lack of an active community. Posted in #dash_chat
For those that already voted yes on the Dash Force - Dash Community Energizer budget proposal i would like you to reconsider by reading the comments on below links : https://www.dashcentral.org/p/Dash-Forcehttps://www.dash.org/forum/threads/proposal-dash-force-dash-community-energizer.10820/Thanks for linking those very informative threads. A fork is long overdue. It could have a clean launch and get rid of the Instamine issue that put former supporter Tone Vays off Dash forever. The proposal author is bringing up many important issues you'd rather be ignored, so of course you attack him rather than address the content of his concerns. That kind of twisted logic is why Peter Todd's description of Dash as a "cargo cult" was so dead-on accurate. You cult enforcers are way more interested in preserving the Evan-centric hierarchy, or jockeying for higher positions within it, than actually improving Dash. Staying competitive with Bitcon's Lightning and sidechains should be a big deal, but instead priority is given to fighting like jackals over the monthly Free Money Budget. I'm very confused about what Dash is trying to do (and not do). We see hype because an illegal dick pill site is accepting Dash but OTOH have something about KYC/AML being implemented....lol wut?
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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afbitcoins
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October 02, 2016, 11:09:24 PM |
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The proposal author is bringing up many important issues you'd rather be ignored, so of course you attack him rather than address the content of his concerns.
He proposes a team of trolls. You'd know iCEBREAKER, does it work ?
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iCEBREAKER
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Crypto is the separation of Power and State.
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October 02, 2016, 11:18:20 PM |
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The proposal author is bringing up many important issues you'd rather be ignored, so of course you attack him rather than address the content of his concerns.
He proposes a team of trolls. You'd know iCEBREAKER, does it work ? That's not the proposal, merely your intensely dishonest counterfactual distortion of the actual proposal. The record shows you are a liar: https://www.dash.org/forum/threads/proposal-dash-force-dash-community-energizer.10820/#post-104806As Tungfa said, we need to be seen as a positive professional community and that means absolutely no trolling, swearing or anything like that. It would be counterproductive to what we want to achieve to act that way.
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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arielbit
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October 03, 2016, 01:30:27 AM Last edit: October 03, 2016, 01:52:42 AM by arielbit |
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https://btcmanager.com/news/business/dash-partners-with-coinfirm-to-become-amlkyc-compliant/It has since managed to position itself as the leading anonymous cryptocurrency as its transactions can be set to private. leading in WHAAAAT!!? LOL a blockchain analytics company? haha...what will a blockchain analysis stuff will do with an anonymous crypto? dash "partly private" blockchain is a security hole itself Ariel, I'm going to be polite.
You do not consider that the Monero block chain is unverifiable because it is completely opaque. If you want to "trust the math" and believe no loop hole will ever exist allowing coins to be inserted, changing the supply of coins, or that "the math" will never have an unforeseen hole where transactions will be detangled, something that can't happen with private send, that is fine.
However, an open blockchain, with inputs and outputs that can be seen with the naked eye, and verified is one of the cornerstones of Bitcoin's brilliance. And Dash kept that while also providing privacy.
Because of that, I personally think Dash's privacy feature is far superior to Monero's. Dash is solid. You know where everything stands at any time.
And yet, once again, Dash's superior privacy, fungibility and verifiable blockchain is only one of the many features Dash provides in creating a world class currency that will be used by a majority of the human population in only half a generation's time. But good luck with Monero, but if you want to use your funds for illegal purposes, please use a minimum 8 rounds of mixing in Dash, and leave the Monero at home. I really don't trust it, and fear for your safety.
You think you know it all, you think you can trust "the math" but these cryptographic proofs have weaknesses that can be exploited. Some have been discovered, as in secp256r1, and there could be other weaknesses that have yet to be revealed.
If you want to "trust the math" yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for. back to privacy.. i can compare dash blockchain now to the internet, at first you thought that the internet is private but then it is not...then tor was created, it made the internet "PARTLY PRIVATE" ... didn't we heard of government being able to successfully trace in tor? yes it did happen and it is in the news. I don't see why Dash suddenly has lost it's privacy services though? Private Send is as good as it was before the monero pump, which is only, perhaps 0.00001% less secure than Monero's i already pointed out upthread again and again.. monero blockchain : "completly resistant" to blockchain analysis dash blockchain: "partly resistant" to blockchain analysis you maybe right about 0.00001% less traceable about dash but you didn't consider the privacy of the "blockchain" (since dash can arguably called a bitcoin clone) ---snip--- @Ariel, our little Of course Dash can be analyzed. You can verify every duff on the blockchain, and link it to a unique path to A birth, but not necessarily to IT's birth, unless you are extraordinarily lucky. And if you are so lucky, you will never ever know it. And being built on top of Bitcoin makes Dash able to be adopted by technology built on Bitcoin - no recreating the wheel. And yet, Dash is private, fungible and freshly mixed, is as clean as new born Dash from the block You can deny it all you like, but people with bigger brains than your water filled skull see the truth no matter what names you call us. And GOD you are SO DULL! I'm not sure beauty will be enough to see you through my dear mermaid. Your lack of any definable intelligence is wearing thin, Ugh! Dash is private, fungible and freshly mixed, is as clean as new born Dash freshly mixed? you have to mix every time you want to be private, my GOD the inconvenience. private? not 100% since the blockchain can be analyzed....although it is optional -> again the inconvenience of optional pre mixing and waiting. Of course Dash can be analyzed. You can verify every duff on the blockchain, and link it to a unique path to A birth so what is the problem in partly private blockchain? you are partly exposed which can and still be analyzed through deductive investigation. here is a single example: the blockchain can be analyzed and conclude that an address has a certain amount of coins, and from time to time the government knows if that address is obfuscating something (so there is a suspicion already)..what if you spend on stuff where you don't want to be private? like a TV.. the government can extract the information from the store that you are this dash address that is obfuscating from time to time. they have a lead and that is a start. so you have to be paranoid to be private. remember, even a professional defensive boxer like mayweather can be hit. "partly" is a weak point and it can be leveraged.....so the solution is to be completely private...and that's why you lost the dark markets the next step in quantum computing, nodes (masternodes) will be analyzed too. your masternode gimmicks is like microsoft windows that keeps patching up security holes. and then its game over. you are unable to perform critical thinking, blinded by in-duff-tuation, hate and jealousy. i'm swimming around you and you are drowning and grasping for straws
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tungfa
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October 03, 2016, 02:04:43 AM |
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lyth0s
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October 03, 2016, 03:25:39 AM |
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It's not like Dash was supposed to be a fairly launched truly anonymous cryptocurrency, that's what we have Monero for. Dash will successfully be the first cryptocurrency to limit itself with built in AML/KYC, I think a congratulations is in order.
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smoothie
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LEALANA Bitcoin Grim Reaper
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October 03, 2016, 03:39:10 AM |
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Well there goes the "privacy" claims of Dash. Let's partner with a blockchain analysis company to support our privacy claims...wow just wow...
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,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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tungfa
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October 03, 2016, 03:50:53 AM |
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It's not like Dash was supposed to be a fairly launched truly anonymous cryptocurrency, that's what we have Monero for. Dash will successfully be the first cryptocurrency to limit itself with built in AML/KYC, I think a congratulations is in order. "to limit itself with built in AML/KYC" that is total nonsense and FUD ! nothing will change on a protocol lever - AML/KYC advice is what this is all about ! If you had a little plan /idea/ understanding of business and specially the crypto world you would understand how important that is ! (maybe not if you are only aiming for the darnet - oh - how is that going by the way Edit 1 more for the ignore list (sad these morello people have no home and need to be bitching here) thinking about it is that price drop of yours .... yes that is sad for u ! (remember that 1 trick pony ! ) and then this all looks like that:
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lyth0s
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October 03, 2016, 04:32:26 AM |
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It's not like Dash was supposed to be a fairly launched truly anonymous cryptocurrency, that's what we have Monero for. Dash will successfully be the first cryptocurrency to limit itself with built in AML/KYC, I think a congratulations is in order. "to limit itself with built in AML/KYC" that is total nonsense and FUD ! nothing will change on a protocol lever - AML/KYC advice is what this is all about ! If you had a little plan /idea/ understanding of business and specially the crypto world you would understand how important that is ! (maybe not if you are only aiming for the darnet - oh - how is that going by the way Edit 1 more for the ignore list (sad these morello people have no home and need to be bitching here) thinking about it is that price drop of yours .... yes that is sad for u ! (remember that 1 trick pony ! ) and then this all looks like that: From the article you wrote yourself: https://www.dash.org/news/dash-adds-full-support-for-amlkyc-compliance-with-coinfirm/"The Coinfirm platform will allow for ongoing AML monitoring once fully synchronized with Dash’s blockchain. The platform will provide Dash’s corporate clients, including those who require AML/KYC compliance, with an array of solutions that fulfill and streamline processes. Verification of counterparties, automatic risk assessments, and fraud management tools will be managed and fully scalable by way of Coinfirm’s powerful solutions." "For the first time, a major digital currency, Dash, has announced the direct cooperation with a blockchain compliance platform provider, Coinfirm. The partnership creates the first interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance." “Our mission is to make compliance automatic, seamless, and an easy-to-use utility" I didn't make these statements about compliance being "interwoven", "automatic", "ongoing AML monitoring" etc....you did.
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ArticMine
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October 03, 2016, 04:54:00 AM |
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... From the article you wrote yourself: https://www.dash.org/news/dash-adds-full-support-for-amlkyc-compliance-with-coinfirm/"The Coinfirm platform will allow for ongoing AML monitoring once fully synchronized with Dash’s blockchain. The platform will provide Dash’s corporate clients, including those who require AML/KYC compliance, with an array of solutions that fulfill and streamline processes. Verification of counterparties, automatic risk assessments, and fraud management tools will be managed and fully scalable by way of Coinfirm’s powerful solutions." "For the first time, a major digital currency, Dash, has announced the direct cooperation with a blockchain compliance platform provider, Coinfirm. The partnership creates the first interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance." “Our mission is to make compliance automatic, seamless, and an easy-to-use utility" I didn't make these statements about compliance being "interwoven", "automatic", "ongoing AML monitoring" etc....you did. There is very little point in arguing this further in the Dash thread, since the position of the Dash community on this is very clear for better or for worse. Getting a clear confirmation on this was after all the whole point of my post here.
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MasterMined710
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October 03, 2016, 06:28:02 AM |
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It's not like Dash was supposed to be a fairly launched truly anonymous cryptocurrency, that's what we have Monero for.
lol, the butthurt trolls are back as monero takes a dump and goes down the toilet. monero may be many things (actually only one thing) but fairly launched is not one of them.... Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters https://bitcointalk.org/index.php?topic=1435385.0funny how i would have never created that thread if the monero marketing team didn't obsessively troll dash everyday all day for months on end. it actually started off as more of a joke about the xmr cripplemine, mocking smooths dash thread by a similar name, but the more research i did the more i realized monero had several serious launch issues. i guess the lesson is... don't throw rocks if you live in a glass house.
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MasterMined710
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October 03, 2016, 06:38:33 AM |
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lyth0s
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October 03, 2016, 07:07:59 AM |
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It's not like Dash was supposed to be a fairly launched truly anonymous cryptocurrency, that's what we have Monero for.
lol, the butthurt trolls are back as monero takes a dump and goes down the toilet. monero may be many things (actually only one thing) but fairly launched is not one of them.... Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters https://bitcointalk.org/index.php?topic=1435385.0funny how i would have never created that thread if the monero marketing team didn't obsessively troll dash everyday all day for months on end. it actually started off as more of a joke about the xmr cripplemine, mocking smooths dash thread by a similar name, but the more research i did the more i realized monero had several serious launch issues. i guess the lesson is... don't throw rocks if you live in a glass house. Monero went from < $0.50 to currently about $8, a 1,600% gain. I can assure you that I'm quite pleased and I'm in this for the long haul, not some short term gains. The real question is how many Dash community members are going to stick with Dash in light of all this AML/KYC, automated blockchain analysis, AML monitoring that you guys are implementing. It would seem like the Dash developers are quickly losing their desire for privacy. When anonymous transactions become "optional" rather than "the standard", people will quickly view the private transactions as some sort of illegal activity (the classic: what are you hiding? fallacy) which will effectively wash away any privacy from Dash. Does the current Dash community value privacy? Or is Dash moving away from privacy into something that would be better named Fedcoin? If Dash is not meant to be private anymore then obviously my entire argument in void.
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arielbit
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October 03, 2016, 07:24:55 AM |
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hogwash! ..decieving article comparing gold and oil to a bitcoin fork opensource software. even if only a few owns the world's total gold supply, every single gram of that precious metal came from hardwork though the course of so many years.. while dash instamine coin hoard is the fruit of deciet and lies that happend in 24-48hr period..
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afbitcoins
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October 03, 2016, 07:38:44 AM |
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https://btcmanager.com/news/business/dash-partners-with-coinfirm-to-become-amlkyc-compliant/It has since managed to position itself as the leading anonymous cryptocurrency as its transactions can be set to private. leading in WHAAAAT!!? LOL a blockchain analytics company? haha...what will a blockchain analysis stuff will do with an anonymous crypto? dash "partly private" blockchain is a security hole itself Ariel, I'm going to be polite.
You do not consider that the Monero block chain is unverifiable because it is completely opaque. If you want to "trust the math" and believe no loop hole will ever exist allowing coins to be inserted, changing the supply of coins, or that "the math" will never have an unforeseen hole where transactions will be detangled, something that can't happen with private send, that is fine.
However, an open blockchain, with inputs and outputs that can be seen with the naked eye, and verified is one of the cornerstones of Bitcoin's brilliance. And Dash kept that while also providing privacy.
Because of that, I personally think Dash's privacy feature is far superior to Monero's. Dash is solid. You know where everything stands at any time.
And yet, once again, Dash's superior privacy, fungibility and verifiable blockchain is only one of the many features Dash provides in creating a world class currency that will be used by a majority of the human population in only half a generation's time. But good luck with Monero, but if you want to use your funds for illegal purposes, please use a minimum 8 rounds of mixing in Dash, and leave the Monero at home. I really don't trust it, and fear for your safety.
You think you know it all, you think you can trust "the math" but these cryptographic proofs have weaknesses that can be exploited. Some have been discovered, as in secp256r1, and there could be other weaknesses that have yet to be revealed.
If you want to "trust the math" yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for. back to privacy.. i can compare dash blockchain now to the internet, at first you thought that the internet is private but then it is not...then tor was created, it made the internet "PARTLY PRIVATE" ... didn't we heard of government being able to successfully trace in tor? yes it did happen and it is in the news. I don't see why Dash suddenly has lost it's privacy services though? Private Send is as good as it was before the monero pump, which is only, perhaps 0.00001% less secure than Monero's i already pointed out upthread again and again.. monero blockchain : "completly resistant" to blockchain analysis dash blockchain: "partly resistant" to blockchain analysis you maybe right about 0.00001% less traceable about dash but you didn't consider the privacy of the "blockchain" (since dash can arguably called a bitcoin clone) ---snip--- @Ariel, our little Of course Dash can be analyzed. You can verify every duff on the blockchain, and link it to a unique path to A birth, but not necessarily to IT's birth, unless you are extraordinarily lucky. And if you are so lucky, you will never ever know it. And being built on top of Bitcoin makes Dash able to be adopted by technology built on Bitcoin - no recreating the wheel. And yet, Dash is private, fungible and freshly mixed, is as clean as new born Dash from the block You can deny it all you like, but people with bigger brains than your water filled skull see the truth no matter what names you call us. And GOD you are SO DULL! I'm not sure beauty will be enough to see you through my dear mermaid. Your lack of any definable intelligence is wearing thin, Ugh! Dash is private, fungible and freshly mixed, is as clean as new born Dash freshly mixed? you have to mix every time you want to be private, my GOD the inconvenience. private? not 100% since the blockchain can be analyzed....although it is optional -> again the inconvenience of optional pre mixing and waiting. Of course Dash can be analyzed. You can verify every duff on the blockchain, and link it to a unique path to A birth so what is the problem in partly private blockchain? you are partly exposed which can and still be analyzed through deductive investigation. here is a single example: the blockchain can be analyzed and conclude that an address has a certain amount of coins, and from time to time the government knows if that address is obfuscating something (so there is a suspicion already)..what if you spend on stuff where you don't want to be private? like a TV.. the government can extract the information from the store that you are this dash address that is obfuscating from time to time. they have a lead and that is a start. so you have to be paranoid to be private. remember, even a professional defensive boxer like mayweather can be hit. "partly" is a weak point and it can be leveraged.....so the solution is to be completely private...and that's why you lost the dark markets the next step in quantum computing, nodes (masternodes) will be analyzed too. your masternode gimmicks is like microsoft windows that keeps patching up security holes. and then its game over. you are unable to perform critical thinking, blinded by in-duff-tuation, hate and jealousy. i'm swimming around you and you are drowning and grasping for straws The trouble with comments like this arielbit is that there is no structure. Its too verbose, I simply can't be bothered reading it. even scrolling past is a bit annoying due to its length.
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arielbit
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October 03, 2016, 07:52:44 AM |
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The trouble with comments like this arielbit is that there is no structure. Its too verbose, I simply can't be bothered reading it. even scrolling past is a bit annoying due to its length.
i just showed the discussion i had with tante about the problem of dash's partly private blockchain and pointed out that it can be analyzed..now it came true...that's all..
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dnaleor
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October 03, 2016, 08:19:43 AM |
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It's not like Dash was supposed to be a fairly launched truly anonymous cryptocurrency, that's what we have Monero for. Dash will successfully be the first cryptocurrency to limit itself with built in AML/KYC, I think a congratulations is in order. "to limit itself with built in AML/KYC" that is total nonsense and FUD ! nothing will change on a protocol lever - AML/KYC advice is what this is all about ! If you had a little plan /idea/ understanding of business and specially the crypto world you would understand how important that is ! (maybe not if you are only aiming for the darnet - oh - how is that going by the way Edit 1 more for the ignore list (sad these morello people have no home and need to be bitching here) thinking about it is that price drop of yours .... yes that is sad for u ! (remember that 1 trick pony ! ) and then this all looks like that: From the article you wrote yourself: https://www.dash.org/news/dash-adds-full-support-for-amlkyc-compliance-with-coinfirm/"The Coinfirm platform will allow for ongoing AML monitoring once fully synchronized with Dash’s blockchain. The platform will provide Dash’s corporate clients, including those who require AML/KYC compliance, with an array of solutions that fulfill and streamline processes. Verification of counterparties, automatic risk assessments, and fraud management tools will be managed and fully scalable by way of Coinfirm’s powerful solutions." "For the first time, a major digital currency, Dash, has announced the direct cooperation with a blockchain compliance platform provider, Coinfirm. The partnership creates the first interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance." “Our mission is to make compliance automatic, seamless, and an easy-to-use utility" I didn't make these statements about compliance being "interwoven", "automatic", "ongoing AML monitoring" etc....you did. You forgot to mention that this results in fungibility issues for DASH For example, when you mixed, you may need to go through AML/KYC procedure to be able to interact with a KYC/AML compliant company. When your coins have a shady history, you risk blacklisting/confiscation. DASH - Not that fungible after all (well, I already knew from the start that is would eventually happen, as mixing isn't DEFAULT)
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dnaleor
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October 03, 2016, 08:23:18 AM |
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An oldie from me as well, enjoy I'm still very surprised to see that people actually believe this instamine was an accident I mean, just look at the facts: 2013-12-29: 2 guys from Hawk Financial Group, Evan & Kyle, are asking on the Bitcoin Dev mailing list for "1 or 2 really good C++ programmer that is familiar with the bitcoin internals to help with a for-profit startup". They are planning to build a unique coin that is "not just a clone of the original Bitcoin code" but in stead "a merge-mined altcoin that will provide a very useful service to the whole crypto-coin ecosystem". They claim to have "detailed plans on how to implement it". 2014-01-18 There were some issues at launch, so Evan said he would postpone the launch and would "definitely not" launch it in the next hours. But he did launch it a few hours later. 2014-01-19 Xcoin was launched. This was the emission in the first 72 hours of the coins existence: This was the emission of the first 100 days: At the moment, there are about 6 million DASH in circulation. There would be 84 million Xcoins eventually. Note that in the first hour, 500k Xcoins were mined. Due to the "quick fix" of the bug, not many people expected to launch a few hours after Evan said he would "definitely not" launch in the next hours. 2014-01-19 Right after the launch, there were problems with the window binaries. Evan clearly was mining right from the start, as he offered 5000 Xcoin as a bounty for compiling the binaries. 2014-01-20 After the emission of almost 2 million coins, Evan said that "now that everything is stable, I'll be posting later about the vision of this project and milestones!". Up until this point, only the "X11 hashing algoritm" was a known feature. According to him, it was "time to move on to actually implementing what I set out to do". 2014-01-22 Evan releases his plans for XCoin. At this point, more than 2 million coins were mined. --- Later on, some contradictions surfaced: * The emission schedule changed multiple times. The latest we heard is that the number of coins would be somewhere between 14 million and like 16 million DASH. * Evan said that this project was just a hobby he started while working on a full time job and coded Xcoin in a weekend. * Evan claims there were hundreds of miners if not thousands when Xcoin launched. Recent investigation showed that there were 124 IP addreses that were mining at the start. 115 of those addresses where Cloudhosting and Dedicated Servers, 9 of them seem to be private/users.106 of them were at Amazon AWS and Microsoft Azure cloud instances. --- Conclusions: *Evan isn't acting alone, he had/has a team behind him right from the start. It wasn't a hobby. he had a plan to make a profit. *Evan had plans for his coin right from the start, but didn't release them until after the instamine *1.5 million coins were mined in the first 8 hours. Most of these coin ended up in his (and his friends) hands. It's very likely the 500k in the first hour were only mined by him with cloudhosting services. *He lowered the emission later on, to make his relative share of coins bigger. Evan was looking for c++ devs for a "for profit startup" at the end of 2013 for the launch of an altcoin. How can you make a profit by launching an altcoin (and be sure to be able to pay your devs)? Answer: by premining and/or instamining. How he did it is pretty easy: *telling people the release would definitely not be in the next couple of hours and after that do launch it a few hours later *buggy windows binaries *a "code error" creating 500k coins in the first hour, >1.5 million in the first 8 hours. How can this be all an accident and NOT be intentional? => DASH was clearly a planned instamine scam.
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