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

[dnaleor]

Re Charlie Lee:
Unfair instamined launch... rrrrright...
That's really funny to hear from a guy who launched a coin with ~10000 blocks (~500.000 LTC) mined in the first 24h
https://twitter.com/UdjinM6/status/824212258695905284

I smell competition. Or should I say Charlie smells competition. It feels good.
When Charlie says that one launch is fair and the other not it just makes him look stupid. Dash was based on Litecoin at the beginning, copying the same bug wchich caused fastmining. Both of them were fastmined by miners so...scams?
How can he state with straight face about the number of miners when the mining started? Hello, it was 2014 newcoins fever, so Charlie's thousands of miners would have been waiting and then mining Darkcoin, and just him with few friends would have been mining Litecoin. It looks like Charlie is ignorant and just say what others told him to say.
Now Charlie with his brother from btcc trying to ressurect his coin, again by copying everything from BTC, with making a little buzz and monero-butt licking.
It's ok with me, he can do so but please without lying or being ignorant.
Such cup of tea he has there.

Bring it on, trolls, gremlins, whatever  

The differences between the LTC instamine and the DASH instamine are clear:

1) LTC was early, so less interest in  the coin, therefore the instamine was smaller (not 2 million coins in 2 days)
2) The LTC instamine is documented, so Evan Duffield should have fixed it before Copy/Pasting it (or should I say printing the code out using CTRL-P )
3) After Evan was clearly incompetent to fix the code and was willing to let the instamine of Xcoin happen, he made the scammy decision to LOWER the total amount of DASH that would be crated from 84 million initially to 21 million and eventually to ~16 million coins. This makes the 2 million instamined coins a larger % of the total emission.

So Charlie is right: DASH is a scam.

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[Taylor05]

Proposal: Infrastructure - Datacenter (February)

https://www.dash.org/forum/threads/proposal-infrastructure-datacenter-february.12866/

This proposal funds our ongoing infrastructure costs - including expanded funding for higher-availability redundant instances for critical websites as well as adding staging and development instances.

[toknormal]

DASH is a scam

Well even if you invest now you should still be able to afford yourself some nice accommodation to cope with up and coming developments by the time they arrive



...here's a fellow traveller who might offer to keep you company.

[volyova]

The Dash core team are NETWORK APPOINTED. The masternodes VOTED to have Ryan as the Finance Director for Dash and fund him appropriately, he did not appoint himself....THE MASTERNODES DID THROUGH OUR AWESOME GOVERNANCE SYSTEM!

So since Ryan controls 400 masternodes, you ARE saying that he basically voted himself in. He did appoint himself. How awesome! I dunno how many masternodes OTOH and Evan control (at least as many, I presume), but when you have three entities working together, controlling such a huge percentage of possible votes, that isn't a governance system. No-one in this world would agree with you, that's called something else. They could pass any "proposal" they want. They could pass a proposal to "line my own pockets, pls", and there's fuck all anyone could do about it. Yeah, totally awesome governance system, mate. It must be time for your medication..

Exhibit A:

https://www.dashcentral.org/p/transform-pr

Voted out by the network... If such a cartel really existed then why did a project get the 'thumbs down' from the network despite vocal support from the core team? If your theory is correct then this proposal would have been voted through no questions asked...

Walter

P.S. How does the DASH governance system compare to other top 10 cryptos out there? ...Erm... What governance systems...

The point is that the dash "governance system" is not "one man, one vote" (the system adopted by all civilised countries). It's "how much money, how many votes" and this allows/enables such cartels to exist. Your "governance system" is open to corruption. In fact, it welcomes and enables corruption, by design. This is clear for all to see. This would not be tolerated in the real world, and it won't be.

Cryptos were designed originally, precisely to keep governmental dirty paws off our money. So what does Dash do? Makes a "government" that is many orders of magnitude worse? Please could you tell me how that is (in any way) awesome?

How to take a great idea...and ruin it. World I give you....Dash.  

[toknormal]

The point is that the dash "governance system" is not "one man, one vote"

Well you've sure got a point there.

I always thought that if I stuck $100 into Apple I should have as much say as these guys. I've got some pretty neat ideas for Apple that I think are better than theirs anyway.

See if you can't convince them of your "one man one vote" idea. Sounds ideal to me  

(P.S. Speaking of whom, here's quite an entertaining little skit for those looking to fill 2 minutes).

[gusterdd]

The point is that the dash "governance system" is not "one man, one vote"

Well you've sure got a point there.

I always thought that if I stuck $100 into Apple I should have as much say as these guys. I've got some pretty neat ideas for Apple that I think are better than theirs anyway.

See if you can't convince them of your "one man one vote" idea. Sounds ideal to me  

Dash cryptocurrency is similar a company.
If some one has many masternodes, he would have many voting tickets !!
Volyova, your one man, one vote idea is not for dash voting system. Dash voting is not President election.
In masternode voters exist leading whale voter. Leading whale voter's selection is most important.
In voters exist competition to get more (voting)share,  so masternode number increase every month.
Though you set a masternode and don't vote,  you ride on the price increase becauseof whale's masternode competition.
Volyova, Please join dash team !!

[jacobmayes94]

I am offering a super-node hosting service: https://bitcointalk.org/index.php?topic=1757389.0 (do not confuse this with 1000DASH 'super' nodes, this is more of a high speed node for relay purposes (for pools) etc.

0.1 BTC a year for the DASH community. This is a node that is hosted on a high bandwith, high speed low latency server. This is a node which will have reliable uptime, but will also allow fast relaying of blocks to other peers if pools have a direct connection to the nodes. For any coin to be listed, I am looking for 0.1 BTC / year per coin. Currently we have a HODLCoin seed node hosted here, which is a great honor!

If the DASH community wishes to have a supernode hosted here, which will be kept updated with the latest software, please use this address which is kept track of. Once it reaches 0.1 BTC a supernode will be hosted. Feel free to read the topic and contact the HODLCoin developer for feedback.

Server specification (I have multiples): Quad-Core Xeon, 4GB RAM, 160+GB HDD space, 1Gbps network per server. As DASH is well established where nodes are concerned, this would be more suitable for pools as a relay so I am unsure if this will gain any traction in DASH but will offer my service.

DASH supernode funding address: 3F1GjdY4xeGhmdwXmmh8r9GYzMoNZk34iN

Thank you!

[Lukas_Jackson]

The differences between the LTC instamine and the DASH instamine are clear:

1) LTC was early, so less interest in  the coin, therefore the instamine was smaller (not 2 million coins in 2 days)
2) The LTC instamine is documented, so Evan Duffield should have fixed it before Copy/Pasting it (or should I say printing the code out using CTRL-P )
3) After Evan was clearly incompetent to fix the code and was willing to let the instamine of Xcoin happen, he made the scammy decision to LOWER the total amount of DASH that would be crated from 84 million initially to 21 million and eventually to ~16 million coins. This makes the 2 million instamined coins a larger % of the total emission.

So Charlie is right: DASH is a scam.

You're quick soldier.

1. Charlie said LTC was mined by thousands of miners at that time. So, do you know what are you talking about? You just do your duty here, I suppose.
2. Maybe he didn't do enough research and just launched the coin in a 2014-coin-fever. Are you a butthurt now, soldier?
3. If he would have done that decission by himself, we wouldn't have anything to see here, instead we have a bunch of loyal xmr soldiers attacking very succesfull and with bright future cryptocurrency. By the way, when you follow Dash that closely, soldier for 2xmr/day , at least do it properly. If that makes you sad, sorry, there will be ~19,8 million coins, and that makes fastmined coins a lower % of the total emission  

But don't worry soldier, well done, you did your duty.

PS. Sorry for quoting an obvious paid idiot.

[MasterMined710]

DASH governance system

Dash's governance is way way way more fair and decentralized than BTC, which is controlled by only a handful of centralized miners in china.

[Solarminer]

DASH governance system

Dash's governance is way way way more fair and decentralized than BTC, which is controlled by only a handful of centralized miners in china.

Nope.  Dash does not have a governance system.   Governance implies that you can force a change.   The only thing the budget system can do is pay out a project that is submitted.

Proof:   Budget passed to increase block size to 2MB.   Result is still 1MB blocksize.  Of course, this proposal is used over an over to say Dash can increase the blocksize in 24 hours....um.   right....1 year and still no change.

The only ones that can control changes are those with access to github.  And even then, the code needs to be created and tested before it can be approved.

Charlie was spot on with the "Marketing over Tech".

To get you started on that blocksize increase, here is a start.
https://github.com/dashpay/dash/blob/master/src/primitives/block.h
/** The maximum allowed size for a serialized block, in bytes (network rule) */
static const unsigned int MAX_BLOCK_SIZE = 1000000;
change to
static const unsigned int MAX_BLOCK_SIZE = 2000000;

[TanteStefana2]

[Your gracious comment]

Not to clog the thread, but sorry for comparing you to a goldfish 

No, that's how I describe myself, and it's true!  I have a weird short term memory issue, LOL, which is actually pretty funny.  I have a "twin cousin" who loves to tell jokes, and he can always tell me the same jokes over and over again because I'll have forgotten the punch line (or the whole joke) and laugh like it was the first time   So no, no offence taken at all, LOL.

[TanteStefana2]

The point is that the dash "governance system" is not "one man, one vote"

Well you've sure got a point there.

I always thought that if I stuck $100 into Apple I should have as much say as these guys. I've got some pretty neat ideas for Apple that I think are better than theirs anyway.

See if you can't convince them of your "one man one vote" idea. Sounds ideal to me  

(P.S. Speaking of whom, here's quite an entertaining little skit for those looking to fill 2 minutes).

That was funny, both!

Why don't people get that this is a business, an open organizational business, but a business none the less?  Why are they here?  I mean, this space is supposed to be full of anarcho capitalists yet these trolls don't seem to understand any of this.  I suggest reading Hayek's free money market, it's a free PDF download!

[MasterMined710]

DASH governance system

Dash's governance is way way way more fair and decentralized than BTC, which is controlled by only a handful of centralized miners in china.

snip...Budget passed to increase block size to 2MB.   Result is still 1MB blocksize.  Of course, this proposal is used over an over to say Dash can increase the blocksize in 24 hours....um.   right....1 year and still no change.

We don't need 2MB blocks right now and it would not be wise to implement that change until we do. When it is time to do so it will be done. Do you doubt that?

"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....If approved, a proper development, testing and deployment process would start before it reaches production."
https://www.dashcentral.org/p/2mb-blocksize

[Taylor05]

Proposal: Admin - HR Consult

https://www.dash.org/forum/threads/proposal-admin-hr-consult.12870/

This proposal would fund a third-party evaluation of our HR needs in six key areas outlined in the proposal.

[Solarminer]

DASH governance system

Dash's governance is way way way more fair and decentralized than BTC, which is controlled by only a handful of centralized miners in china.

snip...Budget passed to increase block size to 2MB.   Result is still 1MB blocksize.  Of course, this proposal is used over and over to say Dash can increase the blocksize in 24 hours....um.   right....1 year and still no change.

We don't need 2MB blocks right now and it would not be wise to implement that change until we do. When it is time to do so it will be done. Do you doubt that?

"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....If approved, a proper development, testing and deployment process would start before it reaches production."
https://www.dashcentral.org/p/2mb-blocksize

Yeah, totally reasonable to delay a year before working on any of the code for a blocksize increase.  At this rate it is looking like Bitcoin will beat Dash on a blocksize/segwit update.

[volyova]

The point is that the dash "governance system" is not "one man, one vote"

Well you've sure got a point there.

I always thought that if I stuck $100 into Apple I should have as much say as these guys. I've got some pretty neat ideas for Apple that I think are better than theirs anyway.

See if you can't convince them of your "one man one vote" idea. Sounds ideal to me  

Dash cryptocurrency is similar a company.
If some one has many masternodes, he would have many voting tickets !!
Volyova, your one man, one vote idea is not for dash voting system. Dash voting is not President election.
In masternode voters exist leading whale voter. Leading whale voter's selection is most important.
In voters exist competition to get more (voting)share,  so masternode number increase every month.
Though you set a masternode and don't vote,  you ride on the price increase becauseof whale's masternode competition.
Volyova, Please join dash team !!

Dear gusterdd, you sound like a decent chap, you really do, so please know that this reply is from the heart (and I hope I am not being trolled here).
I want to help you, I really do, but I can't join the Dash team, because I can't defend Dash, because I can't change Dash. Only Evan can do that, so perhaps you'd be better off appealing to him (I know, I know, he probably won't reply).
Asking me to join the Dash team is like asking me to jump aboard a sinking ship, full of rich psychopaths that wish only harm to come to me! Maybe I could save a few lives, but why not just let it sink? You can jump off too.
This is not just me "being dramatic". If you read a couple of pages back, you'll notice that I was actually THREATENED by a Dash community member. Having only the body of a weak and feeble woman, I was frightened by this. I am scared to have such people in my proximity. People who think that it's alright to do that kind of thing. I'm sure you understand what I mean.
To be totally clear with you, I was once invested in Dash as well (so I know your pain), but the more I found out about it, the more I didn't like it and the more nervous I became holding it. In the end (for my peace of mind), I sold. That is to say, I saved myself. Every decent Dash newb/newbette can do the same. No network can survive without users. You all know what you need to do. Leave this network before it leaves you.

[TanteStefana2]

DASH governance system

Dash's governance is way way way more fair and decentralized than BTC, which is controlled by only a handful of centralized miners in china.

Nope.  Dash does not have a governance system.   Governance implies that you can force a change.   The only thing the budget system can do is pay out a project that is submitted.

Proof:   Budget passed to increase block size to 2MB.   Result is still 1MB blocksize.  Of course, this proposal is used over an over to say Dash can increase the blocksize in 24 hours....um.   right....1 year and still no change.

The only ones that can control changes are those with access to github.  And even then, the code needs to be created and tested before it can be approved.

Charlie was spot on with the "Marketing over Tech".

To get you started on that blocksize increase, here is a start.
https://github.com/dashpay/dash/blob/master/src/primitives/block.h
/** The maximum allowed size for a serialized block, in bytes (network rule) */
static const unsigned int MAX_BLOCK_SIZE = 1000000;
change to
static const unsigned int MAX_BLOCK_SIZE = 2000000;

You do realize that Dash currently has 4 times the block capacity of Bitcoin, right?  And a fraction of the need!  I don't know what happened to you Solar, but if you really can only troll now, it might be healthier for you to turn and walk away completely and dig into another project.  I'm sorry to see you go, but seeing you act like this is just sad.

[iCEBREAKER]

How does the DASH governance system compare to other top 10 cryptos out there? ...Erm... What governance systems...

It's more meaningful (apples to apples) to compare DASH with the other coins that feature explicitly blockchainy "governance systems."

Decred is superior to Dash in every conceivable way.

Peercoin has been around longer and has a better benevolent dictator for life.

Synereo if nothing else wasn't unfairly instamined.

Monero's governance is working very well, giving us state of the art fungibility with RingCT, a slick GUI, and i2p routing (soon).

On the other hand, Dash's governance is causing severe tension in their community.

https://www.dash.org/forum/threads/dash-core-team-accountability-and-lack-of-communication.12567/

This is not to troll but with the hope to build a better framework and community. I believe in Dash and its vision and hold a large number of Masternodes and I am concerned with projects with no communication or updates except for ambiguous comments or excuses:

1) Legal work Part I - 1492 Dash - (Masternode rewards etc for IRS) https://www.dash.org/forum/threads/proposal-legal-sept.10457/
2) Legal work Part II - 1728 Dash - https://www.dash.org/forum/threads/proposal-legal-part-ii-oct.10786/
3) ATM Master Compliance Program Phase 1 - 748 Dash - https://www.dash.org/forum/threads/proposal-dash-atm-master-compliance-program-phase-i.10312/
4) Marketing - Brand & Design - 350 Dash - https://www.dash.org/forum/threads/proposal-marketing-brand-design.11279/
5) Lamassu epic failure of a project - 7327 Dash - Multiple threads on forums, slack etc asking for updates and silence for months and months!
6) Proton Mail Integration - countless developer hours with many meetings and travel and nothing? Saying "we did our part" and its up to them it not good enough in my books. How are we being proactive etc.
7) Mycelium Integration - ditto as above?

There is probably more too but dont have the time to do a full audit. Thats 11645++ Dash gone into thin air?? anyone? @kot @babygiraffe @eduffield

No worries, lets just open a new office and everyone will forget about it all.

Here's what someone who tried Dash thinks about its overhyped "governance systems."

https://www.dash.org/forum/threads/i-sold-all-my-dash-here-is-why-and-my-view-on-the-state-of-dash.11416

features of Dash have issues:

1) Governance - This was an important idea and could have been very interesting. However, this governance model is unproven and thus far the results are lacking. It has been little more a grants system. The few large projects done with it have all been failures (PR, website design, ATM integration). More importantly, it does really reflect the community (look at the vote coints in the Shadowcash thread compared to the development direction of Dash).

In reality, it may even be creating negative value for the community. The reason is because it makes people not perform tasks that they would have done for free under different circumstances, but with the governance system they are unwilling to do it unless they are funded and paid. When there is no grants system people volunteer. When there is a grants system no one wants to work unless they are getting a grant. Volunteering while others get paid just feels wrong, psychologically.

As a result of this effect, the malinvestments of existing grants, and the lack of real control of development or direction despite the governance model, I would say thus far the governance system benefits are dubious.

You don't see those kinds of threads in other communities except the ones controlled 100% by individuals (Vcash, ShadowCash, jl777 trash)

[Solarminer]

DASH governance system

Dash's governance is way way way more fair and decentralized than BTC, which is controlled by only a handful of centralized miners in china.

Nope.  Dash does not have a governance system.   Governance implies that you can force a change.   The only thing the budget system can do is pay out a project that is submitted.

Proof:   Budget passed to increase block size to 2MB.   Result is still 1MB blocksize.  Of course, this proposal is used over an over to say Dash can increase the blocksize in 24 hours....um.   right....1 year and still no change.

The only ones that can control changes are those with access to github.  And even then, the code needs to be created and tested before it can be approved.

Charlie was spot on with the "Marketing over Tech".

To get you started on that blocksize increase, here is a start.
https://github.com/dashpay/dash/blob/master/src/primitives/block.h
/** The maximum allowed size for a serialized block, in bytes (network rule) */
static const unsigned int MAX_BLOCK_SIZE = 1000000;
change to
static const unsigned int MAX_BLOCK_SIZE = 2000000;

You do realize that Dash currently has 4 times the block capacity of Bitcoin, right?  And a fraction of the need!  I don't know what happened to you Solar, but if you really can only troll now, it might be healthier for you to turn and walk away completely and dig into another project.  I'm sorry to see you go, but seeing you act like this is just sad.

So my reply might have seemed harsh, but I am truly disappointed with Dash.  The proposal last year was a great idea.   Ideas are easy, implementing them takes work.   All the Dash marketing about increasing blocksize or made the decision to, is now false advertising.  And since I trusted developers to follow through, I have also been part of the problem by spreading false information.

Dash is different than Bitcoin.  If blocks do get full, InstantX transactions will start to be unlocked.  This is huge problem for such a key feature.   And the attitude of no need to worry about it we are fine, is poor.  Dash should be moving to variable blocks.   Vcash had that figured out last year.  Dash looks more and more like they are promising features just to get investors regardless if they will actually finish them.

[metropolia]

It is great to see Dash is stable around 100M usd market cap, which is no.6 on the total rank, I notice dash can be top 5 again, let us make dash great again!