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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723729 times)
forzendiablo
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the grandpa of cryptos


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January 31, 2017, 01:55:03 AM

DASH and EXCL is best bets now for anon coins

yolo
JANGKRIK BOSS
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January 31, 2017, 02:53:56 AM

DASH, is one of the altcoin since I bought but I never sell, currently I have about 90 dash, the result of purchased four times, and the last buying is early January 2017. I will buy again in a week again, for complement 100 DASH.
110110101
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January 31, 2017, 06:38:59 AM

DASH, is one of the altcoin since I bought but I never sell, currently I have about 90 dash, the result of purchased four times, and the last buying is early January 2017. I will buy again in a week again, for complement 100 DASH.

Good for you Jangrik Boss, I'm sure with all the development and progres of Dash you will be happy with your investment!
Gi01
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January 31, 2017, 07:07:34 AM

DASH, is one of the altcoin since I bought but I never sell, currently I have about 90 dash, the result of purchased four times, and the last buying is early January 2017. I will buy again in a week again, for complement 100 DASH.

May I suggest you to buy into one of the shares node services, so that those 100 will squish you some extra 0,x dash every month (sure, not millions, but why trow a little extra profit?)
usukan
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January 31, 2017, 07:49:21 AM

Thanks for fleshing out exactly what I meant by blue sky Hopium with all the wishful thinking about life in Dufftopia.

I'll take that as acknowledgement that Masternodes *currently* serve no purpose other than facilitating two unlicensed money services, which are transmission and laundering.


DASH is one of the long term stayers IMO - been watching for about 2 years (and I don't even own any) - but on a nice dip - I'm ready now.  The system works - its stable and moving fwd.

--


--
moocowmoo
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January 31, 2017, 10:21:22 AM


A quick cross-post from the dash slack: A bot I built over the weekend





             DASH NETWORK SNAPSHOT REPORT
             data polled 80 secs ago

             PRICE -----------                                 
                        $16.01 dash/USD
                    0.01717653 dash/btc
                       $931.89 btc/USD
                  $113,045,928 market capitalization
             
             GENERATION ------                                 
                    1.94005102 masternode/miner min. reward
                         17633 blocks until next reduction
              2017/03/04 13:24 estimated reduction datetime ( 32 days, 3 hours, 13 minutes )
                      7.14286% subsidy reduction (1/14)
                    1.80147595 next masternode/miner min. reward
             
             BLOCKCHAIN ------                                 
                     7,062,441 total dash mined
                       613,087 total blocks           ( verified sync:local/dash.org/chainz )
                     1 minutes since last block       ( 2017/01/31 10:09:53 )
                   3.036 years since first block      ( 2014/01/19 03:54:41 )
                     2.13 TH/s network hashrate       ( 2,128,336,109,525 X11 hashes per second )
                     84,288.13 network difficulty
                  average 2.62 minutes between blocks
             
             MASTERNODES -----                                 
                         4,346 active masternodes
                        61.54% pct. dash backing masternodes
                   $69,564,842 all masternodes USD value
                       $16,007 masternode USD value
                        $1,432 masternode annual USD earnings
                         8.95% masternode annual return
             
             NETWORK UPGRADE ----------------------------------------------------------
             
             !!!!!!!!!!!!!!!!!!!!!! ATTENTION MASTERNODE OWNERS !!!!!!!!!!!!!!!!!!!!!!!
             !!!!!!!!!!!!!!!!!!!!!! ATTENTION MASTERNODE OWNERS !!!!!!!!!!!!!!!!!!!!!!!
             
                                   new network comes online in
                                   5 days, 1 hours, 48 minutes
                                       ( 2017/02/05 12:00 )
             
                                       On February 5, 2017
                                    You must update both your
                                      local wallet and your
                                 masternode wallet to version 12.1
                                            and issue
                                    masternode start-missing
                                    to join the new network.
             
             !!!!!!!!!!!!!!!!!!!!!! ATTENTION MASTERNODE OWNERS !!!!!!!!!!!!!!!!!!!!!!!
             !!!!!!!!!!!!!!!!!!!!!! ATTENTION MASTERNODE OWNERS !!!!!!!!!!!!!!!!!!!!!!!


tips: XmoocowYfrPKUR6p6M5aJZdVntQe71irCX | identity: https://keybase.io/moocowmoo
service: https://masternode.me -- The first automated masternode service. Ugly website, stellar uptimes and hands-on support. Over 150 nodes with 300+ days uptime!
110110101
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January 31, 2017, 10:47:04 AM

MooCowMoo, is that all that is required for the mastwernodes to update to 12.1 or are there configuration changes needed as well?
Just update the clients and issue the
Code:
masternode start-missing
command?
Macno
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January 31, 2017, 12:33:45 PM

DASH, is one of the altcoin since I bought but I never sell, currently I have about 90 dash, the result of purchased four times, and the last buying is early January 2017. I will buy again in a week again, for complement 100 DASH.

May I suggest you to buy into one of the shares node services, so that those 100 will squish you some extra 0,x dash every month (sure, not millions, but why trow a little extra profit?)

Those services are super nice. I can recommend warmly MooCowMoo's masternode.me. It works from 25 DASH upwards. MNs allow a crypto investment where you earn crypto (DASH) and don't have to risk the principal in the process as with mining, so it's ROI from Day 1.
tungfa
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January 31, 2017, 01:56:38 PM
Last edit: January 31, 2017, 02:09:12 PM by tungfa




this is some old post in their faq and i would not read too much into it
AzzAz
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January 31, 2017, 04:25:57 PM

I had to post this here due to hard trolling lately:
http://www.coindesk.com/fbi-concerned-about-criminal-use-of-private-cryptocurrency-monero/
iCEBREAKER
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January 31, 2017, 05:22:32 PM

Cry I had to post this here due to hard trolling lately  Cry
[off-topic removed]

Criticism of Dash's Instamine, centralized development, and many expensive, unaccountable failed projects is not "trolling."

And it's on-topic, unlike your post.

Let's change the subject back to Dash, shall we?

Here's coblee (Coinbase's Dir. of Engineering) clarifying why Dash's shitty governance isn't his cup of tea.

https://twitter.com/SatoshiLite/status/825124456897007616


--->

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




OK, which one of you cult enforcers marked ^this^ as "Trolling?"   Cheesy


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Monero
"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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
qwizzie
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January 31, 2017, 05:40:53 PM
Last edit: January 31, 2017, 05:57:00 PM by qwizzie

http://www.coindesk.com/fbi-concerned-about-criminal-use-of-private-cryptocurrency-monero/

Quote
The privacy-focused digital currency monero has captured the attention of the Federal Bureau of Investigation (FBI), which has expressed concerns over its use among criminals.

and so it begins...

Quote
Following the event, the special agent said he couldn't provide additional details specifically pertaining to the FBI’s investigative techniques surrounding monero when asked by CoinDesk.

oh boy   Shocked

Edit : sorry AzzAz, i overlooked your post on previous page


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
kludzins
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January 31, 2017, 05:46:17 PM


[/quote]

Can you answer why  XMR supporters are radically aggressive appearing in each and every single thread, flooding the discussions, and FUDing all the coins that appear on their way?
Not just DASH but all other coins as well?
toknormal
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January 31, 2017, 05:51:56 PM


oh boy

Got to give them credit for getting away with selling sand to the Arabs.

(Specially when 99% of the transactions use Poloniex's 'obfuscation' services anyway and not Ring CT's  Cheesy )
aleix
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January 31, 2017, 06:11:23 PM




Can you answer why  XMR supporters are radically aggressive appearing in each and every single thread, flooding the discussions, and FUDing all the coins that appear on their way?
Not just DASH but all other coins as well?

What they don't realize is the flood just make us more stronger. Imagine poor souls like Icy, posting here almost every day ¡for years!



They are so pathetic.... I have no words.
toknormal
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January 31, 2017, 06:14:32 PM


Can you answer why  XMR supporters are radically aggressive appearing in each and every single thread, flooding the discussions, and FUDing all the coins that appear on their way?
Not just DASH but all other coins as well?

The answer to that question was posted here.
toknormal
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January 31, 2017, 06:27:29 PM
Last edit: January 31, 2017, 08:58:33 PM by toknormal


....you can only do so using a co-ordinated campaign of hype, fear-mongering, strawman threats, trolling the competition and spending a ton of money on pink bentleys & $250k market pumps just when your 4-Hour MACD's about to get flushed down the toilet. (Easier if only 1 exchange is involved  Wink ).

Ah...I forgot one. "vainglorious name dropping"  Cheesy

If you ain't got the fundamentals (or you only got the fundamentals of a tunnel) then that's important also Wink
Solarminer
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January 31, 2017, 06:27:42 PM

http://www.coindesk.com/fbi-concerned-about-criminal-use-of-private-cryptocurrency-monero/

Quote
The privacy-focused digital currency monero has captured the attention of the Federal Bureau of Investigation (FBI), which has expressed concerns over its use among criminals.

and so it begins...

Quote
Following the event, the special agent said he couldn't provide additional details specifically pertaining to the FBI’s investigative techniques surrounding monero when asked by CoinDesk.

oh boy   Shocked


Is this supposed to be bad for Monero or something?  I seriously doubt the feds are going to be able to coerce view keys from transactions to put any links together.

Why did they pick Monero?   Here is the quote - notice they mention "catches on".  Which privacy coin has highest market cap?
"We’re going to look at what catches on, and what becomes mainstream, and then we’re going to keep an eye on that, because usually not long after that is when you start to see some of the fraud and some of the more nefarious uses of that technology."


On the other hand Dash is partnering with Coinfirm.   Coinfirm should be able to track IP to masternode address to how many rewards each masternode gets to where it is spent.   At that point, any law that comes into play can force a warrant to get the user of an IP address and file criminal charges....tax evasion, mixing(laundering), money transmitter, not declaring crypto holdings over xxxx amount.   The law may not exist now, but the blockchain is forever so expect retroactive enforcement.  Ironically, it would be a piece of cake for the Fed to go after Dash "criminals".  What about mixing?   Feds can just declare mixed coins laundered too.

There is a solution.  It is called IP blinding.  Has that been implemented as a standard feature?  Nope.   Or mixing could be default so coinfirm can't track all of this information, but that idea was put to bed too.

I really could care less about Monero.  But it sure would be nice if Dash would pay attention to what is happening and improve privacy instead of assuming every other coin is inferior.
vlom
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January 31, 2017, 06:38:28 PM

puuh, this dash vs. monero fight is so annoying.

the only outcome of this fight will be that a lot of people will stop following the threads and will forget both coins.

 Huh
toknormal
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January 31, 2017, 07:11:27 PM
Last edit: January 31, 2017, 10:47:44 PM by toknormal


I seriously doubt the feds are going to be able to coerce view keys from transactions to put any links together.

They don't have to. The job's done for them by providing them with a nice neat "black hole" to stand guard over.

For crypto to work as money, it has to have a "face" in as many sectors of commercial and economic life as possible because one economic sector "levers" the value from another in a way that goods and services can't, being sector-specific. Thats what makes the $USD the criminal currency of choice - because it can be earned illicitly in one sector and pop-up somewhere completely differently to be spent on kids christmas presents.

The second thing is, as far as surveillance goes, no cryptocurrency networks (obfuscated or otherwise) tell you a thing about identities unless you're already in possession of significant off-chain information. That can only be gleaned from the entry and exit points to the coin supply - i.e. commercial trading, exchanges, wage earning etc. So if you create an unbacked monetary network that is entirely obfuscated then you're basically kissing goodbye your long term value proposition from widespread adoption on 3 counts:

1. all your boundary points will get regulated out of existence by virtue of tainting the entire network as a suspicious trading indicator

2. you'll end up getting used exclusively as a sector-specific payments system instead of a store of value which leaves you wide open to any competing technology that happens to provide the same service as yours does but cheaper, more conveniently or more reliably

and that's without even considering the biggest ticking-timebomb calamity of all...

3. Confidence. As I explained in this post, the whole point of the Satoshi transparent model was to 'fix' the one thing that has always prevented a trust-free decentralised token from taking hold and garnering real monetary value - public confidence and how to "not" puncture it. It's unlikely that bitcoin would have made it through all its various rollercoaster rides of the last 8 years IMO without complete and un compromised transparency. Gox, malleability crises, heists - you name it. Whether the Feds are crawling all over it isn’t the point. The point is it has the public crawling all over it every minute of every day which is why it remains robust in the face of rumours, scams and technology crises.

The reason why Dash’s privacy model is miles ahead of anything else is because it looked beyond the horizons of "technological obfuscation" and dealt with each of those 3 points independently.

All the cryptonote model does is deny those challenges even exist and bury the whole blockchain from sight. An exercise in nerd-wizardry but monetary gimmickry and not exactly an inspiring prospect. But then again as I’ve stated, that approach was never invented for defining trustless money anyway.

It was invented for carrying bank-backed credit money which is why obfuscation (encryption) was made the priority over authenticity.
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