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

[tradwork]

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.

yes its too sad and  sorry to say that government have also play a role in this regard so necessary precautions can not be ignored in this.

[HR]

I have not bumped this post in a while now,

Dash added to Bitfinex !!
Thank you FandangledGizmo (--> https://bitcointalk.org/index.php?topic=1233119.msg18054378#msg18054378)

https://www.bitfinex.com/





That is one major exchange for free (Bitfinex), and one major exchange (unknown at this moment) still to go .....

Is there any news that just pushed the price past 33 USD ? +15% +20% against BTC in a few minutes ??

Major Exchange Integration in few weeks

Dash added to General Bytes ATM Machines

Proposal: Business Development - Major Exchange

https://www.dash.org/forum/threads/proposal-business-development-major-exchange.12881/

This proposal funds the integration of Dash into a major exchange with fiat trading.

Why Aren't We Seeing Greater Adoption of Cryptocurrency?
https://youtu.be/zrIul2OGsQE

Published on Jan 23, 2017
Ryan Taylor defines two reasons crypto hasn't gone mainstream yet -- and it may not be the reasons you've been told elsewhere. This is the speech delivered by the Director of Finance of Dash at The North American Bitcoin Conference, 2017.

Learn more by visiting http://dash.org

Original presentation here: https://youtu.be/Tn2s6IHAL4A

Dash Unveils Largest Software Upgrade Since Inception
http://paymentweek.com/2017-2-6-dash-unveils-largest-software-upgrade-since-inception/

Another good one to add to my collection. This is huge and could potentially lead to purse.io, coinbase and many others integrating Dash!!!

Proposal: Business Development - BlockCypher Integration

https://www.dash.org/forum/threads/proposal-business-development-blockcypher.13253/

This proposal funds the integration of Dash with BlockCypher, an API hot-wallet service.

More Great news...

More exchanges, ATM machines, business development, for what?

All of that will disappear thanks to the self-destructing design of DASH. It's a major design flaw that nobody has seemed to notice.

Right now there are over 4,100 masternodes. That’s more than 4,100,000 DASH locked up as collateral (over 57% of circulating supply). Aside from the fact that this severely limits the number of DASH available for trading (and the fact that little more than 10% of total circulating supply has actually traded on the run up over the last month – a paltry figure that equates more with thinly traded OTC stocks than with major Blue Chips), it ultimately leads to a self-defeating vicious cycle into its own self-destruction.

Not only does the “interest” earned by each masternode fall with every additional masternode added to the network, the number of “shares” available for actual trading also diminishes. Once the number hits 6000, the “interest” earned will fall below 6%. With all the notoriety that DASH is currently getting, that could happen shortly. And with 7000 masternodes “interest” would fall below 4.5% a year.

But what’s more serious is that there would only be a little over 168,000 DASH available “on the market” available for trading.

Price would literally be determined by a handful of cronies playing games with each other.

Not at all a realistic price discovery model.

The only “trading” in existence would be the buying of selling of masternodes, and that would ultimately resemble something that looks more escrow structured in character, something more like real estate, and something that looks nothing like an exchange dealing with liquid instruments like cash.

The success of the whole scheme leads to its own death in so far as highly liquid, non-manipulated exchange trading goes, and obviously the same for being a viable alternative "cash" for that matter.

(And then let me know when you find buyers for $100,000 masternodes for a cryptocurrency that trades in the dumps for lack of tradable shares, and I’ll start an escrow house for you.)

So, when are the "workarounds" and "fixes" going to start being rolled out? What’s the cap going to be for masternodes? Will you re-brand again? Perhaps "PatchWorkCoin"?

[BrainShutdown]

This model doesn't work!

PhD in economics right?

[gerhard]

Bruce Wayne 'Rises' from The Pit | The Dark Knight Rises

https://www.youtube.com/watch?v=-GlU-gGDVVM

[Gi01]

This model doesn't work!

PhD in economics right?

I assume that the last time this guy has seen maths was at elementary school

[toknormal]

This model doesn't work!

PhD in economics right?

I assume that the last time this guy has seen maths was at elementary school

I think it's just that after 2 years of dismissive trolling didn't work, he thought he might get round to quietly asking some tentative questions. (Albeit thinly disguised as dismissive trolling   )

[AzzAz]

This model doesn't work!

PhD in economics right?

I assume that the last time this guy has seen maths was at elementary school

Aside that right now there are 3974 masternodes, not 4100... That makes 120 000 coins difference
No he is not good in math.

[Mrboot]

This model doesn't work!

PhD in economics right?

I assume that the last time this guy has seen maths was at elementary school

Aside that right now there are 3974 masternodes, not 4100... That makes 120 000 coins difference
No he is not good in math.

Wish i had masternodes "would love to sell them asap" we all know its going to happen the question is when.

When will dash drop a rise like this cant be substained.

[AzzAz]

This model doesn't work!

PhD in economics right?

I assume that the last time this guy has seen maths was at elementary school

Aside that right now there are 3974 masternodes, not 4100... That makes 120 000 coins difference
No he is not good in math.

Wish i had masternodes "would love to sell them asap" we all know its going to happen the question is when.

When will dash drop a rise like this cant be substained.

Keep dreaming

[toknormal]

Wish i had masternodes "would love to sell them asap" we all know its going to happen the question is when

Funny.

In 2014/15 the attack line was "masternode collateral will centralise and accumulate in the hands of the few".

Now it's "people will sell their masternodes - we all know its going to happen".

Just shows you there's a line for everyone in Dash

[iCEBREAKER]

LOL!!!  For all you DASH haters, aka Monerons'.

https://youtu.be/P2eNMqilH6A

LOL "I don't know all the details about the instamine..."

Who is this derp?  He doesn't address any of the reasons vertoe gave for leaving the project other than admit he dumped after the Generic Detergent Rebrand Fiasco.  It's like he's never heard of the word "decentralized."

i left because i disagree darkcoin or however it will be called next year is not a decentralized entity. it never was but i ignored it as long as darkcoin was following the same path i was following.

this currency is lead by a single person. darkcoin is like an old conservative company with strong hierarchical comamnd structures and a single person on the top of the pyramid. evan duffield. the rebranding using a detergent name was just a step forward in creating something like apple or paypal.

fuck this i tell you. what we need is a trustless, decentralized and anonymous currency. darkcoin is not decentralized as it still relies on a single person. and this reaches deep into the code base.

the core devs were just a bunch of volunteers exploited for the big thing.

the extended darkcoin team was the same with even a lower place to sit on that pyramid. and what was the darkcoin foundation again? right, something to reserve some rights on some names and collect money. who nominated and voted for the foundation board? who does even know who are these guys? how did we learn about the foundation? from local news papers!

the team listings kept counting names of people nobody ever noticed before. and they never committed anything visible to the community or the repository. and i was spending 25 hours a day monitory everything that happened in the darkcoin community for more than a year.

the things going on here are fishy, intransparent and rely on a single entity.

i will get out and and will contribute to something decentralized and anonymous. i always hoped darkcoin could fill that void. i cant blame anyone to stay with this project. you are probably investors trying to win a gold donkey. or you are simply trying to exploit every possible vector of profit in the coins space. whatever. you are not here because darkcoin is something it claims to be.

if you disagree with my statement above, i dont care, but answer that simple question: what if evan duffield suddenly announces he quits the project tomorrow morning?

DASH - the Original and Biggest Scam of all - I mean Paycoin was a $20,000,000 scam and these guys with Dash are cashing out "Interest" daily -- this will definitely top the Paycoin Scam

Princess Meow-meow's completely justified contempt for this buffoon is so palpable you can feel it emanating from the screen as she throws shade.   



I also recommend this Golden Donkey Classic:

https://www.youtube.com/watch?v=FG39wNrLoec

"Today we're going to buy some Darkcoins on Cryptsy.com!" <--- ROFL

[Mrboot]

Wish i had masternodes "would love to sell them asap" we all know its going to happen the question is when

Funny.

In 2014/15 the attack line was "masternode collateral will centralise and accumulate in the hands of the few".

Now it's "people will sell their masternodes - we all know its going to happen".

Just shows you there's a line for everyone in Dash

Wow insane that 2015 attack line is still active

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

[AzzAz]

Wish i had masternodes "would love to sell them asap" we all know its going to happen the question is when

Funny.

In 2014/15 the attack line was "masternode collateral will centralise and accumulate in the hands of the few".

Now it's "people will sell their masternodes - we all know its going to happen".

Just shows you there's a line for everyone in Dash

Simple: less masternodes - higher the reward. Cheaper DASH to buy. Good for me.
@ Mrboot And yes, you can sell them in seconds

[toknormal]

feline graffiti

What happened to your "we can do both..." post ?

That was starting to have a nice rhythm to it.

[raze182]

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

Masternode funds aren't locked, you can move them anytime you want. You'll just stop receiving payments.

[aleix]

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

The coins are not locked. You can use the coins anytime

[BrainShutdown]

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

The coins are not locked. You can use the coins anytime

Just to show how fkng clueless the dash bashers are.

Always pedling masternodes locked coins change market dynamics and bla bla bla. Look at masternode count, there's dumping coming...

I can take my masternode wallet, send 1000 dash to exchange, sell the coins, rebuy the coins, send to another address, and start a new masternode before the other one drops off the count.

Clueless, clueless...  

[Mrboot]

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

The coins are not locked. You can use the coins anytime

Just to show how fkng clueless the dash bashers are.

Always pedling masternodes locked coins change market dynamics and bla bla bla. Look at masternode count, there's dumping coming...

I can take my masternode wallet, send 1000 dash to exchange, sell the coins, rebuy the coins, send to another address, and start a new masternode before the other one drops off the count.

Clueless, clueless...  

Lol i just didnt know if they were locked or not. Cause i never owned a masternode

[BrainShutdown]

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

The coins are not locked. You can use the coins anytime

Just to show how fkng clueless the dash bashers are.

Always pedling masternodes locked coins change market dynamics and bla bla bla. Look at masternode count, there's dumping coming...

I can take my masternode wallet, send 1000 dash to exchange, sell the coins, rebuy the coins, send to another address, and start a new masternode before the other one drops off the count.

Clueless, clueless...  

Lol i just didnt know if they were locked or not. Cause i never owned a masternode

Fair enough and it wasn't directed at you in particular

This locked story is just really anoying and plain dumb...

[Gi01]

Does anyone know how long a masternode locks the coins? or can you retreive them anytime?

The coins are not locked. You can use the coins anytime

Just to show how fkng clueless the dash bashers are.

Always pedling masternodes locked coins change market dynamics and bla bla bla. Look at masternode count, there's dumping coming...

I can take my masternode wallet, send 1000 dash to exchange, sell the coins, rebuy the coins, send to another address, and start a new masternode before the other one drops off the count.

Clueless, clueless...  

Lol i just didnt know if they were locked or not. Cause i never owned a masternode

I think he was talking about the amount of lies they say every day, not to you. Think that they were able to say that the coins are locked while whoever spent 5 mins here knows it's false.

Just boring (not you)