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

[arielbit]

Not to mention slow transaction times, bloated blockchain, almost non existant official releases, not very many full nodes on the network, and of course the opaque blockchain in which you have to trust there is no bad actor stealthily minting coins they shouldn't. But apart from that. Hey at least Monero has a graphical UI these days. It took a while.

Whoah hold on there buddy that is pure disinformation.

From what I researched Monero has over 1k nodes, well geographically dispersed, pretty decent for a project of it's size, while Dash's Masternode allegations still stand, due to it's costly nature we don't know whether it's the orignal devs setup the Masternodes or not, I personally highly doubt that many people have that much money to throw out on a node so, at the very least people should be vigilant about the Masternodes. So a sybil attack is more probable on Dash.

And you also seem to confuse Monero with Zcash. It's Zcash that has a totally non-transparent blockchain with "trusted" initialization. Monero is decentralized and trustless.


Now I don't know about "bloated blockchain", that's such a redundant term, almost everyone uses it to criticize a competitor. And the last time I sent a Monero TX (wasn't that long ago), the TX confirmed pretty quickly with decent fees.


So I think you are just trying to discredit Monero here from a competitor's point of view.


You are right on the GUI part though, I really had to learn the console commands just to make a wallet, pretty gruesome nerdy work, but I think it was worth it. A better GUI and possible mobile apps and such should be put out in the future though.

here is a brief timeline with of how masternodes came out to be..DASH Masternodes - the perfect motive for the instamine

spoiler alert!...

crickets!

[K~Ehleyr]

Oh that's so cute!!  Look, Dash was only $25 at the time of that little thread of yours    Perhaps we should all be thanking you for the part you played in Dash's meteoric rise (currently $340).  Your linking to that thread again now seems like a very bullish indicator.  Thanks Arielbit, things are about to get very exciting for Dash!!

[arielbit]

Oh that's so cute!!  Look, Dash was only $25 at the time of that little thread of yours    Perhaps we should all be thanking you for the part you played in Dash's meteoric rise (currently $340).  Your linking to that thread again now seems like a very bullish indicator.  Thanks Arielbit, things are about to get very exciting for Dash!!

you are very welcome..

just to remind you all, it wasn't just dash that boomed...pointing to dash price increase just to say that it was better than other crypto assets is just ridiculous.

[sidhujag]

Are there any plans to re-enable instant send? 

That's a great question.  "...and still crickets" indeed!

it was a long time ago since I have informed myself about the current dev status. does anybody know it? when is the evolution release?

Current Dash status = InstantSend has been broken for weeks and no concrete plan (much less working code) has been released to fix the problem of evil Masternode collusion.

That's what happens when you trust 3rd parties like Masternodes.  Your shit gets broken and the world laughs at you.  Every.  Single. Time.

Dash is used to being a laughingstock (often literally the punchline in Core devs' jokes) because of its InstaMine, IPv6, ATM, debit, and privacy/honesty/decentralization failures.

But this time is different.  Leaving InstantSend broken removes all warrants to claim Dash is digital cash, as does the atrocious lack of fungibility created by the giveaway to Coinalytics.

More acutely, Dash is based on an ancient, creaky, dilapidated version of Bitcoin that is full of exploitable 0-day bugs, such as recently disclosed at the Breaking Bitcoin conference.

Worst of all for bagholders, Dash's Evolution is languishing in The Land Of Vaporware while an emerging LTC/DCR/VIA alliance of altcoins are successfully initiating cross-chain atomic swaps.

Dash can't do atomic swaps and can't support Lightning because of Evan The Incompetent Instaminer's idiotic refusal to use segwit for fixing transaction malleability, etc.

Decred and Lightning today showed the world what happens when you prioritize technology over marketing.

https://twitter.com/decredproject/status/910224860625780736


Meanwhile, Dash still hasn't blinded the Masternodes and thus cannot solve its tiny little problem with InstanSend being completely phuX0R'd and unfixable within the self-imposed 2-week deadline.

Apparently the point of Dash is to fund scams like MaxCoin Keiser's Russian vacation, a butt-ugly rented plane, and subsidize an obese self-loathing man-hating racist virtue-signalling blue-hair SJW who shops for problem glasses and generally attention whores under color of TrumpHate.

The problem is they cannot use.block hash.because they do not keep track of masternodes at a per block level.. its a p2p list thats sent prior to.syncing.. in order.to solve.the problem you have to  come up with a deterministic quorum that involves the hash of the block along with input and collateral output.. just using collateral output and tx input gives offchain analysis attack.vectors that make the odds that evam posted in the whitepaper far less convincing for having a quorum you own with minimal number of masternodes.

 I saw this attack was possible before it was posted but didnt really know it can cause double spends so i kept.it between myself and a few others as we just chuckled about it.. but turns out more serious than I had thought..correct me if im wrong.but in order to fix it i think the entire masternode system would need to be reworked as a coloured coin type of implementation.

I also saw a recent push on reworking instantx and not sure if that actually solved the problem more than just patching it by allowing a 15 second window for instantx to complete.. im not sure how that actually prevents any attack here.

Ouch.  Dash's poor design decisions and resultant bad architecture reliant on trusted 3rd party Masternodes are not fixable problems.

Evan is like the sweaty stressed meme guy deciding which red button to press:
1. Leave InstantSend broken and abandon claim to be digital cash, or,
2. fork Decred and move the entire Dash coin distribution to a new blockchain via 1:1 airdrop.

But option 1 isn't viable because Dash's code was copy/pasted from an ancient Bitcoin release, full of exploitable zero-day bugs and thousands of commits behind Core 0.15.

If your friends want to test their theories I'd be happy to fund such research.  Let's see how many bad apples it takes to spoil the entire bunch.

Since exchanges are at risk of being drained using double-spent Dash, we need to put on our white hats and secure the vulnerable funds before the black hats get them first.

Another way to prevent loss would be to use Chris Jeffery's oomkiller attack to brick Masternodes until the network is paralyzed or at least segmented into uselessness.

I'll give 1 BTC to the first person who publishes modified weaponized Masternode code capable of carrying out this experiment.

The sooner we shut this scam down the better.  The pictures of poor desperate Venezuelans and retarded Iowan children being OneCoined trigger my sheepdog instincts. 

Give me 10 btc and a month and u got a deal

[noobtrader]

Ouch.  Dash's poor design decisions and resultant bad architecture reliant on trusted 3rd party Masternodes are not fixable problems.

Evan is like the sweaty stressed meme guy deciding which red button to press:
1. Leave InstantSend broken and abandon claim to be digital cash, or,
2. fork Decred and move the entire Dash coin distribution to a new blockchain via 1:1 airdrop.

But option 1 isn't viable because Dash's code was copy/pasted from an ancient Bitcoin release, full of exploitable zero-day bugs and thousands of commits behind Core 0.15.

If your friends want to test their theories I'd be happy to fund such research.  Let's see how many bad apples it takes to spoil the entire bunch.

Since exchanges are at risk of being drained using double-spent Dash, we need to put on our white hats and secure the vulnerable funds before the black hats get them first.

Another way to prevent loss would be to use Chris Jeffery's oomkiller attack to brick Masternodes until the network is paralyzed or at least segmented into uselessness.

I'll give 1 BTC to the first person who publishes modified weaponized Masternode code capable of carrying out this experiment.

The sooner we shut this scam down the better.  The pictures of poor desperate Venezuelans and retarded Iowan children being OneCoined trigger my sheepdog instincts.  

Give me 10 btc and a month and u got a deal

did you guys just announce to the world of your criminal intent ?   EDIT :  again ? like the last time icetrollero promises to exposes Dash's weakness ? LOL

[qwizzie]

Network Strength Comparison with regards to Sybil-Attack

Monero : 1000 full nodes
Cost to setup a full node : $5 per node
Cost of Sybil Attack : $5 x 1000 = $5000
Network Strength on itself : Weak
Network Strength against Sybil Attack : Very Weak

Dash : 4552 masternodes
Cost to setup a masternode : $346,010 per masternode
Cost of Sybil Attack : $346,010 x 4552 = $1,575,037,520
Network Strength on itself : Strong
Network Strength against Sybil Attack : Very Strong

Note : There is currently not enough Dash circulating around to even try a Sybil Attack

[qwizzie]

Dash price outbreak in progress : stay tuned...

[kslavik]

Dash price outbreak in progress : stay tuned...

Huge buys on bithump. Koreans definetly liked Dash. I'll aim for ATH in btc. Than I might short it.

[wepobid]

everyone, I want to buy antminer d3 15gh/s dash miner .. from nodecrypto.com... anyone pre order this??

[kointrend]

Dash price outbreak in progress : stay tuned...

Huge buys on bithump. Koreans definetly liked Dash. I'll aim for ATH in btc. Than I might short it.

Impressive, 58% of the market  

Come on, eat just five millions to pass litecoin  

edit: Done! 

[kostepanych2]

Lol, I mined 24 darkcoins in the beginning of 2014 with the GPU of my desktop PC.
It's good that I not sold it off in that time  .

[afbitcoins]

Not to mention slow transaction times, bloated blockchain, almost non existant official releases, not very many full nodes on the network, and of course the opaque blockchain in which you have to trust there is no bad actor stealthily minting coins they shouldn't. But apart from that. Hey at least Monero has a graphical UI these days. It took a while.

Whoah hold on there buddy that is pure disinformation.

From what I researched Monero has over 1k nodes, well geographically dispersed, pretty decent for a project of it's size, while Dash's Masternode allegations still stand, due to it's costly nature we don't know whether it's the orignal devs setup the Masternodes or not, I personally highly doubt that many people have that much money to throw out on a node so, at the very least people should be vigilant about the Masternodes. So a sybil attack is more probable on Dash.

And you also seem to confuse Monero with Zcash. It's Zcash that has a totally non-transparent blockchain with "trusted" initialization. Monero is decentralized and trustless.


Now I don't know about "bloated blockchain", that's such a redundant term, almost everyone uses it to criticize a competitor. And the last time I sent a Monero TX (wasn't that long ago), the TX confirmed pretty quickly with decent fees.


So I think you are just trying to discredit Monero here from a competitor's point of view.


You are right on the GUI part though, I really had to learn the console commands just to make a wallet, pretty gruesome nerdy work, but I think it was worth it. A better GUI and possible mobile apps and such should be put out in the future though.

These are my actual first hand experiences when I tried using Monero. Admittedly from a while back, more than a year ago. But the experience was aweful. Maybe things have improved. I didn't know the number of nodes had crept up, last time I looked it was less than one thousand. I am not confused about Monero and Zcash. Both have opaque blockchains. You don't seem to get it, despite toknormals posts on the subject. Ah well. You can take a horse to water but not make it drink. By the way the ONLY reason I am even mentioning Monero is because you popped up on here going on about Monero versus Dash like its some kind of competition. 

[K~Ehleyr]

It's only Monero people who ever bring up Monero in this thread, and then claim there's some kind of competition.  Comparing Dash and Monero nowadays is like comparing an iPhone and a paperclip.  Sure, if you want to hold documents together you're better choosing the paperclip, but then declaring the iPhone inferior because your papers fell on the floor just makes you look stupid.

[afbitcoins]

It's only Monero people who ever bring up Monero in this thread, and then claim there's some kind of competition.  Comparing Dash and Monero nowadays is like comparing an iPhone and a paperclip.  Sure, if you want to hold documents together you're better choosing the paperclip, but then declaring the iPhone inferior because your papers fell on the floor just makes you look stupid.

 

Coin market cap looks nice just now, only Dash in green. And currently sitting above Litecoin

[stealth923]

It's only Monero people who ever bring up Monero in this thread, and then claim there's some kind of competition.  Comparing Dash and Monero nowadays is like comparing an iPhone and a paperclip.  Sure, if you want to hold documents together you're better choosing the paperclip, but then declaring the iPhone inferior because your papers fell on the floor just makes you look stupid.

Quote of the month haha gold!

[Diego24]

It's only Monero people who ever bring up Monero in this thread, and then claim there's some kind of competition.  Comparing Dash and Monero nowadays is like comparing an iPhone and a paperclip.  Sure, if you want to hold documents together you're better choosing the paperclip, but then declaring the iPhone inferior because your papers fell on the floor just makes you look stupid.

Monero has Fluffypony ... with a guy like that in your team, your coin is supposed to fail hard.

[iCEBREAKER]

It's only Monero people who ever bring up Monero in this thread, and then claim there's some kind of competition. 

There is some kind of competition.  More than one kind, but let's just focus on ring signatures vs DarkSend (now RingCT vs PrivateSend).

Do you know that although Evan is a smart, dedicated Dev, his solution to anonymity is NOT the best solution out there?

Google 'ring signiture,' google 'monero,' google 'darkwallet,' and you will find that you have put your trust a good solution, but NOT the best solution.

You dark loyalist's have a wierd saviour complex about your dev. He is alright, but he has nothing on the dev's of ring signature coins. They are hackers. They are genuine cryptographers. Evan Duffield is an everyday software designer who wanted to have a go at solving the anonymity problem.

Ring signatures are going to be implemented in V2. I will begin development immediately after I opensource V1.

I work on this full time.

That was three years ago.  Now it's 2017 and Dash's PrivateSend is still expensive, slow and ineffectual compared to Monero's RingCT.

IIRC gmax calld it "harmful garbage." 

[Diego24]

It's only Monero people who ever bring up Monero in this thread, and then claim there's some kind of competition.  

There is some kind of competition.  More than one kind, but let's just focus on ring signatures vs DarkSend (now RingCT vs PrivateSend).

As far as I remember Monero people have always claimed their coin was special but then I got shocked when I heard that Monero had a flaw that could allow people to create Monero out of thin air. I know they supposedly fixed it recently but the question is if we can trust this modification  . And then they have this idiot in their team called Fluffypony that doesn't help the team's credibility. 

[ilic]

The higher the price of DASH the more these Monero losers hijack the DASH thread.  

They must absolutely hate the fact they backed the wrong horse!!

Keep the shit talk coming mofos, if anything it just discredits Monero even more and pushes people to DASH!!  You sure as hell dont see DASH supporters crashing the Monero thread every day badmouthing it, even though it probably deserves it.  DASH supporters are a little better than that.

[qwizzie]

Interesting pull request : https://github.com/dashpay/dash/pulls

Cool, it got integrated into 12.2

Also it looks like we get more details about Instantsend and its security concerns in 3 days :