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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9603926 times)
qwizzie
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July 11, 2018, 03:42:55 AM
Last edit: July 11, 2018, 04:33:15 AM by qwizzie

Some of these Monero trolls are getting so desperate for attention that they post just about anything to draw a reaction, its a bit sad really.
All we can really say to them is : thank you for bumping our Dash ANN thread, good to have you on our side !!

Basicly Dash owns the trolls in here as they maintain and strenghten our Dash presence in the Altcoin Announcements section,
where Dash stands at the very lonely top as most viewed and most replied Altcoin Announcements thread for three consecutive years now.



Now lets get you all back to work, my little preciousss trolls. More bumping of our Dash ANN thread awaits you....

I do wonder what it feels like for a troll to be totally owned by a community, what are your thoughts on that my precious little trolls?
Personally i think it must feel gooodd, why else would they keep coming back for more ?  Undecided

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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tungfa
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July 11, 2018, 07:27:29 AM

What's going on at Dash (11th July)

https://www.dash.org/forum/threads/whats-going-on-at-dash.35432/page-4#post-192327

afbitcoins
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July 11, 2018, 11:05:08 AM

Dash is now breaking all support, not even a bounce??

chart?


Dash/XMR was 4.46 last year today. Now were at Dash/XMR 1.7 What are your thought's?

Sell XMR, buy Dash

As for me I don't care about XMR, I don't monitor its price or pay it any heed, neither etherium, zcash, cardano, ripple etc.
afbitcoins
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July 11, 2018, 11:58:24 AM

Dash drops to .035 btc??? Wtf is going on everything else is booming

Maybe its the lightning network slowly closing Dash's window of opportunity.

Once LN is more fully deployed, unless Dash has built up a strong base of users (actual users not speculative hodlers) before then, Dash's main selling point of scalability, fast transactions and low fees becomes largely irrelevant imho. It still could do well by being more user friendly and adding other extra Ethereum like features in a user-friendly way, but it will get harder to break through and that is going to be reflected in the price.

Lightning Network is still light years away from getting fully tested and implemented in a safe way and on a large scale. LN can not guarantee low transaction fees and has difficulty with the routing of its transactions as its nodes will always need to stay online. In the end it will just lead to massive centralization thanks to how the Lightning Network works and most likely end up only handling large transactions from large institutions through preferenced LN hubs for Bitcoin. Not to mention how LN will most likely create new attack vectors by itself as a lot of value will pass through its centralized LN hubs / nodes.

https://www.investopedia.com/tech/bitcoin-lightning-network-problems/
https://cryptovest.com/news/the-lightning-network-poses-serious-weaknesses/

Genuinely not trying to FUD just trying to share my concerns and form my own opinion on the matter through conversation, but how is that so very different from masternodes? Are they not nodes which always have to stay online, create centralization, and centralized points of attack?

I don't see how LN nodes needing to stay online is a problem, since there is an in-built reward mechanism to compensate people for doing this. Centralization may be an issue for it, although I've also seen the argument that because they may require a money transmitter license and open the person running it to being responsible for what other participants are using it for there may be few large companies willing to go through the hassle and risk, leaving smaller players not worth chasing down by authorities to pick up the slack. And if it does become very centralized, its still just an extra service on top of Bitcoin and you can still use the underlying protocol when you want so maybe that's not a critical problem. Also there can be multiple LN networks so if one is un-friendly to regular people somebody will launch a new one surely? And as for points of attack, at least a node cannot steal the money being routed through it, only delay payments, so perhaps hacking is not quite such a massive issue?

With Dash the blockchain is structured into tiers (miners form tier 1, masternodes form tier 2, endusers after Dash Evolution form tier 3). These tiers are all part of the same network. Masternodes are used for processing InstantSend transactions, facilitate coin mixing (PrivateSend) and can be used to vote on budget proposals. Masternodes and its quorums are selected randomly and are collaterized with a 1000 Dash per masternode. To attack the Dash masternode network the costs would be very high and the attack success rate very low due to Dash masternode collaterization and how it randomly selects its masternodes. Dash masternodes (4600 more or less) are spread all over the world and are even setup by users through joint-sharing. The Masternode Network has no problem with a hot & cold wallet setup, where the hot wallet is an empty wallet on the server side and the cold wallet contains the masternode collateral (offline).

Bitcoin Lightning Network is a centralized seperate network that is not part of Bitcoin's blockchain, has a relatively small number of nodes (1000) that can easily be sybil-attacked and most importantly does not form a solution for Bitcoin's scaling problem by itself.
When Bitcoin's ability to relay transactions over its LN gets hampered due to hacks or Ddos attacks or infiltration of its LN nodes, users will not just fall back to Bitcoin with its slow confirmation time and high transaction costs, they will seek other altcoins that are not hampered by such additional centralized network. Cold storage of coins is impossible on the LN, making it susceptable to theft and hacking.

I think its way too premature to currently herald the Lightning Network as a solution to Bitcoin's scaling problem and it is even more
premature to use it as an urgument that it makes certain altcoins obsolete.

I agree Cryptorial's post was not Fudding, nice to see interesting debate on both sides. To add some of my thoughts.

The biggest difference between the two approaches for me is that using Dash instantsend transactions are all confirmed on-chain and secured with proof of work on the blockchain. In LN transactions are offchain until the differences are settled. Conceptually I view LN as like bank accounts, you open up a channel with a hub (like an account at a bank) using funds you lock, (deposit on your bank account). This model 'might' (or might not) work but is taking users away from blockchain security towards a more centralised bankmodel of security. Dash masternodes are actual nodes on the blockchain network.

Additionally, Dash instant  send has been implemented for some time. LN is still much more a work in progress.

And Dash masternodes tier enables much more than just instant payments including enhanced privacy and a treasury with governance.
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July 11, 2018, 01:22:45 PM


U.S. Think Tank, AEI, Argues for Self-Regulation of Cryptocurrencies


The U.S.-based political think tank, American Enterprise Institute, recently published an essay arguing for the self-regulation of the cryptocurrency industry and said that government regulation should only be used as a last resort.

Broynwyn Howell, author of the essay, started off by mentioning how it is understandable for governments that see the price volatility and technical complexity of cryptocurrencies to have an initial reaction to regulate cryptocurrencies. However, he quickly points out that bad regulation could spell bigger issues and that governments should learn more about the industry first. He points to the emergence of the early financial shares market in the 18th century and bank-issued currencies in the 19th century as evidence for how self-regulation in various industries can function to benefit consumers.



Join New Dash Talk Discord Server​
yonton
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July 11, 2018, 03:35:25 PM

Dash is now breaking all support, not even a bounce??

chart?

You can't look at the dash/btc chart your self?


Dash/XMR was 4.46 last year today. Now were at Dash/XMR 1.7 What are your thought's?

Sell XMR, buy Dash

As for me I don't care about XMR, I don't monitor its price or pay it any heed, neither etherium, zcash, cardano, ripple etc.

All the coins listed above have performed much better than dash over the last 2 years. Infact dash is the worst performer in the top 20 over year to date. Do you care about actually making money, or just a pie in the sky?
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July 11, 2018, 03:51:53 PM


All the coins listed above have performed much better than dash over the last 2 years. Infact dash is the worst performer in the top 20 over year to date. Do you care about actually making money, or just a pie in the sky?

If you think that's bad then you ain't seen nothin yet.

Evo probably won't be out till 2019 in beta and 2020 in full production with bells and whistle's as originally advertised. It's a pretty ambitious project so get ready to test 2014 and 2015 support Wink


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July 11, 2018, 05:13:33 PM


Dash Continues Expansion in Nigeria


Dash is continuing to expand rapidly in Nigeria thanks to the work of Dash Africa, whom Dash Force News talk with about their recent experiences.

Dash Africa shared with Dash Force News some data on the mobile refill orders through Bitrefill.com, which allows prepaid mobile minutes to be purchased around the world with cryptocurrencies. Nigeria was once again the top country with 111 orders from 59 unique numbers. Their total purchase amount in fiat was around the equivalent of 191 Euros or 80,000 Nigerian Nairas, which is significant since mobile airtime can be purchased for as little as 100 Nigerian Nairas. Nigeria had 83 more purchases than the next biggest concentration located in Germany.



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Lontonbit
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July 11, 2018, 05:49:34 PM


All the coins listed above have performed much better than dash over the last 2 years. Infact dash is the worst performer in the top 20 over year to date. Do you care about actually making money, or just a pie in the sky?

If you think that's bad then you ain't seen nothin yet.

Evo probably won't be out till 2019 in beta and 2020 in full production with bells and whistle's as originally advertised. It's a pretty ambitious project so get ready to test 2014 and 2015 support Wink



So you agree we should sell our dash than?

It’s gold for nerds
toknormal
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July 11, 2018, 05:56:53 PM


So you agree we should sell our dash than?

I don't think I said that. I invested in Dash to hold Dash, not some other coin.

You must manage your portfolio according to your own portfolio strategy.
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July 11, 2018, 06:31:41 PM


Dash is a successful, innovative project.


Dash is bad crypto, sold via snake oil marketing.

There is no clearly defined vision or objective goal, just Evan floundering around grasping at crypto fads while his cargo cultists cheer and clap for anything he says/does.

there are many parts of it that are up in the air and we're figuring out what will make the best implementation possible, then we're going with that.

To implement IP obfuscation it would push Evolution back about 2-3 months, then we would use it in v12 for about a year, then throw it out as soon as evolution came along, then I would have to redo the work again....What sense does that make?

The pattern ^here^ is obvious:

Duffield announces a trendy new vaporware feature to hype (ring sigs, Masternode blinding, i2p integration), but then uses the 'ZOMG SO URGENT' next trendy new thing (Evolusham) as an excuse for not completing the previous one(s).

Thanks to Dash's closed development process, nobody can verify if the supposed feature was ever actually started (much less feasible/working) or simply used for a quick price pump.

Dash  Embarrassed

Any update on the 'Masternode Blinding' feature pre-announced 3 years ago?

Tungfa, Big Rich, Tao?  Please comment on why the previous 'blinding' IP obfuscation feature has over the years mutated into a deterministic Masternode list, which is the opposite of obfuscation.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Oh how nice, Dash Corp Inc is requesting fancy new offices while Dash Africa and Dash Venezuela are starving for resources:

https://www.dash.org/forum/threads/core-team-premises-august.39329/

https://www.dashcentral.org/p/coreteampremises0818

Because Evan The Instaminer and his Dash Corp Clique handlers/minions control 100s of Masternodes, I'm 99% sure this proposal will be rubber-stamped with overwhelming last-minute approval, just like the Wachsman PR pork.


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rebal15
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July 11, 2018, 06:46:08 PM


So you agree we should sell our dash than?

I don't think I said that. I invested in Dash to hold Dash, not some other coin.

You must manage your portfolio according to your own portfolio strategy.


Do not forget to put stop-loss into Bitfinex, bittrex and hitbtc.
Do not use other Exchanges like the fucking Kraken.
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July 11, 2018, 06:51:02 PM

Dash is now breaking all support, not even a bounce??

chart?

You can't look at the dash/btc chart your self?


Dash/XMR was 4.46 last year today. Now were at Dash/XMR 1.7 What are your thought's?

Sell XMR, buy Dash

As for me I don't care about XMR, I don't monitor its price or pay it any heed, neither etherium, zcash, cardano, ripple etc.

All the coins listed above have performed much better than dash over the last 2 years. Infact dash is the worst performer in the top 20 over year to date. Do you care about actually making money, or just a pie in the sky?

which one have performed like dash


next year x2.
Lontonbit
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July 11, 2018, 07:34:49 PM

Another flash crash today! It’s not looking good for dash at all. I think big masternode owners are selling off too. This isn’t just about a bear market any more, there must be an underlying problem specifically with dash, it’s just plummeting hard

It’s gold for nerds
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July 11, 2018, 07:37:59 PM


So you agree we should sell our dash than?

I don't think I said that. I invested in Dash to hold Dash, not some other coin.

You must manage your portfolio according to your own portfolio strategy.

If you know it’s going down it would be pretty stupid not to sell it lol who in there right mind would hold an investment knowing it was going down. Dumb

It’s gold for nerds
qwizzie
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July 11, 2018, 07:45:26 PM

Nice to see the flashcrashes getting shorter. This latest flashcrash happened when Bitcoin dipped briefly below $6300
Lets see if Bitcoin stays above $6000, i have my doubts.

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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July 11, 2018, 07:45:52 PM

Another flash crash today! It’s not looking good for dash at all. I think big masternode owners are selling off too. This isn’t just about a bear market any more, there must be an underlying problem specifically with dash, it’s just plummeting hard

Bitcoin could go down to 5800$ in few hours. Grin
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July 11, 2018, 07:49:44 PM

Nice to see the flashcrashes getting shorter. This latest flashcrash happened when Bitcoin dipped briefly below $6300
Lets see if Bitcoin stays above $6000, i have my doubts.

I use dash as a reference in cryptos.
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July 11, 2018, 07:50:51 PM

Another flash crash today! It’s not looking good for dash at all. I think big masternode owners are selling off too. This isn’t just about a bear market any more, there must be an underlying problem specifically with dash, it’s just plummeting hard

Bitcoin could go down to 5800$ in few hours. Grin

Shhhhh, Lontonbit troll is trying to ignore Bitcoin price development at all cost, lets not hurt his feelings here.
I'm starting to think Dash 0.02245660 on the 7th of June 2018 was Dash actual bottom.....

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
Lontonbit
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July 11, 2018, 08:02:07 PM

Bitcoins barely moved lol all the other coins have there up and down days but dash only has down days! Not sure why you guys can’t zoom out on the chart. Just compare dash price to any top 20 coin over the last year and you will see dash is down against all of them. Look for your self

It’s gold for nerds
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